ICT YT - 2023-01-05 - Deep Learning On Nasdaq Futures Trade - January 04 2023
Last modified by Drunk Monkey on 2023-09-26 13:32
Outline
00:00 - Nasdaq 100 Futures Daily Chart -.
02:52 - What are some of the elements I look for in these markets that are repeating?
08:41 - How to use these charts to get a better understanding.
12:44 - The importance of having a watermark on your videos.
19:22 - How to use the dow futures for analysis -.
24:31 - What happens when the market moves to the right in time.
30:00 - What is a fair value gap? -.
35:13 - One good set-up per week.
41:18 - Fear of a gap in the market.
47:20 - Retail traders don’t trust this bull flag.
52:01 - What’s going on in this video.
58:40 - Sloppy days are hard to work with -.
01:04:04 - How to use the candlestick chart to see if you’re running down equity -.
01:10:48 - Why you shouldn’t trade this late on FOMC -.
01:16:54 - Why you need to be in a market that catches your teeth on.
01:21:44 - Why I don’t want to show you every single trade.
01:26:57 - If you don’t have the opportunity to trade the US futures market, you’re not going to study it.
Transcription
| 1 | 00:00:00 --> 00:00:09 | ICT: Hi, folks, welcome back. We're gonna be looking at the NASDAQ 100 futures March delivery contract for 2023 is their daily chart. And let's get right into |
| 2 | 00:00:11 --> 00:00:30 | the volume imbalance here. And this is a level I had in mind. For Wednesday's trading, I was expecting you to trade up into that. Now it's the body close to |
| 3 | 00:00:30 --> 00:00:41 | body opening with this single pass through here. And what makes this alignment bounce back if you look at the low of this candle, here, I mean, this other way, |
| 4 | 00:00:41 --> 00:00:57 | this candles low that wick in this candles high that wick in this candles, wick, all of this price action in here was closed in simply with the whips. Nobody's |
| 5 | 00:00:57 --> 00:01:10 | okay. So because of that my eye was drawn to that. And the algorithm will let that refer to those types of price points. Before we get any further, I know |
| 6 | 00:01:10 --> 00:01:21 | some of you are chomping at the bit for for ex con commentary insights. More or less keeping your attention until we get to February 7. And as I mentioned, |
| 7 | 00:01:21 --> 00:01:37 | we'll be doing daily analysis on Euro dollar pound dollar dollar index, in addition to obviously the Nasdaq futures and es Emini s&p futures, I'm not |
| 8 | 00:01:37 --> 00:01:46 | really doing anything more than that. I'm not a crypto trader. So I had no interest in commenting on crypto. So I apologize if you've been waiting around |
| 9 | 00:01:46 --> 00:01:59 | for that I don't really cover that that asset class, if you will. Alright, so with this in mind, I was anticipating a likely run up into this one down. So |
| 10 | 00:01:59 --> 00:02:05 | when we see this shaded area here, that color, chopping down the lower timeframes, which we'll do now on the 60 minute. |
| 11 | 00:02:11 --> 00:02:21 | Okay, and before I get into it any further, there is something I want to bring to your attention because this is exactly what I teach my students. If you went |
| 12 | 00:02:21 --> 00:02:35 | through the content, also on my YouTube channel for core content, month one through 12, which is my premium mentorship, core lessons. I teach and had |
| 13 | 00:02:35 --> 00:02:45 | taught, and always have taught that my students should be only focusing on Monday, Tuesday and Wednesday up to New York session for trading on Non Farm |
| 14 | 00:02:45 --> 00:02:57 | Payroll weeks. So Non Farm Payroll is the week, typically the first week of every month. And on that Friday, employment numbers come in. On Thursday, and |
| 15 | 00:02:57 --> 00:03:10 | Friday of that week, it tends to be a little choppy, a little less likely to be as precise as one would expect or hope for. And the same thing occurs usually |
| 16 | 00:03:10 --> 00:03:23 | after New York session on Wednesday. So any position overnight, from Tuesday and Wednesday, London Open. That would be favorable. But we usually try to square |
| 17 | 00:03:23 --> 00:03:34 | positions. But I forced myself into environment today just to show you how the elements that I look for that are repeating in phenomenon that have precision |
| 18 | 00:03:34 --> 00:03:46 | signatures that Give me high degree of accuracy and such. They don't paint out as precise as other days or weeks in the month. So you'll see some of those |
| 19 | 00:03:46 --> 00:03:57 | elements creep into this analysis in the trade review. So I've already posted a real quick vignette prior to this video and I shared it on Twitter earlier as |
| 20 | 00:03:57 --> 00:04:07 | well. But this is going to be more or less me breaking it down. So we you want to know how to do this. It's not a enticement for you to trade off of your oil |
| 21 | 00:04:07 --> 00:04:14 | leaks Wednesday, Thursday and Friday. It's to just draw your attention to the fact that this is why I teach my students this I mean look at the price action |
| 22 | 00:04:14 --> 00:04:23 | here. Just look at it. We had FOMC today two o'clock. So all this back and forth movement and never even touched the volume announced that's fine. It doesn't |
| 23 | 00:04:23 --> 00:04:34 | need to do that to be profitable. This is the level I'm looking for. So you can make the argument that hey, look, you know, you have this here, it traded up in |
| 24 | 00:04:34 --> 00:04:44 | fat yesterday, that's fine. But I'm looking for a higher timeframe PV array to reach to so while I did take that route of equal highs here, as we'll see in the |
| 25 | 00:04:44 --> 00:04:56 | lower timeframes, and you've probably already watched the net short video. It's not enough for me to feel satisfied that I'm always in a pursuit of precision. |
| 26 | 00:04:56 --> 00:05:12 | I'm always looking for elements of algorithmic prices. Every that will be a step beyond the average retail analysis concepts. So we're going to look at this low |
| 27 | 00:05:12 --> 00:05:24 | here on the third, we're going to dive into this here, that fractal that low, inside this price action is going to give me insight about this low here, why I |
| 28 | 00:05:24 --> 00:05:35 | trusted going along there and run for the relative equal highs and potentially run up into this area here. So if you are a forex trader or a non US trader, and |
| 29 | 00:05:35 --> 00:05:44 | you see this market here, and you think to yourself, well, I can't trade that market, because it's a American futures contract. You can trade the US 100. |
| 30 | 00:05:45 --> 00:05:54 | Okay, so forex traders that have like Mt four, which I don't use MT four, I know a lot of you guys all around the world that are outside the US. And some of you |
| 31 | 00:05:54 --> 00:06:05 | that are in the US are trading offshore brokers that in my opinion, you shouldn't be doing it, but it seems there and you are invited to go in and look |
| 32 | 00:06:05 --> 00:06:14 | at it. And we'll look at it briefly towards the end of the video as well. But for now, just know that the concepts I'm teaching you here, are salient to those |
| 33 | 00:06:14 --> 00:06:23 | markets. So for instance, if you're not a US citizen, and you want to trade these types of markets, while you may not be able to engage the actual futures |
| 34 | 00:06:23 --> 00:06:32 | contract, because you're outside the states, you can trade for Nasdaq futures, like we're, we're looking at this symbol here, this symbol on trading view would |
| 35 | 00:06:32 --> 00:06:48 | be n, Q, H 2023. That's where the futures contract in the US market. If you're outside the US, and you're using an NT four broker that has access to us 100, |
| 36 | 00:06:48 --> 00:06:56 | it's equivalent, it's not going to mark to market perfectly as you would see this, but you'll see later on, it's close enough to operating, you're gonna be |
| 37 | 00:06:56 --> 00:07:07 | trading the ES in the US markets, obviously, American traders we use the e s h 2023. Right now as the front month, it's much delivery, ah, in the name of the |
| 38 | 00:07:07 --> 00:07:19 | symbol on TradingView is correlated to the month of March, its delivery contract, when that expires, will be going to June and that symbol is m okay. |
| 39 | 00:07:19 --> 00:07:32 | So, if you're gonna be using a MT four or outside the US broker, in your trading, like in a Forex type broker, and you want to do es, or s&p, the |
| 40 | 00:07:32 --> 00:07:42 | equivalent would be us 500. Okay, and while we're not going to look at that tonight, just know that you can go through and compare and contrast that on |
| 41 | 00:07:42 --> 00:07:53 | trading view. Yes, you're gonna need a real time data. It's not terribly expensive. But you can procure that on trading view, and I don't get a kickback |
| 42 | 00:07:53 --> 00:08:00 | for that there's no relationship business wise, there's no affiliate thing for me to get paid for recommending it. Okay, I'm just telling you what I use, it's |
| 43 | 00:08:01 --> 00:08:14 | inexpensive, and it's a very easy platform to work with. So I have had no complaints with it. So here we have the, if I'm not mistaken, also the US 100 |
| 44 | 00:08:14 --> 00:08:28 | And us 500 CFDs. While US traders are not really particularly allowed to trade those, the futures contract is where we're supposed to be trading, those are |
| 45 | 00:08:28 --> 00:08:40 | real time. But the futures market pricing like for ES and or MQ, you have to pay for real time exchange data. So it's not a lot of money three to $5 per month. |
| 46 | 00:08:41 --> 00:08:51 | And it's really, in my opinion, it's it's rather inexpensive. But we're gonna take a deep dive into this low here and focus on these relatively new highs and |
| 47 | 00:08:51 --> 00:09:07 | that one email so that we have a framework here on the hourly charts has dropped down to 15. Okay, so you can see that low here in these relative equal highs and |
| 48 | 00:09:07 --> 00:09:20 | then we have that run here to fell short. And again, focus on this area in here already you can start to see there is a imbalance there but we're going to fine |
| 49 | 00:09:20 --> 00:09:23 | tune that little area into the five minute chart |
| 50 | 00:09:30 --> 00:09:43 | Okay, so relatively equal highs. And don't just use my charts or my analysis and lecture you will actually go into your charts look at it yourself find it on |
| 51 | 00:09:43 --> 00:09:51 | your chart so eight o'clock in the morning on January and again always you're going to get sick and tired of me saying this but your trading view chart should |
| 52 | 00:09:51 --> 00:10:05 | always set to New York time. Okay, set well, you'll be able to find everything I'm referring to in my charts. So this well here is January 4, Wednesday 2023 on |
| 53 | 00:10:05 --> 00:10:20 | a five minute chart. If you scrub back over to the third, Tuesday, January 2, I'm sorry, January 3, rather. And you'll see that we have this down close |
| 54 | 00:10:20 --> 00:10:35 | candle. And we have this movement here in price. So it's a buy sell sell some efficiency, but this low, sorry, this high of this candle here, this damn close |
| 55 | 00:10:35 --> 00:10:51 | candle prices move up. That's what I'm anchoring on for the price level of 1086 4.75. Okay, so if we look at that in relationship to the low, it pretty |
| 56 | 00:10:51 --> 00:10:59 | much nailed that right there. That's not enough that says somewhere I was looking in had my initial interest in. Now we're gonna drop down to a one minute |
| 57 | 00:10:59 --> 00:11:00 | chart. |
