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Last modified by Drunk Monkey on 2023-03-16 11:37
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1 == Outline ==
2
3 ##01:46 -## The Dollar Index daily chart -.
4
5 ##03:50 -## What’s next for the market.
6
7 ##09:57 -## Does it make sense for me to push the envelope of risk in an environment that three decades of experience has taught me that it doesn’t
8
9 ##13:45 -## How to use the fed chair to get to the point.
10
11 ##20:15 -## How the algorithm hides in plain view in plain view.
12
13 ##26:20 -## What’s inside the upper portion of the 60 minute for value.
14
15 ##29:04 -## What makes these markets really book -.
16
17 ##34:30 -## Where do we begin trading this new week?
18
19 ##39:51 -## What prevents us from going in and pushing a button today.
20
21 ##42:03 -## How do you know how far it’s going to go?
22
23 ##50:11 -## Is it complicated when you look at it that way?
24
25 ##56:28 -## How to ask the right questions.
26
27 ##01:01:14 -## The first two guys are obviously behemoth. They have taken huge chunks of money out of the marketplace.
28
29 ##01:07:35 -## If they're going to buy here, they're using a market efficiency paradigm -.
30
31 ##01:13:12 -## Repacking the mill -.
32
33 ##01:15:37 -## You’re going to find your model before November.
34
35 ##01:22:17 -## They feel like they can’t lose -.
36
37 ##01:28:46 -## What are the strengths and weaknesses of this model?
38
39 ##01:32:19 -## Every trade is a make it or break it trade -.
40
41 ##01:38:42 -## Don’t try to be better than everyone else.
42
43 == Transcription
44
45 (% class="hover min" %)
46 |1 |00:01:46,890 ~-~-> 00:01:49,470 |ICT: Good morning, folks. My stone well
47 |2 |00:01:55,620 ~-~-> 00:01:59,400 |so we're looking at the day two of Powell testimony
48 |3 |00:02:04,680 ~-~-> 00:02:12,630 |will be testifying here in about 15 minutes or so. Present we have the five minute chart. Yes. So
49 |4 |00:02:19,110 ~-~-> 00:02:35,640 |favoring the the downside here initially, but that's not to invoke any interest for you to take a trade obviously. So let's go over real quick and take a look
50 |5 |00:02:35,670 ~-~-> 00:02:41,790 |at the dollar index
51 |6 |00:02:47,790 ~-~-> 00:02:48,510 |daily chart
52 |7 |00:03:03,210 ~-~-> 00:03:10,920 |this volume imbalance and here's where I took your attention two weeks ago. And I maintain the bullishness on dollar, even through all this here, I mentioned
53 |8 |00:03:10,920 ~-~-> 00:03:22,410 |that I'm not abandoning it reaching up in this volume and balance above these relative equal highs. So that sets the tone for what risk on from start risk
54 |9 |00:03:22,410 ~-~-> 00:03:36,210 |off. So it would be lower prices for ES lower prices for NASDAQ lower prices for stocks, lower prices for forex pairs that have the name with the dollar index as
55 |10 |00:03:36,210 ~-~-> 00:03:49,230 |the second currency with parenting, if it's the currency pair that has the dollar first in his name, then it would be a bullish currency. All during this,
56 |11 |00:03:49,290 ~-~-> 00:03:58,980 |this run out. Okay, so I'm going to add a lipstick here so that we can see. We've looked for this down here. And from here, we wait for the shift in market
57 |12 |00:03:58,980 ~-~-> 00:04:11,790 |structure here. We're bullish author here, volume and bounce rallies up another smaller little volume imbalance in here, which we traded back down into
58 |13 |00:04:11,790 ~-~-> 00:04:22,260 |yesterday before the rocket up into the rejection block, which is this closing price on this candle and then the consequent encouragement of the Swick, which
59 |14 |00:04:22,260 ~-~-> 00:04:30,270 |is this level here, and then the old high, and then ultimately up into the alignment bounce, which was delivered to beautifully. That my friends is exactly
60 |15 |00:04:30,270 ~-~-> 00:04:37,380 |what you're looking for. That's algorithmic price delivery has nothing to do a retail. And it's very interesting to see these things repeat over and over
61 |16 |00:04:37,380 ~-~-> 00:04:46,170 |again, even though I've been watching it for three decades. Incidentally, for those that you're watching, if you are noticing that the stream because I'm
62 |17 |00:04:46,170 ~-~-> 00:04:56,670 |looking at my cell phone as a way of verifying that I can see what I should be seeing, even for the cell phone users. I know a lot of my students actually just
63 |18 |00:04:56,700 ~-~-> 00:05:06,690 |watch things through their cell phone which I I understand that he needs a bigger screen in my opinion, but it's probably looking very fuzzy or like not
64 |19 |00:05:06,750 ~-~-> 00:05:17,670 |not very clear, maybe blurry. If you look in the lower right hand corner, on desktop applications for YouTube, you'll see a little gear symbol, click on that
65 |20 |00:05:17,670 ~-~-> 00:05:25,740 |you could change it to high definition for cellphone users, if you touch the video screen, let's play it back right now to you touch that in the upper right
66 |21 |00:05:25,740 ~-~-> 00:05:37,290 |hand corner, a little gear, tap that. And you want to go to quality, for whatever reason, on the live streams, it auto defaults to 240, which is garbage.
67 |22 |00:05:37,590 ~-~-> 00:05:48,810 |So you want to tap on the quality, and then go to Advanced, and then go up to 1440 or 1080, or whatever your internet will permit you to do before it starts
68 |23 |00:05:48,810 ~-~-> 00:06:03,000 |to bog down. If you do that, it should snap into high resolution for you see a couple of folks kind of referring to that after the fact on my Twitter feed. So
69 |24 |00:06:03,030 ~-~-> 00:06:12,240 |big delivery on the upside, even if we didn't have the Powell testimony at 10 o'clock, on the heels of a large range day like that and delivering to a target,
70 |25 |00:06:12,480 ~-~-> 00:06:22,380 |which is this here. That red deer cools the jets for me for the week. Now I know some of you your action hounds, you want to like whoa, what's next that
71 |26 |00:06:22,380 ~-~-> 00:06:35,130 |delivered now what now? What what are we doing next? What we're seeing still, and that's how you hone patience and self control. And also Powell testimony at
72 |27 |00:06:35,130 ~-~-> 00:06:46,890 |10 o'clock can change all this it rock it up even further for dollar index and send the indices in foreign currencies lower still today. Or we could have a
73 |28 |00:06:47,220 ~-~-> 00:06:56,610 |retracement back down into this area here. At this point I want you to understand my mentality in the position I hold once I have a weekly objective
74 |29 |00:06:56,610 ~-~-> 00:07:09,360 |reached. I stop. I know that's hard to believe. I know you see me get in here and trade inside intraday price just about every single day. But when I have a
75 |30 |00:07:09,360 ~-~-> 00:07:21,120 |weekly objective like this, I teach my students and I also like to stop. Incidentally, as a reminder, this week is Non Farm Payroll protocol, meaning
76 |31 |00:07:21,120 ~-~-> 00:07:32,910 |this Friday, we have Non Farm Payroll. I don't trade that day. I don't advocate any of my students should be doing either. But I know some of you like to get on
77 |32 |00:07:32,910 ~-~-> 00:07:43,260 |here and say, well, the ICT doesn't really talk about it, look at this trade I took okay. Do it live, treat it live. And then let it by see that what you were
78 |33 |00:07:43,260 ~-~-> 00:07:55,110 |doing beforehand. I just don't think it's a worthwhile venture to take on the risk that comes along with trading on the Thursday and Friday of non farm
79 |34 |00:07:55,110 ~-~-> 00:08:05,040 |payrolls. The reason why and this is for those that are trying to actually learn here, not just spectate and watch it at Netflix. In your journal, you want to be
80 |35 |00:08:05,040 ~-~-> 00:08:14,370 |recording that the weeks of nonfarm payroll was just typically but not always, typically, the first Friday of every month now obviously last Friday. We had a
81 |36 |00:08:14,370 ~-~-> 00:08:24,030 |Friday in March, but it didn't post as what non farm payrolls. So to this week, so tomorrow is Thursday, Saturday before Non Farm Payroll, we don't trade that
82 |37 |00:08:24,030 ~-~-> 00:08:36,180 |day. And we don't trade on Non Farm Payroll Friday itself. Now, some of you also may be wigging out right now thinking man, that's two trading days. I'm not
83 |38 |00:08:36,180 ~-~-> 00:08:43,440 |allowed to trade in and go on Sunday, somewhere else, I'm gonna use something else. I'm just gonna go and do it. Okay, that's you. But as an educator, as
84 |39 |00:08:43,440 ~-~-> 00:08:51,000 |someone that's been doing a lot longer than probably you have, I have to have rules. I have to have rules for the students that are under me. And it helps
85 |40 |00:08:51,000 ~-~-> 00:09:03,420 |build discipline. And also, here's the main takeaway. The probabilities for precision fall off precipitously in Thursday and Friday have nonfarm Non Farm
86 |41 |00:09:03,420 ~-~-> 00:09:15,660 |Payroll Fridays. So the protocol for this week, every time there's a Non Farm Payroll Friday, your task as a trader, is to get all of your business done. By
87 |42 |00:09:15,660 ~-~-> 00:09:29,130 |right now. On Wednesday, New York session, am session. Once we get to 11 o'clock in the morning, it's over. It's done. It's in the books, you do not trade, you
88 |43 |00:09:29,130 ~-~-> 00:09:36,150 |do not push the button. Now, does that mean you can't demonstrate? No, it doesn't mean that at all. I'm just saying that. If you are one of my students
89 |44 |00:09:36,150 ~-~-> 00:09:45,030 |that have ventured into live fund trading, which I've never advocated for any of you to do that, but I know some of you have. You want to maintain this rule by
90 |45 |00:09:45,030 ~-~-> 00:09:58,560 |not going in and trading live funds on Thursday. And Friday, Non Farm Payroll Yes, the market will absolutely move. Yes, the market will have setups. Yes,
91 |46 |00:09:58,770 ~-~-> 00:10:10,650 |absolutely. And But in my history of utilizing the things I'm teaching you, the level of precision isn't as precise or consistent on those two days of this
92 |47 |00:10:10,680 ~-~-> 00:10:23,220 |week. So does it make sense for me as the author of all this stuff, to push the envelope of risk in an environment that three decades have taught me that it
93 |48 |00:10:23,220 ~-~-> 00:10:39,270 |doesn't shine as well, in those days. So as a rule based trader, as a, as an analyst, I have to provide the trader in me a role, or list of protocols and
94 |49 |00:10:39,270 ~-~-> 00:10:49,260 |procedures to follow to keep the trader in line with the analyst expectation that's in me, because inside of each one of you listening, there's three people,
95 |50 |00:10:50,400 ~-~-> 00:11:01,500 |the analyst, that's the person in charge of what you're going to be doing, buying or selling. And the trader, that's the part of you that is going to be
96 |51 |00:11:01,500 ~-~-> 00:11:11,790 |doing the engagement itself, the timing aspect of it, you're actually pushing the button, managing the risk, using the logic that's being leaned on, as the
97 |52 |00:11:11,790 ~-~-> 00:11:22,080 |analyst in you. So the analyst has to know what they're doing, and have to have a rule based idea. And it must discipline. And, like a taskmaster, hold the
98 |53 |00:11:22,080 ~-~-> 00:11:34,170 |trader in you responsible. And the traders responsibility is to keep the gambler, which is the third person in all of you, at bay, keep the gambler out
99 |54 |00:11:34,170 ~-~-> 00:11:41,460 |of the driver's seat, they're going to wreck you, they're going to take risks because they want to see what happens if they push the button board trading,
100 |55 |00:11:42,090 ~-~-> 00:11:55,590 |curiosity, trading, competitive trying to keep up with the Joneses on social media trading, that type of stuff, is what gamblers do. So we always try to keep
101 |56 |00:11:55,590 ~-~-> 00:12:03,990 |the gambler out of it, it's always going to be there. Oh, this looks like something you're a part of right now Miss 90% of the room. But I can get that
102 |57 |00:12:03,990 ~-~-> 00:12:16,200 |last three handles, get that last six pips after smooth 90. You know, that means you've been here before. That's the gambler. That's the part of you that just is
103 |58 |00:12:16,200 ~-~-> 00:12:27,150 |impulsive. So you don't want to be being going into these particular weeks of the month, where there's not from payroll on Thursday or Friday of that
104 |59 |00:12:27,210 ~-~-> 00:12:38,400 |particular week. Just pushing them up to see what happens because, you know, they say if around, find out. And this week, historically has done damage to me.
