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2 |1 |00:01:40 ~-~-> 00:02:00 |ICT: Good morning, folks, how are you all right? So if you would be so kind is
3 |2 |00:02:00 ~-~-> 00:02:08 |to let me know on Twitter that you guys can hear me. Everything's okay on audio,
4 |3 |00:02:08 ~-~-> 00:02:09 |I'll begin.
5 |4 |00:02:19 ~-~-> 00:02:23 |Thank you. Wayne, just looking for a couple more people to confirm they can
6 |5 |00:02:23 ~-~-> 00:02:37 |hear me. Manuel, thank you. All right, thank you. So obviously, I'm under the
7 |6 |00:02:37 ~-~-> 00:02:42 |weather a little bit. I have a bit of a cold or virus whatnot. So I'm gonna try
8 |7 |00:02:42 ~-~-> 00:02:48 |to go through this, not quickly in rush, but I want to go through it to the point
9 |8 |00:02:48 ~-~-> 00:02:53 |and then break away. My end time in this live stream is going to be by nine
10 |9 |00:02:53 ~-~-> 00:02:57 |o'clock or sooner, depending upon how I go. But I want to cover a little bit
11 |10 |00:02:57 ~-~-> 00:03:04 |about yesterday's trading, and we'll watch at 830 the PPI number release, and
12 |11 |00:03:04 ~-~-> 00:03:07 |then watch it for a few minutes, and then I'll close the session out.
13 |12 |00:03:08 ~-~-> 00:03:15 |Alright, so let's get on with it. Here. We have a daily chart here on NASDAQ. I
14 |13 |00:03:15 ~-~-> 00:03:25 |want to take your attention to this area right in here. I on July 17, 2024 that's
15 |14 |00:03:25 ~-~-> 00:03:30 |a Sibi sell sign imbalance by signing efficiency. Now you want to grade that.
16 |15 |00:03:30 ~-~-> 00:03:35 |So what you would do is take your fib, put it on this candle is low to this
17 |16 |00:03:35 ~-~-> 00:03:42 |candle is high, and this is your midpoint, consequent encroachment. This
18 |17 |00:03:42 ~-~-> 00:03:51 |is the high, this is the low. And you want to add the quadrants here, so this
19 |18 |00:03:51 ~-~-> 00:03:56 |will give you the upper and lower quadrant inside of a range that you're
20 |19 |00:03:56 ~-~-> 00:04:02 |grading or price link. So you can do a implied dealing range, where you're
21 |20 |00:04:02 ~-~-> 00:04:06 |anticipating the market to deliver in the direction of your target, and you
22 |21 |00:04:06 ~-~-> 00:04:14 |can run a grading using the FIB and predict where the algorithm will start
23 |22 |00:04:14 ~-~-> 00:04:20 |to accumulate or distribute new position entries on a longer term price run, or
24 |23 |00:04:20 ~-~-> 00:04:26 |unrealized price target being met while uh, prices going higher or going lower
25 |24 |00:04:26 ~-~-> 00:04:30 |when you're bearish or bullish. I have lessons for that, by the way, it's in
26 |25 |00:04:30 ~-~-> 00:04:35 |the core content, lessons on the YouTube channel for free, but the upper quadrant
27 |26 |00:04:35 ~-~-> 00:04:40 |level consequent encroachment and lower quadrant level. So you can see, we
28 |27 |00:04:40 ~-~-> 00:04:46 |failed on this run here on September 26 it failed to even get to consequent
29 |28 |00:04:46 ~-~-> 00:04:51 |encroachment there and then yesterday, we were working the lower quadrant. So
30 |29 |00:04:51 ~-~-> 00:04:58 |just be mindful that that 20,004 89 level, that level was more or less the
31 |30 |00:04:58 ~-~-> 00:05:04 |level I had in my. Um, because I saw that it failed on this one here. I'm not
32 |31 |00:05:04 ~-~-> 00:05:07 |abandoning the long term bullishness on this market because it's an election
33 |32 |00:05:07 ~-~-> 00:05:10 |year, because you're really trying to fluff it up, put lipstick on this pig,
34 |33 |00:05:10 ~-~-> 00:05:14 |to make it look like the economy strong when the when the stock market has no
35 |34 |00:05:14 ~-~-> 00:05:20 |direct correlation to the economy, it's it's a casino. So with that in mind,
36 |35 |00:05:21 ~-~-> 00:05:28 |while I did tell my students that this 538 is the the intermediate term draw,
37 |36 |00:05:28 ~-~-> 00:05:32 |that means what's based on a daily chart, that's where the market's likely
38 |37 |00:05:32 ~-~-> 00:05:36 |to pull to next. But I don't need it to go there, which is what I showed
39 |38 |00:05:36 ~-~-> 00:05:39 |yesterday in the executions. So I want to give you a little bit more detail,
40 |39 |00:05:39 ~-~-> 00:05:45 |but just know that we're working the lower half of this shaded area here, and
41 |40 |00:05:45 ~-~-> 00:05:50 |because of that, I'm sticking to the likelihood of it wanting to reach
42 |41 |00:05:50 ~-~-> 00:05:56 |further. So being long or going long has been predominantly the larger size of my
43 |42 |00:05:57 ~-~-> 00:06:04 |leverage. So if I'm going to go short, I wasn't all that interested in being
44 |43 |00:06:04 ~-~-> 00:06:09 |short anytime this this week. But the the the fact that that we have
45 |44 |00:06:09 ~-~-> 00:06:17 |unrealized portions of this inefficiency treated to so all of this halfway point,
46 |45 |00:06:17 ~-~-> 00:06:21 |or just below halfway, because it only went to that candles high there at 538
47 |46 |00:06:22 ~-~-> 00:06:27 |and you still have 568 which is half of the range between this candle is high
48 |47 |00:06:27 ~-~-> 00:06:36 |and that candles low. So knowing those things and trying to avoid being quote,
49 |48 |00:06:36 ~-~-> 00:06:39 |unquote, right, because I'm not teaching you to be right. I'm teaching you to
50 |49 |00:06:39 ~-~-> 00:06:43 |focus on low hanging fruit objectives, sticking with the bias, sticking with
51 |50 |00:06:43 ~-~-> 00:06:46 |the directional draw and liquidity that's based on a higher Time Frame
52 |51 |00:06:46 ~-~-> 00:06:52 |chart, ie the weekly or daily, and then sticking to that and waiting for time
53 |52 |00:06:52 ~-~-> 00:07:00 |and price to agree. So just know that this level here, 538 is, in my mind the
54 |53 |00:07:00 ~-~-> 00:07:05 |draw, but I have to have something that's less than that for a low hanging
55 |54 |00:07:05 ~-~-> 00:07:10 |fruit objective to reach for and be content with it, meaning that my trade
56 |55 |00:07:10 ~-~-> 00:07:16 |idea would be satisfied taking something close to this level, but not requiring
57 |56 |00:07:16 ~-~-> 00:07:23 |it to be at that level, but still have sound principles around it to justify
58 |57 |00:07:23 ~-~-> 00:07:28 |why taking that exit is warranted and not just holding on for this objective
59 |58 |00:07:28 ~-~-> 00:07:34 |here. Okay, so with that context, I'm going to drop down into this little area
60 |59 |00:07:34 ~-~-> 00:07:37 |here. I'm going to remove these lines just because I don't want it to be
61 |60 |00:07:37 ~-~-> 00:07:37 |confusing. I'm
62 |61 |00:07:44 ~-~-> 00:07:55 |now, if you look at what we have on the highest candle here on September 26 the
63 |62 |00:07:55 ~-~-> 00:08:00 |high comes in at 20,005 38 full disclosure, I've told my students in
64 |63 |00:08:00 ~-~-> 00:08:04 |private mentorship. This is where my draw is for the week. I want to see it
65 |64 |00:08:04 ~-~-> 00:08:09 |trade there. Does it need to trade there? No. What would I take as a
66 |65 |00:08:09 ~-~-> 00:08:12 |consolation, like what would be a low hanging fruit objective? That's what I'm
67 |66 |00:08:12 ~-~-> 00:08:17 |about to flush out now for you. So half of this range between this candle is
68 |67 |00:08:17 ~-~-> 00:08:25 |closed, that candles high is this level here. So this premium wick is a array
69 |68 |00:08:25 ~-~-> 00:08:30 |where we split it in half, because a wick is a gap. So half of that gap is
70 |69 |00:08:30 ~-~-> 00:08:36 |20,004 42 and a half. So Thursday, this is the candlestick for Thursday's
71 |70 |00:08:36 ~-~-> 00:08:40 |trading. Now, inside of this what would look like on a daily chart, by all
72 |71 |00:08:40 ~-~-> 00:08:43 |intents purposes. You can see that there's nothing really inherently
73 |72 |00:08:44 ~-~-> 00:08:48 |exciting about that candlestick. But you also watch me buy near the low and sell
74 |73 |00:08:48 ~-~-> 00:08:54 |near the high, based on the things I'm going to show you here. So we also have
75 |74 |00:08:54 ~-~-> 00:08:59 |this level right there, which is the upper quadrant of this premium wick. And
76 |75 |00:09:00 ~-~-> 00:09:08 |I'll show you what I mean by that. I'm going to add all the levels again so you
77 |76 |00:09:08 ~-~-> 00:09:12 |can see the halfway point. In this case, it's consequence encroachment, point
78 |77 |00:09:12 ~-~-> 00:09:19 |seven, 5.25 and the high and low base figures for anchoring your fifth. So
79 |78 |00:09:19 ~-~-> 00:09:25 |that's the closing price on the 26th of September to the high of that candle.
