Wiki source code of ICT YT - 2025-01-29 - 2025 Lecture Series - SMC Algorithmic Market On Close Macro
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2 | |1 |00:00:00 ~-~-> 00:00:17 |ICT: All right, folks, welcome back. This is smart money concept, | ||
3 | |2 |00:00:17 ~-~-> 00:00:23 |algorithmic, market on clothes, macro to mouthful. I know. So I'm about to | ||
4 | |3 |00:00:23 ~-~-> 00:00:28 |demonstrate something that your other mentors out there are not going to be | ||
5 | |4 |00:00:28 ~-~-> 00:00:32 |able to duplicate. They might talk about the last hour trading and macros | ||
6 | |5 |00:00:32 ~-~-> 00:00:36 |existing, but they're not going to be able to show you what this is. All | ||
7 | |6 |00:00:36 ~-~-> 00:00:40 |right. So I'm establishing a short inside of a inversion fair value gap, | ||
8 | |7 |00:00:40 ~-~-> 00:00:49 |and that's this separation here, including the volume imbalance both | ||
9 | |8 |00:00:49 ~-~-> 00:00:56 |sides of the range. And I'll change this color here to my standard orange hue, | ||
10 | |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 | ||
11 | |10 |00:01:04 ~-~-> 00:01:08 |now I'm going to place my stop loss there. Notice I do not move that stop | ||
12 | |11 |00:01:08 ~-~-> 00:01:14 |higher, and I'm going to target that little short term low there, with a fair | ||
13 | |12 |00:01:14 ~-~-> 00:01:24 |value gap, volume and balance included. That's I'll shade that blue, because the | ||
14 | |13 |00:01:24 ~-~-> 00:01:32 |discount array, okay, and I'm going to add some more here as we're at the | ||
15 | |14 |00:01:32 ~-~-> 00:01:43 |consequent encroachment of that inversion fair value gap. And lead more | ||
16 | |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. | ||
17 | |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 | ||
18 | |17 |00:01:58 ~-~-> 00:02:02 |below that. And below that swing low, we have that blue shaded buy side and | ||
19 | |18 |00:02:02 ~-~-> 00:02:08 |balance cell sign efficiency. This is the daily high on regular trading hours. | ||
20 | |19 |00:02:18 ~-~-> 00:02:26 |Set, meaning that it's not going to make a higher high ask your other mentors if | ||
21 | |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 | ||
22 | |21 |00:02:31 ~-~-> 00:02:39 |stop loss management and stop loss placement. All right, so going to put | ||
23 | |22 |00:02:39 ~-~-> 00:02:45 |our first limit order in there. That might change. I might increase that for | ||
24 | |23 |00:02:45 ~-~-> 00:02:52 |now. That's going to be significant enough to add the 10 contracts I have on | ||
25 | |24 |00:02:52 ~-~-> 00:02:58 |at the present time, Southside liquidity I'm | ||
26 | |25 |00:03:04 ~-~-> 00:03:10 |I know you guys that want to send comments to me. You can make that | ||
27 | |26 |00:03:10 ~-~-> 00:03:19 |automatic, elongate that inversion, fair value gap. Make sure you guys know what | ||
28 | |27 |00:03:19 ~-~-> 00:03:24 |I'm looking at here. Bearish fair Vega, okay, so | ||
29 | |28 |00:03:30 ~-~-> 00:03:37 |notice the stop loss, and notice also I'm adding right inside the high of that | ||
30 | |29 |00:03:38 ~-~-> 00:03:44 |inversion. Fair Vega. Bring this down so I can keep this I | ||
31 | |30 |00:03:49 ~-~-> 00:03:56 |want to try to keep the bottom of the range showing as much as I can. You | ||
32 | |31 |00:03:56 ~-~-> 00:04:03 |scrunch this up a little bit, bring it down. That should be good. Yeah, all | ||
33 | |32 |00:04:03 ~-~-> 00:04:10 |right, so notice I'm shorting inside of that former bullish buy, sound and | ||
34 | |33 |00:04:10 ~-~-> 00:04:16 |balance outside efficiency, fair value got and market looks like it wants to | ||
35 | |34 |00:04:16 ~-~-> 00:04:20 |rally higher. And I'm watching other live streamers, and they're all | ||
36 | |35 |00:04:20 ~-~-> 00:04:23 |chattering about how they want to go higher, but all inside this price action | ||
37 | |36 |00:04:23 ~-~-> 00:04:31 |in here that's already delivered, and my stop loss is absolutely 100% safe. Now | ||
38 | |37 |00:04:32 ~-~-> 00:04:35 |they can throw a manipulation in there and wipe me out, but that's not going to | ||
39 | |38 |00:04:35 ~-~-> 00:04:40 |follow the script. So the script is the daily high is already set. So any type | ||
40 | |39 |00:04:40 ~-~-> 00:04:41 |of wick. | ||
