ICT YT - 2022-08-14 - ICT Mentorship 2022 Market Review - August 13 2022.srt

Last modified by Drunk Monkey on 2022-08-27 08:30

1	00:00:06,060 --> 00:00:18,510	ICT: Welcome back, folks, just a quick little update, and a reminder that I am on holiday. So I've been away from YouTube and mentoring and teaching, just want
2	00:00:18,510 --> 00:00:29,160	to stop in and give you an update, because I had a small opportunity to do so. So the review on August 1 and August 2, I would counsel you to go back and watch
3	00:00:29,160 --> 00:00:37,170	those. So it'll give you a little bit more insight as to what I'm pointing to here. So that way, it doesn't look like well, this is after the fact hindsight,
4	00:00:37,530 --> 00:00:51,270	this was shown to you beforehand. Okay. So the dollar index, I mentioned how, obviously, the month of August generally is a sloppy month, it can be a rare
5	00:00:51,270 --> 00:01:03,030	event for it to be a very symmetrical market where it gives you a nice clean price runs. The most times it's choppy, it'll delay before it starts to move
6	00:01:03,030 --> 00:01:14,100	towards obvious levels, and or rebounds to a specific price point. So I don't like to do a lot of things in August. But if you focus on the calendar, events
7	00:01:14,100 --> 00:01:25,410	that are high impact, it pretty much helps you, you weed out and ferret out the more problematic conditions or setups and you won't hopefully fall victim to
8	00:01:25,410 --> 00:01:37,470	just being in the wrong time in the wrong market. So I mentioned how we could likely if we were to run higher, this area here was a little too clean. So a
9	00:01:37,470 --> 00:01:48,660	little gap in here, the market stayed pretty much inside this fair value gap here. On the downside I mentioned, the liquidity would be likely right at this
10	00:01:48,660 --> 00:01:58,770	low and if it accelerated, we would go for the sell side here. Pretty much sideways. So not right not wrong, just you know, it is what it is. But it's
11	00:01:58,770 --> 00:02:06,090	interesting how we drew right down into that low and continue to go look at the lower timeframes. And we went just a little bit below that. And we're back
12	00:02:06,090 --> 00:02:26,160	inside this fair value gap here. Go to your real quick Alright, and here is the euro dollar. See if I can make this a little bit better efficiency. So our focus
13	00:02:26,160 --> 00:02:37,530	on this market here parent Forex, and into this was the old low on the daily going back a little bit in terms of time, but you'll see that in the old
14	00:02:37,620 --> 00:02:46,560	reviews, I liked the area between the old low, which is this blue line. And this candle is high, unlike that area. And it could likely go back to that Oh, Allah
15	00:02:46,560 --> 00:03:01,470	mentioned that before. But we only saw it go just a little bit past that. But going right specifically to this low here. So I'll take this there. Drop down
16	00:03:01,470 --> 00:03:14,610	show you what we saw in terms of price delivery. Okay, so the market gravitate back to the old low, but the bulk of the volume is between that low. And here.
17	00:03:15,390 --> 00:03:24,630	You see that here with the bodies, the visors candles, predominantly inside this little area but the wicks go up to and through the old low. But back to this
18	00:03:24,630 --> 00:03:36,630	area here. Look at how this candle drops down and comes back up. See that this is really important. When the market drops down like this and comes off that low
19	00:03:36,630 --> 00:03:46,830	and closes there, this is a balanced price range. Okay, it's not an imbalance. Okay, it's an under liquidity, but we'd This is a balanced price range because
20	00:03:46,830 --> 00:03:59,940	price has opened here, traded down to that candles low, and then came off that lower here. So when we pass down through it again here, this can be framed as an
21	00:03:59,940 --> 00:04:12,630	imbalance. But this level here is where the bounce really takes place. So if we go below that, that makes this a strong candidate for what short term
22	00:04:12,720 --> 00:04:23,160	resistance. So the market does what it reaches back up into the area. So a lot of times, students will ask me in my private group and even the YouTube channel
23	00:04:23,160 --> 00:04:25,530	in the comment section and on TradingView
24	00:04:27,090 --> 00:04:36,840	with a comment and other people's videos, and they'll say, but I don't understand how ICT knows when to leave certain Faraday gaps or imbalances open
25	00:04:36,840 --> 00:04:44,160	when does the market leave certain parts of the imbalance open? While you're getting that here today? One lesson. There are several other factors that go
26	00:04:44,160 --> 00:04:56,490	along with it. But the fact that we had this delivery here because it looks like we have 1234 candles that make up this wrong here. So this segment here where
27	00:04:56,490 --> 00:05:05,850	there's only one single candle, we start the imbalance framework here and ended here. But you have to go a little bit further and behind the scenes and study
28	00:05:05,850 --> 00:05:15,630	the analysis of what has happened inside that price room. Has there been any balanced price range or portion of that overall directional move? Was it
29	00:05:15,630 --> 00:05:28,590	rebalanced? Okay. Again, I'm not teaching. What Chris Laurie will say, is a liquidity void when it goes back up into that area, it's rebounds that's not
30	00:05:28,590 --> 00:05:38,100	rebalanced. This, this redelivered rebalance is when it goes up, price goes down to a level and comes back over top of it again, passes through both directions.
31	00:05:38,310 --> 00:05:49,230	Okay. Once it does that, and then leaves it, that is a balanced price range, that market price level from here to here. Number two, this candles close this
32	00:05:49,230 --> 00:06:03,270	candles low. That period or section of price action is balanced, because it's offered both sides of the marketplace than it has left it here. So if you were a
33	00:06:03,270 --> 00:06:18,900	fan of my work on baby pips back in 2010, and 1112, I would show sometimes when I would have charts annotated. And I would go back and look at price moves in my
34	00:06:18,900 --> 00:06:29,520	reviews. While I would do old reviews on trades exit took. And I would do that as a market review. And sometimes I would be anchored to a down close candle.
