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ICT YT - 2024-09-11 - ICT 2024 Mentorship - Lecture 25

Last modified by Drunk Monkey on 2024-09-25 09:32
1 00:01:13 --> 00:01:20 ICT: Good morning, folks, give me one second here.
2 00:01:26 --> 00:01:35 All right, hope you're all doing well. Just get right here a minute or two to
3 00:01:36 --> 00:01:37 realize I'm here. I'm
4 00:01:45 --> 00:01:47 How about that debate last night?
5 00:01:53 --> 00:02:02 Alright, so we're looking at the post effect of 830 high impact news driver.
6 00:02:04 --> 00:02:14 We have a huge premium opening. So we're going to look at that real quick over
7 00:02:14 --> 00:02:20 here on the 15 at time frame,
8 00:02:32 --> 00:02:35 and we'll Look at it through.
9 00:02:41 --> 00:02:47 So we had a previous settlement close at 18,008 46 so you can see we're up here
10 00:02:47 --> 00:02:51 in the 920s
11 00:02:56 --> 00:03:04 so it'd be a large gap. Now we're in. Let me go back to a daily chart. This
12 00:03:04 --> 00:03:08 inefficiency here, that's what I'm annotating there, and that weekly
13 00:03:08 --> 00:03:13 inefficiency at larger one. And then there's one right in here. Okay, see
14 00:03:13 --> 00:03:18 that it's got these dashed lines on it. So we open traded down to that, and then
15 00:03:19 --> 00:03:24 trade to a high of this inefficiency that I'll change a little bit in terms
16 00:03:24 --> 00:03:32 of the color that we can see. Okay, so that's where you're at the top of that,
17 00:03:33 --> 00:03:41 right there, right here. So they're putting relatively cool highs in there,
18 00:03:42 --> 00:03:48 at the high of that inefficiency. And there's a small little inefficiency in
19 00:03:48 --> 00:03:52 the form of a volume. And bounce between these candles close, you see that at
20 00:03:52 --> 00:03:56 924, three quarters in the open, at 21 even.
21 00:04:02 --> 00:04:09 So, they accomplish both here, trading to the candlesticks low here and
22 00:04:09 --> 00:04:21 repricing to that volume imbalance. Okay, right there. See that separation
23 00:04:21 --> 00:04:25 between these two bodies, these candles respectively. That's that price right
24 00:04:25 --> 00:04:31 into that. Now I want to see if they want to make that area a little bit more
25 00:04:31 --> 00:04:34 jagged, or if they're just going to be content with leaving it just as it is.
26 00:04:34 --> 00:04:35 Here. I'm
27 00:04:56 --> 00:05:01 okay, another two minutes or so, we'll have the opening bell. This is a 15
28 00:05:01 --> 00:05:04 second chart over here on the right hand side,
29 00:05:18 --> 00:05:20 down to 15 on the chart on the left you
30 00:05:45 --> 00:05:52 a five minute on the left hand side chart, watching this inefficiency right
31 00:05:52 --> 00:05:59 here on the 15 second and with the order block right there On the five scene, if
32 00:06:01 --> 00:06:05 any interest in that, maybe as an inversion. There's cell side resting
33 00:06:05 --> 00:06:11 right down at 888, 86 is right in here.
34 00:06:20 --> 00:06:22 30 seconds, opening bell. I
35 00:06:50 --> 00:06:51 here's your opening gap. I'm
36 00:07:13 --> 00:07:18 previous element to opening half the gaps. Are you treated to? I?
37 00:07:38 --> 00:07:46 And there's that gap I was telling you. Use it for inversion in here, only my
38 00:07:46 --> 00:07:57 balance included. There's that it's almost like we do. I
39 00:08:12 --> 00:08:22 almost full gap closure. You see a little separation in here. Still sit
40 00:08:22 --> 00:08:31 deep retracement back down inside the opening range gap, half the gap closure.
41 00:08:31 --> 00:08:36 Be interested to see this same inefficiency on the 15 second chart. If
42 00:08:36 --> 00:08:41 you can climb above that. Find that as a discount array. Be interesting to see if
43 00:08:41 --> 00:08:48 they want to swipe that 18,009 28 level, just relax and sit and still. Sorry
44 00:09:00 --> 00:09:03 if you hear that. I to hear
45 00:09:22 --> 00:09:33 that. Sml, ICT style. So if you see the little shaded area here, that's a little
46 00:09:33 --> 00:09:40 darker than the other area up here, that is the top of an inefficiency on a hard
47 00:09:40 --> 00:09:45 time frame chart. So I'm watching that to see if there's any kind of interest
48 00:09:45 --> 00:09:53 in using that level in addition to this inefficiency right there. Right now,
49 00:09:53 --> 00:10:02 there's spy side sitting at 928, so. ELSI resides At 852, you
50 00:11:01 --> 00:11:09 Okay, So we had the gap down here. Used ran back up into inversion. Para Vega.
51 00:11:10 --> 00:11:12 Lick through it. The bodies are staying below it. I'm
52 00:11:48 --> 00:11:53 I need the opening gap on the 11th day, opening gap draw on liquidity. I
53 00:12:06 --> 00:12:11 watching the mid plan this, this wick here. So
54 00:12:27 --> 00:12:35 okay, full got closure, and there's the bodies right here at the that's at this
55 00:12:35 --> 00:12:41 level here. Okay, so previous element on regular trading hours, you can see that
56 00:12:41 --> 00:12:49 down here right hand corner, need the opening gap, and then to the top of That
57 00:12:49 --> 00:12:52 old daily inefficiency I'm
58 00:13:32 --> 00:13:39 okay, we're seeing if we can find the previous settlement. Does it want to
59 00:13:39 --> 00:13:45 explore lower or if it gets back inside the range, we have to wait and see what
60 00:13:45 --> 00:13:49 we get. In regards to that, so far, it's been delivery off that inversion fair
61 00:13:49 --> 00:13:51 value gap here, before it Got closure, I
62 00:14:19 --> 00:14:20 Okay, we're inside of the gap
63 00:14:26 --> 00:14:32 that's this from here to opening price. So this previous settlement price in
64 00:14:32 --> 00:14:38 here, we're back inside of that now. Now you can it, can do a lot of this type of
65 00:14:38 --> 00:14:43 wicking and redelivery back in here, because there's no real bodies. Notice
66 00:14:43 --> 00:14:46 that here, let me highlight on the chart to the left. I don't
67 00:14:52 --> 00:14:53 want that color because it's not
68 00:14:59 --> 00:15:07 that. So in between here, there's no body, there's Wix there, then we have
69 00:15:07 --> 00:15:12 one single candle body down. So what we're seeing here is actually very
70 00:15:12 --> 00:15:16 efficient Philippian price. It's going right back up to reprice over top of
71 00:15:16 --> 00:15:25 that little segment of price action right there, distinctly, framed by these
72 00:15:25 --> 00:15:28 bodies in that previous settlement price there.
73 00:15:41 --> 00:15:46 Now my interest is, since we had this area here and we delivered price, does
74 00:15:46 --> 00:15:49 it have a willingness to come back down, and does it respect the top end of that
75 00:15:49 --> 00:15:56 blue box area there? Because it is comes now a balanced price range. It trades
76 00:15:56 --> 00:16:03 below it that is decidedly weak. So we're at a juncture where price would
77 00:16:03 --> 00:16:09 need to have some respect of that blue area where it's at now, or it goes below
78 00:16:09 --> 00:16:14 it. All this was as we trace it back into the opening range, The first 30
79 00:16:14 --> 00:16:16 minutes, and after the gap closure, I
80 00:16:55 --> 00:17:03 I see how price is delivered there. Next key levels, Thursday, last week's daily
81 00:17:03 --> 00:17:12 low. Watch this line in here. Okay, that's that old. Let me take you up to
82 00:17:12 --> 00:17:22 the daily that is this. See that candlesticks low, right there on
83 00:17:22 --> 00:17:23 Thursday, September 5.
84 00:17:32 --> 00:17:35 That's this dashed line. It's a little hard to see because I got these
85 00:17:35 --> 00:17:42 colorings on it. Watch that. And the end dog in there, because We broke lower
86 00:17:42 --> 00:17:42 here take
87 00:17:56 --> 00:17:57 the sheep area.
88 00:18:15 --> 00:18:17 Now watch the bodies in here. I'm
89 00:18:42 --> 00:18:43 so this see
90 00:18:50 --> 00:18:55 this inefficiency there to here?
91 00:19:00 --> 00:19:01 Color like this.
92 00:19:08 --> 00:19:16 This gap here trades down to that and end all for today, and are back inside
93 00:19:16 --> 00:19:23 of that inefficiency I outlined on the opening range gap. So we ran south side
94 00:19:23 --> 00:19:32 here, dug into this inefficiency a little bit so that 810, level, or just
95 00:19:32 --> 00:19:40 just below that, candlesticks low there. Now resume your attention back on this
96 00:19:40 --> 00:19:42 little segment of price action, which is framed on
97 00:19:48 --> 00:19:56 this area here, where they delivered the bodies. Think of it like that pink
98 00:19:56 --> 00:20:01 roller analogy I like to use. There's not a whole. A lot of paint in between
99 00:20:01 --> 00:20:06 the previous day's settlement here, and that candlesticks body and this
100 00:20:06 --> 00:20:10 candlesticks bottle, we had one single pass down. Yes, while this wick did go
101 00:20:10 --> 00:20:15 back above it, it doesn't have a body laid over top that range on the upside,
102 00:20:15 --> 00:20:19 until this green candle here, then it went down, took out south side here,
103 00:20:21 --> 00:20:27 into that inefficient daily chart and then rally back up. And now we're back
104 00:20:27 --> 00:20:34 inside this little area here. So it's moving a lot of around all these
105 00:20:34 --> 00:20:38 specific PDA raise, and it's not giving any real clear framework. So far, the
106 00:20:38 --> 00:20:44 initial drop into gap closure off of the inversion fair value got there was that
107 00:20:44 --> 00:20:45 was a nice run.
