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Last modified by Drunk Monkey on 2024-09-25 09:33
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2 |1 |00:00:26 ~-~-> 00:00:35 |ICT: Well, good morning, folks. How are you welcome? Welcome, welcome. Just
3 |2 |00:00:35 ~-~-> 00:00:48 |waiting for the opening tick here so I can get the I me open the ranks gap. See
4 |3 |00:00:48 ~-~-> 00:00:50 |if I can hear this old man talking
5 |4 |00:01:02 ~-~-> 00:01:09 |four more seconds. All right, there we go.
6 |5 |00:01:15 ~-~-> 00:01:19 |All right, so we have a mid gap, 19,008, 43, I
7 |6 |00:01:26 ~-~-> 00:01:38 |so in Upper charts, and I wanted to do that for the micro NASDAQ as well. So
8 |7 |00:01:38 ~-~-> 00:01:43 |for folks that don't have the amount of capital that's required to trade a mini
9 |8 |00:01:43 ~-~-> 00:01:51 |contract. Good morning again, by the way. Hope you're doing well. You can
10 |9 |00:01:51 ~-~-> 00:01:56 |trade the micro, and you can actually do very well trading just the micro. And
11 |10 |00:01:56 ~-~-> 00:02:01 |we're going to compare and contrast what we see in relationship between the two.
12 |11 |00:02:16 ~-~-> 00:02:20 |Upper left, I'm sorry, upper right hand corner chart is the micro December
13 |12 |00:02:20 ~-~-> 00:02:29 |contract, and it's a 15 second chart. And the lower right is the 15 second
14 |13 |00:02:29 ~-~-> 00:02:35 |chart of the mini December contract for NQ one minute charts, respectively. On
15 |14 |00:02:35 ~-~-> 00:02:40 |the left hand side, micro NASDAQ for December delivery. Upper left, lower
16 |15 |00:02:40 ~-~-> 00:02:46 |left is December contract for the Mini.
17 |16 |00:02:57 ~-~-> 00:03:05 |Okay, so really large opening range gap always give the chance for the market to
18 |17 |00:03:05 ~-~-> 00:03:10 |try to give the public some reason to chase it when there's a huge gap like
19 |18 |00:03:10 ~-~-> 00:03:10 |that.
20 |19 |00:03:19 ~-~-> 00:03:26 |I have an appointment I have to be at today, so I will certainly do my best to
21 |20 |00:03:26 ~-~-> 00:03:31 |do a execution. If I have to do it on a 15 second, I will, but I'm trying to use
22 |21 |00:03:31 ~-~-> 00:03:40 |the one minute for my execution. If I can't do one today during the session,
23 |22 |00:03:40 ~-~-> 00:03:43 |I'll try to do my best to come in and do the afternoon last hour, I'll live
24 |23 |00:03:43 ~-~-> 00:03:48 |stream that. So if I can get an execution off win or lose during the
25 |24 |00:03:48 ~-~-> 00:03:55 |live stream the if I get one this morning, I won't be on the last hour,
26 |25 |00:03:55 ~-~-> 00:03:58 |trading in a live stream today. But if I can't get one, then I will live stream
27 |26 |00:03:58 ~-~-> 00:04:02 |this afternoon. But I absolutely have to close the stream today at 1030 so
28 |27 |00:04:04 ~-~-> 00:04:08 |usually I'll say that stuff and I'll stay longer, but that can't happen
29 |28 |00:04:08 ~-~-> 00:04:10 |today. Absolutely have to get out of
30 |29 |00:04:19 ~-~-> 00:04:24 |here. Okay, so look at this huge gap in here. Upper left hand corner will
31 |30 |00:04:27 ~-~-> 00:04:38 |graphically depict that with this here huge gap. And obviously the same thing
32 |31 |00:04:38 ~-~-> 00:04:41 |appears here in the mini
33 |32 |00:04:47 ~-~-> 00:04:53 |so, as most of you know, last week or so, we were really eyeballing that
34 |33 |00:04:55 ~-~-> 00:05:03 |August 27 through to August 29 2024 and. A 60 minute relative equal highs on
35 |34 |00:05:03 ~-~-> 00:05:12 |NASDAQ, and when we rolled over Tuesday for September's delivery to December's
36 |35 |00:05:12 ~-~-> 00:05:17 |delivery, that means we're no longer trading or watching the September
37 |36 |00:05:17 ~-~-> 00:05:21 |contract. We're watching the December contract. And I failed to mention what
38 |37 |00:05:21 ~-~-> 00:05:32 |the catalyst was for me to determine the rollover, and I'm watching this over
39 |38 |00:05:32 ~-~-> 00:05:41 |here. You guys are always trying to call me throwing the live streams, and I'm
40 |39 |00:05:41 ~-~-> 00:05:50 |not interested in talking to you, so stop doing that. That's the problem with
41 |40 |00:05:50 ~-~-> 00:05:54 |the Freedom of Information Act. Everybody can do a search, but I'm gonna
42 |41 |00:05:54 ~-~-> 00:05:59 |get a phone number here shortly that's not linked to me at all, and this phone
43 |42 |00:05:59 ~-~-> 00:06:08 |number is gonna go away because you all have abused it. All right, so we have a
44 |43 |00:06:08 ~-~-> 00:06:16 |lot of range between where we opened all the way down to mid gap. So 19,008
45 |44 |00:06:17 ~-~-> 00:06:28 |43.50, and 18,000 I'm sorry, 19,008 44 and a half for the micro. So they're
46 |45 |00:06:28 ~-~-> 00:06:33 |very close. It's only off by a tick, or no, I'm sorry, a full, full handle. So
47 |46 |00:06:33 ~-~-> 00:06:43 |it's 44.5 for the micro. And the mini shown is 843, and a half. I'm
48 |47 |00:07:07 ~-~-> 00:07:15 |now, just for the sake of your notes and whatnot, if we weren't seeing such a
49 |48 |00:07:16 ~-~-> 00:07:23 |several 100 handle opening gap this area, right here on the 15 second chart.
50 |49 |00:07:23 ~-~-> 00:07:26 |I would have already used that for institutional overflow entry drill, so I
51 |50 |00:07:26 ~-~-> 00:07:30 |would already have a initial position on but because it's such a large gap, I'm
52 |51 |00:07:30 ~-~-> 00:07:35 |giving a chance for the market to try to make an attempt to run on its initial
53 |52 |00:07:35 ~-~-> 00:07:43 |high, there's plenty of range there. As I, as I showed the other day during
54 |53 |00:07:43 ~-~-> 00:07:53 |FOMC, if I was watching another YouTuber cover what he does and wasn't trading
55 |54 |00:07:53 ~-~-> 00:07:58 |until the last few minutes when I was going to leave that YouTuber stream, I
56 |55 |00:07:58 ~-~-> 00:08:05 |just put something on shared it on my Twitter. Or x again, I refuse to call it
57 |56 |00:08:05 ~-~-> 00:08:07 |excellent. Something needs sense. Sounds pornographic. I
58 |57 |00:08:25 ~-~-> 00:08:30 |uh, the execution I'll do today on the micro. I have been asked several times,
59 |58 |00:08:30 ~-~-> 00:08:38 |can I do it on the micro, and how can we use the CFDs that I will do that
60 |59 |00:08:38 ~-~-> 00:08:47 |tomorrow. So the topic for trading, the US 100 the US 500 and US 30. We'll put
61 |60 |00:08:47 ~-~-> 00:08:52 |the chart side by side, and I'll, I'll read it with you live, so that we, for
62 |61 |00:08:52 ~-~-> 00:08:57 |the folks that can't trade the futures market, and you're kind of like, stuck
63 |62 |00:08:57 ~-~-> 00:09:01 |to just doing CFD trading, like like Tom, who guard, for instance, he trades
64 |63 |00:09:01 ~-~-> 00:09:07 |the CFD markets. But as Americans, we're not legally allowed to trade them, okay,
65 |64 |00:09:07 ~-~-> 00:09:11 |which is why, I think it's kind of funny how you know other influencers will say
66 |65 |00:09:11 ~-~-> 00:09:14 |they're making this much money trading CFDs. How do you how do you justify
67 |66 |00:09:15 ~-~-> 00:09:18 |where that money's coming from? Because you're not legally allowed to do that in
68 |67 |00:09:18 ~-~-> 00:09:28 |United States. Just a little reason to make you wonder. Okay, so far, that's
69 |68 |00:09:28 ~-~-> 00:09:33 |what I was explaining earlier. If we didn't have that multi, several 100
70 |69 |00:09:33 ~-~-> 00:09:42 |handle gap up, if it was say, like a 60 handle, 50 handle, certainly 40 handles,
71 |70 |00:09:43 ~-~-> 00:09:47 |if it would have gap just that much from yesterday's settlement price this right
72 |71 |00:09:48 ~-~-> 00:09:52 |here, that would have been an entry for me. But because it's like this, we have
73 |72 |00:09:52 ~-~-> 00:09:59 |that really, really large opening range, gap always give the opportunity for the
74 |73 |00:09:59 ~-~-> 00:10:03 |mark. To do like this, okay, I'm winding down a little bit and then start running
75 |74 |00:10:03 ~-~-> 00:10:08 |and take out the high, because it could continuously keep going higher. And I
76 |75 |00:10:08 ~-~-> 00:10:15 |expect that type of thing to happen, because I look at that as an an amazing
77 |76 |00:10:15 ~-~-> 00:10:20 |track for retail to say, Yeah, I want to keep going. It's broke out. Just think
78 |77 |00:10:20 ~-~-> 00:10:25 |about like that. Most traders that are retail perspective minded, they like
79 |78 |00:10:25 ~-~-> 00:10:28 |breakouts. They like confirmation type setups where something has done
80 |79 |00:10:28 ~-~-> 00:10:32 |something it's moved already. Like, for instance, they now they see this, and
81 |80 |00:10:32 ~-~-> 00:10:37 |they want to be a buyer now. So they like to chase, they like to use
82 |81 |00:10:37 ~-~-> 00:10:42 |breakouts. And, you know, buying about above old high, you're basically buying
83 |82 |00:10:42 ~-~-> 00:10:46 |something that's already been moving up. And how are you going to have a
84 |83 |00:10:46 ~-~-> 00:10:51 |reasonable stop loss when you're buying at the highest high, at the time of the
85 |84 |00:10:51 ~-~-> 00:10:57 |session? How much of retracement Are you going to absorb? So it's it doesn't make
86 |85 |00:10:57 ~-~-> 00:11:02 |sense, but it also affords you the comfort of managing that fear, of
87 |86 |00:11:02 ~-~-> 00:11:07 |missing out, or impatience, just simply wait. Let them take the initial high
88 |87 |00:11:07 ~-~-> 00:11:12 |out. If they don't, there's plenty of opportunity to get into the move with a
89 |88 |00:11:12 ~-~-> 00:11:16 |15 second chart. There's plenty of fear value gaps to trade off of. There's
90 |89 |00:11:16 ~-~-> 00:11:20 |plenty of micro structure turtle suits, where they runs up and takes out short
91 |90 |00:11:20 ~-~-> 00:11:23 |term highs. You don't have to rush to get into it.
92 |91 |00:11:29 ~-~-> 00:11:33 |Okay? So there's the initial highs being taken. So once more, having an
93 |92 |00:11:33 ~-~-> 00:11:38 |understanding of what we're looking for, versus impulsively chasing see how it
94 |93 |00:11:38 ~-~-> 00:11:42 |gives you it gives you a peace of mind, comfort. You don't have to be doing
95 |94 |00:11:42 ~-~-> 00:11:46 |something right away just because the market starts trading. Go here and check
96 |95 |00:11:46 ~-~-> 00:11:46 |this
97 |96 |00:11:54 ~-~-> 00:12:00 |one in char here, I'm I
98 |97 |00:12:08 ~-~-> 00:12:11 |see them out just me, let's apologize. These are all things that would have
99 |98 |00:12:11 ~-~-> 00:12:19 |been see that I incorporated the volume of ounce because I have my good glasses
100 |99 |00:12:19 ~-~-> 00:12:26 |on today, not the old ones. All right, so you can't use this candlestick. And
101 |100 |00:12:26 ~-~-> 00:12:35 |31 no gap. 32 and no gap. 33 no gap, no gap, no gap, no Yes. So this is first
102 |101 |00:12:35 ~-~-> 00:12:45 |presented fair value gap, and we'll extend that to the right. And for now,
103 |102 |00:12:45 ~-~-> 00:12:51 |we'll just keep it gray. That way. We're not trying to entice any kind of
104 |103 |00:13:01 ~-~-> 00:13:04 |right. And the same thing for the micro
105 |104 |00:13:09 ~-~-> 00:13:12 |issue, first presented fair value got in the micro contract. I
106 |105 |00:13:23 ~-~-> 00:13:27 |so we have taken out the initial high of the day after a very large range gap
107 |106 |00:13:27 ~-~-> 00:13:33 |opening. We're not rushing, and we're just going to simply relax and let price
108 |107 |00:13:35 ~-~-> 00:13:41 |give us a scenario that we can trust, and I'll explain what that would look
109 |108 |00:13:41 ~-~-> 00:13:43 |like when it's presented to me.