80 |79 |00:09:26 ~-~-> 00:09:32 |The upper quadrant is 20,004 90. Even consequent encroachment is 442, even
81 |80 |00:09:32 ~-~-> 00:09:40 |lower quadrants 20,003 93.75, and then you have the low of this wick, which is
82 |81 |00:09:40 ~-~-> 00:09:48 |this? Candlesticks closed. Okay. So the upper quadrant level right there, when I
83 |82 |00:09:48 ~-~-> 00:09:53 |take the FIB away, or not the FIB, but I take the quadrants away, you'll see that
84 |83 |00:09:53 ~-~-> 00:09:59 |that's the reason why that's anchored as it is, see. So this blue line here,
85 |84 |00:09:59 ~-~-> 00:10:05 |that's. Dashed. That's what I'm aiming for, and I don't require it to trade up
86 |85 |00:10:05 ~-~-> 00:10:09 |to the high of that wick. You see what I've just done, I've traded with the
87 |86 |00:10:09 ~-~-> 00:10:14 |idea that it could trade to the 538 level. I could be right technically, and
88 |87 |00:10:14 ~-~-> 00:10:18 |I could have a higher target objective being met, and my exit would be even
89 |88 |00:10:18 ~-~-> 00:10:24 |more profitable. But I don't need to do that. I don't teaching you how to take
90 |89 |00:10:25 ~-~-> 00:10:31 |the probabilities and then reduce them down to a larger degree of accuracy and
91 |90 |00:10:31 ~-~-> 00:10:36 |remove the tendency to feel like you have to be right. Being right is not
92 |91 |00:10:36 ~-~-> 00:10:41 |doesn't equate to being profitable. You can be wrong and be profitable. You can
93 |92 |00:10:41 ~-~-> 00:10:47 |be wrong and still grow your account in every trade that you actually, actually
94 |93 |00:10:47 ~-~-> 00:10:51 |try to trade to a specific target and price. It may never touch those
95 |94 |00:10:51 ~-~-> 00:10:56 |objectives, and you can still be adding new equity to your your bottom line. So
96 |95 |00:10:56 ~-~-> 00:11:01 |focusing on being right or focusing on trying to avoid losing trades, that's a
97 |96 |00:11:01 ~-~-> 00:11:04 |thing that is going to cycle through constantly, if you have a loser's
98 |97 |00:11:04 ~-~-> 00:11:08 |mentality, or you don't have a model, or if you haven't done back testing enough
99 |98 |00:11:08 ~-~-> 00:11:14 |to solidify the things I'm teaching you. So just know that this is the range I
100 |99 |00:11:14 ~-~-> 00:11:19 |was dealing in. It's this candlesticks wick that I'm aiming for the targets on.
101 |100 |00:11:20 ~-~-> 00:11:24 |So what am I going to use as a discount to enter on? Well now we take our
102 |101 |00:11:24 ~-~-> 00:11:29 |attention over to October 8. Now notice that we're doing all this work on the
103 |102 |00:11:29 ~-~-> 00:11:33 |daily chart. We're not inside one second charts, five second charts, five minute
104 |103 |00:11:33 ~-~-> 00:11:37 |charts, 60 minute charts. We haven't even left the daily chart yet, so I'm
105 |104 |00:11:37 ~-~-> 00:11:41 |framing the context, how the algorithm is going to refer back to these price
106 |105 |00:11:41 ~-~-> 00:11:45 |points from the daily perspective. Okay, so sticking with a higher Time Frame,
107 |106 |00:11:45 ~-~-> 00:11:50 |order flow, being bullish still. It's an election year. I want to still focus on
108 |107 |00:11:50 ~-~-> 00:11:57 |heavy leverage on loans, and I don't need to be right. So we're framing high
109 |108 |00:11:57 ~-~-> 00:12:04 |probability with low risk entries. This candlestick has a wick as well. See
110 |109 |00:12:04 ~-~-> 00:12:12 |that? Now I'm going to add again, two boundaries. And since it's a short and
111 |110 |00:12:12 ~-~-> 00:12:18 |stubby type of wick compared to and by contrast this one, it's only important
112 |111 |00:12:18 ~-~-> 00:12:21 |to know what the midpoint is, okay, or consequent encroachment. So this wick,
113 |112 |00:12:23 ~-~-> 00:12:27 |this wick right here, from high to the close of that candlestick, I want to
114 |113 |00:12:27 ~-~-> 00:12:31 |know what the halfway point is. So that's consequence encroachment. So
115 |114 |00:12:31 ~-~-> 00:12:38 |because price opened up here on Thursday and traded down, okay, well, as soon as
116 |115 |00:12:38 ~-~-> 00:12:43 |it opened up here, this makes this a discount array. That means it's it can
117 |116 |00:12:43 ~-~-> 00:12:47 |it's going to reprice down to it, but not only is it just going to trade to
118 |117 |00:12:47 ~-~-> 00:12:52 |it, but my expectation is the algorithm will use this to facilitate some measure
119 |118 |00:12:52 ~-~-> 00:12:59 |of support accumulation, and then start to rally from there. So you can see,
120 |119 |00:12:59 ~-~-> 00:13:06 |without any you know more talking about you can see how it used this wick, right
121 |120 |00:13:06 ~-~-> 00:13:10 |there, overshoots it by a little bit. That's normal. Remember, the wicks are
122 |121 |00:13:10 ~-~-> 00:13:17 |allowed to do the damage. So we want to see something accumulate in this area
123 |122 |00:13:17 ~-~-> 00:13:25 |here with a secondary or third reason to be long. Now let's drop down to a lower
124 |123 |00:13:25 ~-~-> 00:13:29 |time frame charts. You just know that this wick right here, in this blue
125 |124 |00:13:29 ~-~-> 00:13:35 |shaded dotted line here, which I'll go back to, just taking these off, you'll
126 |125 |00:13:35 ~-~-> 00:13:41 |see that that is the Tuesday daily premium wick. Now when I say premium,
127 |126 |00:13:41 ~-~-> 00:13:45 |this is going to be a cause for confusion, because you heard me talk
128 |127 |00:13:45 ~-~-> 00:13:51 |about this as a discount array. If I ever talk about a candlestick and I say
129 |128 |00:13:51 ~-~-> 00:13:55 |it's a premium wick, premium wick is going to be the wick on the high end of
130 |129 |00:13:55 ~-~-> 00:14:01 |the candle, a discount wick would be a wick on the low of the candle. Okay, so
131 |130 |00:14:01 ~-~-> 00:14:09 |when prices up here, this premium array is a discount relative to where market
132 |131 |00:14:09 ~-~-> 00:14:13 |price is, so it's down there. So just think of it as this premium WIC
133 |132 |00:14:14 ~-~-> 00:14:19 |inversion. So it's it's treating it as a method of going down to go up. That's
134 |133 |00:14:19 ~-~-> 00:14:25 |all it is. Okay, alright. So because we have this levels annotated and we have
135 |134 |00:14:25 ~-~-> 00:14:30 |Wednesday's daily high annotated here as well, we're going to drop down into the
136 |135 |00:14:30 ~-~-> 00:14:37 |next chart, right? So this is a 15 minute time frame, so right away, you
137 |136 |00:14:37 ~-~-> 00:14:41 |can see the Tuesday daily premium WIC consequent encroachment level. To know
138 |137 |00:14:41 ~-~-> 00:14:45 |it's a mouthful, you can see it trading down into that and what else is in close
139 |138 |00:14:45 ~-~-> 00:14:52 |proximity to that, that level at the time that price trades down to it. What
140 |139 |00:14:52 ~-~-> 00:15:01 |do you see? You see that gap right here. So. We can look at like this,
141 |140 |00:15:09 ~-~-> 00:15:10 |I'm already losing my voice.
