ICT YT - 2018-01-08 - ICT January 08 2018.srt

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ICT: Good morning, folks, it is January 8 2018, is about 10 minutes before 11am
Eastern Time, or ICT time as we would otherwise refer to it. whatever time it is

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in New York, and the states, that's what time it is here locally with ICT. So I
sent out a couple tweets this morning, kind of get your gears turning a little

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bit and relates to Bitcoin. And I want you to recall that I gave a video on my
YouTube channel. It's in fact, this video here, you can go to my YouTube

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channel, inner circle trader and the episode on January 4 2018. I go into the
reasons why I felt that while everyone else was cheerleading in China pump up,

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ripple and such, that was not likely to happen. And I go through all the reasons
why in this video, so I'm not going to bore you with all that. But it's not

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about retweeting things to have the same hope and prayer mentality. It's not
about retweeting or pumping, the, the storyline that you hope is going to unfold

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because you want to look smart online, you have to know what you're doing
technically. And you have to also know what the drivers are going to be to shift

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sentiment. And I go over what that is in here. And I gave it to you the day that
it occurred, and go back and look at it. Okay? Don't take other people's

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opinions about me or my content, and then assume that's what it is. investigate
what I do, what I teach what I say, and you'll see what I'm talking about is 90%

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club here. Okay, we don't goof around. We don't pump. We don't cheerlead things
up. We stick to the technicals. And with the tools in my repertoire, have really

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served me well for 25 years plus, so I'm not a new kid on the block with this
stuff. Okay, I didn't just recently find something I can see in the charts. I've

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been doing this for a long, long time. So let's go back over, take a look at the
kryptos. Right, so we're looking at Bitcoin and posed the question this morning

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on Twitter. Why was I mentioning 17,500 as a catalyst for anything bullish above
that, okay, is positive for me, it needs to get above 75. Why 17 five? Well, I

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want to go over a couple things before we get to that point. But these zoom in
and put some lipstick on this pig here. So we have and I'm admittedly very

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clumsy with this. So it is what it is. Alright, so we have this. And then we
have this. Okay, and I'll talk about that. So we have the stops, branch above,

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previous high here. And we also have it over here as well. The stops are seen
here. x here is a word. So we'll put that here. And let's make a little copy of

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it, and post it right over there. Now, if you go back and watch what I said on
Twitter, and I gave reasons why I felt that we would not see 20,000 in 2017 on

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this particular day right here, okay, and go back and look at it on Twitter
can't manipulate all that stuff. And I told you the reasons why. Okay, and it

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was all of this cheerleading, pump it up, pump it up, everybody's all excited
about Bitcoin. And I said,

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if it's going to go higher, it's going to have to go down first, kill all the
long holders because you know what the mantra is in crypto, it's especially with

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Bitcoin is hold on for dear life. And I think that's a little too myopic because
that's the same thing everyone had in their minds when the.com bubble was

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occurring. Okay, and I was screaming from the rooftops then dump it, get rid of
it, sell it, sell it, sell it. Well, just like anything else. If someone's doing

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well in something, and someone's telling you to do the opposite of what they're
doing in it. Seeing profitability is He's going to win an argument. Obviously,

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not the person that's speaking from a stance of objectivity on I don't have any
skin in the race in this. So I can be on the sidelines and be very objective

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about it. And I don't have the emotions wrapped up in whether or not my money is
going up and down in the fluctuations that occur. So, again, I don't cheerlead

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anything. I don't cheerlead anything in the markets that I'm actually trading
either. So to do those types of things, it's just, it's a hallmark of someone

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that's a novice. And you don't want to be doing anything like that in your own
personal trading. If you find yourself gravitating to these types of

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personalities, all you're really doing is looking for something to agree with
what your hopes and prayers are linked to. And if you're buying these types of

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things, and you're holding on to them for dear life, hoping that they go up, and
then you don't have any kind of meaningful retracements or potential reversals,

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you're just basically trading with blinders on. And just to say, well, it's
worth the risk of You see, climb exponentially in order to lose everything.

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Again, that's a hallmark of a novice, okay? a neophyte, it's not what someone
with a great deal of understanding would allow themselves to be subjected to. So

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looking at Bitcoin, okay, again, go back on Twitter, you'll see these are the
days that we saw the actual thing I outlined, come to fruition. And actually

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keep storyline about on this day here, that I was actually in a grocery store,
and a gentleman, a couple of carts behind me said that he was wanting to put his

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junk food back. He wanted to buy more Bitcoin, he want to say some money. So I'm
thinking myself, This is bad. And the morning, oh, my wife actually sat down

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with me and said, hey, look, you know, do you trade Bitcoin. I said, That's it,
the markets going to talk right now. And I even made a joke about it on Twitter.

