TRAINING – J-HOOK TRADING STRATEGY – FUTURES FOREX TRADING STRATEGIES 2018

My name is Vinny mini, if it’s your first time with us welcome aboard tonight we’ve got some special training happy Friday everybody hope you guys got plans tonight we’re going to get this thing done, and then we are going to call it a night hope you guys had a great Friday a little bit of rough around here a red day on the market look markets are going to take it from you sometimes, but we are talking about the j-hook tonight, so stay tuned, let’s get this thing rolling you guys who’ve been asking about Jay hook for a long time, I’m going to do the whole thing right now, let’s do , all right, so quick summary real quick those guys who are new with us who’ve not been part of any of our trainings yet, make sure you get over there and pick up your training course they’re 399 go check out the website Rita mini-com tonight we’re going to go specifically over the j-hook this will play through this weekend, if you guys would like to get that free training make sure you guys learn that, if you are not picking up right now this will be for Premium Members Only, but this is an example tonight you guys can join with us here as we go right into some training, all right welcome aboard, let’s get some j-hook on the map good evening Jeff what’s up Nick mr. Thomas you guys Rock happy Friday, let’s get right into it here today well I was about to say this morning of course depending on what part the world you in this might be morning for you j-hook is on the dockets tonight to make sure you take some notes, if you are wondering what is the j-hook this is a very specific strategy and we’re going to go over all the notes tonight, so make sure you guys got your notebooks and pins right there next to you got ours right here right here next to the desk and make sure you get those notes down for yourself take screenshots as we go along we’ve got some specific examples a great one that came through today a little more complex one, so we’re going to show you guys the straight-up strategy I hesitate to say basic, because this is anything, but a bracelex basic strategy when you get down to how this works how this operates first thing you will need to do is make sure that you guys have downloaded our indicator pack, if you’ve not done that yet, you’re going to need to start there, so number one make sure you have the indicator pack, if you’re not sure what I’m talking about head on over here to trade mini-com forward slash indicators you can try those out for free you know it’s about right now it’s 14 days used to be 30 you had some had to deal with some abuse on that, so it’s 14 day free trial there, but you can download that and apply it, there are templates some people forgot make sure you don’t miss out on the templates this is going to make things a lot easier for you while you’re getting set up I think one of our members who came in yesterday and just figured out that we had templates he was trying to add them all individually that’s a little bit tough let us do some of the work for you you can just take the templates apply them to your charts you’re going to see the same things that I’m seeing on my screens, so that you can have your setup just like mine and you’re not going to be asking yourself you know what’s he talking about where yet, etc, so make sure you guys get that first thing first, all right get your indicators once you are set up, if you guys have questions and you don’t have your setup you can always come over here into the chat box ask a question we are in here live every trading day and the weekends we usually have some people floating around answering questions as well, let’s get down here into our training window another sub-sectors lot going on here, let’s go right into our j-hook training shall we, all right, so what is the j-hook now when we’re talking about patterns are things that you’re going to see that are repeated I won’t go into the basics of that, but you guys are probably seen your basic patterns that are out there this is structure, I’m going to talk about difference between structure versus patterns this is not a pattern this is not a pattern this is a structure and, if your wonder what we’re talking about we’re talking about when price you got price channels, all right wedges we got the wedge we got the channel those are price structured do not be confused with those we are talking about now patterns for entry and a particular strategy with a set of targets and entry points as well as stops that we’re going to go through here on the j-hook now, there are prerequisites for the j-hooks number one go back and watch our first two videos in our training series to make sure you have what we call the order of operations start there, if you don’t have the order of operations it’s really and it’s really not time for you to start trading yet, all right make sure you got the order of operations first, all right, so order of operations number one what is the never go against that daily bar right how do we know that we’ve got that right on our right there on your chart for the entry chart etc you guys know that, there are about five items that, you need to make sure you go through on order of operations before you start to enter into any trade, so number one order of operations once you have your order of operations established you have your structure set you are ready you’ve got a an idea of what you want to trade on the higher time frame remember, if you’re talking about our higher time frames we work off of the triple screen triple screen system, all right make sure you guys go and check out, if you’re wondering what this is this is not proprietary to me this is something that I learned from Alexander elder there is a book called trade for a living this is the only book that I recommend it is specifically about the triple screen we’ve got the tide the wave and the ripple, the tide this is the highest timeframe we’re