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TradePhantoms · @TradePhantoms
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33min
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Opening (first 30 seconds)
all right let's see if anybody Pops in all right Mr Green all right waiting for people to come in you in Brandon give me a mic check all right cool man hey Brandon can you do me a favor can you tell the rest of them just to it's not going to be the normal link just to go go live on the YouTube station just go in the chat because it's not the same one now tell them it's just
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all right let's see if anybody Pops in all right Mr Green all right waiting for people to come in you in Brandon give me a mic check all right cool man hey Brandon can you do me a favor can you tell the rest of them just to it's not going to be the normal link just to go go live on the YouTube station just go in the chat because it's not the same one now tell them it's just go in the chat tell them it's up and running and uh hop on so we can get started my apologies my apologies no doubt no doubt yeah just uh yep just tell them give them a few minutes to just kind of log in tell them everything's ready to go we're just waiting on them to uh come and just tell them to go to the YouTube page and just go go and we're streaming live right now we're ready to go wait for these people to pop [Music] in all right I see y'all trickling in we're ready to go I'm going to wait a couple minutes sorry for the delay and the confusion we are to I'm going to give y'all cuz y'all it was all it was kind of a a cluster so give youall a few minutes to get in all right here we go here we go let's find some trades we still got 45 minutes to look for some trades man this is uh No Nonsense trading so uh if you're in here right now uh and you're a phantom just go to the chat and tell the people that want it just tell them to get in right now um cuz I I had I had about 15 more people in here when we were in the other one and um most of them were members so if you could do me that solid there we go all right we're popping up okay morning Mr Green sorry about that um it's been a long time since I've been on YouTube I forgot that you had to switch the camera angle to a horizontal not vertical before you went into the stream don't really I don't have the chat uh I don't have a chat in front of me but I did see Brandon pop up on the chat um some of you just kind of chat just say what's up or something like that I want to see what what comes up on my screen uh so we can get this thing started I'm curious all right it doesn't it doesn't hold it for me but it shows me I see that Constantine what's up buddy all right let's go man all right so let's talk FX Mr Green here so hey welcome uh if you're already a part of the team then welcome back if you're not uh we're going to do some live FX trading using some big bank and institution uh methods supply and demand institutional order flow so what's up man all right so let's start with the trades we're in we're in two trades right now Aussie Swiss we did get the bump last night that I was looking for um I did make the right call by canceling the Aussie dollar trade we would have never gotten filled um so this is good uh let's just take a look at this overall structurally I like I was saying uh what's up Hamilton like I was saying yesterday in the live this is a great trade like we we wna we want to dig in on this look at this trade structurally and fundamentally I mean we're middle of the range on the monthly right we have a solid uptrend we just had a pivot where my finger is right we just had a pivot in a weekly demand level okay I mean how much sweeter does that get all right so we've got the uptrend we could probably you know we we're we we we were getting close to hitting that cell entry represents my T1 uh my take profit one we were getting close to that uh um we could probably let this run you know I mean I I don't even see a need to have a takeprofit there this this is a good trade Australia that CPI last night just furthered it um it was high their Central Bank is bullish so we've got the best of both worlds fundamentally and technically with institutional buying right now um on this trade I'm Pro I'm going to move I'm going to move that take profit up uh the we we want to hit our one to one at first but I'm going to move that TP up um I'm going to let that one ride a little uh my man James Smitty uh yeah we we this I I like this trade you know what's funny it's like a horse race though right I'll fall in love with the horse and then the horse will gas out on me right and then something that I don't think will be good will be good but I really like this trade uh I I will update the sheet um if if you guys want to you can tell them that I moved the uh the farther takeprofit up to basically the next quarter actually I just do it right now I can do it right now 6245 uh let me just update the trade sheet though so for those of you that are not a part of the team you're getting a free look but this is going to be too fast for you right now so you ain't going to be able to do anything with it but my crew out there my people that are part of trade Phantoms I'm just you guys know what I'm doing I'm updating the uh the far take profit to uh 6245 this is a great trade man I'm glad we got in this all right uh other trade to look at Dollar's giving us some trouble um we haven't