ICT YT - 2024-09-06 - ICT 2024 Mentorship - Lecture 23

Last modified by Drunk Monkey on 2024-09-11 12:21

1	00:01:14 --> 00:01:21	ICT: Good morning. Good morning. It is a good morning. It's delicious. Actually,
2	00:01:23 --> 00:01:25	wasn't expecting that. One was Yes,
3	00:01:26 --> 00:01:31	man, these These glasses are amazing. I'm seeing so many more salty comments.
4	00:01:31 --> 00:01:36	This is great. This is awesome. I need these antagonistic individuals for my
5	00:01:36 --> 00:01:41	story arc, like I need that. Okay, it can't all be people supporting me,
6	00:01:41 --> 00:01:46	right? Where's the fun in that? Just give me a second here. I gotta make sure
7	00:01:46 --> 00:01:50	I get my laptop plugged in here so we don't run out of power. I'm only going
8	00:01:50 --> 00:01:57	to be with you until around nine ish, something like that today. About I'll
9	00:01:57 --> 00:02:02	observe the Non Farm Payroll with you today. Just give me a second. I'll be on
10	00:02:02 --> 00:02:02	mute For a Minute. You
11	00:03:59 --> 00:04:05	All righty, Welcome back. Welcome back. It is your host, the ghost with the
12	00:04:05 --> 00:04:09	most. That's right, good old ICT. Hope you're doing well. It is Non Farm
13	00:04:09 --> 00:04:15	Payroll Friday, just about eight minutes or so away from the carnival ride that
14	00:04:16 --> 00:04:21	most retail traders want to be a participant in. They want to ride the
15	00:04:21 --> 00:04:32	roller coaster. So I I shared what I've been doing here. I was running something
16	00:04:32 --> 00:04:37	I outlined would unfold this week. If you go back and look at the reviews, the
17	00:04:37 --> 00:04:41	commentary, the things I was posting on my son's channel, and for the folks that
18	00:04:41 --> 00:04:46	don't know where my son's channel is on YouTube, I'm sharing every video link on
19	00:04:46 --> 00:04:53	my community tab on my YouTube channel. If you're following me on the app on
20	00:04:53 --> 00:05:00	your phone, on YouTube, I know that on my older phone I couldn't get. The
21	00:05:00 --> 00:05:06	Community tab section up on the the cell phone, but you'd have to go to like, a
22	00:05:06 --> 00:05:10	laptop or something that's a little bit bigger. I'm not sure why it does that,
23	00:05:10 --> 00:05:17	but the community tab is kind of like where I post things to I don't use
24	00:05:17 --> 00:05:21	Twitter anymore, I don't use Facebook, I don't use Instagram. I'm not on any of
25	00:05:21 --> 00:05:27	those services, but I use my community post or tab on my YouTube channel as a
26	00:05:27 --> 00:05:32	way of kind of like a message board telling you what I'm getting ready to
27	00:05:32 --> 00:05:36	do, or just give you some kind of encouragement, or just needle the folks
28	00:05:36 --> 00:05:47	that need the little heat from an ICT. So I realized while watching the the
29	00:05:47 --> 00:05:55	playback for the editing, I didn't have the end dog on for today. So I'm gonna
30	00:05:56 --> 00:06:03	do that real quick before we get into the tonfoolery that is nonprofit
31	00:06:03 --> 00:06:16	payroll. So on a one minute chart there, and that's the six o'clock open right
32	00:06:16 --> 00:06:22	there. So that's going to be the low of the new day opening gap, and the close
33	00:06:22 --> 00:06:30	is that price there. So the high is the close of 459 and
34	00:06:40 --> 00:06:44	into opening gap. Hi,
35	00:06:59 --> 00:07:01	and then we'll put this small.
36	00:07:09 --> 00:07:19	And now I gotta do is just change that to low, quick, painless, right? And the
37	00:07:19 --> 00:07:20	scrub on over here.
38	00:07:31 --> 00:07:40	She's a bit up here. It's the lookout to overlapping with the August 13 daily
39	00:07:40 --> 00:07:48	fair value gap high. That's interesting about that. Let's see what we get here.
40	00:07:49 --> 00:07:53	So when you're looking at Non Farm Payroll, okay, I'm not enticing you to
41	00:07:53 --> 00:08:00	try to trade this. Okay, what I like to use it for is I want to see what type of
42	00:08:00 --> 00:08:10	liquidity they aim for, okay? Before we get into it. Non Farm Payroll is not
43	00:08:10 --> 00:08:17	algorithmic. Okay, that is not algorithmic. It is the same logic that
44	00:08:17 --> 00:08:26	is used in the automated form, but Non Farm Payroll, like FOMC is a manual
45	00:08:26 --> 00:08:32	intervention. That means they literally pick where they want it to go abruptly,
46	00:08:33 --> 00:08:40	just like that. Okay, and you're encouraged not to try to trade it going
47	00:08:40 --> 00:08:45	into the Non Farm Payroll number 2030, minutes after, or if you're really,
48	00:08:45 --> 00:08:51	really skilled, 15 minutes after. So 8:45am, Eastern Time. That's the
49	00:08:51 --> 00:08:56	earliest I would say that anyone should try to trade the Non Farm Payroll. Now,
50	00:08:56 --> 00:09:00	obviously, if you're already part of a trade and you're holding something, then
51	00:09:00 --> 00:09:04	it goes without saying that you know, if you have taken something off, you can
52	00:09:04 --> 00:09:07	leave a little partial on to see if it gives you a little bit more juice out of
53	00:09:07 --> 00:09:13	that lemon. But you do not want to be trading this. Okay, if I were to trade
54	00:09:13 --> 00:09:17	every single Non Farm Payroll event before the fact, in other words, if I
55	00:09:17 --> 00:09:22	was trying to position ahead of it, I would have terrible stats because I
56	00:09:22 --> 00:09:25	don't know where they're going to run it next. I don't I don't know that you
57	00:09:25 --> 00:09:29	aren't going to know that. Just like I don't know where they're going to take
58	00:09:29 --> 00:09:31	FOMC, I don't know where they're going to take CPI, I don't know where they're
59	00:09:31 --> 00:09:35	going to take ppi, they're all manual interventions. That means that you
60	00:09:35 --> 00:09:39	should not be trying to position yourself ahead of them. Wait for the
61	00:09:39 --> 00:09:45	initial shock, once that, once, that big crash, you know, comes down into the
62	00:09:45 --> 00:09:51	marketplace, where the shock and all hits it, look and see what is left
63	00:09:52 --> 00:09:56	behind, like, where's the smooth edges? Because that's what they're going to go
64	00:09:56 --> 00:10:01	for next. Okay, so in the times that you're going to. Wrong about that. Okay,
65	00:10:01 --> 00:10:04	well, that just one time you're wrong about it doesn't mean your career is
66	00:10:04 --> 00:10:13	over. Alright? So we got about two and a half minutes. Let's take a quick look at
67	00:10:13 --> 00:10:20	what we have here. Let's do a 15 minute time frame. And what I teach my students
68	00:10:20 --> 00:10:27	to do is and before I close, I'll review the the trade. I just did my ejirohama
69	00:10:27 --> 00:10:34	trade. That's my eujiro profile and model. I'm being facetious. It's just me
70	00:10:34 --> 00:10:38	doing my typical stuff, one shot, one kill. I told you the turtle soup, how it
71	00:10:38 --> 00:10:42	forms, told you what to look for this week with the commentary on the daily
72	00:10:42 --> 00:10:46	chart. And some of you are surprised. Like, how did that happen? Where did you
73	00:10:46 --> 00:10:56	get that information from? Alright, so we are inside this city here, and let's
74	00:10:56 --> 00:11:02	define it real quick. Here's your sell side. And somebody hear me like, oh, you
75	00:11:02 --> 00:11:07	know it's going to hit one of those levels, right? And the important factor
76	00:11:07 --> 00:11:16	is seeing which one they leave going into the 930 opening bell and or do they
77	00:11:16 --> 00:11:32	leave it in place after the initial run for liquidity? And we will do that now.
78	00:11:32 --> 00:11:37	We've had a nice drop this week, so it's reasonable for it to see a return back
79	00:11:37 --> 00:11:43	into some intermediate term buy side, especially with the non primary payroll.
80	00:11:49 --> 00:11:56	Okay? So what I teach my students to do is frame out 15 minute highs and lows
81	00:11:56 --> 00:12:03	that are key relative equal highs by side. This one here. We do have, you
82	00:12:03 --> 00:12:07	know this, but I don't like that so much because we already hit this lower low,
83	00:12:07 --> 00:12:12	and we've already met the objective I had for this week, which was that August
84	00:12:12 --> 00:12:16	13 daily fair value got low. And you can go back and listen to my commentary.
85	00:12:16 --> 00:12:20	Look at what I was explaining on Caleb's channel, and the things that was
86	00:12:20 --> 00:12:25	mentioning during the live streams on this channel. We were looking for lower
87	00:12:25 --> 00:12:32	prices, and I wanted to see it get down into that 18,007 65.25 level. For the
88	00:12:32 --> 00:12:35	folks that said you got two screens recording, just turn the trade on. Go.
89	00:12:35 --> 00:12:40	You do it. You get into the high. You get in at the high, and you hold for the
90	00:12:40 --> 00:12:44	low. Do it on an execution. I don't, I don't care if it's a demo. Do it? Bet
91	00:12:44 --> 00:12:55	you can. Salty boys, all right, so here we got it. This is nonprofit. You want
92	00:12:55 --> 00:13:01	to trade that? You want to trade that? Ooh, that's right, baby. Right to the
93	00:13:01 --> 00:13:08	buy side. I didn't like this one. This one's the one I liked. Now, if you think
94	00:13:08 --> 00:13:11	that you're going to trade these types of moves, if you think that's going to
95	00:13:11 --> 00:13:14	happen and you're going to be able to get in there, and they're just going to
96	00:13:14 --> 00:13:18	let you ride it and you're going to get out, you're not even going to get out
97	00:13:18 --> 00:13:22	here, it's happening so fast, and your broker is not allowing you the
98	00:13:22 --> 00:13:28	execution. Every broker pulls their their engagement because they know that
99	00:13:28 --> 00:13:31	people are going to do what they're going to over leverage, just like
100	00:13:31 --> 00:13:35	everybody does with these funded accounts, they over leverage. They link
101	00:13:35 --> 00:13:39	20 accounts, 30 accounts, or whatever the maximum is, and they go for broke.
102	00:13:39 --> 00:13:44	They try to trade as much as they can be allowed to do by the funded account
103	00:13:44 --> 00:13:47	company, because they think it's the lottery, and they know they can't trade
104	00:13:47 --> 00:13:51	well, so they're trying to get lucky on one big move. So when do they know
105	00:13:51 --> 00:13:57	markets move around a lot, Non Farm Payroll, FOMC, CPI, ppi, and they
106	00:13:57 --> 00:14:03	gamble. So brokers know that. They know that, so they're going to pull the
107	00:14:03 --> 00:14:09	opportunity away from you. That's not a lack of liquidity for the sake of buying
108	00:14:09 --> 00:14:13	and selling. There's a lot of people want to buy and sell, I promise you,
109	00:14:13 --> 00:14:19	they all want to buy and sell, but your brokers collectively are not allowing
110	00:14:19 --> 00:14:25	them to do that. So that's why you have this illusion, okay, of lack of
111	00:14:25 --> 00:14:30	liquidity. They call illiquidity, illiquidity, okay? Or illiquid markets.
112	00:14:31 --> 00:14:36	Now there's absolutely liquidity there, but the brokers are not going to allow
113	00:14:36 --> 00:14:43	themselves to see people go in and just run roughshod on them, because some
114	00:14:43 --> 00:14:49	brokers be book, and when they be book, these same people that they're usually
115	00:14:49 --> 00:14:54	taking the money from, they might get lucky that day on a heavy handed bet,
116	00:14:54 --> 00:14:58	and they're not opening themselves up. It's just like Casino. They're the house
117	00:14:58 --> 00:15:02	has the edge. They're not trying to let a cow. Counter come in there and do what
118	00:15:02 --> 00:15:07	a card counter does. So what I like about the Non Farm Payroll is it gives
119	00:15:07 --> 00:15:14	me a clue, sometimes, not all the time, where it may want to trade to at 930
120	00:15:15 --> 00:15:18	now, how can I use the information that's been presented here? This is kind
121	00:15:18 --> 00:15:22	of like what I'm teaching my students over the years where we're watching Non
122	00:15:22 --> 00:15:26	Farm Payroll. I'm not telling them what to do. Okay, nobody's trying to position
123	00:15:26 --> 00:15:30	ahead of it. But while we did have relative equal lows here, the fact that
124	00:15:30 --> 00:15:35	we took this low below that one that already indicated that this one was more
125	00:15:35 --> 00:15:38	likely. That's why I said I don't like this one so much. This one is
126	00:15:38 --> 00:15:43	reasonable. Why? Because we've already traded down to that daily fair value gap
127	00:15:43 --> 00:15:48	low on August 13. So it's reasonable for it to try to go back and run up against
128	00:15:49 --> 00:15:53	the trail buy stops, which would be here is a 15 minute time frame. It's a
129	00:15:53 --> 00:16:01	bellwether time frame. So having like FOMC, ppi, CPI numbers, any kind of big,
130	00:16:01 --> 00:16:07	high impact news, driver, event, I just realized I didn't check my audio crap.
131	00:16:10 --> 00:16:15	Man, I'm just gonna go with it. I'm trusting that you guys can hear me. I
132	00:16:15 --> 00:16:22	don't have my phone either. Jeez, ICT, you're supposed to be a professional. I
133	00:16:22 --> 00:16:25	gotta, I have to make sure before I go into because I don't want to review that
134	00:16:25 --> 00:16:28	trade and then realize I don't have the audit. So give me a minute. Okay, give
135	00:16:28 --> 00:16:29	me A Second.
136	00:16:42 --> 00:17:58	You Oh, here Ross Cameron, wow, the most comprehensive dating course according to
137	00:17:58 --> 00:18:04	Investopedia. Thanks, Ross, alright, so let's see, yep, I hear myself jogging
138	00:18:04 --> 00:18:12	now. Yeah, four seconds delay. Very good, very good. Alright. So anyway,
139	00:18:12 --> 00:18:19	back to the this carnival like atmosphere, the the 15 minute time
140	00:18:19 --> 00:18:23	frame. Okay, you really want to warm up to that time frame. That's the reason
141	00:18:23 --> 00:18:27	why I took Caleb's attention to that's like his high time frame outside of a
142	00:18:27 --> 00:18:33	daily chart. Obviously, his high time frame is not an hourly chart, it's not a
143	00:18:33 --> 00:18:36	four hour chart, it's just the 15 minute time frame. Then we can drop down to a
144	00:18:36 --> 00:18:40	five minute chart. You can drop down to a one minute chart, or sub one minute
145	00:18:40 --> 00:18:49	chart. And if we can appreciate the level of interest around stops that are
146	00:18:49 --> 00:18:53	above the marketplace or below the marketplace, the 15 minute does a really
147	00:18:53 --> 00:18:56	good job of highlighting where they're obviously going to be resting. Now, you
148	00:18:56 --> 00:19:00	don't need a book map. You don't need any kind of like, you know, application
149	00:19:00 --> 00:19:04	or app. And I know there's some people out there that have created them, and or
150	00:19:04 --> 00:19:07	are building new ones, because there's a lot of interest around liquidity now,
151	00:19:07 --> 00:19:12	because of the stuff coming out, and the way I teach how to attack it, and it's,
152	00:19:13 --> 00:19:18	it's framed in a way that seems mysterious, okay, and, and sometimes,
153	00:19:18 --> 00:19:22	admittedly, I probably, in very early stages created this air of mystery
154	00:19:22 --> 00:19:26	around how liquidity is in the marketplace and how you have to seek it.
155	00:19:27 --> 00:19:31	But I've never been ambiguous about where it is, and I teach how to find it
156	00:19:31 --> 00:19:38	and how to look for it, and then, based on how that liquidity is engaged, helps
157	00:19:38 --> 00:19:41	you frame out a narrative, helps you determine what the market is likely to
158	00:19:41 --> 00:19:44	do next, because that's really what we want to do. As a trader, we want to know
159	00:19:44 --> 00:19:50	where is the market going next, and how can you be best positioned to capitalize
160	00:19:50 --> 00:19:57	on that change in price, if it's moving higher or lower and or avoid being wrong
161	00:19:57 --> 00:20:03	More times than not. So that's kind of like what. Essence or pursuit of a
162	00:20:03 --> 00:20:10	trader is in managing the risk along the way. So a 15 minute time frame Caleb is
163	00:20:10 --> 00:20:16	your Bellwether chart for determining where the obvious, clear pools of
164	00:20:16 --> 00:20:20	liquidity that the algorithm will refer to for that individual daily range.
165	00:20:21 --> 00:20:26	Okay, so what happens if I was going to keep this for the book about this? I'll
166	00:20:26 --> 00:20:29	just drop it because I didn't do a live stream yesterday, so I'll give you a
167	00:20:29 --> 00:20:36	little bit extra today. What happens if you can frame a pool of liquidity like
168	00:20:36 --> 00:20:39	we did here? We outlined it real quick. Didn't take long, did it didn't take
169	00:20:39 --> 00:20:47	long, 15 minute relative equal highs here and this low here. And I mentioned
170	00:20:47 --> 00:20:52	that the stark contrast was that this low was taken slightly lower than that
171	00:20:52 --> 00:20:58	one, and then going into the Non Farm Payroll. While these two may be viewed
172	00:20:59 --> 00:21:02	by someone else, they may say, Look at this. This is relative equal lows,
173	00:21:02 --> 00:21:09	because it's so close to that low here. If I ever see this one or something
174	00:21:09 --> 00:21:15	similar to this, that low being taken like that, it's already done enough to
175	00:21:15 --> 00:21:20	tip its hand saying, okay, at the time of that high impact news driver, FOMC,
176	00:21:20 --> 00:21:28	ppi, CPI, non farm, payroll, like today I'm going to elect to anticipate. Let's
177	00:21:28 --> 00:21:32	say it that way. Okay, because I don't want you taking what I'm saying and
178	00:21:32 --> 00:21:35	saying, Oh, he's giving me that secret Nudge, nudge and link, wink, to take a
179	00:21:35 --> 00:21:42	long trade when it doesn't No, no, but it does encourage a new startup or a new
180	00:21:42 --> 00:21:46	student when they can see these big flash moves that take place, how you can
181	00:21:46 --> 00:21:49	anticipate where they're likely they're not, you're not going to be right all
182	00:21:49 --> 00:21:51	the time. Okay, I'm not right all the time when it comes to these big events,
183	00:21:51 --> 00:21:55	okay, I have to wait, because I'm not going to put money up against something
184	00:21:55 --> 00:22:00	that's uncertain. Just as well as I mentioned that I didn't like this one
185	00:22:00 --> 00:22:05	here, and this one was more favorable for a run for Non Farm Payroll. It could
186	00:22:05 --> 00:22:08	just as easily gone down wipe this one then went up there. Okay, so that's what
187	00:22:08 --> 00:22:14	I'm about to explain to you. If you can frame on your 15 time frame, where the
188	00:22:14 --> 00:22:18	obvious pools of liquidity for buy side, which is here, above relative equal
189	00:22:18 --> 00:22:23	highs, and the sell side below relatively cool loads, if you can
190	00:22:23 --> 00:22:27	identify them both. And you should be able to do that over time by doing it
191	00:22:27 --> 00:22:30	every single day. This is what you should be doing. Also every section of
192	00:22:30 --> 00:22:35	your journal, log entry, Caleb, it should have your 15 minute time frame
193	00:22:36 --> 00:22:40	annotating at the beginning of 930 where the 15 minute pulls in the quarterly
194	00:22:41 --> 00:22:44	are, because that's, that's your Bellwether on the daily range, because
195	00:22:44 --> 00:22:49	it's going to give you every piece of information that I'm going to help build
196	00:22:49 --> 00:22:52	on before we close this live stream out today, when I review the trade I took
197	00:22:52 --> 00:22:56	yesterday that carried over in today. And no, it's not technically the fifth
198	00:22:56 --> 00:23:00	of September, because the execution that closes the trade occurred today. So the
199	00:23:00 --> 00:23:05	live execution is, it's not a profitable endeavor until the trade is closed,
200	00:23:05 --> 00:23:10	right? So the execution is September 6, not the title of the video should be
201	00:23:10 --> 00:23:18	September 5. So if we can frame the idea of buy side and sell side on the 15
202	00:23:18 --> 00:23:23	minute time frame, what happens if the market at a high impact or maybe even
203	00:23:23 --> 00:23:29	medium impact, news driver on economic calendar, like Forex, factory, com,
204	00:23:29 --> 00:23:37	econo day. I wonder if I don't know, leave a comment in the in the post I
205	00:23:37 --> 00:23:42	just made on my community tab and or, if you're a private student, you know how
206	00:23:42 --> 00:23:47	to get ahold of me that way. Does does training view have a calendar like I
207	00:23:47 --> 00:23:51	don't, I don't know, but if they don't have one, they should do one. But
208	00:23:51 --> 00:23:56	whatever economic counter you use, if it's one of the ones I just mentioned
209	00:23:56 --> 00:24:00	here, I interchangeably use two econo days, what I've been using since the
210	00:24:00 --> 00:24:08	90s. And then you have the the Forex factory, one which I got used in
211	00:24:08 --> 00:24:13	accustomed to using when I was teaching primarily, primarily Forex. But you want
212	00:24:13 --> 00:24:17	to look for the medium or high impact news events. I don't care about the
213	00:24:17 --> 00:24:21	yellow or the the very low impact news drivers. I don't care so much about the
214	00:24:21 --> 00:24:30	speeches. I do care about fit chair. I do care about bond auctions. I do care
215	00:24:30 --> 00:24:38	about only the US stuff. Now, if I'm trading Forex, which I don't know, I no
216	00:24:38 --> 00:24:41	longer trade Forex, and then all of you are upset right now because, like, you
217	00:24:41 --> 00:24:44	don't talk about force anymore. I hate you. You want to break up with me now.
218	00:24:45 --> 00:24:50	The the same things I'm teaching here, they work in forex. The problem is, is
219	00:24:50 --> 00:24:55	Forex right now is being strangled. Okay? There's so many things going on in
220	00:24:55 --> 00:25:03	the monetary system that there isn't a lot of. Placement going on. So you need
221	00:25:03 --> 00:25:08	huge flows coming into those those pairs, those those currencies, to create
222	00:25:08 --> 00:25:16	this disparity. And because the dollars being basically demolished, everyone's
223	00:25:16 --> 00:25:21	trying to determine what's the best play going forward. And that's the reason why
224	00:25:21 --> 00:25:25	I backpedaled away from it, because we're going to see a big, huge like a de
225	00:25:25 --> 00:25:29	pegging with the euro and the Swiss franc. Was years ago. If you've never
226	00:25:29 --> 00:25:34	seen what that was, do a do a search on YouTube for documentaries about because
227	00:25:34 --> 00:25:40	brokerage firms, large institutions, were completely wiped out instantly that
228	00:25:40 --> 00:25:46	day. So I know that that's coming. I don't know which currency it's going to
229	00:25:46 --> 00:25:51	be. It may be the dollar, it may be another currency, but everyone that's in
230	00:25:51 --> 00:25:56	forex, when that happens, they're going to get crushed immediately, gone,
231	00:25:57 --> 00:26:00	dusted, and you're going to owe more money than you ever made in your life.
232	00:26:00 --> 00:26:04	Okay? Because that's how it is. It's like you're done, you'll be liquidated,
233	00:26:05 --> 00:26:12	you're you're pink mist in the air gone. So that's why I backpedal back to
234	00:26:13 --> 00:26:18	commodities and futures trading. This is where I cut my teeth in 1992 november 5,
235	00:26:18 --> 00:26:24	1992 that's where I started. So while Forex was fun, forex is not my thing
236	00:26:24 --> 00:26:31	anymore. Okay, so I'm glad that there's been this big shift away from Forex, and
237	00:26:31 --> 00:26:35	now folks that are wanting to be traders, they take their finances a
238	00:26:35 --> 00:26:38	little bit more serious. They're not in their gunslinging, trying to trade with
239	00:26:38 --> 00:26:43	$25 accounts and try to turn them into $1,000 in a month. Crazy stuff. Crazy,
240	00:26:43 --> 00:26:45	crazy, crazy stuff, trading with
241	00:26:47 --> 00:26:50	fake brokers, basically, okay, it's really what you're mostly dealing with
242	00:26:50 --> 00:26:54	these, with these Forex guys out there. When you're trading futures, you're
243	00:26:54 --> 00:26:59	trading a real market with real buying and selling interests. Okay, and
244	00:26:59 --> 00:27:05	billions of dollars are on the on the line, where it's a it's a gentleman's
245	00:27:05 --> 00:27:09	market, okay? And I say that because Forex, you're all going to get a
246	00:27:09 --> 00:27:12	different high, you're all going to get a different opening price. You're all
247	00:27:12 --> 00:27:16	going to get a different close, because you're dealing with brokers that are
248	00:27:16 --> 00:27:22	given the freedom to screw you in futures, everyone has the same high
249	00:27:22 --> 00:27:26	tick, everyone has the same low tick, and everyone has the same opening price
250	00:27:26 --> 00:27:31	and the same closing price. It's a level playing field. That's why professionals
251	00:27:31 --> 00:27:36	will trade this market over Forex. That's the reason why, when you afford a
252	00:27:36 --> 00:27:43	broker or the clearing firm that you're using to to execute your trades on. You
253	00:27:43 --> 00:27:46	are signing the agreement when you open up an account that they can open and
254	00:27:46 --> 00:27:50	close, and there the spread is at any time they want. It's at their discretion
255	00:27:50 --> 00:27:54	when they're going to do it. And then you wonder why your take profit doesn't
256	00:27:54 --> 00:27:59	get hit, or your stop gets hit. But then it runs. It's going to happen more times
257	00:27:59 --> 00:28:03	in forex than it will happen in futures. Now it doesn't mean that you can't be
258	00:28:04 --> 00:28:09	taken out and swiped with a stock hunt in futures, but the difference is, the
259	00:28:09 --> 00:28:14	contrast is, you were really wrong. If it happens in futures, and that's good,
260	00:28:15 --> 00:28:20	you want to know if you're wrong, okay, but in forex, you have this wide degree
261	00:28:20 --> 00:28:26	of disparity between all brokerage and that, to me, is a little scammy. Okay,
262	00:28:26 --> 00:28:33	so if they are going to cannibalize their own clientele, would you choose
263	00:28:33 --> 00:28:39	the trade in that? Would you rather swim in the pond full of crocodiles or get
264	00:28:39 --> 00:28:44	into a pond that's far enough that affords you the time to get the hell out
265	00:28:44 --> 00:28:49	of there. If that one single hippo is at the far end of it, and you've been
266	00:28:49 --> 00:28:52	watching the whole time, that's what futures is. There's, there's a hippo in
267	00:28:52 --> 00:29:00	this water, okay? And hippos, they kill more than crocodiles a year, but you got
268	00:29:00 --> 00:29:08	one shot, one chance to screw it up here in futures, in forex, you have so many
269	00:29:08 --> 00:29:13	things that can go awry and go against you that are outside your control. You
270	00:29:13 --> 00:29:16	may not even see it happening or even understand that it's happening. So
271	00:29:16 --> 00:29:18	that's why I've migrated away from that, because now the climate is
272	00:29:18 --> 00:29:25	geopolitically primed for some major financial meltdown, and it's going to be
273	00:29:25 --> 00:29:29	in the currencies. The currencies are going to get crushed, and it's not going
274	00:29:29 --> 00:29:33	to be something that you can trade. Look at the Swissy and the euro de pegging,
275	00:29:33 --> 00:29:36	okay? And you'll see exactly what I'm talking about. It's one second, it's
276	00:29:36 --> 00:29:40	there, and then it's immediate, the game over, like it's it's game over,
277	00:29:40 --> 00:29:46	instantaneously, boom, it's gone. You don't have anything left. And literally,
278	00:29:46 --> 00:29:50	brokerage firms, large institutions, were completely crushed. So I'm
279	00:29:50 --> 00:29:53	answering this because I'm still getting questions. Why I'm not talking about
280	00:29:53 --> 00:29:56	forex, because if I talk about forex, I know, but my influence is going to have
281	00:29:56 --> 00:30:00	people doing what I want to trade Forex. I want to do what ICT is doing. I don't
282	00:30:00 --> 00:30:05	do this. I want to do that. I'm not in forex. I don't have a penny in forex,
283	00:30:05 --> 00:30:12	zero, zilch, nada. No broker holds any money in forex. For me, none, not one.
284	00:30:13 --> 00:30:19	In futures, you have reputable brokers. You have the same price. Everybody sees
285	00:30:19 --> 00:30:23	the same thing. It's a level playing field, and it's a professional
286	00:30:23 --> 00:30:27	gentleman's market. That means, yes, there's manipulation, but it's not like
287	00:30:27 --> 00:30:32	a wild wild west, like, like Forex is okay, and it's not likely to have the
288	00:30:32 --> 00:30:36	same thing happen to it, even if there is something in the currency mark there
289	00:30:36 --> 00:30:41	will, there will be shock waves in futures as a result of that. But I would
290	00:30:41 --> 00:30:46	be better equipped mentally and psychologically to weather any
291	00:30:46 --> 00:30:53	adversities while trading futures versus Forex. So there's your answer for
292	00:30:53 --> 00:30:57	everybody's been asking. Why you keep talking about stuff? Nobody asked you.
293	00:30:57 --> 00:31:01	You don't know who's asking me anything, bro. So we're back up into new day,
294	00:31:01 --> 00:31:05	opening gaps in that beautiful so we traded all the way back up to the buy
295	00:31:05 --> 00:31:09	side, which was favored over this because of that little, tiny, little
296	00:31:09 --> 00:31:15	tick below that. But what happens if it runs both sides ahead of 930 like
297	00:31:15 --> 00:31:19	saying, say, for instance, it opened here at 830 it traded down, hit the sell
298	00:31:19 --> 00:31:23	side first, and then ran up, hit the buy side, if it would do that, and then keep
299	00:31:23 --> 00:31:28	the range, whatever this, you know, say that that high right here, say stays
300	00:31:28 --> 00:31:33	intact. And then we march to 930 and it doesn't make a higher high, and it
301	00:31:33 --> 00:31:37	doesn't go below here, if it did both sides of I'm sorry I said something
302	00:31:37 --> 00:31:41	wrong. If it would have taken sell side first. And then when I printed the buy
303	00:31:41 --> 00:31:47	side, and the range that was defined by that stays intact all the way till 930
304	00:31:48 --> 00:31:55	What that indicates is we have a 50, we have a 5050, chance that the market's
305	00:31:55 --> 00:32:02	going to stay inside that range and not go down and take The low out again. But
306	00:32:02 --> 00:32:07	what happens if it does this, it fails to take out that sell side, takes out
307	00:32:07 --> 00:32:12	the buy side, and then doesn't rip and keep going and crushing speed going
308	00:32:12 --> 00:32:16	higher, like if it just hangs around and creates a little bit like retracement
309	00:32:16 --> 00:32:21	back into the first fair a gap on Thursday, because that's what this blue
310	00:32:21 --> 00:32:25	line is here. I had to throw that little lipstick annotation on because I didn't
311	00:32:25 --> 00:32:28	want to create anything over here because the text wouldn't show up. So I
312	00:32:28 --> 00:32:32	had to type it in like that. So I had to make sure the recorded trade had
313	00:32:32 --> 00:32:36	everything on the chart. So I usually don't like to annotate that way. But if
314	00:32:37 --> 00:32:42	it stays the way it is right here, and we didn't take out the sell side. It
315	00:32:42 --> 00:32:45	means that we could flirt with trying to make an attempt to go back down here,
316	00:32:45 --> 00:32:49	but I would expect it to fail, and then everybody would want to chase it going
317	00:32:49 --> 00:32:54	lower. And then they would do something that's like this, after 930 going into
318	00:32:54 --> 00:33:01	10 o'clock, 1130 and then closing somewhere in the middle of the high end
319	00:33:01 --> 00:33:08	of the daily Fairbank app on August 13. So it gives you at least something to
320	00:33:08 --> 00:33:12	work with, initially, to frame some kind of a narrative. And I know what I just
321	00:33:12 --> 00:33:16	explained to you for the very, very brand new students that are coming to
322	00:33:16 --> 00:33:21	me, it's a little advanced, but it's okay, because you're seeing the outline
323	00:33:21 --> 00:33:24	things day after day, and when I'm talking about the higher Time Frame
324	00:33:24 --> 00:33:29	charts where the price should reach to, what should it gravitate to over time
325	00:33:29 --> 00:33:32	being exposed to that a lot of the questions that you have right now that
326	00:33:32 --> 00:33:35	you think are paramount, that you can't sleep unless you figure the answers out
327	00:33:35 --> 00:33:40	right now, I promise you, if you just write those questions down in your study
328	00:33:40 --> 00:33:45	journal. Just relax. The days that you have those questions come up, write them
329	00:33:45 --> 00:33:48	down and leave space for the answer, because eventually, when you get to
330	00:33:48 --> 00:33:53	another video, do you watch by me or a live stream, I'll cover something. But
331	00:33:54 --> 00:33:58	obviously I there so many of you that are watching. I know most of what you're
332	00:33:58 --> 00:34:01	going to ask me anyway, and most of those things are already answered in the
333	00:34:01 --> 00:34:05	old content that's on my YouTube channel, all the old lectures, they're
334	00:34:05 --> 00:34:10	not stale. They don't they don't stop working because they're years old. All
335	00:34:10 --> 00:34:15	the stuff that I taught in 1996 are still they're still happening right now,
336	00:34:15 --> 00:34:21	and you're talking about the algorithm changing. Come on, now. So 15 minute
337	00:34:21 --> 00:34:27	time. Time Frame Caleb is what you want to focus on. Early on, I expect Caleb to
338	00:34:27 --> 00:34:31	have the wrong buy side and sell side annotated. It's it's normal for that to
339	00:34:31 --> 00:34:37	happen. I want him to mess it up so that way I can show him what he's doing wrong
340	00:34:37 --> 00:34:41	and where the right one is. That way, if you're doing similar things, you will
341	00:34:41 --> 00:34:46	have that experience of, oh, yeah, I probably was thinking the same thing, if
342	00:34:46 --> 00:34:49	you're even doing it at all. That's why it's important before you watch anything
343	00:34:49 --> 00:34:56	that appears on Caleb's channel, you do it first in your own charts. Okay?
344	00:34:56 --> 00:35:01	Because that way it's like the same experience by me. Showing you mine. I'll
345	00:35:01 --> 00:35:04	show you what my charts look like the end of the day. This is my annotations.
346	00:35:04 --> 00:35:07	This is how you should have your charts marked up. These are the observe
347	00:35:07 --> 00:35:12	observations that you should have, in my opinion, based on what I believe you as
348	00:35:12 --> 00:35:16	the audience members, specifically Caleb, my son, you should be focusing on
349	00:35:16 --> 00:35:20	right now. It does not mean it encapsulates every possible thing that
350	00:35:20 --> 00:35:24	I've ever taught on it just means that as a beginning basis point, like, if
351	00:35:24 --> 00:35:28	you're brand new, you want to know how to start, this is how you start the 2024
352	00:35:28 --> 00:35:33	mentorship. And then watch what I'm doing over my son's channel for the next
353	00:35:33 --> 00:35:37	couple weeks, it'll be primarily me talking, and then, because he's seen
354	00:35:37 --> 00:35:44	enough examples of it, he can ask me pertinent questions that are useful
355	00:35:44 --> 00:35:50	Otherwise, otherwise. Right now, if I sit with him and he says, Alright, Dad,
356	00:35:50 --> 00:35:54	what about this? And what about that? They're infantile questions, and they're
357	00:35:54 --> 00:35:59	best suited to be answered just by going through the process of me watching, you
358	00:35:59 --> 00:36:05	know, the next couple weeks, reviewing, doing the screenshots for his journal,
359	00:36:05 --> 00:36:09	and then he's going to try to, in his best effort, try to replicate that on
360	00:36:09 --> 00:36:13	his own, and it probably won't be as clean, crisp, and it's going to get in
361	00:36:13 --> 00:36:18	my mirrors, because I'm OCD, but you are looking at those charts, what They are
362	00:36:18 --> 00:36:20	documenting are important to you.
