ICT YT - 2025-03-02 - 2025 Lecture Series - NQ Weekly Summary 02-28-2025
Last modified by Drunk Monkey on 2025-04-03 12:13
| 1 | 00:00:34 --> 00:00:38 | ICT: Welcome back, folks. All right, so I apologize on my tardiness. I was |
| 2 | 00:00:38 --> 00:00:45 | supposed to do this on Friday, and I was supposed to do a review on Thursday as |
| 3 | 00:00:45 --> 00:00:53 | well. Truth be told, I lost a childhood friend, and I'm caught up in my feels a |
| 4 | 00:00:53 --> 00:00:57 | little bit so hard for me to focus. So I'm going to make this one kind of |
| 5 | 00:00:57 --> 00:01:01 | brief. I was going to do it like a like a shotgun Saturday type thing and talk a |
| 6 | 00:01:01 --> 00:01:07 | little bit more. I just don't have it in me today. Okay, so All right, so this is |
| 7 | 00:01:07 --> 00:01:13 | the weekly summary, February 28 2025 now obvious, it's Saturday here. It's March |
| 8 | 00:01:13 --> 00:01:19 | 1, 2025 but we're going to take a look at the details as to what led me to the |
| 9 | 00:01:19 --> 00:01:25 | analysis I gave real time in the telegram channel. It's really important |
| 10 | 00:01:25 --> 00:01:30 | before I continue, that you go back and look at the content that I shared over |
| 11 | 00:01:30 --> 00:01:38 | the last couple of weeks. We talked a lot about how enqueue Nasdaq futures was |
| 12 | 00:01:38 --> 00:01:42 | in a very large holding pattern on the daily chart. And I'll revisit those |
| 13 | 00:01:43 --> 00:01:48 | those points in this briefly, but I want you to go back and look at the posts I |
| 14 | 00:01:48 --> 00:01:52 | made in the telegram channel. I want you to also take a look at the guidance that |
| 15 | 00:01:52 --> 00:01:57 | I gave in your YouTube video commentaries, the very specific price |
| 16 | 00:01:57 --> 00:02:02 | levels, the things that I was expecting to see, what I wanted to see, and then |
| 17 | 00:02:02 --> 00:02:10 | look at where we're at right now. Okay, so with that, let's take a closer look |
| 18 | 00:02:10 --> 00:02:15 | at the daily chart for NASDAQ. Now, if you've been following me for a while, |
| 19 | 00:02:16 --> 00:02:19 | especially this year, you know that there was two levels I was referring to |
| 20 | 00:02:19 --> 00:02:25 | on the daily chart for NASDAQ, those being the relative equal highs here, |
| 21 | 00:02:25 --> 00:02:30 | which would naturally have buy side resting above it, and then this low down |
| 22 | 00:02:30 --> 00:02:35 | here. Now these independent lows here also mentioned them in the mentioned |
| 23 | 00:02:35 --> 00:02:41 | them individually. So they were targets as we were cascading lower. Each one of |
| 24 | 00:02:41 --> 00:02:48 | these were significant levels to aim for, but my focus was and I took your |
| 25 | 00:02:48 --> 00:02:53 | attention to this one here, and then trade down into this inefficiency. Don't |
| 26 | 00:02:53 --> 00:02:58 | take my word for what I just said. There a lot of you that are new. It's it's |
| 27 | 00:02:58 --> 00:03:03 | usually a characteristic for someone that's impatient, that is overzealous, |
| 28 | 00:03:03 --> 00:03:07 | they want to get to the you know, the meat of what it is I try to teach, and |
| 29 | 00:03:07 --> 00:03:12 | there's a lot of things that you gloss over, and they're important things that |
| 30 | 00:03:12 --> 00:03:16 | have a great deal of impact in your understanding, and your learning curve |
| 31 | 00:03:16 --> 00:03:21 | is shortened if you pay attention to the details, if you're watching The videos |
| 32 | 00:03:21 --> 00:03:24 | and the lectures and you're not taking notes, if you're not writing down the |
| 33 | 00:03:24 --> 00:03:29 | very things I'm referring to, you're going to miss a lot of salient points |
| 34 | 00:03:29 --> 00:03:33 | that are going to be helpful and beneficial to you as a student. But I |
| 35 | 00:03:33 --> 00:03:39 | stated that until we got outside of these highs or below these lows, the |
| 36 | 00:03:39 --> 00:03:44 | market was going to be held in a holding pattern, if you will. So it makes it |
| 37 | 00:03:44 --> 00:03:50 | difficult, but when the market does, in fact, go after one of these first, be it |
| 38 | 00:03:50 --> 00:03:54 | buy side or sell side, then the market would loosen up, and you'd start to see |
| 39 | 00:03:54 --> 00:04:02 | a lot more volatility. This gap in here, I used two of my PD arrays |
| 40 | 00:04:02 --> 00:04:05 | characteristics and blended them together, that being the volume of |
| 41 | 00:04:05 --> 00:04:13 | balance and the actual gap. Okay, so we watched this in here, and I had a |
| 42 | 00:04:14 --> 00:04:19 | interest in seeing it go higher. Don't take my word for that. Go back and look |
| 43 | 00:04:19 --> 00:04:24 | at everything I'm saying now, what I'm talking about is the bias on the daily |
| 44 | 00:04:24 --> 00:04:32 | chart, meaning that we would go up first to take the buy side out here, then the |
| 45 | 00:04:32 --> 00:04:40 | sell side. As you can see, the market does, in fact, trade after using this |
| 46 | 00:04:40 --> 00:04:46 | gap or volume imbalance hybrid, if you will. It uses it as support here and |
| 47 | 00:04:46 --> 00:04:50 | sends it above the clear the buy side, above these relative equal highs. And |
| 48 | 00:04:50 --> 00:04:57 | then the remaining portion of this area here is completely rebalanced because we |
| 49 | 00:04:57 --> 00:05:02 | traded up into it here, marking over. Top of this single down, closed candle. |
| 50 | 00:05:03 --> 00:05:09 | From that candlesticks low, you can see we repriced back to it. We spent some |
| 51 | 00:05:09 --> 00:05:14 | time back and forth and then left it. That means that all of this now is a |
| 52 | 00:05:14 --> 00:05:19 | balanced price range after taking liquidity. What's kind of liquidity buy |
| 53 | 00:05:19 --> 00:05:25 | side? So now, because it took this side first, it's reasonable to expect it to |
| 54 | 00:05:25 --> 00:05:30 | start working towards the lows, here, here, here, finally, here, and down into |
| 55 | 00:05:30 --> 00:05:36 | this inefficiency. Okay, so again, don't just listen to this and say, Well, yeah, |
| 56 | 00:05:36 --> 00:05:40 | he said it, and there it is. Go back and look at what I said. Go back and look at |
| 57 | 00:05:40 --> 00:05:45 | how I was calling the macro perspective, which is the weekly and daily. Now, |
| 58 | 00:05:45 --> 00:05:49 | while we didn't look at a weekly chart, the daily is a macro perspective. That |
| 59 | 00:05:49 --> 00:05:55 | means it's a bigger time frame. It's a whole lot more weight attributed to very |
| 60 | 00:05:55 --> 00:05:59 | specific PD arrays. And I'll, I'll go over them in this lecture here as well. |
| 61 | 00:06:01 --> 00:06:07 | So we use this gap, volume imbalance, pseudo PD array blending both the |
| 62 | 00:06:07 --> 00:06:12 | characteristics. And it was something I simply wanted to do that sometimes I'll |
| 63 | 00:06:12 --> 00:06:17 | do it if I have something like this where this candlestick doesn't have a |
| 64 | 00:06:17 --> 00:06:22 | wick to touch this previous candlesticks wick, and obviously the bodies are not |
| 65 | 00:06:22 --> 00:06:27 | touching. Okay, there's an absence of the wick that would touch here would |
| 66 | 00:06:27 --> 00:06:33 | make it a clear cut ICT volume imbalance. But because it's not doing |
| 67 | 00:06:33 --> 00:06:39 | that, I'm viewing it with that in mind, where it's a blend or a pseudo. So in |
| 68 | 00:06:39 --> 00:06:47 | this gap area here. Okay, once we treat it down below it, we can grade that, |
| 69 | 00:06:47 --> 00:06:51 | meaning that we're going to put a Fibonacci over top of it, draw from the |
| 70 | 00:06:52 --> 00:06:58 | candlesticks close down to the open of the previous candlestick. Okay, so we're |
| 71 | 00:06:58 --> 00:07:05 | using gap theory there and all of these levels here, you can see how we went |
| 72 | 00:07:05 --> 00:07:10 | down below the gap on this candlestick, and then we opened here on Monday of the |
| 73 | 00:07:10 --> 00:07:14 | week. We just closed in trading. So Monday we opened up here, we traded up |
| 74 | 00:07:14 --> 00:07:20 | into lower quadrant of this inefficiency. So trading here, it |
| 75 | 00:07:20 --> 00:07:24 | doesn't even find its ability to get up into the consequent encroachment of that |
| 76 | 00:07:24 --> 00:07:30 | gap being 21,008 3950 you can see that here. See how it failed to go up to that |
| 77 | 00:07:30 --> 00:07:37 | as I taught in 2024 mentorship on the YouTube channel, when my PD arrays fail, |
| 78 | 00:07:37 --> 00:07:43 | that shows a significance in directional bias when a PD array fails to get to its |
| 79 | 00:07:43 --> 00:07:48 | consequent encroachment, if it's a gap, or if it fails to get to its mean |
| 80 | 00:07:48 --> 00:07:55 | threshold, an order block, if it fails to do that, whatever direction it's |
| 81 | 00:07:55 --> 00:08:01 | moving in, it's signaling, if you Will, in excessiveness in terms of bullishness |
| 82 | 00:08:01 --> 00:08:06 | or bearishness. So since we've taken the buy side here first, and we start to |
| 83 | 00:08:06 --> 00:08:12 | trade lower, our focus is on these lows, here, here, here, here and down, as much |
| 84 | 00:08:12 --> 00:08:18 | as this inefficiency here. And again, the folks there are not students for the |
| 85 | 00:08:18 --> 00:08:22 | folks that just casually watch, or if it's the first time you're watching it, |
| 86 | 00:08:23 --> 00:08:26 | when you see a video like this, and you look into the date, you look at your |
| 87 | 00:08:26 --> 00:08:29 | your chart, and you say, when this guy's explaining something after the fact, |
| 88 | 00:08:29 --> 00:08:33 | it's hindsight. Anybody can do that, which is why I started the video off |
| 89 | 00:08:33 --> 00:08:36 | with, go back and look at the telegram channel. I call that stuff live. It's |
| 90 | 00:08:36 --> 00:08:41 | time, date stamped. You can see it. I never delete anything. Okay, there's |
| 91 | 00:08:41 --> 00:08:46 | nothing ever, ever, ever deleted or edited, ever in my telegram or on my |
| 92 | 00:08:46 --> 00:08:52 | Twitter slash x account. I have never deleted anything. So what I say either |
| 93 | 00:08:52 --> 00:08:57 | works or it doesn't okay. So on Monday, we open trade up into the lower quadrant |
| 94 | 00:08:57 --> 00:09:03 | of that gap and then breaks lower and tax that low here. Next day, on Tuesday, |
| 95 | 00:09:03 --> 00:09:09 | we open small, little rally higher, and then we drop lower again. Next day we |
| 96 | 00:09:09 --> 00:09:14 | open we have a mixed day. So this is an inside day whenever there's a bias |
| 97 | 00:09:14 --> 00:09:18 | that's strong, one sided. In other words, if it's bullish or in this case, |
| 98 | 00:09:18 --> 00:09:23 | we'll use it here when we're bearish and we're looking for these lows and this |
| 99 | 00:09:23 --> 00:09:28 | low to be drawn to, when the market breaks down like that then creates a |
| 100 | 00:09:28 --> 00:09:33 | small Inside Day, where the day's high is lower than the previous day's high |
| 101 | 00:09:34 --> 00:09:39 | and its low is higher than the previous day's low. That's why we call it an |