broken out of that range yet ah it continues to plummet huh what what is going on right now so I mean we're yeah we're technically getting close to getting stopped out here uh the dollar is weak against all current I'm sorry the dollar is uh the dollar is getting hacked against all currencies let's go to a one hour right now so look look at the Aussie dollar right so it took off from the news the news played that if you look at every other dollar pair beside the Aussie right now okay they're all the the dollar is just G Steam and it's difficult to understand I mean remember you know sometimes I've told you guys there's no Rhyme or Reason why things happen if you go to the CME fed tool which we like to pay attention to a lot for the uh interest rate Cuts or hikes in this case cuts the percentages haven't changed by like 1% um there is one thing to pay attention to we're com to the end of a quarter I'm sure blue I've talked about this before I'm sure blue has talked about this as well well um we're actually coming up to the halfe mark so you know try to quantify everything you do in like numbers or whole numbers like I talk about institutional numbers psychological numbers right supply and demand zones uh you're coming to the end of a quarter at the end of June the end of this week the F Friday will be the last Sun uh Sunday will Friday will technically be the last day uh and that's the end of a month end of a quarter end of a year end of a half a year that could have something to do with it um I mean it is what it is but like you go look at you go look at euro dollar and uh euro dollar I mean that that the dollar is just strong across the board man so you know hopefully we get a flip we might we may we may not um but I'd say right now I'm not going to add we're I'm not going to add anything with the dollar so let's try to let's try to hunt out some cross pairs here so as you can see if we look at New Zealand Swiss New Zealand Swiss the New Zealand the New Zealand isn't really taking a bath right now the last five or six days it's it's more more of dollar of of the dollar gain uh New Zeal H it has a little bit I take that back uh New Zealand CAD I'm just basically what what I'm doing right now everybody just to give you an idea because I just want to trade right now okay I just want to try to find some trades lock in some trades get some stuff going um get the engine going if we look at the calendar today we've got home sales coming out uh so mortgage related news coming out at uh 10:00 a.m. you guys will obviously be in your session with Mr Blue at that time actual greater than forecast is good for currency so I'd say positive just don't use the word good positive so we obviously they're predicting 636k we want that number to come in weaker of course um it's a little screwy right now so I'm just going to give you guys a trick a trading trick here's the deal one thing I like to do okay is I like to just this is some like if you want to fly through 28 pairs fast okay if you want to fly through 28 pairs fast start on The Daily chart okay because that now now now now now now now take into now take into consideration this you are you have already mapped out your range and your monthly okay the more you look at things the more you will remember what the trend is but you don't even have to remember what the trend is right now you don't if we're just doing if we're just doing pullbacks or reversals you're fine so if you start here right let's for example let me show you what I mean all right so New Zealand CAD is coming into a demand zone so what do we do in a demand Zone do we sell or do we buy give me some participation because you guys are going to like this tool this is a good tool we sell or we buy in demand zones what do we do we buy right thank you Constantine so now Constantine will kind of reverse engineering it right instead of starting from the top to the bottom we're going bottom to top and we're not going to place a trade until we look at everything right but we're going to this is my point okay so we're heading into a nice little demand Zone we can even look at our basically I'm just reversing the process right because I'm finding out now we're at 8325 so that's a that's a that's a quarter bumper okay so we need to go look at this right now what do we have let's go to the weekly all right what do we got we have what kind of trend am I looking at right now looking at an uptrend right I'm looking at an uptrend and I'm in the middle of the range so if I'm in if I'm an uptrend and I'm in the middle of the range what is what is my call to action and we're going to take this trade because it's a good trade we stumbled upon this quick my call to action is by exactly now my point is this though my point is this this the reason why once you're seasoned and you and and you and and all you're like you know I could go through all my charts all my stuff go B right let's look for example here right like let's look at pound Aussie this isn't coming in this isn't coming into anything pure right now okay it's already Wicked down there and hit some demand so the point of starting low and going high is it saves time because like I can just look at this go no trade I can go to pound Cad and say it's it's not near Supply or Demand on an Institutional level no trade right so I don't have to so but all the other work is already done give me a yes if that makes sense if you're tracking I'm giving you a fast way of going through it okay now New