004-ict-tw-spaces-2025-04-25-ICT-Shotgun-Saturday-Keys-To-Infinite-Setups-That-Yield
Last modified by Drunk Monkey on 2025-05-08 12:13
1 | 00:00:00 --> 00:00:05 | ICT: Well, good morning, folks. How are you? You'll be so kind as to send me a |
2 | 00:00:05 --> 00:00:09 | post on x let me know you can hear me and everything's five by five you |
3 | 00:00:31 --> 00:00:37 | Thank you, Lee, thank you Adam, thank you rusty Gunn, all right. Well, it is a |
4 | 00:00:37 --> 00:00:39 | good morning. Are you ready |
5 | 00:00:41 --> 00:00:46 | today's topic for a shock on Saturday is keys to infinite setups that yield when |
6 | 00:00:49 --> 00:00:53 | I was younger. We just break the ice right now we're going to be talking |
7 | 00:00:53 --> 00:00:58 | about bollinger bands and CCI settings. So is an infinite number of setups that |
8 | 00:00:58 --> 00:01:05 | you can find in the markets with any time frame with a Bollinger band. I |
9 | 00:01:05 --> 00:01:09 | can't do it. I could do it. I'm sorry. I'm sorry. Just want to make sure you're |
10 | 00:01:09 --> 00:01:16 | paying attention. Your new indicators are out here. Man, it's Saturday. Wake |
11 | 00:01:16 --> 00:01:25 | up, man. So when I was 20 years old, the weekends were a source of anxiety, where |
12 | 00:01:25 --> 00:01:29 | everyone of my friends were all like, you know, cutting loose, either, you |
13 | 00:01:29 --> 00:01:33 | know, they're they're rolling up a fatty and smoking a doobie with the rest of my |
14 | 00:01:33 --> 00:01:38 | friends, or they're getting drunk or waking up with girls or guys that they |
15 | 00:01:39 --> 00:01:44 | just met the night before, and I would be sitting there anxious about the |
16 | 00:01:44 --> 00:01:50 | trades I'd be missing in the coming week, I would be obsessively thinking |
17 | 00:01:50 --> 00:01:55 | about what happens if I watch the charts, and I draw out my charts, and |
18 | 00:01:55 --> 00:02:00 | then I miss the moves, and then I'll have to wait for another week, another |
19 | 00:02:00 --> 00:02:05 | week, and I was always constantly worrying about, what if, what if, what |
20 | 00:02:05 --> 00:02:11 | if? And maybe it is similar to you. Maybe you're thinking the same thing, |
21 | 00:02:11 --> 00:02:15 | but it's even worse for you, probably because you're learning from me. And I |
22 | 00:02:15 --> 00:02:20 | have a lot of things that can get into a trade. I have lots of entry mechanisms, |
23 | 00:02:20 --> 00:02:25 | lots of conditions and setups that would yield a limitless opportunity, but that |
24 | 00:02:25 --> 00:02:32 | limitless opportunity causes you to feel like, which one's right for me, which |
25 | 00:02:32 --> 00:02:35 | one's right for me, and that, unfortunately, is one of the most |
26 | 00:02:35 --> 00:02:39 | expensive things when you're learning from me, because I can't give that to |
27 | 00:02:39 --> 00:02:43 | you. That's something that you're going to have to discover on your own, and a |
28 | 00:02:43 --> 00:02:50 | lot of it's really dictated by your personal life. You may have school, you |
29 | 00:02:50 --> 00:02:54 | may have a job, you may have a family life that says you don't have much time, |
30 | 00:02:54 --> 00:02:58 | but you have this small little window of time in the day, or this day of the week |
31 | 00:02:58 --> 00:03:02 | even where you have to do whatever you're going to do in trading that day |
32 | 00:03:02 --> 00:03:07 | and only then. Now, I don't have an answer for something so specific as |
33 | 00:03:07 --> 00:03:13 | that, because, you know, let's just face it, it's enough to go around in terms of |
34 | 00:03:13 --> 00:03:19 | opportunities. But when you make your universe so small and so finite that you |
35 | 00:03:19 --> 00:03:24 | can't really breathe as a trader. Unfortunately, you're going to have to |
36 | 00:03:24 --> 00:03:28 | make some adjustments and changes to your personal life and make yourself |
37 | 00:03:28 --> 00:03:33 | more accessible. And if that's not possible, then you're going to have to |
38 | 00:03:33 --> 00:03:37 | defer trading at a later time when you can do so. That doesn't mean you can't |
39 | 00:03:37 --> 00:03:45 | learn by looking at hindsight, but in my 20s, when I first started doing this, I |
40 | 00:03:45 --> 00:03:49 | was very anxious that I was always going to miss the next moves. So it kind of |
41 | 00:03:49 --> 00:03:54 | like was the catalyst for me to sit down and try to figure out, you know, what it |
42 | 00:03:54 --> 00:03:59 | is that I have to concern myself with in advance, so that way I wouldn't have to |
43 | 00:03:59 --> 00:04:04 | be obsessively thinking about the fear of missing a move, but little did I |
44 | 00:04:04 --> 00:04:09 | know, I didn't even understand what constituted a setup that would |
45 | 00:04:10 --> 00:04:18 | realistically form because I was at the at the delivery of whatever indicator I |
46 | 00:04:18 --> 00:04:24 | was using at the time. So I had to yield myself to I have to wait until that |
47 | 00:04:24 --> 00:04:30 | indicator does this. And because I was working, I was driving a truck, yeah, I |
48 | 00:04:30 --> 00:04:33 | could only see the numbers on a quote truck that wasn't giving me the |
49 | 00:04:33 --> 00:04:36 | indicators. That wasn't telling me if it was overbought or sold. It didn't tell |
50 | 00:04:36 --> 00:04:40 | me if there was a type one divergence, just a classic divergence where the |
51 | 00:04:40 --> 00:04:43 | indicator fails to make a lower low when price makes a lower low or makes a |
52 | 00:04:43 --> 00:04:46 | higher high in price, but fails make a higher high in the indicator. That's a |
53 | 00:04:47 --> 00:04:52 | traditional, typical, type one divergence. And I started off trading |
54 | 00:04:52 --> 00:04:57 | that that was like my my thing on an hourly chart, the 50 day moving average. |
55 | 00:04:57 --> 00:05:01 | That was all I did. And when the markets are going up. Predominantly and you're |
56 | 00:05:01 --> 00:05:06 | taking oversold conditions like that. It's pretty much a no brainer, and that |
57 | 00:05:06 --> 00:05:10 | was my initial luck in the marketplace, because I was only doing one thing. I |
58 | 00:05:10 --> 00:05:16 | was one trick pony, scared to go short. Didn't even know what that meant, but in |
59 | 00:05:16 --> 00:05:21 | a truck, like you in university, or you working a job, or you having constraints |
60 | 00:05:21 --> 00:05:25 | that your family says you can't do it as much as you really want to, because you |
61 | 00:05:25 --> 00:05:30 | have responsibilities as a father, as a mother, or whatever, so you can't be in |
62 | 00:05:30 --> 00:05:34 | from the charts when that indicator indicates that there's something for you |
63 | 00:05:34 --> 00:05:40 | to do. And that was problematic for me. I wrestled with it. I tried to come up |
64 | 00:05:40 --> 00:05:43 | with all different kinds of ways to work around that. And every time I did it |
65 | 00:05:43 --> 00:05:48 | with real money I lost. Every single time I tried to make little, subtle |
66 | 00:05:48 --> 00:05:52 | changes and tweak it here and tweak it there, trying to crack the code of |
67 | 00:05:52 --> 00:05:58 | absentee trader, you know, that type of approach. And it didn't, it didn't work |
68 | 00:05:58 --> 00:06:08 | out well. So the Lord basically said, Listen, you gotta start studying what |
69 | 00:06:08 --> 00:06:13 | has happened at very specific times. Pay attention there. Look, look there. So |
70 | 00:06:13 --> 00:06:20 | when I started looking at charts like that, I stopped looking for how many |
71 | 00:06:20 --> 00:06:24 | times a divergence formed, and you probably done that in the past before |
72 | 00:06:24 --> 00:06:29 | you come to me. Or maybe it's the same thing with my my information. You look |
73 | 00:06:29 --> 00:06:32 | at old data. Because I encourage you to back to us. I encourage you to collect |
74 | 00:06:33 --> 00:06:38 | opportunities where it's happened in the past. And you get excited by how many |
75 | 00:06:38 --> 00:06:41 | look, how many times it happens, and you start collecting it, and you start |
76 | 00:06:41 --> 00:06:47 | thinking yourself, I've seen it work, like 18 times out of the last 20. So |
77 | 00:06:47 --> 00:06:53 | even if I mess it up, see if I do it, you know, half assed. And I go in, I try |
78 | 00:06:53 --> 00:06:57 | to do it just a little bit less than what ICT would approve of if he was |
79 | 00:06:57 --> 00:07:02 | sitting next to me. I still probably had a good chance of making a grand at least |
80 | 00:07:02 --> 00:07:06 | a week with my funded account, or at least pass my funded account or get a |
81 | 00:07:07 --> 00:07:11 | withdrawal from my live account. And you kind of like sweet talk yourself into |
82 | 00:07:11 --> 00:07:14 | and I did all that stuff too, folks. I did all those things. |
83 | 00:07:17 --> 00:07:18 | But you have to look at |
84 | 00:07:18 --> 00:07:26 | how often you have the opportunity to be in front of charts that has that has to |
85 | 00:07:26 --> 00:07:30 | be completely worked out in advance, otherwise it's going to be a source of |
86 | 00:07:30 --> 00:07:35 | stress. If you're in a relationship and they're not on board with what you're |
87 | 00:07:35 --> 00:07:41 | doing, they don't care that you really believe that you're going to make money |
88 | 00:07:41 --> 00:07:45 | because they didn't see you do it yet. They haven't seen you do it week after |
89 | 00:07:45 --> 00:07:48 | week, month after month, year after year, and replaced your job with it. So |
90 | 00:07:48 --> 00:07:51 | they're not going to have the same affinity for it that you do or that |
91 | 00:07:51 --> 00:07:54 | you're trying to muster. You're trying to encourage yourself to stay focused, |
92 | 00:07:54 --> 00:08:01 | to be diligent, do what ICT says, focus, cut everything out. That's hard with |
93 | 00:08:01 --> 00:08:04 | your family. That's very, very hard. And I paid a price at doing that. |
94 | 00:08:05 --> 00:08:07 | So one of the things that I |
95 | 00:08:07 --> 00:08:13 | felt led by the Lord to do is stop looking for the frequency of indicators, |
96 | 00:08:13 --> 00:08:20 | and I started looking for the frequency of price delivery. When did the market |
97 | 00:08:20 --> 00:08:27 | generally create these repeating price runs. And when my mind shifted from |
98 | 00:08:28 --> 00:08:35 | indicated, indicator based revelations in price to that of what tends to happen |
99 | 00:08:36 --> 00:08:43 | systematically, what tends to happen on a almost time based schedule, not every |
100 | 00:08:43 --> 00:08:47 | day, not every instance at that specific time or that day of the week or that |
101 | 00:08:47 --> 00:08:53 | month, but by far and large, it usually happens and then and of itself, that is |
