 Okay, hello everyone. Ilan Espel here. Rondefakinosky to meet yourself. There we are. Good. Thanks. Hi everyone. Ilan Espel here. I couldn't do a webcam last week. Today we do a webcam. You see what I look like. Thank you everyone for attending today's webinar. It's quite interesting when the next two are pretty darn interesting if I say so myself. Today's is about how to choose the best trading setups using all the charts. But before we get going, I need to read you a short disclaimer. So all the legal people are happy. So the disclaimer is trading financial products such as CFDs on margin carries a high degree of risk and is not suitable for all investors. Investors can exceed the initial investment. Be sure you fully understand the risks and take the appropriate care to manage your risk. And from me, never trade with money. You can't afford to lose, right? So it's interesting to talk about risk. Next week's webinar is all about risk. And so forget about what the legal people say. Let's actually look at that in reality. Okay. So with that being said, today's presentation is all about how to choose the best trading setups using auto-chartist. Just a quick word about where to get auto-chartist. So if you are in the TICMO website, you go to tools, tool section. And in the tool section, you will find a block that says auto-chartist. You click on that. Once you click on the auto-chartist, then you will get a description of what the product is and you can scroll down through all of that. And then you will have two red buttons, one that says go to auto-chartist and another one that says install the MT4 plugin. And today I'm going to work through the MT4 plugin. So I'm just going to assume that you already have that installed from last week's webinar. You just click on the install button and kind of download something and it walks you through a wizard. It should be pretty easy to get that all going. If not, email us at support at auto-chartist.com. It should be up and running pretty quick. Okay. And then once you're up and running, then you should end up with a metatrader that looks something like this. And the important bit is what I highlighted now, which is the auto-chartist expert advisor. Now, I know it's called an expert advisor. Don't get nervous. It doesn't trade on your behalf. Like most expert advisors do. We called it an expert advisor because we had to use some technology with a metatrader which is only available to expert advisors and not indicators. But when you drag and drop the expert advisor onto your chart, what you're going to get is the auto-chartist market scanner. And in this situation, we in fact also got a trade setup. And I'll talk about that now. So obviously, this is your auto-chartist scanner. As I mentioned in the previous webinar, it only looks for opportunities that are in your... For the instruments in your market watch list. Okay. This is very important. I'd say if you remove instruments in your market watch, you won't get opportunities for those instruments in your auto-chartist plugin. This is important because that should be your first step in filtering for trade setups that you don't want to see. Okay. I know you all want to make money everywhere, but the traders that I've seen have been successful in the market. Our guys had really focused their attention. Sometimes even as narrow as one instrument, I don't recommend that personally. But you should at least be looking at the seven major currency pairs which are highlighted in green in your metatrader platform. And so you should filter it down. You also get better response. And that will, I think, create a better trading experience for you too. And the next thing that I did in the previous webinar, again, if you want to talk about reasoning around it, I unchecked... This is, again, personal preference. I unchecked the technical, the emerging chart patterns and the Fibonacci patterns as well as the M15 and M30 patterns. Okay. I do that because I want to eliminate a lot of market noise and reduce the amount of potential trading opportunities that I have available to me within auto-chartist itself. From down to about two pages of trading opportunities, normally it's at about eight or nine pages by default. Okay. So now we have a kind of workable set of trading opportunities that we can see on auto-chartist. So now really the topic of this conversation today, which is how do you choose the best ones? Okay. And I'm going to give you some guidelines. First things first. As you can see, when you click these view buttons, the chart changes, right? So if I click on this EuroNZD H4, I click it. I expect my chart to change. I think on your side it'll just take a little bit more time for my screen to come through. And there are changes to EuroNZD H4. And you can see the trade setup. And you can see the target region for that trade setup over here. So pretty easy to understand in terms of what auto-chartist thinks. It thinks obviously there's been a breakout through a resistance level and it thinks it's going to go up to that gray box over here. Okay. And these blue lines is something we're going to talk about next