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Last modified by Drunk Monkey on 2025-04-03 12:11
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2 |1 |00:00:10 ~-~-> 00:00:14 |ICT: Folks, welcome back. So we're looking at the NASDAQ. Here's the daily
3 |2 |00:00:14 ~-~-> 00:00:19 |chart. And if you have not joined the free telegram channel, this is one more
4 |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
5 |4 |00:00:23 ~-~-> 00:00:27 |the fact that I'm inviting other people. So we're looking at the daily chart of
6 |5 |00:00:27 ~-~-> 00:00:31 |the NASDAQ, and I'm going to cover what I shared in the telegram channel live
7 |6 |00:00:32 ~-~-> 00:00:38 |and direct. It was right to the point, and it delivered like gangbusters today.
8 |7 |00:00:38 ~-~-> 00:00:45 |So I told everyone in the channel to note these levels as I have here. Okay,
9 |8 |00:00:46 ~-~-> 00:00:51 |and what I was doing was, if you look at this wick right here, see that I
10 |9 |00:00:51 ~-~-> 00:00:54 |actually have a Fibonacci laid across the wick from this candlesticks close
11 |10 |00:00:55 ~-~-> 00:01:03 |until it's high. And I'm only highlighting 80% level okay? Because I
12 |11 |00:01:03 ~-~-> 00:01:08 |want constant encroachment level noted on that. And then I have the same thing
13 |12 |00:01:08 ~-~-> 00:01:13 |on this. Candlesticks, discount wick, okay, this is a premium wick on prices
14 |13 |00:01:13 ~-~-> 00:01:19 |below it, when it's above it, it's a discount wick. This discount wick here
15 |14 |00:01:19 ~-~-> 00:01:25 |at the time of formation, looking at it when market opened here, trading down
16 |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
17 |16 |00:01:35 ~-~-> 00:01:40 |the coordinates are here, okay, so that way you can replicate this on your own
18 |17 |00:01:40 ~-~-> 00:01:45 |chart. So make sure your numbers agree here with that candlestick. And then
19 |18 |00:01:45 ~-~-> 00:01:50 |this candlestick, you can do the same thing here, coordinates for that one.
20 |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
21 |20 |00:01:54 ~-~-> 00:02:01 |did was I got the consequent crochet of these two candlesticks. Okay, great. In
22 |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
23 |22 |00:02:06 ~-~-> 00:02:10 |golf. You're not going to find it in anything else. I promise you, it's just
24 |23 |00:02:10 ~-~-> 00:02:13 |my stuff. Okay, you're going to see a lot of people start using it, and
25 |24 |00:02:13 ~-~-> 00:02:16 |they're going to try to pretend they can teach it that they don't know what
26 |25 |00:02:16 ~-~-> 00:02:22 |they're doing. So just know that in the future, I will reveal more details about
27 |26 |00:02:22 ~-~-> 00:02:26 |it, but when and how to use it? Obviously, you can see it's mine. I
28 |27 |00:02:26 ~-~-> 00:02:29 |showed you in the telegram channel with the focus on and that gives us this
29 |28 |00:02:29 ~-~-> 00:02:35 |level here, if we get the consequent quotient of this level here. So just
30 |29 |00:02:35 ~-~-> 00:02:45 |look over here, 22,000, 09, 9.50 so I'm 222, 163, 50.
31 |30 |00:02:55 ~-~-> 00:03:07 |Wait and we want 9950, so those these two numbers agree with that number and
32 |31 |00:03:07 ~-~-> 00:03:10 |that lower number. And I already know I'm confusing some of you, but it's
33 |32 |00:03:10 ~-~-> 00:03:16 |okay. I was demonstrating today. All right, so that's the level you're going
34 |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.
