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Lorenzo Corrado 路 @LorenzoCorradoFX
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What's happening my friends? Welcome back to episode number 117. Hi, how are you guys doing? Today is Friday the 25th of September. We're heading into the weekly closure. Welcome back to the stream once again. here. Uh we have a range to deal with. We have potentially a micro confirmation that
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What's happening my friends? Welcome back to episode number 117. Hi, how are you guys doing? Today is Friday the 25th of September. We're heading into the weekly closure. Welcome back to the stream once again. here. Uh we have a range to deal with. We have potentially a micro confirmation that we're waiting for. So I can't wait to talk about this. It's actually super important moment for gold. Even though it's pretty much flat at the moment, it is a very important moment for gold.
This is the moment that we have to talk about because it is a crucial moment, a crucial crucial moment. Yes. All right. Good to [clears throat] see you all. Let's end this week strong. Let's make sure that we uh you know close the week uh profitable like we always try to do our absolute best every day, right? And see what we have with us today. Let's see in the chat. Let's see who we have here with us today. Let's see.
We have Nate the man. Jam, how are you? Good to see you. Lon, what's happening, man? Good morning. Uh, we have Paul. How are you doing, Paul? Good morning from Cape Town. Good to see you, my friend. Uh, reality, my friend. How are you doing? Good morning. Hey, J. How are you doing? Hope you're doing well. Uh, Karen or Karan, sorry. Derek, my friend, how are you? Silana Buenos. [snorts] Uh, Rohan, how are you, man? Elena, how are you doing, Elena?
Good to see you. Toki Karan [clears throat] Jason the man Elvin from Bonire also from Bonire nice I know people from Bonire yeah okay cool I don't go good to see you I watch my 100 pip setup leave without me because of brushing my teeth okay well you have to pay attention a little bit you know what I mean so let's get started guys let's make it a good stream um yeah we have talk talk about gold being in a quote unquote larger yeah bottom dollar also being in resistance with that here uh at resistance at the moment here little bit still holding up quite strong though we cannot neglect that but we'll talk about everything yes okay sounds good my friends welcome back good to see you let's [music] have to be >> [music] [music] >> I need [music] that. >> [music] [music] >> Ha.
[music] Ah. [music] >> [music] [music] >> Okay, welcome back. Another Friday, another weekly closure. the moments we can't mess it all up. We can't mess it all up on a Friday. You guys know that, right? Fridays are made to stay profitable. Fridays are not the days where we mess up, especially been working so hard the whole week to do our best and we're not going to mess it up on a Friday. Agreed. That's the plan. Okay, let's get started, my friends.
Welcome back. Uh number one, if you look at gold right now, let's look at gold in a second here. split of a second. We're really flat today. Wow. And the reason why I would tell you uh we're fighting major we're fighting major resistance still. Major resistance. We can't seem to break it. Uh even though we're trying though, we can't seem [music] to actually do. Okay. At the same time, there's also a reason why we're holding so well at this current moment in time.
So also that I think has to be mentioned. Why are we holding so well? What is the reason right here? Okay, this is extremely important. Why are we holding so extremely well? Okay. Uh let's see what's happening right now at the moment here. Let's go back into the charts. We have the previous weekly range. Okay. The previous weekly range. And do you guys see that red line on the previous weekly range? Let me know. The big fat red line.
What line is that? How do we call that line? It's a famous line. It's one of our most famous lines, by the way. It's the the red line. It's the point of control of the previous week. Okay. That is the major resistance that we're seeing right now in the moment here. The previous weekly point of control. If you mark out the black line right there, okay? And we go back to the previous weekly POC and we turn that into a big line that we move to the right.
And you can actually see that even though forget about everything else right now, we can't seem to break that. You see that? That's that major level that is holding us right around there. We can't seem to break it yet. That is a major level that really confirms that we are um yeah getting suppressed a little bit more. Besides that, we also have to deal with okay a range. Do you see that range? It's also a ranging uh flat range that we're kind of seeing right there.
What we're trying to do here is to measure the fair value of that range. So we mark out the range from the left to the right, okay, until the breakout. And then we have also the fair value. Okay, the value area low, the very high, and we turn that into a box as well here. Now, I hope that gives you the perspective of why we're fighting to break that. Okay, it's literally trying to break that resistance for us to say, okay, we are now potentially actually bullish here.
Until then, there is just so much suppression. We had some news yesterday regard to Iran that happened around here when price shoot up aggressively uh and the straight of moose somehow another peace deal agreement or whatever the case may be right some speculation around that but uh again price came up and it still got rejected so even news like that was not able to push price through that resistance as well okay that is important context I think because that range will determine I think everything in terms of reversal plays etc okay if we trade below Oh, the very area low, you know, we could still see a rejection.
If you trade above it and we actually close above it, that could potentially be the big catalyst for the continuation to the upside right there. Okay, [music] so that range for us is I think the most important part. It is the 4 to90 and of course the resistance now being at the point of control and the um the lows at the 80s, right? That's kind of that resistance that we're seeing right there. Okay. So again that is the lower time frame.
Um but look at it not just from a lower time frame perspective only. Also understand at this moment in time in my opinion where we are in regards to the bigger picture because if you really look at the bigger picture right now and this is going to be very interesting actually look at what we have been doing on goldie. Okay we have been actually respecting sorry my throat. We have been respecting that initial parallel channel once again.
So we created a channel here. We broke out right here. We had like huge breakout right there. Right. And then again we have been two months kind of compressing compressing coming down coming down right. But we're now getting close to that again. Another retest of that same old same old reaction right there of that channel. So we are actually at the bottom, okay, of the bottom of kind of a compression right now at the moment.
Okay, and I think this is important context, but it's not enough. It's just a channel, okay? Channels can be broken. Channels are there um to give you some sort of visual perspective, but it's not the end of be all, right? It's not why I use trend lines all the time because it's just, you know, it can be relatively subjective in many ways. But this shadow is a good example of how price and what price is currently doing and where we are in that perspective.
We're pretty much at the bottom of it knowing that we're actually kind of compressing right now at this current moment in time. It's actually a serious compression if you ask me, right? Gold is getting ready for something. That's all I'm saying. Gold is getting ready for a breakout. That that's for sure. Like gold is getting ready for a breakout because there is one thing that you can take away from these patterns. Uh and that is that you can time the breakouts. you can properly you know approximately time when you relieve that compression that is just what we have been seeing right there okay however now take a look at the bottom okay take a look at the valuation index right here okay this is how we measure gold against the dollar today we're going to do giveaway of that uh tool okay to you guys at the end of this stream u but what is important context for this right here okay on the 4our are we over or are we undervalid against the dollar?
Let me know in the chat. Are we overvoid or are we undervalid against the dollar? Okay, let me know. Gives me enough time to get some coffee. One second. Yeah, sorry. I had to take that one. Anyways, we're on the value against the dollar. Okay, this is super important for us to take in account right now at the moment. Uh what happened in the past that is something that we are trying to work out. Okay, what happened actually in the past uh over the last whatever 10 20 times right that we're actually were on the verge.
This is important context for us also for you maybe for next week as well. Okay, so let's pay attention to this and just let's actually have a look here at what has happened in the past when we were quote unquote undervoided against the dollar. Okay, this is the 4hour time frame. So take that in account right there. Okay, so here we're under void right there. Uh price created a bottom. Okay, in this bottom and you don't think, oh that's not a long bottom.
Look at we still came down. Well, yeah, but it took around what? Three days, three to four days for us to actually get down. Okay, we formulated a bottom right here for a couple days, at least a couple days. Okay, so that's the bottom right here. You can see that right there. This was a three-day bottom. This was uh a multi-week bottom. I think it was around 7 days or 8 days. Right here, bottom right here, usually bottom right here.
Usually bottom. Okay, right here. Usually bottom. And keep in mind that this goes against the measurements of the dollar. The dollar moves in conjunction with golden. You can kind of see when it reaches those extremes, right? This took a bit longer. I remember this very well. The market was a bit off at the time. Okay. But from an overall perspective, you can see that when we're undervalued, okay, and we compared it with support in this case right here in currency where we are at this curb moment because we are quote unquote in support on gold.
This is where we are right now. Okay? So, take that in account, right? understand that there is a reason why we're bouncing here and this is kind of important context in my opinion for us to say okay well I'm not saying that I'm not shorting because yesterday we literally shorted the market also when we were there almost there so it's not that we're against shorting at all okay it's just what we want to do is we want to at least take some of that macro that intraday perspective in consideration okay and I do think it's important for us to be aware of that that's all I'm saying right there and I think it might be interesting for you to pay attention do.
Okay. So, what does that mean for me? If we have a bullish confirmation, okay, if we do have some sort of bullish confirmation right around here, right around this low where we are right now at the moment, okay, if we do have a bullish confirmation here, okay, what do you think we're going to do? Right, that could potentially turn into a bigger trade. You know what I mean? That's something that I'm willing to look at.
Okay, and that doesn't always happen. It is a two-month period where potentially I would say okay we're now there is this then a moment is this then actually a potential area of support right here that we are right let's zoom in on the 4 hour you can actually see right here that we are clearly holding that support right there and every time when we try to break it you see that every time we try to break it we create this wicks we create this wicks right there create these wicks kind of respecting it right now okay so this is important put the context for us to pay attention to this from a macro perspective.
That's all I am saying. Okay, everyone agreed on that? Let me know. Okay, compare that then with of course the undervaluation and of course the retest, the back testing of that as well here. It's just an additional confirmation. Okay, that's all it is. So, let's get back to the lower time frame cuz that's all that matters. We have no trade without a lower time frame confirmation, without the volume profile, right? Without the order flow, without things like that.
So, we need to have that context, right? And otherwise we cannot legally take a random trade. I don't like to just assume a trade according to a channel and an undervaluation like we need some sort of lower time frame uh confirmation when it comes down to the volume profile or anything in particular that gives us the actual in in interest of saying this is the timing. This is the perfect timing. Now it's actually time.