102 | 00:08:53 --> 00:09:00 | a huge advantage, and that's what got me excited, where I would have the, I guess |
103 | 00:09:00 --> 00:09:06 | the energy to work 13 hours with drive time back and forth and stay up until |
104 | 00:09:06 --> 00:09:10 | the wee hours of the morning on work days and go to work with two and a half |
105 | 00:09:10 --> 00:09:17 | three hours of sleep driving cranked out on Dr Pepper Mountain Dew like that were |
106 | 00:09:17 --> 00:09:22 | my they were my energy drinks. Okay, and I would just, literally just plow |
107 | 00:09:22 --> 00:09:27 | through my route as fast as I'd get done. And it never got any done any |
108 | 00:09:27 --> 00:09:33 | sooner. But I was so excited to go home and see what the market did. Now, sure, |
109 | 00:09:33 --> 00:09:36 | I watched it on my quote track, which was a little handheld device, kind of |
110 | 00:09:36 --> 00:09:40 | like an old transistor radio. And for those who don't know what that is, you |
111 | 00:09:40 --> 00:09:43 | can Google it and see it. I had that duct tape on the windshield of my truck, |
112 | 00:09:44 --> 00:09:50 | and I'm delivering candy and cakes and servicing coffee machines and soda |
113 | 00:09:50 --> 00:09:55 | machines and cold food machines, trying to get home so I can see what I can do |
114 | 00:09:55 --> 00:10:03 | tomorrow, and I come. Completely changed when I said to myself, I have to worry |
115 | 00:10:03 --> 00:10:04 | about |
116 | 00:10:05 --> 00:10:06 | one thing. |
117 | 00:10:07 --> 00:10:13 | I gotta be on time. I gotta be on time in every sense of the word. I gotta be |
118 | 00:10:13 --> 00:10:18 | on time to be in front of the charts when it should move. |
119 | 00:10:19 --> 00:10:21 | See, that's one of the biggest things |
120 | 00:10:21 --> 00:10:26 | that I discovered when I was chasing every educator, every author, every book |
121 | 00:10:26 --> 00:10:30 | that came out, every new course, every new thing that came out, every new |
122 | 00:10:30 --> 00:10:36 | gimmick, every person mentioned that this is the person. This is the person. |
123 | 00:10:36 --> 00:10:39 | And you see it when I make a post on x and other people that have a larger |
124 | 00:10:39 --> 00:10:43 | following when they make a post, you see these, these bots, they come up. I've |
125 | 00:10:43 --> 00:10:46 | discovered. I stumbled upon this guy here, this gal here, she's doing amazing |
126 | 00:10:46 --> 00:10:51 | things. Thanks for making $10,000 for me. That kind of stuff worked real easy |
127 | 00:10:51 --> 00:10:56 | back in the 90s, and I fell victim to that kind of stuff today. It's kind of |
128 | 00:10:56 --> 00:11:01 | cheesy, and nobody should pay attention to that, because if you're chasing |
129 | 00:11:01 --> 00:11:05 | constantly, and maybe I'm one of those individuals for you right now. If you |
130 | 00:11:06 --> 00:11:11 | listen to what I'm going to talk about today and really take it to heart, I |
131 | 00:11:11 --> 00:11:17 | promise you you won't chase anyone else ever again. You'll stop and you'll look |
132 | 00:11:17 --> 00:11:22 | in the mirror and say, I am all that I need. It's very simple in terms of |
133 | 00:11:22 --> 00:11:26 | trading, but makes it hard is you can't get out of your own way. And I was like |
134 | 00:11:26 --> 00:11:32 | that for myself. I complicated things. I wanted to be perfect. I wanted to be |
135 | 00:11:32 --> 00:11:35 | right. I didn't want to lose I only wanted to have an equity card that went |
136 | 00:11:35 --> 00:11:40 | straight up. I never wanted to miss a move. Now think about the practicality |
137 | 00:11:40 --> 00:11:45 | of that. Is it realistic? No, but as a young, 20 year old and making a little |
138 | 00:11:45 --> 00:11:49 | bit of money in the beginning, with luck, you tend to lie to yourself, and |
139 | 00:11:49 --> 00:11:52 | you say, Man, I'm the bee's knees, baby. I got this all figured out. I'm not |
140 | 00:11:52 --> 00:11:56 | natural. I wasn't good in sports, but look how good I met this so you fill |
141 | 00:11:57 --> 00:12:02 | your head up with all kinds of nonsense, and you start believing it, until the |
142 | 00:12:02 --> 00:12:05 | market shifted from a bull market to a bear market, and then I couldn't do |
143 | 00:12:05 --> 00:12:12 | anything, right? So I had weekend anxiety. I worked all week to make very |
144 | 00:12:12 --> 00:12:17 | little money, to spend the weekend stressing. And maybe you're feeling |
145 | 00:12:17 --> 00:12:22 | that, and I want to just gently remind you that you're thinking about it too |
146 | 00:12:22 --> 00:12:28 | obsessively, and you're placing a scheduled arrival of your understanding |
147 | 00:12:29 --> 00:12:33 | that you don't know when it's going to happen for you, but you have to free up |
148 | 00:12:33 --> 00:12:36 | that possibility for you to have it happen whenever it's supposed to happen, |
149 | 00:12:36 --> 00:12:41 | as long as you're diligent and you apply yourself every single Day, even if it's |
150 | 00:12:41 --> 00:12:46 | just 30 minutes a day, studying, looking at what the price has already done, but |
151 | 00:12:46 --> 00:12:54 | specifically studying when it did it on what day it did it, on what week of the |
152 | 00:12:54 --> 00:13:02 | month, of what year, 12 months, What months are real active, when I listened |
153 | 00:13:02 --> 00:13:15 | to Larry Williams in his course, he mentioned this day of week, and I'm |
154 | 00:13:15 --> 00:13:21 | like, This guy's got it down like that. No wonder he turned $10,000 into $2.2 |
155 | 00:13:22 --> 00:13:26 | million you heard that, right? These got hurt and dropped down and draw down, but |
156 | 00:13:26 --> 00:13:32 | ended it with over a million dollars for the year. So I was thinking myself, if |
157 | 00:13:32 --> 00:13:38 | he's got it figured out like that, he's got himself to a position of control |
158 | 00:13:38 --> 00:13:42 | over himself now maybe, if you listen to him, and when he's been honest, and he's |
159 | 00:13:42 --> 00:13:45 | came out and said, Look, you know, it was real hard to be around him that |
160 | 00:13:45 --> 00:13:49 | year, 1987 because he was focused. He was really dialed in. He had no time to |
161 | 00:13:49 --> 00:13:52 | be, you know, talking with anybody else, even his family members. I'm not sure I |
162 | 00:13:52 --> 00:13:55 | can relate to that, because in my 20s, that's how it was every single day, |
163 | 00:13:55 --> 00:13:59 | every single day, I felt like I was in the Robins cup and I was only trading |
164 | 00:13:59 --> 00:14:03 | with a 15 account. I was trying my hardest to do it on a credit card loan, |
165 | 00:14:05 --> 00:14:07 | and you guys got it made, man, 100 |
166 | 00:14:07 --> 00:14:13 | bucks here less than and you can have the imaginary $50,000 funded account. |
167 | 00:14:14 --> 00:14:18 | Come on, man, you have all the advantages, but you're placing so much |
168 | 00:14:18 --> 00:14:24 | emphasis on being there right now so fast, it's unrealistic, and when you |
169 | 00:14:24 --> 00:14:29 | can't fulfill that, you can't live up to that, you start beating yourself up, |
170 | 00:14:29 --> 00:14:31 | even if you don't journal. You're talking to yourself while you're |
171 | 00:14:31 --> 00:14:34 | driving. You're talking to yourself in the shower. Man, I'm so stupid. Why |
172 | 00:14:34 --> 00:14:38 | don't do that? Isn't it amazing how after you lose, after you blow an |
173 | 00:14:38 --> 00:14:42 | account, you start thinking how great that trading system would have been if |
174 | 00:14:42 --> 00:14:45 | you just would have followed just would have followed it like I did. All those |
175 | 00:14:45 --> 00:14:48 | things built up this plan, this is what I was going to do, and then I did |
176 | 00:14:48 --> 00:14:53 | everything but that lost money, and now you really love the trading plan. It's |
177 | 00:14:53 --> 00:14:57 | like a girlfriend or a boyfriend that you didn't really appreciate when they |
178 | 00:14:57 --> 00:14:59 | were with you, but when they're gone, absence makes their heart grow. Founder. |
179 | 00:15:01 --> 00:15:04 | And I went through this cycle over and over again, looping, looping, looping. |
180 | 00:15:04 --> 00:15:11 | And I said, You know what the problem is, I'm not on time. I'm never on time, |
181 | 00:15:14 --> 00:15:20 | so I have to be acclimated to when the market is going to do something. So it |
182 | 00:15:20 --> 00:15:25 | was very amazing, astonishing, you know, revelation for me to go through time |
183 | 00:15:25 --> 00:15:33 | based studies and see that there's this repeating thing that happens all the |
184 | 00:15:33 --> 00:15:39 | time, all the time. It does these things over and over and over again. So when I |
185 | 00:15:39 --> 00:15:42 | sat down, I thought to myself, you know, I'm going to make a market where I can |
186 | 00:15:42 --> 00:15:47 | codify where I don't have to think about it, I don't even think about it. I'm |
187 | 00:15:48 --> 00:15:52 | going to codify PD arrays that tell me exactly when I'm going to do something, |
188 | 00:15:53 --> 00:15:58 | because I know the market's likely to deliver a specific type of price run at |
189 | 00:15:58 --> 00:16:07 | that specific time, up to a very specific time. Now think about it, if |
190 | 00:16:07 --> 00:16:15 | you knew, if you knew, the three digit number on the lottery was likely, not |
191 | 00:16:15 --> 00:16:19 | perfectly, but likely to give you 808 I'm just using it because it's my |
192 | 00:16:19 --> 00:16:25 | birthday. If it's likely to do that in this month of the year, are you going to |
193 | 00:16:25 --> 00:16:30 | play that 808 number every single weekend, day outside that no, of course |
194 | 00:16:30 --> 00:16:38 | not. You're going to do it when it's seasonally apt to deliver it. Are you |
195 | 00:16:38 --> 00:16:41 | going to be as a card counter or a professional poker Are you going to play |
196 | 00:16:41 --> 00:16:46 | a table where the where the shoe of cards gets cold? You're not going to do |
197 | 00:16:46 --> 00:16:52 | that. You're going to get up and walk away. What are they doing? They're |
198 | 00:16:52 --> 00:16:56 | getting in sync with time, the time of that Synchron synchronicity of how those |
199 | 00:16:56 --> 00:17:00 | cards going to come out, and how every other card player at the table is going |
200 | 00:17:00 --> 00:17:04 | to play them. You think about it, you do these things in your own personal life. |
201 | 00:17:05 --> 00:17:10 | You only want to spend time watching the games that you have an affinity for, the |
202 | 00:17:10 --> 00:17:14 | teams that you care about. There's lots of games on the weekend, all kinds of |
203 | 00:17:14 --> 00:17:18 | sports, but you're only going to plop your rear end down and vegetate on that |
204 | 00:17:18 --> 00:17:23 | couch when your team's playing. Doesn't matter who they're playing. And ladies, |
