ICT YT - 2023-09-09 - ICT Mentorship 2023 - Review and ICT Ma Deuce Model September 08 2023
Last modified by Drunk Monkey on 2023-09-14 09:53
Outline
00:21 - A look at the Us Dollar Index.
- A quick look at the us dollar index, looking for potential run-up in the near term.
- Daily chart for the euro dollar, showing its underlying strength and still pressure on eurodollar wanting to go lower and pound dollar wanting to going lower, and how this is indicative of heaviness.
- Maintaining a bearish standstill for british pounds and bias-based ideas for forex. No attention to smaller timeframes.
- Emini s and p futures contract september delivery daily chart.
05:58 - Moving out of the range.
- The latter part of Wednesday, thursday and friday trading, and how it's going to have to move outside of this range to trade above the buy side and sell side and efficiencies high.
- The trading range for emini s and p returning back to consequent encroachment.
- He's not interested in trading until the range is over. He's only interest in trading is the index futures s and p and nasdaq daily chart.
- He likes the idea of potentially trading down to 15,001, 126 and a half, but he's not excited about taking trades in here.
11:07 - Efficiency on the hourly chart.
- Bison analysis on efficiency on the hourly chart, breaking down bearish order block, displacement to the downside, and the sell side efficiency roller after institutional refinery drill.
- Daily bison balance.
- The one minute candlestick chart for the Nasdaq is a good example of the inversion, fair value gap.
- The inversion/fair value gap is not a support or resistance level and a lower timeframe. It is an inversion.
15:40 - What to look for in a bearish market?
- Using institutional market structure, not classic higher, high, lower, low, crap, because that's too myopic.
- The lower quadrant levels here are 15,001, 85 and a quarter of the range on the buy side, analysis on efficiency on a daily chart, which is the purple line.
- Listen to what is being said in the video and follow the narrative in the chart and also follow along in the narrative.
- This is a fair value gap, and if it was going down into here or if it went down through it and came back above it.
21:09 - The halfway point and the lower 25% quadrant.
- The first level to look for is the halfway point and the quadrant, the lower 25% which is here, and then dug into the hourly chart by sanibel,senate efficiency, which is where the two levels came from.
- Sanibel has 81 different PD arrays and uses them as a model.
- The inversion fair value gap is the model that can be used to use a inversion price gap when expecting to run back down a inefficiency.
- The one singular candle on the hourly chart is what is expected to run down into at least the lower quadrant.
- The inversion fair value gap is an advanced version of inversion. Fair value gap. It takes you right back to the core context of where are you in premium or short-term discount, and if you are bearish, you can anticipate a discount.
- The e-mini s and p has already traded it to its perspective.
Transcription
| 1 | 00:00:21,540 --> 00:00:31,380 | ICT: Welcome back, folks, we're gonna do a quick little review here and squeezing knitter approach to using some of the PDE arrays have already taught |
| 2 | 00:00:31,380 --> 00:00:40,620 | and how we can come and build a model around it. They'll come at the end the video here for now, let's take a quick look at the higher timeframe on the US |
| 3 | 00:00:40,620 --> 00:00:57,810 | Dollar Index. Last time we talked, I mentioned that we would be looking for potential run up into here. This was the Basilicata report, I mentioned, we were |
| 4 | 00:00:57,810 --> 00:01:05,760 | driving up into that, we've seen that and then that labor time, we might see this actually happen. It did we stayed bullish, we haven't been looking for |
| 5 | 00:01:05,760 --> 00:01:16,560 | lower prices on dollar, there's a small little volume imbalance right in there. Watch that going into next week. And then obviously, the buy side resides here. |
| 6 | 00:01:16,890 --> 00:01:29,010 | So a really strong run below these relatively equal lows, sell side liquidity taken fair value get traded up, and continuously moved into the buy side what |
