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2 |1 |00:01:14 ~-~-> 00:01:21 |ICT: Good morning. Good morning. It is a good morning. It's delicious. Actually,
3 |2 |00:01:23 ~-~-> 00:01:25 |wasn't expecting that. One was Yes,
4 |3 |00:01:26 ~-~-> 00:01:31 |man, these These glasses are amazing. I'm seeing so many more salty comments.
5 |4 |00:01:31 ~-~-> 00:01:36 |This is great. This is awesome. I need these antagonistic individuals for my
6 |5 |00:01:36 ~-~-> 00:01:41 |story arc, like I need that. Okay, it can't all be people supporting me,
7 |6 |00:01:41 ~-~-> 00:01:46 |right? Where's the fun in that? Just give me a second here. I gotta make sure
8 |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
9 |8 |00:01:50 ~-~-> 00:01:57 |to be with you until around nine ish, something like that today. About I'll
10 |9 |00:01:57 ~-~-> 00:02:02 |observe the Non Farm Payroll with you today. Just give me a second. I'll be on
11 |10 |00:02:02 ~-~-> 00:02:02 |mute For a Minute. You
12 |11 |00:03:59 ~-~-> 00:04:05 |All righty, Welcome back. Welcome back. It is your host, the ghost with the
13 |12 |00:04:05 ~-~-> 00:04:09 |most. That's right, good old ICT. Hope you're doing well. It is Non Farm
14 |13 |00:04:09 ~-~-> 00:04:15 |Payroll Friday, just about eight minutes or so away from the carnival ride that
15 |14 |00:04:16 ~-~-> 00:04:21 |most retail traders want to be a participant in. They want to ride the
16 |15 |00:04:21 ~-~-> 00:04:32 |roller coaster. So I I shared what I've been doing here. I was running something
17 |16 |00:04:32 ~-~-> 00:04:37 |I outlined would unfold this week. If you go back and look at the reviews, the
18 |17 |00:04:37 ~-~-> 00:04:41 |commentary, the things I was posting on my son's channel, and for the folks that
19 |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
20 |19 |00:04:46 ~-~-> 00:04:53 |my community tab on my YouTube channel. If you're following me on the app on
21 |20 |00:04:53 ~-~-> 00:05:00 |your phone, on YouTube, I know that on my older phone I couldn't get. The
22 |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
23 |22 |00:05:06 ~-~-> 00:05:10 |laptop or something that's a little bit bigger. I'm not sure why it does that,
24 |23 |00:05:10 ~-~-> 00:05:17 |but the community tab is kind of like where I post things to I don't use
25 |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
26 |25 |00:05:21 ~-~-> 00:05:27 |those services, but I use my community post or tab on my YouTube channel as a
27 |26 |00:05:27 ~-~-> 00:05:32 |way of kind of like a message board telling you what I'm getting ready to
28 |27 |00:05:32 ~-~-> 00:05:36 |do, or just give you some kind of encouragement, or just needle the folks
29 |28 |00:05:36 ~-~-> 00:05:47 |that need the little heat from an ICT. So I realized while watching the the
30 |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
31 |30 |00:05:56 ~-~-> 00:06:03 |do that real quick before we get into the tonfoolery that is nonprofit
32 |31 |00:06:03 ~-~-> 00:06:16 |payroll. So on a one minute chart there, and that's the six o'clock open right
33 |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
34 |33 |00:06:22 ~-~-> 00:06:30 |is that price there. So the high is the close of 459 and
35 |34 |00:06:40 ~-~-> 00:06:44 |into opening gap. Hi,
36 |35 |00:06:59 ~-~-> 00:07:01 |and then we'll put this small.
37 |36 |00:07:09 ~-~-> 00:07:19 |And now I gotta do is just change that to low, quick, painless, right? And the
38 |37 |00:07:19 ~-~-> 00:07:20 |scrub on over here.
39 |38 |00:07:31 ~-~-> 00:07:40 |She's a bit up here. It's the lookout to overlapping with the August 13 daily
40 |39 |00:07:40 ~-~-> 00:07:48 |fair value gap high. That's interesting about that. Let's see what we get here.
41 |40 |00:07:49 ~-~-> 00:07:53 |So when you're looking at Non Farm Payroll, okay, I'm not enticing you to
42 |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
43 |42 |00:08:00 ~-~-> 00:08:10 |liquidity they aim for, okay? Before we get into it. Non Farm Payroll is not
44 |43 |00:08:10 ~-~-> 00:08:17 |algorithmic. Okay, that is not algorithmic. It is the same logic that
45 |44 |00:08:17 ~-~-> 00:08:26 |is used in the automated form, but Non Farm Payroll, like FOMC is a manual
46 |45 |00:08:26 ~-~-> 00:08:32 |intervention. That means they literally pick where they want it to go abruptly,
47 |46 |00:08:33 ~-~-> 00:08:40 |just like that. Okay, and you're encouraged not to try to trade it going
48 |47 |00:08:40 ~-~-> 00:08:45 |into the Non Farm Payroll number 2030, minutes after, or if you're really,
49 |48 |00:08:45 ~-~-> 00:08:51 |really skilled, 15 minutes after. So 8:45am, Eastern Time. That's the
50 |49 |00:08:51 ~-~-> 00:08:56 |earliest I would say that anyone should try to trade the Non Farm Payroll. Now,
51 |50 |00:08:56 ~-~-> 00:09:00 |obviously, if you're already part of a trade and you're holding something, then
52 |51 |00:09:00 ~-~-> 00:09:04 |it goes without saying that you know, if you have taken something off, you can
53 |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
54 |53 |00:09:07 ~-~-> 00:09:13 |that lemon. But you do not want to be trading this. Okay, if I were to trade
55 |54 |00:09:13 ~-~-> 00:09:17 |every single Non Farm Payroll event before the fact, in other words, if I
56 |55 |00:09:17 ~-~-> 00:09:22 |was trying to position ahead of it, I would have terrible stats because I
57 |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
58 |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
59 |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
60 |59 |00:09:31 ~-~-> 00:09:35 |going to take ppi, they're all manual interventions. That means that you
61 |60 |00:09:35 ~-~-> 00:09:39 |should not be trying to position yourself ahead of them. Wait for the
62 |61 |00:09:39 ~-~-> 00:09:45 |initial shock, once that, once, that big crash, you know, comes down into the
63 |62 |00:09:45 ~-~-> 00:09:51 |marketplace, where the shock and all hits it, look and see what is left
64 |63 |00:09:52 ~-~-> 00:09:56 |behind, like, where's the smooth edges? Because that's what they're going to go
65 |64 |00:09:56 ~-~-> 00:10:01 |for next. Okay, so in the times that you're going to. Wrong about that. Okay,
66 |65 |00:10:01 ~-~-> 00:10:04 |well, that just one time you're wrong about it doesn't mean your career is
67 |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
68 |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
69 |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
70 |69 |00:10:27 ~-~-> 00:10:34 |trade. That's my eujiro profile and model. I'm being facetious. It's just me
71 |70 |00:10:34 ~-~-> 00:10:38 |doing my typical stuff, one shot, one kill. I told you the turtle soup, how it
72 |71 |00:10:38 ~-~-> 00:10:42 |forms, told you what to look for this week with the commentary on the daily
73 |72 |00:10:42 ~-~-> 00:10:46 |chart. And some of you are surprised. Like, how did that happen? Where did you
74 |73 |00:10:46 ~-~-> 00:10:56 |get that information from? Alright, so we are inside this city here, and let's
75 |74 |00:10:56 ~-~-> 00:11:02 |define it real quick. Here's your sell side. And somebody hear me like, oh, you
76 |75 |00:11:02 ~-~-> 00:11:07 |know it's going to hit one of those levels, right? And the important factor
77 |76 |00:11:07 ~-~-> 00:11:16 |is seeing which one they leave going into the 930 opening bell and or do they
78 |77 |00:11:16 ~-~-> 00:11:32 |leave it in place after the initial run for liquidity? And we will do that now.
79 |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
80 |79 |00:11:37 ~-~-> 00:11:43 |into some intermediate term buy side, especially with the non primary payroll.
81 |80 |00:11:49 ~-~-> 00:11:56 |Okay? So what I teach my students to do is frame out 15 minute highs and lows
82 |81 |00:11:56 ~-~-> 00:12:03 |that are key relative equal highs by side. This one here. We do have, you
83 |82 |00:12:03 ~-~-> 00:12:07 |know this, but I don't like that so much because we already hit this lower low,
84 |83 |00:12:07 ~-~-> 00:12:12 |and we've already met the objective I had for this week, which was that August
85 |84 |00:12:12 ~-~-> 00:12:16 |13 daily fair value got low. And you can go back and listen to my commentary.
86 |85 |00:12:16 ~-~-> 00:12:20 |Look at what I was explaining on Caleb's channel, and the things that was
87 |86 |00:12:20 ~-~-> 00:12:25 |mentioning during the live streams on this channel. We were looking for lower
88 |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
89 |88 |00:12:32 ~-~-> 00:12:35 |folks that said you got two screens recording, just turn the trade on. Go.
90 |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
91 |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
92 |91 |00:12:44 ~-~-> 00:12:55 |you can. Salty boys, all right, so here we got it. This is nonprofit. You want
93 |92 |00:12:55 ~-~-> 00:13:01 |to trade that? You want to trade that? Ooh, that's right, baby. Right to the
94 |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
95 |94 |00:13:08 ~-~-> 00:13:11 |that you're going to trade these types of moves, if you think that's going to
96 |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
97 |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
98 |97 |00:13:18 ~-~-> 00:13:22 |here, it's happening so fast, and your broker is not allowing you the
99 |98 |00:13:22 ~-~-> 00:13:28 |execution. Every broker pulls their their engagement because they know that
100 |99 |00:13:28 ~-~-> 00:13:31 |people are going to do what they're going to over leverage, just like
101 |100 |00:13:31 ~-~-> 00:13:35 |everybody does with these funded accounts, they over leverage. They link
102 |101 |00:13:35 ~-~-> 00:13:39 |20 accounts, 30 accounts, or whatever the maximum is, and they go for broke.
103 |102 |00:13:39 ~-~-> 00:13:44 |They try to trade as much as they can be allowed to do by the funded account
104 |103 |00:13:44 ~-~-> 00:13:47 |company, because they think it's the lottery, and they know they can't trade
105 |104 |00:13:47 ~-~-> 00:13:51 |well, so they're trying to get lucky on one big move. So when do they know
106 |105 |00:13:51 ~-~-> 00:13:57 |markets move around a lot, Non Farm Payroll, FOMC, CPI, ppi, and they
107 |106 |00:13:57 ~-~-> 00:14:03 |gamble. So brokers know that. They know that, so they're going to pull the
108 |107 |00:14:03 ~-~-> 00:14:09 |opportunity away from you. That's not a lack of liquidity for the sake of buying
109 |108 |00:14:09 ~-~-> 00:14:13 |and selling. There's a lot of people want to buy and sell, I promise you,
110 |109 |00:14:13 ~-~-> 00:14:19 |they all want to buy and sell, but your brokers collectively are not allowing
111 |110 |00:14:19 ~-~-> 00:14:25 |them to do that. So that's why you have this illusion, okay, of lack of
112 |111 |00:14:25 ~-~-> 00:14:30 |liquidity. They call illiquidity, illiquidity, okay? Or illiquid markets.
113 |112 |00:14:31 ~-~-> 00:14:36 |Now there's absolutely liquidity there, but the brokers are not going to allow
114 |113 |00:14:36 ~-~-> 00:14:43 |themselves to see people go in and just run roughshod on them, because some
115 |114 |00:14:43 ~-~-> 00:14:49 |brokers be book, and when they be book, these same people that they're usually
116 |115 |00:14:49 ~-~-> 00:14:54 |taking the money from, they might get lucky that day on a heavy handed bet,
117 |116 |00:14:54 ~-~-> 00:14:58 |and they're not opening themselves up. It's just like Casino. They're the house
118 |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
119 |118 |00:15:02 ~-~-> 00:15:07 |a card counter does. So what I like about the Non Farm Payroll is it gives
120 |119 |00:15:07 ~-~-> 00:15:14 |me a clue, sometimes, not all the time, where it may want to trade to at 930
121 |120 |00:15:15 ~-~-> 00:15:18 |now, how can I use the information that's been presented here? This is kind
122 |121 |00:15:18 ~-~-> 00:15:22 |of like what I'm teaching my students over the years where we're watching Non
123 |122 |00:15:22 ~-~-> 00:15:26 |Farm Payroll. I'm not telling them what to do. Okay, nobody's trying to position
124 |123 |00:15:26 ~-~-> 00:15:30 |ahead of it. But while we did have relative equal lows here, the fact that
125 |124 |00:15:30 ~-~-> 00:15:35 |we took this low below that one that already indicated that this one was more
126 |125 |00:15:35 ~-~-> 00:15:38 |likely. That's why I said I don't like this one so much. This one is
127 |126 |00:15:38 ~-~-> 00:15:43 |reasonable. Why? Because we've already traded down to that daily fair value gap
128 |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
129 |128 |00:15:49 ~-~-> 00:15:53 |the trail buy stops, which would be here is a 15 minute time frame. It's a
130 |129 |00:15:53 ~-~-> 00:16:01 |bellwether time frame. So having like FOMC, ppi, CPI numbers, any kind of big,
131 |130 |00:16:01 ~-~-> 00:16:07 |high impact news, driver, event, I just realized I didn't check my audio crap.
132 |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
133 |132 |00:16:15 ~-~-> 00:16:22 |don't have my phone either. Jeez, ICT, you're supposed to be a professional. I
134 |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
135 |134 |00:16:25 ~-~-> 00:16:28 |trade and then realize I don't have the audit. So give me a minute. Okay, give
136 |135 |00:16:28 ~-~-> 00:16:29 |me A Second.
137 |136 |00:16:42 ~-~-> 00:17:58 |You Oh, here Ross Cameron, wow, the most comprehensive dating course according to
138 |137 |00:17:58 ~-~-> 00:18:04 |Investopedia. Thanks, Ross, alright, so let's see, yep, I hear myself jogging
139 |138 |00:18:04 ~-~-> 00:18:12 |now. Yeah, four seconds delay. Very good, very good. Alright. So anyway,
140 |139 |00:18:12 ~-~-> 00:18:19 |back to the this carnival like atmosphere, the the 15 minute time
141 |140 |00:18:19 ~-~-> 00:18:23 |frame. Okay, you really want to warm up to that time frame. That's the reason
142 |141 |00:18:23 ~-~-> 00:18:27 |why I took Caleb's attention to that's like his high time frame outside of a
143 |142 |00:18:27 ~-~-> 00:18:33 |daily chart. Obviously, his high time frame is not an hourly chart, it's not a
144 |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
145 |144 |00:18:36 ~-~-> 00:18:40 |five minute chart. You can drop down to a one minute chart, or sub one minute
146 |145 |00:18:40 ~-~-> 00:18:49 |chart. And if we can appreciate the level of interest around stops that are
147 |146 |00:18:49 ~-~-> 00:18:53 |above the marketplace or below the marketplace, the 15 minute does a really
148 |147 |00:18:53 ~-~-> 00:18:56 |good job of highlighting where they're obviously going to be resting. Now, you
149 |148 |00:18:56 ~-~-> 00:19:00 |don't need a book map. You don't need any kind of like, you know, application
150 |149 |00:19:00 ~-~-> 00:19:04 |or app. And I know there's some people out there that have created them, and or
151 |150 |00:19:04 ~-~-> 00:19:07 |are building new ones, because there's a lot of interest around liquidity now,
152 |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,
153 |152 |00:19:13 ~-~-> 00:19:18 |it's framed in a way that seems mysterious, okay, and, and sometimes,
154 |153 |00:19:18 ~-~-> 00:19:22 |admittedly, I probably, in very early stages created this air of mystery
155 |154 |00:19:22 ~-~-> 00:19:26 |around how liquidity is in the marketplace and how you have to seek it.
156 |155 |00:19:27 ~-~-> 00:19:31 |But I've never been ambiguous about where it is, and I teach how to find it
157 |156 |00:19:31 ~-~-> 00:19:38 |and how to look for it, and then, based on how that liquidity is engaged, helps
158 |157 |00:19:38 ~-~-> 00:19:41 |you frame out a narrative, helps you determine what the market is likely to
159 |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
160 |159 |00:19:44 ~-~-> 00:19:50 |where is the market going next, and how can you be best positioned to capitalize
161 |160 |00:19:50 ~-~-> 00:19:57 |on that change in price, if it's moving higher or lower and or avoid being wrong
162 |161 |00:19:57 ~-~-> 00:20:03 |More times than not. So that's kind of like what. Essence or pursuit of a
163 |162 |00:20:03 ~-~-> 00:20:10 |trader is in managing the risk along the way. So a 15 minute time frame Caleb is
164 |163 |00:20:10 ~-~-> 00:20:16 |your Bellwether chart for determining where the obvious, clear pools of
165 |164 |00:20:16 ~-~-> 00:20:20 |liquidity that the algorithm will refer to for that individual daily range.
166 |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
167 |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
168 |167 |00:20:29 ~-~-> 00:20:36 |little bit extra today. What happens if you can frame a pool of liquidity like
169 |168 |00:20:36 ~-~-> 00:20:39 |we did here? We outlined it real quick. Didn't take long, did it didn't take
170 |169 |00:20:39 ~-~-> 00:20:47 |long, 15 minute relative equal highs here and this low here. And I mentioned
171 |170 |00:20:47 ~-~-> 00:20:52 |that the stark contrast was that this low was taken slightly lower than that
172 |171 |00:20:52 ~-~-> 00:20:58 |one, and then going into the Non Farm Payroll. While these two may be viewed
173 |172 |00:20:59 ~-~-> 00:21:02 |by someone else, they may say, Look at this. This is relative equal lows,
174 |173 |00:21:02 ~-~-> 00:21:09 |because it's so close to that low here. If I ever see this one or something
175 |174 |00:21:09 ~-~-> 00:21:15 |similar to this, that low being taken like that, it's already done enough to
176 |175 |00:21:15 ~-~-> 00:21:20 |tip its hand saying, okay, at the time of that high impact news driver, FOMC,
177 |176 |00:21:20 ~-~-> 00:21:28 |ppi, CPI, non farm, payroll, like today I'm going to elect to anticipate. Let's
178 |177 |00:21:28 ~-~-> 00:21:32 |say it that way. Okay, because I don't want you taking what I'm saying and
179 |178 |00:21:32 ~-~-> 00:21:35 |saying, Oh, he's giving me that secret Nudge, nudge and link, wink, to take a
180 |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
181 |180 |00:21:42 ~-~-> 00:21:46 |student when they can see these big flash moves that take place, how you can
182 |181 |00:21:46 ~-~-> 00:21:49 |anticipate where they're likely they're not, you're not going to be right all
183 |182 |00:21:49 ~-~-> 00:21:51 |the time. Okay, I'm not right all the time when it comes to these big events,
184 |183 |00:21:51 ~-~-> 00:21:55 |okay, I have to wait, because I'm not going to put money up against something
185 |184 |00:21:55 ~-~-> 00:22:00 |that's uncertain. Just as well as I mentioned that I didn't like this one
186 |185 |00:22:00 ~-~-> 00:22:05 |here, and this one was more favorable for a run for Non Farm Payroll. It could
187 |186 |00:22:05 ~-~-> 00:22:08 |just as easily gone down wipe this one then went up there. Okay, so that's what
188 |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
189 |188 |00:22:14 ~-~-> 00:22:18 |obvious pools of liquidity for buy side, which is here, above relative equal
190 |189 |00:22:18 ~-~-> 00:22:23 |highs, and the sell side below relatively cool loads, if you can
191 |190 |00:22:23 ~-~-> 00:22:27 |identify them both. And you should be able to do that over time by doing it
192 |191 |00:22:27 ~-~-> 00:22:30 |every single day. This is what you should be doing. Also every section of
193 |192 |00:22:30 ~-~-> 00:22:35 |your journal, log entry, Caleb, it should have your 15 minute time frame
194 |193 |00:22:36 ~-~-> 00:22:40 |annotating at the beginning of 930 where the 15 minute pulls in the quarterly
195 |194 |00:22:41 ~-~-> 00:22:44 |are, because that's, that's your Bellwether on the daily range, because
196 |195 |00:22:44 ~-~-> 00:22:49 |it's going to give you every piece of information that I'm going to help build
197 |196 |00:22:49 ~-~-> 00:22:52 |on before we close this live stream out today, when I review the trade I took
198 |197 |00:22:52 ~-~-> 00:22:56 |yesterday that carried over in today. And no, it's not technically the fifth
199 |198 |00:22:56 ~-~-> 00:23:00 |of September, because the execution that closes the trade occurred today. So the
200 |199 |00:23:00 ~-~-> 00:23:05 |live execution is, it's not a profitable endeavor until the trade is closed,
201 |200 |00:23:05 ~-~-> 00:23:10 |right? So the execution is September 6, not the title of the video should be
202 |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
203 |202 |00:23:18 ~-~-> 00:23:23 |minute time frame, what happens if the market at a high impact or maybe even
204 |203 |00:23:23 ~-~-> 00:23:29 |medium impact, news driver on economic calendar, like Forex, factory, com,
205 |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
206 |205 |00:23:37 ~-~-> 00:23:42 |just made on my community tab and or, if you're a private student, you know how
207 |206 |00:23:42 ~-~-> 00:23:47 |to get ahold of me that way. Does does training view have a calendar like I
208 |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
209 |208 |00:23:51 ~-~-> 00:23:56 |whatever economic counter you use, if it's one of the ones I just mentioned
210 |209 |00:23:56 ~-~-> 00:24:00 |here, I interchangeably use two econo days, what I've been using since the
211 |210 |00:24:00 ~-~-> 00:24:08 |90s. And then you have the the Forex factory, one which I got used in
212 |211 |00:24:08 ~-~-> 00:24:13 |accustomed to using when I was teaching primarily, primarily Forex. But you want
213 |212 |00:24:13 ~-~-> 00:24:17 |to look for the medium or high impact news events. I don't care about the
214 |213 |00:24:17 ~-~-> 00:24:21 |yellow or the the very low impact news drivers. I don't care so much about the
215 |214 |00:24:21 ~-~-> 00:24:30 |speeches. I do care about fit chair. I do care about bond auctions. I do care
216 |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
217 |216 |00:24:38 ~-~-> 00:24:41 |longer trade Forex, and then all of you are upset right now because, like, you
218 |217 |00:24:41 ~-~-> 00:24:44 |don't talk about force anymore. I hate you. You want to break up with me now.
219 |218 |00:24:45 ~-~-> 00:24:50 |The the same things I'm teaching here, they work in forex. The problem is, is
220 |219 |00:24:50 ~-~-> 00:24:55 |Forex right now is being strangled. Okay? There's so many things going on in
221 |220 |00:24:55 ~-~-> 00:25:03 |the monetary system that there isn't a lot of. Placement going on. So you need
222 |221 |00:25:03 ~-~-> 00:25:08 |huge flows coming into those those pairs, those those currencies, to create
223 |222 |00:25:08 ~-~-> 00:25:16 |this disparity. And because the dollars being basically demolished, everyone's
224 |223 |00:25:16 ~-~-> 00:25:21 |trying to determine what's the best play going forward. And that's the reason why
225 |224 |00:25:21 ~-~-> 00:25:25 |I backpedaled away from it, because we're going to see a big, huge like a de
226 |225 |00:25:25 ~-~-> 00:25:29 |pegging with the euro and the Swiss franc. Was years ago. If you've never
227 |226 |00:25:29 ~-~-> 00:25:34 |seen what that was, do a do a search on YouTube for documentaries about because
228 |227 |00:25:34 ~-~-> 00:25:40 |brokerage firms, large institutions, were completely wiped out instantly that
229 |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
230 |229 |00:25:46 ~-~-> 00:25:51 |be. It may be the dollar, it may be another currency, but everyone that's in
231 |230 |00:25:51 ~-~-> 00:25:56 |forex, when that happens, they're going to get crushed immediately, gone,
232 |231 |00:25:57 ~-~-> 00:26:00 |dusted, and you're going to owe more money than you ever made in your life.
233 |232 |00:26:00 ~-~-> 00:26:04 |Okay? Because that's how it is. It's like you're done, you'll be liquidated,
234 |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
235 |234 |00:26:13 ~-~-> 00:26:18 |commodities and futures trading. This is where I cut my teeth in 1992 november 5,
236 |235 |00:26:18 ~-~-> 00:26:24 |1992 that's where I started. So while Forex was fun, forex is not my thing
237 |236 |00:26:24 ~-~-> 00:26:31 |anymore. Okay, so I'm glad that there's been this big shift away from Forex, and
238 |237 |00:26:31 ~-~-> 00:26:35 |now folks that are wanting to be traders, they take their finances a
239 |238 |00:26:35 ~-~-> 00:26:38 |little bit more serious. They're not in their gunslinging, trying to trade with
240 |239 |00:26:38 ~-~-> 00:26:43 |$25 accounts and try to turn them into $1,000 in a month. Crazy stuff. Crazy,
241 |240 |00:26:43 ~-~-> 00:26:45 |crazy, crazy stuff, trading with
242 |241 |00:26:47 ~-~-> 00:26:50 |fake brokers, basically, okay, it's really what you're mostly dealing with
243 |242 |00:26:50 ~-~-> 00:26:54 |these, with these Forex guys out there. When you're trading futures, you're
244 |243 |00:26:54 ~-~-> 00:26:59 |trading a real market with real buying and selling interests. Okay, and
245 |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
246 |245 |00:27:05 ~-~-> 00:27:09 |market, okay? And I say that because Forex, you're all going to get a
247 |246 |00:27:09 ~-~-> 00:27:12 |different high, you're all going to get a different opening price. You're all
248 |247 |00:27:12 ~-~-> 00:27:16 |going to get a different close, because you're dealing with brokers that are
249 |248 |00:27:16 ~-~-> 00:27:22 |given the freedom to screw you in futures, everyone has the same high
250 |249 |00:27:22 ~-~-> 00:27:26 |tick, everyone has the same low tick, and everyone has the same opening price
251 |250 |00:27:26 ~-~-> 00:27:31 |and the same closing price. It's a level playing field. That's why professionals
252 |251 |00:27:31 ~-~-> 00:27:36 |will trade this market over Forex. That's the reason why, when you afford a
253 |252 |00:27:36 ~-~-> 00:27:43 |broker or the clearing firm that you're using to to execute your trades on. You
254 |253 |00:27:43 ~-~-> 00:27:46 |are signing the agreement when you open up an account that they can open and
255 |254 |00:27:46 ~-~-> 00:27:50 |close, and there the spread is at any time they want. It's at their discretion
256 |255 |00:27:50 ~-~-> 00:27:54 |when they're going to do it. And then you wonder why your take profit doesn't
257 |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
258 |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
259 |258 |00:28:04 ~-~-> 00:28:09 |taken out and swiped with a stock hunt in futures, but the difference is, the
260 |259 |00:28:09 ~-~-> 00:28:14 |contrast is, you were really wrong. If it happens in futures, and that's good,
261 |260 |00:28:15 ~-~-> 00:28:20 |you want to know if you're wrong, okay, but in forex, you have this wide degree
262 |261 |00:28:20 ~-~-> 00:28:26 |of disparity between all brokerage and that, to me, is a little scammy. Okay,
263 |262 |00:28:26 ~-~-> 00:28:33 |so if they are going to cannibalize their own clientele, would you choose
264 |263 |00:28:33 ~-~-> 00:28:39 |the trade in that? Would you rather swim in the pond full of crocodiles or get
265 |264 |00:28:39 ~-~-> 00:28:44 |into a pond that's far enough that affords you the time to get the hell out
266 |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
267 |266 |00:28:49 ~-~-> 00:28:52 |watching the whole time, that's what futures is. There's, there's a hippo in
268 |267 |00:28:52 ~-~-> 00:29:00 |this water, okay? And hippos, they kill more than crocodiles a year, but you got
269 |268 |00:29:00 ~-~-> 00:29:08 |one shot, one chance to screw it up here in futures, in forex, you have so many
270 |269 |00:29:08 ~-~-> 00:29:13 |things that can go awry and go against you that are outside your control. You
271 |270 |00:29:13 ~-~-> 00:29:16 |may not even see it happening or even understand that it's happening. So
272 |271 |00:29:16 ~-~-> 00:29:18 |that's why I've migrated away from that, because now the climate is
273 |272 |00:29:18 ~-~-> 00:29:25 |geopolitically primed for some major financial meltdown, and it's going to be
274 |273 |00:29:25 ~-~-> 00:29:29 |in the currencies. The currencies are going to get crushed, and it's not going
275 |274 |00:29:29 ~-~-> 00:29:33 |to be something that you can trade. Look at the Swissy and the euro de pegging,
276 |275 |00:29:33 ~-~-> 00:29:36 |okay? And you'll see exactly what I'm talking about. It's one second, it's
277 |276 |00:29:36 ~-~-> 00:29:40 |there, and then it's immediate, the game over, like it's it's game over,
278 |277 |00:29:40 ~-~-> 00:29:46 |instantaneously, boom, it's gone. You don't have anything left. And literally,
279 |278 |00:29:46 ~-~-> 00:29:50 |brokerage firms, large institutions, were completely crushed. So I'm
280 |279 |00:29:50 ~-~-> 00:29:53 |answering this because I'm still getting questions. Why I'm not talking about
281 |280 |00:29:53 ~-~-> 00:29:56 |forex, because if I talk about forex, I know, but my influence is going to have
282 |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
283 |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,
284 |283 |00:30:05 ~-~-> 00:30:12 |zero, zilch, nada. No broker holds any money in forex. For me, none, not one.
285 |284 |00:30:13 ~-~-> 00:30:19 |In futures, you have reputable brokers. You have the same price. Everybody sees
286 |285 |00:30:19 ~-~-> 00:30:23 |the same thing. It's a level playing field, and it's a professional
287 |286 |00:30:23 ~-~-> 00:30:27 |gentleman's market. That means, yes, there's manipulation, but it's not like
288 |287 |00:30:27 ~-~-> 00:30:32 |a wild wild west, like, like Forex is okay, and it's not likely to have the
289 |288 |00:30:32 ~-~-> 00:30:36 |same thing happen to it, even if there is something in the currency mark there
290 |289 |00:30:36 ~-~-> 00:30:41 |will, there will be shock waves in futures as a result of that. But I would
291 |290 |00:30:41 ~-~-> 00:30:46 |be better equipped mentally and psychologically to weather any
292 |291 |00:30:46 ~-~-> 00:30:53 |adversities while trading futures versus Forex. So there's your answer for
293 |292 |00:30:53 ~-~-> 00:30:57 |everybody's been asking. Why you keep talking about stuff? Nobody asked you.
294 |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,
295 |294 |00:31:01 ~-~-> 00:31:05 |opening gaps in that beautiful so we traded all the way back up to the buy
296 |295 |00:31:05 ~-~-> 00:31:09 |side, which was favored over this because of that little, tiny, little
297 |296 |00:31:09 ~-~-> 00:31:15 |tick below that. But what happens if it runs both sides ahead of 930 like
298 |297 |00:31:15 ~-~-> 00:31:19 |saying, say, for instance, it opened here at 830 it traded down, hit the sell
299 |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
300 |299 |00:31:23 ~-~-> 00:31:28 |the range, whatever this, you know, say that that high right here, say stays
301 |300 |00:31:28 ~-~-> 00:31:33 |intact. And then we march to 930 and it doesn't make a higher high, and it
302 |301 |00:31:33 ~-~-> 00:31:37 |doesn't go below here, if it did both sides of I'm sorry I said something
303 |302 |00:31:37 ~-~-> 00:31:41 |wrong. If it would have taken sell side first. And then when I printed the buy
304 |303 |00:31:41 ~-~-> 00:31:47 |side, and the range that was defined by that stays intact all the way till 930
305 |304 |00:31:48 ~-~-> 00:31:55 |What that indicates is we have a 50, we have a 5050, chance that the market's
306 |305 |00:31:55 ~-~-> 00:32:02 |going to stay inside that range and not go down and take The low out again. But
307 |306 |00:32:02 ~-~-> 00:32:07 |what happens if it does this, it fails to take out that sell side, takes out
308 |307 |00:32:07 ~-~-> 00:32:12 |the buy side, and then doesn't rip and keep going and crushing speed going
309 |308 |00:32:12 ~-~-> 00:32:16 |higher, like if it just hangs around and creates a little bit like retracement
310 |309 |00:32:16 ~-~-> 00:32:21 |back into the first fair a gap on Thursday, because that's what this blue
311 |310 |00:32:21 ~-~-> 00:32:25 |line is here. I had to throw that little lipstick annotation on because I didn't
312 |311 |00:32:25 ~-~-> 00:32:28 |want to create anything over here because the text wouldn't show up. So I
313 |312 |00:32:28 ~-~-> 00:32:32 |had to type it in like that. So I had to make sure the recorded trade had
314 |313 |00:32:32 ~-~-> 00:32:36 |everything on the chart. So I usually don't like to annotate that way. But if
315 |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
316 |315 |00:32:42 ~-~-> 00:32:45 |means that we could flirt with trying to make an attempt to go back down here,
317 |316 |00:32:45 ~-~-> 00:32:49 |but I would expect it to fail, and then everybody would want to chase it going
318 |317 |00:32:49 ~-~-> 00:32:54 |lower. And then they would do something that's like this, after 930 going into
319 |318 |00:32:54 ~-~-> 00:33:01 |10 o'clock, 1130 and then closing somewhere in the middle of the high end
320 |319 |00:33:01 ~-~-> 00:33:08 |of the daily Fairbank app on August 13. So it gives you at least something to
321 |320 |00:33:08 ~-~-> 00:33:12 |work with, initially, to frame some kind of a narrative. And I know what I just
322 |321 |00:33:12 ~-~-> 00:33:16 |explained to you for the very, very brand new students that are coming to
323 |322 |00:33:16 ~-~-> 00:33:21 |me, it's a little advanced, but it's okay, because you're seeing the outline
324 |323 |00:33:21 ~-~-> 00:33:24 |things day after day, and when I'm talking about the higher Time Frame
325 |324 |00:33:24 ~-~-> 00:33:29 |charts where the price should reach to, what should it gravitate to over time
326 |325 |00:33:29 ~-~-> 00:33:32 |being exposed to that a lot of the questions that you have right now that
327 |326 |00:33:32 ~-~-> 00:33:35 |you think are paramount, that you can't sleep unless you figure the answers out
328 |327 |00:33:35 ~-~-> 00:33:40 |right now, I promise you, if you just write those questions down in your study
329 |328 |00:33:40 ~-~-> 00:33:45 |journal. Just relax. The days that you have those questions come up, write them
330 |329 |00:33:45 ~-~-> 00:33:48 |down and leave space for the answer, because eventually, when you get to
331 |330 |00:33:48 ~-~-> 00:33:53 |another video, do you watch by me or a live stream, I'll cover something. But
332 |331 |00:33:54 ~-~-> 00:33:58 |obviously I there so many of you that are watching. I know most of what you're
333 |332 |00:33:58 ~-~-> 00:34:01 |going to ask me anyway, and most of those things are already answered in the
334 |333 |00:34:01 ~-~-> 00:34:05 |old content that's on my YouTube channel, all the old lectures, they're
335 |334 |00:34:05 ~-~-> 00:34:10 |not stale. They don't they don't stop working because they're years old. All
336 |335 |00:34:10 ~-~-> 00:34:15 |the stuff that I taught in 1996 are still they're still happening right now,
337 |336 |00:34:15 ~-~-> 00:34:21 |and you're talking about the algorithm changing. Come on, now. So 15 minute
338 |337 |00:34:21 ~-~-> 00:34:27 |time. Time Frame Caleb is what you want to focus on. Early on, I expect Caleb to
339 |338 |00:34:27 ~-~-> 00:34:31 |have the wrong buy side and sell side annotated. It's it's normal for that to
340 |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
341 |340 |00:34:37 ~-~-> 00:34:41 |and where the right one is. That way, if you're doing similar things, you will
342 |341 |00:34:41 ~-~-> 00:34:46 |have that experience of, oh, yeah, I probably was thinking the same thing, if
343 |342 |00:34:46 ~-~-> 00:34:49 |you're even doing it at all. That's why it's important before you watch anything
344 |343 |00:34:49 ~-~-> 00:34:56 |that appears on Caleb's channel, you do it first in your own charts. Okay?
345 |344 |00:34:56 ~-~-> 00:35:01 |Because that way it's like the same experience by me. Showing you mine. I'll
346 |345 |00:35:01 ~-~-> 00:35:04 |show you what my charts look like the end of the day. This is my annotations.
347 |346 |00:35:04 ~-~-> 00:35:07 |This is how you should have your charts marked up. These are the observe
348 |347 |00:35:07 ~-~-> 00:35:12 |observations that you should have, in my opinion, based on what I believe you as
349 |348 |00:35:12 ~-~-> 00:35:16 |the audience members, specifically Caleb, my son, you should be focusing on
350 |349 |00:35:16 ~-~-> 00:35:20 |right now. It does not mean it encapsulates every possible thing that
351 |350 |00:35:20 ~-~-> 00:35:24 |I've ever taught on it just means that as a beginning basis point, like, if
352 |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
353 |352 |00:35:28 ~-~-> 00:35:33 |mentorship. And then watch what I'm doing over my son's channel for the next
354 |353 |00:35:33 ~-~-> 00:35:37 |couple weeks, it'll be primarily me talking, and then, because he's seen
355 |354 |00:35:37 ~-~-> 00:35:44 |enough examples of it, he can ask me pertinent questions that are useful
356 |355 |00:35:44 ~-~-> 00:35:50 |Otherwise, otherwise. Right now, if I sit with him and he says, Alright, Dad,
357 |356 |00:35:50 ~-~-> 00:35:54 |what about this? And what about that? They're infantile questions, and they're
358 |357 |00:35:54 ~-~-> 00:35:59 |best suited to be answered just by going through the process of me watching, you
359 |358 |00:35:59 ~-~-> 00:36:05 |know, the next couple weeks, reviewing, doing the screenshots for his journal,
360 |359 |00:36:05 ~-~-> 00:36:09 |and then he's going to try to, in his best effort, try to replicate that on
361 |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
362 |361 |00:36:13 ~-~-> 00:36:18 |my mirrors, because I'm OCD, but you are looking at those charts, what They are
363 |362 |00:36:18 ~-~-> 00:36:20 |documenting are important to you.