205 | 00:17:24 --> 00:17:30 | there's all kinds of TV shows on, all kinds of TV shows on but your story, |
206 | 00:17:30 --> 00:17:35 | your program that you want to keep up with, because the girls at work or the |
207 | 00:17:35 --> 00:17:38 | girls at your click, they keep up with that too. So you want to make sure |
208 | 00:17:38 --> 00:17:42 | you're constantly invested in that. So that way you're not outside the loop. |
209 | 00:17:42 --> 00:17:48 | When we're having conversations at the water cooler, you're on time. But when |
210 | 00:17:48 --> 00:17:52 | we get into trading, and then we're not prodded to do these types of things, |
211 | 00:17:52 --> 00:17:57 | what happens is we lose sight of it, and we chase every red herring that's out |
212 | 00:17:57 --> 00:18:02 | there by every charlatan that's waving a banner saying, come at my telegram, come |
213 | 00:18:02 --> 00:18:06 | at my Discord, come join my mentorship. Follow my signals, follow my |
214 | 00:18:06 --> 00:18:12 | methodology, because you think that's the easiest, fastest route to getting to |
215 | 00:18:12 --> 00:18:17 | make money when it's not you're just putting yourself further and further |
216 | 00:18:17 --> 00:18:24 | behind. When I stopped and I said to myself, Okay, listen, I'm only looking |
217 | 00:18:24 --> 00:18:27 | at daily charts and one hour charts. That was that was my perspective. I |
218 | 00:18:28 --> 00:18:33 | didn't look at anything less than an hourly chart. I couldn't do anything |
219 | 00:18:33 --> 00:18:40 | with less than an hourly chart. I wasted so much time chasing things that led me |
220 | 00:18:40 --> 00:18:46 | no closer to being profitable or ever consistent, but I kept telling myself |
221 | 00:18:46 --> 00:18:51 | doing these things will get it, and it never did, until I woke up and listened |
222 | 00:18:51 --> 00:18:55 | to the advice that I felt God tell me to say, look, look in the charts for when |
223 | 00:18:55 --> 00:19:03 | it continuously repeats these types of things. Look here. Look here. That's |
224 | 00:19:03 --> 00:19:06 | what I heard. Sometimes it was audible. Sometimes it was inside my like my |
225 | 00:19:06 --> 00:19:09 | spirit like sometimes it was my own internal voice. And it sounds crazy if |
226 | 00:19:09 --> 00:19:13 | you don't have any faith in him, but that's how it worked. That's how it |
227 | 00:19:13 --> 00:19:21 | happened. And I started looking for price runs that would occur at the open, |
228 | 00:19:21 --> 00:19:26 | at 930 for s, p, when, when the currencies would open. I trade currency |
229 | 00:19:26 --> 00:19:31 | futures, not Forex. I didn't really gravitate to full Forex until 2006 I |
230 | 00:19:31 --> 00:19:35 | traded for x a little bit earlier than that, but I didn't touch it completely |
231 | 00:19:35 --> 00:19:41 | in the 100% leave everything behind till 2006 but I was a futures trader, a |
232 | 00:19:41 --> 00:19:48 | commodity trader in the beginning, and I got real comfortable trading currency |
233 | 00:19:48 --> 00:19:54 | futures, Deutsche Mark, Swiss franc, yen. I love the yen. Back then. I hate |
234 | 00:19:54 --> 00:20:00 | yen. Now, British pound, Canadian dollar, all that stuff. I. All the comm |
235 | 00:20:00 --> 00:20:08 | dials, and I loved them because they had a gap opening every single day, every |
236 | 00:20:08 --> 00:20:15 | single day. And you've seen what we've been doing with index futures with gaps |
237 | 00:20:15 --> 00:20:25 | right? Apply that same logic to currency futures, not forex currency futures. And |
238 | 00:20:25 --> 00:20:30 | you'll see similar things are there. There's a price run that always took |
239 | 00:20:30 --> 00:20:34 | place at a very specific time trading bonds. And once I discovered that, I |
240 | 00:20:34 --> 00:20:38 | locked on to that and said, I don't care about currency futures. I'm a bond |
241 | 00:20:38 --> 00:20:45 | trader. I'm a bond trader, because I saw something in that market first, as it |
242 | 00:20:45 --> 00:20:51 | relates to time. I said, Well, if now I didn't know right away, it was months |
243 | 00:20:51 --> 00:20:56 | and months in the first year of me doing I was like, Wait a minute. I'm talking |
244 | 00:20:56 --> 00:20:59 | to my uncle, and I'm telling I said, Stan. Like, I really, I got something in |
245 | 00:20:59 --> 00:21:03 | bonds. It just, it's so, so good, but I'm afraid to talk about it because I'm |
246 | 00:21:03 --> 00:21:07 | afraid to talk about I'm going to jinx it, and he's already proven it at that |
247 | 00:21:07 --> 00:21:10 | time. He's not interested in listening to me. You can see one to be a |
248 | 00:21:10 --> 00:21:15 | contrarian. I'm buzzing on this idea that I got something that nobody else |
249 | 00:21:15 --> 00:21:19 | has talked about. No one else, no one else talks about this. I was even afraid |
250 | 00:21:19 --> 00:21:22 | to ask Larry Williams by writing to him and saying, listen to you. Because I was |
251 | 00:21:22 --> 00:21:26 | like, maybe he doesn't know if it's really, really good. He'll treat it like |
252 | 00:21:26 --> 00:21:31 | he did with the turtle stuff, and, you know, he'll teach it. I didn't want to |
253 | 00:21:31 --> 00:21:34 | share with anybody. I was like, This is so good, I don't want to share it with |
254 | 00:21:34 --> 00:21:38 | no one. And I said, You know what? Let me see if I can start doing that same |
255 | 00:21:38 --> 00:21:44 | thing in my previous favorite markets, the currency futures. Wouldn't you know |
256 | 00:21:44 --> 00:21:45 | it, it's right there too. And |
257 | 00:21:47 --> 00:21:49 | I'm like, What in the world? How |
258 | 00:21:49 --> 00:21:54 | did this escape me all this time? I'm looking at 50 day moving averages and |
259 | 00:21:54 --> 00:22:00 | stochastics. You know, five, five by three by three, smooth on a mortgage |
260 | 00:22:00 --> 00:22:05 | percent are and the passive when they agreed it was oversold, but the |
261 | 00:22:05 --> 00:22:08 | divergence occurred in one of the other. It doesn't matter. It didn't both of |
262 | 00:22:08 --> 00:22:11 | them. Both of them didn't have to diverge for me. But then when they were |
263 | 00:22:11 --> 00:22:14 | oversold and one of them diverged bullishly, the next day, I'm waiting for |
264 | 00:22:14 --> 00:22:18 | the open and I'm waiting for it to go down below the opening, and I'm going to |
265 | 00:22:18 --> 00:22:23 | buy it on a want to stop acid goes back above the opening price. That was my |
266 | 00:22:23 --> 00:22:28 | that was my methodology. Then that was the very first inner circle trader. You |
267 | 00:22:28 --> 00:22:32 | know, this is my step by step. I'm not thinking about it. I had to have a |
268 | 00:22:32 --> 00:22:36 | mechanism like that to get me in, because I couldn't be in from the phone |
269 | 00:22:36 --> 00:22:40 | constantly call the orders in. So I had to put resting orders in. But I had to |
270 | 00:22:40 --> 00:22:43 | get that opening price and I could get that on the call track. Soon as it |
271 | 00:22:43 --> 00:22:46 | popped up on the screen, I got my opening price, and then I watched and |
272 | 00:22:46 --> 00:22:49 | see if it started trading lower, if it went lower when I was looking to go long |
273 | 00:22:49 --> 00:22:52 | the next day. And the next day is what I'm looking at in the charts, not the |
274 | 00:22:52 --> 00:22:58 | trucks on the quicker my truck, I would already have the phone number for my |
275 | 00:22:58 --> 00:23:03 | broker in my in my hand, running to the pay phone, because that's how we did |
276 | 00:23:03 --> 00:23:09 | things back then I'd have quarters in my pocket. Run to the pay phone. Or if I'd |
277 | 00:23:09 --> 00:23:12 | run into an office building and I was doing the delivery for the snacks and |
278 | 00:23:12 --> 00:23:15 | cakes and whatnot, I would ask somebody looking to kind of buy your phone real |
279 | 00:23:15 --> 00:23:19 | quick. I gotta call it office. And yes, I was lying back then, okay, but I was |
280 | 00:23:19 --> 00:23:23 | desperate. I had to get the orders in so I'd call. Had to wait for them to answer |
281 | 00:23:23 --> 00:23:29 | the phone. Lynn walldock, yes. H Death, please. Oh, one second the whole time, |
282 | 00:23:30 --> 00:23:34 | the whole time the market's moving around. Imagine doing this today with |
283 | 00:23:34 --> 00:23:40 | the volatility. It's nerve wracking, but you place your order buy on a stop above |
284 | 00:23:40 --> 00:23:45 | the opening price stop losses back then, I could tell the broker whatever the low |
285 | 00:23:45 --> 00:23:50 | was, that's where I want my stop. You know, one tick below that, that's that |
286 | 00:23:50 --> 00:23:56 | was. That was my mechanism. I could only afford one contract. I was trading mid |
287 | 00:23:56 --> 00:24:00 | AMS, which is kind of like the equivalent of a half a contract for |
288 | 00:24:00 --> 00:24:05 | today, like we have mini and then we have micros, which is 1/10 well, back |
289 | 00:24:05 --> 00:24:09 | then we could trade mid amps, which were like, half the size of the full size |
290 | 00:24:09 --> 00:24:14 | contract. And then I'd watch and stress about all day long. And in the last part |
291 | 00:24:14 --> 00:24:17 | of the day, it would flurry and move in my direction. And when I was right, and |
292 | 00:24:17 --> 00:24:23 | I was like, yes, do my Ric player strut coming to have the truck getting into a |
293 | 00:24:23 --> 00:24:27 | new office building and get my inventory I gotta fill back up the machine. It was |
294 | 00:24:27 --> 00:24:32 | fun. It was fun when I when I was winning, when I was losing. It sucked, |
295 | 00:24:33 --> 00:24:38 | because when I lost, I felt like I wanted to throw everything away, but the |
296 | 00:24:38 --> 00:24:43 | time based aspects of what I was doing, right? That has never, ever escaped me. |
297 | 00:24:44 --> 00:24:48 | I've never turned my back away from that. I've had entry strategies I've |
298 | 00:24:48 --> 00:24:53 | created for myself and I I've abandoned them. I've had full blown trading plans |
299 | 00:24:54 --> 00:24:59 | that I've abandoned, but I've never, since discovering these very systematic. |
300 | 00:25:00 --> 00:25:04 | Time based price runs that occur in price action every single day, every |
301 | 00:25:04 --> 00:25:06 | single week, in every market. |
302 | 00:25:09 --> 00:25:14 | I've never left it and last year and |
303 | 00:25:14 --> 00:25:17 | this year, I've I've been teaching it slowly. I've been revealing a lot of |
304 | 00:25:17 --> 00:25:25 | those things to you. Some of them, well you saw in the silver bullet, as soon as |
305 | 00:25:25 --> 00:25:31 | 10 o'clock forms, all you need to know is what direction it's moving. Now. No, |
306 | 00:25:31 --> 00:25:36 | some of you obviously stress about this. You make it so hard when I've already |
