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Last modified by Drunk Monkey on 2024-08-31 08:17
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2 |1 |00:01:21 ~-~-> 00:01:26 |ICT: I Know, right, two live streams in the same day, what is going on well, as
3 |2 |00:01:26 ~-~-> 00:01:30 |you know, I mentioned today that the rest of this week when I live stream,
4 |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
5 |4 |00:01:35 ~-~-> 00:01:39 |like review briefly. It shouldn't be too long. I promise a couple minutes the
6 |5 |00:01:40 ~-~-> 00:01:44 |action for today and go over some salient points. So that way, I have to
7 |6 |00:01:44 ~-~-> 00:01:47 |do it tomorrow morning, when we first start the live stream, so we can just go
8 |7 |00:01:47 ~-~-> 00:01:55 |right into it and pick up from whatever the market's doing at that time. So we
9 |8 |00:01:55 ~-~-> 00:01:56 |have the I
10 |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
11 |10 |00:02:14 ~-~-> 00:02:21 |sorry, of August, last week, at the end of the stream on the last, I guess,
12 |11 |00:02:21 ~-~-> 00:02:27 |quarter in terms of the length of the stream I went through the process of
13 |12 |00:02:27 ~-~-> 00:02:33 |going through the higher time frame. I think, I think I touched on the weekly
14 |13 |00:02:33 ~-~-> 00:02:37 |chart. But if not, I know, I covered the daily and I went through several levels.
15 |14 |00:02:37 ~-~-> 00:02:44 |I said that, you know, while we were on the 13th right here. I said longer term,
16 |15 |00:02:45 ~-~-> 00:02:48 |we're reaching higher. So I'm not trying to pick the top in that. I mentioned
17 |16 |00:02:48 ~-~-> 00:02:54 |that we would be reaching for mean threshold of this up close candle.
18 |17 |00:02:54 ~-~-> 00:02:59 |Extend that through we hit that. I said that liquidity pressing about here, and
19 |18 |00:02:59 ~-~-> 00:03:05 |that took your attention right in here we have this Sibi here, which we had a
20 |19 |00:03:05 ~-~-> 00:03:11 |complete closure of that today, right at the close. So this candle is low, right
21 |20 |00:03:11 ~-~-> 00:03:17 |here, this one, if you look up at this value upper left hand corner, that low
22 |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
23 |22 |00:03:31 ~-~-> 00:03:40 |Okay, and this little shaded area in pink, that's where I think that we'll
24 |23 |00:03:40 ~-~-> 00:03:45 |try to still reach up into it'll be interesting. Once we get into this a
25 |24 |00:03:45 ~-~-> 00:03:49 |little bit, it can go there and touch it, and probably have a nice little
26 |25 |00:03:49 ~-~-> 00:03:55 |retracement. I'd like to see it completely overlap. The difference
27 |26 |00:03:55 ~-~-> 00:04:01 |between this candles close and this candles open so where there's no body,
28 |27 |00:04:01 ~-~-> 00:04:04 |it's just a wick. Let's see.
29 |28 |00:04:17 ~-~-> 00:04:22 |Okay, see the difference between this candlesticks body and this candlesticks
30 |29 |00:04:22 ~-~-> 00:04:25 |body, it's only got one wicked area. That's a volume imbalance. You'll see
31 |30 |00:04:25 ~-~-> 00:04:30 |and hear me talk about that at the end of the live stream last Tuesday. So in
32 |31 |00:04:30 ~-~-> 00:04:35 |terms of bias, okay, we have been anticipating, we have not been looking
33 |32 |00:04:35 ~-~-> 00:04:38 |for lower prices. We have not been calling lower prices, but I've been
34 |33 |00:04:38 ~-~-> 00:04:44 |looking for intraday opportunities to push by example to my son Caleb, what
35 |34 |00:04:45 ~-~-> 00:04:49 |could frame a exercise like a like a practice session on how to read,
36 |35 |00:04:50 ~-~-> 00:04:56 |interpret, get a feel for how far I can run, develop an eye and a knack with
37 |36 |00:04:56 ~-~-> 00:05:01 |experience on fair value gaps and drawing to a. Relative equal highs,
38 |37 |00:05:01 ~-~-> 00:05:05 |relative equal lows. And also getting a feel for the session bias, which is
39 |38 |00:05:05 ~-~-> 00:05:10 |going to define both the buy side and the sell side, which is always what I've
40 |39 |00:05:10 ~-~-> 00:05:16 |been teaching, and whatever one of those liquidity are taken first, usually the
41 |40 |00:05:16 ~-~-> 00:05:24 |opposite it goes for that. Okay, so we have another example that today I went
42 |41 |00:05:24 ~-~-> 00:05:30 |through the business of showing the Give me a second. I gotta go through the
43 |42 |00:05:30 ~-~-> 00:05:34 |series of all these. I want to put my drawings back on. How to delete it that
44 |43 |00:05:34 ~-~-> 00:05:34 |way, when
45 |44 |00:05:39 ~-~-> 00:05:45 |we drop back down in all these levels will be pertinent. You'll be able to see
46 |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
47 |46 |00:05:53 ~-~-> 00:06:00 |today's action right in here. That's where the institutional overflow entry
48 |47 |00:06:00 ~-~-> 00:06:06 |drill was called real time. And then, if you recall, watch the live stream. It
49 |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
50 |49 |00:06:14 ~-~-> 00:06:18 |they're, if they're like that all the time. And then some of you like, just
51 |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
52 |51 |00:06:25 ~-~-> 00:06:27 |if they're all that long.
53 |52 |00:06:32 ~-~-> 00:06:43 |So I talked about some of the things that lead to hold on to a trade longer,
54 |53 |00:06:44 ~-~-> 00:06:50 |and what promotes the ideas of sticking with the trade? What are problematic
55 |54 |00:06:52 ~-~-> 00:06:57 |conditions that end up materializing in trades while you're watching price, or
56 |55 |00:06:57 ~-~-> 00:07:04 |whether in a trade, if you're demoing it, paper, trading it, tape, reading it.