| 7 | 00:01:29,010 --> 00:01:42,750 | you had here, here and here. Longer term, we have this so that was showing its underlying strength, and it's still gonna put me term long term pressure on |
| 8 | 00:01:43,380 --> 00:01:55,680 | Eurodollar wanting to go lower, and POUND DOLLAR wanting to go lower. Speaking to Euro here is the daily chart for euro dollar. And I mentioned the inversion |
| 9 | 00:01:55,680 --> 00:02:05,790 | fair value gap which made up into that look at the bodies again, respecting consequent erosion, which is the midpoint of any gap Mark broke lower taking the |
| 10 | 00:02:05,790 --> 00:02:16,170 | sell side out here. And then we moved aggressively in this direction towards the sell side throughout the entirety of this week, it would have been nice to see |
| 11 | 00:02:16,170 --> 00:02:28,110 | this trade up into this small little gap here I was kind of looking for that today. But the failure to get there is it's indicative of heaviness heaviness |
| 12 | 00:02:28,110 --> 00:02:38,760 | meaning that the markets likely to go lower and again attack that cell site so with higher dollar prices, we're going to stick with the idea of looking for |
| 13 | 00:02:38,760 --> 00:02:53,670 | lower prices for fiber and fiber is just a nickname for Euro dollar cable or POUND DOLLAR see we have a inversion fair value gap here the market has been |
| 14 | 00:02:53,670 --> 00:03:05,040 | breaking lower. Next draw on liquidity still remains at the sell side liquidity here. This one we chip up into this small little fair value gap there you can |
| 15 | 00:03:05,040 --> 00:03:14,910 | look at your lower timeframes, we trade up into that this is institutional or full entry drill where it goes into a partial but less than half of a fair value |
| 16 | 00:03:14,910 --> 00:03:29,820 | gap there and sells off. So we'll be looking for near term we have sell side resting below here and we have the sell side below here. So we're maintaining a |
| 17 | 00:03:29,820 --> 00:03:42,300 | bearish standstill for British pounds. So if you guys appreciate your like these longer term, you bias based ideas for forex. I'm not gonna be drawing your |
| 18 | 00:03:42,300 --> 00:03:50,850 | attention to the smaller timeframes because I don't think that is something that we should be doing right now. It's something for you to do on your own analysis |
| 19 | 00:03:50,850 --> 00:03:58,590 | but from the higher Time Frame I'm just minding my experience that you the bias and you can see pretty much it's been delivered like gangbusters so if you like |
| 20 | 00:03:58,590 --> 00:04:12,690 | that kind of stuff and you want me to continue just give this video a thumbs up Emini s&p futures contract September delivery daily chart and we just fell short |
| 21 | 00:04:12,690 --> 00:04:23,430 | yesterday going into this discount fair value got to just got really, really close, but not quite getting into it. We have this bias out of balance outside |
| 22 | 00:04:23,430 --> 00:04:31,110 | efficiency between this candles low and this candles high that's the blue lines here that's denoting that by sign and balance outside in efficiency. And this |
| 23 | 00:04:31,110 --> 00:04:42,510 | red line is consequent encouragement or midpoint between this candles low was candles highs, all this big movement up here. It's by side and bounce sell side |
| 24 | 00:04:42,540 --> 00:04:55,590 | inefficiency. So it needs to see what lower prices deliver. We seen that happen here. And this price movement here is, in my opinion, what we're having to deal |
| 25 | 00:04:55,590 --> 00:05:06,360 | with on the lower timeframe. So if you watched how we traded on Wednesday Thursday and Friday of this week for index futures. Unless you were ultra short |
| 26 | 00:05:06,360 --> 00:05:18,270 | term, like one minute, scalping, five minutes scalping, you probably experienced a lot of difficulty in terms of navigating the ebb and flow of intraday price |
| 27 | 00:05:18,270 --> 00:05:32,760 | action. So, whenever we have these kind of like bookends, think of it like that, okay, we have a strong opinion needed reasons that we can make the case for |
| 28 | 00:05:32,760 --> 00:05:46,230 | higher prices and for lower prices. And when we have that everything makes trading with a great deal precision that would otherwise be apparent in all |