going to be looking for our patterns we also look for them on the mid timeframe on what we call the wave although you could be having the tide rising at some point that wave may fall, so we call that the wave the wave could be coming down at that moment, you need to know when and where, but then at that point when we have decided what we’re going to execute based on these two upper timeframes now we’re coming into the ripple on the ripple this is where the j-hook applies, so all of that that’s background and context for what we are about to show you guys when we get into the j-hook itself, all right, let’s see, if we can it’s not going, let me go back any farther that’s, limitations on our tools here, let’s see actually we’ll just we’ll just clear that out, let’s do it one more time here, so once you’ve got the triple screen you understand we’ve got our trade setup we’ve got our market structure we know for trading through, if our market structure currently is a channel a wedge now we’re looking for the entry now we’re only going to be taking our entries off of our lower timeframes and we use two different types of charts in here, if you’re using time charts that is not a chart folks do not use time charts, if you’re losing time charts you’re losing money, all right do not use time charts folks I don’t care what people are telling you do not use time charts that’s like look it’s like making a phone call with a pay phone at a gas station in 2018 you shouldn’t be knowing it, all right you’re popping a quarter into the pay phone that is, so old-school, all right that is you should not be using time charts folks, if you’re using time charts you are losing, so you might be saying, well, maybe what type of charts do you recommend what are you using rain starts and a custom form of Renko charts that we call the algo bars which currently knocked cars the algo bars y algo bars well right now the majority of all markets are controlled by robotic AI artificially controlled algorithmic trading systems, doesn’t matter, if they’re putting in large orders or not they’re generally right now, if you don’t know that look it’s 2018 folks, all right make sure you understand the markets are controlled by algorithms are moving by our algorithms, you need to have tools that are going to show you what’s going on at the algorithmic level where are they taking their entries where are they taking the market for their accumulation and distributions there is an entire training session on that, if you don’t know we’re talking about with the accumulation distribution make sure you checked out saris a little distracted I’m seeing a couple people chatting with a few questions, but I can’t see who it is sorry, if you guys can’t hear me make sure you guys type into the chat box there I think the audio is, right now, but I sometimes don’t know, if the audio is alright we’ll have to come back and edit this, so range charts algal bars currently we are calling those we have those as the candy bars, if you see those on our charts right now alright we joking the say it’s, because you can do what the elders can do and everything is sweeter when you’re using the candy bars, so we’re talking about patterns these candy bars are going to help you to see patterns, if you’re asking about first of all I think everybody knows about range bars, if you don’t go look those up or, if you have questions pop those over the chat box there, but those are kind of straightforward these are range bars up at the top some of our larger time frames up top, let’s go up to the top here will show those real quick range bars this is where we start to get your one where we talked about the tie the wave and the ripple alright, so this is kind of a dividing line right here over here we’ve got n Q over here we have the doubt on this particular screen again we’ve got a lot of screens here going on, if you guys have questions again feel free to ask those we will get them answered, but there’s a dividing line right here the top side up here top right we’re using an 89 there’s also a division line here this is the tide that we talked about 89 range at the top the wave is down here now this varies we use optimized settings that come out of our robotic strategies to determine what we’re going to do on these time frames right here, so for the mid time frame what a lot of people refer to as your mid time frame this is the wave, so up top we have the side we have the wave, and then down below on our screens down below that we’re about to get into on the j-hook the ripple entry on the j-hook is going to come off of the lower timeframes, but these up here these are when you when I’m saying 89 these are range bars ranges and again in our strategy we participate I’m sorry we anticipate one bar at a time we don’t try to necessarily predict multiple bars however we will look for continuations, if we’ve gotten that bar correct, so, if we are training a in this case a 21 and a 24 today and I do post those ranges daily, if you guys are not on that email distribution list make sure you do get into that Google Group you want to make sure you’re in that it should be down there in the description down below or visit the website and you can hit that subscribe on the newsletter there it is the same google group that is free to join, but you’ll get those ranges their weekly or when we optimized it during the week, if the VIX levels are above 13 or 14 I won’t get into the details of why we do that right now, but the mid timeframe comes from the optimized settings that is not the same every day that does vary and that is part of our edge that we are always adapting to the market on a regular basis which is part of why our strategies work better than others now, let’s get down right into, let’s say that you have the tide and the wave you’ve got it marked out now you come down into the ripples section this whole area here these are ripple charts these are lower timeframes now up here you’re