142 |141 |00:15:18 ~-~-> 00:15:23 |Okay, so you have a gap here, and you have Tuesday's daily premium with
143 |142 |00:15:23 ~-~-> 00:15:29 |constant encouragement there. And it happens after we get a low form. Notice
144 |143 |00:15:29 ~-~-> 00:15:37 |that. So right away, this is the level I was pointing to. One Actually, no, it's
145 |144 |00:15:37 ~-~-> 00:15:41 |not true in Twitter, I was looking at these relative equal highs here I
146 |145 |00:15:41 ~-~-> 00:15:46 |noticed on the one minute chart. And if you go back and look at Twitter, you'll
147 |146 |00:15:46 ~-~-> 00:15:50 |see that I had noted this before the P I'm sorry, the CPI number was released
148 |147 |00:15:50 ~-~-> 00:15:54 |at 830 yesterday, on Thursday, I took everybody's attention. Said, I like
149 |148 |00:15:54 ~-~-> 00:16:03 |20,004 74 it's smooth. It opens at the CPI number goes right above that does
150 |149 |00:16:03 ~-~-> 00:16:07 |not take out the high over here. Trades to that runs the liquidity there, and
151 |150 |00:16:07 ~-~-> 00:16:13 |then drops down, trades into the fair value gap there, comes back up a little
152 |151 |00:16:13 ~-~-> 00:16:17 |bit institutional order for entry drill here, and then dumps down once more,
153 |152 |00:16:17 ~-~-> 00:16:22 |trading into Tuesday's daily premium, with consequent encroachment, which I
154 |153 |00:16:22 ~-~-> 00:16:25 |showed on the daily chart, and then they're at the low, and then it's
155 |154 |00:16:25 ~-~-> 00:16:31 |allowed to do what color outside the lines. This is a mohawk. Okay, so inside
156 |155 |00:16:31 ~-~-> 00:16:38 |this Mohawk, I'm going long because I'm fulfilling several things here. The
157 |156 |00:16:38 ~-~-> 00:16:46 |market cleared. Stops there, dropped, showed a reaction, went to the furthest
158 |157 |00:16:46 ~-~-> 00:16:52 |extreme of that theory. I got right here. This one right here, okay, trades
159 |158 |00:16:52 ~-~-> 00:16:57 |the low of it and then goes outside of it a little bit. That's completely
160 |159 |00:16:57 ~-~-> 00:17:03 |normal. It's absolutely normal. And I want to accumulate a long position based
161 |160 |00:17:03 ~-~-> 00:17:09 |on that and anticipate trading up to in the direction of 20,005 38 on the daily
162 |161 |00:17:09 ~-~-> 00:17:13 |chart. But remember, I don't need that price level. All I need is it to trade
163 |162 |00:17:13 ~-~-> 00:17:19 |it to this right here, this dashed line here, remember what I just said on the
164 |163 |00:17:19 ~-~-> 00:17:22 |daily chart. This is the reason why you're supposed to be writing notes as
165 |164 |00:17:22 ~-~-> 00:17:26 |I'm talking. You're not going to know well, remember what that low is. If you
166 |165 |00:17:26 ~-~-> 00:17:29 |just been watching and just eating potato chips and not paying attention or
167 |166 |00:17:29 ~-~-> 00:17:33 |playing Xbox, you have to pay attention and understand what I'm referring to.
168 |167 |00:17:33 ~-~-> 00:17:37 |And then you have the relative equal highs here. But just above that, how far
169 |168 |00:17:37 ~-~-> 00:17:41 |can it go? Go back to that daily chart, and you'll see that that's that level
170 |169 |00:17:41 ~-~-> 00:17:48 |here I'm annotating. So I want to see this price level traded too. So again,
171 |170 |00:17:48 ~-~-> 00:17:52 |if I think it can trade there, how else can I refine it? So that way I have a
172 |171 |00:17:52 ~-~-> 00:17:59 |high probability exit strategy and not demand the 20,005 38 level, not demand
173 |172 |00:17:59 ~-~-> 00:18:04 |the 20,004 90 level. So I can choose what I can choose something very, very
174 |173 |00:18:04 ~-~-> 00:18:11 |small and short term, and it's this high to this high, and the high here. So
175 |174 |00:18:11 ~-~-> 00:18:15 |that's why I had my limit order. You'll see it was in the post yesterday, and
176 |175 |00:18:15 ~-~-> 00:18:20 |what I'll show here in a moment. So the market then creates all this
177 |176 |00:18:20 ~-~-> 00:18:27 |consolidation accumulation and then runs up and bumps the objectives did not get
178 |177 |00:18:27 ~-~-> 00:18:34 |to 20,005 38 and I don't need it to trade you. Okay, so I do believe that
179 |178 |00:18:34 ~-~-> 00:18:40 |the 20,005 38 still in play and still a factor for me, but it's not necessary
180 |179 |00:18:40 ~-~-> 00:18:47 |for what I was using yesterday. And then we're moving over to a one minute chart,
181 |180 |00:18:47 ~-~-> 00:18:53 |so you can see the levels of this added which is that fair value gap, and then
182 |181 |00:18:53 ~-~-> 00:19:00 |the the initial low, the consolidation, and then drop down at the market
183 |182 |00:19:00 ~-~-> 00:19:07 |opening. Here is the 931 minimum threshold for time. You can't make it
184 |183 |00:19:07 ~-~-> 00:19:11 |earlier than that, so 931 that's your first presented fair value gap. It's
185 |184 |00:19:11 ~-~-> 00:19:16 |small, but it's okay. It's still useful. And the market dives down and trades
186 |185 |00:19:16 ~-~-> 00:19:22 |just below that fair value gap that I showed on the five minute chart. So if
187 |186 |00:19:22 ~-~-> 00:19:27 |you if I scrub over here and show you in the one minute time frame where these
188 |187 |00:19:27 ~-~-> 00:19:30 |two blue lines are annotated, it doesn't look like there's a fair value gap at
189 |188 |00:19:30 ~-~-> 00:19:35 |all. So that's why you have to cycle through your time frames down and you'll
190 |189 |00:19:35 ~-~-> 00:19:39 |be able to refine any inefficiencies. But there's no refinement necessary in
191 |190 |00:19:39 ~-~-> 00:19:45 |here, because it's a lot of back and forth delivery, see. So it's all back
192 |191 |00:19:45 ~-~-> 00:19:48 |and forth between this candle, I'm sorry, between this price range and this
193 |192 |00:19:48 ~-~-> 00:19:52 |price range defined by those blue lines, was anchored on the five minute chart.
194 |193 |00:19:52 ~-~-> 00:19:59 |In a one minute chart, it doesn't look all that inefficient, does it? I'm going
195 |194 |00:19:59 ~-~-> 00:20:04 |over here. Here to the time that the market
196 |195 |00:20:09 ~-~-> 00:20:17 |delivered the CPI number drops down, creates a short term low. Notice it's
197 |196 |00:20:17 ~-~-> 00:20:21 |gravitating towards that here, ready guy, dropping down into there and then
198 |197 |00:20:21 ~-~-> 00:20:31 |consolidating and once more, diving down here. And what time of day is that? 950,
199 |198 |00:20:32 ~-~-> 00:20:35 |so I teach that usually there's something that goes on in the
200 |199 |00:20:35 ~-~-> 00:20:40 |marketplace that all the buying and selling agrees within that 20 minute
201 |200 |00:20:40 ~-~-> 00:20:46 |time window. Somehow some some shape or form, some unknown influence comes over
202 |201 |00:20:46 ~-~-> 00:20:50 |all the retail and commercial and institutional trading they all want to
203 |202 |00:20:50 ~-~-> 00:20:56 |buy and sell in that 20 minute interval. It just seems that all that has to
204 |203 |00:20:56 ~-~-> 00:20:59 |happen right then and there. It's uncanny how it happens. It's probably
205 |204 |00:20:59 ~-~-> 00:21:05 |not an algorithm. It's probably just a pure, unadulterated buying and selling
206 |205 |00:21:05 ~-~-> 00:21:09 |pressure that everybody comes the same conclusion at 10 minutes to 10 to 10
207 |206 |00:21:09 ~-~-> 00:21:14 |minutes after 10. It's just, it's funny how that works. But if we look at how
208 |207 |00:21:14 ~-~-> 00:21:18 |price reacts there and trades up, we have an inversion fair value gap in here
209 |208 |00:21:18 ~-~-> 00:21:25 |between this candles low. This candle is high. You can see it. It trades up,
210 |209 |00:21:25 ~-~-> 00:21:31 |comes back down in and then accumulates trades into a propulsion block, which is
211 |210 |00:21:31 ~-~-> 00:21:36 |this down closed candle. The order blocks here, propulsion blocks here.