Zealand CAD okay New Zealand CAD right now as I mentioned before is in a great buying opportunity so I I'm ready to take this trade you choose to do what you want if you want to take it with me all trading is done for educational only I have to say that my Phantoms know that but if you're not a phantom and you're in here you know a lot of y'all are goofy you know we get a losing trade and you you get upset cuz people are whiny you know what I'm saying you know know what I'm saying Smitty people are whiny man oh man imagine if we pick this bottom I'll be a hero if we don't I'll be a zero so I'm just going to dial down to some of my zone structure this is a good trade I know I keep saying that this is an easy one we stumbled upon something lovely here woo we're going to P we got a 30 pip we got a tight 30 pip stoploss we've got it covers the whole level on The Daily demand yeah let's get this in right now you ain't doing Tyler no Tyler I like the Knicks I I fell in love with Jaylen Brunson man he's a he's a dog and I I saw the Malik Bridges uh trade I like that no you guys are good man you guys are good all right let's uh let's get this trade in because we're we're we're we're fairly close to uh getting in no we haven't lost it hasn't made it back down to our to our number yet man so we're going to buy at at 8325 so right now we're placing in the trade so as I always tell you start start high go low sell or buy we're going to buy it's a limit order skip units available right now we're going to buy at 8325 no we haven't missed anything we it hasn't filled yet this is like the best of both worlds no expiry all right um what did I say 30 30 Pips 30 Pips I I don't have a far Target yet so I'm just going to write I'm just going to write a 100 we're going to alter that but let's let's go in and let's do our units now uh hypothetically let's just say I'm using a $50,000 account I'm doing 2% which is 1,000 bucks I'm just going to start punching in some numbers here to figure out looks like I'm probably going to be at about 450,000 units maybe more maybe 500,000 yeah so I'm going to do half a million units five standard lots I'm going to hit submit and the trade is in it's in now let's let go with just as far Target so for those of the people that are in Phantoms if you could update the chat just say green place to trade I'm going to put this takeprofit at this I'm going to put this takeprofit at this is this is a guys this is a great trade I re I really hope it does work because it's so structurally sound so we're going to go $84.95 on this right here all right right let me update the trade sheet yeah just uh in the chat if you could just say green just placed a limit order that's fairly close to getting filled um so let's go 06 what's the date is the this a 26 today right I think it is if it isn't then whatever I think that's Mr Blue's got something right there does he I think he does I get out of there I think Mr Blue I think Mr Blue's updating himself options trade uh 06264 it's a great trade great trade New Zealand CAD so right now if you if you don't know about Phantoms what we're doing is we're doing as I'm as I'm updating my pick sheet okay uh this goes I'm I'm going to talk a little bit about trade Phantoms in a second basically our Pro program starts with a complimentary class and then if you I got to go back and look at this what were we at 6325 basically our program starts with a complimentary class and then if you uh decide to move on to our program like a lot of the people in here are are actually members we do have a results based uh money back guarantee off of our picks uh certainly not yours cuz most likely at the beginning of your trading career you're not going to be that good no one wants to hear that no one wants to hear that but uh it's it's it's the truth so uh you know based off of our picks we will refund somebody's uh we will refund someone's um membership for the month if our picks are not profitable we've yet to run into that issue so that's all major AET classes at stocks options Futures Forex uh in this case I'm I'm the Forex guy so we're doing a Forex trade all right a the one to one still goes into Pursuit here so we got ourselves a 30 pip we got ourselves a 30 pipper 30 pip on the one: one uh I think we said 6495 on this so that's updated uh this is definitely a 2center trying to find one that's uh there we go almost done yeah someone could send that screenshot in the in the what's up chat that would be fantastic all right so we're done uh you guys set up your one to one on your own uh yes so uh Maurice yeah so hey welcome aboard we got started a little late this morning we were supposed to get started at 7:30 had some YouTube issues uh basically what happened was I got locked out of it I whatever we got started at 15 minutes later um every Thursday this Thursday particularly we're running a complimentary trading and investing Workshop uh we would love you to come by if you feel the need that you need to improve your trading uh just to be blunt if you're sitting here on a YouTube uh video me this early in the morning you probably do need some education and some training so if you go to trade phantom.in you click on register here and it will bring you it will redirect you to right here just going to do the log out thing I know I know I know I know I know I know I know all right so basically your workshop and there's a there's a multitude of there's a couple of us like me I'm Mr Green Mr Black will be