105 |60 |00:12:39,810 ~-~-> 00:12:50,280 |I've allowed it to do damage to me, I've blown accounts, that's plural, folks. Okay? No shame in telling you while I was learning all this stuff. I literally
106 |61 |00:12:50,280 ~-~-> 00:12:57,420 |smoked my accounts on these particular weeks, because I was trying to force something because I believed other people saying, These are the weeks you're
107 |62 |00:12:57,420 ~-~-> 00:13:07,470 |supposed to trade, look at all the volatility. This is where we got to get in here major moves, when the algorithms are really, really not keyed up in terms
108 |63 |00:13:07,470 ~-~-> 00:13:18,240 |of precision. So a lot more interest for them to be a manual intervention, that means a human comes in and intervenes and causes the market to go just outside
109 |64 |00:13:18,270 ~-~-> 00:13:28,530 |of or well beyond what would be reasonably expected using things I'm teaching you. So that's not a weakness to say this, okay, it's a strength, knowing where
110 |65 |00:13:28,530 ~-~-> 00:13:36,630 |the odds are against me. Whereas the classic retail trader, they just see it as Oh, so another trading day. So therefore, I gotta go out there and push my edge
111 |66 |00:13:36,630 ~-~-> 00:13:45,990 |and then their edge is dulled, because the market doesn't provide the conditions that would be conducive for high probability, low risk. And that's the reason
112 |67 |00:13:45,990 ~-~-> 00:13:53,790 |why to do all of that. If you didn't get it all, you're going to layer on and write that in your journal because that's the reason that's the rationale behind
113 |68 |00:13:53,790 ~-~-> 00:14:07,230 |why I teach my students. That's why I myself maintain a sideline position on Thursday, and Friday have nonfarm payroll weeks. And traditionally, if I don't
114 |69 |00:14:07,230 ~-~-> 00:14:17,820 |have anything on in the morning session, I'm done on Wednesday. Now I can and I have traded morning sessions up to 11 o'clock. Sometimes it was a deviant trade
115 |70 |00:14:17,850 ~-~-> 00:14:26,940 |in the lunch hour, but we can't really do that today because we have what 10 o'clock the Fed chair at 10 o'clock testifying so in about three minutes or so
116 |71 |00:14:27,540 ~-~-> 00:14:37,710 |less than three minutes we'll be seeing him bring his influence in marketplace if you want to call it that. I don't think that's what's going on but they like
117 |72 |00:14:37,710 ~-~-> 00:14:55,440 |to use the Fed chair to do those things. So let's go to yes. Alright, so I'm gonna drop down into a five minute chart. Busy chart for an ICT chart and that's
118 |73 |00:14:55,440 ~-~-> 00:15:03,060 |up here. New week opening gap tonight I will have a video on YouTube channel outline Meanwhile, a new week opening app is what to do with it, how's it
119 |74 |00:15:03,060 ~-~-> 00:15:22,050 |helpful? How to plot it, all that good stuff. So initially, what I was watching was 15 minutes of a bicycle report here, which we've swept above that. And if
120 |75 |00:15:22,050 ~-~-> 00:15:34,920 |you look at the 60 minute chart, that's this. Candles low, this candles high, that's the city. So if you have any doubt, that's what I've extended over here,
121 |76 |00:15:35,760 ~-~-> 00:15:43,410 |straight back down to a five minute chart. And then inside that high, we have a small little freebody gap here in the form of a city, trace up into that range
122 |77 |00:15:43,410 ~-~-> 00:15:55,140 |at 930. Hit that beautifully perfect, and it came back down swept the newest opening gap. And then we're back into touching that 60 minute fair value. We had
123 |78 |00:15:55,140 ~-~-> 00:16:04,590 |relative equal highs here. So that night Are you run into that fear, right? Yep, took out the buy side. So traders were caught long to come back below the lows
124 |79 |00:16:04,590 ~-~-> 00:16:19,530 |here. And rejection block. Most likely probably stopping them or scaling them out this morning. I do not have a clear indication as to how I would engage it.
125 |80 |00:16:20,070 ~-~-> 00:16:31,260 |So we're we're really basically just observing. If you're one of those very highly critical viewers that get to the point type thing like yesterday was very
126 |81 |00:16:31,290 ~-~-> 00:16:42,600 |succinct. It was it allowed me to cover things. Pretty expediently. And I don't foresee that probably happening this morning. So if you're one of those really
127 |82 |00:16:42,600 ~-~-> 00:16:53,160 |lazy viewer students, that's probably going to be not what we see today. And you could probably just catch this video when it's convenient for you over the
128 |83 |00:16:53,160 ~-~-> 00:17:01,650 |weekend or something. But for the real students that are here to learn how to read price action, this is a really good exercise to watch the the effects of
129 |84 |00:17:01,770 ~-~-> 00:17:10,800 |the Fed Chair talking now obviously it's 10 o'clock already 10 o'clock. What is he said He probably hasn't even had to have to take a morning yet. But look at
130 |85 |00:17:10,800 ~-~-> 00:17:14,790 |the flurry of action in here. And there's nothing we could have done here
131 |86 |00:17:21,030 ~-~-> 00:17:33,270 |if you look at the 930 Hi. Okay, so I'm going to be doing is pointing out things that are noteworthy for you to have in your journal and showing the the points
132 |87 |00:17:33,270 ~-~-> 00:17:44,550 |of reference that I'm referring to here and that way you can study after the day closes. But this wick here it went up into that fear of a gap crewed by side
133 |88 |00:17:45,420 ~-~-> 00:17:52,800 |once it did that, watch what this is doing here. Where is it returning up into? Yes it touches the bottom of those 60 minutes here Vegas. Yes, that's
134 |89 |00:17:52,800 ~-~-> 00:18:05,640 |permissible. But where are the bodies where are the bodies in these two candles in deference to this wick Look at that beautiful return to
135 |90 |00:18:10,710 ~-~-> 00:18:11,370 |It's beautiful
136 |91 |00:18:16,890 ~-~-> 00:18:33,540 |so the next one of interest to me in short, you probably saw when I was flashing screen which is what we have here so that these are tools in our repertoire not
137 |92 |00:18:33,540 ~-~-> 00:18:43,680 |to say that it can't crashed out near me anything. I'm not saying that's happening today. But that's the maximum coping gap that I have. So if we have
138 |93 |00:18:43,680 ~-~-> 00:19:00,600 |the focus on that wicker here Dr. Phil as you can see that ICT I could have shorted it could have been could have ran up higher into that system interfere
139 |94 |00:19:00,600 ~-~-> 00:19:12,480 |Vega two, you have no idea. I don't have any idea what the Fed Chair day testimonies are going to present in terms of volatility. look beautiful that
140 |95 |00:19:12,780 ~-~-> 00:19:37,560 |retracement is off that 3974 It's almost like it was programmed. So this this price level here is old I can't make that 39 92.75 the closing price here comes
141 |96 |00:19:37,560 ~-~-> 00:19:42,390 |in at 39,000,003.75 Is that a three was that two? I can't make it out
142 |97 |00:19:49,710 ~-~-> 00:20:09,480 |that's 937-937-9375 So the close 939 Knowing 3.75 So the clothes comes in exactly at that price and the screen up here. That's probably random, to most
143 |98 |00:20:09,540 ~-~-> 00:20:17,910 |viewers that are catching this watching this this randomness, but that's not randomness that's algorithmic. It goes right to that. Now, the wicks can do the
144 |99 |00:20:17,910 ~-~-> 00:20:29,040 |damage, it goes just outside the lines. And this is how the algorithm hides in plain view, in plain view, everybody that's watching price, and is strong
145 |100 |00:20:29,040 ~-~-> 00:20:39,630 |deniers still out there saying that there is no algorithm controlling price, when there's absolutely so much evidence to argue the point that there is. And
146 |101 |00:20:39,630 ~-~-> 00:20:48,360 |why all of you would even wrestle the idea that it's beyond me, it's, I'm sure it's unsettling. It relieved me. Because it made much more sense why the market
147 |102 |00:20:48,360 ~-~-> 00:21:02,430 |does what it does repeatedly. Over and over and over again. So prior to this drop off here, that candle right, there is 955. And we started looking at at 10
148 |103 |00:21:02,430 ~-~-> 00:21:10,740 |o'clock, Powell didn't even get a chance to say anything. And read off of the consequent approachment after tapping a 60 minute fingerbang gap, and I
149 |104 |00:21:10,740 ~-~-> 00:21:18,990 |mentioned, ran all the way down to what we were putting out here. Look at the beautiful delivery off of that back up into them. And here we go opening down.
150 |105 |00:21:21,120 ~-~-> 00:21:33,240 |Now, take Powell out of the conversation, say that wasn't a factor this morning. This run up to that 60 minute Faraday gap would have been a short for me, I
151 |106 |00:21:33,240 ~-~-> 00:21:39,990 |would have smacked that as soon as it went up and hit it other than that, why? Why would I have done that. And I can say this, because you've watched me call
152 |107 |00:21:39,990 ~-~-> 00:21:49,170 |these things live now. For weeks, and months on Twitter, you've watched me execute using the logic that I'm teaching you. So if you're gonna wrestle with
153 |108 |00:21:49,170 ~-~-> 00:21:57,780 |this and say, Oh, this is what should occur, stuff, move on. There's other people out there YouTubing. And you can be entertained by them. But I would have
154 |109 |00:21:57,780 ~-~-> 00:22:04,890 |absolutely smashed that as a short entry, had power, not benefactor this morning. And the reason why I would trust that is because we've already done the
155 |110 |00:22:04,890 ~-~-> 00:22:14,430 |buy side here and also went up into the next premium, right, which is that fair value out there. So I would feel comfortable getting short there with a startup
156 |111 |00:22:14,430 ~-~-> 00:22:24,090 |of the fair value that wants to hit that. At one time when it was bold face green, all body new wicked all when he was touching that, that would be
157 |112 |00:22:24,090 ~-~-> 00:22:32,520 |terrifying to the average trader, it doesn't make any sense to sell short into something like that. Which is why it's important for you as a developing student
158 |113 |00:22:32,520 ~-~-> 00:22:42,450 |using like concepts, you have to have the lipstick, the things that I have on my chart here, I don't have these things on my chart. It's a distraction to me to
159 |114 |00:22:42,450 ~-~-> 00:22:49,920 |watch price with it on there. Because I like to keep my chart clean. But you can't do that while you're learning because you have to have the stuff on there
160 |115 |00:22:49,920 ~-~-> 00:22:57,990 |to refer to it. It's like training wheels when you first learn how to ride a bike, it's nothing to be ashamed of. Pretty soon couple months, you won't need
161 |116 |00:22:58,410 ~-~-> 00:23:07,080 |to have the things that you're needing right now you'll work off of a pair just like I do. This is where all my notes are written down. And I'm constantly
162 |117 |00:23:07,080 ~-~-> 00:23:15,120 |referring to price my other charts in in those key levels, I have noted them, which is basically what I'm showing you here, all these levels here are just in
163 |118 |00:23:15,150 ~-~-> 00:23:24,930 |numerical format on my pad. So I don't need to necessarily have these things on my chart, and you won't overtime either. But if you choose to keep them on
164 |119 |00:23:24,930 ~-~-> 00:23:32,670 |there, there's nothing wrong with that, don't let me discourage you from doing it. I'm just reminding you that it's very distracting for me to have it on
165 |120 |00:23:32,670 ~-~-> 00:23:44,640 |there. But anyway, we're gonna cancel the curtailment of that wick here. After hitting the 60 Minute fairway down, low expansion occurs all the way down to
166 |121 |00:23:44,640 ~-~-> 00:24:03,570 |some random 3974 50 low, this entire run back down into that there. It only went one quarter point lower than the 3974 and a half low. And that's a gap that's
167 |122 |00:24:03,600 ~-~-> 00:24:11,700 |already been treated to. And as a reminder, so mentioned yesterday, folks out there who just absolutely tore up that I'm teaching yourself to noise are
168 |123 |00:24:11,700 ~-~-> 00:24:20,730 |touched on before. There's not bragging, it's not arrogance, I want you to understand that these things have been in front of you. And no one has ever
169 |124 |00:24:21,390 ~-~-> 00:24:28,440 |talked about it. Never never seen it before. They don't teach it. They don't know it. They've never traded with it before it's done. Everybody sees a gap.
170 |125 |00:24:28,860 ~-~-> 00:24:40,200 |I'm not saying I invented gaps. Gaps exist everywhere. But how I use those gaps and how I frame a narrative. You'd never hear anybody teach about how old gap
171 |126 |00:24:40,620 ~-~-> 00:24:57,960 |from a week, months ago, weeks ago is useful. Right now. You don't hear it's not taught. But there's lots of behind it. There's logic behind weaving together a
172 |127 |00:24:57,960 ~-~-> 00:25:09,300 |narrative that if there isn't An algorithm. Okay, this is an argument for you to hold with yourself over the weekend. If there is no algorithm, pray, tell, how
173 |128 |00:25:09,330 ~-~-> 00:25:17,700 |does the market just randomly between buying and selling pressure, sell off rate at a constant encouragement level in a wick that I teach you, and drop
174 |129 |00:25:17,730 ~-~-> 00:25:29,250 |immediately down into a level that I teach you that will be revisited again? And then turn on a dime? If there is no algorithm, how is it that there are traders
175 |130 |00:25:29,250 ~-~-> 00:25:37,410 |that don't have any information given to them in books and courses and educators? They don't teach this stuff. So how on earth did it just do this very
176 |131 |00:25:37,410 ~-~-> 00:25:48,540 |thing and deliver exactly like it did. It takes more faith in the religion of retail logic, that that all came together for that to occur. It doesn't make any
177 |132 |00:25:48,540 ~-~-> 00:25:54,690 |sense. So anyway, let's take a look at NASDAQ real quick.
178 |133 |00:26:02,789 ~-~-> 00:26:15,299 |Sustained delivery, but that's not a bad that's these are my SMT studies showing the NASDAQ Andale when I'm while I'm looking at a year, so let's go back a year.
179 |134 |00:26:20,279 ~-~-> 00:26:31,379 |Since all of this is comparing, but nothing in here, outside of what was just delivered there was really important to me now. And I'd be interested to see if
180 |135 |00:26:31,409 ~-~-> 00:26:43,049 |it can mount a deeper run into that 60 minute. For value that I'm going to show you what I'm looking at specifically what I'm referring to scrunch this up here.
181 |136 |00:26:44,879 ~-~-> 00:26:55,199 |Alright, so we have inside the upper portion of that 60 minute affair Vegas should we extend above. Because we've already dipped down in here I was pretty
182 |137 |00:26:55,199 ~-~-> 00:27:04,379 |aggressive. And we had a nice little retracement off of those level. That is the thing that when I say the new we gave and got I'm not referring to the present
183 |138 |00:27:04,379 ~-~-> 00:27:15,989 |week, I refer to every new Ethiopian gap as newly opened. If you want to have a structure to your identification, let me go back to your appointment. This
184 |139 |00:27:16,049 ~-~-> 00:27:25,859 |waterblock here's what I'm looking at another board boundaries that we ended up discussing the relationships between and the week opening gaps. If you want to
185 |140 |00:27:25,859 ~-~-> 00:27:36,119 |have like a labeling system, in your own charts that will have like representing what new week opening get like you can label them by date using the Sunday gap.