57 |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
58 |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
59 |58 |00:07:21 ~-~-> 00:07:25 |cutting off today, obviously, and I enjoyed that I had a few people send me
60 |59 |00:07:25 ~-~-> 00:07:31 |some some comments saying, I don't mind the bad language, but could you not say
61 |60 |00:07:31 ~-~-> 00:07:39 |this particular word? I'm not really trying to filter myself, because if I
62 |61 |00:07:39 ~-~-> 00:07:45 |did, I would never get through the presentations. And I'm not proud of that
63 |62 |00:07:45 ~-~-> 00:07:52 |stuff. I say, I just they have to be organic. And it's it's not something
64 |63 |00:07:52 ~-~-> 00:07:56 |that is a big deal. You shouldn't have your children listening to me while I'm
65 |64 |00:07:56 ~-~-> 00:08:03 |doing it. So we're all adults here. I know one of the ladies in the listening
66 |65 |00:08:03 ~-~-> 00:08:08 |audience told me she doesn't like the B word. I said some nasty things today,
67 |66 |00:08:08 ~-~-> 00:08:13 |and that's the that's the word she didn't like. So I apologize, man. I
68 |67 |00:08:13 ~-~-> 00:08:18 |don't mean to be offensive with the language, but sometimes I lose control
69 |68 |00:08:18 ~-~-> 00:08:21 |of my tongue and I go off the rails a little bit. That's part of the
70 |69 |00:08:22 ~-~-> 00:08:27 |incredible, like atmosphere around here. Not proud of it, but that's it's
71 |70 |00:08:27 ~-~-> 00:08:33 |unforeseen. What happens the the live stream today, I gave you a drawing, and
72 |71 |00:08:33 ~-~-> 00:08:36 |I probably should have drew this out before I started the stream. But you
73 |72 |00:08:36 ~-~-> 00:08:41 |know what? I like going on here without a safety net. So I mentioned how, if we
74 |73 |00:08:41 ~-~-> 00:08:47 |understand the elements that are being taught, and if we're looking for just
75 |74 |00:08:47 ~-~-> 00:08:52 |setups intraday in the beginning, it's easy to lose sight of, well, you know,
76 |75 |00:08:53 ~-~-> 00:08:58 |you're never really going to make big money or really grow The account, or
77 |76 |00:08:58 ~-~-> 00:09:05 |have these extrapolated risk to reward model returns, if you're always this
78 |77 |00:09:05 ~-~-> 00:09:10 |trading, any small little intraday moves in my response to that question that has
79 |78 |00:09:10 ~-~-> 00:09:15 |been coming my way since I actually started the 2024 mentorship here on
80 |79 |00:09:15 ~-~-> 00:09:21 |YouTube, I have students and traders and you know, those that are just casually
81 |80 |00:09:21 ~-~-> 00:09:24 |watching every now and then, just get a feel for what is it that we're doing
82 |81 |00:09:24 ~-~-> 00:09:28 |here. And they questioned you, how do you use this information outside of an
83 |82 |00:09:28 ~-~-> 00:09:33 |intraday chart, like, I want to trade bigger moves. And also, I segued into
84 |83 |00:09:33 ~-~-> 00:09:36 |helping others that were asking questions such as, how do you hold on to
85 |84 |00:09:36 ~-~-> 00:09:43 |the trade? How do you hold on to trades that keep moving and and not get stopped
86 |85 |00:09:43 ~-~-> 00:09:48 |out, not get nervous or whatever. And it starts by the same process of what we've
87 |86 |00:09:48 ~-~-> 00:09:53 |been doing here. It all starts there. So if you've never really had a way of
88 |87 |00:09:53 ~-~-> 00:09:56 |going in through the content and be having a beginning point. This is the
89 |88 |00:09:56 ~-~-> 00:10:00 |beginning point. This is like, because this is the best. A getting point that I
90 |89 |00:10:00 ~-~-> 00:10:04 |can create for my son. So if it's good enough for him, you know, it's
91 |90 |00:10:04 ~-~-> 00:10:07 |definitely going to be good enough for you, and you're not, in my flesh and
92 |91 |00:10:07 ~-~-> 00:10:11 |blood, he is. So if I'm pushing him through this perspective, this approach,
93 |92 |00:10:11 ~-~-> 00:10:16 |this, you know, pathway to understanding, then that's your best
94 |93 |00:10:16 ~-~-> 00:10:22 |answer for those that are asking where to start. So I covered how, if we
95 |94 |00:10:22 ~-~-> 00:10:28 |understand what the market's trying to do initially, we want to frame buy side
96 |95 |00:10:28 ~-~-> 00:10:34 |and sell side, and then if we have what I have held on to this entire
97 |96 |00:10:34 ~-~-> 00:10:40 |mentorship, listen to the commentary on a higher Time Frame we've been
98 |97 |00:10:40 ~-~-> 00:10:44 |anticipating and looking for higher prices. That's exactly how I did my
99 |98 |00:10:44 ~-~-> 00:10:48 |mentorship when they were paying me, and I would give them analysis. I would
100 |99 |00:10:48 ~-~-> 00:10:51 |point to higher Time Frame levels where the market's going to reach for and then
101 |100 |00:10:51 ~-~-> 00:10:55 |all they have to do with students is look at the lower time frames and
102 |101 |00:10:55 ~-~-> 00:11:02 |anticipate when it has completed its run on opposing liquidity, and then get in
103 |102 |00:11:02 ~-~-> 00:11:05 |sync with order flow. That would get them in sync with the higher time frame
104 |103 |00:11:05 ~-~-> 00:11:10 |analysis I would share on the weekly and the daily. Those elements, I was in the
105 |104 |00:11:10 ~-~-> 00:11:16 |high 90% bracket in terms of accuracy, and no student came forward and said
106 |105 |00:11:16 ~-~-> 00:11:22 |otherwise. It proved that I wasn't. You are going to be finding trades that are
107 |106 |00:11:22 ~-~-> 00:11:29 |in that mindset, that framework, that bias, okay, but I don't want Caleb to
108 |107 |00:11:29 ~-~-> 00:11:33 |think that that's the only trading opportunities, because if I lock him
109 |108 |00:11:33 ~-~-> 00:11:39 |into just that, it it won't give him the opportunity To understand how even
110 |109 |00:11:39 ~-~-> 00:11:45 |retracement intraday can be traded against that long term higher Time Frame
111 |110 |00:11:45 ~-~-> 00:11:50 |bias, and it also teaches him, by default, by able but being able to see
112 |111 |00:11:50 ~-~-> 00:11:55 |these retracements intraday that would be opposed to those long winded runs
113 |112 |00:11:55 ~-~-> 00:12:00 |higher or lower on the weekly and daily chart. It gives him, or it will give you
114 |113 |00:12:00 ~-~-> 00:12:04 |also the comfort of knowing that it's just a retracement. It's not it's not
115 |114 |00:12:04 ~-~-> 00:12:10 |changing anything. It hasn't upset the underlying, you know, premise of the
116 |115 |00:12:10 ~-~-> 00:12:16 |market moving on a higher Time Frame, significantly higher. So I drew out this
117 |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
118 |117 |00:12:21 ~-~-> 00:12:27 |longer term moves. And I see a lot of live streamers out there, you know, I
119 |118 |00:12:27 ~-~-> 00:12:31 |don't hate any live streamer. I can get any comments or whatever, but a lot of
120 |119 |00:12:31 ~-~-> 00:12:36 |my students understand that I have a, you know, a fun relationship with one or
121 |120 |00:12:36 ~-~-> 00:12:41 |two youtubers on the internet, and they take shots at me, and it's fine. It's
122 |121 |00:12:41 ~-~-> 00:12:45 |this shop talk. I don't, I don't take anything personal against them, none of
123 |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,
124 |123 |00:12:49 ~-~-> 00:12:53 |and I hope, I hope, when they receive it, it's understood that I'm just having
125 |124 |00:12:53 ~-~-> 00:12:57 |fun. I don't mean it mean spirited. Sometimes they're a tribe. They're 13,
126 |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
127 |126 |00:13:00 ~-~-> 00:13:04 |it's not I'm actually trying to encourage them to get better. And I
128 |127 |00:13:04 ~-~-> 00:13:08 |actually mentioned it by name in my live streams or my videos to kind of like
129 |128 |00:13:08 ~-~-> 00:13:13 |prod them, saying, Listen, I'm thinking to you right now. You listen to me and
130 |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
131 |130 |00:13:17 ~-~-> 00:13:22 |the power three, which is my solution to a conundrum that Larry Williams said he
132 |131 |00:13:22 ~-~-> 00:13:26 |had, back in 1995 at least during the time when he made that video series, the
133 |132 |00:13:28 ~-~-> 00:13:32 |confidential trading course, or futures millionaires confidential trading
134 |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
135 |134 |00:13:38 ~-~-> 00:13:42 |like, that was my go to for encouragement. And as I mentioned in
136 |135 |00:13:42 ~-~-> 00:13:46 |live stream, he found it difficult at that time. I don't know if he's ever
137 |136 |00:13:46 ~-~-> 00:13:50 |gotten better, but he said it was hard for him to be a buyer below the opening
138 |137 |00:13:50 ~-~-> 00:13:54 |price when he was bullish. So he'd always use buying on strength. And to
139 |138 |00:13:54 ~-~-> 00:13:57 |me, that was my opportunity. So I've taught today, and I've taught at other
140 |139 |00:13:57 ~-~-> 00:14:02 |places on this YouTube channel, just look up power three, and you can see how
141 |140 |00:14:02 ~-~-> 00:14:08 |I've answered that problem. Okay, I have a very systematic approach to doing it
142 |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
143 |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
144 |143 |00:14:18 ~-~-> 00:14:21 |take a look at some of those things today. But I want you to go back and
145 |144 |00:14:21 ~-~-> 00:14:25 |listen to the live stream. You'll hear me outline these things and how this is
146 |145 |00:14:25 ~-~-> 00:14:31 |below that little area right there, is below the opening price at 930 but just
147 |146 |00:14:31 ~-~-> 00:14:37 |think about how this that little part right there that's basically the 9/31
148 |147 |00:14:38 ~-~-> 00:14:42 |opening price, and then any movement down away from that is to be viewed as
149 |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
150 |149 |00:14:46 ~-~-> 00:14:51 |going lower, and then all of this move here is the trend following portion of
151 |150 |00:14:51 ~-~-> 00:14:57 |the move means it's all directional. It's all one sided, like this, okay? And
152 |151 |00:14:57 ~-~-> 00:15:02 |then at the close, price will come off. The highest high and settle off the
153 |152 |00:15:02 ~-~-> 00:15:08 |high. Okay, and I counseled you today on the Community tab of my YouTube channel.
