003-ict-tw-spaces-20220612-Shotgun-With-ICT-original

Last modified by Drunk Monkey on 2022-12-29 08:24

Outline

00:11 - The enemy is trying to keep you from what you want to do.

01:46 - My daughter’s car was in a car accident yesterday.

04:06 - Real world experience in the market.

05:54 - What it’s like when the market moves in the direction you want it to.

11:28 - The fear of being wrong and being impatient.

13:35 - When you miss the big event, it feels like you’re making something more than it is.

15:33 - What do you need that for?

20:32 - What are the effects of what I say?

23:04 - How many people would be listening to this if I said this?

25:33 - How these markets book on the basis of fear and greed.

Transcription

 

1 00:00:10,559 --> 00:00:15,449 ICT: advice should be hear me now by phone apparently
2 00:00:34,860 --> 00:00:35,760 let me know if you can hear me
3 00:00:43,590 --> 00:00:49,890 Give me a five by five if you can hear me. And I'm gonna get started and find out I'm talking to myself
4 00:01:08,130 --> 00:01:12,690 love and gratitude. Thank you very much for that. So, if you hear me, everybody else hears me
5 00:01:18,240 --> 00:01:31,770 so you ever get the feeling that there's an enemy trying to keep you from doing what you want to do. And when he knows, right? That's what it feels like this
6 00:01:31,770 --> 00:01:45,420 weekend. Somebody was supposed to hear this today and somebody just doesn't want you to hear it. Weapon phones shall prosper. So anyway, obviously just a quick
7 00:01:45,420 --> 00:01:56,010 update because I know some of you are concerned and I really appreciate that. My daughter who resides in another state was an unfortunate victim of a car
8 00:01:56,010 --> 00:02:08,550 accident yesterday but not with her in the car. So at first when we got the heads up that she had an accident a car. Our first assumption was she was the
9 00:02:08,550 --> 00:02:18,750 driver, but she lent her car to another family member who is not injured either. And the other person that was an accident and get her either Praise God. But you
10 00:02:18,750 --> 00:02:27,510 know, being a dad, you're you're jerked out of gear right away, and you're thinking the worst case so But thankfully, nothing like that happened. The car
11 00:02:27,510 --> 00:02:36,240 is absolutely totaled. And I spent yesterday trying to find a replacement vehicle for her. And I tweeted mentioning that so I'm not sure if you all have
12 00:02:36,240 --> 00:02:48,090 been out looking for vehicles or in market for vehicles, but predominately, none of the car lots have anything worth noting. Anything new is already purchased.
13 00:02:48,090 --> 00:02:58,950 And when it gets there, it's already owned by someone else. A lot of used vehicles overpriced selling for more than what I paid for when they were new.
14 00:02:59,070 --> 00:03:08,490 For instance, I recently traded in my super because I couldn't get any oil for it. I owned it for almost a year and couldn't get an oil change didn't have the
15 00:03:08,490 --> 00:03:23,520 oil. So I traded and got my foot Rubicon Jeep and traded in my white Highlander Limited because I forgot the moonroof was open and it rained and oh man, that
16 00:03:23,520 --> 00:03:33,300 was a bad mistake. But nonetheless, they gave me literally $3,000 less than I paid for it when I bought a brand new. So I got that trade in I bought a brand
17 00:03:33,300 --> 00:03:42,810 new 2022 Highlander platinum. And I'm giving that to my daughter and I ordered one just like it certainly comes in in two weeks. So that's what she's getting.
18 00:03:43,470 --> 00:03:54,210 It's only got like 300 miles on it. But anyway, I know none of you care about all that. But these, I guess, meetings, these discussions, these spaces, they
19 00:03:54,210 --> 00:04:01,860 call it on Twitter. These are I guess like the chit chat sessions that none of you really want to listen to in the video. So it gives me a wonderful outlet.
20 00:04:02,520 --> 00:04:09,900 It's more satisfying, I guess, than just posting on my community tab. And I guess it's a little bit interactive too, because you're riding with me shut
21 00:04:09,900 --> 00:04:19,380 down. So I can't guarantee where I'm gonna be driving is gonna give you a good signal. So if it does break in and out, I apologize. It is free so there's no
22 00:04:19,380 --> 00:04:33,750 refunds. So the market this past week, a lot of you had some real world experience, which is great because sometimes even grow ICT in his tools and his
23 00:04:33,750 --> 00:04:48,870 expectations. We might have the right idea we might have the right target in my head that direction. Simply says you're not allowed and runs away without us. So
