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ICT YT - 2022-02-01 - Trading With Family Distractions.srt

Last modified by Drunk Monkey on 2022-02-01 12:58
1 00:00:07,140 --> 00:00:18,990 ICT: Alright, folks, we're gonna show you a little piece of reality. I'm exempt of nothing. Okay, I'm just like everyone else I'm gonna show you here live
2 00:00:19,620 --> 00:00:34,110 account login. No, not a paper trading account. But this is kind of like to show you that even though what I know, and experience I have just showing you that
3 00:00:34,140 --> 00:00:47,160 it's not paper trading talking to the live side. Okay. Today was one of those National Lampoon editions of forex trading or futures trading rather. So it's a
4 00:00:47,160 --> 00:01:00,150 Monday, I homeschool my children, and my wife, and the kids are upstairs doing their normal thing, but they always thought that it was Sunday. So therefore I
5 00:01:00,150 --> 00:01:09,330 shouldn't be trading. And they open door up, asked me a couple questions. And I told them to close the door and lock it so that way you my dogs, I have two
6 00:01:09,330 --> 00:01:24,870 boxers. In Bailey, the youngest, which is very smart. She knows how to open the lever locks in our internal doors. So my youngest didn't lock the door, and the
7 00:01:24,870 --> 00:01:35,250 dogs are running around upstairs, they know that I'm down in my office. So I'm sitting there thinking myself, okay. I'm going to concentrate on this. NASDAQ
8 00:01:35,250 --> 00:01:56,610 today I gave my mentorship targets of 14,007 20. And I'm looking at initial morning run, I'm going to look for the 14,500 in that range, overnight highs
9 00:01:56,610 --> 00:02:13,320 rather. So I'm looking at I'm waiting for the market to open at 930. So I'm going to speed this up, obviously, it'll go a lot quicker. But the the view of
10 00:02:13,320 --> 00:02:23,580 the internals of the day I was looking for was a long entry in the morning, taking out overnight highs, wait for the lunch hour in and I was going to go
11 00:02:23,580 --> 00:02:35,400 long again and try to aim for that 14,007 20 level. I'll give you an annotation here in a little bit, I will type out in trading, you own that tray with TD
12 00:02:35,400 --> 00:02:46,530 Ameritrade text annotation tool, I type out what my views are and what I'm looking for in a very specific level. And I'm thinking that it's going to draw
13 00:02:46,530 --> 00:02:58,380 to 14,006 40 that liquidity above that high. So I want to wait for 930s opening because that initial volatility, I don't want to get caught off side, which
14 00:02:58,380 --> 00:03:09,780 means getting into early and getting stopped out or put into draw are much more than be willing to absorb. So I'm looking at the lows underneath that 14,004 30
15 00:03:09,780 --> 00:03:21,330 level. And I'm thinking it's gonna drop down below the opening price. Again, preferably, if you can do that. That's not what I'm teaching in this futures,
16 00:03:21,960 --> 00:03:30,180 mentorship, but it's lessons that I actually taught in forex. So that's why I'm kind of like making this video separate from the mentorship teachings because I
17 00:03:30,180 --> 00:03:37,800 don't want anybody thinking that this is something that's being taught in that specific model because it's not that it is taught already in the lessons in the
18 00:03:37,800 --> 00:03:52,770 Forex stuff. But right about now I hear my wife, gentlemen, you probably can relate to this. Women, you can probably relate to it as well. But my oldest is
19 00:03:52,860 --> 00:04:03,900 instigating with my youngest. And they're going back and forth up there, and I can hear them and I'm thinking myself, Man, I gotta I gotta zone out. So I put
20 00:04:03,900 --> 00:04:14,430 music on. And I have the music rather well. Typically in the afternoon it's not that big of a deal. My wife and kids they're pretty much done their stuff. But
21 00:04:14,430 --> 00:04:21,270 the morning session not sure how to use like headphones or whatever, but I didn't want to headphones on because I want to focus on I'm drawing in on that.
22 00:04:22,920 --> 00:04:35,790 Long I'm trying to hunt for it. So I'm gonna type in that way you can see it wasn't an afterthought that I'm right now I'm doing in addition or voiceover
23 00:04:35,820 --> 00:04:44,670 Okay, so I wasn't talking during any of this in the prove it this is why I always do this actually type out in the platform I'm using what my internal
24 00:04:44,670 --> 00:04:54,180 dialogue is what I'm thinking what I'm expecting to see. The whole time my wife's laying into my oldest son upstairs. You should leave there brother
25 00:04:54,180 --> 00:05:03,090 William All right now hearing all this stuff over the music so now I'm cranking the music got really loud So now my wife's getting ticked off, because it's too
26 00:05:03,090 --> 00:05:08,850 early for that in her mind. And maybe it is but I'm now I'm recording. So I've committed myself to this endeavor.