186 |141 |00:27:36,539 ~-~-> 00:27:44,249 |opening price. That will be your new week opening gap label. So if you're referring to it, you're referring to the difference between the previous week's
187 |142 |00:27:44,249 ~-~-> 00:27:54,029 |Friday's closing price on settlement, which you'll hear talk about when we get into the video, do you promise it'll be a very short video, there isn't a whole
188 |143 |00:27:54,029 ~-~-> 00:28:03,509 |lot to it. Even though it is like alchemy. It's beautiful, isn't it? It's been trending on Twitter since the first day I mentioned it weeks ago, which I think
189 |144 |00:28:03,509 ~-~-> 00:28:13,469 |is fascinating. But the the labeling system that you can utilize is optimized, obviously up to you, you can call the each one of these individual new newly
190 |145 |00:28:13,469 ~-~-> 00:28:26,459 |opened the gaps, whatever you want to keep referencing, or reference them in a manner that is helpful to you. I don't personally require that because I know if
191 |146 |00:28:26,459 ~-~-> 00:28:36,899 |I'm bullish or bearish, I'm looking for close proximity new weak opening gaps below me. So that's it's really not technically difficult to understand, as
192 |147 |00:28:36,899 ~-~-> 00:28:47,759 |you'll see tonight. It's there's not a lot of acrobatics that are required. But the insight that it gives you, folks Listen, listen, when I started last year,
193 |148 |00:28:47,759 ~-~-> 00:28:58,919 |and I told you I was gonna come out and teach and give you a mentorship level, performance opening for free. I told you I was going to teach you things. And
194 |149 |00:28:58,919 ~-~-> 00:29:07,829 |then we rolled into this year. And I told you I was going to show you what's going on behind the scenes. What makes these markets really book. Nobody else is
195 |150 |00:29:07,829 ~-~-> 00:29:17,009 |teaching you that. They got wonderful systems to get profitability. They have all kinds of gadgets and setups, but they're never telling you what makes the
196 |151 |00:29:17,009 ~-~-> 00:29:26,249 |market move. They falsely attributed to their patterns. Their things are indicators and it has absolutely no bearing on what makes them feel good about
197 |152 |00:29:26,249 ~-~-> 00:29:39,089 |them. Now. I understand that I'm not everybody's cup of tea, but I have exactly what everybody is looking for. It's the truth. And it's undeniable. It's
198 |153 |00:29:39,089 ~-~-> 00:29:51,449 |unrivaled. You can't you can't beat the truth. You can contort it and twist it that I'm laying out there for him showing you exactly what you should what you
199 |154 |00:29:51,449 ~-~-> 00:29:59,189 |should be expecting to see in price. If there is an algorithm. These things wouldn't unfold like they do. Or if there isn't an algorithm I should say. It
200 |155 |00:29:59,189 ~-~-> 00:30:13,139 |wouldn't be doing this thing. because they continuously knew them, there has to be a control mechanism. And the way I discovered it is, I noticed that they
201 |156 |00:30:13,139 ~-~-> 00:30:29,279 |would repeat many times within a 10 minute window. It always repeat over and over and over again within the same expected 10 minute window. And the certain
202 |157 |00:30:29,279 ~-~-> 00:30:42,779 |10 minute windows would occur in specific hours of the day, on specific days of the week, within specific months of the year, within specific seasonality in the
203 |158 |00:30:42,779 ~-~-> 00:30:53,489 |data doesn't lie, it's there. And then when you start looking at production live, like we're watching here. And you anticipate these things unfold, you
204 |159 |00:30:53,489 ~-~-> 00:31:01,559 |expect to see if you expect to see these things, if there is some kind of control mechanism in here. It's not just buying and selling pressure, because to
205 |160 |00:31:01,559 ~-~-> 00:31:11,729 |me, it makes no sense when I finally took a step back and said, You know what, there shouldn't be a free for all. Because that means a hostile entity could
206 |161 |00:31:11,729 ~-~-> 00:31:24,839 |come in and crash our markets. If it was all to selling pressure, what would keep a rogue nation with lots of money coming in? What would prevent a large
207 |162 |00:31:24,839 ~-~-> 00:31:38,579 |nation coming in putting lots of money or a group of nations coming in to pressure about selling short? Our equities market? Believe me, there are people
208 |163 |00:31:38,609 ~-~-> 00:31:46,829 |and countries out there that are not friendly to us in the States. And that would absolutely be a weapon. If it was just like they teach us it is it's a
209 |164 |00:31:46,829 ~-~-> 00:31:56,549 |free market. No, it's not. It's controlled. It is it's as it should be controlled, there should be a mechanism. And if it's a business, that means it
210 |165 |00:31:56,549 ~-~-> 00:32:07,589 |has a process, an algorithm that it follows. And you shouldn't be afraid of it, you shouldn't be upset the fact that it's rigged, you should be thankful that
211 |166 |00:32:07,589 ~-~-> 00:32:23,549 |it's rigged. That's what gives you the edge that you have. Because if it was absolutely 100% Random, nobody could consistently beat it. Nobody could. And you
212 |167 |00:32:23,549 ~-~-> 00:32:37,139 |should take comfort in that. My first week when I realized that there had to be some kind of control. And at first I was angers like this why I lost everything.
213 |168 |00:32:37,199 ~-~-> 00:32:47,849 |Well, no, I lost because I didn't know what I was doing. See the difference, their responsibility. This responsibility. And for many of you out there that
214 |169 |00:32:47,849 ~-~-> 00:32:59,489 |listen to me, they're always taking shots at me about how there isn't the algorithm, because you know, somebody's cousins uncle, who's a bank trader, and
215 |170 |00:32:59,489 ~-~-> 00:33:12,149 |they don't trade this way. One talk about a tear a little bit higher than him or her. They wouldn't do this. Because they're indoctrinated with all of their
216 |171 |00:33:13,019 ~-~-> 00:33:24,809 |learning. The Goldman Sachs police, they only know what they're been trained to view, this is what the market does are trying to do is follow these tools, these
217 |172 |00:33:24,809 ~-~-> 00:33:35,519 |things that have no bearing on price. And when you strip it away, peel back the onion every layer at a time. You start seeing things that just repeat to
218 |173 |00:33:35,549 ~-~-> 00:33:46,259 |consistently too frequently too precise. Look at that fair, well, you get me on the new week opening government that they're nice only four and a half. And look
219 |174 |00:33:46,259 ~-~-> 00:33:58,799 |where we're at right now. In a beautiful, like that's beautiful. To see something that is completely hidden from everybody else outside this community.
220 |175 |00:33:58,859 ~-~-> 00:34:11,279 |They had no expectation of seeing going around these levels. They had no expectation whatsoever. But you're seeing it, you can see day after day after
221 |176 |00:34:11,279 ~-~-> 00:34:21,419 |day after day delivering and what's actually occurring. I mentioned a bit Corbin because this might be your first time seeing some of them when they come to the
222 |177 |00:34:21,419 ~-~-> 00:34:35,789 |channel, though. He knew he grew up in gap is a real dynamic, fair value. It's a range between two specific price points that are fundamental, if you want to
223 |178 |00:34:35,789 ~-~-> 00:34:48,749 |call it that. Where did we close the previous week on Friday? And where do we begin trading this new week on Sunday. Between those two price points. There's
224 |179 |00:34:48,749 ~-~-> 00:35:01,349 |what there's uncertainty and uncertainty builds what opportunity where there's a difference of opinion. That's where they're traded. At One thinks it's going
225 |180 |00:35:01,349 ~-~-> 00:35:10,889 |higher opposed, traders thinks it's going to go lower. That means you have a buyer and a seller. That's the reason why the newly opened and got works because
226 |181 |00:35:10,889 ~-~-> 00:35:24,029 |there is a real liquidity void. There's a separation between those two price points, previous Friday's closing something's opening price. So what the market
227 |182 |00:35:24,029 ~-~-> 00:35:34,289 |algorithm does, it delivers buyers and sellers, I'll take it there, you might be fortunate enough to be in a mood that rise to these levels, you did not push it
228 |183 |00:35:34,289 ~-~-> 00:35:45,389 |there. Everyone on the trade with you, in that right direction, did not push it there. It's going there. Regardless, that's the part you don't understand. And I
229 |184 |00:35:45,389 ~-~-> 00:35:58,619 |don't care who you are, I don't care who you worked for who you work for now. It doesn't change the fact that this is going on every single day. And I'm
230 |185 |00:35:58,619 ~-~-> 00:36:02,519 |predicting it. I got case studies after case studies on Twitter.
231 |186 |00:36:04,260 ~-~-> 00:36:19,680 |And now traders are using it making real money. Prices going to that range between Friday's closing price and Sunday's new opening price to offer to offer
232 |187 |00:36:20,520 ~-~-> 00:36:34,110 |fair value to the marketplace for you and I Not necessarily. It's for the large fund interest, it's to get large funds to bring their trades into the
233 |188 |00:36:34,110 ~-~-> 00:36:46,800 |marketplace. Because what smart money they're not doing one contracts, they're not trading five handles in a day. They're putting in size and how that he puts
234 |189 |00:36:46,800 ~-~-> 00:36:59,550 |sides on they have to have a Counterparty that is equally if not more interesting than they are. So the market delivers it by algorithmic principles
235 |190 |00:36:59,550 ~-~-> 00:37:12,390 |and when that price gets delivered, because it's going there anyway, once it goes there, large funds either come in or get taken out. And that provides the
236 |191 |00:37:12,390 ~-~-> 00:37:26,310 |counterparty liquidity for this entity that is deemed smart money, which is not bank traders at UBS city. Credit Suisse, the minimum we're talking up above
237 |192 |00:37:26,310 ~-~-> 00:37:35,070 |them. The folks that don't learn they're not going to be on social media, you're not going to be interviewed on CNBC. Okay, I'm sorry. But there's a whole
238 |193 |00:37:35,070 ~-~-> 00:37:45,750 |different category that you're just not aware of. And that's who's engaging like this. That's why it's in our inbox. It's why no one's talked about before
239 |194 |00:37:45,750 ~-~-> 00:37:56,370 |because they're not supposed to talk to you. They're not supposed to divulging anything. And here's this joker on YouTube talking to you about not just talking
240 |195 |00:37:56,370 ~-~-> 00:38:09,270 |about demos, and just talking on paper trades as I'm talking to another language I created. So we're talking about so we're halfway between one noumic opening
241 |196 |00:38:09,270 ~-~-> 00:38:18,930 |that and the lower one that needs a little bit so far here. And we're at the midpoint of that long wick. So that's consequent parchment so I'm what my eyes
242 |197 |00:38:18,930 ~-~-> 00:38:20,910 |there I'm watching it here
243 |198 |00:38:32,790 ~-~-> 00:38:44,130 |I believe I'll have the video up at 10pm My time so that we don't be sitting like on bated breath waiting for the video to drop your prior that about 10
244 |199 |00:38:44,130 ~-~-> 00:38:52,230 |o'clock tonight my my local time which is East Coast time with us. That's what we're looking for. It'll probably be about 15 minutes or less of a video it's
245 |200 |00:38:52,230 ~-~-> 00:38:58,560 |not going to be very long at all. Very short sustained right to the point this is what you do is how you make them miss how you dress your chart with it
246 |201 |00:39:16,080 ~-~-> 00:39:17,820 |the reaction halfway on network
247 |202 |00:39:32,760 ~-~-> 00:39:45,420 |here's a consequent person at 3980 and three quarters. Their low on that candle comes in at their 980 and a half only went one one quarter of a point one tick
248 |203 |00:39:45,540 ~-~-> 00:39:53,340 |below consequent encroachment and then look at the reaction that is treatable. That's algorithmic delivery
249 |204 |00:39:59,490 ~-~-> 00:40:09,660 |randomly All. So even in a sloppy mess, you can still see signatures and notes. That's the benefit of us being together today. That's all I'm doing and pointing
250 |205 |00:40:09,660 ~-~-> 00:40:19,800 |out things that I want your attention on when you're watching every day, every day, what prevents us from going in and pushing a button today is the
251 |206 |00:40:19,800 ~-~-> 00:40:33,240 |uncertainty that the market maker, okay, the market maker that is in control of the algorithm that can stop the algorithm from delivering on its macros and
252 |207 |00:40:33,660 ~-~-> 00:40:44,370 |manually intervene and reprice wherever they want it to go. And you don't know when that's going to happen when the Fed chair is talking, I don't know that,
253 |208 |00:40:44,610 ~-~-> 00:40:55,080 |which is the reason why I tread carefully. And I don't do anything I observe. It keeps me close to the market by watching it. It's wonderful exercise for you as
254 |209 |00:40:55,080 ~-~-> 00:41:09,060 |a developing student. And that way, you're not becoming impulsive or chasing profits, whereas you're trying to learn the science behind how these algorithms
255 |210 |00:41:09,210 ~-~-> 00:41:09,690 |operate.
