Last modified by Drunk Monkey on 2023-05-26 16:39

Show last authors
1 == Outline ==
2
3 ##00:00 -## What’s your favorite song?
4
5 - What to expect on the show.
6 - What to watch on the podcast.
7
8 ##01:13 -## Welcome back.
9
10 - Welcome back to the show.
11 - Take a look at the risk disclaimer.
12
13 ##02:27 -## Daily Chart: Dollar Index.
14
15 - Dollar index, eurodollar and mini s and p
16 - Daily chart of the dollar index.
17
18 ##04:39 -## Immediate rebalance is a powerful tool.
19
20 - Immediate rebalance and where the markets go.
21 - Weekly bearish order block opening level.
22 - Daily and hourly charts of euro and dollar.
23 - Daily chart of euro/dollar.
24
25 ##08:54 -## Time of 10 to 11 am.
26
27 - Am session silver bullet trade, fair value gap.
28 - Daily chart of emini s and p.
29
30 ##11:15 -## What’s going on in the market now.
31
32 - The fear narrative and how it will play out.
33 - The short-term premium chart.
34
35 ##13:43 -## What is a 5 minute chart? -.
36
37 - The five minute chart for trading futures.
38 - The turning point here at noon.
39 - The one minute chart and how to read it.
40 - The intraday matrix.
41
42 ##18:52 -## When the market tries to back up into the order block, it’s not just because we’re going into an order block.
43
44 - How the market reacts to a short order block.
45 - How to parlay a short position.
46
47 ##20:34 -## Is it a viable trade to take that?
48
49 - Viable trade below the 4120 level.
50 - The silver bullet trade.
51
52 ##22:30 -## What’s going on in the market.
53
54 - No obvious inefficiency on the five minute chart.
55 - Market structure shift in the market structure.
56 - Shift in market structure after 12 PM.
57 - Daily and weekly candle analysis.
58
59 == Transcript ==
60
61 (% class="hover min" %)
62 |1 |00:00:00,000 ~-~-> 00:01:22,710 |ICT: Hi. Welcome back folks, it's gonna be a brief one here today take a look at this risk disclaimer before we begin.
63 |2 |00:02:27,780 ~-~-> 00:02:34,890 |All right, so we are going to go over the dollar index, Euro dollar, and E Mini s&p again today
64 |3 |00:02:41,760 ~-~-> 00:02:54,630 |so yesterday evening, I did a live stream, you guys can find that recording on my YouTube channel, every time I do a live stream, it will be added to the 2023
65 |4 |00:02:55,140 ~-~-> 00:03:09,120 |mentorship playlist. So you can find that there. If you want to look at the tab on my YouTube channel that says live. It'll be the one prior to this one. So if
66 |5 |00:03:09,120 ~-~-> 00:03:17,580 |you have not watched that one from last night, it would be better for you to watch it, then come back to this one. Because otherwise it's gonna seem like
67 |6 |00:03:17,580 ~-~-> 00:03:29,040 |cherry picking right. So here's the weekly chart here on the dollar index. And I mentioned last night that I wanted to see price drop into the low and open
68 |7 |00:03:29,130 ~-~-> 00:03:38,730 |specifically of this bullish candle. This is a bearish order block on the weekly chart for dollar index. We had that delivered today rather handsomely. And I
69 |8 |00:03:38,730 ~-~-> 00:03:49,260 |mentioned that I would use this shaded area here which is this fair value gap between this candles low this candles high I would treat it as an inversion gap.
