 Good morning, everybody. Welcome back to another stream. Hopefully you guys are doing great Without further ado, let's get started The essay pretty much a down day perfect Just yeah, that's it man. Just a perfect day man. Nothing more to say We'll go over it. We'll see what happens for a book map and we can carry on for today. We'll see what happens You where we can maybe get some reprieve so yesterday we talked about how potentially going up and there's potentially Horses to come out and be up to here But our first sort of point would be this point here Which end up just stopping out here as you can see just pointing in and then It just rejected itself all the way down and just continued to know it looked back from there on out Give a nice little three taps at the high Collecting these sort of long so you can see if we just zoom into this area and just focus on Damn Just focus on this you can see just how how much it just sort of comes in correct itself That's why I'm a bit antsy a little bit of a wall out You can see then this one as soon as it comes out. It just said, okay, we're done collecting now everyone everyone that we wanted To be long is long let's sort of drag this bucket down like the undertakers we are and As soon as they do that everyone now is hurling So much pain Yeah, we basically finally come down and we finally reached the place. We've been sort of looking after I think a long time now just as a point of Reference just saying, okay, cool. There's a potential to look down and sort of come down into this area So I mean we even have a bit of a buffer where we can sort of come down a bit lower and then sort of Actually sort of a hold in and then try and hit out into this area here So that's that's something that you want to make you maybe look out for this. There's this area maybe to look for in terms of downside, I Mean this is on a slow track trajectory down. It's what we wanted We'll see if we can get it a bit lower again. I just all depends on how they How they do the claiming and if they go for a second swipe down to Liquidate just the new lungs that I entered in on that sort of second first swing up. I feel so sick man Like vomiting. I don't know man. I just don't feel good today Yes, pretty much coming back down to where he wants it. I mean it is just that where it comes in gives you a nice little double top and This area where we looked at yesterday was face Where we said, okay, cool. They're just coming in here collecting lungs. There's your first resistance and your only hope is if it sort of bounces here and look strong above here, but Is it really sad a chart so you can see that? Just sort of nail in the coffin back down always here And you can see that even though we came down we came down to swipe this once You see that here a nice little stop on already of this range Middle of this sort of area here Are we back up? I think we can potentially ask for that It's some Maybe with some sort of no, yeah with some impunity we can potentially ask We can look for this as a point and say, oh, yeah, we there's this a possibility this can go into high backup and reclaiming Areas Gold is up and I know just up from the day They're just playing with a weekly who talks about That's how we looked at gold We talked about how yeah, the slow climb up. It's just something that falls and And there you go. It fell nicely but it's now on this area where we have to look at reject this point here and just come in and Get look weak here. If it doesn't look weak here again, no reason to be in that show to one that come down a bit lower, so Again, it's something to look out for something to sort of be cognizant of Walls trading gold But there's not really too much to it. I look at that theorem again I Put you back down to the next level of Support Nothing more to say here Looks like a nice little pendant that people trade short. So maybe wait for the break down And to here take out these stops nice little raid then Return I think that there's probably what most people will be looking for in terms of retail traders They'll probably looking for they'll probably look to sort of watch the breakout because they missed the short They say, oh, yeah, look, there's this here They missed it here Like this thing like oh, yeah, we missed it there. It just went too high We just didn't really look at that then they see this that okay cool with that short here when it soon as it breaks That's what you're looking for since the breaks to hit that short you're looking for that those people to show into these Log stops and get absorbed and reclaimed then after that potential rise back up to this area here I mean it's something to look out for as a possibility and I think that will probably be one of your stronger possibilities The another possibility again a weaker one will probably be if it end up going high and we end up taking out the shorts Here are that we go lower In the first movies usually something that you can look to counteract anything that goes for most things In and most times you can just eat blindly just not blindly, but Smartly so counteract it and say, oh, no, yeah It's definitely going going back into this range and bloody blah and so on I mean look at it today Good because pretty much