ICT YT - 2023-01-10 - ICT ES Futures Review - January 09 2023
Last modified by Drunk Monkey on 2023-09-26 13:37
Outline
00:00 - Index Futures Review -.
03:07 - Daily volume imbalance and support resistance.
08:42 - Hourly fair value gap.
11:26 - One minute chart and 5 minute chart.
17:45 - What’s going on in the market.
23:25 - Why I'm not afraid of entering this market -.
25:56 - The US 500 is not a futures market, it’s a CFD.
31:34 - Look past the adversities and learn how to do this.
34:01 - Follow this young man’s social media platform.
39:13 - What would a quarter million dollars do for you as an individual?
Transcription
1 | 00:00:00 --> 00:00:14 | ICT: Folks, welcome back. This is our index futures review. And obviously, you can see we had a pretty dynamic day to day. Particular attention to this down |
2 | 00:00:14 --> 00:00:25 | close candle right here in this high in this higher high, this pattern right here from high, low, high or high, this is my bearish breaker |
3 | 00:00:34 --> 00:00:48 | Okay, so we can see how inside of this imbalance you can use that. Yes, I'm looking at this breaker also. So why didn't my did my call any higher level than |
4 | 00:00:48 --> 00:01:02 | 3969? Today? This, this is the very reason why. Now, could it have gone higher? Absolutely. Did I hold to 3969? No, I got stopped out prematurely. And I had to |
5 | 00:01:02 --> 00:01:10 | get away from the computers and my attention had to be elsewhere. So long story short, and get stopped out it is what it is. But I managed something for you |
6 | 00:01:10 --> 00:01:19 | today. walk you through it minute by minute on Twitter. And you're welcome to go through the tweets on January 9 2023. They're all there, nothing edited. Nothing |
7 | 00:01:20 --> 00:01:31 | deleted. Okay. So contrast this breaker where the market goes up into that, which is mean threshold. Half of an order block is mean threshold half of an |
8 | 00:01:31 --> 00:01:48 | imbalance like this here to here. That is consequent encroachment. So there's several things there. Notice that half of this range approximately is about |
9 | 00:01:48 --> 00:02:04 | right here. And then you have half of the breaker here. Right there. Okay, add to that, once we drop down to the hourly chart, the levels I gave you this |
10 | 00:02:04 --> 00:02:17 | morning, before the market started gyrating. Okay. Now, so you're like, Okay, that's great now. But what's it going to do next? I'm watching how we react on |
11 | 00:02:17 --> 00:02:21 | this candle here. Okay, so this open |
12 | 00:02:32 --> 00:02:40 | on this candle here, I'm watching that, that is a potential order block that I like, we'll see that once you get down to it and show some kind of respect |
13 | 00:02:40 --> 00:02:53 | there. But if it doesn't, this one here, mean threshold of that candle right there is the last line in the sand. If it fails, the whole price higher, then |
14 | 00:02:53 --> 00:03:08 | we're going to most likely attack the sell side here. It would need to get back above half of this wick on a closing basis for me to feel bullish again. Okay, |
15 | 00:03:08 --> 00:03:17 | so it makes it real short and sweet. And we're gonna drop down to the hourly or here's hourly, E Mini s&p. And here's our daily volume imbalance. And we have a |
16 | 00:03:17 --> 00:03:27 | fair value gap right there. So institutional order financial year, all right, they're going down just a little bit into the gap. And rallying up to our levels |
17 | 00:03:27 --> 00:03:41 | that I shared on Twitter this morning. We have a gap opening here. So it's a new week gap opening that we'll look at that and lower timeframes. And also notice |
18 | 00:03:41 --> 00:03:48 | how we found some support rates have their own daily volume and bounce. Pretty cool. And this is exactly what you would expect to see from support resistance |
19 | 00:03:48 --> 00:03:58 | but it does simply never works that good when you try to draw highs and lows and diagonal support resistance that doesn't exist. I know some of you get mad when |
20 | 00:03:58 --> 00:04:09 | I say that, but the algorithm has no respect for that kind of thing. Okay, but let's drop into Lesson actually go back a little bit I'm gonna show you where |
21 | 00:04:09 --> 00:04:24 | are anchored these levels right there. Okay, so this area right here is where I have the high of 30 969 and a quarter and the low of 3959 and a half. This |
22 | 00:04:24 --> 00:04:36 | candle is high, you're looking at that value right there. That candles high, they're gonna get in the air. And this candles low 3969 A quarter, which is this |
23 | 00:04:36 --> 00:04:46 | level here. Watch that candles low 36 million a quarter. And that's what you see there's levels here. So what's happened was the market trades down, comes back |
24 | 00:04:46 --> 00:04:56 | up trades down one single pass comes up starts there goes lower. So it left an inefficiency here so that's a fair value get what kind of your backup is that? A |
25 | 00:04:56 --> 00:05:11 | city sellside imbalance by side interface tendency, okay, so it's gonna want to see a move back up into it. And we see that actually occur today, beautiful look |
26 | 00:05:11 --> 00:05:21 | at the bodies of the candles respecting the higher that fair Vega, and the beautiful like that, to me never grows old, it's such a beautiful sight to see. |
