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Last modified by Drunk Monkey on 2025-04-03 12:10
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2 |1 |00:00:08 ~-~-> 00:00:13 |ICT: Come back, folks. This is Michael. We're gonna take a look at some Forex
3 |2 |00:00:14 ~-~-> 00:00:20 |price action here in GBP, USD, London session. So there's a sell side
4 |3 |00:00:20 ~-~-> 00:00:27 |liquidity grade and displacement to the upside, shift in market structure. And
5 |4 |00:00:27 ~-~-> 00:00:31 |my eye is initially set right there on that premium city and short term high,
6 |5 |00:00:31 ~-~-> 00:00:36 |whether it's buy side. And you may notice that there is an accumulation
7 |6 |00:00:36 ~-~-> 00:00:41 |underway here after that shift in market structure to the upside, and we're
8 |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
9 |8 |00:00:50 ~-~-> 00:00:56 |going to be buying here inside of a reclaimed, busy fair value gap. I'll
10 |9 |00:00:57 ~-~-> 00:00:59 |take that in a moment. Just give me a second here. I'm
11 |10 |00:01:06 ~-~-> 00:01:16 |right here. Okay, so market has broke below that, and now while market
12 |11 |00:01:16 ~-~-> 00:01:23 |structure and the underlying narrative for higher GBP, USD from London is
13 |12 |00:01:23 ~-~-> 00:01:29 |underway, then we can look back at old, bullish, fair value gaps. I'm going to
14 |13 |00:01:29 ~-~-> 00:01:36 |copy this here and drag this up to the buy side, initially looking at here as a
15 |14 |00:01:36 ~-~-> 00:01:42 |draw. It could go higher, just above the 1:30am high. But for now, just for the
16 |15 |00:01:42 ~-~-> 00:01:52 |sake of illustration. And here's this city here, so that's a premium array
17 |16 |00:01:52 ~-~-> 00:01:57 |relative to where we are at now. And these are very, very low hanging fruit
18 |17 |00:01:57 ~-~-> 00:02:04 |objectives. So while it could trade above the 130 high, not requiring it. So
19 |18 |00:02:04 ~-~-> 00:02:13 |we're trading back down inside of that. 230 foolish, fair Vega, I just bought
20 |19 |00:02:13 ~-~-> 00:02:14 |more. I
21 |20 |00:02:25 ~-~-> 00:02:34 |All right, now move my take profit up into that city. Now the nearer term, buy
22 |21 |00:02:34 ~-~-> 00:02:41 |side liquidity pool that formed around 2:30am that is a minor bicycle. And I'm
23 |22 |00:02:44 ~-~-> 00:02:48 |going to also highlight here a inversion fair value gap, which we may accumulate.
24 |23 |00:02:48 ~-~-> 00:02:52 |I want to see it stay above the consequent crochet or midpoint of that.
25 |24 |00:02:56 ~-~-> 00:03:03 |And that is my, uh, my stop loss is in the lower half of that inversion fair
26 |25 |00:03:03 ~-~-> 00:03:10 |value gap in orange, you can see that midpoint right here, and my stop is just
27 |26 |00:03:11 ~-~-> 00:03:17 |in the lower half of that right there. So I want to see some movement to the
28 |27 |00:03:17 ~-~-> 00:03:26 |upside for the algorithm. Is going to be firing off a continuous delivery of
29 |28 |00:03:26 ~-~-> 00:03:30 |higher prices, regardless of what the buying and selling pressure is. Okay,
30 |29 |00:03:30 ~-~-> 00:03:35 |you can see that little 130 high up here, just below the buy button. Just
31 |30 |00:03:35 ~-~-> 00:03:40 |flash that. That might be a four o'clock event.
32 |31 |00:03:50 ~-~-> 00:04:02 |Showed you the executions here. It's not Market Replay. This is the sake of
33 |32 |00:04:02 ~-~-> 00:04:07 |disclosure. This is a demo or paper trade. I don't have any funds in a Forex
34 |33 |00:04:07 ~-~-> 00:04:13 |brokerage account, but I wanted to show you, I get a lot of requests for Shelton
35 |34 |00:04:13 ~-~-> 00:04:17 |Forex. Shelton Forex, does it work in forex? It doesn't work in forex anymore.
