Wiki source code of ICT YT - 2024-10-01 - ICT Mentorship 2024 - Lecture 37
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2 | |1 |00:01:50 ~-~-> 00:01:59 |ICT: Good morning, folks. How are you? If you are a subscriber to my Twitter or | ||
3 | |2 |00:01:59 ~-~-> 00:02:05 |ex, if you could give me a five by Five, let me know that the audio is good. I | ||
4 | |3 |00:02:31 ~-~-> 00:02:38 |i Thank you folks, appreciate it. All right, so we're going to be doing some | ||
5 | |4 |00:02:38 ~-~-> 00:02:44 |things today that hopefully will inspire you to be in more involved with your | ||
6 | |5 |00:02:44 ~-~-> 00:02:52 |price action study and a proper use of your demo account. Okay, so I'm going to | ||
7 | |6 |00:02:52 ~-~-> 00:02:59 |teach you a price action drill that will help you also understand how to use | ||
8 | |7 |00:02:59 ~-~-> 00:03:05 |limit orders Caleb, and for anyone else that has not ever grown comfortable | ||
9 | |8 |00:03:05 ~-~-> 00:03:12 |using a limit order for your entry there, in my opinion, they're the the | ||
10 | |9 |00:03:12 ~-~-> 00:03:19 |pinnacle of knowing what you're looking for. So having a a market order, I do | ||
11 | |10 |00:03:19 ~-~-> 00:03:26 |that market order entry mainly to satisfy, to the best of my ability, the | ||
12 | |11 |00:03:26 ~-~-> 00:03:31 |folks that would watch my recordings, like I did last night. I traded Asian | ||
13 | |12 |00:03:31 ~-~-> 00:03:38 |tests. I'll review that trade, by the way, the access the first thing I'll do | ||
14 | |13 |00:03:38 ~-~-> 00:03:41 |after I'm done this little monolog, okay, we'll go right into that, and then | ||
15 | |14 |00:03:41 ~-~-> 00:03:45 |you'll see what I do and why I do what I do on TradingView, and it all makes | ||
16 | |15 |00:03:45 ~-~-> 00:03:52 |sense in a couple minutes. But the the market order that I use to enter and | ||
17 | |16 |00:03:52 ~-~-> 00:03:56 |always add you and pyramid my position up is to showcase that I'm not using | ||
18 | |17 |00:03:56 ~-~-> 00:04:00 |Market Replay, and I'm always highlighting and hovering over top of | ||
19 | |18 |00:04:02 ~-~-> 00:04:08 |the little green button up here. And one of my students made a point about how | ||
20 | |19 |00:04:08 ~-~-> 00:04:12 |they themselves, even as a paid student, were like, You Can you remove any of the | ||
21 | |20 |00:04:12 ~-~-> 00:04:18 |doubt, because you could be using Market Replay. And I'm like, I wasn't even | ||
22 | |21 |00:04:18 ~-~-> 00:04:27 |aware that Market Replay was a thing, but I started showing the this little | ||
23 | |22 |00:04:27 ~-~-> 00:04:34 |Status button here, and I always toggle it so it tells you how much time is left | ||
24 | |23 |00:04:34 ~-~-> 00:04:37 |while the market's open. And you can't pull that up when you're using my | ||
25 | |24 |00:04:37 ~-~-> 00:04:47 |replay. So I don't generally use market orders to get in. I do that to allow for | ||
26 | |25 |00:04:47 ~-~-> 00:04:52 |my entries to be a little bit off, not as precise as they would be if you were | ||
27 | |26 |00:04:52 ~-~-> 00:04:57 |using limit orders. And we'll be looking at that today. Okay, so there's gonna be | ||
28 | |27 |00:04:57 ~-~-> 00:05:00 |a whole lot of button pushing today, buying into. Selling, buying and | ||
29 | |28 |00:05:00 ~-~-> 00:05:04 |selling, buying and selling. You know, it's, it's going to be a lot of it, and | ||
30 | |29 |00:05:04 ~-~-> 00:05:12 |it's meant to show you how I got over the fear of selling short. I had to | ||
31 | |30 |00:05:12 ~-~-> 00:05:17 |defensify, had to desensitize myself. Excuse me to getting in to a short | ||
32 | |31 |00:05:17 ~-~-> 00:05:20 |position because I didn't understand how to do it in the 90s. I was I was afraid | ||
33 | |32 |00:05:20 ~-~-> 00:05:25 |to do it didn't make any sense for me to sell something I don't own, and how can | ||
34 | |33 |00:05:25 ~-~-> 00:05:29 |I buy it back when I didn't own it and again. So it was very hard for me to | ||
35 | |34 |00:05:29 ~-~-> 00:05:38 |understand it. And what I tried to do was I tried to create a game out of it, | ||
36 | |35 |00:05:39 ~-~-> 00:05:47 |and it was something that I would do on paper, so I'd have to write down what my | ||
37 | |36 |00:05:47 ~-~-> 00:05:52 |hypothetical entry would be and where my hypothetical stop would be, and where my | ||
38 | |37 |00:05:52 ~-~-> 00:05:59 |hypothetical take profit would be when I would use end of day data back In the | ||
39 | |38 |00:05:59 ~-~-> 00:06:04 |90s, when I first started trading commodities. And I'll go through and | ||
40 | |39 |00:06:04 ~-~-> 00:06:10 |back test every example like that. So my hypothetical fill, not factoring spread, | ||
41 | |40 |00:06:10 ~-~-> 00:06:16 |obviously, I would always use the opening price of whatever candlestick I | ||
42 | |41 |00:06:16 ~-~-> 00:06:19 |was using for, like a bearish order block, I would use the opening | ||
43 | |42 |00:06:19 ~-~-> 00:06:24 |candlesticks price, and that would be where I would try to sell short at so | ||
44 | |43 |00:06:24 ~-~-> 00:06:28 |for back testing purposes, that's what I'll do now today, all of you have the | ||
45 | |44 |00:06:28 ~-~-> 00:06:34 |luxury and benefit of having more resources to trade in a practice account | ||
46 | |45 |00:06:35 ~-~-> 00:06:40 |where you have live data formulating and Creating these individual candlesticks | ||
47 | |46 |00:06:40 ~-~-> 00:06:45 |dynamically. So you're seeing something that, like people like myself in older | ||
48 | |47 |00:06:45 ~-~-> 00:06:49 |than than I am, where we were literally using paper charts that we hand drew | ||
49 | |48 |00:06:49 ~-~-> 00:06:55 |individual candlesticks like that's how we did it back then. So I'm going to | ||
50 | |49 |00:06:55 ~-~-> 00:07:01 |show you how I have taught my private mentorship students, and how I would | ||
51 | |50 |00:07:01 ~-~-> 00:07:05 |teach individual one on one. So when I used to do long, long time ago, when I | ||
52 | |51 |00:07:05 ~-~-> 00:07:11 |used to do one on ones, this is how I taught my students how to desensitize | ||
53 | |52 |00:07:11 ~-~-> 00:07:17 |themselves. Because do you ever fear getting into a trade? I mean, chances | ||
54 | |53 |00:07:17 ~-~-> 00:07:21 |are you probably had that, that feeling before, where you feel confident that | ||
55 | |54 |00:07:21 ~-~-> 00:07:25 |you know where the market's going to go. You feel confident that it's about to do | ||
56 | |55 |00:07:25 ~-~-> 00:07:30 |that move, where you think it's going to run to it, but you're just reluctant to | ||
57 | |56 |00:07:30 ~-~-> 00:07:37 |push the button. You're just afraid. And I had to overcome my fear of being short | ||
58 | |57 |00:07:37 ~-~-> 00:07:42 |now as a buyer, because it's pre vomiting what I was doing in 1992 when I | ||
59 | |58 |00:07:42 ~-~-> 00:07:47 |first started I could just go in there and just buy because I didn't care. I | ||
60 | |59 |00:07:47 ~-~-> 00:07:53 |thought that everything was going to go up based on any cares I had. So I didn't | ||
61 | |60 |00:07:53 ~-~-> 00:07:56 |have any fear whatsoever, even if I took losses and even if I blew accounts in | ||
62 | |61 |00:07:56 ~-~-> 00:08:03 |90s, it's something that was not as scary for me as it should have been, | ||
63 | |62 |00:08:04 ~-~-> 00:08:08 |because my in my desire to get out of the rat race, my desire to learn how to | ||
64 | |63 |00:08:08 ~-~-> 00:08:14 |do this consistently, was overwhelming, by contrast to the fear that I would | ||
65 | |64 |00:08:14 ~-~-> 00:08:18 |have had and at the time experienced. Because it wasn't like I wasn't afraid, | ||
66 | |65 |00:08:18 ~-~-> 00:08:25 |I was afraid, but it was so small in comparison to my driven passion to get | ||
67 | |66 |00:08:25 ~-~-> 00:08:28 |the hell out of the rat race of working because I worked a lot of hours and | ||
68 | |67 |00:08:28 ~-~-> 00:08:35 |worked six days a week, so every waking moment, every chance I had to study | ||
69 | |68 |00:08:35 ~-~-> 00:08:40 |price, to study the markets, I was pouring myself into it, but I still had | ||
70 | |69 |00:08:40 ~-~-> 00:08:45 |an under the surface fear of entering trades like that that was there. It was | ||
71 | |70 |00:08:45 ~-~-> 00:08:47 |magnified extremely, | ||
72 | |71 |00:08:49 ~-~-> 00:08:54 |almost to a degree of paralysis, when it became time for me to want to start | ||
73 | |72 |00:08:54 ~-~-> 00:08:58 |being a short seller. And I had to do that because the market was changing, | ||
74 | |73 |00:08:58 ~-~-> 00:09:03 |and it was going into bearish conditions. And every time I would try | ||
75 | |74 |00:09:03 ~-~-> 00:09:07 |to take along, it would slap me down. And if I'm only going to be a perma | ||
76 | |75 |00:09:07 ~-~-> 00:09:11 |bull, meaning I'm only going to try to be a buyer only, and never try to be | ||
77 | |76 |00:09:11 ~-~-> 00:09:15 |short selling, either, I'd have to sit on my hands a whole lot more than I was | ||
78 | |77 |00:09:15 ~-~-> 00:09:21 |willing to do, and or I'm just going to have to conside and concede and say, I'm | ||
79 | |78 |00:09:21 ~-~-> 00:09:25 |not going to be profitable and I can't trade. And that's that wasn't going to | ||
80 | |79 |00:09:25 ~-~-> 00:09:31 |be the case. So I had to go in and look for ways to do what my mentor Larry | ||
81 | |80 |00:09:31 ~-~-> 00:09:35 |Williams said he'd had to do. He just said he just took trades, just kept | ||
82 | |81 |00:09:35 ~-~-> 00:09:39 |pushing the button, and he didn't care whether he made money or not. So I was | ||
83 | |82 |00:09:39 ~-~-> 00:09:42 |like, you know, I'm going to try that. I'm gonna I'm gonna try to do that and | ||
84 | |83 |00:09:43 ~-~-> 00:09:48 |and desensitize myself. And it wasn't easy. Was very difficult to do that. But | ||
85 | |84 |00:09:48 ~-~-> 00:09:52 |you have the benefit of having a demo account and a paper trading account | ||
86 | |85 |00:09:52 ~-~-> 00:09:56 |where you can do actual executions. What I'm going to show you today, like we're | ||
87 | |86 |00:09:56 ~-~-> 00:10:01 |going to do a lot of them today. I want to remind you that. These are drills. | ||
88 | |87 |00:10:01 ~-~-> 00:10:07 |Okay, this is to number one, teach Caleb how to enter with a limit order. And | ||
89 | |88 |00:10:07 ~-~-> 00:10:09 |those of you that don't know how to use limit orders to get into the | ||
90 | |89 |00:10:09 ~-~-> 00:10:13 |marketplace, so that we can get really good pricing for your entries, for your | ||
91 | |90 |00:10:13 ~-~-> 00:10:16 |longs and your shorts, you're going to learn that today. It's a very short, | ||
92 | |91 |00:10:16 ~-~-> 00:10:21 |simple little process. But I want to remind you that what we're going to be | ||
93 | |92 |00:10:21 ~-~-> 00:10:23 |talking about and what I'm going to be pushing the to be pushing the button on | ||
94 | |93 |00:10:23 ~-~-> 00:10:28 |today. They are not meant to be viewed as trades, okay? These are not Robin | ||
95 | |94 |00:10:28 ~-~-> 00:10:32 |Robin's cup, World Cup entry type trades. These are not the entries that | ||
96 | |95 |00:10:32 ~-~-> 00:10:37 |you saw last night. These are going to be simply going in and trading off of | ||
97 | |96 |00:10:37 ~-~-> 00:10:41 |intraday volatility. You're going to see me lose trades today. Okay, it's going | ||
98 | |97 |00:10:41 ~-~-> 00:10:45 |to happen. It's not the point of making money today. It's not the point of being | ||
99 | |98 |00:10:45 ~-~-> 00:10:50 |accurate. It's the point of you seeing how to practice engaging price action. | ||
100 | |99 |00:10:50 ~-~-> 00:10:57 |And you do this every single day for weeks up to a few months. Every single | ||
101 | |100 |00:10:57 ~-~-> 00:11:01 |day you should practice it like this. I still do these types of things, even | ||
102 | |101 |00:11:01 ~-~-> 00:11:06 |though I can trade with real money and make real money, I will go into the demo | ||
103 | |102 |00:11:06 ~-~-> 00:11:09 |account and paper trade these drills. I'll do it several times a day whenever | ||
104 | |103 |00:11:09 ~-~-> 00:11:13 |I'm bored. It's like a form of meditation. I'll go in and I'll run | ||
105 | |104 |00:11:13 ~-~-> 00:11:18 |executions. I'm doing it because it keeps me fresh. It keeps me tied into | ||
106 | |105 |00:11:18 ~-~-> 00:11:22 |the marketplace. It's the first thing I do when I come back from a vacation. | ||
107 | |106 |00:11:22 ~-~-> 00:11:26 |It's the first thing I do when I come home and we've been away from the home, | ||
108 | |107 |00:11:26 ~-~-> 00:11:32 |or if I've taken a day off, or I've been sick, if I have just had a longer time | ||
109 | |108 |00:11:32 ~-~-> 00:11:38 |away from price action because of some kind of economic counter that said, you | ||
110 | |109 |00:11:38 ~-~-> 00:11:41 |know, it's just not something I want to be a part of. Typically, it's a Non Farm | ||
111 | |110 |00:11:41 ~-~-> 00:11:45 |Payroll week. I teach my students this very week. We're working in here. You | ||
112 | |111 |00:11:45 ~-~-> 00:11:50 |want to be done trading by tomorrow at 11 o'clock. So if you haven't made your | ||
113 | |112 |00:11:50 ~-~-> 00:11:54 |trades in the next futures by 11 o'clock tomorrow, my students that are brand | ||
114 | |113 |00:11:54 ~-~-> 00:11:58 |new, not they're not the mature students, not the ones that have learned | ||
115 | |114 |00:11:58 ~-~-> 00:12:02 |their model know what they're doing, the brand new students, the the people that | ||
116 | |115 |00:12:02 ~-~-> 00:12:06 |don't know their own model, that don't know their way out of a, you know, a bad | ||
117 | |116 |00:12:06 ~-~-> 00:12:10 |situation in the marketplace. They are the ones I say not to trade on this | ||
118 | |117 |00:12:10 ~-~-> 00:12:14 |week, Wednesday, Thursday and Friday. You absolutely can use my concepts to | ||
119 | |118 |00:12:14 ~-~-> 00:12:19 |trade after Non Farm Payroll. You absolutely can trade after the 830 news | ||
120 | |119 |00:12:19 ~-~-> 00:12:23 |event on Thursday, which is a preliminary adjustment on the employment | ||
121 | |120 |00:12:23 ~-~-> 00:12:27 |data from the previous month. Those two days, Thursday and Friday. I'm not from | ||
122 | |121 |00:12:27 ~-~-> 00:12:32 |payroll. They're very manipulated. But if you know what you're looking for, and | ||
123 | |122 |00:12:32 ~-~-> 00:12:36 |you're well versed and you're mature, you've not just recently started | ||
124 | |123 |00:12:36 ~-~-> 00:12:41 |watching my videos, then yeah, you can trade those days. But when I talk, I | ||
125 | |124 |00:12:41 ~-~-> 00:12:46 |take this idea of you can hear my puppy snoring again. Hang on one second, | ||
126 | |125 |00:12:46 ~-~-> 00:12:56 |because it scales. Getting really loud game. Hold on one sec. Little lumberjack | ||
127 | |126 |00:12:56 ~-~-> 00:12:57 |Here, hold on One sec. | ||
128 | |127 |00:13:02 ~-~-> 00:14:09 |You Sorry about that. Had to grab my glass of OJ, I forgot that I was on one | ||
129 | |128 |00:14:09 ~-~-> 00:14:17 |counter, so we know how. We'll have to get up to get that later on. So these, | ||
130 | |129 |00:14:17 ~-~-> 00:14:23 |these drills today. Okay, I'm going to type it out on the screen very | ||
131 | |130 |00:14:23 ~-~-> 00:14:27 |obnoxiously in bold, because I absolutely know that trolls are going to | ||
132 | |131 |00:14:27 ~-~-> 00:14:32 |take these portions of the video and they're going to say, see, ICT can't | ||
133 | |132 |00:14:32 ~-~-> 00:14:36 |trade. C ICT can't find a winning trade. C ICT can't do this. And they're going | ||
134 | |133 |00:14:36 ~-~-> 00:14:44 |to take it out of context, okay? I want you to understand the purpose and the | ||
135 | |134 |00:14:44 ~-~-> 00:14:51 |premise of today's live stream. It is to teach how you can overcome fear of | ||
136 | |135 |00:14:51 ~-~-> 00:14:58 |entering into a trade. If you do this drill every single day, 1520 times at | ||
137 | |136 |00:14:58 ~-~-> 00:15:03 |minimum, 10 times at. Day. Okay? And you'll see by using smaller time frames, | ||
138 | |137 |00:15:03 ~-~-> 00:15:07 |it's very easy to do it. You don't need a whole lot of time invested. I did the | ||
139 | |138 |00:15:07 ~-~-> 00:15:13 |drill with my students the other day for like, an hour or so, and I did 10 of | ||
140 | |139 |00:15:13 ~-~-> 00:15:17 |them. And I didn't know, let's be honest, I did nine of them. I had to | ||
141 | |140 |00:15:17 ~-~-> 00:15:21 |come back later on. At the end, when I said I was finishing the session, I | ||
142 | |141 |00:15:21 ~-~-> 00:15:26 |wanted to round up to even 10, so I did one more exercise of it. But I would, I | ||
143 | |142 |00:15:26 ~-~-> 00:15:30 |would enter a trade. I would show them where I was in the trade, where my limit | ||
144 | |143 |00:15:30 ~-~-> 00:15:34 |order would be to take a profit, and where my stock also be. And I did not | ||
145 | |144 |00:15:34 ~-~-> 00:15:40 |care, absolutely. Did not care about any predetermined bias. I was literally | ||
146 | |145 |00:15:40 ~-~-> 00:15:47 |working with the intraday volatility in Asia of all sessions. It's not even that | ||
147 | |146 |00:15:47 ~-~-> 00:15:51 |that you know that that typically is a session that's volatile. But when I do | ||
148 | |147 |00:15:51 ~-~-> 00:15:55 |the trade review that I did for last night's example, on Twitter, I'll | ||
149 | |148 |00:15:55 ~-~-> 00:15:59 |explain why and how you can start looking for Asian session moves, because | ||
150 | |149 |00:15:59 ~-~-> 00:16:03 |I'm sure that's probably come up in your mind, like, how do I know when these | ||
151 | |150 |00:16:03 ~-~-> 00:16:07 |sessions are going to have these, these types of runs, and when do I try to | ||
152 | |151 |00:16:07 ~-~-> 00:16:11 |avoid them predominantly? I'll cover that today. So I could have added that | ||
153 | |152 |00:16:11 ~-~-> 00:16:14 |to the title, but I'm not sure if the title would have fit if I would have | ||
154 | |153 |00:16:14 ~-~-> 00:16:19 |said everything I had in the label, you know, entitling it, saying limit orders | ||
155 | |154 |00:16:19 ~-~-> 00:16:25 |and volatility, Pinball drills and how to trade Asian session. It's just a it's | ||
156 | |155 |00:16:25 ~-~-> 00:16:31 |a long winded title, so I think the title is enough to intrigue people that | ||
157 | |156 |00:16:31 ~-~-> 00:16:35 |want to click and listen to it. They're probably not liking this big, long | ||
158 | |157 |00:16:35 ~-~-> 00:16:39 |monolog, but that's just the way I roll. And if you don't like it and you can't | ||
159 | |158 |00:16:39 ~-~-> 00:16:41 |sit through that kind of stuff, I'm probably not going to be the right | ||
160 | |159 |00:16:41 ~-~-> 00:16:45 |mentor for you, but go, lose somebody else's use somebody else's mental | ||
161 | |160 |00:16:45 ~-~-> 00:16:48 |methods and stuff, lose money and then come back, and you'll be more prepared | ||
162 | |161 |00:16:49 ~-~-> 00:16:55 |to listen. So as a reminder, you're encouraged if you're watching it live. | ||
163 | |162 |00:16:55 ~-~-> 00:16:59 |Okay, because it's going to be interactive. It's going to be a | ||
164 | |163 |00:16:59 ~-~-> 00:17:05 |interactive study where you're going to feel what it feels like to be in | ||
165 | |164 |00:17:05 ~-~-> 00:17:09 |constant buying and selling, constant buying and selling and executing with | ||
166 | |165 |00:17:09 ~-~-> 00:17:17 |limit orders, placing limit orders as an exit and you're not using a market | ||
167 | |166 |00:17:17 ~-~-> 00:17:21 |order. You're not allowed to use a market order. You're not allowed to save | ||
168 | |167 |00:17:21 ~-~-> 00:17:25 |the stop loss as soon as we put it on, it has to get stopped out, or it has to | ||
169 | |168 |00:17:25 ~-~-> 00:17:29 |go to the limit. So one of those orders have to happen, and what you're going to | ||
170 | |169 |00:17:29 ~-~-> 00:17:34 |be doing is you're going to record and journal what it feels like for you, | ||
171 | |170 |00:17:34 ~-~-> 00:17:42 |watching price either pan out to the target or getting stopped out. It's | ||
172 | |171 |00:17:42 ~-~-> 00:17:46 |really important for you to write down what you feel now I'm going to tell you | ||
173 | |172 |00:17:46 ~-~-> 00:17:50 |right off top of the list. What's going to happen is it's going to feel weird | ||
174 | |173 |00:17:51 ~-~-> 00:17:57 |that I'm putting these, these trades on with no real logic except for where's | ||
175 | |174 |00:17:57 ~-~-> 00:18:01 |the closest buy side and sell something on a very small time frame. That's all | ||
176 | |175 |00:18:01 ~-~-> 00:18:05 |this is. This is not a trading method. One of my students and one of the user | ||
177 | |176 |00:18:05 ~-~-> 00:18:09 |groups was like, Can we turn this into a trading model? Because I made, like, | ||
178 | |177 |00:18:09 ~-~-> 00:18:14 |3030, $100 $4,000 you know, back and forth, back and forth, and I showed | ||
179 | |178 |00:18:14 ~-~-> 00:18:21 |losing trades too. So I want you to think about how, if you can look for | ||
180 | |179 |00:18:21 ~-~-> 00:18:32 |small, tiny, little, micro structure, liquidity pools, and you have just small | ||
181 | |180 |00:18:32 ~-~-> 00:18:36 |risk involved. You're only going to be using one contract. You're not allowed | ||
182 | |181 |00:18:36 ~-~-> 00:18:40 |to use two. You're not allowed, you're not allowed to be pyramiding. This is | ||
183 | |182 |00:18:40 ~-~-> 00:18:43 |not what this is about. I'm going to teach my son pyramiding in his | ||
184 | |183 |00:18:43 ~-~-> 00:18:47 |mentorship, so that way he has the lessons. And you all, you also have the | ||
185 | |184 |00:18:47 ~-~-> 00:18:54 |lessons. Okay, but for this purpose today, we will only be seeing ICT do one | ||
186 | |185 |00:18:54 ~-~-> 00:19:00 |contract. I will be buying and I will be going short, and we will do this for a | ||
187 | |186 |00:19:00 ~-~-> 00:19:04 |length of time, until either I get bored with it or I've accomplished the method, | ||
188 | |187 |00:19:05 ~-~-> 00:19:10 |which means that I'm gonna have to at least do 10 of them. So we're gonna | ||
189 | |188 |00:19:10 ~-~-> 00:19:14 |spend some time today looking at intraday volatility. I am not trying to | ||
190 | |189 |00:19:14 ~-~-> 00:19:18 |frame a bias. I am not trying to go into the charts and say, here's what I think | ||
191 | |190 |00:19:18 ~-~-> 00:19:21 |the draw on liquidity is on the hourly chart, the the daily chart, the weekly | ||
192 | |191 |00:19:21 ~-~-> 00:19:24 |chart, we're not, we're not going to refer to that with the drills. Okay, | ||
193 | |192 |00:19:24 ~-~-> 00:19:29 |it's literally going to be a 15 second chart with a one minute and five minute | ||
194 | |193 |00:19:29 ~-~-> 00:19:34 |basis. Okay, so when it's something that I can use on a five minute chart, I will | ||
195 | |194 |00:19:34 ~-~-> 00:19:39 |show it to you, but predominantly I'm going to use a one minute chart. It is | ||
196 | |195 |00:19:39 ~-~-> 00:19:43 |not underscore. It is not. And when you see people go out there making YouTube | ||
197 | |196 |00:19:43 ~-~-> 00:19:47 |videos, okay, or they're showing on social media that this is a model for | ||
198 | |197 |00:19:47 ~-~-> 00:19:52 |trading, this is ICTs enigma. It's not Enigma, okay? It is absolutely not | ||
199 | |198 |00:19:52 ~-~-> 00:19:56 |enigma. My private mentorship students were asking if this was Enigma, no. | ||
200 | |199 |00:19:56 ~-~-> 00:20:02 |Enigma doesn't lose like this. Okay, this is a. Ill. This is to accomplish | ||
201 | |200 |00:20:02 ~-~-> 00:20:10 |getting over the fear of executing and entering it's to give you a baseline | ||
202 | |201 |00:20:10 ~-~-> 00:20:16 |evaluation and foundational read on you internally. What are you feeling when | ||
203 | |202 |00:20:16 ~-~-> 00:20:21 |you're in these types of executions? Are you emphasizing the need to be right | ||
204 | |203 |00:20:21 ~-~-> 00:20:27 |because that's a problem. Are you emphasizing the desire inside to close | ||
205 | |204 |00:20:27 ~-~-> 00:20:31 |the trade because you don't want to get stopped out, because that means you're | ||
206 | |205 |00:20:31 ~-~-> 00:20:38 |wanting to be right? Are you fearful of having losing trades more than a winning | ||
207 | |206 |00:20:38 ~-~-> 00:20:43 |trade, but still being net positive? That's a problem. So all these things | ||
208 | |207 |00:20:43 ~-~-> 00:20:48 |going to help give you a baseline evaluation on how you think, but it's | ||
209 | |208 |00:20:48 ~-~-> 00:20:53 |also going to train you how to use limit orders properly, because there's no more | ||
210 | |209 |00:20:53 ~-~-> 00:20:57 |market orders. Market orders are just for me to prove that there's no Market | ||
211 | |210 |00:20:57 ~-~-> 00:21:02 |Replay being used, because the in the upper left hand corner. When you use a | ||
212 | |211 |00:21:02 ~-~-> 00:21:06 |market replay, you don't see the buying selling buttons up there. They put them | ||
213 | |212 |00:21:06 ~-~-> 00:21:08 |down here in the lower left hand I'm sorry, lower right hand corner down | ||
214 | |213 |00:21:09 ~-~-> 00:21:15 |here. I don't have the luxury of doing that with live data. I have to use the | ||
215 | |214 |00:21:15 ~-~-> 00:21:21 |entry buttons up here, and that's why I do that. But when I'm trading with real | ||
216 | |215 |00:21:21 ~-~-> 00:21:26 |money, I'm trading with limit orders. The only time, and this is, this is I | ||
217 | |216 |00:21:26 ~-~-> 00:21:32 |got this from my mentor, the only time you have my permission to use a market | ||
218 | |217 |00:21:32 ~-~-> 00:21:38 |order is to get out of a trade that you absolutely know you're offside on or | ||
219 | |218 |00:21:38 ~-~-> 00:21:41 |it's about to turn on, you just completely close it and do market order | ||
220 | |219 |00:21:41 ~-~-> 00:21:46 |like that, done simple, because if you don't know what you're doing, it's going | ||
221 | |220 |00:21:46 ~-~-> 00:21:50 |to be illustrated with you constantly just using market orders. And if you | ||
222 | |221 |00:21:50 ~-~-> 00:21:54 |don't know what you're doing, you're going to be trading without a stop loss. | ||
223 | |222 |00:21:54 ~-~-> 00:22:00 |So hopefully, after today, you will not be fearful of showing your examples | ||
224 | |223 |00:22:01 ~-~-> 00:22:05 |without a stop loss, where your trade's still running and it has open profit. | ||
225 | |224 |00:22:05 ~-~-> 00:22:08 |And you want to show everybody that, because you want to do mean hit stop | ||
226 | |225 |00:22:08 ~-~-> 00:22:12 |doing that, because you actually treat your teaching and training your body and | ||
227 | |226 |00:22:12 ~-~-> 00:22:18 |mind to anticipate some public react, reaction and response to support you. I | ||
228 | |227 |00:22:18 ~-~-> 00:22:22 |share these examples like I did last night, because, number one, I think that | ||
229 | |228 |00:22:22 ~-~-> 00:22:28 |it's helpful to see the logic that I have, also introducing something that's | ||
230 | |229 |00:22:28 ~-~-> 00:22:31 |a little bit more advanced. And like I said, I'll cover it. I'll actually teach | ||
231 | |230 |00:22:31 ~-~-> 00:22:37 |you what the Indigo entry method is, but it's, it's a slap in the face to supply | ||
232 | |231 |00:22:37 ~-~-> 00:22:42 |and demand, so it really what it is. And the idea of you getting into a trade, | ||
233 | |232 |00:22:43 ~-~-> 00:22:48 |how you overcome that fear. I'm teaching you how I did it. Nobody taught it to | ||
234 | |233 |00:22:48 ~-~-> 00:22:54 |me. I didn't learn it in a book. I was just passionate about getting over | ||
235 | |234 |00:22:54 ~-~-> 00:22:58 |because I was I was tired of being afraid of it. I wanted to do it. I knew | ||
236 | |235 |00:22:58 ~-~-> 00:23:02 |I had to learn how to be a short seller, and this was my method of accomplishing | ||
237 | |236 |00:23:02 ~-~-> 00:23:06 |getting over that fear. Maybe you don't have the fear of getting into a trade, | ||
238 | |237 |00:23:06 ~-~-> 00:23:09 |maybe just you don't. You don't have that fear. And that's great. If you | ||
239 | |238 |00:23:09 ~-~-> 00:23:13 |don't, that's wonderful. But eventually, if you start trading with size, that | ||
240 | |239 |00:23:14 ~-~-> 00:23:17 |means you're trading with, you know, more contracts behind the position, or | ||
241 | |240 |00:23:17 ~-~-> 00:23:21 |lots if you're trading Forex, you're going to have that fear come in. It's | ||
242 | |241 |00:23:21 ~-~-> 00:23:24 |going to happen at some point. You're going to hit a threshold where, okay, | ||
243 | |242 |00:23:24 ~-~-> 00:23:28 |yeah, I could do one contract. Yeah, I could do five. I can do 10. Wait a | ||
244 | |243 |00:23:28 ~-~-> 00:23:32 |minute, 20. You said, Wait 50 contracts. You said, I don't know about that. Now, | ||
245 | |244 |00:23:32 ~-~-> 00:23:37 |it's that's a little scary. You'll eventually hit that, that barrier where | ||
246 | |245 |00:23:37 ~-~-> 00:23:38 |you're afraid, | ||
247 | |246 |00:23:40 ~-~-> 00:23:43 |but what you'll have to do is lean on your experience. Well, some of you that | ||
248 | |247 |00:23:43 ~-~-> 00:23:46 |are brand new, you don't have any experience to lean on, except for just | ||
249 | |248 |00:23:46 ~-~-> 00:23:50 |clicking a button on the demo account with no understanding of what you expect | ||
250 | |249 |00:23:50 ~-~-> 00:23:53 |to see. You just want to find out what happens when you do it. That's a waste | ||
251 | |250 |00:23:53 ~-~-> 00:23:56 |of a demo. That's a waste of your time. You're actually giving yourself bad | ||
252 | |251 |00:23:56 ~-~-> 00:24:01 |habits, toxic thinking, and you're anchoring the expectation to the result | ||
253 | |252 |00:24:01 ~-~-> 00:24:05 |of the trade, versus Am I following a process? Am I following a methodology, a | ||
254 | |253 |00:24:05 ~-~-> 00:24:11 |model? Am I doing something that with probabilities and statistical results | ||
255 | |254 |00:24:11 ~-~-> 00:24:17 |that I can measure in the past, that's back testing? Am I following something | ||
256 | |255 |00:24:17 ~-~-> 00:24:23 |that can trust in regards to sticking to this and then trusting that the outcome | ||
257 | |256 |00:24:23 ~-~-> 00:24:27 |will be favorable for for me over a period of time, not just the next trade. | ||
258 | |257 |00:24:27 ~-~-> 00:24:30 |So it's important that you understand, when we start doing these drills, when | ||
259 | |258 |00:24:30 ~-~-> 00:24:33 |you're watching me do this, it you're encouraged to do the same thing. Now, | ||
260 | |259 |00:24:33 ~-~-> 00:24:36 |Jack legs out here are going to be trying to do the opposite, and they're | ||
261 | |260 |00:24:36 ~-~-> 00:24:39 |going to say, see, this is the trade ICT was taking, and this is what I was | ||
262 | |261 |00:24:39 ~-~-> 00:24:44 |doing, the opposite. We're doing nothing about a competition today, that | ||
263 | |262 |00:24:44 ~-~-> 00:24:48 |invitation is still open. But that's not what this is today. Today is just | ||
264 | |263 |00:24:48 ~-~-> 00:24:53 |teaching my son how to get in with multiple executions. And then it also | ||
265 | |264 |00:24:53 ~-~-> 00:24:58 |helps you read price action. And if you journal every single session, you do | ||
266 | |265 |00:24:58 ~-~-> 00:25:07 |like this, like in. In your in your progress of journaling, my advice is for | ||
267 | |266 |00:25:07 ~-~-> 00:25:11 |you to have either a three ring binder, if you want to be like me, which is high | ||
268 | |267 |00:25:11 ~-~-> 00:25:15 |touch over high tech or in your high tech devices, where you're you're | ||
269 | |268 |00:25:15 ~-~-> 00:25:21 |journaling, have a section for price action drills where you're literally | ||
270 | |269 |00:25:21 ~-~-> 00:25:25 |going in and doing what I'm going to show you today, and then what you'll do | ||
271 | |270 |00:25:25 ~-~-> 00:25:32 |is you'll have a first day of doing it baseline. Now you can't take that today | ||
272 | |271 |00:25:32 ~-~-> 00:25:35 |as your experience for you, because you're basically you're encouraged to | ||
273 | |272 |00:25:35 ~-~-> 00:25:40 |mimic what I'm doing today. So you already know that this is not a trade | ||
274 | |273 |00:25:40 ~-~-> 00:25:44 |signal, because I never tell you to take a trade. I don't ever want anybody | ||
275 | |274 |00:25:44 ~-~-> 00:25:48 |copying me, because it gets under my skin, like I don't want someone be able | ||
276 | |275 |00:25:48 ~-~-> 00:25:50 |to say that they took the same trade. And when I see people say, Oh, you took | ||
277 | |276 |00:25:50 ~-~-> 00:25:53 |the same trade as I did, or I took the same trade as you did, and you didn't | ||
278 | |277 |00:25:53 ~-~-> 00:25:56 |show me your execution. You don't see you don't see your executions, and you | ||
279 | |278 |00:25:56 ~-~-> 00:25:59 |can't proven that you need Market Replay. I'm not going to like your post. | ||
280 | |279 |00:25:59 ~-~-> 00:26:03 |I'm not going to hard it. I'm not going to comment on it because I don't it | ||
281 | |280 |00:26:03 ~-~-> 00:26:06 |because I don't believe it, and nobody else should believe it either. So | ||
282 | |281 |00:26:06 ~-~-> 00:26:09 |because I'm I'm very guarded with my executions, because there's nobody out | ||
283 | |282 |00:26:09 ~-~-> 00:26:12 |there doing them like mine. I have students that can trade well with my | ||
284 | |283 |00:26:12 ~-~-> 00:26:15 |concepts, but they're not going to have my executions. They're not going to have | ||
285 | |284 |00:26:16 ~-~-> 00:26:21 |it. So today you are encouraged. You're absolutely encouraged to mimic | ||
286 | |285 |00:26:21 ~-~-> 00:26:24 |everything I'm doing, I'm going to walk you through it, so that way you'll be | ||
287 | |286 |00:26:24 ~-~-> 00:26:29 |able to put your limit order in before price gets to mine. So it's not going to | ||
288 | |287 |00:26:29 ~-~-> 00:26:33 |be like you watch mine get filled in a delay in the live stream, then you can't | ||
289 | |288 |00:26:33 ~-~-> 00:26:37 |catch up or keep up with it. You're going to have plenty of time to do | ||
290 | |289 |00:26:37 ~-~-> 00:26:43 |everything I'm willing to do in front of you today. Okay, my goal is not to win | ||
291 | |290 |00:26:43 ~-~-> 00:26:48 |more than I lose. That's not this. That's not what the the procedure is not | ||
292 | |291 |00:26:48 ~-~-> 00:26:52 |based around that. Okay, before we're done in 2024 mentorship, before the end | ||
293 | |292 |00:26:52 ~-~-> 00:26:57 |of this month, you will see me trading live. It'll happen in front of you, and | ||
294 | |293 |00:26:57 ~-~-> 00:27:02 |it'll be with the context. But before Caleb can do that, and before we even | ||
295 | |294 |00:27:02 ~-~-> 00:27:07 |get to that point, I want to at least bridge the gap between not knowing how | ||
296 | |295 |00:27:07 ~-~-> 00:27:12 |to use the limit orders, and it's what he has now, and also how he should | ||
297 | |296 |00:27:12 ~-~-> 00:27:15 |practice. And because you're all eavesdropping and listening, you know, | ||
298 | |297 |00:27:15 ~-~-> 00:27:19 |watching training with him at the same time, you're getting the experience just | ||
299 | |298 |00:27:19 ~-~-> 00:27:23 |like he is. And sometimes, if you're here live, he watches the video after | ||
300 | |299 |00:27:23 ~-~-> 00:27:26 |the fact, and you have the benefit of being here live, so you actually have a | ||
301 | |300 |00:27:26 ~-~-> 00:27:31 |little bit more advantageous position than he does, because he works and his | ||
302 | |301 |00:27:31 ~-~-> 00:27:35 |schedule doesn't afford him to always be watching the stream live or sitting next | ||
303 | |302 |00:27:35 ~-~-> 00:27:42 |to me. So hopefully I beat that you know to death enough to know that when I type | ||
304 | |303 |00:27:42 ~-~-> 00:27:46 |it on the screen, these are not live trades. These are not something to be | ||
305 | |304 |00:27:46 ~-~-> 00:27:50 |profitable on. It's simply to desensitize yourself, desensitize | ||
306 | |305 |00:27:50 ~-~-> 00:27:55 |yourself from the outcome of the trade and just keep doing the entry mechanism. | ||
307 | |306 |00:27:55 ~-~-> 00:28:00 |That's all it is. It's to practice that. But when you start journaling and you | ||
308 | |307 |00:28:00 ~-~-> 00:28:06 |log them every single day. At the end of the weekend, you should look at what | ||
309 | |308 |00:28:06 ~-~-> 00:28:09 |you're doing in your practice sessions, and what's going to happen is your eye | ||
310 | |309 |00:28:09 ~-~-> 00:28:15 |is going to start jumping to setups that you keep seeing repeat doing this drill. | ||
311 | |310 |00:28:15 ~-~-> 00:28:20 |And what will happen is you're going to see setups that you've never noticed | ||
312 | |311 |00:28:20 ~-~-> 00:28:28 |before, because you have either got stopped out in this drill exercise, and | ||
313 | |312 |00:28:28 ~-~-> 00:28:32 |you watched it pan out in the opposite and then it illuminates that idea. Wait | ||
314 | |313 |00:28:32 ~-~-> 00:28:40 |a minute, I see that. And then what you'll do is in by like a default, your | ||
315 | |314 |00:28:40 ~-~-> 00:28:45 |your subconscious will jump to this. Looks like the last time I saw that. So | ||
316 | |315 |00:28:45 ~-~-> 00:28:49 |now I'm going to do the drill, going short, not go long, and then what will | ||
317 | |316 |00:28:49 ~-~-> 00:28:52 |happen is you will start seeing a progress where, in the beginning, you're | ||
318 | |317 |00:28:52 ~-~-> 00:28:56 |probably going to have a whole lot of red losing executions. And it's not to | ||
319 | |318 |00:28:56 ~-~-> 00:28:59 |hurt your feelings, it's not to make you feel bad. I'm certainly not going to be | ||
320 | |319 |00:28:59 ~-~-> 00:29:03 |embarrassed today if I have losing trades, that's not that's not the point. | ||
