Wiki source code of ICT YT - 2025-01-15 - 2025 Lecture Series - SMC Trade Example 01-14-2025
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2 | |1 |00:00:12 ~-~-> 00:00:17 |ICT: Folks, this is an example of the model I'm employing this year. Here we | ||
3 | |2 |00:00:17 ~-~-> 00:00:24 |can see the market has dropped down below the 930 fair value gap. And I'm | ||
4 | |3 |00:00:25 ~-~-> 00:00:33 |executing on the basis of the lower half of that, Sibi at 930 candle and the | ||
5 | |4 |00:00:33 ~-~-> 00:00:37 |first presented fair value gap, which is not highlighted, but I'll highlight it | ||
6 | |5 |00:00:37 ~-~-> 00:00:45 |here. Now, wait when the market has broke lower into the new week opening | ||
7 | |6 |00:00:45 ~-~-> 00:00:51 |gap right now to approximately the high of the new week opening gap. And I'm | ||
8 | |7 |00:00:52 ~-~-> 00:01:03 |initially targeting the 830 low. I'll be looking to take off partial low the 10am | ||
9 | |8 |00:01:04 ~-~-> 00:01:14 |low. So I want to see price get real heavy in here, facing a pile of an order | ||
10 | |9 |00:01:14 ~-~-> 00:01:20 |below the 10am swing low, stop now has been lowered to the high of new week | ||
11 | |10 |00:01:20 ~-~-> 00:01:22 |opening gap plus one tick. | ||
12 | |11 |00:01:29 ~-~-> 00:01:31 |All right, so I want to see it remain heavy, | ||
13 | |12 |00:01:37 ~-~-> 00:01:45 |using that new week opening gap low into consequent encroachment of that new week | ||
14 | |13 |00:01:45 ~-~-> 00:01:51 |opening gap. That's a permissible range, and then drops aggressively, and my stop | ||
15 | |14 |00:01:51 ~-~-> 00:01:55 |loss has been lowered below consequent encroach on the new week opening gap, | ||
16 | |15 |00:01:55 ~-~-> 00:02:00 |which is those two purple lines. Okay. Limit order filled. So one partial is | ||
17 | |16 |00:02:00 ~-~-> 00:02:11 |taken there, and the stop now is lowered below the new week, opening gap low. I'm | ||
18 | |17 |00:02:11 ~-~-> 00:02:16 |setting a buy limit order, 30 low. | ||
19 | |18 |00:02:21 ~-~-> 00:02:27 |And the volatility of this, they stop me out here, and I'm going to look to go in | ||
20 | |19 |00:02:27 ~-~-> 00:02:29 |again and re short it. | ||
21 | |20 |00:02:40 ~-~-> 00:02:44 |Market, returning back into new week opening gap. It's consequence level | ||
22 | |21 |00:02:44 ~-~-> 00:02:45 |right here. | ||
23 | |22 |00:02:54 ~-~-> 00:02:58 |This breaks lower, below the new week opening gap low. So now I'm going to | ||
24 | |23 |00:02:58 ~-~-> 00:03:08 |place a cell limit order in here, they can trade to the midpoint. We're just | ||
25 | |24 |00:03:08 ~-~-> 00:03:13 |below where I have my stop loss. But I think it's going to leave a portion of | ||
26 | |25 |00:03:13 ~-~-> 00:03:18 |that gap open, loop the bodies respecting the new week opening gap low, | ||
27 | |26 |00:03:18 ~-~-> 00:03:23 |and I want to see it slowly but surely work its way down and make a lower low. | ||
28 | |27 |00:03:31 ~-~-> 00:03:39 |Then we are in macro time now, so price should start spoiling. What direction | ||
29 | |28 |00:03:39 ~-~-> 00:03:46 |lower? Okay, so it's done that here. Now I'm going to look to take another | ||
30 | |29 |00:03:46 ~-~-> 00:03:51 |partial. Once it makes a lower low. What do you think it's going to go lower? I | ||