either going to see a 13 or an 8 depending on the market we have various whoops I’m up here sorry I’m drawing on the wrong screen sorry about that folks these right here up top here you’re going to have either the 13 range or the 8 range on these are ranges you notice a little bit different when you start to get down below this line these are the Renko bars on the wrinkled bars this is where we’re going to be looking for the j-hook that I’m about to show you guys, all right you guys have questions on that make sure you put them in the comments down below or put them in the chat box here and we’ll get those answered live we are doing a live stream right now alright culture whores thank you sir fully audible you can hear well thank you sir, so on these charts, let’s go zoom into the Renko we won’t get into the Mac V, if you’d like to learn the Mac V strategy there is a video on that specifically this is an entire strategy all incorporated into one right now we’re going to zoom down in here and we’re starting to look at the actual Renko bars for the entry on the j-hook and explain why, so again start with that order of operations roll back the tape make sure you understand that first you can’t just take every j-hook, so, if remember that what I’m about to show you, you need to know when not to take a j-hook, and we’re going to show you some rolls tonight that should show you immediately when one is going to be cancelled and where you should place your stop, but, there are also things prior to seeing a j-hook you can’t just take the pattern by itself just know that, you have market structure you have tied you have wave now the ripple once you are ready and set and we’ve decided on our big picture where we’re going now we’re looking for our entry, let’s talk about those algo bars right now these are called the candy bars, but these are how you see what the algorithms are doing you’ll start to zoom in here and notice that our fab Elliott Wave entry system bars are picking out pinpoint locations for perfect entries on these charts yeah and again you can get these on your charts you can go download those for free try those out for 14 days, if you like him you can also purchase those from the website read the Vinny comm and come in here and trade them with us live every day and we do have broker statements and things attached to the last week’s worth of stuff, so, if you’re going to check those out they’re out there and available for you as well look at the links down in the description down below this video and you can check out and get more details on any of that this one right here picking out pinpoint entry locations we do use these in the room when we are ready, if we are ready to take along you do a couple of things right here center of the screen always tells us what’s favorable right now, if we should be taking a long or a short right now this one’s pretty clear it’s green says Ben he says long favorable we’re not going to be wanting to take any shorts, so we might bypass this red dot right here, because well we got lungs favorable, so I’d rather be looking for long opportunities, so this green dot right here tells me green we’re trying to keep things easy we let our tools do the work that is a big deal about what we do here using our algorithms to help us you’re not using algorithms or great tools to give you an advantage in the markets you are behind it is like you’re back in the 80s and that’s not going to work right this is a the age of cell phones and smart phones and you’re trying to go make a telephone call from a payphone or a rotary dial, you way it can work at some point it works, but it’s not ideal, look at this beautiful when I hear beautiful this is what we call the double dot right here double dot I Double Down, all right, if I’ve got lungs favorable I come in I get two dots, I’m going to enter on that second dot every time, now again, I’m going to be paying attention to the upper timeframes first they tied the wave and the ripple, but in general once I know that information it goes along with Long’s favorable, I’m going to be grabbing those dots, so you guys know about that one this one’s pretty straightforward, but how does this incorporate how is this incorporated into the j-hook you might be asking the reason I’m making sure you understand the green dots and the red dots right now is, because I’m about to go, I’m going to be showing you guys a scenario that we ran into today where that green dot came in and showed us exactly where we needed to get into this trade and to not give up on a train where it pushed through slightly then the algos picked it up BAM and it was off to the races in a beautiful j-hook trade today I think it was over a three thousand dollar trade today, but I was already in the negative brought us back in a positive territory at that point, but it was a beautiful trade setup that came through today and again we’ve been talking about getting that j-hook training out, so today is the day folks, so those of you who have been asking and begging you know you guys see me trade that j-hook all the time, but you wanted some in-depth stuff I am giving you the in-depth j-hook stuff tonight, all right, so I know some people said they weren’t going to be able to make it tonight, but hey you guys got something to look forward to on a Saturday morning when you got wake up you’ll have this in your inbox for those of you premium members and we will be pushing this we’ll be playing this weekend, if you guys want to come back and watch it for those who are not in premium services you guys can come back and check that out this weekend it will be available this weekend only, and then a week in our Premium Members section for you guys to put into your training library ok, so we’ve got our red dots green dots we’ve explained that, let’s go right to the j-hook, so what am I going to do off of the j-hook entry what does it look like now remember a pattern itself is going to be