321 | |320 |00:29:03 ~-~-> 00:29:07 |The point is you're getting experience pressing the button, and you're giving | ||
322 | |321 |00:29:07 ~-~-> 00:29:12 |yourself a baseline evaluation, but you can't take today's data as yours. That's | ||
323 | |322 |00:29:12 ~-~-> 00:29:16 |you just copying me, and I'm going to have losing executions in this so you | ||
324 | |323 |00:29:16 ~-~-> 00:29:19 |can't look at that and say I did something wrong, and you can't look at | ||
325 | |324 |00:29:19 ~-~-> 00:29:24 |the ones that do right and say I did something right speaking of yourself. So | ||
326 | |325 |00:29:24 ~-~-> 00:29:29 |it's me doing it, but I'm asking you as the viewer to do the same thing I'm | ||
327 | |326 |00:29:29 ~-~-> 00:29:33 |doing, but you are to write down what you're feeling when it happens. Are you | ||
328 | |327 |00:29:33 ~-~-> 00:29:37 |embarrassed for ICT the mentor when it gets stopped out? Are you encouraged | ||
329 | |328 |00:29:37 ~-~-> 00:29:40 |when it works in your favor? Are you trying to make it out to be more than it | ||
330 | |329 |00:29:40 ~-~-> 00:29:44 |really is? Are you trying to think that this is some kind of a new model that | ||
331 | |330 |00:29:44 ~-~-> 00:29:49 |I'm leaking? No, this is not a subliminal signal service either. Okay, | ||
332 | |331 |00:29:49 ~-~-> 00:29:53 |all it is, is this an exercise in a drill that I encourage all my students | ||
333 | |332 |00:29:54 ~-~-> 00:29:58 |to do this every single day. If you can do it multiple times, like if you can do | ||
334 | |333 |00:29:58 ~-~-> 00:30:03 |it in the London session, you. The New York session, the lunch hour and the pm | ||
335 | |334 |00:30:03 ~-~-> 00:30:10 |session. Do it you you have no excuse why you should not be practicing every | ||
336 | |335 |00:30:10 ~-~-> 00:30:12 |single day. You should always practice. I've been doing this for a long time, | ||
337 | |336 |00:30:12 ~-~-> 00:30:17 |and I still practice. I absolutely still practice Tiger Woods, still. He still | ||
338 | |337 |00:30:17 ~-~-> 00:30:22 |goes out there and he practices his drives and his putts. I mean, think | ||
339 | |338 |00:30:22 ~-~-> 00:30:29 |about it. You gotta, you gotta keep the skill fresh and in price action. It's no | ||
340 | |339 |00:30:29 ~-~-> 00:30:34 |different. So it constantly keeps you tied into the marketplace. So I'll give | ||
341 | |340 |00:30:34 ~-~-> 00:30:39 |you enough monolog. Let's get into it now. The uh, | ||
342 | |341 |00:30:45 ~-~-> 00:30:49 |the daily chart here. It has a lot of annotations. I apologize, but you know, | ||
343 | |342 |00:30:49 ~-~-> 00:30:58 |we'll get to it yesterday. During the live stream, I talked about how on the | ||
344 | |343 |00:30:58 ~-~-> 00:31:04 |weekly chart, and this was a potential draw that opened up the week for me as a | ||
345 | |344 |00:31:04 ~-~-> 00:31:09 |initial bias, where I wanted to aim for something in that direction. And I also | ||
346 | |345 |00:31:09 ~-~-> 00:31:13 |mentioned there was a small separation between the body of this candlestick. | ||
347 | |346 |00:31:14 ~-~-> 00:31:19 |Let me take these drawings off just for a second. Again, I apologize and again. | ||
348 | |347 |00:31:19 ~-~-> 00:31:26 |This is a daily chart for NASDAQ, December delivery 2024 daily, and this | ||
349 | |348 |00:31:26 ~-~-> 00:31:32 |candlesticks body to this candlesticks body, that separation between the open | ||
350 | |349 |00:31:32 ~-~-> 00:31:35 |of this candle and the close of that candle, that is by definition of volume | ||
351 | |350 |00:31:35 ~-~-> 00:31:41 |and balance if and this is something I had to come Back and retouch on today | ||
352 | |351 |00:31:41 ~-~-> 00:31:46 |because I didn't like my description of this, because it wasn't sufficient. More | ||
353 | |352 |00:31:46 ~-~-> 00:31:50 |accurately, is when we have a volume imbalance like this, and then the candle | ||
354 | |353 |00:31:50 ~-~-> 00:31:55 |that creates the the first candle that makes the volume imbalance like we have | ||
355 | |354 |00:31:55 ~-~-> 00:31:59 |here this week, candle one is candle two. If candle one has a volume | ||
356 | |355 |00:31:59 ~-~-> 00:32:05 |imbalance to the left of it, like it does here, and the body is inside of | ||
357 | |356 |00:32:06 ~-~-> 00:32:11 |this candle. In this candle body, as we see here. In other words, this candles | ||
358 | |357 |00:32:11 ~-~-> 00:32:17 |open. This candle is closed. The candle in the middle, its body is inside those | ||
359 | |358 |00:32:17 ~-~-> 00:32:23 |two price points, okay. This is a very specific PD array. I'm not going to tell | ||
360 | |359 |00:32:23 ~-~-> 00:32:26 |you its name, because everybody's going to go out there and start making books | ||
361 | |360 |00:32:26 ~-~-> 00:32:28 |about it, but I'm going to teach you something else about this very | ||
362 | |361 |00:32:28 ~-~-> 00:32:33 |particular PD array in a book, you don't need to buy my you don't you don't need | ||
363 | |362 |00:32:33 ~-~-> 00:32:38 |to buy my books. Okay, once the books are in print and they're in circulation, | ||
364 | |363 |00:32:38 ~-~-> 00:32:42 |and people can have it has ISBN number attached to it. I will talk about those | ||
365 | |364 |00:32:42 ~-~-> 00:32:47 |things on my YouTube channel. So again, this is not a it's not a pitch to buy my | ||
366 | |365 |00:32:47 ~-~-> 00:32:51 |books. I'm not going to get rich buying by you buying my books. I'm only doing | ||
367 | |366 |00:32:51 ~-~-> 00:32:55 |it so they can put it in in print form, in its true form, because a lot of | ||
368 | |367 |00:32:55 ~-~-> 00:32:59 |people's already put out my stuff in incomplete fashion, and they're going to | ||
369 | |368 |00:32:59 ~-~-> 00:33:02 |look real stupid in a couple months when it's by contrast, their books are | ||
370 | |369 |00:33:02 ~-~-> 00:33:09 |horseshit, but this PD array is inside of a volume imbalance and a previous | ||
371 | |370 |00:33:09 ~-~-> 00:33:14 |volume imbalance. This candle body has to be inside of the two candles | ||
372 | |371 |00:33:14 ~-~-> 00:33:19 |surrounding it when it's surrounded by a volume imbalance on both sides. So as I | ||
373 | |372 |00:33:19 ~-~-> 00:33:27 |told you yesterday, you would note that by encompassing the first to the second, | ||
374 | |373 |00:33:27 ~-~-> 00:33:36 |and then draw that out in time like this. Okay, so this is a specific PD | ||
375 | |374 |00:33:36 ~-~-> 00:33:41 |array, and we can use this information now I'm going to take that off, and | ||
376 | |375 |00:33:41 ~-~-> 00:33:45 |we're going to go back and add the drawings. And now in this area, I'm | ||
377 | |376 |00:33:45 ~-~-> 00:33:56 |going to add it back like this, and then I'm also going to add the Fibonacci so I | ||
378 | |377 |00:33:56 ~-~-> 00:34:01 |can put the quadrants on it, because we grade everything in ICT grading is where | ||
379 | |378 |00:34:01 ~-~-> 00:34:09 |we take a imbalance or a price range and we put it in a measurement of Where's | ||
380 | |379 |00:34:09 ~-~-> 00:34:14 |equilibrium, the halfway point and the quadrants within it. So that way we can | ||
381 | |380 |00:34:14 ~-~-> 00:34:18 |anticipate we're not reacting to some kind of thing in the future, we | ||
382 | |381 |00:34:18 ~-~-> 00:34:23 |anticipate PV arrays forming around these quadrant levels. Oh, what does | ||
383 | |382 |00:34:23 ~-~-> 00:34:28 |that mean? Well, you're about to find out. So if, if you put the fib on | ||
384 | |383 |00:34:35 ~-~-> 00:34:42 |the low to the high, and then you add the | ||
385 | |384 |00:34:51 ~-~-> 00:34:59 |quadrants, and I'm going to thicken this up a little bit, make them a little. | ||
386 | |385 |00:34:59 ~-~-> 00:35:12 |Obnoxious. ICT, something obnoxious from him, no. So we have this area I | ||
387 | |386 |00:35:12 ~-~-> 00:35:15 |mentioned yesterday in a live stream. Okay, and it's, it's towards the | ||
388 | |387 |00:35:15 ~-~-> 00:35:18 |beginning when we were still talking about the daily chart. So you can go | ||
389 | |388 |00:35:18 ~-~-> 00:35:23 |back and find it. It's there. But this portion of that is something I didn't | ||
390 | |389 |00:35:23 ~-~-> 00:35:28 |cover yesterday because I was trying to get through the this stuff, until we got | ||
391 | |390 |00:35:28 ~-~-> 00:35:33 |into reading the real price action live. But now I can go back into a one minute | ||
392 | |391 |00:35:33 ~-~-> 00:35:33 |chart, | ||
393 | |392 |00:35:41 ~-~-> 00:35:46 |and we're going to go over to Asia last night. | ||
394 | |393 |00:35:52 ~-~-> 00:35:57 |All right, so using the PBA rate that I outlined in live stream yesterday, not | ||
395 | |394 |00:35:57 ~-~-> 00:36:01 |cherry picking, not foreign fitting, not trying to find something to justify, | ||
396 | |395 |00:36:01 ~-~-> 00:36:04 |because ICT has something to always explain, something so it can look right. | ||
397 | |396 |00:36:04 ~-~-> 00:36:07 |It just so happens that I'm so fucking good that I look right all the time. | ||
398 | |397 |00:36:07 ~-~-> 00:36:10 |That's there. That's the problem. It says this figure you already complex. | ||
399 | |398 |00:36:11 ~-~-> 00:36:14 |For people, you have that problem. It's something for you to work out. But here | ||
400 | |399 |00:36:14 ~-~-> 00:36:20 |is the details. Here is the high. And before I did the trade, I went to my | ||
401 | |400 |00:36:20 ~-~-> 00:36:26 |private mentorship students on Tom and said, and I take 20,002 87 now that's no | ||
402 | |401 |00:36:26 ~-~-> 00:36:30 |different from me being on Twitter when I used to go note this level. So what | ||
403 | |402 |00:36:30 ~-~-> 00:36:35 |I'm indicating is that's where my focus is at that given moment. I want to see, | ||
404 | |403 |00:36:35 ~-~-> 00:36:41 |does the market provide me some kind of framework? Does it run to a pool of | ||
405 | |404 |00:36:41 ~-~-> 00:36:47 |liquidity? Does it run to an inefficiency that is a discount? That's | ||
406 | |405 |00:36:47 ~-~-> 00:36:52 |what this that's what's implied by that I have to see the setup form in price | ||
407 | |406 |00:36:53 ~-~-> 00:36:59 |around the time of day that it should form. So if I'm anticipating not | ||
408 | |407 |00:36:59 ~-~-> 00:37:06 |reacting, if I'm anticipating a run to take out this liquidity or just to | ||
409 | |408 |00:37:06 ~-~-> 00:37:09 |simply reprice to it, which is all I want to do, because I want to get to bed | ||
410 | |409 |00:37:09 ~-~-> 00:37:15 |last night kind of early. And Asia for the working class heroes, like in the | ||
411 | |410 |00:37:15 ~-~-> 00:37:19 |United States, if you can't trade any New York session because you're working, | ||
412 | |411 |00:37:19 ~-~-> 00:37:23 |or you can't get up early enough from London because you have to go to work | ||
413 | |412 |00:37:23 ~-~-> 00:37:30 |and work prevent you from having sleep deprivation. Or you're at work and you | ||
414 | |413 |00:37:30 ~-~-> 00:37:34 |can't trade a pm session or the lunch hour in New York. So what does that | ||
415 | |414 |00:37:34 ~-~-> 00:37:41 |mean? You're kind of like limited just to Asia, right? And today I'm going to | ||
416 | |415 |00:37:41 ~-~-> 00:37:44 |talk about this will be the last thing I'm talking about before I close the | ||
417 | |416 |00:37:44 ~-~-> 00:37:49 |stream out. But I'll teach about Asia and when to anticipate Asia setups that | ||
418 | |417 |00:37:49 ~-~-> 00:37:54 |you can go in and at least reasonably expect that you'll have something that | ||
419 | |418 |00:37:54 ~-~-> 00:37:58 |you can trade and it's favorable. Not every single day in Asia is something | ||
420 | |419 |00:37:58 ~-~-> 00:38:02 |good. Okay, so I'll kind of give you the talking points for that today, and then | ||
421 | |420 |00:38:02 ~-~-> 00:38:06 |close the stream out with that. We're going to be together here till probably | ||
422 | |421 |00:38:06 ~-~-> 00:38:10 |1030 so like I told you this, these are going to be the longest ones of all of | ||
423 | |422 |00:38:10 ~-~-> 00:38:14 |the 2024 mentorship. But you want to learn this is what this is what it | ||
424 | |423 |00:38:14 ~-~-> 00:38:19 |costs. Costs a little bit of time. So if you call on the daily chart this blue | ||
425 | |424 |00:38:19 ~-~-> 00:38:25 |shaded area I drew out. That's what is represented by both of those volume | ||
426 | |425 |00:38:25 ~-~-> 00:38:29 |imbalances, okay, from the high of the box down to the low of the box. All | ||
427 | |426 |00:38:29 ~-~-> 00:38:35 |these other levels in here are just simply levels that we used yesterday in | ||
428 | |427 |00:38:35 ~-~-> 00:38:39 |the live stream and or mentioned where they came from, which is the new week | ||
429 | |428 |00:38:39 ~-~-> 00:38:47 |opening gap. And obviously this is the new day opening at here. Notice that in | ||
430 | |429 |00:38:48 ~-~-> 00:38:55 |this price action in here, remember, this is the draw that was my interest. | ||
431 | |430 |00:38:56 ~-~-> 00:39:00 |My private mentorship students know beforehand that this is what I was | ||
432 | |431 |00:39:00 ~-~-> 00:39:04 |looking for. As soon as I asked on Twitter, do you need a dose? Okay, | ||
433 | |432 |00:39:05 ~-~-> 00:39:08 |that's like me asking, do you want to see me do a vignette? Vignette is where | ||
434 | |433 |00:39:08 ~-~-> 00:39:11 |I actually do an execution. Record it from beginning to end, and I put some | ||
435 | |434 |00:39:11 ~-~-> 00:39:15 |kind of song at the time that I was either listening to or came to mind, and | ||
436 | |435 |00:39:15 ~-~-> 00:39:21 |I put it on there. And it's kind of like, you know, it's my meditation. And | ||
437 | |436 |00:39:21 ~-~-> 00:39:29 |some of you like it as an artwork, but I like doing it. But as soon as I said, | ||
438 | |437 |00:39:29 ~-~-> 00:39:31 |you want to see a dose, I had several students say, I know you traded the | ||
439 | |438 |00:39:31 ~-~-> 00:39:35 |relative equal highs, so that tells you they've been around the block with me | ||
440 | |439 |00:39:35 ~-~-> 00:39:44 |for a while. So they know. So if we can see in that blue shaded box. Notice what | ||
441 | |440 |00:39:44 ~-~-> 00:39:56 |happens here. Price drops down from in here they leave relative equal highs. So | ||
442 | |441 |00:39:56 ~-~-> 00:39:59 |what are they doing? They're engineering liquidity. Why is that useful? Because. | ||
443 | |442 |00:40:00 ~-~-> 00:40:06 |They're going to come down to clean up these smooth lows. Now, I don't have the | ||
444 | |443 |00:40:06 ~-~-> 00:40:10 |time when I turn the chart on, because I went to telegram and told my group. I | ||
445 | |444 |00:40:10 ~-~-> 00:40:19 |said, listen, watch the 20,002 87 level, buy side NQ and no, you cannot get in my | ||
446 | |445 |00:40:19 ~-~-> 00:40:23 |telegram channel. It's just for private mentorship students. I'm not doing a | ||
447 | |446 |00:40:23 ~-~-> 00:40:26 |mentorship again, ever in the future. You cannot buy your way into the group. | ||
448 | |447 |00:40:26 ~-~-> 00:40:30 |I am not giving them signals. I'm not doing anything that would make you want | ||
449 | |448 |00:40:30 ~-~-> 00:40:33 |to get into it. It's just us hanging around individuals that are all like | ||
450 | |449 |00:40:33 ~-~-> 00:40:37 |minded, and I feel comfortable talking to them. I still have leakers in there. | ||
451 | |450 |00:40:37 ~-~-> 00:40:41 |That's why I don't teach them anything extremely advanced. I come out in the | ||
452 | |451 |00:40:41 ~-~-> 00:40:45 |public, and then I ask them they have questions. I predominantly will use | ||
453 | |452 |00:40:45 ~-~-> 00:40:49 |their questions in my delivery on the things that I'm talking about today, and | ||
454 | |453 |00:40:49 ~-~-> 00:40:53 |when I'm doing live streams, sometimes, I'll use somebody's comment in the | ||
455 | |454 |00:40:53 ~-~-> 00:40:57 |YouTube comment section sometimes, but they're only going to be the ones that | ||
456 | |455 |00:40:57 ~-~-> 00:41:01 |are followers of the channel. If you're not following me on the channel, I'm not | ||
457 | |456 |00:41:01 ~-~-> 00:41:07 |really paying much attention to your comment. So once I posted that I was | ||
458 | |457 |00:41:07 ~-~-> 00:41:14 |interested in 20,002 87 buy side and Q, I was waiting for the market to give me | ||
459 | |458 |00:41:14 ~-~-> 00:41:20 |something to run on. So that means I have to wait for the manipulation. And | ||
460 | |459 |00:41:20 ~-~-> 00:41:25 |this was it. They they create these relative equal highs, and they drive it | ||
461 | |460 |00:41:25 ~-~-> 00:41:31 |down aggressively. This area here. Can you agree that that is absolutely too | ||
462 | |461 |00:41:31 ~-~-> 00:41:36 |perfect like this is a classic example that would be in every Support and | ||
463 | |462 |00:41:36 ~-~-> 00:41:41 |Resistance book. John Murphy would have this in his book, technical analysis of | ||
464 | |463 |00:41:41 ~-~-> 00:41:46 |the financial markets, which is the Bible for retail trading. Every single | ||
465 | |464 |00:41:46 ~-~-> 00:41:51 |one of you listening to my voice, you better have electronic PDF format or a | ||
466 | |465 |00:41:51 ~-~-> 00:41:58 |hard copy of John Murphy's technical analysis of the financial markets. That | ||
467 | |466 |00:41:58 ~-~-> 00:42:08 |book is the Bible for retail traders. And I am absolutely on the on the hunt | ||
468 | |467 |00:42:08 ~-~-> 00:42:12 |for everything that's in that book. I want to be diametrically opposed to it. | ||
469 | |468 |00:42:13 ~-~-> 00:42:17 |And when my concepts are arm wrestling anything in that book, my stuff's | ||
470 | |469 |00:42:17 ~-~-> 00:42:24 |beating the living hell out of it, literally handing its ass to it so to | ||
471 | |470 |00:42:24 ~-~-> 00:42:29 |understand how a retail trader thinks that book will help you, I am not | ||
472 | |471 |00:42:29 ~-~-> 00:42:33 |telling you to read that book to subscribe to any of those views. 00. | ||
473 | |472 |00:42:35 ~-~-> 00:42:40 |Affinity for anything in there, nothing, nothing in that book, zero is useful, | ||
474 | |473 |00:42:40 ~-~-> 00:42:45 |except for knowing what it looks like through a retail perspectives mindset. | ||
475 | |474 |00:42:46 ~-~-> 00:42:52 |So they will see when the market does this in this and it runs out. As soon as | ||
476 | |475 |00:42:52 ~-~-> 00:42:56 |it trades above this high, what are they going to do? They're going to chase it. | ||
477 | |476 |00:42:56 ~-~-> 00:43:02 |They're going to be a breakout trader. Okay? So how that would work is when the | ||
478 | |477 |00:43:02 ~-~-> 00:43:06 |Mark was ticking like this and creates this little high, and as soon as this | ||
479 | |478 |00:43:06 ~-~-> 00:43:11 |candle does that and closes, they're immediately going to put a buy stop | ||
480 | |479 |00:43:11 ~-~-> 00:43:17 |order right there to buy on a breakout. When I'm reading price, I'm looking for | ||
481 | |480 |00:43:17 ~-~-> 00:43:25 |areas where they have done that already. So here they're, they're long entered. | ||
482 | |481 |00:43:26 ~-~-> 00:43:31 |I'm sorry their long has been entered on here. If they use the buy stop. So in | ||
483 | |482 |00:43:31 ~-~-> 00:43:38 |this little area here, which just happens to be also yesterday's what New | ||
484 | |483 |00:43:38 ~-~-> 00:43:41 |Day opening gap, which is for today's date. That's why it's dated here. Okay, | ||
485 | |484 |00:43:42 ~-~-> 00:43:48 |the folks that are doing their trading view indicator, you have to use the date | ||
486 | |485 |00:43:49 ~-~-> 00:43:54 |that's after the 6pm Eastern Time, whatever that date is, 6pm Eastern Time, | ||
487 | |486 |00:43:54 ~-~-> 00:43:58 |that creates the new day opening gap. You have to roll your date forward one | ||
488 | |487 |00:43:58 ~-~-> 00:44:02 |day, and then you've answered the things that I would say that that is now | ||
489 | |488 |00:44:02 ~-~-> 00:44:06 |correct. So I can't cosign anybody, because they're not doing that yet. But | ||
490 | |489 |00:44:06 ~-~-> 00:44:10 |the because, if you don't have them annotated, you're going to get lost in | ||
491 | |490 |00:44:10 ~-~-> 00:44:15 |the sauce, and you can't do that. You have to know what your levels are. So | ||
492 | |491 |00:44:15 ~-~-> 00:44:18 |retail would be long here, and they're feeling good about this, because | ||
493 | |492 |00:44:18 ~-~-> 00:44:21 |sometimes retail traders are in profitable positions. They don't | ||
494 | |493 |00:44:21 ~-~-> 00:44:24 |necessarily believe, you know what I believe, but they believe that their | ||
495 | |494 |00:44:24 ~-~-> 00:44:28 |indicators, their strategy of breaking out, buying momentum, selling momentum, | ||
496 | |495 |00:44:28 ~-~-> 00:44:31 |that that's the that's the secret recipe, and it's not you're just | ||
497 | |496 |00:44:31 ~-~-> 00:44:37 |catching a little tailwind, but if you hold on to it too long, it'll turn back | ||
498 | |497 |00:44:37 ~-~-> 00:44:43 |around on you. And what do they do? They see this, and it runs up, and they're | ||
499 | |498 |00:44:43 ~-~-> 00:44:49 |hoping it's going to break out again. Here, they deny them, and anyone that | ||
500 | |499 |00:44:49 ~-~-> 00:44:53 |bought on a breakout here, they're going to have their stop loss right there. So | ||
501 | |500 |00:44:53 ~-~-> 00:44:56 |I have two reference points that I'm watching after I told my private | ||
502 | |501 |00:44:56 ~-~-> 00:45:03 |mentorship group, 20,002 87 I'm. I want to see how it trades here, and if it's | ||
503 | |502 |00:45:03 ~-~-> 00:45:06 |going to go below here, what can it reasonably go to? Well, this clear, | ||
504 | |503 |00:45:06 ~-~-> 00:45:12 |obvious, actual gap. This is a common gap. Okay, so this common gap is in | ||
505 | |504 |00:45:12 ~-~-> 00:45:18 |close proximity to what the original onset or | ||
506 | |505 |00:45:20 ~-~-> 00:45:27 |the inception of the move, which is based on what one two equal lows. So | ||
507 | |506 |00:45:27 ~-~-> 00:45:32 |retail sees this as what support. So if anyone that went long on a bond and | ||
508 | |507 |00:45:32 ~-~-> 00:45:36 |breakout here, initially, their stop loss is going to be below here, because | ||
509 | |508 |00:45:36 ~-~-> 00:45:41 |they see this as protection. It's being defended in their eyes, anyone that | ||
510 | |509 |00:45:41 ~-~-> 00:45:45 |would have trailed their stop loss would be right below this wick. So I have to | ||
511 | |510 |00:45:45 ~-~-> 00:45:51 |watch and see how does price behave? Does it go down to this level here? And | ||
512 | |511 |00:45:51 ~-~-> 00:45:56 |if it goes below here, does it careen through that and dive into this? Because | ||
513 | |512 |00:45:56 ~-~-> 00:46:00 |if it goes into here like that, then I know all I have to do is wait for price | ||
514 | |513 |00:46:00 ~-~-> 00:46:07 |to book underneath these lows. So when it does this drop down in here, it's not | ||
515 | |514 |00:46:07 ~-~-> 00:46:11 |only just going below the lows, but it's going into the upper quadrant of those | ||
516 | |515 |00:46:11 ~-~-> 00:46:16 |dual volume imbalances on the daily chart. Remember, I put the Fibonacci on | ||
517 | |516 |00:46:16 ~-~-> 00:46:24 |it. Let me scrunch up the chart and you'll see it the low of it, lower | ||
518 | |517 |00:46:24 ~-~-> 00:46:32 |quadrant, midpoint, upper quadrant and the high. Remember, it's the two volume | ||
519 | |518 |00:46:32 ~-~-> 00:46:36 |imbalances that I'm encapsulating on a daily chart. Listen to yesterday's live | ||
520 | |519 |00:46:36 ~-~-> 00:46:39 |stream. When I'm talking about the daily chart, I tell you that that is how you | ||
521 | |520 |00:46:39 ~-~-> 00:46:44 |look at it. Today, I'm teaching you how to refine that and get the algorithmic | ||
522 | |521 |00:46:44 ~-~-> 00:46:48 |perspective of where the market's going to go based on those two individual | ||
523 | |522 |00:46:48 ~-~-> 00:46:52 |volume imbalances and frame them logically. You're not going to find that | ||
524 | |523 |00:46:52 ~-~-> 00:46:57 |in any else, anything else. It's not anywhere else, okay, but look what the | ||
525 | |524 |00:46:57 ~-~-> 00:47:02 |price is doing. Not only is it just going below the lows, but it's going | ||
526 | |525 |00:47:02 ~-~-> 00:47:08 |right to the upper quadrant of that level. So I'm anticipating, listen, I'm | ||
527 | |526 |00:47:08 ~-~-> 00:47:14 |anticipating. I'm fucking predicting. I'm not reacting. I'm predicting the | ||
528 | |527 |00:47:14 ~-~-> 00:47:19 |future. I'm predicting where my PD arrays are going to form. Now watch | ||
529 | |528 |00:47:19 ~-~-> 00:47:22 |folks, anybody that's watching with supply and demand bullshit in their | ||
530 | |529 |00:47:22 ~-~-> 00:47:25 |mind. You mind, watch really pay attention to this, because I'm going to | ||
531 | |530 |00:47:25 ~-~-> 00:47:35 |smash that on the rocks. A demand zone means that there's some kind of buying | ||
532 | |531 |00:47:35 ~-~-> 00:47:38 |that's taking place, some kind of propulsion higher that sent price | ||
533 | |532 |00:47:38 ~-~-> 00:47:41 |higher. So they're going to react off of that when it gets back down into it. | ||
534 | |533 |00:47:41 ~-~-> 00:47:44 |Well, that just goes right after right out the window, because now we're below | ||
535 | |534 |00:47:44 ~-~-> 00:47:50 |these lows. So where's the demand zone? Here we're we're below all these lows. | ||
536 | |535 |00:47:51 ~-~-> 00:47:58 |We traded down here. See that on the one minute chart, I highlight the volume | ||
537 | |536 |00:47:58 ~-~-> 00:48:04 |imbalance right here as the down closed, candle closes, but doesn't take out that | ||
538 | |537 |00:48:04 ~-~-> 00:48:10 |wick. Listen, because this is not supply and demand. Sam Sidon, take good notes, | ||
539 | |538 |00:48:10 ~-~-> 00:48:14 |buddy. Take some good fucking notes. That volume ounce is the first thing I | ||
540 | |539 |00:48:14 ~-~-> 00:48:20 |draw out. I know that once we get above soon as this candlestick closes, it | ||
541 | |540 |00:48:20 ~-~-> 00:48:26 |opens here. My eye sees that volume imbalance as this candle sticks close | ||
542 | |541 |00:48:26 ~-~-> 00:48:30 |like this. In my mind, I'm thinking, I want to see that candlestick close just | ||
543 | |542 |00:48:30 ~-~-> 00:48:34 |like you're seeing it close there and leave that volume imbalance right there, | ||
544 | |543 |00:48:34 ~-~-> 00:48:37 |that shade of that little box, that little draw, that rectangle. I want to | ||
545 | |544 |00:48:37 ~-~-> 00:48:42 |see that stay just like that. Because when it does this, I know that when this | ||
546 | |545 |00:48:42 ~-~-> 00:48:46 |candlestick, or the next candle after it would go up, it's going to come right | ||
547 | |546 |00:48:46 ~-~-> 00:48:50 |back down into that level right there. Why? Why do I believe that that's going | ||
548 | |547 |00:48:50 ~-~-> 00:48:56 |to happen, and why is it going to why is it going to act as a discount array? Why | ||
549 | |548 |00:48:56 ~-~-> 00:49:01 |should it be bullish? Well, the liquidity over here has been purged. We | ||
550 | |549 |00:49:01 ~-~-> 00:49:07 |traded down to an algorithmic price point where, if I'm going to be accurate | ||
551 | |550 |00:49:08 ~-~-> 00:49:14 |about anticipating, predicting how a PVA Ray is going to form, when and how | ||
552 | |551 |00:49:14 ~-~-> 00:49:19 |they're going to form, it needs to go to a level that I anticipate having a | ||
553 | |552 |00:49:19 ~-~-> 00:49:23 |reaction. See, I don't trust in diagonal support and resistance, which is like | ||
554 | |553 |00:49:23 ~-~-> 00:49:30 |diagonal support trend lines, diagonal resistance trend lines. I don't look at | ||
555 | |554 |00:49:30 ~-~-> 00:49:35 |the market like that. I don't look at Classic support and resistance. I'm | ||
556 | |555 |00:49:35 ~-~-> 00:49:38 |looking at liquidity. I'm looking at levels that you're not necessarily | ||
557 | |556 |00:49:38 ~-~-> 00:49:42 |seeing in your chart. This level here, this quadrant level, none of you are | ||
558 | |557 |00:49:42 ~-~-> 00:49:47 |going to see that. You're not going to see that. No other school of thought is | ||
559 | |558 |00:49:47 ~-~-> 00:49:50 |going to show you this level here. It's not going to happen. That's not | ||
560 | |559 |00:49:50 ~-~-> 00:49:56 |happening. Okay? So I have tools, I have resources in my repertoire that afford | ||
561 | |560 |00:49:56 ~-~-> 00:50:02 |me a visibility over price that none of you have. Uh, and I'm showing this to | ||
562 | |561 |00:50:02 ~-~-> 00:50:05 |you, so that way you can appreciate number one, that it's not just simply a | ||
563 | |562 |00:50:05 ~-~-> 00:50:09 |down close candle that makes an order block, and it's not a demand zone, | ||
564 | |563 |00:50:09 ~-~-> 00:50:14 |because a demand zone would have some kind of an anchor over here, and it's | ||
565 | |564 |00:50:14 ~-~-> 00:50:20 |not we're below the lows that is not in supply and demand, and it doesn't just | ||
566 | |565 |00:50:20 ~-~-> 00:50:25 |do a drop down into some random level. It's going to a level that I've outlined | ||
567 | |566 |00:50:25 ~-~-> 00:50:34 |in a PD array that you saw last year yesterday. Guys, stop with the shit in | ||
568 | |567 |00:50:34 ~-~-> 00:50:38 |telegram. You should be watching the live stream. Not commenting now, | ||
569 | |568 |00:50:41 ~-~-> 00:50:44 |everybody's want to say, Can I join your mentorship? No, and don't fucking send | ||
570 | |569 |00:50:44 ~-~-> 00:50:47 |me emails you cannot do you can't join it. I'm not doing another one in the | ||
571 | |570 |00:50:47 ~-~-> 00:50:50 |future. I'm teaching mentorship right now. In case you haven't noticed, I'm | ||
572 | |571 |00:50:50 ~-~-> 00:50:55 |doing it right now. It's fucking free. Why do you want to send me money? Stop. | ||
573 | |572 |00:50:55 ~-~-> 00:51:00 |I'm teaching for free. It's just relaxing. And take notes. Okay, so this | ||
574 | |573 |00:51:00 ~-~-> 00:51:06 |down closed candle here has a volume imbalance over top of it. The Indigo | ||
575 | |574 |00:51:06 ~-~-> 00:51:16 |entry model is a run on stops order block with a volume imbalance on top of | ||
576 | |575 |00:51:16 ~-~-> 00:51:22 |it. Okay, that's the Indigo entry model. That's all I'm going to say here. | ||
577 | |576 |00:51:22 ~-~-> 00:51:26 |There's going to be more things to it, but I you already know what's going to | ||
578 | |577 |00:51:26 ~-~-> 00:51:29 |happen. It's going to be on Instagram, it's going to be on Telegram, it's going | ||
579 | |578 |00:51:29 ~-~-> 00:51:33 |to be in discord channels, it's going to be on YouTube videos, and there's going | ||
580 | |579 |00:51:33 ~-~-> 00:51:36 |to be some kind of a booklet put on amazon before we get to next weekend. | ||
581 | |580 |00:51:36 ~-~-> 00:51:41 |Okay? ICTs, Indigo model entry, you know, stop that shit. Okay? Because | ||
582 | |581 |00:51:41 ~-~-> 00:51:46 |nobody's buying it. I'm it's not going to be taught in entirety until it gets | ||
583 | |582 |00:51:46 ~-~-> 00:51:49 |in the print. But I'm showing you things that haven't been taught before. But | ||
584 | |583 |00:51:49 ~-~-> 00:51:52 |there's it's leaning on logic that I've already introduced, which is what there | ||
585 | |584 |00:51:52 ~-~-> 00:51:57 |has to be one of two things happening for your entry. It's going to go to | ||
586 | |585 |00:51:57 ~-~-> 00:52:02 |liquidity, which we clearly see, and I think any anybody with the common sense | ||
587 | |586 |00:52:02 ~-~-> 00:52:06 |can see that debt would be sell stocks below these relative equal lows, right? | ||
588 | |587 |00:52:07 ~-~-> 00:52:13 |I mean, it goes without saying, but if it's not going to liquidity to create | ||
589 | |588 |00:52:13 ~-~-> 00:52:19 |the long entry, it's going to go down to a discount in efficiency, which is what | ||
590 | |589 |00:52:21 ~-~-> 00:52:26 |here. That's an actual common gap. So in your chart, it could be drawn out like | ||
591 | |590 |00:52:26 ~-~-> 00:52:27 |this. | ||
592 | |591 |00:52:33 ~-~-> 00:52:40 |That would be a reasonable expectation, assuming that these relative equal lows | ||
593 | |592 |00:52:40 ~-~-> 00:52:46 |were not there. Now your question is going to be, well, how do you know not | ||
594 | |593 |00:52:46 ~-~-> 00:52:49 |to buy in here? And how do you know they weren't going to just leave those | ||
595 | |594 |00:52:49 ~-~-> 00:52:52 |relative equal lows here? Because sometimes you do trades and you short | ||
596 | |595 |00:52:53 ~-~-> 00:52:59 |underneath relative equal highs and the trade pans out and or you'll go long in | ||
597 | |596 |00:52:59 ~-~-> 00:53:03 |situations like this, where there'll be relative equal lows, and you'll get into | ||
598 | |597 |00:53:03 ~-~-> 00:53:08 |a gap, and you won't be fearful getting stopped down here, because I'm teaching | ||
599 | |598 |00:53:08 ~-~-> 00:53:15 |that breakdown to you right here. Okay? Because we drop down like this, and this | ||
600 | |599 |00:53:15 ~-~-> 00:53:20 |swing low is sitting inside of that new day opening gap that's already enough as | ||
601 | |600 |00:53:20 ~-~-> 00:53:24 |a draw. There's several factors there for the price to at least want to get | ||
602 | |601 |00:53:24 ~-~-> 00:53:28 |there. But if it's going to go there to for the purpose of going below it, for | ||
603 | |602 |00:53:28 ~-~-> 00:53:31 |trail, stop loss orders, for anyone that's going long on a breakout here, | ||
604 | |603 |00:53:31 ~-~-> 00:53:36 |like retail traders would, to get below that, well, what's the first level? It | ||
605 | |604 |00:53:36 ~-~-> 00:53:39 |would be the low The New Day opening gap, which is too insignificant for me. | ||
606 | |605 |00:53:39 ~-~-> 00:53:47 |So what's below that, this common gap. Now, if this low would have went lower, | ||
607 | |606 |00:53:48 ~-~-> 00:53:53 |then I'd be going along there, and it wouldn't be the Indigo entry model, or | ||
608 | |607 |00:53:53 ~-~-> 00:53:57 |most likely, probably wouldn't have done it. The Indigo entry is simply an order | ||
609 | |608 |00:53:57 ~-~-> 00:54:03 |block inside of liquidity with a volume imbalance on top of it. Okay, so it's, | ||
610 | |609 |00:54:03 ~-~-> 00:54:09 |it's a combination of several factors, but the main thing is, it's going to | ||
611 | |610 |00:54:09 ~-~-> 00:54:14 |liquidity. And I didn't, and it wouldn't have used this inefficiency here, | ||
612 | |611 |00:54:15 ~-~-> 00:54:18 |because these are too smooth. So if it's going to go below this low here, it's | ||
613 | |612 |00:54:19 ~-~-> 00:54:24 |going to go into this gap, which watching it did, then I simply have to | ||
614 | |613 |00:54:24 ~-~-> 00:54:28 |sit and wait, wait for it to get down into this liquidity. Once it did it, I | ||
615 | |614 |00:54:28 ~-~-> 00:54:32 |want to see it touch that upper quadrant on those dual volume imbalances on the | ||
616 | |615 |00:54:32 ~-~-> 00:54:36 |daily chart, which I told you about yesterday. Now imagine if I wouldn't | ||
617 | |616 |00:54:36 ~-~-> 00:54:39 |have told you that yesterday, this would have looked like some Mumbo, mumbo jumbo | ||
618 | |617 |00:54:39 ~-~-> 00:54:44 |bullshit, right? It would have been like some contrived, made up nonsense, right? | ||
619 | |618 |00:54:44 ~-~-> 00:54:48 |And that's what some of these individuals that think that what I'm | ||
620 | |619 |00:54:48 ~-~-> 00:54:52 |teaching has no validity because it hasn't been any of their books. They | ||
621 | |620 |00:54:52 ~-~-> 00:54:57 |don't have a hero to look up to. I'm an anti guru. I'm an anti hero. Okay, so | ||
622 | |621 |00:54:57 ~-~-> 00:55:03 |I'm going to be divisive. You. But I'm teaching you the very things I'm doing | ||
623 | |622 |00:55:03 ~-~-> 00:55:08 |that arrive at these stellar entries, and they're not linked to anything else. | ||
624 | |623 |00:55:08 ~-~-> 00:55:15 |They're mine. They're all mine, and I'm lending them to you. Okay, you don't own | ||
625 | |624 |00:55:15 ~-~-> 00:55:21 |them, so, no, I wouldn't buy in here. I want to see this trade to it and through | ||
626 | |625 |00:55:21 ~-~-> 00:55:29 |it. Remember, every PD array isn't intended to stop price in its tracks. | ||
627 | |626 |00:55:29 ~-~-> 00:55:35 |It's not it's not designed to do that. It's to give you intel about what to see | ||
628 | |627 |00:55:35 ~-~-> 00:55:39 |in price action. If it trades below this low, I want to see it trade into this | ||
629 | |628 |00:55:39 ~-~-> 00:55:44 |gap here and go right through it, like a knife through butter, hot knife right | ||
630 | |629 |00:55:44 ~-~-> 00:55:47 |through butter. And it does so. So that means I know I'm going to be waiting for | ||
631 | |630 |00:55:47 ~-~-> 00:55:52 |it to trade below these lows, and then where and how far below the equal lows | ||
632 | |631 |00:55:52 ~-~-> 00:55:58 |am I going to reach for the upper quadrant level, and then if I get an | ||
633 | |632 |00:55:58 ~-~-> 00:56:02 |order block, the down closed candle, in this case, we have the volume advanced | ||
634 | |633 |00:56:02 ~-~-> 00:56:04 |on top the order block. So I'm highlighting that in the video. You | ||
635 | |634 |00:56:04 ~-~-> 00:56:13 |watch me do this, and then on the 32nd chart over here, which I'm not going to | ||
636 | |635 |00:56:13 ~-~-> 00:56:17 |do that here, because you have to watch the video again if you want to see me | ||
637 | |636 |00:56:17 ~-~-> 00:56:22 |post the long version of that video of me executing on the YouTube channel it's | ||
638 | |637 |00:56:22 ~-~-> 00:56:26 |a little bit long. I just know that when I post them like that, even when people | ||
639 | |638 |00:56:26 ~-~-> 00:56:30 |speed it up to two times the regular playback speed, I know they're not going | ||