teaching uh Thursday night um basically off the class how to ethically steal the big Banks trading strategy we're not stealing anything that's kind of a joke we're using you know institutional order flow right so when you hear things like Buy Low sell High be on the right side of the trade you know be where the big money is that's what we're talking about how to follow them so as as little Traders as retail Traders and investors we want to do our best to follow them to the best of our ability um just add put that information right there first name email number right you'll even get a personal reach out with me class about 90 minutes so it's 700 p.m. eastern time to I see that a couple of you already signed up very cool if you're already a trade Phantom obviously uh did I oh thank you thank you my friend I'll come back to this in a second we got trade trade oh I did yeah it is 6 oh it's 83 yo my eyes are going on me bro my eyes are going on me I'm 200 Pips away all right is that good I got that fixed right I thought that six was an eight I'm losing my mind all right we're good we're good we're updated thank you thank you thank you thank you nrj appreciate it definitely thank you um so here's you learn in the class how the markets really work so you know the markets work from buying and selling I know that sounds simplistic it is simplistic the structure is easy trading is not easy simple not easy right um how the markets really work uh buyers versus sellers okay where wherever there's more buying price is going to go up and that's going to be be directed on where the big Banks and institutions are moving their money so what we want to do as The Peasants the farmers right not that being a farmer is a bad job but you get what I mean the peasant Farmers we want to uh buy when they're buying and sell when they're selling so we're going to talk about institutional order flow how to analyze the market like a professional uh also talk a lot about multi-directional trading strategy okay uh that means up down and sideways have a strategy in all market conditions how to grow a small account into a large account by using leverage okay Leverage is allowing you to do more with less we're going to talk a lot about risk management okay how to uh you know how to how to use proper risk management and you know be able to you know be able to ah there's Mr Green right there be able to know the outcome of your trade before you actually get into it so um for gain or for loss so hope to see some of you in there for those of you guys that are already Phantoms you guys have already been through this so let's get back to the charts all right and I see a couple people signed up so I'll be looking forward to it we always have a good time in there um you just got a really you got you caught a break H you just caught a trade man guys how you feeling about my my for my Phantoms how you feeling about this one what do you think you like this I just stumbled on this man I I just I just stumbled on this I didn't have this pre prepared you I stop you guys know my watch list I started at the bottom of my watch list this thing is a thing I love it man Joe this is one of of those ones even if we lose money we're still going to be like dude good trade appreciate you guys getting up early with me uh let's go let's go let's go let's go all right so now we got to be realistic right we can't take New Zealand Swiss we can't take New Zealand CAD we can't we're we're actually in three New Zealand trades now because we're we're uh we um yeah and the rules and the ri the r to R is lovely man look at that thing what what is that that's like a 5 to one or something maybe more um and you know you're coming off bearish CAD news but I mean I I I like it man we just got to get filled and we're going and you know it's the beautiful part think about this we're going into the North American Trading session so that means we've got the Canadian dollar uh at work and then we go straight into the Asian session so I mean we're we're we're we're we're flying guys like this this tra is like I'll be mad if it doesn't work no I I'll be honest no I I I you never get emotionally attached to one trade but I will uh I want this one to work um all right so we're we're at the border we're definitely at the crust we can't take any we can't take any more New Zealand trades we're in on two dollar New Zealand trades and now we're in another one so let's just skip right over pound New Zealand let's get the pound Swiss uh all right so the the structure that some I see some of you joined us late the structure that I've been showing is is basically uh what I want you to do is start on a daily level but I already want I already want so we're going from instead of top down we're going down top I'm did I say that right top down bottom up I'm I'm I don't know guys maybe it's too early I felt like I was awake we're going to start go high instead of start high go low but your work on your high time frames on your monthly and your weekly is already done so what I want to do is I just want you to use common sense here put a line put a horizontal a at current price okay and then oh shoot we're coming into a supply Zone daily Supply because monthly weekly daily okay so if we're going to be in a supply Zone we're going to sell now we go to our we go to our weekly time frame and we look at it and we say uhoh we don't have a downtrend we actually have a broken uptrend which puts us into a sideways Trend so we're in a