364 |363 |00:36:22 ~-~-> 00:36:26 |I'm watching this over here, so I'm looking at this little section of price
365 |364 |00:36:27 ~-~-> 00:36:33 |action. See how we went. We went down, up, and then now down. So there's this
366 |365 |00:36:33 ~-~-> 00:36:37 |inefficiency right here. This is the only thing that I'm watching. If it
367 |366 |00:36:37 ~-~-> 00:36:43 |really starts to make a move above that, then we'll probably be working towards a
368 |367 |00:36:43 ~-~-> 00:36:48 |deeper retracement. Post 930 right now, it's just traded right back up in the
369 |368 |00:36:48 ~-~-> 00:36:51 |middle area here. I don't think that that is a reason to stop price going
370 |369 |00:36:51 ~-~-> 00:36:55 |higher, but that's just something I'm watching as I was talking to you. So 15
371 |370 |00:36:55 ~-~-> 00:36:59 |minute time frame, there's your liquidity pools, and then you strip it
372 |371 |00:36:59 ~-~-> 00:37:07 |down from the 15 minute time frame down into a five minute and levels that would
373 |372 |00:37:08 ~-~-> 00:37:14 |be defined on this time frame, they're considered minor by side and sell side.
374 |373 |00:37:15 ~-~-> 00:37:19 |Okay, so you have primary buy side and sell side on a 15 minute time frame, and
375 |374 |00:37:19 ~-~-> 00:37:23 |that's going to give you your first parameters for framing out or fleshing
376 |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
377 |376 |00:37:30 ~-~-> 00:37:35 |like watching in other live streamers and other YouTube channels that are very
378 |377 |00:37:35 ~-~-> 00:37:38 |upfront, and they tell you what they believe, what they think, their
379 |378 |00:37:38 ~-~-> 00:37:41 |opinions, and some of them are actually executing on them. I'm thankful that
380 |379 |00:37:41 ~-~-> 00:37:46 |they're willing to do that, because they they create pools of liquidity in
381 |380 |00:37:46 ~-~-> 00:37:51 |sentiment, and it allows them when they when they get on their YouTube channel.
382 |381 |00:37:51 ~-~-> 00:37:56 |And this is not enough against any individual YouTuber. I'm focusing on
383 |382 |00:37:56 ~-~-> 00:38:01 |their audience, because that's what I'm watching. All they're doing is creating
384 |383 |00:38:01 ~-~-> 00:38:06 |another watering hole. So when I'm watching all YouTubers, it's a watering
385 |384 |00:38:06 ~-~-> 00:38:10 |hole. Animals are going to go out to that watering hole, and they're going to
386 |385 |00:38:10 ~-~-> 00:38:13 |try to get a drink, and they're either chasing what this person's doing in the
387 |386 |00:38:13 ~-~-> 00:38:17 |YouTube in their YouTube stream, which I don't ever there's nobody out there I
388 |387 |00:38:17 ~-~-> 00:38:23 |want to follow. Not one, okay, but I like watching my students, but I like
389 |388 |00:38:23 ~-~-> 00:38:28 |watching specifically a number of YouTubers that have a decent following,
390 |389 |00:38:28 ~-~-> 00:38:35 |and their animation around a particular bias for the day if they think a certain
391 |390 |00:38:35 ~-~-> 00:38:38 |level is going to be hit. And for instance, let's roll back in time. Let's
392 |391 |00:38:38 ~-~-> 00:38:43 |just say right before 830 say it wasn't Non Farm Payroll, and we weren't going
393 |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
394 |393 |00:38:47 ~-~-> 00:38:52 |buy side real time in front of you. I would have those same levels annotated
395 |394 |00:38:52 ~-~-> 00:38:55 |the same way. It just means that it's likely to take a little bit longer to
396 |395 |00:38:55 ~-~-> 00:39:01 |get to them, because it's not a Non Farm Payroll FOMC, CPI or PPI type event
397 |396 |00:39:01 ~-~-> 00:39:08 |driving price right to it. So because that resource that we have in YouTube,
398 |397 |00:39:09 ~-~-> 00:39:16 |it allows the folks to have a chat window and whatever, by watching the
399 |398 |00:39:16 ~-~-> 00:39:22 |sentiment shifting. And if I see another YouTube channel that I watch, and I
400 |399 |00:39:22 ~-~-> 00:39:28 |think that they have a very busy channel with chat. I love that, and I'm not
401 |400 |00:39:28 ~-~-> 00:39:33 |engaging in their chat, but I'm sometimes I'll throw a bone out there to
402 |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
403 |402 |00:39:37 ~-~-> 00:39:40 |anything that gives me any kind of sentiment reading, I'll make myself
404 |403 |00:39:40 ~-~-> 00:39:43 |known in the chat, and then all of a sudden, Billy, big ass, you know, balls,
405 |404 |00:39:43 ~-~-> 00:39:46 |or whatever you want to call it, guy wants to show everybody he's smart.
406 |405 |00:39:47 ~-~-> 00:39:51 |He'll say something. And then that's what I'm looking for. I want the Joker
407 |406 |00:39:51 ~-~-> 00:39:56 |to raise his head up, because as soon as he does that, somebody else is either
408 |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
409 |408 |00:39:59 ~-~-> 00:40:02 |people. People saying, Yeah, you're right. That's not right, or they'll
410 |409 |00:40:02 ~-~-> 00:40:09 |support him. That's me manipulating that chat room. Okay? I'm, I'm creating some
411 |410 |00:40:09 ~-~-> 00:40:13 |fluctuation, because I have to create disturbance. I'm, I'm act like a Judas.
412 |411 |00:40:14 ~-~-> 00:40:19 |So I want their opinion. If I see predominantly, most of the people that
413 |412 |00:40:19 ~-~-> 00:40:23 |I'm watching, sentiment wise, if they're saying they think it's going to go down,
414 |413 |00:40:23 ~-~-> 00:40:27 |and I'm already seeing things like this low went lower than that one, and this
415 |414 |00:40:27 ~-~-> 00:40:31 |one is relatively equal. See, there's this this high here didn't go above that
416 |415 |00:40:31 ~-~-> 00:40:35 |high, even though these could be framed, if you're looking at that way, that
417 |416 |00:40:35 ~-~-> 00:40:39 |would be a relative equal high. But this is high probability. Why? Because this
418 |417 |00:40:39 ~-~-> 00:40:42 |high is lower than that one. Go back to what I was teaching you in the 2024
419 |418 |00:40:42 ~-~-> 00:40:46 |contents. Four content so far. So this high over here is lower than that one.
420 |419 |00:40:47 ~-~-> 00:40:55 |But you don't have that here, do you? You have this lower and then you got
421 |420 |00:40:55 ~-~-> 00:40:59 |this one over here where it's just like it's already disturbed it it's disturbed
422 |421 |00:40:59 ~-~-> 00:41:07 |that liquidity where here it's a little bit more blocky looking, where this is a
423 |422 |00:41:07 ~-~-> 00:41:14 |wick. If this wick gets overtaken, like it does here, that means it took a real
424 |423 |00:41:14 ~-~-> 00:41:19 |run on liquidity versus like how I treat a wick, I'll break that down into
425 |424 |00:41:19 ~-~-> 00:41:23 |quadrants and, more specifically, the halfway point. If I see a wick like
426 |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,
427 |426 |00:41:26 ~-~-> 00:41:31 |but not even go below the midpoint of it. But in this leg lower, it passed
428 |427 |00:41:31 ~-~-> 00:41:36 |through that easily and spent time down there. What was it doing? It was
429 |428 |00:41:36 ~-~-> 00:41:43 |accumulating. See, you don't have those signatures up here, it's more blocky, so
430 |429 |00:41:43 ~-~-> 00:41:47 |that makes this a better candidate for a high impact or medium pack news driver,
431 |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
432 |431 |00:41:52 ~-~-> 00:41:56 |not a high impact news event, like the PPI number that comes out the CPI
433 |432 |00:41:56 ~-~-> 00:42:01 |number, if a FOMC rate announcement comes out in the afternoon, two, 230 in
434 |433 |00:42:01 ~-~-> 00:42:05 |the conference call, and then you have, like, a nonprofit payroll event here,
435 |434 |00:42:05 ~-~-> 00:42:11 |excluding them everything else. If it's on economic calendar with a medium
436 |435 |00:42:11 ~-~-> 00:42:16 |impact, I would expect that same type of thing unfolding here. It just would be a
437 |436 |00:42:16 ~-~-> 00:42:21 |gradual trading up to that level for the buy side. Does that make sense? I know
438 |437 |00:42:21 ~-~-> 00:42:27 |you can't answer me, but it's affording me the the moment where I framed where
439 |438 |00:42:27 ~-~-> 00:42:31 |liquidity is, and then I'm actually getting a dynamic sentiment reading by
440 |439 |00:42:31 ~-~-> 00:42:37 |people that have a vested interest in looking right on social media. Think
441 |440 |00:42:37 ~-~-> 00:42:42 |about that. If they're going into these chat rooms, and they're trying to voice
442 |441 |00:42:42 ~-~-> 00:42:44 |their opinion. It doesn't matter if they're right or wrong. Okay, that's
443 |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
444 |443 |00:42:48 ~-~-> 00:42:54 |there in the ether, and I want to see how much traction it gains by anyone
445 |444 |00:42:54 ~-~-> 00:42:58 |else in that chat room. That's how I'm using other youtubers streams. And if
446 |445 |00:42:58 ~-~-> 00:43:02 |they start cheerleading the idea, oh, yeah, yeah. I like that idea. But my
447 |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
448 |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
449 |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
450 |449 |00:43:13 ~-~-> 00:43:20 |looking for 660 bro. That's exactly what I'm looking for, because now I'm arm
451 |450 |00:43:20 ~-~-> 00:43:25 |wrestling them as smart money against dumb money, street money. Okay, I'm not
452 |451 |00:43:26 ~-~-> 00:43:30 |saying everybody in the everybody else's live stream is dumb money. I'm just the
453 |452 |00:43:30 ~-~-> 00:43:35 |ones that are acting that way when I'm expecting this load not to be taken and
454 |453 |00:43:35 ~-~-> 00:43:42 |this area here to be drawn to. What you have at that very moment is the purest
455 |454 |00:43:42 ~-~-> 00:43:50 |form of sentiment at a very specific time where it's diametrically opposed to
456 |455 |00:43:50 ~-~-> 00:43:52 |what the algorithm is going to do. Who do you think's going to win that?
457 |456 |00:43:55 ~-~-> 00:43:58 |Who do you think's going to win that? Right?
458 |457 |00:43:59 ~-~-> 00:44:04 |Come on. Now you know the answer. Dumb money is going to fall on the sword of
459 |458 |00:44:04 ~-~-> 00:44:10 |smart smart money. Okay? And when we can see these, these tug of wars, these,
460 |459 |00:44:10 ~-~-> 00:44:15 |these wars, if you will, between someone that's not informed. They're just
461 |460 |00:44:15 ~-~-> 00:44:20 |impulsively trying to share an opinion for the purpose of looking right, smart
462 |461 |00:44:20 ~-~-> 00:44:25 |money's not trying to be right. Smart Money is out there decapitating other
463 |462 |00:44:25 ~-~-> 00:44:30 |large entities. That's what they're doing. That's what they do. The
464 |463 |00:44:30 ~-~-> 00:44:35 |algorithm just delivers price. Smart Money engages with that algorithm, with
465 |464 |00:44:35 ~-~-> 00:44:38 |their own high frequency trading algorithms, or discretionary trading,
466 |465 |00:44:38 ~-~-> 00:44:46 |but they use the logic that I'm showing you here, so banks do not trade with
467 |466 |00:44:46 ~-~-> 00:44:52 |what I'm showing you here. There's an entity outside of that. Okay, it's
468 |467 |00:44:52 ~-~-> 00:44:56 |outside of that. They're not Goldman Sachs, because Goldman Sachs tells you
469 |468 |00:44:56 ~-~-> 00:45:00 |you can't trade in time the market. Well, they're, they're really. Up with
470 |469 |00:45:00 ~-~-> 00:45:05 |what I just did today. Two I'm doing every single day, proving where the
471 |470 |00:45:05 ~-~-> 00:45:09 |marks are going to go next. And does it look like noise to you? Does it feel
472 |471 |00:45:09 ~-~-> 00:45:13 |like you're confused as to, oh, it's too much noise going on these time frames.
473 |472 |00:45:13 ~-~-> 00:45:18 |No. It's clarity, right? And it's encouraging. It encourages you to be
474 |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,
475 |474 |00:45:23 ~-~-> 00:45:26 |man, I can do this if I apply myself. You just gotta give yourself some more
476 |475 |00:45:26 ~-~-> 00:45:30 |time and effort. So if the 15 minute time frame buy side and sell side
477 |476 |00:45:30 ~-~-> 00:45:36 |liquidity pools are defined, it gives you an initial context, and I will
478 |477 |00:45:36 ~-~-> 00:45:40 |counsel you. And the live streamers will appreciate you by watching their streams
479 |478 |00:45:40 ~-~-> 00:45:47 |too, because they'll get more views. But every big name YouTuber that follows the
480 |479 |00:45:47 ~-~-> 00:45:54 |futures market, my advice is, quietly, respectfully in anonymity, start
481 |480 |00:45:54 ~-~-> 00:45:58 |watching their chat windows, because I'm using that as the best sentiment
482 |481 |00:45:58 ~-~-> 00:46:03 |indicator, because I know what I'm looking for. Technically, I'm looking
483 |482 |00:46:03 ~-~-> 00:46:07 |for something to take place, to draw to a specific price level, to behave a
484 |483 |00:46:07 ~-~-> 00:46:11 |certain way. And I have made that known to you since we started doing this
485 |484 |00:46:11 ~-~-> 00:46:16 |mentorship. I told you every step of the way what I'm looking for. I'm using
486 |485 |00:46:16 ~-~-> 00:46:19 |higher Time Frame charts to tell you what I think narrative wise, but
487 |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
488 |487 |00:46:23 ~-~-> 00:46:29 |looking for that low on August 13, on the fair value gap, which I'll take you
489 |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
490 |489 |00:46:32 ~-~-> 00:46:39 |week, once it hits that, I'm done. I'm not personally looking for anything
491 |490 |00:46:39 ~-~-> 00:46:43 |lower. Can it go lower? Absolutely can, but I'm not going to be on that. Why?
492 |491 |00:46:43 ~-~-> 00:46:49 |Because I'm sailing into the weekend. I'm done. I let everybody else out here
493 |492 |00:46:49 ~-~-> 00:46:55 |fight on Non Farm Payroll Friday to find something to make money on when I just
494 |493 |00:46:55 ~-~-> 00:47:02 |destroyed it. Godzillas, the tonic breath, boom, gone nuclear waste now,
495 |494 |00:47:02 ~-~-> 00:47:07 |and everybody else is trying to find scraps to eat. I'm out the door. I'm
496 |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
497 |496 |00:47:13 ~-~-> 00:47:18 |walking back out to the ocean. Find myself in my Godzilla layer, right? So
498 |497 |00:47:18 ~-~-> 00:47:23 |if, and it's always some kind of movie, movie analogy. That's how my brain
499 |498 |00:47:23 ~-~-> 00:47:28 |works, man. So when we drop down from a 15 minute time frame to a five minute
500 |499 |00:47:28 ~-~-> 00:47:31 |chart, then you start seeing smaller pools of liquidity. And what would that
501 |500 |00:47:31 ~-~-> 00:47:37 |look like? Well, inside of this low, in this high, that's your range. So if we
502 |501 |00:47:37 ~-~-> 00:47:43 |think by dividing up the characteristics that the buy side liquidity pool has, in
503 |502 |00:47:43 ~-~-> 00:47:47 |contrast to what the sell side the fact that this wick was overtaken, that, to
504 |503 |00:47:47 ~-~-> 00:47:52 |me, is more indicative of this was a real stop hunt, versus this blockiness.
505 |504 |00:47:52 ~-~-> 00:47:58 |Okay, it's just real smooth compared to this. Would you agree this is a little
506 |505 |00:47:58 ~-~-> 00:48:04 |bit more jagged, more piercing, versus all of this blockiness. So this is more
507 |506 |00:48:04 ~-~-> 00:48:09 |likely to be drawn to on the basis of just the way that price printed it. Then
508 |507 |00:48:09 ~-~-> 00:48:13 |you add to it. What day of the week is it? It's Friday. What direction
509 |508 |00:48:13 ~-~-> 00:48:18 |primarily has this week been doing? Does it be going up all week because of it
510 |509 |00:48:18 ~-~-> 00:48:21 |going down all week? Clearly, it's been going down all week. We had a big old
511 |510 |00:48:21 ~-~-> 00:48:25 |Tuesday drop down. Okay, the first part of the morning, I wasn't part of that,
512 |511 |00:48:26 ~-~-> 00:48:29 |but I smashed it in the afternoon, and then you then you watched what I did
513 |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
514 |513 |00:48:33 ~-~-> 00:48:39 |catch up. I had to fill in the gaps of days where I wasn't participating in
515 |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
516 |515 |00:48:44 ~-~-> 00:48:50 |come to me as I'll indicate when we break down that trade. But you you have
517 |516 |00:48:50 ~-~-> 00:48:56 |to look at price and discern, discern when you're going to engage, when you're
518 |517 |00:48:56 ~-~-> 00:49:02 |not going to engage, and once you have that 15 minute time frame defined. This
519 |518 |00:49:02 ~-~-> 00:49:09 |is your dealing range. This is your high and this is your low. What is the daily
520 |519 |00:49:09 ~-~-> 00:49:13 |range and or specifically, what's the morning session going to do with that
521 |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
522 |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
523 |522 |00:49:22 ~-~-> 00:49:26 |run both sides first? And if it's going to run both sides, which side does it
524 |523 |00:49:26 ~-~-> 00:49:31 |run first? In this case, it ran the device side. But it stacks the odds
525 |524 |00:49:31 ~-~-> 00:49:37 |against this being a prolonged move lower for me personally, because it's
526 |525 |00:49:37 ~-~-> 00:49:42 |Friday, it's fulfilled my high time frame daily objective by going into that
527 |526 |00:49:42 ~-~-> 00:49:45 |August 13 daily low, fair value got low. And that sounds like a whole lot of
528 |527 |00:49:45 ~-~-> 00:49:49 |mumbo jumbo, but when we go back to the daily chart, you're going to see exactly
529 |528 |00:49:49 ~-~-> 00:49:52 |what I'm talking about. It's going to make perfect sense. But this isn't going
530 |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
531 |530 |00:49:55 ~-~-> 00:50:00 |the the notes from it after the 15 minute time frames the. Find where you
532 |531 |00:50:00 ~-~-> 00:50:03 |have both buy side, sell side, dropping down to a five minute chart, then you
533 |532 |00:50:03 ~-~-> 00:50:07 |can start looking at things like this, where this is a high, slightly lower
534 |533 |00:50:07 ~-~-> 00:50:11 |high, so these are relatively equal. You might not see it that way. That's what
535 |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.
536 |535 |00:50:15 ~-~-> 00:50:18 |What kind of high would that be? What kind of buy side specifically would that
537 |536 |00:50:18 ~-~-> 00:50:25 |be? A minor by side liquidity pool. So you'd annotate like this.
538 |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
539 |538 |00:50:35 ~-~-> 00:50:40 |teaching I'm not trying to save time. I'm teaching you want your brain surgeon
540 |539 |00:50:40 ~-~-> 00:50:44 |to go through the cliff notes, and then we'll be doing brain surgery on you. No,
541 |540 |00:50:44 ~-~-> 00:50:49 |thanks, bro. I'm not doing that. I want the person that went through all of it
542 |541 |00:50:49 ~-~-> 00:50:54 |the right way. So this way, it helps teach how people are to annotate,
543 |542 |00:50:55 ~-~-> 00:51:00 |because there's always new students coming in top left, and I like 14 or 16,
544 |543 |00:51:00 ~-~-> 00:51:03 |depending on what the troubles like. That's good for me. For good for them.
545 |544 |00:51:03 ~-~-> 00:51:07 |So this is a, this is a minor buy side liquidity pool, okay? And then we have,
546 |545 |00:51:07 ~-~-> 00:51:13 |again, right in here. See these, so that same thing, so we can highlight, not the
547 |546 |00:51:13 ~-~-> 00:51:17 |edge of it, the highlight the the line. Hold down Control. Drag your mouse away
548 |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
549 |548 |00:51:21 ~-~-> 00:51:29 |highs and extend that over. Okay, so you have a primary sell side liquidity pool,
550 |549 |00:51:30 ~-~-> 00:51:34 |a primary buy side liquidity pool. What makes it primary? It's a 15 minute time
551 |550 |00:51:34 ~-~-> 00:51:38 |frame dealing range, so that way it tells you what, what you are going to
552 |551 |00:51:38 ~-~-> 00:51:41 |frame your session and or daily range around initially, because you have to
553 |552 |00:51:41 ~-~-> 00:51:45 |have a starting point right. Where do I start? ICT, where do I start looking?
554 |553 |00:51:45 ~-~-> 00:51:50 |This is what you start with. Okay, but that five minute chart will break down
555 |554 |00:51:50 ~-~-> 00:51:55 |that range from this high down to that low, into smaller buy side and sell side
556 |555 |00:51:55 ~-~-> 00:52:00 |liquidity pools. So what are we seeing here, inside this range? Primarily it's
557 |556 |00:52:00 ~-~-> 00:52:07 |buy side, buy side. Okay, we have a lower run here below a wick. So that
558 |557 |00:52:07 ~-~-> 00:52:11 |means this is a little bit more jagged. It's Friday. It's been going down all
559 |558 |00:52:11 ~-~-> 00:52:15 |week. So which side is Non Farm Payroll, most likely not all the time. Not a
560 |559 |00:52:15 ~-~-> 00:52:18 |panacea, not a be all, end all. It's always going to work this way, because
561 |560 |00:52:18 ~-~-> 00:52:22 |ICT said, so is this my protocol? This is what I teach my students, that look
562 |561 |00:52:22 ~-~-> 00:52:27 |at price like this, to anticipate where the market is likely to go. I do the
563 |562 |00:52:27 ~-~-> 00:52:32 |same thing with ppi and CPI, and I sometimes, sometimes, and I'm talking
564 |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
565 |564 |00:52:38 ~-~-> 00:52:42 |numbers, initial delivery like this. So I'm trying to remind you, don't think
566 |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
567 |566 |00:52:46 ~-~-> 00:52:49 |know, the Duke's here, and I own all this stuff. Now, this is my show, this
568 |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
569 |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
570 |569 |00:52:55 ~-~-> 00:52:59 |to do it because no one knows what they're gonna do with that information.
571 |570 |00:52:59 ~-~-> 00:53:05 |That information may be technically viewed historically as a positive, but
572 |571 |00:53:05 ~-~-> 00:53:08 |they sink it aggressively lower, and then they'll make the excuse later on.
573 |572 |00:53:08 ~-~-> 00:53:11 |Well, you know, they they priced in. You should have known better. They didn't
574 |573 |00:53:11 ~-~-> 00:53:15 |have any articles saying that they were expecting that. But there's always some
575 |574 |00:53:15 ~-~-> 00:53:20 |excuse in the news feeds that it was priced in, traders priced in this. And
576 |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
577 |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.
578 |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
579 |578 |00:53:32 ~-~-> 00:53:35 |or created. I don't care about that stuff. Okay? Because they're all lies
580 |579 |00:53:35 ~-~-> 00:53:38 |anyway. Everything about those data points, every single one of them, every
581 |580 |00:53:38 ~-~-> 00:53:44 |single one of them, are all fake. They're all meant to stimulate the
582 |581 |00:53:44 ~-~-> 00:53:48 |pockets of investors and large institutions. That's what they're there
583 |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
584 |583 |00:53:53 ~-~-> 00:53:57 |some other excuse to get in here and risk more of your money. That's what it
585 |584 |00:53:57 ~-~-> 00:54:01 |is. So because I think about it like that, I don't go in with trying to
586 |585 |00:54:01 ~-~-> 00:54:04 |decipher the fundamental aspects of it, because fundamentals have left the chat
587 |586 |00:54:04 ~-~-> 00:54:10 |a long, long time ago, a long time ago. Soon as we left the 90s, fundamental
588 |587 |00:54:10 ~-~-> 00:54:17 |analysis is now a joke because there's so much lies built into it you can't
589 |588 |00:54:17 ~-~-> 00:54:21 |trust it. So it goes right back to where I started as a type of trader. The
590 |589 |00:54:21 ~-~-> 00:54:28 |chart's going to tell you everything, everything. So if we start looking at
591 |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
592 |591 |00:54:30 ~-~-> 00:54:37 |five minute chart, we can see how these are treated in the the realm of how far
593 |592 |00:54:37 ~-~-> 00:54:40 |we're going to reach back to that buy side, because we already determined that
594 |593 |00:54:40 ~-~-> 00:54:44 |that's more likely. And you heard me say that before the nonprofit number
595 |594 |00:54:44 ~-~-> 00:54:50 |releases, how we traded that first minor buy side. That's going to give you a
596 |595 |00:54:50 ~-~-> 00:54:56 |clue. Okay, it trades up to a here, and then watch what it does. Jams down.
597 |596 |00:54:56 ~-~-> 00:54:59 |What's that doing, taking out that short term low, but it is not going below that
598 |597 |00:54:59 ~-~-> 00:55:06 |low. Beer. So as soon as this candle closes there, this one here is the next
599 |598 |00:55:06 ~-~-> 00:55:10 |one that is considered. It trades above it right back down in and then rips
600 |599 |00:55:10 ~-~-> 00:55:17 |through the buy side. You cannot trade this on nonprofit payroll. Release. You
601 |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
602 |601 |00:55:22 ~-~-> 00:55:29 |is slippage? Slippage is you trying to buy it at, say, 18,008 45 and you get
603 |602 |00:55:29 ~-~-> 00:55:36 |filled at 18,008 62 or higher, and but you want to have a stop loss somewhere
604 |603 |00:55:36 ~-~-> 00:55:42 |down here, you now just were filled at a very unfavorable place, and now your
605 |604 |00:55:42 ~-~-> 00:55:47 |risk is incurred in a much larger capacity than you initially wanted to
606 |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,
607 |606 |00:55:52 ~-~-> 00:55:59 |very hard to try to be a cowboy in this individual day, and you would get
608 |607 |00:55:59 ~-~-> 00:56:03 |requoted. Requote, requote, re quote, you're buying. You're trying to buy at
609 |608 |00:56:03 ~-~-> 00:56:06 |the market. Bye bye bye bye, requ, requote, they're just keeping you from
610 |609 |00:56:06 ~-~-> 00:56:11 |getting in. That's all that is. Okay. There's a lot of people out there that
611 |610 |00:56:11 ~-~-> 00:56:15 |want to buy, but the brokers are stifling that. That's why I as soon as I
612 |611 |00:56:15 ~-~-> 00:56:22 |see somebody out there, they have 50 contracts of of gold, or us, 500 US, 100
613 |612 |00:56:22 ~-~-> 00:56:27 |okay? And they're showing they got 50 contracts or 50 lots, 50 lots, 50. And
614 |613 |00:56:27 ~-~-> 00:56:30 |they should have empty four screenshots, and they're putting it up on the screen,
615 |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
616 |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.
617 |616 |00:56:41 ~-~-> 00:56:47 |It did not happen. Okay, I promise you that did not happen. But they tricked
618 |617 |00:56:47 ~-~-> 00:56:51 |themselves by doing that because it gives them a dopamine hit and it tells
619 |618 |00:56:51 ~-~-> 00:56:54 |them subconsciously think about what should go you probably done this stuff
620 |619 |00:56:55 ~-~-> 00:57:00 |showing social media what you did, right, gambling without real money
621 |620 |00:57:00 ~-~-> 00:57:04 |behind it and no logic behind it. You want this the feeling of someone looking
622 |621 |00:57:04 ~-~-> 00:57:08 |up to you. So what are you doing? Subconsciously, you're you're saying
623 |622 |00:57:09 ~-~-> 00:57:13 |you're a scammer, you're a fraud. But I feel good about doing it, because the
624 |623 |00:57:13 ~-~-> 00:57:17 |social media response that's given me, given to me because I I lay them
625 |624 |00:57:17 ~-~-> 00:57:21 |breadcrumbs out there. What are they going to do? They're going to fluff you
626 |625 |00:57:21 ~-~-> 00:57:24 |up, and that's going to keep you from doing what the work of actually learning
627 |626 |00:57:24 ~-~-> 00:57:29 |how to do this. It's far more easier for other people to entertain themselves,
628 |627 |00:57:29 ~-~-> 00:57:32 |because they know deep down inside they're not really trying to learn how
629 |628 |00:57:32 ~-~-> 00:57:35 |to do this. They're not here to learn. Not all of you listening are here to
630 |629 |00:57:35 ~-~-> 00:57:38 |learn. You hear something. You want to hear something so you can go into social
631 |630 |00:57:38 ~-~-> 00:57:41 |media and talk about it and troll and be funny, but you're still going to work
632 |631 |00:57:41 ~-~-> 00:57:44 |next Monday. You're going there. Okay, maybe you're working throughout the
633 |632 |00:57:44 ~-~-> 00:57:48 |weekend with your second job. You gotta do what you gotta do, but I'm trying to
634 |633 |00:57:48 ~-~-> 00:57:52 |teach you how to avoid having to do that. Even if you don't like me, you
635 |634 |00:57:52 ~-~-> 00:57:56 |don't have to like me, but to sit down and take notes, because the things that
636 |635 |00:57:56 ~-~-> 00:58:00 |I'm teaching are going to help you formulate an idea of how to attack price
637 |636 |00:58:00 ~-~-> 00:58:05 |action and how to avoid certain instances where everybody else is going
638 |637 |00:58:05 ~-~-> 00:58:09 |to rush they want to rush in here and capture these types of moves. I don't
639 |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.
640 |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
641 |640 |00:58:19 ~-~-> 00:58:24 |extreme level high and extreme level low, and be content with that. And that
642 |641 |00:58:24 ~-~-> 00:58:28 |could, that could have been my entire trade for the entire week, and never
643 |642 |00:58:28 ~-~-> 00:58:32 |done anything else. And that's how I was trading. When I was trading Forex, I
644 |643 |00:58:32 ~-~-> 00:58:35 |would look for those types of setups. I wasn't in there trying to do every
645 |644 |00:58:35 ~-~-> 00:58:39 |little 15 minute movement. I didn't I don't care about that. You can do that.
646 |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
647 |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
648 |647 |00:58:47 ~-~-> 00:58:53 |the largest magnitude of the move on side that I'm trading on, and it's very
649 |648 |00:58:53 ~-~-> 00:58:57 |forgiving, because that means, if I'm using precision elements to get me into
650 |649 |00:58:57 ~-~-> 00:59:03 |a trade, and I'm trading at the highest level, where this move can start trading
651 |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.
652 |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
653 |652 |00:59:16 ~-~-> 00:59:21 |trade, my stomach would be in a knot. I was in constant anxiety, constant
654 |653 |00:59:21 ~-~-> 00:59:26 |stress, heart rate, crazy high like blood pressure. I'm sure it was off the
655 |654 |00:59:26 ~-~-> 00:59:29 |chart, but I wasn't looking at those, those biometrics back then. I was just
656 |655 |00:59:29 ~-~-> 00:59:33 |wanting just to survive the trade, let alone make money. I just want to
657 |656 |00:59:33 ~-~-> 00:59:36 |survive. Can I just be in this trade a little bit longer than the last one?
658 |657 |00:59:36 ~-~-> 00:59:40 |That's how it was when I was 20 years old, and you probably had that same
659 |658 |00:59:40 ~-~-> 00:59:44 |feeling right now, but what changes over time is, as you start figuring out what
660 |659 |00:59:44 ~-~-> 00:59:48 |is the better setups, and you're going to see that these better setups, they're
661 |660 |00:59:48 ~-~-> 00:59:54 |not an everyday setup. They're not an everyday circumstance. There's one or
662 |661 |00:59:54 ~-~-> 01:00:01 |two, maybe, maybe three a week, and I'm talking very few times you. Where a one
663 |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,
664 |663 |01:00:07 ~-~-> 01:00:08 |the video just posted,
665 |664 |01:00:09 ~-~-> 01:00:15 |one shot one kill. That's a sniper e euphemism. It means they don't have a
666 |665 |01:00:15 ~-~-> 01:00:19 |whole bag of bullets when they're out in the field. They have a very low amount
667 |666 |01:00:19 ~-~-> 01:00:24 |of ammunition on them, because they have to crawl around a lot. They got to carry
668 |667 |01:00:24 ~-~-> 01:00:29 |everything with them, and they're out there to take very surgical strikes. And
669 |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
670 |669 |01:00:33 ~-~-> 01:00:37 |just start spraying everything and say, Okay, what fell? What did I get? Let's
671 |670 |01:00:37 ~-~-> 01:00:41 |go see who I hit. That's not how you want to trade. But everybody does that.
672 |671 |01:00:42 ~-~-> 01:00:45 |Everybody that starts out does that. The first time you go on tilt, that's
673 |672 |01:00:45 ~-~-> 01:00:50 |exactly what you're doing. You put down your rifle and you say, You know what? I
674 |673 |01:00:50 ~-~-> 01:00:56 |need my AK for this, and that's it. You just emptied your magazine. And you may
675 |674 |01:00:56 ~-~-> 01:00:59 |not have hit anything, but you wasted everything that's in your magazine. They
676 |675 |01:00:59 ~-~-> 01:01:03 |have no more ammunition, it's going and now you're defenseless, and then the
677 |676 |01:01:03 ~-~-> 01:01:08 |market rolls over top you well, snipers mentality is he or she goes out into the
678 |677 |01:01:08 ~-~-> 01:01:12 |field, and that's the week of the trading. And you're looking for these
679 |678 |01:01:12 ~-~-> 01:01:18 |very specific conditions where the mark that is your setup in price action, the
680 |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,
681 |680 |01:01:22 ~-~-> 01:01:26 |that's your premium rate. That's your little fair value gap. That's your
682 |681 |01:01:26 ~-~-> 01:01:31 |little scope. You don't care what's going on. You don't care about everybody
683 |682 |01:01:31 ~-~-> 01:01:36 |else walking around. You're there to take out that one individual target, and
684 |683 |01:01:36 ~-~-> 01:01:41 |that target is when price steps into that fair value gap. As soon as that
685 |684 |01:01:41 ~-~-> 01:01:45 |price hits the consequence or starts to approach it, it's in your crosshairs,
686 |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
687 |686 |01:01:48 ~-~-> 01:01:50 |deep breath, exhale,
688 |687 |01:01:56 ~-~-> 01:02:00 |then you stop. You don't inhale. You leave your lungs empty. Why do you
689 |688 |01:02:00 ~-~-> 01:02:04 |snipers? And why do shooters do that? Because you're not moving around in a
690 |689 |01:02:04 ~-~-> 01:02:10 |small little movement in your scope is a whole lot of movement downrange. So
691 |690 |01:02:10 ~-~-> 01:02:13 |you're exhaling, you're relaxing, you're not talking while you're entering the
692 |691 |01:02:13 ~-~-> 01:02:24 |trade. Exhale, deep, pause when price enters that fair value gap, you fire
693 |692 |01:02:25 ~-~-> 01:02:31 |your stock gets placed below the imbalance candle, if it's a bullish fair
694 |693 |01:02:31 ~-~-> 01:02:34 |value gap, or above the high of the imbalance candle, if it's a bearish fair
695 |694 |01:02:34 ~-~-> 01:02:40 |value gap, then you relax. You don't do anything. You don't want to do anything
696 |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
697 |696 |01:02:43 ~-~-> 01:02:47 |bought a sniper. Does not announce where they're at. They take one shot and they
698 |697 |01:02:47 ~-~-> 01:02:50 |sit still because they don't want the enemy to get a vector on where they're
699 |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
700 |699 |01:02:55 ~-~-> 01:03:00 |do your $100,000 trade in front of me. And do what let them come for me.
701 |700 |01:03:00 ~-~-> 01:03:02 |Because that's exactly what I do. Everybody would be doing the same thing.
702 |701 |01:03:02 ~-~-> 01:03:07 |Doing the same thing I'm doing now. Everybody wants to do please, let me
703 |702 |01:03:07 ~-~-> 01:03:12 |copy your traits. My question is this, if I was to do this, okay, CEOs of all
704 |703 |01:03:12 ~-~-> 01:03:16 |the funded account companies, listen, this is for you. Okay, every single one
705 |704 |01:03:16 ~-~-> 01:03:19 |of you funded account company. CEOs. Michael patak, I don't know the other
706 |705 |01:03:19 ~-~-> 01:03:27 |guys. What? If I created a lottery system where I took 10 individuals that
707 |706 |01:03:27 ~-~-> 01:03:32 |added in an anonymous setting, because you're not going to see me ever going to
708 |707 |01:03:32 ~-~-> 01:03:35 |a funded account company, you'll never get my socials, you'll never get my
709 |708 |01:03:35 ~-~-> 01:03:38 |stuff like that. It's never going to happen like I would never allow that to
710 |709 |01:03:38 ~-~-> 01:03:44 |happen. But what happens if I created a secret lottery where 10 people get to
711 |710 |01:03:45 ~-~-> 01:03:50 |trade copy a demo account that I'm running and they're copying 20 accounts.
712 |711 |01:03:50 ~-~-> 01:03:54 |How much time do you think that your firm would be able to weather that?
713 |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
714 |713 |01:04:02 ~-~-> 01:04:09 |that's $20 million a week drained. What happens if I did that with 50 lucky
715 |714 |01:04:09 ~-~-> 01:04:13 |contestants free of charge, not charging anything. What do you think would happen
716 |715 |01:04:13 ~-~-> 01:04:16 |to the funded account, prop firm, company, we think about that model.
717 |716 |01:04:16 ~-~-> 01:04:19 |Think it would hold up to something like that.
718 |717 |01:04:20 ~-~-> 01:04:23 |You really, you really want me to do that. You would have watched me burn
719 |718 |01:04:23 ~-~-> 01:04:27 |them all down. Is that what you really want me to do? Come on now.
720 |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
721 |720 |01:04:33 ~-~-> 01:04:39 |smack all the time. You CEOs on Twitter. Oh, but this guy, this guy, this guy can
722 |721 |01:04:39 ~-~-> 01:04:43 |burn your whole shit down. You don't even know where I'm coming from. You
723 |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
724 |723 |01:04:48 ~-~-> 01:04:53 |getting shut down. No one's gonna do business with you. So stop trolling me.
