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2 |1 |00:00:30 ~-~-> 00:00:36 |ICT: Welcome back, folks. All right, so we are looking at the New York new week,
3 |2 |00:00:36 ~-~-> 00:00:45 |opening gap with Forex. You all right. So this is a five minute chart. I can
4 |3 |00:00:45 ~-~-> 00:00:50 |see up here, upper left hand corner to British Pound versus US dollar five
5 |4 |00:00:50 ~-~-> 00:00:55 |minute chart. Okay, so I want you to take a look at this and notice right
6 |5 |00:00:55 ~-~-> 00:01:06 |over here you see this. That is the Friday close. Sunday opening 5pm Eastern
7 |6 |00:01:06 ~-~-> 00:01:14 |time. So that is your new week opening gap. And we've had rally, rally, Miller
8 |7 |00:01:14 ~-~-> 00:01:19 |rally, and a shift in market structure right there. And I talked about this in
9 |8 |00:01:19 ~-~-> 00:01:22 |the telegram channel. And if you have not joined my private telegram channel,
10 |9 |00:01:23 ~-~-> 00:01:31 |it is the 2025, lecture series. I don't do mentorship anymore. I shut down my
11 |10 |00:01:31 ~-~-> 00:01:35 |paid private mentorship group and invited them to this group. So there's
12 |11 |00:01:35 ~-~-> 00:01:40 |nothing out there that you're going to get your little hot little hands on and
13 |12 |00:01:40 ~-~-> 00:01:45 |think that you're part of an exclusive community anymore, because that's gone,
14 |13 |00:01:46 ~-~-> 00:01:51 |and I will be uploading every single commentary I've ever made in the past.
15 |14 |00:01:51 ~-~-> 00:01:56 |Okay, so keep a lookout for that, because I'll post a playlist when I have
16 |15 |00:01:56 ~-~-> 00:02:02 |them up, and you'll be able to watch them at your leisure. So in the
17 |16 |00:02:02 ~-~-> 00:02:07 |meantime, what we're doing here this year is just cutting right to the brass
18 |17 |00:02:07 ~-~-> 00:02:10 |tax and getting right to it with a model, and I'm pulling out all the
19 |18 |00:02:10 ~-~-> 00:02:16 |pieces of the things I taught in 2024 on this YouTube channel. So if you liked
20 |19 |00:02:16 ~-~-> 00:02:20 |all that content, I'm actually showing real time, calling out every candlestick
21 |20 |00:02:20 ~-~-> 00:02:26 |that's salient for a setup. And you can go back and look at this morning. I
22 |21 |00:02:26 ~-~-> 00:02:33 |called the NASDAQ pretty much lockstep to what you see it did today. And then
23 |22 |00:02:33 ~-~-> 00:02:38 |the same thing with the British pound versus US dollar. Now I'm not going to
24 |23 |00:02:38 ~-~-> 00:02:42 |go over the NASDAQ, because it's pretty self explanatory. I have the most
25 |24 |00:02:42 ~-~-> 00:02:46 |commentary in the telegram channel this morning about that, so you can listen to
26 |25 |00:02:46 ~-~-> 00:02:51 |sound clips, and they're all time stamped. The idea is, is for you to see
27 |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,
28 |27 |00:02:56 ~-~-> 00:02:57 |are forex traders. You
29 |28 |00:03:03 ~-~-> 00:03:10 |so here's the new week opening gap, and then we're trading inside of the New
30 |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
31 |30 |00:03:16 ~-~-> 00:03:19 |seeing this up close. Can list of buy side and balance cell sign and
32 |31 |00:03:19 ~-~-> 00:03:23 |efficiency. I mentioned that that was likely going to perform as an inversion
33 |32 |00:03:23 ~-~-> 00:03:29 |fair value gap. Market trades up into it. The bodies stay in close proximity
34 |33 |00:03:29 ~-~-> 00:03:34 |to the midpoint of that. Then we rotate go lower. And I mentioned that if we
35 |34 |00:03:34 ~-~-> 00:03:40 |give up the ghost below this low here, after showing improving that this is an
36 |35 |00:03:40 ~-~-> 00:03:44 |inversion fair value gap, then it would likely trade down into the blue shaded
37 |36 |00:03:44 ~-~-> 00:03:48 |area. And more specifically, if you look at this, candlesticks low from Friday to
38 |37 |00:03:48 ~-~-> 00:03:54 |the high candle inside of the gap. Okay, this is a new week opening gap. I taught
39 |38 |00:03:54 ~-~-> 00:03:59 |this on the YouTube channel last year. Go and watch the individual videos about
40 |39 |00:03:59 ~-~-> 00:04:09 |it. The remaining portion from the open all up to this high, buy side delivery,
41 |40 |00:04:09 ~-~-> 00:04:14 |not liquidity, buy side delivery. It means the market's trading higher. Keeps
42 |41 |00:04:14 ~-~-> 00:04:19 |posting higher, higher, higher prices. It stops right here. It would need the
43 |42 |00:04:19 ~-~-> 00:04:25 |difference between this high to that low closed in we have it here on this one
