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Version 1.1 by Drunk Monkey on 2020-11-20 17:09
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3 ICT: Hi, folks, welcome back, we're gonna continue our
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7 lecture on micro market structure and time and price
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11 concepts. I'm going to build a little bit on your
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15 understanding of my order block theory. So if we are looking
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19 at indices or index futures, specifically, as we refer to
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23 last time we were together, we're looking at the E mini s&p
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27 December contract for 2020. And if you recall, if you have
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31 not watched the previous recording, then please stop this
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35 video and watch the other one. It's not a very long video.
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39 So it helps build a little bit of the foundation, also
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43 referring back to this candle. So we look at price action,
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47 like this is a daily chart, I want you to confer with the
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51 direction where's it been going? Okay, so if we're gonna be
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55 using micro market structure that's like the very, very low
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59 timeframe, intraday charts. There are some out there that
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63 say that there's just noise on these lower timeframe charts.
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67 And if you really take a step back and think about it,
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71 that's actually impossible. It's impossible. Okay for that
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75 to be true, because it's the same price. So the fact that
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79 we're measuring the fluctuations on the basis of a specific
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83 time interval, that's where the confusion comes in. Because
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87 it becomes a question of, what timeframe do I use? Which is,
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91 the better timeframe? Is it a one minute chart, is it a two
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95 minute chart, a seven minute chart a five minute, you know,
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99 you can use any lower timeframe chart you want. But if you
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103 really want to get ultra tight with your entries and stop
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107 loss orders, the five or one minute chart is the best in
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111 terms of doing that, but you have to understand what you're
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115 looking for. Otherwise, you will get burned. Alright, so
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119 I've covered in many videos over the last 10 years dealing
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123 specifically with forex, and teaching some of my concepts
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127 with that asset class. And many of you are familiar with my
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131 time and price theory. I've done videos on that and
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135 tutorials, and it's made its way in many of my lectures. And
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139 you all understand and have been introduced to my ICT order
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143 block theory. So while I mentioned this specific candle last
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147 time, as a bearish order block, and how we can use the low
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151 of that candle, and again, I'm going to count you to look at
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155 this price up here. So the price comes in at 30 to 56 and a
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159 half. Okay, so 30 to 56 and a half, we can use that level
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163 when we're bearish. So the market has been going lower. And
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167 to avoid all of the necessities of trying to pick a bottom
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171 in a bear market, you just simply focus on the upclose
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175 candles. If we get an upclose candle while orderflow is down
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179 or trend or momentum, however you want to refer to it. But
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183 this is how the interbank traders will focus in on key price
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187 levels on the lower timeframe for entry. Now, you're also
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191 going to hear hedge fund managers, bank traders don't use
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195 one minute charts. Well, that's true in a sense, but they're
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199 waiting for something specific on the chart to appear to
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203 initiate their engagement. So I'm gonna teach a little bit
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207 of that, and I introduced it in the last video, but I want
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211 to build on a little bit here and still try to keep the
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215 video short. So we have this level here and we're going to
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219 look at Friday's price action. Now notice Friday's price
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223 action is a nice bullish candle. Now it didn't have a whole
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227 lot of range, but it was respectable. And it did trade
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231 deeper into this upclose candle. It does not matter because
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235 if we're trading micro market structure, what we're
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239 essentially doing is we're trading the intraday volatility,
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243 both directions up and down. But how can you determine which
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247 side of the marketplace has the more likely probability
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251 using order block theory? Well, let's go back down into a
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255 lower timeframe. Okay, so here we have the E mini s&p
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259 December contract for 2020. And we are dialed in on a five
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263 minute chart. Now I want you to take a look at this price
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267 action. Pause the video, study it for a little while and
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271 come up with what you think you see in this price action.
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275 And then when you're ready, unpause the video and I'll
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279 continue to lecture with you
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283 All right. So as you can see price has been meandering
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287 around in here consolidating, and then finally made its way
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291 lower. And then it had a another drop here, a little bit of
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295 a retracement in here. And price had a nice sell off trading
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299 down below the 32 08 level. If we break this down and add
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303 that same daily key level, that's that 30 to 56 and a half.
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307 And then we incorporate the aspects of time. Because price
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311 by itself doesn't mean anything. It's not price and time.
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315 It's time and price. That's how the algorithm operates. It
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319 may sound like arguing semantics. But it's absolutely
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323 crucial that you understand that time is the first factor in
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327 how prices delivered. Once you have a specific window of
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331 time, when the algorithm will operate and run on its macro.
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335 And again, a macro is a shortlist of processes that go in
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339 action for either running to a specific pool of liquidity or
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343 to a period of time where the market was inefficiently
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347 delivered. And therefore rebalancing. There's only two
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351 things that occur in price. It runs to liquidity, either by
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355 side liquidity above old highs, or it runs sellside
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359 liquidity below old lows, or it runs to an area of
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363 inefficiency in the sense that it wants to rebounds. So with
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367 those two ideas in mind, I want you to remember that we were
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371 looking at the EMAS p on the daily chart, I've already
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375 suggested that we should focus on delivery on the downside,
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379 so attacking, so side delivery. So you have to look for
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383 where does sell side liquidity reside? Well, if you're
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387 looking at London open kills him on Friday. And that begins
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391 at two o'clock in the morning and ends at five o'clock in
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395 the morning. Okay, so once we have that period, on our
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399 chart, we're hunting in this area for a specific phone and
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403 on. Now that phenomenon is what I talked about in the last
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407 video, where we have an order block, which you can see the
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411 price trades up to it here. Here, that red line is what I'm
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415 referring to here, here, here here. What's going on there?
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419 Is that resistance? Or is that an algorithm holding price?
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423 At this level? They're accumulating short positions. So now
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427 if we are looking at this area up here, and they're shorting
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431 and again, they collectively are the real smart money, not
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435 Goldman Sachs, not city, there are lower rung entity in the
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439 grand scheme of things. Okay. So if we look at that area
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443 right here, the order blocking itself, if we're using higher
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447 timeframe, you have to wait for price to show its hand. What
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451 does that mean? Does it mean get right in at the order
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455 block? Not if it's a higher timeframe order block? No. So
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459 you wait for time of day now we're in a kill zone. London
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463 wait for price to show wants to go away. In this case lower
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467 because order flow on a daily chart is bearish. So we're
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471 waiting for displacement lower during two o'clock to five
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475 o'clock in the morning. Do you see it? Right here. This
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479 displacement right here. Now right away, some of you that
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483 are familiar with my content would say okay, you have to
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487 look at the upclose candle or candles that are consecutive,
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491 like this one here like 123 that would be your order block
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495 your bearish order block if it trades back up to it once it
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499 trades below it. Well it does it here and then do we get a
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503 little displacement. Yes, it starts to run. This one has
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507 already been used. So as we start to retrace higher rate in
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511 here, that candle is what you would be using for your order
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515 block. So you have this price run here. And then this order
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519 block, what's the low on that candle? You're gonna look at
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523 this price right here. Okay, focus there. The low on that
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527 candle comes in at 3243 even. Okay, 32 43.00 the high on
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531 this candle comes in exactly at 32 43.00
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535 again, folks perfect It's perfect. It's not close, it's
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539 almost made it, it's perfect. It can only happen that way.