212 |211 |00:21:36 ~-~-> 00:21:41 |Look at month four's content on the 2016 mentorship playlist, and you'll you'll
213 |212 |00:21:41 ~-~-> 00:21:47 |know what a propulsion block is, and it rallies and creates a fair value gap.
214 |213 |00:21:47 ~-~-> 00:21:52 |Here comes encroachments. Trade there rallies up trades to the low of that
215 |214 |00:21:52 ~-~-> 00:21:58 |shaded pink area, which is that, what? Remember that daily chart I showed you,
216 |215 |00:21:58 ~-~-> 00:22:05 |that big range in pink. This is the low of that range. So it's drawing back up
217 |216 |00:22:05 ~-~-> 00:22:10 |into that higher Time Frame array. It's going to treat it as what premium,
218 |217 |00:22:10 ~-~-> 00:22:14 |right? They create relative highs, relative equal highs. They bump it,
219 |218 |00:22:14 ~-~-> 00:22:19 |trade it back down into what first presented fair value gap, all of this
220 |219 |00:22:19 ~-~-> 00:22:24 |consolidation, I'm avoiding all that. And then in here I told my private
221 |220 |00:22:24 ~-~-> 00:22:28 |mentorship students, I said, note the low of the imbalance of Sibi on the
222 |221 |00:22:28 ~-~-> 00:22:33 |daily chart, and then note the 538 level. And I'm going to be waiting for a
223 |222 |00:22:33 ~-~-> 00:22:39 |displacement inside that shaded area in the direction of 20,005 38 there's that
224 |223 |00:22:39 ~-~-> 00:22:44 |displacement right here. And then here I'm accumulating long position, and I'm
225 |224 |00:22:44 ~-~-> 00:22:51 |going to be targeting that 480, 2.75 level, put a limit order just around
226 |225 |00:22:51 ~-~-> 00:22:55 |that area, and try to gravitate towards that with price. I don't need it to
227 |226 |00:22:55 ~-~-> 00:23:01 |trade to the 20,004 90, and I don't need to trade 20,005 38 and because I shared
228 |227 |00:23:01 ~-~-> 00:23:04 |my target yesterday, I told everybody on Twitter, the chances of it going to
229 |228 |00:23:04 ~-~-> 00:23:08 |20,005 38 now is unlikely in the morning. So don't, don't look for that
230 |229 |00:23:08 ~-~-> 00:23:14 |target. We met. It wasn't met yesterday. So the target, I'm sorry, not the
231 |230 |00:23:14 ~-~-> 00:23:20 |target, the high of yesterday came in at 5000 I'm sorry, 20,503
232 |231 |00:23:26 ~-~-> 00:23:31 |and meandering around the rest of the day. And now today, this is yesterday's
233 |232 |00:23:31 ~-~-> 00:23:35 |first percent of your value gap. And you can see the reaction off of it here.
234 |233 |00:23:36 ~-~-> 00:23:41 |It's probably random. So notice the high here, in here. That's where buy side,
235 |234 |00:23:41 ~-~-> 00:23:48 |minor buy side running from here to here. So finally, we're going to go down
236 |235 |00:23:48 ~-~-> 00:23:56 |into the the 15 second chart. And you can see, remember, there was a one
237 |236 |00:23:56 ~-~-> 00:24:01 |minute inversion for everybody. Gap on this decline here. But I'm drawing your
238 |237 |00:24:01 ~-~-> 00:24:05 |attention to After trading down into the five minute fair Bay gap, taking the
239 |238 |00:24:05 ~-~-> 00:24:13 |sell side here, and that Tuesday's premium consequent encroachment wick,
240 |239 |00:24:13 ~-~-> 00:24:16 |which is not appearing on here. I apologize, but just go back at the
241 |240 |00:24:16 ~-~-> 00:24:19 |previous video portions, and you'll see it. We're doing your chart, which is
242 |241 |00:24:19 ~-~-> 00:24:22 |really what you're supposed to be doing, because if you do that, you'll you'll
243 |242 |00:24:22 ~-~-> 00:24:26 |have a better a better view. So right in here, you'll see that we have relative
244 |243 |00:24:26 ~-~-> 00:24:30 |equal highs, so we already know what they've engineered there. Then we have
245 |244 |00:24:30 ~-~-> 00:24:34 |the low of that daily city. And then we have the 482
246 |245 |00:24:41 ~-~-> 00:24:46 |75 level, which is my my job. That was from my trade, that was my Terminus. So
247 |246 |00:24:47 ~-~-> 00:24:56 |I want to aim for that price. And in here, if we add the executions, I'm just
248 |247 |00:24:56 ~-~-> 00:24:59 |going to hover over top the arrows, because it'll tell you the price.
249 |248 |00:24:59 ~-~-> 00:25:04 |Because when I put the. The annotations like this, it just gets in the way and
250 |249 |00:25:04 ~-~-> 00:25:07 |makes it hard for me to point to certain things. So I just want you to see it for
251 |250 |00:25:07 ~-~-> 00:25:12 |a second. There they are, but I'm going to take them off and just hover over top
252 |251 |00:25:12 ~-~-> 00:25:16 |of the arrows, because it's going to accomplish the same thing. Okay, so
253 |252 |00:25:16 ~-~-> 00:25:23 |right here in this drop on a 15 second time frame you can see right look right
254 |253 |00:25:23 ~-~-> 00:25:26 |here on that blue line, um, I'm hitting the low of that fair value gap on the
255 |254 |00:25:26 ~-~-> 00:25:33 |financial I see it. That's the price right there, right there. I'm hammering
256 |255 |00:25:33 ~-~-> 00:25:36 |it there, going long, and then this buy side and balance, sell side, and
257 |256 |00:25:36 ~-~-> 00:25:39 |efficiency as it's dropping down, I already know what I'm looking for. We
258 |257 |00:25:39 ~-~-> 00:25:46 |have a breaker. Low, high, low or low. That's your breaker right here. That's
259 |258 |00:25:46 ~-~-> 00:25:49 |why it digs down below half of that fair value gap there, because the breakers
260 |259 |00:25:49 ~-~-> 00:25:55 |candlestick is a little bit let me make it wider so you can see it. Now, I know
261 |260 |00:25:55 ~-~-> 00:25:58 |some of you are saying this is really complicated. Well, I mean, if you want,
262 |261 |00:25:58 ~-~-> 00:26:02 |if you want high degree precision, it's not going to come with an RSI or
263 |262 |00:26:02 ~-~-> 00:26:07 |stochastic or MACD. You're gonna have to put some real study into it. But this
264 |263 |00:26:07 ~-~-> 00:26:12 |range here, watch what happens when I highlight that and carry there, because
265 |264 |00:26:12 ~-~-> 00:26:13 |this is your breaker.
266 |265 |00:26:18 ~-~-> 00:26:22 |Upper half. It's respecting it. Does it go down to consequent encroachment? No.
267 |266 |00:26:22 ~-~-> 00:26:26 |So it's it's okay for it to trade down in the upper half of this. That's
268 |267 |00:26:26 ~-~-> 00:26:30 |reasonable. You want to see it stay away from the lower half. And at the same
269 |268 |00:26:30 ~-~-> 00:26:33 |time it's doing that the buying and selling pressure that I like to tell you
270 |269 |00:26:33 ~-~-> 00:26:38 |is going on. It stops it in consequent encroachment. Here, the bodies never
271 |270 |00:26:38 ~-~-> 00:26:43 |come down and lower top it, or go below it. The wicks are allowed to do the
272 |271 |00:26:43 ~-~-> 00:26:46 |damage. Because you have to look at why the wicks are being permitted to do the
273 |272 |00:26:46 ~-~-> 00:26:52 |damage. It's digging into some other liquidity, or it's digging into another
274 |273 |00:26:52 ~-~-> 00:26:57 |close proximity array, like this breaker here. So you can see my entry there,
275 |274 |00:26:57 ~-~-> 00:27:04 |inside of the breaker in its upper half, and then it rallies. And then I'm adding
276 |275 |00:27:04 ~-~-> 00:27:13 |inside of this gap here. And then I'm like, I'm looking for a partial here,
277 |276 |00:27:16 ~-~-> 00:27:20 |and then straightened out into the first present, the fair value gap there.