| 102 | 00:09:39 --> 00:09:44 | Inside Day, because this candlesticks range is inside the previous day's |
| 103 | 00:09:44 --> 00:09:50 | maximum daily range. So in other words, the day that doesn't break previous days |
| 104 | 00:09:50 --> 00:09:57 | high and or previous days low is an Inside Day. They are like a a spring |
| 105 | 00:09:58 --> 00:10:03 | being twisted and compressed. Even tighter. And eventually, when it's let |
| 106 | 00:10:03 --> 00:10:07 | go, you have a lot of energy that's released, and it goes, usually in the |
| 107 | 00:10:07 --> 00:10:12 | direction of the bias, which is the drawn liquidity, these lows, that low, |
| 108 | 00:10:12 --> 00:10:16 | and this inefficiency, as I guided this from the daily chart over the last |
| 109 | 00:10:16 --> 00:10:23 | couple weeks. So the very next day, on Thursday, we open, we trade higher. And |
| 110 | 00:10:23 --> 00:10:26 | I'll explain why. Because a lot of my students, some of you are YouTubers, |
| 111 | 00:10:26 --> 00:10:32 | wanted me to go over why this was troubling for you know, finding shorts, |
| 112 | 00:10:33 --> 00:10:37 | the open, trading up into the high that fails to make even a tap back into the |
| 113 | 00:10:37 --> 00:10:43 | previous day's high. It drops aggressively the largest range of the |
| 114 | 00:10:43 --> 00:10:47 | week, and then trades through our target here. And the very next day, on Friday, |
| 115 | 00:10:48 --> 00:10:53 | we open trade down, trade into inefficiency here, and then look at |
| 116 | 00:10:53 --> 00:11:00 | this. Monsters return back up in to the range on Thursday. See that? So I want |
| 117 | 00:11:00 --> 00:11:04 | to kind of bring to light a little bit more detail a lot of you know that I've |
| 118 | 00:11:04 --> 00:11:10 | taught and mentioned many times that, you know, that's my little handy dandy |
| 119 | 00:11:10 --> 00:11:15 | notepad, okay? And I'm always asked many times what, what information do I keep |
| 120 | 00:11:15 --> 00:11:18 | on my notepad? And you know, what am I keeping track of? What am I writing |
| 121 | 00:11:18 --> 00:11:24 | down? It's basically very specific price levels, like this gap down in here, this |
| 122 | 00:11:24 --> 00:11:28 | gap, I have annotated the high of it and the low of it, and then the consequent |
| 123 | 00:11:28 --> 00:11:33 | encroachment of it. So I want to have those levels noted inside of my notes, |
| 124 | 00:11:33 --> 00:11:38 | where I don't want to have my my charts cluttered up with it. As you'll see, |
| 125 | 00:11:38 --> 00:11:41 | there's a whole lot of stuff I'm going to add here, and if I have it on my |
| 126 | 00:11:41 --> 00:11:47 | chart, it's very distracting the way I teach, because you're learning how to |
| 127 | 00:11:47 --> 00:11:50 | use this information in the language I created for reading price action. |
| 128 | 00:11:50 --> 00:11:55 | Algorithmically, it's beneficial for you to have your charts dressed this way, |
| 129 | 00:11:55 --> 00:12:01 | because you won't be able to respect or build an affinity for their importance |
| 130 | 00:12:01 --> 00:12:06 | without having them noted in advance so that we can watch them real time, study |
| 131 | 00:12:06 --> 00:12:10 | them real time, without taking a trade, without even trying to demonstrate it. |
| 132 | 00:12:10 --> 00:12:13 | It's very important that you do that type of thing, especially when back |
| 133 | 00:12:13 --> 00:12:17 | testing. So when you back testing and you're you're capturing things for like |
| 134 | 00:12:17 --> 00:12:22 | journaling, which is all of what I'm showing you here. This is basically, I |
| 135 | 00:12:22 --> 00:12:28 | hand draw anything that I journal. So I don't have the charts like this. I don't |
| 136 | 00:12:28 --> 00:12:32 | need it because I'm old school. I'm kind of, like, stuck in my ways. If I could |
| 137 | 00:12:32 --> 00:12:37 | go back in time, you know, 33 years, you know, before we were talking today, and |
| 138 | 00:12:37 --> 00:12:43 | I had the tools that's at your disposal today, as a, as a trader, as a, as a |
| 139 | 00:12:43 --> 00:12:47 | technician, as a student, I clearly would be doing it as I'm showing you |
| 140 | 00:12:47 --> 00:12:52 | here, but I don't. I don't have my charts dressed like this, and I don't |
| 141 | 00:12:52 --> 00:12:56 | collect them. I don't do those types of things. I just simply hand draw in my |
| 142 | 00:12:56 --> 00:13:00 | journal. You the very things I'm showing you here, because I can, I can see it |
| 143 | 00:13:00 --> 00:13:05 | because I'm usually watching a handful of markets. So if I'm drawing it out, I |
| 144 | 00:13:05 --> 00:13:09 | know what I'm referring to. And if I had to go back through charts historically, |
| 145 | 00:13:10 --> 00:13:17 | it's easy for me to find them. Okay? So all of these levels in here, in this |
| 146 | 00:13:17 --> 00:13:24 | grading of that gap that was there that low, that low, that low, that low, that |
| 147 | 00:13:24 --> 00:13:29 | low, and this gap in the individual three levels. So it's not a zone. I'm |
| 148 | 00:13:29 --> 00:13:34 | not trading supply and demand zones, the high of that which is the candlesticks |
| 149 | 00:13:34 --> 00:13:37 | low, and the low of the gap, which is this candle sticks high, and then |
| 150 | 00:13:37 --> 00:13:42 | consequent encroachment, which would be just simply the midpoint. Okay, so those |
| 151 | 00:13:42 --> 00:13:47 | are the levels that I had written down on my notepad. Every single day, I'm |
| 152 | 00:13:47 --> 00:13:51 | looking for new information that's derived from this daily time frame. So |
| 153 | 00:13:51 --> 00:13:56 | as the weekly range starts here, I'm watching all of this price action in |
| 154 | 00:13:56 --> 00:14:02 | here. All of this is back and forth price action. So this is all like a |
| 155 | 00:14:02 --> 00:14:07 | holding pattern. So from this buy side liquidity and this low, the market's |
| 156 | 00:14:07 --> 00:14:12 | being held, okay? So the information isn't going to be as pure as it would be |
| 157 | 00:14:12 --> 00:14:17 | in a market that's a lot more fluid, meaning that think of this as chaff, |
| 158 | 00:14:18 --> 00:14:24 | okay? Or confusion or smoke screen. So if you had the ability or technology on |
| 159 | 00:14:24 --> 00:14:30 | this day here to look through all this like with an X ray perspective, if you |
| 160 | 00:14:30 --> 00:14:40 | will, what would you see beyond the veil of this candlestick here? Yes, I I |
| 161 | 00:14:44 --> 00:14:51 | notice this immediate rebalance occurs inside of the close proximity of this |
| 162 | 00:14:51 --> 00:14:59 | gap. Here we open on Wednesday. Here we trade up, we touch the previous Monday. |
| 163 | 00:15:01 --> 00:15:05 | Low. So when it does that, that's an immediate rebalance. We'll see that in |
| 164 | 00:15:05 --> 00:15:10 | the lower time frame. I'm watching these things occur as they form, but I'm |
| 165 | 00:15:10 --> 00:15:16 | monitoring this level here, because it's outside of this to the left of all of |
| 166 | 00:15:16 --> 00:15:21 | this back and forth holding pattern, okay, so what this all represents is |
| 167 | 00:15:21 --> 00:15:26 | time distortion. If we were to take all the candlesticks from this candlestick |
| 168 | 00:15:26 --> 00:15:32 | here, all these candlesticks all together up to here, and just comprise |
| 169 | 00:15:32 --> 00:15:37 | all that data, and to just say three candles, and then from this candlestick |
| 170 | 00:15:37 --> 00:15:41 | here to this candlestick here, and we took all that range there and comprise |
| 171 | 00:15:41 --> 00:15:49 | it inside of three candles alone, this would look extremely fluid, but it |
| 172 | 00:15:49 --> 00:15:53 | wasn't like that, was it. It was very, very troublesome. Working inside these |
| 173 | 00:15:53 --> 00:15:57 | ranges. There's a lot of give and take back and forth, and a lot of basically, |
| 174 | 00:15:58 --> 00:16:02 | consolidation, choppiness, and then one or two moves that occurred, and that was |
| 175 | 00:16:02 --> 00:16:05 | it. And if you weren't part of them, you weren't really participating in the |
| 176 | 00:16:06 --> 00:16:10 | moves. So what I'm doing is I'm looking through all of this to the left of it, |
| 177 | 00:16:10 --> 00:16:16 | and my intention is right there. This gap is energetic away from the |
| 178 | 00:16:17 --> 00:16:21 | retracement went down here, this low that created the sell side liquidity |
| 179 | 00:16:21 --> 00:16:28 | pool that we were aiming for this run here. This is like a breakaway gap. It |
| 180 | 00:16:28 --> 00:16:32 | never came back down in until later over here, but that was after it made the |
| 181 | 00:16:32 --> 00:16:37 | high on the daily chart. So that's all time high. So this gap is very, very |
| 182 | 00:16:37 --> 00:16:41 | important to me because of those very things. And if you missed it, rewind it |
| 183 | 00:16:41 --> 00:16:48 | and listen to me again. So I have a lot of focus in this general proximity. When |
| 184 | 00:16:48 --> 00:16:52 | we're dropping down, I am anticipating PD arrays the form, because it's going |
| 185 | 00:16:52 --> 00:16:58 | to be using this old range. So now we have the volume imbalance here at the |
| 186 | 00:16:58 --> 00:17:02 | low of the gap, and then this candlesticks low, which is the high of |
| 187 | 00:17:02 --> 00:17:06 | the gap, extending it through all of the time. Distortion of these candlesticks |
| 188 | 00:17:06 --> 00:17:10 | back and forth, back and forth. I'm not paying attention to any of that. I'm |
| 189 | 00:17:10 --> 00:17:15 | looking back where the algorithm made it very clear, left a very clear calling |
| 190 | 00:17:15 --> 00:17:19 | card that this is what it's going to refer to. Once the market rotates and |
| 191 | 00:17:19 --> 00:17:24 | goes lower. So the market goes lower here, and then we have two candlesticks |
| 192 | 00:17:24 --> 00:17:30 | in here where we can look for shorts inside of this gap. Now, when it had, |
| 193 | 00:17:30 --> 00:17:34 | when it formed, notice it was a buy side and balance cell sign in efficiency, |
| 194 | 00:17:35 --> 00:17:39 | meaning that it's a fair value gap with a volume imbalance, but it was an up |
| 195 | 00:17:39 --> 00:17:43 | close candle, so that's a buy side imbalance, sell side and efficiency, B, |
| 196 | 00:17:43 --> 00:17:50 | i, s, I busy. When the market's delivering sell side reaching for sell |
| 197 | 00:17:50 --> 00:17:55 | side liquidity, we're going to be looking for a overlapping of that same |
| 198 | 00:17:55 --> 00:18:02 | range, but with down candles. And we get here. So now we're inside the |
| 199 | 00:18:02 --> 00:18:08 | candlestick open here. We trade up to the high of that gap. Isn't that |
| 200 | 00:18:08 --> 00:18:13 | beautiful? See how that works, and it's also my immediate rebalance. The next |
| 201 | 00:18:13 --> 00:18:19 | candlestick on Thursday, we open, we trade up. We don't touch the high on the |
| 202 | 00:18:19 --> 00:18:24 | previous day, we can't get to the high of the inefficiency over here. And then |
| 203 | 00:18:24 --> 00:18:28 | we roll over and we start working towards running out the low, the low, |
