Wiki source code of ICT YT - 2025-02-05 - 2025 Lecture Series - SMC Forex Review 02-04-2025
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2 | |1 |00:00:32 ~-~-> 00:00:39 |ICT: Welcome back, folks. So today is Tuesday, February the fourth, 2025 we're | ||
3 | |2 |00:00:39 ~-~-> 00:00:45 |gonna be doing a 4x Review, and I've already done this now I'm doing it a | ||
4 | |3 |00:00:45 ~-~-> 00:00:51 |second time. Feels like nostalgic memories is flooding back all the times | ||
5 | |4 |00:00:51 ~-~-> 00:00:55 |I used to do these 4x reviews and lectures and teachings and whatnot, | ||
6 | |5 |00:00:55 ~-~-> 00:01:00 |they'd be very, very long, and then I'd get to the editing section or phase of | ||
7 | |6 |00:01:00 ~-~-> 00:01:05 |the video production and realize that my microphone was unplugged or on mute, and | ||
8 | |7 |00:01:05 ~-~-> 00:01:10 |that's exactly what just took place moments ago. So this is the second time | ||
9 | |8 |00:01:10 ~-~-> 00:01:14 |I'm doing this. So if I didn't love what I was doing, I certainly wouldn't be | ||
10 | |9 |00:01:14 ~-~-> 00:01:20 |doing it to say it that way. So we're looking at the dollar index here, and if | ||
11 | |10 |00:01:20 ~-~-> 00:01:25 |you take a look in the upper left hand corner, it is denoting that we are | ||
12 | |11 |00:01:25 ~-~-> 00:01:29 |looking at a weekly chart. Okay, so Dollar index on the weekly chart. Take | ||
13 | |12 |00:01:29 ~-~-> 00:01:37 |your attention up to this candlestick right here, that discount wick, when | ||
14 | |13 |00:01:37 ~-~-> 00:01:45 |price is below, it becomes a premium array, or premium wick. Notice the red | ||
15 | |14 |00:01:45 ~-~-> 00:01:47 |level here. That's consequent encroachment, because wicks we treat | ||
16 | |15 |00:01:47 ~-~-> 00:01:55 |just like gaps. Okay, so note that level here. It's at one, 10.143 and then note | ||
17 | |16 |00:01:55 ~-~-> 00:02:01 |this fair value gap right here. I'm denoting that as a potential inversion | ||
18 | |17 |00:02:01 ~-~-> 00:02:06 |fair value gap. So should price trade lower on a daily chart? If we go below | ||
19 | |18 |00:02:06 ~-~-> 00:02:11 |that, come back up in targeting minor sell side there. If it were to break | ||
20 | |19 |00:02:11 ~-~-> 00:02:14 |below it, close and then start a new candle, trade up into it and then | ||
21 | |20 |00:02:14 ~-~-> 00:02:19 |ignore, or, let's say this way, avoid trading back in the upper half once | ||
22 | |21 |00:02:19 ~-~-> 00:02:24 |leading below it. That's how we set the stage for inversion fair value gap | ||
23 | |22 |00:02:24 ~-~-> 00:02:27 |that's bearish. So it starts with the buy side and balance cell sign | ||
24 | |23 |00:02:27 ~-~-> 00:02:33 |efficiency, but then changes its characteristic to then looking for it to | ||
25 | |24 |00:02:33 ~-~-> 00:02:40 |act as a premium array. Okay? So it's reversing its role. But not only that, | ||
26 | |25 |00:02:40 ~-~-> 00:02:46 |it's qualified by not seeing price go back in the upper half. Now it can wick | ||
27 | |26 |00:02:46 ~-~-> 00:02:50 |up into it, but we don't ever want to see the bodies lay in the upper half | ||
28 | |27 |00:02:50 ~-~-> 00:02:55 |once it leads it. If you see that, then it's probably not going to be a valid | ||
29 | |28 |00:02:55 ~-~-> 00:02:58 |inversion fair value gap. Now, one of the things you can do for your notes | ||
30 | |29 |00:02:58 ~-~-> 00:03:02 |when you see this form note the time frame that it's forming on. So if we see | ||
