Skip to Content
Version 1.1 by Drunk Monkey on 2020-11-20 17:06
Show last authors
1 1
2 00:00:17,310 ~-~-> 00:00:20,340
3 ICT: Hello, folks, welcome back. So I promised you guys I
4
5 2
6 00:00:20,340 ~-~-> 00:00:23,460
7 would do a video on Thursday so I'm gonna try to do a video
8
9 3
10 00:00:23,490 ~-~-> 00:00:27,510
11 every Tuesday and Thursday. And obviously my mentorship
12
13 4
14 00:00:27,630 ~-~-> 00:00:31,410
15 videos will still be Wednesday midweek and Friday or
16
17 5
18 00:00:31,410 ~-~-> 00:00:35,220
19 whatever weekend they depend upon my personal schedule. So
20
21 6
22 00:00:35,220 ~-~-> 00:00:38,820
23 it's four videos a week. The video I'm showing you here
24
25 7
26 00:00:38,820 ~-~-> 00:00:42,420
27 today is kind of like to reinforce the idea. As I mentioned
28
29 8
30 00:00:42,540 ~-~-> 00:00:47,460
31 in the previous lesson, I was teaching you secrets to volume
32
33 9
34 00:00:48,210 ~-~-> 00:00:54,210
35 and the X ray view of how price provides us an opportunity
36
37 10
38 00:00:54,210 ~-~-> 00:00:58,980
39 pretty much every single trading day and I'm going to show
40
41 11
42 00:00:58,980 ~-~-> 00:01:05,040
43 you the annotations kind of walk you through it. And talk
44
45 12
46 00:01:05,040 ~-~-> 00:01:09,900
47 about a trade I took this morning. And I took a trade here.
48
49 13
50 00:01:10,290 ~-~-> 00:01:14,580
51 I sold short here. And I covered below these lows here. Now,
52
53 14
54 00:01:14,910 ~-~-> 00:01:21,660
55 stop right there. That's what you see everyone else doing on
56
57 15
58 00:01:21,660 ~-~-> 00:01:26,160
59 YouTube. And you're supposed to believe that you're supposed
60
61 16
62 00:01:26,160 ~-~-> 00:01:30,720
63 to believe it. And they're wanting you to give them your
64
65 17
66 00:01:30,720 ~-~-> 00:01:35,130
67 time. Some of them want your money. And they have no
68
69 18
70 00:01:35,310 ~-~-> 00:01:38,970
71 evidence what's so ever that they know what you're talking
72
73 19
74 00:01:38,970 ~-~-> 00:01:43,050
75 about. So you can look at this chart and saying, Oh, yeah,
76
77 20
78 00:01:43,050 ~-~-> 00:01:45,300
79 well, this is one of those optimal trade entries, and it
80
81 21
82 00:01:45,300 ~-~-> 00:01:48,090
83 goes up to this order block here. And it went down to these
84
85 22
86 00:01:48,090 ~-~-> 00:01:50,610
87 relative equal loads. That's what everyone else is doing.
88
89 23
90 00:01:51,780 ~-~-> 00:01:56,460
91 Okay. So, as I promised, I would provide you evidence and
92
93 24
94 00:01:56,460 ~-~-> 00:02:00,720
95 examples of me executing and I'm using the medium that
96
97 25
98 00:02:00,720 ~-~-> 00:02:06,000
99 everyone else is using now, because mt four is a joke. It's
100
101 26
102 00:02:06,000 ~-~-> 00:02:09,540
103 manipulated, you can scam everybody with it. I personally
104
105 27
106 00:02:09,540 ~-~-> 00:02:11,820
107 don't have an MT four server, but people in the past have
108
109 28
110 00:02:12,060 ~-~-> 00:02:16,260
111 always accused me because of where my entries are, and how I
112
113 29
114 00:02:16,260 ~-~-> 00:02:20,310
115 execute. So now I want you all to look at this, if you think
116
117 30
118 00:02:20,310 ~-~-> 00:02:25,560
119 that tell me how I'm manipulating trading view. Alright, so
120
121 31
122 00:02:25,830 ~-~-> 00:02:30,300
123 I taught you in the last teaching that the market will
124
125 32
126 00:02:30,300 ~-~-> 00:02:34,680
127 respect the previous day's range. And if it's a sell, it's
128
129 33
130 00:02:34,680 ~-~-> 00:02:39,000
131 going to form in the lower 50% of the daily range. Alright,
132
133 34
134 00:02:39,000 ~-~-> 00:02:41,820
135 so there's a lot of things you can do with that information.