108 00:21:01 --> 00:21:02 I like the volatility here, if you're
109 00:21:19 --> 00:21:25 just looking at the one minute chart like over here, this could be a little
110 00:21:25 --> 00:21:25 perplexing.
111 00:21:34 --> 00:21:38 So now we're banging at the bottom end of that one minute gap. I'm
112 00:21:55 --> 00:22:04 so they have a little bit of cell side right there. I that was a little too
113 00:22:04 --> 00:22:05 shallow. I'm not liking
114 00:22:34 --> 00:22:37 Okay? 15 minutes trading so far,
115 00:22:42 --> 00:22:49 no, a little wild. See if we get that deeper around, that Low Down.
116 00:23:02 --> 00:23:07 My sing
117 00:23:17 --> 00:23:18 awfully wild today. I
118 00:23:28 --> 00:23:31 Come on, just a little bit deeper. Here you go. I
119 00:23:43 --> 00:23:47 All right, so we had a gap open higher, came down, filled the gap, tried to
120 00:23:47 --> 00:23:54 rally, treated that area in here as a balanced price range, and we took
121 00:23:54 --> 00:24:06 another cool sell side liquidity. Thank you. Changes to electronic sessions now,
122 00:24:06 --> 00:24:13 because we have opportunity to seek i
123 00:24:20 --> 00:24:26 It's a little smooth in there, even if it doesn't want to get down to the
124 00:24:26 --> 00:24:30 consequent version this week. This is a one minute chart on electronic trading,
125 00:24:30 --> 00:24:36 electronic trading hours, data, not regular trading hours, that wicks
126 00:24:36 --> 00:24:40 consequent crochet. I'm eyeballing that the smoothness of these two relative
127 00:24:40 --> 00:24:47 equal lows. They took the cell side between this low and this low, which was
128 00:24:47 --> 00:24:51 a little too shallow of a jump below there. So now we're working inside. Now
129 00:24:51 --> 00:24:54 watch this wick here. I'm.
130 00:25:02 --> 00:25:03 Kind of like this. I
131 00:25:20 --> 00:25:24 it always jumps,
132 00:25:34 --> 00:25:38 so back into end dog and the high of that shaded area here, you can see
133 00:25:38 --> 00:25:42 quickly why I don't like to have all this stuff in my chart, just the numbers
134 00:25:42 --> 00:25:47 is enough, and you constantly refer, I'm constantly referring back to that level
135 00:25:47 --> 00:25:54 and where price is at. But for visual representation, for Caleb and for any of
136 00:25:54 --> 00:25:58 you that are interested in watching is having on your chart, you can see the
137 00:25:58 --> 00:26:02 behavior, what price does when it gets there. See how the bodies are staying
138 00:26:02 --> 00:26:07 right at the top of that shaded area here. It isn't like a I guess a bit of I
139 00:26:07 --> 00:26:11 don't know what color that is, to be honest with you, it's just not the gray
140 00:26:11 --> 00:26:17 background. The body's just laying right at the top of that dash line. That's the
141 00:26:17 --> 00:26:26 high of this inefficiency here. Okay, see how it's delivering lower. We have
142 00:26:26 --> 00:26:34 minor cell side now here and over here, that candlesticks low, that candle
143 00:26:34 --> 00:26:34 sticks low.
144 00:26:41 --> 00:26:44 Buy side would be on the other side of this balanced price range, which would
145 00:26:44 --> 00:26:49 be right here. So this would, this would be your minor buy side and your minor
146 00:26:49 --> 00:26:52 sell side. That's the full book would be that matters, not your book map.
147 00:26:57 --> 00:27:02 Book map probably hates me because so I'm always dogging them out. I'm just
148 00:27:02 --> 00:27:10 trying to teach people to do things with price alarm. Now, if you remember a
149 00:27:10 --> 00:27:15 moment ago I was showing you, watch this wick here. Yeah, drop drew that line
150 00:27:15 --> 00:27:22 here at the midpoint, which is 118, 817, 75 I told you once the bodies in here
151 00:27:22 --> 00:27:26 see how it's showing you it's respecting what? What's it respecting? It's the
152 00:27:26 --> 00:27:31 high of that inefficiency. And then here's that Wix consequent encroachment.
153 00:27:31 --> 00:27:35 It hits it there and delivers down into this range that right there is enough
154 00:27:35 --> 00:27:41 for a scalp. And that's enough to do what a lot of the guys on YouTube do
155 00:27:42 --> 00:27:45 like these small, little, tiny, little price fluctuations. So if you're having
156 00:27:45 --> 00:27:49 these higher Time Frame inefficiencies on your chart, and you're watching how
157 00:27:50 --> 00:27:55 price is moving and gravitating towards short term sell side and buy side, you
158 00:27:55 --> 00:27:58 don't even need to have the full range delivered. And you can get these little
159 00:27:58 --> 00:28:05 bread and butter type easy bread winning scouts. Let's get them and take them and
160 00:28:05 --> 00:28:10 run that's all these high frequency trading algorithms are doing. They're
161 00:28:10 --> 00:28:14 finding these, these price points here. And when they get the data, the supports
162 00:28:14 --> 00:28:18 that it's it's referring to all the bodies here, the opens and closes. Have
163 00:28:18 --> 00:28:23 to match, what's it matching the high that inefficiency I gave you on the
164 00:28:23 --> 00:28:27 daily chart at the beginning of the stream, then it delivers, gives you one
165 00:28:27 --> 00:28:31 more chance to use that consequence encroachment of this one minute candle
166 00:28:31 --> 00:28:37 sticks wick. You don't see it, but you get it right there, right there, and
167 00:28:37 --> 00:28:43 delivers lower. Just that alone. That's a high frequency scalp, and they're
168 00:28:43 --> 00:28:46 doing these things all day long. Remember, this is a 15 second time
169 00:28:46 --> 00:28:51 frame. How many times is price using the PD arrays of outline here today and the
170 00:28:51 --> 00:28:54 fluctuations movement back and forth, they don't need a directional bias.
171 00:28:55 --> 00:29:03 They're not trading in a one direction only. You know, it's multi dimensional,
172 00:29:04 --> 00:29:09 so it allows them to be very liquid and fluid in and out, in and out. So that's
173 00:29:09 --> 00:29:14 what I'm saying. Like there's always liquidity. Always. It's not just above
174 00:29:14 --> 00:29:19 old highs and below lows, but there's smaller micro structure that you have to
175 00:29:19 --> 00:29:23 be aware of. If you look for these types of things, what will happen is, if
176 00:29:23 --> 00:29:26 you're using, like, very small time frames, like the 15 second chart or 32nd
177 00:29:26 --> 00:29:31 chart, it helps you decide what you're looking for, because you got a lot of
178 00:29:31 --> 00:29:36 examples inside of one daily range. So look at all the fluctuations in here. I
179 00:29:36 --> 00:29:43 mean, if I would tell you that the NASDAQ is going to move 1500 points
180 00:29:43 --> 00:29:50 today. Would you believe me? Chances are you're wrapping Well, yeah, that's a
181 00:29:50 --> 00:29:55 that's a little stretch out. But if you add up every tiny fluctuation from up
182 00:29:55 --> 00:30:02 down, up down, up down, it actually does more than that. I. So from a quant
183 00:30:02 --> 00:30:06 stance, and yes, I'm familiar with that, and a lot of people that like to troll
184 00:30:06 --> 00:30:11 me in the past, I'm gonna do some of that. Quants understand that dynamic.
185 00:30:11 --> 00:30:14 They don't have to have a daily range that's determined with a directional
186 00:30:14 --> 00:30:23 bias. It's good for you as a retail trader to learn how to do that. I I keep
187 00:30:23 --> 00:30:32 this the a high frequency trading algorithm can operate without having a
188 00:30:32 --> 00:30:38 bias. All it needs to do is frame very specific reference points, and then when
189 00:30:38 --> 00:30:46 it gives a like a confirming quality measurement, meaning that if we know
190 00:30:46 --> 00:30:50 that this inefficiency is marked here as I'll show you the beginning of the
191 00:30:50 --> 00:30:54 stream, and I'll show you in a minute before we went on a minute. But before
192 00:30:54 --> 00:30:58 we close the stream at 1030 I'll recap some of the things that we can go back
193 00:30:58 --> 00:31:05 through your charts, Caleb and use this video as well. The he'll have to use my
194 00:31:05 --> 00:31:09 charts in this regard, because it doesn't have the full package for live
195 00:31:09 --> 00:31:14 data on trading view. So you'll use my chart to do a screenshot these and then
196 00:31:14 --> 00:31:19 what we discussed when you get off work tonight, this is the conversation we'll
197 00:31:19 --> 00:31:25 have, but the bodies are respecting these key levels. And when we see things
198 00:31:25 --> 00:31:31 like that, for instance, like upper here, we're looking at that inefficiency
199 00:31:31 --> 00:31:36 in the opening range gap or limit chart, and where the bodies were closing here,
200 00:31:36 --> 00:31:40 that tells you it's respecting what the high end of that inefficiency. So it's
201 00:31:40 --> 00:31:45 likely that it will explore the other side of it, other side of what that
202 00:31:45 --> 00:31:48 inefficiency? Well, if it's going to go down to the bottom of that inefficiency,
203 00:31:48 --> 00:31:53 what's in close proximity to that that low? So we'll be resting below that
204 00:31:54 --> 00:31:58 South Side. So they can get in here and aim for that little, tiny, little
205 00:31:58 --> 00:32:03 structure between the new day, opening gap of september 11, and accomplish the
206 00:32:03 --> 00:32:07 run below that load for sell side equity. So it's accomplishing two
207 00:32:07 --> 00:32:12 things. It's using these PD arrays that I'm telling you to focus on and then
208 00:32:12 --> 00:32:17 think about a narrative. And a narrative doesn't have to be for the entirety of
209 00:32:17 --> 00:32:21 the daily range. It doesn't have to be for the session. It can be done on micro
210 00:32:21 --> 00:32:25 market structure, like this, small, little, tiny, little fluctuations that
211 00:32:25 --> 00:32:29 you can use to parlay and compound. And you can have a very, very small count,
212 00:32:30 --> 00:32:36 very, very small account and use just micro lots that's not even you're not
213 00:32:36 --> 00:32:40 you're not even trading with big leverage. But you can do a lot of these
214 00:32:40 --> 00:32:45 types of setups, and they can compound over time. And what happens if you use
215 00:32:45 --> 00:32:49 that structure, this approach, and you're finding maybe two or three of
216 00:32:49 --> 00:32:55 them a day, two or three of them a day, and you're you're gaining anywhere
217 00:32:55 --> 00:33:00 between one and a half to 3% a day. Think about that. But you're out there,
218 00:33:00 --> 00:33:05 trying to swing the bat, trying to get 10% 15% and you don't even know what
219 00:33:05 --> 00:33:10 you're doing half the time. So what I'm trying to teach Caleb is there is a
220 00:33:10 --> 00:33:14 plethora of opportunity every single day, even in ugly price action. You can
221 00:33:14 --> 00:33:21 use a 15 second chart. But the problem is, you as a viewer, as a new student.
