Speaker A
All right, folks, welcome back. It feels just like yesterday, last time we'd smoke.
Forex price action analysis focused on London session setups and key levels, with practical teaching on market behavior and trading mindset.
Ask about this video. Answers come from its transcript only — with the timestamp, so you can check them.
Generated from the transcript and can be wrong — check the timestamp.
Key Takeaways
- Price action analysis can help anticipate key market levels, such as the dollar index dropping below 100.
- Understanding market inefficiencies and price rejection zones is crucial for effective trading.
- Independent study and application of taught concepts are necessary; spoon-feeding setups is discouraged.
- The London session presents specific trading opportunities that can be identified using price action.
- Not every analysis will be perfect, but the general premise can guide trading decisions.
What the video covers
- The video provides a follow-up analysis on price action from the previous night, focusing on Forex market behavior during the London session.
- The presenter emphasizes that the analysis is one piece of a larger algorithmic pattern that may repeat but not in every instance.
- He explains how he predicted the dollar index dropping below the 100 level, specifically targeting the 99.92 level as a buying opportunity.
- The video addresses common skepticism about picking tops and bottoms and encourages viewers to study setups independently.
- The presenter clarifies that this teaching is not part of his main trading model but a response to audience questions.
- He highlights the importance of understanding price action around key levels and how the market avoids inefficient price zones.
- Viewers are encouraged to use the concepts taught to find their own setups rather than expecting spoon-fed trades.
- The analysis includes references to specific time frames and price levels, such as the London open kill zone and intraday highs and lows.
- The presenter stresses that he will not provide live trading sessions or additional proof beyond what he is willing to share.
- The video also touches on the contrast in price action behavior between the dollar index and the euro.
Chapters
- 00:00Introduction and Recap of Previous Analysis
- 01:16Addressing Skepticism and Explaining the Analysis Context
- 02:19Setting the Stage: Predicting Dollar Index Movement
- 03:21Reviewing the Chart and Price Action Outcomes
- 04:13Teaching How to Identify London Session Setups
- 06:14Responding to Criticism and Setting Boundaries
- 08:09Encouragement for Independent Study and Application
- 09:14Detailed Price Levels and Market Behavior Insights
- 10:21Summary and Final Thoughts on Trading Approach
Full Transcript — Download SRT & Markdown
Speaker A
gave you an analysis last night now before you start snickering and rolling your eyes and sending your husband up to slap me on stage just understand that this is just one piece one little piece of price action in the delivery that the algorithm will
Speaker A
All right, so here we have one of those instances where, as luck would have it, the hands of fate, the planets aligned, all those factors came in on something I gave you an analysis last night.
Speaker A
working in london session for forex no problem to do that i set the stage with the analysis last night there are folks out there that will say i don't know how to pick the tops and the bottoms or the
Speaker A
Now, before you start snickering and rolling your eyes and sending your husband up to slap me on stage, just understand that this is just one piece, one little piece of price action in the delivery that the algorithm will likely not every single instance, but it will likely repeat.
Speaker A
their medium is they follow that logic without investigating it or looking into whether or not these things that i claim are true so without a safety net last night i outlined it for you i explained what it should do why it should take place
Speaker A
Okay, it's the logic that I've shared on this YouTube channel, and I've been asked, obviously, if you read the comments in the videos, can I show an example of this working in London session for Forex? No problem to do that.
Speaker A
and i mentioned that i felt that it was going to go below the 100 level and if i were making the market in other words if i was the market maker providing the parameters at which the dollar index
Speaker A
I set the stage with the analysis last night. There are folks out there that will say, I don't know how to pick the tops and the bottoms or the highs and the lows of the day. They don't know what I'm teaching, so it's easy for them to say those types of things.
Speaker A
there okay so i know some of you are actually downloading them let's that's fine but go to episode 19 which is the one i just did last night and listen to the 20 minute mark around 10 second in that vicinity and let it play for a
Speaker A
And a new student may stumble upon their comment, may stumble upon their YouTube channel, and whatever their medium is, they follow that logic without investigating it or looking into whether or not these things that I claim are true.
Speaker A
up a london setup well i'm going to teach that to you tonight so understand this is not the model for my daughter this is not an addition to the model i'm just simply answering questions because i got a lot
Speaker A
So without a safety net, last night I outlined it for you. I explained what it should do, why it should take place, and therefore we watch. And do I see in my chart, like you should see in yours, what I outlined? Not exactly to the level I was outlining, but the general premise was there.
Speaker A
do that okay now some of you are going to be upset say oh well see you're not proving anything well if you're not seeing this as proof move along okay just move along i'm only going to do what i'm willing to do okay
Speaker A
What I mean by that, well, we were in this area here, and I mentioned that I felt that it was going to go below the 100 level. And if I were making the market, in other words, if I was the market maker providing the parameters at which the dollar index will go down to set up a buying opportunity, I would take it down to the 99, uh, 99.92 level.