278 |277 |00:27:25 ~-~-> 00:27:30 |And there's five sold here. And then I closed the trade out manually, because
279 |278 |00:27:31 ~-~-> 00:27:35 |my life required my attention, and I couldn't manage the trade. The rest of
280 |279 |00:27:35 ~-~-> 00:27:41 |the time I was being distracted with her later on in the day. Here's that first
281 |280 |00:27:41 ~-~-> 00:27:49 |presenter, fair value gap. Again and again in here we have the displacement.
282 |281 |00:27:49 ~-~-> 00:27:53 |I told my private mentorship students, you cannot join that. You cannot join my
283 |282 |00:27:53 ~-~-> 00:27:57 |telegram channels to have my user groups. You cannot do that. Stop asking.
284 |283 |00:27:57 ~-~-> 00:28:01 |There is not going to be a future paid mentorship. I don't do this a lot. I
285 |284 |00:28:01 ~-~-> 00:28:05 |just, we basically just talk and casually talk. We rarely ever do
286 |285 |00:28:05 ~-~-> 00:28:10 |anything that would want to draw more attention to you wanting to join it.
287 |286 |00:28:10 ~-~-> 00:28:14 |Okay? So just, it's just a way for me to have a private community where I can go
288 |287 |00:28:14 ~-~-> 00:28:18 |out and talk to them, and I have to explain everything in detail what I just
289 |288 |00:28:18 ~-~-> 00:28:23 |said. So I'm mentoring here. This is the mentorship right here. I'm talking about
290 |289 |00:28:23 ~-~-> 00:28:29 |it live and teaching it for free. So all right, so in here, I'm using the the
291 |290 |00:28:29 ~-~-> 00:28:33 |inefficiency here, and then the inversion, fairba gap here. So I'm
292 |291 |00:28:33 ~-~-> 00:28:37 |accumulating all these positions in here because I know that it's not coming back
293 |292 |00:28:37 ~-~-> 00:28:46 |down to the low. It's not doing that. So all this is this, and this I'm trading
294 |293 |00:28:46 ~-~-> 00:28:52 |all the trades in there, knowing that I have already seen the accumulation
295 |294 |00:28:52 ~-~-> 00:28:56 |required before getting up into that shaded pink area, which is that daily
296 |295 |00:28:56 ~-~-> 00:29:03 |city. So accumulating it in here, waiting for a nice rally higher once it
297 |296 |00:29:03 ~-~-> 00:29:06 |breaks this high here, it should be no problem for it to trade to my
298 |297 |00:29:06 ~-~-> 00:29:14 |objectives. Above high, it drops down. It sucks people into thinking it's going
299 |298 |00:29:14 ~-~-> 00:29:20 |to go short. They ride one more time higher by side, dropping deep into this
300 |299 |00:29:20 ~-~-> 00:29:28 |inefficiency and order block and rallies again, accumulates around that quadrant
301 |300 |00:29:28 ~-~-> 00:29:34 |in the city on the daily chart, and then trades to my objective, right there,
302 |301 |00:29:36 ~-~-> 00:29:42 |20,040 which is less than What the 20,004 90 level, but greater than the
303 |302 |00:29:42 ~-~-> 00:29:47 |20,042 and three quarters level that I posted, also in top steps live stream.
304 |303 |00:29:48 ~-~-> 00:29:55 |So then the market rallies up a little bit further, fails at 509 doesn't go to
305 |304 |00:29:55 ~-~-> 00:30:00 |the 538 level, and falls out of bed precipitously and smashes every. Value
306 |305 |00:30:00 ~-~-> 00:30:04 |that wants to go along and goes into a messy consolidation. I want to talk a
307 |306 |00:30:04 ~-~-> 00:30:11 |little bit briefly before we have the CPI number or PPI number. I apologize. I
308 |307 |00:30:11 ~-~-> 00:30:15 |watch a lot of live streamers that pretend they know what they're talking
309 |308 |00:30:15 ~-~-> 00:30:19 |about. Some of them sell courses and books and whatever. And one of the
310 |309 |00:30:19 ~-~-> 00:30:24 |observations I have is when they try to look at the market, when the market's
311 |310 |00:30:24 ~-~-> 00:30:29 |not predisposed to do anything. And what I mean by that, you hear the terms Power
312 |311 |00:30:29 ~-~-> 00:30:34 |Hour, the last hour trading, whatnot. If you ever see a market that has big news
313 |312 |00:30:35 ~-~-> 00:30:39 |and drivers like the PPI CPI number like we have here on Thursday, yesterday and
314 |313 |00:30:39 ~-~-> 00:30:43 |Friday today, you don't, you don't, you don't want to be trading the last hour
315 |314 |00:30:43 ~-~-> 00:30:48 |on that okay, and you also don't want to see it happen when you do this, when you
316 |315 |00:30:48 ~-~-> 00:30:55 |have the market trade above a high and fail and create a low in a lower low,
317 |316 |00:30:55 ~-~-> 00:30:59 |come back into the range, then consolidate going into the last hour of
318 |317 |00:30:59 ~-~-> 00:31:02 |the day. When you have that you've already done two things. Number one,
319 |318 |00:31:02 ~-~-> 00:31:09 |you've created the high and the low the day, and you've marked the last portion
320 |319 |00:31:09 ~-~-> 00:31:13 |of the pm sessions range. So it's not going to make a lower low than this, and
321 |320 |00:31:13 ~-~-> 00:31:15 |it's not going to make a higher high than this. It's going to consolidate
322 |321 |00:31:15 ~-~-> 00:31:18 |back and forth, and you're going to waste your time sitting there looking at
323 |322 |00:31:18 ~-~-> 00:31:21 |live streamers, hoping it's going to do something when it's not going to do
324 |323 |00:31:21 ~-~-> 00:31:24 |anything at all, because it's you all, because it's being strangled. It's being
325 |324 |00:31:24 ~-~-> 00:31:27 |held in place. It's in a holding pattern, because it's going to build
326 |325 |00:31:27 ~-~-> 00:31:34 |overnight sentiment. Overnight sentiment is here. You're seven o'clock. That's
327 |326 |00:31:34 ~-~-> 00:31:38 |when the market's allowed to trade. See that. That's exactly what I tell you to
328 |327 |00:31:38 ~-~-> 00:31:42 |look at. Start following it at 656 50 is
329 |328 |00:31:44 ~-~-> 00:31:46 |there? The market
330 |329 |00:31:46 ~-~-> 00:31:51 |creates displacement, running what the buy side, then it consolidates all the
331 |330 |00:31:51 ~-~-> 00:31:59 |way through until 10 minutes after 11. And then we have what after taking
332 |331 |00:31:59 ~-~-> 00:32:01 |liquidity here, then it dumps.
333 |332 |00:32:04 ~-~-> 00:32:05 |And now we're
334 |333 |00:32:06 ~-~-> 00:32:14 |ranging ahead of the PPI number, which is where we're at now. So I'm going to
335 |334 |00:32:14 ~-~-> 00:32:14 |use this.
336 |335 |00:32:22 ~-~-> 00:32:30 |Yeah, we'll just stay with the one mantra. I don't need to do anything
337 |336 |00:32:30 ~-~-> 00:32:41 |else. We have one one minute left, and then the PPI will be in here tearing
338 |337 |00:32:41 ~-~-> 00:32:43 |people's faces off. So you want to look at
339 |338 |00:32:48 ~-~-> 00:32:54 |15 minute time frame to get a lay of the land. Meaning, where are the liquidity
340 |339 |00:32:54 ~-~-> 00:33:02 |points? Stops? Where is it smooth? Where is it jagged? Where has it been made
341 |340 |00:33:02 ~-~-> 00:33:02 |jagged?
