Wiki source code of ICT YT - 2025-01-13 - 2025 Lecture Series - SMC Trading Opening Range Gaps
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2 | |1 |00:00:33 ~-~-> 00:00:39 |ICT: All right, folks, welcome back. All right. So today is January 12, 2025 I | ||
3 | |2 |00:00:39 ~-~-> 00:00:45 |want to review and also segue into the next portion of the trading model I'm | ||
4 | |3 |00:00:45 ~-~-> 00:00:50 |employing this year. The previous lecture was dealing with opening range | ||
5 | |4 |00:00:50 ~-~-> 00:01:00 |gaps and midnight opening range gaps and blending of those things. Tonight, I | ||
6 | |5 |00:01:00 ~-~-> 00:01:06 |kind of want to show you what I did on Non Farm Payroll Friday. So when we look | ||
7 | |6 |00:01:06 ~-~-> 00:01:10 |at actually seeing how we can participate in these price moves, now | ||
8 | |7 |00:01:10 ~-~-> 00:01:14 |I'm not advocating that you should be trading with real money. Okay, so just | ||
9 | |8 |00:01:14 ~-~-> 00:01:21 |know that I'm showing you things I've done with my actual money, and you are | ||
10 | |9 |00:01:21 ~-~-> 00:01:26 |encouraged to back test it and paper trade it with a demo account. I don't | ||
11 | |10 |00:01:26 ~-~-> 00:01:30 |want you thinking that you're going to have a flawless victory every time you | ||
12 | |11 |00:01:30 ~-~-> 00:01:34 |get into the marketplace. And in fact, you're going to see that I did, in fact, | ||
13 | |12 |00:01:34 ~-~-> 00:01:39 |take a trade using this information, and I took a loss initially and then | ||
14 | |13 |00:01:39 ~-~-> 00:01:44 |recouped it, and I was actually trading with real money in the Non Farm Payroll. | ||
15 | |14 |00:01:45 ~-~-> 00:01:52 |So I'm going to show you again why some of the folks that watch my videos before | ||
16 | |15 |00:01:52 ~-~-> 00:01:57 |we get into it. I mean, give me a moment for housekeeping on YouTube. I don't | ||
17 | |16 |00:01:57 ~-~-> 00:02:01 |like to show the comments because, frankly, is a lot of advertisement for | ||
18 | |17 |00:02:01 ~-~-> 00:02:07 |things that are not supported by me. Like I don't, I don't look at crypto. I | ||
19 | |18 |00:02:07 ~-~-> 00:02:11 |could care less about crypto. And there's a lot of scams and frauds and | ||
20 | |19 |00:02:11 ~-~-> 00:02:14 |and people advertising that they're someone else, that they're really not. | ||
21 | |20 |00:02:15 ~-~-> 00:02:19 |And also, you know, like anything else, I have very disrespectful people that | ||
22 | |21 |00:02:19 ~-~-> 00:02:22 |don't really watch the videos, and they just want to have a stage to perform, | ||
23 | |22 |00:02:23 ~-~-> 00:02:26 |and I'm the only one that can see you, and when I see your comment, I remove | ||
24 | |23 |00:02:26 ~-~-> 00:02:30 |it. So you think I'm leaving it there, but I'm really not, and no one else can | ||
25 | |24 |00:02:30 ~-~-> 00:02:37 |see it. But for the sake for sportsmanship, let you know the last | ||
26 | |25 |00:02:37 ~-~-> 00:02:44 |video I posted where we were discussing opening range gaps and such a follower? | ||
27 | |26 |00:02:44 ~-~-> 00:02:47 |Okay, I don't know if it's a student. I don't know if it's someone that just, | ||
28 | |27 |00:02:47 ~-~-> 00:02:53 |you know, watches this, you know, troll or whatever, and mark my words. I'm not | ||
29 | |28 |00:02:53 ~-~-> 00:02:56 |bothered by this, but I want you to understand why. Because I get so many | ||
30 | |29 |00:02:56 ~-~-> 00:02:59 |people that aren't really followers of the channel, they'll leave a comment | ||
31 | |30 |00:02:59 ~-~-> 00:03:03 |saying, Why aren't there comments? There's you can leave a comment, but | ||
32 | |31 |00:03:03 ~-~-> 00:03:08 |it's for me to read. If you want to use the comment section as a journal that | ||
33 | |32 |00:03:08 ~-~-> 00:03:11 |way, when you post your comments about what minute marker you found something | ||
34 | |33 |00:03:11 ~-~-> 00:03:15 |interesting, or you want to have your own little table of contents of my | ||
35 | |34 |00:03:15 ~-~-> 00:03:19 |lectures, that's it's advised you can do that because no one else is going to | ||
36 | |35 |00:03:19 ~-~-> 00:03:22 |mess your comment up. I'm not going to delete it. I'm not going to remove it, | ||
37 | |36 |00:03:23 ~-~-> 00:03:29 |and you're the only one can see it, so have at it. But one of the guys that | ||
38 | |37 |00:03:29 ~-~-> 00:03:35 |were watching the last video mentioned that there was nothing useful in the | ||
39 | |38 |00:03:35 ~-~-> 00:03:41 |video. Now these are the types of individuals that frustrate me as a as a | ||
40 | |39 |00:03:41 ~-~-> 00:03:47 |mentor, because for years I've been begged and pleaded to, please, please, | ||
41 | |40 |00:03:47 ~-~-> 00:03:51 |please. Make it simple. Make it straightforward, giving me simple rules | ||
42 | |41 |00:03:51 ~-~-> 00:03:55 |to follow, 123, x, y, z, this is the result you should expect, and that's | ||
43 | |42 |00:03:55 ~-~-> 00:04:00 |exactly what I'm doing now. I'm not going to apologize for the difficulty in | ||
44 | |43 |00:04:00 ~-~-> 00:04:05 |the technicalities that are going to be required for someone that has never | ||
45 | |44 |00:04:05 ~-~-> 00:04:10 |really studied my content. So it's reasonable for someone that's brand new | ||
46 | |45 |00:04:10 ~-~-> 00:04:14 |to trading or brand new to my Smart Money concepts, anything, quote, | ||
47 | |46 |00:04:14 ~-~-> 00:04:20 |unquote. ICT, if you see things in this lecture series that seem complicated, I | ||
48 | |47 |00:04:20 ~-~-> 00:04:24 |promise you, it's only because you haven't done any of the previous | ||
49 | |48 |00:04:24 ~-~-> 00:04:27 |mentorship videos, which are free. You can go watch them on my YouTube channel, | ||
50 | |49 |00:04:27 ~-~-> 00:04:30 |but I'm outlining how I'm going to be implementing this information with a | ||
51 | |50 |00:04:30 ~-~-> 00:04:36 |real account for 2025 okay, so I just want to remind you that when I was going | ||
52 | |51 |00:04:36 ~-~-> 00:04:40 |through all the content, and I'm just briefly going through the slides and | ||
