 Alright guys, good morning. Can everyone hear me and see my screen? Good, good, good. Yes, I am recording this webinar. Okay. I see there's a lot of you with Diversions issues. This is simply just a recap. We've gone over divergence several several times if you guys need a recap We can go over it one more time. We can spend a quick 10 minutes on it to go over it And it will go over some some trades that occurred this week And we'll also go over some trades that are possibly coming up Okay, can everyone hear my voice just fine or should I increase the volume or decrease it? Okay one second How about that is that better? Okay, great, great Okay, so where is everybody from where is everyone from see we've got like 57 people in the room right now I'm sure a lot of people missed out because I got in a little bit late today We are running an hour and a half late extremely late. All right, so we've got well London, Philippines Pakistan Portugal Nepal Great all over the place. Okay, Czech Republic nice Singapore okay, okay, so let's get started here now a One thing I want to always mention at the beginning of this webinar is Everything that I explained the webinars are obviously my own opinions And it's not a you know strict thing that I'm saying that you have to follow with this way It's it's just my opinion. I don't know how I approach the markets the other thing I wanted to let you guys know is In terms of divergence I like to use the word opposite if you hear me saying the word opposite I'm tackling about divergence or a hidden divergence any other any what anyone Okay, I simply use the word opposite because that's exactly what I see Okay, so I try to stay away from all the jargon as much as possible And I try to keep it simple as possible so it's easy for me to understand and it's easier for me to explain Okay, so let's get started here. All right Let's see. Let's begin with Let's open up some of the examples that we've had Now we're gonna have a divergence group That's gonna be run by Sunshine, you know, you this lady right here. She was nice enough to actually Step up and say, you know, she'll take care of the diversion She's gonna give it a shot. If anyone else wants to help her out, please do so Here we have the divergence group under the group section Okay, is everyone is my screen frozen or can everyone see my screen? Yeah, you guys can see it. Okay, great Okay, so we have the divergence group here and in this divergence group. You're gonna You're basically gonna see all the Discussions start popping up, you know with all the different types of diversions the next update that I have for you guys I'm putting together a dedicated team along with sunshine To have divergence given to you as a free alert service from Urban Forex. This will be available for iPhone and Android devices So whenever there is a potential update, you guys will have this available four-hour charts daily charts and weekly charts This will help you guys Compare your charts and understand is there a potential turn coming up because divergence is a pretty good piece of information Okay, so let's go into Some of the examples that we posted last week now anyone here want me to go over divergence one more time You know the opposites to explain how it works and stuff like that before we get into what happened last time Okay, so people need some reviews. Yes for reviews Okay, okay, let's go over it for the next 10 15 minutes or so and then we'll proceed from there. Okay Let's do a recap Okay, so let's take a look on divergence. I usually plot my charts up once I plot my charts up I can I can make it larger so it's easier for you guys to see and I click insert. I go to indicators. I Go to oscillators and click on the chastix And this is the one I like I Keep the setting standard, which is five three and three If you don't know about the settings or if you think you've messed it up Just simply click the reset button and it'll come back to standard settings and click okay Okay, and then this is what you see um on the bottom. Okay now What we're looking for is things that indicate that there is something that is opposite in the market so First things first you always want to look at the immediate trend leading up to the situation now We have a high here And we have the next high here Right Okay, the before I reached this last circle that I drew Which trend was this? Is it uptrend or downtrend? Okay uptrend whenever you have the immediate last trend if it's an uptrend Connect your highs not your lows connect your highs. Okay? You Compare that to your indicator make sure it also has turning points like this and it does have turning points, but This is what we say opposite Okay, or this is what we're gonna start saying in this room We're gonna call this opposites you can see that there is a Situation that tells you that hey the price and indicator are not saying the same thing This is an opposite thing is happening Whenever you have an opposite plot price tanks That price tends to reverse Okay now Hey, this will work on MacD also this will work on RSI. This will work on CCI. They're all practically the same thing, you know But I just like statistics. I just prefer to use it if you