41 | |40 |00:04:49 ~-~-> 00:04:56 |Bodies shall not pass. Okay, so I want you to pay attention to this. Okay, this | ||
42 | |41 |00:04:56 ~-~-> 00:05:00 |is just a demonstration. I know it's going to make you mad, because. I'm not | ||
43 | |42 |00:05:00 ~-~-> 00:05:03 |going to teach this to you, but this is just separating the men from the boys | ||
44 | |43 |00:05:03 ~-~-> 00:05:09 |and then me. So notice that there's little wicks that are forming above the | ||
45 | |44 |00:05:09 ~-~-> 00:05:14 |inversion fair value gap. That is permissible, but it will not trade to | ||
46 | |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 | ||
47 | |46 |00:05:19 ~-~-> 00:05:24 |worried about it making a higher high, and live streamers and your friendly | ||
48 | |47 |00:05:24 ~-~-> 00:05:31 |neighborhood prop firms are all looking for longs right now. We don't say that | ||
49 | |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 | ||
50 | |49 |00:05:35 ~-~-> 00:05:39 |and watch their live streams and you'll see that they're absolutely bullish | ||
51 | |50 |00:05:39 ~-~-> 00:05:39 |right now. You | ||
52 | |51 |00:05:45 ~-~-> 00:05:50 |so I'm watching price. I'm watching how the bodies are behaving in here. All the | ||
53 | |52 |00:05:50 ~-~-> 00:05:55 |bodies should be respecting that inversion fair value gap. And I just | ||
54 | |53 |00:05:55 ~-~-> 00:06:03 |noticed that that's wonky. I noticed the other day my my annotations on my trend | ||
55 | |54 |00:06:03 ~-~-> 00:06:07 |line segments on trading view, I would toggle to bottom and it would show on | ||
56 | |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 | ||
57 | |56 |00:06:11 ~-~-> 00:06:14 |far, I like what we're seeing here. That's a nice signature in price | ||
58 | |57 |00:06:14 ~-~-> 00:06:22 |delivery, where it's showing the bodies respecting that shaded area. So this is | ||
59 | |58 |00:06:22 ~-~-> 00:06:29 |one of my reversal patterns, and it's based on an algorithmic script that | ||
60 | |59 |00:06:29 ~-~-> 00:06:33 |price runs on. And I know some of you that are watching this video that are | ||
61 | |60 |00:06:33 ~-~-> 00:06:36 |not in my telegram channel or not in my private mentorship, and watching me do | ||
62 | |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 | ||
63 | |62 |00:06:41 ~-~-> 00:06:47 |true, but there's about 44,000 of you that have watched me today and | ||
64 | |63 |00:06:47 ~-~-> 00:06:52 |yesterday. I should have been about 36,000 I think of you in the telegram | ||
65 | |64 |00:06:52 ~-~-> 00:06:56 |channel. So I'm I'm envisioning how the market is going to drop down into that | ||
66 | |65 |00:06:56 ~-~-> 00:07:00 |first minor sell side liquidity pool, and I'm going to observe how it does it? | ||
67 | |66 |00:07:03 ~-~-> 00:07:06 |Does it start to go down? Does it need to come back and trade back into the | ||
68 | |67 |00:07:06 ~-~-> 00:07:10 |inversion fair value gap? Does it need to throw a couple more wicks in above | ||
69 | |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 | ||
70 | |69 |00:07:15 ~-~-> 00:07:19 |get stopped out right now. Your heart palpitations would be increasing. I'm | ||
71 | |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 | ||
72 | |71 |00:07:24 ~-~-> 00:07:26 |lower, see that one body outside of it right here. | ||
73 | |72 |00:07:33 ~-~-> 00:07:37 |Watch how close it gets to the stop, but it does not get to it. I'm | ||
74 | |73 |00:07:53 ~-~-> 00:07:55 |both live traders. They're they're getting real excited right now. They | ||
75 | |74 |00:07:55 ~-~-> 00:08:00 |like that. You see that. You see how I got real close to that stop loss. | ||
76 | |75 |00:08:00 ~-~-> 00:08:09 |Nothing has changed. You shall not pass now, when the boys talk about macros, | ||
77 | |76 |00:08:09 ~-~-> 00:08:11 |because they heard me talk about them, they're not going to be able to | ||
78 | |77 |00:08:11 ~-~-> 00:08:15 |understand how this is done. And I've never promised I was going to teach that | ||
79 | |78 |00:08:15 ~-~-> 00:08:20 |to you, but this is what separates me from everybody else, and for for the | ||
80 | |79 |00:08:20 ~-~-> 00:08:25 |hooks to say there is no algorithm. Just watch this one. So so far we've seen | ||
81 | |80 |00:08:25 ~-~-> 00:08:31 |that candle create the turn, and it's trading down into a high standard | ||