70 |9 |00:03:49,680 ~-~-> 00:03:57,360 |Okay, or an inversion fair value gaps. In other words, it would act as support. And we'll take a closer look at that we dropped down lower timeframe now this is
71 |10 |00:03:57,360 ~-~-> 00:04:07,590 |our daily charts that same weekly bearish order block opening price, I'm extending it here on the daily chart. You can see how today for Wednesday, the
72 |11 |00:04:07,590 ~-~-> 00:04:22,440 |24th of May 2023. You're gonna hear all the ambiance outside, by the way on that back. So you have the price opening and dropping down into Monday's high. Notice
73 |12 |00:04:22,440 ~-~-> 00:04:33,630 |that to open trade down into that shaded area told to deal with be treated as a inversion fair value got. So think of it as support. And more specifically, it
74 |13 |00:04:33,630 ~-~-> 00:04:42,750 |trades to Monday's high. Now when it does this, it opens and trades down and goes right to that candles high. That is my immediate rebalance. Whenever that
75 |14 |00:04:42,750 ~-~-> 00:04:51,630 |occurs. That is very powerful in terms of if you knew where the markets go and put it that way, you have to have that obviously going forward. So if you don't
76 |15 |00:04:51,630 ~-~-> 00:04:58,980 |know what the draw on liquidity is or where the markets likely to reach to, whether it be for stops or inefficiency for the purposes of rebalancing or
77 |16 |00:04:58,980 ~-~-> 00:05:07,260 |repricing The immediate rebalance isn't going to help you all that much. But if you do have a bias and I shared mine last night, I told you that we will be
78 |17 |00:05:07,260 ~-~-> 00:05:15,990 |looking for this very level here. It traded down into Monday's high. That's the immediate rebound. And you can see the performance on the dollar index as a
79 |18 |00:05:15,990 ~-~-> 00:05:31,260 |result. And subsequently, after doing so, that lends well to weakness on euro and other foreign currencies. But we have to take it one step further. Just keep
80 |19 |00:05:31,260 ~-~-> 00:05:42,810 |that in mind that when it hits this level here, this weekly bearish order block opening price. That's important because that was my target. Now, I don't know
81 |20 |00:05:42,870 ~-~-> 00:05:52,530 |what to expect going forward. I don't want to, I don't want to guess. And to be honest with you, I'm a little out of sorts today, because my order box or two
82 |21 |00:05:52,530 ~-~-> 00:06:01,920 |dogs, Bella, she collapsed today. So we've been an emotional wreck. So I don't have a great deal of clarity to be able to focus on what I think is going to
83 |22 |00:06:01,920 ~-~-> 00:06:15,450 |happen. Going forward. So I'm just looking at what we've done today and reviewing that site. So again, we're not looking at the intraday for Dollar
84 |23 |00:06:15,450 ~-~-> 00:06:23,940 |Index, you're welcome to do that on your own charts. But on the Eurodollar. The weekly chart here, I mentioned that we would likely draw towards this order
85 |24 |00:06:23,940 ~-~-> 00:06:35,010 |block here. And we had a little bit of movement towards that today. Admittedly, it was a little bit of a wonky session. And it was up, man up and down. And
86 |25 |00:06:35,010 ~-~-> 00:06:45,900 |we'll look into that. As we drop in the lower timeframe. Here's the daily chart. As I just mentioned, on the dollar index, we're seeing the mirror image on Euro.
87 |26 |00:06:46,290 ~-~-> 00:06:56,910 |Okay, so our bias was bearish for euro in bullish for dollar. And we saw today we opened we traded up to Monday's low, which is an immediate rebalance, then
88 |27 |00:06:56,910 ~-~-> 00:07:06,930 |price starts to go lower. Notice these two candles over here, their relative equal lows. And then we have the fair value gap here in a net weekly bullish
89 |28 |00:07:07,860 ~-~-> 00:07:18,630 |order block. So I still believe in favor, this is a downside draw on Euro. And it can still do that even if the dollar index this trades in consolidation. If
90 |29 |00:07:18,630 ~-~-> 00:07:30,090 |it does find some further weakness on the downside. I don't see anything bullish here for Euro is what I'm getting. On the hourly chart for Euro dollar, you can
91 |30 |00:07:30,090 ~-~-> 00:07:40,020 |see that Monday low which has been shown here and it's the immediate rebalance here. intraday we had the high here in high here. So it's relatively equal
92 |31 |00:07:40,020 ~-~-> 00:07:49,200 |highs. And that's going to be treated as retail resistance. Traders will see that and we did in fact get the sell side liquidity pool targeted. As I
93 |32 |00:07:49,200 ~-~-> 00:07:59,850 |mentioned last night in the live stream, that will be a downside draw, then it rallied up, bumped and engaged all the buy side liquidity there. And then again
94 |33 |00:07:59,850 ~-~-> 00:08:09,810 |that Monday, immediate rebalance on Monday's low for Euro dollar this month was here. And then we had displacement to the downside. Now we have relative equal
95 |34 |00:08:09,810 ~-~-> 00:08:19,650 |lows again, and I'm keeping this in the charts that way you can kind of like frame that 107 ish, big figure level is still a draw my opinion the downside?
