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ICT YT - 2025-02-20 - 2025 Lecture Series - Telegram Commentary Review 02-19-2025

Last modified by Drunk Monkey on 2025-04-03 12:11
1 00:00:10 --> 00:00:14 ICT: Folks, welcome back. So we're looking at the NASDAQ. Here's the daily
2 00:00:14 --> 00:00:19 chart. And if you have not joined the free telegram channel, this is one more
3 00:00:19 --> 00:00:23 plug. I'm going to do this a lot. So if you've already joined it, just accept
4 00:00:23 --> 00:00:27 the fact that I'm inviting other people. So we're looking at the daily chart of
5 00:00:27 --> 00:00:31 the NASDAQ, and I'm going to cover what I shared in the telegram channel live
6 00:00:32 --> 00:00:38 and direct. It was right to the point, and it delivered like gangbusters today.
7 00:00:38 --> 00:00:45 So I told everyone in the channel to note these levels as I have here. Okay,
8 00:00:46 --> 00:00:51 and what I was doing was, if you look at this wick right here, see that I
9 00:00:51 --> 00:00:54 actually have a Fibonacci laid across the wick from this candlesticks close
10 00:00:55 --> 00:01:03 until it's high. And I'm only highlighting 80% level okay? Because I
11 00:01:03 --> 00:01:08 want constant encroachment level noted on that. And then I have the same thing
12 00:01:08 --> 00:01:13 on this. Candlesticks, discount wick, okay, this is a premium wick on prices
13 00:01:13 --> 00:01:19 below it, when it's above it, it's a discount wick. This discount wick here
14 00:01:19 --> 00:01:25 at the time of formation, looking at it when market opened here, trading down
15 00:01:25 --> 00:01:35 into it. So I'm noting the close to the low, and that is the midpoint there, and
16 00:01:35 --> 00:01:40 the coordinates are here, okay, so that way you can replicate this on your own
17 00:01:40 --> 00:01:45 chart. So make sure your numbers agree here with that candlestick. And then
18 00:01:45 --> 00:01:50 this candlestick, you can do the same thing here, coordinates for that one.
19 00:01:50 --> 00:01:54 Okay, just pause the video. I don't want to stay on it too long. And then what I
20 00:01:54 --> 00:02:01 did was I got the consequent crochet of these two candlesticks. Okay, great. In
21 00:02:01 --> 00:02:06 here. Now this is a gray pool theory. Now you're not going to find it in white
22 00:02:06 --> 00:02:10 golf. You're not going to find it in anything else. I promise you, it's just
23 00:02:10 --> 00:02:13 my stuff. Okay, you're going to see a lot of people start using it, and
24 00:02:13 --> 00:02:16 they're going to try to pretend they can teach it that they don't know what
25 00:02:16 --> 00:02:22 they're doing. So just know that in the future, I will reveal more details about
26 00:02:22 --> 00:02:26 it, but when and how to use it? Obviously, you can see it's mine. I
27 00:02:26 --> 00:02:29 showed you in the telegram channel with the focus on and that gives us this
28 00:02:29 --> 00:02:35 level here, if we get the consequent quotient of this level here. So just
29 00:02:35 --> 00:02:45 look over here, 22,000, 09, 9.50 so I'm 222, 163, 50.
30 00:02:55 --> 00:03:07 Wait and we want 9950, so those these two numbers agree with that number and
31 00:03:07 --> 00:03:10 that lower number. And I already know I'm confusing some of you, but it's
32 00:03:10 --> 00:03:16 okay. I was demonstrating today. All right, so that's the level you're going
33 00:03:16 --> 00:03:24 to get. It comes to 22,001, 31.25, point two five. Let me get this out of here.
