1 | 00:00:00 --> 00:00:17 | ICT: All right, folks, welcome back. This is smart money concept, |
2 | 00:00:17 --> 00:00:23 | algorithmic, market on clothes, macro to mouthful. I know. So I'm about to |
3 | 00:00:23 --> 00:00:28 | demonstrate something that your other mentors out there are not going to be |
4 | 00:00:28 --> 00:00:32 | able to duplicate. They might talk about the last hour trading and macros |
5 | 00:00:32 --> 00:00:36 | existing, but they're not going to be able to show you what this is. All |
6 | 00:00:36 --> 00:00:40 | right. So I'm establishing a short inside of a inversion fair value gap, |
7 | 00:00:40 --> 00:00:49 | and that's this separation here, including the volume imbalance both |
8 | 00:00:49 --> 00:00:56 | sides of the range. And I'll change this color here to my standard orange hue, |
9 | 00:00:57 --> 00:01:04 | and I'm going to add more to it here, as we're inside the upper end of it. And |
10 | 00:01:04 --> 00:01:08 | now I'm going to place my stop loss there. Notice I do not move that stop |
11 | 00:01:08 --> 00:01:14 | higher, and I'm going to target that little short term low there, with a fair |
12 | 00:01:14 --> 00:01:24 | value gap, volume and balance included. That's I'll shade that blue, because the |
13 | 00:01:24 --> 00:01:32 | discount array, okay, and I'm going to add some more here as we're at the |
14 | 00:01:32 --> 00:01:43 | consequent encroachment of that inversion fair value gap. And lead more |
15 | 00:01:43 --> 00:01:50 | there. So now we have even 10 lots, and I want you to see the full range here. |
16 | 00:01:52 --> 00:01:58 | So we have a swing low that formed prior to 3:10pm, so there's sell side resting |
17 | 00:01:58 --> 00:02:02 | below that. And below that swing low, we have that blue shaded buy side and |
18 | 00:02:02 --> 00:02:08 | balance cell sign efficiency. This is the daily high on regular trading hours. |
19 | 00:02:18 --> 00:02:26 | Set, meaning that it's not going to make a higher high ask your other mentors if |
20 | 00:02:26 --> 00:02:31 | they can do what I'm about to show you here. I'll give you a master class in |
21 | 00:02:31 --> 00:02:39 | stop loss management and stop loss placement. All right, so going to put |
22 | 00:02:39 --> 00:02:45 | our first limit order in there. That might change. I might increase that for |
23 | 00:02:45 --> 00:02:52 | now. That's going to be significant enough to add the 10 contracts I have on |
24 | 00:02:52 --> 00:02:58 | at the present time, Southside liquidity I'm |
25 | 00:03:04 --> 00:03:10 | I know you guys that want to send comments to me. You can make that |
26 | 00:03:10 --> 00:03:19 | automatic, elongate that inversion, fair value gap. Make sure you guys know what |
27 | 00:03:19 --> 00:03:24 | I'm looking at here. Bearish fair Vega, okay, so |
28 | 00:03:30 --> 00:03:37 | notice the stop loss, and notice also I'm adding right inside the high of that |
29 | 00:03:38 --> 00:03:44 | inversion. Fair Vega. Bring this down so I can keep this I |
30 | 00:03:49 --> 00:03:56 | want to try to keep the bottom of the range showing as much as I can. You |
31 | 00:03:56 --> 00:04:03 | scrunch this up a little bit, bring it down. That should be good. Yeah, all |
32 | 00:04:03 --> 00:04:10 | right, so notice I'm shorting inside of that former bullish buy, sound and |
33 | 00:04:10 --> 00:04:16 | balance outside efficiency, fair value got and market looks like it wants to |
34 | 00:04:16 --> 00:04:20 | rally higher. And I'm watching other live streamers, and they're all |
35 | 00:04:20 --> 00:04:23 | chattering about how they want to go higher, but all inside this price action |
36 | 00:04:23 --> 00:04:31 | in here that's already delivered, and my stop loss is absolutely 100% safe. Now |
37 | 00:04:32 --> 00:04:35 | they can throw a manipulation in there and wipe me out, but that's not going to |
38 | 00:04:35 --> 00:04:40 | follow the script. So the script is the daily high is already set. So any type |
39 | 00:04:40 --> 00:04:41 | of wick. |
40 | 00:04:49 --> 00:04:56 | Bodies shall not pass. Okay, so I want you to pay attention to this. Okay, this |