| 204 | 00:18:28 --> 00:18:33 | the low below here on the 19th of November. And then we had the |
| 205 | 00:18:33 --> 00:18:37 | inefficiency I aimed for, and gave you guidance before it happened. So all |
| 206 | 00:18:37 --> 00:18:44 | these levels here are also on my notepad. Now, why don't I share these |
| 207 | 00:18:44 --> 00:18:49 | things? Why don't I give them to you? Because they're personal. I promise you, |
| 208 | 00:18:49 --> 00:18:53 | there's nothing secret about it. There's nothing secret to it. It's just these |
| 209 | 00:18:53 --> 00:18:57 | are levels that I'm watching. And I'm using time of day. I'm using the opening |
| 210 | 00:18:57 --> 00:19:01 | range, the opening range gap. I'm looking for new week and new day, |
| 211 | 00:19:01 --> 00:19:06 | opening gaps to come in agreement with the same levels in terms of where I |
| 212 | 00:19:06 --> 00:19:11 | believe the markets being drawn to. So I already get a million questions sent to |
| 213 | 00:19:11 --> 00:19:14 | me by way of my comment section, my YouTube channel, so many questions sent |
| 214 | 00:19:14 --> 00:19:20 | to me on my ex account, on social media, and I get so many emails I don't have |
| 215 | 00:19:20 --> 00:19:26 | any time to go through the plethora of emails I get all the time, like I can't |
| 216 | 00:19:26 --> 00:19:30 | keep up with it. And if I was to provide you with all the levels that I'm looking |
| 217 | 00:19:30 --> 00:19:36 | at actively each week, the ones that are salient I share with you on the telegram |
| 218 | 00:19:36 --> 00:19:42 | channel, those are the ones I'm watching that are are pertinent to what I think |
| 219 | 00:19:42 --> 00:19:45 | is useful for that day, and for the most part, you'll see that they're being |
| 220 | 00:19:45 --> 00:19:46 | utilized. |
| 221 | 00:19:49 --> 00:19:53 | If I provide you more reasons to ask me more questions, all that's going to do |
| 222 | 00:19:53 --> 00:19:59 | is create even more disenchantment for the folks that feel entitled that I |
| 223 | 00:19:59 --> 00:20:03 | asked you something. And I demand an answer, and my response to those that |
| 224 | 00:20:03 --> 00:20:07 | might think that or feel that way, I haven't responded to you or given you a |
| 225 | 00:20:07 --> 00:20:11 | direct answer. It's because I know if you spend time with me, and none of this |
| 226 | 00:20:11 --> 00:20:14 | is costing you any money, okay, and I promise you, no one else called these |
| 227 | 00:20:14 --> 00:20:20 | moves like I did, and it's not bragging. I'm just being honest. No one else |
| 228 | 00:20:20 --> 00:20:28 | outlined it like this. This is literally 1000 plus handles 2000 almost. So I |
| 229 | 00:20:28 --> 00:20:33 | mean, think about it up and then down. And these are not little small, little |
| 230 | 00:20:33 --> 00:20:38 | moves. They're rather large. So I'm not obligated to give you everything at your |
| 231 | 00:20:38 --> 00:20:43 | whim and request, but I do feel confident, like I've always taught in |
| 232 | 00:20:43 --> 00:20:48 | the past. If you hang out with me and you take good notes, 99% of the |
| 233 | 00:20:48 --> 00:20:53 | questions you have that arise up in your mind while watching me, they will be |
| 234 | 00:20:53 --> 00:20:57 | answered either because I'm going to read you revisit ideas that you probably |
| 235 | 00:20:57 --> 00:21:02 | didn't take notes on in the 2024 content, or you just simply aren't |
| 236 | 00:21:03 --> 00:21:06 | paying attention in the times I'm talking about. Because sometimes I have |
| 237 | 00:21:06 --> 00:21:09 | videos that go a little bit past the, you know, five minute threshold. I'm |
| 238 | 00:21:09 --> 00:21:15 | confident that if you give it time and you hang out and you watch, okay, if you |
| 239 | 00:21:15 --> 00:21:20 | were paying for this, you'd be, you know, you'd be more interested, I think. |
| 240 | 00:21:20 --> 00:21:23 | But because it's free, you're just thinking, well, I'll wait until he gets |
| 241 | 00:21:23 --> 00:21:28 | my attention with something. And if I haven't got your attention thus far, I'm |
| 242 | 00:21:28 --> 00:21:31 | probably not somebody that you need to be looking at. Go look at somebody else. |
| 243 | 00:21:32 --> 00:21:36 | Because what we're doing here is the doing, the aspect of actually following |
| 244 | 00:21:36 --> 00:21:40 | what was actually taught on the YouTube channel. I'm not lecturing and teaching |
| 245 | 00:21:40 --> 00:21:43 | something new. I'm just showing you me using what I've already taught on the |
| 246 | 00:21:43 --> 00:21:52 | YouTube channel. So if you give yourself the patience, or develop the patience |
| 247 | 00:21:52 --> 00:21:57 | that show up every day and take good notes, I promise you majority of the |
| 248 | 00:21:57 --> 00:22:00 | things you're looking for in terms of getting an answer or a response, a |
| 249 | 00:22:00 --> 00:22:05 | shortcut right to what you think gives you a better understanding. I'm not a |
| 250 | 00:22:05 --> 00:22:09 | I'm not a mentor like that. I believe that you're going to learn by hands on. |
| 251 | 00:22:09 --> 00:22:13 | You're going to learn because your hands are involved in it. You're going to be |
| 252 | 00:22:13 --> 00:22:16 | handling the price action each day. You're going to be watching what I'm |
| 253 | 00:22:16 --> 00:22:20 | looking at, and over time, you're going to see these things tend to repeat, and |
| 254 | 00:22:20 --> 00:22:24 | you're like, oh, wow, this is, I see how that's happening, but this is the part |
| 255 | 00:22:24 --> 00:22:28 | that you don't see. Okay, I don't I've never shared this. Even when I was doing |
| 256 | 00:22:28 --> 00:22:34 | paid mentorship, I never gave them what was on my notepad. And it's not me |
| 257 | 00:22:34 --> 00:22:38 | holding something back that makes it easier for them. It's just these are the |
| 258 | 00:22:38 --> 00:22:43 | things that they should have looked for because of what I taught. So because |
| 259 | 00:22:43 --> 00:22:47 | there's a lot of people out there that copy me, they take what I say and repeat |
| 260 | 00:22:47 --> 00:22:51 | it. That's also the number one reason why I give guidance on setups on one |
| 261 | 00:22:51 --> 00:22:55 | minute charts, because the time that it takes for the person that was in there |
| 262 | 00:22:55 --> 00:22:59 | trying to copy or parrot me, they have to see that, and then they have to |
| 263 | 00:22:59 --> 00:23:02 | figure out what I'm showing in that chart, and by the time they figure it |
| 264 | 00:23:02 --> 00:23:06 | out, the market's already moving and they can't communicate that effectively |
| 265 | 00:23:06 --> 00:23:10 | to the people that they're trying to do signals for. So that's the rhyme and |
| 266 | 00:23:10 --> 00:23:13 | reason why I'm doing it. I can certainly do setups on on a 60 minute chart. I |
| 267 | 00:23:13 --> 00:23:18 | could do it on a four hour chart. I can do it on just a daily chart. But I do it |
| 268 | 00:23:18 --> 00:23:23 | because I get abused a lot from other people that simply ride my coattails and |
| 269 | 00:23:23 --> 00:23:27 | they want that, and that's why they've always wanted me to do live sessions |
| 270 | 00:23:27 --> 00:23:33 | where I'm trading. Because you see how I trade, you see it okay, there's it's |
| 271 | 00:23:33 --> 00:23:41 | undeniable now, okay, but it irks me. It gets under my skin when I see people |
| 272 | 00:23:41 --> 00:23:46 | that have no talent, no class, no couth, and they'll pretend, in their own |
| 273 | 00:23:46 --> 00:23:50 | country, where the people that they're talking to and pretending that they |
| 274 | 00:23:50 --> 00:23:57 | figured this out themselves, they have no idea who I am, and that's not me |
| 275 | 00:23:57 --> 00:24:02 | trying to be more of a celebrity or something like that, it gets into my |
| 276 | 00:24:02 --> 00:24:09 | skin. So to eliminate that taking up space, am I thinking? Am I concerned |
| 277 | 00:24:09 --> 00:24:13 | while the markets are moving? I do what makes me comfortable? And again, that |
| 278 | 00:24:14 --> 00:24:19 | might not mean that I'm the right mentor for you. That's why some of my students |
| 279 | 00:24:19 --> 00:24:22 | who have learned properly, there's a few of them out there. They don't know |
| 280 | 00:24:22 --> 00:24:25 | everything, but there's a few of them that actually have made models based on |
| 281 | 00:24:25 --> 00:24:30 | the things I taught, and they teach other people doing what they have done. |
| 282 | 00:24:30 --> 00:24:34 | I have no problem with that, because they give me credit. They know that they |
| 283 | 00:24:34 --> 00:24:39 | learned it from me, and they can see that I'm not trying to stand in front of |
| 284 | 00:24:39 --> 00:24:44 | them. Okay, the folks I don't like are the ones that try to take my videos and |
| 285 | 00:24:44 --> 00:24:48 | put them on native language and then try to get ad revenue or sell them as |
| 286 | 00:24:48 --> 00:24:52 | courses you didn't deserve that you didn't do the work for it and or the |
| 287 | 00:24:52 --> 00:24:56 | ones that pretend that they found it themselves, or they use my language and |
| 288 | 00:24:56 --> 00:25:01 | my vocabulary and concepts you. And they claim it's white cough, or they claim |
| 289 | 00:25:01 --> 00:25:05 | it's Elliott Wave, or they claim it's something else. Those are the peoples I |
| 290 | 00:25:05 --> 00:25:09 | take. Those individuals is what I take odds with. So it's just, I'm not losing |
| 291 | 00:25:09 --> 00:25:14 | any sleep over mind you, but I'm answering a lot of questions right now. |
| 292 | 00:25:14 --> 00:25:17 | They may not be the questions that you have asked for, but I get a lot of |
| 293 | 00:25:17 --> 00:25:23 | questions, and then I'm responding to them in a blanket response here. So as I |
| 294 | 00:25:23 --> 00:25:30 | said, the things that I'm watching outside of the daily ranges. That we're |
| 295 | 00:25:30 --> 00:25:36 | watching form intraday are found from the daily chart. Okay, so I'm watching |
| 296 | 00:25:36 --> 00:25:42 | how these price fluctuations move, and they gravitate and gyrate in between |
| 297 | 00:25:42 --> 00:25:45 | where I think it starts the move, and where I believe it's going, or the |
| 298 | 00:25:45 --> 00:25:51 | terminus, or to draw on liquidity. And as new days, develop new PD arrays on |
| 299 | 00:25:51 --> 00:25:55 | the daily chart, I'm constantly referring to those ideas, and I'm adding |
| 300 | 00:25:55 --> 00:25:59 | them to my notepad. That's what you're here. Okay, these are, this is simply |
| 301 | 00:25:59 --> 00:26:07 | just a little yellow notepad and an ink pen and me scribbling down levels from |
| 302 | 00:26:07 --> 00:26:15 | highest to lowest. And as new ones form, I'll add them, okay, and that's it, that |
| 303 | 00:26:15 --> 00:26:20 | that's that's all I'm doing now. That is not a secret weapon. It's just the way |
| 304 | 00:26:20 --> 00:26:25 | I've always remained organized. It is not the best way. Okay, the best way for |
| 305 | 00:26:25 --> 00:26:28 | you as a student learning for me, is simply dress your chart like I'm showing |