something very specific ok now what you’re going to try to find are things inside of those setups, so again some of ours that we have, let’s talk about a bat wing, so you’ve got something, let’s come back and do some straight lines here make this pretty, so we’ve got an impulse leg comes down we’re going to have a couple of these then we’ve got the infamous bat tail bat wing coming through and we start to see this is a pattern this is a bat wing pattern that we use we take our entry points here and here actually not this one, but we’ll take this one or, if this continues to come down we will enter multiple times as many times as this comes down we’ll take another one right here we’ll add to our position stop goes down below, and then we are taking this up to what we use our fib we measure the fib where does the fib go we take our fib tool we measure from here to the bottom we take a the 50 and the six one eight for our targets up above, so I know those targets aren’t straight there, and then once we get those we know our targets are coming in pop and pop there’s a pattern this is an example of a pattern that we take off of our riffle I’m sorry yeah off of our ripple timeframes on those ring COEs and why can you see this a time chart no you’re not going to see this down on a time chart again time charts don’t count around here we do not use time charts we do not recommend using time charts all of the retail unfortunately losers are using those you do not want to be using what the retailers are using don’t use time charts, so our pattern here that we’re going to be talking about only comes off of a j-hook pattern only comes off of sorry off of the candy bars and in this case the algo bars that are going to be renamed and sent out to you guys shortly once we get that kind of rebranded as the algo bars, so first thing we need on our list once we have our upper timeframes order of operations order of operations part two look for a trap do we have a trap then what are we looking for impulse leg impulse leg that will finish the trap then we’re looking for a triple crown and a fakey leg, so, let’s go down the list here make sure you guys take a screenshot of this or, if you’re taking notes these are the items that should be in your list number one order of operations check, if you don’t know what those are make sure you get to the videos part two did you see the trap we have specific training around the trap it’s very important this does not count, if you do not have a trap first there must be a trap in front of the jail next part the impulse leg the impulse leg is what finishes off the trap that keeps some mice inside, so to speak, all right impulse leg will show that once the impulse leg is there you must have a triple crown now that triple crown we’ll talk about a few variations of that, but in general this is going to be a very specific one two and three tip on almost looks like our batwing, but you’re going to see something like this it does require this formation on the triple crown this is what we refer to as for crown you’re going to be looking for this at the top again you’re only going to see these on those algal bars, but we’re looking for something like this you can see a nice little crown looks like it with the Burger King and got yourself a burger, all right fakie leg last thing fakie leg now this is where the risk comes in, so now, you need to start thinking about your risk right here on the fakie rag the fakie like this is the risk leg, all right, so once it starts to form this is also known as the leg of hope you’ll hear me call this the leg of hope right here the final leg of hope actually, so, let’s come back down here and you’ll understand what that means here in just a moment, because this is what happens when the trapped Raiders are sitting inside of this formation and I’m about to show you this is the final leg of hope now, if they’re wise they will bail on it, again this can also help you, if you are caught inside of a trap and you might be looking for, all right well hopefully I get that final leg of hope, but you better get out as soon as you get that red to blue bar ship and again everything we’re going to talk about here is on the long side however you can flip this upside down it works in the other direction as well, but everything ever talked about here tonight we’re going to be talking about a dr. Seuss entry that’s one fish two fish red fish blue fish that means we’re taking from a red to a blue bar color shift and again that is, because we use red and blue bars for our entries on the algo bars here at least on my screens you can change them up and do what you want of course for the colors, but, if you are downloading and installing our templates which I highly recommend you guys do head over the website download those indicators again, there are many of them, but you need for separate charts and you need for those templates and just apply them make it easier, so you can have a setup just like mine and it’s not that complex even though it might look like it and some people get a little overwhelmed by it, guys have questions again pop those over in the chat box right now I’ll get those answered or drop your questions down in the chat box in the comments down below I’ll get those answered for you, all right final leg a hope take a screenshot you got it, let’s move on, so these are the rules order of operations trap impulses like triple crown and the fakie leg ok the risk leg final leg of hope now we’re going to talk about what it looks like how to get into the entry itself, all right, so we’re going to have price coming into an area, let’s go again we’re going to go for what happens on the we’re going to talk about Long’s and everything that we do here, all right, so we’ve got something coming down we’re going to have a trend down into a direction generally coming down coming down whoops help, so, if I click the button properly, all right some people coming out and, maybe