Exhaustion, then the turn.Read bar by bar.

0:00 · Charles VincentOkay [unclear] you’re saying makes sense to you but you haven’t really explained it in a way that makes sense I think to anybody watching. Okay so okay let me just let me try to add context. Okay I know what you’re saying but just the the point the the to go over anything without actually step by step bar by bar is the same as when I just rip through a whole bunch of advanced techniques without actually drawing out each one for you. Okay, right, and like in that instance it would probably not be as helpful versus if I just went bar by bar. Yeah, right. So, yeah. Okay. The point is, let me just try to share this. Can you see my screen? Yeah, okay. So. The point is to. Once you’ve identified, I’m just going to start through the. from the beginning, if that’s the brick of structure, right? Whatever [unclear] frame you’re viewing it on, the key is then to assess is there strength or is there not strength that continues past that and then you proceed. And so what we need to identify is in all instances, bar by bar, is there a strong follow-through or a weak follow-through? Is there a decisive close or not a decisive close and this is obviously mostly supplied, mostly wick. So that tells us not strong and then this directly back into range also not showing momentum strength. The break up is this strong again, new highs or immediately control bar back down with less effort. That’s telling us failure. That is the definition of a swing failure pattern. Swing failure, control bar entry. And so as we go down, the point is to then assess what is actually taking place. Again, this is more of an advanced thing, but just as before we get started, we’re counting the waves to see one, two, three, four, five, where the rough distance of one would end, so we can roughly target it prior to it occurring. Now that thing, again, it doesn’t have to be a precise thing.

2:39 · Charles VincentWhen we’re identifying this, what you said in a slowdown, we’re identifying what is the Wyckoff tell that we are going down. Remember, we’re looking for strength or not strength. We finally see strength, but then the immediate tell, which is, in this instance, preliminary support, which is followed directly by a selling climax. that selling climax is the tell and so after that we have the what happens after which is it’s called a wall of worry but the point is that thing is a clear five-way structure now what comes after this is the real important part obviously for looking for a long and we can you know read the tape all the way up here but the point is as I was describing it and mousing over and and giving the directions to that make more sense. [unclear]

3:29 · StudentIt did.

3:31 · Charles VincentYeah, and so that’s all I’m asking of you.

3:33 · StudentOkay, yeah, and that was a beautiful example to roll out the Elliott’s wave there,

3:38 · Charles VincentIt’s perfect. Well, it should be in all cases, right? And so like the same instances, even if you just go right down to what this actually is [unclear] are we looking for, right? Are we looking for a, this is what a leading diagonal with an A, B, C, down to the order block and everything. It’s precision textbook, right?

4:01 · StudentAnd so what is that? It’s a sweep. What is that? Yeah. oh, I did the math on those two wicks, they are to the tick.

4:08 · Charles VincentYeah, yeah, but not only that, remember, what we’re looking for is not necessarily a break. It’s on different exchanges, there’s different, multiple would have went through and some not. The point is that this is a turtle soup, so multiple attempts, and then a failure while sweeping all liquidity and immediately control barring backup at what is the range lows, engulfing three candles high demand at sea extension like fucking brilliant so I entered full here but the point is is that wow these things are

4:45 · StudentNot as what’s

4:48 · Charles VincentThe word invisible if you just pay attention bar by bar and so let me see is anybody else here yet Okay. Hey, can you say something around just so we know your audio is good. Yeah. Okay. Okay, so I don’t know if the other whoever is coming, but small class again today so that’s good for you guys. So, let’s, I want to try to actually based on what we’re doing in class. there is things, areas for improvement.

5:29 · StudentJust one second, thank you. Okay, may I ask questions? Yeah, shoot. At the bottom of that move said that high demand is a good sign for a move up. Beforehand, we’ve talked about that maybe the price displacement and that the volume can be something that shows a strength of the move.

6:03 · Charles VincentSorry, just for a second, just for clarity, point at what you’re talking about. Like are you on my chart or Drew’s chart or do you want to open yours? [unclear]

6:12 · Student[unclear] the bottom of that movie you said that there is a clear high demand so that’s a good sign for a up move

6:22 · Charles VincentLet me just are you talking about the this one?

6:29 · StudentNo

6:29 · Charles VincentThe previous one I guess [unclear] selling climax.

6:33 · StudentYeah this one. Okay. Yeah. Yeah after after after the turtle soup

6:37 · Charles VincentYeah, yeah, so this is actually the zoomed out.

6:40 · StudentYeah, yeah, yeah, yeah, yeah. So right here. That one. Yeah. Yeah, that’s good. Okay. And what was it? it’s yeah it’s hard for me to identify that is it a good sign that we see the high volume and the constant amount of price displacement or is it a better sign if we see low volume but the big displacement because I seeing

7:17 · Charles VincentBoth concepts together and so there’s a difference that occurs we have to recognize what that so there’s exhaustion which is a completely [unclear] it’s almost it’s backwards from what you would expect textbook to print so for example when when there’s exhaustion we don’t need a lot of a lot of volume to actually move it up counter trend it just means there’s no sellers left in that whatever that phase is and so that is a very different thing than if we’ve just hit a specific area of support and then there’s a whole but like for example say we’re bouncing down at Bitcoin. And it’s exactly that $10,000 psychological mark. There may be a whole bunch of buyers there just because it’s a $10,000 mark and it seems like a good deal and it’s a round number like there’s. that’s a very different type of entry versus an actual after exhaustion, just requiring only a little bit. And so what I’m trying to get at is, at the natural extension of what is the end of the move, so if we can count a clear five-wave structure, which it says, then what we want to do is, [unclear] the fuck was that? We want to see a move that tells us that this is, at this point, remember, on the right time frame. So we have to roll through to see what is the correct style. So watch.

8:45 · StudentIn this [unclear] Charles, is it? Oh, sorry. Go ahead. Yeah. I was gonna say, is it also too on the right time frame, it shows that like, it’s just a beautiful schematic too, right? A Wyckoff schematic. Yeah, it’s great. That might help after the call.

9:01 · Charles VincentI’ll slap it on. Well, no, let’s put it on now. So the difference is, no, it’s a good thing you mentioned that. So these things are present in front of us. And so our job is to identify what is the natural resolution point of these things. And so let me just try to line them up. This is a more advanced thing to understand. but in this in this example there is a specific sequence of what is an Elliott’s wave count and what is a what is the tell of a break before an actual move so actually instead of this I’ll make it more clear so we have a sequence and this is a it’s actually a really cool thing to pick up if you’re paying attention to what the markets printing so this is where it gets kind of confusing if you only come on to charts every once in a while, and you do some practice on whatever, and it’s useful, it’s not useful. However, if you actually observe what it’s printing on repeat, it’s so much more valuable, because then you can understand there is a fractal playing out that doesn’t mean it will, but there’s a higher probability that it will, especially when it’s such a messy style range. So for example, let me just, I’ll start all the way at the bottom so you can see how this actually impacts. So this thing, and this is, we went over this in class I don’t want to confuse too much but it’s the truth so you must understand in all areas there is a difference I want to say easiest way to visually grasp this concept is gravity so there is less weight lower than there is higher if we’re starting a move there will be more pressure up then there will be down, like if we’re starting to move up. And so the point is that we can have these things recur except on slightly different slants. And so this was I think an eye-opening thing for Drew to understand when he saw how many times this specific thing, so if you just, I want you guys to look at this and then take your head and slant it, like change the skew, so you’re looking at this as the flat top line, so that this entire picture is flat, the channel is flat, and understand this thing has printed a whole bunch of times on repeat, and what it is is a sideways chop. There’s actually a sequence within here with an ABC and then a breach which is called an upthrust, and then another sharp and strong move down with a bottoming pattern that, remember this is almost identical to what’s playing out right now, that breaches at least the midpoint.

