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Last modified by Drunk Monkey on 2024-09-25 09:34
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2 |1 |00:00:00 ~-~-> 00:00:05 |ICT: Alright, Kayla, this is a review for your NASDAQ for Tuesday, September
3 |2 |00:00:05 ~-~-> 00:00:10 |24 2024 we'll be looking at just a one minute chart. We had a premium gap
4 |3 |00:00:10 ~-~-> 00:00:15 |opening, so we had a bias for you would have been bearish in the morning
5 |4 |00:00:15 ~-~-> 00:00:19 |session. So take a look at the chart here without any annotations. Pause the
6 |5 |00:00:19 ~-~-> 00:00:23 |video when you're done and you want to see the rest of the annotations. Unpause
7 |6 |00:00:23 ~-~-> 00:00:32 |the video. All right. So we had buy side here and sell side going into the 930
8 |7 |00:00:32 ~-~-> 00:00:36 |opening. I mentioned during the live stream. You'll notice when you watch it
9 |8 |00:00:36 ~-~-> 00:00:40 |this high I went back in compared it to this one. So this was your primary buy
10 |9 |00:00:40 ~-~-> 00:00:45 |side. So I noted that on a live stream, got a minor sell side liquidity pool
11 |10 |00:00:45 ~-~-> 00:00:50 |here, and a primary sell side liquidity pool there. We had a new day opening gap
12 |11 |00:00:51 ~-~-> 00:00:58 |here at the 20,000 zero, 72 and a quarter to 20,063 and a quarter, and
13 |12 |00:00:58 ~-~-> 00:01:06 |then the new week opening gap high at 20,040 and first present the fair value
14 |13 |00:01:06 ~-~-> 00:01:11 |gap here at 931 which is the minimum criteria for the opening range between
15 |14 |00:01:11 ~-~-> 00:01:16 |930 and 10 o'clock. So your fair value gap cannot form on the 930 candlestick.
16 |15 |00:01:16 ~-~-> 00:01:21 |So if you look at this candlestick right here, that frames the basis for that
17 |16 |00:01:21 ~-~-> 00:01:30 |city or fair value gap. That high comes in at 20,001 27.50 so your entry model
18 |17 |00:01:30 ~-~-> 00:01:34 |is one tick below that. You'll notice on this candlestick right here, it did
19 |18 |00:01:34 ~-~-> 00:01:41 |print 20,001 27.25 but you would not have gotten filled there because the
20 |19 |00:01:41 ~-~-> 00:01:46 |spread has to be fact. So it has to print 120, 7.50 to book your price at a
21 |20 |00:01:46 ~-~-> 00:01:52 |minimum. And you can see that on this candlestick here, at 20,001 2950 you
22 |21 |00:01:52 ~-~-> 00:02:00 |would have definitely been filled there at 2727 25 because 2750 did book and
23 |22 |00:02:00 ~-~-> 00:02:06 |then the market would have used the structure on this fair value gap here,
24 |23 |00:02:07 ~-~-> 00:02:13 |this candle sticks high at 140 4.25 you can see those levels over here
25 |24 |00:02:13 ~-~-> 00:02:20 |respectively. So your entry short would have been 120 7.25 stop to 20,001 44.25
26 |25 |00:02:22 ~-~-> 00:02:27 |so your risk here is 17 handles in relationship to dollar terms for one
27 |26 |00:02:27 ~-~-> 00:02:33 |mini contract that relates to $340 per Mini. For a micro, that would be $34
28 |27 |00:02:34 ~-~-> 00:02:40 |risk and the profit phase of the price run down to the high of The New Day
29 |28 |00:02:40 ~-~-> 00:02:43 |opening gap, if you're using that for your first partial order, if that was
30 |29 |00:02:43 ~-~-> 00:02:46 |your low hanging fruit Terminus. In other words, that's all you're trying to
31 |30 |00:02:46 ~-~-> 00:02:54 |do. That would take you to 20,072.25 or 55 handles, or for one mini contract,
32 |31 |00:02:54 ~-~-> 00:03:03 |the profit would be $1,100 for a better than 3.23 which is a multiple of 3.23