something coming down and a big leg like this, and then all of a sudden people start to think alright I’m about to take a short right here boom what happens you get a whole bunch of people starting to hit the red button right here a bunch of people selling they’re probably getting some sellers here trying to pull back traders to see this big drop they’re grabbing here they’re selling here they’re selling here all of a sudden they start to get their drop more people trying to add right here and they’re expecting a big big drop that’s what they want this is a retail scenario they’re looking they’re thinking all the antis things going down well right about that time that price rips back the other way P for price pink here, all right comes down and goes woo it’s a terrible drawing Vinnie make a straight line with your son here we go rip alright, so everything we talked about first of all step one is there a trap we have mini traps I won’t go into those tonight you guys can look those up a lot of people can teach you guys about traps you look for some traps in the price action we teach very specific kinds it could be a bat wing this could be this one right here that kind of does the little final fakie leg down we get a beehive right here and it’s up and off to the races, but you must have a trap first, so number one this is the trap sorry well after order of operations what do we need we need to have make sure that we have a trap do you have a trap that’s a question you should ask yourself first when you see the j-hook, because most of the time people will see the j-hook before they see the trap remember what I just said most of the time you’re going to see the j-hook before you see the trap, but when you see the j-hook, you need to ask yourself this question was there a trap in front of this j-hook, all right you guys fallen, so far trap do you have a trap, so once that trap is formed its going to look like this that impulse leg rips up, let’s actually go ahead and change to our blues, because we are going to be using at this point you’re going to see our bars are blue in color and, I’m going to show you guys a live scenario we’re going to go through kind of a standard one and we’re going to go through one that was a little more complex that came in today that also incorporated a green dot that showed us right where those bots picked it up and ripped it the other way gave us three about camera, if it was thirty two hundred or thirty five hundred on that move, but the blue leg came up and out after the trap and what you’re going to be looking for is something like this now, you need to make sure first back to the left this is it now why do we call it the j-hook, all right, so, let’s just take some visuals here real quick, all right what you’re going to see on a j-hook you’re going to see a big impulse leg here’s the here’s the j-hook right here, if my terrible drawing some pair with me here, but this is what you’re going to see, if you were kind of to visualize a j-hook and it’s the j-hook, because sometimes again, if it’s upside-down going the other direction this is going to look the other way right you’re going to have a hook right or an upside-down J flipped kind of upside down, all right and in front of it, you need to have some kind of trap, so you can see, if this you flip this over you would see this looks like a J, all right that’s where the J hook comes from, so you’re going to be looking for the J hook this is the easiest thing to kind of see again it’s one of our go-to is one of my go-to is that I want to see I want to see a J hook like this, but once you see this visually you see it, you need to ask yourself a question what was that question did we have a trap in front of this J hook, you need to look back to your left look to your left and look right down here did you also have a trap, so look to make sure you have a trap, let’s just assume that at this point you’ve identified there was a trap down here, trap was set you see this formation now he’ll, let me kick back here and take this one off, let’s just look at just the trade bars themselves now in our in our sets these are going to be red, so the J hook particularly for our bars using those alcohol bars these are going to be red, so this starts to look like this, so your J hook on our bars it’s going to look like this what was one of those identifiers, you need to have the triple crown triple crown do you have a triple crown involved yes now we need the fakie leg, if you go down your checklist over there the next thing, you need to look for is the fakie leg you got the triple-crown, but you need the fakie leg, because this is what you’re going to be looking for the entry this is going to be what I call the fakie leg and you’re about to see why we call that the fakie leg in just a moment now remember what I said just a minute ago when we were talking about the trap this is going to be a bear trap you guys probably saw and the funny icon are the funny thumbnail that we use for this a bear trap when we’re going long bear trap in front means that they are trying to take this short alright this is the retail traders trying to go short with it and they got ripped up and now inside of this box over here of all this area where they tried to get short they were going down and now this thing ripped above all of those all of those shorts where they’re trying to get short and this price is now up above it, so they’re all sitting in negative territory you guys have probably all been there before you see your red PL and you’re like off it can just come back to my entry price, so all their entries are in this area, but now the price is up above it, now here’s the psychology behind it actually, let’s let’s do the whole thing first, I’m going to come back to why it works what’s the psychology behind it you have a bear trap in front the fakie leg comes in, right about here this kind of completes out that j-hook that I was talking about you want to