363	00:36:22 --> 00:36:26	I'm watching this over here, so I'm looking at this little section of price
364	00:36:27 --> 00:36:33	action. See how we went. We went down, up, and then now down. So there's this
365	00:36:33 --> 00:36:37	inefficiency right here. This is the only thing that I'm watching. If it
366	00:36:37 --> 00:36:43	really starts to make a move above that, then we'll probably be working towards a
367	00:36:43 --> 00:36:48	deeper retracement. Post 930 right now, it's just traded right back up in the
368	00:36:48 --> 00:36:51	middle area here. I don't think that that is a reason to stop price going
369	00:36:51 --> 00:36:55	higher, but that's just something I'm watching as I was talking to you. So 15
370	00:36:55 --> 00:36:59	minute time frame, there's your liquidity pools, and then you strip it
371	00:36:59 --> 00:37:07	down from the 15 minute time frame down into a five minute and levels that would
372	00:37:08 --> 00:37:14	be defined on this time frame, they're considered minor by side and sell side.
373	00:37:15 --> 00:37:19	Okay, so you have primary buy side and sell side on a 15 minute time frame, and
374	00:37:19 --> 00:37:23	that's going to give you your first parameters for framing out or fleshing
375	00:37:23 --> 00:37:30	out a a narrative for the session and or the daily range. So one of the things I
376	00:37:30 --> 00:37:35	like watching in other live streamers and other YouTube channels that are very
377	00:37:35 --> 00:37:38	upfront, and they tell you what they believe, what they think, their
378	00:37:38 --> 00:37:41	opinions, and some of them are actually executing on them. I'm thankful that
379	00:37:41 --> 00:37:46	they're willing to do that, because they they create pools of liquidity in
380	00:37:46 --> 00:37:51	sentiment, and it allows them when they when they get on their YouTube channel.
381	00:37:51 --> 00:37:56	And this is not enough against any individual YouTuber. I'm focusing on
382	00:37:56 --> 00:38:01	their audience, because that's what I'm watching. All they're doing is creating
383	00:38:01 --> 00:38:06	another watering hole. So when I'm watching all YouTubers, it's a watering
384	00:38:06 --> 00:38:10	hole. Animals are going to go out to that watering hole, and they're going to
385	00:38:10 --> 00:38:13	try to get a drink, and they're either chasing what this person's doing in the
386	00:38:13 --> 00:38:17	YouTube in their YouTube stream, which I don't ever there's nobody out there I
387	00:38:17 --> 00:38:23	want to follow. Not one, okay, but I like watching my students, but I like
388	00:38:23 --> 00:38:28	watching specifically a number of YouTubers that have a decent following,
389	00:38:28 --> 00:38:35	and their animation around a particular bias for the day if they think a certain
390	00:38:35 --> 00:38:38	level is going to be hit. And for instance, let's roll back in time. Let's
391	00:38:38 --> 00:38:43	just say right before 830 say it wasn't Non Farm Payroll, and we weren't going
392	00:38:43 --> 00:38:47	to have this fast run in price the way I just framed out the sell side and the
393	00:38:47 --> 00:38:52	buy side real time in front of you. I would have those same levels annotated
394	00:38:52 --> 00:38:55	the same way. It just means that it's likely to take a little bit longer to
395	00:38:55 --> 00:39:01	get to them, because it's not a Non Farm Payroll FOMC, CPI or PPI type event
396	00:39:01 --> 00:39:08	driving price right to it. So because that resource that we have in YouTube,
397	00:39:09 --> 00:39:16	it allows the folks to have a chat window and whatever, by watching the
398	00:39:16 --> 00:39:22	sentiment shifting. And if I see another YouTube channel that I watch, and I
399	00:39:22 --> 00:39:28	think that they have a very busy channel with chat. I love that, and I'm not
400	00:39:28 --> 00:39:33	engaging in their chat, but I'm sometimes I'll throw a bone out there to
401	00:39:33 --> 00:39:37	try to get some kind of like, if it's real dry and nobody's really chatting up
402	00:39:37 --> 00:39:40	anything that gives me any kind of sentiment reading, I'll make myself
403	00:39:40 --> 00:39:43	known in the chat, and then all of a sudden, Billy, big ass, you know, balls,
404	00:39:43 --> 00:39:46	or whatever you want to call it, guy wants to show everybody he's smart.
405	00:39:47 --> 00:39:51	He'll say something. And then that's what I'm looking for. I want the Joker
406	00:39:51 --> 00:39:56	to raise his head up, because as soon as he does that, somebody else is either
407	00:39:56 --> 00:39:59	going to say, No, I don't think that's going to happen, and in a wave of other
408	00:39:59 --> 00:40:02	people. People saying, Yeah, you're right. That's not right, or they'll
409	00:40:02 --> 00:40:09	support him. That's me manipulating that chat room. Okay? I'm, I'm creating some
410	00:40:09 --> 00:40:13	fluctuation, because I have to create disturbance. I'm, I'm act like a Judas.
411	00:40:14 --> 00:40:19	So I want their opinion. If I see predominantly, most of the people that
412	00:40:19 --> 00:40:23	I'm watching, sentiment wise, if they're saying they think it's going to go down,
413	00:40:23 --> 00:40:27	and I'm already seeing things like this low went lower than that one, and this
414	00:40:27 --> 00:40:31	one is relatively equal. See, there's this this high here didn't go above that
415	00:40:31 --> 00:40:35	high, even though these could be framed, if you're looking at that way, that
416	00:40:35 --> 00:40:39	would be a relative equal high. But this is high probability. Why? Because this
417	00:40:39 --> 00:40:42	high is lower than that one. Go back to what I was teaching you in the 2024
418	00:40:42 --> 00:40:46	contents. Four content so far. So this high over here is lower than that one.
419	00:40:47 --> 00:40:55	But you don't have that here, do you? You have this lower and then you got
420	00:40:55 --> 00:40:59	this one over here where it's just like it's already disturbed it it's disturbed
421	00:40:59 --> 00:41:07	that liquidity where here it's a little bit more blocky looking, where this is a
422	00:41:07 --> 00:41:14	wick. If this wick gets overtaken, like it does here, that means it took a real
423	00:41:14 --> 00:41:19	run on liquidity versus like how I treat a wick, I'll break that down into
424	00:41:19 --> 00:41:23	quadrants and, more specifically, the halfway point. If I see a wick like
425	00:41:23 --> 00:41:26	this, and we're above it, I want to see it trade down into the upper half of it,
426	00:41:26 --> 00:41:31	but not even go below the midpoint of it. But in this leg lower, it passed
427	00:41:31 --> 00:41:36	through that easily and spent time down there. What was it doing? It was
428	00:41:36 --> 00:41:43	accumulating. See, you don't have those signatures up here, it's more blocky, so
429	00:41:43 --> 00:41:47	that makes this a better candidate for a high impact or medium pack news driver,
430	00:41:48 --> 00:41:52	drawing to that. But if it's not a medium, I'm sorry, excuse me, if it's
431	00:41:52 --> 00:41:56	not a high impact news event, like the PPI number that comes out the CPI
432	00:41:56 --> 00:42:01	number, if a FOMC rate announcement comes out in the afternoon, two, 230 in
433	00:42:01 --> 00:42:05	the conference call, and then you have, like, a nonprofit payroll event here,
434	00:42:05 --> 00:42:11	excluding them everything else. If it's on economic calendar with a medium
435	00:42:11 --> 00:42:16	impact, I would expect that same type of thing unfolding here. It just would be a
436	00:42:16 --> 00:42:21	gradual trading up to that level for the buy side. Does that make sense? I know
437	00:42:21 --> 00:42:27	you can't answer me, but it's affording me the the moment where I framed where
438	00:42:27 --> 00:42:31	liquidity is, and then I'm actually getting a dynamic sentiment reading by
439	00:42:31 --> 00:42:37	people that have a vested interest in looking right on social media. Think
440	00:42:37 --> 00:42:42	about that. If they're going into these chat rooms, and they're trying to voice
441	00:42:42 --> 00:42:44	their opinion. It doesn't matter if they're right or wrong. Okay, that's
442	00:42:44 --> 00:42:48	not, that's not my point. The point is, is they're willing to to toss it out
443	00:42:48 --> 00:42:54	there in the ether, and I want to see how much traction it gains by anyone
444	00:42:54 --> 00:42:58	else in that chat room. That's how I'm using other youtubers streams. And if
445	00:42:58 --> 00:43:02	they start cheerleading the idea, oh, yeah, yeah. I like that idea. But my
446	00:43:02 --> 00:43:06	Target's a little bit past that. That's exactly what I want to hear. I want to
447	00:43:06 --> 00:43:09	hear that stuff like this, yeah. I want to see it go below that low here. I want
448	00:43:09 --> 00:43:13	to aim for 18,006 80, and then somebody else will come behind say, no, no, I'm
449	00:43:13 --> 00:43:20	looking for 660 bro. That's exactly what I'm looking for, because now I'm arm
450	00:43:20 --> 00:43:25	wrestling them as smart money against dumb money, street money. Okay, I'm not
451	00:43:26 --> 00:43:30	saying everybody in the everybody else's live stream is dumb money. I'm just the
452	00:43:30 --> 00:43:35	ones that are acting that way when I'm expecting this load not to be taken and
453	00:43:35 --> 00:43:42	this area here to be drawn to. What you have at that very moment is the purest
454	00:43:42 --> 00:43:50	form of sentiment at a very specific time where it's diametrically opposed to
455	00:43:50 --> 00:43:52	what the algorithm is going to do. Who do you think's going to win that?
456	00:43:55 --> 00:43:58	Who do you think's going to win that? Right?
457	00:43:59 --> 00:44:04	Come on. Now you know the answer. Dumb money is going to fall on the sword of
458	00:44:04 --> 00:44:10	smart smart money. Okay? And when we can see these, these tug of wars, these,
459	00:44:10 --> 00:44:15	these wars, if you will, between someone that's not informed. They're just
460	00:44:15 --> 00:44:20	impulsively trying to share an opinion for the purpose of looking right, smart
461	00:44:20 --> 00:44:25	money's not trying to be right. Smart Money is out there decapitating other
462	00:44:25 --> 00:44:30	large entities. That's what they're doing. That's what they do. The
463	00:44:30 --> 00:44:35	algorithm just delivers price. Smart Money engages with that algorithm, with
464	00:44:35 --> 00:44:38	their own high frequency trading algorithms, or discretionary trading,
465	00:44:38 --> 00:44:46	but they use the logic that I'm showing you here, so banks do not trade with
466	00:44:46 --> 00:44:52	what I'm showing you here. There's an entity outside of that. Okay, it's
467	00:44:52 --> 00:44:56	outside of that. They're not Goldman Sachs, because Goldman Sachs tells you
468	00:44:56 --> 00:45:00	you can't trade in time the market. Well, they're, they're really. Up with
469	00:45:00 --> 00:45:05	what I just did today. Two I'm doing every single day, proving where the
470	00:45:05 --> 00:45:09	marks are going to go next. And does it look like noise to you? Does it feel
471	00:45:09 --> 00:45:13	like you're confused as to, oh, it's too much noise going on these time frames.
472	00:45:13 --> 00:45:18	No. It's clarity, right? And it's encouraging. It encourages you to be
473	00:45:18 --> 00:45:23	able to say, hey, if this guy can do it, and he used to deliver pizza. Come on,
474	00:45:23 --> 00:45:26	man, I can do this if I apply myself. You just gotta give yourself some more
475	00:45:26 --> 00:45:30	time and effort. So if the 15 minute time frame buy side and sell side
476	00:45:30 --> 00:45:36	liquidity pools are defined, it gives you an initial context, and I will
477	00:45:36 --> 00:45:40	counsel you. And the live streamers will appreciate you by watching their streams
478	00:45:40 --> 00:45:47	too, because they'll get more views. But every big name YouTuber that follows the
479	00:45:47 --> 00:45:54	futures market, my advice is, quietly, respectfully in anonymity, start
480	00:45:54 --> 00:45:58	watching their chat windows, because I'm using that as the best sentiment
481	00:45:58 --> 00:46:03	indicator, because I know what I'm looking for. Technically, I'm looking
482	00:46:03 --> 00:46:07	for something to take place, to draw to a specific price level, to behave a
483	00:46:07 --> 00:46:11	certain way. And I have made that known to you since we started doing this
484	00:46:11 --> 00:46:16	mentorship. I told you every step of the way what I'm looking for. I'm using
485	00:46:16 --> 00:46:19	higher Time Frame charts to tell you what I think narrative wise, but
486	00:46:19 --> 00:46:23	intraday, I can trade both sides. It's not a problem to do that. But if we're
487	00:46:23 --> 00:46:29	looking for that low on August 13, on the fair value gap, which I'll take you
488	00:46:29 --> 00:46:32	up to chart in a second, that was where I wanted to see it trade down to this
489	00:46:32 --> 00:46:39	week, once it hits that, I'm done. I'm not personally looking for anything
490	00:46:39 --> 00:46:43	lower. Can it go lower? Absolutely can, but I'm not going to be on that. Why?
491	00:46:43 --> 00:46:49	Because I'm sailing into the weekend. I'm done. I let everybody else out here
492	00:46:49 --> 00:46:55	fight on Non Farm Payroll Friday to find something to make money on when I just
493	00:46:55 --> 00:47:02	destroyed it. Godzillas, the tonic breath, boom, gone nuclear waste now,
494	00:47:02 --> 00:47:07	and everybody else is trying to find scraps to eat. I'm out the door. I'm
495	00:47:07 --> 00:47:13	out. I've already done enough damage. I don't need to do anything else. So I'm
496	00:47:13 --> 00:47:18	walking back out to the ocean. Find myself in my Godzilla layer, right? So
497	00:47:18 --> 00:47:23	if, and it's always some kind of movie, movie analogy. That's how my brain
498	00:47:23 --> 00:47:28	works, man. So when we drop down from a 15 minute time frame to a five minute
499	00:47:28 --> 00:47:31	chart, then you start seeing smaller pools of liquidity. And what would that
500	00:47:31 --> 00:47:37	look like? Well, inside of this low, in this high, that's your range. So if we
501	00:47:37 --> 00:47:43	think by dividing up the characteristics that the buy side liquidity pool has, in
502	00:47:43 --> 00:47:47	contrast to what the sell side the fact that this wick was overtaken, that, to
503	00:47:47 --> 00:47:52	me, is more indicative of this was a real stop hunt, versus this blockiness.
504	00:47:52 --> 00:47:58	Okay, it's just real smooth compared to this. Would you agree this is a little
505	00:47:58 --> 00:48:04	bit more jagged, more piercing, versus all of this blockiness. So this is more
506	00:48:04 --> 00:48:09	likely to be drawn to on the basis of just the way that price printed it. Then
507	00:48:09 --> 00:48:13	you add to it. What day of the week is it? It's Friday. What direction
508	00:48:13 --> 00:48:18	primarily has this week been doing? Does it be going up all week because of it
509	00:48:18 --> 00:48:21	going down all week? Clearly, it's been going down all week. We had a big old
510	00:48:21 --> 00:48:25	Tuesday drop down. Okay, the first part of the morning, I wasn't part of that,
511	00:48:26 --> 00:48:29	but I smashed it in the afternoon, and then you then you watched what I did
512	00:48:29 --> 00:48:33	yesterday and today. So I don't need to be in there every day. I knew how to
513	00:48:33 --> 00:48:39	catch up. I had to fill in the gaps of days where I wasn't participating in
514	00:48:39 --> 00:48:44	because I will let the market tell me what it wants to do. I want the setup to
515	00:48:44 --> 00:48:50	come to me as I'll indicate when we break down that trade. But you you have
516	00:48:50 --> 00:48:56	to look at price and discern, discern when you're going to engage, when you're
517	00:48:56 --> 00:49:02	not going to engage, and once you have that 15 minute time frame defined. This
518	00:49:02 --> 00:49:09	is your dealing range. This is your high and this is your low. What is the daily
519	00:49:09 --> 00:49:13	range and or specifically, what's the morning session going to do with that
520	00:49:13 --> 00:49:17	range? Is it going to stay inside of it, or is it going to trade just outside the
521	00:49:17 --> 00:49:22	low of it? Or is it going to trade just outside the high of it, is it going to
522	00:49:22 --> 00:49:26	run both sides first? And if it's going to run both sides, which side does it
523	00:49:26 --> 00:49:31	run first? In this case, it ran the device side. But it stacks the odds
524	00:49:31 --> 00:49:37	against this being a prolonged move lower for me personally, because it's
525	00:49:37 --> 00:49:42	Friday, it's fulfilled my high time frame daily objective by going into that
526	00:49:42 --> 00:49:45	August 13 daily low, fair value got low. And that sounds like a whole lot of
527	00:49:45 --> 00:49:49	mumbo jumbo, but when we go back to the daily chart, you're going to see exactly
528	00:49:49 --> 00:49:52	what I'm talking about. It's going to make perfect sense. But this isn't going
529	00:49:52 --> 00:49:55	to be a long video, so it's going to be easy for you to watch a few times to get
530	00:49:55 --> 00:50:00	the the notes from it after the 15 minute time frames the. Find where you
531	00:50:00 --> 00:50:03	have both buy side, sell side, dropping down to a five minute chart, then you
532	00:50:03 --> 00:50:07	can start looking at things like this, where this is a high, slightly lower
533	00:50:07 --> 00:50:11	high, so these are relatively equal. You might not see it that way. That's what
534	00:50:11 --> 00:50:15	I'm teaching my son. The view it as so buy side is defined with this high here.
535	00:50:15 --> 00:50:18	What kind of high would that be? What kind of buy side specifically would that
536	00:50:18 --> 00:50:25	be? A minor by side liquidity pool. So you'd annotate like this.
537	00:50:30 --> 00:50:35	I already have presets, and I know it's Rashi nuts. You save so much time. I'm
538	00:50:35 --> 00:50:40	teaching I'm not trying to save time. I'm teaching you want your brain surgeon
539	00:50:40 --> 00:50:44	to go through the cliff notes, and then we'll be doing brain surgery on you. No,
540	00:50:44 --> 00:50:49	thanks, bro. I'm not doing that. I want the person that went through all of it
541	00:50:49 --> 00:50:54	the right way. So this way, it helps teach how people are to annotate,
542	00:50:55 --> 00:51:00	because there's always new students coming in top left, and I like 14 or 16,
543	00:51:00 --> 00:51:03	depending on what the troubles like. That's good for me. For good for them.
544	00:51:03 --> 00:51:07	So this is a, this is a minor buy side liquidity pool, okay? And then we have,
545	00:51:07 --> 00:51:13	again, right in here. See these, so that same thing, so we can highlight, not the
546	00:51:13 --> 00:51:17	edge of it, the highlight the the line. Hold down Control. Drag your mouse away
547	00:51:17 --> 00:51:21	from it. It'll copy it. And then you just put it on the higher of the two
548	00:51:21 --> 00:51:29	highs and extend that over. Okay, so you have a primary sell side liquidity pool,
549	00:51:30 --> 00:51:34	a primary buy side liquidity pool. What makes it primary? It's a 15 minute time
550	00:51:34 --> 00:51:38	frame dealing range, so that way it tells you what, what you are going to
551	00:51:38 --> 00:51:41	frame your session and or daily range around initially, because you have to
552	00:51:41 --> 00:51:45	have a starting point right. Where do I start? ICT, where do I start looking?
553	00:51:45 --> 00:51:50	This is what you start with. Okay, but that five minute chart will break down
554	00:51:50 --> 00:51:55	that range from this high down to that low, into smaller buy side and sell side
555	00:51:55 --> 00:52:00	liquidity pools. So what are we seeing here, inside this range? Primarily it's
556	00:52:00 --> 00:52:07	buy side, buy side. Okay, we have a lower run here below a wick. So that
557	00:52:07 --> 00:52:11	means this is a little bit more jagged. It's Friday. It's been going down all
558	00:52:11 --> 00:52:15	week. So which side is Non Farm Payroll, most likely not all the time. Not a
559	00:52:15 --> 00:52:18	panacea, not a be all, end all. It's always going to work this way, because
560	00:52:18 --> 00:52:22	ICT said, so is this my protocol? This is what I teach my students, that look
561	00:52:22 --> 00:52:27	at price like this, to anticipate where the market is likely to go. I do the
562	00:52:27 --> 00:52:32	same thing with ppi and CPI, and I sometimes, sometimes, and I'm talking
563	00:52:32 --> 00:52:38	about maybe 2% of the time get it right, but 98% of the time I'm wrong on CPI PPI
564	00:52:38 --> 00:52:42	numbers, initial delivery like this. So I'm trying to remind you, don't think
565	00:52:42 --> 00:52:46	that you're going to walk out there like John Lane and be like, it's over. You
566	00:52:46 --> 00:52:49	know, the Duke's here, and I own all this stuff. Now, this is my show, this
567	00:52:49 --> 00:52:52	new sheriff in town. You ain't gonna be able to pull that off. Okay? It's not
568	00:52:52 --> 00:52:55	gonna happen. Because if it could be done, I'd be doing it, and I'm not able
569	00:52:55 --> 00:52:59	to do it because no one knows what they're gonna do with that information.
570	00:52:59 --> 00:53:05	That information may be technically viewed historically as a positive, but
571	00:53:05 --> 00:53:08	they sink it aggressively lower, and then they'll make the excuse later on.
572	00:53:08 --> 00:53:11	Well, you know, they they priced in. You should have known better. They didn't
573	00:53:11 --> 00:53:15	have any articles saying that they were expecting that. But there's always some
574	00:53:15 --> 00:53:20	excuse in the news feeds that it was priced in, traders priced in this. And
575	00:53:20 --> 00:53:23	come on, if it ain't something you're going to tell me in advance, don't talk
576	00:53:23 --> 00:53:28	about it. Don't talk about it. Okay? So I don't care about what the raw data is.
577	00:53:28 --> 00:53:32	I don't care what the job number is. I don't care how many jobs are, are lost
578	00:53:32 --> 00:53:35	or created. I don't care about that stuff. Okay? Because they're all lies
579	00:53:35 --> 00:53:38	anyway. Everything about those data points, every single one of them, every
580	00:53:38 --> 00:53:44	single one of them, are all fake. They're all meant to stimulate the
581	00:53:44 --> 00:53:48	pockets of investors and large institutions. That's what they're there
582	00:53:48 --> 00:53:53	for. Okay, so it's like, it's like an illusion. It's a reason for you to have
583	00:53:53 --> 00:53:57	some other excuse to get in here and risk more of your money. That's what it
584	00:53:57 --> 00:54:01	is. So because I think about it like that, I don't go in with trying to
585	00:54:01 --> 00:54:04	decipher the fundamental aspects of it, because fundamentals have left the chat
586	00:54:04 --> 00:54:10	a long, long time ago, a long time ago. Soon as we left the 90s, fundamental
587	00:54:10 --> 00:54:17	analysis is now a joke because there's so much lies built into it you can't
588	00:54:17 --> 00:54:21	trust it. So it goes right back to where I started as a type of trader. The
589	00:54:21 --> 00:54:28	chart's going to tell you everything, everything. So if we start looking at
590	00:54:28 --> 00:54:30	that range, and we see there's a buy side here, there's a buy side here, in a
591	00:54:30 --> 00:54:37	five minute chart, we can see how these are treated in the the realm of how far
592	00:54:37 --> 00:54:40	we're going to reach back to that buy side, because we already determined that
593	00:54:40 --> 00:54:44	that's more likely. And you heard me say that before the nonprofit number
594	00:54:44 --> 00:54:50	releases, how we traded that first minor buy side. That's going to give you a
595	00:54:50 --> 00:54:56	clue. Okay, it trades up to a here, and then watch what it does. Jams down.
596	00:54:56 --> 00:54:59	What's that doing, taking out that short term low, but it is not going below that
597	00:54:59 --> 00:55:06	low. Beer. So as soon as this candle closes there, this one here is the next
598	00:55:06 --> 00:55:10	one that is considered. It trades above it right back down in and then rips
599	00:55:10 --> 00:55:17	through the buy side. You cannot trade this on nonprofit payroll. Release. You
600	00:55:17 --> 00:55:22	can't. You're not going to get filled or you're going to get slipped so bad. What
601	00:55:22 --> 00:55:29	is slippage? Slippage is you trying to buy it at, say, 18,008 45 and you get
602	00:55:29 --> 00:55:36	filled at 18,008 62 or higher, and but you want to have a stop loss somewhere
603	00:55:36 --> 00:55:42	down here, you now just were filled at a very unfavorable place, and now your
604	00:55:42 --> 00:55:47	risk is incurred in a much larger capacity than you initially wanted to
605	00:55:47 --> 00:55:52	take on if you even get a fill, you may not even get filled. I have tried very,
606	00:55:52 --> 00:55:59	very hard to try to be a cowboy in this individual day, and you would get
607	00:55:59 --> 00:56:03	requoted. Requote, requote, re quote, you're buying. You're trying to buy at
608	00:56:03 --> 00:56:06	the market. Bye bye bye bye, requ, requote, they're just keeping you from
609	00:56:06 --> 00:56:11	getting in. That's all that is. Okay. There's a lot of people out there that
610	00:56:11 --> 00:56:15	want to buy, but the brokers are stifling that. That's why I as soon as I
611	00:56:15 --> 00:56:22	see somebody out there, they have 50 contracts of of gold, or us, 500 US, 100
612	00:56:22 --> 00:56:27	okay? And they're showing they got 50 contracts or 50 lots, 50 lots, 50. And
613	00:56:27 --> 00:56:30	they should have empty four screenshots, and they're putting it up on the screen,
614	00:56:30 --> 00:56:35	and there's a whole well wall of that, and it's always after fact, and they're
615	00:56:35 --> 00:56:41	all up like 12,000 15,000 each one of them. They did not get filled on that.
616	00:56:41 --> 00:56:47	It did not happen. Okay, I promise you that did not happen. But they tricked
617	00:56:47 --> 00:56:51	themselves by doing that because it gives them a dopamine hit and it tells
618	00:56:51 --> 00:56:54	them subconsciously think about what should go you probably done this stuff
619	00:56:55 --> 00:57:00	showing social media what you did, right, gambling without real money
620	00:57:00 --> 00:57:04	behind it and no logic behind it. You want this the feeling of someone looking
621	00:57:04 --> 00:57:08	up to you. So what are you doing? Subconsciously, you're you're saying
622	00:57:09 --> 00:57:13	you're a scammer, you're a fraud. But I feel good about doing it, because the
623	00:57:13 --> 00:57:17	social media response that's given me, given to me because I I lay them
624	00:57:17 --> 00:57:21	breadcrumbs out there. What are they going to do? They're going to fluff you
625	00:57:21 --> 00:57:24	up, and that's going to keep you from doing what the work of actually learning
626	00:57:24 --> 00:57:29	how to do this. It's far more easier for other people to entertain themselves,
627	00:57:29 --> 00:57:32	because they know deep down inside they're not really trying to learn how
628	00:57:32 --> 00:57:35	to do this. They're not here to learn. Not all of you listening are here to
629	00:57:35 --> 00:57:38	learn. You hear something. You want to hear something so you can go into social
630	00:57:38 --> 00:57:41	media and talk about it and troll and be funny, but you're still going to work
631	00:57:41 --> 00:57:44	next Monday. You're going there. Okay, maybe you're working throughout the
632	00:57:44 --> 00:57:48	weekend with your second job. You gotta do what you gotta do, but I'm trying to
633	00:57:48 --> 00:57:52	teach you how to avoid having to do that. Even if you don't like me, you
634	00:57:52 --> 00:57:56	don't have to like me, but to sit down and take notes, because the things that
635	00:57:56 --> 00:58:00	I'm teaching are going to help you formulate an idea of how to attack price
636	00:58:00 --> 00:58:05	action and how to avoid certain instances where everybody else is going
637	00:58:05 --> 00:58:09	to rush they want to rush in here and capture these types of moves. I don't
638	00:58:09 --> 00:58:14	need that. Look what I just did. I don't need this day. I don't need to do that.
639	00:58:14 --> 00:58:19	I don't need a day trade. I can swing trade. I can position trade and get an
640	00:58:19 --> 00:58:24	extreme level high and extreme level low, and be content with that. And that
641	00:58:24 --> 00:58:28	could, that could have been my entire trade for the entire week, and never
642	00:58:28 --> 00:58:32	done anything else. And that's how I was trading. When I was trading Forex, I
643	00:58:32 --> 00:58:35	would look for those types of setups. I wasn't in there trying to do every
644	00:58:35 --> 00:58:39	little 15 minute movement. I didn't I don't care about that. You can do that.
645	00:58:39 --> 00:58:43	If that's what you want to do. You can do that, but that's just not my that's
646	00:58:43 --> 00:58:47	not my cup of tea. I don't want that. I want to be an area where I know I have
647	00:58:47 --> 00:58:53	the largest magnitude of the move on side that I'm trading on, and it's very
648	00:58:53 --> 00:58:57	forgiving, because that means, if I'm using precision elements to get me into
649	00:58:57 --> 00:59:03	a trade, and I'm trading at the highest level, where this move can start trading
650	00:59:03 --> 00:59:11	lower from and I'm going to show you how I did that. Okay? It allows me to sleep.
651	00:59:12 --> 00:59:16	It allows me to eat. When I was younger, I couldn't even eat. When I was in a
652	00:59:16 --> 00:59:21	trade, my stomach would be in a knot. I was in constant anxiety, constant
653	00:59:21 --> 00:59:26	stress, heart rate, crazy high like blood pressure. I'm sure it was off the
654	00:59:26 --> 00:59:29	chart, but I wasn't looking at those, those biometrics back then. I was just
655	00:59:29 --> 00:59:33	wanting just to survive the trade, let alone make money. I just want to
656	00:59:33 --> 00:59:36	survive. Can I just be in this trade a little bit longer than the last one?
657	00:59:36 --> 00:59:40	That's how it was when I was 20 years old, and you probably had that same
658	00:59:40 --> 00:59:44	feeling right now, but what changes over time is, as you start figuring out what
659	00:59:44 --> 00:59:48	is the better setups, and you're going to see that these better setups, they're
660	00:59:48 --> 00:59:54	not an everyday setup. They're not an everyday circumstance. There's one or
661	00:59:54 --> 01:00:01	two, maybe, maybe three a week, and I'm talking very few times you. Where a one
662	01:00:01 --> 01:00:07	shot one kill scenario where you get in, that's what the O S, o k is on my title,
663	01:00:07 --> 01:00:08	the video just posted,
664	01:00:09 --> 01:00:15	one shot one kill. That's a sniper e euphemism. It means they don't have a
665	01:00:15 --> 01:00:19	whole bag of bullets when they're out in the field. They have a very low amount
666	01:00:19 --> 01:00:24	of ammunition on them, because they have to crawl around a lot. They got to carry
667	01:00:24 --> 01:00:29	everything with them, and they're out there to take very surgical strikes. And
668	01:00:29 --> 01:00:33	my mindset as a trader is, I don't want to go out there with a machine gun and
669	01:00:33 --> 01:00:37	just start spraying everything and say, Okay, what fell? What did I get? Let's
670	01:00:37 --> 01:00:41	go see who I hit. That's not how you want to trade. But everybody does that.
671	01:00:42 --> 01:00:45	Everybody that starts out does that. The first time you go on tilt, that's
672	01:00:45 --> 01:00:50	exactly what you're doing. You put down your rifle and you say, You know what? I
673	01:00:50 --> 01:00:56	need my AK for this, and that's it. You just emptied your magazine. And you may
674	01:00:56 --> 01:00:59	not have hit anything, but you wasted everything that's in your magazine. They
675	01:00:59 --> 01:01:03	have no more ammunition, it's going and now you're defenseless, and then the
676	01:01:03 --> 01:01:08	market rolls over top you well, snipers mentality is he or she goes out into the
677	01:01:08 --> 01:01:12	field, and that's the week of the trading. And you're looking for these
678	01:01:12 --> 01:01:18	very specific conditions where the mark that is your setup in price action, the
679	01:01:18 --> 01:01:22	thing that you're going to trade on, the things that make a buy or sell for you,
680	01:01:22 --> 01:01:26	that's your premium rate. That's your little fair value gap. That's your
681	01:01:26 --> 01:01:31	little scope. You don't care what's going on. You don't care about everybody
682	01:01:31 --> 01:01:36	else walking around. You're there to take out that one individual target, and
683	01:01:36 --> 01:01:41	that target is when price steps into that fair value gap. As soon as that
684	01:01:41 --> 01:01:45	price hits the consequence or starts to approach it, it's in your crosshairs,
685	01:01:45 --> 01:01:48	and you're bullish. That means you're going to do what you're going to, take a
686	01:01:48 --> 01:01:50	deep breath, exhale,
687	01:01:56 --> 01:02:00	then you stop. You don't inhale. You leave your lungs empty. Why do you
688	01:02:00 --> 01:02:04	snipers? And why do shooters do that? Because you're not moving around in a
689	01:02:04 --> 01:02:10	small little movement in your scope is a whole lot of movement downrange. So
690	01:02:10 --> 01:02:13	you're exhaling, you're relaxing, you're not talking while you're entering the
691	01:02:13 --> 01:02:24	trade. Exhale, deep, pause when price enters that fair value gap, you fire
692	01:02:25 --> 01:02:31	your stock gets placed below the imbalance candle, if it's a bullish fair
693	01:02:31 --> 01:02:34	value gap, or above the high of the imbalance candle, if it's a bearish fair
694	01:02:34 --> 01:02:40	value gap, then you relax. You don't do anything. You don't want to do anything
695	01:02:40 --> 01:02:43	extra. Just sit there. You don't go on social media and say, I just say, I just
696	01:02:43 --> 01:02:47	bought a sniper. Does not announce where they're at. They take one shot and they
697	01:02:47 --> 01:02:50	sit still because they don't want the enemy to get a vector on where they're
698	01:02:50 --> 01:02:55	at. And you want me to go out here and trade, oh, trade in front of me. Do your
699	01:02:55 --> 01:03:00	do your $100,000 trade in front of me. And do what let them come for me.
700	01:03:00 --> 01:03:02	Because that's exactly what I do. Everybody would be doing the same thing.
701	01:03:02 --> 01:03:07	Doing the same thing I'm doing now. Everybody wants to do please, let me
702	01:03:07 --> 01:03:12	copy your traits. My question is this, if I was to do this, okay, CEOs of all
703	01:03:12 --> 01:03:16	the funded account companies, listen, this is for you. Okay, every single one
704	01:03:16 --> 01:03:19	of you funded account company. CEOs. Michael patak, I don't know the other
705	01:03:19 --> 01:03:27	guys. What? If I created a lottery system where I took 10 individuals that
706	01:03:27 --> 01:03:32	added in an anonymous setting, because you're not going to see me ever going to
707	01:03:32 --> 01:03:35	a funded account company, you'll never get my socials, you'll never get my
708	01:03:35 --> 01:03:38	stuff like that. It's never going to happen like I would never allow that to
709	01:03:38 --> 01:03:44	happen. But what happens if I created a secret lottery where 10 people get to
710	01:03:45 --> 01:03:50	trade copy a demo account that I'm running and they're copying 20 accounts.
711	01:03:50 --> 01:03:54	How much time do you think that your firm would be able to weather that?
712	01:03:55 --> 01:04:01	Because if I can show that I can do this just once a week, that's $2 million per
713	01:04:02 --> 01:04:09	that's $20 million a week drained. What happens if I did that with 50 lucky
714	01:04:09 --> 01:04:13	contestants free of charge, not charging anything. What do you think would happen
715	01:04:13 --> 01:04:16	to the funded account, prop firm, company, we think about that model.
716	01:04:16 --> 01:04:19	Think it would hold up to something like that.
717	01:04:20 --> 01:04:23	You really, you really want me to do that. You would have watched me burn
718	01:04:23 --> 01:04:27	them all down. Is that what you really want me to do? Come on now.
719	01:04:29 --> 01:04:33	You have no idea who I am. You have no idea what I'm capable of. Like you talk
720	01:04:33 --> 01:04:39	smack all the time. You CEOs on Twitter. Oh, but this guy, this guy, this guy can
721	01:04:39 --> 01:04:43	burn your whole shit down. You don't even know where I'm coming from. You
722	01:04:43 --> 01:04:48	have no idea who I could bring out there, and if you don't pay them, you're
723	01:04:48 --> 01:04:53	getting shut down. No one's gonna do business with you. So stop trolling me.
