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ICT YT - 2024-08-19 - ICT 2024 Mentorship - Lecture 12

Last modified by Drunk Monkey on 2024-08-31 08:17
1 00:01:21 --> 00:01:26 ICT: I Know, right, two live streams in the same day, what is going on well, as
2 00:01:26 --> 00:01:30 you know, I mentioned today that the rest of this week when I live stream,
3 00:01:30 --> 00:01:35 it's only going to be an hour long. So I want to take the opportunity to kind of
4 00:01:35 --> 00:01:39 like review briefly. It shouldn't be too long. I promise a couple minutes the
5 00:01:40 --> 00:01:44 action for today and go over some salient points. So that way, I have to
6 00:01:44 --> 00:01:47 do it tomorrow morning, when we first start the live stream, so we can just go
7 00:01:47 --> 00:01:55 right into it and pick up from whatever the market's doing at that time. So we
8 00:01:55 --> 00:01:56 have the I
9 00:02:04 --> 00:02:14 now stack this a daily chart, and if you recall, go back on the 13th of July, I'm
10 00:02:14 --> 00:02:21 sorry, of August, last week, at the end of the stream on the last, I guess,
11 00:02:21 --> 00:02:27 quarter in terms of the length of the stream I went through the process of
12 00:02:27 --> 00:02:33 going through the higher time frame. I think, I think I touched on the weekly
13 00:02:33 --> 00:02:37 chart. But if not, I know, I covered the daily and I went through several levels.
14 00:02:37 --> 00:02:44 I said that, you know, while we were on the 13th right here. I said longer term,
15 00:02:45 --> 00:02:48 we're reaching higher. So I'm not trying to pick the top in that. I mentioned
16 00:02:48 --> 00:02:54 that we would be reaching for mean threshold of this up close candle.
17 00:02:54 --> 00:02:59 Extend that through we hit that. I said that liquidity pressing about here, and
18 00:02:59 --> 00:03:05 that took your attention right in here we have this Sibi here, which we had a
19 00:03:05 --> 00:03:11 complete closure of that today, right at the close. So this candle is low, right
20 00:03:11 --> 00:03:17 here, this one, if you look up at this value upper left hand corner, that low
21 00:03:19 --> 00:03:30 comes in at 19,008, 68.25, 68.25 today's high 19,008, 71.75 so we cleared it
22 00:03:31 --> 00:03:40 Okay, and this little shaded area in pink, that's where I think that we'll
23 00:03:40 --> 00:03:45 try to still reach up into it'll be interesting. Once we get into this a
24 00:03:45 --> 00:03:49 little bit, it can go there and touch it, and probably have a nice little
25 00:03:49 --> 00:03:55 retracement. I'd like to see it completely overlap. The difference
26 00:03:55 --> 00:04:01 between this candles close and this candles open so where there's no body,
27 00:04:01 --> 00:04:04 it's just a wick. Let's see.
28 00:04:17 --> 00:04:22 Okay, see the difference between this candlesticks body and this candlesticks
29 00:04:22 --> 00:04:25 body, it's only got one wicked area. That's a volume imbalance. You'll see
30 00:04:25 --> 00:04:30 and hear me talk about that at the end of the live stream last Tuesday. So in
31 00:04:30 --> 00:04:35 terms of bias, okay, we have been anticipating, we have not been looking
32 00:04:35 --> 00:04:38 for lower prices. We have not been calling lower prices, but I've been
33 00:04:38 --> 00:04:44 looking for intraday opportunities to push by example to my son Caleb, what
34 00:04:45 --> 00:04:49 could frame a exercise like a like a practice session on how to read,
35 00:04:50 --> 00:04:56 interpret, get a feel for how far I can run, develop an eye and a knack with
36 00:04:56 --> 00:05:01 experience on fair value gaps and drawing to a. Relative equal highs,
37 00:05:01 --> 00:05:05 relative equal lows. And also getting a feel for the session bias, which is
38 00:05:05 --> 00:05:10 going to define both the buy side and the sell side, which is always what I've
39 00:05:10 --> 00:05:16 been teaching, and whatever one of those liquidity are taken first, usually the
40 00:05:16 --> 00:05:24 opposite it goes for that. Okay, so we have another example that today I went
41 00:05:24 --> 00:05:30 through the business of showing the Give me a second. I gotta go through the
42 00:05:30 --> 00:05:34 series of all these. I want to put my drawings back on. How to delete it that
43 00:05:34 --> 00:05:34 way, when
44 00:05:39 --> 00:05:45 we drop back down in all these levels will be pertinent. You'll be able to see
45 00:05:45 --> 00:05:51 them all. So I'm going to drop into a 15 minute time frame, and you can see
46 00:05:53 --> 00:06:00 today's action right in here. That's where the institutional overflow entry
47 00:06:00 --> 00:06:06 drill was called real time. And then, if you recall, watch the live stream. It
48 00:06:06 --> 00:06:14 was, it was a rather long one today, but Caleb is not gonna be able to keep up if
49 00:06:14 --> 00:06:18 they're, if they're like that all the time. And then some of you like, just
50 00:06:18 --> 00:06:25 keep going. I'd like to, I really would, but I don't think it's going to help him
51 00:06:25 --> 00:06:27 if they're all that long.
52 00:06:32 --> 00:06:43 So I talked about some of the things that lead to hold on to a trade longer,
53 00:06:44 --> 00:06:50 and what promotes the ideas of sticking with the trade? What are problematic
54 00:06:52 --> 00:06:57 conditions that end up materializing in trades while you're watching price, or
55 00:06:57 --> 00:07:04 whether in a trade, if you're demoing it, paper, trading it, tape, reading it.