342 |341 |00:33:08 ~-~-> 00:33:13 |Sticking to the long term bias, yeah, I'm not rolling out the likelihood of it
343 |342 |00:33:13 ~-~-> 00:33:16 |won't go higher, but it went might want to smash down lower again, like
344 |343 |00:33:16 ~-~-> 00:33:22 |yesterday, before the CPI number came out, it went down to go up. But if we
345 |344 |00:33:22 ~-~-> 00:33:25 |didn't have PPI this morning, this would have kept on going, and would have went
346 |345 |00:33:25 ~-~-> 00:33:30 |to 538 and higher yesterday, and we'd probably be opening up above 600 today.
347 |346 |00:33:30 ~-~-> 00:33:35 |But because we have the PPI number here in 10 seconds, don't trade this, folks,
348 |347 |00:33:36 ~-~-> 00:33:37 |because it's going to hurt you if you try. You
349 |348 |00:33:50 ~-~-> 00:33:54 |so already, do you want to trade that? Try to put a demo trade on right now you
350 |349 |00:33:54 ~-~-> 00:34:07 |can't trading view always locks up, which is funny. It's interesting. So
351 |350 |00:34:07 ~-~-> 00:34:12 |they left smooth lows here. Notice that they went down into yesterday's first
352 |351 |00:34:12 ~-~-> 00:34:16 |presented fair value gap, but they left that really too smooth. I
353 |352 |00:34:23 ~-~-> 00:34:38 |i Remember there's a lot of times that the market's going to look like it's
354 |353 |00:34:38 ~-~-> 00:34:41 |given you an opportunity, but that opportunity is it correctly disguised
355 |354 |00:34:41 ~-~-> 00:34:47 |impossibility, and knowing when those conditions are being laid before you as
356 |355 |00:34:47 ~-~-> 00:34:52 |a snare, as a trap to entice you to do something that you're probably not going
357 |356 |00:34:52 ~-~-> 00:34:58 |to be successful in finding profits or avoiding larger losses, and you're
358 |357 |00:34:58 ~-~-> 00:35:04 |willing to assume you. Knowing that condition ahead of time is paramount to
359 |358 |00:35:04 ~-~-> 00:35:09 |learning how to trade with good entries or tight stop losses, because you can
360 |359 |00:35:09 ~-~-> 00:35:14 |make all the money doing that, but then lose your mind trading in a day like
361 |360 |00:35:14 ~-~-> 00:35:18 |this, when when the report is due out, and if you don't know what the economic
362 |361 |00:35:18 ~-~-> 00:35:22 |calendar is suggesting, it's what I'm suggesting it's what's going to happen
363 |362 |00:35:22 ~-~-> 00:35:30 |at 830 you're you're investing your money without understanding the risks.
364 |363 |00:35:30 ~-~-> 00:35:38 |You have no idea what you're doing. So it's, it's remarkable seeing how many
365 |364 |00:35:38 ~-~-> 00:35:41 |people out here pretending to be teachers and mentors, and they don't
366 |365 |00:35:41 ~-~-> 00:35:48 |even refer or confer with the calendar with their students. It's just a
367 |366 |00:35:48 ~-~-> 00:35:50 |testimony that people out here should not be teaching. I
368 |367 |00:36:14 ~-~-> 00:36:19 |my landscapers are here, so I apologize if you end up here. Now it's nothing I
369 |368 |00:36:19 ~-~-> 00:36:21 |can Do about that. Sorry. Do
370 |369 |00:37:15 ~-~-> 00:37:19 |as a reminder, I'm whenever I'm looking at a PD array, or if I'm looking at a
371 |370 |00:37:19 ~-~-> 00:37:24 |reason to get into a trade. I'm looking at not just one thing. I'm not looking
372 |371 |00:37:24 ~-~-> 00:37:30 |at just one specific PD rate, not one fair value gap. I'm not looking at one
373 |372 |00:37:30 ~-~-> 00:37:36 |order block. I'm looking at three I'm looking at three things, three things
374 |373 |00:37:36 ~-~-> 00:37:40 |have to agree. You know, I'm not even referring to ton price either. I'm
375 |374 |00:37:40 ~-~-> 00:37:46 |talking about three things technically, that's inside a idea behind me taking an
376 |375 |00:37:46 ~-~-> 00:37:50 |entry, if it's just me simply seeing an order block or a fair value cap, and I
377 |376 |00:37:50 ~-~-> 00:37:55 |want to be long and buying a down close candle buying and of itself is not an
378 |377 |00:37:55 ~-~-> 00:38:00 |order block, just as much as you might want to refer to an area where it can
379 |378 |00:38:00 ~-~-> 00:38:04 |say, consolidates and then rallies up. That's not a that's not a demand zone,
380 |379 |00:38:04 ~-~-> 00:38:08 |okay? If you want to look at demand zones and supply zones, I don't do that,
381 |380 |00:38:09 ~-~-> 00:38:15 |but there are things that have to be linked in close proximity to that very
382 |381 |00:38:15 ~-~-> 00:38:20 |PD array. So if I'm trading a fair value gap, it's going to be inside of a larger
383 |382 |00:38:20 ~-~-> 00:38:25 |order block, which is after taking a pool of liquidity. And if I'm bullish,
384 |383 |00:38:25 ~-~-> 00:38:32 |it should be below a previous low. So now I'm absorbing like smart money that
385 |384 |00:38:32 ~-~-> 00:38:35 |sells high liquidity. So I'm accumulating the cell stops for the
386 |385 |00:38:36 ~-~-> 00:38:41 |Express purposes of using it as a mechanism to be net long. So I'm looking
387 |386 |00:38:41 ~-~-> 00:38:45 |for three things to agree, and that's why it's important that you just don't
388 |387 |00:38:45 ~-~-> 00:38:49 |listen to somebody make a video about here's an order block, ICT. Order block.
389 |388 |00:38:49 ~-~-> 00:38:53 |Here, find the right fair value gap. I found the secret to ICT. Fair Value
390 |389 |00:38:53 ~-~-> 00:38:57 |gaps. You don't even know what you're talking about, but if you look at the
391 |390 |00:38:58 ~-~-> 00:39:05 |patterns that I show in my executions, not patterns. If you look at the points
392 |391 |00:39:05 ~-~-> 00:39:10 |of entries, go through your charts and study, you'll see that it's not just
393 |392 |00:39:10 ~-~-> 00:39:13 |that fair value gap I'm entering on. It's not just that order block. It's not
394 |393 |00:39:13 ~-~-> 00:39:18 |that just that breaker that I'm using. There's two other things there at
395 |394 |00:39:18 ~-~-> 00:39:23 |minimum, and if you don't have those three things for your entry. Chances are
396 |395 |00:39:23 ~-~-> 00:39:28 |you have a very low probability entry. And yet it goes along the same lines of
397 |396 |00:39:28 ~-~-> 00:39:32 |these Jack legs that are watch what I'm doing, or to watch a video, or they're
398 |397 |00:39:32 ~-~-> 00:39:39 |watching annotate something, and it goes through it, not realizing that the fact
399 |398 |00:39:39 ~-~-> 00:39:44 |that I'm looking at that is a measure of the real interest for the market to want
400 |399 |00:39:44 ~-~-> 00:39:49 |to reprice higher or lower. I'm not always going in inside of a fair value
401 |400 |00:39:49 ~-~-> 00:39:53 |gap. Just because I'm highlighting that range, I'm anticipating it behaving a
402 |401 |00:39:53 ~-~-> 00:39:57 |specific way, having a characteristic behind it. And there's other things
403 |402 |00:39:57 ~-~-> 00:40:01 |that's along the same premise that. Makes me bullish or bearish, and I'm
404 |403 |00:40:01 ~-~-> 00:40:04 |waiting for those things to come in agreement with at the same time. So your
405 |404 |00:40:04 ~-~-> 00:40:08 |entry mechanism has to have, if it's going to be high probability, it needs,
406 |405 |00:40:08 ~-~-> 00:40:15 |number one, have the the signatures that the market is, in fact, not being
407 |406 |00:40:15 ~-~-> 00:40:19 |intervened. There's there's precision, there's elements that it's booking price
408 |407 |00:40:20 ~-~-> 00:40:24 |with the bodies inside of the PD arrays, the wicks can color outside the lines.