35	00:06:30,090 --> 00:06:40,530	And sometimes I'd be anchored to an up close candle. This is not an order block. This is a bounced price range. So that's why it's confusing. If you look at my
36	00:06:40,560 --> 00:06:50,970	old stuff before I actually started going into the concept of divulging into my order block theory, which was really started and released initially to the
37	00:06:50,970 --> 00:07:00,360	public, not in my private one on one mentoring that was being done in the 90s. But introduced in the scouse linker series on this YouTube channel. So that was
38	00:07:00,360 --> 00:07:16,170	the public's introductory soiree into my waterblock concept. But sometimes when you saw old old videos, you would see the anchor to a down close candle. And
39	00:07:16,170 --> 00:07:25,980	that would be a point of confliction. For some of the students, they would be wondering, okay, what's an order block in sometimes you had in your old videos,
40	00:07:26,160 --> 00:07:34,230	which I don't even make available anymore. Because that was all part of a social experiment. For me, I wanted to see if I could cultivate the same environment
41	00:07:34,770 --> 00:07:44,310	for students to see if they could come to the same conclusion and understanding about the markets that I have had. And I haven't had that no one's really done
42	00:07:44,310 --> 00:07:58,500	that. So it because it was presented in that venue in that way of introducing it to the public. It's not the best for learning, it was more I was wanting to see
43	00:07:58,530 --> 00:08:06,930	if I would get the same laboratory result that the markets in the Lord and everything else that came into my life and circumstances that created who I am,
44	00:08:07,560 --> 00:08:19,560	this is the output. So I tried my best to create those same similar, I guess conditions as best that I could. And I didn't get the result of another ICT or
45	00:08:19,560 --> 00:08:30,510	another one out there. And it would think about markets like me. So anyway, this balanced price range kept price from wanting to go up into this last little
46	00:08:30,510 --> 00:08:41,490	portion. Because all of this move here, where has the market really have an exposure to only sell side and balance numbers, this movement from this low
47	00:08:41,550 --> 00:08:49,380	here, down to this candle tie, this is all sell side imbalance. So it's really only necessary for price to go up to that level, and not fill in this little
48	00:08:49,380 --> 00:08:57,690	area here because we've had this movement back and forth. So this is all rebounds. So it's like a brick wall in price. It doesn't need to go up there.
49	00:08:58,260 --> 00:09:09,000	And that's why sometimes you'll see folks struggling with why does he take trades and not expected to go up into these little areas here? Because I'm
50	00:09:10,650 --> 00:09:20,580	privy to understanding how price really rebalances and it's not just a simple matter of okay, here's a one sidedness of price action and we'll just call that
51	00:09:20,580 --> 00:09:33,480	avoid that's not avoid, this is a sell side and balance by side inefficiency. SEBI is what I call it in short term, si bi sellside imbalance by site
52	00:09:33,510 --> 00:09:43,680	inefficiency, meaning in this area here from the close to low, we had price initially dropped down, create that loan and backed off that loan came here and
53	00:09:43,680 --> 00:09:54,120	stop. So we saw both sides, sell side offered and then buy side back and forth price moves back and forth through it. Here we only had once this low was
54	00:09:54,120 --> 00:10:06,540	broken, we only had sell side offered and there's an inefficiency in that market delivery. price delivery on the buy side. So in other words, yes, sellers had an
55	00:10:06,540 --> 00:10:15,810	opportunity to sell in this because there's a one sidedness to that one individual candle for that interval, that one daily candle. But that imbalance
56	00:10:18,120 --> 00:10:29,610	only offering majority sellside. It was just only focused on repricing lower. The algorithm will seek to offer by side which is running back over top of this
57	00:10:30,090 --> 00:10:42,360	for the purposes of repricing to that point right there. That's not an order block. That's just the point at which the price will reprice. And now offer sell
58	00:10:42,360 --> 00:10:56,580	side and balance by side offered. Now, it is not rebalanced, that is not rebalancing. This is rebalancing when it leaves it, now that act is there's no
59	00:10:56,580 --> 00:11:05,280	reason for it to go back up in this range because it's passed down and up in that same range from the close of that candle to the low inside that little
60	00:11:05,280 --> 00:11:14,880	price range, their price has moved back and forth. So it's offered opportunity for both sellers and buyers. It's all algorithmic, it's not buying and selling
61	00:11:14,880 --> 00:11:25,380	pressure. The market sells off here. So the markets algorithm is repricing. And offering continuously Lower, lower lower, doesn't matter how many people was
62	00:11:25,380 --> 00:11:34,500	going to enter into my Eurodollar. It's going to keep offering lower prices. It's controlling the sentiment of market, it's controlling what buyers and
63	00:11:34,500 --> 00:11:45,780	sellers are going to do not your indicator, not your system, not your dead mean theory. Okay, it's algorithmic, the markets going to book the way the market
64	00:11:45,780 --> 00:11:53,820	wants a book, it does not matter if it's on high volume or low volume, it's going where it wants to go, regardless of whatever you think it might do. And
65	00:11:53,820 --> 00:12:02,130	whatever I might think it might do, because there's times where I'm wrong, but generally, I'm probably beating a dead horse now, and you probably want to get
66	00:12:02,130 --> 00:12:12,240	on to the next thing. But the point is, I think that this should illustrate the difference between a quote unquote liquidity void versus self had a balanced by
67	00:12:12,240 --> 00:12:22,410	some efficiency. Okay, that's mine. That's what I've brought to the community, and the understanding of it that's not found anywhere else. Okay. So let's move
68	00:12:22,410 --> 00:12:34,710	on over to ES, we'll go into this one here. And I mentioned on this particular index,
69	00:12:36,600 --> 00:12:42,750	we were in here. And on the second of August, I said, that wasn't gonna give you any prognostication because I was leaving you, I didn't want to leave something
70	00:12:42,750 --> 00:12:51,090	dangling for you to get tripped up. Because I already warned you that August is usually very sloppy. And it can hurt you. But I drew everyone's attention back
71	00:12:51,090 --> 00:13:00,690	to this little area right there. And and you're gonna learn all about this. This is what I call a volume imbalance. What is that? It sounds kind of cool. Well,
72	00:13:00,690 --> 00:13:10,680	it is it really is cool. This is also one of those points at which it proves the markets are algorithmic. And you won't find it in books, like often talk about
73	00:13:10,680 --> 00:13:18,030	it. Chris Laurie doesn't know about it at Les Williams never mentioned it, and all the other people out there that you ever hear and learn from, they're never
74	00:13:18,030 --> 00:13:28,170	going to hear anything about that before me released that in my private mentorship group. It was something I taught one on one to people that were
75	00:13:28,170 --> 00:13:41,220	trained by me in the late 90s, early 2000s. And that was one of the things I kept very guarded, okay, and there's a lot of other things that time based
76	00:13:41,220 --> 00:13:51,690	charts, which some gurus out there will tell you that you can't trust time based charts when I'm proving that that's a fallacy because time based charts are very
77	00:13:51,810 --> 00:14:02,610	helpful because the first mode of price delivery is time the algorithm is operating on the time. Okay? So whether you're looking at it from a hourly a
78	00:14:02,610 --> 00:14:12,330	minute basis, okay, based on a clock or calendar, because if you look at a calendar, that's still time, it's this measured over a long interval of days and
79	00:14:12,330 --> 00:14:26,940	weeks and months. So the first emphasis behind price delivery, and its foundation is time, when should price be moving. Okay. And you can think of it
80	00:14:26,940 --> 00:14:37,350	in terms of my kill zone theory, two to five o'clock in the morning, lunchtime, the local time, seven to 10 for New York session for forex 830 in the morning
81	00:14:37,350 --> 00:14:48,990	until 11 For index futures and 130 to four o'clock in the pm session for index futures. So, if you focus primarily on those four intervals or windows and time,
82	00:14:49,890 --> 00:15:00,720	your operating when the algorithm is likely to perform its normal macro and a macro is a shortlist of procedures and processes that cause it to do A run in
83	00:15:00,720 --> 00:15:15,150	price or rebalance, or reprice. So it's a matter of what you're looking for in the present context of the marketplace, and the present narrative, not trend,
84	00:15:15,510 --> 00:15:23,880	not higher, high, higher low market structure, because that's infancy as well. There's a lot more things going on, that needs to be understood. And
85	00:15:23,880 --> 00:15:34,710	unfortunately, my concepts are very, very complex to the neophyte, because it goes outside of what they probably read on baby pips or other trading websites
86	00:15:34,710 --> 00:15:46,560	or seen on other youtubers causes you to have to think and you have to change your mindset from thinking, buy low, sell, high overbought, oversold trendlines.