136
137 35
138 00:02:42,120 ~-~-> 00:02:45,060
139 But if you couple it with what I taught in my high
140
141 36
142 00:02:45,060 ~-~-> 00:02:48,870
143 probability scalping series on this YouTube for free, and
144
145 37
146 00:02:49,230 ~-~-> 00:02:52,260
147 couple that also with the optimal trade entry, pattern
148
149 38
150 00:02:52,260 ~-~-> 00:02:57,780
151 recognition series, you have a complete system. I do talk
152
153 39
154 00:02:57,780 ~-~-> 00:03:01,080
155 about money management here in this YouTube Channel and that
156
157 40
158 00:03:01,080 ~-~-> 00:03:04,530
159 right there is the final piece of the puzzle. So if you're
160
161 41
162 00:03:04,530 ~-~-> 00:03:08,250
163 looking for a way to find profitability and not invest in
164
165 42
166 00:03:08,250 ~-~-> 00:03:12,300
167 anyone's courses, you can start here at this YouTube
168
169 43
170 00:03:12,300 ~-~-> 00:03:16,620
171 channel. And I'm 100% confident if you put the work into it,
172
173 44
174 00:03:16,950 ~-~-> 00:03:21,090
175 you will find a profitable model using what I taught here
176
177 45
178 00:03:21,090 ~-~-> 00:03:25,830
179 for free. So think about that, folks, I'm giving you
180
181 46
182 00:03:25,830 ~-~-> 00:03:29,190
183 something that is absolutely better than everything else out
184
185 47
186 00:03:29,190 ~-~-> 00:03:35,880
187 there for sale for free. Now watch how it's done. Here's the
188
189 48
190 00:03:35,880 ~-~-> 00:03:39,600
191 annotations I had on the chart. And here is the bearish
192
193 49
194 00:03:39,600 ~-~-> 00:03:44,370
195 order block. Price trades up into it Here comes down, right
196
197 50
198 00:03:44,370 ~-~-> 00:03:49,500
199 back up into the order block again, this high to this low.