27 | 00:05:21 --> 00:05:31 | And when you see something perform as you'd expect it to. And it's been codified the same way for years, it just keeps going over and over and over again, the |
28 | 00:05:31 --> 00:05:39 | same logic is always unfolding and you keep worrying about whether it's going to be fail or stop working. Keep trading it until it stops working, let's do it |
29 | 00:05:39 --> 00:05:48 | that way. Okay, for all of you have this concern that you know, what I'm teaching is going to make the markets change or stop working or stop falling it |
30 | 00:05:48 --> 00:05:58 | just keep trading it until it no longer works, okay? Just do that, and you'll be fine. Now, one of the things I'm concerned about is if we came up here, and it |
31 | 00:05:58 --> 00:06:08 | may be a little too early to tell, I don't know. But if we lose this fair value get okay, because that's the next one down here, between this low and this high |
32 | 00:06:09 --> 00:06:22 | equilibrium. Let me show you what I'm referring to now. Equilibrium is here. So below equilibrium for discount, we have this here. Okay, so if we get below |
33 | 00:06:22 --> 00:06:34 | this, me and look at all the liquidity below that well, this love this love, there's a ton of money, this sitting right there at 3818 and 30, even, like, |
34 | 00:06:34 --> 00:06:48 | enormous amount of liquidity. So I'm watching this here with the expectation that if this gives way, and it goes down below, it maybe comes back up acts as |
35 | 00:06:48 --> 00:06:55 | resistance doesn't need to do that. But if it did something like that, then I would be looking for a nice run here. But I'm studying it watching, see what we |
36 | 00:06:55 --> 00:07:03 | get from here. But let's flush this out a little bit more and have a little bit of a fair value gap in here. And we do get into that, you'll see that when we |
37 | 00:07:03 --> 00:07:17 | dropped down to 30 minute time frame, which we're going to do right now. And this is the level and levels that I showed you today in Twitter. And if you're |
38 | 00:07:17 --> 00:07:24 | not a subscriber to my Twitter, Twitter feed, I know some of you are like, Oh, I'm not gonna get on Twitter, I'm not going to do it. Okay, well, you're not |
39 | 00:07:24 --> 00:07:34 | going to be informed. Okay? I mean, that's what I use to alert everyone. It's a nice function. For those that don't follow me with English. If you're outside of |
40 | 00:07:34 --> 00:07:45 | the country, we're outside my native tongue in English. That is easily fixed by using Twitter because you can click the Translate thing only to one of my |
41 | 00:07:45 --> 00:07:52 | tweets, and then it'll translate it for you. It's also real time, just like me giving you a text message right from my phone to your phone. And then we |
42 | 00:07:52 --> 00:08:04 | worrying you all day long during the New York session, okay, in the morning hours between roughly 830 and 210 o'clock, okay, I'll probably worry to death, |
43 | 00:08:04 --> 00:08:12 | you know, with lots of alerts and such. But if you want to learn how to do it, and you want to have a minute by minute until we start on the February 7, live |
44 | 00:08:12 --> 00:08:22 | streams, this is the way I'm going to do it. Okay, so if I'm tweeting too much, or I'm too busy, just turn your notifications off and look at it after I block |
45 | 00:08:22 --> 00:08:31 | people that complain, because I'm giving you my time for free. Okay, if you're gonna give me your criticisms, and that you don't appreciate being, you know, |
46 | 00:08:31 --> 00:08:39 | alerted that many times, you know, then unsubscribe and go follow someone else. I really don't. I don't mind sending you on your way if you're going to be |
47 | 00:08:40 --> 00:08:54 | disrespectful. So the low in the high on the hourly, Sydney, fair value gap. Here it is here. And here, okay. Here we have that hourly fair value gap and the |
48 | 00:08:54 --> 00:09:05 | top of that daily volume imbalance that right here, this orange shaded area. That's what we were looking for as an upside objective last week, and it got to |
49 | 00:09:05 --> 00:09:14 | it and then we found some support there. Okay, and then the market rallies, trades up into the low end objective, I was not a participant to the 59 level. I |
50 | 00:09:14 --> 00:09:26 | rounded it down to 59 during the tweets, so you'll see that and then even on my chart, it's set to 3959 00 level because it was rough, roughly doing it with my |
51 | 00:09:26 --> 00:09:36 | eye. But this is actually the measurement between the high and the low of that fair value gap on the hourly chart. So the mid range, that is consequent |
52 | 00:09:36 --> 00:09:50 | curtailment and it's 3959 and three quarters so that we know that's the actual level. Once it gets to the top of the hourly fair value gap. It noon time lunch |
53 | 00:09:50 --> 00:10:05 | has a market reversal. Small little gap in here. trades up into that beautifully sells off. Here we have a set We are traced right back up into the city, leave |
54 | 00:10:05 --> 00:10:14 | some open, which is what you would like to see if it's going to be heavy and weak. The market trades lower into the daily volume and bounce down into our new |
55 | 00:10:14 --> 00:10:23 | week gap opening. I mentioned this a little premature. And I'll tell you the reason why I did that layer one, and drill down into this imbalance. And |