110 |109 |00:13:58 ~-~-> 00:14:05 |So we got our 19,926 level I was working with my private group last night, and
111 |110 |00:14:09 ~-~-> 00:14:18 |we're able to capture a lot of that that run up. Alright? So now we have
112 |111 |00:14:22 ~-~-> 00:14:24 |validated any breakout traders going along to
113 |112 |00:14:36 ~-~-> 00:14:40 |anyone that bought on the breakout you think they feel comfortable right now or
114 |113 |00:14:40 ~-~-> 00:14:47 |inside of the initial Fairbank gap between 931 10 o'clock from the opening
115 |114 |00:14:47 ~-~-> 00:14:56 |range consequent encroachment should have been treated to just about if not.
116 |115 |00:15:00 ~-~-> 00:15:03 |It's got real close to it. We'll call it Yes. I
117 |116 |00:15:30 ~-~-> 00:15:35 |so there's a couple things that can it could use here, where it could use the
118 |117 |00:15:36 ~-~-> 00:15:40 |constant correction of the initial freeway gap, then rally up into touch
119 |118 |00:15:40 ~-~-> 00:15:45 |this one here, or if we leave this all together, come back up and then work the
120 |119 |00:15:45 ~-~-> 00:15:53 |lower half of this gap and treat it as an inversion for Vega. Traders are
121 |120 |00:15:53 ~-~-> 00:16:00 |caught long buying above this breakout here. All this is retail buying that and
122 |121 |00:16:01 ~-~-> 00:16:03 |sell side is right here.
123 |122 |00:16:11 ~-~-> 00:16:16 |If you don't mind, I'm just going to work with this single chart because it's
124 |123 |00:16:16 ~-~-> 00:16:20 |a little too much going on. I'm and
125 |124 |00:16:31 ~-~-> 00:16:39 |again, we're favoring the the likelihood that we could draw back down into mid
126 |125 |00:16:39 ~-~-> 00:16:44 |gap, which is a good distance down here. Okay, so it's a lot of range to get down
127 |126 |00:16:44 ~-~-> 00:16:47 |there. Doesn't mean it's going to do it today's session. Doesn't mean it's going
128 |127 |00:16:47 ~-~-> 00:16:55 |to do it in the morning session, see where the bodies are here, mid part,
129 |128 |00:16:55 ~-~-> 00:16:59 |midpoint of this first gap, And then we're up into this inefficiency right
130 |129 |00:16:59 ~-~-> 00:16:59 |here. I'm
131 |130 |00:17:23 ~-~-> 00:17:26 |okay. Now watch the midpoint of this here. I'm
132 |131 |00:17:50 ~-~-> 00:17:50 |a setting as well.
133 |132 |00:18:01 ~-~-> 00:18:03 |Terrible, terrible, terrible feel.
134 |133 |00:18:17 ~-~-> 00:18:23 |Want to see price stay in the lower half down here and aggressively run below
135 |134 |00:18:23 ~-~-> 00:18:24 |this low here.
136 |135 |00:18:37 ~-~-> 00:18:38 |Don't copy me. I'm
137 |136 |00:19:02 ~-~-> 00:19:08 |using the micro contract is very, very forgiving, and that should be there so,
138 |137 |00:19:08 ~-~-> 00:19:08 |so
139 |138 |00:19:16 ~-~-> 00:19:20 |you don't have to be as precise. I was trying to capture it as it was hitting
140 |139 |00:19:20 ~-~-> 00:19:24 |the lowest part of this to illustrate how you don't have to have a lot of risk
141 |140 |00:19:24 ~-~-> 00:19:28 |going versus if you try to tell you what a meaning you want to be a little bit
142 |141 |00:19:28 ~-~-> 00:19:34 |more precise. So in the beginning, you're not going to be comfortable
143 |142 |00:19:34 ~-~-> 00:19:39 |selling it as it goes right up into this gap, and you may get stopped out. And
144 |143 |00:19:39 ~-~-> 00:19:42 |there's nothing to be afraid of if you get stopped out. Caleb, I'm showing you
145 |144 |00:19:42 ~-~-> 00:19:49 |how to work with graduated understanding, if plenty enough, plenty
146 |145 |00:19:49 ~-~-> 00:19:51 |time getting here and take other executions you.
147 |146 |00:20:08 ~-~-> 00:20:12 |So think about this high right here to this high.
148 |147 |00:20:20 ~-~-> 00:20:40 |Sorry, I this old high, because we had a large gap, several 100 handles higher.
149 |148 |00:20:42 ~-~-> 00:20:49 |It's likely to do this very thing, where it'll drop down initially create some
150 |149 |00:20:49 ~-~-> 00:20:53 |kind of oversold condition for indicators, some some kind of oversold,
151 |150 |00:20:53 ~-~-> 00:20:58 |maybe a divergence of some kind harmonic traders, something to that effect.
152 |151 |00:20:58 ~-~-> 00:21:02 |They'll see it, it's, it's just a cheap price, okay? And then they'll send it
153 |152 |00:21:02 ~-~-> 00:21:06 |higher, taking out that high. So traders that want to be long on a breakout,
154 |153 |00:21:06 ~-~-> 00:21:12 |because they see how big the move has happened from yesterday to where we're
155 |154 |00:21:12 ~-~-> 00:21:19 |at today. If, if they place their orders here to buy on a breakout, those
156 |155 |00:21:19 ~-~-> 00:21:27 |actually become filled and they're hot. Now, up above here, see that in the
157 |156 |00:21:27 ~-~-> 00:21:32 |market breaks lower, and we had two fair value gaps. So this is model 2022,
158 |157 |00:21:32 ~-~-> 00:21:36 |stuff. Case you ever study that this is what this is. If you have a fair value
159 |158 |00:21:36 ~-~-> 00:21:40 |gap here, but there's another smaller one just above it, always expect that
160 |159 |00:21:40 ~-~-> 00:21:43 |it's going to go up into the SEC the higher one, and it's stabbed into it
161 |160 |00:21:43 ~-~-> 00:21:55 |there. See that? So, initial fair value gap model, 2022, first. Then we traded
162 |161 |00:21:55 ~-~-> 00:22:00 |down, and I was trying to time at the low, because I wanted to show the lowest
163 |162 |00:22:01 ~-~-> 00:22:05 |entry in this first fair value guy. But this is actually even better, because it
164 |163 |00:22:05 ~-~-> 00:22:10 |was outside of that. So you can see out it's already very forgiving. Some of you
165 |164 |00:22:10 ~-~-> 00:22:13 |that live in third world nations, and I don't mean that to be mean or anything
166 |165 |00:22:13 ~-~-> 00:22:19 |like that, but it's just the truth. You know $65 you know, $80 or so is a big
167 |166 |00:22:19 ~-~-> 00:22:27 |deal where you're at and just trading with one micro contract can make the the
168 |167 |00:22:27 ~-~-> 00:22:34 |grocery bill a lot easier to pay for so when you're starting out, you can set
169 |168 |00:22:34 ~-~-> 00:22:40 |things in motion for an objective that's just trying to get One single micro
170 |169 |00:22:40 ~-~-> 00:22:48 |contract to yield you 75 to $100 and then have that be a goal every single
171 |170 |00:22:48 ~-~-> 00:22:56 |day, and if you can get to that point where it's not, it's not something
172 |171 |00:22:56 ~-~-> 00:23:00 |that's difficult for you, you're not worried about the money. Okay? You're
173 |172 |00:23:00 ~-~-> 00:23:04 |not worried about the money. You're not worried about the fear of being wrong or
174 |173 |00:23:04 ~-~-> 00:23:09 |or the necessity of being right in front of your peers. You're in this little
175 |174 |00:23:09 ~-~-> 00:23:14 |laboratory experiment setting, and now, because you can see that you can take
176 |175 |00:23:14 ~-~-> 00:23:18 |your profit, you can move to sidelines here or right now. Caleb, I want you to
177 |176 |00:23:18 ~-~-> 00:23:24 |think about if you don't take it if you don't take the profit and close it at 75
178 |177 |00:23:24 ~-~-> 00:23:30 |to $100 what does it feel like knowing that that is the threshold that you're
179 |178 |00:23:30 ~-~-> 00:23:34 |aiming for, but you don't take the profit and just roll your stop? What
180 |179 |00:23:34 ~-~-> 00:23:37 |does it feel like to stay with the trade? Is it easy for you to hold on to
181 |180 |00:23:37 ~-~-> 00:23:41 |it? Is it hard for you to hold on to it? Do you feel any kind of regret anytime
182 |181 |00:23:41 ~-~-> 00:23:46 |the candlestick starts moving back towards your stop loss or your entry? Do
183 |182 |00:23:46 ~-~-> 00:23:52 |you feel any kind of I wish I would have gotten out or I wish I would have had a
184 |183 |00:23:52 ~-~-> 00:23:56 |bigger position on Look how nice this thing dropped down. These are all the
185 |184 |00:23:56 ~-~-> 00:23:58 |things that you're supposed to be journaling. So you want to take
186 |185 |00:23:58 ~-~-> 00:24:04 |screenshots of this. You can, you can use dad's chart here right now, but you
187 |186 |00:24:04 ~-~-> 00:24:10 |want to record like all in these open spaces here, up in here, all this area
188 |187 |00:24:10 ~-~-> 00:24:14 |here, you want to record what it feels like for you when you're in the trade.
189 |188 |00:24:14 ~-~-> 00:24:21 |And the parameters would be, if you get $75 to $100 using the micro, you're not
190 |189 |00:24:21 ~-~-> 00:24:27 |using the Mini. You're only using one contract. You can clearly see it offered
191 |190 |00:24:27 ~-~-> 00:24:30 |it to you. But we're saying hypothetically, you're not going to do
192 |191 |00:24:30 ~-~-> 00:24:35 |that. You're going to try to stick with does it want to reach to a little bit
193 |192 |00:24:35 ~-~-> 00:24:41 |lower, which is the upper quadrant level here on the opening range gap. So this
194 |193 |00:24:41 ~-~-> 00:24:46 |would be just a a logical price level to see it. Want to reach for. But do you
195 |194 |00:24:46 ~-~-> 00:24:52 |have the patience presently to hold on to it and disregard anything that
196 |195 |00:24:52 ~-~-> 00:24:55 |happens in price? Because if it comes back up and hits the stop loss, it's
197 |196 |00:24:55 ~-~-> 00:25:00 |not, it's not a losing trade. You didn't lose anything, but it's giving. You the
198 |197 |00:25:00 ~-~-> 00:25:04 |experience that everyone else and I can tell you this with my own students, they
199 |198 |00:25:04 ~-~-> 00:25:08 |try to avoid these types of learning experiences because they wanted to be
200 |199 |00:25:09 ~-~-> 00:25:12 |get me in, let me make money. I don't want to get stopped out, and I wanted to
201 |200 |00:25:12 ~-~-> 00:25:16 |go right to my target real fast. And this is the stuff that you learn to do
202 |201 |00:25:17 ~-~-> 00:25:22 |better. Trading is done through these types of things here, having measured
203 |202 |00:25:22 ~-~-> 00:25:26 |approaches, laboratory experiments, basically where you're you're going in
204 |203 |00:25:27 ~-~-> 00:25:33 |with a minimum expectation. The draw is mid gap in the first 10, sorry, the
205 |204 |00:25:33 ~-~-> 00:25:38 |first 30 minutes. That's, that's what you're trying to aim for. So you're
206 |205 |00:25:38 ~-~-> 00:25:42 |using that built in little 70% advantage. It doesn't mean it's going to
207 |206 |00:25:42 ~-~-> 00:25:46 |go to mid gap today. Doesn't mean that it won't go higher. It could take the
208 |207 |00:25:46 ~-~-> 00:25:51 |high up, but you need to record what it feels like for you. Are you feeling the
209 |208 |00:25:51 ~-~-> 00:25:59 |excitement, or are you feeling the fear, the anxiety, or the, I guess, the the
210 |209 |00:25:59 ~-~-> 00:26:04 |uncertainty. If it's too much for you, you need to record that initially and
211 |210 |00:26:04 ~-~-> 00:26:09 |over time, doing these things, you'll find that it gets it's faster for it to
212 |211 |00:26:09 ~-~-> 00:26:20 |not be present. Here comes a stop. Almost got it. Come on. Come on. You. It
213 |212 |00:26:25 ~-~-> 00:26:31 |now, not taking the partial, not I'm sorry, not taking the profit. You have
214 |213 |00:26:31 ~-~-> 00:26:37 |to record. What do you feel? Do you feel regret? Do you feel that it was
215 |214 |00:26:37 ~-~-> 00:26:43 |advantageous to follow the model enough to know that 75 to $100 is offered to
216 |215 |00:26:43 ~-~-> 00:26:47 |you, and you don't even need to get to a target that would be either the upper
217 |216 |00:26:47 ~-~-> 00:26:55 |quadrant or the mid gap. Using the logic over here, mid gap of the first
218 |217 |00:26:55 ~-~-> 00:27:01 |presented fair value gap on the one minute chart, the logic was there, poor
219 |218 |00:27:01 ~-~-> 00:27:10 |execution entry still afforded 75 to $100 in a micro if you relax and allow,
220 |219 |00:27:10 ~-~-> 00:27:15 |and this is for everyone else that's watching, if you relax and allow that to
221 |220 |00:27:15 ~-~-> 00:27:21 |be your initial targets to start with just trying to get In and finding this
222 |221 |00:27:21 ~-~-> 00:27:26 |once a day, and when you get it, don't push the demo again, but you can just
223 |222 |00:27:26 ~-~-> 00:27:30 |taper it after that. These are all exercises I gave for my students when we
224 |223 |00:27:30 ~-~-> 00:27:39 |were teaching primarily Forex, and it was not received as well as I thought it
225 |224 |00:27:39 ~-~-> 00:27:42 |would, because it gives you a context of what it is you're doing in front of the
226 |225 |00:27:42 ~-~-> 00:27:48 |price action. If you're going to just sit in the charts and just stare into
227 |226 |00:27:48 ~-~-> 00:27:53 |the ether and not know what you're looking for, you have to experiment. You
228 |227 |00:27:53 ~-~-> 00:27:56 |have to engage with price action, and you have to use the rules that I taught
229 |228 |00:27:56 ~-~-> 00:28:01 |in in the content, what things support an idea for the price to go higher or
230 |229 |00:28:01 ~-~-> 00:28:06 |lower, what is the time of the day you're trading? What characteristics are
231 |230 |00:28:06 ~-~-> 00:28:11 |there around that time of day? So if you're just going in here blindly, just
232 |231 |00:28:11 ~-~-> 00:28:14 |watching other live streamers, or if you're in here just trying to chase
233 |232 |00:28:14 ~-~-> 00:28:17 |after price, you're never you're never going to get better at doing that.