53 | |52 |00:04:40 ~-~-> 00:04:47 |explaining that all this stuff was included, you know, these are all very | ||
54 | |53 |00:04:47 ~-~-> 00:04:54 |specific things, okay, number of handles, okay, how many points filters | ||
55 | |54 |00:04:54 ~-~-> 00:04:58 |out, whether or not the gap should close in or how I would use that information? | ||
56 | |55 |00:04:59 ~-~-> 00:05:06 |So. I went through the the effort of trying to show viewers what it is | ||
57 | |56 |00:05:06 ~-~-> 00:05:10 |specifically that the algorithm is going to do and how to use the rule based | ||
58 | |57 |00:05:10 ~-~-> 00:05:15 |ideas that the algorithm itself follows. Now it's one thing to come to a comment | ||
59 | |58 |00:05:15 ~-~-> 00:05:18 |section and say, You're a liar, you're a scammer, you're defrauding people, | ||
60 | |59 |00:05:19 ~-~-> 00:05:24 |you're scamming people, okay? And ignore everything I've told you in a pre | ||
61 | |60 |00:05:24 ~-~-> 00:05:30 |recorded video before the very next day, the most complicated, most manipulated | ||
62 | |61 |00:05:30 ~-~-> 00:05:36 |day of the month, which is Non Farm Payroll. Okay? So just to show you, just | ||
63 | |62 |00:05:36 ~-~-> 00:05:44 |to show you inquiring minds, just to show you that are always doubting, | ||
64 | |63 |00:05:44 ~-~-> 00:05:52 |always having some fault with me. Okay, separate the man from the concepts. Go | ||
65 | |64 |00:05:52 ~-~-> 00:05:57 |back to the rules that I showed. Okay, you're getting distracted by the | ||
66 | |65 |00:05:57 ~-~-> 00:06:01 |performer and you're not paying attention to the logic. There's a | ||
67 | |66 |00:06:01 ~-~-> 00:06:06 |complete show that goes on when I'm educating, when I'm teaching and when | ||
68 | |67 |00:06:06 ~-~-> 00:06:13 |I'm actually executing. If you aren't able to watch the videos, take notes and | ||
69 | |68 |00:06:13 ~-~-> 00:06:17 |then go back and test it or look and see what it does the very next day, like I | ||
70 | |69 |00:06:17 ~-~-> 00:06:23 |did on Thursday night before midnight, going into Friday Non Farm Payroll. I | ||
71 | |70 |00:06:23 ~-~-> 00:06:30 |told you exactly where the Non Farm Payroll was going to go, showing you all | ||
72 | |71 |00:06:30 ~-~-> 00:06:35 |these slides, explaining all the opening range gap, the theory, the logic, and | ||
73 | |72 |00:06:35 ~-~-> 00:06:42 |then I said right at this slide, at the 17 minute and 48 second mark, go back | ||
74 | |73 |00:06:42 ~-~-> 00:06:46 |and watch that video. In fact, I even left a direct link in the comment | ||
75 | |74 |00:06:46 ~-~-> 00:06:49 |section of that video, so you can click on that. It'll take you right to the | ||
76 | |75 |00:06:49 ~-~-> 00:06:55 |segment of that video that I cannot edit. People download my videos as soon | ||
77 | |76 |00:06:55 ~-~-> 00:06:58 |as I put them up. They have that video in their hot little hands, just like you | ||
78 | |77 |00:06:58 ~-~-> 00:07:02 |did, and you either watched it right when it was delivered before nonprofit | ||
79 | |78 |00:07:02 ~-~-> 00:07:08 |role priced in at 830 the very next day, Eastern Time. Or you watched it in | ||
80 | |79 |00:07:09 ~-~-> 00:07:13 |review after the fact, maybe on Saturday, or maybe even today, on | ||
81 | |80 |00:07:13 ~-~-> 00:07:17 |Sunday, you watched it, but I took everybody's attention to this level | ||
82 | |81 |00:07:17 ~-~-> 00:07:23 |right here, when the price was up in this area here, we had yet to make the | ||
83 | |82 |00:07:23 ~-~-> 00:07:29 |midnight opening range for Friday. We have yet, at that time to make the | ||
84 | |83 |00:07:29 ~-~-> 00:07:36 |opening range regular trading hours for Friday. We haven't created either of | ||
85 | |84 |00:07:36 ~-~-> 00:07:40 |those things. And I pointed right to this level, right here, because that's | ||
86 | |85 |00:07:40 ~-~-> 00:07:48 |exactly what my algorithm is going to take price period. So that brings us to | ||
87 | |86 |00:07:49 ~-~-> 00:07:55 |today. Here's what we had note. The chart is over here, registrating hours | ||
88 | |87 |00:07:56 ~-~-> 00:08:01 |at River, trading hours at 930 on Friday, the market opened up right here | ||
89 | |88 |00:08:01 ~-~-> 00:08:08 |and traded down. How much of a range was that opening range gap? It was greater | ||
90 | |89 |00:08:08 ~-~-> 00:08:13 |than 120 handles, wasn't it? So what does that mean? It's not likely to fill | ||
91 | |90 |00:08:13 ~-~-> 00:08:20 |in. Go back and watch the logic that there's nothing useful in the video. I'm | ||
92 | |91 |00:08:20 ~-~-> 00:08:23 |not dancing for people that leave comments like I just I'm just making | ||
93 | |92 |00:08:23 ~-~-> 00:08:28 |sure you understand that I'm not going to give anybody a stage to troll or act | ||
94 | |93 |00:08:28 ~-~-> 00:08:32 |stupid or be a comedian. Either you're going to come to the channel and learn, | ||
95 | |94 |00:08:32 ~-~-> 00:08:35 |or you're not going to come to the channel and learn, and you're just going | ||
96 | |95 |00:08:35 ~-~-> 00:08:39 |to waste your time leaving comments that I can see one time I laugh at you and | ||
97 | |96 |00:08:39 ~-~-> 00:08:43 |then I delete it. In fact, I showed these comments to my private mentorship | ||
98 | |97 |00:08:43 ~-~-> 00:08:47 |students. We have a fun and laugh at all of you that think that this stuff | ||
99 | |98 |00:08:47 ~-~-> 00:08:51 |doesn't work like I love it. I absolutely love it, but I'm not going to | ||
100 | |99 |00:08:51 ~-~-> 00:08:55 |give you a state so you can get famous, okay, for being you know, a blow heart | ||
101 | |100 |00:08:55 ~-~-> 00:09:00 |about something that you don't even know. So again, annotation here, see the | ||
102 | |101 |00:09:00 ~-~-> 00:09:06 |previous lecture video and 17 minute 48 second minute mark, you'll hear me | ||
103 | |102 |00:09:06 ~-~-> 00:09:09 |explain that that's exactly where the market's going to go before Non Farm | ||
104 | |103 |00:09:09 ~-~-> 00:09:16 |Payroll. Okay, so knowing where the market's going to draw to that's the | ||