have a nice-looking j-hook right here big fat Jay hook and right here is where you want to enter green however first thing, you need to wait for is we have again we have multiple timeframes for those candy bars alga bars, but now you need the next thing you need a blue bar just won the very first blue bar now we also have the candy bar closures entry indicator that’s what you’re going to use to get your entry, if you don’t know what I’m talking about it’s our orange we kind of have the orange dotted line there and we have two of those that kind of tell you where the bars are going to enter on you want to put your entry right here you’re putting a long entry right here and you kind of remember you remember how we teach it you create it on the chart and you drag it down and you place it right there at the candy bar closures entry, if you don’t know what I’m talking about make sure you get to that training otherwise you might be a little bit lost, but you’re going to set your stop limit order right there on that indicator that tells you a poem it’s right here, so you’re going to get that first blue bar boom you’re going to get entered into this trade now what we start to see is this leg is the leg of hope we’ll come back and explain why that is, but I just want you guys to focus on this take a screenshot right here this is your entry for this trade you get the j-hook you come in this direction and this is your entry point right here your stop is going to come down here down below the pivot kind of standard practice get your stop way down below however for me I also have a default 25 ticks I won’t take any more than a 25 tick stop pretty much ever on any trade, if it’s me, if it goes more than 25 ticks it’s not in my area however this is generally not 25 ticks away however it could be up to 25 ticks away, but again, if this thing starts to tank all the way down we’re done however most of time, I’m not even going to let it get to that stop because, I’m going to show you guys another way that you can validate whether or not this is a j-hook, but I want to show you guys the simplest a way to take this trade first, so the simplest we we’ve got the Triple Crown we got a fakie leg boom we take an entry boom we put our stuff down below what are our targets our targets this is the beautiful thing about this trade this is one of those trades that you can this is a massive risk/reward target now this is not relative here, but you are at least getting a one to one for your first target it doesn’t matter how far down this is whatever this is, if this is 25 ticks that’s 25 ticks up above and it is it can be a big one this is a this is a very this is how you catch a very big move off of the j-hook, I’m going to show you guys that on a chart, because this isn’t just a straight one that you’re trying to look for here however often times they do this is one that takes a lot of you know some of those trades have you kind of calls you anxiety you’ve got those trades that take a long time this trade in general does not take very long it happens very quickly and I’ll show you guys a psychology behind it and why it occurs, because again it’s the pattern itself that represents underlying psychology of other traders and there’s a trap in front Jay hooks in this is going to be our it’s going to be our entry and this Runner starts to move pretty quickly you’re going to get your first one and this guy starts to kind of rip pretty big usually back up into this area where everybody kind of started to, maybe some folks with the bear trap might have started to add in this area when they started to see some you know some red with them generally rips right back up in this area kind of, maybe gives them a little bit more hope that oh, maybe this is going to come down get a little whoops Wow can’t can’t hit the right keys tonight try that one alright, maybe a little red, but the rest of this is pretty much all blue from here this guy kind of starts to go like this we might get a little of this, but we start to see this guy really start to go really quickly and we are off to the races now that first target again you’re going to take your first target off you know it’s up to you on your chart on your account size how you do this, if you’re doing you know a single contract this one you don’t have to take the one-to-one this one you can do like a 1.5 to one or, if you don’t know what that is make sure you guys kind of go back and do some training this is standard stuff I’m just going to focus in on the entries that stops the targets on this we’re going to show the standard, and then some of the more complex ones, but this guy starts to run really hard after the j-hook, but the visual that you’re looking for on this is all you have to look for this is what we’re looking for remind you it’s on our candy bar types right here you want to see that right there you ask yourself do we have a trap in front and you just take an entry right here now you can add to this position all the way down, let’s talk about how can you build a position here right I tend to jump in I usually get around eight contracts is my minimum for one of these, but I’ll build up to a 16 or 24 contract trade on these again to max, I’m going to grab is a 40 contract trade on the markets that we trade now half of that on crude or gold, but those are my numbers you guys see me do that on daily basis again, if you want to want, if you’re trying to ask yourself you know what are our targets our stops daily basis in our live room look down in the description down below you’ll see our risk level of max 5% on average one two three percent that’s on a risk as well as our returns and again I’m personally from my account size I am targeting three to four K per day on in our in our live room now that doesn’t mean you guys have to do that everything should be account size relative, but this is our entry point for this pattern get in however you wish on that, but you’ve got a lot a