31 | |30 |00:03:02 ~-~-> 00:03:07 |price go below, it come back up in and avoid trading an upper half, and then it | ||
32 | |31 |00:03:07 ~-~-> 00:03:12 |displaces once. You can use the lower time frame from like, for instance, | ||
33 | |32 |00:03:12 ~-~-> 00:03:15 |we're looking at the daily chart, we can go to a four hour or one hour chart, and | ||
34 | |33 |00:03:15 ~-~-> 00:03:20 |the very next fair value gap that would be bearish, that would be a really good | ||
35 | |34 |00:03:20 ~-~-> 00:03:24 |high probability setup to take us down into the next discount array. In this | ||
36 | |35 |00:03:24 ~-~-> 00:03:28 |case, it would be this low with sell aside and the fair value gap over here. | ||
37 | |36 |00:03:28 ~-~-> 00:03:34 |So we have two discount arrays right there and an order block. See that. So | ||
38 | |37 |00:03:34 ~-~-> 00:03:39 |there's three specific heat arrays that are converging around there. Now this is | ||
39 | |38 |00:03:39 ~-~-> 00:03:43 |a little bit more intermediate term targets. So I know a lot of you in the | ||
40 | |39 |00:03:43 ~-~-> 00:03:48 |comment section say, can you talk about things a little bit higher time frame? | ||
41 | |40 |00:03:48 ~-~-> 00:03:54 |Well, I don't swing trade in current market environments. And when we start | ||
42 | |41 |00:03:54 ~-~-> 00:03:59 |talking about commodities, you'll start seeing a little bit further time frames. | ||
43 | |42 |00:03:59 ~-~-> 00:04:05 |You know that hold out with analysis beyond just a few hours intraday, I'm | ||
44 | |43 |00:04:06 ~-~-> 00:04:13 |predominantly a day trader, and index futures is my my thing. So when we're | ||
45 | |44 |00:04:13 ~-~-> 00:04:15 |doing the Forex reviews, we'll be working on these higher Time Frame | ||
46 | |45 |00:04:15 ~-~-> 00:04:21 |charts. And I believe the majority of my audience is actually still forex traders | ||
47 | |46 |00:04:21 ~-~-> 00:04:25 |at heart, because every time I put a video up, if it's just index futures, | ||
48 | |47 |00:04:25 ~-~-> 00:04:30 |you know, I get about, you know, a third of my normal viewership. But if I do | ||
49 | |48 |00:04:30 ~-~-> 00:04:35 |anything with Forex, and we'll test it tonight with the with the click bait | ||
50 | |49 |00:04:35 ~-~-> 00:04:40 |title, right? But it's all Forex in this video, there's a little bit more fevered | ||
51 | |50 |00:04:40 ~-~-> 00:04:45 |interest in what I'm talking about when it's Forex, and I get it, but I'm | ||
52 | |51 |00:04:45 ~-~-> 00:04:50 |reminding you that I'm not actively trading Forex anymore, but this is a | ||
53 | |52 |00:04:50 ~-~-> 00:04:54 |very short term target and more intermediate term here. What changes | ||
54 | |53 |00:04:54 ~-~-> 00:04:59 |that if we go back above the consequent encroachment of this WIC on a closing | ||
55 | |54 |00:04:59 ~-~-> 00:05:04 |basis. Because these ideas are going to be put to the sideline for the near term | ||
56 | |55 |00:05:07 ~-~-> 00:05:11 |hourly chart, for the dollar index. You can see we showed up in that consequent | ||
57 | |56 |00:05:11 ~-~-> 00:05:16 |encroachment of that wick on the weekly chart. And then the upper, I'm sorry, | ||
58 | |57 |00:05:16 ~-~-> 00:05:23 |the lower quadrant of that wick, which is a 25 level, and then we displace | ||
59 | |58 |00:05:23 ~-~-> 00:05:30 |lower, invert. I'm sorry, institutional order flow entry drill here trades | ||
60 | |59 |00:05:30 ~-~-> 00:05:34 |lower. It comes back up into the daily bearish order block. And I didn't | ||
61 | |60 |00:05:34 ~-~-> 00:05:39 |mention that. Let me go back up. I apologize this last up close candle | ||
