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2 |1 |00:00:34 ~-~-> 00:00:38 |ICT: Welcome back, folks. All right, so I apologize on my tardiness. I was
3 |2 |00:00:38 ~-~-> 00:00:45 |supposed to do this on Friday, and I was supposed to do a review on Thursday as
4 |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
5 |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
6 |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
7 |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
8 |7 |00:01:07 ~-~-> 00:01:13 |the weekly summary, February 28 2025 now obvious, it's Saturday here. It's March
9 |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
10 |9 |00:01:19 ~-~-> 00:01:25 |analysis I gave real time in the telegram channel. It's really important
11 |10 |00:01:25 ~-~-> 00:01:30 |before I continue, that you go back and look at the content that I shared over
12 |11 |00:01:30 ~-~-> 00:01:38 |the last couple of weeks. We talked a lot about how enqueue Nasdaq futures was
13 |12 |00:01:38 ~-~-> 00:01:42 |in a very large holding pattern on the daily chart. And I'll revisit those
14 |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
15 |14 |00:01:48 ~-~-> 00:01:52 |made in the telegram channel. I want you to also take a look at the guidance that
16 |15 |00:01:52 ~-~-> 00:01:57 |I gave in your YouTube video commentaries, the very specific price
17 |16 |00:01:57 ~-~-> 00:02:02 |levels, the things that I was expecting to see, what I wanted to see, and then
18 |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
19 |18 |00:02:10 ~-~-> 00:02:15 |at the daily chart for NASDAQ. Now, if you've been following me for a while,
20 |19 |00:02:16 ~-~-> 00:02:19 |especially this year, you know that there was two levels I was referring to
21 |20 |00:02:19 ~-~-> 00:02:25 |on the daily chart for NASDAQ, those being the relative equal highs here,
22 |21 |00:02:25 ~-~-> 00:02:30 |which would naturally have buy side resting above it, and then this low down
23 |22 |00:02:30 ~-~-> 00:02:35 |here. Now these independent lows here also mentioned them in the mentioned
24 |23 |00:02:35 ~-~-> 00:02:41 |them individually. So they were targets as we were cascading lower. Each one of
25 |24 |00:02:41 ~-~-> 00:02:48 |these were significant levels to aim for, but my focus was and I took your
26 |25 |00:02:48 ~-~-> 00:02:53 |attention to this one here, and then trade down into this inefficiency. Don't
27 |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
28 |27 |00:02:58 ~-~-> 00:03:03 |usually a characteristic for someone that's impatient, that is overzealous,
29 |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
30 |29 |00:03:07 ~-~-> 00:03:12 |there's a lot of things that you gloss over, and they're important things that
31 |30 |00:03:12 ~-~-> 00:03:16 |have a great deal of impact in your understanding, and your learning curve
32 |31 |00:03:16 ~-~-> 00:03:21 |is shortened if you pay attention to the details, if you're watching The videos
33 |32 |00:03:21 ~-~-> 00:03:24 |and the lectures and you're not taking notes, if you're not writing down the
34 |33 |00:03:24 ~-~-> 00:03:29 |very things I'm referring to, you're going to miss a lot of salient points
35 |34 |00:03:29 ~-~-> 00:03:33 |that are going to be helpful and beneficial to you as a student. But I
36 |35 |00:03:33 ~-~-> 00:03:39 |stated that until we got outside of these highs or below these lows, the
37 |36 |00:03:39 ~-~-> 00:03:44 |market was going to be held in a holding pattern, if you will. So it makes it
38 |37 |00:03:44 ~-~-> 00:03:50 |difficult, but when the market does, in fact, go after one of these first, be it
39 |38 |00:03:50 ~-~-> 00:03:54 |buy side or sell side, then the market would loosen up, and you'd start to see
40 |39 |00:03:54 ~-~-> 00:04:02 |a lot more volatility. This gap in here, I used two of my PD arrays
41 |40 |00:04:02 ~-~-> 00:04:05 |characteristics and blended them together, that being the volume of
42 |41 |00:04:05 ~-~-> 00:04:13 |balance and the actual gap. Okay, so we watched this in here, and I had a
43 |42 |00:04:14 ~-~-> 00:04:19 |interest in seeing it go higher. Don't take my word for that. Go back and look
44 |43 |00:04:19 ~-~-> 00:04:24 |at everything I'm saying now, what I'm talking about is the bias on the daily
45 |44 |00:04:24 ~-~-> 00:04:32 |chart, meaning that we would go up first to take the buy side out here, then the
46 |45 |00:04:32 ~-~-> 00:04:40 |sell side. As you can see, the market does, in fact, trade after using this
47 |46 |00:04:40 ~-~-> 00:04:46 |gap or volume imbalance hybrid, if you will. It uses it as support here and
48 |47 |00:04:46 ~-~-> 00:04:50 |sends it above the clear the buy side, above these relative equal highs. And
49 |48 |00:04:50 ~-~-> 00:04:57 |then the remaining portion of this area here is completely rebalanced because we
50 |49 |00:04:57 ~-~-> 00:05:02 |traded up into it here, marking over. Top of this single down, closed candle.
51 |50 |00:05:03 ~-~-> 00:05:09 |From that candlesticks low, you can see we repriced back to it. We spent some
52 |51 |00:05:09 ~-~-> 00:05:14 |time back and forth and then left it. That means that all of this now is a
53 |52 |00:05:14 ~-~-> 00:05:19 |balanced price range after taking liquidity. What's kind of liquidity buy
54 |53 |00:05:19 ~-~-> 00:05:25 |side? So now, because it took this side first, it's reasonable to expect it to
55 |54 |00:05:25 ~-~-> 00:05:30 |start working towards the lows, here, here, here, finally, here, and down into
56 |55 |00:05:30 ~-~-> 00:05:36 |this inefficiency. Okay, so again, don't just listen to this and say, Well, yeah,
57 |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
58 |57 |00:05:40 ~-~-> 00:05:45 |how I was calling the macro perspective, which is the weekly and daily. Now,
59 |58 |00:05:45 ~-~-> 00:05:49 |while we didn't look at a weekly chart, the daily is a macro perspective. That
60 |59 |00:05:49 ~-~-> 00:05:55 |means it's a bigger time frame. It's a whole lot more weight attributed to very
61 |60 |00:05:55 ~-~-> 00:05:59 |specific PD arrays. And I'll, I'll go over them in this lecture here as well.
62 |61 |00:06:01 ~-~-> 00:06:07 |So we use this gap, volume imbalance, pseudo PD array blending both the
63 |62 |00:06:07 ~-~-> 00:06:12 |characteristics. And it was something I simply wanted to do that sometimes I'll
64 |63 |00:06:12 ~-~-> 00:06:17 |do it if I have something like this where this candlestick doesn't have a
65 |64 |00:06:17 ~-~-> 00:06:22 |wick to touch this previous candlesticks wick, and obviously the bodies are not
66 |65 |00:06:22 ~-~-> 00:06:27 |touching. Okay, there's an absence of the wick that would touch here would
67 |66 |00:06:27 ~-~-> 00:06:33 |make it a clear cut ICT volume imbalance. But because it's not doing
68 |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
69 |68 |00:06:39 ~-~-> 00:06:47 |this gap area here. Okay, once we treat it down below it, we can grade that,
70 |69 |00:06:47 ~-~-> 00:06:51 |meaning that we're going to put a Fibonacci over top of it, draw from the
71 |70 |00:06:52 ~-~-> 00:06:58 |candlesticks close down to the open of the previous candlestick. Okay, so we're
72 |71 |00:06:58 ~-~-> 00:07:05 |using gap theory there and all of these levels here, you can see how we went
73 |72 |00:07:05 ~-~-> 00:07:10 |down below the gap on this candlestick, and then we opened here on Monday of the
74 |73 |00:07:10 ~-~-> 00:07:14 |week. We just closed in trading. So Monday we opened up here, we traded up
75 |74 |00:07:14 ~-~-> 00:07:20 |into lower quadrant of this inefficiency. So trading here, it
76 |75 |00:07:20 ~-~-> 00:07:24 |doesn't even find its ability to get up into the consequent encroachment of that
77 |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
78 |77 |00:07:30 ~-~-> 00:07:37 |as I taught in 2024 mentorship on the YouTube channel, when my PD arrays fail,
79 |78 |00:07:37 ~-~-> 00:07:43 |that shows a significance in directional bias when a PD array fails to get to its
80 |79 |00:07:43 ~-~-> 00:07:48 |consequent encroachment, if it's a gap, or if it fails to get to its mean
81 |80 |00:07:48 ~-~-> 00:07:55 |threshold, an order block, if it fails to do that, whatever direction it's
82 |81 |00:07:55 ~-~-> 00:08:01 |moving in, it's signaling, if you Will, in excessiveness in terms of bullishness
83 |82 |00:08:01 ~-~-> 00:08:06 |or bearishness. So since we've taken the buy side here first, and we start to
84 |83 |00:08:06 ~-~-> 00:08:12 |trade lower, our focus is on these lows, here, here, here, here and down, as much
85 |84 |00:08:12 ~-~-> 00:08:18 |as this inefficiency here. And again, the folks there are not students for the
86 |85 |00:08:18 ~-~-> 00:08:22 |folks that just casually watch, or if it's the first time you're watching it,
87 |86 |00:08:23 ~-~-> 00:08:26 |when you see a video like this, and you look into the date, you look at your
88 |87 |00:08:26 ~-~-> 00:08:29 |your chart, and you say, when this guy's explaining something after the fact,
89 |88 |00:08:29 ~-~-> 00:08:33 |it's hindsight. Anybody can do that, which is why I started the video off
90 |89 |00:08:33 ~-~-> 00:08:36 |with, go back and look at the telegram channel. I call that stuff live. It's
91 |90 |00:08:36 ~-~-> 00:08:41 |time, date stamped. You can see it. I never delete anything. Okay, there's
92 |91 |00:08:41 ~-~-> 00:08:46 |nothing ever, ever, ever deleted or edited, ever in my telegram or on my
93 |92 |00:08:46 ~-~-> 00:08:52 |Twitter slash x account. I have never deleted anything. So what I say either
94 |93 |00:08:52 ~-~-> 00:08:57 |works or it doesn't okay. So on Monday, we open trade up into the lower quadrant
95 |94 |00:08:57 ~-~-> 00:09:03 |of that gap and then breaks lower and tax that low here. Next day, on Tuesday,
96 |95 |00:09:03 ~-~-> 00:09:09 |we open small, little rally higher, and then we drop lower again. Next day we
97 |96 |00:09:09 ~-~-> 00:09:14 |open we have a mixed day. So this is an inside day whenever there's a bias
98 |97 |00:09:14 ~-~-> 00:09:18 |that's strong, one sided. In other words, if it's bullish or in this case,
99 |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
100 |99 |00:09:23 ~-~-> 00:09:28 |low to be drawn to, when the market breaks down like that then creates a
101 |100 |00:09:28 ~-~-> 00:09:33 |small Inside Day, where the day's high is lower than the previous day's high
102 |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
103 |102 |00:09:39 ~-~-> 00:09:44 |Inside Day, because this candlesticks range is inside the previous day's
104 |103 |00:09:44 ~-~-> 00:09:50 |maximum daily range. So in other words, the day that doesn't break previous days
105 |104 |00:09:50 ~-~-> 00:09:57 |high and or previous days low is an Inside Day. They are like a a spring
106 |105 |00:09:58 ~-~-> 00:10:03 |being twisted and compressed. Even tighter. And eventually, when it's let
107 |106 |00:10:03 ~-~-> 00:10:07 |go, you have a lot of energy that's released, and it goes, usually in the
108 |107 |00:10:07 ~-~-> 00:10:12 |direction of the bias, which is the drawn liquidity, these lows, that low,
109 |108 |00:10:12 ~-~-> 00:10:16 |and this inefficiency, as I guided this from the daily chart over the last
110 |109 |00:10:16 ~-~-> 00:10:23 |couple weeks. So the very next day, on Thursday, we open, we trade higher. And
111 |110 |00:10:23 ~-~-> 00:10:26 |I'll explain why. Because a lot of my students, some of you are YouTubers,
112 |111 |00:10:26 ~-~-> 00:10:32 |wanted me to go over why this was troubling for you know, finding shorts,
113 |112 |00:10:33 ~-~-> 00:10:37 |the open, trading up into the high that fails to make even a tap back into the
114 |113 |00:10:37 ~-~-> 00:10:43 |previous day's high. It drops aggressively the largest range of the
115 |114 |00:10:43 ~-~-> 00:10:47 |week, and then trades through our target here. And the very next day, on Friday,
116 |115 |00:10:48 ~-~-> 00:10:53 |we open trade down, trade into inefficiency here, and then look at
117 |116 |00:10:53 ~-~-> 00:11:00 |this. Monsters return back up in to the range on Thursday. See that? So I want
118 |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
119 |118 |00:11:04 ~-~-> 00:11:10 |taught and mentioned many times that, you know, that's my little handy dandy
120 |119 |00:11:10 ~-~-> 00:11:15 |notepad, okay? And I'm always asked many times what, what information do I keep
121 |120 |00:11:15 ~-~-> 00:11:18 |on my notepad? And you know, what am I keeping track of? What am I writing
122 |121 |00:11:18 ~-~-> 00:11:24 |down? It's basically very specific price levels, like this gap down in here, this
123 |122 |00:11:24 ~-~-> 00:11:28 |gap, I have annotated the high of it and the low of it, and then the consequent
124 |123 |00:11:28 ~-~-> 00:11:33 |encroachment of it. So I want to have those levels noted inside of my notes,
125 |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,
126 |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
127 |126 |00:11:41 ~-~-> 00:11:47 |chart, it's very distracting the way I teach, because you're learning how to
128 |127 |00:11:47 ~-~-> 00:11:50 |use this information in the language I created for reading price action.