96 |35 |00:08:20,820 ~-~-> 00:08:29,190 |Watch this inefficiency here the sell side and balanced by side and efficiency and we have relatively cool highs. So it could step up in there and then maybe
97 |36 |00:08:29,190 ~-~-> 00:08:41,520 |resume lower, it's kind of like what I would expect going into Asian to London. Okay, the five minute chart going right into the am session, you can see how the
98 |37 |00:08:41,520 ~-~-> 00:08:52,410 |market ran up into the Monday low. This is immediate rebalance in the market, tapped it one more time. And then we broke a swing low here. So you had a shift
99 |38 |00:08:52,410 ~-~-> 00:09:01,740 |in market structure. And then we have our time of 10 to 11. That's when we're looking for am session ICT Silver Bullet trade, we can use a fair value gap
100 |39 |00:09:02,010 ~-~-> 00:09:13,080 |formed prior to 10am you would get this entry here. Or if you want to stick to only taking a fair value got inside of the hour window of 10am and 11am. New
101 |40 |00:09:13,080 ~-~-> 00:09:25,080 |York local time, you would get this Phil here. Both of them are good because the rejection block even if we don't get down below these lows here, the rejection
102 |41 |00:09:25,080 ~-~-> 00:09:36,360 |block is the lowest closing price and we learn this in my pdra matrix in the core content for my bestie mentorship was on YouTube channels. You can go find
103 |42 |00:09:36,360 ~-~-> 00:09:50,580 |it. If we have relative equal lows. And you're looking for a target. It's many times better to have a partial. No, it's getting out with a profit at the
104 |43 |00:09:50,580 ~-~-> 00:10:00,750 |rejection block if you have multiple wicks like this, because it could just go down into this overflow here where the bodies are showing it and not ever really
105 |44 |00:10:01,020 ~-~-> 00:10:10,860 |break below the wicks because the wicks do the damage. The bodies are where the the narrative is really derived. Okay, so it tells you the story, you can see
106 |45 |00:10:10,860 ~-~-> 00:10:17,310 |that rejection block, which is the lowest of all these close, I'm sorry, all these down close candles, the lowest one with the lowest close is this one here.
107 |46 |00:10:17,310 ~-~-> 00:10:28,950 |That's why it is my rejection block. You can see it does in fact reach for that. And that price for the rejection block is 1.07506. And you're up here in the 70
108 |47 |00:10:28,950 ~-~-> 00:10:43,800 |twos or the 70 fours to get short on either one of these am session. It silver bullets. So is it more than 15 pips to offer a short? Yes. So it's significantly
109 |48 |00:10:44,490 ~-~-> 00:10:54,630 |valid to take either one of these for a short. So again, like I said, it doesn't work in forex. Again. Here's another example that using the bias I shared last
110 |49 |00:10:54,630 ~-~-> 00:11:10,590 |night. Emini, s&p, this is our daily chart, I mentioned that we would be bullish on E Mini s&p Until we lost the mean threshold of the order block here. And this
111 |50 |00:11:10,590 ~-~-> 00:11:19,920 |fair value got as well. They weren't like discount arrays I was looking for. And I said if we lost that, we would go down and clear up some of the salsa
112 |51 |00:11:19,920 ~-~-> 00:11:29,280 |liquidity. And I'll take into that chart and show you we're getting lower timeframes, but we're going into a holiday weekend. And there's a lot of
113 |52 |00:11:31,320 ~-~-> 00:11:41,610 |potential for things to go off. I'll just say it that way without saying anything more to folks that are familiar with me, when I talk on my twitter
114 |53 |00:11:41,610 ~-~-> 00:11:52,830 |spaces, I do sometimes refer to tinfoil hat discussions. This is a long weekend, and senators have been offered satellite phones. So you read between the lines,
115 |54 |00:11:53,370 ~-~-> 00:12:06,660 |there may be some urgency for price to move lower, and then sell that narrative. Okay, so at that fear narrative, and we do have relative equal lows here. Is
116 |55 |00:12:06,660 ~-~-> 00:12:15,660 |there a sell side remaining there, I think we'll be doing tonight is most likely going into the opening range gap to close that in. And we'll take a look at that
117 |56 |00:12:15,720 ~-~-> 00:12:19,950 |just now. dropping into the lower timeframe. There's an hourly chart.