62 | |61 |00:05:39 ~-~-> 00:05:43 |here, that's a bearish order block. More specifically, it's a propulsion block, | ||
63 | |62 |00:05:44 ~-~-> 00:05:48 |because we have this mess in here. So that's why I'm focusing primarily on | ||
64 | |63 |00:05:48 ~-~-> 00:05:54 |that one, because there's two volume imbalance in here, and this last up | ||
65 | |64 |00:05:54 ~-~-> 00:06:01 |close candle, it's trading up into that, but it's not going beyond half of it. So | ||
66 | |65 |00:06:01 ~-~-> 00:06:08 |look at month four's content of my ICT private mentorship video against it's | ||
67 | |66 |00:06:08 ~-~-> 00:06:13 |month four's content. You can see it in the playlist and I go through the basic | ||
68 | |67 |00:06:13 ~-~-> 00:06:17 |PD arrays. That's not all 81 of them, but it's the ones I taught when I was | ||
69 | |68 |00:06:17 ~-~-> 00:06:21 |doing paid mentorship, which I don't do anymore. I'm not doing it for again, so | ||
70 | |69 |00:06:21 ~-~-> 00:06:25 |it's all uploaded for free on my YouTube channel, so I have at it. But that is a | ||
71 | |70 |00:06:25 ~-~-> 00:06:29 |propulsion block. It's a bearish propulsion block. So price trades up | ||
72 | |71 |00:06:29 ~-~-> 00:06:34 |into it today and then rejects and goes lower. So that's what that level issue. | ||
73 | |72 |00:06:35 ~-~-> 00:06:40 |It's a daily bearish order block. So we start trading here, rally up and then | ||
74 | |73 |00:06:40 ~-~-> 00:06:44 |break aggressively lower. This is that weekly fair value gap dying I'm | ||
75 | |74 |00:06:44 ~-~-> 00:06:49 |expecting, and I might be wrong, but I'm expecting it to perform as an inversion | ||
76 | |75 |00:06:49 ~-~-> 00:06:52 |fairy value gap, and then attack that minor sell side liquidity. And then | ||
77 | |76 |00:06:52 ~-~-> 00:06:56 |we'll see if it even gets down there at all, if it wants to make a another | ||
78 | |77 |00:06:56 ~-~-> 00:07:01 |attempt that you break lower and attack that convergence of those three discount | ||
79 | |78 |00:07:01 ~-~-> 00:07:07 |arrays, the order block, fair value gap and the sell side liquidity pool. All | ||
80 | |79 |00:07:07 ~-~-> 00:07:11 |right, we're going to segue right into euro dollar. We're going to not need to | ||
81 | |80 |00:07:11 ~-~-> 00:07:13 |look at the weekly or the daily. We're going to cut right through the chase of | ||
82 | |81 |00:07:13 ~-~-> 00:07:18 |the hour chart, because everything would be the opposite of what we're expecting | ||
83 | |82 |00:07:18 ~-~-> 00:07:24 |on the dollar index. Now, right away. Take a look at this. Pause the video | ||
84 | |83 |00:07:24 ~-~-> 00:07:28 |that way before I show the annotations. You can test yourself. See what your | ||
85 | |84 |00:07:28 ~-~-> 00:07:35 |observation skill set is at the time. All right, here's a fair value you got | ||
86 | |85 |00:07:35 ~-~-> 00:07:38 |right there. I said about sell side efficiency. Market trades down to that | ||
87 | |86 |00:07:38 ~-~-> 00:07:43 |on today's trading here around midnight or so, and rallies up, creates another | ||
88 | |87 |00:07:43 ~-~-> 00:07:48 |fair value gap. There, reacts off of it there, sends us up into this old | ||
89 | |88 |00:07:48 ~-~-> 00:07:52 |inefficiency and above this short term high. But I'm gonna take your attention | ||
90 | |89 |00:07:52 ~-~-> 00:07:55 |to the city right here. This is sell side imbalance, buy side and efficiency. | ||
91 | |90 |00:07:55 ~-~-> 00:08:02 |Big, big mouthful. A lot of words out there, but all it is is a big single | ||
