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2 |1 |00:00:40 ~-~-> 00:00:52 |ICT: Well, good morning, folks,
3 |2 |00:01:00 ~-~-> 00:01:03 |having some difficulties here with This OBS bullshit, You
4 |3 |00:03:05 ~-~-> 00:03:12 |all right, so got 20,001 zero, 3.75 mid gap,
5 |4 |00:03:21 ~-~-> 00:03:27 |not rolling out the possibility of August, 20 seconds high being revisited,
6 |5 |00:03:27 ~-~-> 00:03:36 |either today or tomorrow. We have news coming out at 10 o'clock, so we'll see
7 |6 |00:03:36 ~-~-> 00:03:37 |what we get there. I
8 |7 |00:03:51 ~-~-> 00:04:01 |i do believe I'm being throttled here somehow on YouTube, the volume when I'm
9 |8 |00:04:01 ~-~-> 00:04:07 |doing the live streams is abysmal, and I have everything on my microphone levels
10 |9 |00:04:07 ~-~-> 00:04:15 |is all the way up. So I'm not sure what the deal is, but when I Make a pre
11 |10 |00:04:15 ~-~-> 00:04:16 |recorded video, the volume is fine.
12 |11 |00:04:22 ~-~-> 00:11:06 |I I'm Trying to do very little speaking, in case you're wondering. So it's not
13 |12 |00:11:06 ~-~-> 00:11:10 |like there's no audio. I'm just tired of seeing everybody bitch about something I
14 |13 |00:11:10 ~-~-> 00:11:10 |can't control. I
15 |14 |00:14:54 ~-~-> 00:15:02 |i would like to see it sweep that 20,085 level. I. For sell side. And then we'll
16 |15 |00:15:02 ~-~-> 00:15:08 |see at 10 o'clock if they can start to send this thing towards the high of the
17 |16 |00:15:09 ~-~-> 00:15:24 |23rd I think it was, or 22nd August, 22 up here. I It doesn't need to go down
18 |17 |00:15:24 ~-~-> 00:15:30 |there. I mean, it's done enough to fulfill half the gap, but I'd rather see
19 |18 |00:15:30 ~-~-> 00:15:38 |that. That would indicate that we have majority of the gap closed. You can
20 |19 |00:15:38 ~-~-> 00:15:41 |leave the lower portion below the lower quadrant on the opening range gap
21 |20 |00:15:42 ~-~-> 00:15:47 |difference between yesterday's selling price at 4:14pm, Eastern Time to 930s
22 |21 |00:15:47 ~-~-> 00:15:53 |opening bell today. And again, you you determine that and see it by going to
23 |22 |00:15:53 ~-~-> 00:16:01 |regular trading hours. So that's this that candles close
24 |23 |00:16:07 ~-~-> 00:16:14 |to this, candles open, and I'm measuring the levels with the FIB to get the
25 |24 |00:16:14 ~-~-> 00:16:15 |quadrants. I'm
26 |25 |00:16:28 ~-~-> 00:16:31 |not trading ahead of the news, so We're just going to sit here and
27 |26 |00:16:42 ~-~-> 00:16:42 |Wait. I'm
28 |27 |00:19:28 ~-~-> 00:19:34 |alright, so they've done the run on 20,085 like I was looking for. So
29 |28 |00:19:34 ~-~-> 00:19:41 |everything's prime now for a 10 o'clock news release, they could use that as a
30 |29 |00:19:41 ~-~-> 00:19:47 |smoke screen to start sending it to the August 22 high. I'm gonna go into the 10
31 |30 |00:19:47 ~-~-> 00:19:52 |o'clock news release after the initial hit of that, and the market starts
32 |31 |00:19:52 ~-~-> 00:19:56 |moving around because of it. Give it a few minutes, and then see what we have
33 |32 |00:19:56 ~-~-> 00:20:03 |afterwards, and I'll look for signs that my. Pre expectation of what the 10
34 |33 |00:20:03 ~-~-> 00:20:09 |O'Clock News might bring us, if it's really, in fact, what's in in price.