724	01:04:53 --> 01:04:59	You put a spotlight on you. I will burn you like the sun. Stop it. It's not
725	01:04:59 --> 01:05:04	gonna. You anything but trouble. Everybody sending me an email and please
726	01:05:04 --> 01:05:08	let me be the one. Where do I gotta do the window? It's a walk, a golden
727	01:05:08 --> 01:05:11	ticket. He's, he's gotta train. He's gonna, he's gonna let people trade. I
728	01:05:11 --> 01:05:14	would never do that. I'm saying facetiously. Think about it like think
729	01:05:14 --> 01:05:18	about that. I got people in my chat window all the time. We're not showing
730	01:05:18 --> 01:05:22	them a chat section or comment section saying you can't trade this way, you
731	01:05:22 --> 01:05:25	can't do this, you can't do that. I literally gave you the game plan this
732	01:05:25 --> 01:05:31	week. I gave you the game plan, and I went past my time, didn't I? That's
733	01:05:31 --> 01:05:34	because I'm making up for yesterday's not having a live stream, and I got new
734	01:05:34 --> 01:05:38	glasses, and it's awesome. I can see it. So we're at the top of that inefficiency
735	01:05:38 --> 01:05:44	I mentioned over here earlier, right here, and then we have these relative
736	01:05:44 --> 01:05:50	equal highs here. So that would be, we'll borrow this one and just change it
737	01:05:51 --> 01:06:02	the name and logo, yeah. Can you imagine 20 contracts with XYZ, funded account
738	01:06:02 --> 01:06:08	company, all linked together. That's, that's $2 million and you're telling me,
739	01:06:08 --> 01:06:11	let me ask you a question. Okay, I want to make sure I understand this
740	01:06:11 --> 01:06:20	correctly. Okay, however, I was to drive it, whether I was using a proxy someone
741	01:06:20 --> 01:06:24	else, you know, they're trading it, but they're copying me. Technically. What
742	01:06:24 --> 01:06:28	you're saying to me, if I understand this correctly, is I could theoretically
743	01:06:28 --> 01:06:36	have 20 accounts linked to one account, and all I got to do is what I do every
744	01:06:36 --> 01:06:43	single week anyway, and it's not causing me any kind of extra work, but the
745	01:06:43 --> 01:06:48	person that has the 20 accounts linked together, and I'm doing trades with
746	01:06:48 --> 01:06:59	$100,000 or I'm clearing 25 to $30,000 per trade. That's just one session.
747	01:07:00 --> 01:07:03	That's not me trading the london session, the morning session in New
748	01:07:03 --> 01:07:06	York. That's not me trading London clothes. That's not me trading the
749	01:07:06 --> 01:07:10	London lunch. That's not me trading the afternoon lunch in New York. That's not
750	01:07:10 --> 01:07:14	me trading the afternoon session and pm session. That's not me just trading the
751	01:07:14 --> 01:07:19	last trading hour. That's not me trading Asia. Just to throw a little bit more
752	01:07:19 --> 01:07:25	spice in it, you're telling me that I could literally go out there and drain
753	01:07:25 --> 01:07:32	these prop firms for eight to ten million every 10 days, every 10 days,
754	01:07:32 --> 01:07:40	and you think they're gonna keep paying that out. Man, I'm enticed. I'm I'm
755	01:07:40 --> 01:07:44	genuinely if I understand that correct, if you're, if that's what you're telling
756	01:07:44 --> 01:07:48	me, if that's what you're telling me, that I could do theoretically, because I
757	01:07:48 --> 01:07:54	got the numbers, I can pull it. I can do that. But you're telling me that I could
758	01:07:54 --> 01:08:03	theoretically allow someone else to copy and account that I'm driving. You won't
759	01:08:03 --> 01:08:09	know it's me, but this person, whoever that might be, could be a cousin, could
760	01:08:09 --> 01:08:14	be a high school friend of mine. Could be anyone of you listening. They could
761	01:08:14 --> 01:08:20	be in a position where they are able to say, I want my I want my money. Now, in
762	01:08:20 --> 01:08:24	10 days, I can make someone a multi millionaire. Is that what you're telling
763	01:08:26 --> 01:08:31	me? Leave a comment in section if I have that figured out the correct way. If
764	01:08:31 --> 01:08:38	that's what you're telling me, I absolutely are inviting any CEO of a
765	01:08:38 --> 01:08:42	prop firm to email me a inner circle trader@gmail.com because I want you to
766	01:08:42 --> 01:08:47	confirm what I just said, if that's what my understanding is, if it's correct, oh
767	01:08:47 --> 01:08:53	it's coming, oh it's coming. It is coming. I don't have to do it long. In
768	01:08:53 --> 01:08:57	one month. I can make I can make a multi millionaire. And that's that tax
769	01:08:57 --> 01:09:02	treatment is way better than trading with live funds. It's not the same. It
770	01:09:02 --> 01:09:10	is not the same. So, oh, okay, okay, ICP has entered the chat with Prop firm
771	01:09:10 --> 01:09:14	stuff. I'm not going to sign up. I'm not personally going to do that. I'm not
772	01:09:14 --> 01:09:17	going to give you my social I'm not going to give you all those things like
773	01:09:17 --> 01:09:20	that. No, but I can create a proxy. How are you going to how are you gonna know
774	01:09:20 --> 01:09:26	who I'm putting in there? You won't. You'll know by the numbers. And I don't
775	01:09:26 --> 01:09:30	want anything for it. I don't want nothing for it. I just want to sit back
776	01:09:30 --> 01:09:33	and watch
777	01:09:36 --> 01:09:46	it. I'll go back to Twitter after that. Oh, man, you're gonna burn you. You're
778	01:09:46 --> 01:09:51	gonna burn. It's so delicious.
779	01:09:54 --> 01:10:00	Can you tell Misty yesterday? Can you tell Yeah, me, Ken, but anyway, you. See
780	01:10:02 --> 01:10:05	proper engine like all right, look, we got to start looking for anybody that's
781	01:10:05 --> 01:10:09	trading 15 contracts start with six. If they start with six contracts and they
782	01:10:09 --> 01:10:14	go in four, ban them. We got to keep anything from everything's gotta just
783	01:10:14 --> 01:10:19	keep them from getting their payout. Disconnect. Disrupt, disrupt their
784	01:10:21 --> 01:10:24	connection. ICT, you broke everything. You're a jerk. That's what would you
785	01:10:24 --> 01:10:26	that's all you would all say that.
786	01:10:31 --> 01:10:34	One of them's call me right now. Come on, right now. You killed my business.
787	01:10:35 --> 01:10:41	Don't call me when I'm live streaming. So anyway, we're a couple minutes away
788	01:10:41 --> 01:10:46	from the opening let's watch the first couple minutes of the opening bell, and
789	01:10:46 --> 01:10:51	then I'll review the trade I did, and then we'll close it and go into the
790	01:10:51 --> 01:11:02	weekend. Please. ICT let me be the one. All right, so what we have, and again,
791	01:11:02 --> 01:11:05	this is what I was saying to you many times before. And it's repetitive, I
792	01:11:05 --> 01:11:11	know, but I don't personally like to have these things on my chart, because
793	01:11:11 --> 01:11:15	this is the busiest my charts have ever looked and it's because I have to show
794	01:11:15 --> 01:11:21	you as as students, what I have written down on my notepad. For instance, when I
795	01:11:21 --> 01:11:27	was mentioning this over here, real time looking at it, I'm I'm going to my pad.
796	01:11:31 --> 01:11:36	This is my notepad, just a simple little yellow notepad. You can buy them from.
797	01:11:37 --> 01:11:43	Where'd I get mine from, Costco, and you get, like, 12 of them in a bundle, and
798	01:11:43 --> 01:11:49	they're about the five by nine, something like that. And I simply just
799	01:11:49 --> 01:11:53	write down key levels. And what I do is I look at the previous day's high and
800	01:11:53 --> 01:11:58	the previous day's low, and then I layer every level that's pertinent to that
801	01:11:58 --> 01:12:04	range and just below it or just above it, and I have it in raw numerical
802	01:12:04 --> 01:12:10	format, just like that. But as soon as I mentioned this here, I'm scribbling in
803	01:12:10 --> 01:12:17	my observations on that level, what time frame I noticed it on, okay? And then
804	01:12:17 --> 01:12:21	what I'm constantly doing is I'm looking at price over here. I'm watching this
805	01:12:21 --> 01:12:27	over here, this raw number more than I'm watching the chart over here. The chart
806	01:12:27 --> 01:12:31	is the language that you're learning from me talking about what price should
807	01:12:31 --> 01:12:37	do. I'm not going to be able to bridge the gap by teaching you how to trade
808	01:12:37 --> 01:12:42	price without a chart. I can't do that. I don't know how to do that. I don't
809	01:12:42 --> 01:12:46	know how to articulate that in a way where it's going to be understandable.
810	01:12:47 --> 01:12:51	But that's essentially what I'm doing when I'm looking at price action. I'm
811	01:12:51 --> 01:12:57	showing you things that form in in price around the same time, around the same
812	01:12:57 --> 01:13:05	price, that these other things occur algorithmically. So when they agree you
813	01:13:05 --> 01:13:09	should arrive at that assumption about what price should do, or how it should
814	01:13:09 --> 01:13:13	behave, or how how you should observe it at that moment or any given time frame.
815	01:13:13 --> 01:13:21	Okay, so that's the that's the exchange of information in the language that I
816	01:13:21 --> 01:13:26	use by doing so I'm more concerned about what price is doing at what time and
817	01:13:26 --> 01:13:30	every time, it's fluctuating up and down in relationship to these raw numbers in
818	01:13:30 --> 01:13:35	this same price axis. I don't need any of this stuff over here. This just
819	01:13:35 --> 01:13:38	affords me a way to communicate and talk to you that way you can see things that
820	01:13:38 --> 01:13:42	may may or may not repeat. So because it's Friday, I'd like to see it run up.
821	01:13:42 --> 01:13:47	Run up in here and take that buy side. It doesn't mean to do it right out the
822	01:13:47 --> 01:13:53	gate, but that's something that is reasonable. And then you have this
823	01:13:53 --> 01:13:58	inefficiency down here where the constant encroachment of that August 13
824	01:13:59 --> 01:14:03	daily fair value got, which we're going to look at in just two or three more
825	01:14:03 --> 01:14:10	minutes. Man, I bet your social media is buzzing right now. ICT is going to let
826	01:14:10 --> 01:14:13	other people copy his account and then they're going to sell that. They're
827	01:14:15 --> 01:14:19	going to have a business for two three weeks. Okay, I'm selling seats. Okay,
828	01:14:19 --> 01:14:25	it's $3,000 5000 it's $10,000 if you want to copy ICT, you can't tell
829	01:14:25 --> 01:14:32	anybody. It'll be in my email box immediately. Are you looking? I'm
830	01:14:32 --> 01:14:39	looking to mark this guy. Okay, he's doing this. He's doing it right. Oh,
831	01:14:39 --> 01:14:47	man, I I'm not using your cup today. It was a rush to get out there and grab a
832	01:14:47 --> 01:14:51	bottle of water. So sorry, Daniel, I've used it by the poolside the other day,
833	01:14:51 --> 01:14:58	though, the he sent me a yeti mug in the mail because he hears you bitch about
834	01:14:58 --> 01:15:03	how it's crackling. But. Bottle of water always makes a sound in my recordings,
835	01:15:03 --> 01:15:06	alright. So anyway, we went through the business of picking out why that buy
836	01:15:06 --> 01:15:10	side is here, and we've opened up and let's look at the opening range,
837	01:15:10 --> 01:15:19	alright, so we have a little bit of an opening range gap still here. Let's
838	01:15:19 --> 01:15:22	borrow that in my network. So pretty good, doesn't it? That's convenient.
839	01:15:23 --> 01:15:29	Let's put it right on the close. So we're showing the previous close, and
840	01:15:29 --> 01:15:34	that's not actually right. Let's go until one minute chart. Sorry. The
841	01:15:34 --> 01:15:40	anchor on your one minute chart and your opening price on your first print at 930
842	01:15:40 --> 01:15:47	so you have a little bit of portion of it opened up here. So it tried to try to
843	01:15:47 --> 01:15:50	get up in here. Wait from the open, but left this little portion open here.
844	01:15:51 --> 01:15:59	Watch this low. And we're back inside of, I think it's September 4. First,
845	01:15:59 --> 01:16:02	there you go. Where's that third? I can't remember. Now I took the
846	01:16:02 --> 01:16:12	annotation off. The annotation ours. So we're inside this little, tiny
847	01:16:12 --> 01:16:21	inefficiency here, and previous settlements up here,
848	01:16:34 --> 01:16:41	these flash days are so much fun. Should Have Been doing it sooner. ICT, no, I
849	01:16:41 --> 01:16:47	would never get anything done. All right, so I can take this one off. We
850	01:16:47 --> 01:16:56	don't need that anymore. We don't need this anymore. Side anymore. We don't
851	01:16:56 --> 01:17:01	need the miners anymore. Here, actually, we do. I didn't drop down to it when I
852	01:17:01 --> 01:17:07	was talking about the minor five minute Buy, Sell liquidity pool. And sell, sell
853	01:17:07 --> 01:17:11	liquidity pools. You can see how when we drop down to the one minute time frame,
854	01:17:11 --> 01:17:17	which is, I like using the one minute because it's very, very detail oriented.
855	01:17:17 --> 01:17:23	Okay, think about like, remember when? Remember when Bob Ross, the afro, white
856	01:17:23 --> 01:17:28	guy that would do his oval painting and whatnot, he would talk to you real
857	01:17:28 --> 01:17:33	mellow, put you to sleep, be like you're ADA edible, and you're just chilling out
858	01:17:33 --> 01:17:40	watching this guy paint well, you're looking at this this time frame, your
859	01:17:40 --> 01:17:44	15, your daily chart is like a paint roller, okay? It's applying a lot of
860	01:17:44 --> 01:17:52	paint, lot of price action. Your 15 inch time frame is like your your two and a
861	01:17:52 --> 01:17:58	half inch, or two inch paint brush. It's, it's not as wide as a paint
862	01:17:58 --> 01:18:07	roller, but it's, it's not a fine tipped brush. Then you have an inch brush on
863	01:18:07 --> 01:18:12	your five minute chart, and then you have that really small, detail oriented
864	01:18:12 --> 01:18:17	paint brush for the one minute real, really fine little etching here, little
865	01:18:17 --> 01:18:21	line work here in your painting. That's what the one minute chart does. It
866	01:18:21 --> 01:18:25	affords you to get down to the nooks and crannies of the fine details of price
867	01:18:25 --> 01:18:29	delivery. So if I'm looking at that same level here that was arrived at on the
868	01:18:29 --> 01:18:33	five minute chart with these relative equal highs when price ran through that,
869	01:18:33 --> 01:18:37	let's look at it in contrast on the five minute chart real quick. Here it goes.
870	01:18:37 --> 01:18:43	It. It rips through it one single time. On that one candle right there. You see
871	01:18:43 --> 01:18:48	that. Let me widen up a little bit so you don't really have a chance to see
872	01:18:48 --> 01:18:53	much in this one single candlestick, unless you're watching the fluctuations
873	01:18:53 --> 01:18:56	of price over here, which is what I'm primarily doing when I'm watching price
874	01:18:58 --> 01:19:03	here. Let me. Let me say it this way. Don't try to do this part. What I'm
875	01:19:03 --> 01:19:08	trying to describe to you, what I'm doing that is me having more insight
876	01:19:08 --> 01:19:12	than you have, and I'm not going to teach all that you are properly learning
877	01:19:12 --> 01:19:16	how to do this by watching what price is doing, because there are times, as I
878	01:19:16 --> 01:19:21	indicated, many times before, where prices is using my PD arrays, and if you
879	01:19:21 --> 01:19:26	have a biases, what was your bearish you're going to have the next best thing
880	01:19:26 --> 01:19:31	to what I see that can't I can't teach you, and there's no other way for me to
881	01:19:31 --> 01:19:34	say it than than just that. Okay, my students are making money with it.
882	01:19:34 --> 01:19:37	They're learning how to do it consistently. If they're not trading
883	01:19:37 --> 01:19:40	with real money yet or funded account companies that has been now getting
884	01:19:40 --> 01:19:43	profits out of it. They're all graduating in their understanding of
885	01:19:43 --> 01:19:47	being able to read this stuff real time, and it's based on the stuff I'm
886	01:19:47 --> 01:19:50	teaching. But this five minute candlestick only has this one single
887	01:19:50 --> 01:19:55	range here, when it crosses above that, that level here. But watch what happens
888	01:19:55 --> 01:20:03	when you go back into a one minute chart. You. This candlestick does that
889	01:20:03 --> 01:20:06	business of wicking around. But look what happens next. We open, we trade
890	01:20:06 --> 01:20:18	right back down to that buy side level, over here, right in here, using it,
891	01:20:19 --> 01:20:25	using it, and then comes back to the order block right there. Now you are not
892	01:20:27 --> 01:20:32	You're not going to get that fill right there, because they may not have opened
893	01:20:32 --> 01:20:36	up trading for you on your broker's firm. I have experienced this before. I
894	01:20:36 --> 01:20:41	experienced it when I was trading Forex. I experienced it with fxcm. I
895	01:20:41 --> 01:20:46	experienced it with. Well, I'm not going to sit here and name brokers, because
896	01:20:46 --> 01:20:50	it's going to sound like advertising, but fxcm is trash, to say, in case
897	01:20:50 --> 01:20:53	you're wondering if that's a good brokerage trash, fxcm was trash. I
898	01:20:53 --> 01:20:57	didn't like them when I used them, and I'm glad they got kicked out of the US.
899	01:20:57 --> 01:21:03	Boom, there you go. Said it again, but you won't, you won't get these types of
900	01:21:03 --> 01:21:09	fills. Now this was like 20, like 20 minutes after Non Farm Payroll releases,
901	01:21:09 --> 01:21:11	and you see it trade back down, something like that. Then, yeah, you can
902	01:21:11 --> 01:21:15	get, you can get filled. Plus the tick towards this opening price here, plus
903	01:21:15 --> 01:21:18	one tick you had a limit where you're going to be filled on that, but you're
904	01:21:18 --> 01:21:21	not going to get filled on Non Farm Payroll the first three minutes or so,
905	01:21:21 --> 01:21:24	just expect that it ain't going to happen. So what that does is it
906	01:21:24 --> 01:21:29	completely removes the necessity for you to feel like you've got to be a part of
907	01:21:29 --> 01:21:35	it. So what do you what do you do? Then take a step back and then read what it's
908	01:21:35 --> 01:21:39	telling us, what's what's price trying to indicate to us, it defended
909	01:21:39 --> 01:21:44	initially, what the sell side. It's more likely it's going to draw up into take
910	01:21:44 --> 01:21:51	out buy side, okay, but it left the sell side. So it is for me, for my personal
911	01:21:51 --> 01:21:56	taste, I wouldn't want to take a short reaching for the sell side on that 15
912	01:21:56 --> 01:22:06	minute time frame, allergies are kicking in. So below these lows here, that sell
913	01:22:06 --> 01:22:09	side hasn't been engaged yet. I'm personally, I'm not interested in taking
914	01:22:09 --> 01:22:14	that trade, because what I had set up for as a downside objective was already
915	01:22:14 --> 01:22:19	arrived at. You saw me execute on that. So when that daily fear bank got low was
916	01:22:19 --> 01:22:24	traded to I'm no longer interested in being a participant in this weekly
917	01:22:24 --> 01:22:31	candle. I'm done. Mike, it expired for me. I'll miss moves if it keeps going
918	01:22:31 --> 01:22:37	lower, that's okay. I look, look, if you aren't content with finding setups that
919	01:22:37 --> 01:22:43	could yield you 100,000 in one entry. You're never going to be satisfied. You
920	01:22:43 --> 01:22:47	got to be satisfied with getting five handles in the s, p, consistently. You
921	01:22:48 --> 01:22:53	got to be content with getting 10 to 15 handles in the NASDAQ consistently. You
922	01:22:53 --> 01:22:57	have to start there. If you can't start there and bloom where you're planted,
923	01:22:57 --> 01:23:01	you're never going to make these big, sizable gains that you're trying to make
924	01:23:01 --> 01:23:04	or aspire to, you have to have very small, little modular goals in the
925	01:23:04 --> 01:23:09	beginning. And that's good to have that very, very small, humbling beginnings.
926	01:23:09 --> 01:23:12	If you want to have a humble beginning, when you start this, if you start off
927	01:23:12 --> 01:23:15	right out the gate with you know, everything's got to be a dopamine hit.
928	01:23:16 --> 01:23:20	You're increasing the difficulty level beyond all measure, like you can't even
929	01:23:20 --> 01:23:24	imagine how hard it's going to be for you until you start realizing it doing
930	01:23:24 --> 01:23:35	it. So let's go into we can do here. Let's go into one minute chart. I'm
931	01:23:36 --> 01:23:40	trying to think, I gotta, I want to show it to you with a naked chart, and I'm
932	01:23:40 --> 01:23:46	running the risk of getting rid of all annotations. So let's do it like this.
933	01:23:46 --> 01:23:54	Let's go scorched earth. Okay, so we are looking at price action negative. I
934	01:23:54 --> 01:24:04	mean, not naked, naked. And if we look at this indicator is just this right
935	01:24:04 --> 01:24:15	here. Thank you again, flux, but the daily chart, let's go to a daily chart
936	01:24:16 --> 01:24:22	and we'll flesh out. ICT got lucky with apparently I was running recordings on
937	01:24:23 --> 01:24:28	15 different laptops, which I don't own. 15 laptops I'm recording multiple
938	01:24:28 --> 01:24:33	screens. But I got lucky to get in at the high and out at the low. It's that's
939	01:24:33 --> 01:24:44	impressive, alright, so if you recall what I outlined on the daily chart for
940	01:24:44 --> 01:24:49	NQ last week, and going into this week, you'll see that in the live streams.
941	01:24:50 --> 01:24:58	You'll see that also in the markups in the screenshots that I was teaching
942	01:24:58 --> 01:25:03	Caleb to do if you watch it. His channel. His channel is at official
943	01:25:04 --> 01:25:08	Caleb Huddleston, all together, make sure you're spelling it correctly,
944	01:25:08 --> 01:25:13	because there's people out there using lowercase letters and uppercase letters
945	01:25:13 --> 01:25:17	to trick you into thinking that's what it is. It's he's got over 20 some 1000
946	01:25:17 --> 01:25:20	followers as of right now. But again, the easiest way to do it is go on my
947	01:25:20 --> 01:25:24	community tab on my YouTube channel, and you'll see me actually linking and
948	01:25:24 --> 01:25:31	posting the videos that are being hosted on his channel. Okay? And I'll flesh
949	01:25:31 --> 01:25:38	this out real quick for you again so you can see it. I mentioned how we were
950	01:25:42 --> 01:25:47	likely to trade down into this fair value gap for the week that that's what
951	01:25:47 --> 01:25:53	I wanted to see happen this week. Okay, so because we have that do it this way,
952	01:25:54 --> 01:25:58	you want to annotate that level, because it's going to give you your price level
953	01:25:58 --> 01:26:04	over here on the price axis, and we will do it like this.
954	01:26:05 --> 01:26:08	And then the same thing. Hold down, control, drag it up, and you can get
955	01:26:08 --> 01:26:14	that so that way, we're highlighting this candlestick on August 14,
956	01:26:14 --> 01:26:22	Wednesday, 2024 that candles low and the high on candlestick of August, 12 to
957	01:26:22 --> 01:26:27	Monday, so that high and this candle is low, and this one single candle, see
958	01:26:27 --> 01:26:33	this right here, that little fluctuation between this candle high and that
959	01:26:33 --> 01:26:38	following candles low, that area right there, that is a fair value gap. It's a
960	01:26:38 --> 01:26:43	buy side imbalance, sell side inefficiency. That means for the market
961	01:26:43 --> 01:26:51	to efficiently deliver fair value pricing. It's one of those textbooks
962	01:26:51 --> 01:26:57	definitions, right Hannah, this buy side, about sell side and efficiency is
963	01:26:57 --> 01:27:04	lacking. What efficient delivery on the downside, that means sell side delivery.
964	01:27:04 --> 01:27:11	Okay? So for every range that goes up, inefficient delivery model is the price
965	01:27:11 --> 01:27:15	has to be offered going back down the same range. That's what a fair value gap
966	01:27:15 --> 01:27:18	is. Okay? Anybody tells you anything other than that? They're literally
967	01:27:18 --> 01:27:21	making stuff up. They have no idea what they're talking about. They're certainly
968	01:27:21 --> 01:27:24	not going to execute like you're seeing me. Execute like you're seeing me
969	01:27:24 --> 01:27:27	execute or define it beforehand. They'll always talk about it after ozario, fair
970	01:27:27 --> 01:27:32	value gap. This one here was outlined to you in advance, and I told you that I
971	01:27:32 --> 01:27:36	was looking for that as a downside objective this week. Notice what goes on
972	01:27:37 --> 01:27:42	beyond that. Candlesticks high to the left. Look. Look over to the left. Do
973	01:27:42 --> 01:27:47	you see? Well, the first candle is this one here, the body in that so you have a
974	01:27:47 --> 01:27:53	volume imbalance down here. So let's play devil's advocate for a second. If
975	01:27:53 --> 01:27:57	price wants to go lower, maybe it goes lower today, I won't be on board with
976	01:27:57 --> 01:28:01	it. I'm done. When I'm done this live stream, I don't have to edit anything. I
977	01:28:01 --> 01:28:06	love live streaming for that reason, because it is what it is what I said. I
978	01:28:06 --> 01:28:10	said I don't have to go into Edit like it took a lot for me to edit that 18
979	01:28:10 --> 01:28:15	hours of recorded session to get it down to a time limit, so that way it's
980	01:28:15 --> 01:28:24	palatable. I'm not going to try to take any more trades today. I'm going to
981	01:28:24 --> 01:28:29	relax. I'm going to do things and run a house. This volume imbalance would be
982	01:28:29 --> 01:28:34	the next draw on liquidity that goes below the consequent crochet of this
983	01:28:34 --> 01:28:38	wick. So you would define the range like this. I mean, I
984	01:28:43 --> 01:28:49	I make it a little bigger like that. So while where we're at right now in price,
985	01:28:49 --> 01:28:54	we're up here. Half of that wick, that's consequent crushment. Look how close we
986	01:28:54 --> 01:29:01	got to it. The volume imbalance down here is the next one.
987	01:29:10 --> 01:29:17	I started with my allergies yesterday and all this laughing, the it's stirred
988	01:29:17 --> 01:29:23	up even more, so I'm a little congested, but then you have this wick, you would
989	01:29:23 --> 01:29:27	do the same thing, and that basically lays inside this volume of balance. And
990	01:29:27 --> 01:29:31	then the same thing here, and the same thing with these wicks, all these
991	01:29:31 --> 01:29:35	discount wicks, you want to annotate those. Those are levels that I'm going
992	01:29:35 --> 01:29:41	to have on my notepad. Should we get below this on a closing basis, this
993	01:29:41 --> 01:29:49	being this candlesticks high, which forms this fair Vega. So as we start to
994	01:29:49 --> 01:29:55	trade down, this is a lot of balanced price range. What makes it balanced
995	01:29:55 --> 01:30:00	price range? It's offering sell side delivery. It means any move. It like
996	01:30:00 --> 01:30:04	when it drops like this. This is sell side delivery. This candlesticks closed
997	01:30:04 --> 01:30:09	up is buy side delivery. It just simply means that the market has gone up or
998	01:30:09 --> 01:30:16	down. It's going up to go into inefficiencies above market price, or
999	01:30:16 --> 01:30:21	it's going up to take out buy side liquidity. That means buy stops or
1000	01:30:21 --> 01:30:26	trigger pending orders to buy on a stop for a new position, or to trigger buy
1001	01:30:26 --> 01:30:31	stops that are protecting, hypothetically, any short position, it
1002	01:30:31 --> 01:30:36	drops to go down to an inefficiency below market price. It's like a Fairbank
1003	01:30:36 --> 01:30:42	or something like that, or opening range got something to that degree, or it goes
1004	01:30:42 --> 01:30:49	below old lows for sell stops, either that puts a trader in short on a
1005	01:30:49 --> 01:30:54	breakout going lower, or it protects long positions. Hypothetically, okay, so
1006	01:30:54 --> 01:30:58	that's the only two mechanisms that causes price to go up or down. There's
1007	01:30:58 --> 01:31:03	nothing else. There's literally nothing else that's going on. When they reprice
1008	01:31:03 --> 01:31:07	manual intervention, they're still taking it to price levels that I just
1009	01:31:07 --> 01:31:11	defined, but just doing to do it farther outside the extreme normal range.
1010	01:31:12 --> 01:31:14	They're doing it quicker like that. And you'll, many times, get a chance to
1011	01:31:14 --> 01:31:18	participate in those types of move. And that's okay. You don't need them. You
1012	01:31:18 --> 01:31:23	don't need those types of news. There's plenty of stuff out there to trade. So I
1013	01:31:23 --> 01:31:27	demystified everything again. For you, price only goes up for inefficiencies or
1014	01:31:27 --> 01:31:32	vacillating coding, or it goes down for inefficiencies or for sell stops. That's
1015	01:31:32 --> 01:31:36	it. There's no other reason for us to go up and down the buying and selling
1016	01:31:36 --> 01:31:44	pressure. Okay, very interesting study. For those that are really trying to
1017	01:31:44 --> 01:31:48	debunk the algorithm, okay, there is no algorithm. I'm out here to refute the
1018	01:31:48 --> 01:31:59	ICT. Clean, okay, do a real in depth study on the volume, how many contracts
1019	01:31:59 --> 01:32:08	it took for price to move. Every single intraday price move the largest one in
1020	01:32:08 --> 01:32:13	the session, like in the morning, do it in the afternoon, okay? And see how many
1021	01:32:13 --> 01:32:19	handles prices traverse. To do that, as soon as you start seeing how much it
1022	01:32:19 --> 01:32:23	will move. And there's this wide disparity amount how many contracts it
1023	01:32:23 --> 01:32:27	takes. When I was being interviewed by corps, he's the only one I ever sat down
1024	01:32:27 --> 01:32:32	there face to face with the the question I asked him was, you know, how many, how
1025	01:32:32 --> 01:32:38	many contracts does it take to cause price to go up? Which is one? Right?
1026	01:32:38 --> 01:32:50	Right? What happens when price has a goal, it's being inspired, let's say
1027	01:32:50 --> 01:32:57	that way to get to a particular price level. It will skip. It'll create these
1028	01:32:57 --> 01:33:03	little these little gaps. Okay, and these gaps are what we are targeting,
1029	01:33:04 --> 01:33:08	these little inefficiencies. Because if you're aiming for like, this week, I'm
1030	01:33:08 --> 01:33:14	gonna take all this stuff off. Just know that we have a lot of things to factor
1031	01:33:14 --> 01:33:18	in here. If we go lower, it's going to be potentially spotty, because then we
1032	01:33:18 --> 01:33:22	have all this back and forth in here. So it's going to take a real move to get
1033	01:33:22 --> 01:33:26	through all this mess in here. We have volume imbalances like this. Is a mess
1034	01:33:26 --> 01:33:31	like this is a lot of sloppy stuff in here. The cleanest price delivery was
1035	01:33:31 --> 01:33:36	moving from here down into this inefficiency. That's why I said this is
1036	01:33:36 --> 01:33:41	the this is ends it for me. I'm done for the week. If it touches this level here,
1037	01:33:41 --> 01:33:47	which is where you saw my cover on my short, that it that's it for me, because
1038	01:33:47 --> 01:33:52	then what has happened is to expecting lower prices, I'm going to have to
1039	01:33:52 --> 01:33:56	weather through all these questionable levels. Can it go down here and smash
1040	01:33:56 --> 01:34:02	right through it? Absolutely you can. Is it likely to do that? No. So am I
1041	01:34:02 --> 01:34:05	trading with high probability if I'm holding on to my short, if I would have
1042	01:34:05 --> 01:34:09	held onto my short, I would have been nervous with the Non Farm Payroll
1043	01:34:09 --> 01:34:14	release. I would have been nervous after 930 opening, because I have all these
1044	01:34:14 --> 01:34:17	other factors to start weighing out, Okay, should I hold on my trade? Should
1045	01:34:17 --> 01:34:23	I not versus I know what I was looking for in the commentary, in the analysis
1046	01:34:23 --> 01:34:27	for this week, we were already eyeballing this. Okay, the low end of
1047	01:34:27 --> 01:34:34	it, that's the best target. That's the best so I have my limit order to get
1048	01:34:34 --> 01:34:39	that, knowing that because it's Friday, it's not from payroll, it's going to be
1049	01:34:39 --> 01:34:44	probably a little bit more animated in it may color outside the lines and go
1050	01:34:44 --> 01:34:48	just below that that can stick high. So that was me finessing. You can see me in
1051	01:34:48 --> 01:34:52	the video adjusting my limit order because I want to make sure I get the
1052	01:34:52 --> 01:34:58	best best factoring the spread, okay, my original profit objective would have
1053	01:34:58 --> 01:35:03	made me a couple $100 more. Work, but I wanted to make sure that the spread
1054	01:35:04 --> 01:35:08	touching this candle sticks high when it trees down here, I want to be executed.
1055	01:35:08 --> 01:35:13	I want to get those 14 contracts off. So if there's 14 contracts get peeled off,
1056	01:35:14 --> 01:35:18	I have to have a price level with that limit order to cover that short position
1057	01:35:19 --> 01:35:25	that will afford me the opportunity to see 14 contracts clear. Just because it
1058	01:35:25 --> 01:35:29	touches this level down here doesn't mean like, say, say, for instance, say,
1059	01:35:29 --> 01:35:33	you to a point where you're trading with 100 contracts. You have 100 cars on this
1060	01:35:33 --> 01:35:41	run. If you're using a limit order, you may not get them all off. It might just
1061	01:35:41 --> 01:35:47	say, No, you can't fill you. You want these 50 off at that price? I can't fill
1062	01:35:47 --> 01:35:51	you. There isn't enough buyers on the other side, at that price, at that given
1063	01:35:51 --> 01:35:56	instant that they're going to pair you with. Boom, there it is. It's done. So
1064	01:35:56 --> 01:36:00	you don't get those exits, and then if it starts to retrace against you, like
1065	01:36:00 --> 01:36:05	we've seen this morning, that's a little disenchanting. It's not fun. I don't
1066	01:36:05 --> 01:36:10	like those types of instances. So there are times where it demands a little bit
1067	01:36:10 --> 01:36:18	more humble exits. You have to be willing to say, Okay, I believe it's
1068	01:36:18 --> 01:36:22	going to touch this candlesticks high as it's dropping down, but I want to make
1069	01:36:22 --> 01:36:28	sure I get out like I want to get paid. I want my execution. I don't want my
1070	01:36:28 --> 01:36:32	funded account challenge, or my funded account, or my Live account, or whatever
1071	01:36:32 --> 01:36:37	it is that you may be using in trading. I want to make sure that I get out. Just
1072	01:36:37 --> 01:36:41	touching the level is not enough. But what you want to start doing is building
1073	01:36:41 --> 01:36:48	in this this mindset where you will expect that level of precision, but you
1074	01:36:48 --> 01:36:54	don't need that level of precision to be extremely profitable with your exits.
1075	01:36:54 --> 01:36:58	You know, I'm saying so. In other words, say whatever that price is. In this
1076	01:36:58 --> 01:37:05	case, it's the high that candle. Watch this up here, upper left hand corner,
1077	01:37:06 --> 01:37:18	18,007 65.25 so what? What's wrong with trying to get out of 18,007 70? Oh,
1078	01:37:18 --> 01:37:23	that's not precise. That's not precision. Why? You're telling me that
1079	01:37:23 --> 01:37:28	if you were short and you had an open unrealized profit of, say, 50 handles?
1080	01:37:28 --> 01:37:40	Okay, not like what I did, three, almost 360 handles. How about that? 18,007 70
1081	01:37:41 --> 01:37:46	again, watch that price here. You're not getting 765, and a quarter with your
1082	01:37:46 --> 01:37:51	exit, not while you're trying to groom yourself into seeing these things pan
1083	01:37:51 --> 01:37:57	out consistently. You want to be able to afford yourself and exit. So you expect
1084	01:37:57 --> 01:38:00	to touch that level with price. And that's your moral victory. That's your
1085	01:38:00 --> 01:38:04	that's your trophy, and that's what you put in your journal. I'm pleased. I'm
1086	01:38:04 --> 01:38:09	excited. I was so stoked to see price trade down to that level. It was amazing
1087	01:38:09 --> 01:38:13	to see it drop down there and hit that perfectly. And you note the time, and
1088	01:38:13 --> 01:38:17	you put little screenshot, and you say, this is this is what it feels like for
1089	01:38:17 --> 01:38:22	holding on to a trade and pants out like this. But I'm happy and I'm comfortable
1090	01:38:23 --> 01:38:28	that I don't need to have that level of precision for exits. I'm growing in my
1091	01:38:28 --> 01:38:33	precision. So in this case, instead of getting 18,007 65 and a quarter as your
1092	01:38:33 --> 01:38:42	limit would have to be 18,007 65.50 that is not much wiggle room, that is, and
1093	01:38:42 --> 01:38:48	that's that's not a lot like you could very easily not get filled if it stops
1094	01:38:48 --> 01:38:54	dead on its delivery at the 765 and a quarter. How many contracts are going to
1095	01:38:54 --> 01:39:00	be traded at that price with one tick variance, right? So if you went into it
1096	01:39:00 --> 01:39:09	with the 18,007 70 level on here it is.
