ICT YT - 2023-07-10 - ICT Mentorship 2023 - Algorithmic Price Delivery and Time Macros Intro

|1 |00:00:10,679 ~-~-> 00:00:19,889 |ICT: Welcome back, folks, this is going to be a lesson on time elements, an algorithm price delivery and an introduction to ICT macros. Alright, so here is

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|2 |00:00:19,889 ~-~-> 00:00:30,839 |a NASDAQ daily chart here, I'm gonna try to give you some context as to how I used the macro here on Friday, that's the first Non Farm Payroll Friday for July

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|3 |00:00:30,869 ~-~-> 00:00:45,359 |2023. So without this context, really, it doesn't help to know the specific times of the day that are called a macro. So again, this is why I counsel many

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|4 |00:00:45,359 ~-~-> 00:00:54,719 |of you not to try to teach something that you don't know yet. And as you can see, this is going to be one of those things where it's an introduction, it's

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|5 |00:00:54,719 ~-~-> 00:01:06,239 |not going to satisfy everything initially, but everything leans on other concepts and aspects to my methodology. So it's just one more piece of the

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|6 |00:01:06,239 ~-~-> 00:01:15,329 |puzzle that comes together slowly over time. And experience is the greatest teacher. So take a look at this naked chart. And I want you to take a look at

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|7 |00:01:15,359 ~-~-> 00:01:27,029 |this down close candle here, we dug into that one Thursday. So we have a wick right there, or tail, I guess you would call it. And whenever I look at a tail

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|8 |00:01:27,029 ~-~-> 00:01:41,129 |or a wick, my eye goes immediately to the midpoint. Okay, that's consequent encouragement, the algorithm treats this as a gap. On Friday, we opened, traded

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|9 |00:01:41,129 ~-~-> 00:01:53,999 |higher, real close to the midpoint of that, but what my I was, in addition to that wick, my I was also drawn into the high of this candle and the open of that

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|10 |00:01:53,999 ~-~-> 00:02:06,629 |candle. So this is a bullish order block. What makes it a bullish order block, we are inside of this candle in terms of the high and the opening price. And

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|11 |00:02:06,629 ~-~-> 00:02:16,919 |then using those specific price points and not the middle or mean threshold or the body or the mean threshold of the entire height Hello, I'm using this

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|12 |00:02:16,919 ~-~-> 00:02:28,049 |because this is the last down close candle prior to this run up after digging into this one. So what specific order block is this one here, if you looked at

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|13 |00:02:28,049 ~-~-> 00:02:40,889 |my month for content, the mentorship, my premium mentorship content that's on my YouTube channel. Again, it's month four, and you'll see that there is a lecture

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|14 |00:02:40,889 ~-~-> 00:02:51,659 |called propulsion block. Propulsion block is something that works off of an earlier order block. So we have an order block here. And then this one digs into

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|15 |00:02:51,659 ~-~-> 00:03:02,099 |that one, but you don't ever want to see price go down below half of this candles body. And we don't get that we get real close to it, but we don't get

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|16 |00:03:02,099 ~-~-> 00:03:13,949 |it. So that to me tells me that the next day, it's still advantageous to anticipate higher prices. I mentioned on Twitter ahead of non farm payrolls at

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|17 |00:03:13,949 ~-~-> 00:03:24,359 |830 in the morning in New York local time that I favored the specific buy side and sell side liquidities. And I showed you that I was looking for the higher

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|18 |00:03:24,359 ~-~-> 00:03:35,099 |side to be ran for first. And I'll catch you there look at the Twitter, you'll see that. So all these things lending well to offshore block. Thursday, we

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|19 |00:03:35,189 ~-~-> 00:03:48,059 |respected the propulsion block. And on our payroll, I was expecting an initial rally higher and maybe even challenge the high up here. But we don't know how

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|20 |00:03:48,059 ~-~-> 00:03:57,899 |far they're going to rip it or to trust it really ahead of nonfarm payrolls. So it's a guessing game in the beginning, how you use the information after the 830

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|21 |00:03:57,899 ~-~-> 00:04:07,109 |news. It's the marketplace, that manual intervention that utilize mankind to take both sides of the marketplace and the means by side and then sell side or

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|22 |00:04:07,109 ~-~-> 00:04:21,299 |sell side by side and then the real move takes place. So it's generally a whipsaw type event. So these two levels here, their respective and associated

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|23 |00:04:21,299 ~-~-> 00:04:33,539 |with to these two specific levels, they'll close candle there. So you can see here on an hourly chart, we have a high to low after taking by side here.