week, right? I'm not going to go into today, but next week we're going to go into those quite in depth. That's about market volatility and risk. Okay. So we have all these trading opportunities and which ones are the best ones. Okay. So first thing I want to do is I want to show you is I want you to click on this little world icon. And what you can do is you can actually copy this link at the top, which is the auto-chartist web application. If you copy and paste that into your browser, then you should come up with something that looks like this. Okay. And first thing you'll notice is when you choose your different selection criteria, whether it's CFDs or FX, you will notice that you get a lot more results than you do in your meta trader. The reason for that is because this is unfiltered, right? Have a look at some of these instruments I'm getting. I'm getting Singapore dollar, Hong Kong dollar, all kinds of instruments that I don't have in my watch list or meta. So I don't have them filtered. And what you can do is you can in fact create a new search to create a new set of instruments that you think are relevant to you. So I'm not going to go into that right now, but if you want, you can create your own group. And I'll come back to the search window in just a moment because there's some very, very advanced filters here which you can use, which I use to filter for the best available opportunities and I'll show you that in just a moment. Okay. So the thing I wanted to show you here is a section called performance statistics. And in performance statistics, it's very important for you to read this disclaimer at the top as well because it'll tell you that these performance statistics don't tell you how much money you're going to make using the auto charter system. Okay. What these performance stats tell you is how often certain patterns and setups hit their forecast region, right? So let's go back into our meta trader for just a moment and see what that actually tells us. So if we look at this meta, there's been a breakout on New Zealand Dollar for hourly chart. There's been a breakout. And as you can see, we think that the price is going up to this box over here, right? So the statistics, the performance stats tell us how often would the price move and reach that level, right? And what we do is we give it one pattern length. We call that a pattern length L. We map that onto the end of the chart and that's how much time we give this opportunity to hit this target level over here. So if the target level moves sideways and then up, we still call it a hit, right? If it moves down and away, then obviously that's a bad mark against our name and that's obviously regarded as not hitting the target region. I can tell you that about 70% of patterns that hit their target region hit it within the first 30% of the pattern length. So if I'm looking at this pattern length over here, I'll redraw that and then I'll take 30% of that, maybe something like this size. If the price is going to hit this level, there's a high likelihood it's going to hit it very, very short, shortly after the breakout, okay? So that's just a hint that I'm giving you. So what we see normally is that if it goes there, it goes there relatively quickly, but if it drags its feet, then you should strongly consider managing your risk and closing out the position wherever the price happens to be, even if it's a loss-making trade. And remember, don't be scared of making loss-making trades. And I'll tell you, I was a trader on the Johannesburg Stock Exchange for many years and the professional traders there aimed to make 51% or 52% profitable trades, right? Even the professionals know you can't get 70%, 80%, 90% profitable trades. It's simply impossible. You need to remember it's all a numbers game. The whole idea around trading is not to be perfectly betrayed, but to skew the odds in your favor, right? So when you're doing it over a longer period of time, the odds are skewed in your favor, right? And you can try and beat the market. So don't be scared of closing out positions in loss-making trades. You should just move on. There are plenty of opportunities. Just right now in this situation, even just using the auditized application, you've got a dozen trading opportunities you can potentially trade, right? I don't think you can only trade one at a time. When I trade, I trade four, five, sometimes up to seven positions at a time, right? To manage my risk, because I'll make money on some and use money on others, okay? So again, these stats, getting back to the stats, it's how often the price hits its target region, okay? So let's look what that looks like. Technical chart patterns. These are completed or breakout chart patterns. Over the last six months, this is a rolling window, we've identified around 47,000 and a half thousand technical set-ups, chart pattern set-ups, of which about 31,000 were correct, okay? That means correct, meaning hit their target level. And what we can do here is a breakdown of which patterns have been doing really well over the last six months. So we can see ascending triangle, channel downs, channel ups, descending