56 | 00:10:23 --> 00:10:33 | finally, while we're doing our discussion here, it's trading down into that. So just a beautiful breakdown. Crazy meltdown on s&p. To me, I think this is |
57 | 00:10:33 --> 00:10:42 | noteworthy, I think we've probably most likely and I'm prepared to be wrong. But we most likely put the high of the weekend probably already. And it'll be |
58 | 00:10:42 --> 00:10:52 | interesting to see how we trade. Now going forward. That's my opinion. Don't bet the farm on it. But that's what I'm thinking we've seen so far. And let's go |
59 | 00:10:52 --> 00:11:05 | down to Mario victim insurance, it's good to have five minutes. All right, so now we're gonna get a little bit more busy on the chart. Some of these things |
60 | 00:11:05 --> 00:11:15 | are going to be a little clustered up, I apologize. But it's been a lot of things that was being discussed today. And we have Sal Seibel are these |
61 | 00:11:15 --> 00:11:25 | relatively equal lows here, the market drops down this candle here is Ito five, there really wasn't any news driver today. So you have to wait until 930 |
62 | 00:11:25 --> 00:11:30 | opening. Okay, so I tweeted that. So let's just relax and let things pan out like they would. |
63 | 00:11:31 --> 00:11:43 | And I drew your attention to a breaker on a one minute chart and five minute chart in the range on the five minute candle right here at the 735 candle. |
64 | 00:11:44 --> 00:11:54 | That's what I wanted you to draw out in time extending out and it was a little bit choppy took the sell side here, then took out the buy side here traded down |
65 | 00:11:54 --> 00:12:02 | to the order block. And I mentioned this also one Twitter so that way you can see that one here. And then we were consolidating around inside the breaker |
66 | 00:12:02 --> 00:12:12 | which is exactly what I told you to take the rectangle on the five minute chart and extended out in time. And then we went down whipped through at 930 Open took |
67 | 00:12:12 --> 00:12:19 | out the sell side here trade into an order block right there. Now I did not mention this much okay, because it was all happening real fast. And I got |
68 | 00:12:19 --> 00:12:32 | disoriented because I was trying to do the folks a favor that cannot trade ES and have to use the US 500 So I toggled I was toggling back and forth with my |
69 | 00:12:32 --> 00:12:42 | charts you looking at one chart with the US 500 and and looking at the chart for ES which is the market actually trade. And I got disoriented in the back and |
70 | 00:12:42 --> 00:12:54 | forth looking at it because like what so I said okay, note the new week opening gap down here when we went down here like this, okay, note that and that was an |
71 | 00:12:54 --> 00:13:03 | error on my part because you can see it in my tweets where I mentioned right when or run down like this and kind of back off of it. I'm highlighting this |
72 | 00:13:03 --> 00:13:15 | because I thought I saw something in the US 500 but was referring to it as if it were this chart here. Yes. For s&p 500 futures, the prices are going to be |
73 | 00:13:15 --> 00:13:28 | slightly different if you're comparing ES and the US 500 chart now look at the US bar chart before I close this one out. But the market reversed in here and US |
74 | 00:13:28 --> 00:13:39 | Okay, we're back inside the breaker. I said return your attention back to 3950 up here when we were in here then go back on with a tweet and you'll see that's |
75 | 00:13:39 --> 00:13:51 | the case it rallies up and then we took out this short term high and I said okay, when you get to your fair ageia Which we'll see right in here we'll drop |
76 | 00:13:51 --> 00:14:02 | into one minute chart let's get right into that as is already getting long winded it's okay ICT we might come on ones and other folks making videos too |
77 | 00:14:02 --> 00:14:14 | long and could have done it in five minutes. You could have done this video in 30 seconds ICT and now the see Do it do it all live mock it up like this and |
78 | 00:14:14 --> 00:14:21 | then come back and explain it in 30 seconds where it makes sense or it's useful not just and this is what I did right so |
79 | 00:14:28 --> 00:14:43 | this is your one minute chart. So we had Sal Cibola here with down through it came back above connect down to the order block here on the lead that was the |
80 | 00:14:45 --> 00:14:58 | eight o'clock candle at eight o'clock candle. So we found some support there watching consolidating and I mentioned on Twitter that we would likely rally |
81 | 00:14:58 --> 00:15:09 | higher reach up into this short term high here. And then we got 12 candles of around 10 to 12 candles. That's okay, you would say right now this is a partial, |
82 | 00:15:10 --> 00:15:20 | you would mark that as a screenshot that we can see what it looks like. So from here to here, that's a bread and butter setup. Then we came back now, this is |
83 | 00:15:20 --> 00:15:32 | the range, I told you. The drag out crossover, you want to find the charts, that you're bullish breaker, its market wicks down at 930. Open, takes out the sell |
84 | 00:15:32 --> 00:15:44 | side here and comes back inside the breaker. So I switch gears and tweeted say take your attention back to 950. And then it rallies up. And I'm reading here, I |
85 | 00:15:44 --> 00:15:56 | mentioned that this candle right there, you'll see that tweet at 945 scandal, you'll see a fair a gap. And it just was engaged here. Look for the rally up to |