44 |43 |00:04:25 ~-~-> 00:04:29 |single candle up so it's lacking delivery on the downside, and that's
45 |44 |00:04:29 ~-~-> 00:04:33 |what it does here, okay? But prior to it, it gives you a nice little silver
46 |45 |00:04:33 ~-~-> 00:04:37 |bullet short in here, stops dead in its tracks in consequent encroachment of
47 |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
48 |47 |00:04:42 ~-~-> 00:04:46 |minute chart indicated with this number one here, and it's the British pound,
49 |48 |00:04:46 ~-~-> 00:04:54 |us, dollar for FX, cm. Okay, so I use this data feed today, and again, the
50 |49 |00:04:54 ~-~-> 00:04:59 |only difference that you're going to notice is the new week opening. Gap.
51 |50 |00:04:59 ~-~-> 00:05:07 |Differences. Friday's closing price, and Sunday, January 26 2025 opening price,
52 |51 |00:05:07 ~-~-> 00:05:13 |forex.com is a little wonky, and the other brokers seem to be fair about it.
53 |52 |00:05:16 ~-~-> 00:05:21 |This is the five minute inversion fair value gap, but it's being shown over a
54 |53 |00:05:21 ~-~-> 00:05:27 |woman in chart. The market trades up into midpoint of it here after leaving
55 |54 |00:05:27 ~-~-> 00:05:32 |it. Notice it trades lower here and then rallies back up into it here. And you'll
56 |55 |00:05:32 ~-~-> 00:05:37 |see that I actually went short there and then waited for it to rally up. My stop
57 |56 |00:05:37 ~-~-> 00:05:40 |loss was right above. See these two candlesticks share in the same space
58 |57 |00:05:41 ~-~-> 00:05:47 |right there, the close and the low. So at one point, this candlestick went down
59 |58 |00:05:47 ~-~-> 00:05:52 |to that low and then closed there, and then opened and traded back over top of
60 |59 |00:05:52 ~-~-> 00:05:55 |it. So this small, little area here is a balanced price range. I felt very
61 |60 |00:05:55 ~-~-> 00:06:00 |confident that this little area here would not be traded back into. So my
62 |61 |00:06:00 ~-~-> 00:06:06 |stop loss is right above this. Candlesticks opening price. The price
63 |62 |00:06:06 ~-~-> 00:06:11 |breaks lower, comes back up, creates a little Mohawk. I call it where it just
64 |63 |00:06:11 ~-~-> 00:06:14 |trades and colors outside the lines of the inversion, fair value gap. But
65 |64 |00:06:14 ~-~-> 00:06:18 |notice what the bodies are doing. Listen to the commentary, the little sound
66 |65 |00:06:18 ~-~-> 00:06:22 |bites I posted this morning when I was referring to POUND DOLLAR, I said that,
67 |66 |00:06:22 ~-~-> 00:06:27 |you know, I want to see it stay in the lower half, and the bodies should stay
68 |67 |00:06:27 ~-~-> 00:06:30 |in the lower half. Or at the consequent crochet, which is the midpoint here,
69 |68 |00:06:30 ~-~-> 00:06:35 |this dot, this dotted line here, then market breaks lower comes back up. It
70 |69 |00:06:35 ~-~-> 00:06:40 |goes right to this price level here we were looking for I noted in audio clip,
71 |70 |00:06:40 ~-~-> 00:06:45 |I said, I want to see this point broken after this inversion, fairy value gap
72 |71 |00:06:45 ~-~-> 00:06:49 |has proven itself. So it had to be treated to several times. And I went
73 |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
74 |73 |00:06:53 ~-~-> 00:06:58 |any more to it. And then it rotated lower, broke through here, came back up
75 |74 |00:06:58 ~-~-> 00:07:02 |into a small, little fair value got right there in that pink box, trades
76 |75 |00:07:02 ~-~-> 00:07:05 |right up into consequent crochet. Look at the body's respecting half of that
77 |76 |00:07:06 ~-~-> 00:07:09 |and breaks aggressively, creates a silver bullet. This is your 10 o'clock
78 |77 |00:07:09 ~-~-> 00:07:17 |silver bullet, breaks lower, comes back up, hits consequent encroachment there
79 |78 |00:07:17 ~-~-> 00:07:22 |and then sells off into the two little blue lines I very specifically outlined
80 |79 |00:07:22 ~-~-> 00:07:31 |this morning in the telegram channel. Here's executions, selling short,
81 |80 |00:07:32 ~-~-> 00:07:41 |selling short, selling short, taking a partial as it approaches the new week
82 |81 |00:07:41 ~-~-> 00:07:46 |opening gap, and then as it went into between these two blue lines, I
83 |82 |00:07:46 ~-~-> 00:07:50 |indicated I just covered there. I did have a limit order a little bit lower
84 |83 |00:07:52 ~-~-> 00:07:57 |for this line here, plus the spread, but it just took too much time and energy to
85 |84 |00:07:57 ~-~-> 00:08:03 |be babysitting it. And like I said, I'm not trading with Forex, with real money.