200
201 51
202 00:03:49,800 ~-~-> 00:03:58,110
203 That's your optimal trade entry. So it's this high to that
204
205 52
206 00:03:58,110 ~-~-> 00:04:05,160
207 low optimal trade entry. 62% retracement level 70.5 sweet
208
209 53
210 00:04:05,160 ~-~-> 00:04:08,010
211 spot, it starts to break down. So you know you have a
212
213 54
214 00:04:08,010 ~-~-> 00:04:11,190
215 willingness to anticipate lower prices if it retreats back
216
217 55
218 00:04:11,190 ~-~-> 00:04:16,110
219 up into September's low here September 2 daily low rather
220
221 56
222 00:04:16,380 ~-~-> 00:04:19,650
223 September seconds high and low split that range in half.
224
225 57
226 00:04:19,650 ~-~-> 00:04:23,940
227 Here's 50%. So the annotation I have here this is what EPA
228
229 58
230 00:04:23,940 ~-~-> 00:04:27,600
231 does is the interbank price delivery algorithm. If the
232
233 59
234 00:04:27,600 ~-~-> 00:04:31,410
235 limits the expansion to 50% of the previous 24 hour trading
236
237 60
238 00:04:31,410 ~-~-> 00:04:35,190
239 period during London protraction phase optimal short entries
240
241 61
242 00:04:35,190 ~-~-> 00:04:40,350
243 will reside in this dealing range. From this point here,
244
245 62
246 00:04:40,590 ~-~-> 00:04:43,830
247 down to here, you want to be hunting shorts. So you have a
248
249 63
250 00:04:44,100 ~-~-> 00:04:47,310
251 price swing from here to here, it retraces back up in, it
252
253 64
254 00:04:47,310 ~-~-> 00:04:49,860
255 drops back down, and I'm going to take a short rate on this
256
257 65
258 00:04:49,860 ~-~-> 00:04:53,280
259 candle right there. Now you can't really see it because I
260
261 66
262 00:04:53,280 ~-~-> 00:04:56,490
263 don't have the executions showing but I'll put them on now.
264
265 67
266 00:04:59,640 ~-~-> 00:05:03,090
267 And I'll show toggling them on and off, see profit taking
268
269 68
270 00:05:03,090 ~-~-> 00:05:06,150
271 enough stop out on the final portion. And here is the other
272
273 69
274 00:05:06,870 ~-~-> 00:05:10,350
275 entry. Okay on that candle. So it's the low candle and the
276
277 70
278 00:05:10,350 ~-~-> 00:05:13,500
279 high candle entering on. But I'm actually trading on a one
280
281 71
282 00:05:13,500 ~-~-> 00:05:14,580
283 minute chart as you'll see.
284
285 72
286 00:05:16,170 ~-~-> 00:05:19,380
287 So I want you to see what looks like on a five minute.
288
289 73
290 00:05:21,270 ~-~-> 00:05:28,920
291 Here's the five minute chart. Okay, and I'm entering on this
292
293 74
294 00:05:28,920 ~-~-> 00:05:32,190
295 candle and exiting in here. And again, I'll show you that
296
297 75
298 00:05:34,890 ~-~-> 00:05:38,160
299 executions, toggling them on and off. As you can see,
300
301 76
302 00:05:38,160 ~-~-> 00:05:44,250
303 there's no manipulation whatsoever. Okay, I'll leave them on
304
305 77
306 00:05:44,250 ~-~-> 00:05:49,950
307 now and I'm going to drop back in to a one minute chart. She
308
309 78
310 00:05:49,950 ~-~-> 00:05:56,280
311 can respect the entry on this candle here. And that profit
312
313 79
314 00:05:56,280 ~-~-> 00:05:58,680
315 equals here and then I got stopped out on the candle that
316
317 80
318 00:05:59,520 ~-~-> 00:06:04,470
319 shows it Running here. Alright, so that's the details using
320
321 81
322 00:06:04,470 ~-~-> 00:06:06,270
323 information I've already given you freely on this YouTube
324
325 82
326 00:06:06,270 ~-~-> 00:06:08,970
327 channel and in the previous lesson, now I'm going to let you
328
329 83
330 00:06:08,970 ~-~-> 00:06:12,780
331 watch me do the execution from entry to close. Hope you
332
333 84
334 00:06:12,780 ~-~-> 00:06:14,580
335 found this insightful until next time, wish good luck and
336
337 85
338 00:06:14,580 ~-~-> 00:06:22,080
339 good trading. Alright, so here is the live execution and
340
341 86
342 00:06:22,080 ~-~-> 00:06:26,040
343 management, shorting 3 million, it's $300 per Pip. You see
344
345 87
346 00:06:26,040 ~-~-> 00:06:30,030
347 all the confirmations that the orders have now been entered
348
349 88
350 00:06:30,030 ~-~-> 00:06:36,390
351 in 15 pips stop, opens the trade, and I'm targeting the
352
353 89
354 00:06:36,390 ~-~-> 00:06:40,350
355 relative equals. Now later on, I'll move it down a little
356
357 90
358 00:06:40,350 ~-~-> 00:06:43,740
359 bit just in case I get a runner. But you'll watch me execute
360
361 91
362 00:06:44,700 ~-~-> 00:06:53,430
363 neg 80% of the position more than 80% that will be closed
364
365 92
366 00:06:53,460 ~-~-> 00:06:57,750
367 when we trade underneath these relative equal lows, so I'm
368
369 93
370 00:06:57,750 ~-~-> 00:07:02,070
371 already getting a positive come from On one side, and you
372
373 94
374 00:07:02,070 ~-~-> 00:07:05,820
375 might look at that and say, Okay, well, isn't that those
376
377 95
378 00:07:05,820 ~-~-> 00:07:07,770
379 relative equal highs? Aren't you afraid to get stopped out?