Speaker A
they're going to be frustrated so i'm just letting you know that's not going to happen so don't ask i don't care how many times you present it nicely in a comment or request it's simply not going to happen
Speaker A
Okay, and you can check me on that with the video I uploaded, and I can't edit a video on YouTube once it's there. It's there.
Speaker A
right over here okay we had this run up at the beginning of that candle right there just draw that out in time i gave you about 99.95 99.92 level okay a small little range of about three pips that's what i was eyeballing last night
Speaker A
Okay, so I know some of you are actually downloading them. Let's, that's fine. But go to episode 19, which is the one I just did last night, and listen to the 20-minute mark, around 10 seconds in that vicinity, and let it play for a minute or so, and you'll hear me outline the very thing that you're seeing in your chart right now.
Speaker A
because i have a community obviously i'm obligated to i'm not obligated here okay so i don't want to be thinking you can guilt me into doing more than i'm already willing to do but just know that there's things that i
Speaker A
So the question is going to be, how do I know to call that level in? Why did I know that it was likely to set up a London setup? Well, I'm going to teach that to you tonight.
Speaker A
last night when i was doing the commentary was really simply just rooted on the idea of this extension and ending it right on that candle's high and just eyeballing it so that's what i was looking at i expected it to drop down
Speaker A
So understand this is not the model for my daughter. This is not an addition to the model. I'm just simply answering questions because I got a lot of them, and I'm not trying to push this inside of the model for this YouTube mentorship because the next step is going to be, can you go into London and do live sessions so we can copy what you're doing? I'm not going to do that.
Speaker A
that's what you want to investigate and study on your own but notice that we ran up above these relative vehicle highs and that's what we ran for the intraday price action target so the height of the day that was set initially around the
Speaker A
Okay, now some of you are going to be upset, say, oh, well, see, you're not proving anything. Well, if you're not seeing this as proof, move along.
Speaker A
of the day but more specifically it aims for these really clean levels you have this high here here and here remember i was teaching just like this level here the market does not like to leave that that is not efficient
Speaker A
Okay, just move along. I'm only going to do what I'm willing to do.
Speaker A
say this type of thing to certain individuals because they they take aim at me like i'm trying to belittle everyone else it's not that i'm trying to belittle anyone else i'm trying to shake you by the lapels and simply say
Speaker A
Okay, and I'm having fun showing what I'm showing, and it's really enough. Only those individuals that want to be spoon-fed setups and trades and piggyback my ideas, they're the only ones that really push and twist my arm, and they're going to be frustrated.
Speaker A
you can dismiss 99.9 of the things out there that everyone looks and relies on having your charts as far as analysis concepts or indicators you don't need all that stuff so if i'm suggesting as i mentioned last night in the
Speaker A
So I'm just letting you know that's not going to happen. So don't ask. I don't care how many times you present it nicely in a comment or request. It's simply not going to happen.
Speaker A
period in the video that means the opposite should be seen for euro but before we get into that let's fine tune this a little bit more on the 15 minute time frame you can see we drop down creating the low of the day in
Speaker A
It's important for you to go in and find these setups on your own using what I'm teaching.
Speaker A
set it to local new york two o'clock at five o'clock in the morning that's the kill zone for london open market comes down creates the low of the day runs back up back into an order block here i'll let you look at the lower timing
Speaker A
So I mentioned that we would drop below that 100 level. Why did I pick the 99.92 level?
Speaker A
it's what i've outlined in advance and you see that last night beforehand this is what i expected to see price drop down in and then start to go higher at the same time euro runs all the way back up to the previous week's high
Speaker A
Okay, well, if you look at the price action right over here, okay, we had this run up at the beginning of that candle right there. Just draw that out in time. I gave you about 99.95, 99.92 level.
Speaker A
looking at euro that's your trading market you have to have a barometer something to measure its movement with and that's market relationships so having that with the dollar dollar coming down to a level outline last night that it would be a bullish
Speaker A
Okay, a small little range of about three pips. That's what I was eyeballing last night.
Speaker A
it's doing that but what is the euro reaching for this high and it went so far as to go up above the previous week's high so they really reached up in there took out the previous week's high and at that same instance right there
Speaker A
Now, I was talking to you obviously before midnight. Now, there's things that I teach and have in my repertoire that helps me fine-tune the low of the day.
Speaker A
the moment it hits this level here it's the same moment that the dollar index is hitting that area i was outlining last night for a buying opportunity for a dollar so this is a false breakout because my analysis was done and shared with you
Speaker A
You know, I'm not going to teach that here, and then because I have a community, obviously, I'm obligated to. I'm not obligated here.