118 |57 |00:12:22,410 ~-~-> 00:12:31,410 |These are the lows where the sell side would be raided. I said this video last night, so you can go watch it. 10,000 10,000 Have you watched me talk about
119 |58 |00:12:31,410 ~-~-> 00:12:42,960 |live. And I said if we lost the mean threshold, and the fair value gap up here, it didn't offer support, this will be treated as inversion per Vega. You can see
120 |59 |00:12:42,960 ~-~-> 00:12:50,460 |we did go up, offered consequent encouragement here and then sold off attacking the sell side liquidity pool. And notice the bodies of the candles over here,
121 |60 |00:12:50,520 ~-~-> 00:12:59,730 |see where all the bodies are stopping rate at that low. So it's only going up to that liquidity and then coming back up into reaching for a short term premium.
122 |61 |00:13:02,970 ~-~-> 00:13:11,490 |15 minute candlestick chart. There's buy sell equity pull up here. And this is this morning, we had news at 830. You had a sell side unbalanced buy side and
123 |62 |00:13:11,490 ~-~-> 00:13:21,420 |efficiency here we traded up into that, and then displacement to the downside and clearing up all those sell stops resting below that 4120 level. In the
124 |63 |00:13:21,420 ~-~-> 00:13:32,160 |afternoon, final hour of trading, you can see that we had a shift in market structure here came back down into a bullish here a gap. This is a bias on a
125 |64 |00:13:32,160 ~-~-> 00:13:42,480 |bounce, also an inefficiency. And order walk, then we start to see price rally back up into this wherever I go. But more specifically, it's into the opening
126 |65 |00:13:42,480 ~-~-> 00:13:55,260 |range gap. And I'll show you what that is. Here's a five minute chart. And for trading futures, there's a separation between sessions. And if you look at where
127 |66 |00:13:55,260 ~-~-> 00:14:06,480 |we closed on Tuesday, and where we opened here, using the regular trading hours, tap on trading view. And this is how you get that information. Usually it'll say
128 |67 |00:14:06,480 ~-~-> 00:14:18,420 |eth, which is electronic trading hours, when you have it on a five minute chart or 15 women or whatever, you can toggle it and it'll show you the gap that would
129 |68 |00:14:18,420 ~-~-> 00:14:30,870 |exist soon as we start trading the normal regular day session. So when we have that, that gap right there, it's likely to fill but when there's a strong bias
130 |69 |00:14:30,930 ~-~-> 00:14:39,930 |and I was telling you what that bias was last night, I was suggesting that we would see what dollar higher up to that weekly bearish order blocks opening
131 |70 |00:14:39,930 ~-~-> 00:14:52,710 |price that would send Euro dollar weaker and also it would put some willingness to see sell models come into the equities market. And we've seen yes, there's a
132 |71 |00:14:52,710 ~-~-> 00:15:03,480 |gap here. And usually it's a good idea to avoid shorting when there's a gap like this but when there's a strong merited and play, it'll usually go for the
133 |72 |00:15:03,510 ~-~-> 00:15:13,590 |objective, which is that 4120 level, again, watch last night's live stream. And that's where the cell stops. And the rate on those would be if we lost the mean
134 |73 |00:15:13,590 ~-~-> 00:15:24,330 |threshold that I mentioned for ESL, the s&p market because we had that gap lower, and it was so close to getting down into take those stops, it just
135 |74 |00:15:24,330 ~-~-> 00:15:33,930 |opened, rolled right down into it consolidated around here until noon. Why did it turn here? We'll get into that a little bit. But right now, just know that
136 |75 |00:15:33,930 ~-~-> 00:15:45,780 |that turning point here at noon, is something I teach anyway. But there's a there's a confluence of events occurring there. Not only is it New York lunch,
137 |76 |00:15:46,320 ~-~-> 00:16:01,680 |it's the midpoint of the day. And we had our objective met for the downside. And silver bullet, we'll look for that here. Inside of the one minute chart, that we