129 |128 |00:11:50 ~-~-> 00:11:55 |Algorithmically, it's beneficial for you to have your charts dressed this way,
130 |129 |00:11:55 ~-~-> 00:12:01 |because you won't be able to respect or build an affinity for their importance
131 |130 |00:12:01 ~-~-> 00:12:06 |without having them noted in advance so that we can watch them real time, study
132 |131 |00:12:06 ~-~-> 00:12:10 |them real time, without taking a trade, without even trying to demonstrate it.
133 |132 |00:12:10 ~-~-> 00:12:13 |It's very important that you do that type of thing, especially when back
134 |133 |00:12:13 ~-~-> 00:12:17 |testing. So when you back testing and you're you're capturing things for like
135 |134 |00:12:17 ~-~-> 00:12:22 |journaling, which is all of what I'm showing you here. This is basically, I
136 |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
137 |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
138 |137 |00:12:32 ~-~-> 00:12:37 |go back in time, you know, 33 years, you know, before we were talking today, and
139 |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
140 |139 |00:12:43 ~-~-> 00:12:47 |technician, as a student, I clearly would be doing it as I'm showing you
141 |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
142 |141 |00:12:52 ~-~-> 00:12:56 |collect them. I don't do those types of things. I just simply hand draw in my
143 |142 |00:12:56 ~-~-> 00:13:00 |journal. You the very things I'm showing you here, because I can, I can see it
144 |143 |00:13:00 ~-~-> 00:13:05 |because I'm usually watching a handful of markets. So if I'm drawing it out, I
145 |144 |00:13:05 ~-~-> 00:13:09 |know what I'm referring to. And if I had to go back through charts historically,
146 |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
147 |146 |00:13:17 ~-~-> 00:13:24 |grading of that gap that was there that low, that low, that low, that low, that
148 |147 |00:13:24 ~-~-> 00:13:29 |low, and this gap in the individual three levels. So it's not a zone. I'm
149 |148 |00:13:29 ~-~-> 00:13:34 |not trading supply and demand zones, the high of that which is the candlesticks
150 |149 |00:13:34 ~-~-> 00:13:37 |low, and the low of the gap, which is this candle sticks high, and then
151 |150 |00:13:37 ~-~-> 00:13:42 |consequent encroachment, which would be just simply the midpoint. Okay, so those
152 |151 |00:13:42 ~-~-> 00:13:47 |are the levels that I had written down on my notepad. Every single day, I'm
153 |152 |00:13:47 ~-~-> 00:13:51 |looking for new information that's derived from this daily time frame. So
154 |153 |00:13:51 ~-~-> 00:13:56 |as the weekly range starts here, I'm watching all of this price action in
155 |154 |00:13:56 ~-~-> 00:14:02 |here. All of this is back and forth price action. So this is all like a
156 |155 |00:14:02 ~-~-> 00:14:07 |holding pattern. So from this buy side liquidity and this low, the market's
157 |156 |00:14:07 ~-~-> 00:14:12 |being held, okay? So the information isn't going to be as pure as it would be
158 |157 |00:14:12 ~-~-> 00:14:17 |in a market that's a lot more fluid, meaning that think of this as chaff,
159 |158 |00:14:18 ~-~-> 00:14:24 |okay? Or confusion or smoke screen. So if you had the ability or technology on
160 |159 |00:14:24 ~-~-> 00:14:30 |this day here to look through all this like with an X ray perspective, if you
161 |160 |00:14:30 ~-~-> 00:14:40 |will, what would you see beyond the veil of this candlestick here? Yes, I I
162 |161 |00:14:44 ~-~-> 00:14:51 |notice this immediate rebalance occurs inside of the close proximity of this
163 |162 |00:14:51 ~-~-> 00:14:59 |gap. Here we open on Wednesday. Here we trade up, we touch the previous Monday.
164 |163 |00:15:01 ~-~-> 00:15:05 |Low. So when it does that, that's an immediate rebalance. We'll see that in
165 |164 |00:15:05 ~-~-> 00:15:10 |the lower time frame. I'm watching these things occur as they form, but I'm
166 |165 |00:15:10 ~-~-> 00:15:16 |monitoring this level here, because it's outside of this to the left of all of
167 |166 |00:15:16 ~-~-> 00:15:21 |this back and forth holding pattern, okay, so what this all represents is
168 |167 |00:15:21 ~-~-> 00:15:26 |time distortion. If we were to take all the candlesticks from this candlestick
169 |168 |00:15:26 ~-~-> 00:15:32 |here, all these candlesticks all together up to here, and just comprise
170 |169 |00:15:32 ~-~-> 00:15:37 |all that data, and to just say three candles, and then from this candlestick
171 |170 |00:15:37 ~-~-> 00:15:41 |here to this candlestick here, and we took all that range there and comprise
172 |171 |00:15:41 ~-~-> 00:15:49 |it inside of three candles alone, this would look extremely fluid, but it
173 |172 |00:15:49 ~-~-> 00:15:53 |wasn't like that, was it. It was very, very troublesome. Working inside these
174 |173 |00:15:53 ~-~-> 00:15:57 |ranges. There's a lot of give and take back and forth, and a lot of basically,
175 |174 |00:15:58 ~-~-> 00:16:02 |consolidation, choppiness, and then one or two moves that occurred, and that was
176 |175 |00:16:02 ~-~-> 00:16:05 |it. And if you weren't part of them, you weren't really participating in the
177 |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,
178 |177 |00:16:10 ~-~-> 00:16:16 |and my intention is right there. This gap is energetic away from the
179 |178 |00:16:17 ~-~-> 00:16:21 |retracement went down here, this low that created the sell side liquidity
180 |179 |00:16:21 ~-~-> 00:16:28 |pool that we were aiming for this run here. This is like a breakaway gap. It
181 |180 |00:16:28 ~-~-> 00:16:32 |never came back down in until later over here, but that was after it made the
182 |181 |00:16:32 ~-~-> 00:16:37 |high on the daily chart. So that's all time high. So this gap is very, very
183 |182 |00:16:37 ~-~-> 00:16:41 |important to me because of those very things. And if you missed it, rewind it
184 |183 |00:16:41 ~-~-> 00:16:48 |and listen to me again. So I have a lot of focus in this general proximity. When
185 |184 |00:16:48 ~-~-> 00:16:52 |we're dropping down, I am anticipating PD arrays the form, because it's going
186 |185 |00:16:52 ~-~-> 00:16:58 |to be using this old range. So now we have the volume imbalance here at the
187 |186 |00:16:58 ~-~-> 00:17:02 |low of the gap, and then this candlesticks low, which is the high of
188 |187 |00:17:02 ~-~-> 00:17:06 |the gap, extending it through all of the time. Distortion of these candlesticks
189 |188 |00:17:06 ~-~-> 00:17:10 |back and forth, back and forth. I'm not paying attention to any of that. I'm
190 |189 |00:17:10 ~-~-> 00:17:15 |looking back where the algorithm made it very clear, left a very clear calling
191 |190 |00:17:15 ~-~-> 00:17:19 |card that this is what it's going to refer to. Once the market rotates and
192 |191 |00:17:19 ~-~-> 00:17:24 |goes lower. So the market goes lower here, and then we have two candlesticks
193 |192 |00:17:24 ~-~-> 00:17:30 |in here where we can look for shorts inside of this gap. Now, when it had,
194 |193 |00:17:30 ~-~-> 00:17:34 |when it formed, notice it was a buy side and balance cell sign in efficiency,
195 |194 |00:17:35 ~-~-> 00:17:39 |meaning that it's a fair value gap with a volume imbalance, but it was an up
196 |195 |00:17:39 ~-~-> 00:17:43 |close candle, so that's a buy side imbalance, sell side and efficiency, B,
197 |196 |00:17:43 ~-~-> 00:17:50 |i, s, I busy. When the market's delivering sell side reaching for sell
198 |197 |00:17:50 ~-~-> 00:17:55 |side liquidity, we're going to be looking for a overlapping of that same
199 |198 |00:17:55 ~-~-> 00:18:02 |range, but with down candles. And we get here. So now we're inside the
200 |199 |00:18:02 ~-~-> 00:18:08 |candlestick open here. We trade up to the high of that gap. Isn't that
201 |200 |00:18:08 ~-~-> 00:18:13 |beautiful? See how that works, and it's also my immediate rebalance. The next
202 |201 |00:18:13 ~-~-> 00:18:19 |candlestick on Thursday, we open, we trade up. We don't touch the high on the
203 |202 |00:18:19 ~-~-> 00:18:24 |previous day, we can't get to the high of the inefficiency over here. And then
204 |203 |00:18:24 ~-~-> 00:18:28 |we roll over and we start working towards running out the low, the low,
205 |204 |00:18:28 ~-~-> 00:18:33 |the low below here on the 19th of November. And then we had the
206 |205 |00:18:33 ~-~-> 00:18:37 |inefficiency I aimed for, and gave you guidance before it happened. So all
207 |206 |00:18:37 ~-~-> 00:18:44 |these levels here are also on my notepad. Now, why don't I share these
208 |207 |00:18:44 ~-~-> 00:18:49 |things? Why don't I give them to you? Because they're personal. I promise you,
209 |208 |00:18:49 ~-~-> 00:18:53 |there's nothing secret about it. There's nothing secret to it. It's just these
210 |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
211 |210 |00:18:57 ~-~-> 00:19:01 |range, the opening range gap. I'm looking for new week and new day,
212 |211 |00:19:01 ~-~-> 00:19:06 |opening gaps to come in agreement with the same levels in terms of where I
213 |212 |00:19:06 ~-~-> 00:19:11 |believe the markets being drawn to. So I already get a million questions sent to
214 |213 |00:19:11 ~-~-> 00:19:14 |me by way of my comment section, my YouTube channel, so many questions sent
215 |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
216 |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
217 |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
218 |217 |00:19:30 ~-~-> 00:19:36 |at actively each week, the ones that are salient I share with you on the telegram
219 |218 |00:19:36 ~-~-> 00:19:42 |channel, those are the ones I'm watching that are are pertinent to what I think
220 |219 |00:19:42 ~-~-> 00:19:45 |is useful for that day, and for the most part, you'll see that they're being
221 |220 |00:19:45 ~-~-> 00:19:46 |utilized.