| 29 | 00:05:46,230 --> 00:06:00,630 | timeframes. It kind of reduces it down to a very infrequent while at least, you may observe that it will be infrequent. We've seen that on Wednesday, Thursday |
| 30 | 00:06:00,630 --> 00:06:09,060 | and Friday. Now, the latter part of Wednesday, not the first part of Wednesday, but the afternoon of Wednesday, Thursday, and then Friday's trading. We're |
| 31 | 00:06:09,060 --> 00:06:22,230 | seeing all that in here. So it's going to have to move outside of this range definitively for me. So in other words, it's got to either trade above the buy |
| 32 | 00:06:22,230 --> 00:06:31,530 | side and sell side and efficiencies high. Or it's got to trade below the buy side and balance outside efficiencies low. While we're in here, I will not be |
| 33 | 00:06:31,530 --> 00:06:46,080 | interested in taking any trades for Emini, s&p. This area here is a fair value got from this candles, low candles high the shaded areas denoting that on the |
| 34 | 00:06:46,080 --> 00:06:57,180 | hourly chart, and see how we had a fair a gap here, institutional entry job, which is a partial entry, but just falling short of half the gap breaks down |
| 35 | 00:06:57,240 --> 00:07:06,660 | over time does the same thing here, look at all this range bound trading right in there. See that. And then we break lower, smaller range break lower a smaller |
| 36 | 00:07:06,660 --> 00:07:15,300 | range and just placement to the downside, trading to the low of the inefficiency or the buy side and sell side efficiency on the daily chart. Remember, the blue |
| 37 | 00:07:15,300 --> 00:07:26,910 | lines denote that big singular up close candle. And then the red level was the midpoint of that. And that shaded area is the fear of a gap on the daily chart. |
| 38 | 00:07:27,600 --> 00:07:37,080 | You showed up the consequent cursor in here rollover and just fell short of trading into that inefficiency on the daily chart and sweeping below this low. |
| 39 | 00:07:37,140 --> 00:07:50,190 | So it felt just short of reaching into that. And then we had this gnarly, Thursday and Friday. A trading range for E Mini s&p Returning back to consequent |
| 40 | 00:07:50,190 --> 00:07:59,670 | encroachment. Fitting in timeframe again, you can see how we had Friday's trading Thursday trading in the afternoon, retracing back up into consequent |
| 41 | 00:07:59,670 --> 00:08:11,190 | encouragement. So really nice sell off here in the morning, which was really easy to see that follow this price action here. This right here, you have to be |
| 42 | 00:08:11,190 --> 00:08:22,740 | extremely nimble and know exactly what you're looking for. If you can get it, take it and stop. Otherwise, you can get chopped up in here over trade or do a |
| 43 | 00:08:22,740 --> 00:08:32,790 | lot of things that otherwise undermine your growth or create drawdown for your account. So these are problematic areas until we leave this range. I'm not |
| 44 | 00:08:32,790 --> 00:08:42,090 | interested in touching it. So if we stay within this, when we open on Sunday in trading to it on Monday, my hands will be away from all asset classes because My |
| 45 | 00:08:42,090 --> 00:08:56,040 | only interest right now in trading is the index futures, s&p and NASDAQ NASDAQ daily chart, similar vein device or analysis on efficiency to find where this |
| 46 | 00:08:56,040 --> 00:09:07,170 | candle is high, this candles low midpoint is consequent encouragement. And price we'll have to leave this box and MLS outside of efficiency, either higher or |
| 47 | 00:09:07,170 --> 00:09:18,300 | lower before I'm interested in trading because we had this run out. I like the idea of potentially trading down to 15 126 and a half. I mean, that's what I'm |
| 48 | 00:09:18,420 --> 00:09:28,590 | interested in seeing I want to see that happen because we've seen it happen for as the run up, we've seen a partial decline, which we'll look at that. And I |
| 49 | 00:09:28,590 --> 00:09:38,490 | call that level real time before it actually is delivered on Thursday, we're on Twitter. Or we could rally higher and come back out of this boss on bail sauce |
| 50 | 00:09:38,490 --> 00:09:47,220 | on efficiency and then resume going higher and reach for the buy side here and completely close in this inefficiency over here in the form of acidity. So |
