1 | 00:00:20 --> 00:00:32 | ICT: All right, folks, welcome back. All right. So this is a weekly summary as of |
2 | 00:00:33 --> 00:00:42 | weekending March 21 2025 and at the end of the lecture and review, I'll do a |
3 | 00:00:42 --> 00:00:46 | little bit of a shotgun Saturday. So I'm kind of like blending everything |
4 | 00:00:48 --> 00:00:54 | together. My goal is, once I'm back to normal with my health, if I can get it |
5 | 00:00:54 --> 00:01:03 | there the weekend, will have something like this each Saturday, and if my |
6 | 00:01:03 --> 00:01:07 | schedule doesn't permit it Saturday, then it'll be Sunday or maybe earlier on |
7 | 00:01:07 --> 00:01:15 | Friday evening. But this is kind of like where I review basically the week. I |
8 | 00:01:15 --> 00:01:21 | will talk about things that are, in my opinion, encouragement, and also teach |
9 | 00:01:21 --> 00:01:26 | something that salient for that week. What was useful? How did I use certain |
10 | 00:01:26 --> 00:01:33 | things? Whether it be I show it in Telegram for the free students that are |
11 | 00:01:33 --> 00:01:38 | in there watching me call the market and trade and then, or if I share an |
12 | 00:01:38 --> 00:01:42 | example, you know after the fact. In other words, if it's something that I've |
13 | 00:01:42 --> 00:01:47 | done with a family member, or my son, that I worked with him or worked with, |
14 | 00:01:47 --> 00:01:51 | like presently, this past week, I worked with my niece, trying to teach her how |
15 | 00:01:51 --> 00:01:57 | to build a model and use what I'm basically doing in 2025 in front of all |
16 | 00:01:57 --> 00:02:02 | of you. But I can keep going on and on with a big, long monolog. And I don't |
17 | 00:02:02 --> 00:02:06 | want to do that, but I just kind of like want to thank you for your patience, |
18 | 00:02:06 --> 00:02:10 | because you probably noticed I have not been putting on videos a lot, and I |
19 | 00:02:10 --> 00:02:18 | haven't been feeling well. So as soon as I can get myself back to a point of, I |
20 | 00:02:18 --> 00:02:22 | guess, wellness, to be able to do it. I'm in a lot of pain every day, so |
21 | 00:02:22 --> 00:02:26 | that's that's what's preventing me. And I'm going to try to get through this one |
22 | 00:02:26 --> 00:02:29 | with a lot of probably edits that you won't be aware of, but there will be |
23 | 00:02:29 --> 00:02:34 | lots of them because of the pain and discomfort I'm feeling while I'm going |
24 | 00:02:34 --> 00:02:41 | through it. All right, so we're looking at the week ending March 21 2025 and |
25 | 00:02:41 --> 00:02:49 | we're focusing only on NASDAQ. All right, so this is a weekly chart, and |
26 | 00:02:49 --> 00:02:54 | I'm showing the continuous chart on trading view, and if you pull up |
27 | 00:02:54 --> 00:02:59 | enqueue, just put that in the Search tab and then click on the Nasdaq futures, |
28 | 00:03:00 --> 00:03:05 | it'll give you the top option, which is the continuous chart. So that's what |
29 | 00:03:05 --> 00:03:10 | we're showing here. And I'm going to contrast that with the actual contract |
30 | 00:03:10 --> 00:03:16 | month for delivery, June 2025, but this is the weekly continuation or continuous |
31 | 00:03:16 --> 00:03:23 | chart, rather, when this is the actual teachers contract for June delivery 2025 |
32 | 00:03:24 --> 00:03:28 | and I want to spend a little bit of time here not long, just a couple minutes. |
33 | 00:03:28 --> 00:03:36 | And then we're going to focus on what the NASDAQ did on Friday and how it |
34 | 00:03:36 --> 00:03:41 | worked inside of the range for the week. And I'm going to teach you something |
35 | 00:03:41 --> 00:03:47 | that is algorithmic around the opening range. Okay, so we're looking at the |
36 | 00:03:47 --> 00:03:50 | daily chart here, and the only thing I really want to bring your attention to, |
37 | 00:03:50 --> 00:03:54 | first and foremost, is I don't know what the opening price is going to be on |
38 | 00:03:54 --> 00:03:59 | Sunday. Nobody does. And since no one knows what that is, we all have to |
39 | 00:03:59 --> 00:04:04 | submit to that and wait when that opening price is delivered on Sunday at |
40 | 00:04:04 --> 00:04:11 | 6pm eastern time, then we could start worrying about what may or may not |
41 | 00:04:11 --> 00:04:16 | happen for the week. Okay, so the analysis that I do on the weekend, |
42 | 00:04:16 --> 00:04:20 | whether it be Friday evening after the market closes and my family goes to |
43 | 00:04:20 --> 00:04:25 | sleep and I'm up, or if it's during Saturday when I have the opportunity to |
44 | 00:04:25 --> 00:04:33 | do so. And as you know, I posted on X that I'd be posting this video up on my |
45 | 00:04:33 --> 00:04:37 | YouTube channel about 2pm and real life got in the way, and my wife pulled my |
46 | 00:04:37 --> 00:04:41 | attention away from it, so that had to be a little bit later. So if everything |
47 | 00:04:41 --> 00:04:46 | goes well, this should be up at 4pm Eastern Time, Saturday, March, 22 2025 |
48 | 00:04:48 --> 00:04:52 | Let's hope so, right. So, because I don't know what the opening price is on |
49 | 00:04:52 --> 00:04:59 | Sunday, I'm going to give you what I believe is likely to occur. This is what |
50 | 00:04:59 --> 00:05:04 | I'm. Personally looking for, and I'm also going to give you the things that |
51 | 00:05:04 --> 00:05:07 | would be contrary, because I don't know what Sunday's opening price is going to |
52 | 00:05:07 --> 00:05:12 | be, and it may change what I'm going to share here. And it's been like that ever |
53 | 00:05:12 --> 00:05:17 | since I started teaching. My private students in mentorship will confirm this |
54 | 00:05:17 --> 00:05:20 | is how it's always been. We have to submit to whatever the opening price is |
55 | 00:05:20 --> 00:05:23 | on Sunday, and then we can start running calculations, and then we can start |
56 | 00:05:23 --> 00:05:26 | doing our projections and what we think the weekly high is going to be, what the |
57 | 00:05:26 --> 00:05:30 | weekly low is going to be, the daily highs and daily all those things, they |
58 | 00:05:30 --> 00:05:34 | are much easier to do once we know where the week opens. And because of all the |
59 | 00:05:34 --> 00:05:37 | things with tariffs and all the trade wars and all the things that I told you |
60 | 00:05:38 --> 00:05:44 | back in well Old Quarter spaces. We're seeing that come to fruition now, and |
61 | 00:05:44 --> 00:05:48 | it's making things a little bit more complex from the fundamental side. And |
62 | 00:05:48 --> 00:05:52 | that's the reason why I don't focus primarily on fundamentals. I trust the |
63 | 00:05:52 --> 00:05:57 | technicals will give me everything I need. And if I'm wrong, I'm okay. I'm |
64 | 00:05:57 --> 00:06:04 | okay with being wrong, but I'm not astute enough to decipher, or, you know, |
65 | 00:06:04 --> 00:06:10 | break down, what the fundamental aspects are going to be. Because no matter how |
66 | 00:06:10 --> 00:06:14 | long you've been doing this, if you lay the fundamental data in front of, you |
67 | 00:06:14 --> 00:06:18 | know, a room full of people or traders, they're not all going to come to the |
68 | 00:06:18 --> 00:06:22 | same consensus. So it's an opinion, and I'd rather have my opinion derived from |
69 | 00:06:22 --> 00:06:26 | the technicals inside price action than that of trying to decipher what |
70 | 00:06:26 --> 00:06:32 | fundamental data is going to be salient or not. So if you look at this little |
71 | 00:06:32 --> 00:06:39 | area right up in here, this is a volume imbalance, okay? And what makes it a |
72 | 00:06:39 --> 00:06:43 | volume imbalance is the fact that there are two candles that are touching one |
73 | 00:06:43 --> 00:06:51 | another only by the wicks the bodies are not touching at all. So that little |
74 | 00:06:51 --> 00:06:58 | segment, that's where my eye jumps to. And I believe since we have basically |
75 | 00:06:58 --> 00:07:03 | staved off any kind of lower prices on Thursday and Friday. Friday, it looked |
76 | 00:07:03 --> 00:07:07 | like it was going to break a little bit more aggressive, but it only went down |
77 | 00:07:07 --> 00:07:09 | to the balanced price range, which we'll talk about again. And then a couple |
78 | 00:07:09 --> 00:07:15 | slides from now, once it took out that low, which what we were aiming for, then |
79 | 00:07:15 --> 00:07:22 | it pulled back, and we traded near the upper portion of the weekly range. I'm |
80 | 00:07:22 --> 00:07:31 | under the opinion, let's say it that way, that should we take out Thursday's |
81 | 00:07:31 --> 00:07:37 | high? We're going to take out this high. And then if we do that, and don't reject |
82 | 00:07:37 --> 00:07:43 | there, it's going to gravitate up towards here. Now there's supposed to be |
83 | 00:07:43 --> 00:07:48 | something that's, you know, impactful April 2 as it relates to tariffs and |
84 | 00:07:48 --> 00:07:52 | such. I'm not going to go into detail, because I just go through the headlines. |
85 | 00:07:53 --> 00:07:56 | I don't ever read articles. I don't do any kind of stuff, but I like to look |
86 | 00:07:56 --> 00:08:02 | for financial headlines that kind of like point to certain dates or promote |
87 | 00:08:02 --> 00:08:09 | fear or exuberance, excitement about something being moving in one direction |
88 | 00:08:09 --> 00:08:12 | or another, and usually when their headlines are talking about it, it's |
89 | 00:08:12 --> 00:08:16 | already been moving for a while. So I like to fade those types of things. But |
90 | 00:08:16 --> 00:08:21 | when it comes to tariffs, I'm kind of like keeping my cards close to my vest, |
91 | 00:08:21 --> 00:08:27 | meaning that I'll just have to take it how I see it when it occurs. So April 2, |
92 | 00:08:27 --> 00:08:32 | I'm looking for still lower prices. I don't think that we have made a low |
93 | 00:08:32 --> 00:08:37 | here, at least from the technicals that I see here, nothing in here suggests |
94 | 00:08:37 --> 00:08:41 | that we're going to trade, you know, back up to the highs up here, and that |
95 | 00:08:41 --> 00:08:46 | that's simply not in the cards for me. But I believe, because we've spent a lot |
96 | 00:08:46 --> 00:08:49 | of time back and forth in here with all these candlesticks, the only real |
97 | 00:08:49 --> 00:08:55 | separation from where we are right now on Friday's close to that of this price |
98 | 00:08:55 --> 00:09:00 | run here, from this short term high down to that low. This little area here is |
99 | 00:09:00 --> 00:09:05 | the only portion of price action that's somewhat broken. In other words, if this |
100 | 00:09:05 --> 00:09:12 | was like a metal chain, this would be the weak link. So it's gonna, most |
101 | 00:09:12 --> 00:09:17 | likely, I'm not suggesting it's gonna have to do this, but I'm on the opinion |
102 | 00:09:17 --> 00:09:22 | that it wants to maybe go back up in there and lay a candlestick back inside |
103 | 00:09:22 --> 00:09:27 | this little separation between these two candles bodies, then we could see it |
104 | 00:09:27 --> 00:09:32 | roll over. Now, if we roll over into next week and just don't even come back |
105 | 00:09:32 --> 00:09:37 | up there, that's exceedingly weak, and then we're looking for things below |
106 | 00:09:37 --> 00:09:44 | 19,000 so it remains to be seen where we open up on Sunday. So that's the the |
107 | 00:09:44 --> 00:09:49 | windshield view, what I think is likely to occur going to next week. But again, |
108 | 00:09:49 --> 00:09:54 | that prognostication may not be accurate, because I don't know what the |
109 | 00:09:54 --> 00:09:59 | Sunday opening prices. So if you've gone through my mentorship core content, |
110 | 00:09:59 --> 00:10:02 | you've heard. Me talk about this before. It's not the first time I've broken up, |
111 | 00:10:03 --> 00:10:06 | and you can watch those videos on my YouTube channel for free. Do not pay |
112 | 00:10:06 --> 00:10:11 | people to buy my mentorship videos. They're absolutely on my YouTube channel |
113 | 00:10:11 --> 00:10:13 | and have at it. So all |
114 | 00:10:14 --> 00:10:19 | right, and this is the hourly chart, and that segmented little break in price |
115 | 00:10:19 --> 00:10:25 | action that I highlighted on the daily chart that's being shown here on the |
116 | 00:10:25 --> 00:10:29 | canvas of a one hour chart, as you can see here. So this is the daily volume |
117 | 00:10:29 --> 00:10:34 | imbalance, and this is the price range that we've had basically for the |
118 | 00:10:34 --> 00:10:45 | entirety of March. This, to me, it kind of it relies on your ability to trust |
119 | 00:10:45 --> 00:10:50 | what you've done in the past as a trader. And that's why I'm saying that |
120 | 00:10:50 --> 00:10:55 | I'm willing to see it go up here into this volume imbalance. That's what I |
121 | 00:10:55 --> 00:10:59 | like to see. Because if it can get up there and then reject it's only gone up |
122 | 00:10:59 --> 00:11:05 | to put in that little patchwork on the daily chart, then it would free it up to |
123 | 00:11:05 --> 00:11:13 | expand and explore lower prices, below the lows that's been formed here and |
124 | 00:11:13 --> 00:11:20 | here. So we're going to see, obviously, you know, Sunday, going into Monday's |
125 | 00:11:20 --> 00:11:30 | trading, what they're aiming for buy side is here initially, because we have |