56 00:07:08 --> 00:07:14 And I covered a lot of really. I mean, if you don't watch today's stream a few
57 00:07:14 --> 00:07:21 times and take a lot of notes from it, I mean, I spent a lot, I had a lot of time
58 00:07:21 --> 00:07:25 cutting off today, obviously, and I enjoyed that I had a few people send me
59 00:07:25 --> 00:07:31 some some comments saying, I don't mind the bad language, but could you not say
60 00:07:31 --> 00:07:39 this particular word? I'm not really trying to filter myself, because if I
61 00:07:39 --> 00:07:45 did, I would never get through the presentations. And I'm not proud of that
62 00:07:45 --> 00:07:52 stuff. I say, I just they have to be organic. And it's it's not something
63 00:07:52 --> 00:07:56 that is a big deal. You shouldn't have your children listening to me while I'm
64 00:07:56 --> 00:08:03 doing it. So we're all adults here. I know one of the ladies in the listening
65 00:08:03 --> 00:08:08 audience told me she doesn't like the B word. I said some nasty things today,
66 00:08:08 --> 00:08:13 and that's the that's the word she didn't like. So I apologize, man. I
67 00:08:13 --> 00:08:18 don't mean to be offensive with the language, but sometimes I lose control
68 00:08:18 --> 00:08:21 of my tongue and I go off the rails a little bit. That's part of the
69 00:08:22 --> 00:08:27 incredible, like atmosphere around here. Not proud of it, but that's it's
70 00:08:27 --> 00:08:33 unforeseen. What happens the the live stream today, I gave you a drawing, and
71 00:08:33 --> 00:08:36 I probably should have drew this out before I started the stream. But you
72 00:08:36 --> 00:08:41 know what? I like going on here without a safety net. So I mentioned how, if we
73 00:08:41 --> 00:08:47 understand the elements that are being taught, and if we're looking for just
74 00:08:47 --> 00:08:52 setups intraday in the beginning, it's easy to lose sight of, well, you know,
75 00:08:53 --> 00:08:58 you're never really going to make big money or really grow The account, or
76 00:08:58 --> 00:09:05 have these extrapolated risk to reward model returns, if you're always this
77 00:09:05 --> 00:09:10 trading, any small little intraday moves in my response to that question that has
78 00:09:10 --> 00:09:15 been coming my way since I actually started the 2024 mentorship here on
79 00:09:15 --> 00:09:21 YouTube, I have students and traders and you know, those that are just casually
80 00:09:21 --> 00:09:24 watching every now and then, just get a feel for what is it that we're doing
81 00:09:24 --> 00:09:28 here. And they questioned you, how do you use this information outside of an
82 00:09:28 --> 00:09:33 intraday chart, like, I want to trade bigger moves. And also, I segued into
83 00:09:33 --> 00:09:36 helping others that were asking questions such as, how do you hold on to
84 00:09:36 --> 00:09:43 the trade? How do you hold on to trades that keep moving and and not get stopped
85 00:09:43 --> 00:09:48 out, not get nervous or whatever. And it starts by the same process of what we've
86 00:09:48 --> 00:09:53 been doing here. It all starts there. So if you've never really had a way of
87 00:09:53 --> 00:09:56 going in through the content and be having a beginning point. This is the
88 00:09:56 --> 00:10:00 beginning point. This is like, because this is the best. A getting point that I
89 00:10:00 --> 00:10:04 can create for my son. So if it's good enough for him, you know, it's
90 00:10:04 --> 00:10:07 definitely going to be good enough for you, and you're not, in my flesh and
91 00:10:07 --> 00:10:11 blood, he is. So if I'm pushing him through this perspective, this approach,
92 00:10:11 --> 00:10:16 this, you know, pathway to understanding, then that's your best
93 00:10:16 --> 00:10:22 answer for those that are asking where to start. So I covered how, if we
94 00:10:22 --> 00:10:28 understand what the market's trying to do initially, we want to frame buy side
95 00:10:28 --> 00:10:34 and sell side, and then if we have what I have held on to this entire
96 00:10:34 --> 00:10:40 mentorship, listen to the commentary on a higher Time Frame we've been
97 00:10:40 --> 00:10:44 anticipating and looking for higher prices. That's exactly how I did my
98 00:10:44 --> 00:10:48 mentorship when they were paying me, and I would give them analysis. I would
99 00:10:48 --> 00:10:51 point to higher Time Frame levels where the market's going to reach for and then
100 00:10:51 --> 00:10:55 all they have to do with students is look at the lower time frames and
101 00:10:55 --> 00:11:02 anticipate when it has completed its run on opposing liquidity, and then get in
102 00:11:02 --> 00:11:05 sync with order flow. That would get them in sync with the higher time frame
103 00:11:05 --> 00:11:10 analysis I would share on the weekly and the daily. Those elements, I was in the
104 00:11:10 --> 00:11:16 high 90% bracket in terms of accuracy, and no student came forward and said
105 00:11:16 --> 00:11:22 otherwise. It proved that I wasn't. You are going to be finding trades that are
106 00:11:22 --> 00:11:29 in that mindset, that framework, that bias, okay, but I don't want Caleb to
107 00:11:29 --> 00:11:33 think that that's the only trading opportunities, because if I lock him
108 00:11:33 --> 00:11:39 into just that, it it won't give him the opportunity To understand how even
109 00:11:39 --> 00:11:45 retracement intraday can be traded against that long term higher Time Frame
110 00:11:45 --> 00:11:50 bias, and it also teaches him, by default, by able but being able to see
111 00:11:50 --> 00:11:55 these retracements intraday that would be opposed to those long winded runs
112 00:11:55 --> 00:12:00 higher or lower on the weekly and daily chart. It gives him, or it will give you
113 00:12:00 --> 00:12:04 also the comfort of knowing that it's just a retracement. It's not it's not
114 00:12:04 --> 00:12:10 changing anything. It hasn't upset the underlying, you know, premise of the
115 00:12:10 --> 00:12:16 market moving on a higher Time Frame, significantly higher. So I drew out this
116 00:12:16 --> 00:12:21 idea today, and I was talking about how, if we're trying to enter and hold on to
117 00:12:21 --> 00:12:27 longer term moves. And I see a lot of live streamers out there, you know, I
118 00:12:27 --> 00:12:31 don't hate any live streamer. I can get any comments or whatever, but a lot of
119 00:12:31 --> 00:12:36 my students understand that I have a, you know, a fun relationship with one or
120 00:12:36 --> 00:12:41 two youtubers on the internet, and they take shots at me, and it's fine. It's
121 00:12:41 --> 00:12:45 this shop talk. I don't, I don't take anything personal against them, none of
122 00:12:45 --> 00:12:49 that stuff. But I can, I can take a good ribbing, and I like to give it out too,
123 00:12:49 --> 00:12:53 and I hope, I hope, when they receive it, it's understood that I'm just having
124 00:12:53 --> 00:12:57 fun. I don't mean it mean spirited. Sometimes they're a tribe. They're 13,
125 00:12:57 --> 00:13:00 they get all bent out of shape. They think I'm trying to be mean to them, and
126 00:13:00 --> 00:13:04 it's not I'm actually trying to encourage them to get better. And I
127 00:13:04 --> 00:13:08 actually mentioned it by name in my live streams or my videos to kind of like
128 00:13:08 --> 00:13:13 prod them, saying, Listen, I'm thinking to you right now. You listen to me and
129 00:13:13 --> 00:13:17 you'll be better. You'll be better at what you're doing. So I talked about how
130 00:13:17 --> 00:13:22 the power three, which is my solution to a conundrum that Larry Williams said he
131 00:13:22 --> 00:13:26 had, back in 1995 at least during the time when he made that video series, the
132 00:13:28 --> 00:13:32 confidential trading course, or futures millionaires confidential trading
133 00:13:32 --> 00:13:38 course. I think it's what it is. It's a four tape, VHS tape thing. And that was
134 00:13:38 --> 00:13:42 like, that was my go to for encouragement. And as I mentioned in
135 00:13:42 --> 00:13:46 live stream, he found it difficult at that time. I don't know if he's ever
136 00:13:46 --> 00:13:50 gotten better, but he said it was hard for him to be a buyer below the opening
137 00:13:50 --> 00:13:54 price when he was bullish. So he'd always use buying on strength. And to
138 00:13:54 --> 00:13:57 me, that was my opportunity. So I've taught today, and I've taught at other
139 00:13:57 --> 00:14:02 places on this YouTube channel, just look up power three, and you can see how
140 00:14:02 --> 00:14:08 I've answered that problem. Okay, I have a very systematic approach to doing it
141 00:14:08 --> 00:14:12 today. I've proved it. I outlined it, I told you where the buy was, I told you
142 00:14:12 --> 00:14:18 how the day would transpire, how to hold on to it based on time. And we're gonna
143 00:14:18 --> 00:14:21 take a look at some of those things today. But I want you to go back and
144 00:14:21 --> 00:14:25 listen to the live stream. You'll hear me outline these things and how this is
145 00:14:25 --> 00:14:31 below that little area right there, is below the opening price at 930 but just
146 00:14:31 --> 00:14:37 think about how this that little part right there that's basically the 9/31
147 00:14:38 --> 00:14:42 opening price, and then any movement down away from that is to be viewed as
148 00:14:42 --> 00:14:46 Judah swing or a fake move. It's to get people thinking it's going to drop, keep
149 00:14:46 --> 00:14:51 going lower, and then all of this move here is the trend following portion of
150 00:14:51 --> 00:14:57 the move means it's all directional. It's all one sided, like this, okay? And
151 00:14:57 --> 00:15:02 then at the close, price will come off. The highest high and settle off the
152 00:15:02 --> 00:15:08 high. Okay, and I counseled you today on the Community tab of my YouTube channel.