24 00:04:50,220 --> 00:04:51,330 if you look at the daily chart
25 00:05:00,810 --> 00:05:11,700 I knew there was heavy news coming out with the jobless claims on Thursday at 830, New York time and on Friday with the CPI number. But what I wanted to see
26 00:05:11,700 --> 00:05:20,820 was a little bit of a Judas swing on the upside, like making an attempt to run higher. Take some advice on liquidity. As I mentioned, on Friday morning, I was
27 00:05:20,820 --> 00:05:31,350 interested in seeing 4030 swept, I mean, run that by side, and then continue going lower. And sitting with my son, when we were watching the woman. And so I
28 00:05:31,350 --> 00:05:42,240 said watch out takes the 4022 level, and it might expand at 830 up to 4030. And his reaction to Yes. And he was like, Whoa, is that real? Like he thought
29 00:05:42,540 --> 00:05:51,360 trading? Do you? glitched? That's like, no, that's what it's like, sometimes when there's a fast market. It's exactly, it's basically exhilarating. And
30 00:05:51,360 --> 00:05:59,340 sometimes it's very surprising to see it happen. Especially if you're new. And you're and you've been watching for weeks in the market move around in these
31 00:05:59,670 --> 00:06:08,910 really small ranges and choppy, then you get that one big explosive, one directional move, and there's no way absolutely no way anybody can capitalize on
32 00:06:08,910 --> 00:06:18,600 that moves. Unless you got in early and you gambled which those types of reports, you know, it's better to wait for a run against the direction you want
33 00:06:18,600 --> 00:06:27,420 it to be going in. In other words, like we wanted to be super short, we wanted to go short and market looking for lower prices. And it didn't offer it like
34 00:06:27,420 --> 00:06:37,680 right from 830. They repriced right away. So as some of you are saying, the market makers are watching my Twitter, you know, I'm sure they probably are they
35 00:06:37,680 --> 00:06:46,860 probably subscribers to me, and they're probably following me along right now. And just kidding. I'm being facetious, obviously, but sometimes I get it wrong,
36 00:06:46,860 --> 00:06:54,750 folks. I mean, that's just the way it is. I'm not absolutely dialed in all the time, I make mistakes on this news. And I kind of like want to talk a little bit
37 00:06:54,750 --> 00:07:05,940 about that today. Because some of you have shown your frustration because you knew just like I have, that we were looking for this run lower, but we couldn't
38 00:07:05,940 --> 00:07:14,040 get on board. And it's very frustrating. If you're a new student, you think like that was the only move you were ever going to see in the market. That was the
39 00:07:14,040 --> 00:07:25,500 only trade that was ever going to pan out profitably and you missed the only one. You missed the only one, how dare you. That's what it feels like when
40 00:07:25,500 --> 00:07:32,910 you're new. Like there's no other time, you're going to be dialed in new other time when you're on the right side of the marketplace and you miss it. And your
41 00:07:32,910 --> 00:07:44,310 infancy as a trader, as an analyst will feel like that was it. Like you failed, no, there's never going to be another opportunity like that again. And that's
42 00:07:44,310 --> 00:07:52,050 one of the reasons why I tell everyone, if you're going to train with me, at least at the very minimum, subscribe to the idea that you have to see a full
43 00:07:52,050 --> 00:08:00,090 year. Because you'll see a calendar year, you'll see all of the seasonal tendency. And you'll see there's times when the market goes into consolidations,
44 00:08:00,090 --> 00:08:09,300 and it's really difficult to do anything. And other times where it's this. It's a suite, it really, really is easy to go in and just take it right off the mind.
45 00:08:10,020 --> 00:08:19,470 But there's other times when you're going to be correct in your analysis, you're going to be absolutely right, with what it's going to do and where it goes and
46 00:08:19,470 --> 00:08:29,100 how fast it will move all those things. But it won't let you get on board. And those missed opportunities, those trades that didn't materialize because their
47 00:08:29,100 --> 00:08:41,700 raid, there was no trade in any of the things that I teach at 830. On Friday, it just simply ran away. Now you're left with a choice, you're left with the choice
48 00:08:41,700 --> 00:08:52,710 of being frustrated, and beating yourself up and spending the entire weekend and going into this new week. angry, angry that you missed it angry that you have
49 00:08:52,740 --> 00:09:08,430 blown that one opportunity that one week of trading that moves so much huge range on Thursday. And you somehow are equating that to the only moves that