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543 If these markets are running on an algorithm. what time of
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547 day would this pattern form if it's running on a program?
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551 Well, a very specific element of time. That's why I teach
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555 them open kills in the New York open kills on the London
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559 close kill zone in the New York, close kill zone, and Asia.
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563 That's how many opportunities exist every single day. You
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567 don't need to be a London open trader, if you can't be up
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571 overnight, and you live in the States, then trade New York,
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575 or trade London close, or New York close, or Asia. But you
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579 don't need to be in London. But now if you want to be a
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583 London trader, and you can use micro market structure
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587 concepts, as I'm teaching in this series here, you want to
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591 be looking for a displacement lower moving away from a
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595 higher timeframe order block, we've already seen the
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599 inability for the price to get above that level, that red
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603 level, it's the order block on the daily chart, price moves
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607 away. We have an order block, we trade up into it. And we
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611 have a very clear, obvious old low, which is so sign
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615 liquidity. So now what we're saying, in essence, is that
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619 we're looking for this area here
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623 to be matched up with this area here. So smart money
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627 operates on there, what I teach is market efficiency
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631 paradigm. That means when you look at the marketplace, when
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635 you as a retail trader look at price, you're looking at
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639 patterns, you're looking at indicators, you're looking for
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643 entry, and not so much on a stop loss because most retail
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647 traders don't want to use a stop loss. They think if it
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651 stops me out, yeah, I'm wrong. Well, you need to have a
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655 shield. You can't just go in here with swinging a sword, you
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659 need to have a defense mechanism. And that is a stop loss.
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663 And that is what real professionals use. They don't trade
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667 with a mental stop and or disregard it entirely. You have to
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671 measure and assume risk if you're trading in these markets,
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675 so it's good to train yourself to believe that what you're
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679 doing is the right thing to do, despite what many other
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683 people on the internet might tell you. So we have smart
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687 money selling short here. We're not looking at patterns.
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691 We're not looking at resistance support. We're not looking
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695 at supply and demand. We're not looking at Elliott Wave,
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699 we're not looking at that stuff. Okay, we're looking at the
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703 paradigm between where smart money would enter and where
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707 would Smart Money look to exit. You may not subscribe to the
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711 quote unquote they or smart money. But just for the sake of
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715 discussion, let's assume that they do exist. I believe they
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719 do. But let's assume that you don't believe it. But this,
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723 you know, just missed all that for a second. If they
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727 existed, and they're selling short up here, okay, they're
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731 selling as people are chasing this higher every time it
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735 makes a little bit of headway above that red line. buyers
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738 00:13:24,420 ~-~-> 00:13:27,600
739 are using as a breakout. They're buying, buying, buying who
740
741 186
742 00:13:27,600 ~-~-> 00:13:30,960
743 is giving them the other side of their buy their long trade,
744
745 187
746 00:13:31,410 ~-~-> 00:13:35,670
747 smart money is selling that to them. So if the Smart Money
748
749 188
750 00:13:35,670 ~-~-> 00:13:39,450
751 is short, where's the ideal scenario for smart money to get
752
753 189
754 00:13:39,450 ~-~-> 00:13:49,890
755 out? a pattern, a harmonic pattern, an Elliott Wave, a
756
757 190
758 00:13:49,890 ~-~-> 00:13:57,000
759 supply and demand zone or the obvious Counterparty to what
760
761 191
762 00:13:57,000 ~-~-> 00:14:00,780
763 they use to enter the position. If they are selling to
764
765 192
766 00:14:00,780 ~-~-> 00:14:05,820
767 buyers up here. They are going to look to pair their order
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769 193
770 00:14:05,850 ~-~-> 00:14:14,340
771 for exiting that short with existing sellers. That's what's
772
773 194
774 00:14:14,340 ~-~-> 00:14:19,170
775 residing below here. Sell stops. So what they're going to do
776
777 195
778 00:14:19,170 ~-~-> 00:14:23,490
779 is they're going to sell short here and look to buy it back
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781 196
782 00:14:23,520 ~-~-> 00:14:26,640
783 from willing sellers at a lower price that are just waiting
784
785 197
786 00:14:26,640 ~-~-> 00:14:30,090
787 to be tagged. So the market efficiency paradigm is this.