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But I meant it absolutely meant it. Because if everyone is actively talking
about something being a good thing, or shows an interest in it, like my wife,

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you know, she's been with her a long time, she has no idea what the charts
telling me or it should be implied by looking at it. But she's telling me about

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Bitcoin, and maybe I should look to buy it. Well, that's the top in the
marketplace. So it really is that simple, folks, when the general population

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that is outside the scope of what we do, we're market technicians, we, we like
to look at prices moving up and down graphs, and charts and all these types of

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things. People that are outside that circle, if they have an opinion about
something, it's probably not a good idea for you to be in it in the same

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direction or position, that would be explained by someone that's not doing this
actively. So again, this is one more evidence as of the things that I talked

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about, you know, I didn't create this, I didn't invent it, it's just common
knowledge. You know, when the shoeshine boys telling you your stock tips, you

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know, stock, it's time to sell. So, in here, we had a run above this old high.
So immediately, I teach that your eye should go down to the left to the down,

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closed candle right before that new run. That's here, right in here. So we have
a down closed candle

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to this down closed candle right before this run above this previous high and
this is an ICT bearish breaker. Okay, and what this does is it highlights a

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specific level, that's three specific levels. It's not a zone, it's not an
ambiguous guestimation of where you should be looking for something, okay? It's

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three specific levels, okay? It's the highest high, the lowest, low, and middle.
Okay? So I go into the mentorship and teach a little bit more refinement with

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that. But for public consumption, there's three specific levels you can use for
the breaker. And it's just that simple. So how we use it is, eventually price

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will go down below this down close candle, which it does on this particular day
right there. When that happens, that sets the tone for the market to be in a

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potential reversal. Now I know it flies in the face of everyone else that wants
to buy these things and hold on hold on. But you still have to pay attention to

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what the charts telling you because it's giving you a an accurate depiction of
what the mindset is of traders. So if they're losing this level here, and

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ultimately they end up losing this one as well, with this run down here. This
drop down puts me in an idea that Okay, we're probably not going to be going

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higher. And you hear me talk about that in the January 4 recording. In fact,
there's another video where it's titled ICT on Bitcoin, actually go into greater

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detail why I don't think it's going to go up. I think it's going down a little
bit lower. I give you some specific things and why I think that but from a short

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term perspective, and here it is, you know, we're right on the heels of the
holiday laze around Christmas and New Year being the eighth of January 2018, the

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market still has a lot of ironing out to do. So I allow these first couple weeks
of the of the new year to trade. And I don't really hold hard and fast to an

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idea that pushes me into trading with live funds, because I don't trust the
technicals. But it doesn't change the fact that we still have to pay attention

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to them. And I want to be engaged in price action throughout this time period,
even though not actively in the marketplace taking on risk. So having these

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ideas in mind, I go through the process of tracking with prices dealing is it's
showing me consistency around that theme of this being a breaker. Okay? So I'm

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going to come over here and draw this out as a box. Okay. And this is the part
that people when they first come in contact with me, okay, or they get ticked

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off, and they want to find some kind of a way of attack. They'll say, ICT
teaches supply and demand. And I'm going to show you today, why that's nonsense.

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Okay, so here we have a range based on the high of this candle, and the low of
this candle. Okay. Inside that range, there's three specific. Well, price

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levels, it's the lowest low, the highest high, and in the middle point of that
range, which I deem the mean threshold or the middle, okay, or 50%, if you want

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to call it that, draw a Fibonacci, put a fib level 50, drop a fib on the high to
the low. And wherever that 50 level is draw that out in time. Okay. I'm going to

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spare you that because I want to get to the chart clean. But if you look at that
range, just from a standpoint of the high in the low, what price levels are

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there? Well, you're just about 16,000 level. And you get 16 fy 17,017, five, and
just fell short of 18,000. So we don't really want to see price trade above this

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high because if it's a breaker, it's going to hold price below this range, if
ever trades back up to it now. and here we can see it trades up to this level in

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this range starts to sell off again. And I shouldn't move that starts to sell
off.

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Okay, but it doesn't go below this low here. Price then rallies above here. When
I was neutral, I was not bullish. I said that I didn't see any real accumulation

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in here. Price did sweep above this high, which will be resting by stops on
anyone, anyone that's short here. They come up knock those individuals out. But

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that stopped around here. But I said it would need to go above 75. Now the
reason why I said it would need to go above 75 for me to be bullish, is because

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we would be so close to the 18,000 level to trade the 18,000 would really
dismiss this whole bearish breaker idea. And then we probably would be looking

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to go higher. And I still maintain that same consensus here that if it trades
back up above 17,500. And what do I mean by that? Not just trade through

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intraday and come back down? That's not what I'm talking about. He needs to
trade above it. Close. Okay, on a daily on a daily basis, we have a daily close

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above 17. Five, then and only then would I be looking in considering any type of
bullish scenario and waiting for it to run above two to 20,000 Mark, but as it

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is right now, I don't see that. Okay, so we've had a series of two days of
distribution here on Bitcoin after running these stops the next area of

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liquidity or is basically below here. And then ultimately looking for another
run that maybe would target this level down here. It was swing low that was

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formed right there as well. So I want to drop into an hourly chart for Bitcoin.
Alright, so we're looking at a one hour chart on Bitcoin in that shaded area,

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again, is that bearish daily breaker? Okay, so prices traded above that this is
the old high and it's a dylaney. Stop around here. Okay. And then we have what

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this basically the same scenario unfolding a breakdown in market structure. Mark
comes back up to that old high in here, and sells off. Now there's several

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optimal trade entries in here. There's one. Here's another one. Here's another
one in here. And ultimately, what I asked everyone to follow on Twitter this

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morning, is that identify where Bitcoin was going to be reaching for now I know
if you're watching my stuff the first time now this is gonna seem like all

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hindsight stuff. But again, go back and watch the videos and look at the tweets.
I've already said all this stuff beforehand. Okay, the idea that we look for

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distribution right away anyone that's been studying my material, if we're under
distribution or for looking for selling, okay, what is going to be the mechanics