35 |34 |00:20:09 ~-~-> 00:20:13 |Because I could be wrong, but that's what I'm looking for. So so far, we've
36 |35 |00:20:13 ~-~-> 00:20:19 |already seen it deliver nicely off of the first fair value gap between 930 and
37 |36 |00:20:19 ~-~-> 00:20:23 |10 o'clock we've seen it trade to half of the opening range gap. So a 70%
38 |37 |00:20:24 ~-~-> 00:20:30 |strike rate still holds true. There they run on 20,085 sell side that has been
39 |38 |00:20:30 ~-~-> 00:20:34 |delivered. So everything here has been made jagged. Look at The lows. So
40 |39 |00:21:36 ~-~-> 00:21:43 |now the two fair value gaps here in gray, I'd be looking for them to provide
41 |40 |00:21:43 ~-~-> 00:21:48 |inversion discount. That means, if they trade above it, they should come down
42 |41 |00:21:48 ~-~-> 00:21:54 |and support price and see if it can run to the initial high of the day where the
43 |42 |00:21:54 ~-~-> 00:21:56 |minor buy side liquidity is annotated for A Moment. I
44 |43 |00:24:21 ~-~-> 00:24:22 |got five minutes till the News. I'm
45 |44 |00:37:37 ~-~-> 00:37:41 |thisgratiated area that's Thursday's first presented fair value gap. I'm
46 |45 |00:37:41 ~-~-> 00:37:42 |going to finally remove
47 |46 |00:37:51 ~-~-> 00:37:53 |that these I'll talk about before we Close the stream out. I'm
48 |47 |00:47:20 ~-~-> 00:47:28 |I see how it's spending so much time inside the new week opening gap. This is
49 |48 |00:47:28 ~-~-> 00:47:29 |this week's new week opening gap.
50 |49 |00:47:40 ~-~-> 00:47:42 |Sell side, resting right below Here, Right
51 |50 |00:49:43 ~-~-> 00:49:48 |I'd like to see it return back to the opening range, gap low. That's here. I.
52 |51 |00:54:20 ~-~-> 00:54:33 |I see how energetic it is after going down to that 15 minute discount WIC cost
53 |52 |00:54:33 ~-~-> 00:54:41 |encroachment level since the news release, there's been a few setups that
54 |53 |00:54:41 ~-~-> 00:54:48 |I've outlined, I'm not interested in them. I'm looking for a very specific
55 |54 |00:54:48 ~-~-> 00:54:54 |setup. So while they're there's a plethora of obvious, little, tiny
56 |55 |00:54:54 ~-~-> 00:54:58 |fluctuations. I can see them, but I'm not interested in every single one
57 |56 |00:54:58 ~-~-> 00:54:59 |that's available. I.
58 |57 |00:56:20 ~-~-> 00:56:43 |I want to see that little green I Want to see this green area here stay open.
59 |58 |00:56:44 ~-~-> 00:56:47 |And right now it's presently using this fair value gap. I want to see this stay
60 |59 |00:56:47 ~-~-> 00:56:51 |open and start the mount o rally up in here. Then my focus will be back inside
61 |60 |00:56:51 ~-~-> 00:56:55 |these areas here, where I've had the initial fair value gaps drawn. I want to
62 |61 |00:56:55 ~-~-> 00:57:01 |see those be treated as inversion and make an attempt to get back up into the
63 |62 |00:57:01 ~-~-> 00:57:03 |low of the opening range gap.