92 | |91 |00:08:02 ~-~-> 00:08:07 |candle that doesn't have its range shared by the previous candle or the | ||
93 | |92 |00:08:07 ~-~-> 00:08:12 |subsequent candle after that. So this sell side and balance buy side | ||
94 | |93 |00:08:12 ~-~-> 00:08:17 |efficiency. When price is bullish, we expect this to act as an inversion fair | ||
95 | |94 |00:08:17 ~-~-> 00:08:21 |value gap. So you can drop your fiber on top of it and get the upper quadrant. | ||
96 | |95 |00:08:21 ~-~-> 00:08:26 |Consequence, red level, lower quadrant and the low and we shade it, or I shade | ||
97 | |96 |00:08:26 ~-~-> 00:08:30 |it, just to help you guys follow along with the logic I'm thinking about in | ||
98 | |97 |00:08:30 ~-~-> 00:08:35 |terms of these PD arrays. Whenever you see an orange one, I'm expecting it to | ||
99 | |98 |00:08:35 ~-~-> 00:08:39 |reverse its role. Okay, so since it's sell side of balance, I'm sorry, sell | ||
100 | |99 |00:08:39 ~-~-> 00:08:42 |side and balance, buy side and efficiency. Normally, if it was a | ||
101 | |100 |00:08:42 ~-~-> 00:08:46 |bearish market, when it trades up into this upper quadrant or consequence, or | ||
102 | |101 |00:08:46 ~-~-> 00:08:50 |even a lower quadrant, if it's extremely bearish, that would be enough for the to | ||
103 | |102 |00:08:50 ~-~-> 00:08:54 |roll over and go lower. But if we're expecting weakness in the dollar index, | ||
104 | |103 |00:08:54 ~-~-> 00:08:58 |then this is not going to be seen as a sell off. It's going to be used as a | ||
105 | |104 |00:08:58 ~-~-> 00:09:04 |means of supporting price. Okay, so all these levels here, the low, the lower | ||
106 | |105 |00:09:04 ~-~-> 00:09:10 |quadrant, consequence, upper quadrant, we expect them to act as a discount | ||
107 | |106 |00:09:10 ~-~-> 00:09:14 |array, okay, to support price. So the market does, in fact, trade down to its | ||
108 | |107 |00:09:14 ~-~-> 00:09:18 |low here. Then finds the support at that fair value gap there, and then look at | ||
109 | |108 |00:09:18 ~-~-> 00:09:24 |the bodies they couldn't even trade at and close at or below the lower quadrant | ||
110 | |109 |00:09:24 ~-~-> 00:09:29 |that's extremely bullish. The market rallies up this candle, opens trades | ||
111 | |110 |00:09:29 ~-~-> 00:09:32 |right down at the consequent encroachment in the mid level, rallies | ||
112 | |111 |00:09:32 ~-~-> 00:09:36 |falls short of the high, breaks back down in fair value gap there, and then | ||
113 | |112 |00:09:36 ~-~-> 00:09:41 |rallies outside of it into this old inefficiency and above that short term | ||
114 | |113 |00:09:41 ~-~-> 00:09:48 |high. Notice these very, very smooth. Okay, so there's liquidity up in there. | ||
115 | |114 |00:09:48 ~-~-> 00:09:52 |So if we have a sustained price run, I think that Euro dollar could visit this | ||
116 | |115 |00:09:52 ~-~-> 00:09:57 |area. I'm not telling you that it's going to do that. I'm looking at the | ||
117 | |116 |00:09:57 ~-~-> 00:10:02 |price action, which is extremely sloppy right now. On 4x I'm being honest with | ||
118 | |117 |00:10:02 ~-~-> 00:10:07 |you. So that way you know that I'm not giving you these targets with high level | ||
119 | |118 |00:10:07 ~-~-> 00:10:11 |conviction. I'm just giving you based on what I see. In my opinion, it's not | ||
120 | |119 |00:10:11 ~-~-> 00:10:15 |trade device. It's not me inspiring you out there and take trades on this | ||
121 | |120 |00:10:15 ~-~-> 00:10:18 |information. You know, it's the beginning of the year. It's a whole lot | ||