86 | 00:15:56 --> 00:16:06 | 3950 50. And it rallies up. And we have a small little gap here. And I believe I mentioned anything about that at the time, we were just watching price. And then |
87 | 00:16:06 --> 00:16:18 | it rallies up. I mentioned okay, if we go through 3050 50 have 3959 noted on your chart, which is half of the hourly imbalance. Here's the high of it. Here's |
88 | 00:16:18 --> 00:16:26 | the low and I know some of you that are brand new, this is like flying right over your head. But I promise to keep showing up every day, it will start to |
89 | 00:16:26 --> 00:16:35 | make sense. Like anything else. It takes time. Repetition builds understanding, even if it's boring, or if it feels like it's complicated right now, I promise |
90 | 00:16:35 --> 00:16:45 | you, it gets easier. It just looks very very busy, especially when you start seeing me annotate it live in February. So you'll see me doing this stuff live |
91 | 00:16:45 --> 00:16:55 | not to send a static chart, but I'm doing this that way. Um, not rusty, I don't want to spend your two and a half months not looking at price and start doing |
92 | 00:16:55 --> 00:17:03 | live streams. I want to be right in there getting close to the marketplace. And that's why I'm doing what I'm doing. Plus I'm engaging you look in your own |
93 | 00:17:03 --> 00:17:14 | charts. So anyway, we're very very gap. We trade down until here rallies up cleans up the relative equal highs. That's a partial Oh, I forgot. And so you'd |
94 | 00:17:14 --> 00:17:29 | like to see these proofs. Look over here. You see any arrows popping up? No. Okay, and we're gonna take it over here. And there they are. Here's the arrows. |
95 | 00:17:30 --> 00:17:46 | Okay. So inside this here a gap, I'm buying these candles, actually. Right above the 3950 50 level, after Okay, notice this go look at the times. Okay, this time |
96 | 00:17:46 --> 00:17:59 | here is 959. I am posting tweets, talking about how this would be a partial when it went here, I have to wait before I do my exit. Because I don't want to be |
97 | 00:17:59 --> 00:18:07 | accused of pumping and dumping. Okay, I'm not running anything like that here. So if I tweet something, I have to do whatever I said, after I tweet it, not, |
98 | 00:18:08 --> 00:18:15 | I'm gonna get out of the marketplace. And then then I'll tell you, you should get out of the marketplace. And that's unethical, I wouldn't do anything like |
99 | 00:18:15 --> 00:18:27 | that. And buying. I'm calling it before I do it, then I'm engaging it. So my entries are going to be slightly off. They're going to be a little bit early, |
100 | 00:18:27 --> 00:18:38 | sometimes a little bit later than my ideal, because I'm giving you a tweet in advance about what I'm expecting. But it's always going to be after I tweet. So |
101 | 00:18:38 --> 00:18:47 | it's not something I'm trying to prepare a big move because all of you are following me. And your belief is you're gonna you're going to push the market I |
102 | 00:18:47 --> 00:18:59 | think that's nonsense. It's nonsense. So first of all, the market doesn't work like that. You're not gonna I'm not gonna push the s&p market around 2030 |
103 | 00:18:59 --> 00:19:07 | handles with people following me on Twitter that's not gonna happen. So but to combat the people that are going to be saying this as is no doubt going to |
104 | 00:19:07 --> 00:19:16 | happen because they say all kinds of things about me terrible things earning true but you're seeing now that there's truth behind everything I'm saying about |
105 | 00:19:16 --> 00:19:26 | the algorithm. The fact that I know it like the back of my hand and it repeats you can learn it it's a transferable language so it runs up and it allows me to |
106 | 00:19:26 --> 00:19:42 | get out here about the relative equal highs and you can see that here 3956 and a half so one full handle above this level here and then I put a stop loss in rate |
107 | 00:19:42 --> 00:19:50 | below the high end of that fair Vega because I didn't want to be babysitting it on my phone. I couldn't I couldn't keep track of it. Because I was gonna be away |
108 | 00:19:50 --> 00:19:59 | from the screens. And at this point, the staff last year told her I said it's either gonna hit my limit, which I had sitting in the 3959 even worse that me |
109 | 00:19:59 --> 00:20:10 | out And it stopped me. And then right at my stop, which I made public, isn't it interesting. It rallies all the way up to the high end that 30 969 and a quarter |
110 | 00:20:10 --> 00:20:22 | and just a little bit above it, relatively equal highs are formed, and it breaks down shift and market structure. Breaks lower, fair Vega shift in market |
111 | 00:20:22 --> 00:20:36 | structure, rallies up sells off half the imbalance from here to here. That's consequent encouragement. It's accumulating short positions. Failure to get |
112 | 00:20:36 --> 00:20:49 | there, that's a cell right there, that candle right there. That's a cell. And it just keeps on melting consolidation going into the latter portions of the late |
113 | 00:20:49 --> 00:21:06 | afternoon. And then bang, just a beautiful meltdown. And I realized this is still up here. There we are, just a wonderful, wonderful day, technically, just |
114 | 00:21:06 --> 00:21:21 | beautiful. And all of this. All of this here is a market maker somehow. So we have consolidation. What's what's below the consolidation, sell, sell liquidity, |