sideways Trend middle of the range what's the rule for that no execution right no trade give me a yes if that makes sense to everybody so we don't have the trend and we're not low on the Range and we're we not high in the range okay so we want so this is it this is this is once your ranges are I just want you to understand once your ranges are set up this is the way that I trade it's the same on the pound CAD I I I kind of skipped ahead here but I went to the weekly you're probably going to see a lot of this so this would be a no trade uh pound ay sideways Trend again middle of the range no trade all right you could also could also do it on the weekly if you wanted to all right you could also do it on the weekly if you wanted to so now we have a downwards Trend and we're in the middle of the range but it's New Zealand we're overextended on New Zealand so it's a pass Euro pound I just cancelled that order because I felt it's just pulled away too far that Gap let me tell you something guys that Gap freaks me out do you ever see gaps in spot FX come on when's the last time I've been doing this for for over a decade when's the last time You' seen a gap in an fx spot market right this ain't Futures this a I mean it Joe doesn't it kind of freak you out dude it looks like price has moved off of the Gap um I know our trade was set up at the top because I like that it was it's a wild card I mean you can't make this stuff up but yeah that freaked me out a little bit man that freaked me me out so Euro Swiss okay here we go we got an opportunity here downtrend middle of the range the call to action is buy is sell I'm sorry but we're long Aussie Swiss right we already went over Aussie Swiss today right [Laughter] um uh yeah I mean Constantine I I'm not hating brother I'm not hating we we're in a lot of that's what I was trying to say yesterday in the live session we're in a lot of trades right now so I'm like you know let's let's just take it easy right like we got we got a lot of stuff open next so you know we want to uh not go overboard we can't short this pair because we're we're bearish on the Swiss and the other trade so we're going to have to pass Euro CAD this would be a buy uh um sideways Trend low in the range and we could take it because we're long uh yeah I mean you know you know you know you know Constantine you know the beauty of it man is like you could suck at finding zones in your process at the beginning but if you're RIS risk management is spoton you're good the charting The Zone structure the the process that'll come and it'll take time it'll take time but as long as you I mean but now let's let's let's call call it what a call Spade to Spade keeping up with risk management rules is is emotionally tough right and taxing and that also you need to be seasoned with that you need to take some big losses unfortunately you need to uh you need to go through the through the bumps right but you guys get the gist uh this would be a buy I'll go down to a daily no I mean these levels aren't aren't pure guys like for example if we caught this first Wick down here a couple days ago I would have said let's go ahead on it take it we didn't um so we going to pass Euro Aussie okay Euro Aussie downtrend middle of the range is a cell is a sell and we can't and we can sell because that means we'd be be be I'm hitting the tongue twisters again we would be being bullish on the uh Aussie which we already are so this doesn't uh and we're not in any Euro trade so this doesn't count contradict anything I just drill down to a 4our level I don't know I don't know if I like this I know you guys looking at it and you're like that's sweet but let me tell you something when price hangs out that long at that level and then so let me let let's do some advanced stuff here let's do some advanced stuff let's walk through these candles right so if you're new if you're new to trading or you're new to what we do here we're following the candlesticks right candlesticks represent everything that you need to know in a chart let's walk through this okay downtrend clear clear downtrend no doubt right now sideways movement what's happening with price what's happening what's happening dur and this is a decent period of time these are 4 Hour candles 4 8 12 16 24 this is almost two days worth of of price action okay what's happening right here there's an equilibrium right of buying and selling right no one's really taking control buyers or sellers now let's just think of what just happened why did this red candle drop down like this what just happen those of you that that that that are trained should know why did that red candle just jump down like that because of the because of the news last night right yep no you guys are right I think I got a little bit of a lag with you guys yeah yep y you guys are right um so I don't like this these orders are chewed up is there a possibility that there could be some unfilled orders back here an imbalance on this uh on this on this drop right here sure um I wouldn't I don't I don't like it I've seen this story before so I'm going to pass on this trade um I don't feel great about it I know you've I know you've got a rally base Bas drop but it's a little deceiving because price had been hanging out here for a while okay so not something I really really technically do like U so I'm going to pass on it I'm going to go to CAD Swiss CAD Swiss is going to be uh this is a no trade we talked about this yesterday Aussie New Zealand we can't