1097	01:39:16 --> 01:39:21	See, this is your price that you're trying to get. Like you can't even
1098	01:39:21 --> 01:39:28	barely see it, right? It's not much of a difference. And you're going to argue,
1099	01:39:28 --> 01:39:37	say that's not precise enough. Come on, you have to, you have to trade with the
1100	01:39:37 --> 01:39:41	the expectation that you're trying to get filled to so it's a management of
1101	01:39:41 --> 01:39:46	all these concerns and expectations, but your expectation for precision and
1102	01:39:46 --> 01:39:52	perfection that needs to be relegated to your journal. Cheerlead yourself there,
1103	01:39:52 --> 01:39:58	but in your trading, you have to afford yourself a common sense exit strategy.
1104	01:39:58 --> 01:40:02	Okay, it's a low hanging. Fruit threshold where you're not demanding
1105	01:40:02 --> 01:40:07	that your exits are the best of the best of the best. I've, I've missed out on
1106	01:40:07 --> 01:40:13	some amazing exits, and I've missed out on some amazing like, like the top tick
1107	01:40:13 --> 01:40:20	or the bottom tick of moves I've, I've had them in my grasp, but the spread
1108	01:40:20 --> 01:40:27	denied me. It's it's exciting, it's exhilarating seeing it happen like that.
1109	01:40:27 --> 01:40:32	I'm like, Man, I had it pegged, but the Fill wasn't there. So yeah, I can feel
1110	01:40:32 --> 01:40:37	great that I had it dialed in, but I didn't execute properly. So I have to
1111	01:40:37 --> 01:40:41	keep myself grounded with my ego and say, You're good kid, but you're not
1112	01:40:41 --> 01:40:46	that good. So and allow yourself to operate in the market with your orders
1113	01:40:47 --> 01:40:50	that will afford you the luxuries of getting in and getting out. You're going
1114	01:40:50 --> 01:40:55	to have a whole lot more liquidity from 770 down to 765, and a quarter. There's
1115	01:40:55 --> 01:41:00	lots of prices in between. There lots of individual tick fluctuations, and every
1116	01:41:00 --> 01:41:04	one little, minor little fluctuation is an opportunity for an exchange and
1117	01:41:04 --> 01:41:09	pairing of orders for buyers and sellers to meet. And you want to afford yourself
1118	01:41:09 --> 01:41:15	an ample supply of that when you're trying to exit and just yield yourself
1119	01:41:15 --> 01:41:19	to Yeah, it went through. I want where I wanted to go, and I'm happy with that,
1120	01:41:19 --> 01:41:23	but I don't need that. Hopefully, that makes sense. I've answered a dozen of
1121	01:41:23 --> 01:41:26	individuals that left comments around struggling with exits and how to pick
1122	01:41:26 --> 01:41:29	the right price and all that, because they're trying to impress me, and
1123	01:41:29 --> 01:41:33	they're trying to impress themselves, knowing where it's going to go to with
1124	01:41:33 --> 01:41:38	the perfection that is just for you to feel good. That's not how you're going
1125	01:41:38 --> 01:41:41	to execute. If you try to do that, you're going to miss entries, you're
1126	01:41:41 --> 01:41:45	going to miss exits, and or hold on to them, because you want them to hit that
1127	01:41:45 --> 01:41:51	level with your exit. And then the price could be returning against you, and you
1128	01:41:51 --> 01:41:56	are more fixed on the outcome being perfect, versus recognizing that you're
1129	01:41:56 --> 01:41:59	in a trade. Now that's turned around on you and you you've married the vein.
1130	01:41:59 --> 01:42:04	Okay? Gold miners used to have the expression so and so's married the vein.
1131	01:42:04 --> 01:42:10	In other words, the location that's been mined for gold. It's dried up. Now it's
1132	01:42:10 --> 01:42:13	no more gold there. But because he's found one little nugget there, he's
1133	01:42:13 --> 01:42:16	married the vein. He thinks it's, it's, it's going to be nothing but more gold.
1134	01:42:16 --> 01:42:21	So he spends his time constantly digging and panhandling through there getting
1135	01:42:21 --> 01:42:26	nothing but wasted time. So you can do that with your winning trades. You can
1136	01:42:26 --> 01:42:32	turn a really good trade into something that's immune dog mess, really. So we're
1137	01:42:32 --> 01:42:41	below. I just want to put these on here before I leave this timeframe. I
1138	01:43:00 --> 01:43:07	I hope what I'm saying is encouraging and not discouraging you, then I know
1139	01:43:07 --> 01:43:16	sometimes you want to be like a an X man, and remember, Deadpool wasn't an X
1140	01:43:16 --> 01:43:25	man, spirit animal. So anyway, that's, that's the levels I I'm using going
1141	01:43:25 --> 01:43:30	forward. So we'll keep those in mind. But this fair value gap is what I was
1142	01:43:30 --> 01:43:33	mentioning this week. Is that was all I was looking for, me personally as the
1143	01:43:33 --> 01:43:38	trader ICT, I'm not, I'm not interested needing it to go lower that can. It
1144	01:43:38 --> 01:43:42	absolutely can. But I don't personally need that. So where do I want to engage?
1145	01:43:43 --> 01:43:47	I want to engage in anything that gets me short. So how can I do that? How can
1146	01:43:47 --> 01:43:53	I frame a short in a market that has had this big, colossal slide down where I
1147	01:43:53 --> 01:43:57	had some of the back, the back end of that move, but I didn't get the first
1148	01:43:57 --> 01:44:02	part of it there because it's coming on the heels of, what a holiday. So I'm
1149	01:44:02 --> 01:44:10	going to elect the morning session trade without me, and at 1:30pm that means the
1150	01:44:10 --> 01:44:16	month the not the London, the New York hour lunch, which is technically two
1151	01:44:16 --> 01:44:23	hours, 1130 to 130 in that time frame. That is when the lunch macro whatever
1152	01:44:23 --> 01:44:27	has happened in the morning session. During those two hours, there's always
1153	01:44:27 --> 01:44:31	some kind of retracement against whatever's already happened in the
1154	01:44:31 --> 01:44:35	morning. That is all the lunch macro is. That's it. It's all it is. It just
1155	01:44:35 --> 01:44:40	retraces on orders that would be trailed up if it's been going higher, or if it's
1156	01:44:40 --> 01:44:44	been going lower in price. They trail the stop losses lower to lock in their
1157	01:44:44 --> 01:44:49	profits during 1130 to 130 they're very, very specific times. Don't take my word
1158	01:44:49 --> 01:44:52	for it. I want you to go back and every single time you log intraday price
1159	01:44:52 --> 01:44:58	action, make a vertical line at 1130 and a vertical line at 130 and then watch
1160	01:44:58 --> 01:45:03	what price is doing in those two. Hours. It does it so frequently that that could
1161	01:45:03 --> 01:45:06	be your model, that that could be your thing, like you don't even trade. Don't
1162	01:45:06 --> 01:45:10	even worry about trading. Open. Who cares about that? Whatever somebody's
1163	01:45:10 --> 01:45:13	been doing, they were smart. They did something right? They were they were
1164	01:45:13 --> 01:45:16	long in the initial run of the move, or they were short initial run of the move
1165	01:45:17 --> 01:45:23	during that 1130 to 1230 I'm sorry, 1130 to 1:30pm eastern stand time. That means
1166	01:45:23 --> 01:45:28	always have your time on trading view set to New York. If you're using your
1167	01:45:28 --> 01:45:32	local time, you're doing it wrong. I don't care who tells you what. I don't
1168	01:45:32 --> 01:45:35	care where you live. I don't care you're not following what the algorithm is
1169	01:45:35 --> 01:45:38	going to do. You're not following the logic I'm teaching with, and you're not
1170	01:45:38 --> 01:45:42	going to be successful because you're doing things wrong. Okay, so you have to
1171	01:45:42 --> 01:45:48	always have your chart set to New York local time, and at 1130 and 130 that
1172	01:45:48 --> 01:45:53	defines your lunch macro time. But at the end of that, at 1:30pm Eastern
1173	01:45:53 --> 01:45:59	Standard Time, that starts the afternoon session. So that's your first 30 minutes
1174	01:45:59 --> 01:46:04	leading up to two o'clock. In that first 30 minutes, you're going to see fair
1175	01:46:04 --> 01:46:11	value gaps form. You're going to see other PD don't think that my fair value
1176	01:46:11 --> 01:46:16	gap in the first 30 minutes of 930, to 10 o'clock, like that's the only one
1177	01:46:16 --> 01:46:20	trick pony. Every single one of my PD arrays exist in that same element too.
1178	01:46:21 --> 01:46:28	Remember, I'm just teaching one principle, one little component, breaker
1179	01:46:28 --> 01:46:35	blocks, vacuum blocks, propulsion blocks, institutional order, flow,
1180	01:46:35 --> 01:46:43	entry, drill technically is still kind of fair. Back again, every PD array is
1181	01:46:43 --> 01:46:49	in there, volume and balance. If it forms the first one, it's the same
1182	01:46:49 --> 01:46:57	premise. Oh, explosion of opportunities just came in. Didn't see you think it's
1183	01:46:57 --> 01:47:01	just a one trick pony around here, honey. Listen to me, I have an arsenal.
1184	01:47:02 --> 01:47:07	I have stuff nobody's seen before, but you are selling yourself short, thinking
1185	01:47:07 --> 01:47:11	that you don't have enough already, like you have more than you would ever need.
1186	01:47:12 --> 01:47:15	I don't, never need to do anything else ever again. Talking about none of this,
1187	01:47:15 --> 01:47:20	you have more than enough, but I know how it is. You want more, and I have. I
1188	01:47:20 --> 01:47:24	love I love sharing. I love sharing. I love my wife more. Her name means
1189	01:47:24 --> 01:47:31	Sharon, but I love sharing. And I love the feedback that I get when people are
1190	01:47:31 --> 01:47:35	like, wow, I use this. I went right out there and I saw in price action, and
1191	01:47:35 --> 01:47:38	look what I just did. I take read this, and boom, boom, boom, there it is what I
1192	01:47:38 --> 01:47:41	don't want you doing. And this is what I'm seeing in the comment section.
1193	01:47:41 --> 01:47:44	There's one individual that's saying, I individual that's saying, I I hurt
1194	01:47:44 --> 01:47:49	myself, I made $1,500 and then I lost $1,000 in the next day. And please
1195	01:47:49 --> 01:47:53	encourage me every video. I'm encouraging you. I'm encouraging all of
1196	01:47:53 --> 01:48:00	you to follow the rules if you're taking what I'm doing in a lecture. Okay, I
1197	01:48:00 --> 01:48:05	mean this. If you're taking what I'm teaching in a lecture that given day or
1198	01:48:05 --> 01:48:08	the very next day, and you're trying to go out there and trade with it, with
1199	01:48:08 --> 01:48:11	your real money, with your funded account challenge or your funded
1200	01:48:11 --> 01:48:18	account, you are doing it wrong. I know that the tendencies for you to want to
1201	01:48:18 --> 01:48:20	be able to go out there and prove that it's going to make you money. If it
1202	01:48:20 --> 01:48:27	does, man, you're going to be ICT for life. I don't want you ICT for life. I
1203	01:48:27 --> 01:48:35	want you incorporated for life. Y, o, u incorporate you the enterprise this,
1204	01:48:35 --> 01:48:43	this conglomerate that you're building. You as a success story. I want you to be
1205	01:48:43 --> 01:48:48	that for life. I don't want you team ICT. Team ICT is nothing. There's no ICT
1206	01:48:48 --> 01:48:55	team. I'm a one man army. I'm training you all to be a one man or woman army.
1207	01:48:55 --> 01:48:58	That's it. You don't need anybody else. You need to plug in anybody else. You
1208	01:48:58 --> 01:49:03	need other kind of resources. You are capable of doing everything by yourself.
1209	01:49:03 --> 01:49:08	Once you learn this stuff, no one can take it from you, and they can't. They
1210	01:49:08 --> 01:49:12	can't discount it. Who's gonna say you can't do what I'm doing or more than I'm
1211	01:49:12 --> 01:49:20	showing nobody just you, but stop trying to go out there and try to use it right
1212	01:49:20 --> 01:49:24	away. You haven't spent enough time listen. We've we just started doing
1213	01:49:24 --> 01:49:28	mentorship. It's only been a month, and some of you think that that's, well,
1214	01:49:28 --> 01:49:31	you're too long in it now, man, I should already be out there trading with it.
1215	01:49:31 --> 01:49:36	That's a moronic perspective. That's dollar menu mentorship, mentor advice.
1216	01:49:36 --> 01:49:40	I'm not telling you to do that. I'm not telling you to do that at all. I'm
1217	01:49:40 --> 01:49:45	telling you, do the opposite, sit still. You shouldn't need to be taking any
1218	01:49:45 --> 01:49:50	trades with real money this year, this year. That's the reality. And if you
1219	01:49:50 --> 01:49:54	don't like that, don't watch my videos. I mean that because I don't like when
1220	01:49:54 --> 01:49:59	you leave comments. And I'm not getting a lot of them, but I'm getting them. I
1221	01:49:59 --> 01:50:03	try to. Use this and I lost money. Can you tell me what I did wrong? You
1222	01:50:03 --> 01:50:08	started using it before you understood how to use it, just like I did when I
1223	01:50:08 --> 01:50:14	bought my ZX 14 in 2008 that was the fastest motorcycle, fastest one. I've
1224	01:50:14 --> 01:50:19	never owned a motorcycle before. Midlife crisis. I'm 35 years old. Hey, you know
1225	01:50:19 --> 01:50:23	what I need to do? I need a I need a rocket. I got everything else I need. I
1226	01:50:24 --> 01:50:29	don't need anything else, but you know what I need? I need a rocket. So I
1227	01:50:29 --> 01:50:38	bought it. And a year later, on March 9, 2009 at one o'clock in the afternoon, I
1228	01:50:38 --> 01:50:43	should have died, and now my body hurts every single day because I did something
1229	01:50:43 --> 01:50:49	impulsively, recklessly, buying and operating something that I didn't have.
1230	01:50:49 --> 01:50:52	I didn't have the skill set to do that, and you don't have the skill set to use
1231	01:50:52 --> 01:50:55	this information yet with real money, with real risk, you don't have that
1232	01:50:56 --> 01:51:01	experience. And I didn't want to pull up the next money at a light and say, Dude,
1233	01:51:01 --> 01:51:07	the 600 look at you. I didn't want that feeling, so I told myself, I'll be
1234	01:51:08 --> 01:51:13	responsible. I won't drive it fast. Deep down inside, I couldn't wait to go 200
1235	01:51:13 --> 01:51:18	mile an hour, but wait, right So, and it wasn't. But three weeks later, I'm doing
1236	01:51:18 --> 01:51:25	155 miles an hour on Pulaski highway in front of Oak Grove liquors, going north
1237	01:51:26 --> 01:51:31	to Aberdeen area, going that direction away from the city, basically in
1238	01:51:31 --> 01:51:36	Baltimore. 155 mile an hour in an area where there's multiple intersections,
1239	01:51:36 --> 01:51:40	people don't even stop at the stop sign. And I was chasing after a Pony Boy in a
1240	01:51:40 --> 01:51:43	Mustang that was encouraging me, and that was Satan. I knew that was he was
1241	01:51:43 --> 01:51:46	trying to get me chased, and I did. I was right on his bumper, and then all of
1242	01:51:46 --> 01:51:48	a sudden, reality hit me.
1243	01:51:50 --> 01:51:56	I started feeling like my stop loss is about to get ran. And my body started
1244	01:51:56 --> 01:52:01	shaking. And I realized that if this guy was suicidal or nuts, and he slams his
1245	01:52:01 --> 01:52:06	brakes and brakes checks me, I'm dead. And then that wasn't enough. They're
1246	01:52:06 --> 01:52:09	doing construction down the road in front of me, and all the cones that are
1247	01:52:09 --> 01:52:13	lowering us over into the left hand lane, all this is happening instantly.
1248	01:52:13 --> 01:52:18	I'm getting all this rush of information inside of a window of visibility of five
1249	01:52:18 --> 01:52:22	inches. If you ever been over 100 and some mile an hour on a motorcycle, you
1250	01:52:22 --> 01:52:27	get this tunnel vision, and it's exciting. It's exhilarating, but you can
1251	01:52:27 --> 01:52:31	only see about five inches in diameter if you hold your hands out in front of
1252	01:52:31 --> 01:52:34	you and connect your thumb tips together and your index fingers and try to make
1253	01:52:34 --> 01:52:39	that in like a perfect circle at your arm's length. That's all you see when
1254	01:52:39 --> 01:52:42	you're going real fast on a motorcycle. Everything else is like, warp speed blur
1255	01:52:42 --> 01:52:46	and it's weird. Like, you can watch these guys on YouTube and they're going
1256	01:52:46 --> 01:52:50	real fast and you see everything. It's like, wow, this is great. That's what I
1257	01:52:50 --> 01:52:52	did. But it's all together, something different. The first time you
1258	01:52:52 --> 01:52:58	experienced that warp speed tunnel vision, it is scary. Like, it's very,
1259	01:52:58 --> 01:53:01	very scary. And the only thing I could see in that little, tiny, little
1260	01:53:01 --> 01:53:05	diameter, was this young boy looking in the rearview mirror, giving me the hang
1261	01:53:05 --> 01:53:09	loose, shaking his thumb and pinky at me, like, yeah, yeah, yeah, go, go, go.
1262	01:53:11 --> 01:53:16	And I started panicking. I literally had a panic attack on the motorcycle. I was
1263	01:53:16 --> 01:53:19	literally gripping this thing. I pulled a groin muscle nearly just trying to
1264	01:53:19 --> 01:53:22	keep myself holding on to this motorcycle, but I didn't want to look
1265	01:53:22 --> 01:53:25	weak in front of him. I didn't want to look like I didn't know what I was
1266	01:53:25 --> 01:53:33	doing, but I was scared to death, and I started realizing I'm so fast you just
1267	01:53:33 --> 01:53:37	can't stop a motorcycle, like you have to learn how to navigate around things,
1268	01:53:37 --> 01:53:40	because stopping is not always the best solution, because you just can't stop.
1269	01:53:40 --> 01:53:45	You don't have enough weight to bring you to a stop. So all these things came
1270	01:53:45 --> 01:53:48	up into my mind, and you're probably thinking, What's this got to do with
1271	01:53:48 --> 01:53:52	trading? It has everything to do with what you're doing wrong. I should have
1272	01:53:52 --> 01:53:55	never been in that situation. Three months, I'm sorry, three weeks after
1273	01:53:55 --> 01:54:02	buying the ZX 14 ninja Kawasaki Ninja in 2008 three weeks after buying my first
1274	01:54:02 --> 01:54:09	motorcycle, I'm at 155 miles an hour, ready to become a statistic, stupidly
1275	01:54:11 --> 01:54:16	chasing after something that was all wrong. What was I doing there? I was
1276	01:54:16 --> 01:54:20	looking at an influencer on the road, just like you're watching influencers
1277	01:54:20 --> 01:54:24	like me and other people on the internet. Wow, that Mustang boy thinks
1278	01:54:24 --> 01:54:30	he's fast. Watch this. I'm gonna go smoke him. I'm doing everything for the
1279	01:54:30 --> 01:54:35	wrong reasons, and I'm opening myself for risk. He's not at risk. He's inside
1280	01:54:35 --> 01:54:39	of his car safe. He's got better brakes. He has the ability to stop better than I
1281	01:54:39 --> 01:54:45	do, and I'm literally one front wheel with away from his bumper, staring at
1282	01:54:45 --> 01:54:53	him in his rear view mirror, through his back window. With no skill. I have zero
1283	01:54:53 --> 01:55:01	skill, none at the time, none. Thank God he. Struck me with fear, because I was
1284	01:55:01 --> 01:55:08	literally Okay. I'm coming off the acceleration, and I literally wanted to
1285	01:55:08 --> 01:55:13	throw up like I was scared, like I was genuinely scared to death, because I was
1286	01:55:13 --> 01:55:16	being piped into one lane, and the lanes were already stacking up ahead of them,
1287	01:55:17 --> 01:55:25	and I'm I don't have much time to bring myself down speed, downshift, downshift,
1288	01:55:25 --> 01:55:28	downshift. And I get up to the light. And of course, you know me. I'm a man.
1289	01:55:30 --> 01:55:33	He pulls up next to me. He's looking at me, yeah, yeah, yeah. He rose his minute
1290	01:55:33 --> 01:55:38	down, and I got my visor down. He can't see me. I'm panting and I'm shaking. So
1291	01:55:38 --> 01:55:42	what I do? I do the old, cool biker lean. I put my hands on my leg and put
1292	01:55:42 --> 01:55:46	my hands on the tank, and I'm pressing my arms down on the tank because I don't
1293	01:55:46 --> 01:55:51	want anybody seeing I'm shaking. I'm scared to death. I'm hopped up on
1294	01:55:51 --> 01:55:55	goofballs adrenaline and fear, and I'm thanking the good Lord that I did not
1295	01:55:55 --> 01:56:01	become a pink mist. I would have came apart at that speed. It would have been
1296	01:56:01 --> 01:56:10	a closed coffin. And my uncle, who was like my big brother, September 4, 1979
1297	01:56:11 --> 01:56:15	at noon that day, he took me for a ride on his motorcycle. I could still smell
1298	01:56:15 --> 01:56:19	his sweat on the back of his T shirt holding on to him. That was the coolest
1299	01:56:19 --> 01:56:23	moment ever. And 12 hours later, he died on that same road, not just a quarter
1300	01:56:23 --> 01:56:28	mile from where I was at at that moment. And it all hit me at that time, and I
1301	01:56:28 --> 01:56:31	was like, Okay, I can't even take anymore. I gotta. I'm gonna turn right
1302	01:56:31 --> 01:56:34	and I'll go down into a road. I'll go I'll go that direction. I just gotta get
1303	01:56:34 --> 01:56:39	off this highway. And I literally took my ass home, and I sat there, and I
1304	01:56:39 --> 01:56:44	thought to myself, Man, I could have died doing something stupid. I could
1305	01:56:44 --> 01:56:51	have done something really, really dumb. And here's the thing, I survived, that I
1306	01:56:51 --> 01:56:56	knew better not to do it again. But a year later, my first ride the spring
1307	01:56:56 --> 01:57:02	March 9, 2009 it's a good day out here. I'm going to go take my bike out, let it
1308	01:57:02 --> 01:57:09	run for 20 minutes. It's been sitting. Get out there. Boom, open it up. And an
1309	01:57:09 --> 01:57:14	old guy comes in and puts me into a curb, and I fly a 50 mile an hour over
1310	01:57:15 --> 01:57:21	to handlebars, 85 feet in the air, laying on my head. Break my clavicle two
1311	01:57:21 --> 01:57:26	places, break three ribs, detach my scapula, crush all of my molars in my
1312	01:57:26 --> 01:57:33	mouth, all of my molars, all my chewing teeth, are crushed. I should have been
1313	01:57:33 --> 01:57:37	dead, and I have spinal injuries as a result of that. I didn't learn my
1314	01:57:37 --> 01:57:42	lesson. I was given grace. I didn't learn my lesson. I didn't learn my
1315	01:57:42 --> 01:57:46	lesson. I figured I've been driving for a year now. I've been riding for a year
1316	01:57:46 --> 01:57:51	now. I haven't really been ridden for for a year, but I allowed my impulses
1317	01:57:51 --> 01:57:55	because I saw other people riding around that day, I was like, You know what? I
1318	01:57:55 --> 01:58:01	want to I want to take my bike out. And I was influenced by other people that
1319	01:58:01 --> 01:58:05	are doing things recklessly, too, and that's exactly what you're doing. When
1320	01:58:05 --> 01:58:09	you watch my content or anybody else's content, you're thinking, I want to do
1321	01:58:09 --> 01:58:13	what they're doing. I want to have that same fun. Wow, that must be, that must
1322	01:58:13 --> 01:58:17	be really cool. They're trading with 20 accounts. They got $10,000 payout. They
1323	01:58:17 --> 01:58:21	got this. They got that. ICT this. Did $100,000 trade every year. What if I did
1324	01:58:21 --> 01:58:26	that with 20 accounts? I could be this. Don't let me influence you like that. Do
1325	01:58:26 --> 01:58:31	not let me influence you like that. That's not what I'm here for. I'm here
1326	01:58:31 --> 01:58:35	to remind you what's possible, but you're going to work your ass off to get
1327	01:58:35 --> 01:58:42	to that level, and there's no reason to take stupid, high level risks. I would
1328	01:58:42 --> 01:58:49	have left my family behind the year before, but thankfully, God said no, and
1329	01:58:49 --> 01:58:53	because it didn't listen, he didn't give me anxiety on that second ride. He let
1330	01:58:53 --> 01:58:59	me have all of it up to the point of almost death, and he has, still to this
1331	01:58:59 --> 01:59:03	day, every spring I see other most like, what's out there? And I always had the
1332	01:59:03 --> 01:59:07	itch, like, I think myself, I can get one. I'll just get me, I'll get me one
1333	01:59:07 --> 01:59:10	of the cruisers. And as soon as I start feeling that way, boom, my back goes
1334	01:59:10 --> 01:59:14	into major spasms, and I have it for weeks. That's the Lord telling me you're
1335	01:59:14 --> 01:59:18	stupid. You're being stupid right now, how many times I gotta keep you from
1336	01:59:18 --> 01:59:23	doing this? That's a natural human tendency, don't walk on the grass. I'm
1337	01:59:23 --> 01:59:26	moonwalking on it. That's what we do as humans. We do everything we're not
1338	01:59:26 --> 01:59:30	supposed to do. That's why everybody fails in this industry, because it's so
1339	01:59:30 --> 01:59:36	hard to keep control over yourself. And then you have social media, people like
1340	01:59:36 --> 01:59:39	me and other people out there that are telling people what they do, what they
1341	01:59:39 --> 01:59:45	can learn from you, whatever. Do not let me influence you to do things ahead of
1342	01:59:45 --> 01:59:50	schedule. That's why I tell you all the time. Take your time. There's no rush.
1343	01:59:50 --> 01:59:55	These markets are still going to be trading six months from now. Just relax.
1344	01:59:55 --> 02:00:00	If you don't give yourself the ability to see it properly, you might be. I'm
1345	02:00:00 --> 02:00:05	that pink mist, and you're gone. What can you do about it? Then nothing.
1346	02:00:07 --> 02:00:10	You've wrecked yourself, you've lost more money. You'll never probably want
1347	02:00:10 --> 02:00:13	to trade ever again, because you did it wrong. But you'll think that this stuff
1348	02:00:13 --> 02:00:16	doesn't work. And that's exactly what these people do on the internet. They
1349	02:00:16 --> 02:00:20	tried to do something quick with it, or they thought it was gonna be 123, watch
1350	02:00:20 --> 02:00:23	a video in five minutes. Oh, it works, because I can prove it in five minutes.
1351	02:00:23 --> 02:00:26	No, it doesn't work like that.
1352	02:00:28 --> 02:00:34	So my encouragement to you, young man, is stop trying to use it right away. You
1353	02:00:34 --> 02:00:38	don't know what you're doing, just like I didn't know how to use all that speed
1354	02:00:38 --> 02:00:44	and power in 2008 and in 2009 and ultimately, it could have ended me. So
1355	02:00:44 --> 02:00:51	while I still love bikes, I love them. I can't buy one and I can't ride one
1356	02:00:51 --> 02:00:57	because I'm afraid that I won't have the outcome that still keeps me here, and I
1357	02:00:57 --> 02:01:00	live with pain chronically every single day because I did not listen to good
1358	02:01:00 --> 02:01:04	common sense. The year before, I should have got rid of the bike, because I
1359	02:01:04 --> 02:01:10	wasn't able to compose myself and be responsible as a rider, I was literally,
1360	02:01:10 --> 02:01:15	you know, a squid. I was out there with not the proper equipment, speeding
1361	02:01:15 --> 02:01:21	around with no skill doing dumb stuff. And I watch kids every single week in
1362	02:01:21 --> 02:01:25	our area end up on the news because they do that same stuff. They're influenced
1363	02:01:25 --> 02:01:29	by their friends and people online or whatever, and they buy bikes they can't
1364	02:01:29 --> 02:01:34	they can't handle it. And what you're learning from me is faster and powerful
1365	02:01:35 --> 02:01:41	than a ZX 13 was faster than a Hayabusa, faster than all that stuff. This stuff
1366	02:01:41 --> 02:01:45	is rocket science, and you're out there trying to treat it like it's checkers.
1367	02:01:45 --> 02:01:48	Oh, I'm gonna go out here. It's all gotta do is this, this, this, and I
1368	02:01:48 --> 02:01:53	don't know, you have no idea. And that's why I teach the way I do. My concepts
1369	02:01:53 --> 02:01:56	are amazing. They're perfect, they're the market. But if you don't have the
1370	02:01:56 --> 02:02:01	right mindset or control over yourself, you'll hurt yourself. And I'm ICT, and I
1371	02:02:01 --> 02:02:07	just told you something about my personal life, that as a human being, I
1372	02:02:07 --> 02:02:11	abandoned the rules that I live by. I saw something I was influenced by other
1373	02:02:11 --> 02:02:15	people. I want that bike. I went to the shop said, what's the fastest bike right
1374	02:02:15 --> 02:02:18	now? That's what I asked for. I didn't say, Can you give me something as a new
1375	02:02:18 --> 02:02:22	ride? That was not what I asked for. I want the fastest what everybody wants
1376	02:02:22 --> 02:02:26	right now, that's the bike I want. And I walked out here with cash, boom, and I
1377	02:02:26 --> 02:02:29	drove it home brand new. Listen, for people that ride bikes, you know how
1378	02:02:29 --> 02:02:33	stupid this was. I didn't leave it there and pick it up the next day because it
1379	02:02:33 --> 02:02:40	was thunderstorming, and I drove it home in the rain and had people laying on
1380	02:02:40 --> 02:02:45	their horns behind me because I knew the wrong little movement. I'm probably
1381	02:02:45 --> 02:02:48	going to go down with this thing because brand new tires are too smooth, and
1382	02:02:48 --> 02:02:52	you're you're going to hide your plane real easy. And I drove home in a
1383	02:02:52 --> 02:02:56	thunderstorm with probably a mile of cars behind me. Some of them went around
1384	02:02:56 --> 02:03:00	me and beat the horn almost cut me off. It's just to me all that mad at me, but
1385	02:03:00 --> 02:03:05	I was doing everything wrong about being a biker. Everything wrong. I checked
1386	02:03:05 --> 02:03:13	every box. Now I live a pain. You can hurt yourself financially beyond your
1387	02:03:13 --> 02:03:18	comprehension. If you do things wrong, you could owe. You could owe more money
1388	02:03:18 --> 02:03:22	than you have trading in environments like a CPI or PPI number, say you're
1389	02:03:22 --> 02:03:25	ahead of it, and you don't know that it's it's coming out in the marketplace,
1390	02:03:25 --> 02:03:29	and you're short, and then they they reprice it hundreds of handles against
1391	02:03:29 --> 02:03:34	you. You're not getting filled even if you had a stop loss. Now you owe the
1392	02:03:34 --> 02:03:38	broker more money than you have in the account. Then you have in your bank
1393	02:03:38 --> 02:03:41	account, then you're going to earn in the next couple months, if you had no
1394	02:03:41 --> 02:03:45	bills, you see what I'm trying to do. I'm trying to prevent all those types of
1395	02:03:45 --> 02:03:51	things. So while I may be a character that people like to take shots at, and I
1396	02:03:51 --> 02:03:56	love it, but I'm also trying to be a voice of reason, because you literally
1397	02:03:56 --> 02:04:00	need to learn this the proper way, and it needs to be at a slow pace. Because
1398	02:04:00 --> 02:04:03	if you think that you're going to watch a video and figure, oh, it says, I know
1399	02:04:03 --> 02:04:06	what I'm doing here, and then you go out there and try it with real money, and
1400	02:04:06 --> 02:04:11	you don't know everything about what you're doing and how you think you might
1401	02:04:11 --> 02:04:14	add to a losing position, because you think, no, it's right. Because ICT says,
1402	02:04:14 --> 02:04:19	I have, I have students that act like a like a fan. I don't want fans. I'm not a
1403	02:04:19 --> 02:04:24	celebrity. I don't like fandom. I want people that are responsible and say, You
1404	02:04:24 --> 02:04:30	know what? I love the fact that you're responding to people like this, and
1405	02:04:30 --> 02:04:34	you're reminding us of the risks. Because there's real risks in this,
1406	02:04:34 --> 02:04:38	folks more than you realize, and you don't really appreciate it until you
1407	02:04:38 --> 02:04:42	first start doing it, and then all the things that you never imagined were a
1408	02:04:42 --> 02:04:47	factor. They are much more significant factors than the things you're thinking
1409	02:04:47 --> 02:04:50	are big, big rocks in the road for you to find success, the things you're
1410	02:04:50 --> 02:04:53	worrying about right now that you think are impeding your ability to do this.
1411	02:04:53 --> 02:04:57	They're small, little, tiny pebbles on the road. They're not going to do
1412	02:04:57 --> 02:05:01	anything for you. They're not going to hold you back. But you think they are
1413	02:05:01 --> 02:05:04	the bigger things are the ones that you're going to run into in the road
1414	02:05:04 --> 02:05:07	where it's like a brick wall. You're like, wow, I didn't see that coming. I
1415	02:05:07 --> 02:05:11	didn't think it was ever going to happen to me, right? And until you have someone
1416	02:05:11 --> 02:05:14	telling you this is what's likely to occur in if you try to do this and do
1417	02:05:14 --> 02:05:18	that, at least you're aware of it. You're not taken by surprise. And if the
1418	02:05:18 --> 02:05:21	people that are being responsible are listening to me, they're like, Okay, I'm
1419	02:05:21 --> 02:05:24	not doing that because I don't want to find out that I'm not prepared and I
1420	02:05:24 --> 02:05:29	hurt myself in the process. That's why the women do better, because they're not
1421	02:05:30 --> 02:05:34	extreme risk takers, like men are, like I was in 2008 like I was in 2000 at
1422	02:05:34 --> 02:05:41	night, and I live with chronic pain now. So anyway, I know, dude, nobody cares
1423	02:05:41 --> 02:05:45	about your motorcycle. Nobody cares about your back pain. So if you look at
1424	02:05:45 --> 02:05:51	the the drop here on Tuesday, I was in the latter half of it, and you saw that
1425	02:05:51 --> 02:05:58	on the execution videos on the YouTube channel the next day that Wednesday, we
1426	02:05:58 --> 02:06:12	have a candlestick high here. Now watch this. That is your Sibi. This your cell
1427	02:06:12 --> 02:06:14	sign imbalance by signing efficiency,
1428	02:06:20 --> 02:06:28	this big displacement, lower here, this up close candle and this up close candle
1429	02:06:28 --> 02:06:35	that makes all one singular bearish order block. It's not the last up close
1430	02:06:35 --> 02:06:41	candle. When I taught it initially, I taught it that way because I knew
1431	02:06:41 --> 02:06:45	everybody's gonna come out there and start teaching courses with it. There
1432	02:06:45 --> 02:06:49	are times where I will do this. And the rules for using the up close candle,
1433	02:06:49 --> 02:06:53	last one before the drop down, that definition will be in my book, because
1434	02:06:53 --> 02:06:56	then it's in written format. That means everything after that will be
1435	02:06:56 --> 02:07:02	disparating the written works of me, the audio commentary, the rules, okay, I
1436	02:07:02 --> 02:07:09	have slowly sprinkled the logic out because I'm competing with every
1437	02:07:09 --> 02:07:13	plagiarist in the world right now that wants to put this into a book form. They
1438	02:07:13 --> 02:07:16	all want to be able to say they had it in their book first. That's why I'm
1439	02:07:16 --> 02:07:21	doing it here in my own voice on YouTube. And there's millions of you now
1440	02:07:21 --> 02:07:25	have watched and watched me talk about this and teach it and and I'm the only
1441	02:07:25 --> 02:07:28	one out here demonstrating it properly. You might have a winning trade here and
1442	02:07:28 --> 02:07:31	there, but you don't even know why your trade worked. Like you don't even know
1443	02:07:31 --> 02:07:34	why that order block worked, or that inversion fair value gap did what it was
1444	02:07:34 --> 02:07:39	supposed to do. You assumed that you could handle that ZX 14, and you jumped
1445	02:07:39 --> 02:07:42	on it and you took a trade. You just happen to live through it like I did in
1446	02:07:42 --> 02:07:49	2008 and I barely lived through it in 2009 you see the difference. So because
1447	02:07:49 --> 02:07:56	of this displacement lower, we can't use this candlestick high here to that
1448	02:07:56 --> 02:08:03	candlesticks low, we have to refer to the truest beginning point of the order
1449	02:08:03 --> 02:08:09	block, which is this run up. Okay, something here came into the marketplace
1450	02:08:09 --> 02:08:13	that was unbeknownst to me. I don't care. I'm not trading in the morning
1451	02:08:14 --> 02:08:18	session, but I saw what it was doing. So I went in and I worked with the position
1452	02:08:18 --> 02:08:23	of getting short inside of this daily range, the latter portion of it the
1453	02:08:23 --> 02:08:30	afternoon session, post 1:30pm Eastern, Standard Time. So we have to look at
1454	02:08:30 --> 02:08:35	this candlestick here. So what three price points here on this candlestick
1455	02:08:35 --> 02:08:41	are pertinent or useful? We're down in the volume of balance. See that. And now
1456	02:08:41 --> 02:08:45	what you'll do is you will look at this wick here, and you'll look at this wick
1457	02:08:46 --> 02:08:49	here, divide that in half, and both of them. I'm not going to do it because I'm
1458	02:08:49 --> 02:08:52	trying to get through this lecture already longer than I want it to be.
