 hello hello hello guys welcome back to another stream hopefully you guys are doing great so let's get started we have to cover monday and friday as well in this monday stream but not much to cover monday as everything was pretty quiet uh moving front just sort of stayed within range so mondays high came in asia here low came in new york there's our mondays range we're trading around 50 mark here grab that up here go from there already pinned to it full stream opened now sort of already looking towards going down on the friday we talked about how we're looking for the higher around 10 looks like it came down back up eject it here and proceeded to eject it continuously and that is every bar was sort of under the previous as you can see from there this is where you'd ideally like to get an entry at this because uh i mean next block of easy transformed continuation this was more of a secure sort of entry i mean unless you've got it up here but again getting up here sort of uh if yet best easy being blown out because we're talking about the possibility of either collecting a lot more here or taking out the high here because there's always that possibility uh of of it doing that and the same thing with this how this came back down into the support here so it came back down into this area of support and sort of bounce so it had its own bounce ejected this came back down came under shifted and as people tried to grab the long break here you're just trying to counteract that understanding that okay it's not really something you'd want to go long into it's something you'd more or less uh be happy to tell short and continue downwards that continued saturday which sort of traded a lot again look at this as point of view from retail retail sees this they see okay central continuation they see the break they see how it trades low special ink here here here and you're sort of trying to reverse that and again same time here around just sort of ten o'clock in the morning new york time trades up trades back down supports itself here up it goes leading into the sat sunday and again this could have happened here and that's why in instances like this where you get this you could always have minds that maybe you get a super high like this or you get something like ended up getting which was a further sort of confirmation later on because again until sort of this prince was still up in the air in terms of trying to go in and take out a high essentially so you always got to be wary for that and sunday again just trading at low beats out the gap here and from there you understand that okay looking at this and saying just filled out perfectly all of this sort of empty sort of gap trades into here after that just slowly makes its way down and also trades back into here so again same time around the same time sort of quote unquote new york sort of session of the time new york would be awake get a nice little w here stripes at the bottom twice the closes came in very nice and sort of controlled and then you get one final push up and one final pin at sort of the asia session on monday creating the high of the day for the monday and sort of completely sort of face rolling itself down again you could have missed that then coming in from london gain exact sort of same time 10 o'clock got that nice little high forming and then we also get nice little cluster here where it sort of trips out of people that are trying to go along then face rolls itself and steam rolls down giving you a nice continuation of a triple bottom it comes again this is more of an easier sort of trade as you're rejecting the daily imbalance here so you're already rejecting this and you're written this on the low side so you're looking at this and saying okay that's nice and easy we're already coming out a high so that's one commission they're rejecting another daily imbalance there's another and only sort of logical conclusion here would be sort of rejecting it and going down after sort of coming in and making everyone in on open go long on this so everyone's going along on the open now they're sort of regretting that instantly then finally they're probably shorting on the break here and then it reverses back on them still very controlled in the sense that they just came in and just completed this here other than that they really didn't have too much sort of vested interest in going high you can see where the pins came into this one falling short this one sort of touching and sort of completing itself nicely here continuing itself down and you can see that there's your rejection and there's I mean from here potential sort of to continue negative for the day again early early sort of morning early sort of days so we sort of look at this and just say okay what can generally happen from here see if there's anything to sort of feed our frenzy consumer confidence guess other than that nothing sort of too much nothing coming out 8 30 so nothing sort of too stellar from that front we'll scroll down look at Wednesday for good at 30 other than that just a couple of just unrelated not very effective in terms of market moving news then GDP growth rate coming in Thursday so it looks like Thursdays are more important sort of time scrolling down we've got to look at Friday and France inflation German 4am looks like it's going to be pretty big for us on Friday a lot of personal income very big so it looks like Thursday and Friday are going to be our sort of main days to sort of see a lot more volume or movement coming out from the market so having tapered our expectations for for this week we now sort of expect uh any sort of false trend to sort of build up prior to that Thursday and Friday newsday or day to day and if you sort of look at the build up as we're getting again like I said there was that show that we talked about on that on that New York where people saw the break and they started shorting it right at the bottom and then instantly sort of punished for shorting it we also talked about the continual build up of this uh going short coming out from uh sort of last week so we've got a look for a opportunity to clear out uh some of these short as uh I mean again if we can build it up up until Thursday we'll probably see