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ICT YT - 2024-10-18 - Gallow Review

Last modified by Drunk Monkey on 2024-10-21 09:33
1 00:00:00 --> 00:00:18 ICT: Hi. Good morning, folks. I'm not sure what's going on with YouTube, but
2 00:00:18 --> 00:00:24 you probably noticed there's a lot of issues with the volume during my live
3 00:00:24 --> 00:00:29 streams. You probably noticed that the live stream that I was doing last night
4 00:00:29 --> 00:00:39 was abruptly stopped. I didn't stop it. I actually spoke for another 35 minutes
5 00:00:39 --> 00:00:46 or so, and wasn't aware that the stream had stopped. So this this video is more
6 00:00:46 --> 00:00:51 or less a continuation of last night's live stream. I had a good rhythm last
7 00:00:51 --> 00:00:56 night, and I was covering a lot of things that I was very pleased with in
8 00:00:57 --> 00:01:02 the presentation, but unfortunately, the stream was abruptly cut off. I don't
9 00:01:02 --> 00:01:08 know why I did it, but I find it odd that I'm having a lot of trouble
10 00:01:08 --> 00:01:13 broadcasting these things, so I'm going to do it as a pre recorded video and see
11 00:01:13 --> 00:01:17 how that works out. I started the stream last night, kind of like reminding you
12 00:01:17 --> 00:01:22 to watch yesterday's live stream, and I went through several things about
13 00:01:22 --> 00:01:27 narrative, what I want to see, what I didn't want to see, for the opening
14 00:01:27 --> 00:01:37 bell, and how that daily range would be delivered or implemented. This is our
15 00:01:37 --> 00:01:45 regular trading hours chart. 930 opening bell, yesterday, 414 settlement,
16 00:01:45 --> 00:01:54 previous day, regular trading hours, opening range gap. Okay. So if we don't
17 00:01:54 --> 00:01:59 look at the annotations, it can be rather aimless looking at price action.
18 00:01:59 --> 00:02:08 So I'm going to add the annotations. Okay, you can see all these things here.
19 00:02:09 --> 00:02:14 And yesterday in live stream during the morning session, I mentioned one of the
20 00:02:14 --> 00:02:19 things about the narrative of the opening bell before I left the live
21 00:02:19 --> 00:02:25 stream, it was not 930 so I didn't have the 930 opening price. I didn't know
22 00:02:25 --> 00:02:30 what the full opening range gap would be and where it's consequent encroachment.
23 00:02:30 --> 00:02:36 So as it is, you can see that this is the midpoint or consequence encroachment
24 00:02:36 --> 00:02:42 of the opening range gap. Gap low previous day settlement at 414, opening
25 00:02:42 --> 00:02:51 price at 930 that's your gap. Upper quadrant, consequent encroachment, lower
26 00:02:51 --> 00:03:01 quadrant and the low I mentioned, 620,600 if it was to trade up to that
27 00:03:02 --> 00:03:07 yesterday before we got to the opening bell at 930 then I felt that we would
28 00:03:07 --> 00:03:12 trade to these levels here on the Judas and then sell off. But I said, if we
29 00:03:12 --> 00:03:19 didn't do a run above 600 what will happen is it'll just sell off and go to
30 00:03:19 --> 00:03:24 consequent encroachment of the opening range gap, or as much as three quarters.
31 00:03:25 --> 00:03:28 Best case scenario would be full gap closure. But these are the two levels I
32 00:03:28 --> 00:03:34 talked about, because we didn't go above 20,600 you're welcome to go back and
33 00:03:34 --> 00:03:38 listen to the live stream yesterday. It's not long. It's really short, and
34 00:03:38 --> 00:03:42 you'll hear me outline very specific scenarios that I would anticipate and
35 00:03:42 --> 00:03:47 utilize. So I want to go into electronic trading hours. Alright, so here's
36 00:03:47 --> 00:03:54 electronic trading hours. And I counseled you last year on on Twitter,
37 00:03:54 --> 00:04:00 in my Twitter spaces, I taught a concept of first present the fair value gap on
38 00:04:00 --> 00:04:06 Monday. So the fair value gap that forms after the opening bell at 930 eastern
39 00:04:06 --> 00:04:12 time on Monday, that first one minute fair value gap, you need to extend that
40 00:04:12 --> 00:04:16 throughout the entirety of the week, because it's going to give you intel
41 00:04:16 --> 00:04:20 that you never noticed before. And that was the basis for me looking at the
42 00:04:20 --> 00:04:26 20,600 level, because if we were going to trade up to and above that 20,600
43 00:04:27 --> 00:04:31 then it most likely will come back down and touch that Monday first percent of
44 00:04:31 --> 00:04:35 fair value gap, and use it as an inversion fair value gap. And that would
45 00:04:35 --> 00:04:39 be the catalyst for the due to swing up into these levels, as I indicated
46 00:04:39 --> 00:04:43 yesterday in the live stream. But because it didn't do that, I said that
47 00:04:43 --> 00:04:50 we would sell off and attack the sell side below here, trade into this gap and
48 00:04:50 --> 00:04:57 then consequent encroachment, or lower quadrant of the opening range, gap, best
49 00:04:57 --> 00:05:05 case, full gap closure. So. So you can see how we used the sell off in here.