82 | |81 |00:08:31 ~-~-> 00:08:34 |balance cell sign in efficiency. But it might need to come back up in there and | ||
83 | |82 |00:08:34 ~-~-> 00:08:40 |touch the low of that. I just realized that that says negative fair value cap. | ||
84 | |83 |00:08:40 ~-~-> 00:08:45 |It should be, I'm going to practice a little bit of leniency on myself. I'm | ||
85 | |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 | ||
86 | |85 |00:08:49 ~-~-> 00:08:52 |an inversion fair value gap, because it started as a buy side to balance cell | ||
87 | |86 |00:08:52 ~-~-> 00:08:57 |sign efficiency initially, and it should keep price at bank. Now you might be | ||
88 | |87 |00:08:57 ~-~-> 00:09:02 |looking at those bodies that are outside of that, and might be scaring you, and | ||
89 | |88 |00:09:02 ~-~-> 00:09:06 |they probably would scare you if you were in this trade. If we were looking | ||
90 | |89 |00:09:06 ~-~-> 00:09:11 |at this on a two minute chart or a three minute chart in this area here, watch | ||
91 | |90 |00:09:11 ~-~-> 00:09:18 |the bodies. Okay, typical facetious comments in here told you so. | ||
92 | |91 |00:09:23 ~-~-> 00:09:30 |And now the worst case scenario, it can come back up and trade to the rejection | ||
93 | |92 |00:09:30 ~-~-> 00:09:37 |block, which is the highest up close candle prior to this rotation lower. So | ||
94 | |93 |00:09:37 ~-~-> 00:09:42 |in my mind, the stop loss is absolutely still placed correctly, because the | ||
95 | |94 |00:09:42 ~-~-> 00:09:47 |algorithmic script is going to indicate that it cannot and should not go any | ||
96 | |95 |00:09:47 ~-~-> 00:09:53 |higher than that, meaning that what you saw the highest delivery in that little | ||
97 | |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 | ||
98 | |97 |00:09:57 ~-~-> 00:09:58 |me. It doesn't bother me. I'm. | ||
99 | |98 |00:10:13 ~-~-> 00:10:19 |I want to, all right, getting my limit orders in. I think I want to change that | ||
100 | |99 |00:10:20 ~-~-> 00:10:24 |by limit with three contracts. I'm gonna probably change that to a little bit | ||
101 | |100 |00:10:24 ~-~-> 00:10:28 |more than that, and take something a little bit shorter term as a target, | ||
102 | |101 |00:10:28 ~-~-> 00:10:37 |just to illustrate how you might do a market on clothes macro trade. So if you | ||
103 | |102 |00:10:37 ~-~-> 00:10:42 |were in my telegram, you watched me get real close to the low of the day during | ||
104 | |103 |00:10:42 ~-~-> 00:10:48 |my commentary real time this morning, based on the daily inversion fair value | ||
105 | |104 |00:10:48 ~-~-> 00:10:52 |got that we were starting our week off with. And if you don't know what that | ||
106 | |105 |00:10:52 ~-~-> 00:10:55 |is, obviously, if you check the telegram channel out, it's completely free, | ||
107 | |106 |00:10:55 ~-~-> 00:10:59 |folks. I'm not charging you for it. You'll see what I'm talking about. So | ||
108 | |107 |00:10:59 ~-~-> 00:11:07 |let's change that there. Take three inside that fair value gap, and I'll | ||
109 | |108 |00:11:07 ~-~-> 00:11:11 |entertain a minute. And then I want five contracts under that minor cell side | ||
110 | |109 |00:11:11 ~-~-> 00:11:18 |liquid pole. So I'll highlight what I'm limiting out on. This is a very, very | ||
111 | |110 |00:11:19 ~-~-> 00:11:24 |easy, low hanging fruit objective, so worst case scenario, saying that | ||
112 | |111 |00:11:24 ~-~-> 00:11:28 |Michael's wrong, and they want to run out that high and go outside of script. | ||
113 | |112 |00:11:28 ~-~-> 00:11:31 |And they certainly can do that, but I don't believe they're going to do that, | ||
114 | |113 |00:11:31 ~-~-> 00:11:36 |because they have stretched this out all day to the upside. So now they're going | ||
115 | |114 |00:11:36 ~-~-> 00:11:41 |to worry about tricking people to go long because they think it's going to | ||
116 | |115 |00:11:41 ~-~-> 00:11:45 |break out above those relative equal highs. And it's not going to do that, | ||
117 | |116 |00:11:45 ~-~-> 00:11:51 |folks, some of you saying, hey, but if you would have got it wrong, you | ||
118 | |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 | ||
119 | |118 |00:11:54 ~-~-> 00:11:58 |front of 40,000 people, candle by candle, and it's turning on a dime and | ||