153 00:15:08 --> 00:15:12 I said, Okay, it's after three o'clock. If you have not taken anything you want
154 00:15:12 --> 00:15:18 to pay the trader to take something off. Why? Because at three o'clock that
155 00:15:18 --> 00:15:25 starts the last hour of trading. The last hour trading is right there at that
156 00:15:25 --> 00:15:29 low just happens to be inside of a fair value gap. And then we have this
157 00:15:29 --> 00:15:35 protraction towards the close of the last hour. So at 330 we start this
158 00:15:35 --> 00:15:41 candle. It spools up into that little blue line, which is the close of the
159 00:15:41 --> 00:15:46 daily sell side of balance, buy side and efficiency, and this is that volume
160 00:15:46 --> 00:15:49 imbalance on the daily chart. Those are all levels that were talked about last
161 00:15:49 --> 00:15:53 Tuesday, but because they're higher time frame, we don't constantly have to refer
162 00:15:53 --> 00:15:58 to them every single day. You just have them on your radar, and that's where
163 00:15:58 --> 00:16:02 we've been anticipating price to reach for. So for the Yahoos out there saying
164 00:16:02 --> 00:16:05 that I'm calling the bias lower, I'm looking for shorts. I'm looking for
165 00:16:05 --> 00:16:10 longs, but I'm looking for things to teach my son how to engage and all of
166 00:16:10 --> 00:16:15 you that are watching, anticipating price action, seeking liquidity,
167 00:16:15 --> 00:16:19 opposing liquidity, that against that move that would be tearing us up into
168 00:16:20 --> 00:16:20 here
169 00:16:22 --> 00:16:27 anytime it drops lower, it's done what it knocks out long holders, scoops up
170 00:16:27 --> 00:16:33 their position, uses their stop loss that's below old lows to buy, and then
171 00:16:33 --> 00:16:38 it gets them in sync with this underlying run. So we're going to take a
172 00:16:38 --> 00:16:43 closer look. Just remember, this little diagram represents one daily range, and
173 00:16:43 --> 00:16:49 I wanted you to anticipate the daily range starting at 930 here, and where we
174 00:16:49 --> 00:16:57 close here at the end of the day. All right. Now, with that mind, let's dig
175 00:16:57 --> 00:17:07 into the chart on a five minute basis. All right. So here's 930 so disregard
176 00:17:07 --> 00:17:11 anything to the left. Okay, just don't look at any of that stuff or 10. It's
177 00:17:11 --> 00:17:15 not even there. You're focusing on just this candle right there, that opening
178 00:17:15 --> 00:17:22 tick that's right on that line. We drop. We go a little bit above the opening
179 00:17:22 --> 00:17:28 price, and then we drop once more, go a little higher, and we drop more. And we
180 00:17:28 --> 00:17:36 take out the low here, in that low, see how those relative equal lows there, we
181 00:17:36 --> 00:17:41 drop lower. And then we started the whole idea as I outlined. I don't want
182 00:17:41 --> 00:17:45 to talk about what I looked at during the live stream, because you you go back
183 00:17:45 --> 00:17:50 into that and watch it. We were one sided. We were anticipating the buy side
184 00:17:50 --> 00:17:54 liquidity resting above these highs right here. But while we were down in
185 00:17:54 --> 00:18:01 here, and while we were in anticipating the run up, I was outlining how being a
186 00:18:01 --> 00:18:06 buyer, and if you want to hold on to trades with a longer term target where
187 00:18:06 --> 00:18:10 it makes you a whole lot more handles, lot more pips, lot more points, if you
188 00:18:10 --> 00:18:18 will buying at that opening price or lower when you're bullish. Last Tuesday,
189 00:18:18 --> 00:18:21 I solidified and made sure you understood that this is where we're
190 00:18:21 --> 00:18:25 growing. We're going there, as long as we don't have a major Wipeout go lower,
191 00:18:25 --> 00:18:29 and that would be caused by something occurring over in the Middle East. And
192 00:18:29 --> 00:18:34 just go watch the stream. You'll hear me refer those things. But here, that point
193 00:18:34 --> 00:18:39 of entry, right there, is the institutional refiner, and we route up
194 00:18:39 --> 00:18:45 above what the new week opening got high for this week. So Sunday, 6pm opening
195 00:18:45 --> 00:18:51 compared to Friday settlement price. That is your new week opening gap. We
196 00:18:51 --> 00:18:58 trade down, then rally and start to build all of the same aspects of looking
197 00:18:58 --> 00:19:02 for higher prices that we walk through today and have been going through every
198 00:19:02 --> 00:19:08 single day since we started the series on the 2024 mentorship here. So by the
199 00:19:08 --> 00:19:16 way, flocks, gentleman reached out to me, sent me a instruction about this.
200 00:19:16 --> 00:19:22 Thank you so much. He made some changes to an existing watermark, so that that's
201 00:19:22 --> 00:19:31 what you're seeing here. So that's, that's the business there. So if you, if
202 00:19:31 --> 00:19:34 you want to have that on your track this, you know, there it is. But we're
203 00:19:34 --> 00:19:41 going to talk about how it reached up into this. Because I'm sure a lot of you
204 00:19:41 --> 00:19:46 were taken by surprise. I had a guy on YouTube. I guess he wants more followers
205 00:19:46 --> 00:19:51 or more attention, but he read, he made a video about me a couple days ago, and
206 00:19:51 --> 00:19:56 he is supposedly an order flow guy. He uses like the depth of market ladders
207 00:19:56 --> 00:20:02 and and whatnot. And. Went so far as to say that what I'm teaching, what I'm
208 00:20:02 --> 00:20:08 saying, is ICT is a scam, and here's why. Well, I was watching a little bit
209 00:20:08 --> 00:20:14 of his live stream that he was doing today, and I invited a few of my private
210 00:20:14 --> 00:20:18 students to take a gander at it, and some of them did not listen, and they
211 00:20:18 --> 00:20:22 were trying to stoke the fires, and that's not what I wanted to see happen.
