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Last modified by Drunk Monkey on 2025-04-03 12:12
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2 |1 |00:00:16 ~-~-> 00:00:21 |ICT: My folks, all right, this is a New York launch macro trade and cover all
3 |2 |00:00:21 ~-~-> 00:00:26 |the details as we go. I'm going along here also on an immediate rebalance, so
4 |3 |00:00:26 ~-~-> 00:00:35 |you can see how that came down, closed in, and annotating the buy side of
5 |4 |00:00:35 ~-~-> 00:00:41 |balance, cell sign efficiency. And we're inside of the 1050, 1110, macro. And
6 |5 |00:00:41 ~-~-> 00:00:48 |that is the high I'm aiming for, okay, and I'll tell you why as we go along. So
7 |6 |00:00:48 ~-~-> 00:00:51 |I want to see price stay in the upper half of that blue shaded area. I'm
8 |7 |00:00:52 ~-~-> 00:00:58 |bringing the stop loss up, because if it goes down there, I'm wrong. All right,
9 |8 |00:00:58 ~-~-> 00:01:03 |so we have the top of that blue box right there. That would be a wonderful
10 |9 |00:01:03 ~-~-> 00:01:08 |area to add, but this position is too big for any more additions, because of
11 |10 |00:01:08 ~-~-> 00:01:14 |the volatility today. It's extremely volatile, very, very fast market. I was
12 |11 |00:01:14 ~-~-> 00:01:21 |not able to be with you all today because of some rules. Obviously,
13 |12 |00:01:22 ~-~-> 00:01:26 |whenever we have a large down day the very next trading day, I usually try to
14 |13 |00:01:26 ~-~-> 00:01:33 |avoid the morning session. And it didn't really give me a first presented fair
15 |14 |00:01:33 ~-~-> 00:01:39 |value gap set up this morning. So that's the launch macro buy side liquidity I'm
16 |15 |00:01:39 ~-~-> 00:01:45 |aiming for. And I'll tell you why in just a few minutes, as to why I'm
17 |16 |00:01:45 ~-~-> 00:01:48 |selecting that high, because there's rules to it. And this is another
18 |17 |00:01:49 ~-~-> 00:01:52 |inversion fair value gap that I believe that once price gets above it, it should
19 |18 |00:01:52 ~-~-> 00:01:58 |support price and then run up into that lunch macro, buy, sell, liquidity pool.
20 |19 |00:01:59 ~-~-> 00:02:02 |Notice the blue shaded area I was entering on the candle that came right
21 |20 |00:02:02 ~-~-> 00:02:07 |back down to the low of it, and creating an immediate rebalance. That means the
22 |21 |00:02:07 ~-~-> 00:02:13 |candlestick prior to the bullish candle I was trading long in the retracement of
23 |22 |00:02:15 ~-~-> 00:02:21 |it touched its previous candle, and it's also the low of the previous spot side,
24 |23 |00:02:21 ~-~-> 00:02:27 |about sell side efficiency. So what I'm watching here is, does the market want
25 |24 |00:02:27 ~-~-> 00:02:32 |to stay inside of the previous candles? Wick, which is ideal and optimal?
26 |25 |00:02:34 ~-~-> 00:02:38 |Anything above that inversion fair value gap in orange should set the stage for
27 |26 |00:02:38 ~-~-> 00:02:43 |another run up into that 10 o'clock hour high
28 |27 |00:02:50 ~-~-> 00:02:53 |and see how those candlesticks are basically the same low.
29 |28 |00:02:58 ~-~-> 00:03:02 |And we just swipe it a little bit. So now I want to see it really aggressively
30 |29 |00:03:02 ~-~-> 00:03:09 |run higher. No need for it to trade back down into that bullish survey gap in the
31 |30 |00:03:09 ~-~-> 00:03:16 |form of that blue shaded box it's acting when I entered as a reclaimed busy buy.
32 |31 |00:03:16 ~-~-> 00:03:17 |Some about cell sign efficiency. You
33 |32 |00:03:33 ~-~-> 00:03:40 |all right, so let's see if we can vault above the inversion here by you go, the
34 |33 |00:03:43 ~-~-> 00:03:51 |market basically just fell out of bed this morning. In all honesty, I'm glad
35 |34 |00:03:51 ~-~-> 00:03:55 |that I wasn't with you, because in the comment section, I'm seeing a lot of
36 |35 |00:03:55 ~-~-> 00:03:59 |folks reporting that they're making profitable trades using the tape reading
37 |36 |00:03:59 ~-~-> 00:04:04 |and the opinions and commentary that I give in the telegram channel, and that's
38 |37 |00:04:04 ~-~-> 00:04:08 |what you don't want to be doing if you don't want to be doing that. And today
39 |38 |00:04:08 ~-~-> 00:04:15 |was so fast that even if I was giving any kind of opinion, I'm quite certain
40 |39 |00:04:15 ~-~-> 00:04:18 |some women probably would have hurt themselves, because it was just it was
41 |40 |00:04:18 ~-~-> 00:04:25 |violently fast, unforgiving. Just kept breaking lower, lower, lower. Which begs
42 |41 |00:04:25 ~-~-> 00:04:28 |the question is, why do I feel and why did I feel that it was warranted to take
43 |42 |00:04:28 ~-~-> 00:04:36 |along here? Because we had traded all the way down to the low of the morning
44 |43 |00:04:38 ~-~-> 00:04:44 |just after 10 o'clock, and then at 1030 we had basically had one hour trading.
