Skip to Content
Last modified by Drunk Monkey on 2024-10-21 09:33
Show last authors
1 (% class="hover min" %)
2 |1 |00:00:00 ~-~-> 00:00:18 |ICT: Hi. Good morning, folks. I'm not sure what's going on with YouTube, but
3 |2 |00:00:18 ~-~-> 00:00:24 |you probably noticed there's a lot of issues with the volume during my live
4 |3 |00:00:24 ~-~-> 00:00:29 |streams. You probably noticed that the live stream that I was doing last night
5 |4 |00:00:29 ~-~-> 00:00:39 |was abruptly stopped. I didn't stop it. I actually spoke for another 35 minutes
6 |5 |00:00:39 ~-~-> 00:00:46 |or so, and wasn't aware that the stream had stopped. So this this video is more
7 |6 |00:00:46 ~-~-> 00:00:51 |or less a continuation of last night's live stream. I had a good rhythm last
8 |7 |00:00:51 ~-~-> 00:00:56 |night, and I was covering a lot of things that I was very pleased with in
9 |8 |00:00:57 ~-~-> 00:01:02 |the presentation, but unfortunately, the stream was abruptly cut off. I don't
10 |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
11 |10 |00:01:08 ~-~-> 00:01:13 |broadcasting these things, so I'm going to do it as a pre recorded video and see
12 |11 |00:01:13 ~-~-> 00:01:17 |how that works out. I started the stream last night, kind of like reminding you
13 |12 |00:01:17 ~-~-> 00:01:22 |to watch yesterday's live stream, and I went through several things about
14 |13 |00:01:22 ~-~-> 00:01:27 |narrative, what I want to see, what I didn't want to see, for the opening
15 |14 |00:01:27 ~-~-> 00:01:37 |bell, and how that daily range would be delivered or implemented. This is our
16 |15 |00:01:37 ~-~-> 00:01:45 |regular trading hours chart. 930 opening bell, yesterday, 414 settlement,
17 |16 |00:01:45 ~-~-> 00:01:54 |previous day, regular trading hours, opening range gap. Okay. So if we don't
18 |17 |00:01:54 ~-~-> 00:01:59 |look at the annotations, it can be rather aimless looking at price action.
19 |18 |00:01:59 ~-~-> 00:02:08 |So I'm going to add the annotations. Okay, you can see all these things here.
20 |19 |00:02:09 ~-~-> 00:02:14 |And yesterday in live stream during the morning session, I mentioned one of the
21 |20 |00:02:14 ~-~-> 00:02:19 |things about the narrative of the opening bell before I left the live
22 |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
23 |22 |00:02:25 ~-~-> 00:02:30 |what the full opening range gap would be and where it's consequent encroachment.
24 |23 |00:02:30 ~-~-> 00:02:36 |So as it is, you can see that this is the midpoint or consequence encroachment
25 |24 |00:02:36 ~-~-> 00:02:42 |of the opening range gap. Gap low previous day settlement at 414, opening
26 |25 |00:02:42 ~-~-> 00:02:51 |price at 930 that's your gap. Upper quadrant, consequent encroachment, lower
27 |26 |00:02:51 ~-~-> 00:03:01 |quadrant and the low I mentioned, 620,600 if it was to trade up to that
28 |27 |00:03:02 ~-~-> 00:03:07 |yesterday before we got to the opening bell at 930 then I felt that we would
29 |28 |00:03:07 ~-~-> 00:03:12 |trade to these levels here on the Judas and then sell off. But I said, if we
30 |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
31 |30 |00:03:19 ~-~-> 00:03:24 |consequent encroachment of the opening range gap, or as much as three quarters.
32 |31 |00:03:25 ~-~-> 00:03:28 |Best case scenario would be full gap closure. But these are the two levels I
33 |32 |00:03:28 ~-~-> 00:03:34 |talked about, because we didn't go above 20,600 you're welcome to go back and
34 |33 |00:03:34 ~-~-> 00:03:38 |listen to the live stream yesterday. It's not long. It's really short, and
35 |34 |00:03:38 ~-~-> 00:03:42 |you'll hear me outline very specific scenarios that I would anticipate and
36 |35 |00:03:42 ~-~-> 00:03:47 |utilize. So I want to go into electronic trading hours. Alright, so here's
37 |36 |00:03:47 ~-~-> 00:03:54 |electronic trading hours. And I counseled you last year on on Twitter,
38 |37 |00:03:54 ~-~-> 00:04:00 |in my Twitter spaces, I taught a concept of first present the fair value gap on
39 |38 |00:04:00 ~-~-> 00:04:06 |Monday. So the fair value gap that forms after the opening bell at 930 eastern
40 |39 |00:04:06 ~-~-> 00:04:12 |time on Monday, that first one minute fair value gap, you need to extend that
41 |40 |00:04:12 ~-~-> 00:04:16 |throughout the entirety of the week, because it's going to give you intel
42 |41 |00:04:16 ~-~-> 00:04:20 |that you never noticed before. And that was the basis for me looking at the
43 |42 |00:04:20 ~-~-> 00:04:26 |20,600 level, because if we were going to trade up to and above that 20,600
44 |43 |00:04:27 ~-~-> 00:04:31 |then it most likely will come back down and touch that Monday first percent of
45 |44 |00:04:31 ~-~-> 00:04:35 |fair value gap, and use it as an inversion fair value gap. And that would
46 |45 |00:04:35 ~-~-> 00:04:39 |be the catalyst for the due to swing up into these levels, as I indicated
47 |46 |00:04:39 ~-~-> 00:04:43 |yesterday in the live stream. But because it didn't do that, I said that
48 |47 |00:04:43 ~-~-> 00:04:50 |we would sell off and attack the sell side below here, trade into this gap and
49 |48 |00:04:50 ~-~-> 00:04:57 |then consequent encroachment, or lower quadrant of the opening range, gap, best
50 |49 |00:04:57 ~-~-> 00:05:05 |case, full gap closure. So. So you can see how we used the sell off in here.