| 58 | 00:11:09 --> 00:11:21 | And while we're talking, I want you to remember that I'm not limited to just the model that was taught on 2020 mentorship on this YouTube channel. So while it |
| 59 | 00:11:21 --> 00:11:30 | may be a little bit frustrating for some of you, because I'm showing you things that are within the grasp of a student that studies the things that's on this |
| 60 | 00:11:30 --> 00:11:39 | channel, is not a one trick pony. I'm not a one model trader, I have lots of trading models. And these concepts are authored by me. So when I coded these |
| 61 | 00:11:39 --> 00:11:50 | these things are at my disposal, I can reach and use them when how I want to use them. So you as a student in the market and looking for utilization of these |
| 62 | 00:11:50 --> 00:11:59 | concepts, you're going to try to gravitate to what makes most sense to you. Okay, and when we're watching price in a few minutes, when we get into the |
| 63 | 00:11:59 --> 00:12:09 | actual replay of the real time data. The video I showed that little tiny little vignette was sped it up to like two minutes. And some say some seconds or so the |
| 64 | 00:12:09 --> 00:12:21 | little vignette that I had a sped up was like an hour and 20 minutes or so compressed down inside of two minutes. Okay, so very, very quick replay of all |
| 65 | 00:12:21 --> 00:12:31 | of the actual executions, the annotations, and then now when I get done doing all this preamble here, we're going to walk through it again, but it's sped up |
| 66 | 00:12:31 --> 00:12:45 | to 44 minutes or thereabouts, okay, so it's still a little bit lengthy, but it's about halfway or so. Okay, so allows us to get through it. But I haven't be |
| 67 | 00:12:45 --> 00:12:53 | every single second, which is going to be we're not necessarily do that. But if you're gonna be with me in the live sessions is going to be very close to that, |
| 68 | 00:12:53 --> 00:13:03 | but longer. Okay, so as every individual woman at candle, as you see here paints, the candle has to close, and then another one begins, okay, so it's real |
| 69 | 00:13:03 --> 00:13:11 | easy to get tricked into thinking, Oh, this is real easy to hold on to because it's a one minute chart, and it's going to be fast market. It's still time. |
| 70 | 00:13:11 --> 00:13:21 | Okay, so time has to be paid. Okay, with patience. If you don't have that, or if you just think that you're gonna watch the videos. And I'm seeing a lot of |
| 71 | 00:13:21 --> 00:13:33 | frustrations in the comments, which I also disabled but forgot to turn it off before the little small little vignette. The only reason why I put the vignette |
| 72 | 00:13:33 --> 00:13:42 | up is because I forgot to put my watermark on the video and I shared it on Twitter and a lot of folks like to go on Instagram, Facebook, and even re re |
| 73 | 00:13:42 --> 00:13:50 | upload the video on YouTube. And then I have it taken down because I don't want you to upload my videos, okay, you don't have my permission to do that. So they |
| 74 | 00:13:50 --> 00:14:01 | pretend to be the person that took the trade if I don't have a watermark on so that's the reason why I put watermarks. So anyway, I gave you all that with no |
| 75 | 00:14:01 --> 00:14:15 | extra charge. Like to explain why I do things in mind, don't do things. So we're gonna go back inside that old low on third scrubbing bag back and you're going |
| 76 | 00:14:15 --> 00:14:28 | to see there is that mass and imbalance so I'm gonna deficiency that single candle right here and move it out of the way. So you can see in that down close |
| 77 | 00:14:28 --> 00:14:36 | candle, which was on the five minute chart you can see that is what it's anchored on. So as I mentioned before, and you're gonna see a lot of things not |
| 78 | 00:14:36 --> 00:14:44 | actually be in my chart because I'm working with one to five minute charts real time showing you that there's an algorithm Yes, you can read it. Yes, I'm |
| 79 | 00:14:44 --> 00:14:57 | getting a feel for where the markets going. But I'm not trying to absolutely mark up everything because as a reminder, I only have the time to see identify, |
| 80 | 00:14:59 --> 00:15:10 | calculate process, envision what it is the ovens going to do next, all the same time that that one minute candle and five minute candles painting. Okay, so in |
| 81 | 00:15:10 --> 00:15:17 | real time when we do our live sessions beginning in February sound, I don't have the luxury of always typing things out. And I will have to because you'll be |
| 82 | 00:15:17 --> 00:15:27 | sitting there with me, and I'll be able to talk about audibly, okay, so there will be witnesses here that will be able to say I was here, I saw that. And not |
| 83 | 00:15:27 --> 00:15:38 | that I need that, okay, but the public likes to see those types of things when they come to a venue or an educator. After the fact, it seems if you look at the |
| 84 | 00:15:38 --> 00:15:47 | examples, it looks too good to be true. And I appreciate those compliments. And I take that as a compliment when I see people doubting it. But I don't want you |
| 85 | 00:15:47 --> 00:15:53 | to think that I'm gonna be doing this for you when we're doing live sessions, because it's not gonna be like that at all. It's going to be me pointing where |
| 86 | 00:15:53 --> 00:16:02 | the market is likely to go. And then I'll comment on what I see in price, but I will not be pushing the button in front of you. Okay, so when we do the live |
| 87 | 00:16:02 --> 00:16:13 | walk through not live walkthrough, but the replay of me actually executing? I'll kind of comment, pretty much like you'll expect to see me do. We don't live |
| 88 | 00:16:13 --> 00:16:21 | streams. Okay. So hopefully, it'll make a little bit better sense as to what you should be expecting when you start in February. So we have a bad time to be |
| 89 | 00:16:21 --> 00:16:29 | ourselves on efficiency. Okay, yes, we went down, but we left a small portion open. So that means it's always a candidate to come back and revisit that area. |
| 90 | 00:16:29 --> 00:16:42 | If it overshoots it, that's fine. They were blocked on the five minute chart is always a possibility. Okay, so we traded down into a completely closed and hit |
| 91 | 00:16:42 --> 00:17:01 | the order block. And then we had consolidation. And then we entered into the 1030 to 11 o'clock time window, and we dropped down initially, right at the 930. |
| 92 | 00:17:01 --> 00:17:18 | Opening, where are we at here 930. Right there. So at 930. With sell stocks below here, it tagged those came back up from the buy side, buy stops here. And |
| 93 | 00:17:18 --> 00:17:26 | then notice they left these relative equal highs open. Now the reason why I'm keeping all these notes here is because I want you to see that this is the |
| 94 | 00:17:26 --> 00:17:38 | actual chart that was annotated real time while I was executing and managing the trade. So while it is all too busy here, I'll clean it up when we get to the |
| 95 | 00:17:38 --> 00:17:49 | need for doing so. But right now, it needs to be there for context. So we left Beisa liquidity that's by stops above these relative equal highs. Now, traders |
| 96 | 00:17:49 --> 00:18:01 | are taught that this is resistance. So therefore lower prices should be expected we did we had lower prices, but down to a level of a discount. And my |
| 97 | 00:18:01 --> 00:18:11 | expectation, much like I was sharing with the ES, there's a feeling volume and balance up here in that shaded area. So I felt that wasn't the draw on |
| 98 | 00:18:11 --> 00:18:26 | liquidity. So that means what, even though we had a movement lower, at 930 Going into 10 o'clock hour, it's going down to go up. And because FOMC and it's also |
| 99 | 00:18:26 --> 00:18:41 | the Non Farm Payroll week, conditions. Now I say wheat not w e AKWEK. The week, Monday through Friday, because it's Non Farm Payroll week. That tendency to be |
| 100 | 00:18:41 --> 00:18:53 | sloppy in price delivery. It's not as precise targets won't really get filled perfectly or maybe not even get touched at all. I'm going to show you how the US |
| 101 | 00:18:53 --> 00:19:07 | 100 For non US traders actually went to its daily volume imbalance. So it'll be hopefully an encouragement for you to study real time using the US 100. So you |
| 102 | 00:19:07 --> 00:19:20 | don't necessarily have to have real time data. And I'm taking the liberty based on what I believe I don't know, I'm almost certain that us 100 Us 500 Us 30 |
| 103 | 00:19:20 --> 00:19:29 | which is for now. I don't trade the Dow futures but I use it for analysis. And you'll see me doing that in more examples as we go forward. And also in the live |
| 104 | 00:19:29 --> 00:19:38 | stream. So you'll see how I pull up those charts and kind of show you real time s&p divergence and relative strength analysis and not the RSI indicator either. |
| 105 | 00:19:39 --> 00:19:49 | Okay, so when we're looking at a market that's likely to go up and my belief was we were likely to go up into that line of answer as I mentioned yesterday, there |
| 106 | 00:19:49 --> 00:20:02 | was a potential draw if we continue to go higher. If we see the market drop like this into a deep discount, it's likely to go higher and attack number one the |
| 107 | 00:20:02 --> 00:20:10 | buy side here and it's going to go above here, it might just go all the way up into the daily volume of bouncers, that shaded area up here. Okay, so with that |
| 108 | 00:20:10 --> 00:20:23 | in mind, let's look at how the market dove into that one minute fear of a gap in the form of bias and malice or some efficiency. And if these terms are confusing |
| 109 | 00:20:23 --> 00:20:32 | to you, I promise the more time you spend with me and see opportunities, repeating with the use of them, it will become second hand nature to you to |
| 110 | 00:20:32 --> 00:20:39 | understand what it is I'm referring to like anything else a new line, which is difficult, but you'll see by repetition, over and over and over again, these |
| 111 | 00:20:39 --> 00:20:50 | things are that easy to pick up. Don't quit, okay, I promise it's worth it. Stick with it. So we trade down into the waterblock we trade down to the busy by |
| 112 | 00:20:50 --> 00:21:01 | Sanibel so so efficiency, which is a form of fair value gap, it rallies up consolidates. And then we dive one more time to low short term low. And then we |
| 113 | 00:21:01 --> 00:21:09 | run above the short term high. Okay, so that is what that's a shift in market structure. While it's in this camp, okay. |
| 114 | 00:21:10 --> 00:21:24 | It left this fear of a gap right there. Okay, so this very got taken off, you can see that one candle right here, that's your fear Vega. So instead of that, |
| 115 | 00:21:25 --> 00:21:34 | and the way I did that is click on it, highlight it, hit Delete key, it takes it off. And then when you want it back, just hold down Control and tansy. Okay, so |
| 116 | 00:21:34 --> 00:21:45 | um, do that, because you want to know, and then the market ran away about this fair a gap. And I mentioned that I wanted to see price stay above that. And it |
| 117 | 00:21:45 --> 00:21:55 | would not go back below that's not needed to. Okay, and I'll get into that during the live walkthrough of the trade execution and management. But I want to |
| 118 | 00:21:55 --> 00:22:07 | cover why I chose the NASDAQ today versus the ES. So if you try to notice this down here, okay, it's a real secret indicator, and only the best hedge fund |
