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Last modified by Drunk Monkey on 2024-09-25 09:33
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2 |1 |00:00:15 ~-~-> 00:00:20 |ICT: All right, Caleb, this is your 15 minute time frame here, and as you'll
3 |2 |00:00:20 ~-~-> 00:00:27 |see in the live stream I did today with the rest of the public, was working with
4 |3 |00:00:27 ~-~-> 00:00:35 |the micro NASDAQ, right? So notice this bottom mount sell side and efficiency
5 |4 |00:00:35 ~-~-> 00:00:40 |that was ahead of the 930 opening. Then we had these relative equal lows here.
6 |5 |00:00:40 ~-~-> 00:00:44 |That's where sell side is. So notice that the market opened up, traded down,
7 |6 |00:00:44 ~-~-> 00:00:49 |hit the high end of this fair value gap, two young closed candles. That's an over
8 |7 |00:00:49 ~-~-> 00:00:53 |block. You see how we traded down into that and rallied higher? Wrong to be
9 |8 |00:00:53 ~-~-> 00:00:58 |focusing up until 1130 noon time each morning. So I'm not worried about the
10 |9 |00:00:58 ~-~-> 00:00:58 |afternoon. I'm
11 |10 |00:01:04 ~-~-> 00:01:08 |all right. So this is the five minute chart, again, the fair value gap here.
12 |11 |00:01:09 ~-~-> 00:01:15 |Keep your eye on this line. That's going to be the level or the top of the 50
13 |12 |00:01:15 ~-~-> 00:01:18 |minute possible valve cell sign efficiency that the market drops down
14 |13 |00:01:18 ~-~-> 00:01:24 |into on the Judas. So inside of the opening range. It's the 930, to 10
15 |14 |00:01:24 ~-~-> 00:01:30 |o'clock interval. That's this drop here. Okay, so it drops down into that high,
16 |15 |00:01:30 ~-~-> 00:01:35 |that fair value got 115 in a time frame. The market then rallies higher. Then we
17 |16 |00:01:35 ~-~-> 00:01:39 |have this small, little buy side and balance sell side, efficiency, fair
18 |17 |00:01:39 ~-~-> 00:01:43 |value gap. After rallying higher, it drops down into that and later on, you
19 |18 |00:01:43 ~-~-> 00:01:47 |can see that, in fact, go higher. But again, that's outside of your model.
20 |19 |00:01:47 ~-~-> 00:01:52 |Your model is to be completed by no later than 1130 in the morning, Eastern
21 |20 |00:01:52 ~-~-> 00:01:52 |Time,
22 |21 |00:01:58 ~-~-> 00:02:02 |right? One minute chart. Here's the sell side liquidity pool here. And here's
23 |22 |00:02:02 ~-~-> 00:02:07 |that top, that 15 minute fair value gap. So we see that the market did, in fact,
24 |23 |00:02:07 ~-~-> 00:02:15 |open up at 930 here. We dropped down, rallied up, took out the short term
25 |24 |00:02:15 ~-~-> 00:02:20 |high. I'll talk a little bit again. A moment, broke lower, came back up into
26 |25 |00:02:21 ~-~-> 00:02:25 |this cell center, balanced by side and efficiency, fair value gap then drops
27 |26 |00:02:25 ~-~-> 00:02:30 |and attacks this low and then into the sell side and then down to the top of
28 |27 |00:02:30 ~-~-> 00:02:34 |that 15 minute fair value gap, the market then rallies up, creates a fair
29 |28 |00:02:34 ~-~-> 00:02:40 |value gap here, accumulates new long positions, rallies Up, comes back down
30 |29 |00:02:40 ~-~-> 00:02:46 |into the discount wick, which is this wick right here, and this half of that
31 |30 |00:02:46 ~-~-> 00:02:52 |wick is this level here. So it hits it perfectly to the tick rallies, comes
32 |31 |00:02:52 ~-~-> 00:03:01 |back down in rallies aggressively into higher high than that of the high form
33 |32 |00:03:01 ~-~-> 00:03:03 |ahead of 945 right?