120 | |119 |00:11:58 ~-~-> 00:12:04 |going right where I want it to go. That's probably luck, right? All right, | ||
121 | |120 |00:12:04 ~-~-> 00:12:09 |so I'm looking at this little shaded area, or not shaded area here. I'm | ||
122 | |121 |00:12:09 ~-~-> 00:12:13 |putting these shade of orange trend lines in here, and instead of putting | ||
123 | |122 |00:12:13 ~-~-> 00:12:17 |another rectangle, I'm trying to start clean. So I'm watching how the bodies | ||
124 | |123 |00:12:17 ~-~-> 00:12:23 |are being delivered, and we're trading right back into the butt end of that | ||
125 | |124 |00:12:23 ~-~-> 00:12:26 |inversion free bag at the shaded in orange. And you extend this over a | ||
126 | |125 |00:12:26 ~-~-> 00:12:34 |little bit, all right? And just to prove to you that I'm not worried about this | ||
127 | |126 |00:12:34 ~-~-> 00:12:37 |is see it's trading at consequent encroachment right there. That's a | ||
128 | |127 |00:12:37 ~-~-> 00:12:45 |midpoint of that the inversion, fair value, darker. Can see it now I'm going | ||
129 | |128 |00:12:45 ~-~-> 00:12:55 |to add one more contract for the short and not worry about having any concern | ||
130 | |129 |00:12:55 ~-~-> 00:13:00 |for that high being blown out and taking my stop loss. Watch how price is this | ||
131 | |130 |00:13:00 ~-~-> 00:13:04 |meandering around inside of that inversion fair value gap? It's kissing | ||
132 | |131 |00:13:04 ~-~-> 00:13:08 |the midpoint of it. That's consequent encroachment. And I'm watching to see. | ||
133 | |132 |00:13:08 ~-~-> 00:13:14 |Does it want to rip through that and touch the high of the inversion fair | ||
134 | |133 |00:13:14 ~-~-> 00:13:21 |value gap? I'll, I'll sell the contract there, making it 16 contracts short, or | ||
135 | |134 |00:13:22 ~-~-> 00:13:27 |Okay, So that right there, that's indicating that it is. It's telling me, | ||
136 | |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 | ||
137 | |136 |00:13:31 ~-~-> 00:13:35 |another opportunity to touch that inversion, fair value gap, once more. | ||
138 | |137 |00:13:39 ~-~-> 00:13:46 |That is how it did that rotation right at the midpoint. Now there's a small | ||
139 | |138 |00:13:46 ~-~-> 00:13:55 |little volume imbalance towards the high that inversion fair value got. We might | ||
140 | |139 |00:13:55 ~-~-> 00:14:01 |want to wick into that one more time. Traders that use rudimentary ideas like | ||
141 | |140 |00:14:02 ~-~-> 00:14:07 |bull flags and bear flags. They're seeing a bull flag here and three live | ||
142 | |141 |00:14:07 ~-~-> 00:14:13 |streamers that you would probably know well, also they're looking for a break | ||
143 | |142 |00:14:13 ~-~-> 00:14:20 |higher based on that premise. I do not see that now they might deliver price | ||
144 | |143 |00:14:20 ~-~-> 00:14:24 |back up into that inversion for your value gap, and bait them into taking | ||
145 | |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 | ||
146 | |145 |00:14:30 ~-~-> 00:14:34 |going to do a rug pool and down in that blue shaded area, and maybe even lower. | ||
147 | |146 |00:14:36 ~-~-> 00:14:39 |But I'm going to use the low hanging fruit objective of getting out at the | ||
148 | |147 |00:14:39 ~-~-> 00:14:48 |high of that blue shaded area down here. All right, so we're back in consequent | ||
149 | |148 |00:14:48 ~-~-> 00:14:54 |encroachment of the inversion for value gap, and we're just in striking distance | ||
150 | |149 |00:14:54 ~-~-> 00:14:56 |of that volume imbalance near the high so. | ||
151 | |150 |00:15:02 ~-~-> 00:15:07 |Okay, watch, watch closely that stop loss will not get hit that right there | ||
152 | |151 |00:15:07 ~-~-> 00:15:12 |is tricking traders into thinking that it's a bull flag and that validated | ||
153 | |152 |00:15:12 ~-~-> 00:15:14 |their their purchase. You | ||
154 | |153 |00:15:36 ~-~-> 00:15:37 |come on, treating you. You're lagging. | ||
155 | |154 |00:15:42 ~-~-> 00:15:46 |Okay? Well, I just typed it, and it's not reflecting on there, so they're | ||
156 | |155 |00:15:46 ~-~-> 00:15:51 |glitching out here, putting your game on trading view. | ||
157 | |156 |00:15:57 ~-~-> 00:16:01 |All right. Well, basically, just watch and see how the bodies lay inside that | ||
158 | |157 |00:16:01 ~-~-> 00:16:05 |inversion, payback gap. Still, all they did was validated bull flag breakout | ||
