Hi! Welcome! Hello! Good morning, good evening, good night, good afternoon, wherever you are. Thanks so much for tuning in. My name is Linda. This week, back with another live session for ITTT, which stands for International Teflentesal Training. So thank you so much for joining me today. It is 10.15 a.m. in South Korea where I am. And yeah, today we're going to talk about the biggest misconceptions about teaching English. So those are those things that we at ITTT kind of get asked a lot or people what I read on forums. I do a lot of Tefl research. So when I dive deep into the forums where people talk about teaching English abroad, I come across these misconceptions all the time. And today I want to take this opportunity to sort of debunk them and let you guys know what is true, what is not true, what's really going on in the Tefl world. And yeah, thank you so much for being here today. Please don't forget to like and subscribe. We are live on YouTube and we're live on Facebook at the same time. So you're already here. You have nothing to lose. We go live every week. And we also share a lot of other great content on our Facebook page, on YouTube, on other social media platforms, but especially our Facebook page is filled with new stuff every day that can be anything from teaching material that you can use in your classroom, also job offers, and other things, videos, just little tidbits and help resources, helpful resources and job offers and all things teaching abroad, online, Tefl TESOL, what have you, all of that good stuff is on there. So please give it a like, a follow, subscribe, since you're already here. You can also find my personal Instagram at Linnigo's East, which you can see down here. If you want to ask a question more direct to me, not in front of everybody during this live, feel free to reach out to me. And yeah, also before we get into it, I would really, really, really like to know where you are watching from right now. Where are you watching from? I am, like I said, in South Korea. I've been here almost seven years now. Time goes by so fast. And spring is right around the corner. My favorite time in South Korea because of all the cherry blossoms. So I'm super excited for that. Today is a little bit rainy, but we need the rain for all the blossoms to bloom hopefully next week and the week after. So that's what's happening here in Korea. How about you guys? Where are you watching from today? And what time is it? And maybe also a little bit about your Tefl background. Are you already Tefl certified? Are you currently taking a course maybe? Are you thinking about it? What is your situation? Let me know in the comments. And yeah, just, or maybe just a hi. That would be great too. A hello. So that would be fun too. And then we can get into it. Like I said today, we're going to cover the biggest misconceptions about teaching English. And I'm actually going to cover eight misconceptions. Excuse me. I'm going to go into it. I have my mic here. And we're going to go into it. Eight different misconceptions. We're going to look at them. We're going to debunk them. And I'm going to tell you exactly what the situation is. What is, why they're not true, why they are true. Let's see. But that's what's happening today. While I'm waiting for you guys to let me know where you're watching from, I'm just going to introduce myself real quick for anybody who has not seen me before. Maybe this is your first time joining. Thank you so much. My name is Linda and I am a travel writer and content creator under the name Linda Goes East. You can find my personal website at lindegoseast.com. This is where I kind of share fun things about living in Asia, in Korea. Before that, I also lived in China. So you're going to find content about that. So if you're interested specifically in East Asia in China or in Korea, I highly recommend you check that out. And like I said, I'm also on social media at lindegoseast.com. You can reach out to me there. I'm originally from Germany and the US. My mom is German. My dad is American, but I've been based in South Korea for the past almost seven years. And before that, I also lived in China and I taught English in China. And I've also been teaching English in Korea. And I have also been working as a Teflon marketing professional for ITTT for the past probably six years full time. And then before that, also a little bit. And ITTT stands for International Teflon Teflon Training. You can find us online at tefloncourse.net and also on Instagram at International Teflon Training. We are a leading Teflon Teflon course provider worldwide. So yeah, that's what's happening. And I know that some of you watching are already certified. Some of you may not be at no problem. We are actually having a 30% off opportunity today during this live session. So what you can do is you can scan this QR code that you see right now with your phone, just with your camera, you can hold it, you can scan the QR code, and then it will lead you directly to the application page. Oh, you can't see that now. It's blurry. Anyway, try for yourself. You can scan it. It will lead you to the application page. You can fill out your application and you get 30% off. It even says it here. You'll see congratulations. You're being granted a 30% discount on every online course and on every in-class course deposit. So you'll see that there. If that does not work for you, fret not. We also have a direct link, a discount link that I'm going to share with you now in the comments, which looks like this. There you go. And you can copy and paste this link and then it will lead you to the exact same application page and you can fill out your application there and also get a 30% discount. So yeah, if that does not work for you, maybe there's some issues, let me know. I'll help you out with that. But yeah, this is a great opportunity to kind of get started with TEFL and TESOL. Or if you're already certified, you can get a specialized TEFL course. You can also take a TESOL diploma to kind of just build upon your already existing certification and knowledge. That's also always a good idea. And we have Juliana here. Hi Juliana, watching from Illinois, 819. All right. Yeah, you changed your time, right? You told me. And yes, today is St. Patrick's Day. Yeah, March 17th, right? It's already March 18th here, but in a lot of countries it's still St. Patrick's Day. True. I should have worn something green. Oh no, I missed my opportunity. That would have been so fun. Oh well. Is anybody doing anything fun for St. Patrick's Day? Juliana, are you doing anything fun? Are you out? Anyway, good. So yeah, please don't forget to like and subscribe and also make sure you check out this discount if you are interested in getting a TEFL certificate. That would be really, really good. Yes. Yes, you are out and celebrating. All right. Very cool. Nice. Okay, so back to today's topic. So like I said, we're going to talk about the biggest misconceptions about teaching English. Eight misconceptions I'm going to mention today and we're kind of going to debunk them. Oh, Brett is in the house as well. I'll be going to bed early for fun. All right. Yeah, that's my kind of fun as well. That's when you know you're old. Right? Yeah. All right, perfect. I see a lot of you guys are here. Awesome. Okay. Nice. Then let's jump in and kind of the first thing I want to mention, and I know that some of you guys already know this, but this is something just that we just get asked a lot. So I just want to mention that in the beginning, the difference between TEFL and TSOL. So TEFL and TSOL, the training actually that you receive at ITTT, you can choose between TEFL or TSOL, but the course, the training that you receive is exactly the same. So TEFL stands for Teaching English as a Foreign Language, and TEFL and TSOL is Teaching English to Speakers of Other Languages. And so these two things actually mean the same thing when it comes to teaching, when it comes to TEFL or TSOL course, the training is the same. The only difference is that the term TEFL is more commonly used within the UK and Europe. So over there, people just call it TEFL. Whereas in North America, Australia, New Zealand, people tend to say TSOL more. So that's the only difference. So when you sign up for a TEFL course with ITTT, you can actually choose whether your certificate says TEFL or TSOL. And there's no difference there.  All right. Right. We have Daniel here. Hello, Daniel. How are you doing? Thanks for being here. Okay.  Hey, what's the difference between TEFL and TSOL? Should I take a TEFL course? Should I take a TSOL course? What's going on? The two things are the same.  That's what you can choose, but the training is the same. That right up the bat. So that is no misconception. It's just in the beginning, I just wanted to mention that so that we're all on the same page here. Daniel says, I am good teacher and you, I am very good. Thank you. I'm doing great today. Thanks so much for being here. Good to see you. All right. Then we are jumping into our very first misconception of the day. The misconception number one about teaching English is it's really hard to find a job teaching English abroad. It's really hard. We have Aldana here today. Hi from Argentina. Hey. All right. So first misconception, it's really hard to find a job teaching English abroad. In my opinion, if you really want to go and teach English abroad, anyone can do it. Okay. Anyone can do it because the demand is really, really high. And it's true. It's not super. It's not the easiest thing in the world, of course. And maybe you want to go to a country or a place. You have set your mind on a certain location. Maybe that doesn't work out. So you need to be a little bit more flexible, but it is not super, super hard actually to go and teach abroad because the demand for English language instruction around the world is huge and it still continues to be huge, even though everything that happened in the past two years or two and a half years, two years, three years. How long has it been? I have no idea. Two years over two years. Anyway, so there are about two billion people in the world speaking and learning English according to the British council. So those are all potential students of yours. That's a huge number. And it's only increasing further. You have some of the biggest players here that I named, the biggest players sort of in the EFL, ESL industry, you might want to remember those for when you're applying for jobs.  