use MacD try to see if you can get a MacD histogram. It looks a little bit easier for you to plug Okay, so moving forward, let's take a look at some more examples Okay for the indicator those any questions about indicator standard settings standard settings Okay, now let me show you a different example now when you see here I'm gonna circle this one This low here, and then I'm gonna circle this one Okay, before I reached the second circle, I was in a downtrend, right? The market had to move all the way down to Richard. This is why I'm connecting my lows. I Connect my lows here to here What about My indicator does it say the same thing? Yes, so in this particular tense you don't you do not have an opposite You're only looking for opposite scenarios that tell you hmm something is fishy here Something is wrong Hey, that's the time when you want to be focused on all this stuff. So let's move forward and Let's see I can get you another example Okay, here we go. I've got a circle down here A circle over here Before I grew my second circle markets were going downwards because it's a downtrend I'm drawing I'm connecting my circles on the bottom not on top Okay, and I have this uptrend Well, when I look down in the same areas, I see the markets indicators also turned but I Have a different scenario Okay my indicator is Saying Downward movement while the price is saying upward movement. We have something called an opposite the closer You have it to the overbought or oversold the better it is Okay, remember that don't don't try to connect in the middle If you have your indicator in the oversold or overbought area, it's good And make sure it's not being chopped off in the middle like nothing interrupts this trend line that you're drawing Okay, just like there's nothing in between price messing with it. There should be nothing in between An indication. Yeah, so there. Yeah, of course. You see a nice Exhaustion candle there. It gives you a heads up and okay. It looks like markets about to turn anywhere here Okay Now This is what we call opposite. So does everyone understand how why we're looking for opposites Okay. Yes. Yes. All right. I believe I missed a question. Can can the Oscillator have same highs or lows and the chart have different peaks Sir, dude, I don't think I understood that question exactly. Can you rephrase it and I'll see if I can find you an example visual example to explain it All right moving forward. Give me a chart guys. Tell me a currency pair that you guys like. Let's take a look at that Okay, pound. Let's take a look at pound. Okay All right now pound one second. Let me log in again from another device because I seem to Not see the chat messages one second. Okay. Just a moment. Just signing in. Okay. There we go I see the questions now Okay Is it reliable on all time frames? Yes Can you use this with the pro trading system? Yes. Also There's a point at which we draw the line on the stocks and the statistics have to be exactly below the candle 99% yes Okay, as long as it's in that area for example, take a look at this We have this area as a low And then we have this area now even though this area might have gone slightly lower the the objective is to understand that the market Took a curve here and it took a curve here It went came down and turned around you don't want to really look for the exact point that it turned But understand the flow that it came down and turned and came down and turned and you're indicated the same thing it came down and turned and That's when you start to compare and contrast Okay, so let's look at some examples on pound. Okay, let's Let me scroll through to see if I can find you guys a opportunity that is understandable and Then we'll get into a little bit on what happened throughout last week And stuff like that Okay What if we look at something like this? Do we have an opposite here? We have this one circle there the next circle there. Okay, the markets turned around from here went up Turned around from there. You see that the markets are going long here The last on this way to the second circle the markets were going long right, so This is the turnaround point as it's going long. I'm going to connect my highs My highs are in a downward trend over here and if you look at the same area on your Indicator wherever it crosses you see an Opposite okay indicating price is gonna switch directions Okay So you have this time after time everywhere now there is a slight aspect That in fact everybody Misses to educate people on when they teach divergence. In fact every person misses it because 99% the chances are They themselves don't even know what's going on. They're just teaching it because another textbook teaches it Okay I'm gonna go over that Example in a little bit. We're gonna look through all our examples last week But before we begin looking at some examples that we've covered from last week Everyone with me so far everyone understand how we're connecting these highs and lows looking for opposites Okay, I've increased the volume a little bit more. Is that better? Okay, looks like that's all yeses for understanding The opposites Okay, and volume seems to be better too. Okay, cool All right, let's proceed