| 119 | 00:22:07 --> 00:22:17 | traders, market makers, the elites, the the folks that pull the strings that make the markets go up and down, they have this indicator down here on their |
| 120 | 00:22:17 --> 00:22:39 | charts. I know it's hard to believe, right? It's hard to believe. I'm just being facetious if you look at this and we're going to add the use of the ES, okay, so |
| 121 | 00:22:39 --> 00:22:47 | all I did was compare, if you're using TradingView, up in the upper left hand corner, up here, you're gonna see a like a little plus symbol. If you click on |
| 122 | 00:22:47 --> 00:23:06 | that, that's your compare. Utility is type in ES H 2023. And it'll plot over well, you got to click New pane new pane pa NE And now apply it below the |
| 123 | 00:23:06 --> 00:23:16 | instrument you have open since we're talking about NASDAQ, which is in Q H 2023. For the symbol and trading view you would be clouding it down here now for non |
| 124 | 00:23:16 --> 00:23:28 | US students you can be utilizing the US 100 up here and then hitting the compare feature up here has like a little plus symbol on trading view up in this area |
| 125 | 00:23:28 --> 00:23:37 | lookup bone and you're doing your own pause the video if you want to check and see what I'm talking about. And then you would do to get the overlay like this |
| 126 | 00:23:37 --> 00:23:52 | down here for ES non US market the CFD for us 500 And then he's going to plot it as a line chart and you click over here that little gear and where it says |
| 127 | 00:23:52 --> 00:24:04 | inputs homestyle you're gonna be doing candlesticks okay and address them as you see here. It's going to come up as a default on line you don't want that you |
| 128 | 00:24:04 --> 00:24:15 | want the current the candlesticks, okay, so that we can compare and contrast for s&p divergence. Now with a vertical line, everything during with this low they |
| 129 | 00:24:15 --> 00:24:29 | match. Alright, we drop a vertical line on the chart here and picking it up for you Okay, so, this is our reference point. So wherever I drag this it should |
| 130 | 00:24:29 --> 00:24:40 | have matching highs and matching lows. Okay. Now watch what happens when I drag to the right going forward in time. Okay, right there we have this high higher |
| 131 | 00:24:40 --> 00:24:53 | than the high, slightly higher than the high. You see that ES is not showing the strength to the upside that NASDAQ is here. So keep marching forward, going |
| 132 | 00:24:53 --> 00:25:13 | forward, and great. There We can see that this high in this high, NASDAQ is lower. But ES is higher. Doesn't mean anything yet. Watch what happens. We have |
| 133 | 00:25:13 --> 00:25:29 | now this short term high, that's been taken out by this high. This high is this hot here for MQ. Okay, so NASDAQ highs here on the one minute chart. And ES is |
| 134 | 00:25:29 --> 00:25:42 | one minute chart highs here. Over here, look what we have, we have relative equal highs. But we have a strong, hunch stronger, higher, punch through by in |
| 135 | 00:25:42 --> 00:25:54 | queue. So NASDAQ was higher here. After here's the key point, a short term High was taken and then a fair value that was left. Okay, after digging into this |
| 136 | 00:25:55 --> 00:26:10 | woman in Boston and analysis on efficiency, or gap, okay. And we expect the market to turn here. So we have relative strength analysis on our side that n q |
| 137 | 00:26:10 --> 00:26:21 | will Nasdaq futures was the better buy. And again why the short term high here is much more prominent of a break here than it is here. These are relatively |
| 138 | 00:26:21 --> 00:26:33 | flat. This I'm looking for the relative strength leader, one that wants a breakout higher, faster, stronger. Okay. And while they both pretty much move in |
| 139 | 00:26:33 --> 00:26:47 | sympathy with one another, the more sharper technical picture was seen in NASA. Notice that there is a small little gap here. There is a small museum in here |
| 140 | 00:26:47 --> 00:26:57 | without missing anything. Relationship between the two. There's a small gap right here, but look how sloppy it is. See how it completely goes down below it? |
| 141 | 00:26:58 --> 00:27:11 | We don't have that here on NASDAQ. Okay, you don't see that? Why didn't we see it because it's stronger on NASDAQ, NASDAQ had much more relative strength |
| 142 | 00:27:12 --> 00:27:24 | comparatively to that of the ES, E Mini s&p. So I'm going to trust this one because visually, I can see that fear that you get. It's much more prominent |
| 143 | 00:27:24 --> 00:27:39 | here. Versus the very lethargic looking very vague, get down here. This one's much more energetic, it's much more obvious. And it is also with a market that's |
| 144 | 00:27:39 --> 00:27:50 | moving more explosive to the upside. Okay, so I want to be in this market buying this fair value gap right there and trusting that it will not completely close |
| 145 | 00:27:50 --> 00:28:00 | in. Why? Because we want this to act as what a breakaway gap. Why should it be a breakaway gap because we've already traded down into this one minute fair value |
| 146 | 00:28:00 --> 00:28:12 | gap in the form of button analysis and inefficiency. Real quick for your notes. If you see a candle that's moving like this one way and it's going up like this. |
| 147 | 00:28:14 --> 00:28:24 | So from low to high, it's up close candle into one single pass like that. And it creates a fear Vega that fair Vega is labeled A biocide imbalance or |
| 148 | 00:28:24 --> 00:28:40 | inefficiency busy Okay, b i s ai if the candle opens and trades down. In creative fear Vega, that one single candle or Faraday gap is labeled and |
| 149 | 00:28:40 --> 00:28:53 | categorized as a city s i br sellside inbalance buyside inefficiency, okay. So that we know now for your notes, that's what should be having in their bases are |
| 150 | 00:28:53 --> 00:29:10 | bought for lungs are traded to as targets when short cities are sold short or targeted from lungs. Okay, so that's how you want to use them interchangeably. |
| 151 | 00:29:10 --> 00:29:20 | Okay. And we'll talk a little bit more as we go throughout this year. But for now, that's enough for your notes for this one. So the market rallies from here |
| 152 | 00:29:20 --> 00:29:31 | and trades into I'm gonna take this es off now. Okay, so we we've accomplished, what it is that we needed to have in terms of insight from this over in the |
| 153 | 00:29:31 --> 00:29:40 | market trades down into this fair pay gap here and then leaving this range right there. You'll see that that's drawn and I'll talk about how it's not going to go |
| 154 | 00:29:40 --> 00:29:52 | back below that the algorithm will not reprice back below that. Why? Because this in this area, here comes a balanced price range. One single pass, one |
| 155 | 00:29:52 --> 00:30:03 | single pass and we're very get so it's going to work in this one and then accumulate new long position. So I even talk about how this area here with this |
| 156 | 00:30:03 --> 00:30:05 | fair value gap, I'm gonna draw it again. |
| 157 | 00:30:09 --> 00:30:20 | Like this, even stated that you would see this form support, type it out, and you'll see it again, as I did it. And the only thing I was incorrect about, and |
| 158 | 00:30:20 --> 00:30:33 | this is typical of FOMC, and also Non Farm Payroll weeks, where my precision is a little bit skewed. This low rate there, I looked at it as a potential to |
| 159 | 00:30:33 --> 00:30:42 | create an institutional interval entry drill, which is just a small little movement into a Faraday gap that doesn't completely close it in. And you can buy |
| 160 | 00:30:42 --> 00:30:54 | high frequency trading algorithms use that as a entry model. And it's too broad of a topic to try to cover inside of this. You know, I'll mention it in passing, |
| 161 | 00:30:54 --> 00:31:04 | and we're watching Real Time Data in the live sessions throughout this year, just know that it is a partial entry into a fair value get that will not even go |
| 162 | 00:31:04 --> 00:31:16 | halfway. Okay, it's just like, small little entry into and then picks up orders and runs. Okay, that's basically all this. So it's an entry into a fair value |
| 163 | 00:31:16 --> 00:31:27 | gap. But we're not even the halfway point of it. And you see, the market does, in fact, create support, here it rallies, an anchor to this down close candle, |
| 164 | 00:31:27 --> 00:31:38 | it's open price, dropping out in time, anticipate a order block forming. Quantum support creates a small little gap in here, this is a measuring gap. So we had a |
| 165 | 00:31:38 --> 00:31:50 | breakaway gap down here. And this is a measuring gap. So from this long to this point here, that's essentially half of the moon. And then we have buyside up |
| 166 | 00:31:50 --> 00:32:00 | here. So we can target the bulk of our exits just above this high here, because we have a confirmation that this isn't getting filled in. And then you've |
| 167 | 00:32:00 --> 00:32:11 | already seen several examples of me doing this. This is how you determine in classifying real time. Measuring gap, okay, and measuring gap is classic |
| 168 | 00:32:11 --> 00:32:20 | technical analysis. But every time I've ever looked at books and courses and educators, they never really taught how to utilize it. They can talk about after |
| 169 | 00:32:20 --> 00:32:29 | the fact they can see it in hindsight and show it to you in books and sell courses and things like that. But nobody I've ever seen ever be able to identify |
| 170 | 00:32:29 --> 00:32:36 | them real time and understand when they're going to stay open, when they're going to be going to be filled. Those types of things. And especially with |
| 171 | 00:32:36 --> 00:32:43 | electronic markets like this, or 24 hour markets, where we don't have gaps in the same sense that we didn't have open outcry. I've talked about this a lot |
| 172 | 00:32:43 --> 00:32:54 | when I was doing Twitter spaces, there's little podcasts, that idea of gaps or inefficiencies in price where there actually is no trading off. That's a real |
| 173 | 00:32:54 --> 00:33:04 | liquidity void. Things like this, get called a liquidity botnet, unfortunately, because it's not a liquidity void. This is a buy, sell, sell, sell inefficiency. |
| 174 | 00:33:04 --> 00:33:14 | It's by side imbalance. That means it's moved to aggressively one side to the buy side. And it's inefficiently delivered for sell side. So what is it by side |
| 175 | 00:33:14 --> 00:33:23 | imbalance sell side inefficiency, which makes it a busy, I made these names up for that very reason. The algorithm creates these little areas here and we want |
| 176 | 00:33:23 --> 00:33:31 | to see this type of thing. Stay open. Okay, other educators out there. Mr. Chris Laurie, he he has a group of people. And he's always talked about these things |
| 177 | 00:33:31 --> 00:33:41 | as illiquidity void, and they tend to fill in sometimes they do sometimes they don't. My logic tells you when they don't. And what you do with that |
| 178 | 00:33:41 --> 00:33:50 | information. Okay. I did not learn liquidity void, from Mr. Chris Laurie. I just used that term when I was on baby pips people that were familiar with him. They |
| 179 | 00:33:50 --> 00:33:57 | say, Oh, yeah, that's a liquidity forward. Chris Laurie teaches us okay, well, I'll just go with that said, it saves me the time of having to teach something |
| 180 | 00:33:57 --> 00:34:07 | about that particular thing. I'm just gonna go into more detail about whether they form and how to utilize them. But anyway, you know, obviously, we're in PhD |
