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ICT YT - 2025-01-28 - 2025 Lecture Series - SMC New York NWOG With Forex 01-27-2024

Last modified by Drunk Monkey on 2025-04-03 12:10
1 00:00:30 --> 00:00:36 ICT: Welcome back, folks. All right, so we are looking at the New York new week,
2 00:00:36 --> 00:00:45 opening gap with Forex. You all right. So this is a five minute chart. I can
3 00:00:45 --> 00:00:50 see up here, upper left hand corner to British Pound versus US dollar five
4 00:00:50 --> 00:00:55 minute chart. Okay, so I want you to take a look at this and notice right
5 00:00:55 --> 00:01:06 over here you see this. That is the Friday close. Sunday opening 5pm Eastern
6 00:01:06 --> 00:01:14 time. So that is your new week opening gap. And we've had rally, rally, Miller
7 00:01:14 --> 00:01:19 rally, and a shift in market structure right there. And I talked about this in
8 00:01:19 --> 00:01:22 the telegram channel. And if you have not joined my private telegram channel,
9 00:01:23 --> 00:01:31 it is the 2025, lecture series. I don't do mentorship anymore. I shut down my
10 00:01:31 --> 00:01:35 paid private mentorship group and invited them to this group. So there's
11 00:01:35 --> 00:01:40 nothing out there that you're going to get your little hot little hands on and
12 00:01:40 --> 00:01:45 think that you're part of an exclusive community anymore, because that's gone,
13 00:01:46 --> 00:01:51 and I will be uploading every single commentary I've ever made in the past.
14 00:01:51 --> 00:01:56 Okay, so keep a lookout for that, because I'll post a playlist when I have
15 00:01:56 --> 00:02:02 them up, and you'll be able to watch them at your leisure. So in the
16 00:02:02 --> 00:02:07 meantime, what we're doing here this year is just cutting right to the brass
17 00:02:07 --> 00:02:10 tax and getting right to it with a model, and I'm pulling out all the
18 00:02:10 --> 00:02:16 pieces of the things I taught in 2024 on this YouTube channel. So if you liked
19 00:02:16 --> 00:02:20 all that content, I'm actually showing real time, calling out every candlestick
20 00:02:20 --> 00:02:26 that's salient for a setup. And you can go back and look at this morning. I
21 00:02:26 --> 00:02:33 called the NASDAQ pretty much lockstep to what you see it did today. And then
22 00:02:33 --> 00:02:38 the same thing with the British pound versus US dollar. Now I'm not going to
23 00:02:38 --> 00:02:42 go over the NASDAQ, because it's pretty self explanatory. I have the most
24 00:02:42 --> 00:02:46 commentary in the telegram channel this morning about that, so you can listen to
25 00:02:46 --> 00:02:51 sound clips, and they're all time stamped. The idea is, is for you to see
26 00:02:51 --> 00:02:56 that it works still in forex. So No, a lot of you, if not the majority of you,
27 00:02:56 --> 00:02:57 are forex traders. You
28 00:03:03 --> 00:03:10 so here's the new week opening gap, and then we're trading inside of the New
29 00:03:10 --> 00:03:16 York session. So here's seven o'clock, 10 o'clock in this area here, and we're
30 00:03:16 --> 00:03:19 seeing this up close. Can list of buy side and balance cell sign and
31 00:03:19 --> 00:03:23 efficiency. I mentioned that that was likely going to perform as an inversion
32 00:03:23 --> 00:03:29 fair value gap. Market trades up into it. The bodies stay in close proximity
33 00:03:29 --> 00:03:34 to the midpoint of that. Then we rotate go lower. And I mentioned that if we
34 00:03:34 --> 00:03:40 give up the ghost below this low here, after showing improving that this is an
35 00:03:40 --> 00:03:44 inversion fair value gap, then it would likely trade down into the blue shaded
36 00:03:44 --> 00:03:48 area. And more specifically, if you look at this, candlesticks low from Friday to
37 00:03:48 --> 00:03:54 the high candle inside of the gap. Okay, this is a new week opening gap. I taught
38 00:03:54 --> 00:03:59 this on the YouTube channel last year. Go and watch the individual videos about
39 00:03:59 --> 00:04:09 it. The remaining portion from the open all up to this high, buy side delivery,
40 00:04:09 --> 00:04:14 not liquidity, buy side delivery. It means the market's trading higher. Keeps
41 00:04:14 --> 00:04:19 posting higher, higher, higher prices. It stops right here. It would need the
42 00:04:19 --> 00:04:25 difference between this high to that low closed in we have it here on this one
43 00:04:25 --> 00:04:29 single candle up so it's lacking delivery on the downside, and that's
44 00:04:29 --> 00:04:33 what it does here, okay? But prior to it, it gives you a nice little silver
45 00:04:33 --> 00:04:37 bullet short in here, stops dead in its tracks in consequent encroachment of
46 00:04:37 --> 00:04:42 this city. And we'll look at that in a moment, so you can see we have a one
47 00:04:42 --> 00:04:46 minute chart indicated with this number one here, and it's the British pound,
48 00:04:46 --> 00:04:54 us, dollar for FX, cm. Okay, so I use this data feed today, and again, the
49 00:04:54 --> 00:04:59 only difference that you're going to notice is the new week opening. Gap.