154 |153 |00:15:08 ~-~-> 00:15:12 |I said, Okay, it's after three o'clock. If you have not taken anything you want
155 |154 |00:15:12 ~-~-> 00:15:18 |to pay the trader to take something off. Why? Because at three o'clock that
156 |155 |00:15:18 ~-~-> 00:15:25 |starts the last hour of trading. The last hour trading is right there at that
157 |156 |00:15:25 ~-~-> 00:15:29 |low just happens to be inside of a fair value gap. And then we have this
158 |157 |00:15:29 ~-~-> 00:15:35 |protraction towards the close of the last hour. So at 330 we start this
159 |158 |00:15:35 ~-~-> 00:15:41 |candle. It spools up into that little blue line, which is the close of the
160 |159 |00:15:41 ~-~-> 00:15:46 |daily sell side of balance, buy side and efficiency, and this is that volume
161 |160 |00:15:46 ~-~-> 00:15:49 |imbalance on the daily chart. Those are all levels that were talked about last
162 |161 |00:15:49 ~-~-> 00:15:53 |Tuesday, but because they're higher time frame, we don't constantly have to refer
163 |162 |00:15:53 ~-~-> 00:15:58 |to them every single day. You just have them on your radar, and that's where
164 |163 |00:15:58 ~-~-> 00:16:02 |we've been anticipating price to reach for. So for the Yahoos out there saying
165 |164 |00:16:02 ~-~-> 00:16:05 |that I'm calling the bias lower, I'm looking for shorts. I'm looking for
166 |165 |00:16:05 ~-~-> 00:16:10 |longs, but I'm looking for things to teach my son how to engage and all of
167 |166 |00:16:10 ~-~-> 00:16:15 |you that are watching, anticipating price action, seeking liquidity,
168 |167 |00:16:15 ~-~-> 00:16:19 |opposing liquidity, that against that move that would be tearing us up into
169 |168 |00:16:20 ~-~-> 00:16:20 |here
170 |169 |00:16:22 ~-~-> 00:16:27 |anytime it drops lower, it's done what it knocks out long holders, scoops up
171 |170 |00:16:27 ~-~-> 00:16:33 |their position, uses their stop loss that's below old lows to buy, and then
172 |171 |00:16:33 ~-~-> 00:16:38 |it gets them in sync with this underlying run. So we're going to take a
173 |172 |00:16:38 ~-~-> 00:16:43 |closer look. Just remember, this little diagram represents one daily range, and
174 |173 |00:16:43 ~-~-> 00:16:49 |I wanted you to anticipate the daily range starting at 930 here, and where we
175 |174 |00:16:49 ~-~-> 00:16:57 |close here at the end of the day. All right. Now, with that mind, let's dig
176 |175 |00:16:57 ~-~-> 00:17:07 |into the chart on a five minute basis. All right. So here's 930 so disregard
177 |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
178 |177 |00:17:11 ~-~-> 00:17:15 |not even there. You're focusing on just this candle right there, that opening
179 |178 |00:17:15 ~-~-> 00:17:22 |tick that's right on that line. We drop. We go a little bit above the opening
180 |179 |00:17:22 ~-~-> 00:17:28 |price, and then we drop once more, go a little higher, and we drop more. And we
181 |180 |00:17:28 ~-~-> 00:17:36 |take out the low here, in that low, see how those relative equal lows there, we
182 |181 |00:17:36 ~-~-> 00:17:41 |drop lower. And then we started the whole idea as I outlined. I don't want
183 |182 |00:17:41 ~-~-> 00:17:45 |to talk about what I looked at during the live stream, because you you go back
184 |183 |00:17:45 ~-~-> 00:17:50 |into that and watch it. We were one sided. We were anticipating the buy side
185 |184 |00:17:50 ~-~-> 00:17:54 |liquidity resting above these highs right here. But while we were down in
186 |185 |00:17:54 ~-~-> 00:18:01 |here, and while we were in anticipating the run up, I was outlining how being a
187 |186 |00:18:01 ~-~-> 00:18:06 |buyer, and if you want to hold on to trades with a longer term target where
188 |187 |00:18:06 ~-~-> 00:18:10 |it makes you a whole lot more handles, lot more pips, lot more points, if you
189 |188 |00:18:10 ~-~-> 00:18:18 |will buying at that opening price or lower when you're bullish. Last Tuesday,
190 |189 |00:18:18 ~-~-> 00:18:21 |I solidified and made sure you understood that this is where we're
191 |190 |00:18:21 ~-~-> 00:18:25 |growing. We're going there, as long as we don't have a major Wipeout go lower,
192 |191 |00:18:25 ~-~-> 00:18:29 |and that would be caused by something occurring over in the Middle East. And
193 |192 |00:18:29 ~-~-> 00:18:34 |just go watch the stream. You'll hear me refer those things. But here, that point
194 |193 |00:18:34 ~-~-> 00:18:39 |of entry, right there, is the institutional refiner, and we route up
195 |194 |00:18:39 ~-~-> 00:18:45 |above what the new week opening got high for this week. So Sunday, 6pm opening
196 |195 |00:18:45 ~-~-> 00:18:51 |compared to Friday settlement price. That is your new week opening gap. We
197 |196 |00:18:51 ~-~-> 00:18:58 |trade down, then rally and start to build all of the same aspects of looking
198 |197 |00:18:58 ~-~-> 00:19:02 |for higher prices that we walk through today and have been going through every
199 |198 |00:19:02 ~-~-> 00:19:08 |single day since we started the series on the 2024 mentorship here. So by the
200 |199 |00:19:08 ~-~-> 00:19:16 |way, flocks, gentleman reached out to me, sent me a instruction about this.
201 |200 |00:19:16 ~-~-> 00:19:22 |Thank you so much. He made some changes to an existing watermark, so that that's
202 |201 |00:19:22 ~-~-> 00:19:31 |what you're seeing here. So that's, that's the business there. So if you, if
203 |202 |00:19:31 ~-~-> 00:19:34 |you want to have that on your track this, you know, there it is. But we're
204 |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
205 |204 |00:19:41 ~-~-> 00:19:46 |were taken by surprise. I had a guy on YouTube. I guess he wants more followers
206 |205 |00:19:46 ~-~-> 00:19:51 |or more attention, but he read, he made a video about me a couple days ago, and
207 |206 |00:19:51 ~-~-> 00:19:56 |he is supposedly an order flow guy. He uses like the depth of market ladders
208 |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
209 |208 |00:20:02 ~-~-> 00:20:08 |saying, is ICT is a scam, and here's why. Well, I was watching a little bit
210 |209 |00:20:08 ~-~-> 00:20:14 |of his live stream that he was doing today, and I invited a few of my private
211 |210 |00:20:14 ~-~-> 00:20:18 |students to take a gander at it, and some of them did not listen, and they
212 |211 |00:20:18 ~-~-> 00:20:22 |were trying to stoke the fires, and that's not what I wanted to see happen.
