Wiki source code of ICT YT - 2025-03-23 - 2025 Lecture Series - Algorithmic Timing and Journaling
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2 | |1 |00:00:20 ~-~-> 00:00:32 |ICT: All right, folks, welcome back. All right. So this is a weekly summary as of | ||
3 | |2 |00:00:33 ~-~-> 00:00:42 |weekending March 21 2025 and at the end of the lecture and review, I'll do a | ||
4 | |3 |00:00:42 ~-~-> 00:00:46 |little bit of a shotgun Saturday. So I'm kind of like blending everything | ||
5 | |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 | ||
6 | |5 |00:00:54 ~-~-> 00:01:03 |there the weekend, will have something like this each Saturday, and if my | ||
7 | |6 |00:01:03 ~-~-> 00:01:07 |schedule doesn't permit it Saturday, then it'll be Sunday or maybe earlier on | ||
8 | |7 |00:01:07 ~-~-> 00:01:15 |Friday evening. But this is kind of like where I review basically the week. I | ||
9 | |8 |00:01:15 ~-~-> 00:01:21 |will talk about things that are, in my opinion, encouragement, and also teach | ||
10 | |9 |00:01:21 ~-~-> 00:01:26 |something that salient for that week. What was useful? How did I use certain | ||
11 | |10 |00:01:26 ~-~-> 00:01:33 |things? Whether it be I show it in Telegram for the free students that are | ||
12 | |11 |00:01:33 ~-~-> 00:01:38 |in there watching me call the market and trade and then, or if I share an | ||
13 | |12 |00:01:38 ~-~-> 00:01:42 |example, you know after the fact. In other words, if it's something that I've | ||
14 | |13 |00:01:42 ~-~-> 00:01:47 |done with a family member, or my son, that I worked with him or worked with, | ||
15 | |14 |00:01:47 ~-~-> 00:01:51 |like presently, this past week, I worked with my niece, trying to teach her how | ||
16 | |15 |00:01:51 ~-~-> 00:01:57 |to build a model and use what I'm basically doing in 2025 in front of all | ||
17 | |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 | ||
18 | |17 |00:02:02 ~-~-> 00:02:06 |want to do that, but I just kind of like want to thank you for your patience, | ||
19 | |18 |00:02:06 ~-~-> 00:02:10 |because you probably noticed I have not been putting on videos a lot, and I | ||
20 | |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 | ||
21 | |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 | ||
22 | |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 | ||
23 | |22 |00:02:26 ~-~-> 00:02:29 |with a lot of probably edits that you won't be aware of, but there will be | ||
24 | |23 |00:02:29 ~-~-> 00:02:34 |lots of them because of the pain and discomfort I'm feeling while I'm going | ||
25 | |24 |00:02:34 ~-~-> 00:02:41 |through it. All right, so we're looking at the week ending March 21 2025 and | ||
26 | |25 |00:02:41 ~-~-> 00:02:49 |we're focusing only on NASDAQ. All right, so this is a weekly chart, and | ||
27 | |26 |00:02:49 ~-~-> 00:02:54 |I'm showing the continuous chart on trading view, and if you pull up | ||
28 | |27 |00:02:54 ~-~-> 00:02:59 |enqueue, just put that in the Search tab and then click on the Nasdaq futures, | ||
29 | |28 |00:03:00 ~-~-> 00:03:05 |it'll give you the top option, which is the continuous chart. So that's what | ||
30 | |29 |00:03:05 ~-~-> 00:03:10 |we're showing here. And I'm going to contrast that with the actual contract | ||
31 | |30 |00:03:10 ~-~-> 00:03:16 |month for delivery, June 2025, but this is the weekly continuation or continuous | ||
32 | |31 |00:03:16 ~-~-> 00:03:23 |chart, rather, when this is the actual teachers contract for June delivery 2025 | ||
33 | |32 |00:03:24 ~-~-> 00:03:28 |and I want to spend a little bit of time here not long, just a couple minutes. | ||
34 | |33 |00:03:28 ~-~-> 00:03:36 |And then we're going to focus on what the NASDAQ did on Friday and how it | ||
35 | |34 |00:03:36 ~-~-> 00:03:41 |worked inside of the range for the week. And I'm going to teach you something | ||
36 | |35 |00:03:41 ~-~-> 00:03:47 |that is algorithmic around the opening range. Okay, so we're looking at the | ||
37 | |36 |00:03:47 ~-~-> 00:03:50 |daily chart here, and the only thing I really want to bring your attention to, | ||
38 | |37 |00:03:50 ~-~-> 00:03:54 |first and foremost, is I don't know what the opening price is going to be on | ||
39 | |38 |00:03:54 ~-~-> 00:03:59 |Sunday. Nobody does. And since no one knows what that is, we all have to | ||
40 | |39 |00:03:59 ~-~-> 00:04:04 |submit to that and wait when that opening price is delivered on Sunday at | ||
41 | |40 |00:04:04 ~-~-> 00:04:11 |6pm eastern time, then we could start worrying about what may or may not | ||
42 | |41 |00:04:11 ~-~-> 00:04:16 |happen for the week. Okay, so the analysis that I do on the weekend, | ||
43 | |42 |00:04:16 ~-~-> 00:04:20 |whether it be Friday evening after the market closes and my family goes to | ||
44 | |43 |00:04:20 ~-~-> 00:04:25 |sleep and I'm up, or if it's during Saturday when I have the opportunity to | ||
45 | |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 | ||
46 | |45 |00:04:33 ~-~-> 00:04:37 |YouTube channel about 2pm and real life got in the way, and my wife pulled my | ||
47 | |46 |00:04:37 ~-~-> 00:04:41 |attention away from it, so that had to be a little bit later. So if everything | ||
48 | |47 |00:04:41 ~-~-> 00:04:46 |goes well, this should be up at 4pm Eastern Time, Saturday, March, 22 2025 | ||
49 | |48 |00:04:48 ~-~-> 00:04:52 |Let's hope so, right. So, because I don't know what the opening price is on | ||
50 | |49 |00:04:52 ~-~-> 00:04:59 |Sunday, I'm going to give you what I believe is likely to occur. This is what | ||
51 | |50 |00:04:59 ~-~-> 00:05:04 |I'm. Personally looking for, and I'm also going to give you the things that | ||
52 | |51 |00:05:04 ~-~-> 00:05:07 |would be contrary, because I don't know what Sunday's opening price is going to | ||
53 | |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 | ||
54 | |53 |00:05:12 ~-~-> 00:05:17 |since I started teaching. My private students in mentorship will confirm this | ||
55 | |54 |00:05:17 ~-~-> 00:05:20 |is how it's always been. We have to submit to whatever the opening price is | ||
56 | |55 |00:05:20 ~-~-> 00:05:23 |on Sunday, and then we can start running calculations, and then we can start | ||
57 | |56 |00:05:23 ~-~-> 00:05:26 |doing our projections and what we think the weekly high is going to be, what the | ||
58 | |57 |00:05:26 ~-~-> 00:05:30 |weekly low is going to be, the daily highs and daily all those things, they | ||
59 | |58 |00:05:30 ~-~-> 00:05:34 |are much easier to do once we know where the week opens. And because of all the | ||
60 | |59 |00:05:34 ~-~-> 00:05:37 |things with tariffs and all the trade wars and all the things that I told you | ||
61 | |60 |00:05:38 ~-~-> 00:05:44 |back in well Old Quarter spaces. We're seeing that come to fruition now, and | ||
62 | |61 |00:05:44 ~-~-> 00:05:48 |it's making things a little bit more complex from the fundamental side. And | ||
63 | |62 |00:05:48 ~-~-> 00:05:52 |that's the reason why I don't focus primarily on fundamentals. I trust the | ||
64 | |63 |00:05:52 ~-~-> 00:05:57 |technicals will give me everything I need. And if I'm wrong, I'm okay. I'm | ||
65 | |64 |00:05:57 ~-~-> 00:06:04 |okay with being wrong, but I'm not astute enough to decipher, or, you know, | ||
66 | |65 |00:06:04 ~-~-> 00:06:10 |break down, what the fundamental aspects are going to be. Because no matter how | ||
67 | |66 |00:06:10 ~-~-> 00:06:14 |long you've been doing this, if you lay the fundamental data in front of, you | ||
68 | |67 |00:06:14 ~-~-> 00:06:18 |know, a room full of people or traders, they're not all going to come to the | ||
69 | |68 |00:06:18 ~-~-> 00:06:22 |same consensus. So it's an opinion, and I'd rather have my opinion derived from | ||
70 | |69 |00:06:22 ~-~-> 00:06:26 |the technicals inside price action than that of trying to decipher what | ||
71 | |70 |00:06:26 ~-~-> 00:06:32 |fundamental data is going to be salient or not. So if you look at this little | ||
72 | |71 |00:06:32 ~-~-> 00:06:39 |area right up in here, this is a volume imbalance, okay? And what makes it a | ||
73 | |72 |00:06:39 ~-~-> 00:06:43 |volume imbalance is the fact that there are two candles that are touching one | ||
74 | |73 |00:06:43 ~-~-> 00:06:51 |another only by the wicks the bodies are not touching at all. So that little | ||
75 | |74 |00:06:51 ~-~-> 00:06:58 |segment, that's where my eye jumps to. And I believe since we have basically | ||
76 | |75 |00:06:58 ~-~-> 00:07:03 |staved off any kind of lower prices on Thursday and Friday. Friday, it looked | ||
77 | |76 |00:07:03 ~-~-> 00:07:07 |like it was going to break a little bit more aggressive, but it only went down | ||
78 | |77 |00:07:07 ~-~-> 00:07:09 |to the balanced price range, which we'll talk about again. And then a couple | ||
79 | |78 |00:07:09 ~-~-> 00:07:15 |slides from now, once it took out that low, which what we were aiming for, then | ||
80 | |79 |00:07:15 ~-~-> 00:07:22 |it pulled back, and we traded near the upper portion of the weekly range. I'm | ||
81 | |80 |00:07:22 ~-~-> 00:07:31 |under the opinion, let's say it that way, that should we take out Thursday's | ||
82 | |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 | ||
83 | |82 |00:07:37 ~-~-> 00:07:43 |there, it's going to gravitate up towards here. Now there's supposed to be | ||
84 | |83 |00:07:43 ~-~-> 00:07:48 |something that's, you know, impactful April 2 as it relates to tariffs and | ||
85 | |84 |00:07:48 ~-~-> 00:07:52 |such. I'm not going to go into detail, because I just go through the headlines. | ||
86 | |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 | ||
87 | |86 |00:07:56 ~-~-> 00:08:02 |for financial headlines that kind of like point to certain dates or promote | ||
88 | |87 |00:08:02 ~-~-> 00:08:09 |fear or exuberance, excitement about something being moving in one direction | ||
89 | |88 |00:08:09 ~-~-> 00:08:12 |or another, and usually when their headlines are talking about it, it's | ||
90 | |89 |00:08:12 ~-~-> 00:08:16 |already been moving for a while. So I like to fade those types of things. But | ||
91 | |90 |00:08:16 ~-~-> 00:08:21 |when it comes to tariffs, I'm kind of like keeping my cards close to my vest, | ||
92 | |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, | ||
93 | |92 |00:08:27 ~-~-> 00:08:32 |I'm looking for still lower prices. I don't think that we have made a low | ||
94 | |93 |00:08:32 ~-~-> 00:08:37 |here, at least from the technicals that I see here, nothing in here suggests | ||
95 | |94 |00:08:37 ~-~-> 00:08:41 |that we're going to trade, you know, back up to the highs up here, and that | ||
96 | |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 | ||
97 | |96 |00:08:46 ~-~-> 00:08:49 |of time back and forth in here with all these candlesticks, the only real | ||
98 | |97 |00:08:49 ~-~-> 00:08:55 |separation from where we are right now on Friday's close to that of this price | ||
99 | |98 |00:08:55 ~-~-> 00:09:00 |run here, from this short term high down to that low. This little area here is | ||