256 |211 |00:41:14,700 ~-~-> 00:41:23,700 |So think about the delivery from consequent curves went down here which I talked about at the time. It's not cherry picked, okay, I told you to watch this at the
257 |212 |00:41:23,700 ~-~-> 00:41:34,920 |very second as it was trading there. And where it delivered from here all the way back up into this 60 minute fear Vega where's the buyside resting rate above
258 |213 |00:41:34,920 ~-~-> 00:41:45,780 |here so we've went all the way down to this new week opening gap low we're inside the 60 Minute fair value gap again we've already did the buy side here so
259 |214 |00:41:45,780 ~-~-> 00:41:54,060 |that's not what we're interested in we want to see does it want to go above this high end trading this order block and completely maybe come all the way back up
260 |215 |00:41:54,060 ~-~-> 00:42:06,840 |to the high end of that 69 For Vega because it's already pierced this low in this low? What was below these lows here? South Side? How far can it go down
261 |216 |00:42:06,840 ~-~-> 00:42:21,330 |below and oh Lu ICT how far how do you know how far it's going to go? And it will keep going. Maybe opening gaps, New Day opening gaps. Opening range gaps,
262 |217 |00:42:21,360 ~-~-> 00:42:29,700 |the gaps between where we closed yesterday and when we open up milling 30 There's three specific data right there. I'll have I'll have the I'm not gonna
263 |218 |00:42:29,700 ~-~-> 00:42:37,260 |have all of them this week, but I'll have the new week opening gap tutorial video tonight. And I don't know when I'll do the new day opening gap video but
264 |219 |00:42:37,260 ~-~-> 00:42:52,050 |that'll be next and and I'm gonna be open more each gap video have the details on gaps and how I internalize them how the algorithm will refer to them. There's
265 |220 |00:42:52,050 ~-~-> 00:43:02,400 |so much there's so much if you just simply put down the willingness to want to armwrestling and stop trying to say I'm rebranding anything at the moment this
266 |221 |00:43:02,400 ~-~-> 00:43:13,560 |is a stunning books, you can get yourself a million dollars if you can find it in print, I told you that 9096 That's when it was codified. Sorry, that's me
267 |222 |00:43:18,810 ~-~-> 00:43:27,780 |but that range movement from the consequent curtailment of this wick After clearing the sell side below this low in this slot I'm gonna drop a line on okay
268 |223 |00:43:27,780 ~-~-> 00:43:33,930 |so you can see below this love here oops sorry
269 |224 |00:43:44,130 ~-~-> 00:43:54,150 |Okay, so we have two lows here that are relatively equal. And you always want to put it right on the lower of the low between the two. So that's a little bit
270 |225 |00:43:54,150 ~-~-> 00:44:03,660 |below that's okay. From here to here. So what's resting below that sell side liquidity sell stops traders that would want to protect a long position, they
271 |226 |00:44:03,660 ~-~-> 00:44:11,340 |put a sell stop below that. Traders that want to sell short on a breakout thinking that weakness that comes in, they would see that as a reason to be
272 |227 |00:44:11,340 ~-~-> 00:44:23,460 |short. So if what I'm teaching you is we attack that liquidity. And the question that comes up a lot is okay, how do you know how far if you want to be buying
273 |228 |00:44:23,460 ~-~-> 00:44:33,210 |these stuffs because I teach how to do that and the core content was alternative last year on my YouTube channel. The end folks please stop emailing me asking me
274 |229 |00:44:33,240 ~-~-> 00:44:42,390 |to join my paid mentorship. I'm mentoring you right now for free. This is mentorship. Okay, I don't want your money. I'm never gonna charge your money. Is
275 |230 |00:44:42,390 ~-~-> 00:44:52,920 |it okay? For me, I'm, I'm having fun doing this. You should be keeping notes and benefiting from all of it. But the question many times comes up is how how can
276 |231 |00:44:52,920 ~-~-> 00:45:03,270 |you trust How do you know? How do you know then when it drops below lows to be buyer, how do you know how far I can go? Like, where would you place your stop?
277 |232 |00:45:03,660 ~-~-> 00:45:09,990 |Well, in this case is helps a lot when you have information like the new weak opening gap, because we would expect it to drop down and this was in the chart,
278 |233 |00:45:10,020 ~-~-> 00:45:17,790 |it wasn't off screen, it was mentioned to you, this is an interesting level, if we dropped lower, this is where it's going to likely draw to. It's below these
279 |234 |00:45:17,790 ~-~-> 00:45:28,440 |relative equal lows. So below here is salsa. So there's Laird sell stops below these lows that you don't know. And the depth of market the DOM, those orders
280 |235 |00:45:28,440 ~-~-> 00:45:37,380 |can be spoofed. Just because you see them, prompting you saying there's this many willingness to be a seller or buyer at a particular level doesn't mean that
281 |236 |00:45:37,380 ~-~-> 00:45:45,360 |that order is going to be there when price gets there. Spoofing is a real thing. Spoofing is when you put an order there. And then by the time it gets or gets
282 |237 |00:45:45,360 ~-~-> 00:45:54,420 |close to it, they pull the order away. So it's a gimmick. Okay, I'm sorry, if you if you'd like to use that tool, and it's helpful to you. That's great. But
283 |238 |00:45:54,420 ~-~-> 00:46:05,820 |don't argue and say that that's the reason why the markets move emphasis. But below these lows or sell side. So how far can it drop down below? Oh, lows, new
284 |239 |00:46:05,820 ~-~-> 00:46:18,510 |week opening gap, New Day opening gap? Opening range gap? There's your three tools. How far can you trust the move above an old high for a turtle suit? I
285 |240 |00:46:18,510 ~-~-> 00:46:31,470 |just taught it to you. Loops magically come out of nowhere. So the market drops all the way down through relatively equal lows into some random level noumic
286 |241 |00:46:31,470 ~-~-> 00:46:41,070 |opening gap, because one tick outside of it why? Remember I was teaching it likes to create these little Mohawks. Okay? He's little Mohawks that overlap a
287 |242 |00:46:41,070 ~-~-> 00:46:52,440 |little bit. Why? Because there has to be what the bigness difference. So if a trader wants that 3974 and a half, it has to trade, where are you going to 74
288 |243 |00:46:52,440 ~-~-> 00:47:03,960 |and a quarter. That's what you got here. Everything makes sense, when you understand it that way, instead of taking your price patterns and animal
289 |244 |00:47:03,960 ~-~-> 00:47:13,740 |harmonics and Elliott Wave things and try to cram all that stuff into a reason why price is going up. It has no reason there is no basis at all for why the
290 |245 |00:47:13,740 ~-~-> 00:47:27,780 |markets are going to be booking this way. It's going to go up for buy stops, or it's going to go up to redeliver to an inefficiency like a fair bagger. It's it,
291 |246 |00:47:29,010 ~-~-> 00:47:38,640 |it's either going to go up for that reason for Long's to sell their long positions to or it's going up there to start a new sell off. So that we shorts
292 |247 |00:47:38,640 ~-~-> 00:47:49,350 |can be implemented, and then is going to be looking for an opposing liquidity. The market goes down for self stops, it goes below in the low or an old lows,
293 |248 |00:47:50,700 ~-~-> 00:48:01,470 |where it goes down to an inefficiency that it will reprice to, that's it. If it's not doing that guess what it's doing. Consolidating. Is that hard, folks, I
294 |249 |00:48:01,470 ~-~-> 00:48:08,760 |get complaints all the time from people that don't really want to learn. Or they sell something. They have a competitive nature because they're trying to sell
295 |250 |00:48:08,760 ~-~-> 00:48:18,870 |their thing. And I'm not here to teach them what makes the market really move when it's looking perfectly to tick. Now say I'm overcomplicating things, I'm
296 |251 |00:48:18,870 ~-~-> 00:48:29,040 |not complicate anything that is absolutely easy. It's three, it's totally three conditions, it's going up for one of two reasons going down for one of two
297 |252 |00:48:29,040 ~-~-> 00:48:39,090 |reasons where it's consolidating. I teach you when it's going to consolidate when we're ahead of big news, or event like this, we don't know what Powell is
298 |253 |00:48:39,090 ~-~-> 00:48:51,570 |going to say and how the market makers are going to utilize that. So what is it doing? It's consolidating. We're not trading. Why, because it's likely to do
299 |254 |00:48:51,570 ~-~-> 00:49:00,900 |this. And if it does move, it's uncertain. So you can't really trust it. So there you go. Now, you know, when the markets gonna consolidate, I just taught
300 |255 |00:49:00,900 ~-~-> 00:49:09,360 |you. I've taught you before, but I just reminded you, this is what it looks like. But when you're bullish, and when I'm bullish, I'm looking for one of two
301 |256 |00:49:09,360 ~-~-> 00:49:19,890 |things to happen. It's going to go up to buy stocks above the high or relative equal highs. Or it's going up to a premium fair value debt, some sign up some
302 |257 |00:49:19,890 ~-~-> 00:49:33,540 |kind of inefficiency, where the market has dropped in periods. It could be as far as 60 days back, some old high, some old price decline, where there is a
303 |258 |00:49:33,540 ~-~-> 00:49:41,400 |fair value gap. It's gonna go up into that level there to be price. That's the only two reasons why price is gonna go up for me. That's it. It's simple, isn't
304 |259 |00:49:41,400 ~-~-> 00:49:49,620 |it? It's very, very simple. That is not complicated. No matter how much you want to torture it. It's never going to submit to being complicated. That's easy.
305 |260 |00:49:50,400 ~-~-> 00:49:59,070 |It's going up for stocks or it's going up for fair value got boom done. Over Simple as that. Are you bullish okay. You're looking for one or two things. Is
306 |261 |00:49:59,070 ~-~-> 00:50:06,420 |there a feared I got no During the fair, right, yeah, so once you gotta go for the stops, baby, it's gonna go right up in the news by stops, just like you're
307 |262 |00:50:06,420 ~-~-> 00:50:19,320 |seeing happen right there. Is it complicated when you look at it that way? Honestly, I'm asking sincerely, because I don't believe it is. I don't believe
308 |263 |00:50:19,320 ~-~-> 00:50:29,520 |it's complicated. It's very simplistic. And it's not, there's nothing that you should be wrestling with and trying to feel overwhelmed with. But you're trying
309 |264 |00:50:29,520 ~-~-> 00:50:42,870 |to learn it too fast. And you can't rush it. It takes these types of things here, sitting here and watching price action. When we were down here, okay, when
310 |265 |00:50:42,870 ~-~-> 00:50:52,530 |we were down here, I said, Watch that wick. Okay, that's not cherry picking. That's me taking your attention, right to a very specific price level, not a
311 |266 |00:50:52,530 ~-~-> 00:51:05,010 |zone, not a zone, a very specific price level. The midpoint between the closing price and the low of that candle is consequent approaching. And I told you as
312 |267 |00:51:05,010 ~-~-> 00:51:14,670 |this candle is dipping down, and I said watch that level right here. And then I said, we want to see what we want to see a trade back above, deeper into that 60
313 |268 |00:51:14,670 ~-~-> 00:51:22,410 |minute fair value gap, which is that pink shaded area. And more specifically, aim for the buy side liquidity resting above here. Why? Because we've already
314 |269 |00:51:22,410 ~-~-> 00:51:32,910 |worked in utilize this fair value gap multiple times. So if it's going back up, it's not going back up here for this. It's going back up for what? The BizStats
315 |270 |00:51:32,910 ~-~-> 00:51:45,300 |resting above that. Is that complicated? Was that complicated at all, in my just my delivery about it. It's not complicated, folks. That's not complicated. What
316 |271 |00:51:45,300 ~-~-> 00:51:55,500 |you're feeling, if you think it's complicated is your feeling this insatiable desire to be able to mimic what I'm doing immediately, and that is not going to
317 |272 |00:51:55,500 ~-~-> 00:52:04,140 |happen. It takes time. It takes time doing what we're doing here. Reading price action, when there's no trade involved. You're not, you're not influenced by the
318 |273 |00:52:04,170 ~-~-> 00:52:13,410 |profit or loss. You don't care, you're indifferent to it. Exactly. That's exactly what you need to be doing. While you're learning how to trade. You need
319 |274 |00:52:13,410 ~-~-> 00:52:22,500 |to learn how to read price first, and no educator pushes this part because they want your money. They want your subscription, they want your everything that
320 |275 |00:52:22,500 ~-~-> 00:52:34,680 |paying them. I don't need that I'm giving you my time for free. I can be out here doing whatever I want to do right now. And I'm spending it with you. Who's
321 |276 |00:52:34,680 ~-~-> 00:52:42,000 |making the greater investment here me Are you that's what it boils down to. Because a lot of you aren't really trying to learn. You want something to be
322 |277 |00:52:42,030 ~-~-> 00:52:51,180 |easy 123 Watch a video one time, and you'll be able to go out there and do it right away. And I'm sorry, I don't have that for you. You can't get this level
323 |278 |00:52:51,180 ~-~-> 00:52:59,580 |of precision with watching a video a couple times. And you know there that you got it, you've got to be in the charts. And that's why I unfortunately, separate
324 |279 |00:52:59,580 ~-~-> 00:53:09,810 |and divide the people. I'm very divisive. And I don't shy away from that because I want to know right away. If you're a weak minded, impatient person, and you
325 |280 |00:53:09,810 ~-~-> 00:53:19,170 |can't listen to the lectures and jawboning, you won't make it here. So leave the ones that go through this. They're the ones that make it every one of these
326 |281 |00:53:19,170 ~-~-> 00:53:27,360 |people that I'm going to be interviewing that make money with real money. They listened. They did the things I told him to do, and didn't do the things I told
327 |282 |00:53:27,360 ~-~-> 00:53:36,240 |him not to do. That's what separates him from you. What they're willing to put themselves through.
328 |283 |00:53:39,690 ~-~-> 00:53:52,230 |These markets are extremely complicated, but I have removed that complication. I've applied a science to it. I've literally codified a logic so that way, you
329 |284 |00:53:52,230 ~-~-> 00:54:05,070 |can go in and see exactly, exactly what to anticipate when to expect it. Why it should happen. I covered every base for you. Every base. There's no reason why
330 |285 |00:54:05,070 ~-~-> 00:54:13,650 |anybody watching these live streams do not sit there and think to themselves. What the hell am I doing? Why haven't I been doing this? This makes perfect
331 |286 |00:54:13,650 ~-~-> 00:54:23,550 |sense. This is exactly how I want to trade. I want to see the market like this. This is like knowing what's going to happen. And that's why it's called futures.
332 |287 |00:54:24,660 ~-~-> 00:54:37,320 |We're predicting the future. Not everybody can do it. Which is the reason why majority people lose. But I have a transferable skill that you can get from me.