41 | 00:04:56 --> 00:05:00 | is just a demonstration. I know it's going to make you mad, because. I'm not |
42 | 00:05:00 --> 00:05:03 | going to teach this to you, but this is just separating the men from the boys |
43 | 00:05:03 --> 00:05:09 | and then me. So notice that there's little wicks that are forming above the |
44 | 00:05:09 --> 00:05:14 | inversion fair value gap. That is permissible, but it will not trade to |
45 | 00:05:14 --> 00:05:19 | where my stop loss is. I'm not fearful that it's going to hit it. I'm not |
46 | 00:05:19 --> 00:05:24 | worried about it making a higher high, and live streamers and your friendly |
47 | 00:05:24 --> 00:05:31 | neighborhood prop firms are all looking for longs right now. We don't say that |
48 | 00:05:31 --> 00:05:35 | to be mean spirited. I don't mean to be trolling, but I want you to know go back |
49 | 00:05:35 --> 00:05:39 | and watch their live streams and you'll see that they're absolutely bullish |
50 | 00:05:39 --> 00:05:39 | right now. You |
51 | 00:05:45 --> 00:05:50 | so I'm watching price. I'm watching how the bodies are behaving in here. All the |
52 | 00:05:50 --> 00:05:55 | bodies should be respecting that inversion fair value gap. And I just |
53 | 00:05:55 --> 00:06:03 | noticed that that's wonky. I noticed the other day my my annotations on my trend |
54 | 00:06:03 --> 00:06:07 | line segments on trading view, I would toggle to bottom and it would show on |
55 | 00:06:07 --> 00:06:11 | the top and vice versa. So I'm not sure if I was a glitch or whatnot, but so |
56 | 00:06:11 --> 00:06:14 | far, I like what we're seeing here. That's a nice signature in price |
57 | 00:06:14 --> 00:06:22 | delivery, where it's showing the bodies respecting that shaded area. So this is |
58 | 00:06:22 --> 00:06:29 | one of my reversal patterns, and it's based on an algorithmic script that |
59 | 00:06:29 --> 00:06:33 | price runs on. And I know some of you that are watching this video that are |
60 | 00:06:33 --> 00:06:36 | not in my telegram channel or not in my private mentorship, and watching me do |
61 | 00:06:36 --> 00:06:41 | this day by day by day for years, it's going to seem a little too good to be |
62 | 00:06:41 --> 00:06:47 | true, but there's about 44,000 of you that have watched me today and |
63 | 00:06:47 --> 00:06:52 | yesterday. I should have been about 36,000 I think of you in the telegram |
64 | 00:06:52 --> 00:06:56 | channel. So I'm I'm envisioning how the market is going to drop down into that |
65 | 00:06:56 --> 00:07:00 | first minor sell side liquidity pool, and I'm going to observe how it does it? |
66 | 00:07:03 --> 00:07:06 | Does it start to go down? Does it need to come back and trade back into the |
67 | 00:07:06 --> 00:07:10 | inversion fair value gap? Does it need to throw a couple more wicks in above |
68 | 00:07:10 --> 00:07:15 | it? That's what my concern is, right here. Right now. It is not I'm going to |
69 | 00:07:15 --> 00:07:19 | get stopped out right now. Your heart palpitations would be increasing. I'm |
70 | 00:07:19 --> 00:07:24 | not thinking that. I'm watching all this here, and I want to see it reject and go |
71 | 00:07:24 --> 00:07:26 | lower, see that one body outside of it right here. |
72 | 00:07:33 --> 00:07:37 | Watch how close it gets to the stop, but it does not get to it. I'm |
73 | 00:07:53 --> 00:07:55 | both live traders. They're they're getting real excited right now. They |
74 | 00:07:55 --> 00:08:00 | like that. You see that. You see how I got real close to that stop loss. |
75 | 00:08:00 --> 00:08:09 | Nothing has changed. You shall not pass now, when the boys talk about macros, |
76 | 00:08:09 --> 00:08:11 | because they heard me talk about them, they're not going to be able to |
77 | 00:08:11 --> 00:08:15 | understand how this is done. And I've never promised I was going to teach that |
78 | 00:08:15 --> 00:08:20 | to you, but this is what separates me from everybody else, and for for the |
79 | 00:08:20 --> 00:08:25 | hooks to say there is no algorithm. Just watch this one. So so far we've seen |