87	00:15:47,190 --> 00:15:59,730	Okay, to where we are in the present range. Where are we at seasonally? Where is the money being made right now? who's likely to be taken as a victim? What
88	00:15:59,730 --> 00:16:09,030	liquidity is in play right now? What are they reaching for? All those factors that bring in the calendar, the economic calendar, what events for the coming
89	00:16:09,030 --> 00:16:17,250	week or month are going to be heavy hitters and trends of medium or high impact news. And by putting all those things together with the concepts, I teach those
90	00:16:17,250 --> 00:16:27,000	price action signatures, you get this beautiful tapestry, where suddenly, it feels like you can predict the future. Now. Don't be lulled in thinking, you're
91	00:16:27,000 --> 00:16:34,200	going to watch these videos, and be able to walk out there next week. And this kill it note, it's going to do certain things, there's certain times of the
92	00:16:34,200 --> 00:16:48,300	month, certain times of the year, certain times of the season, whether it be a spring or fall, the markets likely to do certain things, it doesn't always do
93	00:16:48,300 --> 00:16:57,750	it. It's not 100%. But there is a seasonal influence that takes place on all intervals of time. But I shared with you the complexity that is the month of
94	00:16:57,750 --> 00:17:09,270	August, it can be generally very choppy, and it can beat you up. And if you're trying to catch sustained price moves, it'll probably beat you up before you see
95	00:17:09,270 --> 00:17:17,610	it unfold. And most times traders are too afraid to get back in because they've been slapped around, though through drawdown in the moves that would otherwise
96	00:17:17,610 --> 00:17:24,300	be expected because of the higher timeframe charts at ie this daily chart. And in the higher timeframe moves that would be derived from higher timeframe
97	00:17:24,390 --> 00:17:33,180	charts, like what we see here, the daily. This is what I gave you on August 1. Okay, so I don't delete the YouTube videos. I don't
98	00:17:34,680 --> 00:17:42,570	hide it. If I'm right, I'm right. If I'm wrong, I'm wrong. So go back and watch August 1, and you'll see that right in here. I've talked about the markets
99	00:17:42,570 --> 00:17:51,360	likely going down in between here, this range here between this candles close and this candle is open. Okay, that is a volume amount. I don't call it a volume
100	00:17:51,360 --> 00:17:58,050	imbalance. But my students in my private mentorship know that that is a volume imbalance. Hold that thought for right now. Because I know you're thinking,
101	00:17:58,050 --> 00:18:10,950	Okay, what is the volume imbalance and how I use it. You're going to learn the PV arrays that I taught my private group, because in August 22, I will start
102	00:18:10,980 --> 00:18:21,450	uploading my premium mentorship, core content lessons. So that way, all of you all around the world will have that language that I had to create. So that way
103	00:18:21,480 --> 00:18:28,380	my students could understand when I sit in front of a chart and I explain something, why it's likely to go where it's going to go, why am I entering here?
104	00:18:28,380 --> 00:18:40,410	Why am I putting a stoploss here, you can't understand that until you have the common language that is in many ways required because I can't lean on something
105	00:18:40,410 --> 00:18:50,370	that's existing in retail. And once you see what I've created and share with you, you'll know right away why this is absolutely completely unique to anything
106	00:18:50,370 --> 00:19:02,700	else you're going to see and why our results are exemplary. They're extraordinary because they are the market. I'm tapping you right in to what the
107	00:19:02,700 --> 00:19:13,710	algorithms doing. And I dare anybody to challenge what I've said in the past. And then look at your charts and see is right here. It's happening right here in
108	00:19:13,710 --> 00:19:24,690	front of all of you. Well, August 1, I mentioned that this area here you can go down into about midpoint that range or go down into this particular candles
109	00:19:24,690 --> 00:19:36,000	close right there. We see it trade down into it on the second of August and then the next day. I've left you now not promised to come back until later in the
110	00:19:36,000 --> 00:19:44,460	month on the 22nd of August. So the market trades down into this area. Next day we have a nice run up, left down close candle in that range. That's your order
111	00:19:44,460 --> 00:19:59,970	block. The market dips back down into this old high of the fair Vega find some support their trades into the order block again. Once more here rallies
112	00:20:00,000 --> 00:20:08,880	aggressive in trades into the area right here, which I mentioned was going to be the first objective. Once we went into this area here, it would go here. And
113	00:20:08,880 --> 00:20:22,080	then I said that it was likely to go up into here. What's it gravitating towards? That liquidity right there. Okay, this is all buys. So how many down
114	00:20:22,080 --> 00:20:30,450	days that we have from the time I gave you on August 1, saying that we would likely see this move drop down, and then run for here? In here. Let's count. The
115	00:20:30,450 --> 00:20:39,930	very next day on the second of August, we had a down day. That's one next day here. Is a bullish day, indecisive a down day down a down day, how many days is
116	00:20:39,930 --> 00:20:51,150	that against the bias I gave you on August 1? Multiple right. Now, do you understand why I don't like August, it can be very choppy. And this is the type
117	00:20:51,150 --> 00:20:59,580	of movement that if you're impatient, you're trying to push really hard, because you want this to work for you. You want to leave your job, you want to make ends
118	00:20:59,580 --> 00:21:06,390	meet when you don't really have the skill set yet. Nobody should be doing funded account challenges in the month of August. And I hate to break it to you. And
119	00:21:06,390 --> 00:21:14,130	some of you didn't want to listen to that. And some of you are paying the price. I have other students that done very, very well. And I've opened up dialogue on
120	00:21:14,130 --> 00:21:24,870	Twitter, asking basically one individual, but apparently there's a large number of you, if you have done these funded accounts, and you have been taking money
121	00:21:24,870 --> 00:21:30,780	out of the marketplace with what you've learned from this YouTube channel, or if you're a student of mine through my private group, and you've done that found
122	00:21:30,780 --> 00:21:39,450	that a challenge, and you have taken money from that account in real money terms, not like demo, not the evaluation phase. If you're really making ends
123	00:21:39,450 --> 00:21:46,050	meet, you're getting money out of that, I would absolutely love to talk with you. And I'd like to do about like 30 minute intervals. And I think the
124	00:21:46,050 --> 00:21:57,600	community would love to see that too. But it's just a potential series I want to do. And you know, it's really not meant to promise everyone's gonna be will do
125	00:21:57,600 --> 00:22:05,040	that. But I think it will be inspiring to other viewer, viewers like you to see that there are people that started just like you did. Okay, maybe you had
126	00:22:05,040 --> 00:22:11,850	doubts, maybe you were believing other people saying, I'm a scammer. I'm a fraud. I'm this I'm that. I'm giving it to you for free.