50 00:04:59 --> 00:05:07 Differences. Friday's closing price, and Sunday, January 26 2025 opening price,
51 00:05:07 --> 00:05:13 forex.com is a little wonky, and the other brokers seem to be fair about it.
52 00:05:16 --> 00:05:21 This is the five minute inversion fair value gap, but it's being shown over a
53 00:05:21 --> 00:05:27 woman in chart. The market trades up into midpoint of it here after leaving
54 00:05:27 --> 00:05:32 it. Notice it trades lower here and then rallies back up into it here. And you'll
55 00:05:32 --> 00:05:37 see that I actually went short there and then waited for it to rally up. My stop
56 00:05:37 --> 00:05:40 loss was right above. See these two candlesticks share in the same space
57 00:05:41 --> 00:05:47 right there, the close and the low. So at one point, this candlestick went down
58 00:05:47 --> 00:05:52 to that low and then closed there, and then opened and traded back over top of
59 00:05:52 --> 00:05:55 it. So this small, little area here is a balanced price range. I felt very
60 00:05:55 --> 00:06:00 confident that this little area here would not be traded back into. So my
61 00:06:00 --> 00:06:06 stop loss is right above this. Candlesticks opening price. The price
62 00:06:06 --> 00:06:11 breaks lower, comes back up, creates a little Mohawk. I call it where it just
63 00:06:11 --> 00:06:14 trades and colors outside the lines of the inversion, fair value gap. But
64 00:06:14 --> 00:06:18 notice what the bodies are doing. Listen to the commentary, the little sound
65 00:06:18 --> 00:06:22 bites I posted this morning when I was referring to POUND DOLLAR, I said that,
66 00:06:22 --> 00:06:27 you know, I want to see it stay in the lower half, and the bodies should stay
67 00:06:27 --> 00:06:30 in the lower half. Or at the consequent crochet, which is the midpoint here,
68 00:06:30 --> 00:06:35 this dot, this dotted line here, then market breaks lower comes back up. It
69 00:06:35 --> 00:06:40 goes right to this price level here we were looking for I noted in audio clip,
70 00:06:40 --> 00:06:45 I said, I want to see this point broken after this inversion, fairy value gap
71 00:06:45 --> 00:06:49 has proven itself. So it had to be treated to several times. And I went
72 00:06:49 --> 00:06:53 short here and here, and then I waited for this one here. I didn't want to add
73 00:06:53 --> 00:06:58 any more to it. And then it rotated lower, broke through here, came back up
74 00:06:58 --> 00:07:02 into a small, little fair value got right there in that pink box, trades
75 00:07:02 --> 00:07:05 right up into consequent crochet. Look at the body's respecting half of that
76 00:07:06 --> 00:07:09 and breaks aggressively, creates a silver bullet. This is your 10 o'clock
77 00:07:09 --> 00:07:17 silver bullet, breaks lower, comes back up, hits consequent encroachment there
78 00:07:17 --> 00:07:22 and then sells off into the two little blue lines I very specifically outlined
79 00:07:22 --> 00:07:31 this morning in the telegram channel. Here's executions, selling short,
80 00:07:32 --> 00:07:41 selling short, selling short, taking a partial as it approaches the new week
81 00:07:41 --> 00:07:46 opening gap, and then as it went into between these two blue lines, I
82 00:07:46 --> 00:07:50 indicated I just covered there. I did have a limit order a little bit lower
83 00:07:52 --> 00:07:57 for this line here, plus the spread, but it just took too much time and energy to
84 00:07:57 --> 00:08:03 be babysitting it. And like I said, I'm not trading with Forex, with real money.
85 00:08:03 --> 00:08:06 I told you I would do executions, because there's a lot of you that want
86 00:08:06 --> 00:08:12 to learn and you watch me outline this stuff live today. Zoomed in here. Here's
87 00:08:12 --> 00:08:18 a one minute chart. Price trades up into the five minute inversion. Fair value
88 00:08:18 --> 00:08:25 gap breaks lower, spends a nice run into that low, stops dead in its tracks,
89 00:08:26 --> 00:08:32 rotates back up higher. I sell short once more. Add one more. Change right
90 00:08:32 --> 00:08:36 back to consequent encroachment here. Notice the bodies. Okay, go back and
91 00:08:36 --> 00:08:41 listen to every single clip. They're very short. It doesn't take you much
92 00:08:41 --> 00:08:45 time to go through it. But I told you that the lower half of this five minute
93 00:08:45 --> 00:08:49 inversion fair value got the bodies need to stay below that. That's how you're
94 00:08:49 --> 00:08:56 going to be able to qualify that this is a proper inversion fair value gap that
95 00:08:56 --> 00:09:01 should send price lower. It's okay for these wicks to trade above it, that's
96 00:09:01 --> 00:09:05 where the damage can be done. But the bodies are showing you the signatures
97 00:09:05 --> 00:09:08 that the algorithm is absolutely indicating that this is just running
98 00:09:08 --> 00:09:14 stops. They're getting real, real dirty with it, running each previous high, not
99 00:09:14 --> 00:09:19 allowing anyone that trails their stop loss too tight and aggressively. You got
100 00:09:19 --> 00:09:22 to abandon this idea about quickly moving your stock to break even, or
101 00:09:22 --> 00:09:26 locking in something. You're going to have to assume some measure of risk.