So we have burlitz languages. We have EF education first. We have in Lingua International. I actually attended in Lingua in Germany when I went to school years ago, over 10 years ago to become a, what's the term, international foreign language correspondent. I did that training at an in Lingua school. So they are very big, especially in Europe, I feel like. Then we have Pearson English language teaching, okay, Panda and VIP kids. So those are some of the biggest players in the EFL industry. They are always hiring and they are, they tend to be very, they are, all of them are very renowned and reputable. So if you're looking for a job and you see one of those names, you might want to apply because they're pretty good employers as well for English teachers all around the world. Then we have certain government funded programs that are also always looking for people. We have the Epic program in South Korea. We have the Jet program in Japan, and also other programs like the Taepiff program that's in France. We have the Net Scheme in Hong Kong. And there's many other programs actually that you can also apply to, to find an English teaching position. So there are certain countries in the world that have implemented these government funded programs to attract foreign English teachers into their schools in their country. So those are really, really great and they hire every year. So those are good places to start with, especially if this is your first time going abroad to teach. Those are always really good because they tend to have a very clear like structure. They have a lot of support for new teachers. So it's really, really great. And another thing I wanted to mention that kind of shows the big demand is that 50% of the teachers abroad, they stay for a second year and the other 50% are moving on. So there's always 50%. There's a huge turnover each year, which is a revolving door of job openings for you, right? So you always have access to new jobs every year. So this is why if you really want to go abroad, you can definitely find a job. Depending on obviously your background as well, that there are a lot of key factors and we're going to go into that as well. But if there's someone who's really determined to go abroad, you're definitely going to be able to do it. So it's not really that hard. I've met many people along my journey in China, in Korea who have had no previous experience, nothing whatsoever. They just kind of some of them just kind of applied because I don't know out of fun and they got the job and they are in China or in Korea or in Japan or wherever they are. So if you are determined, you can definitely make it. That was misconception number one. Let's move on to the next one, which is number two, you need a degree to teach English abroad. That's also misconception. Not always. Actually, there are a lot of places, a lot of countries where you can actually teach without a degree. Believe it or not, it's not impossible to find a teaching position abroad without a degree. Yeah, Aldana, she says, I think anyone can find that job. Yes, absolutely. It might not be in your preferred place, right? We all have this dream destination. Maybe you can't go there yet. Maybe you need to go somewhere else first and then get teaching experience and then after a couple of years, you can go there. But you can definitely find a teaching position if you are looking for one. All right, first off, let's look at the requirements for teaching English. So they vary from place to place. There are no set requirements, no set list, like this is what you need. Most of the time, what we see is that we need a four-year degree is often required, but not always, right? So there's still a lot of places and that's going to be on the next slide. A lot of places where you can teach without having a four-year degree. If you have a four-year degree, obviously your options will be bigger and better. You have more options to choose from. If you don't have a degree, it's more limited, but it's not impossible. And Trams here is asking degree in which subject. So normally it actually, and that's what it says here on my slide. It doesn't have to be in the field of education. It doesn't have to be in English. Usually it doesn't even matter what field, what major you have a degree in. As long as you have completed four years of university and have a bachelor's degree, you're good to go. For example, me, I have a bachelor's in management. So also not language, not teaching, nothing like that, but that is still accepted. Obviously, if you have a bachelor's degree in teaching, in English, that's going to be a huge plus for employers, right? But it's typically not required. Then some other requirements we often see are teaching experience. However, it depends on where you want to go. So like in the Middle East, for example, which is a highly competitive region for English teachers because it's so it's full of really great opportunities and tax-free, super high salaries, the highest in the world. That's why a lot of people want to go there. Their requirements are higher. So typically in this region, you will need teaching experience, but other places like Korea where I am, Asia in general, you're not going to need any teaching experience. You can do this right after college, right after wherever without any teaching experience. Next point is native or non-native English speakers. And this is also going to be a misconception later. So I'm not going to talk too much about it. And another requirement for teaching English abroad would be that you are adaptable to new situations, obviously, and you are eager to learn new things. All right. Hey, Mikey. How are you doing? Mikey says maybe it depends on the school. It also depends on the school for sure. Absolutely. Absolutely. The schools, they can make their own regulations and they are free to hire who they want, obviously. So these are some great places where you can actually teach without a degree, especially Southeast Asia and Latin America. So if you look here, Southeast Asia, especially places like Thailand, Cambodia, Vietnam, Laos are great for people without a degree. Also Latin America, countries like Argentina, Brazil, Chile, Mexico, Colombia, Ecuador and Uruguay are great. And also actually in Europe, you can make it in Spain, in Italy, the Czech Republic and also in Russia without a degree. Now also sometimes regulations, they change. Visa regulations change. So maybe it will change in the future. Always keep an eye out on that and always kind of check. I recommend checking out job offers, even if you're not ready to apply right now, look up job offers and see what kind of requirements they have so that you know what either what you still need to get or if you need to maybe change your preferred destination. But these are countries where you can teach without a degree, a four-year bachelor degree. So this was misconception number two. You need a degree to teach abroad. You don't if you want to teach in these countries. Juliano. Hi. Fausan also. Hello. Good to see you all. How are you all doing? Great. All right. Now we're moving on to misconception number three. Let's take a look what that is. That is Tefal or teaching English abroad or as a foreign language doesn't pay well. That's a misconception. So there's no fixed Tefal salary, right? Like a global salary. Like this is what you'll make when you teach Tefal. It depends on where you are, right? What company you work for, how much experience you've had previously, your qualifications, what type of school you go to, where you are, etc. But it is a misconception. Tefal doesn't pay well is not true. You can actually make a lot of bank teaching English as a foreign language. So let's take a look. These are the places with the highest Tefal salaries in the world. So looking at, if you want to go to Southeast Asia, you can earn up to 1500 US dollars, which maybe doesn't sound like much, but consider that the cost of living in this area is very low. So you're not going to have a lot of expenses when it comes to rent or food or transportation or anything like that. So you can actually still live a very comfortable lifestyle. East Asia, so that is China, Japan, South Korea, and sometimes also Taiwan is kind of included in that. Here you can make between 2000 and 2500 US dollars for new teachers and then up to 3000 for those with experience. Cost of living in East Asia is higher than Southeast Asia, but still lower compared to Europe or North America. So you're still going to be able to save a lot of your paycheck. And in East Asia, what also you need to keep in mind is that schools in East Asia typically have a lot of benefits for their teachers. So that includes paid housing, paid airfare, round trip. If you stay longer, then you can also typically get like once a year a free flight home. What else? We have pension schemes, we have insurance, all of these things. You have end of contract bonuses, renewal bonuses. There's a lot of extra benefits for teaching in East Asia. And especially the paid housing will help you so much with your salary. So you can actually save a lot more or spend a lot more living in East Asia. Then we have the Middle East, which is the highest paying region when it comes to teaching English abroad. So here you can actually make between 3000 and 5000 a month tax free. So you don't have to pay any income tax there. So that's a really good point. And this is really where I think the misconception is very clear that TEFL pays very well, especially in the Middle East. And that's why also this region is highly competitive actually. And the requirements are a little bit higher than other places. Then we have Latin America, where it's kind of the lowest among the lowest in the world actually. So here you make between 500 and 1200. And then we have Europe, where it varies a lot because there are so many countries. So between 700 and 2400 a month really depends. So typically if you want to make a lot of money, if you want to be able to save a lot of money, most people head to the Middle East or East Asia. Those are the two biggest ones. If you're all about the money, obviously, if you're all about the experience, if you're like, hey, I really want to go to Peru and live there for a year, go for it. Go for it. All right, we have Faozan asking, is the life cutting or is it just me? Oh, I hope it's okay for everybody. Let me know. I hope it's not a bad connection. Let me know. Maybe it's just my voice today. I still have a little bit of a sore throat, but all right. Yeah, Mikey's saying Linda here in Taiwan, we have a lot of benefits. Yes, absolutely. What are your benefits at your school? Let me know. That'd be cool. And we have Abdullah here. Hi, Linda. Baraka. Oh, Baraka. Is that your name? Watching from Sudan. Oh, Baraka. Cool. How are you doing? From Sudan. Welcome, welcome. Awesome. Okay. So