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|24 |00:04:34,529 ~-~-> 00:04:54,569 |inefficiency and when do breakers not provide the cleanest points of rejection or where we can use them for entries and whatnot. Nonprofit payroll, CPI and

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|25 |00:04:54,569 ~-~-> 00:05:08,819 |FOMC Okay, those those events were as I will usually see High, Low, higher high. In other circumstances I would treat this right here would treat this as a

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|26 |00:05:08,819 ~-~-> 00:05:18,719 |bearish breaker. And I would not anticipate this area to be traded to, I would look at this area here as a balanced price range, which it is in a sense, but I

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|27 |00:05:18,719 ~-~-> 00:05:29,249 |would look for this breaker to be utilized. So I'm taking you through not only the aspects of time, but I'm also telling you narrative, which is absolutely

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|28 |00:05:29,249 ~-~-> 00:05:39,509 |crucial to understanding what a macro will do. Okay, so it's not a magic pill, where all of a sudden, now you know how to trade because if there's a specific

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|29 |00:05:39,509 ~-~-> 00:05:47,039 |time of day, you still have to have some elements of understanding what price should likely do. And that is complicated. It's not easy. You're not going to

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|30 |00:05:47,039 ~-~-> 00:05:53,249 |figure it out, you know, watching this video and going into your charts right away, you just want to go through the process the rest of this year, as I'm

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|31 |00:05:53,249 ~-~-> 00:06:03,869 |teaching more about them. I'll have more lectures, obviously, in notes for macros in the books I'm putting out but it's good enough for you to start with

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|32 |00:06:03,899 ~-~-> 00:06:14,939 |and study. So we work up inside this city, which is a premium inefficiency the market wants to do what rally higher at nonfarm payroll reaches into this

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|33 |00:06:15,029 ~-~-> 00:06:24,629 |inefficiency. It doesn't need to go up here right away because we've had the run on by side but this here so all this is the inefficiency always wants to run up

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|34 |00:06:24,629 ~-~-> 00:06:39,899 |to So price only rallies to go up to inefficiencies like here by side above here. Or it consolidates for a consolidates and goes below the marketplace, for

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|35 |00:06:39,899 ~-~-> 00:06:54,719 |sale site or inefficiency. Okay, so note, this. Boston, Abell sells on efficiency. It's a fair value got in this inefficiency here, which is a city

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|36 |00:06:56,309 ~-~-> 00:07:12,299 |both are a fair Vega. And a 15 minute timeframe, there's levels here shown respectively, inside of the daily Bush proportion block. That's the highlight.

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|37 |00:07:14,369 ~-~-> 00:07:24,119 |Proportion blocks. Wick in this is the opening of that daily proportion block murderer I spent a couple minutes explaining what that is. That's these two

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|38 |00:07:24,119 ~-~-> 00:07:35,159 |levels here. We also have that hourly fair value gap, which doesn't offer a fair value gap. Now once we go into if it's an inside frame, which is why you want to

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|39 |00:07:35,159 ~-~-> 00:07:48,989 |do a top down from pdra, discount, and premium and go through what's available in terms of price action. Your first task is to again identify what is above the

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|40 |00:07:48,989 ~-~-> 00:07:59,699 |marketplace, inefficiency and liquidity by side. And what's below the marketplace inefficiency and sell side. Now obviously, you can get crazy and

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|41 |00:07:59,699 ~-~-> 00:08:08,129 |look way beyond the scope of where the market will likely reach for. But we want to look at previous day's highs and lows, session highs and lows, the highs and

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|42 |00:08:08,129 ~-~-> 00:08:18,419 |lows in the last three days and previous week high and low. So all those are very quick, easy. Go to general rules of thumb. They'll serve you extremely well

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|43 |00:08:18,479 ~-~-> 00:08:30,779 |for knowing where price will likely gravitate for inefficiencies or liquidity. So we had non farm payrolls releasing at 830. And we're in a five minute chart

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|44 |00:08:30,779 ~-~-> 00:08:42,869 |now. Now here's where I was watching. on the NASDAQ. I was interested in trading this one not so much on the ES and the reason why I chose NASDAQ not because

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|45 |00:08:42,869 ~-~-> 00:08:53,369 |it's the better one to trade. Not because my tool set to choose this one is actually trading in NASDAQ because I had students asking me Hey, can you do more

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|46 |00:08:53,369 ~-~-> 00:09:02,489 |work on NASDAQ because I've been primarily teaching with the medium of the E Mini s&p. So I don't want you to think that what I'm showing here today was a

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|47 |00:09:03,029 ~-~-> 00:09:12,329 |selection based on anything except for you my students asking me to perform something in NASDAQ versus trading in the ES which is what you've been