1459	02:08:52 --> 02:08:55	It's always like, I know if I say it's going to be short, it's going to be a
1460	02:08:55 --> 02:09:01	long one. But the I love over delivering the difference between this candle
1461	02:09:01 --> 02:09:09	sticks low and that candle sticks low. Okay, see that? What is that? That's
1462	02:09:09 --> 02:09:16	your fair value guy. This is just a city. This is a fair value gap. This is
1463	02:09:16 --> 02:09:19	why, when I look at other people on YouTube and ultra they'll say, here's a
1464	02:09:19 --> 02:09:25	fair value gap. That's not a fair Vega. That's not a fair Vega, that's not a
1465	02:09:25 --> 02:09:29	imbalance that I'm going to utilize. See what you're thinking is because you've
1466	02:09:29 --> 02:09:33	listened to me with graduated explanations, because I'm giving a
1467	02:09:33 --> 02:09:39	little bit like a slow leak. Okay? I'm leaking out. I'm teaching, but I'm not
1468	02:09:39 --> 02:09:45	giving you everything, because you all out there see people trying to pretend
1469	02:09:45 --> 02:09:48	that they know what them I'm teaching, or they had it figured out, and they're
1470	02:09:48 --> 02:09:51	trying to make courses, and they're writing books on Amazon, because it's
1471	02:09:51 --> 02:09:54	very easy for someone to throw something together and Amazon spits it out there.
1472	02:09:54 --> 02:10:01	Okay, I could have my books out there in two weeks, but I'm. Writing with my
1473	02:10:01 --> 02:10:06	producer, my my publisher, about the way I want my covers to be, because I only
1474	02:10:06 --> 02:10:11	get one chance to do this once. I once I've released the book for public, I
1475	02:10:11 --> 02:10:16	want, I want my way. And they're wrestling with, you know, well, you know
1476	02:10:16 --> 02:10:21	costs are going to be, I don't care. I'm not doing to make money. But see, that's
1477	02:10:21 --> 02:10:25	not what they see. They want to make money with it. So we're kind of back and
1478	02:10:25 --> 02:10:30	forth with it over that. So it'll be released when we finalize all that that
1479	02:10:30 --> 02:10:34	stuff, because I want the covers to look exactly how I want them, and I'm getting
1480	02:10:34 --> 02:10:37	a little bit resistance because of them saying the cost and what I want to
1481	02:10:37 --> 02:10:41	receive as a royalty for each book too. It's, it's a little bit of a back and
1482	02:10:41 --> 02:10:45	forth. And if you keep messing around, it's going to Self Publish, and I'll get
1483	02:10:45 --> 02:10:51	all the money. So if you look at the the low here to that candlesticks high, that
1484	02:10:51 --> 02:10:56	is your rear, that's your that's your real fair value guy, other folks on the
1485	02:10:56 --> 02:11:07	internet may see this and say, Okay. ICT says that the best portion of shorts are
1486	02:11:07 --> 02:11:12	going to occur in the lower half of that and we'll leave the upper half open. And
1487	02:11:12 --> 02:11:17	that is true when you're trading and utilizing a fair value gap that is a
1488	02:11:17 --> 02:11:22	city. But that is not what's going on here. That's why I tell you all the
1489	02:11:22 --> 02:11:29	time, there is no one trick pony explanation for a fair value gap. You
1490	02:11:29 --> 02:11:34	have to understand other factors and other PD arrays. You want a fast track
1491	02:11:34 --> 02:11:38	to selling books and courses and being mentors, because it's easy quick money.
1492	02:11:39 --> 02:11:42	But when people realize that there's someone out there that's authored it.
1493	02:11:42 --> 02:11:46	It's teaching it for free. You're losing subs, you're losing subscription costs
1494	02:11:46 --> 02:11:49	and fees coming in a month, and then he's going to make you mad and going to
1495	02:11:49 --> 02:11:51	hate me. You're going to create sock puppet accounts, you're going to troll
1496	02:11:51 --> 02:11:55	me. You're going to leave comments in my comment section that make me smile and
1497	02:11:55 --> 02:12:00	make me make longer videos because I like doing it. That is not what we're
1498	02:12:00 --> 02:12:04	seeing here. This is a change in a state of delivery right there. That opening
1499	02:12:04 --> 02:12:16	price in a perfect world. Price would do this. It would trade up to that level
1500	02:12:16 --> 02:12:20	there. Maybe this is a little bit above it, and then roll over, go lower. That's
1501	02:12:20 --> 02:12:27	the perfect world. But if we're thinking about things algorithmically, and I'm
1502	02:12:27 --> 02:12:31	teaching you how to use these PBA race properly, not look for an imbalance that
1503	02:12:31 --> 02:12:35	completely closes in, then I'm going to go long or short based on that. That is
1504	02:12:35 --> 02:12:39	the worst approach to doing that. That's the worst. That's the lowest form of
1505	02:12:39 --> 02:12:44	trading with imbalances. That's the lowest form. Why would you want to do
1506	02:12:44 --> 02:12:49	that? You're a bottom feeder. Doing that, there's more likelihood that your
1507	02:12:49 --> 02:12:52	trade's going to fail if you trade like that than if you use the logic I'm
1508	02:12:52 --> 02:12:57	teaching, which is, you don't want to see them fill in. You don't want to see
1509	02:12:57 --> 02:13:00	them fill in. So if this is the change in the state of delivery, it means the
1510	02:13:00 --> 02:13:03	price was offered going up to this is buy side delivery. It means the movement
1511	02:13:03 --> 02:13:09	of price is going up. Then you have this displacement lower that overtakes that
1512	02:13:09 --> 02:13:12	candlesticks low. Your reference point goes right back to that opening price.
1513	02:13:13 --> 02:13:16	That's the change in the state of delivery. If you look at this price
1514	02:13:16 --> 02:13:21	right here, this is on a well, let's just do it. And if I talk about it, it's
1515	02:13:21 --> 02:13:26	one thing. But we're going to look at Tuesday's price action, September 3. And
1516	02:13:26 --> 02:13:31	the price is being annotated here on that opening candle that that price of
1517	02:13:31 --> 02:13:36	that opening on this individual candlestick of Thursday, August 29 so
1518	02:13:37 --> 02:13:41	when we drop down to a lower time frame, this blue line is referencing this
1519	02:13:41 --> 02:13:45	candlesticks opening price. Okay, let's watch. We'll drop down to an hourly
1520	02:13:45 --> 02:13:58	chart. You already see it, don't you? You see it? What's going on here? It's
1521	02:13:58 --> 02:14:03	leaving all this open. Light bulbs are coming on, right? Let me go back to the
1522	02:14:03 --> 02:14:10	deal chart. I want you to fully understand what I'm showing you, this
1523	02:14:10 --> 02:14:16	candlestick that opening price. We're drawing that out in the future, when
1524	02:14:16 --> 02:14:19	price reaches this level, I'm
1525	02:14:25 --> 02:14:29	I know when I change time frames, I get a lot of comments that they're saying.
1526	02:14:29 --> 02:14:34	Can you go slower when you talk about price and you change the time frames? I
1527	02:14:34 --> 02:14:39	get lost. I get it. But that's that's the benefit of having a video, and it's
1528	02:14:39 --> 02:14:44	also where you use the pause button and you compare what my charts showing. I
1529	02:14:44 --> 02:14:48	always make a point of putting my my cursor on the individual candlestick. So
1530	02:14:48 --> 02:14:51	that way, if you're really trying to learn this, you're going to be doing
1531	02:14:51 --> 02:14:55	this same thing in your own charts. Because if you're not doing it in your
1532	02:14:55 --> 02:14:58	own charts and and trying to replicate what I'm showing you here in your own
1533	02:14:58 --> 02:15:02	charts with your own annotation. Times I mean this sincerely, okay, I'm not
1534	02:15:02 --> 02:15:06	trying to be mean spirited, because I really want you to learn. I'm talking to
1535	02:15:06 --> 02:15:13	Caleb right now, but other people are commenting, saying that I'm going too
1536	02:15:13 --> 02:15:17	fast, or I'm trying to confuse them, and I'm trying to hide something. I'm
1537	02:15:17 --> 02:15:23	literally trying to do everything I can to give you the perspective of how to
1538	02:15:23 --> 02:15:25	find it in your own chart, which is exactly what you're supposed to be
1539	02:15:25 --> 02:15:30	doing. My son is not going to just keep getting my charts annotating after the
1540	02:15:30 --> 02:15:34	fact. This is the PDA race. He's going to be expected in two weeks. At the end
1541	02:15:34 --> 02:15:38	of two weeks, he's going to start doing it. He has to do it in his charts.
1542	02:15:38 --> 02:15:41	That's what you're going to be doing when you trade, when you eventually get
1543	02:15:41 --> 02:15:44	to the point when you trade with your when you trade with your own money or
1544	02:15:44 --> 02:15:49	take risk with a funded account company, whatever it is, those elements of what
1545	02:15:49 --> 02:15:53	you've been doing and practicing are all going to culminate to that moment. If
1546	02:15:53 --> 02:15:56	you're not, if you've been only looking at what I've created, how can you be
1547	02:15:56 --> 02:16:01	confident? You won't be you won't be confident. You won't know what you're
1548	02:16:01 --> 02:16:06	doing. Okay, so this box here is highlighting. We'll do a different color
1549	02:16:06 --> 02:16:09	so it stands out a little bit differently. We'll make an ugly yellow.
1550	02:16:11 --> 02:16:17	ICT, it's my favorite color. Look, man, I don't like yellow. Okay, so if we drop
1551	02:16:17 --> 02:16:21	back down to a 60 minute chart, it's an hourly chart where
1552	02:16:30 --> 02:16:39	we got here. Why is that not going on to my I think I have it set to only show
1553	02:16:39 --> 02:16:41	one one time, right? I think so.
1554	02:16:47 --> 02:16:53	All intervals now back down to a 60 minutes. There we go. Good grief. All
1555	02:16:53 --> 02:16:58	right, so you can see what I was referring referring to here, where price
1556	02:16:58 --> 02:17:07	was wicking into that. This is one time where my watermark is not working with
1557	02:17:07 --> 02:17:13	me. So here's that opening price on that daily candlestick, that little movement
1558	02:17:13 --> 02:17:18	to the downside, and then it rallied up. Then we had that roll over on Tuesday.
1559	02:17:19 --> 02:17:24	Right this moment Here, look what price is doing. It's opening and trading right
1560	02:17:24 --> 02:17:30	back up to it. It's leaving all of this open, and it's leaving all of this open.
1561	02:17:31 --> 02:17:37	Now think about this young mentors. Okay, you're running mentorships. You're
1562	02:17:37 --> 02:17:42	trying to charge people money, teaching things you don't know how to use you're
1563	02:17:42 --> 02:17:46	going to look at this chart and say, Alright, folks, I'm running a signal
1564	02:17:46 --> 02:17:50	room. We're watching shorts. We're going to wait for price to get up into this
1565	02:17:50 --> 02:17:53	area here. And right now you're probably getting pissed off because I'm talking
1566	02:17:53 --> 02:17:58	about you. I don't know you by name. I know many of them in my mind I can think
1567	02:17:58 --> 02:18:01	of right now, I'm not going to out you here. I'm telling you how to fix what
1568	02:18:01 --> 02:18:05	you're doing wrong, because you're actually hurting people, and you're
1569	02:18:05 --> 02:18:09	defrauding people, and you're teaching stuff that you don't know how to do. So
1570	02:18:09 --> 02:18:13	because you're all here collecting and writing notes like scribes, I want you
1571	02:18:13 --> 02:18:16	to learn how to do it right, because when I'm gone, people are going to be
1572	02:18:16 --> 02:18:20	wanting to learn how to do this, and you're the first round of people
1573	02:18:20 --> 02:18:24	learning directly as I'm teaching it, so you have an advantage. So doesn't it
1574	02:18:24 --> 02:18:27	make sense to do it right and stop trying to in a hurry to get some quick
1575	02:18:27 --> 02:18:32	money? You can get a whole lifetime of money. I could be making 15 to $20
1576	02:18:32 --> 02:18:36	million every single month doing exactly what I'm doing right now, and I'm not
1577	02:18:36 --> 02:18:42	even skipping a beat. I don't need that money. You do. So if you want a whole
1578	02:18:42 --> 02:18:50	lifetime of educating with proper, respectable clientele that are going to
1579	02:18:50 --> 02:18:54	say, You know what, we trust you because you're you're able to do it, that's what
1580	02:18:54 --> 02:18:57	you want. You don't want people to think, wow, I have something I can teach
1581	02:18:57 --> 02:19:00	in hindsight and never have to do it in front of anybody or prove it. I'm
1582	02:19:00 --> 02:19:03	telling all of you if they're teaching Smart Money concepts, or if they're
1583	02:19:03 --> 02:19:08	teaching ICT stuff, unless they go out in front of the world and outline
1584	02:19:08 --> 02:19:12	exactly how it should do, behave everything you don't even need to take a
1585	02:19:12 --> 02:19:17	trade. Don't even do that. Tell us what the price is going to do if they fall on
1586	02:19:17 --> 02:19:20	their face, you just save your money. Okay, I promise you, that's the easiest
1587	02:19:20 --> 02:19:24	litmus test. You don't even need to see track records. You don't need to see
1588	02:19:24 --> 02:19:27	trading logs. You don't need to see broker statements. Have them come out on
1589	02:19:27 --> 02:19:31	a live stream, right on YouTube. Everybody can see it. I have students
1590	02:19:31 --> 02:19:36	that are doing it, not all of our teaching, obviously, but they can prove
1591	02:19:36 --> 02:19:39	that they're doing it. The easiest way to determine whether you're going to
1592	02:19:39 --> 02:19:43	waste your money is, can this person explain to me what price is going to do
1593	02:19:43 --> 02:19:46	beforehand? And because I have always marketed that you're going to learn how
1594	02:19:46 --> 02:19:49	to read price action, I cannot promise you that you're going to be profitable.
1595	02:19:49 --> 02:19:53	Why? Because you're going to be like I was in 2008 I'm going to buy the fastest
1596	02:19:53 --> 02:19:56	motorcycle and get out there and do stuff I'm not supposed to do. That's the
1597	02:19:56 --> 02:19:59	reason why I teach the way I teach, folks so all you foreigners that come at
1598	02:19:59 --> 02:20:03	me all the time. Oh, bro, you're a scammer. Fuck you. You have no idea what
1599	02:20:03 --> 02:20:08	you're talking about. You're broke. I'm not so this inefficiency right here, in
1600	02:20:08 --> 02:20:13	this inefficiency, it should never be traded to why would you expect these two
1601	02:20:13 --> 02:20:18	fair value gaps to ever be considered at all? If it's inside of that bearish fair
1602	02:20:18 --> 02:20:24	value gap and it's above the change in the state of delivery. That means it's
1603	02:20:24 --> 02:20:28	going to do what it's just going to go into a little bit. And then you want to
1604	02:20:28 --> 02:20:34	see these things stay open, because that indicates that we're really heavy. We're
1605	02:20:34 --> 02:20:38	real, real heavy. We don't need to see it go back up in here. But many of you
1606	02:20:38 --> 02:20:41	that are trying to teach courses and mentorships or signal services. I've
1607	02:20:41 --> 02:20:44	seen them. People send it to me. You're the ghost guy at Discord. He's trying to
1608	02:20:44 --> 02:20:47	sell short here. He's trying to buy here. He's trying to do that. And I'm
1609	02:20:47 --> 02:20:51	just responding with this. The blind leading the blind. You don't know what
1610	02:20:51 --> 02:20:55	you're doing. Every little separation between three candles like this is not a
1611	02:20:55 --> 02:21:02	fair value guy. It's not. This is further evidence that indicate that you
1612	02:21:02 --> 02:21:07	have to have more intel about the other PD arrays, because no matter which one
1613	02:21:07 --> 02:21:11	you start with, it could be the breaker block, it could be a propulsion block,
1614	02:21:11 --> 02:21:18	it could be a well volume bounce or fair value gap. You have to understand the
1615	02:21:18 --> 02:21:23	other ones, even if it's a small, little brief acknowledgement, okay, I recognize
1616	02:21:23 --> 02:21:26	it. That's not what I'm going to trade on. You have to refer to it because it's
1617	02:21:26 --> 02:21:32	part of the whole narrative of what price is doing. If I, if I wanted to do
1618	02:21:32 --> 02:21:35	it, and it was possible, I could just say, here's the here's the order block
1619	02:21:35 --> 02:21:38	theory, and you never need to worry about any other candlestick. But just
1620	02:21:38 --> 02:21:43	this one, you can't. It's impossible to do that because you have to have other
1621	02:21:43 --> 02:21:48	information from other facets of what price was doing. That's why you're all
1622	02:21:48 --> 02:21:52	you. You're angry at me because you think I'm hiding something from you when
1623	02:21:52 --> 02:21:55	I've told you that you have to do these things to get the answers you're asking
1624	02:21:55 --> 02:22:00	for. I know my limitation as a human being, as a teacher, I'm not going to
1625	02:22:00 --> 02:22:04	reach to the levels of what you expect in answers for certain things, because
1626	02:22:04 --> 02:22:09	those questions are answered with your own experience. And that doesn't satisfy
1627	02:22:09 --> 02:22:12	the people that are just one minute trainer, five minute trainer, teach it
1628	02:22:12 --> 02:22:18	to me in 20 minutes or less. I don't want students like that. I want people
1629	02:22:18 --> 02:22:22	that are going to be highly responsible and they are aware of what's being
1630	02:22:22 --> 02:22:24	taught and shown to them, because they can appreciate what's being shown to
1631	02:22:24 --> 02:22:29	them, because it's the truth. I can make this fraud. I can make this fluffed up
1632	02:22:29 --> 02:22:35	and all about Lamborghinis and stuff, but I can't come out here and show you
1633	02:22:35 --> 02:22:40	what I'm doing beforehand, if that's all that it is, and that's what most of what
1634	02:22:40 --> 02:22:44	you see on the internet right now is show everybody else my fancy, expensive
1635	02:22:44 --> 02:22:48	stuff. And once that happens, naughty wears off, then what are you left with
1636	02:22:48 --> 02:22:53	that people want to see you explain it. Why should it work in their own hands?
1637	02:22:53 --> 02:22:58	Because if you can't show the latte behind, why it should do something? Why
1638	02:22:58 --> 02:23:05	should anybody send you money. Why should anybody send you money for you
1639	02:23:05 --> 02:23:08	not being able to prove that you have an understanding what price is going to do
1640	02:23:08 --> 02:23:12	and you don't even need to push a button for that, folks, that's an easy litmus
1641	02:23:12 --> 02:23:16	test. Everybody out there in education has a blank check right now waiting for
1642	02:23:16 --> 02:23:19	them. If that's all I see said I gotta do well, here I can do it. Boom, there
1643	02:23:19 --> 02:23:24	it is. Watch how many people do it, though, and watch how you get banned.
1644	02:23:24 --> 02:23:27	Watch how you get blocked on an email, how you get blocked on social media,
1645	02:23:27 --> 02:23:30	when you ask them to do this stuff, I'm ready for it. I can do this every single
1646	02:23:30 --> 02:23:36	day, every single day. I'm not running out of any any yeast around here. Okay,
1647	02:23:36 --> 02:23:39	I got this Baker's got all kinds of flour and yeast. I can do it all day
1648	02:23:39 --> 02:23:43	long. But these inefficiencies are they're not going to fill they're not
1649	02:23:43 --> 02:23:50	going to trade back to you don't want them to now, because we have that, you
1650	02:23:50 --> 02:23:52	can drop down to a 15 minute time
1651	02:24:02 --> 02:24:02	frame you
1652	02:24:15 --> 02:24:21	man, it's watermark. Take it off Ichi T I want you to get rid of it anyway. I'm
1653	02:24:21 --> 02:24:26	trying to pirate your stuff. I know clowns, alright. So here's that opening
1654	02:24:26 --> 02:24:31	price on the daily candlestick, and it's the change in the state of delivery. And
1655	02:24:31 --> 02:24:35	you can see it wicking up into it we saw on that hourly chart. Now we're on a 15
1656	02:24:35 --> 02:24:40	minute time frame. It's trading into it here, and that defines that 15 minute,
1657	02:24:40 --> 02:24:46	or, sorry, hourly inefficiency the downside, it's just a Sibi that's not a
1658	02:24:46 --> 02:24:51	fair value gap that you trade. Okay? It's just showing an inefficiency. But
1659	02:24:52 --> 02:24:55	just because there's an inefficiency doesn't mean it needs to trade up into
1660	02:24:55 --> 02:24:59	it. You want to see where you are in the lay of the land, where is price at?
1661	02:25:00 --> 02:25:04	Where is it likely to go, and how's it been delivered these two inefficiencies
1662	02:25:04 --> 02:25:07	in price, they're not we don't want them to trade to them. We don't want to see
1663	02:25:07 --> 02:25:11	price go up there. But watch what happens when it starts to break lower
1664	02:25:11 --> 02:25:16	after returning back to that blue line, which is the opening price on the lower
1665	02:25:16 --> 02:25:21	up close candle on the daily chart that frames the full bearish order block. Why
1666	02:25:21 --> 02:25:24	this is this is what you end up doing with this information. Okay, this is all
1667	02:25:24 --> 02:25:28	part of the price delivery continuum theory, knowing what you're looking for
1668	02:25:28 --> 02:25:32	for from one higher time frame, and then using the information from that higher
1669	02:25:32 --> 02:25:35	Time Frame, what should you expect to see in price? So it gives you the
1670	02:25:35 --> 02:25:38	confidence it gives me. I know what I'm looking for. I know what I'm going to
1671	02:25:38 --> 02:25:41	trade off of. I know how I'm going to place my stop based on this information.
1672	02:25:42 --> 02:25:48	Big, huge paradigm shift. Ready? You ready? I don't hear you. Well, nice et,
1673	02:25:48 --> 02:25:54	I'm screaming. So it trades up into the opening of that lowest down, close, up,
1674	02:25:54 --> 02:25:57	close, candle. That makes the bearish order block. This is the change in the
1675	02:25:57 --> 02:26:00	state of delivery. The algorithm is going to refer back to that price. Here
1676	02:26:00 --> 02:26:05	we are on a 15 minute time frame. Does it wick above it? Yes. Does it wick
1677	02:26:05 --> 02:26:08	above it? Yes. Does it wick above it, yes. How can you validate that that is
1678	02:26:08 --> 02:26:12	really going to be an influential order block? ICT. Look at this lower time
1679	02:26:12 --> 02:26:18	frame. What are the bodies doing? What are they doing? Are they just going
1680	02:26:18 --> 02:26:29	through it? No, they're respecting it. Oh, so if I can see a time frame like
1681	02:26:29 --> 02:26:34	this, that's confirming it, that means this up close candle becomes a valid
1682	02:26:34 --> 02:26:40	bearish order block, and then I can use it open price right here, you're going
1683	02:26:40 --> 02:26:47	to hear my stomach, because I'm fasted, so it's already ground talking. We get
1684	02:26:47 --> 02:26:50	that on that candlestick right there. We don't need a close below it. We don't
1685	02:26:50 --> 02:26:54	need engulfing candles, does this? We don't need an fu candle, all that stuff
1686	02:26:54 --> 02:26:58	that's all 20 year olds working through a multi level marketing scam ring. Okay?
1687	02:26:59 --> 02:27:07	Scammers. Incorporated. Okay, I gotta resist myself, because I could have a
1688	02:27:07 --> 02:27:11	whole lot of fun with that, but I'm gonna do it. But we have that opening
1689	02:27:11 --> 02:27:15	price, and we get it there, so that validates this as an order block. But
1690	02:27:15 --> 02:27:23	now watch when it does this, the next candle, what does it create? I'm What's
1691	02:27:23 --> 02:27:33	this? That's your first presentation. Oh, so it's not limited to 930, to 10
1692	02:27:33 --> 02:27:37	o'clock, right? It's when you're using proper breakdown from a higher time
1693	02:27:37 --> 02:27:41	frame down to a lower time frame using the PD arrays in the proper context, and
1694	02:27:41 --> 02:27:46	its PD array matrix, where we're at in the lay of the land, that fair value
1695	02:27:46 --> 02:27:51	gap, you can trade that right there. Where's your stock go? It's got to be
1696	02:27:51 --> 02:27:56	above the order block. So your risk is entry. The lowest threshold entry is
1697	02:27:56 --> 02:28:02	this candle sticks high, and that is, I mean, I gotta move this down or up
1698	02:28:02 --> 02:28:13	rather. All right, the Fairbank is here. That candlesticks high is 19,183.25 so
1699	02:28:13 --> 02:28:17	that's your entry, minus one tick. So you want to get filled, you want to make
1700	02:28:17 --> 02:28:20	sure that you're going to get filled. That's it. Why? Because you have all
1701	02:28:20 --> 02:28:24	these other things qualifying and confirming it, but your risk is the
1702	02:28:24 --> 02:28:27	candlestick that is the bearish order. Block this one here, because it should
1703	02:28:27 --> 02:28:32	not go back above that, especially now, because we had this candles that could
1704	02:28:32 --> 02:28:35	go above it, and this candlestick goes above it, but prior to it validating
1705	02:28:35 --> 02:28:39	that closing or that opening price, it didn't need to close above or below it.
1706	02:28:39 --> 02:28:42	Let me say that one more time because of this, keep a whole bunch of
1707	02:28:42 --> 02:28:47	contradicting statements. This candlestick up close is your bare
1708	02:28:47 --> 02:28:52	shorter block. We don't know that yet, until this candlestick crosses down
1709	02:28:52 --> 02:28:57	below the opening price. It does not on this candlestick does it does not need
1710	02:28:57 --> 02:29:00	to close below the opening price of that to validate that as a bearish order
1711	02:29:00 --> 02:29:04	block, what's good about this is we had this candlestick already trade above
1712	02:29:05 --> 02:29:09	this up close candle, which is a potential we don't know it yet, bare
1713	02:29:09 --> 02:29:13	shorter block, it wicked above its high there, and it whipped above its high
1714	02:29:13 --> 02:29:17	there, and then on this candlestick, we traded below that candlesticks opening
1715	02:29:17 --> 02:29:22	that validates that candlestick as a bearish order block, any stop in this
1716	02:29:22 --> 02:29:26	close proximity, you could use the opening of that candlestick right here,
1717	02:29:26 --> 02:29:29	that right there, you can be entering and you can add more into it, into a
1718	02:29:29 --> 02:29:33	fair value gap, if it trades up into it. You know, that's what I'm saying. Like
1719	02:29:33 --> 02:29:37	you can use that as your entry mechanism. But for stop placement, you
1720	02:29:37 --> 02:29:42	have to use the high of that candlestick plus one tick, and it never goes there.
1721	02:29:42 --> 02:29:46	So that's your defined risk from this candlestick high minus one tick. That's
1722	02:29:46 --> 02:29:50	your entry to this candlestick plus one tick above its high. So that's your
1723	02:29:50 --> 02:29:57	defined risk. And you can see multiple instances where you can get in and get
1724	02:29:57 --> 02:30:03	short on that idea, that premise, you. Anyway, let's go back out to a daily
1725	02:30:03 --> 02:30:11	chart, and I'll continue on with my lecture. I really missed hanging out
1726	02:30:11 --> 02:30:21	with you guys yesterday. So here is that other wick guys up at the CME, damn it,
1727	02:30:21 --> 02:30:25	Michael, shut your mouth. You're teaching everything. Beautiful delivery
1728	02:30:25 --> 02:30:32	there. You want to screenshot that, by the way, right there you won't find that
1729	02:30:32 --> 02:30:40	in like off. You ain't gonna see that in Andrew's pitchforks. My private
1730	02:30:41 --> 02:30:46	mentorship students. That's the inside joke. All right, so anyway, all this
1731	02:30:46 --> 02:30:49	business in here, we are not looking for that to trade up into these
1732	02:30:49 --> 02:30:55	inefficiencies. They should stay open. So in reality, what we're saying is
1733	02:30:55 --> 02:31:03	this, this candle sticks low and this candle sticks high. That's your real
1734	02:31:03 --> 02:31:09	that's your real fair value guy. That's it, right there. Now let's think about
1735	02:31:09 --> 02:31:13	this for a moment. Okay, if that's your fair value gap,
1736	02:31:21 --> 02:31:28	that's not my saying. You gotta feed me, boy, this is your high on, on the
1737	02:31:28 --> 02:31:31	fairway gap, which is the low of the fairway gap, and this candle sticks low
1738	02:31:31 --> 02:31:37	is the high the fair value gap. So that defined range there, this segment, this
1739	02:31:37 --> 02:31:43	section of price, is inefficient in what buy side delivery, because this candle
1740	02:31:43 --> 02:31:47	moved lower. So in this little section of price action between this candle
1741	02:31:47 --> 02:31:51	sticks low and this candle sticks high, we're only focused in in this little
1742	02:31:51 --> 02:31:56	shaded area, we wait for price to go up into it, because what is that doing?
1743	02:31:56 --> 02:32:01	It's offering the sell side delivery. That means it's overlapping this down
1744	02:32:01 --> 02:32:07	movement between this candle is low and this candle is high. It's inefficient
1745	02:32:07 --> 02:32:12	because it didn't have any other candlestick cross over the range defined
1746	02:32:12 --> 02:32:17	by this candles low and this candle is high while price was going up. That's
1747	02:32:17 --> 02:32:20	why I use the analogy all the time painting. You know when you apply the
1748	02:32:20 --> 02:32:25	paint to the wall, first moments of applying the paint with the roller, it's
1749	02:32:25 --> 02:32:29	real lush and it's ample supply of paint. But you keep rolling, eventually
1750	02:32:29 --> 02:32:32	that roller will run out of paint in certain parts of it, and you'll start
1751	02:32:32 --> 02:32:36	seeing these little pockets, these little porous delivery of paint. And
1752	02:32:36 --> 02:32:40	then what you'll have to do is you roll the roller right back up over top that
1753	02:32:40 --> 02:32:43	same thing. Well, let's same things occurring. Here you roll the paint down,
1754	02:32:43 --> 02:32:46	and then you're going to have these little porous pockets where it didn't
1755	02:32:46 --> 02:32:51	create a very smooth delivery price action. We'll see that when we drop back
1756	02:32:51 --> 02:32:55	down to lower time frames. But here it looks you can't see that. So the only
1757	02:32:55 --> 02:32:59	way you can see on this time frame is defining with a fair value gap, which is
1758	02:32:59 --> 02:33:04	why I created that concept. Then this run back up into it is overlapping, that
1759	02:33:04 --> 02:33:08	even though it whipped and went lower, that delivery right there. That's what
1760	02:33:08 --> 02:33:12	I'm I'm studying that when I was setting up that turtle soup cell, what did I
1761	02:33:12 --> 02:33:17	teach you about turtle soups, their reversal patterns and their continuation
1762	02:33:17 --> 02:33:22	patterns? You can use the fair value gap to get into a turtle suit. Stop
1763	02:33:22 --> 02:33:29	listening to Twitter version turtle Supers. Okay, I promise you candle range
1764	02:33:29 --> 02:33:35	theory is bullshit. Okay, it's bullshit. It's absolute bullshit. So stop it, stop
1765	02:33:35 --> 02:33:40	it. Go out and call it every single day. Walk out here like I'm walking. Call it
1766	02:33:40 --> 02:33:44	out, line it up. Do it, trade it, and then everybody will buy your course. I
1767	02:33:44 --> 02:33:48	promise you, they'll all buy your course, and you'll be the next hero. But
1768	02:33:48 --> 02:33:51	you're not going to do that because you're staying in the hindsight of of
1769	02:33:52 --> 02:33:57	2020, stop putting sock puppet comments in there. I know you're losing sales,
1770	02:33:57 --> 02:34:04	but I don't give a this range in here. It's not because I hate you. It's
1771	02:34:04 --> 02:34:07	everybody that's trying to teach my stuff. You don't have any right to do
1772	02:34:07 --> 02:34:13	it. Alright? So this level here, I'm going to, I'm going to color this one.
1773	02:34:16 --> 02:34:22	We'll do orange and like it roll bold. Okay, so that way it'll be this pink,
1774	02:34:23 --> 02:34:27	reddish area that's highlighted to this candlesticks low. We're highlighting
1775	02:34:27 --> 02:34:31	this inefficiency because it's defined by this candle is high, that candle is
1776	02:34:31 --> 02:34:36	low. This candle is high. Is anchored with that, that broad orange color. And
1777	02:34:36 --> 02:34:40	we're going to look at what price was doing here yesterday, and that's what I
1778	02:34:40 --> 02:34:45	was utilizing to get short in the turtle suit, and then everything will become
1779	02:34:45 --> 02:34:51	perfect. You'll have a a clear depiction of what price is going to do, because
1780	02:34:51 --> 02:34:59	I'm showing you how I executed yesterday. My focus and aim was I didn't
1781	02:34:59 --> 02:35:04	I thought I left. That wine or anything that was this one. So that price is you
1782	02:35:04 --> 02:35:08	want to have it on your chart with 18,005 52, and a half, and then the next
1783	02:35:08 --> 02:35:18	one is this one. ICT calls in the crash. Don't hate the player. Hate the game,
1784	02:35:18 --> 02:35:22	baby. So yeah, of course, I'm an enemy fan. What are you talking about? It's
1785	02:35:22 --> 02:35:30	talking about? So this candlestick high on Wednesday, okay, that run above that.
1786	02:35:30 --> 02:35:35	That's my turtle suit. So if I'm looking for this level down here, which I'm
1787	02:35:35 --> 02:35:42	gonna I'm gonna label this line with a black level, okay, and that way we know
1788	02:35:42 --> 02:35:48	that that's what ice T's aiming for. So between this candlesticks low, this
1789	02:35:48 --> 02:35:53	candle sticks high, something in here, I want to I want to attack it. I'm waiting
1790	02:35:53 --> 02:35:58	for them to give me a high, a short term high around time of day that I want to
1791	02:35:58 --> 02:36:02	trade. And then I'm going to wait for it to pierce that high. That's turtle suit.
1792	02:36:02 --> 02:36:05	What I just said will make sense in a minute. Let me drop down a little time
1793	02:36:05 --> 02:36:13	frames. But I'm thinking that I want to be short above this high and aim for
1794	02:36:13 --> 02:36:17	this level right here. That's a one shot, one kill. I'm
1795	02:36:23 --> 02:36:28	that's that's my focus. I want to be above this price and aim for that one.