788
789 198
790 00:14:30,930 ~-~-> 00:14:36,870
791 Smart Money sells. Them buys it back from retail traders
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793 199
794 00:14:36,870 ~-~-> 00:14:40,590
795 that have sell stops resting below old lows. Everything is
796
797 200
798 00:14:40,590 ~-~-> 00:14:43,200
799 upside down folks. Everything that you think about the
800
801 201
802 00:14:43,200 ~-~-> 00:14:46,440
803 marketplace, everything you think about technical analysis,
804
805 202
806 00:14:46,680 ~-~-> 00:14:51,300
807 it's inverted. And you have to reverse that school of
808
809 203
810 00:14:51,300 ~-~-> 00:14:54,090
811 thought and then everything will start falling into place
812
813 204
814 00:14:54,090 ~-~-> 00:14:58,740
815 but as long as you struggle to defend your retail logic
816
817 205
818 00:14:58,740 ~-~-> 00:15:01,170
819 against people like me You're going to break and I'm going
820
821 206
822 00:15:01,170 ~-~-> 00:15:05,160
823 to be a frustration to you versus a help. Because that's why
824
825 207
826 00:15:05,160 ~-~-> 00:15:08,250
827 I'm doing this. I'm not here to say, look how foolish all of
828
829 208
830 00:15:08,250 ~-~-> 00:15:12,300
831 you are. Because I used to subscribe to this stuff, too. I
832
833 209
834 00:15:12,300 ~-~-> 00:15:17,130
835 want you to test it. Look at it like this. And I promise
836
837 210
838 00:15:17,130 ~-~-> 00:15:21,060
839 you, if you spend one month looking at charts like that, all
840
841 211
842 00:15:21,060 ~-~-> 00:15:25,800
843 the retail stuff starts to feel foolish to consider. And
844
845 212
846 00:15:25,800 ~-~-> 00:15:27,990
847 then when you start looking at how the real professionals,
848
849 213
850 00:15:28,830 ~-~-> 00:15:33,090
851 real professionals, look at price action, everything makes
852
853 214
854 00:15:33,090 ~-~-> 00:15:37,440
855 more sense. It's not just simply, oh, it's a stop hunt. Oh,
856
857 215
858 00:15:37,440 ~-~-> 00:15:40,350
859 it's a support broken term resistance. No, there's a
860
861 216
862 00:15:40,350 ~-~-> 00:15:43,890
863 narrative that's going on. And it's operating on a very
864
865 217
866 00:15:43,890 ~-~-> 00:15:47,460
867 specific element. I told you this level, in the previous
868
869 218
870 00:15:47,460 ~-~-> 00:15:53,670
871 video, it was in your awareness. So we're not predicting a
872
873 219
874 00:15:53,730 ~-~-> 00:15:58,950
875 down close day, we're focusing on micro market structure. I
876
877 220
878 00:15:58,950 ~-~-> 00:16:01,950
879 get thousands of emails asking all the time, how was I doing
880
881 221
882 00:16:01,950 ~-~-> 00:16:04,890
883 those trades buying and selling and buying and selling in
884
885 222
886 00:16:04,890 ~-~-> 00:16:09,960
887 the same day? Well, a lot of it has to do with things I'm
888
889 223
890 00:16:09,960 ~-~-> 00:16:14,790
891 not going to teach. But I will share some things and give
892
893 224
894 00:16:14,790 ~-~-> 00:16:20,160
895 you part of a view where some of the setups were framed on
896
897 225
898 00:16:20,160 ~-~-> 00:16:22,590
899 things like I'm showing you here, but not all of them there.
900
901 226
902 00:16:22,680 ~-~-> 00:16:26,220
903 So and I think it's reasonable everyone out there should
904
905 227
906 00:16:26,220 ~-~-> 00:16:31,890
907 really accept the fact that if someone knows something, and
908
909 228
910 00:16:31,890 ~-~-> 00:16:37,200
911 it's extremely technical, and it's highly sought after,
912
913 229
914 00:16:39,000 ~-~-> 00:16:41,550
915 you're not going to teach everything, okay, you're going to
916
917 230
918 00:16:41,550 ~-~-> 00:16:44,370
919 keep something for yourself and for your family. And I don't
920
921 231
922 00:16:44,370 ~-~-> 00:16:47,940
923 believe that's selfish, because I have spent 10 years
924
925 232
926 00:16:48,660 ~-~-> 00:16:53,760
927 teaching forex, for free. And while I do have a mentorship,
928
929 233
930 00:16:54,660 ~-~-> 00:17:00,270
931 I'm still here doing this for free. So again, take the value
932
933 234
934 00:17:00,270 ~-~-> 00:17:02,610
935 that I'm giving you, and you don't have to like me, but just
936
937 235
938 00:17:02,610 ~-~-> 00:17:04,530
939 look at it. I'm challenging you to look at your charts a
940
941 236
942 00:17:04,530 ~-~-> 00:17:08,190
943 little bit differently. And I promise you will improve, I
944
945 237
946 00:17:08,190 ~-~-> 00:17:14,070
947 promise you, you will improve. Like it's it's a night and
948
949 238
950 00:17:14,070 ~-~-> 00:17:17,760
951 day difference once you see it. But what are we looking for
952
953 239
954 00:17:17,760 ~-~-> 00:17:22,680
955 specifically, we want to see the price move away, but not
956
957 240
958 00:17:22,680 ~-~-> 00:17:27,990
959 just drift away, we want to see it drive hard away, because
960
961 241
962 00:17:27,990 ~-~-> 00:17:32,040
963 what the indicators are telling you is something altogether
964
965 242
966 00:17:32,040 ~-~-> 00:17:35,430
967 different. Whereas if we're reading price prices indicating,
968
969 243
970 00:17:35,460 ~-~-> 00:17:38,850
971 okay, yeah, we're reaching for something. And what we're
972
973 244
974 00:17:38,850 ~-~-> 00:17:41,400
975 reaching for is the liquidity resting below this low.
976
977 245
978 00:17:42,870 ~-~-> 00:17:48,240
979 Remember, the daily chart order flow is bearish. So I'm
980
981 246
982 00:17:48,240 ~-~-> 00:17:51,240
983 going to be looking at key levels and selling short with
984
985 247
986 00:17:51,240 ~-~-> 00:17:54,630
987 intraday volatility. At a time of day, when I know the
988
989 248
990 00:17:54,630 ~-~-> 00:17:58,140
991 algorithm will start really operating and running on its own
992
993 249
994 00:17:58,140 ~-~-> 00:18:01,350
995 macro, that means it's going to be reaching for a
996
997 250
998 00:18:01,350 ~-~-> 00:18:05,160
999 predetermined level that we can clearly see if we understand
1000
1001 251
1002 00:18:05,310 ~-~-> 00:18:08,760
1003 the market efficiency paradigm. That means we look at price
1004
1005 252
1006 00:18:08,760 ~-~-> 00:18:12,570
1007 how smart money looks at price, we don't look at patterns,
1008
1009 253
1010 00:18:12,840 ~-~-> 00:18:15,900
1011 we look on the basis of liquidity, imbalance, rebounds,
1012
1013 254
1014 00:18:15,960 ~-~-> 00:18:19,470
1015 that's it. That's it, there's a two by side liquidity run
1016
1017 255
1018 00:18:19,830 ~-~-> 00:18:24,420
1019 sellside liquidity run or inefficient, run rebalanced or run
1020
1021 256
1022 00:18:24,420 ~-~-> 00:18:28,740
1023 to make inefficient. That's that's the only things you need
1024
1025 257
1026 00:18:28,740 ~-~-> 00:18:32,280
1027 to understand about price. It's not an over simplification,
1028
1029 258
1030 00:18:32,280 ~-~-> 00:18:36,000
1031 obviously. And it's not an over complication. There are four
1032
1033 259
1034 00:18:36,000 ~-~-> 00:18:39,720
1035 specific things, there are four pillars of understanding
1036
1037 260
1038 00:18:39,720 ~-~-> 00:18:45,000
1039 what price is doing. The fifth element is time. That's what
1040
1041 261
1042 00:18:45,000 ~-~-> 00:18:49,470
1043 we're looking at here. So we see price moving away from that
1044
1045 262
1046 00:18:49,470 ~-~-> 00:18:52,470
1047 order block. You don't need to be in at the order block.