triangles. A few have done really well, double tops, double bottoms. A few have done badly, folding wedges, flags, pennant, always a really terrible performer or pennant. Rising wedges, triangles have done poorly. The outstanding ones obviously have been head and shoulders, and normally head and shoulders and inverse head and shoulders are really, really outstanding performers. And we also have breakdowns by symbol, direction, interval, et cetera, et cetera. A very, very important one is obviously our day, okay? So this is very interesting because these performance stats over here are based on GMT plus three, okay? Which is the same times as your data feed in Meta. And you can see quite clearly that between 6 a.m. GMT plus three and 3 p.m. GMT plus three, technical chart patterns do really well. Now it's very important to remember why that is. Everything around the theory of support and resistance has to do with market psychology, right? And what do we need to have in order to have market psychology? We need market participants, right? We need liquidity, we need volatility, right? We need a lot of people to be acting in unison in the market to actually have this play out of market psychology. And so you find in general that Pharex, well, anything to do with support and resistance in Pharex does much better, performs much better, or let's say it's more significant during the European session than during the US and Asian sessions. That because there's a lot more market participants in foreign currency markets during those times of day because obviously as you all know, the center of financial trade is not New York, like everyone thinks, but it is in fact London, right? That's where all the settlement happens. That is in fact the center of the financial world certainly from a foreign currency perspective. Okay, so if you're trading the European session, you're already giving yourself an edge on the market by using support and resistance levels, psychological levels to trade, right? So these are for chart patterns. If we look at key levels, which are the horizontal levels within order chartist, and we discussed these before as well, you can see that we identify much fewer of them over the last six months, only 2,200, but the percentage of them that hit their target region is much higher, right, around the 1,600 level. So over 75% on average. And again, you can see that although it does pretty well across the board, you can see that during the European sessions we do really exceptionally well. But again, notice something that the key levels, both the breakout key levels, as well as the approaching key levels are really, really star performers. And that gives us a hint as to which types of trading setups in fact do better than others, right? And what I'm going to show you something here is from my experience, the ones that do really, really well, and not only from a statistical perspective, and I think if you want, you can go into those performance sets and actually make a printout and put them next to your desk, so you can evaluate these. But there is another hint that I can show you within MetaTrader itself, right? So let's just look at all Forex for now. We're not going to filter the instruments. But what I want to show you in the advanced section of the filtering is the ability to select different patterns. Now, although we don't have this feature in MetaTrader plug-in, it is something which we're going to put in soon. But right now, there's a button on here that allows you to select all or deselect all, or trending patterns, or non-trending patterns, or click horizontal patterns. So now, actually, this horizontal patterns thing was a filter criteria that I asked my staff to put in for me because this, from my experience, is the thing that really makes you shine with all the charters. I have found that trading patterns that have at least one horizontal level seems to work much better for me. So it seems as though market psychology, or the markets work a lot more with these horizontal significant levels than they do with these trending support and resistance lines. So in a way, you kind of understand that because intuitively speaking, you have these very important levels. There could be psychological levels. There could be, they're attached again and again and again. There could be very kind of round numbers, right, in the forex market where a lot of the decimal places are zero. So there's quite a bit of theory around why these significant horizontal levels occur again and again in price graphs. And I'm sure when you look at a price graph too, unless you do this for a living every day like I do, it's much clearer to see these horizontal bands of movement than it is to see these trending bands of movement. The other big deal is obviously that trading against the trend is a massive risk. So in fact, if we go back to this example we had before, was it a USD CAD example we had before? If we look at a MetaTrader and we look at this USD CAD example over here, so we had a very strong trend upwards. Let me draw that in. A really, really strong trend upwards and now a movement against the