100 | |99 |00:09:00 ~-~-> 00:09:05 |the only portion of price action that's somewhat broken. In other words, if this | ||
101 | |100 |00:09:05 ~-~-> 00:09:12 |was like a metal chain, this would be the weak link. So it's gonna, most | ||
102 | |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 | ||
103 | |102 |00:09:17 ~-~-> 00:09:22 |that it wants to maybe go back up in there and lay a candlestick back inside | ||
104 | |103 |00:09:22 ~-~-> 00:09:27 |this little separation between these two candles bodies, then we could see it | ||
105 | |104 |00:09:27 ~-~-> 00:09:32 |roll over. Now, if we roll over into next week and just don't even come back | ||
106 | |105 |00:09:32 ~-~-> 00:09:37 |up there, that's exceedingly weak, and then we're looking for things below | ||
107 | |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 | ||
108 | |107 |00:09:44 ~-~-> 00:09:49 |windshield view, what I think is likely to occur going to next week. But again, | ||
109 | |108 |00:09:49 ~-~-> 00:09:54 |that prognostication may not be accurate, because I don't know what the | ||
110 | |109 |00:09:54 ~-~-> 00:09:59 |Sunday opening prices. So if you've gone through my mentorship core content, | ||
111 | |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, | ||
112 | |111 |00:10:03 ~-~-> 00:10:06 |and you can watch those videos on my YouTube channel for free. Do not pay | ||
113 | |112 |00:10:06 ~-~-> 00:10:11 |people to buy my mentorship videos. They're absolutely on my YouTube channel | ||
114 | |113 |00:10:11 ~-~-> 00:10:13 |and have at it. So all | ||
115 | |114 |00:10:14 ~-~-> 00:10:19 |right, and this is the hourly chart, and that segmented little break in price | ||
116 | |115 |00:10:19 ~-~-> 00:10:25 |action that I highlighted on the daily chart that's being shown here on the | ||
117 | |116 |00:10:25 ~-~-> 00:10:29 |canvas of a one hour chart, as you can see here. So this is the daily volume | ||
118 | |117 |00:10:29 ~-~-> 00:10:34 |imbalance, and this is the price range that we've had basically for the | ||
119 | |118 |00:10:34 ~-~-> 00:10:45 |entirety of March. This, to me, it kind of it relies on your ability to trust | ||
120 | |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 | ||
121 | |120 |00:10:50 ~-~-> 00:10:55 |I'm willing to see it go up here into this volume imbalance. That's what I | ||
122 | |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 | ||
123 | |122 |00:10:59 ~-~-> 00:11:05 |to put in that little patchwork on the daily chart, then it would free it up to | ||
124 | |123 |00:11:05 ~-~-> 00:11:13 |expand and explore lower prices, below the lows that's been formed here and | ||
125 | |124 |00:11:13 ~-~-> 00:11:20 |here. So we're going to see, obviously, you know, Sunday, going into Monday's | ||
126 | |125 |00:11:20 ~-~-> 00:11:30 |trading, what they're aiming for buy side is here initially, because we have | ||
127 | |126 |00:11:30 ~-~-> 00:11:33 |this high and we have the slightly higher high. Now I could very easily | ||
128 | |127 |00:11:33 ~-~-> 00:11:37 |just say, Well, let me just anchor to that. But because we're in a really | ||
129 | |128 |00:11:38 ~-~-> 00:11:42 |prolonged trading range, it could just very well trade above this high and then | ||
130 | |129 |00:11:42 ~-~-> 00:11:47 |just bump that high and never get above that high. So when we're playing inside | ||
131 | |130 |00:11:47 ~-~-> 00:11:50 |of a large trading range like this, I like to be a little bit more nimble and | ||
132 | |131 |00:11:50 ~-~-> 00:11:55 |not require it to do the extremes. So you can, you can make a whole lot of | ||
133 | |132 |00:11:55 ~-~-> 00:12:02 |wonderful setups using 75 to 80% of the trading range, high and low, and never | ||
134 | |133 |00:12:02 ~-~-> 00:12:07 |trade outside the range, and use these smaller, short term highs and lows | ||
135 | |134 |00:12:07 ~-~-> 00:12:13 |inside that larger range, meaning that this was the high of the range and this | ||
136 | |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 | ||
137 | |136 |00:12:19 ~-~-> 00:12:27 |20 as the levels if every swing high that was at or just above, but not the | ||
138 | |137 |00:12:27 ~-~-> 00:12:32 |actual high here of the trading range that's being shown here. If you look at | ||
139 | |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 | ||
140 | |139 |00:12:43 ~-~-> 00:12:50 |believe that you would be able to focus on the ideal little intraday turtle soup | ||
141 | |140 |00:12:50 ~-~-> 00:12:55 |formations. They could act as targets, or they can act as new injuries. But | ||
142 | |141 |00:12:55 ~-~-> 00:12:58 |because we're looking at analysis and we're looking for forward thinking | ||
143 | |142 |00:12:58 ~-~-> 00:13:07 |setups, the cell side that I like is here, right there. Notice that it's | ||
144 | |143 |00:13:07 ~-~-> 00:13:12 |below the low here and this low here. Now, why am I making the jump to this | ||
145 | |144 |00:13:12 ~-~-> 00:13:20 |low here? Why didn't I use the same logic here? Well, it's because this low | ||
146 | |145 |00:13:20 ~-~-> 00:13:26 |actually went just below that one here, so this is already lower than that one. | ||
147 | |146 |00:13:26 ~-~-> 00:13:30 |So that means that it would technically be this low and this low being the | ||
148 | |147 |00:13:30 ~-~-> 00:13:35 |relative equal low. So I'm going to take your attention to the lower one, because | ||
149 | |148 |00:13:35 ~-~-> 00:13:38 |in a perfect world, all things being equal, that's where the sell side is | ||
150 | |149 |00:13:38 ~-~-> 00:13:41 |going to be. I could be wrong. I'm completely content with being wrong. | ||
151 | |150 |00:13:41 ~-~-> 00:13:47 |Sometimes you've seen me get my targets hit by price delivery, but the limit | ||
152 | |151 |00:13:47 ~-~-> 00:13:51 |order simply not get filled. And that's unfortunately, the price you pay when | ||
153 | |152 |00:13:51 ~-~-> 00:13:54 |you're trying to be so surgical and precise, and it's actually a compliment | ||
154 | |153 |00:13:54 ~-~-> 00:13:57 |to your trading. If you can't get filled on your limit order, you're trying to | ||
155 | |154 |00:13:57 ~-~-> 00:14:01 |get out the high and low, and you can't get filled someone that may be a | ||
156 | |155 |00:14:01 ~-~-> 00:14:06 |detractor, or someone that's, you know, hateful, playful online, they would say, | ||
157 | |156 |00:14:06 ~-~-> 00:14:10 |you know, something condescending about that. To me, I think that it's a | ||
158 | |157 |00:14:10 ~-~-> 00:14:13 |wonderful testimony that you knew exactly what you're looking for, and the | ||
159 | |158 |00:14:13 ~-~-> 00:14:20 |level of precision is so thin that it did not even fill your limit order. I've | ||
160 | |159 |00:14:20 ~-~-> 00:14:24 |actually had trades go right to my limit order and one tick or two ticks above | ||
161 | |160 |00:14:24 ~-~-> 00:14:30 |and still not fill me again. Is that? Is that a weakness? Is that a lack of | ||
162 | |161 |00:14:30 ~-~-> 00:14:35 |prowess as a trader? Absolutely not. It just means that they simply denied your | ||
163 | |162 |00:14:35 ~-~-> 00:14:39 |fill. And that's going to happen when you're trading with real money. So those | ||
164 | |163 |00:14:39 ~-~-> 00:14:44 |are my liquidity pools on the hourly chart. I'm going to drop down into a 15 | ||
165 | |164 |00:14:44 ~-~-> 00:14:49 |minute time frame. And here is that balance price range, and I have it very | ||
166 | |165 |00:14:49 ~-~-> 00:14:58 |lightly shaded, but if you're a member of my telegram, it is very, I guess, | ||
167 | |166 |00:14:58 ~-~-> 00:15:03 |satisfying. I. To see what we were looking for this week, trade down just | ||
168 | |167 |00:15:03 ~-~-> 00:15:09 |below that low by a tick. Look at that, that little, tiny, little stab below | ||
169 | |168 |00:15:09 ~-~-> 00:15:13 |that. And then we had all this price movement moving higher. We're going to | ||
170 | |169 |00:15:13 ~-~-> 00:15:16 |break down Friday's price action, but I want you to take a look at this 15 | ||
171 | |170 |00:15:16 ~-~-> 00:15:23 |minute time frame. Pause the video and think about why price went to this level | ||
172 | |171 |00:15:23 ~-~-> 00:15:29 |here before closing, all the way from this low all the way up here. Why did it | ||
173 | |172 |00:15:29 ~-~-> 00:15:36 |draw here? Okay, look at what you did in your own analysis. Look at what you did | ||
174 | |173 |00:15:36 ~-~-> 00:15:42 |in your trading. And then, when you're ready, unpause the video. If you don't, | ||
175 | |174 |00:15:42 ~-~-> 00:15:45 |you don't pause the video. These are really wonderful opportunities that | ||
176 | |175 |00:15:45 ~-~-> 00:15:50 |you're going to miss if you don't participate interactively. Okay, so it | ||
177 | |176 |00:15:50 ~-~-> 00:15:53 |gives you the opportunity to look for the reasons why price did something, | ||
178 | |177 |00:15:54 ~-~-> 00:15:57 |versus just simply watching the video and saying, Oh, well, you know, you | ||
179 | |178 |00:15:57 ~-~-> 00:16:00 |know, I would have saw that. And that would be unfortunate, because most of my | ||
180 | |179 |00:16:00 ~-~-> 00:16:04 |students like to say things that they really wouldn't have done if they | ||
181 | |180 |00:16:05 ~-~-> 00:16:09 |followed the directions. And pause the video you don't know. You can't trust | ||
182 | |181 |00:16:09 ~-~-> 00:16:13 |your progress and or learning and measure it accurately unless you do | ||
183 | |182 |00:16:13 ~-~-> 00:16:17 |these exercises. That's why I put them in there. So pause the video when you're | ||
184 | |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 | ||
185 | |184 |00:16:26 ~-~-> 00:16:30 |listen, so I want to take your attention to that candlestick right there. That's | ||
186 | |185 |00:16:30 ~-~-> 00:16:37 |10am on Thursday. Okay, I'm not going to add it to the annotations, but I want | ||
187 | |186 |00:16:37 ~-~-> 00:16:41 |you to write that down in your notes. And you should be writing things down as | ||
188 | |187 |00:16:41 ~-~-> 00:16:44 |I'm talking to you in these lectures. If you're simply watching it like Netflix, | ||
189 | |188 |00:16:44 ~-~-> 00:16:48 |you're never going to retain it. You're not going to remember it, and you're | ||
190 | |189 |00:16:48 ~-~-> 00:16:51 |certainly not going to be inspired to take the information that you gleaned | ||
191 | |190 |00:16:51 ~-~-> 00:16:54 |from it and go into your charts looking for it. If you're not writing things | ||
192 | |191 |00:16:54 ~-~-> 00:16:57 |down that I'm talking about, you're wasting your time. I'm not wasting my | ||
193 | |192 |00:16:57 ~-~-> 00:17:01 |time. You're wasting yours. So don't waste your time. Do it the right way. | ||
194 | |193 |00:17:01 ~-~-> 00:17:05 |Take notes. But that 10 o'clock candlestick right there, I want you to | ||
195 | |194 |00:17:05 ~-~-> 00:17:10 |annotate that. Okay? Because we're going to refer to that at the last few minutes | ||
196 | |195 |00:17:10 ~-~-> 00:17:20 |of the review, if you will. Rightness the five minute chart. And again, I want | ||