| 51 | 00:09:47,220 --> 00:10:00,480 | because the analysis is conflicted, meaning that we can range bound in here for a little while and still deliver that 15,001 26 and a half. That It's one on |
| 52 | 00:10:00,480 --> 00:10:11,790 | kind of expecting to happen. But I'm not excited about taking any trades in here until we definitively leave this by Sanibel. So some efficiency. The reason why |
| 53 | 00:10:12,210 --> 00:10:14,430 | is because even though I like the idea of going short, |
| 54 | 00:10:16,080 --> 00:10:27,960 | I could be wrong. And that may be just accumulating in here to go higher, because this market stock market is absolutely rigged. I mean, more more than it |
| 55 | 00:10:27,960 --> 00:10:38,190 | really is okay. And the only time they're propping this market up for political reasons, there's no reason for it. There's no justification for the shares being |
| 56 | 00:10:38,190 --> 00:10:47,550 | at the levels they are for stocks right now. That is it's not warranted at all. So because we're seeing conflicted both sides of the narrative on the higher |
| 57 | 00:10:47,550 --> 00:10:57,330 | timeframe, that forces your hand to be a intraday scalper, you short term trading, swing trading, you have to be very, very precise, you get really one |
| 58 | 00:10:57,330 --> 00:11:06,510 | entry. And that's it. So, Elena very small, one minute timeframe, you'll have a little bit more opportunities to navigate, but you have to have experience and |
| 59 | 00:11:06,510 --> 00:11:17,490 | be nimble. So I'm just showing you my cards. I'm not terribly excited about going into next week until we leave this bison analysis on efficiency. On the |
| 60 | 00:11:17,490 --> 00:11:29,070 | hourly chart, you can see we ran by side here into a bearish order block, we broke down bearish order block here, displacement to the downside swept the sell |
| 61 | 00:11:29,070 --> 00:11:39,210 | side here entered the buy Sanibel sell sign efficiency roller after institutional refinery drill here, which is just a partial entry into this city |
| 62 | 00:11:39,900 --> 00:11:49,320 | and chalky charts clean so that way, I will have less to talk about get through this chart discussion quicker reuse evening. We rolled through went through half |
| 63 | 00:11:49,320 --> 00:11:56,280 | of the daily buy Sanibel sell side efficiency, which is the consequent encouragement level, that blue line, which is just midpoint between the lower |
| 64 | 00:11:56,970 --> 00:12:05,250 | level and the higher level of the daily bias out of balance also on efficiency that one singular big green candle on the daily chart. That's the reference |
| 65 | 00:12:05,250 --> 00:12:20,730 | points here for it on the hourly chart. So we rolled over and I gave on Twitter. On Thursday, I said to have 15,001 85.25 and 15,001 75 noted on your chart. And |
| 66 | 00:12:20,730 --> 00:12:31,950 | we went down the bodies respected both of those levels, we whipped through both of them. The 10,001 75 is this candle here. So there's a bias on the balance |
| 67 | 00:12:31,950 --> 00:12:44,610 | also on efficiency between this candles low this candles high with this one big candle. So that's where that 15,001 75 level came from the 15,001 85. And a |
| 68 | 00:12:44,610 --> 00:12:54,420 | quarter level which is here is the daily bison imbalance, also an efficiency 25% quadrant, okay. So in other words, if you take this level here, and this level |
| 69 | 00:12:54,420 --> 00:13:06,480 | here and divide it in equal parts, four equal parts, half is here. So halfway between this level, and here is this. So it's the lower quadrant 25% level of |
| 70 | 00:13:06,480 --> 00:13:13,410 | here, this is an if not quarters theory, by the way, right away, and there's somebody saying, Oh, he's teaching quarters there. It's not quarters theory, I'm |
| 71 | 00:13:13,410 --> 00:13:22,710 | looking at an inefficiency. And I'm grading that just like I teach how to grade a pricing in my core content. So these are all algorithmic signatures that price |
| 72 | 00:13:22,710 --> 00:13:32,640 | will respect and adhere to. So it's important to know what they are and how to apply it to your charts anticipate these types of responses. The market rallies |