126 | 00:11:30 --> 00:11:33 | this high and we have the slightly higher high. Now I could very easily |
127 | 00:11:33 --> 00:11:37 | just say, Well, let me just anchor to that. But because we're in a really |
128 | 00:11:38 --> 00:11:42 | prolonged trading range, it could just very well trade above this high and then |
129 | 00:11:42 --> 00:11:47 | just bump that high and never get above that high. So when we're playing inside |
130 | 00:11:47 --> 00:11:50 | of a large trading range like this, I like to be a little bit more nimble and |
131 | 00:11:50 --> 00:11:55 | not require it to do the extremes. So you can, you can make a whole lot of |
132 | 00:11:55 --> 00:12:02 | wonderful setups using 75 to 80% of the trading range, high and low, and never |
133 | 00:12:02 --> 00:12:07 | trade outside the range, and use these smaller, short term highs and lows |
134 | 00:12:07 --> 00:12:13 | inside that larger range, meaning that this was the high of the range and this |
135 | 00:12:13 --> 00:12:19 | being the low of the range down here, if we put a fib on that and put In 80 and |
136 | 00:12:19 --> 00:12:27 | 20 as the levels if every swing high that was at or just above, but not the |
137 | 00:12:27 --> 00:12:32 | actual high here of the trading range that's being shown here. If you look at |
138 | 00:12:32 --> 00:12:43 | the extremes of 75 to 80% or the lower extreme, and not you're seeing the 20% I |
139 | 00:12:43 --> 00:12:50 | believe that you would be able to focus on the ideal little intraday turtle soup |
140 | 00:12:50 --> 00:12:55 | formations. They could act as targets, or they can act as new injuries. But |
141 | 00:12:55 --> 00:12:58 | because we're looking at analysis and we're looking for forward thinking |
142 | 00:12:58 --> 00:13:07 | setups, the cell side that I like is here, right there. Notice that it's |
143 | 00:13:07 --> 00:13:12 | below the low here and this low here. Now, why am I making the jump to this |
144 | 00:13:12 --> 00:13:20 | low here? Why didn't I use the same logic here? Well, it's because this low |
145 | 00:13:20 --> 00:13:26 | actually went just below that one here, so this is already lower than that one. |
146 | 00:13:26 --> 00:13:30 | So that means that it would technically be this low and this low being the |
147 | 00:13:30 --> 00:13:35 | relative equal low. So I'm going to take your attention to the lower one, because |
148 | 00:13:35 --> 00:13:38 | in a perfect world, all things being equal, that's where the sell side is |
149 | 00:13:38 --> 00:13:41 | going to be. I could be wrong. I'm completely content with being wrong. |
150 | 00:13:41 --> 00:13:47 | Sometimes you've seen me get my targets hit by price delivery, but the limit |
151 | 00:13:47 --> 00:13:51 | order simply not get filled. And that's unfortunately, the price you pay when |
152 | 00:13:51 --> 00:13:54 | you're trying to be so surgical and precise, and it's actually a compliment |
153 | 00:13:54 --> 00:13:57 | to your trading. If you can't get filled on your limit order, you're trying to |
154 | 00:13:57 --> 00:14:01 | get out the high and low, and you can't get filled someone that may be a |
155 | 00:14:01 --> 00:14:06 | detractor, or someone that's, you know, hateful, playful online, they would say, |
156 | 00:14:06 --> 00:14:10 | you know, something condescending about that. To me, I think that it's a |
157 | 00:14:10 --> 00:14:13 | wonderful testimony that you knew exactly what you're looking for, and the |
158 | 00:14:13 --> 00:14:20 | level of precision is so thin that it did not even fill your limit order. I've |
159 | 00:14:20 --> 00:14:24 | actually had trades go right to my limit order and one tick or two ticks above |
160 | 00:14:24 --> 00:14:30 | and still not fill me again. Is that? Is that a weakness? Is that a lack of |
161 | 00:14:30 --> 00:14:35 | prowess as a trader? Absolutely not. It just means that they simply denied your |
162 | 00:14:35 --> 00:14:39 | fill. And that's going to happen when you're trading with real money. So those |
163 | 00:14:39 --> 00:14:44 | are my liquidity pools on the hourly chart. I'm going to drop down into a 15 |
164 | 00:14:44 --> 00:14:49 | minute time frame. And here is that balance price range, and I have it very |
165 | 00:14:49 --> 00:14:58 | lightly shaded, but if you're a member of my telegram, it is very, I guess, |
166 | 00:14:58 --> 00:15:03 | satisfying. I. To see what we were looking for this week, trade down just |
167 | 00:15:03 --> 00:15:09 | below that low by a tick. Look at that, that little, tiny, little stab below |
168 | 00:15:09 --> 00:15:13 | that. And then we had all this price movement moving higher. We're going to |
169 | 00:15:13 --> 00:15:16 | break down Friday's price action, but I want you to take a look at this 15 |
170 | 00:15:16 --> 00:15:23 | minute time frame. Pause the video and think about why price went to this level |
171 | 00:15:23 --> 00:15:29 | here before closing, all the way from this low all the way up here. Why did it |
172 | 00:15:29 --> 00:15:36 | draw here? Okay, look at what you did in your own analysis. Look at what you did |
173 | 00:15:36 --> 00:15:42 | in your trading. And then, when you're ready, unpause the video. If you don't, |
174 | 00:15:42 --> 00:15:45 | you don't pause the video. These are really wonderful opportunities that |
175 | 00:15:45 --> 00:15:50 | you're going to miss if you don't participate interactively. Okay, so it |
176 | 00:15:50 --> 00:15:53 | gives you the opportunity to look for the reasons why price did something, |
177 | 00:15:54 --> 00:15:57 | versus just simply watching the video and saying, Oh, well, you know, you |
178 | 00:15:57 --> 00:16:00 | know, I would have saw that. And that would be unfortunate, because most of my |
179 | 00:16:00 --> 00:16:04 | students like to say things that they really wouldn't have done if they |
180 | 00:16:05 --> 00:16:09 | followed the directions. And pause the video you don't know. You can't trust |
181 | 00:16:09 --> 00:16:13 | your progress and or learning and measure it accurately unless you do |
182 | 00:16:13 --> 00:16:17 | these exercises. That's why I put them in there. So pause the video when you're |
183 | 00:16:17 --> 00:16:26 | ready. Unpause it. You didn't pause it? Did you tell me you just don't want to |
184 | 00:16:26 --> 00:16:30 | listen, so I want to take your attention to that candlestick right there. That's |
185 | 00:16:30 --> 00:16:37 | 10am on Thursday. Okay, I'm not going to add it to the annotations, but I want |
186 | 00:16:37 --> 00:16:41 | you to write that down in your notes. And you should be writing things down as |
187 | 00:16:41 --> 00:16:44 | I'm talking to you in these lectures. If you're simply watching it like Netflix, |
188 | 00:16:44 --> 00:16:48 | you're never going to retain it. You're not going to remember it, and you're |
189 | 00:16:48 --> 00:16:51 | certainly not going to be inspired to take the information that you gleaned |
190 | 00:16:51 --> 00:16:54 | from it and go into your charts looking for it. If you're not writing things |
191 | 00:16:54 --> 00:16:57 | down that I'm talking about, you're wasting your time. I'm not wasting my |
192 | 00:16:57 --> 00:17:01 | time. You're wasting yours. So don't waste your time. Do it the right way. |
193 | 00:17:01 --> 00:17:05 | Take notes. But that 10 o'clock candlestick right there, I want you to |
194 | 00:17:05 --> 00:17:10 | annotate that. Okay? Because we're going to refer to that at the last few minutes |
195 | 00:17:10 --> 00:17:20 | of the review, if you will. Rightness the five minute chart. And again, I want |
196 | 00:17:20 --> 00:17:27 | you to think about what you see here in this chart. And I won't ask you to pause |
197 | 00:17:27 --> 00:17:33 | the video, but again, in that same proximity right in here, I want you to |
198 | 00:17:33 --> 00:17:40 | look at that on your chart as well. I'm going to annotate that. Now. We're going |
199 | 00:17:40 --> 00:17:45 | to break things down. This level is the low of that balanced price range that I |
200 | 00:17:45 --> 00:17:49 | gave you in the telegram channel before it traded down through it with high |
201 | 00:17:49 --> 00:17:54 | resistance liquidity conditions. It went right down to it and through it by tick. |
202 | 00:17:54 --> 00:17:59 | And that was the low. That was the low of Friday, and then all the way back up |
203 | 00:17:59 --> 00:18:07 | to here. Wouldn't it be interesting? Wouldn't it be enigmatic, if you could |
204 | 00:18:07 --> 00:18:13 | determine where that high was going to be? Now you've seen me do things already |
205 | 00:18:13 --> 00:18:16 | this year, and if you've been with me for a long time, especially paid |
206 | 00:18:16 --> 00:18:19 | membership and mentorship students, they've seen me do things that are |
207 | 00:18:19 --> 00:18:26 | extremely precise, and I'm not here to show off. Okay, I could. I could put on |
208 | 00:18:26 --> 00:18:31 | the ICT mask and and do all the Stone Cold Steve Austin, you know, theatrics |
209 | 00:18:31 --> 00:18:36 | and stuff. But I'm hopefully past that you guys can just simply just absorb the |
210 | 00:18:36 --> 00:18:40 | information I'm sharing, and we can talk like we've been with friends for a long |
211 | 00:18:40 --> 00:18:49 | time, looking at that price run from that low mouse here, that low up to |
212 | 00:18:49 --> 00:18:53 | here. We're going to look at all that price action right there. And I want you |
213 | 00:18:53 --> 00:18:56 | to think about it, okay, because there are a lot of people that are still |
214 | 00:18:56 --> 00:19:01 | jawboning and telling you, as a student of mine, that there is no algorithm. |
215 | 00:19:01 --> 00:19:06 | They're going to tell you that there's no rhyme or reason to the candlesticks, |
216 | 00:19:07 --> 00:19:11 | there's no justifiable means to an end. By looking at the things that I'm |
217 | 00:19:11 --> 00:19:15 | showing in the chart, they all just cherry pick. That's what they're going |
218 | 00:19:15 --> 00:19:18 | to tell you. But you're seeing that is not true because you're watching me do |
219 | 00:19:18 --> 00:19:24 | it live, candle by candle, in a very large audience, and I've had a large |
220 | 00:19:24 --> 00:19:28 | audience following me for years behind a pay wall, and I've been doing these |
221 | 00:19:28 --> 00:19:34 | things ever since, and I've been doing it a lot longer than 2016 as well. But I |
222 | 00:19:34 --> 00:19:35 | want you to think about |
223 | 00:19:36 --> 00:19:40 | if there is an algorithm, say you're on the fence, say that you came to this |
224 | 00:19:40 --> 00:19:42 | video for the first time. You heard on that guy that talks about the algorithm. |
225 | 00:19:42 --> 00:19:46 | About the algorithm. I'm the guy that knows, you know this, that and the other |
226 | 00:19:46 --> 00:19:53 | thing, okay, I want to challenge you. I want you to I want you to think about |
227 | 00:19:53 --> 00:19:59 | how might a algorithm deliver price if there really is something at work you. |
228 | 00:20:00 --> 00:20:05 | If there's an engine behind the scenes that's controlling the spooling effect |
229 | 00:20:05 --> 00:20:10 | of price action, where it starts to real run and just reach to liquidity or |
230 | 00:20:10 --> 00:20:16 | inefficiencies. When would it do it? Wouldn't it do it by a specific time? |
231 | 00:20:17 --> 00:20:21 | Wouldn't it do it if it was bullish or bearish, either way, wouldn't it be seen |
232 | 00:20:22 --> 00:20:27 | in the bullish phases, in the bearish phases, even in an intraday price chart, |
233 | 00:20:27 --> 00:20:30 | you would be able to see that when you I'm going to talk about a lot of things |
234 | 00:20:30 --> 00:20:34 | here that answers a lot of questions that came to me by my own personal |
235 | 00:20:34 --> 00:20:38 | students that are behind a pay wall. And these are questions that come to me in |
236 | 00:20:38 --> 00:20:43 | the comment section because, it doesn't look like there's a comment section |
237 | 00:20:43 --> 00:20:46 | that's open and people are leaving comments, but you just can't read them. |
238 | 00:20:46 --> 00:20:50 | There's a lot of people that are posting things that are crypto oriented. They're |
239 | 00:20:51 --> 00:20:55 | just basically spamming the comment section on my YouTube channel. So |
240 | 00:20:55 --> 00:21:01 | obviously, if you want to bring some heat towards me, I'm literally on x |
241 | 00:21:01 --> 00:21:05 | where everybody can talk to me. So I'm not hiding behind the comment section on |
242 | 00:21:05 --> 00:21:10 | YouTube channel. I'm just babysitting no one in that comment section. Really. I |
243 | 00:21:10 --> 00:21:15 | just want to have the ability to see people's comments and all the adoration. |
244 | 00:21:15 --> 00:21:20 | And, you know, the appreciation, majority of it is 99.9% of it, it's |
245 | 00:21:21 --> 00:21:25 | that. But the folks that you know want to basically try to troll me, you're |
246 | 00:21:25 --> 00:21:29 | wasting your time because no one's going to see that comment. But I'm including |
247 | 00:21:29 --> 00:21:33 | it. Here's that way. You can take it to x, because you can tweet directly to me, |
248 | 00:21:33 --> 00:21:37 | okay? Or what do you call it? What do you call it now, if it's not Twitter, is |
249 | 00:21:37 --> 00:21:41 | it? It's not tweet, I guess it's just a post you can post to me, and everybody |