380
381 96
382 00:07:07,770 ~-~-> 00:07:10,350
383 No, because we've already went up into the order block once
384
385 97
386 00:07:10,380 ~-~-> 00:07:15,600
387 here. And now this is a reclaimed order block. So this is
388
389 98
390 00:07:15,600 ~-~-> 00:07:20,070
391 actually a London close short. It's not necessarily a New
392
393 99
394 00:07:20,070 ~-~-> 00:07:23,310
395 York session, as I teach it on the YouTube channel and in
396
397 100
398 00:07:23,310 ~-~-> 00:07:26,280
399 its entirety, but it's overlapping with the same premise
400
401 101
402 00:07:26,280 ~-~-> 00:07:31,860
403 because it's most likely going to go lower than it will run
404
405 102
406 00:07:31,860 ~-~-> 00:07:35,190
407 this high here. So I'm targeting here in my mind, and I'm
408
409 103
410 00:07:35,190 ~-~-> 00:07:38,460
411 focusing on the price action over here. I'm not watching the
412
413 104
414 00:07:38,460 ~-~-> 00:07:40,890
415 p&l, even though you guys are probably looking at that
416
417 105
418 00:07:40,890 ~-~-> 00:07:46,590
419 number. And watching how it's moving back and forth. So I
420
421 106
422 00:07:46,590 ~-~-> 00:07:49,050
423 moved down to a one minute chart so you can appreciate the
424
425 107
426 00:07:49,110 ~-~-> 00:07:55,530
427 entry and just ordered my stop loss. So at some point,
428
429 108
430 00:07:55,530 ~-~-> 00:07:58,860
431 you'll see it start to break down and I'll tell you, what we
432
433 109
434 00:07:58,860 ~-~-> 00:08:01,050
435 can do with that when it occurs. I think it's happening
436
437 110
438 00:08:01,050 ~-~-> 00:08:07,950
439 right now. Now there's an order block right in here that
440
441 111
442 00:08:07,950 ~-~-> 00:08:11,040
443 it's going to go back up into and hit it. And then you'll
444
445 112
446 00:08:11,040 ~-~-> 00:08:14,100
447 see a heavy sell off like right now, it's creating a sell
448
449 113
450 00:08:14,100 ~-~-> 00:08:17,400
451 off. But you can be a seller up in here again, if it goes up
452
453 114
454 00:08:17,400 ~-~-> 00:08:17,910
455 into it.
456
457 115
458 00:08:24,029 ~-~-> 00:08:26,519
459 That would be a short short right there as well that's a,
460
461 116
462 00:08:26,549 ~-~-> 00:08:30,839
463 that's a scalp entry. And you could look for it to run below
464
465 117
466 00:08:30,839 ~-~-> 00:08:34,319
467 this low here, and then below these here, so even if I
468
469 118
470 00:08:34,319 ~-~-> 00:08:37,739
471 wouldn't have gotten in at this point, I could be a seller
472
473 119
474 00:08:37,739 ~-~-> 00:08:38,219
475 here.