51 |50 |00:05:05 ~-~-> 00:05:09 |This was our first presented fair value gap. This candlestick right there. It's
52 |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
53 |52 |00:05:15 ~-~-> 00:05:19 |candle that you use for first presented fair value gap. So you can't use the 930
54 |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
55 |54 |00:05:25 ~-~-> 00:05:29 |see how we traded down through consequent crochet of the opening range.
56 |55 |00:05:29 ~-~-> 00:05:34 |Gap failed to get to the lower quadrant level, came back up, traded into the gap
57 |56 |00:05:34 ~-~-> 00:05:40 |that I mentioned would be impactful, and acted as inversion. Fairbank out here,
58 |57 |00:05:40 ~-~-> 00:05:44 |trade it back down. Use the consequent encroachment level here as a
59 |58 |00:05:45 ~-~-> 00:05:49 |institutional order flow entry. Drill short, trading below the short term.
60 |59 |00:05:49 ~-~-> 00:05:53 |Swing Low where sell side would be trading to the lower quadrant of the
61 |60 |00:05:53 ~-~-> 00:05:58 |opening range. Gap, back to consequent encroachment. Purple Line breaking down,
62 |61 |00:05:58 ~-~-> 00:06:03 |fair value gap. Sell off here. Target the relative equal lows. Each time it
63 |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
64 |63 |00:06:07 ~-~-> 00:06:13 |here, but that's okay. And Caleb would have used this right there as his short,
65 |64 |00:06:14 ~-~-> 00:06:19 |targeting each one of these lows as a potential closure on his trade. Using
66 |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
67 |66 |00:06:24 ~-~-> 00:06:29 |1030 and 1130 that is the lunchtime macro. The algorithm will start turning
68 |67 |00:06:29 ~-~-> 00:06:33 |back against the positions that are on side. That means, if the market's been
69 |68 |00:06:33 ~-~-> 00:06:37 |dropping, as you can see here, it's going to go back through where all the
70 |69 |00:06:37 ~-~-> 00:06:41 |swing highs are, and it's going to aim for the buy side liquidity. It does not
71 |70 |00:06:41 ~-~-> 00:06:45 |know how many orders are sitting above it. You don't need your book map or
72 |71 |00:06:45 ~-~-> 00:06:51 |anything like that. It's just simply going to go to those highs, okay? The
73 |72 |00:06:51 ~-~-> 00:06:54 |market rallies up, trades into a fair value gap here and a bullish breaker.
74 |73 |00:06:54 ~-~-> 00:07:00 |That's your breaker, right there trades to it there, rallies fairway gap there.
75 |74 |00:07:00 ~-~-> 00:07:04 |That's an entry that's an entry institution or for entry drill there
76 |75 |00:07:05 ~-~-> 00:07:11 |rallies, comes back to the consequent encroachment, or midpoint of the opening
77 |76 |00:07:11 ~-~-> 00:07:15 |range gap, that purple level it accumulates around that rallies, order
78 |77 |00:07:15 ~-~-> 00:07:20 |block runs right into first potential fair pay gap. That's a pink box here,
79 |78 |00:07:21 ~-~-> 00:07:24 |but if I take that away, just know that it's trading up into that and then
80 |79 |00:07:25 ~-~-> 00:07:28 |failing to get to its constant encroachment level, which is this dotted
81 |80 |00:07:28 ~-~-> 00:07:32 |line here, and then falls out of bed and works lower back down to consequent
82 |81 |00:07:32 ~-~-> 00:07:35 |encroachment. I'm going to take the first present to fair value gap all for
83 |82 |00:07:35 ~-~-> 00:07:39 |a second, and I'll remind you that yesterday, during the live stream at 830
84 |83 |00:07:40 ~-~-> 00:07:44 |I was drawing your attention to both of these volume imbalances. We trade up
85 |84 |00:07:44 ~-~-> 00:07:47 |into the higher one perfectly right
86 |85 |00:07:56 ~-~-> 00:08:00 |to consequent encouragement, but notice the bodies are staying inside the lower
87 |86 |00:08:00 ~-~-> 00:08:06 |volume imbalance. That's not random, okay, so the market trades up into our
88 |87 |00:08:06 ~-~-> 00:08:09 |first percentage fair value gap. It's high, but it's also consequent
89 |88 |00:08:09 ~-~-> 00:08:12 |correction of the higher volume imbalance I gave you yesterday during
90 |89 |00:08:12 ~-~-> 00:08:17 |the live stream. The bodies are staying inside the lower volume imbalance. So is
91 |90 |00:08:17 ~-~-> 00:08:21 |that indicating bullishness or bearishness? It's bearishness. So it
92 |91 |00:08:21 ~-~-> 00:08:24 |breaks lower, comes back up into consequent correction of the lower
93 |92 |00:08:24 ~-~-> 00:08:28 |volume imbalance. And they're they're shaded orange now because their roles
94 |93 |00:08:28 ~-~-> 00:08:33 |are reversing and acting as a premium array. So it breaks lower, and then it
95 |94 |00:08:33 ~-~-> 00:08:37 |consolidates around that fair value gap I mentioned that we would probably drop
96 |95 |00:08:37 ~-~-> 00:08:40 |down into yesterday morning before it did, and it's acting as an inversion
97 |96 |00:08:40 ~-~-> 00:08:45 |fair value gap here, treating as a premium right here, failing to touch it
98 |97 |00:08:45 ~-~-> 00:08:50 |there, sells off to consequence of the opening range gap. And then it uses it
99 |98 |00:08:50 ~-~-> 00:08:56 |once more here in the afternoon, between 130 and two o'clock, and sells off
100 |99 |00:08:56 ~-~-> 00:09:03 |institutional or full entry drill there, fair value gap there, breaks the
101 |100 |00:09:03 ~-~-> 00:09:11 |constant encroachment of the opening range gap down to lower quadrant of the
102 |101 |00:09:11 ~-~-> 00:09:21 |opening range gap. Sell side below these lows, it tags it and then it leaves the
103 |102 |00:09:21 ~-~-> 00:09:26 |rabbit trading hours with these relative equal lows, which later on in Asia. You
104 |103 |00:09:26 ~-~-> 00:09:33 |can see that they use the sell off here down into a full back closure there. So
105 |104 |00:09:35 ~-~-> 00:09:40 |I want to talk to you about what I used over here in the live stream yesterday
106 |105 |00:09:40 ~-~-> 00:09:46 |morning, where I called your attention to these two specific short term highs
107 |106 |00:09:46 ~-~-> 00:09:56 |on the one minute chart, this high here and this high here. Those are relative
108 |107 |00:09:56 ~-~-> 00:09:59 |equal highs during the live stream. I said, See that wick? That was the E 32
109 |108 |00:10:00 ~-~-> 00:10:06 |News candle. This is manipulation. And I said kind of like for a moment,
110 |109 |00:10:06 ~-~-> 00:10:11 |disregard that. If that didn't exist on the price chart, you would just see
111 |110 |00:10:11 ~-~-> 00:10:19 |relative equal highs right here. And one would assume that if you go up, RAID
112 |111 |00:10:19 ~-~-> 00:10:23 |these relative equal highs and then sell back off into a discount array, or trade
113 |112 |00:10:23 ~-~-> 00:10:26 |down into the gap I outlined over here and clean up some the sell side.