1048
1049 263
1050 00:18:53,040 ~-~-> 00:18:54,960
1051 Don't think that you need to do that on a higher timeframe
1052
1053 264
1054 00:18:54,960 ~-~-> 00:18:58,890
1055 level, you just need to see Do we have proof that prices are
1056
1057 265
1058 00:18:58,920 ~-~-> 00:19:02,730
1059 wanting to go lower away from it. And we have that then we
1060
1061 266
1062 00:19:02,730 ~-~-> 00:19:06,330
1063 have consolidation and then we drive lower? first level
1064
1065 267
1066 00:19:06,330 ~-~-> 00:19:08,520
1067 would have been here. So you could be short already there
1068
1069 268
1070 00:19:08,640 ~-~-> 00:19:11,190
1071 and your stop loss would be there. But say you missed it.
1072
1073 269
1074 00:19:12,000 ~-~-> 00:19:15,630
1075 Okay, from this price run here. Where's the order block
1076
1077 270
1078 00:19:15,720 ~-~-> 00:19:22,260
1079 there? So if we look at that, and put a line rate on that
1080
1081 271
1082 00:19:22,260 ~-~-> 00:19:35,910
1083 low right there. The high 30 to 43. The low 30 to 43 perfect
1084
1085 272
1086 00:19:35,940 ~-~-> 00:19:40,470
1087 delivery of price. sell short there. And where's it going to
1088
1089 273
1090 00:19:40,470 ~-~-> 00:19:46,920
1091 go? Well, we're going to aim for a level below this swing
1092
1093 274
1094 00:19:46,920 ~-~-> 00:19:49,860
1095 low because it's gonna be what residing below their cell
1096
1097 275
1098 00:19:49,860 ~-~-> 00:19:55,110
1099 stops. Why should it go there? Think Why should price from
1100
1101 276
1102 00:19:55,110 ~-~-> 00:20:00,840
1103 here drop below that low. It's not support Because that
1104
1105 277
1106 00:20:00,840 ~-~-> 00:20:03,390
1107 logic says, if it's going to go down, it's going to go down
1108
1109 278
1110 00:20:03,390 ~-~-> 00:20:06,930
1111 to that level here in bounce. That's what I was taught in
1112
1113 279
1114 00:20:06,930 ~-~-> 00:20:13,350
1115 all the books I had. Think that's what you're taught. If it
1116
1117 280
1118 00:20:13,350 ~-~-> 00:20:16,800
1119 goes down here, it's a buy, they're not teaching you to
1120
1121 281
1122 00:20:16,800 ~-~-> 00:20:19,950
1123 target that low. And the liquidity below that that's what I
1124
1125 282
1126 00:20:19,950 ~-~-> 00:20:24,450
1127 teach. That's what Smart Money traders do. In indices, and
1128
1129 283
1130 00:20:24,450 ~-~-> 00:20:30,930
1131 in stocks. And in futures, and commodities, and bonds, you
1132
1133 284
1134 00:20:30,930 ~-~-> 00:20:34,590
1135 see where I'm going with this, right? You need to stop
1136
1137 285
1138 00:20:34,590 ~-~-> 00:20:38,820
1139 drinking from the pool. Because the waters tainted and
1140
1141 286
1142 00:20:38,820 ~-~-> 00:20:41,520
1143 stopped reading your books, because those things are
1144
1145 287
1146 00:20:41,520 ~-~-> 00:20:48,090
1147 poisoning your perception. If we take the kill zone, lines
1148
1149 288
1150 00:20:48,090 ~-~-> 00:20:51,390
1151 off, I don't have these things on my chart. When I look at
1152
1153 289
1154 00:20:51,390 ~-~-> 00:20:55,290
1155 price, there's nothing on the chart, zero. Now I might make
1156
1157 290
1158 00:20:55,290 ~-~-> 00:20:58,740
1159 an annotation, you know, a text thing for myself to read,
1160
1161 291
1162 00:20:58,890 ~-~-> 00:21:01,890
1163 remember a specific level. But I'm not drawing all this
1164
1165 292
1166 00:21:01,890 ~-~-> 00:21:05,370
1167 stuff out. I'm drawing all these things on my chart. So it
1168
1169 293
1170 00:21:05,370 ~-~-> 00:21:09,360
1171 can be taught and learned by you. So you can visually see
1172
1173 294
1174 00:21:09,360 ~-~-> 00:21:12,630
1175 what I'm internalizing in the price. So when I'm looking at
1176
1177 295
1178 00:21:12,630 ~-~-> 00:21:15,570
1179 price, I don't have all this stuff on there. Because number
1180
1181 296
1182 00:21:15,570 ~-~-> 00:21:17,820
1183 one, it's going to be a distraction. I know in my head when
1184
1185 297
1186 00:21:17,820 ~-~-> 00:21:22,050
1187 I'm looking for, but you as a developing student learning my
1188
1189 298
1190 00:21:22,050 ~-~-> 00:21:26,310
1191 way of thought process, price action, institution order
1192
1193 299
1194 00:21:26,310 ~-~-> 00:21:29,430
1195 flow, institutional trading, smart money trading all that.
1196
1197 300
1198 00:21:30,960 ~-~-> 00:21:34,530
1199 For you to understand it, you have to see these things
1200
1201 301
1202 00:21:34,560 ~-~-> 00:21:36,360
1203 applied to the chart, because it will
1204
1205 302
1206 00:21:36,900 ~-~-> 00:21:40,920
1207 solidify the concept over and over again, repetitive
1208
1209 303
1210 00:21:42,570 ~-~-> 00:21:45,630
1211 examples will just basically burn the image in your brain.