127	00:22:13,470 --> 00:22:22,680	That's all I'm doing is showing you that this is real. And I have no problem whatsoever proving it. Because I know it's real. I live this is my life, folks.
128	00:22:23,250 --> 00:22:34,530	So if I tell you this is what is likely to happen, the month of August is likely to be choppy if it's choppy is a high probability. No. But even with the
129	00:22:34,530 --> 00:22:43,980	choppiness here, going to the economic calendar looking for high impact or medium impact, specifically high impact. If you focus on those days, and you
130	00:22:43,980 --> 00:22:52,890	understand what the higher timeframe order flow is doing, it's going higher. We've outlined that to go here and here. See it drawing up to that level? That's
131	00:22:52,890 --> 00:23:05,820	bias. Where are the big days? Where's the big range? Candles? Are the black or green? Are they downloads are they up close? Pose? indecisive, small little
132	00:23:06,000 --> 00:23:16,320	whipsaw days. But down close, you see that? That's all chopped, that's synonymous with August trading, that's called Summer doldrums is lots of folks
133	00:23:16,320 --> 00:23:25,290	out there on YouTube that are trying to make it out as a live streamer. And here's a few of them I'm supporting, I'm cheering them on, I think that they
134	00:23:25,290 --> 00:23:34,380	have a lot of guts, a lot of Moxie to be out there doing that. And it's unfortunate, watch them get frustrated, because they're trying to do something
135	00:23:34,410 --> 00:23:44,580	in markets that are not likely to do what you want them to do. That's what three decades of experience has brought me. I know where things are likely to cause me
136	00:23:44,580 --> 00:23:53,670	to go into a tailspin. And that gives me longevity, it gives me wisdom, that the average person to just simply doesn't know because they haven't been doing it
137	00:23:53,670 --> 00:24:01,440	long enough. They haven't lost enough money. But learn those types of lessons. And that's why I teach the way I teach because I want you to understand that.
138	00:24:02,640 --> 00:24:12,990	There's validity behind the things I'm teaching you. I've shown it with live accounts. I've done it with demo for a decade. And I've hundreds of 1000s of
139	00:24:12,990 --> 00:24:22,140	students that can verify and vouch for the fact that I've called it, I've explained it, I've traded it, I did it live, I've done it in all types of
140	00:24:22,140 --> 00:24:31,320	markets. And one of the most important things and characteristics as a mentor that differentiates me from most, if not everyone else, is I know when not to be
141	00:24:31,320 --> 00:24:47,730	doing something and that also proves the understanding of the algorithm because I know what's likely to occur, seasonality time of day, day of week, day of
142	00:24:47,730 --> 00:25:02,220	month, that stuff I keep private and by the minute again that I keep private. Taking all that aside And I know some of you get mad when I say that, Oh, you'd
143	00:25:02,220 --> 00:25:11,280	like to bring them up all the time like you don't, because I'm emphasizing that these markets are algorithmic. They don't operate on Elliott Wave or harmonic,
144	00:25:11,610 --> 00:25:21,840	that's just randomness, you're going in looking for that the market is not looking at harmonic, the market is not looking at Fibonacci, this and Fibonacci,
145	00:25:21,840 --> 00:25:30,120	that it's not looking at supply and demand, it's not buying and selling pressure, these things are going where the market has an inefficiency. Price
146	00:25:30,120 --> 00:25:43,830	will redeliver back to that. Or it's going to move to where orders would be resting in the form of liquidity. It cannot see your border period. It knows
147	00:25:43,860 --> 00:25:55,050	based on previous movements and ranges, an open high, low and close, which is why I say all the time, the open high, low close is all you need. You don't need
148	00:25:55,050 --> 00:26:04,530	indicators. You don't need those things because that is going to whip and torture the data, which is the open high, low and close. You can make it say
149	00:26:04,530 --> 00:26:15,720	anything in hindsight. But it's unbelievably impossible to be consistent looking at indicators continuously give you precision, your you're creating a religion
150	00:26:15,720 --> 00:26:25,620	based trading model, because you're holding to the idea that these indicators are going to tell you something that's logical when the only thing is done is
151	00:26:25,620 --> 00:26:33,060	take data that has already happened and been provided to the marketplace in the form of the open High, Low, Close. And it's true torturing it and beating it
152	00:26:33,060 --> 00:26:44,220	into some mathematic formula to spit out some kind of punitive line, or some kind of projection based on math. And none of that is what makes these markets
153	00:26:44,220 --> 00:26:54,390	book where they book and how they book period. I don't care who you are, I don't care if you worked on the floor. I have floor traders in my group, saying this
154	00:26:54,390 --> 00:26:59,040	is unbelievable information. How did you come across this? Hello.
155	00:27:01,680 --> 00:27:14,700	I got investment bankers in my group. This is unbelievable. And then they see it over and over and over again. And they're convinced, folks, it's fun for me to
156	00:27:14,700 --> 00:27:23,250	be doing this is extremely entertaining. Plus, it's fulfilling because I know you're learning the real intricate components that how these markets really
157	00:27:23,250 --> 00:27:36,060	trade, how they really booked price. And it's consistent. Is it unfolding like I outlined is your charts similar to this one? Was I on the tightrope walking with
158	00:27:36,060 --> 00:27:46,350	you the first day of August before I left you all and put it out there, here's what we're looking for. And here it is. You don't want to be trading every
159	00:27:46,350 --> 00:27:56,550	single day in August. In fact, you probably shouldn't like I sold you all just simply take a vacation, don't trade. I know it's hard. It's impulsive for you,
160	00:27:57,000 --> 00:28:09,990	as a new trader to be doing something. But understand doing something in August is doing nothing. The act of doing nothing, you're doing something, you're
161	00:28:09,990 --> 00:28:23,760	practicing stillness, being still. And that's a winning trade all the time. I have unfortunately witnessed a few people scrolling through Twitter. And the
162	00:28:23,760 --> 00:28:32,760	regret I wish I would have listened to see that's the type of thing I'm trying to avoid. I'm not an exciting mentor, I'm not going to go out here and do
163	00:28:32,760 --> 00:28:43,830	backflips at local parks. Okay, I'm not going to be out here, you showing you everything in my personal life just to make you feel like I'm a hero. I'm going