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|48 |00:09:12,329 ~-~-> 00:09:26,009 |predominately watching me do majority this year. So that bullish propulsion block the wick high the opening of that and then that hourly fair value gap that

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|49 |00:09:26,009 ~-~-> 00:09:37,739 |blue shaded area in the middle of the propulsion block high and propulsion block opening price that's these two specific levels here. The high the wick the

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|50 |00:09:37,739 ~-~-> 00:09:49,979 |opening of the propulsion block on the daily chart, half of that range is the Daily Motion order block, which is again propulsion block. Premium wick constant

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|51 |00:09:49,979 ~-~-> 00:10:01,109 |encouragement that means from the high the proportion blocks wick to the opening of it half of that we treat wicks and tails on candlesticks as well. gaps in the

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|52 |00:10:01,109 ~-~-> 00:10:11,489 |midpoint is consequent encouragement. That's this measurement right here. You see how sensitive is. So the market drops, after running up initially here,

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|53 |00:10:12,570 ~-~-> 00:10:24,060 |comes back down below the lows in here that digs into all this order flow, but specifically, right into consequent curtailment of the bush daily propulsion

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|54 |00:10:24,060 ~-~-> 00:10:37,920 |block, which is a order block in the market starts to move higher. Notice what it's doing first, it's taking by side and trading up into an inefficiency, and

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|55 |00:10:37,920 ~-~-> 00:10:51,750 |then reverses and goes down to sell side. So one of the things for your notes for Non Farm Payroll, whatever side of the marketplace, it goes for first rate

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|56 |00:10:51,780 ~-~-> 00:11:06,180 |as a 30 news hits. Usually not always, usually that will be the False run. So it's a given example here, it rallies for the boss ciphers, it takes traders

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|57 |00:11:06,210 ~-~-> 00:11:15,870 |into the marketplace trap some long, they want to see it keep going higher than market trades lower and takes off the cell stops Anyone, anyone that is long

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|58 |00:11:15,870 ~-~-> 00:11:33,510 |here and below recent lows, so they are not permitted to be allowed to ride this up. So trap along, stop out any shorts, drop lower, induce new shorts, crushed

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|59 |00:11:33,510 ~-~-> 00:11:46,110 |the lungs, trap them short, accumulate the sell side and then run for the buy side here in the other higher timeframe. Drawn liquidity. So this candlestick

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|60 |00:11:46,110 ~-~-> 00:11:53,880 |are here. That is your bullish order block again, same premise I used with the daily chart here, the high the wick to the opening. Okay, so we're highlighting

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|61 |00:11:53,880 ~-~-> 00:12:06,120 |that you can see a small little gap right in here. So I'm not highlighting the gap. That's the block of price action between this high and that low. That's

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|62 |00:12:06,120 ~-~-> 00:12:18,270 |your fair Vega. But I'm highlighting this order block that has that fair Vega. That is suggesting that we could go higher after stops have been taken. That is

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|63 |00:12:18,270 ~-~-> 00:12:28,470 |a high probability bullish order block. So we're looking for this shaded area here, the key off of in us to get in alignment with price action going higher.

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|64 |00:12:30,870 ~-~-> 00:12:40,320 |Three minute chart, I'm adding that in here. So you can see inside that order block, the gap actually gets refined even better. Here, you can see the bodies

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|65 |00:12:40,320 ~-~-> 00:12:50,280 |of the candles just about respecting that. And then sending higher, we have an inefficiency here, which is what an inversion fair value gap. So I'm going to

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|66 |00:12:50,280 ~-~-> 00:12:59,250 |spare you all that you can add this to your charts and for notation purposes. Over here, normally, you would see this and people that look at my stuff, they

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|67 |00:12:59,250 ~-~-> 00:13:10,920 |think this is a short, they want to go there no order flows, bullish stocks have been taken drawers here. So all this imbalance that goes up into it, and then

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|68 |00:13:10,920 ~-~-> 00:13:20,910 |treats it as support to their accumulating more Long's in here. And you'll see that I'm actually doing that same thing. And with my live trading rallies up,

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|69 |00:13:21,780 ~-~-> 00:13:34,770 |days out the buy side here. So we're dropping down into a one minute chart. Now we're gonna get to the brass tacks of the discussion here. When we look at time,

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|70 |00:13:35,340 ~-~-> 00:13:46,650 |or when I'm teaching you time, invariably, you know, folks that are trading exclusively with Forex, or now have segwayed from Forex, or just started