105 | |104 |00:09:16 ~-~-> 00:09:20 |most important critical thing, because all of these gaps, all these concepts, | ||
106 | |105 |00:09:20 ~-~-> 00:09:24 |these smart money concepts, they're not going to help you unless you still can | ||
107 | |106 |00:09:24 ~-~-> 00:09:28 |read where price is going to go. Now, why did I pick that level? Why did I | ||
108 | |107 |00:09:28 ~-~-> 00:09:31 |think it was going to go down there? Well, it's obvious to you. Now, if | ||
109 | |108 |00:09:31 ~-~-> 00:09:34 |you've been a student of mine, you can see it's a market maker. Sell model, | ||
110 | |109 |00:09:34 ~-~-> 00:09:38 |original consolidation, rallies up, accumulation, re accumulation, Smart | ||
111 | |110 |00:09:38 ~-~-> 00:09:44 |Money reversal, low risk, sell you. Redistribution, second stage | ||
112 | |111 |00:09:44 ~-~-> 00:09:49 |distribution. That's what we were at. And then we gap down, not going to fill | ||
113 | |112 |00:09:49 ~-~-> 00:09:52 |the gap, because I gave you the logic of the algorithm is going to follow in the | ||
114 | |113 |00:09:52 ~-~-> 00:09:59 |previous video. And Down she goes, right below that. 20,009 83.75, level. Oh, | ||
115 | |114 |00:09:59 ~-~-> 00:10:08 |yeah. Yeah. Now this is our open range gap for Friday's nine Farm Payroll. | ||
116 | |115 |00:10:08 ~-~-> 00:10:08 |We're | ||
117 | |116 |00:10:09 ~-~-> 00:10:12 |going to have that information. You can see it clear over here when I take the | ||
118 | |117 |00:10:12 ~-~-> 00:10:17 |January thirds opening range gap off. Notice that I'm drawing the FIB down | ||
119 | |118 |00:10:17 ~-~-> 00:10:21 |from that closing price to the open so you can see the fib level upper quadrant | ||
120 | |119 |00:10:21 ~-~-> 00:10:26 |is point seven, five. Real important, because that way, without knowing that | ||
121 | |120 |00:10:26 ~-~-> 00:10:31 |when I go through the commentary, you're going to get tripped up because you | ||
122 | |121 |00:10:31 ~-~-> 00:10:35 |haven't taken notes, I'm not making mistakes in these videos. I'm telling | ||
123 | |122 |00:10:35 ~-~-> 00:10:38 |you the logic, and I'm telling you these rules, so that way you know what it is | ||
124 | |123 |00:10:38 ~-~-> 00:10:44 |that I'm referring to. Incidentally, when I talk about when I was on Twitter, | ||
125 | |124 |00:10:44 ~-~-> 00:10:48 |and I was doing Twitter spaces and whatnot, and in 2022 when I first taught | ||
126 | |125 |00:10:48 ~-~-> 00:10:53 |inversion fair value gaps, and first presented fair value gap, that was in a | ||
127 | |126 |00:10:53 ~-~-> 00:10:57 |lecture series, just talking, there was no charts about it, and I was dropping | ||
128 | |127 |00:10:57 ~-~-> 00:11:01 |bread comes in 2022 for people that were paying attention. It was always put in | ||
129 | |128 |00:11:01 ~-~-> 00:11:06 |the deepest part of the four hour long, you know, Twitter space, where nobody | ||
130 | |129 |00:11:06 ~-~-> 00:11:10 |really has the longevity to stay with it, unless they really want to learn. | ||
131 | |130 |00:11:10 ~-~-> 00:11:15 |Well, having these rule based ideas and having these key levels, I get | ||
132 | |131 |00:11:15 ~-~-> 00:11:19 |questioned all the time. Can you show us your notepad? Because I don't like to | ||
133 | |132 |00:11:19 ~-~-> 00:11:22 |have all this stuff on my chart, and you'll see why. In a moment, you'll | ||
134 | |133 |00:11:22 ~-~-> 00:11:26 |quickly see why in a moment. I don't have all this stuff on my chart when I'm | ||
135 | |134 |00:11:26 ~-~-> 00:11:30 |trading, but I have a little yellow notepad, okay, little, small, little | ||
136 | |135 |00:11:30 ~-~-> 00:11:34 |notepad. And every day, I have all of these levels. What levels, the levels | ||
137 | |136 |00:11:34 ~-~-> 00:11:37 |you're seeing right here, the levels that were over here on the January 3 | ||
138 | |137 |00:11:37 ~-~-> 00:11:44 |opening range, gap, the opening price, the midnight opening range. Okay, the | ||
139 | |138 |00:11:44 ~-~-> 00:11:48 |opening range of 930, to 10 o'clock. All of the quadrants, the consequent | ||
140 | |139 |00:11:48 ~-~-> 00:11:53 |encroachment levels, previous days, high, previous days low, highest high | ||
141 | |140 |00:11:53 ~-~-> 00:11:56 |and the lowest low. The previous week, the highest high and the lowest low last | ||
142 | |141 |00:11:56 ~-~-> 00:12:01 |three days. These are all things that I have written down now because I just | ||
143 | |142 |00:12:01 ~-~-> 00:12:06 |told you this, you can see now quickly that it would have been a dud if I just | ||
144 | |143 |00:12:06 ~-~-> 00:12:10 |would have showed you the picture of the pack, because it like, what's this? But | ||
145 | |144 |00:12:10 ~-~-> 00:12:15 |it's the secret. It's the source code. That's exactly what the price is going | ||
146 | |145 |00:12:15 ~-~-> 00:12:19 |to do. But in your hands, having those numbers, it's useless to you unless you | ||
147 | |146 |00:12:19 ~-~-> 00:12:22 |know what I've already taught in my YouTube channel. I've already taught you | ||
148 | |147 |00:12:22 ~-~-> 00:12:24 |how to find the draw on liquidity. I've already taught you how to do those | ||
149 | |148 |00:12:24 ~-~-> 00:12:28 |things. I've already taught you how to determine the bias. So once you have | ||
150 | |149 |00:12:28 ~-~-> 00:12:33 |that first critical thing under your belt, then all these other things become | ||
151 | |150 |00:12:33 ~-~-> 00:12:36 |useful to you, like the rules I gave you, when there's an opening range gap, | ||
152 | |151 |00:12:36 ~-~-> 00:12:40 |how much is an opening range gap? That says, Nope, I'm not going to look for a | ||
153 | |152 |00:12:40 ~-~-> 00:12:46 |gap fill. I taught you that. I taught you that you think it was like a | ||
154 | |153 |00:12:46 ~-~-> 00:12:49 |coincidence that I taught you that in the very next day. I'm going to show you | ||
155 | |154 |00:12:49 ~-~-> 00:12:55 |that I used it. No, it's not, it's not a coincidence. But let's go on. We're | ||
156 | |155 |00:12:57 ~-~-> 00:13:01 |going to take you into the one minute chart here, you can see now. This is the | ||