222 |221 |00:19:49 ~-~-> 00:19:53 |If I provide you more reasons to ask me more questions, all that's going to do
223 |222 |00:19:53 ~-~-> 00:19:59 |is create even more disenchantment for the folks that feel entitled that I
224 |223 |00:19:59 ~-~-> 00:20:03 |asked you something. And I demand an answer, and my response to those that
225 |224 |00:20:03 ~-~-> 00:20:07 |might think that or feel that way, I haven't responded to you or given you a
226 |225 |00:20:07 ~-~-> 00:20:11 |direct answer. It's because I know if you spend time with me, and none of this
227 |226 |00:20:11 ~-~-> 00:20:14 |is costing you any money, okay, and I promise you, no one else called these
228 |227 |00:20:14 ~-~-> 00:20:20 |moves like I did, and it's not bragging. I'm just being honest. No one else
229 |228 |00:20:20 ~-~-> 00:20:28 |outlined it like this. This is literally 1000 plus handles 2000 almost. So I
230 |229 |00:20:28 ~-~-> 00:20:33 |mean, think about it up and then down. And these are not little small, little
231 |230 |00:20:33 ~-~-> 00:20:38 |moves. They're rather large. So I'm not obligated to give you everything at your
232 |231 |00:20:38 ~-~-> 00:20:43 |whim and request, but I do feel confident, like I've always taught in
233 |232 |00:20:43 ~-~-> 00:20:48 |the past. If you hang out with me and you take good notes, 99% of the
234 |233 |00:20:48 ~-~-> 00:20:53 |questions you have that arise up in your mind while watching me, they will be
235 |234 |00:20:53 ~-~-> 00:20:57 |answered either because I'm going to read you revisit ideas that you probably
236 |235 |00:20:57 ~-~-> 00:21:02 |didn't take notes on in the 2024 content, or you just simply aren't
237 |236 |00:21:03 ~-~-> 00:21:06 |paying attention in the times I'm talking about. Because sometimes I have
238 |237 |00:21:06 ~-~-> 00:21:09 |videos that go a little bit past the, you know, five minute threshold. I'm
239 |238 |00:21:09 ~-~-> 00:21:15 |confident that if you give it time and you hang out and you watch, okay, if you
240 |239 |00:21:15 ~-~-> 00:21:20 |were paying for this, you'd be, you know, you'd be more interested, I think.
241 |240 |00:21:20 ~-~-> 00:21:23 |But because it's free, you're just thinking, well, I'll wait until he gets
242 |241 |00:21:23 ~-~-> 00:21:28 |my attention with something. And if I haven't got your attention thus far, I'm
243 |242 |00:21:28 ~-~-> 00:21:31 |probably not somebody that you need to be looking at. Go look at somebody else.
244 |243 |00:21:32 ~-~-> 00:21:36 |Because what we're doing here is the doing, the aspect of actually following
245 |244 |00:21:36 ~-~-> 00:21:40 |what was actually taught on the YouTube channel. I'm not lecturing and teaching
246 |245 |00:21:40 ~-~-> 00:21:43 |something new. I'm just showing you me using what I've already taught on the
247 |246 |00:21:43 ~-~-> 00:21:52 |YouTube channel. So if you give yourself the patience, or develop the patience
248 |247 |00:21:52 ~-~-> 00:21:57 |that show up every day and take good notes, I promise you majority of the
249 |248 |00:21:57 ~-~-> 00:22:00 |things you're looking for in terms of getting an answer or a response, a
250 |249 |00:22:00 ~-~-> 00:22:05 |shortcut right to what you think gives you a better understanding. I'm not a
251 |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.
252 |251 |00:22:09 ~-~-> 00:22:13 |You're going to learn because your hands are involved in it. You're going to be
253 |252 |00:22:13 ~-~-> 00:22:16 |handling the price action each day. You're going to be watching what I'm
254 |253 |00:22:16 ~-~-> 00:22:20 |looking at, and over time, you're going to see these things tend to repeat, and
255 |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
256 |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
257 |256 |00:22:28 ~-~-> 00:22:34 |paid mentorship, I never gave them what was on my notepad. And it's not me
258 |257 |00:22:34 ~-~-> 00:22:38 |holding something back that makes it easier for them. It's just these are the
259 |258 |00:22:38 ~-~-> 00:22:43 |things that they should have looked for because of what I taught. So because
260 |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
261 |260 |00:22:47 ~-~-> 00:22:51 |it. That's also the number one reason why I give guidance on setups on one
262 |261 |00:22:51 ~-~-> 00:22:55 |minute charts, because the time that it takes for the person that was in there
263 |262 |00:22:55 ~-~-> 00:22:59 |trying to copy or parrot me, they have to see that, and then they have to
264 |263 |00:22:59 ~-~-> 00:23:02 |figure out what I'm showing in that chart, and by the time they figure it
265 |264 |00:23:02 ~-~-> 00:23:06 |out, the market's already moving and they can't communicate that effectively
266 |265 |00:23:06 ~-~-> 00:23:10 |to the people that they're trying to do signals for. So that's the rhyme and
267 |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
268 |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
269 |268 |00:23:18 ~-~-> 00:23:23 |because I get abused a lot from other people that simply ride my coattails and
270 |269 |00:23:23 ~-~-> 00:23:27 |they want that, and that's why they've always wanted me to do live sessions
271 |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
272 |271 |00:23:33 ~-~-> 00:23:41 |undeniable now, okay, but it irks me. It gets under my skin when I see people
273 |272 |00:23:41 ~-~-> 00:23:46 |that have no talent, no class, no couth, and they'll pretend, in their own
274 |273 |00:23:46 ~-~-> 00:23:50 |country, where the people that they're talking to and pretending that they
275 |274 |00:23:50 ~-~-> 00:23:57 |figured this out themselves, they have no idea who I am, and that's not me
276 |275 |00:23:57 ~-~-> 00:24:02 |trying to be more of a celebrity or something like that, it gets into my
277 |276 |00:24:02 ~-~-> 00:24:09 |skin. So to eliminate that taking up space, am I thinking? Am I concerned
278 |277 |00:24:09 ~-~-> 00:24:13 |while the markets are moving? I do what makes me comfortable? And again, that
279 |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
280 |279 |00:24:19 ~-~-> 00:24:22 |who have learned properly, there's a few of them out there. They don't know
281 |280 |00:24:22 ~-~-> 00:24:25 |everything, but there's a few of them that actually have made models based on
282 |281 |00:24:25 ~-~-> 00:24:30 |the things I taught, and they teach other people doing what they have done.
283 |282 |00:24:30 ~-~-> 00:24:34 |I have no problem with that, because they give me credit. They know that they
284 |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
285 |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
286 |285 |00:24:44 ~-~-> 00:24:48 |put them on native language and then try to get ad revenue or sell them as
287 |286 |00:24:48 ~-~-> 00:24:52 |courses you didn't deserve that you didn't do the work for it and or the
288 |287 |00:24:52 ~-~-> 00:24:56 |ones that pretend that they found it themselves, or they use my language and
289 |288 |00:24:56 ~-~-> 00:25:01 |my vocabulary and concepts you. And they claim it's white cough, or they claim
290 |289 |00:25:01 ~-~-> 00:25:05 |it's Elliott Wave, or they claim it's something else. Those are the peoples I
291 |290 |00:25:05 ~-~-> 00:25:09 |take. Those individuals is what I take odds with. So it's just, I'm not losing
292 |291 |00:25:09 ~-~-> 00:25:14 |any sleep over mind you, but I'm answering a lot of questions right now.
293 |292 |00:25:14 ~-~-> 00:25:17 |They may not be the questions that you have asked for, but I get a lot of
294 |293 |00:25:17 ~-~-> 00:25:23 |questions, and then I'm responding to them in a blanket response here. So as I
295 |294 |00:25:23 ~-~-> 00:25:30 |said, the things that I'm watching outside of the daily ranges. That we're
296 |295 |00:25:30 ~-~-> 00:25:36 |watching form intraday are found from the daily chart. Okay, so I'm watching
297 |296 |00:25:36 ~-~-> 00:25:42 |how these price fluctuations move, and they gravitate and gyrate in between
298 |297 |00:25:42 ~-~-> 00:25:45 |where I think it starts the move, and where I believe it's going, or the
299 |298 |00:25:45 ~-~-> 00:25:51 |terminus, or to draw on liquidity. And as new days, develop new PD arrays on
300 |299 |00:25:51 ~-~-> 00:25:55 |the daily chart, I'm constantly referring to those ideas, and I'm adding
301 |300 |00:25:55 ~-~-> 00:25:59 |them to my notepad. That's what you're here. Okay, these are, this is simply
302 |301 |00:25:59 ~-~-> 00:26:07 |just a little yellow notepad and an ink pen and me scribbling down levels from
303 |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
304 |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
305 |304 |00:26:20 ~-~-> 00:26:25 |I've always remained organized. It is not the best way. Okay, the best way for
306 |305 |00:26:25 ~-~-> 00:26:28 |you as a student learning for me, is simply dress your chart like I'm showing
307 |306 |00:26:28 ~-~-> 00:26:33 |you here. Okay, I'm just not accustomed to doing it this way, but I do it
308 |307 |00:26:33 ~-~-> 00:26:38 |because there's no other way for me to communicate it to you. So because you're
309 |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
310 |309 |00:26:41 ~-~-> 00:26:47 |to try to do it with this method of only having it written down your notepad. I
311 |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
312 |311 |00:26:51 ~-~-> 00:26:55 |problematic when you're constantly looking away from the chart and looking
313 |312 |00:26:55 ~-~-> 00:26:59 |at notepad annotations, and because it's not the best way of doing it. And I'm
314 |313 |00:26:59 ~-~-> 00:27:03 |making sure you understand I'm saying this. My methodology of having it on a
315 |314 |00:27:03 ~-~-> 00:27:09 |notepad is not the best. It's not the optimal level of organization, but it
316 |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.
317 |316 |00:27:14 ~-~-> 00:27:18 |Okay, I had to have this information next to me while I was driving a truck.