138 |77 |00:16:01,680 ~-~-> 00:16:11,100 |have up close candle here, which is a bearish order block after it's been broken. So a shift in change in the state of delivery. The market trades back up
139 |78 |00:16:11,100 ~-~-> 00:16:21,780 |into that here during the 10 to 11 o'clock window. So for a one minute chart, you might look at this and say, Well, I don't really see a fair value gap there,
140 |79 |00:16:21,780 ~-~-> 00:16:31,290 |Michael, I don't, I don't see it. So therefore it doesn't work. No, if you listen to my twitter spaces, and I've also mentioned it in the live session last
141 |80 |00:16:31,290 ~-~-> 00:16:39,720 |night, where I'm looking for inefficiencies and how I look at certain inefficiencies and know with a great deal of certainty that they won't fully
142 |81 |00:16:39,750 ~-~-> 00:16:49,620 |completely fill in or rebalance, because of lower timeframes, offering multiple passes in between ranges, okay. And again, if you haven't watched it, last
143 |82 |00:16:49,620 ~-~-> 00:16:58,200 |night's video, or live stream that's going to go right over your head, and it's going to be of no help to you. But when you watch that video from last night, I
144 |83 |00:16:58,200 ~-~-> 00:17:07,920 |go into great detail how to read real order flow. Where to take this insight in what we're looking at what the spiritual herblock in between 10 and 11 o'clock,
145 |84 |00:17:08,550 ~-~-> 00:17:17,310 |as I mentioned in last night's session, and also many times in Twitter spaces, I don't look just at a one minute chart. So I have a intraday matrix where I look
146 |85 |00:17:17,310 ~-~-> 00:17:28,800 |at 45 Second charts, 32nd charts, 15 second charts, five second charts in one second chart, I mean, every individual candle is as many as one second, five,
147 |86 |00:17:30,180 ~-~-> 00:17:43,140 |second, 15 second, 32nd 45 second, so I go beneath it one minute timeframe. If I know that I have a very strong bias, which is that 4120 level again, pointing to
148 |87 |00:17:43,140 ~-~-> 00:17:56,250 |that last night, if we'd lost the last defense for the balls for E Mini s&p, I said then we would sweep out this very level here. And so if that's the draw and
149 |88 |00:17:56,250 ~-~-> 00:18:06,450 |liquidity, and we saw that because we broke down, we lost all the last line of defense for discount arrays to send es higher. And in fact, we saw that
150 |89 |00:18:06,510 ~-~-> 00:18:13,440 |supported with the idea that the dollar index was in fact reaching up into its weekly bearish order block the level I mentioned, it'd be in this video on what
151 |90 |00:18:13,440 ~-~-> 00:18:25,200 |to call for last night. Because of those factors in agreement, we could look at this area in here and break that down into a lower timeframe. Even still, this
152 |91 |00:18:25,200 ~-~-> 00:18:32,880 |is a one minute charts, every one minute interval is represented by one candlestick here, this level here, this red line, we're going to look at that
153 |92 |00:18:32,880 ~-~-> 00:18:45,480 |now on a 15 second chart, that's This is that same order Well, okay. So inside that order, walk everything north of this line going up here, all that price
154 |93 |00:18:45,480 ~-~-> 00:18:53,460 |action, we look inside that and we inspect it to see if there's any inefficiencies, and lo and behold, here we have it right there. So when the
155 |94 |00:18:53,460 ~-~-> 00:19:00,900 |market tries to back up into that order block, it's not just simply because we're going into an order block. That makes it a short, just because it's going
156 |95 |00:19:00,900 ~-~-> 00:19:08,610 |up into any old random up close candle doesn't make it an ICT bearish order block, there has to be a narrative that means it's going to want to draw down
157 |96 |00:19:08,610 ~-~-> 00:19:20,340 |into the liquidity below 4120. It's drawing up into a short term premium algorithms can short only when it runs higher. That's how smart money operates.
