ICT YT - 2018-01-17 - ICT January 17 2018.srt

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ICT: Well, good afternoon, folks. This is a market review for January 17 2018.
Real quick, the dollar index is dealing. Now we were watching for the breakdown

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on this market and one of the CRM below this low. I'm going to show you what
we're anticipating even the highest open or close in this sling, drag it down

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into its lowest open or close right here and gives us a target one level, you
can see that did in fact cause a nice little bounce so far today. Not a terrible

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amount of pips or move. But noteworthy nonetheless. So we're going to take that
off. And you see that notation here. We did sweet through it. Now we're trying

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to most likely reach back up, either retest this low or come back up into these
equal lows here. Okay, so that might be a catalyst. So we'll look for what's to

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close on that 9132. And low on this candle comes in 9138. So we could look
forward to run back up to 9130 to 9135. That could be an area of short term

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resistance and then maybe see another round of selling or how we come back above
this low will be indicative of whether or not we want to see unchallenging of

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this short term high here. Okay. So right now, we're looking for slightly very,
very, very short term bullish dollar. It's only in the form of a retracement,

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I'm not trying to pick the bottom or the low here. But I want to see it try to
get back up into the 9130 to 9135 level ideally, it could hit just a 91 big

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figure and stopped dead in its tracks there but but you trade both 9130 I'm
sorry, 91. Big figure. I'm thinking 9130 is probably where we're going to reach

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for so let's go over to the euro dollar. So the euro dollar we had a target of
or like they'd rather I shared it on Twitter. Let's look for 122 32 and it's

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gone well beyond that. So the equal highs here. Nice little retracement back
into weekly bullish order block. rallied away. Nice big expansion and treated to

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a high today. 2322. Okay, so nice little movement here. 101 pips beyond what I
was looking for, which is typical for daily chart. Let's go into a smaller

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timeframe on an hourly eurodollar. It's a fiber one hour chart. And we have this
low here and an equal low. So we'll be looking for that move here. So for swing

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projection of the see if we get any confluence of this swing with anything.
Alright, so we have an order block and symmetrical price swing around the 2130

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level. So we'll be looking for that as a potential downside objective if
focusing on this bullish order block right there. So that's what we're probably

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going to see maybe. So we'll have this noted. And it's going to use the top of
the block itself, and then just keep that your notes could see as low as 2130.

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But for the sake of the charting is identifying the order block itself, we're
looking at 2146 It looks like to see what the open knows that you're 2147 so

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it's good enough for government work. Okay, so we'll look for that. And man,
nice little rejection about these equal highs right here, price came down, right

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into otherwise be in optimal trade entry. fee what that looks like.

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High super close, lowest open and close right there. Nice little reaction there.
And then we look for, again, confluence of target to overlapping. So we have

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several things overlapping a bullshitter block the swing projection from this
high to this low. We have a nice symmetrical price swing. And now we have target

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to using the statement optimal trade entry. So we'll be looking for that level
here. So 2145 is the objective. Alright, so we're gonna go to cable. All right,

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this one here, I want to go over to daily effects just to pull up my next week.
I'll make you wait for that one. I'll show it to you in a minute. But we saw

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British Pound trade up to a high today of 3943. And, and I was looking for the
market that want to trade below this low today. And I say as long as we stay

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below 138 20, we'll be looking for that. And actually didn't do that actually
broke back above and gave me a small little market structure shift right in

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here. So when this high was broken, I changed gears. Now I know I didn't share
it with you openly on Twitter. But you guys watch by way of my execution, you

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see my entries and such if you go on Twitter, you'll see the the entry points
and all that when I was acting on was a bullhorn block and expansion away from

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that. And using the weekly objective that I talked about several different times
on my YouTube channel and on several instances on Twitter. So let me apply all

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that information. And we'll change the chart and show you what that looks like.
Alright, so we're looking at the British Pound on the 15 minute timeframe. This

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is midnight, New York time. So we have a little bit of Judas swinging here.
Admittedly, I didn't like anything over here to draw off of for a setup, I

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wasn't really looking for anything to go long here. I would rather had it trade
down below the low here and had it done that I would have went long for that.