| 306 | 00:26:28 --> 00:26:33 | you here. Okay, I'm just not accustomed to doing it this way, but I do it |
| 307 | 00:26:33 --> 00:26:38 | because there's no other way for me to communicate it to you. So because you're |
| 308 | 00:26:38 --> 00:26:41 | learning how to do it, you may get to the point where you know what I'm going |
| 309 | 00:26:41 --> 00:26:47 | to try to do it with this method of only having it written down your notepad. I |
| 310 | 00:26:47 --> 00:26:51 | will say this, if you're used to seeing it on your chart, it may be a little |
| 311 | 00:26:51 --> 00:26:55 | problematic when you're constantly looking away from the chart and looking |
| 312 | 00:26:55 --> 00:26:59 | at notepad annotations, and because it's not the best way of doing it. And I'm |
| 313 | 00:26:59 --> 00:27:03 | making sure you understand I'm saying this. My methodology of having it on a |
| 314 | 00:27:03 --> 00:27:09 | notepad is not the best. It's not the optimal level of organization, but it |
| 315 | 00:27:09 --> 00:27:14 | works for me because I'm old school. Okay, this is the way I had to do it. |
| 316 | 00:27:14 --> 00:27:18 | Okay, I had to have this information next to me while I was driving a truck. |
| 317 | 00:27:18 --> 00:27:21 | Okay, so I had to have a job when I was younger, and this is the way I stayed |
| 318 | 00:27:21 --> 00:27:27 | informed. I would look at where price was in respect to this information, you |
| 319 | 00:27:27 --> 00:27:32 | have the advantage of having it on your chart, watching it and keeping it very |
| 320 | 00:27:32 --> 00:27:35 | organized and journaling it as it's being added to your chart. So when |
| 321 | 00:27:35 --> 00:27:38 | you're journaling, or when you're back testing, or you're looking through old |
| 322 | 00:27:38 --> 00:27:43 | data, collecting the information like this, and keeping reference to it, and |
| 323 | 00:27:43 --> 00:27:47 | in all these little empty spaces over here, as you as you do the screenshots, |
| 324 | 00:27:48 --> 00:27:51 | you should write down your annotations, what you feel is pertinent, what is |
| 325 | 00:27:51 --> 00:27:57 | salient to you, what is important, observations that you've noted in price |
| 326 | 00:27:57 --> 00:28:02 | action, or what you're expecting. And those are the things that majority of |
| 327 | 00:28:02 --> 00:28:08 | students, not just in my fold, but in everyone else's when they're learning |
| 328 | 00:28:08 --> 00:28:15 | how to trade, that's one aspect of development that is not used or utilized |
| 329 | 00:28:15 --> 00:28:19 | enough for the student. That means back testing and journaling, because if you |
| 330 | 00:28:19 --> 00:28:22 | don't keep a record of your observations. You're going to forget it |
| 331 | 00:28:23 --> 00:28:30 | if you don't celebrate the the recognition of seeing something as it as |
| 332 | 00:28:30 --> 00:28:35 | it forms live and you expect to get to do a certain thing or behave a certain |
| 333 | 00:28:35 --> 00:28:38 | way, and it does it. You need to celebrate those moments. Okay? You have |
| 334 | 00:28:38 --> 00:28:45 | to immortalize them, and the only way you can do that that makes sense is to |
| 335 | 00:28:45 --> 00:28:50 | journal it. If you don't have a record of it, it didn't happen, or you'll |
| 336 | 00:28:50 --> 00:28:56 | forget about it easily. And that's unfortunate, because there's lots of |
| 337 | 00:28:56 --> 00:28:59 | you. I'm sure, if you would have been more organized in the beginning, you'd |
| 338 | 00:29:00 --> 00:29:04 | probably be better off now as a trader, and you probably would have been better |
| 339 | 00:29:05 --> 00:29:09 | at getting to where you feel comfortable taking trades more consistently and not |
| 340 | 00:29:09 --> 00:29:16 | worrying about being wrong or losing, if you had been organized and by having a |
| 341 | 00:29:17 --> 00:29:22 | great deal of record keeping, With journaling and back testing moves that |
| 342 | 00:29:22 --> 00:29:26 | have already happened when you buy a book. Okay, when you buy a book about |
| 343 | 00:29:26 --> 00:29:30 | technical trading and trade setups, you're not watching that real time. |
| 344 | 00:29:31 --> 00:29:35 | But if you like that author, if you like that methodology that they're teaching |
| 345 | 00:29:35 --> 00:29:39 | or promoting, you look past that. Isn't it interesting? You look past the fact |
| 346 | 00:29:39 --> 00:29:44 | that it's all hindsight, because you see value in the fact that you're going to |
| 347 | 00:29:44 --> 00:29:48 | look for what they believe is the most important points to put into a book. |
| 348 | 00:29:49 --> 00:29:54 | Well, I'm writing volumes. Okay? I'm writing an encyclopedia of algorithmic |
| 349 | 00:29:54 --> 00:30:00 | price delivery. Every time I talk, I'm giving you chapters of books. It's. That |
| 350 | 00:30:00 --> 00:30:03 | you're not finding the information anywhere else. These things are never |
| 351 | 00:30:03 --> 00:30:08 | going to be retained by you, unless you go through the information, journal it, |
| 352 | 00:30:08 --> 00:30:13 | and then draw out of those examples that you can go back in your own charts and |
| 353 | 00:30:13 --> 00:30:18 | see when you immortalize them and have them in a journal, and then you're |
| 354 | 00:30:18 --> 00:30:23 | really good at keeping record of where certain things are. And I'm not even |
| 355 | 00:30:23 --> 00:30:27 | going to go into how that would be, uh, effectively done. I just think that |
| 356 | 00:30:27 --> 00:30:32 | that's, you know, it's above my pay grade. Let's say it that way. But let's |
| 357 | 00:30:32 --> 00:30:36 | get back to the discussion here. We're going to drop down into an hourly chart |
| 358 | 00:30:36 --> 00:30:41 | here. So everything that was on the daily chart, okay, has been shown over |
| 359 | 00:30:41 --> 00:30:46 | the context of a 60 minute or one hour chart. Now, okay, so here's that daily |
| 360 | 00:30:47 --> 00:30:54 | volume and balance gap that I graded, and then here is Sunday's opening by |
| 361 | 00:30:54 --> 00:30:59 | contrast and Friday settlement price. So that's our new week opening gap. So we |
| 362 | 00:30:59 --> 00:31:04 | showed up in the lower quadrant of that daily volume. Bounds pseudo gap. It |
| 363 | 00:31:05 --> 00:31:09 | trades the lower quadrant and then breaks aggressively. Trades back through |
| 364 | 00:31:09 --> 00:31:14 | the new week opening gap. Notice that once it traded through, it the downside, |
| 365 | 00:31:14 --> 00:31:18 | it only found its way to finding a retest to the low that new week opening |
| 366 | 00:31:18 --> 00:31:23 | gap, or Friday's close, it didn't have any interest at all in trading into the |
| 367 | 00:31:23 --> 00:31:27 | consequent crochet of the new week opening gap, and then it traded lower. |
| 368 | 00:31:27 --> 00:31:33 | Does that indicate bullishness or bearishness? Exceedingly bearish? Why? |
| 369 | 00:31:33 --> 00:31:37 | Because it's not even interested in revisiting the midpoint or consequent |
| 370 | 00:31:37 --> 00:31:42 | crochet of the new week opening gap. Notice that, and the market falls off |
| 371 | 00:31:42 --> 00:31:51 | the take the low here, and trades down into that old buy center, balance, sell, |
| 372 | 00:31:51 --> 00:31:58 | sign, efficiency that we now have traded down below here, which makes this, what |
| 373 | 00:31:59 --> 00:32:03 | an inversion fair value gap. So we want to watch it, see it go up. It trades to |
| 374 | 00:32:03 --> 00:32:08 | the high of it, and that's the immediate rebalance on the daily chart. Okay, so |
| 375 | 00:32:09 --> 00:32:11 | when you're looking at these charts here, the information I'm showing you |
| 376 | 00:32:11 --> 00:32:15 | here, you want to create this in your own charts. Don't just simply take what |
| 377 | 00:32:15 --> 00:32:19 | I'm showing you here as notes and saying, Okay, well, I'm just going to |
| 378 | 00:32:19 --> 00:32:24 | use his and save myself the time you'll never learn doing that I had paid |
| 379 | 00:32:24 --> 00:32:29 | students that simply just did what I did every day. Break the market down. This |
| 380 | 00:32:29 --> 00:32:32 | is what I did. This is what I'm looking at. This is what I was using. This is |
| 381 | 00:32:32 --> 00:32:36 | what we were watching. And then whatever charts I created and any annotations I |
| 382 | 00:32:36 --> 00:32:41 | had them, they used that. And they're the same individuals today that don't |
| 383 | 00:32:41 --> 00:32:48 | know how to trade, and they've been with me since 2016 not all of them, but some |
| 384 | 00:32:48 --> 00:32:54 | of them. I've had students from 2016 email me and beg me for me to pass their |
| 385 | 00:32:54 --> 00:32:59 | combine or their What do you call it, the funded account challenge? Could you |
| 386 | 00:32:59 --> 00:33:05 | just pass it for me and I'll trade it after that. No, that's that's lazy. So |
| 387 | 00:33:06 --> 00:33:11 | you want to take this information here and spend maybe Sunday before the market |
| 388 | 00:33:11 --> 00:33:15 | opens up, and try to duplicate what you see here in your own charts. And then |
| 389 | 00:33:15 --> 00:33:22 | anything you see extra, you add, you add to it that's important to you. Don't |
| 390 | 00:33:22 --> 00:33:24 | just take what I'm showing you here, because these are the things that were |
| 391 | 00:33:24 --> 00:33:28 | important to me over time. You're going to see there's a rhyme and reason what |
| 392 | 00:33:28 --> 00:33:32 | I'm doing, but it's not something I could write down in a book or show you |
| 393 | 00:33:32 --> 00:33:37 | in one video. This is why I look at this and only this right now. It's what the |
| 394 | 00:33:37 --> 00:33:41 | market's doing, as we were talking about in the beginning on the daily chart, |
| 395 | 00:33:41 --> 00:33:46 | that time distortion, it presented that there's going to be times where there |
| 396 | 00:33:46 --> 00:33:50 | isn't that much of a time distortion, where the market is range bound and |
| 397 | 00:33:50 --> 00:33:55 | idly, just back and forth trading. It's frustrating when you want to see |
| 398 | 00:33:55 --> 00:33:59 | sustained price runs, because you see deeper retracements that you're not |
| 399 | 00:33:59 --> 00:34:04 | willing to hold on to where In other instances, when it's not being held in |
| 400 | 00:34:04 --> 00:34:09 | consolidation, in time distortion, the market's easy to hold on to a price run |
| 401 | 00:34:09 --> 00:34:17 | because it's more fluid. Well, for the first part of, I guess, December into |
| 402 | 00:34:18 --> 00:34:23 | just recently, this past week, the market's been strangled and then held in |
| 403 | 00:34:23 --> 00:34:28 | a very large trading range. So there's things that I do based on what the |
| 404 | 00:34:28 --> 00:34:34 | market environment is showing at the time, and there's so many things that I |
| 405 | 00:34:34 --> 00:34:39 | have in my toolbox I can only talk about them, and it's always beforehand. I'm |
| 406 | 00:34:40 --> 00:34:43 | always explaining to you why I believe the market's going to go to a specific |