122 | |121 |00:10:18 ~-~-> 00:10:22 |of things going on. Geopolitically, trade wars are underway. I mean, it's, | ||
123 | |122 |00:10:22 ~-~-> 00:10:25 |it's, it's wild west right now. So you got to be very, very careful. The | ||
124 | |123 |00:10:25 ~-~-> 00:10:31 |market's gonna be extremely volatile, as they were today, and just be very | ||
125 | |124 |00:10:31 ~-~-> 00:10:31 |careful, all | ||
126 | |125 |00:10:33 ~-~-> 00:10:36 |right, dropping down to a 15 on time frame. See a little bit more detail | ||
127 | |126 |00:10:36 ~-~-> 00:10:42 |here. Here is today's beginning at midnight, trading down to that fair | ||
128 | |127 |00:10:42 ~-~-> 00:10:45 |value gap. And then we rally up, consequent encroachment, beautiful | ||
129 | |128 |00:10:45 ~-~-> 00:10:50 |inside a small little gap right there. And then rallies up, comes back down | ||
130 | |129 |00:10:50 ~-~-> 00:11:01 |into another gap there, and a bullish breaker, low, high, lower, low, or above | ||
131 | |130 |00:11:01 ~-~-> 00:11:05 |it there, okay, and then rallies higher, comes back down in touch, the upper | ||
132 | |131 |00:11:05 ~-~-> 00:11:10 |quadrant, level of the inversion fair value gap. Then sends price higher. Look | ||
133 | |132 |00:11:10 ~-~-> 00:11:15 |at the bodies stopping at the inversion fair value gap high. That's this city. | ||
134 | |133 |00:11:15 ~-~-> 00:11:20 |Look at that. It's beautiful in it beautiful. And rallies outside of it, | ||
135 | |134 |00:11:22 ~-~-> 00:11:26 |five minutes short. Chart zoomed in here. We have the low of the day around | ||
136 | |135 |00:11:26 ~-~-> 00:11:30 |midnight. Rallies up. We have London Open kill zone. It's been a long time. | ||
137 | |136 |00:11:30 ~-~-> 00:11:34 |So I said those words, so we have buy set and balance outside efficiency. The | ||
138 | |137 |00:11:34 ~-~-> 00:11:38 |market trades down into that handsomely, and that is your London Open kill zone | ||
139 | |138 |00:11:39 ~-~-> 00:11:45 |long, or the London Open kill zone, silver bullet. Okay? Very, very easy | ||
140 | |139 |00:11:45 ~-~-> 00:11:50 |methodology applied to London Open and then rally to this would be easy bread | ||
141 | |140 |00:11:50 ~-~-> 00:11:54 |and butter setup, or upper quadrant level of the city. That would be a nice | ||
142 | |141 |00:11:54 ~-~-> 00:12:03 |target from here to there, adding as a pyramiding Python about cell phone | ||
143 | |142 |00:12:03 ~-~-> 00:12:07 |efficiency, dropping down the consequent encroachment, then sends it comes back | ||
144 | |143 |00:12:07 ~-~-> 00:12:11 |down in touches the bullish breaker. Remember, you're looking at it on a 15 | ||
145 | |144 |00:12:11 ~-~-> 00:12:17 |minute time frame. Now, these two candles are broken up, but they're | ||
146 | |145 |00:12:17 ~-~-> 00:12:20 |consecutive, so that's the same thing as what we showed on the 15 minute time | ||
147 | |146 |00:12:20 ~-~-> 00:12:25 |frame. Extend that forward support here, and then trace down to look at the | ||
148 | |147 |00:12:25 ~-~-> 00:12:29 |bodies right on the mean threshold. Because mean threshold is an order block | ||
149 | |148 |00:12:29 ~-~-> 00:12:33 |midpoint. It's not a gap midpoint. So gaps are consequence encroachment at the | ||
150 | |149 |00:12:33 ~-~-> 00:12:37 |mid level and order blocks, which is real candlestick ranges, they are mean | ||
151 | |150 |00:12:37 ~-~-> 00:12:42 |threshold. So look at that. The body's stopping right there during what New | ||