197 | |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 | ||
198 | |197 |00:17:27 ~-~-> 00:17:33 |the video, but again, in that same proximity right in here, I want you to | ||
199 | |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 | ||
200 | |199 |00:17:40 ~-~-> 00:17:45 |to break things down. This level is the low of that balanced price range that I | ||
201 | |200 |00:17:45 ~-~-> 00:17:49 |gave you in the telegram channel before it traded down through it with high | ||
202 | |201 |00:17:49 ~-~-> 00:17:54 |resistance liquidity conditions. It went right down to it and through it by tick. | ||
203 | |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 | ||
204 | |203 |00:17:59 ~-~-> 00:18:07 |to here. Wouldn't it be interesting? Wouldn't it be enigmatic, if you could | ||
205 | |204 |00:18:07 ~-~-> 00:18:13 |determine where that high was going to be? Now you've seen me do things already | ||
206 | |205 |00:18:13 ~-~-> 00:18:16 |this year, and if you've been with me for a long time, especially paid | ||
207 | |206 |00:18:16 ~-~-> 00:18:19 |membership and mentorship students, they've seen me do things that are | ||
208 | |207 |00:18:19 ~-~-> 00:18:26 |extremely precise, and I'm not here to show off. Okay, I could. I could put on | ||
209 | |208 |00:18:26 ~-~-> 00:18:31 |the ICT mask and and do all the Stone Cold Steve Austin, you know, theatrics | ||
210 | |209 |00:18:31 ~-~-> 00:18:36 |and stuff. But I'm hopefully past that you guys can just simply just absorb the | ||
211 | |210 |00:18:36 ~-~-> 00:18:40 |information I'm sharing, and we can talk like we've been with friends for a long | ||
212 | |211 |00:18:40 ~-~-> 00:18:49 |time, looking at that price run from that low mouse here, that low up to | ||
213 | |212 |00:18:49 ~-~-> 00:18:53 |here. We're going to look at all that price action right there. And I want you | ||
214 | |213 |00:18:53 ~-~-> 00:18:56 |to think about it, okay, because there are a lot of people that are still | ||
215 | |214 |00:18:56 ~-~-> 00:19:01 |jawboning and telling you, as a student of mine, that there is no algorithm. | ||
216 | |215 |00:19:01 ~-~-> 00:19:06 |They're going to tell you that there's no rhyme or reason to the candlesticks, | ||
217 | |216 |00:19:07 ~-~-> 00:19:11 |there's no justifiable means to an end. By looking at the things that I'm | ||
218 | |217 |00:19:11 ~-~-> 00:19:15 |showing in the chart, they all just cherry pick. That's what they're going | ||
219 | |218 |00:19:15 ~-~-> 00:19:18 |to tell you. But you're seeing that is not true because you're watching me do | ||
220 | |219 |00:19:18 ~-~-> 00:19:24 |it live, candle by candle, in a very large audience, and I've had a large | ||
221 | |220 |00:19:24 ~-~-> 00:19:28 |audience following me for years behind a pay wall, and I've been doing these | ||
222 | |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 | ||
223 | |222 |00:19:34 ~-~-> 00:19:35 |want you to think about | ||
224 | |223 |00:19:36 ~-~-> 00:19:40 |if there is an algorithm, say you're on the fence, say that you came to this | ||
225 | |224 |00:19:40 ~-~-> 00:19:42 |video for the first time. You heard on that guy that talks about the algorithm. | ||
226 | |225 |00:19:42 ~-~-> 00:19:46 |About the algorithm. I'm the guy that knows, you know this, that and the other | ||
227 | |226 |00:19:46 ~-~-> 00:19:53 |thing, okay, I want to challenge you. I want you to I want you to think about | ||
228 | |227 |00:19:53 ~-~-> 00:19:59 |how might a algorithm deliver price if there really is something at work you. | ||
229 | |228 |00:20:00 ~-~-> 00:20:05 |If there's an engine behind the scenes that's controlling the spooling effect | ||
230 | |229 |00:20:05 ~-~-> 00:20:10 |of price action, where it starts to real run and just reach to liquidity or | ||
231 | |230 |00:20:10 ~-~-> 00:20:16 |inefficiencies. When would it do it? Wouldn't it do it by a specific time? | ||
232 | |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 | ||
233 | |232 |00:20:22 ~-~-> 00:20:27 |in the bullish phases, in the bearish phases, even in an intraday price chart, | ||
234 | |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 | ||
235 | |234 |00:20:30 ~-~-> 00:20:34 |here that answers a lot of questions that came to me by my own personal | ||
236 | |235 |00:20:34 ~-~-> 00:20:38 |students that are behind a pay wall. And these are questions that come to me in | ||
237 | |236 |00:20:38 ~-~-> 00:20:43 |the comment section because, it doesn't look like there's a comment section | ||
238 | |237 |00:20:43 ~-~-> 00:20:46 |that's open and people are leaving comments, but you just can't read them. | ||
239 | |238 |00:20:46 ~-~-> 00:20:50 |There's a lot of people that are posting things that are crypto oriented. They're | ||
240 | |239 |00:20:51 ~-~-> 00:20:55 |just basically spamming the comment section on my YouTube channel. So | ||
241 | |240 |00:20:55 ~-~-> 00:21:01 |obviously, if you want to bring some heat towards me, I'm literally on x | ||
242 | |241 |00:21:01 ~-~-> 00:21:05 |where everybody can talk to me. So I'm not hiding behind the comment section on | ||
243 | |242 |00:21:05 ~-~-> 00:21:10 |YouTube channel. I'm just babysitting no one in that comment section. Really. I | ||
244 | |243 |00:21:10 ~-~-> 00:21:15 |just want to have the ability to see people's comments and all the adoration. | ||
245 | |244 |00:21:15 ~-~-> 00:21:20 |And, you know, the appreciation, majority of it is 99.9% of it, it's | ||
246 | |245 |00:21:21 ~-~-> 00:21:25 |that. But the folks that you know want to basically try to troll me, you're | ||
247 | |246 |00:21:25 ~-~-> 00:21:29 |wasting your time because no one's going to see that comment. But I'm including | ||
248 | |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, | ||
249 | |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 | ||
250 | |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 | ||
251 | |250 |00:21:41 ~-~-> 00:21:45 |that sees me, they'll see your comment. And like I said, I'm not hiding from | ||
252 | |251 |00:21:45 ~-~-> 00:21:49 |anything or anyone, but I want you to think about some of the things that | ||
253 | |252 |00:21:49 ~-~-> 00:21:55 |might be problematic with this storyline of a algorithm or not having an | ||
254 | |253 |00:21:55 ~-~-> 00:22:00 |algorithm, because if there is an algorithm, then there should be some | ||
255 | |254 |00:22:00 ~-~-> 00:22:06 |measure of repeating phenomenon based on time, because if there's an algorithm, | ||
256 | |255 |00:22:06 ~-~-> 00:22:09 |it's not going to randomly generate price runs. | ||
257 | |256 |00:22:09 ~-~-> 00:22:14 |Think about it. It would be chaos. And if they're going to go | ||
258 | |257 |00:22:14 ~-~-> 00:22:20 |to the trouble of creating an algorithm, hire individuals to code to put these | ||
259 | |258 |00:22:20 ~-~-> 00:22:27 |things in play, and why wouldn't it be structured? Why wouldn't it be time | ||
260 | |259 |00:22:27 ~-~-> 00:22:34 |based? Why wouldn't it be in a form and fashion that is predictable? That's | ||
261 | |260 |00:22:34 ~-~-> 00:22:38 |that's what I'm trying to challenge you with here. Okay, I want you to think | ||
262 | |261 |00:22:38 ~-~-> 00:22:42 |about that, because if there is an algorithm, you will see signatures that | ||
263 | |262 |00:22:42 ~-~-> 00:22:47 |repeat and they're going to be timed. They're going to be very specifically | ||
264 | |263 |00:22:47 ~-~-> 00:22:53 |time based price runs. That means they begin and or end at very specific times. | ||
265 | |264 |00:22:54 ~-~-> 00:23:02 |Think about that, because this is the easiest way to run a litmus test against | ||
266 | |265 |00:23:02 ~-~-> 00:23:06 |the theory that I'm promoting and have been promoting for a long, long time. | ||
267 | |266 |00:23:08 ~-~-> 00:23:12 |There's a lot of people out there they know about algorithms in trading, and | ||
268 | |267 |00:23:12 ~-~-> 00:23:15 |there's a lot of people that'll say, yeah, there's lots of algorithms out | ||
269 | |268 |00:23:15 ~-~-> 00:23:18 |there. Yeah, there's lots of algorithms out there, high frequency trading | ||
270 | |269 |00:23:18 ~-~-> 00:23:23 |algorithms, there's higher Time Frame algorithms, all those things, they're | ||
271 | |270 |00:23:23 ~-~-> 00:23:28 |true, but that's not what I'm talking about. That's not what I'm talking | ||
272 | |271 |00:23:28 ~-~-> 00:23:36 |about. How can listen now? How can all of those various large institutions that | ||
273 | |272 |00:23:36 ~-~-> 00:23:40 |use high frequency trading algorithms, they use algorithms to put themselves in | ||
274 | |273 |00:23:40 ~-~-> 00:23:46 |very large positions. They're not always high frequency trading algorithms, but | ||
275 | |274 |00:23:46 ~-~-> 00:23:50 |they have an algorithm that facilitates their trades when they put them into the | ||
276 | |275 |00:23:50 ~-~-> 00:24:00 |marketplace. If, if we cannot see time based signatures, if we can't see that | ||
277 | |276 |00:24:01 ~-~-> 00:24:06 |based on the logic that I've already taught. I've already taught these very | ||
278 | |277 |00:24:06 ~-~-> 00:24:12 |specific times. And you see my students all around the world, they're taking | ||
279 | |278 |00:24:12 ~-~-> 00:24:17 |money out of Prop firms, huge amounts of money out of the prop firms. They're | ||
280 | |279 |00:24:17 ~-~-> 00:24:21 |trading their own accounts with real, live, regulated brokers like amp, global | ||
281 | |280 |00:24:22 ~-~-> 00:24:28 |trade station, Ninja Trader, all of these big names. I have students in | ||
282 | |281 |00:24:28 ~-~-> 00:24:36 |every one of those areas, and they're taking down huge, huge deposits turning | ||
283 | |282 |00:24:36 ~-~-> 00:24:43 |to large withdrawals. We're taking money out using what I'm teaching and what | ||
284 | |283 |00:24:43 ~-~-> 00:24:49 |I've taught, and as its creator, Nothing pleases me more than to see that, and | ||
285 | |284 |00:24:49 ~-~-> 00:24:52 |I'm not wasting my time by teaching this, because I knew there is another | ||
286 | |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 | ||
287 | |286 |00:24:56 ~-~-> 00:25:00 |I'm going to show you here today, because this is going to slap. Is the | ||
288 | |287 |00:25:00 ~-~-> 00:25:06 |mouth of anyone that says there isn't an algorithm. It's going to basically stand | ||
289 | |288 |00:25:06 ~-~-> 00:25:13 |in the face of them and defiantly say, prove this doesn't happen. Because if | ||
290 | |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 | ||
291 | |290 |00:25:20 ~-~-> 00:25:25 |wrestle with the facts that I'm going to provide here and just simply admit | ||
292 | |291 |00:25:25 ~-~-> 00:25:30 |there's just, there's no shame in it, wouldn't it? Wouldn't it be advantageous | ||
293 | |292 |00:25:31 ~-~-> 00:25:37 |if you were to simply see the fruits of it, the truth behind it all, and then | ||
294 | |293 |00:25:37 ~-~-> 00:25:40 |say, You know what? This makes a whole lot more sense now, because if it's a | ||
295 | |294 |00:25:40 ~-~-> 00:25:45 |random market, that's scary to me, that's scary to me, but when you hear | ||