| 407 | 00:34:43 --> 00:34:47 | level, because I'm showing you the levels I'm aiming for, but the logic |
| 408 | 00:34:47 --> 00:34:51 | that's outside and above that is many times rooted on higher Time Frame |
| 409 | 00:34:51 --> 00:34:58 | charts, at the very minimum daily. Okay, so the market breaks down below that |
| 410 | 00:34:59 --> 00:35:03 | will buy side. Balance outside efficiency on the left side. Okay, just, |
| 411 | 00:35:03 --> 00:35:09 | just for clarity, this box here, okay, let me go back up to the daily chart, |
| 412 | 00:35:09 --> 00:35:14 | because I want you to see it. That's this range here, okay, and we just |
| 413 | 00:35:14 --> 00:35:18 | extend it through all this mess. And we're looking at this price action right |
| 414 | 00:35:18 --> 00:35:23 | here, this little price action right there, inside of this gap that I've |
| 415 | 00:35:23 --> 00:35:28 | highlighted in, I guess orange, or whatever that would be, that's this same |
| 416 | 00:35:28 --> 00:35:35 | area here. Okay, this drop down here on the one hour chart, this low right |
| 417 | 00:35:35 --> 00:35:41 | there, that's occurring on the daily chart right there on this candlestick. |
| 418 | 00:35:42 --> 00:35:46 | Okay? So that we were able to keep track of what's going on, this is the price |
| 419 | 00:35:46 --> 00:35:51 | delivery continuum. Okay, so watching price how it behaves algorithmically on |
| 420 | 00:35:51 --> 00:35:56 | one time frame to the next time frame that's lower. Okay, so with that in |
| 421 | 00:35:56 --> 00:36:00 | mind, the market trades back up, hits the high and then gives you the |
| 422 | 00:36:00 --> 00:36:05 | immediate rebalance on the daily chart. So when it touches that line right |
| 423 | 00:36:05 --> 00:36:13 | there, this moment, at that very moment there, that's this daily high, touching |
| 424 | 00:36:13 --> 00:36:21 | Monday's low. This is Tuesday's trading. Wednesday's high is touching Monday's |
| 425 | 00:36:21 --> 00:36:25 | low, that is an immediate rebalance, because we have a sell side of balance |
| 426 | 00:36:25 --> 00:36:32 | by sound efficiency here when we opened up, and then it completely rebalances in |
| 427 | 00:36:32 --> 00:36:37 | one session, the same session, that would if this candlestick would have had |
| 428 | 00:36:37 --> 00:36:44 | a lower high, the gap formed would be a traditional ICT fair value cap, but it |
| 429 | 00:36:44 --> 00:36:47 | doesn't allow the fair value gap to form, because it goes immediately back |
| 430 | 00:36:47 --> 00:36:50 | up to the previous day's candle. So those three candles that would otherwise |
| 431 | 00:36:50 --> 00:36:55 | may create a fair value gap. It denied it and completely rebalanced it, as I |
| 432 | 00:36:55 --> 00:36:58 | taught you in 2024 and for the folks that were in my paid mentorship years |
| 433 | 00:36:58 --> 00:37:05 | ago, my immediate rebalance is one of the strongest algorithmic signals. When |
| 434 | 00:37:05 --> 00:37:10 | you have a directional bias, it's either going to immediately start that |
| 435 | 00:37:10 --> 00:37:15 | candlestick when it comes up and touches it and gives immediate rebalance. In |
| 436 | 00:37:15 --> 00:37:18 | this case we're bearish, it would have sold off aggressively on that candle. Or |
| 437 | 00:37:18 --> 00:37:23 | what the very next one, and my paid students can call me a liar right now on |
| 438 | 00:37:23 --> 00:37:28 | x if I did not teach that, I've taught it to you publicly in 2024 content as |
| 439 | 00:37:28 --> 00:37:33 | well. So I have it all over the place. You're not finding it in anything else. |
| 440 | 00:37:33 --> 00:37:36 | Okay? Wyckoff didn't talk about that. Supply and demand doesn't talk about it. |
| 441 | 00:37:36 --> 00:37:40 | Chris Laurie didn't teach that. Larry Williams didn't touch it. You know, I |
| 442 | 00:37:40 --> 00:37:42 | can go through the gambit of going through all these other people that |
| 443 | 00:37:42 --> 00:37:48 | people say I borrowed their logic. Next candle, if it doesn't drop Percy, as |
| 444 | 00:37:48 --> 00:37:51 | soon as it creates the immediate rebalance, the very next candle is going |
| 445 | 00:37:51 --> 00:37:55 | to be like this, take off. And I'll ask you, does it look like it took off the |
| 446 | 00:37:55 --> 00:38:00 | downside on the next candle after the immediate rebalance? I believe your I |
| 447 | 00:38:00 --> 00:38:03 | believe your daily chart looks like mine. Maybe not like this in |
| 448 | 00:38:03 --> 00:38:07 | annotations, but it looks like that in terms of where it went. So we have the |
| 449 | 00:38:07 --> 00:38:10 | immediate rebounds here, and then watch what happens. Watch real closely the |
| 450 | 00:38:11 --> 00:38:17 | market goes back up inside of that inversion fair value gap. So we come |
| 451 | 00:38:17 --> 00:38:22 | back and we touch the high of it. We dropped outside of it. Now it's |
| 452 | 00:38:22 --> 00:38:33 | validated. Okay, we want to see it respect the lower half and disregard the |
| 453 | 00:38:33 --> 00:38:37 | upper half. What does that look like here? Well, this is consequent |
| 454 | 00:38:37 --> 00:38:43 | encroachment at 21,003, 19 level. The market goes above that, yes, but does it |
| 455 | 00:38:43 --> 00:38:48 | come all the way back up to the high as it did here? No, it leaves a small, |
| 456 | 00:38:48 --> 00:38:53 | little portion there. So the market shows the bodies staying below the upper |
| 457 | 00:38:53 --> 00:38:59 | quadrant at 21,003, 58.25, yes, the wicks go above it. But that's, that's |
| 458 | 00:38:59 --> 00:39:04 | the part of the price action. That's like a it's like a gray area. It's not |
| 459 | 00:39:04 --> 00:39:09 | black and white, finite. And that's what makes trading a little bit more |
| 460 | 00:39:09 --> 00:39:13 | difficult for people that are studious or academic. For instance, like my |
| 461 | 00:39:13 --> 00:39:19 | uncle, he was very, very studious and academic. He was book smart. I'm not |
| 462 | 00:39:19 --> 00:39:24 | book smart. I'm more street smart, so I can see things and say, Okay, well, it's |
| 463 | 00:39:24 --> 00:39:31 | normal to color outside the lines, because as a kid, I did that. Here, the |
| 464 | 00:39:31 --> 00:39:32 | bodies are telling you the story. |
| 465 | 00:39:33 --> 00:39:37 | It's saying that, Okay, it's done enough, and it's not hitting the upper |
| 466 | 00:39:37 --> 00:39:43 | quadrant. And even with the wicks going above that 21,003, 58.25, level, it's |
| 467 | 00:39:43 --> 00:39:47 | failing to go back to the high that inversion, fair value gap, that in |
| 468 | 00:39:47 --> 00:39:52 | itself, is a signature. Okay, so the next candle, we open up, trade up again, |
| 469 | 00:39:53 --> 00:39:58 | fade. It breaks aggressively, but below relative equal lows, and we get a little |
| 470 | 00:39:58 --> 00:40:03 | bit of a chopping back and forth. And. Here, on your on your charts and on your |
| 471 | 00:40:03 --> 00:40:08 | notes. This candlestick right here, measure half of that right there, which |
| 472 | 00:40:08 --> 00:40:13 | is consequent encouragement. See the body's respecting it there. Extend it |
| 473 | 00:40:13 --> 00:40:16 | forward into these candlesticks here, and you'll find something really neat, |
| 474 | 00:40:16 --> 00:40:21 | even on the 15 second chart. That's extra homework. No extra charge. The |
| 475 | 00:40:21 --> 00:40:26 | market breaks aggressively and trades into our first target of 20,006 40.25 |
| 476 | 00:40:29 --> 00:40:34 | right in here. And then the inefficiencies traded to on Friday, that |
| 477 | 00:40:34 --> 00:40:40 | lower fair value gap on the daily chart. That's this, these this level here, in |
| 478 | 00:40:40 --> 00:40:46 | this blue shaded area is this on the daily chart. That's that low. See it? |
| 479 | 00:40:46 --> 00:40:52 | 20,006 40.25 and this gap here is that blue box. It trades down into there. |
| 480 | 00:40:52 --> 00:40:59 | Well, that's occurring Thursday into Friday, and we have a retracement back |
| 481 | 00:40:59 --> 00:41:06 | up into this inefficiency right there from the weekly perspective. Okay, |
| 482 | 00:41:06 --> 00:41:12 | entire time when the markets trading and moving in direction I'm expecting it to |
| 483 | 00:41:12 --> 00:41:18 | do, which is the 20,006 40.25 level and again, go back and listen and look at |
| 484 | 00:41:18 --> 00:41:22 | the things I've highlighted. Those are levels that were given in advance. |
| 485 | 00:41:24 --> 00:41:27 | They're not after the fact. And say, Well, look how pretty it is as the |
| 486 | 00:41:27 --> 00:41:33 | market's dropping down, I'm considering what the weekly range looks like. And |
| 487 | 00:41:33 --> 00:41:37 | this is a crude depiction. I don't have a I know some of my students have |
| 488 | 00:41:37 --> 00:41:41 | created indicators, and I'm not about to start messing with them, because I'll |
| 489 | 00:41:42 --> 00:41:45 | start going through everybody's version of it, and I'll waste my time doing not |
| 490 | 00:41:45 --> 00:41:49 | to say that it's a waste of time having but my time right now is extremely |
| 491 | 00:41:49 --> 00:41:56 | limited, so I I think about it like this, the market opened up here on |
| 492 | 00:41:56 --> 00:42:01 | Sunday. That's me drawing this line here. That's this, that price right |
| 493 | 00:42:01 --> 00:42:08 | there, that high is this high here, and as it's dropping down, in my mind, every |
| 494 | 00:42:08 --> 00:42:12 | day of the week, I'm envisioning how it's going to trade down to that low and |
| 495 | 00:42:12 --> 00:42:18 | into this inefficiency. So the low of the week is depicted here, but in my |
| 496 | 00:42:18 --> 00:42:24 | mind, I'm watching how it goes below this, 20,006 40.25 as a draw on |
| 497 | 00:42:24 --> 00:42:33 | liquidity and the top of that. So in my notes on my notepad, I have this blue |
| 498 | 00:42:33 --> 00:42:39 | box is high, and then it just goes lower, obviously. And I just annotated |
| 499 | 00:42:39 --> 00:42:44 | it here. So that's how I put my notes in. In summary, for my journal, I write |
| 500 | 00:42:44 --> 00:42:49 | down that the weekly range extended through and just outside for like a |
| 501 | 00:42:49 --> 00:42:54 | mohawk with that candlestick low right there, but in my mind and throughout the |
| 502 | 00:42:54 --> 00:42:58 | week, I'm watching just for the high of that to be traded to certainly this |
| 503 | 00:42:58 --> 00:43:03 | level here. But that's my, my my goal, if you will, okay, that's my moral |
| 504 | 00:43:03 --> 00:43:07 | victory, whether I'm trading it or not. If it trades there, I feel good for |
| 505 | 00:43:07 --> 00:43:12 | myself, and I tell myself that was done well, and I literally write that down |
| 506 | 00:43:12 --> 00:43:17 | and say, you know that that analysis was done right, or done well, or I feel good |
| 507 | 00:43:17 --> 00:43:22 | about what I did. It was really accurate this week, or I was accurate this week, |
| 508 | 00:43:22 --> 00:43:27 | and I give myself those little bullet points, because subconsciously, my my |
| 509 | 00:43:27 --> 00:43:31 | subconscious will retain that like a sponge. And even though there were |