34 00:03:26 --> 00:03:36 The 2,022,001 31.25, okay, so when you have this information, you can then
35 00:03:36 --> 00:03:46 blend it with the last three days of high, low, open and close. Okay, so no
36 00:03:46 --> 00:03:51 indicators needed, no overlays needed, no complicated things, okay, very
37 00:03:51 --> 00:03:56 simple, strategic approaches to using data that the algorithm itself will
38 00:03:56 --> 00:04:00 refer back to. Now, if we look at this level here, what levels in close
39 00:04:00 --> 00:04:06 proximity to that? Well, the previous day's low. It's just a little bit too
40 00:04:06 --> 00:04:11 low for it, but the previous day's body lays over top of that, so we're not
41 00:04:11 --> 00:04:15 going to worry about that. And then we have this candlestick here. So we have
42 00:04:15 --> 00:04:20 the candlesticks high, coming in at 22,001 24 even. That's about as far as I
43 00:04:20 --> 00:04:24 think it would go down into this gray pool. And the gray pool is different
44 00:04:24 --> 00:04:28 between this candlesticks wick and this candlesticks wicks midpoint or
45 00:04:28 --> 00:04:32 consequent crochet levels. So in in a different way, but saying the same
46 00:04:32 --> 00:04:38 thing, it would look like something like this. This is the that's the gray pool
47 00:04:38 --> 00:04:47 right there. It's just a little specific location where I'm expecting a daily
48 00:04:47 --> 00:04:51 higher logo form. And again, like I said, you're not going to find that in
49 00:04:51 --> 00:04:55 anybody else's stuff. They're going to pretend that it's some dead guys
50 00:04:55 --> 00:05:01 material, because they can't stand it. But the real map. Africa is here telling
51 00:05:01 --> 00:05:07 you what it is, McCoy, the one and only, the creator of it. There it is. So when
52 00:05:07 --> 00:05:11 the market trades down into that, I want to be if I'm short, I want to be getting
53 00:05:11 --> 00:05:15 out of it. If I'm wanting to be long, I can take that as a long entry, but it
54 00:05:15 --> 00:05:19 has to give me a PD array once it trades down to it. So just know that inside
55 00:05:19 --> 00:05:22 this information here, that's what we're looking at. And I'm gonna take the box
56 00:05:22 --> 00:05:26 off of it now, and we'll leave just the lines as I showed in the telegram
57 00:05:26 --> 00:05:31 channel. So we're going to drop down into a one minute chart. Skip right to
58 00:05:32 --> 00:05:38 the meat of the discussion here, all right, and right away you can see
59 00:05:38 --> 00:05:42 there's an old high here. The blue shaded area is that volume imbalance on
60 00:05:42 --> 00:05:47 the daily chart. I'm leaving out a lot of these things, so that way you look at
61 00:05:47 --> 00:05:51 it. In the telegram channel, I actually have two video clips where you can see
62 00:05:51 --> 00:05:56 me doing the executions, and where it's going into the limits and taking
63 00:05:56 --> 00:06:01 profits. So you're welcome to take a look at that there. Don't just look at
64 00:06:01 --> 00:06:06 what I'm showing you here and think, Oh, wow. So wow, the fact that it's showing
65 00:06:06 --> 00:06:10 this here. Okay, you can't do that with Market Replay. Okay, just remember that.
66 00:06:10 --> 00:06:14 And Market Replay never lets you see the countdown to the candlesticks. So for
67 00:06:14 --> 00:06:17 the fellows that are asking all the time, you know, just Market Replay in
68 00:06:17 --> 00:06:21 the comment section. I don't use Market Replay. There's no need to. If you join
69 00:06:21 --> 00:06:24 the telegram channel, you'll see that I'm actually calling this stuff in
70 00:06:24 --> 00:06:30 advance, the right bias, the right direction, all that stuff. So it's free,
71 00:06:30 --> 00:06:32 folks. I don't know why you guys are kicking and screaming about not wanting
72 00:06:32 --> 00:06:35 to join it or not going in there, but all your mentors are down in there
73 00:06:35 --> 00:06:39 taking notes. So it's probably better for you to get it from me than to pay
74 00:06:39 --> 00:06:45 for it from them. So this volume imbalance is from the daily chart, and
75 00:06:45 --> 00:06:49 today we were already expecting us to gave guidance in the telegram channel
76 00:06:49 --> 00:06:56 that we were going to have a very small opening range gap. Now, previous regular
77 00:06:56 --> 00:07:00 trading hours, settlement price, we don't know if that's going to be the
78 00:07:00 --> 00:07:08 higher the low, the opening range gap until 930 so at 930 right here, at that
79 00:07:08 --> 00:07:14 opening price, we noticed that it opened lower than previous river trading hour
80 00:07:14 --> 00:07:21 settlement price. And you find that by going into river trading hours, you can
81 00:07:21 --> 00:07:26 see that here. Okay, so that's the that's the separation, small little gap.
82 00:07:26 --> 00:07:30 Yeah, three quarter fill on the gap, and then broke down lower. So we're gonna go
83 00:07:30 --> 00:07:36 back in the regular trading hour. I'm sorry, electronic trading hours. Okay,
84 00:07:36 --> 00:07:43 and the market trades down, clear, sell side here, then it trades up, takes out
85 00:07:43 --> 00:07:49 buy side. I gave guidance on both those reference points. And then I gave the
86 00:07:49 --> 00:07:56 934 as the first presented fair value gap. So as we traded down, I said I was
87 00:07:56 --> 00:08:03 looking for weakness before, before it traded down there, I gave guidance that
88 00:08:03 --> 00:08:09 I was wanting 22,001, 31.25, that was my initial interest. That was my draw.
89 00:08:09 --> 00:08:13 Okay, so when price is up here, what does that mean? Does it means bullish?
90 00:08:13 --> 00:08:18 No means I'm bearish. I'm looking for it to trade down to this level. So I gave
91 00:08:18 --> 00:08:21 this first presented fair value gap. I said, we want to see it act as a new
92 00:08:21 --> 00:08:25 version of Fairbank gap. And wouldn't you know, it trades up into it, small
93 00:08:25 --> 00:08:28 gap in here, and I'll let you annotate that for your notes. But then we break
94 00:08:28 --> 00:08:34 down, come back up, retest it one more time, break lower, trade back up again,
95 00:08:34 --> 00:08:39 and then slams it down into our objective that I gave on telegram. Now I
96 00:08:39 --> 00:08:43 took me two trades because I got stopped out on the first one, but not in a loss.