Okay, now. Let's take a look at What we've had here Jimmy I have both because you are loud Thank you Thanks, thanks. Okay, let's take a look here. We had euro usd daily charts. Let's see if there's any progress on that What do we have? Can Can you guys hear me? Sorry? I lost audio for a moment. Yes. Okay great. Um, so yeah, let's take a look at this What do we have here? Let me open this up. We have euro usd for The daily charts and take a look at the daily charts. We had this forming up around What is that? 27th 28 a second of July. Sorry. This is when I posted this So let's take a look at what happened with euro usd since second of July Did we get any progress from this? Okay, and if not what happened Okay, where are we? We were up here when that happened Okay, we had an uptrend Over here and our prices Had a alternative scenario it looked like a downtrend Okay, but the markets didn't reverse it kept coming. Okay. Now we have a miniature movement right now This is a daily chart Tom. Okay, we have a miniature move have happening The lows connected here and if you take a look here in the indicator You have this scenario happening. Okay? It's they're showing it. They're still struggle to turn around now. Here's the thing when most people Look at these opposites or divergence or hidden divergence This is what they see because when they're back testing everything looks beautiful. Okay. It's like when we took that picture Okay, it was a live picture and we took that picture and markets were like that and Everything looks rosy right it looks beautiful that this is the place where I want to go long but the main thing that happens most of the time is This area is where everybody enters for a long Okay, this spot is the ideal spot for most to enter along and If you notice here, you will see a smaller time frame turning on an indicator. Let me show you Okay on a smaller time frame this whole area You will have oversold moments Where all your? Trading systems all your trading strategies all your automated trading systems are looking to buy here Okay, a lot of probability traders with everything becoming Confluence this and that everything mixing up together Ends up meeting around here and they all started going long Okay, once they all start going long obviously they need to be taken out their stops are gonna be below these areas, right? They need to be taken out before they the markets can consider going long again Okay So all these people got taken out the markets moved further lower Okay, no indications of turnaround yet, and we're still waiting on standby So this this this formation is no longer valid because the low is still still ongoing Okay, and it looks like there is no divergence right now Okay, all we're looking at is this miniature movement. So keep that in mind for the upcoming week and a half Okay, now let's take a look at some of the other pairs that we have Okay, you install a Swiss Frank daily chart. Let's take a look Swiss Frank daily chart Do you always wait for stops to be taken out Nathan? Yes. Yes, because if everyone is entering here I mean, it's only a very few times that The retail traders actually get a moment to actually enjoy a trade Okay, most of them get taken out, you know, this is a big boys game most retail traders get taken out. Okay, so Take a look at this one here This is how the markets were standing on USR Swiss Frank on the daily chart Same thing that happened on Euro USD. This is the outlook Okay, now things have changed look at how strong the market started going after this area You see that buying pressure that suddenly start fueling the whole thing. Okay Everybody that's trying to sell here gets immediately taken out really quickly and those who don't have stops are freaking out Okay crossing their fingers and saying come on come on come on Okay Same thing here. The divergence is no longer in play You want to wait once you have your diversions and you see the killing happening look for a formation to happen To tell you that this is it. You can mix and match time frames You can mix and match currency pairs that correlate to see is this the moment Okay, let's take a look at the next pair. So for this one on the miniature scale nothing either So nothing on US dollar Swiss Frank. Let's label this. All right now US dollar Japanese yen Let's see what they have somebody said Aussie dollar Okay, we'll have to take a look at that. I don't have Aussie dollar in the list here, but we'll take a look at that Okay, you saw Japanese yen. We're asking if there was a potential sell coming up. What chart was that? This was on the daily charts, okay, this was still in the making at that time Okay, right here is where we drew that asking that is this a formation We had all-time highs on your indicator was flat Okay, it's not really an opposite, but your indicator was flat Your prices were still lower than your recent highs and your indicator kept rising Telling you that a potential Opposite is happening. So Well, so what happens in scenarios like this? Okay, the market tries to turn This is the area where people start selling when they start noticing. Oh, this is the moment Okay, once they start selling boom Stops needs to be