| 73 | 00:13:32,640 --> 00:13:41,610 | off of that on Thursday comes back in and retreats back to the consequent corrosion midpoint and then sends us back up to the high end of the daily bias |
| 74 | 00:13:41,610 --> 00:13:53,820 | out of balance on efficiency high. On the 15 minute timeframe, you can see how, again on Friday and Thursday, just a really gnarly trading range. I mean, you |
| 75 | 00:13:53,820 --> 00:14:03,900 | can grow very frustrated trying to trade this. If you're trying to anticipate a follow through either higher or lower, you have to be very, very nimble and look |
| 76 | 00:14:03,900 --> 00:14:14,940 | at the lower timeframes. Pick your shots. If you get a winner, stop for the day or the session and be done and try not to force your hand too much. Right so |
| 77 | 00:14:14,940 --> 00:14:24,240 | here's the one minute candlestick chart for the NASDAQ and I'm going to teach you something that employs my inversion fair value guy. Now before I get into |
| 78 | 00:14:24,240 --> 00:14:33,840 | this, there's a a couple points I want to make because there are a couple Romper Room mentors out there that will tell you that a fair value gap is something |
| 79 | 00:14:33,870 --> 00:14:44,910 | that is simply a support or resistance level and a lower timeframe. That's not true. That's not what it is. It's it actual inefficiency. This little area here |
| 80 | 00:14:44,910 --> 00:14:54,900 | where one single candle pass up to the upside. That's about Sanibel salts on efficiency. So it's not had any overlapping with any other candles after it |
| 81 | 00:14:54,900 --> 00:15:08,520 | formed on the downside. So it's lacking what sell side delivery. So it It's part of this swing low part of unexpected redelivery. Between the high of the daily |
| 82 | 00:15:08,520 --> 00:15:18,720 | buy side of melons sell sign in efficiency, which is this level up here. And the low of that same daily bison amount. So sign efficiency, okay? So if we are up |
| 83 | 00:15:18,750 --> 00:15:28,410 | in the upper portion of that range, because here's the consequent quotient between this level and this level, and we're seeing the market start to break |
| 84 | 00:15:28,410 --> 00:15:37,680 | down like it's still in here. This inversion fair value gap. This is part of what many of you ask how do you know which fair value gaps gonna be an inversion |
| 85 | 00:15:37,680 --> 00:15:45,570 | fair value? How do you know which fair value gap to use? I'm employing a lot of different things time and price. I'm using institutional market structure, not |
| 86 | 00:15:45,570 --> 00:15:54,690 | your classic higher high lower low crap because that's that's infancy. That's it's too myopic, you need to know what you're looking for. In the grand scheme |
| 87 | 00:15:54,690 --> 00:16:02,910 | of things price was already working its way down into and towards this redelivery on the buy side of balance on efficiency low that's this price level |
| 88 | 00:16:02,910 --> 00:16:10,950 | down here. So if we're looking at this price leg running higher, with the expectation that we're going to see it rollover, this becoming a fulcrum point, |
| 89 | 00:16:11,700 --> 00:16:24,090 | high to low projected down, that gives us a reasonable expectation to see it reach into a discount range, which would be half of the range between this high |
| 90 | 00:16:24,240 --> 00:16:33,600 | and that low, which makes the daily Boston unbalanced. So sign in efficiency. If your first time watching this, I already said enough to completely confuse you. |
| 91 | 00:16:33,810 --> 00:16:43,110 | But I promise you if you take a few times to watch this video, the only thing I'm stating is all of this price run here going down is just simply trying to |
| 92 | 00:16:43,110 --> 00:16:54,630 | get down to this level here, because it was one singular candle on the daily chart that went up. So that market will efficiently deliver sell side delivery |
| 93 | 00:16:54,660 --> 00:17:03,780 | which is not sell side liquidity sell side deliveries as the market goes lower it books price on the downside. In other words, its offering price between the |
| 94 | 00:17:03,780 --> 00:17:14,400 | range high of The Daily buys on the sell side and efficiency of 15,003 61 and a half and the low of that daily candle. Price Annabelle, it's also an efficiency |