213 |212 |00:20:22 ~-~-> 00:20:28 |But while he was watching his price action and stuff, I was going long in
214 |213 |00:20:28 ~-~-> 00:20:31 |the ES when he was saying he was not going to make a higher high and
215 |214 |00:20:32 ~-~-> 00:20:37 |basically, I'm out the floor with it, and showed the students the contrast
216 |215 |00:20:37 ~-~-> 00:20:43 |between what was expected because of looking at depth of market, the ladders,
217 |216 |00:20:43 ~-~-> 00:20:47 |you know, where the orders are stacking above and below, and how that's supposed
218 |217 |00:20:47 ~-~-> 00:20:51 |to be superior intellect and knowledge. And the whole time, there was nothing
219 |218 |00:20:51 ~-~-> 00:20:55 |being mentioned about where the market was going to go. In fact, it was said
220 |219 |00:20:55 ~-~-> 00:20:59 |that it wasn't going to go higher. And I said, Well, that's perfect, because I
221 |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
222 |221 |00:21:05 ~-~-> 00:21:09 |see it doing exactly what I outlined in my live stream today, and it
223 |222 |00:21:09 ~-~-> 00:21:14 |accelerated, went through the roof and blew the top off of it. And I say that
224 |223 |00:21:14 ~-~-> 00:21:19 |because there are some of you that are watching me just for the sake of saying
225 |224 |00:21:19 ~-~-> 00:21:25 |this is wrong. This is wrong. There's no algorithm, but there really is, and the
226 |225 |00:21:25 ~-~-> 00:21:32 |algorithm is the price engine that offers the price. The buyers and the
227 |226 |00:21:32 ~-~-> 00:21:35 |sellers have to agree. At the price that's being offered. It's not the
228 |227 |00:21:35 ~-~-> 00:21:42 |buyers and sellers that's offering it to you, the commodity, okay, the the thing
229 |228 |00:21:42 ~-~-> 00:21:48 |that needs to be purchased or sold is price action, the price the next price
230 |229 |00:21:49 ~-~-> 00:21:57 |that is always offered to us as traders. It's first piped into large, top tier
231 |230 |00:21:57 ~-~-> 00:22:02 |institutional banks, in lending firms and things like that, and then we get
232 |231 |00:22:02 ~-~-> 00:22:07 |the opportunity to pick up the scrapes and bottom of the barrel as retail
233 |232 |00:22:07 ~-~-> 00:22:18 |traders, we're the last line in the expected recipient of this price. There
234 |233 |00:22:18 ~-~-> 00:22:22 |are entities out there that have a better opportunity to take the price
235 |234 |00:22:22 ~-~-> 00:22:29 |that's offered to us like we have the scraps, basically. And the the argument
236 |235 |00:22:29 ~-~-> 00:22:35 |and the the excuse is this, um, the algorithms are fighting for a quarter of
237 |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
238 |237 |00:22:40 ~-~-> 00:22:47 |deal. And the argument is discounted because you can't throw 1000s of
239 |238 |00:22:47 ~-~-> 00:22:51 |contracts inside of a quarter of a second look at the time of sales. There
240 |239 |00:22:51 ~-~-> 00:22:56 |isn't that many orders coming in in the same token. When you're watching a theft
241 |240 |00:22:56 ~-~-> 00:22:59 |of market ladder and you're seeing all these orders, the market's going to keep
242 |241 |00:22:59 ~-~-> 00:23:04 |booking higher or lower, if it's designed to do so. And I outlined today,
243 |242 |00:23:04 ~-~-> 00:23:09 |just like you see it right here. I told you, once it starts going up and
244 |243 |00:23:09 ~-~-> 00:23:13 |everything below the opening price at 930 was the premise, what we're looking
245 |244 |00:23:13 ~-~-> 00:23:18 |for. And I outlined that right there, one on one minute chart. And if you
246 |245 |00:23:18 ~-~-> 00:23:23 |didn't watch the live stream, stop this one here. Don't watch anymore, because
247 |246 |00:23:23 ~-~-> 00:23:27 |it'll take away from you watching it happen live. The worst thing you can do
248 |247 |00:23:27 ~-~-> 00:23:32 |is look at this one here and not have watched the live stream, because you'll
249 |248 |00:23:32 ~-~-> 00:23:35 |miss the opportunity as it's forming, as it's really forming live, because you're
250 |249 |00:23:35 ~-~-> 00:23:40 |watching the the real time data that I'm using while I'm doing that live stream
251 |250 |00:23:40 ~-~-> 00:23:44 |with a three second latency. It literally was only taken three seconds
252 |251 |00:23:44 ~-~-> 00:23:49 |before it was posting to my phone in my headphones, so I can't make it any
253 |252 |00:23:49 ~-~-> 00:23:52 |faster than that, folks. And that's the settings that's offered to me, low,
254 |253 |00:23:55 ~-~-> 00:23:58 |ultra low, low, and then normal latency. That's the three options, at least.
255 |254 |00:23:59 ~-~-> 00:24:02 |That's what YouTube offers me when I'm doing live streams right now, I'm doing
256 |255 |00:24:02 ~-~-> 00:24:07 |normal because it's not time sensitive. So when I say something, if you look at
257 |256 |00:24:07 ~-~-> 00:24:14 |the seconds down here, okay, from the time I say something, and you receive
258 |257 |00:24:14 ~-~-> 00:24:18 |it, if you're watching your your trading the time, that's the latency. And it
259 |258 |00:24:18 ~-~-> 00:24:21 |should be a little bit longer right now, because it's not time sensitive, the
260 |259 |00:24:21 ~-~-> 00:24:25 |markets are not trading. Are not trading. It's five o'clock, so there's
261 |260 |00:24:25 ~-~-> 00:24:28 |no movement. I can talk with a low latency, and it's not a big deal. I
262 |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
263 |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
264 |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
265 |264 |00:24:40 ~-~-> 00:24:43 |yourself, and you'll see what I'm talking about. So I want to drop down
266 |265 |00:24:43 ~-~-> 00:24:46 |the one minute chart again. If you didn't watch the live stream, don't
267 |266 |00:24:46 ~-~-> 00:24:49 |watch anymore of this one. Stop it and come back to it after you've done that.
268 |267 |00:24:49 ~-~-> 00:24:52 |Okay, so let's drop into a one minute chart.
269 |268 |00:24:57 ~-~-> 00:25:04 |All right, so we were watching i. Price rip lower. Here's 930
270 |269 |00:25:09 ~-~-> 00:25:14 |right here. Drop lower. We're looking for the new day opening gap. It trades
271 |270 |00:25:14 ~-~-> 00:25:17 |through. It comes back up. We got an opening range gap in here. I'm not going
272 |271 |00:25:17 ~-~-> 00:25:20 |to have that on the chart. I'm just going to go to the most salient points
273 |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
274 |273 |00:25:26 ~-~-> 00:25:31 |the new day opening gap here on the 16th. And now I see it trade down. It
275 |274 |00:25:31 ~-~-> 00:25:35 |does so there. And then we had this move with this candle. I outlined the
276 |275 |00:25:35 ~-~-> 00:25:39 |institutional order flow entry drill. And as it did it here, I said, Now, if
277 |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
278 |277 |00:25:45 ~-~-> 00:25:49 |done these types of drills for months, not a couple days, not a couple weeks,
279 |278 |00:25:49 ~-~-> 00:25:53 |but for months, because you're not going to fully appreciate where these setups
280 |279 |00:25:53 ~-~-> 00:26:07 |are forming relative to the 930 opening there. I there. So at that price or
281 |280 |00:26:07 ~-~-> 00:26:12 |lower, when you're bullish, when you're expecting higher prices in the daily
282 |281 |00:26:12 ~-~-> 00:26:17 |chart, to keep pressing higher, look at Last Tuesday's live stream on the 13th
283 |282 |00:26:17 ~-~-> 00:26:21 |of August 2024 it's the latter portions. Before I close the stream, I go through,
284 |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
285 |284 |00:26:26 ~-~-> 00:26:30 |have right now in the charts, it's going to go higher, and these are the levels,
286 |285 |00:26:30 ~-~-> 00:26:34 |and I'll walk you through. Okay, we hit several of them already, but we're just
287 |286 |00:26:34 ~-~-> 00:26:39 |below that volume of balance on the daily chart. So I counted you in the
288 |287 |00:26:39 ~-~-> 00:26:44 |live stream today to go back to that and listen to the higher Time Frame levels.