trade Aussie New Zealand we're already in Aussie Swiss go Aussie Swiss go it's going to be another good one going to be another good one and Aussie CAD we can't take CU we're in both of them we can't take the uh yeah that you're right you're right you're right you're right um we're done with the dollar as we can see we we we cannot put in any more dollar trades right now and the dollar is taking a ruthless beating right now I'm sorry it's it's beating us oh my God will this thing freaking turn around on us come on let's look at some Yen pairs uh yes uh Rachel sure so if you like what you see uh I highly recommend you come to the complimentary class you got a lot of people in here that are hey what up Rick you got a lot of people in here that are are actually already members okay and hey we tell the truth in here I'm down $1,500 on that trade all right but it's not stopped out yet so we'll wait for it to turn around hopefully uh but if it doesn't it doesn't you know we're okay um yeah so I'd love you to come by and check us out uh if you go to trade phantom.in and why does it keep doing this just trying to piss me off so if you go to trade fandom.com you come to our web page um you go to register here click on the register here button you can sign up for the complimentary trading and investing class uh we have one this Thursday all right basically following institutional order flow what that means is buying when banks are buying selling when they're selling um Mr Black's going to be teaching I'll be there to answer questions I'll be there to help as well um also I highly recommend that you check out Mr Black on Tik Tok Mr Blue also comes on here and does these things as well the intro class is a great opportunity for you to see if this is if this is for you I say that in two two ways one is trading and investing for you um and are we for you and then are you for us right so you know in any in any Walk of Life you want to have a good joint partnership right you know if you ask someone to marry him you better do your research or you end up like Santo and you divorced three or four times no I'm I'm just joking uh so in this class we'll we'll we'll we'll uh we'll talk like so even if you decide not to move forward you're going to love the class you're going to learn a lot I mean we got plenty of testimonials not just the people in here but on our web page um you know 90 minutes with myself and Mr Black uh you're going to learn a lot and if you decide to move forward outstanding if you don't you don't no no big deal um what you'll learn in the class Rachel is how the markets really work we'll go over buying and selling from a big bank and institution method how professionals trade doing our best as the you know the small people to follow them um how professionals analyze the market in trades all right so multi-directional trading strategy so how to make money in all market conditions okay talk about income versus wealth uh and then you know how to grow a small account into a large account by using leverage all right and what we will do yeah I'm talking a lot about risk management as well so yeah just go to trade phantom.in up which is cool um you'll get an email and uh you'll also get a text or call from me uh you don't have to put your number down if you don't feel comfortable a lot of times people like to talk to us before we start in um so that's one thing that we do like to do all right I do see Mr Blue so now for those of you that obviously know Mr Blue's got a session coming up at 8:30 I don't want to I don't want to screw with Mr Blue's time he's a very important man he's got some important stuff I'm sure he's all over whatever is happening today in the equities world so guys good job today hey we pulled one out uh we we we we we we pulled one out today um we let's just you know those of you that are just YouTube ninjas and Warriors and and never actually get any formal training you got a freebie today so but but you know it'll probably it'll probably be a loser should is should we should we dub it a loser if we call it a loser will that make it a winner what do you think what do you think guys any any any any any any any any any uh any uh K of voodoo tricks out here what do you think should we just say hey man that Tre is going to be a loser man ah ah knocking on wood all right man all right all right all right think PA Hey listen I told you right the best the best trick I ever learned in the industry was from this guy that was a market maker all right yeah hold on MC I'll answer that question he used to say boom he'd say bang on the table if you want the candle to go up you know jokingly um I personally don't trade gold my friend uh we do as a company absolutely we teach gold um but I'm a go I'm a gold freak I'm watching gold all the time I'll tell you why because I'm a big correlation guy with the dollar so the only reason my friend I don't trade gold I'll tell you why is because you can't trade spot gold in the United States if you're using a US brokerage um and I refuse to get an outside brokerage just because not trying to sound like you know not represent a lifestyle here my account is decently sized and I'm not willing to put it in another bank or institution that's not backed um by the FDIC um we look at gold constantly in here Mr Blue he would be the guy to take the gold trades but I do gold analysis do you want do you want me to do a quick gold analysis for you before we head off because I got F I can do it real