lot of zone here, if this first one comes up and this starts to come down that’s, for me as soon as this turns blue again here’s another entry for me, I’m going to take another long entry right here alright every one of these this is the dr. seuss methodology entry system, if you guys are trying to wonder what you know well what is that don’t make sure you get that training right here I’ll take another one orange these are my entry points as I’m trying build a position sometimes I only get one entry, but oftentimes I can get more than that, so up to what level Vinnie you might say do you just keep adding all the way to it all the way to the bottom no I’ll show you guys where my cutoff is, if I can change green Long’s I generally want to try to get three entries here as I’m building up a position, but I will take this all the way down you gather you be familiar with your fib tool, all right, so make sure, if you don’t know what the fib tool is I think most of you guys do I mean golly there’s a thousand trainings out there for that, if you guys want to get my fib tool settings you guys can watch in the videos to get those fib tool settings Skype members I’ve got you guys I think I sent that out to you guys just the other day somebody asked for it again I don’t mind sending a screen shot over to you to get my fib tool settings again for my colors and the different levels, but one of those levels you’re going to see in there for me, if you’re using my fib tool settings this is general stuff again, I’m not going to get into teaching you how to use the fib tool tonight, but, let’s just assume that you know how to do that there should be a prerequisite for trying to trade this tonight you’re going to use that tool and you’re going to measure from the tip of the start of this big impulse leg you’re going to measure it right here and this is going to come back and you’re going to get two lines, so you’re going to get a fifty and a six one eight and you guys probably already familiar with that, so, I’m not going to go into too many details on that, but, let’s draw in a shift button here mmm cover that up yeah it’s going to be there anyway, so, if you’re using my fib tool you’re going to see a box that looks like this oftentimes you guys will see me kind of draw in a square and I’ll color it in to go, here’s my target box well in this case I’m using this for an entry box and this is our entry box, if the price stays inside of this area we’re good, I will enter all the way in through the 50 and the six one eight you’ll also though see a dashed blue line right down here, once we get to the 786 though that’s no-go, once I hit a 786 I might grab one more entry there and hope for a pop-up, but I will bail, if we go past this area right here this is the no-man’s land right here I start to think about moving my stops in depending on the speed of the market I want to start going ahead and changing my mind on moving my stops in, because break a break of this box invalidates this trade you guys understand that, if you don’t understand what I’m talking about type of -, I’m going to assume you guys are following with that, if you don’t know what I’m talking about type of comment down below well myself one of the moderators will get that answer for you, but as soon as I break that box I am in validating this j-hook trait, this needs to stay up in this area preferably above the 50, but, if it gets into six one eight that’s awesome, because I can dig in and get some nice entries here, because these guys rocket-launch out of this area when it starts to come and with all the momentum well, so we’re going to talk about why this works here momentarily again for the psychology behind why this thing has such a huge impossible, because when you see one of these go you guys have seen my j-hooks they go and they go and they go and it’s, because of that bear trap right there and the stops that are behind it as well as the professional traders and the algo is pushing this up and just late whaling all those stops that are trapped in that bear trap yeah I’m a little sorry give me take a quick beverage here it’s Friday night you don’t drink soft drinks, but it’s Friday night I got to do something crazy right, so this is the j-hook pretty simple to see pretty simple to execute you just need to have the right tools fib tool make sure you got our algo bar set make sure you have our order of operations nailed down make sure you go through, if you’re just now joining us my board make sure you roll back the tape and get the full rule set the kind of the pre structure of this don’t just take this off on its own, so targets, let’s start to look at some live scenarios you guys have any questions, so far I try to be pretty thorough in my explanations, so hopefully there’s not too many questions there, but, if you have questions do go ahead and post those in the room right now, because once this screen goes, I’m not going to get it back here I didn’t didn’t take my own screenshot which I should probably do, let’s do that how about that we’ll go ahead and get a screenshot here give me one second alright now as soon as I capture that that’s going to go away oh hey it’s Dan tonight I’m getting I’m getting lucky excellent work, am I going to be able to come back here I think when I click it’s going to, I’m going to lose it oh, still got the drawing tool how cool it’s my lucky day happy Friday, so I think everybody’s got that no questions, so far, so we popped down into that box we’re going to take the long now how far can we go with one of these you guys have seen my j-hooks these things this is an impulse start to where I start to add to my position on all the pull backs, so now I start to engage after I’ve got my big winner I start to engage, if you want to see that in action today go roll back the tape play today’s video back while we you literally did it live in live market conditions today

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