212 00:20:22 --> 00:20:28 But while he was watching his price action and stuff, I was going long in
213 00:20:28 --> 00:20:31 the ES when he was saying he was not going to make a higher high and
214 00:20:32 --> 00:20:37 basically, I'm out the floor with it, and showed the students the contrast
215 00:20:37 --> 00:20:43 between what was expected because of looking at depth of market, the ladders,
216 00:20:43 --> 00:20:47 you know, where the orders are stacking above and below, and how that's supposed
217 00:20:47 --> 00:20:51 to be superior intellect and knowledge. And the whole time, there was nothing
218 00:20:51 --> 00:20:55 being mentioned about where the market was going to go. In fact, it was said
219 00:20:55 --> 00:20:59 that it wasn't going to go higher. And I said, Well, that's perfect, because I
220 00:20:59 --> 00:21:05 see a breaker on a 15 second chart, I see liquidity. I see a run higher, and I
221 00:21:05 --> 00:21:09 see it doing exactly what I outlined in my live stream today, and it
222 00:21:09 --> 00:21:14 accelerated, went through the roof and blew the top off of it. And I say that
223 00:21:14 --> 00:21:19 because there are some of you that are watching me just for the sake of saying
224 00:21:19 --> 00:21:25 this is wrong. This is wrong. There's no algorithm, but there really is, and the
225 00:21:25 --> 00:21:32 algorithm is the price engine that offers the price. The buyers and the
226 00:21:32 --> 00:21:35 sellers have to agree. At the price that's being offered. It's not the
227 00:21:35 --> 00:21:42 buyers and sellers that's offering it to you, the commodity, okay, the the thing
228 00:21:42 --> 00:21:48 that needs to be purchased or sold is price action, the price the next price
229 00:21:49 --> 00:21:57 that is always offered to us as traders. It's first piped into large, top tier
230 00:21:57 --> 00:22:02 institutional banks, in lending firms and things like that, and then we get
231 00:22:02 --> 00:22:07 the opportunity to pick up the scrapes and bottom of the barrel as retail
232 00:22:07 --> 00:22:18 traders, we're the last line in the expected recipient of this price. There
233 00:22:18 --> 00:22:22 are entities out there that have a better opportunity to take the price
234 00:22:22 --> 00:22:29 that's offered to us like we have the scraps, basically. And the the argument
235 00:22:29 --> 00:22:35 and the the excuse is this, um, the algorithms are fighting for a quarter of
236 00:22:35 --> 00:22:40 a second in terms of time execution. That's not a big deal. That's not a big
237 00:22:40 --> 00:22:47 deal. And the argument is discounted because you can't throw 1000s of
238 00:22:47 --> 00:22:51 contracts inside of a quarter of a second look at the time of sales. There
239 00:22:51 --> 00:22:56 isn't that many orders coming in in the same token. When you're watching a theft
240 00:22:56 --> 00:22:59 of market ladder and you're seeing all these orders, the market's going to keep
241 00:22:59 --> 00:23:04 booking higher or lower, if it's designed to do so. And I outlined today,
242 00:23:04 --> 00:23:09 just like you see it right here. I told you, once it starts going up and
243 00:23:09 --> 00:23:13 everything below the opening price at 930 was the premise, what we're looking
244 00:23:13 --> 00:23:18 for. And I outlined that right there, one on one minute chart. And if you
245 00:23:18 --> 00:23:23 didn't watch the live stream, stop this one here. Don't watch anymore, because
246 00:23:23 --> 00:23:27 it'll take away from you watching it happen live. The worst thing you can do
247 00:23:27 --> 00:23:32 is look at this one here and not have watched the live stream, because you'll
248 00:23:32 --> 00:23:35 miss the opportunity as it's forming, as it's really forming live, because you're
249 00:23:35 --> 00:23:40 watching the the real time data that I'm using while I'm doing that live stream
250 00:23:40 --> 00:23:44 with a three second latency. It literally was only taken three seconds
251 00:23:44 --> 00:23:49 before it was posting to my phone in my headphones, so I can't make it any
252 00:23:49 --> 00:23:52 faster than that, folks. And that's the settings that's offered to me, low,
253 00:23:55 --> 00:23:58 ultra low, low, and then normal latency. That's the three options, at least.
254 00:23:59 --> 00:24:02 That's what YouTube offers me when I'm doing live streams right now, I'm doing
255 00:24:02 --> 00:24:07 normal because it's not time sensitive. So when I say something, if you look at
256 00:24:07 --> 00:24:14 the seconds down here, okay, from the time I say something, and you receive
257 00:24:14 --> 00:24:18 it, if you're watching your your trading the time, that's the latency. And it
258 00:24:18 --> 00:24:21 should be a little bit longer right now, because it's not time sensitive, the
259 00:24:21 --> 00:24:25 markets are not trading. Are not trading. It's five o'clock, so there's
260 00:24:25 --> 00:24:28 no movement. I can talk with a low latency, and it's not a big deal. I
261 00:24:28 --> 00:24:33 cannot do closed captions when I'm doing the ultra low latency. So it's not for a
262 00:24:33 --> 00:24:36 sake of not wanting to do it. I just can't do it because they don't let me do
263 00:24:36 --> 00:24:40 it on YouTube. So don't think. Don't take my word for it. Try to do it
264 00:24:40 --> 00:24:43 yourself, and you'll see what I'm talking about. So I want to drop down
265 00:24:43 --> 00:24:46 the one minute chart again. If you didn't watch the live stream, don't
266 00:24:46 --> 00:24:49 watch anymore of this one. Stop it and come back to it after you've done that.
267 00:24:49 --> 00:24:52 Okay, so let's drop into a one minute chart.
268 00:24:57 --> 00:25:04 All right, so we were watching i. Price rip lower. Here's 930
269 00:25:09 --> 00:25:14 right here. Drop lower. We're looking for the new day opening gap. It trades
270 00:25:14 --> 00:25:17 through. It comes back up. We got an opening range gap in here. I'm not going
271 00:25:17 --> 00:25:20 to have that on the chart. I'm just going to go to the most salient points
272 00:25:20 --> 00:25:26 of running that low out there. And then I told you, I want to see it get above
273 00:25:26 --> 00:25:31 the new day opening gap here on the 16th. And now I see it trade down. It
274 00:25:31 --> 00:25:35 does so there. And then we had this move with this candle. I outlined the
275 00:25:35 --> 00:25:39 institutional order flow entry drill. And as it did it here, I said, Now, if
276 00:25:39 --> 00:25:45 you're looking for a way to hold on to trades. That part's easy once you've
277 00:25:45 --> 00:25:49 done these types of drills for months, not a couple days, not a couple weeks,
278 00:25:49 --> 00:25:53 but for months, because you're not going to fully appreciate where these setups
279 00:25:53 --> 00:26:07 are forming relative to the 930 opening there. I there. So at that price or
280 00:26:07 --> 00:26:12 lower, when you're bullish, when you're expecting higher prices in the daily
281 00:26:12 --> 00:26:17 chart, to keep pressing higher, look at Last Tuesday's live stream on the 13th
282 00:26:17 --> 00:26:21 of August 2024 it's the latter portions. Before I close the stream, I go through,
283 00:26:21 --> 00:26:26 and I said this so you guys, so you guys know what I'm expecting based on what we
284 00:26:26 --> 00:26:30 have right now in the charts, it's going to go higher, and these are the levels,
285 00:26:30 --> 00:26:34 and I'll walk you through. Okay, we hit several of them already, but we're just
286 00:26:34 --> 00:26:39 below that volume of balance on the daily chart. So I counted you in the
287 00:26:39 --> 00:26:44 live stream today to go back to that and listen to the higher Time Frame levels.