159 | |158 |00:16:05 ~-~-> 00:16:10 |retail wants to be long. They gave them the bait. Okay, well, now time for the | ||
160 | |159 |00:16:10 ~-~-> 00:16:14 |market to show you what it really wants to do. And again, I'm not concerned | ||
161 | |160 |00:16:14 ~-~-> 00:16:15 |about that stop loss | ||
162 | |161 |00:16:21 ~-~-> 00:16:26 |there. Okay, there just updated. You guys. Got to get that stuff fixed over | ||
163 | |162 |00:16:26 ~-~-> 00:16:32 |there. All right, so I want to see it rotate down below those two orange trend | ||
164 | |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 | ||
165 | |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 | ||
166 | |165 |00:16:42 ~-~-> 00:16:48 |and looks like once it starts to move lower, one more kiss to the high of the | ||
167 | |166 |00:16:48 ~-~-> 00:16:53 |inversion fairway gap. It's like a sweetheart taking a train. She's giving | ||
168 | |167 |00:16:53 ~-~-> 00:16:59 |you a kiss goodbye. She's going down on the southbound train. Okay, okay, | ||
169 | |168 |00:16:59 ~-~-> 00:17:09 |Michael. I still looks good, don't it? None of you mentors out there that's | ||
170 | |169 |00:17:09 ~-~-> 00:17:15 |trying to teach algorithmic stuff, you can't see this because it's not in your | ||
171 | |170 |00:17:15 ~-~-> 00:17:18 |indicators. It's not in the things that you think you understood about price. | ||
172 | |171 |00:17:19 ~-~-> 00:17:23 |It's all coded onto this. | ||
173 | |172 |00:17:29 ~-~-> 00:17:34 |All the work is done now, let me extend this out of the way here. | ||
174 | |173 |00:17:39 ~-~-> 00:17:49 |Bull flag traders are looking for a rip higher breakout. Traders, longs, great. | ||
175 | |174 |00:17:54 ~-~-> 00:17:58 |What is that line? Stream? Let me fix that here. Come on, | ||
176 | |175 |00:18:00 ~-~-> 00:18:07 |break it out here. Here we go. What the heck Come on? There you go. | ||
177 | |176 |00:18:10 ~-~-> 00:18:25 |Alrighty, so we're watching last few minutes before the market on close | ||
178 | |177 |00:18:26 ~-~-> 00:18:31 |macro, which is the algorithmic script. It's not buying and selling pressure. It | ||
179 | |178 |00:18:31 ~-~-> 00:18:35 |has nothing to do with those numbers. You hear a certain website or a certain | ||
180 | |179 |00:18:37 ~-~-> 00:18:41 |YouTube channel tell you it's this many buy side and this many cells absolutely | ||
181 | |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 | ||
182 | |181 |00:18:44 ~-~-> 00:18:49 |watch. And if you think about who I'm talking about, you go back and watch it. | ||
183 | |182 |00:18:49 ~-~-> 00:18:54 |List their live stream, because they keep their recordings up, you'll hear | ||
184 | |183 |00:18:55 ~-~-> 00:18:58 |that. It sounds cool. It sounds technical. Wow, we have some data here. | ||
185 | |184 |00:18:59 ~-~-> 00:19:02 |None of that matters to me, because I already know what this is going to do. | ||
186 | |185 |00:19:08 ~-~-> 00:19:12 |Just keep your eye on that blue rectangle down here, because that's | ||
187 | |186 |00:19:12 ~-~-> 00:19:13 |where it's going to draw | ||
188 | |187 |00:19:22 ~-~-> 00:19:26 |to I know some of you. Probably don't like these kind of videos. Just filter | ||
189 | |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 | ||
190 | |189 |00:19:30 ~-~-> 00:19:33 |difference between people that think they know what they're talking about | ||
191 | |190 |00:19:33 ~-~-> 00:19:44 |because they want to sell courses and grab one more there and then just want | ||
192 | |191 |00:19:44 ~-~-> 00:19:47 |to catch it before it leaves that inversion fair value got. So now we | ||
193 | |192 |00:19:47 ~-~-> 00:19:54 |should start to see real nice heaviness in here. Want to see it trade down | ||
194 | |193 |00:19:54 ~-~-> 00:20:00 |sharply into that first limit order of three contracts. But I. You talking | ||
195 | |194 |00:20:00 ~-~-> 00:20:04 |about something in hindsight, or talking about theoretically, and then being able | ||
196 | |195 |00:20:04 ~-~-> 00:20:07 |to display it like this and like you're watching me do live in front of | ||
197 | |196 |00:20:07 ~-~-> 00:20:11 |everybody in the telegram channel. I don't edit anything and I never delete | ||
198 | |197 |00:20:11 ~-~-> 00:20:15 |anything. So if I misspell something in the telegram channel, it's going to stay | ||