640 | |639 |00:56:30 ~-~-> 00:56:34 |to watch the entire run. And that's why I don't like doing it, because it's a | ||
641 | |640 |00:56:34 ~-~-> 00:56:38 |waste of my time waiting for it to compress and then upload it. So that's | ||
642 | |641 |00:56:38 ~-~-> 00:56:44 |why I also do it in short form version. I speed it up and I put song on it. So | ||
643 | |642 |00:56:44 ~-~-> 00:56:47 |kind of hold your attention, because everybody has Tiktok mentality. So I | ||
644 | |643 |00:56:47 ~-~-> 00:56:50 |tricked the viewers into thinking they're watching a 32nd Tiktok. But | ||
645 | |644 |00:56:51 ~-~-> 00:56:54 |because the music playing, whether you like the genre or not, you're either | ||
646 | |645 |00:56:54 ~-~-> 00:56:58 |bitching about the music choice I've made, or you're sitting there cussing at | ||
647 | |646 |00:56:58 ~-~-> 00:57:03 |saying, Oh, you've you've lost 15 times. This is the one you got, right? So I | ||
648 | |647 |00:57:03 ~-~-> 00:57:06 |have to hold your attention on a video that's not monetized. So where's the | ||
649 | |648 |00:57:06 ~-~-> 00:57:11 |logic behind that? Right? So as price creates the volume imbalance, and this | ||
650 | |649 |00:57:11 ~-~-> 00:57:16 |candle trades up above it, I know that I'm going to see it trade back down into | ||
651 | |650 |00:57:16 ~-~-> 00:57:24 |this area. Why? Why would I expect that? Because if you look real close, I'm Yes, | ||
652 | |651 |00:57:24 ~-~-> 00:57:27 |this is worth paid mentorship price, and you're getting it for free. And that | ||
653 | |652 |00:57:27 ~-~-> 00:57:32 |awesome. This separation between this candlesticks body and this candlesticks | ||
654 | |653 |00:57:32 ~-~-> 00:57:36 |body, that's the shaded area I'm highlighting this candlestick delivery | ||
655 | |654 |00:57:36 ~-~-> 00:57:45 |does what it drops and lays down a body. How with buy side delivery, see that? So | ||
656 | |655 |00:57:45 ~-~-> 00:57:50 |when it does this, once the volume of bounce is created, and we're down here, | ||
657 | |656 |00:57:50 ~-~-> 00:57:56 |opening on this candle down here, it trades up. So what is it doing? It's | ||
658 | |657 |00:57:56 ~-~-> 00:58:01 |laying down a buy side delivery body. So now, what does it need? Now, what does | ||
659 | |658 |00:58:01 ~-~-> 00:58:10 |it mean? Redelivery down into this area. Watch the executions as it's doing that | ||
660 | |659 |00:58:10 ~-~-> 00:58:14 |I'm going long and as it touches in the top of the volume of bounce here, I'm | ||
661 | |660 |00:58:14 ~-~-> 00:58:21 |going long again. I'm adding and then this gap I'm watching, do the bodies | ||
662 | |661 |00:58:23 ~-~-> 00:58:29 |fill in and respect that area as well? So watch over here. Look, it's missing, | ||
663 | |662 |00:58:29 ~-~-> 00:58:36 |buy side and sell side. The wicks, I ignore them because they do the damage. | ||
664 | |663 |00:58:36 ~-~-> 00:58:39 |There's no body on this candle here. It's the open and close, the same thing. | ||
665 | |664 |00:58:40 ~-~-> 00:58:44 |So I'm ignoring that entirely. My focus is primarily on the volume imbalance | ||
666 | |665 |00:58:44 ~-~-> 00:58:51 |between these two. See that? So there are times when using the rules I'm | ||
667 | |666 |00:58:51 ~-~-> 00:58:56 |giving you, and there'll be black and white, true, easy to follow logic. It's | ||
668 | |667 |00:58:56 ~-~-> 00:58:59 |not always just this. There's other things you have to look for, but a | ||
669 | |668 |00:58:59 ~-~-> 00:59:04 |volume imbalance is not simply just using two, two consecutive candles. You | ||
670 | |669 |00:59:04 ~-~-> 00:59:09 |have to look at the same way I did the daily chart. Think about it. Is it not | ||
671 | |670 |00:59:09 ~-~-> 00:59:15 |any? Is it any difference here? No, because the body of this candle is the | ||
672 | |671 |00:59:15 ~-~-> 00:59:21 |open and the close. So what is it? There is no body the low of the low of the | ||
673 | |672 |00:59:21 ~-~-> 00:59:24 |candle and the high of the candle here, and then the open and close is the same | ||
674 | |673 |00:59:24 ~-~-> 00:59:29 |price. So if you use the open or the closed and refer to it as the body of | ||
675 | |674 |00:59:29 ~-~-> 00:59:34 |that candle, is that still? Is it still? Same thing you're seeing when I talked | ||
676 | |675 |00:59:34 ~-~-> 00:59:38 |about yesterday, where you have a volume and balance between this candle sticks | ||
677 | |676 |00:59:38 ~-~-> 00:59:41 |close and the open of this candle, that's a volume imbalance. It would look | ||
678 | |677 |00:59:41 ~-~-> 00:59:49 |like this. Technical science, see that volume and balance, and then the other | ||
679 | |678 |00:59:49 ~-~-> 00:59:57 |one would be this, yeah, how about that? That's a volume imbalance. But I'm | ||
680 | |679 |00:59:57 ~-~-> 01:00:00 |teaching you to don't even look at like that. This is how you. Got it for real. | ||
681 | |680 |01:00:02 ~-~-> 01:00:06 |Okay, so the algorithm is ignoring this candlestick entirely and focusing on | ||
682 | |681 |01:00:06 ~-~-> 01:00:09 |this. That's what it that's the reference point. That's the array it | ||
683 | |682 |01:00:09 ~-~-> 01:00:16 |refers back to. And you can see the bodies, I'm sorry, the price action in | ||
684 | |683 |01:00:16 ~-~-> 01:00:22 |here. We wick outside that. Yes, but look what this does, hammers it here, | ||
685 | |684 |01:00:22 ~-~-> 01:00:30 |comes back up, rallies away. So what is it doing? We have an absence of buy side | ||
686 | |685 |01:00:30 ~-~-> 01:00:35 |and sell side, delivery on, on the body's perspective. We have wicks in | ||
687 | |686 |01:00:35 ~-~-> 01:00:38 |here, but we have an actual gap between this candle sticks low and this candle | ||
688 | |687 |01:00:38 ~-~-> 01:00:45 |sticks high. So there's a real separation or real common gap. That's | ||
689 | |688 |01:00:45 ~-~-> 01:00:48 |not my term. That's just what it is generically, when there's no trading in | ||
690 | |689 |01:00:48 ~-~-> 01:00:54 |there, that is a real liquidity void. By definition, this is a liquidity void, | ||
691 | |690 |01:00:54 ~-~-> 01:01:01 |okay? This drop down is not a liquidity void. This is a liquidity void because | ||
692 | |691 |01:01:01 ~-~-> 01:01:07 |there's no there's no printed mark to market orders executed between this | ||
693 | |692 |01:01:07 ~-~-> 01:01:13 |candlesticks high and this candlesticks low. So that makes this a real liquidity | ||
694 | |693 |01:01:13 ~-~-> 01:01:18 |void or common gap. Okay, well, if you look what happens over here, we have | ||
695 | |694 |01:01:18 ~-~-> 01:01:22 |sell side delivery through that, and then we have buy side delivery through | ||
696 | |695 |01:01:22 ~-~-> 01:01:28 |that. See that big, huge paradigm shift. Ready? Watch this. It's missing both buy | ||
697 | |696 |01:01:28 ~-~-> 01:01:31 |side and sell side delivery between these two candlesticks, points high and | ||
698 | |697 |01:01:31 ~-~-> 01:01:36 |low respectively. Sell side delivery. Think about that paint roller analogy. | ||
699 | |698 |01:01:37 ~-~-> 01:01:40 |You have paint on your roller, and you're applying it to the wall, and you | ||
700 | |699 |01:01:40 ~-~-> 01:01:45 |draw the roller down, so you have really good supply of paint in that little | ||
701 | |700 |01:01:45 ~-~-> 01:01:50 |white shaded area. Now you're going to start rolling the paint roller back up. | ||
702 | |701 |01:01:50 ~-~-> 01:01:54 |And you see that happen on this candle. You see that so between this candle | ||
703 | |702 |01:01:54 ~-~-> 01:01:58 |portion here on the down close and this candlestick right here on the up close, | ||
704 | |703 |01:01:59 ~-~-> 01:02:07 |price has been offered both directions. It's offered sell side delivery and buy | ||
705 | |704 |01:02:07 ~-~-> 01:02:15 |side delivery. This little area now is become balanced, but what can still | ||
706 | |705 |01:02:15 ~-~-> 01:02:23 |happen with the wicks, they can do the damage. So you have to refer back to | ||
707 | |706 |01:02:23 ~-~-> 01:02:26 |that volume and bounce in its true form, which is here. | ||
708 | |707 |01:02:28 ~-~-> 01:02:33 |See that? Now, I already know there's about 90% of you saying, fuck this shit. | ||
709 | |708 |01:02:33 ~-~-> 01:02:37 |This is too complicated. I didn't get the algebra. I quit school. I didn't | ||
710 | |709 |01:02:37 ~-~-> 01:02:40 |graduate. This is bullshit. Trying to learn this man. Fuck this guy. I | ||
711 | |710 |01:02:40 ~-~-> 01:02:44 |understand. I understand. I'm not teaching precision to everyone. It's | ||
712 | |711 |01:02:44 ~-~-> 01:02:49 |only for the strong you want to pick trades like I showed last night, what I | ||
713 | |712 |01:02:49 ~-~-> 01:02:49 |showed here. | ||
714 | |713 |01:03:00 ~-~-> 01:03:08 |Look at them. Look at those executions. You see any market replay up here? Okay, | ||
715 | |714 |01:03:09 ~-~-> 01:03:15 |that was done with live data. Live, not Memorex. So to me like, What the fuck | ||
716 | |715 |01:03:16 ~-~-> 01:03:30 |some Memorex, the the delivery in between these two price points here, you | ||
717 | |716 |01:03:30 ~-~-> 01:03:34 |want world class trading. You want world class executions. You can learn it from | ||
718 | |717 |01:03:34 ~-~-> 01:03:38 |me, but it requires this. You don't want to put this kind of level of work ethic | ||
719 | |718 |01:03:38 ~-~-> 01:03:42 |behind it and try to study you're never going to get it. You don't need this to | ||
720 | |719 |01:03:42 ~-~-> 01:03:47 |be profitable. Don't mistake what I'm showing you here. You can make very | ||
721 | |720 |01:03:47 ~-~-> 01:03:52 |simple bread and butter income. And never, ever, ever go into this degree of | ||
722 | |721 |01:03:52 ~-~-> 01:03:56 |technical science, and it gets further deep in the rabbit hole than this stuff | ||
723 | |722 |01:03:56 ~-~-> 01:04:03 |like this is still nothing. But if you want to go to the degree of world class | ||
724 | |723 |01:04:03 ~-~-> 01:04:08 |execution and seeing setups that the average bear in the industry isn't going | ||
725 | |724 |01:04:08 ~-~-> 01:04:12 |to recognize or even anticipate, they wouldn't even know how to react to this | ||
726 | |725 |01:04:12 ~-~-> 01:04:16 |type of trade, like they wouldn't even know how to do it. And I'm nailing it | ||
727 | |726 |01:04:16 ~-~-> 01:04:22 |down. I'm nailing it down. You have to study what I'm teaching you. So the cell | ||
728 | |727 |01:04:22 ~-~-> 01:04:26 |side delivery here in this small, little white box. Okay, what I'm talking about | ||
729 | |728 |01:04:26 ~-~-> 01:04:30 |specifically is see the top of the white box here, look at where the black down | ||
730 | |729 |01:04:30 ~-~-> 01:04:35 |close candle touches that upper portion of that white area to the lower area, | ||
731 | |730 |01:04:36 ~-~-> 01:04:41 |that segment of the Black Candle, coupled with this up close candle here, | ||
732 | |731 |01:04:41 ~-~-> 01:04:46 |this portion of the white area when it touches it and trades up to the high end | ||
733 | |732 |01:04:46 ~-~-> 01:04:54 |of it, right there, at that moment, this little area has become what does it say? | ||
734 | |733 |01:04:54 ~-~-> 01:05:01 |Has become balanced, but what can happen still is. The wicks can do the damage. | ||
735 | |734 |01:05:01 ~-~-> 01:05:07 |That means it can color outside of that white box. But look closely, even though | ||
736 | |735 |01:05:07 ~-~-> 01:05:11 |that we go back to that reference points of of the actual volume imbalance here, | ||
737 | |736 |01:05:12 ~-~-> 01:05:16 |my eye is watching all these things. I don't need to draw the lines. My eyes | ||
738 | |737 |01:05:16 ~-~-> 01:05:20 |keying up on what I just showed you, relative to this candlestick here and | ||
739 | |738 |01:05:20 ~-~-> 01:05:26 |this candlestick here, which tells me that when this candlestick here opens | ||
740 | |739 |01:05:27 ~-~-> 01:05:33 |and it trades down, I know that this is just a wick. It's not going to close | ||
741 | |740 |01:05:33 ~-~-> 01:05:37 |down like that. It's going to open here, trade down and come right back up, and | ||
742 | |741 |01:05:37 ~-~-> 01:05:42 |then it closed high. Where's the body stopping at it's inside of this little | ||
743 | |742 |01:05:43 ~-~-> 01:05:48 |separation over here. It's on the high end of it. And then the next candle here | ||
744 | |743 |01:05:48 ~-~-> 01:05:52 |we open, we trade down and stop dead in its tracks right to the tick over here. | ||
745 | |744 |01:05:53 ~-~-> 01:05:57 |What's this? Candlesticks? Uh, closing price. You're going to look up at this | ||
746 | |745 |01:05:58 ~-~-> 01:06:09 |upper value here, okay, 20,000 to 29.50 so 2950 okay, what's the low of this | ||
747 | |746 |01:06:09 ~-~-> 01:06:15 |candlestick here? You're gonna look right here. Look at that value. What's | ||
748 | |747 |01:06:15 ~-~-> 01:06:18 |that candlesticks low? 2950 | ||
749 | |748 |01:06:20 ~-~-> 01:06:23 |to the fucking tick, to the tick. | ||
750 | |749 |01:06:25 ~-~-> 01:06:31 |You awake now? Now you're sorry I got that audio pics, aren't you? Oh shit. | ||
751 | |750 |01:06:31 ~-~-> 01:06:35 |It's fucking delicious. So when we see it trade down like that, what is it | ||
752 | |751 |01:06:35 ~-~-> 01:06:40 |doing? It's doing the damage outside of this area that's been rebalanced with | ||
753 | |752 |01:06:40 ~-~-> 01:06:47 |this candlestick here, but now let's go back in and see what it's done. Once you | ||
754 | |753 |01:06:47 ~-~-> 01:06:50 |understand what you're looking for, you don't have to have the annotations on | ||
755 | |754 |01:06:50 ~-~-> 01:06:53 |your chart. Your eye will just go to these things. But see how the body stops | ||
756 | |755 |01:06:53 ~-~-> 01:06:58 |and rests on top that white box. And the body stays above that white box. It only | ||
757 | |756 |01:06:58 ~-~-> 01:07:02 |does the damage to the downside, stopping out anyone that wants to trail | ||
758 | |757 |01:07:02 ~-~-> 01:07:10 |a stop loss up if they're absolutely long and think about it. Think watch the | ||
759 | |758 |01:07:10 ~-~-> 01:07:20 |recording as the market's dropping down with that wick. I'm buying it. Think I'm | ||
760 | |759 |01:07:20 ~-~-> 01:07:24 |not worried about that thing careening down here lower, taking out what you | ||
761 | |760 |01:07:24 ~-~-> 01:07:29 |might think is relative equal loads. I'm looking at how it took the liquidity out | ||
762 | |761 |01:07:31 ~-~-> 01:07:40 |over here inside of a macro what. What would you say there? What time is this | ||
763 | |762 |01:07:40 ~-~-> 01:07:49 |drop. When's it occurring? We're up here at 810 so we're in the last portion of | ||
764 | |763 |01:07:49 ~-~-> 01:07:55 |that 750, to 810, macro. So where's the liquidity? Well, what has just happened? | ||
765 | |764 |01:07:56 ~-~-> 01:08:00 |We left these relative equal lows here. So on this candle, we start doing what | ||
766 | |765 |01:08:01 ~-~-> 01:08:06 |spooling? Remember that I give you a time window. That means it's going to | ||
767 | |766 |01:08:06 ~-~-> 01:08:09 |start. It doesn't mean your trade goes to target there. It just means that it | ||
768 | |767 |01:08:09 ~-~-> 01:08:13 |starts to spool. Spool for what? ICT, what does that mean? It means price is | ||
769 | |768 |01:08:13 ~-~-> 01:08:24 |going to run in a direction to a inefficiency, above or below and or to a | ||
770 | |769 |01:08:24 ~-~-> 01:08:28 |pool of liquidity above or below market price. So what has happened at that | ||
771 | |770 |01:08:28 ~-~-> 01:08:36 |point? Look to your left. Retail bought a breakout. Retail trusts these relative | ||
772 | |771 |01:08:36 ~-~-> 01:08:39 |equal lows. They think that's support, so the macro is going to go down and | ||
773 | |772 |01:08:39 ~-~-> 01:08:49 |cannibalize them. Stop draws right to my level, upper quadrant, dual volume | ||
774 | |773 |01:08:50 ~-~-> 01:08:56 |imbalances on the daily chart, dual volume imbalances on a one minute chart, | ||
775 | |774 |01:08:56 ~-~-> 01:09:02 |same logic, same things going on here, okay, but when it trades down and | ||
776 | |775 |01:09:02 ~-~-> 01:09:08 |creates this down close candle, I want to be trading inside of this, open to | ||
777 | |776 |01:09:08 ~-~-> 01:09:13 |its high or the wick this little area in here, that is my order block. That's my | ||
778 | |777 |01:09:13 ~-~-> 01:09:19 |that's my prized entries. I want to have my entries thrown in anywhere inside of | ||
779 | |778 |01:09:19 ~-~-> 01:09:29 |this. I Yes, this is the watering hole, and I'm the cheetah and I'm running down | ||
780 | |779 |01:09:31 ~-~-> 01:09:39 |my dinner. I know that the market's going to offer time and price inside | ||
781 | |780 |01:09:40 ~-~-> 01:09:45 |that little, that little white area. So when price is in that area, I'm trying | ||
782 | |781 |01:09:45 ~-~-> 01:09:49 |to capitalize by going long in it. And then I'm using this balanced price range | ||
783 | |782 |01:09:49 ~-~-> 01:09:58 |here that was a former common gap. I'm seeing the signatures that this is | ||
784 | |783 |01:09:58 ~-~-> 01:10:02 |exactly what it should do here. So. Anything on the downside. I wanted to | ||
785 | |784 |01:10:02 ~-~-> 01:10:05 |add one more when it was trading down in here, but I had enough. I was like, | ||
786 | |785 |01:10:05 ~-~-> 01:10:09 |Okay, it's good enough. And then I set everything in motion. I added the | ||
787 | |786 |01:10:09 ~-~-> 01:10:13 |annotations for the minor buy side of the coding pools. And then rally. Look | ||
788 | |787 |01:10:13 ~-~-> 01:10:19 |at the delivery here. Look at that. Look at this candlestick over here. What's | ||
789 | |788 |01:10:19 ~-~-> 01:10:23 |this candlesticks low? You're going to look at this value right here at the top | ||
790 | |789 |01:10:23 ~-~-> 01:10:32 |of the chart. Look at this candle. Slow, 20,002 31.50 so 231, and a half. What's | ||
791 | |790 |01:10:32 ~-~-> 01:10:38 |this candle? Sticks low here. 20,002 31 and a half folks. Listen, listen, | ||
792 | |791 |01:10:38 ~-~-> 01:10:43 |listen. Sam Sidon would fucking love it, if he could have fucking had something | ||
793 | |792 |01:10:43 ~-~-> 01:10:47 |that told you that Elliot wave wished the fuck he could fucking talk to you | ||
794 | |793 |01:10:47 ~-~-> 01:10:50 |with this language. He wished he could have. He's still in the fucking beach. | ||
795 | |794 |01:10:50 ~-~-> 01:10:54 |He's waiting for the right wave. I'm riding every fucking wave, every fucking | ||
796 | |795 |01:10:54 ~-~-> 01:10:59 |wave, buying and selling, up down, up down. I can do it all day long, but it's | ||
797 | |796 |01:10:59 ~-~-> 01:11:04 |based on things that are not in your bullshit books. It's something that's | ||
798 | |797 |01:11:04 ~-~-> 01:11:12 |going on behind the scenes. Okay, you never, ever, ever see anybody. Yeah. ICT | ||
799 | |798 |01:11:12 ~-~-> 01:11:16 |is talking about a gap. There's always been guests. He said, like he invented a | ||
800 | |799 |01:11:16 ~-~-> 01:11:22 |gap. I didn't invent that gap. I codified the concept of trading that gap | ||
801 | |800 |01:11:22 ~-~-> 01:11:27 |even after it's been filled in to a precision level degree that nobody's | ||
802 | |801 |01:11:27 ~-~-> 01:11:34 |ever touched on. So yeah, I'm the daddy, so we rally up and what do we go back | ||
803 | |802 |01:11:34 ~-~-> 01:11:40 |into New Day opening gap for today, October 1. Where's the body start right | ||
804 | |803 |01:11:40 ~-~-> 01:11:44 |at the low of the new day you can get and then it trades up, closes above it, | ||
805 | |804 |01:11:44 ~-~-> 01:11:48 |and then we open here, and where's the logo, down to the low of the new day you | ||
806 | |805 |01:11:48 ~-~-> 01:11:54 |can get see it. Look at that. That's perfect, folks. And you're sitting here | ||
807 | |806 |01:11:54 ~-~-> 01:11:58 |looking for harmonic patterns. You're looking for indicators, open, high, low | ||
808 | |807 |01:11:58 ~-~-> 01:12:04 |and close and the time of the day, that's your indicators. That's all you | ||
809 | |808 |01:12:04 ~-~-> 01:12:08 |need. You don't need anything. Now I dress up my chart to show you these | ||
810 | |809 |01:12:08 ~-~-> 01:12:11 |things, because I have to be able to draw your attention to what frame of | ||
811 | |810 |01:12:11 ~-~-> 01:12:17 |reference I'm using. I don't have all this stuff on my charts because, number | ||
812 | |811 |01:12:17 ~-~-> 01:12:22 |one, it takes time to draw this bullshit out, because I'm using a 15 second | ||
813 | |812 |01:12:22 ~-~-> 01:12:27 |chart, think about how many things you can do inside of 15 seconds. I'm first. | ||
814 | |813 |01:12:27 ~-~-> 01:12:31 |I'm reading the price action. I'm matching what I know algorithmically to | ||
815 | |814 |01:12:32 ~-~-> 01:12:35 |what I've taught you as a language. And I'm waiting for the language talking | ||
816 | |815 |01:12:35 ~-~-> 01:12:38 |point, which is the PD array, to appear in a chart, so that way I can draw your | ||
817 | |816 |01:12:38 ~-~-> 01:12:41 |attention to it. But I already know where the PD arrays are going to form, | ||
818 | |817 |01:12:42 ~-~-> 01:12:46 |like I already know where they're going to be. That's the part that you don't | ||
819 | |818 |01:12:46 ~-~-> 01:12:50 |understand. That's the part that I'm going to allow you to understand. That | ||
820 | |819 |01:12:50 ~-~-> 01:12:53 |that is me being absolutely fucking arrogant, because I know something | ||
821 | |820 |01:12:53 ~-~-> 01:12:57 |you're never going to learn. The closest thing I can take you to is what I've | ||
822 | |821 |01:12:57 ~-~-> 01:13:02 |taught you in this language. My PD arrays are going to get you as close as | ||
823 | |822 |01:13:02 ~-~-> 01:13:09 |I possibly can without divulging what I'm not willing to teach you. And for | ||
824 | |823 |01:13:09 ~-~-> 01:13:13 |some of you, that is a big sticking point, and you want to say I can't be | ||
825 | |824 |01:13:13 ~-~-> 01:13:16 |mentored by you because you're not being honest, you're not being upfront with | ||
826 | |825 |01:13:16 ~-~-> 01:13:21 |me, you're hiding things from me. I'm not hiding everything. I'm hiding what I | ||
827 | |826 |01:13:21 ~-~-> 01:13:27 |have to hide. But I'm teaching you everything you need. And more, like you | ||
828 | |827 |01:13:27 ~-~-> 01:13:31 |don't need to know this, this entry model, like you don't need to know these | ||
829 | |828 |01:13:31 ~-~-> 01:13:35 |things here. You don't need to know that this is simply optimal, optimal trend | ||
830 | |829 |01:13:35 ~-~-> 01:13:39 |entry, uh, was sufficient enough. The silver bullet was sufficient enough. The | ||
831 | |830 |01:13:39 ~-~-> 01:13:44 |model 2022, was sufficient enough. So and now Caleb has a model. You first | ||
832 | |831 |01:13:44 ~-~-> 01:13:49 |presented Fairbank gap between 930 and 10 o'clock, then using it with a bias | ||
833 | |832 |01:13:49 ~-~-> 01:13:55 |for for one trade in the session in the morning, like I could do this every | ||
834 | |833 |01:13:55 ~-~-> 01:13:58 |single day the rest of my life. And it'll be a unique model. And never | ||
835 | |834 |01:13:58 ~-~-> 01:14:03 |overlap. It'll never ever ever overlap. There's never any overlapping. There's | ||
836 | |835 |01:14:03 ~-~-> 01:14:11 |three constants to every one of my models, though you ready time, why | ||
837 | |836 |01:14:11 ~-~-> 01:14:16 |should price move? Why did price move? Those are two questions as it relates to | ||
838 | |837 |01:14:16 ~-~-> 01:14:24 |time. It's going up for inefficiency or buy side. What's going down for | ||
839 | |838 |01:14:24 ~-~-> 01:14:30 |inefficiency or sell side? That's it. Those are the three primary core content | ||
840 | |839 |01:14:31 ~-~-> 01:14:36 |principles of every single price action model that I have, or every execution or | ||
841 | |840 |01:14:36 ~-~-> 01:14:41 |every idea about getting into a trade. Those three primary pillars, they're | ||
842 | |841 |01:14:41 ~-~-> 01:14:45 |always in every single one of them, but not every single one of those models are | ||
843 | |842 |01:14:45 ~-~-> 01:14:52 |going to operate and execute on the same basis. Let me ask you this. What would | ||
844 | |843 |01:14:52 ~-~-> 01:14:59 |it be like for you to say, Wow, I like these, these common gaps here, like this | ||
845 | |844 |01:14:59 ~-~-> 01:15:03 |and. I like that, because it makes sense. I can see it's not ambiguous at | ||
846 | |845 |01:15:03 ~-~-> 01:15:09 |all. It's a real, actual gap. And if I'm bullish, I can wait for confirmation | ||
847 | |846 |01:15:09 ~-~-> 01:15:12 |when the market trades above it. I'm going to try to just go in there and get | ||
848 | |847 |01:15:12 ~-~-> 01:15:16 |an entry there, and then I'll use a stop loss based on the lowest low, and that | ||
849 | |848 |01:15:16 ~-~-> 01:15:21 |would be my model entering in this area here, once we trade above it, this next | ||
850 | |849 |01:15:21 ~-~-> 01:15:25 |candle, we trade into it, so you'd be filled there, and your stop also be | ||
851 | |850 |01:15:25 ~-~-> 01:15:31 |below. Okay, it's only what 13 handles. That's not big, that's not a large stop. | ||
852 | |851 |01:15:31 ~-~-> 01:15:36 |But what would what would prevent you from using that as your model? Nothing | ||
853 | |852 |01:15:36 ~-~-> 01:15:40 |except for you deciding that's what your model is. Is it a bad model? Absolutely | ||
854 | |853 |01:15:40 ~-~-> 01:15:45 |fucking not. It's a wonderful model. It's a wonderful entry mechanism. Entry | ||
855 | |854 |01:15:45 ~-~-> 01:15:52 |mechanism, stellar. But it's not sexy. It doesn't have a cool name around it. I | ||
856 | |855 |01:15:52 ~-~-> 01:15:54 |don't have a video where I'm playing music around it and I'm showing a | ||
857 | |856 |01:15:55 ~-~-> 01:16:00 |$20,000 win off of using it. But it had its place in what I did last night. | ||
858 | |857 |01:16:01 ~-~-> 01:16:07 |It had its place in it. And my focal points is what I'm showing you here. You | ||
859 | |858 |01:16:07 ~-~-> 01:16:11 |all want to see these books in your hands, and you want to learn from them. | ||
860 | |859 |01:16:11 ~-~-> 01:16:15 |I'm giving you more detail than I'm going to be able to put in those books. | ||
861 | |860 |01:16:15 ~-~-> 01:16:18 |The books are just going to be this, this, this, this, but if you don't know | ||
862 | |861 |01:16:18 ~-~-> 01:16:23 |the things I'm teaching on this YouTube channel, that book that you first | ||
863 | |862 |01:16:23 ~-~-> 01:16:27 |acquire is not gonna feel like it's taught you much. It's gonna feel like | ||
864 | |863 |01:16:27 ~-~-> 01:16:31 |it's something's missing. Yeah, the missing part is you haven't gone through | ||
865 | |864 |01:16:31 ~-~-> 01:16:35 |my lectures here it's gonna it's gonna take you right back to this YouTube | ||
866 | |865 |01:16:35 ~-~-> 01:16:38 |channel. So why are you rushing me to get those books? They're pissing me off | ||
867 | |866 |01:16:38 ~-~-> 01:16:43 |about the covers I want my cover the way I want it, and they're trying to argue | ||
868 | |867 |01:16:43 ~-~-> 01:16:45 |with me about, you know, what they want to sell it for, what they want to make | ||
869 | |868 |01:16:45 ~-~-> 01:16:50 |on it, and the cost it's going to be my way, my way, or I'm going to go to | ||
870 | |869 |01:16:50 ~-~-> 01:16:54 |different publishers. Simple So, and that's another reason why I keep saying | ||
871 | |870 |01:16:54 ~-~-> 01:16:58 |publicly that don't buy my books, because I want them to see I would give | ||
872 | |871 |01:16:58 ~-~-> 01:17:01 |a fuck about making money off of books. That's not why I'm doing it, and push | ||
873 | |872 |01:17:01 ~-~-> 01:17:04 |comes to shove, I'll self publish it. Don't give a fuck. But the point is | ||
874 | |873 |01:17:04 ~-~-> 01:17:12 |this, when we're looking for trades, one of two things have to happen at the time | ||
875 | |874 |01:17:12 ~-~-> 01:17:16 |of day that it should so excluding time, because that's the first factor, | ||
876 | |875 |01:17:16 ~-~-> 01:17:22 |obviously, is price going to an inefficiency? Well, this one here was to | ||
877 | |876 |01:17:22 ~-~-> 01:17:27 |see if it wants to go through it first. And it went through it. That means that | ||
878 | |877 |01:17:27 ~-~-> 01:17:30 |I can wait now comfortably that we're going to get below these relative equal | ||
879 | |878 |01:17:30 ~-~-> 01:17:38 |lows right here. How far below it? Upper quadrant of the dual volume of balance | ||
880 | |879 |01:17:38 ~-~-> 01:17:43 |on the daily chart that I taught you yesterday. Wait for the down closed | ||
881 | |880 |01:17:43 ~-~-> 01:17:48 |candle to form, laying over top of the upper quadrant. That is the qualifier. | ||
882 | |881 |01:17:48 ~-~-> 01:17:53 |That's the thing that I trusted about it. How do you know that it wasn't going | ||
883 | |882 |01:17:53 ~-~-> 01:17:57 |to keep going lower? It could have, they could have went lower and could have | ||
884 | |883 |01:17:57 ~-~-> 01:18:00 |stopped me out. No problem. Then I would have waited for something up here to get | ||
885 | |884 |01:18:00 ~-~-> 01:18:06 |long on. I knew by them dropping it here like this, that was them just upsetting | ||
886 | |885 |01:18:07 ~-~-> 01:18:11 |the smooth area over here, because retail sees that and trusts it as | ||
887 | |886 |01:18:11 ~-~-> 01:18:16 |support. And they mean that means they they have orders underneath there, and | ||
888 | |887 |01:18:16 ~-~-> 01:18:20 |the orders that run underneath there, I waited for them to get engaged, and then | ||
889 | |888 |01:18:20 ~-~-> 01:18:26 |this candlestick right here. Soon as we crossed this candlesticks open that | ||
890 | |889 |01:18:26 ~-~-> 01:18:30 |movement right there. I don't need it to close there either. As soon as it did | ||
891 | |890 |01:18:30 ~-~-> 01:18:36 |that, that validates this as a bullish order block. Okay, I don't need it to | ||
892 | |891 |01:18:36 ~-~-> 01:18:39 |trade above the candlestick, to be an engulfing candle. That's what makes a | ||
893 | |892 |01:18:39 ~-~-> 01:18:43 |order block. It's Oct bullshit. You guys know what the fuck you're talking about. | ||
894 | |893 |01:18:43 ~-~-> 01:18:47 |An order block is validated when you have other factors around the idea that | ||
895 | |894 |01:18:47 ~-~-> 01:18:52 |the market should turn. I already anticipate the market turning. I'm | ||
896 | |895 |01:18:52 ~-~-> 01:18:56 |already anticipating and predicting where my order block is going to form. I | ||
897 | |896 |01:18:56 ~-~-> 01:18:59 |can predict where the fair value gaps are forming. I've done it in live | ||
898 | |897 |01:18:59 ~-~-> 01:19:03 |streams. I've done it in executions. I've done this before. In front of you, | ||
899 | |898 |01:19:03 ~-~-> 01:19:06 |you're not going to find someone else out there telling you where my PD arrays | ||
900 | |899 |01:19:06 ~-~-> 01:19:10 |are going to form. That's why you got to stop listening these people if you want | ||
901 | |900 |01:19:10 ~-~-> 01:19:13 |to watch them, because they're showing you how they use the information. I have | ||
902 | |901 |01:19:13 ~-~-> 01:19:17 |no problem with that. I have no problem with that. But if they're out there | ||
903 | |902 |01:19:17 ~-~-> 01:19:20 |trying to actively teach you my stuff, and they're selling you mentorship, they | ||
904 | |903 |01:19:20 ~-~-> 01:19:25 |only teach you smart money concepts or ICT concepts. They're fucking lying out | ||
905 | |904 |01:19:25 ~-~-> 01:19:29 |their ass. Okay? They're they're just winging it. They're doing the best they | ||
906 | |905 |01:19:29 ~-~-> 01:19:33 |can, but they're not really teaching. They're demonstrating their correct, | ||
907 | |906 |01:19:33 ~-~-> 01:19:36 |their current understanding, but they're not correct because they don't have | ||
908 | |907 |01:19:36 ~-~-> 01:19:42 |everything goes along with it, and when they're losing, it's because they don't | ||
909 | |908 |01:19:42 ~-~-> 01:19:46 |know everything around it and not saying I'm 100% but if I run Enigma, I'm not | ||
910 | |909 |01:19:46 ~-~-> 01:19:49 |losing that. That's what I'm trying to explain to you without saying, but I'm | ||
911 | |910 |01:19:49 ~-~-> 01:19:54 |gonna place this tell you if I run Enigma, not yin and yang bullshit. Okay, | ||
912 | |911 |01:19:54 ~-~-> 01:20:00 |when I run Enigma, it's fucking flawless. It's up down all day long. All | ||
913 | |912 |01:20:00 ~-~-> 01:20:07 |day long. I cannot use that. I cannot use that. There's no way that I can just | ||
914 | |913 |01:20:07 ~-~-> 01:20:11 |go out there and just run rampant with that, because I will have visitors. | ||
915 | |914 |01:20:11 ~-~-> 01:20:15 |Okay, I'm not going to have that. I'm not going to have it. So what I do is I | ||
916 | |915 |01:20:15 ~-~-> 01:20:20 |take you as close as I can, and I taught you a language that gives you some of | ||
917 | |916 |01:20:21 ~-~-> 01:20:27 |the information that it allows me some of it you only need one thing, one | ||
918 | |917 |01:20:27 ~-~-> 01:20:31 |thing, one set up a week, and you don't need your job anymore. And most of you | ||
919 | |918 |01:20:31 ~-~-> 01:20:39 |don't even realize that I'm going to hopefully guide my son, Caleb, right out | ||
920 | |919 |01:20:39 ~-~-> 01:20:45 |of his working class hero job. It may take till spring, but that's what we're | ||
921 | |920 |01:20:45 ~-~-> 01:20:49 |watching. Okay, we're watching this laboratory experiment. I tried it with | ||
922 | |921 |01:20:49 ~-~-> 01:20:54 |Cameron. He wasn't able to do it because he's too immature. He's too video game | ||
923 | |922 |01:20:54 ~-~-> 01:21:00 |minded. Caleb, admittedly, he's a little bit harder to teach because his focus is | ||
924 | |923 |01:21:00 ~-~-> 01:21:07 |easily distracted, and he has attention deficit, and it's, you see how it is me | ||
925 | |924 |01:21:07 ~-~-> 01:21:11 |talking. It's hard for most people to follow me because they're just not | ||
926 | |925 |01:21:11 ~-~-> 01:21:15 |equipped to listen to this stuff. And I can go off on tangents for a little bit | ||
927 | |926 |01:21:15 ~-~-> 01:21:19 |and come right back to it, and it's annoying, but that's just who I am, and | ||
928 | |927 |01:21:19 ~-~-> 01:21:23 |I'm not gonna and I can't change. So if it's a bother, something for you, eat | ||
929 | |928 |01:21:23 ~-~-> 01:21:27 |it, eat it, eat it, eat it, eat it. Okay, because nothing else I can do but | ||
930 | |929 |01:21:27 ~-~-> 01:21:36 |this. But once we have the entries in here, then I simply allow the profit | ||
931 | |930 |01:21:37 ~-~-> 01:21:42 |phase to unfold. That means the portion where the price starts to run in your | ||
932 | |931 |01:21:42 ~-~-> 01:21:48 |favor, and you simply let it go, and it trades to the top of the dual volume | ||
933 | |932 |01:21:48 ~-~-> 01:21:52 |imbalances on the daily chart, which is this area here. And then what does it | ||
934 | |933 |01:21:52 ~-~-> 01:22:00 |create a volume of balance. This can act as a breakaway cap. Okay, so whenever | ||
935 | |934 |01:22:00 ~-~-> 01:22:09 |you look for a level that's going to be a threshold for determining the the | ||
936 | |935 |01:22:09 ~-~-> 01:22:15 |strength, okay, or the magnitude of the price run that you're a part of, you | ||
937 | |936 |01:22:15 ~-~-> 01:22:18 |don't want to see it. Do something like where it just trace the top of that blue | ||
938 | |937 |01:22:18 ~-~-> 01:22:22 |line there and then come back down. You don't want to see that. You want to see | ||
939 | |938 |01:22:22 ~-~-> 01:22:28 |it leave and either create a buy center, balance, sell sign and efficiency, which | ||
940 | |939 |01:22:28 ~-~-> 01:22:31 |is like the reverse of this big down close candle. You want to see something | ||
941 | |940 |01:22:31 ~-~-> 01:22:35 |like that to the upside. And then when I see those types of things where it's | ||
942 | |941 |01:22:35 ~-~-> 01:22:39 |breaking out of a higher Time Frame. PDA, right? I like to see imbalances | ||
943 | |942 |01:22:39 ~-~-> 01:22:42 |created there. And then I like to see them stay open. Don't take my word for | ||
944 | |943 |01:22:42 ~-~-> 01:22:46 |it. Look at every single one of my examples. You'll see that's actually | ||
945 | |944 |01:22:46 ~-~-> 01:22:51 |happening all the time. I'll write down optimal if it remains unfilled. I'd like | ||
946 | |945 |01:22:51 ~-~-> 01:22:56 |to see this stay unfilled. Optimal if doesn't come back and trade to hear | ||
947 | |946 |01:22:56 ~-~-> 01:23:00 |something that affect I'm always drawing your attention to what you later to find | ||
948 | |947 |01:23:00 ~-~-> 01:23:05 |out is a breakaway gap, okay? Or if it's in the middle of the move, it could be a | ||
949 | |948 |01:23:06 ~-~-> 01:23:09 |breakaway gap, by definition, but it's half of the move, so that means it's a | ||
950 | |949 |01:23:09 ~-~-> 01:23:15 |measuring gap. So that means that I have another price leg equal to whatever the | ||
951 | |950 |01:23:16 ~-~-> 01:23:21 |first portion was, okay? So what would that mean? What would that look like? | ||
952 | |951 |01:23:21 ~-~-> 01:23:24 |We're going to say that if you're using this logic here, with that volume of | ||
953 | |952 |01:23:24 ~-~-> 01:23:29 |balance being equivalent to a measuring gap, you could do something like this. | ||
954 | |953 |01:23:29 ~-~-> 01:23:35 |You can go, this is the beginning of the move. Draw your your your fib up to | ||
955 | |954 |01:23:36 ~-~-> 01:23:40 |watch the I gotta drop this for a second. Watch the 50% level here. Keep | ||
956 | |955 |01:23:40 ~-~-> 01:23:46 |your irate on here, on this, on this number here, okay, I'm putting that rate | ||
