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Last modified by Drunk Monkey on 2024-08-31 08:08
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2 |1 |00:00:13 ~-~-> 00:00:19 |ICT: Man, this OBS, crap, total, uh,
3 |2 |00:00:26 ~-~-> 00:00:30 |the frustration from this thing OBS is what I used to by the way, good morning.
4 |3 |00:00:31 ~-~-> 00:00:42 |The software guy used to try to strain this crap to YouTube is working with me
5 |4 |00:00:42 ~-~-> 00:00:47 |today, so I'm trying to figure out if I can Get the audio cache of
6 |5 |00:01:39 ~-~-> 00:01:51 |Do You check? Are you check? Okay. Now I can hear so anyway, good morning. Sorry
7 |6 |00:01:51 ~-~-> 00:01:54 |for my delay. Here, this technology for you,
8 |7 |00:01:57 ~-~-> 00:01:58 |the
9 |8 |00:02:00 ~-~-> 00:02:06 |NASDAQ here has had its high impact news driver release 830 and then they've
10 |9 |00:02:06 ~-~-> 00:02:19 |pumped it up into the new equipment gap at on july 28 2024 and we have a 15
11 |10 |00:02:19 ~-~-> 00:02:25 |second chart on the right, and then we have the one minute chart in the lower
12 |11 |00:02:25 ~-~-> 00:02:30 |left, and upper left we have The 15 minute time
13 |12 |00:02:37 ~-~-> 00:02:48 |frame. So I'm a little tricked out of gear because of my opening up like I
14 |13 |00:02:48 ~-~-> 00:02:55 |wanted to give me a few minutes to get my bearings here, maybe turn my
15 |14 |00:02:55 ~-~-> 00:02:57 |grandfather's berries. I
16 |15 |00:03:12 ~-~-> 00:03:23 |peel through this with the one minute chart. This line here is the close in
17 |16 |00:03:23 ~-~-> 00:03:31 |the opening basically being the same price at 5pm yesterday evening New York
18 |17 |00:03:31 ~-~-> 00:03:35 |time and 6pm opening price.
19 |18 |00:03:41 ~-~-> 00:03:44 |So if you recall yesterday, I was mentioning how if it was going to
20 |19 |00:03:44 ~-~-> 00:03:53 |continue, it's going to trade up into new opening gap here on july 28 and if
21 |20 |00:03:53 ~-~-> 00:03:59 |it continued to higher than that, we had some daily short term high and a volume
22 |21 |00:03:59 ~-~-> 00:04:02 |and bounds that was further back in the year.
23 |22 |00:04:13 ~-~-> 00:04:20 |This was pretty aggressive here, opening on our high end technique driver, 830
24 |23 |00:04:21 ~-~-> 00:04:27 |and sending it up. Finally, bumping that old, new opening. Got on the 28th I'm
25 |24 |00:05:14 ~-~-> 00:05:24 |All right, so we had several highs in here swept into a old music opening gap,
26 |25 |00:05:24 ~-~-> 00:05:31 |and we'll be watching does I'm going to use this information here with that gap
27 |26 |00:05:31 ~-~-> 00:05:37 |and maybe use a wick into this one between This candle is low and this
28 |27 |00:05:37 ~-~-> 00:05:45 |candle is high. I'm I was going to talk to you a few days. I was last week, I
29 |28 |00:05:45 ~-~-> 00:05:52 |was going to talk to you about wicks. I never got to because the stream got
30 |29 |00:05:52 ~-~-> 00:05:57 |interrupted with the remnants of Hurricane Deborah. No Debbie. So
31 |30 |00:06:00 ~-~-> 00:06:05 |whenever there's a wick, I like to see it try to trade back down to the
32 |31 |00:06:05 ~-~-> 00:06:10 |midpoint. If it doesn't get to the midpoint, it's like a fair value gap
33 |32 |00:06:10 ~-~-> 00:06:15 |that can't trade to its consequent encouragement. So it's usually
34 |33 |00:06:15 ~-~-> 00:06:19 |indicative that it wants to go the other direction, because it didn't trade
35 |34 |00:06:19 ~-~-> 00:06:27 |there, and we have done somewhat of a nice, smooth area in here this high. And
36 |35 |00:06:27 ~-~-> 00:06:31 |then they ran up into the new opening gap I'm watching during the opening
37 |36 |00:06:31 ~-~-> 00:06:37 |range, which is the 30 minutes after 930 to 10 o'clock. Did they want to send it
38 |37 |00:06:37 ~-~-> 00:06:43 |up in here or into that? Because if there's two fair value gaps, this is the
39 |38 |00:06:43 ~-~-> 00:06:46 |one you're watching, but you have to make an allowance for it to trade up
40 |39 |00:06:46 ~-~-> 00:06:52 |into there. And if it does want to sell off, I want to see it, try to trade down
41 |40 |00:06:52 ~-~-> 00:06:56 |to here. I'm not trying to call the top, not trying to pick the top, not trying
42 |41 |00:06:56 ~-~-> 00:07:01 |to force an opinion. I'm observing and seeing if it wants to provide that
43 |42 |00:07:01 ~-~-> 00:07:01 |information to me.
44 |43 |00:07:16 ~-~-> 00:07:21 |And the main focus today is turtle soup, by the way, I just want to get a read on
45 |44 |00:07:21 ~-~-> 00:07:24 |what It's doing here going into The 10 O'clock out.
46 |45 |00:07:42 ~-~-> 00:08:31 |So I have to do all that kind of stuff gets on my nerves, too. But all these
47 |46 |00:08:31 ~-~-> 00:08:41 |people out there trying to be me to get engagements for ad revenue or whatever
48 |47 |00:08:41 ~-~-> 00:08:41 |it is they do
49 |48 |00:08:46 ~-~-> 00:08:58 |this to the fellow that says, Make the borders opaque. I want to see the
50 |49 |00:08:58 ~-~-> 00:09:04 |borders. I want to see what the actual candlestick wicks are traded to. So if I
51 |50 |00:09:04 ~-~-> 00:09:12 |don't use the borders, they won't really technically be active. So you're getting
52 |51 |00:09:12 ~-~-> 00:09:17 |a chance to see what it's like when I'm jerked out of gear because I was
53 |52 |00:09:17 ~-~-> 00:09:21 |fighting with this OBS thing for like, 20 minutes. It wasn't, it wasn't syncing
54 |53 |00:09:21 ~-~-> 00:09:25 |with the microphone, it wasn't giving me any audio connection. Though, I had to
55 |54 |00:09:25 ~-~-> 00:09:31 |keep restarting the system, and they had an update, and I chose to use the
56 |55 |00:09:31 ~-~-> 00:09:38 |update. I always tell myself not to do that. It wasn't working. So took several
57 |56 |00:09:38 ~-~-> 00:09:43 |time to do it. Now, pissed off, to be honest, because I come here later than I
58 |57 |00:09:43 ~-~-> 00:09:49 |wanted to be, all right, so we swept down below the close and the opening
59 |58 |00:09:49 ~-~-> 00:09:54 |price at 6pm since there's really no technical gap or difference between the
60 |59 |00:09:54 ~-~-> 00:09:59 |two prices, I always just use a simple little line like that, okay, and I treat
61 |60 |00:09:59 ~-~-> 00:10:04 |it the same way. They can sweep through it, come back and revisit it. It's one
62 |61 |00:10:04 ~-~-> 00:10:09 |single level. It's not a range or inefficiency, it's just one single price
63 |62 |00:10:09 ~-~-> 00:10:09 |level.
64 |63 |00:10:22 ~-~-> 00:10:40 |I so you see, we had this candle here, trade to 131 50. Hi here, 130 1.25 I.
65 |64 |00:10:40 ~-~-> 00:10:56 |Five, 131, even so just fell short of touching that that gap there
66 |65 |00:11:02 ~-~-> 00:11:05 |was talking about, I think it was yesterday, or the previous session. I
67 |66 |00:11:05 ~-~-> 00:11:12 |was referring to yesterday when I was talking about the the lowest barrier to
68 |67 |00:11:12 ~-~-> 00:11:17 |entry, the easiest entry points are going to be the ones that you don't try
69 |68 |00:11:17 ~-~-> 00:11:24 |to finesse too much. And if you're trying to use a month tick above to get
70 |69 |00:11:24 ~-~-> 00:11:28 |any kind of short in that fair value got there, you wouldn't have been filled.
71 |70 |00:11:28 ~-~-> 00:11:34 |And that's the that's the punishment for trying to be too perfect. Try and demand
72 |71 |00:11:34 ~-~-> 00:11:39 |perfection, which is a good problem, because most people can't even figure
73 |72 |00:11:39 ~-~-> 00:11:41 |out what to in terms of direction. They can't figure out how to get into a
74 |73 |00:11:42 ~-~-> 00:11:46 |trade. So if you have a problem with not getting filled on some of your trades,
75 |74 |00:11:46 ~-~-> 00:11:51 |or initially, if you're trying to demand too much perfection, that's actually
76 |75 |00:11:51 ~-~-> 00:12:00 |really good. That's a nice problem to have so much better to tolerate a uh, a
77 |76 |00:12:04 ~-~-> 00:12:09 |repeated phenomenon of you trying to do something that obviously is on the side
78 |77 |00:12:09 ~-~-> 00:12:15 |that means you're correct and where you think the marks on go, versus not
79 |78 |00:12:15 ~-~-> 00:12:18 |knowing what you're doing and always getting it wrong. So it's a little bit
80 |79 |00:12:18 ~-~-> 00:12:22 |more palatable. It's easier to sleep at night knowing that you're on the right
81 |80 |00:12:22 ~-~-> 00:12:27 |side generally. But I got people, you know, sending me emails and reaching out
82 |81 |00:12:27 ~-~-> 00:12:31 |to me through telegram and reaching out to me through trading view and reaching
83 |82 |00:12:31 ~-~-> 00:12:37 |out to me through personal text messages, which is that annoys me. I
84 |83 |00:12:37 ~-~-> 00:12:41 |told everybody I was gonna change my phone number last year when I got to
85 |84 |00:12:41 ~-~-> 00:12:46 |this year, and I haven't done it yet because they haven't made my way to do
86 |85 |00:12:46 ~-~-> 00:12:49 |it. But it's just too many people, they take it upon themselves to feel like
87 |86 |00:12:49 ~-~-> 00:12:53 |they can text me like we're best friends, and I generally don't like
88 |87 |00:12:53 ~-~-> 00:12:57 |that, unless I reached out to you or gave you permission. So we traded down
89 |88 |00:12:57 ~-~-> 00:13:02 |to the consequence of the WIC as we were looking for the only difference, and the
90 |89 |00:13:02 ~-~-> 00:13:06 |only the notable thing is, is we didn't trade up into the gap. We got real close
91 |90 |00:13:06 ~-~-> 00:13:13 |to it, within a ticks distance, within the delivery of price. Okay, so I want
92 |91 |00:13:13 ~-~-> 00:13:21 |you to screenshot that and make special notation in your journal how this is
93 |92 |00:13:21 ~-~-> 00:13:25 |what we were watching. You want to see if you could trade up into it. It did
94 |93 |00:13:25 ~-~-> 00:13:28 |not trade into it. But the idea of trading down to the consequent cursion,
95 |94 |00:13:28 ~-~-> 00:13:36 |or that wick, it was the draw that we saw Christ reach for. And now I want to
96 |95 |00:13:36 ~-~-> 00:13:36 |see,
97 |96 |00:13:39 ~-~-> 00:13:48 |do we keep it? I do we
98 |97 |00:13:48 ~-~-> 00:13:55 |have the ability to stay right there with the bodies, or do we explore to the
99 |98 |00:13:55 ~-~-> 00:13:59 |lower quadrant on that wick? Now, the wicks are going to be part of the
100 |99 |00:13:59 ~-~-> 00:14:03 |conversation today when it comes to turtle suit, as you'll see,
101 |100 |00:14:10 ~-~-> 00:14:17 |right? So here's the opening price on that wick all the way down. So we're
102 |101 |00:14:17 ~-~-> 00:14:22 |looking at the actual news candle. So at 830 there's going to be a lot of
103 |102 |00:14:23 ~-~-> 00:14:30 |inefficiencies in that individual candle, meaning that where we opened, it
104 |103 |00:14:30 ~-~-> 00:14:36 |ran down aggressively, real fast. And we'll look at that on a sub one minute
105 |104 |00:14:36 ~-~-> 00:14:43 |chart in a few minutes. But for now, this inefficiency where prices here, and
106 |105 |00:14:43 ~-~-> 00:14:50 |in a few moments, I watched it deliver this morning. It was wild. It was it
107 |106 |00:14:50 ~-~-> 00:14:54 |wicked, real fast. Went down there and did not spend much time at all, and
108 |107 |00:14:54 ~-~-> 00:14:58 |right back up into where we are here, in the body, and did its business going
109 |108 |00:14:58 ~-~-> 00:15:02 |into the clothes of that individual candle. For one minute, meaning that
110 |109 |00:15:02 ~-~-> 00:15:07 |there is inefficiencies all through this range, from the candles open to the low
111 |110 |00:15:07 ~-~-> 00:15:12 |and again, that'll make much more sense to you when I show you the less than one
112 |111 |00:15:12 ~-~-> 00:15:16 |minute charts. So in other words, the 32nd chart, the 15 second, five and one
113 |112 |00:15:16 ~-~-> 00:15:23 |second chart. But the first rule of engagement, whenever there's a wick,
114 |113 |00:15:23 ~-~-> 00:15:29 |whenever there's a wick, and if it's a swing high or swing low, that has my
115 |114 |00:15:29 ~-~-> 00:15:34 |interest. Obviously, this is where the damage was done. This morning. Anyone
116 |115 |00:15:34 ~-~-> 00:15:41 |that was long going into the 830 news driver, the high impact news, and maybe
117 |116 |00:15:41 ~-~-> 00:15:44 |we're holding on to the targets we were outlining yesterday, the new week,
118 |117 |00:15:44 ~-~-> 00:15:49 |opening gap on the July 28 we mentioned that yesterday as a continuation on the
119 |118 |00:15:49 ~-~-> 00:15:52 |outside, should it reach for further higher prices? This is one of those
120 |119 |00:15:52 ~-~-> 00:15:58 |levels it could reach for. But before it goes there, it trades aggressively,
121 |120 |00:15:58 ~-~-> 00:16:05 |drops down over 100 handles or so, and then eventually pegs that level. This
122 |121 |00:16:05 ~-~-> 00:16:14 |drop down is inefficient, but every single time there's a wick and it's part
123 |122 |00:16:14 ~-~-> 00:16:21 |of a swing high or swing low, that has any importance to me, technically, I'm
124 |123 |00:16:21 ~-~-> 00:16:27 |interested in having the consequent encroachment level annotated, as you can
125 |124 |00:16:27 ~-~-> 00:16:30 |see here. Now, I don't know where you're from. I don't know what school of
126 |125 |00:16:30 ~-~-> 00:16:35 |thought you're you're predominantly a part of I don't know if you're here
127 |126 |00:16:35 ~-~-> 00:16:38 |because you just had a member of curiosity. And you trade another
128 |127 |00:16:38 ~-~-> 00:16:48 |methodology, or if you trade the stuff I teach, but that to me, and turning like
129 |128 |00:16:48 ~-~-> 00:16:55 |that is significant, and it tends to happen all the time. This is a one
130 |129 |00:16:55 ~-~-> 00:17:05 |minute chart, so the question is, is, when you see that, does it invite you to
131 |130 |00:17:05 ~-~-> 00:17:09 |investigate more details around it? Because that's what it started to do
132 |131 |00:17:09 ~-~-> 00:17:13 |with me in the 90s. I was looking at these things happening, and I'm like,
133 |132 |00:17:14 ~-~-> 00:17:21 |Okay, it's probably gonna go down below that low well, sometimes it doesn't do
134 |133 |00:17:21 ~-~-> 00:17:26 |that. So I was going back through charts and looking at different time frames
135 |134 |00:17:26 ~-~-> 00:17:30 |using meta stock with my my software program back then, and I was using end
136 |135 |00:17:30 ~-~-> 00:17:35 |of day data. So I didn't have real time data, but I could, I could go down into
137 |136 |00:17:35 ~-~-> 00:17:40 |intraday charts, those it was part of an end to date package of data. So I would
138 |137 |00:17:40 ~-~-> 00:17:46 |look at hourly charts and 15 minute charts, and it would give me like an x
139 |138 |00:17:46 ~-~-> 00:17:50 |ray view of what took place in the previous day. So I compared, in
140 |139 |00:17:50 ~-~-> 00:17:52 |contrast, that what I was watching when I was driving around the truck
141 |140 |00:17:52 ~-~-> 00:17:58 |delivering candy, soda machine items, coffee machines, cold food machines.
142 |141 |00:17:58 ~-~-> 00:18:01 |That was what I was doing at the time when I was learning how to trade in the
143 |142 |00:18:01 ~-~-> 00:18:06 |90s. So I fixed and repaired and serviced the vending machines, and I had
144 |143 |00:18:06 ~-~-> 00:18:09 |this little device called, quote, truck. And if you've been around for a long
145 |144 |00:18:09 ~-~-> 00:18:12 |time like me, you know exactly what I'm talking about, but it was kind of a
146 |145 |00:18:12 ~-~-> 00:18:16 |little radio. It's about the size of a transistor radio, not as thick, but it
147 |146 |00:18:16 ~-~-> 00:18:23 |had a little extendable antenna, and it would give you data on any markets that
148 |147 |00:18:23 ~-~-> 00:18:27 |you subscribe to. CBOT says, your border, I'm sorry, Chicago Board trade,
149 |148 |00:18:28 ~-~-> 00:18:35 |Chicago Mercantile Exchange, any of the grain markets that would be on CBOT, I'd
150 |149 |00:18:35 ~-~-> 00:18:40 |be watching them. I'd watch the grain and the meat markets, and I would watch
151 |150 |00:18:40 ~-~-> 00:18:46 |the currency features, and eventually moved away from that, started watching
152 |151 |00:18:46 ~-~-> 00:18:53 |predominantly this, the bonds and then the s, p. So it would give me the
153 |152 |00:18:53 ~-~-> 00:18:58 |details that I would see these flashes in price action that would just be
154 |153 |00:18:58 ~-~-> 00:19:02 |numeric. They wouldn't, I would it doesn't give you a chart, or rather, it
155 |154 |00:19:02 ~-~-> 00:19:04 |did not give you a chart. The technology, really, I guess, wasn't
156 |155 |00:19:04 ~-~-> 00:19:08 |there yet. So they just gave you the raw data, which was the highest high and the
157 |156 |00:19:08 ~-~-> 00:19:11 |lowest low, and where you're at in the volume. And I've said this before, so
158 |157 |00:19:11 ~-~-> 00:19:15 |it's kind of like redundant for something around long enough. That was
159 |158 |00:19:15 ~-~-> 00:19:19 |what I was doing when I was away, where we have a smartphone today. So if I'm
160 |159 |00:19:19 ~-~-> 00:19:22 |out and about, or if you're out and about, you're not in your trade room or
161 |160 |00:19:22 ~-~-> 00:19:27 |office, you can see what the charts are showing and where the price has been and
162 |161 |00:19:27 ~-~-> 00:19:30 |where it's probably going to reach for because you can see it visually. So I
163 |162 |00:19:30 ~-~-> 00:19:37 |was kind of handicapped initially. So when I saw big runs take off, I would
164 |163 |00:19:37 ~-~-> 00:19:42 |write down, usually on a paper towel that I would use to wipe down the inside
165 |164 |00:19:42 ~-~-> 00:19:47 |of my windshield or whatever it was you should have saw this. It was wild. I was
166 |165 |00:19:47 ~-~-> 00:19:50 |not organized in the beginning, because my my job and keeping my job was the
167 |166 |00:19:50 ~-~-> 00:19:54 |most important thing. But I was still trying to manage all this stuff and
168 |167 |00:19:54 ~-~-> 00:19:59 |watch it real time, the closest thing I can be tapped into this and when I would
169 |168 |00:19:59 ~-~-> 00:20:05 |see price runs start. Taking off, and I'd be okay. It's occurring right now at
170 |169 |00:20:06 ~-~-> 00:20:14 |1049 Okay, or 936 and I'd write the time when I noticed it by the numeric run in
171 |170 |00:20:14 ~-~-> 00:20:18 |price summers, when it started taking off. I didn't have any visual
172 |171 |00:20:18 ~-~-> 00:20:23 |representation of that, except for, I know I saw a price print numerically. I
173 |172 |00:20:23 ~-~-> 00:20:28 |mean, in other words, it would say this price here, 19,000 zero, 48 in the
174 |173 |00:20:28 ~-~-> 00:20:35 |quarter, and it would fluctuate as it's moving here. So if I see these runs, I
175 |174 |00:20:35 ~-~-> 00:20:38 |make a notation, or made a notation. And when I got home in the evening time
176 |175 |00:20:39 ~-~-> 00:20:43 |after working out, getting a shower, eating, and then the rest of them, I I'd
177 |176 |00:20:43 ~-~-> 00:20:47 |be not in the charts, constantly pouring into it and trying to look for these
178 |177 |00:20:47 ~-~-> 00:20:51 |types of things. What made that run like that? And I would see certain things,
179 |178 |00:20:51 ~-~-> 00:20:54 |and sometimes, not all the time. Sometimes there would be these long
180 |179 |00:20:54 ~-~-> 00:20:59 |wicks. Now this is exaggerated because it's a high impact news driver. It goes
181 |180 |00:21:00 ~-~-> 00:21:06 |goes without saying that ppi, CPI, FOMC, non farm, payroll, those types of
182 |181 |00:21:06 ~-~-> 00:21:11 |reports or those types of data points that are released in the marketplace can
183 |182 |00:21:11 ~-~-> 00:21:18 |create that formation of this type of move. When it creates this and it starts
184 |183 |00:21:18 ~-~-> 00:21:24 |to rally up. I've never seen anybody, and I have over 2000 books. I've never
185 |184 |00:21:24 ~-~-> 00:21:28 |seen anybody make reference to anything about going back into the middle of the
186 |185 |00:21:28 ~-~-> 00:21:32 |of this wick, or break it up in the quadrants and use it for the purposes of
187 |186 |00:21:33 ~-~-> 00:21:39 |for reversal patterns, or short term trading, or anticipating it, returning
188 |187 |00:21:39 ~-~-> 00:21:45 |back to it for the sake of a target. Okay, so it was exciting for me to see
189 |188 |00:21:45 ~-~-> 00:21:50 |it, and as you watch this one pan out here, you know, from here to here, that
190 |189 |00:21:50 ~-~-> 00:21:56 |was the observation. So Caleb, when you when you see this, I want you to
191 |190 |00:21:56 ~-~-> 00:22:00 |annotate how it did not trade up into the opportunity for you to get filled,
192 |191 |00:22:01 ~-~-> 00:22:06 |but it's still ran. And then I want to see what your your description of that
193 |192 |00:22:06 ~-~-> 00:22:10 |run is in your own terms. I don't want to say anything more, but I want to, I
194 |193 |00:22:10 ~-~-> 00:22:14 |want to kind of correct it if it's not what I think is appropriate, and if it's
195 |194 |00:22:14 ~-~-> 00:22:19 |right, or if it's in the right perspective, then obviously I'll, I'll
196 |195 |00:22:19 ~-~-> 00:22:23 |come in you for it. But the market trades back up. What's it trade back up?
197 |196 |00:22:23 ~-~-> 00:22:27 |Remember, I told you what this line was. If you missed it, if you came to the
198 |197 |00:22:27 ~-~-> 00:22:32 |stream later, you just signed into it yesterday, at 5pm when we closed the
199 |198 |00:22:32 ~-~-> 00:22:36 |settlement price, and then when we opened up at 6pm there's no difference
200 |199 |00:22:36 ~-~-> 00:22:42 |in between these two prices. So there's no gap. So all I do is annotate that
201 |200 |00:22:42 ~-~-> 00:22:47 |price, because it'll still refer to it. As you can see, we trade back up in what
202 |201 |00:22:48 ~-~-> 00:22:53 |is it trading into? Also, what other Confluence is there? Look close. There's
203 |202 |00:22:53 ~-~-> 00:22:54 |two other things there. I
204 |203 |00:23:07 ~-~-> 00:23:13 |you have that gap, and then you have what I'm discussing here. Whenever you
205 |204 |00:23:13 ~-~-> 00:23:18 |have wicks, you want to measure that. Okay, here's the halfway point or
206 |205 |00:23:18 ~-~-> 00:23:22 |consequent encroachment. This wick is allowed to go through it. Why? Because
207 |206 |00:23:22 ~-~-> 00:23:27 |you have a fair value gap. But then look at this one here. What's the high that
208 |207 |00:23:27 ~-~-> 00:23:30 |you're going to look right over here. Look up and upper left hand corner.
209 |208 |00:23:31 ~-~-> 00:23:38 |What's the high of that candle? Right there, 19,000 09, 6.50 that's exactly
210 |209 |00:23:38 ~-~-> 00:23:43 |the consequence, encroachment level of that wick you're going to tell me that
211 |210 |00:23:43 ~-~-> 00:23:45 |that's buying and selling pressure.
212 |211 |00:23:47 ~-~-> 00:23:49 |Yeah. So
213 |212 |00:23:50 ~-~-> 00:23:56 |when you're looking for entry patterns, when you're looking for targets for for
214 |213 |00:23:56 ~-~-> 00:24:01 |limiting out on partials or terminus, here's your three quarter level, treat
215 |214 |00:24:01 ~-~-> 00:24:08 |it to now, because of this, I want to see it respect this up close candle. In
216 |215 |00:24:08 ~-~-> 00:24:11 |other words, don't, don't trade above it. It can come back and touch it again.
217 |216 |00:24:11 ~-~-> 00:24:15 |It's better if it doesn't leave a little portion here. But I want to see it to
218 |217 |00:24:15 ~-~-> 00:24:21 |explore now, below this 830 news driver, that's what I like to see. But here,
219 |218 |00:24:22 ~-~-> 00:24:27 |this wick trades up to cutting through candles, because it's not supply and
220 |219 |00:24:27 ~-~-> 00:24:31 |demand. We go right back to this wick right here. That candles high to the
221 |220 |00:24:31 ~-~-> 00:24:38 |tick, to the tick gives us the actual high that you can anticipate as it's
222 |221 |00:24:38 ~-~-> 00:24:42 |returning back into here. Why should that be reasonable? Two things. Number
223 |222 |00:24:42 ~-~-> 00:24:50 |one, you have this wick here. Bear with me. I have to put the lipstick on this
224 |223 |00:24:50 ~-~-> 00:25:04 |chart. Just show you what I want to see illustrated when I was, uh. I What else
225 |224 |00:25:05 ~-~-> 00:25:07 |working on this information,
226 |225 |00:25:12 ~-~-> 00:25:16 |figuring it all out, codifying everything and discovering a lot of
227 |226 |00:25:16 ~-~-> 00:25:18 |things that really wasn't in my books.
228 |227 |00:25:22 ~-~-> 00:25:26 |No, just
229 |228 |00:25:26 ~-~-> 00:25:28 |draw a line here it's disappearing.
230 |229 |00:25:37 ~-~-> 00:25:42 |Oh, I know what I did. I have the color
231 |230 |00:25:51 ~-~-> 00:25:56 |so that's going to go on that candle there, and it needs to go to the
232 |231 |00:25:58 ~-~-> 00:25:58 |50 level,
233 |232 |00:26:00 ~-~-> 00:26:09 |9650, 9696 50. So now I can take that off, and you can see that that's
234 |233 |00:26:09 ~-~-> 00:26:12 |anchored to here. So this is what you want to be doing, Caleb, you don't want
235 |234 |00:26:12 ~-~-> 00:26:15 |to be leaving your fibonaccis on top of the wicks, because it'll clutter up your
236 |235 |00:26:15 ~-~-> 00:26:19 |chart. It'll make me angry. And it's also you just don't want to have all the
237 |236 |00:26:19 ~-~-> 00:26:24 |information on it, since it's not important to have all that some people
238 |237 |00:26:24 ~-~-> 00:26:29 |are like, still trying to put my stuff on there. Social media doesn't pretend
239 |238 |00:26:29 ~-~-> 00:26:32 |that they're me. So we have this wick here.
240 |239 |00:26:34 ~-~-> 00:26:35 |We have this gap.
241 |240 |00:26:36 ~-~-> 00:26:41 |It trades up to there, and also what's to the left of this candle, the one that
242 |241 |00:26:41 ~-~-> 00:26:48 |trades in the fair value gap, right? So isn't there a wick on this candle? Sure
243 |242 |00:26:48 ~-~-> 00:26:49 |it is.
244 |243 |00:26:57 ~-~-> 00:27:04 |So we have this wick on this candle inside of this fair value gap, and this
245 |244 |00:27:04 ~-~-> 00:27:08 |wick here. So when price was trading off of this target we were looking for, and
246 |245 |00:27:08 ~-~-> 00:27:12 |it rebounded off that came back up into the fair value gap, it's reasonable for
247 |246 |00:27:12 ~-~-> 00:27:15 |it to go up to the fair value gap high, which is this candles low,
248 |247 |00:27:17 ~-~-> 00:27:18 |this,
249 |248 |00:27:20 ~-~-> 00:27:26 |sorry, this price right there on that wick. That's a it's a premium array,
250 |249 |00:27:26 ~-~-> 00:27:31 |because you're trading back up to it. You extend that through, it's part of
251 |250 |00:27:31 ~-~-> 00:27:36 |the fair value gap. And then next candle trades up and touches it. We do not want
252 |251 |00:27:36 ~-~-> 00:27:43 |to see this is important. We do not want to see if it's going to be bearish. We
253 |252 |00:27:43 ~-~-> 00:27:48 |don't want to see that consequent occurring, that wick, once it's traded
254 |253 |00:27:48 ~-~-> 00:27:52 |to here, once it trades back up to it, there, we have this fair value gap that
255 |254 |00:27:52 ~-~-> 00:27:57 |should send price lower or kind of keep it at bay, not trading it higher. So if
256 |255 |00:27:57 ~-~-> 00:28:04 |this candle trading back up to it, we are trusting the logic around this
257 |256 |00:28:04 ~-~-> 00:28:08 |phenomenon, saying that it's already done to work a trading to the high of
258 |257 |00:28:08 ~-~-> 00:28:11 |the fair value gap, so half of the fair value got
259 |258 |00:28:14 ~-~-> 00:28:15 |Let's look at that.
260 |259 |00:28:20 ~-~-> 00:28:26 |Let's see it in here. It doesn't trade there. Notice that on this candle, it
261 |260 |00:28:26 ~-~-> 00:28:31 |does not trade there. Is that a good thing or I was a bad thing? Think about
262 |261 |00:28:31 ~-~-> 00:28:35 |what I've taught you in this mentorship. I taught you that PD arrays very
263 |262 |00:28:35 ~-~-> 00:28:40 |specific levels that we're looking for if they fail to be printed to if they
264 |263 |00:28:40 ~-~-> 00:28:46 |can't even return back to them, and you have a directional bias in in concert
265 |264 |00:28:46 ~-~-> 00:28:50 |with that level you're studying, if it can't go there, that means it's
266 |265 |00:28:50 ~-~-> 00:28:55 |decidedly weak. And when you're bearish, that's a signature you want to see. But
267 |266 |00:28:57 ~-~-> 00:29:00 |because we have this area over here, and because I'm not trading support and
268 |267 |00:29:00 ~-~-> 00:29:03 |resistance. The Support and Resistance fellows would have been like, Okay,
269 |268 |00:29:03 ~-~-> 00:29:06 |here's where we stopped. So let's draw that line out in time. Well, we went, we
270 |269 |00:29:06 ~-~-> 00:29:13 |missed that, to some random Up, Up Up Close candle, and created the wick,
271 |270 |00:29:13 ~-~-> 00:29:16 |something random. We don't know why it went there, right? Support Resistance
272 |271 |00:29:16 ~-~-> 00:29:21 |folks don't have any idea why it did that, but you're learning it. It's this
273 |272 |00:29:21 ~-~-> 00:29:27 |wick here. It trades up to it completes and fulfills the role of buy side
274 |273 |00:29:27 ~-~-> 00:29:32 |delivery, which was inefficient on this candle. So the market is offered single
275 |274 |00:29:32 ~-~-> 00:29:36 |pass to the downside. So it's a sell side delivery. That means price is going
276 |275 |00:29:36 ~-~-> 00:29:44 |lower, then it comes back up to RE deliver, the inefficiency in this time
277 |276 |00:29:44 ~-~-> 00:29:50 |of that one candle, what was it inefficient on delivery to the upside.
278 |277 |00:29:50 ~-~-> 00:29:56 |So buy side delivery, it offers it stops to the tick and then drops down the next
279 |278 |00:29:56 ~-~-> 00:30:01 |candle. If you're looking for support, I'm sorry. Looking for swing highs and
280 |279 |00:30:01 ~-~-> 00:30:07 |swing lows. You want to see it trade up into levels like this. It should hit
281 |280 |00:30:07 ~-~-> 00:30:13 |that and stop. And also failed trade to half of that fair value gap. That's a
282 |281 |00:30:13 ~-~-> 00:30:17 |failure to get to concent encroachment. We've already fulfilled three factors
283 |282 |00:30:17 ~-~-> 00:30:23 |here. We traded up to finish in filling out this candle is low to the difference
284 |283 |00:30:23 ~-~-> 00:30:26 |of this candle high, which is that fair Bay gap right there. That's a city sell
285 |284 |00:30:26 ~-~-> 00:30:32 |side and balance by sudden efficiency, we trade back to the 6pm opening price.
286 |285 |00:30:35 ~-~-> 00:30:40 |Why is that important? Because there's no gap between Friday the 5pm closed
287 |286 |00:30:40 ~-~-> 00:30:43 |settlement price and where we started trading for NQ. So because there's no
288 |287 |00:30:43 ~-~-> 00:30:48 |gap, we just simply use a 6pm opening price. I told you when we were up here
289 |288 |00:30:48 ~-~-> 00:30:51 |you're going to have on your chart, because it's going to be treated the
290 |289 |00:30:51 ~-~-> 00:30:54 |same way. It'll trade through it and come back and treat it as a key level.
291 |290 |00:30:55 ~-~-> 00:30:59 |It trades through it on a wick, which is reasonable, because we're inside the
292 |291 |00:30:59 ~-~-> 00:31:04 |spare value gap. But this level here, when we traded back up to it, notice
293 |292 |00:31:04 ~-~-> 00:31:11 |that the bodies in the candles do not trade and close above that wick.
294 |293 |00:31:11 ~-~-> 00:31:18 |Consequence, see that it's telling you that this candle backed off. So that
295 |294 |00:31:18 ~-~-> 00:31:21 |means when I see something like that, I'm looking for the immediate next
296 |295 |00:31:21 ~-~-> 00:31:28 |candle to do a lower high than this high. And I can reframe everything on
297 |296 |00:31:28 ~-~-> 00:31:32 |that fair value gap and where that consequent encroachment is on that wick.
298 |297 |00:31:32 ~-~-> 00:31:35 |If it's there. You may not have a wick over here, then you would just simply go
299 |298 |00:31:35 ~-~-> 00:31:40 |into the details of simply using the 6pm opening price, which is this dashed
300 |299 |00:31:40 ~-~-> 00:31:43 |line, and the consequent encroachment of that fair value gap. So in other words,
301 |300 |00:31:43 ~-~-> 00:31:48 |if this wasn't here, I would expect this to trade up to midpoint of the fair
302 |301 |00:31:48 ~-~-> 00:31:53 |value gap. But if it doesn't, and it trades down lower, I'll simply just go
303 |302 |00:31:53 ~-~-> 00:31:58 |in short on the open and touching back this body right here, as it does there.
304 |303 |00:32:00 ~-~-> 00:32:04 |So and that could be easily done on a 15 second chart, a 32nd chart, a five
305 |304 |00:32:04 ~-~-> 00:32:08 |second chart, you'd see a little bit more detail in that difference between
306 |305 |00:32:08 ~-~-> 00:32:12 |where we closed on this one minute candle to where we open there. And I
307 |306 |00:32:12 ~-~-> 00:32:16 |know some of you because you're you're leaving comments saying that you don't
308 |307 |00:32:16 ~-~-> 00:32:22 |have the ability to afford the real time data. I gotta be honest with you, at
309 |308 |00:32:22 ~-~-> 00:32:25 |some degree, you're going to have to do that if you're going to trade. You have
310 |309 |00:32:25 ~-~-> 00:32:30 |to have the information. And I don't know how to say it any nicer than if you
311 |310 |00:32:30 ~-~-> 00:32:34 |can't afford data and watching Real Time price action. A lot of the things I'm
312 |311 |00:32:34 ~-~-> 00:32:37 |teaching are going to just simply be outside your grasp, and you're going to
313 |312 |00:32:37 ~-~-> 00:32:40 |have to use a hard time frame premise. And there's nothing wrong with that. It
314 |313 |00:32:40 ~-~-> 00:32:44 |just means that you're going to have to defer these very small intraday price
315 |314 |00:32:44 ~-~-> 00:32:49 |action moves. But all the things I'm teaching here, this could simply just be
316 |315 |00:32:49 ~-~-> 00:32:53 |a daily chart, in other words, every instead of one minute candlesticks, and
317 |316 |00:32:53 ~-~-> 00:32:57 |this representing the highest high, the lowest low, and where it started and
318 |317 |00:32:57 ~-~-> 00:33:01 |ended trading for that one minute interval, these could represent a daily
319 |318 |00:33:02 ~-~-> 00:33:05 |high, low and open and close for the day. It's the same stuff. It's nice.
320 |319 |00:33:05 ~-~-> 00:33:09 |Don't, don't think it only works on one minute charts or intricate charts. It's
321 |320 |00:33:09 ~-~-> 00:33:14 |that's not it. These levels will be referred to on any and every time frame.
322 |321 |00:33:15 ~-~-> 00:33:20 |If I was watching price over nq, and we had the time frame set to four hour
323 |322 |00:33:20 ~-~-> 00:33:26 |chart price right now, at 4175 is the same price. You'd see it on a four hour
324 |323 |00:33:26 ~-~-> 00:33:31 |chart. Price is price. But if you're looking for details, for precision, you
325 |324 |00:33:31 ~-~-> 00:33:37 |want to look for very sensitive timing, so it gets you into a trade and or
326 |325 |00:33:37 ~-~-> 00:33:42 |reduce the measure of risk. You're always going to have risk, but you can
327 |326 |00:33:42 ~-~-> 00:33:46 |reduce the risk and manage it appropriately by having intraday charts,
328 |327 |00:33:46 ~-~-> 00:33:51 |because you can see, you can see details in price action that otherwise you're
329 |328 |00:33:51 ~-~-> 00:33:55 |not aware of. Okay? And that's kind of like why I was tapping into the memory
330 |329 |00:33:55 ~-~-> 00:34:00 |of how it was for me when I was driving around in a Suzu cargo truck, you know,
331 |330 |00:34:00 ~-~-> 00:34:06 |delivering cane soda cakes and chips and coffee products and cold food and ice
332 |331 |00:34:06 ~-~-> 00:34:14 |creams. I was looking at just simply data, and I had to, later on, go back in
333 |332 |00:34:14 ~-~-> 00:34:18 |and remember, well, my notations as I was driving. Sometimes I missed it, and
334 |333 |00:34:18 ~-~-> 00:34:22 |I had to figure out, okay, well, I was in traffic. I'm trying to get around
335 |334 |00:34:22 ~-~-> 00:34:26 |this guy or get around that part of town, and I couldn't look at the data,
336 |335 |00:34:26 ~-~-> 00:34:29 |even though it's right in front of me, duct taped on my windshield. So it was
337 |336 |00:34:29 ~-~-> 00:34:34 |like a hillbilly version of a ICT, right? I mean, you're all impressed with
338 |337 |00:34:34 ~-~-> 00:34:39 |the NASA spread out of all my monitors and stuff I shared on YouTube. But back
339 |338 |00:34:39 ~-~-> 00:34:43 |then, I didn't start like that. I had, literally, like this little transistor
340 |339 |00:34:43 ~-~-> 00:34:48 |radio type thing, physically duct tape to make sure it stayed in my view and it
341 |340 |00:34:48 ~-~-> 00:34:53 |wouldn't fall and break. But I had to take the notations and say, Okay, I
342 |341 |00:34:53 ~-~-> 00:34:56 |don't know when it started taking that run because I wasn't watching it. I'm
343 |342 |00:34:56 ~-~-> 00:34:59 |driving still, which isn't safe. I'm not recommending this at all for anybody,
344 |343 |00:34:59 ~-~-> 00:35:04 |but. But I was the original, you know, driver being distracted by cell phone,
345 |344 |00:35:04 ~-~-> 00:35:08 |because that was like the equivalent of a smartphone today back then. So I was
346 |345 |00:35:08 ~-~-> 00:35:13 |more interested riding over the Key Bridge, watching those numbers than
347 |346 |00:35:13 ~-~-> 00:35:18 |watching anything else. And look at the response right off of that level there.
348 |347 |00:35:19 ~-~-> 00:35:25 |See that in that nice, just that alone, that one single pass like this, that was
349 |348 |00:35:25 ~-~-> 00:35:30 |enough to draw my interest into seeing what's what's, what's going on. There is
350 |349 |00:35:30 ~-~-> 00:35:34 |it repeating, and I'd go through data and I'd see it again and again and again
351 |350 |00:35:34 ~-~-> 00:35:44 |and again, and it caused a an obsessive compulsive desire to figure out what was
352 |351 |00:35:44 ~-~-> 00:35:49 |repeating there. And then, when I go back through price action, I would see
353 |352 |00:35:49 ~-~-> 00:35:53 |all these little details, okay, and then say, Okay, this is what's this is what's
354 |353 |00:35:53 ~-~-> 00:35:58 |occurring at this time. This is what's occurring at this time on that day. And
355 |354 |00:35:58 ~-~-> 00:36:02 |then, if we had a big news driver, which I didn't understand too much initially,
356 |355 |00:36:02 ~-~-> 00:36:05 |when I first started trading, like I didn't care or even worry about an
357 |356 |00:36:05 ~-~-> 00:36:09 |account counter, so when I was in there trying to trade if there was ever a
358 |357 |00:36:09 ~-~-> 00:36:13 |grain report that came out, or if they were, if I was trading credible, and I
359 |358 |00:36:13 ~-~-> 00:36:19 |didn't look at the inventory numbers that come out, like around 1030 New York
360 |359 |00:36:19 ~-~-> 00:36:22 |local time in the market would create these moves. And I think, Whoa, where
361 |360 |00:36:22 ~-~-> 00:36:25 |the hell that come from? Because I didn't have any understanding about an
362 |361 |00:36:25 ~-~-> 00:36:30 |economic encounter. So I started way too soon with money, and I didn't know what
363 |362 |00:36:30 ~-~-> 00:36:35 |I was doing. And back then, I was like a cowboy. I just gun sling. It's all, it's
364 |363 |00:36:35 ~-~-> 00:36:40 |all I wanted to do is be a part of it, thinking, which is what I have taught
365 |364 |00:36:40 ~-~-> 00:36:44 |against now, because I did that stuff, I tried to learn how to do it with real
366 |365 |00:36:44 ~-~-> 00:36:47 |money, and it caused all kinds of problems, and it slowed my growth. But
367 |366 |00:36:49 ~-~-> 00:36:54 |when we're looking for these wicks, okay, wicks are going to give you so
368 |367 |00:36:54 ~-~-> 00:37:01 |much more detail if you are using them in proper context. Okay, so I'm watching
369 |368 |00:37:01 ~-~-> 00:37:05 |this as I'm talking. I'm looking at this little gap in here. Does it overtake it,
370 |369 |00:37:05 ~-~-> 00:37:11 |come back down tree to support or is it respect it, and then roll over and take
371 |370 |00:37:11 ~-~-> 00:37:15 |out the relative equal loads it's formed here, and then explore the lows at 830
372 |371 |00:37:16 ~-~-> 00:37:24 |but the if I'm looking for turns, okay, when I learned about swing highs and
373 |372 |00:37:24 ~-~-> 00:37:25 |swing lows,
374 |373 |00:37:26 ~-~-> 00:37:30 |we learned them as ring highs and ring lows. Okay, we didn't call them swing
375 |374 |00:37:30 ~-~-> 00:37:33 |highs and swing lows. And the reason why is because, you know, you would simply
376 |375 |00:37:33 ~-~-> 00:37:38 |print your charts out, or not print them out, that you would literally draw them
377 |376 |00:37:38 ~-~-> 00:37:44 |out. So back when I was learning how to trade, we had a service called price
378 |377 |00:37:44 ~-~-> 00:37:51 |charts, and they would mail you one set of price charts for the week, and then
379 |378 |00:37:52 ~-~-> 00:37:57 |you would take the opening price, the high, the low and the close, and you
380 |379 |00:37:57 ~-~-> 00:38:00 |would draw them physically on the chart, because it would give you room. That's
381 |380 |00:38:00 ~-~-> 00:38:05 |the way I learned how to do this stuff. And you have no idea the advantages of
382 |381 |00:38:05 ~-~-> 00:38:09 |what you're learning and how fast you're learning it, because 99% of you would
383 |382 |00:38:09 ~-~-> 00:38:13 |have never stuck with it if it was like that. They need to think of it and being
384 |383 |00:38:13 ~-~-> 00:38:17 |described like that, you're probably thinking, There's no way. There's no
385 |384 |00:38:17 ~-~-> 00:38:22 |way, but everybody that's 30 years or more in trading. That's the way it was.
386 |385 |00:38:23 ~-~-> 00:38:28 |Like that, that's, that's the way it was. I mean, people, you know, we
387 |386 |00:38:28 ~-~-> 00:38:32 |watched, I watched my generation. We watched things become computerized. I
388 |387 |00:38:32 ~-~-> 00:38:38 |watched electronic trading. I was part of that last generation of old school
389 |388 |00:38:39 ~-~-> 00:38:46 |OGS, where price charting was done by hand, every individual candle, and the
390 |389 |00:38:46 ~-~-> 00:38:52 |only thing you did that with was on a daily chart. See that little run right
391 |390 |00:38:53 ~-~-> 00:38:59 |there. You have to have favorite gap trades up into it plummets, and the
392 |391 |00:38:59 ~-~-> 00:39:03 |interest is below that low. So if it does this, we want to see a big again,
393 |392 |00:39:03 ~-~-> 00:39:09 |we see a big handle like that expand lower. So the it's gonna be fun watching
394 |393 |00:39:09 ~-~-> 00:39:13 |somebody knows what we're talking about in an interesting so it's there at the
395 |394 |00:39:13 ~-~-> 00:39:17 |chart, not knowing what's gonna do the but I'm also giving all kinds of
396 |395 |00:39:17 ~-~-> 00:39:25 |information that are just to just gold. Because this information if you look for
397 |396 |00:39:25 ~-~-> 00:39:29 |swing highs and swing lows, which is what we called a ring high in a ring
398 |397 |00:39:29 ~-~-> 00:39:34 |low, because, for instance, like this little candlestick high, it has a lower
399 |398 |00:39:34 ~-~-> 00:39:39 |high to the left of it. Here, a high that's lower to the right of it than
400 |399 |00:39:39 ~-~-> 00:39:42 |that one. So notice we have a candle that has a high that has a lower high to
401 |400 |00:39:42 ~-~-> 00:39:47 |the left and a lower high to the right. So we call that a swing high. But on my
402 |401 |00:39:47 ~-~-> 00:39:51 |chart, if this was a daily chart, I would put a little circle or a ring
403 |402 |00:39:51 ~-~-> 00:39:55 |right above that. So that way, when I looked at my charts, I could map out
404 |403 |00:39:55 ~-~-> 00:39:59 |market structure. I could see where we walk, where we are, in deference to you.
405 |404 |00:40:00 ~-~-> 00:40:04 |Previous swing highs and swing lows. And if I start seeing swing highs that are
406 |405 |00:40:04 ~-~-> 00:40:10 |forming that are lower than a cluster of swing highs further back then, I know
407 |406 |00:40:10 ~-~-> 00:40:14 |I'm probably part of an intermediate term price run, which is kind of like
408 |407 |00:40:14 ~-~-> 00:40:17 |what I was hinting at here with going all this business here. We talked about
409 |408 |00:40:17 ~-~-> 00:40:22 |it trading down to the midpoint when it was here. We were focusing there,
410 |409 |00:40:22 ~-~-> 00:40:26 |because we're looking for too much of a precision element. Here's where you
411 |410 |00:40:26 ~-~-> 00:40:29 |would have failed using an entry you would not have been filled but the
412 |411 |00:40:29 ~-~-> 00:40:33 |market runs with you. Okay, if you couldn't get in there, then you can use
413 |412 |00:40:33 ~-~-> 00:40:39 |this. You see that, okay, say you couldn't get in here, but then you have
414 |413 |00:40:39 ~-~-> 00:40:44 |the market come back up and trade into this candlestick here. We don't want to
415 |414 |00:40:44 ~-~-> 00:40:50 |see a trade above that candle. There was a gap here, but it trades all the way
416 |415 |00:40:50 ~-~-> 00:40:55 |back up, but it does not take out the high. See that trades right back to what
417 |416 |00:40:57 ~-~-> 00:41:02 |consequent crochet that wick I talked about at 830 this could be your entry.