11:56 · Charles VincentRemember, if we’re looking at a, I don’t wanna go too far down the crazy rabbit hole, but if we’re looking at... diagonal, this is an area of resistance. And so it breaches, sweeps, and then comes all the way back down. I’m not saying it has to do that, but the point is we’re looking for an up thrust with what is the mechanic of a double bounce and then so much higher. And so just play that forward, it’s the same thing. It is a channel with an up thrust and then a double bounce and then so much higher. Same thing, channel, up thrust, double bounce, so much higher. Same thing. Double bounce. Again, what unpacks after this? I’m not saying you should bet all the chips on this thing playing out, but what I am telling you is that there is a specific sequence and it is a flag. And it is a flag that can play on a slope up, on a flat slope, or on a slope down. They are the same. Your job is to identify what is the actual internal mechanics, the wave count, of this thing that is the tell prior to the move. And if we can tell [unclear] one of the things I actually want to correct you on what you said Drew I wasn’t in the room, but I know What you meant [unclear] this is where it’s actually a really cool tell for beginners Especially because what you said there you said that and this is a I wish they knew what [unclear] was You said that this is a strong move that shows intention or something like this, right? What was your wording? Do you remember I

13:32 · StudentI it was there was force behind it it was there was a push you know I almost I would say even a fair value gap with that kind of effort being pushed down but

13:42 · Charles VincentYeah yeah but but the point is you do a specific word you use was it definitely made a intentional move or something like this like it was a [unclear] move that showed momentum or something right right yeah however yes it didn’t so within the confines of this range it did not and that’s a drastic thing to understand we are still making higher highs and higher lows and it did not breach any point of interest it tried but it did not That’s the tell. That’s how you read the tape. It’s not the what is the [unclear] little small print printing and oh my god scary scary. That’s actually how it wipes out most people before it’s actually moving in the direction that it wants to move in. It’s this thing is the liquidation cascade before the move.

14:40 · StudentAnd that’s our selling climax as well right?

14:43 · Charles VincentYeah I mean the selling climax as the wave count goes down as far as Wyckoff goes we see a PS and then a selling climax at the bottom the point is but wow yeah yeah and what you need to identify is remember this is all above support yeah right yeah like what is it what is the definition of a candle however strong that is immediately retraced 50% with so much less volume yeah that’s not strength to go down. That’s hitting a wall, a big wall. Right, so you can’t see it if you’re too zoomed in and you’re too zoomed in.

15:26 · StudentYeah, and the channel is a big one as well, right? Because at the end of the day it’s still making a knock.

15:32 · Charles VincentWell in this instance, the channel is to more identify that all of these things have been printing on repeat the same exact style. It is the move, the big fake out, the channel sideways and then up [unclear] again same thing it’s just on you can’t tell unless you’re looking across the right time frame but the most important thing is to assess what in all cases is the relevant support the relevant underlying support remember all of these things have been printing before the range occurred if you didn’t have a drawn you don’t have to but wouldn’t it be helpful to know what the selling climax was and where the actual, remember the meat of these things plays out to remember our job is to identify what is the area of support and did it actually go below it or not? Did it, remember the POC I had on this one for a long time, did it go below it or not? Did precision land on the POC, not go down further and then go up right like we remember that precision yeah precision yeah and so but you can’t see it if you assumed it on the 15-minute it’s just not visible this is changed since the the print but the point is is that the the POC was [unclear] right down here as far as I remember yeah and so yeah again even just decide to that like just take the thing draw what’s most important and see did it make any downward actual progress not within range past range closed past range right that yeah so do you guys understand what I just

17:11 · StudentSaid like Emad what do you think

17:23 · Charles VincentDid that help with context, Emad? Yeah. I’m not in the good thing I can’t see if his mic’s on or not. Did that make sense, Ren? Can you see that? Yes. Okay.

17:42 · StudentSo... Yeah, that was awesome.

17:44 · Charles VincentOkay, okay. [unclear] now what I want to do is two things so first I’m gonna tell you guys before we went on to this tangent the the thing that is so critical to cover it’s the same sort of analogy as the debate in an alien language but you must understand in all use cases no matter how you decide to trade if you go into any anything in any field and you’re looking at the page that is a block of information a textbook say with lines and paragraphs and charts and all this shit and you start by cherry picking something that catches your eye in the middle and then lower and then back and then up and then over you are fucked you must go through and digest the information linearly in the way that it was designed to be read in the way that it showed you is most efficient to digest. So for example if you’re reading this dog has brown fur you read it starting this way you don’t start at the end you don’t cherry-pick a word and you don’t go back and mix them all up it’s just from left to right one by one not two at a time unless there’s a reason for it like a contraction or whatever but the point is so many instances I’ve had to say just slow down and read the tape not in a negative way because you’re trying to read it but all at once you’re not a speed reader I’m talking to everyone including myself in the early days that’s what we naturally try to do is just digest a whole bunch of more information that we’re capable of actually digesting we need to stop slow down and go directly bar by bar and so I think this is especially a big thing for Drew recently is found out like you just can’t do it in every instance if you do that if you keep trying to do that no matter how long it takes months and months of just you know feeling like an idiot all you have to do is just slow down and put your left foot in front of your right foot and then your left foot and then your right foot and that’s it yeah and over and over

19:58 · StudentIf I could have you know had that for a top-of-mind you know something that I was able to really grasp on to in the beginning it would if it was months and even still you know it’s catching you know catching things and because there’s just a ton of information there’s a ton of tools there’s you know here you can go back years right so to have to you know dial in that focus and really find those areas interest yeah that’s just a absolutely golden

20:29 · Charles VincentPiece of advice [unclear] and so so now like just remember that this is a ongoing thing for for everyone learning how do you in what you just did there like the I wasn’t actually in the room for a lot of the time when you were laying up reading the tape excuse me what did you pick up to do better from what I told you versus what you did by linearly reading it by not going past the points of interest that I may have pointed out that you didn’t actually touch on that were critically details.

21:05 · StudentYeah [unclear] know really it’s it’s really at the point of the break of structure you know being able to focus like I would go back you know months I get when you’re doing your you know the high time frame bias and that kind of thing it’s different but once we actually get into you know focus after we set that break of structure. You know, from that point and being able to read the tape down, that’s been really the [unclear] biggest, I would say, the takeaway. And especially being able to zoom out because if it does look like, everything looks like very aggressive moves, to be honest, on lower time frames. But on the on the daily when we zoomed out to that, you know, it’s all wicks and it’s all support. So it really, you know, it quiets down everything when you’re doing your, you know, timeframe analysis. And I would say being able to really focus kind of around the break of structure after you’ve analyzed the area of interest. That’s probably been the biggest one for me. [unclear]

22:17 · Charles VincentSo my job, I am the disappointment panda. My job is to call all people out on as much as I can in the hopes of the most progress. And so this may sound harsh, but it’s the best way to deal with what you just said visually. So what I want to do is pick out a point in time that’s a relatively easy read, not too complex. They’re actually, again, I say this, but they’re all the same to me. But I think to you guys, more clear turns are simpler. So you just said a number of things, one of them being, as long as you are zoomed out and identified the areas of importance prior and are on the right timeframe, then reading it is much easier, right? Yeah. Okay, so what I wanna do, I’m going to choose a part that is that and so we’re just going to go to somewhere that you haven’t been looking at as much and see if we can pick something that is clean. Also I’ll show you if we finish up well either way if you guys remind me don’t if i don’t remember i’ll show you what i’m in now as far as the trade goes so you can understand what the likely outcome is and we can actually do a wave down like with with a larger group i would not be able to do this but because if there’s only a few amount of people because i don’t want to just give you shit with Providing a sell and a buy without context is fucking dangerous. And I’m not, that’s not why I’m here. I’m here to help you guys learn. And so can we make a lot of money together also? Yes. But only if it’s done in a responsible way that you’re not fooling and recklessly and doing the thousand X or whatever the shit with responsible stops. So this other point is, is that, um, what I want you to do, Drew, uh, so actually if you guys all can do this, We’re going to go to the, let’s start at the beginning of June 26 on link on a 12 hour. [unclear] At USD. Doesn’t matter the pair just pick something clean.