64 |63 |00:57:16 ~-~-> 00:57:20 |I'm perfectly content sitting here waiting for what I want to see. It
65 |64 |00:57:20 ~-~-> 00:57:25 |doesn't come I want as cute. Got volatility, that's good. I
66 |65 |00:57:43 ~-~-> 00:57:49 |spending too much time inside that gap right here, too much time i
67 |66 |00:58:10 ~-~-> 00:58:15 |i see the importance of it. Inefficiencies. Have to stay with one or
68 |67 |00:58:15 ~-~-> 00:58:21 |two candles and leave it starts booking price and building in multiple, multiple
69 |68 |00:58:21 ~-~-> 00:58:25 |candles inside the inefficiency, it isn't going to perform like You think It
70 |69 |00:58:25 ~-~-> 00:58:25 |Will. You
71 |70 |01:11:00 ~-~-> 01:11:07 |You want to screenshot that i
72 |71 |01:11:50 ~-~-> 01:11:57 |i notice we had a low here, below here and a third low. So it's a three drives
73 |72 |01:11:57 ~-~-> 01:12:07 |pattern. It traded down into a previous session. It's Monday's London, Session
74 |73 |01:12:07 ~-~-> 01:12:07 |330, Low. You
75 |74 |01:14:54 ~-~-> 01:15:00 |returning back for a minor buy side liquidity pool and re tapping the i. New
76 |75 |01:15:00 ~-~-> 01:15:01 |week, opening gap low you
77 |76 |01:15:40 ~-~-> 01:15:50 |I Want to screenshot that I'm
78 |77 |01:16:27 ~-~-> 01:16:34 |it's normal to work the half of the new week, opening gap, the lower half here,
79 |78 |01:16:34 ~-~-> 01:16:41 |it's normal for it to go just below midpoint or At midpoint, and then come
80 |79 |01:16:41 ~-~-> 01:16:45 |down find a discount array, maybe touch and even Mohawk below the new week,
81 |80 |01:16:45 ~-~-> 01:16:51 |opening gap low and reach for the upper half. And then there's minor buy side
82 |81 |01:16:51 ~-~-> 01:16:53 |resting here, as noted earlier. So
83 |82 |01:17:00 ~-~-> 01:17:26 |I remember you're looking at a 15 second chart. So a mohawk on this is going to
84 |83 |01:17:26 ~-~-> 01:17:29 |Have a block or A candlestick Body. I'm
85 |84 |01:19:42 ~-~-> 01:19:46 |We don't want to see it spend any more time down in here. Now that it's
86 |85 |01:19:46 ~-~-> 01:19:50 |breached the midpoint, it needs to start working in the upper half and.
87 |86 |01:21:01 ~-~-> 01:21:06 |Ideally you want To see this state. Stay unfilled and it leave the new week
88 |87 |01:21:07 ~-~-> 01:21:07 |opening gap high and
89 |88 |01:21:20 ~-~-> 01:21:30 |you want to screenshot that
90 |89 |01:21:35 ~-~-> 01:21:40 |new week opening gap high is discount to the run to The minor buy side that's
91 |90 |01:21:40 ~-~-> 01:21:43 |located at 2047, and three quarters you
92 |91 |01:21:58 ~-~-> 01:22:00 |Want to screenshot that I
93 |92 |01:22:28 ~-~-> 01:22:33 |now it shouldn't, ideally, it shouldn't come back into this little area here. If
94 |93 |01:22:33 ~-~-> 01:22:36 |it does, then your interest should go to the sidelines and wait for the
95 |94 |01:22:36 ~-~-> 01:22:44 |afternoon. Otherwise, I would want to see it trade back up to the 930 opening
96 |95 |01:22:44 ~-~-> 01:22:48 |price, or which is the Opening range, gap Low I
97 |96 |01:26:20 ~-~-> 01:26:45 |You want to screenshot that and be content for today, I'm going to leave
98 |97 |01:26:45 ~-~-> 01:26:48 |the chart like this for a second, so that way you can get a screenshot of it.
99 |98 |01:26:49 ~-~-> 01:26:56 |Caleb, you're welcome to use this chart. It's a lot going on inside of it.