114 |113 |00:10:26 ~-~-> 00:10:29 |Initially, if you listen to the live stream, I wanted to see that. And if
115 |114 |00:10:29 ~-~-> 00:10:32 |that would have happened, then I would have been anticipating the market to go
116 |115 |00:10:32 ~-~-> 00:10:39 |up into first potential fair value gap on Monday and still try to reach for
117 |116 |00:10:41 ~-~-> 00:10:49 |these levels up here, okay, but in context and understanding what it was I
118 |117 |00:10:49 ~-~-> 00:10:58 |was teaching this wick, we can use that by taking a fib, anchoring it to the
119 |118 |00:10:58 ~-~-> 00:11:02 |high of the wick, and dropping it down to The highs, these relative equal
120 |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.
121 |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
122 |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
123 |122 |00:11:19 ~-~-> 00:11:26 |low, anchoring the points of reference, if you see that there, you see that. So
124 |123 |00:11:27 ~-~-> 00:11:32 |I'm not interested in looking at those levels. My focus was to bring your
125 |124 |00:11:32 ~-~-> 00:11:38 |attention on the midpoint of the range between the relative equal highs to the
126 |125 |00:11:38 ~-~-> 00:11:43 |high the halfway point there. That's consequent encroachment of this specific
127 |126 |00:11:43 ~-~-> 00:11:50 |wick and its range. Normally, you would see me do things like this. I'll take
128 |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
129 |128 |00:11:56 ~-~-> 00:11:59 |that has that long wick. That's consequent encroachment of the entire
130 |129 |00:11:59 ~-~-> 00:12:03 |wick. Notice it's not giving you the same piece of information that this,
131 |130 |00:12:03 ~-~-> 00:12:12 |these highs here, turning rotating back down shows. So I explained. As we were
132 |131 |00:12:12 ~-~-> 00:12:18 |trading out, I said, Watch this area right here. And this is my Gallo. PD,
133 |132 |00:12:18 ~-~-> 00:12:35 |array, a Gallo Is this okay when a criminal was sentenced to be unalived,
134 |133 |00:12:36 ~-~-> 00:12:41 |the person would be marched up the steps and stand over top of this little area
135 |134 |00:12:41 ~-~-> 00:12:46 |here, which is a trap door. And this platform here represents these two
136 |135 |00:12:46 ~-~-> 00:12:55 |relative equal highs, and this wick here represents the hangman's post, and the
137 |136 |00:12:55 ~-~-> 00:13:00 |noose is right there in consequent crochet. So in theory, this is why I
138 |137 |00:13:00 ~-~-> 00:13:06 |named it the gala. When I was trading towards this wick down here, go back and
139 |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
140 |139 |00:13:10 ~-~-> 00:13:16 |up here and then fail to go higher and rotate back down lower. It does that
141 |140 |00:13:16 ~-~-> 00:13:20 |notice the bodies are failing to even trade to the consequence level of that
142 |141 |00:13:20 ~-~-> 00:13:23 |wick between the tie and the relative equal highs. Now I know some of this is
143 |142 |00:13:23 ~-~-> 00:13:27 |probably, you know, this is, this is too complicated. It's really not
144 |143 |00:13:27 ~-~-> 00:13:33 |complicated. What I'm using is the idea of these inefficiencies that are wicks.
145 |144 |00:13:33 ~-~-> 00:13:36 |And I'm showing you exactly where the algorithm is going to refer to. And I
146 |145 |00:13:36 ~-~-> 00:13:40 |did this live before it actually delivered like this. I outlined why it
147 |146 |00:13:40 ~-~-> 00:13:44 |would do it, and the bodies are respecting the fact that it doesn't even
148 |147 |00:13:44 ~-~-> 00:13:49 |trade on it. The wicks are allowed to go through it. But then the bodies rotate
149 |148 |00:13:49 ~-~-> 00:13:52 |lower and trade right back down into that volume of balance, and then they
150 |149 |00:13:52 ~-~-> 00:13:58 |send it higher. So a Gallow is where this trap door springs away, and the
151 |150 |00:13:58 ~-~-> 00:14:04 |person that has their head in that news, they fall. Well, once they put the price
152 |151 |00:14:04 ~-~-> 00:14:09 |in its noose, right there a consequent encroachment, they drop the platform
153 |152 |00:14:09 ~-~-> 00:14:13 |that supports it here and trades back down. That's the reason why I call it
154 |153 |00:14:13 ~-~-> 00:14:24 |the gala, okay, proving a point yesterday that, um, they are usable
155 |154 |00:14:24 ~-~-> 00:14:30 |reference points. The algorithm will absolutely have an interest in booking
156 |155 |00:14:30 ~-~-> 00:14:37 |price to this same level. I was watching the sell off here, and admittedly, I was
157 |156 |00:14:37 ~-~-> 00:14:40 |distracted with my wife. She was asking me, I'll redo some things around nails.