250 | 00:21:41 --> 00:21:45 | that sees me, they'll see your comment. And like I said, I'm not hiding from |
251 | 00:21:45 --> 00:21:49 | anything or anyone, but I want you to think about some of the things that |
252 | 00:21:49 --> 00:21:55 | might be problematic with this storyline of a algorithm or not having an |
253 | 00:21:55 --> 00:22:00 | algorithm, because if there is an algorithm, then there should be some |
254 | 00:22:00 --> 00:22:06 | measure of repeating phenomenon based on time, because if there's an algorithm, |
255 | 00:22:06 --> 00:22:09 | it's not going to randomly generate price runs. |
256 | 00:22:09 --> 00:22:14 | Think about it. It would be chaos. And if they're going to go |
257 | 00:22:14 --> 00:22:20 | to the trouble of creating an algorithm, hire individuals to code to put these |
258 | 00:22:20 --> 00:22:27 | things in play, and why wouldn't it be structured? Why wouldn't it be time |
259 | 00:22:27 --> 00:22:34 | based? Why wouldn't it be in a form and fashion that is predictable? That's |
260 | 00:22:34 --> 00:22:38 | that's what I'm trying to challenge you with here. Okay, I want you to think |
261 | 00:22:38 --> 00:22:42 | about that, because if there is an algorithm, you will see signatures that |
262 | 00:22:42 --> 00:22:47 | repeat and they're going to be timed. They're going to be very specifically |
263 | 00:22:47 --> 00:22:53 | time based price runs. That means they begin and or end at very specific times. |
264 | 00:22:54 --> 00:23:02 | Think about that, because this is the easiest way to run a litmus test against |
265 | 00:23:02 --> 00:23:06 | the theory that I'm promoting and have been promoting for a long, long time. |
266 | 00:23:08 --> 00:23:12 | There's a lot of people out there they know about algorithms in trading, and |
267 | 00:23:12 --> 00:23:15 | there's a lot of people that'll say, yeah, there's lots of algorithms out |
268 | 00:23:15 --> 00:23:18 | there. Yeah, there's lots of algorithms out there, high frequency trading |
269 | 00:23:18 --> 00:23:23 | algorithms, there's higher Time Frame algorithms, all those things, they're |
270 | 00:23:23 --> 00:23:28 | true, but that's not what I'm talking about. That's not what I'm talking |
271 | 00:23:28 --> 00:23:36 | about. How can listen now? How can all of those various large institutions that |
272 | 00:23:36 --> 00:23:40 | use high frequency trading algorithms, they use algorithms to put themselves in |
273 | 00:23:40 --> 00:23:46 | very large positions. They're not always high frequency trading algorithms, but |
274 | 00:23:46 --> 00:23:50 | they have an algorithm that facilitates their trades when they put them into the |
275 | 00:23:50 --> 00:24:00 | marketplace. If, if we cannot see time based signatures, if we can't see that |
276 | 00:24:01 --> 00:24:06 | based on the logic that I've already taught. I've already taught these very |
277 | 00:24:06 --> 00:24:12 | specific times. And you see my students all around the world, they're taking |
278 | 00:24:12 --> 00:24:17 | money out of Prop firms, huge amounts of money out of the prop firms. They're |
279 | 00:24:17 --> 00:24:21 | trading their own accounts with real, live, regulated brokers like amp, global |
280 | 00:24:22 --> 00:24:28 | trade station, Ninja Trader, all of these big names. I have students in |
281 | 00:24:28 --> 00:24:36 | every one of those areas, and they're taking down huge, huge deposits turning |
282 | 00:24:36 --> 00:24:43 | to large withdrawals. We're taking money out using what I'm teaching and what |
283 | 00:24:43 --> 00:24:49 | I've taught, and as its creator, Nothing pleases me more than to see that, and |
284 | 00:24:49 --> 00:24:52 | I'm not wasting my time by teaching this, because I knew there is another |
285 | 00:24:52 --> 00:24:56 | wave of you. They're going to sit down and you're going to be inspired by what |
286 | 00:24:56 --> 00:25:00 | I'm going to show you here today, because this is going to slap. Is the |
287 | 00:25:00 --> 00:25:06 | mouth of anyone that says there isn't an algorithm. It's going to basically stand |
288 | 00:25:06 --> 00:25:13 | in the face of them and defiantly say, prove this doesn't happen. Because if |
289 | 00:25:13 --> 00:25:20 | you can't prove it doesn't happen, you don't have an argument. If you can't |
290 | 00:25:20 --> 00:25:25 | wrestle with the facts that I'm going to provide here and just simply admit |
291 | 00:25:25 --> 00:25:30 | there's just, there's no shame in it, wouldn't it? Wouldn't it be advantageous |
292 | 00:25:31 --> 00:25:37 | if you were to simply see the fruits of it, the truth behind it all, and then |
293 | 00:25:37 --> 00:25:40 | say, You know what? This makes a whole lot more sense now, because if it's a |
294 | 00:25:40 --> 00:25:45 | random market, that's scary to me, that's scary to me, but when you hear |
295 | 00:25:45 --> 00:25:50 | someone say, the markets are rigged to the tick in their time based delivery, |
296 | 00:25:50 --> 00:25:52 | it doesn't matter what the buying selling pressure is, because that's not |
297 | 00:25:52 --> 00:26:00 | a facilitating factor. It would create the high and low, What? What? Yeah, |
298 | 00:26:00 --> 00:26:04 | that's exactly what it is. There's no buying and selling pressure. The |
299 | 00:26:05 --> 00:26:09 | algorithm is going to keep delivering price higher or lower until it takes it |
300 | 00:26:09 --> 00:26:15 | to a price that is already determined as a objective, and it's going to deliver |
301 | 00:26:15 --> 00:26:22 | it to a specific time, or with any measure of time that's like a macro. |
302 | 00:26:23 --> 00:26:27 | It's the last 10 minutes to the top of the hour, and it's the first 10 minutes |
303 | 00:26:27 --> 00:26:32 | after a brand new hour starts. Then there are macros that are very specific, |
304 | 00:26:32 --> 00:26:37 | like the lunch macro, and then the final hour of render trading hours macro, |
305 | 00:26:38 --> 00:26:43 | there's, there's four macros inside that last hour trading, virtual trading |
306 | 00:26:43 --> 00:26:48 | hours. You hear people call it power hour or worse, the last hour trading, |
307 | 00:26:48 --> 00:26:52 | something to that effect. But it's basically a very sweet spot that creates |
308 | 00:26:52 --> 00:26:58 | the extreme end of the range for the daily candlestick. I have been in other |
309 | 00:26:58 --> 00:27:04 | people's live streams, and I have called that last 10 minutes to the tick. And |
310 | 00:27:04 --> 00:27:07 | they can't hide it. In fact, they were all impressed with it as well. And you |
311 | 00:27:07 --> 00:27:11 | can go and watch all of those people. They still, they still have their live |
312 | 00:27:11 --> 00:27:18 | streams up. I'm going to share a little bit about how I do that today. Okay, |
313 | 00:27:19 --> 00:27:23 | these are things that I really didn't ever want to teach, but simply because |
314 | 00:27:23 --> 00:27:28 | I'm having a lot of fun, and hopefully the feedback will make me feel better, |
315 | 00:27:28 --> 00:27:32 | because I have not been feeling well, folks, and if you if you like what I'm |
316 | 00:27:32 --> 00:27:36 | going to share today, you let me know on x and let other people know that you |
317 | 00:27:36 --> 00:27:40 | found it helpful, because I'm not making any money off of it. I'm not making any |
318 | 00:27:40 --> 00:27:44 | money off of you leaving comments on my youtube videos because no one's reading |
319 | 00:27:44 --> 00:27:49 | them but me. But I do read every comment, and I appreciate all your |
320 | 00:27:49 --> 00:27:54 | comments. And when I'm not feeling well, physically, I read those comments and |
321 | 00:27:54 --> 00:27:57 | they inspire me, even when I don't want to do like I don't really want to do |
322 | 00:27:57 --> 00:28:02 | this video, I don't physically want to do it, but when I read other people's |
323 | 00:28:02 --> 00:28:07 | appreciation, it motivates me, and it gives me that, that drive to do it. So |
324 | 00:28:07 --> 00:28:12 | it's free to do it to me, it's not like, you know, I'm costing you any money, but |
325 | 00:28:12 --> 00:28:16 | if you're going to be here and you're trying to learn, you know, that's a nice |
326 | 00:28:16 --> 00:28:19 | currency exchange, you just let me know that you appreciate it. I'm the only one |
327 | 00:28:19 --> 00:28:23 | that can see it if it's going to be in a comment section, but let other people |
328 | 00:28:23 --> 00:28:28 | see that you got excited or this didn't do it for you, and you further convinced |
329 | 00:28:28 --> 00:28:31 | that there's no algorithm. Either one. It's good. That's fine. I don't care. |
330 | 00:28:32 --> 00:28:35 | Keep the discussion going. That's basically what I'm getting at. I'm not |
331 | 00:28:35 --> 00:28:38 | going to convince everyone, but I'm going to really twist the arm of |
332 | 00:28:39 --> 00:28:43 | individuals that have been hard lined about there is no algorithm, and then |
333 | 00:28:43 --> 00:28:46 | they're supplying and selling pressure. You're gonna have a real hard time |
334 | 00:28:46 --> 00:28:52 | swallowing that pill after this one. Finally, we made our way to the one |
335 | 00:28:52 --> 00:28:56 | minute chart. All right, so we're looking at the New York kill zone. New |
336 | 00:28:56 --> 00:29:02 | York kill zone is the same for 4x okay. It's basically the 7am Eastern Time to |
337 | 00:29:02 --> 00:29:09 | 9am now you can extend that one hour before and one hour after and just |
338 | 00:29:09 --> 00:29:13 | completely answer all the problems of daylight savings time. That's what I |
339 | 00:29:13 --> 00:29:18 | taught in my private mentorship. My students know this, so I'm giving it to |
340 | 00:29:18 --> 00:29:22 | you for years as well, so you don't have to pay for that. But if you're going to |
341 | 00:29:22 --> 00:29:26 | be a purist, I mean that you're going to stick to the rules as I first presented |
342 | 00:29:26 --> 00:29:32 | them. It's 7am Eastern Time to 9am Eastern Time. That's essentially in |
343 | 00:29:32 --> 00:29:36 | futures trading. It's pre market trading, so you're trading ahead of the |
344 | 00:29:36 --> 00:29:43 | opening bell at 930 Eastern time. So if we look at the NASDAQ on Friday, let's |
345 | 00:29:43 --> 00:29:48 | break that down in here. So we have seven o'clock starts this period here, |
346 | 00:29:48 --> 00:29:54 | all the way through till 9am Eastern Time. We have relative equal highs in |
347 | 00:29:54 --> 00:29:59 | here. The market rallies up, takes that buy side of liquidity. I'm going to |
348 | 00:29:59 --> 00:30:03 | challenge you to go. Go further to the left on your chart. I'm purposely |
349 | 00:30:03 --> 00:30:06 | leaving a lot of things out of these charts because we're going to talk about |
350 | 00:30:06 --> 00:30:09 | journaling at the end. So it's kind of like the shock on Saturday, |
351 | 00:30:09 --> 00:30:11 | encouragement and or |
352 | 00:30:12 --> 00:30:17 | where I talk a lot of things that not necessarily are appearing in the charts. |
353 | 00:30:17 --> 00:30:20 | This is that's the part that most people don't want to listen to. But these are |
354 | 00:30:20 --> 00:30:24 | the things that help you become a better trader and use the information I teach |
355 | 00:30:24 --> 00:30:29 | technically correctly. But look to the left, a little bit further over here, |
356 | 00:30:30 --> 00:30:32 | when you're one minute chart, and you'll see there's a fair value out that it |
357 | 00:30:32 --> 00:30:37 | trades up into there, but sticking just to the liquidity aspect the buy sides |
358 | 00:30:37 --> 00:30:43 | taken here, and then we break below that short term low, which is what a shift in |
359 | 00:30:43 --> 00:30:49 | market structures bears, and the market trades higher. This is model 2022, in |
360 | 00:30:49 --> 00:30:53 | and of itself, for the folks that guys, oh, I seen it working in months. I don't |
361 | 00:30:53 --> 00:30:56 | know what you're looking at, but it's working every day the market breaks |
362 | 00:30:56 --> 00:31:00 | down. And this is an institutional order flow entry drill, and that simply means |
363 | 00:31:00 --> 00:31:05 | that this candlestick didn't get completely filled in or closed in and |
364 | 00:31:05 --> 00:31:09 | repriced back to the previous candles. Low this candlesticks, buy something |
365 | 00:31:09 --> 00:31:14 | balance, sell side efficiency. Then this city, sell side imbalance, buy side |
366 | 00:31:14 --> 00:31:19 | efficiency. Creates a balanced price range there. That's why you would expect |
367 | 00:31:19 --> 00:31:24 | to see an institutional order for entry drill. The easiest way to anticipate the |
368 | 00:31:24 --> 00:31:28 | institutional order for entry drill is if there's a balanced price range in the |
369 | 00:31:28 --> 00:31:33 | fair value gap that it's trading up into nine times out of 10. If you're bearish, |
370 | 00:31:33 --> 00:31:37 | it's not going to completely close that in, and that means you can do a very |
371 | 00:31:37 --> 00:31:41 | shallow run above that high as your entry and not try to use the consequent |
372 | 00:31:41 --> 00:31:46 | encroachment or the entire range closing in on the fair Vega. Toss that in there. |
373 | 00:31:46 --> 00:31:50 | No extra charge. And then we break down with displacement again. And all of |