115 | 00:21:22 --> 00:21:31 | we rally up buying inside of a breaker. See, you all think it's just, you gotta wait for it to come back up nearby or theory. Yeah, that's the infantile |
116 | 00:21:31 --> 00:21:41 | approach to doing it. But if you know, directional bias, you know, the next draw on liquidity, which was going to be this level here, which I shared a tweet and |
117 | 00:21:41 --> 00:21:55 | saying, This is where we would be, then we have a fair value gap inside of a larger five minute breaker. It's obvious, it wants to go higher. So you want to |
118 | 00:21:55 --> 00:22:04 | accumulate like Smart Money deals and buy it wants inside the breaker. And then when it expands, you know, your own side. You don't need to wait for the |
119 | 00:22:04 --> 00:22:14 | breakout like retail. I don't I don't do that. I don't I do not trade like that. I know where it's going to break out before it's gonna break out. And then I can |
120 | 00:22:14 --> 00:22:26 | trade inside that consolidation right in here. And keying up on what let me take that off, you can see that fear may get right there. Let me take this off. You |
121 | 00:22:26 --> 00:22:28 | can see that little imbalance |
122 | 00:22:34 --> 00:22:49 | take the arrows off. From this candles high, a candles low written here to chase down to consequent curtailment. They're perfect. And inside of this up close |
123 | 00:22:49 --> 00:22:58 | candle, which is what bullish breaker from low to high to lower low. Right inside this range here. That's where that fear Vega happens if you're bullish. |
124 | 00:22:58 --> 00:23:09 | And you have that that right there folks is a unicorn is such a beautiful, beautiful here, that's my excitement, it's on pounding my hand here telling you |
125 | 00:23:09 --> 00:23:20 | that is one of the strongest algorithmic entry patterns you can ever have, especially if you have just taken out, sell sell liquidity at the opening price |
126 | 00:23:21 --> 00:23:32 | are opening, oh 930. And you see that happening here. That's why I'm not afraid of entering here. But what if it comes back down here, it's not going to, it's |
127 | 00:23:32 --> 00:23:40 | not going to it's just like a launching pad or here. And then it leaves it. And then every little imbalance in here is keep adding to it and waiting for it to |
128 | 00:23:40 --> 00:23:50 | go up. But unfortunately, I couldn't babysit it up at the stop loss there, made it public, they tagged it and then rallied to where I was expecting it to go. |
129 | 00:23:51 --> 00:24:01 | And then later on the day it hit the objective I told you take your attention to the new weekly open gap here and in the could grab us are imbalanced down here |
130 | 00:24:01 --> 00:24:15 | which it just beautifully laid itself right down inside of it. So my bias for the rest of the week we'll be looking in favoring shorts unless we get through |
131 | 00:24:15 --> 00:24:28 | half of today's wick on the daily chart. I'm bearish. Alright, so I'm going to try to run out of here before I did the US 500 hourly chart. And this is one of |
132 | 00:24:28 --> 00:24:42 | the reasons why I got disoriented looking at this market because it's easy for me to lose track of where I'm at if I'm looking at different markets all the |
133 | 00:24:42 --> 00:24:52 | time. And that's why we will not be doing forex and bonds and crude oil and gold and I'm not having your way mentorship, you know on the live streams. I'm |
134 | 00:24:52 --> 00:24:59 | literally going to be looking at one market. I'll give you a markup on what I think might happen like I did this morning with the US 500 And you can just kind |
135 | 00:24:59 --> 00:25:08 | of have have to watch this yourself because I literally lost my train of thought today. With this and I know some of you like, it doesn't make sense, you should |
136 | 00:25:08 --> 00:25:16 | be able to, I should be able to do a lot of things. Okay, I should be able to leap tall buildings and start boards. And by holding my hand out, I should be |
137 | 00:25:16 --> 00:25:24 | able to a lot of stuff according the all of you. But I'm not a superhero. Okay, I'm not your superhero. I'm not the world's savior, I'm not the Forex Jesus, |
138 | 00:25:24 --> 00:25:36 | okay, I'm literally trying to do the best I can, with focusing on what it is that's happening real time explaining it before it happens, and then trying to |
139 | 00:25:36 --> 00:25:48 | stay focused, so I can do it well, and I don't want to dilute my attention. And today it happened. Like, I already know, if I look at anything beyond just one |
140 | 00:25:48 --> 00:25:56 | market, this is going to be problematic for me. And I don't want to be frustrated with it. So we're going to do it the way I want to do it. But looking |
141 | 00:25:56 --> 00:26:07 | at the US 500, you can see the prices don't wanna because they're not the futures market is a CFD. So it's going to be a little spotty, it's going to act |
142 | 00:26:07 --> 00:26:17 | like you know, many times like the dollar index, where it's muddy look, and sometimes it won't be perfect. Like you would expect the euro and the pound Ozzy |
143 | 00:26:17 --> 00:26:32 | dollar, those types of pairs where they're a little bit more liquid. This is pretty much moving in concert with what the futures contract for ES did. But it |
144 | 00:26:32 --> 00:26:42 | isn't going to be identical. Okay, for instance, the high end and the low end of that hourly fare baguette, which, if we scrub back here, you can see the anchor |