Okay. So the previous week very low is something that we talked about yesterday's stream. We said hey if this gets taken out but we reclaim it. Okay we actually reclaim it then we will be potentially looking for long confirmations. Okay now what happened? We manipulated the Puki low the bi very very low and people for people were asking what's happening. Well that is where we broke out. We broke out of the value area of the previous trading week.
It's the very high. We broke out of it here. Okay, this is where these wicks came from on the 4hour. And now you can actually see that we are compressing, right? We're compressing. And why are we compressing? [music] We still have more resistance to break. If we break that resistance, in my opinion, guys, that is um [music] that is freaking bullish. Okay, that is freaking bullish. Why? Because we have a consolidation range.
Okay, we have then a quote unquote some sort of manipulation inside of the higher time frame support [music] inside of the channel creating these micro intraday wicks [music] and then we flip bullish and we break that. Okay, we break that initial body [music] on the 4hour 8 hour and we just break and close above that range and [music] we can go up. We have kind of like a freeway. Okay, that is kind of the CME pattern.
We call it a CME pattern. It's very famous. It's also in our book. We talk about this all the time where you have an area of consolidation manipulation and then we're looking for the expansion. And if you get the expansion and you break above the fair value of the consolidation, so the very high, then we're looking for the contination. So some people call it the AMD right here. Right? Some people call it AMD. I call it the CME personally.
I don't know. That's just the way I've always been been taught it. Right? Uh but I use the volume profile to measure the confirmation right there. Okay. So for me that is what I will be looking for if we do manage to break out. So yeah it requires again a bit more patience today. It again means that we can't rush into trades uh or do anything uh out of the ordinary. And keep in mind do we really want to trade inside of this range right now?
Do we really want to try to guess this at this current moment and hope that we break out? If you see all those rejections in the past right here while you're in higher time frame support. [music] I don't think that's smart. I don't think personally that that's really smart right there. Okay, I really believe that getting at least a lower time frame confirmation means breaking out of the fair value of the consolidation [music] in that case.
Okay, but that's clearly where we are getting uh rejected at. So that would consider to for us to be a break above the highs closure continuation play right there. Okay, hope that makes sense. That's something I'm willing to look at the 90s and then continuing higher and then maybe we will be able to finally set in what we want and that is this beautiful, beautiful candle to break out right here. Okay, right here to break out in this channel and for us to [music] push up higher.
Okay, so that is going to be interesting. Really curious to see how that plays out if we do get there. I love the volume kicking in. Uh we have 3 minutes left. anything is possible here. Um, and if you're getting rejected, I am now at a moment where I'm like got to be a bit more careful with shorting uh the markets. Okay, yesterday we were all into shorts because we took out the highs, we waited patiently, we shorted it, right?
But today uh I'm actually more keen to wait for the long confirmation and sit on my hands until that actually until it actually happens right around there. Okay, last but not least, the dollar. Dollar is in supply. Okay, dollar reaches that resistance right now at the moment. Right here, we have arrived at our location. The dollar is there. We now have to wait for reaction of the dollar and also the 10ear yield is at monthly resistance.
And for the people that missed yesterday's stream, we talked about the importance of this level on the yields and how crucial this level is because we are now officially back at the economic recession highs of right there. Okay, these are the economic highs of 2008. This is where the bees were astronomically high before it dropped and before we saw that recession of 4.2% 5.2% sorry. And we are since 2008 almost 20 years later back at that same level.
I wonder what that means. I wonder what that implies. Anyways, if we see a reaction here, it should be bullish for gold. That's all I'm saying. If we see a resistance, if you see this dropping temporarily, even if this decides to pull back, gold will break out. That's just what we tend to see when that happens. Okay? That's all we're looking at at this quick moment in time. All right. Let's see. Okay. Want to just give you a quick more deeper insight in Goldie at the moment.
Uh from a micro perspective as well, not just the the the the VIP a lower time frame because in this ter in this moment in time that context actually does matter. Okay. Sometimes it's just very obvious we're in a range. There's nothing to say or do and we just look at our setups. Other times we have to bring a bit more nuance to our setup and wait for the right confirmation and then um actually look for the the trade itself.
So yeah um let's see if we can do that. Let's see if we can actually break the very high and that would be amazing hopefully and see from there. Okay, the open is here. We were unable to break any resistance >> since yesterday. Today I was actually surprised to see it by the way especially after the second push to the upside how hard it was for gold to break out because of that news. I was like wow there's news here.
Uh we already sit in a double bottom and we're going to go and we break that range. But nope we got rejected. So maybe today is the day. Maybe today is that day. Let's see. Maybe today is that day. Uh, order flow wise, I think we're looking pretty good. Let's be honest, we're looking pretty good here. I like the reaction here of the of of those sellers at the bottom. A lot of selling at the bottom here. I like how we're breaking.
We're trying to break that. That is a good start. I mean, we're already above the VWAP. That is also good. Uh, where is the point of control of the previous week? It's right here. It's at 88. Okay, it is at 88. So, I'm very careful with rushing into into lungs. That was actually the the exact resistance we saw there yesterday after. So, can we break it and look for longs here? By the way, if we are in longs here and it actually plays out, um, yeah, this is going to be the only time where I probably hold on to the trade a bit longer.
Okay, maybe not on the uh stream account, but definitely on my other account. So, I'm just going to enter multiple accounts if that would be the case because Yeah. probably going to hold the trade over the weekend maybe even and I don't say that a lot but I potentially would be willing be willing to do so depending right if we actually get into like a good trade. Let's see. All right. Trading futures as well. Uh for currently mainly focus on I'm just like spot trading I guess to me I do not really care honestly.
Um I am looking at the order flow of course which is connected to the futures market. So yeah we are looking at that just as an additional layer. But no, I like it. We're also trading through the Trading View terminal right now. So when we take a trade, you can actually kind of see it. I don't have to switch tabs anymore with MetaTrader 5, which is actually kind of nice. It's pretty nice. Okay. I love to see this though.
Finally. I love to see that. Yeah, I really [snorts] do. I did took like a quick sculp yesterday um below here. I was like that was at 64. Now I'm like, I should have I should have held on to that trade. Should have held on to it. But hey, that's management. That's management in a nutshell. And uh the lesson is and this is also something that I realized yesterday, you know, cuz I was actually up more and then it came down all the way.
Could have taken profits there immediately, closed it, waited for the confirmation again, and re-entered my position. That would have been the best by far. That would have been the best by far. Uh, no VBA on your chart. Oh, you're right. You are correct. Well, we're already above it. But that's not the main issue today. The main issue is the value area of that range. Okay. Why do we use a custom range today and why not the previous day?
What is the exception? Well, the reason or the main reason is that we have to deal with uh bigger resistance sitting from the previous week. Okay, which is the point of control and that range is actually a perfect alignment as well here. It actually is a very specific trading pattern that we look at all the time where you have a range, you have a manipulation and then you create a breakout and then boop, you actually turn that range into support.
So you turn that structure into support. That's kind of the the setup. Okay, we call that a CME reversal play. This actually the perfect example of that. We've never introduced this setup publicly. I mean, uh, the CME momentum trade, yes, but not the reversal. Look at that, right? That is the setup. Keep in mind, everything that we do, guys, is tracked. Everything that we do is uh is mentioned properly, okay, beforehand.
So, value area. Okay, we have them in place. We get into a higher time frame zone. Now, we we just showed you guys what higher time frame zone we are at. The VWAP is already reclaimed. So that is good. And then the break above the value area high. Okay, that is the setup. Break above or below the value area. Okay, structure balance manipulation reversal expansion trend type counter trend reversal. Okay, reclaim mandatory valuation lower time frame is not necessary cuz you trade a breakout.
It's a breakout trade. It's a breakout trading setup right there. Okay, you get into the month and then you have exactly this. Sometimes the consolidation takes a bit longer. Okay, takes a little bit longer, but that's the example right there, right? It's pretty much the range, then the manipulation into higher time support or supply or demand and then the closure above the failure high. That is the setup pretty much right there.
Now, that is what we're seeing right now in the market, right? Orderflow confirmation, what is then needed? and of course the uh the actual sequence of it, right? So, it's a legitimate setup that we trade and you guys know we're only trading legitimate setups on this channel and if there is no setup, there is no setup. That is the truth of the matter, okay? And even not every setup has 100% win rate. about do you rather have a process and have a series of setup that you believe in that you trust that you've tested that you pro that you followed for a long period of time do you rather trust that or randomly chasing the market yeah that is that in a nutshell now this is that setup this is the counter trend reversal CV trade yesterday it was manipulation trade.
Lorzo, last time I didn't get the salt variation index. Please provided me this time. Thanks, Na. Naimm. Okay. Hey Naim, I'll remember your name. We'll do the giveaway later at the end of the stream. Oh, wow. This looks better. This looks better than uh than than New York than the New York session yesterday. The pullback that actually turned into a CRC where we had a range, an expansion, a retracement, a continuation, but we were unable to break the lows.
That is usually a sign of strength. Okay. Some people say, "Yeah, but the lows, they need to be taken out." Not always, not all the time. Yeah. Yeah, but we're looking at the range, not yesterday. No, of the range. Not not the yesterday's volume profile. It's the range. Look into the PDF. Welcome, my friend. Hope you're doing well, man. Thank you for joining the streams. [music] Good to see you, my friend. Hor, I'm the guy who you met in the gym from Lithuania.
Hey, how are you doing, my friend? Good to see you. He's still there. Yeah, still fighting. Love it. Still working hard. Awesome, my man. Hope you're doing well, my friend. Yeah, it was great seeing you at the time. Okay, we're pushing. So, we're actually going for it. Are we actually going to see this breakout today? Wow, that would be that would be that would be that would be gorgeous. Absolutely amazing. If we can do that, that would be beautiful.