374 | 00:31:50 --> 00:31:54 | these candles here the lowest opening price. That's a change in a state of |
375 | 00:31:54 --> 00:31:58 | delivery. Chase up into the bare, shorter block. And then it breaks down |
376 | 00:31:58 --> 00:32:06 | there. Once we get below this low here, we do so on a expansion. It's heavy |
377 | 00:32:06 --> 00:32:09 | displacement, meaning we have a candlestick that creates, what a fair |
378 | 00:32:09 --> 00:32:16 | value, since it's done that below this low. And here's the main thing. We |
379 | 00:32:16 --> 00:32:21 | talked about this in telegram before it reached it, I told you in Telegram, I'm |
380 | 00:32:21 --> 00:32:25 | interested in getting below that balanced price range of the 18th and the |
381 | 00:32:25 --> 00:32:30 | 19th of March, a big block of price action. Okay, if you remember the |
382 | 00:32:30 --> 00:32:34 | telegram channel, it's free. The actual official link, you can find that on my |
383 | 00:32:35 --> 00:32:38 | YouTube channel, in the description portion of the channel, it's it's right |
384 | 00:32:38 --> 00:32:44 | next to where I post my x link to get onto X and watch whatever I'm posting |
385 | 00:32:44 --> 00:32:51 | there. And in my my main website, which is the inner circle trader.com it is |
386 | 00:32:51 --> 00:32:55 | likely to trade down here. So that means we were looking for this. So the draw on |
387 | 00:32:55 --> 00:33:00 | liquidity is, what is it bullish? No, it's not. We're up here. So this |
388 | 00:33:00 --> 00:33:05 | displacement here, once it gets below this low here, and does that, we want to |
389 | 00:33:05 --> 00:33:10 | see it stay open. And if it stays open, it's going to act as, what a breakaway |
390 | 00:33:10 --> 00:33:17 | gap. Then the market breaks faster, and then we have a big sell center balance, |
391 | 00:33:17 --> 00:33:22 | buy center, efficiency, right where it should form. What do I mean by that? |
392 | 00:33:23 --> 00:33:30 | Well, if you take this gap here, it's roughly by eyeballing it only it's about |
393 | 00:33:30 --> 00:33:35 | halfway from the high to where it's formed to where that line is. Here, that |
394 | 00:33:35 --> 00:33:44 | red line at 19,006 zero, 4.25 that's the low of that bounced price range, that |
395 | 00:33:44 --> 00:33:49 | big block of price action I shared in telegram of the 18th and the 19th of |
396 | 00:33:49 --> 00:33:55 | March for NQ. I wanted to see it go down below that and explore below it. It will |
397 | 00:33:55 --> 00:33:59 | did it went down a tick or two below it, and said, That's enough for me, and went |
398 | 00:33:59 --> 00:34:03 | back up. But that's still what we were looking for. So if this was the draw on |
399 | 00:34:03 --> 00:34:09 | liquidity, invest case scenario would be trading down to that sell aside, I made |
400 | 00:34:09 --> 00:34:14 | no mention of this as a hard selling point. This level here absolutely was |
401 | 00:34:14 --> 00:34:20 | called in advance in telegram. So you're seeing 33 years of experience of knowing |
402 | 00:34:20 --> 00:34:24 | how the market's likely to draw to these very pools of liquidity. Now, |
403 | 00:34:24 --> 00:34:31 | admittedly, on Thursday, I believe it was, I thought that we could potentially |
404 | 00:34:31 --> 00:34:37 | trade to Wednesday's high when we were in that parabolic run up, because it's |
405 | 00:34:37 --> 00:34:41 | FOMC week, it was, it's likely to happen, and it didn't. It didn't deliver |
406 | 00:34:41 --> 00:34:47 | that Okay, so while that didn't deliver, does it mean that the concepts fail? |
407 | 00:34:47 --> 00:34:50 | Does it mean that I don't know what I'm doing? Does it mean that they're |
408 | 00:34:50 --> 00:34:55 | changing the algorithm? Absolutely not. It just means in a week like FOMC, |
409 | 00:34:55 --> 00:35:00 | you're probably going to get it wrong, and the day after FOMC, well. It's not a |
410 | 00:35:00 --> 00:35:06 | stretch this to assume for a moment that imperfection is likely to creep in to |
411 | 00:35:06 --> 00:35:12 | everyone so analysis and not know no exception to that rule. So once the |
412 | 00:35:12 --> 00:35:17 | market reaches down here, we can very easily see that that was a measuring |
413 | 00:35:17 --> 00:35:20 | gap. But I'm sure you probably want to see some more details to prove that was |
414 | 00:35:20 --> 00:35:24 | a measuring gap, right as the market breaks down, since you know this level |
415 | 00:35:24 --> 00:35:30 | down here is that low of the balanced price range of the big trading range of |
416 | 00:35:30 --> 00:35:39 | the march 18 and 19th price action, you can drop a fib from this high, and we'll |
417 | 00:35:39 --> 00:35:44 | do it here. You anchor your fib to the high and you pull it down. Okay, so |
418 | 00:35:44 --> 00:35:48 | since this is a static chart and it's not me doing it live over a chart, |
419 | 00:35:50 --> 00:35:54 | imagine my cursors just like that. I'm holding it right there, I want you to |
420 | 00:35:54 --> 00:35:58 | take your attention to that red level right there. That's the 50% level in the |
421 | 00:35:58 --> 00:36:06 | Fibonacci. As I pull the FIB down, I'm trying to eyeball this 50% level and |
422 | 00:36:06 --> 00:36:10 | line it up with the middle of the measuring gap. So I'm going to overlay |
423 | 00:36:11 --> 00:36:15 | this red line with this dotted line, which is half or the middle of this cell |
424 | 00:36:15 --> 00:36:20 | center balanced bison efficiency. So I'm going to pull it down from here. I'm |
425 | 00:36:20 --> 00:36:28 | going to aim for that level right there and drop it. And it looks like this. So |
426 | 00:36:28 --> 00:36:34 | I pulled the FIB from this high all the way down there's where my cursor would |
427 | 00:36:34 --> 00:36:43 | be, until the 50% of the FIB anchored to that high. It stops me here, because the |
428 | 00:36:43 --> 00:36:49 | 50% level laying over top of the consequence of this gap, that gives me |
429 | 00:36:49 --> 00:36:54 | the perfect measurement for measuring gaps, okay? Or it's basically like the |
430 | 00:36:54 --> 00:37:00 | equilibrium or grading a price swing. We can anticipate where measuring gaps are |
431 | 00:37:00 --> 00:37:04 | going to form. If we know where the draw on liquidity is, isn't that fascinating? |
432 | 00:37:05 --> 00:37:14 | Isn't that fun? How about where does the breakaway gap form? Around 20 to 30% of |
433 | 00:37:14 --> 00:37:19 | the implied dealing range. What's an implied dealing range? Implied dealing |
434 | 00:37:19 --> 00:37:22 | range is when the market What's up here? And you anticipate selling off? Where's |
435 | 00:37:22 --> 00:37:26 | it going to sell off to? Well, we wanted to see it go down below that 18th and |
436 | 00:37:26 --> 00:37:31 | 19th balance price range of March. That's this red line down here. So we |
437 | 00:37:31 --> 00:37:36 | can take a fib, just loosely, take it from the sell off point and drop it |
438 | 00:37:36 --> 00:37:39 | right on the red line here, and you're going to get a general proximity where |
439 | 00:37:39 --> 00:37:45 | that midpoint is. But it's further refined when you actually use what price |
440 | 00:37:45 --> 00:37:49 | run in and of itself as it forms candlestick by candlestick. So here is |
441 | 00:37:49 --> 00:37:55 | the upper quadrant of that implied dealing range. And implied dealing range |
442 | 00:37:55 --> 00:37:59 | is a price run that has not completed yet, if you're bullish or bearish, where |
443 | 00:37:59 --> 00:38:05 | your Terminus or target is, which is this level here that was qualified and |
444 | 00:38:05 --> 00:38:11 | quantified inside of the telegram channel before it reached it. So by |
445 | 00:38:11 --> 00:38:15 | having projections like this, we can grade our price swings and breakaway |
446 | 00:38:15 --> 00:38:21 | gaps are wonderful to anticipate near the 20 to 30% of the price range that |
447 | 00:38:21 --> 00:38:26 | has yet to deliver, and then 50% of it see that now, in and of itself, to me, I |
448 | 00:38:26 --> 00:38:30 | thought that that was very fascinating. When I was coming up and I was seeing |
449 | 00:38:30 --> 00:38:32 | these types of things in my own analysis, I was like, Wow. You know, |
450 | 00:38:32 --> 00:38:37 | I've always seen books talk about gaps, you know, common gaps, like breakaway |
451 | 00:38:37 --> 00:38:41 | gaps, measuring gaps, exhausting gaps. They're not my concepts. I didn't create |
452 | 00:38:41 --> 00:38:46 | them, okay, but I did come up with a concept, as I'm teaching you here, which |
453 | 00:38:46 --> 00:38:51 | is implied dealing ranges and anticipating where they're going to |
454 | 00:38:51 --> 00:38:58 | form, where they're forming, and on top of that, you can anticipate the time |
455 | 00:38:58 --> 00:39:03 | they're going to form. That's going to be outside the scope of this lecture, |
456 | 00:39:03 --> 00:39:08 | but I will have it in volume three of the books that I have worked on. I know, |
457 | 00:39:09 --> 00:39:14 | I know. Come on. ICT, come on. I can't put everything in a video, okay, but I |
458 | 00:39:14 --> 00:39:21 | will teach it, I promise you. So if we know that this is the midpoint which |
459 | 00:39:21 --> 00:39:27 | qualifies and confirms this is a measuring gap. This level right here, |
460 | 00:39:28 --> 00:39:36 | stops when we get this overlapping of the midpoint and 50% of the FIB this |
461 | 00:39:36 --> 00:39:43 | level here. Pay attention now. Look at the bodies. See that isn't that |
462 | 00:39:43 --> 00:39:45 | beautiful. So you're telling me, |
463 | 00:39:46 --> 00:39:51 | seriously, this is fun. You're telling me that the buying selling pressure just |
464 | 00:39:51 --> 00:39:56 | happened to form all the bodies right there, but the wicks are allowed to do |
465 | 00:39:56 --> 00:40:01 | the damage. What did they do? They went down just below. That low. I told you |
466 | 00:40:01 --> 00:40:06 | that the 18th and the 19th balance price range formed, and it went down below it |
467 | 00:40:06 --> 00:40:10 | by tick, and then it came right back up to close inside of the level that is |
468 | 00:40:10 --> 00:40:18 | projected for a perfect measured run. So the implied dealing range came to |
469 | 00:40:18 --> 00:40:23 | perfect fruition, and it's confirmed with what look at the bodies stopping |
470 | 00:40:23 --> 00:40:27 | right where the FIB qualifies that being the measuring gap. Do that on your own |
471 | 00:40:27 --> 00:40:31 | chart, mimic what you see me doing here. Okay, obviously you're probably not |
472 | 00:40:31 --> 00:40:35 | going to do it if you're watching it months from now or years from now, but I |
473 | 00:40:35 --> 00:40:42 | can't make you know a solution for that. Just know that I've done it here, and |
474 | 00:40:42 --> 00:40:46 | you're welcome to, you know, look around on on x, and there'll probably be people |
475 | 00:40:46 --> 00:40:53 | sharing it too. But the body Stop it that level, the wick goes to where I |
476 | 00:40:53 --> 00:40:57 | said I'm gonna go by one tick or two and says, That's it. We're done. So the |
477 | 00:40:57 --> 00:41:02 | body's confirmed that has been delivered perfectly, and the wick has told you |
478 | 00:41:02 --> 00:41:07 | what the damage is done. We traded below that 18th and the 19th price action. |
479 | 00:41:07 --> 00:41:12 | That balance price range of choppy range bound block of price action. We've done |
480 | 00:41:12 --> 00:41:16 | it here, and then we had this run above this short term high, right |
481 | 00:41:16 --> 00:41:21 | there. What is that? That's a shift in market structure. So |
482 | 00:41:21 --> 00:41:26 | we can anticipate the market doing what? Going higher if it breaks out and starts |
483 | 00:41:26 --> 00:41:32 | running, we can see it deep dive. Doesn't take out the low, but the bodies |
484 | 00:41:32 --> 00:41:34 | are doing what? What are they doing there, |
485 | 00:41:35 --> 00:41:42 | staying in that level of that implied dealing range, then it starts to rally. |
486 | 00:41:43 --> 00:41:45 | There's details in here that |
487 | 00:41:46 --> 00:41:52 | we're going to fair it out, but you can anticipate price doing what, breaking |
488 | 00:41:52 --> 00:42:03 | this high now, why? 930 we have the opening range. The opening range is 930 |
489 | 00:42:03 --> 00:42:09 | to 10 o'clock Eastern time. Now, I know, I know there's a lot of folks out there |
490 | 00:42:09 --> 00:42:14 | that they'll say, opening range this, or that some guys are saying, here's the |
491 | 00:42:14 --> 00:42:17 | first five minutes opening range. There's guys that say, Okay, here's 15 |
492 | 00:42:17 --> 00:42:23 | minutes opening range. Here's this, and here's that. I'm telling you it's 30 |
493 | 00:42:23 --> 00:42:28 | minutes. I promise you, you're going to see why it's 30 minutes today, okay, but |
494 | 00:42:28 --> 00:42:34 | I want you to understand that anything outside of 30 minutes is just an |
495 | 00:42:34 --> 00:42:38 | opinion, and that's why you're not seeing them show what I'm going to show |
496 | 00:42:38 --> 00:42:43 | you today, what I'm going to show you today is going to blow your socks off. I |
497 | 00:42:43 --> 00:42:48 | promise you, any other time element isn't going to match up with what I'm |
498 | 00:42:48 --> 00:42:51 | showing you here today, and that's what I'm trying to twist the arm of the |