164	00:28:43,830 --> 00:28:54,690	to bore the living daylights out of you exactly how your market trading model should be for you. Boring. That's the goal, you want it boring. And then when
165	00:28:54,690 --> 00:29:03,030	you make money, then you go and do the exciting things with that however your heart desires. I'm not promising you that I'm promising you that I'm going to
166	00:29:03,030 --> 00:29:13,980	teach you exactly how these markets book, it's going to be a level of precision that is on rivaled. There is nothing out there like this. There is nothing
167	00:29:14,430 --> 00:29:24,270	that's going to ever come close to this because this is the market. You can't get better than here's the high here's the low and it trades to it. Exactly. And
168	00:29:24,270 --> 00:29:34,920	stops, turns around and goes the only direction. Math based indicators are not going to consistently deliver that algorithmic principles and theory and
169	00:29:34,920 --> 00:29:44,880	understanding about how these markets book when I say how they book when they print these candles and they offer the high and the low every interval that's
170	00:29:44,880 --> 00:29:59,010	absolutely controlled at all times. Do you honestly believe that these markets and those individuals that are in control them are gonna let us the public that
171	00:29:59,250 --> 00:30:12,450	the enormous potential if it was really our buying and selling pressure, we could crash these markets, or send them to the moon in any given time. Isn't it
172	00:30:12,450 --> 00:30:21,570	interesting that it never really happened? Again, think about the group that was on Reddit, they were going to take control the markets, they were going to beat
173	00:30:21,570 --> 00:30:34,920	up the billionaire hedge funds. Folks, you can't beat this game like that. You have to look at who is the victim right now. And unfortunately, you either have
174	00:30:34,920 --> 00:30:47,010	to be part of that hunting pack that goes and attacks the herd, and targets its weakest member and devour it. So you can eat and survive. Or you're part of the
175	00:30:47,010 --> 00:31:02,730	herd. So which is it? Are you the one with the teeth? Are you the one with the bite marks. That's what this is all about. You are liquidity. Or you're hunting
176	00:31:02,880 --> 00:31:17,970	that liquidity. That's the way it is. It's predator and prey. And many times new traders don't see it that way. They see it as a lottery. Or it's easy, because
177	00:31:17,970 --> 00:31:26,190	it's an indicator thing. It just tells me when to buy and when to sell. And you don't see that panning out. You see people blowing accounts, you see people
178	00:31:26,550 --> 00:31:37,680	hopping and jumping around to different systems, different educators different mentors. You have to go to a source that's able to show it to you with great
179	00:31:37,680 --> 00:31:55,050	detail in 4k resolution. You're seeing it right here. No plan B. No, well didn't work this time. But trust me still. It either works or it doesn't. And I leave
180	00:31:55,050 --> 00:31:56,160	that up to you as the viewer.
181	00:31:58,170 --> 00:32:10,140	If what I'm showing you works, and I'm confident you see that it works. Don't be discouraged because you know that I can show it to you. And you can't replicate
182	00:32:10,140 --> 00:32:21,210	it in your own trading it that's a normal thing for someone that's just starting in this. Again, you're dabbling with the most difficult thing to learn. It's
183	00:32:21,210 --> 00:32:29,070	highly technical, and it's a mirror, it's going to show a lot of things about you as a trader that you don't want to see, you want to ignore it their
184	00:32:29,070 --> 00:32:42,810	character flaws in 90% of failure stems from that very aspect of trading. These markets will show you where you are weak. And you don't want to identify that
185	00:32:42,810 --> 00:32:48,420	weakness to overcome it, you want to pretend it doesn't exist. And just keep putting more money in here and hope it's because I'm gonna give you a different
186	00:32:48,420 --> 00:32:59,640	result. And guess what, that's the definition of insanity. Doing the same thing over and over again expecting a different result. So take a quick look at Nick
187	00:32:59,640 --> 00:33:12,750	that can wrap this along. Stick. Alright, similar fashion. NASDAQ's a little bit ahead of the game here. We're just about running. It's relatively equal highs
188	00:33:12,810 --> 00:33:21,120	comfortably here. And we'll probably see that probably on Sundays opening up, open up above that, and we'll see what we get after that. But once it gets to
189	00:33:21,120 --> 00:33:30,600	these levels, like on NASDAQ here and E Mini s&p, as I mentioned on its daily chart before coming here, once it goes here, do I have an immediate idea what
190	00:33:30,600 --> 00:33:40,440	it's going to do next now? I sit still and I take in what the markets likely to do. And I studying? Does it want to continue? Does it want to reverse? Will it
191	00:33:40,440 --> 00:33:49,710	likely consolidating stay sideways? That's one of those things that traders think that there's always something to do right away the opposite? Okay, it's
192	00:33:49,710 --> 00:33:58,170	been going up, it went to where we thought was going to go now it's time to sell short No, it does not mean that it does not mean that at all. See your your
193	00:33:58,170 --> 00:34:10,380	expectations are misaligned. Because you hear and you see people claim to be able to do things that they really can't do. I'm not claiming I'm going to know
194	00:34:10,380 --> 00:34:17,820	what the markets going to do once it gets here. I just need to know that that's what's going to likely happen right now the current time on a daily chart, is
195	00:34:17,820 --> 00:34:27,150	this a one minute chart? This is a scalp? This is day trading? No, no, this is a higher time frame analysis. So if you are a swing trader or short term trader,
196	00:34:27,360 --> 00:34:34,620	you could be utilizing these things for setups you don't need to be in one minute charts scalping. And you can get funded accounts and make money and make
197	00:34:34,620 --> 00:34:45,810	ends meet following a higher timeframe order flow strategy. Not even mine. If you can read a daily chart, you can tree a one minute chart, because it's the
198	00:34:45,810 --> 00:34:54,990	same thing. Price is fractal. So everything I'm showing you here how to hate the fact that this is a daily chart and what this market was and I said he sent me
199	00:34:54,990 --> 00:35:03,090	this chart here and I miss called it on purpose and refer to it as a one minute chart. None of you You would really have a hard time with just taking my word on
200	00:35:03,090 --> 00:35:09,300	the fact that whatever I call this chart, whatever timeframe I call it, you're just gonna look at the signatures I've been teaching you. And that's great.