296 | |295 |00:25:45 ~-~-> 00:25:50 |someone say, the markets are rigged to the tick in their time based delivery, | ||
297 | |296 |00:25:50 ~-~-> 00:25:52 |it doesn't matter what the buying selling pressure is, because that's not | ||
298 | |297 |00:25:52 ~-~-> 00:26:00 |a facilitating factor. It would create the high and low, What? What? Yeah, | ||
299 | |298 |00:26:00 ~-~-> 00:26:04 |that's exactly what it is. There's no buying and selling pressure. The | ||
300 | |299 |00:26:05 ~-~-> 00:26:09 |algorithm is going to keep delivering price higher or lower until it takes it | ||
301 | |300 |00:26:09 ~-~-> 00:26:15 |to a price that is already determined as a objective, and it's going to deliver | ||
302 | |301 |00:26:15 ~-~-> 00:26:22 |it to a specific time, or with any measure of time that's like a macro. | ||
303 | |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 | ||
304 | |303 |00:26:27 ~-~-> 00:26:32 |after a brand new hour starts. Then there are macros that are very specific, | ||
305 | |304 |00:26:32 ~-~-> 00:26:37 |like the lunch macro, and then the final hour of render trading hours macro, | ||
306 | |305 |00:26:38 ~-~-> 00:26:43 |there's, there's four macros inside that last hour trading, virtual trading | ||
307 | |306 |00:26:43 ~-~-> 00:26:48 |hours. You hear people call it power hour or worse, the last hour trading, | ||
308 | |307 |00:26:48 ~-~-> 00:26:52 |something to that effect. But it's basically a very sweet spot that creates | ||
309 | |308 |00:26:52 ~-~-> 00:26:58 |the extreme end of the range for the daily candlestick. I have been in other | ||
310 | |309 |00:26:58 ~-~-> 00:27:04 |people's live streams, and I have called that last 10 minutes to the tick. And | ||
311 | |310 |00:27:04 ~-~-> 00:27:07 |they can't hide it. In fact, they were all impressed with it as well. And you | ||
312 | |311 |00:27:07 ~-~-> 00:27:11 |can go and watch all of those people. They still, they still have their live | ||
313 | |312 |00:27:11 ~-~-> 00:27:18 |streams up. I'm going to share a little bit about how I do that today. Okay, | ||
314 | |313 |00:27:19 ~-~-> 00:27:23 |these are things that I really didn't ever want to teach, but simply because | ||
315 | |314 |00:27:23 ~-~-> 00:27:28 |I'm having a lot of fun, and hopefully the feedback will make me feel better, | ||
316 | |315 |00:27:28 ~-~-> 00:27:32 |because I have not been feeling well, folks, and if you if you like what I'm | ||
317 | |316 |00:27:32 ~-~-> 00:27:36 |going to share today, you let me know on x and let other people know that you | ||
318 | |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 | ||
319 | |318 |00:27:40 ~-~-> 00:27:44 |money off of you leaving comments on my youtube videos because no one's reading | ||
320 | |319 |00:27:44 ~-~-> 00:27:49 |them but me. But I do read every comment, and I appreciate all your | ||
321 | |320 |00:27:49 ~-~-> 00:27:54 |comments. And when I'm not feeling well, physically, I read those comments and | ||
322 | |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 | ||
323 | |322 |00:27:57 ~-~-> 00:28:02 |this video, I don't physically want to do it, but when I read other people's | ||
324 | |323 |00:28:02 ~-~-> 00:28:07 |appreciation, it motivates me, and it gives me that, that drive to do it. So | ||
325 | |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 | ||
326 | |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 | ||
327 | |326 |00:28:16 ~-~-> 00:28:19 |currency exchange, you just let me know that you appreciate it. I'm the only one | ||
328 | |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 | ||
329 | |328 |00:28:23 ~-~-> 00:28:28 |see that you got excited or this didn't do it for you, and you further convinced | ||
330 | |329 |00:28:28 ~-~-> 00:28:31 |that there's no algorithm. Either one. It's good. That's fine. I don't care. | ||
331 | |330 |00:28:32 ~-~-> 00:28:35 |Keep the discussion going. That's basically what I'm getting at. I'm not | ||
332 | |331 |00:28:35 ~-~-> 00:28:38 |going to convince everyone, but I'm going to really twist the arm of | ||
333 | |332 |00:28:39 ~-~-> 00:28:43 |individuals that have been hard lined about there is no algorithm, and then | ||
334 | |333 |00:28:43 ~-~-> 00:28:46 |they're supplying and selling pressure. You're gonna have a real hard time | ||
335 | |334 |00:28:46 ~-~-> 00:28:52 |swallowing that pill after this one. Finally, we made our way to the one | ||
336 | |335 |00:28:52 ~-~-> 00:28:56 |minute chart. All right, so we're looking at the New York kill zone. New | ||
337 | |336 |00:28:56 ~-~-> 00:29:02 |York kill zone is the same for 4x okay. It's basically the 7am Eastern Time to | ||
338 | |337 |00:29:02 ~-~-> 00:29:09 |9am now you can extend that one hour before and one hour after and just | ||
339 | |338 |00:29:09 ~-~-> 00:29:13 |completely answer all the problems of daylight savings time. That's what I | ||
340 | |339 |00:29:13 ~-~-> 00:29:18 |taught in my private mentorship. My students know this, so I'm giving it to | ||
341 | |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 | ||
342 | |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 | ||
343 | |342 |00:29:26 ~-~-> 00:29:32 |them. It's 7am Eastern Time to 9am Eastern Time. That's essentially in | ||
344 | |343 |00:29:32 ~-~-> 00:29:36 |futures trading. It's pre market trading, so you're trading ahead of the | ||
345 | |344 |00:29:36 ~-~-> 00:29:43 |opening bell at 930 Eastern time. So if we look at the NASDAQ on Friday, let's | ||
346 | |345 |00:29:43 ~-~-> 00:29:48 |break that down in here. So we have seven o'clock starts this period here, | ||
347 | |346 |00:29:48 ~-~-> 00:29:54 |all the way through till 9am Eastern Time. We have relative equal highs in | ||
348 | |347 |00:29:54 ~-~-> 00:29:59 |here. The market rallies up, takes that buy side of liquidity. I'm going to | ||
349 | |348 |00:29:59 ~-~-> 00:30:03 |challenge you to go. Go further to the left on your chart. I'm purposely | ||
350 | |349 |00:30:03 ~-~-> 00:30:06 |leaving a lot of things out of these charts because we're going to talk about | ||
351 | |350 |00:30:06 ~-~-> 00:30:09 |journaling at the end. So it's kind of like the shock on Saturday, | ||
352 | |351 |00:30:09 ~-~-> 00:30:11 |encouragement and or | ||
353 | |352 |00:30:12 ~-~-> 00:30:17 |where I talk a lot of things that not necessarily are appearing in the charts. | ||
354 | |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 | ||
355 | |354 |00:30:20 ~-~-> 00:30:24 |the things that help you become a better trader and use the information I teach | ||
356 | |355 |00:30:24 ~-~-> 00:30:29 |technically correctly. But look to the left, a little bit further over here, | ||
357 | |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 | ||
358 | |357 |00:30:32 ~-~-> 00:30:37 |trades up into there, but sticking just to the liquidity aspect the buy sides | ||
359 | |358 |00:30:37 ~-~-> 00:30:43 |taken here, and then we break below that short term low, which is what a shift in | ||
360 | |359 |00:30:43 ~-~-> 00:30:49 |market structures bears, and the market trades higher. This is model 2022, in | ||
361 | |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 | ||
362 | |361 |00:30:53 ~-~-> 00:30:56 |know what you're looking at, but it's working every day the market breaks | ||
363 | |362 |00:30:56 ~-~-> 00:31:00 |down. And this is an institutional order flow entry drill, and that simply means | ||
364 | |363 |00:31:00 ~-~-> 00:31:05 |that this candlestick didn't get completely filled in or closed in and | ||
365 | |364 |00:31:05 ~-~-> 00:31:09 |repriced back to the previous candles. Low this candlesticks, buy something | ||
366 | |365 |00:31:09 ~-~-> 00:31:14 |balance, sell side efficiency. Then this city, sell side imbalance, buy side | ||
367 | |366 |00:31:14 ~-~-> 00:31:19 |efficiency. Creates a balanced price range there. That's why you would expect | ||
368 | |367 |00:31:19 ~-~-> 00:31:24 |to see an institutional order for entry drill. The easiest way to anticipate the | ||
369 | |368 |00:31:24 ~-~-> 00:31:28 |institutional order for entry drill is if there's a balanced price range in the | ||
370 | |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, | ||
371 | |370 |00:31:33 ~-~-> 00:31:37 |it's not going to completely close that in, and that means you can do a very | ||
372 | |371 |00:31:37 ~-~-> 00:31:41 |shallow run above that high as your entry and not try to use the consequent | ||
373 | |372 |00:31:41 ~-~-> 00:31:46 |encroachment or the entire range closing in on the fair Vega. Toss that in there. | ||
374 | |373 |00:31:46 ~-~-> 00:31:50 |No extra charge. And then we break down with displacement again. And all of | ||
375 | |374 |00:31:50 ~-~-> 00:31:54 |these candles here the lowest opening price. That's a change in a state of | ||
376 | |375 |00:31:54 ~-~-> 00:31:58 |delivery. Chase up into the bare, shorter block. And then it breaks down | ||
377 | |376 |00:31:58 ~-~-> 00:32:06 |there. Once we get below this low here, we do so on a expansion. It's heavy | ||
378 | |377 |00:32:06 ~-~-> 00:32:09 |displacement, meaning we have a candlestick that creates, what a fair | ||
379 | |378 |00:32:09 ~-~-> 00:32:16 |value, since it's done that below this low. And here's the main thing. We | ||
380 | |379 |00:32:16 ~-~-> 00:32:21 |talked about this in telegram before it reached it, I told you in Telegram, I'm | ||
381 | |380 |00:32:21 ~-~-> 00:32:25 |interested in getting below that balanced price range of the 18th and the | ||
382 | |381 |00:32:25 ~-~-> 00:32:30 |19th of March, a big block of price action. Okay, if you remember the | ||
383 | |382 |00:32:30 ~-~-> 00:32:34 |telegram channel, it's free. The actual official link, you can find that on my | ||
384 | |383 |00:32:35 ~-~-> 00:32:38 |YouTube channel, in the description portion of the channel, it's it's right | ||
385 | |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 | ||
386 | |385 |00:32:44 ~-~-> 00:32:51 |there. And in my my main website, which is the inner circle trader.com it is | ||
387 | |386 |00:32:51 ~-~-> 00:32:55 |likely to trade down here. So that means we were looking for this. So the draw on | ||
388 | |387 |00:32:55 ~-~-> 00:33:00 |liquidity is, what is it bullish? No, it's not. We're up here. So this | ||
389 | |388 |00:33:00 ~-~-> 00:33:05 |displacement here, once it gets below this low here, and does that, we want to | ||
390 | |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 | ||
391 | |390 |00:33:10 ~-~-> 00:33:17 |gap. Then the market breaks faster, and then we have a big sell center balance, | ||
392 | |391 |00:33:17 ~-~-> 00:33:22 |buy center, efficiency, right where it should form. What do I mean by that? | ||
393 | |392 |00:33:23 ~-~-> 00:33:30 |Well, if you take this gap here, it's roughly by eyeballing it only it's about | ||
394 | |393 |00:33:30 ~-~-> 00:33:35 |halfway from the high to where it's formed to where that line is. Here, that | ||
395 | |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 | ||