explode the other way but if it sort of tries reverse and tries sort of re-ending it here where so you got these shorts here I mean some of these guys got cleared out on this swing here you can see the slow build up long so maybe one sort of swipe to clear out some more bats and then try clear out all these longs that all the shorts rather that boom builds up from the slow sort of turning uh of that move down could could be an explosive sort of Thursday uh considering I mean looking at where we have been coming in and sort of by the time you can see as soon as it sort of breaks they sort of taper away so you know they've got long straps here we've already seen that in book map and we know that here's where we've got short straps so if we break below here we're either looking to trap more shorts then try reverse it and maybe even hit out above this which would be there stop on on the weekly high and from there again I know we've been looking for lower for a really long time I mean ever since we sort of last week we're up here uh even the week before so up here we're looking for a price to try and at least come down here the best case scenario will be trying to revisit this area here because right now we're just at the lower area here which again was our sort of intermediary stop that we sort of looked for but since we're already here we might as well look for that greedy player and look for 24 500 good morning how you doing man already rejecting this so you might sort of hear already saying okay Tuesday continues down takes out a low and again because because of Monday and Tuesday just building out the entire week we may look for it to then expand much further Wednesday comes in does the same thing again we're not really looking for Wednesdays to reverse the weekly trend this week we're more looking for Thursday and Friday because that's where we have our news focus days uh so it'll be purely pricey action based today for those two days and considering that it's more leaned towards clearing out longs and on the nipples so we've got a look for it to sort of first go down before considering a potential sort of high just sort of correct against all of this short we don't want to continually go down because we see these shorts I mean they got cleared out somewhere here these guys got cleared out somewhere here so our current sort of inventory short term is sort of heavy on the long so short term is potentially looking for it to at least swipe on the New York range down and maybe even come back and touch on that work here so you got a look for that as a first sort of point before considering going and targeting the shorts that may have been left over from every sort of consecutive swipe after a push down so every sort of push down here we always got an appropriate response of longs and liquidations so it's safe to say if not half of these shorts have been sort of cleared out maybe even a bit more uh so our current sort of consensus is there's more longs that are readily available to take out than they are short but that does not mean that there is no shorts in the market you sort of look at where our supports are at you'll see nice little rejection on the daily resistance that we had coming in from the really large sort of spike you're already sort of peeling down our next sort of support again was at this four hour which we already met and then all the way down at that for a 24 400 24 500 area here cleaning some dirt in my life so tomorrow i'm going to start a new man that's always good see i always i always don't i always hate the fact that people waited for new years to create resolutions you can create resolutions any day of the week you don't need a new year to change let's call it a new day start anyone waiting for new years is just saying mañana mañana and as the saying goes tomorrow never comes you're serious about change you'll change it well as soon as you can nice little bounce on here i mean you can see that's where the split is and you know that above here is longs on these each one of these sort of tops as longs each one of these bottoms is where we have shorts ideally looking to target around this low here again Thursday i mean Tuesday rather is a continuation of monday and it develops our weekly sort of range in rare cases in some cases it just becomes essentially a trade inside but it doesn't change too much but this is sort of where first box is monday second box is monday and tuesday as you can see tuesday essentially just swiping up above the monday's high and trading down and they also did it on the low as well so you can see that it's a nice little sort of marker where not just considering monday but also considering the tuesday as a follow-up in case you have a in case you have what you call it a continuation where they needed an extra day to set up essentially that's what we're counting for and that's the whole argument of looking at both monday and the tuesday because sometimes monday will be fine and you would not need anything else but some days some weeks rather you do need that monday and tuesday because you needed that extra day here you then say okay it's stop hunted the weekly range here rather than stop hunting the weekly range here where you might be saying oh yeah it just retested this and everything looks great there's no need to worry it looks bullish but in hindsight you you then look at it oh no it just faded it but then if you count that as this being the actual week where they needed the extra day to extend a play you can see that extended the play then the thursday came in so oh that looks like friday friday came in stop planted high gave you a nice little bearish point here fades back down traps everyone along here and continues back down again it's all about just trying to look at past data inserting a sort of uh bias based on that again it was yeah friday there you go people came and went they said oh no it's just trading here it's just retested the high and again they would have been sort of bullish here ignoring the fact that the weekly range is here rather than being here that's enough of laughing hopefully you guys have got that now pinning out high uh doesn't look like it's gonna be too bearish i mean we're