Especially knowing that we're in this area right now. We just need [music] that breakout confirmation on the lower time frame. We don't have that confirmation on the lower time frame yet. Yesterday, we shorted into it, by the way. That was the goal yesterday. Yesterday was to short into that level. still. So there's no I'm not scared of shorting here by the way if you get a good confirmation. But now we're dealing with a reversal structure.
Okay. So that's kind of the difference between today and yesterday. Yesterday was still very bearish. We just saw a manipulation up and then down. Today we're seeing a reversal structure which is right here. Now that reversal structure is what we're now kind of waiting for. See if that can turn into the actual uh reversal. So yeah, that's the difference between yesterday shorting and today not shorting. Uh what is it? is important at least at like a 50minut closure above the 90 uh 91.
Yeah, the 91 that is the very high that means you close above the the point of control of the previous week. Uh the very high of that range you know all of those those important levels pretty much. Yeah. Ply PC will be resistance though like I said before it will be a major level because we got ejected at it and even news couldn't break it right it was like an important um thing I was like wow that was a strong rejection at the time cuz we came up we tapped into perfectly like on the dot by the way not even on the like on the pip I would say almost on the pip and boom immediate seller step back into the market defending that level here.
So that's why I'm so keen to see that being broken and being uh absorbed pretty much. So I hope we can close above that for our longs. Really hope so. Really hope we can do that today. It will be amazing on a Friday. Yeah, I love that. Love that. Also there that close on hourly, previous hourly already. Yeah, we love some CV plays. Why? because you have these closures, you can put your stop loss below usually. I'm looking on a 15 minute, by the way.
Um, yeah, below the last area where sellers became the most active. It's actually there, but also there. Yeah, we can put it below the very low, I guess. Man, but this thing can absolutely fly, by the way. That if we close above there, we can we could actually like I'm not I'm not trying to be too excited about it, but we could actually potentially fly. What is the resistance? What will be the resistance? Yeah, we'll probably we'll probably head back to the range to the range high.
Uh do we need to close about very high? Yeah. Yeah. Yeah. Yeah. We need to close above the box above that uh very high level. We did close about control already. Wow. Wow. Why do you not always talk about the the macro? It's very good. Uh because sometimes the macro is a bit um yeah, how do I say that? Yeah, I'm not saying irrelevant, but sometimes, you know, we're just inside of two areas. We're just in the middle of of something.
Okay, it's not as um important to us because we can just you know wait for the confirmation on the lower time frame and give us some setup that we can trade like the range manipulation is what we have been trading a lot for example lately where you mark out the previous daily volume profile you manipulate the previous daily high or low. Now once you [music] do that uh you look for the reversal confirmation PC VWAP blah blah right that's that's one setup but there are moments when you get to these these these lows okay and that's when things start to become very important Now I'm kind of regretting my my buy at 64.
Not going to [laughter] actually no I don't I don't regret it at all because I know the confirmation could have been there. What I do regret if I saw that and I had this I should have just closed it right at the port of control knowing that that will be in resistance. There will probably be resistance and then re-enter above it. Not waiting for the rejection. Hoping that it will break and then it's coming back and then still closing of course profits but uh lower than uh what we intended.
But now we have actually the actual confirmation if you close above the uh high. So yeah, that makes all the difference though. on your training care. What was your biggest draw down in percentage? You have successfully recovered. I personally think that it's so much more than just making money. Um I don't know. I think that when you are a major draw down and you recover it, I think there also is luck involved, right?
Cuz there are moments in time where it's no longer about managing the trade, it's about hoping. And when it becomes hoping, you are in for a lot of surprises, unfortunately. So [music] um when it comes when your trade goes from well-managed stop-loss placed risk um you know predictable risk management etc to I hope we turn around that's the moment when you knew when he knew he up that's that moment okay that's that moment when he knew now you try to avoid that as much as possible Did I had to do a draw with a major draw down in my life?
Absolutely. So that's where I'm telling you like you don't want to live that life. It's too stressful. Okay. It's a miracle I'm not bold by the way. I just have good genetics I guess because like otherwise I would have been bold if not already gray at the age of 30. You know what I mean? So that will be um that's how I should have looked like okay if it wasn't for my uh my lifestyle. But the reality is that >> [music] >> um it is so unnecessary.
It is just so unnecessary [music] to turn your trade into a trade. Just just try to avoid that at all cost. Just accept your defeat [music] and move on. There's so many more opportunities. And by the way, staying in draw down for a longer period of time, you know, is not always about, you know, trying to recover that setup. You know how many other opportunities you miss out on? Like the opportunity cost of being in draw down is actually even worse because funny enough when you are in draw down you see the best opportunities and you can't take them because you're already in in a trade.
You're already stuck in a trade and you can't take the good trade because you're already in another trade. Yeah. So it's not just about oh recovering your loss. It's also about missed opportunities that come after that. So sometimes it's better to just get rid of your trade and continue [music] to work on your process. >> Okay. Uh man, >> this is the breakout of the breakout. Hey, look at that volume as well. Is this then the moment my friends?
Is this then the moment where we can actually look for the continuation here? Is this then the CE confirmation? Oh man, we've been waiting for that moment already for a while. Okay. And it could definitely be the one. Yeah. And you think, oh, wow. Why Why are you taking a long? It's already so high up. This is all about perspective. We have been consolidating for a long period of time. We are now breaking major resistance.
We closed above it. Um there are moments in time where I don't really care don't really care about uh about that too much. Okay. The V area is a good level to look at. So um >> yeah. 91. Um, already setting a limit there at least. Actually perfect. That is actually perfect. Okay. Listen, listen. Yeah. Uh where will my stop loss be? I think we'll we'll put it below the um below the previous candle right there. That that means it's below the very low uh sorry the very low the point of control the previous weekly point of control.
So many levels. This did Training View just update this by the way. It looks like it. Mhm. Yeah, I think that this absorption on the 5m minute is is real. We have that closure above it in 13 seconds. If we do close above that, yeah, then I'll probably just buy and hold it. The risk is is okay. It's decent enough. Uh yeah, we did close above that, right? Okay, I just buy. Okay, it's fine. Risk management is uh decent enough.
Uh stop loss is going to go there below the low. It's the same amount of risk I guess you usually take. Okay, we're looking for the larger break today and the larger break. The previous daily high is one target. Obviously, the previous daily high is the target. That is uh going to be important. [music] Uh for the rest, I have to kind of wait and see. I'm actually not really going to put ATP right now at the moment here to be honest.
Going to observe. Okay. observe price. No targets today because the macro is just uh getting a little bit um getting very important here. Just going to give this a little bit of a breather. >> [snorts] >> man. Asia is just in comparison to New York uh a whole other a whole other uh entity. Unbelievable. The Asian session. Absolutely. A whole other entity than New York. Yeah, New York is somehow New York has changed, my What can I say?
New York has changed has changed a lot since uh actually I would say Trump came to office I guess right since the news since the since uh whatever Iran you name it the whole thing changed a lot. It did change a lot. It is. It did changed a lot. Yeah. Uh but it's a higher time frame. Yeah, 8 hour obviously bullish right now. 4 hour. Uh same um look at the futures chart as well. The 4 hour has been holding up quite well.
Same as the 8 hour as well. So yeah, we're we're looking pretty strong right now on the higher time frame. We are in that major support like we talked about. Yeah, it will be a compression. It's we're still in a huge compression. So we have to acknowledge that obviously right now but we are reaching that support we are coming out of an undervaluation and these are the moments when gold can just keep going right and especially if it breaks [music] above uh that very area and the most important level in my opinion the previous weekly PC the previous weekly point of [music] control let's see what the dollar is at dollar is reacting the ys are reacting dollar still bit neutral.
Uh previous daily highs right is um is sitting right here the 43 What? >> Previous daily highs. The previous daily highs are sitting at 4303. All right, we have our uh 15-minute closure as well. Did you went to the Dubai Expo? No, I did not. I'm still here. I'm still here focusing on you guys, focusing on my trading, working on my craft, continuously trying to improve every day. Just doing my best. All I can do any reversal signals?
Not really. Are there some good MMA gems in Bali? There are definitely some good MMA gems in Bali. I mean, I don't do MMA um but um you have um Soma Fight Club, you have uh MMA or boxing, that's a different story though. Yeah, you have different you have different ones. You have different ones. Come on, let's push. We have that closure now. So we want to see a little bit of a push right now at the moment. The contation above the value area high.
The point of control of the previous week is already a closure. We turn that into support. We have been ranging for a while too, right? This is not just like um a break like just a breakout. We have been ranging for a while. We have been compressing for a while at the bottom. I think we're trading above that. Yeah. what will be the target? Uh I mean obviously the the previous daily highs is something that we are watching just regardless that's already um that 100 pip move.
[sighs] Do you always trade breakouts? No. I do not. Not always. We trade pullbacks as well. It just depends on the context. I guess it depends on the context. We have right now we are dealing with a CME reversal play. The CME reversal stop loss goes B is below the very low after consolidation. What is your favorite setup out of all of them? Uh, it depends on the condition. It really depends on the condition. It depends on the market because in different conditions there are different setups.
This is the number one thing that I've learned is every condition has different rules, different setups. uh our goal is to predict the reversals to predict the consolidation periods larger consolidation periods and when we are aggressively trending that's also another example when the intraday is trending not just the internal week or now the intraday is trending different setups occur so in an intraday stand trending environment I look at low volume node pullbacks in a ranging market we look a lot of we look a not to like the the range manipulation place.
And then we have things like reversal plays. And these are like the CME plays like we're doing right now. In the last couple of weeks, the only trades we have been taking almost almost the only trades we have been taking or range manipulation setups. That's pretty much it. That is pretty much the setups that we have been taking on the stream. There was pretty much nothing else that I could look for besides that. Yeah.
Dang, we been rocking the range. Yeah, exactly. We have been rocking the range place. Exactly. True. Yeah. So, let this hopefully be the first CME reversal. Okay. Where is the previous daily high? It's at 4303.4 and our futures is at 4338. Yeah. Another No music. There's music. >> Can you guys not hear any music? Okay. Give you guys some Afro House. Okay. Uh big bubbles, big green bubbles. We closed above them. So there is a lot of volume coming with this move.