307 | 00:25:36 --> 00:25:41 | taught how to do this, you want an everyday bias. It's 100% and you're not |
308 | 00:25:41 --> 00:25:46 | going to get that when you're first learning, learning from me, while I'm |
309 | 00:25:46 --> 00:25:50 | calling the market, you can get an intraday bias that's pretty much almost |
310 | 00:25:50 --> 00:25:57 | as close as perfect, but still yet not perfect. So you're building in no |
311 | 00:25:57 --> 00:25:59 | allowance for doing it wrong, |
312 | 00:26:01 --> 00:26:02 | even if you have strategies |
313 | 00:26:02 --> 00:26:08 | like I have that are very specific, time based runs, knowing for what liquidity |
314 | 00:26:08 --> 00:26:15 | it's going to reach for, but you're demanding perfect. You're demanding |
315 | 00:26:15 --> 00:26:20 | perfect. You get caught up when I say, look how the algorithm delivers |
316 | 00:26:20 --> 00:26:24 | perfectly. That's not me saying, look how you perfectly traded that bottom |
317 | 00:26:24 --> 00:26:28 | tick, top tick, and you got nothing left on the bone. That's not what that's not |
318 | 00:26:28 --> 00:26:33 | what I'm saying here. But because you're young as a trader, and you're very, very |
319 | 00:26:33 --> 00:26:37 | influential, and you're very subjective about what you listen to. You only want |
320 | 00:26:37 --> 00:26:41 | to listen to the good Sugar, sugar coated stuff. You ignore me when I tell |
321 | 00:26:41 --> 00:26:44 | you you're going to lose money. You ignore me when I tell you you're not |
322 | 00:26:44 --> 00:26:48 | going to be perfect. It's going to be hard for you. You're ignoring all that. |
323 | 00:26:48 --> 00:26:53 | And the ones that do really well. And by the way, again, round for pause for |
324 | 00:26:53 --> 00:27:00 | Kyle, another monster, I told you, Kane Kyle. And who else is going to come out? |
325 | 00:27:02 --> 00:27:09 | ICT stuff. Don't worry, bro, these concepts, this is going to lead to you |
326 | 00:27:09 --> 00:27:15 | knowing what to do, when to do it. But that silver bullet, if you know what the |
327 | 00:27:15 --> 00:27:19 | bias is for that session, you don't need to know it for the day. Throw that out |
328 | 00:27:19 --> 00:27:24 | for right now. You learn that over time. How do you know what the session bias is |
329 | 00:27:24 --> 00:27:30 | going to be? Well, how did we gap open? Did we gap open? What liquidity did they |
330 | 00:27:30 --> 00:27:34 | leave in pre market session? That means seven o'clock in the morning to nine |
331 | 00:27:34 --> 00:27:37 | o'clock at 930 in the morning. Opening for equities, if you're trading for X, |
332 | 00:27:37 --> 00:27:42 | between seven o'clock and nine o'clock, very simple little windows. And you're |
333 | 00:27:42 --> 00:27:47 | looking, you're looking for these periods of where there are smooth highs |
334 | 00:27:47 --> 00:27:51 | or smooth lows, because that's where the market's going most of the time, not |
335 | 00:27:51 --> 00:27:57 | 100% of the time. 80% of time. We'll call it that, yeah. Call it 75 cent of |
336 | 00:27:57 --> 00:28:02 | time. What I mean, I didn't good enough. 7575 cent a time. It ain't worth my |
337 | 00:28:02 --> 00:28:06 | time. ICT we ain't got time for 75% around here. If you can't get it up |
338 | 00:28:06 --> 00:28:09 | higher than that, there's rookie numbers. We gotta bump them up, or I'm |
339 | 00:28:09 --> 00:28:12 | going to move on. Somebody else. Go. Don't let the door hit you in your ass. |
340 | 00:28:12 --> 00:28:20 | Goodbye. Laziness doesn't survive around here. But knowing that there's going to |
341 | 00:28:20 --> 00:28:29 | be a fair value gap every single day. At 10 o'clock to 11 o'clock, it's going to |
342 | 00:28:29 --> 00:28:33 | form and it's going to give it to you on a silver platter before it runs to that |
343 | 00:28:33 --> 00:28:38 | session liquidity. It happens every day. And I challenge you all to not believe |
344 | 00:28:38 --> 00:28:43 | me and start looking for it. See you, you've watched me do that silver bullet. |
345 | 00:28:43 --> 00:28:47 | You watch other people prove they make money with it, but you've never really |
346 | 00:28:47 --> 00:28:54 | sat down and said, How often has it failed? That's what you were instructed |
347 | 00:28:54 --> 00:28:59 | to do, because that's the stuff I walk on. I moon walk on all these supposed |
348 | 00:28:59 --> 00:29:02 | professionals, these guys that I'm a so and so floor trader. I'm a so and so at |
349 | 00:29:02 --> 00:29:07 | blah blah blah capital. Bro, come out here live, and I will sing a dance as |
350 | 00:29:07 --> 00:29:12 | these candlesticks go up and down to my music sheet. That's how it works around |
351 | 00:29:12 --> 00:29:16 | here. I'm the composer. I'm like Bugs Bunny. Remember that he brings the |
352 | 00:29:16 --> 00:29:20 | singers up and in the concert pianist and the concert, you know, orchestra, |
353 | 00:29:20 --> 00:29:25 | they're actually trying to keep up with his intensity. That's what it's like. |
354 | 00:29:26 --> 00:29:30 | I'm the pied piper, and these candlesticks, they follow Me. And that's |
355 | 00:29:30 --> 00:29:34 | that sounds arrogant. Yes, it does. And I'm I'm okay with it. I'm okay with |
356 | 00:29:34 --> 00:29:39 | that. I don't care if you're not okay with it. The proof is in the pudding. |
357 | 00:29:40 --> 00:29:44 | The markets are going to grab, gravitate to liquidity. But you have to know how |
358 | 00:29:44 --> 00:29:49 | to define that. It's session liquidity, first, first and foremost, it's session |
359 | 00:29:49 --> 00:29:55 | liquidity. What does that mean? Well, the morning session, the afternoon |
360 | 00:29:55 --> 00:30:00 | session, the lunch macro, if it's going to retrace on whatever movie. In the |
361 | 00:30:00 --> 00:30:04 | morning, what's it going to be move against the trend that was happening in |
362 | 00:30:04 --> 00:30:08 | the morning session. Find that your easiest low hanging fruit low if you can |
363 | 00:30:08 --> 00:30:14 | trade that and find profitability that yields enough of a payout for you, then |
364 | 00:30:14 --> 00:30:18 | take the trade. But there's lots of trades that pass me by all day long |
365 | 00:30:18 --> 00:30:24 | where there are only 1015, 20 handles. I could do them all day long. I don't care |
366 | 00:30:24 --> 00:30:28 | about them. They're constantly there. They're like a McDonald's or a 711 |
367 | 00:30:28 --> 00:30:31 | they're on every corner. Drive down the road a little bit more, you're gonna see |
368 | 00:30:31 --> 00:30:37 | another one. I'm not worried about them. I'm stopping at I'm stopping at the bus |
369 | 00:30:37 --> 00:30:40 | stops, like where my wife's standing there, if I see my wife standing on a |
370 | 00:30:40 --> 00:30:43 | bus stop before I met her, I'm stopping at that and say, Honey. That and say, |
371 | 00:30:43 --> 00:30:46 | Honey, you need a ride, because I'll take you where you gotta go, and you're |
372 | 00:30:46 --> 00:30:50 | gonna enjoy the ride. I'm not slipping in Mickey D's fast food drive through. |
373 | 00:30:51 --> 00:30:54 | Okay? I don't slum it like that. I'm looking for the best setups. I'm looking |
374 | 00:30:54 --> 00:30:59 | for the things that make sense for me. Because I'm not a micro lot trader. I'm |
375 | 00:30:59 --> 00:31:05 | not a one lot trader. I'm in here trying to get something, and I want my my time |
376 | 00:31:05 --> 00:31:10 | to yield to me about bountiful harvest. I want something that's going to be |
377 | 00:31:10 --> 00:31:15 | worth my risk that I put on, but also deliver Gangbuster results, like bang, |
378 | 00:31:18 --> 00:31:23 | like emerald Lagasse. Remember him? He would just say, bam, put his spices on |
379 | 00:31:23 --> 00:31:26 | it. He was fun to watch. Otherwise, it's kind of boring, but when he did that, it |
380 | 00:31:26 --> 00:31:33 | was great. What's another one? ICT, we already know about the silver bullet. |
381 | 00:31:33 --> 00:31:39 | Okay, first presented fair value gap. It's going to form. It is absolutely |
382 | 00:31:39 --> 00:31:49 | going to form in the first 30 minutes or or it forces you into a silver bullet, |
383 | 00:31:49 --> 00:31:54 | 10 o'clock. So what have I done? I've basically encapsulated that first hour |
384 | 00:31:54 --> 00:31:58 | trading between 930 and 10 o'clock. I'm sorry, 930 and 1030 that first one hour |
385 | 00:31:58 --> 00:32:04 | trading, that is all I've been doing in front of you. |
386 | 00:32:06 --> 00:32:07 | Consistent in it, calling every |
387 | 00:32:09 --> 00:32:14 | candle, boom, boom, running to ourselves gonna go, boom, boom, boom, never |
388 | 00:32:14 --> 00:32:19 | missing the beat. Boom, boom, boom, all of a sudden you start thinking yourself, |
389 | 00:32:19 --> 00:32:19 | man, |
390 | 00:32:21 --> 00:32:23 | man. This guy's got his stuff together. |
391 | 00:32:23 --> 00:32:26 | Look at this. I mean, he's like, consistently telling you what's gonna |
392 | 00:32:26 --> 00:32:31 | go, Yep, and you can do it too. I'm trying to tell you I've already taught |
393 | 00:32:31 --> 00:32:35 | these things to you, but how much time have you spent working with it and |
394 | 00:32:35 --> 00:32:39 | blocking out everything else? That means, everything else I've taught on my |
395 | 00:32:39 --> 00:32:45 | YouTube channel? Focus on one thing, folks. What happens if the first percent |
396 | 00:32:45 --> 00:32:50 | of fair value gap forms in the first, first 30 minutes? But price just keeps |
397 | 00:32:50 --> 00:32:55 | people running away, and then it comes back to it? Just, just throw it away. |
398 | 00:32:55 --> 00:33:03 | Disabband it? Nope, absolutely not. Wait till 1030 1030 is that? Is that first |
399 | 00:33:03 --> 00:33:09 | hour trading. In that first hour of trading, you have the bulk of all this |
400 | 00:33:09 --> 00:33:15 | large influx of big conglomerate liquidity coming into the marketplace. |
401 | 00:33:15 --> 00:33:20 | It's shoved into the marketplace in the first hour. That's why there's so many |
402 | 00:33:20 --> 00:33:24 | opportunities for price to move around and gyrate, but after that first hour, |
403 | 00:33:25 --> 00:33:30 | if it's a trending day, it's obvious after the first hour, and this continues |
404 | 00:33:30 --> 00:33:34 | and continues and continues until the close of the day. But as a trader that's |
405 | 00:33:34 --> 00:33:37 | looking for setups using the first percent of your bag app, obviously, if |
406 | 00:33:37 --> 00:33:40 | you're bullish, you're looking for session relative equal highs, that's |
407 | 00:33:41 --> 00:33:45 | either going to form between seven o'clock in the opening bell 930 or |
408 | 00:33:45 --> 00:33:51 | London, high or London low. You got two choices there. Which one has a relative |