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behind that? It's Going to be a sell model, okay, or an ICT market maker sell
model, your brain should be hardwired to look for consolidations right here, a

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run out of that consolidation, preferably a small little consolidation, and then
one more time run up. And then an area distribution where the market breaks

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down. So it's smart money reversal on here, low risk sell, another optimal trade
entry sell here, sells off, and what's it reach for? Right below the

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consolidation, so we have an area in here. So this is the area of an original
cumulation. Okay, and we have that in the form. And we use that wick right

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there, because that's the lowest point right there. So this is where all the
original consolidation or accumulation for the market maker so model

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to be really trained around. So they've pumped it out of this consolidation, up
above an old high ran all the stops, allow folks that look at this stuff as

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continuation patterns and both bull flags or whatever, and it breaks down. Very
easy selling opportunity here, small one from this high to this low up in here

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optimal trade entry in an area of mitigation. And it sells off, and it reaches
all the way down to the 14,000 level, which is conveniently enough, right down

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to this bullish order block. Now these 123 down close candles, you have to blend
all three of those candles together or would be otherwise a three hour candle.

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Because these candles here represents 60 minutes or one hour. Since they're
consecutive in nature. This is all fractal Okay, price action is always fractal.

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That means what you see here is the same thing as it would be seen as a three
hour basis or one three hour candle. So because the market showed a willingness

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to run hard higher from that price point, leaving this down close series of
three candles, you stop at the top of that candle here this becomes a bullish

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ICT order block. Okay or an ICT bullish order block, they will act like magnets,
okay, they'll draw a price to them when it's coming down or gone lower. price

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goes right down to it hits it beautifully in, we have a little bit of a pop in
here. But the overall setup is done from a short term or day traders

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perspective. Using this model, it's over that that setup is done. Now, it can
create a another area of distribution somewhere in here and it might be coming

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back up to this bearish order block here and then sell off to wash out these
equal lows, which is another area of consolidation, leaving the consolidation

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going back to the original consolidation because this might be an area of re
accumulation from a much larger sell model. And I probably want to some of your

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heads if you're new. But folks have been with me for a while you know exactly
what I'm talking about. This could be the next level at Target below those equal

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lows. Just like we saw this consolidation and it runs up and goes down below it
here. Anyone that went long, okay, and has that hold on for dear life mentality,

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their stops gonna be resting right below that. That's exactly where they went
right here to tag those individuals out. They never saw profit, they saw a paper

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profit where it was looking like it was going to Okay, we're finally gonna go to
20,000. And let's retweet everybody has that same opinion, that's cheerlead it

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up. And ultimately, the price is going to go where it's going to go. Regardless
of how many times you do a retweet, or high five, the next guy that believes

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it's going to go to 20,000 Today, okay, it goes right to where the liquidity is.
So crypto is in no way different than what I've always taught about all the

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asset classes. It's all about the orders. The orders are what makes or breaks
profitability. The orders below old lows in the right context, when you're

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bearish. That's where price is going. Okay, when prices bullish, the orders are
resting above an old high, when the context is bullish, that's exactly where

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price is gonna gravitate to. It's about those orders. It has nothing to do with
your technical patterns. It has nothing to do with animal harmonics. It doesn't

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have anything to do with ladders, or depth of market, it has none of those
things, because they're all gimmicks. All you need to know is the open high, low

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and close in a certain phenomenon. It takes place around a very generic, small
group of concepts that I teach. So it gives you a framework and if you don't see

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the framework in price action, you don't do anything. So that gives you clarity,
and how's that prologic you know what you're looking for? And if it's not there,

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do you do anything? No, you turn the charts off and you go somewhere else and
you spend your time doing something, you know, other than waiting for something

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that's probably not going to form. So we seen a really nice market maker sell
model here on Bitcoin on a 60 minute basis. Again, I did not have the

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participation on this run up and I actually said this on Twitter that I was
neutral on on Bitcoin. I didn't see it as accumulation, and we can see why it

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was overall

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in an area of distribution. So this one's done, we're going to watch and see if
we're getting runs below that 13,000. Mark. If it does, it might accelerate on

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the downside and try to challenge that 12,000 level again. But for now, I
wouldn't touch it. So let's go over to ripple, which is another crypto, that

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some of the guys are really cheerleading on Twitter, and retweet, and everybody
that loves this one. Again, I will count you to go back and look at my tweets

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and look at the video because I give you this level. And I tell you, it's going
down here, okay? Again, you can argue and wrestle with whether you like me, as a

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person, I don't care, okay, I teach this stuff that works. If you don't believe
me, go through everything and try to dismiss everything that's been shown

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beforehand. Okay. I gave $3 Mark, and specifically $3.30 was a level I tweeted
in chart form. And I said as it hit $3, I would be out of any Long's 80% of

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whatever I would have long and I don't trade these for disclosure sake, I do not
trade them, I don't even demo trade them. Okay, I'm actively studying them.