50 00:05:05 --> 00:05:09 This was our first presented fair value gap. This candlestick right there. It's
51 00:05:09 --> 00:05:15 at 933 there is no gap prior to that, until you get to 930 and 930 is not the
52 00:05:15 --> 00:05:19 candle that you use for first presented fair value gap. So you can't use the 930
53 00:05:19 --> 00:05:25 candle. I'm going to talk about this over here in a moment, but I want you to
54 00:05:25 --> 00:05:29 see how we traded down through consequent crochet of the opening range.
55 00:05:29 --> 00:05:34 Gap failed to get to the lower quadrant level, came back up, traded into the gap
56 00:05:34 --> 00:05:40 that I mentioned would be impactful, and acted as inversion. Fairbank out here,
57 00:05:40 --> 00:05:44 trade it back down. Use the consequent encroachment level here as a
58 00:05:45 --> 00:05:49 institutional order flow entry. Drill short, trading below the short term.
59 00:05:49 --> 00:05:53 Swing Low where sell side would be trading to the lower quadrant of the
60 00:05:53 --> 00:05:58 opening range. Gap, back to consequent encroachment. Purple Line breaking down,
61 00:05:58 --> 00:06:03 fair value gap. Sell off here. Target the relative equal lows. Each time it
62 00:06:03 --> 00:06:07 makes a new lower low, you'd be taking a partial. It didn't take the low out
63 00:06:07 --> 00:06:13 here, but that's okay. And Caleb would have used this right there as his short,
64 00:06:14 --> 00:06:19 targeting each one of these lows as a potential closure on his trade. Using
65 00:06:19 --> 00:06:24 this as a draw at 11 o'clock, you'd have to stop trading. There it is between
66 00:06:24 --> 00:06:29 1030 and 1130 that is the lunchtime macro. The algorithm will start turning
67 00:06:29 --> 00:06:33 back against the positions that are on side. That means, if the market's been
68 00:06:33 --> 00:06:37 dropping, as you can see here, it's going to go back through where all the
69 00:06:37 --> 00:06:41 swing highs are, and it's going to aim for the buy side liquidity. It does not
70 00:06:41 --> 00:06:45 know how many orders are sitting above it. You don't need your book map or
71 00:06:45 --> 00:06:51 anything like that. It's just simply going to go to those highs, okay? The
72 00:06:51 --> 00:06:54 market rallies up, trades into a fair value gap here and a bullish breaker.
73 00:06:54 --> 00:07:00 That's your breaker, right there trades to it there, rallies fairway gap there.
74 00:07:00 --> 00:07:04 That's an entry that's an entry institution or for entry drill there
75 00:07:05 --> 00:07:11 rallies, comes back to the consequent encroachment, or midpoint of the opening
76 00:07:11 --> 00:07:15 range gap, that purple level it accumulates around that rallies, order
77 00:07:15 --> 00:07:20 block runs right into first potential fair pay gap. That's a pink box here,
78 00:07:21 --> 00:07:24 but if I take that away, just know that it's trading up into that and then
79 00:07:25 --> 00:07:28 failing to get to its constant encroachment level, which is this dotted
80 00:07:28 --> 00:07:32 line here, and then falls out of bed and works lower back down to consequent
81 00:07:32 --> 00:07:35 encroachment. I'm going to take the first present to fair value gap all for
82 00:07:35 --> 00:07:39 a second, and I'll remind you that yesterday, during the live stream at 830
83 00:07:40 --> 00:07:44 I was drawing your attention to both of these volume imbalances. We trade up
84 00:07:44 --> 00:07:47 into the higher one perfectly right
85 00:07:56 --> 00:08:00 to consequent encouragement, but notice the bodies are staying inside the lower
86 00:08:00 --> 00:08:06 volume imbalance. That's not random, okay, so the market trades up into our
87 00:08:06 --> 00:08:09 first percentage fair value gap. It's high, but it's also consequent
88 00:08:09 --> 00:08:12 correction of the higher volume imbalance I gave you yesterday during
89 00:08:12 --> 00:08:17 the live stream. The bodies are staying inside the lower volume imbalance. So is
90 00:08:17 --> 00:08:21 that indicating bullishness or bearishness? It's bearishness. So it
91 00:08:21 --> 00:08:24 breaks lower, comes back up into consequent correction of the lower
92 00:08:24 --> 00:08:28 volume imbalance. And they're they're shaded orange now because their roles
93 00:08:28 --> 00:08:33 are reversing and acting as a premium array. So it breaks lower, and then it
94 00:08:33 --> 00:08:37 consolidates around that fair value gap I mentioned that we would probably drop
95 00:08:37 --> 00:08:40 down into yesterday morning before it did, and it's acting as an inversion
96 00:08:40 --> 00:08:45 fair value gap here, treating as a premium right here, failing to touch it
97 00:08:45 --> 00:08:50 there, sells off to consequence of the opening range gap. And then it uses it
98 00:08:50 --> 00:08:56 once more here in the afternoon, between 130 and two o'clock, and sells off
99 00:08:56 --> 00:09:03 institutional or full entry drill there, fair value gap there, breaks the
100 00:09:03 --> 00:09:11 constant encroachment of the opening range gap down to lower quadrant of the
101 00:09:11 --> 00:09:21 opening range gap. Sell side below these lows, it tags it and then it leaves the
102 00:09:21 --> 00:09:26 rabbit trading hours with these relative equal lows, which later on in Asia. You
103 00:09:26 --> 00:09:33 can see that they use the sell off here down into a full back closure there. So
104 00:09:35 --> 00:09:40 I want to talk to you about what I used over here in the live stream yesterday
105 00:09:40 --> 00:09:46 morning, where I called your attention to these two specific short term highs
106 00:09:46 --> 00:09:56 on the one minute chart, this high here and this high here. Those are relative
107 00:09:56 --> 00:09:59 equal highs during the live stream. I said, See that wick? That was the E 32
108 00:10:00 --> 00:10:06 News candle. This is manipulation. And I said kind of like for a moment,
109 00:10:06 --> 00:10:11 disregard that. If that didn't exist on the price chart, you would just see
110 00:10:11 --> 00:10:19 relative equal highs right here. And one would assume that if you go up, RAID
111 00:10:19 --> 00:10:23 these relative equal highs and then sell back off into a discount array, or trade
112 00:10:23 --> 00:10:26 down into the gap I outlined over here and clean up some the sell side.