31 | |30 |00:03:51 ~-~-> 00:04:00 |have a best case scenario trading down to 20,006 40 level, with a little order | ||
32 | |31 |00:04:00 ~-~-> 00:04:03 |below 37 and 50. | ||
33 | |32 |00:04:11 ~-~-> 00:04:16 |Okay. Price could tap the new week opening gap low again, it's that would | ||
34 | |33 |00:04:16 ~-~-> 00:04:20 |be permissible, but I'd rather see it continuously drop so | ||
35 | |34 |00:04:31 ~-~-> 00:04:35 |up that's institutional or financial entry drill, which is an entry into a | ||
36 | |35 |00:04:35 ~-~-> 00:04:44 |partial fair value gap. And we should see expansion to the downside and hit | ||
37 | |36 |00:04:44 ~-~-> 00:04:45 |that limit order. | ||
38 | |37 |00:04:54 ~-~-> 00:04:54 |She goes, I'm. | ||
39 | |38 |00:05:00 ~-~-> 00:05:08 |So what I'm doing is I'm allowing the market to expand in the direction of an | ||
40 | |39 |00:05:08 ~-~-> 00:05:14 |old daily low. Touch your daily chart, you'll see that that purple line all at | ||
41 | |40 |00:05:14 ~-~-> 00:05:18 |the bottom of the chart, where I have my limit order. That's simply just the best | ||
42 | |41 |00:05:18 ~-~-> 00:05:24 |case scenario. It's not necessarily what I demand, I'll be looking to take | ||
43 | |42 |00:05:24 ~-~-> 00:05:25 |another partial. | ||
44 | |43 |00:05:33 ~-~-> 00:05:35 |The stop has done been lowered. | ||
45 | |44 |00:05:41 ~-~-> 00:05:45 |One partial has been taken again, so now I'm in a position where I don't care if | ||
46 | |45 |00:05:45 ~-~-> 00:05:49 |it's thoughts me out if it continues, that's all the better. And I have to | ||
47 | |46 |00:05:49 ~-~-> 00:05:55 |walk away from the charts at this time so not aware of what it's doing. And | ||
48 | |47 |00:05:56 ~-~-> 00:06:04 |frankly, I really don't care. So I'll come back periodically and just peak and | ||
49 | |48 |00:06:04 ~-~-> 00:06:08 |see what price is doing. So I'm not really going to walk through anything in | ||
50 | |49 |00:06:08 ~-~-> 00:06:11 |here, because I wasn't watching at that time. | ||
51 | |50 |00:06:18 ~-~-> 00:06:21 |If I would have saw it, I would have been looking at that as a potential | ||
52 | |51 |00:06:21 ~-~-> 00:06:26 |inverted fair value gap with that large city that's built and my stock would be | ||
53 | |52 |00:06:26 ~-~-> 00:06:29 |in jeopardy. But again, I wasn't watching at the time, so | ||
54 | |53 |00:06:41 ~-~-> 00:06:46 |it came back, saw that I could potentially be stopped out using that | ||
55 | |54 |00:06:46 ~-~-> 00:06:49 |inversion fair value gap. So I'm not going to risk any more than that. So I'd | ||
56 | |55 |00:06:49 ~-~-> 00:06:50 |love her to stop there. I'm | ||
57 | |56 |00:07:19 ~-~-> 00:07:26 |lot of manipulation today, red Forward Day was pretty wild on to create, | ||
58 | |57 |00:07:26 ~-~-> 00:07:26 |actually, I | ||
59 | |58 |00:07:37 ~-~-> 00:07:41 |stopped just happens to be above relative equal highs with no recent stop | ||
60 | |59 |00:07:41 ~-~-> 00:07:41 |hunt. | ||
61 | |60 |00:07:53 ~-~-> 00:07:58 |Okay, so there's a stop loss. I have an alert on my cell phone that takes me | ||
62 | |61 |00:07:58 ~-~-> 00:08:08 |back to the charts. I'm then I'll come back and bring it to a close. I'm. |