| 181 | 00:34:07 --> 00:34:16 | level, use technical science now here on this channel. And you're seeing a lot more precision, a lot more understanding and reasons why things are the way they |
| 182 | 00:34:16 --> 00:34:28 | are. So we can hone in on opportunities that the algorithm will present to Smart Money, who is smart money, people like me, and you while you're learning. Once |
| 183 | 00:34:28 --> 00:34:34 | you understand these concepts, you'll be able to go out there without me talking about being hand holding, you'll be able to see it, you'll anticipate you'll |
| 184 | 00:34:34 --> 00:34:42 | know exactly what the markets likely to do more times than not. That's all you need. That's your little edge. And you wait for specific times of the day. And |
| 185 | 00:34:42 --> 00:34:51 | you wait for all the signatures that you look for to justify your trade. And how do you know what they are? You're watching Real Time Data with me this year. So |
| 186 | 00:34:51 --> 00:35:02 | you're going to start seeing setups that form repetitively, and you'll be able to see them so many times real of time, whether you're there with me when it's |
| 187 | 00:35:02 --> 00:35:11 | being done, or after the fact, and you're watching the recordings, the recordings will be long, because that's the entire session, unless I cut it |
| 188 | 00:35:11 --> 00:35:20 | short because something reads at Target, whatever. But they can go up to two hours. And as long as the two of them a week, and if I get a good move, it may |
| 189 | 00:35:20 --> 00:35:28 | just be one for that week. So I'm kind of like tossing it in here and preparing you for it. Oh, you're already pulling back. Now I'm just, I have to manage my |
| 190 | 00:35:28 --> 00:35:38 | own personal life too. So it My objective is for you to find one good set up a week. And one good set up, you can see there's a plethora of setups, I've |
| 191 | 00:35:38 --> 00:35:49 | already shown the equivalent of like 40,000 In just the last five trading days. And they're not little micro movements. They're not the five handles I'm |
| 192 | 00:35:49 --> 00:36:00 | teaching you strive for, as a low hanging fruit objective to grow into, if you get five handles consistently do find that it's 20 ticks, if you can find that |
| 193 | 00:36:00 --> 00:36:07 | consistently, you'll have no trouble finding the setups like I'm showing you here, you just got to find the place where they all nest together, which is a |
| 194 | 00:36:07 --> 00:36:21 | market maker by model in this example here. So the market continues up, I mentioned that this would be an area where the next drawing liquidity would be, |
| 195 | 00:36:21 --> 00:36:34 | which is a rejection block. And then I mentioned I'd take three above here, and I do. And then about here, it took three more. And then a left to one wanting to |
| 196 | 00:36:34 --> 00:36:43 | see it trade up into that daily volume bounced that shaded area up here. And I took one off when I felt that it was not likely to go up here entirely, and |
| 197 | 00:36:43 --> 00:36:52 | almost stopped me out here. It finally looked at this as the last line in the sand. If it crosses that I'm going to let it take my stop. And it gave up the |
| 198 | 00:36:52 --> 00:37:05 | ghost and come out and stopped me out and ever since then, it hadn't done anything harder. Okay, then we have the FOMC noise. I say that facetiously. And |
| 199 | 00:37:05 --> 00:37:12 | then we break now I'm not gonna cut any of this here, because it's not going to be pertinent to what we're trying to do because you shouldn't be trading FOMC |
| 200 | 00:37:12 --> 00:37:21 | okay, it's, it's like a Non Farm Payroll event. It's a carnival ride. Yes, I can. But because I can doesn't mean you should. Okay, so I'm trying to be a |
| 201 | 00:37:21 --> 00:37:29 | responsible mentor, not someone that's just trying to promise you, you're gonna know everything. Okay, I'm teaching you how to find one good set up per week, |
| 202 | 00:37:29 --> 00:37:38 | that has a whole lot of probabilities and statistical edge behind it in the logic, not just me, a lot of my detractors, and people that don't like me, or a |
| 203 | 00:37:38 --> 00:37:49 | competitor, therefore, will come forward and say, I'm cherry picking, I'm sorry, if this is beyond the scope of what you can do and sell to yours, your students |
| 204 | 00:37:49 --> 00:37:59 | or whatever. But I'm trying to be in my own lane here. And I'm trying to educate all of you, you don't have to subscribe to what I'm teaching, you can think that |
| 205 | 00:37:59 --> 00:38:08 | everything I'm showing you hear is all contrived, okay, a figment of my imagination, but the problem you're going to have is you're going to see it in |
| 206 | 00:38:08 --> 00:38:18 | the charts live. And I'm not leaning on any other logic. So that's what's going to be fascinating for me how many of you, I can convert in understanding that |
| 207 | 00:38:18 --> 00:38:29 | these markets are absolutely controlled to the smallest degree. Okay. And once you see months of it over and over and over again, you'll be you'll be |
| 208 | 00:38:29 --> 00:38:39 | convinced, Okay, I'm convinced that you will be convinced this with that way. So that's the overall markup and just the short and skinny. Now I want to go into |
| 209 | 00:38:39 --> 00:38:54 | the actual replay and management of the trade, and how I did everything and why I did it when it happened. Okay. And let's do that now. Alright, so with |
| 210 | 00:38:54 --> 00:39:09 | everything out this outlined all the logic as to why I'm anticipating going long. Here, you can see the actual orders. And don't be discouraged by the 2100. |
| 211 | 00:39:09 --> 00:39:22 | That's actually 2.1% risk. Okay, it's based on a $100,000 paper trading account. And there's some of you'd like to choke on the fact that it's paper trading. But |
| 212 | 00:39:22 --> 00:39:31 | if you can't appreciate the fact that the precision elements are there with real time data is you can't do anything like with Market Replay. On trading view, you |
| 213 | 00:39:31 --> 00:39:40 | can only trade or execute with live data. So live data is the only way you're going to be able to do it. So you can't be faking it. You can game like empty |
| 214 | 00:39:40 --> 00:39:50 | for and fake it like frauds do. So buy sell liquidity. That's where my initial draw on the market is. So this is a market maker by model. And you can learn |
| 215 | 00:39:50 --> 00:40:03 | more about that in my Scout Sniper series which is free on this YouTube channel as well. So there's an order block and waiting for price to move away from that |
| 216 | 00:40:05 --> 00:40:16 | want to see the Expand of both these relatively equal highs here, that's buyside liquidity. So my I should be your I should be trained to return. And now my stop |
| 217 | 00:40:16 --> 00:40:26 | is to break even. Because if it goes back below, after running, there's relative equal highs where the buyside liquidity is written, that would not be that |
| 218 | 00:40:26 --> 00:40:35 | thing. So I want to make sure I'm controlling risk. So I want to see this fair value, get that pink area, act as support. Okay, so what specific level the |
| 219 | 00:40:35 --> 00:40:35 | higher |
| 220 | 00:40:44 --> 00:40:56 | want to see it expand above it. And as it's starting to go up, I'm watching how price is gravitating towards that rejection block. Okay, and I like the |
| 221 | 00:40:56 --> 00:41:04 | expansion that we're seeing here. And I'm not thinking that we're going to collapse and go the other direction, based on all the things I've already |
| 222 | 00:41:04 --> 00:41:14 | outlined. And there is a daily volume imbalance that's already shaded on my chart. And you can't see it yet. But I'll scrub the video down on the axis on |
| 223 | 00:41:14 --> 00:41:29 | the price axis, and you'll start seeing it in the moment. But the just move the stop up. And I'm going to look to buy or pyramid more of this position as it |
| 224 | 00:41:29 --> 00:41:47 | drops back down into that fear Vega. When this candle closes, I'm anticipating a fear of I get the form. When there you go, see now I have a gap there. So I like |
| 225 | 00:41:47 --> 00:41:58 | that gap being near above the shaded area that's pink. So I don't believe that that's going to have to be traded back down through. So that pink area becomes |
| 226 | 00:41:58 --> 00:42:07 | an area of a balanced price range. That's not classic Support Resistance. That's not supply and demand. That's not Elliott Wave. That's nothing harmonic. Its |
| 227 | 00:42:07 --> 00:42:16 | algorithmic. And I understand that some of you feel that this is complicated. I've actually had some people already put comments in the videos and say it's, |
| 228 | 00:42:16 --> 00:42:24 | it's too complicated. I can't I can't do this. Okay, I understand. But I'm not here teaching the people that's going to tap out here teaching the folks that |
| 229 | 00:42:24 --> 00:42:36 | are really wanting to learn how these markets book price. And it was complicated for me as well. So I'm basically stating that the the algorithm is not going to |
| 230 | 00:42:36 --> 00:42:45 | reprice below that, and it's going to be attacking the liquidity at 11,000, zero 50 Beisa. So that's basically about the pass on liquidity pool that's being |
| 231 | 00:42:46 --> 00:42:55 | highlighted in the upper left hand corner. So I'm moving the stop up, I can trust that the stock will not be hit. Because the pink area is a protected area, |
| 232 | 00:42:55 --> 00:43:04 | the algorithm does not need good back down there. In the reasons why is because it's already repriced, and it's aggressively going to attack what those buy |
| 233 | 00:43:04 --> 00:43:19 | stops above those equal highs, and 11,048. So 11,050, that's where I'm anticipating the next draw on liquidity. But there are two targets before we get |
| 234 | 00:43:19 --> 00:43:30 | there. And I'll obviously mentioned them as we go. Now, that right there is a classic bull flag, don't want to get wrapped up in thinking it's going to break |
| 235 | 00:43:30 --> 00:43:42 | down, but it comes down into this little area in here and back into that fair value gap that I like, Okay, I like that gap that's not being shaded yet. I like |
| 236 | 00:43:42 --> 00:43:53 | that right there. So I'm telling you with this annotation that watch the support form here. We're at Ray's top of that fair value gap. |
| 237 | 00:44:10 --> 00:44:25 | Okay, I want to pyramid more. So the sixth position to contract long I have. Now I'm gonna draw out that fear of a gap here, I want to be in more of the |
| 238 | 00:44:25 --> 00:44:35 | position. I liked the fact that we dug down into it two times, we went down into that blue shaded area where you get twice. So I'm putting two in there. Whereas |
| 239 | 00:44:35 --> 00:44:43 | I normally would have done like three or something to that effect. I just want to make sure I'm building more position. And I'm basically saying that naked |
| 240 | 00:44:43 --> 00:44:53 | charts are superior to indicator dribble. Unless you have a time based chart, you're not going to see these elements and watch how price shows that wants to |
| 241 | 00:44:53 --> 00:45:05 | rally up whatever you have range bars, or they have high kanashii or rings COBOL hours. That's That's nonsense. It's absolutely garbage is nothing behind that at |