the same Just look at is creating that little pendant for itself people sort of break into Let's look we see where we have our walls again nice little thick wall here Just coming out just a single entity coming in here You can see how spotty he's been and how willing he's been to have his bit entered or oh and showing for one Something that you want to be mindful of as you can see all this sort of liquidation so Not really new shorts and and that's something that you want to know and you can see that through The speed at which this is moving you can see it does a fast-moving sort of tape You can see that fast moving tapes alone really time people got We're able to enter sort of in short here We'll probably be here, but this is a place like where if these guys are not out yet in profit and Have a weird taking profit. It's something that They will have to be above to be bullish essentially So again, just looking at a steady decline. It's just something that we'll probably smack into as soon as we smack into this area here grab some stops and We can pretty much call it a day and and then look for it to at least try and find it sort of wings back up and I think that's pretty much what we're looking for and Essentially That's what you should be sort of aiming for for today is Looking for this to come range bound and then find it Roof up here smack them morning Good mark But yeah other than that considering both Bitcoin and Ethereum are looking to do that. It's pretty nice I mean ES is looks like it's pretty much ahead of the ballgame there's something that Maybe you want to take in mind where you might just drag it up But it could go for a nice little triple wait for a nice little sort of Three swipes one two three four driving up. So again, it's it's got it's got leg room to move and and so on Hi, uh, this nearly a hundred fifty yard fun hasn't cut it. It's different since they need it Damn Uh Markets are stuck. It's evidence and says this session that in which early games were met closing losses I mean, yeah, market has been moving, but It's not really a losing market. You just have to be smart I was just short the bloody market man There wasn't really rhyme or reason to it Price action Price action what do you what do you mean rhyme or reason that doesn't need to be it's just look a lot of people who are long I put a lot of people entered long here So we needed to go down to take out those long. So a lot of people started entering short here Okay, now we need to sort of come in here And then you can see this Like there you go like we should we showed you like this is the liquidations how fast this is moving There's no way they move this tape this fast was actual real orders Is it's a majority of it's just long liquidations and you can see they place the stops here and again The only place they really got to enter was pretty much here Because you can see that's tape just not a gift bought and again just Cascade of liquidations That just shows you those a lot of vested lungs and we know there was long as you can see there's lungs here There's longs here There's there's a longs here, and that's all I really care to say cuz previous of longs that have already been taken out some point There's always rhyme and reason to everything Market doesn't really randomly on country to belief Valley gal Guilford the Edinburgh, Scotland based head fund manager the best known for tech sector investments Number it's the number nine institutional shareholder in Tesla I mean, I don't I don't think Tesla's Tesla's achievement you want to brag about You sure any assets yesterday? Did I reshot? Yes, they opened any new shorts. No They continued the short start was in yes Don't need to be in it. Do I need to be in sure anything? No I mean yesterday we talked about how spike high as you can see just closed here That's your clothes here, and there's your nail in the coffin man That's your nail in the coffin there from there and out you're vindicated in being in a short It just couldn't break this volume. It just said okay. This is where people institution collecting short as an institution base behavior. This is Trying to get retail so it's a nice little retail trap, but they're closing here So you see institutional short and why would not want to be in position of an institutional short? I'll tell you I can explain it another way Sort of Maybe most retail people understand Here's a flag and the first point that broke out there you go It's here. So people trade flags and bear flags as a short Hey, they're short here. So they get right out here They long here they break out long here, and they get run down. Oh, no, I should have listened this flag works The retail pattern works But when they themselves would have been long here, and I'm not sure here And and using proxies. Oh, yeah, it works Then why do you not use it because it doesn't work all the time so you can't trust it But no, yeah, you can you just see that long clothes here You can go back yesterday and just Watch watch that watch that recording and just say, oh, yeah, the last off if it closes here. It's pretty much done That's that was yes a sentiment and it did nice and simple What I liked if it went a bit higher, but again, what are you gonna do? It