Transcription
One thing to understand is that these live streams, right, the ones that, you know, we'll be doing during December, right, which which will be, you know, a short-term schedule due to the fact that it's December, right? It's the week before Christmas. And yes, we'll be doing a live stream next week, even though it's Christmas week and the week after, you know, until we go back to our regular schedule, January, right? Because it's Christmas, right? Tomorrow we have the contracts, you know, will be expiring, right? It's not the best time to be doing anything right now. You know, I will say this year over, right? Every year, it will be the same thing next year. You know, if you are trading January, February, March, April, you know, all of during the year, why would you want to be doing anything during December, right? You wouldn't want to be doing that, right? If you're passing your challenges, you're making money in some way because there's many ways to use the skill to make money, right? And of course, we all know January, February, March, the price actually will be more clear than now due to the fact that big money will be pulling their, you know, risk from the table, right? And this will be, you know, throughout every industry, not just the trading industry, you know, even in real estate, right? Anything else in farming, right? No one, you know, will be, you know, putting all of their time or or effort into, you know, anything right now.
So I have seen, you know, very good comments. I've seen a few, you know, bad come, a few, just a few. They're still here, still. People that, you know, still expect me during the month of December when there's not a lot going on, you know, that expect, you know, me to just be going full force as when I just started the year, right? You got to understand I'm human too, right? You're going to understand that you will be getting lifetime for free, right? That's the purpose of paying for the 12th month. Right? That's it. That's what it is. Right? So, you know, I don't expect anyone to just be, you know, in the market right now. You know, of course, you you should be locked in at all times, but, you know, this month, you know, you should be using it to reflect on what you know, how far you've come, right? You should be using it to reflect on how much you've made or almost progress you've made. Right? That's what you should be looking at right now. Look at you go through your journal. Look at the first charts that you, you know, drew this year. Compare them to your charts now. Compare your analysis from January to now. Have you grew that? Listen, this is a very important question. Have you grew? Are you better? Not are you the best. Are you better than you were in January? Do you see price clearer than you did in January? I'm 100% sure that you do. The aim is not to be the best. The aim is to make money, right? That's what the aim is. That's what you should be aiming for, right? And before you aim to make money, you must aim to become better. Yes, a lot of you guys are making money, but maybe some aren't as yet. And that's just due to the fact that, you know, you haven't put, you know, enough time into this as yet. You haven't poured yourself into this yet. And no, it's not the month to do so, right? It's not the month to do so. You do so mainly during February and, you know, between February and November, right? Summer months are the best in my opinion, right? And the month that that precedes summer months as well and the one that comes after, right?
As you guys can see that, you know, the markets right before, you know, we have the contracts expired and, you know, you usually get the volatility either on the day of the contract expired or the day before, the day after, right? It's a three-day window. Everything that I'm saying right now, it's important, right? I try not to waste my words, right? 2025 will be different, you know, different beasts operating differently, operating, you know, we'll be frequent as we were at the starting at the beginning of the year. Oh, that was sorry about that, at the starting of the year. I don't know why I said the same thing twice. But yes, so yes, if anyone has any questions, please ask now. Someone said they can't wait for the first action in 2025, it'll be good, right? Just as how like do you guys realize that, you know, you know, February, March, April, it's so easy. It was so easy. But as you go closer to the end of the year and listen, this was just due to the fact that we had, you know, US elections, right? So next year will be totally different than this year, right? The goal, you know, is just to have you guys be able to understand where price is going to go before it goes there. The goal is just to have you guys understand price, not just, you know, asking, um, can we get more? Can we get more? Can we get more? You're just going to be asking for more like forever. You need to find your model. Look at the ones that, you know, are successful. Look at the ones that you see that are killing it day in day out. Right? Everyone, you know, does something similar because there's not a lot of things, you know, that can happen for price to reverse. Yes, you'll get something that's new or whatever, but you need to just be focused on what you have right now. It's a lot, right? And you already know what you want, what you, you know, like. You know what you like already. So, you should use that.
There's this one person that, you know, he gets, he's really happy, right? He passes his challenges, he's happy. He he he always inboxes me. And when he passes challenges, he's happy as hell. But when he fails, he guess what happened? One trade is all it takes to blow his account. Come on. Like, you can't do that. You can't expect to always win because you will never always win. This guy will be on a five-trade winning streak and he's like, "Oh, I'm this is amazing. Coral theory is amazing." One loss, stop loss hit, account blown. Oh, why did this happen? Why did it happen? Because it's not going to always work. It happened because you're not going to always get it right. That's why. That's exactly why you're just using these things, these concepts, you know, just for less, basically less than a year, almost a year, but less than a year. You can't expect to, you know, perfect it already, right? So next year we'll be doing more exciting things. Doesn't make sense. I talk about it yet, but, you know, we'll be more active, way more active, right? Because now it's it's more that, you know, I'm more comfortable with you guys. I'm more comfortable to share certain things, right, than what I would be sharing with, you know, a group that's new, right? I wouldn't I wouldn't share certain things with people that are new, that haven't been here, right? People that haven't, you know, stuck around, people that, you know, haven't found success in any way or, you know, just people that don't like it here, right? Right? Because it just wouldn't make sense.