289 |288 |00:26:45 ~-~-> 00:26:48 |Those should be on your chart. They should be in your notepad. Next year,
290 |289 |00:26:49 ~-~-> 00:26:52 |your computers or computer or whatever it is that you're using to to watch
291 |290 |00:26:52 ~-~-> 00:26:57 |price action and constantly refer back to. Are we seeing indications that those
292 |291 |00:26:57 ~-~-> 00:27:01 |things are still being traded to? Are we marching towards those daily and weekly
293 |292 |00:27:01 ~-~-> 00:27:05 |objectives? Is basically what we're getting at, because that is higher Time
294 |293 |00:27:05 ~-~-> 00:27:09 |Frame, order flow, that's that's where ultimately, the daily chart's going to
295 |294 |00:27:09 ~-~-> 00:27:14 |try to gravitate to. Now I mentioned today that there's the Jackson Hole
296 |295 |00:27:16 ~-~-> 00:27:23 |symposium. If you do a search on your economic calendar, you'll see it okay.
297 |296 |00:27:23 ~-~-> 00:27:29 |The I think day one is Wednesday, day two is Thursday, day three is Friday,
298 |297 |00:27:30 ~-~-> 00:27:35 |because that's occurring and it's on the latter part of the week. You have
299 |298 |00:27:35 ~-~-> 00:27:41 |Wednesday, Thursday and Friday. Treat it just like a Non Farm Payroll week, where
300 |299 |00:27:41 ~-~-> 00:27:48 |you have to trade on Monday, staying with it, looking for the setups, and
301 |300 |00:27:48 ~-~-> 00:27:51 |then, because we are expecting those higher Time Frame targets that I
302 |301 |00:27:51 ~-~-> 00:27:56 |mentioned on last Tuesday, August 13, 2024 is live stream. At the end of the
303 |302 |00:27:56 ~-~-> 00:28:00 |stream, I gave you every level that's pertinent on the higher Time Frame
304 |303 |00:28:00 ~-~-> 00:28:05 |outside of the intraday charts. And those are like magnets draw
305 |304 |00:28:05 ~-~-> 00:28:11 |institutional order flow in on those higher time frames, smaller time frames,
306 |305 |00:28:11 ~-~-> 00:28:16 |as you've been watching me do, it's very, very similar to what we expect on
307 |306 |00:28:16 ~-~-> 00:28:20 |that larger time frames just get a whole lot more opportunities. So as I outlined
308 |307 |00:28:20 ~-~-> 00:28:25 |today. This is an institutional refine entry drill. It is the low risk buy.
309 |308 |00:28:26 ~-~-> 00:28:30 |That means it should not come back below that, and it should just keep pressing
310 |309 |00:28:30 ~-~-> 00:28:36 |higher. And we use the new week opening gap here as support. They swept through
311 |310 |00:28:36 ~-~-> 00:28:41 |it, cleared up some inefficiency into the order block right there. There's two
312 |311 |00:28:41 ~-~-> 00:28:44 |of them. So you're using that price right there at the open so that's a
313 |312 |00:28:44 ~-~-> 00:28:50 |change in the state of delivery, boom mount or rallying. It comes back down to
314 |313 |00:28:50 ~-~-> 00:28:57 |engage that order block and upset any perfect delivery to the new week opening
315 |314 |00:28:57 ~-~-> 00:29:00 |gap. Because remember, they're like our children coloring inside a coloring
316 |315 |00:29:00 ~-~-> 00:29:04 |book. It can color outside the lines. We encourage that. We want to see things
317 |316 |00:29:04 ~-~-> 00:29:07 |like that, because it gives the opportunity to let the wicks do the
318 |317 |00:29:07 ~-~-> 00:29:14 |damage. That's what you want to see. And then, because we were below the opening
319 |318 |00:29:14 ~-~-> 00:29:21 |price at this institutional refund entry drill, I outlined time. Okay, I outlined
320 |319 |00:29:21 ~-~-> 00:29:27 |time. If you get something like this position entry here, you do not strangle
321 |320 |00:29:27 ~-~-> 00:29:32 |it by running your stop loss up. You don't try to keep moving it higher,
322 |321 |00:29:32 ~-~-> 00:29:37 |moving it higher, moving it higher. But you do expect it around 1130 that's
323 |322 |00:29:37 ~-~-> 00:29:42 |that's beginning the lunch macro. It will start to drop against the existing
324 |323 |00:29:42 ~-~-> 00:29:45 |movement that took place in the morning session. Meaning, here you go. It
325 |324 |00:29:45 ~-~-> 00:29:53 |rallies up and here is 1130 right there. So at that moment, looking backwards,
326 |325 |00:29:53 ~-~-> 00:29:58 |was it everybody making money on a long or everyone making money on the short?
327 |326 |00:29:59 ~-~-> 00:30:04 |Clearly. Everyone's making money on the long it's gone up. Longer it's been up,
328 |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
329 |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
330 |329 |00:30:17 ~-~-> 00:30:22 |o'clock for the folks that don't know. My macro for lunch. I'm teaching again.
331 |330 |00:30:23 ~-~-> 00:30:29 |So right, here's the price. So you want to go backwards and find the first low
332 |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
333 |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.
334 |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.
335 |334 |00:30:44 ~-~-> 00:30:52 |Right here is 1130 and you want to go backwards and find the first low, and
336 |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
337 |336 |00:31:00 ~-~-> 00:31:06 |1130 the macro will start doing what it will seek, liquidity that's trailed on
338 |337 |00:31:06 ~-~-> 00:31:12 |that which is been profitable during the morning session. At 1130 go back to 930
339 |338 |00:31:13 ~-~-> 00:31:19 |what has happened? The markets rallied. It's gone up. So the algorithm will seek
340 |339 |00:31:19 ~-~-> 00:31:24 |what the stops right below that low? Well, wouldn't you know it as chance,
341 |340 |00:31:24 ~-~-> 00:31:30 |would have it as coincidence, would have it all the planets aligned, the clouds
342 |341 |00:31:30 ~-~-> 00:31:37 |parted, and here we go. It worked again. Not only is it taking out that low for
343 |342 |00:31:37 ~-~-> 00:31:42 |anyone that's trailed their stop loss rate below here, it's engaging the new
344 |343 |00:31:42 ~-~-> 00:31:47 |week, opening gap for this week, that's a reasonable expectation. It's going to
345 |344 |00:31:47 ~-~-> 00:31:56 |gravitate and dry and draw in price to cause more interest. So the algorithm
346 |345 |00:31:56 ~-~-> 00:32:01 |doesn't know how many contracts are being traded. It doesn't need to know.
347 |346 |00:32:01 ~-~-> 00:32:06 |It just needs to know what time and where. That's what price is offering it.