was through and through sort of just yeah, did you want to collect all these shorts? Here's these walls as soon didn't even clear it pushing down. This is a hundred percent You made me laugh Sorry, I need that I You know how's he been doing because I haven't heard his name in a really long time Hey, is he still alive? I Mean I've been just sort of out of it. Here's that I'm again. There you go. Nice double top Don't know why you'd not have shorted that yesterday Again coming back down. It's again. It just looks like it seems to be ahead of the curve You know, you want it to hit into one of these and continue lower And then that's pretty much all I really want from it Emptying I think yeah, I think everything was a short yesterday and that was just I mean saying that as you can see you say that there was a box There was that hi hi, I mean you can see that was a short from way back here It sort of held its own here. But again, there's your volume resistance that's coming in here And they just didn't even touch it just said I know I'm too scared. It just came in for that little one and There you go. There's there would be where your trap longs would be But again, just didn't release those trap longs just said, you know what goodbye Again, he's got some breath in it. We'll see if it hits into one of these just muck out these resistant walls and you're and you're pretty much Good in good standings. I don't know. I just don't don't do that I don't think you guys listen. That's the thing. That's the problem. I Don't know. I have been wrong what in the last 30 days maybe once or twice That's that's good. Is it not? On stream have I been wrong? I know I've been like wrong once a test in real life But I don't know if I can stream I said those things because I do stupid things when I'm not on stream funny, right Coming down slowly I mean he's stuck at these stops again. It's it's pretty much the same old same odds It's got a nice little sort of rear end here I mean people who traded this would have trade again trade along here holds on but is you looking for maybe If it spikes how you're going lower if it spikes low you're going higher at some point It's just reclaiming things Ah Again, mr. Higher bound not really too fast from here came in you can see that and Pinned itself under that would have been a nice short here again, but get it just didn't work out too long You can see how it just finds finds it's funny. Just nice little stuff on almost completes this Will I liked it if it completed it a lot more you could have been baited in breath and just waited for this But again, just didn't come around just said goodbye Now it's back down to here I think it's nice nicely out steam nice little game and then all whatever you want to call it We'll see if it goes down this year month levels are really important level to hold So I'll just keep that in mind when looking at this to Find an entry if it's looking to hold monthly. You're looking to support it That's it then these are all the levels that you probably want to mark out or have I have marked out Nothing more to say anything else you guys want to look at That's interesting to you guys just just hallow me Some CR one You know, I'll finally find it's put back find a family's voice Good along for it to find its voice for a while now After sort of that abysmal so I mean not abysmal But after that's on really nice performers coming out from it and finding some things that support that we talked about here There you go. Just coming under just trapping volume under before pulling it up and Then honey itself finally here and again just reversing this again nice little nice little flip You can see where it flips it here And then off it goes Finding support here nice little retest could see and continue up fire That day I am in underwater long need 22 K to hit Ah 22 K that is that where you entered long into that's pretty much a truck where you're trying to catch a knife Possibility of doing that before going lower It's tough and because I think it would ideally look to run out long before it goes higher So the best advice I could probably give is Just kind of lost at some point probably out here if it hits it hits it don't look to re-enter just take a break for a bit and Look to re-enter in the market when you get confirmation of something like a double bottom or so on Cuz it's if it if it does this it's If it swings itself low, I don't know how low it's gonna go Most likely it's gonna go low into this wall, but it could spread its sort of wings a bit lower Where again, there's there's that 12 400 nice I don't know if it's gonna be too nice. It's pretty short bias. So you're not too Wrong to be no long, but it's just It's just more about where your liquidation point is and how much you'd lose if it gets hit it's only five X. Oh Yeah, I mean that's that's it. I mean if you cut it under So if it goes any sort of lower than this start cutting it under but and I think if you're fine with sort of if worst-case this being 22 I mean 21 to 50 I think you cut it under just under there if you're fine with like maximum just around there then You should be fine in sort of saying something like this at least to 22 500, but It's not something I normally would come down, but