318 |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
319 |318 |00:27:21 ~-~-> 00:27:27 |informed. I would look at where price was in respect to this information, you
320 |319 |00:27:27 ~-~-> 00:27:32 |have the advantage of having it on your chart, watching it and keeping it very
321 |320 |00:27:32 ~-~-> 00:27:35 |organized and journaling it as it's being added to your chart. So when
322 |321 |00:27:35 ~-~-> 00:27:38 |you're journaling, or when you're back testing, or you're looking through old
323 |322 |00:27:38 ~-~-> 00:27:43 |data, collecting the information like this, and keeping reference to it, and
324 |323 |00:27:43 ~-~-> 00:27:47 |in all these little empty spaces over here, as you as you do the screenshots,
325 |324 |00:27:48 ~-~-> 00:27:51 |you should write down your annotations, what you feel is pertinent, what is
326 |325 |00:27:51 ~-~-> 00:27:57 |salient to you, what is important, observations that you've noted in price
327 |326 |00:27:57 ~-~-> 00:28:02 |action, or what you're expecting. And those are the things that majority of
328 |327 |00:28:02 ~-~-> 00:28:08 |students, not just in my fold, but in everyone else's when they're learning
329 |328 |00:28:08 ~-~-> 00:28:15 |how to trade, that's one aspect of development that is not used or utilized
330 |329 |00:28:15 ~-~-> 00:28:19 |enough for the student. That means back testing and journaling, because if you
331 |330 |00:28:19 ~-~-> 00:28:22 |don't keep a record of your observations. You're going to forget it
332 |331 |00:28:23 ~-~-> 00:28:30 |if you don't celebrate the the recognition of seeing something as it as
333 |332 |00:28:30 ~-~-> 00:28:35 |it forms live and you expect to get to do a certain thing or behave a certain
334 |333 |00:28:35 ~-~-> 00:28:38 |way, and it does it. You need to celebrate those moments. Okay? You have
335 |334 |00:28:38 ~-~-> 00:28:45 |to immortalize them, and the only way you can do that that makes sense is to
336 |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
337 |336 |00:28:50 ~-~-> 00:28:56 |forget about it easily. And that's unfortunate, because there's lots of
338 |337 |00:28:56 ~-~-> 00:28:59 |you. I'm sure, if you would have been more organized in the beginning, you'd
339 |338 |00:29:00 ~-~-> 00:29:04 |probably be better off now as a trader, and you probably would have been better
340 |339 |00:29:05 ~-~-> 00:29:09 |at getting to where you feel comfortable taking trades more consistently and not
341 |340 |00:29:09 ~-~-> 00:29:16 |worrying about being wrong or losing, if you had been organized and by having a
342 |341 |00:29:17 ~-~-> 00:29:22 |great deal of record keeping, With journaling and back testing moves that
343 |342 |00:29:22 ~-~-> 00:29:26 |have already happened when you buy a book. Okay, when you buy a book about
344 |343 |00:29:26 ~-~-> 00:29:30 |technical trading and trade setups, you're not watching that real time.
345 |344 |00:29:31 ~-~-> 00:29:35 |But if you like that author, if you like that methodology that they're teaching
346 |345 |00:29:35 ~-~-> 00:29:39 |or promoting, you look past that. Isn't it interesting? You look past the fact
347 |346 |00:29:39 ~-~-> 00:29:44 |that it's all hindsight, because you see value in the fact that you're going to
348 |347 |00:29:44 ~-~-> 00:29:48 |look for what they believe is the most important points to put into a book.
349 |348 |00:29:49 ~-~-> 00:29:54 |Well, I'm writing volumes. Okay? I'm writing an encyclopedia of algorithmic
350 |349 |00:29:54 ~-~-> 00:30:00 |price delivery. Every time I talk, I'm giving you chapters of books. It's. That
351 |350 |00:30:00 ~-~-> 00:30:03 |you're not finding the information anywhere else. These things are never
352 |351 |00:30:03 ~-~-> 00:30:08 |going to be retained by you, unless you go through the information, journal it,
353 |352 |00:30:08 ~-~-> 00:30:13 |and then draw out of those examples that you can go back in your own charts and
354 |353 |00:30:13 ~-~-> 00:30:18 |see when you immortalize them and have them in a journal, and then you're
355 |354 |00:30:18 ~-~-> 00:30:23 |really good at keeping record of where certain things are. And I'm not even
356 |355 |00:30:23 ~-~-> 00:30:27 |going to go into how that would be, uh, effectively done. I just think that
357 |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
358 |357 |00:30:32 ~-~-> 00:30:36 |get back to the discussion here. We're going to drop down into an hourly chart
359 |358 |00:30:36 ~-~-> 00:30:41 |here. So everything that was on the daily chart, okay, has been shown over
360 |359 |00:30:41 ~-~-> 00:30:46 |the context of a 60 minute or one hour chart. Now, okay, so here's that daily
361 |360 |00:30:47 ~-~-> 00:30:54 |volume and balance gap that I graded, and then here is Sunday's opening by
362 |361 |00:30:54 ~-~-> 00:30:59 |contrast and Friday settlement price. So that's our new week opening gap. So we
363 |362 |00:30:59 ~-~-> 00:31:04 |showed up in the lower quadrant of that daily volume. Bounds pseudo gap. It
364 |363 |00:31:05 ~-~-> 00:31:09 |trades the lower quadrant and then breaks aggressively. Trades back through
365 |364 |00:31:09 ~-~-> 00:31:14 |the new week opening gap. Notice that once it traded through, it the downside,
366 |365 |00:31:14 ~-~-> 00:31:18 |it only found its way to finding a retest to the low that new week opening
367 |366 |00:31:18 ~-~-> 00:31:23 |gap, or Friday's close, it didn't have any interest at all in trading into the
368 |367 |00:31:23 ~-~-> 00:31:27 |consequent crochet of the new week opening gap, and then it traded lower.
369 |368 |00:31:27 ~-~-> 00:31:33 |Does that indicate bullishness or bearishness? Exceedingly bearish? Why?
370 |369 |00:31:33 ~-~-> 00:31:37 |Because it's not even interested in revisiting the midpoint or consequent
371 |370 |00:31:37 ~-~-> 00:31:42 |crochet of the new week opening gap. Notice that, and the market falls off
372 |371 |00:31:42 ~-~-> 00:31:51 |the take the low here, and trades down into that old buy center, balance, sell,
373 |372 |00:31:51 ~-~-> 00:31:58 |sign, efficiency that we now have traded down below here, which makes this, what
374 |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
375 |374 |00:32:03 ~-~-> 00:32:08 |the high of it, and that's the immediate rebalance on the daily chart. Okay, so
376 |375 |00:32:09 ~-~-> 00:32:11 |when you're looking at these charts here, the information I'm showing you
377 |376 |00:32:11 ~-~-> 00:32:15 |here, you want to create this in your own charts. Don't just simply take what
378 |377 |00:32:15 ~-~-> 00:32:19 |I'm showing you here as notes and saying, Okay, well, I'm just going to
379 |378 |00:32:19 ~-~-> 00:32:24 |use his and save myself the time you'll never learn doing that I had paid
380 |379 |00:32:24 ~-~-> 00:32:29 |students that simply just did what I did every day. Break the market down. This
381 |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
382 |381 |00:32:32 ~-~-> 00:32:36 |what we were watching. And then whatever charts I created and any annotations I
383 |382 |00:32:36 ~-~-> 00:32:41 |had them, they used that. And they're the same individuals today that don't
384 |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
385 |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
386 |385 |00:32:54 ~-~-> 00:32:59 |combine or their What do you call it, the funded account challenge? Could you
387 |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
388 |387 |00:33:06 ~-~-> 00:33:11 |you want to take this information here and spend maybe Sunday before the market
389 |388 |00:33:11 ~-~-> 00:33:15 |opens up, and try to duplicate what you see here in your own charts. And then
390 |389 |00:33:15 ~-~-> 00:33:22 |anything you see extra, you add, you add to it that's important to you. Don't
391 |390 |00:33:22 ~-~-> 00:33:24 |just take what I'm showing you here, because these are the things that were
392 |391 |00:33:24 ~-~-> 00:33:28 |important to me over time. You're going to see there's a rhyme and reason what
393 |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
394 |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
395 |394 |00:33:37 ~-~-> 00:33:41 |market's doing, as we were talking about in the beginning on the daily chart,
396 |395 |00:33:41 ~-~-> 00:33:46 |that time distortion, it presented that there's going to be times where there
397 |396 |00:33:46 ~-~-> 00:33:50 |isn't that much of a time distortion, where the market is range bound and
398 |397 |00:33:50 ~-~-> 00:33:55 |idly, just back and forth trading. It's frustrating when you want to see
399 |398 |00:33:55 ~-~-> 00:33:59 |sustained price runs, because you see deeper retracements that you're not
400 |399 |00:33:59 ~-~-> 00:34:04 |willing to hold on to where In other instances, when it's not being held in
401 |400 |00:34:04 ~-~-> 00:34:09 |consolidation, in time distortion, the market's easy to hold on to a price run
402 |401 |00:34:09 ~-~-> 00:34:17 |because it's more fluid. Well, for the first part of, I guess, December into
403 |402 |00:34:18 ~-~-> 00:34:23 |just recently, this past week, the market's been strangled and then held in
404 |403 |00:34:23 ~-~-> 00:34:28 |a very large trading range. So there's things that I do based on what the
405 |404 |00:34:28 ~-~-> 00:34:34 |market environment is showing at the time, and there's so many things that I
406 |405 |00:34:34 ~-~-> 00:34:39 |have in my toolbox I can only talk about them, and it's always beforehand. I'm
407 |406 |00:34:40 ~-~-> 00:34:43 |always explaining to you why I believe the market's going to go to a specific
408 |407 |00:34:43 ~-~-> 00:34:47 |level, because I'm showing you the levels I'm aiming for, but the logic
409 |408 |00:34:47 ~-~-> 00:34:51 |that's outside and above that is many times rooted on higher Time Frame
410 |409 |00:34:51 ~-~-> 00:34:58 |charts, at the very minimum daily. Okay, so the market breaks down below that
411 |410 |00:34:59 ~-~-> 00:35:03 |will buy side. Balance outside efficiency on the left side. Okay, just,
412 |411 |00:35:03 ~-~-> 00:35:09 |just for clarity, this box here, okay, let me go back up to the daily chart,
413 |412 |00:35:09 ~-~-> 00:35:14 |because I want you to see it. That's this range here, okay, and we just
414 |413 |00:35:14 ~-~-> 00:35:18 |extend it through all this mess. And we're looking at this price action right
415 |414 |00:35:18 ~-~-> 00:35:23 |here, this little price action right there, inside of this gap that I've
416 |415 |00:35:23 ~-~-> 00:35:28 |highlighted in, I guess orange, or whatever that would be, that's this same
417 |416 |00:35:28 ~-~-> 00:35:35 |area here. Okay, this drop down here on the one hour chart, this low right
418 |417 |00:35:35 ~-~-> 00:35:41 |there, that's occurring on the daily chart right there on this candlestick.