113 00:10:26 --> 00:10:29 Initially, if you listen to the live stream, I wanted to see that. And if
114 00:10:29 --> 00:10:32 that would have happened, then I would have been anticipating the market to go
115 00:10:32 --> 00:10:39 up into first potential fair value gap on Monday and still try to reach for
116 00:10:41 --> 00:10:49 these levels up here, okay, but in context and understanding what it was I
117 00:10:49 --> 00:10:58 was teaching this wick, we can use that by taking a fib, anchoring it to the
118 00:10:58 --> 00:11:02 high of the wick, and dropping it down to The highs, these relative equal
119 00:11:02 --> 00:11:08 highs. You can see that I'm doing that here with the fib. See what I'm doing.
120 00:11:09 --> 00:11:15 I'm only showing the 50% level on that fib. So if I anchor it on this high, you
121 00:11:15 --> 00:11:19 can see the only level I'm showing is the 50% I'm not showing the high and the
122 00:11:19 --> 00:11:26 low, anchoring the points of reference, if you see that there, you see that. So
123 00:11:27 --> 00:11:32 I'm not interested in looking at those levels. My focus was to bring your
124 00:11:32 --> 00:11:38 attention on the midpoint of the range between the relative equal highs to the
125 00:11:38 --> 00:11:43 high the halfway point there. That's consequent encroachment of this specific
126 00:11:43 --> 00:11:50 wick and its range. Normally, you would see me do things like this. I'll take
127 00:11:50 --> 00:11:56 this off and we'll take the FIB and drop it down to the body of that same candle
128 00:11:56 --> 00:11:59 that has that long wick. That's consequent encroachment of the entire
129 00:11:59 --> 00:12:03 wick. Notice it's not giving you the same piece of information that this,
130 00:12:03 --> 00:12:12 these highs here, turning rotating back down shows. So I explained. As we were
131 00:12:12 --> 00:12:18 trading out, I said, Watch this area right here. And this is my Gallo. PD,
132 00:12:18 --> 00:12:35 array, a Gallo Is this okay when a criminal was sentenced to be unalived,
133 00:12:36 --> 00:12:41 the person would be marched up the steps and stand over top of this little area
134 00:12:41 --> 00:12:46 here, which is a trap door. And this platform here represents these two
135 00:12:46 --> 00:12:55 relative equal highs, and this wick here represents the hangman's post, and the
136 00:12:55 --> 00:13:00 noose is right there in consequent crochet. So in theory, this is why I
137 00:13:00 --> 00:13:06 named it the gala. When I was trading towards this wick down here, go back and
138 00:13:06 --> 00:13:10 listen to the live stream. My focus was right here. I said, I want to see it go
139 00:13:10 --> 00:13:16 up here and then fail to go higher and rotate back down lower. It does that
140 00:13:16 --> 00:13:20 notice the bodies are failing to even trade to the consequence level of that
141 00:13:20 --> 00:13:23 wick between the tie and the relative equal highs. Now I know some of this is
142 00:13:23 --> 00:13:27 probably, you know, this is, this is too complicated. It's really not
143 00:13:27 --> 00:13:33 complicated. What I'm using is the idea of these inefficiencies that are wicks.
144 00:13:33 --> 00:13:36 And I'm showing you exactly where the algorithm is going to refer to. And I
145 00:13:36 --> 00:13:40 did this live before it actually delivered like this. I outlined why it
146 00:13:40 --> 00:13:44 would do it, and the bodies are respecting the fact that it doesn't even
147 00:13:44 --> 00:13:49 trade on it. The wicks are allowed to go through it. But then the bodies rotate
148 00:13:49 --> 00:13:52 lower and trade right back down into that volume of balance, and then they
149 00:13:52 --> 00:13:58 send it higher. So a Gallow is where this trap door springs away, and the
150 00:13:58 --> 00:14:04 person that has their head in that news, they fall. Well, once they put the price
151 00:14:04 --> 00:14:09 in its noose, right there a consequent encroachment, they drop the platform
152 00:14:09 --> 00:14:13 that supports it here and trades back down. That's the reason why I call it
153 00:14:13 --> 00:14:24 the gala, okay, proving a point yesterday that, um, they are usable
154 00:14:24 --> 00:14:30 reference points. The algorithm will absolutely have an interest in booking
155 00:14:30 --> 00:14:37 price to this same level. I was watching the sell off here, and admittedly, I was
156 00:14:37 --> 00:14:40 distracted with my wife. She was asking me, I'll redo some things around nails.