418 |417 |00:41:05 ~-~-> 00:41:11 |This could be your entry. What? Let me test your memory and see if you kept
419 |418 |00:41:11 ~-~-> 00:41:17 |good notes. What is this candlestick providing you? In terms of an entry
420 |419 |00:41:17 ~-~-> 00:41:20 |mechanism? I talked about it yesterday. I talked about it a lot, if you've been
421 |420 |00:41:20 ~-~-> 00:41:25 |my student for a while, but this candle right here, what? What is this candle?
422 |421 |00:41:26 ~-~-> 00:41:32 |When it traded there like that? What is that referred to? I'll give you a sip of
423 |422 |00:41:32 ~-~-> 00:41:39 |mine, I think, a sip of my water. Institutional, order, flow, entry,
424 |423 |00:41:39 ~-~-> 00:41:45 |drill, very, very, very long winded name, okay? And you're probably saying,
425 |424 |00:41:45 ~-~-> 00:41:52 |Why did you name it that? When I teach students how to trade in efficiencies
426 |425 |00:41:52 ~-~-> 00:41:58 |and price action and fair value gaps, when you have a a price run, okay, once
427 |426 |00:41:58 ~-~-> 00:42:04 |it enters a significant and obvious sell side program or sell program, and it's
428 |427 |00:42:04 ~-~-> 00:42:08 |sell side delivery that means the market simply just moving lower. Okay, there's
429 |428 |00:42:08 ~-~-> 00:42:15 |there's characteristics, there's identifications that I use. And
430 |429 |00:42:15 ~-~-> 00:42:19 |sometimes when I'll say those, you'll hear me say, okay, sell side delivery.
431 |430 |00:42:19 ~-~-> 00:42:25 |You're thinking sell side liquidity or sell stops. That's not what this is.
432 |431 |00:42:25 ~-~-> 00:42:30 |Sell side delivery is a sell program where the market is going through the
433 |432 |00:42:30 ~-~-> 00:42:34 |motions of delivering lower prices, and it doesn't matter how many people's
434 |433 |00:42:34 ~-~-> 00:42:38 |buying, doesn't matter how many people are selling, it's just algorithmically
435 |434 |00:42:38 ~-~-> 00:42:43 |spooling in a direction. And if it's sell side delivery, it's going lower for
436 |435 |00:42:43 ~-~-> 00:42:47 |the Express purposes of delivering lower prices. And it matters not how much
437 |436 |00:42:47 ~-~-> 00:42:51 |buying and selling pressure is there, okay, but when I teach, and when I
438 |437 |00:42:51 ~-~-> 00:42:55 |taught students using these inefficiencies, we outlined, when we
439 |438 |00:42:55 ~-~-> 00:43:00 |were up here, that we first want to see a trade there. And then we talked about
440 |439 |00:43:00 ~-~-> 00:43:04 |all business in here. And then we talked about going next target was the lower
441 |440 |00:43:04 ~-~-> 00:43:07 |quadrant, which is there. This is not quarters theories, by the way. Quarters
442 |441 |00:43:07 ~-~-> 00:43:10 |theories is a bunch of bullshit. So I'm going to say it and stop asking me the
443 |442 |00:43:10 ~-~-> 00:43:13 |comment section. I'm sure there's some very nice people out there, and they
444 |443 |00:43:13 ~-~-> 00:43:17 |have their their faith based ideas around it, but it's absolutely
445 |444 |00:43:17 ~-~-> 00:43:21 |horseshit. So just know that that's my opinion. Please stop asking me about it.
446 |445 |00:43:21 ~-~-> 00:43:24 |The The low is the next target. Why? Because there's the liquidity resting
447 |446 |00:43:24 ~-~-> 00:43:31 |below. So that's sell side liquidity. The motion from here to here that run
448 |447 |00:43:31 ~-~-> 00:43:38 |right there. That's sell side delivery. This high down to this lower quadrant is
449 |448 |00:43:38 ~-~-> 00:43:41 |sell side delivery. It's delivering lower prices, and then the up close
450 |449 |00:43:42 ~-~-> 00:43:46 |candle said we didn't want to see it go above that. In case you're wondering,
451 |450 |00:43:48 ~-~-> 00:43:55 |here's the high did we trade above it? No. Okay, so having order block theory,
452 |451 |00:43:55 ~-~-> 00:43:58 |having fair value gap theory, having market structure theory, having
453 |452 |00:43:58 ~-~-> 00:44:02 |institutional order flow theory, real institutional order, flow. Do you see
454 |453 |00:44:02 ~-~-> 00:44:06 |any depth of market over here? Do you see any horizontal volume, things that
455 |454 |00:44:06 ~-~-> 00:44:11 |make it look like I'm technically advanced? No, you don't need that. All
456 |455 |00:44:11 ~-~-> 00:44:18 |you need to know is, where, where is the mark? Okay, who, who in the room is the
457 |456 |00:44:18 ~-~-> 00:44:22 |mark? Who's the victim? Because if you can, if you can determine who the victim
458 |457 |00:44:22 ~-~-> 00:44:30 |is in the room, you know who's about to fall, who's who's going to get something
459 |458 |00:44:30 ~-~-> 00:44:37 |they ain't wanting. Okay, if you can't identify the victim in the room and
460 |459 |00:44:37 ~-~-> 00:44:41 |something's about to go down, you're the mark. The same thing happens in the
461 |460 |00:44:41 ~-~-> 00:44:45 |marketplace. If you can't determine the liquidity that's about to be absorbed,
462 |461 |00:44:46 ~-~-> 00:44:53 |engaged, taken out, you're the liquidity you're going to be used as the cannon
463 |462 |00:44:53 ~-~-> 00:44:54 |fodder for someone else's trade, like money.
464 |463 |00:44:55 ~-~-> 00:44:56 |Okay, so
465 |464 |00:44:58 ~-~-> 00:45:04 |this is sell side with. Covid, yeah. But the way my son needs to start looking at
466 |465 |00:45:04 ~-~-> 00:45:10 |these runs from seeing this to this target, there has to be something
467 |466 |00:45:10 ~-~-> 00:45:14 |measurable. Well, that clearly it's immeasurable, and you don't have to be
468 |467 |00:45:14 ~-~-> 00:45:17 |in that trade there. There's, there's lots of trades here for my career where
469 |468 |00:45:18 ~-~-> 00:45:26 |I could have got in at the highest tick, but it wouldn't afford me to fill even
470 |469 |00:45:26 ~-~-> 00:45:31 |offering it by the print, by the time and sales it traded there, but my volume
471 |470 |00:45:31 ~-~-> 00:45:36 |and contract size wouldn't permit it to be filled there, and it ran without me.
472 |471 |00:45:36 ~-~-> 00:45:40 |And then I had to figure out later on, as a consequence to that, I had to
473 |472 |00:45:40 ~-~-> 00:45:44 |figure out other entry mechanisms, because I would be frustrated and angry
474 |473 |00:45:44 ~-~-> 00:45:48 |about missing those moves, thinking that I am if I couldn't get in that trade
475 |474 |00:45:48 ~-~-> 00:45:54 |here, and I'm aiming for this, this and this and something lower, well, if I
476 |475 |00:45:54 ~-~-> 00:45:58 |didn't, if I couldn't get in there, then I'm done. I'm angry, and I'm pissed off.
477 |476 |00:45:58 ~-~-> 00:46:01 |And I couldn't, I couldn't imagine another opportunity to get in, because
478 |477 |00:46:01 ~-~-> 00:46:08 |this was all I knew at the time, which is why I developed the price delivery
479 |478 |00:46:08 ~-~-> 00:46:14 |continuum theory, where it's you seeing something that's underway. I gave you to
480 |479 |00:46:14 ~-~-> 00:46:19 |what we were going to see today when we first started the stream again. I wish I
481 |480 |00:46:19 ~-~-> 00:46:23 |could have got this stuff to work like it should. It would have been a lot
482 |481 |00:46:23 ~-~-> 00:46:27 |better, but I'm already doing far better than you're going to see anybody else
483 |482 |00:46:27 ~-~-> 00:46:31 |talk about on YouTube, knocks against anybody. I'm just being honest. You're
484 |483 |00:46:31 ~-~-> 00:46:34 |not going to see this level of detail. You're not going to get the depth of
485 |484 |00:46:34 ~-~-> 00:46:37 |understanding. You're not going to get it beforehand. You're not going to get
486 |485 |00:46:37 ~-~-> 00:46:41 |all the little, tiny, subtle nuances, because they don't know and you don't
487 |486 |00:46:41 ~-~-> 00:46:44 |need to know this. You can buy and sell indicators and probably do something
488 |487 |00:46:44 ~-~-> 00:46:48 |mathematically with money management and be profitable. I'm not saying that you
489 |488 |00:46:48 ~-~-> 00:46:53 |can't, but I'm not satisfied with that. Like I'm a technical freak, like I have
490 |489 |00:46:53 ~-~-> 00:46:57 |to know, like I have to know why it's going to do it, when it's going to do
491 |490 |00:46:57 ~-~-> 00:47:03 |it, and how I can trust it. So that way I can be lead leagues ahead, light years
492 |491 |00:47:03 ~-~-> 00:47:07 |ahead of everyone else that looks at these same charts. That's that's always
493 |492 |00:47:07 ~-~-> 00:47:13 |been my my driving force is to be absolutely phenomenal and freakish.
494 |493 |00:47:14 ~-~-> 00:47:18 |That's been my goal. It's my pursuit, and I try to instill that in my
495 |494 |00:47:18 ~-~-> 00:47:21 |students, but they equate that as they have to know that right away, as soon as
496 |495 |00:47:21 ~-~-> 00:47:25 |they start reading it and studying it and listening to me and they think just
497 |496 |00:47:25 ~-~-> 00:47:30 |because they wrote some scribble in a journal, that that equates to I'm doing
498 |497 |00:47:30 ~-~-> 00:47:35 |the work. No, you're just now introducing yourself to it. It has to be
499 |498 |00:47:35 ~-~-> 00:47:39 |a lifestyle like you have to constantly be pouring into these charts, listening
500 |499 |00:47:39 ~-~-> 00:47:42 |to my lectures. Really dig into what I'm saying, because I'm not talking for the
501 |500 |00:47:42 ~-~-> 00:47:46 |sake of just talking. I'm giving you detail that you aren't going to fully
502 |501 |00:47:46 ~-~-> 00:47:51 |appreciate, because where you're at when you first start listening to them
503 |502 |00:47:51 ~-~-> 00:47:54 |already, you're thinking it's too long. I ain't got time for this. Give me
504 |503 |00:47:54 ~-~-> 00:47:58 |somebody else going to reduce this. Give me a PDF. Let me find tonight it does.
505 |504 |00:47:58 ~-~-> 00:48:01 |Gives me the cliff notes you're never going to learn from that. You'll be able
506 |505 |00:48:01 ~-~-> 00:48:06 |to hear the buzz words, and you can talk the terminology in hindsight, but you're
507 |506 |00:48:06 ~-~-> 00:48:10 |never going to do what I'm doing here that will always evade you, because the
508 |507 |00:48:10 ~-~-> 00:48:14 |people you're learning from, they can't do that. They can't do it okay. And the
509 |508 |00:48:14 ~-~-> 00:48:20 |things I'm teaching today, they've not been taught before. Mentorship students
510 |509 |00:48:20 ~-~-> 00:48:23 |that paid me, they did not learn what I'm teaching you here. This is all brand
511 |510 |00:48:23 ~-~-> 00:48:30 |new stuff. So the price delivery continuum theory is where, if we
512 |511 |00:48:30 ~-~-> 00:48:37 |identify a move and anticipate it delivering to a target, that is, it's
513 |512 |00:48:38 ~-~-> 00:48:42 |finite. It's not something that well, you know, it could do this. It could do
514 |513 |00:48:42 ~-~-> 00:48:46 |that like a zone. I don't deal with zones. Zones are for fools and idiots.
515 |514 |00:48:47 ~-~-> 00:48:53 |We don't deal with zones. We deal with very specific price levels. If I don't
516 |515 |00:48:53 ~-~-> 00:48:57 |know the price that I'm wanting to see as a entry, a stop or a partial or
517 |516 |00:48:57 ~-~-> 00:49:01 |Terminus target where the trade is completely closed in, if I don't know
518 |517 |00:49:01 ~-~-> 00:49:10 |that specific price I'm not getting in the trade. Contrast that with supply and
519 |518 |00:49:10 ~-~-> 00:49:17 |demand zones. Okay, what are you doing with that? What what criteria are you?
520 |519 |00:49:17 ~-~-> 00:49:21 |And if you teach it, what criteria are you teaching the people that are
521 |520 |00:49:21 ~-~-> 00:49:24 |listening to you what's the methodology that you're going to come to the same
522 |521 |00:49:25 ~-~-> 00:49:31 |conclusion and process protocol guidance that leads you to a specific price in
523 |522 |00:49:31 ~-~-> 00:49:37 |that zone. Which zone is important? Which part of the zone, what prices in
524 |523 |00:49:37 ~-~-> 00:49:41 |those specific supply and demand zones are you interested in? That's why it's a
525 |524 |00:49:41 ~-~-> 00:49:48 |fallacy. It's a fucking joke, okay? It's a wonderful, infantile approach to a
526 |525 |00:49:48 ~-~-> 00:49:53 |more visual representation of support and resistance. That was the furthest
527 |526 |00:49:53 ~-~-> 00:49:56 |accolade I gave it, and I mentioned that same stuff when I was on baby piss,
528 |527 |00:49:56 ~-~-> 00:50:00 |because idiots over there said the same shit. Oh, you'd read. Teaching supply
529 |528 |00:50:00 ~-~-> 00:50:04 |and demand, mother fucker. Everything I'm showing you here has nothing to do
530 |529 |00:50:04 ~-~-> 00:50:07 |with supply and demand, and it has nothing to do with support and
531 |530 |00:50:07 ~-~-> 00:50:14 |resistance, but it tells you to the tick to the tick, and it doesn't matter what
532 |531 |00:50:14 ~-~-> 00:50:18 |market it is. You're not getting that from support and resistance and supply
533 |532 |00:50:18 ~-~-> 00:50:21 |and demand. You're fucking not doing that. I don't give a shit what time
534 |533 |00:50:21 ~-~-> 00:50:24 |thinking here, he said. Dollar mentor, mentors, mentorships, okay? And the
535 |534 |00:50:24 ~-~-> 00:50:28 |people that run them, they need the back pedal, because if they're using supply
536 |535 |00:50:28 ~-~-> 00:50:31 |and demand, and they're trying to sell that shit many times, if you really,
537 |536 |00:50:31 ~-~-> 00:50:34 |really listen to them, they're really trying to teach order block theory,
538 |537 |00:50:35 ~-~-> 00:50:39 |they're trying to teach what I do, and they're falling short of it, okay? And I
539 |538 |00:50:39 ~-~-> 00:50:42 |know this is the part of the videos you don't like, but I have to answer all
540 |539 |00:50:42 ~-~-> 00:50:45 |these things because people send me shit and they question me, and I fill in a
541 |540 |00:50:45 ~-~-> 00:50:52 |lot of questions within my dialog. And also scratches an inch once I once I get
542 |541 |00:50:52 ~-~-> 00:50:58 |it. Once in a while, have to scratch it like anybody else will. But if you have
543 |542 |00:50:58 ~-~-> 00:51:06 |wicks in your charts, okay, every single time you have a wick, every single time
544 |543 |00:51:06 ~-~-> 00:51:11 |you want to be measuring them from the highest high and the lowest low. Okay,
545 |544 |00:51:12 ~-~-> 00:51:19 |because in swing highs and in swing lows, it's going to give you detail that
546 |545 |00:51:19 ~-~-> 00:51:28 |no body else has but me, but me, good old ICT. But you're going to get to
547 |546 |00:51:28 ~-~-> 00:51:35 |that. You're going to get it. You're getting it right from the source, if
548 |547 |00:51:35 ~-~-> 00:51:38 |there's going to be a hobby. And this is on any time frame, folks, okay, write
549 |548 |00:51:38 ~-~-> 00:51:43 |that down in your journal, on your study notes, this is a principle that is all
550 |549 |00:51:43 ~-~-> 00:51:50 |time frames, every single time frame, and this is what you'll find. This
551 |550 |00:51:50 ~-~-> 00:51:57 |fascinating, if you go through all time frames and you study this and to see
552 |551 |00:51:57 ~-~-> 00:52:04 |them form on sub one minute charts, and it's still there. That is, it's
553 |552 |00:52:04 ~-~-> 00:52:12 |incredible. It is incredible to see it's incredible to see your baby do exactly
554 |553 |00:52:12 ~-~-> 00:52:18 |what it's supposed to do. And it's so pretty. It's so beautiful to see it
555 |554 |00:52:18 ~-~-> 00:52:31 |form. And sometimes, when the people that use it push hard and intervene with
556 |555 |00:52:31 ~-~-> 00:52:37 |it, take it out of its processes and and what it's following at the time its
557 |556 |00:52:37 ~-~-> 00:52:41 |script, and they cause a manual intervention, then it gets a little
558 |557 |00:52:41 ~-~-> 00:52:46 |blurred, but if you just simply wait, it'll go right back to doing what it's
559 |558 |00:52:46 ~-~-> 00:52:52 |supposed to be doing, rigged, controlled price delivery. That's exactly what we
560 |559 |00:52:52 ~-~-> 00:52:55 |have. And there's no reason to be upset about it. There's no reason to fear it.
561 |560 |00:52:55 ~-~-> 00:52:58 |You should be thankful it's this way, because I'll be honest with you, with 30
562 |561 |00:52:58 ~-~-> 00:53:02 |years experience, if these markets weren't rigged. If they were not rigged,
563 |562 |00:53:02 ~-~-> 00:53:05 |I would never trade them, because you have the equivalent of doing the same
564 |563 |00:53:05 ~-~-> 00:53:10 |thing that people do when they buy lottery tickets going to the casinos.
565 |564 |00:53:10 ~-~-> 00:53:15 |That, to me, is madness. But if I can go in and I can see, okay, I can
566 |565 |00:53:15 ~-~-> 00:53:17 |systematically prove,
567 |566 |00:53:19 ~-~-> 00:53:19 |prove
568 |567 |00:53:21 ~-~-> 00:53:28 |that these things are happening. They're predictable to a degree of precision. It
569 |568 |00:53:28 ~-~-> 00:53:32 |presses the viewer, or anyone that studies and looks at it, especially when
570 |569 |00:53:32 ~-~-> 00:53:37 |we're doing it live, it forces them into a corner, and they're like, either this
571 |570 |00:53:37 ~-~-> 00:53:42 |guy has a time machine or he's using delayed data, and I'm using the lowest
572 |571 |00:53:42 ~-~-> 00:53:47 |latency on this live stream, and I have students that verify I'm seconds away,
573 |572 |00:53:47 ~-~-> 00:53:52 |seconds away from when you see it and when it happens. And if you have real
574 |573 |00:53:52 ~-~-> 00:53:55 |time data, you already see what I'm annotating on the chart. I tell you
575 |574 |00:53:55 ~-~-> 00:53:58 |where it's going to go beforehand, so it doesn't matter. It could be delayed
576 |575 |00:53:58 ~-~-> 00:54:01 |1015, minutes. It's still in the chart before it's there, and then when it
577 |576 |00:54:01 ~-~-> 00:54:05 |finally delivers, there you go. There's no escaping it. So it's predictable.
578 |577 |00:54:06 ~-~-> 00:54:10 |It's logic that's transferable. You can learn it. But if you're looking for
579 |578 |00:54:10 ~-~-> 00:54:14 |turning points in price, that means short term highs, intermediate term
580 |579 |00:54:14 ~-~-> 00:54:20 |highs, long term highs, short term lows, intermediate term lows, long term lows,
581 |580 |00:54:21 ~-~-> 00:54:26 |where they nest out. In the grand scheme of things, when you have a directional
582 |581 |00:54:27 ~-~-> 00:54:32 |draw on liquidity, that's discernible, that means that you you can reasonably
583 |582 |00:54:32 ~-~-> 00:54:37 |forecast where the market's trying to go to. That's the first lesson for you.
584 |583 |00:54:37 ~-~-> 00:54:43 |Kayla, all of this stuff is just once you get beyond that, when you're when
585 |584 |00:54:43 ~-~-> 00:54:49 |you're studying for the day, and you watch and observe where price is going,
586 |585 |00:54:49 ~-~-> 00:54:52 |and you're watching the live streams like this, and you see that telling you
587 |586 |00:54:52 ~-~-> 00:54:55 |where it's going to go, and it goes there. Then you go in and you fill in
588 |587 |00:54:55 ~-~-> 00:55:01 |your observations in the chart, you annotate how much time it took. For this
589 |588 |00:55:01 ~-~-> 00:55:05 |run from here down to that level, we were aiming for any make notations how
590 |589 |00:55:05 ~-~-> 00:55:10 |the bodies turned right at that level traded back up into the fair value gap,
591 |590 |00:55:10 ~-~-> 00:55:15 |consequent encroachment of this wick, because it's a wick that's above price
592 |591 |00:55:15 ~-~-> 00:55:21 |when it was down here. So if it returns back to that that's a premium array. But
593 |592 |00:55:21 ~-~-> 00:55:30 |I don't care about the low. You see that. I don't care about that low. I
594 |593 |00:55:30 ~-~-> 00:55:34 |want to see it trade through that. I want to see it dig into this and go
595 |594 |00:55:34 ~-~-> 00:55:39 |right back to that. Because if it can do that, then I'm waiting to see, does it
596 |595 |00:55:39 ~-~-> 00:55:47 |stop, or if it wicks through it, does the body that it pierces it with? Does
597 |596 |00:55:47 ~-~-> 00:55:51 |its body stop at or below that consequent encroachment? Because that's
598 |597 |00:55:51 ~-~-> 00:55:55 |the signature. That's the little deal. That's a little telltale sign. That's
599 |598 |00:55:56 ~-~-> 00:56:00 |that's me at the table. I'm the dealer. Okay, I can run up a deck and stack the
600 |599 |00:56:00 ~-~-> 00:56:04 |deck, and I can send somebody a hand of winning cards, and everybody at the
601 |600 |00:56:04 ~-~-> 00:56:08 |table won't even know it, and they could be a Confederate with me, and we run the
602 |601 |00:56:08 ~-~-> 00:56:13 |table every single rounders. Matt Damon, and what's the gentleman. He lives in
603 |602 |00:56:13 ~-~-> 00:56:18 |Maryland. He played the Incredible Hulk, Edward Norton. He plays the guy that
604 |603 |00:56:18 ~-~-> 00:56:22 |does all the chops he was in prison, came out. And while he was in prison, he
605 |604 |00:56:22 ~-~-> 00:56:26 |was learning how to do all this stuff with cards. And Matt Damon was a good
606 |605 |00:56:26 ~-~-> 00:56:32 |poker player, but Ed Norton was a cheat. So when Ed Norton was dealing, he was
607 |606 |00:56:32 ~-~-> 00:56:38 |dealing good hands, stacking the deck up for his buddy Matt. And Matt realized
608 |607 |00:56:38 ~-~-> 00:56:42 |what was going on. He was like, Listen, I want to play for real. I don't want to
609 |608 |00:56:42 ~-~-> 00:56:48 |get caught doing this and they end up getting caught. And that's another
610 |609 |00:56:48 ~-~-> 00:56:55 |discussion. It's another discussion for another day. Just just know that I
611 |610 |00:56:55 ~-~-> 00:57:00 |really enjoy these lies, but they're almost problematic for me because I have
612 |611 |00:57:00 ~-~-> 00:57:04 |so many things I would love to talk I really should have a podcast. I mean, I
613 |612 |00:57:04 ~-~-> 00:57:09 |really should have one, because I could never run out of things to talk about,
614 |613 |00:57:09 ~-~-> 00:57:19 |ever, literally, never, ever, ever. But when we're looking at the wicks, okay, I
615 |614 |00:57:19 ~-~-> 00:57:24 |want to see it go up and fail, okay, or stop, give me that little signature.
616 |615 |00:57:24 ~-~-> 00:57:27 |It's like me tipping my hand to another player at the table and showing them my
617 |616 |00:57:27 ~-~-> 00:57:31 |cards. Okay? Well, that's what the algorithm is doing for me and for
618 |617 |00:57:31 ~-~-> 00:57:35 |anybody that trades like this. And before I stepped out and started talking
619 |618 |00:57:35 ~-~-> 00:57:38 |like this and revealing this, this language, and start seeing it this way
620 |619 |00:57:38 ~-~-> 00:57:42 |and looking for it, nobody believed that there was an algorithm to control price
621 |620 |00:57:42 ~-~-> 00:57:49 |like this. And there's always been a group of people that you're not hearing
622 |621 |00:57:49 ~-~-> 00:57:54 |about. They don't write books, they don't go on CBC, and they do the very
623 |622 |00:57:54 ~-~-> 00:57:58 |things I'm telling you, how to trade an engaged price. They do that, and they do
624 |623 |00:57:58 ~-~-> 00:58:04 |it on a very large scale, all day long, all time frames, okay? And they also
625 |624 |00:58:04 ~-~-> 00:58:08 |have algorithms that are keying up off of these very things, so they're not
626 |625 |00:58:08 ~-~-> 00:58:14 |sitting there looking for these things, okay? Quote, unquote, Smart Money
627 |626 |00:58:14 ~-~-> 00:58:18 |traders, algorithmic traders. They understand the things I'm I'm showing
628 |627 |00:58:18 ~-~-> 00:58:25 |you visually, but these are the closest things that I can teach you to see the
629 |628 |00:58:25 ~-~-> 00:58:29 |phenomenon that's going on at that moment. There's other things that I'm
630 |629 |00:58:29 ~-~-> 00:58:33 |I'm not a I'm not in the position, but split that way, I'm not going to teach
631 |630 |00:58:33 ~-~-> 00:58:36 |it, and I'm gonna give a shit. Who comes to my house and says, You're gonna, I'm
632 |631 |00:58:36 ~-~-> 00:58:41 |not gonna do shit. Okay, I'm not telling you shit. You want my technology. Fuck
633 |632 |00:58:41 ~-~-> 00:58:48 |you. You can't have it, but you can have these things. You can have that tell me
634 |633 |00:58:48 ~-~-> 00:58:55 |I can't Well, I'll make more of me. Okay. So if you have these little hints,
635 |634 |00:58:55 ~-~-> 00:59:01 |these little billboard signs flash and say, I am not going any higher. And
636 |635 |00:59:01 ~-~-> 00:59:08 |here's proof to that, that you can trust. See that's a real indicator if
637 |636 |00:59:08 ~-~-> 00:59:13 |you start applying things that are mathematically calculating old data for
638 |637 |00:59:13 ~-~-> 00:59:17 |the purpose of overball, oversold divergence, trend following, moving
639 |638 |00:59:17 ~-~-> 00:59:24 |averages, ratios, Fibonacci ratios, if you're doing any of that stuff, listen
640 |639 |00:59:24 ~-~-> 00:59:27 |to me. And I mean this sincerely. I know there's a lot of people that don't like
641 |640 |00:59:27 ~-~-> 00:59:30 |me that stand on that dumb, dumb shit. They sell courses, they sell software,
642 |641 |00:59:30 ~-~-> 00:59:35 |they do all kinds of stuff. Okay, whether you believe them, whether you
643 |642 |00:59:35 ~-~-> 00:59:40 |believe me or not, I'm just gonna say this is the truth. Price literally
644 |643 |00:59:40 ~-~-> 00:59:47 |doesn't give a fuck about any of that. It doesn't. It does not mean that that's
645 |644 |00:59:47 ~-~-> 00:59:52 |what causes price to go up and down. Absolutely not. It doesn't. It doesn't
646 |645 |00:59:52 ~-~-> 01:00:00 |do that. But what price does refer to is time, if it's. The right time for price
647 |646 |01:00:00 ~-~-> 01:00:07 |to move, it will move. If it's not right time, it ain't going to move. It'll just
648 |647 |01:00:07 ~-~-> 01:00:11 |gyrate and fluctuate in a predetermined range that is mathematically calculated
649 |648 |01:00:11 ~-~-> 01:00:15 |by the algorithm. I'm only going to go this high. I'm only going to go this low
650 |649 |01:00:15 ~-~-> 01:00:18 |for this amount of time, and then I'll go just a little bit of that highest
651 |650 |01:00:18 ~-~-> 01:00:20 |high in the last range, and I'll go down below the lowest low in the last range,
652 |651 |01:00:20 ~-~-> 01:00:23 |and I'll go right back in the middle of that range. And that range until it's
653 |652 |01:00:23 ~-~-> 01:00:32 |time to start spooling that session starts and session endings during the
654 |653 |01:00:32 ~-~-> 01:00:37 |macro periods, at 20 minute intervals, at top of every hour, all these things
655 |654 |01:00:37 ~-~-> 01:00:41 |start to come together like a like a puzzle, okay? And when I was on baby
656 |655 |01:00:41 ~-~-> 01:00:46 |pips, I was testing, laying out bread crumbs and see, out of all the people
657 |656 |01:00:46 ~-~-> 01:00:51 |that come here, I want to see who can pick it up, and not one person could.
658 |657 |01:00:52 ~-~-> 01:00:57 |And then I did a mentorship. I'm gonna see, can they, can they jump and do
659 |658 |01:00:57 ~-~-> 01:01:02 |these quantum leaps like I was, I was getting these huge, like downloads of
660 |659 |01:01:03 ~-~-> 01:01:06 |understanding and seeing, wow, this. Yeah, you can really see some of these
661 |660 |01:01:06 ~-~-> 01:01:11 |things in not a lot of it, but you can see enough in price action where the
662 |661 |01:01:12 ~-~-> 01:01:17 |concepts, the theology behind when price and why price should do anything.
663 |662 |01:01:18 ~-~-> 01:01:25 |There's certain times when price doesn't hide it. And that was the fascinating
664 |663 |01:01:25 ~-~-> 01:01:29 |thing for me, because I, I've, I've done it for a long time, but it was me trying
665 |664 |01:01:29 ~-~-> 01:01:34 |to find a way where I could talk about it, and I'm talking about these little
666 |665 |01:01:34 ~-~-> 01:01:39 |things like this. That's not really what's going on in price, but visually
667 |666 |01:01:39 ~-~-> 01:01:42 |it's occurring at the same time the algorithm is doing what it's doing that
668 |667 |01:01:42 ~-~-> 01:01:46 |I can't talk about, and that's the part that some of you get pissed off about.
669 |668 |01:01:46 ~-~-> 01:01:47 |You're like, Oh, you're hiding stuff.
670 |669 |01:01:48 ~-~-> 01:01:49 |You're fucking right. I'm
671 |670 |01:01:49 ~-~-> 01:01:56 |hiding something. You're right. I am, absolutely I am. You would too. You
672 |671 |01:01:56 ~-~-> 01:01:59 |would too. You wouldn't even be teaching this part of it. You keep it to
673 |672 |01:01:59 ~-~-> 01:02:05 |yourself, but I have an obligation. I have something I have to fulfill, and I
674 |673 |01:02:05 ~-~-> 01:02:12 |have a bone to pick, really. So this is my way of doing it, and I have been
675 |674 |01:02:12 ~-~-> 01:02:18 |successful in transferring this information with this language. It's
676 |675 |01:02:18 ~-~-> 01:02:25 |resonated with a large number of people all around the world, and my daughter
677 |676 |01:02:25 ~-~-> 01:02:28 |actually sent me something. I just want to tell something because I was kind of
678 |677 |01:02:28 ~-~-> 01:02:34 |interested by it last night, or say, evening, rather, right after the markets
679 |678 |01:02:34 ~-~-> 01:02:39 |closed, I got text messages from my daughter, and she goes, Do you see this
680 |679 |01:02:39 ~-~-> 01:02:44 |person? Do you know this person or not, and she sent me like a profile of
681 |680 |01:02:44 ~-~-> 01:02:49 |someone on Instagram. I'm not on Instagram, so she has to send me
682 |681 |01:02:49 ~-~-> 01:02:52 |screenshots to see it, because I don't know how to I can't access anybody's
683 |682 |01:02:52 ~-~-> 01:02:56 |account. I'm not on Instagram, I'm not on Facebook, I'm not on Discord. I don't
684 |683 |01:02:56 ~-~-> 01:03:00 |have any anything to do with that stuff. So if anybody's using my name, it's not
685 |684 |01:03:00 ~-~-> 01:03:06 |me, but she asked me, Do you know this person? Because they had my logo in
686 |685 |01:03:06 ~-~-> 01:03:10 |their in their profile, which a lot of people, a lot of people have that it's
687 |686 |01:03:10 ~-~-> 01:03:13 |like a, like, a brotherhood symbol, like and I have people, have students all
688 |687 |01:03:13 ~-~-> 01:03:16 |around the world. They're getting it tattooed on them. Please don't do that.
689 |688 |01:03:17 ~-~-> 01:03:20 |I don't know what you're thinking, but I get it. I understand what you're doing.
690 |689 |01:03:20 ~-~-> 01:03:24 |But you know, the Bible says take no mark upon your skin, and that, that's
691 |690 |01:03:24 ~-~-> 01:03:27 |exactly what that means. Don't do that very thing. You don't have you don't I
692 |691 |01:03:27 ~-~-> 01:03:31 |don't have a mark. I'm not forcing people to take a mark. And my logo
693 |692 |01:03:31 ~-~-> 01:03:34 |certainly isn't the mark of the beast, either. But there's individuals out
694 |693 |01:03:34 ~-~-> 01:03:38 |there that take my logo and they put it in their profile and use it as their
695 |694 |01:03:38 ~-~-> 01:03:45 |avatar. And the person she was asking me about, I said, Well, I know of this
696 |695 |01:03:45 ~-~-> 01:03:51 |person. They're a student of mine, but what? What spurred that on? She goes,
697 |696 |01:03:51 ~-~-> 01:03:56 |Well, I'm looking at the new bachelor. Apparently, there's a show called The
698 |697 |01:03:56 ~-~-> 01:04:01 |Bachelor. Something something bachelor, okay? And because she's a single woman,
699 |698 |01:04:02 ~-~-> 01:04:08 |she likes those kind of shows, and apparently the new Bachelor is a day
700 |699 |01:04:08 ~-~-> 01:04:15 |trader. And Ellis, I don't know if that's the last thing or if it's the
701 |700 |01:04:15 ~-~-> 01:04:19 |first thing, Ellis something. Well anyway, she looked at his followers and
702 |701 |01:04:19 ~-~-> 01:04:22 |who he was following, and he followed, he's actually following something or
703 |702 |01:04:22 ~-~-> 01:04:31 |someone that's one of my students, and it's something lab scalping lab, scalp
704 |703 |01:04:31 ~-~-> 01:04:37 |lab scalping lab, or something that effect. And they have my, my logo as
705 |704 |01:04:37 ~-~-> 01:04:42 |their their avatar, and they're on Instagram. And this, apparently, this
706 |705 |01:04:42 ~-~-> 01:04:47 |new Bachelor on this TV show that does something around being a bachelor. They,
707 |706 |01:04:47 ~-~-> 01:04:50 |uh, they're a day trader, and his following, he's following this
708 |707 |01:04:50 ~-~-> 01:04:54 |particular person. And the question was brought up on my daughter. She goes, Do
709 |708 |01:04:54 ~-~-> 01:05:01 |you know this person? And I was like, I don't know them. And. I don't off top my
710 |709 |01:05:01 ~-~-> 01:05:05 |head. I don't know who the person that's going to be, the bastard is, but he's a,
711 |710 |01:05:05 ~-~-> 01:05:09 |he's a young guy. And it was a picture of it, so I couldn't really make out who
712 |711 |01:05:09 ~-~-> 01:05:16 |it was, because I don't see so much by zooming in. But if you're, if you're, if
713 |712 |01:05:16 ~-~-> 01:05:19 |you know more about it, like, if, especially if you're, like in my private
714 |713 |01:05:19 ~-~-> 01:05:23 |mentorship, if you know, if, if you know anything about it, just, you know, send
715 |714 |01:05:23 ~-~-> 01:05:26 |me, you know, a message about it, because I'm intrigued by it, because,
716 |715 |01:05:26 ~-~-> 01:05:32 |you know, I've heard my name talked out of Andrew Tate's brother's mouth, like
717 |716 |01:05:32 ~-~-> 01:05:36 |I'm all over the place. I'm Mr. Worldwide. But I said that to my
718 |717 |01:05:36 ~-~-> 01:05:41 |daughter last night. She was laughing, but it's funny. It's really funny to see
719 |718 |01:05:41 ~-~-> 01:05:46 |how far this has reached out to like all these individuals around the world are
720 |719 |01:05:46 ~-~-> 01:05:51 |familiar with me and either with me or they are familiar with what I've
721 |720 |01:05:51 ~-~-> 01:05:54 |introduced to the community, because other people are using it and
722 |721 |01:05:54 ~-~-> 01:05:57 |implementing it, and they they have a filing of their own, which is fine. I
723 |722 |01:05:57 ~-~-> 01:06:00 |got no problem with that. I just don't like it when people try to pretend they
724 |723 |01:06:00 ~-~-> 01:06:04 |know how to do certain things that I've never fully taught, and they try to sell
725 |724 |01:06:04 ~-~-> 01:06:08 |mentorships taking people on. That's, that's fraud, okay, because you don't
726 |725 |01:06:08 ~-~-> 01:06:12 |know what I know, but if you've gone through mentorship, you know what I've
727 |726 |01:06:12 ~-~-> 01:06:16 |taught mentorship. But now that's, that's for free on YouTube now too. So,
728 |727 |01:06:17 ~-~-> 01:06:26 |but the i digress the I gotta tell you, I love, I love. Why shaming? Because it
729 |728 |01:06:26 ~-~-> 01:06:32 |gives me an outlet. Okay? It really gives me an outlet. So I can say what's
730 |729 |01:06:32 ~-~-> 01:06:36 |on my mind when I want to say it, but unfortunately, it's hard to follow me if
731 |730 |01:06:36 ~-~-> 01:06:42 |you're here just for for studious purposes. So I understand and I I can
732 |731 |01:06:45 ~-~-> 01:06:48 |appreciate your frustration if you're someone like that, but just know that I
733 |732 |01:06:48 ~-~-> 01:06:54 |can't not be me okay, and people have asked me to change for years, and I'm
734 |733 |01:06:54 ~-~-> 01:06:59 |not going to do it. I i can do as much as I can to try to do what I want to do
735 |734 |01:06:59 ~-~-> 01:07:05 |and still meet the expectations or whatever I have in mind to do, but I
736 |735 |01:07:05 ~-~-> 01:07:09 |also have to be me, and no one's going to change that. And the way I deliver
737 |736 |01:07:09 ~-~-> 01:07:13 |the information is the way I want to deliver it, and I have to be happy with
738 |737 |01:07:13 ~-~-> 01:07:16 |the way I do it, or I won't do it at all. So it takes a great deal of
739 |738 |01:07:16 ~-~-> 01:07:22 |filtering, if you're here just for the nuggets, okay, and when it's live
740 |739 |01:07:22 ~-~-> 01:07:26 |stream, like this, like it was on Twitter spaces, it's the good stuff
741 |740 |01:07:26 ~-~-> 01:07:33 |being tucked in. And sometimes that's intentional, like today, it isn't
742 |741 |01:07:33 ~-~-> 01:07:37 |intentional. It's just me being organic, because I'm finally relaxing about the
743 |742 |01:07:37 ~-~-> 01:07:42 |frustration I had with trying to get OBS to start streaming. It pissed me off,
744 |743 |01:07:42 ~-~-> 01:07:45 |like I was ready to throw this fucking laptop to the world, like I was getting
745 |744 |01:07:45 ~-~-> 01:07:50 |angry. I was getting so mad. But it is what it is. But I want you to think
746 |745 |01:07:50 ~-~-> 01:07:57 |about wicks, okay, and how every swing high and every swing low that has a
747 |746 |01:07:57 ~-~-> 01:08:04 |wick, the information is useful if you start measuring them, finding out where
748 |747 |01:08:04 ~-~-> 01:08:09 |the midpoint is of the width the highest high and the lowest low. And if we start
749 |748 |01:08:09 ~-~-> 01:08:14 |doing that, we can start forecasting things in price action that would
750 |749 |01:08:14 ~-~-> 01:08:19 |otherwise be un it's unknown to other traders. Okay, and I'm going to
751 |750 |01:08:19 ~-~-> 01:08:23 |introduce some of the principles today. It's meant for you to go into your
752 |751 |01:08:23 ~-~-> 01:08:27 |charts and explore it, study it. It's a fascinating subject matter. I spent
753 |752 |01:08:27 ~-~-> 01:08:34 |years looking at these things, and finally, after six years, because I
754 |753 |01:08:34 ~-~-> 01:08:39 |figured out in like less than three years, like two, two years, and like
755 |754 |01:08:39 ~-~-> 01:08:43 |nine, nine months, or something like that. I had everything, exactly what I
756 |755 |01:08:43 ~-~-> 01:08:48 |wanted, but because I have to take things apart and tinker with them, that
757 |756 |01:08:48 ~-~-> 01:08:52 |was I was that kind of boy growing up. I had to Stretch Armstrong toy. I had to
758 |757 |01:08:52 ~-~-> 01:08:56 |find out why it kept going back to its normal size. I had to figure out what
759 |758 |01:08:56 ~-~-> 01:09:00 |was inside of it, so I cut it open, and it's like this little gel stuff in it.
760 |759 |01:09:00 ~-~-> 01:09:06 |And I needed to know why my remote control cars worked and what was inside
761 |760 |01:09:06 ~-~-> 01:09:10 |the thing behind where the battery panel was. I had to take things apart to see
762 |761 |01:09:10 ~-~-> 01:09:13 |what they did, and it mattered not to me if I could put them back together. I
763 |762 |01:09:13 ~-~-> 01:09:19 |needed to know what made them work. And from someone's perspective that doesn't
764 |763 |01:09:19 ~-~-> 01:09:24 |appreciate that inquisitive nature in a human mind, they may see it though this
765 |764 |01:09:24 ~-~-> 01:09:28 |kid's a brat, he's a destructive person, looking he's breaking things up. But
766 |765 |01:09:28 ~-~-> 01:09:32 |that was the fuel for me to be who I am today, because every everything that I
767 |766 |01:09:32 ~-~-> 01:09:36 |get involved with, I have to understand why it does what it does, and how it
768 |767 |01:09:36 ~-~-> 01:09:41 |does it, and if I can't ascertain what that is, if I can't get a grasp on it,
769 |768 |01:09:41 ~-~-> 01:09:49 |I'm not interested. It can't hold my attention. So I have a demand on
770 |769 |01:09:49 ~-~-> 01:09:53 |anything that holds my attention, that it has to do something for me to hold my
771 |770 |01:09:53 ~-~-> 01:09:59 |attention, or I'm not. I'm not interested. And in trading and using
772 |771 |01:09:59 ~-~-> 01:10:05 |these concepts. Said not exploring price action, I have found that, and I had
773 |772 |01:10:05 ~-~-> 01:10:11 |lots of students come through me and the characteristics of impatience, and I
774 |773 |01:10:11 ~-~-> 01:10:17 |need you to start saying less and just teach it and stop talking so much.
775 |774 |01:10:19 ~-~-> 01:10:22 |You're never going to learn from me, then you're probably not going to do
776 |775 |01:10:22 ~-~-> 01:10:26 |well with anybody else, because what you're trying to do is condense. You
777 |776 |01:10:26 ~-~-> 01:10:34 |wanted to have a distilled version of all this information, and when you
778 |777 |01:10:34 ~-~-> 01:10:37 |really take a step back, there's no advantage of distilling any of it,
779 |778 |01:10:37 ~-~-> 01:10:41 |because you have to have a complete perspective. Because they all, they all
780 |779 |01:10:41 ~-~-> 01:10:49 |link together as one symbiotic unit. It's not one thing and stands by itself
781 |780 |01:10:49 ~-~-> 01:10:52 |a wick. And the details I'm going to teach you about this that leads to
782 |781 |01:10:52 ~-~-> 01:10:56 |understanding turtle soup. You thought I forgot about that. It's just the
783 |782 |01:10:56 ~-~-> 01:11:02 |preamble here, the idea of anticipating turning points in the marketplace, which
784 |783 |01:11:02 ~-~-> 01:11:09 |is what a turtle soup is. It's a run on liquidity, but it's not always running
785 |784 |01:11:09 ~-~-> 01:11:16 |above an old high. It's not always running below an old low. So when I say
786 |785 |01:11:16 ~-~-> 01:11:22 |turtle soup, it was me nodding, because I like to name those cute of what I saw
787 |786 |01:11:22 ~-~-> 01:11:27 |and read about in the street smarts books by Larry, Larry Connor and Linda
788 |787 |01:11:27 ~-~-> 01:11:31 |rash. And I said this before, and I'll say it again, because I mentioned the
789 |788 |01:11:31 ~-~-> 01:11:35 |book again. I get nothing from it. I'm sure she probably knows about me only
790 |789 |01:11:35 ~-~-> 01:11:36 |because
791 |790 |01:11:38 ~-~-> 01:11:44 |I have commented to her. I think twice, when I was on Twitter and she was tagged
792 |791 |01:11:44 ~-~-> 01:11:50 |in a response, and I'm sure she looked at me and I was who I am, and I'm sure
793 |792 |01:11:50 ~-~-> 01:11:55 |I'm not her cup of tea, and that's fun, but I think her book with Larry was a
794 |793 |01:11:55 ~-~-> 01:11:59 |good book. It's expensive. Yes, would I still pay that price if I hadn't bought
795 |794 |01:11:59 ~-~-> 01:12:04 |it at that same time in 1995 Yes, I paid $175 for it. I don't know what it's
796 |795 |01:12:04 ~-~-> 01:12:08 |selling for today. Unfortunately, it's been copied and put all over the
797 |796 |01:12:08 ~-~-> 01:12:12 |internet. You can get it for PDF and for free, don't? I don't want you to do
798 |797 |01:12:12 ~-~-> 01:12:15 |that. If the authors are going to take the time to put the information together
799 |798 |01:12:15 ~-~-> 01:12:20 |like that, regardless of what they sell it for, you shouldn't. You shouldn't
800 |799 |01:12:20 ~-~-> 01:12:25 |take the information and circumvent the payment for their their information,
801 |800 |01:12:25 ~-~-> 01:12:29 |their experience that they collected to put it out into other people's hands.
802 |801 |01:12:29 ~-~-> 01:12:35 |There's a lot of things in that book that I don't like, but it did help me
803 |802 |01:12:36 ~-~-> 01:12:42 |understand stop runs. It. It helped me formulate a visual representation,
804 |803 |01:12:42 ~-~-> 01:12:46 |because that was the first introduction to it. Because, remember, my original
805 |804 |01:12:46 ~-~-> 01:12:49 |mentor was Larry Williams, and Larry Williams doesn't do any of this shit. He
806 |805 |01:12:49 ~-~-> 01:12:52 |doesn't use nothing. He doesn't use any of this stuff that I'm talking about
807 |806 |01:12:52 ~-~-> 01:12:56 |here, everything in my mentorship, all that stuff, technical, fair value gaps,
808 |807 |01:12:56 ~-~-> 01:13:00 |institutional order, flow, inversion, fair value gaps, breakers. That's not
809 |808 |01:13:00 ~-~-> 01:13:06 |him. Okay, I had some dickhead write a book on Amazon and try to say that my
810 |809 |01:13:06 ~-~-> 01:13:11 |stuff was Chris Laurie stuff, Larry Williams stuff, Sam Sidon stuff, supply
811 |810 |01:13:11 ~-~-> 01:13:14 |and demand and all of that is the biggest fucking lions a joke. And that's
812 |811 |01:13:14 ~-~-> 01:13:18 |why I invited everybody with a I purchased his poor shit book just so I
813 |812 |01:13:18 ~-~-> 01:13:23 |could leave a verified purchase review saying this is all nonsense. You can go
814 |813 |01:13:23 ~-~-> 01:13:26 |to our YouTube channel and you see everything that this fucking clown wrote
815 |814 |01:13:26 ~-~-> 01:13:30 |about is my information, and none of these other people had anything to do
816 |815 |01:13:30 ~-~-> 01:13:33 |with it. And you asked them directly, and that's why I went out and caused
817 |816 |01:13:33 ~-~-> 01:13:37 |Chris Laurie to answer me publicly on Twitter. I said, Listen, I'm tired of
818 |817 |01:13:37 ~-~-> 01:13:42 |these people saying that I've copied you. We're going to court if you don't
819 |818 |01:13:42 ~-~-> 01:13:48 |do this publicly, because I didn't take shit from you. Do you see your material
820 |819 |01:13:48 ~-~-> 01:13:51 |in my concepts, in my lectures, in my teachings, yes or no in hem the hall? I
821 |820 |01:13:51 ~-~-> 01:13:54 |said, Listen, you got 30 fucking minutes. And I got the emails to prove
822 |821 |01:13:54 ~-~-> 01:13:58 |all that you got 30 minutes to come out on Twitter and respond publicly. And he
823 |822 |01:13:58 ~-~-> 01:14:02 |comes out and says no, and he does all this other extra bullshit trying to save
824 |823 |01:14:02 ~-~-> 01:14:06 |face. But there's your answer, everybody. I don't teach Chris Laurie
825 |824 |01:14:06 ~-~-> 01:14:10 |bullshit. Okay, I don't, I don't teach Chris Laurie stuff. I made the mistake
826 |825 |01:14:10 ~-~-> 01:14:15 |of giving him a nod and sending him people. And I found out through other
827 |826 |01:14:15 ~-~-> 01:14:20 |people sending me email saying he was talking shit about, listen, you bite the
828 |827 |01:14:20 ~-~-> 01:14:25 |hand that fucking feeds you to help set you up. Go fuck yourself, pal. I don't
829 |828 |01:14:25 ~-~-> 01:14:29 |need anybody else to help me. I don't need that. I got one person in my
830 |829 |01:14:29 ~-~-> 01:14:36 |corner, and he ain't on Earth. So it's just a one it's a one man army here. I
831 |830 |01:14:36 ~-~-> 01:14:39 |don't need allies. I don't need people supporting me. I don't need worshipers.