already creating this sort of high here so we're already looking to fade it but we're just targeting low so depending on how far they target again we're swiping on lows we're looking to reverse it back anyhow swiping on highs we're looking to go down but unless we set it up like this we're not really looking for a continuation at least on tuesday to be super aggressive without retest i mean what might end up happening is we go down start building too much short need to reverse it if we fall below here then we can see that as a potential fade back down lower if not it'll probably try and reach for higher grounds because again our only purpose of going down is just to clear out the sort of short term longs that sort of shortstop longs that would have been easy sort of attainable as long as we just sort of hit irrelevant or early early sort of pivot because i don't think these guys would have been uh entering in with very wide stops in here probably but the more we sort of come into the more tight these stops end up becoming and then these new guys here will have their stops much uh much closer or further so in or in between this and this so further than this but closer than this so it'll be a very easy hit sort of look at uh the state of uh the traditional markets see if there's anything that's affecting that uh pretty much consolidating i mean nothing sort of too uh spectacular uh i mean we've got that pin last week i mean got that here as well so it's just a little triple top for us training back down to sort of this even grounds here essentially don't do it here as you can see just turning back down just coming back to here filling out all these gaps taking out these bottom so this is more short than it is long uh again it can still sort of swipe down just to sort of grab as much as we can but generally if it goes up we're just looking for it to at least sort of just trade to this area here maybe just above if it wants to grab the stops or if it needs to grab the stops here the liquidate uh traders and from there it can easily sort of continue back down into sort of lower grounds again i don't think there's sort of too sort of done on the potential sort of downtrend again looking at back where we are seasonally again seasonally we're at a good week so potentially Thursday Thursday and Friday might carry us a lot higher so it makes again it does make sense that we just try to clear as many longs out as early as possible so we look good but the next couple of weeks proceeding that don't look too good for us so it could easily sort of go downhill from there as we sort of get uh come to that and this is what 20 years of data so that's 20 sort of data points and each only a 30th 39% or success rate a 33% or success rate so it looks very terrible for us in what two and three weeks from now so that's you got something to pay very close attention to I mean you do have some outliers here and here but the sort of average comes in around here just below sort of that mean line that we would really like it to be at so it from that point of view it might be a very dull Tuesday Wednesday Thursday leads up gets super aggressive reclaim all that background that we did here so again that's what we're looking for and Thursday comes in oh Friday comes in oh we're looking for a for the entirety of this week and the sort of builds up of this week to be very heavy short if we're looking to reverse anything and the only way to do that is number one clear out these longs number two add more shorts clear these out make sure balance these out don't let them get too profitable too quick then finally lead into a nice little point on Thursday where we're just super bearish on on everything and then we can easily reverse it in spides have a very large gap down I mean three market gaps here but we're really well internally close here we're going to open somewhere around here so we're going to have a nice little gap for us that'll close off so there is some upwards moments and for us to uh well to be had that can easily just go in close out then just reverse it sometimes we might get it and be very greedy where just have a bit of an overhang and just grab the stops rather than closing out the void but generally the minimum you'd expect is a if we go high is here and the maximum would be just taking out the stops as well pretty much got the same assessment and the same sort of uh outcome as what we're expecting for bitcoin and es as well looking at them independently and using sort of separate uh points of analyzing them so as long as they're sort of coming together and giving you the same argument it does sort of make sense and a lot make sense that they sort of come together if we're sort of correcting our bias because if we're incorrect one or think another the other thing will say one or another and they'll constantly be at each other and saying okay this is saying one thing this is saying another thing doesn't look like they match too well uh so something's gotta give uh terms of gold can be uh mostly see gold as an inverse as a point where people just rush to gold as gold is more a safe haven when people are scared as they say oh no everything's collapsing uh rush to gold that's safe uh so as we want to see this sort of sell off i mean it's coming to a point where we can see some potentially some sell off and we saw some lungs getting trapped here this coming in here just sort of fish and trap more lungs just under the previous amount of lungs then this coming under as well so again see this go down that might see that short term uh sort of peak in sort of assets see that sort of swipe that down get rid of these stops then sort of come back here as we continue to sort of bleed uh back then if we're expecting some bullishness this will sort of find its way back down to the sort at least this daily level uh if we're sort of expecting a very sort of bullish Thursday and Friday but we still have two days for that so Wednesday will sort of be a lot better for it in terms of determining if we're actually going uh through his our plans of being bullish or not i mean looking where theorems that it's pretty much sort of hemorrhage this way all the way down here so it's got at least