157 00:14:40 --> 00:14:46 So I started the recording, and I managed the entry on my phone, but I was
158 00:14:46 --> 00:14:50 timing it as it gets right back to that price level right there. And you'll see
159 00:14:50 --> 00:15:02 that happening when I add the executions. I'm. Uh, here's your
160 00:15:02 --> 00:15:09 candlestick where it opens and trades back up into that level, right there.
161 00:15:09 --> 00:15:14 Okay, right there. Now you can see my entry is it's just a little bit away
162 00:15:14 --> 00:15:18 from it, because it opened jumped up there real quick, and by the time I
163 00:15:18 --> 00:15:23 pushed the button, it was sitting right there. But that's the premise. Okay, so
164 00:15:23 --> 00:15:27 I was using this basically as initially I was looking for it to trade as a
165 00:15:27 --> 00:15:31 premium rate, which it did. It delivered perfectly, and then it traded back above
166 00:15:31 --> 00:15:36 it, so it left it there. Well, if you're bearish and it comes back down to that
167 00:15:36 --> 00:15:41 level, I can use that as a reclaimed Gala, a reclaimed consequent
168 00:15:41 --> 00:15:46 encroachment of a wick, where this was a premium array. When I'm now in a bearish
169 00:15:46 --> 00:15:50 market condition and sell side delivery is underway. It means we're in a cell
170 00:15:50 --> 00:15:54 program. Price is going to be delivered lower. I can use that same reference
171 00:15:54 --> 00:16:00 point here as a reclaimed entry point. So it's going to act just like I was
172 00:16:00 --> 00:16:06 expecting it over here, it reassums That same role as a premium rate. So I can
173 00:16:06 --> 00:16:12 enter there, and I can use a very, very, very small stop loss. And I coupled it
174 00:16:12 --> 00:16:15 with the fact that we traded right back this candlesticks low, so we open down
175 00:16:15 --> 00:16:20 here. Immediate rebalance with a gala, which is this Wix, consequent
176 00:16:20 --> 00:16:24 encroachment just between these two reference points here, halfway point now
177 00:16:24 --> 00:16:27 you'll never find that in any other resource material, no other mentor is
178 00:16:27 --> 00:16:31 going to draw your attention to that. No other educator, no other teacher, no
179 00:16:31 --> 00:16:36 other trader. Know the books, courses, mentorship, nothing. Nobody from the
180 00:16:36 --> 00:16:40 old, old back golden ages of technical analysis, and nobody relatively new
181 00:16:40 --> 00:16:45 either, but me, and I say those types of things because I get a lot of comments,
182 00:16:45 --> 00:16:50 and I just posted one last night, some goober on YouTube left a comment. I have
183 00:16:50 --> 00:16:55 never studied with Al Brooks. Okay, I have no disrespect intended towards the
184 00:16:55 --> 00:16:59 man. I don't even know who he is, except for Tom, who guard mentioned him as his
185 00:16:59 --> 00:17:03 mentor. And people were starting to say, Well, yeah, you you learn from Al
186 00:17:03 --> 00:17:08 Brooks. So I asked Tom who guard, who was a student of Al Brooks. I said, You
187 00:17:08 --> 00:17:13 see what I'm doing? I share executions with with Tom hugart In telegram. I have
188 00:17:13 --> 00:17:18 had conversations with him, and I asked him, I said, Do you see anything in what
189 00:17:18 --> 00:17:23 I'm doing as Al Brooks material? He is no, absolutely not. And you can go and
190 00:17:23 --> 00:17:27 ask him, be respectful. Don't. Don't bother the man. Okay. But these are
191 00:17:27 --> 00:17:32 things that are just nonsense, and I have openly challenged anyone that is a
192 00:17:32 --> 00:17:36 student of Al Brooks. Find this in the albrooks material. Look at the live
193 00:17:36 --> 00:17:39 streams. Look at the things I'm teaching as a PD array. Look how I'm calling
194 00:17:39 --> 00:17:44 price before it goes there. Look at the aspects of time. All those things are
195 00:17:44 --> 00:17:51 not anything else found in people's work prior to me, and as I'm releasing new
196 00:17:51 --> 00:17:55 things, people are readily going out, and they're writing books on Amazon
197 00:17:55 --> 00:17:58 because they're real fast, easily produced, and they're trying to put it
198 00:17:58 --> 00:18:02 in writing like, like, it's their work. It's not their work, okay? It's mine.