taken out Okay, okay. I don't know. I use the word killing a lot that The stops needs to boat we can use the word stops being hunted So the stops get hunted around here where all the orders are placed Okay People get killed here The market goes sidelined a little bit and then it drops strongly Okay, if it drops strongly, what kind of formation is this for those of you who trade supply and demand? What is this right here? Okay for those of you who are supplying demand areas. This is a supply zone Okay, this is what we call a sell area if the markets turn around retrace So you can see now that okay, it looks like this is the moment the markets are getting ready to go Okay, it gives you a heads up that okay looks like we're going here So let's write this down Okay, the objective is to track everything Remember be prepared. Don't just sit on your charts and be like, hmm. What can I take? Be prepared sort everything out Document it first then wait for it wait for it to unfold Follow it and then see what happens and then document that This is the best way for you to pick up and learn and learn patience. It's very important Alright, so we did us dollar Japanese yen. Let's take a look. What's the next one here that we have in the list? Pound Aussie dollar daily chart. Let's take a look at pound Aussie dollar daily chart Okay, what did we have there on the daily chart? Okay, we had a miniature move You can see right here We had the uptrend and downtrend on the indicator. Okay, let's see how that worked out Okay, looks like this move is done. You had your opposites Not the best area as it's not oversold, but this move was Was on on its way up at that moment Okay It went up tested its recent highs and then it crashed Okay, when it tested a recent highs and it crashed It's also a miniature diversions, which we weren't able to catch but it's there same thing, right? If you connect your highs here Because their last trend was a high going up and you see that on your indicator opposite Markets change direction. Okay now One thing I want to show you guys is that how how do most people treat stuff like this? Let me show you one second. Let's document this Okay, how do most people treat like for example support and resistance? I'm sorry these diversions moments in a live market things are way way different than what you see when you back test or forward test Let me show you what you see in a live market Okay Now take a look here Does everyone see this as an opposite? Do they agree that this is an opposite? Okay. Yes. Yes. Yes. Yes. Okay Most people agree that this is an opposite most gurus and mentors will also say oh, yeah, look at this This is a perfect divergence cell. I told you, you know, like the typical nonsense They do all this stuff, but the reality is when you're trading this live when you're actually trading this live This is what you actually see Let's go back let's scroll back to that area where it hasn't started going up yet The markets are going down Okay, I'm gonna draw my first circle here and draw a horizontal line I'm gonna do the same on my indicator, buddy, and I'm gonna draw My line Okay, I'm gonna move the market forward now One candle at a time has the price Cross the sea this line yet. Let me move the candle one more Okay, it looks like I got my screen got disconnected one second. I'm reopening my webinar just a second. Sorry Okay, okay, okay, can you guys hear me again flamingos? Yeah, sorry my Okay, I got disconnected there for a moment and Let's take a look here now Okay, so back to what we were discussing So now I've forwarded the market a little bit has the price Disconnected I'm sorry has the price crossed that line yet the first circle. Okay. No, right? It hasn't crossed it, but has the price Crossed the indicator. I mean sorry has the ends has the indicator crossed that horizontal line Okay Yes, right So this is the area that most people Want to enter Morning jogging this the area that most people want to enter They see a red candle after that. They're like, this is it. I need to sell now every indicator out there is saying sell It's oversold. Let's go down to a smaller time frame 15 minutes. Let's take a look at that area Where is that area? This is 15th of December. Oh, yeah, here we go Everything is oversold here. Okay, most people want to sell there. That's the ideal area to sell Okay Now if they haven't sold in this area in this area And this would probably be the first area that the selling begins if not here This is this is very rare that you will see that they actually get a chance to ride it with the bigger players Okay, this happens all the time that they will enter the moment. They see something happening on the live market But that's not the situation right when we back test it. It looks quite easy Okay, but in real market always be aware that the moment you see it It does not mean that's the moment you enter. It means wait This is where everyone is entering now Okay, then you wait for the markets to pull up again and Once it pulls up and You start seeing formations Then you get in then you can place your stops if you're a person that places 20 pip stops place 20 Pip stop if you're a 30 pip stop person place 30 pips