24:47 · Charles VincentAnd Emad, I still haven’t heard, did that make sense [unclear] I don’t want to skip past it. It’s a very important question you had, but I can’t hear you, you’re still here. Oh, he’s good. He’s there. What did you say? Yeah, it’s okay.

25:01 · StudentThank you.

25:03 · Charles VincentIt did make sense?

25:06 · StudentYeah, yeah, completely. Thank you. Okay, cool. [unclear] so 12 hour, and that’s the June 26 a second. OK, I will share. It’s going to get similar to what you have. And then can you see? No, you can’t see my screen.

25:34 · Charles VincentI think here’s a second.

25:38 · StudentOkay, here’s mine.

25:41 · Charles VincentOkay, so what I want you to do, I want you to mouse over, so remember we’re gonna take, I want you to stretch this thing out more, I want the maybe the second candle on your screen to be June

25:54 · StudentThe [unclear] second.

26:00 · Charles VincentYeah, that’s fine. Good. So what I want you to do is we’re going to start from, we are in a downtrend. Our first candidate, remember, where do we read? What side? Where do we start? All the way at the left. First word. And I want you to go through each word one by one and explain the context of how I want you to to read I I want you to read bar by bar and remember, I think, Drew, that you and I, I think you’re at a stage where we can do this bar by bar, but are you up for it? [unclear] hell yeah. Okay, put it on a replay at the second. Okay. It’s half cheating because you’ve just seen it, but start on the second. That blue line goes on the second.

27:17 · StudentOh, wow. Okay. I got you. I got you. Oh, this thing. Okay. I did not know that’s what you were going to do. Shit. You asked for it.

27:28 · Charles VincentI know you can do this anyways, right? So the point is that this is as simple as when it was just printed. If it’s not for any reason, you are trying to view more information that was required anyways. This is a great lesson on actually focusing on the only thing that matters which is just this bar versus the last bar. That’s it. When everything is printed and you get confused by how much there’s so much stuff on the screen like that’s that’s a you problem not the market not telling you anything different it’s just you’re not focusing on what you actually specifically need to. Yeah, hundred percent. Okay, do that now. So what I want you to do remember we’re starting from Whatever candle you want starts from all the way on the left And we’re assuming that we know there’s some sort of topping pattern prior to this So I’ll get you started. Okay, so okay

28:23 · StudentFrom the okay if I talk [unclear] schematics. Is that okay if I talk schematics, you know like, because I, I feel like it’s the you know, with the preliminary support and stuff.

28:34 · Charles VincentI mean, at the context, but what I’m saying is, if you don’t outline it in a clear, remember, the just think of it like this, right? The brown dog is happy. That thing has a whole bunch of layers, that sentence has multiple layers of how it’s constructed the words, the verbs, the punctuation if required all of these things yes while could be helpful mean fucking nothing if you can’t actually illustrate how to read the words singularly first yeah right so what i need you to do is focus on just the tape first and then if you want to go back and add the schematic points that identify the obvious whatever is next sure but for everyone watching this because there will be people watching this will have no idea what the fuck you’re have some sort of visual or you’re pointing it out in great detail or you’re giving them the full lesson for the context because if not it will mean nothing.

29:35 · StudentThat’s the point. Okay, no that sounds good.

29:40 · Charles VincentI’ll start you on this just so you understand how simple I’m asking for. So candle one, doji, under average volume, candle two, yeah and you don’t have to say the candles I’m just I don’t have to go mouse. So the next candle is less volume and further spread down. That tells us that it’s easier to push down than it was before. Okay. That’s it. That’s how simple I’m asking for it. The next one is a counter trend push of higher volume that so far is weak. [unclear] the imbalance between those two candles is showing us that it’s substantially harder at a rate of around 250% harder to push up than it is down, just from comparing those two candles. The next candle is on you.

30:39 · StudentOkay, let’s do it.

30:43 · Charles VincentNo, no, stop, stop, stop, stop. Here, just take, go back, take all those off. Yeah. All I was asking for was for you to read that candle that you just erased off and compare it to, hold on, don’t press anything. Just what was actually here. I’m all on my screen. You can just do it there. Yeah, yeah. You can see my screen? I can see it. Okay, just end your share because I can see yours in the background.

31:21 · StudentI don’t know if that’s... Did that end?

31:27 · Charles VincentI can’t see it. I’m just on my chart. So just everybody, you can see my chart? Yes. Okay. So I went from here

31:34 · StudentTo here to here. [unclear]

31:37 · Charles VincentYeah okay your job is to tell me this

31:41 · StudentVersus whatever is relevant yeah okay so still substantial you know with a little bit of buyers that have come in substantial amount of volume with the buyers still stepping in to you know make the effort still in a down trend

32:04 · Charles VincentI need a, in every instance, so just understand what I’m saying. There’s multiple things that are critical to, you have to summarize this. So for example, okay, this is telling me that there’s a higher probability of a move up or down. This is telling me that because the current imbalance is blank. This is also showing me that because it made a clean close past. So I closed under support and external or not Right, I reversed or not. I momentum or not that that like it’s it’s binary, right?

32:41 · StudentOkay, okay Yeah, so I would say with that one and also to with the support of with the effort of the little bit of buyers [unclear] did step in I you know the support for the you know, next candle and Instantly, you know push down easily three to four times the amount of result.

33:04 · Charles VincentHere, just pause for a second. I want to make this as clear as possible. So I want you to just grasp what I’m saying and copy it as linearly as possible, as simply as possible. So in this instance, whether or not you guys can see this, this is a level of support. It starts from here, it’s a range, but the point is this is the cleanest identifier of what is support. [unclear] this is also, this is also external. So in this instance, we closed below support and external with a high supply signature that when compared to the previous candle is something like 400% ingest spread and required another roughly, I don’t know, 20, 30% more. So if we combine 400% plus a increase of effort, it means that we’re at an imbalance of around 300%. So it’s currently 300% easier to push down, but that’s okay because there’s a lot of demand or a lot of supply coming in to do that. And so we made a close beyond support, beyond external with a high volume signature, which shows us intention. And the higher probability in this instance is further down. Does that make sense? Yeah, that’s how I want you to do it. Like, make it clean, and these lines, they do not persist. They are every single relevant point, not just whatever you think is relevant, but delete the prior, add the new one, bar by bar. [unclear]

34:42 · StudentSo if you were to, can you print the next one? Do you want me to do it off yours?

34:45 · Charles VincentYeah, I’ll print it right now.

34:47 · StudentOkay. Perfect. Okay, much bigger. So from here, we got much more result. But for if we were to mark off, I can’t do it because I can’t attach it. But I was actually going to mark off from Yeah, that swing from that wake of that swing. Yeah, that low there. Yeah, yeah. I, you know, I was seeing with the effort to keep moving down as well. So with this next candle and the results, it’s three times as much result for the push down, which is still a clear intention of the move down.

35:44 · Charles VincentOK, so remember, there’s multiple things I want you to touch in each instance. One is the differential. What’s the

35:50 · StudentPressure differential between these two? Okay, I much more pressure three times as much.