Our stop loss is right here, right below that. This is actually purposely done. It's below that order flow confirmation as well as below the value area of that consolidation. We also have the VWAP right there as well. First target could be the previous daily highs. Okay. you can then um either take profits or you decide to hold on because this is one of those moments in the market where it's maybe worth it. Up to you.
There is a risk involved if we reach our target. if we reach our target that we then potentially will miss out on that um on a bigger opportunity if you do decide to take profits. Um but it is probably a good moment to manage a trade at least or take profits depending on what you prefer. But that is the 4303. So let's see if we can get there. Yeah, the market is is slowing down a little bit. I do see it too. But at the same time, I'm looking at it, I'm like, bam.
But I don't see any um actual reversal things happen. I don't see any strong buyers failing candle closing red. I don't see like strong absorption there. I don't see um any major levels getting broken or something like that either. So, I'm like I don't see anything that really like oh that looks that looks bad or we might have to look for a deeper pullback or whatever. I don't see it. How many screens do you have? I have one screen actually.
It's a big one. It's the Odyssey G9. It's already very old right now, actually. It was brand new when I got it, but it's now already pretty old. I think it's like 5 years old, but it's the best. So, it's such a good screen. I mean, I wouldn't want anything else. For me, it's perfect. streaming setup on the left, on the right, you guys in the middle. My trading screen on the left. What else do I need? When is the next closure?
Yeah, in like 2 minutes. Let's just close above it. That would be nice. Closing above the actually we have a good entry because our closure should be we should not close below pretty much we should not close in draw down on that 50-minute candle in my opinion. Otherwise, we could set a limit order lower and get out and set it lower uh at the 4322 on futures. Where is that on um on spot? But it's not necessary for now, of course.
If you close, especially if you close like this. Um that is yeah, at like the 20. So that's probably going to be around the uh the the PV P. I might do that. But for the rest, it looks pretty um pretty decent so far. I mean, there's nothing really telling us that we should uh do anything. So let's see the vibe is coming in now. Ah there we go. Last seconds right of the closure 17. That's sneaky. It's always how it goes. last minute.
Yeah. Okay. Okay. So, we do have a little bit of uh resistance now. Now that now that we have this 50-minute closure, we can kind of see that. Okay. Like I said, was perfect. And of course, and this is what by the way with if you trade order flow, this is something that you can learn, something that I've been looking at as well is how many times when you trade order flow specifically, how many times do you see that in the last minute, I would say the last minute of the 50-minute candle, uh the volume comes in and the actual the actual move happens.
So, we might have a bit of a pullback here. Are we not overvoided on the 15 minute? Uh, in breakouts, we are always overvoided. Breakouts. Breakout trades are always overvoided. But there is a little bit of a different nuance that comes with breakout trades. It's a little bit of a different nuance that comes with it. >> All right. So, why don't you use five CFD accounts? With copy trading, you would make a lot. Some accounts don't have consistency rules. you talking about pop from accounts?
I mean, um, I already have my own accounts with no rules [music] at all, zero rules implied. So, for me personally, I don't really uh really care too much to be honest. >> [snorts] >> don't really care too much about it. >> I have my own accounts. I can connect my own accounts to it. >> What is going to be the level though for the for the potential support? It's going to be yeah around about here the 22 if you have to pull back now.
Not on. Sorry. The 2020 futures not on spot. [laughter] The 2020 futures. It's close to the VWAP as well. Does your course and indicators include any updates to come with the lifetime action in your discord? I don't have a course. I don't sell like courses or something like that. I don't really believe in in courses. I do believe in like a program where you guide people, but I don't believe in courses because I think that's a bit too uh too much waste.
All right, we're going to tap into it very soon. So, let's see what happens here. 22 on futures. Uh if we close below the VWAP with with a lot of volume, a lot of selling pressure, the delta is very red, very negative, uh we may maybe cut the trade short, but let's see. The 22 is the most important level of futures that we're watching. which is um this gap actually this low volume note actually it's this area right there this is the level so that's what we're watching right Almost there.
You enter because of FOMO. Nope. No FOMO. It's um it's literally the setup right here. right there. It's actually extremely indepth by the way. So, um yeah, uh that's that's just what what we do. We follow exact processes, right? All right, we're there. So, we we should we want to see some sort of reaction here, though. [snorts] Uh, I think we do. So, that's good. Okay. Uh, where is the VWAP? The VWAP is sitting right right there.
I don't want to really tap into the VWAP to be honest. I want to stay above um this range, this candle or the PC of the of the same range that we were uh breaking back above. morning res PC is at 4295 on my chart which is exactly where it rejected. Why is it different than yours? Uh what uh broker are you using? What broker are you using, my friend? Pepper stone. Okay. Um well, look at this one right here. Look at also the future chart.
We are dealing with the break above it already. Also on futures as well. Also, if you look at the current week, we just broke above like a low volume note. We want to stay above that area. So if you look at the current week, it's right here. So we have this used gap. We have the point control of the week. We have the the break above that. We have this gap right there that's at low five note. We mark out that area and our stop loss is below that zone.
So, this is also another layer that I kind of try to work into is to put my stop loss below that uh below that low five note. And if I would be stopped, that would be an invalidation because if that's the case, then I think that we're just going to drive back down and I think we will be trying to come down to that support again. if that's the case. So then I wait and I would look for another another trade later on. your stop loss is way beyond the RR range.
Uh the risk is the same. The target is actually bigger. So this is actually a bigger target. This is not just like uh this is this going to be more than a one to one if this plays out. Uh why consistency is the hardest part of trading. I think because people don't follow setups, don't follow processes. They treat every trade like a different trade in terms of they could be taking a trade one reason because of this reason and then another trade is because of that reason.
And I don't think there's any consistency in their uh processes. For example, what we're doing right now is we're just focusing on trading the setups that we know and trading them every time continuously. And if there is no setup, then there is no trade. Of course, different setup have different rules, but they're all tested. Asia session has been weird the last few days. Oil yields and oil change in direction suddenly causing issues.
I think that Asia has been really good to be honest. I really enjoy Asia. Like we have been doing like I don't know guys I'm not sure if you guys have been enjoying it but I think we have been doing really well and we're really enjoying the Asia session so far in comparison to New York. I think Asia's 20 times better at the moment. Uh the thing is when we're we're dealing with like major reversal plays sometimes it is uh the the price action can be a little bit tricky.
That's true. Like when this is a good example, right, where price is, for example, [snorts] uh trending down. We're still in a range, but we're kind of trending down. We're getting to that major support on the higher time frame. And we're looking for the reversals, right? It can happen that sometimes price will come down again and again and then it will actually make the real move. But I'm willing to take a couple hits if needed.
If like in this case I'm willing to do that because I just know that overall especially from my Kako perspective right now at the moment knowing where we are knowing how we are you know undervalued as well knowing where we stand that we could really get towards potentially a new breakout period for gold soon in Q4 and the timing in my opin couldn't be better. It couldn't be better. So, I'm actually trying to see if we can get into these reversal setups at the bottom, especially of those ranges.
And if it's not the first one, maybe the second one, but in the end, if uh and that's why I'm saying I'm also willing to hold on to them and I'm never really doing that, right, on the stream especially, I'm usually a bit uh you know, against that. I'm always about in in conditions like these to take profits. But when we are reaching that climax, I am willing to uh give it more time. Uh this uh this zone is actually holding up.
So that's kind of the zone that I want to uh protect. I want to stay above it preferably. Bud says it broke. Yesterday's highs, do you think it will go break and hold or could it go back to the previous range? Uh, yesterday's highs are actually here. They are at 4303. These are the Asian highs actually. Yeah, these are the Asian highs. Are you in a trade right now? I mean, you can see it on the right, right? It's on the right side of the same panel.
All right. So, we're in that zone right now. You can see that this is that zone. And like I said, I wanted to receive a reaction from it. That actually could have been a really nice entry, by the way, as well. looking at it back, it could have been a very nice entry. The thing with breakout trades, um, you never know because if there's volume, price can go and it can just shoot up and it can [music] continue to move up higher significantly.
So, it's always a little bit of a tricky situation. [snorts] Uh what do you feel about oil? Uh oil currently is in daily supply. So oil is actually in daily supply right now at the moment or in daily resistance, whatever you want to call it. So oil is in the daily daily supply at the moment. Uh dollar is holding up. I guess it's kind of flat. It's not strong. I mean, it's ranging. The youths are holding up at resistance, higher time frame resistance though on the monthly time frame, which is actually crazy.
We got all the way to that high at 4.25%. So, yeah, that's pretty crazy. What was the result of the last 10 trades? Uh, the last 10 trades. Yeah, I need to look back. But, um, I mean, last week we had four wins and one no trading day. Um, and then we had a win, one loss. So, we had five wins, one loss, right? Five wins, one loss. Okay, we're almost back at our entry. So, um, if you say, "Listen, I don't like it." Just get out then, right?
Just get out the trade. Or if you took it because I took it and you say, "I don't like it." Then just get out when you're at your entry or right now when you're close to your entry. Is that session indicator indicator uh generic trading view one? It's actually something I did create indeed myself. Uh it is an indicator. You can find it I think if you type it in. I think someone recreated this which is public. You can also go to settings, you go to events, and then you click on session breaks.
Okay. And then uh you can see the open and close trading there right here. You see that 6 p.m. to 6:00 p.m. New York time. So, are we going to get out the trade? No, I trust the setup personally. Could have got a better entry. We could have got a better entry. Could have got a better entry. However, um the thing with breakout trades is it's very hard sometimes to predict, especially when you see the momentum being that strong and that volume being that high.