957 | |956 |01:23:46 ~-~-> 01:23:52 |at the bottom of the gap. Oh, I'm sorry, the volume and balance right there. You | ||
958 | |957 |01:23:52 ~-~-> 01:23:56 |see what I did there. That's the volume of balance that's above the dual volume | ||
959 | |958 |01:23:58 ~-~-> 01:24:03 |of balance on the daily chart, 50% levels there. Okay, so that means up | ||
960 | |959 |01:24:03 ~-~-> 01:24:10 |here, this would be the first leg, and the second leg is this up to here, and | ||
961 | |960 |01:24:10 ~-~-> 01:24:15 |you can wait for a run to that level there. If this was a measuring it, which | ||
962 | |961 |01:24:15 ~-~-> 01:24:19 |is not it just means this is a breakaway cap, which means it's a whole lot more | ||
963 | |962 |01:24:19 ~-~-> 01:24:26 |move coming. So I just taught you the distinction between breakaway gap and in | ||
964 | |963 |01:24:26 ~-~-> 01:24:30 |a measuring gap, but the whenever you're leaving a higher Time Frame, PD array | ||
965 | |964 |01:24:30 ~-~-> 01:24:36 |when you're bullish or bearish. I always invite the opportunity to see a buy side | ||
966 | |965 |01:24:36 ~-~-> 01:24:39 |of balance cell sign efficiency when it's moving higher, or a sell side | ||
967 | |966 |01:24:39 ~-~-> 01:24:43 |imbalance by sign efficiency when it's moving lower, and then I like to see | ||
968 | |967 |01:24:43 ~-~-> 01:24:50 |those things stay open. Why? Because if you see the market rally like this, up | ||
969 | |968 |01:24:50 ~-~-> 01:24:55 |out of here to cancel any idea that anyone can say that I'm trading off a | ||
970 | |969 |01:24:55 ~-~-> 01:24:59 |support and resistance classic. SNR, they would expect it to come back down | ||
971 | |970 |01:24:59 ~-~-> 01:25:05 |to that level. Been treated as what resistance broken turn support, the best | ||
972 | |971 |01:25:05 ~-~-> 01:25:09 |moves are going to be seen where classics and sport and resistance are | ||
973 | |972 |01:25:09 ~-~-> 01:25:12 |being denied, they're not giving them a seat. Think about what I'm teaching you. | ||
974 | |973 |01:25:12 ~-~-> 01:25:18 |I'm teaching you how to cannibalize less informed Street money. Why would the | ||
975 | |974 |01:25:18 ~-~-> 01:25:23 |market makers? Why would the algo. Why would the street money ever get a free | ||
976 | |975 |01:25:23 ~-~-> 01:25:30 |ride with VIP seating? Why would they ever be given that when it's they | ||
977 | |976 |01:25:30 ~-~-> 01:25:35 |themselves that are being cannibalized like the lion doesn't stand over top of | ||
978 | |977 |01:25:35 ~-~-> 01:25:38 |its prey and say, Hey, listen, do you want me to comb, comb through your hair | ||
979 | |978 |01:25:38 ~-~-> 01:25:43 |and get the ticks out before I eat you? It doesn't do that just like it doesn't | ||
980 | |979 |01:25:43 ~-~-> 01:25:48 |look down and apologize before it eats, it just eats. So it's not going to set a | ||
981 | |980 |01:25:48 ~-~-> 01:25:57 |table for its prey. It is dinner. So I look for these signatures where retail | ||
982 | |981 |01:25:57 ~-~-> 01:26:00 |would expect, Hey, okay, maybe if it goes down here, I can get it wrong. | ||
983 | |982 |01:26:00 ~-~-> 01:26:03 |Elvis has left the building. Goodbye, see you later. | ||
984 | |983 |01:26:05 ~-~-> 01:26:12 |Zoom, zoom, baby. So the first relative equal highs here, that's buy side. You | ||
985 | |984 |01:26:12 ~-~-> 01:26:16 |can see at the actual high candles. Notice that. See how it does that. It's | ||
986 | |985 |01:26:16 ~-~-> 01:26:21 |just beautiful, like I know what I'm doing, the rally above the second buy | ||
987 | |986 |01:26:21 ~-~-> 01:26:26 |side imbalance. I'm sorry, the buy side liquidity pool was this one here, the | ||
988 | |987 |01:26:26 ~-~-> 01:26:30 |minor this was all on the recording last night. And then just placing it right at | ||
989 | |988 |01:26:30 ~-~-> 01:26:33 |that, that level here, or just before it, you can see, there's the excerpt, | ||
990 | |989 |01:26:33 ~-~-> 01:26:38 |there's a little carrot popping out right down there. See that? And then | ||
991 | |990 |01:26:38 ~-~-> 01:26:45 |ultimately we have the 287 level that buy side, and you can see that being | ||
992 | |991 |01:26:45 ~-~-> 01:26:54 |hammered right there. See that, no market replay, okay? So when you see | ||
993 | |992 |01:26:54 ~-~-> 01:27:00 |trades like that, I could have used the trailing behind the candlesticks when we | ||
994 | |993 |01:27:00 ~-~-> 01:27:06 |rally above here by having the stop loss on the balance of eight contracts, I | ||
995 | |994 |01:27:06 ~-~-> 01:27:10 |could trail it here and let it rally up, and every time it created a short, let | ||
996 | |995 |01:27:10 ~-~-> 01:27:14 |me take the execution off real quick and explain this, and then we'll get into | ||
997 | |996 |01:27:15 ~-~-> 01:27:24 |The drills today. As the market traded above here, placing the stop loss of E | ||
998 | |997 |01:27:24 ~-~-> 01:27:32 |contracts there, and as it made a higher high here, rate on this. This is called | ||
999 | |998 |01:27:32 ~-~-> 01:27:38 |running down equity, okay, every single time it creates a higher high, that's | ||
1000 | |999 |01:27:38 ~-~-> 01:27:43 |not what I want to do. There you go. Every time it made a higher high, like | ||
1001 | |1000 |01:27:43 ~-~-> 01:27:47 |it did here, I could take one of the eight contracts off, wait for a swing | ||
1002 | |1001 |01:27:47 ~-~-> 01:27:51 |high to form, and then when it trades above this swing high, take another | ||
1003 | |1002 |01:27:51 ~-~-> 01:27:55 |contract off. And this high here, if it takes out that, take another contract | ||
1004 | |1003 |01:27:55 ~-~-> 01:27:59 |off and this high here, when it breaks above that, take another contract off | ||
1005 | |1004 |01:27:59 ~-~-> 01:28:04 |here, the whole time trailing up the remaining balance. So that way, you're | ||
1006 | |1005 |01:28:04 ~-~-> 01:28:08 |strangling and choking like a noose around the neck of this trait. You're | ||
1007 | |1006 |01:28:08 ~-~-> 01:28:12 |getting every ounce of blood from it, squeezing it. And then finally, it would | ||
1008 | |1007 |01:28:12 ~-~-> 01:28:15 |eventually stop you out on whatever remaining portion you had, because | ||
1009 | |1008 |01:28:15 ~-~-> 01:28:18 |there's not enough swing highs here to get eight contracts all by doing | ||
1010 | |1009 |01:28:18 ~-~-> 01:28:23 |singles. And then ultimately it just rolls down. You would have stopped out, | ||
1011 | |1010 |01:28:23 ~-~-> 01:28:27 |but I I was tired. I want to get to bed last night. And then when I laid in bed, | ||
1012 | |1011 |01:28:27 ~-~-> 01:28:33 |I kept going on Twitter and kept going on on my private mentorship groups. So | ||
1013 | |1012 |01:28:33 ~-~-> 01:28:37 |But ultimately, you can see it end up becoming a market maker, sell model, | ||
1014 | |1013 |01:28:38 ~-~-> 01:28:40 |which is shown here. | ||
1015 | |1014 |01:28:47 ~-~-> 01:28:55 |Original consolidation, Smart Money reversal, low risk. Cell inside this | ||
1016 | |1015 |01:28:55 ~-~-> 01:29:00 |inefficiency here, first stage distribution, second stage | ||
1017 | |1016 |01:29:00 ~-~-> 01:29:06 |redistribution, and where's it trade down to where's it, where's it trade to | ||
1018 | |1017 |01:29:09 ~-~-> 01:29:13 |another level that's on my notepad, but you can see now visually, it's the high | ||
1019 | |1018 |01:29:13 ~-~-> 01:29:17 |of yesterday, Monday, September 30, 2024. Is first presented. Fair Value got | ||
1020 | |1019 |01:29:18 ~-~-> 01:29:23 |high. Holy shit. You're telling me that these inefficiencies work past the day | ||
1021 | |1020 |01:29:23 ~-~-> 01:29:27 |they were formed? Yeah, there's this guy calls himself ICT. I don't fucking | ||
1022 | |1021 |01:29:27 ~-~-> 01:29:33 |understand why he calls himself that, but he said that these gaps can last for | ||
1023 | |1022 |01:29:33 ~-~-> 01:29:38 |several days. Can you imagine that? Can you imagine the shock and awe, the | ||
1024 | |1023 |01:29:38 ~-~-> 01:29:45 |disruption in the industry if people started paying attention to that, oh, | ||
1025 | |1024 |01:29:45 ~-~-> 01:29:50 |shoot that guy. ICT, anyway, we're gonna take these lines off here, because we | ||
1026 | |1025 |01:29:50 ~-~-> 01:29:55 |don't need them. That's a distraction, and this is a distraction, and this is a | ||
1027 | |1026 |01:29:55 ~-~-> 01:30:03 |distraction. This is a distraction. I. And we don't need the sell side mine | ||
1028 | |1027 |01:30:03 ~-~-> 01:30:12 |anymore. What was that? I need that? Take this off and then wait. I don't | ||
1029 | |1028 |01:30:12 ~-~-> 01:30:17 |need that. These are the quadrant levels. I don't need that at all. All | ||
1030 | |1029 |01:30:17 ~-~-> 01:30:23 |right, so that's the business, okay? So hopefully that explained the trade. That | ||
1031 | |1030 |01:30:23 ~-~-> 01:30:28 |also explained Indigo entry is simply just a purge of liquidity. It's bullish | ||
1032 | |1031 |01:30:28 ~-~-> 01:30:32 |or bearish, and the order block that trades into the liquidity, it has a | ||
1033 | |1032 |01:30:32 ~-~-> 01:30:37 |volume imbalance on the top of it or below it, respective to it being bullish | ||
1034 | |1033 |01:30:37 ~-~-> 01:30:44 |or bearish, okay, and that's all it is. So now we're going to go to the part | ||
1035 | |1034 |01:30:44 ~-~-> 01:30:50 |where I have to remind you that this is not a signal service. It is not for you | ||
1036 | |1035 |01:30:50 ~-~-> 01:30:55 |to copy with a real account. You are going to lose today if you do everything | ||
1037 | |1036 |01:30:55 ~-~-> 01:30:59 |I'm going to do in front of you, everything I'm telling you that I'm | ||
1038 | |1037 |01:30:59 ~-~-> 01:31:05 |going to execute on. Okay, I am not promising you a positive outcome. I'm | ||
1039 | |1038 |01:31:05 ~-~-> 01:31:10 |not trying to trick you into a losing trade. I'm not trying to get into a | ||
1040 | |1039 |01:31:10 ~-~-> 01:31:15 |winning trade and say, Oh, I lost because I meant to do that. I'm | ||
1041 | |1040 |01:31:15 ~-~-> 01:31:20 |literally teaching how my son is to overcome his fear about executing with a | ||
1042 | |1041 |01:31:20 ~-~-> 01:31:25 |limit order. Because right now he's plunking down just market orders. Right | ||
1043 | |1042 |01:31:25 ~-~-> 01:31:29 |now he's working with a top step account. He's got, I think he said | ||
1044 | |1043 |01:31:29 ~-~-> 01:31:33 |$1,200 I don't know how they work. To be honest with you, they said he's at | ||
1045 | |1044 |01:31:33 ~-~-> 01:31:38 |$1,200 or so, and then he gets what they call funded. So I guess I don't know | ||
1046 | |1045 |01:31:39 ~-~-> 01:31:43 |what I don't know what that really means. I just know that Cameron's done | ||
1047 | |1046 |01:31:43 ~-~-> 01:31:49 |it before he got to pay out. And Caleb has the lowest account, whatever account | ||
1048 | |1047 |01:31:49 ~-~-> 01:31:55 |size that was, that's what he has. He only has one of them, and he's trying to | ||
1049 | |1048 |01:31:55 ~-~-> 01:31:59 |get funded by tomorrow. That that is his goal. I told him. I said, What happens | ||
1050 | |1049 |01:31:59 ~-~-> 01:32:02 |if you do it by Friday, or what if you do it by next week? What's the what's | ||
1051 | |1050 |01:32:02 ~-~-> 01:32:07 |the hold up? Like, what's the big deal? He's just trying to do it. So we'll see. | ||
1052 | |1051 |01:32:07 ~-~-> 01:32:14 |Okay, but he's had consecutive winning days, and there it is. So once, once he | ||
1053 | |1052 |01:32:14 ~-~-> 01:32:20 |gets it accomplished, I'll have him send me the proof of it, and then I'll I'll | ||
1054 | |1053 |01:32:20 ~-~-> 01:32:24 |tweet it in that way you can see it. And then he'll have, I guess, a funded | ||
1055 | |1054 |01:32:24 ~-~-> 01:32:33 |account. And then his goal is, he's to make his weekly salary for four weeks, | ||
1056 | |1055 |01:32:33 ~-~-> 01:32:38 |but when he makes it, he has to stop trading. Now imagine that right like | ||
1057 | |1056 |01:32:38 ~-~-> 01:32:42 |he's going to be in a position where he could potentially take money out of | ||
1058 | |1057 |01:32:42 ~-~-> 01:32:48 |whatever this account is, and he knows that he can do more, and he knows that | ||
1059 | |1058 |01:32:49 ~-~-> 01:32:55 |I'm watching him, and I'm holding him to the fire, that he has to do this. So the | ||
1060 | |1059 |01:32:55 ~-~-> 01:33:02 |first rule of fight club is you have to, don't talk about, don't don't talk about | ||
1061 | |1060 |01:33:02 ~-~-> 01:33:05 |fight club. Obviously, that's the first rule. Okay? So in trading, you don't go | ||
1062 | |1061 |01:33:05 ~-~-> 01:33:08 |to work and tell everybody that you're going to quit your job. You don't tell | ||
1063 | |1062 |01:33:08 ~-~-> 01:33:12 |Carl what you're going to do. You don't tell Carl that you're trading. You don't | ||
1064 | |1063 |01:33:12 ~-~-> 01:33:15 |tell Carl you just got a funded account. You don't tell Carl you just put money | ||
1065 | |1064 |01:33:15 ~-~-> 01:33:20 |in a real account. You keep everybody in the blind. Don't talk about it, okay? | ||
1066 | |1065 |01:33:21 ~-~-> 01:33:29 |And I'm teaching him to trust that with one contract, one contract, not five, | ||
1067 | |1066 |01:33:29 ~-~-> 01:33:36 |not 20, not 15, not 30, whatever it is they offer. One never, ever, ever, ever, | ||
1068 | |1067 |01:33:36 ~-~-> 01:33:41 |ever, more than one contract. I don't give a what size contract you got funded | ||
1069 | |1068 |01:33:41 ~-~-> 01:33:46 |with trade with one contract, one because if you can't quit your job with | ||
1070 | |1069 |01:33:46 ~-~-> 01:33:49 |that one contract, doing more than one contract is only thing it's going to do. | ||
1071 | |1070 |01:33:49 ~-~-> 01:33:52 |It's going to guarantee that you're going to blow it. You're going to have | ||
1072 | |1071 |01:33:52 ~-~-> 01:33:56 |more fear about the outcome of that trade, because you're trading with | ||
1073 | |1072 |01:33:56 ~-~-> 01:34:01 |leverage that you really can't afford to be using. So one contract retires you. | ||
1074 | |1073 |01:34:01 ~-~-> 01:34:06 |One contract removes you from your job, your long commutes. Caleb, one contract | ||
1075 | |1074 |01:34:06 ~-~-> 01:34:10 |does that. So when you feel the impulse to go into two contracts or three | ||
1076 | |1075 |01:34:10 ~-~-> 01:34:14 |contracts, or if you do finally get a losing trade, don't think you got to | ||
1077 | |1076 |01:34:14 ~-~-> 01:34:19 |correct it by doing two contracts. Just go home with a loss. It's not a problem. | ||
1078 | |1077 |01:34:19 ~-~-> 01:34:23 |It's not a big deal. It's easy to fix that, but you don't want to start all | ||
1079 | |1078 |01:34:23 ~-~-> 01:34:27 |over again and go through the process of what you've already accomplished already | ||
1080 | |1079 |01:34:27 ~-~-> 01:34:34 |okay? You're doing it right. Just be patient. So I'm going to type this out, | ||
1081 | |1080 |01:34:35 ~-~-> 01:34:42 |okay, and it's going to be a reminder to you all, okay, this is called volatility | ||
1082 | |1081 |01:34:42 ~-~-> 01:34:46 |pinball, meaning that what I'm going to be doing is I'm going to be buying and | ||
1083 | |1082 |01:34:46 ~-~-> 01:34:51 |selling with a limit order and using limit orders to exit. And we're going to | ||
1084 | |1083 |01:34:51 ~-~-> 01:34:54 |teach Caleb, and you're all going to learn how to do it as well, how to | ||
1085 | |1084 |01:34:54 ~-~-> 01:34:59 |practice with a demo account and desensitize yourself to price action | ||
1086 | |1085 |01:34:59 ~-~-> 01:35:06 |also. Reading, order flow, running against liquidity, trading | ||
1087 | |1086 |01:35:06 ~-~-> 01:35:10 |inefficiencies. Okay? You want to learn how to pick the right fair value you | ||
1088 | |1087 |01:35:10 ~-~-> 01:35:14 |got. You want to learn how to pick the right order block. You want to learn the | ||
1089 | |1088 |01:35:14 ~-~-> 01:35:20 |right draw and liquidity. This is how you do it. My books are not going to | ||
1090 | |1089 |01:35:20 ~-~-> 01:35:24 |help you. My videos aren't going to help you. Paying somebody else to talk about | ||
1091 | |1090 |01:35:24 ~-~-> 01:35:28 |my stuff, parroting it and sometimes saying it, many times saying it wrong, | ||
1092 | |1091 |01:35:28 ~-~-> 01:35:34 |they're not going to help you. Watching streamlined five minute trainers. Of my | ||
1093 | |1092 |01:35:34 ~-~-> 01:35:40 |content is not going to help you. All of that stuff is useless until you get into | ||
1094 | |1093 |01:35:40 ~-~-> 01:35:44 |the chart and do what I'm about to show you today, you got to press the button. | ||
1095 | |1094 |01:35:44 ~-~-> 01:35:49 |You have to have something engaging your attention so that way you can see it. | ||
1096 | |1095 |01:35:49 ~-~-> 01:35:55 |You have to feel it. Now I want you to think about something. I got 1.4 million | ||
1097 | |1096 |01:35:55 ~-~-> 01:35:59 |followers on YouTube. I have actually more than that, because the majority of | ||
1098 | |1097 |01:35:59 ~-~-> 01:36:03 |the comment section are left by people that don't follow the channel. So | ||
1099 | |1098 |01:36:03 ~-~-> 01:36:08 |there's a lot more people following me and watching my stuff than you see. They | ||
1100 | |1099 |01:36:08 ~-~-> 01:36:11 |download the videos. That's why the views aren't as high as they are. They | ||
1101 | |1100 |01:36:11 ~-~-> 01:36:14 |don't watch them. They download them because they're afraid I'm going to | ||
1102 | |1101 |01:36:14 ~-~-> 01:36:17 |delete the channels, or somebody's going to come in say, let's get this guy's | ||
1103 | |1102 |01:36:17 ~-~-> 01:36:22 |shit off the internet. It's making people really rich, so, I mean, you're | ||
1104 | |1103 |01:36:22 ~-~-> 01:36:25 |welcome to download them. I don't care. I mean, I'm putting out there for public | ||
1105 | |1104 |01:36:25 ~-~-> 01:36:33 |consumption, consumption anyway. But the idea is this, okay when we're looking at | ||
1106 | |1105 |01:36:33 ~-~-> 01:36:37 |price action, I'm going to I'm | ||
1107 | |1106 |01:36:45 ~-~-> 01:36:52 |to magnify this, and we're going to trade inside of every current dealing | ||
1108 | |1107 |01:36:52 ~-~-> 01:36:57 |range. Now this is going to chop up your account. If you try to do this with real | ||
1109 | |1108 |01:36:57 ~-~-> 01:37:02 |money, or if you're trying to trade this with me with a funded account, you're | ||
1110 | |1109 |01:37:02 ~-~-> 01:37:06 |going to get beat the fuck up. Okay, it's not about the making money, and | ||
1111 | |1110 |01:37:06 ~-~-> 01:37:11 |it's not about losing a little bit. It's about entering. It's about using | ||
1112 | |1111 |01:37:11 ~-~-> 01:37:16 |specific price points to enter and practicing and then seeing what it feels | ||
1113 | |1112 |01:37:16 ~-~-> 01:37:20 |like when you get into them. And over time, what will happen is you're going | ||
1114 | |1113 |01:37:20 ~-~-> 01:37:25 |to see a graduated improvement in what you're seeing in your chart and what | ||
1115 | |1114 |01:37:25 ~-~-> 01:37:30 |you're keying up on as an entry, okay? You'll see what I mean when we go | ||
1116 | |1115 |01:37:30 ~-~-> 01:37:34 |through the first couple of them. I'm just going to wing it. I'm just going to | ||
1117 | |1116 |01:37:34 ~-~-> 01:37:38 |toss it in there and say, Okay, I want to see it go to this liquidity or this | ||
1118 | |1117 |01:37:38 ~-~-> 01:37:42 |high or low, okay? Or this inefficiency above or below, but let me get this | ||
1119 | |1118 |01:37:42 ~-~-> 01:37:46 |chart set up and type out my disclaimer first, because otherwise, Yahoos are | ||
1120 | |1119 |01:37:46 ~-~-> 01:37:50 |going to take this and have a field day with it. But hopefully, I don't know, | ||
1121 | |1120 |01:37:50 ~-~-> 01:37:53 |I'm not sure how many people are actually watching right now live, but | ||
1122 | |1121 |01:37:54 ~-~-> 01:37:59 |hopefully you guys can appreciate what I'm doing here and what I'm explaining | ||
1123 | |1122 |01:37:59 ~-~-> 01:38:03 |is not for you to think as this is me taking trades to make money. That's not | ||
1124 | |1123 |01:38:03 ~-~-> 01:38:12 |what this is. Oh, real quick. Let me show you this. This is what I do every | ||
1125 | |1124 |01:38:12 ~-~-> 01:38:19 |single session. Okay? For disclosure and for compliance reasons, I am not a | ||
1126 | |1125 |01:38:19 ~-~-> 01:38:24 |financial advisor, okay? In the United States, I do not hold a certified trade | ||
1127 | |1126 |01:38:24 ~-~-> 01:38:31 |advisor license. I I'm not legally in a position to tell you how to invest your | ||
1128 | |1127 |01:38:31 ~-~-> 01:38:35 |money. That's why we're talking over top of a paper trading account. You see that | ||
1129 | |1128 |01:38:35 ~-~-> 01:38:39 |now watch what happens when I click on this. Okay? You can see that the balance | ||
1130 | |1129 |01:38:39 ~-~-> 01:38:46 |is 112,020 $200 okay, that's the profit from last night's Asian session trade. | ||
1131 | |1130 |01:38:47 ~-~-> 01:38:54 |You see the date on that right there? What I do is I'll log that. I'll put the | ||
1132 | |1131 |01:38:54 ~-~-> 01:38:59 |date in. I'll give any kind of reference point that's going to be a major driver | ||
1133 | |1132 |01:38:59 ~-~-> 01:39:05 |for the day. And because I know that if I click on this little area over here | ||
1134 | |1133 |01:39:06 ~-~-> 01:39:12 |and I click on chat, you're going to see trading view talking to me. Trading | ||
1135 | |1134 |01:39:12 ~-~-> 01:39:17 |views asked me to have a partnership and affiliate program with them. Okay, I | ||
1136 | |1135 |01:39:17 ~-~-> 01:39:23 |have respectfully declined. I have these already recorded in screenshot, in case | ||
1137 | |1136 |01:39:23 ~-~-> 01:39:26 |they delete it, so that way it never you know looks like I'm telling you | ||
1138 | |1137 |01:39:26 ~-~-> 01:39:30 |something that's not true or you I don't want any kind of bullshit coming from | ||
1139 | |1138 |01:39:30 ~-~-> 01:39:35 |it. I want to be able to use this platform, because my community has asked | ||
1140 | |1139 |01:39:35 ~-~-> 01:39:39 |me to use this platform. When I left MT four, I asked everybody that was my | ||
1141 | |1140 |01:39:39 ~-~-> 01:39:44 |community, I said, what platform would you like me to use? And they all | ||
1142 | |1141 |01:39:44 ~-~-> 01:39:50 |predominantly said this one. So I didn't choose this platform. My community chose | ||
1143 | |1142 |01:39:50 ~-~-> 01:39:57 |it for me. Now think about this. Okay, I know some of you can't get this. Some of | ||
1144 | |1143 |01:39:57 ~-~-> 01:40:02 |you just cannot fucking fathom why. Anybody would do this, okay, but think | ||
1145 | |1144 |01:40:02 ~-~-> 01:40:08 |about it logically. If you see me taking trades, okay, here's the historical tab, | ||
1146 | |1145 |01:40:08 ~-~-> 01:40:12 |and it's only going to show you the trades that I did last night. These are | ||
1147 | |1146 |01:40:12 ~-~-> 01:40:18 |the executions. Everything is here. Everything here is directly related to | ||
1148 | |1147 |01:40:18 ~-~-> 01:40:23 |what was shown in here. My puppy snoring like | ||
1149 | |1148 |01:40:39 ~-~-> 01:40:43 |that's these trades right here, okay, everything here and what I recorded and | ||
1150 | |1149 |01:40:43 ~-~-> 01:40:50 |shared on Twitter last night that's this. Now, what happens? What happens if | ||
1151 | |1150 |01:40:50 ~-~-> 01:40:56 |you work for trading view? What happens if you have the access to see my | ||
1152 | |1151 |01:40:56 ~-~-> 01:41:02 |account? Okay, I don't give a flying fuck if you feel this way, but this is | ||
1153 | |1152 |01:41:02 ~-~-> 01:41:07 |how I view it, okay? And because I have a measure of obsessive compulsive | ||
1154 | |1153 |01:41:07 ~-~-> 01:41:11 |disorder, I don't want this in the back of my mind, because all it's always in | ||
1155 | |1154 |01:41:11 ~-~-> 01:41:15 |the back of my mind. So this is exactly what I did. I'm going to show you | ||
1156 | |1155 |01:41:15 ~-~-> 01:41:19 |exactly what I do. I've shown this to my private mentorship group. This is | ||
1157 | |1156 |01:41:19 ~-~-> 01:41:24 |exactly what I do every fucking day in TradingView. I do this every single day. | ||
1158 | |1157 |01:41:24 ~-~-> 01:41:32 |Do you see any red here? Do you see that? No, every session, every new | ||
1159 | |1158 |01:41:32 ~-~-> 01:41:37 |session start. Okay, sometimes I'll see a Yahoo saying, oh, yeah, show us a | ||
1160 | |1159 |01:41:37 ~-~-> 01:41:42 |trade history. You reset. When I see that, I immediately say, Okay, I'm going | ||
1161 | |1160 |01:41:42 ~-~-> 01:41:45 |to keep the account active and I'll do another trade, so that way you can see | ||
1162 | |1161 |01:41:45 ~-~-> 01:41:48 |the previous session trade was still in it. And I'll delete the executions. I'll | ||
1163 | |1162 |01:41:48 ~-~-> 01:41:52 |go to show the s, p contract and come back to the NQ. Because if you do that | ||
1164 | |1163 |01:41:52 ~-~-> 01:41:56 |and you reset your account, you won't be able to pull the old executions up. They | ||
1165 | |1164 |01:41:56 ~-~-> 01:42:03 |just they won't be able to be retrieved. So because, and I'm gonna say this for | ||
1166 | |1165 |01:42:03 ~-~-> 01:42:07 |the last fucking time, and if anybody has a problem with this, you can direct | ||
1167 | |1166 |01:42:07 ~-~-> 01:42:10 |them to this minute mark or this video, because I don't give a fuck anymore. I | ||
1168 | |1167 |01:42:10 ~-~-> 01:42:15 |really I'm tired of it. I understand that a lot of people out there cannot | ||
1169 | |1168 |01:42:16 ~-~-> 01:42:20 |accept the fact that I know what I'm doing. And you love to say I can't | ||
1170 | |1169 |01:42:20 ~-~-> 01:42:24 |trade. And I love watching you type that shit out, because it literally gives me | ||
1171 | |1170 |01:42:24 ~-~-> 01:42:29 |a fucking raging heart on because you believe you're bullshit, and I love it. | ||
1172 | |1171 |01:42:29 ~-~-> 01:42:36 |But I want you to understand if there is a way that trading view can pull up all | ||
1173 | |1172 |01:42:36 ~-~-> 01:42:42 |of my annotations. If I can pull up, listen, if I can sign out a trading view | ||
1174 | |1173 |01:42:43 ~-~-> 01:42:51 |right now, and I saved, if I, if I use the the layout right now, have naked it | ||
1175 | |1174 |01:42:51 ~-~-> 01:42:55 |was just simply me using a brand new, fresh chart, and I marked it all up | ||
1176 | |1175 |01:42:56 ~-~-> 01:42:59 |based on yesterday's analysis with PAL and all that. So I did everything in | ||
1177 | |1176 |01:42:59 ~-~-> 01:43:06 |front of you live with all the markups. If I sign out of TradingView and I come | ||
1178 | |1177 |01:43:06 ~-~-> 01:43:10 |back to at a later time, a week later, these annotations that I left there are | ||
1179 | |1178 |01:43:10 ~-~-> 01:43:18 |going to be waiting for me. Do you think that it's reasonable to assume that | ||
1180 | |1179 |01:43:18 ~-~-> 01:43:24 |anyone in the right position of trading view that they can go into my charts and | ||
1181 | |1180 |01:43:24 ~-~-> 01:43:28 |see what annotations I have noted. It's pretty reasonable to anticipate that | ||
1182 | |1181 |01:43:28 ~-~-> 01:43:31 |that is likely, very likely, right, because if I can pull up the | ||
1183 | |1182 |01:43:31 ~-~-> 01:43:37 |information, why certainly, shouldn't they be able to do it? Now take it one | ||
1184 | |1183 |01:43:37 ~-~-> 01:43:44 |step further. What happens when I have an account that they have clearly seen | ||
1185 | |1184 |01:43:44 ~-~-> 01:43:49 |me fucking run these things up. I've proven it with my private mentorship. | ||
1186 | |1185 |01:43:49 ~-~-> 01:43:55 |I've ran up an account. I've showed the entire full history. I've done huge | ||
1187 | |1186 |01:43:55 ~-~-> 01:44:02 |fucking runs, huge runs, millions of dollars in these things. Okay, I don't | ||
1188 | |1187 |01:44:02 ~-~-> 01:44:06 |like the fact that they could very easily do what many of you do with your | ||
1189 | |1188 |01:44:06 ~-~-> 01:44:14 |funded accounts, put a trade copier on it. So I am of the the belief, and I | ||
1190 | |1189 |01:44:14 ~-~-> 01:44:18 |mean this in in all sincerity, but still to the point where I know it's going to | ||
1191 | |1190 |01:44:18 ~-~-> 01:44:22 |be nauseating to sound narcissistic and egotistical, but there is nobody on this | ||
1192 | |1191 |01:44:22 ~-~-> 01:44:26 |fucking planet is going to be able to trade like me. They're not going to be | ||
1193 | |1192 |01:44:26 ~-~-> 01:44:30 |able to trade like me, not as a consistent not as perfect as I can be as | ||
1194 | |1193 |01:44:30 ~-~-> 01:44:35 |I want to be. I can turn it on and turn it off, but here I'm at a disadvantage | ||
1195 | |1194 |01:44:35 ~-~-> 01:44:41 |because I'm inside of their realm. I'm inside their little circle, okay, and | ||
1196 | |1195 |01:44:41 ~-~-> 01:44:48 |they can see everything that I'm doing at the moment. So what I do is to keep | ||
1197 | |1196 |01:44:48 ~-~-> 01:44:53 |these motherfuckers from doing that every session. When I'm done showing an | ||
1198 | |1197 |01:44:53 ~-~-> 01:44:57 |example, watch what happens. Ready. I go over this little box, first little this | ||
1199 | |1198 |01:44:57 ~-~-> 01:45:02 |little gear thing here. Okay, I click. Going it and then I do this. Watch this, | ||
1200 | |1199 |01:45:02 ~-~-> 01:45:06 |right? It costs me no money at all. It's free. Watch that. Ready. Look, watch | ||
1201 | |1200 |01:45:06 ~-~-> 01:45:16 |what happens. Ready, it's going. It's gone. I've proven this with my private | ||
1202 | |1201 |01:45:16 ~-~-> 01:45:19 |mentorship students, because I've had students there to say, you know, how do | ||
1203 | |1202 |01:45:19 ~-~-> 01:45:23 |we know? How do we know? I'm telling you, I reset every session after I make | ||
1204 | |1203 |01:45:23 ~-~-> 01:45:27 |a winning trade, I delete the fucking account and start all over again. I | ||
1205 | |1204 |01:45:27 ~-~-> 01:45:32 |don't give anybody at TradingView the opportunity ever to copy me. And then | ||
1206 | |1205 |01:45:32 ~-~-> 01:45:36 |what I'll do is, because I've created a new account, I always do this, watch, | ||
1207 | |1206 |01:45:36 ~-~-> 01:45:41 |watch, pay close attention now, because it's reset, I go over here, and then | ||
1208 | |1207 |01:45:41 ~-~-> 01:45:49 |I'll go to the chart, and then I'll add this. I'll say, Okay, right now. I want | ||
1209 | |1208 |01:45:49 ~-~-> 01:45:54 |to go long. Don't follow me, by the way, please don't do this. I'm just telling | ||
1210 | |1209 |01:45:54 ~-~-> 01:45:58 |you what it is I do to keep these people from ever wanting or trusting that they | ||
1211 | |1210 |01:45:58 ~-~-> 01:46:04 |can copy me. I want to go along right now, so I'll buy that, and let me show | ||
1212 | |1211 |01:46:04 ~-~-> 01:46:10 |you the orders and stuff. Now, you might think this is a little paranoid. I'm | ||
1213 | |1212 |01:46:10 ~-~-> 01:46:15 |sorry if you think that way, but I know if I had access to filing somebody like | ||
1214 | |1213 |01:46:15 ~-~-> 01:46:20 |myself, I would fucking do it if I could, if I could put a copier account | ||
1215 | |1214 |01:46:20 ~-~-> 01:46:25 |on somebody like me, and I'm and I'm actively in here running mentorships and | ||
1216 | |1215 |01:46:25 ~-~-> 01:46:29 |proving that I could trade and I'm gonna go out with the intended purpose that | ||
1217 | |1216 |01:46:29 ~-~-> 01:46:34 |I'm gonna try to do. Well, if I could put a copying account on that, I'm | ||
1218 | |1217 |01:46:34 ~-~-> 01:46:37 |absolutely fucking gonna do it, and I would risk getting fired doing it. I | ||
1219 | |1218 |01:46:37 ~-~-> 01:46:42 |don't give a fuck. I don't give a fuck, because whatever this guy, ICT, is doing | ||
1220 | |1219 |01:46:42 ~-~-> 01:46:46 |in his account, whether demo or not, and he's making 20, 30,000 $40,000 $100,000 | ||
1221 | |1220 |01:46:47 ~-~-> 01:46:51 |account moves. Come on, man, if I'm leveraged up on that with a funded | ||
1222 | |1221 |01:46:51 ~-~-> 01:46:57 |account, I'm done. I'm the, I'm the I'm the world leader, right? I'm done. And | ||
1223 | |1222 |01:46:57 ~-~-> 01:47:03 |it's done inside of a month. So in my head, that's what's going on. So I have | ||
1224 | |1223 |01:47:03 ~-~-> 01:47:08 |to go through this process of saying, Okay, I need to throw them off. And I do | ||
1225 | |1224 |01:47:08 ~-~-> 01:47:13 |this that helps me. It helps me discard all these things that are very | ||
1226 | |1225 |01:47:13 ~-~-> 01:47:17 |distracting to me, because my mind is going 100,000 miles an hour all the | ||
1227 | |1226 |01:47:17 ~-~-> 01:47:20 |time. And while I'm talking to you, there's several different topics that | ||
1228 | |1227 |01:47:20 ~-~-> 01:47:24 |are trying to fight to get to the front of the line so I can't have anything | ||
1229 | |1228 |01:47:24 ~-~-> 01:47:28 |distracting me, or it's going to mess me up. I won't be able to focus like I | ||
1230 | |1229 |01:47:28 ~-~-> 01:47:32 |can't focus if I if I know that I'm running the same account through | ||
1231 | |1230 |01:47:32 ~-~-> 01:47:37 |TradingView in a demo account, I know that there's a potential for them to | ||
1232 | |1231 |01:47:37 ~-~-> 01:47:41 |copy me for for the purpose of just copying me with a funded account. They | ||
1233 | |1232 |01:47:41 ~-~-> 01:47:46 |don't have to necessarily be risking any real money. They're just risking, I | ||
1234 | |1233 |01:47:46 ~-~-> 01:47:51 |guess, the reset fees. But be honest for a second. Okay, sister sec, even if you | ||
1235 | |1234 |01:47:51 ~-~-> 01:47:55 |don't fucking like me, if you don't believe me, if you don't trust me, you | ||
1236 | |1235 |01:47:55 ~-~-> 01:47:58 |think I'm a fucking guy lives in a gutter somewhere or some fucking slum, | ||
1237 | |1236 |01:47:59 ~-~-> 01:48:05 |whatever you want to think about me. Put yourself in my position. Okay, say you | ||
1238 | |1237 |01:48:05 ~-~-> 01:48:09 |could actually trade this. Suspend your disbelief about whether you think I can | ||
1239 | |1238 |01:48:09 ~-~-> 01:48:14 |trade or not. What happens if it was you and you know you knew how to trade and | ||
1240 | |1239 |01:48:14 ~-~-> 01:48:21 |you could trade really, really good. Would you feel comfortable knowing that | ||
1241 | |1240 |01:48:21 ~-~-> 01:48:28 |anyone at this company could do it, and I would never know. I would never know. | ||
1242 | |1241 |01:48:28 ~-~-> 01:48:33 |You would never know. But because my mind thinks this way, it's a fucking | ||
1243 | |1242 |01:48:33 ~-~-> 01:48:38 |problem for me. It's a very big problem for me, which is the reason why I tell | ||
1244 | |1243 |01:48:38 ~-~-> 01:48:42 |all of you when you follow my live stream and I'm giving you commentary, | ||
1245 | |1244 |01:48:42 ~-~-> 01:48:46 |and it pans out, and you've taken live trades with that with money. Please | ||
1246 | |1245 |01:48:46 ~-~-> 01:48:50 |don't tell me you did that, because it fucks me all up. I don't I don't want to | ||
1247 | |1246 |01:48:50 ~-~-> 01:48:53 |know about that, because every single time I do something in a live stream, | ||
1248 | |1247 |01:48:53 ~-~-> 01:48:59 |I'm going to be worried about you. Did you over leverage? Are you? Are you | ||
1249 | |1248 |01:48:59 ~-~-> 01:49:05 |going to follow what I'm doing and what happens if I'm wrong? What happens if I | ||
1250 | |1249 |01:49:05 ~-~-> 01:49:08 |get a case of the ass and I'm like, You know what I'm gonna show this person? | ||
1251 | |1250 |01:49:08 ~-~-> 01:49:12 |Don't do that. You don't know what it's gonna happen. You don't know how I can | ||
1252 | |1251 |01:49:12 ~-~-> 01:49:16 |turn and flip. Okay, I can swing from one spectrum to the next. So to keep me | ||
1253 | |1252 |01:49:16 ~-~-> 01:49:21 |balanced, I do something like this. I'll go in here. No reason to get into that | ||
1254 | |1253 |01:49:21 ~-~-> 01:49:25 |trade. Think, tell me, tell me what, what in my repertoire tells me to be | ||
1255 | |1254 |01:49:25 ~-~-> 01:49:30 |long there nothing. But what I'll do is I'll put that on, and then I'll go right | ||
1256 | |1255 |01:49:30 ~-~-> 01:49:38 |down here, and I'll reset again, and then I'm set for the session. And then | ||
1257 | |1256 |01:49:38 ~-~-> 01:49:44 |I'll go in, and I'll look for my execution, for my prime mentorship, or | ||
1258 | |1257 |01:49:44 ~-~-> 01:49:51 |if I'm sharing something, or if I'm practicing. So that's the truth, that's | ||
1259 | |1258 |01:49:51 ~-~-> 01:49:57 |what I do. That's why you don't get to see the history tab. But okay, for a | ||
1260 | |1259 |01:49:57 ~-~-> 01:50:01 |week, the final week of our trading. Before we go into the holiday break, | ||
1261 | |1260 |01:50:01 ~-~-> 01:50:05 |which is the last week of this. What is that, actually? | ||
1262 | |1261 |01:50:10 ~-~-> 01:50:15 |So, the Halloween? No, was it the first of November? I'll give you the first of | ||
1263 | |1262 |01:50:15 ~-~-> 01:50:21 |November. That's our last live stream. Okay, the week of October, 28 29th 30th, | ||
1264 | |1263 |01:50:22 ~-~-> 01:50:28 |31st and November 1. I will show you every single thing that happens on the | ||
1265 | |1264 |01:50:28 ~-~-> 01:50:36 |historical tab on on one account. Okay, so Well, that's not 30 days, that's not | ||
1266 | |1265 |01:50:36 ~-~-> 01:50:41 |three months, not that's not six months. I don't owe you that shit, folks, if | ||
1267 | |1266 |01:50:41 ~-~-> 01:50:44 |some of you honestly believe that you're entitled to something, I'm not even | ||
1268 | |1267 |01:50:44 ~-~-> 01:50:47 |you're not entitled to me talking to you at all right now, let alone fucking give | ||
1269 | |1268 |01:50:47 ~-~-> 01:50:52 |you anything else. Like you need to dial back that shit like you think that | ||
1270 | |1269 |01:50:52 ~-~-> 01:50:58 |you're so significant that other people, let alone me, are obligated to bend to | ||