| 510 | 00:43:31 --> 00:43:36 | problematic periods of the of this individual week, it kind of like smooths |
| 511 | 00:43:36 --> 00:43:41 | out those rough edges. You want to be very supportive and much like a |
| 512 | 00:43:41 --> 00:43:44 | cheerleader for yourself in your own journal. You don't want to put it on so |
| 513 | 00:43:44 --> 00:43:47 | thick it's you're going to give yourself a diabetic coma, but you want to be |
| 514 | 00:43:47 --> 00:43:55 | realistic about your encouragement to yourself. All right, so this is a 15 |
| 515 | 00:43:55 --> 00:43:59 | minute time frame, and this is the minimum that I think you should have in |
| 516 | 00:43:59 --> 00:44:02 | your journal. So if you've been watching what price has been doing, and you're |
| 517 | 00:44:02 --> 00:44:06 | using these time frames the very minimum, this is what you should have in |
| 518 | 00:44:06 --> 00:44:10 | your charts, okay, and I'll talk about other parts of the chart that were, in |
| 519 | 00:44:10 --> 00:44:17 | my opinion, salient, but you can include them on yours. Here is that daily gap, |
| 520 | 00:44:17 --> 00:44:20 | volume of balance, as I mentioned before, touching the lower quadrant of |
| 521 | 00:44:20 --> 00:44:24 | it and here, and finally breaking away, trading over top of the new week opening |
| 522 | 00:44:25 --> 00:44:30 | gap, and then trading right up to the new week opening gap low, okay. And then |
| 523 | 00:44:30 --> 00:44:35 | it drops from there, and it creates this smooth level in here. And even there, it |
| 524 | 00:44:35 --> 00:44:40 | just got to a point where I expected fully they would likely try to upset |
| 525 | 00:44:40 --> 00:44:46 | this. And to be honest with you, I was surprised to see it left intact. So I |
| 526 | 00:44:46 --> 00:44:53 | think that that might be something that may get revisited, you know, in the next |
| 527 | 00:44:53 --> 00:44:57 | weeks or whatever, barring any kind of major continuation on the sell off, |
| 528 | 00:44:57 --> 00:45:03 | right? But this is a really. Logical level for liquidity that's being built |
| 529 | 00:45:03 --> 00:45:12 | up for anyone that's short. And to my thinking, okay, and think about it. Say |
| 530 | 00:45:12 --> 00:45:17 | this was the trade down below 19,000 on NASDAQ. Okay, let's just say over the |
| 531 | 00:45:17 --> 00:45:22 | next couple months, especially going into like May, let's assume that we're |
| 532 | 00:45:22 --> 00:45:29 | in for a deeper sell off. In my mind, if I was making the market for NASDAQ, I |
| 533 | 00:45:29 --> 00:45:33 | would want to come up here and clear this out. Now I'm not saying just go up |
| 534 | 00:45:33 --> 00:45:37 | here, buy a couple handles, but maybe, just like running up in here, maybe up |
| 535 | 00:45:37 --> 00:45:44 | into this inefficiency entirely, and then whatever rollover after that might |
| 536 | 00:45:44 --> 00:45:49 | be, you know, really exciting. It's just something I have in my notes. Okay, so |
| 537 | 00:45:49 --> 00:45:54 | I'm not trying to push it as a hard sell that this, it's going to go up here to |
| 538 | 00:45:54 --> 00:45:58 | these, to these highs. I'm just saying that it's just really uncharacteristic |
| 539 | 00:45:58 --> 00:46:03 | for the market to leave something that smooth and straight line, especially if |
| 540 | 00:46:03 --> 00:46:07 | there's going to be a precipitous drop later in the year. You know what I mean. |
| 541 | 00:46:07 --> 00:46:13 | So anyway, the market trades below that former buy side and balance outside |
| 542 | 00:46:13 --> 00:46:18 | efficiency that when we traded below it here, it changes its characteristic to |
| 543 | 00:46:18 --> 00:46:22 | that of a inversion fair value cap. So since it formed in the basis of a buy |
| 544 | 00:46:22 --> 00:46:26 | side of balance, outside of efficiency, when it changes its characteristic to |
| 545 | 00:46:26 --> 00:46:31 | what now bearish. So what was usually bullish now is going to be used as a |
| 546 | 00:46:31 --> 00:46:35 | bearish PD array. And this line is that line that I showed you, is the immediate |
| 547 | 00:46:35 --> 00:46:39 | rebalance. But you want to do your annotation on the daily chart and let |
| 548 | 00:46:39 --> 00:46:43 | them be seen or visible on the lower time frames. Okay, it's really important |
| 549 | 00:46:43 --> 00:46:50 | you're able to do that. This inefficiency here is the first one after |
| 550 | 00:46:50 --> 00:46:54 | the market rolls over at the beginning of the week. So I want to grade that |
| 551 | 00:46:54 --> 00:46:58 | always. And as you can see here, we're using the volume imbalance of this |
| 552 | 00:46:58 --> 00:47:04 | candlesticks close and this candlesticks high is the low that city. Okay, we're |
| 553 | 00:47:04 --> 00:47:09 | not using this candlesticks low to this candlesticks high. There's a slight |
| 554 | 00:47:09 --> 00:47:12 | difference between these two price points. This candlesticks closed is |
| 555 | 00:47:12 --> 00:47:16 | slightly higher than that of this candlesticks opening price so that is a |
| 556 | 00:47:16 --> 00:47:21 | volume imbalance. So you want to make sure you're using that there and notice |
| 557 | 00:47:21 --> 00:47:25 | what's occurring in here. These are the very things that I taught my private |
| 558 | 00:47:25 --> 00:47:31 | mentorship students, okay? And because it requires work, it requires more than |
| 559 | 00:47:31 --> 00:47:37 | just a glance, a passing you peek at it on a chart, because it takes time to |
| 560 | 00:47:37 --> 00:47:43 | make your charts, annotate them, screenshot them, journal them. If you |
| 561 | 00:47:43 --> 00:47:47 | don't like that part of trading, I promise you, you will very much struggle |
| 562 | 00:47:47 --> 00:47:51 | with the adversities that come by way of just a natural progression and learning |
| 563 | 00:47:51 --> 00:47:55 | how to be consistently profitable. And that's why most people can't find |
| 564 | 00:47:55 --> 00:47:59 | consistently profitable, because they don't have the due diligence, they don't |
| 565 | 00:47:59 --> 00:48:02 | have the wherewithal, they don't have the commitment. They don't have the |
| 566 | 00:48:02 --> 00:48:06 | tenacity to stick to something, even though it's uncomfortable, even though |
| 567 | 00:48:06 --> 00:48:10 | it doesn't put money in your pocket right away. And that is back testing and |
| 568 | 00:48:10 --> 00:48:16 | journaling, I promise you, if you know someone that's just recently found |
| 569 | 00:48:16 --> 00:48:19 | themselves in terms of profitability, one of two things are going to happen. |
| 570 | 00:48:20 --> 00:48:23 | They're gonna, if they're honest, they're gonna reflect and say, You know |
| 571 | 00:48:23 --> 00:48:25 | what, I probably would have been better off if I would have been much more |
| 572 | 00:48:25 --> 00:48:29 | organized and I did these types of things, I would have been able to pick |
| 573 | 00:48:29 --> 00:48:33 | up on my problems and my errors and then repeating occurrences where I'm holding |
| 574 | 00:48:33 --> 00:48:40 | myself back, or their temporary success falls apart because they didn't do this |
| 575 | 00:48:40 --> 00:48:45 | part. Okay? So it's real important that you take away from this is that being |
| 576 | 00:48:45 --> 00:48:50 | organized, journaling and getting the information out of old moves, that's |
| 577 | 00:48:50 --> 00:48:55 | your best teacher, not ICT, not the guy or gal that you're paying as a mentor, |
| 578 | 00:48:56 --> 00:49:02 | the back testing and hindsight, those are your best teachers. And when you |
| 579 | 00:49:02 --> 00:49:06 | remove the stigmatism that's placed on hindsight, hindsight, hindsight. I mean, |
| 580 | 00:49:06 --> 00:49:09 | if you're trying to promote a signal service and you're only showing what you |
| 581 | 00:49:09 --> 00:49:13 | did right then obviously there's a problem here. But if someone has a |
| 582 | 00:49:13 --> 00:49:17 | signal service and are able to say, here's what I'm seeing right now, this |
| 583 | 00:49:17 --> 00:49:21 | is what I believe Mark's gonna happen to go here or go there. And I believe a |
| 584 | 00:49:21 --> 00:49:24 | stop loss at this price level, and you're able to see that for a month or |
| 585 | 00:49:24 --> 00:49:29 | two consistently, then I think that person's earned a measure of attention |
| 586 | 00:49:29 --> 00:49:34 | that's afforded them. Otherwise. Hindsight is not beneficial there, but |
| 587 | 00:49:34 --> 00:49:40 | any form of education, all forms of education, has a considerable amount of |
| 588 | 00:49:40 --> 00:49:45 | hindsight, and when you go through your charts like I'm showing you here, you're |
| 589 | 00:49:45 --> 00:49:49 | building up your understanding at your own pace. And no one can look at your |
| 590 | 00:49:49 --> 00:49:53 | charts unless you share them publicly, which you shouldn't. Do you never feel |
| 591 | 00:49:53 --> 00:49:57 | like you got to keep up with everybody else. And no one's going to criticize |
| 592 | 00:49:57 --> 00:50:00 | your charts because they're private. They're yours, and that's. A an |
| 593 | 00:50:00 --> 00:50:06 | incredibly important facet to developing properly. But this inefficiency here, I |
| 594 | 00:50:06 --> 00:50:12 | grade that. Okay, so the very first inefficiency that forms once the week |
| 595 | 00:50:12 --> 00:50:17 | starts, really important. It's along the same premise as the first presenter, |
| 596 | 00:50:17 --> 00:50:21 | fair value gap, like a new week opening gap, you extend them throughout the |
| 597 | 00:50:21 --> 00:50:25 | entirety of the week, and they're going to be utilized again. But in this case |
| 598 | 00:50:25 --> 00:50:31 | here, because we have a directional bias that's bearish, the high of it to the |
| 599 | 00:50:31 --> 00:50:34 | low of it, and then the consequent encroachment. Look at the consequence |
| 600 | 00:50:34 --> 00:50:39 | midpoint. See how the bodies are respecting that. Yes, there's little |
| 601 | 00:50:39 --> 00:50:44 | inert wicks above it, but that's permitted. That's this, like coloring |
| 602 | 00:50:44 --> 00:50:50 | outside the lines. This is indicating that we're not likely to go higher. So |
| 603 | 00:50:50 --> 00:50:56 | if we're not likely to go higher, and we can't even close in this little portion |
| 604 | 00:50:56 --> 00:51:01 | here to that candlesticks high and that candlesticks low, that makes this a |
| 605 | 00:51:01 --> 00:51:08 | candidate for a breakaway gap. It's also occurring right at the low of the new |
| 606 | 00:51:08 --> 00:51:13 | week opening gap. See how these things blend together. So when you're doing |
| 607 | 00:51:13 --> 00:51:17 | your annotations, you have to really spend some time put some calming music |
| 608 | 00:51:17 --> 00:51:22 | on, or some driving music. You know that you really like that makes you feel |
| 609 | 00:51:22 --> 00:51:27 | good, that it has your your attention up. You should not be listening to some |
| 610 | 00:51:27 --> 00:51:32 | crazy, wacky rave music where you're when you're trading because you don't |