backtrack somewhat before it continues back down but generally from this high it's very nice that we sort of caught that down again should get another opportunity sort of being a better position here again everything does look bearish but it does have a area where you can re-cumulate shorts out so it's something that you want to be sort of cognizant of because retail is looking at this and saying oh look that's that's an easy short let me short this they short the break on this here as you can see the build of volume at this sort of bottom here that would more or less be heavy uh heavily short and as you can see bitcoin's more or less same so we're likely to take those shorts out add more longs on a on a position where we can sort of absorb them up here or even take out the stops here but i think it would be a lot shallower it's coming to the four hour so look at that she can grab any sort of trend lines where retail will look at that and say yeah anytime that breaks that's where i buy and i think something like this here anytime it breaks above here that's where they buy so if they buy leading towards this could easily sort of trap them in that wrong position as they would have sort of shorted this surely based on the fact that it is a bearish pendant something like that so they go short they get punished for going short uh they go along on the break they say okay this looks like a breakout uh then they get punished for the breakout and as long as they're trapping longs on this breakout here that's our signal to say thank you guys for your money thank you guys for your time i will catch you guys later goodbye and then we can sort of continue that down get these guys sort of punished and sort of very very well and truly sort of hurting before actually reversing it on their heads but we know there's liquidity to be had on the upside and you can see the way they went down it created liquidity points on each sort of swing in each sort of swing had didn't really take out any points we talked about how heavily sort of this is tailored short so it's something that can easily be reversed off it's just waiting for either a news day or a uh a sort of a data point or data set that is very good for us and we can see us are spending looks to be higher uh we're forecasted higher so it means expecting sort of more bullish outcomes as long as it's better than what is forecasted because usually price in forecast uh well somewhere in between because of the forecast it's almost better than the previous data set price will naturally sort of uh go higher for the most part hey hey we'll have a look at some other currency if they're in the same position because another thing we'll like to do is see if everything's lined up and don't really need to look at this too long to see yeah pretty much the same thing coming out of it as ethereum we're already creating a bearish sort of uh well this is more of a flag but still similar things here as soon as they see the break on this they look at this and just say short short short so we can easily trap them short they say break out here long long long they long this area here so ideally looking for this area to try and push it back down so we do have points uh higher for on atom similar to bitcoin similar to everything else that we've seen so far say okay there is a higher point where they can accumulate long uh and then reverse these longs back them back down yeah where we're looking for i mean it's just sort of faded very far down and we can see it was our 15 essentially from 15s all the way back to 10 that's just so easy to look at i mean playing with these levels non-stop uh maybe we finally reach down to the weekly uh here swipe out and be super aggressive all kinds are a lot easier to move relative to what's bigger sort of asset points so this is something they expect they expected to go short they go oh yeah this this go down straight but this doesn't go down straight it goes high then goes down if we go and by then they they go and break out long so it only goes down when we get longs and it only goes up when we get short avax looks like it's the only green thing so far i mean it looks like they're ahead of the curve but exactly same printing as everything else where it made a high when everything else made a high kind of collapsing all the way down and he's just up a lot it's just a lot further ahead than everything else where everything's here this has already has come up numerous times and found sort of center mass here could easy look to have sort of similar sort of steps where it has a high where you can take out and then reverse on so it's not too different it's not sort of coming out left field it's still very sort of similar again same thing coming out a dot don't really need to look at these guys too long to just say as an outlier i mean here's super more aggressive but it's more or less the same thing where the only reason they needed to probably go down low is they weren't getting the volume short that they needed so they need to go down low but again same thing here nice little decline here where they should try and make everybody and the mother's go short and maybe swing it up higher for one time grab out this area here and then from there have that grab bag go lower here flashbang you guys looks very boring today i mean look you see that collection of longs already coming out here try and look at this try and match it up here see where we can grab things and i think it does want to go up a bit higher and it'll take out this for the most part which does spell more bearish for the day which is a good thing for us because that's generally where we'd want to go for the week and as long as we can sort of come to that conclusion very quickly it means better things for us yeah as long as everything is working so as long as everything's sort of going up high we're expected to collapse a lot quicker and there's the build up of longs there'll be the longs getting targeted and then like everything else we have a high here as long as we get that high very early on get these longs added on then we can clear out these longs today and tomorrow build up short then the short gets builds up then Thursday Friday and then proceed to