409 | 00:33:51 --> 00:33:57 | equal high, relative equal low. Hello. Damn. That's easy. That's easy. That's |
410 | 00:33:57 --> 00:34:01 | really easy, isn't it? It completely removes the ambiguity, doesn't it? Now, |
411 | 00:34:02 --> 00:34:06 | you would have figured that out if you listened to everything I said to focus |
412 | 00:34:06 --> 00:34:10 | on per session. But because you're out there looking for the next shiny object |
413 | 00:34:10 --> 00:34:13 | that I'm releasing all the time, you're never spending enough sufficient time |
414 | 00:34:13 --> 00:34:19 | working for what I already taught you. Oh, can you teach me how to do a bias is |
415 | 00:34:19 --> 00:34:26 | easy, and did it again here, and it'll go largely ignored. It'll go largely |
416 | 00:34:26 --> 00:34:30 | ignored Nobody. Nobody will look back and see how many times it tells you |
417 | 00:34:30 --> 00:34:35 | exactly what to do. But you're worried about, am I going to do a telegram |
418 | 00:34:35 --> 00:34:38 | session? Am I going to ever do a live stream? Am I ever going to do this? Am I |
419 | 00:34:38 --> 00:34:43 | going to do that? I told you I could stop you already have enough. But what |
420 | 00:34:43 --> 00:34:47 | happens if it keeps running? It never goes back to that first resistance, fair |
421 | 00:34:47 --> 00:34:52 | value gap in the first 30 minutes, a fair value gap that forms, well, that |
422 | 00:34:52 --> 00:34:58 | one minute chart that has displacement. It's obvious. It's showing itself, not |
423 | 00:34:58 --> 00:34:59 | some little micro. |
424 | 00:35:00 --> 00:35:00 | Separation, |
425 | 00:35:03 --> 00:35:08 | if it never comes back to it before it starts running. Wait till 1030 because |
426 | 00:35:08 --> 00:35:12 | you have the first hour trading behind you. Now, between 1030 and 1130 you have |
427 | 00:35:12 --> 00:35:18 | now London clothes. I said, See, we're talking about Spoos, bro. I thought |
428 | 00:35:18 --> 00:35:23 | about cable and fiber, currency futures and that type of stuff. We thought not. |
429 | 00:35:24 --> 00:35:28 | Why is money clothes have anything to do with this? Because that's what markets |
430 | 00:35:28 --> 00:35:37 | do. They're coded to offer a retracement back down into a fair value. And that's |
431 | 00:35:37 --> 00:35:40 | how I teach you. And I've done it. I've done it in front of you. You can't deny |
432 | 00:35:40 --> 00:35:43 | that. I've shown it to you. I've walked you through it, I've called it out in |
433 | 00:35:43 --> 00:35:45 | Telegram, and you've seen me trade it |
434 | 00:35:46 --> 00:35:47 | life funds, baby, |
435 | 00:35:50 --> 00:35:53 | pulling back into what first presented fair value gap. |
436 | 00:35:55 --> 00:35:58 | Oh yeah, how about that? |
437 | 00:35:59 --> 00:36:05 | It doesn't have to be the propulsion stage or springboard to put me in the |
438 | 00:36:05 --> 00:36:08 | trade. Sometimes it's going to run without me. I might be looking for that |
439 | 00:36:08 --> 00:36:11 | first visit to everybody. Got to get me on the trade. And the market says, Not |
440 | 00:36:11 --> 00:36:18 | today. ICT, okay, okay, I got you. No problem. Do your thing. I'll be waiting |
441 | 00:36:18 --> 00:36:24 | for you when you get to 1030 and when you walk yourself inside my crosshairs, |
442 | 00:36:24 --> 00:36:27 | I'm going to hug the trigger and |
443 | 00:36:28 --> 00:36:31 | I'm gonna drop you, and I'm gonna take my |
444 | 00:36:31 --> 00:36:34 | profit inside that first fit into fair value gap, at least very first partial |
445 | 00:36:34 --> 00:36:38 | will come out there. If it's on a day where I think it's gonna go lower, I |
446 | 00:36:38 --> 00:36:42 | wanna see through that, because in London, there's relative equal lows down |
447 | 00:36:42 --> 00:36:48 | there. They left generously that retail is going to say, Man, my stop is so |
448 | 00:36:48 --> 00:36:51 | protected underneath there ain't never coming back there until it does |
449 | 00:36:52 --> 00:37:01 | expediently. Daily highs and lows. Previous days high were the last highs |
450 | 00:37:01 --> 00:37:06 | in the last three days, because power three is not limited to just how one |
451 | 00:37:06 --> 00:37:09 | candlestick forms the open, high, low and close. |
452 | 00:37:10 --> 00:37:11 | Power of three |
453 | 00:37:12 --> 00:37:16 | is spreading out when we look at these books, buddy, it's going to be real |
454 | 00:37:16 --> 00:37:22 | interesting. Swing highs form and swing lows form with three ranges. Whatever |
455 | 00:37:22 --> 00:37:26 | time frame you're looking at, it requires three ranges. Now you can have |
456 | 00:37:27 --> 00:37:32 | equal highs with no wicks, and that could become a turning point. They |
457 | 00:37:32 --> 00:37:36 | require something else that I'm not going to teach here, because it takes a |
458 | 00:37:36 --> 00:37:39 | little bit more time to go beyond that, and I'm not going to I'm going to be |
459 | 00:37:39 --> 00:37:43 | escaping here in about 10 minutes. But a swing high and swing low requires three |
460 | 00:37:43 --> 00:37:48 | ranges, whatever time frame you're looking at it under. If you're looking |
461 | 00:37:48 --> 00:37:52 | at on a daily basis, you have to know what the last three days high and low |
462 | 00:37:52 --> 00:37:57 | have been. If you don't have the information you're you're ill equipped |
463 | 00:37:57 --> 00:38:04 | and not informed, because those pools of liquidity are gold mines, they are so |
464 | 00:38:04 --> 00:38:09 | influential over what price is going to gravitate to, it's it's nuts not to know |
465 | 00:38:09 --> 00:38:15 | what they are. How many times have you seen me call it the beginning of the |
466 | 00:38:15 --> 00:38:20 | week? Here's where price is going to start gravitating to. It's several 100 |
467 | 00:38:20 --> 00:38:24 | handles away, and the market runs up. It's right up there. Fall short. About |
468 | 00:38:25 --> 00:38:29 | 80 handles creates a swing high, and then it plummets. And you're thinking, |
469 | 00:38:30 --> 00:38:34 | look at this guy wrong. Can't wait to go on Twitter. Can't wait to go on x. This |
470 | 00:38:34 --> 00:38:37 | guy is such a failure. Blah, blah, blah, and it just goes down to something as a |
471 | 00:38:37 --> 00:38:40 | discount that I'm trading in front of you, calling it in Telegram, and then |
472 | 00:38:40 --> 00:38:47 | I'm running it up into that target. I love those setups. They placed that |
473 | 00:38:47 --> 00:38:50 | swing high there, just below a target that I know is a drawing liquidity, |
474 | 00:38:51 --> 00:38:55 | which is an old daily high, which is a previous week's high. No, that's not |
475 | 00:38:55 --> 00:39:00 | earth shattering. No, I didn't invent that. I'm excited. But all you Yahoos |
476 | 00:39:00 --> 00:39:03 | out there that want to talk smack all the time. You literally don't do it |
477 | 00:39:03 --> 00:39:09 | because you're looking at something else and you're posting, here's my 700 win. |
478 | 00:39:11 --> 00:39:19 | Here's my $500 win. What are you doing? ICT, an annual salary. Just saying, just |
479 | 00:39:19 --> 00:39:19 | saying, |
480 | 00:39:22 --> 00:39:23 | swing highs that |
481 | 00:39:23 --> 00:39:28 | form just below or just above, draws on liquidity death shared openly with you. |
482 | 00:39:30 --> 00:39:33 | Look at what I've been teaching you. Look at the ones I've shown you. Why |
483 | 00:39:33 --> 00:39:37 | have I brought them to your attention? They're fitting the criteria I'm |
484 | 00:39:37 --> 00:39:45 | outlining here. Previous week's highs and lows, that liquidity is enormous. |
485 | 00:39:45 --> 00:39:52 | It's enormous. They're all time based setups. They're they're never going to |
486 | 00:39:52 --> 00:39:57 | hide that, the daily high from you that was yesterday. They're never going to be |
487 | 00:39:57 --> 00:40:01 | able to do that. They're never going to be able to. Do that, but in forex, they |
488 | 00:40:01 --> 00:40:09 | can compare all the major brokers for forex. Look at GDP, USD, they're never |
489 | 00:40:09 --> 00:40:13 | going to agree. They're never going to have the same high. They're never going |
490 | 00:40:13 --> 00:40:21 | to have the same low. That market, especially right now, has so many |
491 | 00:40:21 --> 00:40:25 | disadvantages versus the futures market. The futures market, everybody has the |
492 | 00:40:25 --> 00:40:30 | same high, everybody has the same low. So that means every bit of liquidity is |
493 | 00:40:30 --> 00:40:33 | going to be above the high, is concentrated at that highest price, and |
494 | 00:40:33 --> 00:40:38 | just above it, you cannot have that same affinity in forex, because there's a |
495 | 00:40:38 --> 00:40:44 | disparity. And when you look inside how those brokers operate, they have smaller |
496 | 00:40:44 --> 00:40:47 | little polls where they're trading against their clients. |
497 | 00:40:49 --> 00:40:51 | I could, I could show you |
498 | 00:40:51 --> 00:40:55 | that because I had brokerage accounts through GFT, which I don't even think |
499 | 00:40:55 --> 00:40:59 | they exist anymore, they shut me down when I mistakenly talked out loud when I |
500 | 00:40:59 --> 00:41:02 | was on the phone. I said I was like, my son trade one of the accounts. And |
501 | 00:41:02 --> 00:41:05 | they're like, What do you say? Like, yeah, I slept my son. He was, you know, |
502 | 00:41:05 --> 00:41:08 | I'm trying to keep trying to check. He goes, we're not supposed to do that. I |
503 | 00:41:08 --> 00:41:11 | was like, Well, you know, just pretending to hear it. And he finished |
504 | 00:41:11 --> 00:41:14 | the conversation with me, and immediately they sent me notice that |
505 | 00:41:14 --> 00:41:15 | they closed the account. Okay, |
506 | 00:41:16 --> 00:41:21 | but I found out because I had multiple accounts in that brokerage firm, those |
507 | 00:41:21 --> 00:41:26 | highs didn't agree, just like fxcm. Remember them? Trash brokers? Remember |
508 | 00:41:26 --> 00:41:31 | that? Trash broker? Fxcm, same thing. There multiple accounts, friends that |
509 | 00:41:31 --> 00:41:34 | were trading too their highs are different from mine. I'm like, What in |
510 | 00:41:34 --> 00:41:39 | the world? Wow, that's way, that's way different from what I got. You don't |
511 | 00:41:39 --> 00:41:47 | have that problem when you're trading futures, NASDAQ high is NASDAQ high, but |
512 | 00:41:47 --> 00:41:52 | having that pool of liquidity, it's time based. It's time based, you're never |
513 | 00:41:52 --> 00:41:55 | going to be able to hide it from you. Ever they're never going to be able to |
514 | 00:41:55 --> 00:42:01 | hide it from you. New week, opening gaps, you've all fall in love with them, |
515 | 00:42:01 --> 00:42:04 | having you, they're like magnets, like black pools, no light escapes them, |