145 | 00:26:42 --> 00:26:58 | points for it. It's a really nice, but we trade above it. Well beyond it on a CFD versus the futures contract that we ultimately see the market trade here |
146 | 00:26:58 --> 00:27:14 | like this. So if we dropped down to 15 minute timeframe. This is what I shared today, on Twitter, this chart just like this, all these levels. And we |
147 | 00:27:14 --> 00:27:29 | ultimately did what ran up outside the range that I was looking for for ES. And then it broke down and traded down into lowered objectives. So I'm not gonna sit |
148 | 00:27:29 --> 00:27:37 | here and try to convince you because you're gonna see a lot of this this year. But my expectation was, I wanted to see it go up into the hourly fair value gap |
149 | 00:27:37 --> 00:27:45 | here, it could have went through like this not like this, this is something that completely outside of the expectation I had for ES, which is why you don't see |
150 | 00:27:45 --> 00:27:58 | it there. But the CFD on us 500, which is what we're looking at, over here, that's the symbol, okay. This is grossly out of line with what I had expected in |
151 | 00:27:58 --> 00:28:14 | the ES. So the measure of precision is going to be skewed. When we compare and contrast Yes, versus this here. Generally, they will move in the direction the |
152 | 00:28:14 --> 00:28:23 | same, but the levels of precision and the entry points are going to be slightly off. And it's going to already know that it's going to frustrate many of you, I |
153 | 00:28:23 --> 00:28:32 | can see the complaints already coming in, like I made this for you. Okay, I didn't do anything with us 500. I'm trying to do whatever I can to help those |
154 | 00:28:32 --> 00:28:43 | individuals that can't trade the ES futures contract. But if I were you, okay, it would be a good investment for you just to buy the new the live data, which |
155 | 00:28:43 --> 00:28:50 | is extremely cheap on trading view. And I do not have an affiliation with them, they do not give me any kickbacks. I have no business relationship partnership, |
156 | 00:28:50 --> 00:29:00 | nothing with anybody, not a broker, not a funded account. Nothing. I have no business association with anybody. I'm telling you, it's worth your while to |
157 | 00:29:00 --> 00:29:10 | invest and get live data for E S and N q. futures markets. That way you can spend this year with me learn how to do this. And this, simply take that |
158 | 00:29:10 --> 00:29:18 | information and apply it to this if you can't trade the ES, if you're outside the states, and you want to use your MT for brokers or whatever, all of the |
159 | 00:29:18 --> 00:29:27 | things I'm going to teach you work, just the levels aren't going to be exactly the same. That way it'll save you the insanity and being frustrated, why it |
160 | 00:29:27 --> 00:29:36 | doesn't line up because I'm not going to be spending every other day answering Well, my chart looks different to your we should already be past all that. Your |
161 | 00:29:36 --> 00:29:46 | chart, if you're looking at ETS is 10 minutes, late or behind because I'm looking at real time data. So you're gonna have to avail yourself a certain |
162 | 00:29:46 --> 00:29:55 | resource, which in my mind is cheap. You're not paying me, you'd have to pay for the data. And if you had a broker and you're treating as you're paying for the |
163 | 00:29:55 --> 00:30:04 | data there too, okay, so there's no escaping it. You got to deal with somewhere else. but I know some of you're spoiled with Forex, because you can just pull up |
164 | 00:30:04 --> 00:30:12 | a chart that shows it real time it's free from is sometimes Forex isn't going to be a market to be playing in. And that's fine. You know, I'm trying to run your |
165 | 00:30:12 --> 00:30:21 | horizons, and I'm returning back to my roots with trading futures. Last bit of business, and I'm going to close this one up. Alright, so this young man here is |
166 | 00:30:23 --> 00:30:36 | one of my students. This is I'm not paying him. And he doesn't get anything from me, except for the fact that I'm giving him a nod publicly. I have a lot of |
167 | 00:30:36 --> 00:30:47 | funded students all around the world, different walks of life. And I have a lot of privately funded with their own money. Students that are doing exceptionally |
168 | 00:30:47 --> 00:30:58 | well. A lot of folks that are under my tutelage don't like to have the attention drawn on them, because I'm very polarizing. And they know that the people that |
169 | 00:30:58 --> 00:31:08 | don't like me are most likely going to spread the heat and vitriol towards them, as well. And that's unfortunate, but it comes with the territory. This industry |
170 | 00:31:09 --> 00:31:20 | is extremely cutthroat, it's extremely comp Plex in the competition, sometimes likes to play dirty, okay. And they think that they can talk about you or your, |
171 | 00:31:20 --> 00:31:30 | your family and try to fill the internet with full of lies and things. And then you have to either ignore it, or just do you like I'm doing me, and I'm proving |
172 | 00:31:30 --> 00:31:40 | I can do this stuff. And it's going to be the moniker I say all the time. Every week, every day, it won't stop. Well, this young man here, look past all of that |