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|71 |00:13:46,650 ~-~-> 00:13:59,340 |trading, or monitoring and tape reading the index futures, which is where I'm trying to teach right now, I want you to think about how the characteristics of

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|72 |00:13:59,340 ~-~-> 00:14:11,850 |time are very unique to price delivery, but across all asset classes. So what I'm showing you here is how I internalized price action, whether I'm looking at

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|73 |00:14:11,850 ~-~-> 00:14:22,530 |a forex pair, whether I'm looking at commodity or whether I'm looking at index futures. Okay, so, in my mind, when I'm watching price action, I'm aware and

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|74 |00:14:22,530 ~-~-> 00:14:34,020 |conscious of the seven o'clock to nine o'clock in the morning, New York open kill zone, you know that from my lecture notes and teachings from Forex. Then

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|75 |00:14:34,020 ~-~-> 00:14:43,800 |you have the am session, New York am session from index trading, which is beginning of 830 in the morning to noon. Then you have what I've taught this

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|76 |00:14:43,800 ~-~-> 00:14:57,390 |year, the 10 o'clock to 11 o'clock AM so I've recently introduced this year macros. Now macros are very specific segments of price action, and they're

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|77 |00:14:57,390 ~-~-> 00:15:04,590 |usually 20 minute intervals. Not all of them but most of them are 20 minute intervals, I'm going to teach you a few of them this year, I'm not going to

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|78 |00:15:04,590 ~-~-> 00:15:13,680 |teach you all of them. I'm not in a position where I can do that. But there are several of them. But these are specific windows of opportunity, but not teach

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|79 |00:15:13,680 ~-~-> 00:15:25,290 |you the introduction to how I use them. When we look at price like this, I want you to see that there is price running up during nonfarm payroll into the

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|80 |00:15:25,290 ~-~-> 00:15:36,060 |inefficiency. It drops aggressively, takes our sell side below these relative equal lows, and then returns into that hourly fair value gap, which is that blue

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|81 |00:15:36,060 ~-~-> 00:15:48,210 |shaded area right in here. It rallies again, comes back down touches the high end of the alley, fair value up, then it rallies up into the inefficiency and

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|82 |00:15:48,210 ~-~-> 00:15:59,520 |takes by side once more. What does it leave and it's weak, relatively equal lows. And what specific measurement do we have here? The daily bullish

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|83 |00:15:59,550 ~-~-> 00:16:07,920 |propulsion block which is overbought, the consequent curtailment of the high and the opening price again, that level is this here to here. Okay, there's two

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|84 |00:16:07,920 ~-~-> 00:16:18,900 |respective levels, half of that is here. Now I already know, okay, I already know the majority of you, this is going right over your head because you want

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|85 |00:16:18,900 ~-~-> 00:16:31,320 |something where it's an overbought, oversold Moving Average crossover, something really simple. But I want you to understand something. These markets are driven

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|86 |00:16:31,320 ~-~-> 00:16:44,910 |by high frequency algorithm. They are not meant to be easily understood. The biggest complaint you're gonna get if it's not me talking about things longer

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|87 |00:16:44,910 ~-~-> 00:16:55,110 |than they feel I should, it's the fact that I don't make it easy. You cannot make this topic easy. Okay, I promise you, there's going to be a lot of folks

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|88 |00:16:55,110 ~-~-> 00:17:03,990 |out there that want to start talking about this topic in YouTube videos, or bring it into their mentorships. Guaranteed they have no idea how to do it.

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|89 |00:17:04,560 ~-~-> 00:17:13,290 |Okay, they don't. And if they did, they will go out there and show you examples after examples daily, every single week and using the information, you're not

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|90 |00:17:13,290 ~-~-> 00:17:27,240 |going to see that. Okay? So with that disclaimer, okay and monologue, the way I want you to think about how saying the Non Farm Payroll of it typically

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|91 |00:17:27,270 ~-~-> 00:17:39,870 |performs, we have our initial run by side, sell side, and then time becomes a factor. This is how I teach folks that and I mentioned this on Twitter space

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|92 |00:17:39,870 ~-~-> 00:17:51,600 |recently, a few days ago. Twitter space is something that is just me audibly talking. It's usually a psychological lecture in coaching, basically, without a

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|93 |00:17:51,600 ~-~-> 00:17:59,100 |chart, encouragement, that type of thing. And sometimes it's a woodshed movement, where I'm scolding you for doing things you shouldn't do, which is

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|94 |00:17:59,100 ~-~-> 00:18:12,810 |something I wish I would have had done for me when I was coming up. the sell side, again, is taken here, when it is traded below these relative equal lows

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|95 |00:18:13,380 ~-~-> 00:18:24,630 |and into the bullish propulsion block, consequent encouragement on the daily chart, that's this level here, the blue line, and that blue line right here.