832 |831 |01:14:39 ~-~-> 01:14:43 |I don't need cult members. I don't need students. I don't need it. I don't need
833 |832 |01:14:43 ~-~-> 01:14:47 |to do any of this stuff. I enjoy this stuff. I enjoy sharing it, and it just
834 |833 |01:14:47 ~-~-> 01:14:51 |pisses me off. And I see other people lie and they discredit me and say, Oh,
835 |834 |01:14:51 ~-~-> 01:14:54 |well, you didn't do this and you said this because it's somebody else's stuff
836 |835 |01:14:54 ~-~-> 01:14:58 |that's over here. It's horseshit. You got $5 million I'm gonna remind you all
837 |836 |01:14:58 ~-~-> 01:15:03 |$5 million Is you come forward and you show where any of the stuff I'm teaching
838 |837 |01:15:03 ~-~-> 01:15:14 |is found anywhere prior to me. And a lot of this shit was codified in 1996 prior
839 |838 |01:15:14 ~-~-> 01:15:18 |to that, it was conceptually being discovered. I was figuring out certain
840 |839 |01:15:18 ~-~-> 01:15:26 |things, but I put it in a format where it is linked to me, 1996 and all sudden,
841 |840 |01:15:26 ~-~-> 01:15:29 |you hear about stories about as a market maker that was flying on an airplane,
842 |841 |01:15:29 ~-~-> 01:15:33 |and I met this guy. And then all sudden, that's urban legend, but you're hearing
843 |842 |01:15:33 ~-~-> 01:15:39 |it right from that person that that guy's talking about. Hello. Think about
844 |843 |01:15:39 ~-~-> 01:15:44 |it, folks. I've been around the block for a long, long time, multiple times.
845 |844 |01:15:44 ~-~-> 01:15:48 |I've had more personalities online than you realize. Inner Circle triggers is
846 |845 |01:15:48 ~-~-> 01:15:58 |the longest one. A lot of big names have their hand in my cookie jar. Let's put
847 |846 |01:15:58 ~-~-> 01:16:04 |it that way, my hands not in theirs. So let's talk about the wicks. Okay, I had
848 |847 |01:16:04 ~-~-> 01:16:09 |fun. So let's get into the nitty gritty with it. If we refer back to this one
849 |848 |01:16:09 ~-~-> 01:16:14 |here, as I mentioned, if price is ever reaching up, okay, if price is ever
850 |849 |01:16:14 ~-~-> 01:16:18 |below it, and you have a reason to suspect that it may go up for the sake
851 |850 |01:16:18 ~-~-> 01:16:23 |of retracement, for the sake of a long trade, and it is likely to continuously
852 |851 |01:16:23 ~-~-> 01:16:27 |move higher. You have to contend with the information that's being presented
853 |852 |01:16:29 ~-~-> 01:16:35 |inside of the wick. Okay, inside of that wick, what specific information, if
854 |853 |01:16:35 ~-~-> 01:16:41 |you're below it, it's going to come up into that midpoint. The midpoint is
855 |854 |01:16:41 ~-~-> 01:16:46 |consequent encroachment. Why is it not mean threshold? Because it is a gap.
856 |855 |01:16:46 ~-~-> 01:16:53 |Gaps midpoints are always consequential to its return back into that range of
857 |856 |01:16:53 ~-~-> 01:16:59 |that gap. So consequent encroachment. It's encroaching on the mid part of that
858 |857 |01:16:59 ~-~-> 01:17:07 |gap, or inefficiency. So because I when I look at a wick, I treat it as a gap,
859 |858 |01:17:08 ~-~-> 01:17:13 |even though it moves in one single candle, passing from the open of that
860 |859 |01:17:13 ~-~-> 01:17:16 |candle down to the low I don't care how long it takes doing it. That's not an
861 |860 |01:17:16 ~-~-> 01:17:21 |important factor. The visual representation of that is enough for me,
862 |861 |01:17:21 ~-~-> 01:17:27 |then I go right in and I measure it. If it's a long range wick, something like
863 |862 |01:17:27 ~-~-> 01:17:30 |this one over here, I'm going to get a very specific calculation, and I want to
864 |863 |01:17:30 ~-~-> 01:17:34 |know the very number. But if it's short like this, I can eyeball that and say,
865 |864 |01:17:34 ~-~-> 01:17:39 |Okay, well, we're in close proximity to the 6pm opening price. We're also
866 |865 |01:17:40 ~-~-> 01:17:44 |approaching the consequence of this gap, which is this candle is low and this
867 |866 |01:17:44 ~-~-> 01:17:49 |candle is high, so half of that Okay, so here's a here's a convergence of three
868 |867 |01:17:49 ~-~-> 01:17:54 |things there that build on this is a good idea to anticipate lower prices.
869 |868 |01:17:54 ~-~-> 01:17:58 |But you already knew lower prices were in order back here, when I finally got
870 |869 |01:17:58 ~-~-> 01:18:02 |the stream going, you knew yesterday that this is where the NASDAQ could
871 |870 |01:18:02 ~-~-> 01:18:06 |potentially reach up into if it was going to continue to be higher. Look at
872 |871 |01:18:06 ~-~-> 01:18:14 |the turn there. What is this candle doing? Right there? This one. What's
873 |872 |01:18:14 ~-~-> 01:18:22 |this candle right here? What is it doing? It's trading below that short
874 |873 |01:18:22 ~-~-> 01:18:28 |term low? Yes, absolutely it is. But what else is it doing? It's validating
875 |874 |01:18:28 ~-~-> 01:18:34 |this candle, this candle as an order block. What kind of order block? It's a
876 |875 |01:18:34 ~-~-> 01:18:42 |bearish order. Well, so once we get below and close here, we have a shift in
877 |876 |01:18:42 ~-~-> 01:18:49 |market structure, but before we do that, that order block is validated. That's an
878 |877 |01:18:49 ~-~-> 01:18:53 |that's the change in a state of delivery. What does that mean? What does
879 |878 |01:18:53 ~-~-> 01:18:58 |that mean when I say it's a change in the state of delivery, this candle
880 |879 |01:18:58 ~-~-> 01:19:03 |opened and there was buy side delivery. That means the market's moving higher.
881 |880 |01:19:03 ~-~-> 01:19:08 |It keeps booking and offering higher prices. That is buy side delivery. It's
882 |881 |01:19:08 ~-~-> 01:19:13 |going up to go into that inefficiency I told you yesterday that would be an
883 |882 |01:19:13 ~-~-> 01:19:18 |upside objective. If it continued moving higher. It's also taking out this high
884 |883 |01:19:18 ~-~-> 01:19:23 |here, this high here, this high here, and the high formed at the 830 news
885 |884 |01:19:23 ~-~-> 01:19:28 |driver and release that it created there. So it went up there and kept that
886 |885 |01:19:28 ~-~-> 01:19:36 |gap in play, that old new week opening gap on july 28 of 2024 some old
887 |886 |01:19:36 ~-~-> 01:19:41 |reference point that everybody knows about these gaps. ICT, but nobody was
888 |887 |01:19:41 ~-~-> 01:19:47 |doing this with them. Nobody was extending them in the future. It was
889 |888 |01:19:47 ~-~-> 01:19:51 |filled, alright, that's done. Cast it out now. It's no longer valid. It's one
890 |889 |01:19:51 ~-~-> 01:19:58 |and done over. No, it's not. I've had so much fun over the years watching people
891 |890 |01:19:58 ~-~-> 01:20:04 |literally you. Uh, talk about price action, and it's staring right at them
892 |891 |01:20:04 ~-~-> 01:20:09 |every single day, every single week, for weeks at a time, and it's completely
893 |892 |01:20:09 ~-~-> 01:20:13 |they're oblivious to it, and they're taking trades that would otherwise be
894 |893 |01:20:13 ~-~-> 01:20:18 |contrary to what that implies. They aren't going to go long. We broke out
895 |894 |01:20:18 ~-~-> 01:20:21 |above here. So it's probably going to keep going because they're a momentum
896 |895 |01:20:21 ~-~-> 01:20:24 |trader, and they don't know this info. And they don't know this information.
897 |896 |01:20:24 ~-~-> 01:20:27 |They don't have this information that you were given yesterday. Do you see a
898 |897 |01:20:27 ~-~-> 01:20:31 |repeating phenomenon like I'm always able to tell you with these concepts
899 |898 |01:20:31 ~-~-> 01:20:36 |what is the most salient, and then the market behaves around them as a manner
900 |899 |01:20:36 ~-~-> 01:20:44 |of proving the concept, the logic and the pre determined aspects, it's before
901 |900 |01:20:44 ~-~-> 01:20:48 |it happens, not after the fact. It's before it happens. Because if these
902 |901 |01:20:48 ~-~-> 01:20:53 |things don't have a logic that I'm able to tap into, and it never is deviating
903 |902 |01:20:53 ~-~-> 01:20:56 |or changing or morphing into something else, that means I'm confident. That
904 |903 |01:20:56 ~-~-> 01:21:00 |means I'm to a lot of people's perspective, I'm arrogant and conceited
905 |904 |01:21:00 ~-~-> 01:21:07 |and narcissistic, okay? Because I'm absolutely confident that this is going
906 |905 |01:21:07 ~-~-> 01:21:11 |to continuously keep working. That's why when I talk, I don't sound like I'm
907 |906 |01:21:11 ~-~-> 01:21:16 |second guessing myself. I speak with authority. That's why that tone is
908 |907 |01:21:16 ~-~-> 01:21:22 |always there, because it's mine. It's mine, okay? And I'm sharing something
909 |908 |01:21:22 ~-~-> 01:21:29 |that you wouldn't otherwise know about. But if we look at these elements, and
910 |909 |01:21:29 ~-~-> 01:21:34 |you introduce the idea of swing points, if you're trying to capture a reversal
911 |910 |01:21:34 ~-~-> 01:21:35 |pattern, okay,
912 |911 |01:21:37 ~-~-> 01:21:44 |there's two forms of reversal I want you to think about, okay, there are
913 |912 |01:21:44 ~-~-> 01:21:53 |reversals. For the sake of changing a buy or sell program into an opposing buy
914 |913 |01:21:53 ~-~-> 01:22:00 |or sell, meaning this, we have, the market's been going higher prior, you
915 |914 |01:22:00 ~-~-> 01:22:09 |know, prior to day 30, we had this, all this consolidation overnight, all this
916 |915 |01:22:09 ~-~-> 01:22:16 |meandering around. We had to stop hunt, rally up, and then go to where we were
917 |916 |01:22:16 ~-~-> 01:22:22 |talking about yesterday. All of this is higher than where we were trading
918 |917 |01:22:22 ~-~-> 01:22:28 |yesterday at the beginning of the stream, 915 or so yesterday, Eastern
919 |918 |01:22:28 ~-~-> 01:22:33 |Time. So it's been going higher. And it went to some random level that was given
920 |919 |01:22:33 ~-~-> 01:22:40 |to you in advance yesterday. And then it behaves like this, breaks down. So we've
921 |920 |01:22:40 ~-~-> 01:22:44 |been a part of a buy program. It's been going higher. We had to wait for the
922 |921 |01:22:44 ~-~-> 01:22:48 |news driver this morning, and it continued going into the upper, higher
923 |922 |01:22:48 ~-~-> 01:22:52 |premium levels that we talked about yesterday. Towards the end of the
924 |923 |01:22:52 ~-~-> 01:22:55 |stream, I gave you, okay, what do we do with now where it's at? And I walked you
925 |924 |01:22:55 ~-~-> 01:22:59 |through certain aspects of where the price could go if it's going to remain
926 |925 |01:22:59 ~-~-> 01:23:05 |going bullish. Here we have it. It trades up to it here, and then it folds
927 |926 |01:23:05 ~-~-> 01:23:11 |and drops. Now, if I didn't teach the new week opening gap, if you didn't know
928 |927 |01:23:11 ~-~-> 01:23:21 |anything about this concept, okay, this run above this high for a majority of
929 |928 |01:23:21 ~-~-> 01:23:24 |you, you wouldn't, you wouldn't expect that type of reaction going there and
930 |929 |01:23:24 ~-~-> 01:23:29 |then breaking down. You wouldn't expect it if I wouldn't have taught fair value
931 |930 |01:23:29 ~-~-> 01:23:33 |gaps, you would have never even looked at this area here as a point of interest
932 |931 |01:23:33 ~-~-> 01:23:40 |for you to study it, using it as a point of entry, going short. If I wouldn't
933 |932 |01:23:40 ~-~-> 01:23:46 |have taught breakers, which is what this is, high, low, higher, high. That takes
934 |933 |01:23:46 ~-~-> 01:23:50 |out liquidity. But notice it's taking out liquidity, and then it's going
935 |934 |01:23:50 ~-~-> 01:23:55 |somewhere specific. It's not just going above. It's not, oh, this is an
936 |935 |01:23:55 ~-~-> 01:23:59 |engulfing candle. It's a fu candle. That's an institutional candle. It is
937 |936 |01:23:59 ~-~-> 01:24:07 |not an institutional candle. This is an order block. These three the I'm sorry,
938 |937 |01:24:07 ~-~-> 01:24:12 |these two candles here, but it's that opening price that is the change in the
939 |938 |01:24:12 ~-~-> 01:24:16 |state of delivery. So when I say it's a change in the state of delivery, Caleb,
940 |939 |01:24:16 ~-~-> 01:24:21 |I'm telling you that what was in play prior to those candles formation, where
941 |940 |01:24:21 ~-~-> 01:24:28 |was the market going up? So that means the market was in buy side, delivery.
942 |941 |01:24:30 ~-~-> 01:24:36 |Suspend your disbelief for a moment. Okay, just give me the moment to speak
943 |942 |01:24:36 ~-~-> 01:24:39 |in these terms. If you're one of those individuals that are in the audience
944 |943 |01:24:40 ~-~-> 01:24:44 |listening and you think there's no there's no algorithm, bro, I work at so
945 |944 |01:24:44 ~-~-> 01:24:47 |and so investment bank. There's no fucking algorithm. Okay, come out here
946 |945 |01:24:47 ~-~-> 01:24:50 |and do this, what I'm doing, and I walk, I'll walk circles around your ass. You
947 |946 |01:24:50 ~-~-> 01:24:54 |can use all the bullshit that Goldman Sachs and all the fucking city, all the
948 |947 |01:24:54 ~-~-> 01:24:57 |all the shit that you use. You come out here live stream, and I'll tell you
949 |948 |01:24:57 ~-~-> 01:25:01 |every fucking one minute candle, and I will call it all. Day long, and I'll run
950 |949 |01:25:01 ~-~-> 01:25:06 |circles around your ass. The invitation is open. It's open if you want to come
951 |950 |01:25:06 ~-~-> 01:25:09 |out here and get on blast Street, come out here and get on blast Street,
952 |951 |01:25:09 ~-~-> 01:25:13 |because I will make your shit look like Mickey Mouse Romper Room nonsense. Okay.
953 |952 |01:25:15 ~-~-> 01:25:19 |The change in a state of delivery, in this instance, is we move from buy side
954 |953 |01:25:19 ~-~-> 01:25:23 |delivery. That means it's being offered higher prices, not because of buying
955 |954 |01:25:23 ~-~-> 01:25:28 |pressure, not because an absence of selling pressure. Okay, it's
956 |955 |01:25:28 ~-~-> 01:25:33 |algorithmically delivering to a fucking level I gave you yesterday. How's that
957 |956 |01:25:33 ~-~-> 01:25:40 |possible? How is that possible? If the markets are random, if it's not rigged,
958 |957 |01:25:41 ~-~-> 01:25:46 |if it's not rigged, I couldn't do this stuff. I couldn't see here on a live
959 |958 |01:25:46 ~-~-> 01:25:50 |stream with the lowest latency and point out certain things in price action, and
960 |959 |01:25:50 ~-~-> 01:25:56 |they deliver over and over and over again. If they weren't rigged, I
961 |960 |01:25:56 ~-~-> 01:26:01 |couldn't do that. But because they are rigged, you should find solace in that
962 |961 |01:26:01 ~-~-> 01:26:07 |you should fucking walk around with a hard on. You should be thankful that
963 |962 |01:26:07 ~-~-> 01:26:12 |it's like this, because it's something that's going to repeat and it's going to
964 |963 |01:26:12 ~-~-> 01:26:16 |give you a happy ending every fucking time you use it, because it's there for
965 |964 |01:26:16 ~-~-> 01:26:22 |you to take it. It's there for you to take it. But prior to me revealing it,
966 |965 |01:26:23 ~-~-> 01:26:34 |it's an unknown, it's something I had fun with, if they're my toys. So the
967 |966 |01:26:34 ~-~-> 01:26:41 |change in a state of delivery at the opening price of an order block flips it
968 |967 |01:26:42 ~-~-> 01:26:48 |from, in this case, from buy side delivery offering higher prices again.
969 |968 |01:26:48 ~-~-> 01:26:51 |Don't think buying selling pressure, just think it's going to offer, offer,
970 |969 |01:26:51 ~-~-> 01:26:54 |offer, offer, until it gets to that price level right there that you knew
971 |970 |01:26:54 ~-~-> 01:27:03 |about yesterday. Then does it reject it? Yes, it does. Does it overshoot the
972 |971 |01:27:03 ~-~-> 01:27:09 |opening price right there? It does. And I don't need, I don't need to see it
973 |972 |01:27:09 ~-~-> 01:27:18 |close below it. Fu candle, fucking 20 words, but there's 20 year olds that
974 |973 |01:27:18 ~-~-> 01:27:25 |they'll eat that shit up, though, won't they? Chairman, Chairman.
975 |974 |01:27:25 ~-~-> 01:27:27 |They call themselves fucking chairman,
976 |975 |01:27:27 ~-~-> 01:27:30 |sitting there, fucking chair. Boy, you know you're talking about the opening
977 |976 |01:27:30 ~-~-> 01:27:33 |price is the change in a state delivery. In this case, soon as we get that cross
978 |977 |01:27:33 ~-~-> 01:27:38 |over there, the algorithm changes its state of delivery from buy side delivery
979 |978 |01:27:39 ~-~-> 01:27:40 |to sell side delivery.
980 |979 |01:27:42 ~-~-> 01:27:42 |Oh,
981 |980 |01:27:44 ~-~-> 01:27:49 |so that means it's going to refer to this price. It can color a little bit
982 |981 |01:27:49 ~-~-> 01:27:56 |above it, up to how much Michael, how much of a gray area is this if it wants
983 |982 |01:27:56 ~-~-> 01:28:02 |to trade back into that mean threshold, how do you properly outline that you
984 |983 |01:28:02 ~-~-> 01:28:09 |take the opening price, opening price, man, I should be charging money for this
985 |984 |01:28:09 ~-~-> 01:28:12 |shit if you like what you're learning today, if you're really having a good
986 |985 |01:28:12 ~-~-> 01:28:15 |time hanging out with me and learning shit that nobody else on this planet is
987 |986 |01:28:15 ~-~-> 01:28:19 |going to ever teach you, the stuff that really works that causes these markets
988 |987 |01:28:19 ~-~-> 01:28:22 |to turn on a dime, on a time schedule that you can predict and expect and
989 |988 |01:28:22 ~-~-> 01:28:26 |forecast weeks and months and years in advance. If you're having fun, I'd
990 |989 |01:28:26 ~-~-> 01:28:29 |appreciate a thumbs up. You guys got real lazy the last few times you haven't
991 |990 |01:28:29 ~-~-> 01:28:32 |been giving me thumbs up. Told you that's our currency here. That means
992 |991 |01:28:32 ~-~-> 01:28:37 |that I'm hitting the sweet spots. I'm I'm touching your G spot. I'm tickling
993 |992 |01:28:37 ~-~-> 01:28:40 |your ass with a feather. I'm giving you things that you've been wanting all this
994 |993 |01:28:40 ~-~-> 01:28:45 |time I'm delivering it and I'm doing it over a live stream. What else could you
995 |994 |01:28:45 ~-~-> 01:28:49 |want? What else do you want? You want to see? Any trade?
996 |995 |01:28:49 ~-~-> 01:28:50 |You'll get it.
997 |996 |01:28:51 ~-~-> 01:28:55 |It's coming. But I gotta give you the logic that we're using so that way you
998 |997 |01:28:55 ~-~-> 01:28:58 |can see every time I'm doing, oh, it's the same shit he talked about. Yeah,
999 |998 |01:28:59 ~-~-> 01:29:06 |it's the same stuff all the time, but this, this rally up in here. Okay, the
1000 |999 |01:29:06 ~-~-> 01:29:11 |body, body, the wicks are what? That's where the that's where the little like
1001 |1000 |01:29:11 ~-~-> 01:29:17 |the fuzzy areas, the the parts that like your child, that colors for you. They're
1002 |1001 |01:29:17 ~-~-> 01:29:20 |coloring the picture, and you see them color outside the lines a little bit.
1003 |1002 |01:29:20 ~-~-> 01:29:23 |Again, I mentioned the analogy last week. You're not going to scold your
1004 |1003 |01:29:23 ~-~-> 01:29:26 |child because they colored Outside the Lines. You're going to be like they
1005 |1004 |01:29:26 ~-~-> 01:29:29 |signed their little name probably misspelled something. You're going to go
1006 |1005 |01:29:29 ~-~-> 01:29:32 |to your office at work or you want to put on your refrigerator home, and
1007 |1006 |01:29:32 ~-~-> 01:29:37 |you're going to celebrate it. It's it's to you meaningful. Well, you're not
1008 |1007 |01:29:37 ~-~-> 01:29:41 |making a big deal about your child calling outside the lines. So I'm not
1009 |1008 |01:29:41 ~-~-> 01:29:44 |making a big deal about my algorithm coloring outside the lines by these
1010 |1009 |01:29:44 ~-~-> 01:29:49 |little, tiny, little nodes of internet price action, where it just goes just a
1011 |1010 |01:29:49 ~-~-> 01:29:55 |little bit outside, because they're all covid too. That's where the damage is
1012 |1011 |01:29:55 ~-~-> 01:29:59 |done. So I want you to focus on what the bodies are telling you inside those.
1013 |1012 |01:30:00 ~-~-> 01:30:07 |Bodies. You want to measure that because the mean threshold of the bodies in not
1014 |1013 |01:30:07 ~-~-> 01:30:11 |just single candle, but because they're consecutively up close candles, that
1015 |1014 |01:30:11 ~-~-> 01:30:14 |makes the bearish order block. It's not just the last up close candle before
1016 |1015 |01:30:14 ~-~-> 01:30:20 |down there. That was the trap. I knew people would go out there and start
1017 |1016 |01:30:20 ~-~-> 01:30:23 |using it and start pretending like they didn't learn it from me. It from me. Oh,
1018 |1017 |01:30:23 ~-~-> 01:30:28 |it's white cough. Oh, it's applying to man, bullshit. You have to take all of
1019 |1018 |01:30:28 ~-~-> 01:30:32 |the candles, because this is the state of delivery that was in play. Buy some
1020 |1019 |01:30:33 ~-~-> 01:30:39 |soon as we cross this opening price right there. That means the algorithm
1021 |1020 |01:30:39 ~-~-> 01:30:46 |has changed, switched script. Now it's offering sell side. That means it's
1022 |1021 |01:30:46 ~-~-> 01:30:51 |going to explore lower prices. Is it just going to randomly pull shit out of
1023 |1022 |01:30:51 ~-~-> 01:30:55 |its ass and say, Well, you know, let's just go down here. Let's go over here.
1024 |1023 |01:30:56 ~-~-> 01:30:59 |Or think about like this, and I'm obviously being facetious. I'm being a
1025 |1024 |01:30:59 ~-~-> 01:31:03 |dick right now, because I want you to understand the fallacy and believing
1026 |1025 |01:31:03 ~-~-> 01:31:06 |that there is no algorithm, that these things are just completely random buying
1027 |1026 |01:31:06 ~-~-> 01:31:11 |and selling pressure. Pray tell. How the fuck are we going from the opening price
1028 |1027 |01:31:11 ~-~-> 01:31:14 |here, and we're trading up into that little range here, but we're staying
1029 |1028 |01:31:14 ~-~-> 01:31:17 |below the midpoint, which is mean threshold we are not piercing, and going
1030 |1029 |01:31:17 ~-~-> 01:31:23 |above that fair value guy, we stopped one tick below it. So it's like
1031 |1030 |01:31:25 ~-~-> 01:31:32 |something other than everybody else's retail stuff. How is it that the
1032 |1031 |01:31:32 ~-~-> 01:31:36 |market's going to reach back through all of this price range, from that high down
1033 |1032 |01:31:36 ~-~-> 01:31:41 |to that low? Where is it going to gravitate to? And why is it the same
1034 |1033 |01:31:41 ~-~-> 01:31:44 |logic that I'm teaching and taught millions of people around the world,
1035 |1034 |01:31:45 ~-~-> 01:31:48 |they're able to use this information, and they're able to get funded account
1036 |1035 |01:31:48 ~-~-> 01:31:51 |payout. They're able to trade with real brokerage firms, not some horseshit real
1037 |1036 |01:31:51 ~-~-> 01:31:57 |brokerage firms, and getting withdrawals and paid out. They're paying taxes on
1038 |1037 |01:31:57 ~-~-> 01:32:04 |their trading wins. It's not Market Replay stuff. Okay, how is it that the
1039 |1038 |01:32:04 ~-~-> 01:32:11 |things I'm talking about and how the market will reach back to them? Why does
1040 |1039 |01:32:11 ~-~-> 01:32:16 |that occur more than anything else out there? And how is it that if, if there's
1041 |1040 |01:32:16 ~-~-> 01:32:21 |so many, if there's so many things in this industry that you can use to trade
1042 |1041 |01:32:21 ~-~-> 01:32:27 |off of. And yes, you can do that. You can trade on, you know, anything,
1043 |1042 |01:32:29 ~-~-> 01:32:33 |whether, like, I made fun of yesterday, the lunar cycles and whatnot, the
1044 |1043 |01:32:33 ~-~-> 01:32:38 |planetary alignment, all that stuff is nonsense. That's that doesn't make the
1045 |1044 |01:32:38 ~-~-> 01:32:44 |market go up or down. It doesn't do that. So if there are all these
1046 |1045 |01:32:44 ~-~-> 01:32:51 |different principles and disciplines of trading, how is it that the market
1047 |1046 |01:32:52 ~-~-> 01:33:01 |agrees to use the theology around Valli wave one particular day or harmonic
1048 |1047 |01:33:01 ~-~-> 01:33:09 |patterns this day, or Dow Theory this day, or supply and demand this day, or
1049 |1048 |01:33:09 ~-~-> 01:33:16 |white goth this day, because they all do not agree. Folks study them. I have I
1050 |1049 |01:33:16 ~-~-> 01:33:22 |listened to all that horse shit in my first three years, and every bit of it
1051 |1050 |01:33:22 ~-~-> 01:33:30 |is dog shit. It's dog shit, it's all dog squeeze. It absolutely has no bearing on
1052 |1051 |01:33:30 ~-~-> 01:33:33 |what price is going to do, but it feels good having your faith placed in
1053 |1052 |01:33:33 ~-~-> 01:33:37 |something so therefore it gives that team mentality. And that's why everybody
1054 |1053 |01:33:37 ~-~-> 01:33:41 |that's outside of my community when I teach this stuff, regardless of how
1055 |1054 |01:33:41 ~-~-> 01:33:44 |precise it is, regardless of how many people are making money with it,
1056 |1055 |01:33:44 ~-~-> 01:33:47 |regardless of how many people have proven it works, not in my own hands.
1057 |1056 |01:33:47 ~-~-> 01:33:51 |That's not enough everybody else that has done it and used it and make money
1058 |1057 |01:33:51 ~-~-> 01:33:57 |with it, you have a huge daunting task of proving it doesn't work when you have
1059 |1058 |01:33:57 ~-~-> 01:34:02 |such an army of witnesses proving that it does work. But everybody outside our
1060 |1059 |01:34:02 ~-~-> 01:34:07 |community takes shots at me because I'm very I'm I'm an equal opportunity prick.
1061 |1060 |01:34:07 ~-~-> 01:34:10 |I'm gonna piss in the corn flakes of everybody else's stuff, because it all
1062 |1061 |01:34:10 ~-~-> 01:34:16 |doesn't work, because they think it works. That's not enough. You can't sit
1063 |1062 |01:34:16 ~-~-> 01:34:19 |out here in every single candle use your theology and explain why it's gonna do
1064 |1063 |01:34:19 ~-~-> 01:34:23 |it. You can't call your shit beforehand and map it out all day long. On a one
1065 |1064 |01:34:23 ~-~-> 01:34:27 |minute sharp you can't do it. You'll have a hit and miss type thing once in a
1066 |1065 |01:34:27 ~-~-> 01:34:32 |while. It'll happen, but you'll champion that like a like a pony. Here's the pony
1067 |1066 |01:34:32 ~-~-> 01:34:36 |show. Look at this. Here's my one trick pony win today. But it's all together
1068 |1067 |01:34:36 ~-~-> 01:34:39 |something when you're out here over life, price action, not Market Replay,
1069 |1068 |01:34:39 ~-~-> 01:34:44 |not hindsight, shit, you have to be able to draw the analogies from something you
1070 |1069 |01:34:44 ~-~-> 01:34:52 |have seen work for decades, that you had a hand in, that you authored.
1071 |1070 |01:34:54 ~-~-> 01:34:58 |You get what I'm putting down. You getting it? Are you getting it? You.
1072 |1071 |01:35:02 ~-~-> 01:35:06 |There's nothing like this, because everything else is external to the
1073 |1072 |01:35:06 ~-~-> 01:35:12 |market. I am the market. This is the actual source code. This is the stuff
1074 |1073 |01:35:12 ~-~-> 01:35:18 |that goes on every day. And when they put their hands in there and they start
1075 |1074 |01:35:18 ~-~-> 01:35:22 |monkeying around with it, you have to take a step back, wait for it to go back
1076 |1075 |01:35:22 ~-~-> 01:35:31 |into doing normal filing at scripts, but we can identify when a script is
1077 |1076 |01:35:31 ~-~-> 01:35:39 |changed. Remember that little scene in the movie The Matrix. They're inside the
1078 |1077 |01:35:39 ~-~-> 01:35:44 |building, and they're inside the matrix, if you will. And Neo sees that little
1079 |1078 |01:35:44 ~-~-> 01:35:49 |black cat. He walks out in the opening of the doorway, and all of a sudden he
1080 |1079 |01:35:49 ~-~-> 01:35:54 |sees it again. And he says, That's weird, you know, I'm having like a deja
1081 |1080 |01:35:54 ~-~-> 01:35:58 |vu moment. And she because they all realized that he noticed something. And
1082 |1081 |01:35:58 ~-~-> 01:36:03 |true. Yes, it's a movie, but the analogy is the same. They said, What did you
1083 |1082 |01:36:03 ~-~-> 01:36:08 |see? He goes, Well, I saw a cat, and then I saw it again. Because, oh, they
1084 |1083 |01:36:08 ~-~-> 01:36:13 |just made a change. They just made a change. That's what this is doing. Okay,
1085 |1084 |01:36:14 ~-~-> 01:36:17 |watch what's happening. The market trades out to a level you were told to
1086 |1085 |01:36:17 ~-~-> 01:36:21 |anticipate yesterday as an upside objective, the fact that it draws to it
1087 |1086 |01:36:21 ~-~-> 01:36:26 |is one part. But does it draw to it after creating relative equal highs,
1088 |1087 |01:36:27 ~-~-> 01:36:31 |failing to hit it on the 830 news driver, because I would have preferred,
1089 |1088 |01:36:31 ~-~-> 01:36:36 |I would have preferred truth be told. While watching it, I anticipated that to
1090 |1089 |01:36:36 ~-~-> 01:36:41 |hit that. I was surprised that it didn't. But all it did was stay inside
1091 |1090 |01:36:41 ~-~-> 01:36:46 |the range right here, so they left that high intact there, traded just a little
1092 |1091 |01:36:46 ~-~-> 01:36:50 |bit above that one there and right in here. So what are they doing? What are
1093 |1092 |01:36:50 ~-~-> 01:36:55 |they doing and as a helping hand to the retail trader? Well, they're giving them
1094 |1093 |01:36:55 ~-~-> 01:36:59 |what they're looking for, right? They're giving them resistance. So what are they
1095 |1094 |01:36:59 ~-~-> 01:37:03 |going to do? They're going to try to sell short rate at this level, or maybe
1096 |1095 |01:37:03 ~-~-> 01:37:06 |just a little bit above, once it starts moving in their favor, because now
1097 |1096 |01:37:06 ~-~-> 01:37:09 |they're convinced it's going to go lower. So where are they going to put
1098 |1097 |01:37:09 ~-~-> 01:37:13 |their stop loss? Oh, that's easy, right above where the books tell them, right
1099 |1098 |01:37:13 ~-~-> 01:37:16 |above these highs. And it's not a good enough point to do that. The ones that
1100 |1099 |01:37:16 ~-~-> 01:37:20 |are real prudent, they don't want to, they don't want to get stopped out
1101 |1100 |01:37:20 ~-~-> 01:37:24 |because, hey, they know enough about support and resistance that sometimes it
1102 |1101 |01:37:24 ~-~-> 01:37:27 |goes just a little bit above it, so they're going to be really smart and put
1103 |1102 |01:37:27 ~-~-> 01:37:31 |their stop loss rate above that high there. Okay, well, the algorithm knows
1104 |1103 |01:37:31 ~-~-> 01:37:36 |that, because those highs and lows are formed by it, not the buying and selling
1105 |1104 |01:37:36 ~-~-> 01:37:39 |pressure, but it also knows the fucking shit that I gave you yesterday, which is
1106 |1105 |01:37:39 ~-~-> 01:37:43 |the logic it's going to go up to some random bullshit level found in another
1107 |1106 |01:37:43 ~-~-> 01:37:52 |retail idea, nope. New week opening. Got right there. Bang. Then it overlaps. It
1108 |1107 |01:37:52 ~-~-> 01:37:58 |changes the state of delivery from buy side to sell side. That means every
1109 |1108 |01:37:58 ~-~-> 01:38:06 |premium array, everything that could be used as an ICT trader, Smart Money
1110 |1109 |01:38:06 ~-~-> 01:38:10 |concepts that are used for shorts, anything that would prevent price from
1111 |1110 |01:38:10 ~-~-> 01:38:16 |going any higher. That's what your eyeball starts looking for. Okay, but
1112 |1111 |01:38:16 ~-~-> 01:38:22 |you go through the range, this is where we need to high. This is where we change
1113 |1112 |01:38:22 ~-~-> 01:38:26 |the state of delivery. And now we're in a move that is in sell side delivery.
1114 |1113 |01:38:26 ~-~-> 01:38:29 |That means you're in a sell program, folks. That means the market's going
1115 |1114 |01:38:29 ~-~-> 01:38:35 |lower for the Express purposes of repricing to any inefficiency. That
1116 |1115 |01:38:35 ~-~-> 01:38:39 |means a fair value gap, buy side, imbalance, sell side, efficiency, sell
1117 |1116 |01:38:39 ~-~-> 01:38:44 |side and balance, cell sign in efficiency or WIC, consequent
1118 |1117 |01:38:44 ~-~-> 01:38:53 |encroachment, good, ICP, it's starting to make sense to me. Good. From that
1119 |1118 |01:38:53 ~-~-> 01:38:58 |high to that low, we can go back through and see everything over here and down
1120 |1119 |01:38:58 ~-~-> 01:39:04 |into that WIC, where's the pertinent, useful information? Now think about
1121 |1120 |01:39:04 ~-~-> 01:39:09 |this. Think because Wyckoff doesn't do this, supply demand doesn't do this.
1122 |1121 |01:39:10 ~-~-> 01:39:13 |Elliot wave has no fucking idea he's he's still waiting for a wave. He's
1123 |1122 |01:39:14 ~-~-> 01:39:20 |sitting out there on a surfboard waiting the covid. ICT is out here, calling it
1124 |1123 |01:39:20 ~-~-> 01:39:27 |live, riding the big waves, calling every little, tiny, little tube going
1125 |1124 |01:39:27 ~-~-> 01:39:31 |through it. You can see me out there. See, see the sun glistening off the
1126 |1125 |01:39:31 ~-~-> 01:39:34 |crest of the wave, and see that, look at that. I'm not even getting sun fucking
1127 |1126 |01:39:34 ~-~-> 01:39:38 |burned. It's beautiful. There's some block necessary. I'm bringing the
1128 |1127 |01:39:38 ~-~-> 01:39:45 |fucking heat. This guy's a character. So the high to that low, you go back
1129 |1128 |01:39:45 ~-~-> 01:39:50 |through all the price movement here, okay, and what you're looking for is
1130 |1129 |01:39:50 ~-~-> 01:39:55 |anything that was offered as a discount array when it was going up to that high,
1131 |1130 |01:39:56 ~-~-> 01:40:02 |it will reverse its role. That's how I know what. Chpd array to use as an
1132 |1131 |01:40:02 ~-~-> 01:40:09 |inversion level. Okay, if we are looking for in here, let's see it like this. See
1133 |1132 |01:40:09 ~-~-> 01:40:14 |how we have we have a gap here, and we have a gap here, and we also have this
1134 |1133 |01:40:14 ~-~-> 01:40:20 |down closed candle, so we have a gap inside of the range of an order block.
1135 |1134 |01:40:22 ~-~-> 01:40:27 |You have to look at that and think, okay, that's something that we can use
1136 |1135 |01:40:27 ~-~-> 01:40:33 |as a buy. And we see it there, and it was valid there until we get to this
1137 |1136 |01:40:33 ~-~-> 01:40:41 |high and over here. So this has been used there as a buy. So extending it
1138 |1137 |01:40:41 ~-~-> 01:40:47 |further over here, what can we anticipate acting as some form of
1139 |1138 |01:40:47 ~-~-> 01:40:52 |resistance, an inversion. Okay, so order blocks, they can they can invert. They
1140 |1139 |01:40:52 ~-~-> 01:40:56 |can reverse their role, their characteristics can change, just like
1141 |1140 |01:40:56 ~-~-> 01:41:00 |these candles here are showing you that little glitch in the matrix, that deja
1142 |1141 |01:41:00 ~-~-> 01:41:04 |vu moment where Neo said I saw a cat, and I feel like I saw that same cat do
1143 |1142 |01:41:04 ~-~-> 01:41:08 |the same thing. And the other members, like Trinity and Morpheus and whoever
1144 |1143 |01:41:08 ~-~-> 01:41:11 |else did, the people, I don't remember their names, they were like, Oh no,
1145 |1144 |01:41:11 ~-~-> 01:41:15 |there's a change. We gotta go, because they know that the agents were in there
1146 |1145 |01:41:15 ~-~-> 01:41:19 |making changes, and they're gonna they found them basically, okay, well, what
1147 |1146 |01:41:19 ~-~-> 01:41:23 |you're doing is you're looking for these little changes in the algorithm. When
1148 |1147 |01:41:23 ~-~-> 01:41:30 |price changes its routine, they're never, ever, ever going to be able to
1149 |1148 |01:41:30 ~-~-> 01:41:35 |change this, folks. I don't know how to say it any plainer than that. Okay, what
1150 |1149 |01:41:35 ~-~-> 01:41:40 |they can do, let's let me make, let me make some Devil's advocates, these
1151 |1150 |01:41:40 ~-~-> 01:41:44 |little, these little, okay, this is what could happen. But it still does just
1152 |1151 |01:41:44 ~-~-> 01:41:47 |change it. It just means that you might take a trade with this information and
1153 |1152 |01:41:47 ~-~-> 01:41:50 |then they run that hide one more time. Boom. Okay, well, you just got stopped
1154 |1153 |01:41:50 ~-~-> 01:41:55 |out. That's all that's happened to me before it's happened. You watched me do
1155 |1154 |01:41:55 ~-~-> 01:41:58 |it the other day. I was showing you my trade. I knew I even told my son. I
1156 |1155 |01:41:58 ~-~-> 01:42:04 |said, I'm going to show my trade, and as soon as I make my stop loss public, good
1157 |1156 |01:42:04 ~-~-> 01:42:08 |old Phil right to the stop, and then it'll go where I want to go. But doesn't
1158 |1157 |01:42:08 ~-~-> 01:42:11 |change the fact that there's a winning trade. But the point is,
1159 |1158 |01:42:12 ~-~-> 01:42:12 |if
1160 |1159 |01:42:12 ~-~-> 01:42:16 |you get stopped out, you just got stopped out on that transit, that
1161 |1160 |01:42:16 ~-~-> 01:42:20 |transaction, it's just one trade that that's the outcome of that one. But you
1162 |1161 |01:42:20 ~-~-> 01:42:23 |can't take your attention and say, well, this means everything's flawed. It never
1163 |1162 |01:42:23 ~-~-> 01:42:29 |it's never going to work. So let me go find an indicator. No, it just means
1164 |1163 |01:42:29 ~-~-> 01:42:33 |that that individual transaction, like that one day, driving to work and you
1165 |1164 |01:42:33 ~-~-> 01:42:36 |got a flat tire. You didn't know you're going to get a flat tire. Is it possible
1166 |1165 |01:42:36 ~-~-> 01:42:40 |you're going to get a flat tire? Sure. Are you going to stop going to your job
1167 |1166 |01:42:40 ~-~-> 01:42:44 |pissed off in defiance because you got a flat tire. There must be something about
1168 |1167 |01:42:44 ~-~-> 01:42:49 |that place where I work at fuck that guy. Fuck that person that runs that
1169 |1168 |01:42:49 ~-~-> 01:42:52 |company. Fuck that company. Fuck all the time and tenure I put into it I got a
1170 |1169 |01:42:52 ~-~-> 01:42:56 |flat tire. Fuck them. I'm never coming back. That's what you're doing. When you
1171 |1170 |01:42:56 ~-~-> 01:43:01 |say I'm gonna work with a methodology, but first time it fails on me. I'm done.
1172 |1171 |01:43:01 ~-~-> 01:43:04 |I'm looking for the offering. I'm gonna change. I'm gonna start looking. That's
1173 |1172 |01:43:04 ~-~-> 01:43:09 |a system hopping and traders that start out in the beginning. They do a lot of
1174 |1173 |01:43:09 ~-~-> 01:43:12 |that. I did it right? I ain't got no shame in telling you, because I didn't
1175 |1174 |01:43:12 ~-~-> 01:43:17 |know any better. But when you come here, when you're listening to me, I might not
1176 |1175 |01:43:17 ~-~-> 01:43:21 |be so eloquent all the time when I speak, I may not be your cup of tea for
1177 |1176 |01:43:21 ~-~-> 01:43:25 |someone to listen to around your children, okay? But I'm not gonna give
1178 |1177 |01:43:25 ~-~-> 01:43:28 |you bullshit. I'm gonna give you the stuff that works. I'm gonna cut to the
1179 |1178 |01:43:28 ~-~-> 01:43:33 |bone marrow. I'm gonna get right down to what matters most. And you think I'm not
1180 |1179 |01:43:33 ~-~-> 01:43:36 |getting to what matters you're not getting to the point. ICT, the point is
1181 |1180 |01:43:36 ~-~-> 01:43:40 |you're gonna fuck up if you don't listen to everything. I'm telling you, that's
1182 |1181 |01:43:40 ~-~-> 01:43:45 |the point. But you don't want to hear it. It's good medicine. It might not
1183 |1182 |01:43:45 ~-~-> 01:43:53 |taste all that good, but swallow. Okay, swallow. It's good for you. So now, when
1184 |1183 |01:43:53 ~-~-> 01:43:57 |this cross over that opening price, we're interested in seeing everything
1185 |1184 |01:43:57 ~-~-> 01:44:04 |gravitate lower. So because I'm teaching my son incrementally to build in these
1186 |1185 |01:44:04 ~-~-> 01:44:10 |objectives of just looking for small, little modular moves, small little
1187 |1186 |01:44:10 ~-~-> 01:44:14 |modular moves. Let me get this off now, because they asked over on Instagram,
1188 |1187 |01:44:14 ~-~-> 01:44:17 |pretend to be me with 2000 followers. Whether they're real or not, I don't
1189 |1188 |01:44:17 ~-~-> 01:44:25 |know. I love pissing in his face all the time. So the that level right there, it
1190 |1189 |01:44:25 ~-~-> 01:44:30 |goes up and just touches. Well, it doesn't touch really, because that's too
1191 |1190 |01:44:30 ~-~-> 01:44:36 |high. We were one tick away, a half a tick away and a quarter tick away in
1192 |1191 |01:44:36 ~-~-> 01:44:45 |here, but then get into the Fairbank. Yeah, it did use the breaker here, and
1193 |1192 |01:44:45 ~-~-> 01:44:49 |it did qualify and prove that that change in the state of delivery, we want
1194 |1193 |01:44:49 ~-~-> 01:44:53 |to see it roll over. It does this wick. We talked about how, when it went
1195 |1194 |01:44:53 ~-~-> 01:44:58 |through, that the market's going to come right back up, because it's going to use
1196 |1195 |01:44:58 ~-~-> 01:45:03 |this reference point and this. Fair value gap and this old key price level
1197 |1196 |01:45:03 ~-~-> 01:45:06 |at 6pm the opening. Because there's no difference between where we closed
1198 |1197 |01:45:06 ~-~-> 01:45:11 |yesterday at 5pm that closing price and the first print at 6pm they're same
1199 |1198 |01:45:11 ~-~-> 01:45:15 |price. So you're just going to draw a line like that. You can annotate that
1200 |1199 |01:45:15 ~-~-> 01:45:19 |anything you want. You can call it the 6pm opening price, no gap. Or you can
1201 |1200 |01:45:19 ~-~-> 01:45:26 |just say new session starts 6pm there's, I don't ever have a name. It's just I
1202 |1201 |01:45:26 ~-~-> 01:45:30 |draw a line. Okay, so if I wanted to have a name for it, it'd be one of
1203 |1202 |01:45:30 ~-~-> 01:45:33 |those. You can, you can name it whatever you want. I'm sure it'll be in
1204 |1203 |01:45:33 ~-~-> 01:45:36 |somebody's Amazon book, and they'll, they'll talk about it. They won't credit
1205 |1204 |01:45:36 ~-~-> 01:45:39 |me, though, and then I find out if I find out about it later on, because
1206 |1205 |01:45:39 ~-~-> 01:45:42 |somebody's going to eventually buy the book. And they're saying, it sounds like
1207 |1206 |01:45:42 ~-~-> 01:45:45 |I said he's sounds like I said he's bullshit, and then I'm gonna hear about
1208 |1207 |01:45:45 ~-~-> 01:45:48 |an email, and then I'm gonna buy their bullshit, and then I'm gonna go on their
1209 |1208 |01:45:48 ~-~-> 01:45:52 |reviews and say, this is horseshit. It's all lies. Go to my YouTube channel in
1210 |1209 |01:45:52 ~-~-> 01:45:54 |this fucking video, and you'll see that this is where they got it. And then
1211 |1210 |01:45:54 ~-~-> 01:45:57 |nobody wants to buy your book, and they call you an asshole and a plagiarist,
1212 |1211 |01:45:57 ~-~-> 01:46:04 |just like John fipaloti did. So if we see that the market, it does, in fact,
1213 |1212 |01:46:04 ~-~-> 01:46:10 |go down to our intermediate term price level, which is what the first target
1214 |1213 |01:46:10 ~-~-> 01:46:17 |below all the bodies. See all these candlesticks right here, so ignore this
1215 |1214 |01:46:17 ~-~-> 01:46:21 |wick for a moment. Okay. See all that, all this range, ignore that for a
1216 |1215 |01:46:21 ~-~-> 01:46:27 |moment. Okay, and say price only looked like it did with the bodies, not the
1217 |1216 |01:46:27 ~-~-> 01:46:32 |wicks underneath them. So the market dropped down here, all these bodies, and
1218 |1217 |01:46:32 ~-~-> 01:46:39 |then we started going up. I want to target something below those bodies. So
1219 |1218 |01:46:39 ~-~-> 01:46:46 |what PD array. Do I have below them? Well, if I use this closing price here,
1220 |1219 |01:46:46 ~-~-> 01:46:51 |that's a rejection block. You can use that. And I taught my students this,
1221 |1220 |01:46:51 ~-~-> 01:46:55 |that's that's a level to aim for as a partial and see if we can get to it and
1222 |1221 |01:46:55 ~-~-> 01:47:00 |then hold on to it and see if it can go down and continuously move. But I didn't
1223 |1222 |01:47:00 ~-~-> 01:47:04 |introduce every aspect about Wix. They're learning it right alongside of
1224 |1223 |01:47:04 ~-~-> 01:47:08 |you right now, today, on August 14, 2024 on live stream, on my YouTube channel,
1225 |1224 |01:47:10 ~-~-> 01:47:16 |you're getting it the same way at the same time. This wick, it's consequent
1226 |1225 |01:47:16 ~-~-> 01:47:22 |encroachment is below the rejection block. So it goes without saying, If I
1227 |1226 |01:47:22 ~-~-> 01:47:29 |anticipate the right the price Run from here and in here, going down to this
1228 |1227 |01:47:29 ~-~-> 01:47:34 |level, we have to gage whether or not does it have the ability to trade below
1229 |1228 |01:47:34 ~-~-> 01:47:40 |it. We only do so for the wick. But remember, I was telling you watch and
1230 |1229 |01:47:40 ~-~-> 01:47:44 |see, does the bodies confirm that level? It did right? And then what does it do?