234 |233 |00:28:17 ~-~-> 00:28:21 |You're just going to stay doing just that. And you never learn how to trust
235 |234 |00:28:21 ~-~-> 00:28:24 |your own decision making. You won't trust the rules because you're not
236 |235 |00:28:24 ~-~-> 00:28:31 |applying them in a very small, low risk, low yield in terms of excitement
237 |236 |00:28:31 ~-~-> 00:28:35 |conditions. So we went back up and touched the bottom of that fair value
238 |237 |00:28:35 ~-~-> 00:28:41 |gap here, and again, we're on a 15 second chart, so sell side now has moved
239 |238 |00:28:41 ~-~-> 00:28:47 |down to here, and we're focusing primarily on the return back into
240 |239 |00:28:47 ~-~-> 00:28:50 |discounts. So that's going to be this upper quadrant level. This blue line
241 |240 |00:28:50 ~-~-> 00:29:00 |here is the upper 75% level of the highest high to the next quadrant
242 |241 |00:29:00 ~-~-> 00:29:06 |measurement of the total opening range gap, and that's below so below this low
243 |242 |00:29:06 ~-~-> 00:29:12 |here, if we drop down to tack tack this South Side liquid pool, it could trade
244 |243 |00:29:12 ~-~-> 00:29:20 |down below that into the upper quadrant level, is what I'm saying. And you look
245 |244 |00:29:20 ~-~-> 00:29:24 |for it. And I'm sorry I didn't say this earlier, but if you watched what I was
246 |245 |00:29:24 ~-~-> 00:29:31 |teaching on the other day, you want to see a 20 handle run potential for the
247 |246 |00:29:31 ~-~-> 00:29:37 |setup. So what I'm doing is I'm watching over here. We're going to go to 20,010
248 |247 |00:29:38 ~-~-> 00:29:50 |even, and then that's 20 handles, okay, so what I'm looking for is where a fair
249 |248 |00:29:50 ~-~-> 00:29:56 |value gap, and this could be used for order blocks, it could be any of my PD
250 |249 |00:29:56 ~-~-> 00:30:00 |arrays. It's not just just a fair value gap, but any of my PD. Whatever one you
251 |250 |00:30:00 ~-~-> 00:30:06 |like to use to trade with. You first have to have the directional bias to
252 |251 |00:30:06 ~-~-> 00:30:09 |some degree, not for the whole day, not for the session, but you have to
253 |252 |00:30:09 ~-~-> 00:30:14 |something that tells you what you're aiming for. And we're electing to stay
254 |253 |00:30:14 ~-~-> 00:30:18 |with the 70% strike rate that it's likely to see it gravitate towards
255 |254 |00:30:18 ~-~-> 00:30:31 |middle of the opening range gap you so say, say you wanted to use the
256 |255 |00:30:31 ~-~-> 00:30:36 |institutional, I'm sorry, the immediate rebalance here, would that afford you
257 |256 |00:30:36 ~-~-> 00:30:41 |from that point here to get down to that low? Would that be 20 handles? Sure it
258 |257 |00:30:41 ~-~-> 00:30:46 |would be that's, that's a that's a range that could be used for an experiment of
259 |258 |00:30:46 ~-~-> 00:30:52 |watching how, using that level, tape reading it. How does it behave? Does it
260 |259 |00:30:52 ~-~-> 00:30:56 |run for this high here, back into the initial fair value gap, or is it break
261 |260 |00:30:56 ~-~-> 00:31:00 |below this aggressively and then start to accelerate through this inefficiency
262 |261 |00:31:00 ~-~-> 00:31:06 |intact that sell side. There has to be some kind of framework what you're
263 |262 |00:31:06 ~-~-> 00:31:11 |looking for. If you don't have it, then you shouldn't be all keyed up about what
264 |263 |00:31:11 ~-~-> 00:31:14 |price is doing. You shouldn't have any emotional response to what price is
265 |264 |00:31:14 ~-~-> 00:31:20 |doing ever. Doesn't mean you can't cheerlead yourself on when, when you've
266 |265 |00:31:20 ~-~-> 00:31:24 |done something well, but you shouldn't beat yourself up if you don't do
267 |266 |00:31:24 ~-~-> 00:31:28 |something right. Acknowledge the fact that you didn't do it right. Move on.
268 |267 |00:31:29 ~-~-> 00:31:32 |Identify key points where you can improve to hopefully avoid doing it
269 |268 |00:31:32 ~-~-> 00:31:40 |again, and journal that. So for the folks that are looking at their accounts
270 |269 |00:31:40 ~-~-> 00:31:44 |with the funded account companies, and you're out there trying to do these
271 |270 |00:31:44 ~-~-> 00:31:50 |massive, huge trades because you want to make a big payout real fast, that's the
272 |271 |00:31:50 ~-~-> 00:31:56 |worst thing to do, because if you don't take advantage of the opportunities of
273 |272 |00:31:56 ~-~-> 00:32:03 |building that account, $100 a day with very little risk, extremely low risk.
274 |273 |00:32:04 ~-~-> 00:32:09 |You won't feel emotional, you won't feel scared, you won't be you won't be afraid
275 |274 |00:32:09 ~-~-> 00:32:12 |to take any any trade, because the size that you're risking if you're wrong is
276 |275 |00:32:12 ~-~-> 00:32:20 |so minuscule, like some of those accounts. And I think if I'm and forgive
277 |276 |00:32:20 ~-~-> 00:32:24 |me if I say this wrong, but I think it's the lowest ones they offer you, like
278 |277 |00:32:25 ~-~-> 00:32:31 |$1,000 maximum loss or something, something to that effect. But when
279 |278 |00:32:31 ~-~-> 00:32:36 |you're risking 50 bucks or less on a trade and you're trying to make two to
280 |279 |00:32:36 ~-~-> 00:32:42 |one, you know, risk 50 to make 100 bucks. And once you do it, you stop, and
281 |280 |00:32:42 ~-~-> 00:32:46 |you do that for a few weeks until you get comfortable being able to do it.
282 |281 |00:32:46 ~-~-> 00:32:50 |Then you go for Okay, well, I want to try to do two of them if you're using
283 |282 |00:32:50 ~-~-> 00:32:55 |them one minute, five minute and 15 second time frame as your you know three
284 |283 |00:32:55 ~-~-> 00:33:00 |time frames that work with high frequency entries. You can do 200 300
285 |284 |00:33:01 ~-~-> 00:33:05 |every single day, and never risk wild amounts of money. And then, because some
286 |285 |00:33:05 ~-~-> 00:33:09 |of you guys are doing these multiple layered up accounts where you know,
287 |286 |00:33:09 ~-~-> 00:33:16 |1015, 20 counts, it's easy to get these wild thresholds met, where you get a
288 |287 |00:33:16 ~-~-> 00:33:21 |withdrawal. But if you're in there trying to trade with big contracts, is
289 |288 |00:33:21 ~-~-> 00:33:26 |big, big contract sizes. I'm looking at these relative equal highs here. And
290 |289 |00:33:26 ~-~-> 00:33:33 |then we went back in here to the first Fairbank. Yeah. Just want to take a
291 |290 |00:33:33 ~-~-> 00:33:36 |quick look at the one minute in relationship. Because everything I'm
292 |291 |00:33:36 ~-~-> 00:33:39 |doing when I'm doing the live streams, I'm forcing myself to simply use one
293 |292 |00:33:39 ~-~-> 00:33:46 |screen, because that's kind of like the closest thing that you're doing. You
294 |293 |00:33:46 ~-~-> 00:33:49 |don't have all the other stuff that I have available to me. So I'm trying to
295 |294 |00:33:49 ~-~-> 00:33:53 |force myself just to use the minimum, the minimalist approach.
296 |295 |00:34:00 ~-~-> 00:34:03 |And again, some of you jokers out there that are watching this just say, Oh,
297 |296 |00:34:03 ~-~-> 00:34:07 |look at this. You know, that was a terrible feel. I'm trying to illustrate
298 |297 |00:34:07 ~-~-> 00:34:11 |how, in the beginning, Caleb, or anyone else that's new, you're not going to
299 |298 |00:34:11 ~-~-> 00:34:14 |time it correctly. Remember, in the beginning, I told you not to use the
300 |299 |00:34:14 ~-~-> 00:34:18 |limit orders. I want you to go in and market it in and then feel what that
301 |300 |00:34:18 ~-~-> 00:34:24 |feels like. Do you have regret about your entry. Do you have a sense of
302 |301 |00:34:24 ~-~-> 00:34:30 |accomplishment that you did a really good entry? So we're watching the high
303 |302 |00:34:30 ~-~-> 00:34:37 |end, top of that initial fair value gap over here on the one minute chart, upper
304 |303 |00:34:37 ~-~-> 00:34:44 |left hand chart, so we're back inside there. It can spike up and read, you
305 |304 |00:34:44 ~-~-> 00:34:48 |know, redeliver to the high of it. I just want to see the body state at the
306 |305 |00:34:48 ~-~-> 00:34:54 |middle point or below. And if we, if we can manage to do that and then roll
307 |306 |00:34:54 ~-~-> 00:34:57 |outside of it once more, then I think what we'll do is make an attempt to get
308 |307 |00:34:57 ~-~-> 00:35:02 |down into this inefficiency. And. Then attack the cell side here. Otherwise,
309 |308 |00:35:02 ~-~-> 00:35:08 |I'm not interested in going long. So if it rallies, it'll do it without me.
310 |309 |00:35:16 ~-~-> 00:35:21 |But the point is, is showing what you're measuring, how to time it using this the
311 |310 |00:35:21 ~-~-> 00:35:28 |setups. I mean, no one can deny the logic that's being showed here. I mean,
312 |311 |00:35:28 ~-~-> 00:35:32 |it clearly did exactly what I said this morning. I'm not trying to save face or
313 |312 |00:35:32 ~-~-> 00:35:36 |anything, but I just, I like to remind people, because they're constantly out
314 |313 |00:35:36 ~-~-> 00:35:42 |there trying to discourage you, or they'll say things that isn't true about
315 |314 |00:35:42 ~-~-> 00:35:51 |me, like I'm rebranding something else. Get your clicks, lady, but the buy stops
316 |315 |00:35:51 ~-~-> 00:35:54 |here, telling you they was going to run up there first. That gets the retail
317 |316 |00:35:54 ~-~-> 00:35:58 |traders trap. That's a real trap I've explained to in advance, before it
318 |317 |00:35:58 ~-~-> 00:36:04 |happened, and then trade down into the first presented fair Vega. I told you
319 |318 |00:36:04 ~-~-> 00:36:08 |what's about halfway of this, then shoot up into this upper gap here. And it
320 |319 |00:36:08 ~-~-> 00:36:12 |happened, that's the model 2022, entry. And then it sells off. And then we use
321 |320 |00:36:12 ~-~-> 00:36:15 |the midpoint and treat this as an inversion fair Vega, which is still it
322 |321 |00:36:16 ~-~-> 00:36:21 |should have been colored here when I went down to apologize, but it's, it's a
323 |322 |00:36:21 ~-~-> 00:36:25 |lot to talk about this over a 15 second chart and see what it is I'm expecting
324 |323 |00:36:26 ~-~-> 00:36:30 |frame in a statement that we it makes sense to you, hopefully, and I'm still
325 |324 |00:36:30 ~-~-> 00:36:36 |watching and navigating price. It's not as easy on a 15 second chart to stay up,
326 |325 |00:36:37 ~-~-> 00:36:41 |up to it and not say something correctly, or not say it as well as I
327 |326 |00:36:41 ~-~-> 00:36:47 |wished I would have, because I don't have benefit or luxury of time. Each
328 |327 |00:36:47 ~-~-> 00:36:52 |candlesticks painting quick. So it's not the fact that price is moving fast. This
329 |328 |00:36:52 ~-~-> 00:36:58 |is the framework around every individual candlestick is painting faster. So the
330 |329 |00:36:58 ~-~-> 00:37:04 |things I want to detail about those individual candlesticks. I have to have
331 |330 |00:37:04 ~-~-> 00:37:08 |my expectation known in advance, otherwise I'm not going to be able to
332 |331 |00:37:08 ~-~-> 00:37:11 |keep up with the pace of every individual 15 second. I only have 15
333 |332 |00:37:11 ~-~-> 00:37:14 |seconds to talk about the candlestick before it closes in and then when
334 |333 |00:37:15 ~-~-> 00:37:22 |begins. So we add a little Mohawk here. There's a little portion of this area up
335 |334 |00:37:22 ~-~-> 00:37:25 |here, it could be trading up into
336 |335 |00:37:31 ~-~-> 00:37:39 |and we'll just take the middle level into account. So from this candle sticks
337 |336 |00:37:39 ~-~-> 00:37:44 |high, this candlesticks low midpoint. That's consequent encroachment. You can
338 |337 |00:37:44 ~-~-> 00:37:47 |see that's traded there. And then look at the reaction off. That's nice. And
339 |338 |00:37:47 ~-~-> 00:37:54 |the bodies did not lay on top of that mid gap. All right. So now you can watch
340 |339 |00:37:54 ~-~-> 00:37:58 |the consequent encroachment of the inversion fair value gap once more here.