1212
1213 304
1214 00:21:47,130 ~-~-> 00:21:50,700
1215 But we have an optimal trade entry here. Okay, so we have
1216
1217 305
1218 00:21:50,730 ~-~-> 00:21:56,280
1219 this run here. So we have 123 candles up, and we have this
1220
1221 306
1222 00:21:56,490 ~-~-> 00:22:01,050
1223 swing low here. Alright, so we have the fib on the high and
1224
1225 307
1226 00:22:01,050 ~-~-> 00:22:05,340
1227 the low. And you can see the 62% retracement level, or maybe
1228
1229 308
1230 00:22:05,340 ~-~-> 00:22:12,360
1231 you can't. It says 30 to 43 00. Perfect. Okay. Again, it's
1232
1233 309
1234 00:22:12,360 ~-~-> 00:22:16,920
1235 not the fact that the Fibonacci sweet spot, optimal trade
1236
1237 310
1238 00:22:16,920 ~-~-> 00:22:20,400
1239 entry, all that stuff. That's just from me to teach you a
1240
1241 311
1242 00:22:20,400 ~-~-> 00:22:23,970
1243 good area to aim for. It doesn't necessarily need to trade
1244
1245 312
1246 00:22:23,970 ~-~-> 00:22:28,770
1247 at that level for me to enter. But we can see that we trade
1248
1249 313
1250 00:22:29,310 ~-~-> 00:22:33,510
1251 to optimal trade entry. And if it breaks this low, how far
1252
1253 314
1254 00:22:33,510 ~-~-> 00:22:36,270
1255 can it go? Well, our target is something below this low
1256
1257 315
1258 00:22:36,270 ~-~-> 00:22:41,700
1259 here. So look at the fib what's below that we have 32 1550
1260
1261 316
1262 00:22:42,420 ~-~-> 00:22:48,270
1263 Then we have 32 07 even 32 07 even that's what this line is
1264
1265 317
1266 00:22:48,270 ~-~-> 00:22:51,900
1267 here and trades down to that line here on this candle. The
1268
1269 318
1270 00:22:51,900 ~-~-> 00:22:57,900
1271 low comes in at 32 06 point five zero. That's one half of a
1272
1273 319
1274 00:22:58,230 ~-~-> 00:23:02,370
1275 standard handle in the E mini s&p or basically we're talking
1276
1277 320
1278 00:23:02,370 ~-~-> 00:23:10,530
1279 about $25 so it was off by $25 in terms of projecting a low
1280
1281 321
1282 00:23:10,590 ~-~-> 00:23:15,390
1283 target that would be below here at a guy on YouTube. He made
1284
1285 322
1286 00:23:15,390 ~-~-> 00:23:18,240
1287 a comment in recent video his he said you know you're trying
1288
1289 323
1290 00:23:18,240 ~-~-> 00:23:21,210
1291 to tell me to ICT knows how far it's going to go below an
1292
1293 324
1294 00:23:21,210 ~-~-> 00:23:26,070
1295 old low. Yeah, just watch my PG. I'm teaching you right
1296
1297 325
1298 00:23:26,070 ~-~-> 00:23:32,610
1299 here. Anyway, it price has a nice run from 30 to 43 to
1300
1301 326
1302 00:23:32,610 ~-~-> 00:23:38,760
1303 32 07. That's 36 handles in the Standard and Poor's futures
1304
1305 327
1306 00:23:38,760 ~-~-> 00:23:44,040
1307 contract 36 handles hooks when I was trading back in the
1308
1309 328
1310 00:23:44,040 ~-~-> 00:23:48,930
1311 90s. And I transitioned from trading grains and live cattle
1312
1313 329
1314 00:23:48,930 ~-~-> 00:23:53,790
1315 and copper and all the regular commodity markets. I
1316
1317 330
1318 00:23:53,790 ~-~-> 00:23:57,690
1319 transitioned into bonds, and then by trading bonds, I got
1320
1321 331
1322 00:23:57,690 ~-~-> 00:24:02,700
1323 enticed into trading s&p, we had hoped that we would get
1324
1325 332
1326 00:24:03,060 ~-~-> 00:24:07,200
1327 three full handles for our trade. That was the type of
1328
1329 333
1330 00:24:07,200 ~-~-> 00:24:12,000
1331 volatility we had back then. Three. I just showed you 36
1332
1333 334
1334 00:24:12,510 ~-~-> 00:24:17,100
1335 using this method, okay. So we're applying an element of
1336
1337 335
1338 00:24:17,100 ~-~-> 00:24:20,910
1339 precision that nothing else out there delivers. And everyone
1340
1341 336
1342 00:24:20,910 ~-~-> 00:24:24,120
1343 that can watch my videos and this is why folks don't like
1344
1345 337
1346 00:24:24,120 ~-~-> 00:24:27,420
1347 any thumbs down the video despite I'm giving you gold, okay,
1348
1349 338
1350 00:24:27,420 ~-~-> 00:24:31,230
1351 I'm literally laying gold and in lottery tickets in your
1352
1353 339
1354 00:24:31,230 ~-~-> 00:24:36,330
1355 hands for next week and months and years to come. But they
1356
1357 340
1358 00:24:36,330 ~-~-> 00:24:39,720
1359 don't like hearing me say nothing's like this and nothing's
1360
1361 341
1362 00:24:39,720 ~-~-> 00:24:45,240
1363 better. But folks, how can you improve on perfection? I
1364
1365 342
1366 00:24:45,240 ~-~-> 00:24:48,360
1367 mean, seriously, forget who I am. If you and I were just
1368
1369 343
1370 00:24:48,360 ~-~-> 00:24:51,180
1371 sitting here talking about any other topic and we clearly
1372
1373 344
1374 00:24:51,180 ~-~-> 00:24:57,390
1375 see an element of perfection. Perfection. How is that a
1376
1377 345
1378 00:24:57,390 ~-~-> 00:25:01,350
1379 staged arguing? Anyone? Looking at this can see it's
1380
1381 346
1382 00:25:01,350 ~-~-> 00:25:07,950
1383 perfect. It's not flawed. It's not muddy. It's not it works.
1384
1385 347
1386 00:25:07,950 ~-~-> 00:25:21,000
1387 Sometimes it's working every day, every day. So I'm here to
1388
1389 348
1390 00:25:21,090 ~-~-> 00:25:25,080
1391 keep you inspired, and working towards improving. But if you
1392
1393 349
1394 00:25:25,080 ~-~-> 00:25:30,960
1395 don't study, all of these things don't really matter. It's
1396
1397 350
1398 00:25:30,960 ~-~-> 00:25:34,440
1399 just you're watching videos that are going to be watched by
1400
1401 351
1402 00:25:34,440 ~-~-> 00:25:36,780
1403 other people too. And they're going to start going into the
1404
1405 352
1406 00:25:36,780 ~-~-> 00:25:39,240
1407 charts and looking for these things that repeat over and
1408
1409 353
1410 00:25:39,240 ~-~-> 00:25:45,390
1411 over and over again. Now, once it gets below this low, here,
1412
1413 354
1414 00:25:46,020 ~-~-> 00:25:48,750
1415 and it trades down and takes that liquidity out, the shorts
1416
1417 355
1418 00:25:48,750 ~-~-> 00:25:52,110
1419 that the Smart Money have traded with up here and looking to
1420
1421 356
1422 00:25:52,110 ~-~-> 00:25:55,380
1423 buy back below here to sell stocks that are waiting to be
1424
1425 357
1426 00:25:55,380 ~-~-> 00:26:02,790
1427 filled in triggered. Once that's done, my intraday sentiment
1428
1429 358
1430 00:26:02,790 ~-~-> 00:26:06,840
1431 shifts, I'm now thinking, Okay, we ran sell side liquidity,
1432
1433 359
1434 00:26:07,350 ~-~-> 00:26:13,560
1435 where is the nearest buy side liquidity here? And they think
1436
1437 360
1438 00:26:13,560 ~-~-> 00:26:16,770
1439 and run above here, what next? What at Target, it would
1440
1441 361
1442 00:26:16,770 ~-~-> 00:26:22,380
1443 target this. And what did they leave up here? Relative equal
1444
1445 362
1446 00:26:22,380 ~-~-> 00:26:27,240
1447 highs. So what's residing above here by sign liquidity.