333 |288 |00:54:37,920 ~-~-> 00:54:54,660 |All you have to do is show up to show up. There's no PayPal. There's no credit cards, no coupon codes needed. New Black Friday sales. I love this. I live this
334 |289 |00:54:54,660 ~-~-> 00:55:03,420 |as my entire life. I'm passionate about I'm passionate about teaching. I love transforming people. into financial dynamos, and you're about to see some of
335 |290 |00:55:03,420 ~-~-> 00:55:15,720 |them. Some of them have done extremely well. Others very, very well. But more more than not, you're going to see them in their own face, their own expressions
336 |291 |00:55:15,720 ~-~-> 00:55:26,010 |share what it was like for them. And I'm going to ask them questions. Some of the questions you guys gave me as a as a list of things that you would like to
337 |292 |00:55:26,010 ~-~-> 00:55:34,020 |ask if it were you asking a profitable ICT student, because I didn't want to just go in and here's my cherry picked questions, I'm giving you all an
338 |293 |00:55:34,020 ~-~-> 00:55:42,210 |opportunity to go in on my Twitter, and tell me what questions you would like to see me ask them. I don't want to do longer than an hour, I think an hour is
339 |294 |00:55:42,210 ~-~-> 00:55:51,090 |really a lot. But I'm going to present each one of the students that have reached out to me, I have a lot of them that email me. And it's not the people
340 |295 |00:55:51,090 ~-~-> 00:55:59,280 |that's done spreadsheets, okay? These people have made money, they have brokerage statements. They have interviews with funded companies, they have cash
341 |296 |00:55:59,310 ~-~-> 00:56:06,570 |withdrawals, and receipts. So we're not talking about people that done demos, okay, we're not talking about Market Replay reports on NinjaTrader, we're
342 |297 |00:56:06,570 ~-~-> 00:56:16,980 |talking about real money. That's what I asked for. That's what you all want to see. And they're all gonna sit down face to face with me. And it'll be a pre
343 |298 |00:56:16,980 ~-~-> 00:56:27,960 |recorded. So that way everything is professionally done. Nobody can interrupt us. And if I get a children, my dogs come in and look at all that stuff out
344 |299 |00:56:27,990 ~-~-> 00:56:38,700 |live. I don't want to be distracted by that. And the questions will be emailed to all them. So that way allows them to have their answers prepared. Like when I
345 |300 |00:56:38,700 ~-~-> 00:56:48,480 |was being interviewed by corbs. Like, I didn't know what that guy was going to ask me. And some questions, you know, if a, if a person is shy, and you may be
346 |301 |00:56:48,510 ~-~-> 00:56:58,770 |talking about money isn't a comfortable thing for some people. Other people are like, I can't wait to get on ICTs, jam and flex. I can't wait. That's cool. But
347 |302 |00:56:59,190 ~-~-> 00:57:13,200 |not everybody's like that. And it'd be easy for me to cause some kind of a delay or happy expression later on. You share it on another comment in the video or
348 |303 |00:57:13,200 ~-~-> 00:57:21,060 |Twitter post when they said, Oh, I wish I would remember this. You know, if I asked us that, you know, what was your? What was your worst trading day? Because
349 |304 |00:57:21,060 ~-~-> 00:57:27,240 |that's one question. I'm gonna ask like, what was your worst trading day? And how did you deal with that? And how do you deal with losing? Like, what's your
350 |305 |00:57:27,330 ~-~-> 00:57:35,010 |what's the procedure you go through? There's a questions that if you aren't prepared to talk about that, and it's a wrestling match that you've gone
351 |306 |00:57:35,010 ~-~-> 00:57:43,200 |through, it might cause you to shy away from being honest. And I want the questions in their hands first. So that way they can wrestle with it, talk about
352 |307 |00:57:43,200 ~-~-> 00:57:51,750 |it within themselves and say, okay, he's going to ask me this. And people are going to hear me talk about that. How do I want to respond? I don't want to be
353 |308 |00:57:51,750 ~-~-> 00:57:59,370 |shell shocked. I don't want to do any kind of gotcha questions. Okay. Because that's like the thing they really want to do. They want a gotcha, gotcha. The
354 |309 |00:57:59,370 ~-~-> 00:58:11,490 |other bearish do too, I'm not trying to embarrass anybody. I want them to be 100% honest. And I want the interview to be organic, in no surprises, because I
355 |310 |00:58:11,490 ~-~-> 00:58:20,250 |think it would be unfair for any student any person being interviewed to get a question upside their head to Hell yeah, by the way, how many times has your
356 |311 |00:58:20,400 ~-~-> 00:58:26,370 |your spouse stepped up to the marriage? You know, that type of thing? Not that this would be like that. But you know what I'm saying like things that would be
357 |312 |00:58:26,670 ~-~-> 00:58:38,190 |unsavory for an interview. We're here to watch people give a testimony on how they make money. What they do, how long did it take them? What did they have to
358 |313 |00:58:38,190 ~-~-> 00:58:45,840 |struggle through? Where, you know, what's their goals? What is their routine in the morning? Or what session? Did they trade? These are all questions I plan on
359 |314 |00:58:45,840 ~-~-> 00:58:53,100 |asking. And some of you I've seen others questions that I didn't really think about, but are really good. And I'm going to utilize that. So I have to find a
360 |315 |00:58:53,100 ~-~-> 00:59:02,790 |way for them to have their responses in mind. Okay, so that way, we don't go over an hour. I don't want to be, you know, I'm not gonna be doing a lot of the
361 |316 |00:59:02,790 ~-~-> 00:59:11,280 |top North thing. I want to do this asking the question and prompting, keeping it moving along. But I want the student themselves talking, I want to this is my
362 |317 |00:59:11,280 ~-~-> 00:59:21,360 |opportunity. More so than you I'm interested in hearing their testimony. Like I would have been willing to do this for private reasons. But I've made it public
363 |318 |00:59:21,360 ~-~-> 00:59:30,030 |that I will be doing it and sharing it publicly. So they all know that it's going up on my YouTube channel. So if you're afraid to share your face, you're
364 |319 |00:59:30,030 ~-~-> 00:59:38,430 |going up here, and I want you to give me permission to do that. If you don't want to do that, and obviously interviewing gonna happen. I will not be doing it
365 |320 |00:59:38,460 ~-~-> 00:59:45,270 |on Twitter spaces. I don't think that's genuine. I could be hiring people. You know, I mean, like anybody else out there could claim and say, oh, yeah, he's
366 |321 |00:59:45,270 ~-~-> 00:59:52,200 |hired somebody to do that. You don't see the person. You don't see their expressions. You don't see their emotions when they're talking about the good
367 |322 |00:59:52,200 ~-~-> 01:00:00,960 |and the bad experience. I want you to see which is exactly why I watch YouTubers. When they livestream I want to see their face I want to see the
368 |323 |01:00:00,960 ~-~-> 01:00:09,300 |expression when they talk about things that they were successful in. Because their face will tell you, I want to see their expression when they talk about
369 |324 |01:00:09,300 ~-~-> 01:00:18,750 |the painful things because their face is going to tell you. When you're hiding your face, and you're talking about things like that, it's it's hard to get to
370 |325 |01:00:18,750 ~-~-> 01:00:27,750 |the root of what they had to go through. And if we're going to talk about it, let's really talk about it right. I have a lot of respect for anybody that be
371 |326 |01:00:27,750 ~-~-> 01:00:36,420 |willing, that would be willing to do this. And I have a long list of people that have reached out to me, so I have interviews for months. And don't be upset if I
372 |327 |01:00:36,420 ~-~-> 01:00:45,120 |hadn't reached out to you yet. Because there's a lot of you. I promise you, if you email me, and you want to do the interview, and you have proof that you're
373 |328 |01:00:45,120 ~-~-> 01:00:52,350 |profitable with broker statements, and funded account withdrawals and interviews with the company that funded you, you're absolutely 100% invited to have a
374 |329 |01:00:52,350 ~-~-> 01:00:59,850 |conversation with me. I want to hear your story. I want to hear testimony and everybody else, I'm sure would love to see that. If that's something that you
375 |330 |01:00:59,850 ~-~-> 01:01:06,210 |want to see. And you're interested in seeing, give this video a thumbs up, let them know because they may be sitting on the fence about it. And maybe you're
376 |331 |01:01:06,210 ~-~-> 01:01:15,180 |shy about it like well, maybe maybe what I mean wasn't enough money. Listen, if you're making money, don't think that there's a threshold. The first two guys
377 |332 |01:01:15,180 ~-~-> 01:01:23,430 |are obviously behemoth. They've taken pretty sizable, huge chunks of money out of the marketplace. I'm only using them first because they are the first ones
378 |333 |01:01:23,430 ~-~-> 01:01:34,290 |that sparked his whole interest. And I have people that have done 80,000 50,000 40,000 100,000 200,000 300,000 You're gonna see it, folks, these
379 |334 |01:01:34,290 ~-~-> 01:01:43,920 |people have receipts. And you can't argue with that. They are doing it. And that, to me, is very inspirational as a mentor. Because they did that on their
380 |335 |01:01:43,920 ~-~-> 01:01:51,330 |own. I never one time told them to take any of those trades. And I never told them that treatment life funds. They made their own their own initiative to
381 |336 |01:01:51,330 ~-~-> 01:02:02,970 |their own initiative. And they did themselves. It was organic, 100% organic. And that to me is a maverick. That to me is a dynamo. That to me is that is awesome.
382 |337 |01:02:03,090 ~-~-> 01:02:11,520 |That fires me up. Because they took the initiative to go and do something. They listen to the naysayers out there and say, Oh, this stuff is complicated. All
383 |338 |01:02:11,520 ~-~-> 01:02:22,470 |this stuff is fake. It's a fraud. It's this money. You're not going to convince these folks. They're pulling down money. spendable money, not Market Replay
384 |339 |01:02:22,470 ~-~-> 01:02:33,840 |reports, not demo profits, not paper trading. Okay. They're paying taxes on this money. Big difference. Big difference. And I was surprised at the response I got
385 |340 |01:02:34,620 ~-~-> 01:02:44,880 |was a lot. And we had to do more than one a week. I mean, it's, it's a lot. I mean, I guess it would be reasonable to expect at home with a community size of
386 |341 |01:02:44,880 ~-~-> 01:03:03,540 |hours. And so many people now getting into it. But anyway. So while we didn't see a barnburner of a movie this morning, and we didn't have a trending model, I
387 |342 |01:03:03,540 ~-~-> 01:03:12,840 |gave you something real time to observe. We watched the new week opening gap deliver. And then I mentioned that we were trading out here was the Costco
388 |343 |01:03:12,840 ~-~-> 01:03:20,190 |encroachment there. And then we would want to see it run up into the upper portion of that shaded area, which is what we did a more specifically take out
389 |344 |01:03:20,190 ~-~-> 01:03:34,080 |the buy side here. So we've done that. So the difference between that would be we'll call it 81. So So 81 To 4000 to 20 handles or so
390 |345 |01:03:35,430 ~-~-> 01:03:45,930 |that's not that What would 20 Candles do for you? What if you just got five handles out of that to one of us, which is what I teach all my students to and
391 |346 |01:03:45,930 ~-~-> 01:03:58,440 |for us a very low rung objective when you first start out it's easy to see five handles in a day several times but you aren't going to see these types of setups
392 |347 |01:03:58,770 ~-~-> 01:04:11,730 |just because you watch the video like you have to know a lot of things you have to be in the charts watching it paint key off a specific times of the day. Look
393 |348 |01:04:11,730 ~-~-> 01:04:23,130 |for things that have already occurred which was when I outlined the sell side below here is relative equal those who went down below it here beautiful
394 |349 |01:04:23,130 ~-~-> 01:04:31,800 |delivery that's precise again tonight. rolls back up in in in one more time tries to make an attempt to go down here but there's no reason why why is there
395 |350 |01:04:31,800 ~-~-> 01:04:40,290 |no reason ICT How could I trust that? How did you trust the talk about because you could do it wrong in front of everybody it could have been laughing at you.
396 |351 |01:04:42,930 ~-~-> 01:04:54,750 |What are outlined here, the sell side below these relatively equal lows. It goes down to a logical level. Not some random place. Not some random zone.