1796	02:36:29 --> 02:36:34	I'm willing to absorb and ride out all the little fluctuations between where I
1797	02:36:34 --> 02:36:39	get in at and where my initial stop loss is to where I'm aiming for that's down
1798	02:36:39 --> 02:36:46	here. Okay. How. How do we accomplish that? Glad you asked. Let's go down to a
1799	02:36:46 --> 02:36:51	hourly chart. Remember this orange line is this candlesticks high? So it has to
1800	02:36:51 --> 02:36:56	be an entry for shorting above that level. My entry to get short has to be
1801	02:36:56 --> 02:37:02	above this candle sticks high. So that's this price up here. Look at this right
1802	02:37:02 --> 02:37:08	here. This candle sticks high. My entry going short has to be above that as much
1803	02:37:08 --> 02:37:15	as this candle sticks low. Watch this price right here. So I have a range of
1804	02:37:15 --> 02:37:19	looking for a short in that general proximity. I'm waiting for something to
1805	02:37:19 --> 02:37:26	form, technically, affording me a short where I can frame a stop loss using the
1806	02:37:26 --> 02:37:29	language I'm teaching you, so that way you can see it conceptually. All right,
1807	02:37:30 --> 02:37:35	I promise you, once you understand everything that I'm teaching, the
1808	02:37:35 --> 02:37:39	explanations don't need to be this long and drawn out. But because I have so
1809	02:37:39 --> 02:37:43	many new students, I'm getting 60,000 new subscribers every month, which is
1810	02:37:43 --> 02:37:49	crazy. So imagine my my inbox is constantly the same questions, and I'm
1811	02:37:49 --> 02:37:53	reminding you to stick with the 2024 mentorship, because it's going to answer
1812	02:37:53 --> 02:37:57	a lot of questions more directly than I've ever done in any previous lectures.
1813	02:37:57 --> 02:38:00	But you can always go back in your free time and watch those other ones too,
1814	02:38:00 --> 02:38:04	because it's good stuff. It's I use all that stuff still, but I'm doing this in
1815	02:38:04 --> 02:38:08	live market conditions over live price action, so you can see me explain all
1816	02:38:08 --> 02:38:11	this stuff, and then you watch it happen your charts, and you're left with no
1817	02:38:11 --> 02:38:18	excuse. So we're in this little area. The opportunity is from here to here.
1818	02:38:18 --> 02:38:21	Okay, so now drop hourly. And
1819	02:38:33 --> 02:38:37	that fun talk too slow, man, you talk too much. And you got to get rich at the
1820	02:38:37 --> 02:38:42	point. So we have this old high and inside this range here. What's it
1821	02:38:42 --> 02:38:47	reaching for? When it whipped up like this, what is it reaching for? Look over
1822	02:38:47 --> 02:38:54	to the left. What is all this? That was me framing the order block up here, and
1823	02:38:55 --> 02:39:01	then you have all these wicks, which becomes, what Balanced price range. Why?
1824	02:39:01 --> 02:39:05	Why is this balanced? Because we have this candlestick opening trading up
1825	02:39:05 --> 02:39:08	here. We have this candlestick opening and trading up here. We have this
1826	02:39:08 --> 02:39:12	candlestick opening and trading up here. So essentially, what you're seeing is,
1827	02:39:12 --> 02:39:23	is you're seeing a wall of price action that's been delivered here. The it's
1828	02:39:23 --> 02:39:26	offered by side and sell side all throughout this range here, and then it
1829	02:39:26 --> 02:39:33	leaves it right there. So that means that I can take that idea and say, I'm
1830	02:39:33 --> 02:39:38	going to extend this over here, and once it gets into that area, it should have
1831	02:39:38 --> 02:39:45	no easy path into all this stuff or higher. So now I'm further refining this
1832	02:39:45 --> 02:39:52	down into a small little pocket of price range. So yes, it can touch this, but
1833	02:39:52 --> 02:39:55	before we get to that range when it's trading above this high here, when it's
1834	02:39:55 --> 02:40:05	doing this movement on the hourly, I'm. What can I use as an initial framework
1835	02:40:05 --> 02:40:09	to say, Okay, where's my focus at? It's going up to this level, an extreme
1836	02:40:09 --> 02:40:13	level, but it's going to have a real hard time getting above that, because
1837	02:40:13 --> 02:40:16	we've seen back and forth individual candlesticks overlapping, overlapping in
1838	02:40:16 --> 02:40:22	the sign in same range. Then we have this right there where it leaves that
1839	02:40:22 --> 02:40:25	balance price range, and it leaves this little, tiny little section, section of
1840	02:40:25 --> 02:40:32	price action exposed with inefficiency. What is it inefficient in it's sell side
1841	02:40:32 --> 02:40:36	delivery, but buy side inefficient. That means it's got to have at some time in
1842	02:40:36 --> 02:40:41	the future, after this candlestick closes and this one starts to
1843	02:40:41 --> 02:40:50	efficiently offer the market fair value pricing. This gap is what it is. Should
1844	02:40:50 --> 02:40:54	be repriced to with buy side delivery. That means movement up in price, and we
1845	02:40:54 --> 02:41:02	get that here. See how it's starting to flesh out more and more. If this, then
1846	02:41:02 --> 02:41:07	that, if this, then that, if not this, then the other thing, or sit still. So
1847	02:41:07 --> 02:41:13	now we have this wall of price action. We're going to take that away, because
1848	02:41:13 --> 02:41:16	it's going to confuse you, this fair value gap. We're going to drop down into
1849	02:41:16 --> 02:41:27	a 15 minute time frame. This is all top down analysis. So here's the high where
1850	02:41:27 --> 02:41:38	that little orange level was anchored to, and this gap, this one here, I'm
1851	02:41:38 --> 02:41:45	going to take this one off for a second. This gap here is above this old high,
1852	02:41:46 --> 02:41:50	and we're trading up. We want to, I want to try to take a short as it's trading
1853	02:41:50 --> 02:41:55	higher as it goes higher. I want to sell short into that because it's going into
1854	02:41:55 --> 02:41:58	that inefficiency. I had that big wall of price action. Remember, on the hourly
1855	02:41:58 --> 02:42:02	chart, it's all those wicks that was saying, I'm a balanced price range. It
1856	02:42:02 --> 02:42:07	might touch me, but I'm not going anywhere. I'm going to keep price from
1857	02:42:07 --> 02:42:13	going any higher, but the wicks can do what they are allowed to do the damage.
1858	02:42:13 --> 02:42:18	That means they can color just outside the lines. So we're seeing that happen
1859	02:42:18 --> 02:42:24	here. There's the the fair value gap range. It's expanding just a little bit
1860	02:42:24 --> 02:42:29	outside of it. But more importantly, my focus is, is I'm getting above that high
1861	02:42:29 --> 02:42:35	right there. Because this is all part of a daily fair value gap, institutional
1862	02:42:35 --> 02:42:41	order flow entry drill. That means I expect it not to completely close in a
1863	02:42:41 --> 02:42:45	bearish, fair value gap. I want to see it just go in a little bit like it's
1864	02:42:45 --> 02:42:51	doing right here. And I want to see it immediately send price lower. Okay, now
1865	02:42:51 --> 02:42:53	we can drop down to a five minute chart.
1866	02:42:58 --> 02:43:02	Everything starts getting more and more scientific, doesn't it? If I'm watching
1867	02:43:02 --> 02:43:07	this time frame, what do I want to see in price? Well, what is my price
1868	02:43:07 --> 02:43:12	delivery? Continuum theory. Teach you the higher Time Frame, order flow, any
1869	02:43:12 --> 02:43:16	PDA rate that you're using on a higher time frame, which higher than a a five
1870	02:43:16 --> 02:43:19	minute chart, a six minute chart, a seven minute chart, an eight minute
1871	02:43:19 --> 02:43:22	chart, anything higher than a five minute chart. So what are my usual
1872	02:43:22 --> 02:43:29	picks? I use the industry standards because I want to have this little
1873	02:43:29 --> 02:43:32	disruption to what you're used to, if you come from other schools of thought.
1874	02:43:32 --> 02:43:36	So everybody understands that the weekly, I'm sorry, the monthly, the
1875	02:43:36 --> 02:43:40	daily, I'm sorry, the monthly, the weekly, the daily, the four hour, the
1876	02:43:40 --> 02:43:43	one hour, the 15 minute, the five minute, the one minute, and anything
1877	02:43:43 --> 02:43:48	less than a one minute chart, it's just, you know, bonkers, right? So I say that
1878	02:43:48 --> 02:43:54	one tongue in cheek, the previous higher Time Frame gave us this pink shaded area
1879	02:43:54 --> 02:43:58	for the fair value gap to be defined. I laid the rectangle on it based on the
1880	02:43:58 --> 02:44:02	higher time frame, and now, because it's transposed to this time frame. Now we're
1881	02:44:02 --> 02:44:08	on a five minute chart. What are the bodies telling me? They're respecting
1882	02:44:08 --> 02:44:13	it, aren't they? So I'm getting closer and closer to what it is I'm looking
1883	02:44:13 --> 02:44:18	for, because every frame of reference for time, because that's the most
1884	02:44:18 --> 02:44:25	paramount thing, no matter who tells you what, baby, time is the most important
1885	02:44:25 --> 02:44:30	factor before price does anything? Because if ain't the right time, price
1886	02:44:30 --> 02:44:35	ain't going nowhere. Period. The bodies are saying, Yeah, we're respecting that.
1887	02:44:35 --> 02:44:38	We're not, we're not going to color outside the lines. But the wicks will
1888	02:44:38 --> 02:44:41	see you watch these wicks when it's happening like this, and you think, Oh,
1889	02:44:41 --> 02:44:46	they're they're changing the algorithm. They're making traps. Tell me if I was
1890	02:44:46 --> 02:44:52	trapped yesterday, or was I trapping breakout artists, I was fading at the
1891	02:44:52 --> 02:44:58	highest form using what I'm teaching you right here. I'm teaching you the real
1892	02:44:59 --> 02:45:03	turtle suit. Not Linda Raskin Larry Connors turtle suit. Buy the book, and
1893	02:45:03 --> 02:45:08	you'll see none of this is in there. No disrespect to Linda. I respect her. She
1894	02:45:08 --> 02:45:11	was a mentor to me through a book. I've never met her before. I never talked to
1895	02:45:11 --> 02:45:16	her, except for one time she exchanged a reply to me on Twitter. That was it. I'm
1896	02:45:16 --> 02:45:20	not a fan. I'm not a going crazy like I was with Larry Williams. I have a high
1897	02:45:20 --> 02:45:26	degree respect for because she had a huge impact on me in understanding stop
1898	02:45:26 --> 02:45:30	hunts. That book helped me understand that. But I don't teach anything from
1899	02:45:30 --> 02:45:33	that book, and you should all own that book. And by me telling you to buy the
1900	02:45:33 --> 02:45:36	book, that's what that does. It cancels out me hiding anything. Oh, he's
1901	02:45:36 --> 02:45:40	secretly teaching Smart Money concepts that were found in street smarts book
1902	02:45:40 --> 02:45:46	wrong. I'm not. I love the name turtle suit, and I just borrowed it for my
1903	02:45:46 --> 02:45:50	approach to seeing reversals, because in my mind, I'm I'm thinking every person
1904	02:45:50 --> 02:45:54	is a breakout artist is thinking the same way that the turtle traders were.
1905	02:45:54 --> 02:45:58	Richard Dennis taught them to use a 20 day high breakout. If it went above the
1906	02:45:58 --> 02:46:01	highest high in the last 20 days. They bought it and they use the lowest low
1907	02:46:01 --> 02:46:04	and, well, I'm not going to teach you. Buy the book and you'll get the rules.
1908	02:46:04 --> 02:46:08	But the point is this, none of that's being taught here, but the idea of a
1909	02:46:08 --> 02:46:13	stop hunt and then drawing back into the previous range, it helped me understand
1910	02:46:13 --> 02:46:17	it where I was not seeing that in any other books I was reading. So it helped
1911	02:46:17 --> 02:46:22	me understand something on a short term basis, and it gave me something to use
1912	02:46:22 --> 02:46:27	and study price action with where mine, no disrespect to those individuals that
1913	02:46:27 --> 02:46:32	wrote that book, but I absolutely believe undeniable evidence that mine is
1914	02:46:32 --> 02:46:37	the highest tier of application of the idea of a stop on like I don't think
1915	02:46:37 --> 02:46:41	anybody else has done any better work on it. And if you think that I'm not being
1916	02:46:41 --> 02:46:45	truthful in that show me that book, show me that art, that author, I would love
1917	02:46:46 --> 02:46:49	to have someone show me something better, not for the sake of competition,
1918	02:46:49 --> 02:46:53	because they may, they may know something that I don't know. I think
1919	02:46:53 --> 02:46:57	it's highly unlikely, but I don't think it's going to happen. But what I'm
1920	02:46:57 --> 02:47:02	teaching you is how to use the top down approach and use the price delivery
1921	02:47:02 --> 02:47:07	continuum theory, which is whatever the higher Time Frame PD arrays have done at
1922	02:47:07 --> 02:47:12	a higher Time Frame chart, the lower ones should start respecting that PD
1923	02:47:12 --> 02:47:18	array. As you see here, we allow those wicks to color outside that. It's normal
1924	02:47:18 --> 02:47:21	for that to happen. But what I'm watching is, is what the what do the
1925	02:47:21 --> 02:47:30	bodies do? Are the bodies going beyond the PD array that I'm using to anchor my
1926	02:47:30 --> 02:47:33	analysis on a higher Time Frame chart? In this case, we've seen what? No, it
1927	02:47:33 --> 02:47:40	doesn't do that. No, it's not doing that at all. When you're looking at a gap.
1928	02:47:40 --> 02:47:43	Okay, I'll give you something else that's going to was just supposed to be
1929	02:47:43 --> 02:47:48	in the book. When you're looking at a fair value gap, how far can it go
1930	02:47:48 --> 02:47:52	outside of the range that defines that fair value gap and still be good? How
1931	02:47:52 --> 02:47:58	wide is the fair value gap? Because the WIC can do that range outside of it.
1932	02:47:58 --> 02:48:02	That's one standard deviation on the fair value Yeah, that is not changing
1933	02:48:02 --> 02:48:05	anything for me if it starts going above it a little bit like that. You've seen
1934	02:48:05 --> 02:48:09	me annotate trades. It's a mohawk. That's how I type it. It's a mohawk.
1935	02:48:09 --> 02:48:13	It's just a little tiny, little stray hair. Someone like when you're cutting
1936	02:48:13 --> 02:48:16	the grass, you're not paying attention because you're watching a Nixon neighbor
1937	02:48:16 --> 02:48:19	because she's in the bathing suit, and you're gonna get in trouble if your wife
1938	02:48:19 --> 02:48:22	catches you. You leave that little line. You like that stuff, don't you the
1939	02:48:22 --> 02:48:25	little line of grass that you didn't really move over perfectly, and you look
1940	02:48:25 --> 02:48:28	back and you're like, Oh, I gotta go back over and fix it, because you were
1941	02:48:28 --> 02:48:30	distracted. You weren't doing what you're supposed to do, which is follow
1942	02:48:30 --> 02:48:34	the process of overlapping a little bit, make sure you're not leaving any stray
1943	02:48:34 --> 02:48:38	hairs, or in this case, little straight areas of grass. Well, that's what the
1944	02:48:38 --> 02:48:41	algorithm is doing, just coloring outside the lines a little bit, but the
1945	02:48:41 --> 02:48:46	standard deviation of whatever that PD array or inefficiency is the fair value
1946	02:48:46 --> 02:48:49	gas when you're looking like this, they're refined smaller, smaller.
1947	02:48:49 --> 02:48:53	They're not going to go five times this. Okay, and then so it's a good trade.
1948	02:48:53 --> 02:48:58	It's going to be within the realm of whatever this fair Ray gap width is. It
1949	02:48:58 --> 02:49:02	can color outside the line that much. Generally, it won't do that much at all,
1950	02:49:02 --> 02:49:05	but that's the rule. Story, okay. Now you're not going to find that in
1951	02:49:05 --> 02:49:11	anything else, and today, September 6 of 2024 on YouTube, Michael J Huddleston
1952	02:49:11 --> 02:49:15	has given you more context around fair value gaps. Everybody's going to have it
1953	02:49:15 --> 02:49:18	in their mentorship now, everybody's going to have it in their courses, and
1954	02:49:18 --> 02:49:21	they're all going to have it real quick in the chapter in fairbaig, yes, with
1955	02:49:21 --> 02:49:25	her Amazon book, but you're still not getting everything. You're gonna see
1956	02:49:25 --> 02:49:29	that that's just small little pieces, little pieces of it. This technical
1957	02:49:29 --> 02:49:35	science, baby. Okay, we're not talking about checkers. So watch what happens
1958	02:49:35 --> 02:49:39	when we use the same watch going down into the one minute chart. Can you tell
1959	02:49:39 --> 02:49:44	I like doing this? Can you tell I enjoy it? I like a little too much. My wife
1960	02:49:44 --> 02:49:49	said you're just obsessive. Well, you got to be, I mean, because this stuff is
1961	02:49:49 --> 02:49:53	boring otherwise, right? If you're not really dialed in and excited about what
1962	02:49:53 --> 02:49:57	it is, you're learning, how could you possibly be expected to do very, very
1963	02:49:57 --> 02:50:01	well with it? You're going to get quickly bored with. Say, won't you? Of
1964	02:50:01 --> 02:50:07	course, you will. So now look what we have here. Right away. Students of mine
1965	02:50:07 --> 02:50:13	that have been with me for a long time know that this is a market maker, sell
1966	02:50:13 --> 02:50:19	model. Where's your consolidation right here? Why are you picking that I see?
1967	02:50:19 --> 02:50:24	Why aren't you using this down here? Because this is all impulsive price
1968	02:50:24 --> 02:50:29	action. It's, it's real sharp. We don't want that. We're looking for our eye
1969	02:50:29 --> 02:50:33	goes for the original what? What's the rules for market maker, sell model, buy
1970	02:50:33 --> 02:50:39	model, the original. Consolidation. That means your eyes looking for a perfect
1971	02:50:39 --> 02:50:46	little box of price action. Well, can you see that this to this? Those are
1972	02:50:46 --> 02:50:52	relatively equal lows, right? Go straight up from there. What do you
1973	02:50:52 --> 02:50:57	have? That's your original consolidation. Inside the original
1974	02:50:57 --> 02:51:02	consolidation, go back to the original rules. This is old stuff. It can drop
1975	02:51:02 --> 02:51:05	down slightly below that low, right there, which is what you get. And then
1976	02:51:05 --> 02:51:09	once it leaves it, it can touch what the original consolidation, high. Oh, that's
1977	02:51:09 --> 02:51:18	support, resistance, save it. Pal, expansion, up, re accumulation. I'm
1978	02:51:18 --> 02:51:22	sorry, first stage accumulation, re accumulation, or second stage re
1979	02:51:22 --> 02:51:32	accumulation, then it rallies up and creates, what smart money reversal? How
1980	02:51:32 --> 02:51:39	does Smart Money know to sell short at the highs like that? That was the
1981	02:51:39 --> 02:51:44	question I had in the 90s. I sat and looked at charts like this, and I think,
1982	02:51:44 --> 02:51:48	Man, I wish I could trade the Swiss Franc and get that kind of move. Man, I
1983	02:51:48 --> 02:51:52	wish I could trade the Deutsche Mark, which they don't trade anymore. I wish I
1984	02:51:52 --> 02:51:54	could get in there and trade that.
1985	02:51:56 --> 02:52:00	And I went in and I started breaking things down, and I met some people. And,
1986	02:52:01 --> 02:52:06	little things happened, okay, and some visitors come and see me. So I learned
1987	02:52:06 --> 02:52:10	some things, let's put it that way. And what I learned is what you think about,
1988	02:52:10 --> 02:52:16	what the markets are doing or not in at all doing that. So by having what is
1989	02:52:16 --> 02:52:20	really going on versus how I can communicate that in a price chart,
1990	02:52:20 --> 02:52:24	that's what you're seeing here. You don't need the smart money reversal. And
1991	02:52:24 --> 02:52:28	that's exactly what I taught when I was teaching my market maker buy and sell
1992	02:52:28 --> 02:52:36	models, which is absolutely not like off. It is not now the idea the infancy
1993	02:52:36 --> 02:52:40	of white cough, if you study just the beginning parts of that stuff. Don't get
1994	02:52:40 --> 02:52:47	caught up in all the other garbage, but the overall markup aspect and then the
1995	02:52:47 --> 02:52:52	selling off of it, that is a market truism. It has nothing to do with white
1996	02:52:52 --> 02:52:56	cough. Has nothing to do with ICT. That's just the way markets do. They go
1997	02:52:56 --> 02:53:01	up and they go down, they rally up and they sell off like anything else. When
1998	02:53:01 --> 02:53:08	the market is hot for for homes, it goes up. All the prices keep going up. Who
1999	02:53:08 --> 02:53:12	sets the price for your house when you try to sell it? Well, if you have a good
2000	02:53:12 --> 02:53:17	realtor, they'll say, This is what the comps are in your area. And what do you
2001	02:53:17 --> 02:53:25	do? Well, I want to be the highest comp. That's what I did, and I got $15,000
2002	02:53:25 --> 02:53:32	more than I asked for. And then another house just sold. Last was it march for
2003	02:53:32 --> 02:53:36	more than my money, or for more, I'm sorry, for the amount of money more than
2004	02:53:36 --> 02:53:40	I sold. And my house had more stuff. My house was the biggest one in
2005	02:53:40 --> 02:53:45	development, and had more things done to it inside, and they sold it for almost
2006	02:53:45 --> 02:53:52	$100,000 more than mine, but I just wanted to unload it, and you set the
2007	02:53:52 --> 02:53:59	price for your home when you're trying to sell it. Who owns the market? That's
2008	02:53:59 --> 02:54:04	a question is going to keep you up at night. Who owns the market? You're never
2009	02:54:04 --> 02:54:13	going to meet them. You are never going to meet that entity. You all think it's
2010	02:54:13 --> 02:54:17	a it's a combination of everybody comes together and we're buying and selling,
2011	02:54:17 --> 02:54:23	and that's the market. Oh, crap. That is not it. They're just creating a watering
2012	02:54:23 --> 02:54:30	hole. And when everybody comes to the watering hole to get a drink, that's
2013	02:54:30 --> 02:54:35	when people eat, when they're predators and they want to take down something for
2014	02:54:35 --> 02:54:41	food, because they need meat. In this world, in the financial market. Money is
2015	02:54:41 --> 02:54:49	meat. That's how you sustain yourself. You eat the best. So if you can entice
2016	02:54:49 --> 02:54:53	the richest people in the world and the biggest conglomerates in the world that
2017	02:54:53 --> 02:54:57	want to speculate as well, you create a warning hole for them to do that, and
2018	02:54:57 --> 02:55:03	then you eat you. Uh, that's what the market's for. Anybody tells you anything
2019	02:55:03 --> 02:55:08	else? It's not it. They don't know what you're talking about. So when price is
2020	02:55:08 --> 02:55:19	trading up into this area, what time is this time of day? What is it? It's after
2021	02:55:19 --> 02:55:28	the opening range of 930, to 10 o'clock. So we now have the market trading inside
2022	02:55:28 --> 02:55:34	of our fair value gap, but now that's the first time can trade there. So
2023	02:55:34 --> 02:55:38	anyone that wants to go short just as because it rallies up higher, like that,
2024	02:55:39 --> 02:55:45	you gotta wait. Just give it a chance. Give it a chance to let people go after
2025	02:55:45 --> 02:55:50	it, because it's the second mouse that gets the cheese. See, this is the cheese
2026	02:55:50 --> 02:55:55	right here. It's baited. That's the area that everybody would want to get if they
2027	02:55:55 --> 02:55:58	understood what I'm teaching. They want to get that price level. It's real high.
2028	02:55:58 --> 02:56:02	It's nice, but they don't understand the market maker, sell, model, which is
2029	02:56:03 --> 02:56:07	consolidation, maybe a stop hunt. Initially rallies touch the original
2030	02:56:07 --> 02:56:17	consolidation. Rally higher, accumulate, second stage re accumulation. Then it
2031	02:56:17 --> 02:56:21	rallies and takes out a higher, high, right there. It's coloring outside. We
2032	02:56:21 --> 02:56:24	saw it on the hourly. We saw it on the 50. 15 minute time. We saw it on the
2033	02:56:24 --> 02:56:27	five minute chart. There was wicks up here, right? That's what these bodies
2034	02:56:27 --> 02:56:34	are on a one minute chart that is completely permissible. We're not going
2035	02:56:34 --> 02:56:39	to look at the bodies of a one minute time frame when the higher Time Frame,
2036	02:56:40 --> 02:56:46	hourly, 15 minute and five minute are showing just the wicks the one minute
2037	02:56:46 --> 02:56:51	charts going to have bodies there, just like when you're looking at a one minute
2038	02:56:51 --> 02:56:55	chart, if you look at the wick on this candlestick here, go down to a 15 second
2039	02:56:55 --> 02:56:59	or five second chart, you're going to see bodies on that Time Frame. It's
2040	02:56:59 --> 02:57:05	completely reasonable to expect that. But watch when price takes out this high
2041	02:57:05 --> 02:57:11	here, and we're inside this area as well. I want to be selling short. I want
2042	02:57:11 --> 02:57:17	to get short in there. I want to add more, if it can afford me, outside the
2043	02:57:17 --> 02:57:22	coloring of that shaded area that that's premium pricing, like, that's really
2044	02:57:22 --> 02:57:26	good. That's like, you selling your house for $100,000 more than what you
2045	02:57:26 --> 02:57:31	were originally aiming to do. Who's gonna who's gonna be mad about that?
2046	02:57:31 --> 02:57:37	Nobody is. And so since I'm aiming for something in this area here, and
2047	02:57:37 --> 02:57:40	targeting all the way down to that black line right there, in my mind, I'm
2048	02:57:40 --> 02:57:45	thinking, this is the beginning. This is the inception of the trade, and this is
2049	02:57:45 --> 02:57:50	my Terminus down here. I don't care what this is all going to require of me,
2050	02:57:50 --> 02:57:54	because I'm not going to chase my stop loss throughout all that range. I'm
2051	02:57:54 --> 02:57:58	going to wait for logical price points, and then once I place my stop I'm going
2052	02:57:58 --> 02:58:03	to sit still. That's one shot, one kill, because I'm taking down my mark. My mark
2053	02:58:03 --> 02:58:07	is this level down here. That's the low of that fair value gap on the daily
2054	02:58:07 --> 02:58:14	chart. So now, when we have this Smart Money reversal, you don't need that wait
2055	02:58:14 --> 02:58:17	for it to break in market structure. That's what you get with this little
2056	02:58:17 --> 02:58:21	high here. I'm sorry, this low, we get it right there, and then we trade back
2057	02:58:21 --> 02:58:25	up into what the order block, where's changing state of delivery on that, that
2058	02:58:25 --> 02:58:31	opening price on that candlestick, right there, oh, there. Pulled my plug, my
2059	02:58:31 --> 02:58:40	laptop in. I went past the the battery life here. Give me a second. This is a
2060	02:58:40 --> 02:58:47	boring stuff. Ain't this guy talks too much. Get out of here if that's how you
2061	02:58:47 --> 02:58:52	think. You ain't my student. I don't care to read your comments. And that's
2062	02:58:52 --> 02:59:01	broom you. So if this is in fact, correct, any little retracements up
2063	02:59:01 --> 02:59:07	should not take out this high and our premium rate, it's inside this as well,
2064	02:59:07 --> 02:59:13	like this order block that price is what you see me annotating in the recording.
2065	02:59:16 --> 02:59:21	I'll tell you what, if I don't see 25,000 likes on this video or this live
2066	02:59:21 --> 02:59:25	stream. I promise you, I will take two weeks off of live streaming, and I won't
2067	02:59:25 --> 02:59:30	come back until then, because this is stuff that I absolutely never, ever,
2068	02:59:30 --> 02:59:35	ever wanted to teach, and it's just that little little thank you from you all you
2069	02:59:36 --> 02:59:40	25,000 or you won't see me live stream until it gets there. And if it doesn't
2070	02:59:40 --> 02:59:43	get there, I won't live stream. It'll all be pre recorded
2071	02:59:45 --> 02:59:46	stuff. Oh, you're a jerk.
2072	02:59:47 --> 02:59:52	It's free, bro. So anyway, the opening price here extend that forward. Every
2073	02:59:52 --> 02:59:59	time we worked inside that, see that, what is it doing? It's.
2074	03:00:00 --> 03:00:05	ICT: Building up positions inside the lower half of this candlestick. But
2075	03:00:05 --> 03:00:10	there's no algorithm, right? How do we use PD arrays? If it's a premium array,
2076	03:00:10 --> 03:00:14	we want to see the lower half of it utilized in the upper half, ideally not
2077	03:00:14 --> 03:00:18	touched. That's that point here. I'm referencing that. Go watch a video. Go
2078	03:00:18 --> 03:00:23	watch it at point two, five speed. You'll see me annotating, saying it's
2079	03:00:23 --> 03:00:27	working the lower half of the discount portion, and it's under the mean
2080	03:00:27 --> 03:00:33	threshold. Mean threshold is a reference point to a a range, like that order
2081	03:00:33 --> 03:00:37	block, or it's kind of like equilibrium, but when we're talking about a specific
2082	03:00:37 --> 03:00:42	candle, it's mean threshold in order. It's it's threshold for any type of
2083	03:00:42 --> 03:00:47	retracements in and still being valid should be, if you're bearish, up close
2084	03:00:47 --> 03:00:52	candles at the halfway point and lower. That's where all of your institutional
2085	03:00:52 --> 03:00:56	buying and selling is going to be weighed on. In this case, we have up
2086	03:00:56 --> 03:01:00	close candles. That's a bearish order block that's validated on this
2087	03:01:00 --> 03:01:05	candlestick right here. Soon as we pass below that opening price there, let me
2088	03:01:05 --> 03:01:09	slow down here, because I know what's happening right now. You are brand new,
2089	03:01:09 --> 03:01:12	and you're probably hearing this stuff. You're like, What in the hell is this
2090	03:01:12 --> 03:01:20	guy talking about? I'm not your entry level educator. My assumptions are that
2091	03:01:20 --> 03:01:24	you've gone through a lot of the market maker primer course that's on my YouTube
2092	03:01:24 --> 03:01:29	channel. If you go through that, that'll that'll give you a little bit of
2093	03:01:29 --> 03:01:36	foundation. But starting here is good doing all the old stuff and saying I'm
2094	03:01:36 --> 03:01:40	gonna go and watch your 2024 you're really missing the opportunity seeing it
2095	03:01:40 --> 03:01:43	stuff live, because you're going to regret not being here when when it
2096	03:01:43 --> 03:01:48	happened, and you're like, Oh, I watched him call it. It did it. So when we're
2097	03:01:48 --> 03:01:52	bearish, we have that bearish order block validated here. So that means,
2098	03:01:52 --> 03:01:57	from that opening price, anything above that is a potential entry, but ideally
2099	03:01:57 --> 03:02:01	it should never go above the halfway point, which is mean threshold. See how
2100	03:02:01 --> 03:02:05	it's doing that it's staying away from that. That was signaling to me. That's
2101	03:02:05 --> 03:02:10	why you see me adding more in there. I'm literally confident, like I could run
2102	03:02:10 --> 03:02:14	through a brick wall. I know what I'm looking for, and I know exactly what I
2103	03:02:14 --> 03:02:18	have in hand. And I'm like, Okay, I'm done. I do one more pyramid of entry,
2104	03:02:18 --> 03:02:24	and then I just let it ride. I don't want to see it attack all these pools of
2105	03:02:24 --> 03:02:28	liquidity, and I facetiously troll in the comments as it's happening, because
2106	03:02:28 --> 03:02:33	they'll say this is selling pressure. It's not the market is pausing in here,
2107	03:02:34 --> 03:02:38	and it's all time distortion. Time distortion is where the market's being
2108	03:02:38 --> 03:02:45	held in a holding pattern, and it's being used to allow entities that you
2109	03:02:45 --> 03:02:52	are not going to see doing what I'm doing, what I'm teaching, they're never
2110	03:02:52 --> 03:02:55	going to teach that stuff. I had to create a language to get as close as I
2111	03:02:55 --> 03:02:59	could to teach what's really going on here. And you can toss that out. You can
2112	03:02:59 --> 03:03:02	say, there, okay, that story's not real. There's no algorithm, none of that
2113	03:03:02 --> 03:03:07	stuff. Okay, do that if that's what it helps you, but if you can see it
2114	03:03:07 --> 03:03:12	conceptually with my language, that's all I'm really trying to do. I just want
2115	03:03:12 --> 03:03:17	you to be able to see how these things relate to what price is going to do, and
2116	03:03:17 --> 03:03:20	it doesn't relate to any other form of trading. That's what I'm kind of getting
2117	03:03:20 --> 03:03:24	at because I'd get pissed off when people try to discount my entire life's
2118	03:03:24 --> 03:03:28	work and what the Lord laid in my hands, because I would not know this if it
2119	03:03:28 --> 03:03:35	wasn't for him, period. Okay, trust me, might tell you that is it, and there is
2120	03:03:35 --> 03:03:39	no teacher except for him. He's the mentor. So that's the real ghost of the
2121	03:03:39 --> 03:03:49	machine. So if we have this candlestick, the halfway point below it, between its
2122	03:03:49 --> 03:03:54	opening price and halfway, all of this is potential areas where you could take
2123	03:03:54 --> 03:04:02	a short entry and your stop loss can be used with this order block. Or we can
2124	03:04:02 --> 03:04:07	use this high here, depending upon what your your risk model and your account
2125	03:04:07 --> 03:04:13	size affords. Okay, so we'll take this off now, and that validates the order
2126	03:04:13 --> 03:04:18	block right there. We'll take that off, just trying to keep it clean. And now
2127	03:04:18 --> 03:04:28	what I'm going to do is I'm going to add the executions, and suddenly everything
2128	03:04:28 --> 03:04:33	changes, because we see this a new market replay right here. Bro, can't do
2129	03:04:33 --> 03:04:37	that Market Replay. Okay, oh, there's, there's buttons missing. I'm gonna put
2130	03:04:37 --> 03:04:41	them back on here, because it'll come out. So he didn't have the buttons up
2131	03:04:41 --> 03:04:45	there. It was Market Replay. You can't see those up here in Market Replay. And
2132	03:04:45 --> 03:04:49	so if you're seeing their own executions, there they were live
2133	03:04:49 --> 03:04:55	executions. Look at the price right there. I'm I know I'm getting real
2134	03:04:55 --> 03:04:59	premium pricing here because I'm outside of that fair value gap above this a.
2135	03:05:00 --> 03:05:04	Above this high this is turtle suit. This is where Smart Money does the smart
2136	03:05:04 --> 03:05:15	money short market maker, sell model. Smart Money short, low risk, sell order
2137	03:05:15 --> 03:05:23	block, the high end of that fairbag app. So that's what I'm aiming for. And I'm
2138	03:05:23 --> 03:05:30	targeting right in here, in this wick. I was trying to time it as it was, inside
2139	03:05:30 --> 03:05:33	the halfway point of the end at top of that Fairbank, that's I was aiming for,
2140	03:05:33 --> 03:05:36	but it slipped away from me because it's on a lower time frame on that chart.
2141	03:05:36 --> 03:05:40	That's what I was doing there. And then over here, you can see we're adding,
2142	03:05:42 --> 03:05:51	right there on the wick here, and then I'm aiming for this low to be taken out.
2143	03:05:52 --> 03:05:57	And I said the market will aggressively reprice down there, because the
2144	03:05:57 --> 03:06:01	algorithm is not going to want them to pull their orders. Anyone that's long
2145	03:06:01 --> 03:06:04	that has a trail stop loss here? What kind of cell stop? I'm sorry I just told
2146	03:06:04 --> 03:06:08	you didn't what kind of liquidity would be resting below here? Sell stops
2147	03:06:08 --> 03:06:12	because they're long and they're protecting their lungs by putting a stop
2148	03:06:12 --> 03:06:15	loss below an old low because the books tell them that's where they should put
2149	03:06:15 --> 03:06:19	their stop loss. I love the fact that the books tell them that. I love that
2150	03:06:19 --> 03:06:23	these 20 year old mentors and these old code hats that tell you that's how you
2151	03:06:23 --> 03:06:27	should trade. This is where you put your stop loss at, please continuously keep
2152	03:06:27 --> 03:06:33	doing that, as long as we keep seeing this regurgitated archaic logic and and
2153	03:06:33 --> 03:06:39	things that people should be doing in a in an industry where 90% of people that
2154	03:06:39 --> 03:06:43	use that stuff lose, okay, keep doing that stuff, and then you'll never need
2155	03:06:43 --> 03:06:48	to lose any sleep about this stuff, ever not working in the future. So this low
2156	03:06:49 --> 03:06:54	here, you see me annotate that, and then you see oops, put that back up here you
2157	03:06:54 --> 03:07:02	see me, and I take Good grief, Michael, I'm charting drunk. You're under the
2158	03:07:02 --> 03:07:07	influence of goofballs. There we are. Now you're starting to look like
2159	03:07:07 --> 03:07:11	yourself here, buddy. So below here, sell side, and below here, sell side.