516 | 00:42:06 --> 00:42:11 | sucking everything beautiful, isn't it? Isn't it beautiful? You can see how |
517 | 00:42:11 --> 00:42:15 | these go back and forth, gravitating to this one, to that one. There's so many |
518 | 00:42:15 --> 00:42:19 | setups intraday that you can take with that. And you don't even need a bias. |
519 | 00:42:19 --> 00:42:23 | You don't even need a bias if it's in close proximity to a new week opening |
520 | 00:42:23 --> 00:42:27 | gap high or low, and it creates a fair value gap that's bearish, and the new |
521 | 00:42:27 --> 00:42:30 | week opening gaps lower by 20 handles or a little bit more than that. You have an |
522 | 00:42:30 --> 00:42:34 | easy bread and butter setup right there. Oh, man, it's easy. |
523 | 00:42:35 --> 00:42:36 | That's easy. |
524 | 00:42:38 --> 00:42:41 | At the end of this year, I'm going to give you a challenge going into next |
525 | 00:42:41 --> 00:42:44 | year. Don't do it now. |
526 | 00:42:45 --> 00:42:47 | Next year, I want you to |
527 | 00:42:47 --> 00:42:53 | try to go into the day with demo account and always be in the market. You got one |
528 | 00:42:53 --> 00:42:58 | contract, micro contract, and I want you to constantly stay in the market for a |
529 | 00:42:58 --> 00:43:04 | set period time, the entirety of the am session, or the entirety of the pm |
530 | 00:43:04 --> 00:43:08 | session, or the london session, or if you really dumb hell about it, the |
531 | 00:43:08 --> 00:43:11 | entire session. A lot of people don't have the stamina for that, but I've done |
532 | 00:43:11 --> 00:43:15 | things like that. I've conditioned myself to do that constantly. I gotta be |
533 | 00:43:15 --> 00:43:20 | in a trade if I close, it's only because I'm reversing. You want to learn how to |
534 | 00:43:20 --> 00:43:25 | really get a feel for price action practice like that. And you will be a |
535 | 00:43:25 --> 00:43:31 | maestro in market structure, and you will run circles around anybody else out |
536 | 00:43:31 --> 00:43:35 | there that has a title that they work at this firm or this, I'm a Goldman. I'm a |
537 | 00:43:35 --> 00:43:38 | this. You're getting your goober. Okay, you can't do anything, because if you |
538 | 00:43:38 --> 00:43:41 | could do it, you out here moon walking in front of everybody doing it, but you |
539 | 00:43:41 --> 00:43:45 | ain't you're leaning on your title. Who cares about that? You trade off people's |
540 | 00:43:45 --> 00:43:50 | money. You don't even suffer the real losses when you have a loss. So what's |
541 | 00:43:50 --> 00:43:58 | that really telling you New Day opening gaps, the opening range gap. They're all |
542 | 00:43:58 --> 00:44:05 | time based mechanisms. These things cannot hide from you, and when you strip |
543 | 00:44:05 --> 00:44:10 | it down, say, Okay, I'm going to look for the setup that runs into a new weak |
544 | 00:44:10 --> 00:44:13 | opening gap. I'm going to forget everything else ICC ever said. I can see |
545 | 00:44:13 --> 00:44:22 | this happening every day. When you're weak, you're weak analysis, W, E, E, K, |
546 | 00:44:22 --> 00:44:28 | not W, E, A, K, your weekly analysis suggests that we're going downtown for a |
547 | 00:44:28 --> 00:44:34 | while, a couple 100 handles. And you see intraday, after a rally in the morning |
548 | 00:44:34 --> 00:44:38 | hump, and it's starting to break down, starts to roll over a little bit. Now |
549 | 00:44:38 --> 00:44:43 | you see that we're just hovering above a new week opening gap, whether it be this |
550 | 00:44:43 --> 00:44:46 | week's new week opening gap or last week's new week opening gap, or anyone |
551 | 00:44:46 --> 00:44:56 | in the last five that is a no brainer trade. They're going to be such an easy |
552 | 00:44:56 --> 00:45:02 | ride, low resistance. Liquidity run right down to new week opening gap. Huh? |
553 | 00:45:02 --> 00:45:05 | That's it. Don't try to get in there. Get fancy with the constant |
554 | 00:45:05 --> 00:45:09 | encouragement of it. Don't try to get the whole new week opening gap. Same |
555 | 00:45:09 --> 00:45:18 | thing with the new day opening guy. If you use these as little magnets, you're |
556 | 00:45:18 --> 00:45:22 | tossing your coins in the direction of that magnet when you put a trade on, |
557 | 00:45:24 --> 00:45:27 | sure, not every one of those coins are going to be magnetizing. Gravitate right |
558 | 00:45:27 --> 00:45:31 | to it. You might miss a little bit of the move, even if you get close to it. |
559 | 00:45:31 --> 00:45:36 | It's like in horseshoes, if you get out in the direction of that new week |
560 | 00:45:36 --> 00:45:41 | opening gap or New Day opening gap, from where you entered if there's a |
561 | 00:45:41 --> 00:45:45 | difference that allows you to make your ends meet, your car payment, your car |
562 | 00:45:45 --> 00:45:49 | insurance, pay for your groceries for that month. You know what you're doing. |
563 | 00:45:49 --> 00:45:54 | You're eating and in this world right now, that's number one priority right |
564 | 00:45:54 --> 00:45:58 | now. You're not out getting rich. That can happen over time, but you got to |
565 | 00:45:58 --> 00:46:03 | learn how to eat by your own hand, not the person you get a paycheck from each |
566 | 00:46:03 --> 00:46:07 | week or bi weekly. You gotta learn how to do this on your own. And you have |
567 | 00:46:07 --> 00:46:12 | enough tools now. You have enough things from my repertoire, my arsenal, but you |
568 | 00:46:12 --> 00:46:15 | aren't doing anything with it constructively. You have to strip it |
569 | 00:46:15 --> 00:46:18 | down. Say, Okay, when am I able to do something in the marketplace, and which |
570 | 00:46:18 --> 00:46:24 | one of these tools am I gonna use to draw on for liquidity, because that's |
571 | 00:46:24 --> 00:46:25 | the secret, folks, you want to |
572 | 00:46:27 --> 00:46:28 | know, the secret to trading. |
573 | 00:46:30 --> 00:46:34 | Where is it right now, and where did it come from? Where did price just recently |
574 | 00:46:34 --> 00:46:39 | come from? Did it just run below, swing low? Okay, if it did that, and you have |
575 | 00:46:39 --> 00:46:44 | relative equal highs above you, you have a 90 plus percent chance that that |
576 | 00:46:44 --> 00:46:47 | thing's going up there, even if it fails to go up to the relative equal highs, |
577 | 00:46:47 --> 00:46:52 | you have something that will yield you opportunity to take something out |
578 | 00:46:52 --> 00:47:00 | partially. I posted something this week, and I said, if you start framing the |
579 | 00:47:00 --> 00:47:06 | risk in trade management around your first potential profit, where you take a |
580 | 00:47:06 --> 00:47:10 | partial and you should know what that is before you can put your trade on. If |
581 | 00:47:10 --> 00:47:14 | you're rushing in there, you can get in there. You're doing what you're supposed |
582 | 00:47:14 --> 00:47:20 | to be doing. You should already know where you can get out with something, |
583 | 00:47:20 --> 00:47:27 | even if you are wrong, but you don't want to hear about that. You don't want |
584 | 00:47:27 --> 00:47:31 | to admit that you're probably going to do it wrong. Let me tell you something. |
585 | 00:47:31 --> 00:47:36 | The reason why I'm not doing every day in telegram is because there's a whole |
586 | 00:47:36 --> 00:47:40 | lot of manipulation going on in the market right now, and me against the |
587 | 00:47:40 --> 00:47:47 | hand, the hand's going to win. That's just me being real. I know where my |
588 | 00:47:47 --> 00:47:50 | limitations are, but I also know that the market can't stay like that in |
589 | 00:47:50 --> 00:47:55 | perpetuity. So I'm just chilling. I'm being real quiet, reserved about what |
590 | 00:47:55 --> 00:48:00 | I'm doing privately. I'm not placing my my stops publicly. I'm not telling |
591 | 00:48:00 --> 00:48:03 | everybody what I think is going to do right now, because I'm in here trying to |
592 | 00:48:03 --> 00:48:12 | make ends meet too, right, in a way. So what are you what are you going to use? |
593 | 00:48:13 --> 00:48:18 | What are you going to have your core model wrap around? What is it drawing |
594 | 00:48:18 --> 00:48:23 | to? It's not your entry mechanism. I have 80 plus of them, the ones that are |
595 | 00:48:23 --> 00:48:26 | constant. They always agree all the time, no matter what I'm trading. What |
596 | 00:48:27 --> 00:48:31 | model are these periods of where the market creates this pool of liquidity, |
597 | 00:48:31 --> 00:48:42 | inefficiency or liquidity? And they are perfect. They're perfect in their |
598 | 00:48:42 --> 00:48:48 | understanding of how it's going to draw price at that time, if it doesn't draw |
599 | 00:48:48 --> 00:48:51 | to them, and it starts to move away after I enter a trade and it says, No, |
600 | 00:48:51 --> 00:48:56 | I'm not interested in going down here, then it's easier for me to cut the bait |
601 | 00:48:56 --> 00:48:59 | and say, Okay, I'm going to take the loss here. I won't let it take my stop |
602 | 00:48:59 --> 00:49:05 | loss. It gives me clarity. A lot of you ask these questions that I've answered |
603 | 00:49:05 --> 00:49:10 | without actually addressing them. You know, verbatim, a lot of the questions |
604 | 00:49:10 --> 00:49:15 | you all send me in my comment section or post to me on x, I have answered all |
605 | 00:49:15 --> 00:49:19 | those things in the natural delivery of the content, but you're looking for a |
606 | 00:49:19 --> 00:49:24 | way to avoid 500 plus videos, when not all those videos should be looked at |
607 | 00:49:24 --> 00:49:29 | right now. Why all of you are still studying the old stuff when I've been |
608 | 00:49:29 --> 00:49:33 | presently calling it live right now is beyond me. I don't understand that. |
609 | 00:49:34 --> 00:49:34 | Like you |
610 | 00:49:36 --> 00:49:40 | stand in front of a magician, a world class magician, and you're there to |
611 | 00:49:40 --> 00:49:46 | learn how to do and perform magic and say, Listen. David Copperfield, Hey, |
612 | 00:49:47 --> 00:49:52 | listen. Which one of your old CBS broadcasts do you recommend that I watch |
613 | 00:49:52 --> 00:49:58 | to learn from you while he's doing a workshop for free every single day. It |
614 | 00:49:58 --> 00:50:03 | doesn't make any sense to me. You that shows me that the person that's asking |
615 | 00:50:03 --> 00:50:06 | that question or trying to do that has clearly no idea what they're in getting |
616 | 00:50:06 --> 00:50:10 | involved in. They're not prepared. You're not even ready to be doing |
617 | 00:50:10 --> 00:50:16 | anything in the marketplace. If you're thinking like that, like imagine going |
618 | 00:50:16 --> 00:50:21 | to buy a car. It's a used car, but it's a it's a vintage muscle car. It's decked |
619 | 00:50:21 --> 00:50:24 | out, it's been well preserved. And you say, hey, look, I'm here. I'm interested |