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Because I have a large body of audience that use this information, I give out
debt, I teach my way of forex and futures and other asset classes. They've been

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using it in crypto. So I have been really interested to see how much of an
influence my concepts have had on other traders and students. And I can see why

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they're excited again. So I've said this many times, and other ones like a
broken record. But it is a very fascinating for me as an author for most of the

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stuff that you're already using. It's very, very interesting to see it. But I
mentioned in in tweet, you go back and look at that, I would be out 80% or

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whatever Long's I would have at that $3 mark. And then the next level was $3.30.
Now I did have some levels above here, okay. But if I give you a level and

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plying, that, the way we practice, if it hits a level, you got to pay yourself,
how much do you pay yourself, that's all going to be a unique and personal

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thing. Okay, I don't have a system that says, I'm always going to take this much
at at this much of a move. It's whatever I feel at the time. And admittedly,

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this is one of the weakest things I have in my trading it because I have not
really been satisfied with coming up with a method that is black and white,

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where it's binary, it's distance that or this or that. It just comes by, you
know, experience. And I may never get to the point where I get like that. But

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I've encouraged my students to come up with a way where they can do that. And it
may be something that I learned from, but that's the only Avenue i think i have

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for new learning and trading. Everything else I learned is about myself. But
from from a price action standpoint, there's nothing new under the sun for me, I

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don't there's nothing out there that is going to show me something new I haven't
seen before. Okay. I have a lot of things have been taught other people, lots of

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things have been taught. But as far as me learning something new that that
doesn't happen. I learned more about myself and my reactions or my expectations

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about something more so than I learned about price action itself. So

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if I'm saying to myself and making it public knowledge at 80%, I'd be out of my
lungs here, and it trades to the next level, how much would be reasonable to

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come off at that point? Well, if you only have 20% of a original long position,
what would you take off there half that would leave you what 10% one that you

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would have potentially 10% get stopped out at some point but you profited 90% of
your original position, all the way through up to $3.30 when everyone else was

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tweeting, cheerleading on that it's going to go to $5 you get ready to buy your
Lamborghini. I'm telling everybody look, there's no justification for that. And

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this is where it's at. It's done. We broke down we have a bearish breaker in
here. And you have to be mindful that and it's in video Okay, it's time and date

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stamp got can't change it. It's in the YouTube server and it's in Twitter's
whatever you want to call it their server. It's, it's there, I can't manipulate

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it. So I said these things beforehand. I wasn't ambiguous about it. I didn't
waffle about it. I said it wasn't going higher. Okay, and I gave you levels to

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watch for new setups to form to study it going lower. Okay, I mentioned this
bearish order block in here. Okay, that would be one. And I said you want to

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watch around that $3 Mark, because it's going to probably give you another
opportunity for distribution. It did that very thing here. And we sold off and

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we went down to $2.40 where everyone else was looking at this low here saying
it's going to go down there and it's going to start to pop Okay, we're calling a

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bounce. It was a dead cat bounce. Okay, it bounced right up to a level I said it
was gonna miss sell and it sold off right there. went down to my level $2.40 and

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then ultimately went consolidated. Okay, and Then created another opportunity to
do what? That's what I'm talking to you about today. I said in previous

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recordings that $2 was the level I would expect it to go for, which will be
sweeping up this low. Why did I say that low? Because that's where the orders

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were, I told you that was where the orders were, that's exactly where the mark
is going to go. I give you interpretations from a market maker standpoint, I

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don't teach retail, I don't cherry pick from different mentors and people and
try to create some content unique new thing. I'm telling you how an

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institutional mindset would interpret price action. And I bridge that gap with a
chart and I show you exactly where they're going to take it. And it happens

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every single week, every single month, every single day. I'm giving you example,
after example, either I'm the luckiest son of a bitch on the planet, or there's

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something that I'm talking about that has validity. And again, the people that
want to wrestle with this stuff, I want to shake him by the lapels and like to

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just stop and just pay attention. Okay, just pay attention to what I'm teaching
you because you're being stubborn. And you want to have this team mentality,

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because you like someone or you've thought you probably paid for something for
someone else, and you feel like a fool because you're doing that and they're not

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doing what you're seeing here. And I'm doing my stuff for free right now. I'm
showing you on a all risk of my saving face. Okay, I'm out here openly telling

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you what I think's going to happen. If I'm wrong, you'll see that I'm wrong. How
many times is that occurring? It's not having a lot. It's going to script

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because I understand how prices delivered period that the level experienced that
is lacking in Twitter. There's a lot of people out there, I think that are

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pretty decent individuals that are very worthwhile in terms of following and
listening to some of the things they're doing. In fact, it's very interesting to

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see what they're doing. But there isn't a lot of experience in the sense that
they know what they're doing. They're still experiencing new learning. I'm not,

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I'm not doing those types of things. And yes, it sounds egotistical, but this is
what the experience sounds like, you know, when everyone else around you has

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less experience. It's hard not to sound egotistical, because how else would I
draw contrast to it? I'm superior because I've been doing it longer. That's the

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only thing. It's not because I wear a different style of clothing or drive a
better car or live in a better home. It's because I've been doing it longer.

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That's all I'm trying to distinguish. Okay, so I would put more faith behind
someone who has done something much longer than someone that has been right a

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few times recently. And you really can't substantiate what they've said, based
on what they actually do. Okay, so now just leave that for you to determine what

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you want to see value in. But I drew everyone's attention to this low back here
in video. Okay. Look at it, you'll see it's there. It's in. It's in YouTube. So

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my YouTube channel.