499 | 00:42:51 --> 00:42:56 | individuals that are just wanting to argue, whether it be in my own comment |
500 | 00:42:56 --> 00:43:00 | section or in other people's I read it, you know, I look at other YouTubers, and |
501 | 00:43:00 --> 00:43:05 | they're always, you know, having my name in their mouth, and they're talking |
502 | 00:43:05 --> 00:43:09 | about how this that you don't think there's no algorithm, but they never |
503 | 00:43:09 --> 00:43:14 | want to put up against it. They never want to show whatever they're doing |
504 | 00:43:14 --> 00:43:18 | against what I'm proving live in front of almost 100,000 people that did not |
505 | 00:43:18 --> 00:43:25 | pay me to be in there watching me doing it. I want you to think about how the |
506 | 00:43:25 --> 00:43:30 | opening range of 30 minutes. What do we do with that information? Well, |
507 | 00:43:30 --> 00:43:35 | obviously you have to know the low of it and the high of it, and that's what I've |
508 | 00:43:35 --> 00:43:41 | annotated here. So by having that range defined, we start looking for first |
509 | 00:43:41 --> 00:43:47 | presented fair value gaps. Now if, if you're an order block trader, you're |
510 | 00:43:47 --> 00:43:52 | going to wait for the first order block to form that's salient to your bullish |
511 | 00:43:52 --> 00:43:59 | or bearish stance on the session. It may be breakers. It may be a institutional |
512 | 00:43:59 --> 00:44:07 | refinery, jail. It may be a propulsion block. It might be a volume imbalance. |
513 | 00:44:07 --> 00:44:15 | It might be anything that I've ever taught that's your DD array, but I'm |
514 | 00:44:15 --> 00:44:20 | pushing the first presented fair value cap, because it's good. It's like, it's |
515 | 00:44:20 --> 00:44:24 | like a silver bullet. It's like it's there. It's always going to be there. |
516 | 00:44:25 --> 00:44:31 | But there are some aspects to first present a fair value gap that I want to |
517 | 00:44:31 --> 00:44:40 | include here today. If you have a very small in there's going to be times where |
518 | 00:44:40 --> 00:44:46 | you look at the individual price action of any given day, and you may question, |
519 | 00:44:47 --> 00:44:53 | is the first fair value gap really valid? Or should you use another one? |
520 | 00:44:53 --> 00:44:58 | And the general rules are this, obviously, you know, when we looking at |
521 | 00:44:58 --> 00:45:02 | inside this range from the. This candle is high to that candle is low. That's |
522 | 00:45:02 --> 00:45:09 | the actual range. But the range in time is here, from 9:30am Eastern Time to 10 |
523 | 00:45:09 --> 00:45:13 | o'clock Eastern time. So you're having to look inside that portion of time for |
524 | 00:45:13 --> 00:45:16 | the very first presented fair value gap, or the very first PD array that you're |
525 | 00:45:16 --> 00:45:22 | going to employ as your model. The easiest one, the spot is the fair value |
526 | 00:45:22 --> 00:45:26 | gap. All you have to do is narrow your focus down to the first 30 minutes, |
527 | 00:45:27 --> 00:45:31 | because the algorithm is going to leave something there for smart money. It's |
528 | 00:45:31 --> 00:45:36 | coded to do that buying and selling pressure is not forming, that it's not a |
529 | 00:45:36 --> 00:45:41 | one print, single print, as you hear people try to call it. It has nothing to |
530 | 00:45:41 --> 00:45:45 | do what I'm doing absolutely has nothing to do with it. You've never seen anybody |
531 | 00:45:45 --> 00:45:51 | use single prints that invert. Now there's an inversion of that first |
532 | 00:45:51 --> 00:45:55 | single print. It's all garbage. These people are just trying to find some way |
533 | 00:45:55 --> 00:46:01 | to make it look like this stuff has been in existence forever. But unfortunately, |
534 | 00:46:01 --> 00:46:04 | I broke the mold when they said, there's nothing new under the sun, and that's |
535 | 00:46:05 --> 00:46:09 | the kind of stuff that makes me sound arrogant, but I'm just simply poking you |
536 | 00:46:09 --> 00:46:15 | all that are resisting just simply look at it. Because if this stuff existed |
537 | 00:46:15 --> 00:46:19 | somewhere else, other people will be doing that other stuff and doing things |
538 | 00:46:19 --> 00:46:25 | that I'm doing showing precision that's unrivaled. Remember if all that stuff |
539 | 00:46:25 --> 00:46:29 | happened and then in books and people been learning for years, hundreds of |
540 | 00:46:29 --> 00:46:33 | years, or whatever, why aren't they doing what I'm doing? Why aren't they |
541 | 00:46:33 --> 00:46:37 | showing it, proving it, proving precision? Because it doesn't, it |
542 | 00:46:37 --> 00:46:42 | doesn't exist anywhere else. And it's not pride. I'm not being arrogant here. |
543 | 00:46:42 --> 00:46:47 | I'm just being I'm being very sincere. Because I think that there's a lot of |
544 | 00:46:47 --> 00:46:51 | people that listen to people online that they look at as heroes, and they have an |
545 | 00:46:51 --> 00:46:54 | opinion that they've borrowed from someone else. They haven't done the due |
546 | 00:46:54 --> 00:46:57 | diligence of going through all the material that I put out. They look at |
547 | 00:46:57 --> 00:46:59 | all those videos on this YouTube channel and say, there ain't no way I'm going |
548 | 00:46:59 --> 00:47:03 | through all that stuff. If someone says that they watched all those videos and |
549 | 00:47:03 --> 00:47:07 | they think this is what it really is, it's a copycat of this or rebranded of |
550 | 00:47:07 --> 00:47:11 | that, I'm just going to take their word for it and because I like them, and they |
551 | 00:47:11 --> 00:47:14 | wouldn't lie to me because they're on hero. That's really what it is. And |
552 | 00:47:14 --> 00:47:19 | unfortunately, that's what it's like for my own community. If I come out here and |
553 | 00:47:19 --> 00:47:24 | said anything that wasn't really true, but I made the case that here's what it |
554 | 00:47:24 --> 00:47:29 | does in the marketplace. It does this, does that, and because I said it, |
555 | 00:47:29 --> 00:47:33 | they're going to believe it, because they look up to me. And that's |
556 | 00:47:33 --> 00:47:39 | unfortunately the problem with social media. I want, I want you to simply look |
557 | 00:47:39 --> 00:47:44 | at it yourself, because if you're not looking at it yourself, and not just one |
558 | 00:47:44 --> 00:47:47 | weekend, over the weekend, or looking at this and looking at that and thinking, |
559 | 00:47:47 --> 00:47:50 | Okay, I figured it out. And he's, you know, he's not being truthful, or it |
560 | 00:47:50 --> 00:47:54 | doesn't work, or it's not really there, you have to have time using it, really |
561 | 00:47:54 --> 00:48:01 | studying it. And I'm convinced that it doesn't need to be defended by me. I do |
562 | 00:48:01 --> 00:48:05 | these things because I stir up the community, the people that talk about it |
563 | 00:48:05 --> 00:48:11 | not being there or being valid or that it's somebody else's stuff, bring forth |
564 | 00:48:11 --> 00:48:13 | the evidence suggesting those things you're saying are true and what I'm |
565 | 00:48:13 --> 00:48:20 | saying is false, and they never do that. So this is for those individuals that |
566 | 00:48:20 --> 00:48:25 | don't have the details that say that what I'm saying isn't true or isn't |
567 | 00:48:25 --> 00:48:31 | true. This is my argument. You're welcome to leave it alone and just go to |
568 | 00:48:31 --> 00:48:35 | whatever you want to do, but you need to answer this today. If you don't think |
569 | 00:48:35 --> 00:48:39 | there's an algorithm, you need to swallow this big pill, because this is |
570 | 00:48:39 --> 00:48:47 | going to be a jagged one. Moving Range, 30 minutes, 930, 10 o'clock Eastern |
571 | 00:48:47 --> 00:48:53 | time. You're looking for the very first presented fair value gap. If the gap, as |
572 | 00:48:53 --> 00:49:01 | you'll see here, that's the very first one. See it. There's no other fair value |
573 | 00:49:01 --> 00:49:06 | gap on the one minute time frame forming prior to that, right there. Now, would |
574 | 00:49:06 --> 00:49:13 | you agree that that's a very small fair value gap? It's minuscule, and it really |
575 | 00:49:13 --> 00:49:19 | didn't do anything. Did it? Did it? Take price down? Take a lower low out? No. So |
576 | 00:49:19 --> 00:49:23 | there's one strike against it, we already made the low of the day at a |
577 | 00:49:23 --> 00:49:29 | level we anticipated. So if we went down here, is it likely the market's going to |
578 | 00:49:29 --> 00:49:33 | go higher anyway? If it rejects like it's done here, we have a shift in |
579 | 00:49:33 --> 00:49:38 | market structure, and then we're inside of the opening range of 930 Eastern |
580 | 00:49:38 --> 00:49:44 | time. So we're only coming back down to test that low, and it didn't even get |
581 | 00:49:44 --> 00:49:50 | down to the low of that 18th and the 19th balance price range. So as I teach |
582 | 00:49:51 --> 00:49:57 | the signatures are we want to see levels fail. We want to see PD arrays fail. |
583 | 00:49:57 --> 00:50:03 | That's insight. You. See anything in Wyckoff, supply and demand, or anything |
584 | 00:50:03 --> 00:50:09 | else out there that says we want to see certain things fail, because all those |
585 | 00:50:09 --> 00:50:14 | books were written before an algorithm existed. The logic that these algorithms |
586 | 00:50:15 --> 00:50:20 | that are used to trade, they're highly sophisticated entry models, but the |
587 | 00:50:20 --> 00:50:27 | delivery of price is controlled, and they have to try to engage the price |
588 | 00:50:27 --> 00:50:33 | runs just like you and I do, and they may not get filled because the algorithm |
589 | 00:50:33 --> 00:50:39 | is doing all of the delivery. Think about it. Why didn't it go down below |
590 | 00:50:39 --> 00:50:43 | that low surely there's somebody down there, a collection of individuals that |
591 | 00:50:43 --> 00:50:50 | are long, if they're long, what's going to be below that low? Sell stops. Why |
592 | 00:50:50 --> 00:50:54 | couldn't it get down there just to go one more time? What's the logic that |
593 | 00:50:54 --> 00:50:57 | says, No, it's not enough, and there wasn't enough sellers there. The selling |
594 | 00:50:57 --> 00:51:03 | pressure was abated, and the buyers came in. There's more buyers. Why? Tell me, |
595 | 00:51:03 --> 00:51:07 | why? Why? Right there. You're just going to give me an opinion, but what I'm |
596 | 00:51:07 --> 00:51:12 | going to show you today is not opinion, it's facts. It's time based delivery |
597 | 00:51:13 --> 00:51:21 | precision, and it repeats every single day. And that's what I'm trying to |
598 | 00:51:21 --> 00:51:24 | inspire in all of you, because we're going to talk about journaling at the |
599 | 00:51:24 --> 00:51:27 | end of this, and I want you to look for these things I'm going to show you here, |
600 | 00:51:28 --> 00:51:31 | and that's what you're going to journal. But without stealing the thunder that |
601 | 00:51:31 --> 00:51:35 | portion of the video, let's go into a little bit more detail. Small, little |
602 | 00:51:35 --> 00:51:38 | gap like that. That's the first presented fair value gap of Friday. |
603 | 00:51:38 --> 00:51:44 | March, 21 2025, on NASDAQ June delivery contract. |
604 | 00:51:45 --> 00:51:49 | It's a fair value gap. That's a city, so that means, generally that will be |
605 | 00:51:49 --> 00:51:53 | treated as what it trades back up into it and sell off. But that's canceled out |
606 | 00:51:53 --> 00:51:57 | because we reached our target. Now we have a shift in market structure here, |
607 | 00:51:58 --> 00:52:02 | and we didn't take out the low there. So we're inside of the 930, to 10 o'clock |
608 | 00:52:02 --> 00:52:06 | opening range. So if we take out that high, we really have what we have a move |
609 | 00:52:06 --> 00:52:10 | outside of the opening range, higher when it should be bullish, because we've |
610 | 00:52:10 --> 00:52:16 | hit our target for the week, and we rejected it here. So wouldn't it be |
611 | 00:52:16 --> 00:52:23 | favorable to see a larger fair value gap than this one that's in an opposing |
612 | 00:52:23 --> 00:52:27 | direction. If this is a sippy fair value gap. In other words, it's a down close |
613 | 00:52:27 --> 00:52:32 | candle. This is what you see the opposite of which is a busy buy side and |
614 | 00:52:32 --> 00:52:37 | balanced cell sign in efficiency. And notice the difference in contrast of its |
615 | 00:52:37 --> 00:52:44 | displacement significantly larger, isn't it? This would be your very first |
616 | 00:52:44 --> 00:52:48 | presented fair value gap within the context and narrative of what you have |
617 | 00:52:48 --> 00:52:55 | in price action here, when you see people on x, or if you were seeing the |
618 | 00:52:55 --> 00:52:58 | comments that are left in my videos all the time, when I'm sharing executions, |
619 | 00:52:58 --> 00:53:01 | they'll say, why didn't you use that fair value gap? Why did you use that |
620 | 00:53:01 --> 00:53:04 | one? Why'd you choose this one? Why'd you choose that one? There are rare |
621 | 00:53:04 --> 00:53:08 | instances where my eyes, because they're 53 years old now, they're just not as |
622 | 00:53:08 --> 00:53:11 | good as they were when I was younger. And sometimes I make a mistake and I |
