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Welcome to the Course

Introduction and Expectations

• The speaker emphasizes that joining this course is a significant decision, promising a condensed version of three years of study in just eight weeks.

• A disclaimer is provided: the course does not offer financial advice or trading signals; participants should focus on learning rather than trading during this period.

Learning Objectives

• The primary goal is to learn how to read price movements and anticipate future candle directions, with an emphasis on the process of learning over immediate profit-making.

• Making money should be viewed as a side effect of mastering trading skills, not the main motivation for participating in the course.

Commitment and Focus

• Success requires hard work and dedication; participants are encouraged to commit fully to the course's demands over its eight-week duration.

• The speaker shares personal experiences from their own journey in trading, highlighting that it has been challenging but rewarding.

Course Structure and Content

Time Frames and Assets

• Participants are instructed to focus solely on specific time frames (15-minute, 4-hour, daily, weekly) and select assets like DXY inverse, Euro NASDAQ, S&P 500, Bitcoin, Ethereum, gold or silver for analysis.

• Emphasis is placed on mastering one asset thoroughly instead of trying to analyze multiple assets simultaneously.

Unique Learning Approach

• The content delivered will combine insights from various influential figures in trading (Anton at M effects ICT), providing a unique perspective based on extensive research.

• The speaker claims high accuracy in forecasting currency movements through learned techniques—demonstrating confidence in their methods.

Course Logistics

Access and Resources

• Participants will have permanent access to recorded sessions; sharing videos is discouraged due to the sensitive nature of the information shared.

Understanding Market Dynamics and Price Movements

Overview of Content Structure

• The content will be divided into two sessions, with varying emphasis on topics. Viewers are encouraged to watch both lectures for comprehensive understanding.

• Focus will be placed on studying assets and backtesting strategies, emphasizing the importance of chart analysis.

Importance of Chart Analysis

• Significant time must be dedicated to analyzing charts; this is essential for grasping market movements effectively over an 8-week period.

• The term "Plutus" refers to the Supreme Market Maker, indicating that price movements are predetermined rather than driven by supply and demand dynamics.

Key Concepts in Price Movement

• Price levels are fixed; predictions can be made about future price points (e.g., Euro expected to reach 1.02435).

• High time frames (4H, daily, weekly) versus low time frames (less than 4H) are crucial for understanding market behavior.

Understanding Pivots and Swing Points

• Pivots consist of combinations like high higher high lower high or low lower low higher low; these patterns are critical in market analysis.

• Price moves primarily through consolidation and expansion phases; it does not continuously expand but alternates between these states.

Reasons Behind Price Movements

• Prices move either to take out previous highs/lows or to rebalance imbalances in the market.

• Technical indicators like RSI do not hold significant value compared to understanding highs, lows, and fundamental price actions.

Rejections and Ranging Environments

• A rejection occurs when price hits a high timeframe PD array forming a pivot; reversals require divergence confirmation from correlated pairs.

• In trending environments, prices break highs while rejecting lows; conversely, ranging environments see rejections at both extremes.

Delivery Mechanisms in Trading

• Buy-side delivery indicates bullish trends where buy stops above highs are targeted; sell-side delivery indicates bearish trends targeting sell stops below lows.

• Understanding liquidity hunting is vital: forced buys occur above highs during downtrends while forced sells happen below lows during uptrends.

PD Arrays Explained

Understanding Fair Value Gaps and Order Blocks in Trading

What are Fair Value Gaps?

• Fair value gaps consist of a three-candle pattern where the middle candle has an exposed body, meaning its wick does not cross the adjacent wicks on either side.

• The definition of a fair value gap is clarified with an example illustrating how the left wick does not reach down to touch the right wick.

Types of Fair Value Gaps

• There are both bullish and bearish fair value gaps present throughout market charts; traders must discern which ones to utilize or disregard.

Introduction to Order Blocks

• Order blocks are complex concepts that many traders misunderstand. The only true authority on order blocks is ICT (Inner Circle Trader), who has authored a book on the subject that is yet to be published.

• A bearish order block is defined as the last up-close candle before a shift from buying to selling, which leads to the formation of a fair value gap and liquidity being taken.

Characteristics of Order Blocks

• For bullish order blocks, it’s essential to identify significant down-close candles that precede changes in market direction, avoiding smaller candles for better accuracy.

Practical Application and Homework Assignment

• Traders will use Turtle Soup strategies for entries, emphasizing caution when entering trades after price movements appear favorable but may reverse unexpectedly.

• As homework, participants should select assets for analysis over eight weeks, marking highs, lows, and fair value gaps across various timeframes (weekly, daily, 4-hour).

Preparing for Future Lessons

• Continuous practice is encouraged until traders can intuitively recognize gaps without needing visual markers on their charts.

• Upcoming lessons will delve deeper into ICT's methodologies; thus preparation through diligent study is crucial.

Engagement and Progress Tracking

• Participants are encouraged to ask questions during sessions. The instructor emphasizes clarity in understanding market movements and terminology.

Real-Time Trading Examples

• An anecdote illustrates successful predictions made by previous groups regarding price movements within two months based on learned principles.

Conclusion: Building Accuracy Over Time

Understanding Perception

The Importance of Perspective

• The speaker emphasizes the significance of viewing concepts from a specific perspective, suggesting that once this perspective is grasped, it becomes an unshakeable understanding.

• A promise is made that within eight weeks, listeners will fully comprehend the discussed ideas if they concentrate on the specified pairs provided by the speaker.