100 |99 |01:27:01 ~-~-> 01:27:11 |Okay, alright. So anyway, the all of the fair value gaps that I was annotating
101 |100 |01:27:11 ~-~-> 01:27:17 |initially, while we were dropping down, they were never shaded in red. They were
102 |101 |01:27:17 ~-~-> 01:27:23 |in a hue that's similar to this, meaning that I'm expecting it to be revisited
103 |102 |01:27:24 ~-~-> 01:27:29 |and treated it as a inversion. And then once we traded above it, then I had the
104 |103 |01:27:29 ~-~-> 01:27:34 |levels, obviously, in an orange hue that I would like. Down here, you can see how
105 |104 |01:27:34 ~-~-> 01:27:39 |we had this fair value gap. After hitting the cell side, we rallied,
106 |105 |01:27:40 ~-~-> 01:27:45 |created a small buy side and balance cell sign efficiency, traded down into
107 |106 |01:27:45 ~-~-> 01:27:50 |it, rallied and then inside of every one of the Fairbank gaps, I annotated, look
108 |107 |01:27:50 ~-~-> 01:27:54 |how it was accumulating. That means it's staying inside of them long enough just
109 |108 |01:27:54 ~-~-> 01:28:00 |to absorb anyone that would be trying to sell against it. So high frequency
110 |109 |01:28:00 ~-~-> 01:28:08 |trading algorithms would accumulate that for long entries again, here the
111 |110 |01:28:08 ~-~-> 01:28:17 |breaker, which is the low, highest candle, lower low than the previous
112 |111 |01:28:18 ~-~-> 01:28:25 |after sell side has been taken. We accumulate at the low end of that
113 |112 |01:28:25 ~-~-> 01:28:32 |breaker. See that accumulation in here, and then rally up. The bodies are
114 |113 |01:28:32 ~-~-> 01:28:37 |respecting the breaker. We stab down inside of it. That's normal. This is all
115 |114 |01:28:37 ~-~-> 01:28:42 |a bunch of Mohawks on a higher Time Frame chart because it's a 15 second
116 |115 |01:28:42 ~-~-> 01:28:48 |chart. So study your one minute, two minute, three minute charts. In here,
117 |116 |01:28:49 ~-~-> 01:28:53 |you'll see that they're just they're just wicking below the new week opening
118 |117 |01:28:53 ~-~-> 01:28:59 |gap low. Then we rallied up, spent a little bit of time here on two candles
119 |118 |01:28:59 ~-~-> 01:29:08 |inside of the gap here, rallies up, accumulates more lungs in here. This was
120 |119 |01:29:08 ~-~-> 01:29:12 |a one minute fair value I got. So just watch the stream again. Then it rallies
121 |120 |01:29:12 ~-~-> 01:29:16 |up. It's also the consequent encroachment of the new week opening gap
122 |121 |01:29:17 ~-~-> 01:29:22 |midpoint. And I told you it should spend time up here, it's normal, but not come
123 |122 |01:29:22 ~-~-> 01:29:28 |back down, optimal. If it stays open here, this is a breakaway gap. Well, I'm
124 |123 |01:29:28 ~-~-> 01:29:33 |sorry, a measuring gap. I'm sorry. I apologize, meaning that half of the move
125 |124 |01:29:33 ~-~-> 01:29:34 |if we take it like this, I'm
126 |125 |01:29:47 ~-~-> 01:29:53 |right there. So what I'm doing is I'm measuring a low the actual level, not
127 |126 |01:29:53 ~-~-> 01:29:57 |the wick. That's the level I was looking for the cell side to be treated, to go
128 |127 |01:29:57 ~-~-> 01:30:03 |back and watch the string. I'm. And I'm pulling the fit up to 50% of the low of
129 |128 |01:30:03 ~-~-> 01:30:11 |that gap. That gives me the the fair level to reach for because a full run on
130 |129 |01:30:11 ~-~-> 01:30:17 |that would be to this level up here. Let me put the lines on because you don't
131 |130 |01:30:17 ~-~-> 01:30:27 |see them, picking them up. There we are. So it's the low the level itself, not
132 |131 |01:30:27 ~-~-> 01:30:33 |the low of candlesticks. Drag it up, the low of the the gap. That's approximate
133 |132 |01:30:34 ~-~-> 01:30:39 |midpoints. This is a measuring gap. So this run up should draw to, if it's in a
134 |133 |01:30:39 ~-~-> 01:30:44 |perfect world, it would draw to this level up here, which is also the opening
135 |134 |01:30:44 ~-~-> 01:30:48 |range gap, lower quadrant level. So it's kind of neat how it overlaps, but it's
136 |135 |01:30:48 ~-~-> 01:30:53 |not required, because our target was the opening price at 930 which is the low of
137 |136 |01:30:53 ~-~-> 01:30:58 |the opening range gap. So this would be low hanging fruit. Objective, perfect.
138 |137 |01:30:58 ~-~-> 01:31:02 |Perfection would be these two levels agreeing which is the lower quadrant of
139 |138 |01:31:02 ~-~-> 01:31:08 |the opening range gap, and the measuring gap here. So that's just something else.