620 | 00:50:24 --> 00:50:28 | in your car. Okay, you want test drive? No, no, no, I want to look at what other |
621 | 00:50:28 --> 00:50:32 | cars you have. How'd you take care of that? It doesn't make any sense. Where's |
622 | 00:50:33 --> 00:50:40 | your focus? If someone's going to show you the goods, prove it to you, in front |
623 | 00:50:40 --> 00:50:45 | of witnesses that this is how the market's going to deliver a price, and |
624 | 00:50:45 --> 00:50:48 | they have rule based ideas, and it says, Now watch how the market gravitates to |
625 | 00:50:48 --> 00:50:55 | this level. Here, my teaching style is, I'm not going to put you in the trade. |
626 | 00:50:55 --> 00:50:59 | I'm going to show you where the market's going to go. Why did I do that? Because |
627 | 00:50:59 --> 00:51:04 | I know that all of you have a different personality that's going to lead to you |
628 | 00:51:04 --> 00:51:09 | seeing a bull shorter block, and you have no affinity for the fair value gap. |
629 | 00:51:10 --> 00:51:13 | You go now to pick an order block, but you can see a fair value gap, and that's |
630 | 00:51:13 --> 00:51:18 | your model, right there. Or, Hey, I only trade breakers, bro. Breakers are |
631 | 00:51:18 --> 00:51:24 | nothing. Okay? I'm allowing you as my students to bring that personality, that |
632 | 00:51:24 --> 00:51:29 | choice of PD array. There's nothing. There's nothing that says that PD array |
633 | 00:51:29 --> 00:51:33 | is better than the only unless you want to mathematically define it by which one |
634 | 00:51:33 --> 00:51:38 | formed first and how much it yields to the target. That's the only way you can |
635 | 00:51:38 --> 00:51:42 | adequately say which one's better. And I'm saying that regretting it already, |
636 | 00:51:42 --> 00:51:45 | because you're not thinking, Okay, so now my pursuit. He's saying, without |
637 | 00:51:45 --> 00:51:50 | saying it, it's code word to look I didn't say that at all. Not everything I |
638 | 00:51:50 --> 00:51:55 | say is a mystery. Not everything that I'm saying is meant for you to go and |
639 | 00:51:55 --> 00:51:58 | answer. I think he just said something. Let me start cracking the code. It's |
640 | 00:51:58 --> 00:52:04 | just plain, simple logic, your choice of PD array is perfect for you at this |
641 | 00:52:04 --> 00:52:07 | moment in your career, in your development. It doesn't mean that that's |
642 | 00:52:07 --> 00:52:10 | going to be the one that you stick with all the time, but once you learn how to |
643 | 00:52:10 --> 00:52:14 | use it, you have that behind you. Now it's in your belt, okay, utility belt. |
644 | 00:52:14 --> 00:52:19 | It's in your toolbox as a trader. And then you explore the use of another PD |
645 | 00:52:19 --> 00:52:23 | array, and over time, you might have two or three that you got really, really |
646 | 00:52:23 --> 00:52:29 | good with, but you'll learn how to use all of them to agree that the trade |
647 | 00:52:29 --> 00:52:35 | you're in is still good. That's the graduating approach to using what I'm |
648 | 00:52:35 --> 00:52:41 | teaching. You find one to start and get a baseline understanding. You have to |
649 | 00:52:41 --> 00:52:45 | have a beginning baseline. How often does it deliver? How many times is it |
650 | 00:52:45 --> 00:52:47 | delivered at that time of day? What time of day |
651 | 00:52:48 --> 00:52:49 | to opening 930, |
652 | 00:52:50 --> 00:52:56 | to 10 o'clock, that opening range, 130 to two o'clock, the pm session opening |
653 | 00:52:56 --> 00:53:06 | range, London. You start the day with true day at midnight to 1230 that first |
654 | 00:53:06 --> 00:53:15 | 30 minutes. That's how I started trading the Globex with currency futures. That |
655 | 00:53:15 --> 00:53:20 | was my opening range. That was it. It still works today. It still works today. |
656 | 00:53:20 --> 00:53:23 | I see. What are you going to do when they make you when they make nq, they |
657 | 00:53:23 --> 00:53:26 | take away the stop in the afternoon, they're going to change the algorithm. |
658 | 00:53:26 --> 00:53:33 | No, they ain't, because they cannot hide liquidity. There's always going to be |
659 | 00:53:33 --> 00:53:38 | inefficiencies, and there's going to be people that did something wrong, and I |
660 | 00:53:38 --> 00:53:44 | know what they are doing when you're doing it wrong. I told you I got tricks |
661 | 00:53:44 --> 00:53:48 | I've never shown before. It could literally turn everything upside down, |
662 | 00:53:48 --> 00:53:51 | and I'll still be out here doing what I'm doing right now. That's confidence, |
663 | 00:53:51 --> 00:53:55 | folks. You can't buy that from a course. You can't learn that from a mentor. I've |
664 | 00:53:56 --> 00:53:59 | been doing this far too long to worry about what they're going to do to change |
665 | 00:53:59 --> 00:54:03 | it because they don't like I'm teaching people to become rich. They cats have a |
666 | 00:54:03 --> 00:54:11 | bag. Baby, see me kiss my ass. You can't stop us. You can't stop us, period. Put |
667 | 00:54:13 --> 00:54:18 | that in your pipe and smoke at you. Sons of bitches, you can't stop us. You can't |
668 | 00:54:18 --> 00:54:26 | do shit to stop us. You feel a charge. Yeah, you ain't doing shit. You ain't |
669 | 00:54:26 --> 00:54:31 | doing nothing. Make the market move all around. Do it? Move it all around? Clear |
670 | 00:54:31 --> 00:54:37 | the board. You can't keep it up, because there's large influx of flows that come |
671 | 00:54:37 --> 00:54:41 | in that you want to get those fees from. When trades are taken, they're going to |
672 | 00:54:41 --> 00:54:47 | dry up. You got to calm that shit down real fast. You got to calm it down, |
673 | 00:54:47 --> 00:54:52 | bring that volatility back in check. So these large institutions feel |
674 | 00:54:52 --> 00:54:58 | comfortable again, because they're not comfortable right now. These are all |
675 | 00:54:58 --> 00:55:04 | little storms that last for a short. A period of time as a new trader. You |
676 | 00:55:04 --> 00:55:10 | don't see it that way. They're changing the world's algorithms. No, they're not. |
677 | 00:55:11 --> 00:55:15 | They're disrupting things. Of course, they're doing that. That doesn't mean |
678 | 00:55:15 --> 00:55:18 | they're changing things that you're going to be using in the future for the |
679 | 00:55:18 --> 00:55:26 | rest of your career. So what if they do away with a new day opening gap? I got |
680 | 00:55:26 --> 00:55:30 | tools that they don't know I got there's things that are just tucked in behind |
681 | 00:55:30 --> 00:55:38 | the code, just behind that source code, that they don't know shit about. So I |
682 | 00:55:38 --> 00:55:42 | worried about that, and neither should you. You have other things you could be |
683 | 00:55:42 --> 00:55:46 | doing. Besides that, there's other things I taught you, besides the new day |
684 | 00:55:46 --> 00:55:50 | opening up, there's nothing for you to be worried about. There's no fear that |
685 | 00:55:50 --> 00:55:54 | you have to concern yourself with nothing. You shouldn't be obsessive |
686 | 00:55:54 --> 00:56:01 | about nothing. Period, long and short is all of these PD arrays in concert with |
687 | 00:56:01 --> 00:56:08 | very specific pools of liquidity within specific times of the day, days of the |
688 | 00:56:08 --> 00:56:15 | week, Monday, Tuesday, Thursday, Friday, beginning and end of the weekly range. |
689 | 00:56:15 --> 00:56:18 | What happens if it's quiet on Monday and Tuesday? Well, you know what's happening |
690 | 00:56:18 --> 00:56:22 | on Wednesday and Thursday. You have range expansion. Where do they lead the |
691 | 00:56:22 --> 00:56:26 | relative equal highs and lows on Monday and Tuesday? Because that's what they're |
692 | 00:56:26 --> 00:56:30 | going to gun on Wednesday and Thursday. How do you know that? Well, I know with |
693 | 00:56:30 --> 00:56:34 | a 90% likelihood, is going to happen like that, when the economic counter |
694 | 00:56:34 --> 00:56:39 | says there ain't nothing to worry about on Monday and Tuesday, but Wednesday, |
695 | 00:56:39 --> 00:56:43 | boom. What happens when they have CPI and ppi. You nobody can predict that. I |
696 | 00:56:43 --> 00:56:48 | don't try to stand in front of it. When I was younger, I tried, and I was |
697 | 00:56:48 --> 00:56:51 | picking up my ass with broken fingers and missing teeth. It's just not it's |
698 | 00:56:51 --> 00:57:00 | not fun. It would cleanly sever you. Let it happen. Let it happen. See what they |
699 | 00:57:00 --> 00:57:04 | left. Because the first point of indication you have right there, as soon |
700 | 00:57:04 --> 00:57:08 | as they rip that market higher or lower, the lower high formed at 830 when that |
701 | 00:57:08 --> 00:57:11 | news report comes out, that's where they're going to take it back to, |
702 | 00:57:11 --> 00:57:17 | because they know, they know somebody gambled, and they're gonna come back |
703 | 00:57:17 --> 00:57:20 | there and knock them off and keep running over top of them go the other |
704 | 00:57:20 --> 00:57:24 | direction, or go back in the same direction, and do half of the move that |
705 | 00:57:24 --> 00:57:29 | the report came out, or continues continuously going run after the report |
706 | 00:57:29 --> 00:57:33 | came out. These are things that can't be hidden from you folks, but so you don't |
707 | 00:57:33 --> 00:57:40 | think that way, because you're looking for the Reaper, the Wraith, the silver |
708 | 00:57:40 --> 00:57:46 | bullets, second cousin, you're always looking for something new, that this is |
709 | 00:57:46 --> 00:57:50 | going to be easier for you. Notice it's not getting any easier for you. It's |
710 | 00:57:50 --> 00:57:54 | still staying the same. But I'm giving you a menu to choose from. How you're |
711 | 00:57:54 --> 00:57:58 | going to sit the table and eat. How are you going to do it? What utensils you're |
712 | 00:57:58 --> 00:58:03 | going to use? You're going to feed yourself with a butter knife? Are going |
713 | 00:58:03 --> 00:58:12 | to use the spoon, the fork? Think about it. It's etiquette. You have to use |
714 | 00:58:12 --> 00:58:17 | proper etiquette when you're dealing with the marketplace. Which PD array are |
715 | 00:58:17 --> 00:58:22 | you going to eat off of when you get down, you sit at a nice supply star |
716 | 00:58:22 --> 00:58:28 | restaurant. You don't sit down and say, hey, hey, you take a look at this. I'm |
717 | 00:58:28 --> 00:58:33 | here watch this, and start just grabbing whatever you want with your hands or |
718 | 00:58:34 --> 00:58:38 | eating with the wrong fork. Instead of a salad fork, you're eating with the |
719 | 00:58:38 --> 00:58:45 | entree fork. You're messing things up. There's an etiquette to it, and you have |