201	00:35:09,810 --> 00:35:17,550	Because you're not looking at a specific favorite timeframe, I get a lot of questions from new students or new members in the community that we're building
202	00:35:17,550 --> 00:35:26,850	here on YouTube. And thank you very, very much. I just noticed this morning, I mentioned on Twitter at 305,000 new students here, and I am absolutely blown
203	00:35:26,850 --> 00:35:37,170	away with the, the interest, you know, I kind of figured we would grow, but like, I thought, by the end of the year, it had like 300,000, and it just keeps
204	00:35:37,170 --> 00:35:48,030	growing faster and faster. I'm very, very pleased. I'm humbled, and honored to be your mentor, and excites me to know that this is a community that's growing,
205	00:35:48,180 --> 00:35:56,490	and it's catching fire, and I'd love it. And for those that you'd like to share my content links and, and talk about the channel and, and bring on the people
206	00:35:56,490 --> 00:36:04,410	here, thank you for that. Appreciate that. And you're gonna be helping other people out there, save a lot of money and frustration by doing so. So anyway,
207	00:36:04,980 --> 00:36:17,520	the NASDAQ, we're real close to hitting that quarter block here. We dropped down until here. Now see, here's one of those times where it says, Well, this is just
208	00:36:17,550 --> 00:36:25,770	old Support Resistance. No, there's gonna be lots of times you're gonna see me talk about certain setups, that it doesn't come back to that old high, like it
209	00:36:25,770 --> 00:36:34,230	does here. Sometimes it will come just to that right here, and then create that ticker run into like, Well, they didn't go down there. And that's when the
210	00:36:34,380 --> 00:36:44,370	detractors that like to say the things I'm teaching you here are simply rooted on retail logic. They don't have any say then. But I taught there are times when
211	00:36:44,370 --> 00:36:53,940	the market will go back to these levels here. Why might we expect it to be a factor with a trace down to that here, we make that a significant price level
212	00:36:53,940 --> 00:36:57,960	for it to what offer support? Well look at
213	00:36:59,970 --> 00:37:13,140	low, high, lower low, this is my bullish breaker. And that's where you get reaction there. So all these things I teach, it helps you find where real
214	00:37:13,140 --> 00:37:22,860	support resistance is. And it's not always going to be your favorite book about technical analysis, or your favorite teacher or educator, and their idea of
215	00:37:22,860 --> 00:37:33,630	support or resistance. And I'm not trying to claim to be the best educator, I'm not the best educator I've learned over time to teach better, because I
216	00:37:33,630 --> 00:37:43,800	certainly believe I do teach better than I first started. But I don't think I'm that good of a teacher, practical realist. Okay, I just know that I'm not the
217	00:37:43,800 --> 00:37:56,400	best educator, I'm not the best teacher. I do believe I have the best concepts, because it's more closely related to how price is likely to deliver and book in
218	00:37:56,460 --> 00:38:05,820	print on your charts than any other logic out there. Everything else out there is kind of like guessing. And there's certain times where certain things get in
219	00:38:05,820 --> 00:38:18,300	alignment where it's not a guess here. It's not infallible. I'm not infallible. But it's such a degree of probability that is in favor of it painting out versus
220	00:38:18,660 --> 00:38:30,000	it's so unlikely that it's going to fail. That's how I frame high probability. And that doesn't make sense for someone that's a new student or a casual viewer,
221	00:38:30,240 --> 00:38:39,390	like, that's ambiguous, like how do I how do I take that information and plug it into something that's tangible? I can, I can measure it and see it? Well, that's
222	00:38:39,480 --> 00:38:47,940	up to you to go through the charts and the things I'm teaching, because if it doesn't hold up, and you found your answer, move along, and go chase something
223	00:38:47,940 --> 00:38:56,550	else. But for the individuals that let me go in and put the time into back testing and studying on price moves, and the things I teach to take place and
224	00:38:56,550 --> 00:39:03,960	look at what I'm doing beforehand, I'm giving you analysis on calling where the markets gonna go why it should do it. That's the important thing. I'm not just
225	00:39:03,990 --> 00:39:11,280	throwing a dart saying, well, it's going up what's going up. So it's probably gonna go up the old high over here, just simply because that's common knowledge
226	00:39:11,280 --> 00:39:22,050	and common sense. I'm giving you the framework, why it should go down into these areas here. breakingly to go higher. There's the difference between that it's
227	00:39:22,140 --> 00:39:29,220	not me simply giving you a plan a plan B, I'm telling you where I think it's gonna go. I'm telling you why it should do it. I'm telling you how the market
228	00:39:29,220 --> 00:39:40,470	will book. And then in between all these reference points from getting into this area here where there's a volume imbalance from that by to going above here,
229	00:39:40,710 --> 00:39:55,890	you're framing your day trades and short term trades. With that bias in mind, again, how many down days do we have? We have 1234 down days, five down days.
230	00:39:56,550 --> 00:40:09,540	But what is the ranges in terms of the greatest magnitude or The updates are down days. Big up day, continuation stall, big up day, and then big up day. So
231	00:40:09,600 --> 00:40:18,720	the main major range expansions are occurring in what inside the bullish bias that I've given you for free. I've taught you the logic as to why my bullish
232	00:40:18,720 --> 00:40:33,300	bias was even considered. And you're watching it unfold. This is just one more incident of what's been going on. For decades. This is what's been going on in
233	00:40:33,300 --> 00:40:44,790	my private group for years. And now I'm sharing it with you, and showing you all the folks that are going to try to do their best. They're going to do their
234	00:40:44,790 --> 00:40:54,240	best, especially once they see what I'm giving away. Starting on August 22, there's going to be a lot more hatred towards me. A lot more trolls, a lot more
235	00:40:54,240 --> 00:41:03,600	misinformation, a lot more lies made about things that never took place. They take things twisted up and try to make some kind of narrative for you to not
236	00:41:03,750 --> 00:41:15,900	like or trust me. They want to incite a Kancil culture movement against go YCT. But I want you to remember something in closing. I purposely no one shut me
237	00:41:15,900 --> 00:41:30,510	down. I purposely left multi million dollar income for teaching. I laid that down to come right here to talk to you. For free. Do you have to sit through a
238	00:41:30,510 --> 00:41:45,960	couple ads sometimes that are not that much in terms of time? Yeah. Yeah, I think I think it's not asking too much. Did you pay for it? No. Am I
239	00:41:47,970 --> 00:41:57,960	consistently delivering content? Yes. Am I proven that it works? Yes. Have I shown you a live account? Yes. Am I still showing you consistency and precision?
240	00:41:58,050 --> 00:41:58,740	Yes.
241	00:42:01,050 --> 00:42:08,700	I'm not selling you something, there is not going to be another paid mentorship group, you cannot expect me to give you something where you're going to pay me
242	00:42:08,730 --> 00:42:19,650	I'm going to teach you that that doesn't exist. I'm done with that. I don't need anyone's money. I love doing this. So when you see all these people out there
243	00:42:19,650 --> 00:42:29,490	talk all this nonsense, oh, I can beat him to competition. I'm waiting. I'm waiting. So just measure all that stuff. What the reality that I'm sharing with
244	00:42:29,490 --> 00:42:41,610	you, okay? Because the world's about to get really, really hard. And for some scary, and it's going to make them act irrationally. And they're going to lash
245	00:42:41,610 --> 00:42:49,050	out. And for the individuals that were in my private group that were taking my information and selling it, and repackaging and making their own little
246	00:42:49,050 --> 00:42:57,570	mentorship and parroting what I would say. So it sounds like they're smart when the suckers in victims that they sold to who don't know me. They think that
247	00:42:57,570 --> 00:43:08,280	they're smart, that they created the concepts and the logic and the methodology behind all this that I teach you. When it's me, I'm the source of that. And the
248	00:43:08,280 --> 00:43:21,360	reason why I'm doing it for free, because I'm removing that market for frauds, that taken my life's work, the things that I had suffered, and endured, and been
249	00:43:21,360 --> 00:43:35,010	blessed to receive. And with the promise that I would continuously teach. So I'm pouring myself out, I'm doing that, for your benefit. I could be making millions
250	00:43:35,010 --> 00:43:46,650	of dollars every single month, all over again, for in perpetuity like it could just simply go on as much as I want to do it. Ask any of these 20 year olds, if
251	00:43:46,650 --> 00:43:56,700	they would stop trying to collect their money for their teachings and their mentorship never happen? Because they're not really fluent. They're really not
252	00:43:56,730 --> 00:44:06,840	wealthy. They really don't have the faith that what they can do in the markets are consistent enough to keep them doing what they're doing. So who do you
253	00:44:06,840 --> 00:44:16,290	really want to learn from someone that says I can make lots of money making millions really off of just talking like I'm talking to you right here, doing
254	00:44:16,290 --> 00:44:25,740	the same thing you've watched me do here, and people would still pay? I could put a PayPal link up right in the comment section of this video. And it would be
255	00:44:27,990 --> 00:44:37,110	assaulted, with people piling in and I said, Look, I'm gonna do another mentorship. I'm not why is it so hard for you to believe that I'm not doing it?