725 |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
726 |725 |01:04:59 ~-~-> 01:05:04 |gonna. You anything but trouble. Everybody sending me an email and please
727 |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
728 |727 |01:05:08 ~-~-> 01:05:11 |ticket. He's, he's gotta train. He's gonna, he's gonna let people trade. I
729 |728 |01:05:11 ~-~-> 01:05:14 |would never do that. I'm saying facetiously. Think about it like think
730 |729 |01:05:14 ~-~-> 01:05:18 |about that. I got people in my chat window all the time. We're not showing
731 |730 |01:05:18 ~-~-> 01:05:22 |them a chat section or comment section saying you can't trade this way, you
732 |731 |01:05:22 ~-~-> 01:05:25 |can't do this, you can't do that. I literally gave you the game plan this
733 |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
734 |733 |01:05:31 ~-~-> 01:05:34 |because I'm making up for yesterday's not having a live stream, and I got new
735 |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
736 |735 |01:05:38 ~-~-> 01:05:44 |I mentioned over here earlier, right here, and then we have these relative
737 |736 |01:05:44 ~-~-> 01:05:50 |equal highs here. So that would be, we'll borrow this one and just change it
738 |737 |01:05:51 ~-~-> 01:06:02 |the name and logo, yeah. Can you imagine 20 contracts with XYZ, funded account
739 |738 |01:06:02 ~-~-> 01:06:08 |company, all linked together. That's, that's $2 million and you're telling me,
740 |739 |01:06:08 ~-~-> 01:06:11 |let me ask you a question. Okay, I want to make sure I understand this
741 |740 |01:06:11 ~-~-> 01:06:20 |correctly. Okay, however, I was to drive it, whether I was using a proxy someone
742 |741 |01:06:20 ~-~-> 01:06:24 |else, you know, they're trading it, but they're copying me. Technically. What
743 |742 |01:06:24 ~-~-> 01:06:28 |you're saying to me, if I understand this correctly, is I could theoretically
744 |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
745 |744 |01:06:36 ~-~-> 01:06:43 |single week anyway, and it's not causing me any kind of extra work, but the
746 |745 |01:06:43 ~-~-> 01:06:48 |person that has the 20 accounts linked together, and I'm doing trades with
747 |746 |01:06:48 ~-~-> 01:06:59 |$100,000 or I'm clearing 25 to $30,000 per trade. That's just one session.
748 |747 |01:07:00 ~-~-> 01:07:03 |That's not me trading the london session, the morning session in New
749 |748 |01:07:03 ~-~-> 01:07:06 |York. That's not me trading London clothes. That's not me trading the
750 |749 |01:07:06 ~-~-> 01:07:10 |London lunch. That's not me trading the afternoon lunch in New York. That's not
751 |750 |01:07:10 ~-~-> 01:07:14 |me trading the afternoon session and pm session. That's not me just trading the
752 |751 |01:07:14 ~-~-> 01:07:19 |last trading hour. That's not me trading Asia. Just to throw a little bit more
753 |752 |01:07:19 ~-~-> 01:07:25 |spice in it, you're telling me that I could literally go out there and drain
754 |753 |01:07:25 ~-~-> 01:07:32 |these prop firms for eight to ten million every 10 days, every 10 days,
755 |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
756 |755 |01:07:40 ~-~-> 01:07:44 |genuinely if I understand that correct, if you're, if that's what you're telling
757 |756 |01:07:44 ~-~-> 01:07:48 |me, if that's what you're telling me, that I could do theoretically, because I
758 |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
759 |758 |01:07:54 ~-~-> 01:08:03 |theoretically allow someone else to copy and account that I'm driving. You won't
760 |759 |01:08:03 ~-~-> 01:08:09 |know it's me, but this person, whoever that might be, could be a cousin, could
761 |760 |01:08:09 ~-~-> 01:08:14 |be a high school friend of mine. Could be anyone of you listening. They could
762 |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
763 |762 |01:08:20 ~-~-> 01:08:24 |10 days, I can make someone a multi millionaire. Is that what you're telling
764 |763 |01:08:26 ~-~-> 01:08:31 |me? Leave a comment in section if I have that figured out the correct way. If
765 |764 |01:08:31 ~-~-> 01:08:38 |that's what you're telling me, I absolutely are inviting any CEO of a
766 |765 |01:08:38 ~-~-> 01:08:42 |prop firm to email me a inner circle trader@gmail.com because I want you to
767 |766 |01:08:42 ~-~-> 01:08:47 |confirm what I just said, if that's what my understanding is, if it's correct, oh
768 |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
769 |768 |01:08:53 ~-~-> 01:08:57 |one month. I can make I can make a multi millionaire. And that's that tax
770 |769 |01:08:57 ~-~-> 01:09:02 |treatment is way better than trading with live funds. It's not the same. It
771 |770 |01:09:02 ~-~-> 01:09:10 |is not the same. So, oh, okay, okay, ICP has entered the chat with Prop firm
772 |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
773 |772 |01:09:14 ~-~-> 01:09:17 |going to give you my social I'm not going to give you all those things like
774 |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
775 |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
776 |775 |01:09:26 ~-~-> 01:09:30 |want anything for it. I don't want nothing for it. I just want to sit back
777 |776 |01:09:30 ~-~-> 01:09:33 |and watch
778 |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
779 |778 |01:09:46 ~-~-> 01:09:51 |gonna burn. It's so delicious.
780 |779 |01:09:54 ~-~-> 01:10:00 |Can you tell Misty yesterday? Can you tell Yeah, me, Ken, but anyway, you. See
781 |780 |01:10:02 ~-~-> 01:10:05 |proper engine like all right, look, we got to start looking for anybody that's
782 |781 |01:10:05 ~-~-> 01:10:09 |trading 15 contracts start with six. If they start with six contracts and they
783 |782 |01:10:09 ~-~-> 01:10:14 |go in four, ban them. We got to keep anything from everything's gotta just
784 |783 |01:10:14 ~-~-> 01:10:19 |keep them from getting their payout. Disconnect. Disrupt, disrupt their
785 |784 |01:10:21 ~-~-> 01:10:24 |connection. ICT, you broke everything. You're a jerk. That's what would you
786 |785 |01:10:24 ~-~-> 01:10:26 |that's all you would all say that.
787 |786 |01:10:31 ~-~-> 01:10:34 |One of them's call me right now. Come on, right now. You killed my business.
788 |787 |01:10:35 ~-~-> 01:10:41 |Don't call me when I'm live streaming. So anyway, we're a couple minutes away
789 |788 |01:10:41 ~-~-> 01:10:46 |from the opening let's watch the first couple minutes of the opening bell, and
790 |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
791 |790 |01:10:51 ~-~-> 01:11:02 |weekend. Please. ICT let me be the one. All right, so what we have, and again,
792 |791 |01:11:02 ~-~-> 01:11:05 |this is what I was saying to you many times before. And it's repetitive, I
793 |792 |01:11:05 ~-~-> 01:11:11 |know, but I don't personally like to have these things on my chart, because
794 |793 |01:11:11 ~-~-> 01:11:15 |this is the busiest my charts have ever looked and it's because I have to show
795 |794 |01:11:15 ~-~-> 01:11:21 |you as as students, what I have written down on my notepad. For instance, when I
796 |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.
797 |796 |01:11:31 ~-~-> 01:11:36 |This is my notepad, just a simple little yellow notepad. You can buy them from.
798 |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
799 |798 |01:11:43 ~-~-> 01:11:49 |they're about the five by nine, something like that. And I simply just
800 |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
801 |800 |01:11:53 ~-~-> 01:11:58 |the previous day's low, and then I layer every level that's pertinent to that
802 |801 |01:11:58 ~-~-> 01:12:04 |range and just below it or just above it, and I have it in raw numerical
803 |802 |01:12:04 ~-~-> 01:12:10 |format, just like that. But as soon as I mentioned this here, I'm scribbling in
804 |803 |01:12:10 ~-~-> 01:12:17 |my observations on that level, what time frame I noticed it on, okay? And then
805 |804 |01:12:17 ~-~-> 01:12:21 |what I'm constantly doing is I'm looking at price over here. I'm watching this
806 |805 |01:12:21 ~-~-> 01:12:27 |over here, this raw number more than I'm watching the chart over here. The chart
807 |806 |01:12:27 ~-~-> 01:12:31 |is the language that you're learning from me talking about what price should
808 |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
809 |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
810 |809 |01:12:42 ~-~-> 01:12:46 |know how to articulate that in a way where it's going to be understandable.
811 |810 |01:12:47 ~-~-> 01:12:51 |But that's essentially what I'm doing when I'm looking at price action. I'm
812 |811 |01:12:51 ~-~-> 01:12:57 |showing you things that form in in price around the same time, around the same
813 |812 |01:12:57 ~-~-> 01:13:05 |price, that these other things occur algorithmically. So when they agree you
814 |813 |01:13:05 ~-~-> 01:13:09 |should arrive at that assumption about what price should do, or how it should
815 |814 |01:13:09 ~-~-> 01:13:13 |behave, or how how you should observe it at that moment or any given time frame.
816 |815 |01:13:13 ~-~-> 01:13:21 |Okay, so that's the that's the exchange of information in the language that I
817 |816 |01:13:21 ~-~-> 01:13:26 |use by doing so I'm more concerned about what price is doing at what time and
818 |817 |01:13:26 ~-~-> 01:13:30 |every time, it's fluctuating up and down in relationship to these raw numbers in
819 |818 |01:13:30 ~-~-> 01:13:35 |this same price axis. I don't need any of this stuff over here. This just
820 |819 |01:13:35 ~-~-> 01:13:38 |affords me a way to communicate and talk to you that way you can see things that
821 |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.
822 |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
823 |822 |01:13:47 ~-~-> 01:13:53 |gate, but that's something that is reasonable. And then you have this
824 |823 |01:13:53 ~-~-> 01:13:58 |inefficiency down here where the constant encroachment of that August 13
825 |824 |01:13:59 ~-~-> 01:14:03 |daily fair value got, which we're going to look at in just two or three more
826 |825 |01:14:03 ~-~-> 01:14:10 |minutes. Man, I bet your social media is buzzing right now. ICT is going to let
827 |826 |01:14:10 ~-~-> 01:14:13 |other people copy his account and then they're going to sell that. They're
828 |827 |01:14:15 ~-~-> 01:14:19 |going to have a business for two three weeks. Okay, I'm selling seats. Okay,
829 |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
830 |829 |01:14:25 ~-~-> 01:14:32 |anybody. It'll be in my email box immediately. Are you looking? I'm
831 |830 |01:14:32 ~-~-> 01:14:39 |looking to mark this guy. Okay, he's doing this. He's doing it right. Oh,
832 |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
833 |832 |01:14:47 ~-~-> 01:14:51 |bottle of water. So sorry, Daniel, I've used it by the poolside the other day,
834 |833 |01:14:51 ~-~-> 01:14:58 |though, the he sent me a yeti mug in the mail because he hears you bitch about
835 |834 |01:14:58 ~-~-> 01:15:03 |how it's crackling. But. Bottle of water always makes a sound in my recordings,
836 |835 |01:15:03 ~-~-> 01:15:06 |alright. So anyway, we went through the business of picking out why that buy
837 |836 |01:15:06 ~-~-> 01:15:10 |side is here, and we've opened up and let's look at the opening range,
838 |837 |01:15:10 ~-~-> 01:15:19 |alright, so we have a little bit of an opening range gap still here. Let's
839 |838 |01:15:19 ~-~-> 01:15:22 |borrow that in my network. So pretty good, doesn't it? That's convenient.
840 |839 |01:15:23 ~-~-> 01:15:29 |Let's put it right on the close. So we're showing the previous close, and
841 |840 |01:15:29 ~-~-> 01:15:34 |that's not actually right. Let's go until one minute chart. Sorry. The
842 |841 |01:15:34 ~-~-> 01:15:40 |anchor on your one minute chart and your opening price on your first print at 930
843 |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
844 |843 |01:15:47 ~-~-> 01:15:50 |get up in here. Wait from the open, but left this little portion open here.
845 |844 |01:15:51 ~-~-> 01:15:59 |Watch this low. And we're back inside of, I think it's September 4. First,
846 |845 |01:15:59 ~-~-> 01:16:02 |there you go. Where's that third? I can't remember. Now I took the
847 |846 |01:16:02 ~-~-> 01:16:12 |annotation off. The annotation ours. So we're inside this little, tiny
848 |847 |01:16:12 ~-~-> 01:16:21 |inefficiency here, and previous settlements up here,
849 |848 |01:16:34 ~-~-> 01:16:41 |these flash days are so much fun. Should Have Been doing it sooner. ICT, no, I
850 |849 |01:16:41 ~-~-> 01:16:47 |would never get anything done. All right, so I can take this one off. We
851 |850 |01:16:47 ~-~-> 01:16:56 |don't need that anymore. We don't need this anymore. Side anymore. We don't
852 |851 |01:16:56 ~-~-> 01:17:01 |need the miners anymore. Here, actually, we do. I didn't drop down to it when I
853 |852 |01:17:01 ~-~-> 01:17:07 |was talking about the minor five minute Buy, Sell liquidity pool. And sell, sell
854 |853 |01:17:07 ~-~-> 01:17:11 |liquidity pools. You can see how when we drop down to the one minute time frame,
855 |854 |01:17:11 ~-~-> 01:17:17 |which is, I like using the one minute because it's very, very detail oriented.
856 |855 |01:17:17 ~-~-> 01:17:23 |Okay, think about like, remember when? Remember when Bob Ross, the afro, white
857 |856 |01:17:23 ~-~-> 01:17:28 |guy that would do his oval painting and whatnot, he would talk to you real
858 |857 |01:17:28 ~-~-> 01:17:33 |mellow, put you to sleep, be like you're ADA edible, and you're just chilling out
859 |858 |01:17:33 ~-~-> 01:17:40 |watching this guy paint well, you're looking at this this time frame, your
860 |859 |01:17:40 ~-~-> 01:17:44 |15, your daily chart is like a paint roller, okay? It's applying a lot of
861 |860 |01:17:44 ~-~-> 01:17:52 |paint, lot of price action. Your 15 inch time frame is like your your two and a
862 |861 |01:17:52 ~-~-> 01:17:58 |half inch, or two inch paint brush. It's, it's not as wide as a paint
863 |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
864 |863 |01:18:07 ~-~-> 01:18:12 |your five minute chart, and then you have that really small, detail oriented
865 |864 |01:18:12 ~-~-> 01:18:17 |paint brush for the one minute real, really fine little etching here, little
866 |865 |01:18:17 ~-~-> 01:18:21 |line work here in your painting. That's what the one minute chart does. It
867 |866 |01:18:21 ~-~-> 01:18:25 |affords you to get down to the nooks and crannies of the fine details of price
868 |867 |01:18:25 ~-~-> 01:18:29 |delivery. So if I'm looking at that same level here that was arrived at on the
869 |868 |01:18:29 ~-~-> 01:18:33 |five minute chart with these relative equal highs when price ran through that,
870 |869 |01:18:33 ~-~-> 01:18:37 |let's look at it in contrast on the five minute chart real quick. Here it goes.
871 |870 |01:18:37 ~-~-> 01:18:43 |It. It rips through it one single time. On that one candle right there. You see
872 |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
873 |872 |01:18:48 ~-~-> 01:18:53 |much in this one single candlestick, unless you're watching the fluctuations
874 |873 |01:18:53 ~-~-> 01:18:56 |of price over here, which is what I'm primarily doing when I'm watching price
875 |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
876 |875 |01:19:03 ~-~-> 01:19:08 |trying to describe to you, what I'm doing that is me having more insight
877 |876 |01:19:08 ~-~-> 01:19:12 |than you have, and I'm not going to teach all that you are properly learning
878 |877 |01:19:12 ~-~-> 01:19:16 |how to do this by watching what price is doing, because there are times, as I
879 |878 |01:19:16 ~-~-> 01:19:21 |indicated, many times before, where prices is using my PD arrays, and if you
880 |879 |01:19:21 ~-~-> 01:19:26 |have a biases, what was your bearish you're going to have the next best thing
881 |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
882 |881 |01:19:31 ~-~-> 01:19:34 |say it than than just that. Okay, my students are making money with it.
883 |882 |01:19:34 ~-~-> 01:19:37 |They're learning how to do it consistently. If they're not trading
884 |883 |01:19:37 ~-~-> 01:19:40 |with real money yet or funded account companies that has been now getting
885 |884 |01:19:40 ~-~-> 01:19:43 |profits out of it. They're all graduating in their understanding of
886 |885 |01:19:43 ~-~-> 01:19:47 |being able to read this stuff real time, and it's based on the stuff I'm
887 |886 |01:19:47 ~-~-> 01:19:50 |teaching. But this five minute candlestick only has this one single
888 |887 |01:19:50 ~-~-> 01:19:55 |range here, when it crosses above that, that level here. But watch what happens
889 |888 |01:19:55 ~-~-> 01:20:03 |when you go back into a one minute chart. You. This candlestick does that
890 |889 |01:20:03 ~-~-> 01:20:06 |business of wicking around. But look what happens next. We open, we trade
891 |890 |01:20:06 ~-~-> 01:20:18 |right back down to that buy side level, over here, right in here, using it,
892 |891 |01:20:19 ~-~-> 01:20:25 |using it, and then comes back to the order block right there. Now you are not
893 |892 |01:20:27 ~-~-> 01:20:32 |You're not going to get that fill right there, because they may not have opened
894 |893 |01:20:32 ~-~-> 01:20:36 |up trading for you on your broker's firm. I have experienced this before. I
895 |894 |01:20:36 ~-~-> 01:20:41 |experienced it when I was trading Forex. I experienced it with fxcm. I
896 |895 |01:20:41 ~-~-> 01:20:46 |experienced it with. Well, I'm not going to sit here and name brokers, because
897 |896 |01:20:46 ~-~-> 01:20:50 |it's going to sound like advertising, but fxcm is trash, to say, in case
898 |897 |01:20:50 ~-~-> 01:20:53 |you're wondering if that's a good brokerage trash, fxcm was trash. I
899 |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.
900 |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
901 |900 |01:21:03 ~-~-> 01:21:09 |fills. Now this was like 20, like 20 minutes after Non Farm Payroll releases,
902 |901 |01:21:09 ~-~-> 01:21:11 |and you see it trade back down, something like that. Then, yeah, you can
903 |902 |01:21:11 ~-~-> 01:21:15 |get, you can get filled. Plus the tick towards this opening price here, plus
904 |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
905 |904 |01:21:18 ~-~-> 01:21:21 |not going to get filled on Non Farm Payroll the first three minutes or so,
906 |905 |01:21:21 ~-~-> 01:21:24 |just expect that it ain't going to happen. So what that does is it
907 |906 |01:21:24 ~-~-> 01:21:29 |completely removes the necessity for you to feel like you've got to be a part of
908 |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
909 |908 |01:21:35 ~-~-> 01:21:39 |telling us, what's what's price trying to indicate to us, it defended
910 |909 |01:21:39 ~-~-> 01:21:44 |initially, what the sell side. It's more likely it's going to draw up into take
911 |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
912 |911 |01:21:51 ~-~-> 01:21:56 |taste, I wouldn't want to take a short reaching for the sell side on that 15
913 |912 |01:21:56 ~-~-> 01:22:06 |minute time frame, allergies are kicking in. So below these lows here, that sell
914 |913 |01:22:06 ~-~-> 01:22:09 |side hasn't been engaged yet. I'm personally, I'm not interested in taking
915 |914 |01:22:09 ~-~-> 01:22:14 |that trade, because what I had set up for as a downside objective was already
916 |915 |01:22:14 ~-~-> 01:22:19 |arrived at. You saw me execute on that. So when that daily fear bank got low was
917 |916 |01:22:19 ~-~-> 01:22:24 |traded to I'm no longer interested in being a participant in this weekly
918 |917 |01:22:24 ~-~-> 01:22:31 |candle. I'm done. Mike, it expired for me. I'll miss moves if it keeps going
919 |918 |01:22:31 ~-~-> 01:22:37 |lower, that's okay. I look, look, if you aren't content with finding setups that
920 |919 |01:22:37 ~-~-> 01:22:43 |could yield you 100,000 in one entry. You're never going to be satisfied. You
921 |920 |01:22:43 ~-~-> 01:22:47 |got to be satisfied with getting five handles in the s, p, consistently. You
922 |921 |01:22:48 ~-~-> 01:22:53 |got to be content with getting 10 to 15 handles in the NASDAQ consistently. You
923 |922 |01:22:53 ~-~-> 01:22:57 |have to start there. If you can't start there and bloom where you're planted,
924 |923 |01:22:57 ~-~-> 01:23:01 |you're never going to make these big, sizable gains that you're trying to make
925 |924 |01:23:01 ~-~-> 01:23:04 |or aspire to, you have to have very small, little modular goals in the
926 |925 |01:23:04 ~-~-> 01:23:09 |beginning. And that's good to have that very, very small, humbling beginnings.
927 |926 |01:23:09 ~-~-> 01:23:12 |If you want to have a humble beginning, when you start this, if you start off
928 |927 |01:23:12 ~-~-> 01:23:15 |right out the gate with you know, everything's got to be a dopamine hit.
929 |928 |01:23:16 ~-~-> 01:23:20 |You're increasing the difficulty level beyond all measure, like you can't even
930 |929 |01:23:20 ~-~-> 01:23:24 |imagine how hard it's going to be for you until you start realizing it doing
931 |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
932 |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
933 |932 |01:23:40 ~-~-> 01:23:46 |running the risk of getting rid of all annotations. So let's do it like this.
934 |933 |01:23:46 ~-~-> 01:23:54 |Let's go scorched earth. Okay, so we are looking at price action negative. I
935 |934 |01:23:54 ~-~-> 01:24:04 |mean, not naked, naked. And if we look at this indicator is just this right
936 |935 |01:24:04 ~-~-> 01:24:15 |here. Thank you again, flux, but the daily chart, let's go to a daily chart
937 |936 |01:24:16 ~-~-> 01:24:22 |and we'll flesh out. ICT got lucky with apparently I was running recordings on
938 |937 |01:24:23 ~-~-> 01:24:28 |15 different laptops, which I don't own. 15 laptops I'm recording multiple
939 |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
940 |939 |01:24:33 ~-~-> 01:24:44 |impressive, alright, so if you recall what I outlined on the daily chart for
941 |940 |01:24:44 ~-~-> 01:24:49 |NQ last week, and going into this week, you'll see that in the live streams.
942 |941 |01:24:50 ~-~-> 01:24:58 |You'll see that also in the markups in the screenshots that I was teaching
943 |942 |01:24:58 ~-~-> 01:25:03 |Caleb to do if you watch it. His channel. His channel is at official
944 |943 |01:25:04 ~-~-> 01:25:08 |Caleb Huddleston, all together, make sure you're spelling it correctly,
945 |944 |01:25:08 ~-~-> 01:25:13 |because there's people out there using lowercase letters and uppercase letters
946 |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
947 |946 |01:25:17 ~-~-> 01:25:20 |followers as of right now. But again, the easiest way to do it is go on my
948 |947 |01:25:20 ~-~-> 01:25:24 |community tab on my YouTube channel, and you'll see me actually linking and
949 |948 |01:25:24 ~-~-> 01:25:31 |posting the videos that are being hosted on his channel. Okay? And I'll flesh
950 |949 |01:25:31 ~-~-> 01:25:38 |this out real quick for you again so you can see it. I mentioned how we were
951 |950 |01:25:42 ~-~-> 01:25:47 |likely to trade down into this fair value gap for the week that that's what
952 |951 |01:25:47 ~-~-> 01:25:53 |I wanted to see happen this week. Okay, so because we have that do it this way,
953 |952 |01:25:54 ~-~-> 01:25:58 |you want to annotate that level, because it's going to give you your price level
954 |953 |01:25:58 ~-~-> 01:26:04 |over here on the price axis, and we will do it like this.
955 |954 |01:26:05 ~-~-> 01:26:08 |And then the same thing. Hold down, control, drag it up, and you can get
956 |955 |01:26:08 ~-~-> 01:26:14 |that so that way, we're highlighting this candlestick on August 14,
957 |956 |01:26:14 ~-~-> 01:26:22 |Wednesday, 2024 that candles low and the high on candlestick of August, 12 to
958 |957 |01:26:22 ~-~-> 01:26:27 |Monday, so that high and this candle is low, and this one single candle, see
959 |958 |01:26:27 ~-~-> 01:26:33 |this right here, that little fluctuation between this candle high and that
960 |959 |01:26:33 ~-~-> 01:26:38 |following candles low, that area right there, that is a fair value gap. It's a
961 |960 |01:26:38 ~-~-> 01:26:43 |buy side imbalance, sell side inefficiency. That means for the market
962 |961 |01:26:43 ~-~-> 01:26:51 |to efficiently deliver fair value pricing. It's one of those textbooks
963 |962 |01:26:51 ~-~-> 01:26:57 |definitions, right Hannah, this buy side, about sell side and efficiency is
964 |963 |01:26:57 ~-~-> 01:27:04 |lacking. What efficient delivery on the downside, that means sell side delivery.
965 |964 |01:27:04 ~-~-> 01:27:11 |Okay? So for every range that goes up, inefficient delivery model is the price
966 |965 |01:27:11 ~-~-> 01:27:15 |has to be offered going back down the same range. That's what a fair value gap
967 |966 |01:27:15 ~-~-> 01:27:18 |is. Okay? Anybody tells you anything other than that? They're literally
968 |967 |01:27:18 ~-~-> 01:27:21 |making stuff up. They have no idea what they're talking about. They're certainly
969 |968 |01:27:21 ~-~-> 01:27:24 |not going to execute like you're seeing me. Execute like you're seeing me
970 |969 |01:27:24 ~-~-> 01:27:27 |execute or define it beforehand. They'll always talk about it after ozario, fair
971 |970 |01:27:27 ~-~-> 01:27:32 |value gap. This one here was outlined to you in advance, and I told you that I
972 |971 |01:27:32 ~-~-> 01:27:36 |was looking for that as a downside objective this week. Notice what goes on
973 |972 |01:27:37 ~-~-> 01:27:42 |beyond that. Candlesticks high to the left. Look. Look over to the left. Do
974 |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
975 |974 |01:27:47 ~-~-> 01:27:53 |volume imbalance down here. So let's play devil's advocate for a second. If
976 |975 |01:27:53 ~-~-> 01:27:57 |price wants to go lower, maybe it goes lower today, I won't be on board with
977 |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
978 |977 |01:28:01 ~-~-> 01:28:06 |love live streaming for that reason, because it is what it is what I said. I
979 |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
980 |979 |01:28:10 ~-~-> 01:28:15 |hours of recorded session to get it down to a time limit, so that way it's
981 |980 |01:28:15 ~-~-> 01:28:24 |palatable. I'm not going to try to take any more trades today. I'm going to
982 |981 |01:28:24 ~-~-> 01:28:29 |relax. I'm going to do things and run a house. This volume imbalance would be
983 |982 |01:28:29 ~-~-> 01:28:34 |the next draw on liquidity that goes below the consequent crochet of this
984 |983 |01:28:34 ~-~-> 01:28:38 |wick. So you would define the range like this. I mean, I
985 |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,
986 |985 |01:28:49 ~-~-> 01:28:54 |we're up here. Half of that wick, that's consequent crushment. Look how close we
987 |986 |01:28:54 ~-~-> 01:29:01 |got to it. The volume imbalance down here is the next one.
988 |987 |01:29:10 ~-~-> 01:29:17 |I started with my allergies yesterday and all this laughing, the it's stirred
989 |988 |01:29:17 ~-~-> 01:29:23 |up even more, so I'm a little congested, but then you have this wick, you would
990 |989 |01:29:23 ~-~-> 01:29:27 |do the same thing, and that basically lays inside this volume of balance. And
991 |990 |01:29:27 ~-~-> 01:29:31 |then the same thing here, and the same thing with these wicks, all these
992 |991 |01:29:31 ~-~-> 01:29:35 |discount wicks, you want to annotate those. Those are levels that I'm going
993 |992 |01:29:35 ~-~-> 01:29:41 |to have on my notepad. Should we get below this on a closing basis, this
994 |993 |01:29:41 ~-~-> 01:29:49 |being this candlesticks high, which forms this fair Vega. So as we start to
995 |994 |01:29:49 ~-~-> 01:29:55 |trade down, this is a lot of balanced price range. What makes it balanced
996 |995 |01:29:55 ~-~-> 01:30:00 |price range? It's offering sell side delivery. It means any move. It like
997 |996 |01:30:00 ~-~-> 01:30:04 |when it drops like this. This is sell side delivery. This candlesticks closed
998 |997 |01:30:04 ~-~-> 01:30:09 |up is buy side delivery. It just simply means that the market has gone up or
999 |998 |01:30:09 ~-~-> 01:30:16 |down. It's going up to go into inefficiencies above market price, or
1000 |999 |01:30:16 ~-~-> 01:30:21 |it's going up to take out buy side liquidity. That means buy stops or
1001 |1000 |01:30:21 ~-~-> 01:30:26 |trigger pending orders to buy on a stop for a new position, or to trigger buy
1002 |1001 |01:30:26 ~-~-> 01:30:31 |stops that are protecting, hypothetically, any short position, it
1003 |1002 |01:30:31 ~-~-> 01:30:36 |drops to go down to an inefficiency below market price. It's like a Fairbank
1004 |1003 |01:30:36 ~-~-> 01:30:42 |or something like that, or opening range got something to that degree, or it goes
1005 |1004 |01:30:42 ~-~-> 01:30:49 |below old lows for sell stops, either that puts a trader in short on a
1006 |1005 |01:30:49 ~-~-> 01:30:54 |breakout going lower, or it protects long positions. Hypothetically, okay, so
1007 |1006 |01:30:54 ~-~-> 01:30:58 |that's the only two mechanisms that causes price to go up or down. There's
1008 |1007 |01:30:58 ~-~-> 01:31:03 |nothing else. There's literally nothing else that's going on. When they reprice
1009 |1008 |01:31:03 ~-~-> 01:31:07 |manual intervention, they're still taking it to price levels that I just
1010 |1009 |01:31:07 ~-~-> 01:31:11 |defined, but just doing to do it farther outside the extreme normal range.
1011 |1010 |01:31:12 ~-~-> 01:31:14 |They're doing it quicker like that. And you'll, many times, get a chance to
1012 |1011 |01:31:14 ~-~-> 01:31:18 |participate in those types of move. And that's okay. You don't need them. You
1013 |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
1014 |1013 |01:31:23 ~-~-> 01:31:27 |demystified everything again. For you, price only goes up for inefficiencies or
1015 |1014 |01:31:27 ~-~-> 01:31:32 |vacillating coding, or it goes down for inefficiencies or for sell stops. That's
1016 |1015 |01:31:32 ~-~-> 01:31:36 |it. There's no other reason for us to go up and down the buying and selling
1017 |1016 |01:31:36 ~-~-> 01:31:44 |pressure. Okay, very interesting study. For those that are really trying to
1018 |1017 |01:31:44 ~-~-> 01:31:48 |debunk the algorithm, okay, there is no algorithm. I'm out here to refute the
1019 |1018 |01:31:48 ~-~-> 01:31:59 |ICT. Clean, okay, do a real in depth study on the volume, how many contracts
1020 |1019 |01:31:59 ~-~-> 01:32:08 |it took for price to move. Every single intraday price move the largest one in
1021 |1020 |01:32:08 ~-~-> 01:32:13 |the session, like in the morning, do it in the afternoon, okay? And see how many
1022 |1021 |01:32:13 ~-~-> 01:32:19 |handles prices traverse. To do that, as soon as you start seeing how much it
1023 |1022 |01:32:19 ~-~-> 01:32:23 |will move. And there's this wide disparity amount how many contracts it
1024 |1023 |01:32:23 ~-~-> 01:32:27 |takes. When I was being interviewed by corps, he's the only one I ever sat down
1025 |1024 |01:32:27 ~-~-> 01:32:32 |there face to face with the the question I asked him was, you know, how many, how
1026 |1025 |01:32:32 ~-~-> 01:32:38 |many contracts does it take to cause price to go up? Which is one? Right?
1027 |1026 |01:32:38 ~-~-> 01:32:50 |Right? What happens when price has a goal, it's being inspired, let's say
1028 |1027 |01:32:50 ~-~-> 01:32:57 |that way to get to a particular price level. It will skip. It'll create these
1029 |1028 |01:32:57 ~-~-> 01:33:03 |little these little gaps. Okay, and these gaps are what we are targeting,
1030 |1029 |01:33:04 ~-~-> 01:33:08 |these little inefficiencies. Because if you're aiming for like, this week, I'm
1031 |1030 |01:33:08 ~-~-> 01:33:14 |gonna take all this stuff off. Just know that we have a lot of things to factor
1032 |1031 |01:33:14 ~-~-> 01:33:18 |in here. If we go lower, it's going to be potentially spotty, because then we
1033 |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
1034 |1033 |01:33:22 ~-~-> 01:33:26 |through all this mess in here. We have volume imbalances like this. Is a mess
1035 |1034 |01:33:26 ~-~-> 01:33:31 |like this is a lot of sloppy stuff in here. The cleanest price delivery was
1036 |1035 |01:33:31 ~-~-> 01:33:36 |moving from here down into this inefficiency. That's why I said this is
1037 |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,
1038 |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
1039 |1038 |01:33:47 ~-~-> 01:33:52 |then what has happened is to expecting lower prices, I'm going to have to
1040 |1039 |01:33:52 ~-~-> 01:33:56 |weather through all these questionable levels. Can it go down here and smash
1041 |1040 |01:33:56 ~-~-> 01:34:02 |right through it? Absolutely you can. Is it likely to do that? No. So am I
1042 |1041 |01:34:02 ~-~-> 01:34:05 |trading with high probability if I'm holding on to my short, if I would have
1043 |1042 |01:34:05 ~-~-> 01:34:09 |held onto my short, I would have been nervous with the Non Farm Payroll
1044 |1043 |01:34:09 ~-~-> 01:34:14 |release. I would have been nervous after 930 opening, because I have all these
1045 |1044 |01:34:14 ~-~-> 01:34:17 |other factors to start weighing out, Okay, should I hold on my trade? Should
1046 |1045 |01:34:17 ~-~-> 01:34:23 |I not versus I know what I was looking for in the commentary, in the analysis
1047 |1046 |01:34:23 ~-~-> 01:34:27 |for this week, we were already eyeballing this. Okay, the low end of
1048 |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
1049 |1048 |01:34:34 ~-~-> 01:34:39 |that, knowing that because it's Friday, it's not from payroll, it's going to be
1050 |1049 |01:34:39 ~-~-> 01:34:44 |probably a little bit more animated in it may color outside the lines and go
1051 |1050 |01:34:44 ~-~-> 01:34:48 |just below that that can stick high. So that was me finessing. You can see me in
1052 |1051 |01:34:48 ~-~-> 01:34:52 |the video adjusting my limit order because I want to make sure I get the
1053 |1052 |01:34:52 ~-~-> 01:34:58 |best best factoring the spread, okay, my original profit objective would have
1054 |1053 |01:34:58 ~-~-> 01:35:03 |made me a couple $100 more. Work, but I wanted to make sure that the spread
1055 |1054 |01:35:04 ~-~-> 01:35:08 |touching this candle sticks high when it trees down here, I want to be executed.
1056 |1055 |01:35:08 ~-~-> 01:35:13 |I want to get those 14 contracts off. So if there's 14 contracts get peeled off,
1057 |1056 |01:35:14 ~-~-> 01:35:18 |I have to have a price level with that limit order to cover that short position
1058 |1057 |01:35:19 ~-~-> 01:35:25 |that will afford me the opportunity to see 14 contracts clear. Just because it
1059 |1058 |01:35:25 ~-~-> 01:35:29 |touches this level down here doesn't mean like, say, say, for instance, say,
1060 |1059 |01:35:29 ~-~-> 01:35:33 |you to a point where you're trading with 100 contracts. You have 100 cars on this
1061 |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
1062 |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
1063 |1062 |01:35:47 ~-~-> 01:35:51 |you. There isn't enough buyers on the other side, at that price, at that given
1064 |1063 |01:35:51 ~-~-> 01:35:56 |instant that they're going to pair you with. Boom, there it is. It's done. So
1065 |1064 |01:35:56 ~-~-> 01:36:00 |you don't get those exits, and then if it starts to retrace against you, like
1066 |1065 |01:36:00 ~-~-> 01:36:05 |we've seen this morning, that's a little disenchanting. It's not fun. I don't
1067 |1066 |01:36:05 ~-~-> 01:36:10 |like those types of instances. So there are times where it demands a little bit
1068 |1067 |01:36:10 ~-~-> 01:36:18 |more humble exits. You have to be willing to say, Okay, I believe it's
1069 |1068 |01:36:18 ~-~-> 01:36:22 |going to touch this candlesticks high as it's dropping down, but I want to make
1070 |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
1071 |1070 |01:36:28 ~-~-> 01:36:32 |funded account challenge, or my funded account, or my Live account, or whatever
1072 |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
1073 |1072 |01:36:37 ~-~-> 01:36:41 |touching the level is not enough. But what you want to start doing is building
1074 |1073 |01:36:41 ~-~-> 01:36:48 |in this this mindset where you will expect that level of precision, but you
1075 |1074 |01:36:48 ~-~-> 01:36:54 |don't need that level of precision to be extremely profitable with your exits.
1076 |1075 |01:36:54 ~-~-> 01:36:58 |You know, I'm saying so. In other words, say whatever that price is. In this
1077 |1076 |01:36:58 ~-~-> 01:37:05 |case, it's the high that candle. Watch this up here, upper left hand corner,
1078 |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,
1079 |1078 |01:37:18 ~-~-> 01:37:23 |that's not precise. That's not precision. Why? You're telling me that
1080 |1079 |01:37:23 ~-~-> 01:37:28 |if you were short and you had an open unrealized profit of, say, 50 handles?
1081 |1080 |01:37:28 ~-~-> 01:37:40 |Okay, not like what I did, three, almost 360 handles. How about that? 18,007 70
1082 |1081 |01:37:41 ~-~-> 01:37:46 |again, watch that price here. You're not getting 765, and a quarter with your
1083 |1082 |01:37:46 ~-~-> 01:37:51 |exit, not while you're trying to groom yourself into seeing these things pan
1084 |1083 |01:37:51 ~-~-> 01:37:57 |out consistently. You want to be able to afford yourself and exit. So you expect
1085 |1084 |01:37:57 ~-~-> 01:38:00 |to touch that level with price. And that's your moral victory. That's your
1086 |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
1087 |1086 |01:38:04 ~-~-> 01:38:09 |excited. I was so stoked to see price trade down to that level. It was amazing
1088 |1087 |01:38:09 ~-~-> 01:38:13 |to see it drop down there and hit that perfectly. And you note the time, and
1089 |1088 |01:38:13 ~-~-> 01:38:17 |you put little screenshot, and you say, this is this is what it feels like for
1090 |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
1091 |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
1092 |1091 |01:38:28 ~-~-> 01:38:33 |precision. So in this case, instead of getting 18,007 65 and a quarter as your
1093 |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
1094 |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
1095 |1094 |01:38:48 ~-~-> 01:38:54 |dead on its delivery at the 765 and a quarter. How many contracts are going to
1096 |1095 |01:38:54 ~-~-> 01:39:00 |be traded at that price with one tick variance, right? So if you went into it
1097 |1096 |01:39:00 ~-~-> 01:39:09 |with the 18,007 70 level on here it is.