158 |97 |00:19:20,910 ~-~-> 00:19:33,870 |When it rallies up into this inefficiency disappear Vega, they go short. Then the market starts to spool lower attacking the sell side. So there's your am ICT
159 |98 |00:19:33,870 ~-~-> 00:19:43,890 |silver bullet. As I mentioned, I don't just simply trade on a one minute chart. I can do lots of these types of trades all day long. And if I was showing it to
160 |99 |00:19:43,890 ~-~-> 00:19:54,330 |you on a five minute chart, or a 15 minute chart, you would be lost as to why are we getting in and getting out but yet still be profitable. It's these lower
161 |100 |00:19:54,360 ~-~-> 00:20:03,120 |very, very small timeframes that I'm working with and you can parlay your account once you know what you're doing. Even on ugly days, really choppy, messy
162 |101 |00:20:03,120 ~-~-> 00:20:12,390 |days, if you want to go on and find your five handles, you can use this method here. Okay, so it's a way of dissecting and looking with X ray view into real
163 |102 |00:20:12,390 ~-~-> 00:20:20,760 |order flow. When you have a narrative when the markets likely to go to a predetermined level for either inefficiency or liquidity in this case, I
164 |103 |00:20:20,760 ~-~-> 00:20:29,820 |mentioned last night, if we've lost that mean threshold on Emini, s&p, then we would go lower and sweep out that 4120 level where the sell side liquidity was,
165 |104 |00:20:30,090 ~-~-> 00:20:46,890 |and we didn't do that here. Is it a viable trade to take that? Well, if this is the stops at 4120? Is it unreasonable to see it go down? Three handles below
166 |105 |00:20:46,890 ~-~-> 00:21:00,480 |that? No, of course not. You just liquidity resting below there. So if we went down to 41 17.75, and assuming 41 27.75, is where you'd be getting in at? What's
167 |106 |00:21:00,480 ~-~-> 00:21:10,950 |the minimum minimum criteria for a high probability? ICT silver bullet train? It's got to offer what 10 handles? Can it offer 10 hills? handles in range, get
168 |107 |00:21:10,950 ~-~-> 00:21:21,210 |that move? Yes. So this meets the criteria. Okay? So the stuff works, Web's ultimate delivers it right here a couple minutes after 11 o'clock, 10 handles
169 |108 |00:21:21,210 ~-~-> 00:21:30,810 |from up here, you wouldn't see that, unless you had the information that's being offered in a platform that offers these timeframes trading view to so happens to
170 |109 |00:21:30,810 ~-~-> 00:21:42,240 |offer that. So it's a really good platform. I like it, it allows me to teach comprehensively, and a lot of my students use it too. So I know everybody else
171 |110 |00:21:42,270 ~-~-> 00:21:52,800 |has these platforms of choice like Ninja Trader and TradeStation, I'm familiar with TradeStation, and all these other things that are available, I have to find
172 |111 |00:21:52,800 ~-~-> 00:22:06,360 |a way to be able to meet the masses, collectively. And I choose this month, this medium. And when my community said, use this, as an alternative to Mt four, I
173 |112 |00:22:06,360 ~-~-> 00:22:16,800 |went here, and I'm glad that I did do that because it allows all of us as a community to come together and see the same thing. I'm not all that proficient
174 |113 |00:22:16,800 ~-~-> 00:22:21,390 |when using it. My students are teaching me all the time new things. But moving on.