| 242 | 00:45:05 --> 00:45:14 | all. The algorithms have no respect of any of that stuff. And without a time based chart, you cannot see the fair value gaps, the imbalances, the volume |
| 243 | 00:45:14 --> 00:45:25 | imbalances, the busy the city, all these elements that the algorithm actually refers to. So when I coded these things in price action, I'm looking for price |
| 244 | 00:45:25 --> 00:45:37 | to return back to them with the logic that they will perform as they're coded. So if the repeating phenomenon is identified by you, you're going to see, |
| 245 | 00:45:37 --> 00:45:45 | there's certain setups that are going to be very easy for you to trust, not all of them are going to be setups that you're going to say, Oh, I would definitely |
| 246 | 00:45:45 --> 00:45:57 | take a train based on that. Because I have lots of students. And I'm expecting large ranges, this now come in, so I'm expecting price to begin to start moving |
| 247 | 00:45:57 --> 00:46:13 | higher, as long as we're not digging into that pink shaded area, it can dip down into it. But not by much in. I'll explain that as we go. So I'm looking for the |
| 248 | 00:46:13 --> 00:46:25 | beginning of green candles moving up. Notice also that we went from large green candles. And now we're in small, little range candles. Okay, so the next |
| 249 | 00:46:26 --> 00:46:39 | expectation would be what? Big candles. So if we're bullish, we don't think that that pink area is going to go in break allow price to go down, then the next |
| 250 | 00:46:39 --> 00:46:49 | series of big candles should be much direction up. Okay, so when I'm annotating my chart, and I'm typing a new large range, candles are coming or big green |
| 251 | 00:46:49 --> 00:47:04 | candles are coming. I'm studying and I just went in Baltimore, my positions at 10 contracts, saying this is the final partial entry. But I want to illustrate |
| 252 | 00:47:04 --> 00:47:16 | further. It's up to you opportunity presents itself. So 10 contracts is about as much as I wanted to do with this position. Because it's a big, it's a big |
| 253 | 00:47:16 --> 00:47:32 | position like I'm looking for like 600. Ticks, it's it's a pretty significant run in price. have already highlighted the next Beisa revised liquidity rate |
| 254 | 00:47:32 --> 00:47:37 | above that 11,018 and quarter. |
| 255 | 00:47:43 --> 00:47:54 | Now right here, this is again, the rejection block. So I'm anticipating price reaching up into that. So I'm building all of the framework as you would do in |
| 256 | 00:47:54 --> 00:48:03 | your own analysis. Or in hindsight, when you do your back testing, when you do all your charts. You want to be annotating them just like I'm doing here, |
| 257 | 00:48:03 --> 00:48:12 | looking at the logical levels. And I taught what the PD arrays are. And you learn more about them in the core content lessons. |
| 258 | 00:48:18 --> 00:48:25 | Now, that's a classic bull flag. And retail traders may in fact want to try to go long in here |
| 259 | 00:48:32 --> 00:48:45 | that idea would cause them to go long, because it's a breakout. And they would put your stop loss rate below the swing low, just to the left of my most recent |
| 260 | 00:48:45 --> 00:48:58 | partial entry long match that the algorithm does here. It's designed to do this very thing here. When bull flags are correct, and it's anticipating a higher |
| 261 | 00:48:58 --> 00:49:12 | running price, that will always likely do this very thing right here. Boom, stocks are engaged. So now I'm typing out that it will sharply reverse higher |
| 262 | 00:49:12 --> 00:49:21 | here, based on what I've just explained to you there. So now retail traders don't trust that bull flag because they got stopped out and they will not |
| 263 | 00:49:21 --> 00:49:36 | reenter. And they'll do they'll be too fearful to get back in. And that's why it's coded that way. Now, again, my I don't have that pink range on the chart |
| 264 | 00:49:36 --> 00:49:48 | again, just know that it can dip down just a little bit below that bottom of that highest blue rectangle. You can do that just by a little shallow dip below |
| 265 | 00:49:48 --> 00:50:04 | that and that's all that would be reasonable. And then higher prices would be delivered. So I'm watching for So I'm thinking myself, okay? While I do believe |
| 266 | 00:50:04 --> 00:50:12 | that that range that was shaded in paint that I no longer have on the chart because I want to keep your attention on the very salient movements as price is |
| 267 | 00:50:12 --> 00:50:24 | being delivered. I'm thinking to myself, it might offer an institutional wonderful entry Joe. So it may need to go just a little bit lower a couple ticks |
| 268 | 00:50:24 --> 00:50:41 | lower, I'm extending the Vega and just again, reminding, that's where I'm thinking is going to go. And these are all done through TradingView live, |
| 269 | 00:50:41 --> 00:50:51 | there's none of this annotations after the fact it's all happening real time. And you can see, one of the other signatures why I don't like Trading Post New |
| 270 | 00:50:51 --> 00:51:00 | York session on Wednesday, is because it's like this. Okay, it's not as precise I usually get in a little low candles and get on the high candles. And it's this |
| 271 | 00:51:00 --> 00:51:10 | real muddy during this particular time of the month. And I'm anticipating a likelihood of institutional order flow so if it trades down into touches just |
| 272 | 00:51:10 --> 00:51:18 | below that line there, I would go in with another partial and pyramid more and trust the fact that it would not collapse go on lower |
| 273 | 00:51:25 --> 00:51:35 | Okay, so that looks nice. Right there, you want to see that type of delivery. Again, find that in support resistance, the classic Support Resistance taught |
| 274 | 00:51:35 --> 00:51:46 | from like John Murphy's book, technical analysis of the financial markets, it's not their folks. It's not. For people that trade bull flags, you know, they're |
| 275 | 00:51:46 --> 00:52:03 | getting stopped out here, they're gone. And when a retail traders get stopped out, it's not likely that they will reenter. And I'm got my finger on the |
| 276 | 00:52:03 --> 00:52:12 | trigger to buy one more in the event that it drops down and offers me an institutional refinery drill. And all that is is me dropping a long if it drops |
| 277 | 00:52:12 --> 00:52:22 | below that little trendline I have there and highlighting that big close candle. If it dips down below that I'm thinking that it's just one last little attempt |
| 278 | 00:52:22 --> 00:52:38 | to trick traders going short before I retire. So I'm the senior waiting in the event that it offers it to me I'll take an add one more contract well as you can |
| 279 | 00:52:38 --> 00:52:44 | see that upper left hand corner had my mouse sitting return to my button but we're done |
| 280 | 00:52:53 --> 00:53:07 | drawing your attention on the level that was just outside the view of your viewership on this video that I'm not sure what color that is, to be honest with |
| 281 | 00:53:07 --> 00:53:19 | you, I want to say yellow but it may not be so I don't know what their colors but focus up there and it's a good distance away. So we're not looking at little |
| 282 | 00:53:19 --> 00:53:31 | tiny micro scalps and we're looking at the down close candle it's to the left to where prices now I like that as an order block. And this put my limit order up |
| 283 | 00:53:31 --> 00:53:40 | there just at the bottom of that daily volume imbalance. So I just extended it out for a bullish order block. Now I was actually trying to anchor to the high |
| 284 | 00:53:40 --> 00:53:51 | of that candle. But because I'm again monitoring a one minute candle I know the likelihood of it touching the open is there that's fine but I would have |
| 285 | 00:53:51 --> 00:54:00 | anchored it if I had cared enough to do it. I want to put it right on the high end you could see it what a hit it perfectly. This is beautiful delivery now so |
| 286 | 00:54:00 --> 00:54:19 | I want to see it run up above that 1097 level my old eyes are failing me here. It's hard for me to focus in on email my glasses 30 years looking at charts man, |
| 287 | 00:54:20 --> 00:54:37 | it really takes a toll on doing that and light sensitivity from a motorcycle accident in 2009. It's it's not fun to watch that order block because it can |
| 288 | 00:54:38 --> 00:54:48 | always be reclaimed. Now reclaimed order block is where it acts as support. It runs away and it comes back down and trades into it again. It's completely |
| 289 | 00:54:48 --> 00:54:58 | normal. It's not something that is abnormal. It's not something to be afraid of. Remember the logic was that it will not go below the original shaded area that's |
| 290 | 00:54:58 --> 00:55:10 | no longer shaded now. But in your charts, you should have it in there. And this is going to be in the normal complaint, that I don't have enough annotations in |
| 291 | 00:55:10 --> 00:55:18 | my chart when I'm doing the live session, because I have to read price the way I'm used to reading it. And having annotations. Number one, it takes the focus |
| 292 | 00:55:18 --> 00:55:26 | off of marching price when I'm annotating. So if I'm watching when I'm typing, I'm trying to spell it correctly. So that way, I'm articulating the information |
| 293 | 00:55:26 --> 00:55:32 | correctly on a one to five minute chart. And the question is going to be as Okay, well, if that's the issue, they want you to trade with the higher |
| 294 | 00:55:32 --> 00:55:42 | timeframe chart well, you all complaining that my videos are too long. So now with the complaint going to be when I have to do the entire thing in front of |
| 295 | 00:55:42 --> 00:55:53 | you, for up to two hours in the day, I can speed the videos up, but it's not going to be the same learning experience. So it gets back to you who really |
| 296 | 00:55:53 --> 00:56:01 | wants to learn here, and the people that come into my comment sections or talk about me in other circles about how it's long. When do I don't get to the point |
| 297 | 00:56:01 --> 00:56:08 | the point is, is you want to learn how to make money. Okay, that's, that's why you're trying to do this, whether you're learning it for me or someone else, you |
| 298 | 00:56:08 --> 00:56:17 | want to learn how to make money. This is not a hobby, it's not a game, okay, it's not a video game, you're in here trying to make money, and enough to |
| 299 | 00:56:17 --> 00:56:28 | sustain a secondary income and maybe even replace it. So I'm looking for price to want to reach up into that rejection block, which is where I have annotated, |
| 300 | 00:56:28 --> 00:56:38 | two contracts will come off above a rejection block. So I'm anticipating they're going to it's going to spike up in there. And I'm going to get a little |
| 301 | 00:56:38 --> 00:56:47 | overzealous here and type out the very instructions that I'm selling to contracts. |
| 302 | 00:56:53 --> 00:57:08 | So here, I'm reinforcing the idea that it will drive the ball here and give me and give it time folks. At a fella reach out to me on an email and say, All this |
| 303 | 00:57:08 --> 00:57:17 | stuff is added after the fact. That's the reason why you speed up the videos. So here's, here's what I'm doing. I'm typing an asset, we know that when it goes up |
| 304 | 00:57:17 --> 00:57:26 | there, and I hit the arrow, I'm sorry, I'm gonna hit the sell button that's toggled for two contracts, and the arrow appears, you'll understand that that |