1098 |1097 |01:39:16 ~-~-> 01:39:21 |See, this is your price that you're trying to get. Like you can't even
1099 |1098 |01:39:21 ~-~-> 01:39:28 |barely see it, right? It's not much of a difference. And you're going to argue,
1100 |1099 |01:39:28 ~-~-> 01:39:37 |say that's not precise enough. Come on, you have to, you have to trade with the
1101 |1100 |01:39:37 ~-~-> 01:39:41 |the expectation that you're trying to get filled to so it's a management of
1102 |1101 |01:39:41 ~-~-> 01:39:46 |all these concerns and expectations, but your expectation for precision and
1103 |1102 |01:39:46 ~-~-> 01:39:52 |perfection that needs to be relegated to your journal. Cheerlead yourself there,
1104 |1103 |01:39:52 ~-~-> 01:39:58 |but in your trading, you have to afford yourself a common sense exit strategy.
1105 |1104 |01:39:58 ~-~-> 01:40:02 |Okay, it's a low hanging. Fruit threshold where you're not demanding
1106 |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
1107 |1106 |01:40:07 ~-~-> 01:40:13 |some amazing exits, and I've missed out on some amazing like, like the top tick
1108 |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
1109 |1108 |01:40:20 ~-~-> 01:40:27 |denied me. It's it's exciting, it's exhilarating seeing it happen like that.
1110 |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
1111 |1110 |01:40:32 ~-~-> 01:40:37 |great that I had it dialed in, but I didn't execute properly. So I have to
1112 |1111 |01:40:37 ~-~-> 01:40:41 |keep myself grounded with my ego and say, You're good kid, but you're not
1113 |1112 |01:40:41 ~-~-> 01:40:46 |that good. So and allow yourself to operate in the market with your orders
1114 |1113 |01:40:47 ~-~-> 01:40:50 |that will afford you the luxuries of getting in and getting out. You're going
1115 |1114 |01:40:50 ~-~-> 01:40:55 |to have a whole lot more liquidity from 770 down to 765, and a quarter. There's
1116 |1115 |01:40:55 ~-~-> 01:41:00 |lots of prices in between. There lots of individual tick fluctuations, and every
1117 |1116 |01:41:00 ~-~-> 01:41:04 |one little, minor little fluctuation is an opportunity for an exchange and
1118 |1117 |01:41:04 ~-~-> 01:41:09 |pairing of orders for buyers and sellers to meet. And you want to afford yourself
1119 |1118 |01:41:09 ~-~-> 01:41:15 |an ample supply of that when you're trying to exit and just yield yourself
1120 |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,
1121 |1120 |01:41:19 ~-~-> 01:41:23 |but I don't need that. Hopefully, that makes sense. I've answered a dozen of
1122 |1121 |01:41:23 ~-~-> 01:41:26 |individuals that left comments around struggling with exits and how to pick
1123 |1122 |01:41:26 ~-~-> 01:41:29 |the right price and all that, because they're trying to impress me, and
1124 |1123 |01:41:29 ~-~-> 01:41:33 |they're trying to impress themselves, knowing where it's going to go to with
1125 |1124 |01:41:33 ~-~-> 01:41:38 |the perfection that is just for you to feel good. That's not how you're going
1126 |1125 |01:41:38 ~-~-> 01:41:41 |to execute. If you try to do that, you're going to miss entries, you're
1127 |1126 |01:41:41 ~-~-> 01:41:45 |going to miss exits, and or hold on to them, because you want them to hit that
1128 |1127 |01:41:45 ~-~-> 01:41:51 |level with your exit. And then the price could be returning against you, and you
1129 |1128 |01:41:51 ~-~-> 01:41:56 |are more fixed on the outcome being perfect, versus recognizing that you're
1130 |1129 |01:41:56 ~-~-> 01:41:59 |in a trade. Now that's turned around on you and you you've married the vein.
1131 |1130 |01:41:59 ~-~-> 01:42:04 |Okay? Gold miners used to have the expression so and so's married the vein.
1132 |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
1133 |1132 |01:42:10 ~-~-> 01:42:13 |no more gold there. But because he's found one little nugget there, he's
1134 |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.
1135 |1134 |01:42:16 ~-~-> 01:42:21 |So he spends his time constantly digging and panhandling through there getting
1136 |1135 |01:42:21 ~-~-> 01:42:26 |nothing but wasted time. So you can do that with your winning trades. You can
1137 |1136 |01:42:26 ~-~-> 01:42:32 |turn a really good trade into something that's immune dog mess, really. So we're
1138 |1137 |01:42:32 ~-~-> 01:42:41 |below. I just want to put these on here before I leave this timeframe. I
1139 |1138 |01:43:00 ~-~-> 01:43:07 |I hope what I'm saying is encouraging and not discouraging you, then I know
1140 |1139 |01:43:07 ~-~-> 01:43:16 |sometimes you want to be like a an X man, and remember, Deadpool wasn't an X
1141 |1140 |01:43:16 ~-~-> 01:43:25 |man, spirit animal. So anyway, that's, that's the levels I I'm using going
1142 |1141 |01:43:25 ~-~-> 01:43:30 |forward. So we'll keep those in mind. But this fair value gap is what I was
1143 |1142 |01:43:30 ~-~-> 01:43:33 |mentioning this week. Is that was all I was looking for, me personally as the
1144 |1143 |01:43:33 ~-~-> 01:43:38 |trader ICT, I'm not, I'm not interested needing it to go lower that can. It
1145 |1144 |01:43:38 ~-~-> 01:43:42 |absolutely can. But I don't personally need that. So where do I want to engage?
1146 |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
1147 |1146 |01:43:47 ~-~-> 01:43:53 |I frame a short in a market that has had this big, colossal slide down where I
1148 |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
1149 |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
1150 |1149 |01:44:02 ~-~-> 01:44:10 |going to elect the morning session trade without me, and at 1:30pm that means the
1151 |1150 |01:44:10 ~-~-> 01:44:16 |month the not the London, the New York hour lunch, which is technically two
1152 |1151 |01:44:16 ~-~-> 01:44:23 |hours, 1130 to 130 in that time frame. That is when the lunch macro whatever
1153 |1152 |01:44:23 ~-~-> 01:44:27 |has happened in the morning session. During those two hours, there's always
1154 |1153 |01:44:27 ~-~-> 01:44:31 |some kind of retracement against whatever's already happened in the
1155 |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
1156 |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
1157 |1156 |01:44:40 ~-~-> 01:44:44 |been going lower in price. They trail the stop losses lower to lock in their
1158 |1157 |01:44:44 ~-~-> 01:44:49 |profits during 1130 to 130 they're very, very specific times. Don't take my word
1159 |1158 |01:44:49 ~-~-> 01:44:52 |for it. I want you to go back and every single time you log intraday price
1160 |1159 |01:44:52 ~-~-> 01:44:58 |action, make a vertical line at 1130 and a vertical line at 130 and then watch
1161 |1160 |01:44:58 ~-~-> 01:45:03 |what price is doing in those two. Hours. It does it so frequently that that could
1162 |1161 |01:45:03 ~-~-> 01:45:06 |be your model, that that could be your thing, like you don't even trade. Don't
1163 |1162 |01:45:06 ~-~-> 01:45:10 |even worry about trading. Open. Who cares about that? Whatever somebody's
1164 |1163 |01:45:10 ~-~-> 01:45:13 |been doing, they were smart. They did something right? They were they were
1165 |1164 |01:45:13 ~-~-> 01:45:16 |long in the initial run of the move, or they were short initial run of the move
1166 |1165 |01:45:17 ~-~-> 01:45:23 |during that 1130 to 1230 I'm sorry, 1130 to 1:30pm eastern stand time. That means
1167 |1166 |01:45:23 ~-~-> 01:45:28 |always have your time on trading view set to New York. If you're using your
1168 |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
1169 |1168 |01:45:32 ~-~-> 01:45:35 |care where you live. I don't care you're not following what the algorithm is
1170 |1169 |01:45:35 ~-~-> 01:45:38 |going to do. You're not following the logic I'm teaching with, and you're not
1171 |1170 |01:45:38 ~-~-> 01:45:42 |going to be successful because you're doing things wrong. Okay, so you have to
1172 |1171 |01:45:42 ~-~-> 01:45:48 |always have your chart set to New York local time, and at 1130 and 130 that
1173 |1172 |01:45:48 ~-~-> 01:45:53 |defines your lunch macro time. But at the end of that, at 1:30pm Eastern
1174 |1173 |01:45:53 ~-~-> 01:45:59 |Standard Time, that starts the afternoon session. So that's your first 30 minutes
1175 |1174 |01:45:59 ~-~-> 01:46:04 |leading up to two o'clock. In that first 30 minutes, you're going to see fair
1176 |1175 |01:46:04 ~-~-> 01:46:11 |value gaps form. You're going to see other PD don't think that my fair value
1177 |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
1178 |1177 |01:46:16 ~-~-> 01:46:20 |trick pony. Every single one of my PD arrays exist in that same element too.
1179 |1178 |01:46:21 ~-~-> 01:46:28 |Remember, I'm just teaching one principle, one little component, breaker
1180 |1179 |01:46:28 ~-~-> 01:46:35 |blocks, vacuum blocks, propulsion blocks, institutional order, flow,
1181 |1180 |01:46:35 ~-~-> 01:46:43 |entry, drill technically is still kind of fair. Back again, every PD array is
1182 |1181 |01:46:43 ~-~-> 01:46:49 |in there, volume and balance. If it forms the first one, it's the same
1183 |1182 |01:46:49 ~-~-> 01:46:57 |premise. Oh, explosion of opportunities just came in. Didn't see you think it's
1184 |1183 |01:46:57 ~-~-> 01:47:01 |just a one trick pony around here, honey. Listen to me, I have an arsenal.
1185 |1184 |01:47:02 ~-~-> 01:47:07 |I have stuff nobody's seen before, but you are selling yourself short, thinking
1186 |1185 |01:47:07 ~-~-> 01:47:11 |that you don't have enough already, like you have more than you would ever need.
1187 |1186 |01:47:12 ~-~-> 01:47:15 |I don't, never need to do anything else ever again. Talking about none of this,
1188 |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
1189 |1188 |01:47:20 ~-~-> 01:47:24 |love I love sharing. I love sharing. I love my wife more. Her name means
1190 |1189 |01:47:24 ~-~-> 01:47:31 |Sharon, but I love sharing. And I love the feedback that I get when people are
1191 |1190 |01:47:31 ~-~-> 01:47:35 |like, wow, I use this. I went right out there and I saw in price action, and
1192 |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
1193 |1192 |01:47:38 ~-~-> 01:47:41 |don't want you doing. And this is what I'm seeing in the comment section.
1194 |1193 |01:47:41 ~-~-> 01:47:44 |There's one individual that's saying, I individual that's saying, I I hurt
1195 |1194 |01:47:44 ~-~-> 01:47:49 |myself, I made $1,500 and then I lost $1,000 in the next day. And please
1196 |1195 |01:47:49 ~-~-> 01:47:53 |encourage me every video. I'm encouraging you. I'm encouraging all of
1197 |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
1198 |1197 |01:48:00 ~-~-> 01:48:05 |mean this. If you're taking what I'm teaching in a lecture that given day or
1199 |1198 |01:48:05 ~-~-> 01:48:08 |the very next day, and you're trying to go out there and trade with it, with
1200 |1199 |01:48:08 ~-~-> 01:48:11 |your real money, with your funded account challenge or your funded
1201 |1200 |01:48:11 ~-~-> 01:48:18 |account, you are doing it wrong. I know that the tendencies for you to want to
1202 |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
1203 |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
1204 |1203 |01:48:27 ~-~-> 01:48:35 |want you incorporated for life. Y, o, u incorporate you the enterprise this,
1205 |1204 |01:48:35 ~-~-> 01:48:43 |this conglomerate that you're building. You as a success story. I want you to be
1206 |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
1207 |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.
1208 |1207 |01:48:55 ~-~-> 01:48:58 |That's it. You don't need anybody else. You need to plug in anybody else. You
1209 |1208 |01:48:58 ~-~-> 01:49:03 |need other kind of resources. You are capable of doing everything by yourself.
1210 |1209 |01:49:03 ~-~-> 01:49:08 |Once you learn this stuff, no one can take it from you, and they can't. They
1211 |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
1212 |1211 |01:49:12 ~-~-> 01:49:20 |showing nobody just you, but stop trying to go out there and try to use it right
1213 |1212 |01:49:20 ~-~-> 01:49:24 |away. You haven't spent enough time listen. We've we just started doing
1214 |1213 |01:49:24 ~-~-> 01:49:28 |mentorship. It's only been a month, and some of you think that that's, well,
1215 |1214 |01:49:28 ~-~-> 01:49:31 |you're too long in it now, man, I should already be out there trading with it.
1216 |1215 |01:49:31 ~-~-> 01:49:36 |That's a moronic perspective. That's dollar menu mentorship, mentor advice.
1217 |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
1218 |1217 |01:49:40 ~-~-> 01:49:45 |telling you, do the opposite, sit still. You shouldn't need to be taking any
1219 |1218 |01:49:45 ~-~-> 01:49:50 |trades with real money this year, this year. That's the reality. And if you
1220 |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
1221 |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
1222 |1221 |01:49:59 ~-~-> 01:50:03 |try to. Use this and I lost money. Can you tell me what I did wrong? You
1223 |1222 |01:50:03 ~-~-> 01:50:08 |started using it before you understood how to use it, just like I did when I
1224 |1223 |01:50:08 ~-~-> 01:50:14 |bought my ZX 14 in 2008 that was the fastest motorcycle, fastest one. I've
1225 |1224 |01:50:14 ~-~-> 01:50:19 |never owned a motorcycle before. Midlife crisis. I'm 35 years old. Hey, you know
1226 |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
1227 |1226 |01:50:24 ~-~-> 01:50:29 |don't need anything else, but you know what I need? I need a rocket. So I
1228 |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
1229 |1228 |01:50:38 ~-~-> 01:50:43 |should have died, and now my body hurts every single day because I did something
1230 |1229 |01:50:43 ~-~-> 01:50:49 |impulsively, recklessly, buying and operating something that I didn't have.
1231 |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
1232 |1231 |01:50:52 ~-~-> 01:50:55 |this information yet with real money, with real risk, you don't have that
1233 |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,
1234 |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
1235 |1234 |01:51:08 ~-~-> 01:51:13 |responsible. I won't drive it fast. Deep down inside, I couldn't wait to go 200
1236 |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
1237 |1236 |01:51:18 ~-~-> 01:51:25 |155 miles an hour on Pulaski highway in front of Oak Grove liquors, going north
1238 |1237 |01:51:26 ~-~-> 01:51:31 |to Aberdeen area, going that direction away from the city, basically in
1239 |1238 |01:51:31 ~-~-> 01:51:36 |Baltimore. 155 mile an hour in an area where there's multiple intersections,
1240 |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
1241 |1240 |01:51:40 ~-~-> 01:51:43 |Mustang that was encouraging me, and that was Satan. I knew that was he was
1242 |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
1243 |1242 |01:51:46 ~-~-> 01:51:48 |a sudden, reality hit me.
1244 |1243 |01:51:50 ~-~-> 01:51:56 |I started feeling like my stop loss is about to get ran. And my body started
1245 |1244 |01:51:56 ~-~-> 01:52:01 |shaking. And I realized that if this guy was suicidal or nuts, and he slams his
1246 |1245 |01:52:01 ~-~-> 01:52:06 |brakes and brakes checks me, I'm dead. And then that wasn't enough. They're
1247 |1246 |01:52:06 ~-~-> 01:52:09 |doing construction down the road in front of me, and all the cones that are
1248 |1247 |01:52:09 ~-~-> 01:52:13 |lowering us over into the left hand lane, all this is happening instantly.
1249 |1248 |01:52:13 ~-~-> 01:52:18 |I'm getting all this rush of information inside of a window of visibility of five
1250 |1249 |01:52:18 ~-~-> 01:52:22 |inches. If you ever been over 100 and some mile an hour on a motorcycle, you
1251 |1250 |01:52:22 ~-~-> 01:52:27 |get this tunnel vision, and it's exciting. It's exhilarating, but you can
1252 |1251 |01:52:27 ~-~-> 01:52:31 |only see about five inches in diameter if you hold your hands out in front of
1253 |1252 |01:52:31 ~-~-> 01:52:34 |you and connect your thumb tips together and your index fingers and try to make
1254 |1253 |01:52:34 ~-~-> 01:52:39 |that in like a perfect circle at your arm's length. That's all you see when
1255 |1254 |01:52:39 ~-~-> 01:52:42 |you're going real fast on a motorcycle. Everything else is like, warp speed blur
1256 |1255 |01:52:42 ~-~-> 01:52:46 |and it's weird. Like, you can watch these guys on YouTube and they're going
1257 |1256 |01:52:46 ~-~-> 01:52:50 |real fast and you see everything. It's like, wow, this is great. That's what I
1258 |1257 |01:52:50 ~-~-> 01:52:52 |did. But it's all together, something different. The first time you
1259 |1258 |01:52:52 ~-~-> 01:52:58 |experienced that warp speed tunnel vision, it is scary. Like, it's very,
1260 |1259 |01:52:58 ~-~-> 01:53:01 |very scary. And the only thing I could see in that little, tiny, little
1261 |1260 |01:53:01 ~-~-> 01:53:05 |diameter, was this young boy looking in the rearview mirror, giving me the hang
1262 |1261 |01:53:05 ~-~-> 01:53:09 |loose, shaking his thumb and pinky at me, like, yeah, yeah, yeah, go, go, go.
1263 |1262 |01:53:11 ~-~-> 01:53:16 |And I started panicking. I literally had a panic attack on the motorcycle. I was
1264 |1263 |01:53:16 ~-~-> 01:53:19 |literally gripping this thing. I pulled a groin muscle nearly just trying to
1265 |1264 |01:53:19 ~-~-> 01:53:22 |keep myself holding on to this motorcycle, but I didn't want to look
1266 |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
1267 |1266 |01:53:25 ~-~-> 01:53:33 |doing, but I was scared to death, and I started realizing I'm so fast you just
1268 |1267 |01:53:33 ~-~-> 01:53:37 |can't stop a motorcycle, like you have to learn how to navigate around things,
1269 |1268 |01:53:37 ~-~-> 01:53:40 |because stopping is not always the best solution, because you just can't stop.
1270 |1269 |01:53:40 ~-~-> 01:53:45 |You don't have enough weight to bring you to a stop. So all these things came
1271 |1270 |01:53:45 ~-~-> 01:53:48 |up into my mind, and you're probably thinking, What's this got to do with
1272 |1271 |01:53:48 ~-~-> 01:53:52 |trading? It has everything to do with what you're doing wrong. I should have
1273 |1272 |01:53:52 ~-~-> 01:53:55 |never been in that situation. Three months, I'm sorry, three weeks after
1274 |1273 |01:53:55 ~-~-> 01:54:02 |buying the ZX 14 ninja Kawasaki Ninja in 2008 three weeks after buying my first
1275 |1274 |01:54:02 ~-~-> 01:54:09 |motorcycle, I'm at 155 miles an hour, ready to become a statistic, stupidly
1276 |1275 |01:54:11 ~-~-> 01:54:16 |chasing after something that was all wrong. What was I doing there? I was
1277 |1276 |01:54:16 ~-~-> 01:54:20 |looking at an influencer on the road, just like you're watching influencers
1278 |1277 |01:54:20 ~-~-> 01:54:24 |like me and other people on the internet. Wow, that Mustang boy thinks
1279 |1278 |01:54:24 ~-~-> 01:54:30 |he's fast. Watch this. I'm gonna go smoke him. I'm doing everything for the
1280 |1279 |01:54:30 ~-~-> 01:54:35 |wrong reasons, and I'm opening myself for risk. He's not at risk. He's inside
1281 |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
1282 |1281 |01:54:39 ~-~-> 01:54:45 |do, and I'm literally one front wheel with away from his bumper, staring at
1283 |1282 |01:54:45 ~-~-> 01:54:53 |him in his rear view mirror, through his back window. With no skill. I have zero
1284 |1283 |01:54:53 ~-~-> 01:55:01 |skill, none at the time, none. Thank God he. Struck me with fear, because I was
1285 |1284 |01:55:01 ~-~-> 01:55:08 |literally Okay. I'm coming off the acceleration, and I literally wanted to
1286 |1285 |01:55:08 ~-~-> 01:55:13 |throw up like I was scared, like I was genuinely scared to death, because I was
1287 |1286 |01:55:13 ~-~-> 01:55:16 |being piped into one lane, and the lanes were already stacking up ahead of them,
1288 |1287 |01:55:17 ~-~-> 01:55:25 |and I'm I don't have much time to bring myself down speed, downshift, downshift,
1289 |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.
1290 |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
1291 |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
1292 |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
1293 |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
1294 |1293 |01:55:46 ~-~-> 01:55:51 |want anybody seeing I'm shaking. I'm scared to death. I'm hopped up on
1295 |1294 |01:55:51 ~-~-> 01:55:55 |goofballs adrenaline and fear, and I'm thanking the good Lord that I did not
1296 |1295 |01:55:55 ~-~-> 01:56:01 |become a pink mist. I would have came apart at that speed. It would have been
1297 |1296 |01:56:01 ~-~-> 01:56:10 |a closed coffin. And my uncle, who was like my big brother, September 4, 1979
1298 |1297 |01:56:11 ~-~-> 01:56:15 |at noon that day, he took me for a ride on his motorcycle. I could still smell
1299 |1298 |01:56:15 ~-~-> 01:56:19 |his sweat on the back of his T shirt holding on to him. That was the coolest
1300 |1299 |01:56:19 ~-~-> 01:56:23 |moment ever. And 12 hours later, he died on that same road, not just a quarter
1301 |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
1302 |1301 |01:56:28 ~-~-> 01:56:31 |was like, Okay, I can't even take anymore. I gotta. I'm gonna turn right
1303 |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
1304 |1303 |01:56:34 ~-~-> 01:56:39 |off this highway. And I literally took my ass home, and I sat there, and I
1305 |1304 |01:56:39 ~-~-> 01:56:44 |thought to myself, Man, I could have died doing something stupid. I could
1306 |1305 |01:56:44 ~-~-> 01:56:51 |have done something really, really dumb. And here's the thing, I survived, that I
1307 |1306 |01:56:51 ~-~-> 01:56:56 |knew better not to do it again. But a year later, my first ride the spring
1308 |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
1309 |1308 |01:57:02 ~-~-> 01:57:09 |run for 20 minutes. It's been sitting. Get out there. Boom, open it up. And an
1310 |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
1311 |1310 |01:57:15 ~-~-> 01:57:21 |to handlebars, 85 feet in the air, laying on my head. Break my clavicle two
1312 |1311 |01:57:21 ~-~-> 01:57:26 |places, break three ribs, detach my scapula, crush all of my molars in my
1313 |1312 |01:57:26 ~-~-> 01:57:33 |mouth, all of my molars, all my chewing teeth, are crushed. I should have been
1314 |1313 |01:57:33 ~-~-> 01:57:37 |dead, and I have spinal injuries as a result of that. I didn't learn my
1315 |1314 |01:57:37 ~-~-> 01:57:42 |lesson. I was given grace. I didn't learn my lesson. I didn't learn my
1316 |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
1317 |1316 |01:57:46 ~-~-> 01:57:51 |now. I haven't really been ridden for for a year, but I allowed my impulses
1318 |1317 |01:57:51 ~-~-> 01:57:55 |because I saw other people riding around that day, I was like, You know what? I
1319 |1318 |01:57:55 ~-~-> 01:58:01 |want to I want to take my bike out. And I was influenced by other people that
1320 |1319 |01:58:01 ~-~-> 01:58:05 |are doing things recklessly, too, and that's exactly what you're doing. When
1321 |1320 |01:58:05 ~-~-> 01:58:09 |you watch my content or anybody else's content, you're thinking, I want to do
1322 |1321 |01:58:09 ~-~-> 01:58:13 |what they're doing. I want to have that same fun. Wow, that must be, that must
1323 |1322 |01:58:13 ~-~-> 01:58:17 |be really cool. They're trading with 20 accounts. They got $10,000 payout. They
1324 |1323 |01:58:17 ~-~-> 01:58:21 |got this. They got that. ICT this. Did $100,000 trade every year. What if I did
1325 |1324 |01:58:21 ~-~-> 01:58:26 |that with 20 accounts? I could be this. Don't let me influence you like that. Do
1326 |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
1327 |1326 |01:58:31 ~-~-> 01:58:35 |to remind you what's possible, but you're going to work your ass off to get
1328 |1327 |01:58:35 ~-~-> 01:58:42 |to that level, and there's no reason to take stupid, high level risks. I would
1329 |1328 |01:58:42 ~-~-> 01:58:49 |have left my family behind the year before, but thankfully, God said no, and
1330 |1329 |01:58:49 ~-~-> 01:58:53 |because it didn't listen, he didn't give me anxiety on that second ride. He let
1331 |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
1332 |1331 |01:58:59 ~-~-> 01:59:03 |day, every spring I see other most like, what's out there? And I always had the
1333 |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
1334 |1333 |01:59:07 ~-~-> 01:59:10 |of the cruisers. And as soon as I start feeling that way, boom, my back goes
1335 |1334 |01:59:10 ~-~-> 01:59:14 |into major spasms, and I have it for weeks. That's the Lord telling me you're
1336 |1335 |01:59:14 ~-~-> 01:59:18 |stupid. You're being stupid right now, how many times I gotta keep you from
1337 |1336 |01:59:18 ~-~-> 01:59:23 |doing this? That's a natural human tendency, don't walk on the grass. I'm
1338 |1337 |01:59:23 ~-~-> 01:59:26 |moonwalking on it. That's what we do as humans. We do everything we're not
1339 |1338 |01:59:26 ~-~-> 01:59:30 |supposed to do. That's why everybody fails in this industry, because it's so
1340 |1339 |01:59:30 ~-~-> 01:59:36 |hard to keep control over yourself. And then you have social media, people like
1341 |1340 |01:59:36 ~-~-> 01:59:39 |me and other people out there that are telling people what they do, what they
1342 |1341 |01:59:39 ~-~-> 01:59:45 |can learn from you, whatever. Do not let me influence you to do things ahead of
1343 |1342 |01:59:45 ~-~-> 01:59:50 |schedule. That's why I tell you all the time. Take your time. There's no rush.
1344 |1343 |01:59:50 ~-~-> 01:59:55 |These markets are still going to be trading six months from now. Just relax.
1345 |1344 |01:59:55 ~-~-> 02:00:00 |If you don't give yourself the ability to see it properly, you might be. I'm
1346 |1345 |02:00:00 ~-~-> 02:00:05 |that pink mist, and you're gone. What can you do about it? Then nothing.
1347 |1346 |02:00:07 ~-~-> 02:00:10 |You've wrecked yourself, you've lost more money. You'll never probably want
1348 |1347 |02:00:10 ~-~-> 02:00:13 |to trade ever again, because you did it wrong. But you'll think that this stuff
1349 |1348 |02:00:13 ~-~-> 02:00:16 |doesn't work. And that's exactly what these people do on the internet. They
1350 |1349 |02:00:16 ~-~-> 02:00:20 |tried to do something quick with it, or they thought it was gonna be 123, watch
1351 |1350 |02:00:20 ~-~-> 02:00:23 |a video in five minutes. Oh, it works, because I can prove it in five minutes.
1352 |1351 |02:00:23 ~-~-> 02:00:26 |No, it doesn't work like that.
1353 |1352 |02:00:28 ~-~-> 02:00:34 |So my encouragement to you, young man, is stop trying to use it right away. You
1354 |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
1355 |1354 |02:00:38 ~-~-> 02:00:44 |and power in 2008 and in 2009 and ultimately, it could have ended me. So
1356 |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
1357 |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
1358 |1357 |02:00:57 ~-~-> 02:01:00 |live with pain chronically every single day because I did not listen to good
1359 |1358 |02:01:00 ~-~-> 02:01:04 |common sense. The year before, I should have got rid of the bike, because I
1360 |1359 |02:01:04 ~-~-> 02:01:10 |wasn't able to compose myself and be responsible as a rider, I was literally,
1361 |1360 |02:01:10 ~-~-> 02:01:15 |you know, a squid. I was out there with not the proper equipment, speeding
1362 |1361 |02:01:15 ~-~-> 02:01:21 |around with no skill doing dumb stuff. And I watch kids every single week in
1363 |1362 |02:01:21 ~-~-> 02:01:25 |our area end up on the news because they do that same stuff. They're influenced
1364 |1363 |02:01:25 ~-~-> 02:01:29 |by their friends and people online or whatever, and they buy bikes they can't
1365 |1364 |02:01:29 ~-~-> 02:01:34 |they can't handle it. And what you're learning from me is faster and powerful
1366 |1365 |02:01:35 ~-~-> 02:01:41 |than a ZX 13 was faster than a Hayabusa, faster than all that stuff. This stuff
1367 |1366 |02:01:41 ~-~-> 02:01:45 |is rocket science, and you're out there trying to treat it like it's checkers.
1368 |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
1369 |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
1370 |1369 |02:01:53 ~-~-> 02:01:56 |are amazing. They're perfect, they're the market. But if you don't have the
1371 |1370 |02:01:56 ~-~-> 02:02:01 |right mindset or control over yourself, you'll hurt yourself. And I'm ICT, and I
1372 |1371 |02:02:01 ~-~-> 02:02:07 |just told you something about my personal life, that as a human being, I
1373 |1372 |02:02:07 ~-~-> 02:02:11 |abandoned the rules that I live by. I saw something I was influenced by other
1374 |1373 |02:02:11 ~-~-> 02:02:15 |people. I want that bike. I went to the shop said, what's the fastest bike right
1375 |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
1376 |1375 |02:02:18 ~-~-> 02:02:22 |ride? That was not what I asked for. I want the fastest what everybody wants
1377 |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
1378 |1377 |02:02:26 ~-~-> 02:02:29 |drove it home brand new. Listen, for people that ride bikes, you know how
1379 |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
1380 |1379 |02:02:33 ~-~-> 02:02:40 |was thunderstorming, and I drove it home in the rain and had people laying on
1381 |1380 |02:02:40 ~-~-> 02:02:45 |their horns behind me because I knew the wrong little movement. I'm probably
1382 |1381 |02:02:45 ~-~-> 02:02:48 |going to go down with this thing because brand new tires are too smooth, and
1383 |1382 |02:02:48 ~-~-> 02:02:52 |you're you're going to hide your plane real easy. And I drove home in a
1384 |1383 |02:02:52 ~-~-> 02:02:56 |thunderstorm with probably a mile of cars behind me. Some of them went around
1385 |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
1386 |1385 |02:03:00 ~-~-> 02:03:05 |I was doing everything wrong about being a biker. Everything wrong. I checked
1387 |1386 |02:03:05 ~-~-> 02:03:13 |every box. Now I live a pain. You can hurt yourself financially beyond your
1388 |1387 |02:03:13 ~-~-> 02:03:18 |comprehension. If you do things wrong, you could owe. You could owe more money
1389 |1388 |02:03:18 ~-~-> 02:03:22 |than you have trading in environments like a CPI or PPI number, say you're
1390 |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,
1391 |1390 |02:03:25 ~-~-> 02:03:29 |and you're short, and then they they reprice it hundreds of handles against
1392 |1391 |02:03:29 ~-~-> 02:03:34 |you. You're not getting filled even if you had a stop loss. Now you owe the
1393 |1392 |02:03:34 ~-~-> 02:03:38 |broker more money than you have in the account. Then you have in your bank
1394 |1393 |02:03:38 ~-~-> 02:03:41 |account, then you're going to earn in the next couple months, if you had no
1395 |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
1396 |1395 |02:03:45 ~-~-> 02:03:51 |things. So while I may be a character that people like to take shots at, and I
1397 |1396 |02:03:51 ~-~-> 02:03:56 |love it, but I'm also trying to be a voice of reason, because you literally
1398 |1397 |02:03:56 ~-~-> 02:04:00 |need to learn this the proper way, and it needs to be at a slow pace. Because
1399 |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
1400 |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
1401 |1400 |02:04:06 ~-~-> 02:04:11 |you don't know everything about what you're doing and how you think you might
1402 |1401 |02:04:11 ~-~-> 02:04:14 |add to a losing position, because you think, no, it's right. Because ICT says,
1403 |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
1404 |1403 |02:04:19 ~-~-> 02:04:24 |celebrity. I don't like fandom. I want people that are responsible and say, You
1405 |1404 |02:04:24 ~-~-> 02:04:30 |know what? I love the fact that you're responding to people like this, and
1406 |1405 |02:04:30 ~-~-> 02:04:34 |you're reminding us of the risks. Because there's real risks in this,
1407 |1406 |02:04:34 ~-~-> 02:04:38 |folks more than you realize, and you don't really appreciate it until you
1408 |1407 |02:04:38 ~-~-> 02:04:42 |first start doing it, and then all the things that you never imagined were a
1409 |1408 |02:04:42 ~-~-> 02:04:47 |factor. They are much more significant factors than the things you're thinking
1410 |1409 |02:04:47 ~-~-> 02:04:50 |are big, big rocks in the road for you to find success, the things you're
1411 |1410 |02:04:50 ~-~-> 02:04:53 |worrying about right now that you think are impeding your ability to do this.
1412 |1411 |02:04:53 ~-~-> 02:04:57 |They're small, little, tiny pebbles on the road. They're not going to do
1413 |1412 |02:04:57 ~-~-> 02:05:01 |anything for you. They're not going to hold you back. But you think they are
1414 |1413 |02:05:01 ~-~-> 02:05:04 |the bigger things are the ones that you're going to run into in the road
1415 |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
1416 |1415 |02:05:07 ~-~-> 02:05:11 |didn't think it was ever going to happen to me, right? And until you have someone
1417 |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
1418 |1417 |02:05:14 ~-~-> 02:05:18 |that, at least you're aware of it. You're not taken by surprise. And if the
1419 |1418 |02:05:18 ~-~-> 02:05:21 |people that are being responsible are listening to me, they're like, Okay, I'm
1420 |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
1421 |1420 |02:05:24 ~-~-> 02:05:29 |hurt myself in the process. That's why the women do better, because they're not
1422 |1421 |02:05:30 ~-~-> 02:05:34 |extreme risk takers, like men are, like I was in 2008 like I was in 2000 at
1423 |1422 |02:05:34 ~-~-> 02:05:41 |night, and I live with chronic pain now. So anyway, I know, dude, nobody cares
1424 |1423 |02:05:41 ~-~-> 02:05:45 |about your motorcycle. Nobody cares about your back pain. So if you look at
1425 |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
1426 |1425 |02:05:51 ~-~-> 02:05:58 |on the execution videos on the YouTube channel the next day that Wednesday, we
1427 |1426 |02:05:58 ~-~-> 02:06:12 |have a candlestick high here. Now watch this. That is your Sibi. This your cell
1428 |1427 |02:06:12 ~-~-> 02:06:14 |sign imbalance by signing efficiency,
1429 |1428 |02:06:20 ~-~-> 02:06:28 |this big displacement, lower here, this up close candle and this up close candle
1430 |1429 |02:06:28 ~-~-> 02:06:35 |that makes all one singular bearish order block. It's not the last up close
1431 |1430 |02:06:35 ~-~-> 02:06:41 |candle. When I taught it initially, I taught it that way because I knew
1432 |1431 |02:06:41 ~-~-> 02:06:45 |everybody's gonna come out there and start teaching courses with it. There
1433 |1432 |02:06:45 ~-~-> 02:06:49 |are times where I will do this. And the rules for using the up close candle,
1434 |1433 |02:06:49 ~-~-> 02:06:53 |last one before the drop down, that definition will be in my book, because
1435 |1434 |02:06:53 ~-~-> 02:06:56 |then it's in written format. That means everything after that will be
1436 |1435 |02:06:56 ~-~-> 02:07:02 |disparating the written works of me, the audio commentary, the rules, okay, I
1437 |1436 |02:07:02 ~-~-> 02:07:09 |have slowly sprinkled the logic out because I'm competing with every
1438 |1437 |02:07:09 ~-~-> 02:07:13 |plagiarist in the world right now that wants to put this into a book form. They
1439 |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
1440 |1439 |02:07:16 ~-~-> 02:07:21 |doing it here in my own voice on YouTube. And there's millions of you now
1441 |1440 |02:07:21 ~-~-> 02:07:25 |have watched and watched me talk about this and teach it and and I'm the only
1442 |1441 |02:07:25 ~-~-> 02:07:28 |one out here demonstrating it properly. You might have a winning trade here and
1443 |1442 |02:07:28 ~-~-> 02:07:31 |there, but you don't even know why your trade worked. Like you don't even know
1444 |1443 |02:07:31 ~-~-> 02:07:34 |why that order block worked, or that inversion fair value gap did what it was
1445 |1444 |02:07:34 ~-~-> 02:07:39 |supposed to do. You assumed that you could handle that ZX 14, and you jumped
1446 |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
1447 |1446 |02:07:42 ~-~-> 02:07:49 |2008 and I barely lived through it in 2009 you see the difference. So because
1448 |1447 |02:07:49 ~-~-> 02:07:56 |of this displacement lower, we can't use this candlestick high here to that
1449 |1448 |02:07:56 ~-~-> 02:08:03 |candlesticks low, we have to refer to the truest beginning point of the order
1450 |1449 |02:08:03 ~-~-> 02:08:09 |block, which is this run up. Okay, something here came into the marketplace
1451 |1450 |02:08:09 ~-~-> 02:08:13 |that was unbeknownst to me. I don't care. I'm not trading in the morning
1452 |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
1453 |1452 |02:08:18 ~-~-> 02:08:23 |of getting short inside of this daily range, the latter portion of it the
1454 |1453 |02:08:23 ~-~-> 02:08:30 |afternoon session, post 1:30pm Eastern, Standard Time. So we have to look at
1455 |1454 |02:08:30 ~-~-> 02:08:35 |this candlestick here. So what three price points here on this candlestick
1456 |1455 |02:08:35 ~-~-> 02:08:41 |are pertinent or useful? We're down in the volume of balance. See that. And now
1457 |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
1458 |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
1459 |1458 |02:08:49 ~-~-> 02:08:52 |trying to get through this lecture already longer than I want it to be.