80 | 00:08:25 --> 00:08:31 | that candle create the turn, and it's trading down into a high standard |
81 | 00:08:31 --> 00:08:34 | balance cell sign in efficiency. But it might need to come back up in there and |
82 | 00:08:34 --> 00:08:40 | touch the low of that. I just realized that that says negative fair value cap. |
83 | 00:08:40 --> 00:08:45 | It should be, I'm going to practice a little bit of leniency on myself. I'm |
84 | 00:08:45 --> 00:08:49 | not going to change it. I'll just leave it at negative fair value gap. But it's |
85 | 00:08:49 --> 00:08:52 | an inversion fair value gap, because it started as a buy side to balance cell |
86 | 00:08:52 --> 00:08:57 | sign efficiency initially, and it should keep price at bank. Now you might be |
87 | 00:08:57 --> 00:09:02 | looking at those bodies that are outside of that, and might be scaring you, and |
88 | 00:09:02 --> 00:09:06 | they probably would scare you if you were in this trade. If we were looking |
89 | 00:09:06 --> 00:09:11 | at this on a two minute chart or a three minute chart in this area here, watch |
90 | 00:09:11 --> 00:09:18 | the bodies. Okay, typical facetious comments in here told you so. |
91 | 00:09:23 --> 00:09:30 | And now the worst case scenario, it can come back up and trade to the rejection |
92 | 00:09:30 --> 00:09:37 | block, which is the highest up close candle prior to this rotation lower. So |
93 | 00:09:37 --> 00:09:42 | in my mind, the stop loss is absolutely still placed correctly, because the |
94 | 00:09:42 --> 00:09:47 | algorithmic script is going to indicate that it cannot and should not go any |
95 | 00:09:47 --> 00:09:53 | higher than that, meaning that what you saw the highest delivery in that little |
96 | 00:09:53 --> 00:09:57 | wick that's as far as it's going to go, even this return in here, does not worry |
97 | 00:09:57 --> 00:09:58 | me. It doesn't bother me. I'm. |
98 | 00:10:13 --> 00:10:19 | I want to, all right, getting my limit orders in. I think I want to change that |
99 | 00:10:20 --> 00:10:24 | by limit with three contracts. I'm gonna probably change that to a little bit |
100 | 00:10:24 --> 00:10:28 | more than that, and take something a little bit shorter term as a target, |
101 | 00:10:28 --> 00:10:37 | just to illustrate how you might do a market on clothes macro trade. So if you |
102 | 00:10:37 --> 00:10:42 | were in my telegram, you watched me get real close to the low of the day during |
103 | 00:10:42 --> 00:10:48 | my commentary real time this morning, based on the daily inversion fair value |
104 | 00:10:48 --> 00:10:52 | got that we were starting our week off with. And if you don't know what that |
105 | 00:10:52 --> 00:10:55 | is, obviously, if you check the telegram channel out, it's completely free, |
106 | 00:10:55 --> 00:10:59 | folks. I'm not charging you for it. You'll see what I'm talking about. So |
107 | 00:10:59 --> 00:11:07 | let's change that there. Take three inside that fair value gap, and I'll |
108 | 00:11:07 --> 00:11:11 | entertain a minute. And then I want five contracts under that minor cell side |
109 | 00:11:11 --> 00:11:18 | liquid pole. So I'll highlight what I'm limiting out on. This is a very, very |
110 | 00:11:19 --> 00:11:24 | easy, low hanging fruit objective, so worst case scenario, saying that |
111 | 00:11:24 --> 00:11:28 | Michael's wrong, and they want to run out that high and go outside of script. |
112 | 00:11:28 --> 00:11:31 | And they certainly can do that, but I don't believe they're going to do that, |
113 | 00:11:31 --> 00:11:36 | because they have stretched this out all day to the upside. So now they're going |
114 | 00:11:36 --> 00:11:41 | to worry about tricking people to go long because they think it's going to |
115 | 00:11:41 --> 00:11:45 | break out above those relative equal highs. And it's not going to do that, |
116 | 00:11:45 --> 00:11:51 | folks, some of you saying, hey, but if you would have got it wrong, you |
117 | 00:11:51 --> 00:11:54 | wouldn't have shown this Well, tell me how I'm doing what I'm doing live in |
118 | 00:11:54 --> 00:11:58 | front of 40,000 people, candle by candle, and it's turning on a dime and |