288 00:26:45 --> 00:26:48 Those should be on your chart. They should be in your notepad. Next year,
289 00:26:49 --> 00:26:52 your computers or computer or whatever it is that you're using to to watch
290 00:26:52 --> 00:26:57 price action and constantly refer back to. Are we seeing indications that those
291 00:26:57 --> 00:27:01 things are still being traded to? Are we marching towards those daily and weekly
292 00:27:01 --> 00:27:05 objectives? Is basically what we're getting at, because that is higher Time
293 00:27:05 --> 00:27:09 Frame, order flow, that's that's where ultimately, the daily chart's going to
294 00:27:09 --> 00:27:14 try to gravitate to. Now I mentioned today that there's the Jackson Hole
295 00:27:16 --> 00:27:23 symposium. If you do a search on your economic calendar, you'll see it okay.
296 00:27:23 --> 00:27:29 The I think day one is Wednesday, day two is Thursday, day three is Friday,
297 00:27:30 --> 00:27:35 because that's occurring and it's on the latter part of the week. You have
298 00:27:35 --> 00:27:41 Wednesday, Thursday and Friday. Treat it just like a Non Farm Payroll week, where
299 00:27:41 --> 00:27:48 you have to trade on Monday, staying with it, looking for the setups, and
300 00:27:48 --> 00:27:51 then, because we are expecting those higher Time Frame targets that I
301 00:27:51 --> 00:27:56 mentioned on last Tuesday, August 13, 2024 is live stream. At the end of the
302 00:27:56 --> 00:28:00 stream, I gave you every level that's pertinent on the higher Time Frame
303 00:28:00 --> 00:28:05 outside of the intraday charts. And those are like magnets draw
304 00:28:05 --> 00:28:11 institutional order flow in on those higher time frames, smaller time frames,
305 00:28:11 --> 00:28:16 as you've been watching me do, it's very, very similar to what we expect on
306 00:28:16 --> 00:28:20 that larger time frames just get a whole lot more opportunities. So as I outlined
307 00:28:20 --> 00:28:25 today. This is an institutional refine entry drill. It is the low risk buy.
308 00:28:26 --> 00:28:30 That means it should not come back below that, and it should just keep pressing
309 00:28:30 --> 00:28:36 higher. And we use the new week opening gap here as support. They swept through
310 00:28:36 --> 00:28:41 it, cleared up some inefficiency into the order block right there. There's two
311 00:28:41 --> 00:28:44 of them. So you're using that price right there at the open so that's a
312 00:28:44 --> 00:28:50 change in the state of delivery, boom mount or rallying. It comes back down to
313 00:28:50 --> 00:28:57 engage that order block and upset any perfect delivery to the new week opening
314 00:28:57 --> 00:29:00 gap. Because remember, they're like our children coloring inside a coloring
315 00:29:00 --> 00:29:04 book. It can color outside the lines. We encourage that. We want to see things
316 00:29:04 --> 00:29:07 like that, because it gives the opportunity to let the wicks do the
317 00:29:07 --> 00:29:14 damage. That's what you want to see. And then, because we were below the opening
318 00:29:14 --> 00:29:21 price at this institutional refund entry drill, I outlined time. Okay, I outlined
319 00:29:21 --> 00:29:27 time. If you get something like this position entry here, you do not strangle
320 00:29:27 --> 00:29:32 it by running your stop loss up. You don't try to keep moving it higher,
321 00:29:32 --> 00:29:37 moving it higher, moving it higher. But you do expect it around 1130 that's
322 00:29:37 --> 00:29:42 that's beginning the lunch macro. It will start to drop against the existing
323 00:29:42 --> 00:29:45 movement that took place in the morning session. Meaning, here you go. It
324 00:29:45 --> 00:29:53 rallies up and here is 1130 right there. So at that moment, looking backwards,
325 00:29:53 --> 00:29:58 was it everybody making money on a long or everyone making money on the short?
326 00:29:59 --> 00:30:04 Clearly. Everyone's making money on the long it's gone up. Longer it's been up,
327 00:30:04 --> 00:30:10 it's it's definitely above where we were outlining it live. So what's it going to
328 00:30:10 --> 00:30:17 do? It's going to seek the initial low that you're going to come to. Here's 11
329 00:30:17 --> 00:30:22 o'clock for the folks that don't know. My macro for lunch. I'm teaching again.
330 00:30:23 --> 00:30:29 So right, here's the price. So you want to go backwards and find the first low
331 00:30:30 --> 00:30:36 that it has to form after 10 o'clock. So let's do the math on this. Here's 10
332 00:30:36 --> 00:30:40 o'clock. So yeah, we have a low down here. That's not what I'm talking about.
333 00:30:41 --> 00:30:43 Oh, well, we have, we have a low over here. That's not what I'm talking about.
334 00:30:44 --> 00:30:52 Right here is 1130 and you want to go backwards and find the first low, and
335 00:30:52 --> 00:31:00 that's this one did this low form after 10 o'clock. Absolutely, it's 1117 so at
336 00:31:00 --> 00:31:06 1130 the macro will start doing what it will seek, liquidity that's trailed on
337 00:31:06 --> 00:31:12 that which is been profitable during the morning session. At 1130 go back to 930
338 00:31:13 --> 00:31:19 what has happened? The markets rallied. It's gone up. So the algorithm will seek
339 00:31:19 --> 00:31:24 what the stops right below that low? Well, wouldn't you know it as chance,
340 00:31:24 --> 00:31:30 would have it as coincidence, would have it all the planets aligned, the clouds
341 00:31:30 --> 00:31:37 parted, and here we go. It worked again. Not only is it taking out that low for
342 00:31:37 --> 00:31:42 anyone that's trailed their stop loss rate below here, it's engaging the new
343 00:31:42 --> 00:31:47 week, opening gap for this week, that's a reasonable expectation. It's going to
344 00:31:47 --> 00:31:56 gravitate and dry and draw in price to cause more interest. So the algorithm
345 00:31:56 --> 00:32:01 doesn't know how many contracts are being traded. It doesn't need to know.
346 00:32:01 --> 00:32:06 It just needs to know what time and where. That's what price is offering it.
347 00:32:07 --> 00:32:12 It does not need to track something as dynamic and what can be spoofed, because
348 00:32:12 --> 00:32:17 you can put orders in and then pull institutions through it all the time. In
349 00:32:17 --> 00:32:25 fact, large investment firms, Goldman, JP, Morgan, all these big guys, they've
350 00:32:25 --> 00:32:29 all got in trouble some some time or another, spoofing, putting big blocks of
351 00:32:29 --> 00:32:33 orders in because they know Yahoo's out here. Look at that stuff and think, oh,
352 00:32:33 --> 00:32:38 it's going to go there. That's not, that's not how it works, folks, that's
353 00:32:38 --> 00:32:43 like laying down bait for rats. And some of you act like rodents, and you you go
354 00:32:43 --> 00:32:47 after that cheese, and you think, because that number is flashing there,
355 00:32:47 --> 00:32:51 it's going to drive the market there. That's not what goes on. I explained to
356 00:32:51 --> 00:32:54 everything today, and I didn't need to talk about depth of market. I didn't
357 00:32:54 --> 00:32:58 have to talk I didn't have to show you a ladder. I didn't have to do anything. I
358 00:32:58 --> 00:33:04 spoke on the premise of time. So I told you that we're going to see it drop down
359 00:33:05 --> 00:33:12 for the lunch macro and upset sell side. And I explained not just today, right
360 00:33:12 --> 00:33:18 now, but in other instances where the lunch macro starts at 1130 and it can go
361 00:33:18 --> 00:33:23 as long as 130 it could keep going higher and not have any retracements,
362 00:33:24 --> 00:33:29 but if you start to see it sell off, all you have to do is find the first low at
363 00:33:29 --> 00:33:37 1130 start going backwards. Where is the low that you're going to come to first?