199 | |198 |00:20:15 ~-~-> 00:20:23 |there. Let's see how heavy that looks. Now I want to see it touch the lower | ||
200 | |199 |00:20:23 ~-~-> 00:20:32 |orange level, right here, there, and then drop hard right into that first | ||
201 | |200 |00:20:32 ~-~-> 00:20:36 |blue shaded fair value got, because that's an inefficiency, and the | ||
202 | |201 |00:20:36 ~-~-> 00:20:39 |algorithm already knows it's there. It's keying off of that information. And | ||
203 | |202 |00:20:39 ~-~-> 00:20:44 |here's the midpoint. So everything needs to stay below that. But right now, if | ||
204 | |203 |00:20:44 ~-~-> 00:20:50 |it's following script, it should just dive right into that. Right now, right | ||
205 | |204 |00:20:50 ~-~-> 00:21:01 |down in name. Just keep your eye on that. And basically, there you go, just | ||
206 | |205 |00:21:01 ~-~-> 00:21:05 |like magic, isn't it magic? Mike, that's going to start calling me around here | ||
207 | |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 | ||
208 | |207 |00:21:15 ~-~-> 00:21:20 |before dropping down to that low, I'd like to see it return back up into that | ||
209 | |208 |00:21:20 ~-~-> 00:21:25 |lower, shaded orange line. There's a volume imbalance between the candlestick | ||
210 | |209 |00:21:25 ~-~-> 00:21:31 |that just closed and the one that broke below the lower orange line. So that's | ||
211 | |210 |00:21:31 ~-~-> 00:21:37 |where my eye is, and it's the lower orange level line. It will act like an | ||
212 | |211 |00:21:37 ~-~-> 00:21:42 |inversion fair bag, yeah. Okay, and drop down into that blue shaded area. So | ||
213 | |212 |00:21:42 ~-~-> 00:21:47 |think of those two orange lines as another orange rectangle. But just to | ||
214 | |213 |00:21:47 ~-~-> 00:21:51 |keep the chart clean, and, you know, allowing me to show you details without | ||
215 | |214 |00:21:51 ~-~-> 00:21:56 |cluttering all the chart up, I'm showing you the logic of what the what the | ||
216 | |215 |00:21:56 ~-~-> 00:22:02 |perspective is I have let me add what I'm going to take contracts off below | ||
217 | |216 |00:22:02 ~-~-> 00:22:08 |that minor South Side liquidity pool. I have a sneaky suspicion that they're | ||
218 | |217 |00:22:08 ~-~-> 00:22:17 |probably going to pull some shenanigans here in the last few minutes. Already, | ||
219 | |218 |00:22:17 ~-~-> 00:22:21 |we've already seen enough to know that there's something else going on, except | ||
220 | |219 |00:22:21 ~-~-> 00:22:32 |for buying and selling pressure. All right, okay, we might be. We're going to | ||
221 | |220 |00:22:32 ~-~-> 00:22:40 |go up in the debt, volume of balance. Worst case scenario, it tags the | ||
222 | |221 |00:22:41 ~-~-> 00:22:46 |midpoint of the two orange lines that I drew. Let's drag this out here a little | ||
223 | |222 |00:22:46 ~-~-> 00:22:48 |bit more. Get it set on four o'clock. | ||
224 | |223 |00:22:57 ~-~-> 00:23:04 |So any retracement here will fulfill the cell sign and balance buy sign | ||
225 | |224 |00:23:04 ~-~-> 00:23:10 |efficiency and the volume imbalance. Two candles back and it worst case scenario, | ||
226 | |225 |00:23:10 ~-~-> 00:23:19 |you can trade back up to the midpoint that's highlighted at 21,004, 11.75, so | ||
227 | |226 |00:23:25 ~-~-> 00:23:28 |in a perfect world, it could hit where we're at right now, use that as | ||
228 | |227 |00:23:28 ~-~-> 00:23:34 |inversion and just tank it. But I think that they're going to want to try to | ||
229 | |228 |00:23:34 ~-~-> 00:23:37 |send it up a little bit higher. But I'm certainly not worried about my stop | ||
230 | |229 |00:23:37 ~-~-> 00:23:43 |loss, because it's now covering costs. I'm not worried about that. I've taken | ||
231 | |230 |00:23:43 ~-~-> 00:23:50 |that first partial worst case scenario. If it rips up there, and I'm wrong, | ||
232 | |231 |00:23:50 ~-~-> 00:23:57 |you'll see it. But based, you know, based on what it's doing here, it looks | ||
233 | |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 | ||
234 | |233 |00:24:02 ~-~-> 00:24:07 |to drive back up into that city and maybe tap that volume and balance. I | ||
235 | |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 | ||
236 | |235 |00:24:15 ~-~-> 00:24:19 |gets close to that and fails and starts to rotate lower, that's a signature I'd | ||