152 | |151 |00:12:42 ~-~-> 00:12:47 |York open kill zone, rallies up, comes down to the top of the bullish breaker | ||
153 | |152 |00:12:47 ~-~-> 00:12:52 |over here, then displacement higher, beautiful, fair value gap Hammer time | ||
154 | |153 |00:12:52 ~-~-> 00:13:00 |again, right in there, sends it higher, trades it outside the inversion. Fair | ||
155 | |154 |00:13:00 ~-~-> 00:13:05 |value gap comes back into this fair value gap here, and then starts sending | ||
156 | |155 |00:13:05 ~-~-> 00:13:13 |it higher into London, close, segueing into British Pound. One hour chart | ||
157 | |156 |00:13:13 ~-~-> 00:13:16 |again. No need to look at the weekly, indoor daily. It's going to be the | ||
158 | |157 |00:13:16 ~-~-> 00:13:20 |opposite of what we see in the week dollar. So it's going to be bullish | ||
159 | |158 |00:13:20 ~-~-> 00:13:24 |POUND DOLLAR. Pause the video so that you can test yourself. See what I'm | ||
160 | |159 |00:13:24 ~-~-> 00:13:32 |going to annotate. All right. So we have a buy side liquidity pool up here, and | ||
161 | |160 |00:13:32 ~-~-> 00:13:36 |we have minor side, minor buy side liquidity here, relative equal highs. | ||
162 | |161 |00:13:36 ~-~-> 00:13:42 |And we're going to look at these here later on, but right now, here's the same | ||
163 | |162 |00:13:42 ~-~-> 00:13:48 |thing we saw on the euro, dollar, Sibi, when bullish, it's going to act as an | ||
164 | |163 |00:13:48 ~-~-> 00:13:51 |inversion fair value gap. Put your gradient levels in with your fib, which | ||
165 | |164 |00:13:51 ~-~-> 00:13:59 |is the 7550 and 25 levels respectively. We had the market show a bison about | ||
166 | |165 |00:13:59 ~-~-> 00:14:04 |cells on efficiency, institutional orfa entry jail, meaning it doesn't even | ||
167 | |166 |00:14:04 ~-~-> 00:14:09 |trade to halfway or close the gap in and then rallies higher. That is strength. | ||
168 | |167 |00:14:09 ~-~-> 00:14:12 |You have another buy side and balance cell sign, efficiency, fair value gap | ||
169 | |168 |00:14:12 ~-~-> 00:14:17 |here, rallies above again. Institutional orfa entry jail, never even touches the | ||
170 | |169 |00:14:17 ~-~-> 00:14:23 |midpoint comes back down in touches the inversion, fair pay gap once more during | ||
171 | |170 |00:14:23 ~-~-> 00:14:29 |the overnight, at midnight time, rallies comes back into a rejection block, which | ||
172 | |171 |00:14:29 ~-~-> 00:14:33 |is lowest down closed candle, closing price, then rallies up and takes the | ||
173 | |172 |00:14:33 ~-~-> 00:14:39 |miners buy side out here 15 at time frame, you see a little bit more detail | ||
174 | |173 |00:14:39 ~-~-> 00:14:43 |here. We have the low of that city when it trades up into it institutional or | ||
175 | |174 |00:14:43 ~-~-> 00:14:47 |flow entry, Joe here and here, consequence, approach never is touched. | ||
176 | |175 |00:14:47 ~-~-> 00:14:55 |Rallies comes back down in institutional air flow entry, drill on the passenger | ||
177 | |176 |00:14:55 ~-~-> 00:14:58 |valve cell sign efficiency here, and notice the body stopping at the high | ||
178 | |177 |00:14:58 ~-~-> 00:15:02 |that inversion favor. You got right there and here as well. They're all | ||
179 | |178 |00:15:02 ~-~-> 00:15:07 |signals that the algorithm is saying it's going to go higher. Okay, just look | ||
180 | |179 |00:15:07 ~-~-> 00:15:11 |for higher prices. So when, when it was trading here, what's the easiest low | ||
181 | |180 |00:15:11 ~-~-> 00:15:15 |hanging fruit objective if you're going to look for something going higher, and | ||