409 |408 |00:40:24 ~-~-> 00:40:28 |That's always a given. But are the bodies still supporting the narrative
410 |409 |00:40:28 ~-~-> 00:40:32 |that the price should be going higher or lower? But then you're also looking for
411 |410 |00:40:33 ~-~-> 00:40:38 |two other contributing factors to why that price entry should be considered at
412 |411 |00:40:38 ~-~-> 00:40:46 |all, a fair value gap, inside of a bullish breaker, after it's taken a
413 |412 |00:40:46 ~-~-> 00:40:51 |smaller short term swing, low out, what's below the swing? Low sell side.
414 |413 |00:40:51 ~-~-> 00:40:55 |You're inside of a bullish breaker and you're inside of a fair value gap. So
415 |414 |00:40:55 ~-~-> 00:41:00 |you have three things there that makes that an enormous probability for price
416 |415 |00:41:00 ~-~-> 00:41:05 |not to go lower, but, in fact, go higher. So there's a lot of blending of
417 |416 |00:41:05 ~-~-> 00:41:08 |things that has to happen. That's why it's important. You have to start with
418 |417 |00:41:08 ~-~-> 00:41:11 |just one. PDA, right? Just start with one of them. And then when you go
419 |418 |00:41:11 ~-~-> 00:41:16 |through your annotations and you back test, you want to be able to see, excuse
420 |419 |00:41:16 ~-~-> 00:41:21 |me, you want to be able to see if there's a confluence or an agreement
421 |420 |00:41:21 ~-~-> 00:41:27 |with other PD arrays that would be similar in the idea that would send
422 |421 |00:41:27 ~-~-> 00:41:36 |price higher or lower anti general area in proximity. So notice that we, we
423 |422 |00:41:36 ~-~-> 00:41:41 |opened traded down into yesterday's first presented fair value gap. Excuse
424 |423 |00:41:41 ~-~-> 00:41:41 |me,
425 |424 |00:41:42 ~-~-> 00:41:50 |I yesterday's
426 |425 |00:41:50 ~-~-> 00:41:54 |first presenter, fair value gap, leaving the relative equal lows here, it rallies
427 |426 |00:41:54 ~-~-> 00:41:58 |up to the low of that daily city. Notice it hit that there? You know, look at the
428 |427 |00:41:58 ~-~-> 00:42:06 |reaction. Why would price want to go from here and go higher without taking
429 |428 |00:42:06 ~-~-> 00:42:09 |out the sell side first, even if it wants to go higher, why would it? Why
430 |429 |00:42:09 ~-~-> 00:42:13 |would it want to do that? I would not use like, for instance, like consequence
431 |430 |00:42:13 ~-~-> 00:42:17 |here. Like, if this would have traded down below and came out and created this
432 |431 |00:42:17 ~-~-> 00:42:23 |scenario, I would be trying to go long inside consequence here, but it has not
433 |432 |00:42:23 ~-~-> 00:42:28 |done that. It's left the sell side. So it's more likely that the market will
434 |433 |00:42:28 ~-~-> 00:42:31 |want to come down here and disturb all this. This is all unfinished business
435 |434 |00:42:31 ~-~-> 00:42:38 |here. This is on a high impact news driver, no less. It drops down and stops
436 |435 |00:42:38 ~-~-> 00:42:43 |in yesterday's perfectly to the low of yesterday's first presented fair value
437 |436 |00:42:43 ~-~-> 00:42:47 |gap. What's the price of the low amount fair value got yesterday? It's 20,003
438 |437 |00:42:47 ~-~-> 00:42:52 |64.75 what's the low of this candle you're looking up here?
439 |438 |00:43:01 ~-~-> 00:43:09 |365, even so it's one tick away from the low. So why wasn't the buying selling
440 |439 |00:43:09 ~-~-> 00:43:13 |pressure sufficient enough in there to, at least to upset these these lows?
441 |440 |00:43:13 ~-~-> 00:43:20 |Because this is all enticing people to do what, chase it which direction, long.
442 |441 |00:43:20 ~-~-> 00:43:24 |So if that's the case, if they want to be going long, where would they put
443 |442 |00:43:24 ~-~-> 00:43:27 |their protective cell stops? Because if you're long, going to use a cell stop to
444 |443 |00:43:27 ~-~-> 00:43:32 |protect that position, where would they dog pile all that sell side liquidity
445 |444 |00:43:33 ~-~-> 00:43:34 |right below here. I'm
446 |445 |00:44:04 ~-~-> 00:44:05 |thanks for playing
447 |446 |00:44:10 ~-~-> 00:44:17 |now in this price run here, if we take that from here, here, my Puppy's snoring
448 |447 |00:44:18 ~-~-> 00:44:27 |scale. So we're going to look at this price range in here, and we're not going
449 |448 |00:44:28 ~-~-> 00:44:37 |to do that all right, and then what we'll do is We'll look at it on a 15
450 |449 |00:44:37 ~-~-> 00:44:38 |second chart. I'm
451 |450 |00:44:47 ~-~-> 00:44:52 |so now watch my 15 second chart. It trades up into the low of the daily city
452 |451 |00:44:52 ~-~-> 00:44:56 |and then creates one more high into it, and then it gives up the ghost and
453 |452 |00:44:56 ~-~-> 00:45:03 |trades down this high. Is met by a higher high. There the low in between.
454 |453 |00:45:03 ~-~-> 00:45:08 |And here is your breaker. This candlestick trades up into it. This
455 |454 |00:45:08 ~-~-> 00:45:15 |candlestick trades up into it. So this breaker is being capitalized. You can
456 |455 |00:45:15 ~-~-> 00:45:23 |short anticipate what the sell side annotated. The market breaks down in
457 |456 |00:45:23 ~-~-> 00:45:28 |every single instance that it creates an up close candle. You want to measure
458 |457 |00:45:29 ~-~-> 00:45:40 |this. Watch this. This is your breaker here. So let's take that first volume
459 |458 |00:45:40 ~-~-> 00:45:45 |imbalance, it redelivers to that and to the breaker low. It's the low candle
460 |459 |00:45:45 ~-~-> 00:45:49 |done down, close candle prior to the run up that takes out the high. That's your
461 |460 |00:45:49 ~-~-> 00:45:56 |breaker. It is not this. It's this. The market trades out to it. Deliveries
462 |461 |00:45:56 ~-~-> 00:46:02 |perfect, breaks lower. And then, if you're right, if you anticipate the
463 |462 |00:46:02 ~-~-> 00:46:09 |market doing what going lower to sell side, which is below that low here, and
464 |463 |00:46:09 ~-~-> 00:46:14 |that's your yesterday's first presented, favorite value gap and relative equal
465 |464 |00:46:14 ~-~-> 00:46:19 |lows that it formed this morning. All this in here. That's what this drop in
466 |465 |00:46:19 ~-~-> 00:46:26 |here was, watch how you can track institutional order flow. You do not
467 |466 |00:46:26 ~-~-> 00:46:30 |need level two data. Okay? You don't need any of that DOM stuff. You don't
468 |467 |00:46:30 ~-~-> 00:46:34 |need volume profile. You don't need V while you don't need any that stock
469 |468 |00:46:36 ~-~-> 00:46:43 |every up close. Candle is a delimiter for where price should not go above. So
470 |469 |00:46:43 ~-~-> 00:46:48 |here's an up close candle. The market leaves it and goes below this
471 |470 |00:46:48 ~-~-> 00:46:53 |candlesticks opening price, which is the change in the state of delivery. That
472 |471 |00:46:53 ~-~-> 00:46:58 |means that the market can trade inside of this range, full range. So it looks
473 |472 |00:46:58 ~-~-> 00:47:09 |like this. Excellent. Okay. That candle in a second there. So inside that area
474 |473 |00:47:09 ~-~-> 00:47:14 |there, you're going to see the order block doing its job. The algorithms
475 |474 |00:47:14 ~-~-> 00:47:19 |referring back to this candlesticks opening price. So it can trade inside
476 |475 |00:47:19 ~-~-> 00:47:23 |that range like it does here, but it does not take out its high the market
477 |476 |00:47:23 ~-~-> 00:47:26 |goes up into it. The bodies are respecting the body of that candlestick.