34 |33 |00:03:08 ~-~-> 00:03:15 |Here's regular trading hours. This is the time we look for the opening range
35 |34 |00:03:15 ~-~-> 00:03:21 |gap. So that's the previous day. Selling price. 930 opening tick. You grade your
36 |35 |00:03:21 ~-~-> 00:03:26 |price swing like that, and this is that 15 minute fair value gap, the high of it
37 |36 |00:03:26 ~-~-> 00:03:33 |and the low of it, and then the fair value gap and the subsequent discount
38 |37 |00:03:33 ~-~-> 00:03:37 |wick, consequent encroachment that we just looked at before we went into this
39 |38 |00:03:37 ~-~-> 00:03:43 |regular trading hours. So river trading hours, we had huge premium gap. And
40 |39 |00:03:43 ~-~-> 00:03:46 |usually when it happens, you have continuation going higher. All
41 |40 |00:03:52 ~-~-> 00:03:56 |right, here is a one minute chart. You can see the beginning of the opening
42 |41 |00:03:56 ~-~-> 00:04:04 |range start at 930 which ends at 10 o'clock here. So we had an opening bell
43 |42 |00:04:04 ~-~-> 00:04:09 |first print here. That's your opening price. It drops down, creates a short
44 |43 |00:04:09 ~-~-> 00:04:15 |term sell side liquidity pool, and the initial high is the initial buy side
45 |44 |00:04:15 ~-~-> 00:04:19 |liquidity so the market rallies up, which is what you see here in this
46 |45 |00:04:19 ~-~-> 00:04:22 |little shaded box. Watch the recording, because you can see me actually call
47 |46 |00:04:22 ~-~-> 00:04:27 |this before it happens in the live stream. So I outline this very thing
48 |47 |00:04:27 ~-~-> 00:04:30 |happening, taking up the short term high. Retail traders are going to use
49 |48 |00:04:30 ~-~-> 00:04:35 |that to be a breakout artist and buy as the market goes about this high, that's
50 |49 |00:04:35 ~-~-> 00:04:40 |a trap. So smart money will short there. So where retail is trying to buy it,
51 |50 |00:04:40 ~-~-> 00:04:44 |Smart Money sells against that. So it provides them the liquidity to sell near
52 |51 |00:04:44 ~-~-> 00:04:48 |initial height of the day there, and then attack the sell side liquidity down
53 |52 |00:04:48 ~-~-> 00:04:53 |here, which is what I walked everyone through. I mentioned in this area here
54 |53 |00:04:53 ~-~-> 00:04:58 |on the 15 second chart, which is the next one in the slide. You need to be
55 |54 |00:04:58 ~-~-> 00:05:05 |aware of these multiple. Gaps, and you can look at the model 2022 playlist to
56 |55 |00:05:05 ~-~-> 00:05:09 |familiarize yourself with that not that's going to be your model, but
57 |56 |00:05:09 ~-~-> 00:05:13 |having a well rounded, comprehensive understanding about how price books will
58 |57 |00:05:13 ~-~-> 00:05:18 |aid you and assist you in picking you fair value gaps that you're going to
59 |58 |00:05:18 ~-~-> 00:05:24 |capitalize on. The very first fair value gap on the one minute chart is this one
60 |59 |00:05:24 ~-~-> 00:05:29 |here. There's no other gaps here, so that's the first one. So that's what's
61 |60 |00:05:29 ~-~-> 00:05:35 |noted here, first fair value gap. And this is a later one, after we had the
62 |61 |00:05:35 ~-~-> 00:05:39 |market drop away from the buy stops being triggered above here. This is the
63 |62 |00:05:39 ~-~-> 00:05:45 |first return into a sell side of balance, spots on an efficiency inside
64 |63 |00:05:45 ~-~-> 00:05:50 |this gap here, targeting there and then down to this low. If you look at this
65 |64 |00:05:50 ~-~-> 00:05:55 |candlesticks low, I have this underline up here. I'm highlighting this
66 |65 |00:05:55 ~-~-> 00:06:00 |candlestick. You can see that that is the time the 9:52am September 19, 2024,
67 |66 |00:06:01 ~-~-> 00:06:08 |candlestick that low price is shown here, 19,963.25 and that's the actual
68 |67 |00:06:08 ~-~-> 00:06:16 |low, using this high to that low. So we're using a swing projection model on
69 |68 |00:06:16 ~-~-> 00:06:22 |a model 22 entry attacking the sell side. How much further can it go down to
70 |69 |00:06:23 ~-~-> 00:06:27 |the top of that? 15 minute fair value got high, but specifically to the tick,
71 |70 |00:06:27 ~-~-> 00:06:33 |because the market's algorithm was delivered from high to low perfectly to
72 |71 |00:06:33 ~-~-> 00:06:38 |the tick. And then while in the live stream, I'll be talking about how you
73 |72 |00:06:38 ~-~-> 00:06:45 |should try to look for $75 to $100 for one micro contract. So that's the
74 |73 |00:06:45 ~-~-> 00:06:50 |equivalent of 37 and a half to 50 handles in the NASDAQ, which, if you
75 |74 |00:06:50 ~-~-> 00:06:55 |consistently do that with one micro, when you get to the point where you're
76 |75 |00:06:55 ~-~-> 00:07:00 |trading one mini, that's a, you know what, 50 handles. That's $1,000 per
77 |76 |00:07:00 ~-~-> 00:07:06 |contract. So that's a pretty good day. It's better than your job right now. So
78 |77 |00:07:06 ~-~-> 00:07:09 |then we have the buy side of ml cell sign, efficiency, after creating that
79 |78 |00:07:09 ~-~-> 00:07:13 |low, rallies comes back down in accumulates in here with these wicks.
