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ICT YT - 2025-01-13 - 2025 Lecture Series - SMC Trading Opening Range Gaps

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