50 00:09:08,430 --> 00:09:18,780 you're ever going to see in these markets. And that I want to address because that is the incorrect perception. And I didn't have anyone to correct me when I
51 00:09:18,780 --> 00:09:27,240 thought that same thing in the 90s when I saw something for me, and I expected it to be a big blow up move. And I had every intention of being a part of it.
52 00:09:27,240 --> 00:09:33,300 I'm gonna talk a little bit about how I first started trading and how I was trading, drive around a truck dealing with any route because I got a lot of
53 00:09:33,300 --> 00:09:48,090 questions about that. So I'll talk a little bit at the day. The frustration of not being a participant on the move. That's normal. I want to remind you to
54 00:09:48,090 --> 00:09:57,030 you're gonna miss a whole lot more moves. If you plan on doing this the rest of your life you're trying to make this a career and not a field trip to the casino
55 00:09:58,980 --> 00:10:07,950 because that's unfair. Say what ends up happening with new traders, new students, new speculators, they come in, and they're already afraid, they're
56 00:10:07,950 --> 00:10:16,980 afraid to lose money, they're afraid to get it wrong, they're afraid to do something that doesn't feel comfortable. When that's what trading is. So you
57 00:10:16,980 --> 00:10:26,640 have to warm up to the idea that you are embracing uncertainty. That's what you're doing. You are embracing uncertainty, and you're becoming a professional
58 00:10:26,670 --> 00:10:35,820 loser. You're managing every losing trade that begins, because you're underneath all the costs, any commissions, any spread, you are starting every single trade
59 00:10:36,150 --> 00:10:48,120 in a losing position, you have to trick your way out of it. But it's easy, when you have nobody to tell you in the beginning, those is part of it. And don't
60 00:10:48,150 --> 00:10:59,190 beat yourself up about it. You should take away from last week that the market did in fact move as we were expecting, the market did not present an opportunity
61 00:10:59,220 --> 00:11:10,560 for you to actually engage in so did you really miss a trade? No, I didn't miss a trade. I missed the move. I missed the phenomenal move. But I've missed a lot
62 00:11:10,560 --> 00:11:21,420 of moves over the last 30 years. It doesn't bother me. In the beginning, it did hurt. It felt like I was never going to get the next one patient just like you
63 00:11:21,420 --> 00:11:34,830 probably are feeling right now. Hear that? And you guys used to wonder why is there always sirens going off and ICT did live streams were recorded, you know,
64 00:11:34,830 --> 00:11:47,250 I'm out here on the burden, it's at an all time. High. Whoo. That was an alias, fire shot this time. So you're probably thinking that, you know, I'm not going
65 00:11:47,250 --> 00:11:59,940 to be able to find the next trade. Or what if I'm not going to be dialed in, like I was this time you will be. And there'll be times when you won't be and
66 00:11:59,940 --> 00:12:08,430 things will happen to there'll be moves to take place that you weren't going to be participating in, either you're sleeping, you're away from the market, or you
67 00:12:08,430 --> 00:12:22,230 did it wrong. Or like last week, it runs away without you. Think of it like this. Imagine your favorite artists, musician or whatever band and they're on
68 00:12:22,230 --> 00:12:36,180 tour. Okay. And you know, you can't wait to see their concert. When it gets to your area. You've been waiting all year, you've been preparing and saving. You
69 00:12:36,180 --> 00:12:44,130 got your hair on fleek, you're ready, just in case some honeys, there wasn't a see what you look like when you're listening to the music that you didn't play
70 00:12:44,130 --> 00:12:54,540 or produce. You know how it is you get all these unrealistic expectations, these expectations in the marketplace is the same way traders expect to be able to
71 00:12:54,540 --> 00:13:08,130 make every single trade every single trade is going to be a winner. But subconsciously, you feel that fear of being wrong. And then those fleeting
72 00:13:08,130 --> 00:13:20,790 instances where a I'm right on a mark, I can see it coming. I can actually see it. And it doesn't allow you to be a part of it. And you miss it. It feels like
73 00:13:20,790 --> 00:13:31,680 you miss concert. It feels like you missed the big event. Well, here's the here's the storyline that you're not really paying attention to that scene
74 00:13:31,860 --> 00:13:42,780 musician, that band, that event that's on concert to work. How many other times are they doing that somewhere else? So they're missing opportunities, aren't