86 |85 |00:08:03 ~-~-> 00:08:06 |I told you I would do executions, because there's a lot of you that want
87 |86 |00:08:06 ~-~-> 00:08:12 |to learn and you watch me outline this stuff live today. Zoomed in here. Here's
88 |87 |00:08:12 ~-~-> 00:08:18 |a one minute chart. Price trades up into the five minute inversion. Fair value
89 |88 |00:08:18 ~-~-> 00:08:25 |gap breaks lower, spends a nice run into that low, stops dead in its tracks,
90 |89 |00:08:26 ~-~-> 00:08:32 |rotates back up higher. I sell short once more. Add one more. Change right
91 |90 |00:08:32 ~-~-> 00:08:36 |back to consequent encroachment here. Notice the bodies. Okay, go back and
92 |91 |00:08:36 ~-~-> 00:08:41 |listen to every single clip. They're very short. It doesn't take you much
93 |92 |00:08:41 ~-~-> 00:08:45 |time to go through it. But I told you that the lower half of this five minute
94 |93 |00:08:45 ~-~-> 00:08:49 |inversion fair value got the bodies need to stay below that. That's how you're
95 |94 |00:08:49 ~-~-> 00:08:56 |going to be able to qualify that this is a proper inversion fair value gap that
96 |95 |00:08:56 ~-~-> 00:09:01 |should send price lower. It's okay for these wicks to trade above it, that's
97 |96 |00:09:01 ~-~-> 00:09:05 |where the damage can be done. But the bodies are showing you the signatures
98 |97 |00:09:05 ~-~-> 00:09:08 |that the algorithm is absolutely indicating that this is just running
99 |98 |00:09:08 ~-~-> 00:09:14 |stops. They're getting real, real dirty with it, running each previous high, not
100 |99 |00:09:14 ~-~-> 00:09:19 |allowing anyone that trails their stop loss too tight and aggressively. You got
101 |100 |00:09:19 ~-~-> 00:09:22 |to abandon this idea about quickly moving your stock to break even, or
102 |101 |00:09:22 ~-~-> 00:09:26 |locking in something. You're going to have to assume some measure of risk.
103 |102 |00:09:26 ~-~-> 00:09:29 |Otherwise, there's a lot of trades, and it's going to be the better trades
104 |103 |00:09:29 ~-~-> 00:09:33 |you're not going to be be a participant in. And the market breaks lower after
105 |104 |00:09:33 ~-~-> 00:09:38 |spending some time in this higher city here, in the lower half of that
106 |105 |00:09:38 ~-~-> 00:09:44 |inversion. Fair value gap spends its time here, breaks aggressively lower,
107 |106 |00:09:44 ~-~-> 00:09:49 |comes back up, fails to touch the low of that and then goes lower. That is
108 |107 |00:09:49 ~-~-> 00:09:54 |another indicator. It's a signature telling you that it's now weak. It can't
109 |108 |00:09:54 ~-~-> 00:09:58 |even get up to the inversion fair value gap trades back down to that same low
110 |109 |00:09:59 ~-~-> 00:10:03 |bounce. One more time, failed to take out that high roll it over, aggressively
111 |110 |00:10:03 ~-~-> 00:10:07 |pierce through it in a small, little fairbair gap. Trade up into it. Look at
112 |111 |00:10:07 ~-~-> 00:10:12 |the bodies. See that in that nice that is algorithmic. It's half of the gap
113 |112 |00:10:12 ~-~-> 00:10:16 |stopping right there, even on this candlestick here. Don't take my word for
114 |113 |00:10:16 ~-~-> 00:10:19 |it. Run your fit between this candle sticks low and this candle sticks high,
115 |114 |00:10:19 ~-~-> 00:10:23 |and you'll be greeted with the precision that you've never, ever seen before.