1231 |1230 |01:47:44 ~-~-> 01:47:48 |It returns back to an old area, inefficiency, and that old 6pm opening
1232 |1231 |01:47:48 ~-~-> 01:47:53 |price. These are all old friends folks. How many times have I talked about
1233 |1232 |01:47:53 ~-~-> 01:47:57 |those, those key points, they're not, they're not a zone. Some in ambiguous
1234 |1233 |01:47:57 ~-~-> 01:48:02 |where, what do I pick as a price in a zone, supply and demand zone. If the
1235 |1234 |01:48:02 ~-~-> 01:48:08 |range that creates that supply and demand zone is 15 to 20 handles, or 12
1236 |1235 |01:48:08 ~-~-> 01:48:12 |handles or eight handles, which one of those levels are important to you as a
1237 |1236 |01:48:12 ~-~-> 01:48:15 |trader? Which one are you going to use? How are you going to use it for the
1238 |1237 |01:48:15 ~-~-> 01:48:21 |purposes of managing with a stop loss? See, in fact, that's why it's
1239 |1238 |01:48:21 ~-~-> 01:48:24 |nonsensical. Now I'm not saying somehow some people can't say, Well, you know,
1240 |1239 |01:48:24 ~-~-> 01:48:29 |if it's, if it's a demand zone, just use the highest level, okay, that sounds
1241 |1240 |01:48:29 ~-~-> 01:48:34 |pretty good. And you should stop below plus the range of the supply and demand
1242 |1241 |01:48:34 ~-~-> 01:48:37 |zone, or some percentage of a quarter percent of it, or half percent of it as
1243 |1242 |01:48:37 ~-~-> 01:48:40 |a stop. Okay, that's a pretty good methodology. Yeah, there's something
1244 |1243 |01:48:40 ~-~-> 01:48:46 |wrong with that, but that ain't good enough for me. Like I want to know, I
1245 |1244 |01:48:46 ~-~-> 01:48:50 |want to know that I can put a stop loss on this son of a bitch, and I'm going to
1246 |1245 |01:48:50 ~-~-> 01:48:53 |be in there, and it's going to take a real move. They're going to have to
1247 |1246 |01:48:53 ~-~-> 01:48:59 |really come at me, to take me out. Not just static price action, just normal
1248 |1247 |01:48:59 ~-~-> 01:49:04 |volatility. That is, oh, it stops me like yesterday when I was live
1249 |1248 |01:49:04 ~-~-> 01:49:08 |streaming, like, or was it Monday? I can't remember which one I was, but I
1250 |1249 |01:49:08 ~-~-> 01:49:12 |showed my trade and it went right up after I said it's probably gonna go up
1251 |1250 |01:49:12 ~-~-> 01:49:15 |there, knock it out and fill with reprice and then send it down to where I
1252 |1251 |01:49:16 ~-~-> 01:49:20 |was aiming for it. I was like, a go, Fuck you. ICD in front of everybody.
1253 |1252 |01:49:20 ~-~-> 01:49:23 |That's all right, that's okay. I still beat his ass, and I'm gonna beat you
1254 |1253 |01:49:23 ~-~-> 01:49:27 |again tonight and tomorrow and next fucking week is gonna be the same thing.
1255 |1254 |01:49:27 ~-~-> 01:49:34 |It's fun. I'm having fun with it sport, but it takes a real move, not just
1256 |1255 |01:49:34 ~-~-> 01:49:41 |static randomness, because if these things hold logic that's valid, then
1257 |1256 |01:49:41 ~-~-> 01:49:47 |they will work more times than they fail. Not just 60% of the time, okay,
1258 |1257 |01:49:47 ~-~-> 01:49:59 |but the majority of the time, the majority of them, you can't have this.
1259 |1258 |01:50:00 ~-~-> 01:50:03 |Degree of precision these elements that repeat over and over and over again
1260 |1259 |01:50:03 ~-~-> 01:50:09 |without it having some control mechanism in play. It's only being allowed to do
1261 |1260 |01:50:09 ~-~-> 01:50:16 |certain things. And it is a facade. It is nonsense to try to make an argument
1262 |1261 |01:50:16 ~-~-> 01:50:21 |that the random buying and selling participants of buyers and sellers
1263 |1262 |01:50:21 ~-~-> 01:50:28 |traders at these price points that we can see in advance. We can see this in
1264 |1263 |01:50:28 ~-~-> 01:50:35 |advance. And then it books price this way, and it supports the underlying
1265 |1264 |01:50:35 ~-~-> 01:50:39 |narrative that, okay, yeah, we moved from here down to there. The body
1266 |1265 |01:50:39 ~-~-> 01:50:43 |supported it said, Okay, we're not closing below it. So it's rallying up.
1267 |1266 |01:50:43 ~-~-> 01:50:50 |Did we take out the low No, did we go to the lower quadrant of that wick? No,
1268 |1267 |01:50:50 ~-~-> 01:50:56 |they're still in play then. So if it's going up here, why is it going up? It's
1269 |1268 |01:50:56 ~-~-> 01:51:02 |going back up to an order in efficiency, and it's reverting back to where the day
1270 |1269 |01:51:02 ~-~-> 01:51:09 |started. The first print at 6pm last night, New York, local time. It crosses
1271 |1270 |01:51:09 ~-~-> 01:51:13 |that again. I believe it would have done that, even if that fair value gap wasn't
1272 |1271 |01:51:13 ~-~-> 01:51:16 |there, and even if this wick wasn't there, that's something I would have
1273 |1272 |01:51:16 ~-~-> 01:51:20 |expected, regardless of anything else needing to be there. That's something I
1274 |1273 |01:51:20 ~-~-> 01:51:26 |would expect, because from here, going up higher, we don't have a gap here. We
1275 |1274 |01:51:26 ~-~-> 01:51:29 |don't have a fair value gap there. We don't have a fair value gap there, but
1276 |1275 |01:51:29 ~-~-> 01:51:34 |we have it there. So let's say that this wick here touched this candlesticks low,
1277 |1276 |01:51:34 ~-~-> 01:51:38 |so there's no fair value gap that's shaded in a thing. Okay? And let's say
1278 |1277 |01:51:38 ~-~-> 01:51:43 |that wick didn't exist. Say the candles that stopped up here. So the only
1279 |1278 |01:51:43 ~-~-> 01:51:46 |information I would have is it's going up just to touch that 6pm
1280 |1279 |01:51:48 ~-~-> 01:51:55 |price again and maybe bump if this was the candles body, this is your order
1281 |1280 |01:51:55 ~-~-> 01:52:00 |block, so it might want to come back up and bump that again. But because we have
1282 |1281 |01:52:00 ~-~-> 01:52:03 |the fair value gap and the 6pm opening price, and we have this consequent
1283 |1282 |01:52:03 ~-~-> 01:52:09 |encroachment. See how there's several layered things there. So right away, you
1284 |1283 |01:52:09 ~-~-> 01:52:12 |know that it's reasonable to get gravitate back to this, because that's
1285 |1284 |01:52:12 ~-~-> 01:52:18 |the first real thing that that's that's a real level. If there's ever a question
1286 |1285 |01:52:18 ~-~-> 01:52:26 |of what's the most likely level to trade to when we're like, like, when we're
1287 |1286 |01:52:26 ~-~-> 01:52:31 |down here, I'm going to err on this side of going to that price level before the
1288 |1287 |01:52:31 ~-~-> 01:52:35 |fair value gap. Because what can fair value gaps do? They can stay open. Well,
1289 |1288 |01:52:35 ~-~-> 01:52:40 |it sounds like you're making a bullshit no. Think about what I've been teaching
1290 |1289 |01:52:40 ~-~-> 01:52:45 |you. If I'm short, if I'm bearish, and I see a fair value gap above price, market
1291 |1290 |01:52:45 ~-~-> 01:52:48 |price, and if it goes up there, what do I want to see about that fair value gap?
1292 |1291 |01:52:48 ~-~-> 01:52:53 |Do I want to see it close in? Fuck, no, I don't want to. I've already told you
1293 |1292 |01:52:53 ~-~-> 01:52:57 |that I want to see the upper half of that or some degree above midpoint. I
1294 |1293 |01:52:57 ~-~-> 01:53:02 |want to see it stay open. Why? Why do I want to see that? I want every fair
1295 |1294 |01:53:02 ~-~-> 01:53:08 |value gap that's above my target when I'm short and I'm still in a trade, I
1296 |1295 |01:53:08 ~-~-> 01:53:13 |want to see some of those fair value gaps stay open, because that's telling
1297 |1296 |01:53:13 ~-~-> 01:53:18 |me this is so weak It can't even go back up there and reprice to it and then
1298 |1297 |01:53:18 ~-~-> 01:53:23 |close it in. But because it does so here, it's okay, it doesn't change, it
1299 |1298 |01:53:23 ~-~-> 01:53:28 |doesn't strip the efficacy of this methodology. It just means that, well,
1300 |1299 |01:53:28 ~-~-> 01:53:34 |you know, we had consequent pressure here. We had the 6pm price that acts
1301 |1300 |01:53:34 ~-~-> 01:53:37 |just like a new day opening gap, but because there's no gap there, you just
1302 |1301 |01:53:37 ~-~-> 01:53:42 |use the 6pm opening price. You don't use the 5pm you use the 6pm why? Because
1303 |1302 |01:53:42 ~-~-> 01:53:48 |that's the first print so the algorithm is going to go right back to that. If
1304 |1303 |01:53:48 ~-~-> 01:53:54 |there's no gap, you're focusing on whatever the 6pm there's no confusion.
1305 |1304 |01:53:54 ~-~-> 01:54:01 |There is it is that complicated? No whatever that 6pm price is, that's what
1306 |1305 |01:54:01 ~-~-> 01:54:04 |you have annotated on your chart. You can annotate it any way you want. I just
1307 |1306 |01:54:04 ~-~-> 01:54:09 |chose to use this again. I don't have this stuff on my chart. It's only for
1308 |1307 |01:54:09 ~-~-> 01:54:15 |the purpose of teaching my son. Here, all these levels are in notation form,
1309 |1308 |01:54:16 ~-~-> 01:54:22 |like writing it down on your little like nine by five, yellow pamphlet, like
1310 |1309 |01:54:22 ~-~-> 01:54:27 |little I buy them from Office Depot. You get, like, 12 of them in a bundle. And
1311 |1310 |01:54:27 ~-~-> 01:54:31 |every day, I write the date, and I write down I'm looking for a sale program,
1312 |1311 |01:54:31 ~-~-> 01:54:35 |looking for a buy program, based on what I think it's likely to happen for the
1313 |1312 |01:54:35 ~-~-> 01:54:40 |scenario. And then I write down any PB array that's going to be useful to me,
1314 |1313 |01:54:40 ~-~-> 01:54:44 |what their prices and the time. So I'm writing the time and the PD array with
1315 |1314 |01:54:44 ~-~-> 01:54:50 |the price, so I have it in numeric format and labeling on my notepad, and
1316 |1315 |01:54:50 ~-~-> 01:54:57 |my chart is completely naked. It's it's actually harder for me when I have all
1317 |1316 |01:54:57 ~-~-> 01:55:03 |this stuff on the chart, because I. I end up spending more time talking or
1318 |1317 |01:55:03 ~-~-> 01:55:06 |paying attention to the things I'm annotating for you as a student
1319 |1318 |01:55:06 ~-~-> 01:55:09 |learning, and it distracts me from watching the actual price action,
1320 |1319 |01:55:10 ~-~-> 01:55:13 |especially over a live stream where I'm communicating, I'm teaching, I'm
1321 |1320 |01:55:13 ~-~-> 01:55:18 |lecturing over something, and it kind of like takes my my time and focus off of
1322 |1321 |01:55:18 ~-~-> 01:55:23 |the real time candle. So this month of August is a lot of this type of stuff
1323 |1322 |01:55:23 ~-~-> 01:55:26 |going on. But once we get through August, in September, I'm just going to
1324 |1323 |01:55:26 ~-~-> 01:55:30 |be talking about what the individual candles are happening at the moment and
1325 |1324 |01:55:30 ~-~-> 01:55:34 |where they may gravitate to and all this other stuff. This is the supported
1326 |1325 |01:55:34 ~-~-> 01:55:40 |commentary and things that I feel that's necessary as I go along. I wanted to see
1327 |1326 |01:55:40 ~-~-> 01:55:44 |speaking only about every individual candle that's forming, so that way Caleb
1328 |1327 |01:55:44 ~-~-> 01:55:49 |can watch and see what I'm thinking about every candlestick as it's forming.
1329 |1328 |01:55:49 ~-~-> 01:55:57 |Which brings me up to the point of Al Brooks. I am not teaching al Brooks
1330 |1329 |01:55:57 ~-~-> 01:56:03 |stuff, and now al Brooks doesn't use any of this stuff, either. Okay, I talked to
1331 |1330 |01:56:03 ~-~-> 01:56:08 |Tom hugard, who is a student and fan of Al Brooks, and he himself said that
1332 |1331 |01:56:08 ~-~-> 01:56:11 |there's no, there's no comparisons, totally, absolutely not the same thing.
1333 |1332 |01:56:11 ~-~-> 01:56:15 |So that's the new flavor of the month where they're saying, No, I took his
1334 |1333 |01:56:15 ~-~-> 01:56:20 |stuff because al Brooks apparently teaches, you know, reading Christ
1335 |1334 |01:56:20 ~-~-> 01:56:25 |action, one candle at a time. He reading it like this. I'm a new language that
1336 |1335 |01:56:25 ~-~-> 01:56:28 |everybody's learning. Okay? I'm not reinventing the wheel. I'm not
1337 |1336 |01:56:28 ~-~-> 01:56:33 |transcribing and translating something someone else did. This is a whole new
1338 |1337 |01:56:33 ~-~-> 01:56:39 |science. We're evolving. Okay? We're way beyond everything else. But if you want
1339 |1338 |01:56:39 ~-~-> 01:56:42 |to collect that $5 million go through his stuff and see how everything I'm
1340 |1339 |01:56:42 ~-~-> 01:56:48 |teaching ain't there, do your best, because it's either is or there isn't,
1341 |1340 |01:56:48 ~-~-> 01:56:53 |and there ain't nobody out there that's like me. But you go through all of these
1342 |1341 |01:56:53 ~-~-> 01:56:58 |PD arrays, anything that has a gap, and we were talking about this one over
1343 |1342 |01:56:58 ~-~-> 01:57:01 |here, and then you have a gap right there. So you have an order block and a
1344 |1343 |01:57:01 ~-~-> 01:57:04 |fair value gap. So if I ever have a fair value gap, an order block that's inside
1345 |1344 |01:57:04 ~-~-> 01:57:08 |the range, meaning that see the high of that candle, the down, closed candle,
1346 |1345 |01:57:08 ~-~-> 01:57:13 |the black one, and you have this candles low, that's that's basically the same
1347 |1346 |01:57:13 ~-~-> 01:57:20 |range. This gap is inside of the of the little shorter block. So what am I going
1348 |1347 |01:57:20 ~-~-> 01:57:24 |to refer, but refer to, am I going to label it with the gap levels? Where am I
1349 |1348 |01:57:24 ~-~-> 01:57:29 |to use the order block? I'm going to use the order block. Okay, so I'll use this
1350 |1349 |01:57:29 ~-~-> 01:57:31 |range here. And what you do is you take this, this is how you do
1351 |1350 |01:57:40 ~-~-> 01:57:43 |it all. Right? So initially, when we went down below the opening price on
1352 |1351 |01:57:43 ~-~-> 01:57:46 |this bear, shorter block, changing the state of delivery. So that means your
1353 |1352 |01:57:46 ~-~-> 01:57:52 |mind turns to, okay, the market's going to just keep offering lower prices. It's
1354 |1353 |01:57:52 ~-~-> 01:57:55 |going to have little retracements. It's going to have little pops up higher, but
1355 |1354 |01:57:55 ~-~-> 01:57:59 |they're going to be short lived. They're going to be very controlled. They're
1356 |1355 |01:57:59 ~-~-> 01:58:03 |going to be stunted. They won't be allowed to be really protracted to the
1357 |1356 |01:58:03 ~-~-> 01:58:08 |upside. And then, once it gets to a level that I'm teaching that the market
1358 |1357 |01:58:08 ~-~-> 01:58:13 |referred to, which is a premium. PD array, everyone that forms as delivery
1359 |1358 |01:58:13 ~-~-> 01:58:20 |is unfolding. They're salient too. But if there isn't an inefficiency in the
1360 |1359 |01:58:20 ~-~-> 01:58:24 |price run, going lower as it drops, whereas we ended up creating one here.
1361 |1360 |01:58:24 ~-~-> 01:58:27 |See that fair value gap that we've been talking about. That's the first fair
1362 |1361 |01:58:27 ~-~-> 01:58:30 |value gap. This small, little one in here. I wouldn't care so much about
1363 |1362 |01:58:30 ~-~-> 01:58:35 |that. And the reason why is because it's still inside of the range of the water
1364 |1363 |01:58:35 ~-~-> 01:58:41 |block that we extend over here. So this was used as a buy. We can see that here.
1365 |1364 |01:58:41 ~-~-> 01:58:45 |And then when we went into a sell program, now, the market's going to
1366 |1365 |01:58:45 ~-~-> 01:58:49 |start going lower at this time. So the market goes up. We watch the seat
1367 |1366 |01:58:49 ~-~-> 01:58:52 |doesn't want to get into fair value. Remember I was saying, when you watch
1368 |1367 |01:58:52 ~-~-> 01:58:56 |the stream, you'll hear me say, I'm interested in this one. I want to see. I
1369 |1368 |01:58:56 ~-~-> 01:59:03 |want to see. Why am I saying that? Because we're inside of a breaker, and
1370 |1369 |01:59:03 ~-~-> 01:59:06 |it might be enough just to simply do that trade into the breaker and not go
1371 |1370 |01:59:06 ~-~-> 01:59:10 |up there. And it's actually a good thing for you to see where trying to be very,
1372 |1371 |01:59:10 ~-~-> 01:59:14 |very precise, and you having limit orders as your entry mechanism, you may
1373 |1372 |01:59:14 ~-~-> 01:59:18 |not get a fill. So what do you do? You use the price delivery continuum theory.
1374 |1373 |01:59:18 ~-~-> 01:59:23 |It means, okay, your time frame on a one minute basis. Here suggests that this is
1375 |1374 |01:59:23 ~-~-> 01:59:26 |where you're trying to get in at. But if it starts to run without you, do you
1376 |1375 |01:59:26 ~-~-> 01:59:30 |just say, Fuck it. I'm gonna start trading oil today. Then I'm not thinking
1377 |1376 |01:59:30 ~-~-> 01:59:34 |like that. I used to as a 20 year old when I missed my only setup that I was
1378 |1377 |01:59:34 ~-~-> 01:59:38 |anticipating, stalking and hunting if it didn't, if it didn't give me a fill and
1379 |1378 |01:59:38 ~-~-> 01:59:41 |it ran away without me, I was like, Okay, I missed the whole thing. And I'm
1380 |1379 |01:59:41 ~-~-> 01:59:46 |looking at moves that would be like $8,000 in the bond market. Okay, that's,
1381 |1380 |01:59:47 ~-~-> 01:59:57 |that's eight full handles. They're trading $1,000 per handle, so see a
1382 |1381 |01:59:57 ~-~-> 02:00:03 |whole 100 point move. Okay? Do. Go one contract, that type of movement would
1383 |1382 |02:00:03 ~-~-> 02:00:11 |literally be $1,000 it's $32.25 $31.25 per tick. Okay, so a full run like that,
1384 |1383 |02:00:12 ~-~-> 02:00:17 |and if it's eight of those, that's an $8,000 move, and a move like this in the
1385 |1384 |02:00:17 ~-~-> 02:00:23 |bond. That means I'm probably missing out on $300 for less than $500 I've
1386 |1385 |02:00:23 ~-~-> 02:00:28 |missed it, so therefore I'm not interested in those $7,500 that could
1387 |1386 |02:00:28 ~-~-> 02:00:32 |still be taken in my mind when I first started as a trade. And this is probably
1388 |1387 |02:00:32 ~-~-> 02:00:35 |what most of you feel this way too. Oh, well, I need to know how to find these
1389 |1388 |02:00:35 ~-~-> 02:00:40 |because I I see it happening, and then I miss the move, or I chase it. I don't
1390 |1389 |02:00:40 ~-~-> 02:00:43 |know when to get in. I put my stop loss in the wrong place. Or I get place, or I
1391 |1390 |02:00:43 ~-~-> 02:00:46 |get scared out of it. I just keep losing, even though I'm right. I know
1392 |1391 |02:00:46 ~-~-> 02:00:49 |where it's going. I'm watching your live stream, your point to where it's going,
1393 |1392 |02:00:49 ~-~-> 02:00:53 |and I'm taking trades, even though I tell you not to do that, because you're
1394 |1393 |02:00:53 ~-~-> 02:00:59 |learning fear anxiety, because you don't know what I know. And just because I'm
1395 |1394 |02:00:59 ~-~-> 02:01:03 |highlighting something doesn't guarantee it's gonna happen. And if you're trying
1396 |1395 |02:01:03 ~-~-> 02:01:06 |to pass funded accounts and trading 15 contracts because they say that you can
1397 |1396 |02:01:06 ~-~-> 02:01:10 |afford to do so, you could still do it wrong and be right in your direction,
1398 |1397 |02:01:10 ~-~-> 02:01:14 |that's very frustrating, and you're not gonna blame yourself for breaking the
1399 |1398 |02:01:14 ~-~-> 02:01:17 |rules. You're gonna say, I'm an asshole, and this stuff doesn't work, but you sit
1400 |1399 |02:01:17 ~-~-> 02:01:21 |down with me and we'll see that you didn't listen. I've had students that
1401 |1400 |02:01:21 ~-~-> 02:01:25 |try to do that shit. Show me your logbook. Show me what you've been doing,
1402 |1401 |02:01:26 ~-~-> 02:01:28 |show me your trade entries and show me why you got into that fucking trade.
1403 |1402 |02:01:28 ~-~-> 02:01:33 |Soon as that question comes up, the conversation ends because they know they
1404 |1403 |02:01:33 ~-~-> 02:01:38 |don't listen. Just like I didn't listen when I first started codifying rules
1405 |1404 |02:01:38 ~-~-> 02:01:42 |around these ideas, I tried to make excuses for. Well, I'm going to try to
1406 |1405 |02:01:42 ~-~-> 02:01:48 |be outperforming these rules. I'm better than this, okay? And I never established
1407 |1406 |02:01:48 ~-~-> 02:01:55 |a baseline to trust initially, so I had to force myself to go through that
1408 |1407 |02:01:55 ~-~-> 02:01:58 |stuff. And you have to do the same thing. And I'm forcing Kayla to do that.
1409 |1408 |02:01:58 ~-~-> 02:02:02 |As you can see, he's not getting an easy way. He's getting the woodshed shit,
1410 |1409 |02:02:02 ~-~-> 02:02:06 |just like all of you do, there's a lot of things, and you have to figure out
1411 |1410 |02:02:06 ~-~-> 02:02:11 |where your model is in all of it. And you don't need to have every aspect of
1412 |1411 |02:02:11 ~-~-> 02:02:17 |what's available. To me as a creator of this stuff, you just have to have little
1413 |1412 |02:02:17 ~-~-> 02:02:21 |compartmental, compartmentalized segments of price movement that makes
1414 |1413 |02:02:21 ~-~-> 02:02:27 |sense to you. It's logical, it's reasonable to anticipate forming at the
1415 |1414 |02:02:27 ~-~-> 02:02:31 |time of day, that it should behave that way. So at this point, at this point, we
1416 |1415 |02:02:31 ~-~-> 02:02:36 |start looking for every possible reason for price to trade down. Well, this area
1417 |1416 |02:02:36 ~-~-> 02:02:39 |here with the order block, it's in close proximity to where the start of the move
1418 |1417 |02:02:39 ~-~-> 02:02:42 |would be. So are you going to have that on your chart and have all that much
1419 |1418 |02:02:42 ~-~-> 02:02:48 |interest to it? No, you do want to see it trade below it, which it does here.
1420 |1419 |02:02:49 ~-~-> 02:02:54 |So at that point, I'm not interested in that one. So what's below what's below
1421 |1420 |02:02:54 ~-~-> 02:03:01 |that, we have this gap right in here, which was already used, yes, but I'm
1422 |1421 |02:03:01 ~-~-> 02:03:08 |this
1423 |1422 |02:03:08 ~-~-> 02:03:08 |is
1424 |1423 |02:03:08 ~-~-> 02:03:13 |all trading inside the range. Okay, I'm gonna change the color of this a little
1425 |1424 |02:03:13 ~-~-> 02:03:22 |bit, actually a lot with the this is your gap here, which it trades down to
1426 |1425 |02:03:22 ~-~-> 02:03:27 |it here. Why is it trading with that little I call it a mohawk, where it's
1427 |1426 |02:03:27 ~-~-> 02:03:31 |colors outside the line. Why is it doing that? Because there's an overlap of that
1428 |1427 |02:03:31 ~-~-> 02:03:36 |candles wick in that candle body. So that's a balanced price range. So it's
1429 |1428 |02:03:36 ~-~-> 02:03:40 |just validating that it just stops like a, like a, like a, you will not pass.
1430 |1429 |02:03:40 ~-~-> 02:03:44 |You can not go any further, okay, and that's why that little Mohawk stops
1431 |1430 |02:03:44 ~-~-> 02:03:49 |there. 90% of the Mohawks that I anticipate, where the market trades us
1432 |1431 |02:03:49 ~-~-> 02:03:52 |outside of a PD array, I can see them. I can anticipate them. There's logic
1433 |1432 |02:03:52 ~-~-> 02:03:55 |behind them. I'm not going to teach you all that stuff, and that part won't be
1434 |1433 |02:03:55 ~-~-> 02:03:59 |in the book. Okay, so I want you to know that there's a lot of things I'm not
1435 |1434 |02:03:59 ~-~-> 02:04:02 |going to teach because I'm just not going to do it, and I don't give a fuck
1436 |1435 |02:04:02 ~-~-> 02:04:08 |who asked and twists my arm and calls me before them I am not teaching it done.
1437 |1436 |02:04:08 ~-~-> 02:04:13 |Okay? So you can see how the market uses this fair value gap, which becomes what?
1438 |1437 |02:04:13 ~-~-> 02:04:21 |Now let's say, Okay, let's say that you are a fan of the concepts that I'm
1439 |1438 |02:04:21 ~-~-> 02:04:24 |teaching, and you really are resonating with them, and maybe some of the things
1440 |1439 |02:04:24 ~-~-> 02:04:27 |I'm teaching, it just doesn't jive with you. You're like, I can see when you
1441 |1440 |02:04:27 ~-~-> 02:04:31 |point it out, but I wouldn't have saw that. Okay, don't beat yourself about up
1442 |1441 |02:04:31 ~-~-> 02:04:36 |about it. What are you noticing in price action? What do you see? Because when
1443 |1442 |02:04:36 ~-~-> 02:04:39 |last year on Twitter spaces, when I was teaching the concept of inversion fair
1444 |1443 |02:04:39 ~-~-> 02:04:43 |value gap, not every fair value gap becomes an inversion, fair value gap, by
1445 |1444 |02:04:43 ~-~-> 02:04:46 |the way, okay? And as a young man out there that's very overzealous about
1446 |1445 |02:04:46 ~-~-> 02:04:52 |inversion fair value gaps, and he almost implies that he created himself. But I
1447 |1446 |02:04:52 ~-~-> 02:04:58 |understand your enthusiasm, and you're overzealous, but not every fair value
1448 |1447 |02:04:58 ~-~-> 02:05:02 |gap becomes an inversion. Fair value gap, okay? Okay, but if you didn't know
1449 |1448 |02:05:02 ~-~-> 02:05:07 |the logic that I'm teaching today about the wicks, okay, if I didn't teach that,
1450 |1449 |02:05:07 ~-~-> 02:05:11 |and you didn't know anything about it, and there wasn't this gap here in the
1451 |1450 |02:05:11 ~-~-> 02:05:15 |pink say that didn't exist in this price time right here, and there wasn't a 6pm
1452 |1451 |02:05:16 ~-~-> 02:05:21 |opening price that we would referenced anyway, and say that was the case and
1453 |1452 |02:05:21 ~-~-> 02:05:28 |that we still started retracing here, what will we be using? Then that gap
1454 |1453 |02:05:28 ~-~-> 02:05:33 |extended over becomes, what inversion, fair value gap, and what would we want
1455 |1454 |02:05:33 ~-~-> 02:05:38 |to see with that logic? ICT tell me something that you didn't change and
1456 |1455 |02:05:38 ~-~-> 02:05:42 |change the logic around it's got to be consistent, because if it's changing,
1457 |1456 |02:05:42 ~-~-> 02:05:45 |you're bullshitting everybody, and I'm getting lucky over live price action.
1458 |1457 |02:05:45 ~-~-> 02:05:48 |That's what it sounds like. Okay, to some of you, that's exactly what you
1459 |1458 |02:05:48 ~-~-> 02:05:56 |think. But listen what I have said many, many times. If this is the gap here to
1460 |1459 |02:05:56 ~-~-> 02:06:02 |here, extend it over. Look at that little square right there. That's the
1461 |1460 |02:06:02 ~-~-> 02:06:09 |midpoint. That's consequent encroachment of what that gap that is now going to be
1462 |1461 |02:06:09 ~-~-> 02:06:13 |expected to be, what an inversion fair value gap? Do we want the inversion fair
1463 |1462 |02:06:13 ~-~-> 02:06:19 |value gaps to close in entirely? In other words, if it trades up to the low
1464 |1463 |02:06:19 ~-~-> 02:06:23 |of it. Do we want to see it trade all the way up to the top and touch that?
1465 |1464 |02:06:24 ~-~-> 02:06:30 |No, why? Because every inefficiency, if I'm short and it's trading back up into
1466 |1465 |02:06:30 ~-~-> 02:06:36 |it, I want to see the upper half, or some portion of the upper half of it
1467 |1466 |02:06:36 ~-~-> 02:06:42 |stay open. I want to see that. Why? Because I've been talking about it since
1468 |1467 |02:06:42 ~-~-> 02:06:50 |last week. Every array that is an inefficiency, if it's a gap, if it can't
1469 |1468 |02:06:50 ~-~-> 02:06:55 |fill the gap entirely, and I'm short, and it trades up there and leaves a
1470 |1469 |02:06:55 ~-~-> 02:07:01 |portion of it open. That is telling you the clearest, loudest way to say this
1471 |1470 |02:07:01 ~-~-> 02:07:06 |market is not going up. It's weak, so start looking for lower targets. It's
1472 |1471 |02:07:06 ~-~-> 02:07:10 |going to go lower. Is that a hard, complicated thing?
1473 |1472 |02:07:10 ~-~-> 02:07:11 |No,
1474 |1473 |02:07:12 ~-~-> 02:07:19 |am I changing the theory around it? No, is it manifesting itself here? Yep. So
1475 |1474 |02:07:19 ~-~-> 02:07:23 |it doesn't matter if you didn't have the 6pm it doesn't matter if you didn't have
1476 |1475 |02:07:23 ~-~-> 02:07:26 |this fair value gut, and it doesn't matter if you had this wick here, if you
1477 |1476 |02:07:26 ~-~-> 02:07:30 |didn't have any of those things, once it started coming down, and we're in a cell
1478 |1477 |02:07:30 ~-~-> 02:07:34 |program, I would be extending these things over here. That's what I use with
1479 |1478 |02:07:34 ~-~-> 02:07:39 |market maker, selling buy models. That's That's how you're using them. You go
1480 |1479 |02:07:39 ~-~-> 02:07:43 |back through the range. Okay, back on, baby pips. I thought I was going to
1481 |1480 |02:07:43 ~-~-> 02:07:47 |start leading myself into some of these lectures, but not to the degree I ended
1482 |1481 |02:07:47 ~-~-> 02:07:51 |up dealing with the paid mentorship. I never intend to teach all that stuff,
1483 |1482 |02:07:51 ~-~-> 02:07:55 |but it became fun, revealing more and more and more, and I got addicted to
1484 |1483 |02:07:55 ~-~-> 02:07:59 |everybody's astonishment, and I got whipped up in the frenzy of it just fun,
1485 |1484 |02:07:59 ~-~-> 02:08:04 |but just know that there's a limit to how far I'm going to go with it all. But
1486 |1485 |02:08:04 ~-~-> 02:08:09 |there's a lot more that I'm going to share. But in here, going back from here
1487 |1486 |02:08:09 ~-~-> 02:08:12 |to that low I did a lecture on baby pips. It's called trading inside the
1488 |1487 |02:08:12 ~-~-> 02:08:19 |range, and I started to teach the beginning elements to some of these
1489 |1488 |02:08:19 ~-~-> 02:08:25 |principles. And at the end of that lecture, I actually had anxiety about
1490 |1489 |02:08:25 ~-~-> 02:08:31 |having done it, because I didn't feel comfortable revealing it. I just, I
1491 |1490 |02:08:31 ~-~-> 02:08:36 |didn't, I didn't feel comfortable doing it. And it took time, you know, putting
1492 |1491 |02:08:36 ~-~-> 02:08:39 |my toe in the water to see what would happen if I revealed a little bit more,
1493 |1492 |02:08:39 ~-~-> 02:08:44 |and reveal a little bit more, reveal a little bit more. And over the years, you
1494 |1493 |02:08:44 ~-~-> 02:08:50 |know it's, it's a lot out there now, but I had to make sure that I have a
1495 |1494 |02:08:50 ~-~-> 02:08:55 |language that I can lean on as this is what I'm teaching. This is what I'm
1496 |1495 |02:08:55 ~-~-> 02:09:02 |showcasing. This is this is that okay? But there's nothing else out there in
1497 |1496 |02:09:02 ~-~-> 02:09:06 |retail that this is what it's replicating or duplicating or borrowing
1498 |1497 |02:09:06 ~-~-> 02:09:12 |the logic of. And believe me, $5 million is a nice chunk of change. And if it was
1499 |1498 |02:09:12 ~-~-> 02:09:15 |possible to be able to say that this stuff is renamed, rebranded, you know,
1500 |1499 |02:09:16 ~-~-> 02:09:21 |called something different, 1000s of you would have came forward with it, and
1501 |1500 |02:09:21 ~-~-> 02:09:24 |it's not happened. So there you go. There's your obvious testimony that
1502 |1501 |02:09:24 ~-~-> 02:09:27 |anybody that says that are just parroting other people, or they're
1503 |1502 |02:09:27 ~-~-> 02:09:30 |trying to sell something, and they're trying to just take the attention and
1504 |1503 |02:09:30 ~-~-> 02:09:34 |the momentum around what it is I'm giving to the community because they
1505 |1504 |02:09:34 ~-~-> 02:09:38 |want to sell their bullshit. Hey, I understand groceries are expensive, but
1506 |1505 |02:09:38 ~-~-> 02:09:43 |you go back through all that range, and you start looking for where it acted as
1507 |1506 |02:09:43 ~-~-> 02:09:48 |support, where it was discount, where it sprung price higher like a trampoline.
1508 |1507 |02:09:49 ~-~-> 02:09:53 |When you start going down because you're in a cell program, why? Because he has a
1509 |1508 |02:09:53 ~-~-> 02:09:58 |change in state of delivery here, everything starts seeking lower prices.
1510 |1509 |02:09:58 ~-~-> 02:10:03 |It's not just simply. Well, here's the support. Let's just go there. That's not
1511 |1510 |02:10:03 ~-~-> 02:10:09 |that's not enough for me. Because how will you if you're here and you expected
1512 |1511 |02:10:09 ~-~-> 02:10:13 |to trade down, it's not going to do that one shot. Can it do it? Sure. Could it?
1513 |1512 |02:10:13 ~-~-> 02:10:17 |Could have a big candle, just fall out of bed and go down there. But you won't
1514 |1513 |02:10:17 ~-~-> 02:10:20 |be able to trade those kind of environments anyway, just like this kind
1515 |1514 |02:10:20 ~-~-> 02:10:24 |of day is, or this kind of individual candlestick, you can't trade the PPI and
1516 |1515 |02:10:24 ~-~-> 02:10:28 |CPI number. You can't enter those candlesticks. And many of you probably
1517 |1516 |02:10:28 ~-~-> 02:10:32 |are just discovered that you can't even use the paper trading platform on
1518 |1517 |02:10:32 ~-~-> 02:10:37 |trading view when you have these big reports, because they're lagging, like
1519 |1518 |02:10:37 ~-~-> 02:10:41 |there's there's no you can't even do anything with it. So which is kind of a
1520 |1519 |02:10:41 ~-~-> 02:10:44 |good thing, because, you know, that keeps a lot of the fakes out there from
1521 |1520 |02:10:44 ~-~-> 02:10:48 |saying, Look, you know, I did 50 contracts on this, on gold, and look
1522 |1521 |02:10:48 ~-~-> 02:10:53 |where my fill was. You didn't get filled on that shit. So you go back through all
1523 |1522 |02:10:53 ~-~-> 02:10:56 |of this price range, and then you have this gap here. So that's the make
1524 |1523 |02:10:56 ~-~-> 02:11:01 |annotation of that one. You have that. And look where the bodies are stopping
1525 |1524 |02:11:01 ~-~-> 02:11:05 |in there. See that? Yeah, we go up into that Fairbank because it's there. So
1526 |1525 |02:11:05 ~-~-> 02:11:11 |every new array that forms that means any short term high, any bearish up
1527 |1526 |02:11:11 ~-~-> 02:11:19 |close candle, which is the order block, any gap, like a fair value gap, all of
1528 |1527 |02:11:19 ~-~-> 02:11:24 |them have to be referenced my attention. Every time it forms a new one in the new
1529 |1528 |02:11:24 ~-~-> 02:11:32 |cell program, they're most important to me. If they agree and they converge with
1530 |1529 |02:11:32 ~-~-> 02:11:36 |something inside of the buy side of the curve, which means, while it was going
1531 |1530 |02:11:36 ~-~-> 02:11:40 |up, if it matches, then it's going to be a lot of weight associated with that.
1532 |1531 |02:11:40 ~-~-> 02:11:43 |And I expect price to remain heavy. You ever notice when I'm ever notice what
1533 |1532 |02:11:43 ~-~-> 02:11:47 |I'm talking about in trades where I'll comment and say, I'll take it out and
1534 |1533 |02:11:47 ~-~-> 02:11:52 |say, I want to see speed and distance, or I want to see large range candles.
1535 |1534 |02:11:52 ~-~-> 02:11:56 |Those are indications in my mind, because I'm seeing things like this,
1536 |1535 |02:11:56 ~-~-> 02:11:59 |where, okay, there's a Fairbank up over here that acted as something bullish.
1537 |1536 |02:11:59 ~-~-> 02:12:02 |How do we know that? Because look what it did here, trade down to it here, and
1538 |1537 |02:12:02 ~-~-> 02:12:06 |then repel price higher. Okay, that's not support resistance. It's the logic
1539 |1538 |02:12:06 ~-~-> 02:12:11 |that that inefficiency stayed open. You see that it didn't complete completely
1540 |1539 |02:12:11 ~-~-> 02:12:14 |come down to that candles low, all right? That high, that candle, which is
1541 |1540 |02:12:14 ~-~-> 02:12:17 |the low, that fair value, yeah, that's what you want to see if you're going to
1542 |1541 |02:12:17 ~-~-> 02:12:20 |try to buy a fair value gap. And then the market's bullish and you're and
1543 |1542 |02:12:20 ~-~-> 02:12:22 |you're right, and you're right, and where you think the market's going to
1544 |1543 |02:12:22 ~-~-> 02:12:27 |trade to you're buying the fair value gaps high, or something just above the
1545 |1544 |02:12:27 ~-~-> 02:12:30 |consequent encroachment, because the likelihood you're getting it consequent
1546 |1545 |02:12:30 ~-~-> 02:12:35 |encroachment, or just below and being filled is very small. Can it happen?
1547 |1546 |02:12:35 ~-~-> 02:12:39 |Absolutely. If you do, you have one of the best fucking entries, and that's the
1548 |1547 |02:12:39 ~-~-> 02:12:43 |one you can go on Instagram, go on Facebook, put advertisements out and say
1549 |1548 |02:12:43 ~-~-> 02:12:46 |I'm selling a course. Look at this. I learned this bullshit. That's the ones
1550 |1549 |02:12:46 ~-~-> 02:12:51 |everybody wants a dog and pony shit, but it's a steady diet. Even in my own
1551 |1550 |02:12:51 ~-~-> 02:12:57 |hands, I don't get those types of fills. So I have to use a very low threshold of
1552 |1551 |02:12:57 ~-~-> 02:13:01 |entry. That means I'm going to use the easiest barrier to break through. I'm
1553 |1552 |02:13:01 ~-~-> 02:13:05 |going to use the high of a fair value gap that is that's going to act as
1554 |1553 |02:13:05 ~-~-> 02:13:10 |support for me. I'm going to buy that discount array at the high of the fair
1555 |1554 |02:13:10 ~-~-> 02:13:16 |value gap, or one tick below the highest part of it. And I'm going to try to get
1556 |1555 |02:13:16 ~-~-> 02:13:22 |my largest portion on there if it trades to the midpoint of a fair value gap, and
1557 |1556 |02:13:22 ~-~-> 02:13:26 |I'm bullish. I'll add on another portion, and I'm not afraid of it. If it
1558 |1557 |02:13:26 ~-~-> 02:13:29 |leaves that fair value gap and comes back down one more time, touches the
1559 |1558 |02:13:29 ~-~-> 02:13:35 |consequence of encroachment, I will add to that trade again. And if you look at
1560 |1559 |02:13:35 ~-~-> 02:13:39 |my trade examples, they're all over on Twitter, the ones that don't have I put
1561 |1560 |02:13:39 ~-~-> 02:13:46 |songs in there, because I like, I like, I love music, okay, and the trades that
1562 |1561 |02:13:46 ~-~-> 02:13:52 |I'm taking at the time, I like to use a song that I was listening to, and
1563 |1562 |02:13:52 ~-~-> 02:13:55 |because I would take the trade and condense it by by speed, because you
1564 |1563 |02:13:55 ~-~-> 02:13:58 |only had to have, I think it's like one minute. And something over there on
1565 |1564 |02:13:58 ~-~-> 02:14:02 |Twitter used to be that was the timeline I had to or time limit I had on the
1566 |1565 |02:14:02 ~-~-> 02:14:08 |videos. I thought I was safe by using the music earlier, but I don't sell
1567 |1566 |02:14:08 ~-~-> 02:14:11 |like, engagements earlier. Like, I didn't make money by having people watch
1568 |1567 |02:14:11 ~-~-> 02:14:16 |what I do. Like, I didn't monetize that over there, but the artists would
1569 |1568 |02:14:16 ~-~-> 02:14:19 |obviously, you know, put copyrights against me, and they take the videos
1570 |1569 |02:14:19 ~-~-> 02:14:22 |down. That's why I told everybody. When I was on Twitter, I said, if you like
1571 |1570 |02:14:22 ~-~-> 02:14:26 |the if you like these things, download them. Because I was always getting
1572 |1571 |02:14:26 ~-~-> 02:14:34 |suspended on Twitter last year and year prior because the artist or the the
1573 |1572 |02:14:34 ~-~-> 02:14:39 |management company that holds the rights for their songs, they were making me, or
1574 |1573 |02:14:39 ~-~-> 02:14:44 |making Twitter or x now remove the video because it had a song in it. To me,
1575 |1574 |02:14:44 ~-~-> 02:14:47 |that's a dick move, because I'm not even monetizing it, like I'm literally giving
1576 |1575 |02:14:47 ~-~-> 02:14:52 |the credit to the author of the song, and I'm a fan of it, and it's just me,
1577 |1576 |02:14:52 ~-~-> 02:14:57 |just doing something with no money. I'm not making money off of that, but I get
1578 |1577 |02:14:57 ~-~-> 02:15:03 |it, I understand, but they are the. Uh, the rights holder or the artist was
1579 |1578 |02:15:03 ~-~-> 02:15:06 |having a lot of those videos taken down. I haven't been on Twitter. I haven't
1580 |1579 |02:15:06 ~-~-> 02:15:09 |been on x I haven't even logged in. I don't even know what's going on there. I
1581 |1580 |02:15:09 ~-~-> 02:15:15 |don't have the account still active or not. But I know last year, I was telling
1582 |1581 |02:15:15 ~-~-> 02:15:18 |everybody that they were putting copyrights against me, and they were,
1583 |1582 |02:15:18 ~-~-> 02:15:22 |they were literally removing the videos. I wasn't deleting trade execution
1584 |1583 |02:15:22 ~-~-> 02:15:25 |videos. I wasn't trying to hide something. I told everybody, download
1585 |1584 |02:15:25 ~-~-> 02:15:31 |them so but if you have them, or if you have the ones, that's still up there, if
1586 |1585 |02:15:31 ~-~-> 02:15:34 |you look at them, you'll see some of the things I'm talking about here. That's
1587 |1586 |02:15:34 ~-~-> 02:15:39 |what I'm using when I'm trading, when I'm pyramiding entries. For instance,
1588 |1587 |02:15:39 ~-~-> 02:15:45 |let's just say that I wanted to sell short when we ran above these highs in
1589 |1588 |02:15:45 ~-~-> 02:15:49 |here and traded right in there as a bold face bullish candle, selling short right
1590 |1589 |02:15:49 ~-~-> 02:15:55 |there that is a turtle suit. Why? Because it's clearing these highs. It's
1591 |1590 |02:15:55 ~-~-> 02:15:58 |clearing this high and it's trading into a premium array, and it's been going up
1592 |1591 |02:15:58 ~-~-> 02:16:07 |since last week, so it's reasonable to anticipate it, to do what, retrace and
1593 |1592 |02:16:07 ~-~-> 02:16:08 |challenge, what
1594 |1593 |02:16:10 ~-~-> 02:16:13 |the consequence of that wick? Because it didn't do it here. So we've pushed and
1595 |1594 |02:16:13 ~-~-> 02:16:17 |pushed and pushed and pushed pushed. We had two real high impact news drivers
1596 |1595 |02:16:17 ~-~-> 02:16:24 |yesterday and today, it's Wednesday pump day we're in here reaching for a market
1597 |1596 |02:16:25 ~-~-> 02:16:31 |level that I gave to you yesterday, and we watched it break down. I would not
1598 |1597 |02:16:31 ~-~-> 02:16:37 |have been filled on any entry here at all, because I would have had a limit
1599 |1598 |02:16:37 ~-~-> 02:16:41 |order right at this candles high, plus one tick that. That's how I would have
1600 |1599 |02:16:41 ~-~-> 02:16:46 |used it and it you watch and see me in the live stream here, I'll say I'm
1601 |1600 |02:16:46 ~-~-> 02:16:49 |interested. I'm watching this to see if it wants to get up in here. Because I'm
1602 |1601 |02:16:49 ~-~-> 02:16:52 |not going to execute today, not not yet. I will be executing in front you want to
1603 |1602 |02:16:52 ~-~-> 02:16:56 |see this stuff being pushed on a button. I'm going to do that because I want my
1604 |1603 |02:16:56 ~-~-> 02:16:59 |son to see how to enter orders, how to place a stop, when the move to stop. I'm
1605 |1604 |02:16:59 ~-~-> 02:17:03 |going to be doing all that stuff. I'm not afraid of that stuff, okay? But I'm
1606 |1605 |02:17:03 ~-~-> 02:17:06 |not going to be doing it as a service. I'm not going to be out here doing you
1607 |1606 |02:17:06 ~-~-> 02:17:09 |doing a dog and pony show every single day, because every time they can hear
1608 |1607 |02:17:09 ~-~-> 02:17:13 |it, has a $5 mentorship is going to duplicate what I'm doing. They're going
1609 |1608 |02:17:13 ~-~-> 02:17:17 |to literally say what I'm in my charts doing, and anybody is not watching me in
1610 |1609 |02:17:17 ~-~-> 02:17:21 |another world, third world nation. They're going to they're going to be
1611 |1610 |02:17:21 ~-~-> 02:17:23 |like this guy, smart, but all they're doing is parroting off of what I'm
1612 |1611 |02:17:23 ~-~-> 02:17:27 |doing. So that's why I'll be using the 15 second chart, because even though
1613 |1612 |02:17:27 ~-~-> 02:17:31 |there's a the smallest delay in latency between me doing this live and you
1614 |1613 |02:17:31 ~-~-> 02:17:37 |getting it, that's the way I'm going to combat that. That's the only way I can
1615 |1614 |02:17:37 ~-~-> 02:17:40 |combat it. Because everybody wants to do Clayton copy, everyone that's hot and
1616 |1615 |02:17:40 ~-~-> 02:17:45 |popular. And this old man still got some some spikes in this stuff. So everybody
1617 |1616 |02:17:45 ~-~-> 02:17:49 |that wants to, you know, rip somebody off, they're doing it mostly off of me,
1618 |1617 |02:17:49 ~-~-> 02:17:53 |but you'll see all the entries and stuff. But I have to give you the
1619 |1618 |02:17:53 ~-~-> 02:17:58 |foundations, because it's really meant for my son. And then when I start
1620 |1619 |02:17:58 ~-~-> 02:18:00 |showing him how to enter the orders, where I put the limit order in, where I
1621 |1620 |02:18:00 ~-~-> 02:18:04 |place my stop loss. And yes, it's important to use a stop loss, not like
1622 |1621 |02:18:04 ~-~-> 02:18:08 |put a trade on hope it moves around and then put a stop loss on screenshot it
1623 |1622 |02:18:08 ~-~-> 02:18:13 |when it's in in profit. No, look at my executions. I'm picking a stop loss, and
1624 |1623 |02:18:13 ~-~-> 02:18:18 |look how nice they are. Those stop losses have logic behind them, just like
1625 |1624 |02:18:18 ~-~-> 02:18:23 |I'm explaining all these things in here. They have very specific elements that
1626 |1625 |02:18:23 ~-~-> 02:18:29 |cannot be explained in a five minute sentence or video. There's so many
1627 |1626 |02:18:29 ~-~-> 02:18:32 |supporting things that have to go along with everything that makes these things
1628 |1627 |02:18:32 ~-~-> 02:18:37 |work, which is why I tell everybody it's going to be expensive. You want it to be
1629 |1628 |02:18:37 ~-~-> 02:18:41 |fast and easy? And I wish there was a way to do that. I wish there was a way
1630 |1629 |02:18:41 ~-~-> 02:18:45 |to do that, but you can see that it's not something that is explained right
1631 |1630 |02:18:45 ~-~-> 02:18:48 |away in one statement, and you have everything to know about it, and you
1632 |1631 |02:18:48 ~-~-> 02:18:52 |don't ever need to revisit or even worry about practicing studying it. You now
1633 |1632 |02:18:52 ~-~-> 02:18:55 |know what an order block is, because guess what? It's the opening price, if
1634 |1633 |02:18:55 ~-~-> 02:18:58 |it's multiple candles, is fine. The opening price of the up close candles,
1635 |1634 |02:18:58 ~-~-> 02:19:01 |that's the change in the state of delivery. They're going to write a book.