623 | 00:53:11 --> 00:53:15 | grab the wrong candle, or I'll type in the wrong time, and when I've noticed |
624 | 00:53:15 --> 00:53:18 | it, and other students have been gracious enough to let me know what I've |
625 | 00:53:18 --> 00:53:22 | done wrong and made an error, referring to a very specific time when they know |
626 | 00:53:22 --> 00:53:26 | what I'm talking about. They they know that I'm referring to a different time. |
627 | 00:53:26 --> 00:53:30 | It may be the candle right before it, or candle after it. It's just, it's the old |
628 | 00:53:30 --> 00:53:33 | man in me, that's it's shown to the surface, and it's just, it's |
629 | 00:53:33 --> 00:53:37 | unfortunately what happens when you get old. My vision isn't what it used to be. |
630 | 00:53:37 --> 00:53:44 | And the other times when it's not like that, this is what I'm doing. I'm |
631 | 00:53:44 --> 00:53:48 | looking for things that have a greater displacement. That is, in the context of |
632 | 00:53:48 --> 00:53:52 | the narrative, what I think price is going to do. So this would be your first |
633 | 00:53:52 --> 00:53:55 | presenter for your value account, because there's a larger displacement |
634 | 00:53:55 --> 00:53:58 | and much more significant than this little, tiny thing here. Okay, then the |
635 | 00:53:59 --> 00:54:03 | market trades above the opening range high, there's your breakout. We don't |
636 | 00:54:03 --> 00:54:07 | trade breakouts, but that's a break above it. We don't need it to close |
637 | 00:54:07 --> 00:54:13 | above it. The market trades down into that again, right there. What time is |
638 | 00:54:13 --> 00:54:18 | that occurring? At 10 o'clock. That's your silver bullet. It forms every day, |
639 | 00:54:18 --> 00:54:22 | folks. There's never been a day where Silver Bullet never formed. Now, ask |
640 | 00:54:22 --> 00:54:29 | your mentors, ask your educators, ask whoever is a big wig in the industry, |
641 | 00:54:29 --> 00:54:35 | tell them to come forward and say that their concept forms every single day. |
642 | 00:54:35 --> 00:54:39 | Without fail, there's a lot of men going to income close that want to say that, |
643 | 00:54:40 --> 00:54:45 | but I will, and I'll show it every single day, every single day. My stuff |
644 | 00:54:45 --> 00:54:50 | doesn't stop working because it's algorithmic. It's all time based |
645 | 00:54:50 --> 00:54:55 | delivery, okay, and that should already get you excited, but we ain't done yet. |
646 | 00:54:55 --> 00:55:01 | The market rallies again and trades into that old measuring gap. Now, because we |
647 | 00:55:01 --> 00:55:05 | went above it here, and we've got the narrative behind us that it's likely to |
648 | 00:55:05 --> 00:55:09 | trade higher. Now this inefficiency that was a sell side, imbalanced by an |
649 | 00:55:09 --> 00:55:15 | efficiency or measuring gap. Now we can treat it as an inversion fair value gap. |
650 | 00:55:15 --> 00:55:21 | Look at that. Look where it's forming. I mentioned on x that you would have a lot |
651 | 00:55:21 --> 00:55:27 | of ideas thrown at you. Here's one of them, if you have a market that's |
652 | 00:55:27 --> 00:55:33 | changed gears and direction now it's bullish, if you can get above the |
653 | 00:55:33 --> 00:55:40 | opening range high, and if there's liquidity obvious in the charts here, |
654 | 00:55:42 --> 00:55:46 | this gap over here, when it was going up to run the liquidity out, that's a buy, |
655 | 00:55:46 --> 00:55:50 | something else, sell, sound efficiency. But when the market changed gears, that |
656 | 00:55:50 --> 00:55:55 | turns this into, what a premium array in the form of an inversion, fair value |
657 | 00:55:55 --> 00:56:02 | gap. Market goes down into the opening range, high and the low of this |
658 | 00:56:02 --> 00:56:06 | inversion fair value gap, that was the measuring gap. So it's forming basically |
659 | 00:56:06 --> 00:56:13 | a pseudo market maker body model. Okay, that's what's basically forming bodies |
660 | 00:56:13 --> 00:56:20 | real close to inside that inversion fair value gap, but it hits the opening range |
661 | 00:56:20 --> 00:56:24 | high and then creates another fair value gap there. Trades outside of that |
662 | 00:56:24 --> 00:56:29 | inversion. Fair value gap comes right back down again. Here you go. This is |
663 | 00:56:29 --> 00:56:34 | another silver bullet inside the hour of 10 o'clock, displaces to the upside, |
664 | 00:56:34 --> 00:56:38 | runs the buy side here, and trades right up in the inversion fair value gap. And |
665 | 00:56:38 --> 00:56:42 | we don't even need that buy side taken there for that, those are two trades |
666 | 00:56:42 --> 00:56:47 | right there that are beautiful, right in a way. You can see that there are times |
667 | 00:56:47 --> 00:56:50 | when we can use the actual opening range that the algorithms are referred to. |
668 | 00:56:50 --> 00:56:54 | It's 30 minutes, folks, it's not 15 minutes, it's not five minutes, it's not |
669 | 00:56:54 --> 00:57:05 | anything above or below 30 minutes. It's always 30 minutes period. Moving forward |
670 | 00:57:05 --> 00:57:09 | in time. Here's that inversion fair value gap that was projected over here, |
671 | 00:57:09 --> 00:57:13 | and that buy that was running off of that, then the market retraces and |
672 | 00:57:13 --> 00:57:18 | trades down. And what is it doing? It's trading back inside of the opening |
673 | 00:57:18 --> 00:57:22 | range. I'm not saying opening range gap. It's the opening range. It's the first |
674 | 00:57:22 --> 00:57:30 | 30 minutes 930, to 10 o'clock Eastern time. Now, I have added the Fibonacci to |
675 | 00:57:30 --> 00:57:37 | the opening range, low to high. That's what I did here. And I added the upper |
676 | 00:57:37 --> 00:57:42 | quadrant and the lower quadrant. Now, if I'm bullish on a market and it trades |
677 | 00:57:42 --> 00:57:47 | down inside the opening range, I'm going to be watching that upper quadrant. Oh |
678 | 00:57:47 --> 00:57:54 | my, oh my. You feel that tugging in the corner of your mouth. Go ahead. Go |
679 | 00:57:54 --> 00:58:01 | ahead. Let it happen. Smile. It's fun, isn't it, that trading down into that |
680 | 00:58:01 --> 00:58:05 | upper quadrant of the opening range, the first 30 minutes of trading. 930 10 |
681 | 00:58:06 --> 00:58:14 | o'clock. That's algorithmic. It's also occurring at a very specific time. Time. |
682 | 00:58:16 --> 00:58:28 | This is where the lunch macro begins. 1130 right here. That starts that whole |
683 | 00:58:30 --> 00:58:34 | overlapping of what already has happened. What's that? What's happened |
684 | 00:58:34 --> 00:58:39 | already? The market traded lower from here, there's buy side resting above |
685 | 00:58:39 --> 00:58:44 | that. So at 1130 whatever you've been doing, anticipate some measure of |
686 | 00:58:44 --> 00:58:47 | retracement and go in the other direction, not all the time, but the |
687 | 00:58:47 --> 00:58:50 | majority of time. You're going to see that now in this case, because we had |
688 | 00:58:50 --> 00:58:56 | the target reach for the week, is probably going to go higher. And this is |
689 | 00:58:56 --> 00:59:04 | the lunch macro. The lunch macro is 1130 Time, Eastern Time, as far as 1:30pm |
690 | 00:59:05 --> 00:59:10 | Eastern time. So it's a two hour window of time that's collectively referred to |
691 | 00:59:10 --> 00:59:18 | by me as the New York lunch. Okay, so by hitting the upper quadrant of the |
692 | 00:59:18 --> 00:59:24 | opening range when it's bullish, you can time an entry in here to go higher. Now |
693 | 00:59:25 --> 00:59:32 | you can use an inversion fair value gap here. You can use a turtle soup, or you |
694 | 00:59:32 --> 00:59:40 | can anticipate the run back above here and trust that it will give you a fair |
695 | 00:59:40 --> 00:59:44 | value gap, some kind of border block. In this case, you can see very, very |
696 | 00:59:44 --> 00:59:51 | beautiful, immediate rebalance there, and then starts to run higher. These |
697 | 00:59:51 --> 00:59:57 | levels are standard deviations, the standard deviation of the opening range |
698 | 00:59:57 --> 01:00:02 | the first 30 minutes, 930 10 o'clock and. This is, I have a standard |
699 | 01:00:02 --> 01:00:08 | deviation, one standard deviation, 1.5 standard deviation, and it trades up to |
700 | 01:00:08 --> 01:00:12 | that after taking the buy side out here, right here, beautiful delivery, |
701 | 01:00:12 --> 01:00:17 | algorithmic, all perfectly delivered. Now at that point, we're going to take |
702 | 01:00:17 --> 01:00:22 | our attention and scrub forward again this gap here, we're going to extend it |
703 | 01:00:22 --> 01:00:25 | forward, but now, because price is above it, I'm not going to change the color, |
704 | 01:00:25 --> 01:00:28 | because I don't want you to lose sight of what it is I'm referring to in |
705 | 01:00:28 --> 01:00:33 | proximity to that. So just know that once we went above it here, this would |
706 | 01:00:33 --> 01:00:37 | be referred back to as a reclaimed, bullish fair value gap, not a bearish |
707 | 01:00:37 --> 01:00:41 | fair value gap. But I want to leave it this way, so that way you can follow it |
708 | 01:00:41 --> 01:00:47 | in the in the slides of my PowerPoint presentation here. That's it. Here, |
709 | 01:00:47 --> 01:00:54 | extend it all the way over. So here's that run up to that standard deviation |
710 | 01:00:54 --> 01:01:01 | 1.5 and then one more time it bumps above it and trades down into the lunch |
711 | 01:01:01 --> 01:01:02 | macro ending at 1:30pm |
712 | 01:01:04 --> 01:01:10 | and now we're creating what the opening range the first 30 minutes of 130 to two |
713 | 01:01:10 --> 01:01:15 | o'clock Eastern time. That's what sets the tone for the market structure, all |
714 | 01:01:15 --> 01:01:21 | of the mag, magnificent and precision oriented aspects that I teach. It all |
715 | 01:01:21 --> 01:01:25 | starts from here, 1/3 to two o'clock. Find that in Wyckoff. Find that in |
716 | 01:01:25 --> 01:01:30 | Elliot wave. Find that anything, it ain't there, folks, it's simply not |
717 | 01:01:30 --> 01:01:35 | there. Okay? The Mac Daddy, the Muriel McCoy, he's talent to you right now. I |
718 | 01:01:35 --> 01:01:39 | wasn't wanting to teach all this stuff, but it's just simply fun to just twist |
719 | 01:01:39 --> 01:01:43 | that knife in the proverbial sides of all these people that say it isn't real. |
720 | 01:01:43 --> 01:01:48 | It ain't there. It's all buying and selling pressure, really. So we have the |
721 | 01:01:48 --> 01:01:53 | opening range low. This is the lowest, low, between 1:30pm eastern time to two |
722 | 01:01:53 --> 01:01:56 | o'clock Eastern time. That's the highest, high. It formed. This is the |
723 | 01:01:56 --> 01:02:00 | time aspect, okay. This is the parameters on time. This is the opening |
724 | 01:02:00 --> 01:02:04 | range. Low, the lowest inside that range of time. So if we were following it down |
725 | 01:02:04 --> 01:02:09 | here, two o'clock to 130 that's what this is showing here. It's the end of |
726 | 01:02:09 --> 01:02:13 | the lunch macro. So now we're anticipating another run in price |
727 | 01:02:13 --> 01:02:18 | action, and since we already anticipated a reversal, because we hit our weekly |
728 | 01:02:18 --> 01:02:22 | target, so we can anticipate what a continuation to the upside. See how |
729 | 01:02:22 --> 01:02:26 | that's we we work together to build a narrative based on what has happened and |
730 | 01:02:26 --> 01:02:30 | what's less likely to happen, less likely for it to continue lower, because |
731 | 01:02:30 --> 01:02:35 | you already traded below the weekly a target of the 18th and 19th balance |
732 | 01:02:35 --> 01:02:41 | price range, and it rejected strongly on a Friday. So now we have the opening |
733 | 01:02:41 --> 01:02:47 | range high, and then inside that opening range, here's your first presented fair |
734 | 01:02:47 --> 01:02:53 | value gap. Oh my goodness, this looks like someone's put this together, like |
735 | 01:02:53 --> 01:02:59 | there's, like there's a real storyline behind all this. Uh huh, that's what |
736 | 01:02:59 --> 01:03:03 | I've been trying to tell you, but I didn't want you to take my word for it. |
737 | 01:03:03 --> 01:03:08 | I want you to see it for months and years. And the folks that don't want to |
738 | 01:03:08 --> 01:03:12 | see it, they're in denial. They're in denial. Honestly, I'm beginning to think |
739 | 01:03:12 --> 01:03:16 | that it's a paid opposition now to try to dilute your attention to it, because |
740 | 01:03:16 --> 01:03:20 | if they can say anything bad about me, or they can say anything bad about the |
741 | 01:03:20 --> 01:03:25 | concepts, everything they've said about it is false, and I'm proving it. I'm |
742 | 01:03:25 --> 01:03:30 | proving it every day. So again, we're gonna do if I, if I never talk about it |
743 | 01:03:30 --> 01:03:34 | again, the cat's already out of the bag. And, you know, to me, I think that's |
744 | 01:03:34 --> 01:03:38 | delicious. But the market trades down into that first within the fair bag out |
745 | 01:03:38 --> 01:03:42 | here and rallies up that right there is a tradable run. But now we're going into |
746 | 01:03:42 --> 01:03:48 | a macro 250, to 310, and the market's doing what it re chases all the way back |