1460 |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
1461 |1460 |02:08:55 ~-~-> 02:09:01 |long one. But the I love over delivering the difference between this candle
1462 |1461 |02:09:01 ~-~-> 02:09:09 |sticks low and that candle sticks low. Okay, see that? What is that? That's
1463 |1462 |02:09:09 ~-~-> 02:09:16 |your fair value guy. This is just a city. This is a fair value gap. This is
1464 |1463 |02:09:16 ~-~-> 02:09:19 |why, when I look at other people on YouTube and ultra they'll say, here's a
1465 |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
1466 |1465 |02:09:25 ~-~-> 02:09:29 |imbalance that I'm going to utilize. See what you're thinking is because you've
1467 |1466 |02:09:29 ~-~-> 02:09:33 |listened to me with graduated explanations, because I'm giving a
1468 |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
1469 |1468 |02:09:39 ~-~-> 02:09:45 |giving you everything, because you all out there see people trying to pretend
1470 |1469 |02:09:45 ~-~-> 02:09:48 |that they know what them I'm teaching, or they had it figured out, and they're
1471 |1470 |02:09:48 ~-~-> 02:09:51 |trying to make courses, and they're writing books on Amazon, because it's
1472 |1471 |02:09:51 ~-~-> 02:09:54 |very easy for someone to throw something together and Amazon spits it out there.
1473 |1472 |02:09:54 ~-~-> 02:10:01 |Okay, I could have my books out there in two weeks, but I'm. Writing with my
1474 |1473 |02:10:01 ~-~-> 02:10:06 |producer, my my publisher, about the way I want my covers to be, because I only
1475 |1474 |02:10:06 ~-~-> 02:10:11 |get one chance to do this once. I once I've released the book for public, I
1476 |1475 |02:10:11 ~-~-> 02:10:16 |want, I want my way. And they're wrestling with, you know, well, you know
1477 |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
1478 |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
1479 |1478 |02:10:25 ~-~-> 02:10:30 |forth with it over that. So it'll be released when we finalize all that that
1480 |1479 |02:10:30 ~-~-> 02:10:34 |stuff, because I want the covers to look exactly how I want them, and I'm getting
1481 |1480 |02:10:34 ~-~-> 02:10:37 |a little bit resistance because of them saying the cost and what I want to
1482 |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
1483 |1482 |02:10:41 ~-~-> 02:10:45 |forth. And if you keep messing around, it's going to Self Publish, and I'll get
1484 |1483 |02:10:45 ~-~-> 02:10:51 |all the money. So if you look at the the low here to that candlesticks high, that
1485 |1484 |02:10:51 ~-~-> 02:10:56 |is your rear, that's your that's your real fair value guy, other folks on the
1486 |1485 |02:10:56 ~-~-> 02:11:07 |internet may see this and say, Okay. ICT says that the best portion of shorts are
1487 |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
1488 |1487 |02:11:12 ~-~-> 02:11:17 |that is true when you're trading and utilizing a fair value gap that is a
1489 |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
1490 |1489 |02:11:22 ~-~-> 02:11:29 |time, there is no one trick pony explanation for a fair value gap. You
1491 |1490 |02:11:29 ~-~-> 02:11:34 |have to understand other factors and other PD arrays. You want a fast track
1492 |1491 |02:11:34 ~-~-> 02:11:38 |to selling books and courses and being mentors, because it's easy quick money.
1493 |1492 |02:11:39 ~-~-> 02:11:42 |But when people realize that there's someone out there that's authored it.
1494 |1493 |02:11:42 ~-~-> 02:11:46 |It's teaching it for free. You're losing subs, you're losing subscription costs
1495 |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
1496 |1495 |02:11:49 ~-~-> 02:11:51 |hate me. You're going to create sock puppet accounts, you're going to troll
1497 |1496 |02:11:51 ~-~-> 02:11:55 |me. You're going to leave comments in my comment section that make me smile and
1498 |1497 |02:11:55 ~-~-> 02:12:00 |make me make longer videos because I like doing it. That is not what we're
1499 |1498 |02:12:00 ~-~-> 02:12:04 |seeing here. This is a change in a state of delivery right there. That opening
1500 |1499 |02:12:04 ~-~-> 02:12:16 |price in a perfect world. Price would do this. It would trade up to that level
1501 |1500 |02:12:16 ~-~-> 02:12:20 |there. Maybe this is a little bit above it, and then roll over, go lower. That's
1502 |1501 |02:12:20 ~-~-> 02:12:27 |the perfect world. But if we're thinking about things algorithmically, and I'm
1503 |1502 |02:12:27 ~-~-> 02:12:31 |teaching you how to use these PBA race properly, not look for an imbalance that
1504 |1503 |02:12:31 ~-~-> 02:12:35 |completely closes in, then I'm going to go long or short based on that. That is
1505 |1504 |02:12:35 ~-~-> 02:12:39 |the worst approach to doing that. That's the worst. That's the lowest form of
1506 |1505 |02:12:39 ~-~-> 02:12:44 |trading with imbalances. That's the lowest form. Why would you want to do
1507 |1506 |02:12:44 ~-~-> 02:12:49 |that? You're a bottom feeder. Doing that, there's more likelihood that your
1508 |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
1509 |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
1510 |1509 |02:12:57 ~-~-> 02:13:00 |them fill in. So if this is the change in the state of delivery, it means the
1511 |1510 |02:13:00 ~-~-> 02:13:03 |price was offered going up to this is buy side delivery. It means the movement
1512 |1511 |02:13:03 ~-~-> 02:13:09 |of price is going up. Then you have this displacement lower that overtakes that
1513 |1512 |02:13:09 ~-~-> 02:13:12 |candlesticks low. Your reference point goes right back to that opening price.
1514 |1513 |02:13:13 ~-~-> 02:13:16 |That's the change in the state of delivery. If you look at this price
1515 |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
1516 |1515 |02:13:21 ~-~-> 02:13:26 |one thing. But we're going to look at Tuesday's price action, September 3. And
1517 |1516 |02:13:26 ~-~-> 02:13:31 |the price is being annotated here on that opening candle that that price of
1518 |1517 |02:13:31 ~-~-> 02:13:36 |that opening on this individual candlestick of Thursday, August 29 so
1519 |1518 |02:13:37 ~-~-> 02:13:41 |when we drop down to a lower time frame, this blue line is referencing this
1520 |1519 |02:13:41 ~-~-> 02:13:45 |candlesticks opening price. Okay, let's watch. We'll drop down to an hourly
1521 |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
1522 |1521 |02:13:58 ~-~-> 02:14:03 |leaving all this open. Light bulbs are coming on, right? Let me go back to the
1523 |1522 |02:14:03 ~-~-> 02:14:10 |deal chart. I want you to fully understand what I'm showing you, this
1524 |1523 |02:14:10 ~-~-> 02:14:16 |candlestick that opening price. We're drawing that out in the future, when
1525 |1524 |02:14:16 ~-~-> 02:14:19 |price reaches this level, I'm
1526 |1525 |02:14:25 ~-~-> 02:14:29 |I know when I change time frames, I get a lot of comments that they're saying.
1527 |1526 |02:14:29 ~-~-> 02:14:34 |Can you go slower when you talk about price and you change the time frames? I
1528 |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
1529 |1528 |02:14:39 ~-~-> 02:14:44 |also where you use the pause button and you compare what my charts showing. I
1530 |1529 |02:14:44 ~-~-> 02:14:48 |always make a point of putting my my cursor on the individual candlestick. So
1531 |1530 |02:14:48 ~-~-> 02:14:51 |that way, if you're really trying to learn this, you're going to be doing
1532 |1531 |02:14:51 ~-~-> 02:14:55 |this same thing in your own charts. Because if you're not doing it in your
1533 |1532 |02:14:55 ~-~-> 02:14:58 |own charts and and trying to replicate what I'm showing you here in your own
1534 |1533 |02:14:58 ~-~-> 02:15:02 |charts with your own annotation. Times I mean this sincerely, okay, I'm not
1535 |1534 |02:15:02 ~-~-> 02:15:06 |trying to be mean spirited, because I really want you to learn. I'm talking to
1536 |1535 |02:15:06 ~-~-> 02:15:13 |Caleb right now, but other people are commenting, saying that I'm going too
1537 |1536 |02:15:13 ~-~-> 02:15:17 |fast, or I'm trying to confuse them, and I'm trying to hide something. I'm
1538 |1537 |02:15:17 ~-~-> 02:15:23 |literally trying to do everything I can to give you the perspective of how to
1539 |1538 |02:15:23 ~-~-> 02:15:25 |find it in your own chart, which is exactly what you're supposed to be
1540 |1539 |02:15:25 ~-~-> 02:15:30 |doing. My son is not going to just keep getting my charts annotating after the
1541 |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
1542 |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.
1543 |1542 |02:15:38 ~-~-> 02:15:41 |That's what you're going to be doing when you trade, when you eventually get
1544 |1543 |02:15:41 ~-~-> 02:15:44 |to the point when you trade with your when you trade with your own money or
1545 |1544 |02:15:44 ~-~-> 02:15:49 |take risk with a funded account company, whatever it is, those elements of what
1546 |1545 |02:15:49 ~-~-> 02:15:53 |you've been doing and practicing are all going to culminate to that moment. If
1547 |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
1548 |1547 |02:15:56 ~-~-> 02:16:01 |confident? You won't be you won't be confident. You won't know what you're
1549 |1548 |02:16:01 ~-~-> 02:16:06 |doing. Okay, so this box here is highlighting. We'll do a different color
1550 |1549 |02:16:06 ~-~-> 02:16:09 |so it stands out a little bit differently. We'll make an ugly yellow.
1551 |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
1552 |1551 |02:16:17 ~-~-> 02:16:21 |back down to a 60 minute chart, it's an hourly chart where
1553 |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
1554 |1553 |02:16:39 ~-~-> 02:16:41 |one one time, right? I think so.
1555 |1554 |02:16:47 ~-~-> 02:16:53 |All intervals now back down to a 60 minutes. There we go. Good grief. All
1556 |1555 |02:16:53 ~-~-> 02:16:58 |right, so you can see what I was referring referring to here, where price
1557 |1556 |02:16:58 ~-~-> 02:17:07 |was wicking into that. This is one time where my watermark is not working with
1558 |1557 |02:17:07 ~-~-> 02:17:13 |me. So here's that opening price on that daily candlestick, that little movement
1559 |1558 |02:17:13 ~-~-> 02:17:18 |to the downside, and then it rallied up. Then we had that roll over on Tuesday.
1560 |1559 |02:17:19 ~-~-> 02:17:24 |Right this moment Here, look what price is doing. It's opening and trading right
1561 |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.
1562 |1561 |02:17:31 ~-~-> 02:17:37 |Now think about this young mentors. Okay, you're running mentorships. You're
1563 |1562 |02:17:37 ~-~-> 02:17:42 |trying to charge people money, teaching things you don't know how to use you're
1564 |1563 |02:17:42 ~-~-> 02:17:46 |going to look at this chart and say, Alright, folks, I'm running a signal
1565 |1564 |02:17:46 ~-~-> 02:17:50 |room. We're watching shorts. We're going to wait for price to get up into this
1566 |1565 |02:17:50 ~-~-> 02:17:53 |area here. And right now you're probably getting pissed off because I'm talking
1567 |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
1568 |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
1569 |1568 |02:18:01 ~-~-> 02:18:05 |you're doing wrong, because you're actually hurting people, and you're
1570 |1569 |02:18:05 ~-~-> 02:18:09 |defrauding people, and you're teaching stuff that you don't know how to do. So
1571 |1570 |02:18:09 ~-~-> 02:18:13 |because you're all here collecting and writing notes like scribes, I want you
1572 |1571 |02:18:13 ~-~-> 02:18:16 |to learn how to do it right, because when I'm gone, people are going to be
1573 |1572 |02:18:16 ~-~-> 02:18:20 |wanting to learn how to do this, and you're the first round of people
1574 |1573 |02:18:20 ~-~-> 02:18:24 |learning directly as I'm teaching it, so you have an advantage. So doesn't it
1575 |1574 |02:18:24 ~-~-> 02:18:27 |make sense to do it right and stop trying to in a hurry to get some quick
1576 |1575 |02:18:27 ~-~-> 02:18:32 |money? You can get a whole lifetime of money. I could be making 15 to $20
1577 |1576 |02:18:32 ~-~-> 02:18:36 |million every single month doing exactly what I'm doing right now, and I'm not
1578 |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
1579 |1578 |02:18:42 ~-~-> 02:18:50 |lifetime of educating with proper, respectable clientele that are going to
1580 |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
1581 |1580 |02:18:54 ~-~-> 02:18:57 |you want. You don't want people to think, wow, I have something I can teach
1582 |1581 |02:18:57 ~-~-> 02:19:00 |in hindsight and never have to do it in front of anybody or prove it. I'm
1583 |1582 |02:19:00 ~-~-> 02:19:03 |telling all of you if they're teaching Smart Money concepts, or if they're
1584 |1583 |02:19:03 ~-~-> 02:19:08 |teaching ICT stuff, unless they go out in front of the world and outline
1585 |1584 |02:19:08 ~-~-> 02:19:12 |exactly how it should do, behave everything you don't even need to take a
1586 |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
1587 |1586 |02:19:17 ~-~-> 02:19:20 |their face, you just save your money. Okay, I promise you, that's the easiest
1588 |1587 |02:19:20 ~-~-> 02:19:24 |litmus test. You don't even need to see track records. You don't need to see
1589 |1588 |02:19:24 ~-~-> 02:19:27 |trading logs. You don't need to see broker statements. Have them come out on
1590 |1589 |02:19:27 ~-~-> 02:19:31 |a live stream, right on YouTube. Everybody can see it. I have students
1591 |1590 |02:19:31 ~-~-> 02:19:36 |that are doing it, not all of our teaching, obviously, but they can prove
1592 |1591 |02:19:36 ~-~-> 02:19:39 |that they're doing it. The easiest way to determine whether you're going to
1593 |1592 |02:19:39 ~-~-> 02:19:43 |waste your money is, can this person explain to me what price is going to do
1594 |1593 |02:19:43 ~-~-> 02:19:46 |beforehand? And because I have always marketed that you're going to learn how
1595 |1594 |02:19:46 ~-~-> 02:19:49 |to read price action, I cannot promise you that you're going to be profitable.
1596 |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
1597 |1596 |02:19:53 ~-~-> 02:19:56 |motorcycle and get out there and do stuff I'm not supposed to do. That's the
1598 |1597 |02:19:56 ~-~-> 02:19:59 |reason why I teach the way I teach, folks so all you foreigners that come at
1599 |1598 |02:19:59 ~-~-> 02:20:03 |me all the time. Oh, bro, you're a scammer. Fuck you. You have no idea what
1600 |1599 |02:20:03 ~-~-> 02:20:08 |you're talking about. You're broke. I'm not so this inefficiency right here, in
1601 |1600 |02:20:08 ~-~-> 02:20:13 |this inefficiency, it should never be traded to why would you expect these two
1602 |1601 |02:20:13 ~-~-> 02:20:18 |fair value gaps to ever be considered at all? If it's inside of that bearish fair
1603 |1602 |02:20:18 ~-~-> 02:20:24 |value gap and it's above the change in the state of delivery. That means it's
1604 |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
1605 |1604 |02:20:28 ~-~-> 02:20:34 |see these things stay open, because that indicates that we're really heavy. We're
1606 |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
1607 |1606 |02:20:38 ~-~-> 02:20:41 |that are trying to teach courses and mentorships or signal services. I've
1608 |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
1609 |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
1610 |1609 |02:20:47 ~-~-> 02:20:51 |just responding with this. The blind leading the blind. You don't know what
1611 |1610 |02:20:51 ~-~-> 02:20:55 |you're doing. Every little separation between three candles like this is not a
1612 |1611 |02:20:55 ~-~-> 02:21:02 |fair value guy. It's not. This is further evidence that indicate that you
1613 |1612 |02:21:02 ~-~-> 02:21:07 |have to have more intel about the other PD arrays, because no matter which one
1614 |1613 |02:21:07 ~-~-> 02:21:11 |you start with, it could be the breaker block, it could be a propulsion block,
1615 |1614 |02:21:11 ~-~-> 02:21:18 |it could be a well volume bounce or fair value gap. You have to understand the
1616 |1615 |02:21:18 ~-~-> 02:21:23 |other ones, even if it's a small, little brief acknowledgement, okay, I recognize
1617 |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
1618 |1617 |02:21:26 ~-~-> 02:21:32 |part of the whole narrative of what price is doing. If I, if I wanted to do
1619 |1618 |02:21:32 ~-~-> 02:21:35 |it, and it was possible, I could just say, here's the here's the order block
1620 |1619 |02:21:35 ~-~-> 02:21:38 |theory, and you never need to worry about any other candlestick. But just
1621 |1620 |02:21:38 ~-~-> 02:21:43 |this one, you can't. It's impossible to do that because you have to have other
1622 |1621 |02:21:43 ~-~-> 02:21:48 |information from other facets of what price was doing. That's why you're all
1623 |1622 |02:21:48 ~-~-> 02:21:52 |you. You're angry at me because you think I'm hiding something from you when
1624 |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
1625 |1624 |02:21:55 ~-~-> 02:22:00 |for. I know my limitation as a human being, as a teacher, I'm not going to
1626 |1625 |02:22:00 ~-~-> 02:22:04 |reach to the levels of what you expect in answers for certain things, because
1627 |1626 |02:22:04 ~-~-> 02:22:09 |those questions are answered with your own experience. And that doesn't satisfy
1628 |1627 |02:22:09 ~-~-> 02:22:12 |the people that are just one minute trainer, five minute trainer, teach it
1629 |1628 |02:22:12 ~-~-> 02:22:18 |to me in 20 minutes or less. I don't want students like that. I want people
1630 |1629 |02:22:18 ~-~-> 02:22:22 |that are going to be highly responsible and they are aware of what's being
1631 |1630 |02:22:22 ~-~-> 02:22:24 |taught and shown to them, because they can appreciate what's being shown to
1632 |1631 |02:22:24 ~-~-> 02:22:29 |them, because it's the truth. I can make this fraud. I can make this fluffed up
1633 |1632 |02:22:29 ~-~-> 02:22:35 |and all about Lamborghinis and stuff, but I can't come out here and show you
1634 |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
1635 |1634 |02:22:40 ~-~-> 02:22:44 |you see on the internet right now is show everybody else my fancy, expensive
1636 |1635 |02:22:44 ~-~-> 02:22:48 |stuff. And once that happens, naughty wears off, then what are you left with
1637 |1636 |02:22:48 ~-~-> 02:22:53 |that people want to see you explain it. Why should it work in their own hands?
1638 |1637 |02:22:53 ~-~-> 02:22:58 |Because if you can't show the latte behind, why it should do something? Why
1639 |1638 |02:22:58 ~-~-> 02:23:05 |should anybody send you money. Why should anybody send you money for you
1640 |1639 |02:23:05 ~-~-> 02:23:08 |not being able to prove that you have an understanding what price is going to do
1641 |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
1642 |1641 |02:23:12 ~-~-> 02:23:16 |test. Everybody out there in education has a blank check right now waiting for
1643 |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
1644 |1643 |02:23:19 ~-~-> 02:23:24 |it is. Watch how many people do it, though, and watch how you get banned.
1645 |1644 |02:23:24 ~-~-> 02:23:27 |Watch how you get blocked on an email, how you get blocked on social media,
1646 |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
1647 |1646 |02:23:30 ~-~-> 02:23:36 |day, every single day. I'm not running out of any any yeast around here. Okay,
1648 |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
1649 |1648 |02:23:39 ~-~-> 02:23:43 |long. But these inefficiencies are they're not going to fill they're not
1650 |1649 |02:23:43 ~-~-> 02:23:50 |going to trade back to you don't want them to now, because we have that, you
1651 |1650 |02:23:50 ~-~-> 02:23:52 |can drop down to a 15 minute time
1652 |1651 |02:24:02 ~-~-> 02:24:02 |frame you
1653 |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
1654 |1653 |02:24:21 ~-~-> 02:24:26 |trying to pirate your stuff. I know clowns, alright. So here's that opening
1655 |1654 |02:24:26 ~-~-> 02:24:31 |price on the daily candlestick, and it's the change in the state of delivery. And
1656 |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
1657 |1656 |02:24:35 ~-~-> 02:24:40 |minute time frame. It's trading into it here, and that defines that 15 minute,
1658 |1657 |02:24:40 ~-~-> 02:24:46 |or, sorry, hourly inefficiency the downside, it's just a Sibi that's not a
1659 |1658 |02:24:46 ~-~-> 02:24:51 |fair value gap that you trade. Okay? It's just showing an inefficiency. But
1660 |1659 |02:24:52 ~-~-> 02:24:55 |just because there's an inefficiency doesn't mean it needs to trade up into
1661 |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?
1662 |1661 |02:25:00 ~-~-> 02:25:04 |Where is it likely to go, and how's it been delivered these two inefficiencies
1663 |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
1664 |1663 |02:25:07 ~-~-> 02:25:11 |price go up there. But watch what happens when it starts to break lower
1665 |1664 |02:25:11 ~-~-> 02:25:16 |after returning back to that blue line, which is the opening price on the lower
1666 |1665 |02:25:16 ~-~-> 02:25:21 |up close candle on the daily chart that frames the full bearish order block. Why
1667 |1666 |02:25:21 ~-~-> 02:25:24 |this is this is what you end up doing with this information. Okay, this is all
1668 |1667 |02:25:24 ~-~-> 02:25:28 |part of the price delivery continuum theory, knowing what you're looking for
1669 |1668 |02:25:28 ~-~-> 02:25:32 |for from one higher time frame, and then using the information from that higher
1670 |1669 |02:25:32 ~-~-> 02:25:35 |Time Frame, what should you expect to see in price? So it gives you the
1671 |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
1672 |1671 |02:25:38 ~-~-> 02:25:41 |trade off of. I know how I'm going to place my stop based on this information.
1673 |1672 |02:25:42 ~-~-> 02:25:48 |Big, huge paradigm shift. Ready? You ready? I don't hear you. Well, nice et,
1674 |1673 |02:25:48 ~-~-> 02:25:54 |I'm screaming. So it trades up into the opening of that lowest down, close, up,
1675 |1674 |02:25:54 ~-~-> 02:25:57 |close, candle. That makes the bearish order block. This is the change in the
1676 |1675 |02:25:57 ~-~-> 02:26:00 |state of delivery. The algorithm is going to refer back to that price. Here
1677 |1676 |02:26:00 ~-~-> 02:26:05 |we are on a 15 minute time frame. Does it wick above it? Yes. Does it wick
1678 |1677 |02:26:05 ~-~-> 02:26:08 |above it? Yes. Does it wick above it, yes. How can you validate that that is
1679 |1678 |02:26:08 ~-~-> 02:26:12 |really going to be an influential order block? ICT. Look at this lower time
1680 |1679 |02:26:12 ~-~-> 02:26:18 |frame. What are the bodies doing? What are they doing? Are they just going
1681 |1680 |02:26:18 ~-~-> 02:26:29 |through it? No, they're respecting it. Oh, so if I can see a time frame like
1682 |1681 |02:26:29 ~-~-> 02:26:34 |this, that's confirming it, that means this up close candle becomes a valid
1683 |1682 |02:26:34 ~-~-> 02:26:40 |bearish order block, and then I can use it open price right here, you're going
1684 |1683 |02:26:40 ~-~-> 02:26:47 |to hear my stomach, because I'm fasted, so it's already ground talking. We get
1685 |1684 |02:26:47 ~-~-> 02:26:50 |that on that candlestick right there. We don't need a close below it. We don't
1686 |1685 |02:26:50 ~-~-> 02:26:54 |need engulfing candles, does this? We don't need an fu candle, all that stuff
1687 |1686 |02:26:54 ~-~-> 02:26:58 |that's all 20 year olds working through a multi level marketing scam ring. Okay?
1688 |1687 |02:26:59 ~-~-> 02:27:07 |Scammers. Incorporated. Okay, I gotta resist myself, because I could have a
1689 |1688 |02:27:07 ~-~-> 02:27:11 |whole lot of fun with that, but I'm gonna do it. But we have that opening
1690 |1689 |02:27:11 ~-~-> 02:27:15 |price, and we get it there, so that validates this as an order block. But
1691 |1690 |02:27:15 ~-~-> 02:27:23 |now watch when it does this, the next candle, what does it create? I'm What's
1692 |1691 |02:27:23 ~-~-> 02:27:33 |this? That's your first presentation. Oh, so it's not limited to 930, to 10
1693 |1692 |02:27:33 ~-~-> 02:27:37 |o'clock, right? It's when you're using proper breakdown from a higher time
1694 |1693 |02:27:37 ~-~-> 02:27:41 |frame down to a lower time frame using the PD arrays in the proper context, and
1695 |1694 |02:27:41 ~-~-> 02:27:46 |its PD array matrix, where we're at in the lay of the land, that fair value
1696 |1695 |02:27:46 ~-~-> 02:27:51 |gap, you can trade that right there. Where's your stock go? It's got to be
1697 |1696 |02:27:51 ~-~-> 02:27:56 |above the order block. So your risk is entry. The lowest threshold entry is
1698 |1697 |02:27:56 ~-~-> 02:28:02 |this candle sticks high, and that is, I mean, I gotta move this down or up
1699 |1698 |02:28:02 ~-~-> 02:28:13 |rather. All right, the Fairbank is here. That candlesticks high is 19,183.25 so
1700 |1699 |02:28:13 ~-~-> 02:28:17 |that's your entry, minus one tick. So you want to get filled, you want to make
1701 |1700 |02:28:17 ~-~-> 02:28:20 |sure that you're going to get filled. That's it. Why? Because you have all
1702 |1701 |02:28:20 ~-~-> 02:28:24 |these other things qualifying and confirming it, but your risk is the
1703 |1702 |02:28:24 ~-~-> 02:28:27 |candlestick that is the bearish order. Block this one here, because it should
1704 |1703 |02:28:27 ~-~-> 02:28:32 |not go back above that, especially now, because we had this candles that could
1705 |1704 |02:28:32 ~-~-> 02:28:35 |go above it, and this candlestick goes above it, but prior to it validating
1706 |1705 |02:28:35 ~-~-> 02:28:39 |that closing or that opening price, it didn't need to close above or below it.
1707 |1706 |02:28:39 ~-~-> 02:28:42 |Let me say that one more time because of this, keep a whole bunch of
1708 |1707 |02:28:42 ~-~-> 02:28:47 |contradicting statements. This candlestick up close is your bare
1709 |1708 |02:28:47 ~-~-> 02:28:52 |shorter block. We don't know that yet, until this candlestick crosses down
1710 |1709 |02:28:52 ~-~-> 02:28:57 |below the opening price. It does not on this candlestick does it does not need
1711 |1710 |02:28:57 ~-~-> 02:29:00 |to close below the opening price of that to validate that as a bearish order
1712 |1711 |02:29:00 ~-~-> 02:29:04 |block, what's good about this is we had this candlestick already trade above
1713 |1712 |02:29:05 ~-~-> 02:29:09 |this up close candle, which is a potential we don't know it yet, bare
1714 |1713 |02:29:09 ~-~-> 02:29:13 |shorter block, it wicked above its high there, and it whipped above its high
1715 |1714 |02:29:13 ~-~-> 02:29:17 |there, and then on this candlestick, we traded below that candlesticks opening
1716 |1715 |02:29:17 ~-~-> 02:29:22 |that validates that candlestick as a bearish order block, any stop in this
1717 |1716 |02:29:22 ~-~-> 02:29:26 |close proximity, you could use the opening of that candlestick right here,
1718 |1717 |02:29:26 ~-~-> 02:29:29 |that right there, you can be entering and you can add more into it, into a
1719 |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
1720 |1719 |02:29:33 ~-~-> 02:29:37 |you can use that as your entry mechanism. But for stop placement, you
1721 |1720 |02:29:37 ~-~-> 02:29:42 |have to use the high of that candlestick plus one tick, and it never goes there.
1722 |1721 |02:29:42 ~-~-> 02:29:46 |So that's your defined risk from this candlestick high minus one tick. That's
1723 |1722 |02:29:46 ~-~-> 02:29:50 |your entry to this candlestick plus one tick above its high. So that's your
1724 |1723 |02:29:50 ~-~-> 02:29:57 |defined risk. And you can see multiple instances where you can get in and get
1725 |1724 |02:29:57 ~-~-> 02:30:03 |short on that idea, that premise, you. Anyway, let's go back out to a daily
1726 |1725 |02:30:03 ~-~-> 02:30:11 |chart, and I'll continue on with my lecture. I really missed hanging out
1727 |1726 |02:30:11 ~-~-> 02:30:21 |with you guys yesterday. So here is that other wick guys up at the CME, damn it,
1728 |1727 |02:30:21 ~-~-> 02:30:25 |Michael, shut your mouth. You're teaching everything. Beautiful delivery
1729 |1728 |02:30:25 ~-~-> 02:30:32 |there. You want to screenshot that, by the way, right there you won't find that
1730 |1729 |02:30:32 ~-~-> 02:30:40 |in like off. You ain't gonna see that in Andrew's pitchforks. My private
1731 |1730 |02:30:41 ~-~-> 02:30:46 |mentorship students. That's the inside joke. All right, so anyway, all this
1732 |1731 |02:30:46 ~-~-> 02:30:49 |business in here, we are not looking for that to trade up into these
1733 |1732 |02:30:49 ~-~-> 02:30:55 |inefficiencies. They should stay open. So in reality, what we're saying is
1734 |1733 |02:30:55 ~-~-> 02:31:03 |this, this candle sticks low and this candle sticks high. That's your real
1735 |1734 |02:31:03 ~-~-> 02:31:09 |that's your real fair value guy. That's it, right there. Now let's think about
1736 |1735 |02:31:09 ~-~-> 02:31:13 |this for a moment. Okay, if that's your fair value gap,
1737 |1736 |02:31:21 ~-~-> 02:31:28 |that's not my saying. You gotta feed me, boy, this is your high on, on the
1738 |1737 |02:31:28 ~-~-> 02:31:31 |fairway gap, which is the low of the fairway gap, and this candle sticks low
1739 |1738 |02:31:31 ~-~-> 02:31:37 |is the high the fair value gap. So that defined range there, this segment, this
1740 |1739 |02:31:37 ~-~-> 02:31:43 |section of price, is inefficient in what buy side delivery, because this candle
1741 |1740 |02:31:43 ~-~-> 02:31:47 |moved lower. So in this little section of price action between this candle
1742 |1741 |02:31:47 ~-~-> 02:31:51 |sticks low and this candle sticks high, we're only focused in in this little
1743 |1742 |02:31:51 ~-~-> 02:31:56 |shaded area, we wait for price to go up into it, because what is that doing?
1744 |1743 |02:31:56 ~-~-> 02:32:01 |It's offering the sell side delivery. That means it's overlapping this down
1745 |1744 |02:32:01 ~-~-> 02:32:07 |movement between this candle is low and this candle is high. It's inefficient
1746 |1745 |02:32:07 ~-~-> 02:32:12 |because it didn't have any other candlestick cross over the range defined
1747 |1746 |02:32:12 ~-~-> 02:32:17 |by this candles low and this candle is high while price was going up. That's
1748 |1747 |02:32:17 ~-~-> 02:32:20 |why I use the analogy all the time painting. You know when you apply the
1749 |1748 |02:32:20 ~-~-> 02:32:25 |paint to the wall, first moments of applying the paint with the roller, it's
1750 |1749 |02:32:25 ~-~-> 02:32:29 |real lush and it's ample supply of paint. But you keep rolling, eventually
1751 |1750 |02:32:29 ~-~-> 02:32:32 |that roller will run out of paint in certain parts of it, and you'll start
1752 |1751 |02:32:32 ~-~-> 02:32:36 |seeing these little pockets, these little porous delivery of paint. And
1753 |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
1754 |1753 |02:32:40 ~-~-> 02:32:43 |same thing. Well, let's same things occurring. Here you roll the paint down,
1755 |1754 |02:32:43 ~-~-> 02:32:46 |and then you're going to have these little porous pockets where it didn't
1756 |1755 |02:32:46 ~-~-> 02:32:51 |create a very smooth delivery price action. We'll see that when we drop back
1757 |1756 |02:32:51 ~-~-> 02:32:55 |down to lower time frames. But here it looks you can't see that. So the only
1758 |1757 |02:32:55 ~-~-> 02:32:59 |way you can see on this time frame is defining with a fair value gap, which is
1759 |1758 |02:32:59 ~-~-> 02:33:04 |why I created that concept. Then this run back up into it is overlapping, that
1760 |1759 |02:33:04 ~-~-> 02:33:08 |even though it whipped and went lower, that delivery right there. That's what
1761 |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
1762 |1761 |02:33:12 ~-~-> 02:33:17 |teach you about turtle soups, their reversal patterns and their continuation
1763 |1762 |02:33:17 ~-~-> 02:33:22 |patterns? You can use the fair value gap to get into a turtle suit. Stop
1764 |1763 |02:33:22 ~-~-> 02:33:29 |listening to Twitter version turtle Supers. Okay, I promise you candle range
1765 |1764 |02:33:29 ~-~-> 02:33:35 |theory is bullshit. Okay, it's bullshit. It's absolute bullshit. So stop it, stop
1766 |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
1767 |1766 |02:33:40 ~-~-> 02:33:44 |out, line it up. Do it, trade it, and then everybody will buy your course. I
1768 |1767 |02:33:44 ~-~-> 02:33:48 |promise you, they'll all buy your course, and you'll be the next hero. But
1769 |1768 |02:33:48 ~-~-> 02:33:51 |you're not going to do that because you're staying in the hindsight of of
1770 |1769 |02:33:52 ~-~-> 02:33:57 |2020, stop putting sock puppet comments in there. I know you're losing sales,
1771 |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
1772 |1771 |02:34:04 ~-~-> 02:34:07 |everybody that's trying to teach my stuff. You don't have any right to do
1773 |1772 |02:34:07 ~-~-> 02:34:13 |it. Alright? So this level here, I'm going to, I'm going to color this one.
1774 |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,
1775 |1774 |02:34:23 ~-~-> 02:34:27 |reddish area that's highlighted to this candlesticks low. We're highlighting
1776 |1775 |02:34:27 ~-~-> 02:34:31 |this inefficiency because it's defined by this candle is high, that candle is
1777 |1776 |02:34:31 ~-~-> 02:34:36 |low. This candle is high. Is anchored with that, that broad orange color. And
1778 |1777 |02:34:36 ~-~-> 02:34:40 |we're going to look at what price was doing here yesterday, and that's what I
1779 |1778 |02:34:40 ~-~-> 02:34:45 |was utilizing to get short in the turtle suit, and then everything will become
1780 |1779 |02:34:45 ~-~-> 02:34:51 |perfect. You'll have a a clear depiction of what price is going to do, because
1781 |1780 |02:34:51 ~-~-> 02:34:59 |I'm showing you how I executed yesterday. My focus and aim was I didn't
1782 |1781 |02:34:59 ~-~-> 02:35:04 |I thought I left. That wine or anything that was this one. So that price is you
1783 |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
1784 |1783 |02:35:08 ~-~-> 02:35:18 |one is this one. ICT calls in the crash. Don't hate the player. Hate the game,
1785 |1784 |02:35:18 ~-~-> 02:35:22 |baby. So yeah, of course, I'm an enemy fan. What are you talking about? It's
1786 |1785 |02:35:22 ~-~-> 02:35:30 |talking about? So this candlestick high on Wednesday, okay, that run above that.
1787 |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
1788 |1787 |02:35:35 ~-~-> 02:35:42 |gonna I'm gonna label this line with a black level, okay, and that way we know
1789 |1788 |02:35:42 ~-~-> 02:35:48 |that that's what ice T's aiming for. So between this candlesticks low, this
1790 |1789 |02:35:48 ~-~-> 02:35:53 |candle sticks high, something in here, I want to I want to attack it. I'm waiting
1791 |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
1792 |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.
1793 |1792 |02:36:02 ~-~-> 02:36:05 |What I just said will make sense in a minute. Let me drop down a little time
1794 |1793 |02:36:05 ~-~-> 02:36:13 |frames. But I'm thinking that I want to be short above this high and aim for
1795 |1794 |02:36:13 ~-~-> 02:36:17 |this level right here. That's a one shot, one kill. I'm
1796 |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.
1797 |1796 |02:36:29 ~-~-> 02:36:34 |I'm willing to absorb and ride out all the little fluctuations between where I
1798 |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
1799 |1798 |02:36:39 ~-~-> 02:36:46 |here. Okay. How. How do we accomplish that? Glad you asked. Let's go down to a
1800 |1799 |02:36:46 ~-~-> 02:36:51 |hourly chart. Remember this orange line is this candlesticks high? So it has to
1801 |1800 |02:36:51 ~-~-> 02:36:56 |be an entry for shorting above that level. My entry to get short has to be
1802 |1801 |02:36:56 ~-~-> 02:37:02 |above this candle sticks high. So that's this price up here. Look at this right
1803 |1802 |02:37:02 ~-~-> 02:37:08 |here. This candle sticks high. My entry going short has to be above that as much
1804 |1803 |02:37:08 ~-~-> 02:37:15 |as this candle sticks low. Watch this price right here. So I have a range of
1805 |1804 |02:37:15 ~-~-> 02:37:19 |looking for a short in that general proximity. I'm waiting for something to
1806 |1805 |02:37:19 ~-~-> 02:37:26 |form, technically, affording me a short where I can frame a stop loss using the
1807 |1806 |02:37:26 ~-~-> 02:37:29 |language I'm teaching you, so that way you can see it conceptually. All right,
1808 |1807 |02:37:30 ~-~-> 02:37:35 |I promise you, once you understand everything that I'm teaching, the
1809 |1808 |02:37:35 ~-~-> 02:37:39 |explanations don't need to be this long and drawn out. But because I have so
1810 |1809 |02:37:39 ~-~-> 02:37:43 |many new students, I'm getting 60,000 new subscribers every month, which is
1811 |1810 |02:37:43 ~-~-> 02:37:49 |crazy. So imagine my my inbox is constantly the same questions, and I'm
1812 |1811 |02:37:49 ~-~-> 02:37:53 |reminding you to stick with the 2024 mentorship, because it's going to answer
1813 |1812 |02:37:53 ~-~-> 02:37:57 |a lot of questions more directly than I've ever done in any previous lectures.
1814 |1813 |02:37:57 ~-~-> 02:38:00 |But you can always go back in your free time and watch those other ones too,
1815 |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
1816 |1815 |02:38:04 ~-~-> 02:38:08 |live market conditions over live price action, so you can see me explain all
1817 |1816 |02:38:08 ~-~-> 02:38:11 |this stuff, and then you watch it happen your charts, and you're left with no
1818 |1817 |02:38:11 ~-~-> 02:38:18 |excuse. So we're in this little area. The opportunity is from here to here.