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Okay, so I drew everyone's attention to that level right there. That's where the
orders are. What orders that's where everyone's protective cell stop is for the

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hold on for dear lifers. Now, anyone that bought down here, what did they make?
zip, because they just got knocked out down here, right there, they got to they

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get taken out. So they may be on Twitter, preaching and hard and heavy
cheerleading. So we're gonna pump out and retweet and everybody that's in love

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with ripple, it's going to be the next thing it's going to, it's going to that
it might be, but it's still going to take you out of the moves before that all

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would take place. And that's what I'm trying to teach people to observe, you
need to see those things. So what led to this move down to the level I called

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for beforehand, $2 Mark, this run back to the three hour mark here. Okay? This
is the same thing as this move here. Price is fractal. Everything you see in one

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timeframe or one scale is replicated in another either in a larger capacity or a
smaller capacity. That means if you see something that occurs in a five minute

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chart, it has been added to it. The same thing can form on a 15 minute chart, a
one hour chart, a three hour chart, a daily chart, a monthly chart, a yearly

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chart, it's all fractal. So when you understand the mechanics of what you're
looking for, not bull flags, because there's really nothing valid about a bull

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flag. Okay? When you look at the interpretation of an ice breaker, there's
something behind it then just simply saying it's a continuation pattern, which

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it's not it's actually a reversal pattern. But the context behind a breaker
pattern is this. You have to have an old high in any time price runs above the

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old high if I'm already suspecting This is probably not going to continue. And
why did I say let me let me go back I'm gonna kind of like fill in this gap and

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proceed on as to what led to this drop off over here. What I see in price How
did I know that $3 is a good idea to take any percent of the Long's off there.

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And in 330, was there, okay, 330, I'm not going to give you a context of what
330 was specifically. But in here, if you're in my mentorship, you'll end up

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seeing charts that show you why that was there. But, and I had not put them up
there. Some mentorship students, don't freak out, say, Well, I don't do that

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chart, I'm going to give it to you, because it's already hit my level. So I'd go
back to that and give you all the details in the dress at all. But the fact is,

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I gave these levels and my interpretation of why it wasn't going higher,
beforehand, okay, and I gave you the reasons why I told you the scenarios,

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what's going to happen, it's going to come down, trade up to $3, and then trade
down to two. That's what you got it right there. So what led to the idea that $3

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and 330 was about it? Well, if you have volume, and I always usually take the
volume off, one on my charts here. But if you have volume bars on here, you plot

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that on your chart. Let me see if I can pull mine up again. Alright, so here we
have the volume back on a chart. And I want you to take a look at how volume

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precedes price. Okay, when I share levels, obviously, people have an issue with
me, because I'm doing way better than they are. They will challenge and say I

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give you a myriad of levels, and then want to come back later on and say I
called this move, I called that move. No, actually, I only talk about the

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specific moves I mentioned. And that's what I'm doing here today. But I give
specific levels, because I want you as my student, assessing mentorship

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students, because they have a greater understanding what's going on. They know
what to look for around these levels. What constitutes a setup, just because I

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have a level in mind doesn't mean there is going to be a trade there, I have to
still wait for something to form. But the levels are there beforehand, to my

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attention is focused at the time price is trading at it. So when trace price is
trading at that $3 Mark, I want you to take a look at what's happened. At this

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time, we've created a new high to the left, we go right back to this price point
right here. Okay, so this this high, and now we have a new, higher high. At that

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time, right here, this candle, we have a reference point on the volume in here.
Now there's going to be all kinds of spikes, and there's gonna be variations of

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all that stuff, okay, but I want you to really use this tool, okay, because I'm
gonna give you something here that has given me a great deal of X ray vision, if

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you will, around key levels already know what level should be key, but when I
see volume, support it and you'll hear me talk about volume. Okay, only the

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folks that watch me do things with commodities. Ever seen me do anything with
volume, but volume precedes price? And what do I mean by that? We have a high

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back here. Okay, a new high. So on this particular day, we have and when is that
the third of January? Okay, so in here, we

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get these crosshairs on this high here, we have this volume bar right here. So
this volume bar, and then we have a new high here, Casey, that. So we have this

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candle represent this volume. And then we have this new candle high. And we have
slightly higher volume there. Now watch what happens when you create a new high.

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Over here. We have all this run up here. But now look what happens. The volume
is way down here. That's way lower than that. Does that indicate new buying? No,

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absolutely not. What about the high appear? Look at that. Is that indicative of
new buying volume should be doing something like this should be going higher?

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It's not to look at the overall scheme of what's going on. We see price action,
going higher, making higher highs. Okay. But in the interpretation of volume,

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that should be seen with higher volume nodes. is that happening? No. This is
distribution. All of this running up is the Long's selling out of their

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position. Not new buying. So when you look back over on Twitter, and you see all
these hot shots, they think they're smart. They're all gonna retire. They're not

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looking at things like this because they don't know what they're doing. They
have no idea what they're doing. They're falling along with the herd mentality.