35:59 · Charles VincentSo, what I’m asking you is, you’ve just told me that this bar is roughly, you’re saying it fits three times in here? Sure. It’s a rough, you have a different than that, but it’s, yeah, sure. But it also required more gas to do so. So, what does that equate to? Just like this one was a 400% difference in spread, but it required more gas to do so, that it actually showed that it was 300% of an imbalance.

36:26 · StudentSo with this one, would that take it to around 200 with the imbalance? Ball park.

36:39 · Charles VincentAnd so now, that’s one thing. And then the next thing is, does this tell you that there is a higher probability of it continuing or not continuing? Continuing. So now what I want you to do is recognize, and this is context I’m not asking for. I just need you guys to understand this because this is critical. If we had areas identified and we actually understood that that candle printed, the down candle that this is, remember this thing printed, this is that bar that I read last printed down and it came directly back up and gave us a weak failure and swing pattern on what was now resistance. That was the entry, that was the stop, the target is not from from this picture. The point though is is that that thing, the same thing that we just identified, this bar, it broke down, it closed below this, that told us we are moving down. So any down retrace we should catch and how do we do that we zoom in and we identify when it fails on these lines on this fringe that’s our tell okay that’s does that make sense yeah okay so that that’s how we catch it but the point is to now take that context into all instances in all moves and play what we can for as far as we can and get the fuck out and then repeat. [unclear] that make sense? Yeah. Okay, so you’ve told me that this is stronger down by 200% with a higher probability of continuation, great. Yeah.

38:27 · StudentNow what? Okay, so sellers are, sorry, the buyers are stepping in, right? [unclear] so a little bit. Also, something that I would note is how, with the support, if I was to draw off the bottom of the close on the big move down, that now, yeah, riding right on support there, I’d be very curious about the next candle and the continuation. But it could, I don’t know if I’d jumping too far saying, you know, something along the line of like a preliminary support. So I would still be interested to watch, you know, the next candle.

39:16 · Charles VincentSo two things. One, PS in all instances, is the highest volume signature of the move down. This is a move down. This is not the highest volume signature. It is not it. Okay. Yeah. Does that make sense? Yeah, yeah. Okay, and they could be per leg, but so far of the entire trend, this this of that trend you’re correct the point now is what is the difference what is the

39:41 · StudentThe pressure differential the pressure with the with the buyers coming in now I would say it’s about the differential between it is Gain about Would that be about 100 No, I was gonna say about 150

40:15 · Charles VincentPercent yeah do the math right so how many times does the spread go into the spread Yeah, three times. Okay, and how many times does the gas go into that? What is the percentage difference?

40:26 · StudentYeah, yeah, uh for

40:29 · Charles VincentSo this is two-thirds. This is three-thirds, right? Yeah, [unclear] so this is. 1 [unclear] this is 3 thirds. Right? Yeah, roughly.

40:46 · StudentSo what does that mean? Yeah. Ooh, that math,

40:52 · Charles VincentUh, three so such as so right that this move 30% right? 30% up, yeah, and this took. one-third less to do so. So how much, how far did it move? Less than half, but it required more than half volume. Okay. So, so yeah, just simple terms so you don’t have to actually get your calculator out, like it would help if you did the actual math of it, but it required double the force to move half the distance. So that’s about half, just as simple terms, right? And so now, does that tell us that we’re stopping a trend by any metric that you know? No, it doesn’t. So what’s the next highest probability move? It’s still down. Okay, and what do you want me to mark off?

41:47 · StudentI would leave, I would take off that, I would say that’s for watching the next candle, we can take that off now. Okay. And then print. Okay. So breaking that and still moving down with breaking, you know, with the that support line that we did have drawn, which is why we don’t, yeah, sorry. Okay. [unclear] with us breaking now it’s showing the intention is still moving down, But it is getting still similar volume that we had come in, but much less result. So could be the inertia from that little bit. Well, I guess I’ll call it that. But that little bit of a pause with the buyers on the previous candle and that little bit of a pause there. But it is still showing intention for moving down. But I would start to watch for any sort of you know I want to say kind of exhaustion rollover yeah I would go to the next candle but I am still showing an intention

42:56 · Charles VincentTo move down so because you’re saying this and we are more advanced I’m gonna call you out on it again what do you do okay

43:03 · StudentHow do you play this for me what I would do if we are making a move down [unclear] it’s already got to 12 hour how would we play okay wait well that would have been okay that would have been with that pause error retrace that I could have kept the [unclear] I couldn’t [unclear] planned I could have caught one yeah at this point in time. Okay. That’s good. A break of structure. Okay. No. At this point in time. Yeah. Okay. Wait. So, okay. So you tell me when you want me to take over and over.

43:57 · Charles VincentTake over. Okay. So a close. below support with high volume is telling us higher probability of down. So zoom in and see what is that showing us. If this is the area that we have for support turned resistance, we have to find the right time frame that shows us what is this actually printing. [unclear] this is printing a high attempt up with way more effort than progress. And so [unclear] is, again, more advanced and not required. But the point is this is, again, I don’t want to go too down the rabbit hole. That’s a displacement order block that is a precision sweet spot and displacement order block touch that is the tell of the continuation, so this is a perfect continuation acceleration protocol move down. That’s as simple as that. This again may not sound simple to people that don’t understand this, but it is as simple as that. And so now taking this stuff off and just doing what you said to draw back on the 12 hour. Yeah, so after a retrace and a failure at the line, which again zoomed in tells you why. Yeah, like it’s textbook, this is a massive move. like that an amount of distance that fast it’s a lot of profit if you played right anyways that aside yes

45:58 · StudentSo now it’s actually a was it oh you might it’s gonna be I think you might was gonna ask something okay you want maybe I’m wrong yeah it’s a little bit confusing for me sorry to ask it again the not the last candle the second one yeah this one I did the way I see it before the next candle printed the way I see it I see that there’s a big beach at the bottom that yes yeah the price came almost 50% from the bottom and I see a big pressure a big volume but the price couldn’t go down the volume is bigger than the up move, but the price, the price displacement is not that much. Exactly. So the way I see it, I see the weakness in the move going down and I conclude that we should see a move up.

47:03 · Charles VincentYeah, so this is a, the term is common rookie mistake and I’ll tell you why. It’s great that you said that because I don’t want to have skipped over stuff like this. This is the mistake I made so many times. what you said most people do so this is the problem right the context required is are

47:22 · StudentWe in an uptrend or a downtrend

47:28 · Charles VincentDowntrend obviously exactly and so have we seen a sufficient amount of retracement covered so what that means is we’re printing a series of lower highs and lower lows, lower highs, lower lows. Has that trend stopped? No, no. Exactly. This is the part where it’s so easy to jump the gun and just assume that, hey, this looks like a good, you know, potential, but we must go through the, it has to be a rigid [unclear] of gates that you either pass or do not pass. And if this thing has not made a higher high or taken some reclaim back with some, again, if this thing was a massive amount of volume, what’s called a stopping power handle, completely a separate store, but with this volume signature closing below what is most important, which is support, the external, it did sweep the lows. Yes, you were right. And this is where the, especially if you’re zoomed into the closer timeframes, that thing on the smaller timeframe, that’s a massive move. Like that thing, if you don’t understand bigger matters most, this is absolutely a change of character, right? That’s, you know, full, long, crazy entry for something that could potentially test and then up. However, we have not seen sufficient of this yet And how we calculate that is just simply, so this candle, this volume, it engulfed this, this, and this. That, that, and where is it? This. Stacked up, they’re almost the same. It’s not enough of a tell with, remember, immediately closed after is telling us we can actually take these and put it close enough together so it’s almost a complete imbalance. they’re indifference, and then the next move is immediately 50% retraced, not strength, not making new highs, not going past what was the order block. And again, these things may be invisible, but the point is, as we go up the time frames, you can tell now that we actually see that this big move occurred, was this big move strong? If we could just compare between these two, how much more effort did it take to push up? And did it cover any ground?