158 |157 |00:14:40 ~-~-> 00:14:46 |So I started the recording, and I managed the entry on my phone, but I was
159 |158 |00:14:46 ~-~-> 00:14:50 |timing it as it gets right back to that price level right there. And you'll see
160 |159 |00:14:50 ~-~-> 00:15:02 |that happening when I add the executions. I'm. Uh, here's your
161 |160 |00:15:02 ~-~-> 00:15:09 |candlestick where it opens and trades back up into that level, right there.
162 |161 |00:15:09 ~-~-> 00:15:14 |Okay, right there. Now you can see my entry is it's just a little bit away
163 |162 |00:15:14 ~-~-> 00:15:18 |from it, because it opened jumped up there real quick, and by the time I
164 |163 |00:15:18 ~-~-> 00:15:23 |pushed the button, it was sitting right there. But that's the premise. Okay, so
165 |164 |00:15:23 ~-~-> 00:15:27 |I was using this basically as initially I was looking for it to trade as a
166 |165 |00:15:27 ~-~-> 00:15:31 |premium rate, which it did. It delivered perfectly, and then it traded back above
167 |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
168 |167 |00:15:36 ~-~-> 00:15:41 |level, I can use that as a reclaimed Gala, a reclaimed consequent
169 |168 |00:15:41 ~-~-> 00:15:46 |encroachment of a wick, where this was a premium array. When I'm now in a bearish
170 |169 |00:15:46 ~-~-> 00:15:50 |market condition and sell side delivery is underway. It means we're in a cell
171 |170 |00:15:50 ~-~-> 00:15:54 |program. Price is going to be delivered lower. I can use that same reference
172 |171 |00:15:54 ~-~-> 00:16:00 |point here as a reclaimed entry point. So it's going to act just like I was
173 |172 |00:16:00 ~-~-> 00:16:06 |expecting it over here, it reassums That same role as a premium rate. So I can
174 |173 |00:16:06 ~-~-> 00:16:12 |enter there, and I can use a very, very, very small stop loss. And I coupled it
175 |174 |00:16:12 ~-~-> 00:16:15 |with the fact that we traded right back this candlesticks low, so we open down
176 |175 |00:16:15 ~-~-> 00:16:20 |here. Immediate rebalance with a gala, which is this Wix, consequent
177 |176 |00:16:20 ~-~-> 00:16:24 |encroachment just between these two reference points here, halfway point now
178 |177 |00:16:24 ~-~-> 00:16:27 |you'll never find that in any other resource material, no other mentor is
179 |178 |00:16:27 ~-~-> 00:16:31 |going to draw your attention to that. No other educator, no other teacher, no
180 |179 |00:16:31 ~-~-> 00:16:36 |other trader. Know the books, courses, mentorship, nothing. Nobody from the
181 |180 |00:16:36 ~-~-> 00:16:40 |old, old back golden ages of technical analysis, and nobody relatively new
182 |181 |00:16:40 ~-~-> 00:16:45 |either, but me, and I say those types of things because I get a lot of comments,
183 |182 |00:16:45 ~-~-> 00:16:50 |and I just posted one last night, some goober on YouTube left a comment. I have
184 |183 |00:16:50 ~-~-> 00:16:55 |never studied with Al Brooks. Okay, I have no disrespect intended towards the
185 |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
186 |185 |00:16:59 ~-~-> 00:17:03 |mentor. And people were starting to say, Well, yeah, you you learn from Al
187 |186 |00:17:03 ~-~-> 00:17:08 |Brooks. So I asked Tom who guard, who was a student of Al Brooks. I said, You
188 |187 |00:17:08 ~-~-> 00:17:13 |see what I'm doing? I share executions with with Tom hugart In telegram. I have
189 |188 |00:17:13 ~-~-> 00:17:18 |had conversations with him, and I asked him, I said, Do you see anything in what
190 |189 |00:17:18 ~-~-> 00:17:23 |I'm doing as Al Brooks material? He is no, absolutely not. And you can go and
191 |190 |00:17:23 ~-~-> 00:17:27 |ask him, be respectful. Don't. Don't bother the man. Okay. But these are
192 |191 |00:17:27 ~-~-> 00:17:32 |things that are just nonsense, and I have openly challenged anyone that is a
193 |192 |00:17:32 ~-~-> 00:17:36 |student of Al Brooks. Find this in the albrooks material. Look at the live
194 |193 |00:17:36 ~-~-> 00:17:39 |streams. Look at the things I'm teaching as a PD array. Look how I'm calling
195 |194 |00:17:39 ~-~-> 00:17:44 |price before it goes there. Look at the aspects of time. All those things are
196 |195 |00:17:44 ~-~-> 00:17:51 |not anything else found in people's work prior to me, and as I'm releasing new
197 |196 |00:17:51 ~-~-> 00:17:55 |things, people are readily going out, and they're writing books on Amazon
198 |197 |00:17:55 ~-~-> 00:17:58 |because they're real fast, easily produced, and they're trying to put it
199 |198 |00:17:58 ~-~-> 00:18:02 |in writing like, like, it's their work. It's not their work, okay? It's mine.