1271 | |1270 |01:50:58 ~-~-> 01:51:01 |your expectations and your in your will, like, Fuck you and your will fuck you | ||
1272 | |1271 |01:51:01 ~-~-> 01:51:04 |and your expectations. I'm here because I want to teach my kids. That's the | ||
1273 | |1272 |01:51:04 ~-~-> 01:51:09 |whole reason why these videos have ever been produced. It's for them. You're | ||
1274 | |1273 |01:51:09 ~-~-> 01:51:15 |just fortunate enough to be listening to it. So now let's go in. Type out The | ||
1275 | |1274 |01:51:15 ~-~-> 01:51:16 |Disclaimer you | ||
1276 | |1275 |01:52:29 ~-~-> 01:52:37 |Okay, so hopefully this is going to be we're going to actually do this on one | ||
1277 | |1276 |01:52:37 ~-~-> 01:52:43 |chart, run that way nothing can be taken out of context with another chart, and | ||
1278 | |1277 |01:52:43 ~-~-> 01:52:54 |that's not what I want to do, so Let's magnify that one. All right. So that way | ||
1279 | |1278 |01:52:55 ~-~-> 01:53:04 |everything is here, and everybody understands now audibly one more time, | ||
1280 | |1279 |01:53:05 ~-~-> 01:53:10 |because I want to be able to know that I've said this ad nauseam, please, | ||
1281 | |1280 |01:53:11 ~-~-> 01:53:21 |please, for your own sake, do not copy me with a Live account. Please do not | ||
1282 | |1281 |01:53:21 ~-~-> 01:53:27 |copy me with a funded account. Combine. Please do not copy me with your funded | ||
1283 | |1282 |01:53:27 ~-~-> 01:53:34 |account. I promise you, if you do this, you're gonna you're gonna incur losing | ||
1284 | |1283 |01:53:34 ~-~-> 01:53:37 |transactions or trades, and that's gonna mean that you're gonna lose money. | ||
1285 | |1284 |01:53:38 ~-~-> 01:53:42 |Please don't do that. The purpose is teach my son how to place a limit order, | ||
1286 | |1285 |01:53:43 ~-~-> 01:53:47 |how to put the stop loss in and how to put a take profit in. So everything is | ||
1287 | |1286 |01:53:47 ~-~-> 01:53:53 |removing the necessity for market orders. Okay? So I'm going to change | ||
1288 | |1287 |01:53:53 ~-~-> 01:53:54 |this to one, | ||
1289 | |1288 |01:53:59 ~-~-> 01:54:03 |all right, and everything that I execute on, I'm going to keep this up here so | ||
1290 | |1289 |01:54:03 ~-~-> 01:54:06 |that we can see it's not Market Replay. We can see that the little button up | ||
1291 | |1290 |01:54:06 ~-~-> 01:54:13 |here is showing that it's the market is open. You all are here live. Okay, so | ||
1292 | |1291 |01:54:13 ~-~-> 01:54:17 |however many that are here, you're seeing what I'm seeing, as it happens, I | ||
1293 | |1292 |01:54:25 ~-~-> 01:54:31 |actually, let's do this. Let's take a water closet break. For some of you that | ||
1294 | |1293 |01:54:31 ~-~-> 01:54:34 |don't know what that means, it's a bathroom break. That way I can continue | ||
1295 | |1294 |01:54:34 ~-~-> 01:54:40 |until 1030 on unhindered. So what I'm going to do is, I'm going to type out | ||
1296 | |1295 |01:54:40 ~-~-> 01:54:42 |that we're taking a five minute break, | ||
1297 | |1296 |01:54:48 ~-~-> 01:54:53 |and we will be muted for that duration. I'm going to go or leave myself and come | ||
1298 | |1297 |01:54:53 ~-~-> 01:54:54 |right back, and then we'll be at it. I'm. | ||
1299 | |1298 |01:59:46 ~-~-> 01:59:49 |All right, appreciate you giving me an opportunity to do that. I'm sure you | ||
1300 | |1299 |01:59:49 ~-~-> 01:59:53 |probably took advantage of as well. Now, can you imagine the folks that was | ||
1301 | |1300 |01:59:53 ~-~-> 01:59:59 |copied the long up here, they're getting punished for that. Am I cruel for doing | ||
1302 | |1301 |01:59:59 ~-~-> 02:00:12 |it? I. Leave that up to you. Now, how do you how we do this? Let's go to a little | ||
1303 | |1302 |02:00:12 ~-~-> 02:00:18 |bit more data back here. And this is a 15 second chart. I'm | ||
1304 | |1303 |02:00:23 ~-~-> 02:00:30 |all right, and we have new day opening gap down here that could draw two. And | ||
1305 | |1304 |02:00:30 ~-~-> 02:00:38 |real quick, I'm going to be with you until I do 10 of these. So while I said | ||
1306 | |1305 |02:00:38 ~-~-> 02:00:42 |we'd be here till 1010, 30, if it requires me be here a little bit longer | ||
1307 | |1306 |02:00:42 ~-~-> 02:00:49 |to get 10 executions, that's how long it'll be okay. Just know that if we are | ||
1308 | |1307 |02:00:49 ~-~-> 02:00:57 |thinking, Caleb, that if we're bearish, if this is the market price that the | ||
1309 | |1308 |02:00:57 ~-~-> 02:01:01 |market you're trading, which is managed that like right now, that's the market | ||
1310 | |1309 |02:01:01 ~-~-> 02:01:06 |price at 241, and a half. If this is market price, and you think that it's | ||
1311 | |1310 |02:01:06 ~-~-> 02:01:07 |going to go to | ||
1312 | |1311 |02:01:13 ~-~-> 02:01:16 |this level down here, what level would that be? That'd be like an old low | ||
1313 | |1312 |02:01:16 ~-~-> 02:01:22 |relative equal lows inefficiency below price, or in this case, the new day | ||
1314 | |1313 |02:01:22 ~-~-> 02:01:27 |opening gap that could be a draw. Okay, right now we're, we're seeing it trade | ||
1315 | |1314 |02:01:27 ~-~-> 02:01:34 |into an inefficiency, which is this blue, blue shaded area. If this is where | ||
1316 | |1315 |02:01:34 ~-~-> 02:01:44 |you think price is going to go, that's your draw on liquidity. You have to know | ||
1317 | |1316 |02:01:44 ~-~-> 02:01:48 |where you think you're going to be wrong in the beginning, son, you're going to | ||
1318 | |1317 |02:01:48 ~-~-> 02:01:52 |do this wrong a lot, and it's normal, okay. You don't have to worry about it. | ||
1319 | |1318 |02:01:52 ~-~-> 02:01:57 |Don't make it a big thing. If you increase it to a degree of importance in | ||
1320 | |1319 |02:01:57 ~-~-> 02:02:00 |the beginning, you're going to think about it like that. The rest of your | ||
1321 | |1320 |02:02:00 ~-~-> 02:02:12 |career. This is your stop loss. You must always have one of these. You never, | ||
1322 | |1321 |02:02:12 ~-~-> 02:02:23 |ever, ever assume a position and not have this ever. This is your insurance | ||
1323 | |1322 |02:02:23 ~-~-> 02:02:28 |policy. Okay? This is the tells. This tells the market that you are admitting | ||
1324 | |1323 |02:02:28 ~-~-> 02:02:34 |that you're wrong, and this is a good time to be wrong, because if it goes to | ||
1325 | |1324 |02:02:34 ~-~-> 02:02:40 |this point, you're basically saying that if price goes from market price, and you | ||
1326 | |1325 |02:02:40 ~-~-> 02:02:45 |get in in the area near this but it trades up to this price point, you're | ||
1327 | |1326 |02:02:45 ~-~-> 02:02:50 |saying to yourself and to the market with your execution, that I am wrong | ||
1328 | |1327 |02:02:50 ~-~-> 02:02:55 |about my idea, and I want to be out at that price. Because if it goes to this | ||
1329 | |1328 |02:02:55 ~-~-> 02:03:00 |price, your belief is it could go higher and incur larger risk or loss. And this | ||
1330 | |1329 |02:03:00 ~-~-> 02:03:08 |is to mitigate that unrealized, exorbitant loss or blown account. So | ||
1331 | |1330 |02:03:08 ~-~-> 02:03:13 |this is not a bad thing. It's not to be viewed as something terrible. It's not a | ||
1332 | |1331 |02:03:13 ~-~-> 02:03:17 |cancer cell, okay, it's not something that you want to stay away from. It's | ||
1333 | |1332 |02:03:17 ~-~-> 02:03:23 |something you want to embrace. This is your shield, okay, where market price | ||
1334 | |1333 |02:03:23 ~-~-> 02:03:24 |is. | ||
1335 | |1334 |02:03:30 ~-~-> 02:03:34 |That is where we're at right now. Mark to market. That means wherever the most | ||
1336 | |1335 |02:03:34 ~-~-> 02:03:38 |recent tick in price is showing every time this little green box moves and | ||
1337 | |1336 |02:03:38 ~-~-> 02:03:44 |fluctuates. That's market price. 251, and a quarter, 251, and a half. 250, | ||
1338 | |1337 |02:03:44 ~-~-> 02:03:52 |even. 249 and a half, 250, even. 250 and a half. Okay, that's market price. | ||
1339 | |1338 |02:03:52 ~-~-> 02:04:00 |That's this. If you believe that this is your draw, you it. | ||
1340 | |1339 |02:04:10 ~-~-> 02:04:15 |Okay? This is essentially your target. This is what you're aiming for. Since | ||
1341 | |1340 |02:04:15 ~-~-> 02:04:21 |this drill is not equipped to do things like partials, it's one and done. It's a | ||
1342 | |1341 |02:04:21 ~-~-> 02:04:26 |full stop full target. That's it. One of the one of the two are going to happen. | ||
1343 | |1342 |02:04:26 ~-~-> 02:04:30 |Whichever one trips first ends that exercise, and you got to wait to do | ||
1344 | |1343 |02:04:30 ~-~-> 02:04:35 |another one. Okay, so if you're expecting price to draw down here, that | ||
1345 | |1344 |02:04:35 ~-~-> 02:04:39 |means you're bearish, you have to be able to determine where you're going to | ||
1346 | |1345 |02:04:39 ~-~-> 02:04:49 |frame your stop loss at that that entry point is the secondary concern, and | ||
1347 | |1346 |02:04:49 ~-~-> 02:04:50 |let's say that this is your entry | ||
1348 | |1347 |02:04:55 ~-~-> 02:05:04 |your entry price, and this will be based on a. If we're bearish, some kind of a | ||
1349 | |1348 |02:05:04 ~-~-> 02:05:16 |premium array. Okay, so how would you frame a setup like that? Well, when | ||
1350 | |1349 |02:05:16 ~-~-> 02:05:23 |we're bearish, we want to sell short when price is going up. So we're going | ||
1351 | |1350 |02:05:23 ~-~-> 02:05:28 |to sell on a limit. So if market price is right here, well, let's just do it | ||
1352 | |1351 |02:05:28 ~-~-> 02:05:33 |real quick with this. See this little gap. See a little gap right there. We | ||
1353 | |1352 |02:05:33 ~-~-> 02:05:39 |can go in right click on the on the platform, go to trade. Sell limit, one | ||
1354 | |1353 |02:05:39 ~-~-> 02:05:42 |contract right there, just above. | ||
1355 | |1354 |02:05:47 ~-~-> 02:05:56 |Let's move it down here. Right there's the actual high. One tick below it is | ||
1356 | |1355 |02:05:56 ~-~-> 02:06:04 |there. The Stop Loss gets dragged to the high, and then the target would be taken | ||
1357 | |1356 |02:06:04 ~-~-> 02:06:11 |down to the high, plus one tick right there. Okay, so now what I've done is | ||
1358 | |1357 |02:06:11 ~-~-> 02:06:17 |I've used the logic over here that I was outlining, the market would have to come | ||
1359 | |1358 |02:06:17 ~-~-> 02:06:26 |up trade to this candle sticks high, and that would book the limit order entry on | ||
1360 | |1359 |02:06:26 ~-~-> 02:06:30 |a short the stop loss would be here to take profits down here. I don't | ||
1361 | |1360 |02:06:30 ~-~-> 02:06:35 |personally care. I don't care if I'm right or wrong. That's the execution. | ||
1362 | |1361 |02:06:35 ~-~-> 02:06:39 |That's the entry. And the logic is over here you're seeing it do this like | ||
1363 | |1362 |02:06:39 ~-~-> 02:06:42 |here's the market price. You think it's going to go down here you place a limit | ||
1364 | |1363 |02:06:42 ~-~-> 02:06:49 |order, a sell limit order, the market has to go up to it. So you're selling | ||
1365 | |1364 |02:06:49 ~-~-> 02:06:57 |short as the market just going up away from where you think it's going to go. | ||
1366 | |1365 |02:06:57 ~-~-> 02:07:00 |Limit orders have to be entered above the market price when you're selling | ||
1367 | |1366 |02:07:00 ~-~-> 02:07:07 |short, when you're buying on a limit, okay, when you're trying to do the | ||
1368 | |1367 |02:07:07 ~-~-> 02:07:11 |opposite, say you're say you're bullish. Everything here would reverse. It would | ||
1369 | |1368 |02:07:11 ~-~-> 02:07:12 |be something like this. I | ||
1370 | |1369 |02:07:20 ~-~-> 02:07:26 |goal. And say you believe that the market's going to go up to some old | ||
1371 | |1370 |02:07:26 ~-~-> 02:07:29 |high, some kind of fair value, get something to that effect. And you have | ||
1372 | |1371 |02:07:29 ~-~-> 02:07:37 |to be able to frame it around the basis of, here's the market price. And at the | ||
1373 | |1372 |02:07:37 ~-~-> 02:07:42 |time, if you're bullish, you can frame a trade on entering on a limit. So you're | ||
1374 | |1373 |02:07:42 ~-~-> 02:07:47 |going to buy on a limit, that means the market price has to drop down to your | ||
1375 | |1374 |02:07:47 ~-~-> 02:07:53 |price and lower. So whatever your limit order price is, if you're trying to buy | ||
1376 | |1375 |02:07:53 ~-~-> 02:07:57 |it, it has to go at least a minimum of one tick below that price. That's the | ||
1377 | |1376 |02:07:57 ~-~-> 02:08:03 |filling mechanism, okay? So it has to fulfill that at least, to accomplish | ||
1378 | |1377 |02:08:03 ~-~-> 02:08:08 |that, that order being executed, if it just trades to your price and not go any | ||
1379 | |1378 |02:08:08 ~-~-> 02:08:15 |lower than that, it won't fill you sometimes, because of your your your | ||
1380 | |1379 |02:08:15 ~-~-> 02:08:21 |contract size, if there is a say, say, you're Trying to do an eight or 10 | ||
1381 | |1380 |02:08:21 ~-~-> 02:08:27 |contract trading. Okay, so now you guys watch and see a losing trade. Okay, what | ||
1382 | |1381 |02:08:27 ~-~-> 02:08:30 |you're going to do is log this. I'll come back to that in a second. You're | ||
1383 | |1382 |02:08:30 ~-~-> 02:08:39 |going to log that from your entry. How much did it give you in terms of | ||
1384 | |1383 |02:08:39 ~-~-> 02:08:46 |unrealized profit, if at all. How much time did it take to get to target? It | ||
1385 | |1384 |02:08:46 ~-~-> 02:08:50 |didn't get to target. How long did it take in terms of time to get to your | ||
1386 | |1385 |02:08:50 ~-~-> 02:08:55 |stop? How much time did it take for that to happen? And then what happens is you | ||
1387 | |1386 |02:08:55 ~-~-> 02:09:01 |get data based on that. How much time do your trade executions last? So you don't | ||
1388 | |1387 |02:09:01 ~-~-> 02:09:05 |have a baseline on how long your trades usually last. Now there are tools out | ||
1389 | |1388 |02:09:05 ~-~-> 02:09:10 |there. There are things that give you that KPI, that measuring instrument of | ||
1390 | |1389 |02:09:10 ~-~-> 02:09:14 |how long your average trade is, what is your average profit, what is your | ||
1391 | |1390 |02:09:14 ~-~-> 02:09:19 |average risk per trade? All those things can be calculated by yourself, manually, | ||
1392 | |1391 |02:09:19 ~-~-> 02:09:23 |and you want to have that data yourself. You don't want to just rely on some kind | ||
1393 | |1392 |02:09:23 ~-~-> 02:09:27 |of external thing. You want to get comfortable seeing it and knowing what | ||
1394 | |1393 |02:09:27 ~-~-> 02:09:32 |it is for yourself as a trader. All right, so that's one so we have one | ||
1395 | |1394 |02:09:32 ~-~-> 02:09:38 |transaction done, and you're not trying to make money, Caleb, you're trying to | ||
1396 | |1395 |02:09:38 ~-~-> 02:09:46 |practice using the mechanism of a limit order, framing the setups. Okay, let me | ||
1397 | |1396 |02:09:46 ~-~-> 02:09:49 |finish this back here, and then we'll go just right into price action, because | ||
1398 | |1397 |02:09:50 ~-~-> 02:09:52 |we're at least twice the opening price. I | ||
1399 | |1398 |02:09:58 ~-~-> 02:10:02 |don't have the disclaimer it's on here. I should have. That one. Sorry, I'm | ||
1400 | |1399 |02:10:02 ~-~-> 02:10:10 |watching that little inefficiency there. But if you're bullish, you're going to | ||
1401 | |1400 |02:10:10 ~-~-> 02:10:15 |see market price. You have to wait for price to drop down away from your market | ||
1402 | |1401 |02:10:15 ~-~-> 02:10:19 |price. So it has to go to a discount. It has to be a down tick. That's what high | ||
1403 | |1402 |02:10:19 ~-~-> 02:10:24 |frequency trading algorithms used to for their entry models, it has to drop down | ||
1404 | |1403 |02:10:24 ~-~-> 02:10:36 |first here to here, and go below that by one tick, okay. And then the the buy | ||
1405 | |1404 |02:10:36 ~-~-> 02:10:39 |limit order, if you're bullish, that would trip. And then you would look for | ||
1406 | |1405 |02:10:39 ~-~-> 02:10:47 |it to draw to your target or get stopped at. So if you're buying you got to | ||
1407 | |1406 |02:10:47 ~-~-> 02:10:50 |you're going to be buying below market price on a limit. If you're selling | ||
1408 | |1407 |02:10:50 ~-~-> 02:10:53 |short, you're selling above the market price on a limit. | ||
1409 | |1408 |02:11:02 ~-~-> 02:11:11 |I'm all right, so let's pull up the regular trading hours. Small little gap | ||
1410 | |1409 |02:11:11 ~-~-> 02:11:12 |in here, it's already filled. | ||
1411 | |1410 |02:11:21 ~-~-> 02:11:31 |That when you're doing these drills, this is when you can put on some music | ||
1412 | |1411 |02:11:31 ~-~-> 02:11:37 |that you like listening to and just relax. Don't try to you put too much | ||
1413 | |1412 |02:11:37 ~-~-> 02:11:41 |emphasis on I see there's a volume imbalance right there. And now we have | ||
1414 | |1413 |02:11:41 ~-~-> 02:11:42 |this | ||
1415 | |1414 |02:11:47 ~-~-> 02:11:47 |gap | ||
1416 | |1415 |02:11:53 ~-~-> 02:11:54 |down to the | ||
1417 | |1416 |02:12:05 ~-~-> 02:12:07 |Okay, so this is drill number two, | ||
1418 | |1417 |02:12:13 ~-~-> 02:12:24 |and you log every individual point of reference for your measurement, how long | ||
1419 | |1418 |02:12:24 ~-~-> 02:12:28 |it takes for the trade when you enter. It like when, how long at the time you | ||
1420 | |1419 |02:12:28 ~-~-> 02:12:35 |entered the trade order, not when you entered. Okay. So there you go. There's | ||
1421 | |1420 |02:12:35 ~-~-> 02:12:41 |one. So now we have 5050, we have a losing trade and we have a winning | ||
1422 | |1421 |02:12:41 ~-~-> 02:12:45 |trade. It's not about the money, it's about the experience of placing the | ||
1423 | |1422 |02:12:45 ~-~-> 02:12:45 |orders. Caleb, | ||
1424 | |1423 |02:12:52 ~-~-> 02:13:00 |you go sit and wait and relax. Trade down to new week opening gap. Now you're | ||
1425 | |1424 |02:13:00 ~-~-> 02:13:09 |you're probably wondering, okay, what do you do? What do you do to instigate the | ||
1426 | |1425 |02:13:09 ~-~-> 02:13:12 |trades? ICT, like, what are we doing here? Like, what is the reason for you | ||
1427 | |1426 |02:13:12 ~-~-> 02:13:18 |to get into a trade? Whatever you're practicing because Caleb's learning the | ||
1428 | |1427 |02:13:18 ~-~-> 02:13:21 |fair value gap. You know, his his practice session is going to be just | ||
1429 | |1428 |02:13:21 ~-~-> 02:13:24 |simply looking for fair value gaps. Value gaps after the market has created | ||
1430 | |1429 |02:13:24 ~-~-> 02:13:28 |some measure of jaggedness, like it's made its jaggedness up here, traded | ||
1431 | |1430 |02:13:28 ~-~-> 02:13:31 |down. You watch me pick this one here. Obviously, you know what that one is, | ||
1432 | |1431 |02:13:31 ~-~-> 02:13:37 |and it's the first fair value gap of of the morning. It's at 931 so it fits the | ||
1433 | |1432 |02:13:37 ~-~-> 02:13:42 |criteria, and you saw how fast it delivered. So that's what the haters | ||
1434 | |1433 |02:13:42 ~-~-> 02:13:47 |take notice of that. But anytime that you're trying to trade with an order | ||
1435 | |1434 |02:13:47 ~-~-> 02:13:51 |block, if you're practicing with that, you can trade with order blocks. You can | ||
1436 | |1435 |02:13:51 ~-~-> 02:13:55 |trade with institutional order, financial drills, whatever, whatever | ||
1437 | |1436 |02:13:55 ~-~-> 02:13:59 |mechanism or PDA rate you're using to practice with that's that's what you're | ||
1438 | |1437 |02:13:59 ~-~-> 02:14:00 |doing. Okay, | ||
1439 | |1438 |02:14:06 ~-~-> 02:14:17 |all right. So I see this gap in here, but I want to try to, I want to try to | ||
1440 | |1439 |02:14:17 ~-~-> 02:14:20 |alternate buying and selling back and forth, like I want to do that for the | ||
1441 | |1440 |02:14:20 ~-~-> 02:14:26 |purposes of, kind of like skewing the experience factor here. So I want to, | ||
1442 | |1441 |02:14:27 ~-~-> 02:14:33 |kind of like mix it up a little bit. I was, I was looking for a coin, but | ||
1443 | |1442 |02:14:33 ~-~-> 02:14:38 |nobody has any cash anymore around here, but I was going to flip a coin, and I | ||
1444 | |1443 |02:14:38 ~-~-> 02:14:43 |was going to take my first drill as a long as it laying on heads and or tails, | ||
1445 | |1444 |02:14:43 ~-~-> 02:14:48 |I would go short. That would be my first exercise. But that is it, screw I'll | ||
1446 | |1445 |02:14:48 ~-~-> 02:14:49 |just go in here and just wing it. | ||
1447 | |1446 |02:14:59 ~-~-> 02:15:07 |I'm. Okay, got eight more of these things to do. Jam into kicks, by the | ||
1448 | |1447 |02:15:07 ~-~-> 02:15:16 |way, those are rocking right now. Kicks is a local band, old, old rock band, all | ||
1449 | |1448 |02:15:16 ~-~-> 02:15:21 |right. Now, let's say that you were going to try to be | ||
1450 | |1449 |02:15:26 ~-~-> 02:15:34 |a counter trend trader. Okay, and we're in a 15 second chart. Let's try to do a | ||
1451 | |1450 |02:15:34 ~-~-> 02:15:38 |drill which is obviously going against order flow. But you want to get this | ||
1452 | |1451 |02:15:38 ~-~-> 02:15:42 |experience. You want to feel what it feels like to enter the order using the | ||
1453 | |1452 |02:15:42 ~-~-> 02:15:51 |logic of buying when the market drops, as we've already shown two times here, | ||
1454 | |1453 |02:15:52 ~-~-> 02:15:58 |selling short with a limit order. I want to try to find one on a buying | ||
1455 | |1454 |02:15:58 ~-~-> 02:16:03 |opportunity, even though it's against the underlying order flow. | ||
1456 | |1455 |02:16:09 ~-~-> 02:16:12 |And if we can frame a small, little fair value gap here on the 15 second chart | ||
1457 | |1456 |02:16:12 ~-~-> 02:16:17 |and try to trade back up into this inefficiency right here, and try to draw | ||
1458 | |1457 |02:16:17 ~-~-> 02:16:20 |back directionally to the new weak opening gap, it need not trade back | ||
1459 | |1458 |02:16:20 ~-~-> 02:16:23 |there all the way. But if it can give me an opportunity to | ||
1460 | |1459 |02:16:32 ~-~-> 02:16:32 |this thing's a lagging, | ||
1461 | |1460 |02:16:39 ~-~-> 02:16:39 |well, | ||
1462 | |1461 |02:16:40 ~-~-> 02:16:44 |I would technically be, I would be in long right now to stop where it is. | ||
1463 | |1462 |02:16:44 ~-~-> 02:16:49 |Let's see It's fucking around trading view. Look, man, you're losing, you're | ||
1464 | |1463 |02:16:49 ~-~-> 02:16:52 |losing here in front of everybody. I'm trying to show this stuff with your | ||
1465 | |1464 |02:16:52 ~-~-> 02:16:57 |stuff, and you asked me to do an affiliate program, and I'm not able to | ||
1466 | |1465 |02:16:57 ~-~-> 02:17:05 |use it in front of the world. Okay? So we'll get back up into there. You see me | ||
1467 | |1466 |02:17:05 ~-~-> 02:17:07 |adjusting it, but it won't. It won't update. So, | ||
1468 | |1467 |02:17:13 ~-~-> 02:17:14 |awful, awful, good grief. | ||
1469 | |1468 |02:17:21 ~-~-> 02:17:30 |Again. Trading view, this is a bad, bad look for you today that should be | ||
1470 | |1469 |02:17:30 ~-~-> 02:17:35 |stopped at, yeah, so that would be framed on as it was looking like a fair | ||
1471 | |1470 |02:17:35 ~-~-> 02:17:39 |value gap trying to trade up to there. So now we have three transactions. | ||
1472 | |1471 |02:17:40 ~-~-> 02:17:45 |Immediate response stopped out. It's not giving you any indication that it wants | ||
1473 | |1472 |02:17:45 ~-~-> 02:17:46 |to go higher. Wonderful. | ||
1474 | |1473 |02:17:51 ~-~-> 02:17:56 |Pay attention this trading view. I know you watch my videos, but you got to get | ||
1475 | |1474 |02:17:56 ~-~-> 02:17:58 |your shit together, because this is not a good look. I | ||
1476 | |1475 |02:18:04 ~-~-> 02:18:09 |All right. So now, scrunching this up, we have that. Remember that yesterday I | ||
1477 | |1476 |02:18:09 ~-~-> 02:18:14 |was showing you the 60 minute discount with constant encroachment we're trading | ||
1478 | |1477 |02:18:14 ~-~-> 02:18:26 |inside of I want to be filled in that gap right there and stop us right there. | ||
1479 | |1478 |02:18:27 ~-~-> 02:18:31 |Take Profit. We'll try to aim for just above that consequence. Wick, | ||
1480 | |1479 |02:18:36 ~-~-> 02:18:41 |okay, this is execution four. Again. All we're doing is practicing. What I just | ||
1481 | |1480 |02:18:41 ~-~-> 02:18:45 |did there I was. I was looking in between these two candlesticks here, and | ||
1482 | |1481 |02:18:45 ~-~-> 02:18:56 |I wanted to be inside that as an entry part of the drills. When you have more | ||
1483 | |1482 |02:18:56 ~-~-> 02:18:59 |experience using it and practicing with it and playing around with it and having | ||
1484 | |1483 |02:18:59 ~-~-> 02:19:03 |fun, that's what this is supposed to be. It should not be I'm afraid it's going | ||
1485 | |1484 |02:19:03 ~-~-> 02:19:09 |to be a bad result. I'm afraid that it's going to be all losing trades. I'm | ||
1486 | |1485 |02:19:09 ~-~-> 02:19:14 |afraid it's going to be a net loss on the day. It's don't think about that. | ||
1487 | |1486 |02:19:14 ~-~-> 02:19:18 |You're in here practicing, trying to get a feel for using number one, the | ||
1488 | |1487 |02:19:18 ~-~-> 02:19:23 |platform, because it's it's risk free for you to be able to do this. It's not, | ||
1489 | |1488 |02:19:23 ~-~-> 02:19:27 |it's not something that's scary. It's only scary because you're saying it | ||
1490 | |1489 |02:19:27 ~-~-> 02:19:32 |should be scary. You're saying that it it demands the results of profitability | ||
1491 | |1490 |02:19:33 ~-~-> 02:19:36 |or being right. It's not about being right. This is something for you to play | ||
1492 | |1491 |02:19:36 ~-~-> 02:19:41 |with, and you're using the demo account properly. You're executing with it. | ||
1493 | |1492 |02:19:42 ~-~-> 02:19:46 |You're not trying to prove profitability, you're not trying to | ||
1494 | |1493 |02:19:46 ~-~-> 02:19:54 |avoid losing trades. You're just getting the practice of including the use of the | ||
1495 | |1494 |02:19:54 ~-~-> 02:19:59 |PD arrays and looking for liquidity and following order flow go against order | ||
1496 | |1495 |02:19:59 ~-~-> 02:20:03 |flow. Sometimes get a feel for what it feels like to do that, because if you | ||
1497 | |1496 |02:20:03 ~-~-> 02:20:07 |try to avoid every instance of where things might hurt you, you're never | ||
1498 | |1497 |02:20:07 ~-~-> 02:20:12 |getting the proper experience. You don't know what it's like to make money in big | ||
1499 | |1498 |02:20:12 ~-~-> 02:20:16 |money yet, and that's a scary feeling. You think it's going to feel good. It's | ||
1500 | |1499 |02:20:16 ~-~-> 02:20:18 |not. It's going to be terrifying, because you're going to you don't, | ||
1501 | |1500 |02:20:18 ~-~-> 02:20:29 |you're going to freeze up, you're not going to know what to do. So if, if you | ||
1502 | |1501 |02:20:29 ~-~-> 02:20:34 |relax, to say that way, if you just simply relax and allow your practice | ||
1503 | |1502 |02:20:34 ~-~-> 02:20:39 |sessions these drills, it's just like you taking a walk. It's good for your | ||
1504 | |1503 |02:20:39 ~-~-> 02:20:44 |health. Put some music on, listen to an audiobook. You're exercising, you're | ||
1505 | |1504 |02:20:44 ~-~-> 02:20:52 |you're moving your your your trading muscles, you're treating with the tools | ||
1506 | |1505 |02:20:52 ~-~-> 02:20:56 |you're using, the logic. And now watch, this is something where, if it took out | ||
1507 | |1506 |02:20:56 ~-~-> 02:21:03 |this low, say it takes out that low. If you want to go one step further in your | ||
1508 | |1507 |02:21:03 ~-~-> 02:21:08 |drill, in your annotations, you would say, okay, hypothetically, if this were | ||
1509 | |1508 |02:21:08 ~-~-> 02:21:11 |a trade that I was using in my funded account, I would take a partial right | ||
1510 | |1509 |02:21:11 ~-~-> 02:21:15 |there if I had more than one contract, and that means this would no longer be | ||
1511 | |1510 |02:21:16 ~-~-> 02:21:20 |open to a loss, because you've you've pocketed something, and they can roll | ||
1512 | |1511 |02:21:20 ~-~-> 02:21:24 |the stop after that partial. And when you're practicing, even though you have | ||
1513 | |1512 |02:21:24 ~-~-> 02:21:30 |one contract on the logic is you annotate that one partial was taken | ||
1514 | |1513 |02:21:30 ~-~-> 02:21:37 |below the low here. So you would have a partial below here from your entry. | ||
1515 | |1514 |02:21:37 ~-~-> 02:21:41 |That's pretty good, like, it's better than most live streamers out there in | ||
1516 | |1515 |02:21:41 ~-~-> 02:21:44 |terms of what they're what they're capturing. That's, I'm not trying to | ||
1517 | |1516 |02:21:44 ~-~-> 02:21:47 |shit on any of them, but I'm just saying, like, let's be practical here. | ||
1518 | |1517 |02:21:47 ~-~-> 02:21:52 |Some of these guys out there are not looking for home runs, and they don't | ||
1519 | |1518 |02:21:52 ~-~-> 02:21:56 |need home runs. I mean, look at trades by Matt. He was doing 10 point runs and | ||
1520 | |1519 |02:21:56 ~-~-> 02:22:00 |made over $300,000 took it all out. Truth be told, I told him in private, I | ||
1521 | |1520 |02:22:00 ~-~-> 02:22:05 |said, take all the money out and then start all over again. That way you've | ||
1522 | |1521 |02:22:05 ~-~-> 02:22:08 |banked a half a million dollars plus, like it's yours, like they can't take it | ||
1523 | |1522 |02:22:08 ~-~-> 02:22:12 |from you if you're going to be consistent, be consistent by starting | ||
1524 | |1523 |02:22:12 ~-~-> 02:22:15 |all over again, because you have a huge windfall right now at your reach, you | ||
1525 | |1524 |02:22:15 ~-~-> 02:22:28 |just take it. And he made this decision. So the idea that you would like build in | ||
1526 | |1525 |02:22:28 ~-~-> 02:22:33 |a pyramid, you can practice that too. I don't necessarily see anything yet that | ||
1527 | |1526 |02:22:33 ~-~-> 02:22:36 |I would have pyramided on except for that one right in here, that that's a | ||
1528 | |1527 |02:22:36 ~-~-> 02:22:46 |nice little one that right there. That's a nice point. But if we recall, remember | ||
1529 | |1528 |02:22:46 ~-~-> 02:22:51 |these, these levels over here yesterday, like down here, it's like these relative | ||
1530 | |1529 |02:22:51 ~-~-> 02:22:57 |equal lows. I think, if I'm not mistaken, it was on a, I don't know what | ||
1531 | |1530 |02:22:57 ~-~-> 02:23:01 |time frame was, to be honest with you. Oh yeah, it does the benefit of having | ||
1532 | |1531 |02:23:01 ~-~-> 02:23:08 |annotations directly right the 15 minute relative equal lows based on September | ||
1533 | |1532 |02:23:08 ~-~-> 02:23:13 |23 weekly low, but we also have 15 minute relative equal lows on cell | ||
1534 | |1533 |02:23:13 ~-~-> 02:23:21 |cycle. So even if this were to stop out, we can look for another opportunity to | ||
1535 | |1534 |02:23:21 ~-~-> 02:23:26 |engage with it, to see if we can get a rundown into the discount with constant | ||
1536 | |1535 |02:23:26 ~-~-> 02:23:30 |encouragement of the hourly chart, and maybe try to gravitate towards that | ||
1537 | |1536 |02:23:30 ~-~-> 02:23:35 |again. September 23 it's weekly low and 15 minute relatively cool lows. You | ||
1538 | |1537 |02:23:49 ~-~-> 02:23:53 |all you're doing is getting experience. That's all this is about. It's not about | ||
1539 | |1538 |02:23:53 ~-~-> 02:23:56 |being better than somebody else. It's not about being profitable. It's not | ||
1540 | |1539 |02:23:56 ~-~-> 02:24:02 |about passing combines. It's you just practicing, practicing, getting used to | ||
1541 | |1540 |02:24:02 ~-~-> 02:24:05 |taking the orders and entering them and then submitting yourself to whatever the | ||
1542 | |1541 |02:24:05 ~-~-> 02:24:09 |market's going to do afterwards. Because right now, I don't have control over | ||
1543 | |1542 |02:24:09 ~-~-> 02:24:12 |what the market's going to do, like I have to submit to it, like whatever it's | ||
1544 | |1543 |02:24:12 ~-~-> 02:24:15 |going to do is going to do, and then I'm doing it right in front of all of you. | ||
1545 | |1544 |02:24:15 ~-~-> 02:24:20 |I'm pushing the button. Okay. I have no fucking fear of doing this. Zero fear. | ||
1546 | |1545 |02:24:21 ~-~-> 02:24:25 |Even less now, because this is a drill, but you're going to see me pick the | ||
1547 | |1546 |02:24:25 ~-~-> 02:24:28 |right moves, and you're going to see me trade them with precision. They're going | ||
1548 | |1547 |02:24:28 ~-~-> 02:24:33 |to go to my targets, and you're going to be left with, hey, what do we do now? | ||
1549 | |1548 |02:24:33 ~-~-> 02:24:36 |Right? What do you do with that? It's not going to make you a better trader | ||
1550 | |1549 |02:24:36 ~-~-> 02:24:40 |because you saw me do it. It's not going to make me any less of a trader or any | ||
1551 | |1550 |02:24:40 ~-~-> 02:24:43 |more of a trader. It doesn't make me more right? When I do it. Do it, I | ||
1552 | |1551 |02:24:43 ~-~-> 02:24:48 |already know I can do it. You want to be entertained by it. You think that you | ||
1553 | |1552 |02:24:48 ~-~-> 02:24:51 |have some influence or power of me because you say you won't do it. You | ||
1554 | |1553 |02:24:51 ~-~-> 02:24:54 |won't trade live. You won't trade live, motherfuckers, I will trade circles | ||
1555 | |1554 |02:24:54 ~-~-> 02:24:58 |around all of you. Okay? But that's not the point of this. When we get to the | ||
1556 | |1555 |02:24:58 ~-~-> 02:25:01 |point where we have to start putting. From the buttons. I told you we'd be | ||
1557 | |1556 |02:25:01 ~-~-> 02:25:06 |here. We're here now. I want my son to know how to use limb orders. I want him | ||
1558 | |1557 |02:25:06 ~-~-> 02:25:14 |to see what it feels like to be in the orders, how he measures his own personal | ||
1559 | |1558 |02:25:14 ~-~-> 02:25:19 |engagement, like he has to, he has to recognize that stuff. And if you don't | ||
1560 | |1559 |02:25:19 ~-~-> 02:25:25 |recognize it, you, you won't get accustomed to normal. This is normal for | ||
1561 | |1560 |02:25:25 ~-~-> 02:25:32 |me to feel like this. And over time, that trepidation, that anxiety that you | ||
1562 | |1561 |02:25:32 ~-~-> 02:25:36 |initially feel, it goes away because you've been there so many times, and the | ||
1563 | |1562 |02:25:36 ~-~-> 02:25:40 |thing that you were fearful of never happened. It never happened. So what do | ||
1564 | |1563 |02:25:40 ~-~-> 02:25:45 |you what is? What's actually happening is you're being desensitized to the what | ||
1565 | |1564 |02:25:45 ~-~-> 02:25:49 |if thinking while you're in a trade? Well, you're supposed to be focusing on | ||
1566 | |1565 |02:25:50 ~-~-> 02:25:53 |what's it telling me while I'm watching price action? Is it telling me that it | ||
1567 | |1566 |02:25:53 ~-~-> 02:25:57 |wants to continue moving higher or moving lower? Everything that you're | ||
1568 | |1567 |02:25:57 ~-~-> 02:26:02 |reading in terms of watching individual candlesticks, this is tape reading. It | ||
1569 | |1568 |02:26:02 ~-~-> 02:26:16 |bumped the high here, filled in this entire gap, right here, right there, | ||
1570 | |1569 |02:26:16 ~-~-> 02:26:22 |okay, then traded lower. Right now we're sitting at these lows. | ||
1571 | |1570 |02:26:27 ~-~-> 02:26:31 |We would not want to see it trade above here. We want to see it break heavy down | ||
1572 | |1571 |02:26:31 ~-~-> 02:26:36 |here. But what happens if it does take out that high? What happens if it stops | ||
1573 | |1572 |02:26:36 ~-~-> 02:26:41 |out this position? No problem if it shows a displacement lower again, I'll | ||
1574 | |1573 |02:26:41 ~-~-> 02:26:45 |use another 15 second fair value gap to try to get a short one and ink for that | ||
1575 | |1574 |02:26:45 ~-~-> 02:26:52 |60 minute again. Now I know which ones I want to trade on. Caleb doesn't know | ||
1576 | |1575 |02:26:52 ~-~-> 02:26:58 |yet. You don't know yet, but doing these drills every single day, every single | ||
1577 | |1576 |02:26:58 ~-~-> 02:27:03 |day, there should not be a day that goes by, unless you're on vacation, and you | ||
1578 | |1577 |02:27:03 ~-~-> 02:27:08 |would now you would annotate that as a partial. So okay, underneath this low | ||
1579 | |1578 |02:27:08 ~-~-> 02:27:11 |you would type out in your chart and screenshot and say, I would have a | ||
1580 | |1579 |02:27:11 ~-~-> 02:27:15 |partial here. And then you would have whatever that partial will just say that | ||
1581 | |1580 |02:27:15 ~-~-> 02:27:22 |closing price is your partial. So you'd get out at 20,066 from an entry at | ||
1582 | |1581 |02:27:22 ~-~-> 02:27:28 |116.75 so again, you're beating the fuck out of the YouTubers, and all we're | ||
1583 | |1582 |02:27:28 ~-~-> 02:27:32 |doing is a drill. That's how you remind yourself, you give yourself | ||
1584 | |1583 |02:27:32 ~-~-> 02:27:37 |encouragement, you cheerlead yourself. This is better than so and so I've been | ||
1585 | |1584 |02:27:37 ~-~-> 02:27:41 |impressed by so and so's trading. And now I've done now. It's the house | ||
1586 | |1585 |02:27:41 ~-~-> 02:27:44 |running here, then you could do another partial. Why? Because it's starting to | ||
1587 | |1586 |02:27:44 ~-~-> 02:27:47 |expand. It doesn't need to go down here, yet. It could wait and do it later on. | ||
1588 | |1587 |02:27:47 ~-~-> 02:27:51 |So you would do a partial in here. So you'd have a partial at will, say, 2041 | ||
1589 | |1588 |02:27:52 ~-~-> 02:27:55 |and a half. So 20,041 and a half. | ||
1590 | |1589 |02:28:00 ~-~-> 02:28:05 |But you only use one contract because you're trying to avoid feeding fear and | ||
1591 | |1590 |02:28:05 ~-~-> 02:28:10 |avoid feeding greed. You | ||
1592 | |1591 |02:28:32 ~-~-> 02:28:36 |Isn't this fun? It's fun, isn't it? You like it because I'm pushing the buttons, | ||
1593 | |1592 |02:28:38 ~-~-> 02:28:41 |but it should be fun for you because you're watching with a purpose. You're | ||