364 00:33:38 --> 00:33:45 But it has to be. It has to happen to have formed after 10 o'clock. Why?
365 00:33:46 --> 00:33:50 Because it factors in any run that was created for silver bullet, any
366 00:33:50 --> 00:33:55 protraction and price action that's going higher. It allows you to get the
367 00:33:55 --> 00:33:59 obvious where everybody wants to jam their stop loss to, and that's this one
368 00:33:59 --> 00:34:04 right here, and that's exactly where it went to. And it also agreed with new
369 00:34:04 --> 00:34:09 week opening gap. See that? And then it rallies. So we have all this
370 00:34:09 --> 00:34:11 consolidation. We had cell side taken, and
371 00:34:14 --> 00:34:22 then we entered the 130 time, right there. That closes the lunch macro.
372 00:34:22 --> 00:34:27 There's no more time aspect that's associated with going down to take the
373 00:34:27 --> 00:34:32 stops in this case. So now what is it free to do? It's free to start going in
374 00:34:32 --> 00:34:38 the direction from the early session lows and outlining that daily candle
375 00:34:38 --> 00:34:43 where the open is near the low and the close is near the high. I told you that
376 00:34:43 --> 00:34:48 you would hold on to the trade if you do this. Okay? I specifically called out
377 00:34:48 --> 00:34:53 Patrick Whelan because he does a lot of these and Pat, please don't I'm not
378 00:34:53 --> 00:34:56 trying to be an ignorant person to you right now. And if you like Patrick
379 00:34:56 --> 00:34:59 Wheeler and you watch his live streams, I'm not trying to take his followers.
380 00:34:59 --> 00:35:03 I'm not. Trying to get you to watch my stuff. I want you to think about what I
381 00:35:03 --> 00:35:11 said today. Okay, and I tossed you a bone if you start doing this and you
382 00:35:11 --> 00:35:17 just let one contract go, just let one go with the things I taught today,
383 00:35:17 --> 00:35:22 you're going to have bigger runs. You're going to have huge runs. And Tanja, who
384 00:35:22 --> 00:35:27 is one of my students, who does as now shown several times of making over 100
385 00:35:27 --> 00:35:33 handles, I think she's the only one doing that like right now. So this
386 00:35:33 --> 00:35:38 lesson helps her as well. It helps all of you. I want to see all of you do well
387 00:35:38 --> 00:35:42 if you have the interest in live streaming, like I would really get my
388 00:35:42 --> 00:35:46 rocks off if I saw people taking these types of trades now, and I gave it to
389 00:35:46 --> 00:35:50 you today. I laid it on a silver platter. I said, Hold on to minimum,
390 00:35:52 --> 00:36:00 315, why? Because that starts the last hours macro. There's four of four macros
391 00:36:00 --> 00:36:05 in that last hour, but I told you, it starts at 315 and that one runs to 345
392 00:36:06 --> 00:36:12 then you have one at 345 that goes to four o'clock. That's the one that we're
393 00:36:12 --> 00:36:18 going to go into and talk about now. So the market rallies up during the two
394 00:36:18 --> 00:36:22 o'clock hour, continues higher, and we have a little bit of retracement here
395 00:36:22 --> 00:36:27 going into three o'clock. And I said on my community post, I said it's after
396 00:36:27 --> 00:36:32 three, it's basically time to pay the trader if you have held on. And I had
397 00:36:32 --> 00:36:36 people that listened today, they've been very upfront and showed me that I made
398 00:36:36 --> 00:36:41 it a killing today. Thank you so much. I don't want you taking trades based on
399 00:36:41 --> 00:36:45 what I'm saying. Okay, but just know that I was in rare form today. I guess
400 00:36:45 --> 00:36:49 that inspired a lot of you to do a lot of you to do it. And the reaction is,
401 00:36:50 --> 00:36:55 WTF? This is the biggest trade I've ever made. I can't believe this. This was,
402 00:36:55 --> 00:36:58 like, nuts. Yeah, that's what happens when you're when you're trading the
403 00:36:58 --> 00:37:02 daily range. That's what my son, Caleb, is going to grow into he doesn't have
404 00:37:02 --> 00:37:07 the patience and doesn't know what he's doing yet. But for the folks that know
405 00:37:07 --> 00:37:10 what I'm referring to, and have done this for a long time studying with me,
406 00:37:10 --> 00:37:18 you took you took the hint, hint, nudge, nudge stuff today to the extreme, and
407 00:37:18 --> 00:37:27 held on to it, and you were able to capture a lot of this run today when we
408 00:37:27 --> 00:37:32 looked at that little crude diagram that I drew out this morning, referencing the
409 00:37:32 --> 00:37:38 daily chart. The daily chart is basically what you see here, where it
410 00:37:38 --> 00:37:42 went up to the high and then at the close, what's it going to do? It's going
411 00:37:42 --> 00:37:50 to settle off the high. So here's the close, here's the high, and all the way
412 00:37:50 --> 00:37:51 down here
413 00:38:02 --> 00:38:06 is the low today. And that was me telling you that's the low risk. Buy and
414 00:38:06 --> 00:38:11 then submit to what if you want to get take longer trades. You have to set your
415 00:38:11 --> 00:38:16 mindset on the time time, if you understand power three, as I teach it,
416 00:38:18 --> 00:38:21 the highs. And here we are. Take trading as the market opens up to six o'clock,
417 00:38:21 --> 00:38:24 trades right up into that volume of that volume of balance on the daily chart. So
418 00:38:24 --> 00:38:27 we've already hit the low. If it never goes any higher than that, it's
419 00:38:27 --> 00:38:32 delivered based on what I told you last Tuesday, using weekly and daily charts.
420 00:38:32 --> 00:38:38 That's bias. That's bias. But intraday, for my son to learn how to do this and
421 00:38:38 --> 00:38:42 how to get that same understanding that I'm sharing with you, you got to go
422 00:38:42 --> 00:38:47 through what I'm teaching here if you're going to hold for bigger runs, the first
423 00:38:47 --> 00:38:51 and foremost thing is you have to submit to the time that's required for the
424 00:38:51 --> 00:38:58 daily chart or daily candlestick to form and close. So if you understand that
425 00:38:58 --> 00:39:02 we're bullish, as we are indicating today down here, I gave you the
426 00:39:02 --> 00:39:07 schematic of what it looks like on the daily chart, what to expect. So for you
427 00:39:07 --> 00:39:11 to hold to the close, you have to hold into that last hour of trading, right?
428 00:39:12 --> 00:39:17 And then you also give yourself time when 345 comes,
429 00:39:22 --> 00:39:29 right there's 345, so what happens is the algorithm will refer back to what
430 00:39:31 --> 00:39:38 levels on a daily chart, levels on a weekly chart, and any time frame cycling
431 00:39:38 --> 00:39:43 through less than daily all the way down to the seconds, and it'll cycle right
432 00:39:43 --> 00:39:47 back up. And all inefficiencies will be incorporated, all liquidity will be
433 00:39:47 --> 00:39:52 incorporated. And that's how the the algorithm gyrates and moves up and down.