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|96 |00:18:25,110 ~-~-> 00:18:36,090 |Okay. So you can see right away, that's this is the reason why I have things written out in text format, okay, numerical levels. And, and I'm describing what

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|97 |00:18:36,090 ~-~-> 00:18:45,720 |they are on a notepad. I don't want all these things on my chart, because it gets on my nerves, okay, it's too distracting for me. But to teach you

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|98 |00:18:45,720 ~-~-> 00:18:53,940 |conceptually what it is that I'm referring to, and how to visually see it. I'm showing it like this with lipstick on the chart, I do not have these things on

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|99 |00:18:53,940 ~-~-> 00:19:03,510 |my chart, I can completely empty my chart at all things, unless I'm recording something. And I'm showing you what I'm observing or thinking and focusing on at

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|100 |00:19:03,510 ~-~-> 00:19:10,140 |the time. So that way, anybody can come afterwards and watch the video. They can't say Oh, well, you know, you're just making it up as you go. Now, there's a

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|101 |00:19:10,140 ~-~-> 00:19:22,410 |very sound logic being applied to everything that I ever do. And the excuses that my trolls and detractors will say, I always have something to explain the

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|102 |00:19:22,410 ~-~-> 00:19:35,100 |marketplace. Well, that's because I knew the marketplace. And I've engineered a lot of things that you're learning that the marketplace will use. So go into the

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|103 |00:19:35,100 ~-~-> 00:19:49,410 |10 o'clock hour here, right before 10 o'clock. You have a 10 minute interval 950 That's here 950 to 1010. Now,

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|104 |00:19:49,440 ~-~-> 00:19:58,200 |I already know that some of you are going to be first time viewers of my content and this is going to be the video you see first. The things I'm explaining here

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|105 |00:19:58,230 ~-~-> 00:20:08,310 |are going to seem completely cherry picked in all hindsight. But go back and look at the videos that I share on my Twitter feed, where you actually watch me

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|106 |00:20:08,310 ~-~-> 00:20:21,420 |execute during these times of the day. I'm doing several examples recently, I've done a few with that 1015 to 1110. And I've done a few on the 950 to 1010 macro.

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|107 |00:20:22,290 ~-~-> 00:20:35,100 |This 20 minute period specializes in when the market is approaching the first 30 minutes of trading after 930 in the equities market. That's that last threshold

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|108 |00:20:35,130 ~-~-> 00:20:45,600 |for even when the forex markets trading room. Okay, so if you're a forex trader, it's still important the this if you are not a forex trader, and you're using

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|109 |00:20:45,600 ~-~-> 00:20:55,620 |futures, it's applicable, it's all joined together, it's a tapestry of how all the markets work together harmoniously. And when they aren't harmonious. There's

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|110 |00:20:55,620 ~-~-> 00:21:05,160 |a cracking correlation that in itself gives you warning signs that something's about to change. And maybe the change may be abrupt. Okay, so that's our thought

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|111 |00:21:05,220 ~-~-> 00:21:15,900 |that's outside the scope of this discussion today. But I want you to think about how we were running up into this inefficiency in this biocide. During the 915 to

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|112 |00:21:15,900 ~-~-> 00:21:26,580 |1010. Macro, what was it doing? It was delivering price to buy side. And inefficiency. This one single candle pass down. So it's the on two primary

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|113 |00:21:26,580 ~-~-> 00:21:43,800 |functions here. It's running to an area that will be deemed a premium relative to the high and the low here. We rally up to liquidity. rebalance this

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|114 |00:21:43,800 ~-~-> 00:21:52,710 |inefficiency. How do we know that balance? Because we worked back and forth and then we left it went back in all the bodies are staying inside of it is

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|115 |00:21:52,710 ~-~-> 00:22:04,170 |respecting that that's that's narrative. That's how you read candlesticks. It's not what's the Nielsen stuff? Okay. This right here, sees us drop lower what's

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|116 |00:22:04,170 ~-~-> 00:22:18,780 |occurring at the 950 to 1010. It's already worked in this liquidity. What is it going to deliver next? Well, what's the profile for nonfarm payroll, we ran by

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|117 |00:22:18,780 ~-~-> 00:22:28,290 |side, we left relatively close. We've been bullish on s&p, we've been bullish on NASDAQ. So it's going to drop down and take the other side of the marketplace

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|118 |00:22:28,320 ~-~-> 00:22:40,350 |out. Because they've engineered liquidity here, using this hourly fair value gap. It trades down into the midpoint or consequent curtailment of that daily