396 | |395 |00:33:44 ~-~-> 00:33:49 |big block of price action I shared in telegram of the 18th and the 19th of | ||
397 | |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 | ||
398 | |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 | ||
399 | |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 | ||
400 | |399 |00:34:03 ~-~-> 00:34:09 |liquidity, invest case scenario would be trading down to that sell aside, I made | ||
401 | |400 |00:34:09 ~-~-> 00:34:14 |no mention of this as a hard selling point. This level here absolutely was | ||
402 | |401 |00:34:14 ~-~-> 00:34:20 |called in advance in telegram. So you're seeing 33 years of experience of knowing | ||
403 | |402 |00:34:20 ~-~-> 00:34:24 |how the market's likely to draw to these very pools of liquidity. Now, | ||
404 | |403 |00:34:24 ~-~-> 00:34:31 |admittedly, on Thursday, I believe it was, I thought that we could potentially | ||
405 | |404 |00:34:31 ~-~-> 00:34:37 |trade to Wednesday's high when we were in that parabolic run up, because it's | ||
406 | |405 |00:34:37 ~-~-> 00:34:41 |FOMC week, it was, it's likely to happen, and it didn't. It didn't deliver | ||
407 | |406 |00:34:41 ~-~-> 00:34:47 |that Okay, so while that didn't deliver, does it mean that the concepts fail? | ||
408 | |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 | ||
409 | |408 |00:34:50 ~-~-> 00:34:55 |changing the algorithm? Absolutely not. It just means in a week like FOMC, | ||
410 | |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 | ||
411 | |410 |00:35:00 ~-~-> 00:35:06 |stretch this to assume for a moment that imperfection is likely to creep in to | ||
412 | |411 |00:35:06 ~-~-> 00:35:12 |everyone so analysis and not know no exception to that rule. So once the | ||
413 | |412 |00:35:12 ~-~-> 00:35:17 |market reaches down here, we can very easily see that that was a measuring | ||
414 | |413 |00:35:17 ~-~-> 00:35:20 |gap. But I'm sure you probably want to see some more details to prove that was | ||
415 | |414 |00:35:20 ~-~-> 00:35:24 |a measuring gap, right as the market breaks down, since you know this level | ||
416 | |415 |00:35:24 ~-~-> 00:35:30 |down here is that low of the balanced price range of the big trading range of | ||
417 | |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 | ||
418 | |417 |00:35:39 ~-~-> 00:35:44 |do it here. You anchor your fib to the high and you pull it down. Okay, so | ||
419 | |418 |00:35:44 ~-~-> 00:35:48 |since this is a static chart and it's not me doing it live over a chart, | ||
420 | |419 |00:35:50 ~-~-> 00:35:54 |imagine my cursors just like that. I'm holding it right there, I want you to | ||
421 | |420 |00:35:54 ~-~-> 00:35:58 |take your attention to that red level right there. That's the 50% level in the | ||
422 | |421 |00:35:58 ~-~-> 00:36:06 |Fibonacci. As I pull the FIB down, I'm trying to eyeball this 50% level and | ||
423 | |422 |00:36:06 ~-~-> 00:36:10 |line it up with the middle of the measuring gap. So I'm going to overlay | ||
424 | |423 |00:36:11 ~-~-> 00:36:15 |this red line with this dotted line, which is half or the middle of this cell | ||
425 | |424 |00:36:15 ~-~-> 00:36:20 |center balanced bison efficiency. So I'm going to pull it down from here. I'm | ||
426 | |425 |00:36:20 ~-~-> 00:36:28 |going to aim for that level right there and drop it. And it looks like this. So | ||
427 | |426 |00:36:28 ~-~-> 00:36:34 |I pulled the FIB from this high all the way down there's where my cursor would | ||
428 | |427 |00:36:34 ~-~-> 00:36:43 |be, until the 50% of the FIB anchored to that high. It stops me here, because the | ||
429 | |428 |00:36:43 ~-~-> 00:36:49 |50% level laying over top of the consequence of this gap, that gives me | ||
430 | |429 |00:36:49 ~-~-> 00:36:54 |the perfect measurement for measuring gaps, okay? Or it's basically like the | ||
431 | |430 |00:36:54 ~-~-> 00:37:00 |equilibrium or grading a price swing. We can anticipate where measuring gaps are | ||
432 | |431 |00:37:00 ~-~-> 00:37:04 |going to form. If we know where the draw on liquidity is, isn't that fascinating? | ||
433 | |432 |00:37:05 ~-~-> 00:37:14 |Isn't that fun? How about where does the breakaway gap form? Around 20 to 30% of | ||
434 | |433 |00:37:14 ~-~-> 00:37:19 |the implied dealing range. What's an implied dealing range? Implied dealing | ||
435 | |434 |00:37:19 ~-~-> 00:37:22 |range is when the market What's up here? And you anticipate selling off? Where's | ||
436 | |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 | ||
437 | |436 |00:37:26 ~-~-> 00:37:31 |19th balance price range of March. That's this red line down here. So we | ||
438 | |437 |00:37:31 ~-~-> 00:37:36 |can take a fib, just loosely, take it from the sell off point and drop it | ||
439 | |438 |00:37:36 ~-~-> 00:37:39 |right on the red line here, and you're going to get a general proximity where | ||
440 | |439 |00:37:39 ~-~-> 00:37:45 |that midpoint is. But it's further refined when you actually use what price | ||
441 | |440 |00:37:45 ~-~-> 00:37:49 |run in and of itself as it forms candlestick by candlestick. So here is | ||
442 | |441 |00:37:49 ~-~-> 00:37:55 |the upper quadrant of that implied dealing range. And implied dealing range | ||
443 | |442 |00:37:55 ~-~-> 00:37:59 |is a price run that has not completed yet, if you're bullish or bearish, where | ||
444 | |443 |00:37:59 ~-~-> 00:38:05 |your Terminus or target is, which is this level here that was qualified and | ||
445 | |444 |00:38:05 ~-~-> 00:38:11 |quantified inside of the telegram channel before it reached it. So by | ||
446 | |445 |00:38:11 ~-~-> 00:38:15 |having projections like this, we can grade our price swings and breakaway | ||
447 | |446 |00:38:15 ~-~-> 00:38:21 |gaps are wonderful to anticipate near the 20 to 30% of the price range that | ||
448 | |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 | ||
449 | |448 |00:38:26 ~-~-> 00:38:30 |thought that that was very fascinating. When I was coming up and I was seeing | ||
450 | |449 |00:38:30 ~-~-> 00:38:32 |these types of things in my own analysis, I was like, Wow. You know, | ||
451 | |450 |00:38:32 ~-~-> 00:38:37 |I've always seen books talk about gaps, you know, common gaps, like breakaway | ||
452 | |451 |00:38:37 ~-~-> 00:38:41 |gaps, measuring gaps, exhausting gaps. They're not my concepts. I didn't create | ||
453 | |452 |00:38:41 ~-~-> 00:38:46 |them, okay, but I did come up with a concept, as I'm teaching you here, which | ||
454 | |453 |00:38:46 ~-~-> 00:38:51 |is implied dealing ranges and anticipating where they're going to | ||
455 | |454 |00:38:51 ~-~-> 00:38:58 |form, where they're forming, and on top of that, you can anticipate the time | ||
456 | |455 |00:38:58 ~-~-> 00:39:03 |they're going to form. That's going to be outside the scope of this lecture, | ||
457 | |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, | ||
458 | |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 | ||
459 | |458 |00:39:14 ~-~-> 00:39:21 |will teach it, I promise you. So if we know that this is the midpoint which | ||
460 | |459 |00:39:21 ~-~-> 00:39:27 |qualifies and confirms this is a measuring gap. This level right here, | ||
461 | |460 |00:39:28 ~-~-> 00:39:36 |stops when we get this overlapping of the midpoint and 50% of the FIB this | ||
462 | |461 |00:39:36 ~-~-> 00:39:43 |level here. Pay attention now. Look at the bodies. See that isn't that | ||
463 | |462 |00:39:43 ~-~-> 00:39:45 |beautiful. So you're telling me, | ||
464 | |463 |00:39:46 ~-~-> 00:39:51 |seriously, this is fun. You're telling me that the buying selling pressure just | ||
465 | |464 |00:39:51 ~-~-> 00:39:56 |happened to form all the bodies right there, but the wicks are allowed to do | ||
466 | |465 |00:39:56 ~-~-> 00:40:01 |the damage. What did they do? They went down just below. That low. I told you | ||
467 | |466 |00:40:01 ~-~-> 00:40:06 |that the 18th and the 19th balance price range formed, and it went down below it | ||
468 | |467 |00:40:06 ~-~-> 00:40:10 |by tick, and then it came right back up to close inside of the level that is | ||
469 | |468 |00:40:10 ~-~-> 00:40:18 |projected for a perfect measured run. So the implied dealing range came to | ||
470 | |469 |00:40:18 ~-~-> 00:40:23 |perfect fruition, and it's confirmed with what look at the bodies stopping | ||
471 | |470 |00:40:23 ~-~-> 00:40:27 |right where the FIB qualifies that being the measuring gap. Do that on your own | ||
472 | |471 |00:40:27 ~-~-> 00:40:31 |chart, mimic what you see me doing here. Okay, obviously you're probably not | ||
473 | |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 | ||
474 | |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 | ||
475 | |474 |00:40:42 ~-~-> 00:40:46 |you're welcome to, you know, look around on on x, and there'll probably be people | ||
476 | |475 |00:40:46 ~-~-> 00:40:53 |sharing it too. But the body Stop it that level, the wick goes to where I | ||
477 | |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 | ||
478 | |477 |00:40:57 ~-~-> 00:41:02 |body's confirmed that has been delivered perfectly, and the wick has told you | ||
479 | |478 |00:41:02 ~-~-> 00:41:07 |what the damage is done. We traded below that 18th and the 19th price action. | ||
480 | |479 |00:41:07 ~-~-> 00:41:12 |That balance price range of choppy range bound block of price action. We've done | ||
481 | |480 |00:41:12 ~-~-> 00:41:16 |it here, and then we had this run above this short term high, right | ||
482 | |481 |00:41:16 ~-~-> 00:41:21 |there. What is that? That's a shift in market structure. So | ||
483 | |482 |00:41:21 ~-~-> 00:41:26 |we can anticipate the market doing what? Going higher if it breaks out and starts | ||
484 | |483 |00:41:26 ~-~-> 00:41:32 |running, we can see it deep dive. Doesn't take out the low, but the bodies | ||
485 | |484 |00:41:32 ~-~-> 00:41:34 |are doing what? What are they doing there, | ||
486 | |485 |00:41:35 ~-~-> 00:41:42 |staying in that level of that implied dealing range, then it starts to rally. | ||
487 | |486 |00:41:43 ~-~-> 00:41:45 |There's details in here that | ||
488 | |487 |00:41:46 ~-~-> 00:41:52 |we're going to fair it out, but you can anticipate price doing what, breaking | ||
489 | |488 |00:41:52 ~-~-> 00:42:03 |this high now, why? 930 we have the opening range. The opening range is 930 | ||
490 | |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 | ||
491 | |490 |00:42:09 ~-~-> 00:42:14 |that they'll say, opening range this, or that some guys are saying, here's the | ||
492 | |491 |00:42:14 ~-~-> 00:42:17 |first five minutes opening range. There's guys that say, Okay, here's 15 | ||
493 | |492 |00:42:17 ~-~-> 00:42:23 |minutes opening range. Here's this, and here's that. I'm telling you it's 30 | ||
494 | |493 |00:42:23 ~-~-> 00:42:28 |minutes. I promise you, you're going to see why it's 30 minutes today, okay, but | ||
495 | |494 |00:42:28 ~-~-> 00:42:34 |I want you to understand that anything outside of 30 minutes is just an | ||
496 | |495 |00:42:34 ~-~-> 00:42:38 |opinion, and that's why you're not seeing them show what I'm going to show | ||