747 | 01:03:48 --> 01:03:54 | down to negative one standard deviation of the opening range of 930, to 10 |
748 | 01:03:54 --> 01:03:59 | o'clock. That's what these lines are here. Okay, so again, we go down to that |
749 | 01:03:59 --> 01:04:03 | inversion fair value gap, which is technically a bullish, reclaimed fair |
750 | 01:04:03 --> 01:04:09 | value gap. It rallies and consolidates inside now the macro of 315 to 345 |
751 | 01:04:10 --> 01:04:14 | Eastern time, I promise you no one ever talked about that. No one has ever |
752 | 01:04:14 --> 01:04:19 | mentioned that, ever I did on Twitter spaces I talked about these things, |
753 | 01:04:19 --> 01:04:23 | okay? And you can find them all on YouTube because I give permission for |
754 | 01:04:23 --> 01:04:27 | people to put them up. That was the reason why I did that. I don't care that |
755 | 01:04:27 --> 01:04:31 | they make ad revenue off of my my Twitter spaces. Okay, I said a lot of |
756 | 01:04:31 --> 01:04:35 | things language wise that I didn't want to have on my YouTube video, and I |
757 | 01:04:35 --> 01:04:38 | trolled people inside those Twitter spaces too back then. So I again, I |
758 | 01:04:38 --> 01:04:43 | didn't want that on my YouTube channel. But no one can deny that those things in |
759 | 01:04:43 --> 01:04:47 | the inversion fairbag app, I taught that on an audio of a Twitter space, and all |
760 | 01:04:47 --> 01:04:51 | those things can can be confirmed by going and watching other people that |
761 | 01:04:51 --> 01:04:55 | love to put my Twitter spaces on their YouTube channel. Sometimes they put |
762 | 01:04:55 --> 01:04:58 | music behind it. Sometimes they put it with charts. If I've talked about some |
763 | 01:04:58 --> 01:05:02 | things and you reenact all. That they put some work and effort into it, and if |
764 | 01:05:02 --> 01:05:04 | they want to make that revenue off of that part of it, I don't mind. I don't |
765 | 01:05:04 --> 01:05:08 | mind. It's just you're providing another testimony that you were there, you saw |
766 | 01:05:08 --> 01:05:12 | it, you listened. And it's a timeline. All those bread comes, come back to me. |
767 | 01:05:12 --> 01:05:18 | But it 315 the 345 of the last final hour of regular trading hours. You call |
768 | 01:05:18 --> 01:05:21 | it the power hour. I don't call it power hour. It's the final hour of record |
769 | 01:05:21 --> 01:05:27 | trading hours between 315 and 345 the market is going to operate inside of the |
770 | 01:05:27 --> 01:05:31 | narrative that's presently underway. Meaning what we created another |
771 | 01:05:31 --> 01:05:36 | opportunity to buy. We have buy side up here, which is also the opening range |
772 | 01:05:36 --> 01:05:41 | high of 130 to 2pm Eastern Time. That's the afternoon session. You don't see me |
773 | 01:05:41 --> 01:05:44 | do a lot of afternoon session stuff. Usually I'm in other people's live |
774 | 01:05:44 --> 01:05:48 | streams or whatever. And the things I call out, and it comes to fruition all |
775 | 01:05:48 --> 01:05:52 | the time, is what I'm showing you here. I'm literally showing you my cards. Now, |
776 | 01:05:52 --> 01:05:56 | it's gonna take a lot of experience to do what I'm doing. Just by me showing |
777 | 01:05:56 --> 01:06:00 | you this isn't gonna be enough. But look at the times that these things are |
778 | 01:06:00 --> 01:06:05 | occurring. They're very specific. They're very, very specific. If you look |
779 | 01:06:05 --> 01:06:13 | at the high here, that's a macro. That's a macro that's 1250, to 110, macro. And |
780 | 01:06:14 --> 01:06:19 | what does it do? It retraces back down into that gap, and it's also trading |
781 | 01:06:19 --> 01:06:23 | down into negative one standard deviation of the opening range at 930, |
782 | 01:06:23 --> 01:06:30 | to 10 o'clock. Forget pivot points, folks. Forget all that stuff. You need |
783 | 01:06:30 --> 01:06:34 | to look at these things. Okay, pivot points are not based on time. They're |
784 | 01:06:34 --> 01:06:39 | not based on any time. They're just ambiguous measurements of open, high, |
785 | 01:06:39 --> 01:06:42 | low and close, multiplied by two, divided by this, and divided all that |
786 | 01:06:42 --> 01:06:47 | stuff is number crunching. When you take your attention to time, and that's why I |
787 | 01:06:47 --> 01:06:51 | laugh in the face of these fools they talk about, oh, I'm the price this, and |
788 | 01:06:51 --> 01:06:56 | I'm the price that. I'm the prince of price action, you're a fool if you're |
789 | 01:06:56 --> 01:07:00 | not implementing time first, because that's what the algorithm does. It |
790 | 01:07:00 --> 01:07:05 | refers to very specific times, and then what price inside that range of time? |
791 | 01:07:06 --> 01:07:11 | See, these aren't zones. They're highly specific 30 minute windows, 20 minute |
792 | 01:07:11 --> 01:07:20 | windows, in deference to the macro, or in this case, the lunch macro, which is |
793 | 01:07:20 --> 01:07:23 | a two hour window of opportunity, but there's a beginning to it, and there's |
794 | 01:07:23 --> 01:07:27 | an ending to it, and there's price runs that begin and end at those very |
795 | 01:07:27 --> 01:07:30 | specific times when you're journaling. I'll hold off, because I'm going to |
796 | 01:07:30 --> 01:07:33 | steal it from there, from that portion of the video, if I could go on. But |
797 | 01:07:33 --> 01:07:40 | during the 315 the 345 macro, it's 30 minutes you're looking for the setup |
798 | 01:07:40 --> 01:07:46 | that leads to murder on clothes, excuse me, market on clothes macro. That's what |
799 | 01:07:46 --> 01:07:52 | moc stands for. That's the 350 little price run that usually takes off and |
800 | 01:07:52 --> 01:07:56 | creates another higher high, or retracement into the range. Here we know |
801 | 01:07:56 --> 01:08:03 | that we have 2.5 standard deviation that would take us above this high. This |
802 | 01:08:03 --> 01:08:08 | one's very close. But if you look at this price around here, it duplicates |
803 | 01:08:08 --> 01:08:13 | itself there. So we're seeing another measured move, but it begins at the time |
804 | 01:08:13 --> 01:08:19 | and on the price inside of the opening range in the afternoon session. That's |
805 | 01:08:19 --> 01:08:23 | this one here. Look what it's doing here. Body stopping at the consequent |
806 | 01:08:23 --> 01:08:26 | encroachment, wicks go down just below, but doesn't completely close it in |
807 | 01:08:26 --> 01:08:33 | during the 350 I'm sorry, 315 to 345 macro bodies are staying in the upper |
808 | 01:08:33 --> 01:08:37 | half. What is it telling you? The algorithm is signaling to smart money, |
809 | 01:08:37 --> 01:08:42 | just like it's been coded to do stay out of that area that gives them confidence |
810 | 01:08:42 --> 01:08:47 | that that's the setup to buy and run it into the close and look for rocket fuel |
811 | 01:08:47 --> 01:08:52 | at 350 and here you go, that candlesticks 350 and wouldn't you know |
812 | 01:08:52 --> 01:08:58 | it, look what happens right up to negative 2.5 standard deviation. So |
813 | 01:08:58 --> 01:09:03 | there's obviously no algorithm, right? No way. Nope. Not here, folks, nothing |
814 | 01:09:03 --> 01:09:03 | to see. |
815 | 01:09:06 --> 01:09:11 | I want you to think about the power of journaling. Okay, why? Why even do it? |
816 | 01:09:12 --> 01:09:16 | Well, it allows you to measure your progress on a daily and weekly basis, |
817 | 01:09:16 --> 01:09:19 | which is really important as a new trader, a new student, especially if |
818 | 01:09:19 --> 01:09:22 | you've been trading for a long time and you've had hit and miss results or have |
819 | 01:09:22 --> 01:09:28 | never been profitable, this is probably going to be the biggest, super helpful |
820 | 01:09:28 --> 01:09:31 | thing to you in terms of organization, collecting and organizing your thoughts, |
821 | 01:09:31 --> 01:09:36 | building your model, refining, encouraging yourself. All those things |
822 | 01:09:36 --> 01:09:42 | are beneficial from the power of journaling. So by measuring progress |
823 | 01:09:42 --> 01:09:45 | daily and weekly, to encouraging yourself when you feel like you're in a |
824 | 01:09:45 --> 01:09:49 | stagnant position or you're in drawdown, he's just simply not doing things right, |
825 | 01:09:49 --> 01:09:52 | and you feel like everything's different than what you expected it to be, you're |
826 | 01:09:52 --> 01:09:57 | going to want to be cheerleaded, and you need to encourage yourself when you do |
827 | 01:09:57 --> 01:10:02 | things in your journal. Never talk negative. And when you find those points |
828 | 01:10:02 --> 01:10:06 | in your journal where you've done it well in the past, go back, go back and |
829 | 01:10:06 --> 01:10:10 | visit them again, and you'll say, Oh, wow, I did that. I did those very |
830 | 01:10:10 --> 01:10:13 | things, and I saw that happen. It worked. It cancels out the negative |
831 | 01:10:13 --> 01:10:16 | thoughts about what you're feeling when you do something wrong. It feels like, |
832 | 01:10:16 --> 01:10:20 | oh, is this broken? It doesn't work anymore. And if you don't have |
833 | 01:10:20 --> 01:10:24 | experience to lean on, or a community that tells you listen, it's normal for |
834 | 01:10:24 --> 01:10:27 | you to feel that way. But keep walking forward with the information, the data |
835 | 01:10:27 --> 01:10:31 | will support and show you that it works. It isn't going to work in a percent. |
836 | 01:10:31 --> 01:10:35 | Nobody has 100% strike rate. Nobody has if there ever was going to be somebody |
837 | 01:10:35 --> 01:10:39 | that has one, it's me, and it ain't going to be me ever. Because there's |
838 | 01:10:39 --> 01:10:43 | always manipulation. There's always some kind of intervention that I can't see |
839 | 01:10:43 --> 01:10:47 | coming. And then there it is. And I'm also human. I'm not AI. Sometimes I |
840 | 01:10:47 --> 01:10:50 | don't feel good. Sometimes I have something happening in my personal life |
841 | 01:10:50 --> 01:10:53 | that just clouds my mind, my focus, and I just do something I shouldn't have |
842 | 01:10:53 --> 01:10:56 | done. And I take a losing trade, eventually you're going to see me do it. |
843 | 01:10:57 --> 01:11:00 | It's okay. It doesn't mean anything except for that transaction was done |
844 | 01:11:00 --> 01:11:03 | wrong, and I own it doesn't mean anything out there than just simply |
845 | 01:11:03 --> 01:11:09 | that. But what do you Journal? Well, what I'm showing you here, if you're not |
846 | 01:11:09 --> 01:11:12 | doing these things in your chart, looking for the signatures of the |
847 | 01:11:12 --> 01:11:16 | algorithm, if you're not looking for it, you're never going to be proving that |
848 | 01:11:16 --> 01:11:20 | there's something to things I'm teaching. You'll just eventually quit |
849 | 01:11:20 --> 01:11:25 | and go watch some guy that has an indicator, and hopefully he spoon feeds |
850 | 01:11:25 --> 01:11:27 | you and gives you setup. So that's what you're really looking for. In the |
851 | 01:11:27 --> 01:11:31 | beginning, give me a handheld opportunity to follow and copy you. |
852 | 01:11:31 --> 01:11:37 | That's what I wanted, too. I wanted that because I was intimidated by losing all |
853 | 01:11:37 --> 01:11:41 | the time as a very beginning student, as 20 year old Michael, I didn't know what |
854 | 01:11:41 --> 01:11:47 | I was doing. So you're going to journal like this. You're going to go through |
855 | 01:11:47 --> 01:11:50 | the charts after the fact and put the times that I'm showing you here. They're |
856 | 01:11:50 --> 01:11:55 | always the same. They never change. The only thing that's missing in here is all |
857 | 01:11:55 --> 01:12:00 | of the individual hour macros, the 50 minute to 10 minutes after the top of |
858 | 01:12:00 --> 01:12:03 | every hour mark, every one of them, and you're going to start seeing the turning |
859 | 01:12:03 --> 01:12:06 | points in the marketplace that are happening there, and when you understand |
860 | 01:12:06 --> 01:12:10 | the narrative and where the market's likely to go, nothing will surprise you. |
861 | 01:12:10 --> 01:12:15 | You're not going to be surprised. You can have a whole level of comfort and |
862 | 01:12:15 --> 01:12:19 | you're able to hold trades longer. One of the biggest question I get all the |
863 | 01:12:19 --> 01:12:22 | time is, how are you able to hold on to trades like that? I would be shaken out |
864 | 01:12:22 --> 01:12:26 | by this or that. I'm using this type of information here. It's not found in |
865 | 01:12:26 --> 01:12:29 | books. It's not found in educators. Now it's going to be in Amazon books. Now, |
866 | 01:12:31 --> 01:12:36 | in the low class, low character, individuals are going to pretend that |
867 | 01:12:36 --> 01:12:40 | they figured it out, or they founded some garbage. That's really my concepts. |
868 | 01:12:41 --> 01:12:45 | Okay, you see them. They're in my ex all the time, spamming my comment section. |
869 | 01:12:45 --> 01:12:48 | But look at their posts. It's order blocks, it's fair bags, that's my stuff, |
870 | 01:12:48 --> 01:12:52 | folks, that's my stuff. And they're just rebranding it. You didn't found |
871 | 01:12:52 --> 01:12:56 | anything. You didn't discover anything. You're just parroting and trying to put |
872 | 01:12:56 --> 01:13:00 | a new name and spin on something. So that way you can be a character in the |