these are the places and the salaries. So as you can see, Tefl doesn't pay well. It's definitely misconception. It always depends on where you want to go, where you are teaching. So Middle East is number one when it comes to highest Tefl salaries. So if you're all about the money, head to the Middle East. Number two is East Asia, and then sort of Southeast Asia, Latin America, Europe. Europe is tricky because as you can see, the salaries aren't that high, but the cost of living is extremely high. So, all right. Fosanzas know your voice is cool. As usual, Linda, it might be my connection. Thank you. All right. So this was misconception number three, I believe, with Tefl doesn't pay well. Moving on. Oh, excuse me. We still have one more slide. So these are actually the highest salaries by country for teaching Asia abroad. I forgot I had this slide as well for you guys. These are the top 10 countries where you can earn the most money. Well, maybe if you're, if you want to read more about this, you can pause here. If you're watching the replay, you can take a screenshot, but this is what it looks like. So as you can see, many countries in the Middle East are in this list and in East Asia. And then we also have Hong Kong and teaching online. But this is what it looks like currently. Obviously, things are changing, but in general, this is the list of the places where the salaries are the highest in the world for English teachers at the moment. Okay. Then misconception number four, and this is an interesting one, you need to speak another language. So we always get this question. For example, people who want to teach English in Spain. Hey, do I need to be able to speak Spanish to teach English in Spain? Or do I need to be able to speak Chinese in order to teach English in China? And the answer is no, you do not need to speak another language besides English in order to teach English abroad. However, obviously, if you do need, if you do know the language of the country that you're moving to, it's a huge bonus.  But in general, in my experience, you are hired as an English teacher and they only expect you to speak English at my school that I taught at in Korea. And I think also in China, actually, they had this thing called EOP, English only policy. So you were actually only allowed, allowed to speak to your students in English, so that it kind of creates this immersive English environment. So there was no expectation towards me whatsoever to be able to speak their language, even though I did take language classes, because I always, I'm super interested in languages. So I would always anyway, recommend learning the language of the country that you're moving to. But that's another thing. But it's not required to do that. Now some job offers, when you're looking at job offers, some will say that you need to be able to speak that language, but that's very rare. Depends on the school. Or also, I know that the teaching program in France, they actually have that as a requirement, I think you need at least B2, level B2 in French, to be able to do that program. But that's just for France. So in general, you do not need to speak another language. All right, and we have Mikey here telling us about his benefits of teaching English in Taiwan. So I just want to share that with everybody here in the comments. And he says benefits are accommodation, attendance bonus, this is cool. So if you're not sick, I guess, excuse me, end of contract and renewal contract bonus, free lunch. Oh, we had that too yet, my school free lunch, paid, paid unpaid leave, paid leave, I guess paid like holidays and national holidays, provide of lesson plans, plus when incorporating or do more class activities during your lessons. Okay. That is cool. I like that. How about your flights? Did you also get free flights? Curious to know about that. But yeah, that's awesome. And this is kind of what we see a lot in East Asia. That's why East Asia is very popular. So again, that is China, Japan and South Korea and Taiwan. Yes, free flights also. Very cool. All right. Nice. All right, Eli says, oh, hi, Eli. Good to see you again. Can you ask if Mikey is okay telling us which company or school they are speaking of? I mean, Mikey, if you want to share what school you're working at, feel free. If you don't want to share that, maybe you and Eli can have a talk privately. That's totally up to you. Awesome. All right. Oh, and Mikey is Taiwan open for international travel. Just very curious. I really want to visit again. And now there is no quarantine in Korea anymore in three days starting from March 21st on Monday. So I'm looking for vacation options in Asia. Anyway, that's another thing. All right. This was misconception number four. I don't have a second slide for this because the answer is just no, you don't need to be able to speak the other language in most cases. Sometimes you need to, but then it'll be clearly stated in the job offer, but that's really rare. Yeah. Eli says, Taiwan is top of my list right now for working. Awesome. I love Taiwan. I've only spent a week there, but it was so great. And I really want to go back. And um, if I wasn't married and kind of tied to Korea, I would probably also move to Taiwan. Oh, so I was on why my studies won't complete. Why I'm tired of just dreaming of a Middle East position and finish it, finish it. You can do it. We're all rooting for you. All right. Good. Let's have a look at misconception number five, what that is. Okay. Biggest misconception about teaching English, number five, you have to teach kids. You have to teach children. That is also not true. Even though, depending on where you go, like a lot of times in Asia, many schools, they actually are targeted towards children. So yes, teaching children is a large part of TEFL and EFL. But if you absolutely don't want to teach children, you can also find positions where you teach maybe older children. So high schoolers or university students or also just adults. They're also these positions. So that's not something you absolutely need to do. At ITTT, we actually kind of divide TEFL into three areas. So one is young learners that is teaching children kids. One is business English and the other one is teaching online, even though you can also teach children online, obviously. But those are our specialization courses that we offer in those three fields. So those are kind of the three main fields nowadays. When it comes to TEFLs, I just wanted to put that slide in. If you're interested in, especially maybe you really don't want to teach children, maybe get this business English course additionally, depending on where you go, there will be more positions at schools targeted at children. But you can definitely still find positions for schools targeted at adults or kind of business English. So if you have a specialization like this, it will greatly help you and enhance your chances. But from what I've heard and experienced, so places like Mexico and kind of Latin America, those places are mostly targeted at older people. Well, not children, like adults and business professionals. So if you go there, you're more likely to teach adults versus when you go to Asia. A lot of times it is schools for children. However, I also came across many positions in Asia where you teach actually adults. And one of the schools that I worked for in China, we had students of all ages. So I was teaching children, but I was also teaching adults. So it's a mix. You don't only need to teach children when you teach English abroad. So that is definitely misconception. All right. Is it loading? Okay, there we go. Number six of the biggest misconceptions about teaching English. Tefliz only for young people. No, absolutely not. No, we actually at ITTT have a lot of older people taking our courses because they really want a change in their career. Or even they are already retired, but they are looking for something different in their retirement. And they take the course and they move to teach English abroad. So this is really absolutely wrong to say that Tefliz is only for young people. There are actually a lot of schools that are actively looking for older teachers, especially when it comes to teaching business English, or also older students. For teaching children, a lot of times they hire younger teachers because they think younger teachers have more energy. But also not every school is like that. But there are no age restrictions when it comes to teaching abroad. Sometimes there are, depending on the country, where for example, in I believe in China, there is a retirement age of 60. So if you're over 60, it might be difficult to find a job in China. Things like that. But there are no official limits. So if you are older and you're thinking about teaching English abroad, it's definitely something you can do. And many schools are looking for more mature teachers. They're kind of tired of the young college grads who just want to go abroad to kind of party and live their life, live it up. So there are a lot of schools kind of are looking for older teachers, what I'm trying to say. And so definitely a misconception. It's not true that TEFL is only for young people. So don't worry. Don't think that. Okay, then we have number seven. You don't need a TEFL qualification if you're a native speaker. Yep. That is also that maybe was true literally like 20 or 30 years ago, where all it took was being from America or being from the UK, you could go abroad and you could just walk into a school and get hired a bit extreme. But maybe 30 years ago, that's what it was like today. The competition is super fierce. A lot of people are getting certified. A lot of people want to go abroad and teach. It's not something super rare or something super special that people do. It's very common these days. So the competition is fierce. So you need to step it up even as a native English speaker. You need to get TEFL certified. You need to do everything you can to kind of stand out from the crowd, get extra certifications like the specializations that I showed you earlier or language skills or anything. Being an English native speaker is not everything anymore. It's not enough. So this is definitely true. So yeah. Sorry to burst people's bubbles here maybe, but you do need to get TEFL or T-cell certified to make it abroad and stand out from the crowd these days for sure. It's getting tougher and tougher, which is good because I mean, I think schools have realized that just being a native speaker doesn't mean you're also a good teacher, which I mean, it's just ridiculous to think that in the first place. But that's what schools thought years ago. They just hire a native speaker, give