1448
1449 363
1450 00:26:29,430 ~-~-> 00:26:33,900
1451 So in addition to closing shorts from up here, below this
1452
1453 364
1454 00:26:33,900 ~-~-> 00:26:38,640
1455 low, smart money now is accumulating long positions. So
1456
1457 365
1458 00:26:38,640 ~-~-> 00:26:40,980
1459 they're going to buy sell stops with the intent that they're
1460
1461 366
1462 00:26:40,980 ~-~-> 00:26:45,450
1463 going to sell them to. Buyers up here with the buy sell
1464
1465 367
1466 00:26:45,450 ~-~-> 00:26:48,210
1467 liquidity. So that's the market efficiency paradigm, you
1468
1469 368
1470 00:26:48,210 ~-~-> 00:26:51,270
1471 need to know by looking at the chart, day of the week, time
1472
1473 369
1474 00:26:51,270 ~-~-> 00:26:54,900
1475 of day, sentiment ideas, not sentiment in the sense that
1476
1477 370
1478 00:26:55,290 ~-~-> 00:26:58,500
1479 we're measuring it in an indicator, but based on what has
1480
1481 371
1482 00:26:58,500 ~-~-> 00:27:02,460
1483 recently transpired in price, has it taken out stops that's
1484
1485 372
1486 00:27:02,460 ~-~-> 00:27:05,340
1487 below the marketplace, okay? Then it's either going to go up
1488
1489 373
1490 00:27:05,370 ~-~-> 00:27:08,280
1491 to rebound, something inefficient, or it's going to go up to
1492
1493 374
1494 00:27:08,280 ~-~-> 00:27:11,430
1495 take out by stops. That's the only two things that can
1496
1497 375
1498 00:27:11,430 ~-~-> 00:27:15,450
1499 happen, folks. That's it. Nothing else. No patterns, nothing
1500
1501 376
1502 00:27:15,450 ~-~-> 00:27:20,760
1503 harmonic. No waves from Elliott. No Dow Theory, nothing like
1504
1505 377
1506 00:27:20,760 ~-~-> 00:27:25,980
1507 that needs to be referred to at all. Its liquidity, rebound,
1508
1509 378
1510 00:27:25,980 ~-~-> 00:27:30,660
1511 rebalance imbalance. That's it, buy side, sell side,
1512
1513 379
1514 00:27:30,870 ~-~-> 00:27:36,390
1515 inefficient delivery, rebounds to efficient delivery, and
1516
1517 380
1518 00:27:36,390 ~-~-> 00:27:40,710
1519 then add an element of time, then you have the understanding
1520
1521 381
1522 00:27:40,710 ~-~-> 00:27:43,950
1523 of what price is doing. Now, there's narratives that you
1524
1525 382
1526 00:27:43,950 ~-~-> 00:27:45,990
1527 need to understand and how that fits in the grand scheme of
1528
1529 383
1530 00:27:45,990 ~-~-> 00:27:48,750
1531 things. But if we're talking about intraday volatility on a
1532
1533 384
1534 00:27:48,750 ~-~-> 00:27:52,380
1535 micro scale like this, then it's not that important, as long
1536
1537 385
1538 00:27:52,380 ~-~-> 00:27:55,500
1539 as you have one key level that we can operate on. And that
1540
1541 386
1542 00:27:55,530 ~-~-> 00:27:58,800
1543 level is this bearish order block. That's from the daily
1544
1545 387
1546 00:27:58,800 ~-~-> 00:28:02,760
1547 chart. But if you want to focus only in the direction of the
1548
1549 388
1550 00:28:02,760 ~-~-> 00:28:06,810
1551 highest probability trades and filter out, possibly being
1552
1553 389
1554 00:28:06,810 ~-~-> 00:28:11,400
1555 wrong, going long, intraday, then this is how you do it. But
1556
1557 390
1558 00:28:11,400 ~-~-> 00:28:13,410
1559 once you get your objective below the sell side liquidity
1560
1561 391
1562 00:28:13,440 ~-~-> 00:28:16,680
1563 you're done. That's it, you don't turn it into a long term
1564
1565 392
1566 00:28:16,680 ~-~-> 00:28:19,440
1567 trade, you're not a swing trader, you know, a position
1568
1569 393
1570 00:28:19,440 ~-~-> 00:28:24,000
1571 trader, you're getting out, you're collecting your chips,
1572
1573 394
1574 00:28:24,630 ~-~-> 00:28:28,380
1575 cashing in, and you're coming back the next day. That's how
1576
1577 395
1578 00:28:28,410 ~-~-> 00:28:31,890
1579 day traders live and thrive. They don't go in here and keep
1580
1581 396
1582 00:28:31,890 ~-~-> 00:28:35,010
1583 throwing dice, throwing the dice on the dice. But let's take
1584
1585 397
1586 00:28:35,010 ~-~-> 00:28:38,610
1587 a look at what happened later on in the day. the sell side
1588
1589 398
1590 00:28:38,610 ~-~-> 00:28:42,000
1591 of equities taken comes back down hits that same old low
1592
1593 399
1594 00:28:43,080 ~-~-> 00:28:48,060
1595 rallies up and clears all the buy side liquidity above these
1596
1597 400
1598 00:28:48,060 ~-~-> 00:28:59,280
1599 highs here would run into the clothes on Friday. So when you
1600
1601 401
1602 00:28:59,280 ~-~-> 00:29:05,250
1603 look at things like this, it should be very fascinating. At
1604
1605 402
1606 00:29:05,250 ~-~-> 00:29:07,290
1607 least it was for me when I started seeing it and studying
1608
1609 403
1610 00:29:07,290 ~-~-> 00:29:12,450
1611 it. When I saw these things in 1995. It changed everything
1612
1613 404
1614 00:29:12,450 ~-~-> 00:29:18,900
1615 from me. It made me feel like I should be expecting a knock
1616
1617 405
1618 00:29:18,900 ~-~-> 00:29:23,940
1619 at my door anytime. Like I had some forbidden knowledge.