trend, right? So now some people are contrarians. I'll tell you that some people are contrarians, some people believe in the trend as your friend, right? So the truth is that there's no right or wrong answer. Personally, I don't like trading against the trend. I find it quite a risky move. So from my perspective, this kind of opportunity, I would probably not follow this kind of opportunity unless there was a continuation in the breakout. So for example, let me zoom in for just a moment. You'll see there was quite a strong breakout through the support level at this candle. But then the price turned around. And so normally this is one of the reasons I prefer to look at the kind of longer-term time interval. So not H15 or M30, but more the hourly, four-hourly, because I want to give myself enough room to have a confirmation of the breakout. So for example, if this next candle was a downward candle, I'll just kind of color that in, do my best to draw with my mouse. If there was a downward candle, then I would think, okay, there's a possibility that the trend is now reversing from an upward trend. There's some kind of trend reversal to a downward trend. I would potentially trade that. But seeing as there was a strong breakout, but then a reversal, I am not entirely sure whether I would trust myself to continue or to trade this position short over here. So in this situation, I'm not really a contrarian. The second thing though that I want to point out is that this is a rising wedge. And remember what I showed you about the patterns that do really, really well. They're made up of these horizontal patterns. So triangle is not, rising wedge is not, channel is not, triangle is not dependent, isn't rising wedge, isn't folding wedge, isn't channel up, isn't, ah, we have a resistance level. Let's have a look at this Euro-JPY example over here. Can we zoom out a little bit? Or maybe we don't need to? Okay, interesting. Okay, here we go. So all the charts identified an interesting level over here. And let's actually analyze that. So we have an opportunity over here, right? So it touched that point over here. Definitely some interesting consolidation and breakout through that level over here. A bit of consolidation at this level. And again, a touching point at that level over there. So I think Auditorios did a pretty good job of identifying this level as a significant level in this situation resistance, okay? And it also noticed the fact that you can see that the price here, it's great. The price had not yet broken through this level, but has turned around and is moving towards that level over there, okay? So this is quite an interesting opportunity that certainly I would consider taking. So for the purposes of this presentation, let's actually go ahead and place a trade on something like this. So I would go and new order, and I would, let's actually set a very small position. I have $150 in my account. And so now I'm trading long. So, sorry. Cynthia, you mentioned that you can't see the chart. Is that still a problem you're having? I missed that comment. Can everyone see my screen? I hope everyone can see my screen. Potentially, it's a problem just on Cynthia's side. Rhonda, you're on my side. Can you see my screen, okay? Yes, I got your screen fine, Elan. Okay, great. Okay, so maybe Cynthia is having a problem. Okay. All right. If there's anyone else that's having a problem, let us know on the questions panel so that we can try and get that resolved. Okay. So what I've done is I've actually taken, obviously, a long position on neuroJPY. I'm a profusense, I guess, or even in the market at the moment, but that's not the important part. The important part is I need to set a stop loss and take profit. And this is something I'm going to be talking about extensively in the next presentation about how to set stop losses and take profits using auto chargers, using these blue lines. But for now, I want you to show you this kind of opportunity at me trading this kind of opportunity. And again, why did I trade it? I traded it because auto chargers found this resistance level over here. It seems to have disappeared. Oh, here it is. Here it is. It's just showing me the latest pattern. Oh, okay. So what it did, I don't know if everyone can see this, but there's actually two patterns on neuroJPY. There's the triangle and there is the resistance level. So in fact, this is, in fact, really, really interesting. So there's, in fact, two patterns that are telling us to go long on this instrument. So what I can do to actually show both of them, oops, that's the wrong place, I can actually go into the filter window and I can say show me up to two historical patterns on my chart. And then what will happen is that auto chargers should show me both of those. So there you can see the older one, which was identified, the horizontal level, as well as the new triangle that was identified. And this is really, really strong. This is what we call, at auto chargers, a correlating signal. Correlating signal meaning that there is both a horizontal level as well as a tri-pattern, the same thing in the same direction. A very, very