237 | |236 |00:24:19 ~-~-> 00:24:20 |like to see. | ||
238 | |237 |00:24:28 ~-~-> 00:24:33 |I would try not to add any more annotations, because it's already a lot | ||
239 | |238 |00:24:33 ~-~-> 00:24:34 |busier than I like to have the chart look I'm | ||
240 | |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 | ||
241 | |240 |00:25:00 ~-~-> 00:25:05 |the volume imbalance at the high of it now, because of the time it's spent in | ||
242 | |241 |00:25:05 ~-~-> 00:25:09 |this area, I don't think it needs to go back to the consequent encroachment at | ||
243 | |242 |00:25:09 ~-~-> 00:25:17 |21,004 11.75 so the volume imbalance and maybe a wick touch into the lower orange | ||
244 | |243 |00:25:17 ~-~-> 00:25:22 |line. There's your volume of balance treated to, and there is that me, | ||
245 | |244 |00:25:30 ~-~-> 00:25:34 |let me take this line, extend it a little bit more so as a perfect little | ||
246 | |245 |00:25:34 ~-~-> 00:25:40 |kiss. There. I like that. So now I want to see price respect the lower half and | ||
247 | |246 |00:25:40 ~-~-> 00:25:46 |consequent crochet with that pink siby, okay, it should not go any higher than | ||
248 | |247 |00:25:46 ~-~-> 00:25:52 |as right now, if everything is running to script, the macro script that is | ||
249 | |248 |00:25:52 ~-~-> 00:25:56 |going to deliver price down to that blue shaded area, because there's no buying | ||
250 | |249 |00:25:56 ~-~-> 00:25:59 |and selling pressure causing this. Folks, I know it sounds cool. It sounds | ||
251 | |250 |00:25:59 ~-~-> 00:26:04 |like you're a traitor when you use that lingo. But that's not what's going | ||
252 | |251 |00:26:09 ~-~-> 00:26:14 |on. So that little wit there was an immediate rebalance, but I think it's | ||
253 | |252 |00:26:14 ~-~-> 00:26:21 |going to give up the ghost the next candle or so should really dictate the | ||
254 | |253 |00:26:21 ~-~-> 00:26:26 |the narrative here. I don't want to see it trade outside of the high of that | ||
255 | |254 |00:26:26 ~-~-> 00:26:30 |pink shaded box and the volume and balance. So there's two PD arrays | ||
256 | |255 |00:26:30 ~-~-> 00:26:34 |defending this on the upside. Now it's the high of the volume imbalance and | ||
257 | |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 | ||
258 | |257 |00:26:40 ~-~-> 00:26:44 |little volume of balance it just traded into. So it's normal for it to trade | ||
259 | |258 |00:26:44 ~-~-> 00:26:53 |back up into the halfway point of that pink city. Rest. If it just just dropped | ||
260 | |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 | ||
261 | |260 |00:27:02 ~-~-> 00:27:11 |up to touch the orange lower line that it just treated to just a little bit | ||
262 | |261 |00:27:11 ~-~-> 00:27:15 |here changes. So in my mind, I'm going to look at that as an inversion, fair | ||
263 | |262 |00:27:15 ~-~-> 00:27:20 |value gap. Now again, inversion, fair value gaps. All of my PD raise can can | ||
264 | |263 |00:27:20 ~-~-> 00:27:25 |be overlapped, knowing the narrative where price is likely to go see i i | ||
265 | |264 |00:27:25 ~-~-> 00:27:31 |think this is going to trade back up into that and then drop lower. And what | ||
266 | |265 |00:27:31 ~-~-> 00:27:35 |I mean by trading back up into it is that Sibi sells out a bounce by | ||
267 | |266 |00:27:35 ~-~-> 00:27:37 |significance agency that's in pink | ||
268 | |267 |00:27:42 ~-~-> 00:27:46 |now because we're in that old bullish, fair value gap that I just changed the | ||
269 | |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 | ||
270 | |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 | ||
271 | |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 | ||
272 | |271 |00:28:13 ~-~-> 00:28:17 |really pay attention to what prices don't it just touch the high that city | ||
273 | |272 |00:28:17 ~-~-> 00:28:24 |and the volume and bounce this down here | ||
274 | |273 |00:28:32 ~-~-> 00:28:38 |at 345 to four o'clock. That's our macro. Mark it on close macro, okay, and | ||
275 | |274 |00:28:38 ~-~-> 00:28:42 |what that is is it's a script where price will start ripping for liquidity. | ||
276 | |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 | ||
277 | |276 |00:28:45 ~-~-> 00:28:49 |that city and closed again one more time the volume imbalance. So now I want to | ||