1819 |1818 |02:38:18 ~-~-> 02:38:21 |Okay, so now drop hourly. And
1820 |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
1821 |1820 |02:38:37 ~-~-> 02:38:42 |point. So we have this old high and inside this range here. What's it
1822 |1821 |02:38:42 ~-~-> 02:38:47 |reaching for? When it whipped up like this, what is it reaching for? Look over
1823 |1822 |02:38:47 ~-~-> 02:38:54 |to the left. What is all this? That was me framing the order block up here, and
1824 |1823 |02:38:55 ~-~-> 02:39:01 |then you have all these wicks, which becomes, what Balanced price range. Why?
1825 |1824 |02:39:01 ~-~-> 02:39:05 |Why is this balanced? Because we have this candlestick opening trading up
1826 |1825 |02:39:05 ~-~-> 02:39:08 |here. We have this candlestick opening and trading up here. We have this
1827 |1826 |02:39:08 ~-~-> 02:39:12 |candlestick opening and trading up here. So essentially, what you're seeing is,
1828 |1827 |02:39:12 ~-~-> 02:39:23 |is you're seeing a wall of price action that's been delivered here. The it's
1829 |1828 |02:39:23 ~-~-> 02:39:26 |offered by side and sell side all throughout this range here, and then it
1830 |1829 |02:39:26 ~-~-> 02:39:33 |leaves it right there. So that means that I can take that idea and say, I'm
1831 |1830 |02:39:33 ~-~-> 02:39:38 |going to extend this over here, and once it gets into that area, it should have
1832 |1831 |02:39:38 ~-~-> 02:39:45 |no easy path into all this stuff or higher. So now I'm further refining this
1833 |1832 |02:39:45 ~-~-> 02:39:52 |down into a small little pocket of price range. So yes, it can touch this, but
1834 |1833 |02:39:52 ~-~-> 02:39:55 |before we get to that range when it's trading above this high here, when it's
1835 |1834 |02:39:55 ~-~-> 02:40:05 |doing this movement on the hourly, I'm. What can I use as an initial framework
1836 |1835 |02:40:05 ~-~-> 02:40:09 |to say, Okay, where's my focus at? It's going up to this level, an extreme
1837 |1836 |02:40:09 ~-~-> 02:40:13 |level, but it's going to have a real hard time getting above that, because
1838 |1837 |02:40:13 ~-~-> 02:40:16 |we've seen back and forth individual candlesticks overlapping, overlapping in
1839 |1838 |02:40:16 ~-~-> 02:40:22 |the sign in same range. Then we have this right there where it leaves that
1840 |1839 |02:40:22 ~-~-> 02:40:25 |balance price range, and it leaves this little, tiny little section, section of
1841 |1840 |02:40:25 ~-~-> 02:40:32 |price action exposed with inefficiency. What is it inefficient in it's sell side
1842 |1841 |02:40:32 ~-~-> 02:40:36 |delivery, but buy side inefficient. That means it's got to have at some time in
1843 |1842 |02:40:36 ~-~-> 02:40:41 |the future, after this candlestick closes and this one starts to
1844 |1843 |02:40:41 ~-~-> 02:40:50 |efficiently offer the market fair value pricing. This gap is what it is. Should
1845 |1844 |02:40:50 ~-~-> 02:40:54 |be repriced to with buy side delivery. That means movement up in price, and we
1846 |1845 |02:40:54 ~-~-> 02:41:02 |get that here. See how it's starting to flesh out more and more. If this, then
1847 |1846 |02:41:02 ~-~-> 02:41:07 |that, if this, then that, if not this, then the other thing, or sit still. So
1848 |1847 |02:41:07 ~-~-> 02:41:13 |now we have this wall of price action. We're going to take that away, because
1849 |1848 |02:41:13 ~-~-> 02:41:16 |it's going to confuse you, this fair value gap. We're going to drop down into
1850 |1849 |02:41:16 ~-~-> 02:41:27 |a 15 minute time frame. This is all top down analysis. So here's the high where
1851 |1850 |02:41:27 ~-~-> 02:41:38 |that little orange level was anchored to, and this gap, this one here, I'm
1852 |1851 |02:41:38 ~-~-> 02:41:45 |going to take this one off for a second. This gap here is above this old high,
1853 |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
1854 |1853 |02:41:50 ~-~-> 02:41:55 |higher as it goes higher. I want to sell short into that because it's going into
1855 |1854 |02:41:55 ~-~-> 02:41:58 |that inefficiency. I had that big wall of price action. Remember, on the hourly
1856 |1855 |02:41:58 ~-~-> 02:42:02 |chart, it's all those wicks that was saying, I'm a balanced price range. It
1857 |1856 |02:42:02 ~-~-> 02:42:07 |might touch me, but I'm not going anywhere. I'm going to keep price from
1858 |1857 |02:42:07 ~-~-> 02:42:13 |going any higher, but the wicks can do what they are allowed to do the damage.
1859 |1858 |02:42:13 ~-~-> 02:42:18 |That means they can color just outside the lines. So we're seeing that happen
1860 |1859 |02:42:18 ~-~-> 02:42:24 |here. There's the the fair value gap range. It's expanding just a little bit
1861 |1860 |02:42:24 ~-~-> 02:42:29 |outside of it. But more importantly, my focus is, is I'm getting above that high
1862 |1861 |02:42:29 ~-~-> 02:42:35 |right there. Because this is all part of a daily fair value gap, institutional
1863 |1862 |02:42:35 ~-~-> 02:42:41 |order flow entry drill. That means I expect it not to completely close in a
1864 |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
1865 |1864 |02:42:45 ~-~-> 02:42:51 |doing right here. And I want to see it immediately send price lower. Okay, now
1866 |1865 |02:42:51 ~-~-> 02:42:53 |we can drop down to a five minute chart.
1867 |1866 |02:42:58 ~-~-> 02:43:02 |Everything starts getting more and more scientific, doesn't it? If I'm watching
1868 |1867 |02:43:02 ~-~-> 02:43:07 |this time frame, what do I want to see in price? Well, what is my price
1869 |1868 |02:43:07 ~-~-> 02:43:12 |delivery? Continuum theory. Teach you the higher Time Frame, order flow, any
1870 |1869 |02:43:12 ~-~-> 02:43:16 |PDA rate that you're using on a higher time frame, which higher than a a five
1871 |1870 |02:43:16 ~-~-> 02:43:19 |minute chart, a six minute chart, a seven minute chart, an eight minute
1872 |1871 |02:43:19 ~-~-> 02:43:22 |chart, anything higher than a five minute chart. So what are my usual
1873 |1872 |02:43:22 ~-~-> 02:43:29 |picks? I use the industry standards because I want to have this little
1874 |1873 |02:43:29 ~-~-> 02:43:32 |disruption to what you're used to, if you come from other schools of thought.
1875 |1874 |02:43:32 ~-~-> 02:43:36 |So everybody understands that the weekly, I'm sorry, the monthly, the
1876 |1875 |02:43:36 ~-~-> 02:43:40 |daily, I'm sorry, the monthly, the weekly, the daily, the four hour, the
1877 |1876 |02:43:40 ~-~-> 02:43:43 |one hour, the 15 minute, the five minute, the one minute, and anything
1878 |1877 |02:43:43 ~-~-> 02:43:48 |less than a one minute chart, it's just, you know, bonkers, right? So I say that
1879 |1878 |02:43:48 ~-~-> 02:43:54 |one tongue in cheek, the previous higher Time Frame gave us this pink shaded area
1880 |1879 |02:43:54 ~-~-> 02:43:58 |for the fair value gap to be defined. I laid the rectangle on it based on the
1881 |1880 |02:43:58 ~-~-> 02:44:02 |higher time frame, and now, because it's transposed to this time frame. Now we're
1882 |1881 |02:44:02 ~-~-> 02:44:08 |on a five minute chart. What are the bodies telling me? They're respecting
1883 |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
1884 |1883 |02:44:13 ~-~-> 02:44:18 |for, because every frame of reference for time, because that's the most
1885 |1884 |02:44:18 ~-~-> 02:44:25 |paramount thing, no matter who tells you what, baby, time is the most important
1886 |1885 |02:44:25 ~-~-> 02:44:30 |factor before price does anything? Because if ain't the right time, price
1887 |1886 |02:44:30 ~-~-> 02:44:35 |ain't going nowhere. Period. The bodies are saying, Yeah, we're respecting that.
1888 |1887 |02:44:35 ~-~-> 02:44:38 |We're not, we're not going to color outside the lines. But the wicks will
1889 |1888 |02:44:38 ~-~-> 02:44:41 |see you watch these wicks when it's happening like this, and you think, Oh,
1890 |1889 |02:44:41 ~-~-> 02:44:46 |they're they're changing the algorithm. They're making traps. Tell me if I was
1891 |1890 |02:44:46 ~-~-> 02:44:52 |trapped yesterday, or was I trapping breakout artists, I was fading at the
1892 |1891 |02:44:52 ~-~-> 02:44:58 |highest form using what I'm teaching you right here. I'm teaching you the real
1893 |1892 |02:44:59 ~-~-> 02:45:03 |turtle suit. Not Linda Raskin Larry Connors turtle suit. Buy the book, and
1894 |1893 |02:45:03 ~-~-> 02:45:08 |you'll see none of this is in there. No disrespect to Linda. I respect her. She
1895 |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
1896 |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
1897 |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
1898 |1897 |02:45:20 ~-~-> 02:45:26 |degree respect for because she had a huge impact on me in understanding stop
1899 |1898 |02:45:26 ~-~-> 02:45:30 |hunts. That book helped me understand that. But I don't teach anything from
1900 |1899 |02:45:30 ~-~-> 02:45:33 |that book, and you should all own that book. And by me telling you to buy the
1901 |1900 |02:45:33 ~-~-> 02:45:36 |book, that's what that does. It cancels out me hiding anything. Oh, he's
1902 |1901 |02:45:36 ~-~-> 02:45:40 |secretly teaching Smart Money concepts that were found in street smarts book
1903 |1902 |02:45:40 ~-~-> 02:45:46 |wrong. I'm not. I love the name turtle suit, and I just borrowed it for my
1904 |1903 |02:45:46 ~-~-> 02:45:50 |approach to seeing reversals, because in my mind, I'm I'm thinking every person
1905 |1904 |02:45:50 ~-~-> 02:45:54 |is a breakout artist is thinking the same way that the turtle traders were.
1906 |1905 |02:45:54 ~-~-> 02:45:58 |Richard Dennis taught them to use a 20 day high breakout. If it went above the
1907 |1906 |02:45:58 ~-~-> 02:46:01 |highest high in the last 20 days. They bought it and they use the lowest low
1908 |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.
1909 |1908 |02:46:04 ~-~-> 02:46:08 |But the point is this, none of that's being taught here, but the idea of a
1910 |1909 |02:46:08 ~-~-> 02:46:13 |stop hunt and then drawing back into the previous range, it helped me understand
1911 |1910 |02:46:13 ~-~-> 02:46:17 |it where I was not seeing that in any other books I was reading. So it helped
1912 |1911 |02:46:17 ~-~-> 02:46:22 |me understand something on a short term basis, and it gave me something to use
1913 |1912 |02:46:22 ~-~-> 02:46:27 |and study price action with where mine, no disrespect to those individuals that
1914 |1913 |02:46:27 ~-~-> 02:46:32 |wrote that book, but I absolutely believe undeniable evidence that mine is
1915 |1914 |02:46:32 ~-~-> 02:46:37 |the highest tier of application of the idea of a stop on like I don't think
1916 |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
1917 |1916 |02:46:41 ~-~-> 02:46:45 |truthful in that show me that book, show me that art, that author, I would love
1918 |1917 |02:46:46 ~-~-> 02:46:49 |to have someone show me something better, not for the sake of competition,
1919 |1918 |02:46:49 ~-~-> 02:46:53 |because they may, they may know something that I don't know. I think
1920 |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
1921 |1920 |02:46:57 ~-~-> 02:47:02 |teaching you is how to use the top down approach and use the price delivery
1922 |1921 |02:47:02 ~-~-> 02:47:07 |continuum theory, which is whatever the higher Time Frame PD arrays have done at
1923 |1922 |02:47:07 ~-~-> 02:47:12 |a higher Time Frame chart, the lower ones should start respecting that PD
1924 |1923 |02:47:12 ~-~-> 02:47:18 |array. As you see here, we allow those wicks to color outside that. It's normal
1925 |1924 |02:47:18 ~-~-> 02:47:21 |for that to happen. But what I'm watching is, is what the what do the
1926 |1925 |02:47:21 ~-~-> 02:47:30 |bodies do? Are the bodies going beyond the PD array that I'm using to anchor my
1927 |1926 |02:47:30 ~-~-> 02:47:33 |analysis on a higher Time Frame chart? In this case, we've seen what? No, it
1928 |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.
1929 |1928 |02:47:40 ~-~-> 02:47:43 |Okay, I'll give you something else that's going to was just supposed to be
1930 |1929 |02:47:43 ~-~-> 02:47:48 |in the book. When you're looking at a fair value gap, how far can it go
1931 |1930 |02:47:48 ~-~-> 02:47:52 |outside of the range that defines that fair value gap and still be good? How
1932 |1931 |02:47:52 ~-~-> 02:47:58 |wide is the fair value gap? Because the WIC can do that range outside of it.
1933 |1932 |02:47:58 ~-~-> 02:48:02 |That's one standard deviation on the fair value Yeah, that is not changing
1934 |1933 |02:48:02 ~-~-> 02:48:05 |anything for me if it starts going above it a little bit like that. You've seen
1935 |1934 |02:48:05 ~-~-> 02:48:09 |me annotate trades. It's a mohawk. That's how I type it. It's a mohawk.
1936 |1935 |02:48:09 ~-~-> 02:48:13 |It's just a little tiny, little stray hair. Someone like when you're cutting
1937 |1936 |02:48:13 ~-~-> 02:48:16 |the grass, you're not paying attention because you're watching a Nixon neighbor
1938 |1937 |02:48:16 ~-~-> 02:48:19 |because she's in the bathing suit, and you're gonna get in trouble if your wife
1939 |1938 |02:48:19 ~-~-> 02:48:22 |catches you. You leave that little line. You like that stuff, don't you the
1940 |1939 |02:48:22 ~-~-> 02:48:25 |little line of grass that you didn't really move over perfectly, and you look
1941 |1940 |02:48:25 ~-~-> 02:48:28 |back and you're like, Oh, I gotta go back over and fix it, because you were
1942 |1941 |02:48:28 ~-~-> 02:48:30 |distracted. You weren't doing what you're supposed to do, which is follow
1943 |1942 |02:48:30 ~-~-> 02:48:34 |the process of overlapping a little bit, make sure you're not leaving any stray
1944 |1943 |02:48:34 ~-~-> 02:48:38 |hairs, or in this case, little straight areas of grass. Well, that's what the
1945 |1944 |02:48:38 ~-~-> 02:48:41 |algorithm is doing, just coloring outside the lines a little bit, but the
1946 |1945 |02:48:41 ~-~-> 02:48:46 |standard deviation of whatever that PD array or inefficiency is the fair value
1947 |1946 |02:48:46 ~-~-> 02:48:49 |gas when you're looking like this, they're refined smaller, smaller.
1948 |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.
1949 |1948 |02:48:53 ~-~-> 02:48:58 |It's going to be within the realm of whatever this fair Ray gap width is. It
1950 |1949 |02:48:58 ~-~-> 02:49:02 |can color outside the line that much. Generally, it won't do that much at all,
1951 |1950 |02:49:02 ~-~-> 02:49:05 |but that's the rule. Story, okay. Now you're not going to find that in
1952 |1951 |02:49:05 ~-~-> 02:49:11 |anything else, and today, September 6 of 2024 on YouTube, Michael J Huddleston
1953 |1952 |02:49:11 ~-~-> 02:49:15 |has given you more context around fair value gaps. Everybody's going to have it
1954 |1953 |02:49:15 ~-~-> 02:49:18 |in their mentorship now, everybody's going to have it in their courses, and
1955 |1954 |02:49:18 ~-~-> 02:49:21 |they're all going to have it real quick in the chapter in fairbaig, yes, with
1956 |1955 |02:49:21 ~-~-> 02:49:25 |her Amazon book, but you're still not getting everything. You're gonna see
1957 |1956 |02:49:25 ~-~-> 02:49:29 |that that's just small little pieces, little pieces of it. This technical
1958 |1957 |02:49:29 ~-~-> 02:49:35 |science, baby. Okay, we're not talking about checkers. So watch what happens
1959 |1958 |02:49:35 ~-~-> 02:49:39 |when we use the same watch going down into the one minute chart. Can you tell
1960 |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
1961 |1960 |02:49:44 ~-~-> 02:49:49 |said you're just obsessive. Well, you got to be, I mean, because this stuff is
1962 |1961 |02:49:49 ~-~-> 02:49:53 |boring otherwise, right? If you're not really dialed in and excited about what
1963 |1962 |02:49:53 ~-~-> 02:49:57 |it is, you're learning, how could you possibly be expected to do very, very
1964 |1963 |02:49:57 ~-~-> 02:50:01 |well with it? You're going to get quickly bored with. Say, won't you? Of
1965 |1964 |02:50:01 ~-~-> 02:50:07 |course, you will. So now look what we have here. Right away. Students of mine
1966 |1965 |02:50:07 ~-~-> 02:50:13 |that have been with me for a long time know that this is a market maker, sell
1967 |1966 |02:50:13 ~-~-> 02:50:19 |model. Where's your consolidation right here? Why are you picking that I see?
1968 |1967 |02:50:19 ~-~-> 02:50:24 |Why aren't you using this down here? Because this is all impulsive price
1969 |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
1970 |1969 |02:50:29 ~-~-> 02:50:33 |goes for the original what? What's the rules for market maker, sell model, buy
1971 |1970 |02:50:33 ~-~-> 02:50:39 |model, the original. Consolidation. That means your eyes looking for a perfect
1972 |1971 |02:50:39 ~-~-> 02:50:46 |little box of price action. Well, can you see that this to this? Those are
1973 |1972 |02:50:46 ~-~-> 02:50:52 |relatively equal lows, right? Go straight up from there. What do you
1974 |1973 |02:50:52 ~-~-> 02:50:57 |have? That's your original consolidation. Inside the original
1975 |1974 |02:50:57 ~-~-> 02:51:02 |consolidation, go back to the original rules. This is old stuff. It can drop
1976 |1975 |02:51:02 ~-~-> 02:51:05 |down slightly below that low, right there, which is what you get. And then
1977 |1976 |02:51:05 ~-~-> 02:51:09 |once it leaves it, it can touch what the original consolidation, high. Oh, that's
1978 |1977 |02:51:09 ~-~-> 02:51:18 |support, resistance, save it. Pal, expansion, up, re accumulation. I'm
1979 |1978 |02:51:18 ~-~-> 02:51:22 |sorry, first stage accumulation, re accumulation, or second stage re
1980 |1979 |02:51:22 ~-~-> 02:51:32 |accumulation, then it rallies up and creates, what smart money reversal? How
1981 |1980 |02:51:32 ~-~-> 02:51:39 |does Smart Money know to sell short at the highs like that? That was the
1982 |1981 |02:51:39 ~-~-> 02:51:44 |question I had in the 90s. I sat and looked at charts like this, and I think,
1983 |1982 |02:51:44 ~-~-> 02:51:48 |Man, I wish I could trade the Swiss Franc and get that kind of move. Man, I
1984 |1983 |02:51:48 ~-~-> 02:51:52 |wish I could trade the Deutsche Mark, which they don't trade anymore. I wish I
1985 |1984 |02:51:52 ~-~-> 02:51:54 |could get in there and trade that.
1986 |1985 |02:51:56 ~-~-> 02:52:00 |And I went in and I started breaking things down, and I met some people. And,
1987 |1986 |02:52:01 ~-~-> 02:52:06 |little things happened, okay, and some visitors come and see me. So I learned
1988 |1987 |02:52:06 ~-~-> 02:52:10 |some things, let's put it that way. And what I learned is what you think about,
1989 |1988 |02:52:10 ~-~-> 02:52:16 |what the markets are doing or not in at all doing that. So by having what is
1990 |1989 |02:52:16 ~-~-> 02:52:20 |really going on versus how I can communicate that in a price chart,
1991 |1990 |02:52:20 ~-~-> 02:52:24 |that's what you're seeing here. You don't need the smart money reversal. And
1992 |1991 |02:52:24 ~-~-> 02:52:28 |that's exactly what I taught when I was teaching my market maker buy and sell
1993 |1992 |02:52:28 ~-~-> 02:52:36 |models, which is absolutely not like off. It is not now the idea the infancy
1994 |1993 |02:52:36 ~-~-> 02:52:40 |of white cough, if you study just the beginning parts of that stuff. Don't get
1995 |1994 |02:52:40 ~-~-> 02:52:47 |caught up in all the other garbage, but the overall markup aspect and then the
1996 |1995 |02:52:47 ~-~-> 02:52:52 |selling off of it, that is a market truism. It has nothing to do with white
1997 |1996 |02:52:52 ~-~-> 02:52:56 |cough. Has nothing to do with ICT. That's just the way markets do. They go
1998 |1997 |02:52:56 ~-~-> 02:53:01 |up and they go down, they rally up and they sell off like anything else. When
1999 |1998 |02:53:01 ~-~-> 02:53:08 |the market is hot for for homes, it goes up. All the prices keep going up. Who
2000 |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
2001 |2000 |02:53:12 ~-~-> 02:53:17 |realtor, they'll say, This is what the comps are in your area. And what do you
2002 |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
2003 |2002 |02:53:25 ~-~-> 02:53:32 |more than I asked for. And then another house just sold. Last was it march for
2004 |2003 |02:53:32 ~-~-> 02:53:36 |more than my money, or for more, I'm sorry, for the amount of money more than
2005 |2004 |02:53:36 ~-~-> 02:53:40 |I sold. And my house had more stuff. My house was the biggest one in
2006 |2005 |02:53:40 ~-~-> 02:53:45 |development, and had more things done to it inside, and they sold it for almost
2007 |2006 |02:53:45 ~-~-> 02:53:52 |$100,000 more than mine, but I just wanted to unload it, and you set the
2008 |2007 |02:53:52 ~-~-> 02:53:59 |price for your home when you're trying to sell it. Who owns the market? That's
2009 |2008 |02:53:59 ~-~-> 02:54:04 |a question is going to keep you up at night. Who owns the market? You're never
2010 |2009 |02:54:04 ~-~-> 02:54:13 |going to meet them. You are never going to meet that entity. You all think it's
2011 |2010 |02:54:13 ~-~-> 02:54:17 |a it's a combination of everybody comes together and we're buying and selling,
2012 |2011 |02:54:17 ~-~-> 02:54:23 |and that's the market. Oh, crap. That is not it. They're just creating a watering
2013 |2012 |02:54:23 ~-~-> 02:54:30 |hole. And when everybody comes to the watering hole to get a drink, that's
2014 |2013 |02:54:30 ~-~-> 02:54:35 |when people eat, when they're predators and they want to take down something for
2015 |2014 |02:54:35 ~-~-> 02:54:41 |food, because they need meat. In this world, in the financial market. Money is
2016 |2015 |02:54:41 ~-~-> 02:54:49 |meat. That's how you sustain yourself. You eat the best. So if you can entice
2017 |2016 |02:54:49 ~-~-> 02:54:53 |the richest people in the world and the biggest conglomerates in the world that
2018 |2017 |02:54:53 ~-~-> 02:54:57 |want to speculate as well, you create a warning hole for them to do that, and
2019 |2018 |02:54:57 ~-~-> 02:55:03 |then you eat you. Uh, that's what the market's for. Anybody tells you anything
2020 |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
2021 |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
2022 |2021 |02:55:19 ~-~-> 02:55:28 |the opening range of 930, to 10 o'clock. So we now have the market trading inside
2023 |2022 |02:55:28 ~-~-> 02:55:34 |of our fair value gap, but now that's the first time can trade there. So
2024 |2023 |02:55:34 ~-~-> 02:55:38 |anyone that wants to go short just as because it rallies up higher, like that,
2025 |2024 |02:55:39 ~-~-> 02:55:45 |you gotta wait. Just give it a chance. Give it a chance to let people go after
2026 |2025 |02:55:45 ~-~-> 02:55:50 |it, because it's the second mouse that gets the cheese. See, this is the cheese
2027 |2026 |02:55:50 ~-~-> 02:55:55 |right here. It's baited. That's the area that everybody would want to get if they
2028 |2027 |02:55:55 ~-~-> 02:55:58 |understood what I'm teaching. They want to get that price level. It's real high.
2029 |2028 |02:55:58 ~-~-> 02:56:02 |It's nice, but they don't understand the market maker, sell, model, which is
2030 |2029 |02:56:03 ~-~-> 02:56:07 |consolidation, maybe a stop hunt. Initially rallies touch the original
2031 |2030 |02:56:07 ~-~-> 02:56:17 |consolidation. Rally higher, accumulate, second stage re accumulation. Then it
2032 |2031 |02:56:17 ~-~-> 02:56:21 |rallies and takes out a higher, high, right there. It's coloring outside. We
2033 |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
2034 |2033 |02:56:24 ~-~-> 02:56:27 |five minute chart. There was wicks up here, right? That's what these bodies
2035 |2034 |02:56:27 ~-~-> 02:56:34 |are on a one minute chart that is completely permissible. We're not going
2036 |2035 |02:56:34 ~-~-> 02:56:39 |to look at the bodies of a one minute time frame when the higher Time Frame,
2037 |2036 |02:56:40 ~-~-> 02:56:46 |hourly, 15 minute and five minute are showing just the wicks the one minute
2038 |2037 |02:56:46 ~-~-> 02:56:51 |charts going to have bodies there, just like when you're looking at a one minute
2039 |2038 |02:56:51 ~-~-> 02:56:55 |chart, if you look at the wick on this candlestick here, go down to a 15 second
2040 |2039 |02:56:55 ~-~-> 02:56:59 |or five second chart, you're going to see bodies on that Time Frame. It's
2041 |2040 |02:56:59 ~-~-> 02:57:05 |completely reasonable to expect that. But watch when price takes out this high
2042 |2041 |02:57:05 ~-~-> 02:57:11 |here, and we're inside this area as well. I want to be selling short. I want
2043 |2042 |02:57:11 ~-~-> 02:57:17 |to get short in there. I want to add more, if it can afford me, outside the
2044 |2043 |02:57:17 ~-~-> 02:57:22 |coloring of that shaded area that that's premium pricing, like, that's really
2045 |2044 |02:57:22 ~-~-> 02:57:26 |good. That's like, you selling your house for $100,000 more than what you
2046 |2045 |02:57:26 ~-~-> 02:57:31 |were originally aiming to do. Who's gonna who's gonna be mad about that?
2047 |2046 |02:57:31 ~-~-> 02:57:37 |Nobody is. And so since I'm aiming for something in this area here, and
2048 |2047 |02:57:37 ~-~-> 02:57:40 |targeting all the way down to that black line right there, in my mind, I'm
2049 |2048 |02:57:40 ~-~-> 02:57:45 |thinking, this is the beginning. This is the inception of the trade, and this is
2050 |2049 |02:57:45 ~-~-> 02:57:50 |my Terminus down here. I don't care what this is all going to require of me,
2051 |2050 |02:57:50 ~-~-> 02:57:54 |because I'm not going to chase my stop loss throughout all that range. I'm
2052 |2051 |02:57:54 ~-~-> 02:57:58 |going to wait for logical price points, and then once I place my stop I'm going
2053 |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
2054 |2053 |02:58:03 ~-~-> 02:58:07 |is this level down here. That's the low of that fair value gap on the daily
2055 |2054 |02:58:07 ~-~-> 02:58:14 |chart. So now, when we have this Smart Money reversal, you don't need that wait
2056 |2055 |02:58:14 ~-~-> 02:58:17 |for it to break in market structure. That's what you get with this little
2057 |2056 |02:58:17 ~-~-> 02:58:21 |high here. I'm sorry, this low, we get it right there, and then we trade back
2058 |2057 |02:58:21 ~-~-> 02:58:25 |up into what the order block, where's changing state of delivery on that, that
2059 |2058 |02:58:25 ~-~-> 02:58:31 |opening price on that candlestick, right there, oh, there. Pulled my plug, my
2060 |2059 |02:58:31 ~-~-> 02:58:40 |laptop in. I went past the the battery life here. Give me a second. This is a
2061 |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
2062 |2061 |02:58:47 ~-~-> 02:58:52 |think. You ain't my student. I don't care to read your comments. And that's
2063 |2062 |02:58:52 ~-~-> 02:59:01 |broom you. So if this is in fact, correct, any little retracements up
2064 |2063 |02:59:01 ~-~-> 02:59:07 |should not take out this high and our premium rate, it's inside this as well,
2065 |2064 |02:59:07 ~-~-> 02:59:13 |like this order block that price is what you see me annotating in the recording.
2066 |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
2067 |2066 |02:59:21 ~-~-> 02:59:25 |stream. I promise you, I will take two weeks off of live streaming, and I won't
2068 |2067 |02:59:25 ~-~-> 02:59:30 |come back until then, because this is stuff that I absolutely never, ever,
2069 |2068 |02:59:30 ~-~-> 02:59:35 |ever wanted to teach, and it's just that little little thank you from you all you
2070 |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
2071 |2070 |02:59:40 ~-~-> 02:59:43 |get there, I won't live stream. It'll all be pre recorded
2072 |2071 |02:59:45 ~-~-> 02:59:46 |stuff. Oh, you're a jerk.
2073 |2072 |02:59:47 ~-~-> 02:59:52 |It's free, bro. So anyway, the opening price here extend that forward. Every
2074 |2073 |02:59:52 ~-~-> 02:59:59 |time we worked inside that, see that, what is it doing? It's.
2075 |2074 |03:00:00 ~-~-> 03:00:05 |ICT: Building up positions inside the lower half of this candlestick. But
2076 |2075 |03:00:05 ~-~-> 03:00:10 |there's no algorithm, right? How do we use PD arrays? If it's a premium array,
2077 |2076 |03:00:10 ~-~-> 03:00:14 |we want to see the lower half of it utilized in the upper half, ideally not
2078 |2077 |03:00:14 ~-~-> 03:00:18 |touched. That's that point here. I'm referencing that. Go watch a video. Go
2079 |2078 |03:00:18 ~-~-> 03:00:23 |watch it at point two, five speed. You'll see me annotating, saying it's
2080 |2079 |03:00:23 ~-~-> 03:00:27 |working the lower half of the discount portion, and it's under the mean
2081 |2080 |03:00:27 ~-~-> 03:00:33 |threshold. Mean threshold is a reference point to a a range, like that order
2082 |2081 |03:00:33 ~-~-> 03:00:37 |block, or it's kind of like equilibrium, but when we're talking about a specific
2083 |2082 |03:00:37 ~-~-> 03:00:42 |candle, it's mean threshold in order. It's it's threshold for any type of
2084 |2083 |03:00:42 ~-~-> 03:00:47 |retracements in and still being valid should be, if you're bearish, up close
2085 |2084 |03:00:47 ~-~-> 03:00:52 |candles at the halfway point and lower. That's where all of your institutional
2086 |2085 |03:00:52 ~-~-> 03:00:56 |buying and selling is going to be weighed on. In this case, we have up
2087 |2086 |03:00:56 ~-~-> 03:01:00 |close candles. That's a bearish order block that's validated on this
2088 |2087 |03:01:00 ~-~-> 03:01:05 |candlestick right here. Soon as we pass below that opening price there, let me
2089 |2088 |03:01:05 ~-~-> 03:01:09 |slow down here, because I know what's happening right now. You are brand new,
2090 |2089 |03:01:09 ~-~-> 03:01:12 |and you're probably hearing this stuff. You're like, What in the hell is this
2091 |2090 |03:01:12 ~-~-> 03:01:20 |guy talking about? I'm not your entry level educator. My assumptions are that
2092 |2091 |03:01:20 ~-~-> 03:01:24 |you've gone through a lot of the market maker primer course that's on my YouTube
2093 |2092 |03:01:24 ~-~-> 03:01:29 |channel. If you go through that, that'll that'll give you a little bit of
2094 |2093 |03:01:29 ~-~-> 03:01:36 |foundation. But starting here is good doing all the old stuff and saying I'm
2095 |2094 |03:01:36 ~-~-> 03:01:40 |gonna go and watch your 2024 you're really missing the opportunity seeing it
2096 |2095 |03:01:40 ~-~-> 03:01:43 |stuff live, because you're going to regret not being here when when it
2097 |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
2098 |2097 |03:01:48 ~-~-> 03:01:52 |bearish, we have that bearish order block validated here. So that means,
2099 |2098 |03:01:52 ~-~-> 03:01:57 |from that opening price, anything above that is a potential entry, but ideally
2100 |2099 |03:01:57 ~-~-> 03:02:01 |it should never go above the halfway point, which is mean threshold. See how
2101 |2100 |03:02:01 ~-~-> 03:02:05 |it's doing that it's staying away from that. That was signaling to me. That's
2102 |2101 |03:02:05 ~-~-> 03:02:10 |why you see me adding more in there. I'm literally confident, like I could run
2103 |2102 |03:02:10 ~-~-> 03:02:14 |through a brick wall. I know what I'm looking for, and I know exactly what I
2104 |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,
2105 |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
2106 |2105 |03:02:24 ~-~-> 03:02:28 |liquidity, and I facetiously troll in the comments as it's happening, because
2107 |2106 |03:02:28 ~-~-> 03:02:33 |they'll say this is selling pressure. It's not the market is pausing in here,
2108 |2107 |03:02:34 ~-~-> 03:02:38 |and it's all time distortion. Time distortion is where the market's being
2109 |2108 |03:02:38 ~-~-> 03:02:45 |held in a holding pattern, and it's being used to allow entities that you
2110 |2109 |03:02:45 ~-~-> 03:02:52 |are not going to see doing what I'm doing, what I'm teaching, they're never
2111 |2110 |03:02:52 ~-~-> 03:02:55 |going to teach that stuff. I had to create a language to get as close as I
2112 |2111 |03:02:55 ~-~-> 03:02:59 |could to teach what's really going on here. And you can toss that out. You can
2113 |2112 |03:02:59 ~-~-> 03:03:02 |say, there, okay, that story's not real. There's no algorithm, none of that
2114 |2113 |03:03:02 ~-~-> 03:03:07 |stuff. Okay, do that if that's what it helps you, but if you can see it
2115 |2114 |03:03:07 ~-~-> 03:03:12 |conceptually with my language, that's all I'm really trying to do. I just want
2116 |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
2117 |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
2118 |2117 |03:03:20 ~-~-> 03:03:24 |at because I'd get pissed off when people try to discount my entire life's
2119 |2118 |03:03:24 ~-~-> 03:03:28 |work and what the Lord laid in my hands, because I would not know this if it
2120 |2119 |03:03:28 ~-~-> 03:03:35 |wasn't for him, period. Okay, trust me, might tell you that is it, and there is
2121 |2120 |03:03:35 ~-~-> 03:03:39 |no teacher except for him. He's the mentor. So that's the real ghost of the
2122 |2121 |03:03:39 ~-~-> 03:03:49 |machine. So if we have this candlestick, the halfway point below it, between its
2123 |2122 |03:03:49 ~-~-> 03:03:54 |opening price and halfway, all of this is potential areas where you could take
2124 |2123 |03:03:54 ~-~-> 03:04:02 |a short entry and your stop loss can be used with this order block. Or we can
2125 |2124 |03:04:02 ~-~-> 03:04:07 |use this high here, depending upon what your your risk model and your account
2126 |2125 |03:04:07 ~-~-> 03:04:13 |size affords. Okay, so we'll take this off now, and that validates the order
2127 |2126 |03:04:13 ~-~-> 03:04:18 |block right there. We'll take that off, just trying to keep it clean. And now
2128 |2127 |03:04:18 ~-~-> 03:04:28 |what I'm going to do is I'm going to add the executions, and suddenly everything
2129 |2128 |03:04:28 ~-~-> 03:04:33 |changes, because we see this a new market replay right here. Bro, can't do
2130 |2129 |03:04:33 ~-~-> 03:04:37 |that Market Replay. Okay, oh, there's, there's buttons missing. I'm gonna put
2131 |2130 |03:04:37 ~-~-> 03:04:41 |them back on here, because it'll come out. So he didn't have the buttons up
2132 |2131 |03:04:41 ~-~-> 03:04:45 |there. It was Market Replay. You can't see those up here in Market Replay. And
2133 |2132 |03:04:45 ~-~-> 03:04:49 |so if you're seeing their own executions, there they were live
2134 |2133 |03:04:49 ~-~-> 03:04:55 |executions. Look at the price right there. I'm I know I'm getting real
2135 |2134 |03:04:55 ~-~-> 03:04:59 |premium pricing here because I'm outside of that fair value gap above this a.
2136 |2135 |03:05:00 ~-~-> 03:05:04 |Above this high this is turtle suit. This is where Smart Money does the smart
2137 |2136 |03:05:04 ~-~-> 03:05:15 |money short market maker, sell model. Smart Money short, low risk, sell order
2138 |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
2139 |2138 |03:05:23 ~-~-> 03:05:30 |targeting right in here, in this wick. I was trying to time it as it was, inside
2140 |2139 |03:05:30 ~-~-> 03:05:33 |the halfway point of the end at top of that Fairbank, that's I was aiming for,
2141 |2140 |03:05:33 ~-~-> 03:05:36 |but it slipped away from me because it's on a lower time frame on that chart.
2142 |2141 |03:05:36 ~-~-> 03:05:40 |That's what I was doing there. And then over here, you can see we're adding,
2143 |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.