1636 |1635 |02:19:01 ~-~-> 02:19:04 |They can't trade it. They won't be able won't be able to do it. They won't even
1637 |1636 |02:19:04 ~-~-> 02:19:10 |be able to save a live price action and explain to you why it's gonna happen.
1638 |1637 |02:19:10 ~-~-> 02:19:13 |But I'm telling you how to do this stuff, so that way, once you learn it
1639 |1638 |02:19:14 ~-~-> 02:19:20 |and you digest all the information I'm supplying to you. Because again, I'm not
1640 |1639 |02:19:20 ~-~-> 02:19:24 |talking to the guys on Twitter, I'm not talking to guys on Instagram, I'm not
1641 |1640 |02:19:24 ~-~-> 02:19:30 |talking to other people on YouTube. I'm talking to my son. So I want him to know
1642 |1641 |02:19:30 ~-~-> 02:19:34 |everything. I don't want to say to him. I'm going to give you a condensed
1643 |1642 |02:19:34 ~-~-> 02:19:38 |version and filter out a lot of the essential parts. That's really going to
1644 |1643 |02:19:38 ~-~-> 02:19:41 |make it easier for you. When you have adversities trying to use it, you're
1645 |1644 |02:19:41 ~-~-> 02:19:44 |going to know it like the back of your hand. That's how I teach I'm teaching my
1646 |1645 |02:19:44 ~-~-> 02:19:49 |children how to know it like I know it. Everybody out there that has my logo and
1647 |1646 |02:19:49 ~-~-> 02:19:52 |their shit and trying to sell the idea that they know how to use this
1648 |1647 |02:19:52 ~-~-> 02:19:56 |information. Sometimes they they can use it. Sometimes they can. When they talk
1649 |1648 |02:19:56 ~-~-> 02:19:59 |about certain subject matter that I know, they don't know because I haven't
1650 |1649 |02:19:59 ~-~-> 02:20:04 |fully. Taught it. That's what gets on my skin. But that's also the reason why I'm
1651 |1650 |02:20:04 ~-~-> 02:20:09 |teaching in great lengths, because I'm talking to my children, I want them to
1652 |1651 |02:20:09 ~-~-> 02:20:14 |know every aspect. That means, if you listen to the dialog of everything I'm
1653 |1652 |02:20:14 ~-~-> 02:20:18 |saying, I'm giving you, what you don't realize is going to be a problem you
1654 |1653 |02:20:18 ~-~-> 02:20:22 |don't know yet, because the question didn't come up in your your development
1655 |1654 |02:20:22 ~-~-> 02:20:25 |or your testing of it yet. You haven't even messed around with it in live price
1656 |1655 |02:20:25 ~-~-> 02:20:29 |action. You haven't, you haven't investigated any of this yet. You're
1657 |1656 |02:20:29 ~-~-> 02:20:32 |just hearing me talk about certain things, and you think, Well, I
1658 |1657 |02:20:32 ~-~-> 02:20:37 |understand how to do that. No, you don't. You don't know how to do it. You
1659 |1658 |02:20:37 ~-~-> 02:20:40 |just know what I said. And that's not the same as going out and being able to
1660 |1659 |02:20:40 ~-~-> 02:20:43 |understand how to read it in the new price action. It's a new price action
1661 |1660 |02:20:43 ~-~-> 02:20:49 |that's going to form. So when I get questions saying, How do I know what
1662 |1661 |02:20:49 ~-~-> 02:20:57 |fair value gap to use? I'm teaching that to you here today. How do I know how to
1663 |1662 |02:20:57 ~-~-> 02:21:00 |trade the market maker? So can you talk about market maker? Sell models and buy
1664 |1663 |02:21:00 ~-~-> 02:21:07 |models. Everything I talk about is part of that, even if I don't even mention
1665 |1664 |02:21:07 ~-~-> 02:21:11 |it. If I never mention those terms, market maker, sell model, market maker,
1666 |1665 |02:21:11 ~-~-> 02:21:16 |buy model, every aspect of what I trade off of is part of either a market maker,
1667 |1666 |02:21:16 ~-~-> 02:21:20 |sell or market maker, buy model. It's always there, but because when I taught
1668 |1667 |02:21:20 ~-~-> 02:21:24 |that lesson. Go into the lectures. Okay? They're on the mentorship videos. Go in
1669 |1668 |02:21:24 ~-~-> 02:21:30 |the playlist. Go into the 2017 mentorship. And you'll see me talk about
1670 |1669 |02:21:31 ~-~-> 02:21:34 |market maker, buy models and sell models. And then I talk about the buy
1671 |1670 |02:21:34 ~-~-> 02:21:39 |side of the curve and I talk about the sell side of the curve. Okay, when the
1672 |1671 |02:21:39 ~-~-> 02:21:43 |buy side of the curves unfolding, that means it's buy side delivery. That means
1673 |1672 |02:21:43 ~-~-> 02:21:47 |down close candles or fair value gaps that get traded down into should supreme
1674 |1673 |02:21:48 ~-~-> 02:21:55 |trampoline push price higher once we turn to a point where it should reverse,
1675 |1674 |02:21:55 ~-~-> 02:21:59 |or could reverse, which is, in essence, a turtle suit environment. Turtle suit
1676 |1675 |02:21:59 ~-~-> 02:22:05 |is a reversal mechanism. This is a change in a state of delivery turtle
1677 |1676 |02:22:05 ~-~-> 02:22:11 |suit, and then you have a turtle soup that is an entry mechanism that's part
1678 |1677 |02:22:11 ~-~-> 02:22:17 |of an existing or unfolding sell or buy program. What does that mean? What does
1679 |1678 |02:22:17 ~-~-> 02:22:23 |that mean? That means that this is a change in a directional price run that's
1680 |1679 |02:22:23 ~-~-> 02:22:30 |going to most likely be sustained for a session or day or longer. The turtle
1681 |1680 |02:22:30 ~-~-> 02:22:33 |soup aspect is we're taking out the liquidity above this high and all these
1682 |1681 |02:22:33 ~-~-> 02:22:36 |highs here, so the buy stops that's resting in here. For anyone that wants
1683 |1682 |02:22:36 ~-~-> 02:22:40 |to go short or be short, if it's not there, it's definitely above there. But
1684 |1683 |02:22:40 ~-~-> 02:22:43 |how far? ICT, well, that's the reason why you want to have these new week
1685 |1684 |02:22:43 ~-~-> 02:22:48 |opening gaps and New Day opening gaps on your chart, five weeks for new week,
1686 |1685 |02:22:48 ~-~-> 02:22:53 |opening gaps, five days for new day, opening gaps. You are welcome, and I
1687 |1686 |02:22:53 ~-~-> 02:22:58 |encourage you, if you can organize your chart sufficiently to do more than that,
1688 |1687 |02:22:58 ~-~-> 02:23:04 |but as a baseline to start with, you'll see many really, really nice trade
1689 |1688 |02:23:04 ~-~-> 02:23:10 |setups using that criteria, five for end dogs, five days for end dogs, basically,
1690 |1689 |02:23:10 ~-~-> 02:23:19 |and then five weeks for new coconut gaps, end logs. It doesn't sound right.
1691 |1690 |02:23:20 ~-~-> 02:23:25 |End dog sounds cool. It's like, Yeah, well, what's up in dog? Yeah, that's
1692 |1691 |02:23:25 ~-~-> 02:23:30 |that's cool. End wall kind of sounds like you walk something wrong with that
1693 |1692 |02:23:30 ~-~-> 02:23:34 |guy, something wrong with him, but the information that it gives you, okay,
1694 |1693 |02:23:34 ~-~-> 02:23:38 |that information is gold, because it the markets are going to do what with them.
1695 |1694 |02:23:38 ~-~-> 02:23:42 |They're going to act as magnets. So if you have one element of turtle suit that
1696 |1695 |02:23:42 ~-~-> 02:23:47 |is a change in a state of delivery that causes a directional change that's going
1697 |1696 |02:23:47 ~-~-> 02:23:53 |to be sustained, okay, that's a reversal pattern. Then you have turtle soups that
1698 |1697 |02:23:53 ~-~-> 02:23:59 |are entry techniques that are part of an existing price run that's still yet to
1699 |1698 |02:23:59 ~-~-> 02:24:05 |be completed, meaning that we can look at all the run from here down to this
1700 |1699 |02:24:05 ~-~-> 02:24:12 |low here, in anything that sees a short term high pierced, not just by the
1701 |1700 |02:24:12 ~-~-> 02:24:23 |wicks, not just by The wicks the bodies. That's why I'm not teaching Linda rash
1702 |1701 |02:24:23 ~-~-> 02:24:29 |and Larry Connors turtle suit. This right here is not that pattern either.
1703 |1702 |02:24:30 ~-~-> 02:24:36 |Go look at I'll tell you, in a very simplistic way, the book streets marks
1704 |1703 |02:24:36 ~-~-> 02:24:39 |has a pattern. There's two of them, there's turtle soup and there's turtle
1705 |1704 |02:24:39 ~-~-> 02:24:45 |soup plus one, and all it is is they look for a 20 day high, and if it trades
1706 |1705 |02:24:45 ~-~-> 02:24:50 |above a 20 day high, they will fade that and go short. And they have a very short
1707 |1706 |02:24:50 ~-~-> 02:24:55 |profit objective. To me, it's infantile. It really doesn't make any sense. But if
1708 |1707 |02:24:55 ~-~-> 02:24:58 |we're short term trading, like getting in, getting out, real easy, no brainer
1709 |1708 |02:24:58 ~-~-> 02:25:03 |type things, you know it. If it's going to fail at a 20 day higher low. And I
1710 |1709 |02:25:03 ~-~-> 02:25:07 |don't trade this folks like I don't trade that pattern, there's got to be
1711 |1710 |02:25:07 ~-~-> 02:25:10 |something else. But for that book, that's all they had. And then there's
1712 |1711 |02:25:10 ~-~-> 02:25:15 |2020, days plus one, which is basically the same thing, just one more day. And
1713 |1712 |02:25:15 ~-~-> 02:25:19 |reverse it. They look at an old 20 day. What's the lowest low in the last 20
1714 |1713 |02:25:19 ~-~-> 02:25:24 |days? If it goes below that, they're going to buy that. Well, that's not
1715 |1714 |02:25:24 ~-~-> 02:25:28 |enough information for me. And just as well as they try to capitalize with the
1716 |1715 |02:25:28 ~-~-> 02:25:33 |name, which is really clever, they try to capitalize on the low hit strike rate
1717 |1716 |02:25:33 ~-~-> 02:25:37 |of the turtle traders that Richard Dennis trained because he used that 20
1718 |1717 |02:25:37 ~-~-> 02:25:41 |day breakout system, they would buy 20 day highs. And when it was a long term
1719 |1718 |02:25:41 ~-~-> 02:25:45 |trend, it would just keep on going, and they would make their money there, but
1720 |1719 |02:25:45 ~-~-> 02:25:49 |they had a lot of losing trades that the 20 day high breakout would fail and it
1721 |1720 |02:25:49 ~-~-> 02:25:52 |would go back into the range and stop them out. So they had a very, very low
1722 |1721 |02:25:52 ~-~-> 02:25:58 |strike rate, if my memory serves me right, it was less than 38% accurate. So
1723 |1722 |02:25:58 ~-~-> 02:26:01 |how many? How many times you want to stay with a trading system that has that
1724 |1723 |02:26:01 ~-~-> 02:26:05 |low of a success rate, chances are you're not. You all think you're going
1725 |1724 |02:26:05 ~-~-> 02:26:05 |to get 198%
1726 |1725 |02:26:07 ~-~-> 02:26:10 |all that shit that's not going to happen for your first couple years. You should
1727 |1726 |02:26:10 ~-~-> 02:26:15 |be tickled to death if you're less than 50% accurate and you're still
1728 |1727 |02:26:15 ~-~-> 02:26:20 |profitable, that's a huge Olympic win, because most people can't even get that.
1729 |1728 |02:26:21 ~-~-> 02:26:25 |You can be profitable and have a very low strike rate, but it takes the the
1730 |1729 |02:26:25 ~-~-> 02:26:30 |mindset of understanding that it's about making money. It's about staying
1731 |1730 |02:26:30 ~-~-> 02:26:34 |solvent. It's about following rules and not blowing the account. But it's so
1732 |1731 |02:26:34 ~-~-> 02:26:39 |easy to go on tilt and lose sight of what it is you're trying to do, and lose
1733 |1732 |02:26:39 ~-~-> 02:26:43 |sight of these, these building blocks, these stepping stones to Okay, well,
1734 |1733 |02:26:43 ~-~-> 02:26:47 |this is, this is what I'm going to use. And if that one transaction fails, it's
1735 |1734 |02:26:47 ~-~-> 02:26:50 |okay. I'm going to go back tomorrow, and I'm going to wait for these things to be
1736 |1735 |02:26:50 ~-~-> 02:26:55 |there again. And I'm not risking a lot. So Caleb can do every execution when he
1737 |1736 |02:26:55 ~-~-> 02:27:00 |starts trading, but he can't risk more than 1% but with turtle soups that are
1738 |1737 |02:27:00 ~-~-> 02:27:05 |part of existing price run, not a change in a direction like we have here. You
1739 |1738 |02:27:05 ~-~-> 02:27:10 |have turtle suit entry mechanisms for your your your trades. Well, can you
1740 |1739 |02:27:10 ~-~-> 02:27:15 |think of one without having to go on to any detail further right at this moment,
1741 |1740 |02:27:15 ~-~-> 02:27:18 |I want you to think about it for a second. What did you learn from me thus
1742 |1741 |02:27:18 ~-~-> 02:27:23 |far? Maybe in this mentorship this year. Maybe it's in other lectures and things
1743 |1742 |02:27:23 ~-~-> 02:27:27 |I've had on the YouTube channel. Maybe I thought about it in Twitter space when I
1744 |1743 |02:27:27 ~-~-> 02:27:36 |was on Twitter. What? What? What concept do you think would be an example, one
1745 |1744 |02:27:36 ~-~-> 02:27:41 |example, of a turtle soup that's an entry technique in a trade that a
1746 |1745 |02:27:41 ~-~-> 02:27:46 |existing trend or momentum or seller buy program is underway. Can you think about
1747 |1746 |02:27:46 ~-~-> 02:27:47 |that? What
1748 |1747 |02:27:52 ~-~-> 02:27:59 |do you think it is institutional order for
1749 |1748 |02:28:01 ~-~-> 02:28:02 |integer? How about that?
1750 |1749 |02:28:04 ~-~-> 02:28:11 |We have that in the form of we have an old high here. See that? Why is this
1751 |1750 |02:28:11 ~-~-> 02:28:18 |high being utilized anyway? Because it's a fair value gap. Every time I go into a
1752 |1751 |02:28:18 ~-~-> 02:28:23 |short on a fair value gap, or if I go long on a fair value gap, my mind is I'm
1753 |1752 |02:28:23 ~-~-> 02:28:26 |trading in an efficiency with a mechanism of entering with the turtle
1754 |1753 |02:28:26 ~-~-> 02:28:33 |suit. So I'm buying below an old low. So if I'm like, for instance, I didn't take
1755 |1754 |02:28:33 ~-~-> 02:28:37 |this trade. So just for full full disclosure, let's say that I was seeing
1756 |1755 |02:28:37 ~-~-> 02:28:42 |this at the time. Okay? And I want to take a trade and I want to be a buyer.
1757 |1756 |02:28:42 ~-~-> 02:28:51 |I'm going to use this candlestick here, the high. Why am I using that? Remember
1758 |1757 |02:28:52 ~-~-> 02:28:58 |what I was talking about earlier. Look at the wick. It's overlapping inside the
1759 |1758 |02:28:58 ~-~-> 02:29:01 |top end of that candlestick. That makes that small little I'm gonna have to zoom
1760 |1759 |02:29:01 ~-~-> 02:29:01 |in.
1761 |1760 |02:29:11 ~-~-> 02:29:16 |I know you guys can zoom in on your YouTube, but I want to really get in
1762 |1761 |02:29:16 ~-~-> 02:29:19 |here and kind of give you the brass tacks to this, because if I'm going to
1763 |1762 |02:29:19 ~-~-> 02:29:24 |teach I'm gonna teach it, right? So we have this candlestick run up, and then
1764 |1763 |02:29:24 ~-~-> 02:29:30 |we have this portion where we opened and traded down. You might look at this and
1765 |1764 |02:29:30 ~-~-> 02:29:35 |say, Well, why don't you have this in this? That's something entirely
1766 |1765 |02:29:35 ~-~-> 02:29:40 |different. That's a that says, This is a normal run of the mill, ICT, fair value
1767 |1766 |02:29:40 ~-~-> 02:29:43 |guy. This is, this is what you get when you watch one video and you think you
1768 |1767 |02:29:43 ~-~-> 02:29:48 |know everything about it. You don't just like when I teach a volume imbalance.
1769 |1768 |02:29:48 ~-~-> 02:29:53 |Okay, if I teach you to use a volume imbalance when there's a fair value gap
1770 |1769 |02:29:53 ~-~-> 02:29:58 |information, that means that there's a, there's a separation between one candle
1771 |1770 |02:29:58 ~-~-> 02:30:02 |body and another candles by. Body that is inside of the fair value gap. We
1772 |1771 |02:30:02 ~-~-> 02:30:07 |don't have that here, but what do we what do we have? We have an overlapping
1773 |1772 |02:30:07 ~-~-> 02:30:11 |of this candle is high. It's all body. And then we open, we trade down. It
1774 |1773 |02:30:11 ~-~-> 02:30:15 |overlaps this little portion in here, but there's no wick there. You see that
1775 |1774 |02:30:16 ~-~-> 02:30:19 |big telltale sign what's occurring there.
1776 |1775 |02:30:19 ~-~-> 02:30:20 |It's flush. And
1777 |1776 |02:30:21 ~-~-> 02:30:25 |one little tap down. So and I highlight this. I'm highlighting that you're
1778 |1777 |02:30:25 ~-~-> 02:30:28 |thinking, I guarantee you I probably got comments right now, and they're probably
1779 |1778 |02:30:28 ~-~-> 02:30:31 |gonna go in there and Delete it now. They use my most recent post on my
1780 |1779 |02:30:31 ~-~-> 02:30:35 |community post, you're drawing the fair value you got wrong. No, you're not. You
1781 |1780 |02:30:35 ~-~-> 02:30:38 |don't know what the fuck you're talking about. This is how I would classify this
1782 |1781 |02:30:38 ~-~-> 02:30:43 |inefficiency. But I have to encapsulate it here, because this is a balanced
1783 |1782 |02:30:43 ~-~-> 02:30:47 |price range between this low and that candles high. That is a PDA that you've
1784 |1783 |02:30:47 ~-~-> 02:30:50 |never learned before. It's the first time I'm introducing it, just like when
1785 |1784 |02:30:50 ~-~-> 02:30:55 |I introduced the inception of the volume imbalance. When there's a gap, the fair
1786 |1785 |02:30:55 ~-~-> 02:30:58 |value gap, you have to incorporate that, because that's the real range of that
1787 |1786 |02:30:58 ~-~-> 02:31:02 |inefficiency, this inefficiency here. You have to refer to that as well.
1788 |1787 |02:31:04 ~-~-> 02:31:08 |Notice it doesn't even get down into that gap low right there, where it was
1789 |1788 |02:31:08 ~-~-> 02:31:12 |like this. There's nothing there. It's just a gap that stayed open. Yeah,
1790 |1789 |02:31:12 ~-~-> 02:31:16 |wonderful. But that's not the narrative. The narrative is, is you have a balanced
1791 |1790 |02:31:16 ~-~-> 02:31:22 |price range here inside of a fair value gap. So that's why the market goes down
1792 |1791 |02:31:22 ~-~-> 02:31:25 |to that level there and sends it higher. So in case you were watching it earlier,
1793 |1792 |02:31:25 ~-~-> 02:31:30 |explain this because I was in a rant. You were probably thinking, no, this
1794 |1793 |02:31:30 ~-~-> 02:31:33 |doesn't make any sense. No, you don't know all the details. This is why you
1795 |1794 |02:31:33 ~-~-> 02:31:36 |can't get a five minute trainer. You can't get $1 mentorship mentor telling
1796 |1795 |02:31:36 ~-~-> 02:31:40 |you this stuff. They don't know. They don't know. Okay, I promise you, they
1797 |1796 |02:31:40 ~-~-> 02:31:44 |don't know if you're not, if you're not learning from me, you're getting watered
1798 |1797 |02:31:44 ~-~-> 02:31:48 |down bullshit. You're not getting you're not getting the real details, and it
1799 |1798 |02:31:48 ~-~-> 02:31:56 |ain't gonna work for you. So extending that over here, that's what that's the
1800 |1799 |02:31:56 ~-~-> 02:32:02 |range. But if you have this candlestick here for that, that gap from here to
1801 |1800 |02:32:02 ~-~-> 02:32:09 |here, see that that gap is part of the cell program. It's it's formed as it
1802 |1801 |02:32:09 ~-~-> 02:32:13 |dropped. So those are going to always be the most important ones. I'm watching
1803 |1802 |02:32:13 ~-~-> 02:32:18 |that because what I'm watching is I want to see, does it converge and agree with
1804 |1803 |02:32:18 ~-~-> 02:32:23 |something that's over here that formed as a basis for taking a trade. Okay,
1805 |1804 |02:32:24 ~-~-> 02:32:31 |let's say that we did not have this gap again, and say we didn't have this gap.
1806 |1805 |02:32:32 ~-~-> 02:32:38 |In this gap, what over here would be in agreement with this six o'clock time?
1807 |1806 |02:32:39 ~-~-> 02:32:43 |Remember yesterday at 6pm we have to annotate that either with the new day
1808 |1807 |02:32:43 ~-~-> 02:32:47 |opening gap. If there's this distinction between the 5pm closing price and the
1809 |1808 |02:32:47 ~-~-> 02:32:52 |6pm opening price, because there's that one hour gap in in price and trading,
1810 |1809 |02:32:52 ~-~-> 02:32:55 |they don't, they don't trade between five and six o'clock. We always annotate
1811 |1810 |02:32:55 ~-~-> 02:33:00 |that as a new day opening gap. But if the 5pm closing price or selling price
1812 |1811 |02:33:00 ~-~-> 02:33:04 |is the same as the opening price at 6pm all we do is draw a single line, and you
1813 |1812 |02:33:04 ~-~-> 02:33:08 |can label whatever you want. If that's all we had there, and we didn't have the
1814 |1813 |02:33:08 ~-~-> 02:33:13 |inefficiency in this form of this gap here, and we didn't have that one here,
1815 |1814 |02:33:13 ~-~-> 02:33:17 |what? What else would be there? And let's say we didn't have this wick here,
1816 |1815 |02:33:17 ~-~-> 02:33:21 |say we didn't have that what else if it was retracing up? What else would I lean
1817 |1816 |02:33:21 ~-~-> 02:33:28 |on? I would use this obviously, but it could trade through them. Remember, it
1818 |1817 |02:33:28 ~-~-> 02:33:32 |can spike. It can cause candlesticks, like it did here, to have the wicks.
1819 |1818 |02:33:33 ~-~-> 02:33:40 |What is it doing? Look to the left. It's part of the buy side of the curve. What
1820 |1819 |02:33:40 ~-~-> 02:33:44 |do you see? Don't look at my cursor. I'm not putting my my cursor on it to give
1821 |1820 |02:33:44 ~-~-> 02:33:49 |you any help. I want you to try to think about it and tell me what you see. Okay,
1822 |1821 |02:33:49 ~-~-> 02:33:58 |obviously I can't see I can't hear you. But isn't this a wick? See that? So what
1823 |1822 |02:33:58 ~-~-> 02:34:03 |do you do? It? Wicks like that. Ignore. Oh, it's a doji ICT. You're reinventing
1824 |1823 |02:34:03 ~-~-> 02:34:10 |bullshit. Come on, steal Steve Nielsen. Guys, not just Steve Nielsen's the
1825 |1824 |02:34:10 ~-~-> 02:34:16 |candlestick. God, puny God. Here's the halfway point of that wick. That's
1826 |1825 |02:34:16 ~-~-> 02:34:19 |pretty fucking random, isn't it? It might rate to that as well. And even if
1827 |1826 |02:34:19 ~-~-> 02:34:23 |didn't have all these other things. If this candlestick went up and stopped
1828 |1827 |02:34:23 ~-~-> 02:34:27 |short of that, that means I absolutely know, with a great deal of confidence
1829 |1828 |02:34:28 ~-~-> 02:34:32 |that the next candle, when it opens, I want to trade into the body of this
1830 |1829 |02:34:32 ~-~-> 02:34:35 |candle, and as soon as it does that, that's going to be treated as a bare
1831 |1830 |02:34:35 ~-~-> 02:34:39 |shorter block, not because it's an up close candle, but I'm trading it because
1832 |1831 |02:34:39 ~-~-> 02:34:43 |it's inside of the range of that candlestick. Remember I was telling you
1833 |1832 |02:34:43 ~-~-> 02:34:48 |many times in rants, many times on Twitter spaces. I can, I can trade
1834 |1833 |02:34:48 ~-~-> 02:34:52 |inside of an order block before anybody else would recognize it as an order
1835 |1834 |02:34:52 ~-~-> 02:34:57 |block, or they want to call it a supplier demand zone. I'm trading inside
1836 |1835 |02:34:57 ~-~-> 02:35:01 |of the candlestick that will later on be. Obvious in hindsight to someone
1837 |1836 |02:35:01 ~-~-> 02:35:06 |else. Oh, that's an order block, but you were entering before the order block.
1838 |1837 |02:35:06 ~-~-> 02:35:09 |How do you know how to do the ICT? You're getting all the answers in 2024
1839 |1838 |02:35:09 ~-~-> 02:35:13 |baby. All you gotta do is show up. Just take some fucking notes. All the
1840 |1839 |02:35:13 ~-~-> 02:35:18 |information is being disseminated to you like a fire hose. Okay, don't complain
1841 |1840 |02:35:18 ~-~-> 02:35:24 |when it rips your fucking face off. Just be thankful you're getting a drink that
1842 |1841 |02:35:24 ~-~-> 02:35:28 |wick, that consequent encroachment extended on over here. So how many
1843 |1842 |02:35:28 ~-~-> 02:35:34 |things are you seeing converging right there? Lots that tells you that this
1844 |1843 |02:35:34 ~-~-> 02:35:38 |retracement here is going to send price lower. That's why I said. I want to see
1845 |1844 |02:35:38 ~-~-> 02:35:41 |it now. Go down into go back and listen to the stream. It's going to be there. I
1846 |1845 |02:35:41 ~-~-> 02:35:44 |can't change it. We're going to look at it and see if it can reach down to the
1847 |1846 |02:35:44 ~-~-> 02:35:50 |lower quadrant. And it gravitates from here down to that. Then what's it do? It
1848 |1847 |02:35:50 ~-~-> 02:35:56 |returns back to the midpoint, consequent crochet of that wick. See how that
1849 |1848 |02:35:56 ~-~-> 02:36:00 |works. Boom. Oh, this classic Support Resistance. No, it's not, it's not
1850 |1849 |02:36:00 ~-~-> 02:36:07 |supply and demand. It's technical science and con Creole. It's technical
1851 |1850 |02:36:07 ~-~-> 02:36:12 |science, baby. You know, he's fucking watching these videos. If someone tells
1852 |1851 |02:36:12 ~-~-> 02:36:15 |you that, they can tell you what's going to happen in intraday charts, run away
1853 |1852 |02:36:15 ~-~-> 02:36:18 |from them. They're a con man. They can't do it. They're not well, what do you do
1854 |1853 |02:36:18 ~-~-> 02:36:23 |with us? It's a whole, bunch of us doing it. Market trades out to that and then
1855 |1854 |02:36:23 ~-~-> 02:36:26 |trades down to the low and explores below the low, which is what we have
1856 |1855 |02:36:26 ~-~-> 02:36:33 |here. Okay. Now with that said, I've exhausted everything to do with the buy
1857 |1856 |02:36:33 ~-~-> 02:36:37 |side of the curve over here. Then the rest of it is to simply using the
1858 |1857 |02:36:37 ~-~-> 02:36:41 |rejection block and the actual low. Okay, so we went through all the PDA
1859 |1858 |02:36:41 ~-~-> 02:36:45 |raise from that high, going backwards inside the range. So that's trading
1860 |1859 |02:36:45 ~-~-> 02:36:53 |inside the range. So my question to you is, out of all those things there, which
1861 |1860 |02:36:53 ~-~-> 02:36:58 |element is your multiplier? What's the one that you see right now? I'm not
1862 |1861 |02:36:58 ~-~-> 02:37:02 |saying that you can go out take a trade with it. It it doesn't mean that you can
1863 |1862 |02:37:02 ~-~-> 02:37:06 |go out there right now, in front of the whole world, live stream and do entries
1864 |1863 |02:37:06 ~-~-> 02:37:10 |with it. That's that's not realistic for you expect that. I wouldn't expect that
1865 |1864 |02:37:10 ~-~-> 02:37:18 |out of you. But which one did you see? Chances are you didn't see all that. You
1866 |1865 |02:37:18 ~-~-> 02:37:25 |might have saw one or two, maybe three things. But which one did you easily see
1867 |1866 |02:37:25 ~-~-> 02:37:29 |without me making special attention to it, or if you're brand new, out of all
1868 |1867 |02:37:29 ~-~-> 02:37:32 |the ones I just described, the one that makes most sense to you right now,
1869 |1868 |02:37:32 ~-~-> 02:37:38 |because that's where you start. That's your beginning point. That's the thing
1870 |1869 |02:37:38 ~-~-> 02:37:41 |that you look for in price action, and when it's not there, you do nothing
1871 |1870 |02:37:43 ~-~-> 02:37:46 |until you get more understanding and more learning, more experience watching
1872 |1871 |02:37:46 ~-~-> 02:37:52 |me call this stuff over life price action, then you'll see, oh, I started
1873 |1872 |02:37:52 ~-~-> 02:37:56 |with a so and so PD array, and that was where I first started learning. But then
1874 |1873 |02:37:56 ~-~-> 02:37:59 |I really fell in love with this particular PD array. I'm leaving it
1875 |1874 |02:37:59 ~-~-> 02:38:03 |blank, so that way it gives you the flexibility and allow your personality,
1876 |1875 |02:38:03 ~-~-> 02:38:07 |because it's essential for that to be there. I don't want to force you into
1877 |1876 |02:38:07 ~-~-> 02:38:11 |this. Is the only way to do it, but Caleb's going to have to learn all these
1878 |1877 |02:38:11 ~-~-> 02:38:15 |other ones, in addition to just simply a fair value gap, because it supports
1879 |1878 |02:38:15 ~-~-> 02:38:20 |holding on to a trade. ICT, can you talk about how to hold on to a trade? Because
1880 |1879 |02:38:20 ~-~-> 02:38:24 |I get shaken out of trades, and I have a target, but I get scared and I get taken
1881 |1880 |02:38:24 ~-~-> 02:38:27 |out of it because I close a trade, and then that goes to my target. Well, you
1882 |1881 |02:38:27 ~-~-> 02:38:32 |have to know your range up here. Well, if it's going to go lower, where it's
1883 |1882 |02:38:32 ~-~-> 02:38:37 |going to go to that lows where sell side. But before we go there, we have
1884 |1883 |02:38:37 ~-~-> 02:38:41 |all kinds of opportunities, which is what I just outlined. We don't need it
1885 |1884 |02:38:41 ~-~-> 02:38:45 |to go below that low, or even trade to that low to be profitable. Any one of
1886 |1885 |02:38:45 ~-~-> 02:38:48 |these PD arrays that we outlined in the rejection block in that low, and in this
1887 |1886 |02:38:48 ~-~-> 02:38:51 |consequence, I'm that wick that could have been a partial, that could have
1888 |1887 |02:38:51 ~-~-> 02:38:54 |been a terminus for your trade. And guess what? That doesn't mean that
1889 |1888 |02:38:54 ~-~-> 02:38:57 |you're stupid. Doesn't mean that you're not good at trading because you didn't
1890 |1889 |02:38:57 ~-~-> 02:39:03 |hold for all this run down here. You have to have a starting point like my
1891 |1890 |02:39:03 ~-~-> 02:39:03 |son, Caleb,
1892 |1891 |02:39:04 ~-~-> 02:39:11 |he has to have some kind of measurable expected range to operate in at around a
1893 |1892 |02:39:11 ~-~-> 02:39:17 |specific time of day and do the same things every single day and not worry
1894 |1893 |02:39:17 ~-~-> 02:39:21 |about what's going on outside the boundaries and parameters that that
1895 |1894 |02:39:21 ~-~-> 02:39:26 |entails, because you're you're always going to find an excuse to feel like you
1896 |1895 |02:39:26 ~-~-> 02:39:30 |didn't do enough, you didn't make enough, you didn't get in at the best
1897 |1896 |02:39:30 ~-~-> 02:39:34 |price, you didn't hold for the best price, and get out at the best price,
1898 |1897 |02:39:34 ~-~-> 02:39:37 |like that. That's something that you're going to be plagued with the rest of
1899 |1898 |02:39:37 ~-~-> 02:39:41 |your life. As someone that's been doing this for 30 plus years, I don't like my
1900 |1899 |02:39:41 ~-~-> 02:39:46 |exits. I want them to be perfect. I want them to be better than they are. And you
1901 |1900 |02:39:46 ~-~-> 02:39:49 |see what I do with my executions of my show, my entry, man, it's a whole show.
1902 |1901 |02:39:50 ~-~-> 02:39:55 |You see that it's it's pretty good. And if I can go back in time and say that to
1903 |1902 |02:39:55 ~-~-> 02:39:58 |my younger self at 20 some years old, here's how you're gonna know how to
1904 |1903 |02:39:58 ~-~-> 02:40:02 |trade later on, I'd be like if i. Can just do that, I'm happy, but that won't
1905 |1904 |02:40:02 ~-~-> 02:40:04 |be true when you get to that point, because you're like, I want to go beyond
1906 |1905 |02:40:04 ~-~-> 02:40:08 |this. So you're always striving, at least for me, I'm always striving for
1907 |1906 |02:40:08 ~-~-> 02:40:11 |perfection, knowing it's going to evade me, but I'm going in the right
1908 |1907 |02:40:11 ~-~-> 02:40:17 |direction. I'm not trying to go the other way. I'm trying to refine and make
1909 |1908 |02:40:17 ~-~-> 02:40:22 |it better. And usually that's done by doing little, little and less, not more
1910 |1909 |02:40:22 ~-~-> 02:40:27 |of the same stuff. It's just doing less of the things that I try to do. And
1911 |1910 |02:40:27 ~-~-> 02:40:34 |that's when I don't try to beat my own systems. When I don't do that, I have
1912 |1911 |02:40:34 ~-~-> 02:40:38 |the better, the better exits, and when I try to finesse certain things, because,
1913 |1912 |02:40:38 ~-~-> 02:40:43 |you know, I think I've woke up on a better side of the bed. I think I'm
1914 |1913 |02:40:43 ~-~-> 02:40:49 |gonna really do a stunner today. My exes aren't as fashionable as other times, so
1915 |1914 |02:40:49 ~-~-> 02:40:53 |I don't know if that means anything to you, but I just learned that that's what
1916 |1915 |02:40:53 ~-~-> 02:40:59 |I've observed in my own my own exits, my own strategies and such. But when the
1917 |1916 |02:40:59 ~-~-> 02:41:03 |market creates this fair value got this high right here. Okay, let me take let
1918 |1917 |02:41:03 ~-~-> 02:41:09 |me take this off for now. Let me take all this stuff off for now. And what I'm
1919 |1918 |02:41:09 ~-~-> 02:41:16 |saying is conceptually, from this candles opening price all the way down
1920 |1919 |02:41:17 ~-~-> 02:41:22 |to here, and we'll just use, we'll replicate this is also a targeting
1921 |1920 |02:41:22 ~-~-> 02:41:25 |strategy, so you can write this in your notes too. It'll be in the book. Case
1922 |1921 |02:41:25 ~-~-> 02:41:29 |you don't fully get it here, because I have a wick. I'm grading that price
1923 |1922 |02:41:29 ~-~-> 02:41:35 |swing or that that range, if you will. We have a quadrant. So if we have this,
1924 |1923 |02:41:36 ~-~-> 02:41:40 |and it's one quarter of that range, I'm going to ballpark another quarter range
1925 |1924 |02:41:41 ~-~-> 02:41:47 |projection lower. And that's a Valerie. I'm trying. I'm looking at this here to
1926 |1925 |02:41:47 ~-~-> 02:41:54 |here. Okay, that's what I'm that's what I'm doing right there. And if I want to,
1927 |1926 |02:41:55 ~-~-> 02:42:01 |I can do This. That would be negative point two, five.
1928 |1927 |02:42:08 ~-~-> 02:42:30 |I'm it, that's pretty good. That's that's pretty close for for Ivana, for
1929 |1928 |02:42:30 ~-~-> 02:42:35 |50 roll with a prescription. Updated my eyeglass. I had my eyeglasses
1930 |1929 |02:42:36 ~-~-> 02:42:42 |prescription checked, and I discovered that I have gone up to prescriptions,
1931 |1930 |02:42:42 ~-~-> 02:42:47 |and that's the biggest jump I've had with my vision in my whole life. So
1932 |1931 |02:42:48 ~-~-> 02:42:54 |that's a little disconcerting, but the the range here that I just projected,
1933 |1932 |02:42:54 ~-~-> 02:42:57 |that's a good target, right there. So if we're going to go below this low, how?
1934 |1933 |02:42:57 ~-~-> 02:43:04 |How? How can you determine a very low threshold, very easy, low hanging fruit.
1935 |1934 |02:43:04 ~-~-> 02:43:09 |Objective, if you want to try to trade for something lower than that low, how
1936 |1935 |02:43:09 ~-~-> 02:43:14 |can you do it? Well, what is that low part of is it part of a range like this
1937 |1936 |02:43:14 ~-~-> 02:43:20 |wick, or is it part of the range from this high down to that low? If it's
1938 |1937 |02:43:20 ~-~-> 02:43:23 |going to go below that for the Express purposes of using the wick for your
1939 |1938 |02:43:23 ~-~-> 02:43:27 |target or the range high down to that low, if it's going to go below that low
1940 |1939 |02:43:27 ~-~-> 02:43:33 |for seeking liquidity. Okay, let me do this. Okay, we just did that measurement
1941 |1940 |02:43:34 ~-~-> 02:43:42 |on that that that anchored right here. We're going to draw this up to that
1942 |1941 |02:43:42 ~-~-> 02:43:53 |high, and you can see it's on that low, the same the same aspect of what we were
1943 |1942 |02:43:53 ~-~-> 02:43:57 |trying to measure for projections. We can do that same thing with that range
1944 |1943 |02:43:57 ~-~-> 02:44:07 |here, and whatever the 20% or 25% or a quarter of that range. Here we can
1945 |1944 |02:44:07 ~-~-> 02:44:13 |project lower. That's the lowest threshold. That's the easiest. If it's
1946 |1945 |02:44:13 ~-~-> 02:44:18 |going to go below an old low, how far can it go below the old low? And you can
1947 |1946 |02:44:18 ~-~-> 02:44:19 |get that measured by one
1948 |1947 |02:44:25 ~-~-> 02:44:34 |that. So you have the low of the actual candle, like this. See that that's the
1949 |1948 |02:44:34 ~-~-> 02:44:37 |low, that's where we were targeting, and anything below that would be liquidity,
1950 |1949 |02:44:37 ~-~-> 02:44:40 |what kind of liquidity, sell side? And if you're using the range, you're going
1951 |1950 |02:44:40 ~-~-> 02:44:47 |to be using range targeting. This range is the high to that low, and this is one
1952 |1951 |02:44:47 ~-~-> 02:44:52 |quarter of the range projected below that low. That takes us to this level
1953 |1952 |02:44:52 ~-~-> 02:44:55 |here, and that's a pretty good target. I mean, you won't get all that, but that's
1954 |1953 |02:44:55 ~-~-> 02:44:59 |okay, and that's usually like a if you're not using standard deviations.
1955 |1954 |02:44:59 ~-~-> 02:45:04 |Now. Standard deviations are taught in the mentorship videos on the 2017
1956 |1955 |02:45:05 ~-~-> 02:45:09 |mentorship playlists. I don't recall off the top my head, because I'm 52 I'm
1957 |1956 |02:45:09 ~-~-> 02:45:12 |having a Biden Amendment right now. When it comes to think about where the
1958 |1957 |02:45:13 ~-~-> 02:45:17 |content was per month, I don't recall what that was, because it's been a
1959 |1958 |02:45:17 ~-~-> 02:45:22 |little bit of time since then, but where I'm teaching standard deviations. That
1960 |1959 |02:45:22 ~-~-> 02:45:26 |is the closest thing that I'm going to reveal to the public on how to get
1961 |1960 |02:45:26 ~-~-> 02:45:30 |really, really, really tight precision grouping with your exits that are
1962 |1961 |02:45:30 ~-~-> 02:45:34 |closest to the highs and closest to the lows. But if you want something that's
1963 |1962 |02:45:34 ~-~-> 02:45:37 |very simple, doesn't take a whole lot of work. It's really off the cuff quick.