478 |477 |00:47:27 ~-~-> 00:47:33 |Look at the green candles. Body here to that candle that that one goes up, but
479 |478 |00:47:33 ~-~-> 00:47:39 |then stops. And then we see the same thing happening here. I apologize you're
480 |479 |00:47:39 ~-~-> 00:47:43 |going to hear that the guys running the mowers in the back. I'm in my living
481 |480 |00:47:43 ~-~-> 00:47:50 |room. So my life isn't with me right now. She's out and about. So same thing
482 |481 |00:47:50 ~-~-> 00:47:55 |here. The market trades down below, so it validates what that's the change in
483 |482 |00:47:55 ~-~-> 00:47:59 |the state delivery opening price, and the candle opens here, and then quickly
484 |483 |00:47:59 ~-~-> 00:48:04 |what leaves it. So order flow is bearish. All the green candles are up
485 |484 |00:48:04 ~-~-> 00:48:10 |close. Candles are doing what they're they're limiting the delivery on price
486 |485 |00:48:10 ~-~-> 00:48:15 |to the upside, keeping everything focused on sell side delivery. Sell side
487 |486 |00:48:15 ~-~-> 00:48:21 |delivery continues until sell side liquidity is engaged, which is that low
488 |487 |00:48:21 ~-~-> 00:48:27 |down here, which it trace down to here, which I was telling you up here when it
489 |488 |00:48:27 ~-~-> 00:48:30 |was doing. Go back in my selection, you'll see that's the case, and it's the
490 |489 |00:48:30 ~-~-> 00:48:36 |truth. And the market does what it starts to displace, stays heavy. And the
491 |490 |00:48:36 ~-~-> 00:48:40 |same thing we see up close candle so we can still track order flow, no depth of
492 |491 |00:48:40 ~-~-> 00:48:45 |market. We're not looking at border ladders. I'm not looking at, you know,
493 |492 |00:48:46 ~-~-> 00:48:50 |market map. What's it called? Book map. We don't need any stuff. None of that
494 |493 |00:48:50 ~-~-> 00:48:54 |stuff is required. Everything in the open, high, low and close and time. So
495 |494 |00:48:54 ~-~-> 00:49:03 |here's that candlestick. Here. Watch, Here's your order block. You the candle
496 |495 |00:49:03 ~-~-> 00:49:08 |can do what can trade inside the range? Does it leave the upper portion open?
497 |496 |00:49:08 ~-~-> 00:49:13 |Yes, and it rolls out. This candle stick does the same thing here. This change in
498 |497 |00:49:13 ~-~-> 00:49:17 |the state of delivery, that opening price. That's your trigger. Same method.
499 |498 |00:49:17 ~-~-> 00:49:28 |Get that off. I'm off every price run. When you're looking at price rallying
500 |499 |00:49:28 ~-~-> 00:49:31 |higher or lower, this is what you're supposed to be doing. You're just going
501 |500 |00:49:31 ~-~-> 00:49:34 |to reverse it when it's going higher every down closed candle should be
502 |501 |00:49:34 ~-~-> 00:49:39 |performing like this. We have a change in state delivery here, the candle opens
503 |502 |00:49:39 ~-~-> 00:49:43 |up on this one here, it trades up a little bit, but stays what inside the
504 |503 |00:49:43 ~-~-> 00:49:49 |range of this candlestick. And it does what. It stays in the lower half. It
505 |504 |00:49:49 ~-~-> 00:49:56 |does not trade or traverse to the other half or up part of it stops that in its
506 |505 |00:49:56 ~-~-> 00:50:01 |tracks, breaks lower. Same thing here I'm. Not going to keep painting them
507 |506 |00:50:01 ~-~-> 00:50:04 |out. This is a small one. And then finally, it just does the same thing,
508 |507 |00:50:04 ~-~-> 00:50:07 |delivers down to the cell. Sign of annotated. Okay, so what am I saying
509 |508 |00:50:07 ~-~-> 00:50:14 |here? High frequency trading algorithms are entering on this low, but they're
510 |509 |00:50:14 ~-~-> 00:50:18 |trading above the high here. Then when it breaks down, they're trading short
511 |510 |00:50:18 ~-~-> 00:50:22 |here, trading short in here, they're trading short rating on that candles the
512 |511 |00:50:22 ~-~-> 00:50:26 |opening. And they're when it starts to do this, they cannot, they cannot enter
513 |512 |00:50:26 ~-~-> 00:50:32 |anymore. Why? Because you're leaving the premium aspect of that range that
514 |513 |00:50:32 ~-~-> 00:50:37 |they're they're firing on. That's half of the move between this low and then
515 |514 |00:50:37 ~-~-> 00:50:40 |high, which is the reason why, when I'm pyramiding, I'm only pyramiding when I'm
516 |515 |00:50:40 ~-~-> 00:50:43 |short, in the upper half, and once it starts to displace, like this, it's
517 |516 |00:50:43 ~-~-> 00:50:48 |breaching, it's breaching the lower half. So half of that range from where
518 |517 |00:50:48 ~-~-> 00:50:52 |you're targeting and where you're seeing the beginning or inception of the mood.
519 |518 |00:50:52 ~-~-> 00:50:56 |You have to define premium to discount. I saw young me on youtube talking about
520 |519 |00:50:56 ~-~-> 00:51:00 |how there's no premium and discount. Again, stop listening to these 20 year
521 |520 |00:51:00 ~-~-> 00:51:03 |olds. They literally don't know what they're talking about. Okay? They find
522 |521 |00:51:03 ~-~-> 00:51:06 |something in Market Replay, or they done something on a flip of a coin, and they
523 |522 |00:51:06 ~-~-> 00:51:12 |think they now have a new science, only short and premium, only pyramid when
524 |523 |00:51:12 ~-~-> 00:51:17 |you're in premium and when it enters the discount of a short sell side delivery,
525 |524 |00:51:19 ~-~-> 00:51:24 |know what it's reaching for when it gets it, get out, follow order flow, as I'm
526 |525 |00:51:24 ~-~-> 00:51:29 |teaching you here. Down here, the high frequency trading algorithms are not
527 |526 |00:51:29 ~-~-> 00:51:34 |entering on this. They're seeing that this is the last one prior to that load
528 |527 |00:51:34 ~-~-> 00:51:38 |being taken. So they're going to anticipate what speed they're going to
529 |528 |00:51:38 ~-~-> 00:51:43 |anticipate, speed and delivery. And it means you see this, they don't want to
530 |529 |00:51:43 ~-~-> 00:51:47 |let these individuals off the hook, so the algorithm quickly read books down
531 |530 |00:51:47 ~-~-> 00:51:53 |there as fast as it can. And that's real order flow. That's real order flow.
532 |531 |00:51:53 ~-~-> 00:51:57 |There's no depth of market over here. There's no volume profile required, no v
533 |532 |00:51:57 ~-~-> 00:52:02 |while, no point of control, no initial balance high, no initial balance low, no
534 |533 |00:52:02 ~-~-> 00:52:06 |overnight inventory. All that stuff is Grade A bullshit. It's bullshit. Okay.
535 |534 |00:52:07 ~-~-> 00:52:11 |It makes it sound like you know what you're talking about. But if it worked,
536 |535 |00:52:11 ~-~-> 00:52:14 |people will be constantly doing what I'm doing, outlining it to the tech, and
537 |536 |00:52:14 ~-~-> 00:52:17 |you're not seeing that, but they'll explain it. Here's how it worked. Over
538 |537 |00:52:17 ~-~-> 00:52:24 |here, no explain it. Real time, real time, flawlessly, consistently, over and
539 |538 |00:52:24 ~-~-> 00:52:28 |over and over again, then you might have somebody that can listen to you and
540 |539 |00:52:28 ~-~-> 00:52:36 |subscribe to your bullshit, but until then, it's all nonsense. So anyway, I am
541 |540 |00:52:36 ~-~-> 00:52:40 |not feeling well, so I'm going to use this as an exit to get out of here and
542 |541 |00:52:40 ~-~-> 00:52:44 |go get some rest. Be careful. Today, it's Friday. There's no reason for you
543 |542 |00:52:44 ~-~-> 00:52:47 |to go out here and try to prove yourself. There's no reason for you try
544 |543 |00:52:47 ~-~-> 00:52:50 |to make money if you haven't made money on the date or the week. Just be content
545 |544 |00:52:50 ~-~-> 00:52:55 |with what you have. Lick your wounds. If it's a loss, cheerlead yourself. You
546 |545 |00:52:55 ~-~-> 00:52:59 |know, if it's a win, be content. There's nothing exciting about today. Just
547 |546 |00:52:59 ~-~-> 00:53:06 |relax. And if you are going to watch, it just tapered until talk to you next
548 |547 |00:53:06 ~-~-> 00:53:07 |time. Be safe. You.