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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