476
477 120
478 00:08:43,230 ~-~-> 00:08:46,710
479 And when it starts to break down, I'm watching price to see
480
481 121
482 00:08:46,710 ~-~-> 00:08:52,500
483 if it wants to give me a fast run into those relatively cool
484
485 122
486 00:08:52,500 ~-~-> 00:08:55,770
487 lows or if it's taking time, like I'm looking at that thing,
488
489 123
490 00:08:55,770 ~-~-> 00:08:58,620
491 okay, now, that's what I want to see lower my stop. So now
492
493 124
494 00:08:58,620 ~-~-> 00:09:01,200
495 I'm at a point where if The market runs higher.
496
497 125
498 00:09:01,770 ~-~-> 00:09:04,890
499 Theoretically, I'm not going to take a loss, but it can
500
501 126
502 00:09:04,890 ~-~-> 00:09:09,300
503 still gap up there, you know, and that would be a problem.
504
505 127
506 00:09:10,920 ~-~-> 00:09:13,890
507 But stocks are there for our protection as much as we can
508
509 128
510 00:09:13,890 ~-~-> 00:09:17,190
511 get. Now it's approaching these relative equal lows over
512
513 129
514 00:09:17,190 ~-~-> 00:09:21,840
515 here, and I'll pull up the partial close I'm closing 2.8
516
517 130
518 00:09:21,840 ~-~-> 00:09:26,340
519 million, or $208 per Pip, so it'll remain with $20 per PIP
520
521 131
522 00:09:26,340 ~-~-> 00:09:30,720
523 one. And I closed it as we went below the lows here, you can
524
525 132
526 00:09:30,720 ~-~-> 00:09:34,620
527 see that execution arrow and I lowered my stop down
528
529 133
530 00:09:34,620 ~-~-> 00:09:37,320
531 aggressively because if it goes back up into this area here,
532
533 134
534 00:09:37,680 ~-~-> 00:09:39,870
535 and back above this low I'm not interested in being in the
536
537 135
538 00:09:39,870 ~-~-> 00:09:42,030
539 short and it stops me out there.
540
541 136
542 00:09:47,430 ~-~-> 00:09:50,310
543 And now I'm going to show you a better perspective. You can
544
545 137
546 00:09:50,310 ~-~-> 00:09:54,270
547 see the actual high and the low. They operated in now here's
548
549 138
550 00:09:54,270 ~-~-> 00:09:57,660
551 the executions. So I'm going to toggle them on and off after
552
553 139
554 00:09:57,660 ~-~-> 00:10:02,190
555 showing you where they are on the chart. So there's really
556
557 140
558 00:10:02,190 ~-~-> 00:10:06,690
559 are no hind sight trickery. And you'll see them toggle on
560
561 141
562 00:10:06,690 ~-~-> 00:10:12,030
563 and off as I put them on for trading view. So I do this just
564
565 142
566 00:10:12,030 ~-~-> 00:10:15,480
567 to prove execution and understanding what I'm looking at and
568
569 143
570 00:10:15,480 ~-~-> 00:10:16,290
571 how I teach it.
572
573 144
574 00:10:21,330 ~-~-> 00:10:24,570
575 Okay, and I'm gonna add the annotations back on, as you see
576
577 145
578 00:10:25,500 ~-~-> 00:10:28,170
579 in the beginning of the video. They were there the whole
580
581 146
582 00:10:28,170 ~-~-> 00:10:34,860
583 time. Hopefully you found this insightful. And I'll try to
584
585 147
586 00:10:34,860 ~-~-> 00:10:39,480
587 give you more examples in the future. But this is what I'd
588
589 148
590 00:10:39,480 ~-~-> 00:10:42,960
591 like to see more of on YouTube, not people coming online,
592
593 149
594 00:10:42,960 ~-~-> 00:10:45,510
595 just saying I took a trade here and then you're supposed to
596
597 150
598 00:10:45,510 ~-~-> 00:10:50,370
599 take their word for it. It just doesn't seem right. So I'll
600
601 151
602 00:10:50,370 ~-~-> 00:10:52,320
603 talk to you next time. I wish you good luck and good
604
605 152
606 00:10:52,320 ~-~-> 00:10:52,710
607 trading.