419 |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
420 |419 |00:35:46 ~-~-> 00:35:51 |delivery continuum. Okay, so watching price how it behaves algorithmically on
421 |420 |00:35:51 ~-~-> 00:35:56 |one time frame to the next time frame that's lower. Okay, so with that in
422 |421 |00:35:56 ~-~-> 00:36:00 |mind, the market trades back up, hits the high and then gives you the
423 |422 |00:36:00 ~-~-> 00:36:05 |immediate rebalance on the daily chart. So when it touches that line right
424 |423 |00:36:05 ~-~-> 00:36:13 |there, this moment, at that very moment there, that's this daily high, touching
425 |424 |00:36:13 ~-~-> 00:36:21 |Monday's low. This is Tuesday's trading. Wednesday's high is touching Monday's
426 |425 |00:36:21 ~-~-> 00:36:25 |low, that is an immediate rebalance, because we have a sell side of balance
427 |426 |00:36:25 ~-~-> 00:36:32 |by sound efficiency here when we opened up, and then it completely rebalances in
428 |427 |00:36:32 ~-~-> 00:36:37 |one session, the same session, that would if this candlestick would have had
429 |428 |00:36:37 ~-~-> 00:36:44 |a lower high, the gap formed would be a traditional ICT fair value cap, but it
430 |429 |00:36:44 ~-~-> 00:36:47 |doesn't allow the fair value gap to form, because it goes immediately back
431 |430 |00:36:47 ~-~-> 00:36:50 |up to the previous day's candle. So those three candles that would otherwise
432 |431 |00:36:50 ~-~-> 00:36:55 |may create a fair value gap. It denied it and completely rebalanced it, as I
433 |432 |00:36:55 ~-~-> 00:36:58 |taught you in 2024 and for the folks that were in my paid mentorship years
434 |433 |00:36:58 ~-~-> 00:37:05 |ago, my immediate rebalance is one of the strongest algorithmic signals. When
435 |434 |00:37:05 ~-~-> 00:37:10 |you have a directional bias, it's either going to immediately start that
436 |435 |00:37:10 ~-~-> 00:37:15 |candlestick when it comes up and touches it and gives immediate rebalance. In
437 |436 |00:37:15 ~-~-> 00:37:18 |this case we're bearish, it would have sold off aggressively on that candle. Or
438 |437 |00:37:18 ~-~-> 00:37:23 |what the very next one, and my paid students can call me a liar right now on
439 |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
440 |439 |00:37:28 ~-~-> 00:37:33 |well. So I have it all over the place. You're not finding it in anything else.
441 |440 |00:37:33 ~-~-> 00:37:36 |Okay? Wyckoff didn't talk about that. Supply and demand doesn't talk about it.
442 |441 |00:37:36 ~-~-> 00:37:40 |Chris Laurie didn't teach that. Larry Williams didn't touch it. You know, I
443 |442 |00:37:40 ~-~-> 00:37:42 |can go through the gambit of going through all these other people that
444 |443 |00:37:42 ~-~-> 00:37:48 |people say I borrowed their logic. Next candle, if it doesn't drop Percy, as
445 |444 |00:37:48 ~-~-> 00:37:51 |soon as it creates the immediate rebalance, the very next candle is going
446 |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
447 |446 |00:37:55 ~-~-> 00:38:00 |downside on the next candle after the immediate rebalance? I believe your I
448 |447 |00:38:00 ~-~-> 00:38:03 |believe your daily chart looks like mine. Maybe not like this in
449 |448 |00:38:03 ~-~-> 00:38:07 |annotations, but it looks like that in terms of where it went. So we have the
450 |449 |00:38:07 ~-~-> 00:38:10 |immediate rebounds here, and then watch what happens. Watch real closely the
451 |450 |00:38:11 ~-~-> 00:38:17 |market goes back up inside of that inversion fair value gap. So we come
452 |451 |00:38:17 ~-~-> 00:38:22 |back and we touch the high of it. We dropped outside of it. Now it's
453 |452 |00:38:22 ~-~-> 00:38:33 |validated. Okay, we want to see it respect the lower half and disregard the
454 |453 |00:38:33 ~-~-> 00:38:37 |upper half. What does that look like here? Well, this is consequent
455 |454 |00:38:37 ~-~-> 00:38:43 |encroachment at 21,003, 19 level. The market goes above that, yes, but does it
456 |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,
457 |456 |00:38:48 ~-~-> 00:38:53 |little portion there. So the market shows the bodies staying below the upper
458 |457 |00:38:53 ~-~-> 00:38:59 |quadrant at 21,003, 58.25, yes, the wicks go above it. But that's, that's
459 |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
460 |459 |00:39:04 ~-~-> 00:39:09 |black and white, finite. And that's what makes trading a little bit more
461 |460 |00:39:09 ~-~-> 00:39:13 |difficult for people that are studious or academic. For instance, like my
462 |461 |00:39:13 ~-~-> 00:39:19 |uncle, he was very, very studious and academic. He was book smart. I'm not
463 |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
464 |463 |00:39:24 ~-~-> 00:39:31 |normal to color outside the lines, because as a kid, I did that. Here, the
465 |464 |00:39:31 ~-~-> 00:39:32 |bodies are telling you the story.
466 |465 |00:39:33 ~-~-> 00:39:37 |It's saying that, Okay, it's done enough, and it's not hitting the upper
467 |466 |00:39:37 ~-~-> 00:39:43 |quadrant. And even with the wicks going above that 21,003, 58.25, level, it's
468 |467 |00:39:43 ~-~-> 00:39:47 |failing to go back to the high that inversion, fair value gap, that in
469 |468 |00:39:47 ~-~-> 00:39:52 |itself, is a signature. Okay, so the next candle, we open up, trade up again,
470 |469 |00:39:53 ~-~-> 00:39:58 |fade. It breaks aggressively, but below relative equal lows, and we get a little
471 |470 |00:39:58 ~-~-> 00:40:03 |bit of a chopping back and forth. And. Here, on your on your charts and on your
472 |471 |00:40:03 ~-~-> 00:40:08 |notes. This candlestick right here, measure half of that right there, which
473 |472 |00:40:08 ~-~-> 00:40:13 |is consequent encouragement. See the body's respecting it there. Extend it
474 |473 |00:40:13 ~-~-> 00:40:16 |forward into these candlesticks here, and you'll find something really neat,
475 |474 |00:40:16 ~-~-> 00:40:21 |even on the 15 second chart. That's extra homework. No extra charge. The
476 |475 |00:40:21 ~-~-> 00:40:26 |market breaks aggressively and trades into our first target of 20,006 40.25
477 |476 |00:40:29 ~-~-> 00:40:34 |right in here. And then the inefficiencies traded to on Friday, that
478 |477 |00:40:34 ~-~-> 00:40:40 |lower fair value gap on the daily chart. That's this, these this level here, in
479 |478 |00:40:40 ~-~-> 00:40:46 |this blue shaded area is this on the daily chart. That's that low. See it?
480 |479 |00:40:46 ~-~-> 00:40:52 |20,006 40.25 and this gap here is that blue box. It trades down into there.
481 |480 |00:40:52 ~-~-> 00:40:59 |Well, that's occurring Thursday into Friday, and we have a retracement back
482 |481 |00:40:59 ~-~-> 00:41:06 |up into this inefficiency right there from the weekly perspective. Okay,
483 |482 |00:41:06 ~-~-> 00:41:12 |entire time when the markets trading and moving in direction I'm expecting it to
484 |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
485 |484 |00:41:18 ~-~-> 00:41:22 |the things I've highlighted. Those are levels that were given in advance.
486 |485 |00:41:24 ~-~-> 00:41:27 |They're not after the fact. And say, Well, look how pretty it is as the
487 |486 |00:41:27 ~-~-> 00:41:33 |market's dropping down, I'm considering what the weekly range looks like. And
488 |487 |00:41:33 ~-~-> 00:41:37 |this is a crude depiction. I don't have a I know some of my students have
489 |488 |00:41:37 ~-~-> 00:41:41 |created indicators, and I'm not about to start messing with them, because I'll
490 |489 |00:41:42 ~-~-> 00:41:45 |start going through everybody's version of it, and I'll waste my time doing not
491 |490 |00:41:45 ~-~-> 00:41:49 |to say that it's a waste of time having but my time right now is extremely
492 |491 |00:41:49 ~-~-> 00:41:56 |limited, so I I think about it like this, the market opened up here on
493 |492 |00:41:56 ~-~-> 00:42:01 |Sunday. That's me drawing this line here. That's this, that price right
494 |493 |00:42:01 ~-~-> 00:42:08 |there, that high is this high here, and as it's dropping down, in my mind, every
495 |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
496 |495 |00:42:12 ~-~-> 00:42:18 |into this inefficiency. So the low of the week is depicted here, but in my
497 |496 |00:42:18 ~-~-> 00:42:24 |mind, I'm watching how it goes below this, 20,006 40.25 as a draw on
498 |497 |00:42:24 ~-~-> 00:42:33 |liquidity and the top of that. So in my notes on my notepad, I have this blue
499 |498 |00:42:33 ~-~-> 00:42:39 |box is high, and then it just goes lower, obviously. And I just annotated
500 |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
501 |500 |00:42:44 ~-~-> 00:42:49 |down that the weekly range extended through and just outside for like a
502 |501 |00:42:49 ~-~-> 00:42:54 |mohawk with that candlestick low right there, but in my mind and throughout the
503 |502 |00:42:54 ~-~-> 00:42:58 |week, I'm watching just for the high of that to be traded to certainly this
504 |503 |00:42:58 ~-~-> 00:43:03 |level here. But that's my, my my goal, if you will, okay, that's my moral
505 |504 |00:43:03 ~-~-> 00:43:07 |victory, whether I'm trading it or not. If it trades there, I feel good for
506 |505 |00:43:07 ~-~-> 00:43:12 |myself, and I tell myself that was done well, and I literally write that down
507 |506 |00:43:12 ~-~-> 00:43:17 |and say, you know that that analysis was done right, or done well, or I feel good
508 |507 |00:43:17 ~-~-> 00:43:22 |about what I did. It was really accurate this week, or I was accurate this week,
509 |508 |00:43:22 ~-~-> 00:43:27 |and I give myself those little bullet points, because subconsciously, my my
510 |509 |00:43:27 ~-~-> 00:43:31 |subconscious will retain that like a sponge. And even though there were
511 |510 |00:43:31 ~-~-> 00:43:36 |problematic periods of the of this individual week, it kind of like smooths
512 |511 |00:43:36 ~-~-> 00:43:41 |out those rough edges. You want to be very supportive and much like a
513 |512 |00:43:41 ~-~-> 00:43:44 |cheerleader for yourself in your own journal. You don't want to put it on so
514 |513 |00:43:44 ~-~-> 00:43:47 |thick it's you're going to give yourself a diabetic coma, but you want to be
515 |514 |00:43:47 ~-~-> 00:43:55 |realistic about your encouragement to yourself. All right, so this is a 15
516 |515 |00:43:55 ~-~-> 00:43:59 |minute time frame, and this is the minimum that I think you should have in
517 |516 |00:43:59 ~-~-> 00:44:02 |your journal. So if you've been watching what price has been doing, and you're
518 |517 |00:44:02 ~-~-> 00:44:06 |using these time frames the very minimum, this is what you should have in
519 |518 |00:44:06 ~-~-> 00:44:10 |your charts, okay, and I'll talk about other parts of the chart that were, in
520 |519 |00:44:10 ~-~-> 00:44:17 |my opinion, salient, but you can include them on yours. Here is that daily gap,
521 |520 |00:44:17 ~-~-> 00:44:20 |volume of balance, as I mentioned before, touching the lower quadrant of
522 |521 |00:44:20 ~-~-> 00:44:24 |it and here, and finally breaking away, trading over top of the new week opening
523 |522 |00:44:25 ~-~-> 00:44:30 |gap, and then trading right up to the new week opening gap low, okay. And then
524 |523 |00:44:30 ~-~-> 00:44:35 |it drops from there, and it creates this smooth level in here. And even there, it
525 |524 |00:44:35 ~-~-> 00:44:40 |just got to a point where I expected fully they would likely try to upset
526 |525 |00:44:40 ~-~-> 00:44:46 |this. And to be honest with you, I was surprised to see it left intact. So I
527 |526 |00:44:46 ~-~-> 00:44:53 |think that that might be something that may get revisited, you know, in the next
528 |527 |00:44:53 ~-~-> 00:44:57 |weeks or whatever, barring any kind of major continuation on the sell off,
529 |528 |00:44:57 ~-~-> 00:45:03 |right? But this is a really. Logical level for liquidity that's being built
530 |529 |00:45:03 ~-~-> 00:45:12 |up for anyone that's short. And to my thinking, okay, and think about it. Say
531 |530 |00:45:12 ~-~-> 00:45:17 |this was the trade down below 19,000 on NASDAQ. Okay, let's just say over the
532 |531 |00:45:17 ~-~-> 00:45:22 |next couple months, especially going into like May, let's assume that we're
533 |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
534 |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
535 |534 |00:45:33 ~-~-> 00:45:37 |here, buy a couple handles, but maybe, just like running up in here, maybe up
536 |535 |00:45:37 ~-~-> 00:45:44 |into this inefficiency entirely, and then whatever rollover after that might
537 |536 |00:45:44 ~-~-> 00:45:49 |be, you know, really exciting. It's just something I have in my notes. Okay, so
538 |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
539 |538 |00:45:54 ~-~-> 00:45:58 |these, to these highs. I'm just saying that it's just really uncharacteristic
540 |539 |00:45:58 ~-~-> 00:46:03 |for the market to leave something that smooth and straight line, especially if
541 |540 |00:46:03 ~-~-> 00:46:07 |there's going to be a precipitous drop later in the year. You know what I mean.