119 | 00:11:58 --> 00:12:04 | going right where I want it to go. That's probably luck, right? All right, |
120 | 00:12:04 --> 00:12:09 | so I'm looking at this little shaded area, or not shaded area here. I'm |
121 | 00:12:09 --> 00:12:13 | putting these shade of orange trend lines in here, and instead of putting |
122 | 00:12:13 --> 00:12:17 | another rectangle, I'm trying to start clean. So I'm watching how the bodies |
123 | 00:12:17 --> 00:12:23 | are being delivered, and we're trading right back into the butt end of that |
124 | 00:12:23 --> 00:12:26 | inversion free bag at the shaded in orange. And you extend this over a |
125 | 00:12:26 --> 00:12:34 | little bit, all right? And just to prove to you that I'm not worried about this |
126 | 00:12:34 --> 00:12:37 | is see it's trading at consequent encroachment right there. That's a |
127 | 00:12:37 --> 00:12:45 | midpoint of that the inversion, fair value, darker. Can see it now I'm going |
128 | 00:12:45 --> 00:12:55 | to add one more contract for the short and not worry about having any concern |
129 | 00:12:55 --> 00:13:00 | for that high being blown out and taking my stop loss. Watch how price is this |
130 | 00:13:00 --> 00:13:04 | meandering around inside of that inversion fair value gap? It's kissing |
131 | 00:13:04 --> 00:13:08 | the midpoint of it. That's consequent encroachment. And I'm watching to see. |
132 | 00:13:08 --> 00:13:14 | Does it want to rip through that and touch the high of the inversion fair |
133 | 00:13:14 --> 00:13:21 | value gap? I'll, I'll sell the contract there, making it 16 contracts short, or |
134 | 00:13:22 --> 00:13:27 | Okay, So that right there, that's indicating that it is. It's telling me, |
135 | 00:13:27 --> 00:13:31 | once it go lower, that's what that is, right there. But I'm, I'm waiting for |
136 | 00:13:31 --> 00:13:35 | another opportunity to touch that inversion, fair value gap, once more. |
137 | 00:13:39 --> 00:13:46 | That is how it did that rotation right at the midpoint. Now there's a small |
138 | 00:13:46 --> 00:13:55 | little volume imbalance towards the high that inversion fair value got. We might |
139 | 00:13:55 --> 00:14:01 | want to wick into that one more time. Traders that use rudimentary ideas like |
140 | 00:14:02 --> 00:14:07 | bull flags and bear flags. They're seeing a bull flag here and three live |
141 | 00:14:07 --> 00:14:13 | streamers that you would probably know well, also they're looking for a break |
142 | 00:14:13 --> 00:14:20 | higher based on that premise. I do not see that now they might deliver price |
143 | 00:14:20 --> 00:14:24 | back up into that inversion for your value gap, and bait them into taking |
144 | 00:14:24 --> 00:14:30 | that by hoping it's going to break out to a higher high. But I think they're |
145 | 00:14:30 --> 00:14:34 | going to do a rug pool and down in that blue shaded area, and maybe even lower. |
146 | 00:14:36 --> 00:14:39 | But I'm going to use the low hanging fruit objective of getting out at the |
147 | 00:14:39 --> 00:14:48 | high of that blue shaded area down here. All right, so we're back in consequent |
148 | 00:14:48 --> 00:14:54 | encroachment of the inversion for value gap, and we're just in striking distance |
149 | 00:14:54 --> 00:14:56 | of that volume imbalance near the high so. |
150 | 00:15:02 --> 00:15:07 | Okay, watch, watch closely that stop loss will not get hit that right there |
151 | 00:15:07 --> 00:15:12 | is tricking traders into thinking that it's a bull flag and that validated |
152 | 00:15:12 --> 00:15:14 | their their purchase. You |
153 | 00:15:36 --> 00:15:37 | come on, treating you. You're lagging. |
154 | 00:15:42 --> 00:15:46 | Okay? Well, I just typed it, and it's not reflecting on there, so they're |
155 | 00:15:46 --> 00:15:51 | glitching out here, putting your game on trading view. |
156 | 00:15:57 --> 00:16:01 | All right. Well, basically, just watch and see how the bodies lay inside that |
157 | 00:16:01 --> 00:16:05 | inversion, payback gap. Still, all they did was validated bull flag breakout |