1594 | |1593 |02:28:41 ~-~-> 02:28:45 |not just pushing a button with no understanding of what it is you're | ||
1595 | |1594 |02:28:45 ~-~-> 02:28:52 |you're watching or studying. That's a waste of a demo. That's a waste of a | ||
1596 | |1595 |02:28:52 ~-~-> 02:28:53 |demo by doing that, I | ||
1597 | |1596 |02:29:06 ~-~-> 02:29:15 |now imagine if you did not say partial where you did not annotate that you have | ||
1598 | |1597 |02:29:15 ~-~-> 02:29:20 |taken partials off while you're doing the drills by annotating that you're | ||
1599 | |1598 |02:29:20 ~-~-> 02:29:24 |training yourself to do what? Look for opportunities to take partials. Look for | ||
1600 | |1599 |02:29:24 ~-~-> 02:29:27 |opportunities to take partials. Look for opportunities to take something out of | ||
1601 | |1600 |02:29:27 ~-~-> 02:29:32 |the trade. Take something out. Fund the trade. Remove some of the risk. Give | ||
1602 | |1601 |02:29:32 ~-~-> 02:29:34 |yourself that cookie, that little reward, that little attaboy, that a girl | ||
1603 | |1602 |02:29:34 ~-~-> 02:29:39 |pat on the back in the beginning. You need a lot of that stuff because it's | ||
1604 | |1603 |02:29:39 ~-~-> 02:29:45 |hard to wrestle. It's hard to get into a trade and and submit yourself to an idea | ||
1605 | |1604 |02:29:45 ~-~-> 02:29:48 |when you don't have any experience. That's why you want to watch me live | ||
1606 | |1605 |02:29:48 ~-~-> 02:29:51 |stream. That's why you want to watch me push the button. That's why you want to | ||
1607 | |1606 |02:29:51 ~-~-> 02:29:54 |that's why you enjoy watching my trades. You like watching that because you're | ||
1608 | |1607 |02:29:54 ~-~-> 02:29:58 |living vicariously through my executions, but it's entirely something | ||
1609 | |1608 |02:29:58 ~-~-> 02:30:02 |different when you're doing a. Live data when you have to submit yourself to it, | ||
1610 | |1609 |02:30:03 ~-~-> 02:30:08 |and you have to wait however long it takes. And every time, every time we had | ||
1611 | |1610 |02:30:08 ~-~-> 02:30:13 |a an opportunity where I said when it's when it gets below these lows, that's a | ||
1612 | |1611 |02:30:13 ~-~-> 02:30:17 |partial. You want to record how much time it took from the point of your | ||
1613 | |1612 |02:30:17 ~-~-> 02:30:26 |entry, what minute market was up here and up here, where those, where those | ||
1614 | |1613 |02:30:26 ~-~-> 02:30:30 |entries work. And that's a partial right there. You take off one there, and then | ||
1615 | |1614 |02:30:30 ~-~-> 02:30:34 |you want to see speed drive right into that 60 minute consequence. That's, | ||
1616 | |1615 |02:30:34 ~-~-> 02:30:41 |that's what would be ideal here. But because you're taking partials as price | ||
1617 | |1616 |02:30:41 ~-~-> 02:30:46 |goes below the previous lows, every time it makes a low and retraces back when it | ||
1618 | |1617 |02:30:46 ~-~-> 02:30:51 |does that, you absolutely if it trades off as a opportunity to go back below it | ||
1619 | |1618 |02:30:51 ~-~-> 02:30:57 |one more time, even if it's one tick, you have to take a partial. You have to | ||
1620 | |1619 |02:30:57 ~-~-> 02:31:02 |do that because you're not going to have the experience to number one, sit | ||
1621 | |1620 |02:31:02 ~-~-> 02:31:05 |through the trade in its entirety. You're going to be fearful. You're going | ||
1622 | |1621 |02:31:05 ~-~-> 02:31:08 |to want to get out of it. It's going to cause you heart palpitations, and | ||
1623 | |1622 |02:31:08 ~-~-> 02:31:12 |remember, you're only trading with one contract, but that one contract's going | ||
1624 | |1623 |02:31:12 ~-~-> 02:31:16 |to feel like you're risking your entire mortgage, right? You're risking | ||
1625 | |1624 |02:31:16 ~-~-> 02:31:23 |everything that makes who you are as a person, financially. So when you see | ||
1626 | |1625 |02:31:23 ~-~-> 02:31:27 |this stuff, and you see it panning out, and you're practicing in a drill like | ||
1627 | |1626 |02:31:27 ~-~-> 02:31:30 |this, and it goes to where I'm teaching you. How are you going to listen to | ||
1628 | |1627 |02:31:30 ~-~-> 02:31:36 |these people that tell you you'll never see ICT trade live? You'll never see him | ||
1629 | |1628 |02:31:36 ~-~-> 02:31:40 |outline a trade. You'll never see him push the button. You'll never see him | ||
1630 | |1629 |02:31:40 ~-~-> 02:31:43 |give you a little watch behind the trade. You'll never see that, but here I | ||
1631 | |1630 |02:31:43 ~-~-> 02:31:46 |am doing it again, and they're still going to come out and tell you that I | ||
1632 | |1631 |02:31:46 ~-~-> 02:31:51 |don't ever do it. Oh, you got lucky. Oh, this that the only thing, it's okay. | ||
1633 | |1632 |02:31:52 ~-~-> 02:31:55 |It's okay. Other people's opinion about you aren't going to change the facts | ||
1634 | |1633 |02:31:55 ~-~-> 02:31:59 |about you as the trader. The same thing here now, because we went to that | ||
1635 | |1634 |02:31:59 ~-~-> 02:32:03 |consequent encroachment of that discount wick, I would want to see it try to make | ||
1636 | |1635 |02:32:03 ~-~-> 02:32:07 |an attempt to go below that and draw down into the relative equal loads. So | ||
1637 | |1636 |02:32:07 ~-~-> 02:32:13 |let me see if I can get one more fair value gap in here before we can get down | ||
1638 | |1637 |02:32:13 ~-~-> 02:32:19 |here. It could just very well, you know, reverse here or drive aggressively lower | ||
1639 | |1638 |02:32:19 ~-~-> 02:32:24 |at this point, if we were trading today, like, if this was a trading day, I would | ||
1640 | |1639 |02:32:24 ~-~-> 02:32:28 |be done for the morning session. If I was closing it out here, I would be | ||
1641 | |1640 |02:32:28 ~-~-> 02:32:32 |done, and I would just look for this move as a moral victory, and be like, | ||
1642 | |1641 |02:32:32 ~-~-> 02:32:35 |yeah, truth be told, though I wouldn't be out just here, but let's just say | ||
1643 | |1642 |02:32:35 ~-~-> 02:32:41 |that was the position. And I either say I got stopped out, and I've made as much | ||
1644 | |1643 |02:32:41 ~-~-> 02:32:45 |as is shown here, I would more or less say, Okay, I'm just going to watch the | ||
1645 | |1644 |02:32:45 ~-~-> 02:32:48 |rest of it deliver. And I've done this in front of my students, | ||
1646 | |1645 |02:32:54 ~-~-> 02:33:03 |too. I lost track on I lost track on how many transactions we had so far, 1234, | ||
1647 | |1646 |02:33:04 ~-~-> 02:33:07 |so we had four trades. Look at that. There's red. You don't ever see that. | ||
1648 | |1647 |02:33:07 ~-~-> 02:33:12 |Look at that. Look at the difference between the green and the red. That's | ||
1649 | |1648 |02:33:12 ~-~-> 02:33:17 |probably random. So watch that consequent encroachment of that wick. | ||
1650 | |1649 |02:33:17 ~-~-> 02:33:24 |Okay, we went down below it. I like to see when price gets down below and comes | ||
1651 | |1650 |02:33:24 ~-~-> 02:33:27 |back up and uses it as a premium array. I'd like to see that, but that's not | ||
1652 | |1651 |02:33:27 ~-~-> 02:33:30 |what we're studying here, so I can't execute on that. It's got to be a fair | ||
1653 | |1652 |02:33:30 ~-~-> 02:33:41 |value. Every single day you're going to be practicing, practicing, practicing | ||
1654 | |1653 |02:33:41 ~-~-> 02:33:46 |looking for liquidity, where the market will likely to draw to, where it will | ||
1655 | |1654 |02:33:47 ~-~-> 02:33:49 |hopefully not go to, that we can frame a stop loss. | ||
1656 | |1655 |02:33:57 ~-~-> 02:34:01 |And then you get into the exercise, and you relax, you condition yourself by | ||
1657 | |1656 |02:34:01 ~-~-> 02:34:02 |holding on to position. | ||
1658 | |1657 |02:34:08 ~-~-> 02:34:16 |I can't hear myself. I don't hear any of my audio coming through. Can you guys | ||
1659 | |1658 |02:34:16 ~-~-> 02:34:21 |hear me? I'm asking on Twitter, if you can hear me, just give me a five by | ||
1660 | |1659 |02:34:21 ~-~-> 02:34:27 |five, please, man, I hope I could. I hope that was picked up the whole time I | ||
1661 | |1660 |02:34:27 ~-~-> 02:34:36 |was talking. Good grief. Can you? Can you hear me? Somebody? Please. Thank | ||
1662 | |1661 |02:34:36 ~-~-> 02:34:40 |you, Richard, appreciate it. I'm not sure why I'm not. I'm not. I can't hear | ||
1663 | |1662 |02:34:40 ~-~-> 02:34:46 |anything on my end? All right, as long as you can hear me, I'm not changing any | ||
1664 | |1663 |02:34:46 ~-~-> 02:34:51 |settings over here. All right. So here we have another low, | ||
1665 | |1664 |02:34:57 ~-~-> 02:35:03 |and when I have uh. My notes, it may not give me a fair value after me just | ||
1666 | |1665 |02:35:03 ~-~-> 02:35:04 |plowing the unreal to equal lose. | ||
1667 | |1666 |02:35:15 ~-~-> 02:35:21 |Now there, and we'll look for a drive into that. So this is exercise number | ||
1668 | |1667 |02:35:21 ~-~-> 02:35:26 |six. We don't need to be right? It doesn't need to pan out. If it stops | ||
1669 | |1668 |02:35:26 ~-~-> 02:35:31 |out, it's not a big deal. It's just you submitting to the idea that this is | ||
1670 | |1669 |02:35:31 ~-~-> 02:35:36 |unfinished business down here, okay? And it's 15 minute relative equal lows. | ||
1671 | |1670 |02:35:37 ~-~-> 02:35:42 |We're in close proximity to it. We came up and we swiped this little short term | ||
1672 | |1671 |02:35:42 ~-~-> 02:35:48 |high in here, and we broke down. And if it trades lower, we are in a position | ||
1673 | |1672 |02:35:48 ~-~-> 02:35:52 |where we could capitalize on that. If it stops out, no problem. I'll wait for it | ||
1674 | |1673 |02:35:52 ~-~-> 02:35:55 |to break down again and it gives me another fair value gap. If it gives me | ||
1675 | |1674 |02:35:55 ~-~-> 02:35:58 |another fair value gap after being stopped out, if I get stopped out, okay, | ||
1676 | |1675 |02:35:58 ~-~-> 02:36:02 |stopped out. Now I'll have to wait just simply, if it gets back below the low in | ||
1677 | |1676 |02:36:02 ~-~-> 02:36:07 |here, of the rejection block that candlesticks, closing price, any | ||
1678 | |1677 |02:36:07 ~-~-> 02:36:12 |movement lower than that, it doesn't need to create the lower low here. We | ||
1679 | |1678 |02:36:12 ~-~-> 02:36:14 |don't need to pierce that | ||
1680 | |1679 |02:36:19 ~-~-> 02:36:24 |every single instance that a fair value got forms. Okay, every single one which | ||
1681 | |1680 |02:36:24 ~-~-> 02:36:29 |I missed. I missed this one here. I would have, I would have used this one, | ||
1682 | |1681 |02:36:29 ~-~-> 02:36:33 |but a stop loss right above here. So in fairness, for the exercise and the | ||
1683 | |1682 |02:36:33 ~-~-> 02:36:38 |drill, I would already be filled in here on a short with a stop loss right above | ||
1684 | |1683 |02:36:38 ~-~-> 02:36:47 |this high but I wasn't able to execute on that fast enough come talking. But | ||
1685 | |1684 |02:36:47 ~-~-> 02:36:51 |what you're doing is you're looking for every instance of analyst stock out | ||
1686 | |1685 |02:36:51 ~-~-> 02:36:55 |every instance of a fair value gap, and you're engaging every single one of | ||
1687 | |1686 |02:36:55 ~-~-> 02:37:01 |them, every single one of them with you, aiming for a particular pool of | ||
1688 | |1687 |02:37:01 ~-~-> 02:37:04 |liquidity or inefficiency, something that's giving you some kind of | ||
1689 | |1688 |02:37:04 ~-~-> 02:37:10 |directional bias. If it's directionally driven, like today, it makes it pretty | ||
1690 | |1689 |02:37:10 ~-~-> 02:37:13 |easy to trade on one side the marketplace. But there's going to be | ||
1691 | |1690 |02:37:13 ~-~-> 02:37:16 |days where you go in and you're practicing, and it's this range bound, | ||
1692 | |1691 |02:37:16 ~-~-> 02:37:22 |and that's actually the better times to be trading with your drills. Let me see | ||
1693 | |1692 |02:37:22 ~-~-> 02:37:30 |if I can do something in here. We already filled that one. All right, | ||
1694 | |1693 |02:37:30 ~-~-> 02:37:42 |let's see. Let's see. Those look smooth, do they not? And there's a minor buy | ||
1695 | |1694 |02:37:42 ~-~-> 02:37:52 |side liquidity pool here. So let's do let's do this | ||
1696 | |1695 |02:37:57 ~-~-> 02:38:06 |and stop loss here, and we'll aim for man trading. View is lagging. Everybody | ||
1697 | |1696 |02:38:06 ~-~-> 02:38:15 |must be doing paper trades. We're all fading. You. ICT, that's good. All | ||
1698 | |1697 |02:38:15 ~-~-> 02:38:18 |right, so this is the fair value gap, and we're just trying to go against the | ||
1699 | |1698 |02:38:18 ~-~-> 02:38:26 |grain here, and this to that and this, | ||
1700 | |1699 |02:38:32 ~-~-> 02:38:33 |come on. | ||
1701 | |1700 |02:38:38 ~-~-> 02:38:42 |So all we're doing is aiming for this little tiny, little minor buy side | ||
1702 | |1701 |02:38:42 ~-~-> 02:38:51 |liquid, equal rate there and it, if it goes there and really rejects and starts | ||
1703 | |1702 |02:38:51 ~-~-> 02:38:56 |to sell off, that means that we could probably see that 15 minute relative | ||
1704 | |1703 |02:38:56 ~-~-> 02:39:08 |equal lows get pounded and maybe even go lower. How about that? But I feel like | ||
1705 | |1704 |02:39:08 ~-~-> 02:39:16 |I've lost something today, like, like I've always enjoyed having not done any | ||
1706 | |1705 |02:39:16 ~-~-> 02:39:19 |executions in front of you live. I mean, I've done them before. You all know I've | ||
1707 | |1706 |02:39:19 ~-~-> 02:39:22 |done it, but you've never seen me do this, many of them in front of you, and | ||
1708 | |1707 |02:39:22 ~-~-> 02:39:34 |I kind of feel like my side, I feel like you're going to want me to do this a | ||
1709 | |1708 |02:39:34 ~-~-> 02:39:40 |lot, and that's what I've been trying to avoid. Because I don't, I don't want to | ||
1710 | |1709 |02:39:40 ~-~-> 02:39:43 |do these types of things, because it's better for you to be in here doing it | ||
1711 | |1710 |02:39:43 ~-~-> 02:39:46 |yourself. You're not going to learn anything by me doing it. The only thing | ||
1712 | |1711 |02:39:46 ~-~-> 02:39:52 |it does is it creates codependence, and I've seen this in my own private | ||
1713 | |1712 |02:39:52 ~-~-> 02:40:09 |mentorship students. Look at that. See that good old Phil, sorry. Wait. Do you | ||
1714 | |1713 |02:40:09 ~-~-> 02:40:19 |see what I do in pm session? So there you go. It came down, wicked through, | ||
1715 | |1714 |02:40:19 ~-~-> 02:40:23 |stopped and then ran to the target. Now, think about what that feels like right | ||
1716 | |1715 |02:40:23 ~-~-> 02:40:27 |now. What does that feel like, if this was a live trade that you were trading | ||
1717 | |1716 |02:40:27 ~-~-> 02:40:33 |in, would you be angry? Would you be mad? Would you be stop talking to me in | ||
1718 | |1717 |02:40:33 ~-~-> 02:40:36 |the telegram channel, or I will ban you? I | ||
1719 | |1718 |02:40:44 ~-~-> 02:40:50 |Alright, so now we have this little gap right here. Look at this one here. See | ||
1720 | |1719 |02:40:50 ~-~-> 02:40:50 |that one i | ||
1721 | |1720 |02:41:02 ~-~-> 02:41:14 |All right, so we had buy side taken, and now again lagging useless trading view. | ||
1722 | |1721 |02:41:14 ~-~-> 02:41:16 |You're fucking useless today. Okay, | ||
1723 | |1722 |02:41:21 ~-~-> 02:41:26 |how's that for affiliate marketing? This is some lame ass shit. There you go. | ||
1724 | |1723 |02:41:32 ~-~-> 02:41:34 |I'll show you this in a second. What | ||
1725 | |1724 |02:41:42 ~-~-> 02:41:50 |the fuck the stops, not even adjusting. I just dropped it and it still ain't | ||
1726 | |1725 |02:41:50 ~-~-> 02:41:51 |populating. | ||
1727 | |1726 |02:41:56 ~-~-> 02:42:02 |Unbelievable. Oh, thank you. I could have made fucking breakfast in the time | ||
1728 | |1727 |02:42:02 ~-~-> 02:42:10 |it took that. So if we have the low here to this candlesticks high, you see that | ||
1729 | |1728 |02:42:11 ~-~-> 02:42:20 |what I'm doing here is showing you the difference between the high this fairbag | ||
1730 | |1729 |02:42:20 ~-~-> 02:42:27 |out here and here, and it's 50% so my stop is at the highest point, because if | ||
1731 | |1730 |02:42:27 ~-~-> 02:42:30 |this is an inversion fair value gap, it should never breach the halfway point. | ||
1732 | |1731 |02:42:30 ~-~-> 02:42:36 |But for Caleb's abilities, he's not going to know that. He hasn't have | ||
1733 | |1732 |02:42:36 ~-~-> 02:42:42 |enough experience seeing it. So by having it run up to just half of that | ||
1734 | |1733 |02:42:42 ~-~-> 02:42:46 |gap here. In the gap looks like this. It's this one here. | ||
1735 | |1734 |02:42:53 ~-~-> 02:43:03 |And take it off. So what I'm saying is, inside this little area, allow me to | ||
1736 | |1735 |02:43:03 ~-~-> 02:43:09 |take the execution also for a second. I'll put them back on in a moment. This | ||
1737 | |1736 |02:43:09 ~-~-> 02:43:13 |is an inversion, fair value gap, and it's already delivered to half of this | ||
1738 | |1737 |02:43:13 ~-~-> 02:43:18 |wick. So that would be a partial. And then this low here would be a partial. | ||
1739 | |1738 |02:43:19 ~-~-> 02:43:23 |This gap in here could be a partial, consequent encroachment. Here could be a | ||
1740 | |1739 |02:43:23 ~-~-> 02:43:30 |partial, the new low here, that would be obviously a partial. But entering on the | ||
1741 | |1740 |02:43:30 ~-~-> 02:43:34 |inversion fair value gap, when it has a gap like this, you have to look at the | ||
1742 | |1741 |02:43:34 ~-~-> 02:43:39 |midpoint or consequent encroachment of the gap above it, because think about | ||
1743 | |1742 |02:43:39 ~-~-> 02:43:45 |like model 2022, how if it has two fair value gaps inside of that price leg that | ||
1744 | |1743 |02:43:45 ~-~-> 02:43:50 |displaces lower, it can always you have to afford yourself the ability to | ||
1745 | |1744 |02:43:50 ~-~-> 02:43:55 |weather some kind of a delivery into the higher fair value gap when you're going | ||
1746 | |1745 |02:43:55 ~-~-> 02:43:59 |short, like this case here, so the stop would have to be above The midpoint. So | ||
1747 | |1746 |02:44:00 ~-~-> 02:44:05 |to reduce some of the risk, we'll go right at the consequent curse, because | ||
1748 | |1747 |02:44:05 ~-~-> 02:44:09 |we've already had enough movement lower. If it comes back and stops me out, it's | ||
1749 | |1748 |02:44:09 ~-~-> 02:44:14 |no problem. It's one more transaction. But you're seeing and now we're below | ||
1750 | |1749 |02:44:14 ~-~-> 02:44:18 |here. So I'd like to see that one support price to the downside. If it | ||
1751 | |1750 |02:44:18 ~-~-> 02:44:22 |trades into it, it can wick through it it can wick through it a little bit, but | ||
1752 | |1751 |02:44:22 ~-~-> 02:44:26 |I want to see it kind of roll out and attack these lows and get down into this | ||
1753 | |1752 |02:44:26 ~-~-> 02:44:36 |imbalance there. So back inside the inversion, fair react here. Remember | ||
1754 | |1753 |02:44:36 ~-~-> 02:44:39 |partial would have been at consequent encroachment every time we see a big, | ||
1755 | |1754 |02:44:39 ~-~-> 02:44:43 |large wick, and we're going to trade and trades down into it. Consequent | ||
1756 | |1755 |02:44:43 ~-~-> 02:44:47 |encroachment of a wick is always a potential candidate for a partial. And | ||
1757 | |1756 |02:44:48 ~-~-> 02:44:52 |in the beginning, every single time you do that, like it would be here, you | ||
1758 | |1757 |02:44:52 ~-~-> 02:44:57 |would be partial doubt with something one. And then if you give a little this | ||
1759 | |1758 |02:44:57 ~-~-> 02:45:00 |low here, that'd be another partial. Here's an. Other, | ||
1760 | |1759 |02:45:06 ~-~-> 02:45:12 |and all you're dealing is just simply mapping out price having fun while | ||
1761 | |1760 |02:45:12 ~-~-> 02:45:18 |you're doing it. You're not trying to be critical of yourself, and that's not the | ||
1762 | |1761 |02:45:18 ~-~-> 02:45:18 |right color. I'm | ||
1763 | |1762 |02:45:24 ~-~-> 02:45:34 |and I would like to see it get real heavy in here, and try to displace below | ||
1764 | |1763 |02:45:35 ~-~-> 02:45:39 |these two relative equal lows in here and back below that 60 minute discount | ||
1765 | |1764 |02:45:39 ~-~-> 02:45:40 |consequence I'm | ||
1766 | |1765 |02:45:49 ~-~-> 02:45:52 |it most of the questions You guys ask mother fucker | ||
1767 | |1766 |02:46:40 ~-~-> 02:46:42 |and You'd screenshot that as a partial | ||
1768 | |1767 |02:46:54 ~-~-> 02:46:59 |motherfucker post another one your band. I just fucking told you guys to stop. I | ||
1769 | |1768 |02:47:07 ~-~-> 02:47:08 |What the fuck I | ||
1770 | |1769 |02:47:20 ~-~-> 02:47:38 |and another partial would have been inside this gap here and then now the | ||
1771 | |1770 |02:47:38 ~-~-> 02:47:47 |stock can roll to cover costs. We want to see speed and it if it goes below | ||
1772 | |1771 |02:47:47 ~-~-> 02:47:51 |this one here, it goes below that low, we still have to deal with the | ||
1773 | |1772 |02:47:51 ~-~-> 02:48:00 |consequent of this mid gap, or midwick. Rather, I it | ||
1774 | |1773 |02:48:09 ~-~-> 02:48:12 |does any of this look familiar like? Does it look like the things that you | ||
1775 | |1774 |02:48:12 ~-~-> 02:48:17 |see me doing in my recorded videos? It's the same stuff. I'm just picking the | ||
1776 | |1775 |02:48:17 ~-~-> 02:48:26 |better entries, but I'm showing you everything that you could consider and | ||
1777 | |1776 |02:48:26 ~-~-> 02:48:30 |how you factor all that stuff in. And you're never going to learn how to do | ||
1778 | |1777 |02:48:30 ~-~-> 02:48:34 |this until you get in here and you practice like this, annotating, | ||
1779 | |1778 |02:48:34 ~-~-> 02:48:35 |screenshotting, | ||
1780 | |1779 |02:48:40 ~-~-> 02:48:44 |and doing it every single day. What the fuck do? | ||
1781 | |1780 |02:49:13 ~-~-> 02:49:16 |There you go. There's the speed we're looking for that would be a partial, and | ||
1782 | |1781 |02:49:16 ~-~-> 02:49:28 |we want to see it drive down into the to take profit, which Trinity has done a | ||
1783 | |1782 |02:49:28 ~-~-> 02:49:35 |really good job of fucking around with today. Let this be something for your | ||
1784 | |1783 |02:49:35 ~-~-> 02:49:39 |tech team be working on, folks, because you can see, I'm live streaming this | ||
1785 | |1784 |02:49:39 ~-~-> 02:49:43 |stuff, and it's not working. Well, my concepts are working well, I'm | ||
1786 | |1785 |02:49:54 ~-~-> 02:49:58 |admittedly fucking raging right now because I've asked my private mentorship | ||
1787 | |1786 |02:49:58 ~-~-> 02:50:03 |students to stop posting in the. In the channels that I don't want to toggle off | ||
1788 | |1787 |02:50:03 ~-~-> 02:50:06 |to do the little mute button, | ||
1789 | |1788 |02:50:11 ~-~-> 02:50:15 |but I just had to go in there and you raise health and I'm pissed off because | ||
1790 | |1789 |02:50:15 ~-~-> 02:50:16 |they kept doing it. | ||
1791 | |1790 |02:50:22 ~-~-> 02:50:28 |So the 1515, minute relative equal lows are the top of that, that blue shaded | ||
1792 | |1791 |02:50:28 ~-~-> 02:50:29 |area, | ||
1793 | |1792 |02:50:34 ~-~-> 02:50:43 |there's another example of I'll never trade live in front I there's | ||
1794 | |1793 |02:50:43 ~-~-> 02:50:50 |executions, and none of this was done with Market Replay. That's how you do | ||
1795 | |1794 |02:50:50 ~-~-> 02:50:57 |it. Tito, that's how you do it. What the fuck i | ||
1796 | |1795 |02:51:03 ~-~-> 02:51:10 |i Listen. I am live streaming. My alerts in here are on every time you fucking | ||
1797 | |1796 |02:51:10 ~-~-> 02:51:14 |post here, it's appearing in my live stream. If I see it again, I'm banning | ||
1798 | |1797 |02:51:14 ~-~-> 02:51:17 |you. I've been very clear about it. Stop posting until the live streams done. | ||
1799 | |1798 |02:51:17 ~-~-> 02:51:22 |Please. Now understand that the fuck. | ||
1800 | |1799 |02:51:33 ~-~-> 02:51:39 |Okay, so you tell me, is this something that you think would be worthwhile for | ||
1801 | |1800 |02:51:39 ~-~-> 02:51:42 |you to do with your demo account? Now I'm not saying you're going to be able | ||
1802 | |1801 |02:51:42 ~-~-> 02:51:45 |to be this good at reading it. You're not going to be that good at the | ||
1803 | |1802 |02:51:45 ~-~-> 02:51:51 |beginning. Caleb's not going to be that good in the beginning. But you're never | ||
1804 | |1803 |02:51:51 ~-~-> 02:51:56 |going to get to be able to acquire the skill set to say that you are good until | ||
1805 | |1804 |02:51:56 ~-~-> 02:52:01 |you get in here and you experiment and you practice and you practice and you | ||
1806 | |1805 |02:52:01 ~-~-> 02:52:05 |practice and you practice. You ask me, How do I know these things? How do I | ||
1807 | |1806 |02:52:05 ~-~-> 02:52:10 |know this? First of all, you have to have a baseline foundation of what it is | ||
1808 | |1807 |02:52:10 ~-~-> 02:52:15 |that you're expecting in price action. You have to predict price, folks, that's | ||
1809 | |1808 |02:52:15 ~-~-> 02:52:20 |the that's the reality of this. Okay, you have to predict price. We're not | ||
1810 | |1809 |02:52:20 ~-~-> 02:52:26 |reacting to shit. I'm waiting for something that I'm waiting to see form | ||
1811 | |1810 |02:52:26 ~-~-> 02:52:32 |when it forms. I'm engaging it. I'm selling into it when it's going up. I'm | ||
1812 | |1811 |02:52:32 ~-~-> 02:52:36 |not selling when it's going down. I'm not chasing price. I never fucking Chase | ||
1813 | |1812 |02:52:36 ~-~-> 02:52:41 |price. Twitter has a real big fucking bitter pill to swallow today. Okay, they | ||
1814 | |1813 |02:52:41 ~-~-> 02:52:45 |have a real big fucking pill to swallow, and I hope they fucking choke on it, | ||
1815 | |1814 |02:52:45 ~-~-> 02:52:51 |because this is an everyday instance, every single day instance, where looking | ||
1816 | |1815 |02:52:51 ~-~-> 02:52:55 |for the things that I teach and price gravitates to them. We wanted to see | ||
1817 | |1816 |02:52:56 ~-~-> 02:53:01 |these 15 minute lows traded to yesterday. No problem, not a problem at | ||
1818 | |1817 |02:53:01 ~-~-> 02:53:08 |all. It delivered the next day. But there was trades taken in my students | ||
1819 | |1818 |02:53:08 ~-~-> 02:53:13 |group in the free students community. I mean, everybody's everybody was | ||
1820 | |1819 |02:53:13 ~-~-> 02:53:17 |basically copying what I was outlining yesterday in the NASDAQ, and they were | ||
1821 | |1820 |02:53:17 ~-~-> 02:53:20 |sharing it. And admittedly, that kind of pisses me off, because if you want to | ||
1822 | |1821 |02:53:20 ~-~-> 02:53:25 |make your trades on that stuff and you make money off of it, keep it private. | ||
1823 | |1822 |02:53:25 ~-~-> 02:53:29 |Don't Don't tell me about it. Don't add don't at me, okay, because it gets in my | ||
1824 | |1823 |02:53:29 ~-~-> 02:53:33 |head and screws me up. Like, right now I'm pissed off that my private | ||
1825 | |1824 |02:53:33 ~-~-> 02:53:38 |mentorship group, one of them has, it's very simple, if I say, Stop posting in | ||
1826 | |1825 |02:53:38 ~-~-> 02:53:41 |the channel, like, Put the fucking in there, doing that. I'm live streaming. | ||
1827 | |1826 |02:53:41 ~-~-> 02:53:44 |I'm literally teaching right now. What are you in there conversing about? You | ||
1828 | |1827 |02:53:44 ~-~-> 02:53:49 |should be watching, paying attention. You're in your fucking chit chat. And | ||
1829 | |1828 |02:53:49 ~-~-> 02:53:53 |fucking alerts popping up. Dang. I'm fucking raging right now. I'm literally | ||
1830 | |1829 |02:53:53 ~-~-> 02:54:01 |fucking fuming right now. I could spit fucking nails. Alright? So I done lost | ||
1831 | |1830 |02:54:01 ~-~-> 02:54:06 |count. Where we're at now, how many do I gotta do? Get to 10? We have 1234567, | ||
1832 | |1831 |02:54:10 ~-~-> 02:54:19 |got three more to do. Let's see if I can lose this $3,100, all right, let's see | ||
1833 | |1832 |02:54:19 ~-~-> 02:54:31 |here. We've wiped out the the 15 minute relative equal lows. Let's do this. | ||
1834 | |1833 |02:54:31 ~-~-> 02:54:45 |Let's do this. Go over to let's go to a 15 minute chart. Real quick. All right? | ||
1835 | |1834 |02:54:45 ~-~-> 02:54:50 |And yes, it's ugly. Take this stuff off for a second. So here's those relative | ||
1836 | |1835 |02:54:50 ~-~-> 02:54:55 |equal lows. We traded down to that. That was what I was trading. We have this | ||
1837 | |1836 |02:54:55 ~-~-> 02:55:01 |low, and let's examine that though, see if we're. Anything in here you can use, | ||
1838 | |1837 |02:55:01 ~-~-> 02:55:10 |are you having fun today? In this fun, it's all fun. It's just drills, okay? | ||
1839 | |1838 |02:55:10 ~-~-> 02:55:16 |It's exercise with a purpose. All right, so we have, um, | ||
1840 | |1839 |02:55:27 ~-~-> 02:55:29 |this inefficiency right there. | ||
1841 | |1840 |02:55:41 ~-~-> 02:55:45 |Okay, and we're inside that right now. So next order of business would be | ||
1842 | |1841 |02:55:45 ~-~-> 02:56:01 |rejection block there, and then the actual low. And if you want extra | ||
1843 | |1842 |02:56:01 ~-~-> 02:56:08 |credit, you can do the consequence of the wick there. So there's our next | ||
1844 | |1843 |02:56:08 ~-~-> 02:56:12 |three key levels, and that would look like over here. These, I | ||
1845 | |1844 |02:56:28 ~-~-> 02:56:33 |Okay, and all I just did was wrote down on my notepad these individual levels | ||
1846 | |1845 |02:56:34 ~-~-> 02:56:37 |and just shorthanded little notes as of what they are, rejection block. 19,008 | ||
1847 | |1846 |02:56:38 ~-~-> 02:56:45 |94 and a half, consequent encroachment. 19,008 77, and a half and 15 minute low. | ||
1848 | |1847 |02:56:45 ~-~-> 02:56:52 |19,008 60 even. Okay, and then we can go back and add all this bullshit back on | ||
1849 | |1848 |02:56:52 ~-~-> 02:56:53 |here again, | ||
1850 | |1849 |02:56:59 ~-~-> 02:57:07 |and to simply watch they have the weekly biosymbol balance, cell sign efficiency, | ||
1851 | |1850 |02:57:07 ~-~-> 02:57:16 |consequence level down here at 19,008 83, and a quarter, we have a volume | ||
1852 | |1851 |02:57:16 ~-~-> 02:57:21 |imbalance in there that could have been used for a short exercise as well. | ||
1853 | |1852 |02:57:41 ~-~-> 02:57:42 |This right here. | ||
1854 | |1853 |02:58:02 ~-~-> 02:58:15 |I volume of balance right here. So now let's practice with that in mind, like | ||
1855 | |1854 |02:58:15 ~-~-> 02:58:22 |we're going to use really, really low towards the low of the day, low | ||
1856 | |1855 |02:58:22 ~-~-> 02:58:26 |probability, but unfinished business. Down here we have weekly Python, | ||
1857 | |1856 |02:58:26 ~-~-> 02:58:29 |balance, cell, sign efficiency, consequent encouragement, | ||
1858 | |1857 |02:58:34 ~-~-> 02:58:44 |stop loss, and then target, right before I get into that level. Okay. It's not a | ||
1859 | |1858 |02:58:44 ~-~-> 02:58:47 |fair value gap, but I'm just going to show you, because I'm getting pissed off | ||
1860 | |1859 |02:58:47 ~-~-> 02:58:51 |sitting here and I want to get through the exercise number that I was supposed | ||
1861 | |1860 |02:58:51 ~-~-> 02:58:53 |to go through 10. So now we're at eight. | ||
1862 | |1861 |02:59:00 ~-~-> 02:59:04 |Now the volume of balance being treated as something bullish. See that volume of | ||
1863 | |1862 |02:59:04 ~-~-> 02:59:11 |balance right there. I'm using what this what this market's giving me. It's not | ||
1864 | |1863 |02:59:11 ~-~-> 02:59:13 |giving me a fair value got yet. So | ||
1865 | |1864 |02:59:22 ~-~-> 02:59:35 |I'm first presented fair value gap today was a banger. Beautiful, beautiful, | ||
1866 | |1865 |02:59:35 ~-~-> 02:59:35 |beautiful. | ||
1867 | |1866 |02:59:42 ~-~-> 03:00:04 |You. Above consequence encroachment of the WIC. Okay, that's nine. I got one | ||
1868 | |1867 |03:00:04 ~-~-> 03:00:09 |more to go. We have fair value gap here. | ||
1869 | |1868 |03:00:18 ~-~-> 03:00:27 |Hello, see if we can try to make A run on to these relative equal highs. I | ||
1870 | |1869 |03:01:00 ~-~-> 03:01:20 |The easiest way to get over your fear is to simply just get in here and press the | ||
1871 | |1870 |03:01:20 ~-~-> 03:01:25 |button and just submit to whatever it's going to do. And over time, you'll get | ||
1872 | |1871 |03:01:25 ~-~-> 03:01:28 |better at reading price. You'll get better at seeing the ones that you would | ||
1873 | |1872 |03:01:28 ~-~-> 03:01:31 |really like to take a trade on. Everything improves with time. It's not | ||
1874 | |1873 |03:01:33 ~-~-> 03:01:36 |going to feel comfortable doing it in the beginning. It's going to feel like, | ||
1875 | |1874 |03:01:36 ~-~-> 03:01:41 |what am I actually doing here? But over time, you'll get to the point where it's | ||
1876 | |1875 |03:01:44 ~-~-> 03:01:51 |just a matter of like a meditation, like you just meditate doing executions, | ||
1877 | |1876 |03:01:51 ~-~-> 03:01:55 |pushing the envelope of getting in, getting in, getting in, getting in, | ||
1878 | |1877 |03:01:55 ~-~-> 03:01:59 |getting in, getting in with no fear or expectation the outcome. You're just | ||
1879 | |1878 |03:01:59 ~-~-> 03:02:03 |looking at price gravitating towards a level that you think is going to be | ||
1880 | |1879 |03:02:03 ~-~-> 03:02:07 |magnetized for price is going to draw to it. It doesn't mean you're right. | ||
1881 | |1880 |03:02:08 ~-~-> 03:02:11 |Doesn't need to be right. It doesn't mean that you are a bad trader. If you | ||
1882 | |1881 |03:02:11 ~-~-> 03:02:16 |have more executions to get stopped out than winning executions, because it's an | ||
1883 | |1882 |03:02:16 ~-~-> 03:02:22 |exercise. When you go to the gym, you work out, you go there for two weeks, | ||
1884 | |1883 |03:02:23 ~-~-> 03:02:27 |are you at the weight and the physique that you wanted to do, or have at the | ||
1885 | |1884 |03:02:27 ~-~-> 03:02:30 |time when you first start out to have the goal of wanting to exercise and | ||
1886 | |1885 |03:02:30 ~-~-> 03:02:35 |improve your wellness and health? No, of course not. But you know, by doing those | ||
1887 | |1886 |03:02:35 ~-~-> 03:02:40 |things you're going to do, what move in the direction of getting to that goal, | ||
1888 | |1887 |03:02:41 ~-~-> 03:02:45 |and you have to have some kind of structured approach and going in and | ||
1889 | |1888 |03:02:45 ~-~-> 03:02:51 |attacking pools of liquidity, going in using fair value gaps, every single one | ||
1890 | |1889 |03:02:51 ~-~-> 03:02:55 |that pops up and engage in it. Just use it. Just get in there and pop it and | ||
1891 | |1890 |03:02:55 ~-~-> 03:02:59 |just trade on it. And what will happen is you'll get better at doing it over | ||
1892 | |1891 |03:02:59 ~-~-> 03:03:04 |and over and over again. And you you build this affinity for what the | ||
1893 | |1892 |03:03:04 ~-~-> 03:03:09 |market's doing at that given time. Okay, hopefully it makes sense. It may not | ||
1894 | |1893 |03:03:09 ~-~-> 03:03:14 |make sense to some of you. It may sound like a bunch of bullshit, but the bottom | ||
1895 | |1894 |03:03:14 ~-~-> 03:03:17 |line is, is there's nothing there. I'm not afraid of pushing the button in | ||
1896 | |1895 |03:03:17 ~-~-> 03:03:22 |front of all you. Okay? I'm literally just reading every tiny, little, minor | ||
1897 | |1896 |03:03:22 ~-~-> 03:03:26 |fluctuation without any kind of rhyme or reason, except for, here's where it | ||
1898 | |1897 |03:03:26 ~-~-> 03:03:31 |could draw to for stops, and here's the right now, the right now fair value gap | ||
1899 | |1898 |03:03:32 ~-~-> 03:03:35 |and the right now fair value gap is not always the right one. And that's, that's | ||
1900 | |1899 |03:03:35 ~-~-> 03:03:41 |what you get by doing this. You find out the ones that work because you've done | ||
1901 | |1900 |03:03:41 ~-~-> 03:03:49 |enough of them, you've seen enough of it. Okay, so give me a second here. I | ||
1902 | |1901 |03:03:49 ~-~-> 03:03:52 |think I did 10. Did I do 10? | ||
1903 | |1902 |03:04:00 ~-~-> 03:04:12 |1234, if I 56789, 10. There you go, 10 of them. The net results, $3,575 the | ||
1904 | |1903 |03:04:13 ~-~-> 03:04:23 |123456, negative transactions inside of 10 transactions of drills, not not | ||
1905 | |1904 |03:04:23 ~-~-> 03:04:26 |highly selected trades, not high probability entries, not the ones I want | ||
1906 | |1905 |03:04:26 ~-~-> 03:04:31 |to trade on, but I'm forcing myself to take as the market's moving around, if | ||
1907 | |1906 |03:04:31 ~-~-> 03:04:36 |it creates a fair value gap, I want to see it draw to a particular pool of | ||
1908 | |1907 |03:04:36 ~-~-> 03:04:41 |liquidity. That's what we watched today. That's all we watched today. Okay, | ||
1909 | |1908 |03:04:41 ~-~-> 03:04:45 |that's all it is. And when you go into your demo account trading and you use it | ||
1910 | |1909 |03:04:45 ~-~-> 03:04:52 |like this, it gives you now a baseline. Now you can't use today's as your | ||
1911 | |1910 |03:04:52 ~-~-> 03:04:55 |experience, because it was me doing what I was doing. Okay? I was making the | ||
1912 | |1911 |03:04:55 ~-~-> 03:05:02 |decisions, doing all this today, not you. So what I. You to do is go forward | ||
1913 | |1912 |03:05:02 ~-~-> 03:05:06 |with this. And if you can, if you have the ability to do it today in the | ||
1914 | |1913 |03:05:06 ~-~-> 03:05:12 |afternoon, try to do it where you're going to engage with a 15 second chart, | ||
1915 | |1914 |03:05:12 ~-~-> 03:05:17 |or one minute chart, and take as many executions as you can. You want to use a | ||
1916 | |1915 |03:05:17 ~-~-> 03:05:23 |one minute chart, you know, as as the highest time frame, because the one | ||
1917 | |1916 |03:05:23 ~-~-> 03:05:27 |minute chart is going to give you lots of opportunities to practice. The 15 | ||
1918 | |1917 |03:05:27 ~-~-> 03:05:31 |second chart will give you even more, because there's a whole lot more price | ||
1919 | |1918 |03:05:31 ~-~-> 03:05:35 |delivery, and there's lots of fair value gaps that form on this time frame, | ||