348 |347 |00:32:07 ~-~-> 00:32:12 |It does not need to track something as dynamic and what can be spoofed, because
349 |348 |00:32:12 ~-~-> 00:32:17 |you can put orders in and then pull institutions through it all the time. In
350 |349 |00:32:17 ~-~-> 00:32:25 |fact, large investment firms, Goldman, JP, Morgan, all these big guys, they've
351 |350 |00:32:25 ~-~-> 00:32:29 |all got in trouble some some time or another, spoofing, putting big blocks of
352 |351 |00:32:29 ~-~-> 00:32:33 |orders in because they know Yahoo's out here. Look at that stuff and think, oh,
353 |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
354 |353 |00:32:38 ~-~-> 00:32:43 |like laying down bait for rats. And some of you act like rodents, and you you go
355 |354 |00:32:43 ~-~-> 00:32:47 |after that cheese, and you think, because that number is flashing there,
356 |355 |00:32:47 ~-~-> 00:32:51 |it's going to drive the market there. That's not what goes on. I explained to
357 |356 |00:32:51 ~-~-> 00:32:54 |everything today, and I didn't need to talk about depth of market. I didn't
358 |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
359 |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
360 |359 |00:33:05 ~-~-> 00:33:12 |for the lunch macro and upset sell side. And I explained not just today, right
361 |360 |00:33:12 ~-~-> 00:33:18 |now, but in other instances where the lunch macro starts at 1130 and it can go
362 |361 |00:33:18 ~-~-> 00:33:23 |as long as 130 it could keep going higher and not have any retracements,
363 |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
364 |363 |00:33:29 ~-~-> 00:33:37 |1130 start going backwards. Where is the low that you're going to come to first?
365 |364 |00:33:38 ~-~-> 00:33:45 |But it has to be. It has to happen to have formed after 10 o'clock. Why?
366 |365 |00:33:46 ~-~-> 00:33:50 |Because it factors in any run that was created for silver bullet, any
367 |366 |00:33:50 ~-~-> 00:33:55 |protraction and price action that's going higher. It allows you to get the
368 |367 |00:33:55 ~-~-> 00:33:59 |obvious where everybody wants to jam their stop loss to, and that's this one
369 |368 |00:33:59 ~-~-> 00:34:04 |right here, and that's exactly where it went to. And it also agreed with new
370 |369 |00:34:04 ~-~-> 00:34:09 |week opening gap. See that? And then it rallies. So we have all this
371 |370 |00:34:09 ~-~-> 00:34:11 |consolidation. We had cell side taken, and
372 |371 |00:34:14 ~-~-> 00:34:22 |then we entered the 130 time, right there. That closes the lunch macro.
373 |372 |00:34:22 ~-~-> 00:34:27 |There's no more time aspect that's associated with going down to take the
374 |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
375 |374 |00:34:32 ~-~-> 00:34:38 |the direction from the early session lows and outlining that daily candle
376 |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
377 |376 |00:34:43 ~-~-> 00:34:48 |you would hold on to the trade if you do this. Okay? I specifically called out
378 |377 |00:34:48 ~-~-> 00:34:53 |Patrick Whelan because he does a lot of these and Pat, please don't I'm not
379 |378 |00:34:53 ~-~-> 00:34:56 |trying to be an ignorant person to you right now. And if you like Patrick
380 |379 |00:34:56 ~-~-> 00:34:59 |Wheeler and you watch his live streams, I'm not trying to take his followers.
381 |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
382 |381 |00:35:03 ~-~-> 00:35:11 |said today. Okay, and I tossed you a bone if you start doing this and you
383 |382 |00:35:11 ~-~-> 00:35:17 |just let one contract go, just let one go with the things I taught today,
384 |383 |00:35:17 ~-~-> 00:35:22 |you're going to have bigger runs. You're going to have huge runs. And Tanja, who
385 |384 |00:35:22 ~-~-> 00:35:27 |is one of my students, who does as now shown several times of making over 100
386 |385 |00:35:27 ~-~-> 00:35:33 |handles, I think she's the only one doing that like right now. So this
387 |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
388 |387 |00:35:38 ~-~-> 00:35:42 |if you have the interest in live streaming, like I would really get my
389 |388 |00:35:42 ~-~-> 00:35:46 |rocks off if I saw people taking these types of trades now, and I gave it to
390 |389 |00:35:46 ~-~-> 00:35:50 |you today. I laid it on a silver platter. I said, Hold on to minimum,
391 |390 |00:35:52 ~-~-> 00:36:00 |315, why? Because that starts the last hours macro. There's four of four macros
392 |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
393 |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
394 |393 |00:36:12 ~-~-> 00:36:18 |going to go into and talk about now. So the market rallies up during the two
395 |394 |00:36:18 ~-~-> 00:36:22 |o'clock hour, continues higher, and we have a little bit of retracement here
396 |395 |00:36:22 ~-~-> 00:36:27 |going into three o'clock. And I said on my community post, I said it's after
397 |396 |00:36:27 ~-~-> 00:36:32 |three, it's basically time to pay the trader if you have held on. And I had
398 |397 |00:36:32 ~-~-> 00:36:36 |people that listened today, they've been very upfront and showed me that I made
399 |398 |00:36:36 ~-~-> 00:36:41 |it a killing today. Thank you so much. I don't want you taking trades based on
400 |399 |00:36:41 ~-~-> 00:36:45 |what I'm saying. Okay, but just know that I was in rare form today. I guess
401 |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,
402 |401 |00:36:50 ~-~-> 00:36:55 |WTF? This is the biggest trade I've ever made. I can't believe this. This was,
403 |402 |00:36:55 ~-~-> 00:36:58 |like, nuts. Yeah, that's what happens when you're when you're trading the
404 |403 |00:36:58 ~-~-> 00:37:02 |daily range. That's what my son, Caleb, is going to grow into he doesn't have
405 |404 |00:37:02 ~-~-> 00:37:07 |the patience and doesn't know what he's doing yet. But for the folks that know
406 |405 |00:37:07 ~-~-> 00:37:10 |what I'm referring to, and have done this for a long time studying with me,
407 |406 |00:37:10 ~-~-> 00:37:18 |you took you took the hint, hint, nudge, nudge stuff today to the extreme, and
408 |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
409 |408 |00:37:27 ~-~-> 00:37:32 |looked at that little crude diagram that I drew out this morning, referencing the
410 |409 |00:37:32 ~-~-> 00:37:38 |daily chart. The daily chart is basically what you see here, where it
411 |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
412 |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
413 |412 |00:37:50 ~-~-> 00:37:51 |down here
414 |413 |00:38:02 ~-~-> 00:38:06 |is the low today. And that was me telling you that's the low risk. Buy and
415 |414 |00:38:06 ~-~-> 00:38:11 |then submit to what if you want to get take longer trades. You have to set your
416 |415 |00:38:11 ~-~-> 00:38:16 |mindset on the time time, if you understand power three, as I teach it,
417 |416 |00:38:18 ~-~-> 00:38:21 |the highs. And here we are. Take trading as the market opens up to six o'clock,
418 |417 |00:38:21 ~-~-> 00:38:24 |trades right up into that volume of that volume of balance on the daily chart. So
419 |418 |00:38:24 ~-~-> 00:38:27 |we've already hit the low. If it never goes any higher than that, it's
420 |419 |00:38:27 ~-~-> 00:38:32 |delivered based on what I told you last Tuesday, using weekly and daily charts.
421 |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
422 |421 |00:38:38 ~-~-> 00:38:42 |how to get that same understanding that I'm sharing with you, you got to go
423 |422 |00:38:42 ~-~-> 00:38:47 |through what I'm teaching here if you're going to hold for bigger runs, the first
424 |423 |00:38:47 ~-~-> 00:38:51 |and foremost thing is you have to submit to the time that's required for the
425 |424 |00:38:51 ~-~-> 00:38:58 |daily chart or daily candlestick to form and close. So if you understand that
426 |425 |00:38:58 ~-~-> 00:39:02 |we're bullish, as we are indicating today down here, I gave you the
427 |426 |00:39:02 ~-~-> 00:39:07 |schematic of what it looks like on the daily chart, what to expect. So for you
428 |427 |00:39:07 ~-~-> 00:39:11 |to hold to the close, you have to hold into that last hour of trading, right?