80 |79 |00:07:13 ~-~-> 00:07:16 |This wick here, consequent encroachment, you see, it comes down perfectly to the
81 |80 |00:07:16 ~-~-> 00:07:22 |tick and rallies back above. Over here, though, this gap, it trades up into
82 |81 |00:07:22 ~-~-> 00:07:27 |that. I mentioned this on the 15 second chart. It breaks lower. And notice the
83 |82 |00:07:27 ~-~-> 00:07:34 |midpoint of this bicycle, mouse cell significance. That's the very first fair
84 |83 |00:07:34 ~-~-> 00:07:40 |value got. So since we're looking for a run into mid gap, or the consequence of
85 |84 |00:07:41 ~-~-> 00:07:47 |the opening range gap first 30 minutes of the trading, because it's a 70%
86 |85 |00:07:48 ~-~-> 00:07:51 |likelihood it's going to trade to the midpoint of that gap. That means our
87 |86 |00:07:51 ~-~-> 00:07:54 |initial bias is going to be lower. It does not matter what the daily
88 |87 |00:07:54 ~-~-> 00:07:58 |candlestick is going to do. Your model is focusing on that as a built in
89 |88 |00:07:58 ~-~-> 00:08:02 |advantage. It has a built in element of time, and you're picking the very first
90 |89 |00:08:02 ~-~-> 00:08:08 |fair value gap to work with. So midpoint of that gap, after it trades down, comes
91 |90 |00:08:08 ~-~-> 00:08:13 |back up in here and then sells off and trades down into top of the 15 minute
92 |91 |00:08:13 ~-~-> 00:08:20 |fare value gap high, and using swing projections on internal range, high, the
93 |92 |00:08:20 ~-~-> 00:08:24 |low, perfect delivery to the tick. And that would be that would complete your
94 |93 |00:08:24 ~-~-> 00:08:31 |day. You wouldn't do anything else. And finally, the 15 second charge is a
95 |94 |00:08:31 ~-~-> 00:08:36 |little bit more detail. This is the gap I was mentioning. Real time. Watch the
96 |95 |00:08:36 ~-~-> 00:08:39 |live stream. You'll see me talk about it, because it's this one here. It was
97 |96 |00:08:39 ~-~-> 00:08:44 |trading up into. I said, Watch. You can just poke its head into, or stab into
98 |97 |00:08:44 ~-~-> 00:08:47 |this gap here, which is what it does there. And I said, now we want to see if
99 |98 |00:08:47 ~-~-> 00:08:53 |I want to roll over and create this shaded first fair value gap. Act as a
100 |99 |00:08:53 ~-~-> 00:08:57 |inversion fair value gap. It means it's going to trade down through it, come
101 |100 |00:08:57 ~-~-> 00:09:01 |back up. Have a difficult time getting back on the other side of the upper half
102 |101 |00:09:01 ~-~-> 00:09:06 |of it, and you can see it creates this distribution here, attacking the south
103 |102 |00:09:06 ~-~-> 00:09:11 |side. And when it's down in here, in the live stream, watch and see dad's talking
104 |103 |00:09:11 ~-~-> 00:09:18 |about how 75 to $100 is a good you know target to hit for your trading in the
105 |104 |00:09:18 ~-~-> 00:09:23 |beginning. So if you consistently make 75 to $100 a day for one micro. It
106 |105 |00:09:23 ~-~-> 00:09:27 |doesn't take very long for that to build up and consistently. If you can do it
107 |106 |00:09:27 ~-~-> 00:09:31 |for one week, then you add one more micro contract, and you continuously do
108 |107 |00:09:31 ~-~-> 00:09:36 |that, so it conditions you expecting to do the very same thing all the time, but
109 |108 |00:09:36 ~-~-> 00:09:42 |allowing the leverage to slowly build, and not using a mini where it's $20 per
110 |109 |00:09:42 ~-~-> 00:09:47 |handle in price fluctuation, this is only $2 per handle. So.