397 |352 |01:04:59,850 ~-~-> 01:05:09,210 |I They refer to anything harmonic down here. These levels were already on my chart when it looked down. And taking your attention to that level right there,
398 |353 |01:05:10,050 ~-~-> 01:05:22,500 |this failure swing, you can now anticipate them. If you have the backdrop, the foundation behind it, that we've already went below these lows for sale site and
399 |354 |01:05:22,500 ~-~-> 01:05:33,000 |it went to a level that would be expected. Think about what's going on here, my feeling that I'm stating that the algorithm will go back down to this level
400 |355 |01:05:33,000 ~-~-> 01:05:48,240 |below these lows, go there and be content with that and then look to do what reprice for an opposing liquidity for inefficiency, we had both by side and the
401 |356 |01:05:48,240 ~-~-> 01:05:55,950 |remaining portion of that 60 minute fair value gap on the sheet area. I don't need it to go all the way up to the top, I just need to go back to the buy side
402 |357 |01:05:55,950 ~-~-> 01:06:07,290 |here. So smart money was buying below these lows. Notice it's doing that when it goes down here. This area here, which is the midpoint of this wick. Let me go
403 |358 |01:06:07,290 ~-~-> 01:06:18,090 |back and teach you guys just showed up. We were looking for this new opening gap down here. They delivered it at 3980 and three quarters. It came down to 39
404 |359 |01:06:18,090 ~-~-> 01:06:30,720 |point 50. But they're not at point 50. That's the well look up here, up here in the upper left hand corner. That Campbell's low starting at point 501 Tick below
405 |360 |01:06:30,750 ~-~-> 01:06:41,550 |consequent question that is below this low and this low. So the algorithm is remembering what it's referring back to this low and this low because they're
406 |361 |01:06:41,550 ~-~-> 01:06:56,190 |relatively equal. It does not know listen to it, listen. Listen, it does not know your stop. It doesn't know my stop. It doesn't know how many stops your
407 |362 |01:06:56,190 ~-~-> 01:07:07,440 |broker does. But the algorithm has no idea it doesn't reference it like that. It just refers to these points, these PD arrays. So the market does what it reprice
408 |363 |01:07:07,440 ~-~-> 01:07:19,260 |is back down below those lows, which is a discount and consequent coachmen, they're all measurable, and there's no need to go back down to that low. Why
409 |364 |01:07:19,290 ~-~-> 01:07:32,520 |because already repriced, to the new week opening gap and done what the sell side has been purged. This is just returning back to a point of reference for
410 |365 |01:07:32,520 ~-~-> 01:07:41,280 |smart money to accumulate lungs. If they're going to buy here in their, quote unquote smart money and they are using what I teach is a market efficiency
411 |366 |01:07:41,280 ~-~-> 01:07:48,780 |paradigm. That means they're going to buy stocks that are below the market in the form of sell side. And they're going to distribute their long positions to
412 |367 |01:07:48,900 ~-~-> 01:07:57,900 |buy side that's resting above the market. willing buyers at higher price. That's the stops right here. So they're buying sell side liquidity below these lows
413 |368 |01:07:57,900 ~-~-> 01:08:15,900 |here and end consequent judgment. They don't fear the algorithm repricing down here because they know it's already done its job. Big, big, big, huge step
414 |369 |01:08:15,900 ~-~-> 01:08:24,090 |forward in your understanding of that price action, if you can see that. So if they buy here, and I talked about this live, it's not like I'm going back in
415 |370 |01:08:24,090 ~-~-> 01:08:37,290 |time, because it's already happened. I said this live here for you so that we can see it. The logic is real folks. It's real. If they're buying that, what are
416 |371 |01:08:37,290 ~-~-> 01:08:45,510 |they holding for? They're not holding for harmonic patterns. They're not looking for Elliot waves and all that other stuff. They're not counting waves are not
417 |372 |01:08:45,510 ~-~-> 01:08:55,740 |doing that stuff. They're simply looking for the inefficiencies above the marketplace. Where is it in here, nowhere. Here, we've already done that several
418 |373 |01:08:55,740 ~-~-> 01:09:07,890 |times. Buying here, they're gonna go exactly where I said it was gonna go. The remaining portion of that 60 Min affair Vega up here that hasn't been traded to
419 |374 |01:09:07,920 ~-~-> 01:09:21,120 |once it went into once it went lower. Here we've only delivered one time here. We went up to a quarter of it here, which is again, not random. Then it went to
420 |375 |01:09:21,120 ~-~-> 01:09:34,410 |halfway consequent freshmen and then ran through it. Like I said that's where the buy side is. So smart money buys discount sells to a premium buy stops at
421 |376 |01:09:34,410 ~-~-> 01:09:42,690 |resting above here. They knew those buyers want to buy the market when it was down here. When they're down here. Smart Money, the paradigm shift that you're
422 |377 |01:09:42,720 ~-~-> 01:09:52,620 |being taught to have and looking at price action, because it's algorithmic is you're buying it here with the same mindset that they have. Smart Money sees
423 |378 |01:09:52,620 ~-~-> 01:10:06,480 |this as buying sell stops at the most opportune time. It's the precise time Folks, it's precise, you can't, you can't make it any better than this. The
424 |379 |01:10:06,480 ~-~-> 01:10:16,830 |logic is right there and buying that with the expectation of seeing beware rate to those buyers that want to buy high. Now they don't want to buy high, they buy
425 |380 |01:10:16,950 ~-~-> 01:10:26,970 |a long position, they have a self short and they're holding on to their position here. Maybe, maybe there wasn't a lot of shorts, it doesn't make a difference,
426 |381 |01:10:26,970 ~-~-> 01:10:36,000 |because the algorithm doesn't know the level of float that resides above that means the number of orders. How many buy stops are resting by that high? I don't
427 |382 |01:10:36,000 ~-~-> 01:10:48,540 |know. You won't ever know. The algorithm itself does not know. Buying it cheap. Selling it to people that want to buy higher, why? Because I'm targeting I'm
428 |383 |01:10:48,540 ~-~-> 01:11:02,250 |targeting, I'm targeting their inability to know how to trade. I'm targeting their shield, their defense out busting in like a SWAT. I'm literally going
429 |384 |01:11:02,250 ~-~-> 01:11:13,050 |through it. I'm teaching you how to do that. Check. I'm sorry, I'm sorry, if it doesn't meet the nicey. Nice feel that you think investing is supposed to be
430 |385 |01:11:13,050 ~-~-> 01:11:23,520 |about. It's not like that, folks, this is war. And when you look at the charts, I have absolutely no moral conflict at all about taking your money or anybody
431 |386 |01:11:23,520 ~-~-> 01:11:30,450 |else's money when you're on the wrong side of the marketplace. Because you all sign the same risk disclosures when you open up your account. Everybody knows
432 |387 |01:11:30,450 ~-~-> 01:11:39,150 |that you're likely to lose money. So if I'm buying down here, I'm doing what smart money is doing. I'm told you that that's what's going to happen there.
433 |388 |01:11:39,300 ~-~-> 01:11:48,540 |From here, watch that. And we want to see it deliver up to this area again, but more specifically, the upper half. Why? Because they don't want to hear leaving
434 |389 |01:11:48,540 ~-~-> 01:11:59,340 |from this high up to the high shaded area here. That's that's not been repriced, to. We only pass through one time here that up to a quarter. So think about it
435 |390 |01:11:59,340 ~-~-> 01:12:15,660 |like this. The range on that hourly fare Vega has been repriced, to here. Right there at that moment, then this high here takes it up to that level. So the
436 |391 |01:12:15,660 ~-~-> 01:12:26,670 |remaining portion of that fear Vega. In my mind, I'm seeing that range left. I'm ignoring all this. So you're looking at all these things, trying to guess which
437 |392 |01:12:26,670 ~-~-> 01:12:33,870 |one I'm should have been looking at. I'm teaching you how to internalize it. Because this is the part that the algorithm sees now it doesn't need to look at
438 |393 |01:12:33,870 ~-~-> 01:12:46,620 |all these other highs. This is the one that matters now. Because it's traded up inside that old 60 minute fear Vega. But it's left in this portion of it, where
439 |394 |01:12:46,620 ~-~-> 01:12:55,680 |it has not read delivered to it. It's only been offered sellside. So the the efficiency model is that price needs to train up into that area and deliver
440 |395 |01:12:55,680 ~-~-> 01:13:08,580 |price that way. It does two things. It does that redelivery end and goes right for the BizStats I told you is going to end for now isn't it convenient? Isn't
441 |396 |01:13:08,580 ~-~-> 01:13:17,850 |it convenient that the market just so happens to run right up there. Clear those by stops. And now we're repacking the mill the range again. Hello. Hello. Are
442 |397 |01:13:17,850 ~-~-> 01:13:26,790 |you paying attention? Are you paying attention? Are you playing with your Gameboy? Are you texting your girlfriend? Unless this guy go off on YouTube? No.
443 |398 |01:13:27,600 ~-~-> 01:13:39,030 |You need to be paying attention taking notes. Folks, this stuff repeats every friggin day. Every day. I talk about it in Twitter, I tell you exactly what came
444 |399 |01:13:39,030 ~-~-> 01:13:46,650 |to look at I tell you exactly what it's gonna be aiming for. I've been doing it for months. My private students have watched me call this on a daily chart just
445 |400 |01:13:46,650 ~-~-> 01:14:00,630 |the same way. And it can be done on a one minute chart. Five minute chart. second chart. Yes, that's less than a minute. You cannot absolutely cannot find
446 |401 |01:14:00,660 ~-~-> 01:14:10,950 |anything fucking better than this. I'm sorry. This is perfect. This is the market. And if that upsets you, I'm sorry. But you're gonna have to grow up.
447 |402 |01:14:12,390 ~-~-> 01:14:21,150 |Because if you really want to know how to do this, if you really want to know how these markets book, you came to the right place. Mr. Wizard drill. We're
448 |403 |01:14:21,150 ~-~-> 01:14:30,870 |here. We're here every day talking about the technical science and the stuff that really works. And it's undeniable it's unrivaled. The precision cannot be
449 |404 |01:14:30,870 ~-~-> 01:14:40,590 |found anywhere else. And that's awesome. It's encouraging when you see it when you finally get your hands on it. And you see it unfold day after day, week
450 |405 |01:14:40,590 ~-~-> 01:14:57,690 |after week, month after month, year after year. It's infectious. It's It's intoxicating. You become an alcoholic. You can't imagine doing it any other way.
451 |406 |01:14:59,670 ~-~-> 01:15:18,150 |Even In a sloppy range like this, folks, even a sloppy rings just like this. It's not chaos. It is not chaos. It's all scripted. Now on better days, when we
452 |407 |01:15:18,150 ~-~-> 01:15:24,240 |don't have the effects of a Fed Chairman potentially saying something that could be utilized as a smokescreen, and reprice completely outside of the scope of
453 |408 |01:15:24,240 ~-~-> 01:15:37,380 |what would be reasonable, we can see trending days, and keep on adding to the position until it rolls to the far extreme of the daily range higher low. Some
454 |409 |01:15:37,380 ~-~-> 01:15:43,380 |of you might like to say that that's the only way you're gonna trade and that's, that's your model. Wonderful. That's nothing wrong with that. That's exactly
455 |410 |01:15:43,470 ~-~-> 01:15:53,820 |what I'm doing this for. You're going to find your model before November, you're going to know exactly how you, not everybody, collectively, how you yourself,
456 |411 |01:15:53,850 ~-~-> 01:16:05,070 |the individual watching this right now. And every time I do a live stream, you're gonna learn the thing that you resonate closest to, that makes the most
457 |412 |01:16:05,070 ~-~-> 01:16:12,750 |sense to you, you're gonna see something that says, You know what, dammit, that's exactly how I see things. And that makes perfect sense. I'm doing that. I
458 |413 |01:16:12,750 ~-~-> 01:16:20,790 |don't care about the fair Vega. I don't care about a breaker. I don't care about the week open and gas. This is what I'm gonna do. Wonderful. And when you get
459 |414 |01:16:20,790 ~-~-> 01:16:30,840 |there, bloom where you're planted. Don't tinker with it. No matter what else I teach. Don't tinker with it. Because you're here to learn how to make money.
460 |415 |01:16:31,230 ~-~-> 01:16:38,370 |You're not here to play video games, okay? You're not here to impress people on social media. You're not here to dance for people because they want to see you
461 |416 |01:16:38,370 ~-~-> 01:16:48,330 |prove that you can make money scroll down. You have bills to pay. You have bills to pay you have. You have places to go to and people to take care of. You don't
462 |417 |01:16:48,330 ~-~-> 01:16:55,980 |have time to be dancing around. For people that don't matter. None of these people matter. There's going to demand you to do something for them. You are
463 |418 |01:16:55,980 ~-~-> 01:17:07,920 |here to develop a skill set. While you can. Because this year I'm done. I'm done the second Friday of November. We're done. ICTs done mentoring, there's no more
464 |419 |01:17:07,920 ~-~-> 01:17:21,090 |mentoring. Okay. So you have to show up. You have to take notes. You have to put the work in. I promise you, I fucking guarantee you, you will absolutely know
465 |420 |01:17:21,090 ~-~-> 01:17:29,220 |what the hell you're doing come November, but you have to show up every day. Stop dancing around and adding shit to this. Oh, I'm gonna bring supply and
466 |421 |01:17:29,220 ~-~-> 01:17:37,020 |demand thing to this. I'm gonna bring Las Vegas Stop. Leave all that stuff at the door. If you want to pick it up when we're done in November and add it back
467 |422 |01:17:37,020 ~-~-> 01:17:44,640 |to everything else. Go right ahead. At that time, I don't give a shit. But while we're doing this, this is all that matters. This is it. This is the truth.
468 |423 |01:17:44,640 ~-~-> 01:17:57,330 |Nothing else matters. But this. You cannot argue you cannot resist it. It's been shown to you beforehand. You guys bitched and moaned Oh, you'll never seen got
469 |424 |01:17:57,330 ~-~-> 01:18:06,630 |here last year, you'll never see him outline all this stuff. Because it doesn't work. Dude, I'm doing it every fucking day. Every day. Like clockwork, you can
470 |425 |01:18:06,630 ~-~-> 01:18:18,060 |set your watch to me, it's perfect. That's how you would expect it if it was an algorithm when you expect it to be like this. Some of you are thinking what the
471 |426 |01:18:18,060 ~-~-> 01:18:26,820 |hell is happening? This guy usually put me to sleep and I'm watching his videos. Oh, yeah. Well, this is what it's like when I'm live. I'm bipolar. And if that
472 |427 |01:18:26,820 ~-~-> 01:18:37,500 |bothers you go somewhere else. I can't not be me. But we're talking about something that I'm passionate about. I'm absolutely passionate about this. I'm
473 |428 |01:18:37,500 ~-~-> 01:18:46,170 |passionate about your success. I want you to succeed. I want you to make money. I want you to stop working and do this on your own carve out your own fucking
474 |429 |01:18:46,170 ~-~-> 01:18:55,950 |paycheck. I want you to have that. Don't you? Don't you want that? Are you here just playing around. Because if you're here just watching shit on YouTube,
475 |430 |01:18:56,100 ~-~-> 01:19:07,410 |because you're fucking bored. You're wasting your time. You're wasting your time. This is going to keep working until they take away the markets entirely.