75 00:13:42,780 --> 00:13:55,620 they? are you grieving over that? Breathing over every London Open setup, or you go over every single New York micro retracement smallest little fluctuation.
76 00:13:56,790 --> 00:14:04,680 When you start looking at it like that, it becomes obvious that you're making something more than it really is. Because you're emotionally and psychologically
77 00:14:04,680 --> 00:14:16,680 committed to that one event, you've put all of your eggs in one basket, all the hope and success. You've placed on this one incremental movement in the
78 00:14:16,680 --> 00:14:28,590 marketplace. And I knew what that feels like. I know exactly what that feels like. And when you miss it, it feels like it's the end of the world. Because
79 00:14:28,590 --> 00:14:40,260 you're in a hurry, and you're impatient. And more specifically, you're inexperienced. That's all this is. You're inexperienced. You have not gained
80 00:14:40,260 --> 00:14:44,040 enough experience and matured enough to know that these things repeat.
81 00:14:46,139 --> 00:14:57,659 Did the CPI number and the jobless claims report just happen to show up that very day that they were releasing at 830 in the morning New York time? No. They
82 00:14:57,659 --> 00:15:09,809 were scheduled just like that. In the old days, too, or back in the 70s, the 80s. And I think maybe in the early 90s, the TV Guide in a grocery store, and
83 00:15:10,619 --> 00:15:18,809 your mother or father would say, grab a competent TV guys who can see what's on TV this week? What do you need that for? So you can go and thumb through and
84 00:15:18,809 --> 00:15:28,169 look ahead, here at my programs coming on at eight o'clock on Thursday, and I gotta make sure I'm free to do that. You did everything you could, your parents,
85 00:15:28,229 --> 00:15:38,879 your mother would do everything she could to get her house cleaning her laundry, or whatever she was doing. Done, so she could watch Days of Our Lives, As the
86 00:15:38,879 --> 00:15:40,799 World Turns General Hospital.
87 00:15:45,780 --> 00:16:00,930 Well, that's the same thing you're gonna do in the markets, you're gonna do a scheduling, you're going to do a scheduling of what you expect to do at that
88 00:16:00,930 --> 00:16:01,680 specific time.
89 00:16:08,669 --> 00:16:21,959 And once you have that in your schedule, those medium impacts or high impact news events. That's what you're looking for. You're going through your economic
90 00:16:21,959 --> 00:16:31,859 calendar, what economic calendar do you use, you can use economy day. Or you can use Forex factory if you're gonna be doing Forex. But there's a lot of events
91 00:16:32,999 --> 00:16:42,779 that I'm not really interested. I'm not interested in every single little report that comes out, you know, a low impact news driver. I'm not interested in medium
92 00:16:42,779 --> 00:16:55,739 impact. Yes. High impact? Absolutely. So high probability setups, things that I'm looking for, are going to have those similarities, they're going to have
93 00:16:55,739 --> 00:17:06,839 things that are repeating and guess what, every single month these reports are expected at specific times and specific dates. And you can plan for them just
94 00:17:06,839 --> 00:17:18,569 like that concert. Just like that event, you're waiting for that big game that you bought tickets to? Does your favorite team play in front of you every single
95 00:17:18,569 --> 00:17:29,189 day? That they play live? No. You've missed those games. If they're not televised. What's that feel like? Ron? Oh, my grandfather, he lose his mind that
96 00:17:29,189 --> 00:17:43,259 the Orioles were playing in the game was televised. So what was he doing? Fear Of Missing Out? He missed something. Did everything come to a halt? Because he
97 00:17:43,259 --> 00:17:54,089 missed that game now? Does your career end? And or does your development and and come to a halt? Because you miss Thursday and Friday's movement? No. So you have
98 00:17:54,089 --> 00:18:02,819 to come to grips with about you know, this is something that will repeat. And there's going to be times when the CPI number comes out, and there isn't that
99 00:18:02,819 --> 00:18:13,409 big of a move. Basically, this was an enormous reaction to that news release. And here's the thing. If you asked me what it said, or what it was dealing with,
100 00:18:13,679 --> 00:18:25,259 I want you to save my own life. I don't care what these reports say. I never care what the data is. I don't care what it is. I just know that there's going
101 00:18:25,259 --> 00:18:35,969 to be volatility. Did I need to know what that report said before we were looking for lower prices in ES No. So why would I even confer with it? I don't,