542 |541 |00:46:07 ~-~-> 00:46:13 |So anyway, the market trades below that former buy side and balance outside
543 |542 |00:46:13 ~-~-> 00:46:18 |efficiency that when we traded below it here, it changes its characteristic to
544 |543 |00:46:18 ~-~-> 00:46:22 |that of a inversion fair value cap. So since it formed in the basis of a buy
545 |544 |00:46:22 ~-~-> 00:46:26 |side of balance, outside of efficiency, when it changes its characteristic to
546 |545 |00:46:26 ~-~-> 00:46:31 |what now bearish. So what was usually bullish now is going to be used as a
547 |546 |00:46:31 ~-~-> 00:46:35 |bearish PD array. And this line is that line that I showed you, is the immediate
548 |547 |00:46:35 ~-~-> 00:46:39 |rebalance. But you want to do your annotation on the daily chart and let
549 |548 |00:46:39 ~-~-> 00:46:43 |them be seen or visible on the lower time frames. Okay, it's really important
550 |549 |00:46:43 ~-~-> 00:46:50 |you're able to do that. This inefficiency here is the first one after
551 |550 |00:46:50 ~-~-> 00:46:54 |the market rolls over at the beginning of the week. So I want to grade that
552 |551 |00:46:54 ~-~-> 00:46:58 |always. And as you can see here, we're using the volume imbalance of this
553 |552 |00:46:58 ~-~-> 00:47:04 |candlesticks close and this candlesticks high is the low that city. Okay, we're
554 |553 |00:47:04 ~-~-> 00:47:09 |not using this candlesticks low to this candlesticks high. There's a slight
555 |554 |00:47:09 ~-~-> 00:47:12 |difference between these two price points. This candlesticks closed is
556 |555 |00:47:12 ~-~-> 00:47:16 |slightly higher than that of this candlesticks opening price so that is a
557 |556 |00:47:16 ~-~-> 00:47:21 |volume imbalance. So you want to make sure you're using that there and notice
558 |557 |00:47:21 ~-~-> 00:47:25 |what's occurring in here. These are the very things that I taught my private
559 |558 |00:47:25 ~-~-> 00:47:31 |mentorship students, okay? And because it requires work, it requires more than
560 |559 |00:47:31 ~-~-> 00:47:37 |just a glance, a passing you peek at it on a chart, because it takes time to
561 |560 |00:47:37 ~-~-> 00:47:43 |make your charts, annotate them, screenshot them, journal them. If you
562 |561 |00:47:43 ~-~-> 00:47:47 |don't like that part of trading, I promise you, you will very much struggle
563 |562 |00:47:47 ~-~-> 00:47:51 |with the adversities that come by way of just a natural progression and learning
564 |563 |00:47:51 ~-~-> 00:47:55 |how to be consistently profitable. And that's why most people can't find
565 |564 |00:47:55 ~-~-> 00:47:59 |consistently profitable, because they don't have the due diligence, they don't
566 |565 |00:47:59 ~-~-> 00:48:02 |have the wherewithal, they don't have the commitment. They don't have the
567 |566 |00:48:02 ~-~-> 00:48:06 |tenacity to stick to something, even though it's uncomfortable, even though
568 |567 |00:48:06 ~-~-> 00:48:10 |it doesn't put money in your pocket right away. And that is back testing and
569 |568 |00:48:10 ~-~-> 00:48:16 |journaling, I promise you, if you know someone that's just recently found
570 |569 |00:48:16 ~-~-> 00:48:19 |themselves in terms of profitability, one of two things are going to happen.
571 |570 |00:48:20 ~-~-> 00:48:23 |They're gonna, if they're honest, they're gonna reflect and say, You know
572 |571 |00:48:23 ~-~-> 00:48:25 |what, I probably would have been better off if I would have been much more
573 |572 |00:48:25 ~-~-> 00:48:29 |organized and I did these types of things, I would have been able to pick
574 |573 |00:48:29 ~-~-> 00:48:33 |up on my problems and my errors and then repeating occurrences where I'm holding
575 |574 |00:48:33 ~-~-> 00:48:40 |myself back, or their temporary success falls apart because they didn't do this
576 |575 |00:48:40 ~-~-> 00:48:45 |part. Okay? So it's real important that you take away from this is that being
577 |576 |00:48:45 ~-~-> 00:48:50 |organized, journaling and getting the information out of old moves, that's
578 |577 |00:48:50 ~-~-> 00:48:55 |your best teacher, not ICT, not the guy or gal that you're paying as a mentor,
579 |578 |00:48:56 ~-~-> 00:49:02 |the back testing and hindsight, those are your best teachers. And when you
580 |579 |00:49:02 ~-~-> 00:49:06 |remove the stigmatism that's placed on hindsight, hindsight, hindsight. I mean,
581 |580 |00:49:06 ~-~-> 00:49:09 |if you're trying to promote a signal service and you're only showing what you
582 |581 |00:49:09 ~-~-> 00:49:13 |did right then obviously there's a problem here. But if someone has a
583 |582 |00:49:13 ~-~-> 00:49:17 |signal service and are able to say, here's what I'm seeing right now, this
584 |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
585 |584 |00:49:21 ~-~-> 00:49:24 |stop loss at this price level, and you're able to see that for a month or
586 |585 |00:49:24 ~-~-> 00:49:29 |two consistently, then I think that person's earned a measure of attention
587 |586 |00:49:29 ~-~-> 00:49:34 |that's afforded them. Otherwise. Hindsight is not beneficial there, but
588 |587 |00:49:34 ~-~-> 00:49:40 |any form of education, all forms of education, has a considerable amount of
589 |588 |00:49:40 ~-~-> 00:49:45 |hindsight, and when you go through your charts like I'm showing you here, you're
590 |589 |00:49:45 ~-~-> 00:49:49 |building up your understanding at your own pace. And no one can look at your
591 |590 |00:49:49 ~-~-> 00:49:53 |charts unless you share them publicly, which you shouldn't. Do you never feel
592 |591 |00:49:53 ~-~-> 00:49:57 |like you got to keep up with everybody else. And no one's going to criticize
593 |592 |00:49:57 ~-~-> 00:50:00 |your charts because they're private. They're yours, and that's. A an
594 |593 |00:50:00 ~-~-> 00:50:06 |incredibly important facet to developing properly. But this inefficiency here, I
595 |594 |00:50:06 ~-~-> 00:50:12 |grade that. Okay, so the very first inefficiency that forms once the week
596 |595 |00:50:12 ~-~-> 00:50:17 |starts, really important. It's along the same premise as the first presenter,
597 |596 |00:50:17 ~-~-> 00:50:21 |fair value gap, like a new week opening gap, you extend them throughout the
598 |597 |00:50:21 ~-~-> 00:50:25 |entirety of the week, and they're going to be utilized again. But in this case
599 |598 |00:50:25 ~-~-> 00:50:31 |here, because we have a directional bias that's bearish, the high of it to the
600 |599 |00:50:31 ~-~-> 00:50:34 |low of it, and then the consequent encroachment. Look at the consequence
601 |600 |00:50:34 ~-~-> 00:50:39 |midpoint. See how the bodies are respecting that. Yes, there's little
602 |601 |00:50:39 ~-~-> 00:50:44 |inert wicks above it, but that's permitted. That's this, like coloring
603 |602 |00:50:44 ~-~-> 00:50:50 |outside the lines. This is indicating that we're not likely to go higher. So
604 |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
605 |604 |00:50:56 ~-~-> 00:51:01 |here to that candlesticks high and that candlesticks low, that makes this a
606 |605 |00:51:01 ~-~-> 00:51:08 |candidate for a breakaway gap. It's also occurring right at the low of the new
607 |606 |00:51:08 ~-~-> 00:51:13 |week opening gap. See how these things blend together. So when you're doing
608 |607 |00:51:13 ~-~-> 00:51:17 |your annotations, you have to really spend some time put some calming music
609 |608 |00:51:17 ~-~-> 00:51:22 |on, or some driving music. You know that you really like that makes you feel
610 |609 |00:51:22 ~-~-> 00:51:27 |good, that it has your your attention up. You should not be listening to some
611 |610 |00:51:27 ~-~-> 00:51:32 |crazy, wacky rave music where you're when you're trading because you don't
612 |611 |00:51:32 ~-~-> 00:51:40 |want to be elevated. Your your focus needs to be 100% dialed in and no
613 |612 |00:51:40 ~-~-> 00:51:46 |additional stimuli. It should be calming, very, very simple, calming, but
614 |613 |00:51:46 ~-~-> 00:51:50 |studying and back testing, that's where you want to have the high energy. You
615 |614 |00:51:50 ~-~-> 00:51:52 |want to you want to feel like you're in that movie and you're the main
616 |615 |00:51:52 ~-~-> 00:51:56 |character. And they had that awesome soundtrack playing, like, for instance,
617 |616 |00:51:56 ~-~-> 00:52:03 |movies, song from heat. When that movie came out, that was, like, my go to song,
618 |617 |00:52:04 ~-~-> 00:52:09 |you know, when, when Al Pacino racing, you know, the chase, you know, after Al
619 |618 |00:52:09 ~-~-> 00:52:14 |Pacino and he it just, it's this instrumental song. It's awesome,
620 |619 |00:52:14 ~-~-> 00:52:18 |awesome, awesome track. And that was, like, my, that was my joint. Like, that
621 |620 |00:52:18 ~-~-> 00:52:22 |was my jam, when I would pack test, and you look at old data and stuff,
622 |621 |00:52:23 ~-~-> 00:52:28 |wonderful, wonderful way of just staying energetic that might be a little too old
623 |622 |00:52:28 ~-~-> 00:52:32 |school for some of you. I think it's a timeless track. It sounds awesome, but
624 |623 |00:52:32 ~-~-> 00:52:38 |whatever you like listening to when you're back testing, make it fun. Make
625 |624 |00:52:38 ~-~-> 00:52:41 |it like, almost like a form of meditation. Some of you guys and gals
626 |625 |00:52:41 ~-~-> 00:52:45 |that you go to gym, you work out, you've had the conditioning shelf to do that,
627 |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