33 |32 |00:03:05 ~-~-> 00:03:09 |reward to risk. So for every $1 that you would have risked, you would have gained
34 |33 |00:03:09 ~-~-> 00:03:18 |$3.23 so basically, three to one. The other objective could have been using
35 |34 |00:03:18 ~-~-> 00:03:25 |the new week opening gap high down here, which would have been taking that R
36 |35 |00:03:25 ~-~-> 00:03:29 |multiple greater than five. So for every $1 that you risked, you would have made
37 |36 |00:03:29 ~-~-> 00:03:38 |$5 or a little bit more than $5 closer to 1700 plus per Mini. So the profit on
38 |37 |00:03:38 ~-~-> 00:03:43 |a micro at this level here, trading down below the sell side here and not even
39 |38 |00:03:43 ~-~-> 00:03:47 |getting to the primary notice that we don't even need to trade down to the
40 |39 |00:03:47 ~-~-> 00:03:51 |primary sell side liquidity to get first partial paying out for one mini at
41 |40 |00:03:51 ~-~-> 00:04:00 |$1,100 or for a micro $110 for $34 risk respectively. But if you were holding it
42 |41 |00:04:00 ~-~-> 00:04:11 |for another 32.25 handles, that's about $1,700 per mini contract, or $170 for a
43 |42 |00:04:11 ~-~-> 00:04:19 |micro risking again on $34 ultimately trades lower below the new week. Opening
44 |43 |00:04:19 ~-~-> 00:04:23 |gap creates a short term low trades back up to the high the new week opening gap
45 |44 |00:04:24 ~-~-> 00:04:28 |works all of the quadrants inside of the new week opening gap breaks lower,
46 |45 |00:04:28 ~-~-> 00:04:32 |creates another short term low trades back up into the city, and then dumps
47 |46 |00:04:32 ~-~-> 00:04:39 |one more time into a 15 minute old low. You probably still see it on a 60 minute
48 |47 |00:04:39 ~-~-> 00:04:44 |chart too, but that price comes in at 19,009 55.25, have we watched it happen
49 |48 |00:04:44 ~-~-> 00:04:47 |here? I mentioned during the live stream, you might want to go back and
50 |49 |00:04:47 ~-~-> 00:04:53 |listen to it. I mentioned, this is three drives lower. So it makes a low breaks
51 |50 |00:04:53 ~-~-> 00:04:56 |below it makes a low break. So low whenever you see three attempts to do
52 |51 |00:04:56 ~-~-> 00:05:00 |that into a key level where there's liquidity, like a 15. That time frame an
53 |52 |00:05:00 ~-~-> 00:05:05 |hour or four hour that's generally a good idea to anticipate some kind of
54 |53 |00:05:05 ~-~-> 00:05:09 |intermediate term retracement. Dad was watching it. It's wondering for the
55 |54 |00:05:09 ~-~-> 00:05:14 |market maker, buy model. And I framed all this out all of the fair value gaps
56 |55 |00:05:14 ~-~-> 00:05:17 |here. It's not important for you to know that, but if you want to watch that, do
57 |56 |00:05:17 ~-~-> 00:05:20 |it, just look at the live stream. You'll see how we were using it all to frame
58 |57 |00:05:20 ~-~-> 00:05:24 |all the buy side of the curve that take us back up to the Lakota I mentioned at
59 |58 |00:05:24 ~-~-> 00:05:28 |the beginning of the stream. So this was the area I was focusing on, under the
60 |59 |00:05:28 ~-~-> 00:05:32 |pretense that this was going to be a market maker buy model. So that's just
61 |60 |00:05:32 ~-~-> 00:05:39 |the just a really nice day, technically, but the opening range gap, because we
62 |61 |00:05:39 ~-~-> 00:05:45 |opened higher than where we settled yesterday, at 4:15pm that higher gap
63 |62 |00:05:45 ~-~-> 00:05:50 |sets the stage for a lower delivery and price at least to mid gap, consequent
64 |63 |00:05:50 ~-~-> 00:05:55 |encouragement. So that means that your bias in here, using the fair value gap
65 |64 |00:05:55 ~-~-> 00:05:56 |would have been bearish. So