429 |428 |00:39:12 ~-~-> 00:39:17 |And then you also give yourself time when 345 comes,
430 |429 |00:39:22 ~-~-> 00:39:29 |right there's 345, so what happens is the algorithm will refer back to what
431 |430 |00:39:31 ~-~-> 00:39:38 |levels on a daily chart, levels on a weekly chart, and any time frame cycling
432 |431 |00:39:38 ~-~-> 00:39:43 |through less than daily all the way down to the seconds, and it'll cycle right
433 |432 |00:39:43 ~-~-> 00:39:47 |back up. And all inefficiencies will be incorporated, all liquidity will be
434 |433 |00:39:47 ~-~-> 00:39:52 |incorporated. And that's how the the algorithm gyrates and moves up and down.
435 |434 |00:39:52 ~-~-> 00:39:55 |It's not buying and selling pressure. And I don't give a fuck what Tom dick.
436 |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
437 |436 |00:39:58 ~-~-> 00:40:01 |front wrong in front of my students. And I was doing the opposite of them, as
438 |437 |00:40:01 ~-~-> 00:40:04 |they said it, whatever they said wasn't going to happen. I went right in there
439 |438 |00:40:04 ~-~-> 00:40:09 |using what I teach, what I use, and it just like that. I was long in the
440 |439 |00:40:09 ~-~-> 00:40:14 |afternoon in ES, everybody else that supposedly uses his volume and balance
441 |440 |00:40:14 ~-~-> 00:40:19 |bullshit and depth of market stuff. They had no expectation what was going on.
442 |441 |00:40:19 ~-~-> 00:40:25 |Had no idea. And all of this run here that is algorithmic. It starts at 345,
443 |442 |00:40:25 ~-~-> 00:40:31 |what is it going to spool to remember? Think about you're that fishing, fishing
444 |443 |00:40:31 ~-~-> 00:40:37 |pole holder. You're a fisherman, okay? And you're going to cast your lure to
445 |444 |00:40:37 ~-~-> 00:40:42 |what direction this level, which is the high of the sell side of balance, buy
446 |445 |00:40:42 ~-~-> 00:40:48 |sign efficiency on the daily chart that I gave you last Tuesday, and the volume
447 |446 |00:40:48 ~-~-> 00:40:53 |imbalance. So you're casting your your hook in that area. Why? Because there's
448 |447 |00:40:53 ~-~-> 00:40:58 |liquidity up there and the market traded right into it here. That's what that
449 |448 |00:40:58 ~-~-> 00:41:03 |pink area is. That was one of the daily chart. It went and hit it just like
450 |449 |00:41:03 ~-~-> 00:41:09 |that. So I gave you on Tuesday where the market's going to dry great and
451 |450 |00:41:09 ~-~-> 00:41:12 |gravitate to on a higher Time Frame perspective. But that's not to say that
452 |451 |00:41:12 ~-~-> 00:41:18 |you can't take shorts intraday. You could. But I promise you you did not see
453 |452 |00:41:18 ~-~-> 00:41:22 |anybody else call out with detail as to why over 200 and some handles will be
454 |453 |00:41:22 ~-~-> 00:41:30 |delivered. You didn't see that? Damn. You saw it here. And the logic that I
455 |454 |00:41:30 ~-~-> 00:41:35 |use is what's in this mentorship and every other lecture on this YouTube
456 |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
457 |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
458 |457 |00:41:50 ~-~-> 00:41:55 |gotta give yourself time, like I tell my son, you can't force it. And over time,
459 |458 |00:41:55 ~-~-> 00:41:59 |you'll get it. You'll find things that are going to be a little bit confusing.
460 |459 |00:42:00 ~-~-> 00:42:03 |Initially, the more time I spend over the charts, it'll make more sense to
461 |460 |00:42:03 ~-~-> 00:42:11 |you. But this run here is absolutely algorithmic. Why is that happening? When
462 |461 |00:42:11 ~-~-> 00:42:18 |are certain algorithm more prone to create big runs? Well, the last hour
463 |462 |00:42:18 ~-~-> 00:42:24 |macro, obviously, it starts at 315 and that one runs to 345 so in and of
464 |463 |00:42:24 ~-~-> 00:42:28 |itself, you have that 30 minute window, and I'm looking for something that's
465 |464 |00:42:28 ~-~-> 00:42:34 |going to cause the the move off the high. So like, here's the highest high
466 |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,
467 |466 |00:42:43 ~-~-> 00:42:51 |315, to 345, macro gets disregarded, and they use 345 going into the market on
468 |467 |00:42:51 ~-~-> 00:42:56 |Close. Market on close is that last 15 minute window. It's not 10 minutes, it's
469 |468 |00:42:56 ~-~-> 00:43:03 |15 minutes, it's 345 Eastern Standard Time to four o'clock, if it's earning
470 |469 |00:43:03 ~-~-> 00:43:10 |season, there will be an algorithm that fires at 401 and then you get this crazy
471 |470 |00:43:10 ~-~-> 00:43:15 |run going into 415 and then when the regular session closes, electronic
472 |471 |00:43:15 ~-~-> 00:43:21 |trading goes bonkers. And then you see some some wild stuff. Okay? And I made,
473 |472 |00:43:21 ~-~-> 00:43:26 |I think, a little less than $20,000 with a live account with AMP, using that
474 |473 |00:43:26 ~-~-> 00:43:30 |information I just gave you and shared it and showed it and proved it. So there
475 |474 |00:43:30 ~-~-> 00:43:40 |you go. This occurred because of what I mentioned today, the Jackson Hole
476 |475 |00:43:40 ~-~-> 00:43:46 |symposium, like I said, it can create volatility. And folks that know that
477 |476 |00:43:47 ~-~-> 00:43:51 |we're getting the opportunity to see a lot of volatility, they want to hurry up
478 |477 |00:43:51 ~-~-> 00:43:57 |and get the run over with basically. So the folks that, the kind folks that run
479 |478 |00:43:57 ~-~-> 00:44:05 |the market then, are the fine makers of algorithmic trading, they were happy and
480 |479 |00:44:05 ~-~-> 00:44:09 |nice enough to deliver what we were looking for on Last Tuesday's objective.
481 |480 |00:44:09 ~-~-> 00:44:15 |Long term, it has, it's delivered any more run up into this area here that's
482 |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
483 |482 |00:44:19 ~-~-> 00:44:25 |price to be right about it, okay? And since that volatility that's going to
484 |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.
485 |484 |00:44:29 ~-~-> 00:44:32 |It's like a big builder beer meeting, where they just, they come around, it's
486 |485 |00:44:32 ~-~-> 00:44:36 |a big circle jerk, and they, they think, they run everything, and they certainly
487 |486 |00:44:36 ~-~-> 00:44:41 |try to do it so because it can create volatility in the marketplace that may
488 |487 |00:44:41 ~-~-> 00:44:46 |be unfavorable everyone that knows what's going on, as I'm outlining it to
489 |488 |00:44:46 ~-~-> 00:44:51 |you today and teaching them this lecture series and all the lecture series prior
490 |489 |00:44:51 ~-~-> 00:44:58 |to it on this YouTube channel, having that big run up is reasonable. You think
491 |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
492 |491 |00:45:01 ~-~-> 00:45:08 |least until 315 today. Go back and listen to it. It's there. So you're not
493 |492 |00:45:08 ~-~-> 00:45:12 |going to worry about the little fluctuations in here and completely try
494 |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
495 |494 |00:45:16 ~-~-> 00:45:21 |thing across the entire spectrum of time, which is taking you into what the
496 |495 |00:45:21 ~-~-> 00:45:28 |last few moments of trading the regular session? That's 345 and they ran us up
497 |496 |00:45:28 ~-~-> 00:45:34 |into right there. They closed in that city on the daily chart. Let me take you
498 |497 |00:45:34 ~-~-> 00:45:36 |up to the daily chart, and then we'll be done.