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cheerleading it on hold on for dear life. We're all gonna laugh at everybody
else later on. Who's laughing now? That's my question of the day who's laughing

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now? Because I'm telling you things that make sense because they exist. Not only
just because I see them today, but they've always been there. Mark makers have

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levels in which they want to allow assets to trade to, not for your benefit, but
for the benefit of them, or clients that are in business with them banks, large

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institutions. So when we trade around key levels, what makes it a key level,
there's several things that I teach around that. But it's not support

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resistance. Because these levels were not even here, when I gave $3 and $3.30,
that has never been traded to buy ripple. But I gave you that specific level and

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it was only off by a penny and a half a half a penny. That's tight. For an asset
class, I don't even trade I said that it wasn't going to go higher. And we have

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a ICT bearish breaker in here, price trades up into that breaker where we have
this down closed candle. We have a bearish breaker in here. So this new high

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that broke above and we get this across here sounds a little bit hard to see
that we have this high here. We have a new hot here trading right to the level I

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call for three hours and 30 cents, when only 80% of the position would still be
on at that time. Why? Because volume has given me the indication that we're go

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we're close to an area distribution. Okay. And then we see the technical
support, it will break down in market structure and then we trade back to the

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breaker here and have one more deeper retracement, I said watch that $3. Mark.
Why because it's going to be a level of value, they want to get out of their

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long position around $3. They're not going to take your long positions off down
here. They're going to drive it up and wait for it to hit $3. And then they can

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get out of what they couldn't get out here on the first time. It's sold here,
they started selling and distributing their their profits here. They rally up,

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they sold some more, came back down up to here, they sold some more here. They
left that level of value and then right back to $3. Again, they sold it and then

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look what happens. The majority of the selling peaks place what's going on
there. any residual Long's that were riding all the way up here. They sold out

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and added new shorts. Now new selling came in? What is how can you? How can you
see that? What what's the interpretation behind that? Well, let's go back to

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volume. All right. Alright, so now we have that same premise. But now we're
going to switch our perspective. Okay. Now what we're going to do is run a

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measure, again, anything that we're seeing going up, we're not looking for that
to be seen as buying. Otherwise, we would see volume increasing. As we see this

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high here, it's been breached with this high here. So between these two
reference points, there should be a higher volume node. Let's go back over here.

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crosshairs, we're gonna put it on this swing high here. So we have this nodule
right here, per volume. Okay, and then we're gonna look at this high here.

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So from this candle, and this note on the volume, and this one. So we had a
higher volume here on this high, and then we had this higher high form with a

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lower volume node. So it's not new buying that's going back up to that breaker
is just being repriced. That's all that is. So when that occurs, we know that

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this is going to be a selling point, which I already gave you before volume even
showed it and before price ever traded there. Wow, it just hit you didn't it? I

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can see ship before happens, folks, whether you like it or not learn to love it
because it's consistent. This is distribution and ICT parish breaker. Now how

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can you measure that from this high as prices dropping, then and only then
should volume start to go higher each time it starts to move lower, we should

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see higher volume nodes from this candle here. prices drop dropping, we took out
these loads here it should be done on high volume. These levels here, here's

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volume. And we have price trading through it on this candle right there.

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We got

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it. Prices driving higher all the volume we went from low volume, the high
volume and bang. large volume node largest one. Now, this is not stopping volume

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as the essay will teach now they'll teach it stuff like that. Okay, but that's
not what that is. It's not stopping shit. It's all it's doing is giving you an

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indication it's going to go lower again, we're going to go to level I call for
where this liquidity is right below this low. So yes, we went back up and we

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consolidate but what do we do what we what were we actually doing in here? Let's
go back. Okay, so let's go over here and get the crosshairs off. We have this

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low here. And we went back up into a range what range are we looking at? We have
another breaker this big down closed candle is the ICT bearish breaker for this

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run on this swing high. So this run on the stops our eyes go right to here.
Okay, so now we're gonna do that same thing we did earlier drawing a box which

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looks like everyone else supplying the moon, but it's not supplying the man.
This is technicals from an institutional perspective reading the market from how

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liquidity as seen, okay, I'm trying to be very careful how I say these things
because I don't want to divulge any mentorship stuff, but we have a bearish ice

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breaker. Price trades up into it. So, so look where it stops it stopping at the
top of that candle. Okay, and then boom hits what level 22 or 2.8 level? Okay,

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so we have that at phenomenon taking place, which I like hits it, and then we
leave it come back up. mitigation sells off. Where's it go to to our mark?

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Everything I say what's going to happen? And look what it does it goes there.
Where's all this volume? where's this going coming from? That's everybody stops

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resting right below there that was not just knocked out. Folks, this was told to
you before it happened. It was told you in nauseum in terms of detail why it was

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going to happen. It's there. So listen to the bullshit if you want, you know,
the guy never gives any trades in advance. He never talks about things before it

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happens. yada yada yada. The shit I'm talking about happens to script. Okay, I
don't see anybody else doing this stuff. Okay, I can tell you what the markets

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going to do, not just in the next move. But what it's going to do as a scenario.
What's going to take the stops out what's going to draw new liquidity in, put

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people on the wrong side. Come on how many times you have to see this stuff
before you dismiss any other any other outside influence. Seriously, I'm here.

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It didn't cost you anything for me at the time to listen. But it's exactly what
I said what's going to happen to many of you are so hopped up on the hot hand

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right now, I'm telling you, I don't have a hot hand, I have a steady hand. Okay,
I don't want to be hot once in a while. I want to be steady Eddie, I want to be

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the guy that knows what's going to happen most likely, and I only want to
execute them. And that's it. We see here over and over and over again. In an

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asset class I don't even trade with live money with this is stuff that I'm just
studying just like everyone else is okay. But I'm not out here cheerleading and

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saying ripples going to the moon ripples going to $5 I'm going to cash out
everything. That's not what I'm doing, folks. I'm telling you what's going on

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behind the scenes, why it's going to happen. And it's there. It's not a guess.
It's not gambling. Here's the science behind what I said and why it took place.