| 95 | 00:17:15,150 --> 00:17:26,460 | of 15,001 26 and a half. So the only thing I'm stating here is if we were to take that range, which is the daily candle. And I'll explain, again, what I'm |
| 96 | 00:17:26,460 --> 00:17:35,400 | showing you here on the daily chart. But for now conceptually just imagine if half of the range from that price level here and that price level here, here for |
| 97 | 00:17:35,400 --> 00:17:42,930 | that range is here. Anything at that price level or higher is a premium. If we're bearish, we really want to be selling short up here with the expectation |
| 98 | 00:17:43,080 --> 00:17:53,730 | that it's going to aim for something down in the lower half, and ultimately perfectly delivered to this lower level 15,001 26 and a half. It need not do |
| 99 | 00:17:53,730 --> 00:18:02,820 | that. So what levels are we looking for? Because we're not dealing with zones? Well, what's the lower quadrant, lower quadrant price levels here 15,001 85 and |
| 100 | 00:18:02,820 --> 00:18:14,160 | a quarter, half of the range on the buy side analysis on efficiency on a daily chart, which is this pie in that low that's in purple, half of it's here, half |
| 101 | 00:18:14,160 --> 00:18:24,570 | of the half point in the low is the lower quadrant point. So that's why I was saying on Thursday that have these levels noted. And then you have the Tuesday |
| 102 | 00:18:24,570 --> 00:18:33,840 | August 29 2020 3:10am, one hour by Sanibel. And so it's on efficiency low. And how you mentioned that before we dropped down the lower timeframes. So |
| 103 | 00:18:33,840 --> 00:18:40,890 | everything I'm saying here, I've literally pointed to refer to what it is in this very video. So you don't have to go anywhere else searching for anything. |
| 104 | 00:18:41,700 --> 00:18:52,140 | It's just a matter of listening to what I'm saying here. And then finding it in a chart and also following along in the narrative as while interested in this |
| 105 | 00:18:52,170 --> 00:19:06,240 | very fair pay gap at all. Because we're in a premium, I'm expected to see this price late rollover, it already broke below it here. So it rolls through. I'm |
| 106 | 00:19:06,240 --> 00:19:17,550 | not interested in selling short there. Because I know that time is a bigger factor. So when prices running up like this, I'm not trying to chase that. I'm |
| 107 | 00:19:17,550 --> 00:19:31,560 | not trying to be a an early participant. I want to see price get to eight o'clock. Eight o'clock is here. So the market trades back down through it again. |
| 108 | 00:19:31,890 --> 00:19:39,750 | We're not supplying to man. So every time you see a little rectangle here, the neophyte if you're the first time viewer, or someone who just has a superiority |
| 109 | 00:19:39,750 --> 00:19:47,040 | complex, they'll say that I'm teaching supply and demand. It's absolutely not, because I'm looking through all of this to go right back to that specific candle |
| 110 | 00:19:47,040 --> 00:19:50,220 | right there. And it's specific price levels. |
| 111 | 00:19:52,530 --> 00:20:03,300 | It trades up to a here. Now because of time I'm expecting it to have a better influence over price does it It sent price lower. Yes. One more time it comes |
| 112 | 00:20:03,300 --> 00:20:12,030 | back up and hits it again. Does it go through it again? No, it stopping. Because it's referring right back to that price point right there. So this is a fair |
| 113 | 00:20:12,030 --> 00:20:20,730 | value gap. And I was bullish, I'd be interested in buying it when it was going down into here. Or if it went down through it, and it came back above it now |
| 114 | 00:20:20,730 --> 00:20:32,280 | treat it as, you know, a reclaimed discount array. I'm looking through these candlesticks to a specific PD array, but I'm applying narrative, which is a very |
| 115 | 00:20:32,280 --> 00:20:41,370 | hard thing to teach, because it's learned conceptually by experience seeing over and over and over again. That's why I'm trying to tell you that it's all you're |
| 116 | 00:20:41,370 --> 00:20:49,800 | asking for is a one shot one kill video where it literally answers all your questions in one visit one sitting one view, and it's it nothing is like that. |