158 | 00:16:05 --> 00:16:10 | retail wants to be long. They gave them the bait. Okay, well, now time for the |
159 | 00:16:10 --> 00:16:14 | market to show you what it really wants to do. And again, I'm not concerned |
160 | 00:16:14 --> 00:16:15 | about that stop loss |
161 | 00:16:21 --> 00:16:26 | there. Okay, there just updated. You guys. Got to get that stuff fixed over |
162 | 00:16:26 --> 00:16:32 | there. All right, so I want to see it rotate down below those two orange trend |
163 | 00:16:32 --> 00:16:36 | lines. I'm going to see it trade down below it. And then once it does that, I |
164 | 00:16:36 --> 00:16:42 | want to see it stay below the half of it. And I'll show you what that means |
165 | 00:16:42 --> 00:16:48 | and looks like once it starts to move lower, one more kiss to the high of the |
166 | 00:16:48 --> 00:16:53 | inversion fairway gap. It's like a sweetheart taking a train. She's giving |
167 | 00:16:53 --> 00:16:59 | you a kiss goodbye. She's going down on the southbound train. Okay, okay, |
168 | 00:16:59 --> 00:17:09 | Michael. I still looks good, don't it? None of you mentors out there that's |
169 | 00:17:09 --> 00:17:15 | trying to teach algorithmic stuff, you can't see this because it's not in your |
170 | 00:17:15 --> 00:17:18 | indicators. It's not in the things that you think you understood about price. |
171 | 00:17:19 --> 00:17:23 | It's all coded onto this. |
172 | 00:17:29 --> 00:17:34 | All the work is done now, let me extend this out of the way here. |
173 | 00:17:39 --> 00:17:49 | Bull flag traders are looking for a rip higher breakout. Traders, longs, great. |
174 | 00:17:54 --> 00:17:58 | What is that line? Stream? Let me fix that here. Come on, |
175 | 00:18:00 --> 00:18:07 | break it out here. Here we go. What the heck Come on? There you go. |
176 | 00:18:10 --> 00:18:25 | Alrighty, so we're watching last few minutes before the market on close |
177 | 00:18:26 --> 00:18:31 | macro, which is the algorithmic script. It's not buying and selling pressure. It |
178 | 00:18:31 --> 00:18:35 | has nothing to do with those numbers. You hear a certain website or a certain |
179 | 00:18:37 --> 00:18:41 | YouTube channel tell you it's this many buy side and this many cells absolutely |
180 | 00:18:41 --> 00:18:44 | has nothing to do. I'm going to prove it to you, because all you have to do is go |
181 | 00:18:44 --> 00:18:49 | watch. And if you think about who I'm talking about, you go back and watch it. |
182 | 00:18:49 --> 00:18:54 | List their live stream, because they keep their recordings up, you'll hear |
183 | 00:18:55 --> 00:18:58 | that. It sounds cool. It sounds technical. Wow, we have some data here. |
184 | 00:18:59 --> 00:19:02 | None of that matters to me, because I already know what this is going to do. |
185 | 00:19:08 --> 00:19:12 | Just keep your eye on that blue rectangle down here, because that's |
186 | 00:19:12 --> 00:19:13 | where it's going to draw |
187 | 00:19:22 --> 00:19:26 | to I know some of you. Probably don't like these kind of videos. Just filter |
188 | 00:19:26 --> 00:19:30 | that that part out, okay? But I'm just trying to prove to you that there's a |
189 | 00:19:30 --> 00:19:33 | difference between people that think they know what they're talking about |
190 | 00:19:33 --> 00:19:44 | because they want to sell courses and grab one more there and then just want |
191 | 00:19:44 --> 00:19:47 | to catch it before it leaves that inversion fair value got. So now we |
192 | 00:19:47 --> 00:19:54 | should start to see real nice heaviness in here. Want to see it trade down |
193 | 00:19:54 --> 00:20:00 | sharply into that first limit order of three contracts. But I. You talking |
194 | 00:20:00 --> 00:20:04 | about something in hindsight, or talking about theoretically, and then being able |
195 | 00:20:04 --> 00:20:07 | to display it like this and like you're watching me do live in front of |
196 | 00:20:07 --> 00:20:11 | everybody in the telegram channel. I don't edit anything and I never delete |
197 | 00:20:11 --> 00:20:15 | anything. So if I misspell something in the telegram channel, it's going to stay |