341 |340 |00:38:00 ~-~-> 00:38:05 |So look at this low here. That's a minor and this is a minor cell side. So
342 |341 |00:38:05 ~-~-> 00:38:13 |keeping in mind, this is the range for 20 handles. Do we see ranges that afford
343 |342 |00:38:13 ~-~-> 00:38:18 |us working from anywhere in here, upper quadrant, mid, lower quadrant, or the
344 |343 |00:38:18 ~-~-> 00:38:23 |low of the inversion fair value gap? Can that yield the potential of moving at
345 |344 |00:38:23 ~-~-> 00:38:28 |least this much? So that's like, your minimum expectation or filter that says
346 |345 |00:38:28 ~-~-> 00:38:33 |I have to see if there's a trade forming. And by knowing what, what
347 |346 |00:38:33 ~-~-> 00:38:38 |you're looking for, for price action, like, where should the setups form? Like
348 |347 |00:38:38 ~-~-> 00:38:43 |everything I outlined over here that came to pass, we're waiting for a
349 |348 |00:38:43 ~-~-> 00:38:49 |scenario that builds confidence that we're going to run to a sell side here,
350 |349 |00:38:49 ~-~-> 00:38:52 |or run to this sell side here. What would that look like? It would have to
351 |350 |00:38:52 ~-~-> 00:38:58 |be a for me. I want to see it leave the inversion fair value gap and stop
352 |351 |00:38:58 ~-~-> 00:39:04 |reaching for any kind of premium. So if we go outside of it, touch it one time
353 |352 |00:39:04 ~-~-> 00:39:09 |with one candlestick. That's it doesn't need to touch it one time the next
354 |353 |00:39:09 ~-~-> 00:39:13 |displacement after that, that's lower. That would form a fair value gap. That's
355 |354 |00:39:13 ~-~-> 00:39:17 |the one I would sell short one in aim for if the range is like, say, the entry
356 |355 |00:39:17 ~-~-> 00:39:22 |will be up here. Well, looking at this distance or height of price action. If
357 |356 |00:39:22 ~-~-> 00:39:26 |the fair value got formed in this vicinity trading to that low right,
358 |357 |00:39:26 ~-~-> 00:39:32 |there would be afford Caleb a setup. So it's a setup that is meeting the
359 |358 |00:39:32 ~-~-> 00:39:37 |criteria. But if you don't have some kind of a threshold that frames the
360 |359 |00:39:37 ~-~-> 00:39:42 |whole basis of what you're aiming for as a minimum, it has to at least offer 20
361 |360 |00:39:42 ~-~-> 00:39:47 |handles. If it doesn't afford him 20 handles, then he can't take the trade.
362 |361 |00:39:47 ~-~-> 00:39:55 |And he says he has to let it just pass. And what happens if it works out where,
363 |362 |00:39:55 ~-~-> 00:40:00 |if it was 18 handles, and he doesn't take it and it. Hands out. How should he
364 |363 |00:40:00 ~-~-> 00:40:04 |feel about that? He should feel good that he exercised discipline, that he
365 |364 |00:40:04 ~-~-> 00:40:09 |exercised the Well, the idea he had the identification corrected, there was a
366 |365 |00:40:09 ~-~-> 00:40:12 |setup there, but he just says, No, I'm not taking that one because I want to
367 |366 |00:40:12 ~-~-> 00:40:16 |learn how to trade with excellence. I don't want to get in here and just get
368 |367 |00:40:16 ~-~-> 00:40:21 |dirt on my hands. Okay? I want to get in here and walk in here and treat my
369 |368 |00:40:21 ~-~-> 00:40:25 |trading with a white glove approach where I don't get my hands dirty. I go
370 |369 |00:40:25 ~-~-> 00:40:28 |in, I execute like a professional and leave without getting my hands dirty.
371 |370 |00:40:29 ~-~-> 00:40:32 |You're not emotional, you're not freaking out, you're not chasing
372 |371 |00:40:32 ~-~-> 00:40:35 |anything. I like that right there. That's nice.
373 |372 |00:40:41 ~-~-> 00:40:49 |So both of these are sell side, but they're minor, but they can still yield.
374 |373 |00:40:54 ~-~-> 00:41:10 |They can still yield the intended goal that's alongside i a micro Caleb. You're
375 |374 |00:41:10 ~-~-> 00:41:15 |going to be able to do wider stops, and it doesn't hurt you that much. So now
376 |375 |00:41:15 ~-~-> 00:41:19 |that's I like to see. I don't want to see it close up and get close to this. I
377 |376 |00:41:19 ~-~-> 00:41:28 |want to see this candlestick close down and create. See this close right back
378 |377 |00:41:28 ~-~-> 00:41:35 |in. I can't use that one now. So now we touched we left the inversion fair value
379 |378 |00:41:35 ~-~-> 00:41:40 |gap. We left it. We had one candlestick come back and touch it. So any
380 |379 |00:41:40 ~-~-> 00:41:46 |displacement lower that creates a fair value gap. I'll use that on the 15
381 |380 |00:41:46 ~-~-> 00:41:46 |second chart to enter.
382 |381 |00:41:54 ~-~-> 00:42:00 |None of this worries me, and it gives you no concern whatsoever. You see how
383 |382 |00:42:00 ~-~-> 00:42:04 |it keeps you from panicking. I'm going to miss a move. It has to do certain
384 |383 |00:42:04 ~-~-> 00:42:09 |things. If it does this, then I will do this. If it keeps doing this, that is
385 |384 |00:42:09 ~-~-> 00:42:13 |not something that setting up a setup for me, then I'm sitting still. I'm not
386 |385 |00:42:13 ~-~-> 00:42:19 |worrying about it. I'm completely content. There's zero fear in what I'm
387 |386 |00:42:19 ~-~-> 00:42:23 |doing here, none. And you might say, Well, it's because you're trading with a
388 |387 |00:42:23 ~-~-> 00:42:27 |paper trading account. No, I'm in front of however many people are watching, and
389 |388 |00:42:27 ~-~-> 00:42:31 |all of you have this measurement of me. Oh, it better be perfect, or you're not
390 |389 |00:42:31 ~-~-> 00:42:37 |inner circle trader. Now, are you? It's easy to talk from the sidelines, but get
391 |390 |00:42:37 ~-~-> 00:42:45 |out here. I uh, knowing what you're looking for and how you're going to
392 |391 |00:42:45 ~-~-> 00:42:50 |engage and when you're going to sit still. Paramount. That's more important
393 |392 |00:42:50 ~-~-> 00:42:54 |than you trying to make money. Because making money, that's, that's, that's the
394 |393 |00:42:54 ~-~-> 00:42:58 |easy part. The hard part is getting to the part of not going in here
395 |394 |00:42:58 ~-~-> 00:43:02 |impulsively, just pushing buttons. Alright, now see what it's done. Think
396 |395 |00:43:02 ~-~-> 00:43:07 |about what I've just outlined. Caleb, we wanted to see this displacement below
397 |396 |00:43:07 ~-~-> 00:43:14 |this fair guy, you know, the fair area got easy for you to say. ICT, the first
398 |397 |00:43:14 ~-~-> 00:43:19 |fair value gap of the morning. And I wanted to see it trade below it and show
399 |398 |00:43:19 ~-~-> 00:43:23 |displacement if this candlestick would have not had this high come back and
400 |399 |00:43:23 ~-~-> 00:43:28 |touch this candlesticks low, that would have been a fair value gap. And then I
401 |400 |00:43:28 ~-~-> 00:43:31 |could have used that one. And now I'm going to trade it to get down to here,
402 |401 |00:43:31 ~-~-> 00:43:36 |but because it went and touched it, then I have to wait for now another
403 |402 |00:43:36 ~-~-> 00:43:40 |displacement lower, where it creates a fair value gap. If it doesn't create
404 |403 |00:43:40 ~-~-> 00:43:47 |one. Can I take a losing trade here? No, and you're worried about losing why?
405 |404 |00:43:47 ~-~-> 00:43:51 |You're not listening to what it is I'm talking about in all the long stuff, all
406 |405 |00:43:51 ~-~-> 00:43:54 |the drawn out, long, boring stuff, to get to the point. The point is, is I'm
407 |406 |00:43:54 ~-~-> 00:43:59 |teaching you how to do it the correct way and avoid all the problems that I
408 |407 |00:43:59 ~-~-> 00:44:03 |went through and most other traders go through not realizing there's a better
409 |408 |00:44:03 ~-~-> 00:44:08 |way of doing it and not have to get all that scar tissue that that's the result
410 |409 |00:44:08 ~-~-> 00:44:14 |of doing things incorrect. Okay, so we came all the way back up into this gap
411 |410 |00:44:14 ~-~-> 00:44:15 |here.
412 |411 |00:44:21 ~-~-> 00:44:27 |I'm going to make this ugly color because I want to stand out, as you can
413 |412 |00:44:27 ~-~-> 00:44:37 |see. So we bumped this little short term high here. But what happens if it goes
414 |413 |00:44:37 ~-~-> 00:44:44 |up even more? Michael, you miss out on a big range day, I'm not teaching Caleb to
415 |414 |00:44:44 ~-~-> 00:44:50 |anticipate and expect, to know how to know that the daily candlestick is going
416 |415 |00:44:50 ~-~-> 00:44:54 |to do that. These are smaller, little modular lessons that will give him,
417 |416 |00:44:54 ~-~-> 00:45:00 |number one, something to do that will allow him to progress. Uh, in a
418 |417 |00:45:00 ~-~-> 00:45:06 |meaningful and realistic manner, not trying to get some Olympic gold medal
419 |418 |00:45:06 ~-~-> 00:45:13 |result. He doesn't know how to trade. He has no idea how to do it. So in my
420 |419 |00:45:13 ~-~-> 00:45:18 |opinion, as his dad and as the the mentor too, I'm teaching him how to have
421 |420 |00:45:18 ~-~-> 00:45:23 |very low expectations on himself, so that way he can't beat himself up if he
422 |421 |00:45:23 ~-~-> 00:45:26 |doesn't do it right, he's not going to do it right in the beginning. Nobody
423 |422 |00:45:26 ~-~-> 00:45:31 |does. I didn't do it right in the beginning. So you have to build in these
424 |423 |00:45:32 ~-~-> 00:45:43 |allowances for imperfection and set the the mark for progressing. You know, in
425 |424 |00:45:43 ~-~-> 00:45:49 |small incremental steps make it so that way, every day, it's easy to get to that
426 |425 |00:45:49 ~-~-> 00:45:55 |cookie or that little reward. Okay, so we bumped the old high here. So this was
427 |426 |00:45:55 ~-~-> 00:46:02 |the initial high today there. If we take out this high here, we might be seeing a
428 |427 |00:46:03 ~-~-> 00:46:08 |a larger run higher, admittedly, on the daily chart, that is in the cards, but I
429 |428 |00:46:08 ~-~-> 00:46:12 |still want to see it offer another opportunity to get towards that mid gap.
430 |429 |00:46:12 ~-~-> 00:46:16 |It doesn't need to fill it today, because everything technically is really
431 |430 |00:46:16 ~-~-> 00:46:16 |bullish.
432 |431 |00:46:21 ~-~-> 00:46:30 |So the buy side is not here anymore. It's here. And the question would be,
433 |432 |00:46:30 ~-~-> 00:46:35 |is, if they hired trapped traders, here, will be the benefit of taking it above
434 |433 |00:46:35 ~-~-> 00:46:41 |that high, if not to go higher, longer term into the day.