157 | |156 |00:13:01 ~-~-> 00:13:09 |one minute chart of the NASDAQ March 2025, and this is showing the midnight | ||
158 | |157 |00:13:09 ~-~-> 00:13:13 |opening range. Okay, so midnight opening range, it's not a gap, it's just a | ||
159 | |158 |00:13:13 ~-~-> 00:13:18 |range, just like the opening range for 930 to 10 o'clock Eastern time in the | ||
160 | |159 |00:13:18 ~-~-> 00:13:23 |morning session, or when regular trading out or start trading for indices. I just | ||
161 | |160 |00:13:23 ~-~-> 00:13:29 |reminded myself, these things work in forex, okay, but as I taught and told | ||
162 | |161 |00:13:29 ~-~-> 00:13:33 |you at the beginning, let me go through this portion of the content with | ||
163 | |162 |00:13:33 ~-~-> 00:13:37 |indices, because I'm going to be predominantly trading indices. So I want | ||
164 | |163 |00:13:37 ~-~-> 00:13:41 |to give all the rules and get through all this stuff, and then later on, I'll | ||
165 | |164 |00:13:41 ~-~-> 00:13:45 |put little bullet points on for the votes are only trading Forex that way. | ||
166 | |165 |00:13:45 ~-~-> 00:13:48 |You can implement it and use it there, but none of this stuff is different at | ||
167 | |166 |00:13:48 ~-~-> 00:13:52 |all. It's all the same thing. Everything I've taught thus far still applies to | ||
168 | |167 |00:13:52 ~-~-> 00:13:57 |Forex. Okay, so just hold your horses. Okay, some of you are very, very | ||
169 | |168 |00:13:57 ~-~-> 00:14:01 |insistent that I talk about forex every time I get on YouTube, and that's simply | ||
170 | |169 |00:14:01 ~-~-> 00:14:05 |not going to happen. But when it's salient or when it's applicable, I am | ||
171 | |170 |00:14:05 ~-~-> 00:14:09 |going to tell you this is what it is. And you're going to see me trading Forex | ||
172 | |171 |00:14:09 ~-~-> 00:14:12 |this year. Okay, you're going to see me doing it with a real account, with | ||
173 | |172 |00:14:12 ~-~-> 00:14:16 |forex.com so please let me go through the curriculum the way I want to go | ||
174 | |173 |00:14:16 ~-~-> 00:14:19 |through the curriculum. Okay, no one's going to make me go through it faster, | ||
175 | |174 |00:14:19 ~-~-> 00:14:22 |and you're not going to deviate and change the way I'm going to do it. So | ||
176 | |175 |00:14:22 ~-~-> 00:14:25 |just stop waiting. Stop wasting your time leaving comments that I don't ever | ||
177 | |176 |00:14:25 ~-~-> 00:14:29 |care to hear from you ever again because you're too demanding. Like my wife is | ||
178 | |177 |00:14:29 ~-~-> 00:14:33 |the only one I give that authority to, and she's nowhere near as the meaning of | ||
179 | |178 |00:14:33 ~-~-> 00:14:39 |some of you folks are. So if you look at the opening range, this is the lowest | ||
180 | |179 |00:14:39 ~-~-> 00:14:45 |low in that range between 12 and 1230 and here's the highest high of the range | ||
181 | |180 |00:14:45 ~-~-> 00:14:50 |of 12 to 1230 if you use the levels like avian in terms of projection, it's 0.5 | ||
182 | |181 |00:14:51 ~-~-> 00:15:00 |and 0.1 or point one. By having that, it gives us a rough idea. The algorithm is | ||
183 | |182 |00:15:00 ~-~-> 00:15:06 |going to do, and it's in close proximity to this extreme, at negative one, that | ||
184 | |183 |00:15:06 ~-~-> 00:15:13 |the daily high will form. Now, simple caveat here, okay, if there's ever a day | ||
185 | |184 |00:15:13 ~-~-> 00:15:16 |like Non Farm Payroll, we already know that Non Farm Payroll is going to have | ||
186 | |185 |00:15:16 ~-~-> 00:15:22 |an enormous amount of manipulation. It's going to have a lot of extras in there, | ||
187 | |186 |00:15:22 ~-~-> 00:15:27 |because the market's going to be pushed around, and intervention is going to go | ||
188 | |187 |00:15:27 ~-~-> 00:15:33 |through the roof. So because of that, these numbers won't be as precise on a | ||
189 | |188 |00:15:33 ~-~-> 00:15:39 |FOMC day or a nonprofit payroll day, so just know that, and like a CPI day too. | ||
190 | |189 |00:15:40 ~-~-> 00:15:43 |So those are kind of like heavy hitter days, and you just got to be aware that | ||
191 | |190 |00:15:43 ~-~-> 00:15:48 |it might not be as perfect as it would be on other days. So with that caveat | ||
192 | |191 |00:15:48 ~-~-> 00:15:54 |introduced, we're going to look at it now, right, so you can see how the | ||
193 | |192 |00:15:54 ~-~-> 00:16:00 |market did. In fact, rally up just went beyond the negative one standard | ||
194 | |193 |00:16:00 ~-~-> 00:16:07 |deviation of the Midnight opening range, then broke lower, create a fair value | ||
195 | |194 |00:16:07 ~-~-> 00:16:11 |gap right there, and notice how that delivered to consequent encroachment of | ||
196 | |195 |00:16:11 ~-~-> 00:16:18 |that gap and negative 0.5 level, and then it drops off precipitously and | ||
197 | |196 |00:16:18 ~-~-> 00:16:23 |trades down into predetermined ranges that I've already taught you how to use | ||
198 | |197 |00:16:23 ~-~-> 00:16:30 |now. And here is the later in the morning session. You can see all of that | ||
199 | |198 |00:16:30 ~-~-> 00:16:34 |that drop down I just showed you in the previous slide. We went to here. Then we | ||
200 | |199 |00:16:34 ~-~-> 00:16:40 |went up into the midnight open range, or opening range, and worked all the levels | ||
201 | |200 |00:16:40 ~-~-> 00:16:45 |in between the high and the low, and shade in the purple. And then in here, | ||
202 | |201 |00:16:46 ~-~-> 00:16:50 |right before Non Farm Payroll at 830 Eastern Time Friday morning, the market | ||
203 | |202 |00:16:50 ~-~-> 00:16:56 |does, in fact, does its little stop run. And anyone short? And I was short, | ||
204 | |203 |00:16:56 ~-~-> 00:17:01 |initially with one contract, and then over micro, and then it stopped me out, | ||
205 | |204 |00:17:01 ~-~-> 00:17:03 |and then I went in and again, after getting stopped out, because I | ||
206 | |205 |00:17:04 ~-~-> 00:17:09 |understand what it's likely to do, and that huge pool of liquidity I outlined | ||
207 | |206 |00:17:09 ~-~-> 00:17:15 |on Thursday night ahead of Non Farm Payroll was absolutely going to be | ||