So as you guys can see that, right, this week, okay, just by looking at the economic calendar, why would we classify this week as low probability? That's like I'm asking that question just by looking at the economic calendar. There's one person I know that there are people here that are paying attention that know this. Why wouldn't we, you know, be really active this week? Not just because it's December. Three or more news days, multi-red folders, five of them, right? Whenever you see that, you know what to do, right? If it's, listen, if you don't have to, you just don't do anything. You don't have to, you don't do anything, right? And before anyone says anything, you can trade on a day that doesn't have a red folder as long as you have a cracking correlation, right? But whenever you have three or more days that have, you know, hyper news events like this right here, it's, you know, a no-go. You don't need to do anything, right? And on top of that, it's December. The week before Christmas. Why would you even want to do anything? You had the entire year and you have the entire you have next year, the year after that. You don't need to do anything.
So here is, you know, you can see right, this right here was a position candle, right after which we had price reverse. Remember what we said, right? We talked about, you know, we compared the Dow to these assets here, the NASDAQ and the S&P 500. Pay attention if you haven't been paying attention, right? Whenever you see the Dow, right, break away from, you know, the members of its tribe, its family, which is SM500, NASDAQ, right? So, it breaks down here on this candle. It's breaking down. These haven't broken down yet, right? What should what should you expect? What did we expect if you have been paying attention, right? We will expect a reversal and you can see that that happened. We also had SMT, right? But the important thing right here to see is not just the SMT, because that will come after, right? That's something that, you know, follows this. So we had the decoupling this candle here. This was still, you know, a close candle. This right here was barely doing anything, right? So what should you expect next? A large, you know, inflow of liquidity which will lead to what? A large range day, a long range candle, right? That's what you should expect. This is the same thing if it, you know, with any triad, right? It's the same egg sack thing. It is not that hard to understand.
And here you can see right, we first of all, we took this high up right, which if you guys can remember right, since we were here right, we expected higher prices. We did get higher prices. Then while we were here right, we had SMT here, then we expect price to drop here below to 50% of this range right here. Then we expected higher prices again while we were, you know, we expected price to reverse while we were going about this high, right? That's what we expected, right? So due to the fact that you guys right, you're the OG's right, and I guess that I believe that none of you guys will, you know, be sharing anything next year. The charts will be more detailed, right? Because the reason why they're not detailed in the first year is due to the fact that, you know, I don't want people to just be sharing the charts outside, you know, then, you know, have everyone reverse engineer what we're doing, right? So that's the main reason. So as we talked about the liquidity that we have below these lows and I believe that, you know, we'll see some form of reversal, right? Due to the fact that we had a this cracking correlation. So here right, you can see that we had the US dollar index, you know, form a large up close candle, the euro a large down close candle, and the same for the British pound, while, you know, we had this daily candle closing lower and, you know, this week just closing lower, right? Same thing for all of these assets which are related to the NASDAQ. So what do you see there? We see that the markets are in sync. Yes, the markets are in sync right before or right on the week of the contract expiry date, right? So, you know, we can expect everything to just be back to normal, right? This is the best thing that you can see a large candle form because there's one of two things that can happen. Price will either retrace and continue lower, which, you know, I expect these lows to be taken out, or just, you know, retrace and take this high out, right? Either of those will give what a setup, right? When you have price just, you know, being stagnant, moving back and forth like here, which was terrifying, like this was like some of the worst price action for, you know, this year right here where we had the weekly candles basically just doing nothing. Just stuck within a range for almost, well, probably over two months, right? Right here you can see that we have SMT between Bitcoin and Ethereum right at the the highs right here, right? And once again, you can see that the markets are in sync again due to the fact that we have the US dollar index closing upwards this week and we have the futures triad, all of all of them closing down with Bitcoin, right? Something that, you know, I am paying attention to is this volume imbalance right here, right? So this is something that I'm paying attention, right? This gap, I could see price returning to this gap right here. As long as this high stays in place, as long as we still have this cracking correlation here, right?
So, yes, someone's asking me if I'm going to take down some things from YouTube. Yes, we will do that. But yes, I hope that you guys found this useful. We'll be back again next week, right? You will be notified of the day that we will do. It will either be Wednesday or Thursday, right? And right, next week is Christmas, so it won't be, you know, Christmas Day, which is the 25th. So, it will more than likely be the 26th after Christmas, right? Not because I care about Christmas or anything, right? It's just that, you know, just have to, you know, make time for my son, right? I I lit I literally haven't gotten any gifts or anything or any decorations or it's just been work, right? And then yeah, obviously this isn't the only thing that I do, but obviously I will give this most of my time because, you know, I expect great things from those of you that have not yet found success, right? There's a lot of you that have, but there's some of you that, you know, haven't yet. And the reason why you haven't, you know, you you haven't been locked in. You haven't been paying attention as you should be, right? Listen, the people that are, you know, passing challenges challenges left, left, right, and center. Listen, ask them. Every day, every morning, almost every session they're on. If they're at work, they're on. Lush on their break, they're on. It's you can't just watch watch one episode, one lecture once and then you think you get it. You don't backtest. You have to. That's where the magic is. Dang there. I wish you stream more. We will. January is coming right around the corner, man. It's December right now, right? And even next year, this is the same thing that will happen during December, right? December is a time that we don't completely rest, but, you know, it's more like, you know, a half rest, if I can say that. So, I hope that you found this useful. We back. We'll be back next week, Boxing Day, sometime in the evening between 4 and 6. Have a wonderful day and a wonderful week.