116 |115 |00:10:24 ~-~-> 00:10:26 |That's not true. I mean, you keep you keep saying all the time my YouTube
117 |116 |00:10:26 ~-~-> 00:10:31 |channel, but it breaks lower, takes out this swing low, and it creates the very
118 |117 |00:10:31 ~-~-> 00:10:37 |obvious, easy silver bullet. Now you may not have noticed this one. This is a
119 |118 |00:10:37 ~-~-> 00:10:42 |little bit higher order Silver Bullet trade. But this one here is the obvious,
120 |119 |00:10:42 ~-~-> 00:10:47 |easy one that you simply wait for and just jumps off the chart at you. That's
121 |120 |00:10:47 ~-~-> 00:10:52 |here, and we're picking up the difference in price drops lower. You can
122 |121 |00:10:52 ~-~-> 00:10:56 |see as we're trading into that new week, opening gap in blue, I'm taking the
123 |122 |00:10:56 ~-~-> 00:11:02 |remaining positions off as its trades inside there, so you can see, obviously,
124 |123 |00:11:02 ~-~-> 00:11:11 |all this stuff works in forex. I'm going to do a lot more examples of forex
125 |124 |00:11:11 ~-~-> 00:11:16 |throughout the year, but I just have to have my focus on NQ for the remainder of
126 |125 |00:11:16 ~-~-> 00:11:21 |this week, because I want to take trades. Okay, so I'm not trading Forex
127 |126 |00:11:21 ~-~-> 00:11:26 |with real money. I am trading the index futures with real money. So I'm not
128 |127 |00:11:26 ~-~-> 00:11:30 |making money by showing you paper trades in an asset class. I no longer trade. I
129 |128 |00:11:30 ~-~-> 00:11:34 |need to be trading in the markets to actually pay me. Okay? So I hope you can
130 |129 |00:11:34 ~-~-> 00:11:38 |respect that, and I appreciate all the comments that's been posted on the
131 |130 |00:11:38 ~-~-> 00:11:41 |YouTube channel in response to the accuracy and precision and the
132 |131 |00:11:41 ~-~-> 00:11:45 |straightforwardness that I've provided to you this morning on the telegram
133 |132 |00:11:45 ~-~-> 00:11:49 |channel. If you have not joined the telegram channel, it's absolutely free.
134 |133 |00:11:49 ~-~-> 00:11:54 |Everything's real time call before the fact. And the link is inside the video
135 |134 |00:11:54 ~-~-> 00:11:58 |description, and it's also on my community tab on this YouTube channel,
136 |135 |00:11:58 ~-~-> 00:12:02 |absolutely free. You gotta download Telegram, though it's going to ask you
137 |136 |00:12:02 ~-~-> 00:12:06 |to verify your phone number, so that way you can run it through your app, and
138 |137 |00:12:06 ~-~-> 00:12:11 |your phone number verifies who you are. No one else can see your username. No
139 |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
140 |139 |00:12:14 ~-~-> 00:12:20 |there right now. It's 37,325 or plus people in there right now. I expect it
141 |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
142 |141 |00:12:23 ~-~-> 00:12:27 |the link will be in the description of the video here, again, we'll probably
143 |142 |00:12:27 ~-~-> 00:12:31 |start picking up, you know, more viewers and more members to it, but it's
144 |143 |00:12:31 ~-~-> 00:12:36 |absolutely free, no hook, no future upsell. I promise there's nothing there
145 |144 |00:12:36 ~-~-> 00:12:39 |for you to have to worry about paying for, and no one knows you're there.
146 |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
147 |146 |00:12:44 ~-~-> 00:12:51 |to be it for today, and I hope that I will see you tomorrow. Lord willing. And
148 |147 |00:12:51 ~-~-> 00:12:54 |until then, be safe. You.