198 | 00:20:15 --> 00:20:23 | there. Let's see how heavy that looks. Now I want to see it touch the lower |
199 | 00:20:23 --> 00:20:32 | orange level, right here, there, and then drop hard right into that first |
200 | 00:20:32 --> 00:20:36 | blue shaded fair value got, because that's an inefficiency, and the |
201 | 00:20:36 --> 00:20:39 | algorithm already knows it's there. It's keying off of that information. And |
202 | 00:20:39 --> 00:20:44 | here's the midpoint. So everything needs to stay below that. But right now, if |
203 | 00:20:44 --> 00:20:50 | it's following script, it should just dive right into that. Right now, right |
204 | 00:20:50 --> 00:21:01 | down in name. Just keep your eye on that. And basically, there you go, just |
205 | 00:21:01 --> 00:21:05 | like magic, isn't it magic? Mike, that's going to start calling me around here |
206 | 00:21:05 --> 00:21:15 | now. All right, so now what it can do is it can rotate back up to the lower but |
207 | 00:21:15 --> 00:21:20 | before dropping down to that low, I'd like to see it return back up into that |
208 | 00:21:20 --> 00:21:25 | lower, shaded orange line. There's a volume imbalance between the candlestick |
209 | 00:21:25 --> 00:21:31 | that just closed and the one that broke below the lower orange line. So that's |
210 | 00:21:31 --> 00:21:37 | where my eye is, and it's the lower orange level line. It will act like an |
211 | 00:21:37 --> 00:21:42 | inversion fair bag, yeah. Okay, and drop down into that blue shaded area. So |
212 | 00:21:42 --> 00:21:47 | think of those two orange lines as another orange rectangle. But just to |
213 | 00:21:47 --> 00:21:51 | keep the chart clean, and, you know, allowing me to show you details without |
214 | 00:21:51 --> 00:21:56 | cluttering all the chart up, I'm showing you the logic of what the what the |
215 | 00:21:56 --> 00:22:02 | perspective is I have let me add what I'm going to take contracts off below |
216 | 00:22:02 --> 00:22:08 | that minor South Side liquidity pool. I have a sneaky suspicion that they're |
217 | 00:22:08 --> 00:22:17 | probably going to pull some shenanigans here in the last few minutes. Already, |
218 | 00:22:17 --> 00:22:21 | we've already seen enough to know that there's something else going on, except |
219 | 00:22:21 --> 00:22:32 | for buying and selling pressure. All right, okay, we might be. We're going to |
220 | 00:22:32 --> 00:22:40 | go up in the debt, volume of balance. Worst case scenario, it tags the |
221 | 00:22:41 --> 00:22:46 | midpoint of the two orange lines that I drew. Let's drag this out here a little |
222 | 00:22:46 --> 00:22:48 | bit more. Get it set on four o'clock. |
223 | 00:22:57 --> 00:23:04 | So any retracement here will fulfill the cell sign and balance buy sign |
224 | 00:23:04 --> 00:23:10 | efficiency and the volume imbalance. Two candles back and it worst case scenario, |
225 | 00:23:10 --> 00:23:19 | you can trade back up to the midpoint that's highlighted at 21,004, 11.75, so |
226 | 00:23:25 --> 00:23:28 | in a perfect world, it could hit where we're at right now, use that as |
227 | 00:23:28 --> 00:23:34 | inversion and just tank it. But I think that they're going to want to try to |
228 | 00:23:34 --> 00:23:37 | send it up a little bit higher. But I'm certainly not worried about my stop |
229 | 00:23:37 --> 00:23:43 | loss, because it's now covering costs. I'm not worried about that. I've taken |
230 | 00:23:43 --> 00:23:50 | that first partial worst case scenario. If it rips up there, and I'm wrong, |
231 | 00:23:50 --> 00:23:57 | you'll see it. But based, you know, based on what it's doing here, it looks |
232 | 00:23:57 --> 00:24:02 | like it's trying to create a short term swing low. So I would expect it to try |
233 | 00:24:02 --> 00:24:07 | to drive back up into that city and maybe tap that volume and balance. I |
234 | 00:24:10 --> 00:24:15 | certainly don't think it needs to go any higher than 21,004, 11.75 so if it even |
235 | 00:24:15 --> 00:24:19 | gets close to that and fails and starts to rotate lower, that's a signature I'd |