720 | 00:58:45 --> 00:58:51 | to know what your model and what its approach is and how it's used. That's |
721 | 00:58:51 --> 00:58:54 | etiquette. You're not trying to do things outside your model. You're not |
722 | 00:58:54 --> 00:59:00 | trying to do something that you're not supposed to be doing. All of these |
723 | 00:59:00 --> 00:59:06 | setups I've mentioned these conditions, they have an infinite level of yielding |
724 | 00:59:06 --> 00:59:15 | supply to you, I could remain silent for the rest of my days on this earth. And |
725 | 00:59:15 --> 00:59:18 | what I've said to you today, for those who have been with me for a while, and |
726 | 00:59:18 --> 00:59:20 | you understand what I said, because I know some of you are brand new, like, I |
727 | 00:59:20 --> 00:59:25 | have no idea what this guy's talking about. Why is he yelling to get your |
728 | 00:59:25 --> 00:59:29 | attention? Because I know some of you are falling asleep or bored, grabbing |
729 | 00:59:29 --> 00:59:33 | you by your pelvis and shaking you listen. You're looking at the wrong |
730 | 00:59:33 --> 00:59:37 | things and obsessing about the wrong stuff. This is what you should focus on. |
731 | 00:59:37 --> 00:59:44 | That's what makes me ICT. I know what time it is. I know what time it is, and |
732 | 00:59:44 --> 00:59:48 | honestly, knew what time it's going to get there. I'll never teach you that, |
733 | 00:59:49 --> 00:59:53 | but I can teach you when it will start. It doesn't do anything to me. Can't get |
734 | 00:59:53 --> 00:59:58 | any trouble doing that. Bottom line is, you're seeing my students doing it, and |
735 | 00:59:58 --> 01:00:02 | there's a new influx of new. Students proving they can do it in their own |
736 | 01:00:02 --> 01:00:03 | hands. I'm not guiding them. |
737 | 01:00:05 --> 01:00:07 | I'm not guiding them. They have worked |
738 | 01:00:07 --> 01:00:11 | for their self. They put the time in. They've worked on studying, they back |
739 | 01:00:11 --> 01:00:14 | tested. They don't care what anybody else says about me or whatever I taught. |
740 | 01:00:14 --> 01:00:18 | They don't care about that stuff because they have seen enough the little bit of |
741 | 01:00:18 --> 01:00:21 | study they've done. They said, I see something there. I'm not going to let go |
742 | 01:00:21 --> 01:00:24 | of this like a pit bull a pork chop. I'm not letting not letting go. I'm not |
743 | 01:00:24 --> 01:00:27 | letting go, damn it. I'm gonna figure this out. And you need to have that |
744 | 01:00:27 --> 01:00:30 | tenacity, because you don't have that tenacity, you won't make it here as a |
745 | 01:00:30 --> 01:00:33 | trader. I don't give a shit if you're learning from me or someone else. I |
746 | 01:00:33 --> 01:00:37 | don't care. You need to know that this is for you. No one's taking it from you. |
747 | 01:00:37 --> 01:00:41 | Try me. I never letting go. That's your attitude. That's how you should fix the |
748 | 01:00:41 --> 01:00:44 | habit, that mentality. If you don't have that, you need to muster it. You need to |
749 | 01:00:44 --> 01:00:48 | build it up inside. You say, You know what this is for me. No one's taking it |
750 | 01:00:48 --> 01:00:54 | from me, and I'm not going to be denied. You can't. You can't withhold this from |
751 | 01:00:54 --> 01:01:01 | me. When you have that unstoppable, unstoppable, and then when you have the |
752 | 01:01:01 --> 01:01:06 | model in your hand and you know exactly how you're going to perform with it, you |
753 | 01:01:06 --> 01:01:13 | have no idea, you have no idea the potential you have, then every goal that |
754 | 01:01:13 --> 01:01:20 | you ever set smashed, every goal that you ever imagined within your reach |
755 | 01:01:20 --> 01:01:25 | smashed. And you look around, think me, I did not have high enough goals. This |
756 | 01:01:25 --> 01:01:29 | was too easy. This was too easy. But while you're going through it, it seems |
757 | 01:01:29 --> 01:01:35 | impossible. It seems like you're never going to get there. You'll never get |
758 | 01:01:35 --> 01:01:41 | there if you quit, if you if you listen to other people, you're never going to |
759 | 01:01:41 --> 01:01:45 | get there. You're inviting people that are stupid. They're ill informed. They |
760 | 01:01:45 --> 01:01:47 | have no idea what they're talking about. They're not doing it. So why even |
761 | 01:01:47 --> 01:01:51 | listening to them? They're not doing it. So why are you taking other people's |
762 | 01:01:51 --> 01:01:55 | advice that aren't doing shit? If they're not doing better than you, they |
763 | 01:01:55 --> 01:02:00 | don't have any opinion on how to make you better. But you all listen to that |
764 | 01:02:00 --> 01:02:06 | stuff. Cut it out. Cut all that stuff out. Go right to the core of what you're |
765 | 01:02:06 --> 01:02:10 | doing this for. You want to be self sufficient. You want to be able to make |
766 | 01:02:10 --> 01:02:13 | this money on your own. You don't want to listen to me. You don't listen to |
767 | 01:02:13 --> 01:02:15 | anybody else. You may want to be on social media. Fuck these people. You |
768 | 01:02:15 --> 01:02:18 | don't want to give a shit about what they say about you. You don't care. You |
769 | 01:02:18 --> 01:02:21 | know, you don't give a shit if they see what house you live in, you don't give a |
770 | 01:02:21 --> 01:02:24 | shit, what kind of car you drive, how much money you got in the fucking bank. |
771 | 01:02:24 --> 01:02:28 | You don't care about none of that, because you're living your life. You're |
772 | 01:02:28 --> 01:02:31 | taking care of your family. If it's fucking offends you, I don't give a |
773 | 01:02:31 --> 01:02:34 | shit. Move on down the fucking road, because this is where the rubber meets |
774 | 01:02:34 --> 01:02:39 | the road, folks, no one's gonna protect you. I can't protect you. You're gonna |
775 | 01:02:39 --> 01:02:44 | fuck it up if you fuck it up and you did it in your own hands. But if you do the |
776 | 01:02:44 --> 01:02:48 | due diligence and say, I'm cutting all the bullshit out today, I'm cutting it |
777 | 01:02:48 --> 01:02:52 | all out. I got no excuses. Now, he said it, I got no excuses. It's there. It's |
778 | 01:02:52 --> 01:02:56 | in the charts every single day, every single week. What am I going to do with |
779 | 01:02:56 --> 01:03:02 | it? Not one of my students is doing everything I ever taught. Not one of |
780 | 01:03:02 --> 01:03:06 | them, the ones that are millionaires, they found one thing that made sense to |
781 | 01:03:06 --> 01:03:12 | them and said, Fuck everything else. I don't need it. This works. This works. |
782 | 01:03:13 --> 01:03:16 | It works in my hands. I don't lose sleep over it. It's what I needed the whole |
783 | 01:03:16 --> 01:03:20 | time. And I recognized it. And I don't tinker with it. I don't try to improve |
784 | 01:03:20 --> 01:03:26 | it. It delivers done. You don't go in and tell your boss. You know what? I |
785 | 01:03:26 --> 01:03:29 | worked last week, I said to myself, You know what this guy needs? I need to |
786 | 01:03:29 --> 01:03:33 | fucking work for half my salary. I need to do my due diligence to make this |
787 | 01:03:33 --> 01:03:37 | company better. Fuck it. I'm giving half of my time, half of my salary, for my |
788 | 01:03:37 --> 01:03:40 | time, because, you know what? I care about this company. Fuck no. You're |
789 | 01:03:40 --> 01:03:45 | never going to do that. You're never going to do that, but that's exactly |
790 | 01:03:45 --> 01:03:49 | what you're doing when you half ass trying to learn this. This is the |
791 | 01:03:49 --> 01:03:55 | hardest, easy money you've ever made, and the only thing that complicates it |
792 | 01:03:55 --> 01:04:03 | is the person you see in the mirror. How long? How long are you going to let that |
793 | 01:04:03 --> 01:04:08 | person in the reflection of that mirror hold you back? You gotta tell that |
794 | 01:04:08 --> 01:04:14 | person that you're looking at in that mirror. Why are you dragging ass? Why |
795 | 01:04:14 --> 01:04:19 | you keep messing us up? Move out of the way so we can get there. It doesn't |
796 | 01:04:19 --> 01:04:23 | matter who else agrees with us. It doesn't matter who else believes in us. |
797 | 01:04:24 --> 01:04:29 | I believe in me. I believe I'm going to do it. You may not see it yet, but when |
798 | 01:04:29 --> 01:04:34 | I look at you again, months, weeks, years from now, the road you're going to |
799 | 01:04:34 --> 01:04:40 | see what I already see, because this mirror lies. It's showing you something |
800 | 01:04:40 --> 01:04:44 | that you don't look like. When I look at you, you think you look like that person |
801 | 01:04:44 --> 01:04:50 | in the reflection right here, you don't. You don't. It's backwards. And it's not |
802 | 01:04:50 --> 01:04:54 | shocking. You think about how we think ass backwards. We think about things |
803 | 01:04:54 --> 01:04:57 | backwards because we don't think we deserve it. Bullshit. You deserve it. |
804 | 01:04:57 --> 01:05:02 | The fact that you're still listening to me, boy. We you know, you want it. You |
805 | 01:05:02 --> 01:05:07 | can fucking taste it. It's ready. It's within rasp, you know, it's there. You |
806 | 01:05:07 --> 01:05:11 | gotta keep digging. It's gonna happen for you. It's going to happen. You think |
807 | 01:05:11 --> 01:05:14 | fucking Kyle didn't feel like he was defeated a couple times in the |
808 | 01:05:14 --> 01:05:19 | beginning? Of course, he did. Kane, you think he couldn't fucking have a bad |
809 | 01:05:19 --> 01:05:24 | day? Think, man, shit never gonna happen for me, bro, what's going on? I have |
810 | 01:05:24 --> 01:05:28 | dozens other ones, and I'm begging for them to come forward, not because I'm |
811 | 01:05:28 --> 01:05:31 | selling a mentorship, but I want them to know that. Want you all to know they're |
812 | 01:05:31 --> 01:05:35 | not the only millionaires, they're not the only millionaires, but they don't |
813 | 01:05:35 --> 01:05:39 | give a about you. They don't care about your opinion. Why? Because they're |
814 | 01:05:39 --> 01:05:46 | living their life anew, brand new new step, new step. New Spring under step. |
815 | 01:05:47 --> 01:05:50 | Why? Because they don't need ICT no more. And guess what, baby, that's |
816 | 01:05:50 --> 01:05:54 | exactly what you do when you graduate. Fuck you. I see thing. Thanks brother. |
817 | 01:05:54 --> 01:05:57 | See you. That's exactly how I want you to do. I don't want you tethered to me. |
818 | 01:05:57 --> 01:06:03 | I don't want you constantly tethered to me. I want you to say, thank you so much |
819 | 01:06:03 --> 01:06:06 | that I got time to be best with you. No more. I got things to do, places to be |
820 | 01:06:07 --> 01:06:14 | gone. That's exactly how you leave the nest. That's it. We're done. You. |