ICT YT - 2020-09-03 - ICT Forex Price Action Lesson - GbpUsd London Close Short.srt

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ICT: Hello, folks, welcome back. So I promised you guys I

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would do a video on Thursday so I'm gonna try to do a video

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every Tuesday and Thursday. And obviously my mentorship

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videos will still be Wednesday midweek and Friday or

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whatever weekend they depend upon my personal schedule. So

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it's four videos a week. The video I'm showing you here

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today is kind of like to reinforce the idea. As I mentioned

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in the previous lesson, I was teaching you secrets to volume

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and the X ray view of how price provides us an opportunity

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pretty much every single trading day and I'm going to show

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you the annotations kind of walk you through it. And talk

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about a trade I took this morning. And I took a trade here.

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I sold short here. And I covered below these lows here. Now,

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stop right there. That's what you see everyone else doing on

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YouTube. And you're supposed to believe that you're supposed

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to believe it. And they're wanting you to give them your

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time. Some of them want your money. And they have no

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evidence what's so ever that they know what you're talking

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about. So you can look at this chart and saying, Oh, yeah,

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well, this is one of those optimal trade entries, and it

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goes up to this order block here. And it went down to these

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relative equal loads. That's what everyone else is doing.

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Okay. So, as I promised, I would provide you evidence and

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examples of me executing and I'm using the medium that

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everyone else is using now, because mt four is a joke. It's

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manipulated, you can scam everybody with it. I personally

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don't have an MT four server, but people in the past have

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always accused me because of where my entries are, and how I

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execute. So now I want you all to look at this, if you think

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that tell me how I'm manipulating trading view. Alright, so

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I taught you in the last teaching that the market will

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respect the previous day's range. And if it's a sell, it's

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going to form in the lower 50% of the daily range. Alright,

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so there's a lot of things you can do with that information.

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But if you couple it with what I taught in my high

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probability scalping series on this YouTube for free, and

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couple that also with the optimal trade entry, pattern

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recognition series, you have a complete system. I do talk

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about money management here in this YouTube Channel and that

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right there is the final piece of the puzzle. So if you're

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looking for a way to find profitability and not invest in

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anyone's courses, you can start here at this YouTube

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channel. And I'm 100% confident if you put the work into it,

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you will find a profitable model using what I taught here

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for free. So think about that, folks, I'm giving you

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something that is absolutely better than everything else out

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there for sale for free. Now watch how it's done. Here's the

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annotations I had on the chart. And here is the bearish

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order block. Price trades up into it Here comes down, right

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back up into the order block again, this high to this low.

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That's your optimal trade entry. So it's this high to that

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low optimal trade entry. 62% retracement level 70.5 sweet

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spot, it starts to break down. So you know you have a

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willingness to anticipate lower prices if it retreats back

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up into September's low here September 2 daily low rather

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September seconds high and low split that range in half.

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Here's 50%. So the annotation I have here this is what EPA

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does is the interbank price delivery algorithm. If the

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limits the expansion to 50% of the previous 24 hour trading

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period during London protraction phase optimal short entries

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will reside in this dealing range. From this point here,

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down to here, you want to be hunting shorts. So you have a

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price swing from here to here, it retraces back up in, it

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drops back down, and I'm going to take a short rate on this

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candle right there. Now you can't really see it because I

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don't have the executions showing but I'll put them on now.

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And I'll show toggling them on and off, see profit taking

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enough stop out on the final portion. And here is the other

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entry. Okay on that candle. So it's the low candle and the

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high candle entering on. But I'm actually trading on a one

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minute chart as you'll see.

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So I want you to see what looks like on a five minute.

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Here's the five minute chart. Okay, and I'm entering on this

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candle and exiting in here. And again, I'll show you that

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executions, toggling them on and off. As you can see,

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there's no manipulation whatsoever. Okay, I'll leave them on

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now and I'm going to drop back in to a one minute chart. She

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can respect the entry on this candle here. And that profit

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equals here and then I got stopped out on the candle that

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shows it Running here. Alright, so that's the details using

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information I've already given you freely on this YouTube

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channel and in the previous lesson, now I'm going to let you

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watch me do the execution from entry to close. Hope you

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found this insightful until next time, wish good luck and

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good trading. Alright, so here is the live execution and

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management, shorting 3 million, it's $300 per Pip. You see

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all the confirmations that the orders have now been entered

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in 15 pips stop, opens the trade, and I'm targeting the

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relative equals. Now later on, I'll move it down a little

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bit just in case I get a runner. But you'll watch me execute

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neg 80% of the position more than 80% that will be closed

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when we trade underneath these relative equal lows, so I'm

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already getting a positive come from On one side, and you

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might look at that and say, Okay, well, isn't that those

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relative equal highs? Aren't you afraid to get stopped out?

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No, because we've already went up into the order block once

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here. And now this is a reclaimed order block. So this is

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actually a London close short. It's not necessarily a New

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York session, as I teach it on the YouTube channel and in

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its entirety, but it's overlapping with the same premise

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because it's most likely going to go lower than it will run

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this high here. So I'm targeting here in my mind, and I'm

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focusing on the price action over here. I'm not watching the

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p&l, even though you guys are probably looking at that

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number. And watching how it's moving back and forth. So I

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moved down to a one minute chart so you can appreciate the

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entry and just ordered my stop loss. So at some point,

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you'll see it start to break down and I'll tell you, what we

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can do with that when it occurs. I think it's happening

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right now. Now there's an order block right in here that

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it's going to go back up into and hit it. And then you'll

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see a heavy sell off like right now, it's creating a sell

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off. But you can be a seller up in here again, if it goes up

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into it.

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That would be a short short right there as well that's a,

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that's a scalp entry. And you could look for it to run below

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this low here, and then below these here, so even if I

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wouldn't have gotten in at this point, I could be a seller

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here.

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And when it starts to break down, I'm watching price to see

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if it wants to give me a fast run into those relatively cool

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lows or if it's taking time, like I'm looking at that thing,

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okay, now, that's what I want to see lower my stop. So now

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I'm at a point where if The market runs higher.

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Theoretically, I'm not going to take a loss, but it can

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still gap up there, you know, and that would be a problem.

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But stocks are there for our protection as much as we can

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get. Now it's approaching these relative equal lows over

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here, and I'll pull up the partial close I'm closing 2.8

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million, or $208 per Pip, so it'll remain with $20 per PIP

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one. And I closed it as we went below the lows here, you can

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see that execution arrow and I lowered my stop down

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aggressively because if it goes back up into this area here,

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and back above this low I'm not interested in being in the

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short and it stops me out there.

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And now I'm going to show you a better perspective. You can

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see the actual high and the low. They operated in now here's

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the executions. So I'm going to toggle them on and off after

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showing you where they are on the chart. So there's really

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are no hind sight trickery. And you'll see them toggle on

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and off as I put them on for trading view. So I do this just

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to prove execution and understanding what I'm looking at and

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how I teach it.

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Okay, and I'm gonna add the annotations back on, as you see

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in the beginning of the video. They were there the whole

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time. Hopefully you found this insightful. And I'll try to

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give you more examples in the future. But this is what I'd

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like to see more of on YouTube, not people coming online,

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just saying I took a trade here and then you're supposed to

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take their word for it. It just doesn't seem right. So I'll

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talk to you next time. I wish you good luck and good

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trading.