1964 |1963 |02:45:37 ~-~-> 02:45:41 |It's just what I just showed you here. Okay, if you just rewind this portion
1965 |1964 |02:45:41 ~-~-> 02:45:44 |again. It'll make perfect sense to you. The only thing you're doing is trying to
1966 |1965 |02:45:44 ~-~-> 02:45:49 |get one quarter of the range beyond the low or high that you're trying to trade
1967 |1966 |02:45:49 ~-~-> 02:45:54 |for. So this is what we were aiming for, and that's the excuse for reaching for
1968 |1967 |02:45:54 ~-~-> 02:45:58 |something in here or in here and being content with not getting anything beyond
1969 |1968 |02:45:58 ~-~-> 02:46:04 |that. And that's going to be a skill set for you to acquire, where I made enough
1970 |1969 |02:46:04 ~-~-> 02:46:09 |money, and you have to come to terms with whatever that is. And over time,
1971 |1970 |02:46:09 ~-~-> 02:46:13 |you're going to see that that is more than more than plenty. But it won't feel
1972 |1971 |02:46:13 ~-~-> 02:46:16 |like that when you're when you're first learning. So back to this through here
1973 |1972 |02:46:16 ~-~-> 02:46:20 |for turtle suits that are part of an existing price run. Anytime you're
1974 |1973 |02:46:20 ~-~-> 02:46:23 |trading in a fair value gut, you're literally trading in turtle suit. You're
1975 |1974 |02:46:23 ~-~-> 02:46:27 |trading above and going short an old high, which is this candle high. So it's
1976 |1975 |02:46:27 ~-~-> 02:46:30 |not support and resistance that we're trading. We're trading with the express
1977 |1976 |02:46:30 ~-~-> 02:46:39 |purposes that there's an absence of buyers that's been afforded any
1978 |1977 |02:46:39 ~-~-> 02:46:42 |opportunity to be a buyer above this candle high. That's essentially what my
1979 |1978 |02:46:42 ~-~-> 02:46:48 |fair value got this doing. So let's do this. Let's amplify this again. This is
1980 |1979 |02:46:48 ~-~-> 02:46:51 |a little reminder, if you guys are learning today you like this kind of
1981 |1980 |02:46:51 ~-~-> 02:46:55 |stuff, because when I when I don't see a lot of thumbs up and I'm teaching stuff
1982 |1981 |02:46:55 ~-~-> 02:46:59 |that I never really wanted to teach, it kind of makes me feel like, you know
1983 |1982 |02:46:59 ~-~-> 02:47:04 |what, I'm gonna I'm gonna slow my roll, and I'll just not be so forthcoming with
1984 |1983 |02:47:04 ~-~-> 02:47:07 |the information, because it doesn't cost you anything to do a thumbs up. But I
1985 |1984 |02:47:07 ~-~-> 02:47:12 |like seeing that, because I know if I got 100,000 views on a video, 175,000
1986 |1985 |02:47:14 ~-~-> 02:47:20 |views of a lecture, and I see like 10,000 likes, or 5000 likes or 6000
1987 |1986 |02:47:21 ~-~-> 02:47:24 |likes, to me, it's a little insulting, because I don't need to be here. I could
1988 |1987 |02:47:24 ~-~-> 02:47:28 |very easily say, Caleb, fuck these people. I don't like what, what I'm
1989 |1988 |02:47:28 ~-~-> 02:47:32 |doing. I don't feel encouraged to do it. It's free, and they're not appreciating
1990 |1989 |02:47:32 ~-~-> 02:47:36 |it. And it's kind of like an F you or a middle finger to ICT when it's like
1991 |1990 |02:47:36 ~-~-> 02:47:39 |that. That's how I view it. Because you're not going to get this information
1992 |1991 |02:47:39 ~-~-> 02:47:42 |from anyone else. They're not going to explain it. They're not going to get
1993 |1992 |02:47:42 ~-~-> 02:47:45 |into details. They're not going to give it in a way where you can use it and
1994 |1993 |02:47:45 ~-~-> 02:47:48 |know how to do it without me ever teaching it to you again. That's how I'm
1995 |1994 |02:47:48 ~-~-> 02:47:53 |teaching it. There's no catch here, okay? But I understand that. It's the
1996 |1995 |02:47:53 ~-~-> 02:47:58 |mentality of most people today is, you know, you owe it to me. I don't owe a
1997 |1996 |02:47:58 ~-~-> 02:48:02 |fucking thing to anybody but a guy leave me a comment saying, hey, when you say,
1998 |1997 |02:48:02 ~-~-> 02:48:05 |Fuck you, we have a lot of students that really like you, and they might think
1999 |1998 |02:48:05 ~-~-> 02:48:09 |you're talking to them. In this regard, I am, because if you're watching my
2000 |1999 |02:48:09 ~-~-> 02:48:14 |stuff, and I'm pouring my my attention and in time into my son, and I'm making
2001 |2000 |02:48:14 ~-~-> 02:48:18 |it available to you, I know it's I know it works. You're watching it unfold live
2002 |2001 |02:48:18 ~-~-> 02:48:24 |over the charts. There's nobody else doing that. So if the logic is real and
2003 |2002 |02:48:24 ~-~-> 02:48:28 |it's valid, and it repeats over and over again, and I'm telling you the why, that
2004 |2003 |02:48:28 ~-~-> 02:48:33 |way you learn how to use it, trust it, and then you can anticipate it, how to
2005 |2004 |02:48:33 ~-~-> 02:48:37 |know how to find it on your own. That's what mentorship is. It's not me. I mean,
2006 |2005 |02:48:37 ~-~-> 02:48:42 |it's not me out here demonstrating my toys. It's me teaching my son in your
2007 |2006 |02:48:42 ~-~-> 02:48:48 |witness. So when he's duplicating these types of things, you were there as he
2008 |2007 |02:48:48 ~-~-> 02:48:52 |learned it, how he learned it. There's no secret lessons. I look I'm 52 I'm
2009 |2008 |02:48:52 ~-~-> 02:48:56 |running out of energy here, so I'm pouring everything into this. It's not
2010 |2009 |02:48:56 ~-~-> 02:49:00 |going to be anything outside of this, because I'm pouring hours and hours, and
2011 |2010 |02:49:00 ~-~-> 02:49:05 |I got people complaining your videos are too long. Well, then break it up. Nobody
2012 |2011 |02:49:05 ~-~-> 02:49:09 |says you had to sit down and watch it in one setting. That's the problem. You're
2013 |2012 |02:49:09 ~-~-> 02:49:13 |trying to rush through it all. But the fair value gap is this. We have one
2014 |2013 |02:49:13 ~-~-> 02:49:18 |single pass the shaded area is highlighting this candle to that low
2015 |2014 |02:49:18 ~-~-> 02:49:23 |that candle. Okay, I don't care about anything else, except for that. Candle
2016 |2015 |02:49:23 ~-~-> 02:49:27 |is low because there's no volume imbalance there. See that? No volume
2017 |2016 |02:49:27 ~-~-> 02:49:33 |imbalance. We're part of the cell side of the curve. We're dropping. I want to
2018 |2017 |02:49:33 ~-~-> 02:49:39 |see it stay low. I want to see it stay low. So I am only interested in
2019 |2018 |02:49:39 ~-~-> 02:49:44 |technically seeing I don't really have that highlight, I'm going to take the
2020 |2019 |02:49:44 ~-~-> 02:49:48 |six o'clock price off. So I gotta remember how many steps I do. So I can
2021 |2020 |02:49:48 ~-~-> 02:49:55 |do Ctrl Z, it'll put it back, meaning this. So if I take it off, and then I'm
2022 |2021 |02:49:55 ~-~-> 02:50:01 |going to add the midline on this. So that's how you do that. I'll make it
2023 |2022 |02:50:01 ~-~-> 02:50:07 |black because I want to make it pop on the chart. So all things being equal. No
2024 |2023 |02:50:07 ~-~-> 02:50:13 |WIC discussion is just this fair value got what we're talking about is it's
2025 |2024 |02:50:13 ~-~-> 02:50:17 |part of a sell side delivery. It's part of a sell program. The market's reaching
2026 |2025 |02:50:17 ~-~-> 02:50:24 |lower for sell side or a discount inefficiency. I took your attention to
2027 |2026 |02:50:24 ~-~-> 02:50:31 |the midpoint of that 830 cat, which is here. I forgot to change the color. So
2028 |2027 |02:50:34 ~-~-> 02:50:38 |if it's going to trade up into this inefficiency where only one candle
2029 |2028 |02:50:38 ~-~-> 02:50:44 |passed, so between this candles high, and that candle is low, it only went
2030 |2029 |02:50:44 ~-~-> 02:50:51 |down one time in one candle for one minute. That's inefficient with buy
2031 |2030 |02:50:51 ~-~-> 02:50:59 |side. Buy side is where price is offered going up. Buy side liquidity is where
2032 |2031 |02:50:59 ~-~-> 02:51:05 |it's reaching for while it goes up, see buy side liquidity. Are actual pending
2033 |2032 |02:51:05 ~-~-> 02:51:10 |orders in the marketplace, either to buy into a new long position or to buy and
2034 |2033 |02:51:10 ~-~-> 02:51:16 |exit a short position as a stop loss being activated. I'm looking at that
2035 |2034 |02:51:16 ~-~-> 02:51:21 |high right there, and I want to be a short seller generally on the favorite
2036 |2035 |02:51:21 ~-~-> 02:51:27 |gap. I'm trying to put my limit order at that price or one tick above it. That's
2037 |2036 |02:51:27 ~-~-> 02:51:34 |my first six contracts. That's my model. And then if it can trade up into the
2038 |2037 |02:51:34 ~-~-> 02:51:38 |midpoint, or as it starts to slide towards it, then I'll throw in my four
2039 |2038 |02:51:38 ~-~-> 02:51:43 |contracts. So what does that give me? Four lots. That gives me a total
2040 |2039 |02:51:43 ~-~-> 02:51:49 |position so far, scaling in 10 contracts. I am not inviting you to
2041 |2040 |02:51:49 ~-~-> 02:51:53 |trade with 10 contracts. I'm not saying that you have to trade with 10 contracts
2042 |2041 |02:51:53 ~-~-> 02:51:58 |for it to be profitable. You should only be watching price action Caleb and
2043 |2042 |02:51:58 ~-~-> 02:52:01 |saying, Okay, this is where we're eyeballing it. And saying, I want to see
2044 |2043 |02:52:01 ~-~-> 02:52:05 |how it behaves once it trades there. Does it go all the way to the midpoint?
2045 |2044 |02:52:06 ~-~-> 02:52:10 |Does it go all the way to the top? This is permissible. Remember that term. It's
2046 |2045 |02:52:10 ~-~-> 02:52:15 |something that is allowed to happen, and it doesn't change the underlying
2047 |2046 |02:52:15 ~-~-> 02:52:18 |direction or where the mark is going to go. It just means that this is possible
2048 |2047 |02:52:18 ~-~-> 02:52:26 |to happen. It doesn't change anything. It's better. It's much better. If it
2049 |2048 |02:52:26 ~-~-> 02:52:30 |only goes to half or less, and then does this because that means it's really,
2050 |2049 |02:52:30 ~-~-> 02:52:34 |really weak, but because I already expected to go lower, this is just an
2051 |2050 |02:52:34 ~-~-> 02:52:38 |opportunity for the market to reprice to that level right there. That candles
2052 |2051 |02:52:38 ~-~-> 02:52:44 |low. It doesn't reduce the the the effectiveness of the trade. It doesn't
2053 |2052 |02:52:44 ~-~-> 02:52:48 |make it more profitable or less profitable. It just gives me as a
2054 |2053 |02:52:48 ~-~-> 02:52:54 |emotional and psychological comfort that I am on side. It's going to start really
2055 |2054 |02:52:54 ~-~-> 02:53:01 |running away quickly after it rolls out of here and doesn't go in the upper
2056 |2055 |02:53:01 ~-~-> 02:53:08 |half, so meaning this, if it's like this portion, like, say it's like that much
2057 |2056 |02:53:08 ~-~-> 02:53:14 |of the gap doesn't get traded to and say this wick only went up, like to here,
2058 |2057 |02:53:15 ~-~-> 02:53:19 |but left all that shaded area open and not touched that that high, And then it
2059 |2058 |02:53:19 ~-~-> 02:53:25 |did this price action here. That's usually if you watch my examples, and
2060 |2059 |02:53:25 ~-~-> 02:53:27 |you'll see me talking about it in real price action when we get through the
2061 |2060 |02:53:27 ~-~-> 02:53:32 |August content, and then we start looking at minute by minute, second by
2062 |2061 |02:53:32 ~-~-> 02:53:36 |second candlestick, and then what you're observing Caleb, what to anticipate,
2063 |2062 |02:53:36 ~-~-> 02:53:40 |what it should do right now, not the overall grand scheme of how the reprice
2064 |2063 |02:53:40 ~-~-> 02:53:43 |and where it's going to go and how to go and how to behave in those ranges.
2065 |2064 |02:53:43 ~-~-> 02:53:46 |That's what we're doing right here. This is the beginning point, and it's not a
2066 |2065 |02:53:46 ~-~-> 02:53:50 |one module lecture, it's there's a lot of clearly, as you can see, there's a
2067 |2066 |02:53:50 ~-~-> 02:53:55 |lot of things that you need to weigh out if you really want to know what price is
2068 |2067 |02:53:55 ~-~-> 02:53:59 |doing, how to trust that you're going to be a part of a trade and hold on to a
2069 |2068 |02:53:59 ~-~-> 02:54:04 |trade. I've answered so many questions already in this lecture that have been
2070 |2069 |02:54:04 ~-~-> 02:54:10 |brought to me over the years constantly. But you want? I want, if I'm shorting a
2071 |2070 |02:54:10 ~-~-> 02:54:16 |fair value gap, I want to enter at that old candle high and by, by the very
2072 |2071 |02:54:16 ~-~-> 02:54:19 |nature of it, that's a turtle suit. You're going short above that high.
2073 |2072 |02:54:20 ~-~-> 02:54:23 |You're trading in an area of inefficiency.
2074 |2073 |02:54:25 ~-~-> 02:54:31 |And you think this is turtle soup. You think it's this. This is dollar
2075 |2074 |02:54:31 ~-~-> 02:54:36 |mentorship menu memberships, where they they're trying to teach you this stuff,
2076 |2075 |02:54:36 ~-~-> 02:54:44 |the wish version. Why? Gotta go there. I should see why guys start some trouble.
2077 |2076 |02:54:45 ~-~-> 02:54:48 |You're always trying to bring a ruckus. No, I'm trying to remind these cats that
2078 |2077 |02:54:48 ~-~-> 02:54:51 |they don't know shit, and they're pretending that they do, and they're
2079 |2078 |02:54:51 ~-~-> 02:54:55 |hurting people. You're messing up people's expectations and understanding,
2080 |2079 |02:54:55 ~-~-> 02:54:58 |and they're actually prolonging their their learning curve, because they got
2081 |2080 |02:54:58 ~-~-> 02:55:02 |to learn that horseshit first and. You realize that they just watered down
2082 |2081 |02:55:02 ~-~-> 02:55:05 |something and taught it incorrectly. And they come back to me, and then they're
2083 |2082 |02:55:05 ~-~-> 02:55:09 |like, oh, man, I wish I would have just started with you, right. Whatever you
2084 |2083 |02:55:09 ~-~-> 02:55:14 |can go you eat where you want to eat, but you think this is turtle sea, just a
2085 |2084 |02:55:14 ~-~-> 02:55:28 |high Pierce above it. And then there it is. But that is true here. That's a
2086 |2085 |02:55:28 ~-~-> 02:55:34 |breaker. Breakers tend to be turtle soups in changing directional, sustained
2087 |2086 |02:55:34 ~-~-> 02:55:41 |price runs where you have high, low, higher, high, there's your breaker, but
2088 |2087 |02:55:41 ~-~-> 02:55:46 |the essence is a turtle suit that is not what's going on when you're using as a
2089 |2088 |02:55:46 ~-~-> 02:55:50 |trade entry that's part of an existing or underlying or unfolding sell program
2090 |2089 |02:55:50 ~-~-> 02:55:55 |or buy program. Because you're looking at one single candle like this, and you
2091 |2090 |02:55:55 ~-~-> 02:56:01 |have to get above that candle. Where can it How far can it go? See, it's going to
2092 |2091 |02:56:01 ~-~-> 02:56:07 |be harder for you to do these entries here, because as it's going up like
2093 |2092 |02:56:07 ~-~-> 02:56:12 |that, you're not going to want to stand in front of that. It takes more
2094 |2093 |02:56:12 ~-~-> 02:56:15 |experience learning the things I told you this level yesterday, and they
2095 |2094 |02:56:15 ~-~-> 02:56:19 |probably didn't want to be some of you are just looking at this one, or you
2096 |2095 |02:56:19 ~-~-> 02:56:22 |didn't watch the entire video yesterday. You heard me talk about other things,
2097 |2096 |02:56:22 ~-~-> 02:56:25 |and you're like, Okay, he's done teaching. I'm not everything I said
2098 |2097 |02:56:25 ~-~-> 02:56:30 |yesterday was valuable. You might not see the value in it now, because you
2099 |2098 |02:56:30 ~-~-> 02:56:35 |have a myopic perspective. But these, these levels, were given to you
2100 |2099 |02:56:35 ~-~-> 02:56:42 |yesterday, and the market goes up into it, trades to it and then rejects it. It
2101 |2100 |02:56:42 ~-~-> 02:56:48 |takes a whole lot more understanding and a whole lot more complimentary
2102 |2101 |02:56:48 ~-~-> 02:56:52 |understanding with other PD arrays to do these types of trades selling right
2103 |2102 |02:56:52 ~-~-> 02:56:56 |there. And you've watched me do examples of that. It's on Twitter. Go look at it.
2104 |2103 |02:56:56 ~-~-> 02:57:01 |There's examples of it on my YouTube channel too. Look in the executions live
2105 |2104 |02:57:01 ~-~-> 02:57:08 |execution playlist. You'll see it. It's there. But these are the more advanced
2106 |2105 |02:57:08 ~-~-> 02:57:14 |ones. These are very, very demanding in your understanding the fair value gap,
2107 |2106 |02:57:14 ~-~-> 02:57:18 |which many of you are real custom to. Now you're comfortable with it. What you
2108 |2107 |02:57:18 ~-~-> 02:57:21 |don't realize is you're doing the same thing here,
2109 |2108 |02:57:23 ~-~-> 02:57:25 |that high is here,
2110 |2109 |02:57:27 ~-~-> 02:57:32 |this high is here. The difference is, is this is a visual aid. I'm telling you
2111 |2110 |02:57:32 ~-~-> 02:57:37 |how far this part of this run above this old high here, which is this individual
2112 |2111 |02:57:37 ~-~-> 02:57:45 |candlestick? How far can it go? ICT, where's too far, too far is going above
2113 |2112 |02:57:45 ~-~-> 02:57:47 |this candle high. That's a stop loss
2114 |2113 |02:57:48 ~-~-> 02:57:54 |entry here, stop loss here. Now,
2115 |2114 |02:57:55 ~-~-> 02:58:02 |that's the baseline entry strategy and where stop loss would be. Take it one
2116 |2115 |02:58:02 ~-~-> 02:58:07 |step further. How can we take this to an amplified, advanced ICT mentorship
2117 |2116 |02:58:07 ~-~-> 02:58:12 |video? This is a charter level content. This whole video is really this whole
2118 |2117 |02:58:12 ~-~-> 02:58:15 |stream is a charter level. My charter students are fucking tickled to death
2119 |2118 |02:58:15 ~-~-> 02:58:18 |right now. They're like, Man, this is the shit, man. We've been waiting since
2120 |2119 |02:58:18 ~-~-> 02:58:22 |2016 there he is out there now doing it. Oh, man, they love it. You should see
2121 |2120 |02:58:22 ~-~-> 02:58:33 |some of the shit they're saying. What do we have here? What is that? Me, move
2122 |2121 |02:58:33 ~-~-> 02:58:43 |this. Otherwise you can see what's this part right here? Isn't that a wick? Oh,
2123 |2122 |02:58:44 ~-~-> 02:58:49 |well, let's use that information, because that candle is the high end of
2124 |2123 |02:58:49 ~-~-> 02:58:53 |the the fair value gap pattern is three candles. It's this one that's candle
2125 |2124 |02:58:53 ~-~-> 02:58:58 |one, here's candle two, and candle three, a fair value gap. The
2126 |2125 |02:58:58 ~-~-> 02:59:03 |inefficiency is always candle number two, if it's a down closed candle, it's
2127 |2126 |02:59:03 ~-~-> 02:59:09 |a sell side imbalance, buy side inefficiency, s i, b i City. If it's a
2128 |2127 |02:59:09 ~-~-> 02:59:14 |fair value gap that has an up close candle, it is a buy side imbalance, sell
2129 |2128 |02:59:14 ~-~-> 02:59:22 |side inefficiency, or a busy B, i, s i, candle number one. If candle number one
2130 |2129 |02:59:22 ~-~-> 02:59:31 |has a wick right here underneath it, that is a premium array. That means it's
2131 |2130 |02:59:31 ~-~-> 02:59:35 |below. I'm gonna start it's above the fair value gap, and it's trading up to
2132 |2131 |02:59:35 ~-~-> 02:59:38 |here. You're thinking, I'm gonna get into a trade here or at the midpoint.
2133 |2132 |02:59:38 ~-~-> 02:59:42 |And you want to see the upper half of that stay open. That's this area right
2134 |2133 |02:59:42 ~-~-> 02:59:49 |here. Classic fair value gap, the where you start Caleb, when you're studying
2135 |2134 |02:59:49 ~-~-> 02:59:53 |this, you want to be observing price action, and you don't want to see it
2136 |2135 |02:59:53 ~-~-> 02:59:58 |trade to this high right here. Okay, in other words, this is what it looks like.
2137 |2136 |02:59:58 ~-~-> 02:59:59 |This is the framework so.
2138 |2137 |03:00:00 ~-~-> 03:00:08 |ICT: You can have screenshots of it. So nice to you. This is stuff I did not
2139 |2138 |03:00:08 ~-~-> 03:00:13 |want to teach. I did not want to teach it. You're an asshole. You should have
2140 |2139 |03:00:13 ~-~-> 03:00:20 |want to teach this. No, it's too good. You think you you think you you think
2141 |2140 |03:00:20 ~-~-> 03:00:23 |you like this stuff. You ought to see the stuff that I'm never going to teach.
2142 |2141 |03:00:23 ~-~-> 03:00:33 |It makes me All right. So we're going to do top right. Seems like it's probably
2143 |2142 |03:00:33 ~-~-> 03:00:42 |going to be too much. That's good. So stop loss is here, and the entry would
2144 |2143 |03:00:42 ~-~-> 03:00:48 |be here. So you're going to watch this level. Caleb, this is your entry.
2145 |2144 |03:00:51 ~-~-> 03:00:52 |Thicken it up a little
2146 |2145 |03:01:02 ~-~-> 03:01:12 |bit. Let's will make that this color, man, this is a long video. Go watch
2147 |2146 |03:01:12 ~-~-> 03:01:17 |somebody else. I'm here teaching my son how to be profitable and how to read
2148 |2147 |03:01:17 ~-~-> 03:01:22 |price action. You don't want to be here for that. Go do something else. So
2149 |2148 |03:01:22 ~-~-> 03:01:29 |entries here, stop loss is here. That's that's the methodology, okay, advanced
2150 |2149 |03:01:29 ~-~-> 03:01:38 |version, okay. How do you mitigate underlying risk? How do you reduce risk?
2151 |2150 |03:01:38 ~-~-> 03:01:43 |How can you use smaller stop losses. How can you make your stop loss really tight
2152 |2151 |03:01:43 ~-~-> 03:01:46 |like this? How do you know that these stop losses aren't going to get hit? How
2153 |2152 |03:01:46 ~-~-> 03:01:53 |do you know, ICT, when you're holding the dude, bro, the stop loss has me in
2154 |2153 |03:01:53 ~-~-> 03:01:57 |tears. Oh, I'm dead. The Stop Loss killed me. That's all the comments when
2155 |2154 |03:01:57 ~-~-> 03:02:01 |I'm sharing examples, when you see me using the stop loss placement. I'm going
2156 |2155 |03:02:01 ~-~-> 03:02:05 |to show you one element to sometimes, not all times, a lot of things that go
2157 |2156 |03:02:05 ~-~-> 03:02:08 |on based on individual trades. But initially, Caleb, when you're watching
2158 |2157 |03:02:08 ~-~-> 03:02:12 |prices, not taking trades, you're watching it enter. You're thinking,
2159 |2158 |03:02:12 ~-~-> 03:02:16 |Okay, I want to see it how it behaves here. If it goes there, I'm expecting it
2160 |2159 |03:02:16 ~-~-> 03:02:21 |to go halfway, no more, but leave a portion open. But if it goes up there,
2161 |2160 |03:02:21 ~-~-> 03:02:27 |then you demand immediate response where it needs to drop. Okay, if it doesn't
2162 |2161 |03:02:27 ~-~-> 03:02:32 |completely come back to this, candles low, and it leaves a portion of that
2163 |2162 |03:02:32 ~-~-> 03:02:38 |open, that's what you want. And then you anticipate very fast speed and big,
2164 |2163 |03:02:38 ~-~-> 03:02:43 |large range, candles going lower after it trades to that, candles low,
2165 |2164 |03:02:49 ~-~-> 03:02:55 |like that. Once it does that, then you absolutely demand immediate response.
2166 |2165 |03:02:55 ~-~-> 03:03:00 |And the same thing happens in my videos. You'll see me say, I want to see speed
2167 |2166 |03:03:00 ~-~-> 03:03:06 |and distance in large ranges going down. And then you get it that's qualifying
2168 |2167 |03:03:06 ~-~-> 03:03:10 |and quantifying the setup real time. As it happens, you need to be doing those
2169 |2168 |03:03:10 ~-~-> 03:03:15 |things while watching price, not entering a demo, not entering a demo,
2170 |2169 |03:03:15 ~-~-> 03:03:19 |not pushing any buttons. You do this for months. You observe and you watch, and
2171 |2170 |03:03:19 ~-~-> 03:03:22 |it teaches you and trains you to see, oh, yeah, this is what it looks like.
2172 |2171 |03:03:22 ~-~-> 03:03:27 |It's going to behave this way. And then when you start using the elements I'm
2173 |2172 |03:03:27 ~-~-> 03:03:34 |showing you here, you start with this price level plus one tick. If it can
2174 |2173 |03:03:34 ~-~-> 03:03:37 |trade there, that means it's got to go two ticks above that if it books that
2175 |2174 |03:03:37 ~-~-> 03:03:41 |price. You hypothetically say you would be in a move, but you're not, you're not
2176 |2175 |03:03:41 ~-~-> 03:03:46 |even demoing it. You're tape reading, okay? You're watching and observing, and
2177 |2176 |03:03:46 ~-~-> 03:03:50 |then at that point, once it does that, hypothetically, you would be in a trade
2178 |2177 |03:03:50 ~-~-> 03:03:55 |whether demo or live using that logic. So you do not want to see it. Book that.
2179 |2178 |03:03:55 ~-~-> 03:04:00 |Candles price high. But what happens if this is a little too rich for you? You
2180 |2179 |03:04:00 ~-~-> 03:04:04 |don't like that. It's too much range. How can you reduce it? Well, if you have
2181 |2180 |03:04:04 ~-~-> 03:04:09 |this candlestick number one in your fair value gap, if it has a wick like this,
2182 |2181 |03:04:09 ~-~-> 03:04:13 |this is a premium array, because it's going to be trading up to it. You don't
2183 |2182 |03:04:13 ~-~-> 03:04:16 |want to see it trade there. But you can take that wick and do this. You
2184 |2183 |03:04:43 ~-~-> 03:04:51 |there's consequence, encouragement. That wick plus two ticks, there you go. The
2185 |2184 |03:04:52 ~-~-> 03:04:55 |market will run up here at one point, this will be a bold face bullish candle.
2186 |2185 |03:04:56 ~-~-> 03:05:02 |You'll shit yourself, okay, you'll be scared some. You watch my life, examples
2187 |2186 |03:05:02 ~-~-> 03:05:05 |of trading, and you watch it, and you're thinking, oh, man, it's gonna be stopped
2188 |2187 |03:05:05 ~-~-> 03:05:09 |out. And then all of a sudden, it doesn't How do I know that I'm doing
2189 |2188 |03:05:09 ~-~-> 03:05:14 |things like this? But you don't want to hear me. You don't want to learn because
2190 |2189 |03:05:14 ~-~-> 03:05:18 |you want a little video, something that tickles your ass and and gives you,
2191 |2190 |03:05:18 ~-~-> 03:05:22 |right now, little thing, talking points, you can go around and start talking like
2192 |2191 |03:05:22 ~-~-> 03:05:26 |you know something when you don't. I want you to know it. I want you to
2193 |2192 |03:05:26 ~-~-> 03:05:33 |understand it. So by examples of things like this, it affords you better
2194 |2193 |03:05:33 ~-~-> 03:05:39 |efficient stop loss placement. You don't you're not fearful. Why would I Why
2195 |2194 |03:05:39 ~-~-> 03:05:43 |would I fear this never being hit, because it's two ticks above the
2196 |2195 |03:05:43 ~-~-> 03:05:50 |midpoint of this. This candle opens and trades down. Isn't this overlapping?
2197 |2196 |03:05:50 ~-~-> 03:05:55 |That candles low when it does this. So essentially, what is this area here?
2198 |2197 |03:05:55 ~-~-> 03:06:03 |It's a balanced price range. Balance price ranges. We don't ever want to see
2199 |2198 |03:06:03 ~-~-> 03:06:06 |it go down, start here, go back over, and then come all the way back to the
2200 |2199 |03:06:06 ~-~-> 03:06:09 |top. If it does that, it's probably going to go higher. And I don't want to
2201 |2200 |03:06:09 ~-~-> 03:06:13 |be in that trade, so I don't need to put a stop loss up there. I can be just
2202 |2201 |03:06:13 ~-~-> 03:06:17 |above the consequent crochet of that wick, because it's a gap, just like this
2203 |2202 |03:06:17 ~-~-> 03:06:23 |is a gap. Okay? So anyway, that's the business there. So now taught you how to
2204 |2203 |03:06:23 ~-~-> 03:06:27 |trade and how to enter a trade stop loss, and how to also use a very, very
2205 |2204 |03:06:27 ~-~-> 03:06:30 |small stop loss. I've also taught you today how to anticipate when the
2206 |2205 |03:06:30 ~-~-> 03:06:34 |market's going to run and be aggressive and start creating large range candles.
2207 |2206 |03:06:34 ~-~-> 03:06:36 |There's only two circumstances that caused that. I taught you both of them
2208 |2207 |03:06:36 ~-~-> 03:06:41 |today, when you leave a gap opening, or if it closes the gap, if you leave a gap
2209 |2208 |03:06:41 ~-~-> 03:06:44 |opening, and it's the upper half when you're bearish, or the lower half when
2210 |2209 |03:06:44 ~-~-> 03:06:49 |you're buying, once it leaves it, it needs to accelerate move away, and
2211 |2210 |03:06:50 ~-~-> 03:06:53 |that's true. But if it goes up and fills the gap in entirely, like it does there,
2212 |2211 |03:06:55 ~-~-> 03:07:01 |it must immediately give you speed and distance in large range. Candles are
2213 |2212 |03:07:01 ~-~-> 03:07:05 |moving away from it, and then once it takes out this low here, that's now
2214 |2213 |03:07:05 ~-~-> 03:07:09 |we're in a new range low. And put more data on the chart.
2215 |2214 |03:07:15 ~-~-> 03:07:18 |You're learning some shit today, ain't you? Man, I wish you were taught like
2216 |2215 |03:07:18 ~-~-> 03:07:21 |this first time. ICT see they can't be happy. They'll never going to be
2217 |2216 |03:07:21 ~-~-> 03:07:24 |satisfied. Instead of saying thank you for teaching it, they're going to say, I
2218 |2217 |03:07:24 ~-~-> 03:07:32 |wish you would have taught like this the first time you're a dick. Get away with
2219 |2218 |03:07:32 ~-~-> 03:07:36 |some of these guys. So anyway, we were looking for this level here. We had the
2220 |2219 |03:07:36 ~-~-> 03:07:40 |response as we were looking for it, and traded off here once it takes out that
2221 |2220 |03:07:40 ~-~-> 03:07:46 |low. If you see that happening in your mind, Caleb, you would say partial
2222 |2221 |03:07:46 ~-~-> 03:07:50 |there, even if you had single contract, partial there, and you screenshot it as
2223 |2222 |03:07:50 ~-~-> 03:07:54 |it trades below that. And then you watch and observe, how does it behave? How
2224 |2223 |03:07:54 ~-~-> 03:08:00 |does it behave? Goes up one more time, bumps into it and drops away, comes back
2225 |2224 |03:08:00 ~-~-> 03:08:03 |one more time. I gave you the order block here. I said, we do not want to
2226 |2225 |03:08:03 ~-~-> 03:08:06 |see it trade above. Go back and watch the live stream. I know you can't rewind
2227 |2226 |03:08:06 ~-~-> 03:08:09 |it right now, and I'm not going to change that, because when my son's
2228 |2227 |03:08:09 ~-~-> 03:08:13 |watching live data, I don't want him to be able to rewind or change anything. He
2229 |2228 |03:08:13 ~-~-> 03:08:17 |has to see it as it's happening. And if he isn't watching and paying attention
2230 |2229 |03:08:17 ~-~-> 03:08:21 |at the time it's happening, he's fucking missed it, just like you you've missed
2231 |2230 |03:08:21 ~-~-> 03:08:24 |it. You've missed the opportunity. You've missed the opportunity to study
2232 |2231 |03:08:24 ~-~-> 03:08:29 |real time. It is what it is. There is no DDR advantages here. This is the way it
2233 |2232 |03:08:29 ~-~-> 03:08:32 |is. You don't like it. Go watch somebody else. I'm not in here trying to make
2234 |2233 |03:08:32 ~-~-> 03:08:36 |everybody happy. I'm here training my son. This is what it is, but he's in the
2235 |2234 |03:08:36 ~-~-> 03:08:40 |fucking dungeon now. So this candlestick, I told you, that's a fair
2236 |2235 |03:08:40 ~-~-> 03:08:43 |shorter block. We have a fair value out there. I don't want to see it trade
2237 |2236 |03:08:43 ~-~-> 03:08:45 |above it. We already outlined and showed you
2238 |2237 |03:08:51 ~-~-> 03:08:59 |it didn't do it. See that. So if you were going to trade the order block, say
2239 |2238 |03:09:00 ~-~-> 03:09:04 |that was going to be your methodology, and you were using that here. Okay,
2240 |2239 |03:09:06 ~-~-> 03:09:15 |where would your stop loss be? This is a real challenging question for some of
2241 |2240 |03:09:15 ~-~-> 03:09:19 |you that haven't taken notes today, for those that have been taking notes, this
2242 |2241 |03:09:19 ~-~-> 03:09:24 |is a pretty easy one, if you're looking at this bearish order block, okay, it's
2243 |2242 |03:09:24 ~-~-> 03:09:30 |part of the run that's going lower. Okay, this is the midpoint of that wick
2244 |2243 |03:09:30 ~-~-> 03:09:35 |at 830 scandal, we are exploring the likelihood of it trading lower. We're
2245 |2244 |03:09:35 ~-~-> 03:09:39 |part of a sell program. That means it's going to most likely continue dropping
2246 |2245 |03:09:39 ~-~-> 03:09:43 |lower. Okay, so it's only coming back to that midpoint to do what offer fair
2247 |2246 |03:09:43 ~-~-> 03:09:50 |value. So if it leaves it like it does here, it starts to trade back up that
2248 |2247 |03:09:50 ~-~-> 03:09:54 |right there is your bearish order block. This is where the algorithm gives little
2249 |2248 |03:09:55 ~-~-> 03:10:01 |like a mile marker, like a bullet point, or an exit ramp or. A traffic control
2250 |2249 |03:10:01 ~-~-> 03:10:08 |device, if you're a professional driver, a notation, if you will. This is where
2251 |2250 |03:10:08 ~-~-> 03:10:16 |your eye should go to, okay, and that range gives you the levels to trade on.
2252 |2251 |03:10:16 ~-~-> 03:10:21 |If you have not been a participant on the trade yet, you can use this up close
2253 |2252 |03:10:21 ~-~-> 03:10:26 |candle to formulate an entry. But where does your stop go? It needs to be above
2254 |2253 |03:10:26 ~-~-> 03:10:32 |this candle. Okay, it needs to be above it. But where, where? Where's it got to
2255 |2254 |03:10:32 ~-~-> 03:10:39 |go? Some of your young I'll give you 10 seconds more for the ones. They're still
2256 |2255 |03:10:39 ~-~-> 03:10:42 |thinking about it. I
2257 |2256 |03:10:48 ~-~-> 03:10:55 |I'm having fun today. I might go till five o'clock. I'm gonna be I'm gonna be
2258 |2257 |03:10:55 ~-~-> 03:11:01 |divorced. My boss is gonna fire me. I'm trying to watch you, listening to you,
2259 |2258 |03:11:01 ~-~-> 03:11:05 |and he's gonna look at what I'm doing. It's not my fault, bro. All right. So
2260 |2259 |03:11:05 ~-~-> 03:11:13 |anyway, you probably already noticed we have this premium wick. It goes above as
2261 |2260 |03:11:13 ~-~-> 03:11:20 |the next candle above that bear shorter block, your stop would be right here,
2262 |2261 |03:11:20 ~-~-> 03:11:25 |plus one tick. That means you're safe. You're you're inside of the realm of
2263 |2262 |03:11:25 ~-~-> 03:11:29 |staying within the context of the cell program. You're above the fair, I'm
2264 |2263 |03:11:29 ~-~-> 03:11:33 |sorry, you're above the bare shorter block, and you're encapsulating it based
2265 |2264 |03:11:33 ~-~-> 03:11:38 |on the wick, because the wick can be if with this like this. Okay, there are
2266 |2265 |03:11:38 ~-~-> 03:11:44 |times where you will see this formation of a closed camera, and it drops, and
2267 |2266 |03:11:44 ~-~-> 03:11:49 |then it'll spike through. And if it does spike through, and there's a wick, what
2268 |2267 |03:11:49 ~-~-> 03:11:53 |it does is it's going right up into half of that wick or just falling short of
2269 |2268 |03:11:53 ~-~-> 03:11:57 |it. Then if you got stopped out, that's when I'm gonna go right back in again.
2270 |2269 |03:12:00 ~-~-> 03:12:03 |If I missed something down here and I'm seeing price as it's trading up into
2271 |2270 |03:12:03 ~-~-> 03:12:09 |that wick. Okay, I'm going to be short there, trusting that this was the order
2272 |2271 |03:12:09 ~-~-> 03:12:12 |block, and this is where the damage is being done. Don't think for a second.
2273 |2272 |03:12:12 ~-~-> 03:12:16 |The order blocks are always going to be protected. They're not always protected.
2274 |2273 |03:12:16 ~-~-> 03:12:21 |Sometimes the market will cover just outside the lines. There's no
2275 |2274 |03:12:21 ~-~-> 03:12:26 |perfection, but it doesn't change the underlying narrative. It doesn't disrupt
2276 |2275 |03:12:26 ~-~-> 03:12:30 |any of that. Now I'm gonna give you one more advanced topic, and then I'm going
2277 |2276 |03:12:30 ~-~-> 03:12:36 |to close it because I'm hungry, and a banana and a little bit of orange juice
2278 |2277 |03:12:36 ~-~-> 03:12:44 |before I started today is simply just not enough. All right? So there are
2279 |2278 |03:12:44 ~-~-> 03:12:48 |times when you're anticipating a price run, okay? And it's going to reach for a
2280 |2279 |03:12:48 ~-~-> 03:12:55 |target, if the market is reaching for these upside targets or downside
2281 |2280 |03:12:55 ~-~-> 03:13:02 |targets, and it creates the wicks, but doesn't reach the targets, okay? And it
2282 |2281 |03:13:02 ~-~-> 03:13:05 |starts to create, like this reaching element, or it goes up a little bit,
2283 |2282 |03:13:05 ~-~-> 03:13:09 |comes back down, and goes a little bit higher, and it goes back down, if we
2284 |2283 |03:13:09 ~-~-> 03:13:15 |anticipate a a level. And I'm going to be full disclosure here, I believed at
2285 |2284 |03:13:15 ~-~-> 03:13:19 |830 that we were going to spike up and hit this new week opening guy. I
2286 |2285 |03:13:19 ~-~-> 03:13:23 |believe, at the time watching it, I believe that that would happen, and it
2287 |2286 |03:13:23 ~-~-> 03:13:28 |didn't happen right away. It deferred and waited until the opening bell, which
2288 |2287 |03:13:28 ~-~-> 03:13:32 |is the next expectation, because that's the time elements, right? Well, 830 we
2289 |2288 |03:13:32 ~-~-> 03:13:39 |had a news driver. It failed. Okay? If there was no news driver that like ppi,
2290 |2289 |03:13:39 ~-~-> 03:13:46 |CPI, FOMC, or Non Farm Payroll, if those things not being part of the equation,
2291 |2290 |03:13:46 ~-~-> 03:13:50 |if they're not in the narrative or the day that I'm looking for these types of
2292 |2291 |03:13:50 ~-~-> 03:13:55 |things, if it does something like this, where it creates a candlestick, wick
2293 |2292 |03:13:55 ~-~-> 03:14:01 |like this, and I believe it's going to trade up here. Remember CPI, ppi, FOMC
2294 |2293 |03:14:01 ~-~-> 03:14:05 |and Non Farm Payroll, those characteristics that are around those
2295 |2294 |03:14:05 ~-~-> 03:14:10 |types of reports, they're always manually intervened. That means that the
2296 |2295 |03:14:10 ~-~-> 03:14:15 |algorithm is not letting or let me say it this way, the algorithm is being
2297 |2296 |03:14:15 ~-~-> 03:14:20 |interrupted and disrupted. And there's a hand in, in the in the mix, if you will.
2298 |2297 |03:14:21 ~-~-> 03:14:26 |It'll go just short of where you will go later on, when the market opens at 930
2299 |2298 |03:14:26 ~-~-> 03:14:32 |or it'll go beyond where you thought I was going to go, and just keep on going.
2300 |2299 |03:14:33 ~-~-> 03:14:36 |Those are the two criteria. That's the reason why you have to be very careful
2301 |2300 |03:14:36 ~-~-> 03:14:41 |on those trading days. That's why I tell students don't trade on those days
2302 |2301 |03:14:41 ~-~-> 03:14:45 |because you don't know what you don't know, and you're gonna discover that you
2303 |2302 |03:14:45 ~-~-> 03:14:49 |don't know a whole lot, and it's taken some of your ass off of you, ripped your
2304 |2303 |03:14:49 ~-~-> 03:14:54 |face off, decapitated. You blew your account, wrecked, you divorced, you
2305 |2304 |03:14:54 ~-~-> 03:14:58 |okay, ruined. You got you fired because you lose your mind, because you lost
2306 |2305 |03:14:58 ~-~-> 03:15:01 |your account at work, and then you're like. The hell are you doing? I lost my
2307 |2306 |03:15:01 ~-~-> 03:15:05 |mind trading. Well, you supposed to be trading now you're fired. You can avoid
2308 |2307 |03:15:05 ~-~-> 03:15:10 |all that stuff by simply not trading those days at the time of the release of
2309 |2308 |03:15:10 ~-~-> 03:15:15 |the report. That doesn't mean don't trade them at all. I've made it very
2310 |2309 |03:15:15 ~-~-> 03:15:18 |plain and clear that you should not be trading at the time of that release,
2311 |2310 |03:15:18 ~-~-> 03:15:21 |even on Non Farm Payroll. If you want to trade the afternoon, it's easy to do
2312 |2311 |03:15:22 ~-~-> 03:15:26 |that you can trade 20, 3015, minutes after the initial Non Farm Payroll
2313 |2312 |03:15:26 ~-~-> 03:15:30 |numbers hit, but trading into them or trying to predict that, and you're never
2314 |2313 |03:15:30 ~-~-> 03:15:35 |going to be good at that and just avoid it. But with those things said, and all
2315 |2314 |03:15:35 ~-~-> 03:15:40 |things being equal, if the market starts around, and I believe it was going to
2316 |2315 |03:15:40 ~-~-> 03:15:43 |trade here, and I told you that yesterday, the market's going to trade
2317 |2316 |03:15:43 ~-~-> 03:15:50 |up and try to gravitate towards that. If the market does create this wick and
2318 |2317 |03:15:50 ~-~-> 03:15:55 |then the next candle, we start to trade up. Okay, but let's just say that I
2319 |2318 |03:15:55 ~-~-> 03:16:00 |believe that they're going to manipulate price because, not because the 830 news,
2320 |2319 |03:16:00 ~-~-> 03:16:03 |but they're going to leave relative equal highs, or I believe they're going
2321 |2320 |03:16:03 ~-~-> 03:16:10 |to engineer them. Okay, if I believe that, then what I like to look for is
2322 |2321 |03:16:10 ~-~-> 03:16:18 |this formation. It's the opposite of that, where you're predicting highs,
2323 |2322 |03:16:19 ~-~-> 03:16:29 |projecting Hans with the wicks. Sounds cool, doesn't it? Watch if we have a day
2324 |2323 |03:16:29 ~-~-> 03:16:34 |or a session, and I believe that they're going to try to keep hots. And I've done
2325 |2324 |03:16:34 ~-~-> 03:16:38 |this on Twitter. I've done this in executions videos. I've done this in
2326 |2325 |03:16:39 ~-~-> 03:16:42 |Twitter spaces where I've literally called out every individual candle, or
2327 |2326 |03:16:42 ~-~-> 03:16:46 |I've mentioned them in other people's live streams, where I'll go under their
2328 |2327 |03:16:46 ~-~-> 03:16:49 |chat window and I'll say I believe they're going to keep the relative
2329 |2328 |03:16:49 ~-~-> 03:16:54 |vehicle highs open or not traded to until the opening bell or at 10 o'clock.
2330 |2329 |03:16:54 ~-~-> 03:16:57 |Then I think they'll run it up there. And then we'll use a silver bullet idea.
2331 |2330 |03:16:58 ~-~-> 03:17:05 |If I have an inkling that the market's going to keep a high in place or a low
2332 |2331 |03:17:05 ~-~-> 03:17:12 |in place. I like to use this concept here, which is the first candlestick
2333 |2332 |03:17:12 ~-~-> 03:17:20 |that creates that wick here to there. See that? Now, what happens if it falls
2334 |2333 |03:17:20 ~-~-> 03:17:23 |short of an objective where I'm reaching for and this is ultimately where I think
2335 |2334 |03:17:23 ~-~-> 03:17:26 |it's going to trade to, maybe later in the day, at the opening bell or after
2336 |2335 |03:17:26 ~-~-> 03:17:30 |the opening bell, and during the opening range, the first 30 minutes, between 930
2337 |2336 |03:17:31 ~-~-> 03:17:36 |and 10 o'clock New York Eastern time, if I think they're going to keep that there
2338 |2337 |03:17:36 ~-~-> 03:17:40 |and but I'm say I'm scalping, because I can buy long and sell short in the same
2339 |2338 |03:17:40 ~-~-> 03:17:43 |day and go Back and forth, back and forth, back and forth, like I was
2340 |2339 |03:17:43 ~-~-> 03:17:47 |talking about yesterday. I want to be in a market environment that creates and
2341 |2340 |03:17:47 ~-~-> 03:17:50 |promotes those opportunities. If it's just one sidedness and it's real
2342 |2341 |03:17:50 ~-~-> 03:17:53 |lethargic and choppy back and forth, but real tight ranges, but still drifting
2343 |2342 |03:17:53 ~-~-> 03:17:57 |high, I'll leave that to somebody else to trade that, and they can tell me they
2344 |2343 |03:17:57 ~-~-> 03:18:01 |made 300 handles, and I'm a dick because I didn't, I didn't make as many handles
2345 |2344 |03:18:01 ~-~-> 03:18:05 |there, but then I can come back the next day with less of a range and make four
2346 |2345 |03:18:05 ~-~-> 03:18:11 |times than they got. So if those instances are there, and I believe that
2347 |2346 |03:18:11 ~-~-> 03:18:13 |the range is going to stay intact, and they're not going to trade to an
2348 |2347 |03:18:13 ~-~-> 03:18:17 |objective. In other words, I believe that they're engineering liquidity,
2349 |2348 |03:18:17 ~-~-> 03:18:21 |meaning you didn't know about new week opening gaps and start talking about it.
2350 |2349 |03:18:21 ~-~-> 03:18:25 |So imagine a time before you learned about them. You might be thinking when
2351 |2350 |03:18:25 ~-~-> 03:18:29 |this candle was bold faced, bullish, wow, it's going to keep going higher.
2352 |2351 |03:18:29 ~-~-> 03:18:33 |Who knows where it's going to go? Right? Well, if I believe that they're going to
2353 |2352 |03:18:33 ~-~-> 03:18:40 |hold that range and use this objective later in the day, post 930 opening bell,
2354 |2353 |03:18:42 ~-~-> 03:18:45 |and I start to see a candlestick do this, and I'm long, say I'm long in a
2355 |2354 |03:18:45 ~-~-> 03:18:50 |scalp. Once it creates this, I want to see it's still likely to go here. I
2356 |2355 |03:18:50 ~-~-> 03:18:53 |might be wrong, so I'm going to give it a chance to go one more time, to reach
2357 |2356 |03:18:53 ~-~-> 03:18:58 |for it. If that's the case, then I can take this range here, and it's going to
2358 |2357 |03:18:58 ~-~-> 03:19:04 |do the opposite. It's the mirror image of what this was doing, where we create
2359 |2358 |03:19:04 ~-~-> 03:19:10 |the high the high wick, okay, and it's trading half of this wick here, but this
2360 |2359 |03:19:10 ~-~-> 03:19:14 |wick and in half of it, it just falls short of half of that. That's
2361 |2360 |03:19:14 ~-~-> 03:19:17 |reasonable. But what happens when you anticipate a range staying intact and in
2362 |2361 |03:19:17 ~-~-> 03:19:20 |it, not breaching it, or trading to an objective because they're engineering
2363 |2362 |03:19:20 ~-~-> 03:19:24 |liquidity. They're deferring a run to a particular price level. But you're in a
2364 |2363 |03:19:24 ~-~-> 03:19:28 |trade, or you're watching price action. It's really fun to do this. You see a
2365 |2364 |03:19:28 ~-~-> 03:19:32 |candle create this initial wick, then the next candle, it starts running above
2366 |2365 |03:19:32 ~-~-> 03:19:33 |it.
2367 |2366 |03:19:44 ~-~-> 03:19:48 |What's this? Candles high? You're looking at that price right there. Okay,
2368 |2367 |03:19:48 ~-~-> 03:19:56 |right here. What's that? Candles high? 19,001 49 even, right? That's what
2369 |2368 |03:19:56 ~-~-> 03:20:03 |you're seeing right here. This is. Is half of this candles wick that has yet
2370 |2369 |03:20:03 ~-~-> 03:20:11 |to form. And what is that? Boom, that's that's algorithmic. I used to sit on
2371 |2370 |03:20:11 ~-~-> 03:20:15 |baby pips and troll the fuck at everybody and say, Look, I'm telling
2372 |2371 |03:20:15 ~-~-> 03:20:18 |you. I can call the highs and the lows. I can do it with individual
2373 |2372 |03:20:18 ~-~-> 03:20:21 |candlesticks. I can do it in an hourly candle. I could do them daily ranges
2374 |2373 |03:20:21 ~-~-> 03:20:24 |that lower weekly range. I could do all that stuff, a lot of those things. I'm
2375 |2374 |03:20:24 ~-~-> 03:20:30 |not going to teach you that stuff, but tell me how this is buying and selling
2376 |2375 |03:20:30 ~-~-> 03:20:36 |pressure. How the fuck is that just gonna just be like that? Wicks do the
2377 |2376 |03:20:36 ~-~-> 03:20:42 |damage, but it's controlled demolition. It's controlled. It's controlled.