236 | 00:24:19 --> 00:24:20 | like to see. |
237 | 00:24:28 --> 00:24:33 | I would try not to add any more annotations, because it's already a lot |
238 | 00:24:33 --> 00:24:34 | busier than I like to have the chart look I'm |
239 | 00:24:50 --> 00:25:00 | I'll just add that one there to paint here. All right, so I'm. I'm including |
240 | 00:25:00 --> 00:25:05 | the volume imbalance at the high of it now, because of the time it's spent in |
241 | 00:25:05 --> 00:25:09 | this area, I don't think it needs to go back to the consequent encroachment at |
242 | 00:25:09 --> 00:25:17 | 21,004 11.75 so the volume imbalance and maybe a wick touch into the lower orange |
243 | 00:25:17 --> 00:25:22 | line. There's your volume of balance treated to, and there is that me, |
244 | 00:25:30 --> 00:25:34 | let me take this line, extend it a little bit more so as a perfect little |
245 | 00:25:34 --> 00:25:40 | kiss. There. I like that. So now I want to see price respect the lower half and |
246 | 00:25:40 --> 00:25:46 | consequent crochet with that pink siby, okay, it should not go any higher than |
247 | 00:25:46 --> 00:25:52 | as right now, if everything is running to script, the macro script that is |
248 | 00:25:52 --> 00:25:56 | going to deliver price down to that blue shaded area, because there's no buying |
249 | 00:25:56 --> 00:25:59 | and selling pressure causing this. Folks, I know it sounds cool. It sounds |
250 | 00:25:59 --> 00:26:04 | like you're a traitor when you use that lingo. But that's not what's going |
251 | 00:26:09 --> 00:26:14 | on. So that little wit there was an immediate rebalance, but I think it's |
252 | 00:26:14 --> 00:26:21 | going to give up the ghost the next candle or so should really dictate the |
253 | 00:26:21 --> 00:26:26 | the narrative here. I don't want to see it trade outside of the high of that |
254 | 00:26:26 --> 00:26:30 | pink shaded box and the volume and balance. So there's two PD arrays |
255 | 00:26:30 --> 00:26:34 | defending this on the upside. Now it's the high of the volume imbalance and |
256 | 00:26:34 --> 00:26:40 | it's the high of that city that's shaded pink. So I like this, but there's a |
257 | 00:26:40 --> 00:26:44 | little volume of balance it just traded into. So it's normal for it to trade |
258 | 00:26:44 --> 00:26:53 | back up into the halfway point of that pink city. Rest. If it just just dropped |
259 | 00:26:53 --> 00:27:01 | right here, that'd be wonderful. I don't I don't think that it needs to go back |
260 | 00:27:02 --> 00:27:11 | up to touch the orange lower line that it just treated to just a little bit |
261 | 00:27:11 --> 00:27:15 | here changes. So in my mind, I'm going to look at that as an inversion, fair |
262 | 00:27:15 --> 00:27:20 | value gap. Now again, inversion, fair value gaps. All of my PD raise can can |
263 | 00:27:20 --> 00:27:25 | be overlapped, knowing the narrative where price is likely to go see i i |
264 | 00:27:25 --> 00:27:31 | think this is going to trade back up into that and then drop lower. And what |
265 | 00:27:31 --> 00:27:35 | I mean by trading back up into it is that Sibi sells out a bounce by |
266 | 00:27:35 --> 00:27:37 | significance agency that's in pink |
267 | 00:27:42 --> 00:27:46 | now because we're in that old bullish, fair value gap that I just changed the |
268 | 00:27:46 --> 00:27:53 | color, it can pump it up into that Pink City, but I don't believe we're going to |
269 | 00:27:53 --> 00:28:03 | go back up into These off in here. Okay, we're close to the high, so it might |
270 | 00:28:03 --> 00:28:13 | tap. I'm going to draw out the market on close macro box here, but I want you to |
271 | 00:28:13 --> 00:28:17 | really pay attention to what prices don't it just touch the high that city |
272 | 00:28:17 --> 00:28:24 | and the volume and bounce this down here |
273 | 00:28:32 --> 00:28:38 | at 345 to four o'clock. That's our macro. Mark it on close macro, okay, and |
274 | 00:28:38 --> 00:28:42 | what that is is it's a script where price will start ripping for liquidity. |
275 | 00:28:42 --> 00:28:45 | I've already given you where it's going to go. So we went right to the high of |