435 |434 |00:46:46 ~-~-> 00:46:51 |So every day, Caleb, when you first start looking at your charts, you want
436 |435 |00:46:51 ~-~-> 00:46:56 |to frame a little box with 20 handles. And what you want to do is you want to
437 |436 |00:46:56 ~-~-> 00:46:59 |take that after the fact, after the market's already done, moved around and
438 |437 |00:46:59 ~-~-> 00:47:04 |whatnot. You want to be moving and see, okay, like, here's a fair value gap
439 |438 |00:47:04 ~-~-> 00:47:12 |right there, and you could have got an entry on it right there. Did this yield
440 |439 |00:47:13 ~-~-> 00:47:18 |20 handles? Yes. Would it be reasonable to see it trade up to fill in this gap
441 |440 |00:47:18 ~-~-> 00:47:22 |here as a target? And it does, yes. You don't even need to trade all the way
442 |441 |00:47:22 ~-~-> 00:47:26 |back up to the inversion for your Vega. You don't need to see that at all. And
443 |442 |00:47:26 ~-~-> 00:47:32 |doing these types of things, these types of setups happen all day long, going up
444 |443 |00:47:32 ~-~-> 00:47:36 |and going down, going up, going down. And what you're going to learn, and this
445 |444 |00:47:36 ~-~-> 00:47:40 |is for everyone else's benefit, listening, you're going to learn that
446 |445 |00:47:40 ~-~-> 00:47:46 |there are some setups that are going to be easy to spot as something that might
447 |446 |00:47:46 ~-~-> 00:47:51 |deliver, but you're not willing to take it, and that is a huge, monumental
448 |447 |00:47:52 ~-~-> 00:47:56 |milestone in your progress, because everybody wants to go out and just
449 |448 |00:47:56 ~-~-> 00:48:01 |simply get in and push the button. Everybody wants that, but nobody wants
450 |449 |00:48:01 ~-~-> 00:48:06 |to do the work in preventing needless drawdown. No one wants to do that kind
451 |450 |00:48:06 ~-~-> 00:48:11 |of work. Because Why put all the time in front of the charts or listen to some
452 |451 |00:48:11 ~-~-> 00:48:15 |guy or teacher or go through all the course material, whoever it is you're
453 |452 |00:48:15 ~-~-> 00:48:19 |going to listen to, and not start making money right away? And that's the
454 |453 |00:48:19 ~-~-> 00:48:25 |unfortunate you know, tick tock mentality that is pervasive today, and
455 |454 |00:48:25 ~-~-> 00:48:30 |it's, it's, it's too many things forcing you to want to be fast about getting a
456 |455 |00:48:30 ~-~-> 00:48:36 |result that you don't technically have this skill set to expect. It's
457 |456 |00:48:36 ~-~-> 00:48:43 |unreasonable for you to expect the basis what I'm saying now what I've noticed
458 |457 |00:48:43 ~-~-> 00:48:49 |here is the first fair value gap. It behaved everything here as we would
459 |458 |00:48:49 ~-~-> 00:48:53 |expect it to when we were down here. I said, you can take this off at 75 to
460 |459 |00:48:53 ~-~-> 00:48:59 |$100 and that you would be done. But I'm placing him and placed him rather in a
461 |460 |00:48:59 ~-~-> 00:49:04 |condition where the stop was rolled to just make sure the costs were covered.
462 |461 |00:49:04 ~-~-> 00:49:10 |No no commission costs would be a factor. And no losing, no drawdown,
463 |462 |00:49:10 ~-~-> 00:49:22 |basically. So the reflection on that should be, if you have a target in
464 |463 |00:49:22 ~-~-> 00:49:30 |beginning $75 or to $100 on one micro, if the trade that you're in yields it to
465 |464 |00:49:30 ~-~-> 00:49:36 |you, and you're still trying to learn how to do this, take the profit at 75 to
466 |465 |00:49:36 ~-~-> 00:49:41 |$100 do it on a limit, do it on a market exit, and then simply watch what the
467 |466 |00:49:41 ~-~-> 00:49:45 |price does. Go back and listen to the recording when it was down here, I was
468 |467 |00:49:45 ~-~-> 00:49:48 |explaining that this is what you're looking for, and then you could just
469 |468 |00:49:48 ~-~-> 00:49:53 |comfortably close the trade and how much time has transpired from the entry.
470 |469 |00:49:55 ~-~-> 00:49:58 |Their entry was here. Look, look what the fill is. It's almost near the worst
471 |470 |00:49:58 ~-~-> 00:50:05 |possible scenario. And it still yields 75 to $100 at the time I was talking
472 |471 |00:50:05 ~-~-> 00:50:11 |about it still was yielding $100 how much better would your trade? And
473 |472 |00:50:11 ~-~-> 00:50:18 |listen, folks, everybody wants to be, you know, the the person that stands
474 |473 |00:50:18 ~-~-> 00:50:21 |out, okay, the person that can do it better than everybody else, okay, that's
475 |474 |00:50:21 ~-~-> 00:50:27 |what you see on social media right now. If you were making $100 consistently
476 |475 |00:50:27 ~-~-> 00:50:34 |every single day, and that's all you did, is that improvement based on what
477 |476 |00:50:34 ~-~-> 00:50:39 |you're doing right now? Because I would venture to say that 95% of you are not
478 |477 |00:50:39 ~-~-> 00:50:45 |that profitable. You're not consistently making money. Okay? So how I'm teaching
479 |478 |00:50:45 ~-~-> 00:50:51 |Caleb is, if you can make a Benjamin every single day or fail trying to do
480 |479 |00:50:51 ~-~-> 00:50:57 |it, but making 75 that's progress that anyone should be proud of. I mean, if I
481 |480 |00:50:57 ~-~-> 00:51:00 |found $100 on the street walking down the sidewalk, I wouldn't look at it and
482 |481 |00:51:00 ~-~-> 00:51:05 |say, I'm not picking you up. But what's the chances of you finding that happen
483 |482 |00:51:05 ~-~-> 00:51:11 |every single day? Not likely. But if you build this skill set I'm showing you,
484 |483 |00:51:11 ~-~-> 00:51:16 |you'll be able to do that every single day. You'll have the opportunity, like
485 |484 |00:51:16 ~-~-> 00:51:19 |walking outside and saying, Oh, here's $100 bill. Let me pick that up and take
486 |485 |00:51:19 ~-~-> 00:51:24 |that put in my pocket. And if you learn to be content with that in the
487 |486 |00:51:24 ~-~-> 00:51:28 |beginning, everybody wants to make $1,000 a trade or more. Everybody wants
488 |487 |00:51:28 ~-~-> 00:51:32 |to have $10,000 payout leaks. Everybody wants to make $100,000.06 figure
489 |488 |00:51:32 ~-~-> 00:51:36 |payouts. Everybody, everybody wants that stuff right now, but you have to start
490 |489 |00:51:36 ~-~-> 00:51:40 |somewhere small that keeps you motivated. While you're learning to be
491 |490 |00:51:40 ~-~-> 00:51:45 |comfortable. You have to trade comfortably. You have to look at things
492 |491 |00:51:45 ~-~-> 00:51:48 |in price action and say, Yeah, this makes sense. I expected to see this
493 |492 |00:51:48 ~-~-> 00:51:52 |happen, and this is basically what I'm looking to trade off of. So I'm going to
494 |493 |00:51:52 ~-~-> 00:51:56 |take the first opportunity to get in, but if it doesn't give those parameters
495 |494 |00:51:56 ~-~-> 00:52:00 |for you to get into the trade teaching, what I'm teaching you, Caleb, you're not
496 |495 |00:52:00 ~-~-> 00:52:04 |getting beat up. You're not getting raked across the coals and and doing it
497 |496 |00:52:04 ~-~-> 00:52:09 |wrong and entering poorly and getting stopped out. You see that for everyone
498 |497 |00:52:09 ~-~-> 00:52:13 |else that's listening to do you get that? Because if you're not getting
499 |498 |00:52:13 ~-~-> 00:52:18 |that, you're not picking up on the main lessons that what we're trying to do is
500 |499 |00:52:18 ~-~-> 00:52:26 |develop self control and have measured, realistic objectives that could be
501 |500 |00:52:26 ~-~-> 00:52:35 |easily met. All right, so this is two times we meet a higher high intraday
502 |501 |00:52:36 ~-~-> 00:52:43 |with a huge opening range gap we've already worked the initial first
503 |502 |00:52:43 ~-~-> 00:52:47 |presented fair value gap here. We dropped down in here, and we didn't get
504 |503 |00:52:47 ~-~-> 00:52:53 |this set up that I was wanting to see here. So this was a raid, and this was
505 |504 |00:52:53 ~-~-> 00:53:01 |another crest into a higher high so we have to hold on to this area right here.
506 |505 |00:53:03 ~-~-> 00:53:07 |Watch what I'm about to show you. This is liquidity. Okay, this is another
507 |506 |00:53:07 ~-~-> 00:53:11 |lesson that you ain't going to see in anybody else's bullshit. This was your
508 |507 |00:53:11 ~-~-> 00:53:17 |initial high. This was the stop run that took out that initial high. All of this
509 |508 |00:53:17 ~-~-> 00:53:23 |shaded area that I highlighted now that area, you treat that as a balanced price
510 |509 |00:53:23 ~-~-> 00:53:35 |range. Extend that over. We don't need this gap here. So now, what do we do
511 |510 |00:53:35 ~-~-> 00:53:40 |with this information? You have sell side here, you have a pool sell side.
512 |511 |00:53:40 ~-~-> 00:53:45 |Here you have sell side there. First presented fair value gap down here. This
513 |512 |00:53:45 ~-~-> 00:53:50 |is a balanced price range because it took a run into real orders. This was
514 |513 |00:53:50 ~-~-> 00:53:55 |not contrived. It's not some, just random area. This was exactly where buy
515 |514 |00:53:55 ~-~-> 00:53:59 |orders were brought into the marketplace and Smart Money sold to those
516 |515 |00:53:59 ~-~-> 00:54:05 |individuals to drive them into loss, because when the retail traders use this
517 |516 |00:54:05 ~-~-> 00:54:09 |area here to go long on a breakout above the initial high of the day, here
518 |517 |00:54:11 ~-~-> 00:54:15 |they're trapped long. So the market's going to gravitate to opposing
519 |518 |00:54:15 ~-~-> 00:54:19 |liquidity. Where's that sell side? Where's that right below that low? How
520 |519 |00:54:19 ~-~-> 00:54:26 |far can we reasonably expect it to go below this low? Michael, you're handy
521 |520 |00:54:26 ~-~-> 00:54:31 |dandy Fibonacci. Place it on your high that's your highest candle in all of
522 |521 |00:54:31 ~-~-> 00:54:35 |this. Swing high. It's anchored to the highest high. Drop it down to the low
523 |522 |00:54:35 ~-~-> 00:54:43 |here. This is the this is the first measurement I gave you. Whenever you
524 |523 |00:54:43 ~-~-> 00:54:48 |have a dealing range and you want to look for external liquidity, measure the
525 |524 |00:54:48 ~-~-> 00:54:52 |range which is this high here down to that low. Your first stepping stone to
526 |525 |00:54:52 ~-~-> 00:54:58 |understand how far prices can go beyond that or outside the range is negative
527 |526 |00:54:58 ~-~-> 00:55:05 |0.25, Five that's this level here. Did it trade there? Yes, but if it's going
528 |527 |00:55:05 ~-~-> 00:55:10 |to do a measured run, it's simply just a negative one standard deviation
529 |528 |00:55:16 ~-~-> 00:55:27 |that's down here that gets us to that upper quadrant level in the FIB you
530 |529 |00:55:27 ~-~-> 00:55:35 |graduate from a negative 0.25 level to what's half of the negative one. It's
531 |530 |00:55:35 ~-~-> 00:55:36 |negative 0.5
532 |531 |00:55:42 ~-~-> 00:55:50 |we look where the bodies are when I'm looking at this price, like, here I'm
533 |532 |00:55:50 ~-~-> 00:55:54 |getting an approximation, because it's just simply like, I'm teaching you Caleb
534 |533 |00:55:54 ~-~-> 00:55:58 |to look at these 20 handle runs in measurement and size, and getting
535 |534 |00:55:58 ~-~-> 00:56:05 |familiar with what that looks like. This run here to here. Half of that run was
536 |535 |00:56:06 ~-~-> 00:56:11 |when we were down here, when it was trading at 75 to $100 open unrealized
537 |536 |00:56:11 ~-~-> 00:56:17 |profit. That's why saying close that if you were in a day that didn't have this
538 |537 |00:56:17 ~-~-> 00:56:23 |multiple 100 handle opening gap, you could take this as a partial and then
539 |538 |00:56:23 ~-~-> 00:56:27 |aim for the upper quadrant level of the opening range gap. That's what this
540 |539 |00:56:27 ~-~-> 00:56:32 |level is here. And then if it's going to go down below that, which is likely,
541 |540 |00:56:32 ~-~-> 00:56:37 |what would it reach for one standard deviation, or a measured move of this
542 |541 |00:56:37 ~-~-> 00:56:42 |high to that low, projected below this low takes us down here, but because we
543 |542 |00:56:42 ~-~-> 00:56:48 |have a huge gap, chances are it can do what continuation. But initially, while
544 |543 |00:56:48 ~-~-> 00:56:53 |you're in the opening range of the day, not the opening range gap, the opening
545 |544 |00:56:53 ~-~-> 00:56:57 |range, which is 930 in the morning, Eastern Time to 10 o'clock, after a very
546 |545 |00:56:57 ~-~-> 00:57:03 |large opening range gap higher, always expect them to drop it down, create an
547 |546 |00:57:03 ~-~-> 00:57:06 |initial high of the day, and then run that then, then there's a deeper
548 |547 |00:57:06 ~-~-> 00:57:11 |retracement into it. Whether it gets to the mid gap, upper quadrant level
549 |548 |00:57:11 ~-~-> 00:57:15 |doesn't matter. It frames the logic where you can take a very easy bread and
550 |549 |00:57:15 ~-~-> 00:57:20 |butter setup, which is what I outlined. All of this here was that, but I showed
551 |550 |00:57:21 ~-~-> 00:57:25 |you what it's like if you don't take the partial or if you don't take the clothes
552 |551 |00:57:25 ~-~-> 00:57:29 |off, you know, if you don't take the one single contractor you're working with,
553 |552 |00:57:29 ~-~-> 00:57:33 |Caleb, and close it when you get 75 to 100 hours in open profit, and record
554 |553 |00:57:33 ~-~-> 00:57:38 |what it feels like to do that and record every single day and do it. Stop when
555 |554 |00:57:38 ~-~-> 00:57:45 |you get it. Don't push the buttons anymore. Having that consistency, that
556 |555 |00:57:45 ~-~-> 00:57:50 |ability to see something, and then you capitalize on it, and you realize it,
557 |556 |00:57:50 ~-~-> 00:57:55 |and you take it home in the results, it builds your confidence. But it's not
558 |557 |00:57:55 ~-~-> 00:58:00 |overconfidence, because, remember, it's just 75 to $100 but now, when you take
559 |558 |00:58:00 ~-~-> 00:58:04 |the logic that's being used by taking a setup like this and capturing a move
560 |559 |00:58:04 ~-~-> 00:58:10 |down to where you get to 75 to 100 what happens when it becomes a mini contract?