497 | |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 | ||
498 | |497 |00:42:43 ~-~-> 00:42:48 |promise you, any other time element isn't going to match up with what I'm | ||
499 | |498 |00:42:48 ~-~-> 00:42:51 |showing you here today, and that's what I'm trying to twist the arm of the | ||
500 | |499 |00:42:51 ~-~-> 00:42:56 |individuals that are just wanting to argue, whether it be in my own comment | ||
501 | |500 |00:42:56 ~-~-> 00:43:00 |section or in other people's I read it, you know, I look at other YouTubers, and | ||
502 | |501 |00:43:00 ~-~-> 00:43:05 |they're always, you know, having my name in their mouth, and they're talking | ||
503 | |502 |00:43:05 ~-~-> 00:43:09 |about how this that you don't think there's no algorithm, but they never | ||
504 | |503 |00:43:09 ~-~-> 00:43:14 |want to put up against it. They never want to show whatever they're doing | ||
505 | |504 |00:43:14 ~-~-> 00:43:18 |against what I'm proving live in front of almost 100,000 people that did not | ||
506 | |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 | ||
507 | |506 |00:43:25 ~-~-> 00:43:30 |opening range of 30 minutes. What do we do with that information? Well, | ||
508 | |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 | ||
509 | |508 |00:43:35 ~-~-> 00:43:41 |annotated here. So by having that range defined, we start looking for first | ||
510 | |509 |00:43:41 ~-~-> 00:43:47 |presented fair value gaps. Now if, if you're an order block trader, you're | ||
511 | |510 |00:43:47 ~-~-> 00:43:52 |going to wait for the first order block to form that's salient to your bullish | ||
512 | |511 |00:43:52 ~-~-> 00:43:59 |or bearish stance on the session. It may be breakers. It may be a institutional | ||
513 | |512 |00:43:59 ~-~-> 00:44:07 |refinery, jail. It may be a propulsion block. It might be a volume imbalance. | ||
514 | |513 |00:44:07 ~-~-> 00:44:15 |It might be anything that I've ever taught that's your DD array, but I'm | ||
515 | |514 |00:44:15 ~-~-> 00:44:20 |pushing the first presented fair value cap, because it's good. It's like, it's | ||
516 | |515 |00:44:20 ~-~-> 00:44:24 |like a silver bullet. It's like it's there. It's always going to be there. | ||
517 | |516 |00:44:25 ~-~-> 00:44:31 |But there are some aspects to first present a fair value gap that I want to | ||
518 | |517 |00:44:31 ~-~-> 00:44:40 |include here today. If you have a very small in there's going to be times where | ||
519 | |518 |00:44:40 ~-~-> 00:44:46 |you look at the individual price action of any given day, and you may question, | ||
520 | |519 |00:44:47 ~-~-> 00:44:53 |is the first fair value gap really valid? Or should you use another one? | ||
521 | |520 |00:44:53 ~-~-> 00:44:58 |And the general rules are this, obviously, you know, when we looking at | ||
522 | |521 |00:44:58 ~-~-> 00:45:02 |inside this range from the. This candle is high to that candle is low. That's | ||
523 | |522 |00:45:02 ~-~-> 00:45:09 |the actual range. But the range in time is here, from 9:30am Eastern Time to 10 | ||
524 | |523 |00:45:09 ~-~-> 00:45:13 |o'clock Eastern time. So you're having to look inside that portion of time for | ||
525 | |524 |00:45:13 ~-~-> 00:45:16 |the very first presented fair value gap, or the very first PD array that you're | ||
526 | |525 |00:45:16 ~-~-> 00:45:22 |going to employ as your model. The easiest one, the spot is the fair value | ||
527 | |526 |00:45:22 ~-~-> 00:45:26 |gap. All you have to do is narrow your focus down to the first 30 minutes, | ||
528 | |527 |00:45:27 ~-~-> 00:45:31 |because the algorithm is going to leave something there for smart money. It's | ||
529 | |528 |00:45:31 ~-~-> 00:45:36 |coded to do that buying and selling pressure is not forming, that it's not a | ||
530 | |529 |00:45:36 ~-~-> 00:45:41 |one print, single print, as you hear people try to call it. It has nothing to | ||
531 | |530 |00:45:41 ~-~-> 00:45:45 |do what I'm doing absolutely has nothing to do with it. You've never seen anybody | ||
532 | |531 |00:45:45 ~-~-> 00:45:51 |use single prints that invert. Now there's an inversion of that first | ||
533 | |532 |00:45:51 ~-~-> 00:45:55 |single print. It's all garbage. These people are just trying to find some way | ||
534 | |533 |00:45:55 ~-~-> 00:46:01 |to make it look like this stuff has been in existence forever. But unfortunately, | ||
535 | |534 |00:46:01 ~-~-> 00:46:04 |I broke the mold when they said, there's nothing new under the sun, and that's | ||
536 | |535 |00:46:05 ~-~-> 00:46:09 |the kind of stuff that makes me sound arrogant, but I'm just simply poking you | ||
537 | |536 |00:46:09 ~-~-> 00:46:15 |all that are resisting just simply look at it. Because if this stuff existed | ||
538 | |537 |00:46:15 ~-~-> 00:46:19 |somewhere else, other people will be doing that other stuff and doing things | ||
539 | |538 |00:46:19 ~-~-> 00:46:25 |that I'm doing showing precision that's unrivaled. Remember if all that stuff | ||
540 | |539 |00:46:25 ~-~-> 00:46:29 |happened and then in books and people been learning for years, hundreds of | ||
541 | |540 |00:46:29 ~-~-> 00:46:33 |years, or whatever, why aren't they doing what I'm doing? Why aren't they | ||
542 | |541 |00:46:33 ~-~-> 00:46:37 |showing it, proving it, proving precision? Because it doesn't, it | ||
543 | |542 |00:46:37 ~-~-> 00:46:42 |doesn't exist anywhere else. And it's not pride. I'm not being arrogant here. | ||
544 | |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 | ||
545 | |544 |00:46:47 ~-~-> 00:46:51 |people that listen to people online that they look at as heroes, and they have an | ||
546 | |545 |00:46:51 ~-~-> 00:46:54 |opinion that they've borrowed from someone else. They haven't done the due | ||
547 | |546 |00:46:54 ~-~-> 00:46:57 |diligence of going through all the material that I put out. They look at | ||
548 | |547 |00:46:57 ~-~-> 00:46:59 |all those videos on this YouTube channel and say, there ain't no way I'm going | ||
549 | |548 |00:46:59 ~-~-> 00:47:03 |through all that stuff. If someone says that they watched all those videos and | ||
550 | |549 |00:47:03 ~-~-> 00:47:07 |they think this is what it really is, it's a copycat of this or rebranded of | ||
551 | |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 | ||
552 | |551 |00:47:11 ~-~-> 00:47:14 |wouldn't lie to me because they're on hero. That's really what it is. And | ||
553 | |552 |00:47:14 ~-~-> 00:47:19 |unfortunately, that's what it's like for my own community. If I come out here and | ||
554 | |553 |00:47:19 ~-~-> 00:47:24 |said anything that wasn't really true, but I made the case that here's what it | ||
555 | |554 |00:47:24 ~-~-> 00:47:29 |does in the marketplace. It does this, does that, and because I said it, | ||
556 | |555 |00:47:29 ~-~-> 00:47:33 |they're going to believe it, because they look up to me. And that's | ||
557 | |556 |00:47:33 ~-~-> 00:47:39 |unfortunately the problem with social media. I want, I want you to simply look | ||
558 | |557 |00:47:39 ~-~-> 00:47:44 |at it yourself, because if you're not looking at it yourself, and not just one | ||
559 | |558 |00:47:44 ~-~-> 00:47:47 |weekend, over the weekend, or looking at this and looking at that and thinking, | ||
560 | |559 |00:47:47 ~-~-> 00:47:50 |Okay, I figured it out. And he's, you know, he's not being truthful, or it | ||
561 | |560 |00:47:50 ~-~-> 00:47:54 |doesn't work, or it's not really there, you have to have time using it, really | ||
562 | |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 | ||
563 | |562 |00:48:01 ~-~-> 00:48:05 |these things because I stir up the community, the people that talk about it | ||
564 | |563 |00:48:05 ~-~-> 00:48:11 |not being there or being valid or that it's somebody else's stuff, bring forth | ||
565 | |564 |00:48:11 ~-~-> 00:48:13 |the evidence suggesting those things you're saying are true and what I'm | ||
566 | |565 |00:48:13 ~-~-> 00:48:20 |saying is false, and they never do that. So this is for those individuals that | ||
567 | |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 | ||
568 | |567 |00:48:25 ~-~-> 00:48:31 |true. This is my argument. You're welcome to leave it alone and just go to | ||
569 | |568 |00:48:31 ~-~-> 00:48:35 |whatever you want to do, but you need to answer this today. If you don't think | ||
570 | |569 |00:48:35 ~-~-> 00:48:39 |there's an algorithm, you need to swallow this big pill, because this is | ||
571 | |570 |00:48:39 ~-~-> 00:48:47 |going to be a jagged one. Moving Range, 30 minutes, 930, 10 o'clock Eastern | ||
572 | |571 |00:48:47 ~-~-> 00:48:53 |time. You're looking for the very first presented fair value gap. If the gap, as | ||
573 | |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 | ||
574 | |573 |00:49:01 ~-~-> 00:49:06 |gap on the one minute time frame forming prior to that, right there. Now, would | ||
575 | |574 |00:49:06 ~-~-> 00:49:13 |you agree that that's a very small fair value gap? It's minuscule, and it really | ||
576 | |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 | ||
577 | |576 |00:49:19 ~-~-> 00:49:23 |there's one strike against it, we already made the low of the day at a | ||
578 | |577 |00:49:23 ~-~-> 00:49:29 |level we anticipated. So if we went down here, is it likely the market's going to | ||
579 | |578 |00:49:29 ~-~-> 00:49:33 |go higher anyway? If it rejects like it's done here, we have a shift in | ||
580 | |579 |00:49:33 ~-~-> 00:49:38 |market structure, and then we're inside of the opening range of 930 Eastern | ||
581 | |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 | ||
582 | |581 |00:49:44 ~-~-> 00:49:50 |down to the low of that 18th and the 19th balance price range. So as I teach | ||
583 | |582 |00:49:51 ~-~-> 00:49:57 |the signatures are we want to see levels fail. We want to see PD arrays fail. | ||
584 | |583 |00:49:57 ~-~-> 00:50:03 |That's insight. You. See anything in Wyckoff, supply and demand, or anything | ||
585 | |584 |00:50:03 ~-~-> 00:50:09 |else out there that says we want to see certain things fail, because all those | ||
586 | |585 |00:50:09 ~-~-> 00:50:14 |books were written before an algorithm existed. The logic that these algorithms | ||
587 | |586 |00:50:15 ~-~-> 00:50:20 |that are used to trade, they're highly sophisticated entry models, but the | ||
588 | |587 |00:50:20 ~-~-> 00:50:27 |delivery of price is controlled, and they have to try to engage the price | ||
589 | |588 |00:50:27 ~-~-> 00:50:33 |runs just like you and I do, and they may not get filled because the algorithm | ||
590 | |589 |00:50:33 ~-~-> 00:50:39 |is doing all of the delivery. Think about it. Why didn't it go down below | ||
591 | |590 |00:50:39 ~-~-> 00:50:43 |that low surely there's somebody down there, a collection of individuals that | ||
592 | |591 |00:50:43 ~-~-> 00:50:50 |are long, if they're long, what's going to be below that low? Sell stops. Why | ||
593 | |592 |00:50:50 ~-~-> 00:50:54 |couldn't it get down there just to go one more time? What's the logic that | ||