434 00:39:52 --> 00:39:55 It's not buying and selling pressure. And I don't give a fuck what Tom dick.
435 00:39:55 --> 00:39:58 And Harry says, Tom dick. And Harry got it wrong in front of me today and got in
436 00:39:58 --> 00:40:01 front wrong in front of my students. And I was doing the opposite of them, as
437 00:40:01 --> 00:40:04 they said it, whatever they said wasn't going to happen. I went right in there
438 00:40:04 --> 00:40:09 using what I teach, what I use, and it just like that. I was long in the
439 00:40:09 --> 00:40:14 afternoon in ES, everybody else that supposedly uses his volume and balance
440 00:40:14 --> 00:40:19 bullshit and depth of market stuff. They had no expectation what was going on.
441 00:40:19 --> 00:40:25 Had no idea. And all of this run here that is algorithmic. It starts at 345,
442 00:40:25 --> 00:40:31 what is it going to spool to remember? Think about you're that fishing, fishing
443 00:40:31 --> 00:40:37 pole holder. You're a fisherman, okay? And you're going to cast your lure to
444 00:40:37 --> 00:40:42 what direction this level, which is the high of the sell side of balance, buy
445 00:40:42 --> 00:40:48 sign efficiency on the daily chart that I gave you last Tuesday, and the volume
446 00:40:48 --> 00:40:53 imbalance. So you're casting your your hook in that area. Why? Because there's
447 00:40:53 --> 00:40:58 liquidity up there and the market traded right into it here. That's what that
448 00:40:58 --> 00:41:03 pink area is. That was one of the daily chart. It went and hit it just like
449 00:41:03 --> 00:41:09 that. So I gave you on Tuesday where the market's going to dry great and
450 00:41:09 --> 00:41:12 gravitate to on a higher Time Frame perspective. But that's not to say that
451 00:41:12 --> 00:41:18 you can't take shorts intraday. You could. But I promise you you did not see
452 00:41:18 --> 00:41:22 anybody else call out with detail as to why over 200 and some handles will be
453 00:41:22 --> 00:41:30 delivered. You didn't see that? Damn. You saw it here. And the logic that I
454 00:41:30 --> 00:41:35 use is what's in this mentorship and every other lecture on this YouTube
455 00:41:35 --> 00:41:43 channel for free. So I don't know what else to say, except for if you keep at
456 00:41:43 --> 00:41:50 it, you keep showing up, you'll get what you're seeking. You'll get it. But you
457 00:41:50 --> 00:41:55 gotta give yourself time, like I tell my son, you can't force it. And over time,
458 00:41:55 --> 00:41:59 you'll get it. You'll find things that are going to be a little bit confusing.
459 00:42:00 --> 00:42:03 Initially, the more time I spend over the charts, it'll make more sense to
460 00:42:03 --> 00:42:11 you. But this run here is absolutely algorithmic. Why is that happening? When
461 00:42:11 --> 00:42:18 are certain algorithm more prone to create big runs? Well, the last hour
462 00:42:18 --> 00:42:24 macro, obviously, it starts at 315 and that one runs to 345 so in and of
463 00:42:24 --> 00:42:28 itself, you have that 30 minute window, and I'm looking for something that's
464 00:42:28 --> 00:42:34 going to cause the the move off the high. So like, here's the highest high
465 00:42:34 --> 00:42:41 of the day. And then you get this. That's the part that is the 315 to 345,
466 00:42:43 --> 00:42:51 315, to 345, macro gets disregarded, and they use 345 going into the market on
467 00:42:51 --> 00:42:56 Close. Market on close is that last 15 minute window. It's not 10 minutes, it's
468 00:42:56 --> 00:43:03 15 minutes, it's 345 Eastern Standard Time to four o'clock, if it's earning
469 00:43:03 --> 00:43:10 season, there will be an algorithm that fires at 401 and then you get this crazy
470 00:43:10 --> 00:43:15 run going into 415 and then when the regular session closes, electronic
471 00:43:15 --> 00:43:21 trading goes bonkers. And then you see some some wild stuff. Okay? And I made,
472 00:43:21 --> 00:43:26 I think, a little less than $20,000 with a live account with AMP, using that
473 00:43:26 --> 00:43:30 information I just gave you and shared it and showed it and proved it. So there
474 00:43:30 --> 00:43:40 you go. This occurred because of what I mentioned today, the Jackson Hole
475 00:43:40 --> 00:43:46 symposium, like I said, it can create volatility. And folks that know that
476 00:43:47 --> 00:43:51 we're getting the opportunity to see a lot of volatility, they want to hurry up
477 00:43:51 --> 00:43:57 and get the run over with basically. So the folks that, the kind folks that run
478 00:43:57 --> 00:44:05 the market then, are the fine makers of algorithmic trading, they were happy and
479 00:44:05 --> 00:44:09 nice enough to deliver what we were looking for on Last Tuesday's objective.
480 00:44:09 --> 00:44:15 Long term, it has, it's delivered any more run up into this area here that's
481 00:44:15 --> 00:44:19 shaded in pink. It's just a bonus. I don't need to have any more delivery and
482 00:44:19 --> 00:44:25 price to be right about it, okay? And since that volatility that's going to
483 00:44:25 --> 00:44:29 come by way of Jackson Hole symposium, it's a it's a group, it's a meeting.
484 00:44:29 --> 00:44:32 It's like a big builder beer meeting, where they just, they come around, it's
485 00:44:32 --> 00:44:36 a big circle jerk, and they, they think, they run everything, and they certainly
486 00:44:36 --> 00:44:41 try to do it so because it can create volatility in the marketplace that may
487 00:44:41 --> 00:44:46 be unfavorable everyone that knows what's going on, as I'm outlining it to
488 00:44:46 --> 00:44:51 you today and teaching them this lecture series and all the lecture series prior
489 00:44:51 --> 00:44:58 to it on this YouTube channel, having that big run up is reasonable. You think
490 00:44:58 --> 00:45:01 it's a fluke that I mentioned the power of. Three and told you to hold on to at
491 00:45:01 --> 00:45:08 least until 315 today. Go back and listen to it. It's there. So you're not
492 00:45:08 --> 00:45:12 going to worry about the little fluctuations in here and completely try
493 00:45:12 --> 00:45:16 to get out, because that's the end of the day. No, they're going to drag this
494 00:45:16 --> 00:45:21 thing across the entire spectrum of time, which is taking you into what the
495 00:45:21 --> 00:45:28 last few moments of trading the regular session? That's 345 and they ran us up
496 00:45:28 --> 00:45:34 into right there. They closed in that city on the daily chart. Let me take you
497 00:45:34 --> 00:45:36 up to the daily chart, and then we'll be done.
498 00:45:42 --> 00:45:47 I'm all right, this candle is low. That's what that blue line is attached
499 00:45:47 --> 00:45:51 to. This is the city, self centered, balanced, buy sign efficiency, and that
500 00:45:51 --> 00:45:55 would be the low. So as I mentioned last Tuesday, it's we have the mean threshold
501 00:45:55 --> 00:45:59 of this candle here, then the rejection block, then we have the buy side
502 00:45:59 --> 00:46:04 liquidity here, and then we have that candles low, and we have the volume
503 00:46:04 --> 00:46:07 imbalance between these two candles bodies. And then, naturally, if it wants
504 00:46:07 --> 00:46:10 to go through that, you have the buy side here and the inefficiency there.