628 |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,
629 |628 |00:52:52 ~-~-> 00:52:55 |if you really want to have the visibility to see setups that the
630 |629 |00:52:55 ~-~-> 00:53:00 |average person in trading isn't going to see. You do these things. Notice that
631 |630 |00:53:00 ~-~-> 00:53:07 |I've shown basically three perspectives just on this 115 in time frame, and it
632 |631 |00:53:07 ~-~-> 00:53:13 |changed just in this area. Here three different screenshots, but look at the
633 |632 |00:53:13 ~-~-> 00:53:19 |level of clarity and depth of view of seeing what price is doing when you do
634 |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
635 |634 |00:53:26 ~-~-> 00:53:32 |answer, okay, but it's the truth. When you guys ask me, collectively, in all
636 |635 |00:53:32 ~-~-> 00:53:36 |forms of medium, why am I looking at that gap? Why am I not looking at this
637 |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
638 |637 |00:53:40 ~-~-> 00:53:46 |years, that trains my focus into looking at these types of gaps. When there's not
639 |638 |00:53:46 ~-~-> 00:53:51 |just one level of information being presented to you with that one gap,
640 |639 |00:53:52 ~-~-> 00:53:55 |there has to be other things in agreement. It's like a confluence of
641 |640 |00:53:55 ~-~-> 00:54:00 |things. So just simply, because there's a three candle formation and there's a
642 |641 |00:54:00 ~-~-> 00:54:04 |down close candle in the middle of the three candles. That doesn't mean it's a
643 |642 |00:54:04 ~-~-> 00:54:09 |an inefficiency that I'm concerned about. It has to have something along
644 |643 |00:54:09 ~-~-> 00:54:13 |the lines of time. Well, what's the time aspect here? It's the very first
645 |644 |00:54:13 ~-~-> 00:54:18 |displacement after the start of the week, in the direction of my you know,
646 |645 |00:54:18 ~-~-> 00:54:24 |my draw on liquidity, which is the a lot lower on the daily chart, because it's
647 |646 |00:54:24 ~-~-> 00:54:29 |the first one I want to see. Does it perform and show signatures of
648 |647 |00:54:29 ~-~-> 00:54:35 |breakaway? Breakaway means it's like rocket fuel. It's going to really set my
649 |648 |00:54:36 ~-~-> 00:54:41 |my directional bias on fire, in terms of the the magnitude, the speed, the
650 |649 |00:54:41 ~-~-> 00:54:46 |ferocity of how fast it wants to go. There. Those are the types of trades I'm
651 |650 |00:54:46 ~-~-> 00:54:50 |teaching students to learn to look for not just the average one to one type
652 |651 |00:54:50 ~-~-> 00:54:52 |thing. They're easy bread and butter stuff I've taught you that it's all over
653 |652 |00:54:52 ~-~-> 00:54:58 |the YouTube channel, but to be exceptional, to be a cut above everyone
654 |653 |00:54:58 ~-~-> 00:55:04 |else in finding setups that. Absolutely destroy and lay shame on everything else
655 |654 |00:55:04 ~-~-> 00:55:10 |out there. You have to look for things like this, and over time, it makes your
656 |655 |00:55:10 ~-~-> 00:55:14 |technical analysis, technical science. It makes your ability to see these
657 |656 |00:55:14 ~-~-> 00:55:22 |setups crystal clear, laser guided. Okay, it's like having, well, I can go
658 |657 |00:55:22 ~-~-> 00:55:25 |on and on. It's going to sound like bragging, and sometimes it hurts
659 |658 |00:55:25 ~-~-> 00:55:31 |everybody's feelings that aren't really here to learn. But when we had this
660 |659 |00:55:31 ~-~-> 00:55:36 |delivery here below that, oh, buy sign and balance cell sign efficiency, it
661 |660 |00:55:36 ~-~-> 00:55:41 |acts as a inversion pair behind gap, scrubbing over to the right a little
662 |661 |00:55:41 ~-~-> 00:55:44 |bit. That's that move we just talked about here. And it climbs up. Look how
663 |662 |00:55:44 ~-~-> 00:55:47 |it uses the low of that old bison about cell sign efficiency, but we're
664 |663 |00:55:47 ~-~-> 00:55:52 |expecting it to perform as a inversion, fair value gap. Look how it uses the
665 |664 |00:55:52 ~-~-> 00:55:57 |grading, or the, you know, the quadrant levels that's been added to it. Low.
666 |665 |00:56:00 ~-~-> 00:56:06 |Lower quadrant. Lower quadrant bodies just outside of it a little bit and then
667 |666 |00:56:06 ~-~-> 00:56:11 |rallies up lower quadrant. Consequent encroachment, high. Immediate rebalance
668 |667 |00:56:11 ~-~-> 00:56:16 |on the daily chart, Mondays low, it touches Okay, so Wednesday trades up to
669 |668 |00:56:16 ~-~-> 00:56:22 |Monday's low. Immediate rebalance on the daily notice. I had the annotation
670 |669 |00:56:22 ~-~-> 00:56:26 |there. You have to be diligent about keeping record of what levels you have
671 |670 |00:56:26 ~-~-> 00:56:28 |when you're doing your back testing and journaling, when you take your
672 |671 |00:56:28 ~-~-> 00:56:33 |screenshots, you have to add the information that helps you keep track of
673 |672 |00:56:33 ~-~-> 00:56:37 |what you're looking at on the lower time frames. Just putting a line on it from
674 |673 |00:56:37 ~-~-> 00:56:41 |daily chart or weekly chart, you're going to lose the location and the
675 |674 |00:56:41 ~-~-> 00:56:44 |importance of what is it? What is it talking about? What is it showing?
676 |675 |00:56:44 ~-~-> 00:56:48 |What's the story behind that level? If you don't add the annotations to the
677 |676 |00:56:48 ~-~-> 00:56:52 |levels or the PD arrays, you're going to get lost in the sauce. So the market
678 |677 |00:56:52 ~-~-> 00:56:58 |drops from here outside of it once more. So that validates this now, as in
679 |678 |00:56:58 ~-~-> 00:57:02 |inversion, fair value gap. So we're going to watch this midpoint to the
680 |679 |00:57:02 ~-~-> 00:57:08 |high. We want to see it disregard this upper portion. The market trades up,
681 |680 |00:57:08 ~-~-> 00:57:12 |creates the low on that candlestick. Rate that low of the inversion fair
682 |681 |00:57:12 ~-~-> 00:57:16 |value gap trades down here. Giant rates around the consequent encroachment
683 |682 |00:57:16 ~-~-> 00:57:21 |shoots up in the upper quadrant, fails to touch the upper half, and anything
684 |683 |00:57:21 ~-~-> 00:57:25 |rolling over from there is ideal. What is this low and this low? You can't
685 |684 |00:57:26 ~-~-> 00:57:30 |recognize it easily when it's zoomed in like this, because you're too close to
686 |685 |00:57:30 ~-~-> 00:57:33 |the trees to see the forest. These would be relatively cool lows on the daily
687 |686 |00:57:33 ~-~-> 00:57:38 |chart. But right here, watch what we're doing. We're going to scrub over, and
688 |687 |00:57:38 ~-~-> 00:57:44 |that's here. Market breaks down, trades precipitously lower, and then we have
689 |688 |00:57:44 ~-~-> 00:57:50 |this gap here. Why am I not using this one here? Because it left that inversion
690 |689 |00:57:50 ~-~-> 00:57:55 |fair value gap. I naturally want to see that always act as a breakaway gap.
691 |690 |00:57:55 ~-~-> 00:57:59 |Okay, that's for the people that are paying attention. No extra charge. But
692 |691 |00:57:59 ~-~-> 00:58:04 |the next one after that, we've taken this low out and we traded into
693 |692 |00:58:04 ~-~-> 00:58:07 |liquidity. Now we're going to have to use this information here. So this
694 |693 |00:58:07 ~-~-> 00:58:12 |candle sticks low. This candle sticks high grade. That look at the body
695 |694 |00:58:12 ~-~-> 00:58:14 |stopping, rate of consequence, encroachment. The wicks are allowed to
696 |695 |00:58:14 ~-~-> 00:58:18 |do damage, but notice they're not going higher each time they're going lower.
697 |696 |00:58:18 ~-~-> 00:58:23 |And in lower quadrant here, the brakes aggressively lower, and then trades into
698 |697 |00:58:23 ~-~-> 00:58:29 |our 20,006 40.25 level, and then into the bison about sell sign efficiency
699 |698 |00:58:30 ~-~-> 00:58:34 |that gave you as the low end target on the daily chart for NASDAQ. And then on
700 |699 |00:58:34 ~-~-> 00:58:38 |Friday, we see it trade down just outside of a little bit, rallies higher,
701 |700 |00:58:38 ~-~-> 00:58:44 |drops down once more, and then pumps up into the old target, or initial target I
702 |701 |00:58:44 ~-~-> 00:58:54 |gave you at the 20,000 I think it's 943, or something. Here we have the
703 |702 |00:58:56 ~-~-> 00:59:03 |range here shown on a one minute chart. It drops down here. Works inside that
704 |703 |00:59:03 ~-~-> 00:59:10 |inefficiency, using the quadrant levels and breaks down and trades lower on
705 |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
706 |705 |00:59:15 ~-~-> 00:59:19 |Thursday's opening range gap, and you can see it with the record trading
707 |706 |00:59:19 ~-~-> 00:59:23 |hours. So here's the opening price at 930 and regular trading hours settlement
708 |707 |00:59:23 ~-~-> 00:59:27 |price, which, when we have an opening price that's higher at 930 Eastern time,
709 |708 |00:59:28 ~-~-> 00:59:31 |if it's higher than regular trading hours previous settlement, that means
710 |709 |00:59:31 ~-~-> 00:59:34 |you're gonna have a premium gap opening. And this the record trading hours
711 |710 |00:59:34 ~-~-> 00:59:39 |settlement price will become the opening range gap low and reverse that when we
712 |711 |00:59:39 ~-~-> 00:59:43 |have a 930 opening price that's below regular trading hours, settlement price.
713 |712 |00:59:44 ~-~-> 00:59:48 |That means you'd have a discount gap or a lower gap opening. And that means it
714 |713 |00:59:48 ~-~-> 00:59:53 |would be the opening range gap high. So this level always has two names.