200 |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
201 |200 |00:18:07 ~-~-> 00:18:10 |details that make these things work perfectly, I hold them close, because
202 |201 |00:18:10 ~-~-> 00:18:14 |once I put them in book format, then everybody's going to plagiarize them,
203 |202 |00:18:14 ~-~-> 00:18:17 |and they'll sound smart afterwards. But right now, everything they have is
204 |203 |00:18:17 ~-~-> 00:18:21 |incomplete works. They're just introductions, and you can see that
205 |204 |00:18:21 ~-~-> 00:18:26 |because I'm using them in live data, over live stream. I'm explaining why the
206 |205 |00:18:26 ~-~-> 00:18:29 |market should do certain things. None of the quote, unquote, ICT mentors out
207 |206 |00:18:29 ~-~-> 00:18:33 |there that take my content and they make mentorships out of them, they will never
208 |207 |00:18:33 ~-~-> 00:18:37 |be able to duplicate what I just showed you today. They'll never be able to do
209 |208 |00:18:37 ~-~-> 00:18:41 |that, and it's because I have held back certain elements so they can't profit
210 |209 |00:18:41 ~-~-> 00:18:46 |from teaching it until I have solidified it in book form. There's a lot of people
211 |210 |00:18:46 ~-~-> 00:18:49 |that know me because I'm on YouTube. There's a lot of people that know me
212 |211 |00:18:49 ~-~-> 00:18:55 |because my content, my mentorship videos, were leaked and resold. But the
213 |212 |00:18:55 ~-~-> 00:19:00 |community at large, globally, they're not familiar because they if you look at
214 |213 |00:19:00 ~-~-> 00:19:04 |what goes on, they'll say, do you use ICT or do you prefer Smart Money
215 |214 |00:19:04 ~-~-> 00:19:09 |concepts, or SMC? That's my concepts. That's the I am the author of smart
216 |215 |00:19:09 ~-~-> 00:19:14 |money concept that that's me. Okay? These ideas of order blocks, that's not
217 |216 |00:19:14 ~-~-> 00:19:18 |supply and demand. I've ripped at the shreds. Okay, I've ripped the shreds
218 |217 |00:19:18 ~-~-> 00:19:22 |that none of the things I'm teaching you as in white golf either just because a
219 |218 |00:19:22 ~-~-> 00:19:26 |market goes up and then drops back down, that doesn't mean that's why golf. It
220 |219 |00:19:26 ~-~-> 00:19:29 |just means that's what price has done. It's called swing trading, okay, in its
221 |220 |00:19:29 ~-~-> 00:19:35 |bearest form, that's it. But what are you doing inside that price swing? My PD
222 |221 |00:19:35 ~-~-> 00:19:40 |arrays are never found in like off. Go through it. Study it. I invite you to do
223 |222 |00:19:40 ~-~-> 00:19:44 |it, and I'm inviting you to go study Albrook stuff too. Go in everybody
224 |223 |00:19:44 ~-~-> 00:19:53 |else's stuff prior to 1996 okay, you are never, ever, ever gonna find anybody
225 |224 |00:19:53 ~-~-> 00:19:57 |talking about what I'm talking about today. These are all concepts that I
226 |225 |00:19:57 ~-~-> 00:20:04 |codified and were in complete form in 19. 96 between 1992 november 5 and 1992
227 |226 |00:20:04 ~-~-> 00:20:09 |on a Thursday at 9pm when I first started my soiree into trading.
228 |227 |00:20:09 ~-~-> 00:20:14 |Officially, at 14, I was being indoctrinated by my uncle to start
229 |228 |00:20:14 ~-~-> 00:20:19 |looking at the markets, but I wasn't that interested in it. But 1992 november
230 |229 |00:20:19 ~-~-> 00:20:23 |5, Thursday evening at my aunt and uncle's house, who I was paying room and
231 |230 |00:20:23 ~-~-> 00:20:30 |board to live with the time I started studying price and starting starting the
232 |231 |00:20:30 ~-~-> 00:20:34 |the process of being a trader, and I began, I asked that class study of the
233 |232 |00:20:34 ~-~-> 00:20:38 |commodity market, and I rushed into trading with real money before I knew
234 |233 |00:20:38 ~-~-> 00:20:44 |what I was doing. But the lesson I learned initially started this
235 |234 |00:20:44 ~-~-> 00:20:50 |insatiable appetite to master the understanding of what Christ would do,
236 |235 |00:20:51 ~-~-> 00:21:01 |and over a long period of trial and error prayer, I have been gifted the
237 |236 |00:21:01 ~-~-> 00:21:05 |ability to see certain things in price action and create a language where you
238 |237 |00:21:05 ~-~-> 00:21:08 |can see these things that are occurring, and it's not buying and selling
239 |238 |00:21:08 ~-~-> 00:21:14 |pressure. So my opinion is this, okay, I'm getting real close to the things
240 |239 |00:21:14 ~-~-> 00:21:20 |that the powers that be don't want you to know. Where everything is so precise
241 |240 |00:21:21 ~-~-> 00:21:26 |it slaps it in the face. When people run around say, we have a free market. We
242 |241 |00:21:26 ~-~-> 00:21:29 |don't have a free market, and that shouldn't be scary. I'm thankful that we
243 |242 |00:21:29 ~-~-> 00:21:32 |don't have a free market. I'm thankful that it's manipulated. I'm thankful that
244 |243 |00:21:32 ~-~-> 00:21:36 |it's controlled, that it's rigged, because that gives you an advantage.