them like the textbooks, and then they just figure it out. They know what to do. They know how to teach. It's not the case, right? I think schools have figured that out by now. And they're like, no, actually, we need certified people. So that's definitely a trend we're seeing. Even though there aren't certainly countries and places where a TEFL or T-cell certificate is not our official requirement to get a work visa, but then we have employers still definitely requesting it, or it's just a huge plus if you do have one. And for yourself, you just want to be the best teacher possible for your students, right? So that's why I think having a TEFL certificate is very important. And now we have the last one. Biggest misconception, number eight, you have to be a native English speaker to teach English. Also not true. Yes, there are many places where native speakers are obviously preferred, right? But I think that also things have changed a lot in recent years and schools have realized how much of an asset non-native English speakers can actually beat because contrary to native English speakers, non-native English teachers, they have actually gone through the English learning process themselves. And I think this experience is just something that you cannot, it's so valuable. And I think this is just the biggest asset of any non-native English speaker. And that's what really makes them stand out from native English speakers. And that's why I think more schools are definitely hiring native English speakers. Some countries have not yet caught up with that in terms of visa regulations. And there's actually something going on at the moment in South Korea. I just talk a lot about South Korea because I live here and I know most like the most stuff I know about EFL and stuff is Korea and China and East Asia. But there's this thing at the moment happening in South Korea, where so teachers coming to South Korea, they get an E2 visa. And this visa is only for English teachers and a requirement to get this visa is that you need to be a citizen. You need to be a passport holder from one of seven countries. And these are all English speaking countries. So that's Canada, America, Ireland, the UK, South Africa, Australia and New Zealand. So only if you are from one of those countries are you able to actually teach in South Korea. And there what is this case at the moment where a school really wants to hire this teacher from Nigeria, where English is an official language, it's their first language. But they cannot hire him because he's not from one of those seven countries. He's from Nigeria. Nigeria is not on the list. So they're currently in talks of kind of changing this law or this regulation, so that maybe in the future, more people can actually come to Korea to be English teachers, not just people from those seven countries. So that's just something that's happening. So that's a case in South Korea. There are many other countries where they actually really don't care about native or non-native. They just look at obviously your English skills. I think this is very important for non-native English teachers that you do have an English proficiency test of some sort, some kind of certificate, a Teflon, IELTS, a TOEIC, I don't know, any of those things are great. And here are some countries where you can actually teach as a non-native. And that's especially the places in Southeast Asia are great in Latin America, but also in Europe are possible. So Southeast Asia, we have Thailand, Cambodia, Vietnam, Laos. Those are all very non-native teacher friendly. And also in Latin America, Argentina, Brazil, Chile, Colombia, Costa Rica and Mexico. And in Europe, it's more difficult for sure, but Turkey is open. Also the Czech Republic actually forgot to put that in. And also if you are an EU passport holder, you are free to work anywhere in Europe. And you can also find a job in other countries in the EU. So this is what is going on for non-native English teachers. And I'm just looking at this comment here from Juliano, who says a friend of mine who is 65 has just submitted to Tefl completely misconception about age. So that was the previous misconception. Yeah, for sure. Absolutely. Absolutely. Age is just the number. Absolutely misconception. Why not? I would actually love to do that when I retired.  That'd be great. Eli saying Latin America really seems really open to non-native speakers. And I read a lot about teachers easily supplementing income with some online work, cost of living is really low too. Yes, that's awesome. Great. Absolutely. I think that's definitely a reason why they are so open to people, non-native English speakers and also people without a degree because the salaries are so low. And a lot of people just probably prefer going to the Middle East or East Asia. But it's not all about the money. And yeah, a lot of people who just really love Latin America and want to experience the different countries there, they move there. And then like you said, they can implement their income with online work. So that is really, really great. That's awesome. Okay, I think these were all the misconceptions for today. Good. So I just want to show you this real quick, how you can find ITTT. If you don't know yet how to get in touch with us, this is how you can do it. You can also go to teflcourse.net. There'll be contact information or you can reach out to us via these social platforms. So Facebook, Twitter, Instagram. You can also reach out to me here on Instagram, at Linda goes East. And then we are going to open up Q&A now. And you can still scan this QR code to get 30% off your tefl or TESOL course. You can still do that. And I'm going to share the discount link again in the in the comment section. So if you can't scan it, you can just click on this link that will work as well. Let me just put that in there. Okay, it looks like this. So you just copy paste this link.  And Eli added something to his comments. So for example, I was watching a YouTube video of an expat easily living well on 500 US a month in Ecuador. That's awesome. Yeah, love that. That's really awesome. Great. Perfect. Okay. And now Q&A is open. You can ask me your questions about Tefl TESOL, about teaching English abroad, about living in Korea, whatever is on your mind now is your time to do so. I'll still be online a couple of minutes. So feel free to ask or maybe if something wasn't clear today during my slides, during this presentation, let me know. I'm here to answer all of your questions. All right. Really glad to see your comments for sure. So thank you so much for being so active and adding your own experience here. Like your friend, your friend's experience, your own experience, Mikey telling us about his jobs benefits. So that's really helpful to all of us if we can all share our experience and what we've heard and what we've read. That's really, really great. So thank you so much for that. Yeah. Let me know if there are any open questions on your side or any other comments you would like to make super open to that. Let me know. Always love learning from you guys as well. And don't forget 30% off your Tefl course. If you're already Tefl certified, you can get a specialization course or a TESOL diploma course to kind of boost your resume. That's also always a great idea. Just throwing it out there. All right. Aldana asks, how long did you teach English? I am actually still teaching English, not full time. So in China, I was teaching full time at a language school for about a year. And then my first year in South Korea, I was teaching full time as a teacher. And then I transitioned into work for ITTT while still teaching different projects, just not full time on the side. That's also great about living in South Korea. I literally get like job offers every week. I get like a message because I'm registered at one of the sites for teachers with my phone number. And so I get reached out to almost every week. It's very easy to find something in Korea as an English teacher because the demand is so, so high. So I still teach, I teach English. And I also started teaching German last year, which has also been super fun. I never really considered doing that. But yeah. And I teach online. And I also started, again, started teaching in person now after COVID. So that's also been really fun. Eli says, what site are you registered with? And is it only for South Korea? Yeah. So this one is only for South Korea. It's called Work and Play Korea. I think work, work and play, work and play Korea. Let me check. Yeah, work and play. It's a Korean. It's just for Korea though. So you can actually make a set up a profile there. Here's the link. It's a weird link, but it's, isn't that? Hold on. Oh, I guess they changed the name. It's the work and play. I think it used to have a different name there. And you can set up your profile and then people can actually reach out to you. Not only for teaching jobs, but also, I think, translation or they also have even like acting or something, which is your favorite age to teach. Ooh, this is a tough one, but I, so my first year in Korea, I was teaching at an English kindergarten. We had kindergartners. They were, I taught six year olds, which is actually five year old in Korea. So five, six year olds. And then in the afternoon, we taught elementary. They were up to the third grade or fourth grade for an elementary school. So I really, really like teaching the kindergartners. They were like really my children. I love them so much, but it's also very draining. It's a lot of work, kids, because when you teach kindergartners, you're not only there to teach English, you're also there to teach them how to be decent human beings. So there's a lot of that involved, which, you know, is great, but it's, I mean, it takes a toll on you. It's very demanding. So now I kind of prefer teaching older students. So like high school students or adults, it's just easier because they like the, they really want to be there kind of. It's their own personal decision to learn English or German, whatever you're teaching to be there. But the kids, they're like forced by their, by their parents in a way, or like, it's not their own personal decision to join this course. So sometimes they don't really want to study. They don't want to be there. So that can sometimes be challenging, but it's all good. Like I like teaching all of them, but you know what I mean. Eli's asking, do you know of one for Taiwan? Yes. So there are a lot of sites and hold on. I might have to send you this later. I mentioned a lot of sites for Taiwan in a previous live session I did about teaching English in Asia. I think it was, I can send you that. And there are