140 |139 |01:31:08 ~-~-> 01:31:12 |You can go do a Hardy Boys mystery and see if you can find that in your retail
141 |140 |01:31:12 ~-~-> 01:31:19 |books too. Alright, so I'm going to spend a couple minutes explaining the
142 |141 |01:31:19 ~-~-> 01:31:24 |the difference between two types of New Day opening gaps. Okay, there's there's
143 |142 |01:31:24 ~-~-> 01:31:30 |two of them. When I first introduced it, I mentioned how where the regular
144 |143 |01:31:30 ~-~-> 01:31:39 |trading hours close at 4:14pm, Eastern Time, where that settlement price is.
145 |144 |01:31:40 ~-~-> 01:31:43 |Then we usually don't see anything else. If you're watching river trading hours,
146 |145 |01:31:43 ~-~-> 01:31:47 |it stops. It stops. You don't see anything on your chart. You have to
147 |146 |01:31:47 ~-~-> 01:31:52 |switch over to electronic trading hours. Then it'll trade from 4:15pm eastern
148 |147 |01:31:52 ~-~-> 01:32:01 |time to 6pm Eastern Time, and I'm sorry, to 5pm eastern time, then it stops, and
149 |148 |01:32:01 ~-~-> 01:32:05 |there's a one hour pause where there's no trading at all. Then it resumes at
150 |149 |01:32:05 ~-~-> 01:32:12 |six o'clock. So you have two settlement prices. You have one at 4:14pm Eastern
151 |150 |01:32:12 ~-~-> 01:32:18 |Time, and you have one at 5pm Eastern Time. The first new day opening gap that
152 |151 |01:32:18 ~-~-> 01:32:23 |I taught you was the 5pm Eastern Time. Settlement price, to the new session
153 |152 |01:32:23 ~-~-> 01:32:28 |opening at 6pm Eastern Time, which is one hour later when I was first teaching
154 |153 |01:32:28 ~-~-> 01:32:33 |it. Go back and listen to it. I say that there's a another gap that I'll teach
155 |154 |01:32:33 ~-~-> 01:32:39 |you at a later time. That's today, when you use the 414, settlement price. There
156 |155 |01:32:39 ~-~-> 01:32:44 |is no 1645, I have a student to ask me on Twitter. That's not, that's not a
157 |156 |01:32:44 ~-~-> 01:32:48 |time for a gap, okay, that's, that's, that's completely something you're
158 |157 |01:32:48 ~-~-> 01:32:53 |making up. It has nothing to do with within algorithms doing. Okay, so I want
159 |158 |01:32:54 ~-~-> 01:32:58 |you to take a look at these levels here I have annotated over here. I
160 |159 |01:33:05 ~-~-> 01:33:08 |give me one second. I just want to see if it'll run up there and touch the
161 |160 |01:33:08 ~-~-> 01:33:13 |upper quadrant level. My obsessive compulsive is flaring. It may not. I
162 |161 |01:33:13 ~-~-> 01:33:16 |just want to give it a chance to do it. We've been together for a little while
163 |162 |01:33:16 ~-~-> 01:33:30 |today. So so there are two there are two times for my new day opening gap, okay,
164 |163 |01:33:30 ~-~-> 01:33:31 |and I'll take this out for you. I'm
165 |164 |01:34:24 ~-~-> 01:34:27 |twisted Knife, ICT, and then there is a
166 |165 |01:34:54 ~-~-> 01:35:01 |okay. They are the only these are the two new day opening gaps. The one here.
167 |166 |01:35:02 ~-~-> 01:35:09 |This is what you've been watching me use for several months now. Okay, and when I
168 |167 |01:35:09 ~-~-> 01:35:13 |first introduced it, I mentioned that you can still, you can run it off of the
169 |168 |01:35:13 ~-~-> 01:35:17 |414 but that's entirely something different. I wanted everybody to focus
170 |169 |01:35:17 ~-~-> 01:35:23 |on how price uses this one. There is no advantages over either one of them. They
171 |170 |01:35:23 ~-~-> 01:35:32 |both work. Sometimes you're going to get a day where the 6pm opening eastern time
172 |171 |01:35:32 ~-~-> 01:35:37 |when there's that hour break, sometimes the close at five o'clock Eastern time
173 |172 |01:35:38 ~-~-> 01:35:43 |is the same opening price. So the way we work with that is we simply just
174 |173 |01:35:43 ~-~-> 01:35:47 |annotate that level, because it's going to be key, but we revert back to the new
175 |174 |01:35:47 ~-~-> 01:35:51 |day opening gap, regular trading hours closed to electronic trading hours open.