278 | |277 |00:28:49 ~-~-> 00:28:54 |see price really make an attempt, or convince me. Let's put it that way, that | ||
279 | |278 |00:28:54 ~-~-> 00:29:00 |it wants to drive down the debt minus sell side liquidity pool. So we've had | ||
280 | |279 |00:29:01 ~-~-> 00:29:06 |price trade to the high of that city two PD arrays defending it until technically | ||
281 | |280 |00:29:06 ~-~-> 00:29:13 |three. It's a lower Orange Line, the volume and bounds and the city high end | ||
282 | |281 |00:29:13 ~-~-> 00:29:20 |range. So now it should, with no problem at all, start ripping through that lower | ||
283 | |282 |00:29:20 ~-~-> 00:29:26 |orange box like that. And in the perfect world, it should not come back on the | ||
284 | |283 |00:29:26 ~-~-> 00:29:30 |next candle to even come back and touch it and just rip through it and trade | ||
285 | |284 |00:29:30 ~-~-> 00:29:33 |down into that minor South Side liquidity pool and give me my first | ||
286 | |285 |00:29:33 ~-~-> 00:29:40 |partial want to see speed and magnitude. That means the candles should start | ||
287 | |286 |00:29:40 ~-~-> 00:29:45 |elongating, becoming large, black, stretched out candles. We want to see | ||
288 | |287 |00:29:45 ~-~-> 00:29:50 |black limousines taking it downtown. You like that? I don't know where this stuff | ||
289 | |288 |00:29:50 ~-~-> 00:29:54 |comes from. I don't have any idea where it comes from. Sounds cool though, | ||
290 | |289 |00:29:54 ~-~-> 00:30:01 |doesn't it? This guy loves himself too much. All right. So. Uh, 345, let me put | ||
291 | |290 |00:30:01 ~-~-> 00:30:06 |that right where it needs to be at. There you go, and you'll notice that | ||
292 | |291 |00:30:06 ~-~-> 00:30:10 |that starts to rip at the top of that cell, center bounce. Buy something | ||
293 | |292 |00:30:10 ~-~-> 00:30:15 |efficiency. Now I know, I know some of you that are watching this for the first | ||
294 | |293 |00:30:15 ~-~-> 00:30:19 |time. You're you're thinking, this is all cherry picked, but am I cherry | ||
295 | |294 |00:30:19 ~-~-> 00:30:25 |picking it in front of 40,000 people now live in telegram. Oh, it's delicious, | ||
296 | |295 |00:30:25 ~-~-> 00:30:32 |isn't it? Okay? We got some limousines coming downtown. Now let's go. Come on, | ||
297 | |296 |00:30:32 ~-~-> 00:30:41 |give me some stretch limousines. All right. Oh, would you see that? It just | ||
298 | |297 |00:30:41 ~-~-> 00:30:48 |tapped it. Okay, we're gonna see another one open in this. Oh, there it is. It | ||
299 | |298 |00:30:48 ~-~-> 00:30:53 |gave me it. So I now want to see the next candle, or series of candles. | ||
300 | |299 |00:30:53 ~-~-> 00:31:00 |Really. Just dive down here. No return, back up into that lower inversion. Fair | ||
301 | |300 |00:31:00 ~-~-> 00:31:05 |Value. Got this shaded orange. So the next candle, when it opens, it should | ||
302 | |301 |00:31:05 ~-~-> 00:31:09 |just dive down. I'm going to roll my stop down here. So that's definitely not | ||
303 | |302 |00:31:09 ~-~-> 00:31:10 |likely to go up that level. | ||
304 | |303 |00:31:15 ~-~-> 00:31:20 |Okay, four seconds the next candlestick open, and it should just dive down into | ||
305 | |304 |00:31:20 ~-~-> 00:31:24 |that and dump it. | ||
306 | |305 |00:31:30 ~-~-> 00:31:38 |Here she comes. Look at that blue shaded area as the best nightclub. And now | ||
307 | |306 |00:31:38 ~-~-> 00:31:44 |these black limousines are showing up at the front door, and inside one of them, | ||
308 | |307 |00:31:48 ~-~-> 00:31:48 |yours truly, | ||
309 | |308 |00:31:55 ~-~-> 00:32:02 |come on. There you go. Drop it. There you go. So anyway, this was just a | ||
310 | |309 |00:32:02 ~-~-> 00:32:07 |display of who knows what. And again, these are some of the things that I'm | ||
311 | |310 |00:32:07 ~-~-> 00:32:11 |never going to teach you. You can clearly see why, because it's extremely | ||
312 | |311 |00:32:11 ~-~-> 00:32:17 |advantageous. And here is what you can see great at the beginning of that macro | ||
313 | |312 |00:32:17 ~-~-> 00:32:23 |at 345 delivered perfect, just like a multiplication table. Hope you found the | ||
314 | |313 |00:32:23 ~-~-> 00:32:27 |insightful. Hope it encouraged you. And don't be mad at me in the comments. I'm | ||
315 | |314 |00:32:27 ~-~-> 00:32:32 |just showing you who's who. Don't talk to you next time. Be safe. You. |