27 00:05:10,200 --> 00:05:25,380 So let me just darken this up and make it larger font, change the font color, so that we can see very clearly that I see this coming. intraday, and I'm looking
28 00:05:25,380 --> 00:05:41,220 for that in the morning session. Okay. So what I'm saying is, I like the 14,006 40 level, I think it's gonna draw to that. And I want to wait for the 930
29 00:05:41,220 --> 00:05:52,230 opening, I don't want to chase it while it's going up like this. I'm not looking at any of those down close candles as potential bullish order blocks, and then
30 00:05:52,230 --> 00:06:03,900 that stuff. I need to see that initial Judas swing. Okay. And you know what that is, if you've been studying my Forex content on this channel, if I'm bullish, if
31 00:06:03,900 --> 00:06:16,200 I'm thinking it's gonna go higher, preferably, I want to see some kind of a whipsaw. sharp decline, lower, right at 930. I don't want to see it run higher.
32 00:06:16,320 --> 00:06:25,860 That's not what I want to see. I want to see them induce sellers, okay to sucker them into thinking it's going to go lower. I already have committed and cosign
33 00:06:25,890 --> 00:06:43,590 what I think it's going to do here in TD Ameritrade. And it's quarter after 915 minutes until the opening. And I'm watching again, the lows around that
34 00:06:43,620 --> 00:06:57,540 14,004 30 14,004 20 level. I'm thinking they're gonna sweep below those lows. And if it does that, I want to be a buyer. But I don't want to do it ahead of
35 00:06:58,260 --> 00:07:07,860 the opening and I want to watch I'm going to see and feel what that opening looks like at 930. Now, in hindsight, some of you armchair critics are going to
36 00:07:07,920 --> 00:07:13,800 look at and say well, if that's you thought, why do you just put a buy limit down here because I'm already distracted this morning, and I'm trading
37 00:07:14,310 --> 00:07:25,620 distracted. I've already been taken out of my comfort zone. Usually my family's very very accommodating and they'll know unless Leave me alone, but my sons came
38 00:07:25,620 --> 00:07:36,360 downstairs from waking up and they thought it was Sunday so they weren't thinking that I'm in my office trading. So we're getting ready to see the
39 00:07:36,360 --> 00:07:38,310 decline I already liked what I'm seeing here
40 00:07:48,660 --> 00:07:58,140 at the time of this recording, it's trading at 14,007 20 So my paid mentorship knows that that was the low end objective I was looking for
41 00:08:11,520 --> 00:08:16,290 Okay, couple more minutes and the 930 equities opening.
42 00:09:09,300 --> 00:09:22,560 All right now we're seeing the opening. It's diving down now, right now there's all kinds of ruckus happening in Bella and Bailey, which are my boxers they
43 00:09:22,560 --> 00:09:32,070 busting in the door. Now there are at my feet trotting around getting all upset because they want to see me. So I'm I missed my entry. So now I'm waiting for to
44 00:09:32,070 --> 00:09:38,730 treat about that little short term low. I'm buying it right there and I'll put my stop in. So now I'm basically trying to get my wife to get the dogs wrangled
45 00:09:38,730 --> 00:09:48,390 up and tell my boys to help her get them. I'm talking as I'm doing everything you're seeing right now on the chart. So needless to say, I'm bent out of shape.
46 00:09:48,930 --> 00:09:58,890 My wife's looking at me like I'm dead later. And my boys are not any help at all. Okay, so it's like I said National Lampoon's forex and futures trader to
47 00:09:59,250 --> 00:10:08,310 Episode If this would have been like a live stream, like it would have been gold comedy gold this morning, it would have been beautiful. But I'm stressed out
48 00:10:08,310 --> 00:10:16,290 right now because I'm committed to recording a trade. I wanted to get in here and do the very thing I gave my mentorship that the paid mentorship group, I
49 00:10:16,290 --> 00:10:22,890 wanted to show them me getting in the trade. And I had no intention of actually sharing this with YouTube channel. But I thought it was useful because this is
50 00:10:22,890 --> 00:10:29,700 what's gonna happen to you as well. You're going to have a family, you're going to have things in your life, it's going to complicate things. Now I'm like,
51 00:10:29,700 --> 00:10:35,550 Okay, I'm just gonna get out of here. And once again, Bella and Bailey, because they didn't lock the door and they close the door, they bust him once more. Now
52 00:10:35,550 --> 00:10:43,020 my wife loses her mind, because the boys didn't listen. So I just That's it. I'm closing a market out to trade. And that's nothing, there's nothing else I can
53 00:10:43,020 --> 00:10:57,420 do. So I can't focus. So I'm going to show you again, here's the entries. That's the exit. Here's the entry and that's the time and sales executions. And every
54 00:10:57,420 --> 00:11:07,800 time that stop was adjusted him and limit orders were placed in. So again, real world, things happen like that. Even for me, I'm not exempt from it. But
55 00:11:09,300 --> 00:11:16,440 hopefully, I don't have another one lose episode this week because I want to kind of zone in. But nonetheless, hopefully this has been insightful and maybe
56 00:11:16,440 --> 00:11:21,720 uplifting for some of you that have these types of things happen for you. Again, no simulator traits.