199 00:18:02 --> 00:18:07 And that's the reason why I hold back a lot of stuff, because a lot of the
200 00:18:07 --> 00:18:10 details that make these things work perfectly, I hold them close, because
201 00:18:10 --> 00:18:14 once I put them in book format, then everybody's going to plagiarize them,
202 00:18:14 --> 00:18:17 and they'll sound smart afterwards. But right now, everything they have is
203 00:18:17 --> 00:18:21 incomplete works. They're just introductions, and you can see that
204 00:18:21 --> 00:18:26 because I'm using them in live data, over live stream. I'm explaining why the
205 00:18:26 --> 00:18:29 market should do certain things. None of the quote, unquote, ICT mentors out
206 00:18:29 --> 00:18:33 there that take my content and they make mentorships out of them, they will never
207 00:18:33 --> 00:18:37 be able to duplicate what I just showed you today. They'll never be able to do
208 00:18:37 --> 00:18:41 that, and it's because I have held back certain elements so they can't profit
209 00:18:41 --> 00:18:46 from teaching it until I have solidified it in book form. There's a lot of people
210 00:18:46 --> 00:18:49 that know me because I'm on YouTube. There's a lot of people that know me
211 00:18:49 --> 00:18:55 because my content, my mentorship videos, were leaked and resold. But the
212 00:18:55 --> 00:19:00 community at large, globally, they're not familiar because they if you look at
213 00:19:00 --> 00:19:04 what goes on, they'll say, do you use ICT or do you prefer Smart Money
214 00:19:04 --> 00:19:09 concepts, or SMC? That's my concepts. That's the I am the author of smart
215 00:19:09 --> 00:19:14 money concept that that's me. Okay? These ideas of order blocks, that's not
216 00:19:14 --> 00:19:18 supply and demand. I've ripped at the shreds. Okay, I've ripped the shreds
217 00:19:18 --> 00:19:22 that none of the things I'm teaching you as in white golf either just because a
218 00:19:22 --> 00:19:26 market goes up and then drops back down, that doesn't mean that's why golf. It
219 00:19:26 --> 00:19:29 just means that's what price has done. It's called swing trading, okay, in its
220 00:19:29 --> 00:19:35 bearest form, that's it. But what are you doing inside that price swing? My PD
221 00:19:35 --> 00:19:40 arrays are never found in like off. Go through it. Study it. I invite you to do
222 00:19:40 --> 00:19:44 it, and I'm inviting you to go study Albrook stuff too. Go in everybody
223 00:19:44 --> 00:19:53 else's stuff prior to 1996 okay, you are never, ever, ever gonna find anybody
224 00:19:53 --> 00:19:57 talking about what I'm talking about today. These are all concepts that I
225 00:19:57 --> 00:20:04 codified and were in complete form in 19. 96 between 1992 november 5 and 1992
226 00:20:04 --> 00:20:09 on a Thursday at 9pm when I first started my soiree into trading.
227 00:20:09 --> 00:20:14 Officially, at 14, I was being indoctrinated by my uncle to start
228 00:20:14 --> 00:20:19 looking at the markets, but I wasn't that interested in it. But 1992 november
229 00:20:19 --> 00:20:23 5, Thursday evening at my aunt and uncle's house, who I was paying room and
230 00:20:23 --> 00:20:30 board to live with the time I started studying price and starting starting the
231 00:20:30 --> 00:20:34 the process of being a trader, and I began, I asked that class study of the
232 00:20:34 --> 00:20:38 commodity market, and I rushed into trading with real money before I knew
233 00:20:38 --> 00:20:44 what I was doing. But the lesson I learned initially started this
234 00:20:44 --> 00:20:50 insatiable appetite to master the understanding of what Christ would do,
235 00:20:51 --> 00:21:01 and over a long period of trial and error prayer, I have been gifted the
236 00:21:01 --> 00:21:05 ability to see certain things in price action and create a language where you
237 00:21:05 --> 00:21:08 can see these things that are occurring, and it's not buying and selling
238 00:21:08 --> 00:21:14 pressure. So my opinion is this, okay, I'm getting real close to the things
239 00:21:14 --> 00:21:20 that the powers that be don't want you to know. Where everything is so precise
240 00:21:21 --> 00:21:26 it slaps it in the face. When people run around say, we have a free market. We
241 00:21:26 --> 00:21:29 don't have a free market, and that shouldn't be scary. I'm thankful that we
242 00:21:29 --> 00:21:32 don't have a free market. I'm thankful that it's manipulated. I'm thankful that
243 00:21:32 --> 00:21:36 it's controlled, that it's rigged, because that gives you an advantage.