35 |34 |00:03:26 ~-~-> 00:03:36 |The 2,022,001 31.25, okay, so when you have this information, you can then
36 |35 |00:03:36 ~-~-> 00:03:46 |blend it with the last three days of high, low, open and close. Okay, so no
37 |36 |00:03:46 ~-~-> 00:03:51 |indicators needed, no overlays needed, no complicated things, okay, very
38 |37 |00:03:51 ~-~-> 00:03:56 |simple, strategic approaches to using data that the algorithm itself will
39 |38 |00:03:56 ~-~-> 00:04:00 |refer back to. Now, if we look at this level here, what levels in close
40 |39 |00:04:00 ~-~-> 00:04:06 |proximity to that? Well, the previous day's low. It's just a little bit too
41 |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
42 |41 |00:04:11 ~-~-> 00:04:15 |going to worry about that. And then we have this candlestick here. So we have
43 |42 |00:04:15 ~-~-> 00:04:20 |the candlesticks high, coming in at 22,001 24 even. That's about as far as I
44 |43 |00:04:20 ~-~-> 00:04:24 |think it would go down into this gray pool. And the gray pool is different
45 |44 |00:04:24 ~-~-> 00:04:28 |between this candlesticks wick and this candlesticks wicks midpoint or
46 |45 |00:04:28 ~-~-> 00:04:32 |consequent crochet levels. So in in a different way, but saying the same
47 |46 |00:04:32 ~-~-> 00:04:38 |thing, it would look like something like this. This is the that's the gray pool
48 |47 |00:04:38 ~-~-> 00:04:47 |right there. It's just a little specific location where I'm expecting a daily
49 |48 |00:04:47 ~-~-> 00:04:51 |higher logo form. And again, like I said, you're not going to find that in
50 |49 |00:04:51 ~-~-> 00:04:55 |anybody else's stuff. They're going to pretend that it's some dead guys
51 |50 |00:04:55 ~-~-> 00:05:01 |material, because they can't stand it. But the real map. Africa is here telling
52 |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
53 |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
54 |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
55 |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
56 |55 |00:05:19 ~-~-> 00:05:22 |this information here, that's what we're looking at. And I'm gonna take the box
57 |56 |00:05:22 ~-~-> 00:05:26 |off of it now, and we'll leave just the lines as I showed in the telegram
58 |57 |00:05:26 ~-~-> 00:05:31 |channel. So we're going to drop down into a one minute chart. Skip right to
59 |58 |00:05:32 ~-~-> 00:05:38 |the meat of the discussion here, all right, and right away you can see
60 |59 |00:05:38 ~-~-> 00:05:42 |there's an old high here. The blue shaded area is that volume imbalance on
61 |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
62 |61 |00:05:47 ~-~-> 00:05:51 |it. In the telegram channel, I actually have two video clips where you can see
63 |62 |00:05:51 ~-~-> 00:05:56 |me doing the executions, and where it's going into the limits and taking
64 |63 |00:05:56 ~-~-> 00:06:01 |profits. So you're welcome to take a look at that there. Don't just look at
65 |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
66 |65 |00:06:06 ~-~-> 00:06:10 |this here. Okay, you can't do that with Market Replay. Okay, just remember that.
67 |66 |00:06:10 ~-~-> 00:06:14 |And Market Replay never lets you see the countdown to the candlesticks. So for
68 |67 |00:06:14 ~-~-> 00:06:17 |the fellows that are asking all the time, you know, just Market Replay in
69 |68 |00:06:17 ~-~-> 00:06:21 |the comment section. I don't use Market Replay. There's no need to. If you join
70 |69 |00:06:21 ~-~-> 00:06:24 |the telegram channel, you'll see that I'm actually calling this stuff in
71 |70 |00:06:24 ~-~-> 00:06:30 |advance, the right bias, the right direction, all that stuff. So it's free,
72 |71 |00:06:30 ~-~-> 00:06:32 |folks. I don't know why you guys are kicking and screaming about not wanting
73 |72 |00:06:32 ~-~-> 00:06:35 |to join it or not going in there, but all your mentors are down in there
74 |73 |00:06:35 ~-~-> 00:06:39 |taking notes. So it's probably better for you to get it from me than to pay
75 |74 |00:06:39 ~-~-> 00:06:45 |for it from them. So this volume imbalance is from the daily chart, and
76 |75 |00:06:45 ~-~-> 00:06:49 |today we were already expecting us to gave guidance in the telegram channel
77 |76 |00:06:49 ~-~-> 00:06:56 |that we were going to have a very small opening range gap. Now, previous regular
78 |77 |00:06:56 ~-~-> 00:07:00 |trading hours, settlement price, we don't know if that's going to be the
79 |78 |00:07:00 ~-~-> 00:07:08 |higher the low, the opening range gap until 930 so at 930 right here, at that
80 |79 |00:07:08 ~-~-> 00:07:14 |opening price, we noticed that it opened lower than previous river trading hour
81 |80 |00:07:14 ~-~-> 00:07:21 |settlement price. And you find that by going into river trading hours, you can
82 |81 |00:07:21 ~-~-> 00:07:26 |see that here. Okay, so that's the that's the separation, small little gap.