It's hard to predict that momentum uh sometimes, you know, but that's why we said we want to hold this zone that I marked out, this box right here. You see that? That's that box that we marked out in the order flow. We said that's what we want to hold right there. Okay? But if you say, "Oh, I don't like the setup. I don't trust it." Get out. I'm not here to force you in anything. I'm not here to I'm not your, you know, you're not obligated to do anything, right?
I'm just doing what I think what I want to do personally. Yeah, it is definitely clear that if you do manage to break out now um this time that you want to manage to trade at the previous daily highs when the previous daily highs are taken. You can take uh so out some profits and then leave it leave a runner for example. Leave a runner and that's what I actually willing to leave a runner and see if it can get uh anywhere beyond you know our our initial targets etc.
Uh it is important now that I would love what I would really love to see now is that we actually close above this high on the 15-minut time frame in 5 minutes. So I do want to see that right. I do want to kind of close above this high here. Not above the Yeah, pretty much above the body of the rejection candle that we've seen here. So, I want to close above the top body of that candle in 5 minutes. That's what I would prefer to see.
Uh, do you think mechanical strategies don't work? I do think mechanical strategies work. Of course, I know a guy that develops all kinds of trading bots that are profitable. Uh however what I've noticed that a lot of these trading bots especially in this in these kind of conditions right now uh are running you know [music] with a positive expected value in a year. So for example they make money by the end of the year right so these are profitable trading bots but there are also periods where the trading bot is not performing well.
So there are like periods like where it like comes down for a couple months where it's just like stagnating or it's dropping. Okay. But the positive expected value is bullish. Okay. Okay. Remove them please. Positive expected value is bullish. Okay. >> So that means that pretty much when uh when price is dropping for a couple months when it's not performing well. Okay. Right? That is kind of the period where u where you can kind of see that these trading bots are actually uh not as effective or as efficient as we as humans can become because we can be very adaptable to the condition.
That's the difference and that's why if we would trade the mechanical strategy ourselves then we also have to deal with that two month draw down period for example or three month draw down period. I don't think a lot of us mentally right will be able to handle that personally. >> So I prefer to just wait for a price to just uh you know for the condition to shift and adapt to the condition and to trade the exact setup that we look for to that condition.
The hardest setups are the reversal setups. They're harder than range trading range setups. They're harder than um trending setups, but they can be extremely rewarding. >> [laughter] >> Man, just break it though. Wow. Yeah, we had a beautiful retest. We actually had a beautiful retest right there. That was a very beautiful retest. Why was it such a important zone? Yeah, the zone was important because this is where we saw a lot of volume coming in.
You see that also 1.5,000 contracts, right? So, this candle had the most volume today since the open. This is the open. And we shoot up that zone seem to be holding. That's our like control point right now. But gold does not want to break that, right? It does not want to break that high right there. So paces I guess to see if it gets broken. But it's also pretty clear to see that if you if you break this and we close below that then it's better to get out the trade.
So that's actually a good example of then it's better to simply just get out and um get out with lower u with a smaller loss I would say if that would be broken. But for now we're holding this as support. We're just not strong enough to break the resistance either. So we're just kind of in the middle of nowhere. Uh when would you be looking for sells then? I mean that means that simply price has to then just break it, close below the very low again, close below the VWAP.
You want to see the point of control shifting to the upside, not to the downside. Um, in the meantime, and then yeah, you can start going again, but yeah, we could start targeting, you know, new lows again. That's just the reality because you have a full breakout. Yeah, that's a that's what a reversal strategy is. In this case, we're looking at the semi-reversal, we will be dealing with some of that sometimes. So that's okay.
What we can say though, if you do break the highs here, if you close above that high that we just talked about, right, this is what what I said. We want to close above that body of that reversal candle that we saw here, the top body. If we can do that, we'll probably go to the previous day he high. But it's pretty clear to be honest if we do break that low that we just talked about that zone and we close below it that we will be um cutting the trade short because that means we'll probably have to revisit the lows and um we saw a full breakout because if those buyers are in control they're in control.
This is that candle that we're seeing. This is that box that we're holding. So if we close below that, yeah, that means that we lose that uh that momentum for real. Without love. Are we closing below the 4289? Maybe. Let's see where we close this. Right. If we close below the VWAP on the actual charts, which is actually not this one. I think it's a bit higher. I think it's this one if I'm not mistaken. Uh no, I think it's even higher than that.
Yeah, then maybe I will close it indeed. If you close below this box pretty much like you will see it on the order flow. It's better to get out then. >> Why would you go break even if you would take out his daily highs? That would be the the first target, the previous daily for highs. That's actually a good moment in my opin to to get um pretty much get some profits out the market and leave a runner. There are two puppies sitting right below.
Yeah. >> [laughter] >> Tell me what you do. >> I have a question. Yesterday the market closed with a D profile. So with a D profile, don't we usually look for reversal from the top of the profile? We're talking about the previous daily >> very high. >> Yeah. So that that is actually another another area but for us we're dealing with a range a previous consolidation period which kind of removes the timebased structure to more of a fixed structure.
So we had the range right here. Then we had the drop. We consolidated again and we broke above the value of that range. And that's what we're kind of respecting now, right? The value area of that range. So that's kind of where we're holding that support. So, we don't want to lose that zone in my opinion. Personally, we're kind of hold above that. And in the order flow, we have a beautiful amount of buyers there. So, this was when we started to break out.
This is where the most volume was traded 1.5,000 uh contracts. So, that is that zone that we want to hold right here. really don't want to break this because then you lose the momentum of those buyers and you trap them actually. Okay, now they're protecting a position. That means if you would close below the VWAP, you would lose they would be stuck. They would be in that position where they're no longer in control. Now that's where we turned into support.
That could have been actually very good entry as well and then stop loss below it. You know what I mean? like that. How does it call? It's called the Axo Charts. Okay. It's like it's like an orderflow platform. I mean you have all kinds of different orderflow platforms you can use for gold. You can use um ATS software. You can use Chiara charts. You can use uh [music] deep charts. You can use the AXO charts. I mean there's so many different ones.
I just like the Exo charts. Our whole elite is using the Exo charts. We're all using the Exit charts. It's very nice. It's very easy. Everyone has the same thing. Looks at the same thing. So, it's very nice. That's nice. Um, my friend 460 Okay, now this is the third time. The third time in a row. Is this then going to be the time, my friends? What do you guys What do you guys think? [laughter] Is third time the lucky charm.
Uh what's happening right now? We're seeing a little bit more selling at the top. So negative delta negative delta negative delta negative delta. What is interesting though if you look at it is that the selling actually where the delta is negative right minus 100 - 128 right here that means there are more sellers than buyers in that candle more aggressive selling than buy. Okay. uh the volume is also lower. >> Okay, the volume itself is also lower.
You can see that the buying volume is higher than the selling volume. The buying volume was here 1.2 1 point 1.5 1 and then sellers came in more aggressively than buyers. >> But um yeah, Vime is slightly lower. >> So we're not really see I don't see the reversal signal here. Yeah, I see that we are stagnating, but I don't see us, you know, reversing yet. >> What I would see as a bearish confirmation is breaking this zone and closer below it.
So, yeah. Catalan. Hello my friends. Almost got out this buy from yesterday during New York. Just put stop loss to close like $2 and I got a stop loss hit and then it went up heavily. >> Yeah, that's unfortunate my friend. >> That is unfortunate. But again, that happens sometimes. That happens too sometimes. But it is unfortunate when it happens, of course. >> Getting your stop loss hidden and it goes right perfectly to your entry to your to your take profit.
Ducky now says that's why I don't trade with stop loss. Why I wouldn't go that far? I wouldn't go that far. >> Okay. >> I wouldn't go that far, but I guess sometimes, yeah, it happens. [laughter] All right. Uh, yeah, low volume. That That's all I can say. Low volume. So at the moment it's really waiting for for something to happen here. Um >> nothing really has changed right now. Like the most important level to break now is that high is that body high that we talked about for contation.
And if we are invalidated, we'll probably see an invalidation below this zone. That's all I can say. It's this one right here, the VWAP and that area. That is that U reversal um confirmation. That's when we need to get out trade if that's in case there is just not enough firepower to continue the momentum. Z live. Hi Lorenzo. It's now my three month of my mom explaining to me what you're saying because I'm deaf. Damn.
Wow. Thank you for your streams. Thank you, man. I appreciate that. I appreciate that. >> Damn. >> That's beautiful. It really is beautiful. You see, we got we got good people in the chat. We really have really have some really nice people in the chat. I really really do appreciate that. Wow. You know, sometimes it's hard to realize it when you're just, you know, yapping to yourself, but you know, there are some really, really good people in the chat.
Absolutely amazing. Yeah. >> Understand my hand. I keep my hand. Yeah, I cannot really do anything here. Honestly, we're we're literally above that box where we're holding that support. So, we're seeing that absorption. At the same time though, we are not able to really follow through here. So, I just have to be patient and see what happens. We have uh 15 minutes now. There's a new candle that just opens up. Heidi, thank you for your support as well, by the way.
I see you every stream every day. I really appreciate that. Thank you, Heidi. Uh, what is we made on the streams? Um, I mean I think we're pretty we're pretty good at doing what we do best right now at the moment. We have been u we've been really really on point lately. Really consistent. The account is still sitting at a high right now, the stream account. So I think we're everything is on point. It's just continuing the process every day following up.
Same setups, same things, same same structure according to the structure. We have our setups according to the setups we execute and manage. And uh yeah, man, just keep doing this every day until my my objective is completed. There will come a point where I decide to retire at some point. I've been doing this for a long time. Hundreds of streams, right? Years of streaming. But also, I'm very grateful because we made a lot of improvements.
I know why people are obsessed with buying gold. Gold has been going down for several days due to interest rate increase. Also, the buyers in a higher time are clearly bearish. That's why we are why we are chasing the reversals. Uh yeah, multiple reasons why we have been shorting the whole week and the previous week we've been pretty much no previous week actually been longing, right? Previous week more longs than shorts actually because we had this whole move to the upside for a couple days.