208 | |207 |00:17:15 ~-~-> 00:17:19 |delivered, and I was going to aim for that, but I don't want to ride through | ||
209 | |208 |00:17:19 ~-~-> 00:17:22 |the 830 all the way to 930 So I'm just going to take something that makes | ||
210 | |209 |00:17:22 ~-~-> 00:17:27 |sense. That makes sense make a nice little chunk of change without risking a | ||
211 | |210 |00:17:27 ~-~-> 00:17:31 |whole lot of money. And it was with real money when I did it. So make sure you | ||
212 | |211 |00:17:31 ~-~-> 00:17:36 |understand that. But it was a really, really nice drop, and you can see here. | ||
213 | |212 |00:17:36 ~-~-> 00:17:42 |Now notice it, this says micro. Okay. Micro means it's $2 per point. I went | ||
214 | |213 |00:17:42 ~-~-> 00:17:48 |short here, trading in a fair value gap, and then it ran up above here, taking my | ||
215 | |214 |00:17:48 ~-~-> 00:17:54 |stop, rallying a little bit higher, and then I wanted to see it go short from | ||
216 | |215 |00:17:54 ~-~-> 00:17:58 |there. After taking my stop, I felt confident that okay, I was premature. It | ||
217 | |216 |00:17:58 ~-~-> 00:18:02 |wasn't much money. It was literally, like 60 bucks, or not even that, really. | ||
218 | |217 |00:18:03 ~-~-> 00:18:08 |And then it breaks aggressively lower after entering three contracts of the | ||
219 | |218 |00:18:08 ~-~-> 00:18:14 |micro and then I took my profit down here just in the same one minute | ||
220 | |219 |00:18:14 ~-~-> 00:18:20 |interval. So in one minute it was like $1,000 just like bang. Just like that, | ||
221 | |220 |00:18:20 ~-~-> 00:18:25 |using micros. Now, I'm not telling you to do this with your real money. I'm not | ||
222 | |221 |00:18:25 ~-~-> 00:18:28 |telling you to do this with your funded accounts. I'm not telling you to do this | ||
223 | |222 |00:18:28 ~-~-> 00:18:32 |with your demo account. I'm not telling you to do this at all. I'm just showing | ||
224 | |223 |00:18:32 ~-~-> 00:18:37 |you the things that many of you have asked for all the time. Show me, show | ||
225 | |224 |00:18:37 ~-~-> 00:18:40 |me, show me, you can't do this. You're a liar, you're a scammer, you're a fraud. | ||
226 | |225 |00:18:40 ~-~-> 00:18:45 |You don't trade with real Oh, I forgot to show you that's a Live account, but I | ||
227 | |226 |00:18:45 ~-~-> 00:18:50 |was a little off of my timing. Sorry. But clearly you can see you we're | ||
228 | |227 |00:18:50 ~-~-> 00:18:54 |dealing with a real account here. So if you don't know what that means, right | ||
229 | |228 |00:18:54 ~-~-> 00:19:04 |down here says amp live. They don't give you that for a amp demo. Okay, so at the | ||
230 | |229 |00:19:04 ~-~-> 00:19:07 |time of this recording, you can see that that little dash right there says that | ||
231 | |230 |00:19:07 ~-~-> 00:19:10 |the market has not opened up because it's Sunday. If you look at the time | ||
232 | |231 |00:19:10 ~-~-> 00:19:16 |down here, okay, I'm making the video before six o'clock. Now, by the time you | ||
233 | |232 |00:19:16 ~-~-> 00:19:19 |watch it, it'll probably be after six o'clock, but everything is being | ||
234 | |233 |00:19:19 ~-~-> 00:19:24 |recorded here on Sunday. All right, so for the folks that say you can't make | ||
235 | |234 |00:19:24 ~-~-> 00:19:29 |money with micro contracts, they're they're a liar. They don't know what | ||
236 | |235 |00:19:29 ~-~-> 00:19:34 |you're talking about. And if you do want to scratch that itch, and you want to | ||
237 | |236 |00:19:34 ~-~-> 00:19:37 |trade Non Farm Payroll and you don't want to listen to sound logic, as a lot | ||
238 | |237 |00:19:38 ~-~-> 00:19:41 |of you, apparently, in the comment section, is living like that. So if you | ||
239 | |238 |00:19:41 ~-~-> 00:19:45 |want to do those types of things, trade with one micro contract that way, when | ||
240 | |239 |00:19:45 ~-~-> 00:19:48 |you're wrong and you're going to be wrong more times than you ever thought | ||
241 | |240 |00:19:48 ~-~-> 00:19:53 |you would be, it won't hurt you that bad. Okay, don't look at these types of | ||
242 | |241 |00:19:53 ~-~-> 00:19:59 |moves and think, man, if I'm right and I could do 30 contracts of the many, I can | ||
243 | |242 |00:19:59 ~-~-> 00:20:02 |make so much money. And time set by 20 accounts linked up on a funded account, | ||
244 | |243 |00:20:02 ~-~-> 00:20:05 |and that could be the next legend. | ||
245 | |244 |00:20:07 ~-~-> 00:20:10 |No, you're not. You're not. You're gonna hurt yourself. You got to pay more reset | ||
246 | |245 |00:20:10 ~-~-> 00:20:13 |fees and pay these jokers that run these companies. Okay, so that's what you're | ||
247 | |246 |00:20:13 ~-~-> 00:20:17 |really going to do, and I'm just here to remind you that's exactly what's going | ||
248 | |247 |00:20:17 ~-~-> 00:20:21 |to happen to you. So to save yourself a whole lot of drama and heartache and | ||
249 | |248 |00:20:21 ~-~-> 00:20:25 |financial loss, just trade with one micro and you, if you're being sober | ||
250 | |249 |00:20:25 ~-~-> 00:20:29 |minded, you will see quickly that this is a carnival ride, unless you have | ||
251 | |250 |00:20:29 ~-~-> 00:20:33 |insight that I'm never going to fully divulge the public. So that's why I tell | ||
252 | |251 |00:20:33 ~-~-> 00:20:37 |you, don't trade it. But I know what I'm doing. I know what I'm doing, but I know | ||
253 | |252 |00:20:37 ~-~-> 00:20:40 |that you're not going to follow my rules. The folks that were leaving | ||
254 | |253 |00:20:40 ~-~-> 00:20:43 |comments in the previous video didn't even notice that I told notice that I | ||
255 | |254 |00:20:43 ~-~-> 00:20:46 |told them exactly where the non farm peer was going to go, how it was going | ||
256 | |255 |00:20:46 ~-~-> 00:20:49 |to behave. The gaps won't close because it's moved this many handles, all these | ||
257 | |256 |00:20:49 ~-~-> 00:20:54 |things, all these things. Okay, but now we're going to segue and leave this | ||
258 | |257 |00:20:54 ~-~-> 00:20:57 |part, because these are the parts that the folks that don't really follow the | ||