715 |714 |00:59:54 ~-~-> 00:59:58 |Initially, it's the regular trading hours, previous settlement price, until
716 |715 |00:59:58 ~-~-> 01:00:02 |we get to 930 and. And then, depending upon where that 930 opening is in
717 |716 |01:00:02 ~-~-> 01:00:07 |proximity to this level, which is the river trading hour settlement price,
718 |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
719 |718 |01:00:12 ~-~-> 01:00:18 |level to opening range, gap higher low, based on the proximity of the opening
720 |719 |01:00:18 ~-~-> 01:00:24 |price at 930 and it sounds much more complicated than what it would. It just
721 |720 |01:00:24 ~-~-> 01:00:29 |sounded like it's easy. It's really, really easy. It's either we open higher
722 |721 |01:00:29 ~-~-> 01:00:34 |at 930 where we settle that previous day, using river trading hours, or we
723 |722 |01:00:34 ~-~-> 01:00:41 |open lower, okay, and then label it based on that. So we open up inside the
724 |723 |01:00:41 ~-~-> 01:00:49 |inversion fair value gap, okay? We fail to get to the upper half. We break lower
725 |724 |01:00:49 ~-~-> 01:00:54 |aggressively and notice it doesn't even do a return back to the first presented
726 |725 |01:00:54 ~-~-> 01:00:58 |fair value gap. It doesn't even come back up and touch consequent
727 |726 |01:00:58 ~-~-> 01:01:02 |encroachment. It just falls out of bed aggressively, and it doesn't even come
728 |727 |01:01:02 ~-~-> 01:01:07 |back and touch the low of the inversion fair value gap. It just gives you the
729 |728 |01:01:07 ~-~-> 01:01:12 |opening range gap low, which is what I gave guidance on. Once I saw that it was
730 |729 |01:01:12 ~-~-> 01:01:17 |not giving me anything to basically get short on, I wanted to see if it was
731 |730 |01:01:17 ~-~-> 01:01:21 |going to try to pump outside of the inversion fair value gap, because I was
732 |731 |01:01:21 ~-~-> 01:01:24 |concerned that we were going to get a little bit of static in there first, and
733 |732 |01:01:24 ~-~-> 01:01:32 |then come down and do the 70% likelihood of the mid gap being filled, which was
734 |733 |01:01:32 ~-~-> 01:01:37 |here, okay, this, this white line level, this level here is mid gap, or
735 |734 |01:01:37 ~-~-> 01:01:40 |consequent encroachment from the difference Between this candlesticks,
736 |735 |01:01:40 ~-~-> 01:01:44 |opening price, this candlesticks closing price. I'm sorry. This candlesticks,
737 |736 |01:01:44 ~-~-> 01:01:47 |opening price, this candlesticks closing price. I'm not sure if I said that right
738 |737 |01:01:47 ~-~-> 01:01:51 |upper quadrant, consequent encroachment of the opening range gap. The opening
739 |738 |01:01:51 ~-~-> 01:01:57 |range gap is between these two darker lines here. 7% of time the market will
740 |739 |01:01:57 ~-~-> 01:02:02 |retrace back to half that gap. Well, it does that, and then just keeps on
741 |740 |01:02:02 ~-~-> 01:02:07 |falling outside of the daily inversion fair value gap. So my attention went to,
742 |741 |01:02:07 ~-~-> 01:02:11 |okay, well, we're not showing any importance placed on any the levels I
743 |742 |01:02:11 ~-~-> 01:02:15 |have inside that inversion fair value gap. It's exceedingly what weak. So if
744 |743 |01:02:15 ~-~-> 01:02:20 |it's weak, my bias is bearish. We're going to get down here real quick. So
745 |744 |01:02:20 ~-~-> 01:02:24 |the only thing I could do is, what I did gave guidance. I said the opening range
746 |745 |01:02:24 ~-~-> 01:02:29 |gap low is providing or lending resistance here, and that was pretty
747 |746 |01:02:29 ~-~-> 01:02:33 |much all you get. You have a small little institutional workflow entry
748 |747 |01:02:33 ~-~-> 01:02:40 |drill here. Then you have an inversion, fair value gap here. I'm not adding all
749 |748 |01:02:40 ~-~-> 01:02:44 |that, because when we broke down here, this is a bearish, fair value gap, trade
750 |749 |01:02:44 ~-~-> 01:02:49 |up into that. And that was all she wrote. Breaks aggressively lower. And as
751 |750 |01:02:49 ~-~-> 01:02:55 |we traded down into it, you know, ticker tape parade, yay. Ran on this again, and
752 |751 |01:02:55 ~-~-> 01:03:00 |then I went, I was done for the day with telegram and the market, we traced back
753 |752 |01:03:00 ~-~-> 01:03:05 |up into and consolidated and then created an afternoon session run as I
754 |753 |01:03:05 ~-~-> 01:03:12 |taught recently, and in 2024 content paid mentorship students learn this also
755 |754 |01:03:12 ~-~-> 01:03:15 |on the day trading modules. You can all you can find all this stuff in the
756 |755 |01:03:15 ~-~-> 01:03:20 |lectures on my YouTube channel. So at 1:30pm eastern time to two o'clock,
757 |756 |01:03:20 ~-~-> 01:03:23 |that's your opening range for the afternoon session. Same thing we do at
758 |757 |01:03:23 ~-~-> 01:03:26 |930 to 10 o'clock in the morning for the opening range in the morning session. At
759 |758 |01:03:26 ~-~-> 01:03:31 |the opening belt, 930 well, your afternoon session, you want to use this
760 |759 |01:03:32 ~-~-> 01:03:36 |30 minute period. Okay? I don't care all these people out here talking about 15
761 |760 |01:03:36 ~-~-> 01:03:41 |minute ranges and stuff. It's, it's always 30 minutes. Okay, I promise you,
762 |761 |01:03:41 ~-~-> 01:03:46 |the algorithm is using 30 minutes of initial range. It's 930 to 10 o'clock,
763 |762 |01:03:46 ~-~-> 01:03:50 |and then afternoon, it's 130 to two o'clock. Do not take my word for it.
764 |763 |01:03:50 ~-~-> 01:03:53 |Start charting this away, and you'll see exactly what I'm saying. It's there
765 |764 |01:03:53 ~-~-> 01:04:01 |every single day. So small, little gap in here, but the largest, most prominent
766 |765 |01:04:01 ~-~-> 01:04:05 |one is here. So market trades up into that the body stay inside of it,
767 |766 |01:04:05 ~-~-> 01:04:09 |respects it and then breaks away during the 150, to 210, macro, as you would
768 |767 |01:04:09 ~-~-> 01:04:13 |expect, in the direction we're looking for, it trades down lower. It trades
769 |768 |01:04:13 ~-~-> 01:04:18 |below the 20,009 43 level, which is February 3, sell side, liquidity pool
770 |769 |01:04:18 ~-~-> 01:04:22 |daily chart. Look at that exit levels I gave you in advance before it happened.
771 |770 |01:04:22 ~-~-> 01:04:26 |The market trades down, consolidates in here into the 250 to 310 macro using
772 |771 |01:04:26 ~-~-> 01:04:30 |this self signed efficiency, it fails to do what work inside the upper half.
773 |772 |01:04:30 ~-~-> 01:04:34 |That's exactly what you want to see it do. The algorithm is flagging and
774 |773 |01:04:34 ~-~-> 01:04:40 |saying, Hey, hello, I'm about to go lower quickly. And then the market drops
775 |774 |01:04:40 ~-~-> 01:04:45 |out during the 250 the 310 macro. One more fair value gap in here, and it
776 |775 |01:04:45 ~-~-> 01:04:50 |dives down in and then you have market on close, which is the 350 to four
777 |776 |01:04:50 ~-~-> 01:04:54 |o'clock, that last little flurry of activity where the markets are being
778 |777 |01:04:54 ~-~-> 01:04:58 |driven algorithmically. And the market dries down one more time below the
779 |778 |01:04:58 ~-~-> 01:05:04 |November 19, 2024, Low for the sell side, dives down, falls just short of
780 |779 |01:05:04 ~-~-> 01:05:08 |that old inefficiency that I told you it would be a target on the downside on the
781 |780 |01:05:08 ~-~-> 01:05:15 |daily chart, okay, and on Friday, I was not able to spend time with you all. I
782 |781 |01:05:15 ~-~-> 01:05:23 |was like I said. I was in my fields and doing things in my personal time opening
783 |782 |01:05:23 ~-~-> 01:05:28 |range gap and first percent of everybody gap in white. So the market trades down
784 |783 |01:05:28 ~-~-> 01:05:32 |into it there, rallies up one more time, digs down into it, and then we have this
785 |784 |01:05:32 ~-~-> 01:05:35 |little gap here. I wasn't watching at the time. Otherwise I would have bought
786 |785 |01:05:35 ~-~-> 01:05:39 |it there. But inside here, once we traded down into that, I went long and
787 |786 |01:05:39 ~-~-> 01:05:43 |aimed for just a simple little buy, sell, liquidity pool. They got out on
788 |787 |01:05:43 ~-~-> 01:05:47 |this run here, and it retraced all the way back down and went lower than the
789 |788 |01:05:47 ~-~-> 01:05:51 |first sensor fair value cap, but didn't take out the low. So it's a lower
790 |789 |01:05:51 ~-~-> 01:05:55 |quadrant of that blue shaded area on the daily chart. So remember what this blue
791 |790 |01:05:55 ~-~-> 01:06:00 |shaded area is. Is the very first chart I showed at this recording. Go and add
792 |791 |01:06:00 ~-~-> 01:06:05 |your gradients on that level based on the daily chart, and you'll see where
793 |792 |01:06:05 ~-~-> 01:06:08 |it's trading down to here. Then it rallies back up above the opening range
794 |793 |01:06:08 ~-~-> 01:06:12 |gap down into first resent the fair value gap once more for the afternoon
795 |794 |01:06:12 ~-~-> 01:06:18 |session, and then rallies up and trades back to February 3 old daily low at
796 |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
797 |796 |01:06:24 ~-~-> 01:06:29 |is the and I can't obviously show you that the markets are open at the time
798 |797 |01:06:29 ~-~-> 01:06:33 |when I made the recording here, this is market close. If you do Market Replay,
799 |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
800 |799 |01:06:36 ~-~-> 01:06:40 |doing that. Okay, for the for the guys that keep asking, Why am I always
801 |800 |01:06:40 ~-~-> 01:06:44 |showing this? It's the constant reminder that what I'm executing and when I'm
802 |801 |01:06:44 ~-~-> 01:06:49 |calling this stuff live in Telegram, any execution you see me doing is not on
803 |802 |01:06:49 ~-~-> 01:06:55 |Market Replay, it's live market executions. Okay, so I went long into
804 |803 |01:06:55 ~-~-> 01:06:59 |this gap here, and then these relative equal highs. There's buy side there, and
805 |804 |01:06:59 ~-~-> 01:07:03 |there you go. So I'm highlighting there, so you can see the actual little carrot
806 |805 |01:07:04 ~-~-> 01:07:08 |entry right there at the top of that gap. That was my entry. And then the
807 |806 |01:07:08 ~-~-> 01:07:14 |price level, you can see a 20,006 85.25 that is right in this proximity, which
808 |807 |01:07:14 ~-~-> 01:07:17 |is right above here, is what I was aiming for, and that's what that exit
809 |808 |01:07:17 ~-~-> 01:07:24 |is. So it was a quick little, you know, grocery getter. Type setup, simple,
810 |809 |01:07:24 ~-~-> 01:07:29 |easy, and then after it takes my target that I gave you on the daily chart, then
811 |810 |01:07:29 ~-~-> 01:07:34 |I can start working towards doing reversal patterns with a greater degree
812 |811 |01:07:34 ~-~-> 01:07:35 |of confidence. I
813 |812 |01:07:44 ~-~-> 01:07:47 |That's it for this one, folks, I hope you found insightful. I appreciate your
814 |813 |01:07:47 ~-~-> 01:07:50 |patience and not getting on me about not delivering on the Thursday and the
815 |814 |01:07:50 ~-~-> 01:07:55 |Friday, so until I talk to you on Monday, Lord willing, enjoy your
816 |815 |01:07:55 ~-~-> 01:07:56 |weekend. Be safe. You.