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Go back and look at it. It's there. It's documented. I didn't have 15 different
things that could happen. I can go back later on. I gave very specific

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scenarios. Exactly why should take place. And it happened. And it does this all
the time, every single week. This is what happens on a forex setup where we know

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that certain parameters are there, certain things are going to take place and we
stock that all I did was it gave me what I would have done if this was a forex

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pair. That's

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how it works.

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So speaking of forex, let's go over to forex. I'm gonna talk about something I
did on non farm payroll. Alright, so here's that demo account. Again, always,

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every time I show this, make sure you keep track of that number up here, because
that number is not going to change. Okay, I'm going to show you accountability.

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The thing that's lacking I'm not using half a dozen demo accounts, I'm going to
use one that we can see what we can do with just one and using proper risk

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management and money management approaches. So let's go over I'm gonna show you
a video I did last Friday, and I look at the time. Okay, this is recorded and

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made beforehand, but it didn't trade to the level I called for in the video, but
it did today. Right so you can see the time and the date when this was made.

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This is all new york time. Okay. And the reason why I didn't post it because I
wanted to see if we could get down to it today. It doesn't make a difference.

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And you'll see why it wasn't really shared. Because the part about the
eurodollar was already shared on social media through Twitter. But I want to

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show you what was not seen from the cable standpoint and what we ended up seeing
as a later result. So I'm going to go to this video here. I'll just play it.

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Again this not to show the disclaimers, folks, I apologize for that. But it is
what it is.

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to notice that I'm doing this On Friday

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and this isn't that this is how I practice non farm payroll.

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Now watch out price starts to run higher. Okay.

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So I'm going to frame two potential scenarios for you here. Either one would
have been fine, but it's not fine payable, so it's practice only.

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So measuring the PIP spread between entry to 30 pips above that would be

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this is the one we shared on public on Twitter.

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You want to look at Twitter and I shared that chart as well.

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That's what we're seeing here. So I'm going to outline a short

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so there's two scenarios or setups here. One was the bearish order block with a
stop at 3599. And now I'm going to show you turtle soup which is the run above

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the initial highlight day, which is the characteristic of non farm payroll. Run
the stops.

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To have to wait for price get back above that initial high Tring, preferably
above 3580.

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Again, notice the time down in the lower right hand corner when this is
occurring. It's just a few minutes shortly after non farm payroll numbers have

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been released.

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Public numbers as a smokescreen to run out liquidity, and referring to
employment numbers there.

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Now middlee, I guess you're here. I thought that we could get that 3520 level
last Friday, but you'll see how I managed that. It didn't happen that day. But

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we did get it eventually today, as on Monday, the eighth of January to number
about the initial highlight day. So watch what I start outlining in here. The

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tricky one, the institutional 3580 level. So I'll map out my perspective on what
I think might be seen in price as a result of this

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in prices above the initial tie today,

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basic evidence, which tells me that we might maybe punch a little bit higher,
but it's going to be limited in scope. So it isn't going to be like a run to 36

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big figure. So I want to be selling above that initial high today and No, I'll
be really close to the Hi Mike right about now. Which also

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notice that the idea

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that's where the stop is for the bearish order block. Now I'm going to give you
a setup for turtle soup

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836 Friday, January 5.

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If it were like it was not included, please be sure. Okay. Now watch how much
price moves against this idea or outline.

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The high on that candle is 3582. Once

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again, highs 3582 right now.

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That's a joke Kevin hooks and

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typically on the sidelines so Tuesday Once again

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pay attention to this

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so with that said I would like to take profits at that level admin at that
equilibrium price point. As you'll see later on as I make reference to that

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now eventually I would be speeding this recording up as you'll see. Got to start
it used for the bears were black will be the same with the turtle soup here.

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3599. Very, very tight stops

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up. Okay, we're coming up close to time I'll start recording this at a higher
rate of speed.

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So that way you guys know what I'm doing.

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Alright, it should be going a little bit faster now. So while I said at the time
when I was recording on Friday, or that night hasn't started yet, it should in a

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minute or two, I'm actually going to dub over that now with commentary that
would otherwise not be there because it's not being recorded. It's being sped

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up. Like now. Now we're going like 5000 times greater speed. Okay, so at the
time I gave that entry at that red level, okay, trading around that 3580 level

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institutional level, I want you to see how much of a heat is put on this
position. Okay, and also watch how many times we get a reaction off of that

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bearish order block, which is the lower level line right in here. Okay. So this
wants that. So we have a run down. And I'm going to come in and give commentary

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about taking profits there. Because I mentioned the idea of equilibrium. It
could be a consolidation day gives us Friday's non farm payroll, we ran out to

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buy stops, so it may ultimately reach for that low, but it may not do it Friday.
So I want to come back in and give insights and why and taking profits.

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This is a paper trade is not live. And this is all practices is what I do with
non farm payroll Fridays.

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It'll be 30 pips will be pocketed, says he experienced.

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Which is also another reason why I would like to take profits there.