259 | |258 |00:20:57 ~-~-> 00:21:00 |channel but they want to leave comments, they'll say, You talk too much. Okay, | ||
260 | |259 |00:21:00 ~-~-> 00:21:05 |no, I'm answering lots and lots of questions. Okay, some of these questions | ||
261 | |260 |00:21:05 ~-~-> 00:21:09 |you don't, you don't ever see, and I'm addressing all of them, and just because | ||
262 | |261 |00:21:09 ~-~-> 00:21:12 |you never thought about it, or you don't think it applies to you, you're not the | ||
263 | |262 |00:21:12 ~-~-> 00:21:16 |only audience member. Okay, so I don't care about your comments. When you say | ||
264 | |263 |00:21:16 ~-~-> 00:21:20 |you talk too much, I see your comment, but I'll never see your comment again, | ||
265 | |264 |00:21:20 ~-~-> 00:21:26 |you're welcome to keep leaving more though. All right, so later in the day, | ||
266 | |265 |00:21:26 ~-~-> 00:21:31 |okay, later in the day when we get through 930 opening bell and we start | ||
267 | |266 |00:21:31 ~-~-> 00:21:36 |working inside of that opening range between 930 and 10 o'clock. Now this is | ||
268 | |267 |00:21:36 ~-~-> 00:21:42 |the part where I use the next participation phase of this model, which | ||
269 | |268 |00:21:42 ~-~-> 00:21:48 |is first presented fair value gap. I taught this in audio lecture in 2022 | ||
270 | |269 |00:21:49 ~-~-> 00:21:53 |you're welcome to go through YouTube, because there's a number of people that | ||
271 | |270 |00:21:53 ~-~-> 00:21:56 |would record them, because I didn't want those Twitter spaces on my YouTube | ||
272 | |271 |00:21:56 ~-~-> 00:22:01 |channel, so I gave permission for anyone that wanted to upload it, and they can | ||
273 | |272 |00:22:01 ~-~-> 00:22:04 |run in ads on it. I don't care. There was a lot of things that I didn't want | ||
274 | |273 |00:22:04 ~-~-> 00:22:08 |that content on my YouTube channel because, number one, I spoke with really | ||
275 | |274 |00:22:08 ~-~-> 00:22:12 |blue collar language. I was performing as, like, the Stone Cold Steve Austin of | ||
276 | |275 |00:22:12 ~-~-> 00:22:18 |of trading. It's kind of like my always been my character, and I'm not really | ||
277 | |276 |00:22:18 ~-~-> 00:22:24 |that guy. I'm really this guy, like, I'm just the dad, okay, the internet dad | ||
278 | |277 |00:22:24 ~-~-> 00:22:27 |that likes to make dad jokes, and sometimes it sounds like narcissism, but | ||
279 | |278 |00:22:27 ~-~-> 00:22:31 |it's just me twisting that knife in the people that really don't see through me. | ||
280 | |279 |00:22:31 ~-~-> 00:22:36 |And the first presented fair value gap that I introduced in 2022 and inversion | ||
281 | |280 |00:22:36 ~-~-> 00:22:40 |fair value gap was introduced in 2022 you can find all those Twitter spaces if | ||
282 | |281 |00:22:40 ~-~-> 00:22:47 |you just search on YouTube, not to be ignorant. There's so many of you that do | ||
283 | |282 |00:22:47 ~-~-> 00:22:53 |it. I just know that if you do a search on Twitter spaces from ICT, you'll find | ||
284 | |283 |00:22:53 ~-~-> 00:22:58 |them okay. And just know that you probably shouldn't listen to them with | ||
285 | |284 |00:22:58 ~-~-> 00:23:02 |children around, because I'm going to be using language in them, because I was | ||
286 | |285 |00:23:02 ~-~-> 00:23:08 |performing as a character, as a caricature, okay? And it's meant to get | ||
287 | |286 |00:23:08 ~-~-> 00:23:12 |people's attention, so that way you listen to me, okay? But I want to leave | ||
288 | |287 |00:23:12 ~-~-> 00:23:16 |that that persona, because it's not necessary, because I have almost 2 | ||
289 | |288 |00:23:16 ~-~-> 00:23:21 |million people here soon, and that's enough people, so I don't need to build | ||
290 | |289 |00:23:21 ~-~-> 00:23:26 |a crowd anymore, but the first presented fair value gap is the first presented | ||
291 | |290 |00:23:26 ~-~-> 00:23:30 |fair value gap that forms on a one minute chart from my model. And a lot of | ||
292 | |291 |00:23:30 ~-~-> 00:23:33 |this has to do with Caleb's model. So really, what I'm showing you here is a | ||
293 | |292 |00:23:33 ~-~-> 00:23:38 |lot of things I was never going to teach you from Caleb's trading model. Okay, so | ||
294 | |293 |00:23:38 ~-~-> 00:23:42 |all the things that we've talked about up to this point, they're all part of | ||
295 | |294 |00:23:42 ~-~-> 00:23:46 |what he was learning that you were never going to learn from me. But because if | ||
296 | |295 |00:23:46 ~-~-> 00:23:50 |I'm going to sit down and trade with real money and show broker statements, | ||
297 | |296 |00:23:50 ~-~-> 00:23:53 |you know, I kind of like want to have a full documentation of what it is I'm | ||
298 | |297 |00:23:53 ~-~-> 00:24:00 |doing, right? So that's what we're doing here. So if you look at the gap right | ||
299 | |298 |00:24:00 ~-~-> 00:24:05 |here, you see that what that also overlaps with is, if you see this wick, | ||
300 | |299 |00:24:06 ~-~-> 00:24:10 |this is a discount wick, but when price is below, it that discount wick becomes | ||
301 | |300 |00:24:10 ~-~-> 00:24:16 |an inversion premium. Now, right? So the market trades up into even if there was | ||
302 | |301 |00:24:16 ~-~-> 00:24:21 |no gap there, I would use that level in and of itself. I would never do that. | ||
303 | |302 |00:24:21 ~-~-> 00:24:24 |Well, that's you. That's not me, because I'm trading for this level down here | ||
304 | |303 |00:24:24 ~-~-> 00:24:29 |that I told you Thursday night before Friday even began, before Non Farm | ||
305 | |304 |00:24:29 ~-~-> 00:24:35 |Payroll Friday ever even happened. I told you this is that level. That purple | ||
306 | |305 |00:24:35 ~-~-> 00:24:41 |level is that little 17 minute, 48 second minute marker of the video | ||
307 | |306 |00:24:41 ~-~-> 00:24:47 |teaching about opening range caps. So here, this is the very first presented | ||
308 | |307 |00:24:47 ~-~-> 00:24:53 |fair value gap of the morning since 931 it can't be the gap if it forms on 930 | ||
309 | |308 |00:24:53 ~-~-> 00:24:59 |candle. You have to wait. That was the rules for Caleb. Well, you can see this | ||