2378 |2377 |03:20:43 ~-~-> 03:20:47 |They're only going to do what's what it's coded to do until they manually
2379 |2378 |03:20:47 ~-~-> 03:20:51 |intervene. And when they do that, everything goes out to take off the
2380 |2379 |03:20:51 ~-~-> 03:20:55 |table, out the window. Don't trade. Simply sit still. I don't care how much
2381 |2380 |03:20:55 ~-~-> 03:20:59 |it moves around, how how many people come forward and say they made money
2382 |2381 |03:20:59 ~-~-> 03:21:02 |here, they passed their funded account challenge, or they got this much and
2383 |2382 |03:21:02 ~-~-> 03:21:04 |they're going to get a pay gonna get a payout on, I don't give a shit. They're
2384 |2383 |03:21:04 ~-~-> 03:21:08 |not gonna do that as a steady diet. Everybody can get lucky once in a while,
2385 |2384 |03:21:09 ~-~-> 03:21:13 |once in a while, but you're not here to try to be a one trick pony. You're not
2386 |2385 |03:21:13 ~-~-> 03:21:18 |here to try to get good enough to show one broker statement one day that he did
2387 |2386 |03:21:18 ~-~-> 03:21:21 |it right. You're not trying to do that. You're trying to be consistently
2388 |2387 |03:21:21 ~-~-> 03:21:25 |profitable. And you, before you get there, you got to be able to see what
2389 |2388 |03:21:25 ~-~-> 03:21:32 |these things do, how they repeat, how they tend to repeat. When will they when
2390 |2389 |03:21:32 ~-~-> 03:21:38 |will they produce these setups? When do you anticipate a price run? And I
2391 |2390 |03:21:38 ~-~-> 03:21:42 |haven't all these things understood. You can clearly see just in today and
2392 |2391 |03:21:42 ~-~-> 03:21:47 |yesterday, I have given you the equivalent of literally six chapters in
2393 |2392 |03:21:47 ~-~-> 03:21:54 |a book that I couldn't write in a book. These are subjects that you have to see
2394 |2393 |03:21:54 ~-~-> 03:21:58 |them in charts. You got to watch it unfold. Imagine me explaining to you in
2395 |2394 |03:21:58 ~-~-> 03:22:04 |a screenshot picture when it was up here. I believe that it could trade into
2396 |2395 |03:22:04 ~-~-> 03:22:09 |this fair value gap. I believe it can do that. I believe that it's going to use
2397 |2396 |03:22:09 ~-~-> 03:22:13 |this as a breaker, because we've already ran stops in a level that I knew the
2398 |2397 |03:22:13 ~-~-> 03:22:17 |previous day. Take my word for it, bro, trust me, right away, we're at a point
2399 |2398 |03:22:17 ~-~-> 03:22:20 |where the people are going to be taking the book and sending it back to the
2400 |2399 |03:22:20 ~-~-> 03:22:23 |publisher, saying, I want my money back. This guy's talking on his ASL hindsight,
2401 |2400 |03:22:24 ~-~-> 03:22:27 |but so you can't do that today. You can't do that yesterday. You can't do
2402 |2401 |03:22:27 ~-~-> 03:22:31 |that since last Monday, when I started streaming every day. You can't do that
2403 |2402 |03:22:31 ~-~-> 03:22:38 |because I'm giving you things that are over top of real price action live. And
2404 |2403 |03:22:38 ~-~-> 03:22:42 |I say I took a picture and I didn't have any of this data to the left, to the
2405 |2404 |03:22:42 ~-~-> 03:22:45 |right of all this here, and I was pointing to this level here, saying,
2406 |2405 |03:22:45 ~-~-> 03:22:49 |trust me, bro, this is where I think it's going to go. And then I show you
2407 |2406 |03:22:49 ~-~-> 03:22:52 |the next picture, and it looks like that. That's the equivalent what you get
2408 |2407 |03:22:52 ~-~-> 03:22:56 |from people mentoring or using Market Replay. How? How is that inspiring? It
2409 |2408 |03:22:56 ~-~-> 03:23:00 |doesn't inspire me. I would feel shitty if I was trying to use examples like
2410 |2409 |03:23:00 ~-~-> 03:23:04 |that, like, I have to be out here live explaining this, because if it isn't
2411 |2410 |03:23:04 ~-~-> 03:23:09 |real, I can't explain it. It wouldn't be there. It won't repeat, right? I mean,
2412 |2411 |03:23:09 ~-~-> 03:23:12 |clearly you can appreciate that. Even if you don't like my personality, you don't
2413 |2412 |03:23:12 ~-~-> 03:23:18 |like the way I teach, you have to come to the conclusion and be real. If it's
2414 |2413 |03:23:18 ~-~-> 03:23:22 |there, if it's valid, if the stuff really works, and if I know it, then I
2415 |2414 |03:23:22 ~-~-> 03:23:28 |can communicate it and explain to you what it's going to do, conceptually, why
2416 |2415 |03:23:28 ~-~-> 03:23:34 |it should do it and when. Now, if you get those things understood, can you
2417 |2416 |03:23:34 ~-~-> 03:23:38 |think for a moment, put your put your pitchforks and your torches down for a
2418 |2417 |03:23:38 ~-~-> 03:23:41 |minute for people that are watching don't like me, you're just looking for
2419 |2418 |03:23:41 ~-~-> 03:23:46 |little bits to talk about and troll. Think about it for a second. If those
2420 |2419 |03:23:46 ~-~-> 03:23:50 |two things are equal and true that there's sound logic here, it really does
2421 |2420 |03:23:50 ~-~-> 03:23:58 |work, and it could be timed. Would you agree that if you had those aspects
2422 |2421 |03:23:59 ~-~-> 03:24:04 |under your belt and you understood those components to this. Can you see how easy
2423 |2422 |03:24:05 ~-~-> 03:24:10 |the entries are after that? Can you see how easy the stop loss placement would
2424 |2423 |03:24:10 ~-~-> 03:24:15 |be and how the target where to get out and where to take partials at? Because,
2425 |2424 |03:24:15 ~-~-> 03:24:19 |literally, I gave you a clinic on those very things, today and yesterday, and
2426 |2425 |03:24:21 ~-~-> 03:24:25 |you didn't need to see me push a button. You didn't see any do a demo. You didn't
2427 |2426 |03:24:25 ~-~-> 03:24:29 |see a live account. You watch me explain these candlesticks. That every human
2428 |2427 |03:24:29 ~-~-> 03:24:35 |being that's watching this industry, all around the world, we're all watching the
2429 |2428 |03:24:35 ~-~-> 03:24:38 |same market. It's not like fucking Forex, where Tom Dick And Harry's
2430 |2429 |03:24:38 ~-~-> 03:24:42 |fucking brokerage firm has a different high, or a different low, a different
2431 |2430 |03:24:42 ~-~-> 03:24:45 |opening price, because they can fuck you in the spread, everybody has the same
2432 |2431 |03:24:45 ~-~-> 03:24:50 |price. We're all looking at the same thing. You can't, you can't get you
2433 |2432 |03:24:50 ~-~-> 03:24:54 |can't escape it. You can't get with around that. At that aspect, it's it's
2434 |2433 |03:24:54 ~-~-> 03:25:01 |real, and I'm doing the lowest latency in live streaming. I. I pulled out the
2435 |2434 |03:25:01 ~-~-> 03:25:04 |levels I told you where to focus at when we first got on the stream, I was a
2436 |2435 |03:25:04 ~-~-> 03:25:11 |little discombobulated at the beginning, because I was angry, but I found my
2437 |2436 |03:25:11 ~-~-> 03:25:18 |groove. But I taught you today two forms of turtle suit real. One, not wish
2438 |2437 |03:25:18 ~-~-> 03:25:24 |version, not the street smarts version, okay, but this one here is going to
2439 |2438 |03:25:24 ~-~-> 03:25:27 |require you to understand a whole lot more, because it's going to be very
2440 |2439 |03:25:27 ~-~-> 03:25:31 |difficult for you to sell short as it's raging into that. And I promise you,
2441 |2440 |03:25:31 ~-~-> 03:25:35 |there ain't a mother fucker on Twitter and a mother fucker on Instagram that's
2442 |2441 |03:25:35 ~-~-> 03:25:38 |going to take a trade as its bold face like that, and go short and do that over
2443 |2442 |03:25:38 ~-~-> 03:25:44 |and over and over again. I can do that. And I have examples of proving it with a
2444 |2443 |03:25:44 ~-~-> 03:25:50 |live fucking account, not demo. I have examples of that. You can see them. You
2445 |2444 |03:25:50 ~-~-> 03:25:53 |can watch me to enter them. You can see me using a stop loss. You can see the
2446 |2445 |03:25:53 ~-~-> 03:26:01 |targets being hit. But when I teach, I teach with a demo. I teach that way,
2447 |2446 |03:26:01 ~-~-> 03:26:07 |because I'm giving you an illustration inside of a controlled environment that
2448 |2447 |03:26:07 ~-~-> 03:26:11 |I'm not going to take a loss, I'm not going to realize a profit, and that
2449 |2448 |03:26:11 ~-~-> 03:26:15 |means that I'm teaching you under that medium's limitations, so that way
2450 |2449 |03:26:15 ~-~-> 03:26:19 |there's no miscommunication here. I am not trying to tell you, copy me with
2451 |2450 |03:26:19 ~-~-> 03:26:24 |your real account. Copy me because I'm pretending to be a financial advisor.
2452 |2451 |03:26:24 ~-~-> 03:26:31 |I'm not. I am a candlestick whisperer. Okay, that's what I am. I'm telling
2453 |2452 |03:26:31 ~-~-> 03:26:35 |these candlesticks when and how to move and how to dance, and I'm teaching you
2454 |2453 |03:26:35 ~-~-> 03:26:39 |the language and the sheet music they follow. That's it. That's all we're
2455 |2454 |03:26:39 ~-~-> 03:26:44 |doing here. That doesn't mean buying and selling profits. That doesn't mean
2456 |2455 |03:26:45 ~-~-> 03:26:50 |equity curves going through the moon. It just means that that is our language
2457 |2456 |03:26:50 ~-~-> 03:26:55 |here. That protects me, it protects you. That means I can talk and be free about
2458 |2457 |03:26:55 ~-~-> 03:26:58 |what is I want to talk about, and how I want to talk about it. And no one can
2459 |2458 |03:26:58 ~-~-> 03:27:03 |take it out of context and say You caused me to lose money? No, I didn't.
2460 |2459 |03:27:04 ~-~-> 03:27:10 |Absolutely not. Nope, because if you copy me, and you're going to see down in
2461 |2460 |03:27:10 ~-~-> 03:27:14 |the lower left hand corner, it's going to say paper trading, and I'm going to
2462 |2461 |03:27:14 ~-~-> 03:27:19 |execute in price action that's live, using the logic that I'm outlining here
2463 |2462 |03:27:19 ~-~-> 03:27:24 |for my son. And when these trades pan out, you're gonna have to, you're gonna
2464 |2463 |03:27:24 ~-~-> 03:27:29 |have the problem of thinking, Okay, if he can do this, why didn't he do it a
2465 |2464 |03:27:29 ~-~-> 03:27:34 |Live account? It's because I'm in the United States. There's an organization
2466 |2465 |03:27:34 ~-~-> 03:27:37 |called the Commodity Futures Trading Commission. They have tapped me on the
2467 |2466 |03:27:37 ~-~-> 03:27:41 |shoulder in the 90s because I was not using risk disclaimers, and I was
2468 |2467 |03:27:41 ~-~-> 03:27:46 |telling people what to do, and I didn't know that I was against the law then,
2469 |2468 |03:27:46 ~-~-> 03:27:50 |and they served me papers at my aunt when I was living with her, and I don't
2470 |2469 |03:27:50 ~-~-> 03:27:56 |want any legal trouble, not with that shit. So I learned by lesson, okay, I
2471 |2470 |03:27:56 ~-~-> 03:27:59 |said, Okay, I'll never do that again, and that's why there's risk disclaimers
2472 |2471 |03:27:59 ~-~-> 03:28:02 |in my description and at the start of the live stream. And when I see other
2473 |2472 |03:28:02 ~-~-> 03:28:05 |people live streaming that don't have those verse disclaimers, I'm quick to
2474 |2473 |03:28:05 ~-~-> 03:28:09 |tell them, You are fucking around and you're gonna find out. You do not want
2475 |2474 |03:28:09 ~-~-> 03:28:12 |to be messing around this shit. They back then they loved fucking with
2476 |2475 |03:28:12 ~-~-> 03:28:18 |people, and I was growing in my community on America Online. So there
2477 |2476 |03:28:18 ~-~-> 03:28:23 |you go. I don't want to be in trouble because some asshole said You caused me
2478 |2477 |03:28:23 ~-~-> 03:28:27 |to lose money. And here's the proof, proof of what that you traded with real
2479 |2478 |03:28:27 ~-~-> 03:28:31 |money. When I'm trading with a demo account, you're losing that fucking case
2480 |2479 |03:28:31 ~-~-> 03:28:35 |right away. They're not even gonna worry about me because I'm trading in a demo
2481 |2480 |03:28:35 ~-~-> 03:28:39 |account. You people in other countries, you think you're fucking smart, you
2482 |2481 |03:28:39 ~-~-> 03:28:42 |leave condescending comments, like you're so intellectually superior. Oh,
2483 |2482 |03:28:42 ~-~-> 03:28:46 |you're trading with a demo account. Mr. Demo trader. You have no idea what it's
2484 |2483 |03:28:46 ~-~-> 03:28:51 |like in the US. These motherfuckers, our country is so litigious, they're trying
2485 |2484 |03:28:51 ~-~-> 03:28:56 |to sue everybody, especially now everybody's looking for a lawsuit. And
2486 |2485 |03:28:56 ~-~-> 03:29:02 |frankly, I don't give a fuck if you ever like me or use my information. I don't
2487 |2486 |03:29:02 ~-~-> 03:29:06 |care. I have enough people out there that have used it. They've communicated
2488 |2487 |03:29:06 ~-~-> 03:29:12 |their their appreciation for it, and I'm teaching my son how to deal so because
2489 |2488 |03:29:12 ~-~-> 03:29:17 |you're all watching you're all watching me teach him, and because it's public,
2490 |2489 |03:29:17 ~-~-> 03:29:21 |I'm going to use that medium as the same methodology that I've used all along as
2491 |2490 |03:29:21 ~-~-> 03:29:26 |a mentor I'm teaching through the medium of a demo account. If I can't do it with
2492 |2491 |03:29:26 ~-~-> 03:29:27 |live price action,
2493 |2492 |03:29:29 ~-~-> 03:29:34 |where it's real time price data, if it doesn't hold up to that, well, that it
2494 |2493 |03:29:34 ~-~-> 03:29:38 |goes without saying it wouldn't work in a live account, that's an easy litmus
2495 |2494 |03:29:38 ~-~-> 03:29:42 |test. You think that somehow that I'm gonna forget how to build because now
2496 |2495 |03:29:42 ~-~-> 03:29:48 |there's money, real money. It's just it's the same thing. It's the same
2497 |2496 |03:29:48 ~-~-> 03:29:54 |thing. Nothing's changing. The logic isn't morphing into something else. I'm
2498 |2497 |03:29:54 ~-~-> 03:29:57 |not excited about or fearful whatever the outcome of the trade is going to be.
2499 |2498 |03:29:57 ~-~-> 03:30:01 |That's the whole point of you learning. The whole point. Point is for you to be
2500 |2499 |03:30:01 ~-~-> 03:30:04 |here to that way you desensitize yourself and strip away all the fear and
2501 |2500 |03:30:04 ~-~-> 03:30:08 |the concern and the excitement about making money. It shouldn't be exciting.
2502 |2501 |03:30:08 ~-~-> 03:30:14 |What you should be excited about is you're learning how to read it. You're
2503 |2502 |03:30:14 ~-~-> 03:30:18 |being comfortable with, oh, I wasn't surprised by that. I expected it to do
2504 |2503 |03:30:18 ~-~-> 03:30:23 |this. I expected it to do those things, and when you get to that conclusion,
2505 |2504 |03:30:25 ~-~-> 03:30:30 |it's very fun to be a trader, because you're not going to go around with a
2506 |2505 |03:30:30 ~-~-> 03:30:35 |sharp stick where, you know, I've done this in the past. It's that how I got
2507 |2506 |03:30:35 ~-~-> 03:30:40 |traction. That's how I built my channel initially. If I started a fire, people
2508 |2507 |03:30:40 ~-~-> 03:30:44 |would come there and see what's burning, and it's usually the people I was
2509 |2508 |03:30:44 ~-~-> 03:30:48 |pointing to, and there I was trolling them with a demo account, knowing full
2510 |2509 |03:30:48 ~-~-> 03:30:51 |well I'm clowning them, because they can easily come back and say, Oh, you're a
2511 |2510 |03:30:51 ~-~-> 03:30:55 |demo baller, right? I called myself a demo baller. That's why everybody calls
2512 |2511 |03:30:55 ~-~-> 03:30:59 |me that. I coined that term, but I did it as a way So, number one, I could be
2513 |2512 |03:30:59 ~-~-> 03:31:03 |disarmed. What could they say? Events against me? Nothing. You can't say shit.
2514 |2513 |03:31:04 ~-~-> 03:31:08 |I've already proven that I'm teaching through a demo, but I'm able to see
2515 |2514 |03:31:08 ~-~-> 03:31:12 |something in real price action that they're not able to do. So I had a lot
2516 |2515 |03:31:12 ~-~-> 03:31:16 |of fun with that. And sure did I overstep my bounds and get a little too
2517 |2516 |03:31:16 ~-~-> 03:31:22 |hard with a few of them years and years ago on big events? Of course I did, but
2518 |2517 |03:31:22 ~-~-> 03:31:29 |that that's how you create an interest, because otherwise I'm boring, right? I'm
2519 |2518 |03:31:29 ~-~-> 03:31:33 |an old fuddy duddy guy that just talks too much. So if I can cause a fire, a
2520 |2519 |03:31:33 ~-~-> 03:31:38 |train wreck, a car accident where there's smoke, there's fire, that means
2521 |2520 |03:31:38 ~-~-> 03:31:44 |that I don't have to advertise, I'll get people talking, and then that's how this
2522 |2521 |03:31:44 ~-~-> 03:31:51 |channel grew to 1.3 1.3 3 million followers. Not one advertisement, not
2523 |2522 |03:31:51 ~-~-> 03:31:56 |one. And I'm not liked by everybody. And everybody thinks I'm a fraud.
2524 |2523 |03:31:56 ~-~-> 03:32:00 |Everybody's like, well, he's not on the leaderboard of Robin cup. Are you still
2525 |2524 |03:32:00 ~-~-> 03:32:06 |in the Robins cup? Yes, I'm in the Robins cup, but I don't see anybody
2526 |2525 |03:32:06 ~-~-> 03:32:13 |else. I've given them all this whole year, and not one of them got up there.
2527 |2526 |03:32:14 ~-~-> 03:32:18 |Well, that's not entirely true. One got up there by accounting error, but after
2528 |2527 |03:32:18 ~-~-> 03:32:22 |that, nothing. Apparently, it's not his circus. It's not his monkeys. That's a
2529 |2528 |03:32:22 ~-~-> 03:32:26 |pretty good one. That's a pretty good excuse. But I was looking forward to, I
2530 |2529 |03:32:26 ~-~-> 03:32:29 |mean, look, we're going into September in a couple weeks. I mean, good grief,
2531 |2530 |03:32:29 ~-~-> 03:32:32 |it should have been easy for them to get up there and least make a showing,
2532 |2531 |03:32:32 ~-~-> 03:32:41 |right? But we'll see. We'll see. It's gonna be fun in December. December 31 I
2533 |2532 |03:32:41 ~-~-> 03:32:45 |might come back on January 1 and wish you all happy new year on Twitter. I'll
2534 |2533 |03:32:45 ~-~-> 03:32:51 |come back just just for that. But I taught you a lot today. I taught you a
2535 |2534 |03:32:51 ~-~-> 03:32:57 |whole lot today, and some of these elements I had no interest at ever
2536 |2535 |03:32:57 ~-~-> 03:33:03 |sharing. And you know, granted, is everything that I thought here going to
2537 |2536 |03:33:03 ~-~-> 03:33:07 |be applicable to every one of you. No, some of you had lots of your questions
2538 |2537 |03:33:07 ~-~-> 03:33:10 |answered. Some of you have new questions that came from this. And that's great.
2539 |2538 |03:33:11 ~-~-> 03:33:17 |That's great. Write those questions down in your journal, okay? And you'll see by
2540 |2539 |03:33:17 ~-~-> 03:33:20 |the natural progression of me doing this over live streaming and talking about
2541 |2540 |03:33:20 ~-~-> 03:33:24 |price before it happens, and watching and giving you further details, like I
2542 |2541 |03:33:24 ~-~-> 03:33:28 |was doing today, I taught the only two elements of turtle suit there is okay,
2543 |2542 |03:33:30 ~-~-> 03:33:34 |buying below old lows or selling above old highs. There's only two forms of
2544 |2543 |03:33:34 ~-~-> 03:33:40 |that. It's trade direction and change in a state of delivery, which is, this is a
2545 |2544 |03:33:40 ~-~-> 03:33:44 |turtle suit for that is not the street smarts version of it. I just like the
2546 |2545 |03:33:44 ~-~-> 03:33:53 |name. Okay? I love the name. If I had another cooler name, I've used the idea
2547 |2546 |03:33:53 ~-~-> 03:33:59 |in that name since 1995 so it's kind of like, why change it? I always give
2548 |2547 |03:33:59 ~-~-> 03:34:04 |credit to the inspiration of the name and the idea of stopping out somebody,
2549 |2548 |03:34:05 ~-~-> 03:34:09 |because that book, those two authors, they were highly influential to me,
2550 |2549 |03:34:10 ~-~-> 03:34:14 |understanding being stopped out and going the other direction like I didn't,
2551 |2550 |03:34:14 ~-~-> 03:34:19 |it didn't cross my mind that that was a thing I was. That's how green I was as a
2552 |2551 |03:34:19 ~-~-> 03:34:24 |trader in the 90s, early on. But it solidified it. I was like, oh shit, that
2553 |2552 |03:34:24 ~-~-> 03:34:28 |makes perfect sense now. Oh, no wonder. Okay, that's that's what happens to me
2554 |2553 |03:34:28 ~-~-> 03:34:31 |when I'm wrong. I'm getting stopped out and it's going the other direction, and
2555 |2554 |03:34:31 ~-~-> 03:34:34 |I'm not aware of what's going on, and I'm in Shell Shock, like a deer in
2556 |2555 |03:34:34 ~-~-> 03:34:37 |headlights. I'm staring at it, watching the price keep going, going, going,
2557 |2556 |03:34:37 ~-~-> 03:34:42 |going. And now we can see when it changes, and we can be a part of it. And
2558 |2557 |03:34:42 ~-~-> 03:34:46 |when we get that run that we waited for, that we went into the trading day
2559 |2558 |03:34:46 ~-~-> 03:34:48 |looking for not Well, I don't know what's going to happen today. Let me
2560 |2559 |03:34:48 ~-~-> 03:34:52 |just find something thought that if you do that, if your starting your day is
2561 |2560 |03:34:52 ~-~-> 03:35:01 |like that, you have an 80% chance of leaving the day unprofitable. You. To
2562 |2561 |03:35:01 ~-~-> 03:35:07 |write that down. If you're going into the trading day and you don't know what
2563 |2562 |03:35:07 ~-~-> 03:35:12 |to expect, you're waiting for more information, and you are going to make a
2564 |2563 |03:35:12 ~-~-> 03:35:17 |trade come hell or high water, you're going to trade. You have an 80% chance
2565 |2564 |03:35:17 ~-~-> 03:35:24 |of you're not making money that day. I'm telling you, that's the gospel contrast
2566 |2565 |03:35:24 ~-~-> 03:35:29 |that with I know what I'm looking for tomorrow, in the rest of the week, this
2567 |2566 |03:35:29 ~-~-> 03:35:33 |is where it's probably drawing to, if this level or that particular level
2568 |2567 |03:35:33 ~-~-> 03:35:37 |doesn't get traded to. I'll give you a perfect example yesterday before we
2569 |2568 |03:35:37 ~-~-> 03:35:40 |close the stream. I told you that this new week opening gap here from july 28
2570 |2569 |03:35:41 ~-~-> 03:35:45 |look and see if I if it's not in there, it's there. And I've talked about the
2571 |2570 |03:35:45 ~-~-> 03:35:55 |daily objectives on on NASDAQ, the volume imbalance, the the short term,
2572 |2571 |03:35:55 ~-~-> 03:35:59 |high on the daily chart. All those things could be factors for it to if
2573 |2572 |03:35:59 ~-~-> 03:36:02 |it's going to continue higher, that's where it could gyrate to, because it's
2574 |2573 |03:36:02 ~-~-> 03:36:05 |an election year. They they think the general public thinks that the stock
2575 |2574 |03:36:05 ~-~-> 03:36:13 |market is a measurement of the economy, and it's not so. If you know, like I was
2576 |2575 |03:36:13 ~-~-> 03:36:17 |telling you yesterday, that this is a likely upside objective, well that means
2577 |2576 |03:36:17 ~-~-> 03:36:22 |when I start the day at 830 when I was watching this, I wanted to see a trade
2578 |2577 |03:36:22 ~-~-> 03:36:30 |up there right at 830 if it would have done that, hit it, and then at 930 went
2579 |2578 |03:36:30 ~-~-> 03:36:34 |above it, and then failed. I would expected something like this at 930
2580 |2579 |03:36:34 ~-~-> 03:36:38 |opening bell, because it would have traded to the objective I gave you
2581 |2580 |03:36:38 ~-~-> 03:36:46 |yesterday, and it did it on the first leg at 830 and then left that smooth
2582 |2581 |03:36:46 ~-~-> 03:36:49 |like that, real easy. Didn't go above it at all. Then at 930 if they would have
2583 |2582 |03:36:49 ~-~-> 03:36:52 |poked above it one more time, that would have been a turtle soup. And I would
2584 |2583 |03:36:52 ~-~-> 03:36:57 |have said right here screenshot that while it's bold faced up, and then when
2585 |2584 |03:36:57 ~-~-> 03:37:01 |it's dropping down, I'd say that's exactly what the turtle suit looks like
2586 |2585 |03:37:01 ~-~-> 03:37:07 |as it forms like this. But you have to know what you're looking for if, if you
2587 |2586 |03:37:07 ~-~-> 03:37:12 |don't know what it's likely to reach for, before you start looking at your
2588 |2587 |03:37:12 ~-~-> 03:37:15 |charts like you have to have notes when you close your session out today, when
2589 |2588 |03:37:15 ~-~-> 03:37:19 |you're done, you're not looking at the charts until tomorrow, whatever the next
2590 |2589 |03:37:19 ~-~-> 03:37:23 |session is for you, if you don't have levels that are key to you, where you
2591 |2590 |03:37:23 ~-~-> 03:37:30 |think it's likely drawing to you don't know what you're doing, if you're going
2592 |2591 |03:37:30 ~-~-> 03:37:34 |into the day, and you don't know what you're looking for, and you just don't
2593 |2592 |03:37:34 ~-~-> 03:37:42 |know the top of your notepad and on your charts, type it out, I do not have to
2594 |2593 |03:37:42 ~-~-> 03:37:47 |trade today. Let that be a reminder, because it's so easy to talk yourself
2595 |2594 |03:37:47 ~-~-> 03:37:51 |into a trade. It's easy to do so if you're watching me, it's easy to do so
2596 |2595 |03:37:51 ~-~-> 03:37:54 |if you're watching other live streamers, and if you don't know why you're doing
2597 |2596 |03:37:54 ~-~-> 03:37:59 |what you're doing or expecting what you expect to see in price action, in in in
2598 |2597 |03:37:59 ~-~-> 03:38:03 |the moments before you turn your systems on your computer, your phone, or
2599 |2598 |03:38:03 ~-~-> 03:38:05 |whatever it is, you used to watch charts.
2600 |2599 |03:38:07 ~-~-> 03:38:11 |If you don't have that information ahead of time written down somewhere, either
2601 |2600 |03:38:11 ~-~-> 03:38:15 |in your charts, annotated or on a notepad, if you don't know where it's
2602 |2601 |03:38:15 ~-~-> 03:38:22 |likely drawing to next, do not give yourself the open invitation to go out
2603 |2602 |03:38:22 ~-~-> 03:38:26 |and simply trade, because now the markets are trading, you have to
2604 |2603 |03:38:26 ~-~-> 03:38:32 |exercise a great deal of discipline and be responsible. Now, I have a lot of
2605 |2604 |03:38:32 ~-~-> 03:38:36 |experience. I've been doing it for a long time. There may be moments where I
2606 |2605 |03:38:36 ~-~-> 03:38:40 |don't have a bias, and I've I've shown this in my mentorship, when I was doing
2607 |2606 |03:38:40 ~-~-> 03:38:45 |live streams for them, but that was part of the mentorship. I would tell them,
2608 |2607 |03:38:45 ~-~-> 03:38:48 |Okay, I don't have a whole I don't hold a hard bias right now. So I want to see
2609 |2608 |03:38:48 ~-~-> 03:38:52 |what we what we were going to get at the opening bell. I want to see how they use
2610 |2609 |03:38:52 ~-~-> 03:38:57 |the opening range between 930 and 10 o'clock. Okay, what I'm saying is, is
2611 |2610 |03:38:57 ~-~-> 03:39:04 |I'm not holding a bias that I can trust that's going to lend to it's going to
2612 |2611 |03:39:04 ~-~-> 03:39:08 |draw higher to this premium array, or it's going to draw lower to this
2613 |2612 |03:39:08 ~-~-> 03:39:12 |discount array. I don't know which direction it wants to do at the moment
2614 |2613 |03:39:12 ~-~-> 03:39:15 |before the session starts. And then when I look at the opening range, then it
2615 |2614 |03:39:15 ~-~-> 03:39:19 |gives me more information. Then I can say, Okay, well, they, they've made this
2616 |2615 |03:39:20 ~-~-> 03:39:24 |they made this area jagged. So then I'm going to look for something that's a
2617 |2616 |03:39:24 ~-~-> 03:39:29 |smooth area, or if it's a high impact news driver, then it's going to be what
2618 |2617 |03:39:29 ~-~-> 03:39:33 |it's going to be the liquidity below that. So we don't need to see a relative
2619 |2618 |03:39:33 ~-~-> 03:39:37 |equal high or relative equal low when there's a CPI number, PPI number, or
2620 |2619 |03:39:37 ~-~-> 03:39:42 |FOMC or a non front payroll. Those are the characteristics that you do after
2621 |2620 |03:39:42 ~-~-> 03:39:45 |the report. You look at how they're going to come back on the individuals
2622 |2621 |03:39:45 ~-~-> 03:39:50 |that would have made money on that run. I used that logic yesterday, but I also
2623 |2622 |03:39:50 ~-~-> 03:39:55 |told you in advance, if it goes higher, I'm not interested. I'm not interested
2624 |2623 |03:39:55 ~-~-> 03:40:00 |in that. So I didn't change my protocol. I just told you this is. Day would not
2625 |2624 |03:40:00 ~-~-> 03:40:03 |be interested if it just keeps grinding high. I won't chase that. I won't worry
2626 |2625 |03:40:03 ~-~-> 03:40:08 |about it. And then I want to be a part of a day that has like this, like we had
2627 |2626 |03:40:08 ~-~-> 03:40:12 |really nice we had the mess here first. Then it went up to where I was telling
2628 |2627 |03:40:12 ~-~-> 03:40:16 |you yesterday. It went to it perfectly. Then we watched this area here. It
2629 |2628 |03:40:16 ~-~-> 03:40:20 |didn't give me an entry if I would have used it, because it's not inside the
2630 |2629 |03:40:20 ~-~-> 03:40:24 |fair value gap. It wasn't booking that price. But the logic was, is it should
2631 |2630 |03:40:24 ~-~-> 03:40:30 |move from here down to the midpoint of this wick. We wants to happen. Then this
2632 |2631 |03:40:30 ~-~-> 03:40:34 |fair value gap traded up into that and it returned back to the six o'clock
2633 |2632 |03:40:35 ~-~-> 03:40:40 |opening price, which is not on here anymore, but we went to the next
2634 |2633 |03:40:40 ~-~-> 03:40:46 |quadrant level here, which is the lower quarter, and then the low, and then we
2635 |2634 |03:40:46 ~-~-> 03:40:49 |would be attacking the liquidity resting below that. And then I gave you
2636 |2635 |03:40:49 ~-~-> 03:40:53 |measurement strategies on how to take the high, the low, whatever the quarter
2637 |2636 |03:40:54 ~-~-> 03:40:57 |percentage of that range is projected below that low. That's a pretty good
2638 |2637 |03:40:57 ~-~-> 03:41:00 |ballpark figure. It's not going to give you the lowest low, but it's going to
2639 |2638 |03:41:00 ~-~-> 03:41:05 |give you something that you can be happy with. And then we get all this range
2640 |2639 |03:41:05 ~-~-> 03:41:09 |back all the way up it Pierce just this high, and then we broke right back down.
2641 |2640 |03:41:09 ~-~-> 03:41:13 |And where does it trade? To look at the bodies of that candles there. Look at
2642 |2641 |03:41:13 ~-~-> 03:41:21 |that. You think that's random. Boom, swept it. And now we're just gyrating
2643 |2642 |03:41:21 ~-~-> 03:41:25 |around. I would not be interested in trading anymore today. I'd move through
2644 |2643 |03:41:25 ~-~-> 03:41:29 |the sidelines, and I'd be content with what we observed today, what has been
2645 |2644 |03:41:29 ~-~-> 03:41:34 |logged as price action. I would break this down, okay? I would go through the
2646 |2645 |03:41:34 ~-~-> 03:41:38 |whole individual day from a one minute chart, a five minute chart and a 15
2647 |2646 |03:41:38 ~-~-> 03:41:41 |minute chart, and then annotate everything, like I'm doing here. There's
2648 |2647 |03:41:41 ~-~-> 03:41:44 |other things in this chart. This chart. I don't want to do everything for you,
2649 |2648 |03:41:44 ~-~-> 03:41:48 |because if you just screenshot my chart, there's your journal entry and you put
2650 |2649 |03:41:48 ~-~-> 03:41:52 |your annotations here, that's not what I want to do. Caleb, I want you to go
2651 |2650 |03:41:52 ~-~-> 03:41:55 |through all of this. And that goes for all of you watching too. Don't just take
2652 |2651 |03:41:55 ~-~-> 03:41:59 |my chart and screenshot when I have annotations on it and say, you know, I'm
2653 |2652 |03:41:59 ~-~-> 03:42:03 |journaling. You're not. You're fucking collecting stamps. That's all you're
2654 |2653 |03:42:03 ~-~-> 03:42:07 |doing. It's that's a stupid fucking hobby. It's like collecting baseball
2655 |2654 |03:42:07 ~-~-> 03:42:11 |cards. What the fuck is the point of that? That's dumb videos. Do something
2656 |2655 |03:42:11 ~-~-> 03:42:19 |else. So if I collect colognes, that's a better hobby, right? You see how
2657 |2656 |03:42:19 ~-~-> 03:42:22 |everybody has their own personality. Some of you probably have some really
2658 |2657 |03:42:22 ~-~-> 03:42:26 |good money in stamps or maybe even baseball cards. I think it's stupid, and
2659 |2658 |03:42:26 ~-~-> 03:42:30 |some of you probably think it's stupid for me to have colognes. Is 430 bottles
2660 |2659 |03:42:30 ~-~-> 03:42:35 |of Cologne. That's dumb. Well, it's what I like. You like baseball cards. You
2661 |2660 |03:42:35 ~-~-> 03:42:40 |like stamps. You know. You like whatever everybody has. It's different strokes
2662 |2661 |03:42:40 ~-~-> 03:42:44 |for different folks, but in trading, it's going to be the same thing. I have
2663 |2662 |03:42:44 ~-~-> 03:42:52 |lots of tools, lots of things to get into a trade, lots of criteria that you
2664 |2663 |03:42:52 ~-~-> 03:42:59 |can apply and make it yours, with your personality, but your model that you
2665 |2664 |03:42:59 ~-~-> 03:43:03 |arrive at if you made it available to other people and saying, This is what I
2666 |2665 |03:43:03 ~-~-> 03:43:09 |do. I don't have a problem with that, because it's what you learn from me. You
2667 |2666 |03:43:09 ~-~-> 03:43:15 |could go on on YouTube and say, this is my model. It's not a mentorship. This is
2668 |2667 |03:43:15 ~-~-> 03:43:18 |what I do, and this is how I'm going to implement it. And in live stream, I've
2669 |2668 |03:43:18 ~-~-> 03:43:21 |encouraged my students that want to do it. I'm not trying to talk them into it.
2670 |2669 |03:43:22 ~-~-> 03:43:25 |I said, if you want to do this, if it's in, if it's in, your personality, do so
2671 |2670 |03:43:26 ~-~-> 03:43:30 |and you know your model, you don't want to discover your model by doing that.
2672 |2671 |03:43:30 ~-~-> 03:43:33 |Okay, there's a couple live streamers out there that are doing that right now,
2673 |2672 |03:43:33 ~-~-> 03:43:37 |and that's why they're not doing well. That's that's exactly why they're not
2674 |2673 |03:43:37 ~-~-> 03:43:41 |doing well. And they're trying to sell courses too. So that's a stupid ass
2675 |2674 |03:43:41 ~-~-> 03:43:46 |fucking procedure, if, if the person's failing and losing their funded
2676 |2675 |03:43:46 ~-~-> 03:43:48 |accounts, and they keep resetting, and they keep proving it to you, because
2677 |2676 |03:43:48 ~-~-> 03:43:51 |they show you the numbers. Here's the account numbers. Here's my new I blew
2678 |2677 |03:43:51 ~-~-> 03:43:55 |the accounts. I blew the accounts, all that stuff, and they're trying to sell
2679 |2678 |03:43:55 ~-~-> 03:43:59 |you a fucking course, no matter how cheap it is, you're an idiot if you buy
2680 |2679 |03:43:59 ~-~-> 03:44:03 |that. And just saying you can hate me, call me whatever you want, okay, but
2681 |2680 |03:44:03 ~-~-> 03:44:07 |you're a fucking idiot if you pay money for that. That doesn't make any fucking
2682 |2681 |03:44:07 ~-~-> 03:44:14 |sense. Now I have students, okay? I have students that have made money. They have
2683 |2682 |03:44:14 ~-~-> 03:44:18 |placed on the Robins cup. They have literally had taken hundreds of 1000s of
2684 |2683 |03:44:18 ~-~-> 03:44:25 |dollars out of several of the funded account companies, and they aspire, and
2685 |2684 |03:44:25 ~-~-> 03:44:30 |some of them are actually doing their own mentorship. Okay, I took the
2686 |2685 |03:44:30 ~-~-> 03:44:33 |interviews down in case they haven't noticed. I'm thinking that public
2687 |2686 |03:44:33 ~-~-> 03:44:38 |knowledge. I took those interviews down because now what you just did is you
2688 |2687 |03:44:38 ~-~-> 03:44:45 |entered a business of education, and you went in that business with my name
2689 |2688 |03:44:45 ~-~-> 03:44:49 |attached to it some way, shape or form. I am not going to endorse your business
2690 |2689 |03:44:49 ~-~-> 03:44:52 |because I don't know what you're doing, how you're conducting yourself as a
2691 |2690 |03:44:52 ~-~-> 03:44:56 |business person. I'm not saying that that's right or wrong. I'm just saying I
2692 |2691 |03:44:56 ~-~-> 03:45:01 |have to distance myself from that. I. Students have started their own funded
2693 |2692 |03:45:01 ~-~-> 03:45:05 |account company, and to my understanding, it didn't do. Well, okay,
2694 |2693 |03:45:05 ~-~-> 03:45:08 |I don't know the ramifications around it, but apparently it didn't do and I
2695 |2694 |03:45:08 ~-~-> 03:45:12 |may be wrong, I don't know, but I know that at one time, I had this state
2696 |2695 |03:45:12 ~-~-> 03:45:16 |publicly that has nothing to do with me. I'm not invested in this. I have no
2697 |2696 |03:45:16 ~-~-> 03:45:19 |kickback from it. I'm not promoting it. I have nothing to do with it because
2698 |2697 |03:45:19 ~-~-> 03:45:23 |you're messing with other people's money. And when you start collecting
2699 |2698 |03:45:23 ~-~-> 03:45:29 |things as payments, and you're calling it a mentorship, and you have my logo,
2700 |2699 |03:45:29 ~-~-> 03:45:34 |or you're saying ICT in the videos or the advertisements or whatever you are,
2701 |2700 |03:45:34 ~-~-> 03:45:40 |indirectly pulling me into that, and I'm saying the fuck you are. I'm severing
2702 |2701 |03:45:40 ~-~-> 03:45:47 |that I am by myself. If anybody learns from me and they want to make
2703 |2702 |03:45:47 ~-~-> 03:45:52 |mentorships, okay, I've already said this on Twitter spaces. If you have made
2704 |2703 |03:45:52 ~-~-> 03:45:59 |money using what I taught and you have made that your own model, you're not out
2705 |2704 |03:45:59 ~-~-> 03:46:03 |there trying to pretend you invented something, but this is what you arrived
2706 |2705 |03:46:03 ~-~-> 03:46:08 |at, using the information. And then you show people how you use that
2707 |2706 |03:46:09 ~-~-> 03:46:16 |information. I don't have a problem with that. I will never fuck with you. I will
2708 |2707 |03:46:16 ~-~-> 03:46:19 |not say you did this. I'm not gonna talk shit about you. I'm not gonna go in your
2709 |2708 |03:46:19 ~-~-> 03:46:22 |comment section. I'm not going to talk shit about you and say, Oh, you're
2710 |2709 |03:46:22 ~-~-> 03:46:26 |you're $1 man. Your mentors, I'm not talking about that. The people that are
2711 |2710 |03:46:26 ~-~-> 03:46:30 |assholes, they're trying to mentor. They know who they are. They fucking know who
2712 |2711 |03:46:30 ~-~-> 03:46:35 |they are. But my students that have made money, they have proven they've made
2713 |2712 |03:46:35 ~-~-> 03:46:39 |money, and they and I've encouraged them in Twitter spaces, live publicly in
2714 |2713 |03:46:39 ~-~-> 03:46:43 |front of everybody. Last year, I said, you have other ways of making money.
2715 |2714 |03:46:43 ~-~-> 03:46:49 |Okay? You may not get to the point where you're making big, big withdrawals from
2716 |2715 |03:46:49 ~-~-> 03:46:54 |your live brokerage account or through a funded account company. You may not be
2717 |2716 |03:46:54 ~-~-> 03:46:58 |able to do that real quick, but a lot of you think that that's the only way to
2718 |2717 |03:46:58 ~-~-> 03:47:06 |get there to make your ends meet. You, don't. We have a huge community, and
2719 |2718 |03:47:06 ~-~-> 03:47:09 |yes, there's a small sect of it as assholes, and they're just toxic people.
2720 |2719 |03:47:09 ~-~-> 03:47:13 |And for the most part, I think it's fun because it makes it, it livens it up for
2721 |2720 |03:47:13 ~-~-> 03:47:17 |me. Because if it was just everybody saying, Oh, I love ICTs concepts, I love
2722 |2721 |03:47:17 ~-~-> 03:47:21 |ICT, you know, he's, you know, he's the next best thing since raisin bread?
2723 |2722 |03:47:21 ~-~-> 03:47:27 |Well, you know, that's fucking boring. That's boring. So it's good that once in
2724 |2723 |03:47:27 ~-~-> 03:47:31 |a while we have folks that say, Yeah, I don't think that shit works, or this
2725 |2724 |03:47:31 ~-~-> 03:47:36 |guy's a clown, or he doesn't do this and he doesn't do that, because that causes
2726 |2725 |03:47:36 ~-~-> 03:47:42 |you to think about it. Well, wait a minute. Am I learning this because I
2727 |2726 |03:47:42 ~-~-> 03:47:47 |like the person ICT? Am I supposed to like everything about ICT to make this
2728 |2727 |03:47:47 ~-~-> 03:47:51 |stuff make money for me? Or am I really supposed to be focused on what he tells
2729 |2728 |03:47:51 ~-~-> 03:47:55 |me to do is don't worry about me. Don't worship ICT. Don't look up at ICT as a
2730 |2729 |03:47:55 ~-~-> 03:48:03 |fucking guru. I'm not your Forex Jesus. I'm not the futures Jesus. I am a man. I
2731 |2730 |03:48:03 ~-~-> 03:48:06 |am fallible. I am a sinner. I
2732 |2731 |03:48:06 ~-~-> 03:48:12 |can I can mess up, just like anybody else can. But for the folks that spend
2733 |2732 |03:48:12 ~-~-> 03:48:17 |too much time worrying about the person, me, the me, the character that I allow
2734 |2733 |03:48:17 ~-~-> 03:48:26 |for you all to see you don't realize that that is a test. It's a test. Do you
2735 |2734 |03:48:26 ~-~-> 03:48:33 |care more about image or what works? Because if you spend all the time
2736 |2735 |03:48:33 ~-~-> 03:48:38 |worrying about the person, and I've told you all along, We're not a team. If
2737 |2736 |03:48:38 ~-~-> 03:48:43 |you're on the outside of my trade, I hope you lose, and you could be a long
2738 |2737 |03:48:43 ~-~-> 03:48:48 |term student if you're on the other side of my trade, I want you to lose. That's
2739 |2738 |03:48:48 ~-~-> 03:48:53 |trading. I didn't hide it. I didn't lie about it. That's the nature of it. I'm
2740 |2739 |03:48:53 ~-~-> 03:49:01 |gonna eat if I'm on the other side of your trade, and I'm wrong, and you made
2741 |2740 |03:49:01 ~-~-> 03:49:06 |money. I'm fucking impressed by that. I'm not offended by that. I have
2742 |2741 |03:49:06 ~-~-> 03:49:10 |students have showed hey, look, you were calling for this level this day, and I
2743 |2742 |03:49:10 ~-~-> 03:49:14 |went like this. I hope you don't think, dude, I'm not taking offense to that. I
2744 |2743 |03:49:14 ~-~-> 03:49:20 |fucking, I love that. I love that. That's a fucking that's an award, that's
2745 |2744 |03:49:21 ~-~-> 03:49:26 |you need a trophy for that. I'm not offended by that, but some of you think
2746 |2745 |03:49:26 ~-~-> 03:49:29 |because I've done such a really good job of being a certain character online,
2747 |2746 |03:49:30 ~-~-> 03:49:33 |some of you think I have very thin skin. I don't give two thoughts. I really
2748 |2747 |03:49:33 ~-~-> 03:49:39 |don't. But I like that, that to push buttons. I like to get people talking. I
2749 |2748 |03:49:39 ~-~-> 03:49:44 |have mastered social media without any advertising, because I know how people
2750 |2749 |03:49:44 ~-~-> 03:49:48 |think. I know how to control what people think about me, how to inspire them to
2751 |2750 |03:49:48 ~-~-> 03:49:52 |think about certain things, how to lead them along, and how to cut them off,
2752 |2751 |03:49:53 ~-~-> 03:49:56 |give them just enough that they want more and then over deliver every time I
2753 |2752 |03:49:56 ~-~-> 03:50:01 |want to do it, everything I do is calculate. Did, except for this morning,
2754 |2753 |03:50:01 ~-~-> 03:50:07 |when this fucking OBS start up. I was I was mad. I was mad. If I keep talking, I
2755 |2754 |03:50:07 ~-~-> 03:50:13 |may get mad again, so I can't talk about but I had, I had students come to me
2756 |2755 |03:50:13 ~-~-> 03:50:17 |that are mentorship students, and they have asked me if I will let them
2757 |2756 |03:50:17 ~-~-> 03:50:21 |translate my videos in their language. And the answer is no, no. If you think
2758 |2757 |03:50:21 ~-~-> 03:50:24 |you're gonna put them on YouTube, and I know there's a couple channels that
2759 |2758 |03:50:24 ~-~-> 03:50:28 |they're they're about to get wiped out, you do not have my permission to do
2760 |2759 |03:50:28 ~-~-> 03:50:34 |that. Okay? You don't if you want to take little clips and put music around
2761 |2760 |03:50:34 ~-~-> 03:50:41 |it. I've never fucked with anybody. I've I've never done that. I don't have a
2762 |2761 |03:50:41 ~-~-> 03:50:44 |problem with that. Like, I don't look at that as, oh, that's copyright
2763 |2762 |03:50:44 ~-~-> 03:50:48 |infringement, because you're taking a small little piece of something and
2764 |2763 |03:50:48 ~-~-> 03:50:51 |you're making a little artistic little thing, and some of them are actually
2765 |2764 |03:50:51 ~-~-> 03:50:57 |kind of cool. I don't have a problem with that. But if you take my entire
2766 |2765 |03:50:57 ~-~-> 03:51:04 |lectures and you turn them into books verbatim, and you put them on Amazon,
2767 |2766 |03:51:04 ~-~-> 03:51:13 |like that's a dick move. The Dick move had a guy. It's Spanish. He put a whole
2768 |2767 |03:51:13 ~-~-> 03:51:17 |bunch. He has my pictures right from the mentorship videos. You can let me see
2769 |2768 |03:51:17 ~-~-> 03:51:20 |it. It says, I see mentorship. It's broken up like he's trying to hide it,
2770 |2769 |03:51:20 ~-~-> 03:51:26 |but I had such a huge just the obnoxious watermark with the user names and the
2771 |2770 |03:51:26 ~-~-> 03:51:30 |user groups, and it was a mess. But I had to deal because I had so many people
2772 |2771 |03:51:30 ~-~-> 03:51:34 |leaking it. And I was like, You know what? This mother fucker went out there
2773 |2772 |03:51:34 ~-~-> 03:51:39 |and went to Amazon and they published this book, and all it is is a watered
2774 |2773 |03:51:39 ~-~-> 03:51:45 |down version in Spanish of the things I say in the mentorship and it's trash.
2775 |2774 |03:51:45 ~-~-> 03:51:50 |It's literally fucking trash. So no, you don't have my permission to translate
2776 |2775 |03:51:50 ~-~-> 03:51:53 |any of my videos in your in your language and then put them on YouTube.
2777 |2776 |03:51:54 ~-~-> 03:51:58 |No, you don't have my permission to translate them and sell them in your own
2778 |2777 |03:51:58 ~-~-> 03:52:02 |country. So there you go. I don't, I don't have, I don't extend that
2779 |2778 |03:52:02 ~-~-> 03:52:08 |privilege to anybody. Do you have my blessing if you want to use the
2780 |2779 |03:52:08 ~-~-> 03:52:13 |information, get good at it. Build your model. Go out there and create a YouTube
2781 |2780 |03:52:13 ~-~-> 03:52:18 |channel where you use the model and you actually show them. This is how I trade.
