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ICT YT - 2025-01-22 - Live Execution - Forex GbpUsd London Macro

Last modified by Drunk Monkey on 2025-04-03 12:10
1 00:00:08 --> 00:00:13 ICT: Come back, folks. This is Michael. We're gonna take a look at some Forex
2 00:00:14 --> 00:00:20 price action here in GBP, USD, London session. So there's a sell side
3 00:00:20 --> 00:00:27 liquidity grade and displacement to the upside, shift in market structure. And
4 00:00:27 --> 00:00:31 my eye is initially set right there on that premium city and short term high,
5 00:00:31 --> 00:00:36 whether it's buy side. And you may notice that there is an accumulation
6 00:00:36 --> 00:00:41 underway here after that shift in market structure to the upside, and we're
7 00:00:41 --> 00:00:50 presently inside of the 2:50am 3:10am macro. And yes, it works on 4x so I'm
8 00:00:50 --> 00:00:56 going to be buying here inside of a reclaimed, busy fair value gap. I'll
9 00:00:57 --> 00:00:59 take that in a moment. Just give me a second here. I'm
10 00:01:06 --> 00:01:16 right here. Okay, so market has broke below that, and now while market
11 00:01:16 --> 00:01:23 structure and the underlying narrative for higher GBP, USD from London is
12 00:01:23 --> 00:01:29 underway, then we can look back at old, bullish, fair value gaps. I'm going to
13 00:01:29 --> 00:01:36 copy this here and drag this up to the buy side, initially looking at here as a
14 00:01:36 --> 00:01:42 draw. It could go higher, just above the 1:30am high. But for now, just for the
15 00:01:42 --> 00:01:52 sake of illustration. And here's this city here, so that's a premium array
16 00:01:52 --> 00:01:57 relative to where we are at now. And these are very, very low hanging fruit
17 00:01:57 --> 00:02:04 objectives. So while it could trade above the 130 high, not requiring it. So
18 00:02:04 --> 00:02:13 we're trading back down inside of that. 230 foolish, fair Vega, I just bought
19 00:02:13 --> 00:02:14 more. I
20 00:02:25 --> 00:02:34 All right, now move my take profit up into that city. Now the nearer term, buy
21 00:02:34 --> 00:02:41 side liquidity pool that formed around 2:30am that is a minor bicycle. And I'm
22 00:02:44 --> 00:02:48 going to also highlight here a inversion fair value gap, which we may accumulate.
23 00:02:48 --> 00:02:52 I want to see it stay above the consequent crochet or midpoint of that.
24 00:02:56 --> 00:03:03 And that is my, uh, my stop loss is in the lower half of that inversion fair
25 00:03:03 --> 00:03:10 value gap in orange, you can see that midpoint right here, and my stop is just
26 00:03:11 --> 00:03:17 in the lower half of that right there. So I want to see some movement to the
27 00:03:17 --> 00:03:26 upside for the algorithm. Is going to be firing off a continuous delivery of
28 00:03:26 --> 00:03:30 higher prices, regardless of what the buying and selling pressure is. Okay,
29 00:03:30 --> 00:03:35 you can see that little 130 high up here, just below the buy button. Just
30 00:03:35 --> 00:03:40 flash that. That might be a four o'clock event.
31 00:03:50 --> 00:04:02 Showed you the executions here. It's not Market Replay. This is the sake of
32 00:04:02 --> 00:04:07 disclosure. This is a demo or paper trade. I don't have any funds in a Forex
33 00:04:07 --> 00:04:13 brokerage account, but I wanted to show you, I get a lot of requests for Shelton
34 00:04:13 --> 00:04:17 Forex. Shelton Forex, does it work in forex? It doesn't work in forex anymore.
35 00:04:17 --> 00:04:18 ICT, i
36 00:04:25 --> 00:04:29 The problem is, is the ranges are very, very small right now in forex. I think
37 00:04:29 --> 00:04:35 as we go further into the year, they the new presidency and the policies that
38 00:04:35 --> 00:04:38 he's trying to implement is going to facilitate a lot more movement in
39 00:04:39 --> 00:04:44 foreign exchange over global trade. So it's got to be a little bit more patient
40 00:04:44 --> 00:04:50 than some of you have exhibited. All right. So I want to see it move away
41 00:04:50 --> 00:04:55 from that bullish fair value gap. It's a reclaimed fair value gap. It's right now
42 00:04:55 --> 00:04:59 accumulating around the consequent encroachment, or that little dotted line
43 00:04:59 --> 00:05:06 inside of blue. I. Rectangle, I expect it to start moving higher, and a
44 00:05:06 --> 00:05:12 wonderful signature to confirm that would be large bullish green candles.
45 00:05:18 --> 00:05:23 That's my initial run. So a low hanging fruit objective for partials is that my
46 00:05:23 --> 00:05:25 cell according pool that's annotated right there you
47 00:05:55 --> 00:06:00 potential, immediate rebalance, if It touches the one minute candle, two
48 00:06:00 --> 00:06:08 candles back. Reduce some of the risk here. Shouldn't trade down to that now,
49 00:06:15 --> 00:06:22 that's immediate. Let me buy one more. I take it for you here. This is my
50 00:06:22 --> 00:06:34 immediate rebalance. This is codified to provide continuous price run entry
51 00:06:34 --> 00:06:45 points. We don't need any high level complications. When a candle comes back
52 00:06:45 --> 00:06:56 and trades to a previous high, when buy side is being delivered, it's easy to
53 00:06:56 --> 00:07:01 buy that, and you see the precision there just in striking distance with
54 00:07:01 --> 00:07:10 that partial. I just filled it while I was up. Sorry, you can see it
55 00:07:10 --> 00:07:19 nonetheless, low of that city that's in blue that we're just beneath. I'm going
56 00:07:21 --> 00:07:28 to try to take a partial as it hits that or it gets real close to it, simply
57 00:07:28 --> 00:07:32 because the ranges are very, very small and I'm not going to be babysitting the
58 00:07:32 --> 00:07:40 entire London session. Excuse me. Okay, another partial taken off the final,
59 00:07:40 --> 00:07:43 final balance I'll leave to limit out
60 00:07:52 --> 00:07:59 at 354, 10 macro, if we're above this city here, it could probably run for
61 00:07:59 --> 00:08:04 that 130 apply for buy side. Maybe stretch it out a little bit further. I'm
62 00:08:04 --> 00:08:08 not going to babysit that, because it might have to retrace back into the
63 00:08:08 --> 00:08:12 inversion fair value gap. And the reclaimed fair value got to do that. So
64 00:08:12 --> 00:08:16 it's too much a retracement for me that ain't interested in it, but that would
65 00:08:16 --> 00:08:21 still be a London session trade idea. You would want to see the bodies
66 00:08:21 --> 00:08:27 respecting these specific areas. I've shaded specifically the one at the 130
67 00:08:27 --> 00:08:30 city that's highlighted. Here we're trading just beneath the target, and
68 00:08:30 --> 00:08:35 there it is. It's filled so there you are, friends and family in the Forex
69 00:08:35 --> 00:08:39 community, my algorithm still works there, just the ranges are presently
70 00:08:39 --> 00:08:42 smaller. Hope you enjoy it. Take care. Be safe. You.