powerful signal. You can see that automatically already, I'm already making money on this position. But that's not the important bit, right? So I can actually close my position here. I don't want to do the objective here is not to make money or lose money, but just to show you what can be done. Now there is another way, let me just close that position. There is another way of trading an opportunity such as this, right? Because so this price has not just reached its target level, right, over here. So I might not be a swing trader, right? So swing traders are guys that are trading between the lines, these up and down movements. I might be a trend trader, okay? So a trend trader meaning that I'm looking for confirmation of a breakout. So what I could do to trade this, if I really wanted it, if I was an advanced trader, I could actually choose this level over here. What is that? 13312, okay? And set a buy stop, right? So I could in fact set an order, but a pending order, let me just choose that, a buy stop at 13312, okay? So there's my pending order and now what have I done here? What I've done is I have actually said to my meta trader, I've said, hey, if the price reaches this level, then open a position for long, okay? So that is another way of trading. So if you want confirmation, we might even change that, right? Modify or delete order, we might actually change that to get not only just a touch of that level, but a confirmation. So we could set it at 13320 and 13320, which will give us a breakout and a confirmation of a breakout and then our position would be long in the market, right? So it helps us to be preemptive in the market instead of waiting for these signals to come and then be reactive. We might be on a subway somewhere or the tubes, or we might be picking up the kids from school. Who knows where we're going to be in life when these opportunities come along. So trading these types of emerging opportunities with pending orders is sometimes a very interesting strategy to take. But again, if you're a new trader, you need to watch out to make sure there's a lot of different combinations, right? There's buy stuff, sell stocks, buy limits, sell limits. There's all different types of pending orders. Make sure you choose the right one, right? Because you don't want to make just a paperwork error and then end up losing money because of that, right? So make sure you're aware of what kind of order you're trading, okay? But for the situation, I want to delete that order. This was just a demonstration, obviously, for this presentation. Let's see if there's another interesting trade that we could potentially take. So right now, I'm actually not seeing much more. But we already made some good money right now. So notice how I'm not forcing myself to take positions, right? I am simply allowing the positions to come to me. I don't come to my trader terminal and say, hey, now I'm going to set a position. Open a position. No, that's not what you should be doing. You should be waiting for the opportunities to come to you. Let's look at our Autochonist web application and see what opportunities exist on all the other instruments, okay? So not only on the majors, okay? So there's some more kind of, should we say, obscure opportunities. Once we've filtered for just the horizontal levels, you can see that there's a number of opportunities on the market at the moment, right? So there's an opportunity on a pound Hong Kong dollar on 15 minutes. Here's another one on pound dollar, 15 minutes, right? So very, very short-term opportunities going down. So in fact, if we added those 15-minute chart patterns to our filter meta, we would in fact get this. We expect to get this GBP-USD opportunity. So let's have a look at that. Now, let's go ahead and filter. We'll add in our M15 and M30s. Well, I think M15s should just do it, but we'll add them in. Let's see what we get here because GBP-USD is part of our market watch list, right? And there it is, GBP-USD 15-minute descending triangle. So let's click on that. Okay, here it is, GBP-USD 15-minute triangle. And here it is, let me zoom in just a little bit. Okay, and you can see that because I've set my chart to show historical patterns too, I'm also getting this older falling wedge that was identified a few hours ago as well. Okay, but now we can see, well, let me zoom in even more. We can see that there's an interesting chart pattern that exists over here. Here it is, I zoomed in all the way. And we've got a target level down here and there's a breakout, a confirmation of the breakout. This is a very, very short position, but certainly if we had something like this on an hourly candle or a four-hourly candle, I would definitely trade something like this short. We have a very strong breakout plus a confirmation on the pattern that's made of a horizontal level. This is a short, a potential short position. Let me show you how I would trade this. I would go in new order. I would sell right now and wait for the market to play out. And again, next week's conversation is going to be around how to set market appropriate stop losses to manage these types of positions. Okay, and