links to different sites and also Taiwan, but maybe if Mikey knows of some, that would be good. Mikey's there. So maybe he knows of some that I haven't mentioned there. If Mikey's still here, or maybe Eli, reach out to Mikey. I think that'd be a great match and you could, you can have a chat, the two of you. That'd be great. But I can send you that. Yeah. I still have your email address. If you don't hear anything from me, email me. But I'll remember and I'll send you an email right away, right after this. Aldana's asking, can you give a tip for teaching teens? You know, it really depends on like how the kids are. A tip, like what's the issue? Maybe if you explain what the issue is, then maybe I can give you a tip for teaching teens. But that's also we have this course, Teaching English to Young Learners. And teens are part of this group. So if you're kind of struggling with that, I recommend checking out the specialized TEFL course. It's a 50 hour course and it starts at $175 and you can use the 30% off discount. So it'll be actually super cheap and it will really help you with teaching young learners and teens. So I recommend you check that out. Okay. Yeah. You're very welcome. All right. I think I'm going to sign off then. This has been a really, really great session. If there are no more questions. Oh here, Eli. Yeah. Eli says the section on teens in the YL course is really good. I think the most important thing is to remember teens aren't kids anymore. So don't treat them like little kids. Yeah. That's a good point. And see, Eli also took the Young Learners course and found it very helpful. So maybe Aldana, if there's something that you're interested in, maybe that will also help you out with that. Good. Thank you, Eli. It's awesome. It's been a while since I took the Young Learners course, but yeah. Definitely. Cool. Well, this has been so much fun. Thank you so much for joining today. For coming back this week, I'll be here again next week, probably, unless something happens. But no, I should be here. As always, if you have any topic suggestions, what you want me to talk about next time, let me know. And then I'll be able, I might be able to do that for you. Yeah. As always, you can reach out to me directly if you want on Instagram at Linda Goes East. Eli, I'm going to email you. And yeah, thank you so much for joining today, for taking some time out of your day to be here with me. I really, really, really appreciate that. And yeah, again, 30% off if you want to take advantage of that, that'd be great. A great head start, a great incentive for you to start your teaching abroad or teaching online journey. So definitely recommend that. And then, yeah, I hope to see you again next week. And I wish you all a happy, happy, happy weekend. And I think that's it. You can mention everything, right? Don't forget to like and subscribe. Just want to put that out there one more time. All right. And then, yep, that's all. That's all for today. That's it, folks. All right. See you later. Bye, guys. Bye-bye.


The following is a presentation of TFNN The Tiger Technician Hour with your host Basil Chapman Call now toll-free at 1-877-927-6648 Internationally at<PHONE_NUMBER> Now Basil Chapman Welcome to another Basil Chapman and this is the Tiger Technician Hour we're looking at the dial up for the S&Ps un-change the QQQs are down a little bit the IWMs down a little bit and gold came back very nicely I want you to show you a couple of patterns that we're looking at here One of the reasons why I want you to do my webinar on some of the Chapman Wave techniques that have worked very well for us this year I just wanted to show a couple of things here First of all, we're looking at the two-minute chart I'm always looking for at least a peak D can even go to a slightly higher high like an E and then it can go sideways It's kind of what we're looking at the two-minute chart to go into the low it's 1030-ish it's exactly 1030 and 31... 2,111 round number low that was at the E-mini two-minute chart then it goes to a peak A if it pulls back and it moves in 25 cent increments 125 cent level above the previous high that would start a leg B it goes to leg B until that's called the floating ladder until the price reverses and then it's called the peak it can pull back as long as it doesn't take out the starting point of that went to leg A it's all in a bi-mode in an up-mode and then the moment it takes out B it starts C that should take you to a bi-mode especially if the stochastic goes over 80% which it did then with the peak C, peak D and then just one bar later goes to an E and now it's in a rectangle formation I'm going to be talking about these in the coming webinar that's tomorrow night and it's for subscribers you can become a subscriber and you're able to see exactly what we're looking at and why we're looking at these things how it's worked out certainly for the stocks that we've had there have been some really nice gains and very, very nice compensatory reward for following the patterns that we've been identifying so, yes, we missed out on the doubt because it stopped us out just fractionally the other day on our short position short-term short position not all that much change other than the pattern itself broke to the upside now we have to deal with that I'm saying very much change because it was an up-mode the technicals were very good and I've been talking about this pattern maybe I can find it here and we'll just go to it quickly because it's all part of what I'm looking at here can I find it? yep, I can so that's going to be Dow dollar IMDU let's see if I can get that to work here we go so remember this worked three times it actually worked four times but we only used it for a short position and that's the Dow daily chart and I'm showing it with the green and the black lines these are moving averages when the green line goes underneath the black line changes to pink when it goes back above its green what's really important about this is there is a pattern that identifies the rectangle formation that had a peak D and from that peak D the fourth highest peak remember we were talking about that a moment ago other things can happen look what happened we had that sharp sell-off from April down to the June 3 then we had the sell-off back and that was right there that was on the 16th of July same thing happened we were able to use that to get short 7 points from the top and this rectangle formation took 13 days before the moving averages crossed negative, very sharply negative yeah we had the same thing we just missed the short we got a little later on about 100 and so points from the top and we managed to hold that on the way down and then the 14 days later the two moving averages crossed negative I thought it was the same case recently it went sideways the one on Thursday was holding basically sideways 1, 2, 3, 4, 5 about 5 bars sideways 6 bars usually the one that pulls back the one that skyrocketed up it moved up so now we might have to start this over again because that fast moving average the 9-speed moving average is just moving look how quickly it's moving up it's going to take at least 6 or 7 bars for this to start to turn down decisively unless we've already had a couple of bad news events there's a China news today it was negative about them thinking twice about everything it didn't affect the market for more than that 830 drop and then it came right back so there is definitely just based on this there's a very good chance that the chopping formation is still in a process and it hasn't really I can't say it's begun we haven't even added down candle look at this 1, 2, 3, 4 a little doji candle but it was still up 5, 6, 7, 8, 9 look at the last 11 bars we've only had 3, 4 tiny little doji stalling motions but mostly big green bars so I don't want to get in front of it now this is acting well and so I want to just show you this this is what I'm discussing the power of these moving averages I used it correctly before there was no reason why I shouldn't have expected that this would change right here other than that news on Friday where the market gapped up and that was it and that's all we needed so we got 1.5% last one actually less and we're out, we're done but we missed upside opportunity I don't like that now what is it, what does the pd mean look he has the dollar pd the 1st of October pulls back there's an arch formation that I call the dreaded H formation if it holds well it can rally if it rallies sharply it can go towards the previous high if it takes that out and the technicals are strong it can go even higher but even this is forming a much bigger arch formation because the d in the weekly chart says hey be careful here and the leg d probably I don't see how in the next week and a half to the end of the month or whatever it is to the end of the month we're going to make a new high above 99.67 unless something spectacular happens that says the dollar you got to look at the dollar very closely and that tells me that they're moving gold today that was doubt wrong chart that move that was very negative in gold earlier on down 6 and then down 4 and now it's up 4.5 that's a nice that's a nice bit of action I'm also going to spend some time tomorrow because I'm talking about the Chapman Wave techniques look at this rectangle formation you know my expression of rectangle formation you lost a lot longer than your patients and if it goes for a long time it becomes like a fulcrum as you go above it and below it and above it and below it until a certain point where you keep going either above it treating it as a support level or below it treating it as a resistance so this rectangle formation the rectangle formation how long it can last can be a very telling instrument in your technical tools you don't have to use it until it comes back until it goes into it and you say okay now it's defined I call this the fulcrum or the propeller shaft midpoint now look at this CCI I'm going to be talking a lot about this one about trades sorry it wasn't CCI it was another one that I was looking at which was am I forgetting now what it was that's not good that is not good at all oh there it is okay let me get that oh that's right there's a start that I featured the other day for subscribers I had a whole thing I showed them the chart and I said this chart has made a chaplain wave volume price climax and it should trade up at least for the next 28 bars at 28 days it's a daily chart and if it hasn't even come back towards the low it can go for 56 bars well this is now service now look at this propeller shaft fulcrum that I put in here it's going right back in I talk a little bit more about it when