222 00:33:21 --> 00:33:23 If I tell you these types of things, and I show you on a 15 second chart,
223 00:33:23 --> 00:33:27 immediately you want to sign up to trading view, or the equivalent, and
224 00:33:27 --> 00:33:31 have a 15 second chart and try to trade every optimal trade entry, every fair
225 00:33:31 --> 00:33:34 value gap, every potential inversion fair value gap, every order block. And
226 00:33:34 --> 00:33:38 then, because you don't know what you don't know, you end up hurting yourself.
227 00:33:38 --> 00:33:42 And you think, well, it's this is too complicated when it's really not
228 00:33:42 --> 00:33:46 complicated. What's complicated is, is you're you're not settled in on what
229 00:33:46 --> 00:33:50 you're aiming for, what you're what you're searching for in terms of a model
230 00:33:50 --> 00:33:56 or a setup. All you have to have is something that's going to be a catalyst
231 00:33:56 --> 00:34:01 for sending price higher or lower. What's the, what's, what's the factor
232 00:34:01 --> 00:34:06 that you're looking for in price, that's going to constitute a reason to expect
233 00:34:06 --> 00:34:13 price not going higher, not go sideways, but do go lower? Or why should it go
234 00:34:13 --> 00:34:19 higher, but not go sideways? But I think I just said that wrong. Let me say
235 00:34:19 --> 00:34:24 slower. This is where the Control M on Camtasia Studio would be, and I'd go in
236 00:34:24 --> 00:34:28 and say it again, and then I'd go back and editing part and cut that part out
237 00:34:28 --> 00:34:33 and leave the part I was supposed to say correctly. So what you're looking for is
238 00:34:33 --> 00:34:38 something that would promote a discount array to keep price from moving lower,
239 00:34:38 --> 00:34:43 but not go sideways, allowing and affording buy side delivery. That means
240 00:34:43 --> 00:34:49 moving higher in price, or identify a premium array where price should not go
241 00:34:49 --> 00:34:53 any higher, but do not go sideways, but affords the opportunity for sell side
242 00:34:53 --> 00:34:59 delivery to unfold in price or move lower. Okay, so that's essentially what.
243 00:35:00 --> 00:35:05 A high frequency trading algorithm is coded around that logic. That's all it's
244 00:35:05 --> 00:35:09 trying to do. It's not trying to be in there capturing the full daily range
245 00:35:09 --> 00:35:13 there are, there are algorithms that try to capitalize on that, but it's
246 00:35:13 --> 00:35:18 primarily in there with lots of transactions all day long. It's
247 00:35:18 --> 00:35:25 constantly firing off, and one of that, one of the advantages of having those in
248 00:35:25 --> 00:35:29 the marketplace where they catch a lot of flack, you know, people that don't
249 00:35:29 --> 00:35:32 know how to read price or understand how these markets actually book price,
250 00:35:32 --> 00:35:36 they'll vilify algorithms. Algorithms are messing up everything. Algorithms
251 00:35:36 --> 00:35:40 are actually making things a whole lot better. They're they're providing a
252 00:35:40 --> 00:35:48 great deal more of liquidity, and that should be smiled upon. But when you're
253 00:35:48 --> 00:35:51 looking at John Q Public, who doesn't really understand what price is doing,
254 00:35:51 --> 00:35:56 how it behaves, they're always looking for some external source to blame. When
255 00:35:56 --> 00:35:58 they lost money because they over leveraged, they gambled, they over
256 00:35:58 --> 00:36:02 traded, and or they just simply don't have a model, they don't know what
257 00:36:02 --> 00:36:05 they're doing, and they think just by pushing a button, like at the casino,
258 00:36:05 --> 00:36:08 they're going to get a jackpot. So when you when you look at things soberly,
259 00:36:08 --> 00:36:13 like that, it kind of it's refreshing number one, because it's not something
260 00:36:13 --> 00:36:16 that you should be fearful of. You should be thankful that there's a whole
261 00:36:16 --> 00:36:19 lot more liquidity in the marketplace because of their presence. They're
262 00:36:19 --> 00:36:22 always constantly buying and selling. It's not just they're only buying today
263 00:36:22 --> 00:36:25 or they're only buying right now. They're selling. They're buying and
264 00:36:25 --> 00:36:32 selling all day long. Boom, boom, boom. So knowing what you're looking for, you
265 00:36:32 --> 00:36:39 know, for instance, again, I told you the five minute, I'm sorry, the one
266 00:36:39 --> 00:36:49 minute candlesticks wick right here means I'm right here, that low up to
267 00:36:49 --> 00:36:52 that high, 18.75
268 00:36:54 --> 00:36:57 okay, that's what I'm highlighting with that little line that I drew across
269 00:36:57 --> 00:37:02 earlier. Right there. Look how it came up and hit that again, right there.
270 00:37:02 --> 00:37:07 That's a turtle suit. Old High hits it. What's it going to do if it goes there?
271 00:37:07 --> 00:37:12 Well, it can run down to that and then target the lows. I told you that my eye
272 00:37:12 --> 00:37:22 was drawn to here, and then consequent crochet with that wick down here. So if,
273 00:37:22 --> 00:37:30 if ICP could be personified for a moment, you can see that if I was a high
274 00:37:30 --> 00:37:39 frequency trading algorithm, that's what you get all live in front of you
275 00:37:39 --> 00:37:47 explained they could mean about it. You're out here looking at silly stuff,
276 00:37:48 --> 00:37:56 looking at indicators and whatnot, moving averages of V wop, none of that
277 00:37:56 --> 00:38:02 stuff is what's making price go up and down. I
278 00:38:10 --> 00:38:15 so we have the I don't know what's going on, but today feels like a lifetime. It
279 00:38:15 --> 00:38:21 feels like the last 30 minutes took, like an hour and a half, like time feels
280 00:38:21 --> 00:38:30 like it's moving extremely slow today, very, very slow. But in that, in that
281 00:38:30 --> 00:38:35 drawing, look at that. That's brilliant. In it, that consequence, encroachment.
282 00:38:36 --> 00:38:42 What's the price? Low? Look up here. I'm gonna move it over so you see that price
283 00:38:42 --> 00:38:45 right up your upper left hand corner, right where my cursor is. We're looking
284 00:38:45 --> 00:38:57 for 740, 1.75 this candle sticks low to the tick 77 41.75 find that, seriously.
285 00:38:57 --> 00:39:04 Find that and find a man bike off Elliot wave pitchforks. It's not, it's not
286 00:39:04 --> 00:39:13 there, folks, okay, it's not so you can break the same smaller microstructures
287 00:39:13 --> 00:39:19 down. And how does a high frequency trading algorithm add to a position? How
288 00:39:19 --> 00:39:23 would do that. Well, if you're looking for saying, for instance, that
289 00:39:23 --> 00:39:27 consequent crochet, I'm gonna, I'm gonna make this a little bit bolder
290 00:39:33 --> 00:39:36 and color it red. Okay, so that way what you see over here is this line over here
291 00:39:36 --> 00:39:42 on the 15 second chart, and then this level down here. I'm going to thicken
292 00:39:42 --> 00:39:48 that up and make it blue, so that way we can see a range upon how an algorithm
293 00:39:48 --> 00:39:54 would see this and how it could it build trades around it, so you have a short
294 00:39:54 --> 00:39:58 term high here. This is a really going because it wants to see an old high
295 00:39:58 --> 00:40:07 taken. You. There. So what would be above that short term high, bus stops,
296 00:40:07 --> 00:40:13 something trailed lower, okay, or a breakout to go long. It doesn't matter
297 00:40:13 --> 00:40:18 what the context is. It's just the premises. Above that high there is going
298 00:40:18 --> 00:40:21 to be liquidity, the algorithm that's being traded into the high frequency
299 00:40:21 --> 00:40:26 mechanism to, you know, harvest fluctuations in pricing all day long.