| 117 | 00:20:50,340 --> 00:21:00,570 | Okay, but this approach to using an inversion for your Vega, because otherwise it would be bullish here. It's not because we're in a premium. I want to be |
| 118 | 00:21:00,570 --> 00:21:09,600 | short, I want to be looking for shorts, because I expect that daily chart, that big bullish green candle is going to be re delivered to the downside. And the |
| 119 | 00:21:09,600 --> 00:21:25,530 | first level I'm looking for is the halfway point. And the quadrant, the lower 25%, which is here, and then dug into the hourly chart by Sanibel. So Senate |
| 120 | 00:21:25,530 --> 00:21:32,760 | efficiency, which is what I mentioned earlier, before we got into this part of this video, that's where those two levels came from what I quoted on Twitter |
| 121 | 00:21:32,760 --> 00:21:48,120 | before we got down to it, the way that this emergent aerobatic app is being implemented, is my model. My deuce, my Deuce is a slang or nickname used for the |
| 122 | 00:21:48,120 --> 00:21:59,820 | mtwo machine gun. Okay, so that's the way my mind works. And the way I kind of like classify things, I have 81 Different PD arrays. And there's several things |
| 123 | 00:21:59,820 --> 00:22:13,710 | that I can do with each one of those PD arrays. This is simply an inversion for your Vega. How I use that fair, Vega is a model. And if we have a inefficiency, |
| 124 | 00:22:13,920 --> 00:22:24,360 | as outlined here, between the daily basket analysis on efficiency high and low, we're bearish, we're looking for lower prices, we get this market structure in |
| 125 | 00:22:24,360 --> 00:22:38,310 | agreement, and then time a price. We're expecting an 830 delivery, we can get in here and use this and get ahead of Yes, get ahead of and enter before the news. |
| 126 | 00:22:38,430 --> 00:22:47,280 | It's like an x ray view tips or hints or tips, it's handy and tells you this is what it's like to do. And you have the inefficiency here trades up into it and |
| 127 | 00:22:47,280 --> 00:22:59,100 | at the delivery of eight three news. And then we see it run away on the employment numbers, trading down into the lower 25%, watching between this low |
| 128 | 00:22:59,760 --> 00:23:11,310 | and this high lower quarter, or quadrant levels here, trace to here and then trace to the 15 175 level. And then ultimately, we seen it go higher from there |
| 129 | 00:23:12,960 --> 00:23:25,830 | was zooming a little bit. There's that gap. So that inversion fair value got within the context of expecting it to trade lower best case scenario, being the |
| 130 | 00:23:25,860 --> 00:23:35,850 | low of the daily boss and analysis on efficiency for NASDAQ. But needing it not to do that to find profitability, which is first partial would be here, it |
| 131 | 00:23:35,910 --> 00:23:45,570 | consequent encroachment. And you'd let it run some more to get down to the lower quadrant. And they that level you want to get a partial in if you can get down |
| 132 | 00:23:45,570 --> 00:23:54,120 | to another discount array, which was in close proximity, which is only 10 handles away, which was the hourly price on a balance outside of efficiencies |
| 133 | 00:23:54,150 --> 00:24:03,480 | low on this date and time on your hourly chart. So that's why it's annotated that we can go back and look at when you're in charts. I want to take you back |
| 134 | 00:24:03,480 --> 00:24:17,790 | up again, just know that this is what I'm showing you here. This range, how I'm employing the inversion pay gap there, here. For my Deus Ma Deuce is the model |
| 135 | 00:24:17,790 --> 00:24:27,270 | that you can use a inversion fair value gap when you are expecting price to run right back down a inefficiency. That was buyside imbalance sellside |
| 136 | 00:24:27,270 --> 00:24:35,040 | inefficiency, this can be reversed. When you have a cellphone and bounced by Senate efficiency and you're expecting price to go higher. The inversion fair a |
| 137 | 00:24:35,040 --> 00:24:46,110 | gap here would be something after a low and then would you trade back down to it and then send it higher. So everything here is just completely reversed. And I |
| 138 | 00:24:46,110 --> 00:24:53,340 | know if you're brand new to my stuff, I'm sure I'm quite certain you're you're probably confused right now. And you'd have to study but really what I'm saying |