so the market is moving in our direction and we could potentially take profit around here, a stop loss around the previous turning points or maybe even at this level over here. But anyway, that's a discussion for next week. I'm not going to go into that right now. For now, it looks like we're making good money on this position. We've made another 40 cents, so good. Today we made a dollar. How much did we make? We made about a dollar on our position. So we did quite well. We made almost 1% on our money today, which was pretty good. So I'm happy about that. But the point of today's presentation is obviously not to make money. It's simply to show you the kind of rationale that I go through in terms of which opportunities to take. So let's look at that again. I take longer-term opportunities or opportunities identified on H1, H4 daily. I only took this M15 opportunity because it's a presentation and I want to show you my thought process. I look for opportunities based on horizontal levels. Again, what did that look like? Horizontal levels while you're still learning. You can go into the web app and click on the horizontal patterns. Those will select the ones which are horizontal levels, right? And you can see quite clearly which ones they are. And we don't have that in Meta at the moment at Filter, but it will come in the future. But you will get to know these patterns pretty quickly. And you will notice how within Meta itself, I scanned through my instrument list and I very quickly know the ones that I want to trade and don't want to trade. I kind of just go through them and don't be scared about not trading things. And sometimes you're going to open up your Meta, you're going to open up your audit charters and there's simply not going to be any trade setups, which is okay as well, right? Because there's thousands every week. So you don't have to worry if you happen to turn on your Meta and there isn't a trading opportunity you would trade. You don't really have to worry about that, right? There's always going to be new opportunities coming up. Let the trade come to you. Don't force the trade, right? The last thing, again, just as a reminder is that you might want to look at these performance stats in terms of which ones, which types of patterns perform the best. And again, the hint there is most patterns that are based on horizontal levels, which I discussed before, as well as if you're trading during the European session, that gives you an absolutely massive advantage over the market if you're using support and resistance. So I was like, I'm not talking about moving average strategies or RSIs or Stochastics or anything like that. But if you're talking purely about strategies around levels of support resistance levels, then trading European ours is obviously a very good idea and you'll notice how the stats become really, really good on these key levels, being these horizontal support and resistance levels that I was showing you before. So here's an opportunity on Australia 200, a resistance level. That's something that you could trade India, the Nifty 50. I love saying that. And more on the Nifty. And so there's quite a few. Here's another one on an interesting resistance level on Hong Kong 50 as well. So this is the kind of thinking that you need to go through when you're trading. So I hope I've given you a lot to think about in this presentation. That's been about 30 minutes. I know that everyone's going to start falling asleep now. So I normally try to speak a little faster and get through my presentation in 30 minutes. There haven't been many questions coming through. So maybe I should take a pause and a sip of water and allow you all to think of questions that you might want to ask me at this point in time. Okay, no questions. That means that this was the most amazing presentation ever given. Okay, here we go. Are there more questions coming through? So Geoffrey asked, does it have an EA indicator for you to connect to MT4? So yes, Geoffrey, I'm just showing you the EA right now. If you go to the TICMO website and you click on Tools and then Autochartist, then you will get this web page like this. And if you scroll down a little bit, you'll get a link to install the MT4 plugin. So you can go ahead and install the MT4 plugin. And what you'll get is the Autochartist EA installed on your meta, which you can drag and drop onto your screen. Okay, so no questions coming through. I guess I'll leave you with those last few points again, just to remind you. What I do is filter for higher data intervals, H1, H4, D1, so I can have time to wait for confirmation signals. I don't trade emerging trial patterns for vernature patterns. Look for horizontal levels, right? So patterns made up of horizontal levels. Don't force the trade. Support resistance strategies during the European hours will give you a better chance of being successful because that's when psychology of the market plays out more. There's more market participants. And then to get a more overall view of what's happening in the market, not only on your watch list, open up the Autochartist web app by launching this URL from the