1620
1621 406
1622 00:29:23,940 ~-~-> 00:29:28,380
1623 That's what it felt like, okay, and it grew from here. And I
1624
1625 407
1626 00:29:28,380 ~-~-> 00:29:31,560
1627 got more insights and more details and more precision
1628
1629 408
1630 00:29:31,560 ~-~-> 00:29:35,430
1631 elements. And everything started coming together with this
1632
1633 409
1634 00:29:35,760 ~-~-> 00:29:43,500
1635 beautiful tapestry of amazing, highly detailed processes
1636
1637 410
1638 00:29:43,740 ~-~-> 00:29:47,310
1639 that the markets actually repeat and do every single day and
1640
1641 411
1642 00:29:47,310 ~-~-> 00:29:50,160
1643 every single week. Now here's the wonderful thing. When you
1644
1645 412
1646 00:29:50,160 ~-~-> 00:29:54,570
1647 start knowing these things, you'll find that there are times
1648
1649 413
1650 00:29:54,570 ~-~-> 00:29:59,400
1651 of the year seasonal tendencies, that specific markets will
1652
1653 414
1654 00:29:59,430 ~-~-> 00:30:03,450
1655 tend to do Bigger moves. And you can use these elements like
1656
1657 415
1658 00:30:03,450 ~-~-> 00:30:07,380
1659 this, to position yourself in trades that may be longer
1660
1661 416
1662 00:30:07,380 ~-~-> 00:30:11,610
1663 term. But if you're only going to be a intraday trader, you
1664
1665 417
1666 00:30:11,610 ~-~-> 00:30:17,670
1667 need to refine this art in this timeframe only and avoid
1668
1669 418
1670 00:30:17,790 ~-~-> 00:30:20,700
1671 trying to say okay, well, I'm smarter than I really am
1672
1673 419
1674 00:30:20,730 ~-~-> 00:30:26,040
1675 before you are. And overstaying your welcome into position,
1676
1677 420
1678 00:30:26,130 ~-~-> 00:30:30,330
1679 you don't want to do that. Because if you use the things I'm
1680
1681 421
1682 00:30:30,330 ~-~-> 00:30:33,300
1683 showing you here, you're going to find setups a lot, you're
1684
1685 422
1686 00:30:33,300 ~-~-> 00:30:36,480
1687 going to find lots and lots of setups. And you're not
1688
1689 423
1690 00:30:36,480 ~-~-> 00:30:39,570
1691 limited to just that daily chart for an order block to base
1692
1693 424
1694 00:30:39,570 ~-~-> 00:30:43,350
1695 your trade on, you can use a four hour chart. So you have a
1696
1697 425
1698 00:30:43,350 ~-~-> 00:30:48,210
1699 daily and a four hour if you use that idea. And just wait
1700
1701 426
1702 00:30:48,210 ~-~-> 00:30:50,910
1703 for these levels. To give you an indication, what I've
1704
1705 427
1706 00:30:50,910 ~-~-> 00:30:57,150
1707 taught you here is to trade off of key levels, with a bias
1708
1709 428
1710 00:30:57,180 ~-~-> 00:30:59,880
1711 relative to its timeframes downwards at the four hour has
1712
1713 429
1714 00:30:59,880 ~-~-> 00:31:03,600
1715 been dropping, okay, that's even greater if the daily has
1716
1717 430
1718 00:31:03,600 ~-~-> 00:31:06,450
1719 been dropping. So you're really in sync with higher
1720
1721 431
1722 00:31:06,450 ~-~-> 00:31:08,850
1723 timeframe order flow, you're not trying to predict the
1724
1725 432
1726 00:31:08,850 ~-~-> 00:31:11,370
1727 bottom. And if the markets been going up, you're not trying
1728
1729 433
1730 00:31:11,370 ~-~-> 00:31:15,570
1731 to predict the top, because intraday volatility is going to
1732
1733 434
1734 00:31:17,010 ~-~-> 00:31:20,520
1735 serve you well, if you're just looking on the basis of
1736
1737 435
1738 00:31:20,520 ~-~-> 00:31:23,610
1739 running to an old, low or an old high,
1740
1741 436
1742 00:31:24,330 ~-~-> 00:31:27,030
1743 because you're reaching for liquidity, you're still gonna
1744
1745 437
1746 00:31:27,030 ~-~-> 00:31:29,580
1747 have losing trades. So if you make the mistake of trading
1748
1749 438
1750 00:31:29,580 ~-~-> 00:31:31,980
1751 with my funds with this idea, expect to lose money, you're
1752
1753 439
1754 00:31:31,980 ~-~-> 00:31:35,250
1755 going to lose money, everyone loses money, period, you're
1756
1757 440
1758 00:31:35,250 ~-~-> 00:31:37,770
1759 going to have losing trades, your stops, you're going to hit
1760
1761 441
1762 00:31:37,770 ~-~-> 00:31:40,740
1763 sometimes the trade won't pan out, you'll be wrong, you'll
1764
1765 442
1766 00:31:40,740 ~-~-> 00:31:45,450
1767 read it wrong. Or despite it looking as if it's perfect, it
1768
1769 443
1770 00:31:45,450 ~-~-> 00:31:48,150
1771 will fail, it may not go anywhere, it may just go into
1772
1773 444
1774 00:31:48,150 ~-~-> 00:31:52,260
1775 consolidation. And then you'll have to have a time stop. How
1776
1777 445
1778 00:31:52,260 ~-~-> 00:31:54,120
1779 long are you going to hold on to a trade that isn't panning
1780
1781 446
1782 00:31:54,120 ~-~-> 00:31:59,640
1783 out? Well, if we leave the kills him in London, and we start
1784
1785 447
1786 00:31:59,640 ~-~-> 00:32:02,820
1787 going into a time of day after 5am, and it's not moving,
1788
1789 448
1790 00:32:03,120 ~-~-> 00:32:06,150
1791 it's best many times is to kill the trade and then wait for
1792
1793 449
1794 00:32:06,180 ~-~-> 00:32:09,840
1795 New York setup. Don't hold on to something that you're
1796
1797 450
1798 00:32:09,840 ~-~-> 00:32:14,130
1799 worrying about. And many of you probably trade during work
1800
1801 451
1802 00:32:14,130 ~-~-> 00:32:16,560
1803 hours, and you're really not being efficient for your
1804
1805 452
1806 00:32:16,560 ~-~-> 00:32:19,680