102 00:09:26 --> 00:09:29 Otherwise, there's a lot of trades, and it's going to be the better trades
103 00:09:29 --> 00:09:33 you're not going to be be a participant in. And the market breaks lower after
104 00:09:33 --> 00:09:38 spending some time in this higher city here, in the lower half of that
105 00:09:38 --> 00:09:44 inversion. Fair value gap spends its time here, breaks aggressively lower,
106 00:09:44 --> 00:09:49 comes back up, fails to touch the low of that and then goes lower. That is
107 00:09:49 --> 00:09:54 another indicator. It's a signature telling you that it's now weak. It can't
108 00:09:54 --> 00:09:58 even get up to the inversion fair value gap trades back down to that same low
109 00:09:59 --> 00:10:03 bounce. One more time, failed to take out that high roll it over, aggressively
110 00:10:03 --> 00:10:07 pierce through it in a small, little fairbair gap. Trade up into it. Look at
111 00:10:07 --> 00:10:12 the bodies. See that in that nice that is algorithmic. It's half of the gap
112 00:10:12 --> 00:10:16 stopping right there, even on this candlestick here. Don't take my word for
113 00:10:16 --> 00:10:19 it. Run your fit between this candle sticks low and this candle sticks high,
114 00:10:19 --> 00:10:23 and you'll be greeted with the precision that you've never, ever seen before.
115 00:10:24 --> 00:10:26 That's not true. I mean, you keep you keep saying all the time my YouTube
116 00:10:26 --> 00:10:31 channel, but it breaks lower, takes out this swing low, and it creates the very
117 00:10:31 --> 00:10:37 obvious, easy silver bullet. Now you may not have noticed this one. This is a
118 00:10:37 --> 00:10:42 little bit higher order Silver Bullet trade. But this one here is the obvious,
119 00:10:42 --> 00:10:47 easy one that you simply wait for and just jumps off the chart at you. That's
120 00:10:47 --> 00:10:52 here, and we're picking up the difference in price drops lower. You can
121 00:10:52 --> 00:10:56 see as we're trading into that new week, opening gap in blue, I'm taking the
122 00:10:56 --> 00:11:02 remaining positions off as its trades inside there, so you can see, obviously,
123 00:11:02 --> 00:11:11 all this stuff works in forex. I'm going to do a lot more examples of forex
124 00:11:11 --> 00:11:16 throughout the year, but I just have to have my focus on NQ for the remainder of
125 00:11:16 --> 00:11:21 this week, because I want to take trades. Okay, so I'm not trading Forex
126 00:11:21 --> 00:11:26 with real money. I am trading the index futures with real money. So I'm not
127 00:11:26 --> 00:11:30 making money by showing you paper trades in an asset class. I no longer trade. I
128 00:11:30 --> 00:11:34 need to be trading in the markets to actually pay me. Okay? So I hope you can
129 00:11:34 --> 00:11:38 respect that, and I appreciate all the comments that's been posted on the
130 00:11:38 --> 00:11:41 YouTube channel in response to the accuracy and precision and the
131 00:11:41 --> 00:11:45 straightforwardness that I've provided to you this morning on the telegram
132 00:11:45 --> 00:11:49 channel. If you have not joined the telegram channel, it's absolutely free.
133 00:11:49 --> 00:11:54 Everything's real time call before the fact. And the link is inside the video
134 00:11:54 --> 00:11:58 description, and it's also on my community tab on this YouTube channel,
135 00:11:58 --> 00:12:02 absolutely free. You gotta download Telegram, though it's going to ask you
136 00:12:02 --> 00:12:06 to verify your phone number, so that way you can run it through your app, and
137 00:12:06 --> 00:12:11 your phone number verifies who you are. No one else can see your username. No
138 00:12:11 --> 00:12:14 one else can see that you're a member of it. Okay, you're one of the numbers in
139 00:12:14 --> 00:12:20 there right now. It's 37,325 or plus people in there right now. I expect it
140 00:12:20 --> 00:12:23 to be a whole lot more by now, but I guess now, because it's in a video, and
141 00:12:23 --> 00:12:27 the link will be in the description of the video here, again, we'll probably
142 00:12:27 --> 00:12:31 start picking up, you know, more viewers and more members to it, but it's
143 00:12:31 --> 00:12:36 absolutely free, no hook, no future upsell. I promise there's nothing there
144 00:12:36 --> 00:12:39 for you to have to worry about paying for, and no one knows you're there.
145 00:12:39 --> 00:12:44 Okay, I don't even bother looking at the list of who's in there, but that's going
146 00:12:44 --> 00:12:51 to be it for today, and I hope that I will see you tomorrow. Lord willing. And
147 00:12:51 --> 00:12:54 until then, be safe. You.