we get back and the lowercase H goes to an M pattern oh a lot of techniques I'll be right back as a chaplain does up for S&P's unchanged be right back if you're not currently using the Taz Profile Scanner when looking at setting up your trading opportunities then 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markets Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating Tiger Real Estate can help you make the best decision when it comes to all areas of the market before you make one of the biggest decisions of your financial future call Tiger Real Estate LLC today at<PHONE_NUMBER> or email us at Tiger at TFNN.com that's<PHONE_NUMBER> call us today Many of our new listeners have heard about the Tiger's Den The Tiger's Den is a lively community where professional traders and investors can meet exchange ideas and information in a comfortable moderated atmosphere hear all of the TFNN shows plus see all of the charts as they happen live and have access to archives of all of those charts you can test drive the Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you details on the Tiger's Den or on the front page of TFNN.com now and experience all the upgrades TFNN.com educating investors toll free at 1-877-927-6648 internationally at<PHONE_NUMBER> Hello and so we're back and I just wanted to say that within the the hour and a half that we have usually I would take a whole day for this but within the hour and a half I'm going to identify patents that have worked really well patents that I suspect are going to be implemented over the coming months because I do anticipate that at some point we're going to get a really sharp pullback and that's going to be maybe the PD that we're getting the Dow the other charts are all alluding to higher highs in 2020 in the Chapman wave methodology let me just do this for a second here I'll show you what I mean look at the monthly charts INDU see the Dow is still a leg D very strong leg D till a time sequence to November 11 months and 11 months I don't know if this is going to be a turnaround month maybe December turns out to be a much weaker month my contention has always been that when the Dow especially the Dow makes an all-time high-entry year and then in September August, September, October has that usual it wasn't that deep this year but it has a usual very sharp pullback and comes back and makes a new high the last week of October until the first week of November that's usually a bullish sign says that the mark of the Dow should close reasonably well within the parameters of an all-time high on the last day of December that's one thing but it means that this is a leg D but it's way ahead in the Chapman wave methodology to the others look the S&P is at this particular point very strong but it's only in leg B even though the Dow had just fractional highs to make it B the S&P managed to squeak to a new high each time to be able to have only leg A that came about in July I mean from December low 2003-46 up to 3027 I mean that is a huge move and now we're in leg B and that says you can't get a peak B until December if there's no new high in December new high bar and then it comes January that'll be C and then February that'll be a peak C and then March will be leg D so you can't until the first few months of 2020 so far it's looking like we're going to be going to higher highs in 2020 because you're only in B in the month each other the S&P look at the QQQ that's only in leg C so that means in the worst-case basis let's say D is a peak C because there's no new high bar in why do I say high bar because you've got to take out the very high of this bar of November in December to extend that into the next month into December so okay so as it stands right now what you've got is leg C very strong technicals are very strong really technicals are strong leg C and the weeklies leg C in the monthly but the monthly says you can't get a D until 2020 this should be in January okay wait a minute IWM is lagging very badly down 41 cents right now that's not the point the point is that it's being in a big rectangle talk about rectangle formations look at this the rectangle formations it's a broke out in December of 125 went into the January then the February timeframe and then March sort of stuck between support level of 143 and I believe it's like 160 yeah and 160 to the upside look at that rectangle now we've gone below it now let's see if we go above it what happens here maybe the market takes a bit of a callback and all of a sudden the IWM the Russell 2000 takes on leadership hasn't done it yet but I'm saying that's kind of thing I'd be looking for that's what we're going to deal with in my webinar coming up tomorrow night what sectors and what stocks look like they can really lead the market into 2020 what stocks look like they need further consolidation or a consolidation where exactly are we what are we looking at and that's part of it plus these techniques that I'm talking about the rectangle formation how the MACD is stochastic work I just try to put it together in a couple of capsule let me see if I can get to this one here which one is this yeah okay we can go to this one here so I'll just move over to which one is next that's now so I'll go back to now and I'll show you some interesting things the only reason why we didn't get it the other day I didn't put it as a buy at 230 or whatever it was at the time we had low price stocks that were going to give potential of much better gains percentages percentage wise and that's the reason why I decided to keep it that way and so this is very good action in now service now trading up 7 today at 267 but look there's the arch formation there's the price time match there's the lowercase H template that if it doesn't break out up or down it can create this rectangle formation creating a lowercase H that goes to a lowercase M which can continue even if it breaks a larger arch and that's kind of what I was looking for remember that breakout that we saw in the Dow that I didn't play when I was showing it just a short while ago we just didn't get that upside because it broke so quickly instead of breaking down in this third arch formation it broke to the upside so now you're in this propeller shaft but you've taken out the low will it stall in this area here well there are a couple of things what I wanted to talk about tomorrow I want to talk about gaps what happens when you're fill a gap how important it is gaps mean nothing until you come back to the gap and how it's how you treat it it's almost like a particular candle formation so I'll be talking about all these things so far the surface now still looks very good so I don't want to I don't want to skip many things tomorrow night but I'm going to try to be as thorough as I can on what I choose to do and show the power of certain techniques that we've used how that price volume climax low has worked fantastically for now there's another stock that I'm looking at that had the same thing well there was one that we had the other one that I'm also going to feature CCI you remember I was talking about this this is in the reeds area crown castle in the towers look at this beautiful template of the Chapman Wave Cup and ladle that when you take it out in a shorter period of time the cup formation on the left side and right side price time match and you take out the price in a shorter time you can create this cup and ladle pattern not a cup and ladle a cup and ladle Chapman Wave methodology and that can take you to at least a D well it took you to a D and then it had a Chapman Wave two bar reversal I'll talk about that I'll talk about how we we took profits on this on the way up and what we were doing I'll talk about the lowercase H this dreaded H pattern look what happened there's the H it holds goes under it by 50 cents and then bounces back can't do anything goes even lower what is all that what about the 200 period moving average those are things like these are easy things that you can put in your charts you won't need me to do it you can do it yourself and it's all I mean it's based on the architecture that's within your trading platforms that you all have there's nothing else created that you need a program for it's all that question the dead well I look at plug another one that we chose we had for just a brief moment and it's just screaming to the upside we got out of it I really liked it and I wanted to get into the other day I featured it as a stock that's it what I call the rocket ship it's a group that I call now the rocket ship and look at this it's now in a leg see in the daily we don't have it now unfortunately but some subscribers know that I've been talking about it I've featured it we have had it and they've kept it and they've done very well so congratulations to you leg C in the daily leg D in the weekly plug power hydrogen power fuel cells that's why I featured it and then we got and now it's got the Chapman wave copper and ladle patent potential in the monthly chart wow this is very good action I'll be right back Basel Chapman does up six and we'll be right back thank you questions 877-976648 Basel Chapman has just announced a live 90-minute webinar he'll be conducting for subscribers to his daily trading newsletter The Opening Call which will be taking place Tuesday, November 19th from 5-6 30pm Eastern Time titled a comprehensive review of the Chapman wave techniques and market outlook ahead for 2020 this is a great time to sign up for a 30 day free trial to the opening call while gaining access to Basel's live came place later this month with some stock picks up 15-30% this year alone Basel will review many of the Chapman wave techniques that helped in their successful analysis as well as providing the sectors and stocks that he thinks will be of importance heading into 2020 for all the details check out the Opening Call on the front page of TFNN.com the path of least resistance is David White's daily trading newsletter and if you're looking for active trading ideas then now's a perfect time for a 30 day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday afternoon updates when warranted don't miss out on the path of least resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter he delivers every morning then visit the front page of TFNN and you'll find the path of least resistance under trading newsletters for all the details and to start your 30 day free trial today log on to TFNN.com now TFNN is excited about the art of timing the trade charts in collaboration with Tom O'Brien and using his best selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's methodology using this first of its kind program the art of timing the