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But we didn't get it. And it's nothing really in here that's strong enough that
I can zero Wednesday. Okay, that's the level I want. So that's why I was more

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inclined to wait for the trade below that low, I was gonna pick up any sell stop
rate, with the anticipation of running to the 138 65 level now 138 65, it's

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gonna feel like where'd that number come from? Where's that level? What's the
significance for it? Well, it's on a weekly chart. And if we go to daily FX,

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just for a second, here's the old lows back in here. And we're gonna look at
this candle right here. And look at the close, okay, wants to close in here,

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because that's what I'm focusing on the body of that candle 138 66 and a half.
Okay, so 138 66 and a half. If we're coming up to that level, what level we're

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gonna be focusing on 138 6138 65. That's how we run our low levels to
institutional. Alright, so here we are back here. And now, since we had this

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short term high, that I was anticipating really, the market to go lower. And
again, I did not want to fade the higher timeframe momentum. So this move here,

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while I was talking about on Twitter, saying we could probably make this run on
this low here. And removal of here. It's not a trade I was looking to take. And

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it didn't break down. It started to go down a little bit, but then it came back
up and snapped through it. So in here, price rally again. So while I was looking

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for as a retracement back, I wanted to see it come back down in. And I actually
missed an ideal scenario actually get into it a little bit better. So let's use

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it on an expansion basis. We already had a swing low form here. So I'm okay with
so anticipated, at least I run up into that 130 65. So with 138 65 is the draw

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138 50 even would have been really easy to get to. And that's what I was trying
to aim for, for a little bit of a scalp. And we ended up blowing through it a

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lot more. In all this move here. I was not able to participate in any of that. I
missed all that stuff. So the highest expectation I had for today's intraday

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range was 138 50. And I thought overnight, we would probably see something like
this going into London, and maybe even have a little bit higher move trade in

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New York, but we didn't get so nonetheless, I was looking for that expansion

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saw the expansion but ended up getting way more inside of the price action than
I first thought would get in today's daily range. And we can see how the market

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has now responded off of that. So watch in here. Okay, in a nice little rally up
we retrace now. This is the level I want to watch going forward. Now by the time

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you get this video, which is good because I don't want you going on my
commentary as trade advice because it's not meant to do that. It's just to

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stimulate your thinking. So this is a potential order block and here, it could
trade down through the low and then we would have to watch this one here and I

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already know what some of you're thinking well which one do I use Michael in the
mentorship I go over the ones that You'll look for, but I'm giving you free

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tutorial level content here. So just be happy with that. Okay, so in here, this
might get a reaction. And where we look for is we want to see potentially a run

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up into, let's see, we could see the 139 big figure right in here that could be
retested right there. Okay, so that's a nice little level to look for. So if we

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get a bounce in here, you can study this, in hindsight, or if you get to the end
time, is still hanging around down here, you can just pay for trading idea, do

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not put my money on this. Don't, don't do that. Okay, it's not what I'm doing
here, I want you to kind of like, weigh out which one of these levels gives you

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a reaction, neither one of them may even factor in do that, because that's the
nature of things like I got stopped out on my eurodollar trade yesterday, I had

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to go back and do it again. But long short, this may be a catalyst for a little
bit of a bounce up into 39, big figure, what would be nice is the trade up

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through that 138 65 level, come back, find some support there, remember that
weekly, low, and then reach back up in here and hit that 139 day figure, maybe

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even tag 139 10? Just to get through that big figure one more time as a sweep?
And then what we do between? And then price goes, who knows? And that's gonna be

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it for forex. I want to go over to crypto, I promise I'd go over that real
quick. Alright, so we have Bitcoin here. And we traded below the 12,000. Mark.

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And I said, if we got below 12,000, we would trade below 10,000. We did get
below 10,000. Trade a little low of see what that is? That's 9017 thinking, yep.

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9017 was the low on this particular cryptocurrency. And we have a little bit of
a bounce in here. Now, I don't personally feel again, this is from a stance that

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I don't have any skin in the race on this, like so I can be very objective about
my opinion, and why I feel that certain things may not happen because I don't

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have any skin in the race. Okay. And some of you may say, Well, you know,
really, your opinion shouldn't be considered because you're not actively trading

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it in, I guess, in some way, shape or form. I would agree. But I'm just
supplying it because I'm asked for it. But I would say this, because I don't

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have anything in the race. I'm objective about what I see in price. folks that
are you holding on for dear life, they're only going to want to see what

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satisfies that urge to justify being in there holding on to it long enough,
pretty much challenge all of you since the first or second week of December, in

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regards to why I don't think that's actually a good idea. And you can see where
we went to. So I'm not here trying to tell you, I told you so type thing, I just

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think that it's probably beneficial to listen to someone that doesn't have
anything in it to lose. So that way, I really don't. I don't trade it. I don't

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want to trade it in the future either. So I don't have anything really to gain
from it. Except for studying whether or not my materials either in price action