2160	03:07:11 --> 03:07:15	And then we have the original consolidation here. So that would be you
2161	03:07:15 --> 03:07:22	aim for a run below here. Okay, so there's where your pools of liquidity
2162	03:07:22 --> 03:07:26	are and how the market will draw to them respectively. So you see it drop down.
2163	03:07:26 --> 03:07:32	That's wonderful. And then this is your first stage distribution of the cell
2164	03:07:32 --> 03:07:42	model. Watch my core content in the 2017 playlist. I actually teach this stuff
2165	03:07:42 --> 03:07:47	here in that mentorship. It's all for free on my YouTube channel. You don't
2166	03:07:47 --> 03:07:50	need to pay for any of that stuff. Stop buying my stuff from other people. Okay,
2167	03:07:50 --> 03:07:53	because you're literally paying for something like put on my YouTube channel
2168	03:07:53 --> 03:07:56	for free. So this is a first stage distribution, and then this is second
2169	03:07:56 --> 03:08:01	stage distribution. Second Stage distribution is your unicorn. It is so
2170	03:08:01 --> 03:08:06	quick, it's so powerful. It's the one that you're looking for in every trade.
2171	03:08:06 --> 03:08:11	That you're looking for moving higher or lower. If you can identify my market
2172	03:08:11 --> 03:08:15	maker sell model or or bond model, if you trade the second stage
2173	03:08:15 --> 03:08:19	redistribution, that means you're selling short. Or if you're buying the
2174	03:08:19 --> 03:08:23	second stage re accumulation. That means you're going long. You are going to get
2175	03:08:23 --> 03:08:28	the biggest, the fastest, the beautiful, easy hold trade that you're looking for.
2176	03:08:29 --> 03:08:33	Everybody knows these relative equal lows are there, but not everybody sees
2177	03:08:33 --> 03:08:38	the framework that causes this to be second stage distribution. What's this?
2178	03:08:41 --> 03:08:45	It's a discount wick. But what happens if you're below it, it becomes, what a
2179	03:08:45 --> 03:08:56	premium wick? Boom. How hard can it go above that? Well, you have a little bit
2180	03:08:56 --> 03:09:01	of an efficiency here, but then you're met with what Balanced range this wick,
2181	03:09:01 --> 03:09:06	previous wick, previous wick. All this is balanced, so it's trading up into it,
2182	03:09:06 --> 03:09:09	but it's saying, I'm not going to let you go in higher. You go on a start
2183	03:09:09 --> 03:09:16	right there, turn around, bro, and then rolls over. Where's it? Aiming for
2184	03:09:16 --> 03:09:19	original consolidation. What's below these relative equal loads, sell side.
2185	03:09:20 --> 03:09:25	Okay, wonderful. But what happens if you just have a little bit more expected for
2186	03:09:25 --> 03:09:29	lower prices, like I did, like I was telling you earlier in the week that we
2187	03:09:29 --> 03:09:32	were going to look for this fair value gap on the daily chart that's defined by
2188	03:09:32 --> 03:09:33	this blue line here
2189	03:09:36 --> 03:09:40	in that black line that I made darker because I wanted to see that was on
2190	03:09:40 --> 03:09:47	target. You hold this one, but you can't trail your stop loss up to this high.
2191	03:09:47 --> 03:09:52	You can't do that. So if you watch the recording, you'll see me outline the
2192	03:09:52 --> 03:09:56	ranges of what I'm willing to absorb. And I gave you all this stuff up in here
2193	03:09:56 --> 03:10:00	too, and I gave you the lower half. I said, I want to see price, state. Below
2194	03:10:00 --> 03:10:03	that, go watch the video, because I'm going to make this video much, much
2195	03:10:03 --> 03:10:05	longer than it needs to be by doing something that's already shown in the
2196	03:10:05 --> 03:10:11	video, because I'm actually typing out and see it and read it. So the market,
2197	03:10:11 --> 03:10:19	in fact, does drop down and starts consolidating. And that low, I told you,
2198	03:10:19 --> 03:10:24	in the playback that is the constant encroachment of this gap between this
2199	03:10:25 --> 03:10:32	level here, in here, and I'll show you, let's use this opening proximity. Boom.
2200	03:10:32 --> 03:10:38	Look at the body, respecting that. See that that's algorithmic, and that's what
2201	03:10:38 --> 03:10:43	I was telling you. If I want to just hold it for the daily range. Okay, I get
2202	03:10:43 --> 03:10:45	I get people all the time. They'll find a video clip, or they'll see something I
2203	03:10:45 --> 03:10:48	said on Twitter a long time ago or recently, or maybe I ran into something
2204	03:10:49 --> 03:10:53	when I brag about what I can do, I'm not, I'm not lying about that. Okay,
2205	03:10:53 --> 03:10:57	when I tell people I can sell the highs and buy the lows and I can get the daily
2206	03:10:57 --> 03:11:01	highs and the daily lows, I don't know how else to prove it to you, but we
2207	03:11:01 --> 03:11:06	actually doing it, like I'm doing it, and I'm explaining the logic how you can
2208	03:11:06 --> 03:11:10	do it too. It's not like I'm saying here's a trick I can do, and you worship
2209	03:11:10 --> 03:11:14	me. That's not what I'm doing. I'm teaching you as my students how you can
2210	03:11:14 --> 03:11:18	find these things yourself. Because it's fascinating to me when I get feedback in
2211	03:11:18 --> 03:11:21	the comment sections and I don't read my emails anymore because there's too many
2212	03:11:21 --> 03:11:25	of them, but usually in the comment section is people are like, this is
2213	03:11:25 --> 03:11:30	wild. Like, this is really wild to see this precision. If this keeps happening,
2214	03:11:30 --> 03:11:35	right? Isn't awesome. It's awesome. And because I don't have much in the way of
2215	03:11:35 --> 03:11:41	other people in the industry that I talk to, I set for students. I love the
2216	03:11:41 --> 03:11:45	feedback, because I live vicariously through all of you all over again,
2217	03:11:45 --> 03:11:49	because you're experiencing what I experienced. And after 30 years, you're
2218	03:11:49 --> 03:11:53	not really, you're not impressed with it to the degree that I feel all over
2219	03:11:53 --> 03:11:57	again, because I see that splash over of excitement, because you're finding it in
2220	03:11:57 --> 03:12:01	your own charts you're seeing. And you you test it out, and you're like, This
2221	03:12:01 --> 03:12:04	did exactly right, exactly. And it's laughable when they say the market's not
2222	03:12:04 --> 03:12:09	algorithmic or controlled by a price delivery mechanism that is absolutely
2223	03:12:09 --> 03:12:13	predetermined. It's scripted. That's the part you don't understand. That's why
2224	03:12:13 --> 03:12:17	it's laughable that says it's buying and selling pressure, because from here it's
2225	03:12:17 --> 03:12:23	going to drop down to to that low, and how many contracts need to be sold short
2226	03:12:23 --> 03:12:27	to do that? Not as many as you might think. It just needs one every time the
2227	03:12:27 --> 03:12:32	new price has been offered, just like you can't sell your house. You're trying
2228	03:12:32 --> 03:12:35	to sell your house up here at this price. Nobody's buying. Nobody's even
2229	03:12:35 --> 03:12:38	coming to see it. No viewings, all right, let's drop it down $10,000
2230	03:12:38 --> 03:12:42	nobody's still doing a viewing. Alright? Let's start. Let's drop it down to
2231	03:12:42 --> 03:12:46	25,000 less. Nobody's coming to see it. Oh, well, you know, let's keep dropping
2232	03:12:46 --> 03:12:51	it lower. And then all of a sudden, what happens? You start getting people that
2233	03:12:51 --> 03:12:55	want to do buy it. They're coming to view it, right? But they're not buying
2234	03:12:55 --> 03:12:59	it. Technically, you just want to see it, so that's what you're seeing, people
2235	03:12:59 --> 03:13:02	buying it. Then that means you can book a lower price and sell. There's always
2236	03:13:02 --> 03:13:05	people coming in the marketplace that want to buy and sell at the market, and
2237	03:13:05 --> 03:13:09	they only need that one contract transaction. You are not seeing the
2238	03:13:09 --> 03:13:12	effects of price moving higher and lower to these levels, because it's buying and
2239	03:13:12 --> 03:13:16	selling pressure. Because if it's that, if it's that, if that's what it is, how
2240	03:13:16 --> 03:13:22	on earth is everything balancing perfectly to my PD arrays, to the very
2241	03:13:22 --> 03:13:25	levels that random buying and selling pressure that everybody has all these
2242	03:13:25 --> 03:13:29	different methodologies. Everybody's doing something different, folks. But
2243	03:13:29 --> 03:13:33	why is it listening to what I'm telling you it's going to do? There's only one
2244	03:13:33 --> 03:13:37	constant here what I'm teaching you, because what I'm teaching you is the
2245	03:13:37 --> 03:13:41	market. It is the actual market. It is the source code, as close as I can take
2246	03:13:41 --> 03:13:46	you to it. This is it. This is visually what it is. This is Visual Basic. If you
2247	03:13:46 --> 03:13:49	want to be a computer programmer, you won't get done once you're a programmer.
2248	03:13:49 --> 03:13:53	So anyway, sell side here, it aims for that. And then small little
2249	03:13:53 --> 03:13:58	consolidation in here, what's it doing? It's affording traders to do what the
2250	03:13:58 --> 03:14:02	people that know that's going to trade for this level here and below here,
2251	03:14:02 --> 03:14:10	it'll ask them to go short, but it's denying what harmonic traders, ratio,
2252	03:14:10 --> 03:14:17	traders, imbalance, traders support, Turn resistance. Traders can't get on
2253	03:14:17 --> 03:14:26	board. Lower again, attacking that sell side. Why? Because they don't want the
2254	03:14:26 --> 03:14:28	individuals that are long to pull their orders and get out of their long
2255	03:14:28 --> 03:14:33	position, because that means their stock disappears. So the algorithm is re
2256	03:14:33 --> 03:14:39	delivering to that price level. It's coded to do this. This is script. It's a
2257	03:14:39 --> 03:14:44	macro. It's something it's a short list of of orders and directives for the
2258	03:14:44 --> 03:14:48	price engine to say, Okay, I'm going to quickly reprice lower. Quickly. I'm
2259	03:14:48 --> 03:14:51	going to keep offering price lower, lower, lower. It doesn't matter how many
2260	03:14:51 --> 03:14:55	people are buying. It doesn't matter how many contracts are being traded to go
2261	03:14:55 --> 03:15:00	long. It doesn't matter that does not matter, folks. I'm. And I know I could
2262	03:15:00 --> 03:15:03	be out here every single day for the rest of my life, and there's still going
2263	03:15:03 --> 03:15:08	to be people out here arguing. And to me, it That's fascinating. To me, the
2264	03:15:08 --> 03:15:12	level of denial was unbelievable. Find somebody that can do it like this,
2265	03:15:12 --> 03:15:15	explain it to you beforehand, using buying and selling pressure, because
2266	03:15:15 --> 03:15:18	you're not going to find that. You can't find anybody with market profile and and
2267	03:15:18 --> 03:15:21	be wopp, they're not going to explain every fluctuation like this, and
2268	03:15:21 --> 03:15:25	ensures, hell, I'm going to position entries like this. They're not going to
2269	03:15:25 --> 03:15:32	do it, not consistently. I'm doing it. I'm doing it. So at some point you're at
2270	03:15:32 --> 03:15:39	this junction where you place your faith in the fact that there's consistency,
2271	03:15:39 --> 03:15:42	there's logic being shown, and it's transferable knowledge. You don't have
2272	03:15:42 --> 03:15:47	to subscribe to the algorithm, you don't have to subscribe to the men in black.
2273	03:15:48 --> 03:15:51	You don't have to believe any of that stuff. You don't have to believe any of
2274	03:15:51 --> 03:15:57	that. But what is price telling? Because that's really what matters, the time of
2275	03:15:57 --> 03:16:01	day and the open, high, low and close, if you understand that and the basis of
2276	03:16:01 --> 03:16:08	inefficiency and liquidity, you you don't need anything else. You don't need
2277	03:16:08 --> 03:16:13	anything else. You don't need any kind of overlaid indicators, none that stuff.
2278	03:16:13 --> 03:16:20	You'll be able to see everything as it really is, all right. So that completes
2279	03:16:20 --> 03:16:24	that day here. And I mentioned, like, I said, I could have very easily disclosed
2280	03:16:24 --> 03:16:27	the trade right here, because it's hitting constant encroachment, and it
2281	03:16:27 --> 03:16:30	would have been just a little bit above it for my limit order to trade there if
2282	03:16:30 --> 03:16:35	all I wanted to do was get the low of yesterday. Look, we're not look where
2283	03:16:35 --> 03:16:40	I'm at, folks, look where I'm trading at. Like, it's real hard to do that with
2284	03:16:40 --> 03:16:45	a market order while watching price action. I didn't, I didn't limit in I
2285	03:16:45 --> 03:16:49	was marketing in it. Watch the recordings. I'm proving to you, because
2286	03:16:49 --> 03:16:53	I could have done limit orders and did better entries, but I had to do these
2287	03:16:53 --> 03:16:57	hot buttons over here, because I'm constantly proving that it's not Market
2288	03:16:57 --> 03:17:00	Replay. Because I love shitting on all these people that come in my comment
2289	03:17:00 --> 03:17:03	section, and I'm sure on social media other places are probably talking kind
2290	03:17:03 --> 03:17:06	of snack, but I just killed them today. I literally just killed them. Made
2291	03:17:09 --> 03:17:17	$100,000 in four days. Bro. Poppy ICT, yeah, that's good. Everybody likes to
2292	03:17:17 --> 03:17:21	take the long way around, but this is the low of the day. I could very easily
2293	03:17:21 --> 03:17:23	sold short here and bought that. And that's the high level that what
2294	03:17:24 --> 03:17:27	discipline out there is going to teach you that nothing else, absolutely
2295	03:17:27 --> 03:17:34	nothing else. So I'm going to ride this out and all this consolidation here. I
2296	03:17:34 --> 03:17:39	wanted to, admittedly, I wanted to add in pyramid here, but I wanted to prove
2297	03:17:39 --> 03:17:44	that my stop loss claimant was like, Grandmaster level, like, there is nobody
2298	03:17:44 --> 03:17:48	out there going to have the logic that I'm able to keep teach you and use,
2299	03:17:48 --> 03:17:52	like, I'm using it. I'm not just form fitting into things. I'm literally
2300	03:17:52 --> 03:17:57	teaching the logic and then implementing it. That's what mentoring is. Mentoring
2301	03:17:57 --> 03:18:04	is being able to find the concept that is easily transferable, provide the
2302	03:18:04 --> 03:18:08	logic it may be hard to see and understand the beginning, but then see
2303	03:18:08 --> 03:18:15	examples of this supposed teacher or mentor utilizing it, utilizing it in a
2304	03:18:15 --> 03:18:19	manner that is undeniable. And when I talk about things in the high time frame
2305	03:18:19 --> 03:18:23	charts, I tell you this is where the market's likely to go. And I want to and
2306	03:18:23 --> 03:18:26	I wanted to see it trade down to that fair value daily chart. And then it
2307	03:18:27 --> 03:18:31	happens today. There are moments of astonishment that you need as a student,
2308	03:18:31 --> 03:18:34	whether you're learning from me or anybody else, because if you're not
2309	03:18:34 --> 03:18:39	getting a steady diet of that wow factor, you're probably listening to
2310	03:18:39 --> 03:18:43	someone that's a fraud. You're probably learning something that isn't going to
2311	03:18:43 --> 03:18:46	work for you. You're probably not going to be successful at whatever you're
2312	03:18:46 --> 03:18:49	wasting your time with. But when you see it being utilized, and you have all
2313	03:18:49 --> 03:18:52	these other people around the world that are using the same stuff, and they're
2314	03:18:52 --> 03:18:56	getting profits with it, and they're attributing it to what you're learning
2315	03:18:56 --> 03:18:59	right now, and they're learning right now too. They're excited. They got notes
2316	03:18:59 --> 03:19:03	going in their journals, just as fast as you are. Her head swirling around, new
2317	03:19:03 --> 03:19:06	questions being answered, all kinds of things opening up with new logic and new
2318	03:19:06 --> 03:19:14	models they're never imagined before. And this is still nothing. This is
2319	03:19:14 --> 03:19:19	nothing. This is nothing anyway. And then we had the previous New Day opening
2320	03:19:19 --> 03:19:22	gaps in here. I told you about that, and look what they did here. Look at the
2321	03:19:22 --> 03:19:26	look at the look at this. This is what I really got excited about last night. We
2322	03:19:26 --> 03:19:30	you watch it on the recording where they wicked up in the last hour yesterday.
2323	03:19:30 --> 03:19:34	Look at this, right at the last portion of daily range,
2324	03:19:35 --> 03:19:42	boom. Why would they want to do that? Why on earth would the market want to do
2325	03:19:42 --> 03:19:51	that trail? Stop losses here, inefficiency, balance, price, range,
2326	03:19:52 --> 03:19:59	bang, that unseats trailed. Stop losses. They won't get the VIP treatment that
2327	03:19:59 --> 03:20:04	ICT got you. They won't be able to see the promised land. They can get to the
2328	03:20:04 --> 03:20:10	Jordan River, but they cannot cross. They get buried on the mountain. This
2329	03:20:11 --> 03:20:16	hanging around, what this is the high of that daily fair value gap? And what is
2330	03:20:16 --> 03:20:22	it doing? It's just marking time. And then drips down and then gives you what
2331	03:20:23 --> 03:20:30	the buyers an opportunity to do, what place, what stops, what kind of stops,
2332	03:20:30 --> 03:20:34	sell stops. So this is engineering liquidity. It didn't go down to where I
2333	03:20:34 --> 03:20:38	say it was going to go. Yet, it's building liquidity. They want to build
2334	03:20:38 --> 03:20:48	liquidity around that level. What does the market do? Rallies up. Consolidates.
2335	03:20:49 --> 03:20:54	Consolidates. It's hanging around the upper quadrant of that daily fair value
2336	03:20:54 --> 03:21:03	gap, using old New Day, opening gaps, building fake bull flags. Oh, it's gonna
2337	03:21:03 --> 03:21:08	go hard. No, honey, bang. And then watch when we're getting close to this low
2338	03:21:08 --> 03:21:13	here, the algorithm knows it needs to do it quick, or you'll do what? If you're
2339	03:21:13 --> 03:21:17	long, you're gonna pull your order and clap your trade. They they have to have
2340	03:21:17 --> 03:21:22	the liquidity there. So the market does this quick drive down. Boom, and there's
2341	03:21:22 --> 03:21:27	my exit rate at the blow of the fairway. Gotham daily chart. Tell me. Talk to me.
2342	03:21:27 --> 03:21:35	Okay, talk to me. You. Tell me who's proven that, who's proven it, who's
2343	03:21:35 --> 03:21:38	bringing the evidence that can stand up in court. Because I could do this in
2344	03:21:38 --> 03:21:42	front of any court, in front of anybody. I can do it on CNBC, if they'll let me.
2345	03:21:42 --> 03:21:47	You want, you want to be trading live? I'll do it right in front of Kramer.
2346	03:21:47 --> 03:21:49	I'll go on Kramer and say, watch this.
2347	03:21:55 --> 03:22:02	Kramer. You don't want me under because I'd be like, Look, this guy is the alpha
2348	03:22:02 --> 03:22:06	fading indicator. Like, whatever he says, give a little bit of time and it's
2349	03:22:06 --> 03:22:10	going to go the other direction. And I don't mean that to be me, but that's
2350	03:22:10 --> 03:22:17	just the facts. Like, it's crazy, it's crazy, but I would have literally given
2351	03:22:17 --> 03:22:23	my left leg when I was 20 years old, if somebody like my Cassel for here is
2352	03:22:23 --> 03:22:29	proving this stuff conceptually, executing with it. Okay, now here's the
2353	03:22:29 --> 03:22:34	here's the challenge for the soy boys in the comment section. And I It may sound
2354	03:22:34 --> 03:22:37	to you like I got, like, hundreds of them, or even 20 of them. I don't. I
2355	03:22:37 --> 03:22:41	have usually one or two. And you think, Oh, you spend too much time you're here.
2356	03:22:41 --> 03:22:47	I love them. That that's what makes this fun for me. Like I have to have some
2357	03:22:47 --> 03:22:53	kind of anti antagonistic, uh, argument. One guy out there took it to an extreme
2358	03:22:53 --> 03:22:58	to make a brand out of him, okay? And I think it hurt him. But just the back and
2359	03:22:58 --> 03:23:05	forth, the banter, the shop talk, I love that, like I love that it's it's fun to
2360	03:23:05 --> 03:23:09	be able to do with other people, and they don't take it personal. But for the
2361	03:23:09 --> 03:23:13	soy boys in my comment section that I love ribbing, and I know some of them
2362	03:23:13 --> 03:23:17	probably still love me, it's like they know who I'm talking to when I say it,
2363	03:23:17 --> 03:23:25	Lucas, but the the idea of using multiple screens, okay, here's your
2364	03:23:25 --> 03:23:29	challenge. You might have multiple computers, okay, and screens or
2365	03:23:29 --> 03:23:36	whatever, okay. Trading view is welcome to come out and verify that what this
2366	03:23:36 --> 03:23:45	was done was only with one account. You can't have multiple accounts on trading.
2367	03:23:45 --> 03:23:49	Me, you have the account. That's it, as far as I'm aware of. Okay, unless it's
2368	03:23:49 --> 03:23:54	something that I don't know. But I want all the folks that hold the opinion that
2369	03:23:54 --> 03:23:57	this was done with multiple computers, multiple screens, here's what your
2370	03:23:57 --> 03:24:03	here's what your challenge is. Okay, you have to frame the trade with all the
2371	03:24:03 --> 03:24:08	annotations, like I have every key level, and you have to be able to use
2372	03:24:08 --> 03:24:14	the logic that I've taught. And you got to get at the high of the day, and then
2373	03:24:14 --> 03:24:22	you got to get out at the low over here, use that logic. I promise you, no one's
2374	03:24:22 --> 03:24:25	going to come forward with doing that. They'll do it in Market Replay, but they
2375	03:24:25 --> 03:24:28	will not do it with live price action. They won't do it in a demo. They won't
2376	03:24:28 --> 03:24:31	be able to do it with their live account. They won't be able to do it
2377	03:24:31 --> 03:24:35	period in a story. It's done. So I have a lot of fun with those types of things,
2378	03:24:35 --> 03:24:38	and honestly, you should be thankful that these people do this, because it
2379	03:24:38 --> 03:24:41	inspires me to do these lectures like this. It doesn't inspire me when I got
2380	03:24:41 --> 03:24:45	people constantly telling I love uict, when I got other people's chat rooms, I
2381	03:24:45 --> 03:24:50	love UIC man. I'm out of there soon as I see that. I'm done. I'm gone. I'm not
2382	03:24:50 --> 03:24:53	like that. I don't want that. I like the guys that want to give me a ribbing,
2383	03:24:53 --> 03:24:57	like bro, like show this and show that you can't do that. As soon as they give
2384	03:24:57 --> 03:25:03	me something I can't do, I do it. It's simple. It's almost like a, like a magic
2385	03:25:03 --> 03:25:06	show. Okay, can you show me a card check? Sure, I'll show you card trick. I
2386	03:25:06 --> 03:25:09	could show you card tricks all day long. I had live stream card tricks for hours
2387	03:25:09 --> 03:25:14	and hours and hours. And never mind. I like that. I love that engagement. I
2388	03:25:14 --> 03:25:19	love that, you know, that playfulness, like, Yeah, but it ain't so, so and
2389	03:25:19 --> 03:25:23	then, okay, boom. And it's just like, oh shit. They never come back with a
2390	03:25:23 --> 03:25:27	response after that, which is my perfect response. They're like nothing. They
2391	03:25:27 --> 03:25:31	can't say nothing. So when I talk about this stuff, some of you just try to
2392	03:25:31 --> 03:25:35	defend me and mother me or father me by saying you spend too much time. You
2393	03:25:35 --> 03:25:39	should be thankful that they do this. Because that's the that's the dichotomy
2394	03:25:39 --> 03:25:43	here. That's the thing that gets my juices going, like it makes me want to
2395	03:25:43 --> 03:25:47	do more of this. That's like, you have no idea. That's when I'm driving around.
2396	03:25:47 --> 03:25:52	I want somebody to give me road rage. I'm looking to get out of their car.
2397	03:25:52 --> 03:25:55	Please get out of your car. Please get out of your car. Because I'm looking for
2398	03:25:55 --> 03:25:59	that. I'm looking for an outlet. I'm looking for that. Think about what I was
2399	03:25:59 --> 03:26:05	telling you about the 2008 I was looking for something. I wanted stimulation. I
2400	03:26:05 --> 03:26:09	was already wealthy. I was already aware of, you know, where I was in the world.
2401	03:26:10 --> 03:26:15	I'm happy. But now, what do I want to do? I need to do something dangerous.
2402	03:26:16 --> 03:26:19	And men are the typical they're the creatures that do it. Women don't
2403	03:26:19 --> 03:26:27	generally do that stuff. So in this education platform, I like when people
2404	03:26:27 --> 03:26:31	say I don't believe you and they want to say something, if they took the time to
2405	03:26:31 --> 03:26:34	send me something in the comment section, that means that I have them
2406	03:26:34 --> 03:26:39	emotionally hooked, and that means they have committed, they placed the bet.
2407	03:26:39 --> 03:26:43	That's what they've done. They've taken the time to type that out, and then I'm
2408	03:26:43 --> 03:26:49	going to honor their time by answering their bullshit, and then answer it in a
2409	03:26:49 --> 03:26:54	way where it leaves them speechless. And if they have a hero, or if they're the
2410	03:26:54 --> 03:26:57	hero in a sock puppet account, that's offended because I'm doing something
2411	03:26:57 --> 03:27:01	they are never going to be able to live up to. Dude, you don't have to say you
2412	03:27:01 --> 03:27:05	learn from me, but if this helps you become a better trader, and if you want
2413	03:27:05 --> 03:27:10	to sell services and signals and stuff, at least you know how to do it for real.
2414	03:27:10 --> 03:27:13	Now that's all. That's all I'm trying to do. I'm having fun doing something I
2415	03:27:13 --> 03:27:17	don't mean anything mean spirited to anybody. I don't want any I don't wish
2416	03:27:17 --> 03:27:20	any ill on anybody else. I don't I don't have that mentality, like I don't have
2417	03:27:20 --> 03:27:25	that, but I do like to have fun, and I can take a good ribbing when, when
2418	03:27:25 --> 03:27:29	people have something that's, you know, said about me funny, they make skits
2419	03:27:29 --> 03:27:32	about me, whatever. I laugh my ass off about some of that stuff. It's funny
2420	03:27:32 --> 03:27:36	stuff. I'm not hurt. I'm not ashamed of hiding my face. I'm not here live
2421	03:27:36 --> 03:27:42	streaming and you see anything slowing down? No no, because I'm comfortable in
2422	03:27:42 --> 03:27:46	my skin. I'm comfortable with who I am and what I'm able to do. And as a
2423	03:27:46 --> 03:27:51	mentor, you want to have that mentality, because you're going to have students,
2424	03:27:51 --> 03:27:54	they're going to challenge you. If you don't do this, then you're a fraud. If
2425	03:27:54 --> 03:27:57	you don't do this, I don't believe you. You didn't do this because you didn't do
2426	03:27:57 --> 03:28:02	it this way. You're always going to have these new challenges, and you get to
2427	03:28:02 --> 03:28:08	pick and choose what you want to answer. You have to have the comfort knowing
2428	03:28:08 --> 03:28:12	that people are going to come at you like, I'm the hottest thing right now in
2429	03:28:12 --> 03:28:18	trading. Just go out there and look at it. It's just like that. It doesn't mean
2430	03:28:18 --> 03:28:22	that I'm right for everybody. It doesn't mean I'm the perfect mentor, but I have
2431	03:28:22 --> 03:28:27	to have fun doing this, or I'm not going to do it, and this is my way of being
2432	03:28:27 --> 03:28:31	fun. Like, I have fun with it, and I don't get my feelings hurt when people
2433	03:28:31 --> 03:28:35	doubt me, or if they say something that may be viewed that other people that are
2434	03:28:35 --> 03:28:39	supporting me, they want to go to war about that. I don't think like that. I
2435	03:28:39 --> 03:28:44	think it's fun, like it's fun when other YouTubers and live streamers, they talk
2436	03:28:44 --> 03:28:48	smack about me and say something funny, I laugh about that, unless it's
2437	03:28:48 --> 03:28:52	something personal about my family or something like that. You know, I have a
2438	03:28:52 --> 03:28:55	sense of humor. And some of you out there feel like you have to be my
2439	03:28:55 --> 03:29:00	bodyguard. You don't have to be my bodyguard. Like I'm not insecure. Most
2440	03:29:00 --> 03:29:04	of you have insecurities that are really unhealthy for a student, and that's what
2441	03:29:04 --> 03:29:11	gives what we have here as a community, a very strong cult like persona. And to
2442	03:29:11 --> 03:29:18	kind of take away the sting of that persona, I just grab it and say, okay,
2443	03:29:18 --> 03:29:22	yeah, we're the cult of winning, because nobody else's community is going to be
2444	03:29:23 --> 03:29:26	like we are. We're dialed in on precision. We're looking for
2445	03:29:26 --> 03:29:33	consistency. We have levels of precision that it's alien to anyone else. It's
2446	03:29:33 --> 03:29:37	literally ridiculous to be able to say, Oh, this is ICT trades like this guy or
2447	03:29:37 --> 03:29:43	that guy, or the ICT trades like me, there ain't nobody that trades like me.
2448	03:29:47 --> 03:29:50	I like for you to show me who they are, if they if they exist. But here's the
2449	03:29:50 --> 03:29:56	nine o'clock run up all this spending time above that daily fair value gap,
2450	03:29:57 --> 03:30:04	above all the spy side. Here you. And then they ripped it lower. And this is
2451	03:30:04 --> 03:30:07	that lower width that I highlight on the daily chart. Let's go back out to
2452	03:30:08 --> 03:30:11	actually take I want to take a look at this. I didn't see ES. I haven't looked
2453	03:30:11 --> 03:30:19	at I'm gonna see es real quick. Yeah. It made higher high there. Look at this. Is
2454	03:30:19 --> 03:30:25	the ugly in it. This is when I talk about certain things, and I'll use
2455	03:30:25 --> 03:30:33	adjectives that may seem a little weird. This delivery in ES, because I get a lot
2456	03:30:33 --> 03:30:38	of questions, why are you in and NASDAQ and not ES? Because NASDAQ is a little
2457	03:30:38 --> 03:30:45	bit more wild, and because it's more wild, it has a lot more likelihood that
2458	03:30:45 --> 03:30:51	inefficiencies will be formed in it that won't be sometimes as clear in the E,
2459	03:30:51 --> 03:30:55	Mini, s, p, so look at the difference between how this price action is here.
2460	03:30:55 --> 03:31:00	This is like, fuzzy, okay, it's like, back and forth. Yeah, there's
2461	03:31:00 --> 03:31:06	inefficiencies in here. You can see them, okay, but NASDAQ is a whole lot
2462	03:31:06 --> 03:31:12	cleaner. And you can use the NASDAQ and still trade es like you can look at the
2463	03:31:12 --> 03:31:16	inefficiencies in NASDAQ when we're moving lower and say, Okay, well, what
2464	03:31:16 --> 03:31:20	is es doing? And if ES is starting to retrace higher at the same time that the
2465	03:31:20 --> 03:31:24	NASDAQ's trading up into a fair value gap and it's respecting its lower half
2466	03:31:24 --> 03:31:30	of its inefficiency, you're not going to have mark to market perfect you the
2467	03:31:30 --> 03:31:34	candle stop at the same time on ES to do a little stop on that. If you're holding
2468	03:31:34 --> 03:31:38	it to that degree of precision, it's going to frustrate you, but you can read
2469	03:31:38 --> 03:31:44	price action in NASDAQ, and get a good feel for what S, P is going to do. But
2470	03:31:44 --> 03:31:50	if you look at what we have in NASDAQ, look at this area here, see how price is
2471	03:31:50 --> 03:31:54	delivering all this in here. Contrast that with what you have in the NASDAQ.
2472	03:31:57 --> 03:32:03	See how easy and your eye jumps right to the inefficiencies here, here and here,
2473	03:32:03 --> 03:32:08	that is a stark contrast to what the delivery mechanism was in ES. So it's a
2474	03:32:08 --> 03:32:15	little bit more fuzzy, a little bit more it's like a muddying of the waters. It's
2475	03:32:15 --> 03:32:18	still going to go where we think it's going to go, but it's not going to be as
2476	03:32:18 --> 03:32:22	pristine and clear like you can see clearly with the with the NASDAQ, the
2477	03:32:22 --> 03:32:30	inefficiencies go right, right, right into it and then breaks aggressively. So
2478	03:32:32 --> 03:32:39	anyway, I think that's it for today. I had fun today. I'm really hungry. I
2479	03:32:39 --> 03:32:46	enjoyed murdering the hearts and minds of everybody that likes to troll me. I
2480	03:32:46 --> 03:32:53	made $100,000 in four days. Bro, copy, ICT. I did it in less than one day, one
2481	03:32:53 --> 03:32:58	trade, one entry full pool, one stop loss movement. And that was it. And I
2482	03:32:58 --> 03:33:03	could have done way more than that, like I could have built this up wildly, doing
2483	03:33:03 --> 03:33:08	everything I've done in the past by pyramiding and keeping it going. My
2484	03:33:08 --> 03:33:13	question to you is, do you see value in this? In the final moments here together
2485	03:33:13 --> 03:33:18	today, live, I want you to think about, think about the chances of you having
2486	03:33:18 --> 03:33:23	someone that's doing what I'm doing for you right now. I'm doing all this for
2487	03:33:23 --> 03:33:29	free. I'm doing this with my own personal time. I always overstay unless
2488	03:33:29 --> 03:33:33	my wife says I ask the absolutely and and we gotta do something, I'm always
2489	03:33:33 --> 03:33:37	over delivering because I enjoy it. My passion is teaching this because I know
2490	03:33:37 --> 03:33:41	what it's done for me. I know what it'll do for you. If you're earnestly trying
2491	03:33:41 --> 03:33:45	to learn how to do this, the markets are absolutely not random. They're not
2492	03:33:45 --> 03:33:48	random. They're not hiding things from you. If you're learning from me, they're
2493	03:33:48 --> 03:33:53	never going to be able to hide it from you. Everything is in that chart, but
2494	03:33:53 --> 03:33:57	they've done a clever game of constantly pumping out misinformation with
2495	03:33:57 --> 03:34:02	indicators and other schools of thought. And the problem is, with good,
2496	03:34:02 --> 03:34:06	reasonable money management, it's easy to trick yourself into thinking that
2497	03:34:06 --> 03:34:10	that's what makes the market go up and down. Your harmonic patterns, your ratio
2498	03:34:10 --> 03:34:14	this, your animal patterns, your white golf, your moving average crossovers,
2499	03:34:14 --> 03:34:20	your supply and demand zones, you come on. Everybody has something right. What
2500	03:34:20 --> 03:34:24	Works in this industry all the time is sound money management that wins every
2501	03:34:24 --> 03:34:28	time. You can make money flipping a quarter heads, you buy, tails, you sell,
2502	03:34:28 --> 03:34:31	use a reasonable stop loss, don't over trade at the end of the year, you can be
2503	03:34:31 --> 03:34:35	profitable. Does that mean that you should sell your course on how to flip
2504	03:34:35 --> 03:34:39	the quarter the right way? No, but that's the that's the gimmick, and
2505	03:34:39 --> 03:34:42	that's the fraud that's in this industry, because they know that you're
2506	03:34:42 --> 03:34:46	chomping at the bit to learn how to make money, and you all think that this is
2507	03:34:46 --> 03:34:49	easy, fast money, the only way that occurs is if you're selling an
2508	03:34:49 --> 03:34:55	education, I can make millions instantly, overnight. All I gotta do is
2509	03:34:55 --> 03:34:59	put a price tag on this, and you should feel comforted that that's not gonna
2510	03:34:59 --> 03:35:05	happen. There's no hook here. There's no upsell, there's no nothing. I'm
2511	03:35:05 --> 03:35:10	delivering more than anybody ever has and ever will. I'm not going to teach
2512	03:35:10 --> 03:35:14	everything that makes me who I am, but what I'm teaching is going to take years
2513	03:35:14 --> 03:35:20	for people to catch up to that everything at this moment, taught and
2514	03:35:20 --> 03:35:24	made public. It's going to take years for people to get good and proficient
2515	03:35:24 --> 03:35:30	with it, and when I start seeing that, I'll come out and teach some more stuff.