reverse it and catch everyone off guard we'll give you i'll give you guys an update on Microsoft because you know a while since we look at Microsoft's uh but Microsoft's been pretty good for us uh as long as you listened got it got it we got it last time we looked at it was i think here and here so coming in again you can see how it plays weekly just been sort of on a tear and we looked at it and it was just super easy to say that yeah it was going to go higher just because of the whole sort of AI and the whole sort of chat GPT thing but it's slowly dying out a lot of people are adding buys here which necessarily means you might want to think about getting out and looking for lower because when everyone starts saying buy it's not really a buy it's more of a buy it later so where would we buy it later that's the real question so maybe we get a bit of a spike we've got earnings coming out and again earnings usually i mean earnings going to be decent for Microsoft's uh i don't think it's going to be too bad just from full cost alone grab it from there we go uh estimated it's good it's got more it's some stagnation but generally does it does look good for it again but looking how we're pretty high up prior to earnings uh we can look at that short volume there we go finally back uh there we go uh yeah not too much short volume so um probably want to build that up uh outside so it doesn't make sense to continually going higher and squeezing these guys out here you can see where they build up short they sort of extend it out a bit here so they built up short here see they just extended it for a bit so that's a nice little extension play you can see the heavy amount of shorts here um and well coming here instantly sort of punish for shorting on that earnings up it goes and you can see they continue to try to short and they go sort of let out very very uh not gently let out and finally when they sort of let up on the shorts it went down and then the build up shorts here so again not too much build up short so not too high on that sort of area but earnings coming out could be very big for it say okay people may be expecting very good earnings i mean regardless of what the earnings end up being we might sort of come in just spike low strap all the liquidity one fell swoop then sort of reverse it so maybe you know cards uh look for a bit lower here on that four hour and yours got that here so you've got two areas where you can sort of come in and sort of support ourselves that but generally probably look for it i mean long term if you're holding and especially if you're holding for here it doesn't look too bad especially as this dividend sort of come in and roll out you're not going to be too overtly sort of fast and again everyone's saying buying or holding here so you're more likely to see a bit lower uh i mean they're all right here i mean they can be right sometimes but generally i mean they're right here as well so who knows it continues back up i mean it's a good stop to have especially considering we got decently low but generally looking at sort of next week's and knowing next week's i don't think it's going to be too good for it as we should start surmising that after a spike we should start seeing this slowly come back down uh in sort of next week's so uh just going on the sort of history i mean we can look at 19 years worth of data again same thing here look at that two weeks ahead looks very bad that was pretty good for 20 years here but again just this is a very weak very weak weak uh well i still want to say i don't like Tesla so i'm not born and brought up with that it all moves up again very slightly just moving out this weekly here again earnings coming out very soon some other things makes sense for everything to just be at this high not too much short volume which is always good in some whatever good indication that we push a bit down so maybe we take out a high as all things do then start pushing down again uh looks better for it but generally uh this next come uh next couple of weeks look a bit dicey for most things just like a mixed bag on a whole again on a whole the market looks a lot weaker in the next couple of weeks so with that expectations were sort of building out this week nice little week of rest next couple of weeks some turbulence then from there maybe expect some smooth sailings this slow build up belongs it's always nice to try reverse it again watch out for the potential for it to sort of spike and catch you off guard uh if it does that catches longs here then from there it will do that and just reverse it because it just will just be the one final sort of push it push instead of it being an actual quote unquote breakout i don't think i have too much to say unless you guys want me to look at a specific uh chart gives you guys sort of mile once over should be a relatively easy day uh been paying attention not really too much uh we can do out of today that will sort of come out of like sort of less field nothing sort of scary in the sense that it will just randomly do random like crazy things the sake of doing crazy things i'll be more sort of uh more sort of more sort of what's the word i'm tamed yes that's the word more tamed oh wow uh yeah and we know everything's going to be tamed because we've got a fluff piece coming out from market watch uh okay everything's going to be a sort of price action based damn fluff piece uh you even more fluff pieces coming out there small day you meet price action we call these price action days uh stay safe man i'll catch you guys thank you guys so much for coming have a lovely day stay safe should be a relatively easy day again just prepare for the uh and look for signs for a direction for Thursday and Wednesday again you're either looking for a build up of shorts or a build up of lungs currently we're building up shorts uh from the looks of it and again we're probably expecting today to go down if we sort of swipe out about that high and build up longs but right now we've got a decent amount of longs that need to be wiped out just sort of watch out for those other than that there's not really too much on today just make sure you guys stay safe train safe we'll catch you guys tomorrow peace