50:00 · StudentTwice the forward, but a little bit more moving price.

50:05 · Charles VincentYeah, and so as we go up the timeframes, now, and this is where it gets really cool, so you can see the small ones, they have tells for entries, but only if you’ve identified where you should enter. That area of interest, a tell is the biggest part of the game. You don’t just enter because it’s some random space in time. You actually have to have a reason for that to take place. So as we go up just follow with me What is this candle versus this candle? Is that? strength

50:36 · StudentNo, it’s obviously yeah

50:39 · Charles VincentBearish one exactly right and so let’s go up even more but this

50:47 · StudentThis

50:47 · Charles VincentIs again a bearish one exactly So now what I want you to do is just play it forward So remember, these lines must persist. If you don’t know that this is an order block, that’s fine. If you don’t know that this is a golden ratio in an area of what is now resistance, that’s fine. We just have to play it forward so you can actually unpack this as it’s printing. So I wanna go on actually the smaller timeframes to see this. Now, remember the immediate tell after these two print, that shows us that that thing, actually that’s really even smaller, is immediately 50% retraced roughly, right? So that’s, like technically this is a higher, a higher low or higher high, but it actually has not breached what was important. Most people get faked out here. Here is the tell. And so what we need is two things, here and to hold. So it’s not confirmed until it holds. And so if we see what is now the move up, that thing after the move down, is it strength? Or does it immediately tell us, what does this bar say?

51:51 · StudentYeah that part says with a small effort we see a big price displacement

51:57 · Charles VincentTo the downside exactly right and so that math forward is after the displacement so just take this one and this one that is the first tell of supply and then the follow-through is it’s getting even easier with with more and remember just Math, this, this, plus this, this, that thing, a huge amount of attempt, no progress. Just like this one bounced off, what is this resistance? This bounced off, what is this resistance? And so the overall, the easiest way to identify this, are we still in a downtrend? If so, don’t look for longs. I’ll show you how and when, but not yet. That’s the trading with the trend. So critical. It’s so easy to get caught off guard. and I’ve literally lost multiple six figures across years by doing what you just said. It’s not you, it’s everyone. So the point is, if we can teach you out of this, initially, you’ll be much, much better off. So just recognize until the trend [unclear] what’s that? Oh,

52:58 · StudentNo, I was just gonna say, is that around like, you know, when you say [unclear], you know, with- It’s exactly like this.

53:03 · Charles VincentIf you’re too zoomed out, this is why I’m a high timeframe trader. I don’t care about any of this little timeframe stuff. I’ll take entries when I see them, but the point is I must be able to identify what is a actual turn on a relevant time frame. So for example, I’m just going to, that was good, Drew. I’m going to take this to the end just for time. And so I want to show you as this prints. So I’m going to read bar by bar as clearly as possible. So now that we’ve identified we’re in a downtrend, let’s identify what we’re actually looking at. So, each bar, so here we go, that thing is now the largest counter-trend volume, which is now preliminary support. The next, what should come after that as per Wyckoff, is the selling climax, which has the largest spread after this. Should not stop here, this should not stop it. But after this, we should see a blowing your load, I’ll call it, I don’t know what [unclear] that is just exhaustion throwing everything you have it and then the next bar is showing you a differential of massively harder than this it is not past external it did it close past this yes but two closes is support one closes just noise so what we want to do is identify the selling climaxes low did this massive highest volume candle increase in momentum or decrease in momentum and then the next bar after that this is the best part so that thing what is a just picture a semi truck screeching to a halt fold speed breaking right that inertia requires time to slow and we can see it unpacking by not making any decisive close beyond this while also showing us high volume signature even higher and now we’re running out of sellers while also making even drastically less. So just compared to this candle to this candle, we are roughly 200% extra of effort required for whatever the result is. Now this one though, this is something around another 300% harder to push. So this is the first tell of exhaustion. And then how do we actually catch what is a turn? We need to know that that selling climax has taken place and then [unclear] we do the math of this first move did it require much volume to fully engulf and almost double the prior candle which is about a 400 point imbalance while reclaiming the lows that that’s a tell for long we don’t need a lot of volume that’s a exactly what you said the beginning,

55:48 · Charles VincentThis is not required heavy volume to push up because of the clear exhaustion. Now we long. Now we zoom in. Does that make sense?

56:02 · StudentYeah, that’s awesome. Perfect example.

56:06 · Charles VincentYou meant that tractor like, can you do that? Would you be able to see this on your own?

56:14 · StudentYes, yes. Yeah, that makes sense to me too.

56:17 · Charles VincentOkay, good. So now what I want you to do, Rand, can you hear me? Yeah, I can hear you. Okay, you ready? I’m going to take it off replay because Ren’s not as advanced and we’re going to go back to the same spot. So this is where we stopped at the range breaker. Now is it actually easier for you to for me to delete all this stuff or do you want to have it on here? Let’s just start here. So what I want you to do is start from the swing. This thing compared to this and then just move forward. And if you need to draw any. So can you see my chart? Yeah I can see my chart. So what I want you to start with these two compare these and then move forward bar by bar telling us what is the is it more likely up is it more likely down and then what is the rough imbalance at that time and

57:34 · StudentIf you have any other okay I can see on the left side that there is a downtrend. I can see that there is a preliminary supply on the side. And I think that’s called stopping volume. The bearish candle at the bottom with above average volume.

58:03 · Charles VincentSo this is not stopping power. What it is is an exhaustion. stopping power would mean a hard punch with immediately 1 .5 roughly at a minimum times the amount of proceeding. So this is it’s still the same effect but this is the difference of what you said earlier this is

58:21 · StudentOkay, makes sense. So my label is incorrect. So it’s stopping power.

58:27 · Charles VincentNot stopping power. Exhaustion.

58:32 · StudentExhaustion. Okay. Next. Okay. Above average volume with only 10% spread, which means an exhaustion. Okay. The next candle, the next bar is let’s say 40% of volume with twice of the spread which means 200% or two times ease to move up possible reversal engulfing the previous candle. I can see a possible entry with this one.

59:10 · Charles VincentOkay and so remember the two things to compare is the spread and the volume and then giving the math of that.

59:18 · StudentYeah, I told you, it’s like 40% of the previous volume.

59:28 · Charles VincentBut combined is what I’m asking. So you told 40%. That’s true. And this is true. But combine these to tell me the total differential between these two.

59:37 · StudentOh, okay. Two times.

59:42 · Charles VincentJust call it half and a half, or half and double,

59:45 · StudentJust for round numbers. Yeah, the 100% is to push up.

59:48 · Charles VincentSo just remember, this by itself is 100%. It’s a double difference. Plus this is doubling that down. So it’s actually 400%. Perfect. So then next.

1:00:09 · StudentEven less volume with large amount of spread, which means with enough force, less force with large amount of spread, which means there’s a high probability of, a high probability there’s a follow through, large amount of follow through to push up the price.

1:00:37 · Charles VincentYeah, and more likely to fall through. Are you saying right? Yeah. Good. And so if you want me to draw lines or anything, just say so and I’ll stop.

1:00:49 · StudentYeah, please. Okay, so. Okay, close above the previous candle with more volume compared to the previous one, which means still a continuation bar. However, the gas is lessening, which means there’s the ease of movement here, we can see that it’s harder. It’s harder, huh? You said gas lessening. It’s harder. Yeah. More volume, but less amount of spread, which means we can see there is a possible resistance in the thought.

1:01:32 · Charles VincentAnd so just the differential, how much harder it is from this candle to this candle?