310 | |309 |00:24:59 ~-~-> 00:25:06 |here. Earlier, too early. This is the first one. So in this little shaded area | ||
311 | |310 |00:25:06 ~-~-> 00:25:12 |here, that's my first presented fair value gap. Now you might look at this | ||
312 | |311 |00:25:12 ~-~-> 00:25:16 |and say, Well, you got that drawn differently. I'm drawing it like that | ||
313 | |312 |00:25:16 ~-~-> 00:25:21 |because I'm not going to just use that wick high. I'm going to use these, this | ||
314 | |313 |00:25:22 ~-~-> 00:25:26 |overlap of these two candles bodies, because I want to get as close as I can | ||
315 | |314 |00:25:26 ~-~-> 00:25:31 |to these relative equal lows, but still use the framework of the fair value gap, | ||
316 | |315 |00:25:31 ~-~-> 00:25:34 |which is why I said, all these people said I found the secret to fair value | ||
317 | |316 |00:25:34 ~-~-> 00:25:37 |gaps on YouTube, and I'm going to teach it to you. You don't know what you're | ||
318 | |317 |00:25:37 ~-~-> 00:25:40 |talking about. Okay, you had a personal epiphany. That's fine, but you don't | ||
319 | |318 |00:25:40 ~-~-> 00:25:43 |know what you're talking about. You don't know the logic. You have no idea | ||
320 | |319 |00:25:43 ~-~-> 00:25:46 |what you're talking about, and has always little catch phrase, you know, | ||
321 | |320 |00:25:46 ~-~-> 00:25:50 |click bait, titles. Those things will eventually hurt you over time, because | ||
322 | |321 |00:25:50 ~-~-> 00:25:55 |when I'm releasing my real content in the depths of where I'm going to go with | ||
323 | |322 |00:25:55 ~-~-> 00:26:01 |it, it answers your stuff as ill equipped, not informed, and, frankly, | ||
324 | |323 |00:26:01 ~-~-> 00:26:06 |just incorrect. So it just be careful, because if you think you found something | ||
325 | |324 |00:26:07 ~-~-> 00:26:10 |and you're going to put it out there, I'm probably going to run over top of it | ||
326 | |325 |00:26:10 ~-~-> 00:26:14 |this year, and I'm not aiming for anybody. I'm just teaching my content. | ||
327 | |326 |00:26:14 ~-~-> 00:26:17 |But it's probably going to hurt a lot of you guys out there that want to be | ||
328 | |327 |00:26:17 ~-~-> 00:26:20 |heroes on YouTube or social media, Facebook, tick, not Tick, tock, whatever | ||
329 | |328 |00:26:21 ~-~-> 00:26:26 |Instagrammers. So you can see that I wanted to go short here and now because | ||
330 | |329 |00:26:26 ~-~-> 00:26:32 |we're not trading the Non Farm Payroll. That's after this is after that 830 so | ||
331 | |330 |00:26:32 ~-~-> 00:26:37 |we're we're inside of the opening range to 930 and 10 o'clock. So between 930 | ||
332 | |331 |00:26:37 ~-~-> 00:26:42 |and 10 o'clock, that 30 minutes I'm waiting for that first fair value gap. | ||
333 | |332 |00:26:42 ~-~-> 00:26:47 |But what direction am I trading in that purple line? That's that level I told | ||
334 | |333 |00:26:47 ~-~-> 00:26:51 |you on Thursday night. So that's the draw on liquidity. I'm not interested in | ||
335 | |334 |00:26:51 ~-~-> 00:26:56 |going long. I'm not interested in just seeing the market trade below these | ||
336 | |335 |00:26:56 ~-~-> 00:26:59 |relative equal lows. Not interested in that. I'm interested in the market | ||
337 | |336 |00:26:59 ~-~-> 00:27:04 |dropping aggressively into that purple level at 20,009 83, and point seven, | ||
338 | |337 |00:27:04 ~-~-> 00:27:09 |five. That's what I'm aiming for. That's the very thing I'm anticipating price | ||
339 | |338 |00:27:09 ~-~-> 00:27:12 |deliver to I'm not trying to be long. I'm not trying to buy. I'm not trying to | ||
340 | |339 |00:27:12 ~-~-> 00:27:17 |go long. Okay? I'm not trying to look for reversals. I'm not expecting these | ||
341 | |340 |00:27:17 ~-~-> 00:27:20 |moves just to go below these relative equal lows and peter out and go higher. | ||
342 | |341 |00:27:20 ~-~-> 00:27:24 |I'm not looking for it to go below this low and be done. I'm looking for it to | ||
343 | |342 |00:27:24 ~-~-> 00:27:29 |have a sustained price run to that purple level there. And that's why my | ||
344 | |343 |00:27:29 ~-~-> 00:27:36 |entry is here at 21,001 23.25 and covering on a limit as it reached at | ||
345 | |344 |00:27:36 ~-~-> 00:27:46 |20,009 75.75 which is below 980, 3.75 so and of course, this is not micro, it's | ||
346 | |345 |00:27:46 ~-~-> 00:27:49 |These are mini contracts now, so it's a little bit different, just a little shy | ||
347 | |346 |00:27:49 ~-~-> 00:27:54 |of 12,000 if you had taken that trade, that's what you could have scratched the | ||
348 | |347 |00:27:54 ~-~-> 00:27:59 |itch with. So I want you to think about how we just blended all these things in | ||
349 | |348 |00:27:59 ~-~-> 00:28:02 |a very simplistic manner. It may not feel simplistic. It may not sound | ||
350 | |349 |00:28:02 ~-~-> 00:28:05 |simplistic to you because you're probably brand new, or you probably | ||
351 | |350 |00:28:05 ~-~-> 00:28:09 |casually watch my videos, and you really didn't take notes. You didn't go through | ||
352 | |351 |00:28:09 ~-~-> 00:28:12 |and do back testing. You didn't forward test it. You didn't walk forward and see | ||
353 | |352 |00:28:12 ~-~-> 00:28:16 |do the things I'm teaching in these videos hold up, because if they don't | ||
354 | |353 |00:28:16 ~-~-> 00:28:19 |hold up, you're quickly going to see that, and you're never going to have to | ||
355 | |354 |00:28:19 ~-~-> 00:28:23 |waste any time here. That's why I tell you to go through the content and hold | ||
356 | |355 |00:28:23 ~-~-> 00:28:29 |the logic to the task of, does it hold up? It's not me cherry picking anything. | ||
357 | |356 |00:28:29 ~-~-> 00:28:34 |It's me showing you what I'm using when I'm looking at the chart, when I'm | ||
358 | |357 |00:28:34 ~-~-> 00:28:38 |anticipating it, I'm looking for these things to deliver. Because it's based on | ||
359 | |358 |00:28:38 ~-~-> 00:28:42 |the source code of the algorithm. You can think there in an algorithm all you | ||
360 | |359 |00:28:42 ~-~-> 00:28:46 |want, but the bottom line is, it is. It's going to use these levels over and | ||