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No pay attention. That part just said to the spacing mentioned was because the
probabilities are so high that will go consolidate or sideways, I may not see

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01:03:53,790 --> 01:04:03,720
that 3520 level hits. So I want to take the bulk of 75% 80% of the short
position on today's outline, here's a paper trade, it's beneficial to take a big

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large portion off at equilibrium of the daily range because it may not go
outside of the range is already defined at this time. So having that mindset,

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okay, the market makers made keep it so narrow once they run the stops to hold
over into the new week. And I may be entirely wrong, it could go screaming above

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136 big figure which would stop me out anyway. Or eventually trade down below
that 135 20 level did knock out those stops.

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Ultimately, what you'll end up seeing is the market comes back up to that
bearish order block and does eventually trade a little bit higher which would

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have either stopped me out or as you'll see in the video, it comes to 11 o'clock
in the morning, New York time, which is the London close kills and where it's In

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01:05:00,450 --> 01:05:10,500
a trade, I want to be collapsing any open positions as a day trade and move to
the sidelines. So just watch that in the lower right hand corner. We're at

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10:30am at the time on Friday of last week, non farm payroll. And you can see
that the markets really showing no willingness to want to go lower, having all

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characteristics lending well to consolidation, or it could just gravitate
towards my stop. So I'm watching it's a couple minutes before 11 o'clock in the

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01:05:31,950 --> 01:05:41,730
morning, again, I would be in a position where 80% 75 to 8575 to 80% of my
position would have been banked. But because it's a paper trade on I'm only

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outlining it in that sense. But here we are, we're getting an idea of the
commentary about taking the position Off

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01:06:13,530 --> 01:06:27,000
you go that would have been another 18 pips there. So the bounce with 20 to 25%
remaining would have seen the about 18 pips gain and the first 80 to 75% saw 30

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01:06:27,000 --> 01:06:39,810
pips and ultimately can see with time it goes back up to a point at which events
you either would have stopped me or shown me no profitability so that's why use

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kill zones ICT kill zones their time references to not kill zones and areas on
price the again you can see that the Hallmark is that it mark to market really

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01:06:52,380 --> 01:07:01,980
didn't do much at all it just consolidate when sideways. Now I want to take you
back over to forex because I want to show you what transpired as a result of

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that euro dollar we outlined here's that run above the equal highs though daily
high it runs for the liquidity not the daily high it's it sells off now. Think

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01:07:14,940 --> 01:07:24,930
what did I just outline in the beginning this video with the cryptocurrencies
bearish ICT breakers? Isn't that what's actually occurring here? It's breaking

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01:07:25,020 --> 01:07:34,530
the short holders with their protective stops right above this retail Candyland
equal highs they are so telling in the marketplace. It's so obvious you can't

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01:07:34,530 --> 01:07:47,220
hide it. So what we do is just run above there's equal highs, or I goes right to
the down close candles. Oh, what is that? Right in here? Let's zoom in. tell you

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01:07:47,220 --> 01:08:06,330
I wish I was this fluid with trading view like a noob. Alright, right there. So
here we have the down close candles right before the run up. So this is an ICT

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01:08:06,330 --> 01:08:14,730
bearish breaker and how we use that as we wait for price to trade down below,
which it does right here on this candle, wait for to trade back up to it and

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01:08:14,730 --> 01:08:21,300
start watching to see if there's distribution when price comes right back up to
the bottom of it. It's it starts us off a little bit. But the overall context

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01:08:21,300 --> 01:08:29,490
has not changed. Where is the market most likely going to reach for it? Well,
what do you see on the left hand on this chart? The opposite of this right here.

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01:08:30,270 --> 01:08:41,850
Okay. And that's the 120 level. Now, it could go to that level. But right above
120 would be what 120 20. So the institutional level I would be aiming for would

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01:08:41,850 --> 01:08:49,080
be 120 20, which is right in here, which is what I was aiming for at the non
farm payroll, you hear that in the video. And right there I tweeted the chart,

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01:08:49,770 --> 01:08:58,710
as it happened as it slammed right into 2020. As I always do like a sniper, I'm
hitting it as I see the levels I call for when it hits it, I'm screencasting at

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01:08:58,710 --> 01:09:05,040
the very moment it does it and immediately tweeting it, I'm not doing it five
hours later, I'm not doing it 60 minutes later where it can be doctored up,

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01:09:05,370 --> 01:09:13,890
everything is done at the moment where no time can be used to manipulate
Photoshop or none of those things. Okay, everything is exactly as it happens

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01:09:13,890 --> 01:09:25,200
when it happens. Once it hits that 120 20 level, we get the run back up into the
bearish breaker here. Then we have the weekend. We have Sunday's opening and we

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have a gap. So it comes back up, fills in the gap runs the buy stuffs that would
be on any short holders. Hello. If they're short, where's their stock gonna be

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01:09:33,600 --> 01:09:43,050
right here? That's what you see right here. Bang it hits it inside the breaker.
What's it Dylan it's gonna sell off. There you go. And ultimately, that's where

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we're at. So it runs all these equal lows down here and even runs your liquidity
resting rate below this low as well. Okay. So, again, I said that if you see not

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01:09:54,660 --> 01:10:02,520
on payroll Friday, runs an area like this. What it does is it maintains acts
like a Judas swing for the month. It'll give you the initial run here and give

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01:10:02,520 --> 01:10:11,460
you a nice little price swing, go the other direction and here you go. You got
an opportunity to see approximately 100 pips or so. So a little bit more than

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100 pips all outlined before the fact so you seen it. Now try to dismiss it.
Hopefully you found this video insightful and entertaining or at the very least,

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enough to piss you off. And until next time, I wish you good luck and good