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|119 |00:22:40,680 ~-~-> 00:22:55,620 |propulsion block. I can imagine how this would feel bewildering for a new trader or new student, okay. You do not need to know how to do this to learn how to

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|120 |00:22:55,620 ~-~-> 00:23:07,170 |trade properly with my stuff. I'm only producing this to show you the level of detail that the algorithm refers back to when its timing its movements for

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|121 |00:23:07,170 ~-~-> 00:23:19,620 |liquidity. One of the timing its movement for inefficiencies and how it utilizes time. Look at it like this. We have the New York open kill zone. Okay, majority

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|122 |00:23:19,620 ~-~-> 00:23:31,020 |of its quiet, then 830 We have a release with nonfarm payroll, it goes up the inefficiency. At that moment, we have an overlap of the 9:30am. And the New York

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|123 |00:23:31,020 ~-~-> 00:23:42,450 |open kill zone right in here. There's a lot of overlap where there's going to be a lot what volatility, we quickly dropped down one more time in efficiency, but

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|124 |00:23:42,450 ~-~-> 00:23:53,730 |leaves majority of it open, then rips lower trades into the hourly fair value gap. Then, we chop around a little bit, trade back up into the inefficiency at

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|125 |00:23:53,730 ~-~-> 00:24:07,860 |950 to 1010. And then it will do what it will start its protraction lower to go into this liquidity here. This drop here all this movement notice how all this

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|126 |00:24:07,860 ~-~-> 00:24:18,060 |price run is during the am silver bullet 10 o'clock till 11 o'clock in the morning. And the New York am session between 830 and noon New York local time.

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|127 |00:24:19,590 ~-~-> 00:24:28,440 |So we can see and anticipate many times where you'll see me during execution they'll say I'm looking for speed now. I want to see big candles I want to see

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|128 |00:24:28,440 ~-~-> 00:24:42,930 |movement. That's a sharp drop or a strong rally from here. I'm utilizing this type of information here. The macro in itself is this a time window where the

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|129 |00:24:42,930 ~-~-> 00:24:56,430 |950 to 10 time what this is actually specializing in is it's the first 2030 and then 40 minutes of the trading hour starting at 930. So when equities market

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|130 |00:24:56,460 ~-~-> 00:25:08,940 |opens at 930 The stock market Bell starts ringing The first 30 minutes is the opening range. But that opening range doesn't have to or is required to be 30

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|131 |00:25:08,940 ~-~-> 00:25:21,600 |minutes before the actual ranges useful. It can form in 20 minutes, and then whatever liquidity is utilized there, outside that parameter high and low, it'll

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|132 |00:25:21,600 ~-~-> 00:25:32,250 |help you determine where the market will likely go to next, I'll have more teachings on the moving range. But at 950 to 1010, what is actually happening is

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|133 |00:25:32,250 ~-~-> 00:25:44,550 |is the run that starts at 930. Here, it goes into the liquidity here. So now we start a macro between 950 and 1010. A macro is a shortlist of directives that

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|134 |00:25:44,550 ~-~-> 00:25:56,130 |the algorithm will run, it's like a small little list of orders that it has to do to then seek where liquidity and or inefficiencies are, we've already went

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|135 |00:25:56,130 ~-~-> 00:26:07,200 |into a premium relative to the high and low, we're into inefficiency. And we've already bumped by side. So two functions of delivery of price has been met both

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|136 |00:26:07,200 ~-~-> 00:26:17,730 |of them for the purposes of seeking liquidity and inefficiency, it has bounced this out here, and then it starts its run for the opposing side of liquidity.

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|137 |00:26:19,140 ~-~-> 00:26:28,560 |Why is it not going to keep going higher? Why is this not a bull flag, because the parameters of the buy side here and the sell side, we have to incorporate

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|138 |00:26:28,590 ~-~-> 00:26:41,010 |the profile of Non Farm Payroll, which is what first rally, then go down, take out the stops and then resume going higher. Or drop down, take out sell side

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|139 |00:26:41,040 ~-~-> 00:26:55,980 |then run higher, take out the buy side and then drop down or just be a choppy mess that nonfarm payroll can many times b we dropped down during the peak of

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|140 |00:26:55,980 ~-~-> 00:27:07,800 |Silverbolt 10 to 11 time window. There is a silver bullet entry in here. There is a silver bullet entry in here. There an am sessions overbought time window,

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|141 |00:27:08,430 ~-~-> 00:27:19,800 |trades down to consequent curtailment of the bullish propulsion block on a daily chart. And it's also consequent curtailment of the hourly fair value, get the