| 611 | 00:51:32 --> 00:51:40 | want to be elevated. Your your focus needs to be 100% dialed in and no |
| 612 | 00:51:40 --> 00:51:46 | additional stimuli. It should be calming, very, very simple, calming, but |
| 613 | 00:51:46 --> 00:51:50 | studying and back testing, that's where you want to have the high energy. You |
| 614 | 00:51:50 --> 00:51:52 | want to you want to feel like you're in that movie and you're the main |
| 615 | 00:51:52 --> 00:51:56 | character. And they had that awesome soundtrack playing, like, for instance, |
| 616 | 00:51:56 --> 00:52:03 | movies, song from heat. When that movie came out, that was, like, my go to song, |
| 617 | 00:52:04 --> 00:52:09 | you know, when, when Al Pacino racing, you know, the chase, you know, after Al |
| 618 | 00:52:09 --> 00:52:14 | Pacino and he it just, it's this instrumental song. It's awesome, |
| 619 | 00:52:14 --> 00:52:18 | awesome, awesome track. And that was, like, my, that was my joint. Like, that |
| 620 | 00:52:18 --> 00:52:22 | was my jam, when I would pack test, and you look at old data and stuff, |
| 621 | 00:52:23 --> 00:52:28 | wonderful, wonderful way of just staying energetic that might be a little too old |
| 622 | 00:52:28 --> 00:52:32 | school for some of you. I think it's a timeless track. It sounds awesome, but |
| 623 | 00:52:32 --> 00:52:38 | whatever you like listening to when you're back testing, make it fun. Make |
| 624 | 00:52:38 --> 00:52:41 | it like, almost like a form of meditation. Some of you guys and gals |
| 625 | 00:52:41 --> 00:52:45 | that you go to gym, you work out, you've had the conditioning shelf to do that, |
| 626 | 00:52:45 --> 00:52:48 | you have to tell yourself, this is what I'm going to do. This is part of who I |
| 627 | 00:52:48 --> 00:52:52 | am as a trader. This is what you have to do if you really want to be organized, |
| 628 | 00:52:52 --> 00:52:55 | if you really want to have the visibility to see setups that the |
| 629 | 00:52:55 --> 00:53:00 | average person in trading isn't going to see. You do these things. Notice that |
| 630 | 00:53:00 --> 00:53:07 | I've shown basically three perspectives just on this 115 in time frame, and it |
| 631 | 00:53:07 --> 00:53:13 | changed just in this area. Here three different screenshots, but look at the |
| 632 | 00:53:13 --> 00:53:19 | level of clarity and depth of view of seeing what price is doing when you do |
| 633 | 00:53:19 --> 00:53:26 | these types of things. I'm going to say it again, and it sounds like a cop out |
| 634 | 00:53:26 --> 00:53:32 | answer, okay, but it's the truth. When you guys ask me, collectively, in all |
| 635 | 00:53:32 --> 00:53:36 | forms of medium, why am I looking at that gap? Why am I not looking at this |
| 636 | 00:53:36 --> 00:53:40 | and why am I not going to it's because I'm showing you what I've done over the |
| 637 | 00:53:40 --> 00:53:46 | years, that trains my focus into looking at these types of gaps. When there's not |
| 638 | 00:53:46 --> 00:53:51 | just one level of information being presented to you with that one gap, |
| 639 | 00:53:52 --> 00:53:55 | there has to be other things in agreement. It's like a confluence of |
| 640 | 00:53:55 --> 00:54:00 | things. So just simply, because there's a three candle formation and there's a |
| 641 | 00:54:00 --> 00:54:04 | down close candle in the middle of the three candles. That doesn't mean it's a |
| 642 | 00:54:04 --> 00:54:09 | an inefficiency that I'm concerned about. It has to have something along |
| 643 | 00:54:09 --> 00:54:13 | the lines of time. Well, what's the time aspect here? It's the very first |
| 644 | 00:54:13 --> 00:54:18 | displacement after the start of the week, in the direction of my you know, |
| 645 | 00:54:18 --> 00:54:24 | my draw on liquidity, which is the a lot lower on the daily chart, because it's |
| 646 | 00:54:24 --> 00:54:29 | the first one I want to see. Does it perform and show signatures of |
| 647 | 00:54:29 --> 00:54:35 | breakaway? Breakaway means it's like rocket fuel. It's going to really set my |
| 648 | 00:54:36 --> 00:54:41 | my directional bias on fire, in terms of the the magnitude, the speed, the |
| 649 | 00:54:41 --> 00:54:46 | ferocity of how fast it wants to go. There. Those are the types of trades I'm |
| 650 | 00:54:46 --> 00:54:50 | teaching students to learn to look for not just the average one to one type |
| 651 | 00:54:50 --> 00:54:52 | thing. They're easy bread and butter stuff I've taught you that it's all over |
| 652 | 00:54:52 --> 00:54:58 | the YouTube channel, but to be exceptional, to be a cut above everyone |
| 653 | 00:54:58 --> 00:55:04 | else in finding setups that. Absolutely destroy and lay shame on everything else |
| 654 | 00:55:04 --> 00:55:10 | out there. You have to look for things like this, and over time, it makes your |
| 655 | 00:55:10 --> 00:55:14 | technical analysis, technical science. It makes your ability to see these |
| 656 | 00:55:14 --> 00:55:22 | setups crystal clear, laser guided. Okay, it's like having, well, I can go |
| 657 | 00:55:22 --> 00:55:25 | on and on. It's going to sound like bragging, and sometimes it hurts |
| 658 | 00:55:25 --> 00:55:31 | everybody's feelings that aren't really here to learn. But when we had this |
| 659 | 00:55:31 --> 00:55:36 | delivery here below that, oh, buy sign and balance cell sign efficiency, it |
| 660 | 00:55:36 --> 00:55:41 | acts as a inversion pair behind gap, scrubbing over to the right a little |
| 661 | 00:55:41 --> 00:55:44 | bit. That's that move we just talked about here. And it climbs up. Look how |
| 662 | 00:55:44 --> 00:55:47 | it uses the low of that old bison about cell sign efficiency, but we're |
| 663 | 00:55:47 --> 00:55:52 | expecting it to perform as a inversion, fair value gap. Look how it uses the |
| 664 | 00:55:52 --> 00:55:57 | grading, or the, you know, the quadrant levels that's been added to it. Low. |
| 665 | 00:56:00 --> 00:56:06 | Lower quadrant. Lower quadrant bodies just outside of it a little bit and then |
| 666 | 00:56:06 --> 00:56:11 | rallies up lower quadrant. Consequent encroachment, high. Immediate rebalance |
| 667 | 00:56:11 --> 00:56:16 | on the daily chart, Mondays low, it touches Okay, so Wednesday trades up to |
| 668 | 00:56:16 --> 00:56:22 | Monday's low. Immediate rebalance on the daily notice. I had the annotation |
| 669 | 00:56:22 --> 00:56:26 | there. You have to be diligent about keeping record of what levels you have |
| 670 | 00:56:26 --> 00:56:28 | when you're doing your back testing and journaling, when you take your |
| 671 | 00:56:28 --> 00:56:33 | screenshots, you have to add the information that helps you keep track of |
| 672 | 00:56:33 --> 00:56:37 | what you're looking at on the lower time frames. Just putting a line on it from |
| 673 | 00:56:37 --> 00:56:41 | daily chart or weekly chart, you're going to lose the location and the |
| 674 | 00:56:41 --> 00:56:44 | importance of what is it? What is it talking about? What is it showing? |
| 675 | 00:56:44 --> 00:56:48 | What's the story behind that level? If you don't add the annotations to the |
| 676 | 00:56:48 --> 00:56:52 | levels or the PD arrays, you're going to get lost in the sauce. So the market |
| 677 | 00:56:52 --> 00:56:58 | drops from here outside of it once more. So that validates this now, as in |
| 678 | 00:56:58 --> 00:57:02 | inversion, fair value gap. So we're going to watch this midpoint to the |
| 679 | 00:57:02 --> 00:57:08 | high. We want to see it disregard this upper portion. The market trades up, |
| 680 | 00:57:08 --> 00:57:12 | creates the low on that candlestick. Rate that low of the inversion fair |
| 681 | 00:57:12 --> 00:57:16 | value gap trades down here. Giant rates around the consequent encroachment |
| 682 | 00:57:16 --> 00:57:21 | shoots up in the upper quadrant, fails to touch the upper half, and anything |
| 683 | 00:57:21 --> 00:57:25 | rolling over from there is ideal. What is this low and this low? You can't |
| 684 | 00:57:26 --> 00:57:30 | recognize it easily when it's zoomed in like this, because you're too close to |
| 685 | 00:57:30 --> 00:57:33 | the trees to see the forest. These would be relatively cool lows on the daily |
| 686 | 00:57:33 --> 00:57:38 | chart. But right here, watch what we're doing. We're going to scrub over, and |
| 687 | 00:57:38 --> 00:57:44 | that's here. Market breaks down, trades precipitously lower, and then we have |
| 688 | 00:57:44 --> 00:57:50 | this gap here. Why am I not using this one here? Because it left that inversion |
| 689 | 00:57:50 --> 00:57:55 | fair value gap. I naturally want to see that always act as a breakaway gap. |
| 690 | 00:57:55 --> 00:57:59 | Okay, that's for the people that are paying attention. No extra charge. But |
| 691 | 00:57:59 --> 00:58:04 | the next one after that, we've taken this low out and we traded into |
| 692 | 00:58:04 --> 00:58:07 | liquidity. Now we're going to have to use this information here. So this |
| 693 | 00:58:07 --> 00:58:12 | candle sticks low. This candle sticks high grade. That look at the body |
| 694 | 00:58:12 --> 00:58:14 | stopping, rate of consequence, encroachment. The wicks are allowed to |
| 695 | 00:58:14 --> 00:58:18 | do damage, but notice they're not going higher each time they're going lower. |
| 696 | 00:58:18 --> 00:58:23 | And in lower quadrant here, the brakes aggressively lower, and then trades into |
| 697 | 00:58:23 --> 00:58:29 | our 20,006 40.25 level, and then into the bison about sell sign efficiency |
| 698 | 00:58:30 --> 00:58:34 | that gave you as the low end target on the daily chart for NASDAQ. And then on |
| 699 | 00:58:34 --> 00:58:38 | Friday, we see it trade down just outside of a little bit, rallies higher, |
| 700 | 00:58:38 --> 00:58:44 | drops down once more, and then pumps up into the old target, or initial target I |
| 701 | 00:58:44 --> 00:58:54 | gave you at the 20,000 I think it's 943, or something. Here we have the |
| 702 | 00:58:56 --> 00:59:03 | range here shown on a one minute chart. It drops down here. Works inside that |
| 703 | 00:59:03 --> 00:59:10 | inefficiency, using the quadrant levels and breaks down and trades lower on |
| 704 | 00:59:10 --> 00:59:15 | Thursday, this is the part of the review that I told you I'd give you. Here's |
| 705 | 00:59:15 --> 00:59:19 | Thursday's opening range gap, and you can see it with the record trading |
| 706 | 00:59:19 --> 00:59:23 | hours. So here's the opening price at 930 and regular trading hours settlement |
| 707 | 00:59:23 --> 00:59:27 | price, which, when we have an opening price that's higher at 930 Eastern time, |
| 708 | 00:59:28 --> 00:59:31 | if it's higher than regular trading hours previous settlement, that means |
| 709 | 00:59:31 --> 00:59:34 | you're gonna have a premium gap opening. And this the record trading hours |
| 710 | 00:59:34 --> 00:59:39 | settlement price will become the opening range gap low and reverse that when we |
| 711 | 00:59:39 --> 00:59:43 | have a 930 opening price that's below regular trading hours, settlement price. |
| 712 | 00:59:44 --> 00:59:48 | That means you'd have a discount gap or a lower gap opening. And that means it |