561 |560 |00:58:10 ~-~-> 00:58:16 |Then it gets a little bit more exciting. Then you start making your weekly salary
562 |561 |00:58:16 ~-~-> 00:58:20 |at your job in one of these little bread and butter setups. Just one of them, not
563 |562 |00:58:20 ~-~-> 00:58:26 |an everyday thing. Just one of them yields that. And then what happens is it
564 |563 |00:58:26 ~-~-> 00:58:35 |becomes much more beneficial for you to be selective about what setups you take,
565 |564 |00:58:35 ~-~-> 00:58:40 |and you don't have to be trading every single day, but in the beginning, you
566 |565 |00:58:40 ~-~-> 00:58:45 |need to be doing a lot of these types of setups, because it desensitizes you to
567 |566 |00:58:45 ~-~-> 00:58:49 |Yeah, I know I can find lots of setups. I know I can find lots of setups, and I
568 |567 |00:58:49 ~-~-> 00:58:56 |don't need to be fearful of missing any of them. But I have two minutes left.
569 |568 |00:58:56 ~-~-> 00:58:56 |All
570 |569 |00:59:02 ~-~-> 00:59:11 |right. So I covered a bunch of stuff for the folks that say I trade order blocks
571 |570 |00:59:11 ~-~-> 00:59:15 |and that's support and domain supply and demand. Or what is it? Support,
572 |571 |00:59:15 ~-~-> 00:59:21 |resistance? No, but I can teach you how to find the levels that classic support
573 |572 |00:59:21 ~-~-> 00:59:26 |and resistance would hope to be able to pick, but they don't. There's never been
574 |573 |00:59:26 ~-~-> 00:59:30 |a book out there, and I have over 2000 of them. There's never been a book that
575 |574 |00:59:30 ~-~-> 00:59:36 |has communicated how to find the right support level or the right resistance
576 |575 |00:59:36 ~-~-> 00:59:40 |level. And I'm using those terms right those correct ones, just like I've never
577 |576 |00:59:40 ~-~-> 00:59:46 |seen a book that shows you how to pick the right diagonal support trendline or
578 |577 |00:59:46 ~-~-> 00:59:52 |diagonal resistance trendline. It's, it's so subjective. It's, it's, it's a
579 |578 |00:59:52 ~-~-> 01:00:00 |farce, really. But when you look at this initial high, it's unreasonable. All
580 |579 |01:00:00 ~-~-> 01:00:03 |based on what I taught you today and what I taught in core content lessons
581 |580 |01:00:03 ~-~-> 01:00:07 |too and mentorship. It's unreasonable to anticipate the market to come right back
582 |581 |01:00:07 ~-~-> 01:00:12 |up to that high and stop as resistance, but it is reasonable, based on
583 |582 |01:00:12 ~-~-> 01:00:16 |algorithmic principles, that it will go above that high to get the orders for
584 |583 |01:00:16 ~-~-> 01:00:22 |the Express purposes of growing lower to attack them so they're targeting retail
585 |584 |01:00:22 ~-~-> 01:00:26 |mindset. That's why retail concepts is not what I I don't trade with that's
586 |585 |01:00:26 ~-~-> 01:00:32 |about just because you see me drawing a box or drawing a a trend line segment to
587 |586 |01:00:32 ~-~-> 01:00:36 |highlight a very specific price level for you to focus on. We're attacking
588 |587 |01:00:36 ~-~-> 01:00:40 |that level. Okay, that's what we're doing. We're tap, we're we're targeting
589 |588 |01:00:40 ~-~-> 01:00:44 |it. I'm not using this old high to say I want to sell short at that price level.
590 |589 |01:00:44 ~-~-> 01:00:48 |Now I'm expecting it to go up there and spend some time up there. Why? Because
591 |590 |01:00:49 ~-~-> 01:00:53 |it's going to accumulate what the orders that would be sitting there, and then
592 |591 |01:00:53 ~-~-> 01:00:58 |drop it down to attack the mindset that retail traders use, which is buying
593 |592 |01:00:58 ~-~-> 01:01:03 |momentum, selling momentum, buying a breakout, selling a breakout, they're
594 |593 |01:01:03 ~-~-> 01:01:08 |never trading against the direction of their intended profit. In other words,
595 |594 |01:01:08 ~-~-> 01:01:11 |if they're bullish, they're never entering when the market's dropping.
596 |595 |01:01:11 ~-~-> 01:01:14 |They're not doing that. It's scary to them because they don't know what
597 |596 |01:01:14 ~-~-> 01:01:20 |they're doing. But I'm doing that, I'm going in and teaching you how to
598 |597 |01:01:20 ~-~-> 01:01:27 |capitalize on that counter move you're running against the wind. And that's
599 |598 |01:01:27 ~-~-> 01:01:32 |exactly how you hang glide. That's how planes fly to heights that you know you
600 |599 |01:01:32 ~-~-> 01:01:37 |want to stay on the ground. Trade with those retail concepts you're never going
601 |600 |01:01:37 ~-~-> 01:01:42 |to fly, but you have to run into the resistance of one coming wind. You You
602 |601 |01:01:42 ~-~-> 01:01:47 |have to put your wings in there, open your your your parachute, and you'll be
603 |602 |01:01:47 ~-~-> 01:01:54 |able to glide on that. But if you're trying to chase something that's like
604 |603 |01:01:54 ~-~-> 01:01:57 |finding an air pocket, you're going to fall just like you feel when you're in
605 |604 |01:01:57 ~-~-> 01:02:02 |an airplane. You feel that turbulence, you're not getting lift. So what
606 |605 |01:02:02 ~-~-> 01:02:06 |happens? You fall and you wonder why retail logic causes you to go into
607 |606 |01:02:06 ~-~-> 01:02:10 |drawdown and lose because you're you're placing so much emphasis on things that
608 |607 |01:02:10 ~-~-> 01:02:14 |aren't going to give you what you're hoping they're going to give you, but
609 |608 |01:02:14 ~-~-> 01:02:18 |you're allowing yourself to be beaten up in that toxic relationship and say,
610 |609 |01:02:18 ~-~-> 01:02:21 |well, it's normal because the markets are random. Nobody, nobody knows what
611 |610 |01:02:21 ~-~-> 01:02:26 |price is going to do. Well, I'm Mr. Nobody. So here's the thing, this high
612 |611 |01:02:26 ~-~-> 01:02:31 |here, it's not going to be resistance. It's going to be absorbing buy stops
613 |612 |01:02:31 ~-~-> 01:02:38 |above that. So when it does this, when it does this very thing here, this
614 |613 |01:02:38 ~-~-> 01:02:43 |creates this whole pocket. It becomes a balanced price range. That means that
615 |614 |01:02:43 ~-~-> 01:02:48 |this, this will absolutely this high, will absolutely be just like a Support
616 |615 |01:02:48 ~-~-> 01:02:54 |Resistance book will tell you, Okay, here's resistance, broken. Turn support,
617 |616 |01:02:55 ~-~-> 01:03:01 |support. Now tell me find a fucking book that tells you how to give that logic
618 |617 |01:03:01 ~-~-> 01:03:04 |where it's the right support resistance, how to know when a support resistance
619 |618 |01:03:04 ~-~-> 01:03:08 |level is going to be really a supportive resistance level and not being swept for
620 |619 |01:03:08 ~-~-> 01:03:14 |the purposes of gathering the liquidity above or below them. I'm sorry. I'm
621 |620 |01:03:14 ~-~-> 01:03:18 |sorry, toots, but your ass is absolutely ass backwards. You want clout. I gave it
622 |621 |01:03:18 ~-~-> 01:03:22 |to you. I tweeted your shit. I hope you make more videos, because I'm going to
623 |622 |01:03:22 ~-~-> 01:03:27 |have fun with you. Everything that these people were going to tell you, if this
624 |623 |01:03:27 ~-~-> 01:03:32 |was logic that's borrowed from someone else, somebody else would be doing it.
625 |624 |01:03:32 ~-~-> 01:03:37 |They would explain it beforehand. They would tell you which supplier demand
626 |625 |01:03:37 ~-~-> 01:03:41 |zone is going to be the one. They would use a very small, ultra small stop loss,
627 |626 |01:03:41 ~-~-> 01:03:46 |and they would get targets hit just like that. But you ain't seeing that. Okay,
628 |627 |01:03:46 ~-~-> 01:03:50 |you're not seeing that, but I'm showing it to you. I'm giving you the why. I'm
629 |628 |01:03:50 ~-~-> 01:03:56 |giving you the win. I'm I'm telling you how to do it, but as my son, as the
630 |629 |01:03:56 ~-~-> 01:04:04 |target audience here, you have to move very small, slow and small, incremental
631 |630 |01:04:04 ~-~-> 01:04:09 |steps. Okay? And what you see dad doing, you'll be able to do that stuff. It's
632 |631 |01:04:09 ~-~-> 01:04:15 |just you have to start here first, and that way you won't feel any regret, you
633 |632 |01:04:15 ~-~-> 01:04:24 |won't chase big fast money, because that is that's easy. In the Navy SEALs, I'm
634 |633 |01:04:24 ~-~-> 01:04:27 |gonna say this and I'm gonna close it. In the Navy Navy SEALs, they have an
635 |634 |01:04:27 ~-~-> 01:04:39 |expression, slow is smooth, and smooth is fast, meaning when you move, when you
636 |635 |01:04:39 ~-~-> 01:04:44 |move, slow, you're moving smoothly. You're less likely to make a mistake,
637 |636 |01:04:44 ~-~-> 01:04:51 |and because you're not making mistakes, you're moving fast. You're all trying to
638 |637 |01:04:51 ~-~-> 01:04:54 |get to a profitable, consistent lifestyle as a trader, where you're
639 |638 |01:04:54 ~-~-> 01:05:01 |making big money. That big money is waiting for you. You. Pushing it further
640 |639 |01:05:01 ~-~-> 01:05:05 |away by trying to run to it faster than you can. You haven't even learned how to
641 |640 |01:05:05 ~-~-> 01:05:10 |crawl yet. You haven't learned how to walk. You haven't learned how to walk
642 |641 |01:05:10 ~-~-> 01:05:16 |briskly and then run when you're really good and you know what you're looking
643 |642 |01:05:16 ~-~-> 01:05:19 |for. You can run these markets up down, all over the place, buying and selling
644 |643 |01:05:19 ~-~-> 01:05:27 |all day alone, I've made over 1400 handles just in the last two and three
645 |644 |01:05:27 ~-~-> 01:05:33 |quarters weeks, and I have students that can verify that some of it you watch me
646 |645 |01:05:33 ~-~-> 01:05:39 |do publicly, other stuff they saw. I regret sometimes saying that, because it
647 |646 |01:05:39 ~-~-> 01:05:42 |sounds like an X people out there saying I'm going to do a mentorship in 2025 to
648 |647 |01:05:42 ~-~-> 01:05:46 |do a mentorship in 2025 No, I'm not. I'm never doing another mentorship where
649 |648 |01:05:46 ~-~-> 01:05:52 |you're paying me money. But I do have this group that sits with me and I I
650 |649 |01:05:52 ~-~-> 01:05:56 |show them what I'm doing, and I'm walking them through what I'm walking
651 |650 |01:05:56 ~-~-> 01:06:00 |you through. Here. Watch this. Watch this. It's going to behave here. It's
652 |651 |01:06:00 ~-~-> 01:06:03 |going to reach here. It shouldn't go below here. I'm walking it's I'm tape
653 |652 |01:06:03 ~-~-> 01:06:07 |reading them. I'm giving them my internal dialog. It's important for you
654 |653 |01:06:07 ~-~-> 01:06:12 |to do that on your own. Caleb, based on the things I'm I'm giving you, is just
655 |654 |01:06:12 ~-~-> 01:06:18 |foundational principles. And then building on that, if I don't tell you
656 |655 |01:06:19 ~-~-> 01:06:26 |everything, that forces you to do what, expand your discomfort zone. See, when
657 |656 |01:06:26 ~-~-> 01:06:29 |you don't know something, it's uncomfortable, and when you're looking
658 |657 |01:06:29 ~-~-> 01:06:33 |at these candlesticks, what's it going to do next? What's going to do next? You
659 |658 |01:06:33 ~-~-> 01:06:36 |don't have to worry about that, because what you're looking for is what matters
660 |659 |01:06:36 ~-~-> 01:06:40 |most to you and your model. And like it did down here, it didn't give the setup
661 |660 |01:06:40 ~-~-> 01:06:44 |that would have yielded a losing trade. That's the benefit of knowing what to do
662 |661 |01:06:44 ~-~-> 01:06:50 |and when not to do something. I don't regret not capturing along here. I don't
663 |662 |01:06:50 ~-~-> 01:06:54 |regret not shorting up here. These are all things I was outlined, but I'm
664 |663 |01:06:54 ~-~-> 01:07:00 |teaching you, Caleb, to use that first fair value. It has to be framed off of
665 |664 |01:07:00 ~-~-> 01:07:04 |that. It can be used as a bullish scenario. It can be used as a bearish
666 |665 |01:07:04 ~-~-> 01:07:08 |scenario. But your focus is right here. Do you see the benefits of knowing what
667 |666 |01:07:08 ~-~-> 01:07:14 |that does for you? There's all kinds of all these little gaps in here. Which one
668 |667 |01:07:14 ~-~-> 01:07:17 |are you going to pick? That's the same question that every other student in the
669 |668 |01:07:17 ~-~-> 01:07:20 |world has called me. Which fair value get. So I removed that problem for you
670 |669 |01:07:20 ~-~-> 01:07:24 |and everybody else that wants to listen to wants to listen to me, use the very
671 |670 |01:07:24 ~-~-> 01:07:28 |first one that's presented on a one minute chart, because that'll give you
672 |671 |01:07:28 ~-~-> 01:07:33 |enough to start with. In time, you'll find that there are other fair value
673 |672 |01:07:33 ~-~-> 01:07:38 |gaps on time based delivery that will be meaningful to you as well. It's not just
674 |673 |01:07:38 ~-~-> 01:07:42 |simply the first one, but that's the first one that can't hide, right? That's
675 |674 |01:07:42 ~-~-> 01:07:46 |the first one that's presented in price action that they cannot hide from you.