256	00:44:37,650 --> 00:44:50,550	I don't need to. And honestly, isn't it better like this doesn't feel good. This please sit down with someone that loves doing this. And I'm passionate about
257	00:44:50,550 --> 00:45:00,120	your success. I want you to do well. I really want you to do well. Nothing would bring me more pleasure than know that you carve out this skill set for you it
258	00:45:00,600 --> 00:45:10,110	and you learn it well, and you can pass it on to your children. That's wonderful. And I've been talking about in the N series, which will continue the
259	00:45:10,110 --> 00:45:19,080	week of August 22. That Friday, episode three will be there. And the following Friday will be the last one in the series. But I've been talking about how you
260	00:45:19,080 --> 00:45:28,170	don't need to trade with live money and still come up with a business income, multiple streams of business income. If you learn this skill set of reading the
261	00:45:28,170 --> 00:45:39,420	price charts, reading price charts is not trading. But there is a huge market for people out there that are looking for someone that can just do it well, and
262	00:45:39,420 --> 00:45:50,040	they can learn from somebody that see what it's likely to do before it happens. If you develop this skill set, which I'm teaching you for free, I'm giving you
263	00:45:50,820 --> 00:46:05,580	an ATM with the pin code with unlimited profit potential. Not without risk, you're going to lose money. But you have the potential to carve this into an
264	00:46:05,580 --> 00:46:20,730	enterprise and who's going to stop you. You that's all just you, but that you that you stare at in the mirror, that's a formidable adversary. That person you
265	00:46:20,730 --> 00:46:30,810	think that isn't good enough to trade and make money right now. That person is a Titan, stand in your way, causing you to doubt yourself.
266	00:46:32,340 --> 00:46:39,510	You got to make friends with that person in the mirror. forgive the person in the mirror for not knowing everything right now. Or as fast as you want them to
267	00:46:39,510 --> 00:46:46,290	know everything. You don't need to know everything, you just need to know the model that you're looking for. And you won't know that until you start going
268	00:46:46,290 --> 00:46:56,640	into the price action. And you start seeing and studying the paid content, core lessons that my private membership got all 12 months. That's what I'm giving
269	00:46:56,640 --> 00:47:08,040	away for free. Because once you have that, you'll understand more when I talk about things in these lectures, it'll be more meaningful to you. It's important
270	00:47:08,040 --> 00:47:19,860	for you not to rush through it. Don't rush, don't try to go to the next video real quick. Take your time, every one of my paid group students that failed.
271	00:47:21,030 --> 00:47:30,990	They were the ones that rushed. They went through countless videos in one day, don't do that. You can't retain all of it, you're going to see that there's
272	00:47:30,990 --> 00:47:38,250	going to be things in these lectures and lessons that's going to require you to go into the chart. If you go right into the next video, did you really learn?
273	00:47:38,820 --> 00:47:47,310	Did you really do what I've told you to do in the previous video? No, you didn't. So when it doesn't give you the expectation, or the results you thought
274	00:47:47,310 --> 00:47:57,840	you're gonna get by watching the video like Netflix. Don't be discouraged or surprised when the result that you're hoping to get to simply by watching as a
275	00:47:57,840 --> 00:48:10,980	spectator like I'm not entertaining you. I'm not an entertainer. I'm educating you. I'm 50 years old. I don't use a cane. Okay, I'm not decrepit. But I'm short
276	00:48:10,980 --> 00:48:21,930	on patience for people that are impatient. So you're going to take a lot of effort and time on your timing, how you're gonna digest the information, but
277	00:48:21,930 --> 00:48:36,570	expect to spend a year one year going through that content. If you do it like that, I promise you, you will know more about yourself that stood in the way of
278	00:48:36,570 --> 00:48:47,940	your success than you ever would have. And you will know how to read price without me. Without me pointing to something, explain something, you will not be
279	00:48:47,940 --> 00:49:00,990	chained to me. And guess what that does. It gives you independence. There is no software program that you have to keep paying me to use. That's not the secret.
280	00:49:01,620 --> 00:49:14,670	That's a gimmick. That's a person's ability to make money and fleece you every single year. Regardless of their free trial, you can have it right now because
281	00:49:14,670 --> 00:49:25,110	you're broke. But when you keep using it a little while longer, you better be paying me. And if you rely on that system or that software package to make you
282	00:49:25,110 --> 00:49:37,050	your money or help you with your decision making. You're a slave to the other guy. Am not selling you anything. I'm giving you an independent thought process
283	00:49:37,200 --> 00:49:45,330	that takes you right into the marketplace that nobody will take you to this level of precision. Nobody. If you're listening in you, maybe from Goldman
284	00:49:45,330 --> 00:49:56,580	Sachs, JP Morgan, I would love for you to prove what I'm showing you here isn't true. Or if you want to come out here and give me your high level top tier
285	00:49:56,580 --> 00:50:05,700	analysis. Contrast that with mine. I'll walk as long as you want to walk with it, and we'll see who knows what. I can walk these markets like on a short
286	00:50:05,700 --> 00:50:18,300	leash. And I could come out here and be the arrogant jerk, like I was in the 90s. And that would, that would be like a tick tock version of ICT. I don't want
287	00:50:18,300 --> 00:50:28,770	to be like that. Because that creates the wrong expectation. I want to come to you in this capacity where it's like, I live with this. I'm not surprised. And
288	00:50:28,770 --> 00:50:36,480	the market does something like Oh, my goodness, look at that. We kind of did that. Where'd that come from? I don't know if this thing's doing. Those thoughts
289	00:50:36,480 --> 00:50:46,800	are not my thoughts. I'm bored. This stuff is the same stuff. And the only entertainment I get out of this is seeing new students come to the realization
290	00:50:46,800 --> 00:50:58,020	that this is absolutely controlled. It's predictable. It's not noise. And it's consistent. And that's the reason why my slogan is what it is, every week, every
291	00:50:58,020 --> 00:51:10,140	day. And it won't stop. The algorithms not going to stop until the markets are no longer there. That's when it stops. There's so much more to this than you
292	00:51:10,140 --> 00:51:20,520	don't even realize this just the scratch of the surface. That's it. It goes much deeper than this. But this was the language I had to create. So that way it
293	00:51:20,520 --> 00:51:33,210	could be made available to John Q Public, Jane Doe, John Doe, the average person, and I can speak freely in this language that I had created. But
294	00:51:35,520 --> 00:51:44,910	you're welcome to doubt it, you're welcome to have all these conjectures about why I do things, why I don't do things, why I teach the way I teach and why I