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|142 |00:27:19,800 ~-~-> 00:27:33,840 |shaded in blue, and then rally a little bit short term high, we pierced that we have an order block again. That was shaded from the higher timeframe. We dropped

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|143 |00:27:33,840 ~-~-> 00:27:41,340 |down touch another order block on the hourly chart. So you can see the heirarchy from higher timeframe down the lower timeframe. The market touches it

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|144 |00:27:41,370 ~-~-> 00:27:51,150 |beautifully stops perfectly at this opening price, the down closed candle inside that shaded area which is a larger timeframe or higher timeframe order block

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|145 |00:27:51,150 ~-~-> 00:28:04,380 |from high to open price. So that green shaded area was and then we rally. What does it form right here during the 1050 to 1110? What is the significance with

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|146 |00:28:04,680 ~-~-> 00:28:17,370 |1152 1110 you're ending the 10 o'clock till 11 o'clock hour, which is the first 90 minutes of trading. And then we're going to enter the time of day where we

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|147 |00:28:17,370 ~-~-> 00:28:32,040 |enter a new york lunch in New York launch has its own macro, where it usually runs for liquidity. We have a low, high, lower low making this. He's up close

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|148 |00:28:32,040 ~-~-> 00:28:45,870 |candles, the two of them. That makes us a bullish breaker. And we can utilize that and anticipate higher prices. Running for the buy side here. the buy side

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|149 |00:28:45,870 ~-~-> 00:28:58,710 |here in the high of the inefficiency, that shade is here on the higher timeframe charts. I want you to think about how the macro time is utilized for the market

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|150 |00:28:58,830 ~-~-> 00:29:15,450 |to begin its run for liquidity, the run for inefficiency. What specifically is 1050? Well, it's 10 minutes before 11 o'clock. That's essentially the height of

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|151 |00:29:15,450 ~-~-> 00:29:16,980 |learning clothes for forex.

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|152 |00:29:18,270 ~-~-> 00:29:29,430 |Then we have the last hour before we get to New York lunch. Now there's a lot of people that argue because there's no open outcry anymore. Like it used to be and

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|153 |00:29:29,760 ~-~-> 00:29:38,760 |you know, the markets are electronic, nobody goes to lunch doesn't matter. The markets will enter some measure of consolidation going into lunch. It'll run for

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|154 |00:29:38,760 ~-~-> 00:29:48,330 |liquidity, or it can reverse. So there's three primary functions that the launch at our will do. You have to be able to fit that into the market profile for that

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|155 |00:29:48,360 ~-~-> 00:29:58,080 |particular day and we have a non farm payrolls event. So we've seen the initial run here by side engineered sell side then it drops it down for sell side. Now

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|156 |00:29:58,110 ~-~-> 00:30:06,570 |it's free to go higher because no one's not Don't get stopped out. Anyone that was buying long on the breakout was raked across the coals. Anyone that went

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|157 |00:30:06,570 ~-~-> 00:30:17,160 |short breaking out below these relative equal lows here are trapped short in the market can go higher. So I want you to see that these time windows these macros,

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|158 |00:30:17,280 ~-~-> 00:30:30,270 |they're just a time aspect to when I anticipate the market to start reaching, start doing some throwing animation. Okay, it's not enough that simply know

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|159 |00:30:30,270 ~-~-> 00:30:41,670 |these times a day. Inside those respective times, there are specific times in windows of opportunity for me and you as my students to anticipate a specific

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|160 |00:30:41,670 ~-~-> 00:30:52,230 |phenomenon in price where it will start behaving like we would expect it to, it will start running for liquidity, it will start running for inefficiency. If the

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|161 |00:30:52,230 ~-~-> 00:31:03,420 |macros do not provide that timing aspect, and a market just simply doesn't budge. That is many times a beautiful illustration for you to stop looking in

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|162 |00:31:03,420 ~-~-> 00:31:13,890 |close your charts. Because the markets ran algorithmically, whether you want to believe it or not. That's the facts. And if these elements are not producing

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|163 |00:31:13,890 ~-~-> 00:31:26,280 |movement, driving price to either inefficiencies or liquidity. If it's not showing any movement that you would expect, it fits your analysis, where you

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|164 |00:31:26,280 ~-~-> 00:31:34,350 |think the next draw on liquidity is going to be. If that's not occurring, you have to close your charts and trade the next session. There's macros in the

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|165 |00:31:34,350 ~-~-> 00:31:42,810 |afternoon. There's macros during the lunch hour, okay? There's macros in the London session, I'm showing you these two here because I just recently use them