1807 employer, you're not being a good steward there. And you're
1808
1809 453
1810 00:32:20,400 ~-~-> 00:32:24,240
1811 making yourself miserable. So if you only trade during the
1812
1813 454
1814 00:32:24,240 ~-~-> 00:32:27,570
1815 kill zones, New York being seven o'clock in the morning to
1816
1817 455
1818 00:32:27,600 ~-~-> 00:32:29,430
1819 nine o'clock in the morning, there's your sweet spot, or you
1820
1821 456
1822 00:32:29,430 ~-~-> 00:32:33,000
1823 can use the 830 to 11 o'clock, optimal trade entry pattern
1824
1825 457
1826 00:32:33,000 ~-~-> 00:32:36,750
1827 recognition series, New York session window, knew that that
1828
1829 458
1830 00:32:36,750 ~-~-> 00:32:42,120
1831 takes into consideration the 830 News embargo lifting in
1832
1833 459
1834 00:32:42,780 ~-~-> 00:32:46,350
1835 London clothes. So you have two major factors, they're
1836
1837 460
1838 00:32:46,800 ~-~-> 00:32:51,540
1839 providing a beginning and an ending where majority of the
1840
1841 461
1842 00:32:51,570 ~-~-> 00:32:55,560
1843 moves are going to occur. Because you're letting price wait
1844
1845 462
1846 00:32:55,560 ~-~-> 00:32:59,010
1847 for the news events, whatever volatility is injected after
1848
1849 463
1850 00:32:59,010 ~-~-> 00:33:01,950
1851 that until the London close and then volume starts to Peter
1852
1853 464
1854 00:33:01,950 ~-~-> 00:33:06,390
1855 off on the daily for for that particular asset around 11
1856
1857 465
1858 00:33:06,390 ~-~-> 00:33:12,540
1859 o'clock to 12 o'clock. And to make it easy, just it's two
1860
1861 466
1862 00:33:12,540 ~-~-> 00:33:16,620
1863 o'clock to five o'clock in London open seven to nine, New
1864
1865 467
1866 00:33:16,620 ~-~-> 00:33:24,300
1867 York 830 to 11, New York session, London, closed 10 to noon.
1868
1869 468
1870 00:33:26,310 ~-~-> 00:33:30,540
1871 And ages 7pm to 9pm. And these are all Eastern Standard
1872
1873 469
1874 00:33:30,540 ~-~-> 00:33:35,790
1875 times. And that's going to be pretty much it. When you're
1876
1877 470
1878 00:33:35,790 ~-~-> 00:33:39,870
1879 trading late New York. It's the session I showed you using
1880
1881 471
1882 00:33:39,870 ~-~-> 00:33:42,840
1883 the equities afternoon trend. It's one o'clock in the
1884
1885 472
1886 00:33:42,840 ~-~-> 00:33:45,780
1887 afternoon to four o'clock in the afternoon, Eastern Standard
1888
1889 473
1890 00:33:45,780 ~-~-> 00:33:49,200
1891 Time. So that way you have all my kill zones, you have
1892
1893 474
1894 00:33:49,200 ~-~-> 00:33:52,290
1895 again, the New York session kills in that I don't want to
1896
1897 475
1898 00:33:52,290 ~-~-> 00:33:56,220
1899 call it kill zone. That's the New York session for the
1900
1901 476
1902 00:33:56,220 ~-~-> 00:33:58,500
1903 optimal trade entry pattern recognition series. You know,
1904
1905 477
1906 00:33:58,500 ~-~-> 00:34:01,920
1907 when I talk about when to look for it, that's a nice window
1908
1909 478
1910 00:34:01,920 ~-~-> 00:34:04,470
1911 of opportunity to look for it there. But in my own personal
1912
1913 479
1914 00:34:04,470 ~-~-> 00:34:07,110
1915 trading, there's lots of trades that I'll take between seven
1916
1917 480
1918 00:34:07,110 ~-~-> 00:34:10,380
1919 o'clock and nine o'clock in the morning. That will be ahead
1920
1921 481
1922 00:34:10,410 ~-~-> 00:34:14,100
1923 of the news that comes out. And I'll always trade ahead of
1924
1925 482
1926 00:34:14,100 ~-~-> 00:34:16,500
1927 the news. Depending on what type of news event comes out. It
1928
1929 483
1930 00:34:16,500 ~-~-> 00:34:18,690
1931 could be a high impact news event that says I'll wait for
1932
1933 484
1934 00:34:18,690 ~-~-> 00:34:21,750
1935 that. But if it's a medium impact news event, or no news is
1936
1937 485
1938 00:34:21,780 ~-~-> 00:34:26,040
1939 expected for that currencies on trading. Or in this case in
1940
1941 486
1942 00:34:26,040 ~-~-> 00:34:29,430
1943 the sea, then I'm not I'm not worried about this take a
1944
1945 487
1946 00:34:29,430 ~-~-> 00:34:33,300
1947 trade before 830 is not anticipate 830 fueling the fire that
1948
1949 488
1950 00:34:33,300 ~-~-> 00:34:36,600
1951 I have already set between seven o'clock and more than 830.
1952
1953 489
1954 00:34:38,040 ~-~-> 00:34:40,260
1955 So hopefully you got something out of this one. We'll
1956
1957 490
1958 00:34:40,260 ~-~-> 00:34:43,590
1959 continue this series and refine a little bit more and bring
1960
1961 491
1962 00:34:43,590 ~-~-> 00:34:46,650
1963 some more insights about order blocks because apparently
1964
1965 492
1966 00:34:46,650 ~-~-> 00:34:48,600
1967 YouTube needs it because there's a lot of misinformation
1968
1969 493
1970 00:34:48,600 ~-~-> 00:34:51,540
1971 going on. But you don't need to enter exactly at the order
1972
1973 494
1974 00:34:51,540 ~-~-> 00:34:53,880
1975 block. If you have a hard time frame order block. All you're
1976
1977 495
1978 00:34:53,880 ~-~-> 00:34:57,480
1979 doing is waiting to see if it's willing to move and at a
1980
1981 496
1982 00:34:57,480 ~-~-> 00:35:01,200
1983 specific time of day and then find your liquidity pool and
1984
1985 497
1986 00:35:01,200 ~-~-> 00:35:03,720
1987 set targets. And that's pretty much it. Until next time,
1988
1989 498
1990 00:35:03,720 ~-~-> 00:35:05,100
1991 wish you good luck and good trading.