182 | |181 |00:15:15 ~-~-> 00:15:18 |you don't want to demand this buy side, and you don't want to demand this buy | ||
183 | |182 |00:15:18 ~-~-> 00:15:21 |side, but you just simply want to ride something to the upside, because you | ||
184 | |183 |00:15:21 ~-~-> 00:15:25 |trust that this is telling you that wants to go higher. Well, what's this | ||
185 | |184 |00:15:25 ~-~-> 00:15:29 |right here, relative equal highs. Okay, so that's the one I was highlighting | ||
186 | |185 |00:15:29 ~-~-> 00:15:38 |during the telegram session this morning, at 845, for February 4, 2025, | ||
187 | |186 |00:15:39 ~-~-> 00:15:45 |real time market conditions and real time commentary. Look at the time for | ||
188 | |187 |00:15:45 ~-~-> 00:15:53 |8:45am, New York local time, by the way. So I tell you, or told the members at | ||
189 | |188 |00:15:53 ~-~-> 00:15:57 |that time, that I believe that that was an easy, low hanging fruit objective for | ||
190 | |189 |00:15:57 ~-~-> 00:16:01 |a draw on liquidity for POUND DOLLAR. It's the only 4x commentary I gave | ||
191 | |190 |00:16:01 ~-~-> 00:16:06 |today, and I was given at 845 and I'll tell you in more detail about why 845 I | ||
192 | |191 |00:16:06 ~-~-> 00:16:13 |told you that. And we have another city here. When the market's bullish, cities | ||
193 | |192 |00:16:13 ~-~-> 00:16:18 |turn into bullish inversion, fair value gaps. So look at the bodies stopping at | ||
194 | |193 |00:16:18 ~-~-> 00:16:22 |the consequent encouragement level of that beautiful, isn't it? Rallies higher | ||
195 | |194 |00:16:22 ~-~-> 00:16:27 |down close candle. That is a bullish order block on the 15 minute time frame. | ||
196 | |195 |00:16:27 ~-~-> 00:16:33 |See it up here? 15 minute time frame. Bullish order block opens here. Trades | ||
197 | |196 |00:16:33 ~-~-> 00:16:42 |down. That's your 845, time when it starts to spool, price higher. Nice | ||
198 | |197 |00:16:42 ~-~-> 00:16:48 |measuring gap, rallies up into the minor buy side, but easily gets to the | ||
199 | |198 |00:16:48 ~-~-> 00:16:55 |relative equal highs here, which were based on Mondays, four o'clock highs, | ||
200 | |199 |00:16:57 ~-~-> 00:17:04 |okay, five minute time frame. Oh, I just caught a typo. I should say 15 minutes, | ||
201 | |200 |00:17:04 ~-~-> 00:17:08 |not five minutes. So I apologize, it's basically the order block of this | ||
202 | |201 |00:17:08 ~-~-> 00:17:12 |outline on the 15 time frame. So we have the city here, which is the smaller one. | ||
203 | |202 |00:17:12 ~-~-> 00:17:16 |This was the larger one here, then we went into this one. So just for sake of | ||
204 | |203 |00:17:16 ~-~-> 00:17:22 |clarity, we're looking at this city, and this is that larger one. So you can see | ||
205 | |204 |00:17:22 ~-~-> 00:17:25 |that little white fair value gap shaded area here, and then this one here. Now | ||
206 | |205 |00:17:25 ~-~-> 00:17:30 |when we drop into a five minute, this is going to look big, and all of this is | ||
207 | |206 |00:17:30 ~-~-> 00:17:32 |not going to be fully seen. This is going to show this little area in this | ||
208 | |207 |00:17:33 ~-~-> 00:17:38 |area here. And that's what we're seeing here, that small, little area of the | ||
209 | |208 |00:17:38 ~-~-> 00:17:42 |larger one. And this is that city. So it trades down to the low of it here trades | ||
210 | |209 |00:17:42 ~-~-> 00:17:46 |outside of it, creates a minor sell side liquidity pool with these relative equal | ||