102 00:18:36,449 --> 00:18:46,889 I just expect volatility. injections of volatility are scheduled. With the economic calendar. What I'm waiting for. And what I'm teaching you to understand
103 00:18:46,889 --> 00:18:59,669 is there's likely to be a manipulation as that report comes out. And if we have a bias if we're looking for specific direction wise, like lower prices, if
104 00:18:59,669 --> 00:19:11,309 that's, in fact, what we're looking for, the best opportunity is to watch it go up first. And I'm not saying it's gonna go up 50 handles 30 handles, I gave you
105 00:19:11,309 --> 00:19:24,839 a specific level 4030 Because it was clean highs. It had consolidated for hours and hours overnight, both NASDAQ and the E Mini s&p. So it was consolidating
106 00:19:24,839 --> 00:19:35,999 sideways. And to me that's a wonderful opportunity. Every single time you put me in that same situation on Friday, I would have expected that same scenario. I
107 00:19:36,059 --> 00:19:48,989 would have never expected anything different. So am I upset? No. Because what I'm looking for is I want them to reprice higher. Go after, because it was
108 00:19:48,989 --> 00:19:59,609 consolidating after drops down day on Thursday. Typically, not all the time. As you can see, typically, they'll take the market higher to take the buy stops out
109 00:19:59,609 --> 00:20:10,139 one day Still trailed lower. I'm surprised it didn't go back up higher for 4030 would have done it. And then I would have expected it to start trading lower.
110 00:20:11,309 --> 00:20:23,999 But it wasn't having any of that it was in hurry. Now some of you might have the idea that I have entertained. There's a lot of you, following what I'm doing on
111 00:20:23,999 --> 00:20:33,869 Twitter, there's a lot of you, obviously, that don't necessarily follow what you're watching. And I know a lot of you are pushing a button that you should
112 00:20:33,869 --> 00:20:49,139 not be pushing. And you know what I'm talking about. So, one of the things I said to my prime in a recent commentary is that I am interested to see what
113 00:20:49,139 --> 00:21:00,629 effects I have by saying what I say, and how the market reacts. Because here's what I want you to know. On Internet chat relay,
114 00:21:01,500 --> 00:21:12,450 there was a chat room that I hosted, I had 1000 members in, and I would talk about the s&p real time. And I would call what I thought the market was going to
115 00:21:12,450 --> 00:21:23,460 move to I would never really share my stop. But say where I thought it was gonna go to. And as soon as I did that, there would be a flurry movement towards that
116 00:21:23,460 --> 00:21:34,830 level. Now, I like to think that these markets are going to move obviously, on their own basis, not by what I'm going to say. So please don't think for a
117 00:21:34,830 --> 00:21:45,300 moment that I'm standing here and trying to take credit for moving the entire s&p. That's not what I'm suggesting here. But if I'm teaching you that the
118 00:21:45,300 --> 00:21:55,920 market will seek liquidity. And it does, and I'm teaching you that the market will manipulate before the better run onwards, if it's going to be bearish for
119 00:21:55,920 --> 00:22:05,340 the day, it's going to give you that little trick move that red herring that broken wing that the mother Robin does, so the predator runs away, chasing her
120 00:22:05,340 --> 00:22:15,840 it's easy, fledgling that fake little move that due to swing, that's what I'm teaching you to look for. Because that's a repeating signature. I will miss
121 00:22:15,840 --> 00:22:24,600 those types of moves on Friday, every single time. Don't think for a minute, I have some secret weapon, some secret little algorithmic trick up my sleeve that
122 00:22:24,600 --> 00:22:32,670 I would have been able to participate in that move because there is nothing I have that could have been putting me in that trade. Nothing. And it moves so
123 00:22:32,670 --> 00:22:41,730 fast. It gave no opportunity to rejoin it. I wanted to see some kind of a retracement. And it didn't offer me much. That's why I said I'm not touching the
124 00:22:41,730 --> 00:22:52,680 afternoon. And I'm glad I didn't. But if I'm teaching you these things, and you've already seen enough work, the idea that there is some validity to it,
125 00:22:52,770 --> 00:23:09,240 even if you don't understand it all yet. Think about how many people would be listening. Listen, this isn't even close. No ambulance, it's like it's like I'm
126 00:23:09,240 --> 00:23:19,770 televising an episode of cops all the time. Which I'm gonna do. The idea is that if I'm telling everybody where I think the markets gonna go, that's one thing,