175 |114 |00:22:24,000 ~-~-> 00:22:34,020 |Now, when we got down below that 4120 level, this was the first pass here during the silver bullet trade. Notice there's no obvious inefficiency, right? Because
176 |115 |00:22:34,020 ~-~-> 00:22:42,420 |we're looking at on a five minute chart, that that's that first pass through, then it trades lower, and then it goes down to 10. Handles lower right there at
177 |116 |00:22:42,420 ~-~-> 00:22:57,510 |that 41 17.750 That's the low rate there. Okay, then at noon, it makes the low of the day. At the same time, look what's occurring in the dollar index goes
178 |117 |00:22:57,510 ~-~-> 00:23:08,670 |right up into our weekly bear shorter block opening price. This right here, this right there occurring at the same time, we're below the stops. And inside that
179 |118 |00:23:08,700 ~-~-> 00:23:20,610 |sells out liquidity pool marks the end of the day. We're done. So now what's he going to do? He's going to consolidate until the last hour of debt. Why? Because
180 |119 |00:23:21,240 ~-~-> 00:23:31,500 |dollar has made our target. It's chopping around in here. index futures are going to work towards going into what they were that opening range I showed you
181 |120 |00:23:32,430 ~-~-> 00:23:45,360 |why trying to lean on. This is that shaded area here on the opening range Nords this, this right here. So that's the regular trading hours being shown five
182 |121 |00:23:45,360 ~-~-> 00:23:55,470 |minute chart on a five minute chart here with electronic trading hours. So you see the eth down here in the lower right hand corner that's showing the price
183 |122 |00:23:55,470 ~-~-> 00:24:04,680 |action on electronic trading hours. The last hour of trading three o'clock going into for for the New York session. Obviously it trades till five and stops until
184 |123 |00:24:05,040 ~-~-> 00:24:14,820 |a restart at 6pm for index futures. But we're seeing a displacement to the upside there's a shift in market structure here. We have inbounds fair pay gap
185 |124 |00:24:14,850 ~-~-> 00:24:27,150 |in three consecutive down close Candice waterblock trot out in time. It's it treating the fair pay gap here and then works towards doing what getting up into
186 |125 |00:24:27,150 ~-~-> 00:24:40,470 |that gap. Could it hadn't worked inside of all debt. Remember, it opened here and spent all this time down here. shift in market structure after 12 o'clock,
187 |126 |00:24:40,680 ~-~-> 00:24:50,400 |which is a normal time when we see what a lunch reversal with this gap up here, I'm expecting this and I don't know because I'm talking to you live right now.
188 |127 |00:24:50,400 ~-~-> 00:25:02,280 |It's five minutes after six. I would expect to see it trade up into 4158. Close that in and see if it's willing to go any higher. Maybe Let me bump this
189 |128 |00:25:03,300 ~-~-> 00:25:10,680 |liquidity here, net little gap there. But more specifically, I would like to see all of this filled in. Now let's assume for a moment that it trades up in hits
190 |129 |00:25:10,680 ~-~-> 00:25:19,170 |that closes it in, and then we start to fall again, dollar would have to be going higher. And if that's the case, then we'll be looking for and go back up
191 |130 |00:25:19,170 ~-~-> 00:25:19,740 |to a
192 |131 |00:25:25,140 ~-~-> 00:25:38,880 |will be looking for these lows here to be taken out relative equal lows on s&p. So you guys got a chance to see me, cherry picked in the future, a daily candle,
193 |132 |00:25:39,060 ~-~-> 00:25:51,360 |a weekly candle, and it delivered like we outlined last night. This stuff works. I don't know how else to prove it, except for over and over and over again,
194 |133 |00:25:51,690 ~-~-> 00:26:02,940 |showing it to economy outlining it and it performs the setups you have to try to do your best to keep from wanting to be impatient to try to make money right
195 |134 |00:26:02,940 ~-~-> 00:26:14,370 |away. You're going to learn patience by not trying to worry about the money and learn, understand and grow in knowing how to know where these drawers of
196 |135 |00:26:14,370 ~-~-> 00:26:23,190 |liquidity are going to be. It doesn't happen overnight. And nothing I have nothing anybody else has is going to be able to help you get there faster. You
197 |136 |00:26:23,190 ~-~-> 00:26:31,590 |just have to keep showing up every day. I'll keep putting these out. I'll reveal I'll show you the things that you should be seeing in price action. And, you
198 |137 |00:26:31,590 ~-~-> 00:26:39,240 |know you'll you'll grow between now and November. So hopefully this was insightful to you until I'll talk to you next time. Be safe