83 |82 |00:07:26 ~-~-> 00:07:30 |Yeah, three quarter fill on the gap, and then broke down lower. So we're gonna go
84 |83 |00:07:30 ~-~-> 00:07:36 |back in the regular trading hour. I'm sorry, electronic trading hours. Okay,
85 |84 |00:07:36 ~-~-> 00:07:43 |and the market trades down, clear, sell side here, then it trades up, takes out
86 |85 |00:07:43 ~-~-> 00:07:49 |buy side. I gave guidance on both those reference points. And then I gave the
87 |86 |00:07:49 ~-~-> 00:07:56 |934 as the first presented fair value gap. So as we traded down, I said I was
88 |87 |00:07:56 ~-~-> 00:08:03 |looking for weakness before, before it traded down there, I gave guidance that
89 |88 |00:08:03 ~-~-> 00:08:09 |I was wanting 22,001, 31.25, that was my initial interest. That was my draw.
90 |89 |00:08:09 ~-~-> 00:08:13 |Okay, so when price is up here, what does that mean? Does it means bullish?
91 |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
92 |91 |00:08:18 ~-~-> 00:08:21 |this first presented fair value gap. I said, we want to see it act as a new
93 |92 |00:08:21 ~-~-> 00:08:25 |version of Fairbank gap. And wouldn't you know, it trades up into it, small
94 |93 |00:08:25 ~-~-> 00:08:28 |gap in here, and I'll let you annotate that for your notes. But then we break
95 |94 |00:08:28 ~-~-> 00:08:34 |down, come back up, retest it one more time, break lower, trade back up again,
96 |95 |00:08:34 ~-~-> 00:08:39 |and then slams it down into our objective that I gave on telegram. Now I
97 |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.
98 |97 |00:08:44 ~-~-> 00:08:49 |Look at the recordings, you'll see it's the truth. But if you look at the
99 |98 |00:08:49 ~-~-> 00:08:58 |executions, you can see all the business here matches everything that's on the
100 |99 |00:08:58 ~-~-> 00:09:02 |telegram channel. So I got real close to kneeling the low of the day, and it
101 |100 |00:09:02 ~-~-> 00:09:08 |overshot it a little bit. Now, if you look at the high of the candlestick,
102 |101 |00:09:08 ~-~-> 00:09:15 |that creates the lowest point on daily chart for that gray pool that wick above
103 |102 |00:09:15 ~-~-> 00:09:19 |the candlestick, if you look at the actual candlesticks high on that day,
104 |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
105 |104 |00:09:25 ~-~-> 00:09:28 |down. Let me take these executions off for a second. I'll just show you
106 |105 |00:09:28 ~-~-> 00:09:41 |something. You put a line on your chart at 124 even. Right there. You'll notice
107 |106 |00:09:41 ~-~-> 00:09:44 |that the body stopped dead in its tracks right there. What's the close on that
108 |107 |00:09:44 ~-~-> 00:09:52 |candlestick? Right there? 120 3.75 and the open on the next candle comes in at
109 |108 |00:09:52 ~-~-> 00:09:59 |124 even. That's perfect, perfect. But it overshoots it a little bit because.