244 00:21:37 --> 00:21:41 Now, the average person on the street, they would never believe that as an
245 00:21:41 --> 00:21:45 algorithm controlling price, they'll never control the delivery of price rate
246 00:21:45 --> 00:21:48 to the tick. There's no way they can do that. That's what they'll say, because
247 00:21:48 --> 00:21:53 the idea of doing that makes them feel vulnerable, and their systems aren't the
248 00:21:53 --> 00:21:58 real reasons why price goes up and down. Then that means it shatters their their
249 00:21:58 --> 00:22:04 paradigm. So it's it's a comfort bubble they stay in by saying, No, there's no
250 00:22:04 --> 00:22:07 algorithm, no, there's no market makers controlling price. And they'll say
251 00:22:07 --> 00:22:10 market makers are just trying to be delta neutral. Now that's a dealer, and
252 00:22:10 --> 00:22:13 that's why they've been named inappropriately. Market makers, you're
253 00:22:13 --> 00:22:16 not making a market as a dealer. You're dealing in the same price feed that
254 00:22:16 --> 00:22:20 everybody else is dealing in. You're trading in the same thing that I'm
255 00:22:20 --> 00:22:27 trading in every body is using the same price. Speed futures has the same price,
256 00:22:27 --> 00:22:30 the high and the low and open and close. Everybody has that, but you don't have
257 00:22:30 --> 00:22:36 that in forex. Every broker has its own individual high and low. It's open and
258 00:22:36 --> 00:22:40 close, and that's why you're losing money. I left Forex for a reason. It's
259 00:22:40 --> 00:22:46 it's getting dirty in it. In Forex, you're not going to see these pristine
260 00:22:46 --> 00:22:52 deliveries, as you see in futures. Futures is a gentleman's market. Forex
261 00:22:52 --> 00:22:57 was the wild wild west. There was a time when it was great, but there's things
262 00:22:57 --> 00:23:01 shifting globally, and it's all going to be current currency based. I don't want
263 00:23:01 --> 00:23:06 to be a part of that, so I have steered my focus away from them and notice how
264 00:23:07 --> 00:23:16 just I don't know how to explain it, other than just consolidating rangy,
265 00:23:16 --> 00:23:22 it's really not trying to do anything as eventful as index futures has and
266 00:23:22 --> 00:23:25 commodities has and this was my first love. This is where I first learned how
267 00:23:25 --> 00:23:29 to trade in the commodity market. And I moved away from things like orange
268 00:23:29 --> 00:23:33 juice, which was my first trade in the market, and then moved away from live
269 00:23:33 --> 00:23:41 cattle, feeder cattle, pork bellies, all these markets that were agricultural in
270 00:23:41 --> 00:23:48 nature. And then I moved to currency futures, and then the bond futures. And
271 00:23:48 --> 00:23:54 then eventually I said, Well, I'm going to start trading in the s, p5, 100. And
272 00:23:54 --> 00:24:00 then I realized that there are things that I can capitalize on that keep
273 00:24:00 --> 00:24:05 repeating over and over and over again and having an insight like these little
274 00:24:05 --> 00:24:11 surgical strikes in the price action, where you can measure its effectiveness
275 00:24:11 --> 00:24:15 and anticipate its formation. See, that's that's the thing. I want you to
276 00:24:15 --> 00:24:18 understand, that Monday's first presented fair value gap when I told
277 00:24:18 --> 00:24:23 that in a live presentation on Twitter. It was a space on Twitter, meaning why
278 00:24:23 --> 00:24:27 this? Talked for hours. I tuck these little secrets inside of long winded
279 00:24:27 --> 00:24:31 discussions because I don't want to give it to the lazy people. The lazy people.
280 00:24:31 --> 00:24:34 They rebrand it, and they make mentorships, and they talk about things
281 00:24:34 --> 00:24:38 in hindsight they can never go out here in front of you, live, explained
282 00:24:38 --> 00:24:44 beforehand, with accuracy and clarity what they're supposed to know. There's a
283 00:24:44 --> 00:24:48 lot of ICT, quote, unquote, mentors out there right now, and none of them listen
284 00:24:48 --> 00:24:53 to me. None of them are qualified to teach what I'm teaching you. They don't.
285 00:24:53 --> 00:24:57 They don't have every aspect understood. They just are familiar with it. They're
286 00:24:57 --> 00:25:01 demonstrating how they use it. But they. Don't know what makes these things work.
287 00:25:02 --> 00:25:06 They don't know where they're going to form. I do. I've said many times, even
288 00:25:06 --> 00:25:09 back on baby pips, I knew where the high and low is going to form. I know where
289 00:25:09 --> 00:25:14 the high and low is going to form on the weekly chart before it trades there. And
290 00:25:14 --> 00:25:18 because I know those things, that's a level of responsibility that I have to
291 00:25:18 --> 00:25:23 guard. Because Can you imagine the information in the wrong hands with
292 00:25:23 --> 00:25:27 people. I mean, look what they've done already with my my lectures. They
293 00:25:27 --> 00:25:31 prostituted them. They call them institutional candles. There is no
294 00:25:31 --> 00:25:38 institutional candle, okay? Fu candle, all these little renamings, okay? Of my
295 00:25:38 --> 00:25:44 order block and motor block is nothing like supply and demand. There's so many
296 00:25:44 --> 00:25:50 very specific things that you have yet to learn about that literally gives such
297 00:25:50 --> 00:25:55 an advantage. It's laughable. Imagine a harmonic trader, imagine an Elliot wave
298 00:25:55 --> 00:26:04 trader, imagine a Wyckoff trader, okay, imagine a volume profile trader, a V wop
299 00:26:04 --> 00:26:14 trader. You don't know where V wopps going to be at 8:50am to 910 you don't
300 00:26:14 --> 00:26:20 know that no one's going to know where the harmonic pattern is going to be at
301 00:26:21 --> 00:26:27 next week. I know where the highs and lows are going to be next month,
302 00:26:27 --> 00:26:33 next year. I know that, but I don't want you thinking that I'm ever going to
303 00:26:33 --> 00:26:37 teach that in these books. I'm never teaching that in this books. Those
304 00:26:37 --> 00:26:43 things are mine. They're codified by me. You're never going to get that type of
305 00:26:43 --> 00:26:49 information, but I'm demonstrating very basic this is all basic stuff. It may
306 00:26:49 --> 00:26:53 seem complicated and complex to you, but I taught this first presented fair value
307 00:26:53 --> 00:26:59 gap last year in a in a Twitter space, and 90% of you probably never cared
308 00:26:59 --> 00:27:03 enough to do any back testing on it because you didn't see me doing it in a
309 00:27:03 --> 00:27:07 little vignette where I recorded a trade based on it and drew attention to it.