505 00:46:10 --> 00:46:13 Ultimately, that's, you know, unless something breaks out in the Middle East,
506 00:46:14 --> 00:46:17 I think we're going to be revisiting here. And after we go there, I don't
507 00:46:17 --> 00:46:21 know if you make a higher high. I don't know if you start ranging for a little
508 00:46:21 --> 00:46:25 while. I don't know if you drop. I don't know. Okay, so those are the levels I
509 00:46:25 --> 00:46:28 gave you last Tuesday. They still hold true. This is still what I'm looking
510 00:46:28 --> 00:46:36 for. But as a objective for this week, I'm content. So at this point, I would
511 00:46:36 --> 00:46:41 favor continuation in what's being here, which what's been shown here, but I'm
512 00:46:41 --> 00:46:44 not forcing anything. So in other words, if I take a trade, I'm not going to go
513 00:46:44 --> 00:46:48 heavy handed. I'm not going to be doing 1015, 20 contracts. I'll do 134,
514 00:46:49 --> 00:46:53 something like that. That's my that's my high end now, because it's already done
515 00:46:53 --> 00:46:57 the majority of the move that I was expecting on daily chart. I mean, think
516 00:46:57 --> 00:47:00 about it. Let's take the take the lipstick off for a second, and then I'm
517 00:47:00 --> 00:47:10 done. If this is what we've been seeing, we haven't had a down close over two
518 00:47:10 --> 00:47:18 weeks. That's unsustainable. That's unsustainable. Okay, so to me, what I
519 00:47:18 --> 00:47:22 think is they're taking out anyone that's short here, and they, they're
520 00:47:22 --> 00:47:25 taking us up into this inefficiency because it's, it's a strong
521 00:47:25 --> 00:47:30 inefficiency. It's, it's no real volume in there. And maybe we'll get up into
522 00:47:30 --> 00:47:35 here and and probably folks that see that here, they'll think, well, we're
523 00:47:35 --> 00:47:38 going to go for the higher high, and that would be the good area to pull the
524 00:47:38 --> 00:47:45 rug out from underneath everything and send this thing right below here, if, if
525 00:47:47 --> 00:47:54 Iran, Israel, and the coalition of other Arab nations come together against
526 00:47:54 --> 00:47:59 Israel, and then us gets what it's been wanting For a long, long time, an excuse
527 00:47:59 --> 00:48:09 to do a theater against Persia. Okay, so that's what I'm expecting. That's what
528 00:48:09 --> 00:48:14 I'm anticipating that that whole run up is because we didn't see it pop off yet.
529 00:48:14 --> 00:48:20 And I think we take out that low if it really kicks off in the Middle East.
530 00:48:21 --> 00:48:26 Otherwise, everything I said here is what I'm expecting. Using that
531 00:48:26 --> 00:48:30 information, if I'm taking longs intraday, as long as these targets are
532 00:48:30 --> 00:48:35 still in play, that means I'll do the heaviest handed positions, the most
533 00:48:35 --> 00:48:38 contracts that I'm trading, not over leveraging, not trying to be more than
534 00:48:38 --> 00:48:41 I'm supposed to be, but the larger positions we're going to be on the long
535 00:48:41 --> 00:48:46 side, because I'm trading inside of daily bull shorter flow. But if I'm
536 00:48:46 --> 00:48:50 shorting, I'm going to do it with small position sizes, because I'm going
537 00:48:50 --> 00:48:56 against this. If we start things on a very extreme level over the Middle East,
538 00:48:57 --> 00:49:01 it's going to be easy for the market to have big, large range candles down on
539 00:49:01 --> 00:49:06 the daily chart, and it might start off with one big one like that, and then
540 00:49:06 --> 00:49:09 wait a day or two, and then start looking for lower prices. Should that
541 00:49:09 --> 00:49:13 happen, it's not going to be able to rally. If something really breaks off
542 00:49:13 --> 00:49:19 over there, if we start exchanging with Israel into Iran, these markets are
543 00:49:19 --> 00:49:23 going to have a real hard time having green candles, and it's going to be a
544 00:49:23 --> 00:49:29 lot of this type of stuff here. Okay, so I gave you sentiment. I gave you what I
545 00:49:29 --> 00:49:34 gave you last week, what's, what's my bias? It was long term. It's delivered
546 00:49:35 --> 00:49:41 again. So you should feel comfortable. Okay, you should feel comfortable that
547 00:49:41 --> 00:49:44 you're learning what's working. You can you can see that I know what's likely to
548 00:49:44 --> 00:49:51 occur, and you're in good hands. I got this information from Good Hands above,
549 00:49:51 --> 00:49:57 and I'm sharing it with you. I want my son to learn it, so if my interests are
550 00:49:57 --> 00:50:00 for him to learn it, I'm not going to give you watered down. Not so good
551 00:50:00 --> 00:50:05 information. It's the same stuff that I'm laying in his hands. So you see it
552 00:50:05 --> 00:50:10 working. It's precise. It's highly efficient. It's highly precise. Not just
553 00:50:10 --> 00:50:17 close, it's highly precise. And it's, it's in my interest to see you do well
554 00:50:17 --> 00:50:19 with it, if you're going to take the time to invest in it, then you know,
555 00:50:19 --> 00:50:26 obviously it goes without saying that you should be encouraged and trust that
556 00:50:26 --> 00:50:30 you're doing what's necessary. There's no other shortcut to it. There's
557 00:50:30 --> 00:50:35 literally no shortcut. I would not be out here making this stuff for Caleb to
558 00:50:35 --> 00:50:39 go through if it was an easy 123, step by step list that you know just makes it
559 00:50:39 --> 00:50:43 so much easier. You ain't going to get to get to the level I'm showing you one
560 00:50:43 --> 00:50:48 of easy 123, it ain't going to happen. But if you want these types of results
561 00:50:48 --> 00:50:52 in terms of knowing where it's going to go, how it's going to behave, why it's
562 00:50:52 --> 00:50:58 going to behave in certain weekly profiles, weekly conditions, daily
563 00:50:58 --> 00:51:01 profiles, how do you know when it's going to be a big update? Classic by
564 00:51:01 --> 00:51:06 day. Well, I outlined it today. I give you those terms. I told you what to look
565 00:51:06 --> 00:51:11 for. Improved it right in front of all you, with literally two handles of
566 00:51:11 --> 00:51:17 drawdown. So I mean, given the volatility we're experiencing, I think
567 00:51:17 --> 00:51:21 that's pretty remarkable, if I do say so myself, good job. Isaac, Thanks,
568 00:51:21 --> 00:51:24 brother. So anyway, I will be back with you all, Lord willing, tomorrow again,
569 00:51:24 --> 00:51:27 all the sessions the rest this week are just going to be 60 minutes. So we're
570 00:51:27 --> 00:51:31 going to be aiming for 930 to 1030 cutting the stream after one hour,
571 00:51:31 --> 00:51:34 because I got to give my son a chance to catch up. He's getting a little
572 00:51:34 --> 00:51:40 frustrated that he's not where we're at. And I told him, don't worry about that.
573 00:51:40 --> 00:51:42 But you know how kids are, so.