Now the previous week actually were long more. >> But uh yeah, yesterday we shorted indeed gold around here around that same level by the way. Uh but now we're looking for longs indeed. And the reason why personally is because we are [music] we are in a major level. I'm watching this level for a while already. Uh we have been compressing. All right. So we're kind of breaking. We're compressing. We're getting tighter and tighter and tighter and tighter.
And this is where actually most people lose money because we're getting compressed. And we're going to see the breakout. We're going to break out soon. We're going to see an expansion. I guess and it'll be interesting to watch which direction because you can't predict directions. So, we're just, you know, we mark out our parallel channel. We have our zones. We know we're getting to an expansion phase very soon. But, uh yeah, we're definitely reaching the bottom now of that uh the month, that higher time in the month.
And we have been undervalued already for a while. And we just showed you how important undervaluation actually is. you watch the beginning of the stream the analysis they understand that if you trade and you see this happening on the stream or you see some structure like that there is a chance that we will create reversals and that that's when I'm willing to look for reversal patterns reverse reversal setups I would say if the market is not ready yet then it is what it is and I also know exactly when I'm when I will be invalidated now at the moment when I'm just not correct about the current move and I wait for another opportunity later.
So for me like of course I I do want this to follow through. So, I wanted just, you know, gold to rip and set in the shortterm reversal back towards the previous range highs here to find the resistance again. But if it if it can't do it now, then I'll wait basically and I'll wait for another opportunity later. We're back in our zone again and the VWAP is sitting right here. So we I know for a fact that this is now the the invalidation point.
So if we would close below that then I will probably just cut the trade. I guess if we hold it though, then uh we might come back again and try to reach for that same level again. And you can see how it's reacting again. We'll talk about it. 7 minutes. First time that we're going to test the VWAP. We're now to coming down a bit deeper into this zone. So, if we close below this, I'll probably cut the trape count, my friends.
Reduced my risk because I can see that that was actually the moment where really buyers really took control with the highest amount of volume. So if we close below that zone, uh it just shows that gold is not ready uh yet >> and that will most likely end up more in a longer consolidation period today cuz we're going to also deal with the previous daily range which is right there the very high our stop loss. If you want to keep the stop loss, the stop loss is below the candle low, which is actually the very high and that low volume low that we just talked about on futures.
So, if you're really committed, then that is that low volume low that we talked about. We want to hold above that, right? And that is actually a good level of support right now. That was also a really good area of resistance beforehand. By the way, if you look at it right here, you had all that support, all that resistance. You see that inside of that low volume area, all that support here, all that resistance there.
And yeah, now we're there. still reacting from a vivop. Getting back to that area. Uh for the people that don't know my tra my trading terminal because people asking about my trading terminal it's always going to be on the right side. >> Maybe I'll do it like this for you guys. >> Yeah, I think we uh we're going to do it. I think the market is not ready yet. You're also live on Tik Tok. Someone put it in there. Really?
Send me the send me the link, please, on Instagram. Would love to see that cuz I have an idea. I think that I think I know who's behind it. I think I know who's actually behind this whole thing. So, I'm going to go a deep deep dive. Yeah, >> it's pretty interesting to watch that though on Tik Tok. But yeah, send me on Instagram the link. I would love to see that actually. Uh what about the daily power of control? It is still low.
Interesting enough, we're still below it. >> We're still below it. Yeah. Yeah. We're at the previous day I have yesterday. You can see it right there. Yeah. Our stop loss would still be below. Was thinking about cutting the trade, but we do have this area as well. And we do see another reaction here. All you actually sent me the link. Okay. Thanks, man. I appreciate that. >> Let me see that. Um I'm trying to open that link right here.
Yeah, there isn't like someone the Tik Tok links, you know. This is proof that I have to go live on Tik Tok myself, right? This is there is no doubt. I guess there's something happening there that I'm missing out on. >> I guess let's see. Yeah, interesting enough, we we didn't close below it. The VWAP is actually holding. So, we're planning to close it, but actually we're holding there. >> Oh, yeah. You are right. Actually, I see it.
Yeah. This is like a stream from like two years ago. It's crazy, >> huh? >> Yeah. It's like old streams. >> Yeah. >> No, I thought it was like from now. Okay. No, it's like old. These are like old streams from like two years ago or something like that. Okay. Yeah. So, we reacted from the point of control and the VWAP right here. The reaction is actually decent. Henry Golder, good to have you on. Scan the QR on screen if you want in with the rest of us. >> Scan the QR on the screen.
What is that? Don't Don't scan the QR code. Don't scan the QR code. No. No QR code. It's all BS. >> That was a good one, by the way. It was a tricky one. Almost got it. Almost fell for that one. Wow. I just want to do a lot of VB, man. Yeah, I just can't see the buy momentum coming in here to be honest. I can't really see it. Also, the low volume not will be hit very soon. We are falling back into the um into the very area of today.
We will have support here again. So we we know where our stop loss is at. Like it makes sense to put it there. Uh we're just losing momentum. We're not really following through. Um kind of waiting for this now. Last thing that I want, of course, is to close the Fridays in a uh in a loss. Overall, the week has been overall okay in comparison. Still could have been worse. I mean, it's not the best week. Last week was just a killing week.
This week was not as good as last week, but still good, but still okay. But a different market a bit. And I think Monday will be similar. I mean, if we stay below this this zone, below this structure, then we'll probably have something similar on a Monday again. So, you have to we have to be um aware of Mondays, too. Yeah. Yeah. I think this is uh this is just a dead end. We didn't close below it. We actually got respected at it at the end of things.
We actually bounced from the VBA, but now we're breaking again the second the second candle. So, this might hit go straight to our stop, unfortunately. I think it's okay if that's the case. I will try again later. Give it, I guess, a bit more time to develop and try again later. Uh, yeah, the polic has not shifted up yet. Or did it? No, it did not. It's actually still lower. Yeah. Okay. I guess that led to a fil breakout, my friends, today.
It's not over until it's over. But um that doesn't look that that that clean right now, right? We were also getting accepted inside the value area of yesterday. Um this is actually more of a range manipulation setup if you want to call it that. But the point of control has not shifted to the upside. So if the P control doesn't shift higher, that is also not as short for me according to the to the playbook like it was yesterday.
Yesterday was a prime example of a of a clean trade. Uh but in this case it simply means that I think we just have to if we close below this especially again we just have to cut down probably to the P lows again and go for the lows again I But we'll take it. We'll take it. If that's needed, then it is what it is. And we'll take it and we'll go to the next uh the next stream of following up with it. Do you actively look at crude oil?
Yeah. Well, clearly oil is dropping. It's not oil. Oil is not the issue here. It's not oil. It is the uh the 10 year, I guess. uh and the dollar. My suggest is to go back to the to the analysis in full. It is actually interesting because yesterday we did trade it the opposite. Yesterday we did actually we waited for it exactly that and we took a short. Okay. But I explained in the analysis of why today I wanted to see something different and what I'm personally aiming for today instead and why I decide to go long this time and not short like yesterday.
But you can watch that back at the beginning of the stream so you understand the nuances. Maybe it makes sense. Maybe it makes more sense of the thought process and the setup that applied to that as well. of course in that in that circumstance of why we took it. So you should have all the context to to understand why I also said many times if you say if you don't trust it if you don't believe in it then get out. We had a couple opportunities to get out in [music] profit or break even.
So if you decided to stay in like I did then I expect from you to have that full commitment and understand that this is a process of of um a playbook setup that we follow according to an analysis. So I expect for you then to take full responsibility as well. So it's important to take this all in account and in consideration and if we get stopped we'll move on to the next trade. Yeah, low volume note. Yeah, we know that u we have a low we have an LV sitting right there.
Our fut is actually a bit more clear of why we're reacting here. So, our stop loss is pretty much below that area. >> So, [snorts] we know where to put our stop losses. That's for sure. Up above. Yeah, low volume notes. Low volume notes indeed are reactive from it. And if we close again above the VWAP, yeah, I mean, it's still not that closure below that area that we talked about. Last time as well, we had the same thing. kind of teasing us a little bit.
That is also why the loss the losing streams are usually the ones that take a bit more time because um sometimes I get I rarely get stopped out right away. Right. It just takes some time. [laughter] is it gets there and then it doesn't and then it finds support and then you know because we we put it strategically but below those levels that matter and we know that regardless if we're wrong we have those zones those levels in between.
The annoying part is though that like it will then test that zone five times and then it breaks it for example eventually or whatever. But that's why you have a zone like that. It's to protect you from getting stopped out in general. How many green days versus how many red days? Uh, I think we had 13 green days and five red days. if I'm not mistaken. Oh no, actually break even. Sorry. Break even day. Break even day. 13 green days, four red days.
Yeah. 13 green days and four red days. Actually not that bad if you think about it. they're right there. Yeah. 13 green and five red. 13 green and five red days. Uh we're going to talk about the rest as well a little bit deeper. >> But yeah, it's not bad. It's not bad. I mean, it's not the best month. It clearly is not the best month, but like it's not a bad month. Let's be honest. >> Obviously, if you uh if you have today, yeah, it's going to be a bit unfortunate.
I do agree, but yeah. Longevity. The problem is longevity. You should come here to this stream, my friend. When we win, okay? Not only when we lose. You're one of those guys. You're one of those guys. You know how we call guys like you, son? What is that thing called from the Lord of the Rings? How how what is that like troll caught on the Lord of the Rings? That like how do we call that? That Lord of the Rings. Uh that that that that little that little troll.
How do you call that one? Lord of the Rings. >> What is it called again? It's it's it has that um what's him called? What's him called? Colin. Yes, we call guys like that golems. Know what I mean? They only come when we're losing. So they come 28% of the time they come to the stream. Yeah. 28% of the time they're here. Little golems. Just losing. Lance is losing. Ah, the what was your biggest loss of the month? Uh, biggest loss of the month was actually Monday.