310 00:27:07 --> 00:27:10 But a lot of my trades are based on those types of things, just because I
311 00:27:10 --> 00:27:12 don't have it annotated in the chart like you're seeing it right here, where
312 00:27:12 --> 00:27:18 it literally caused the high of the day. That was the basis for me using 620,600
313 00:27:20 --> 00:27:24 if it goes above that, it's traded above that Monday's first presented fair value
314 00:27:24 --> 00:27:27 gap. If it's going to go above that, then it's going to treat that gap as an
315 00:27:27 --> 00:27:33 inversion fair value gap, which would be the springboard up into the liquidity
316 00:27:33 --> 00:27:42 above Tuesday's high and the 20,006 80 level. But because it didn't go there,
317 00:27:43 --> 00:27:46 our focus was to look for shorts right from the Jump Street at opening bell,
318 00:27:46 --> 00:27:51 and trade lower into the gap here, and then into consequent encroachment of the
319 00:27:51 --> 00:27:56 opening range gap, which is down here. So it's a lot of range, isn't it? And
320 00:27:56 --> 00:28:02 you can see my exit. Look right here. They'll see a little sideways carrot
321 00:28:02 --> 00:28:07 symbol. It shows you the actual exit point. Right there you see it. I'll keep
322 00:28:07 --> 00:28:13 flashing it. There you go. I'm exiting as it's trading into that. Okay? I'm
323 00:28:13 --> 00:28:19 sliding into home, and I went back to helping my wife. So I want you to think
324 00:28:19 --> 00:28:25 about how my concepts are literally light years ahead of everything else,
325 00:28:26 --> 00:28:29 and there's a lot of opposition to that right now. There's a lot of people that
326 00:28:29 --> 00:28:33 are trying to get your attention because they're trying to sell $200 courses
327 00:28:33 --> 00:28:38 while they're resetting 900 fund account combines. There are people out there
328 00:28:38 --> 00:28:43 trying to teach other concepts that are archaic and don't have any bearing on
329 00:28:43 --> 00:28:48 why price goes up and down. They have no idea how to tell you what time a setup
330 00:28:48 --> 00:28:53 is going to form. I know. I prove it. I know when my setups are going to form.
331 00:28:54 --> 00:28:58 Contrast that with anything and everything else you don't know. You
332 00:28:58 --> 00:29:03 don't know that no other school of thought teaches that. I know where fair
333 00:29:03 --> 00:29:07 value gaps are going to form before they before they form. I've proven it in live
334 00:29:07 --> 00:29:11 stream. I've literally called out fair value gaps before they actually formed.
335 00:29:12 --> 00:29:18 Come on now, I mean, it seems like magic, okay? It seems like sleight of
336 00:29:18 --> 00:29:22 hand, and it has to be some kind of fraud to it, right? But there isn't.
337 00:29:22 --> 00:29:27 It's just the truth, and I'm proving it over one minute and 15 second charts,
338 00:29:27 --> 00:29:33 and no one can come close to this, no, and this isn't my best stuff, like none
339 00:29:33 --> 00:29:43 of this is even high order stuff. This is easy stuff. It's It's laughable. When
340 00:29:43 --> 00:29:46 you see these people out there say that my concepts don't work, or price trades
341 00:29:46 --> 00:29:50 through the fair value gaps, it doesn't even work. You have no idea what you're
342 00:29:50 --> 00:29:55 doing with them. You have no idea. Look at the the first volume of balance right
343 00:29:55 --> 00:30:00 here. Look at that, and then the second one form here I drew. Of those out in
344 00:30:00 --> 00:30:05 live stream. I told you to look at that midpoint right there, and they would
345 00:30:05 --> 00:30:08 trade up to that and then trade lower. And I wanted to see it trade down here,
346 00:30:08 --> 00:30:11 because then I would have said, Okay, I would expect it to trade from that point
347 00:30:11 --> 00:30:18 up to first percent of Fairbank Apple Monday, which is that blue box, but
348 00:30:18 --> 00:30:21 you're not seeing that drop down there. And I'm not interested in chasing
349 00:30:21 --> 00:30:26 anything going up here, because I know that if we get here, it needs to then
350 00:30:26 --> 00:30:31 either breach 20,600 and then if it does that, it's going to come back down and
351 00:30:31 --> 00:30:34 use this as an inversion for Vega. And that would use that as a Judah swing
352 00:30:34 --> 00:30:39 during the opening range of 930, to 10 o'clock. And it would rally up first to
353 00:30:39 --> 00:30:44 get this liquidity and then tank. These are all the narratives I outlined
354 00:30:44 --> 00:30:48 yesterday, and I made a very strong point about how someone that is just an
355 00:30:48 --> 00:30:52 idiot or just wants to troll because they know that your attention span, and
356 00:30:52 --> 00:30:57 most other people's attention span, is very, very narrow and small, and that's
357 00:30:57 --> 00:31:00 not a knock against your intelligence. It's just the fact that that's what