MT4 EA, copying and pasting it into your internet browser and looking at a broader perspective on the market, not only on what you have on your market watch list, and then look for those horizontal, the patterns made up of horizontal levels. So Jeffrey, you asked the question which is how much percentage will it be profitable? So I'm not quite sure if you're asking me how much, what percentage it will move or how often it will be profitable. You'll find in general that Autochartist hits its target region around 70% of the time as a kind of overall statistic. But obviously I showed you that varies on the time of day, the instrument, the type of setup, the type of pattern. So there's a whole bunch of variables in there. So I can't tell you exactly how often you'll be correct, but certainly if you pick the right setups, you're certainly skewing the results in your favor. Also, I can't tell you how much money you're going to make. Firstly, because it will be illegal and secondly, I would be lying to you. And anyone in the market, by the way, who tells you is going to make you 100% every month or every year is lying to you. So remember there's a lot of scam artists out there. I can't tell you how much money you're going to make because I don't know what stop strategy you're going to be using. So for example, some people use fixed stop loss strategies. Some people use trading stop loss strategies. Some people use parabolic SARs for stop losses. There's different types of exit strategies. So that also influences how much money you could potentially make or lose in trading FX or any financial instrument actually. So it's a bit of an open-ended question. Okay, so Cibonello, I hope I pronounced that correctly. How do you set up order charts in MT4? Again, you download, you click on this install MT4 button from the website. It will download a little installation program for you. You just run that installation program and kind of click next, next, next, next, next, next. And then you will have this order chart as EA on your meta. And what you do is you drag and drop it onto your meta and it takes a few moments to kind of talk to our servers and then it pops up with the results. Okay, so Jeffrey again asked which is your favorite setup, the highest probability. Okay, so my favorite setups, again Jeffrey, I did say this already. My favorite setups are the ones on H1 and higher based on horizontal levels. Okay, those are my favorite setups. So the ones that I look for are up. And then I evaluate them obviously for other things as well. But my favorite setups, you have to find your method. Some people add a moving average. I want to see if there's a breakout trader that added a moving average to see if they're pointing in the same direction. Some people trade swing traders and they would add an RSI or a stochastic to see if the market's overbought and oversold. So there is your strategy. I can't tell you what your strategy is going to be. If you want someone to just give you a strategy, then you should be going and putting your money with a fund manager. The reason you're listening to this presentation is that you can actually learn and build your own trading strategy around some of the tools that your broker is giving you. Certainly I can tell you that I've been trading for over 15 years and I have done pretty well using theory of support resistance. You don't even have to use the auto-chartist application if you don't want to. Some people draw lines manually. They would actually draw lines themselves like I'm doing right now and trade the markets themselves. They don't have to use auto-chartist. Auto-chartist is just a tool to simplify the process of identifying these trade setups. If you don't want to use it, you obviously don't have to use it. In general, what we're talking about here is the theory of support resistance rather than auto-chartist itself. Auto-chartist is just a brand, but really it's just an automation of existing support and resistance theory. So Mukitzi, I think I've pronounced that correctly. And Rudolph, yes, these webinars are available for download. You should contact your broker and just ask them where to get the recordings. But I'm going to finish off now. My time has come to an end. You must all attend next week's webinar because it is about market volatility and setting stop-loss and take-profit levels. It's something that everyone ignores, and it's probably the most important part of a trading strategy. So Cynthia, that's a great question. Cynthia, you just asked, does it give a take-profit or do you have to place it on the next support and resistance level? So Cynthia, we are going to talk about that next week. I need you to come to next week's webinar where we're going to talk about exit strategies, both take-profits and stop-losses. Please come to next week's webinar. It's going to be very interesting. That's my relief tool at the end. So please come to next week's webinar to join us about how to set exit levels. And with that, I love you and leave you. I hope you enjoy the rest of your day or evening, wherever you are in the world. And we'll see you soon. Bye-bye.