Yeah, >> Monday was the biggest. And then again, look at that. By the way, do you see this week, by the way, what happened? Two times in a row, the Mondays. There was something up with the Mondays and then the Friday, right there. So, there's also something up with the Fridays. Okay. Interesting. this month, the Mondays and the Fridays. In this case, it's actually also Thursday the 10th of September. I don't remember that one.
I need to look into that. I don't really remember it. Uh I do remember Monday, of course. And I do remember everything last week as well here. Yeah, especially the Mondays, I guess. I'm not a Do you think that this low five note will hold? Well, it it [music] seem this is exactly >> this is a little bit where I'm like mwah. Okay, I'm going to give it a bit more time, but I might in depending on what happens right now with this candle, but I might decide to close it if you don't see any buyers stepping in. uh to be honest because I'm not willing to uh watch this going on for another two hours where I'm just waiting for my stops to be hit because what I notice is that price then test that low volume multiple times but then there is no buying volume coming in.
So yeah, we're holding support, we're getting an absorption, but we're not we don't see buyers stepping in anymore, right? We we're kind of we're losing that momentum on buyers, aggressive buyers stepping into the market. So if this takes on a little bit longer, I might just cut it, reduce my u my loss. Um so I want to see buyer stepping in. Okay, this is the hourly open. So the hourly candle has just closed. So preferably what I want to see right now is obviously more volume to come in and also a little bit more momentum right from buyers in general.
Just a little bit more firepower and we might get that still because we did close relatively relatively well the last 50-minut candle. We see a lot of sellers >> entering at the bottom but not succeeding. So, we might we might even get there still. Let's see. >> Stop loss was strategically placed, but you do want we do want to see the buyer stepping in. Where are we holding support? Well, we're holding support in three areas actually.
So, we have the low volume node. We have the point of control of the range and the VWAP all at the same time. We closed above the VWAP and the point of control while we tapped into the low volume node. So that's why our stop loss is below it because we know that our stop loss should be there. Like if we are invalidated then that will probably be taken out and if we get invalidated and it we will be taken out I guess then um we'll probably move um lower Why is the win rate only 55%.
Well, actually the win rate is one thing, right? But the problem sometimes is that you have a couple of break even trades in your back end cuz this is all imported from my MT5, right? Immediately you can't adjust it. You can't delete any trades. This is all imported. So the problem with this is that it also imports the automatically it also imports like the smaller trades the the the the minus $2 trade for example right and that is then counted as a loss so that's why the win rate is actually yeah lower but it's actually not the real win rate so I would prefer to look at it from a perspective of green days versus red days okay now with one red day of let's say $100 All right, fair enough.
But let's still count that as as one as such, right? Then 13 versus five. Okay. And that is still around 72% right roughly speaking. And I think that's pretty decent for the month of September because in the month of September if you really look at the actual um you know you actually look at the structure of September and you look at the open this has been the market condition that we have been trading right here. At the open that was actually pretty good but then it started to become much more of a um [music] yeah expansion.
It became very choppy. Yes, we trended down, but it was very choppy right here. Right. Very tight, very compressed. And then again, and then we had a little expansion and again little expansion. Right. So, we're dealing with a really compressed uh range. A really compressed Yeah. Um, call it a downtrend, whatever you want to call it, but very compressed. So, a lot of ranging in between. So, I think we've done decent.
I think we've done very well. Now, we're heading to the end of the month. I think we've done very well in the month of September. And I hope that October will be more of an expansion period where we actually break out. And it's and it looks like we actually could, you know, we actually could see a breakout. I'm not here to predict the breakout being up or down, okay? But what I can say is that the market is compressing, okay?
And we are going to experience a breakout soon in either direction, but that will become more of a trending environment. I don't care if it's up. I don't really care if it's down. Okay? What I care about is um a trending market, like more momentum, for example. Now, if that's what we're going to see in October, then I expect October to be a better month for us, which is already better in my opinion than uh than this month.
So, I'm actually very happy. Yes, but you do have the margin to handle draw down. If you can't handle or you don't have the margin to handle the draw down, then you should not be trading because that means you simply just, you know, especially not trading every day. Then you should just be focusing on the setups of which you believe have the minimum amount of draw down, the least amount of draw down. And you should just focus on those setups and not trade every day because most likely those setups, they're not going to appear every day.
They're not going to be there every day. Okay? They're not going to be there every day. They're not going to appear every day. So then you just focus on the setups that have the least amount of draw down. Okay? If you say I can't handle the draw down, then trade the specific setup, which is not going to happen every day where you know that's where I have the least amount of draw down. You'd only take those setups. Yeah.
So, this is actually something that we don't really want to see, right? Let's be honest. If you bounce here and you come down again and the momentum right now is a little bit more bearish, right? We're even though we're at that support that we just talked about, then you don't really want to see that. Um, you don't really want to see that happening here. What is always unfortunate of cutting trades short is if you initially place the stop loss.
Let's say right here, you decide to close it early because you don't like the structure and you suddenly see an injection of volume coming in and it shoots back up your entry. Yeah, that's going to hurt a little bit. But at the same time, I'm still working on the data myself. This is something I'm tracking right now from the streams because every stream I have like a little recap. I write things down according to the data.
I then look at okay how many times when I cut a trade it actually did still play out or not for example and under what setup under what condition was that? Um so for now I don't have the exact data to back that up yet. That's one of the only things that I'm still like working on. Like what happens if I close early? And because it doesn't happen a lot, I don't have a lot of the data yet. So that's what I'm still like accumulating. >> Uh Delta green.
Um >> wow. Zero volume. This has 458. So this is that candle right there at the bottom. And that is the bottom I think of this 5 minute. Let's go to the five minute. Is it in the wick? Yeah, it's in the wick. In the wick of that candle. LZ, is it fine to take a trade in any session if if the trade isn't textbook on gold? Yeah, I think so. I think so. For me personally, I have seen um certain setups occur, but you're not going to always find the same setups.
You know, during London and especially Asia and New York have completely different setups, especially Asia and then New York because with the Asian session, you deal with the open of the daily candle, the daily open, so the development of the daily candle. And with the New York session, you deal with the closure almost, right? You're dealing with already a developed daily candle. So that that just shows there are usually different setups that occur to that, right?
Usually, I mean, a CME trade like this is kind of universal. It happens. It could happen in every session, but the range manipulation that we talked about that we traded pretty much the whole week. Okay. that range manipulation trade that is pretty much um happening only in Asia, right? >> That pretty much happens only in the Asia session and then nothing else. Because you usually tend to take it out during the AS session.
You tend to manipulate the highs or lows. Yeah, this is the second hourly candle I think that we closed already below. How many trades do you take a day? Maybe around two. Two to three max. Never higher than three, I think. Never more than three trades a day. And I think that's already a lot. Personally, I know there are some guys that take like, you know, 50 trades a day. And I'm not joking when I say that. I actually know guys that do that.
Um, that works for them. It works for them, right? Some people, they have a high frequency kind of way of trading that works for them. For me, I think two or three trades a day is actually more than enough. And actually according to the setups that we trade, I don't even see more than that. [music] More than two or three. More than two actually most of the time. Yeah, again a similar situation I think as Monday my friends where we had that like um long consolidation with low volume.
So the initial move was high volume. That impulse move was high volume and then it was a very low volume. Are you a perma boo or perma beer on gold? That's very tough to say. Um because it depends on the context. long-term, micro micro wise, obviously I'm more I'm I'm super bullish on gold long term. That's why I personally like gold so much as well from that perspective. I love trading things that have that potential in them, that actual potential.
Those those rallies where those rallies can happen once in a while. What's up, okay? Yeah, this is what I mean with not seeing the buying volume coming in. So, we are indeed reacting from our low volume note. We have our levels, right? We are at the VWAP, etc., etc., etc. If I'm not mistaken, we are reacting exactly from it. Yeah, we are kind of like an annoying place to be cuz you do react on the VWAP. You do hold below or above the the the low V note.
You do respect the value area low of that range. So you have that support. You have all that support. But you don't see the B form coming in. >> Brad, see you next week, my friend. Thank you for joining. I love your support. Take care. How does it feel guys to sit there better. Little bit of draw down. We can handle that. I lose a trade here and there. We can handle that, too. All right. We're here together. Going going through it.
[laughter] Can we get V indicator today? Yeah, we will. We will do that. >> We will do that. Okay. No void in the next 30 minute closure because this is usually before the 4 hour. When is the 4 hour candle closure in the order flow? Let me see. It is in 30 minutes. Okay. Yeah. That means that the volume should be increasing in the last 30 minutes. So that means in the next 7 minutes when we have the 30 minute closure, we should see the volume increasing.
And if we don't and we're around this level, I'm um I'm I'm I'm done. I'm done for the week. I'll I'll cut it. I'll cut the trade short. Yeah, exactly. Are trading capital? Uh, yes. Are on my own capital. Our risk per trade now is roughly between I mean on stream I think $1,000 a,000 to 1,00 500 like the average is 1,500 I would say per trade sometimes a bit lower sometimes it's more like a th00and And sometimes a bit higher.
All right, 5 minutes. We will wait. We will be waiting. I will be waiting for the 30-minut closure because I do know that this is the last 30 minutes of the 4hour candle on the order flow here. And you do usually see more volume coming in. Rattata tammon after saw your trades having been draw down. Why don't you wait for some pullback before entry? Um we have a lot of rata taman. We have a lot of pullback entries on this channel where we set limit orders as well.
Well, this in particular was a breakout trade where we followed up and wanted to at least target the previous daily highs to then manage to trade stop some break even at that time. Yesterday we were actually not doing that. Yesterday we're actually shorting and we're waiting for that pay push and then shorted the reversal. So actually yesterday we did the opposite and today I I expected anticipated according to the structure a different uh outcome.