873 | 01:13:00 --> 01:13:05 | industry learn how to do it. Well, okay, there's no shame in saying that you |
874 | 01:13:05 --> 01:13:09 | learn from the stuff I put out there. Most of you haven't paid for it. Now, |
875 | 01:13:10 --> 01:13:14 | wouldn't it be wonderful to just put down all that stuff this, this image |
876 | 01:13:14 --> 01:13:18 | based, you know, argument you're having an arm wrestling match with me. I don't |
877 | 01:13:18 --> 01:13:22 | want to say that I learned from you. Well, I understand, because I make a |
878 | 01:13:22 --> 01:13:26 | very, very uncomfortable position for people that sell my content. I'm |
879 | 01:13:26 --> 01:13:30 | comfortable being in a position where you think I'm a fraud. I'm comfortable |
880 | 01:13:30 --> 01:13:34 | being in a position where you say he's never won the Robins cup. Because when |
881 | 01:13:34 --> 01:13:38 | you sell my information and my mentorship and my name's attached to it, |
882 | 01:13:38 --> 01:13:41 | because that's the only thing it's really going to sell it for you, we're |
883 | 01:13:41 --> 01:13:43 | gonna think, oh, yeah, why would I buy that? That guy didn't he do this? And |
884 | 01:13:43 --> 01:13:47 | didn't he not do that? Right? And that's why I do exactly what I'm doing. But I'm |
885 | 01:13:47 --> 01:13:50 | also twisting that knife every day in that telegram channel, aren't I? Here's |
886 | 01:13:50 --> 01:13:53 | where it's gonna go, here's how it's gonna move, and here's my trade. Boom. |
887 | 01:13:53 --> 01:13:59 | What are you gonna do with that? I'm holding you. We're at the very razor's |
888 | 01:13:59 --> 01:14:03 | edge, and if you believe in the concept, because you've been with me a long time, |
889 | 01:14:03 --> 01:14:07 | it's fun watching me. If you're brand new, you're uncomfortable. This guy |
890 | 01:14:07 --> 01:14:10 | doesn't have any track record. He doesn't want to show his information. He |
891 | 01:14:10 --> 01:14:15 | doesn't want to give this Listen, don't I could. I could fabricate anything |
892 | 01:14:15 --> 01:14:18 | that's happened in the past. Anyone can do that. They do it all the time. With |
893 | 01:14:18 --> 01:14:23 | my effects books, you can get a white label broker, and put a fake broker, |
894 | 01:14:23 --> 01:14:26 | fake trades in there, and make that thing look like it's a real account, and |
895 | 01:14:26 --> 01:14:31 | you look like you're amazing. That doesn't mean anything. Trade live. Call |
896 | 01:14:31 --> 01:14:35 | it live. Everything before it happens. Everything should be explained |
897 | 01:14:35 --> 01:14:38 | beforehand. That's what I'm doing. I'm doing it in a manner where you don't |
898 | 01:14:38 --> 01:14:41 | need to see a live account. You don't even need to see a demo account. You |
899 | 01:14:41 --> 01:14:44 | don't see you don't need to see any of that. Of that stuff, because if I don't |
900 | 01:14:44 --> 01:14:47 | know what I'm talking about, I'm gonna fail miserably in front of all of you. |
901 | 01:14:47 --> 01:14:52 | And look what everybody's seeing. Isn't it fun? It's delicious, isn't it? |
902 | 01:14:53 --> 01:14:56 | Everybody wants me to do this, and I'm gonna do the opposite, and you're all |
903 | 01:14:56 --> 01:15:02 | still watching me. It's beautiful. Wasn't it. It's poetry. So you would be |
904 | 01:15:02 --> 01:15:07 | also marking every macro, every 20 minute interval. That's the first 10 |
905 | 01:15:07 --> 01:15:10 | minutes after the top of the hour, in the first or the last 10 minutes prior |
906 | 01:15:10 --> 01:15:16 | to the top of the hour. So they're always hour 50 minute to new hour 10 |
907 | 01:15:16 --> 01:15:20 | minutes after. So that 20 minute window, that's a macro you want to record that |
908 | 01:15:20 --> 01:15:23 | in all of your charts, well, not all of your charts, but in the one in five |
909 | 01:15:23 --> 01:15:27 | minute charts, that's where you should have it, and anywhere else you shouldn't |
910 | 01:15:27 --> 01:15:32 | need it. And the 30 minute opening ranges for the morning session, it's |
911 | 01:15:32 --> 01:15:37 | 9:30am to 10am and in the afternoon session, it's 1:30pm to 2pm Eastern |
912 | 01:15:37 --> 01:15:41 | Time. They don't change. Okay? They're always going to be static. And the first |
913 | 01:15:41 --> 01:15:45 | resistance of fair value gap inside of both of those opening ranges, and then |
914 | 01:15:45 --> 01:15:50 | obviously the opening range gaps, which I'm not including here, but you want to |
915 | 01:15:50 --> 01:15:53 | back test all this, mark up your PDA race, like I've done here. And this is |
916 | 01:15:53 --> 01:15:58 | very, very slim and not really bloated with a lot of stuff, but look how |
917 | 01:15:58 --> 01:16:03 | beautiful it is. These are the things I have on my my little notepad, you know, |
918 | 01:16:03 --> 01:16:08 | like here, that's the stuff I have written down. You ask to see it all the |
919 | 01:16:08 --> 01:16:11 | time because I don't want to teach this. I don't want to teach it because you're |
920 | 01:16:11 --> 01:16:14 | going to see a level and say, what is that? And because I won't answer you, |
921 | 01:16:14 --> 01:16:19 | you'll get mad at me. So to avoid it, I just never want to share it. So you're |
922 | 01:16:20 --> 01:16:25 | going to document how price runs form at these times with the very PD arrays that |
923 | 01:16:25 --> 01:16:30 | it forms. And by seeing it repeating over and over again by repetition, |
924 | 01:16:30 --> 01:16:35 | you'll start spotting these things are always occurring. And when you start |
925 | 01:16:35 --> 01:16:39 | seeing it, it's all time based, and it's going to the PD arrays that I teach |
926 | 01:16:40 --> 01:16:46 | that's coded. Smart money's looking for these same things. Okay, I promise you, |
927 | 01:16:46 --> 01:16:51 | they're not using indicators. I promise you, these individuals are not looking |
928 | 01:16:51 --> 01:16:57 | at indicators. They're looking at time and price. It's this type of thing |
929 | 01:16:57 --> 01:17:01 | they're looking for, not this exactly, but this is the language I created. So |
930 | 01:17:01 --> 01:17:06 | that way it gets real, real close, closer than anybody else has ever gotten |
931 | 01:17:06 --> 01:17:11 | before. And where do they run to, what objective they reach for that's your |
932 | 01:17:11 --> 01:17:16 | standard deviations on the opening ranges. And then was there any drawdown |
933 | 01:17:16 --> 01:17:21 | in any setup that performed? How much of a drawdown? How long did the time |
934 | 01:17:21 --> 01:17:26 | require for that that setup to pan out, or how long did it stay in profit before |
935 | 01:17:26 --> 01:17:30 | eventually stopping you out. You journal all those things, and you keep data on |
936 | 01:17:30 --> 01:17:36 | that. And then you also, you, you look for these things in terms of how much |
937 | 01:17:36 --> 01:17:40 | time and what time the run completed. And you're going to start seeing these |
938 | 01:17:40 --> 01:17:47 | signatures and time repeat over and over and over again. There's really no more |
939 | 01:17:47 --> 01:17:50 | lessons I'm going to give publicly, either in books or video, have anything |
940 | 01:17:50 --> 01:17:54 | to do with time. This is all you're going to get from me. There are so much |
941 | 01:17:54 --> 01:17:58 | more to it, but I'm not going to teach it anymore than the one I've shown you |
942 | 01:17:58 --> 01:18:02 | here. If you stick to what shown here, time wise here, and start looking for |
943 | 01:18:02 --> 01:18:07 | all the price runs and what PD arrays that form the price runs. You will learn |
944 | 01:18:07 --> 01:18:11 | by repetition how to be a better tape reader and read price action better. |
945 | 01:18:11 --> 01:18:14 | It's not a promise that you're going to make money. It means that you're going |
946 | 01:18:14 --> 01:18:18 | to be more comfortable in your skin watching these candlesticks form and |
947 | 01:18:18 --> 01:18:22 | trust where they're likely go. That in and of itself, is not profitable trading |
948 | 01:18:23 --> 01:18:28 | or consistently profitable trading. There's a huge gap in chasm between that |
949 | 01:18:28 --> 01:18:32 | point of your development and that, but you're never going to get there unless |
950 | 01:18:32 --> 01:18:37 | you start that means journaling, taking the information that I'm showing you |
951 | 01:18:37 --> 01:18:41 | here all the time, aspects that I've talked about here today include them on |
952 | 01:18:41 --> 01:18:45 | your chart if you're not recording them. I watch my students sometimes live |
953 | 01:18:45 --> 01:18:51 | stream, and they're very inconsistent. Sometimes I'll talk about a macro time. |
954 | 01:18:51 --> 01:18:55 | Other times they don't even mention them at all. And sometimes they're not even |
955 | 01:18:55 --> 01:18:58 | looking at it. And if they would have done so, it would have kept them from |
956 | 01:18:58 --> 01:19:02 | being offside on the trades. I'm not going to go in and correct any of my |
957 | 01:19:02 --> 01:19:06 | students. Number one, it's rude. Two, it's not my trade, |
958 | 01:19:07 --> 01:19:11 | and they're going to learn by doing it wrong, not by me telling them you're |
959 | 01:19:11 --> 01:19:15 | doing it wrong. It creates co dependency. That's why I don't give you |
960 | 01:19:15 --> 01:19:18 | the entries. That's why I don't give you the stop losses. I'm not going to do |
961 | 01:19:18 --> 01:19:25 | that. I don't want to sit there and have the concern about a trade outcome when I |
962 | 01:19:25 --> 01:19:30 | don't have it as the trader, but then I will have it. I will, I will absorb |
963 | 01:19:31 --> 01:19:37 | your, your scared anxiety about the outcome of the trade, because I'm going |
964 | 01:19:37 --> 01:19:40 | to be thinking all these people are watching me. They're worried about this. |
965 | 01:19:40 --> 01:19:46 | And I'm not focusing on price action, am I? I'm focusing on your emotions. That's |
966 | 01:19:46 --> 01:19:50 | why I don't do it that way. I teach it perfectly before it happens. This is |
967 | 01:19:50 --> 01:19:53 | what you're looking for. This is what it should do. It shouldn't do that, and |
968 | 01:19:53 --> 01:19:57 | it's going to go here. If I don't know what I'm doing, I'm going to fail. Have |
969 | 01:19:57 --> 01:20:07 | I it's. Yes, it's beautiful, it's art, and I'm having a great deal of fun, and |
970 | 01:20:07 --> 01:20:11 | it's almost like medicine for me, and I love doing it, but a lot of times, |
971 | 01:20:11 --> 01:20:14 | honestly, I don't even want to be in the telegram channel. I'm in a lot of pain, |
972 | 01:20:15 --> 01:20:20 | so just be patient with me. Hopefully, Lord's more martial and gets me where I |
973 | 01:20:20 --> 01:20:25 | need to be at but that's why my my output has been really, really low. I've |
974 | 01:20:26 --> 01:20:29 | not been producing any content. I have lots of videos I want to produce. |
975 | 01:20:29 --> 01:20:32 | They're outlined already, but I just don't have the energy to sit through it, |
976 | 01:20:33 --> 01:20:38 | to do it. And when I'm able to do it, I'll certainly do it. But until then, |
977 | 01:20:39 --> 01:20:43 | take what you get from me and be content with that? Okay, hopefully you found |
978 | 01:20:43 --> 01:20:47 | this one insightful. Hopefully it was beneficial in a lot of ways in terms of |
979 | 01:20:47 --> 01:20:51 | what you're looking for in terms of journaling. But you have to collect |
980 | 01:20:51 --> 01:20:59 | data, and how you do it is up to you. I sent a post to x, and I said that all of |
981 | 01:20:59 --> 01:21:03 | you that are willing to share how you journal and what medium or application |
982 | 01:21:03 --> 01:21:07 | or tool that you use, you're welcome to encourage others that are in the same |
983 | 01:21:07 --> 01:21:13 | community. And there's been some really wonderful products. I don't have an |
984 | 01:21:13 --> 01:21:18 | affiliate with anybody. I won't ever have an affiliate with anyone, but I've |
985 | 01:21:18 --> 01:21:21 | seen enough to know that some of those things look really good from the |
986 | 01:21:21 --> 01:21:25 | surface, and some of the students are saying they've been using for a long |
987 | 01:21:25 --> 01:21:29 | time. They like them. I'm not going to say their name here, because it will be |
988 | 01:21:29 --> 01:21:32 | like an advertisement for them. And you'll, you'll assume that I'm doing |
989 | 01:21:32 --> 01:21:35 | something through an affiliate with them, and I don't. I don't have any |
990 | 01:21:35 --> 01:21:39 | affiliate. You can't pay for my opinion. If I like something, I'm going to tell |
991 | 01:21:39 --> 01:21:43 | you honestly. If I don't like something, I'm going to tell you honestly, and that |
992 | 01:21:43 --> 01:21:48 | way, everything's the same with me. Whatever I say, I stand on it, and if my |
993 | 01:21:49 --> 01:21:56 | opinions matter to you, hopefully you can respect that, because I avoid having |
994 | 01:21:56 --> 01:22:00 | any confusion about whether I'm getting paid for my opinion about something. But |
995 | 01:22:00 --> 01:22:04 | this is going to be it for this one, and until I'll talk to you next time, Lord |
996 | 01:22:04 --> 01:22:05 | willing, be safe. You. |