211 | |210 |00:17:46 ~-~-> 00:17:51 |lows during the London Open kill zone, trades up creates relative equal highs, | ||
212 | |211 |00:17:51 ~-~-> 00:17:56 |retraces back down into in New York open kill zone, the lower quadrant of this | ||
213 | |212 |00:17:56 ~-~-> 00:18:01 |city, clears the minor cell side liquidity here During the New York open | ||
214 | |213 |00:18:01 ~-~-> 00:18:06 |kill zone, rallies up, touches the high, the city moves higher, creates a fair | ||
215 | |214 |00:18:06 ~-~-> 00:18:16 |value gap that's bullish. And now we have what consequent encroachment order | ||
216 | |215 |00:18:16 ~-~-> 00:18:21 |block on a 15 minute time frame. That is not correct. It should say 15 minutes. | ||
217 | |216 |00:18:21 ~-~-> 00:18:31 |Again, trades. So here rallies up, clears. Minor buy side rallies up, runs | ||
218 | |217 |00:18:31 ~-~-> 00:18:36 |one more time. And this is a 10 o'clock silver bullet. So yes, it works in 4x so | ||
219 | |218 |00:18:36 ~-~-> 00:18:40 |it rallies up. We didn't get to the minor buy side. Here trades down to | ||
220 | |219 |00:18:40 ~-~-> 00:18:44 |here, perfect stop at consequent encouragement and then runs into London. | ||
221 | |220 |00:18:44 ~-~-> 00:18:49 |Close now let's say you want to trade in the direction of that first minor buy | ||
222 | |221 |00:18:49 ~-~-> 00:18:54 |side liquidity pool, but you just don't have the conviction or the experience to | ||
223 | |222 |00:18:54 ~-~-> 00:19:02 |hold for it. Well, you can take along in here, along here, along here, but then | ||
224 | |223 |00:19:02 ~-~-> 00:19:08 |measure this high to that next liquidity pool. Every liquidity pool has, in and | ||
225 | |224 |00:19:08 ~-~-> 00:19:16 |of itself, a midpoint, an algorithmic level that it will reach to. Okay, so it | ||
226 | |225 |00:19:16 ~-~-> 00:19:20 |looks like this. If you take the FIB and you anchor it to this high, draw it up | ||
227 | |226 |00:19:20 ~-~-> 00:19:25 |to this level here, and just highlight the midpoint 50 level. That's what this | ||
228 | |227 |00:19:25 ~-~-> 00:19:30 |is here. And you can see that's a very easy objective to reach for, for 1.2455 | ||
229 | |228 |00:19:33 ~-~-> 00:19:39 |and we would call that a Buy, Sell liquidity pool. Now it's not anchored to | ||
230 | |229 |00:19:39 ~-~-> 00:19:44 |anything. It's out inside the range between two pools of liquidity. But just | ||
231 | |230 |00:19:44 ~-~-> 00:19:48 |like when you're looking at these things that you feel are super science, these | ||
232 | |231 |00:19:48 ~-~-> 00:19:52 |ladders, these DOMs, where it shows the buy orders and the sellers above and | ||
233 | |232 |00:19:52 ~-~-> 00:19:57 |below the marketplace, you don't need that. You do not need that at all. And | ||
234 | |233 |00:19:57 ~-~-> 00:20:00 |if you start applying these concepts like I'm teaching. And you hear, you'll | ||
235 | |234 |00:20:01 ~-~-> 00:20:04 |be able to see that there's a lot of interest in that midpoint level there, | ||
236 | |235 |00:20:04 ~-~-> 00:20:08 |and it never needs to go to this level here, which is how you learn how to | ||
237 | |236 |00:20:08 ~-~-> 00:20:12 |trade inside the range and never require a price to ever trade outside of it. | ||
238 | |237 |00:20:20 ~-~-> 00:20:24 |Hi, folks, that's it for tonight. Hope you had fun. Hope you learned something | ||
239 | |238 |00:20:24 ~-~-> 00:20:28 |today, if not, come back tomorrow, and I'm sure you'll find something inspiring | ||
240 | |239 |00:20:28 ~-~-> 00:20:32 |and educational. They'll talk to you tomorrow. Lord willing be safe. You. |