2516	03:35:30 --> 03:35:33	I won't run out of anything. Okay, I have lots of toys and techniques and
2517	03:35:33 --> 03:35:37	tactics, and they're all better than what you've seen so far. Like, this is
2518	03:35:37 --> 03:35:42	nothing. This is like elementary school stuff. It's very, very, very simplistic
2519	03:35:42 --> 03:35:46	things that there's a the lowest order of technical science that I have, and it
2520	03:35:46 --> 03:35:51	has to be taught this way, because more higher tier stuff, it requires a whole
2521	03:35:51 --> 03:35:54	lot more things that I honestly don't have at my age right now, the patience
2522	03:35:54 --> 03:35:58	or energy to teach it like I don't it would take a great deal of effort and to
2523	03:35:58 --> 03:36:01	answer the ones they're asking, Is my book's going to have all that stuff. No,
2524	03:36:02 --> 03:36:05	it will have new PD arrays. It'll have new things to amplify what has already
2525	03:36:05 --> 03:36:09	been taught here, so that way you have a full panoramic view, but you don't need
2526	03:36:09 --> 03:36:14	to buy my books. Okay? And I know the people that are partnering with me, they
2527	03:36:14 --> 03:36:18	don't like me saying that, and I don't care, because I'm not trying to sell
2528	03:36:18 --> 03:36:24	books for money. I'm only writing the book to have an ISBN number and a
2529	03:36:24 --> 03:36:29	copyright that says, this was my work. This was my work in print, for the first
2530	03:36:29 --> 03:36:34	time, other people will be able to talk about how these things existed and the
2531	03:36:34 --> 03:36:38	ones that have class and character, they have given me credit in their books,
2532	03:36:38 --> 03:36:43	which is fine, even though they taught it wrong. It's fine, but it's helped
2533	03:36:43 --> 03:36:48	stimulate this whole frenzy around me and my concepts, Smart Money concepts.
2534	03:36:48 --> 03:36:52	ICT, this. ICT, that. And because it garners attention, you have people that
2535	03:36:52 --> 03:36:57	want to make videos about me. You want to do exposes, or expose the fact that I
2536	03:36:57 --> 03:37:01	just did what I just did here today, expose that. You ain't going to touch
2537	03:37:01 --> 03:37:04	that subject matter. You ain't going to touch that. You're going to take
2538	03:37:04 --> 03:37:07	something out of context, you're going to make it wise. You're going to listen
2539	03:37:07 --> 03:37:10	to somebody else's bullshit, and then you're going to try to get viewership on
2540	03:37:10 --> 03:37:14	your channel or clicks on your Twitter account, because you need money, and
2541	03:37:14 --> 03:37:18	that's fine. I'm doing that. I'm doing you a better service. I'm teaching you
2542	03:37:18 --> 03:37:21	how to actually learn how to make it in the market on your own steam. And I
2543	03:37:21 --> 03:37:25	don't even care if you ever tell me thank you for it. I don't care. That's
2544	03:37:25 --> 03:37:29	not what I'm here for. I'm here because I want to lay it down for my son that
2545	03:37:29 --> 03:37:34	way he can see it. He can see these setups in enough time working with it.
2546	03:37:35 --> 03:37:41	Come on your funded account, challenges they offer you, and they afford you,
2547	03:37:41 --> 03:37:46	what? 15 contracts. I didn't even use 15 contracts, and I didn't break a rule
2548	03:37:46 --> 03:37:49	that would have been utilized against you if you were using a particular
2549	03:37:49 --> 03:37:53	funded account company. You can't add to a losing position. My position is saying
2550	03:37:53 --> 03:38:00	I'm not pyramiding into a losing trade study that trust me, those guys, as much
2551	03:38:00 --> 03:38:04	as much as they would love to be able to copy what I'm doing. They don't want you
2552	03:38:04 --> 03:38:07	all learning how to do this, because you're going to break them. And that's
2553	03:38:07 --> 03:38:11	not my motivation earlier, when I was having fun about that. Don't be sending
2554	03:38:11 --> 03:38:15	me some hate mail. I don't want to hear about it. You got your own little thing.
2555	03:38:15 --> 03:38:20	I'm I'm providing you a whole list of new clientele that's going to come in
2556	03:38:20 --> 03:38:24	here, and if they listen to me, they'll make money. But the ones that are keyed
2557	03:38:24 --> 03:38:28	up like I am, they may take it as a challenge to go take you to the
2558	03:38:29 --> 03:38:36	poorhouse. I mean, it only takes one good trader. Think about it, one good
2559	03:38:36 --> 03:38:45	trader that has an Oceans 11 itch or you ever seen that movie 21 with Kevin
2560	03:38:45 --> 03:38:50	Spacey, and he taught everybody how to count cards, and they went to casino and
2561	03:38:51 --> 03:38:57	they were beating them. It only takes one person to be able to be really,
2562	03:38:57 --> 03:39:00	really good at this. And they get their little Oceans 11, or they get their
2563	03:39:00 --> 03:39:04	little click up, and they said, We're going to take down these funded account
2564	03:39:04 --> 03:39:09	companies. So you need to stop screwing your clientele, because if you keep
2565	03:39:09 --> 03:39:15	doing that kind of stuff, there's more of us than there are of you, and you're
2566	03:39:15 --> 03:39:21	making lots of money, lots and lots of money, but the doors are open for people
2567	03:39:21 --> 03:39:29	like me and who I'm teaching, and they can come in and crush you. Crush you
2568	03:39:29 --> 03:39:35	because they can make a point to say, look, we're gonna arm me up. And there's
2569	03:39:35 --> 03:39:40	gonna be a large number of people. They're gonna file this same account
2570	03:39:41 --> 03:39:44	you're done for. And it's not like it's going to affect the market, because
2571	03:39:44 --> 03:39:48	you're not even in a real market, you're you're in demo. So they're not going to
2572	03:39:48 --> 03:39:53	seek and hunt stops, because if there was a large body of of traders coming in
2573	03:39:53 --> 03:39:57	like that, that type of liquidity, they're going to move on that. But
2574	03:39:57 --> 03:40:05	because you're all demo, you. Uh, it's an easy way to to smash all of you, and
2575	03:40:05 --> 03:40:09	that's the number one reason why I would never go out there in that setting,
2576	03:40:09 --> 03:40:13	because Word travels fast. If I say anything in my private mentorship, it's
2577	03:40:13 --> 03:40:17	already on Instagram. It's already in all the other stuff, because there's
2578	03:40:17 --> 03:40:20	leakers there. They want to be the person that's leaking something
2579	03:40:20 --> 03:40:24	exclusive, and that's why I don't do most things anymore at that group. I
2580	03:40:24 --> 03:40:29	converse with them, we talk about things, but I'm doing more on a YouTube
2581	03:40:29 --> 03:40:35	channel publicly now because of that very reason. So if I went into a setting
2582	03:40:35 --> 03:40:39	like I'm going to trade with top step or I don't even know all the other
2583	03:40:39 --> 03:40:44	companies anymore, but that's the one I know of, because two of my sons went
2584	03:40:44 --> 03:40:50	through their thing. But the, and that's an endorsement for top step, by the way,
2585	03:40:50 --> 03:40:55	but the if I was to open up an account with them and start trading with it, you
2586	03:40:55 --> 03:41:00	think they're going to keep that quiet? Hell no. Hell No seeing what I'm doing,
2587	03:41:01 --> 03:41:03	Michael patak would absolutely be copying every fucking thing I'm doing.
2588	03:41:04 --> 03:41:07	And ain't no shame in the game. I would do it too. If I was in I'd be like,
2589	03:41:07 --> 03:41:12	whatever this guy's doing, I want to copy that. And what happens when the
2590	03:41:12 --> 03:41:16	other people behind the scenes in the back room work those companies, they
2591	03:41:16 --> 03:41:19	know I'm in there, and they just say, Well, you know this little tree copier
2592	03:41:19 --> 03:41:25	here, I would do it. I would do that. I'm not gonna lie about I would
2593	03:41:25 --> 03:41:28	absolutely do that. If this, if this guy was making it available so I could see
2594	03:41:28 --> 03:41:32	what he's doing every single time you all know, you'd be doing it too. Come
2595	03:41:32 --> 03:41:37	on. But what happens when individuals out there that learn how to trade really
2596	03:41:37 --> 03:41:42	well, let me not, maybe not with this stuff. Maybe, maybe do trade with other
2597	03:41:42 --> 03:41:47	stuff, and they're profitable, and they're wildly profitable, and they have
2598	03:41:47 --> 03:41:55	a bunch of people with them with the extended goal, over time, to knock you
2599	03:41:55 --> 03:41:56	guys out of business.
2600	03:41:59 --> 03:42:04	Think about that. So you have to really handle yourself differently. And when
2601	03:42:04 --> 03:42:08	people earn their money, don't screw don't scroll out of that stuff. Oh,
2602	03:42:08 --> 03:42:11	well, you broke this rule. You didn't do that. Now it's supposedly some one
2603	03:42:11 --> 03:42:15	company saying you got to record yourself trading. Well, my students 15
2604	03:42:15 --> 03:42:19	out of trading. They probably would love doing it. They probably want to see if
2605	03:42:19 --> 03:42:23	they're trading. What I'm showing in my charts, if you're trained like that ICT
2606	03:42:23 --> 03:42:29	guy, we gotta get this guy out of here. Deny all payouts, some funny stuff. I
2607	03:42:29 --> 03:42:32	mean, it's not funny for the people that should have been paid out because
2608	03:42:32 --> 03:42:35	they've earned the money. But it's, it's crazy. I'm sure they're probably
2609	03:42:35 --> 03:42:40	thinking, Man, this guy's teaching everybody how to do this stuff. Yep.
2610	03:42:40 --> 03:42:46	Boys in Chicago are paying attention to trust me on that. Tell me I can't and
2611	03:42:47 --> 03:42:51	I'll make more of me. So that's going to be it for today. I'm going to grab
2612	03:42:51 --> 03:42:55	something to eat, enjoy the weekend and relax. I hope you all had some fun
2613	03:42:55 --> 03:42:59	today. Hope you learned something. I certainly had a great time with you all.
2614	03:42:59 --> 03:43:03	I hope you watch the video I shared yesterday. It's sped up. If you watch it
2615	03:43:03 --> 03:43:08	at point two, five speed, don't you don't want to hear me sound like I'm
2616	03:43:08 --> 03:43:11	drunk. I've never been drunk in my life, but at point two, five, I'm going to
2617	03:43:11 --> 03:43:14	sound like I'm drunk. But watch everything I'm annotating in the in the
2618	03:43:14 --> 03:43:18	chart and in comp, compare and contrast with I showed you here how we worked
2619	03:43:18 --> 03:43:23	from higher time frame using the PD arrays and the price delivery continuum
2620	03:43:23 --> 03:43:28	theory, where everything on the higher time frame has to be confirmed with that
2621	03:43:28 --> 03:43:33	lower time frame, contrast that with what you hear in retail, the higher time
2622	03:43:33 --> 03:43:38	frames have to confirm the lower time frame. No, no, no, no, no, because
2623	03:43:38 --> 03:43:46	everything is algorithmic, prices are going to be reacting to in the way. I'm
2624	03:43:46 --> 03:43:52	teaching you with the lower time frames, because it's high frequency in nature.
2625	03:43:52 --> 03:43:57	Algorithmic trading is not slow snails pace, trading on weekly, monthly and
2626	03:43:57 --> 03:44:00	daily charts in four hour that's not what that is not that there isn't
2627	03:44:00 --> 03:44:05	algorithms keying off of those time frames there are, but algorithmic
2628	03:44:05 --> 03:44:08	delivery of price that the engine itself is causing the fluctuations higher and
2629	03:44:08 --> 03:44:11	lower, where the price is going to go, whether there's buyers or sellers at any
2630	03:44:11 --> 03:44:17	degree of of significance, more other than any other day, it's these things
2631	03:44:17 --> 03:44:22	are predetermined. And I'm telling you, I know some people just don't like to
2632	03:44:22 --> 03:44:26	hear it, but if it was anything, but what I'm telling you, I would tell you,
2633	03:44:27 --> 03:44:32	but if it isn't what I'm telling you, and I'm able to do this, what other
2634	03:44:32 --> 03:44:36	school of thought am I employing? What is it? Because you're not going to find
2635	03:44:36 --> 03:44:40	that it's not going to happen, folks, it's not going to happen, but you're
2636	03:44:40 --> 03:44:44	welcome. You're welcome to go out there and waste your time doing some people
2637	03:44:44 --> 03:44:51	have tried, and they became students, and I wish you all the best with it. I I
2638	03:44:51 --> 03:44:55	want you to do well. I certainly want my son to come out here and do a better job
2639	03:44:55 --> 03:45:03	of being iced tea. Point 2.0 5.0 yeah. Um. Than I was. I want him to do it
2640	03:45:03 --> 03:45:11	correctly, not have the the the self centered all about me that I had when I
2641	03:45:11 --> 03:45:18	was 20. I wish I had this mentality when I was 20. I would have been a huge, huge
2642	03:45:18 --> 03:45:22	name in the industry, way before I am right now and I'm, I'm not really that
2643	03:45:22 --> 03:45:26	big of a deal, so don't think I'm trying to make myself bigger than I am. But
2644	03:45:26 --> 03:45:29	when it comes to trading, everybody knows what SMC is. Everybody knows what
2645	03:45:29 --> 03:45:33	an ICT is. And they're, they're polarized. Either, yeah, I know I'm he's
2646	03:45:33 --> 03:45:40	a crackpot, or, yeah, wow, that guy's something else. It's crazy, and that's
2647	03:45:40 --> 03:45:44	what it is, and I like being polarizing, because that means I'm constantly going
2648	03:45:44 --> 03:45:49	to have a fresh perspective put against me. And then over time, those
2649	03:45:49 --> 03:45:52	individuals that listen to that bullshit, they'll come here and they'll
2650	03:45:52 --> 03:45:55	see what I'm able to do and what my students are learning, and they're doing
2651	03:45:55 --> 03:45:59	in their own hands. And there ain't no better testimony than you finding what
2652	03:45:59 --> 03:46:01	you're looking for and never understanding what it was you were
2653	03:46:01 --> 03:46:06	seeking to see it for the first time, and you're like, wow, you're telling me
2654	03:46:06 --> 03:46:10	that I can get short at the high of the day, and all I'm trying to get is 10
2655	03:46:10 --> 03:46:15	handles. And what happens if I just hold it right? What happens if you hold it
2656	03:46:15 --> 03:46:19	for the entire daily range? What happens if you carry it over to the following
2657	03:46:19 --> 03:46:22	day and you reach for targets that I'm teaching you, the algorithm is going to
2658	03:46:22 --> 03:46:26	reprice to anyway. He's got to submit to the time holding on to him. Everything
2659	03:46:26 --> 03:46:32	changes, folks, and you won't be able to sleep. You'll have so much energy and
2660	03:46:32 --> 03:46:36	excitement. It's not fear. You'll have so much excitement, like you will be
2661	03:46:36 --> 03:46:41	buzzing. You Won't you won't be able to stand it waiting to get through work
2662	03:46:41 --> 03:46:44	because you want to go home and get into charts and dig through it and study
2663	03:46:44 --> 03:46:48	more. That's how you know you're progressing. If it's hard for you to get
2664	03:46:48 --> 03:46:51	into the charts, if you're finding it daunting, and you're listening to me,
2665	03:46:51 --> 03:46:54	and he's like, Oh, this guy, I don't even want to go through this anymore.
2666	03:46:54 --> 03:46:59	Just stop. Save yourself all the trouble and just stop because you're not
2667	03:46:59 --> 03:47:03	equipped, ready and wanting to do it right now. You may want to do it later
2668	03:47:03 --> 03:47:08	on, but don't. If you have to force yourself to do this and learn from me,
2669	03:47:08 --> 03:47:12	then that's the surest sign that you're not ready. That's all, that's all,
2670	03:47:12 --> 03:47:14	that's all it means. And go do something else. Try to learn something from
2671	03:47:14 --> 03:47:17	somebody else. There's a lot of other YouTubers out there that are live
2672	03:47:17 --> 03:47:21	streaming and actually doing their trades in front of you. Go learn from
2673	03:47:21 --> 03:47:25	them. Go try to do what they're doing and see what it does for you. It might
2674	03:47:25 --> 03:47:29	work for you, it might it might fix it for you. But if it doesn't come back
2675	03:47:29 --> 03:47:33	with that perspective, and I promise you, you will find what you're looking
2676	03:47:33 --> 03:47:36	for, because you're going to see something totally different than
2677	03:47:36 --> 03:47:41	everybody else's stuff, even my YouTube channel, students like Taja. Well,
2678	03:47:41 --> 03:47:46	that's only one I want to promote right now, because there's other ones that are
2679	03:47:46 --> 03:47:49	coming up, and I don't want to put a spotlight on them, because they're just
2680	03:47:49 --> 03:47:53	quite not, not quite ready for all the fans here. Because I put my finger on
2681	03:47:54 --> 03:47:58	Tanya's live stream they she has a lot of trolls in here now, and I know
2682	03:47:58 --> 03:48:01	they're trolling me because they know I'm watching and it's fine, they're
2683	03:48:01 --> 03:48:05	they're broke, but the point is is I'm not trying to create a Drama Fest for
2684	03:48:05 --> 03:48:12	any of my students, and they're welcome to create that on their own, but even
2685	03:48:12 --> 03:48:18	they that are profitable, they're not trading like I trade. They you didn't
2686	03:48:18 --> 03:48:24	see any one of my students do what I just did yesterday into today. And for
2687	03:48:24 --> 03:48:29	the folks that are telling me you took the same trade show me telling me in
2688	03:48:29 --> 03:48:33	words, I know what you think, you think, by saying, Yeah, I took the same trade,
2689	03:48:33 --> 03:48:39	any same entry and exit. ICT, I want to see that. I want to see that. I have
2690	03:48:39 --> 03:48:42	four people tell me that in the comment section, and they're not subscribed,
2691	03:48:43 --> 03:48:46	they're just somebody that just watched the video, and they're just left it,
2692	03:48:46 --> 03:48:50	left a comment. I'm telling you that you're lying, and you're lying, and
2693	03:48:51 --> 03:48:55	you're doing the same thing that people do, as I mentioned here in other
2694	03:48:55 --> 03:48:59	lectures, where, if you do something a demo account, and it's not even linked
2695	03:48:59 --> 03:49:03	to anything, and it pans out, and you want to show everybody you're empty for
2696	03:49:03 --> 03:49:07	your empty five or your demo account results on trading view, or whatever it
2697	03:49:07 --> 03:49:11	is that you're trading with. You want that response from the social media to
2698	03:49:11 --> 03:49:14	make you feel good, because what you just did should have already been
2699	03:49:14 --> 03:49:18	enough, like if you know what you're doing, and the trade goes just like you
2700	03:49:18 --> 03:49:22	wanted to do, whether you're tape reading it with no demo account or a
2701	03:49:22 --> 03:49:27	demo or you're trading with real money or a prop firm. The fact that you're
2702	03:49:27 --> 03:49:31	following your rules and it's delivering as you expect, that should get you
2703	03:49:31 --> 03:49:35	ecstatic, that you're progressing as you're going through the motions, that
2704	03:49:35 --> 03:49:39	you're properly learning. You're not going through this rut. You're not
2705	03:49:39 --> 03:49:46	stagnant. And the purest sign that you're not equipped and you're not
2706	03:49:46 --> 03:49:51	following the rules of going through the process of learning here or anywhere
2707	03:49:51 --> 03:49:56	else is if you go on social media and you toss your hat out there and say,
2708	03:49:57 --> 03:50:02	give me a tip. Give me some money. Give. His attention, some engagement, dopamine
2709	03:50:02 --> 03:50:07	hit. Let me feel good for a moment, because you can't find the comfort in
2710	03:50:07 --> 03:50:12	the progress that you're making studying in the privacy of your own home, your
2711	03:50:12 --> 03:50:17	own office, wherever it is you're doing it. Nobody needed to tell me I was doing
2712	03:50:17 --> 03:50:23	it right when I started happening. Nobody needed to tell me, attaboy, I
2713	03:50:23 --> 03:50:27	love the fact that I had all the ammunition to go against my family and
2714	03:50:27 --> 03:50:30	friends that were talking about when I was coming up and saying, you're wasting
2715	03:50:30 --> 03:50:36	your time. They all finished working their life and retired, or some of them
2716	03:50:36 --> 03:50:41	are still working in retirement because they don't know how to make money. They
2717	03:50:41 --> 03:50:44	weren't successful, but these are the same people that said, you ain't gonna
2718	03:50:44 --> 03:50:52	be able to do anything with that. And now my name's everywhere. I have people
2719	03:50:52 --> 03:50:55	in other countries saying, we talk about you here, about what we're you know
2720	03:50:56 --> 03:51:05	what? It's weird. It's weird, right? But I know it can work for you. I know it
2721	03:51:05 --> 03:51:09	will. I absolutely know it will work for you. But the problem is, is you have to
2722	03:51:09 --> 03:51:13	believe it will. And how you learn to believe it go through the process I'm
2723	03:51:13 --> 03:51:16	laying in front of you, just like I'm doing with Caleb. You start like this
2724	03:51:16 --> 03:51:20	screenshot, finding things in hindsight, and the more you do it, you start
2725	03:51:20 --> 03:51:24	getting better at seeing it, and then you start applying new concepts as I
2726	03:51:24 --> 03:51:29	reveal them, and education showing you examples of it. I'm not just talking
2727	03:51:29 --> 03:51:32	about stuff that's after the fact I'm doing it. I'm telling you what I think
2728	03:51:32 --> 03:51:37	is going to happen in the week, and then I'm executing on them. Don't believe me.
2729	03:51:37 --> 03:51:41	Go back and listen to every lecture and everything I outlined on Caleb's channel
2730	03:51:41 --> 03:51:46	too, they were all before the fact. It's never hindsight. It's never after the
2731	03:51:46 --> 03:51:50	fact, I'm just not going to put you in a trade. It's going to make $100,000 so
2732	03:51:50 --> 03:51:54	you go online pretending you're smart and scam people and say, I'm going to
2733	03:51:54 --> 03:51:58	teach you better than ICT, because that's the new flavor right now. Okay,
2734	03:51:58 --> 03:51:58	you
2735	03:51:58 --> 03:52:02	can teach better than me. You can trade better than me. Do something better than
2736	03:52:02 --> 03:52:06	I just did, outline the week, what it's going to do, where it's going to trade
2737	03:52:06 --> 03:52:10	to and then you make $100,000 in one single trade, single pull you do that,
2738	03:52:11 --> 03:52:15	show the executions, record the entire thing from beginning to end. Prove it's
2739	03:52:15 --> 03:52:20	not a demo. Prove it's not this. Prove it's not that. Go all out everything
2740	03:52:20 --> 03:52:24	possible. And then you'll get a nod from me. I'll even point people to your
2741	03:52:24 --> 03:52:27	channel if you want to be a live streamer about it. But I promise you,
2742	03:52:28 --> 03:52:32	you will not be able to do that in years from now. You will. My best is they'll
2743	03:52:32 --> 03:52:36	be able to pull that same trade off. I just did absolutely. I'm I'm confident
2744	03:52:36 --> 03:52:40	that I have taught enough. I just went through the process of doing here. See,
2745	03:52:40 --> 03:52:44	the problem is you're trying to do everything, and you're not focusing on
2746	03:52:44 --> 03:52:49	one concept, where's the price going? And then you're just looking for
2747	03:52:49 --> 03:52:53	anything to get involved in that. If you're spared, you want to get in as
2748	03:52:53 --> 03:52:56	high as you can. So what's the highest premium array? You got to go through
2749	03:52:56 --> 03:53:03	your time frames to find it. But you're rushing. You want to be in these one
2750	03:53:03 --> 03:53:06	minute or sub one minute charts, and you want to make big, big money on small,
2751	03:53:06 --> 03:53:09	little, tiny fluctuations, because you think, I don't want to be in the chart
2752	03:53:09 --> 03:53:14	long enough. I want to be get in and get out. But there's going to be, there's
2753	03:53:14 --> 03:53:17	going to have to be a period of time where you hold on to the trade, because
2754	03:53:17 --> 03:53:21	you're not going to grow if you just go in there for taking five handles in ES
2755	03:53:21 --> 03:53:26	and 10 to 15 handles in mass that can be done, you will stagnate as a trader. And
2756	03:53:26 --> 03:53:32	what that does is it's rewarding. You doing not enough. You have to broaden
2757	03:53:32 --> 03:53:41	your your range of opportunity by holding on to trades longer. My
2758	03:53:41 --> 03:53:48	comfortable timeframe, okay, is working inside the weekly range. I don't want to
2759	03:53:48 --> 03:53:53	hold anything over the weekend ever again. I just know that I don't have the
2760	03:53:53 --> 03:53:59	like I'm 52 now, I think about things a little bit differently. My body responds
2761	03:53:59 --> 03:54:05	to to to things differently now, as an older man, and while I'm not a senior
2762	03:54:05 --> 03:54:09	citizen, I do feel physical changes in my body, and I don't want to put things
2763	03:54:09 --> 03:54:14	on me that is not necessary, so I'm completely content with doing the types
2764	03:54:14 --> 03:54:20	of things I'm doing here, because I'm not absorbing or incurring or inviting
2765	03:54:20 --> 03:54:24	over the weekend, risk, which is in the climate we have around the world right
2766	03:54:24 --> 03:54:29	now, astronomical, like anything can pop off, new nuclear war, new terrorism,
2767	03:54:29 --> 03:54:34	biochemical, all that stuff and anything can pop off, and that will cause crazy
2768	03:54:34 --> 03:54:39	town levels of volatility in the marketplace. And if it's not on the
2769	03:54:39 --> 03:54:43	right side of my trade that I'm holding over the weekend, when we open up on
2770	03:54:43 --> 03:54:47	Sunday, I could be in some serious financial distress, and I just don't
2771	03:54:47 --> 03:54:53	want to incur that. So my appetite is working inside the weekly range. I know
2772	03:54:53 --> 03:54:57	I have the market that's going to trade, except for one hour it's broken between
2773	03:54:57 --> 03:55:02	5pm and 6pm every evening. I. And I think if you have been paying attention,
2774	03:55:03 --> 03:55:08	much like the comment section is proven to me that it's 99.999% just a love fest
2775	03:55:08 --> 03:55:13	in here, which is the reason why I don't like showing it, because it looks like
2776	03:55:13 --> 03:55:16	I'm encouraging worship, and I don't want you worshiping Me. I don't want you
2777	03:55:16 --> 03:55:19	I see every one of your comments, even the one say, I don't know if you
2778	03:55:19 --> 03:55:23	probably see this comment, but I see all of them. I'm not going to reply to you,
2779	03:55:23 --> 03:55:27	but many times it's a statement that you make or something, it'll inspire me to
2780	03:55:27 --> 03:55:30	talk about something in the recording, as some of you probably already realized
2781	03:55:30 --> 03:55:37	today. But I just want to give a shout out to the ladies in the community,
2782	03:55:37 --> 03:55:46	because that that part of our community is growing a lot, and to me, I find that
2783	03:55:46 --> 03:55:52	very comforting, because this is a man's world in everybody's else, in everybody
2784	03:55:52 --> 03:55:56	else's eyes. But I've said this before, and one dude, one dude, had to be the
2785	03:55:56 --> 03:56:02	guy. Oh, you're simping, dude, you're broke, and you gotta, you gotta get your
2786	03:56:02 --> 03:56:07	head out of your ass. We have to work harder at being better as a trader, as a
2787	03:56:07 --> 03:56:13	man, women, don't have to do the things to compensate for size performance.
2788	03:56:13 --> 03:56:17	We're all we're all like that as men, that's how we think that's that's the
2789	03:56:17 --> 03:56:22	economy between men who's stronger, who's bigger, who's longer, who's
2790	03:56:22 --> 03:56:26	harder, who stays up longest, all that stuff, and who has more money, who has a
2791	03:56:26 --> 03:56:31	prettier wife, who has the best chin line, who has a prettier teeth, you
2792	03:56:31 --> 03:56:38	know, all these compare and contrast and competition And in trading, women don't
2793	03:56:38 --> 03:56:46	have that, like I've watched a podcast. It's not a podcast I'm a fan of, by the
2794	03:56:46 --> 03:56:51	way, but because it was all women, I I literally was, like, interesting. I want
2795	03:56:51 --> 03:56:57	to see I want to see what they do, and watch how women engage with one another.
2796	03:56:57 --> 03:57:03	And they're all traders. They did not one time unzip their pants and let it
2797	03:57:03 --> 03:57:07	fall on the table and say, let's see who measures up. They conversed with one
2798	03:57:07 --> 03:57:10	another. They didn't vilify one another. They didn't look like they were offended
2799	03:57:10 --> 03:57:13	by the other person's perspective. They all felt like, wow, yeah, it's a
2800	03:57:13 --> 03:57:21	sisterhood, and I think that the men in this industry should look at one another
2801	03:57:21 --> 03:57:26	like a brother and encourage the next guy. It doesn't mean that you can't rib
2802	03:57:26 --> 03:57:29	rib somebody when they need it or when you want to have fun with it, and they
2803	03:57:29 --> 03:57:31	shouldn't have their feelings hurt and be like, Oh, I'm going home to take my
2804	03:57:31 --> 03:57:37	toys home. But men generally are the source of the toxicity in our industry,
2805	03:57:38 --> 03:57:43	not just in online social media around trading, but even in the industry
2806	03:57:43 --> 03:57:48	outside of social media, like I'm going to traders Expo next year, like I'm
2807	03:57:48 --> 03:57:52	going to be down there, I'm going to be floating through there. I probably grow
2808	03:57:52 --> 03:57:56	my beard out and dye my hair and probably get some fake tattoos all on
2809	03:57:56 --> 03:58:02	myself, going incognito. But I want to see, I want to see what it's like
2810	03:58:02 --> 03:58:09	walking around all of you, The Wolf Among sheep. I want to I want to see the
2811	03:58:09 --> 03:58:13	bravado, and I hopefully will see some of the ladies that are in the industry.
2812	03:58:13 --> 03:58:18	And I want to be able to capture that so I can tell you, this was what I
2813	03:58:18 --> 03:58:24	observed. But the men are the toxic side of this industry. The women aren't. And
2814	03:58:24 --> 03:58:29	it's not surprising that my students that are doing the best that make the
2815	03:58:29 --> 03:58:37	most real money, not not Prop money, real money. Real Money. $30,000 a week,
2816	03:58:37 --> 03:58:47	real money. Hello. They're female. They're born with a vagina. What are
2817	03:58:47 --> 03:58:51	they doing differently? It's how they think. They don't engage social media.
2818	03:58:51 --> 03:58:55	They don't even have social media presence, except for being in contact
2819	03:58:55 --> 03:58:59	with me. And that's not the secret sauce. It's the fact that they cut out
2820	03:58:59 --> 03:59:03	all the bullshit, all the drama, it's out they don't want drama in their
2821	03:59:03 --> 03:59:06	household. They certainly don't want in their finances, and they don't want it
2822	03:59:06 --> 03:59:10	in their thinking about trades, because you have to guard your mind and young
2823	03:59:10 --> 03:59:14	men and older men, you need to start applying that stuff that's not same
2824	03:59:14 --> 03:59:20	thing. That's common sense, and the data doesn't argue against it. It's it's
2825	03:59:20 --> 03:59:26	supplying the proof that women are better traders. Doesn't mean that you
2826	03:59:26 --> 03:59:31	can't find some reckless guy out there. I'm gonna throw out everything and just
2827	03:59:31 --> 03:59:38	go all in full, full, full tilt. It's you doing a work or it's not. And if it
2828	03:59:38 --> 03:59:41	doesn't work, I don't care. But what if it does? I'm gonna be a legend. No,
2829	03:59:41 --> 03:59:49	you're not. You're a gambler. Proficiency and precision is what I just
2830	03:59:49 --> 03:59:56	demonstrated. That to me is impressive. Making lots of money on one trade after
2831	03:59:56 --> 04:00:01	having severe drawdown in the same day. That's not impressive. Of that's
2832	04:00:01 --> 04:00:10	gambling. Having big windfall wins. Take out your top three, top two or three
2833	04:00:10 --> 04:00:17	windfalls. How are you making money now, so many people online are making a
2834	04:00:17 --> 04:00:22	career over the one big thing they just did, or the one big payout it is.
2835	04:00:22 --> 04:00:26	There's a big buzz right now. One, one prop firm just did a supposedly, I don't
2836	04:00:26 --> 04:00:30	know if it's true or not. I don't know, but supposedly there's a big, multi
2837	04:00:30 --> 04:00:35	million or almost $2 million payout. And do whatever that student is, or I
2838	04:00:35 --> 04:00:38	shouldn't say students, I don't, I don't know who it is, okay. I'm not trying to
2839	04:00:38 --> 04:00:40	say it is. I don't know who it is. I just, I heard somebody else talk about
2840	04:00:40 --> 04:00:45	it. It was changed by Matt. And I thought to myself, wow. You know,
2841	04:00:45 --> 04:00:49	they're putting out payouts like that. That's why I was like, Okay, well, let
2842	04:00:49 --> 04:00:52	me just, let me just test the waters and see what's going on. Because if you're
2843	04:00:52 --> 04:00:59	telling me that I could somehow, then look, man, that's easy. Like, that's
2844	04:00:59 --> 04:01:03	easy. You're you're basically asking me to do a demo account and make millions
2845	04:01:03 --> 04:01:10	of dollars. Uh, yeah, I can do that. That's easy stuff. Course I can. I can
2846	04:01:10 --> 04:01:15	do that. I can create proxies. And hey, look, we're gonna do you want to see
2847	04:01:15 --> 04:01:24	record payout? It's closing time. We had to pay everything I see he's a partner
2848	04:01:24 --> 04:01:24	now.
2849	04:01:30 --> 04:01:33	Oh, anyway, we're getting it's boring. Now, we gotta get off here. I'm talking
2850	04:01:33 --> 04:01:36	about things that aren't that funny anymore. So it's funny to me, though.
2851	04:01:37 --> 04:01:41	Wish you a very good weekend. Be safe, study. Go back through that recording
2852	04:01:41 --> 04:01:47	yesterday or today from yesterday's trade into today, slow speed, take
2853	04:01:47 --> 04:01:52	screenshots of that, and then build that same thing that I mean demonstrating in
2854	04:01:52 --> 04:01:58	my charts. Map that on yours, and then log anything else you see in in your own
2855	04:01:58 --> 04:02:04	observations. Okay? And then I think next week. I owe you a London session,
2856	04:02:04 --> 04:02:10	so we'll probably do one Tuesday. No, this is, this is schedule at noon,
2857	04:02:11 --> 04:02:27	Tuesday morning, which will be my local time, 145 40 5am okay, so it's
2858	04:02:27 --> 04:02:31	technically Tuesday's trading for some of you in other parts of the world may
2859	04:02:31 --> 04:02:40	look at things differently, but my time 1:45am Tuesday. Okay, we'll meet on live
2860	04:02:40 --> 04:02:44	stream on YouTube, on this channel, and then we'll, we'll talk about things over
2861	04:02:44 --> 04:02:52	the london session. Okay, so Monday will be a regular, I guess what? 930 or so? A
2862	04:02:52 --> 04:02:57	couple minutes break before 930 I'll try to keep it to like 1030 because I want
2863	04:02:57 --> 04:03:02	to make sure I can get everything else I do in my personal life, and then have
2864	04:03:02 --> 04:03:06	time to get everything set up for later that night for me, but it'll be 1:45am
2865	04:03:07 --> 04:03:12	Eastern Time next Tuesday, and we'll do the live stream until, well, whenever I
2866	04:03:12 --> 04:03:16	get tired of being on there. Okay, so until I talk to you, then, Lord willing,
2867	04:03:16 --> 04:03:16	be safe. You.

ICT YT - 2024-09-06 - ICT 2024 Mentorship - Lecture 23

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