36 |35 |00:04:17 ~-~-> 00:04:18 |ICT, i
37 |36 |00:04:25 ~-~-> 00:04:29 |The problem is, is the ranges are very, very small right now in forex. I think
38 |37 |00:04:29 ~-~-> 00:04:35 |as we go further into the year, they the new presidency and the policies that
39 |38 |00:04:35 ~-~-> 00:04:38 |he's trying to implement is going to facilitate a lot more movement in
40 |39 |00:04:39 ~-~-> 00:04:44 |foreign exchange over global trade. So it's got to be a little bit more patient
41 |40 |00:04:44 ~-~-> 00:04:50 |than some of you have exhibited. All right. So I want to see it move away
42 |41 |00:04:50 ~-~-> 00:04:55 |from that bullish fair value gap. It's a reclaimed fair value gap. It's right now
43 |42 |00:04:55 ~-~-> 00:04:59 |accumulating around the consequent encroachment, or that little dotted line
44 |43 |00:04:59 ~-~-> 00:05:06 |inside of blue. I. Rectangle, I expect it to start moving higher, and a
45 |44 |00:05:06 ~-~-> 00:05:12 |wonderful signature to confirm that would be large bullish green candles.
46 |45 |00:05:18 ~-~-> 00:05:23 |That's my initial run. So a low hanging fruit objective for partials is that my
47 |46 |00:05:23 ~-~-> 00:05:25 |cell according pool that's annotated right there you
48 |47 |00:05:55 ~-~-> 00:06:00 |potential, immediate rebalance, if It touches the one minute candle, two
49 |48 |00:06:00 ~-~-> 00:06:08 |candles back. Reduce some of the risk here. Shouldn't trade down to that now,
50 |49 |00:06:15 ~-~-> 00:06:22 |that's immediate. Let me buy one more. I take it for you here. This is my
51 |50 |00:06:22 ~-~-> 00:06:34 |immediate rebalance. This is codified to provide continuous price run entry
52 |51 |00:06:34 ~-~-> 00:06:45 |points. We don't need any high level complications. When a candle comes back
53 |52 |00:06:45 ~-~-> 00:06:56 |and trades to a previous high, when buy side is being delivered, it's easy to
54 |53 |00:06:56 ~-~-> 00:07:01 |buy that, and you see the precision there just in striking distance with
55 |54 |00:07:01 ~-~-> 00:07:10 |that partial. I just filled it while I was up. Sorry, you can see it
56 |55 |00:07:10 ~-~-> 00:07:19 |nonetheless, low of that city that's in blue that we're just beneath. I'm going
57 |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
58 |57 |00:07:28 ~-~-> 00:07:32 |because the ranges are very, very small and I'm not going to be babysitting the
59 |58 |00:07:32 ~-~-> 00:07:40 |entire London session. Excuse me. Okay, another partial taken off the final,
60 |59 |00:07:40 ~-~-> 00:07:43 |final balance I'll leave to limit out
61 |60 |00:07:52 ~-~-> 00:07:59 |at 354, 10 macro, if we're above this city here, it could probably run for
62 |61 |00:07:59 ~-~-> 00:08:04 |that 130 apply for buy side. Maybe stretch it out a little bit further. I'm
63 |62 |00:08:04 ~-~-> 00:08:08 |not going to babysit that, because it might have to retrace back into the
64 |63 |00:08:08 ~-~-> 00:08:12 |inversion fair value gap. And the reclaimed fair value got to do that. So
65 |64 |00:08:12 ~-~-> 00:08:16 |it's too much a retracement for me that ain't interested in it, but that would
66 |65 |00:08:16 ~-~-> 00:08:21 |still be a London session trade idea. You would want to see the bodies
67 |66 |00:08:21 ~-~-> 00:08:27 |respecting these specific areas. I've shaded specifically the one at the 130
68 |67 |00:08:27 ~-~-> 00:08:30 |city that's highlighted. Here we're trading just beneath the target, and
69 |68 |00:08:30 ~-~-> 00:08:35 |there it is. It's filled so there you are, friends and family in the Forex
70 |69 |00:08:35 ~-~-> 00:08:39 |community, my algorithm still works there, just the ranges are presently
71 |70 |00:08:39 ~-~-> 00:08:42 |smaller. Hope you enjoy it. Take care. Be safe. You.