676 |675 |01:07:48 ~-~-> 01:07:53 |So it gives you your immediate initial focus, your bias initially is going to
677 |676 |01:07:53 ~-~-> 01:08:02 |be always looking for middle the gap. I'm making it binary. If it's this, then
678 |677 |01:08:02 ~-~-> 01:08:07 |you do that. If it's that, then you do this. If neither these scenarios are
679 |678 |01:08:07 ~-~-> 01:08:11 |there, you do nothing. You sit still. If then else
680 |679 |01:08:12 ~-~-> 01:08:17 |that's programming, that's computer programming, that's that's how a
681 |680 |01:08:17 ~-~-> 01:08:25 |programmer would build with with, with code to the project specifications. This
682 |681 |01:08:25 ~-~-> 01:08:29 |is what I want at the end. I need a paid I need a payroll program that does this,
683 |682 |01:08:29 ~-~-> 01:08:36 |this, this, and runs reports on these primary statistics that I want to have.
684 |683 |01:08:37 ~-~-> 01:08:42 |And then a coder sits down says, Okay, well, I can do that. Encodes it out well
685 |684 |01:08:42 ~-~-> 01:08:45 |in trading, because it's algorithmically delivered, you have to have your your
686 |685 |01:08:46 ~-~-> 01:08:49 |arrays where you're going to get the information from, where's the first
687 |686 |01:08:49 ~-~-> 01:08:52 |setup going to form every single time you sit in front of the charts, Caleb,
688 |687 |01:08:52 ~-~-> 01:08:56 |it's going to happen in the morning session. Where are you going to look for
689 |688 |01:08:56 ~-~-> 01:09:00 |that set up the form that's an array, that's a data point, just like a program
690 |689 |01:09:00 ~-~-> 01:09:05 |is going to go and, okay, I need to do this calculation. I need to get the
691 |690 |01:09:05 ~-~-> 01:09:10 |source information. So that data, where is it? Well, it's in that first 30
692 |691 |01:09:10 ~-~-> 01:09:16 |minutes of trading. What is the first data point where we first open up at the
693 |692 |01:09:16 ~-~-> 01:09:21 |first 930 print in relationship to where we settled previous day. So you have
694 |693 |01:09:21 ~-~-> 01:09:25 |two, two arrays of information right there. Are we above or below at the
695 |694 |01:09:25 ~-~-> 01:09:29 |opening at 930 if we're above, okay, what's the midpoint between those two
696 |695 |01:09:29 ~-~-> 01:09:33 |price points? Yesterday's settlement price at 414 and 930 opening price
697 |696 |01:09:33 ~-~-> 01:09:39 |today, if we're opening higher at 930 today, that means that the draw, initial
698 |697 |01:09:39 ~-~-> 01:09:46 |draw, or the bias for you is going to be lower, and you are. You're submitting to
699 |698 |01:09:46 ~-~-> 01:09:50 |the idea that it doesn't need to get to that midpoint gap. It doesn't never need
700 |699 |01:09:50 ~-~-> 01:09:54 |to pray. It doesn't need the price there yet, but that's your bias. And then
701 |700 |01:09:54 ~-~-> 01:10:02 |you're waiting until 931 candlestick closes. And. Then at 932 if 931 creates
702 |701 |01:10:02 ~-~-> 01:10:07 |a fair value gap, that's your first fair value gap for the day. That is your
703 |702 |01:10:07 ~-~-> 01:10:13 |focus point for the range that your setup is going to form at or near right
704 |703 |01:10:13 ~-~-> 01:10:17 |away that's already smashed the shit out of everybody else's stuff, because
705 |704 |01:10:17 ~-~-> 01:10:22 |everybody else's stuff is reacting to things we're anticipating, we are
706 |705 |01:10:22 ~-~-> 01:10:26 |fucking predicting the future. That's what you're trading futures. It's in the
707 |706 |01:10:26 ~-~-> 01:10:29 |name of the fucking game. If you're not predicting the future, you're fucking
708 |707 |01:10:29 ~-~-> 01:10:36 |clueless. You're clueless. And I am not making guesses, and I'm not teaching you
709 |708 |01:10:36 ~-~-> 01:10:40 |son to make fucking guesses like these Yahoos out there, these people are
710 |709 |01:10:40 ~-~-> 01:10:44 |fucking idiots. They're fucking clowns. They think they're smart. They have no
711 |710 |01:10:44 ~-~-> 01:10:49 |idea where they're at zero. They have zero fucking understanding. My students
712 |711 |01:10:49 ~-~-> 01:10:52 |have seen me do this, and they're able to do this, and you're gonna do it too.
713 |712 |01:10:53 ~-~-> 01:10:57 |You are going to fucking run circles around these fucking jerks. But let them
714 |713 |01:10:57 ~-~-> 01:11:03 |talk, because that is liquidity. That's the people up here. That's the people
715 |714 |01:11:04 ~-~-> 01:11:08 |that are selling short down here. That's the people that you're targeting.
716 |715 |01:11:08 ~-~-> 01:11:14 |They're your fucking food. Son, they're your food. Don't worry about don't play
717 |716 |01:11:14 ~-~-> 01:11:17 |with your fucking food. Okay, don't worry about them, because they're gonna
718 |717 |01:11:17 ~-~-> 01:11:22 |keep coming to the watering hole and you eat. Don't feel sorry for them. Don't
719 |718 |01:11:22 ~-~-> 01:11:27 |apologize to them when you get ready, take them out, devour them. Fucking
720 |719 |01:11:27 ~-~-> 01:11:32 |devour them. Their food. For you, their food just simply consume them. That's
721 |720 |01:11:32 ~-~-> 01:11:36 |all you have to do. That's what trading is. You don't feel sorry for the person
722 |721 |01:11:36 ~-~-> 01:11:40 |outside your trade. Fuck them. They made the mistake. Let them live with it. If
723 |722 |01:11:40 ~-~-> 01:11:43 |they're smart, they'll come back and bounce it and get it back and draw down
724 |723 |01:11:43 ~-~-> 01:11:47 |recover. If they can't recover, their drawdown, they don't deserve to be here.
725 |724 |01:11:47 ~-~-> 01:11:53 |They should be food and exterminated. That's the that's the economy in this
726 |725 |01:11:53 ~-~-> 01:11:58 |business. Folks, if that's jarring for you, if that's unsettling for you, get
727 |726 |01:11:58 ~-~-> 01:12:01 |over it, because that's exactly what you're going to have happen to you when
728 |727 |01:12:01 ~-~-> 01:12:07 |you do it wrong. Your food, someone got you, someone devoured you, someone took
729 |728 |01:12:07 ~-~-> 01:12:16 |your money. But until you look at the market like this, like it's war, like
730 |729 |01:12:16 ~-~-> 01:12:25 |it's survival of the fittest, predator and prey, what would you rather be the
731 |730 |01:12:25 ~-~-> 01:12:34 |animal looking up, expecting any moment darkness to descend upon them, or
732 |731 |01:12:34 ~-~-> 01:12:44 |looking down At the meal and not needing to apologize? That's the mindset. That's
733 |732 |01:12:44 ~-~-> 01:12:50 |what it requires. If you go in here and think you're looking at classical
734 |733 |01:12:50 ~-~-> 01:12:56 |musical notes on a sheet of paper, that's that's not how it works. You're
735 |734 |01:12:56 ~-~-> 01:13:01 |lying to yourself. This Is War, and the people on the other side of your trade,
736 |735 |01:13:01 ~-~-> 01:13:06 |want you to fail. I want all of you, if you're on the other side of my trade, I
737 |736 |01:13:06 ~-~-> 01:13:13 |want every single one of you to lose. If I was on the other side of your trade,
738 |737 |01:13:13 ~-~-> 01:13:18 |you'd want me to lose. Why is there any shame? There ain't none. If you
739 |738 |01:13:18 ~-~-> 01:13:24 |understand the the economy of this industry. That's how it works. So you
740 |739 |01:13:24 ~-~-> 01:13:28 |have to look for the advantages that everybody else makes the same mistakes
741 |740 |01:13:29 ~-~-> 01:13:33 |outside of the logic I'm teaching. They all make the same fucking mistakes, and
742 |741 |01:13:33 ~-~-> 01:13:39 |they think, they think with their myopic perspectives, because I dress a chart a
743 |742 |01:13:39 ~-~-> 01:13:44 |certain way. Oh, that's a sell. And so time and price theory, my time and price
744 |743 |01:13:44 ~-~-> 01:13:49 |theory, is fucking macros. That means 20 minute intervals every single hour of
745 |744 |01:13:49 ~-~-> 01:13:52 |every single day, the last 10 minutes before the top of the hour and the first
746 |745 |01:13:52 ~-~-> 01:13:57 |10 minutes of the top of the hour every single hour. That's my time and price
747 |746 |01:13:57 ~-~-> 01:14:00 |theory. I'm not using geometrical fucking shapes. I'm not looking at
748 |747 |01:14:00 ~-~-> 01:14:04 |diagonal trend lines. I'm not looking again. Gann is absolute fucking
749 |748 |01:14:04 ~-~-> 01:14:09 |bullshit. I've said this before. It's bullshit that's nowhere in my charts.
750 |749 |01:14:09 ~-~-> 01:14:14 |It's never being implemented. None of that stuff I'm looking for time when the
751 |750 |01:14:14 ~-~-> 01:14:17 |market should should start running. It's spooling and it's going to be running
752 |751 |01:14:17 ~-~-> 01:14:21 |for liquidity or inefficiency. So that means I already know what I'm looking
753 |752 |01:14:21 ~-~-> 01:14:26 |for. Time wise, I'm setting my watch to I'm gonna set a expectation. I'm gonna
754 |753 |01:14:26 ~-~-> 01:14:33 |look for a setup at every fucking hour. Can you do that with your harmonic horse
755 |754 |01:14:33 ~-~-> 01:14:37 |shit? Can you do that with your Elliot Wade? Can you tell me at every single
756 |755 |01:14:37 ~-~-> 01:14:40 |hour that you're gonna get a fucking setup that you know when that fucking
757 |756 |01:14:40 ~-~-> 01:14:45 |setups gonna form. Can you do that? You fucking can't. You cannot do that. So
758 |757 |01:14:45 ~-~-> 01:14:48 |how the fuck are we on the same playing field? We're not baby I'm way to fuck up
759 |758 |01:14:48 ~-~-> 01:14:52 |here in the fucking stratosphere looking down at all you fucking piss ants. You
760 |759 |01:14:52 ~-~-> 01:14:56 |have no idea who the fuck is talking to you. You have no idea where the fuck I
761 |760 |01:14:56 ~-~-> 01:15:00 |am from, what I'm fucking done, what I know you are fucking clowns. Keep making
762 |761 |01:15:00 ~-~-> 01:15:08 |your dumb shit. We're all laughing at you. Nowhere near the same fucking
763 |762 |01:15:08 ~-~-> 01:15:13 |playing field. It's unfair. The advantages are so unfair. And what's
764 |763 |01:15:13 ~-~-> 01:15:23 |funny is you can't even recognize it. You can't recognize it. So imagine the
765 |764 |01:15:23 ~-~-> 01:15:29 |humor. Imagine the fucking humor. I hope this person and anybody else that talks
766 |765 |01:15:29 ~-~-> 01:15:33 |that nonsense, I can't wait to watch them live stream. I can't wait to see
767 |766 |01:15:33 ~-~-> 01:15:36 |what the fuck they do, because I'm gonna fade every fucking thing they do, and
768 |767 |01:15:36 ~-~-> 01:15:43 |I'm gonna explain why that bullshit ain't working, so please schedule your
769 |768 |01:15:43 ~-~-> 01:15:46 |live stream, and I'm gonna fucking show you what you fucking don't know. And
770 |769 |01:15:47 ~-~-> 01:15:51 |this is an open invitation to anybody. I don't give a fuck who you are. Let's
771 |770 |01:15:51 ~-~-> 01:15:55 |have some fun. I'm here for it. I told you the fall of this year was gonna be
772 |771 |01:15:55 ~-~-> 01:16:04 |fucking fun, and I'm here for it. But you have to understand something. Just
773 |772 |01:16:04 ~-~-> 01:16:09 |because a fucking trend line, a straight line drawing from one point to the next,
774 |773 |01:16:09 ~-~-> 01:16:12 |doesn't mean that I'm a trend line trader. Doesn't mean that I'm trading
775 |774 |01:16:12 ~-~-> 01:16:18 |uh, support or resistance. It doesn't mean that I'm trading supply and demand.