300 00:40:26 --> 00:40:32 It's not aware, just like the price engine is not aware, okay, of how many
301 00:40:32 --> 00:40:35 stops are above or below the marketplace. It does. It doesn't need to
302 00:40:35 --> 00:40:39 know that the premises is above old high and below and old low. There's liquidity
303 00:40:39 --> 00:40:43 there. It doesn't matter if it's one contract or if it's 10,000 contracts,
304 00:40:43 --> 00:40:47 it's just that's the underlying premise. That's why it's it's the same thing as a
305 00:40:47 --> 00:40:53 video game where the coding is done in a manner where it's Following the same
306 00:40:53 --> 00:40:59 logic. Pac Man can only go this way or that way, and the ghost can only move
307 00:40:59 --> 00:41:03 around inside of that maze, because that's the parameters upon which the the
308 00:41:03 --> 00:41:07 Maze was designed for that given level. And this is how many power dots are
309 00:41:07 --> 00:41:10 going to be in here. So it's always a static thing. It doesn't need to change
310 00:41:10 --> 00:41:14 every time you go to that same map when you play play, Call of Duty, the same
311 00:41:14 --> 00:41:19 stuff is there. What's changing the players, but they have to stay inside
312 00:41:19 --> 00:41:23 that realm of whatever that map is at the time of their gameplay. So when,
313 00:41:23 --> 00:41:29 when the price is being delivered, the algorithm that delivers price is already
314 00:41:29 --> 00:41:32 predetermined. This is, this is where it's going to go, this is where it's
315 00:41:32 --> 00:41:35 going to stop, and this is where it's going to hang around. It's all delivered
316 00:41:35 --> 00:41:43 by time we get the opportunity to trade inside that map, okay? Or that that
317 00:41:43 --> 00:41:51 spatial defined range of price action in the presence of time that we associate
318 00:41:51 --> 00:41:57 with a morning session, a more a lunchtime period, an afternoon session,
319 00:41:57 --> 00:42:01 a London session, an Asian session, each one of them is like a map when you're
320 00:42:01 --> 00:42:06 playing a video game. Okay? And before that price is delivered, it's already
321 00:42:06 --> 00:42:12 predetermined. It's scripted. Now, a lot of it's calculated based on previous
322 00:42:12 --> 00:42:16 days, range, last three days, range, previous weeks, range, previous months,
323 00:42:16 --> 00:42:21 range, and all of that's being done and calculated. And then the algorithm, if
324 00:42:21 --> 00:42:26 it's left to do what it's coded to do, it'll just do its thing. Unfortunately,
325 00:42:26 --> 00:42:30 on days like today and FOMC and nonprofit payroll, it's a wonderful
326 00:42:30 --> 00:42:37 opportunity for the handlers, okay, the owners of this price mechanism, they get
327 00:42:37 --> 00:42:42 to go in and stir it up a little bit. Okay? And it makes it makes it a little
328 00:42:42 --> 00:42:46 bit more wild. And to the untrained eye, it looks a little unorganized. It
329 00:42:46 --> 00:42:49 doesn't look like there's anything to do. There's no trade setups when there's
330 00:42:49 --> 00:42:52 a plethora of trade setups. But the problem is, it takes a great deal
331 00:42:52 --> 00:42:57 understanding about how you would frame these setups. So let's talk about one. I
332 00:42:57 --> 00:43:01 gave you the consequent crochet of this wick live in front of all of you, and I
333 00:43:01 --> 00:43:04 gave you this area here where I I thought that that was a little too
334 00:43:04 --> 00:43:11 smooth, and we were confirmed by the bodies up here, that inefficiency,
335 00:43:11 --> 00:43:17 that's this entire range here. We don't need this the main takeaway, folks, we
336 00:43:17 --> 00:43:21 don't need to see this low end of that inefficiency, that dotted line or dashed
337 00:43:21 --> 00:43:25 line here, that's the low on that daily inefficiency. We don't need it to trade
338 00:43:25 --> 00:43:29 all the way down there. I said that is a consequence. So we don't even need it to
339 00:43:29 --> 00:43:35 trade down there. Why? Because this is a wick, so the damage is probably done.
340 00:43:36 --> 00:43:40 And how can I still use this low consequent encroachment that just
341 00:43:40 --> 00:43:45 happens to be the lowest tick on that candlestick. Where did I get that from?
342 00:43:45 --> 00:43:51 Where did, where did, what book did I get that from? Right exactly. So when we
343 00:43:51 --> 00:43:54 have this old high here, and it trades right back up into this candlesticks,
344 00:43:54 --> 00:43:58 consequent approachment. In case you haven't noticed this yet, this could be
345 00:43:58 --> 00:44:04 your model. You're looking for opposing premium and discount consequence on the
346 00:44:04 --> 00:44:10 Wix. Oh, my goodness, that's very simple. That's easy, right? It's very
347 00:44:10 --> 00:44:15 easy. Wait for a qualifying indication and signature and price action that the
348 00:44:15 --> 00:44:19 price is respecting what the high end of that range of this inefficiency, if
349 00:44:19 --> 00:44:23 you're still lost, if you're still lost, if you just started watching the stream,
350 00:44:23 --> 00:44:26 you don't know what this is, I'll show to you before I close the stream again.
351 00:44:26 --> 00:44:31 But here we have liquidity, and it's the midpoint or consequent crochet of this
352 00:44:31 --> 00:44:36 wick I told you about watching. It trades above. It does two things. It
353 00:44:36 --> 00:44:41 goes above short term high where there's going to be liquidity, and it goes right
354 00:44:41 --> 00:44:45 to a point where the algorithm will refer back to what the price engine is
355 00:44:45 --> 00:44:51 doing. So there's a there's this handshaking, okay, that's, that's
356 00:44:51 --> 00:44:58 actually what the term is, where the algorithms that trade with the logic
357 00:44:58 --> 00:45:02 that the price engine delivers price. Because when those two come together in
358 00:45:02 --> 00:45:08 agreement, that's what causes these high frequency trading algorithms and price
359 00:45:08 --> 00:45:13 engine to meet perfectly. That gives you that very low tick being what I told you
360 00:45:13 --> 00:45:19 would look for. That's not random buying and selling pressure, because it's
361 00:45:19 --> 00:45:23 programmed and coded to go to these predetermined price levels. Because, I
362 00:45:23 --> 00:45:26 mean, I'm out here telling you in a live setting, this isn't pre recorded. I'm
363 00:45:26 --> 00:45:31 pointing to very specific things, and you're watching them unfold live. It's
364 00:45:31 --> 00:45:36 this logic that creates the buying and moving higher, and it's the selling that
365 00:45:36 --> 00:45:40 moves from here and moves lower. It has nothing to do with how many contracts we
366 00:45:40 --> 00:45:43 as a retail trader, or even institutional, big conglomerates,
367 00:45:43 --> 00:45:47 they're not controlling price either. They still have to operate in that map,
368 00:45:48 --> 00:45:54 just like a video game. We can only see price go beyond this measure, only if
369 00:45:54 --> 00:46:00 there's manual intervention. So if you can do an observation with me here,
370 00:46:01 --> 00:46:04 above the short term high trading into that one minute consequent encroachment
371 00:46:04 --> 00:46:10 wick that's over here. And it's trading right there. It hits it. And then we're
372 00:46:10 --> 00:46:16 looking for that constant approaching down here. They can go short here, then
373 00:46:16 --> 00:46:21 it breaks down a 15 second chart now and then when it creates these volume
374 00:46:21 --> 00:46:25 imbalances, which is what I'm telling you to look for in price action. Widen
375 00:46:25 --> 00:46:36 up a little bit here. Wind it not narrow enough. All this is porous price action.
376 00:46:36 --> 00:46:39 I'll explain that in a second. We're
377 00:46:47 --> 00:46:52 this candle sticks close on this black, down closed candle. This candle here has
378 00:46:52 --> 00:46:55 a little bit of a wick, but there's no bodies overlapping and touching between
379 00:46:55 --> 00:47:00 the two. And then you have the very next candle here, this small little pocket of
380 00:47:00 --> 00:47:07 inefficiency. It's just really porous. There's no There's no rhyme or reason as
381 00:47:07 --> 00:47:11 to why you could look at that with any retail perspective and say this is
382 00:47:11 --> 00:47:15 something that would constitute a buy or sell. But I'm telling you that that is
383 00:47:15 --> 00:47:19 in need of patchwork. I've already let the cat out of the bag and last last
384 00:47:19 --> 00:47:23 week stream, but this is called Patrick, where the price engine will come back up
385 00:47:23 --> 00:47:28 and redeliver into that area, allowing for an efficient, not inefficient, and
386 00:47:28 --> 00:47:33 inefficient delivery of price. So when the market trades in there, high
387 00:47:33 --> 00:47:39 frequency trading algorithms will work with this area and fire in shorts,
388 00:47:39 --> 00:47:47 shorts, shorts, shorts targeting this low, these smooth lows over here,
389 00:47:49 --> 00:47:56 constant approaching that wick. Any expansion beyond that takes us down into
390 00:47:56 --> 00:48:01 new day, opening gap on the 10th. But the algorithm only needs the high
391 00:48:01 --> 00:48:05 frequency triggering algorithm only needs to see, okay, if I'm going to sell
392 00:48:05 --> 00:48:12 short here, I'm going to add to it here. So going to short, add more, take
393 00:48:12 --> 00:48:19 something off below here, delivers to the tick down to the Contin encroachment
394 00:48:19 --> 00:48:27 of that width right there. You aren't going to get those levels of precision.