295	00:51:44,910 --> 00:51:58,650	won't do what you want me to do. You don't only my paid student group doesn't own me. I am my own individual person. And the choices I make, I have to live
296	00:51:58,650 --> 00:52:12,540	with them. And I have been very, very patient with the individuals that took advantage of the content that I was creating in a private private group. And
297	00:52:12,540 --> 00:52:20,940	this is my way of telling them I promised you if you kept building it, I would do this for free. And those individuals that paid and went through the core
298	00:52:20,940 --> 00:52:33,240	content and lessons and lectures, real time with me in a group you had what you paid for it. You watched me call it live. You watched me outline I taught you I
299	00:52:33,240 --> 00:52:40,650	gave you the lessons, and I even told you to download these videos every single day. When you got new ones. Before you watch them, download them, sadly, you
300	00:52:40,650 --> 00:52:50,400	save them to a external hard drives, how will you have it for your children pass it down? Most of them didn't listen. So when I discontinued the videos in the
301	00:52:50,400 --> 00:52:59,670	private group, they weren't prepared for that. Even though I told him for a year, do that get ready, I'm not going to keep the videos up. lifetime access is
302	00:52:59,670 --> 00:53:09,270	you downloading them, I'm giving you my permission to take the videos and download them. So for those individuals that didn't do that, you're gonna have
303	00:53:09,270 --> 00:53:21,270	these videos accessible on YouTube, you had the experience of being with me every single day, every single day, when the original group signed up, they were
304	00:53:21,270 --> 00:53:31,920	only gonna get Wednesday and Friday videos. That's it. That's it, it's all they were gonna get an eight lessons each month. That's all mentorship was, and it
305	00:53:31,920 --> 00:53:40,470	morphed into every day. And it became so much in terms of videos, get bogged down a lot of students and there's like this is too much, I can't even keep up
306	00:53:40,470 --> 00:53:48,960	with this content. Well, that's what it's like when you're drinking from a firehose, I got three decades doing this. And it's not your mom and pops retail
307	00:53:48,960 --> 00:54:03,210	concepts. It's stuff that's very, very technical. It takes a lot of more study. And the average person isn't going to want to put this much work into it. They
308	00:54:03,210 --> 00:54:08,970	don't want to be a freak, they just want to make money. They just want to make a little bit of money, something simple. I've already given that to you on this
309	00:54:08,970 --> 00:54:19,860	YouTube channel in the mentorship for 2022. That free mentorship. That is the easiest, easiest way for me to sit down and say, here's how I know how to train
310	00:54:19,860 --> 00:54:29,160	you to look for a setup that repeats every week. It's up to you to subscribe whether or not that fits you. But in my opinion out of all the things I taught
311	00:54:29,580 --> 00:54:39,840	in private group lectures, this was how any one of my students could have said okay, he taught a PDE array in the form of a fair value gap. I understand
312	00:54:40,080 --> 00:54:48,900	premium discount understand order flow understand market structure understand seasonal tendencies, I understand how the pdra matrix points to where the next
313	00:54:48,900 --> 00:55:05,250	pool of liquidity or imbalance needs to be re delivered to. So how am I going to formulate a model that simple easy Not requiring a lot of mental acrobatics that
314	00:55:05,280 --> 00:55:16,470	to follow. And it's easy to spot. They could have done that with the breaker pattern of mine, instead of a Faraday gap. But the fear of a gap to me I think
315	00:55:16,470 --> 00:55:27,600	is a visual piece of candy that's laying in your chart that you've never noticed before. Isn't it fun looking at like, I've looked at the charts, I've never saw
316	00:55:27,600 --> 00:55:42,630	that before, right? It's always there. When I discovered this aspect of price action, I literally went back to the 1960s and 70s, those charts before, you
317	00:55:42,630 --> 00:55:53,760	know, I was even alive, I was born 1972. And I saw how price was doing these very same things. I'm like, What the heck, this stuff is, like it's always
318	00:55:53,760 --> 00:56:06,570	there, but you're not taught to see it. So if you're not looking for it, well, it's invisible. To the untrained eye, to the uninitiated, it's non existent.
319	00:56:07,410 --> 00:56:20,310	It's made up. It's a fraud. It's a scam. It's a lie. But it's not. It's this simple, you don't know what you're looking for. But once your eyes has been
320	00:56:20,310 --> 00:56:29,460	trained, and you know, you're looking for the logic of why you should be looking for it and considering it anyway, then suddenly, these charts look totally
321	00:56:29,460 --> 00:56:32,280	different. absolutely different.
322	00:56:34,200 --> 00:56:42,720	One of the benefits of keeping a journal. And I'll keep saying, I'm going to close this video, but this is how it's like. I haven't been around to talk a
323	00:56:42,720 --> 00:56:51,900	little bit. If you go back through your journal, if you haven't kept one, you really don't have the benefit of doing this. But for those that have a journal
324	00:56:51,900 --> 00:56:59,310	and the journal, screenshots of your trade, why you took the trade, what was the reasons for you to go in and look for the setup pain out that we thought it was
325	00:56:59,790 --> 00:57:11,760	likely to when you fail, or if you had failures, and you've lost real money, or you had a losing trade with a demo. And now you've learned how to do what I've
326	00:57:11,760 --> 00:57:22,620	taught for free in this mentorship on YouTube. You'll see that there that you get right there, and your trade won't be anywhere near. And many times, you're
327	00:57:22,620 --> 00:57:34,020	gonna be doing something opposite to what I've taught in this mentorship. That, to me, is one of the coolest things to see people transition from, I don't know
328	00:57:34,020 --> 00:57:43,680	why I'm losing. And I don't know why I can't make money to wow, I can see why I was losing. And now I understand why I'm making money. I understand why I'm
329	00:57:43,680 --> 00:57:55,110	right now, and I'm not upset when I'm wrong. You see the difference there. That's a paradigm shift. That's a circumstance that you really can't appreciate,
330	00:57:55,410 --> 00:58:05,220	or understand until it happens to you. When you have that epiphany, that moment of astonishment where, wow, I don't need to trade every day. And I just need to
331	00:58:05,220 --> 00:58:15,180	wait for the right conditions and when they occur. And these things formulate a repeating phenomenon that I've covered in the mentorship. The fair value gap,
332	00:58:15,210 --> 00:58:22,650	the whole business. It's easy. You know what you're looking for. And if it's not there, guess what you're not doing you're not trading you're not taking on risk.
333	00:58:23,550 --> 00:58:30,900	But if you could trade and take the risk and you take a loss, it doesn't mean it's broken just means that you did something wrong in this take the next step.
334	00:58:32,970 --> 00:58:39,480	So if we found this one insightful and inspiring I'll talk to you again Lord willing on August 22. Until then, be safe