476 |431 |01:19:07,410 ~-~-> 01:19:19,620 |It's going to keep working the markets not going to change the algorithm ain't changing shit. It works perfectly. It's going to be hard in the beginning
477 |432 |01:19:19,620 ~-~-> 01:19:26,490 |because you have all these other things that you're trying to wrestle with. Absolutely. Just like it was for me. And all kinds of dumb stuff. books and
478 |433 |01:19:26,490 ~-~-> 01:19:36,270 |courses and things that taught me things go up and down the marketplace. It's all dumb. It's stupid. And some of them have really good marketing think you
479 |434 |01:19:36,270 ~-~-> 01:19:45,330 |think wow, this is this is it. This is the thing I've been looking for. No, it's not. It's the thing you're being distracted with right now. And when you see
480 |435 |01:19:45,390 ~-~-> 01:19:55,950 |unfortunately, a little bit of success in it and you falsely attributed you falsely attributed like a religion. But the market went up because my harmonic
481 |436 |01:19:55,950 ~-~-> 01:20:06,150 |Camelback said it was gonna go up there. mean today You got to hear that all patents have nothing to do with billions of dollars at risk. I'm sorry, it
482 |437 |01:20:06,150 ~-~-> 01:20:18,180 |doesn't work like that. Does it work like that? The markets gonna go where the money is, If there ain't the money in there, they're gonna engineer it. That's
483 |438 |01:20:18,180 ~-~-> 01:20:31,020 |the way it works about that higher here. By stops somebody short, we don't know, retail, Rick. He's short here. He's going to put a protective stop loss. And
484 |439 |01:20:31,050 ~-~-> 01:20:38,340 |because the book say, put your stop loss rate above the high, he feels great when it goes down. He's going through all this chap, he's thinking, okay. Maybe
485 |440 |01:20:38,340 ~-~-> 01:20:43,380 |it's just one of those moments where I have to wait. ICT talks about this right here is a fair value data, I'm going to trust it. You don't know what he's
486 |441 |01:20:43,380 ~-~-> 01:20:51,240 |doing. Because he wants three videos. And now all of a sudden, he's a professional, right? The market drops down. He's thinking alright, I'm I'm all
487 |442 |01:20:51,240 ~-~-> 01:21:02,790 |in now I'm adding to it. It's great. Go watch TV, go could play golf, I'm going to be good for the rest of the day, my stops in place. What do you make a
488 |443 |01:21:02,790 ~-~-> 01:21:12,960 |mistake. He traded with logic that doesn't work. He doesn't know about the new week opening gap. He doesn't understand liquidity, he doesn't understand the
489 |444 |01:21:12,960 ~-~-> 01:21:28,650 |facts that this day is going to be consolidation because of the Fed. The markets already delivered this week, folks. It went to that dollar objective. It's not
490 |445 |01:21:28,650 ~-~-> 01:21:36,600 |from payroll week, who's in the hurry right now who's in a hurry? What big money entity who's going to think to themselves, you know what I need to do right now,
491 |446 |01:21:36,900 ~-~-> 01:21:44,910 |I need to take all of our customer assets and put it at risk because not on payroll Friday is late, we got to get in there and make all the money on Friday,
492 |447 |01:21:45,090 ~-~-> 01:21:58,080 |let's get in their head because, you know, it might be a big mover. I'm sorry, but that's not how this business works. Sorry. A lot of you bring comic book
493 |448 |01:21:58,410 ~-~-> 01:22:15,870 |logic to trading. When you need a PhD level education. You need to understand how the human mind thinks how it behaves under pressure. When it's in reward.
494 |449 |01:22:17,040 ~-~-> 01:22:27,570 |They feel like they can't lose. And that's why you see these sudden rips other direction. They don't want to give them the chance to realize they're wrong and
495 |450 |01:22:27,570 ~-~-> 01:22:36,150 |collapse their trade. And before removing what just like spoofing, just like spoofing on a depth of market. They don't want them to pull those orders. So
496 |451 |01:22:36,240 ~-~-> 01:22:44,970 |what happens, they have to run for them aggressively and quickly. Otherwise, they can't participate and utilize them as counterparty to their selling of
497 |452 |01:22:44,970 ~-~-> 01:22:56,310 |their long position. They achieved it down here where I told you folks, that's not complicated. That's not complicated. That is not complicated. What's
498 |453 |01:22:56,310 ~-~-> 01:23:03,390 |complicated for you is you want to push a button and take a trade and make money right now. Because that's the only definition for you that this works is if it
499 |454 |01:23:03,390 ~-~-> 01:23:13,470 |makes you money right now, the few times that you've spent with me so far this year, you're going to fail. If you have that mindset, you have a lot to learn,
500 |455 |01:23:14,280 ~-~-> 01:23:22,860 |you should not be trading at all this year. If you're here to try to learn, that means you're not trading, close your Live account. Don't even leave it open.
501 |456 |01:23:23,190 ~-~-> 01:23:32,370 |Because you're going to do something impulsively, you're going to see me doing a series of weeks around on fire and moves that you never would have imagined
502 |457 |01:23:32,370 ~-~-> 01:23:45,300 |being seen and called out beforehand, in detail. You're gonna see that you're gonna see me pushing the button to folks, and I don't want you being led into
503 |458 |01:23:45,300 ~-~-> 01:23:54,990 |taken as a lottery. Because even if you do make money, you're not learning from it. As much as you painfully need more money, like everybody else in the world.
504 |459 |01:23:57,390 ~-~-> 01:24:08,790 |You don't learn this by putting real money at risk, because you're going to be worried about am I going to be wrong this time? If it's moving a little bit, I'm
505 |460 |01:24:08,790 ~-~-> 01:24:15,630 |trusting it. I've been here before, but it's retracing a little bit. Oh no, I can't do that. He's probably wrong. It's gonna be the time he's wrong. I should
506 |461 |01:24:15,630 ~-~-> 01:24:22,230 |have never took this trade and your closing is still gonna go in your in my favor. And you won't be in there. But you've taken a loss because you've got out
507 |462 |01:24:22,320 ~-~-> 01:24:36,030 |while I was in the retracement above the entry or below the entry in reference to a long that's why copying people is stupid. Copy me is dumb.
508 |463 |01:24:37,680 ~-~-> 01:24:44,070 |If you're going to try to trade that's the stupidest thing in the world. Now if you don't want to learn how to trade because you know yourself better than
509 |464 |01:24:44,220 ~-~-> 01:24:50,670 |anybody else would. And you know you're not gonna be disciplined. And you just want to have someone that's skilled. It provides signal See, there's absolutely
510 |465 |01:24:50,670 ~-~-> 01:24:58,350 |nothing wrong in that regard. There are people even in my community that are just like that. They just don't have the rule based ideas that are discipline to
511 |466 |01:24:58,650 ~-~-> 01:25:10,050 |maintain have a rule based strategy and say I am not doing something right now because the rules say not to. They exist even in my community, human people,
512 |467 |01:25:10,080 ~-~-> 01:25:18,540 |human beings are people that are spread across a diverse spectrum. And just because they are in my community, they hear the same videos and watch the same
513 |468 |01:25:18,540 ~-~-> 01:25:29,250 |thing listening to me right now. It doesn't mean that they're going to be responsible. There's lots of irresponsible students of mine, they want to blame
514 |469 |01:25:29,250 ~-~-> 01:25:36,600 |me for the things that they did when I had no business talking about anything for them take a lie trading, especially Forex, and they're taking trades in
515 |470 |01:25:36,600 ~-~-> 01:25:49,860 |forex, which I'm not touching on right now. I took a trade because you told me this is what happens. That's a trade that you took, you took that only, you're
516 |471 |01:25:49,860 ~-~-> 01:25:57,750 |gonna have to do that the rest of your life as a trader, you can't fault everybody else. But you. When you do it wrong on it, there's an opportunity to
517 |472 |01:25:57,750 ~-~-> 01:26:07,290 |learn from that. Love the fact of being in these charts, if you don't like watching Real Time, price action, back testing, old price moves and studying
518 |473 |01:26:07,530 ~-~-> 01:26:15,600 |every small little detail about it, I'm gonna tell you something, this is honest to God truth, I'm telling you, there is no other way to describe it. But this,
519 |474 |01:26:16,380 ~-~-> 01:26:28,770 |if you don't love that part of this, you will not be profitable, you will fail, you will blow your account, you will fail your funded account challenge, you
520 |475 |01:26:28,770 ~-~-> 01:26:37,410 |will fail to keep your funding account even if you got it if you don't love this aspect of it, because that's what this is, folks, you got to look at these
521 |476 |01:26:37,410 ~-~-> 01:26:48,720 |candlesticks and love it. You gotta love it. You can't stand weekends, you want to see these candles paint. And when they're not painting, you're fucking
522 |477 |01:26:48,720 ~-~-> 01:26:59,820 |miserable. That's just the way it is. That's what makes a trader a trader. Because if you don't have that level of passion, you will not endure losses,
523 |478 |01:27:00,090 ~-~-> 01:27:11,640 |because they're going to come even with my stuff, you're going to lose, I lose, you're going to lose. It's normal. It's a transaction cost in this business. And
524 |479 |01:27:11,640 ~-~-> 01:27:23,700 |unfortunately, most people that come in here are not equipped to see the adversities that come with embracing uncertainty. A lot of pigs can't do it. How
525 |480 |01:27:23,700 ~-~-> 01:27:31,500 |do you know how do you know I've already taught you, I told you, but that won't suffice for some of you. You want to know where it won't ever hurt you where you
526 |481 |01:27:31,500 ~-~-> 01:27:42,510 |won't ever take a loss that doesn't exist. If you think that exists, get out there, get out here, go to school, don't even watch him on how to use perfect
527 |482 |01:27:42,510 ~-~-> 01:27:51,510 |trading. Perfect, never losing trading. Getting at the highest high, not the lowest low every single time knowing every single move being a part of every
528 |483 |01:27:51,510 ~-~-> 01:27:59,580 |single move. Nobody can do that for you. You have to sleep. You're gonna get sick like I did last week, you're gonna have a family to take care of like I do
529 |484 |01:27:59,610 ~-~-> 01:28:11,430 |like you do. Some of you have jobs, sales, I mean, run businesses, some of you are in school, you can't be in every move. It's impossible. So how often are you
530 |485 |01:28:11,430 ~-~-> 01:28:22,440 |looking at things unrealistically and pressuring yourself with things that don't need to be worried about? Those are not big stones. They're small, little
531 |486 |01:28:22,440 ~-~-> 01:28:33,180 |pebbles that you easily just take your shoe off, drop the pebble, your shoe puts you back on keep on walking forward. But many of you are just trying to do
532 |487 |01:28:33,180 ~-~-> 01:28:47,250 |things well beyond what I'm outlining for you. Expecting yourself to know how to do it too soon, when I'm not expecting that and I'm the instructor. It takes
533 |488 |01:28:47,250 ~-~-> 01:29:00,480 |time. It takes time. And you have to allow your patients to form and build responsibility. And if you can't do that, it doesn't mean these concepts fail or
534 |489 |01:29:00,480 ~-~-> 01:29:15,870 |that they've changed the algorithm. Or it's become the new retail it just means that you aren't ready at all. It took me years to get an understanding to know
535 |490 |01:29:15,870 ~-~-> 01:29:23,430 |what it was I was looking for. And then even after that I tinkered with it, which is why I told you earlier, once you find your model, and you're
536 |491 |01:29:23,430 ~-~-> 01:29:33,030 |comfortable with it, even though it doesn't deliver every single day for you don't abandon it. Learn how to trade with that one month, because it will teach
537 |492 |01:29:33,030 ~-~-> 01:29:42,090 |you how to allow yourself to broaden your expectations and your understanding with other models that I teach and other tools. But you have to do one thing
538 |493 |01:29:42,090 ~-~-> 01:29:53,070 |well, you just need one thing. Buying a fair value gap shorting a pair of agar, shorting a breaker buying a breaker aiming for buy stops or aiming for a premium
539 |494 |01:29:53,070 ~-~-> 01:30:02,850 |Faraday gap if you're long and reverse it for being bearish in short, it's simple folks. That stuff is simple. Just because I have a lot of tools and a lot
540 |495 |01:30:02,850 ~-~-> 01:30:14,070 |of weapons in my repertoire and a lot of concepts, doesn't mean I'm bringing everything to every chart. You're only trading what's in the chart? That's it.
541 |496 |01:30:14,190 ~-~-> 01:30:30,270 |If it's not in a chart, you're not referring to it right. So how hard is that? That's the complicated. But anyway, I gave you something real time, it panned
542 |497 |01:30:30,270 ~-~-> 01:30:39,840 |out perfectly inside of a day that was already predetermined to be choppy and listless. Because of the Fed Chairman talking, you have to know your economic
543 |498 |01:30:39,840 ~-~-> 01:30:51,870 |calendar folks. And and tomorrow is going to being Thursday data for Friday and Friday be obviously NFP. It's a day where it's a gamble. And they can take it
544 |499 |01:30:51,870 ~-~-> 01:31:02,400 |anywhere they want. And I don't have tools that deliver a high degree of probability that I can trust, because I think that they again, those events are
545 |500 |01:31:02,400 ~-~-> 01:31:13,140 |highly manipulated. That means there's manual intervention, manual intervention, ICT can't beat that. Okay, I can't. And there's no shame in that. You want to be
546 |501 |01:31:13,140 ~-~-> 01:31:24,660 |told where the limits are? Right? You would want to I would want to do that. What are the strengths, everything I talked about? How to unrivaled? But what
547 |502 |01:31:24,660 ~-~-> 01:31:33,420 |are the weaknesses, there are certain times of the month, around certain calendar events, that precision will evade you. It doesn't matter how long
548 |503 |01:31:33,420 ~-~-> 01:31:42,420 |you've been trading. It doesn't matter how good you think you are, because I'm the author of this stuff. And I'm telling you, precision will escape you on
549 |504 |01:31:42,420 ~-~-> 01:31:51,150 |these days, over a large sample size. Once in a while, yes, I can get up there and call the low trade the low run up to near the high of the day on Non Farm
550 |505 |01:31:51,150 ~-~-> 01:31:59,130 |Payroll, I can do those things, vice versa. So my students can do some of these things, too. But does that mean it's a steady diet of every Non Farm Payroll? We
551 |506 |01:31:59,130 ~-~-> 01:32:09,000 |can do that? No. Sometimes, the Non Farm Payroll event is a mute point. It just doesn't do anything. It looks like this right here. A little bit of a squirrely
552 |507 |01:32:09,000 ~-~-> 01:32:20,580 |move and 813 and doesn't do anything. And other days where it just really takes off and runs and runs and runs and runs and who cares if it does. One day isn't
553 |508 |01:32:20,580 ~-~-> 01:32:34,140 |your career. One trading day does not and should not encapsulate your career but you trade like it is? Every trade. It's a make it or break it. You got the Rocky
554 |509 |01:32:34,140 ~-~-> 01:32:47,190 |theme playing? Come on. It's a trade. If you lose, who cares? If you win, who cares? You're indifferent to the outcome. That's how professional traders
555 |510 |01:32:47,340 ~-~-> 01:32:56,310 |conduct themselves. They don't care about the outcome. They're not over leveraging. Because they need a big monumental win to share on social media to
556 |511 |01:32:56,310 ~-~-> 01:33:07,860 |get their dopamine hit their likes up their game in this to make money consistently and manage risk. If you take a loss or series of losses, it's okay.