if you're trying to get out of a position Yeah Yeah, I don't need to take a break when my brain feels my brain is fine after I can close And That's something where that's where most of you the losses come in when you can't accept them When you can't accept a small less early it starts snowboarding and snowboarding and snowboarding until it becomes a bigger loss Then it becomes like no No What one more hundred thousand one more ten thousand to one? Just another ten thousand here. I'll see for this another hundred thousand. Oh, no No, don't go any lower and you start and you start and you start crying Don't worry, we've all been there. It's just a learning curve. It's just matter of just saying okay cool It's been wrong. Let's just cut it. Where am I wrong? What point do I get proven wrong and? It hit my entries overnight There's another thing if you're awake at US times, there's no need for the most times being overnight entry I Don't use all the night entries Mainly because number one. I don't really sleep much to begin with probably sleep about four hours a day number two, I don't like anything. I can't control so It's just it's just safer and you can see when markets are gonna move either In Asia or not if they moved in New York and here you got the New York movement, so they're not really gonna move in Asia I mean I Can take this loss, but I'm just wondering about possibilities of a pump. Yeah, it's just a pretty generous I wouldn't say a pump but a retracement back up, but it's it's pretty you you'll see 22k At the very least you can either break even or you can see it push up if it swipes low for If it goes like this way it goes down hits Hits this wall here then comes back up gives you a nice little double bottom That's what I mean you can just re-enter then be safe and and probably make your money back and then some if you do that Now that's the thing what most people don't understand is you can make them if you cut a loss early You can make your money back a lot faster than if you sit in a loss But if it does this and it goes high, then you'll go low like this. It might go. It'll just tank itself But I don't think there's much in the way of news today That's a killer lie There you go Just Canada again, we don't we ignore anything. That's kind of Canadian. We don't care about it 10 o'clock Yeah, like I said 10 o'clock looks like it's a big big time other than that you got 12 30 So you're looking for movements at these times. So there you go The 10 a.m. EST wherever that is in 12. There's just mark that out We always look at 10 o'clock 10 o'clock is always our time But usually it's 12, but now it's 12 30 we look out for just because there's someone speaking Because midday there's usually something the markets from Just from experience No, we get It's just if there's nothing going on. There's usually some some sort of change happening at 12 just because Markets pretty lazy to begin with Thing why not? Our day Okay, and if you look at that you can see that this is not EST EST would be If you look at the yeah Once minus six yeah 16 yeah, you can look at that you can see a midday usually this is pretty much Yeah, yeah, it would be but you can see what you can see that is Historically it has been sort of a loser for it and you can see just how they oh, there we go. There's yeah That's you how Waiting at 21. Yeah cool Yeah, it's good to play you can see that this is a time now. I eat you Eight o'clock. He is converted to EST. Why is everything confusing me? Just for the sake of course This is not the time now It's not eight o'clock my time and you can see it's 14 But yeah, you can see where normally builds up to its loss again 16 There's another one that's market close and there's your 13 as well 1300 and 12 o'clock midday. There's usually a slump. Okay, so opening Or where you get your news release. So this is news News midday slump and close You can see that everything else 50 50 but below 50 in the major sort of lower percentage And and and so on. Oh, yeah, like you can see that 10 o'clock 2% winners Let's see It's just artifacting is it not if you start filtering out The market crash. Yeah, you go to August 18 10 Connected to some of the data but still sort of holds set to sort of some level of truth. You can see that here Pretty much, uh, I think they convert to the ST, which is interesting But pretty much just you can see that the major times rare. It's it's sort of It's a losing or if it's if it's winning it's losing if it's losing it's winning Pretty much go more and go more But it's this is why like I hop on about. Oh, yeah, the certain times to trade the certain times to look at things I mean Mid days of slump everything's done because of statistics and not because of some Some pattern, but I mean it is it is pattern as essentially it's It's uh, it would be confirmation bias. Uh, god damn where you're 80% winning. Whoo Jesus This is the week of the year apparently we do really good this week. They're really good next week, but just Why don't know what happens on the eighth week? Oh, no Oh, no That's scary And we never win on the 14th week Oh damn Like seriously Like let me filter in more data set Yeah, let me finish it as much as I can there we go This is all the way from 