395 00:48:27 --> 00:48:32 You're not going to get it, but they'll get it all day long. They'll get it all
396 00:48:32 --> 00:48:39 day long, and they'll do it with less time than 15 seconds. It's just constant
397 00:48:39 --> 00:48:48 firing. So there are time frames that are less than one minute that you can
398 00:48:48 --> 00:48:53 visually see this occurring. And once you see it, once it's like today, what
399 00:48:53 --> 00:48:57 I'm explaining to you today, you won't find that in anybody else's material.
400 00:48:57 --> 00:49:01 You're not going to find it okay. They can call themselves a quant. They can
401 00:49:01 --> 00:49:06 call themselves, you know, former institutional trader, former market
402 00:49:06 --> 00:49:11 maker. This is all Greek to them. They have no idea what I'm explaining. But
403 00:49:11 --> 00:49:15 here I am. I'm explaining exactly what's going to happen in the market on a 15
404 00:49:15 --> 00:49:20 second chart to the tip. So we want to see if we can wipe out that low here,
405 00:49:20 --> 00:49:24 because right now it's hanging around the consequent crochet this week and
406 00:49:24 --> 00:49:29 spend too much time there, too much time. So let's see if it wants to
407 00:49:29 --> 00:49:33 explore an outside run of that inefficiency while we're looking at it,
408 00:49:33 --> 00:49:38 I'm going to show you what I'm referring to here again, for the folks that are
409 00:49:39 --> 00:49:43 not really getting I'm talking about. If you look at your daily chart on the
410 00:49:43 --> 00:49:51 NASDAQ, isn't it fun when you when you start seeing price like this, you're
411 00:49:51 --> 00:49:54 never, ever, ever going to fear missing a move. You're never going to miss
412 00:49:54 --> 00:49:58 you're never going to miss out on anything. Let's put it that way, because
413 00:49:59 --> 00:50:03 there's always something. To do. There's always something to engage in. There's
414 00:50:04 --> 00:50:07 always an opportunity. I'm sorry, zooming in without showing you what I
415 00:50:07 --> 00:50:13 was pointing to. Okay, here this candlestick, this big one, this wick
416 00:50:13 --> 00:50:19 that low, is right there. So what I'm doing is I'm I'm highlighting this
417 00:50:19 --> 00:50:23 candlesticks low, and now I'm going to change it just a little bit in color so
418 00:50:23 --> 00:50:29 that way you can see, over on the right hand side, see how it's different. Now
419 00:50:31 --> 00:50:34 that's the high end of that range right there. When we were watching it live
420 00:50:34 --> 00:50:37 together, I told you to watch this, or you see what the body's showing you.
421 00:50:38 --> 00:50:43 What this is when I talk about price action and showing signatures. Okay,
422 00:50:43 --> 00:50:46 this is where you write down stuff, folks. Okay, you screenshot this Caleb,
423 00:50:47 --> 00:50:52 and you start putting down in your own words what I've said. And then you start
424 00:50:52 --> 00:50:59 going into old charts, old moves, any time frame. The only benefit that these
425 00:50:59 --> 00:51:04 sub one minute charts provide you is it's lots more opportunity to study, and
426 00:51:04 --> 00:51:11 that equates to much more opportunities for the well rounded, not you know,
427 00:51:13 --> 00:51:17 action junkie, to go out there and trade all the time. There's certain things you
428 00:51:17 --> 00:51:20 still have to understand look for, but look very, very close. What do you see
429 00:51:20 --> 00:51:24 in this swing high? What do you see? There's a couple things that's occurring
430 00:51:24 --> 00:51:26 there, and I've already thought about these before, but I want you to think
431 00:51:26 --> 00:51:30 about what's occurring there, and I'll tell you exactly what the signatures
432 00:51:30 --> 00:51:35 are. But here is that range, and it's anchored to this, candlesticks low,
433 00:51:35 --> 00:51:39 which is there, and then candlesticks high, here. So we're highlighting this
434 00:51:39 --> 00:51:44 big black portion of this big downpost candle. Now we just expanded through see
435 00:51:44 --> 00:51:46 that. Let's go down into one minute
436 00:51:51 --> 00:51:55 chart. It's almost like I shouldn't know this stuff waiting for the knock of the
437 00:51:55 --> 00:52:05 door, aren't you? Imagine being 20 years old and you're the only person that
438 00:52:05 --> 00:52:11 knows it. Oh, see, these are the stories that make me want to turn you off. Good.
439 00:52:11 --> 00:52:16 Turn me off. You won't learn it. So back to this level here. I want you to think
440 00:52:16 --> 00:52:23 we'll go back to this in a second. The buy side's taken, drops down this little
441 00:52:23 --> 00:52:29 area of porous price action. There isn't bodies laying over top. Okay, between
442 00:52:29 --> 00:52:34 this candlestick here and this candlestick, these are two very broad
443 00:52:35 --> 00:52:39 candlestick bodies in between them. We have this little indecisive candle that
444 00:52:39 --> 00:52:44 Steve Nielsen would say it's some kind of silly pattern. No, all you have to do
445 00:52:44 --> 00:52:48 is look at the body that started it here, and it encapsulates it here. So
446 00:52:48 --> 00:52:52 that entire range, that's your volume of bounce. You will not draw it on that
447 00:52:52 --> 00:52:55 candlestick body, because some of you thinking you just drew that wrong, and
448 00:52:55 --> 00:52:59 you're typing up a comment. If you already send it on my previous posts,
449 00:52:59 --> 00:53:04 just go delete that because you know what you're talking about. So this is a
450 00:53:04 --> 00:53:08 real volume imbalance that's defined when you have an indecisive candle in
451 00:53:08 --> 00:53:12 the middle of it. Okay, so that's another PD array. Oh, but it's all still
452 00:53:12 --> 00:53:14 the same thing. Gaps are always fair value. Gaps are all the same. They're
453 00:53:14 --> 00:53:18 not they actually do certain things differently, but you'll, you'll learn
454 00:53:18 --> 00:53:23 about that as we go. You add to it here. You can take something off there, and
455 00:53:23 --> 00:53:27 then we have a small little inefficiency as well between this candlestick here
456 00:53:27 --> 00:53:32 and that candlestick there. The trade up into it. It's delivers trades lower and
457 00:53:32 --> 00:53:39 trades right to the tick. And then later on, we watched it doing, where's it at
458 00:53:39 --> 00:53:44 all this body working here at that midpoint of that wick, right there. I
459 00:53:44 --> 00:53:51 know it's hard to see, make a little bit broader, there you go. Feels like you're
460 00:53:51 --> 00:53:54 stealing, don't it, you're getting all this information for free. I can't
461 00:53:54 --> 00:54:00 believe this guy's teaching all this stuff for free. It's because I don't
462 00:54:00 --> 00:54:06 need your money, don't need courses, don't need your handouts. I don't need
463 00:54:06 --> 00:54:11 your tips. I don't even need your thank yous. How about that? So if we look at
464 00:54:11 --> 00:54:12 the 748
465 00:54:20 --> 00:54:27 and there you go. So when you start seeing a wick like this, and it starts
466 00:54:27 --> 00:54:33 building bodies around that, okay, any any short term premium array, while it's
467 00:54:33 --> 00:54:39 creating this in here, you want to use that as a short. Or if you're already
468 00:54:39 --> 00:54:44 short, you can add a very small, like, maybe toss in one more contract, also on
469 00:54:44 --> 00:54:49 two contracts, if you're holding, like, 1520, contracts, just toss on a small
470 00:54:49 --> 00:54:53 little just, just like, a kick it up a notch. Remember, like, got emerald gassy
471 00:54:53 --> 00:54:57 just, he's a chef. Used to be on TV. Maybe he's still, I don't know, but he
472 00:54:57 --> 00:55:01 would always, like, bam, and he would put the. The spice on there and kick it
473 00:55:01 --> 00:55:04 up a notch. It just gives it a little bit more kick in the ass when you got it
474 00:55:04 --> 00:55:09 right. Just one more little chef's kiss, because it's getting ready to take off,
475 00:55:09 --> 00:55:15 basically. So when it's hanging around in here, what do you see? Don't worry,
476 00:55:15 --> 00:55:18 we're going to come back to this. You're Oh, you didn't finish this. I know
477 00:55:18 --> 00:55:27 exactly what I'm doing. Okay, over here. What do you see? Do you see this gap
478 00:55:27 --> 00:55:34 here? Do you see the longest width? Here? You see that I
479 00:55:43 --> 00:55:51 uh, 768.25 okay, extend that over. Hammers it with this little gap being
480 00:55:51 --> 00:55:54 filled. So it's not just, let's fill this in. You got to look at that wick.
481 00:55:55 --> 00:55:58 It's the longest one. So that means that's the one your eyes going to jump
482 00:56:00 --> 00:56:03 to. How far can you go past that little gap? Consequent encroachment there?