2144 |2143 |03:05:52 ~-~-> 03:05:57 |And I said the market will aggressively reprice down there, because the
2145 |2144 |03:05:57 ~-~-> 03:06:01 |algorithm is not going to want them to pull their orders. Anyone that's long
2146 |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
2147 |2146 |03:06:04 ~-~-> 03:06:08 |you didn't what kind of liquidity would be resting below here? Sell stops
2148 |2147 |03:06:08 ~-~-> 03:06:12 |because they're long and they're protecting their lungs by putting a stop
2149 |2148 |03:06:12 ~-~-> 03:06:15 |loss below an old low because the books tell them that's where they should put
2150 |2149 |03:06:15 ~-~-> 03:06:19 |their stop loss. I love the fact that the books tell them that. I love that
2151 |2150 |03:06:19 ~-~-> 03:06:23 |these 20 year old mentors and these old code hats that tell you that's how you
2152 |2151 |03:06:23 ~-~-> 03:06:27 |should trade. This is where you put your stop loss at, please continuously keep
2153 |2152 |03:06:27 ~-~-> 03:06:33 |doing that, as long as we keep seeing this regurgitated archaic logic and and
2154 |2153 |03:06:33 ~-~-> 03:06:39 |things that people should be doing in a in an industry where 90% of people that
2155 |2154 |03:06:39 ~-~-> 03:06:43 |use that stuff lose, okay, keep doing that stuff, and then you'll never need
2156 |2155 |03:06:43 ~-~-> 03:06:48 |to lose any sleep about this stuff, ever not working in the future. So this low
2157 |2156 |03:06:49 ~-~-> 03:06:54 |here, you see me annotate that, and then you see oops, put that back up here you
2158 |2157 |03:06:54 ~-~-> 03:07:02 |see me, and I take Good grief, Michael, I'm charting drunk. You're under the
2159 |2158 |03:07:02 ~-~-> 03:07:07 |influence of goofballs. There we are. Now you're starting to look like
2160 |2159 |03:07:07 ~-~-> 03:07:11 |yourself here, buddy. So below here, sell side, and below here, sell side.
2161 |2160 |03:07:11 ~-~-> 03:07:15 |And then we have the original consolidation here. So that would be you
2162 |2161 |03:07:15 ~-~-> 03:07:22 |aim for a run below here. Okay, so there's where your pools of liquidity
2163 |2162 |03:07:22 ~-~-> 03:07:26 |are and how the market will draw to them respectively. So you see it drop down.
2164 |2163 |03:07:26 ~-~-> 03:07:32 |That's wonderful. And then this is your first stage distribution of the cell
2165 |2164 |03:07:32 ~-~-> 03:07:42 |model. Watch my core content in the 2017 playlist. I actually teach this stuff
2166 |2165 |03:07:42 ~-~-> 03:07:47 |here in that mentorship. It's all for free on my YouTube channel. You don't
2167 |2166 |03:07:47 ~-~-> 03:07:50 |need to pay for any of that stuff. Stop buying my stuff from other people. Okay,
2168 |2167 |03:07:50 ~-~-> 03:07:53 |because you're literally paying for something like put on my YouTube channel
2169 |2168 |03:07:53 ~-~-> 03:07:56 |for free. So this is a first stage distribution, and then this is second
2170 |2169 |03:07:56 ~-~-> 03:08:01 |stage distribution. Second Stage distribution is your unicorn. It is so
2171 |2170 |03:08:01 ~-~-> 03:08:06 |quick, it's so powerful. It's the one that you're looking for in every trade.
2172 |2171 |03:08:06 ~-~-> 03:08:11 |That you're looking for moving higher or lower. If you can identify my market
2173 |2172 |03:08:11 ~-~-> 03:08:15 |maker sell model or or bond model, if you trade the second stage
2174 |2173 |03:08:15 ~-~-> 03:08:19 |redistribution, that means you're selling short. Or if you're buying the
2175 |2174 |03:08:19 ~-~-> 03:08:23 |second stage re accumulation. That means you're going long. You are going to get
2176 |2175 |03:08:23 ~-~-> 03:08:28 |the biggest, the fastest, the beautiful, easy hold trade that you're looking for.
2177 |2176 |03:08:29 ~-~-> 03:08:33 |Everybody knows these relative equal lows are there, but not everybody sees
2178 |2177 |03:08:33 ~-~-> 03:08:38 |the framework that causes this to be second stage distribution. What's this?
2179 |2178 |03:08:41 ~-~-> 03:08:45 |It's a discount wick. But what happens if you're below it, it becomes, what a
2180 |2179 |03:08:45 ~-~-> 03:08:56 |premium wick? Boom. How hard can it go above that? Well, you have a little bit
2181 |2180 |03:08:56 ~-~-> 03:09:01 |of an efficiency here, but then you're met with what Balanced range this wick,
2182 |2181 |03:09:01 ~-~-> 03:09:06 |previous wick, previous wick. All this is balanced, so it's trading up into it,
2183 |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
2184 |2183 |03:09:09 ~-~-> 03:09:16 |right there, turn around, bro, and then rolls over. Where's it? Aiming for
2185 |2184 |03:09:16 ~-~-> 03:09:19 |original consolidation. What's below these relative equal loads, sell side.
2186 |2185 |03:09:20 ~-~-> 03:09:25 |Okay, wonderful. But what happens if you just have a little bit more expected for
2187 |2186 |03:09:25 ~-~-> 03:09:29 |lower prices, like I did, like I was telling you earlier in the week that we
2188 |2187 |03:09:29 ~-~-> 03:09:32 |were going to look for this fair value gap on the daily chart that's defined by
2189 |2188 |03:09:32 ~-~-> 03:09:33 |this blue line here
2190 |2189 |03:09:36 ~-~-> 03:09:40 |in that black line that I made darker because I wanted to see that was on
2191 |2190 |03:09:40 ~-~-> 03:09:47 |target. You hold this one, but you can't trail your stop loss up to this high.
2192 |2191 |03:09:47 ~-~-> 03:09:52 |You can't do that. So if you watch the recording, you'll see me outline the
2193 |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
2194 |2193 |03:09:56 ~-~-> 03:10:00 |too, and I gave you the lower half. I said, I want to see price, state. Below
2195 |2194 |03:10:00 ~-~-> 03:10:03 |that, go watch the video, because I'm going to make this video much, much
2196 |2195 |03:10:03 ~-~-> 03:10:05 |longer than it needs to be by doing something that's already shown in the
2197 |2196 |03:10:05 ~-~-> 03:10:11 |video, because I'm actually typing out and see it and read it. So the market,
2198 |2197 |03:10:11 ~-~-> 03:10:19 |in fact, does drop down and starts consolidating. And that low, I told you,
2199 |2198 |03:10:19 ~-~-> 03:10:24 |in the playback that is the constant encroachment of this gap between this
2200 |2199 |03:10:25 ~-~-> 03:10:32 |level here, in here, and I'll show you, let's use this opening proximity. Boom.
2201 |2200 |03:10:32 ~-~-> 03:10:38 |Look at the body, respecting that. See that that's algorithmic, and that's what
2202 |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
2203 |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
2204 |2203 |03:10:45 ~-~-> 03:10:48 |said on Twitter a long time ago or recently, or maybe I ran into something
2205 |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,
2206 |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
2207 |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
2208 |2207 |03:11:01 ~-~-> 03:11:06 |actually doing it, like I'm doing it, and I'm explaining the logic how you can
2209 |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
2210 |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
2211 |2210 |03:11:14 ~-~-> 03:11:18 |find these things yourself. Because it's fascinating to me when I get feedback in
2212 |2211 |03:11:18 ~-~-> 03:11:21 |the comment sections and I don't read my emails anymore because there's too many
2213 |2212 |03:11:21 ~-~-> 03:11:25 |of them, but usually in the comment section is people are like, this is
2214 |2213 |03:11:25 ~-~-> 03:11:30 |wild. Like, this is really wild to see this precision. If this keeps happening,
2215 |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
2216 |2215 |03:11:35 ~-~-> 03:11:41 |other people in the industry that I talk to, I set for students. I love the
2217 |2216 |03:11:41 ~-~-> 03:11:45 |feedback, because I live vicariously through all of you all over again,
2218 |2217 |03:11:45 ~-~-> 03:11:49 |because you're experiencing what I experienced. And after 30 years, you're
2219 |2218 |03:11:49 ~-~-> 03:11:53 |not really, you're not impressed with it to the degree that I feel all over
2220 |2219 |03:11:53 ~-~-> 03:11:57 |again, because I see that splash over of excitement, because you're finding it in
2221 |2220 |03:11:57 ~-~-> 03:12:01 |your own charts you're seeing. And you you test it out, and you're like, This
2222 |2221 |03:12:01 ~-~-> 03:12:04 |did exactly right, exactly. And it's laughable when they say the market's not
2223 |2222 |03:12:04 ~-~-> 03:12:09 |algorithmic or controlled by a price delivery mechanism that is absolutely
2224 |2223 |03:12:09 ~-~-> 03:12:13 |predetermined. It's scripted. That's the part you don't understand. That's why
2225 |2224 |03:12:13 ~-~-> 03:12:17 |it's laughable that says it's buying and selling pressure, because from here it's
2226 |2225 |03:12:17 ~-~-> 03:12:23 |going to drop down to to that low, and how many contracts need to be sold short
2227 |2226 |03:12:23 ~-~-> 03:12:27 |to do that? Not as many as you might think. It just needs one every time the
2228 |2227 |03:12:27 ~-~-> 03:12:32 |new price has been offered, just like you can't sell your house. You're trying
2229 |2228 |03:12:32 ~-~-> 03:12:35 |to sell your house up here at this price. Nobody's buying. Nobody's even
2230 |2229 |03:12:35 ~-~-> 03:12:38 |coming to see it. No viewings, all right, let's drop it down $10,000
2231 |2230 |03:12:38 ~-~-> 03:12:42 |nobody's still doing a viewing. Alright? Let's start. Let's drop it down to
2232 |2231 |03:12:42 ~-~-> 03:12:46 |25,000 less. Nobody's coming to see it. Oh, well, you know, let's keep dropping
2233 |2232 |03:12:46 ~-~-> 03:12:51 |it lower. And then all of a sudden, what happens? You start getting people that
2234 |2233 |03:12:51 ~-~-> 03:12:55 |want to do buy it. They're coming to view it, right? But they're not buying
2235 |2234 |03:12:55 ~-~-> 03:12:59 |it. Technically, you just want to see it, so that's what you're seeing, people
2236 |2235 |03:12:59 ~-~-> 03:13:02 |buying it. Then that means you can book a lower price and sell. There's always
2237 |2236 |03:13:02 ~-~-> 03:13:05 |people coming in the marketplace that want to buy and sell at the market, and
2238 |2237 |03:13:05 ~-~-> 03:13:09 |they only need that one contract transaction. You are not seeing the
2239 |2238 |03:13:09 ~-~-> 03:13:12 |effects of price moving higher and lower to these levels, because it's buying and
2240 |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
2241 |2240 |03:13:16 ~-~-> 03:13:22 |on earth is everything balancing perfectly to my PD arrays, to the very
2242 |2241 |03:13:22 ~-~-> 03:13:25 |levels that random buying and selling pressure that everybody has all these
2243 |2242 |03:13:25 ~-~-> 03:13:29 |different methodologies. Everybody's doing something different, folks. But
2244 |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
2245 |2244 |03:13:33 ~-~-> 03:13:37 |constant here what I'm teaching you, because what I'm teaching you is the
2246 |2245 |03:13:37 ~-~-> 03:13:41 |market. It is the actual market. It is the source code, as close as I can take
2247 |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
2248 |2247 |03:13:46 ~-~-> 03:13:49 |want to be a computer programmer, you won't get done once you're a programmer.
2249 |2248 |03:13:49 ~-~-> 03:13:53 |So anyway, sell side here, it aims for that. And then small little
2250 |2249 |03:13:53 ~-~-> 03:13:58 |consolidation in here, what's it doing? It's affording traders to do what the
2251 |2250 |03:13:58 ~-~-> 03:14:02 |people that know that's going to trade for this level here and below here,
2252 |2251 |03:14:02 ~-~-> 03:14:10 |it'll ask them to go short, but it's denying what harmonic traders, ratio,
2253 |2252 |03:14:10 ~-~-> 03:14:17 |traders, imbalance, traders support, Turn resistance. Traders can't get on
2254 |2253 |03:14:17 ~-~-> 03:14:26 |board. Lower again, attacking that sell side. Why? Because they don't want the
2255 |2254 |03:14:26 ~-~-> 03:14:28 |individuals that are long to pull their orders and get out of their long
2256 |2255 |03:14:28 ~-~-> 03:14:33 |position, because that means their stock disappears. So the algorithm is re
2257 |2256 |03:14:33 ~-~-> 03:14:39 |delivering to that price level. It's coded to do this. This is script. It's a
2258 |2257 |03:14:39 ~-~-> 03:14:44 |macro. It's something it's a short list of of orders and directives for the
2259 |2258 |03:14:44 ~-~-> 03:14:48 |price engine to say, Okay, I'm going to quickly reprice lower. Quickly. I'm
2260 |2259 |03:14:48 ~-~-> 03:14:51 |going to keep offering price lower, lower, lower. It doesn't matter how many
2261 |2260 |03:14:51 ~-~-> 03:14:55 |people are buying. It doesn't matter how many contracts are being traded to go
2262 |2261 |03:14:55 ~-~-> 03:15:00 |long. It doesn't matter that does not matter, folks. I'm. And I know I could
2263 |2262 |03:15:00 ~-~-> 03:15:03 |be out here every single day for the rest of my life, and there's still going
2264 |2263 |03:15:03 ~-~-> 03:15:08 |to be people out here arguing. And to me, it That's fascinating. To me, the
2265 |2264 |03:15:08 ~-~-> 03:15:12 |level of denial was unbelievable. Find somebody that can do it like this,
2266 |2265 |03:15:12 ~-~-> 03:15:15 |explain it to you beforehand, using buying and selling pressure, because
2267 |2266 |03:15:15 ~-~-> 03:15:18 |you're not going to find that. You can't find anybody with market profile and and
2268 |2267 |03:15:18 ~-~-> 03:15:21 |be wopp, they're not going to explain every fluctuation like this, and
2269 |2268 |03:15:21 ~-~-> 03:15:25 |ensures, hell, I'm going to position entries like this. They're not going to
2270 |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
2271 |2270 |03:15:32 ~-~-> 03:15:39 |this junction where you place your faith in the fact that there's consistency,
2272 |2271 |03:15:39 ~-~-> 03:15:42 |there's logic being shown, and it's transferable knowledge. You don't have
2273 |2272 |03:15:42 ~-~-> 03:15:47 |to subscribe to the algorithm, you don't have to subscribe to the men in black.
2274 |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
2275 |2274 |03:15:51 ~-~-> 03:15:57 |that. But what is price telling? Because that's really what matters, the time of
2276 |2275 |03:15:57 ~-~-> 03:16:01 |day and the open, high, low and close, if you understand that and the basis of
2277 |2276 |03:16:01 ~-~-> 03:16:08 |inefficiency and liquidity, you you don't need anything else. You don't need
2278 |2277 |03:16:08 ~-~-> 03:16:13 |anything else. You don't need any kind of overlaid indicators, none that stuff.
2279 |2278 |03:16:13 ~-~-> 03:16:20 |You'll be able to see everything as it really is, all right. So that completes
2280 |2279 |03:16:20 ~-~-> 03:16:24 |that day here. And I mentioned, like, I said, I could have very easily disclosed
2281 |2280 |03:16:24 ~-~-> 03:16:27 |the trade right here, because it's hitting constant encroachment, and it
2282 |2281 |03:16:27 ~-~-> 03:16:30 |would have been just a little bit above it for my limit order to trade there if
2283 |2282 |03:16:30 ~-~-> 03:16:35 |all I wanted to do was get the low of yesterday. Look, we're not look where
2284 |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
2285 |2284 |03:16:40 ~-~-> 03:16:45 |a market order while watching price action. I didn't, I didn't limit in I
2286 |2285 |03:16:45 ~-~-> 03:16:49 |was marketing in it. Watch the recordings. I'm proving to you, because
2287 |2286 |03:16:49 ~-~-> 03:16:53 |I could have done limit orders and did better entries, but I had to do these
2288 |2287 |03:16:53 ~-~-> 03:16:57 |hot buttons over here, because I'm constantly proving that it's not Market
2289 |2288 |03:16:57 ~-~-> 03:17:00 |Replay. Because I love shitting on all these people that come in my comment
2290 |2289 |03:17:00 ~-~-> 03:17:03 |section, and I'm sure on social media other places are probably talking kind
2291 |2290 |03:17:03 ~-~-> 03:17:06 |of snack, but I just killed them today. I literally just killed them. Made
2292 |2291 |03:17:09 ~-~-> 03:17:17 |$100,000 in four days. Bro. Poppy ICT, yeah, that's good. Everybody likes to
2293 |2292 |03:17:17 ~-~-> 03:17:21 |take the long way around, but this is the low of the day. I could very easily
2294 |2293 |03:17:21 ~-~-> 03:17:23 |sold short here and bought that. And that's the high level that what
2295 |2294 |03:17:24 ~-~-> 03:17:27 |discipline out there is going to teach you that nothing else, absolutely
2296 |2295 |03:17:27 ~-~-> 03:17:34 |nothing else. So I'm going to ride this out and all this consolidation here. I
2297 |2296 |03:17:34 ~-~-> 03:17:39 |wanted to, admittedly, I wanted to add in pyramid here, but I wanted to prove
2298 |2297 |03:17:39 ~-~-> 03:17:44 |that my stop loss claimant was like, Grandmaster level, like, there is nobody
2299 |2298 |03:17:44 ~-~-> 03:17:48 |out there going to have the logic that I'm able to keep teach you and use,
2300 |2299 |03:17:48 ~-~-> 03:17:52 |like, I'm using it. I'm not just form fitting into things. I'm literally
2301 |2300 |03:17:52 ~-~-> 03:17:57 |teaching the logic and then implementing it. That's what mentoring is. Mentoring
2302 |2301 |03:17:57 ~-~-> 03:18:04 |is being able to find the concept that is easily transferable, provide the
2303 |2302 |03:18:04 ~-~-> 03:18:08 |logic it may be hard to see and understand the beginning, but then see
2304 |2303 |03:18:08 ~-~-> 03:18:15 |examples of this supposed teacher or mentor utilizing it, utilizing it in a
2305 |2304 |03:18:15 ~-~-> 03:18:19 |manner that is undeniable. And when I talk about things in the high time frame
2306 |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
2307 |2306 |03:18:23 ~-~-> 03:18:26 |I wanted to see it trade down to that fair value daily chart. And then it
2308 |2307 |03:18:27 ~-~-> 03:18:31 |happens today. There are moments of astonishment that you need as a student,
2309 |2308 |03:18:31 ~-~-> 03:18:34 |whether you're learning from me or anybody else, because if you're not
2310 |2309 |03:18:34 ~-~-> 03:18:39 |getting a steady diet of that wow factor, you're probably listening to
2311 |2310 |03:18:39 ~-~-> 03:18:43 |someone that's a fraud. You're probably learning something that isn't going to
2312 |2311 |03:18:43 ~-~-> 03:18:46 |work for you. You're probably not going to be successful at whatever you're
2313 |2312 |03:18:46 ~-~-> 03:18:49 |wasting your time with. But when you see it being utilized, and you have all
2314 |2313 |03:18:49 ~-~-> 03:18:52 |these other people around the world that are using the same stuff, and they're
2315 |2314 |03:18:52 ~-~-> 03:18:56 |getting profits with it, and they're attributing it to what you're learning
2316 |2315 |03:18:56 ~-~-> 03:18:59 |right now, and they're learning right now too. They're excited. They got notes
2317 |2316 |03:18:59 ~-~-> 03:19:03 |going in their journals, just as fast as you are. Her head swirling around, new
2318 |2317 |03:19:03 ~-~-> 03:19:06 |questions being answered, all kinds of things opening up with new logic and new
2319 |2318 |03:19:06 ~-~-> 03:19:14 |models they're never imagined before. And this is still nothing. This is
2320 |2319 |03:19:14 ~-~-> 03:19:19 |nothing. This is nothing anyway. And then we had the previous New Day opening
2321 |2320 |03:19:19 ~-~-> 03:19:22 |gaps in here. I told you about that, and look what they did here. Look at the
2322 |2321 |03:19:22 ~-~-> 03:19:26 |look at the look at this. This is what I really got excited about last night. We
2323 |2322 |03:19:26 ~-~-> 03:19:30 |you watch it on the recording where they wicked up in the last hour yesterday.
2324 |2323 |03:19:30 ~-~-> 03:19:34 |Look at this, right at the last portion of daily range,
2325 |2324 |03:19:35 ~-~-> 03:19:42 |boom. Why would they want to do that? Why on earth would the market want to do
2326 |2325 |03:19:42 ~-~-> 03:19:51 |that trail? Stop losses here, inefficiency, balance, price, range,
2327 |2326 |03:19:52 ~-~-> 03:19:59 |bang, that unseats trailed. Stop losses. They won't get the VIP treatment that
2328 |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
2329 |2328 |03:20:04 ~-~-> 03:20:10 |Jordan River, but they cannot cross. They get buried on the mountain. This
2330 |2329 |03:20:11 ~-~-> 03:20:16 |hanging around, what this is the high of that daily fair value gap? And what is
2331 |2330 |03:20:16 ~-~-> 03:20:22 |it doing? It's just marking time. And then drips down and then gives you what
2332 |2331 |03:20:23 ~-~-> 03:20:30 |the buyers an opportunity to do, what place, what stops, what kind of stops,
2333 |2332 |03:20:30 ~-~-> 03:20:34 |sell stops. So this is engineering liquidity. It didn't go down to where I
2334 |2333 |03:20:34 ~-~-> 03:20:38 |say it was going to go. Yet, it's building liquidity. They want to build
2335 |2334 |03:20:38 ~-~-> 03:20:48 |liquidity around that level. What does the market do? Rallies up. Consolidates.
2336 |2335 |03:20:49 ~-~-> 03:20:54 |Consolidates. It's hanging around the upper quadrant of that daily fair value
2337 |2336 |03:20:54 ~-~-> 03:21:03 |gap, using old New Day, opening gaps, building fake bull flags. Oh, it's gonna
2338 |2337 |03:21:03 ~-~-> 03:21:08 |go hard. No, honey, bang. And then watch when we're getting close to this low
2339 |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
2340 |2339 |03:21:13 ~-~-> 03:21:17 |long, you're gonna pull your order and clap your trade. They they have to have
2341 |2340 |03:21:17 ~-~-> 03:21:22 |the liquidity there. So the market does this quick drive down. Boom, and there's
2342 |2341 |03:21:22 ~-~-> 03:21:27 |my exit rate at the blow of the fairway. Gotham daily chart. Tell me. Talk to me.
2343 |2342 |03:21:27 ~-~-> 03:21:35 |Okay, talk to me. You. Tell me who's proven that, who's proven it, who's
2344 |2343 |03:21:35 ~-~-> 03:21:38 |bringing the evidence that can stand up in court. Because I could do this in
2345 |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.
2346 |2345 |03:21:42 ~-~-> 03:21:47 |You want, you want to be trading live? I'll do it right in front of Kramer.
2347 |2346 |03:21:47 ~-~-> 03:21:49 |I'll go on Kramer and say, watch this.
2348 |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
2349 |2348 |03:22:02 ~-~-> 03:22:06 |fading indicator. Like, whatever he says, give a little bit of time and it's
2350 |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
2351 |2350 |03:22:10 ~-~-> 03:22:17 |just the facts. Like, it's crazy, it's crazy, but I would have literally given
2352 |2351 |03:22:17 ~-~-> 03:22:23 |my left leg when I was 20 years old, if somebody like my Cassel for here is
2353 |2352 |03:22:23 ~-~-> 03:22:29 |proving this stuff conceptually, executing with it. Okay, now here's the
2354 |2353 |03:22:29 ~-~-> 03:22:34 |here's the challenge for the soy boys in the comment section. And I It may sound
2355 |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
2356 |2355 |03:22:37 ~-~-> 03:22:41 |have usually one or two. And you think, Oh, you spend too much time you're here.
2357 |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
2358 |2357 |03:22:47 ~-~-> 03:22:53 |kind of anti antagonistic, uh, argument. One guy out there took it to an extreme
2359 |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
2360 |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
2361 |2360 |03:23:05 ~-~-> 03:23:09 |be able to do with other people, and they don't take it personal. But for the
2362 |2361 |03:23:09 ~-~-> 03:23:13 |soy boys in my comment section that I love ribbing, and I know some of them
2363 |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,
2364 |2363 |03:23:17 ~-~-> 03:23:25 |Lucas, but the the idea of using multiple screens, okay, here's your
2365 |2364 |03:23:25 ~-~-> 03:23:29 |challenge. You might have multiple computers, okay, and screens or
2366 |2365 |03:23:29 ~-~-> 03:23:36 |whatever, okay. Trading view is welcome to come out and verify that what this
2367 |2366 |03:23:36 ~-~-> 03:23:45 |was done was only with one account. You can't have multiple accounts on trading.
2368 |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
2369 |2368 |03:23:49 ~-~-> 03:23:54 |something that I don't know. But I want all the folks that hold the opinion that
2370 |2369 |03:23:54 ~-~-> 03:23:57 |this was done with multiple computers, multiple screens, here's what your
2371 |2370 |03:23:57 ~-~-> 03:24:03 |here's what your challenge is. Okay, you have to frame the trade with all the
2372 |2371 |03:24:03 ~-~-> 03:24:08 |annotations, like I have every key level, and you have to be able to use
2373 |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
2374 |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
2375 |2374 |03:24:22 ~-~-> 03:24:25 |going to come forward with doing that. They'll do it in Market Replay, but they
2376 |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
2377 |2376 |03:24:28 ~-~-> 03:24:31 |be able to do it with their live account. They won't be able to do it
2378 |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,
2379 |2378 |03:24:35 ~-~-> 03:24:38 |and honestly, you should be thankful that these people do this, because it
2380 |2379 |03:24:38 ~-~-> 03:24:41 |inspires me to do these lectures like this. It doesn't inspire me when I got
2381 |2380 |03:24:41 ~-~-> 03:24:45 |people constantly telling I love uict, when I got other people's chat rooms, I
2382 |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
2383 |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,
2384 |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
2385 |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
2386 |2385 |03:25:03 ~-~-> 03:25:06 |show. Okay, can you show me a card check? Sure, I'll show you card trick. I
2387 |2386 |03:25:06 ~-~-> 03:25:09 |could show you card tricks all day long. I had live stream card tricks for hours
2388 |2387 |03:25:09 ~-~-> 03:25:14 |and hours and hours. And never mind. I like that. I love that engagement. I
2389 |2388 |03:25:14 ~-~-> 03:25:19 |love that, you know, that playfulness, like, Yeah, but it ain't so, so and
2390 |2389 |03:25:19 ~-~-> 03:25:23 |then, okay, boom. And it's just like, oh shit. They never come back with a
2391 |2390 |03:25:23 ~-~-> 03:25:27 |response after that, which is my perfect response. They're like nothing. They
2392 |2391 |03:25:27 ~-~-> 03:25:31 |can't say nothing. So when I talk about this stuff, some of you just try to
2393 |2392 |03:25:31 ~-~-> 03:25:35 |defend me and mother me or father me by saying you spend too much time. You
2394 |2393 |03:25:35 ~-~-> 03:25:39 |should be thankful that they do this. Because that's the that's the dichotomy
2395 |2394 |03:25:39 ~-~-> 03:25:43 |here. That's the thing that gets my juices going, like it makes me want to
2396 |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.
2397 |2396 |03:25:47 ~-~-> 03:25:52 |I want somebody to give me road rage. I'm looking to get out of their car.
2398 |2397 |03:25:52 ~-~-> 03:25:55 |Please get out of your car. Please get out of your car. Because I'm looking for
2399 |2398 |03:25:55 ~-~-> 03:25:59 |that. I'm looking for an outlet. I'm looking for that. Think about what I was
2400 |2399 |03:25:59 ~-~-> 03:26:05 |telling you about the 2008 I was looking for something. I wanted stimulation. I
2401 |2400 |03:26:05 ~-~-> 03:26:09 |was already wealthy. I was already aware of, you know, where I was in the world.
2402 |2401 |03:26:10 ~-~-> 03:26:15 |I'm happy. But now, what do I want to do? I need to do something dangerous.
2403 |2402 |03:26:16 ~-~-> 03:26:19 |And men are the typical they're the creatures that do it. Women don't
2404 |2403 |03:26:19 ~-~-> 03:26:27 |generally do that stuff. So in this education platform, I like when people
2405 |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
2406 |2405 |03:26:31 ~-~-> 03:26:34 |send me something in the comment section, that means that I have them
2407 |2406 |03:26:34 ~-~-> 03:26:39 |emotionally hooked, and that means they have committed, they placed the bet.
2408 |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
2409 |2408 |03:26:43 ~-~-> 03:26:49 |going to honor their time by answering their bullshit, and then answer it in a
2410 |2409 |03:26:49 ~-~-> 03:26:54 |way where it leaves them speechless. And if they have a hero, or if they're the
2411 |2410 |03:26:54 ~-~-> 03:26:57 |hero in a sock puppet account, that's offended because I'm doing something
2412 |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
2413 |2412 |03:27:01 ~-~-> 03:27:05 |learn from me, but if this helps you become a better trader, and if you want
2414 |2413 |03:27:05 ~-~-> 03:27:10 |to sell services and signals and stuff, at least you know how to do it for real.
2415 |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
2416 |2415 |03:27:13 ~-~-> 03:27:17 |don't mean anything mean spirited to anybody. I don't want any I don't wish
2417 |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
2418 |2417 |03:27:20 ~-~-> 03:27:25 |that, but I do like to have fun, and I can take a good ribbing when, when
2419 |2418 |03:27:25 ~-~-> 03:27:29 |people have something that's, you know, said about me funny, they make skits
2420 |2419 |03:27:29 ~-~-> 03:27:32 |about me, whatever. I laugh my ass off about some of that stuff. It's funny
2421 |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
2422 |2421 |03:27:36 ~-~-> 03:27:42 |streaming and you see anything slowing down? No no, because I'm comfortable in
2423 |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
2424 |2423 |03:27:46 ~-~-> 03:27:51 |mentor, you want to have that mentality, because you're going to have students,
2425 |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
2426 |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
2427 |2426 |03:27:57 ~-~-> 03:28:02 |it this way. You're always going to have these new challenges, and you get to
2428 |2427 |03:28:02 ~-~-> 03:28:08 |pick and choose what you want to answer. You have to have the comfort knowing
2429 |2428 |03:28:08 ~-~-> 03:28:12 |that people are going to come at you like, I'm the hottest thing right now in
2430 |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
2431 |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
2432 |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
2433 |2432 |03:28:27 ~-~-> 03:28:31 |fun. Like, I have fun with it, and I don't get my feelings hurt when people
2434 |2433 |03:28:31 ~-~-> 03:28:35 |doubt me, or if they say something that may be viewed that other people that are
2435 |2434 |03:28:35 ~-~-> 03:28:39 |supporting me, they want to go to war about that. I don't think like that. I
2436 |2435 |03:28:39 ~-~-> 03:28:44 |think it's fun, like it's fun when other YouTubers and live streamers, they talk
2437 |2436 |03:28:44 ~-~-> 03:28:48 |smack about me and say something funny, I laugh about that, unless it's
2438 |2437 |03:28:48 ~-~-> 03:28:52 |something personal about my family or something like that. You know, I have a
2439 |2438 |03:28:52 ~-~-> 03:28:55 |sense of humor. And some of you out there feel like you have to be my
2440 |2439 |03:28:55 ~-~-> 03:29:00 |bodyguard. You don't have to be my bodyguard. Like I'm not insecure. Most
2441 |2440 |03:29:00 ~-~-> 03:29:04 |of you have insecurities that are really unhealthy for a student, and that's what
2442 |2441 |03:29:04 ~-~-> 03:29:11 |gives what we have here as a community, a very strong cult like persona. And to
2443 |2442 |03:29:11 ~-~-> 03:29:18 |kind of take away the sting of that persona, I just grab it and say, okay,
2444 |2443 |03:29:18 ~-~-> 03:29:22 |yeah, we're the cult of winning, because nobody else's community is going to be
2445 |2444 |03:29:23 ~-~-> 03:29:26 |like we are. We're dialed in on precision. We're looking for
2446 |2445 |03:29:26 ~-~-> 03:29:33 |consistency. We have levels of precision that it's alien to anyone else. It's
2447 |2446 |03:29:33 ~-~-> 03:29:37 |literally ridiculous to be able to say, Oh, this is ICT trades like this guy or
2448 |2447 |03:29:37 ~-~-> 03:29:43 |that guy, or the ICT trades like me, there ain't nobody that trades like me.
2449 |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
2450 |2449 |03:29:50 ~-~-> 03:29:56 |nine o'clock run up all this spending time above that daily fair value gap,
2451 |2450 |03:29:57 ~-~-> 03:30:04 |above all the spy side. Here you. And then they ripped it lower. And this is
2452 |2451 |03:30:04 ~-~-> 03:30:07 |that lower width that I highlight on the daily chart. Let's go back out to
2453 |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
2454 |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
2455 |2454 |03:30:19 ~-~-> 03:30:25 |the ugly in it. This is when I talk about certain things, and I'll use
2456 |2455 |03:30:25 ~-~-> 03:30:33 |adjectives that may seem a little weird. This delivery in ES, because I get a lot
2457 |2456 |03:30:33 ~-~-> 03:30:38 |of questions, why are you in and NASDAQ and not ES? Because NASDAQ is a little
2458 |2457 |03:30:38 ~-~-> 03:30:45 |bit more wild, and because it's more wild, it has a lot more likelihood that
2459 |2458 |03:30:45 ~-~-> 03:30:51 |inefficiencies will be formed in it that won't be sometimes as clear in the E,
2460 |2459 |03:30:51 ~-~-> 03:30:55 |Mini, s, p, so look at the difference between how this price action is here.
2461 |2460 |03:30:55 ~-~-> 03:31:00 |This is like, fuzzy, okay, it's like, back and forth. Yeah, there's
2462 |2461 |03:31:00 ~-~-> 03:31:06 |inefficiencies in here. You can see them, okay, but NASDAQ is a whole lot
2463 |2462 |03:31:06 ~-~-> 03:31:12 |cleaner. And you can use the NASDAQ and still trade es like you can look at the
2464 |2463 |03:31:12 ~-~-> 03:31:16 |inefficiencies in NASDAQ when we're moving lower and say, Okay, well, what
2465 |2464 |03:31:16 ~-~-> 03:31:20 |is es doing? And if ES is starting to retrace higher at the same time that the
2466 |2465 |03:31:20 ~-~-> 03:31:24 |NASDAQ's trading up into a fair value gap and it's respecting its lower half
2467 |2466 |03:31:24 ~-~-> 03:31:30 |of its inefficiency, you're not going to have mark to market perfect you the
2468 |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
2469 |2468 |03:31:34 ~-~-> 03:31:38 |it to that degree of precision, it's going to frustrate you, but you can read
2470 |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
2471 |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
2472 |2471 |03:31:50 ~-~-> 03:31:54 |delivering all this in here. Contrast that with what you have in the NASDAQ.
2473 |2472 |03:31:57 ~-~-> 03:32:03 |See how easy and your eye jumps right to the inefficiencies here, here and here,
2474 |2473 |03:32:03 ~-~-> 03:32:08 |that is a stark contrast to what the delivery mechanism was in ES. So it's a
2475 |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
2476 |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
2477 |2476 |03:32:18 ~-~-> 03:32:22 |pristine and clear like you can see clearly with the with the NASDAQ, the
2478 |2477 |03:32:22 ~-~-> 03:32:30 |inefficiencies go right, right, right into it and then breaks aggressively. So
2479 |2478 |03:32:32 ~-~-> 03:32:39 |anyway, I think that's it for today. I had fun today. I'm really hungry. I
2480 |2479 |03:32:39 ~-~-> 03:32:46 |enjoyed murdering the hearts and minds of everybody that likes to troll me. I
2481 |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
2482 |2481 |03:32:53 ~-~-> 03:32:58 |trade, one entry full pool, one stop loss movement. And that was it. And I
2483 |2482 |03:32:58 ~-~-> 03:33:03 |could have done way more than that, like I could have built this up wildly, doing
2484 |2483 |03:33:03 ~-~-> 03:33:08 |everything I've done in the past by pyramiding and keeping it going. My
2485 |2484 |03:33:08 ~-~-> 03:33:13 |question to you is, do you see value in this? In the final moments here together
2486 |2485 |03:33:13 ~-~-> 03:33:18 |today, live, I want you to think about, think about the chances of you having
2487 |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
2488 |2487 |03:33:23 ~-~-> 03:33:29 |free. I'm doing this with my own personal time. I always overstay unless
2489 |2488 |03:33:29 ~-~-> 03:33:33 |my wife says I ask the absolutely and and we gotta do something, I'm always
2490 |2489 |03:33:33 ~-~-> 03:33:37 |over delivering because I enjoy it. My passion is teaching this because I know
2491 |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
2492 |2491 |03:33:41 ~-~-> 03:33:45 |to learn how to do this, the markets are absolutely not random. They're not
2493 |2492 |03:33:45 ~-~-> 03:33:48 |random. They're not hiding things from you. If you're learning from me, they're
2494 |2493 |03:33:48 ~-~-> 03:33:53 |never going to be able to hide it from you. Everything is in that chart, but
2495 |2494 |03:33:53 ~-~-> 03:33:57 |they've done a clever game of constantly pumping out misinformation with
2496 |2495 |03:33:57 ~-~-> 03:34:02 |indicators and other schools of thought. And the problem is, with good,
2497 |2496 |03:34:02 ~-~-> 03:34:06 |reasonable money management, it's easy to trick yourself into thinking that
2498 |2497 |03:34:06 ~-~-> 03:34:10 |that's what makes the market go up and down. Your harmonic patterns, your ratio
2499 |2498 |03:34:10 ~-~-> 03:34:14 |this, your animal patterns, your white golf, your moving average crossovers,
2500 |2499 |03:34:14 ~-~-> 03:34:20 |your supply and demand zones, you come on. Everybody has something right. What
2501 |2500 |03:34:20 ~-~-> 03:34:24 |Works in this industry all the time is sound money management that wins every
2502 |2501 |03:34:24 ~-~-> 03:34:28 |time. You can make money flipping a quarter heads, you buy, tails, you sell,
2503 |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
2504 |2503 |03:34:31 ~-~-> 03:34:35 |profitable. Does that mean that you should sell your course on how to flip
2505 |2504 |03:34:35 ~-~-> 03:34:39 |the quarter the right way? No, but that's the that's the gimmick, and
2506 |2505 |03:34:39 ~-~-> 03:34:42 |that's the fraud that's in this industry, because they know that you're
2507 |2506 |03:34:42 ~-~-> 03:34:46 |chomping at the bit to learn how to make money, and you all think that this is
2508 |2507 |03:34:46 ~-~-> 03:34:49 |easy, fast money, the only way that occurs is if you're selling an
2509 |2508 |03:34:49 ~-~-> 03:34:55 |education, I can make millions instantly, overnight. All I gotta do is
2510 |2509 |03:34:55 ~-~-> 03:34:59 |put a price tag on this, and you should feel comforted that that's not gonna
2511 |2510 |03:34:59 ~-~-> 03:35:05 |happen. There's no hook here. There's no upsell, there's no nothing. I'm
2512 |2511 |03:35:05 ~-~-> 03:35:10 |delivering more than anybody ever has and ever will. I'm not going to teach
2513 |2512 |03:35:10 ~-~-> 03:35:14 |everything that makes me who I am, but what I'm teaching is going to take years
2514 |2513 |03:35:14 ~-~-> 03:35:20 |for people to catch up to that everything at this moment, taught and
2515 |2514 |03:35:20 ~-~-> 03:35:24 |made public. It's going to take years for people to get good and proficient
2516 |2515 |03:35:24 ~-~-> 03:35:30 |with it, and when I start seeing that, I'll come out and teach some more stuff.