173 | 00:31:40 --> 00:31:48 | stuff that's always followed me along. Over the time I've been on the internet since. Well, he wasn't alive during the 90s when I was in America Online, |
174 | 00:31:49 --> 00:32:05 | clearly, he's young man. But he took it upon himself to get in there and learn how to do it. Not at the mentorship lessons, endured all the adversities. And |
175 | 00:32:05 --> 00:32:14 | didn't listen to everybody else saying you can't do this, or this is fake or this is that this one's a scammer. He still delivers pizza, all that kind of |
176 | 00:32:14 --> 00:32:19 | stuff. This young man was able to take out by his own |
177 | 00:32:20 --> 00:32:28 | efforts, I did not coach him into buying and selling any specific thing. He just did it all by himself, and was able to withdraw over a quarter million dollars |
178 | 00:32:28 --> 00:32:38 | through several prop firms. So openly and publicly. This is the highest earner through funded account trading of all my students that at least have made |
179 | 00:32:38 --> 00:32:49 | themselves known to me. I have a lot of folks, others made big money. Okay, someone were six figures 80,000 50,000 60,000. They have done those things. And |
180 | 00:32:49 --> 00:32:57 | you can see their withdrawals, you can see their certificates and some of our being interviewed from the actual companies. This young man was interviewed |
181 | 00:32:57 --> 00:33:07 | recently by the funded trader, and I have no affiliation with any of these companies. So I'm not saying you should go to any one of them. And that's why I |
182 | 00:33:07 --> 00:33:16 | don't talk about it specifically. But this young man has shown himself to be able to do it. And let's be honest, folks, a quarter of a million dollars is a |
183 | 00:33:16 --> 00:33:25 | quarter million dollars. And I'm very proud of him. I'm proud of his efforts. I'm proud that he stuck with it and look past all the things that people say |
184 | 00:33:25 --> 00:33:34 | about me or my concepts or just make up all kinds of lies and things because they don't want you to succeed. That's just the bottom line. Okay. And they know |
185 | 00:33:34 --> 00:33:43 | if you listened to me and follow along and you'll learn how to do this, you will never fall victim to their blackbox stuff, their retail rehashed things that are |
186 | 00:33:43 --> 00:33:55 | just simply nonsense. Okay. A quarter of a million dollars, folks. That's not demo. Okay. That's not Market Replay. This is a young man who has taken out real |
187 | 00:33:55 --> 00:34:14 | money. And the companies are diverse. They're not just one company. So you can follow his young man here on Twitter. And I think he has a ever growing social |
188 | 00:34:14 --> 00:34:19 | media platform that he's trying to build out. I'm not certain if he does anything on YouTube or not. But I notice, see he does Instagram don't do |
189 | 00:34:19 --> 00:34:32 | Instagram, but here's his Instagram, but this is his handle on Twitter, so if you want to follow him, he's trying to make an attempt to grow self. But if he's |
190 | 00:34:32 --> 00:34:40 | doing things like this consistently and doesn't get excited and lose his mind about it. I think he's going to be somebody to watch in the future. And it's |
191 | 00:34:40 --> 00:34:53 | been my pleasure and honor to have a very small part in guiding this young man. And like I said, there's a lot of these types of folks in mine fold. They just |
192 | 00:34:53 --> 00:35:01 | simply don't want to come out there. This is not to ask all of you to come out there. Okay, I'm not trying to do this. You know, for everybody, because if |
193 | 00:35:01 --> 00:35:10 | you're able to do this, you will be seen people take recognition of you, and they'll see, okay. And there's nobody can talk this down. There's no way anyone |
194 | 00:35:10 --> 00:35:19 | can look at this young man and what he's been able to do. And you're probably looking at this, like, you know what, you know, what's the deal. But he has done |
195 | 00:35:22 --> 00:35:35 | several things with funded accounts and things. And I personally, I don't understand at all, because I've never done a funded account. I've never done any |
196 | 00:35:35 --> 00:35:51 | of those types of things, but and this is a tweet I was looking for. See, these are all his payouts. And things that he's done over the course of |
197 | 00:35:57 --> 00:36:07 | his journey with all this content, and to me, I think it's fabulous. You know, I think it's amazing to see something like that. Hi, woman. Sure. She's probably |
198 | 00:36:08 --> 00:36:21 | all my names up here. So the the topic was this young man, last night, my wife and I, my, my kids, we were all talking about him. And I think that it's just a |
199 | 00:36:21 --> 00:36:36 | wonderful position. For me, as a person that came up from nothing, like nothin, I didn't come from money. And to see a young man like this carve out, returns |
200 | 00:36:36 --> 00:36:46 | like this, is is just very, very inspiring. And I know that some of you will like to see this. And it'll encourage you, because the folks that don't like |
201 | 00:36:46 --> 00:36:59 | what we do, the folks that don't like me, there, they're not gonna like this. Because it's something that they can't, they can't knock it. And when you make |
202 | 00:37:00 --> 00:37:13 | your own results, okay, and I have students that are making 10,005 1000 20,000 15,000. When that happens for you, there's no one out there, |
