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ICT YT - 2024-01-18 - ICT Final Hour MOC Macro - NQ Live Execution - January 17 2024

Last modified by Drunk Monkey on 2024-01-21 07:09

Outline

 

00:00 - High-frequency trading algorithm and market analysis.

- ICT anticipates a run above a high, but misses it and adjusts strategy.

02:10 - Trading strategies using high-frequency algorithms.

- ICT identifies a swing low and enters the position, expecting a significant increase in price.

05:31 - Market volatility in the new year.

- ICT: PM sessions tend to be more lethargic, with increased volatility later in the year.

07:49 - Stock market sentiment and potential price movements.

- ICT predicts a price increase due to sentiment shift, despite pre-market sell-off.
- Speaker 2 discusses potential trading opportunities with ICT.

Transcription

1 00:00:00 --> 00:00:09 ICT: Alright, so I'm gonna show you something here says when you are anticipating a run above a high, then you're late to the party. See this wicker
2 00:00:09 --> 00:00:21 here about halfway is right there right there, I volume. So if it trades down to that point this is a little bit more
3 00:00:32 --> 00:00:37 this is a high frequency trading algorithm macro
4 00:00:45 --> 00:00:51 Yeah, I missed it I'll take that with a there.
5 00:00:55 --> 00:01:09 Start with Google alone, consequent encouragement on this wick here. And this is going to accelerate pretty hard going into the close stop is below correction of
6 00:01:09 --> 00:01:14 that wick like that more there
7 00:01:24 --> 00:01:40 and going to rip through this high and keep going into the last 10 to three minutes of trading that is seen this now obviously, at four o'clock, it doesn't
8 00:01:40 --> 00:01:47 stop trading. But anywhere between here
9 00:01:50 --> 00:02:00 353 Right there.
10 00:02:01 --> 00:02:12 Okay, between these two lines right here. That's when it'll stop spawn. These other couple minutes they are going to be retracement. And moving down away from
11 00:02:12 --> 00:02:26 the run it's going into this area here. So in short, straightforward terms, this is going to go higher and positioned I wasn't able to get long on any of this in
12 00:02:26 --> 00:02:37 here. Despite looking at this as a drawl as an orders in here to get this fair, but I got it didn't offer it. I had a limit order inside of here, it didn't
13 00:02:37 --> 00:02:48 offer it limit order here and didn't offer it so it just kept pushing, pushing, pushing pushing. So positions on now using a high frequency trading algorithmic
14 00:02:48 --> 00:02:58 entry. We're gonna go through this and rip and keep running through we're not going to go up in reverse reverse we're gonna go up and keep expanding in the
15 00:02:59 --> 00:03:16 time where it will start to increase in rally up will be from where it is now. To that okay, and in this shaded area is the element of time the time in which
16 00:03:16 --> 00:03:18 the algorithm will start spoiling price
17 00:03:28 --> 00:03:30 Okay, study with that in mind.
18 00:03:33 --> 00:03:40 And this is the close so I'll just make it up like that. So that's the close.
19 00:03:42 --> 00:03:43 So now watch how it behaves.
20 00:03:46 --> 00:03:48 You can take this because you've seen her and stuff isn't why.
21 00:04:21 --> 00:04:23 And by that
22 00:04:25 --> 00:04:35 because we're digging into this wick here. It's a swing low. So we're digging into that a consequent version of that. That's what I was aiming for as an
23 00:04:35 --> 00:04:39 entry. And now we'll see this completely rip and go higher.
24 00:05:31 --> 00:05:42 The pm sessions as of lateness characteristic of the new year. One of the reasons why I like to ease into a new year and wait till like the second week of
25 00:05:42 --> 00:05:55 February is I want the new year. uncertainties, the building of sentiment, the running against the end of year and previous year sentiment, all those things
26 00:05:55 --> 00:06:04 usually worked out. And because traditionally, people are really good starters as a traitor, they're in a hurry to get there and do something after being on
27 00:06:04 --> 00:06:16 their site Muller ends on the sidelines over the weekend. And over the holidays, when the market starts trading again from the previous session, or after holiday
28 00:06:16 --> 00:06:30 break, there's a lot of anxiety in patients, they want to get out there and get into something. And because of that, and there's usually there is a great deal
29 00:06:30 --> 00:06:38 of volatility. And purest price runs, we're gonna be in the morning session, because traditionally people are good starters, when they're traders, they want
30 00:06:38 --> 00:06:48 to jump out there and plow into it. Not really respect the risk is when we get there and just do something. Most of it's like lottery training, trading, where
31 00:06:48 --> 00:06:58 this put a position on big trade and hope it pans out or hoping prayer model where you don't even know what you're doing. It's been going up so we buy it or
32 00:06:58 --> 00:07:07 if it's going down, we sell it and hope hope it pans out for you. That generally doesn't work all that great. And you probably can't hear my puppy snoring.
33 00:07:08 --> 00:07:23 That's Piper, Bailey, Bailey. Scout has her Paul cross your throat. She's not hurting anybody. It's just there's no one else. But my point saying all that was
34 00:07:23 --> 00:07:34 that the pm session tends to be a little bit more lethargic. And usually it can be a lot more eventful. Once we get a little deeper into the year, barring the
35 00:07:34 --> 00:07:38 the summer months, the doldrums of summer, they tend to be a little bit more
36 00:07:41 --> 00:07:43 subdued in the pm session.
37 00:07:49 --> 00:08:00 Obviously when I say seem like that, people that are highly critical and just want to look for something to cry foul about, they'll find one day of months and
38 00:08:00 --> 00:08:07 say well look at this to stay here did that well of course, you know, some days it rains and it's usually the day you don't bring your umbrella so you're gonna
39 00:08:07 --> 00:08:12 make a big deal that don't be carrying
40 00:08:21 --> 00:08:30 so we have a fair value get ringside over here you see that so we're looking at our price should expand higher.
41 00:08:35 --> 00:08:37 And we'll sit back here and watch it happen.
42 00:08:38 --> 00:08:51 We're entering that sweet spot where the market on closed orders will start spoiling price higher. No need for it to drop down. Because the sentiment has
43 00:08:51 --> 00:09:02 been today, you know, going into the day, they sold it off pre market and then the rest of the day. This kept digging in moving higher, higher higher. So
44 00:09:02 --> 00:09:10 there's going to be a run up into it for those people that have been trying to short it all day. They're going to ramp it up here going into the last few
45 00:09:10 --> 00:09:10 minutes.
46 00:09:37 --> 00:09:48 Want to see if we can get 868 60 am content
47 00:09:53 --> 00:09:55 I'll remove the risk now because we're in the last few
48 00:09:56 --> 00:10:04 minutes of trading and that would cover Are commissions and no loss would be incurred
49 00:10:07 --> 00:10:09 to get above 52 I'll
50 00:10:09 --> 00:10:12 take off 10
51 00:10:22 --> 00:10:26 layer take the sheet area over here
52 00:10:27 --> 00:10:40 so focus on what it does right here inside that shaded area that's element of time tree down into our block here and retail sees this as oh it's it's topping
53 00:10:41 --> 00:10:42 you go short
54 00:10:44 --> 00:10:50 let's see where they wanted to hear the wind thanks sorry
55 00:11:03 --> 00:11:04 All right
56 00:11:12 --> 00:11:14 here we go just like that.
57 00:11:17 --> 00:11:32 Just like my friends. It's almost like a route you go. So,
58 00:11:33 --> 00:11:39 who found that one site will talk to you next time. Be safe