Speaker A
i went to sleep i was tired so i'm not concerned about that i didn't take the short either i don't care i don't want to be in every single move and i'm not trying to trade forex right now
Speaker A
Okay, so I don't want to be thinking you can guilt me into doing more than I'm already willing to do. But just know that there's things that I didn't basically use at my repertoire at midnight that will help me fine-tune the actual low within about two to three pips sometimes, right on the very low, but it's not needed.
Speaker A
but simply because i can doesn't obligate me to okay i'm not here trying to perform magic tricks for you okay i'm not i'm not trying to do that i'm trying to teach you to trust your own analysis and lean on your own experience even in
Speaker A
Okay, the idea that I just gave on the fly last night when I was doing the commentary was really simply just rooted on the idea of this extension and ending it right on that candle's high and just eyeballing it.
Speaker A
morning five o'clock morning new york local time so it creates the high of the day so in this price run we're to start stripping it down i'm going to make it very easy and not make this video very long but
Speaker A
So that's what I was looking at. I expected it to drop down.
Speaker A
might see this short term low and say well why didn't you use that low instead of this one here well the reason why is the fair value gap forms right here on this candle once that candle closes the very next candle
Speaker A
I'm not convinced that we're going to see this top yet, so I felt that it dropped down here and also being a setup going into London, that's what I would expect.
Speaker A
and then it moves lower than that short term low now we have a shift in market structure the market could have came back up into this run here and offered an entry there but it didn't notice that it went a little bit lower that's fine
Speaker A
And I'm going to teach you how to use that information if that's what you want to investigate and study on your own.
Speaker A
this is an opportunity to pause the video and think about the frustrated annotations you're smirking aren't you thinking i'm not positive so you just might as well get on with it ict okay so here we have a zoomed in
Speaker A
But notice that we ran up above these relative equal highs, and that's what we ran for the intraday price action target.
Speaker A
limit anytime in here because it has to move away from the fear of a gap so it doesn't on this candle here so we have that run through this short term low we have displacement it was energetic move lower away from
Speaker A
So the height of the day that was set initially around the midnight time frame, it dropped down, creating the entire run lower, creating the London low real close to where I was outlining it, not exactly obviously, but it's good enough for government work.
Speaker A
here the kill zone for london open is still open so we allow for that retracement higher your fill here maybe one pipette maybe a half a pip or maybe a full pip above this candle's high that would be your entry but we're just
Speaker A
And the market starts to rally, and it takes out the initial high of the day, but more specifically, it aims for these really clean levels. You have this high here, here, and here.
Speaker A
absorb hypothetically if you would use that entry point is 1.09301 so basically not even five pips okay so well about five pips around about five pips of drawdown so essentially 25 we'll call it the 30 so call five pips there it is
Speaker A
Remember, I was teaching just like this level here. The market does not like to leave that. That is not efficient.
Speaker A
don't do that you think about it in terms of fixed percentage risk own equity so that means you're simply going to look at how much money you have in the account take that times that by one percent okay one percent is the maximum
Speaker A
Now, it's efficient for technical analysis retail 101 where they'll see that as resistance. It looks perfect. That's what they want because the books teach that. The books are meant to trip you up.
Speaker A
none of you should be going into demo none of you would have done this obviously because we're talking about in hindsight but i'm showing you the relationships of how when the market went to this level here and cleared the
Speaker A
It's flawed logic, folks. I mean, I hate to say this type of thing to certain individuals because they take aim at me like I'm trying to belittle everyone else.
Speaker A
going to have weight introduced to euro and it should start to go lower so your entry here and your drawdown and your stop all those being what they are here if we go out a little bit further and
Speaker A
It's not that I'm trying to belittle anyone else. I'm trying to shake you by the lapels and simply say, look, listen to what I'm saying. Don't believe what I'm saying. Investigate the things I'm stating in the video so that way you can come to your own conclusion, either I'm making things up or there's really logic behind it.
Speaker A
everything on one chart so that's the only reason why i'm showing the five minute chart it's not that i'm doing anything special with it okay it's just to show you the overall dynamic of this price run up the rejection
Speaker A
And you can dismiss 99.9% of the things out there that everyone looks and relies on having your charts as far as analysis concepts or indicators. You don't need all that stuff.
Speaker A
run from the the low here by this one because it was the most energetic starting this price right here that would be your parent price leg 50 is around in here so that would be a nice objective initially that would be
Speaker A
So if I'm suggesting, as I mentioned last night in the video, that we would drop down here and then start to go higher, that sets the stage for what if this is going to be a point at which it reacts and goes higher, as I was outlining around this time period in the video.
Speaker A
the framework beforehand i told you what to expect in the dollar index and everybody should know that the euro is going to be the opposite direction of whatever the dollar is going to do so hopefully this has been insightful to
Speaker A
That means the opposite should be seen for Euro.
Topics:Forexprice actionLondon sessiondollar indextrading analysismarket makerintraday levelstrading mindsettechnical analysisforex trading