But the problem is most people enter too too early and then they get stopped out And then they start thinking maybe I need to widen my stops. That's one thought process The other thought process is maybe I don't use stops Okay, but they never think that maybe I'm entering at the wrong place. They just think their stops are wrong Because they're so hard-coded that this is how divergence works and this is the right spot So they start thinking my stops are wrong and then once they remove the stops, you know, their risk becomes so wide It's just ridiculous Okay All right, so let's move forward Okay, did everyone understand that concept of not entering the moment you see it you must wait Okay, good Let's let's proceed to What else did we have from that what we had plotted on July 2nd? Let's see what's running and Okay, so Euro Swiss Frank for our chart. Let's take a look euro Swiss Frank for our charts Okay, what did we have here? This is the first area people are selling here and the markets continued further north. Let's take a look at what happened there Hey, am I missing something here? What time what what day was that? This is second of July Second of July or second of July Now right here right here. This is the area Markets are wait. Why I think I I use this on a different PC. I'm having slight different numbers here I do not see a divergence on this. Oh Yes, I do. Yes. I do. It's right here. Sorry. I think this is the one right here I don't know why I connected further. This is the connection that one needs to be made Yeah, I think this is completely wrong This regard euro Swiss Frank. I've drawn it wrong. I'm sorry about that. It's my fault I don't see euro Swiss Frank the same way as I'm seeing it now for some reason My charts seem to be different in July four hours four hours euro Swiss Frank Euro Swiss Frank. I don't know how this is possible. Sorry. Well, let's leave this one alone for now I don't see where this is Ah, okay here again. Sorry. It's right here This is the area we drew take a look. Okay. Does everyone see this as opposite? Yeah, it's the same. Sorry a little Crazy today, but See, this is what we had drawn on the image Okay, this is what we had drawn on the image And this is what we have on the live market. So remember this area What does most people look at this and they're like, oh, look, it's a possible exhaustion candle sell sell sell sell Because this is the next candle was red. Also, they're like, yes, this is golden Does it sell there? Okay, no, it doesn't sell there It waits to go up To eat these people out again. Those of you who have stops are above the recent highs or anything like that Or at break evens at this point. It goes one more time to do the killing And then it does its turn Okay, and then it does its turn and that turn is where you want to start looking for opportunities to see Is there something is that is there a way I trade? Maybe you guys are using supply and demand. Some of you guys might be using support and resistance Whatever methods you guys are using this is the time you start searching for that not earlier Okay, so divergence is a pretty cool is a pretty cool thing So since we had posted that chart the markets did go short after the killing Let's document that Okay, so do you guys agree it helps to document? Because you guys can see what happened See exactly where people got killed or stopped out and then you guys get to see when it worked out Because then you can start putting your focus is that okay, what am I looking for in these areas? You have a sense of objective now Okay, all right It's a very good tool to add to your system It is not used to trade alone Okay, looking at the next one. We had cad yen daily charts. Where is cad yen? Daily charts Okay, what did we have on cad and let's take a look Okay, big move on cad yen markets Going downwards on price and going flat on the indicator. So let's take a look at that Okay, it was practically flat there and extremely short Here Okay, I believe that was over here July 2nd, right? Yeah, right around here somewhere Again People see this as The area too short Nice red candle. This is the way to go selling Okay, that's the area. We had our picture right before that actually on the green candle before it Okay, this is where we took the picture We took that picture over there Yeah, this is recorded maddie if that's your question Okay, can everyone hear me as is the sound gone or something? Okay. Good. Good. Good Okay, so this is the area that everyone is selling right Market goes up once again to do the killing and now is the area you want to start looking to see Is there something here that I can see that has a potential sell? So now it's the moment to see are we going to sell now? Okay, so keep an eye on that Herdiel This would be for a sell. Let's take a look at The next way Uh ksr. Is it hidden or regular? What doesn't matter? Is it opposite from the indicator just focus on that if it's opposite Then know what it's trying to do. That's all you need to know Okay, try to put your focus away from the words. It really doesn't uh It's like in school. They teach you all these extra additional words sometimes But it's like does the kid actually