594 | |593 |00:50:54 ~-~-> 00:50:57 |says, No, it's not enough, and there wasn't enough sellers there. The selling | ||
595 | |594 |00:50:57 ~-~-> 00:51:03 |pressure was abated, and the buyers came in. There's more buyers. Why? Tell me, | ||
596 | |595 |00:51:03 ~-~-> 00:51:07 |why? Why? Right there. You're just going to give me an opinion, but what I'm | ||
597 | |596 |00:51:07 ~-~-> 00:51:12 |going to show you today is not opinion, it's facts. It's time based delivery | ||
598 | |597 |00:51:13 ~-~-> 00:51:21 |precision, and it repeats every single day. And that's what I'm trying to | ||
599 | |598 |00:51:21 ~-~-> 00:51:24 |inspire in all of you, because we're going to talk about journaling at the | ||
600 | |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, | ||
601 | |600 |00:51:28 ~-~-> 00:51:31 |and that's what you're going to journal. But without stealing the thunder that | ||
602 | |601 |00:51:31 ~-~-> 00:51:35 |portion of the video, let's go into a little bit more detail. Small, little | ||
603 | |602 |00:51:35 ~-~-> 00:51:38 |gap like that. That's the first presented fair value gap of Friday. | ||
604 | |603 |00:51:38 ~-~-> 00:51:44 |March, 21 2025, on NASDAQ June delivery contract. | ||
605 | |604 |00:51:45 ~-~-> 00:51:49 |It's a fair value gap. That's a city, so that means, generally that will be | ||
606 | |605 |00:51:49 ~-~-> 00:51:53 |treated as what it trades back up into it and sell off. But that's canceled out | ||
607 | |606 |00:51:53 ~-~-> 00:51:57 |because we reached our target. Now we have a shift in market structure here, | ||
608 | |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 | ||
609 | |608 |00:52:02 ~-~-> 00:52:06 |opening range. So if we take out that high, we really have what we have a move | ||
610 | |609 |00:52:06 ~-~-> 00:52:10 |outside of the opening range, higher when it should be bullish, because we've | ||
611 | |610 |00:52:10 ~-~-> 00:52:16 |hit our target for the week, and we rejected it here. So wouldn't it be | ||
612 | |611 |00:52:16 ~-~-> 00:52:23 |favorable to see a larger fair value gap than this one that's in an opposing | ||
613 | |612 |00:52:23 ~-~-> 00:52:27 |direction. If this is a sippy fair value gap. In other words, it's a down close | ||
614 | |613 |00:52:27 ~-~-> 00:52:32 |candle. This is what you see the opposite of which is a busy buy side and | ||
615 | |614 |00:52:32 ~-~-> 00:52:37 |balanced cell sign in efficiency. And notice the difference in contrast of its | ||
616 | |615 |00:52:37 ~-~-> 00:52:44 |displacement significantly larger, isn't it? This would be your very first | ||
617 | |616 |00:52:44 ~-~-> 00:52:48 |presented fair value gap within the context and narrative of what you have | ||
618 | |617 |00:52:48 ~-~-> 00:52:55 |in price action here, when you see people on x, or if you were seeing the | ||
619 | |618 |00:52:55 ~-~-> 00:52:58 |comments that are left in my videos all the time, when I'm sharing executions, | ||
620 | |619 |00:52:58 ~-~-> 00:53:01 |they'll say, why didn't you use that fair value gap? Why did you use that | ||
621 | |620 |00:53:01 ~-~-> 00:53:04 |one? Why'd you choose this one? Why'd you choose that one? There are rare | ||
622 | |621 |00:53:04 ~-~-> 00:53:08 |instances where my eyes, because they're 53 years old now, they're just not as | ||
623 | |622 |00:53:08 ~-~-> 00:53:11 |good as they were when I was younger. And sometimes I make a mistake and I | ||
624 | |623 |00:53:11 ~-~-> 00:53:15 |grab the wrong candle, or I'll type in the wrong time, and when I've noticed | ||
625 | |624 |00:53:15 ~-~-> 00:53:18 |it, and other students have been gracious enough to let me know what I've | ||
626 | |625 |00:53:18 ~-~-> 00:53:22 |done wrong and made an error, referring to a very specific time when they know | ||
627 | |626 |00:53:22 ~-~-> 00:53:26 |what I'm talking about. They they know that I'm referring to a different time. | ||
628 | |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 | ||
629 | |628 |00:53:30 ~-~-> 00:53:33 |man in me, that's it's shown to the surface, and it's just, it's | ||
630 | |629 |00:53:33 ~-~-> 00:53:37 |unfortunately what happens when you get old. My vision isn't what it used to be. | ||
631 | |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 | ||
632 | |631 |00:53:44 ~-~-> 00:53:48 |looking for things that have a greater displacement. That is, in the context of | ||
633 | |632 |00:53:48 ~-~-> 00:53:52 |the narrative, what I think price is going to do. So this would be your first | ||
634 | |633 |00:53:52 ~-~-> 00:53:55 |presenter for your value account, because there's a larger displacement | ||
635 | |634 |00:53:55 ~-~-> 00:53:58 |and much more significant than this little, tiny thing here. Okay, then the | ||
636 | |635 |00:53:59 ~-~-> 00:54:03 |market trades above the opening range high, there's your breakout. We don't | ||
637 | |636 |00:54:03 ~-~-> 00:54:07 |trade breakouts, but that's a break above it. We don't need it to close | ||
638 | |637 |00:54:07 ~-~-> 00:54:13 |above it. The market trades down into that again, right there. What time is | ||
639 | |638 |00:54:13 ~-~-> 00:54:18 |that occurring? At 10 o'clock. That's your silver bullet. It forms every day, | ||
640 | |639 |00:54:18 ~-~-> 00:54:22 |folks. There's never been a day where Silver Bullet never formed. Now, ask | ||
641 | |640 |00:54:22 ~-~-> 00:54:29 |your mentors, ask your educators, ask whoever is a big wig in the industry, | ||
642 | |641 |00:54:29 ~-~-> 00:54:35 |tell them to come forward and say that their concept forms every single day. | ||
643 | |642 |00:54:35 ~-~-> 00:54:39 |Without fail, there's a lot of men going to income close that want to say that, | ||
644 | |643 |00:54:40 ~-~-> 00:54:45 |but I will, and I'll show it every single day, every single day. My stuff | ||
645 | |644 |00:54:45 ~-~-> 00:54:50 |doesn't stop working because it's algorithmic. It's all time based | ||
646 | |645 |00:54:50 ~-~-> 00:54:55 |delivery, okay, and that should already get you excited, but we ain't done yet. | ||
647 | |646 |00:54:55 ~-~-> 00:55:01 |The market rallies again and trades into that old measuring gap. Now, because we | ||
648 | |647 |00:55:01 ~-~-> 00:55:05 |went above it here, and we've got the narrative behind us that it's likely to | ||
649 | |648 |00:55:05 ~-~-> 00:55:09 |trade higher. Now this inefficiency that was a sell side, imbalanced by an | ||
650 | |649 |00:55:09 ~-~-> 00:55:15 |efficiency or measuring gap. Now we can treat it as an inversion fair value gap. | ||
651 | |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 | ||
652 | |651 |00:55:21 ~-~-> 00:55:27 |of ideas thrown at you. Here's one of them, if you have a market that's | ||
653 | |652 |00:55:27 ~-~-> 00:55:33 |changed gears and direction now it's bullish, if you can get above the | ||
654 | |653 |00:55:33 ~-~-> 00:55:40 |opening range high, and if there's liquidity obvious in the charts here, | ||
655 | |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, | ||
656 | |655 |00:55:46 ~-~-> 00:55:50 |something else, sell, sound efficiency. But when the market changed gears, that | ||
657 | |656 |00:55:50 ~-~-> 00:55:55 |turns this into, what a premium array in the form of an inversion, fair value | ||
658 | |657 |00:55:55 ~-~-> 00:56:02 |gap. Market goes down into the opening range, high and the low of this | ||
659 | |658 |00:56:02 ~-~-> 00:56:06 |inversion fair value gap, that was the measuring gap. So it's forming basically | ||
660 | |659 |00:56:06 ~-~-> 00:56:13 |a pseudo market maker body model. Okay, that's what's basically forming bodies | ||
661 | |660 |00:56:13 ~-~-> 00:56:20 |real close to inside that inversion fair value gap, but it hits the opening range | ||
662 | |661 |00:56:20 ~-~-> 00:56:24 |high and then creates another fair value gap there. Trades outside of that | ||
663 | |662 |00:56:24 ~-~-> 00:56:29 |inversion. Fair value gap comes right back down again. Here you go. This is | ||
664 | |663 |00:56:29 ~-~-> 00:56:34 |another silver bullet inside the hour of 10 o'clock, displaces to the upside, | ||
665 | |664 |00:56:34 ~-~-> 00:56:38 |runs the buy side here, and trades right up in the inversion fair value gap. And | ||
666 | |665 |00:56:38 ~-~-> 00:56:42 |we don't even need that buy side taken there for that, those are two trades | ||
667 | |666 |00:56:42 ~-~-> 00:56:47 |right there that are beautiful, right in a way. You can see that there are times | ||
668 | |667 |00:56:47 ~-~-> 00:56:50 |when we can use the actual opening range that the algorithms are referred to. | ||
669 | |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 | ||
670 | |669 |00:56:54 ~-~-> 00:57:05 |anything above or below 30 minutes. It's always 30 minutes period. Moving forward | ||
671 | |670 |00:57:05 ~-~-> 00:57:09 |in time. Here's that inversion fair value gap that was projected over here, | ||
672 | |671 |00:57:09 ~-~-> 00:57:13 |and that buy that was running off of that, then the market retraces and | ||
673 | |672 |00:57:13 ~-~-> 00:57:18 |trades down. And what is it doing? It's trading back inside of the opening | ||
674 | |673 |00:57:18 ~-~-> 00:57:22 |range. I'm not saying opening range gap. It's the opening range. It's the first | ||
675 | |674 |00:57:22 ~-~-> 00:57:30 |30 minutes 930, to 10 o'clock Eastern time. Now, I have added the Fibonacci to | ||
676 | |675 |00:57:30 ~-~-> 00:57:37 |the opening range, low to high. That's what I did here. And I added the upper | ||
677 | |676 |00:57:37 ~-~-> 00:57:42 |quadrant and the lower quadrant. Now, if I'm bullish on a market and it trades | ||
678 | |677 |00:57:42 ~-~-> 00:57:47 |down inside the opening range, I'm going to be watching that upper quadrant. Oh | ||
679 | |678 |00:57:47 ~-~-> 00:57:54 |my, oh my. You feel that tugging in the corner of your mouth. Go ahead. Go | ||
680 | |679 |00:57:54 ~-~-> 00:58:01 |ahead. Let it happen. Smile. It's fun, isn't it, that trading down into that | ||
681 | |680 |00:58:01 ~-~-> 00:58:05 |upper quadrant of the opening range, the first 30 minutes of trading. 930 10 | ||
682 | |681 |00:58:06 ~-~-> 00:58:14 |o'clock. That's algorithmic. It's also occurring at a very specific time. Time. | ||
683 | |682 |00:58:16 ~-~-> 00:58:28 |This is where the lunch macro begins. 1130 right here. That starts that whole | ||
684 | |683 |00:58:30 ~-~-> 00:58:34 |overlapping of what already has happened. What's that? What's happened | ||
685 | |684 |00:58:34 ~-~-> 00:58:39 |already? The market traded lower from here, there's buy side resting above | ||
686 | |685 |00:58:39 ~-~-> 00:58:44 |that. So at 1130 whatever you've been doing, anticipate some measure of | ||
687 | |686 |00:58:44 ~-~-> 00:58:47 |retracement and go in the other direction, not all the time, but the | ||
688 | |687 |00:58:47 ~-~-> 00:58:50 |majority of time. You're going to see that now in this case, because we had | ||
689 | |688 |00:58:50 ~-~-> 00:58:56 |the target reach for the week, is probably going to go higher. And this is | ||