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|166 |00:31:43,050 ~-~-> 00:31:58,530 |proving that they exist. Okay, all a macro is, is the beginning of a spooling event spooling is where price starts to reach for it reaches for think about

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|167 |00:31:58,530 ~-~-> 00:32:09,090 |like a fishing rod, you've been fishing before. And you have your hook and your weight on end of it in your baits on the hook. And you cast the fishing line out

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|168 |00:32:09,090 ~-~-> 00:32:21,060 |into the water, what's occurring with the fishing line. It's spoiling it's it's running off this, this reel, a fishing line, and it's delivering that hook that

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|169 |00:32:21,060 ~-~-> 00:32:31,500 |weight and that bait far away from where you're standing. That's what the that's what these macros are doing. It's like casting price away higher or lower. And

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|170 |00:32:31,500 ~-~-> 00:32:40,620 |I'm watching these specific times a day to do those very things, it is not going to give you a direction. Okay, so when you see these people out there trying to

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|171 |00:32:40,620 ~-~-> 00:32:48,540 |talk about how you had the macro here. And this is how you know it's going to be a bias I know yourself. Now you need to require your understanding about all the

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|172 |00:32:48,540 ~-~-> 00:32:54,810 |other things I'm teaching you, you still have to know how to take read, you still need to know how to determine a bias, you still need to know where

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|173 |00:32:54,810 ~-~-> 00:33:07,410 |liquidity is and how use that liquidity and work within a higher timeframe analysis. Otherwise, this is not going to help you. It's not going to help you.

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|174 |00:33:07,830 ~-~-> 00:33:16,860 |Okay. So if you don't know everything else, and I'm teaching, this is going to be a point of frustration for some from majority of you. I'm going to read

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|175 |00:33:16,860 ~-~-> 00:33:24,840 |complaints, people are going to complain about me and other people's videos. I don't care. I know how to use it. It's not imperative that you learn how to use

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|176 |00:33:24,840 ~-~-> 00:33:36,510 |it. But I wanted to show you again proof that these markets are algorithmic and they operate on the basis of time first, time is the first crucial factor before

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|177 |00:33:36,510 ~-~-> 00:33:47,940 |price will move. Unless a bomb drops unless there's some kind of geopolitical upheaval, something crazy unexpected swan event occurs, the markets are not

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|178 |00:33:47,940 ~-~-> 00:33:55,800 |moving randomly. They're not just popping off it whenever you have a lot of buyers or sellers coming up, they're not going to be moving because a whole

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|179 |00:33:55,800 ~-~-> 00:34:05,520 |bunch of people on Reddit are going to try to take down the hedge funds and go against them. All that stuff is nonsense. And all of these markets, whether you

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|180 |00:34:05,520 ~-~-> 00:34:13,740 |choose to believe it or not every asset class are driven by artificial intelligence that artificial intelligence is an algorithm. And it follows

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|181 |00:34:13,740 ~-~-> 00:34:27,630 |instructions that were coded for it. And it runs things based on time period. So let's take a look at this in relationship to where executed and how I traded it.

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|182 |00:34:27,930 ~-~-> 00:34:29,700 |You can see how I use this information

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|183 |00:34:35,099 ~-~-> 00:34:49,079 |I'll take them on and as you can see they're being populated as an add and subtract from the chart. There's executions and over the course of the entire

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|184 |00:34:49,079 ~-~-> 00:35:03,839 |day and see the executions as well. So let's mark and make yourself alright folks Hopefully you got something out of this one. I understand it's probably

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|185 |00:35:03,839 ~-~-> 00:35:11,399 |very advanced. And it's probably left you with more questions. And that's a wonderful that means you have opportunity to grow in your understanding. If you

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|186 |00:35:11,399 ~-~-> 00:35:22,289 |don't have any questions, you know, there's problem, you probably didn't watch it close enough. But a macro is simply a time of day, where price will begin to

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|187 |00:35:22,289 ~-~-> 00:35:31,559 |spool. That's all it is. It's reaching for liquidity or it's reaching for inefficiency. If the market is not showing signs of respecting that measure of

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|188 |00:35:31,559 ~-~-> 00:35:42,989 |time, then it's probably indicative of a bailout and don't do anything with that session or maybe even that trading day and will probably spare you some drawdown

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|189 |00:35:42,989 ~-~-> 00:35:47,669 |and or losing trades. And I'll talk to you next time. Be safe.

Wiki source code of ICT YT - 2023-07-10 - ICT Mentorship 2023 - Algorithmic Price Delivery and Time Macros Intro