176 |175 |01:35:51 ~-~-> 01:35:57 |So it's 4:14pm eastern time to 6pm Eastern time. Okay, so let me show you
177 |176 |01:35:57 ~-~-> 01:36:05 |what that looks like. These levels were based on Thursday. The reason why I kept
178 |177 |01:36:05 ~-~-> 01:36:10 |it on the chart, because I want you to think about how price was Using them on
179 |178 |01:36:10 ~-~-> 01:36:13 |Friday and on Monday and today, I
180 |179 |01:36:40 ~-~-> 01:37:07 |I just realized I'm on a 15 second chart. So give me a second. You want to
181 |180 |01:37:07 ~-~-> 01:37:15 |do these on a one minute chart. So when you're toggling your we'll come back to
182 |181 |01:37:15 ~-~-> 01:37:20 |the Mondays in a second, when you're annotating your new day opening gaps use
183 |182 |01:37:20 ~-~-> 01:37:21 |a one minute chart.
184 |183 |01:37:32 ~-~-> 01:37:38 |This purple shaded area is the September 19, 2024, New Day opening gap. This is
185 |184 |01:37:38 ~-~-> 01:37:42 |electronic trading hours closed to electronic trading hours open. So that's
186 |185 |01:37:42 ~-~-> 01:37:43 |what that is there.
187 |186 |01:37:56 ~-~-> 01:38:00 |You see the difference everything here. So this candlestick go a little bit
188 |187 |01:38:00 ~-~-> 01:38:01 |wider for that.
189 |188 |01:38:07 ~-~-> 01:38:13 |Okay, so that candlestick right there is 4:14pm do not use 415 because there is
190 |189 |01:38:13 ~-~-> 01:38:18 |no 415 it's closed. So there's no opening price because the market stops.
191 |190 |01:38:18 ~-~-> 01:38:23 |So you have to use the final print on 414, candlestick on a one minute chart.
192 |191 |01:38:23 ~-~-> 01:38:26 |That's what's annotated here, and you can see that that's what is highlighted
193 |192 |01:38:26 ~-~-> 01:38:32 |here. So I'm highlighting That's Thursday, September 19, 2024, new day,
194 |193 |01:38:32 ~-~-> 01:38:38 |opening gap, relative, I'm sorry, relative, regulatory hours, closing
195 |194 |01:38:38 ~-~-> 01:38:44 |price. That's this candlestick here, then up here, Thursday, September 19,
196 |195 |01:38:44 ~-~-> 01:38:48 |2024 new day opening gap, electronic trading hours open. That's the first
197 |196 |01:38:48 ~-~-> 01:38:52 |opening price at the six o'clock candle. See that down at the bottom of the
198 |197 |01:38:52 ~-~-> 01:39:00 |chart, down here, look down here. That's six o'clock. This is the other form of
199 |198 |01:39:00 ~-~-> 01:39:06 |my new day opening gap. The one you're used to seeing is this one where it's
200 |199 |01:39:06 ~-~-> 01:39:13 |electronic trading hours close here at the 459 candlestick, close to the open
201 |200 |01:39:13 ~-~-> 01:39:18 |at six o'clock. That's the difference. See, there's a big disparity between
202 |201 |01:39:18 ~-~-> 01:39:24 |both of them, but they're both being utilized. Watch, look how often price is
203 |202 |01:39:24 ~-~-> 01:39:31 |reacting off of it. See it here. Here we're going to focus on the lines. Not
204 |203 |01:39:31 ~-~-> 01:39:34 |don't look at the purple one. You're welcome to look at that one too. But
205 |204 |01:39:34 ~-~-> 01:39:41 |what I want you to notice is how these two levels here are used by price sweep
206 |205 |01:39:41 ~-~-> 01:39:47 |it just to go into an imbalance and a civi sells off. Beautiful delivery there
207 |206 |01:39:49 ~-~-> 01:39:53 |relative equal highs, sweep it, Turtle suit, sell side,
208 |207 |01:39:59 ~-~-> 01:40:04 |trades up into it. Sells off, builds buy side at that level, worried about these
209 |208 |01:40:04 ~-~-> 01:40:10 |relative equal highs, hammers it perfectly. Find some support here.