understand what he's learning or is he just memorizing stuff, you know Uh, we'll take a look at the new zealand dollar as well Um, okay. So let's take a look. This is the one hour chart on ozzie dollar japanese yen on that day july 2nd One hour chart ozzie dollar japanese yen Okay, one hour chart ozzie dollar japanese yen. What did we have? Okay, we were around here. Take a look Right here is where we had This thing Okay, do you guys see the opposite that we had drawn? Uh, sir, dude. Yes, it works with the rsi as well Now when you take a look at this and you compare it to When we had drawn it Don't you think most people when they see this curve happen? They're selling they're like, oh, it's divergent. Of course You see this curve starting to happen This curve is making everybody Every automatic trading system every parabolic czar every support and resistance automated system sell At this point Okay, once that's happening Where are the stops? Well right here? Let the killing begin Once the stops are hunted Then you for those of you who like exhaustions this would give you a heads up saying aha And that's when the market actually goes down. Why does this thing happen? most people think I lose so many times in the forex market It must be I must have bad luck the second type of people is Once they get stopped out and then it goes their way. They're like, oh, of course I knew it was going to go short. I just I just did something wrong. I entered at the wrong place So then they start widening their stops Entering sooner than later. So there's there's this whole different type of mentality that comes in now Now the people who get stopped out and saying I have bad luck Their their answer to this is do the opposite what I'm doing And you will make profit Okay, is doing the opposite a good thing? Okay, if you're thinking that this area is a sell doing the opposite is not a good thing In fact, the larger players want to sell from here Because then they're like they you they want you to come back and say, of course it is a sell I knew that I just entered wrong or I got scared or my stops were too close Okay, if your stops are too close if you're thinking like that and you keep getting stopped out You'll never make it out of the never make it out alive with your risk to reward ratio You'll always be stuck at your same account balance You'll never make 50 60 100 000 in a single month You'll always be stuck up and down around your account balance. Maybe up 50 percent down 50 percent But in that range if you want to break out of that range, you must must must do very high risk to reward trades at all times Okay, which means controlling the area where your stop is if you're doing singular trades If you're doing batches, of course stops are difficult to use Okay, so always remember that concept if you want to get out of this threat race Think like a player All right So Aussie dollar Japanese yen. Let's document this Okay, what bar do you enter the trade in the mean tim? It would be right here Right around here when you see the people getting stopped out and then you see this big wick on top telling that There's pressure coming down to sell support and resistant traders are also looking at this area now. They're like, ah Okay, those of you who are Range traders can also look at this as a range. You're like, oh, it's at the top of the range I should sell from the top of the range Everything that you studied applied A little bit after not before it's to this this area is correct, but too soon This is the ideal area Okay, the first circle is correct, but too soon the second circle Is the ideal area make sense Okay, let's go through the rest quickly Um, and then like I said, make sure all of you guys. Thanks sunshine for volunteering to Assist all of us. She's I think in the room as well Um for helping us with the divergence to keep it running and going I'm going to be posting myself sometimes and you guys all of you guys are welcome to post as well Um So let's take a look at some other pairs Or like a charm Okay. Yeah, so there are you know many many things like this I'm teaching for a lot of our interns and I need them to take over certain certain sectors For example, sunshine is taking over diversions I need some other interns to take over some other sectors such as supply and demand or support and resistance So if you guys have applied, I will definitely come to you guys approach you guys because all the help Is needed and I really want to make this the best community for forex Okay, one hour chart your okayed Let's see. Where's your okayed one hour charts? July 2nd Okay, there we go. I think that's Yeah, right here Boom boom Okay, so when people see this happening Okay, if you want to draw a horizontal line from your first circle Draw it. It'll help you understand Okay, and see Okay, did the indicator ever cross that horizontal line? Okay, no if I don't want a horizontal line here Did the price cross it? Okay, the moment that the price crosses it Bills and whistles go up on traders. They're like, ah diversions. Oh nice. Nice, you know So around here when they see this exhaustion and divergence, they're interested in selling where my arrow is Okay, some people have