1:01:38 · StudentOh, it’s like four times, which means... [unclear] 100% [unclear] are you

1:01:58 · Charles VincentSaying it’s about 300%? So so I just want to point something out too is that whenever we have the Pre-PS, so preliminary support, we don’t need a lot of volume to automatic rally to that point. That’s how a Wyckoff’s thematic works in real time. And so now I’m just gonna draw this line forward. And actually before I do that, this thing, so you’ve told me the differential, is this a decisive films with stronger

1:02:31 · StudentMomentum or lesser momentum than this? What do you mean? More volume or less?

1:02:39 · Charles VincentIs it a decisive close past this?

1:02:42 · StudentOr is it just barely and not a huge? Still decisive.

1:02:46 · Charles VincentIt is decisive or it is indecisive?

1:02:51 · StudentStill decisive because it closed above the previous assistant.

1:02:55 · Charles VincentOkay, so it’s telling you further. That’s what you’re saying.

1:02:58 · StudentYeah, further. Good. So now on the next one. I think that one is indecisive close, because close below the user systems with more volume and only it’s like 300%, like 130% ease to push up. So,

1:03:26 · Charles VincentWhat’s the rough difficulty increasing as it pushes percent of choice? I don’t know, sorry,

1:03:34 · Student130% I guess?

1:03:37 · Charles VincentPlus the spread, right? So we’re one, two, three, four. So it’s about four times the size, but it took a little bit more volume. Okay. So just a simple math roughly, this is 300% harder than this, and this is 300% harder than this to push up. So it’s just like this was exhaustion, this is also exhaustion. Identical, just click. Okay. So what’s the next one?

1:04:10 · StudentNext one is, it’s a doji, which means an indecision [unclear] almost the same volume but only one-third of a decent distance achieved which means it’s even getting harder to push up the price. Right, so another double price. [unclear] I would even as a woman.

1:04:38 · Charles VincentYeah and any decisive flows above any point of interest or not?

1:04:45 · StudentOh it’s... what do they call it? Preliminary support.

1:04:51 · Charles VincentWhat I’m saying is did it make a decisive flows or not? Is it momentum or not? Decisive yeah. Indecisive or decisive?

1:05:00 · StudentI saw indecisive.

1:05:01 · Charles VincentOkay so this doji is indecisive and now what [unclear] it?

1:05:06 · StudentIt follows with less volume engulfing the two previous candle which means a possible reversal change of character.

1:05:20 · Charles VincentExactly and this is called because there’s two and on a smaller time frame this is a range this is a range breaker change of character. Range breaker. And now tell me when we compare this a little bit more advanced because it engulfed two. Take these two and stack it against this one.

1:05:40 · StudentWhat? Compare the candle that moved,

1:05:46 · Charles VincentThat is the range breaker, against the two it engulfed. So instead of comparing this one to this one, this engulfed two. so compare this one

1:05:55 · StudentTo these two okay it’s like 120 percent or 20 percent result yep okay 200 percent

1:06:13 · Charles VincentEffort 100 percent less effort so half the effort Right.

1:06:19 · StudentOh yeah. Because if we started the effort, she means, yeah, times two 220% around 240%.

1:06:33 · Charles VincentSo 240% imbalance, which shows us likely continuation down or

1:06:41 · Student[unclear] down.

1:06:43 · Charles VincentGood. So we’ll pause there just for time. And then [unclear], Uh, do you want to take us forward?

1:06:52 · StudentSure. But, uh, before that, I have a question. Uh, there is a, there is a very big, uh, bullish with a very low volume. Say that again. I didn’t understand. There is a very bullish candle with low volume. this one. Yeah, that’s something that makes me confused during when I’m trying to read the patterns. I have two ideas when I say this. First is there is a very big momentum, but there is a very big momentum because there is a small effort and big price displacement. and the second one is I feel that buyers try their best and they put price as much as possible so maybe we can see some kind of reverse and some kind of sellings afterwards so when I see this candle I don’t know if I interpret it as something a very small big momentum thing or something that the pressure is going to start to

1:08:13 · Charles VincentDecrease after a while [unclear] and that’s a good point so this is the the key to tell what you just said is the same as in this candle as it is in this candle. So if we have a prior exhaustion, it takes near no effort. It doesn’t mean that there’s going to be an infinite follow-through. It just means the move, and this is where the imbalance, the first tell, is that the incredible difference of this engulfing times this is about 400% up. The highest probability is up. Does it tell us to where? If you identify this as a region of resistance, that’s the target. But the point is it does not require effort to do that because of the already exhausted amount of sellers that put everything out. There’s not much needed. Just like in this instance, this is what’s called ease of movement and just like this ease of movement. It is ease after exhaustion.

1:09:05 · StudentI was just going to mention in the beginning this was a super confusing thing for me and something that helped you mention was, you know, especially when we have that selling climax and all that force, It’s kind of like a beach ball and you’re pulling it under in a pool and pulling it under the water Yeah, when you let it go right and you have all that force of pulling it under you actually don’t need a lot of you [unclear] to release it and have it go, you know substantially far You don’t need you don’t need that volume behind it and it’s almost like a balloon floating So it was just yeah the

1:09:40 · Charles VincentTricky one Well, no and it’s as soon as you get these these sort of concepts visualized in your head like the beach ball it’s brilliant it’s just it is actually just a simple physics problem is that there is a hooks law is what breaks this down into a more mathematical version if you want to look into that later but the point is that after an amount of exertion is shown with nothing left no gas left in the tank it does not require a huge amount of anything it doesn’t mean forever but it means that we are going to probably move higher just like in this instance will probably move flow where to it does not say that, but it does say probably further. There’s tells of course where to catch like point all this stuff out with fair value gaps and OTs and all this stuff, but the point is, did that make sense?

1:10:25 · StudentYeah, yeah, I was going, it’s something related to fair value gaps, so yeah.

1:10:31 · Charles VincentGood, and so now what I wanna do is I’ll add a little bit of context right here is that there’s multiple things going on. So this is a, I won’t add that one, it’s too confusing, but this is a fair value gap. And I want you to now start from here. Just, I’ll give you a little bit of context. I know you don’t know Elliott’s wave property yet, but understand that this is a five wave up. So one, two, three, four, five, and we’re looking for an ABC to exhaust at the four, which again is coinciding with the order block. So that in the back of your mind just recognize we’re looking for a continuation not a follow-through in distance. It’s only because this so far has shown us impulsivity, so five away from the bottom, and not intention, not heavy push down until the stopping power occurs. So just that kind of context aside, just carry on from this candle to this one.

1:11:36 · StudentOK, let me see. OK, first, the momentum part. I see that we have around 40% price displacement related previous one but around 1 .2 volume so [unclear] so it’s decreasing the momentum and it should be around 40% Okay, I cannot calculate the exact power combining both together, but I know the price displacement is 40% down, but the volume is higher. So I guess it’s something around 30%, 25% of the previous momentum on this candle.

1:12:55 · Charles VincentYeah, so basically that just is and how we how we kind of just visualize this, like you said, this is about 30%. This is roughly just for round numbers. So we can compare that just simply is about 30%. So if we do the flip of that, then it is two thirds as hard to push down, while requiring one third extra of gas. So roughly around a hundred percent harder to push down. It doesn’t, now the question after that, I’ll stop, he’s on for you if it helps. Now, even though it’s increasing in difficulty, does it tell you the likelihood of further or not further or is it unknown? [unclear]

1:13:32 · StudentIf I don’t see the next candle, I can’t decide if it’s going further down or not. But because of the previous context, I can say we can see another move down because of the context of the Elliot moves that you said earlier.