2019 until 2023 so five years decent amount of data so look at There's a time to party in the time to rest exactly exactly You don't need to always be looking at the charts as long as you're looking at it at the most important time you're fine But yeah, if you want to know which months to trade which week you want to bundle the charts which week you want to take a Mental break you can take it here. You can take it here. You can take it here and so on But you don't want to Seriously, that's crazy That's crazy Okay, enough looking at a sort of date data Uh Data data Whatever you want to call it. I don't really care. You guys can argue Uh, this hasn't won this hasn't won numbers to crunch See even even if we go all the way that's 2018 What is it about the eighth week just just says no not today No 36 as well Another multiple of eight And you said no no not today, man Uh, I'll see you later Oh, this is just they don't they don't want it They're just not hungry for it month of the year. September just looks bad Open close In batch out the day you can see that again even looking back for 2017 1600 that it's just it's just pretty plain and simple Where it finds its uh where it finds its footing and where it doesn't There there isn't much to it Uh, I don't think they have it for yes. I actually wait they do Uh again eight o'clock It's eight Midday one o'clock in a bit of a tea. It's hard looks like they come in a bit early for this And then sort of closing. I mean it doesn't really close you can switch especially on chest, but Times are pretty much the same where you look at it does shift Depending on the news and this is the only time you want to shift your midday. It's like, okay, let's move a bit forward Let's move a bit back. Oh look someone's speaking at 4 p.m. So someone's gonna speak at close So we basically have three points to look at so Uh, whatever this does here go her whatever does 1240 we go here and whatever does like we're looking for three points trade today So we're most likely either get a double bottom or a push down high, but Maybe should look good There isn't more to add today unless you guys want, uh, your own sort of things charted Other than that, it just looks like a pretty, uh Carton drag carton dry day Is that the expression? Yeah, I think the actual expression eludes me but Looks like a If oh god, damn not this not this again. Yeah, we've got an ether. You probably missed it Ace pretty much the same sentiment as bitcoin. Uh, it's it's just looking at being a pendant It's like it's like it's like shining bright. It's it's more so it wants to run under see if he gets these stops here Does it raid as soon as it introduced shorts into the market look for it to reverse it here? that's sort of Plan one and that's sort of where my bias mostly lies plan two if it pops high first Pops his head. You're dropping it and and just simple again Just looking to counteract the pretty much the first move that comes out this market after most part You can look for you can look and wait for a double bottom, but for most part you're just You're just uh looking at a And waiting for a raid on these stops here Once you get that you're sort of pretty pretty sort of happy to sort of say Uh, you'll probably get shorts entering into the market And longs x thing for this sort of uh first sort of swing high That's pretty much it Do you have your resistant numbers here? I mean Not sure I can zoom in Can I zoom in I can know these numbers still say small but It's 16 50 15 8 8 5 and 15 7 5 So it looks like a 10-bit buffer uh from these two area here but It's decent And there isn't more more to add that deviate from bitcoin You can see how just crazy short they're going they have to sort of break this into here And it's not liquidations that's causing this again. It's just a steady sort of onslaught of Of sort of shorts entering in and being absorbed. You can see how fast this is moving It's moving from here to here You let's see that and recontextualize that let's say from here to here We've got this movement here, but we're getting this movement here You can see that it's pretty much half the sort of point that we're moving Uh, but essentially we are getting a lot more out of it just Just base and and and this is just based on sort of Looking at that you can tell there's absorption going on and and that's pretty much simple As that so you can see that people are collecting lungs So maybe they are willing to take these tops out and the market makers are willing always willing to do that Like if they're in a long they'll they have enough liquidity to say, okay, let's drop it a bit more see if You've can let let get blood out these stones Then they will just move the market In the direction they want after that But there isn't too much to it Uh, and that's pretty much it uh anything else you guys want again just leave Leave the question Dead until next week. Yeah easy I'm probably going to be dead until next year. Uh, I'm joking. Uh, no, thank you guys so much for coming Hopefully you guys enjoyed it. Uh, hopefully you guys found it informational Uh, don't forget to like subscribe at all that jazz. I don't I don't really care But have a lovely day trade safe and I will catch you guys next week. Peace