45 |44 |00:04:44 ~-~-> 00:04:48 |So that's the one hour dealing range. And when it's been no here we are
46 |45 |00:04:49 ~-~-> 00:04:53 |trading about the inversion period. So we want to see it trade above it, break
47 |46 |00:04:53 ~-~-> 00:04:57 |above it, and then come back down and retest it. And once it tests it, we want
48 |47 |00:04:57 ~-~-> 00:05:02 |to see it stay away from the lower half of it. So. But that first hour is
49 |48 |00:05:02 ~-~-> 00:05:06 |trading that dealing range when there's been no real retracements on buy side.
50 |49 |00:05:07 ~-~-> 00:05:13 |That's usually a very, very strong setup for my lunch macro, where basically this
51 |50 |00:05:13 ~-~-> 00:05:18 |retraces into a key high or low. And I'll tell you the rules for it that way.
52 |51 |00:05:18 ~-~-> 00:05:25 |You know, just let's pin, Let's pan out through this setup with each individual
53 |52 |00:05:25 ~-~-> 00:05:29 |candlestick. Okay, so we came down now we left that inversion fair value gap.
54 |53 |00:05:29 ~-~-> 00:05:32 |So then we don't ever want to see it come back down in and trade to the lower
55 |54 |00:05:32 ~-~-> 00:05:38 |half of it. It can come back down and touch it again, but it's beneficial for
56 |55 |00:05:38 ~-~-> 00:05:39 |us. If it doesn't do it, you
57 |56 |00:05:44 ~-~-> 00:05:48 |trading back down to a buy side of valence on efficiency. We're busy. You.
58 |57 |00:06:06 ~-~-> 00:06:10 |Okay, so see how it traded down into the half of that inversion fair value gap.
59 |58 |00:06:10 ~-~-> 00:06:14 |We don't want to see it trade to the lower end of it now. So whenever you're
60 |59 |00:06:14 ~-~-> 00:06:18 |trading my inversion, fair value gap, PD array, you're looking for that
61 |60 |00:06:18 ~-~-> 00:06:23 |characteristic. You're looking for it to behave and perform that way, and if it
62 |61 |00:06:23 ~-~-> 00:06:27 |does that, your probabilities and odds in your favor go astronomically higher.
63 |62 |00:06:27 ~-~-> 00:06:31 |Doesn't mean it's a perfect trade. It doesn't mean you're not going to have a
64 |63 |00:06:31 ~-~-> 00:06:36 |losing trade eventually, but that's the rules I use and I employ with teaching
65 |64 |00:06:36 ~-~-> 00:06:44 |it. And what you see me doing in my examples, I'm alright. So this looks
66 |65 |00:06:44 ~-~-> 00:06:48 |really good for a run up into that lunch macro by sound liquidity pool.
67 |66 |00:06:54 ~-~-> 00:06:58 |Like to see some of that stay open on the previous candle. We don't see that
68 |67 |00:06:58 ~-~-> 00:07:01 |and completely re overlap that.
69 |68 |00:07:06 ~-~-> 00:07:17 |Oh, nice, very, very nice, almost like I know what I doing, standby for a random
70 |69 |00:07:17 ~-~-> 00:07:25 |act of precision, and there's there she is. All right, so that's probably
71 |70 |00:07:25 ~-~-> 00:07:30 |random, so let's take a look at why I picked that that high here. Okay, we saw
72 |71 |00:07:30 ~-~-> 00:07:35 |the market trade lower, obviously, and really no run on buy side. So what I'm
73 |72 |00:07:35 ~-~-> 00:07:39 |showing here is I'm going to take it back to 10 o'clock, because that's the
74 |73 |00:07:39 ~-~-> 00:07:44 |end of the first 30 minutes of trading. So that's your opening range. So that
75 |74 |00:07:44 ~-~-> 00:07:49 |high that forms after 10 o'clock, up to this level, here are reasonable targets
76 |75 |00:07:49 ~-~-> 00:07:55 |for the launch macro. So it's the high that forms after 10 o'clock, when you're
77 |76 |00:07:55 ~-~-> 00:08:01 |selling short for the day or targeting it and reverse it for markets have been
78 |77 |00:08:01 ~-~-> 00:08:03 |really higher. There's all my executions. Hope you found it
79 |78 |00:08:03 ~-~-> 00:08:06 |insightful. I'll talk to you next time. Be safe. Bye.