1920 | |1919 |03:05:35 ~-~-> 03:05:38 |there's lots of little pools of liquidity, little short term highs, | ||
1921 | |1920 |03:05:38 ~-~-> 03:05:42 |little short term lows and whatnot. So it gives you a great deal of framework | ||
1922 | |1921 |03:05:42 ~-~-> 03:05:47 |to practice in. It's a perfect little laboratory experiment, and it hopefully, | ||
1923 | |1922 |03:05:47 ~-~-> 03:05:53 |if you use it this way, as a as a coaching mechanism for yourself, like | ||
1924 | |1923 |03:05:53 ~-~-> 03:05:58 |you can do your own measurement of progress by doing this every single day. | ||
1925 | |1924 |03:05:59 ~-~-> 03:06:14 |Now, what time was my first execution, 930 something, right now, over here, 951 | ||
1926 | |1925 |03:06:14 ~-~-> 03:06:27 |is that right? I think no. Here you go. Alright, so 936 All right, I didn't do | ||
1927 | |1926 |03:06:27 ~-~-> 03:06:39 |anything earlier. Now, did yeah, there we go. 926 926 and then stopped out | ||
1928 | |1927 |03:06:39 ~-~-> 03:06:43 |there, and then use the first fair value gap of the of the morning, and then look | ||
1929 | |1928 |03:06:43 ~-~-> 03:06:51 |at look where it was there to all the way down to the relative eco lows. | ||
1930 | |1929 |03:06:51 ~-~-> 03:06:56 |That's how you take your framework in your exercise, and say, Okay, which one | ||
1931 | |1930 |03:06:56 ~-~-> 03:07:01 |of all the trades I was in, which one was my best one, which one was my worst | ||
1932 | |1931 |03:07:01 ~-~-> 03:07:05 |one, and which one was the closest one, on the line with what actually delivered | ||
1933 | |1932 |03:07:05 ~-~-> 03:07:10 |the best in the parts of of trading. And you can see that, you know, it's pretty | ||
1934 | |1933 |03:07:10 ~-~-> 03:07:16 |it's pretty good in it. It's random, but trading down to where I told you | ||
1935 | |1934 |03:07:16 ~-~-> 03:07:21 |yesterday, it would most likely reach for and we're in that now. So next order | ||
1936 | |1935 |03:07:21 ~-~-> 03:07:24 |of business is that weekly buy side balance, sell side efficiencies, | ||
1937 | |1936 |03:07:24 ~-~-> 03:07:30 |consequence encroachment, and that's volatility, Pinball. It means you're | ||
1938 | |1937 |03:07:30 ~-~-> 03:07:34 |buying and selling, buying and selling, using every fair value gap that forms on | ||
1939 | |1938 |03:07:34 ~-~-> 03:07:39 |a 15 second or one minute chart. And you're going to run with that to a old | ||
1940 | |1939 |03:07:39 ~-~-> 03:07:44 |high or an old low that's all you're doing, and you just practice doing that. | ||
1941 | |1940 |03:07:44 ~-~-> 03:07:50 |I promise you, it will feel weird dealing it'll feel like you're wasting | ||
1942 | |1941 |03:07:50 ~-~-> 03:07:53 |time. It'll feel like you don't know what you're doing. Why do this? Why do | ||
1943 | |1942 |03:07:53 ~-~-> 03:07:57 |this? When you start getting a baseline measurement of what it is that you're | ||
1944 | |1943 |03:07:57 ~-~-> 03:08:04 |measuring, and I want you to think about me aiming for, for these relative equal | ||
1945 | |1944 |03:08:04 ~-~-> 03:08:07 |highs and then trading up into the consequent crochet of that wick right | ||
1946 | |1945 |03:08:07 ~-~-> 03:08:13 |there you see that. Look at that delivery and down into the low here, | ||
1947 | |1946 |03:08:13 ~-~-> 03:08:17 |you're not going to find that in your Elliot wave shit. Okay, you're not, | ||
1948 | |1947 |03:08:17 ~-~-> 03:08:26 |you're not going to find that. But just when you come to my videos and you watch | ||
1949 | |1948 |03:08:26 ~-~-> 03:08:30 |my live streams or whatnot, or you read my Twitter posts, I have a great deal of | ||
1950 | |1949 |03:08:30 ~-~-> 03:08:36 |fun you know, torquin people that love to hate me. I'm convinced that not all | ||
1951 | |1950 |03:08:36 ~-~-> 03:08:39 |of them really genuinely hate me. They like to get a rise out of me, and I I | ||
1952 | |1951 |03:08:39 ~-~-> 03:08:44 |don't mind. I like to reciprocate and give a little bit back to them. There's | ||
1953 | |1952 |03:08:44 ~-~-> 03:08:52 |the consequence and fishy inefficiency rather, and it's for it's for sport. | ||
1954 | |1953 |03:08:52 ~-~-> 03:08:57 |Okay, I'm not losing sleep over anything anybody says about me online, because I | ||
1955 | |1954 |03:08:57 ~-~-> 03:09:01 |know what I know. I know I can trade. I know I've made millionaire students. I | ||
1956 | |1955 |03:09:01 ~-~-> 03:09:04 |have profitable students all around the world. I have new students coming in, | ||
1957 | |1956 |03:09:04 ~-~-> 03:09:07 |learning right now with you side by side, and they're learning right along | ||
1958 | |1957 |03:09:07 ~-~-> 03:09:17 |with my son. So when you see, I guess it's like, what are you here for? | ||
1959 | |1958 |03:09:18 ~-~-> 03:09:22 |Because if you hear just the, you know, to poke fun, that's fine. I mean, I'm | ||
1960 | |1959 |03:09:22 ~-~-> 03:09:26 |not going to block you because of that, but if you constantly take what I said | ||
1961 | |1960 |03:09:26 ~-~-> 03:09:31 |out of context, I'm going to mute you because you're not being honest. You're | ||
1962 | |1961 |03:09:31 ~-~-> 03:09:35 |not You're not reporting back what really was going on, like today. There's | ||
1963 | |1962 |03:09:35 ~-~-> 03:09:39 |no doubting it. Now you've seen it. Okay? There's pushing the buttons. | ||
1964 | |1963 |03:09:39 ~-~-> 03:09:45 |There's a net result at the end that even if you look at that, that's not my | ||
1965 | |1964 |03:09:45 ~-~-> 03:09:50 |real result. My real result would be simply taking that first fair value gap | ||
1966 | |1965 |03:09:50 ~-~-> 03:09:55 |entry and adding more to it here, pyramiding there, and pyramiding into | ||
1967 | |1966 |03:09:55 ~-~-> 03:10:01 |that. And I don't want to go so far say i. Be in this pyramid in that but I | ||
1968 | |1967 |03:10:01 ~-~-> 03:10:06 |would have been out in here. You know, I just look at my trades and see that | ||
1969 | |1968 |03:10:06 ~-~-> 03:10:12 |that's how I trade it. That's how I do it. And when people say, you do it live, | ||
1970 | |1969 |03:10:12 ~-~-> 03:10:16 |do it live. Do it live. I know really what you want to see. You want to see | ||
1971 | |1970 |03:10:16 ~-~-> 03:10:22 |it, so that way you can copy me. That's really, really, what you want, and I | ||
1972 | |1971 |03:10:22 ~-~-> 03:10:30 |really, really love denying that because it's problematic for me. Okay, I can | ||
1973 | |1972 |03:10:30 ~-~-> 03:10:39 |trade without any emotion when I know that I'm the only one in there, when I'm | ||
1974 | |1973 |03:10:39 ~-~-> 03:10:46 |by myself and no one is aware of what I'm doing, I feel confident that I'm I'm | ||
1975 | |1974 |03:10:46 ~-~-> 03:10:54 |equipped to to measure the risk and to incur that risk. If I'm wrong, I'm | ||
1976 | |1975 |03:10:54 ~-~-> 03:10:59 |willing to be wrong, but I'm not willing, as a mentor, as a teacher, to | ||
1977 | |1976 |03:10:59 ~-~-> 03:11:05 |allow you to assume greater risk than you really should take on. And what does | ||
1978 | |1977 |03:11:05 ~-~-> 03:11:09 |that mean? I'm certain that some of you probably did some of these things today | ||
1979 | |1978 |03:11:09 ~-~-> 03:11:13 |with a live account, or a funded account or a challenged combine something to | ||
1980 | |1979 |03:11:13 ~-~-> 03:11:18 |that effect, and I'm dreading going over to Twitter just for that, not because | ||
1981 | |1980 |03:11:18 ~-~-> 03:11:20 |anybody else that might have something trolling to say, because I'm only | ||
1982 | |1981 |03:11:20 ~-~-> 03:11:27 |trouble today, because it's pretty much obvious now, but I get I get nervous. | ||
1983 | |1982 |03:11:27 ~-~-> 03:11:32 |Okay, I'm going to be real honest with you, I get really, really nervous when I | ||
1984 | |1983 |03:11:32 ~-~-> 03:11:36 |know other people are risking money on the things that I'm doing. Because I | ||
1985 | |1984 |03:11:36 ~-~-> 03:11:41 |don't have that fear. I don't look at my transactions as I'm gonna lose money, | ||
1986 | |1985 |03:11:41 ~-~-> 03:11:47 |I'm gonna hurt myself financially. I don't feel that. And when I see other | ||
1987 | |1986 |03:11:47 ~-~-> 03:11:54 |people telling me that, thank you, ICT, you're the king high five, and that's | ||
1988 | |1987 |03:11:54 ~-~-> 03:11:57 |showing me their trade that this took, and I know that that was based on what I | ||
1989 | |1988 |03:11:57 ~-~-> 03:12:04 |just said in the live stream, my stomach turns in a knot like that makes me | ||
1990 | |1989 |03:12:04 ~-~-> 03:12:09 |emotional about what I'm going to do next, and I don't feel that otherwise, | ||
1991 | |1990 |03:12:09 ~-~-> 03:12:14 |I'm like a psychotic killer. I have zero of emotion. I'm nothing. I'm blanked out | ||
1992 | |1991 |03:12:14 ~-~-> 03:12:20 |in emotion, like I don't have any feelings. When I'm trading I have zero | ||
1993 | |1992 |03:12:20 ~-~-> 03:12:25 |feelings. But if I know I have students around the world that I are potentially | ||
1994 | |1993 |03:12:25 ~-~-> 03:12:29 |putting real money at risk behind that now, all of a sudden, my mind moves from | ||
1995 | |1994 |03:12:30 ~-~-> 03:12:38 |the process of watching these candles do what I want them to do to now, are they | ||
1996 | |1995 |03:12:38 ~-~-> 03:12:42 |being smart enough to take the partial off here? Are they freaking out when | ||
1997 | |1996 |03:12:42 ~-~-> 03:12:46 |this retracements occurring right now? But I'm not nervous about it. Think | ||
1998 | |1997 |03:12:46 ~-~-> 03:12:50 |about how it was, what was booking price back here. I can take these off now. | ||
1999 | |1998 |03:12:54 ~-~-> 03:12:58 |When price was trading here with the inversion fair value gap, and I was | ||
2000 | |1999 |03:12:58 ~-~-> 03:13:05 |talking about how price can use the same effect that we seen and I taught the | ||
2001 | |2000 |03:13:05 ~-~-> 03:13:08 |2022, model, you know, the one the kid just made a million dollars with. I | ||
2002 | |2001 |03:13:09 ~-~-> 03:13:15 |suppose we just watched one video, to be honest, man, this higher fair value gap | ||
2003 | |2002 |03:13:15 ~-~-> 03:13:21 |there because it's there with this inversion fair value gap. Remember, I | ||
2004 | |2003 |03:13:21 ~-~-> 03:13:24 |was teaching yesterday about inversion fair value gap. It's got to trade away | ||
2005 | |2004 |03:13:24 ~-~-> 03:13:29 |from it and then come back up. And you want to see the body stay in the lower | ||
2006 | |2005 |03:13:29 ~-~-> 03:13:32 |half, but it can wick to the upper half of it. Now in this case, what is it | ||
2007 | |2006 |03:13:32 ~-~-> 03:13:38 |doing? It's wicking outside of that orange box. Is that normal? In this | ||
2008 | |2007 |03:13:38 ~-~-> 03:13:42 |instance, it is. Why? Because I called your attention to this fair value gap, | ||
2009 | |2008 |03:13:42 ~-~-> 03:13:47 |because it's a similar idea that having two fair value gaps stacked up on the | ||
2010 | |2009 |03:13:47 ~-~-> 03:13:53 |distribution side of the curve here, when it's going down, it can stab up | ||
2011 | |2010 |03:13:53 ~-~-> 03:13:54 |into that. So your stop loss has to be | ||
2012 | |2011 |03:13:56 ~-~-> 03:14:00 |making an allowance for the market to trade up into that. But how far can it | ||
2013 | |2012 |03:14:00 ~-~-> 03:14:07 |trade up into it? It needs to stay below the upper half or the midpoint here, and | ||
2014 | |2013 |03:14:07 ~-~-> 03:14:17 |you can see it does that. So there's no, there's no reason to fear, you know, | ||
2015 | |2014 |03:14:17 ~-~-> 03:14:20 |doing it wrong, because there's enough winning trades out there to fix all that | ||
2016 | |2015 |03:14:20 ~-~-> 03:14:26 |stuff. And they repeat a lot. And you saw me do a lot of trades executions | ||
2017 | |2016 |03:14:26 ~-~-> 03:14:31 |here today, and using a 15 second chart, I was buying and selling and even | ||
2018 | |2017 |03:14:31 ~-~-> 03:14:35 |forcing myself in the situations where I knew it was low probability, but you're | ||
2019 | |2018 |03:14:36 ~-~-> 03:14:41 |you're able to see me call it why it should do what it should do when it's on | ||
2020 | |2019 |03:14:41 ~-~-> 03:14:46 |side. That's the takeaway. I told you where it's going to go to yesterday, we | ||
2021 | |2020 |03:14:46 ~-~-> 03:14:51 |traded to it. Today, I would be completely done with the morning | ||
2022 | |2021 |03:14:51 ~-~-> 03:14:54 |session, and I would close my charts. And that's what I'm going to do today. | ||
2023 | |2022 |03:14:54 ~-~-> 03:14:57 |I'm going to do that now. So I hope you learned something today. I hope you had | ||
2024 | |2023 |03:14:57 ~-~-> 03:15:01 |fun doing it. Hope you've been inspired to practice. This with your demo account | ||
2025 | |2024 |03:15:01 ~-~-> 03:15:05 |like this. Now, don't be discouraged if you're not doing the types these type of | ||
2026 | |2025 |03:15:05 ~-~-> 03:15:10 |setups, if you can't see these things in the beginning, that's a byproduct of you | ||
2027 | |2026 |03:15:10 ~-~-> 03:15:15 |practicing and studying ongoing. That's what you get over time. Caleb, you're | ||
2028 | |2027 |03:15:15 ~-~-> 03:15:19 |not going to get like this just the first two times that you start doing it, | ||
2029 | |2028 |03:15:19 ~-~-> 03:15:25 |but still submit to it every day and over time. How much time months? You'll | ||
2030 | |2029 |03:15:25 ~-~-> 03:15:31 |see progress in a couple weeks, but you'll see notable progress in two to | ||
2031 | |2030 |03:15:31 ~-~-> 03:15:38 |three months. By doing that as a natural progression of working towards refining | ||
2032 | |2031 |03:15:38 ~-~-> 03:15:44 |your skill being able to reprice using limit orders, always limit orders, | ||
2033 | |2032 |03:15:44 ~-~-> 03:15:50 |always limit orders, always limit orders, not marketing in, not marketing | ||
2034 | |2033 |03:15:50 ~-~-> 03:15:55 |in. If you're using a market order, you're rushing, you're being impulsive, | ||
2035 | |2034 |03:15:55 ~-~-> 03:15:59 |and you're probably being emotional, and the only time that is invited and | ||
2036 | |2035 |03:15:59 ~-~-> 03:16:03 |allowed is when you're trying to hurry up, protect your money, if you feel like | ||
2037 | |2036 |03:16:03 ~-~-> 03:16:07 |something's amiss, something's really wrong, it's easier just to close the | ||
2038 | |2037 |03:16:07 ~-~-> 03:16:12 |trade and just be out of it. Just do that, move to the sidelines and market | ||
2039 | |2038 |03:16:12 ~-~-> 03:16:18 |out. Just get out. But entering a trade you should never, ever, ever, even | ||
2040 | |2039 |03:16:18 ~-~-> 03:16:21 |though you've seen a plethora of me entering my trades with a market order, | ||
2041 | |2040 |03:16:21 ~-~-> 03:16:26 |because I'm using these hot buttons up here. Again, I have only been doing that | ||
2042 | |2041 |03:16:26 ~-~-> 03:16:34 |to show you that it's not Market Replay. Okay, so clearly we saw executions today | ||
2043 | |2042 |03:16:34 ~-~-> 03:16:39 |only on the basis of limit orders. Today, only limit orders, and I'm going | ||
2044 | |2043 |03:16:39 ~-~-> 03:16:45 |to leave it to you all as the as the community. Okay, do you see any value in | ||
2045 | |2044 |03:16:45 ~-~-> 03:16:51 |having this as a exercise? Do you have any reasons why this would not be | ||
2046 | |2045 |03:16:51 ~-~-> 03:16:58 |beneficial to someone that would be trying to learn how to do what I teach? | ||
2047 | |2046 |03:16:59 ~-~-> 03:17:04 |Because you have to do stuff when I'm not talking in between, when you're | ||
2048 | |2047 |03:17:04 ~-~-> 03:17:09 |watching videos. What are what are you as the student in the making? What are | ||
2049 | |2048 |03:17:09 ~-~-> 03:17:13 |you as the person trying to learn how to do this? What are you doing? What are | ||
2050 | |2049 |03:17:13 ~-~-> 03:17:18 |you bringing to this journey? Because if it's just ICT talking to you and I'm | ||
2051 | |2050 |03:17:18 ~-~-> 03:17:22 |entertaining you and hopefully communicating something that's useful to | ||
2052 | |2051 |03:17:22 ~-~-> 03:17:27 |you and engaging your attention. If that's all there is to it, then you're | ||
2053 | |2052 |03:17:27 ~-~-> 03:17:30 |never going to get good at this. You're never going to make money with it, and | ||
2054 | |2053 |03:17:30 ~-~-> 03:17:34 |you're never going to be able to pass these account funds challenges you've | ||
2055 | |2054 |03:17:34 ~-~-> 03:17:39 |put forth in front of you, because you this is the stuff you have to do. This | ||
2056 | |2055 |03:17:39 ~-~-> 03:17:44 |is all part of it, and if you don't recognize that, if you don't see it for | ||
2057 | |2056 |03:17:44 ~-~-> 03:17:50 |what it is, then you're you're wasting your time. I'm not wasting your time. | ||
2058 | |2057 |03:17:50 ~-~-> 03:17:52 |I'm not giving you stuff that doesn't work. I'm giving you stuff that | ||
2059 | |2058 |03:17:52 ~-~-> 03:17:58 |absolutely works. And as much as you think it's too much to listen to and too | ||
2060 | |2059 |03:17:58 ~-~-> 03:18:01 |much to go through, you look at all those videos over there on that YouTube | ||
2061 | |2060 |03:18:01 ~-~-> 03:18:09 |channel, 500 plus videos, man, or whatever count is. But you don't have to | ||
2062 | |2061 |03:18:09 ~-~-> 03:18:13 |watch all those videos. If you just start with the 2024 mentorship. I'm | ||
2063 | |2062 |03:18:13 ~-~-> 03:18:18 |literally giving you a hand holding session as best as I can over real time | ||
2064 | |2063 |03:18:18 ~-~-> 03:18:24 |price action, just like I was when I was doing mentorship. Nothing here is | ||
2065 | |2064 |03:18:24 ~-~-> 03:18:29 |getting deleted. Nothing ever gets edited. The live stream goes up on the | ||
2066 | |2065 |03:18:29 ~-~-> 03:18:34 |live stream section of the YouTube channel as is, anything that I've said | ||
2067 | |2066 |03:18:34 ~-~-> 03:18:37 |incorrectly, anything that I've done wrong or incorrect, is still in there. | ||
2068 | |2067 |03:18:37 ~-~-> 03:18:41 |That's exactly how it was for me on my paid mentorship. That's exactly how it | ||
2069 | |2068 |03:18:41 ~-~-> 03:18:47 |was. I've never edited anything, absolutely nothing to make myself look | ||
2070 | |2069 |03:18:47 ~-~-> 03:18:53 |good. I don't need to. All I got to do is be myself and I look good. So you | ||
2071 | |2070 |03:18:53 ~-~-> 03:18:58 |either find value in this and you come back tomorrow, or you go somewhere else. | ||
2072 | |2071 |03:18:58 ~-~-> 03:19:04 |It's simple as that, okay? I have no problems doing executions. I have no | ||
2073 | |2072 |03:19:04 ~-~-> 03:19:07 |problem teaching you how to do it. I have no problem showing you the history | ||
2074 | |2073 |03:19:07 ~-~-> 03:19:12 |tab when it's beneficial for you. But I like to make sure that there's nothing | ||
2075 | |2074 |03:19:12 ~-~-> 03:19:18 |in my mind that's distracting me and in my mind. If I worked for TradingView and | ||
2076 | |2075 |03:19:18 ~-~-> 03:19:24 |I had the ability to put something on my account, and I could link it to some | ||
2077 | |2076 |03:19:24 ~-~-> 03:19:28 |kind of trade copy and service, I would absolutely fucking do it. And I don't | ||
2078 | |2077 |03:19:28 ~-~-> 03:19:32 |care if it risked being fired, because if I could get a week out of it, fuck | ||
2079 | |2078 |03:19:32 ~-~-> 03:19:37 |it. I'm doing it. I'm going to do that because I'm sure trading view ain't | ||
2080 | |2079 |03:19:37 ~-~-> 03:19:42 |paying the kind of money that someone doing 15 contracts in a funded account | ||
2081 | |2080 |03:19:43 ~-~-> 03:19:48 |setting, because my stops are tight. Everybody else that uses those 15 | ||
2082 | |2081 |03:19:48 ~-~-> 03:19:51 |contracts, they have no idea the fuck they're doing. They're over leveraged. | ||
2083 | |2082 |03:19:51 ~-~-> 03:19:55 |They have no idea what price is doing, and they're blowing out. That's why | ||
2084 | |2083 |03:19:55 ~-~-> 03:19:58 |these guys that are influencers always resetting. They're always fucking | ||
2085 | |2084 |03:19:58 ~-~-> 03:20:03 |resetting because they do. Do not know how to fucking trade, but they're in | ||
2086 | |2085 |03:20:03 ~-~-> 03:20:07 |there influencing you. They're influencing you to do what to buy more | ||
2087 | |2086 |03:20:07 ~-~-> 03:20:13 |resets. I'm teaching you how to do no more resets. You just do one. You get | ||
2088 | |2087 |03:20:13 ~-~-> 03:20:19 |your money, make real money with it, and go into a real brokerage account and | ||
2089 | |2088 |03:20:19 ~-~-> 03:20:22 |trade with one contract and build up when you have one and a half times the | ||
2090 | |2089 |03:20:22 ~-~-> 03:20:27 |full margin, then you add one contract. That's proper risk management. That's | ||
2091 | |2090 |03:20:27 ~-~-> 03:20:32 |how you do it. That's how you really, really do it. And it's not about but I | ||
2092 | |2091 |03:20:32 ~-~-> 03:20:35 |can't make these five figure and six figure payouts. You're playing the | ||
2093 | |2092 |03:20:35 ~-~-> 03:20:40 |lottery. Man, that's not what trading is. Trading is about making consistent | ||
2094 | |2093 |03:20:40 ~-~-> 03:20:46 |progress and income, let time do the heavy lifting. You're you think that you | ||
2095 | |2094 |03:20:46 ~-~-> 03:20:51 |getting in there, trying to get these big windfall victories, that that's the | ||
2096 | |2095 |03:20:51 ~-~-> 03:20:54 |answer to your problem. And what you're going to do is, is you going to create a | ||
2097 | |2096 |03:20:54 ~-~-> 03:20:57 |new monster in you where Nothing satisfies you except for that, and what | ||
2098 | |2097 |03:20:57 ~-~-> 03:21:01 |happens when you can't do it consistently, you're going to blow up | ||
2099 | |2098 |03:21:02 ~-~-> 03:21:08 |now. Contrast that with cool hand. Luke comes out says, I'm going to listen to | ||
2100 | |2099 |03:21:08 ~-~-> 03:21:12 |ICT. Lot of people say a lot of shit about this man, but he just come out | ||
2101 | |2100 |03:21:12 ~-~-> 03:21:15 |here today and prove that, once more, live stream entries and exits and | ||
2102 | |2101 |03:21:15 ~-~-> 03:21:20 |everything. And I believe he's been proving with his executions that they | ||
2103 | |2102 |03:21:20 ~-~-> 03:21:25 |were legitimately done with the concepts that he's taught, and I used it again | ||
2104 | |2103 |03:21:25 ~-~-> 03:21:32 |live today, even in a drill setting, and it still does better than most of your | ||
2105 | |2104 |03:21:32 ~-~-> 03:21:34 |guys that you're watching on live stream. I'm telling you what the | ||
2106 | |2105 |03:21:34 ~-~-> 03:21:37 |market's going to do, and when they're staring at the fucking chart trying to | ||
2107 | |2106 |03:21:37 ~-~-> 03:21:40 |figure out what the fuck it's doing, well, maybe it's going to go up to the V | ||
2108 | |2107 |03:21:40 ~-~-> 03:21:43 |walk, maybe it's going to do this. Maybe it's going to death. Maybe it's going to | ||
2109 | |2108 |03:21:43 ~-~-> 03:21:46 |death. Well, let's see if it does this. Fuck that I'm going to do what I want to | ||
2110 | |2109 |03:21:46 ~-~-> 03:21:49 |do. It's going to do this. If I'm wrong, no problem. It's giving me more intel. | ||
2111 | |2110 |03:21:49 ~-~-> 03:21:53 |I'm going to do the opposite, or sit still and wait for the next set up. I'm | ||
2112 | |2111 |03:21:53 ~-~-> 03:21:58 |not reacting. I'm anticipating, I'm anticipating, I'm predicting the future. | ||
2113 | |2112 |03:22:00 ~-~-> 03:22:06 |And you have to have that as a goal in mind. You have to discount all the other | ||
2114 | |2113 |03:22:06 ~-~-> 03:22:10 |shit that people say that the market is random, because it's not that you have | ||
2115 | |2114 |03:22:10 ~-~-> 03:22:18 |to react to price. Okay, if you're reacting, you're always in second place | ||
2116 | |2115 |03:22:18 ~-~-> 03:22:23 |at the best. That means the person in the front of line you're reacting to | ||
2117 | |2116 |03:22:23 ~-~-> 03:22:27 |what they're doing, because they're the winner. Second place is never winning. | ||
2118 | |2117 |03:22:27 ~-~-> 03:22:33 |It's never ever winning. It's never ever winning. They only had, they only have | ||
2119 | |2118 |03:22:33 ~-~-> 03:22:38 |the same perspective, and the view is the ass of the guy that's leading. | ||
2120 | |2119 |03:22:39 ~-~-> 03:22:45 |That's the best you get to see, and you want to be the lead dog. You want to | ||
2121 | |2120 |03:22:45 ~-~-> 03:22:47 |have the view in front of you. Everything's in front of you, wide open, | ||
2122 | |2121 |03:22:48 ~-~-> 03:22:52 |wherever you want to go in trading. That's what I'm giving you. I'm giving | ||
2123 | |2122 |03:22:52 ~-~-> 03:22:56 |you that you have all the freedom in the world to take whatever PD array like I'm | ||
2124 | |2123 |03:22:56 ~-~-> 03:23:03 |using, just the the fair value guy, just the Fairbank, yeah. But if you go in | ||
2125 | |2124 |03:23:03 ~-~-> 03:23:07 |here and you look at just order blocks, the same thing, you practice, you do | ||
2126 | |2125 |03:23:07 ~-~-> 03:23:12 |your price action, uh, exercises and drills using volatility pinball, this | ||
2127 | |2126 |03:23:12 ~-~-> 03:23:16 |means you're just going every time it creates it. You don't try to put the | ||
2128 | |2127 |03:23:16 ~-~-> 03:23:20 |emphasis on this is the right one. This is the wrong one. Every time it happens | ||
2129 | |2128 |03:23:20 ~-~-> 03:23:24 |that you think you see it in the chart. Engage it. Engage it. Engage it. I | ||
2130 | |2129 |03:23:24 ~-~-> 03:23:28 |missed a few of them in here because my I'm trained to look for the right ones, | ||
2131 | |2130 |03:23:28 ~-~-> 03:23:31 |so I have to go in there purposely and try to fuck it up a little bit, because | ||
2132 | |2131 |03:23:33 ~-~-> 03:23:36 |if I go ahead and just trade, trade, trade, then it doesn't serve the purpose | ||
2133 | |2132 |03:23:36 ~-~-> 03:23:39 |of what I'm trying to show you here is where you don't want to have to demand | ||
2134 | |2133 |03:23:39 ~-~-> 03:23:40 |that you're right all the time, | ||
2135 | |2134 |03:23:42 ~-~-> 03:23:48 |and when you have less experience than I have, and you just start, I'm reminding | ||
2136 | |2135 |03:23:48 ~-~-> 03:23:52 |you, I'm giving you the permission as your teacher, as your mentor, that it's | ||
2137 | |2136 |03:23:52 ~-~-> 03:23:55 |normal for you not to know what you're doing, and it's also normal for you to | ||
2138 | |2137 |03:23:55 ~-~-> 03:23:58 |feel uncomfortable doing at all any of this because you don't know necessarily | ||
2139 | |2138 |03:23:58 ~-~-> 03:24:04 |what it is you're doing. Doesn't matter. 1015, 20 executions every single day | ||
2140 | |2139 |03:24:05 ~-~-> 03:24:10 |takes you about an hour, maybe an hour and a half at worse, but the time that | ||
2141 | |2140 |03:24:10 ~-~-> 03:24:16 |you invest in doing this pays dividends that you can't even imagine, because it | ||
2142 | |2141 |03:24:16 ~-~-> 03:24:20 |gives you the eye to see the ones that are the right ones. How do you recognize | ||
2143 | |2142 |03:24:20 ~-~-> 03:24:25 |that ICT, because I fucking have seen them 1000s and 1000s and 1000s of times, | ||
2144 | |2143 |03:24:25 ~-~-> 03:24:32 |within market delivery, within a present idea that I have for higher time frame | ||
2145 | |2144 |03:24:32 ~-~-> 03:24:37 |where I believe the market's going to trade to based on an economic calendar. | ||
2146 | |2145 |03:24:38 ~-~-> 03:24:44 |All those are factors, but you can't get that answer that satisfies you in one | ||
2147 | |2146 |03:24:44 ~-~-> 03:24:49 |post, in a tweet or one sentence, because you're asking for something that | ||
2148 | |2147 |03:24:49 ~-~-> 03:24:55 |can't be accomplished with something so small in its capacity or bandwidth, like | ||
2149 | |2148 |03:24:55 ~-~-> 03:25:00 |it's it. You're asking for something that needs a novel to just. Justify why | ||
2150 | |2149 |03:25:00 ~-~-> 03:25:04 |it's better to do it this way then what you're probably going to do if I give it | ||
2151 | |2150 |03:25:04 ~-~-> 03:25:07 |to you in a short, condensed version. Here's this, here's a short, condensed | ||
2152 | |2151 |03:25:07 ~-~-> 03:25:11 |version, and watch how you wreck yourself. Ready. High probability | ||
2153 | |2152 |03:25:11 ~-~-> 03:25:16 |successful, profitable trading is done by simply understanding where the | ||
2154 | |2153 |03:25:16 ~-~-> 03:25:20 |market's going to go to next at the right time of the day, knowing where a | ||
2155 | |2154 |03:25:20 ~-~-> 03:25:24 |high probability retracement is likely, but not to go past. So you can use a | ||
2156 | |2155 |03:25:24 ~-~-> 03:25:30 |stop loss to lock in that underlying risk and know in advance where there's | ||
2157 | |2156 |03:25:30 ~-~-> 03:25:34 |potential levels, where you can take parcels along the way, removing the | ||
2158 | |2157 |03:25:34 ~-~-> 03:25:38 |necessity about being correct until you get to your Terminus. That's it. I just | ||
2159 | |2158 |03:25:38 ~-~-> 03:25:45 |told you everything that my concepts do now that's a huge void to fill in. What | ||
2160 | |2159 |03:25:45 ~-~-> 03:25:48 |do you mean by that? ICT, what the fuck is a partial? Where do you take a | ||
2161 | |2160 |03:25:48 ~-~-> 03:25:52 |partial? Where do I put a stop loss at? Where do you frame a high probability | ||
2162 | |2161 |03:25:52 ~-~-> 03:25:56 |trade? When is it high probability? Well, when you first have to determine | ||
2163 | |2162 |03:25:56 ~-~-> 03:25:59 |when it's low probability, and that's what we've been focusing on. That's how | ||
2164 | |2163 |03:25:59 ~-~-> 03:26:03 |I opened up every new mentorship. Every single time a new start, a new group was | ||
2165 | |2164 |03:26:03 ~-~-> 03:26:08 |brought in. I started a new year. I started with them looking at, here is | ||
2166 | |2165 |03:26:08 ~-~-> 03:26:13 |high resistance, liquidity profiles. This is problematic conditions. And it | ||
2167 | |2166 |03:26:13 ~-~-> 03:26:17 |just seemed like to people that wanted to find any excuse, Oh, this guy doesn't | ||
2168 | |2167 |03:26:17 ~-~-> 03:26:22 |how to trade. Let me get the fuck out of here. Give me my money back. Get the out | ||
2169 | |2168 |03:26:22 ~-~-> 03:26:26 |of here, clown. Get out of here. I guarantee you those people that quit in | ||
2170 | |2169 |03:26:26 ~-~-> 03:26:30 |2016 the very first fucking group, some of them actually did come back in to | ||
2171 | |2170 |03:26:30 ~-~-> 03:26:35 |2018 2019 groups, some of them actually did come back in. But the ones that quit | ||
2172 | |2171 |03:26:35 ~-~-> 03:26:39 |and then never went back to try to get back into mentorship. I'm sure they | ||
2173 | |2172 |03:26:39 ~-~-> 03:26:44 |studied the elite content. But I promise you, they didn't do any well. They | ||
2174 | |2173 |03:26:44 ~-~-> 03:26:49 |probably have either quit trading entirely, or have lost money to the | ||
2175 | |2174 |03:26:49 ~-~-> 03:26:56 |degree where it's probably warped them because they're chasing give me money, | ||
2176 | |2175 |03:26:56 ~-~-> 03:27:00 |give me trades right now. You're a fraud, unless I see you making me money, | ||
2177 | |2176 |03:27:01 ~-~-> 03:27:06 |put me in trades, or you're a fraud. And to those type of people, I have a very | ||
2178 | |2177 |03:27:06 ~-~-> 03:27:11 |simple statement, go fuck yourself, because I don't owe that to you, and | ||
2179 | |2178 |03:27:11 ~-~-> 03:27:16 |nobody else does either. I didn't open up a signal service. I taught price | ||
2180 | |2179 |03:27:16 ~-~-> 03:27:21 |action how to read price I can stand out here every single fucking day. I can do | ||
2181 | |2180 |03:27:21 ~-~-> 03:27:25 |it in a courtroom. I can do it in front of the Supreme Court. I could do it on a | ||
2182 | |2181 |03:27:25 ~-~-> 03:27:27 |fucking TV. I could do it under a fucking lie detector. I could do | ||
2183 | |2182 |03:27:27 ~-~-> 03:27:30 |whatever fuck you want me to do. Okay, if you want me wearing fucking a | ||
2184 | |2183 |03:27:30 ~-~-> 03:27:34 |different color jumpsuit, I'll do that too. I can do like a fucking break dance | ||
2185 | |2184 |03:27:34 ~-~-> 03:27:38 |and fucking do it. I don't give a fuck. I'm not gonna forget how to do this. But | ||
2186 | |2185 |03:27:38 ~-~-> 03:27:45 |what isn't this astonishing is, every single time I do it, you get amnesia, | ||
2187 | |2186 |03:27:45 ~-~-> 03:27:50 |like it didn't happen, like you, like you didn't see me do it today. Because | ||
2188 | |2187 |03:27:50 ~-~-> 03:27:54 |you want me to get riled up and say, Well, watch this. I'm going to prove it. | ||
2189 | |2188 |03:27:54 ~-~-> 03:27:58 |I'm not doing that. I know what you're doing. I know exactly what you're doing. | ||
2190 | |2189 |03:27:58 ~-~-> 03:28:02 |And I would want to do it too. I would want to get me all good into thinking I | ||
2191 | |2190 |03:28:02 ~-~-> 03:28:05 |got to come in here and prove myself every day so that way you can copy me. | ||
2192 | |2191 |03:28:06 ~-~-> 03:28:14 |And that's not going to happen. I have this economy. I teach you. I teach you | ||
2193 | |2192 |03:28:14 ~-~-> 03:28:19 |conceptually. I prove it with real time examples. Okay, I proved it with real | ||
2194 | |2193 |03:28:19 ~-~-> 03:28:24 |money, in real accounts, not just in paper trading. When I'm teaching it, I | ||
2195 | |2194 |03:28:24 ~-~-> 03:28:29 |have to do it in a paper trading account, because the protection that | ||
2196 | |2195 |03:28:29 ~-~-> 03:28:33 |affords me, because I'm not, I'm not acting or operating as a financial | ||
2197 | |2196 |03:28:33 ~-~-> 03:28:40 |advisor, which is very, very important to me, because I am not loving the idea | ||
2198 | |2197 |03:28:40 ~-~-> 03:28:45 |of teaching you so much that I'm willing to open myself up to liability and | ||
2199 | |2198 |03:28:46 ~-~-> 03:28:49 |pretending to be a financial professional that would tell you what to | ||
2200 | |2199 |03:28:49 ~-~-> 03:28:55 |do with your money. I'm not. I'm not like that at all. So I teach with a demo | ||
2201 | |2200 |03:28:55 ~-~-> 03:28:59 |account. I teach with a paper trading account. And because this is all | ||
2202 | |2201 |03:28:59 ~-~-> 03:29:03 |lifetime, live, real time data, and you're all watching your own real time | ||
2203 | |2202 |03:29:03 ~-~-> 03:29:07 |data too. You know what I showed you today, and every time I live stream is | ||
2204 | |2203 |03:29:07 ~-~-> 03:29:14 |absolutely 100% fucking factual and true. I am not afraid of anything. I'm | ||
2205 | |2204 |03:29:14 ~-~-> 03:29:19 |not afraid of any market condition. I'm not surprised by anything. I'm not taken | ||
2206 | |2205 |03:29:19 ~-~-> 03:29:22 |back by anything. I know what I'm looking for, and if it doesn't give it | ||
2207 | |2206 |03:29:22 ~-~-> 03:29:27 |to me, that's okay. I will wait and I will take it later. It's simple. It's | ||
2208 | |2207 |03:29:27 ~-~-> 03:29:32 |very, very simple. And that sounds like arrogance, that sounds narcissistic, but | ||
2209 | |2208 |03:29:32 ~-~-> 03:29:36 |it's just confidence and knowing what I know. And my students that get really | ||
2210 | |2209 |03:29:36 ~-~-> 03:29:40 |good at this, that's a byproduct of it. You're never going to tell them they | ||
2211 | |2210 |03:29:40 ~-~-> 03:29:43 |don't know the fuck they're doing. They're doing. They're going to laugh in | ||
2212 | |2211 |03:29:43 ~-~-> 03:29:46 |your fucking face. And if you come at them, don't be upset when they break | ||
2213 | |2212 |03:29:46 ~-~-> 03:29:48 |your heart and tell you you're full of shit. And they're going to be quick to | ||
2214 | |2213 |03:29:48 ~-~-> 03:29:52 |say, you put yours up against mine. That's how you know they're one of mine, | ||
2215 | |2214 |03:29:52 ~-~-> 03:29:59 |because one of mine will walk a fucking mud hole in your ass. Simple. So | ||
2216 | |2215 |03:29:59 ~-~-> 03:30:03 |hopefully. Like I said, you had some some information given to you today, | ||
2217 | |2216 |03:30:03 ~-~-> 03:30:08 |something that was useful. This is volatility, Pinball. It's an exercise | ||
2218 | |2217 |03:30:08 ~-~-> 03:30:13 |where you go in whatever, whatever PD array, okay, whatever one that you like. | ||
2219 | |2218 |03:30:13 ~-~-> 03:30:17 |Don't let me feel like I'm forcing the fair value gap on you, like I'm doing my | ||
2220 | |2219 |03:30:17 ~-~-> 03:30:20 |son, like Caleb, doesn't have a choice in the matter right now, later on, once | ||
2221 | |2220 |03:30:20 ~-~-> 03:30:23 |he proves he proves he can do it consistently with the fair value gap, if | ||
2222 | |2221 |03:30:23 ~-~-> 03:30:28 |he wants to start doing another PD array, have that son, but right now, you | ||
2223 | |2222 |03:30:28 ~-~-> 03:30:32 |have to start somewhere. And starting somewhere is where everybody has to you | ||
2224 | |2223 |03:30:32 ~-~-> 03:30:36 |have to start somewhere. And it gives you a baseline experience. And then it's | ||
2225 | |2224 |03:30:36 ~-~-> 03:30:41 |all up from there, it's all up from there, it's never I'm getting less | ||
2226 | |2225 |03:30:41 ~-~-> 03:30:43 |experienced by doing more of the same thing. No, you're getting more | ||
2227 | |2226 |03:30:43 ~-~-> 03:30:48 |experience and by going out here and engaging the uncertainty of real time, | ||
2228 | |2227 |03:30:48 ~-~-> 03:30:53 |price action, engaging the hard right edge, not knowing what the fuck is going | ||
2229 | |2228 |03:30:53 ~-~-> 03:30:59 |on. Think about that. Think about that. John Q Public is looking at this chart | ||
2230 | |2229 |03:30:59 ~-~-> 03:31:04 |right now, maybe not on the 15 second chart. But they're looking at that chart | ||
2231 | |2230 |03:31:04 ~-~-> 03:31:08 |right now and they're thinking, What the actual fuck is this thing doing? Like, | ||
2232 | |2231 |03:31:08 ~-~-> 03:31:12 |what is going on? Where is this thing going? I gotta know, like, I'm down. I | ||