quick because the other guys coming in here and teaching I I can do it really really quick if you want but you got to answer me yay nay hey say now I got no answer it don't matter gold Futures gold spot whatever you want me to look at a charts a chart my friend MC all right so I'll go over here look it this shows you it's in my watch list my friend trust me I'm in on gold all right it's in it's in my watch list and I don't even trade it I pay attention to Gold more than anything now I'm going to give now now now let me explain something to you first before before I get into the charting I'm a risk on riskof guy if you don't know what that means basically risk on riskof is a correlation okay that is going to probably hold water and work about 90% of the time meaning and if you already know this I'm sorry for repeating myself but I got to give you the long version of it risk on means it's just terminology risk on means equities markets assets gold all right are up currencies are down so the if in a risk on Market the US equities Market is going to be up gold is going to be up and the US dollar is going to be down okay flip-flop that risk off is going to be the is going to be the switch dollar is going to be strong Gold's going to be weak Market's going to be weak we are in a risk on environment my friend because interest rates are being decreased this year okay and we haven't even tasted the fruits yet because they haven't done it yet so we got more to come so if you're going to ask me right away from a fundamental perspective big bet now we don't we don't we don't we start with institutional water flow here yes but I will not I am there's no way in hell I'm going to short gold I'm buying gold I'm all I'm all day now I want let's look at a charting okay now you go to a monthly start high go to your high time frame you've you've recently coming off alltime highs you can see those candlesticks right like fingers man pointing pointing at the at the highs okay so we're the range is at all-time highs which is good you still have an uptrend it's been choppy lately okay but you still have an uptrend if it was me not giving you direct advice I would say I don't know how big I don't know what's kind of St because the the thing the thing my friend about Futures is this the contracts are more expensive if you can trade spot gold it doesn't really matter I would get in at Gold anytime right now and I would have a stop below this shelf so whatever that whatever that I I would cover this shelf right here so your R to R even from your RIS reward even from and I'm I'm going to I'm going to further answer the question if that's too big of a stop because I know Futures accounts can can you know future contracts can be expensive all right um right I I would have I would have a takeprofit at a one to one minimum and then I would be shooting for the moon you got to let this ride if you're like hey Mr Green I think that that's too much of a stop for me okay let's let's move the stop up to this pivot um I mean you're low right now you're low on ranging right now look at if I was to place this trade I would Market long it right now I don't I don't I don't know contract wise you know individually what you're trading with I know that's a pretty big stop loss but I would Market bu and i' put my stop right around there does that I mean that that's pretty good analysis man is that is that helpful I mean I don't think I could have gave you any more than that I don't I mean that was that was that was pretty detailed uh yes Renee uh yes so yes if you you yeah ABS absolutely Renee you're welcome I appreciate it um yeah come to uh trade phantom.of with a complimentary uh trading investing Workshop Lu at the Irish ah let's go my friend I'm not Irish but I dig I'm down man I'm Italian so uh you know we're kind of we're similar in manyways uh yeah if you come to uh trade phantom.in class just register for the class that's this Thursday at 7 pm Eastern Standard Time uh my Mr Black will be teaching it uh this week I'll be in there to answer questions though it help out um you can also catch Mr Black on Tik Tok on our Tik Tok page as well and Mr Blue as well um it's a 90 minute class guys it's a lot of information you're going to learn an awful lot if you continue to stay on with us uh we probably be offering a promotion uh this this Thursday uh for for membership if you don't hey no harm no foul right if you know if you're going to learn a lot I got enough people in here that are going to you know testify to that so um I want to get off I saw a couple of you signed up for the free class I look forward to seeing you in there guys I got to get off cuz blue is starting in 4 minutes that so for you those of you that are not trade Phantoms that's not something you have access to he's going live right now um yeah thank you Kim I I remember you Kim I think you're I think you're a follower of blue though Kim I don't see you in my classes you're not on the green team that's okay that's okay blue uh blue Blue's blue blue to me is the rock star I'm just the pop star and Mr Black is the Original Gangster he is the man I that's how it should be that's how it should be ah you got it rick you got it man all right guys have a great day trade safe be safe enjoy the day let it uh uh enjoy it trade well Mr Blue coming at you in four to five minutes I'm the best I am Rick you're right man all right people have a great day take care
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