Run it. Your stop loss is my TP. Well if that's the case then it makes sense that your TP is there. Well, I actually would then put your TP lower if that's the case. That's my personal opinion. Yeah. So, and that's what I was kind of waiting for like the V kicking in and I was hoping to see the other reaction because we had these trap sellers sitting there a little bit the bottom Yeah, we'll look at our PN PNL calendar in a second.
Just wait for this uh trade. Uh, did you just post a buy signal in Telegram? Is that not your group? Nope. No. There a lot of fake Telegram groups. Are you going to do a monthly recap? Uh, by the end of the month, we will for sure do a monthly recap for 100%. Yeah, we'll go over the full breakdowns and things like that 100%. We'll do it >> for sure. >> All right. Yeah, this will be stopped like if we close like that then um we'll set in the bottom wick and we'll get stopped out. low not broken I guess as well.
Yeah. Well, pretty much pretty much on the uh on the other one it definitely has Yeah, be careful with the Telegram groups and things like that. There are a lot of fake groups out there, you know. It's just easy to um use someone else's name and build a fake group out of it and scam you out of money. So just be careful with that >> And they can look very good by the way. They can look like real groups. A lot of people Yeah, it is true that this week and this month indeed it is true that the Mondays and the Fridays were a bit more um of a mess.
It is true. We'll look at the data in a second here, >> but it's not every month like that. Let's see. Yeah, this happens all the time, guys. So, don't worry if we are close to getting stopped out and then the last pip we flip bullish. This is very normal on this stream. Don't worry about it. We're going to make a pullback and then we're going to drop. We're going to drop again. This is very common. We call it strategic stop-loss placement.
One pip away. It's very normal on this channel. I said it before many times over. If if you want to stop me out, just stop me out immediately. Just reverse. Say, "Okay, Lorenzo, you're wrong." Well, guess what? If we strategically place our stop loss below these crucial levels and zones, especially in like um ranging environments and re reversal plays, there are a lot of levels in between always. Okay, bro. You bought off a double top on overnight supply retracement in bearish markets.
Yeah. Well, I also buy um and sell different occasions many times over where there's always another another structure telling us something different. You know what I mean? So, there's always another another opposing trader with another idea. And that's a beautiful thing. You have you have the creativity to build your own setups and ideas. Okay. Well, I'm happy to them because that saved us at least two hours of streaming.
You know that reversal. Okay, so that's a filled breakout. Filled breakout. CB play. It should be uploading to the calendar in a second. Let me see. Yeah. Wow, that was quick. That was fast. Okay. Yeah, like I said, if you didn't trust the trade itself, you have multiple chances as well to to exit. I followed I fully committed pretty much committed to the setup myself. So I was definitely looking for um obviously the continuation of that trade idea.
Okay. Uh let me take this trade here. Break out. Follow the plan. Uh see me play [snorts] at 4hour support parallel bottom of channel undervalued on the 4hour on the 4hour time frame. Uh no follow through at after fair high got broken after very high got taken out. Okay, perfect. Yeah, then that has been locked here. Yeah, Mondays, man. Monday, Friday. Uh we had it two times this month so far. Monday on the 7th, the 21st, and Friday now on the 4th, and the 25th.
Most of the the good old days were in the middle. The Tuesday, the Wednesday, the Thursday. Yeah. Our goal is really to keep us uh uh alive now for the the end of month closure, right? The last month of the the last days of the month. We have three days left for the month right here. Okay, we have the Monday, we have the Tuesday, and we have the Wednesday. So for me it is important now in my opinion that we we stay afloat and that the Monday of course will be a day where we have to really be careful because if we can break this range and we're still in this in this area right here yet we are at that higher time frame uh support let's say.
Yeah. Then I then I know that we're going to still have that same structure as what we have today pretty much right there as well. So I'm just watching that very carefully to see okay what are my expectations for Monday. I can't tell you right now what it's going to be like because I just have to wait for the New York to happen today to really understand what happens or London right to see where we stand really from that perspective.
Uh but for the rest I would say we just have to make sure that we just do that and make sure that the the yeah we end the month strong and I think we have done a good we have we had a good month so far. We just keep moving up with this and um every trade we have taken I think this month so far wasn't a was a playbook setup trade right and that builds the confidence behind the setup of course because if you don't have that uh and you don't have any confidence behind the trades and the setups that you take then you're going to get into that uncertainty you're going to feel like very uncertain like you're going to blame yourself for a lot of things and you're going to like you get annoyed quicker and you're going to make more mistakes and you're going to be less patient and you're going be more chasing and you got to, you know, and that's how you actually blow up your account.
So, in the month of September, I'm happy so far with results, but it does not mean that we can allow ourselves to slack right now in the next coming days ahead of us. And that simply means that we have just a couple more days left to end the month strong and uh to hopefully then head into the expansion period in Q4 where we can get into a breakout scenario. [snorts] And that's when we believe where I personally believe that the bigger the bigger money will be made.
That is not when the market is compressing like it is right now. that is when the market is expanding. Okay, whatever whatever direction it's going to be like. Okay, that is the uh the moment I think we will be seeing more momentum, more volume and also more consistency in direction. So I think that is pretty decent overall. Okay. And um yeah, hopefully October will be a better a better month even though September has not been bad at all guys.
I really have to admit that. I don't think that has been bad at all. Okay, I think this is pretty decent so far for a month like this if you ask me. Okay, so anyways, uh that that settle did not play out and we're going to just observe what happens next. Where is price going to be like? What is the point of control doing of today? We're currently still above it. We're not below it. We're still above the point of control of today.
It's actually very interesting. We have not shifted the point of control higher. And it makes sense because most of the volume was traded here. It was not traded at the top because that's when the volume dried out. So the volume is still below. So that's why I'm very careful with shorting h and things like that right now. Right. Okay. Now I hope you guys can see what what like real trading looks like. It's not always going to be a happy family every day win win or every day lose lose lose lose lose.
It's going to be um yeah the real side of trading. Okay, the ups and the downs. And what you need to understand is the bigger picture, right? The jour the journey that we're on and the process that we follow. So you can actually zoom out and look at objectively and not emotionally, right? That is what matters. You look at things objectively in this market, not emotionally. Okay. So to end the stream, what I promised though was to give you guys the stealth valuation index or at least to um many of you guys that are still now watching.
And I'm happy because the most people that left the stream right now, which also happens after winning trade, you know, you win and people leave the stream, the committed people here are still watching. So that's why we do the giveaway right now and not later or before because uh we always know that um the real committed ones are still watching and that's what matters to me the most. Okay, so let's do that. Uh what is the valuation and actually you guys already know we talked about this as well here.
Uh we've been using it yesterday. You look at yesterday's stream. Perfect example. Okay, in that context was actually for us a perfect example. Did it play out again today? It actually did. But I had did I had different plans. I had a different setup. I had the CI reversal setup in mind today. Okay. So yeah, you guys will get access to the stealthation index the tool itself. Okay. Uh what you need to do is you need to fill in your uh username of your trading view and I will give you access uh or I give access to 10 of you guys today.
Okay, we'll do this next week again. Okay, we'll do this next week again. Uh there is one guy that I promised that was Naim. You see, I don't forget that. You see that? I don't forget that. I remember names. Boom. You see, I promise you guys that. And uh I stick to my word, okay? I stick to my promise. Okay. Magic my friend, welcome to the stream. Live for Christ. You see, I see you all the time. You definitely deserve that one.
Nate, you already got it, right? Angel and Julian. Okay. Amazing. Edardo. Hey Edardo. Where are you? There we go. Hey Dardo. Yes. Do I see some familiar names? Do I see some familiar names? So many actually. Uh also not I'm only not going for the familiar names all the time by the way because some people don't like to talk which is completely fine but they do watch. They are consistent watching. Okay. We're just adding some people right now.
Can't find it. Um monkey marks. Okay. Right there. Two more. Three more. Okay. Three more. Let's do that. Let's do that. Let's do that. Let's do that. Any faces? I know. I recognize so many. Damn, that's tough. [laughter] That is not easy. Okay, John. Mr. John. Okay, there we go. Two more. Andres. All right. Can't find him. Where are the moderators? Georgina, do you have it by the way? >> Do you actually have it? Okay.
All right. You got it. Okay. Perfect. Okay. Last one, my friends. Uh, randomly, just randomly. Just randomly. Boom. Okay, this one. Big rattle hat. Okay, perfect. All right. And next week, we do this again. Don't worry if you haven't got it right now. We'll do it again next week. Okay, this was more than 10, I believe, by the way. So, yeah, we'll do this on a regular regular basis right now. Uh, yeah, look at what happened, right?
Gold has continued to drop lower. So, there was a guy that said, "Yo, if you are um" and that guy told me like, "Your your stop loss is my TP." I'm like, "Bro, that's wrong. That is wrong. That is not correct. My stop loss is at an invalidation point." Okay? If my stop loss gets hit, I expect price to go lower. Why would I put my stop loss where I don't expect price to go lower? Right? That's called an invalidation point.
So, I told it guy, "Yo, you should put your TP lower. I hope he actually did that, by the way. I hope he did that because um you know, that's how that works, right? Okay. All right, guys. Cool. Uh yeah, let's continue up with the process. Let's follow up. Let's just do our best every day. And uh this week was a bit more of a struggle. Um the beginning and the end of the week. Last week was a clean week. This week was okay, but uh not as good as uh the previous week.
We're going to have weeks like that as well. Let's close the week, the month strong. Three more days left for the month and then October begins. So that's it. Okay, we're going to do our absolute best to make that work to make that happen and just keeping up with the process and then we uh we go from there, my friends. Okay. All right. Thank you for all the love and support. Really appreciate you all. especially guys are still watching right now.
I do uh I wish you a great weekend and then we're going to be back on a Monday and then we'll we'll go back again to the same old same old rhetoric until we reached our objective. Okay, thank you guys. Much love and have a great rest of your uh have a great weekend, man. Do your [music] best. Heat. Heat. [music] >> [music] [music] >> Bro. Ah. [music] Ah, [music] ah [music] ah. [music] All right.
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