483 00:56:03 --> 00:56:09 Boom, it affords it. And then tank city crosses over, end dog and an expansion
484 00:56:09 --> 00:56:15 even lower. This over here, when I was telling you, look right here, see what
485 00:56:15 --> 00:56:22 the bodies are showing you, they're indicating that, yes, we went all the
486 00:56:22 --> 00:56:30 way up to the tick. Oh, that end, dog. See that perfectly? And it's a high,
487 00:56:30 --> 00:56:35 highest, high, lower, high. So you have a swing high in place. But look what
488 00:56:35 --> 00:56:42 this wick is doing right there. What's it doing? It's only going half of this
489 00:56:42 --> 00:56:45 previous week. It's exactly what I taught you to look for in this
490 00:56:45 --> 00:56:52 mentorship, 2024, mentorship. I'm taking you behind the algorithm, pulling the
491 00:56:52 --> 00:56:56 veil back, showing you things that nobody can show you it cannot tell you
492 00:56:56 --> 00:57:00 the logic can't. I'm proven to you in front of you live. How can, how can it
493 00:57:00 --> 00:57:03 be cherry picked in hindsight? How can, how do I have the luxury of being able
494 00:57:03 --> 00:57:13 to do that? I don't. I'm out here on a tight wire with no net. 18,008 31.50
495 00:57:14 --> 00:57:21 what's the high of that candle? 18,008 31.75 you get one tick variance. So to
496 00:57:21 --> 00:57:24 get the high tick of that consequent encouragement, it has to deliver what
497 00:57:24 --> 00:57:30 one tick above it is it making a run into the high of that same wick,
498 00:57:30 --> 00:57:36 previous one touch of the end dog. No, when you see me doing the recordings,
499 00:57:36 --> 00:57:41 and you've probably seen it in other videos where I've shown, uh, executions,
500 00:57:41 --> 00:57:45 and they'll see where I'm going short and I'll add more to it right there. And
501 00:57:45 --> 00:57:48 they're like, man, dude, like he's adding right there. I'd be afraid I was
502 00:57:48 --> 00:57:53 getting stopped out. Why? If you understand these types of information is
503 00:57:53 --> 00:57:58 in price. Why would you be fearful of it? You wouldn't be fearful of it if you
504 00:57:58 --> 00:58:05 knew what I'm teaching and proving daily live streaming. It not hindsight, all
505 00:58:05 --> 00:58:08 these things that I'm teaching. It's the same logic. It's not morphing into
506 00:58:08 --> 00:58:12 anything different. I'm not form feeding. I'm not form fitting it for the
507 00:58:12 --> 00:58:16 sake of having it for this example or that example. Go back and listen to the
508 00:58:16 --> 00:58:20 lecture. If you take a note, you already know what I just talked about here. So
509 00:58:23 --> 00:58:30 when we have eight and a half minutes and we're going to close it, I want to
510 00:58:30 --> 00:58:36 keep these down to an hour or so, simply because even Caleb's tapping out saying
511 00:58:36 --> 00:58:40 that is too much. I can't I can't watch it all. It's starting to mess up his
512 00:58:40 --> 00:58:43 head because he thinks he has to keep up, just like someone you most of you
513 00:58:43 --> 00:58:47 feel you gotta keep up. You don't have to keep up. You watch the content at
514 00:58:47 --> 00:58:50 your own speed and your own pace. Don't feel like you gotta, you know,
515 00:58:50 --> 00:58:53 constantly be in here every single day keeping up with the rest of everyone
516 00:58:53 --> 00:58:57 else. It's maybe doing it live, because chances are, the people that are here
517 00:58:57 --> 00:59:00 live, they're not even taking good notes. They're just in here trying to
518 00:59:00 --> 00:59:04 wait for a setup or a signal be confirmed. Alright, so in this little
519 00:59:04 --> 00:59:09 area, right in here, all right, see this little high, and we talked about that
520 00:59:09 --> 00:59:15 wick there. You take this off, clean this up. Versus, there's no algorithm.
521 00:59:16 --> 00:59:23 There's no algorithm, bro, if you look at this little I grab the fifth I need
522 00:59:23 --> 00:59:28 to rectangle thing here.
523 00:59:37 --> 00:59:41 Okay, so that's a small little gap right there, and I'm going to highlight it
524 00:59:45 --> 00:59:51 there. So now that low, oh, this candlestick on that 15 second chart is
525 00:59:51 --> 00:59:58 this candlesticks low here, that makes the high of that inefficiency this
526 00:59:58 --> 01:00:03 candlesticks high makes. Low of that box, okay? And that's this candlestick
527 01:00:03 --> 01:00:07 on the 15 second chart. So now watch what's happening here inside of this
528 01:00:07 --> 01:00:14 inefficiency. If you were just looking at 15 second chart, you would think that
529 01:00:14 --> 01:00:24 this to this is your gap, when it's the higher level over here with this wick
530 01:00:24 --> 01:00:28 consequent encouragement, you gotta afford yourself the ability to trade
531 01:00:28 --> 01:00:32 outside that. If you don't, if you don't start looking at price, and start
532 01:00:32 --> 01:00:36 studying price like this and annotating them, and then go back and look at my
533 01:00:36 --> 01:00:40 trade executions, you'll see why my stop is where it's at all time, where I'm
534 01:00:40 --> 01:00:45 placing a stop, why it's always looking phenomenal and it gets close to it, and
535 01:00:45 --> 01:00:52 you're all sweating. I'm using this logic. I'm looking at, how far can it
536 01:00:52 --> 01:00:58 color outside the lines? Okay, how far can this wick go beyond that little,
537 01:00:58 --> 01:01:06 tiny gap between this candle sticks low and that candlesticks high. If you don't
538 01:01:06 --> 01:01:09 look for those types of things, you could be right about what it is that
539 01:01:09 --> 01:01:14 you're learning from me. Know where it's going to go. Nail down a really good
540 01:01:14 --> 01:01:22 entry, phenomenal entry, maybe even add to an existing position, but then you do
541 01:01:22 --> 01:01:27 something ill advised, because you don't know the things I'm teaching today. This
542 01:01:27 --> 01:01:32 is the very high end, top tier type level of teaching. If you understand
543 01:01:32 --> 01:01:36 what's being presented here, you're never going to run short on entries or
544 01:01:36 --> 01:01:41 trade setups, but more specifically, how you are going to manage your dynamic
545 01:01:41 --> 01:01:46 risk. That means once a trade position is open, your stop loss has to start
546 01:01:46 --> 01:01:51 reducing in its risk. That doesn't mean jam it up immediately to break even or
547 01:01:51 --> 01:01:55 plus something. That's the problem. The problem in the industry is is you're all
548 01:01:55 --> 01:02:00 trying to protect yourself from losing immediately. When you have to allow and
549 01:02:00 --> 01:02:08 afford yourself risk. There has to be some comfort in assuming initial risk.
550 01:02:10 --> 01:02:16 Trying to remove risk is a paramount thing in trading, yes, but it's usually
551 01:02:16 --> 01:02:21 done so in the hands of the unlearned and the neophyte is they they quickly
552 01:02:21 --> 01:02:26 want to get out of that pain, that pain area where, if it goes against me, I'm
553 01:02:26 --> 01:02:29 going to lose. I don't want to I don't want to lose. I don't want to lose. You
554 01:02:29 --> 01:02:32 got to give your trades time to develop a little bit and start running down
555 01:02:32 --> 01:02:37 range. Once they get to 25% of what you think the profit target is. Then, if you
556 01:02:37 --> 01:02:40 want to take it to break even and cover your cost of commissions, you're still
557 01:02:40 --> 01:02:43 probably going to get stopped out sometimes, and it'll still probably run
558 01:02:44 --> 01:02:49 in your direction. But that insight that paid premium education that you're
559 01:02:49 --> 01:02:52 paying for by getting stopped out and not making all the money you thought
560 01:02:52 --> 01:02:55 you're going to make on that transaction or that trade, the information you get
561 01:02:55 --> 01:03:01 from it yields so much to lean upon in the future. But you're you're trying to
562 01:03:01 --> 01:03:05 prevent that without knowing that. That's what you're doing. The things
563 01:03:05 --> 01:03:09 that you have that are going to be your best footholds in your progress are the
564 01:03:09 --> 01:03:11 things that you're never going to recognize because you're trying to do
565 01:03:11 --> 01:03:14 things like, I need to get my stops to break even, or I don't want to use a
566 01:03:14 --> 01:03:17 stop loss because I don't want to get stopped out because I don't know how to
567 01:03:17 --> 01:03:22 use stop loss properly. That's what I'm teaching. I'm teaching that so that way
568 01:03:22 --> 01:03:26 you should not be if anybody sends me charts, or if you, if you see them
569 01:03:26 --> 01:03:29 sharing a chart online and they're showing a profit that's open and
570 01:03:29 --> 01:03:37 running, but there is no stop loss, unfollow them or block them, because
571 01:03:37 --> 01:03:40 what you're seeing is a clout chaser. That is the clearest indication that
572 01:03:40 --> 01:03:45 that is a person that is chasing clout. They want you to focus on what they feel
573 01:03:45 --> 01:03:48 in that chart or that picture. Look at the numbers I'm showing here. What
574 01:03:48 --> 01:03:52 you're showing me with 32 years of doing this is you don't know how to trade, and
575 01:03:52 --> 01:03:56 you finally got something lucky, and you don't want to, you don't want to put a
576 01:03:56 --> 01:03:59 stop loss on there between the time you've taken the picture of it, because
577 01:03:59 --> 01:04:02 it might spike down because you have need rational fear, because you want to
578 01:04:03 --> 01:04:06 hold on to it. Hopefully it moves a little bit more. You can go online, say,
579 01:04:06 --> 01:04:12 but look at this trade. ICT, but there's no stop loss. So you're you're a moron,
580 01:04:12 --> 01:04:16 you're an idiot. Okay, you're trying to sell the image to people that don't know
581 01:04:16 --> 01:04:20 any better, but I knew better, and people even you know less than
582 01:04:20 --> 01:04:24 experience and I do that make real money. They can look at this stuff like
583 01:04:24 --> 01:04:28 that and say, This is nonsense, but that's what gets everybody's attention
584 01:04:28 --> 01:04:31 online. They don't want to sit into a lecture like this, where I'm literally
585 01:04:31 --> 01:04:35 telling you the science behind why the market will go, to where it's going to
586 01:04:35 --> 01:04:39 go, how far it will go. And then when you take that logic, you start framing
587 01:04:39 --> 01:04:43 it around. Okay, well, what happens if I start having a real bias for the session
588 01:04:43 --> 01:04:48 or for the day, how, how might that impact my trading, and how can I use
589 01:04:48 --> 01:04:54 this to benefit my stoplight stop loss management, my stop loss placement? How
590 01:04:54 --> 01:04:59 can I afford new pyramid entries if I'm on side, if the trade's really paying
591 01:04:59 --> 01:05:02 out my favorite I have a. Whole lot more room for the trade to go in my favor.