245 |244 |00:21:37 ~-~-> 00:21:41 |Now, the average person on the street, they would never believe that as an
246 |245 |00:21:41 ~-~-> 00:21:45 |algorithm controlling price, they'll never control the delivery of price rate
247 |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
248 |247 |00:21:48 ~-~-> 00:21:53 |the idea of doing that makes them feel vulnerable, and their systems aren't the
249 |248 |00:21:53 ~-~-> 00:21:58 |real reasons why price goes up and down. Then that means it shatters their their
250 |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
251 |250 |00:22:04 ~-~-> 00:22:07 |algorithm, no, there's no market makers controlling price. And they'll say
252 |251 |00:22:07 ~-~-> 00:22:10 |market makers are just trying to be delta neutral. Now that's a dealer, and
253 |252 |00:22:10 ~-~-> 00:22:13 |that's why they've been named inappropriately. Market makers, you're
254 |253 |00:22:13 ~-~-> 00:22:16 |not making a market as a dealer. You're dealing in the same price feed that
255 |254 |00:22:16 ~-~-> 00:22:20 |everybody else is dealing in. You're trading in the same thing that I'm
256 |255 |00:22:20 ~-~-> 00:22:27 |trading in every body is using the same price. Speed futures has the same price,
257 |256 |00:22:27 ~-~-> 00:22:30 |the high and the low and open and close. Everybody has that, but you don't have
258 |257 |00:22:30 ~-~-> 00:22:36 |that in forex. Every broker has its own individual high and low. It's open and
259 |258 |00:22:36 ~-~-> 00:22:40 |close, and that's why you're losing money. I left Forex for a reason. It's
260 |259 |00:22:40 ~-~-> 00:22:46 |it's getting dirty in it. In Forex, you're not going to see these pristine
261 |260 |00:22:46 ~-~-> 00:22:52 |deliveries, as you see in futures. Futures is a gentleman's market. Forex
262 |261 |00:22:52 ~-~-> 00:22:57 |was the wild wild west. There was a time when it was great, but there's things
263 |262 |00:22:57 ~-~-> 00:23:01 |shifting globally, and it's all going to be current currency based. I don't want
264 |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
265 |264 |00:23:07 ~-~-> 00:23:16 |just I don't know how to explain it, other than just consolidating rangy,
266 |265 |00:23:16 ~-~-> 00:23:22 |it's really not trying to do anything as eventful as index futures has and
267 |266 |00:23:22 ~-~-> 00:23:25 |commodities has and this was my first love. This is where I first learned how
268 |267 |00:23:25 ~-~-> 00:23:29 |to trade in the commodity market. And I moved away from things like orange
269 |268 |00:23:29 ~-~-> 00:23:33 |juice, which was my first trade in the market, and then moved away from live
270 |269 |00:23:33 ~-~-> 00:23:41 |cattle, feeder cattle, pork bellies, all these markets that were agricultural in
271 |270 |00:23:41 ~-~-> 00:23:48 |nature. And then I moved to currency futures, and then the bond futures. And
272 |271 |00:23:48 ~-~-> 00:23:54 |then eventually I said, Well, I'm going to start trading in the s, p5, 100. And
273 |272 |00:23:54 ~-~-> 00:24:00 |then I realized that there are things that I can capitalize on that keep
274 |273 |00:24:00 ~-~-> 00:24:05 |repeating over and over and over again and having an insight like these little
275 |274 |00:24:05 ~-~-> 00:24:11 |surgical strikes in the price action, where you can measure its effectiveness
276 |275 |00:24:11 ~-~-> 00:24:15 |and anticipate its formation. See, that's that's the thing. I want you to
277 |276 |00:24:15 ~-~-> 00:24:18 |understand, that Monday's first presented fair value gap when I told
278 |277 |00:24:18 ~-~-> 00:24:23 |that in a live presentation on Twitter. It was a space on Twitter, meaning why
279 |278 |00:24:23 ~-~-> 00:24:27 |this? Talked for hours. I tuck these little secrets inside of long winded
280 |279 |00:24:27 ~-~-> 00:24:31 |discussions because I don't want to give it to the lazy people. The lazy people.
281 |280 |00:24:31 ~-~-> 00:24:34 |They rebrand it, and they make mentorships, and they talk about things
282 |281 |00:24:34 ~-~-> 00:24:38 |in hindsight they can never go out here in front of you, live, explained
283 |282 |00:24:38 ~-~-> 00:24:44 |beforehand, with accuracy and clarity what they're supposed to know. There's a
284 |283 |00:24:44 ~-~-> 00:24:48 |lot of ICT, quote, unquote, mentors out there right now, and none of them listen
285 |284 |00:24:48 ~-~-> 00:24:53 |to me. None of them are qualified to teach what I'm teaching you. They don't.
286 |285 |00:24:53 ~-~-> 00:24:57 |They don't have every aspect understood. They just are familiar with it. They're
287 |286 |00:24:57 ~-~-> 00:25:01 |demonstrating how they use it. But they. Don't know what makes these things work.
288 |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
289 |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
290 |289 |00:25:09 ~-~-> 00:25:14 |the high and low is going to form on the weekly chart before it trades there. And
291 |290 |00:25:14 ~-~-> 00:25:18 |because I know those things, that's a level of responsibility that I have to
292 |291 |00:25:18 ~-~-> 00:25:23 |guard. Because Can you imagine the information in the wrong hands with
293 |292 |00:25:23 ~-~-> 00:25:27 |people. I mean, look what they've done already with my my lectures. They
294 |293 |00:25:27 ~-~-> 00:25:31 |prostituted them. They call them institutional candles. There is no
295 |294 |00:25:31 ~-~-> 00:25:38 |institutional candle, okay? Fu candle, all these little renamings, okay? Of my
296 |295 |00:25:38 ~-~-> 00:25:44 |order block and motor block is nothing like supply and demand. There's so many
297 |296 |00:25:44 ~-~-> 00:25:50 |very specific things that you have yet to learn about that literally gives such
298 |297 |00:25:50 ~-~-> 00:25:55 |an advantage. It's laughable. Imagine a harmonic trader, imagine an Elliot wave
299 |298 |00:25:55 ~-~-> 00:26:04 |trader, imagine a Wyckoff trader, okay, imagine a volume profile trader, a V wop
300 |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
301 |300 |00:26:14 ~-~-> 00:26:20 |know that no one's going to know where the harmonic pattern is going to be at
302 |301 |00:26:21 ~-~-> 00:26:27 |next week. I know where the highs and lows are going to be next month,
303 |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
304 |303 |00:26:33 ~-~-> 00:26:37 |teach that in these books. I'm never teaching that in this books. Those
305 |304 |00:26:37 ~-~-> 00:26:43 |things are mine. They're codified by me. You're never going to get that type of
306 |305 |00:26:43 ~-~-> 00:26:49 |information, but I'm demonstrating very basic this is all basic stuff. It may
307 |306 |00:26:49 ~-~-> 00:26:53 |seem complicated and complex to you, but I taught this first presented fair value
308 |307 |00:26:53 ~-~-> 00:26:59 |gap last year in a in a Twitter space, and 90% of you probably never cared
309 |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
310 |309 |00:27:03 ~-~-> 00:27:07 |little vignette where I recorded a trade based on it and drew attention to it.