776 |775 |01:16:18 ~-~-> 01:16:24 |When I highlight a very specific price range. That is a order block. It is not
777 |776 |01:16:24 ~-~-> 01:16:30 |a bunch of orders. Okay? Order blocks don't make price go up. You fucking
778 |777 |01:16:30 ~-~-> 01:16:33 |people don't know what you're talking about. You literally don't know what the
779 |778 |01:16:33 ~-~-> 01:16:45 |fuck you're talking about. An order block is two specific price levels. Two
780 |779 |01:16:45 ~-~-> 01:16:49 |one's afforded for the initial entry, for smart money, and the second one, if
781 |780 |01:16:49 ~-~-> 01:16:55 |it's given they can add to it. That's what's really going on in those specific
782 |781 |01:16:56 ~-~-> 01:16:59 |time intervals that I'm pointing to at any given time. That's what's really
783 |782 |01:16:59 ~-~-> 01:17:05 |going on. It's an algorithmic delivery where prices being offered at that
784 |783 |01:17:05 ~-~-> 01:17:10 |price, not a zone, not some fucking Milli Vanilli area, where, who the hell
785 |784 |01:17:10 ~-~-> 01:17:14 |knows what you're trying to get? I know exactly what I'm trying to get. Look at
786 |785 |01:17:14 ~-~-> 01:17:17 |my fucking executions. Look at the logic. Look at the things I'm telling
787 |786 |01:17:17 ~-~-> 01:17:22 |you as the tape is printing on these lower time frames, and how it's stopping
788 |787 |01:17:22 ~-~-> 01:17:26 |right to the fucking tick it's behaving. What I tell you it's going to do, how
789 |788 |01:17:26 ~-~-> 01:17:30 |it's going to behave, and when it doesn't do that, it gives me insight and
790 |789 |01:17:30 ~-~-> 01:17:34 |tells me it's going to go to this liquidity or this inefficiency or this
791 |790 |01:17:34 ~-~-> 01:17:41 |specific PD array. It's laughable. Like it. I mean, I love it. I wish more
792 |791 |01:17:41 ~-~-> 01:17:45 |people made more videos like that. I swear. I wish you would do more of that
793 |792 |01:17:45 ~-~-> 01:17:49 |stuff. Because all it does, it saturates the market with more proof that you
794 |793 |01:17:49 ~-~-> 01:17:50 |fucking people are stupid.
795 |794 |01:17:51 ~-~-> 01:17:55 |Because once my students see this stuff and they make money with it in their own
796 |795 |01:17:55 ~-~-> 01:18:00 |hands, you're never convincing them otherwise, and we're all in on the
797 |796 |01:18:00 ~-~-> 01:18:04 |fucking joke, you're a clown, and you understand why? Now, I've always laughed
798 |797 |01:18:04 ~-~-> 01:18:10 |at people like this. That's why I sound arrogant and pompous and narcissistic,
799 |798 |01:18:10 ~-~-> 01:18:16 |because idiots are trying to tell me what they don't know. Like you don't
800 |799 |01:18:16 ~-~-> 01:18:21 |know. You simply don't know. And it's not for a lack of opportunity, because I
801 |800 |01:18:21 ~-~-> 01:18:28 |have it out here for free. Who's the idiot here? Who's the fool here? Someone
802 |801 |01:18:28 ~-~-> 01:18:31 |they can tell you beforehand and then execute on it, and then made millionaire
803 |802 |01:18:31 ~-~-> 01:18:37 |students with it. Millionaire students, not just I gotta, I gotta pay out
804 |803 |01:18:37 ~-~-> 01:18:49 |millionaire students. You're going to come talking to me. I fucking love it. I
805 |804 |01:18:49 ~-~-> 01:18:53 |love it. Get your fucking ad revenue. Lady. Christmas is fucking coming that
806 |805 |01:18:53 ~-~-> 01:18:58 |way. You can put some stamps on the fucking Christmas cards and send them
807 |806 |01:18:58 ~-~-> 01:19:03 |out. I will be with you tomorrow if I can, if I absolutely can, work it out, I
808 |807 |01:19:03 ~-~-> 01:19:06 |will be with you the last hour today. Okay, because I want to be able to prove
809 |808 |01:19:06 ~-~-> 01:19:12 |to you that we can, we can do more than what's being shown here. But Caleb, you
810 |809 |01:19:12 ~-~-> 01:19:18 |have plenty to work with here. You have plenty to start with as a framework,
811 |810 |01:19:19 ~-~-> 01:19:26 |there's no guesswork in it you're you're going by the numbers, time of day, very
812 |811 |01:19:26 ~-~-> 01:19:30 |specific measurements in time, very, very, very specific measurements in what
813 |812 |01:19:30 ~-~-> 01:19:35 |price you're looking for. Not a zone, not a diagonal trend line, not some
814 |813 |01:19:35 ~-~-> 01:19:40 |horseshit, Elliott Wave garbage, none of that stuff. Okay, the measurements of
815 |814 |01:19:40 ~-~-> 01:19:46 |Fibonacci are just simply giving me measurements of a range and what beyond
816 |815 |01:19:46 ~-~-> 01:19:50 |that range, if it trades beyond it, what level, if it agrees with another PD
817 |816 |01:19:50 ~-~-> 01:19:54 |array. That's the secret of Fibonacci. Because you can have all the Fibonacci
818 |817 |01:19:54 ~-~-> 01:19:58 |extensions you want and all the retracements you want, it doesn't mean
819 |818 |01:19:58 ~-~-> 01:20:03 |price is going to do shit there you. It doesn't mean that. But what happens if
820 |819 |01:20:03 ~-~-> 01:20:07 |you have a price range that's moved higher, then it retraces lower into a
821 |820 |01:20:07 ~-~-> 01:20:13 |62, to 70% traceable that's a that's the golden ratio. I mean, that's, I mean, I
822 |821 |01:20:13 ~-~-> 01:20:17 |didn't invent that. It's a three quarter poreback by itself. There. You can do
823 |822 |01:20:17 ~-~-> 01:20:23 |that all day long, all day long, and fail. But what happens when there's a PD
824 |823 |01:20:23 ~-~-> 01:20:26 |array that agrees with that, and it's also in a macro time 10 minutes to the
825 |824 |01:20:26 ~-~-> 01:20:31 |top of our or 10 minutes after that same hour? Now you have a loaded deal. It's
826 |825 |01:20:31 ~-~-> 01:20:34 |going to trade, it's going to, it's going to it's going to run. It may not
827 |826 |01:20:34 ~-~-> 01:20:38 |run 100 handles, but it's going to run back to the top of the range that you're
828 |827 |01:20:38 ~-~-> 01:20:41 |framing for that Fibonacci. And that's all you need is a bread and butter
829 |828 |01:20:41 ~-~-> 01:20:45 |setup. See, I can use all your tools against you. I can use all your retail
830 |829 |01:20:45 ~-~-> 01:20:48 |horseshit. I can pick the right support and resistance. I can pick the right
831 |830 |01:20:48 ~-~-> 01:20:51 |fucking trend line. I can pick all the fucking supply and demand zones that are
832 |831 |01:20:51 ~-~-> 01:20:55 |really the ones that make money. Why are all these people out there failing when
833 |832 |01:20:55 ~-~-> 01:20:59 |they try to use supply and demand? Why am I able to tell you beforehand all the
834 |833 |01:20:59 ~-~-> 01:21:02 |when am I getting it wrong? Have you seen that? Have you noticed that lately?
835 |834 |01:21:03 ~-~-> 01:21:06 |Have you noticed that why is my in my hands work better than everything else.
836 |835 |01:21:06 ~-~-> 01:21:10 |I can do the same thing with indicators. I can take a buy and sell based on
837 |836 |01:21:10 ~-~-> 01:21:15 |divergence. That that works the real divergence. I used to lose money all the
838 |837 |01:21:15 ~-~-> 01:21:19 |time trading bullish divergences, but bullish divergences that occur in a
839 |838 |01:21:19 ~-~-> 01:21:26 |stochastics or a rsi or a MACD, and you have a bullish scenario based on a order
840 |839 |01:21:26 ~-~-> 01:21:30 |block or inefficiency with a fair value gap, and it's inside of a macro There
841 |840 |01:21:30 ~-~-> 01:21:34 |you go. Now your indicators fucking work. Now they will work. The secret
842 |841 |01:21:34 ~-~-> 01:21:39 |recipe that you never have is ICT. If you don't put ICT in your shit, you got
843 |842 |01:21:39 ~-~-> 01:21:46 |nothing, honey, I'm the I'm the sweet in the tea. Okay? I'm the spice that makes
844 |843 |01:21:46 ~-~-> 01:21:54 |it so fucking nice. I am the thing that cherry on top. I'm what makes it good.
845 |844 |01:21:54 ~-~-> 01:21:58 |You don't have me in it. It ain't working. How about that? How's that for
846 |845 |01:21:58 ~-~-> 01:22:02 |narcissism? How's that for arrogance? Without me, your shit doesn't work,
847 |846 |01:22:03 ~-~-> 01:22:06 |period. Look at every one of your losing trades, I guarantee you you're against
848 |847 |01:22:06 ~-~-> 01:22:10 |what I'm teaching. Then look at your winning trades, and they're going to be
849 |848 |01:22:10 ~-~-> 01:22:13 |in alignment, and you're not going to know or recognize that that's the reason
850 |849 |01:22:14 ~-~-> 01:22:18 |why your trade worked. How about that? For a fucking video? Do a documentary on
851 |850 |01:22:18 ~-~-> 01:22:23 |that? You fucking clowns. You have no idea what you're talking about. I could
852 |851 |01:22:23 ~-~-> 01:22:28 |flip this around and make a mockery of every other fucking style and show them
853 |852 |01:22:28 ~-~-> 01:22:34 |how it fails and how to make it work. I got plenty of opportunities to make like
854 |853 |01:22:34 ~-~-> 01:22:40 |that, but I'm busy doing this. I'm I'm busy predicting the future. I'm busy
855 |854 |01:22:40 ~-~-> 01:22:48 |teaching how other people can be millionaires for free. So that's it for
856 |855 |01:22:48 ~-~-> 01:22:58 |today. Low risk, low yield, laboratory experiments, 75 to $100 a day time. Very
857 |856 |01:23:00 ~-~-> 01:23:04 |specific price levels, very specific draws on liquidity. The initial draw is
858 |857 |01:23:04 ~-~-> 01:23:09 |50% of the gap. If you work with this in the beginning. Caleb, don't ask beyond
859 |858 |01:23:09 ~-~-> 01:23:13 |that. Don't ask me, what about this? And what about that? Just stick with this.
860 |859 |01:23:13 ~-~-> 01:23:17 |Do it for a couple weeks. Look at your charts and, you know, impact testing it.
861 |860 |01:23:17 ~-~-> 01:23:21 |Look and see, and you'll see these setups are there every single day. And
862 |861 |01:23:21 ~-~-> 01:23:25 |then when you have the ability to do it, watch it with the tape live, you're not
863 |862 |01:23:25 ~-~-> 01:23:29 |pushing the button, but you're going to watch these types of things pan out. And
864 |863 |01:23:29 ~-~-> 01:23:32 |then after you do two or three weeks of that, then you can go and start pressing
865 |864 |01:23:32 ~-~-> 01:23:36 |the button with one contract on a micro and then test the theory. Just simply,
866 |865 |01:23:36 ~-~-> 01:23:39 |just test it, and desensitize yourself to the worries about making money or
867 |866 |01:23:39 ~-~-> 01:23:43 |losing money. And that's what all of you should do, too, in that order, in that
868 |867 |01:23:43 ~-~-> 01:23:47 |natural progression, that way you go through the process of eliminating all
869 |868 |01:23:47 ~-~-> 01:23:50 |that I have to make money or I'm afraid I'm going to lose money, don't worry
870 |869 |01:23:50 ~-~-> 01:23:54 |about doing that stuff. All that stuff is things that it's going to work itself
871 |870 |01:23:54 ~-~-> 01:23:58 |out. If you do everything I'm teaching, that's going to be the least of your
872 |871 |01:23:58 ~-~-> 01:24:02 |concern. And until I'll talk to you either later today, I'll let you know in
873 |872 |01:24:02 ~-~-> 01:24:05 |my community post and or on Twitter. I'll probably do if I'm going to be on
874 |873 |01:24:05 ~-~-> 01:24:09 |there, I'll do both. I'll tweet it and I'll say it on my community post.
875 |874 |01:24:09 ~-~-> 01:24:12 |Otherwise, the only post you see in my community post will be, what did you
876 |875 |01:24:12 ~-~-> 01:24:15 |learn today? And for the jackasses, they'll say, we we watched you not take
877 |876 |01:24:15 ~-~-> 01:24:19 |the profit in the market went the other direction. And that's exactly what I
878 |877 |01:24:19 ~-~-> 01:24:22 |want you to see. I'll talk to you later be safe. Bye.