592 01:05:02 --> 01:05:07 And I'm not past the 50% threshold of whatever. I think that target is. Say
593 01:05:07 --> 01:05:10 it's 100 100 handles that you're holding. For some of you might be
594 01:05:10 --> 01:05:15 thinking yourself, dude, that's that's so outside my my realm of potential. I'm
595 01:05:15 --> 01:05:18 sure Tanya trades probably thought that initially when, when she first started
596 01:05:18 --> 01:05:22 learning how to do this, but she's pulling down 100 plus handles right in
597 01:05:22 --> 01:05:27 front of all of you on her live streams. So and she's a woman, not that's a
598 01:05:27 --> 01:05:32 discounted opinion. That's actually me lifting it up. I'm trying to tell you,
599 01:05:32 --> 01:05:35 young men, that you're trying to do things through the perspective of an
600 01:05:35 --> 01:05:41 ego, and you're preventing yourself from growing progressively and modularly, and
601 01:05:41 --> 01:05:46 letting these things that are going to occur naturally, that's going to give
602 01:05:46 --> 01:05:49 you more insight about yourself, and it's going to reveal opportunities. What
603 01:05:49 --> 01:05:56 do you need work on? How can you know what that is until you fail at it? How?
604 01:05:56 --> 01:06:03 How can you I got one minute left? How can you make yourself improve. If you're
605 01:06:03 --> 01:06:07 not having adversity like weight training, you can't get bigger muscles
606 01:06:07 --> 01:06:11 and stronger muscles unless you have resistance. But you want no resistance
607 01:06:11 --> 01:06:15 in your trading. You want no resistance whatsoever. That's not That's not the
608 01:06:15 --> 01:06:19 equivalent of low resistance liquidity. You still have resistance in your trade.
609 01:06:19 --> 01:06:22 It's not going a straight line. The best, best conditions in trading are
610 01:06:22 --> 01:06:25 trading in low resistance liquidity runs. But that doesn't mean it's not
611 01:06:25 --> 01:06:29 stopping and pausing and creating new opportunities to add more. It just means
612 01:06:29 --> 01:06:35 that that's the cleanest price run. Some of you want to take the furthest extreme
613 01:06:35 --> 01:06:38 and make it that's the only way you you're going to be able to do it, or
614 01:06:38 --> 01:06:41 you're not going to be satisfied, and it has to happen immediately, or it's all
615 01:06:41 --> 01:06:47 scam. It's a frog. And you just have two high expectations and two short time
616 01:06:48 --> 01:06:54 horizon goals, and they're in your way. They are in your way. And you, you came
617 01:06:54 --> 01:06:59 up with those ideas. Nobody else gave them to you. So this inefficiency in
618 01:06:59 --> 01:07:04 here, this one single can on the 15 second chart. You think that it might
619 01:07:04 --> 01:07:10 need to come all the way back up to here for your entry. The low end of this
620 01:07:10 --> 01:07:15 rectangle here, which is this one right there on that this candle sticks high on
621 01:07:15 --> 01:07:20 the one minute that right there, that's where the entry would be. But your stop
622 01:07:20 --> 01:07:24 has to take into account that that wick over here, it can trade up to its
623 01:07:24 --> 01:07:31 constant encroachment. Now think, if that's occurring, what else do you have
624 01:07:31 --> 01:07:35 to factor in the fact that this is an up close candle amongst down closed
625 01:07:35 --> 01:07:41 candles. So that is what bearish order block. So your stop has to do what refer
626 01:07:41 --> 01:07:45 to that opening price, because that's a change in the state of delivery, in this
627 01:07:45 --> 01:07:52 price. Run here, that right there, that opening price, your stop has to have at
628 01:07:52 --> 01:07:56 least that in terms of where it needs to be placed, but that's it. That's a
629 01:07:56 --> 01:07:59 really big stop loss. No, it's not. I mean, it's a lot, if you're trying to do
630 01:07:59 --> 01:08:04 30 contracts on your funded account because they said you can trade it. I
631 01:08:04 --> 01:08:07 mean, I don't know. Is there even a fund account company that allows you do that
632 01:08:07 --> 01:08:13 many contracts? I don't know. It's suicide, if that's if that's the truth,
633 01:08:13 --> 01:08:18 tell me. So your stop loss would have to be one tick above that, and that's above
634 01:08:19 --> 01:08:24 this inefficiency. See that it trades up now, as soon as this candlestick closes
635 01:08:24 --> 01:08:28 and we open, start trading down, you would be watching and saying, Okay, I
636 01:08:28 --> 01:08:32 have confirmation that the body didn't even close at the high end of this
637 01:08:32 --> 01:08:37 inefficiency, but it traded just a little bit outside of that one. That
638 01:08:37 --> 01:08:41 makes this a mohawk. All all this price action. Here is a mohawk. We know that
639 01:08:41 --> 01:08:46 when this candlestick starts delivering like that, and any little retracement in
640 01:08:46 --> 01:08:50 here, what are we looking for? We want to see the middle of this inefficiency,
641 01:08:51 --> 01:08:54 hold it at bay. It should not go any higher than that, because it's already
642 01:08:54 --> 01:08:58 done what it's done, the work of going into the upper half of it. So we'll take
643 01:08:58 --> 01:09:03 this one off. Say what I have to say that, and then we'll close today. Look
644 01:09:03 --> 01:09:08 what it's doing. It trades to it. Look at the bodies. Is it indicating that it
645 01:09:08 --> 01:09:12 wants to go in the upper half of it? No, the bodies are telling you. They're
646 01:09:12 --> 01:09:15 literally telling you that we've already done the work here, and because I told
647 01:09:15 --> 01:09:20 you over here, it's spending too much time right there. And watch and see if
648 01:09:20 --> 01:09:23 we don't get a flush down into New Day opening gap and expand and expand lower.
649 01:09:23 --> 01:09:29 Did it? Do it? Did you hear me talking about going higher? Was it a buy? Was it
650 01:09:29 --> 01:09:32 something like a turtle soup long? Something like that? No.
651 01:09:33 --> 01:09:38 Like this is on side. LLC, here. Okay, that's a that's what this is. This is
652 01:09:38 --> 01:09:42 the cult of winning. Okay, you want to be a cult member. Okay, all you gotta do
653 01:09:42 --> 01:09:46 is show up be a proud member of the people that know what the fuck is going
654 01:09:46 --> 01:09:51 on around here. So that upper portion right there should not be traded to
655 01:09:51 --> 01:09:56 because it's already been delivered there. At the same time, we're
656 01:09:56 --> 01:10:00 consolidating and building blocky price action with these bodies. These right at
657 01:10:00 --> 01:10:05 the conchment. Let me tell you something. Okay, there is never going to
658 01:10:05 --> 01:10:10 be a time. There's very few things that are absolute in trading and technical
659 01:10:10 --> 01:10:14 analysis, okay, but we don't do technical analysis. Do technical science
660 01:10:16 --> 01:10:22 a consequent encroachment of a wick, okay? When it has everything leaning
661 01:10:22 --> 01:10:26 that it's likely to go lower. If it starts building bodies of the
662 01:10:26 --> 01:10:33 candlesticks around that consequent encroachment, it's going to go lower. So
663 01:10:33 --> 01:10:40 if you've missed a price run, you missed it. Okay, well, okay, that's no problem.
664 01:10:40 --> 01:10:44 This candlestick, you know the fact that it runs into this premium array
665 01:10:45 --> 01:10:49 consequent encroachment. Use the order block as your stop placement. That's
666 01:10:49 --> 01:10:53 your high end. You got to be able to frame a trade that's small enough that
667 01:10:53 --> 01:10:57 that won't hurt you if you get stopped out, but it's big enough for you to care
668 01:10:57 --> 01:11:02 about the trade. That's the that's the balancing point. Do you care about what
669 01:11:02 --> 01:11:05 you're making and losing in the trade? Because if you don't, you're not trading
670 01:11:05 --> 01:11:07 large enough. But if you're trading so large that every little tiny
671 01:11:07 --> 01:11:10 fluctuation, or the moment you put the trade on, you're in panic, you're
672 01:11:10 --> 01:11:14 trading too high leverage. So you need to find out what that is, and the only
673 01:11:14 --> 01:11:17 way you can do that is start trading with micros. Just get good at doing
674 01:11:17 --> 01:11:20 that, because you're going to find that even that is going to be like a very
675 01:11:20 --> 01:11:23 hard thing to go through. You're gonna be stressed out because you're the
676 01:11:23 --> 01:11:28 outcome is monetized, even if it's for peanuts, little bit a little bit of
677 01:11:28 --> 01:11:32 money, the fact that you're making or losing it's gonna when you make 20 bucks
678 01:11:32 --> 01:11:39 in that you just be like, Yes, oh yeah, where's my stage. Everybody's recognized
679 01:11:39 --> 01:11:47 me. Look at me. 20 bucks, baby, 20 bucks. How about it? But if you lose 10,
680 01:11:48 --> 01:11:52 it feels like you've lost your wife. It just took something from you. You're
681 01:11:52 --> 01:11:58 missing your first form. See, your mind thinks this way because you have been
682 01:11:58 --> 01:12:02 learning your entire life to look at things like that, you're always a
683 01:12:02 --> 01:12:06 victim, but you're owed everything too. You need to change that. You don't have
684 01:12:06 --> 01:12:09 it because you don't go after it, and you don't know it because you haven't
685 01:12:09 --> 01:12:12 studied it, and you don't have any excuses. There's somebody right here
686 01:12:12 --> 01:12:15 talking to it, and it's exactly what's going on, and you're not having to pay
687 01:12:16 --> 01:12:20 for it. So when you go through your charts, Caleb, today, you're gonna have
688 01:12:20 --> 01:12:28 to use mine, but the the elements that price delivers, like this whip that way
689 01:12:28 --> 01:12:35 you can get a good screenshot. Okay, that right there. That's this wick up
690 01:12:35 --> 01:12:42 here on the one minute chart, and then all the way down here. That's here.