210 |209 |01:40:10 ~-~-> 01:40:20 |Rallies up top of the city agrees with it here, before it sells off, I'm the
211 |210 |01:40:25 ~-~-> 01:40:32 |beautiful work off of the um, the high that the body. Look at the body, how it
212 |211 |01:40:32 ~-~-> 01:40:36 |ran up here, but the body stayed underneath it. That means we're likely
213 |212 |01:40:36 ~-~-> 01:40:45 |to go lower and we'll go into Monday's trading, okay?
214 |213 |01:40:50 ~-~-> 01:40:54 |And then we have new week opening gap. So here's the opening price on Sunday
215 |214 |01:40:55 ~-~-> 01:41:00 |and the closing price here on 459, candle again, always on a one minute
216 |215 |01:41:00 ~-~-> 01:41:06 |chart. That's where you get your levels from beautiful delivery,
217 |216 |01:41:21 ~-~-> 01:41:24 |even in all the mud. Look
218 |217 |01:41:34 ~-~-> 01:41:42 |at that over here too. Crochet of the wick falls right on that level. That
219 |218 |01:41:42 ~-~-> 01:41:47 |volume imbalance here, close proximity that as well. So it comes back up,
220 |219 |01:41:47 ~-~-> 01:41:58 |redelivers into that, then sells off. Look at the top of it here, consequent
221 |220 |01:41:58 ~-~-> 01:41:59 |encroachment of it here. And
222 |221 |01:42:08 ~-~-> 01:42:08 |beautiful. And
223 |222 |01:42:16 ~-~-> 01:42:22 |then we had seek and destroy yesterday, where we were working through the low of
224 |223 |01:42:22 ~-~-> 01:42:32 |it. And this is Thursday's information. So when we have things like the close at
225 |224 |01:42:32 ~-~-> 01:42:38 |459 and then the reopen at 6pm eastern time, when that hour break takes place,
226 |225 |01:42:38 ~-~-> 01:42:42 |if the year, if there is no gap there, then you re then you revert back to
227 |226 |01:42:42 ~-~-> 01:42:46 |using the second new day opening gap that I've just shown you here, which is
228 |227 |01:42:46 ~-~-> 01:42:51 |414, settlement, price to 6pm opening okay, that that's it. There's no,
229 |228 |01:42:51 ~-~-> 01:42:56 |there's no other new day opening gaps. That's the way it is. That's what the
230 |229 |01:42:56 ~-~-> 01:43:00 |algorithm is going to refer back to, and that's what you should be sorry. That's
231 |230 |01:43:00 ~-~-> 01:43:01 |what you should be focusing on.
232 |231 |01:43:07 ~-~-> 01:43:10 |And then back to consequent encouragement, oh, the opening range
233 |232 |01:43:10 ~-~-> 01:43:19 |gap. So anyway, I went through a lot of stuff today without saying much. The
234 |233 |01:43:19 ~-~-> 01:43:24 |chart did all the talking for you, and I'm going to determine whether or not I
235 |234 |01:43:24 ~-~-> 01:43:28 |want to come back this afternoon. If I feel like doing it. I'll trade in front
236 |235 |01:43:28 ~-~-> 01:43:32 |of you in the afternoon. But if it doesn't look like it's going to behave
237 |236 |01:43:32 ~-~-> 01:43:36 |well for me, I'll let you know on my community post on the YouTube channel.
238 |237 |01:43:37 ~-~-> 01:43:40 |Hopefully you found everything that I showed you here today, insightful.
239 |238 |01:43:40 ~-~-> 01:43:43 |Hopefully you're able to follow along and watch how all the PDA race I was
240 |239 |01:43:43 ~-~-> 01:43:47 |dressing up beforehand, how they would be utilized for a market maker, buy
241 |240 |01:43:47 ~-~-> 01:43:52 |model. So until talk to you tomorrow or later on this afternoon, should I do?
242 |241 |01:43:52 ~-~-> 01:43:53 |So? Be safe. You.