| 713 | 00:59:48 --> 00:59:53 | would be the opening range gap high. So this level always has two names. |
| 714 | 00:59:54 --> 00:59:58 | Initially, it's the regular trading hours, previous settlement price, until |
| 715 | 00:59:58 --> 01:00:02 | we get to 930 and. And then, depending upon where that 930 opening is in |
| 716 | 01:00:02 --> 01:00:07 | proximity to this level, which is the river trading hour settlement price, |
| 717 | 01:00:08 --> 01:00:12 | it's either a gap higher or a gap lower. And then you change the name of this |
| 718 | 01:00:12 --> 01:00:18 | level to opening range, gap higher low, based on the proximity of the opening |
| 719 | 01:00:18 --> 01:00:24 | price at 930 and it sounds much more complicated than what it would. It just |
| 720 | 01:00:24 --> 01:00:29 | sounded like it's easy. It's really, really easy. It's either we open higher |
| 721 | 01:00:29 --> 01:00:34 | at 930 where we settle that previous day, using river trading hours, or we |
| 722 | 01:00:34 --> 01:00:41 | open lower, okay, and then label it based on that. So we open up inside the |
| 723 | 01:00:41 --> 01:00:49 | inversion fair value gap, okay? We fail to get to the upper half. We break lower |
| 724 | 01:00:49 --> 01:00:54 | aggressively and notice it doesn't even do a return back to the first presented |
| 725 | 01:00:54 --> 01:00:58 | fair value gap. It doesn't even come back up and touch consequent |
| 726 | 01:00:58 --> 01:01:02 | encroachment. It just falls out of bed aggressively, and it doesn't even come |
| 727 | 01:01:02 --> 01:01:07 | back and touch the low of the inversion fair value gap. It just gives you the |
| 728 | 01:01:07 --> 01:01:12 | opening range gap low, which is what I gave guidance on. Once I saw that it was |
| 729 | 01:01:12 --> 01:01:17 | not giving me anything to basically get short on, I wanted to see if it was |
| 730 | 01:01:17 --> 01:01:21 | going to try to pump outside of the inversion fair value gap, because I was |
| 731 | 01:01:21 --> 01:01:24 | concerned that we were going to get a little bit of static in there first, and |
| 732 | 01:01:24 --> 01:01:32 | then come down and do the 70% likelihood of the mid gap being filled, which was |
| 733 | 01:01:32 --> 01:01:37 | here, okay, this, this white line level, this level here is mid gap, or |
| 734 | 01:01:37 --> 01:01:40 | consequent encroachment from the difference Between this candlesticks, |
| 735 | 01:01:40 --> 01:01:44 | opening price, this candlesticks closing price. I'm sorry. This candlesticks, |
| 736 | 01:01:44 --> 01:01:47 | opening price, this candlesticks closing price. I'm not sure if I said that right |
| 737 | 01:01:47 --> 01:01:51 | upper quadrant, consequent encroachment of the opening range gap. The opening |
| 738 | 01:01:51 --> 01:01:57 | range gap is between these two darker lines here. 7% of time the market will |
| 739 | 01:01:57 --> 01:02:02 | retrace back to half that gap. Well, it does that, and then just keeps on |
| 740 | 01:02:02 --> 01:02:07 | falling outside of the daily inversion fair value gap. So my attention went to, |
| 741 | 01:02:07 --> 01:02:11 | okay, well, we're not showing any importance placed on any the levels I |
| 742 | 01:02:11 --> 01:02:15 | have inside that inversion fair value gap. It's exceedingly what weak. So if |
| 743 | 01:02:15 --> 01:02:20 | it's weak, my bias is bearish. We're going to get down here real quick. So |
| 744 | 01:02:20 --> 01:02:24 | the only thing I could do is, what I did gave guidance. I said the opening range |
| 745 | 01:02:24 --> 01:02:29 | gap low is providing or lending resistance here, and that was pretty |
| 746 | 01:02:29 --> 01:02:33 | much all you get. You have a small little institutional workflow entry |
| 747 | 01:02:33 --> 01:02:40 | drill here. Then you have an inversion, fair value gap here. I'm not adding all |
| 748 | 01:02:40 --> 01:02:44 | that, because when we broke down here, this is a bearish, fair value gap, trade |
| 749 | 01:02:44 --> 01:02:49 | up into that. And that was all she wrote. Breaks aggressively lower. And as |
| 750 | 01:02:49 --> 01:02:55 | we traded down into it, you know, ticker tape parade, yay. Ran on this again, and |
| 751 | 01:02:55 --> 01:03:00 | then I went, I was done for the day with telegram and the market, we traced back |
| 752 | 01:03:00 --> 01:03:05 | up into and consolidated and then created an afternoon session run as I |
| 753 | 01:03:05 --> 01:03:12 | taught recently, and in 2024 content paid mentorship students learn this also |
| 754 | 01:03:12 --> 01:03:15 | on the day trading modules. You can all you can find all this stuff in the |
| 755 | 01:03:15 --> 01:03:20 | lectures on my YouTube channel. So at 1:30pm eastern time to two o'clock, |
| 756 | 01:03:20 --> 01:03:23 | that's your opening range for the afternoon session. Same thing we do at |
| 757 | 01:03:23 --> 01:03:26 | 930 to 10 o'clock in the morning for the opening range in the morning session. At |
| 758 | 01:03:26 --> 01:03:31 | the opening belt, 930 well, your afternoon session, you want to use this |
| 759 | 01:03:32 --> 01:03:36 | 30 minute period. Okay? I don't care all these people out here talking about 15 |
| 760 | 01:03:36 --> 01:03:41 | minute ranges and stuff. It's, it's always 30 minutes. Okay, I promise you, |
| 761 | 01:03:41 --> 01:03:46 | the algorithm is using 30 minutes of initial range. It's 930 to 10 o'clock, |
| 762 | 01:03:46 --> 01:03:50 | and then afternoon, it's 130 to two o'clock. Do not take my word for it. |
| 763 | 01:03:50 --> 01:03:53 | Start charting this away, and you'll see exactly what I'm saying. It's there |
| 764 | 01:03:53 --> 01:04:01 | every single day. So small, little gap in here, but the largest, most prominent |
| 765 | 01:04:01 --> 01:04:05 | one is here. So market trades up into that the body stay inside of it, |
| 766 | 01:04:05 --> 01:04:09 | respects it and then breaks away during the 150, to 210, macro, as you would |
| 767 | 01:04:09 --> 01:04:13 | expect, in the direction we're looking for, it trades down lower. It trades |
| 768 | 01:04:13 --> 01:04:18 | below the 20,009 43 level, which is February 3, sell side, liquidity pool |
| 769 | 01:04:18 --> 01:04:22 | daily chart. Look at that exit levels I gave you in advance before it happened. |
| 770 | 01:04:22 --> 01:04:26 | The market trades down, consolidates in here into the 250 to 310 macro using |
| 771 | 01:04:26 --> 01:04:30 | this self signed efficiency, it fails to do what work inside the upper half. |
| 772 | 01:04:30 --> 01:04:34 | That's exactly what you want to see it do. The algorithm is flagging and |
| 773 | 01:04:34 --> 01:04:40 | saying, Hey, hello, I'm about to go lower quickly. And then the market drops |
| 774 | 01:04:40 --> 01:04:45 | out during the 250 the 310 macro. One more fair value gap in here, and it |
| 775 | 01:04:45 --> 01:04:50 | dives down in and then you have market on close, which is the 350 to four |
| 776 | 01:04:50 --> 01:04:54 | o'clock, that last little flurry of activity where the markets are being |
| 777 | 01:04:54 --> 01:04:58 | driven algorithmically. And the market dries down one more time below the |
| 778 | 01:04:58 --> 01:05:04 | November 19, 2024, Low for the sell side, dives down, falls just short of |
| 779 | 01:05:04 --> 01:05:08 | that old inefficiency that I told you it would be a target on the downside on the |
| 780 | 01:05:08 --> 01:05:15 | daily chart, okay, and on Friday, I was not able to spend time with you all. I |
| 781 | 01:05:15 --> 01:05:23 | was like I said. I was in my fields and doing things in my personal time opening |
| 782 | 01:05:23 --> 01:05:28 | range gap and first percent of everybody gap in white. So the market trades down |
| 783 | 01:05:28 --> 01:05:32 | into it there, rallies up one more time, digs down into it, and then we have this |
| 784 | 01:05:32 --> 01:05:35 | little gap here. I wasn't watching at the time. Otherwise I would have bought |
| 785 | 01:05:35 --> 01:05:39 | it there. But inside here, once we traded down into that, I went long and |
| 786 | 01:05:39 --> 01:05:43 | aimed for just a simple little buy, sell, liquidity pool. They got out on |
| 787 | 01:05:43 --> 01:05:47 | this run here, and it retraced all the way back down and went lower than the |
| 788 | 01:05:47 --> 01:05:51 | first sensor fair value cap, but didn't take out the low. So it's a lower |
| 789 | 01:05:51 --> 01:05:55 | quadrant of that blue shaded area on the daily chart. So remember what this blue |
| 790 | 01:05:55 --> 01:06:00 | shaded area is. Is the very first chart I showed at this recording. Go and add |
| 791 | 01:06:00 --> 01:06:05 | your gradients on that level based on the daily chart, and you'll see where |
| 792 | 01:06:05 --> 01:06:08 | it's trading down to here. Then it rallies back up above the opening range |
| 793 | 01:06:08 --> 01:06:12 | gap down into first resent the fair value gap once more for the afternoon |
| 794 | 01:06:12 --> 01:06:18 | session, and then rallies up and trades back to February 3 old daily low at |
| 795 | 01:06:18 --> 01:06:24 | 20,009 43 so it's a really nice run, but I'll show you some executions here. Here |
| 796 | 01:06:24 --> 01:06:29 | is the and I can't obviously show you that the markets are open at the time |
| 797 | 01:06:29 --> 01:06:33 | when I made the recording here, this is market close. If you do Market Replay, |
| 798 | 01:06:33 --> 01:06:36 | you won't be able to see this. So that's why it looks like this. That's why I'm |
| 799 | 01:06:36 --> 01:06:40 | doing that. Okay, for the for the guys that keep asking, Why am I always |
| 800 | 01:06:40 --> 01:06:44 | showing this? It's the constant reminder that what I'm executing and when I'm |
| 801 | 01:06:44 --> 01:06:49 | calling this stuff live in Telegram, any execution you see me doing is not on |
| 802 | 01:06:49 --> 01:06:55 | Market Replay, it's live market executions. Okay, so I went long into |
| 803 | 01:06:55 --> 01:06:59 | this gap here, and then these relative equal highs. There's buy side there, and |
| 804 | 01:06:59 --> 01:07:03 | there you go. So I'm highlighting there, so you can see the actual little carrot |
| 805 | 01:07:04 --> 01:07:08 | entry right there at the top of that gap. That was my entry. And then the |
| 806 | 01:07:08 --> 01:07:14 | price level, you can see a 20,006 85.25 that is right in this proximity, which |
| 807 | 01:07:14 --> 01:07:17 | is right above here, is what I was aiming for, and that's what that exit |
| 808 | 01:07:17 --> 01:07:24 | is. So it was a quick little, you know, grocery getter. Type setup, simple, |
| 809 | 01:07:24 --> 01:07:29 | easy, and then after it takes my target that I gave you on the daily chart, then |
| 810 | 01:07:29 --> 01:07:34 | I can start working towards doing reversal patterns with a greater degree |
| 811 | 01:07:34 --> 01:07:35 | of confidence. I |
| 812 | 01:07:44 --> 01:07:47 | That's it for this one, folks, I hope you found insightful. I appreciate your |
| 813 | 01:07:47 --> 01:07:50 | patience and not getting on me about not delivering on the Thursday and the |
| 814 | 01:07:50 --> 01:07:55 | Friday, so until I talk to you on Monday, Lord willing, enjoy your |
| 815 | 01:07:55 --> 01:07:56 | weekend. Be safe. You. |