trade charts allows you to scan thousands of stocks for Fibonacci formation just beginning to form the trading patterns that many investors spend days weeks or even months searching to find and right now we're offering licenses available at only $79 a month we are so confident that you're going to love this new charting software that will even give you a 30 day unconditional money back guarantee don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting TFNN.com or swim for more information just click the think or swim banner on the front page of TFNN.com yes so plug as I say in LAC I just wanted to do a review of all the indices as we're going through here so let's see but down right now I'm anticipating some kind of doji candle after the Marabazu candle of Friday no wicks it's very important most of the time it's given us very good reason readings the one that missed was the one right here but that wasn't the gap to the upside with an island reverse an island gap this is one that had was inside the bar before this is the first of November there was this huge move up down close hit 27,000 G47 next day opens at 27402 and that was it it hasn't actually gone back that gap will be full at some point so I had a question so what exactly and this is talking to me about last week's miss but it was a one quarter percent missed that's the loss the miss for me was not having been in the long position and now starting to look to see whether or not the moving averages are showing some signs of deterioration so if you think that I just let things go and I say what's the big deal it's always a big deal for me I spent most of my time studying the charts saying just looking at this in terms of saying forget about a position what are you looking at right now that said that you were correct and what up until Thursday and what changed on Friday well look the unbalanced volume and the daily chart went right to an overboard this is one of the most overboard readings that we've had even close look at this even close to where it was number one and it was in a leg E to the upside and it was a D at that point in the Chapman methodology usually it's a little behind the actual price so if the chart itself is in E and this is in D it says hey you're getting kind of close to some kind of a pullback so that to me was a good sign number one number two is it hadn't up until then but it did right at that moment resemble many of the let me just go through this here many of the patterns that we were looking at before look when I gave the cell signal that bag sorry I keep saying this is the green nine period moving out which was very sharply high there was not a clue other than my Chapman methodology to say there could be a pullback and we got it the day before the high on this one here we got it even earlier we got it at seven points from the high and look this nine period moving average was absolutely fantastic it was using the methodology then when it went sideways which I thought this was doing very well there was no reason except for one thing I'd said before that if you make a new high all the others even going back to this one right here that I identified a couple of weeks ago just one right here on the 25th of February when the Dow went to 26,241 it was five or six days later before it turned down sharply but it never made a new high so that's the first mistake I had noticed the second mistake was that within the context of what I look at on the other occasions the stochastic had already started turning down and I had said it's my rule of thumb and that's where I kicked myself because it was the rule of thumb that very, very seldom makes a mistake and the rule of thumb says that when the stochastic is holding steady in the 93 to 95 percent area or even higher to 97 percent it's going to take a while for the price to come down and it could be very choppy in the process unless there's just such a bad news event that within three days you drop 8 to 1100 points and I just didn't see anything yet to see to do that so that was that was really the error that I made in saying let's short in fact that should have just been saying hey go along even right now we should still be along waiting for the kind of turnaround that would have occurred so absolutely it's a good question where did I see have I learned anything I've learned not to question a technique that I developed and use forever and talked about it forever that when the stochastic is flat and holding in the 93 to 97 percent area it takes something else for it to really turn down and it's going to either be vicious or it's just going to be a bumpy ride it takes many days before there's a crossover and you start to see the stochastic in the 88 percent or 86 percent area so good question I hope I answered it as honestly as I could I hope I'm not forgetting anything but the third thing was that within the traveling methodology even now I've got to say wait a minute you've got this thing that you call the instant restart well within three bars the Dow went from 27,774 on the 7th to 27,770 on the 12th so that's the three bars it was the next bar that went to a fraction on your high everything about it suggests that that is probably not an instant restart but wait a minute if you go to the S&P spx.x you did get within three bars a new high and it's managing to make another high and the magnate is still good and stochastic is still at 94 percent this I'm going to circle it now I don't like to have complicated looking at charts I'll try to make it as clear as possible yes could turn around to be an instant restart I just don't think so based on this unbalanced running but it failed me last week maybe it will fail again and you're in the Chapman Wave inside track repellent zone I'll be talking about that as well so yes this is saying to me at this particular at this particular time you've got to be careful I did explain the buys I explained the June 3rd one was a clear one and the other ones had that H pattern that suddenly spiked upside where it was so clear now look at the QQQ on the QQQ side you've got a pattern that also has a potential Chapman Wave do you have three by signals from a D going all the way up that's unusual so this says to me again getting a little toppy right now let's monitor this very closely and that's the position that I think I am comfortable saying Stochastic is very good Maki is finally starting to dip a little bit got to watch it alright now let's get to some other questions that I had I do see the call I don't see the call yep we've got Scott in Safety Harbour Scott how are you Scott I didn't see you there sorry I don't know if Scott's talking about you wanted to talk about maybe Scott you can call back sorry I didn't realize that you were holding I wanted to go through this because I've got the webinar coming up a lot of people have asked me exactly what you will be discussing and how does it relate to what you've been doing and it's related very well because I'll show you some of the stocks that have done extremely well in the interim so Macy's had a very good move on Friday it spiked to the 17 and it hit it to exactly 17 point 17.01 on the 15th inside bar today now Scott's going to call back nope he hasn't called back yet but what I will do is I said to Scott and I said to the day after I said to him I don't really see anything yet and then Macy's pulled back quite sharply didn't break down just broke down into that rectangle formation I'll say it again the rectangle formation can last a lot longer than one's patients and this is right here you're looking at Macy's in this rectangle formation and it says it's stuck between 17 and point 70 and probably the base of support now is 15-50 so I'll try to get back to it in a moment but meantime we've got a break coming up down to 11 slightly down I'll be right back we're looking forward to the webinar tomorrow night if you're in the CD market and looking for a secure investment the Tiger First mortgage program may work for you the security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida and tax free zones across the country where you can build and hold for 10 years and pay no tax on the profits which makes these lots valuable the investment is anywhere from 30,000 to 75,000 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If you trade China A shares do you have any time to take a closer look? Trade CHAU or CHAD Directions Daily CSI 300 China A share bull and bear ETFs China A shares in either direction Visit DirectionInvestments.com today An investor should consider the investment objectives, risks, charges and expenses of the Direction Shares carefully before investing The Perspectus and Summary Perspectus contain this and other information about Direction Shares This please contact Direction Shares at<PHONE_NUMBER> The Perspectus or Summary Perspectus should be read carefully before investing An investment in the funds is subject to risk including the possible loss of principal The funds are designed to be utilized only by sophisticated investors such as traders and active investors Distributor Foreside Fund Services, LLC Hi folks, so couple of questions I'm also going to do this It won't take very long at all I'm just going to add it in in fact I'd better put it in right now so that I don't forget it Give me a chance, give me a moment here I'll just find a little blank space and I'll put it in right here There we go So Parallel lines So lines. So in trying to find parallel lines, if you're looking at Macy's, look, Macy's has hit resistance in this dashed line. Now what I like to do is I like to have a chat with inside track repellent zone. Look, it got stuck right at the repellent zone. I'll make that red and a few. If you have colors, that's fine. You don't have to have colors, but I like colors. I came to charting through patterns, pattern recognition. And at the bottom here, I don't even have to put anything because the bottom is way down in the 1540s. 1540s. Yeah, 1540s. So in 1517, if it breaks out in this particular phase and it starts to go to 1735, I'm not going to call that E to F. I'm going to say, hey, that very well could be a new buy mode because it's starting to make the cup formation right here. There you are. Look, love to take previous highs, make a cup formation. Does that have to be to the exact bottom? I'm looking for something with symmetry. That's all. And the symmetry says, all right, there. Symmetry says, if this is the case, then it should try to make subscribe for listening. This is what I'd be looking for right here. Let me just get rid of that phone call. I make this a rather thick channel and I'll go sideways to the side from here to