358 00:31:00 --> 00:31:07 social media has done, it's bred short term attention span. So if there is a
359 00:31:10 --> 00:31:17 scientific, okay, or a technical element to something, it's very easily lost on
360 00:31:17 --> 00:31:20 the train of thought of most people online, because they want something
361 00:31:20 --> 00:31:23 easy, they don't want to worry about critical thinking. They don't want to
362 00:31:23 --> 00:31:26 worry about any effort in trying to study or back test the principal. They
363 00:31:26 --> 00:31:29 just want to give me something I can do right now, show me a magic trick that I
364 00:31:29 --> 00:31:34 can go ahead and teach my friends that I'm special. That's what they that's the
365 00:31:34 --> 00:31:39 equivalent of most people coming into the trading community today. They want
366 00:31:39 --> 00:31:42 to be able to impress their friends and family and look look smart and look like
367 00:31:42 --> 00:31:49 they're rich when they don't have any money. So when I am showcasing these
368 00:31:49 --> 00:31:53 things and explaining them, it's the number one proof conceptually, they are
369 00:31:53 --> 00:31:57 real. They're not contrived. They're not just conjectures. Okay? They're absolute
370 00:31:57 --> 00:32:01 principles, and they're they're aspects of delivery. Well, look at, look at the
371 00:32:01 --> 00:32:06 return back into this area here, which was the gap I outlined in the morning
372 00:32:06 --> 00:32:09 session on the live stream over here where I was telling you about the volume
373 00:32:09 --> 00:32:14 imbalances encapsulate all that for your for your fair value gap. Look what it
374 00:32:14 --> 00:32:19 does here. It comes all the way back up trades into it here. What time of day is
375 00:32:19 --> 00:32:24 that? It's the 950, to 1010, macro. Then price displaces, trades the sell side,
376 00:32:24 --> 00:32:32 back down to the lower quadrant of the opening range gap. What is this right
377 00:32:32 --> 00:32:35 here, when it trades back into first percentage fair value gap? Which is this
378 00:32:35 --> 00:32:40 candlestick right there? There is no gap prior to, I'm sorry, 930 this. We can't
379 00:32:40 --> 00:32:43 use that for first percentage of fair value gap. So you got gap, so you got to
380 00:32:43 --> 00:32:49 use the next one, which is here. So that is your first presented fair value gap,
381 00:32:51 --> 00:32:54 using the volume of balance. So
382 00:32:59 --> 00:33:04 it's trading up into that beautifully, and stopping right inside that upper
383 00:33:04 --> 00:33:08 volume imbalance I showed in the live stream yesterday, trades to this
384 00:33:08 --> 00:33:13 consequent encroaching and the upper half of the first presented fair value
385 00:33:13 --> 00:33:17 gap and breaks down. But the bodies are respecting what the halfway point of
386 00:33:17 --> 00:33:21 that first percent of fair pay gap. What time of day is it occurring? What time
387 00:33:21 --> 00:33:28 is that? Two minutes after 12. So that is what 1150, to 1210, macro. Then you
388 00:33:28 --> 00:33:33 had the market deliver down when it trades to here it gets to consequent
389 00:33:33 --> 00:33:37 encroachment of the opening range gap. It consolidates. This is time
390 00:33:37 --> 00:33:40 distortion. All of this right here is time distortion, until we get to what
391 00:33:40 --> 00:33:44 time of day is becoming influential again, 130 to two o'clock. That's your
392 00:33:44 --> 00:33:50 opening range for the pm session. So you would look at it like this. I've said
393 00:33:50 --> 00:33:56 all these. I've taught this already. Listen to last week's lectures. Listen
394 00:33:56 --> 00:34:02 to every lecture, really, but I teach these principles so that way you can go
395 00:34:02 --> 00:34:12 and look for it. Okay, the market trades up into the gap. I mentioned this
396 00:34:12 --> 00:34:16 yesterday morning. Trades right up into it, fails to get the consequence and
397 00:34:16 --> 00:34:21 displaces lower. Institutional order, flow entry drill right there, breaks
398 00:34:21 --> 00:34:26 lower trades back down into lower quadrant of the opening range gap.
399 00:34:26 --> 00:34:36 That's that blue line here. Consolidates volume and balance there. Sell side
400 00:34:37 --> 00:34:44 drops down relative equal lows and in Asia later on, because all this is time
401 00:34:44 --> 00:34:54 distortion. And then finally, in Asia, at 814, we break lower and trade to a
402 00:34:54 --> 00:34:59 full gap closure down here with that black line. And then where we're at
403 00:34:59 --> 00:35:03 right now. I is here going right back to yesterday's first presented, fair Vega.
404 00:35:08 --> 00:35:17 See that. So my focus is still up here. That's what I'm looking for. I'm looking
405 00:35:17 --> 00:35:21 for reasons to justify why it goes there. Okay, so I will wish you all a
406 00:35:21 --> 00:35:23 very pleasant day. Be Safe and Enjoy your weekend. You.