203 | 00:37:13 --> 00:37:25 | not your friends, not your family, your co workers, nobody on the internet, no other influencer or cloud chaser, or competitive, other educator type person out |
204 | 00:37:25 --> 00:37:36 | there, that's just spending too much time trying to well up drama, and not build their own brand up, trying to tear someone else down. When you have this much |
205 | 00:37:36 --> 00:37:44 | evidence proving that there's people all over the world using the very things that you're trying to learn right now. And they're making real money. They're |
206 | 00:37:44 --> 00:38:01 | doing it with themselves, doing it exactly how I taught it. To me, that's undeniable proof. That's proof. And if I was being honest with you, I would love |
207 | 00:38:01 --> 00:38:11 | if all my students were coming out here and do like this young man, still because I have some pretty heavy hitters that are doing extremely well. But they |
208 | 00:38:11 --> 00:38:23 | all know that social media being what it is, you know, it's very toxic sometimes. And I have a cloud that follows me all around. Because here I am. I'm |
209 | 00:38:23 --> 00:38:36 | doing everything for free. I'm teaching Forex. I'm teaching stock index futures. I'm teaching stocks, I'm teaching everything for free. And people all around the |
210 | 00:38:36 --> 00:38:45 | world have taken the information and now they're making real money with it. So how are these competitors going to view me any chance they have to say something |
211 | 00:38:45 --> 00:38:53 | negative about me or my students or their opinion of you wasting your time, they're going to try to do that. They're going to create Sockpuppet accounts, |
212 | 00:38:53 --> 00:39:04 | they're going to encourage their members to go out and try that just well of all kinds of nonsense, just to make you doubt doing with this young man and many of |
213 | 00:39:04 --> 00:39:14 | them out there on Twitter. And in my own personal mentorship group. People are out there are actually doing well with this. Think about folks, what would a |
214 | 00:39:14 --> 00:39:24 | quarter million dollars do for you? What would it do for you as a individual any any age bracket, I don't care where you are in terms of life, if you're young or |
215 | 00:39:24 --> 00:39:35 | old, middle aged, to earn 50,000 hours, folks, is to under 50,000 hours. That's life changing. And for some of you that are in certain parts of the country, |
216 | 00:39:35 --> 00:39:49 | that $250,000 investment return like this. One something that you learned from YouTube. You didn't have to give me anything. No PayPal, no credit cards, no |
217 | 00:39:49 --> 00:40:00 | Black Friday, coupon codes nothing. It says simply roll your sleeves up, do the work. Submit to the process and wait until the results come in. Don't take |
218 | 00:40:00 --> 00:40:12 | anybody's advice about not doing it. Because these people, they can't do what we're doing. They have no idea what you're doing. They're doing trades. They're |
219 | 00:40:12 --> 00:40:19 | not using stop losses they're ever leveraging, you're trying to make money, forcing things in the marketplace, looking at things that don't exist in |
220 | 00:40:19 --> 00:40:31 | algorithm, harmonic patterns, animal patterns, Elliott Wave, those things are not algorithmic, no matter how many times someone says they are or not. So I |
221 | 00:40:31 --> 00:40:42 | tossed this out there, I asked the young man for permission, if I could do this in to me, I think it's as a mentor, I'm encouraged because it's just really nice |
222 | 00:40:42 --> 00:40:51 | to be a part of it. And I'm not trying to say I had, you know, anything beyond the fact that I taught the concepts and he put all the work into it. And I have |
223 | 00:40:51 --> 00:41:03 | a very, very small role in that. And any accolades he gets from what he's doing, there are his, he earned them. And I think it's just a wonderful thing to see a |
224 | 00:41:03 --> 00:41:14 | young man like this, and it makes me think of myself when I first came up. And I'm quite certain, if you listen to his interview on the funded trader, I left a |
225 | 00:41:14 --> 00:41:25 | comment on that video. Some of you probably see where I post comments because you're subscribed and you're on vacations, but he has a little bit of a story |
226 | 00:41:25 --> 00:41:37 | line that he talks about his family and such, and how his parents want him to go to college and things. And I hope he continues to do well. Before his parents |
227 | 00:41:37 --> 00:41:49 | find out that I was a catalyst for him not wanting to pursue a lot of that academic thing. But moms and dads out there if you're listening in, you see your |
228 | 00:41:49 --> 00:42:00 | your children do very well. Just know that I've always felt strongly about this. And I know that there's a lot of family elements all around the world that have |
229 | 00:42:00 --> 00:42:14 | a high opinion of universities and college degrees and such. I'm just simply not a proponent of that. So I believe the young man has done well so far. And if he |
230 | 00:42:14 --> 00:42:28 | doesn't lose control of himself, he just stays focused. The sky is not the limit. So, Paladin, I'm very proud of you. And I actively looking forward to |
231 | 00:42:29 --> 00:42:37 | seeing what you do going forward. Hopefully found this insightful and encouraging. Until next time, be safe. |