tight stops and people have loose stuff It goes up more it pushes higher first And then it goes down So do you guys understand why most gurus come out and say divergence works? Well, of course it bloody works if you're going to just look at the back charts and just keep drawing circles and lines What is the reality? Explain that You know, most people cannot explain it because they never experienced it. You need to experience it Okay, if you're telling some other student or some other trader You don't want to look like a fool. You want to be able to tell them what they're going to actually experience when it's live Okay, so always do your research and your homework Uh on stuff like this and document always always document Okay, so this one worked like a charm. Let's document this Okay, let's take a look at the next ones Okay pound new zealand daily chart on july 2nd All right pound new zealand daily charts Daily charts, there we go What did we have on pound using most likely? I was looking at this Yeah, if i'm not mistaken. I was looking at that Oh, that's the other way. Okay. I was looking at the loaves Okay, let's take a look at the loaves This is the area Right here. Let me delete these Okay, the first area that people are interested in going long Okay, did the indicator cross cross the line Okay, yes Draw draw a line like this to see where it crossed because that's the area that people are interested right around here The buying is being interested right now. Okay, they're buying buying buying boom. They get crushed Okay, once they get crushed It goes further down Okay Now that it's gone further down It's starting to look like this When you see an exhaustion you're like, hmm, maybe this is it Well by this point, this is how Your indicator also looks So this one would be considered a no go or a loss Because remember when you're trading in this live, you might not experience this peacefully and calmly as we are now You'll do that only if you do it a couple of times and you get to experience it Okay, so we'll call this a no go or a loss For experience, this would be a no go and for those who are new on this it would be a loss Okay, let's go Check out the next one How long do we wait after divergent to enter the trade? Mike, you want to wait for the markets to to take out your recent highs or lows? Okay, New Zealand dollar Japanese yen daily chart Okay daily chart New Zealand dollar Japanese yen. Let's see what we've got Okay, here we go Markets, we're going along here. Where do I connect this from? I guess somewhere up here going down to here This is where I took the picture Okay, do you guys see opposites? This curve Is what gets people interested it goes up halts curves Selling begins Now this thing has gone north higher now Take a look at the indicator. It's still dropping while prices are rising Those of you who are supplying demand traders This is your zone Right, isn't this your area to sell? Okay, so Stay on top of these things Okay, as far as I recall this should be a supply zone, right? Markets came down strongly halted a little bit went away strongly. Isn't this a Um drop base drop I guess okay, and there if you go to a smaller time frame, you'll see um Much more information in here, but uh Alex. Yes, it is recorded not to worry I'm just going over some uh some recaps this this webinar is going to be every week on divergence We're going to have a weekly webinars for certain topics, you know including pro trading strategy Okay, so this would be your sales on and this tells you that okay This might be it to sell um because of my supply and demand because these people got killed from the divergence Plus is going a little bit higher. It's a daily chart. It's beautiful Okay, let's take a look at uh Some other stuff let's document this Okay, and finally Okay, we've got like 90 people in the room here much more people. I guess they got the email um Did we have anything pending? Aussie dollar one hour chart on uh july 2nd. Let's see what happened to that Where's Aussie dollar? Aussie dollar here One hour charts on july 2nd. Okay What did we see here? What was wrong? Okay, can you guys spot what was wrong here? Uh, Stefan from Netherlands. Um I took a few hours off for this for this. Oh good. Good And and I really appreciate you guys coming to this webinar Um, I that's why I really like to give you guys the best whenever you guys come to these webinars, right? Because most of you guys are taking off your precious times to attend these things. So Um It better be worth it, right? So let's take a look here. What did we have on Aussie dollar on one hour charts that day? This is the 2nd of july On the being this rule will work on gold and crude or only on forks, but this rule works on anything On anything remember the markets are created by larger players, right? It's it's to to control capital to gain capital It's like the stock markets. Why do you why do you list your company on the stock market to raise capital? um DZ Bista. No, I haven't published the book yet. Sorry, uh I've been so busy. I need to really find a ghost writer to help me out Okay, so this is what we're looking at on Aussie dollar There we go Boom. This was a minor move only