2517 |2516 |03:35:30 ~-~-> 03:35:33 |I won't run out of anything. Okay, I have lots of toys and techniques and
2518 |2517 |03:35:33 ~-~-> 03:35:37 |tactics, and they're all better than what you've seen so far. Like, this is
2519 |2518 |03:35:37 ~-~-> 03:35:42 |nothing. This is like elementary school stuff. It's very, very, very simplistic
2520 |2519 |03:35:42 ~-~-> 03:35:46 |things that there's a the lowest order of technical science that I have, and it
2521 |2520 |03:35:46 ~-~-> 03:35:51 |has to be taught this way, because more higher tier stuff, it requires a whole
2522 |2521 |03:35:51 ~-~-> 03:35:54 |lot more things that I honestly don't have at my age right now, the patience
2523 |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
2524 |2523 |03:35:58 ~-~-> 03:36:01 |answer the ones they're asking, Is my book's going to have all that stuff. No,
2525 |2524 |03:36:02 ~-~-> 03:36:05 |it will have new PD arrays. It'll have new things to amplify what has already
2526 |2525 |03:36:05 ~-~-> 03:36:09 |been taught here, so that way you have a full panoramic view, but you don't need
2527 |2526 |03:36:09 ~-~-> 03:36:14 |to buy my books. Okay? And I know the people that are partnering with me, they
2528 |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
2529 |2528 |03:36:18 ~-~-> 03:36:24 |books for money. I'm only writing the book to have an ISBN number and a
2530 |2529 |03:36:24 ~-~-> 03:36:29 |copyright that says, this was my work. This was my work in print, for the first
2531 |2530 |03:36:29 ~-~-> 03:36:34 |time, other people will be able to talk about how these things existed and the
2532 |2531 |03:36:34 ~-~-> 03:36:38 |ones that have class and character, they have given me credit in their books,
2533 |2532 |03:36:38 ~-~-> 03:36:43 |which is fine, even though they taught it wrong. It's fine, but it's helped
2534 |2533 |03:36:43 ~-~-> 03:36:48 |stimulate this whole frenzy around me and my concepts, Smart Money concepts.
2535 |2534 |03:36:48 ~-~-> 03:36:52 |ICT, this. ICT, that. And because it garners attention, you have people that
2536 |2535 |03:36:52 ~-~-> 03:36:57 |want to make videos about me. You want to do exposes, or expose the fact that I
2537 |2536 |03:36:57 ~-~-> 03:37:01 |just did what I just did here today, expose that. You ain't going to touch
2538 |2537 |03:37:01 ~-~-> 03:37:04 |that subject matter. You ain't going to touch that. You're going to take
2539 |2538 |03:37:04 ~-~-> 03:37:07 |something out of context, you're going to make it wise. You're going to listen
2540 |2539 |03:37:07 ~-~-> 03:37:10 |to somebody else's bullshit, and then you're going to try to get viewership on
2541 |2540 |03:37:10 ~-~-> 03:37:14 |your channel or clicks on your Twitter account, because you need money, and
2542 |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
2543 |2542 |03:37:18 ~-~-> 03:37:21 |how to actually learn how to make it in the market on your own steam. And I
2544 |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
2545 |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
2546 |2545 |03:37:29 ~-~-> 03:37:34 |way he can see it. He can see these setups in enough time working with it.
2547 |2546 |03:37:35 ~-~-> 03:37:41 |Come on your funded account, challenges they offer you, and they afford you,
2548 |2547 |03:37:41 ~-~-> 03:37:46 |what? 15 contracts. I didn't even use 15 contracts, and I didn't break a rule
2549 |2548 |03:37:46 ~-~-> 03:37:49 |that would have been utilized against you if you were using a particular
2550 |2549 |03:37:49 ~-~-> 03:37:53 |funded account company. You can't add to a losing position. My position is saying
2551 |2550 |03:37:53 ~-~-> 03:38:00 |I'm not pyramiding into a losing trade study that trust me, those guys, as much
2552 |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
2553 |2552 |03:38:04 ~-~-> 03:38:07 |all learning how to do this, because you're going to break them. And that's
2554 |2553 |03:38:07 ~-~-> 03:38:11 |not my motivation earlier, when I was having fun about that. Don't be sending
2555 |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.
2556 |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
2557 |2556 |03:38:20 ~-~-> 03:38:24 |here, and if they listen to me, they'll make money. But the ones that are keyed
2558 |2557 |03:38:24 ~-~-> 03:38:28 |up like I am, they may take it as a challenge to go take you to the
2559 |2558 |03:38:29 ~-~-> 03:38:36 |poorhouse. I mean, it only takes one good trader. Think about it, one good
2560 |2559 |03:38:36 ~-~-> 03:38:45 |trader that has an Oceans 11 itch or you ever seen that movie 21 with Kevin
2561 |2560 |03:38:45 ~-~-> 03:38:50 |Spacey, and he taught everybody how to count cards, and they went to casino and
2562 |2561 |03:38:51 ~-~-> 03:38:57 |they were beating them. It only takes one person to be able to be really,
2563 |2562 |03:38:57 ~-~-> 03:39:00 |really good at this. And they get their little Oceans 11, or they get their
2564 |2563 |03:39:00 ~-~-> 03:39:04 |little click up, and they said, We're going to take down these funded account
2565 |2564 |03:39:04 ~-~-> 03:39:09 |companies. So you need to stop screwing your clientele, because if you keep
2566 |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
2567 |2566 |03:39:15 ~-~-> 03:39:21 |making lots of money, lots and lots of money, but the doors are open for people
2568 |2567 |03:39:21 ~-~-> 03:39:29 |like me and who I'm teaching, and they can come in and crush you. Crush you
2569 |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
2570 |2569 |03:39:35 ~-~-> 03:39:40 |gonna be a large number of people. They're gonna file this same account
2571 |2570 |03:39:41 ~-~-> 03:39:44 |you're done for. And it's not like it's going to affect the market, because
2572 |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
2573 |2572 |03:39:48 ~-~-> 03:39:53 |seek and hunt stops, because if there was a large body of of traders coming in
2574 |2573 |03:39:53 ~-~-> 03:39:57 |like that, that type of liquidity, they're going to move on that. But
2575 |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
2576 |2575 |03:40:05 ~-~-> 03:40:09 |that's the number one reason why I would never go out there in that setting,
2577 |2576 |03:40:09 ~-~-> 03:40:13 |because Word travels fast. If I say anything in my private mentorship, it's
2578 |2577 |03:40:13 ~-~-> 03:40:17 |already on Instagram. It's already in all the other stuff, because there's
2579 |2578 |03:40:17 ~-~-> 03:40:20 |leakers there. They want to be the person that's leaking something
2580 |2579 |03:40:20 ~-~-> 03:40:24 |exclusive, and that's why I don't do most things anymore at that group. I
2581 |2580 |03:40:24 ~-~-> 03:40:29 |converse with them, we talk about things, but I'm doing more on a YouTube
2582 |2581 |03:40:29 ~-~-> 03:40:35 |channel publicly now because of that very reason. So if I went into a setting
2583 |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
2584 |2583 |03:40:39 ~-~-> 03:40:44 |companies anymore, but that's the one I know of, because two of my sons went
2585 |2584 |03:40:44 ~-~-> 03:40:50 |through their thing. But the, and that's an endorsement for top step, by the way,
2586 |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
2587 |2586 |03:40:55 ~-~-> 03:41:00 |think they're going to keep that quiet? Hell no. Hell No seeing what I'm doing,
2588 |2587 |03:41:01 ~-~-> 03:41:03 |Michael patak would absolutely be copying every fucking thing I'm doing.
2589 |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,
2590 |2589 |03:41:07 ~-~-> 03:41:12 |whatever this guy's doing, I want to copy that. And what happens when the
2591 |2590 |03:41:12 ~-~-> 03:41:16 |other people behind the scenes in the back room work those companies, they
2592 |2591 |03:41:16 ~-~-> 03:41:19 |know I'm in there, and they just say, Well, you know this little tree copier
2593 |2592 |03:41:19 ~-~-> 03:41:25 |here, I would do it. I would do that. I'm not gonna lie about I would
2594 |2593 |03:41:25 ~-~-> 03:41:28 |absolutely do that. If this, if this guy was making it available so I could see
2595 |2594 |03:41:28 ~-~-> 03:41:32 |what he's doing every single time you all know, you'd be doing it too. Come
2596 |2595 |03:41:32 ~-~-> 03:41:37 |on. But what happens when individuals out there that learn how to trade really
2597 |2596 |03:41:37 ~-~-> 03:41:42 |well, let me not, maybe not with this stuff. Maybe, maybe do trade with other
2598 |2597 |03:41:42 ~-~-> 03:41:47 |stuff, and they're profitable, and they're wildly profitable, and they have
2599 |2598 |03:41:47 ~-~-> 03:41:55 |a bunch of people with them with the extended goal, over time, to knock you
2600 |2599 |03:41:55 ~-~-> 03:41:56 |guys out of business.
2601 |2600 |03:41:59 ~-~-> 03:42:04 |Think about that. So you have to really handle yourself differently. And when
2602 |2601 |03:42:04 ~-~-> 03:42:08 |people earn their money, don't screw don't scroll out of that stuff. Oh,
2603 |2602 |03:42:08 ~-~-> 03:42:11 |well, you broke this rule. You didn't do that. Now it's supposedly some one
2604 |2603 |03:42:11 ~-~-> 03:42:15 |company saying you got to record yourself trading. Well, my students 15
2605 |2604 |03:42:15 ~-~-> 03:42:19 |out of trading. They probably would love doing it. They probably want to see if
2606 |2605 |03:42:19 ~-~-> 03:42:23 |they're trading. What I'm showing in my charts, if you're trained like that ICT
2607 |2606 |03:42:23 ~-~-> 03:42:29 |guy, we gotta get this guy out of here. Deny all payouts, some funny stuff. I
2608 |2607 |03:42:29 ~-~-> 03:42:32 |mean, it's not funny for the people that should have been paid out because
2609 |2608 |03:42:32 ~-~-> 03:42:35 |they've earned the money. But it's, it's crazy. I'm sure they're probably
2610 |2609 |03:42:35 ~-~-> 03:42:40 |thinking, Man, this guy's teaching everybody how to do this stuff. Yep.
2611 |2610 |03:42:40 ~-~-> 03:42:46 |Boys in Chicago are paying attention to trust me on that. Tell me I can't and
2612 |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
2613 |2612 |03:42:51 ~-~-> 03:42:55 |something to eat, enjoy the weekend and relax. I hope you all had some fun
2614 |2613 |03:42:55 ~-~-> 03:42:59 |today. Hope you learned something. I certainly had a great time with you all.
2615 |2614 |03:42:59 ~-~-> 03:43:03 |I hope you watch the video I shared yesterday. It's sped up. If you watch it
2616 |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
2617 |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
2618 |2617 |03:43:11 ~-~-> 03:43:14 |sound like I'm drunk. But watch everything I'm annotating in the in the
2619 |2618 |03:43:14 ~-~-> 03:43:18 |chart and in comp, compare and contrast with I showed you here how we worked
2620 |2619 |03:43:18 ~-~-> 03:43:23 |from higher time frame using the PD arrays and the price delivery continuum
2621 |2620 |03:43:23 ~-~-> 03:43:28 |theory, where everything on the higher time frame has to be confirmed with that
2622 |2621 |03:43:28 ~-~-> 03:43:33 |lower time frame, contrast that with what you hear in retail, the higher time
2623 |2622 |03:43:33 ~-~-> 03:43:38 |frames have to confirm the lower time frame. No, no, no, no, no, because
2624 |2623 |03:43:38 ~-~-> 03:43:46 |everything is algorithmic, prices are going to be reacting to in the way. I'm
2625 |2624 |03:43:46 ~-~-> 03:43:52 |teaching you with the lower time frames, because it's high frequency in nature.
2626 |2625 |03:43:52 ~-~-> 03:43:57 |Algorithmic trading is not slow snails pace, trading on weekly, monthly and
2627 |2626 |03:43:57 ~-~-> 03:44:00 |daily charts in four hour that's not what that is not that there isn't
2628 |2627 |03:44:00 ~-~-> 03:44:05 |algorithms keying off of those time frames there are, but algorithmic
2629 |2628 |03:44:05 ~-~-> 03:44:08 |delivery of price that the engine itself is causing the fluctuations higher and
2630 |2629 |03:44:08 ~-~-> 03:44:11 |lower, where the price is going to go, whether there's buyers or sellers at any
2631 |2630 |03:44:11 ~-~-> 03:44:17 |degree of of significance, more other than any other day, it's these things
2632 |2631 |03:44:17 ~-~-> 03:44:22 |are predetermined. And I'm telling you, I know some people just don't like to
2633 |2632 |03:44:22 ~-~-> 03:44:26 |hear it, but if it was anything, but what I'm telling you, I would tell you,
2634 |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
2635 |2634 |03:44:32 ~-~-> 03:44:36 |school of thought am I employing? What is it? Because you're not going to find
2636 |2635 |03:44:36 ~-~-> 03:44:40 |that it's not going to happen, folks, it's not going to happen, but you're
2637 |2636 |03:44:40 ~-~-> 03:44:44 |welcome. You're welcome to go out there and waste your time doing some people
2638 |2637 |03:44:44 ~-~-> 03:44:51 |have tried, and they became students, and I wish you all the best with it. I I
2639 |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
2640 |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
2641 |2640 |03:45:03 ~-~-> 03:45:11 |correctly, not have the the the self centered all about me that I had when I
2642 |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
2643 |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
2644 |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
2645 |2644 |03:45:26 ~-~-> 03:45:29 |when it comes to trading, everybody knows what SMC is. Everybody knows what
2646 |2645 |03:45:29 ~-~-> 03:45:33 |an ICT is. And they're, they're polarized. Either, yeah, I know I'm he's
2647 |2646 |03:45:33 ~-~-> 03:45:40 |a crackpot, or, yeah, wow, that guy's something else. It's crazy, and that's
2648 |2647 |03:45:40 ~-~-> 03:45:44 |what it is, and I like being polarizing, because that means I'm constantly going
2649 |2648 |03:45:44 ~-~-> 03:45:49 |to have a fresh perspective put against me. And then over time, those
2650 |2649 |03:45:49 ~-~-> 03:45:52 |individuals that listen to that bullshit, they'll come here and they'll
2651 |2650 |03:45:52 ~-~-> 03:45:55 |see what I'm able to do and what my students are learning, and they're doing
2652 |2651 |03:45:55 ~-~-> 03:45:59 |in their own hands. And there ain't no better testimony than you finding what
2653 |2652 |03:45:59 ~-~-> 03:46:01 |you're looking for and never understanding what it was you were
2654 |2653 |03:46:01 ~-~-> 03:46:06 |seeking to see it for the first time, and you're like, wow, you're telling me
2655 |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
2656 |2655 |03:46:10 ~-~-> 03:46:15 |handles. And what happens if I just hold it right? What happens if you hold it
2657 |2656 |03:46:15 ~-~-> 03:46:19 |for the entire daily range? What happens if you carry it over to the following
2658 |2657 |03:46:19 ~-~-> 03:46:22 |day and you reach for targets that I'm teaching you, the algorithm is going to
2659 |2658 |03:46:22 ~-~-> 03:46:26 |reprice to anyway. He's got to submit to the time holding on to him. Everything
2660 |2659 |03:46:26 ~-~-> 03:46:32 |changes, folks, and you won't be able to sleep. You'll have so much energy and
2661 |2660 |03:46:32 ~-~-> 03:46:36 |excitement. It's not fear. You'll have so much excitement, like you will be
2662 |2661 |03:46:36 ~-~-> 03:46:41 |buzzing. You Won't you won't be able to stand it waiting to get through work
2663 |2662 |03:46:41 ~-~-> 03:46:44 |because you want to go home and get into charts and dig through it and study
2664 |2663 |03:46:44 ~-~-> 03:46:48 |more. That's how you know you're progressing. If it's hard for you to get
2665 |2664 |03:46:48 ~-~-> 03:46:51 |into the charts, if you're finding it daunting, and you're listening to me,
2666 |2665 |03:46:51 ~-~-> 03:46:54 |and he's like, Oh, this guy, I don't even want to go through this anymore.
2667 |2666 |03:46:54 ~-~-> 03:46:59 |Just stop. Save yourself all the trouble and just stop because you're not
2668 |2667 |03:46:59 ~-~-> 03:47:03 |equipped, ready and wanting to do it right now. You may want to do it later
2669 |2668 |03:47:03 ~-~-> 03:47:08 |on, but don't. If you have to force yourself to do this and learn from me,
2670 |2669 |03:47:08 ~-~-> 03:47:12 |then that's the surest sign that you're not ready. That's all, that's all,
2671 |2670 |03:47:12 ~-~-> 03:47:14 |that's all it means. And go do something else. Try to learn something from
2672 |2671 |03:47:14 ~-~-> 03:47:17 |somebody else. There's a lot of other YouTubers out there that are live
2673 |2672 |03:47:17 ~-~-> 03:47:21 |streaming and actually doing their trades in front of you. Go learn from
2674 |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
2675 |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
2676 |2675 |03:47:29 ~-~-> 03:47:33 |with that perspective, and I promise you, you will find what you're looking
2677 |2676 |03:47:33 ~-~-> 03:47:36 |for, because you're going to see something totally different than
2678 |2677 |03:47:36 ~-~-> 03:47:41 |everybody else's stuff, even my YouTube channel, students like Taja. Well,
2679 |2678 |03:47:41 ~-~-> 03:47:46 |that's only one I want to promote right now, because there's other ones that are
2680 |2679 |03:47:46 ~-~-> 03:47:49 |coming up, and I don't want to put a spotlight on them, because they're just
2681 |2680 |03:47:49 ~-~-> 03:47:53 |quite not, not quite ready for all the fans here. Because I put my finger on
2682 |2681 |03:47:54 ~-~-> 03:47:58 |Tanya's live stream they she has a lot of trolls in here now, and I know
2683 |2682 |03:47:58 ~-~-> 03:48:01 |they're trolling me because they know I'm watching and it's fine, they're
2684 |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
2685 |2684 |03:48:05 ~-~-> 03:48:12 |any of my students, and they're welcome to create that on their own, but even
2686 |2685 |03:48:12 ~-~-> 03:48:18 |they that are profitable, they're not trading like I trade. They you didn't
2687 |2686 |03:48:18 ~-~-> 03:48:24 |see any one of my students do what I just did yesterday into today. And for
2688 |2687 |03:48:24 ~-~-> 03:48:29 |the folks that are telling me you took the same trade show me telling me in
2689 |2688 |03:48:29 ~-~-> 03:48:33 |words, I know what you think, you think, by saying, Yeah, I took the same trade,
2690 |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
2691 |2690 |03:48:39 ~-~-> 03:48:42 |four people tell me that in the comment section, and they're not subscribed,
2692 |2691 |03:48:43 ~-~-> 03:48:46 |they're just somebody that just watched the video, and they're just left it,
2693 |2692 |03:48:46 ~-~-> 03:48:50 |left a comment. I'm telling you that you're lying, and you're lying, and
2694 |2693 |03:48:51 ~-~-> 03:48:55 |you're doing the same thing that people do, as I mentioned here in other
2695 |2694 |03:48:55 ~-~-> 03:48:59 |lectures, where, if you do something a demo account, and it's not even linked
2696 |2695 |03:48:59 ~-~-> 03:49:03 |to anything, and it pans out, and you want to show everybody you're empty for
2697 |2696 |03:49:03 ~-~-> 03:49:07 |your empty five or your demo account results on trading view, or whatever it
2698 |2697 |03:49:07 ~-~-> 03:49:11 |is that you're trading with. You want that response from the social media to
2699 |2698 |03:49:11 ~-~-> 03:49:14 |make you feel good, because what you just did should have already been
2700 |2699 |03:49:14 ~-~-> 03:49:18 |enough, like if you know what you're doing, and the trade goes just like you
2701 |2700 |03:49:18 ~-~-> 03:49:22 |wanted to do, whether you're tape reading it with no demo account or a
2702 |2701 |03:49:22 ~-~-> 03:49:27 |demo or you're trading with real money or a prop firm. The fact that you're
2703 |2702 |03:49:27 ~-~-> 03:49:31 |following your rules and it's delivering as you expect, that should get you
2704 |2703 |03:49:31 ~-~-> 03:49:35 |ecstatic, that you're progressing as you're going through the motions, that
2705 |2704 |03:49:35 ~-~-> 03:49:39 |you're properly learning. You're not going through this rut. You're not
2706 |2705 |03:49:39 ~-~-> 03:49:46 |stagnant. And the purest sign that you're not equipped and you're not
2707 |2706 |03:49:46 ~-~-> 03:49:51 |following the rules of going through the process of learning here or anywhere
2708 |2707 |03:49:51 ~-~-> 03:49:56 |else is if you go on social media and you toss your hat out there and say,
2709 |2708 |03:49:57 ~-~-> 03:50:02 |give me a tip. Give me some money. Give. His attention, some engagement, dopamine
2710 |2709 |03:50:02 ~-~-> 03:50:07 |hit. Let me feel good for a moment, because you can't find the comfort in
2711 |2710 |03:50:07 ~-~-> 03:50:12 |the progress that you're making studying in the privacy of your own home, your
2712 |2711 |03:50:12 ~-~-> 03:50:17 |own office, wherever it is you're doing it. Nobody needed to tell me I was doing
2713 |2712 |03:50:17 ~-~-> 03:50:23 |it right when I started happening. Nobody needed to tell me, attaboy, I
2714 |2713 |03:50:23 ~-~-> 03:50:27 |love the fact that I had all the ammunition to go against my family and
2715 |2714 |03:50:27 ~-~-> 03:50:30 |friends that were talking about when I was coming up and saying, you're wasting
2716 |2715 |03:50:30 ~-~-> 03:50:36 |your time. They all finished working their life and retired, or some of them
2717 |2716 |03:50:36 ~-~-> 03:50:41 |are still working in retirement because they don't know how to make money. They
2718 |2717 |03:50:41 ~-~-> 03:50:44 |weren't successful, but these are the same people that said, you ain't gonna
2719 |2718 |03:50:44 ~-~-> 03:50:52 |be able to do anything with that. And now my name's everywhere. I have people
2720 |2719 |03:50:52 ~-~-> 03:50:55 |in other countries saying, we talk about you here, about what we're you know
2721 |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
2722 |2721 |03:51:05 ~-~-> 03:51:09 |will. I absolutely know it will work for you. But the problem is, is you have to
2723 |2722 |03:51:09 ~-~-> 03:51:13 |believe it will. And how you learn to believe it go through the process I'm
2724 |2723 |03:51:13 ~-~-> 03:51:16 |laying in front of you, just like I'm doing with Caleb. You start like this
2725 |2724 |03:51:16 ~-~-> 03:51:20 |screenshot, finding things in hindsight, and the more you do it, you start
2726 |2725 |03:51:20 ~-~-> 03:51:24 |getting better at seeing it, and then you start applying new concepts as I
2727 |2726 |03:51:24 ~-~-> 03:51:29 |reveal them, and education showing you examples of it. I'm not just talking
2728 |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
2729 |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.
2730 |2729 |03:51:37 ~-~-> 03:51:41 |Go back and listen to every lecture and everything I outlined on Caleb's channel
2731 |2730 |03:51:41 ~-~-> 03:51:46 |too, they were all before the fact. It's never hindsight. It's never after the
2732 |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
2733 |2732 |03:51:50 ~-~-> 03:51:54 |you go online pretending you're smart and scam people and say, I'm going to
2734 |2733 |03:51:54 ~-~-> 03:51:58 |teach you better than ICT, because that's the new flavor right now. Okay,
2735 |2734 |03:51:58 ~-~-> 03:51:58 |you
2736 |2735 |03:51:58 ~-~-> 03:52:02 |can teach better than me. You can trade better than me. Do something better than
2737 |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
2738 |2737 |03:52:06 ~-~-> 03:52:10 |to and then you make $100,000 in one single trade, single pull you do that,
2739 |2738 |03:52:11 ~-~-> 03:52:15 |show the executions, record the entire thing from beginning to end. Prove it's
2740 |2739 |03:52:15 ~-~-> 03:52:20 |not a demo. Prove it's not this. Prove it's not that. Go all out everything
2741 |2740 |03:52:20 ~-~-> 03:52:24 |possible. And then you'll get a nod from me. I'll even point people to your
2742 |2741 |03:52:24 ~-~-> 03:52:27 |channel if you want to be a live streamer about it. But I promise you,
2743 |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
2744 |2743 |03:52:32 ~-~-> 03:52:36 |be able to pull that same trade off. I just did absolutely. I'm I'm confident
2745 |2744 |03:52:36 ~-~-> 03:52:40 |that I have taught enough. I just went through the process of doing here. See,
2746 |2745 |03:52:40 ~-~-> 03:52:44 |the problem is you're trying to do everything, and you're not focusing on
2747 |2746 |03:52:44 ~-~-> 03:52:49 |one concept, where's the price going? And then you're just looking for
2748 |2747 |03:52:49 ~-~-> 03:52:53 |anything to get involved in that. If you're spared, you want to get in as
2749 |2748 |03:52:53 ~-~-> 03:52:56 |high as you can. So what's the highest premium array? You got to go through
2750 |2749 |03:52:56 ~-~-> 03:53:03 |your time frames to find it. But you're rushing. You want to be in these one
2751 |2750 |03:53:03 ~-~-> 03:53:06 |minute or sub one minute charts, and you want to make big, big money on small,
2752 |2751 |03:53:06 ~-~-> 03:53:09 |little, tiny fluctuations, because you think, I don't want to be in the chart
2753 |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
2754 |2753 |03:53:14 ~-~-> 03:53:17 |going to have to be a period of time where you hold on to the trade, because
2755 |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
2756 |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
2757 |2756 |03:53:26 ~-~-> 03:53:32 |what that does is it's rewarding. You doing not enough. You have to broaden
2758 |2757 |03:53:32 ~-~-> 03:53:41 |your your range of opportunity by holding on to trades longer. My
2759 |2758 |03:53:41 ~-~-> 03:53:48 |comfortable timeframe, okay, is working inside the weekly range. I don't want to
2760 |2759 |03:53:48 ~-~-> 03:53:53 |hold anything over the weekend ever again. I just know that I don't have the
2761 |2760 |03:53:53 ~-~-> 03:53:59 |like I'm 52 now, I think about things a little bit differently. My body responds
2762 |2761 |03:53:59 ~-~-> 03:54:05 |to to to things differently now, as an older man, and while I'm not a senior
2763 |2762 |03:54:05 ~-~-> 03:54:09 |citizen, I do feel physical changes in my body, and I don't want to put things
2764 |2763 |03:54:09 ~-~-> 03:54:14 |on me that is not necessary, so I'm completely content with doing the types
2765 |2764 |03:54:14 ~-~-> 03:54:20 |of things I'm doing here, because I'm not absorbing or incurring or inviting
2766 |2765 |03:54:20 ~-~-> 03:54:24 |over the weekend, risk, which is in the climate we have around the world right
2767 |2766 |03:54:24 ~-~-> 03:54:29 |now, astronomical, like anything can pop off, new nuclear war, new terrorism,
2768 |2767 |03:54:29 ~-~-> 03:54:34 |biochemical, all that stuff and anything can pop off, and that will cause crazy
2769 |2768 |03:54:34 ~-~-> 03:54:39 |town levels of volatility in the marketplace. And if it's not on the
2770 |2769 |03:54:39 ~-~-> 03:54:43 |right side of my trade that I'm holding over the weekend, when we open up on
2771 |2770 |03:54:43 ~-~-> 03:54:47 |Sunday, I could be in some serious financial distress, and I just don't
2772 |2771 |03:54:47 ~-~-> 03:54:53 |want to incur that. So my appetite is working inside the weekly range. I know
2773 |2772 |03:54:53 ~-~-> 03:54:57 |I have the market that's going to trade, except for one hour it's broken between
2774 |2773 |03:54:57 ~-~-> 03:55:02 |5pm and 6pm every evening. I. And I think if you have been paying attention,
2775 |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
2776 |2775 |03:55:08 ~-~-> 03:55:13 |in here, which is the reason why I don't like showing it, because it looks like
2777 |2776 |03:55:13 ~-~-> 03:55:16 |I'm encouraging worship, and I don't want you worshiping Me. I don't want you
2778 |2777 |03:55:16 ~-~-> 03:55:19 |I see every one of your comments, even the one say, I don't know if you
2779 |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,
2780 |2779 |03:55:23 ~-~-> 03:55:27 |but many times it's a statement that you make or something, it'll inspire me to
2781 |2780 |03:55:27 ~-~-> 03:55:30 |talk about something in the recording, as some of you probably already realized
2782 |2781 |03:55:30 ~-~-> 03:55:37 |today. But I just want to give a shout out to the ladies in the community,
2783 |2782 |03:55:37 ~-~-> 03:55:46 |because that that part of our community is growing a lot, and to me, I find that
2784 |2783 |03:55:46 ~-~-> 03:55:52 |very comforting, because this is a man's world in everybody's else, in everybody
2785 |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
2786 |2785 |03:55:56 ~-~-> 03:56:02 |guy. Oh, you're simping, dude, you're broke, and you gotta, you gotta get your
2787 |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
2788 |2787 |03:56:07 ~-~-> 03:56:13 |man, women, don't have to do the things to compensate for size performance.
2789 |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
2790 |2789 |03:56:17 ~-~-> 03:56:22 |economy between men who's stronger, who's bigger, who's longer, who's
2791 |2790 |03:56:22 ~-~-> 03:56:26 |harder, who stays up longest, all that stuff, and who has more money, who has a
2792 |2791 |03:56:26 ~-~-> 03:56:31 |prettier wife, who has the best chin line, who has a prettier teeth, you
2793 |2792 |03:56:31 ~-~-> 03:56:38 |know, all these compare and contrast and competition And in trading, women don't
2794 |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
2795 |2794 |03:56:46 ~-~-> 03:56:51 |way, but because it was all women, I I literally was, like, interesting. I want
2796 |2795 |03:56:51 ~-~-> 03:56:57 |to see I want to see what they do, and watch how women engage with one another.
2797 |2796 |03:56:57 ~-~-> 03:57:03 |And they're all traders. They did not one time unzip their pants and let it
2798 |2797 |03:57:03 ~-~-> 03:57:07 |fall on the table and say, let's see who measures up. They conversed with one
2799 |2798 |03:57:07 ~-~-> 03:57:10 |another. They didn't vilify one another. They didn't look like they were offended
2800 |2799 |03:57:10 ~-~-> 03:57:13 |by the other person's perspective. They all felt like, wow, yeah, it's a
2801 |2800 |03:57:13 ~-~-> 03:57:21 |sisterhood, and I think that the men in this industry should look at one another
2802 |2801 |03:57:21 ~-~-> 03:57:26 |like a brother and encourage the next guy. It doesn't mean that you can't rib
2803 |2802 |03:57:26 ~-~-> 03:57:29 |rib somebody when they need it or when you want to have fun with it, and they
2804 |2803 |03:57:29 ~-~-> 03:57:31 |shouldn't have their feelings hurt and be like, Oh, I'm going home to take my
2805 |2804 |03:57:31 ~-~-> 03:57:37 |toys home. But men generally are the source of the toxicity in our industry,
2806 |2805 |03:57:38 ~-~-> 03:57:43 |not just in online social media around trading, but even in the industry
2807 |2806 |03:57:43 ~-~-> 03:57:48 |outside of social media, like I'm going to traders Expo next year, like I'm
2808 |2807 |03:57:48 ~-~-> 03:57:52 |going to be down there, I'm going to be floating through there. I probably grow
2809 |2808 |03:57:52 ~-~-> 03:57:56 |my beard out and dye my hair and probably get some fake tattoos all on
2810 |2809 |03:57:56 ~-~-> 03:58:02 |myself, going incognito. But I want to see, I want to see what it's like
2811 |2810 |03:58:02 ~-~-> 03:58:09 |walking around all of you, The Wolf Among sheep. I want to I want to see the
2812 |2811 |03:58:09 ~-~-> 03:58:13 |bravado, and I hopefully will see some of the ladies that are in the industry.
2813 |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
2814 |2813 |03:58:18 ~-~-> 03:58:24 |observed. But the men are the toxic side of this industry. The women aren't. And
2815 |2814 |03:58:24 ~-~-> 03:58:29 |it's not surprising that my students that are doing the best that make the
2816 |2815 |03:58:29 ~-~-> 03:58:37 |most real money, not not Prop money, real money. Real Money. $30,000 a week,
2817 |2816 |03:58:37 ~-~-> 03:58:47 |real money. Hello. They're female. They're born with a vagina. What are
2818 |2817 |03:58:47 ~-~-> 03:58:51 |they doing differently? It's how they think. They don't engage social media.
2819 |2818 |03:58:51 ~-~-> 03:58:55 |They don't even have social media presence, except for being in contact
2820 |2819 |03:58:55 ~-~-> 03:58:59 |with me. And that's not the secret sauce. It's the fact that they cut out
2821 |2820 |03:58:59 ~-~-> 03:59:03 |all the bullshit, all the drama, it's out they don't want drama in their
2822 |2821 |03:59:03 ~-~-> 03:59:06 |household. They certainly don't want in their finances, and they don't want it
2823 |2822 |03:59:06 ~-~-> 03:59:10 |in their thinking about trades, because you have to guard your mind and young
2824 |2823 |03:59:10 ~-~-> 03:59:14 |men and older men, you need to start applying that stuff that's not same
2825 |2824 |03:59:14 ~-~-> 03:59:20 |thing. That's common sense, and the data doesn't argue against it. It's it's
2826 |2825 |03:59:20 ~-~-> 03:59:26 |supplying the proof that women are better traders. Doesn't mean that you
2827 |2826 |03:59:26 ~-~-> 03:59:31 |can't find some reckless guy out there. I'm gonna throw out everything and just
2828 |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
2829 |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,
2830 |2829 |03:59:41 ~-~-> 03:59:49 |you're not. You're a gambler. Proficiency and precision is what I just
2831 |2830 |03:59:49 ~-~-> 03:59:56 |demonstrated. That to me is impressive. Making lots of money on one trade after
2832 |2831 |03:59:56 ~-~-> 04:00:01 |having severe drawdown in the same day. That's not impressive. Of that's
2833 |2832 |04:00:01 ~-~-> 04:00:10 |gambling. Having big windfall wins. Take out your top three, top two or three
2834 |2833 |04:00:10 ~-~-> 04:00:17 |windfalls. How are you making money now, so many people online are making a
2835 |2834 |04:00:17 ~-~-> 04:00:22 |career over the one big thing they just did, or the one big payout it is.
2836 |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
2837 |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
2838 |2837 |04:00:30 ~-~-> 04:00:35 |million or almost $2 million payout. And do whatever that student is, or I
2839 |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
2840 |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
2841 |2840 |04:00:40 ~-~-> 04:00:45 |it. It was changed by Matt. And I thought to myself, wow. You know,
2842 |2841 |04:00:45 ~-~-> 04:00:49 |they're putting out payouts like that. That's why I was like, Okay, well, let
2843 |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
2844 |2843 |04:00:52 ~-~-> 04:00:59 |telling me that I could somehow, then look, man, that's easy. Like, that's
2845 |2844 |04:00:59 ~-~-> 04:01:03 |easy. You're you're basically asking me to do a demo account and make millions
2846 |2845 |04:01:03 ~-~-> 04:01:10 |of dollars. Uh, yeah, I can do that. That's easy stuff. Course I can. I can
2847 |2846 |04:01:10 ~-~-> 04:01:15 |do that. I can create proxies. And hey, look, we're gonna do you want to see
2848 |2847 |04:01:15 ~-~-> 04:01:24 |record payout? It's closing time. We had to pay everything I see he's a partner
2849 |2848 |04:01:24 ~-~-> 04:01:24 |now.
2850 |2849 |04:01:30 ~-~-> 04:01:33 |Oh, anyway, we're getting it's boring. Now, we gotta get off here. I'm talking
2851 |2850 |04:01:33 ~-~-> 04:01:36 |about things that aren't that funny anymore. So it's funny to me, though.
2852 |2851 |04:01:37 ~-~-> 04:01:41 |Wish you a very good weekend. Be safe, study. Go back through that recording
2853 |2852 |04:01:41 ~-~-> 04:01:47 |yesterday or today from yesterday's trade into today, slow speed, take
2854 |2853 |04:01:47 ~-~-> 04:01:52 |screenshots of that, and then build that same thing that I mean demonstrating in
2855 |2854 |04:01:52 ~-~-> 04:01:58 |my charts. Map that on yours, and then log anything else you see in in your own
2856 |2855 |04:01:58 ~-~-> 04:02:04 |observations. Okay? And then I think next week. I owe you a London session,
2857 |2856 |04:02:04 ~-~-> 04:02:10 |so we'll probably do one Tuesday. No, this is, this is schedule at noon,
2858 |2857 |04:02:11 ~-~-> 04:02:27 |Tuesday morning, which will be my local time, 145 40 5am okay, so it's
2859 |2858 |04:02:27 ~-~-> 04:02:31 |technically Tuesday's trading for some of you in other parts of the world may
2860 |2859 |04:02:31 ~-~-> 04:02:40 |look at things differently, but my time 1:45am Tuesday. Okay, we'll meet on live
2861 |2860 |04:02:40 ~-~-> 04:02:44 |stream on YouTube, on this channel, and then we'll, we'll talk about things over
2862 |2861 |04:02:44 ~-~-> 04:02:52 |the london session. Okay, so Monday will be a regular, I guess what? 930 or so? A
2863 |2862 |04:02:52 ~-~-> 04:02:57 |couple minutes break before 930 I'll try to keep it to like 1030 because I want
2864 |2863 |04:02:57 ~-~-> 04:03:02 |to make sure I can get everything else I do in my personal life, and then have
2865 |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
2866 |2865 |04:03:07 ~-~-> 04:03:12 |Eastern Time next Tuesday, and we'll do the live stream until, well, whenever I
2867 |2866 |04:03:12 ~-~-> 04:03:16 |get tired of being on there. Okay, so until I talk to you, then, Lord willing,
2868 |2867 |04:03:16 ~-~-> 04:03:16 |be safe. You.