276 | 00:28:45 --> 00:28:49 | that city and closed again one more time the volume imbalance. So now I want to |
277 | 00:28:49 --> 00:28:54 | see price really make an attempt, or convince me. Let's put it that way, that |
278 | 00:28:54 --> 00:29:00 | it wants to drive down the debt minus sell side liquidity pool. So we've had |
279 | 00:29:01 --> 00:29:06 | price trade to the high of that city two PD arrays defending it until technically |
280 | 00:29:06 --> 00:29:13 | three. It's a lower Orange Line, the volume and bounds and the city high end |
281 | 00:29:13 --> 00:29:20 | range. So now it should, with no problem at all, start ripping through that lower |
282 | 00:29:20 --> 00:29:26 | orange box like that. And in the perfect world, it should not come back on the |
283 | 00:29:26 --> 00:29:30 | next candle to even come back and touch it and just rip through it and trade |
284 | 00:29:30 --> 00:29:33 | down into that minor South Side liquidity pool and give me my first |
285 | 00:29:33 --> 00:29:40 | partial want to see speed and magnitude. That means the candles should start |
286 | 00:29:40 --> 00:29:45 | elongating, becoming large, black, stretched out candles. We want to see |
287 | 00:29:45 --> 00:29:50 | black limousines taking it downtown. You like that? I don't know where this stuff |
288 | 00:29:50 --> 00:29:54 | comes from. I don't have any idea where it comes from. Sounds cool though, |
289 | 00:29:54 --> 00:30:01 | doesn't it? This guy loves himself too much. All right. So. Uh, 345, let me put |
290 | 00:30:01 --> 00:30:06 | that right where it needs to be at. There you go, and you'll notice that |
291 | 00:30:06 --> 00:30:10 | that starts to rip at the top of that cell, center bounce. Buy something |
292 | 00:30:10 --> 00:30:15 | efficiency. Now I know, I know some of you that are watching this for the first |
293 | 00:30:15 --> 00:30:19 | time. You're you're thinking, this is all cherry picked, but am I cherry |
294 | 00:30:19 --> 00:30:25 | picking it in front of 40,000 people now live in telegram. Oh, it's delicious, |
295 | 00:30:25 --> 00:30:32 | isn't it? Okay? We got some limousines coming downtown. Now let's go. Come on, |
296 | 00:30:32 --> 00:30:41 | give me some stretch limousines. All right. Oh, would you see that? It just |
297 | 00:30:41 --> 00:30:48 | tapped it. Okay, we're gonna see another one open in this. Oh, there it is. It |
298 | 00:30:48 --> 00:30:53 | gave me it. So I now want to see the next candle, or series of candles. |
299 | 00:30:53 --> 00:31:00 | Really. Just dive down here. No return, back up into that lower inversion. Fair |
300 | 00:31:00 --> 00:31:05 | Value. Got this shaded orange. So the next candle, when it opens, it should |
301 | 00:31:05 --> 00:31:09 | just dive down. I'm going to roll my stop down here. So that's definitely not |
302 | 00:31:09 --> 00:31:10 | likely to go up that level. |
303 | 00:31:15 --> 00:31:20 | Okay, four seconds the next candlestick open, and it should just dive down into |
304 | 00:31:20 --> 00:31:24 | that and dump it. |
305 | 00:31:30 --> 00:31:38 | Here she comes. Look at that blue shaded area as the best nightclub. And now |
306 | 00:31:38 --> 00:31:44 | these black limousines are showing up at the front door, and inside one of them, |
307 | 00:31:48 --> 00:31:48 | yours truly, |
308 | 00:31:55 --> 00:32:02 | come on. There you go. Drop it. There you go. So anyway, this was just a |
309 | 00:32:02 --> 00:32:07 | display of who knows what. And again, these are some of the things that I'm |
310 | 00:32:07 --> 00:32:11 | never going to teach you. You can clearly see why, because it's extremely |
311 | 00:32:11 --> 00:32:17 | advantageous. And here is what you can see great at the beginning of that macro |
312 | 00:32:17 --> 00:32:23 | at 345 delivered perfect, just like a multiplication table. Hope you found the |
313 | 00:32:23 --> 00:32:27 | insightful. Hope it encouraged you. And don't be mad at me in the comments. I'm |
314 | 00:32:27 --> 00:32:32 | just showing you who's who. Don't talk to you next time. Be safe. You. |