nothing too strong Markets move down here this move up Makes people say All right, here we go. We want to go long It comes down takes them out And then grinds its way up Okay, but still weak it does go up but weak Okay, too much grinding action Okay, but notice that this is not the area where you buy you must buy after Make sense Let's document this Take care Nathan All right, and finally some of you guys had questions about you guys wanted to take a look at some pairs What pairs you're gonna look at? Um, I'll say I would I'll say yeah, uh time frames you're asking Um, I personally would do four hours daily and weekly Anything below that it becomes too too stressful Keep it on a higher time frame as much as possible. It's nicer. It's smoother. It gives you time to mix it with your other style of trading Okay, okay, so we got gold and euro yen first. Let's take a look at that real quick Gold, where are you mr. Gold? Okay, gold gold gold gold. I just saw it. Okay. Here we go gold Gold you a staller. Okay. What time frame? Let's take a look. Let's take a look that there is anything right now four hours start from four hours Okay, four hours something minor if this thing turns from here looks like we have something Okay, well our indicator has not turned yet so we don't know Daily charts, what do we got on daily nothing on daily weekly It's two sideways on weekly for the indicator. So nothing there as well. Okay, euro yen Euro yen, where are you euro yen? There we go euro yen. Let's start with the four hours and let's work our way What do we have on euro yen the lows? Do we have an opposite for the lows? Yes, no Any opposites there? Okay, no opposites there. What about for the highs? Okay, recent highs We missed out on this one But there was an opposite there Mark has changed direction Okay, okay, so nothing upcoming right now let's take a look at The daily chart for euro yen Upward upward upward upward nothing on the daily chart weekly chart Weekly chart looks like there's going to be some fun Yep There should be some fun coming up in here look for a potential buy in this area Okay, I don't know if you're trading supply and demand support and resistance. Whatever it is Look for whatever opportunities you look for in this area. You'll find it Okay, that's your weekly outlook for euro yen. This is going to take time. It can take up to four weeks Um, let's see. What else we got? What is the other pair that you guys wanted? New Zealand dollar New Zealand dollar four hour. Okay, and then cad yen. Okay. These are the last two pairs I'm going to do and then we'll call it a day. We're we're 10 minutes over by a bit Okay, let me mute this Okay, new zealand dollar four hours and cad yen. Okay, let's take a look at new zealand dollar US dollar New Zealand dollar go. I think I am blind. Okay. Oh, there we go New zealand dollar four hour charts Okay, current market scenario. Okay. What do we have coming up? We have a potential drop coming in and we're seeing that This is the uptrend right now. If I draw my horizontal line Markets don't look like they're going to come near this line anytime soon But if you draw your horizontal line on your indicator, looks like it might get there So watch out for that area Okay, but other than that nothing formed Okay, the next webinar is exactly one week from now daily charts And nothing too smooth there yet weekly charts for a new zealand dollar Uh, nothing really there and I think the last one was cad yen Yes, it was cad yen Okay, start with four hours Okay, cad yen the lows perfect the highs perfect. No nothing has changed no opposites The dailies. Okay. What do we have on the daily? Looks like there's a party coming up on the daily Let's take a look cad yen. This is the same one we looked at on the daily chart. This is what we've had remember So an eye out on cad yen on the daily charts Okay, nvena. I'm traveling. We'll be back on toronto 23rd of july. In fact jogander. I will probably be in toronto september or Probably november between september and november of this year. So Maybe we can catch up get some drinks And go over some trades if you'd like But anyways guys, thank you all for coming in today And for those of you who do not have the app yet go ahead and download our apps. They are free now You can there's two apps available It's on the itunes store One of them is our forecasting which is uh A forex analysis free And then the other one is if you there's a more screen inside if you click on the more screen It'll give you all of our other apps that that we have Okay, and there should be more apps coming out for you guys. So we're doing some we've made some strength Indicators and stuff like that for you guys. So that's going to come out. We have correlation app for you guys Um, so we'll get that all out for you guys and they're all free. They're all free Okay, and yes Don't forget to let sunshine know we all love her for Helping us out and for those of you who do want to help help me out too for managing other Daily updates, please do get in touch with me. We do need your assistance. So Thanks a lot guys have a wonderful day and I will see you guys Exactly one week from now on the same webinar Take care. Bye now