110 |109 |00:10:00 ~-~-> 00:10:04 |The wicks are allowed to do the damage. Then the market turns trades back up,
111 |110 |00:10:04 ~-~-> 00:10:11 |comes right back down to my level, the grade pool, 22,001, 31.25, and rallies
112 |111 |00:10:11 ~-~-> 00:10:16 |up, nice little fair value gap in here. And we talked about how price went, came
113 |112 |00:10:16 ~-~-> 00:10:19 |down to this level here, stopped right at the consequent crochet on this wick,
114 |113 |00:10:19 ~-~-> 00:10:24 |and it rally back up. I said it needs to roll rate through this consequent
115 |114 |00:10:24 ~-~-> 00:10:29 |encroachment if it wants this 22,001 31 and a quarter. And just like a script,
116 |115 |00:10:29 ~-~-> 00:10:34 |it says that very thing here, then the market returns back up into first
117 |116 |00:10:34 ~-~-> 00:10:39 |percent of fair value gap when the heels of the lunch hour in New York, you can
118 |117 |00:10:39 ~-~-> 00:10:44 |see how the market does later on, trade into the first percent of everybody. Gap
119 |118 |00:10:44 ~-~-> 00:10:50 |again, but now it's because it's above the market. Market trades down to it
120 |119 |00:10:50 ~-~-> 00:10:54 |rallies back above and then clears the buy side from earlier in the morning
121 |120 |00:10:56 ~-~-> 00:11:03 |over here. Okay, so just shy of $11,000.02 trades, no losing trades,
122 |121 |00:11:03 ~-~-> 00:11:06 |nothing edited, nothing called incorrectly. All live in the presence of
123 |122 |00:11:06 ~-~-> 00:11:13 |over 80,000 people. Now you decide it's out here for free, you're invited, no
124 |123 |00:11:13 ~-~-> 00:11:18 |PayPal required. I promise you come in and you see this repeat over and over
125 |124 |00:11:18 ~-~-> 00:11:22 |and over again. You're gonna be better at tape reading. That's the only thing
126 |125 |00:11:22 ~-~-> 00:11:25 |I'm promising. It's not a signal service. It's not me trying to get into
127 |126 |00:11:25 ~-~-> 00:11:30 |trades. I'm telling you what to watch for, and I promise you you will not find
128 |127 |00:11:30 ~-~-> 00:11:35 |anyone else out there doing it this consistent, this precise, with the logic
129 |128 |00:11:35 ~-~-> 00:11:42 |that I taught you in 2024 The idea is I'm using the first presented fair value
130 |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
131 |130 |00:11:48 ~-~-> 00:11:54 |as a draw for a trade that will either market reversal or something to that
132 |131 |00:11:54 ~-~-> 00:11:57 |effect. But generally what I'm looking for is I'm using the first presenter
133 |132 |00:11:57 ~-~-> 00:12:00 |fair value gap when I give the bias in the telegram channel, you already know
134 |133 |00:12:00 ~-~-> 00:12:04 |what direction I'm looking for, and I'll tell you why I'm not interested in
135 |134 |00:12:04 ~-~-> 00:12:09 |certain other direction, and if it goes up against my bias, I do nothing. That's
136 |135 |00:12:09 ~-~-> 00:12:16 |logic, that's discipline. I'm not out here to try to entertain anyone, and
137 |136 |00:12:16 ~-~-> 00:12:23 |it's for free. I can't monetize telegram. So what is my motive? I like
138 |137 |00:12:23 ~-~-> 00:12:27 |doing it. I love being different, and I'm ahead of the pack. There's no one
139 |138 |00:12:27 ~-~-> 00:12:32 |going to do it for free this well, and want nothing in return. I don't even
140 |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
141 |140 |00:12:35 ~-~-> 00:12:40 |show up. You'll get better at reading the tape each day each week as it goes
142 |141 |00:12:40 ~-~-> 00:12:43 |by. Hopefully found this insightful until I'll talk to you next time. Lord
143 |142 |00:12:43 ~-~-> 00:12:45 |willing be safe. You.