| 305 | 00:57:26 --> 00:57:35 | wasn't something added after the fact, I'm showing you here because I need to videos gets better. And it's hard to see when things happen. So I wanted to put |
| 306 | 00:57:35 --> 00:57:46 | Seoul to contracts as stated I would, I was ahead of time. Now because I did it, I'm thinking myself. Now I gotta wait here longer because it had I not typed |
| 307 | 00:57:46 --> 00:57:55 | out, sold two contracts as needed, I would, it would have already ran up there and allow me to get it off. So I'm just internal dialogue, it's on sharing with |
| 308 | 00:57:55 --> 00:58:05 | you here. And I make light of it and type take that out to let you know and type it out which made it probably jinx it had the cylinders a little bit longer |
| 309 | 00:58:05 --> 00:58:18 | before it gets enough to sell to other 10 contracts. So all of this here is preamble to a nice run up into two more liquidity pools and one I'm waiting for |
| 310 | 00:58:18 --> 00:58:25 | in a net spike with high at 11,018 quarter. |
| 311 | 00:58:40 --> 00:58:53 | And again, this is sped up a little bit. So it's a sloppy day. And sloppy days are and they're very hard to work with and I don't like to engage them. We'll be |
| 312 | 00:58:53 --> 00:59:03 | doing some of them where I anticipate this likely very thing happening so that we know what it feels like to be in there watching it. Don't turn them off. |
| 313 | 00:59:03 --> 00:59:12 | Okay, you want to know what this feels like? And how to engage them. Okay, you all think, you know, all these setups that I show? You're going to walk out |
| 314 | 00:59:12 --> 00:59:20 | there and do the same thing and know exactly how to do because you've watched some videos like ICT, Netflix, that doesn't work. Okay, you have to be out here |
| 315 | 00:59:20 --> 00:59:32 | in the trenches doing this. And again, this is sped up still. It's literally a little bit more than halfway to speed. If you look at the second count, in the |
| 316 | 00:59:32 --> 00:59:48 | lower right hand corner, it's ticking along, okay. It's it's going more than that at 50% of of the normal speed. So it's going faster than you would be if we |
| 317 | 00:59:48 --> 01:00:00 | were watching in real time. So while this was a recording of real time, it's still long. It's still drawn out. Okay, and this is where you forge Patience and |
| 318 | 01:00:00 --> 01:00:17 | patience is required to do this profitably. And with longevity. So there's no shortcuts, you have to watch price action just like this firm to how you |
| 319 | 01:00:17 --> 01:00:29 | shouldn't be thinking is going to reverse because it's not, it's going to pop higher, and allow me to to contracts all. I want to delete that soul to |
| 320 | 01:00:29 --> 01:00:38 | contracts as the I would, because it's, it started irritating me, because there's too many things on my chart. And I don't trade like this. But for you to |
| 321 | 01:00:38 --> 01:00:52 | learn it, it's edifying for you to have it on the chart. So it's really pop up here. And I'm thinking myself, this is a really drawn out process, a lot of |
| 322 | 01:00:52 --> 01:01:08 | time, just for a small little range still not be delivered yet. And I apologize, because I heard the first portion of this video when I was cropping the two |
| 323 | 01:01:08 --> 01:01:24 | segments together. And the acoustics of my new trading office is not that great. Okay, so the audio will improve. As we go through the process of producing more |
| 324 | 01:01:24 --> 01:01:37 | content, I'm in a new home, in a new room, and I'm literally talking, where my voice is bouncing off my trade desk, and the monitors who so there isn't a lot |
| 325 | 01:01:37 --> 01:01:50 | of muffling that would normally be done. So it's gonna sound like a little annoying, I'm gonna say the audio sucks, or get a new microphone, or I have a |
| 326 | 01:01:50 --> 01:02:02 | very high and expensive microphone, unfortunately, in the rooms, and sometimes I'm in my RV, and my recordings in the the acoustics isn't favorable. So |
| 327 | 01:02:02 --> 01:02:09 | unfortunately, that's, that's going to have an effect on the playback. So I don't use $1 menu, microphone. |
| 328 | 01:02:15 --> 01:02:24 | Okay, so I've got that shaded area in blue, that little thin one. That's a measuring gap. So I'm looking at it as it might give me an institutional order |
| 329 | 01:02:24 --> 01:02:33 | flow, like just trade just into a little bit ABC on your own trying to buy too, if it gives it to me, but I prefer to leave it open. Okay, and if it leaves it |
| 330 | 01:02:33 --> 01:02:48 | open, that's a measuring gap. And I can trust that we're going to go up to 11,050 11,060. Just being facetious, I had to pre type, the torture, so laugh |
| 331 | 01:02:48 --> 01:02:54 | out loud, which in my mind, I'm thinking this is a reason why I gotta wait for it because I typed it out, had I not typed it out, it already went up there. |
| 332 | 01:02:56 --> 01:03:08 | There we go. So two contracts have been taken off as a partial stop is still where I have it. And waiting for it to expand more to the upside. |
| 333 | 01:03:13 --> 01:03:20 | And what I'm saying here, this is like a speed bump level. In other words, don't look at that as resistance don't look at I see a lot of people. There was a |
| 334 | 01:03:20 --> 01:03:33 | fella years ago, Jason Stapleton, okay. And he used to do things like this where you above the candles bodies, he would use that as resistance and sell short |
| 335 | 01:03:33 --> 01:03:44 | there. That's not what the algorithm sees. And we're looking forward to expand through this. And all it was is a small little area to stop, pause a little bit, |
| 336 | 01:03:44 --> 01:03:58 | and then it's going to expand further on the outside. So I'm just zooming out the comments that are no longer salient, and recording where I did, in fact, do |
| 337 | 01:03:58 --> 01:04:07 | what I said I was expected to do and planned on throughout the trade management. So everything's been dimmed out, it's no longer ceiling, but you can still see |
| 338 | 01:04:07 --> 01:04:18 | them in the chart as the price has been booked. Okay, and what I'm going to be watching is how we run above that, and I'm going to trim it down to one contract |
| 339 | 01:04:18 --> 01:04:27 | at a time and I want to see it expand and make a big key and that were a series of big candles going up. The first contract, I'll press I'm going to try to take |
| 340 | 01:04:27 --> 01:04:39 | three of them off about that next level of 11,018 and a quarter. But notice what I do, I don't go and click three at one time. I want to try to gravitate towards |
| 341 | 01:04:39 --> 01:04:48 | that 11,040 level and then there's buyside liquidity now there's me take them one off there. And I'm watching I'm gonna see the expansion there's another one |
| 342 | 01:04:48 --> 01:04:57 | coming off and we'll see if I can get a little bit more movement on this candle. Knowing that it's gonna go to 11,048 and here's the third one. Okay, so now I |
| 343 | 01:04:57 --> 01:05:10 | have five contracts still in Here is the three I just peel off. So now I can begin to consider moving that stop loss up, because I've taken two partials. And |
| 344 | 01:05:10 --> 01:05:20 | it's now below where I think that is a measuring gap. So there's no need for it to trade back down. And if it does, I want to be anywhere. So I'm locked in |
| 345 | 01:05:20 --> 01:05:28 | 3795, on the balance of the trade, with the expectation that we're going to gravitate towards this area here, which I'm going to make more prominent. So you |
| 346 | 01:05:28 --> 01:05:41 | can understand that I'm going to take three contracts above this level. So you know what I'm going to be doing before I do it, I have five contracts still. And |
| 347 | 01:05:41 --> 01:05:50 | I'm gonna do the same thing I just did. Okay, which is running down equity. That's the principle that I named it is the principle is that when we dig into |
| 348 | 01:05:50 --> 01:05:59 | pools of liquidity, we don't just indiscriminant like you've seen me do in other examples. That's the easy way because I'm, I'm recording something and I'm busy, |
| 349 | 01:05:59 --> 01:06:07 | I'm doing other things, I was doing mentorship lessons. And as the one of the share examples, what you're seeing here is exactly how I trade. I'm peeling them |
| 350 | 01:06:07 --> 01:06:15 | off, as the candlesticks are forming, and expanding more and more and more, I'm not just dumping all the, I want to take three off, I'm not just doing okay, let |
| 351 | 01:06:15 --> 01:06:28 | me just take three off immediately, I'm going to try to squeeze as much juice out as a lemon as I can. And sometimes it's really nice. And other times, it |
| 352 | 01:06:29 --> 01:06:38 | doesn't allow me to get all of them off it and we'll come back and reverse not have to either exit the trade or maybe even retrace more and allows me to add |
| 353 | 01:06:38 --> 01:06:50 | more. I'm not wanting to add anything here. But reminding you all here, as viewers that there's actual buy stops resting above. There's relatively equal |
| 354 | 01:06:50 --> 01:07:00 | highs, and they're gonna be targeted by the algorithm. And I'll remind you all that three contracts will be peeled off the same way I just did it when we went |
| 355 | 01:07:00 --> 01:07:11 | above 11,018 and a quarter. So everything's going as planned again, using trading view real time. You can't do this with Market Replay, you can't fake |
| 356 | 01:07:11 --> 01:07:18 | this. It's all online, you see everything you're seeing all the order numbers, everything's popping up, as you would expect it. So I'm taking off one, two |
| 357 | 01:07:18 --> 01:07:28 | contracts. One more contract, when we expand about the high, I'm going to see it make a big bold move above the candles high right there, see how it's doing that |
| 358 | 01:07:28 --> 01:07:39 | now I'm running down equity, every time we make a new high, peeling one off. So now I have two contracts. And I want to see if we can get up into that volume |
| 359 | 01:07:39 --> 01:07:47 | and balance that shaded yellow orangish area where I have typed out focus all the way up here. daily volume and balance. Now think about where it's trading at |
| 360 | 01:07:47 --> 01:07:56 | right now. If I fail here, then it comes all the way down and takes my stop loss from this point here. I don't care. I don't care. Because I've taken the lion's |
| 361 | 01:07:56 --> 01:08:09 | portion of the move. I've been very precise about where I've entered with logic. I've taken logical levels of partial profits along the way, where smart money |
| 362 | 01:08:09 --> 01:08:20 | would engage because this is where the liquidity is. So I'm going to be looking for a run up into this area here. You probably already seen the little small |
| 363 | 01:08:20 --> 01:08:29 | video I posted on Twitter earlier today when it was just done. moment after I completed the trade. And then this evening, I shared it again on YouTube, |
| 364 | 01:08:30 --> 01:08:43 | because I knew someone or some of you like to steal credit and put videos by me that I don't unfortunately put the watermarks on. And you try to claim that |
| 365 | 01:08:43 --> 01:08:53 | they're yours. I don't like that it's disrespectful in the trading community shouldn't allow those types of things. And to someone who doesn't know who I am, |
| 366 | 01:08:54 --> 01:09:01 | you might watch a video like this by someone else posting it on their channel, or sharing it on their Facebook or their Twitter or telegram or something to |