there. There we go. Yeah. Okay. And I'll go to this particular candle here because it looks to me like identifying and always choose a particular candle, which I'll discuss in my webinar tomorrow for the F side, right side price time match. And I go here, I make this green because that's going to be the target upside. And if it works out, what we've got is the chance that if it breaks higher, I can start a new buy mode and that buy mode is going to go all the way to the high that was made there. And I'll tell you the time sequence says that it should take until, oh, that's really steep, 17 point this high. I usually don't like to go to the most important high, which would be this one of the 9th, 11th of September, 1785. I'd rather go to the next one, which is 1760. So between 1760 and 1775, if it kicks in, if everything goes well, by the 25th, 26th of November, oops, 20. Yes, 26 to 27th of November, it should be up in the 1750s. If it fails, it makes an arch formation. And it comes back 1650 to 1613 is the support area. So this gives me parameters, the MACDs goods, the castings, it's at 79% is rallying on balance volume is reached a particular peak that says it's pulling back a little bit, but so far action is good, said weekly chart, huge price move in the MACD, yet the price has really failed. I think arch formation going to a second arch formation is what we're looking at lowercase h to another h another and like an m pattern second arch is trading in a range. And that's what I'd be thinking right now. So if you get these short-term trades, Bravo, that's exactly where you excel Scott. That's what I'd be doing. I'm not sure yet I want to hold on. I'm too tight. Okay, so next thing I wanted to ask, I've been asked by many people turns out coincidentally, about Roku. Yes, it's Chapman way folding ax formation. That's where there's a price move to the upside, it goes to a D or an E source to pull back and then it makes a lower highs and much lower lows. And then it turns around. And if it turns around, it takes out the left side, the left side resistance. If it takes out the resistance level, it can go to the left side high, the next high here in this particular case, would have been 142.65. And then the 151.48 151.32 bar Chapman wave reversal of the beginning of November, it's gone through it. And this says there's a chance you can get a one to one expansion in Roku, Roku streaming media application. It's a hardware package. Okay, that's what I'm looking for. So what I'm saying is this measurement right here could be equal to the upside. So now let me draw this and show you what I'm talking about. And right here, there you are. And that's the breakout. And it's almost there. It says at the 167.60 area, that's where the next resistance comes in. So this is a fantastic move very quick 116 on the 7th of November to the days higher of 165. So I featured it for my subscribers and the first paragraph of my opening call newsletter. This is the page that says it's the traders corner. And I usually give a quick brief summary of exactly where we are, what we're expecting, and what's working, what's not working. And I featured Roku, but I didn't give it as a buy three, it would be four days ago. I wanted to see how it would test the resistance, bam, it spiked through. By that point, I thought, all right, now the risk is a little too high because it could double top. And 151, no, it didn't even think about that. It just powered a short covering. I'm sure this is what it looks like, as well as new buying. Because I mean, people like this company, Roku Inc. A shares streaming devices 164.41 up 7.11 today. This is a big move. And look, the magnet is confirming with an M shape formation, getting a little bit overboard. Stochastic is finally well in the 80% area at 86%. The monthly chart, actually the weekly chart is lagging. This is a price move based on the daily more than the monthly. All right, so I go through that next question I had is, can I look at the TLT? Yep, TLT. That was a question. What are yields going to do? Well, we've gone to a leg B in the TLT at 138.19 up 43 cents. If you look at the weekly chart, now I'm going to talk about the lowercase H that I call, this is a dreaded H pattern. Let me just, I don't know if I even got it now because I've done so many charts today. Give me one second. It's right here. And will I find it? Oh, don't tell me I lost it. Yep, I think I have. Don't tell me I have to redo it. Yes, I do. Oh, dawn. Oh, I put in too many charts in this particular list. Have I got it? Have I got it? No, I haven't. All right, so we're always looking at a pattern that says arch formation or cup formation. There can be an arch formation that looks like this if it takes out the left side low. So it comes down and style. It's got a single there. So it comes down, stops, especially off the D or an E, stops, has a balance. And then either at a peak A or a peak B, it just, it cannot hold. It starts to fail and it starts to roll over. And the template looks just like a lowercase H with a sloping back, that is. And if it takes out that left side low and closes below it, you've got to be careful because you have to balance within two bars. You have to balance right back into, in this case, above 136.54, which it's done. It didn't do that last week. But this week, oh, sorry, didn't do it last week. Didn't do it two weeks ago, but it did it last week. So this is the third week that it's attempting to try to find a stable pattern. And what it says in this lowercase H pattern, the dreaded H, is if it takes out the left side low, but closes above it within two bars, maybe three, but I usually like to say two bars, it says it could rally and it could rally to the next or peak on the left side, or a moving average or a gap, but something that is an inflection point that failed before. And in this case, it's stopped right at the weekly nine and 14 period exponential moving averages. If it breaks above, then the next level will be 141.68, 141.68. That will be the next level up. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trait that we tigers and tigers share. If you're looking to become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability and for the last 12 months, Timer Digest has been tracking my newsletter signals, which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, six and three months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is markets can be timed and I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do. Sign up for Mastering Probability today by clicking on the newsletter tab on the homepage of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls too. Sign up today. If you haven't checked out the newsletters page of TFNN.com, what are you waiting for? All of the TFNN newsletters are informative, up-to-date, affordable and a must-have for every trader looking to gain a competitive informational edge in today's markets. TFNN newsletters cover every aspect of the markets to offer you the very latest in market news. Plus, new subscribers get to test drive our newsletters risk-free for 30 days. From all aspects of the markets including stocks, bonds, metals, commodities and tech, there's a newsletter to fit your needs exclusively from TFNN. Stay informed each day you trade and get the competitive edge that will help you stay ahead of the game. Visit our newsletters page by going to TFNN.com and click the newsletters button near the top of the page. TFNN.com, educating investors. No longer contain the vitamins, minerals and nutrients our bodies need to stay healthy and strong. That's why we need primal edge daily nutrition. It includes a special blend of ionic, soil-based vitamins, minerals, fatty and amino acids in an easy to use liquid form. Primal edge is powered by highly concentrated folic and humic acids, nature's preferred delivery system. They have been called miracle molecules because like sunlight, air and water, life cannot exist without them. That's right Paige. They ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal edge, formulated and approved by Nico and Page of living a primal lifestyle. Buy it today for just $89. Click on the primal edge banner on the front page of TFNN.com. Hi folks, this is Steve Rhodes. Stay tuned for another great hour of the trader's edge heard here at TFNN.com. I'm going to go back and just there are a couple of things I need to get to before we wrap up.  MJ, we were in it a long time ago. We just got out. I see there's something wrong with the harvest. What is it called? Alternative harvest is the marijuana and cannabis area. Legally, there are big problems. There's a lot of competition from the real world. Real art and I have not yet seen a buy signal. It could come up soon but so far nothing. Be careful. Be very careful. The other one was, yes, and then I had a question. What about the stocks that we have in the opening call? Would you talk about that? I'll do this quickly. BDSI, this is Bio Delivery Science. There's a beautiful cup formation. Look at this cup formation in the weekly chart. It's right here but I treated it as a cup that's half cup. In other words, it comes from a huge decline and I picked it out and said in December the target should be the $6,045 level but it did a cup and a cup and a ladle breakout to a peak D and now it's stored in the weekly chart instead of D in the daily. So all the techniques that we've been talking about are right here. The other one that we still have is cyber, cyber arc. Look, there's a cup formation forming. It's holding very well. It's making a rectangle formation. I'll talk about that tomorrow night. I still think it looks very good. Where would you get in a new position? We'll talk about that. We went from 104 to 100, almost 120. Now it's pulling back and digesting. We're in at 100 and we're in 100 in the 104s and that's good. So these are the patterns that have been working. I tried and tested and we keep doing them. So we've still got Bank of America from December long-term hold, went to peak effort stalling now on the 7th of November, 3360. It's holding really nicely. There's another cup and ladle breakout and the monthly chart has got a beautiful V-shaped pattern. So yeah, these are the patterns that we're using and these are the patterns that I will talk about tomorrow night and what we're looking at for new stocks. What we're looking at for the rest of the year going into 2020. It's going to be such an important webinar, especially looking ahead. Hey, have a great day. Stay tuned for Steve Rose and Dave Biden, Tom O'Brien. I'll be back tomorrow. Check out the front page of TFN's opening call. See you about tomorrow's webinar for subscribers.