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or it's not. So far I've seen it. And I think I've pretty much illustrated that
to a tee. Do I see it as a buy? Personally, I would if I was trading this type

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of market, I would not be buying it now. But that's not an advertisement for you
to follow me in, in what I would do or wouldn't do. And the same, because I'm

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asked this is what I'm thinking, because I'm actively trading it. And I'm not
telling you what to do with your money. It's just my opinion. So

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do I think it's going to go lower? I think it can. And I think it will
ultimately want to reach down into the 1000 to 5000. Mark. I think we're all so

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mentally where we're going to reach for what's the timeframe for that? I don't
know, I really don't know, at this point, it's already hit the levels that I

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would feel comfortable with trading it. Now it might get really crazy, and it
could have all kinds of spiky moves. And it would be really, you know,

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uncharacteristic for me to be operating in something like that. So at this
moment, I would be on the sidelines and when neither look for the go lower rate

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from here or go higher, I would be neutral. And those instances sometimes occur
in my analysis. And it's, you know, it sounds like well, you should know, well,

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no, you shouldn't know all the time you're not going to so I know when I'm
looking for something. If those elements are not in price action, then I have to

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wait for those things to come to fruition if they don't materialize and there's
nothing I can do. I don't want to be gambling. I don't want to give you advice

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about studying and practicing price action that won't be fruitful for you. Okay,
let's take a look at risk. And we will be done. So let's go here to ripple. And

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here we go. Alright, so we had several levels here, breach on the downside,
identified around below these lows in here, and it basically the 90 level. And

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we had that sweet down to two times. And then now we have a little bit of a pop
in here saying question here, do I think it's going to go higher? No, I don't

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think it would be a buy for you studying in price action. Again, it's not. It's
not civilization for you to go in buying or shorting anything I'm saying, but I

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still see a market maker. So model here. And the way I see it is is we have
consolidation in here. Price has left it come back down into it rallied away, re

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accumulation, smartly reversal, lower sell distribution, redistribution where I
said it was gonna happen. And we're down here in the original consolidation

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again. So I think we're seeing just a rally one more time, just to create
another opportunity to sell off and go down below 60 cents. And I know that

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probably doesn't feel good to hear that. But that's my opinion. Okay, so what's
the timeframe for that? Again, I don't know. But I do not believe that. It's

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something that you should be buying and holding on to for dear life. If it were
me, I wouldn't be doing it. Now. I'm only speaking from the stance of a paper

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trader or a demo traitor, for the purpose of studying price action. So take it
for what it's worth, which is absolutely nothing. Okay. It's not trading advice.

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It's for you, to stimulate you in terms of your decision making and your
studying practices. And hopefully, that's going to be good enough for today. And

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until I talk to you again, I wish you good luck, good trading. Today, I'm trying
to kind of close that window for folks that are looking to sign up. There has

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been a hiccup with all the emails I've been trying to send out because the
platform I used like this continue to ask for a refund for the service I

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explained. And I shared the emails you guys sent me saying the links weren't
working. So they were very helpful in that regard. So I use a different

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services, MailChimp, which I know it sounds funny, but actually seems pretty
easy to use. So that's what I'm using right now to get everyone that's looking

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to get the enrollment done for January, if you can't be a part of the January
enrollment. It's not closing, it's just giving me a window opportunity to get

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these people in the group. And then again, the second week of February, I'll
open up enrollment again, for folks that couldn't get in January. And every

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month we'll do the same way. Same thing, usually like the second week of it each
month, that'll give me an opportunity to get folks that want to come into the

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mentorship, they can join, it just means you'll be one or two months behind
whenever it's you know, your starting point, just that's how far you'll behind

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from everyone else in front of you. Alright, so don't feel like you're being
kept out or locked out or missing the boat. And just trying to do small little,

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there's a lot of you want to come in. And I had a lot of you respond. But
thankfully, only several 100 of you are actually on the list right now that

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might change because you're Johnny come lately waiting to the last minute. But I
want to make sure that everyone is in because tomorrow, I'm actually sending out

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the digital signatures you have to sign when I get those digital signatures back
that you agree to the terms of use, and that refund policy. All of the things

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that go along with the service. Understand that it's teaching price action, it's
not trade advice. We do demo account only. When you agree all that stuff. When I

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get that back in a digital signature, then I respond back to that with the
instructions to send payment to me. Okay, that's the process and how it goes. So

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if let's answer your question, and until I talk to you next time, I wish you
good luck and good trading