| 367 | 01:09:01 --> 01:09:15 | that effect. And Instagram, you heroes. Now think that wow, you you treated that, but they didn't you're seeing me do it. So I mentioned here I don't care |
| 368 | 01:09:15 --> 01:09:25 | if I get stopped out. And now moving on stop off aggressively. So again, the point is, is I've already took the portion of the trade off, that would be my |
| 369 | 01:09:25 --> 01:09:35 | opinion, the bulk. And I wish I would have taken one off here in hindsight like I wish I would have taken one because we need a higher high there. And I'm |
| 370 | 01:09:35 --> 01:09:41 | thinking I want to do it. But I'm like, man, let me just show you that these orders are there. That's where I executed some flashing them on and off. It's |
| 371 | 01:09:41 --> 01:09:51 | not an impatient after the fact. This is real time data being recorded right there. And executions are as exactly as they are at the time. The trade ends now |
| 372 | 01:09:51 --> 01:09:58 | I'm changing the tics because I know I have people again, they don't like the fact that I showed the paper trade in dollar terms are like oh, you're flexing |
| 373 | 01:09:58 --> 01:10:09 | I'm not flexing I'm just don't care about the money because I can't spend that. But for those of you who like to see the ticks, you go, we're not doing 40 Tick |
| 374 | 01:10:09 --> 01:10:21 | trades, renewal monster, several 100 Tick trades. That's a championship level greed trader, not somebody that's going in here. nickel and dime and dollar menu |
| 375 | 01:10:21 --> 01:10:28 | trader, daily vine unbalanced is my trade Terminus or final target. |
| 376 | 01:10:34 --> 01:10:46 | And unfortunately, as most of you already know, is not a spoiler, I get stopped out after I take one of them contracts off because I feel like it's failing. |
| 377 | 01:10:48 --> 01:10:58 | Like, right here is an opportunity, I should be taking one off, and I don't. Because I really want to see it, stop me out quickly, or run up here and hit my |
| 378 | 01:10:58 --> 01:11:12 | limit order. And I'm done. I'm at my wit's end, to be honest with you, because I know I don't usually trade this late on FOMC and or Non Farm Payroll week. But |
| 379 | 01:11:12 --> 01:11:19 | to teach you why. And I know some of you are looking to say, oh, man, what's wrong with this is that I want to trade like this. I don't like trading like |
| 380 | 01:11:19 --> 01:11:28 | this. Because the moves I usually trade in are much cleaner, they're much more faster running to my target. I don't have all this, I mean, think about this is |
| 381 | 01:11:28 --> 01:11:47 | a one minute chart. And these candles are really lethargic. So I'm hoping at the time of this, right here, it springs up air and snaps into that 11,075 50 level. |
| 382 | 01:11:47 --> 01:11:58 | And allow me to get the limit or on last two contracts. Noting that there's equal highs here, and I'm thinking to myself, if it can go above that, I'm going |
| 383 | 01:11:58 --> 01:12:07 | to collapse and just be done. But I'm thinking, if I do that, then it looks like I'm not trying to hold my target. So I look like I'm a weak mentor. This is all |
| 384 | 01:12:07 --> 01:12:20 | the internal dialogue. Something unless I'm okay, I probably missed the opportunity. But if we run back up and rebounds this range. So in other words, |
| 385 | 01:12:20 --> 01:12:29 | this down close candle, if we come back up, I'm going to take one of them off. That way, if it does stop me out, at least I didn't get stopped out on the fall |
| 386 | 01:12:29 --> 01:12:37 | two contracts on the trail, stop loss, job stop losses, this is how you manage positions. I agree there's people out there that can't be profitable, haven't |
| 387 | 01:12:37 --> 01:12:47 | shown to be profitable, and are waffling on new life dreams with nonsense that come over your face about why markets do this and do that. They'll say that |
| 388 | 01:12:47 --> 01:12:55 | trailing stop losses are nonsense, and that you shouldn't be worrying about it. Well, if you're gonna be taken down several 100 600 500 Tick type trades, and I |
| 389 | 01:12:55 --> 01:13:05 | took one contract off here to reduce the likelihood of this thing if I got stopped out on the fall to or meaning contracts. So now I don't really care |
| 390 | 01:13:05 --> 01:13:18 | whatsoever if it trades up to my limit or takes my stop. Because I got nine contracts in the bank, and will proverbial bank, right? It's paper trade. So the |
| 391 | 01:13:18 --> 01:13:29 | other opportunity here I had and I miss it too is that relative equal high at liner drawn across them. If it trades above that, then I could collapse it there |
| 392 | 01:13:29 --> 01:13:39 | and be done. And then when again, look like I can't hold for my target. Why didn't I hold for my target. So I just commit to the idea that I'm going to let |
| 393 | 01:13:39 --> 01:13:49 | take my stock or hit my target. Because where it's at right now I could care less. It's it's a beautiful run. And you got to protect it, you have to have an |
| 394 | 01:13:49 --> 01:13:57 | understanding of how to trail stop losses. And you'll listen to people that have no real context as to where they should place a stop loss or trailing. They'll |
| 395 | 01:13:57 --> 01:14:07 | just put a stop loss on the chart moving around. And you ever seen them show you examples where they have a stop loss and then the open the stop up wider or the |
| 396 | 01:14:07 --> 01:14:14 | trade zone. I don't ever do that. I don't do that. That's somebody that's communicating. They have no idea what price is going to do. They have no idea |
| 397 | 01:14:14 --> 01:14:21 | how to trade and they're gambling, and there's hoping it's going to move in their favor. And when it wiggles a little bit they don't know how far it's going |
| 398 | 01:14:21 --> 01:14:32 | to retrace. See, that's the benefit of knowing someone that's been doing it for 30 years. I know how these markets book clearly. And it's not to brag I'm not |
| 399 | 01:14:32 --> 01:14:42 | bragging unshown trying to show you by contrast, without really belittling anybody in particular. But you probably have seen many people across the years |
| 400 | 01:14:42 --> 01:14:54 | or months or weeks of you YouTube and other social media. How many have you ever seen manage their trades like this and show you that they can do it? showing you |
| 401 | 01:14:54 --> 01:15:06 | a trade log of history of trades is not proof. That's not proof of anybody can do that. Anybody can create something like that. But when you get in there, |
| 402 | 01:15:06 --> 01:15:16 | whether it's paper trading, whether it's a demo or live, if they can execute with the logic that they supposedly understand and teach, and manage the |
| 403 | 01:15:16 --> 01:15:27 | positions, and negotiate targets, and they can see parcels being peeled off, that's undeniable. And I'm using a medium that I can't fake. Not that it's my |
| 404 | 01:15:27 --> 01:15:37 | character to do that, but TradingView doing this, you can't fake this, this is real. And I'm saying here, you witness me trading, my market maker bimodal. |
| 405 | 01:15:38 --> 01:15:49 | Again, you can find out more information about that on my Scout Sniper series in my YouTube channel. I don't recall how many videos are in that series. But |
| 406 | 01:15:50 --> 01:16:02 | that's the series I introduced waterblock theory initially. And if I'm not mistaken, I do believe that's the also the teaching series that I did bring in |
| 407 | 01:16:02 --> 01:16:04 | the market maker buy and sell model. |
| 408 | 01:16:11 --> 01:16:23 | So it came real close my stop loss on forex, that would have stopped me. It's the difference in the markets. And these are a lot more forgiving and more |
| 409 | 01:16:23 --> 01:16:35 | precise than Forex. And I have no interest in returning back to Forex in my own trading. So I don't have any I'll do analysis for you all this year, but I'm not |
| 410 | 01:16:35 --> 01:16:46 | personally going to be trading Forex anymore. And you're probably wondering why why the mind on it with the central bank, digital currencies that are going to |
| 411 | 01:16:46 --> 01:17:01 | come online this year, that's gonna have a major impact on crypto and also Forex. It may create huge risk. So I'm not opening myself up to that I'd rather |
| 412 | 01:17:01 --> 01:17:11 | be in a market that caught my teeth on which is this market Raider. In the early 90s, I was a bond and s&p trader so many of the people that are pretending to be |
| 413 | 01:17:11 --> 01:17:20 | educators today, or quote unquote, profitable traders, they were in elementary school, or not even born when I was trading s&p. |
| 414 | 01:17:27 --> 01:17:37 | Alright, here, I have the opportunity to peel that last one off and be done with it when it runs just above that relative equal high and little trendline that I |
| 415 | 01:17:37 --> 01:17:39 | don't extend over. But |
| 416 | 01:17:45 --> 01:17:59 | that was my little chance to do I'm looking at that as my last line of defense it needs to run here and go to my target. Or if it runs above that, relative |
| 417 | 01:17:59 --> 01:18:11 | equal high to the left and fails that I'm done, which is in fact what you'll see happen. But you want to get your position funded, that means take partials along |
| 418 | 01:18:11 --> 01:18:21 | the way and then move your stop to a point of there's no real consequence to you being stopped out you don't care I have no emotional commitment to the results |
| 419 | 01:18:21 --> 01:18:31 | at this point. Now if it now right there, that right there should have been me peeling it off. And there was a funded real live trading account. I would have |
| 420 | 01:18:31 --> 01:18:45 | done that because I run impatient because we're looking at the time going into noon and that lunch hour is usually when we have a retracement and you'll see |
| 421 | 01:18:45 --> 01:18:48 | that occur here and take my stop |
| 422 | 01:18:54 --> 01:19:05 | having your trade managed with a trailing stop loss knowing where to place your stop loss and here's my stop and the saying of the nice trade over 500 ticks for |
| 423 | 01:19:05 --> 01:19:07 | those who like to count that kind of stat |
| 424 | 01:19:14 --> 01:19:26 | Okay, and now you're gonna see it in real close to real time I'm showing the executions again today nothing's changed everything as I was flashing them |
| 425 | 01:19:26 --> 01:19:37 | earlier during the live portion price booking me managing trade. Everything here showing you from the lowest point all of this is exactly how you would see it on |
| 426 | 01:19:37 --> 01:19:50 | trading view if you did it yourself. No trickery. No fraud, no making up new empty for rented MC for servers. I don't do those things. Okay. People that |
| 427 | 01:19:50 --> 01:19:58 | can't trade like me or that precise. They like to make up all kinds of nonsense, and stories that justify why some people should collect to become against me |
| 428 | 01:19:58 --> 01:20:07 | with hate or can't Over ICT. If I'm going to do what I'm doing here, and what I've done already for the community, which in my opinion is more than anyone |
| 429 | 01:20:07 --> 01:20:17 | else, I could be making millions of dollars teaching. And I'm choosing not to do that. And I'm going to invest my time in all of you for free. Take advantage of |
| 430 | 01:20:17 --> 01:20:27 | it, because I'm not going to be doing it again. So many people's asked me to talk about your real time data, show it live do this call this, I'm going to do |