311 |310 |00:27:07 ~-~-> 00:27:10 |But a lot of my trades are based on those types of things, just because I
312 |311 |00:27:10 ~-~-> 00:27:12 |don't have it annotated in the chart like you're seeing it right here, where
313 |312 |00:27:12 ~-~-> 00:27:18 |it literally caused the high of the day. That was the basis for me using 620,600
314 |313 |00:27:20 ~-~-> 00:27:24 |if it goes above that, it's traded above that Monday's first presented fair value
315 |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
316 |315 |00:27:27 ~-~-> 00:27:33 |inversion fair value gap, which would be the springboard up into the liquidity
317 |316 |00:27:33 ~-~-> 00:27:42 |above Tuesday's high and the 20,006 80 level. But because it didn't go there,
318 |317 |00:27:43 ~-~-> 00:27:46 |our focus was to look for shorts right from the Jump Street at opening bell,
319 |318 |00:27:46 ~-~-> 00:27:51 |and trade lower into the gap here, and then into consequent encroachment of the
320 |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
321 |320 |00:27:56 ~-~-> 00:28:02 |you can see my exit. Look right here. They'll see a little sideways carrot
322 |321 |00:28:02 ~-~-> 00:28:07 |symbol. It shows you the actual exit point. Right there you see it. I'll keep
323 |322 |00:28:07 ~-~-> 00:28:13 |flashing it. There you go. I'm exiting as it's trading into that. Okay? I'm
324 |323 |00:28:13 ~-~-> 00:28:19 |sliding into home, and I went back to helping my wife. So I want you to think
325 |324 |00:28:19 ~-~-> 00:28:25 |about how my concepts are literally light years ahead of everything else,
326 |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
327 |326 |00:28:29 ~-~-> 00:28:33 |are trying to get your attention because they're trying to sell $200 courses
328 |327 |00:28:33 ~-~-> 00:28:38 |while they're resetting 900 fund account combines. There are people out there
329 |328 |00:28:38 ~-~-> 00:28:43 |trying to teach other concepts that are archaic and don't have any bearing on
330 |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
331 |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.
332 |331 |00:28:54 ~-~-> 00:28:58 |Contrast that with anything and everything else you don't know. You
333 |332 |00:28:58 ~-~-> 00:29:03 |don't know that no other school of thought teaches that. I know where fair
334 |333 |00:29:03 ~-~-> 00:29:07 |value gaps are going to form before they before they form. I've proven it in live
335 |334 |00:29:07 ~-~-> 00:29:11 |stream. I've literally called out fair value gaps before they actually formed.
336 |335 |00:29:12 ~-~-> 00:29:18 |Come on now, I mean, it seems like magic, okay? It seems like sleight of
337 |336 |00:29:18 ~-~-> 00:29:22 |hand, and it has to be some kind of fraud to it, right? But there isn't.
338 |337 |00:29:22 ~-~-> 00:29:27 |It's just the truth, and I'm proving it over one minute and 15 second charts,
339 |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
340 |339 |00:29:33 ~-~-> 00:29:43 |of this is even high order stuff. This is easy stuff. It's It's laughable. When
341 |340 |00:29:43 ~-~-> 00:29:46 |you see these people out there say that my concepts don't work, or price trades
342 |341 |00:29:46 ~-~-> 00:29:50 |through the fair value gaps, it doesn't even work. You have no idea what you're
343 |342 |00:29:50 ~-~-> 00:29:55 |doing with them. You have no idea. Look at the the first volume of balance right
344 |343 |00:29:55 ~-~-> 00:30:00 |here. Look at that, and then the second one form here I drew. Of those out in
345 |344 |00:30:00 ~-~-> 00:30:05 |live stream. I told you to look at that midpoint right there, and they would
346 |345 |00:30:05 ~-~-> 00:30:08 |trade up to that and then trade lower. And I wanted to see it trade down here,
347 |346 |00:30:08 ~-~-> 00:30:11 |because then I would have said, Okay, I would expect it to trade from that point
348 |347 |00:30:11 ~-~-> 00:30:18 |up to first percent of Fairbank Apple Monday, which is that blue box, but
349 |348 |00:30:18 ~-~-> 00:30:21 |you're not seeing that drop down there. And I'm not interested in chasing
350 |349 |00:30:21 ~-~-> 00:30:26 |anything going up here, because I know that if we get here, it needs to then
351 |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
352 |351 |00:30:31 ~-~-> 00:30:34 |use this as an inversion for Vega. And that would use that as a Judah swing
353 |352 |00:30:34 ~-~-> 00:30:39 |during the opening range of 930, to 10 o'clock. And it would rally up first to
354 |353 |00:30:39 ~-~-> 00:30:44 |get this liquidity and then tank. These are all the narratives I outlined
355 |354 |00:30:44 ~-~-> 00:30:48 |yesterday, and I made a very strong point about how someone that is just an
356 |355 |00:30:48 ~-~-> 00:30:52 |idiot or just wants to troll because they know that your attention span, and
357 |356 |00:30:52 ~-~-> 00:30:57 |most other people's attention span, is very, very narrow and small, and that's
358 |357 |00:30:57 ~-~-> 00:31:00 |not a knock against your intelligence. It's just the fact that that's what
359 |358 |00:31:00 ~-~-> 00:31:07 |social media has done, it's bred short term attention span. So if there is a