1:13:56 · Charles VincentYeah, exactly right. So if you can roll that together, then all we know is it is increasing in difficulty, but not necessarily reversal yet. There’s not a range or an area or a support to justify that yet. It could, but it hasn’t given us that yet. It’s just we’re entering some sort of resistance. What that is, if we don’t identify it secondary, but the point is it’s still weak and we can tell that by lack of volume signature. And so now the next one, this is where it gets really cool when we see the actual slow down. So this one I’ll just draw the same lines on, let me see.

1:14:33 · Student[unclear] so we have a very big move that is closed both below the previous close and the previous extreme. And it has very less, it has less amount of volume, but it has around five times the price displacement so it has around six times power I guess it’s 1 .2 less volume and five times price displacement so it shows a big move down.

1:15:14 · Charles VincentAnd so what is the most likely after this family?

1:15:24 · StudentIt should continue to go down based on the comparison between two candles. Exactly.

1:15:29 · Charles VincentAnd how we identify this, this is a not strong close beyond the external. So further is likely yes. How much further? We have no idea. that’s just Now this one

1:15:44 · StudentOkay, this one is interesting because It shows many weeks. It touched the higher prices It even reached to the price That is the week of the previous candle so I see signs of changing because of the shape of the candle and the reversal. I’m just saying. And on the side of the momentum, I see the volume is getting very big. It’s twice times the previous one, but the price displacement is around a half, less than a half. It’s around 40%, I guess. So, again, we are saying, we see that the momentum is decreasing a lot. And it has, it just tested the previous fair value gap. So, to me, all concepts and all contexts together and the comparison between the candles shows that we are getting ready for the next move up. Okay, good.

1:17:02 · Charles VincentAnd so what I want to do now, because this is the perfect example to actually zoom in, I’ll show you the context of how to use this. So, the thing that you just said is, is perfect, the difference that the only thing specifically verbiage left out is about a 400% difference difficulty to push down from this one. But the point is that now, if we can actually, so identifying remember this area is important. Whenever we have a five blade, the cap system, the specific cap protocol sequence is to draw out your resistance, or your, once the breakup structures occurred, which which is the downtrend, looking up, we draw out the fibs. You don’t know any of this stuff, which is fine. But the point is we map to see if there is a touch to the golden pocket, it doesn’t have to. If this is here, that’s brilliant, because we can actually use this same map here. And so let’s just zoom in and see, is there a bullish turn at the end?

1:18:08 · StudentI’m sorry for the golden pocket that you only use the the second part of the golden pocket the three five area and that’s the six six five area

1:18:23 · Charles VincentFor the golden pockets yeah it’s fine we’ll all tune those up for you later but the point is we what we want to do is just identify first the method behind it and then how to actually okay so So I’ll show you, yeah, like specifically now all of this, what we saw on that candle on that 12 hour, this was all lit, right? Do you guys remember that a second ago?

1:18:48 · StudentYeah, yeah, yeah.

1:18:50 · Charles VincentYeah, so what we’re trying to identify, remember if the move up is impulsive and we have a move down that is a clear corrective, A, B, C, what we’re looking for is a rough failure at the fair value gap, slightly past the four. If all these check boxes occur, what we then do is zoom in and we try to catch what is the bullish turn. And so just like we have a selling climax with stopping power and then did any lows get made, any further lows get made and did the, remember we’re trying to identify what is the area that we need to have reclaimed with strength and impulsively so if we zoom all the way in to this is the one minute now super close this is now a one two three four five with an A B C and so all these things are taking place I want to go to a level that you guys get can identify signal but point is that from this thing we need to identify is there respect of what is now remember from the lows to the high of this region on the right time frame so you can actually identify this so remember just like we identified exhaustion stopping and then impulsivity we need to identify. stopping power, same app. I’m going to delete some of these. Let’s overlap. But the point is, once this shows, I want to see strength of continuation or not. Once this shows, I want to see strength of continuation or not. If this coincides with this, and it shows me a clear as day increase in difficulty, and then a control bar, that is called a range breaker of the entirety of that wick. It seems like you’ve missed the move, It’s not them because what we’re actually looking at is the move to external which is here So your entry can happily be here There’s like three of them here but the point is your stop only needs to be here after it has multiple signs of exhaustion with an Impulsive five lane and a precision tap on these and a control bar out of that range. That Is now a massive target you have an actual and again [unclear] this is whether or not you play this in real time is up to you. But just as far as learning goes, if entries are averaged here and stop is with variance around there, even if it’s at the order of the bottom of a fair value.

1:21:27 · StudentYou mean if they have the balls to hold it like you do?

1:21:30 · Charles VincentWell, no, this is a three minute, right? Like you don’t need it. You don’t need balls. You just, that’s the point. So if you just roll through, what did it show you? Could I have caught this? And was I looking for the things that I needed to versus just I’m waiting, what am I waiting for? Well, a range breaker change of character with, remember, what is, if you’ve seen any of the Wyckoff schematics on my site, when we breach the range in phase D and we show a sign of strength with decreased volume and then a control bar follow through, this is an entry, this is an entry, this is an entry, this is the tell that it is a retest and not intention down. And then we just play massive move, right? And this, this is on a low volume automatic rally. This is not on a momentum move. There’s not a momentum play it. So that’s the point is that this is just mid chop on a larger timeframe. And so you can catch all this shit. I mean, not all of it, but the point is you have so many opportunities if you’re just looking for what you’re supposed to look for After

1:22:37 · StudentThe moment tells you what to do Yeah, it’s a perfect cap setup and actually Emad, I’m curious of like once we got into the lower timeframes and he talked about the golden pocket I don’t know if that was I think it’s something separate but once you find it actually that area and you know You know seeing it here even rolling down into the lower timeframes. It’s night and day You know for where the entry points are so it’s just so important Yeah,

1:23:08 · Charles VincentDid that make sense? Like, can you guys, I’m not asking to do this on, you know, repeat on your own 100 times, but I’m saying, did the math make sense so that over time you can further refine your understanding of the use of this?

1:23:21 · StudentYeah, that was great. Yeah, it makes sense to me too. The way I see it, I see that it’s where both the ABC correction patterns are aligned with each other on the lower time frame and on the higher time frames. So that kicks and the start to be moved on both timeframes. Exactly.

1:23:46 · Charles VincentAnd now once we alignment, this is actually just layer one. This is like the most, I don’t want to say novice, but most what is the front of what’s happening? Price action incredibly like you can catch all this shit without any underlying stuff, but when you start to roll on CVD, and RSI, and divergences, and it’s flying up more layered confluences, the amount of strength that the market shows you, if you just look. At the right places, not random places, at the right places, and everything lines up, take the trades, and over time, the math plays out brilliantly. You will literally be a casino if you just play the math. But again, it requires practice, so don’t, this is not our, you’re not supposed to get it yet, but you can, and you will in time. So I think that’s a good place to ask for questions and end up, because I don’t want to go too deep. So let’s just go through one by one. So first, I’ll start, Drew, Drew, what questions? What ads, what do you have to say?

1:24:53 · StudentI don’t think, I don’t think anything, I don’t think anything from my end. Yeah, no questions that I have.

1:25:04 · Charles VincentAny things that you would add, that you learned, that were helpful, that not even just learned, but like in your learning process of seeing this stuff unfold, was there something that I missed that would help these guys because I sometimes get disconnected with early day stuff?

1:25:19 · StudentNo, I think the, I think the takeaways of, you know, with the lines, you know, knowing how important those are, you know, put lines on, don’t take them off, you know, to an extent, but using those and just being able to, to after determining the area of interest, being able to really zoom in and focus on that.

1:25:42 · Charles VincentLike this stuff as well, if you draw these with precision, with what the market shows you, not what you feel like, it tells you all the information you need. There are multiple areas that, remember support and resistance is not always flat. You can have creaks that have change of characters that have weak retest, that have precision change of characters, [unclear] stack these with everything else plus the back end, the layer 2 stuff. It’s not as difficult as you think if you just practice.