| 139 | 00:24:53,340 --> 00:25:05,880 | here is this level here, and this level here on the hourly chart is this This one singular candle. And what I'm saying is on Thursday, I was anticipating the |
| 140 | 00:25:05,880 --> 00:25:17,550 | run down into at least the lower quadrant, lower 25%. Between this in this, which are these levels here respectively, this candles low this candles high. So |
| 141 | 00:25:17,550 --> 00:25:32,220 | we have one singular paths higher. We expect lower prices to be delivered the same way, just going back down to redeliver. Over the inefficiency here it was |
| 142 | 00:25:32,220 --> 00:25:39,540 | by side delivery. But now it needs sellside delivery because it's inefficient in that regard. Because there's no other candle between this candles low and that |
| 143 | 00:25:39,540 --> 00:25:48,930 | candles high, only one candle went higher in that range defined by that candle here this low and that high, needs to have efficient delivery that can only |
| 144 | 00:25:48,930 --> 00:25:59,790 | happen by having price go back down inside this entire range, lower quadrant halfway point, if you have a inversion fair value gap, and you're bearish and |
| 145 | 00:25:59,790 --> 00:26:07,530 | you're expecting a news report, and it's tip its hand to you saying okay, we are likely break lower and market structure and lower timeframes, we can anticipate |
| 146 | 00:26:07,530 --> 00:26:34,920 | this drop. that's occurring in here. Drop. In that's occurring in here, drop in zoomed in, inside that premium to discount. That's the inversion puree got my |
| 147 | 00:26:34,920 --> 00:26:44,430 | deuce. Second opportunity to get into it again. It breaks aggressively. inefficiency once more at a 30 employment numbers runs aggressively partial |
| 148 | 00:26:44,430 --> 00:26:56,370 | here. Partial best case scenario would be if it would deliver to the low of the hourly. But I mentioned real time. So take your profits Don't be greedy. And |
| 149 | 00:26:56,370 --> 00:27:08,010 | then we seen it go a little bit lower than my objective on that particular day, but never got to the low of the daily by sending ourselves out of deficiency |
| 150 | 00:27:08,010 --> 00:27:21,390 | being this level here. It never got to that level. So I'm certain it's a lot for you to digest. But every one of my PD arrays, you can apply it to specific |
| 151 | 00:27:21,420 --> 00:27:30,810 | elements of market structure and how you anticipate price delivering. And you can plug and play each one of these PD arrays with the expectation that the |
| 152 | 00:27:30,810 --> 00:27:44,130 | model will deliver on their a specific premise, we're expecting this level here to this level here be delivered with downside delivery and or cell site delivery |
| 153 | 00:27:44,250 --> 00:27:54,300 | as price was going lower. It's not random, it's not going to some random level, it's gone to very specific price levels. And if I'm going to use this inversion |
| 154 | 00:27:54,300 --> 00:28:06,360 | fair value gap, I can use it in the context of Mondeuse Mondeuse is simply a model utilizing in an inversion fair value got so that pdra It's an advanced |
| 155 | 00:28:06,360 --> 00:28:17,040 | version, or application of inversion fair value gap. But it takes you right back to the core context of where are you in price, was it likely to go to next? And |
| 156 | 00:28:17,040 --> 00:28:25,350 | are you in a short term premium or short term discount? If we're bearish and we're in premium, we can anticipate price reaching down into a discount, but not |
| 157 | 00:28:25,350 --> 00:28:36,510 | some random level. Very specific levels in it need not go to the best case scenario which would be the low which I still hold true that I suspect at some |
| 158 | 00:28:36,510 --> 00:28:45,690 | point maybe next week, that will try to reach down here until I'm proven wrong. And I'm okay with being proven wrong. I'm gonna be trying it. But the idea is I |
| 159 | 00:28:45,690 --> 00:28:52,620 | expect it to trade down here because the E Mini s&p has already traded it to its perspective by Sanibel and self sufficiency where it's really short. |
| 160 | 00:28:59,640 --> 00:29:05,850 | Right folks, that's it for this one. Enjoy your weekend. Thanks for watching, and I'll talk to you next time. Be safe |