127 00:23:19,860 --> 00:23:34,950 okay. But if I come out and say, this is where I'm going to go in, and this is where my stop losses. Okay, everybody, right where you're at? verbally say it
128 00:23:34,950 --> 00:23:42,450 out loud. Where is everybody else going to put their stop loss after I posted in a tweet or say in a live session like this? Where's there's not going to be?
129 00:23:43,560 --> 00:23:59,670 Right where mine is. So it's not that ICT they could have guessed. And if you smack the shepherd, the flock of scatter, right. But if they see everybody
130 00:23:59,670 --> 00:24:17,220 pulling their order at the same spot. Say there's 200,000 people within earshot of what I'm saying about a market. And I say, this is where my stop losses. And
131 00:24:17,430 --> 00:24:24,870 predominantly most of you are going to do well. I'm going to foolishly just go in and plunge and take the trade because I said I'm doing something or allude to
132 00:24:24,870 --> 00:24:32,310 it. You're gonna do what you're gonna place your stop loss exactly like mine. Because if that's where I'm putting my stop, that's what you're gonna do. Or
133 00:24:32,310 --> 00:24:41,580 not, maybe some of you it's like, well, I want to make sure I'll just get one tick past his, because that way, it doesn't look like I was copying and I'm
134 00:24:41,580 --> 00:24:51,600 making the market. And I know that there's some goober out there that thinks he's a hotshot. Oh, he's been trading for 30 years and watch me smoke this boy's
135 00:24:51,600 --> 00:25:01,980 ass in front of everybody. I'm gonna go right to where he said his stop is because I don't necessarily Need to know how many people have their orders
136 00:25:01,980 --> 00:25:14,370 there. And then I'll run it. You won't get back into a trade after getting stopped out. But if it gives me an opportunity to do and nothing has changed in
137 00:25:14,370 --> 00:25:31,410 the narrative, I'm gonna get back in. But these markets book on the basis of fear and greed is it a stretch, free to believe something like that? Some of you
138 00:25:31,410 --> 00:25:40,320 would think, No way, nobody's gonna thinks too much of themselves. Now, it has nothing to do with me. It's a numbers game folks. Think about how many people if
139 00:25:40,320 --> 00:25:50,760 200,000 people if just half of them, if one quarter of me do that, and they place their live order sitting there, that's liquidity.
140 00:25:56,010 --> 00:26:08,820 So it's important to understand that it's not necessary for you to put your signal on on now. It's not important for you to know what I'm doing, where my
141 00:26:08,820 --> 00:26:19,530 stop loss is, I want you to know where the markets likely to go. And you're seeing that you're also seeing instances where you don't get to be a part of the
142 00:26:19,530 --> 00:26:32,400 moon. And you should be glad to know that I couldn't either. That's a result that is across the board the same. I didn't get some kind of secret entry
143 00:26:32,400 --> 00:26:43,080 technique. I didn't get on board with it. My private group didn't get on board with it. So what's the realistic way of looking at what took place on Thursday
144 00:26:43,080 --> 00:26:56,250 and Friday, you missed the move, your model didn't speak to a low risk entry. And there's nothing you can do about it. So it's normal, for you to be upset
145 00:26:56,790 --> 00:27:07,800 that that move wasn't participated in by you. Isn't, it's unreasonable. That's toxic thinking. That's something that a losing trader will do their entire
146 00:27:07,800 --> 00:27:27,570 career. I have floor traders that actually were on the floor in Chicago. They're in there in my mentorship. And they literally understand more about the market
147 00:27:27,570 --> 00:27:34,680 now than they did when they were on the floor. And they had a hard time transitioning from being on the floor to electronic trading, like looking at a
148 00:27:34,680 --> 00:27:45,750 chart to me. It's easier to see it, you can see to understand how the market would likely go for a specific targeted liquidity pool above or below the
149 00:27:45,750 --> 00:28:05,430 marketplace. If they know there's a lot of orders coming in for a specific price level, they can muscle that they did it all the time. So it's, in my opinion,
150 00:28:05,550 --> 00:28:13,890 something that none of you should be wrestling with. Because if these markets are algorithmic, and everybody should know that by now, you might not succeed
151 00:28:22,170 --> 00:28:31,920 knew how does the PacMan game mean, the maze runs through. How does he stay in that maze? Because it's limited