2782 |2781 |03:52:18 ~-~-> 03:52:22 |And then you do it and grow the channel to whatever it could be bigger than
2783 |2782 |03:52:22 ~-~-> 03:52:26 |mine. I would support that. I would congratulate you. I would I would lift
2784 |2783 |03:52:26 ~-~-> 03:52:33 |you up. I do it with Tanja. There are others that are slowly starting to find
2785 |2784 |03:52:33 ~-~-> 03:52:37 |their groove, and when they get a little bit better at what they're doing, I'll
2786 |2785 |03:52:37 ~-~-> 03:52:40 |push them to I'll be in their their chat. Just because you're my student,
2787 |2786 |03:52:40 ~-~-> 03:52:45 |I'm not going to be in there. Rao. Rao, you cheering you on. I don't first, I
2788 |2787 |03:52:45 ~-~-> 03:52:56 |don't have time for that. But when I use the oh gosh, what's her name? Can't
2789 |2788 |03:52:56 ~-~-> 03:52:59 |think of her name. Now I'm embarrassed. I shouldn't say it like this out loud,
2790 |2789 |03:52:59 ~-~-> 03:53:02 |but because
2791 |2790 |03:53:10 ~-~-> 03:53:14 |a young Asian girl for the life of me, I cannot. I haven't looked at her channel
2792 |2791 |03:53:14 ~-~-> 03:53:19 |for such a long time. I can't remember her name, okay, but I was trying to get
2793 |2792 |03:53:19 ~-~-> 03:53:22 |my daughter to watch her and say, Look, you know she's going through the
2794 |2793 |03:53:22 ~-~-> 03:53:28 |mentorship. And there you go, see what she does and see if that inspires you.
2795 |2794 |03:53:28 ~-~-> 03:53:31 |And I have come to the conclusion my daughter's not ever going she's never
2796 |2795 |03:53:31 ~-~-> 03:53:37 |going to trade. But the I know some of you right now are screaming her name,
2797 |2796 |03:53:38 ~-~-> 03:53:41 |just can't remember her name. And I'm embarrassed. I'm sorry if you're
2798 |2797 |03:53:41 ~-~-> 03:53:45 |listening. I just I have 1000 things fighting to be in the front of the line
2799 |2798 |03:53:45 ~-~-> 03:53:51 |with my head right now, but then you have Tanja, where she's she's live
2800 |2799 |03:53:51 ~-~-> 03:53:56 |streaming, okay? And if I was her, I would have moderators in there cleaning
2801 |2800 |03:53:56 ~-~-> 03:54:01 |up her chat, because when I visit there, I see some very vulgar things said
2802 |2801 |03:54:02 ~-~-> 03:54:07 |directly to me, like, like, I'm lusting after her. I see her as like my
2803 |2802 |03:54:07 ~-~-> 03:54:11 |daughter. She's not physically and biologically my daughter. There's a lot
2804 |2803 |03:54:11 ~-~-> 03:54:15 |of people who think that she's not, but she literally looks a lot like my
2805 |2804 |03:54:15 ~-~-> 03:54:19 |daughter and her mannerisms, you know, the way she does her eyes and she talks
2806 |2805 |03:54:19 ~-~-> 03:54:24 |with her eyes, and that's one of the first things I noticed about her that
2807 |2806 |03:54:24 ~-~-> 03:54:27 |resembles my daughter, but her face structure looks like my daughter, and
2808 |2807 |03:54:28 ~-~-> 03:54:32 |she's using my stuff, and she's doing well with it. She'll she lose sometimes.
2809 |2808 |03:54:32 ~-~-> 03:54:38 |Sure she does. It's in it's an interesting thing for me to watch her go
2810 |2809 |03:54:38 ~-~-> 03:54:44 |through some of the emotional challenges when I see her trying to talk herself
2811 |2810 |03:54:44 ~-~-> 03:54:49 |out of the stress she's feeling, sometimes she doesn't do it as well as
2812 |2811 |03:54:49 ~-~-> 03:54:54 |I'd like to see her do it. She doesn't do self talk correctly. She'll say, oh,
2813 |2812 |03:54:54 ~-~-> 03:54:57 |you know, I don't care. I don't care. And she'll roll her hair back. She's sit
2814 |2813 |03:54:57 ~-~-> 03:55:02 |back in a chair. They're all tells you. That she just wants to say, Fuck it. I'm
2815 |2814 |03:55:02 ~-~-> 03:55:06 |turning it off. I'm done for today. But she knows she's live streaming. I find
2816 |2815 |03:55:06 ~-~-> 03:55:10 |that interesting. I don't find pleasure in seeing that uncomfortable part, but
2817 |2816 |03:55:10 ~-~-> 03:55:15 |that's the things that you're going to be met with. So if you're going to learn
2818 |2817 |03:55:15 ~-~-> 03:55:19 |how to trade and do really well, and you want to be a live streamer and YouTuber,
2819 |2818 |03:55:19 ~-~-> 03:55:22 |sure, you can make money doing that. Absolutely. You can make money doing it,
2820 |2819 |03:55:22 ~-~-> 03:55:26 |and you can do it without being drama. You don't have to talk that about
2821 |2820 |03:55:26 ~-~-> 03:55:31 |anybody else. You can just stay in your own lane. And that's the best way to do
2822 |2821 |03:55:31 ~-~-> 03:55:35 |it. Because if you're going to do the live streaming stuff, there's
2823 |2822 |03:55:36 ~-~-> 03:55:40 |everybody's going to come there to watch you fail. That's the that's the first
2824 |2823 |03:55:40 ~-~-> 03:55:44 |interest, they must see you fail, especially if I'm anywhere in that
2825 |2824 |03:55:44 ~-~-> 03:55:47 |equation, like if you learn my stuff, because they want to go in there and
2826 |2825 |03:55:47 ~-~-> 03:55:50 |they say, Oh yeah, ICT, stuff doesn't work. But then these people are making
2827 |2826 |03:55:50 ~-~-> 03:55:54 |money the levels I'm calling out in their chat windows. It's happening,
2828 |2827 |03:55:54 ~-~-> 03:55:58 |okay? It's they want an engagement. They want an interaction. They want a
2829 |2828 |03:55:58 ~-~-> 03:56:02 |response, either from me or the person doing the live stream. My advice would
2830 |2829 |03:56:02 ~-~-> 03:56:08 |be, don't even have a chat window. Live stream your stuff. Use the model that
2831 |2830 |03:56:08 ~-~-> 03:56:11 |you built around this concept, and let your channel grow without any drama.
2832 |2831 |03:56:11 ~-~-> 03:56:15 |Don't give a stage to trolls. Don't give a stage to people. Don't even have a
2833 |2832 |03:56:15 ~-~-> 03:56:20 |comment section on anything, because, honestly, even the good stuff is not
2834 |2833 |03:56:20 ~-~-> 03:56:25 |good for you. Too much love. Too much sugary. Like I love your channel, like
2835 |2834 |03:56:25 ~-~-> 03:56:28 |you don't need to do that. They have a little function on on the videos. It's a
2836 |2835 |03:56:28 ~-~-> 03:56:33 |thumbs up. I wish they would bring back the thumbs down. They have it there so
2837 |2836 |03:56:33 ~-~-> 03:56:38 |you can do it, but you can't see it. My Videos generally are 97 or higher
2838 |2837 |03:56:38 ~-~-> 03:56:42 |percent liked. So that means I have the same type of guys out there with your
2839 |2838 |03:56:42 ~-~-> 03:56:45 |sock fucking accounts, and they're going in there and they're doing the thumbs
2840 |2839 |03:56:45 ~-~-> 03:56:52 |down stuff, and that's okay. I mean, if I have a 70% like rate, and some of you
2841 |2840 |03:56:52 ~-~-> 03:56:55 |probably want to see it now you want, I want to see that there's that many
2842 |2841 |03:56:55 ~-~-> 03:57:01 |likes. I don't look at that stuff. But I asked, I'm sorry, the folks that asked
2843 |2842 |03:57:01 ~-~-> 03:57:04 |me in the comment section, you know, how many people do a thumbs down? Because
2844 |2843 |03:57:04 ~-~-> 03:57:11 |you can only see the thumbs up, my readings are 97% mostly 98% they're
2845 |2844 |03:57:11 ~-~-> 03:57:17 |liked. Okay, I wish that there was a thumbs down video. I wish they would
2846 |2845 |03:57:17 ~-~-> 03:57:23 |bring that back. It's not fair that if we're going to have the thumbs up, there
2847 |2846 |03:57:23 ~-~-> 03:57:29 |should be a thumbs down too. So that way you can see that a lot of the things
2848 |2847 |03:57:29 ~-~-> 03:57:33 |that people have fallen victim to when it has anything to do with me, is it's
2849 |2848 |03:57:33 ~-~-> 03:57:38 |the other people talking about me, and that ins that that influence keeps them
2850 |2849 |03:57:38 ~-~-> 03:57:43 |from ever looking at the stuff I teach. And if they catch them early with that,
2851 |2850 |03:57:44 ~-~-> 03:57:47 |they think that that's hurting me. I'm already here. You're not going to take
2852 |2851 |03:57:47 ~-~-> 03:57:51 |me out of where I'm at. I'm already here. Like I'm setting my ways. I'm
2853 |2852 |03:57:51 ~-~-> 03:57:55 |done. Nobody's changing, nothing. And you know, after this Caleb stuff, like,
2854 |2853 |03:57:56 ~-~-> 03:57:59 |if I ever make a video again, you know, who the fuck knows? I don't know. But
2855 |2854 |03:57:59 ~-~-> 03:58:05 |I'm not trying to be a YouTuber. I'm not trying to do that, but I can tell you
2856 |2855 |03:58:05 ~-~-> 03:58:10 |that if you have content that people like that your personality is is
2857 |2856 |03:58:10 ~-~-> 03:58:14 |friendly, and you're trying to be genuine. So if you are showing any kind
2858 |2857 |03:58:14 ~-~-> 03:58:19 |of emotion, that's real. And I got the most feedback when I was on Twitter with
2859 |2858 |03:58:19 ~-~-> 03:58:23 |the Twitter spaces, people are asking me to go back to that. I'm never going back
2860 |2859 |03:58:23 ~-~-> 03:58:26 |to Twitter. Yeah, I'm never going to go back to there. I'm not going to remove
2861 |2860 |03:58:26 ~-~-> 03:58:31 |my account. But I have entertained the idea of a podcast, okay? I've had
2862 |2861 |03:58:31 ~-~-> 03:58:36 |several people, several companies, come to me and, like, ask me what my thoughts
2863 |2862 |03:58:36 ~-~-> 03:58:41 |were about it. And I said, this year. I'm not going to make any decisions
2864 |2863 |03:58:41 ~-~-> 03:58:46 |about it, because I have this project here. And before Caleb stepping forward,
2865 |2864 |03:58:46 ~-~-> 03:58:51 |asking me to do this with him, I just wanted to focus on just unplugging from
2866 |2865 |03:58:51 ~-~-> 03:58:57 |social media, unplugging from YouTube, and just go back to being me before baby
2867 |2866 |03:58:57 ~-~-> 03:59:04 |pips like I just wanted to be back to that guy and, do I miss doing Twitter
2868 |2867 |03:59:04 ~-~-> 03:59:12 |spaces? I do, but I don't think it's a climate where, if I'm just going out
2869 |2868 |03:59:12 ~-~-> 03:59:18 |there saying what I tend to say, I don't want any more drama. You know, because
2870 |2869 |03:59:18 ~-~-> 03:59:22 |people in high seats, they're starting to look for people to have a high
2871 |2870 |03:59:22 ~-~-> 03:59:28 |opinion or a certain opinion, and it's not that important to me. You know, when
2872 |2871 |03:59:28 ~-~-> 03:59:34 |it's live, I have a tendency to go off the track and ramble and talk about
2873 |2872 |03:59:34 ~-~-> 03:59:38 |other things. And a lot of you really want those other topics, like you want
2874 |2873 |03:59:38 ~-~-> 03:59:42 |the tin foil hat stuff. You want the stories of me going through stuff, and
2875 |2874 |03:59:42 ~-~-> 03:59:46 |sometimes when I get emotional, you've heard me cry. You hear me cackle and
2876 |2875 |03:59:46 ~-~-> 03:59:53 |laugh when I'm going on. I laugh at my own jokes. I've learned that those
2877 |2876 |03:59:53 ~-~-> 03:59:58 |elements where I was allowing my emotions, where if you listen to the old
2878 |2877 |03:59:58 ~-~-> 04:00:02 |videos, where I'm just droning on. And it says monotone and boring. I'm not
2879 |2878 |04:00:02 ~-~-> 04:00:06 |showing any kind of emotion at all. They're great for lullabies. They'll put
2880 |2879 |04:00:06 ~-~-> 04:00:10 |you to sleep, but if you listen, you probably can't sleep through a Twitter
2881 |2880 |04:00:10 ~-~-> 04:00:15 |space, because invariably, I'm going to go off and I'm going to, you know,
2882 |2881 |04:00:15 ~-~-> 04:00:19 |elevate and animate myself. And I've done it a couple times. Some of it was
2883 |2882 |04:00:19 ~-~-> 04:00:23 |scripted, where I wanted to do it for shock value, and other times it's just
2884 |2883 |04:00:23 ~-~-> 04:00:30 |organic, and I would swing from one spectrum to the next, and that part of
2885 |2884 |04:00:30 ~-~-> 04:00:34 |me, I wanted to hide that from the poet, like I didn't want, I didn't want people
2886 |2885 |04:00:35 ~-~-> 04:00:42 |criticizing me over that aspect. And I found that because of that aspect and
2887 |2886 |04:00:42 ~-~-> 04:00:48 |being real and genuine and letting it be organic. That's the part that people
2888 |2887 |04:00:48 ~-~-> 04:00:53 |like the most out of everything that I put out in content. They like the
2889 |2888 |04:00:53 ~-~-> 04:00:58 |lectures where I'm like that, where it's not stunted and stilted and wooden, and
2890 |2889 |04:00:58 ~-~-> 04:01:02 |maybe you hear me talk about a painful moment, and I end up, you know, showing
2891 |2890 |04:01:02 ~-~-> 04:01:06 |my emotions where I would have never been comfortable doing that. You know,
2892 |2891 |04:01:06 ~-~-> 04:01:11 |when baby pips, I had new interest in that. But my advice to someone that
2893 |2892 |04:01:11 ~-~-> 04:01:15 |wants to learn how to do this, and if you're contemplating doing and you
2894 |2893 |04:01:15 ~-~-> 04:01:18 |already know how to trade well with it and consistently, doesn't mean you trade
2895 |2894 |04:01:18 ~-~-> 04:01:23 |every day profitably, but you're, you're making money over the year, and you want
2896 |2895 |04:01:23 ~-~-> 04:01:29 |to get another income. I think that if it's in your personality to do so, and
2897 |2896 |04:01:29 ~-~-> 04:01:33 |you're comfortable being open and transparent, I think that live
2898 |2897 |04:01:33 ~-~-> 04:01:37 |streaming, like that stuff saying, Here's my model. You're not trying to
2899 |2898 |04:01:37 ~-~-> 04:01:41 |sell the course or the model. Okay, you're saying, This is what I'm doing,
2900 |2899 |04:01:42 ~-~-> 04:01:47 |and me implementing it and using it in front of you, win or loss. That's the
2901 |2900 |04:01:47 ~-~-> 04:01:52 |content. That's that's why I'm doing this. I'm doing it because it's going to
2902 |2901 |04:01:52 ~-~-> 04:01:55 |give me another stream of income if I'm liked by other people. And it doesn't
2903 |2902 |04:01:55 ~-~-> 04:01:58 |matter if people come and watch me, I'm going to be trading anyway. So if you go
2904 |2903 |04:01:58 ~-~-> 04:02:02 |in with that mentality, and you're not out there trying to talk about everybody
2905 |2904 |04:02:02 ~-~-> 04:02:06 |else. See, I talk about methodologies. I don't talk about people. I don't point
2906 |2905 |04:02:06 ~-~-> 04:02:11 |at people because I don't have a problem really personally with anybody. I know
2907 |2906 |04:02:11 ~-~-> 04:02:14 |people don't like me. I know that they've done terrible things and said
2908 |2907 |04:02:14 ~-~-> 04:02:20 |terrible things about me. Threaten this and threaten that. I get it okay, but
2909 |2908 |04:02:20 ~-~-> 04:02:24 |that's not changing shit. It's not doing anything. It's not going to change me
2910 |2909 |04:02:24 ~-~-> 04:02:28 |who I am. I'm not a drama person on a family level, on a personal I don't do
2911 |2910 |04:02:28 ~-~-> 04:02:29 |those types of things,
2912 |2911 |04:02:30 ~-~-> 04:02:35 |but I can talk shit about your methodology, and if you take odds with
2913 |2912 |04:02:35 ~-~-> 04:02:38 |that, then that's great, because that's the that's the button I'm pushing,
2914 |2913 |04:02:39 ~-~-> 04:02:42 |because I want that person, whoever that is, and it could be a lot of you did you
2915 |2914 |04:02:42 ~-~-> 04:02:47 |go to go out there and defend it. If you champion that stuff, you'll go out there
2916 |2915 |04:02:47 ~-~-> 04:02:51 |and champion it. You'll go out and call it live explain it. And you don't have
2917 |2916 |04:02:51 ~-~-> 04:02:56 |to even do a demo camp, just explain it real time as it's happening. I like
2918 |2917 |04:02:56 ~-~-> 04:03:00 |watching people do that, and it doesn't have to be my stuff, because if you know
2919 |2918 |04:03:00 ~-~-> 04:03:04 |what you're doing and you're comfortable in your own skin, and you're not trying
2920 |2919 |04:03:04 ~-~-> 04:03:10 |to be something that, you're not trying to pretend to be something superior, but
2921 |2920 |04:03:10 ~-~-> 04:03:13 |really not doing anything, you're not going to grow you're not going to get an
2922 |2921 |04:03:13 ~-~-> 04:03:17 |audience. You're not going to you're not going to be able to retain that. But if
2923 |2922 |04:03:17 ~-~-> 04:03:22 |you do the things that I have discovered are actually what people want. If you
2924 |2923 |04:03:22 ~-~-> 04:03:26 |have something that works, and my stuff works, you have to find it where it
2925 |2924 |04:03:26 ~-~-> 04:03:29 |works for you, though. You have to have a model that's comfortable for you,
2926 |2925 |04:03:29 ~-~-> 04:03:33 |trading a time of day, an instrument that's conducive for you to feel
2927 |2926 |04:03:34 ~-~-> 04:03:37 |comfortable. You're not trying to reinvent anything. You're not trying to
2928 |2927 |04:03:37 ~-~-> 04:03:40 |amplify or make it better or tweak it that way. You can say, well, I took this
2929 |2928 |04:03:40 ~-~-> 04:03:43 |and made it better. That's what everybody wants. Everybody wants to do
2930 |2929 |04:03:43 ~-~-> 04:03:47 |that, and you don't need to do that. I have so many weapons. All you gotta do
2931 |2930 |04:03:47 ~-~-> 04:03:54 |is say, You know what? I like the katana, I like the bo staff, I like the
2932 |2931 |04:03:54 ~-~-> 04:04:01 |side, I like the nunchuck, I like the shuriken, I like the Takagi. These are
2933 |2932 |04:04:01 ~-~-> 04:04:06 |all weapons. Okay, no one weapon is better than the other in the hands of
2934 |2933 |04:04:06 ~-~-> 04:04:10 |someone that knows how to use them formidably. You don't want to be dealing
2935 |2934 |04:04:10 ~-~-> 04:04:15 |with that. It's a bad day. So if you go through the motions of going through,
2936 |2935 |04:04:16 ~-~-> 04:04:20 |what is it I teach? The first thing is how to read price. Where's it going, why
2937 |2936 |04:04:20 ~-~-> 04:04:24 |is it going and when's it going to move? That's your first that's your first
2938 |2937 |04:04:24 ~-~-> 04:04:29 |level. But then you find a model that tells you how to get in and where to
2939 |2938 |04:04:29 ~-~-> 04:04:34 |look for a trade exit point and where to stop loss is. That's your model. That's
2940 |2939 |04:04:34 ~-~-> 04:04:38 |it. That's a very simple thing. What makes it hard is you're trying to figure
2941 |2940 |04:04:38 ~-~-> 04:04:42 |out which one's the better one. And if you're going to be honest, that's what
2942 |2941 |04:04:42 ~-~-> 04:04:46 |you're all struggling with. You're listening to so many influencers and
2943 |2942 |04:04:46 ~-~-> 04:04:50 |other people that said they study with me. Oh, it doesn't work. I now I'm doing
2944 |2943 |04:04:50 ~-~-> 04:04:56 |this. Oh, he complicate. I don't complicate shit. But it is a complicated
2945 |2944 |04:04:56 ~-~-> 04:04:58 |matter for you to settle in on what you're comfortable with, because you
2946 |2945 |04:04:58 ~-~-> 04:05:04 |have to sit down and go through. Motions of figuring out what makes you tick. Can
2947 |2946 |04:05:04 ~-~-> 04:05:09 |you trade against the grain and be a trader that goes short up here? I'm
2948 |2947 |04:05:09 ~-~-> 04:05:12 |gonna bet money that most of you aren't doing that. Can you grow into that yet?
2949 |2948 |04:05:12 ~-~-> 04:05:17 |It's that's what I had. It took years and years and years me to do that long
2950 |2949 |04:05:17 ~-~-> 04:05:25 |time, but being a part of a move that's easy to see and engaging that that's
2951 |2950 |04:05:25 ~-~-> 04:05:31 |easy stuff. That's why I say entries are easy. Targets are easy. They're all
2952 |2951 |04:05:31 ~-~-> 04:05:35 |finite things. But knowing where the market's going to go, that's the
2953 |2952 |04:05:35 ~-~-> 04:05:41 |uncertainty that evades most traders. And for the ones that know where it's
2954 |2953 |04:05:41 ~-~-> 04:05:46 |likely to go. Where do they mess up? They mess up by trying to force too many
2955 |2954 |04:05:46 ~-~-> 04:05:51 |things in their model, and it gets analysis paralysis. I know where it's
2956 |2955 |04:05:51 ~-~-> 04:05:56 |going, but I'm afraid if I take this one and then I see something else forming,
2957 |2956 |04:05:56 ~-~-> 04:06:00 |and then I'm trying to do too sort of a stop loss. It's trying to be too tight,
2958 |2957 |04:06:00 ~-~-> 04:06:04 |because I'm trading with too much leverage, right? There's your problem
2959 |2958 |04:06:05 ~-~-> 04:06:10 |trade with one contract, because if you can't double your account with one
2960 |2959 |04:06:10 ~-~-> 04:06:15 |contract, you sure as fucking doing it with 15 and five or whatever else you
2961 |2960 |04:06:15 ~-~-> 04:06:18 |think you're gonna do, you're not gonna do it. All you're doing is amplifying
2962 |2961 |04:06:18 ~-~-> 04:06:25 |the stress and the problem of holding onto a trade while you're in that with
2963 |2962 |04:06:25 ~-~-> 04:06:31 |over leveraged contract size or lot size, if you're in forex, you're going
2964 |2963 |04:06:31 ~-~-> 04:06:35 |to care more about the fluctuations of profit and loss. It's taking money from
2965 |2964 |04:06:35 ~-~-> 04:06:38 |me. It's putting money in there. I'm going to new equity high in the trade.
2966 |2965 |04:06:38 ~-~-> 04:06:42 |Oh shit, I gave back half of the trade. I probably should have got out now
2967 |2966 |04:06:42 ~-~-> 04:06:45 |you're worried about something that's probably never going to be a factor. If
2968 |2967 |04:06:45 ~-~-> 04:06:50 |you had one lot on or one contract as a futures trader, that retracement here,
2969 |2968 |04:06:50 ~-~-> 04:06:53 |like if you were short here and you watched the trade back up to there,
2970 |2969 |04:06:53 ~-~-> 04:06:58 |that's about 50% of a retracement on an open position. I'm not fearful of that.
2971 |2970 |04:06:59 ~-~-> 04:07:05 |That's why I'm not in a rush to push my trades real fast, taking my stop loss,
2972 |2971 |04:07:05 ~-~-> 04:07:10 |jamming it into a certain measure of guaranteeing big, big profit, because I
2973 |2972 |04:07:10 ~-~-> 04:07:16 |know the first return after a nice entry can go as much as 60% of a retracement,
2974 |2973 |04:07:16 ~-~-> 04:07:20 |meaning that it could trade right back to the area I entered at. And that
2975 |2974 |04:07:20 ~-~-> 04:07:24 |doesn't change anything. It just means that, hey, that might be an opportunity
2976 |2975 |04:07:24 ~-~-> 04:07:30 |for to add another portion on. Or, okay, is it really spending too much time back
2977 |2976 |04:07:30 ~-~-> 04:07:34 |at that 60% or a trace, or more than 50% of what I've already seen as an
2978 |2977 |04:07:34 ~-~-> 04:07:38 |unrealized gain? In other words, if I'm in the trade and I say, I make it easy,
2979 |2978 |04:07:38 ~-~-> 04:07:42 |say, I have $1,000 in open profit, but it's not been realized or closed and
2980 |2979 |04:07:42 ~-~-> 04:07:48 |then it retraces against me, back where I'm down over 500 hours up in open
2981 |2980 |04:07:48 ~-~-> 04:07:51 |profit, but not realized I didn't close the trade. It hasn't gone back to my
2982 |2981 |04:07:51 ~-~-> 04:07:56 |stop loss. It hasn't gone below profit, but I'm now only up 450 bucks or
2983 |2982 |04:07:56 ~-~-> 04:08:01 |whatever. That doesn't make me second guess the trade or change my mind about
2984 |2983 |04:08:01 ~-~-> 04:08:08 |the trade, I better get out. And I'm going to count to you to watch this
2985 |2984 |04:08:08 ~-~-> 04:08:11 |portion where I was covering all this stuff in here today, where it kind of
2986 |2985 |04:08:11 ~-~-> 04:08:22 |helps you formulate a process or a mindset on anticipating this ebb and
2987 |2986 |04:08:22 ~-~-> 04:08:25 |flow, this give and take that the market's going to do while you're in a
2988 |2987 |04:08:25 ~-~-> 04:08:29 |trade. And if you don't get accustomed to seeing some of that profit come back
2989 |2988 |04:08:29 ~-~-> 04:08:33 |into the marketplace and come out of your account, and trust that that's a
2990 |2989 |04:08:33 ~-~-> 04:08:38 |normal process. It's normal for that to happen. We all want these types of
2991 |2990 |04:08:38 ~-~-> 04:08:42 |trades where you get short here and it just runs away quick. It doesn't have
2992 |2991 |04:08:42 ~-~-> 04:08:46 |any retracing at all ever. Every new equity high stays there and adds more to
2993 |2992 |04:08:46 ~-~-> 04:08:51 |it until the trade hits the limit order and you get out. That's not realistic.
2994 |2993 |04:08:51 ~-~-> 04:08:58 |But I have found that when I was giving my examples, people would say, I see
2995 |2994 |04:08:58 ~-~-> 04:09:02 |your examples and I want my trades that pan out like yours, but they don't
2996 |2995 |04:09:02 ~-~-> 04:09:06 |realize is I was speeding them up because I had to force them on Twitter
2997 |2996 |04:09:06 ~-~-> 04:09:09 |inside of one minute and 20 seconds, because that was the time limit I had to
2998 |2997 |04:09:09 ~-~-> 04:09:14 |have for those those trade videos to be shown. So I'd condense, sometimes an
2999 |2998 |04:09:14 ~-~-> 04:09:18 |hour, maybe 45 minutes, a 30 minute trade. I would speed it up not because
3000 |2999 |04:09:18 ~-~-> 04:09:21 |I'm hiding anything. There's nothing to hide. It's all there. You can see it,
3001 |3000 |04:09:23 ~-~-> 04:09:28 |but it had to be forced into a small space of time. And then I would record a
3002 |3001 |04:09:28 ~-~-> 04:09:31 |song and place it on top of it. But because they would watch those videos,
3003 |3002 |04:09:31 ~-~-> 04:09:35 |it was actually and I didn't realize it until after most people were coming back
3004 |3003 |04:09:35 ~-~-> 04:09:38 |to me and giving me this feedback, they would say, Well, you know, I'm in these
3005 |3004 |04:09:38 ~-~-> 04:09:42 |trades, and it's hard for me to hold why? Because you watch my trade videos
3006 |3005 |04:09:42 ~-~-> 04:09:51 |in the span of a truncated song of 120 seconds, you're expecting your profit
3007 |3006 |04:09:51 ~-~-> 04:09:55 |objectives to be met in very super, hyper speeds. Because what are you
3008 |3007 |04:09:55 ~-~-> 04:09:59 |watching? You're you're activating your reticular activating system, seeing the.
3009 |3008 |04:10:00 ~-~-> 04:10:04 |Things happen on a sped up chart with a real execution in live market
3010 |3009 |04:10:04 ~-~-> 04:10:11 |conditions, not always a demo. Sometimes it was in a amp account. Sometimes it
3011 |3010 |04:10:11 ~-~-> 04:10:16 |was in a TD Ameritrade account. They're real brokers. That's not That's not a
3012 |3011 |04:10:16 ~-~-> 04:10:22 |paper trading account that was real. But these videos, these examples, because
3013 |3012 |04:10:22 ~-~-> 04:10:26 |they were sped up. You're being entertained because it's me doing
3014 |3013 |04:10:26 ~-~-> 04:10:29 |execution. You're being entertained because there's a song in a lot of not
3015 |3014 |04:10:29 ~-~-> 04:10:34 |everybody, but a lot of people say, I like your song choices, and then you're
3016 |3015 |04:10:34 ~-~-> 04:10:38 |watching the duration of it. So what are you taking in? Your subconscious is
3017 |3016 |04:10:38 ~-~-> 04:10:45 |saying, when I take a trade, I'm going to have that fast run, and I no longer
3018 |3017 |04:10:45 ~-~-> 04:10:48 |want to do those type of videos, because the feedback I got, nobody was
3019 |3018 |04:10:48 ~-~-> 04:10:53 |complaining about that video or those videos. They were saying, please give us
3020 |3019 |04:10:53 ~-~-> 04:10:58 |more. But what I was getting back in the comment section or emails, they would
3021 |3020 |04:10:58 ~-~-> 04:11:03 |say, I've watched your videos, and I'm inspired by that, but when I get into a
3022 |3021 |04:11:03 ~-~-> 04:11:07 |trade, it's just I can't hold on to them, because I don't have the patience.
3023 |3022 |04:11:07 ~-~-> 04:11:12 |And I realized I'm probably a very large contributing factor to that, because of
3024 |3023 |04:11:12 ~-~-> 04:11:18 |the the the way I was giving that sped up example, I thought I was doing
3025 |3024 |04:11:18 ~-~-> 04:11:22 |something cool, and I still think it's cool, but through the lens of a new
3026 |3025 |04:11:22 ~-~-> 04:11:26 |student, for someone that's brand new, that's never really done it before, it
3027 |3026 |04:11:26 ~-~-> 04:11:32 |kind of like without not being the intended purpose, it has an effect on
3028 |3027 |04:11:32 ~-~-> 04:11:36 |them by framing an expectation in terms of the duration, of how these traits can
3029 |3028 |04:11:36 ~-~-> 04:11:40 |pan out. It makes it feel like they're going to be very fast. And if you
3030 |3029 |04:11:40 ~-~-> 04:11:45 |realize that a lot of those videos were longer than 40 minutes in duration,
3031 |3030 |04:11:46 ~-~-> 04:11:52 |they're not all smart money concepts delivered in five minutes. It's you're
3032 |3031 |04:11:52 ~-~-> 04:11:56 |trading an hour's range. Okay? And here's a nudge, nudge, hint, hint for
3033 |3032 |04:11:56 ~-~-> 04:12:00 |you. But the point is, these moves, these runs, because I've sped them up
3034 |3033 |04:12:00 ~-~-> 04:12:04 |for the purpose of fitting into the bandwidth and time constraints that
3035 |3034 |04:12:04 ~-~-> 04:12:10 |Twitter placed on me and adding a song to it, I supercharged the allure around
3036 |3035 |04:12:10 ~-~-> 04:12:15 |it, and I showed the stuff working. But you're getting trained,
3037 |3036 |04:12:16 ~-~-> 04:12:21 |you know, indirectly, but not by design, to anticipate the trades, painting out
3038 |3037 |04:12:21 ~-~-> 04:12:27 |just like that, in speed for you, based on time. And it was something that no
3039 |3038 |04:12:27 ~-~-> 04:12:32 |one complained about, but I have come to the conclusion that that is the large
3040 |3039 |04:12:32 ~-~-> 04:12:37 |contributing factor. Because what else would it be? What else would it be?
3041 |3040 |04:12:38 ~-~-> 04:12:43 |Because, if you're seeing the trade examples, and 95% of them were always
3042 |3041 |04:12:43 ~-~-> 04:12:49 |sped up and shown on Twitter. It was a main it was a it was a way for me to
3043 |3042 |04:12:49 ~-~-> 04:12:53 |inspire you to say this stuff works. This is what it looks like. Go through
3044 |3043 |04:12:53 ~-~-> 04:12:57 |your charts and find the same information. But mostly it was just
3045 |3044 |04:12:57 ~-~-> 04:13:00 |people watching it for entertainment value and saying, I'm inspired. I'm
3046 |3045 |04:13:00 ~-~-> 04:13:05 |gonna go out and try to trade like that, and then they're uncomfortable because
3047 |3046 |04:13:05 ~-~-> 04:13:08 |now they're in it. It's been 30 seconds. It's been two minutes and 50 seconds.
3048 |3047 |04:13:09 ~-~-> 04:13:13 |It's twice as long as the time limit that they are used to watching my trades
3049 |3048 |04:13:13 ~-~-> 04:13:20 |pan out because they've been sped up just to make it fit the time window that
3050 |3049 |04:13:20 ~-~-> 04:13:23 |Twitter videos, because of my membership, or whatever the limitations
3051 |3050 |04:13:23 ~-~-> 04:13:26 |were, it used to be just that was the limit. You couldn't go beyond, like one
3052 |3051 |04:13:26 ~-~-> 04:13:30 |minute 20 seconds. So my event, my videos would always be like one minute
3053 |3052 |04:13:30 ~-~-> 04:13:33 |19 seconds or whatever. And sometimes they would reject the video and have to
3054 |3053 |04:13:33 ~-~-> 04:13:37 |compress it again to just get below that. Their their little limit they
3055 |3054 |04:13:37 ~-~-> 04:13:40 |would have on me. And my understanding is, I think you can make a longer video
3056 |3055 |04:13:40 ~-~-> 04:13:44 |now, but I don't give a shit. I'm not making those videos anymore. So I've
3057 |3056 |04:13:44 ~-~-> 04:13:48 |learned a lot as a mentor like I've taken things that were directly given to
3058 |3057 |04:13:48 ~-~-> 04:13:54 |me as feedback. I've looked at things that I've felt like I was doing a good
3059 |3058 |04:13:54 ~-~-> 04:13:58 |thing, and other people didn't realize it. And I'm saying it now, maybe some of
3060 |3059 |04:13:58 ~-~-> 04:14:00 |you might think to yourself, yeah, it makes sense. It probably was a
3061 |3060 |04:14:00 ~-~-> 04:14:04 |contributing factor. And now I got to stop thinking about that. The trade has
3062 |3061 |04:14:04 ~-~-> 04:14:08 |to pan out fast, and I have to submit the time, which was the very first thing
3063 |3062 |04:14:08 ~-~-> 04:14:11 |I taught when I was on baby pips, just relax. You got to submit the process,
3064 |3063 |04:14:11 ~-~-> 04:14:15 |submit to the time. It's going to take you much longer, and your trade doesn't
3065 |3064 |04:14:15 ~-~-> 04:14:20 |have to go fast to your target. It's fun when it does it's absolutely fun when it
3066 |3065 |04:14:20 ~-~-> 04:14:25 |does that, but it doesn't have to do that. Doesn't have to do those things to
3067 |3066 |04:14:25 ~-~-> 04:14:32 |be profitable. So anyway, I've said a lot of stuff today. I'm hungry. It's
3068 |3067 |04:14:32 ~-~-> 04:14:36 |almost two o'clock. I've given you a whole lot of information, and I'll
3069 |3068 |04:14:36 ~-~-> 04:14:43 |probably talk to you through your your mundane workday. I probably kept you up
3070 |3069 |04:14:43 ~-~-> 04:14:47 |in in other countries, thinking, I must see what this. Stop talking. I'm afraid
3071 |3070 |04:14:47 ~-~-> 04:14:52 |I'm gonna miss something. You're not gonna miss anything. Okay, it's all
3072 |3071 |04:14:52 ~-~-> 04:14:59 |going to be in in the replay. But I've had fun today. I'm hungry. I'm going to
3073 |3072 |04:14:59 ~-~-> 04:15:02 |close. This one, I'm going to wish you all very pleasant day, evening,
3074 |3073 |04:15:02 ~-~-> 04:15:06 |whatever, and Lord willing, until I'll talk to you tomorrow. Hopefully, I'm
3075 |3074 |04:15:06 ~-~-> 04:15:10 |going to try to, I'm going to try to start the stream early, but it'll, it'll
3076 |3075 |04:15:10 ~-~-> 04:15:15 |sit there with my mug looking at you, just to make sure that I got everything
3077 |3076 |04:15:15 ~-~-> 04:15:21 |going on that way. It hopefully at 915 it'll, it'll go off without any hitch.
3078 |3077 |04:15:21 ~-~-> 04:15:25 |But today was a very technically challenging day for me. It wouldn't
3079 |3078 |04:15:25 ~-~-> 04:15:29 |comply. It wouldn't work with me. So I took me out of my my train of thought,
3080 |3079 |04:15:29 ~-~-> 04:15:33 |but I think I salvaded Good one today. I gave you a lot of information. I covered
3081 |3080 |04:15:33 ~-~-> 04:15:38 |the turtle soup stuff I wanted to talk about, and everything else is there. I'm
3082 |3081 |04:15:38 ~-~-> 04:15:42 |going to try. I can't promise it, it's going to be successful, because, you
3083 |3082 |04:15:42 ~-~-> 04:15:46 |know, I tend to go on a rant, and every time I say we're going to close it, we
3084 |3083 |04:15:46 ~-~-> 04:15:50 |go another hour. Keep going ITP, you said four o'clock. We're here for it,
3085 |3084 |04:15:50 ~-~-> 04:15:59 |baby. But the the the live streams as I go through and progress on different
3086 |3085 |04:15:59 ~-~-> 04:16:05 |subject matter, I'm going to try to be mindful of transitions from one subject
3087 |3086 |04:16:05 ~-~-> 04:16:12 |matter to the next. I know these are very, very long catalogs of information.
3088 |3087 |04:16:12 ~-~-> 04:16:17 |So what I'm entertaining the idea of, I'm not promising I'm going to do this.
3089 |3088 |04:16:17 ~-~-> 04:16:22 |I'm entertaining the idea that might, that means I might try to do it going
3090 |3089 |04:16:22 ~-~-> 04:16:27 |forward when I talk about specific elements of the discussion, like, for
3091 |3090 |04:16:27 ~-~-> 04:16:31 |instance, when we were talking about the turtle soup aspect, okay, you know,
3092 |3091 |04:16:31 ~-~-> 04:16:34 |yesterday, I was going to talk about that as a subject matter today, but I
3093 |3092 |04:16:34 ~-~-> 04:16:37 |didn't go right into that subject matter because we were watching live price
3094 |3093 |04:16:37 ~-~-> 04:16:41 |action. I was giving you counseling over what to expect, but not to expect.
3095 |3094 |04:16:41 ~-~-> 04:16:44 |Telling my son, this is what you're looking for. This is what's good. This
3096 |3095 |04:16:44 ~-~-> 04:16:48 |is what's not good. All those things being germane to the discussion and why
3097 |3096 |04:16:48 ~-~-> 04:16:54 |I'm even doing the live streams. But I want to, kind of like write down the
3098 |3097 |04:16:54 ~-~-> 04:16:59 |time when I transition from one subject to the to the next, and then I will give
3099 |3098 |04:16:59 ~-~-> 04:17:04 |you in a comment underneath the live stream, or maybe in the description.
3100 |3099 |04:17:04 ~-~-> 04:17:09 |I'll give you a breakdown of, you know, what I'm covering in there. If you are
3101 |3100 |04:17:09 ~-~-> 04:17:15 |one of my students that have the always done this with my videos, I have some
3102 |3101 |04:17:15 ~-~-> 04:17:19 |students that literally will give you the minute marker of every fucking video
3103 |3102 |04:17:19 ~-~-> 04:17:23 |I've ever made and what I was talking about like they're, they're amazing at
3104 |3103 |04:17:23 ~-~-> 04:17:27 |it. They catalog and index things so well, but they were doing it for
3105 |3104 |04:17:27 ~-~-> 04:17:33 |themselves. And sometimes I would, I would promote those, those comments in,
3106 |3105 |04:17:33 ~-~-> 04:17:37 |in the in the videos, so that way people can say, Okay, well, he they're doing it
3107 |3106 |04:17:37 ~-~-> 04:17:41 |for themselves, but I'm going to borrow that so that way everybody can see this
3108 |3107 |04:17:41 ~-~-> 04:17:44 |is where I'm talking about that. That was actually a cool thing. I didn't
3109 |3108 |04:17:44 ~-~-> 04:17:48 |really go through and verify all that stuff. So what I'm going to do is ask
3110 |3109 |04:17:48 ~-~-> 04:17:51 |you all as the community, not that all of you need to do it. Okay? It's not a
3111 |3110 |04:17:51 ~-~-> 04:17:54 |homework assignment, because there's a lot of things going on the world, and
3112 |3111 |04:17:54 ~-~-> 04:17:57 |there's enough for you to go through with the content. But for people that
3113 |3112 |04:17:57 ~-~-> 04:18:00 |just do this anyway, and you write down and you log where I talk about certain
3114 |3113 |04:18:00 ~-~-> 04:18:05 |things in these long videos and these long, long live streams, if you're
3115 |3114 |04:18:05 ~-~-> 04:18:09 |willing to, you can leave that type of information. Just leave the title and
3116 |3115 |04:18:09 ~-~-> 04:18:14 |the date of the live stream, just comment and reply to whatever the most
3117 |3116 |04:18:14 ~-~-> 04:18:20 |recent community post is. Because when I look at the posts, I just go through all
3118 |3117 |04:18:20 ~-~-> 04:18:24 |the video posts that say for review. All my comments generally are for review, so
3119 |3118 |04:18:24 ~-~-> 04:18:30 |I can go through and see what people are saying. And if I, if I get a if I get at
3120 |3119 |04:18:30 ~-~-> 04:18:32 |least two or three of you saying that, this is generally where I'm changing
3121 |3120 |04:18:32 ~-~-> 04:18:35 |gears. And I'm talking about, this is where he starts talking about turtle
3122 |3121 |04:18:35 ~-~-> 04:18:38 |suit, and this is where he's talking about entry strategies. This is where he
3123 |3122 |04:18:38 ~-~-> 04:18:42 |talks about stop loss placement and how to use smaller stop losses. I cover
3124 |3123 |04:18:42 ~-~-> 04:18:47 |those things today. Okay? And I know that there are people that are trying to
3125 |3124 |04:18:47 ~-~-> 04:18:51 |spoon feed the people that don't want to sit and listen to the entire thing. So
3126 |3125 |04:18:51 ~-~-> 04:18:55 |I'm going to strangle them, okay? Because they're trying to make YouTube
3127 |3126 |04:18:55 ~-~-> 04:19:01 |channels of splicing right to the nuggets. Okay? I'm going to cancel that
3128 |3127 |04:19:01 ~-~-> 04:19:06 |whole necessity for that by putting timestamps in these long winded
3129 |3128 |04:19:06 ~-~-> 04:19:11 |presentations. So that way you can go in by index and say, Okay, this is the
3130 |3129 |04:19:11 ~-~-> 04:19:14 |video. He talks about, this, this, this, this, and I can click on it. I'm not
3131 |3130 |04:19:14 ~-~-> 04:19:17 |saying I'm going to go through the business of going in and doing the
3132 |3131 |04:19:17 ~-~-> 04:19:22 |hyperlinks right to that, that minute marker, but I would appreciate it if
3133 |3132 |04:19:23 ~-~-> 04:19:26 |some of you want to help in this regard, it doesn't mean I'm going to make your
3134 |3133 |04:19:26 ~-~-> 04:19:31 |comment visible. It just means that, you know, if you're already doing it, don't
3135 |3134 |04:19:31 ~-~-> 04:19:34 |start doing it. If you don't want to do it, okay. But if you're already doing
3136 |3135 |04:19:34 ~-~-> 04:19:38 |it, if you want to make that available to me in the comment section, it would
3137 |3136 |04:19:38 ~-~-> 04:19:43 |be a personal matter of me appreciating that and saying thank you for your your
3138 |3137 |04:19:43 ~-~-> 04:19:47 |assistance with it. But going forward, I intend to do that, but for the ones that
3139 |3138 |04:19:47 ~-~-> 04:19:50 |we've already done, it's been six. This is the sixth live stream. I think, yeah,
3140 |3139 |04:19:50 ~-~-> 04:19:55 |sixth 1/6, one. So the sixth, the fifth, fourth, third and two, first one.
3141 |3140 |04:19:56 ~-~-> 04:20:00 |Whenever I'm changing subject matter or I'm amplifying something, and then. And
3142 |3141 |04:20:00 ~-~-> 04:20:04 |return back to something that was being discussed earlier, I would be beneficial
3143 |3142 |04:20:04 ~-~-> 04:20:08 |to other people, because I get a lot of questions, and they think I have a index
3144 |3143 |04:20:08 ~-~-> 04:20:12 |of what video, what time in the video. I don't do that shit, but I can see a use
3145 |3144 |04:20:12 ~-~-> 04:20:17 |for it, because I am very long winded, because I'm giving a clinic, like I'm
3146 |3145 |04:20:17 ~-~-> 04:20:21 |literally writing books audibly, like I'm doing an audio fucking book every
3147 |3146 |04:20:21 ~-~-> 04:20:26 |day with you all. I'm literally giving that much information. And you think
3148 |3147 |04:20:26 ~-~-> 04:20:29 |it's just a small amount of information. You could cut this down to five minutes.
3149 |3148 |04:20:29 ~-~-> 04:20:34 |The fuck I can. Okay, you can't. You cannot do today's lecture in a small
3150 |3149 |04:20:34 ~-~-> 04:20:38 |little span of time, because there's so many things that are contributing
3151 |3150 |04:20:38 ~-~-> 04:20:43 |elements to it. And yeah, I have a lot of fluff and talking in it, but you
3152 |3151 |04:20:43 ~-~-> 04:20:46 |still can't reduce it down to a very small video. There has to be other
3153 |3152 |04:20:46 ~-~-> 04:20:49 |things, and you're going to need other videos and lectures where I've done
3154 |3153 |04:20:49 ~-~-> 04:20:55 |other discussions to amplify and further explain what you don't fully understand
3155 |3154 |04:20:55 ~-~-> 04:20:59 |just because I talked about it or mentioned it briefly here, like the
3156 |3155 |04:20:59 ~-~-> 04:21:02 |breaker, if you've never seen the breaker before, what the hell's a
3157 |3156 |04:21:02 ~-~-> 04:21:06 |breaker? Where is the breaker's entry mechanism? What validates it as a
3158 |3157 |04:21:06 ~-~-> 04:21:09 |breaker? These are all questions you probably if you've never heard it,
3159 |3158 |04:21:09 ~-~-> 04:21:12 |you're like, Okay, what is a breaker? Where can I find information on a
3160 |3159 |04:21:12 ~-~-> 04:21:15 |breaker? How do you trade a breaker? You know what validates a breaker? What
3161 |3160 |04:21:15 ~-~-> 04:21:20 |invalidates a breaker? So I know the questions you're going to come up with,
3162 |3161 |04:21:21 ~-~-> 04:21:26 |but they're already answered in other videos that you should have already
3163 |3162 |04:21:26 ~-~-> 04:21:29 |watched before watching this one. But you can't be that way if you just
3164 |3163 |04:21:29 ~-~-> 04:21:32 |discover the channel. So you got to take it in bite sized pieces and just know
3165 |3164 |04:21:32 ~-~-> 04:21:38 |that they're in the mentorship videos, the 2016 and 2017 playlists on this
3166 |3165 |04:21:38 ~-~-> 04:21:43 |YouTube channel. Go through them, okay, and that's it. I'm going to get off
3167 |3166 |04:21:43 ~-~-> 04:21:47 |here. I wish you all very pleasant day. I had fun. Hope you learned something.
3168 |3167 |04:21:47 ~-~-> 04:21:50 |If you did, if you liked it, enjoy it. Give me a thumbs up. That's our currency
3169 |3168 |04:21:50 ~-~-> 04:21:55 |here. There's no There's no PayPal links required, and I'll talk to you tomorrow.
3170 |3169 |04:21:55 ~-~-> 04:21:56 |Lord willing. Till then, be safe. You.