2233 | |2232 |03:31:12 ~-~-> 03:31:17 |lost money. What the hell am I gonna do here? And here we walk this pony in | ||
2234 | |2233 |03:31:17 ~-~-> 03:31:22 |here. I told you it was gonna likely go up to a level here, but not go past a | ||
2235 | |2234 |03:31:22 ~-~-> 03:31:25 |certain one. Certain one. It's going to treat these specific levels in a in a | ||
2236 | |2235 |03:31:25 ~-~-> 03:31:33 |manner that is defined already in pre live stream today's lectures. That means | ||
2237 | |2236 |03:31:33 ~-~-> 03:31:38 |you are aware of the logic, and all I did was lean on the logic that I've | ||
2238 | |2237 |03:31:38 ~-~-> 03:31:47 |already taught you, and I used it real time. Folks, listen, okay, when I was | ||
2239 | |2238 |03:31:47 ~-~-> 03:31:50 |trading for X they said, Show me your myfx book. Fuck you. Watch my live | ||
2240 | |2239 |03:31:50 ~-~-> 03:31:54 |executions in my commentary, because they can't. You can't fake that. You | ||
2241 | |2240 |03:31:54 ~-~-> 03:31:59 |can't fake that. Okay, you cannot fake that shit. My FX book absolutely faked. | ||
2242 | |2241 |03:32:00 ~-~-> 03:32:03 |You can fake that shit all day long. Anybody that trades a forex market right | ||
2243 | |2242 |03:32:03 ~-~-> 03:32:08 |now, honestly, if they have never had an interest of going into futures, that's a | ||
2244 | |2243 |03:32:08 ~-~-> 03:32:12 |red flag for me, because that means they got to come out of Mt four. That means | ||
2245 | |2244 |03:32:12 ~-~-> 03:32:16 |they got to come out of their white label, fake broker, their shell company | ||
2246 | |2245 |03:32:16 ~-~-> 03:32:19 |broker. That means that they're showing you something that's fucking artificial | ||
2247 | |2246 |03:32:19 ~-~-> 03:32:23 |and fake, and they're making money through affiliates and course, sales | ||
2248 | |2247 |03:32:23 ~-~-> 03:32:27 |simple and straight and forward. That's the way it is, okay, and if you don't | ||
2249 | |2248 |03:32:27 ~-~-> 03:32:30 |fucking like that and you're one of those guys, prove yourself different. | ||
2250 | |2249 |03:32:30 ~-~-> 03:32:34 |Prove it differently. You don't owe me any evidence. I don't give two folks | ||
2251 | |2250 |03:32:34 ~-~-> 03:32:39 |what you do. I'm not impressed by any of them, but for the people that are | ||
2252 | |2251 |03:32:39 ~-~-> 03:32:43 |looking to them and sucking them off publicly. Oh, I love you king. Oh, my | ||
2253 | |2252 |03:32:43 ~-~-> 03:32:47 |goodness, let me give you a happy ending, like, what the fuck man up? What | ||
2254 | |2253 |03:32:47 ~-~-> 03:32:52 |these fucking guys? Okay, do not deserve to be worshiped. I don't fucking need to | ||
2255 | |2254 |03:32:52 ~-~-> 03:32:55 |be deserved, deserving of any that shit you. That's why I strike it down. | ||
2256 | |2255 |03:32:55 ~-~-> 03:33:00 |Nobody. Only God gets worshiped. Only God gets worshiped. And some of these | ||
2257 | |2256 |03:33:00 ~-~-> 03:33:03 |clowns walk around here and they want you sucking them off publicly. They want | ||
2258 | |2257 |03:33:03 ~-~-> 03:33:08 |to be lifted up on a pedestal, and they want to put a price tag on it here, | ||
2259 | |2258 |03:33:08 ~-~-> 03:33:13 |Worship Me and pay me this much money so you can do it. And they're lying to you. | ||
2260 | |2259 |03:33:13 ~-~-> 03:33:17 |They're fucking defrauding you. They're literally lying to you. Say, look at | ||
2261 | |2260 |03:33:17 ~-~-> 03:33:19 |this man I made. I turned $100 into $100,000 | ||
2262 | |2261 |03:33:21 ~-~-> 03:33:27 |the bullshit you did, bull shit you fucking did. Okay, you you're a fucking | ||
2263 | |2262 |03:33:27 ~-~-> 03:33:33 |liar. You are a liar. Okay, you're a fucking clown liar. All you fucking | ||
2264 | |2263 |03:33:33 ~-~-> 03:33:38 |Forex clowns are fucking liars because you're staying in an empty for world | ||
2265 | |2264 |03:33:38 ~-~-> 03:33:44 |where you can fake it come out into a real broker setting, come out where you | ||
2266 | |2265 |03:33:44 ~-~-> 03:33:49 |can't manipulate the bullshit, where you got to use the same data everybody else | ||
2267 | |2266 |03:33:49 ~-~-> 03:33:55 |does, and then turn your small accounts to six figures in a couple days. It | ||
2268 | |2267 |03:33:56 ~-~-> 03:34:00 |ain't gonna happen. It ain't gonna happen. And unfortunately, there's a | ||
2269 | |2268 |03:34:00 ~-~-> 03:34:04 |whole new round of suckers and dumbasses that come in this industry. And if I was | ||
2270 | |2269 |03:34:04 ~-~-> 03:34:08 |a piece of shit like some of you think I am, that lie and say that I am, I have | ||
2271 | |2270 |03:34:08 ~-~-> 03:34:13 |the highest seat right now. I had the highest retention and viewership on live | ||
2272 | |2271 |03:34:13 ~-~-> 03:34:17 |streaming. I had the biggest following in terms of people watching just for | ||
2273 | |2272 |03:34:17 ~-~-> 03:34:23 |futures and ongoing education, and I'm doing it for fucking free. And I'm | ||
2274 | |2273 |03:34:23 ~-~-> 03:34:28 |telling people, stop emailing me. I'm not doing paid mentorship. Stop | ||
2275 | |2274 |03:34:28 ~-~-> 03:34:31 |contacting me through Twitter and asking for paid mentorship. Stop leaving | ||
2276 | |2275 |03:34:31 ~-~-> 03:34:35 |comments on my YouTube channel. Can I get into your paid mentorship? Can I pay | ||
2277 | |2276 |03:34:35 ~-~-> 03:34:37 |for your paid mentorship? My paid mentorship is on my YouTube channel. | ||
2278 | |2277 |03:34:37 ~-~-> 03:34:44 |It's in the 2016 2017 playlist. That's all my paid mentorship. Anybody that | ||
2279 | |2278 |03:34:44 ~-~-> 03:34:49 |joined my paid mentorship after that got those lectures. That's it. So stop | ||
2280 | |2279 |03:34:49 ~-~-> 03:34:55 |asking me. Can you please take my money? ICT, send your money to St. Jude, there | ||
2281 | |2280 |03:34:55 ~-~-> 03:34:59 |you go. You want to spend your money so well, send it there. That's a worthy | ||
2282 | |2281 |03:34:59 ~-~-> 03:35:04 |charity. I support that charity I am 100% behind. St Jude, you don't need to | ||
2283 | |2282 |03:35:04 ~-~-> 03:35:08 |say I'm fucking loaded. I'm rich. I'm fucking rich, rich, rich, and the proof | ||
2284 | |2283 |03:35:08 ~-~-> 03:35:12 |is I'm doing this for free. I don't have a Panhandle out saying, Please pay for | ||
2285 | |2284 |03:35:12 ~-~-> 03:35:16 |my fucking Lamborghini. Please pay for my fucking McLaren, please pay for my | ||
2286 | |2285 |03:35:16 ~-~-> 03:35:19 |fucking vacations. Please pay for my diss and pay for that. I pay for | ||
2287 | |2286 |03:35:19 ~-~-> 03:35:24 |everything out of my own fucking pocket. If I want something, I'll look at these | ||
2288 | |2287 |03:35:24 ~-~-> 03:35:27 |fucking shark and say, Okay, I'm gonna do this, this, this, this, and I'll make | ||
2289 | |2288 |03:35:27 ~-~-> 03:35:34 |what I need to make done simple, truth be told, I don't even need to do that | ||
2290 | |2289 |03:35:34 ~-~-> 03:35:38 |anymore. I have enough. I just gotta dip into what I have. I don't ever need to | ||
2291 | |2290 |03:35:38 ~-~-> 03:35:43 |trade ever again. So who do you gonna believe? Seriously I'm saying this and | ||
2292 | |2291 |03:35:43 ~-~-> 03:35:47 |I'm turning this fucking video off. Who are you really gonna believe the guy | ||
2293 | |2292 |03:35:47 ~-~-> 03:35:51 |that's sitting out here saying I don't want your money? You're never gonna get | ||
2294 | |2293 |03:35:51 ~-~-> 03:35:55 |another opportunity to send me money. I gave my stuff that I sold as education | ||
2295 | |2294 |03:35:55 ~-~-> 03:35:59 |for free on the YouTube channel, and I'm teaching ongoing for free. I'm proving | ||
2296 | |2295 |03:35:59 ~-~-> 03:36:02 |it in live streams. I'm literally pushing a button in front of you. I'm | ||
2297 | |2296 |03:36:02 ~-~-> 03:36:06 |doing everything absolutely what everybody else is hiding and won't ever | ||
2298 | |2297 |03:36:06 ~-~-> 03:36:12 |fucking do. And they're still selling courses, and they're selling my shit for | ||
2299 | |2298 |03:36:12 ~-~-> 03:36:17 |more than two times that I sold it for. Who are you gonna fucking believe you | ||
2300 | |2299 |03:36:17 ~-~-> 03:36:22 |don't think that they have a real vested interest in trying to make you doubt me | ||
2301 | |2300 |03:36:23 ~-~-> 03:36:27 |because they have their sock puppet accounts pushing that narrative, that | ||
2302 | |2301 |03:36:27 ~-~-> 03:36:30 |bullshit, because they don't want to lose more sales because I'm beating | ||
2303 | |2302 |03:36:30 ~-~-> 03:36:36 |their ass. I'm literally squeezing their fucking nuts in a vice right now they're | ||
2304 | |2303 |03:36:36 ~-~-> 03:36:40 |squealing. They're hating fucking life right now. They're hating me. They | ||
2305 | |2304 |03:36:40 ~-~-> 03:36:47 |fucking hate me even more today, and we're not done. Well, we're not done. We | ||
2306 | |2305 |03:36:47 ~-~-> 03:36:56 |are not done. But who you gonna believe? Seriously? Who the fuck are you gonna | ||
2307 | |2306 |03:36:56 ~-~-> 03:37:02 |believe? There was some talkers that said they were gonna join the Robbins | ||
2308 | |2307 |03:37:02 ~-~-> 03:37:07 |cup. Okay, here's what happened. I went in the Robins cup, and I told Joel | ||
2309 | |2308 |03:37:07 ~-~-> 03:37:11 |Robbins, I said, Listen, anybody and everybody that's gonna come and contact | ||
2310 | |2309 |03:37:11 ~-~-> 03:37:14 |you, you tell them exactly what my account sitting at. And I sat there and | ||
2311 | |2310 |03:37:14 ~-~-> 03:37:18 |I pushed and pushed and pushed and pushed and pushed and pushed and pushed, | ||
2312 | |2311 |03:37:18 ~-~-> 03:37:22 |and I pushed that fucking account down to 900 fucking dollars. And I sat there | ||
2313 | |2312 |03:37:22 ~-~-> 03:37:27 |and I waited and I fucking waited and I fucking waited, and not one of these | ||
2314 | |2313 |03:37:27 ~-~-> 03:37:31 |fucking Yahoos, no Vinnie E Mini because that's who I really fucking wanted. I | ||
2315 | |2314 |03:37:31 ~-~-> 03:37:35 |really wanted Vinnie to do that. I really wanted him to join. But | ||
2316 | |2315 |03:37:36 ~-~-> 03:37:41 |circumstances panned out as they have. He's already been dealt with. It's done. | ||
2317 | |2316 |03:37:42 ~-~-> 03:37:47 |It needs to lie. If he raises it up even more, you brought it on yourself, but | ||
2318 | |2317 |03:37:48 ~-~-> 03:37:52 |that one never stepped and not gonna understand why he never stepped. If he's | ||
2319 | |2318 |03:37:52 ~-~-> 03:37:57 |smart, he'll shut his fucking mouth and let things lie. But if he stirs it up, I | ||
2320 | |2319 |03:37:57 ~-~-> 03:38:01 |have every bit of the ammunition I can fucking do to make everything fucking | ||
2321 | |2320 |03:38:01 ~-~-> 03:38:06 |painful. I never wanted to do that. Vinnie, I never wanted to do that at | ||
2322 | |2321 |03:38:06 ~-~-> 03:38:12 |all. But I told you, if you wanted to have a competition, let's have it in the | ||
2323 | |2322 |03:38:12 ~-~-> 03:38:22 |Robbins. And I baited two other guys, two other guys, none of them, none of | ||
2324 | |2323 |03:38:22 ~-~-> 03:38:29 |them made it that way. I could take that $900 and run it right back on up, but | ||
2325 | |2324 |03:38:29 ~-~-> 03:38:35 |it's been bait. It's been bait the whole fucking time, the whole fucking time, | ||
2326 | |2325 |03:38:35 ~-~-> 03:38:38 |and you're all here, sitting there, thinking you're clowning me. I have | ||
2327 | |2326 |03:38:38 ~-~-> 03:38:42 |fucking trolled and trolled and trolled and trolled and try to get these guys | ||
2328 | |2327 |03:38:42 ~-~-> 03:38:44 |come out here, and they won't do it. Why? Because they have a mentorship. | ||
2329 | |2328 |03:38:44 ~-~-> 03:38:50 |They have something they're selling. And the litmus test is this, who the fuck | ||
2330 | |2329 |03:38:50 ~-~-> 03:38:55 |are you gonna believe I'm out here proving my shit in this in the lens of | ||
2331 | |2330 |03:38:55 ~-~-> 03:39:01 |everybody watching it live, invited them to come out into a setting where they | ||
2332 | |2331 |03:39:01 ~-~-> 03:39:05 |have to prove themselves not just do sporadic once in a while live stream | ||
2333 | |2332 |03:39:05 ~-~-> 03:39:11 |here. Let me do something. I'll show you what I did today. Pre recorded this. Pre | ||
2334 | |2333 |03:39:11 ~-~-> 03:39:19 |recorded that. No, that doesn't work. I got very, very thick skin. Very thick | ||
2335 | |2334 |03:39:19 ~-~-> 03:39:25 |skin. I have dragon scales. Okay, ain't a motherfucker worrying me, but I will | ||
2336 | |2335 |03:39:25 ~-~-> 03:39:29 |go out there and rip my own image up just to drag these fuckers out here in | ||
2337 | |2336 |03:39:29 ~-~-> 03:39:34 |the center and tear their throats out in public in front of everyone. I went to | ||
2338 | |2337 |03:39:34 ~-~-> 03:39:38 |great extremes to try to get these guys to do anything and everything in there | ||
2339 | |2338 |03:39:38 ~-~-> 03:39:44 |to do something, and they won't. Why wouldn't they? Why wouldn't they? Why | ||
2340 | |2339 |03:39:44 ~-~-> 03:39:48 |wouldn't they not want to do that because they stand to lose their meal | ||
2341 | |2340 |03:39:48 ~-~-> 03:39:54 |ticket, their mentorships, their services, their bullshit. Okay, that's | ||
2342 | |2341 |03:39:54 ~-~-> 03:40:01 |exactly what it is. Every single trade, every single fuck. Trade that I put on | ||
2343 | |2342 |03:40:01 ~-~-> 03:40:05 |in that Robin's cup had nothing to do but anything except for me, just pushing | ||
2344 | |2343 |03:40:05 ~-~-> 03:40:08 |the button. Push, push, push, push, push, push, push, push. I did that shit | ||
2345 | |2344 |03:40:08 ~-~-> 03:40:12 |on purpose. There's no logic like you're seeing here live. You're never seeing | ||
2346 | |2345 |03:40:12 ~-~-> 03:40:19 |that. And I have waited and I waited and I waited. Not one motherfucker stepped | ||
2347 | |2346 |03:40:19 ~-~-> 03:40:25 |not one. And I thought for sure. I told my wife, I said, I'm telling you, I | ||
2348 | |2347 |03:40:25 ~-~-> 03:40:29 |know, soon as they contact Joel, and they say, look, he's in drawdown, | ||
2349 | |2348 |03:40:29 ~-~-> 03:40:32 |they're gonna, they're gonna pounce on it, and that's exactly what I've been | ||
2350 | |2349 |03:40:32 ~-~-> 03:40:37 |wanting. So now you know, you fucking know you still have time. You still have | ||
2351 | |2350 |03:40:37 ~-~-> 03:40:42 |time. You Jordans of the fucking trading, the master of fucking trading. | ||
2352 | |2351 |03:40:42 ~-~-> 03:40:47 |Let's fucking go. Let's fucking go. You know what I'm starting with? You know | ||
2353 | |2352 |03:40:47 ~-~-> 03:40:51 |what I'm starting with, and I'm still gonna beat your fucking ass. So let's | ||
2354 | |2353 |03:40:51 ~-~-> 03:40:55 |fucking go. I'm not afraid, I'm not embarrassed, I'm not intimidated, I'm | ||
2355 | |2354 |03:40:55 ~-~-> 03:40:59 |not anything but fucking ready, and if you don't think you got enough time, we | ||
2356 | |2355 |03:40:59 ~-~-> 03:41:06 |can restart this fucking shit for the 2025 There you go. But I wanted to be | ||
2357 | |2356 |03:41:06 ~-~-> 03:41:09 |pushed. I wanted to be fucking challenged. And the only way I could | ||
2358 | |2357 |03:41:09 ~-~-> 03:41:13 |challenge myself is to put myself in such the lowest point I could not come | ||
2359 | |2358 |03:41:13 ~-~-> 03:41:17 |any lower than I am right right now. I can come back from that. I can come back | ||
2360 | |2359 |03:41:17 ~-~-> 03:41:27 |from that. You can't, you can't, but I fucking can, and I wanted to fucking rub | ||
2361 | |2360 |03:41:27 ~-~-> 03:41:35 |it in your fucking face, because that's just what an ICC would do. So there's | ||
2362 | |2361 |03:41:35 ~-~-> 03:41:40 |your facts, there's your skinny on what's going on with the Robins cup. You | ||
2363 | |2362 |03:41:40 ~-~-> 03:41:45 |don't believe me, contact them. They'll tell you all it was is push, push, push, | ||
2364 | |2363 |03:41:45 ~-~-> 03:41:48 |push, push, push, no rhyme or reason. I just want to draw the account down | ||
2365 | |2364 |03:41:49 ~-~-> 03:41:52 |because I knew Vinnie Minnie was going to contact. I know his little blow boy, | ||
2366 | |2365 |03:41:52 ~-~-> 03:41:57 |Curtis would be calling and contacting. Hey, ICT is lying online saying he's | ||
2367 | |2366 |03:41:57 ~-~-> 03:42:00 |winning the Robins cup. Could you verify that please? Oh, certainly. Let me tell | ||
2368 | |2367 |03:42:00 ~-~-> 03:42:07 |you, Look, yep, here's here's here's yours. This count is but none of those | ||
2369 | |2368 |03:42:07 ~-~-> 03:42:13 |motherfuckers stepped. Not one of those motherfuckers stepped. Do I sound like | ||
2370 | |2369 |03:42:13 ~-~-> 03:42:18 |I'm intimidated or scared? Do I sound like I'm embarrassed? Fuck no, like I | ||
2371 | |2370 |03:42:18 ~-~-> 03:42:24 |said, we can still do this year, we can still do it. Absolutely, absolutely we | ||
2372 | |2371 |03:42:24 ~-~-> 03:42:29 |can Brent could move aside and let the man go through and that could be at that | ||
2373 | |2372 |03:42:29 ~-~-> 03:42:34 |number one spot, but I want someone to dance with. You guys promised me you | ||
2374 | |2373 |03:42:34 ~-~-> 03:42:38 |said you were gonna fucking do it and you didn't do it. Of all the years I've | ||
2375 | |2374 |03:42:38 ~-~-> 03:42:44 |had people come forward. I thought for certain the m7 guy was going to do I was | ||
2376 | |2375 |03:42:44 ~-~-> 03:42:50 |confident that he was going to do it. He didn't do it. Not my circus, not my | ||
2377 | |2376 |03:42:50 ~-~-> 03:42:54 |monkeys. Come on, man, I got excited when you popped up here and you said it | ||
2378 | |2377 |03:42:54 ~-~-> 03:42:58 |was a clerical error. I thought that that was shit. Yeah, now I got somebody. | ||
2379 | |2378 |03:42:58 ~-~-> 03:43:04 |I got somebody. Nope, I don't have anything. And Dave teaches bullshit. | ||
2380 | |2379 |03:43:05 ~-~-> 03:43:10 |Forget about that fucking guy's a fraud fucking clown. He would have done it if | ||
2381 | |2380 |03:43:10 ~-~-> 03:43:13 |he could do it. Period. | ||
2382 | |2381 |03:43:15 ~-~-> 03:43:20 |You need a full year. The Imitation is again for 2025 if you want to do it, if | ||
2383 | |2382 |03:43:20 ~-~-> 03:43:23 |you can roll what you got right now, by the end of the year, I will use what I | ||
2384 | |2383 |03:43:23 ~-~-> 03:43:26 |got, and you can verify it with Joe Robbins, that not one motherfucking | ||
2385 | |2384 |03:43:26 ~-~-> 03:43:30 |Penny will be added to that account. Not one fucking penny would be added to it, | ||
2386 | |2385 |03:43:32 ~-~-> 03:43:38 |and I'll stove up your ass. Now. How you humiliating would that be? With less | ||
2387 | |2386 |03:43:38 ~-~-> 03:43:43 |than $1,000 I came back the fucking rookie sensation. ICT comes back with a | ||
2388 | |2387 |03:43:43 ~-~-> 03:43:52 |fucking surprise upset, the October surprise. How about it? You ready? I'm | ||
2389 | |2388 |03:43:52 ~-~-> 03:43:59 |ready. I am fucking ready. Listen, I have worked very hard all year long, | ||
2390 | |2389 |03:43:59 ~-~-> 03:44:05 |biting my fucking tongue, hoping, hoping that you'd say, You know what, I got his | ||
2391 | |2390 |03:44:05 ~-~-> 03:44:10 |ass. Finally, there's no way, there's no fucking way he can come back from this, | ||
2392 | |2391 |03:44:10 ~-~-> 03:44:16 |because if he adds money, he broke his rule, yep. But not one of these guys | ||
2393 | |2392 |03:44:16 ~-~-> 03:44:21 |came forward, not one of them, but they got engagements, and they got people | ||
2394 | |2393 |03:44:21 ~-~-> 03:44:27 |talking, but you don't see them out here proven shit. You don't see them out here | ||
2395 | |2394 |03:44:27 ~-~-> 03:44:33 |doing it for free. You see people saying they're full of shit and wow, ICT is | ||
2396 | |2395 |03:44:33 ~-~-> 03:44:35 |finally doing it for real. Look at it. Look at there it is. Yep, | ||
2397 | |2396 |03:44:42 ~-~-> 03:44:47 |there's a global cup right now going on. It's going on till the last day of May | ||
2398 | |2397 |03:44:47 ~-~-> 03:44:52 |of 2025, we can slide it on in there. I already got approved by iron beam. All I | ||
2399 | |2398 |03:44:52 ~-~-> 03:44:58 |gotta do is fund the account. If you say that you're gonna go do it and you just | ||
2400 | |2399 |03:44:58 ~-~-> 03:45:01 |get on the fifth spot that way, I'm. I know for certain that you're really | ||
2401 | |2400 |03:45:01 ~-~-> 03:45:07 |going to make an attempt to do it, and I will absolutely beat Larry Williams, but | ||
2402 | |2401 |03:45:07 ~-~-> 03:45:11 |you stole something from me for this year, like I literally wanted this to | ||
2403 | |2402 |03:45:11 ~-~-> 03:45:15 |happen. I really, really wanted to happen. It would have been so much more | ||
2404 | |2403 |03:45:15 ~-~-> 03:45:21 |fun if you guys would have participated, but you didn't. And that kind of It irks | ||
2405 | |2404 |03:45:21 ~-~-> 03:45:29 |me. It irks THE FUCK happening. So here we are. We're sitting here watching ICT | ||
2406 | |2405 |03:45:29 ~-~-> 03:45:34 |prove it live, but some of you just simply aren't going to like me. You're | ||
2407 | |2406 |03:45:34 ~-~-> 03:45:39 |not going to believe me because you didn't win the Robin's cup. ICT, your, | ||
2408 | |2407 |03:45:39 ~-~-> 03:45:43 |your, your reputation to this thing. My reputation has always been a demo | ||
2409 | |2408 |03:45:43 ~-~-> 03:45:48 |trader. How the fuck am I gonna wreck that? Think about it, and I'm here for | ||
2410 | |2409 |03:45:48 ~-~-> 03:46:00 |reputation. I'm here for fun. I'm here for fun and entertainment. If this stuff | ||
2411 | |2410 |03:46:00 ~-~-> 03:46:04 |didn't work, I wouldn't be out here live doing it. If I couldn't do it, I | ||
2412 | |2411 |03:46:04 ~-~-> 03:46:09 |certainly wouldn't be out here trying to do something I don't know I knew how to | ||
2413 | |2412 |03:46:09 ~-~-> 03:46:14 |do it. And I love playing the strings of all these people here that talk shit | ||
2414 | |2413 |03:46:14 ~-~-> 03:46:19 |about me. I love it. I came back to Twitter just for that purpose, for that | ||
2415 | |2414 |03:46:19 ~-~-> 03:46:24 |very reason. And some of you are going to ignore what you watched here today. | ||
2416 | |2415 |03:46:24 ~-~-> 03:46:27 |You're going to ignore everything I'm proving this year in the mentorship | ||
2417 | |2416 |03:46:27 ~-~-> 03:46:32 |that's been given to you for free. Because you're going to look at a pewter | ||
2418 | |2417 |03:46:33 ~-~-> 03:46:39 |trophy of a bull and a bear that I don't hold in my hands yet. But Do you | ||
2419 | |2418 |03:46:39 ~-~-> 03:46:43 |honestly? Honestly, Okay, seriously, sincerely, mean this. Okay. Do you think | ||
2420 | |2419 |03:46:43 ~-~-> 03:46:52 |it's hard to make 400% it's fucking easy, and that's all that's going on | ||
2421 | |2420 |03:46:52 ~-~-> 03:46:55 |right now? That's it. | ||
2422 | |2421 |03:47:00 ~-~-> 03:47:04 |And you need me to do that, and you're ignoring all this evidence, all this | ||
2423 | |2422 |03:47:04 ~-~-> 03:47:09 |evidence that's being shown to you beforehand. You're going to ignore this, | ||
2424 | |2423 |03:47:09 ~-~-> 03:47:12 |and you're going to point to that, because that's what trolls are going to | ||
2425 | |2424 |03:47:12 ~-~-> 03:47:20 |do. That's exactly what trolls are going to do. And you're either going to join | ||
2426 | |2425 |03:47:20 ~-~-> 03:47:24 |that bandwagon and you're welcome to do it, that's going to have more people. | ||
2427 | |2426 |03:47:24 ~-~-> 03:47:29 |That's going to make me laugh and smile and none of that shit bothers me. See, | ||
2428 | |2427 |03:47:29 ~-~-> 03:47:35 |you all would be hiding under a fucking rock. You would delete all your social | ||
2429 | |2428 |03:47:35 ~-~-> 03:47:44 |media. You would never go online again. That's what you would do. But I'm in | ||
2430 | |2429 |03:47:44 ~-~-> 03:47:48 |control of everything I'm doing. I know exactly what I'm doing. I am absolutely | ||
2431 | |2430 |03:47:48 ~-~-> 03:47:57 |in control of what I'm doing, and I am teaching things that work in real time. | ||
2432 | |2431 |03:47:58 ~-~-> 03:48:04 |I'm proving it. I'm proving the logic, and I'm also willing to be in any | ||
2433 | |2432 |03:48:04 ~-~-> 03:48:08 |competition, but I gotta have competition. Folks like, I want the | ||
2434 | |2433 |03:48:08 ~-~-> 03:48:12 |competition. I want that. I don't want to just, yeah, I want it. What the fuck | ||
2435 | |2434 |03:48:12 ~-~-> 03:48:16 |big deal? I wanted these guys and anybody else that was sitting on the | ||
2436 | |2435 |03:48:16 ~-~-> 03:48:19 |sidelines thinking I'm gonna fucking go after this guy. I'm gonna go out there | ||
2437 | |2436 |03:48:19 ~-~-> 03:48:25 |and I'm gonna do it. And nothing happened. Really is a lackluster all | ||
2438 | |2437 |03:48:25 ~-~-> 03:48:31 |year long, a couple 100% that's all you ever saw. That's easy. I'm going to show | ||
2439 | |2438 |03:48:31 ~-~-> 03:48:36 |it to you this month. I'm going to show you this month. It's easy to do that. I | ||
2440 | |2439 |03:48:36 ~-~-> 03:48:40 |don't need to win the Robins cup to know that. I know how to trade. But some of | ||
2441 | |2440 |03:48:40 ~-~-> 03:48:44 |you think that that's the litmus test that says, See, he's a fraud, because I | ||
2442 | |2441 |03:48:44 ~-~-> 03:48:48 |gave you that invitation to think that. I want you to think that, because that | ||
2443 | |2442 |03:48:48 ~-~-> 03:48:51 |means I'm going to divide the crowd, like I always do. And if I have a | ||
2444 | |2443 |03:48:51 ~-~-> 03:48:55 |divided audience, that means I have a talking audience, and a talking audience | ||
2445 | |2444 |03:48:55 ~-~-> 03:48:59 |is going to what they're going to advertise for me, and it brings more | ||
2446 | |2445 |03:48:59 ~-~-> 03:49:10 |people here and more students learn for free, for free. So are you someone | ||
2447 | |2446 |03:49:10 ~-~-> 03:49:15 |that's going to ignore everything you're seeing here that's being done live in a | ||
2448 | |2447 |03:49:15 ~-~-> 03:49:20 |live stream, executed, point blank buttons are pushed with a limit order, | ||
2449 | |2448 |03:49:20 ~-~-> 03:49:24 |not Market Replay, telling you why it should happen. We've been doing it for | ||
2450 | |2449 |03:49:24 ~-~-> 03:49:29 |eight weeks now, telling you what the market's going to do, candlestick by | ||
2451 | |2450 |03:49:29 ~-~-> 03:49:37 |candlestick. Is that value? I don't know. For some of you, it might not be. | ||
2452 | |2451 |03:49:38 ~-~-> 03:49:42 |For others, it might be. This is a fucking amazing opportunity. I don't | ||
2453 | |2452 |03:49:42 ~-~-> 03:49:45 |give a shit about Robin's cup. I don't care if you ever do Robin's cup. I | ||
2454 | |2453 |03:49:45 ~-~-> 03:49:51 |intend absolutely to do Robin's cup, but I have to do it the way I want to do it, | ||
2455 | |2454 |03:49:52 ~-~-> 03:49:56 |because I only want to do it one time. And I thought I was given an opportunity | ||
2456 | |2455 |03:49:56 ~-~-> 03:50:00 |this year to do it, and I did not get any competition. I. Because it's not | ||
2457 | |2456 |03:50:00 ~-~-> 03:50:04 |enough that me just go out there and beat my mentor. I want to have something | ||
2458 | |2457 |03:50:04 ~-~-> 03:50:10 |else to hang my hat on. And I just thought it would be great to be able to | ||
2459 | |2458 |03:50:10 ~-~-> 03:50:15 |show the world that here are individuals that work in our community, in Twitter, | ||
2460 | |2459 |03:50:15 ~-~-> 03:50:20 |in fin twit, and they were willing to step in there with me regardless of the | ||
2461 | |2460 |03:50:20 ~-~-> 03:50:27 |outcome, and they really weren't. And I'm nobody would come out here and say | ||
2462 | |2461 |03:50:27 ~-~-> 03:50:31 |this stuff, if it was happening to them, if it was by some circumstance or lack | ||
2463 | |2462 |03:50:31 ~-~-> 03:50:37 |of ability, they would just disappear. I'm not that kind of guy, because I want | ||
2464 | |2463 |03:50:37 ~-~-> 03:50:42 |you to still doubt it and say, I'd say I'm going in I'm gonna do it. Great. | ||
2465 | |2464 |03:50:43 ~-~-> 03:50:47 |That's exactly what I want you to do. And if you lose to me, it's not anything | ||
2466 | |2465 |03:50:47 ~-~-> 03:50:50 |to be bad or be bad mouth about. No one should troll you if you lose, if you | ||
2467 | |2466 |03:50:50 ~-~-> 03:50:54 |really get in there and you get a lawyer board, and you really try to do well, | ||
2468 | |2467 |03:50:54 ~-~-> 03:50:58 |but you still fall victim to me winning it, that's not something bad. That's | ||
2469 | |2468 |03:50:58 ~-~-> 03:51:02 |exactly what's gonna fucking happen. So you shouldn't be surprised by that. | ||
2470 | |2469 |03:51:02 ~-~-> 03:51:11 |Nobody would be really but I would love the champion, the idea that you had the | ||
2471 | |2470 |03:51:11 ~-~-> 03:51:15 |balls to get an air with me, and that's what's lacking in this industry. | ||
2472 | |2471 |03:51:15 ~-~-> 03:51:19 |Nobody's willing to put their reputation on the line. I will absolutely burn my | ||
2473 | |2472 |03:51:19 ~-~-> 03:51:22 |fucking reputation to the ground and kind of like a phoenix come right that | ||
2474 | |2473 |03:51:22 ~-~-> 03:51:29 |day out of that shit, because I can, I can do that. What do I have to lose | ||
2475 | |2474 |03:51:29 ~-~-> 03:51:33 |here? Some subscribers, some people that don't want to watch my videos. This | ||
2476 | |2475 |03:51:33 ~-~-> 03:51:36 |might going to leave a trolling comment to me. That's not going to make me | ||
2477 | |2476 |03:51:36 ~-~-> 03:51:40 |forget how to trade. That's not going to make my students that know how to learn | ||
2478 | |2477 |03:51:41 ~-~-> 03:51:44 |how to read price action to eventually learn how to make it profitable trade | ||
2479 | |2478 |03:51:44 ~-~-> 03:51:46 |and do it without me coaching them, without doing anything to tell them | ||
2480 | |2479 |03:51:46 ~-~-> 03:51:49 |where the market's going to go. That's not going to make them forget or somehow | ||
2481 | |2480 |03:51:49 ~-~-> 03:51:53 |think, Oh, well, I don't like I don't want to do this anymore because he | ||
2482 | |2481 |03:51:53 ~-~-> 03:52:02 |didn't get a pewter trophy. Think about it, folks. You have a line in the sand | ||
2483 | |2482 |03:52:02 ~-~-> 03:52:06 |in front of you. Did you get into this to learn how to trade and make money, or | ||
2484 | |2483 |03:52:06 ~-~-> 03:52:12 |did you get into this to worship somebody? I'm not a hero. I'm an anti | ||
2485 | |2484 |03:52:12 ~-~-> 03:52:18 |hero, and you never, ever, ever want to meet your hero. Never. I'm in my villain | ||
2486 | |2485 |03:52:18 ~-~-> 03:52:22 |arc right now. Okay, in case you haven't noticed this is the villain arc of ICT, | ||
2487 | |2486 |03:52:22 ~-~-> 03:52:27 |and I'm having a lot of fun with it, lots of fun with it, but the same time, | ||
2488 | |2487 |03:52:27 ~-~-> 03:52:32 |I can be helpful. I can teach, I can show you how it's going to help you and | ||
2489 | |2488 |03:52:32 ~-~-> 03:52:38 |make your decision making process about trading and investing more direct and | ||
2490 | |2489 |03:52:38 ~-~-> 03:52:41 |without going through a lot of the stuff I had to go through. It doesn't mean | ||
2491 | |2490 |03:52:41 ~-~-> 03:52:45 |profitability. It doesn't mean that your profits are guaranteed. Doesn't mean | ||
2492 | |2491 |03:52:45 ~-~-> 03:52:49 |success is guaranteed. It just means that, through my experience with | ||
2493 | |2492 |03:52:49 ~-~-> 03:52:53 |teaching lots of people and my own personal experience, these are the best | ||
2494 | |2493 |03:52:53 ~-~-> 03:52:58 |ways that I think that someone should go around learning how to do this, and if | ||
2495 | |2494 |03:52:58 ~-~-> 03:53:01 |they aren't willing to come out here and sit in front of the world, like I'm | ||
2496 | |2495 |03:53:01 ~-~-> 03:53:05 |doing here, and explain to you why it should be beneficial to expect this or | ||
2497 | |2496 |03:53:05 ~-~-> 03:53:10 |that, to push a button live, explain it why it should take place, then they're | ||
2498 | |2497 |03:53:10 ~-~-> 03:53:15 |not worth paying. They're not worth listening to. Their course isn't worth | ||
2499 | |2498 |03:53:15 ~-~-> 03:53:20 |shit. Their sermons aren't worth listening to, their wares are not worth | ||
2500 | |2499 |03:53:20 ~-~-> 03:53:27 |purchasing. All that stuff. It's all bullshit and drama marketing. Listen, | ||
2501 | |2500 |03:53:27 ~-~-> 03:53:32 |I'm master that. All I gotta do is start a fire. I can start a fire easy. I just | ||
2502 | |2501 |03:53:32 ~-~-> 03:53:36 |started one today. Twitter's gonna be a blaze with this shit. And guess what? | ||
2503 | |2502 |03:53:36 ~-~-> 03:53:39 |That means more people are gonna come and they're gonna want to talk, and | ||
2504 | |2503 |03:53:39 ~-~-> 03:53:42 |they're gonna watch and they're gonna watch me do what you just saw me do | ||
2505 | |2504 |03:53:42 ~-~-> 03:53:46 |today. But even better, and they're gonna be like, Fuck Robbins. This guy's | ||
2506 | |2505 |03:53:46 ~-~-> 03:53:49 |dealing with exactly what I want to learn. Gives a shit what he's doing. I | ||
2507 | |2506 |03:53:49 ~-~-> 03:53:52 |don't care about Michael. I just want to hear what he's teaching. I care about | ||
2508 | |2507 |03:53:52 ~-~-> 03:53:55 |that. If that can make me some bread. That's what I'm all about. That's the | ||
2509 | |2508 |03:53:55 ~-~-> 03:54:00 |right mindset. That's the person that's passed the test. That's how you know you | ||
2510 | |2509 |03:54:00 ~-~-> 03:54:04 |graduated, because it's not about being tethered to me. I want you to be able to | ||
2511 | |2510 |03:54:04 ~-~-> 03:54:07 |say, You know what, Michael, I appreciate everything you've done for | ||
2512 | |2511 |03:54:07 ~-~-> 03:54:10 |me, but fuck the fuck off. I like to live now. I'm gonna go out there and I'm | ||
2513 | |2512 |03:54:10 ~-~-> 03:54:13 |gonna make money and catch you on the flip side, if I see you, I see you. | ||
2514 | |2513 |03:54:13 ~-~-> 03:54:17 |That's the right mental that's the mentality that I want all of you to | ||
2515 | |2514 |03:54:17 ~-~-> 03:54:24 |have. Not hold my hand. ICT, guide me. Stay, stay my guru ICT. Fuck that shit. | ||
2516 | |2515 |03:54:24 ~-~-> 03:54:28 |I don't want that. You shouldn't want that from anybody. You want to be | ||
2517 | |2516 |03:54:28 ~-~-> 03:54:32 |independent. You want to be independent thinker. You want to be independent | ||
2518 | |2517 |03:54:32 ~-~-> 03:54:39 |trader, devoid of any outside influence that means me or any other influencer. | ||
2519 | |2518 |03:54:39 ~-~-> 03:54:46 |You I think about it, isn't that really what you want. You want to be able to do | ||
2520 | |2519 |03:54:46 ~-~-> 03:54:50 |these things on your own and not have to worry about listening to long winded | ||
2521 | |2520 |03:54:50 ~-~-> 03:54:56 |fucking videos, studying this one and studying that one, you'll know what you | ||
2522 | |2521 |03:54:56 ~-~-> 03:55:01 |know, and you'll be able to implement it you. That's why I got into trading. I | ||
2523 | |2522 |03:55:01 ~-~-> 03:55:06 |wanted to learn how to make money. I love Larry Williams as a man, as a | ||
2524 | |2523 |03:55:06 ~-~-> 03:55:12 |mentor. He gave me the best head start in the right direction, but I trade with | ||
2525 | |2524 |03:55:12 ~-~-> 03:55:18 |very little of his stuff. But the impact he had as a mentor on me still has | ||
2526 | |2525 |03:55:18 ~-~-> 03:55:26 |lasting impressions. It it surfaces all the time. But it's not the technical | ||
2527 | |2526 |03:55:26 ~-~-> 03:55:32 |stuff. It's not to go into the market and trade, but this way of stuff, it's | ||
2528 | |2527 |03:55:33 ~-~-> 03:55:37 |how that this is. This is how you think about it. This is how you should think | ||
2529 | |2528 |03:55:37 ~-~-> 03:55:41 |about is how you should approach it. And I don't agree with everything he | ||
2530 | |2529 |03:55:41 ~-~-> 03:55:45 |teaches. I don't agree with a lot of the things he he subscribes to. He doesn't | ||
2531 | |2530 |03:55:45 ~-~-> 03:55:49 |believe in an algorithm controlling price. He believes it's buying and | ||
2532 | |2531 |03:55:49 ~-~-> 03:55:53 |selling pressure. And that's my first real mentor. You don't see me trashing | ||
2533 | |2532 |03:55:53 ~-~-> 03:55:58 |him, but I trashed the idea and the logic that these markets are absolutely | ||
2534 | |2533 |03:55:59 ~-~-> 03:56:02 |random into buying and selling pressure. Because clearly, as you've seen here | ||
2535 | |2534 |03:56:02 ~-~-> 03:56:06 |today, I would not know this stuff. It was random buying and selling pressure. | ||
2536 | |2535 |03:56:06 ~-~-> 03:56:11 |If it was what that was, then I should have been stopped out up here, and I | ||
2537 | |2536 |03:56:11 ~-~-> 03:56:14 |wasn't. But I was able to outline exactly what it should do and how it | ||
2538 | |2537 |03:56:14 ~-~-> 03:56:18 |happened. I should not be able to know that a first grade a gap in between 930 | ||
2539 | |2538 |03:56:19 ~-~-> 03:56:24 |and 10 o'clock should give you a enormous edge in terms of timing, when | ||
2540 | |2539 |03:56:24 ~-~-> 03:56:29 |the market's going to roll. And it did, and I'm in it too. And what? Here's the | ||
2541 | |2540 |03:56:29 ~-~-> 03:56:35 |here's the first one back here. So when you read these people leaving comments, | ||
2542 | |2541 |03:56:35 ~-~-> 03:56:42 |oh, do it live? I did it live. But you'll forget about it. Anybody can do | ||
2543 | |2542 |03:56:42 ~-~-> 03:56:48 |this. Do it live. Okay? Show me to anybody that can be this precise. It's | ||
2544 | |2543 |03:56:48 ~-~-> 03:56:54 |simple. Show me. Show me who that is, and until I talk to you tomorrow, be | ||
2545 | |2544 |03:56:54 ~-~-> 03:56:54 |safe. Do. | ||
2546 |