| 431 | 01:20:27 --> 01:20:42 | it for the entire year. And they're still going to be people doubting. So for an FOMC day, I call this satisfactory. Alright, so in summary, I promise I will |
| 432 | 01:20:42 --> 01:20:55 | show you in relationship to the US on 100. CFD, non US trader, like if you're using MT for broker type thing, and you can't trade the futures contract in the |
| 433 | 01:20:55 --> 01:21:07 | US. Okay, I'll show you the relationship of how it performed. It actually did better than the actual futures contract in respect to that daily alignment |
| 434 | 01:21:07 --> 01:21:30 | balance. But this trade was a paper tree. And there is the count history. So from 100, all the way up to finally at 121,000 aren't any fat ours 21.1% Return |
| 435 | 01:21:31 --> 01:21:47 | on trade. And then there's the business. And see, it's all real, our executions done, just like you saw me record them. Okay. And because I know trading view |
| 436 | 01:21:47 --> 01:22:01 | follows me on Twitter. And because I knew that they may have a way to monitor remind trades and track them. I don't like that kind of stuff. You may think |
| 437 | 01:22:01 --> 01:22:12 | that schizophrenic. You may look at it as other reasons why Oh, you're trying to hide that you're trying to hide that. I will, okay, I will show you how to build |
| 438 | 01:22:12 --> 01:22:24 | up an account in 2023. Okay, I don't need to do it like this, like, this is me doing championship level type training. So that's not promised to you. But I |
| 439 | 01:22:24 --> 01:22:33 | will show you how to build an account. So how like a funded account how to get how to pass up on that account. And then how to manage it once you get it |
| 440 | 01:22:33 --> 01:22:42 | properly, and not, not try to shoot for the stars with these types of results. Because this is, again, this is championship level trading. Like if you're in |
| 441 | 01:22:42 --> 01:22:53 | competition, you're trying to show the inferior competition that they can't even be in the same vicinity or arena as you this is what you do. Okay, and this is |
| 442 | 01:22:53 --> 01:23:06 | the part that irks people, okay, I always do this. And I have always done that with my empty for demo accounts, too. And be it drives people nuts, like it |
| 443 | 01:23:06 --> 01:23:21 | drives people nuts. And I don't care because I know, the more people that know about me, the more likely they are to be able to look into what it is undoing in |
| 444 | 01:23:22 --> 01:23:31 | our hate to have someone attached some kind of trade copier, I can't stand the idea of that actually happening. So that's why I do it. You know, I'll do |
| 445 | 01:23:31 --> 01:23:40 | examples like this, show my son or show all of you. And then ongoing, I'll do a bunch of nonsense trades, okay, and then delete the account, as I've done it, |
| 446 | 01:23:40 --> 01:23:50 | since I've been on trading view. And a few times I did it in private showing my private mentorship group, they watched me run up an account there too. And it's |
| 447 | 01:23:50 --> 01:24:08 | just a matter of not wanting to be trapped. Basically, that's it, it to me. It's not important, you know, because I'm not selling signals. I can clearly do this. |
| 448 | 01:24:09 --> 01:24:19 | I can do it whenever I want to do it. And it's not imperative that I show you every single trade in an account. I don't I don't need to do that. Okay, and you |
| 449 | 01:24:19 --> 01:24:27 | might think I'm obligated to do that I'm not. I'm going to challenge you to look at the things I'm showing you here. And all the other examples that I make |
| 450 | 01:24:27 --> 01:24:37 | public and see if it's not the logic that I've actually taught you in the tutorials and all lectures, because it's the exact logic is not something else. |
| 451 | 01:24:37 --> 01:24:47 | It's not a twisting and contortion of things that make it feel like it's like that, but it's really not. It's absolutely right on the lectures exactly as I |
| 452 | 01:24:47 --> 01:25:02 | taught it, because it's the algorithm is the outcome. So let's take a look at enclosing the US 100 Okay, well I'm gonna use this one here. Okay, I've used |
| 453 | 01:25:02 --> 01:25:22 | those leaves interchangeably, but for this one here, because I already have my notes on it, I'll use that. And you can see that everything being equal there is |
| 454 | 01:25:22 --> 01:25:35 | the one imbalance. Not exactly as I mentioned before, it doesn't look exactly like the futures market. But it's real close to it. And the trades down into |
| 455 | 01:25:35 --> 01:25:51 | here rallies up here here's that fair Vega after swing high, so there's your shift in market structure there comes down hits the top of the woman in balance, |
| 456 | 01:25:51 --> 01:26:02 | and inside of the fair value gap on the one minute chart here. So he stopped it should not completely closed that in rallies. Here's your imbalance here. It |
| 457 | 01:26:02 --> 01:26:13 | should not completely close in leave it open it does trades into a little bit but leaves it open as you would expect. In rallies. Rejection block partial |
| 458 | 01:26:13 --> 01:26:25 | right there. This week. Hi, partial their relative equal highs taken Yes. And then to daily volume imbalance. Okay, so look at the respect of it here. Where's |
| 459 | 01:26:25 --> 01:26:37 | that coming from? Right? It's nothing new here. That's the daily volume imbalance. Algorithm. Okay, so same market, making signatures in the US 100 For |
| 460 | 01:26:37 --> 01:26:47 | non US traders. So don't feel like oh, you're not doing Forex, ICT love us anymore. You can trade with your Forex broker and trade the US 100 or the US |
| 461 | 01:26:47 --> 01:26:59 | 500. It's tracking very close to it won't be the same price. But it's tracking the same behavior. We'll say it that way. Okay, it's not gonna be perfect, |
| 462 | 01:26:59 --> 01:27:06 | identical, but it's going to be enough for you to be able to treat it. And if you can look at this and see what I'm showing you. It isn't this close enough? |
| 463 | 01:27:07 --> 01:27:20 | Like if you don't have the opportunity to trade the US futures market, isn't this good enough to study. So that's all I'm asking you to pour yourself into |
| 464 | 01:27:20 --> 01:27:32 | it. And look for these types of moves, and you'll find them now this is not model 2022 mentorship, okay. This is me teaching you an actual execution based |
| 465 | 01:27:32 --> 01:27:45 | on real market making. It's not like off. It's not anything except for what I taught in my core content lessons and my sniper series. So this is actually me |
| 466 | 01:27:45 --> 01:27:55 | in entering on the low risk buy. So this is Smart Money reversal. Let me walk you through it real quick. Original consolidation, we leave italic to come back |
| 467 | 01:27:55 --> 01:28:08 | up and consolidation, distribution, redistribution, Smart Money reversal, low risk by Re accumulation, re accumulation. Back to the original consolidation, |
| 468 | 01:28:08 --> 01:28:20 | whereby some liquidity is, there you go. That's the market maker bimodal. Okay. Everything that I used to go long in the Nasdaq futures, is what I've taught |
| 469 | 01:28:20 --> 01:28:33 | with these models. This is an entire model. You can be divided in here and activate your entire run right there and you're done. Or you could wait for this |
| 470 | 01:28:33 --> 01:28:42 | move here, buy it and then wait for it to get the relative equal highs and not trade down here, that's fine. Or you can buy here, add here, add here in India. |
| 471 | 01:28:43 --> 01:28:52 | So it's a matter of what it makes sense to you. If it doesn't make sense where you take the entries I use, that's fine. Don't don't feel that you |
| 472 | 01:28:52 --> 01:28:59 | have to be able to see every entry and understand why I'm doing it. You're going to find over the course of this year, there's going to be patterns and setups |
| 473 | 01:28:59 --> 01:29:07 | that I refer to that you already see coming in when you hear me talk about it, you're going to be smiling and grinning much like you are right now because some |
| 474 | 01:29:07 --> 01:29:18 | of you already know what this feels like. You're seeing your model, your setup, your choice setup, that unique thing that's gonna make you the consistent trader |
| 475 | 01:29:18 --> 01:29:32 | that you're aspiring to be in don't let anybody me included, drive you into one particular approach to entry or timeframe or market. Everything that I'm |
| 476 | 01:29:32 --> 01:29:44 | teaching you here works in forex, any pair, it works in stocks, it works in commodities, it works in bonds, it works in currency futures it works in |
| 477 | 01:29:44 --> 01:29:54 | obviously index futures. Okay, so I'm not going to cosign crypto because I don't trade crypto. I have no experience with it except for trading a demo. And that |
| 478 | 01:29:54 --> 01:30:08 | doesn't mean anything. Okay. I have traded these markets us futures The s&p, actually s&p back in 1993. That was the earliest trade I took in that market. |
| 479 | 01:30:08 --> 01:30:19 | And I traded bonds in 1983. So, again, most of you guys out there, and you're learning from our try to learn from, or pretend to be teachers, they weren't |
| 480 | 01:30:19 --> 01:30:30 | even born yet. And the other ones that are older that are trying to teach the, they were in elementary school, when I was trading these markets, so it's a lot |
| 481 | 01:30:30 --> 01:30:39 | of older traders than me, I'm just saying that, by far and large, the most Talking Heads today that try to be educators. They haven't been around long |
| 482 | 01:30:39 --> 01:30:51 | enough to know what it is they haven't seen market crashes, they haven't seen bubbles, except for the crypto bubble. Who cares that I'm the necessary scars |
| 483 | 01:30:52 --> 01:31:06 | and trauma that comes from doing it for a long time. You don't have that. And you want to learn from somebody that's gone through it, and seen the ugly side |
| 484 | 01:31:06 --> 01:31:15 | of all this stuff, and claw their way through it. And that's what I'm trying to present to you here. Just what three decades of it. And if the Lord gives me |
| 485 | 01:31:15 --> 01:31:28 | time to do four decades and great, but that fourth decade will be in private, because I'm just trying to pour myself out publicly here for the last time. And |
| 486 | 01:31:28 --> 01:31:40 | it's up to you to seize upon that opportunity and make the best of it because once it's gone, this 50 year old dude that's been talking to you is he's done. |
| 487 | 01:31:41 --> 01:31:54 | I'm going to be doing other things in my life that will bring me and my family enjoyment. Not that I won't miss doing this because I will but I won't be doing |
| 488 | 01:31:54 --> 01:32:05 | it at the pace that you're used to seeing. So hopefully you found this one insight I'm it was very long, but this is about what the live session is going |
| 489 | 01:32:05 --> 01:32:13 | to feel like so if you got into this thinking that trading is like those little vignette videos where you only takes two minutes to get money. You're gonna be |
| 490 | 01:32:13 --> 01:32:26 | in for a rude awakening, because it's a lot of waiting. A lot of waiting and waiting and deciding and second guessing and all that stuff. No. So get ready |
| 491 | 01:32:26 --> 01:32:36 | for it. Because whether you're here live when it's happening or watching the recording, it's going to be very, very long. And this is the way it is. Until |
| 492 | 01:32:36 --> 01:32:38 | next time. Be safe |