1:26:13 · StudentThat’s right, and actually, especially things like how valuable it can be, even taking the channel, tilt your head, something like that, you know what I mean? So those takeaways.

1:26:23 · Charles VincentYeah, and remember, I’m not drawing all of this stuff. I’m just drawing some of this stuff. But if we actually outline what is the areas of importance. We have a clear top line. We have a clear bottom line. Again, we can precision this better. But the point is, after each breach, we are now showing clearly another. Remember, line up the creek, line up the underside, change of character back in, retest, continuation. Like, there’s so many tabs.

1:26:53 · Student[unclear] but you, yeah, we know if we don’t draw these things on there, right? So that’s a big thing.

1:26:58 · Charles VincentExactly. And so, again, there’s much, much more than that, but the point is, the beauty of it is, if you take the time and just do it linearly, don’t move to the next thing until you’ve learned one thing. You can stack these and it unlocks epiphanies of visions [unclear] not visions, visibility layers that are just, I wish I could tell you guys what I see here in all charts all the time without processing. It’s just, it’s like reading any book, just looking at the words and be like, oh, I know this one. It’s not a complex thing.

1:27:26 · StudentWith us working together for over a year, and I’ve known you for years and years and years, it’s like you just have those army night vision goggles on and you are seeing it much differently. You’re seeing it so differently actually that you have to hold back on everything that you [unclear] share with me when we’re in class together because it’s just there’s so much there, right?

1:27:50 · Charles VincentIt’s dangerous and I wish so much I can just communicate this effectively, like in a way that is retained, but I can’t. The more I tell you without context, without study, it puts you in more danger. So I really have to hold back. But the point is, is that this is now my first language. Like if that makes sense. As well as you guys understand your first language, I understand this. And so all it requires is practice and time on. Just immerse yourself and then it will get there. It’s not an easy process, but it does work. Like it is mathematically always

1:28:21 · StudentYeah, one foot before the other and it’s like it all started with that, you know, the complete guide to the volume price analysis.

1:28:27 · Charles VincentSo yeah, yeah, finish that book Emad and your your eyes will open drastically, which is just brilliant because you can’t unsee it. Hopefully. Yeah. So is that all you got? Yeah,

1:28:38 · StudentThat’s me. That’s it. Okay, Ren. I think what I’ve learned is don’t overthink so much and read the tape bar by bar and just read it. Don’t make up any assumption.

1:29:00 · Charles VincentPerfect. So simple, right?

1:29:02 · StudentThe don’t overthink actually thanks, Ren, for saying that one because that automatically came to my head when she said don’t overthink it’s just so easy to look at all the noise and to overthink and to you know look at places that you don’t need to or shouldn’t need to um and to veer off so yeah i think that’s thank you for saying that don’t overthink

1:29:25 · Charles VincentLeft foot then right foot and then left foot and then right foot there’s no there’s if you do anything but that you’re gonna have a bad time yeah and then email [unclear] good.

1:29:38 · StudentYeah, thank you. Just a question about the important zones like the FVG one we had at our previous example. When the price is approaching to the to an important zone, which reaction, what reaction do you prefer to see from that? Do you prefer to see a fast reaction or something where it says which kind of reaction give us more strength to see our strategies working our models?

1:30:11 · Charles VincentYeah, this is the same question. It’s a good question, but it’s like asking, what time frame do I prefer? I don’t care. It means something to me. To me, the difference is, if in a sentence of English, the word is cat or dog, Which do I prefer? I don’t care. Not at all. It’s just they both have separate mechanics, they both mean different things, but they’re both readable. And so if you just know both of them, it makes no difference. If there’s a selling climax and then an immediate failure, great. If there’s an exhaustion, slow and steady with no effort required on the way back up, also great. I just learned to see both and it makes no difference.

1:30:51 · StudentOK, thank you. Thank you very much.

1:30:54 · Charles VincentNo worries. And one thing we didn’t point out, which is critical. The I’ve only specifically zoomed in. I’m saying this now because I recognize it. I only zoomed in on volume like like proper trend volume on these on this change of character and then and retracement. But in all these instances, we have either increasing volume, decreasing volume. [unclear] of these tells are critical to know, and this is not the right time frame to do this in a as helpful way. But the point is, is that is this trend, sorry, trend increasing or decreasing? And remember, the fifth wave, if you don’t know yet, is the fool’s route. So this is where the majority of people get in before it reverses, which we want to see a volume tell saying that. And just like the end, we want to see just like the end of the move up, the most majority of people come in at the move down, at the bottom, for shorting, right? So these volume tells, roll that all together, everything gets much easier over time.

1:31:54 · StudentBut yeah, I think we’re absolutely given a gift with us being able to, you know, have this volume to tie into our analysis. You know, I can’t wait to be able to read it better. But yeah, it’s just, it’s such a gift. It’s a gift.

1:32:06 · Charles VincentYeah. And like, just don’t, don’t put a time limit on how fast you should be getting this stuff, if you just take your time and learn it properly, this applies in all markets for the rest of your life. [unclear] institutions cannot hide volume since the beginning of time. It will not change. That’s the only way that these things happen. And mass, remember, if you think that this will become, what’s the word, not relevant or something that fades out, we are trading human reaction on mass. This is not a thing don’t change. When AIs take over the majority of trading, because there’s a lot of algorithmic trading, that still does not change the volume signature of the moves. The composite man is the composite man no matter who’s pressing the button. It’s the same math that is visibly told the same way. So just recognize this is endgame shit. learn this and you’re golden. And don’t get flustered about how lack of progress you think you’re making or whatever, like compared to the average people, you guys know so much more already and you’re all beginners too.

1:33:24 · StudentTotally, yeah,

1:33:26 · Charles VincentEmad and Ren, as long as we don’t quit, we win. Yeah, that’s it, that’s actually the truth. Yeah. So good, so no more questions? Nope, not me. Okay, and then one more thing just before we end. Do you guys have any feedback of what I could do to better explain things or whatever that would make it more clear than anything? And I’m like you can’t offend me. So just tell it tell me the direct whatever it is an article See if I can make it better

1:33:57 · Student[unclear] today’s session was great the way it was was great I I don’t want to add anything to today’s session. It was really great and thank you Cool. Yeah. And I don’t know what specifically it was, but it feels like each one is just, you know, um, they’re just getting better and better. Like they’re, but I don’t know, it’s nothing specific. Um, do you know what it is? Yeah.

1:34:20 · Charles VincentIt’s that we are as a group stacking together. That’s the point. I, if we, if we have more people that have different levers of visibility and experience and tape reading, even specifically experience, [unclear] completely excuse my ability to fine-tune this specifically custom for us. And if we’re all on, again, I’m not where you guys are, but the point is I know roughly where you guys are. And so we can kind of streamline this thing together to help each other as we grow. As the class is increasing in size, it will be less easy for me to do that. But still, it’s just for now. Again, I don’t know when it’s going to increase in volume, but there will be a point when there will be more people and it will be not as easy for me to do this for us. So just recognize, like, take this in as much as you can, and then you’re golden, just... Definitely.

1:35:12 · StudentEmad and Ren, we’ve got to run with it, and Charles, if you want to do like two or three of the calls a week, I’m good with that too.

1:35:18 · Charles VincentNo, no, no, we have so much time. Unless they’re, if I take more time away from my family for free, it’s not a good trade for my family, so.

1:35:26 · StudentI hear you, I hear you, but love them, so thank you.

1:35:29 · Charles VincentNo worries. So good, I’ll, yeah, just make sure, check same next time for wherever you’re getting the link from and see you guys next week.

1:35:39 · Student[unclear] we’ll see you there. Bye guys. Bye. Bye.