557 |512 |01:33:07,890 ~-~-> 01:33:18,210 |It's part of it. They're not sharing it on social media so that way they can compound the pain. And equally, so you're not sharing your winners so that we
558 |513 |01:33:18,210 ~-~-> 01:33:27,060 |can get a sugar high. As soon as you do that, this is what's gonna happen. Yeah, man, that was amazing. You're gonna take the next trade, and that trade loses.
559 |514 |01:33:27,420 ~-~-> 01:33:37,980 |And then you feel bad because like, Oh, my sugar has gone. Let me get it back. And you lose again. And now you were up 4% On the day, now you're down six. You
560 |515 |01:33:37,980 ~-~-> 01:33:53,700 |ain't sharing that on social media Noria. So, don't provide yourself a means of being deflated. By inviting social media to judge your performance. It's
561 |516 |01:33:53,700 ~-~-> 01:34:04,530 |personal. It's absolutely personal. If you're learning, you don't have to train, the worst thing you can do is share your results while you're learning, because
562 |517 |01:34:04,530 ~-~-> 01:34:13,410 |you're not going to get the advice that you're hoping for, you're not going to get the feel good, warm and fuzzies somebody invariably is gonna be jealous. And
563 |518 |01:34:13,410 ~-~-> 01:34:19,620 |don't make these miserable creatures. They're going to come up to your post, creep in there like a snake.
564 |519 |01:34:21,689 ~-~-> 01:34:32,519 |And talk about how what you did was not good enough. It was stupid. That's nonsense, you got lucky. They're never going to tell you what you think they
565 |520 |01:34:32,519 ~-~-> 01:34:39,299 |should or what you walked in. It's just like your family isn't gonna, they're not gonna understand what you're doing. They're not gonna believe what you're
566 |521 |01:34:39,299 ~-~-> 01:34:47,789 |doing can be profitable, because they can't accept the fact that if you are, you're gonna be doing better than them. And that's the way friends and family
567 |522 |01:34:47,789 ~-~-> 01:34:57,269 |operate. They can tell you the face they love you. But they love you only as long as you are just like them. And when you start crawling out of the depths of
568 |523 |01:34:57,269 ~-~-> 01:35:05,639 |mediocrity and they can start with lacking on how they've made mistakes, and not really pursued anything in their own personal life, and you're succeeding, and
569 |524 |01:35:05,639 ~-~-> 01:35:14,579 |they're still friggin lazy about doing anything about it, they're not going to cheer you on. Don't ask for outside cheerleaders, you need to be your own
570 |525 |01:35:14,579 ~-~-> 01:35:25,589 |cheerleader. And that's done in your journal, your trading journal. That trading journal that you're building this year, that's going to be the best damn trading
571 |526 |01:35:25,589 ~-~-> 01:35:34,079 |book you've ever read in your life, and you wrote it yourself. This is gonna have real experiences that you were there, you back tested that you watched that
572 |527 |01:35:34,079 ~-~-> 01:35:43,109 |live session, you call that move, you saw it. And eventually, later and a half a year, you'll be paper trading it set where you have a real engagement with it.
573 |528 |01:35:44,609 ~-~-> 01:35:52,259 |That's encouraging. That's the stuff that you want to build yourself up with things that you had your hands on or not, let me borrow this guy's momentum and
574 |529 |01:35:52,259 ~-~-> 01:36:00,659 |copy his trades. And if he makes money, I make money. And I can feel like I'm a good trading. That's not That's not trading. I'm sorry, that's not true. That's
575 |530 |01:36:00,659 ~-~-> 01:36:11,309 |mimicking. And I have a disdain for that. I can't stand it. Because to me, it makes no sense why anybody wouldn't just go through the struggle. Because it is
576 |531 |01:36:11,369 ~-~-> 01:36:19,769 |to learn this. Whether you learn from me or somebody else, I mean, it's hard. You have to look at yourself through a mirror that these markets will provide
577 |532 |01:36:19,769 ~-~-> 01:36:28,799 |for you. And you're going to discover that you aren't the person you thought you were. You're going to have character flaws that are absolutely shocking to you.
578 |533 |01:36:29,219 ~-~-> 01:36:37,919 |You're not as patient as you thought you were, you're not so disciplined as you thought you would be. In that provides opportunity for you to improve upon and
579 |534 |01:36:37,919 ~-~-> 01:36:50,939 |build yourself up. A consistently profitable trader may explain something to you in closing, one or two things is going to happen. You're going to do very, very
580 |535 |01:36:50,939 ~-~-> 01:37:00,509 |well, this year in learning how to reprice. And that is going to result in one of two things, you're going to turn into the biggest prick that you could ever
581 |536 |01:37:00,509 ~-~-> 01:37:07,979 |imagine. Because you're going to, you're going to have a skill set that you can literally sit down any given day of the week, going in and make what you make a
582 |537 |01:37:07,979 ~-~-> 01:37:24,569 |month in a trade, and you're gonna know that you can do that any fucking day you want to. That is power. That's power. That brings a level of confidence that you
583 |538 |01:37:24,569 ~-~-> 01:37:38,879 |can't even understand right now. And conversely, there's going to be the other half of you that's going to learn this had that same aptitude, that same skill
584 |539 |01:37:38,879 ~-~-> 01:37:54,749 |set. And you're going to think to yourself, Wow, what a wonderfully blessed position I'm in right now. I am so thankful that I have this skill set right now
585 |540 |01:37:54,749 ~-~-> 01:38:06,209 |that I can not only impact my own life, my personal family's life, maybe even a friend or a stranger. And you're going to conduct yourself in a manner that
586 |541 |01:38:06,209 ~-~-> 01:38:14,909 |isn't ugly, that people aren't going to look at you and say, Wow, you're arrogant. Douchebag. Even if you aren't good at trading, they won't have
587 |542 |01:38:14,909 ~-~-> 01:38:19,919 |anything bad to say about you. Because you're not conducting yourself in a manner that draws attention to yourself. Like you're some kind of fucking hero.
588 |543 |01:38:20,819 ~-~-> 01:38:30,089 |That's the problem in this industry. Okay, that's, we need less of that. And I'm hoping that what I'm creating with all of you, yes, you're gonna be monsters,
589 |544 |01:38:30,089 ~-~-> 01:38:43,679 |you're gonna be savages in the charts in your trade. And yes, I don't want you to be a social media douche bag. A lot of men can't wait to do it. But that
590 |545 |01:38:43,679 ~-~-> 01:38:55,559 |would be an embarrassment to me. Because I did that stuff. It's embarrassing. It's shameful. And you're not going to win. The majority of the the community
591 |546 |01:38:55,559 ~-~-> 01:39:03,749 |doing it, you might have some young hot shots that want to be just like you because they think that that's that's strength. That's influence that's power.
592 |547 |01:39:04,229 ~-~-> 01:39:15,659 |That's clout. When really, in all honesty, it's shit. It's all this. It's trash. It's trashy. It nobody really has any respect for anybody like that. And if
593 |548 |01:39:15,659 ~-~-> 01:39:23,909 |anybody does, it's tainted, it's fake. It's, it's because they want to try to get something from you. And once they get whatever they try to get from you,
594 |549 |01:39:24,329 ~-~-> 01:39:32,669 |they're not going to worship You. And nobody should be worshiping anyone. And I'm going to top of that list. So this skill set you're learning this year,
595 |550 |01:39:32,759 ~-~-> 01:39:45,449 |don't try to aspire to be some kind of egomaniac. It's gonna be hard for some of you really, really hard because you're going to find a skill set. That number
596 |551 |01:39:45,449 ~-~-> 01:39:56,309 |one you didn't know existed. And you're gonna be able to have the ability to make money that you've never seen before. And it's going to make you feel like
597 |552 |01:39:56,309 ~-~-> 01:40:08,129 |you're something that you really aren't because you are Growing into new money. And that was an experience I went through when I was younger man. New money
598 |553 |01:40:08,909 ~-~-> 01:40:17,909 |makes you think that you're better than you really are in all aspects. And it makes you a very toxic, ugly person. But you won't see it that way. You're going
599 |554 |01:40:17,909 ~-~-> 01:40:23,999 |to think that I should be arrogant, unjustified. Look at all the things I can do. Now look at the money I can meet, I'm better than that guy, that guy, that
600 |555 |01:40:23,999 ~-~-> 01:40:36,749 |guy, that guy. That shouldn't be your motivation. It wasn't my motivation initially. But when I found success, it made me think that way. Because I was a
601 |556 |01:40:36,749 ~-~-> 01:40:46,769 |weak young man, constantly seeking validation. And as a 50 year old man, I still seek validation, because I can't get it from a family member that's passed away
602 |557 |01:40:46,769 ~-~-> 01:40:59,699 |before seeing where I am today. So it aches in the so if you never started, you won't fall victim to being dragged back into it again. Because the public isn't
603 |558 |01:40:59,699 ~-~-> 01:41:10,289 |going to give you what you think. You think they're going to worship you and lift you up on a pedestal. That's so short term, it's not even worth it. Living
604 |559 |01:41:10,289 ~-~-> 01:41:20,099 |your life principally oriented, purpose driven, trying to make a positive impact in other people's lives not trying to shit all over because you think you're
605 |560 |01:41:20,099 ~-~-> 01:41:31,559 |better than everybody else. If you see anything in me understand this, I am absolutely convinced there is not a one single trader on this planet that can do
606 |561 |01:41:31,559 ~-~-> 01:41:43,289 |this better than me. But in that same sentence, because I know that doesn't give me the right to talk down and show everybody else. I'm giving you my time. I'm
607 |562 |01:41:43,289 ~-~-> 01:41:50,639 |giving you my life's work. Because I want to help you, I want to see you do well. I want to see what you'll do with it. And I know just like I've been
608 |563 |01:41:50,639 ~-~-> 01:41:59,909 |talking about the last couple of minutes, some of you are going to abuse that power. And you're going to regret it later in life like I did. Because you acted
609 |564 |01:41:59,909 ~-~-> 01:42:16,589 |like a fool. Because you wanted to be significant. The significance is helping other people helping other people be better than where they are now. And that
610 |565 |01:42:16,589 ~-~-> 01:42:27,299 |feels way better than me by saying you're the goat though do to go man who ain't no fucking goat. Don't call me a goat that pisses me off. Jackie, it's deemed
611 |566 |01:42:27,299 ~-~-> 01:42:38,219 |that I'm not the king. I'm not the goat, not the greatest of all times. I'm ICT or Michael, that's it. But a lot of people out there want to be called the goat.
612 |567 |01:42:39,929 ~-~-> 01:42:48,869 |And they don't have the accolades to justify it. So with that, hope you got something out of this today, if I didn't bore too much of a
613 |568 |01:42:54,330 ~-~-> 01:43:04,530 |hole in your attention span. I'm sure some of you already logged off thinking, Okay, this guy's experimental and but the marketing moving, but it did what we
614 |569 |01:43:04,530 ~-~-> 01:43:14,850 |were looking for. is small and searchable. Is that was that's all that was necessary for today. And when it does it, you stop, move to the sidelines that
615 |570 |01:43:14,850 ~-~-> 01:43:25,530 |be content. Even in your studies, be content with that. Close your charts, annotate them. And think to yourself, Well, we had a laboratory experiment today
616 |571 |01:43:25,560 ~-~-> 01:43:34,650 |we watched live price action, it behaved in a manner that was reasonable. It was expected it made perfect sense. And now that it's done it, it's right back
617 |572 |01:43:34,650 ~-~-> 01:43:42,840 |inside the range where everybody else is trying to figure out what it's going to do next, when you don't need to worry about it. Isn't that power? Doesn't that
618 |573 |01:43:42,840 ~-~-> 01:43:56,160 |give you a sense of calmness? There's no necessity for you to know when it's going to do next. Because the profile of this day indicates that it's 5050. So
619 |574 |01:43:56,160 ~-~-> 01:44:07,740 |if it's 5050 Is that progress to high probability? No. You're trying to gamble. You want to have a move. It needs to be doing something because you are in front
620 |575 |01:44:07,740 ~-~-> 01:44:19,200 |of the charts. It owes you something. Now turn your charts off. Go do something else. Be content even if it moves a lot from where we are right now. Who cares?
621 |576 |01:44:22,380 ~-~-> 01:44:30,990 |Go back in tomorrow, I won't be live streaming tomorrow and I won't be live streaming on Friday. I will be doing video work. So that way I can catch up that
622 |577 |01:44:31,020 ~-~-> 01:44:41,100 |the lectures because I'm doing these live streams pouring into you through that but I want to do pre recorded lectures too. So I want to get back to doing that.
623 |578 |01:44:41,400 ~-~-> 01:44:51,270 |Populate the channel for the 2023 mentorship, lessons and such so that's what I'll be doing over the next couple days. And also doing some interviews with
624 |579 |01:44:51,270 ~-~-> 01:45:01,740 |some of the profitable students so I will bid you a farewell. Have yourself a very pleasant afternoon, evening wherever you are. I'm going to talk to you next
625 |580 |01:45:01,740 ~-~-> 01:45:03,420 |time be safe