499 |498 |00:45:42 ~-~-> 00:45:47 |I'm all right, this candle is low. That's what that blue line is attached
500 |499 |00:45:47 ~-~-> 00:45:51 |to. This is the city, self centered, balanced, buy sign efficiency, and that
501 |500 |00:45:51 ~-~-> 00:45:55 |would be the low. So as I mentioned last Tuesday, it's we have the mean threshold
502 |501 |00:45:55 ~-~-> 00:45:59 |of this candle here, then the rejection block, then we have the buy side
503 |502 |00:45:59 ~-~-> 00:46:04 |liquidity here, and then we have that candles low, and we have the volume
504 |503 |00:46:04 ~-~-> 00:46:07 |imbalance between these two candles bodies. And then, naturally, if it wants
505 |504 |00:46:07 ~-~-> 00:46:10 |to go through that, you have the buy side here and the inefficiency there.
506 |505 |00:46:10 ~-~-> 00:46:13 |Ultimately, that's, you know, unless something breaks out in the Middle East,
507 |506 |00:46:14 ~-~-> 00:46:17 |I think we're going to be revisiting here. And after we go there, I don't
508 |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
509 |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
510 |509 |00:46:25 ~-~-> 00:46:28 |gave you last Tuesday. They still hold true. This is still what I'm looking
511 |510 |00:46:28 ~-~-> 00:46:36 |for. But as a objective for this week, I'm content. So at this point, I would
512 |511 |00:46:36 ~-~-> 00:46:41 |favor continuation in what's being here, which what's been shown here, but I'm
513 |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
514 |513 |00:46:44 ~-~-> 00:46:48 |heavy handed. I'm not going to be doing 1015, 20 contracts. I'll do 134,
515 |514 |00:46:49 ~-~-> 00:46:53 |something like that. That's my that's my high end now, because it's already done
516 |515 |00:46:53 ~-~-> 00:46:57 |the majority of the move that I was expecting on daily chart. I mean, think
517 |516 |00:46:57 ~-~-> 00:47:00 |about it. Let's take the take the lipstick off for a second, and then I'm
518 |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
519 |518 |00:47:10 ~-~-> 00:47:18 |weeks. That's unsustainable. That's unsustainable. Okay, so to me, what I
520 |519 |00:47:18 ~-~-> 00:47:22 |think is they're taking out anyone that's short here, and they, they're
521 |520 |00:47:22 ~-~-> 00:47:25 |taking us up into this inefficiency because it's, it's a strong
522 |521 |00:47:25 ~-~-> 00:47:30 |inefficiency. It's, it's no real volume in there. And maybe we'll get up into
523 |522 |00:47:30 ~-~-> 00:47:35 |here and and probably folks that see that here, they'll think, well, we're
524 |523 |00:47:35 ~-~-> 00:47:38 |going to go for the higher high, and that would be the good area to pull the
525 |524 |00:47:38 ~-~-> 00:47:45 |rug out from underneath everything and send this thing right below here, if, if
526 |525 |00:47:47 ~-~-> 00:47:54 |Iran, Israel, and the coalition of other Arab nations come together against
527 |526 |00:47:54 ~-~-> 00:47:59 |Israel, and then us gets what it's been wanting For a long, long time, an excuse
528 |527 |00:47:59 ~-~-> 00:48:09 |to do a theater against Persia. Okay, so that's what I'm expecting. That's what
529 |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.
530 |529 |00:48:14 ~-~-> 00:48:20 |And I think we take out that low if it really kicks off in the Middle East.
531 |530 |00:48:21 ~-~-> 00:48:26 |Otherwise, everything I said here is what I'm expecting. Using that
532 |531 |00:48:26 ~-~-> 00:48:30 |information, if I'm taking longs intraday, as long as these targets are
533 |532 |00:48:30 ~-~-> 00:48:35 |still in play, that means I'll do the heaviest handed positions, the most
534 |533 |00:48:35 ~-~-> 00:48:38 |contracts that I'm trading, not over leveraging, not trying to be more than
535 |534 |00:48:38 ~-~-> 00:48:41 |I'm supposed to be, but the larger positions we're going to be on the long
536 |535 |00:48:41 ~-~-> 00:48:46 |side, because I'm trading inside of daily bull shorter flow. But if I'm
537 |536 |00:48:46 ~-~-> 00:48:50 |shorting, I'm going to do it with small position sizes, because I'm going
538 |537 |00:48:50 ~-~-> 00:48:56 |against this. If we start things on a very extreme level over the Middle East,
539 |538 |00:48:57 ~-~-> 00:49:01 |it's going to be easy for the market to have big, large range candles down on
540 |539 |00:49:01 ~-~-> 00:49:06 |the daily chart, and it might start off with one big one like that, and then
541 |540 |00:49:06 ~-~-> 00:49:09 |wait a day or two, and then start looking for lower prices. Should that
542 |541 |00:49:09 ~-~-> 00:49:13 |happen, it's not going to be able to rally. If something really breaks off
543 |542 |00:49:13 ~-~-> 00:49:19 |over there, if we start exchanging with Israel into Iran, these markets are
544 |543 |00:49:19 ~-~-> 00:49:23 |going to have a real hard time having green candles, and it's going to be a
545 |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
546 |545 |00:49:29 ~-~-> 00:49:34 |gave you last week, what's, what's my bias? It was long term. It's delivered
547 |546 |00:49:35 ~-~-> 00:49:41 |again. So you should feel comfortable. Okay, you should feel comfortable that
548 |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
549 |548 |00:49:44 ~-~-> 00:49:51 |occur, and you're in good hands. I got this information from Good Hands above,
550 |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
551 |550 |00:49:57 ~-~-> 00:50:00 |for him to learn it, I'm not going to give you watered down. Not so good
552 |551 |00:50:00 ~-~-> 00:50:05 |information. It's the same stuff that I'm laying in his hands. So you see it
553 |552 |00:50:05 ~-~-> 00:50:10 |working. It's precise. It's highly efficient. It's highly precise. Not just
554 |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
555 |554 |00:50:17 ~-~-> 00:50:19 |with it, if you're going to take the time to invest in it, then you know,
556 |555 |00:50:19 ~-~-> 00:50:26 |obviously it goes without saying that you should be encouraged and trust that
557 |556 |00:50:26 ~-~-> 00:50:30 |you're doing what's necessary. There's no other shortcut to it. There's
558 |557 |00:50:30 ~-~-> 00:50:35 |literally no shortcut. I would not be out here making this stuff for Caleb to
559 |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
560 |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
561 |560 |00:50:43 ~-~-> 00:50:48 |of easy 123, it ain't going to happen. But if you want these types of results
562 |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
563 |562 |00:50:52 ~-~-> 00:50:58 |going to behave in certain weekly profiles, weekly conditions, daily
564 |563 |00:50:58 ~-~-> 00:51:01 |profiles, how do you know when it's going to be a big update? Classic by
565 |564 |00:51:01 ~-~-> 00:51:06 |day. Well, I outlined it today. I give you those terms. I told you what to look
566 |565 |00:51:06 ~-~-> 00:51:11 |for. Improved it right in front of all you, with literally two handles of
567 |566 |00:51:11 ~-~-> 00:51:17 |drawdown. So I mean, given the volatility we're experiencing, I think
568 |567 |00:51:17 ~-~-> 00:51:21 |that's pretty remarkable, if I do say so myself, good job. Isaac, Thanks,
569 |568 |00:51:21 ~-~-> 00:51:24 |brother. So anyway, I will be back with you all, Lord willing, tomorrow again,
570 |569 |00:51:24 ~-~-> 00:51:27 |all the sessions the rest this week are just going to be 60 minutes. So we're
571 |570 |00:51:27 ~-~-> 00:51:31 |going to be aiming for 930 to 1030 cutting the stream after one hour,
572 |571 |00:51:31 ~-~-> 00:51:34 |because I got to give my son a chance to catch up. He's getting a little
573 |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.
574 |573 |00:51:40 ~-~-> 00:51:42 |But you know how kids are, so.