97 00:08:44 --> 00:08:49 Look at the recordings, you'll see it's the truth. But if you look at the
98 00:08:49 --> 00:08:58 executions, you can see all the business here matches everything that's on the
99 00:08:58 --> 00:09:02 telegram channel. So I got real close to kneeling the low of the day, and it
100 00:09:02 --> 00:09:08 overshot it a little bit. Now, if you look at the high of the candlestick,
101 00:09:08 --> 00:09:15 that creates the lowest point on daily chart for that gray pool that wick above
102 00:09:15 --> 00:09:19 the candlestick, if you look at the actual candlesticks high on that day,
103 00:09:20 --> 00:09:25 it's 22,001 24 even. So that means that's about as far as it's going to go
104 00:09:25 --> 00:09:28 down. Let me take these executions off for a second. I'll just show you
105 00:09:28 --> 00:09:41 something. You put a line on your chart at 124 even. Right there. You'll notice
106 00:09:41 --> 00:09:44 that the body stopped dead in its tracks right there. What's the close on that
107 00:09:44 --> 00:09:52 candlestick? Right there? 120 3.75 and the open on the next candle comes in at
108 00:09:52 --> 00:09:59 124 even. That's perfect, perfect. But it overshoots it a little bit because.
109 00:10:00 --> 00:10:04 The wicks are allowed to do the damage. Then the market turns trades back up,
110 00:10:04 --> 00:10:11 comes right back down to my level, the grade pool, 22,001, 31.25, and rallies
111 00:10:11 --> 00:10:16 up, nice little fair value gap in here. And we talked about how price went, came
112 00:10:16 --> 00:10:19 down to this level here, stopped right at the consequent crochet on this wick,
113 00:10:19 --> 00:10:24 and it rally back up. I said it needs to roll rate through this consequent
114 00:10:24 --> 00:10:29 encroachment if it wants this 22,001 31 and a quarter. And just like a script,
115 00:10:29 --> 00:10:34 it says that very thing here, then the market returns back up into first
116 00:10:34 --> 00:10:39 percent of fair value gap when the heels of the lunch hour in New York, you can
117 00:10:39 --> 00:10:44 see how the market does later on, trade into the first percent of everybody. Gap
118 00:10:44 --> 00:10:50 again, but now it's because it's above the market. Market trades down to it
119 00:10:50 --> 00:10:54 rallies back above and then clears the buy side from earlier in the morning
120 00:10:56 --> 00:11:03 over here. Okay, so just shy of $11,000.02 trades, no losing trades,
121 00:11:03 --> 00:11:06 nothing edited, nothing called incorrectly. All live in the presence of
122 00:11:06 --> 00:11:13 over 80,000 people. Now you decide it's out here for free, you're invited, no
123 00:11:13 --> 00:11:18 PayPal required. I promise you come in and you see this repeat over and over
124 00:11:18 --> 00:11:22 and over again. You're gonna be better at tape reading. That's the only thing
125 00:11:22 --> 00:11:25 I'm promising. It's not a signal service. It's not me trying to get into
126 00:11:25 --> 00:11:30 trades. I'm telling you what to watch for, and I promise you you will not find
127 00:11:30 --> 00:11:35 anyone else out there doing it this consistent, this precise, with the logic
128 00:11:35 --> 00:11:42 that I taught you in 2024 The idea is I'm using the first presented fair value
129 00:11:42 --> 00:11:48 gap as a mechanism to get long and get short, or in rare instances, I'll use it
130 00:11:48 --> 00:11:54 as a draw for a trade that will either market reversal or something to that
131 00:11:54 --> 00:11:57 effect. But generally what I'm looking for is I'm using the first presenter
132 00:11:57 --> 00:12:00 fair value gap when I give the bias in the telegram channel, you already know
133 00:12:00 --> 00:12:04 what direction I'm looking for, and I'll tell you why I'm not interested in
134 00:12:04 --> 00:12:09 certain other direction, and if it goes up against my bias, I do nothing. That's
135 00:12:09 --> 00:12:16 logic, that's discipline. I'm not out here to try to entertain anyone, and
136 00:12:16 --> 00:12:23 it's for free. I can't monetize telegram. So what is my motive? I like
137 00:12:23 --> 00:12:27 doing it. I love being different, and I'm ahead of the pack. There's no one
138 00:12:27 --> 00:12:32 going to do it for free this well, and want nothing in return. I don't even
139 00:12:32 --> 00:12:35 want your thank you. You don't even need you don't even need to do that. Just
140 00:12:35 --> 00:12:40 show up. You'll get better at reading the tape each day each week as it goes
141 00:12:40 --> 00:12:43 by. Hopefully found this insightful until I'll talk to you next time. Lord
142 00:12:43 --> 00:12:45 willing be safe. You.