691 01:12:42 --> 01:12:48 Okay, so one of the other exercises, whenever you have a fair value gap on a
692 01:12:48 --> 01:12:50 higher time when you do this at any time frame, don't think that what I'm about
693 01:12:50 --> 01:12:56 say only applies to a daily chart. But if you have any inefficiency, any
694 01:12:56 --> 01:13:01 inefficiency, think about what I'm saying. If you run standard deviations
695 01:13:01 --> 01:13:08 on that. That means, if you use measure, move concepts where this range high down
696 01:13:08 --> 01:13:13 to that low, if you take that range and you replicate it and move it lower, in
697 01:13:14 --> 01:13:18 order to do something like this, I promise this is last thing I'm saying. I
698 01:13:18 --> 01:13:20 have to get off here, because I'm already wanting to talk about a whole
699 01:13:20 --> 01:13:25 lot more stuff. My son's probably gonna be looking at the video time and be
700 01:13:25 --> 01:13:31 like, see, you can't even I can't help it. I loved it. I'd love this, and you'd
701 01:13:31 --> 01:13:35 love the fact that I love it. Okay, so anyway, here is one standard deviation
702 01:13:35 --> 01:13:38 lower. So it's reasonable to expect it to move at least that much. But what
703 01:13:38 --> 01:13:41 happens if it wants to go just a little bit further. What's that teaching
704 01:13:42 --> 01:13:45 whenever you have a range, or dealing range, and you want to see how far it
705 01:13:45 --> 01:13:49 can run for external range, liquidity, what's the easiest little, tiny, little
706 01:13:49 --> 01:13:52 thing that you can change in your Fibonacci to get that level real quick?
707 01:13:52 --> 01:13:56 What is it? I can't hear you say it louder. The guy in the back, in the
708 01:13:56 --> 01:14:02 right hand side, what was that? 1.25 right. You are right, sir, you are
709 01:14:02 --> 01:14:09 right. Damn. He read my mind. Go over to the 1.5 level and just add a two to
710 01:14:09 --> 01:14:16 that, okay. And then Okay, right there. That is a beautiful area to anticipate,
711 01:14:16 --> 01:14:20 external range beyond the scope of this is a measured move. You get that right
712 01:14:20 --> 01:14:24 there. You're content. You're done. Don't worry about chasing anything else.
713 01:14:24 --> 01:14:28 If you're trying to be a session trader, we're going into lunch hours. Just
714 01:14:28 --> 01:14:35 relax. You would have made more points, more handles, more ticks than any other
715 01:14:35 --> 01:14:41 YouTuber out there. It would just simply been an outclassed just total
716 01:14:41 --> 01:14:52 decimation. Trading with this down to the wick over here, getting that move
717 01:14:52 --> 01:14:55 right to the tick that right there would have been a superstar move for you, like
718 01:14:55 --> 01:15:00 you would, it would supercharge you. And then, like, Man, I saw that coming. But
719 01:15:00 --> 01:15:09 now the problem lies in here. If you use that midpoint of that wick over here,
720 01:15:09 --> 01:15:14 that's that constant encroachment. If we would have used that price with your
721 01:15:14 --> 01:15:16 limit, you never would have been filled. So then you would have had the the
722 01:15:16 --> 01:15:22 conundrum of being right and perfect where price is going to go, but you
723 01:15:22 --> 01:15:27 can't get out of your trade. So you have to do what. You have to fluff up and
724 01:15:27 --> 01:15:34 afford yourself the flexibility to be slightly off with your exits. And that's
725 01:15:34 --> 01:15:39 always been my problem. For the last 30 years, I have not mastered the element
726 01:15:39 --> 01:15:44 of being content with my exits. I'm never content with them, because there's
727 01:15:44 --> 01:15:48 always opportunity to improve on them. And I'm always, always tinkering with
728 01:15:48 --> 01:15:53 that aspect of my trading entries. I have enough stop placement. I have
729 01:15:53 --> 01:15:57 perfect logic when it comes to that. I have no problems with knowing when to
730 01:15:57 --> 01:15:59 add to a trading position. I have no problem with pyramiding. I have no
731 01:15:59 --> 01:16:04 problem taking out partials. My problem is, is my terminus, my weaknesses, inner
732 01:16:04 --> 01:16:10 circle trader. The trader is where my targets are satisfying my pursuit of
733 01:16:10 --> 01:16:14 perfection. And this is a problem for me, because I'm slightly obsessively
734 01:16:14 --> 01:16:21 compulsive, and I want to get perfect exits. But I know common sense will tell
735 01:16:21 --> 01:16:25 you, too that it's not reasonable to anticipate and expect that you would
736 01:16:25 --> 01:16:29 have perfect exits. So if you can have rules that deliver on the basis of
737 01:16:29 --> 01:16:35 things I'm teaching here today, if you don't catch the last 15 to 20 handles,
738 01:16:35 --> 01:16:39 is it going to be Earth chatting when you've made hundreds of handles in the
739 01:16:39 --> 01:16:45 move going lower, it shouldn't. So don't fall on the same mindset that I had,
740 01:16:45 --> 01:16:49 that that is not good enough, because it is. It's absolutely Olympic feet level,
741 01:16:49 --> 01:16:55 like it's gold medal winning. But because I have trained myself to think
742 01:16:55 --> 01:16:59 that it isn't, and journaled early on all wrong, telling myself I should be
743 01:16:59 --> 01:17:02 better than this. I should be able to do that better. I should be able to know
744 01:17:02 --> 01:17:06 this by this time, I did all the things I'm telling you not to do in your
745 01:17:06 --> 01:17:10 journal, and it creates scar tissue. And I wrestle with these things. I remember
746 01:17:10 --> 01:17:13 trades from 30 years ago. When I get into certain market conditions, I'm
747 01:17:13 --> 01:17:17 like, I remember the last time I did this, and it It recalls something
748 01:17:17 --> 01:17:21 negative. And then while the trades going, I'm fighting to forget about
749 01:17:21 --> 01:17:26 that, because I have scar tissue, so it's harder for me to wrestle through
750 01:17:26 --> 01:17:29 some kinds of trades, because I have hurt myself in the past as a young man.
751 01:17:30 --> 01:17:35 So for the folks that are trying not to do what I'm teaching correctly, you're
752 01:17:35 --> 01:17:39 inviting that same problem, and it's very hard to deal with it, especially if
753 01:17:39 --> 01:17:45 you start trading with size, you start having real big positions on it. Just it
754 01:17:45 --> 01:17:48 exponentially increases the level of stress that you have to, you know,
755 01:17:48 --> 01:17:53 wrestle with, and that's the business. So anyway, that's today's lecture.
756 01:17:53 --> 01:17:56 That's what we got for you today. Hopefully you found it insightful.
757 01:17:56 --> 01:18:02 Hopefully you learned something today. Study this little area in here I talked
758 01:18:02 --> 01:18:05 about on the record trading hours. It's right now it's showing on electronic
759 01:18:05 --> 01:18:09 trading hours. And let me get one more shot for this area here, right there.
760 01:18:09 --> 01:18:11 Caleb, you see that little pocket of price action? That's what we were
761 01:18:11 --> 01:18:15 watching, that becomes a balanced price range once it leaves it and the bodies
762 01:18:15 --> 01:18:20 were respecting it there, right there. And then everything starts going lower.
763 01:18:21 --> 01:18:26 So that's a that's it. I got nothing else for you. I have lots more. But I
764 01:18:26 --> 01:18:30 found get off here. I'm famed and I haven't I didn't go live stream
765 01:18:30 --> 01:18:33 yesterday. Can you tell I'm going through withdrawal? But anyway, I'll
766 01:18:33 --> 01:18:39 talk to you guys tomorrow. Lord willing, I will try my best to schedule a lending
767 01:18:39 --> 01:18:44 session. I had personal things that I take care of yesterday that prevented
768 01:18:44 --> 01:18:48 it. So it's not the product of wanting to do it. It's just I take care of that.
769 01:18:48 --> 01:18:53 So that's behind me. So we'll figure out what we can do either tonight or
770 01:18:54 --> 01:18:58 Thursday and Friday morning, and then we'll see what we got for for that. Just
771 01:18:58 --> 01:19:04 know that we'll be talking about forex, but it's just going to be in addition to
772 01:19:04 --> 01:19:08 what I'm talking about with futures. So it'll be, I'll pull up some charts,
773 01:19:08 --> 01:19:14 POUND DOLLAR, the dollar index and Euro dollar, and I'll ring in some insights
774 01:19:14 --> 01:19:18 about those markets. But we're still primarily talking about the index
775 01:19:18 --> 01:19:22 futures, so don't think that it's going to be an entire session of just Forex
776 01:19:22 --> 01:19:26 related information. It's just me bringing in information on London as it
777 01:19:26 --> 01:19:29 relates to those markets. Okay, so until I'll talk to you tomorrow, Lord willing
778 01:19:30 --> 01:19:30 be safe. Do.