361 | |360 |00:28:46 ~-~-> 00:28:50 |over and over again when the market's no longer respecting these levels, or if | ||
362 | |361 |00:28:50 ~-~-> 00:28:53 |I'm looking at pre market and they're just simply not paying any mind to those | ||
363 | |362 |00:28:53 ~-~-> 00:28:57 |levels, I'm going to sit on the sidelines and wait for the opening range | ||
364 | |363 |00:28:57 ~-~-> 00:29:00 |to complete. Then I'll trade silver bullet at 10 o'clock. That's how I'm | ||
365 | |364 |00:29:00 ~-~-> 00:29:03 |trading this year. Folks, if you want to real quick and don't have to worry about | ||
366 | |365 |00:29:03 ~-~-> 00:29:06 |watching any more videos, and you just want to wait until I start showing | ||
367 | |366 |00:29:06 ~-~-> 00:29:10 |executions and whatnot, you don't need to watch any more videos, because I just | ||
368 | |367 |00:29:10 ~-~-> 00:29:13 |basically explained everything. But it's not going to feel like that, because if | ||
369 | |368 |00:29:13 ~-~-> 00:29:16 |you haven't gone through my content, you have no idea what I just said. Sound | ||
370 | |369 |00:29:16 ~-~-> 00:29:22 |like word salad, but buttons are being pushed here, folks, the logics repeating | ||
371 | |370 |00:29:22 ~-~-> 00:29:26 |in the future, after I've divulged and told you the very specific elements | ||
372 | |371 |00:29:26 ~-~-> 00:29:29 |about what the price is going to do, when the price is going to do it, how | ||
373 | |372 |00:29:29 ~-~-> 00:29:32 |far it's going to go, when is it not going to fill a gap? All these things | ||
374 | |373 |00:29:32 ~-~-> 00:29:36 |I'm teaching you, the real algorithmic principles that repeat every single | ||
375 | |374 |00:29:36 ~-~-> 00:29:38 |week. Now, there's going to be deviations when that | ||
376 | |375 |00:29:40 ~-~-> 00:29:44 |intervention comes in, and I will fall victim, just like you will. I don't know | ||
377 | |376 |00:29:44 ~-~-> 00:29:47 |when, when they're going to simply say, Well, what we're going to teach some | ||
378 | |377 |00:29:47 ~-~-> 00:29:51 |humility today and rip the market 150 handles the other direction for no | ||
379 | |378 |00:29:51 ~-~-> 00:29:57 |unknown reason, that can happen. That's the UN expected risk that we all assume | ||
380 | |379 |00:29:57 ~-~-> 00:30:00 |if we're going to trade with real money. That's the real thing. You. That's the | ||
381 | |380 |00:30:00 ~-~-> 00:30:04 |real thing that is underlying with everybody's content. My Content is no | ||
382 | |381 |00:30:04 ~-~-> 00:30:07 |exception, just because I have stuff that is superior to everything else, | ||
383 | |382 |00:30:07 ~-~-> 00:30:12 |proving it beyond a shadow of a doubt, the most profitable students, the most | ||
384 | |383 |00:30:14 ~-~-> 00:30:19 |documented number of people that have gone through, even prop firm, companies, | ||
385 | |384 |00:30:19 ~-~-> 00:30:22 |it comes out of their mouth, their mouth, their most profitable students, | ||
386 | |385 |00:30:22 ~-~-> 00:30:27 |the most consistently profitable, not students, but patrons and customers, are | ||
387 | |386 |00:30:27 ~-~-> 00:30:33 |out of my fold. They're all ICT based Michael Huddleston logic, and you can't | ||
388 | |387 |00:30:33 ~-~-> 00:30:37 |deny that, but these are concepts that I had never, ever wanted to teach. I | ||
389 | |388 |00:30:37 ~-~-> 00:30:41 |didn't want to teach these things. This isn't it. This isn't the panacea, be | ||
390 | |389 |00:30:41 ~-~-> 00:30:45 |all, end all of ICT or Michael, but these are just really simple things I'm | ||
391 | |390 |00:30:45 ~-~-> 00:30:50 |going to apply in 2025 you watch me show you in an amp account, showing you the | ||
392 | |391 |00:30:50 ~-~-> 00:30:54 |broker statements, and you're going to see it again this year, but you're going | ||
393 | |392 |00:30:54 ~-~-> 00:30:59 |to see it also with a very, very small, shoestring budget. Imagine, if you will, | ||
394 | |393 |00:31:00 ~-~-> 00:31:04 |that you couldn't come up with $1,000 so you couldn't come up with $1,000 and you | ||
395 | |394 |00:31:04 ~-~-> 00:31:09 |really want to trade, and you're, you're listening to me, and you said, Well, | ||
396 | |395 |00:31:09 ~-~-> 00:31:13 |Michael said, If I'm going to trade with real money, I should trade with a micro | ||
397 | |396 |00:31:13 ~-~-> 00:31:17 |for a while first, and I should have at least $1,000 but I don't have it. So | ||
398 | |397 |00:31:17 ~-~-> 00:31:23 |what should I do? You wait. You wait. But do you do you need a lot of money | ||
399 | |398 |00:31:23 ~-~-> 00:31:26 |once you know what you're doing, what does that mean? Like, five years into | ||
400 | |399 |00:31:26 ~-~-> 00:31:30 |your trading, you know your model, you know your way around yourself. You're | ||
401 | |400 |00:31:30 ~-~-> 00:31:34 |not reckless. When you see these things occur in price, you know there's | ||
402 | |401 |00:31:34 ~-~-> 00:31:40 |opportunity. So you don't really need $1,000 so what I did was I ran the amp | ||
403 | |402 |00:31:40 ~-~-> 00:31:46 |account, up to a point where I could take out $60,000 did a withdrawal on | ||
404 | |403 |00:31:46 ~-~-> 00:31:53 |that, and then I had $600 I think it was a little bit over $600 after the wire | ||
405 | |404 |00:31:53 ~-~-> 00:32:00 |fees and whatnot. And I have did a little bit of scalping, and that account | ||
406 | |405 |00:32:00 ~-~-> 00:32:06 |is where I'm going to grow that $600 account up to whatever I want to do | ||
407 | |406 |00:32:06 ~-~-> 00:32:11 |before I close this lecture series out, hopefully this is a more direct way of | ||
408 | |407 |00:32:11 ~-~-> 00:32:13 |showing you how all these things are implemented, and you can see the | ||
409 | |408 |00:32:13 ~-~-> 00:32:18 |executions being done. And we're going to move further into this content in the | ||
410 | |409 |00:32:18 ~-~-> 00:32:21 |model itself throughout the course of this coming week until I talk to you | ||
411 | |410 |00:32:21 ~-~-> 00:32:25 |next time. Lord willing, good luck and good trading. You. |