360 |359 |00:31:10 ~-~-> 00:31:17 |scientific, okay, or a technical element to something, it's very easily lost on
361 |360 |00:31:17 ~-~-> 00:31:20 |the train of thought of most people online, because they want something
362 |361 |00:31:20 ~-~-> 00:31:23 |easy, they don't want to worry about critical thinking. They don't want to
363 |362 |00:31:23 ~-~-> 00:31:26 |worry about any effort in trying to study or back test the principal. They
364 |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
365 |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
366 |365 |00:31:34 ~-~-> 00:31:39 |equivalent of most people coming into the trading community today. They want
367 |366 |00:31:39 ~-~-> 00:31:42 |to be able to impress their friends and family and look look smart and look like
368 |367 |00:31:42 ~-~-> 00:31:49 |they're rich when they don't have any money. So when I am showcasing these
369 |368 |00:31:49 ~-~-> 00:31:53 |things and explaining them, it's the number one proof conceptually, they are
370 |369 |00:31:53 ~-~-> 00:31:57 |real. They're not contrived. They're not just conjectures. Okay? They're absolute
371 |370 |00:31:57 ~-~-> 00:32:01 |principles, and they're they're aspects of delivery. Well, look at, look at the
372 |371 |00:32:01 ~-~-> 00:32:06 |return back into this area here, which was the gap I outlined in the morning
373 |372 |00:32:06 ~-~-> 00:32:09 |session on the live stream over here where I was telling you about the volume
374 |373 |00:32:09 ~-~-> 00:32:14 |imbalances encapsulate all that for your for your fair value gap. Look what it
375 |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
376 |375 |00:32:19 ~-~-> 00:32:24 |that? It's the 950, to 1010, macro. Then price displaces, trades the sell side,
377 |376 |00:32:24 ~-~-> 00:32:32 |back down to the lower quadrant of the opening range gap. What is this right
378 |377 |00:32:32 ~-~-> 00:32:35 |here, when it trades back into first percentage fair value gap? Which is this
379 |378 |00:32:35 ~-~-> 00:32:40 |candlestick right there? There is no gap prior to, I'm sorry, 930 this. We can't
380 |379 |00:32:40 ~-~-> 00:32:43 |use that for first percentage of fair value gap. So you got gap, so you got to
381 |380 |00:32:43 ~-~-> 00:32:49 |use the next one, which is here. So that is your first presented fair value gap,
382 |381 |00:32:51 ~-~-> 00:32:54 |using the volume of balance. So
383 |382 |00:32:59 ~-~-> 00:33:04 |it's trading up into that beautifully, and stopping right inside that upper
384 |383 |00:33:04 ~-~-> 00:33:08 |volume imbalance I showed in the live stream yesterday, trades to this
385 |384 |00:33:08 ~-~-> 00:33:13 |consequent encroaching and the upper half of the first presented fair value
386 |385 |00:33:13 ~-~-> 00:33:17 |gap and breaks down. But the bodies are respecting what the halfway point of
387 |386 |00:33:17 ~-~-> 00:33:21 |that first percent of fair pay gap. What time of day is it occurring? What time
388 |387 |00:33:21 ~-~-> 00:33:28 |is that? Two minutes after 12. So that is what 1150, to 1210, macro. Then you
389 |388 |00:33:28 ~-~-> 00:33:33 |had the market deliver down when it trades to here it gets to consequent
390 |389 |00:33:33 ~-~-> 00:33:37 |encroachment of the opening range gap. It consolidates. This is time
391 |390 |00:33:37 ~-~-> 00:33:40 |distortion. All of this right here is time distortion, until we get to what
392 |391 |00:33:40 ~-~-> 00:33:44 |time of day is becoming influential again, 130 to two o'clock. That's your
393 |392 |00:33:44 ~-~-> 00:33:50 |opening range for the pm session. So you would look at it like this. I've said
394 |393 |00:33:50 ~-~-> 00:33:56 |all these. I've taught this already. Listen to last week's lectures. Listen
395 |394 |00:33:56 ~-~-> 00:34:02 |to every lecture, really, but I teach these principles so that way you can go
396 |395 |00:34:02 ~-~-> 00:34:12 |and look for it. Okay, the market trades up into the gap. I mentioned this
397 |396 |00:34:12 ~-~-> 00:34:16 |yesterday morning. Trades right up into it, fails to get the consequence and
398 |397 |00:34:16 ~-~-> 00:34:21 |displaces lower. Institutional order, flow entry drill right there, breaks
399 |398 |00:34:21 ~-~-> 00:34:26 |lower trades back down into lower quadrant of the opening range gap.
400 |399 |00:34:26 ~-~-> 00:34:36 |That's that blue line here. Consolidates volume and balance there. Sell side
401 |400 |00:34:37 ~-~-> 00:34:44 |drops down relative equal lows and in Asia later on, because all this is time
402 |401 |00:34:44 ~-~-> 00:34:54 |distortion. And then finally, in Asia, at 814, we break lower and trade to a
403 |402 |00:34:54 ~-~-> 00:34:59 |full gap closure down here with that black line. And then where we're at
404 |403 |00:34:59 ~-~-> 00:35:03 |right now. I is here going right back to yesterday's first presented, fair Vega.
405 |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
406 |405 |00:35:17 ~-~-> 00:35:21 |for reasons to justify why it goes there. Okay, so I will wish you all a
407 |406 |00:35:21 ~-~-> 00:35:23 |very pleasant day. Be Safe and Enjoy your weekend. You.