690 | |689 |00:58:56 ~-~-> 00:59:04 |the lunch macro. The lunch macro is 1130 Time, Eastern Time, as far as 1:30pm | ||
691 | |690 |00:59:05 ~-~-> 00:59:10 |Eastern time. So it's a two hour window of time that's collectively referred to | ||
692 | |691 |00:59:10 ~-~-> 00:59:18 |by me as the New York lunch. Okay, so by hitting the upper quadrant of the | ||
693 | |692 |00:59:18 ~-~-> 00:59:24 |opening range when it's bullish, you can time an entry in here to go higher. Now | ||
694 | |693 |00:59:25 ~-~-> 00:59:32 |you can use an inversion fair value gap here. You can use a turtle soup, or you | ||
695 | |694 |00:59:32 ~-~-> 00:59:40 |can anticipate the run back above here and trust that it will give you a fair | ||
696 | |695 |00:59:40 ~-~-> 00:59:44 |value gap, some kind of border block. In this case, you can see very, very | ||
697 | |696 |00:59:44 ~-~-> 00:59:51 |beautiful, immediate rebalance there, and then starts to run higher. These | ||
698 | |697 |00:59:51 ~-~-> 00:59:57 |levels are standard deviations, the standard deviation of the opening range | ||
699 | |698 |00:59:57 ~-~-> 01:00:02 |the first 30 minutes, 930 10 o'clock and. This is, I have a standard | ||
700 | |699 |01:00:02 ~-~-> 01:00:08 |deviation, one standard deviation, 1.5 standard deviation, and it trades up to | ||
701 | |700 |01:00:08 ~-~-> 01:00:12 |that after taking the buy side out here, right here, beautiful delivery, | ||
702 | |701 |01:00:12 ~-~-> 01:00:17 |algorithmic, all perfectly delivered. Now at that point, we're going to take | ||
703 | |702 |01:00:17 ~-~-> 01:00:22 |our attention and scrub forward again this gap here, we're going to extend it | ||
704 | |703 |01:00:22 ~-~-> 01:00:25 |forward, but now, because price is above it, I'm not going to change the color, | ||
705 | |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 | ||
706 | |705 |01:00:28 ~-~-> 01:00:33 |proximity to that. So just know that once we went above it here, this would | ||
707 | |706 |01:00:33 ~-~-> 01:00:37 |be referred back to as a reclaimed, bullish fair value gap, not a bearish | ||
708 | |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 | ||
709 | |708 |01:00:41 ~-~-> 01:00:47 |in the in the slides of my PowerPoint presentation here. That's it. Here, | ||
710 | |709 |01:00:47 ~-~-> 01:00:54 |extend it all the way over. So here's that run up to that standard deviation | ||
711 | |710 |01:00:54 ~-~-> 01:01:01 |1.5 and then one more time it bumps above it and trades down into the lunch | ||
712 | |711 |01:01:01 ~-~-> 01:01:02 |macro ending at 1:30pm | ||
713 | |712 |01:01:04 ~-~-> 01:01:10 |and now we're creating what the opening range the first 30 minutes of 130 to two | ||
714 | |713 |01:01:10 ~-~-> 01:01:15 |o'clock Eastern time. That's what sets the tone for the market structure, all | ||
715 | |714 |01:01:15 ~-~-> 01:01:21 |of the mag, magnificent and precision oriented aspects that I teach. It all | ||
716 | |715 |01:01:21 ~-~-> 01:01:25 |starts from here, 1/3 to two o'clock. Find that in Wyckoff. Find that in | ||
717 | |716 |01:01:25 ~-~-> 01:01:30 |Elliot wave. Find that anything, it ain't there, folks, it's simply not | ||
718 | |717 |01:01:30 ~-~-> 01:01:35 |there. Okay? The Mac Daddy, the Muriel McCoy, he's talent to you right now. I | ||
719 | |718 |01:01:35 ~-~-> 01:01:39 |wasn't wanting to teach all this stuff, but it's just simply fun to just twist | ||
720 | |719 |01:01:39 ~-~-> 01:01:43 |that knife in the proverbial sides of all these people that say it isn't real. | ||
721 | |720 |01:01:43 ~-~-> 01:01:48 |It ain't there. It's all buying and selling pressure, really. So we have the | ||
722 | |721 |01:01:48 ~-~-> 01:01:53 |opening range low. This is the lowest, low, between 1:30pm eastern time to two | ||
723 | |722 |01:01:53 ~-~-> 01:01:56 |o'clock Eastern time. That's the highest, high. It formed. This is the | ||
724 | |723 |01:01:56 ~-~-> 01:02:00 |time aspect, okay. This is the parameters on time. This is the opening | ||
725 | |724 |01:02:00 ~-~-> 01:02:04 |range. Low, the lowest inside that range of time. So if we were following it down | ||
726 | |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 | ||
727 | |726 |01:02:09 ~-~-> 01:02:13 |the lunch macro. So now we're anticipating another run in price | ||
728 | |727 |01:02:13 ~-~-> 01:02:18 |action, and since we already anticipated a reversal, because we hit our weekly | ||
729 | |728 |01:02:18 ~-~-> 01:02:22 |target, so we can anticipate what a continuation to the upside. See how | ||
730 | |729 |01:02:22 ~-~-> 01:02:26 |that's we we work together to build a narrative based on what has happened and | ||
731 | |730 |01:02:26 ~-~-> 01:02:30 |what's less likely to happen, less likely for it to continue lower, because | ||
732 | |731 |01:02:30 ~-~-> 01:02:35 |you already traded below the weekly a target of the 18th and 19th balance | ||
733 | |732 |01:02:35 ~-~-> 01:02:41 |price range, and it rejected strongly on a Friday. So now we have the opening | ||
734 | |733 |01:02:41 ~-~-> 01:02:47 |range high, and then inside that opening range, here's your first presented fair | ||
735 | |734 |01:02:47 ~-~-> 01:02:53 |value gap. Oh my goodness, this looks like someone's put this together, like | ||
736 | |735 |01:02:53 ~-~-> 01:02:59 |there's, like there's a real storyline behind all this. Uh huh, that's what | ||
737 | |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. | ||
738 | |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 | ||
739 | |738 |01:03:08 ~-~-> 01:03:12 |see it, they're in denial. They're in denial. Honestly, I'm beginning to think | ||
740 | |739 |01:03:12 ~-~-> 01:03:16 |that it's a paid opposition now to try to dilute your attention to it, because | ||
741 | |740 |01:03:16 ~-~-> 01:03:20 |if they can say anything bad about me, or they can say anything bad about the | ||
742 | |741 |01:03:20 ~-~-> 01:03:25 |concepts, everything they've said about it is false, and I'm proving it. I'm | ||
743 | |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 | ||
744 | |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 | ||
745 | |744 |01:03:34 ~-~-> 01:03:38 |delicious. But the market trades down into that first within the fair bag out | ||
746 | |745 |01:03:38 ~-~-> 01:03:42 |here and rallies up that right there is a tradable run. But now we're going into | ||
747 | |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 | ||
748 | |747 |01:03:48 ~-~-> 01:03:54 |down to negative one standard deviation of the opening range of 930, to 10 | ||
749 | |748 |01:03:54 ~-~-> 01:03:59 |o'clock. That's what these lines are here. Okay, so again, we go down to that | ||
750 | |749 |01:03:59 ~-~-> 01:04:03 |inversion fair value gap, which is technically a bullish, reclaimed fair | ||
751 | |750 |01:04:03 ~-~-> 01:04:09 |value gap. It rallies and consolidates inside now the macro of 315 to 345 | ||
752 | |751 |01:04:10 ~-~-> 01:04:14 |Eastern time, I promise you no one ever talked about that. No one has ever | ||
753 | |752 |01:04:14 ~-~-> 01:04:19 |mentioned that, ever I did on Twitter spaces I talked about these things, | ||
754 | |753 |01:04:19 ~-~-> 01:04:23 |okay? And you can find them all on YouTube because I give permission for | ||
755 | |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 | ||
756 | |755 |01:04:27 ~-~-> 01:04:31 |they make ad revenue off of my my Twitter spaces. Okay, I said a lot of | ||
757 | |756 |01:04:31 ~-~-> 01:04:35 |things language wise that I didn't want to have on my YouTube video, and I | ||
758 | |757 |01:04:35 ~-~-> 01:04:38 |trolled people inside those Twitter spaces too back then. So I again, I | ||
759 | |758 |01:04:38 ~-~-> 01:04:43 |didn't want that on my YouTube channel. But no one can deny that those things in | ||
760 | |759 |01:04:43 ~-~-> 01:04:47 |the inversion fairbag app, I taught that on an audio of a Twitter space, and all | ||
761 | |760 |01:04:47 ~-~-> 01:04:51 |those things can can be confirmed by going and watching other people that | ||
762 | |761 |01:04:51 ~-~-> 01:04:55 |love to put my Twitter spaces on their YouTube channel. Sometimes they put | ||
763 | |762 |01:04:55 ~-~-> 01:04:58 |music behind it. Sometimes they put it with charts. If I've talked about some | ||
764 | |763 |01:04:58 ~-~-> 01:05:02 |things and you reenact all. That they put some work and effort into it, and if | ||
765 | |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 | ||
766 | |765 |01:05:04 ~-~-> 01:05:08 |mind. It's just you're providing another testimony that you were there, you saw | ||
767 | |766 |01:05:08 ~-~-> 01:05:12 |it, you listened. And it's a timeline. All those bread comes, come back to me. | ||
768 | |767 |01:05:12 ~-~-> 01:05:18 |But it 315 the 345 of the last final hour of regular trading hours. You call | ||
769 | |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 | ||
770 | |769 |01:05:21 ~-~-> 01:05:27 |trading hours between 315 and 345 the market is going to operate inside of the | ||
771 | |770 |01:05:27 ~-~-> 01:05:31 |narrative that's presently underway. Meaning what we created another | ||
772 | |771 |01:05:31 ~-~-> 01:05:36 |opportunity to buy. We have buy side up here, which is also the opening range | ||
773 | |772 |01:05:36 ~-~-> 01:05:41 |high of 130 to 2pm Eastern Time. That's the afternoon session. You don't see me | ||
774 | |773 |01:05:41 ~-~-> 01:05:44 |do a lot of afternoon session stuff. Usually I'm in other people's live | ||
775 | |774 |01:05:44 ~-~-> 01:05:48 |streams or whatever. And the things I call out, and it comes to fruition all | ||
776 | |775 |01:05:48 ~-~-> 01:05:52 |the time, is what I'm showing you here. I'm literally showing you my cards. Now, | ||
777 | |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 | ||
778 | |777 |01:05:56 ~-~-> 01:06:00 |you this isn't gonna be enough. But look at the times that these things are | ||
779 | |778 |01:06:00 ~-~-> 01:06:05 |occurring. They're very specific. They're very, very specific. If you look | ||
780 | |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 | ||
781 | |780 |01:06:14 ~-~-> 01:06:19 |what does it do? It retraces back down into that gap, and it's also trading | ||
782 | |781 |01:06:19 ~-~-> 01:06:23 |down into negative one standard deviation of the opening range at 930, | ||
783 | |782 |01:06:23 ~-~-> 01:06:30 |to 10 o'clock. Forget pivot points, folks. Forget all that stuff. You need | ||
784 | |783 |01:06:30 ~-~-> 01:06:34 |to look at these things. Okay, pivot points are not based on time. They're | ||
785 | |784 |01:06:34 ~-~-> 01:06:39 |not based on any time. They're just ambiguous measurements of open, high, | ||
786 | |785 |01:06:39 ~-~-> 01:06:42 |low and close, multiplied by two, divided by this, and divided all that | ||
787 | |786 |01:06:42 ~-~-> 01:06:47 |stuff is number crunching. When you take your attention to time, and that's why I | ||
788 | |787 |01:06:47 ~-~-> 01:06:51 |laugh in the face of these fools they talk about, oh, I'm the price this, and | ||
789 | |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 | ||
790 | |789 |01:06:56 ~-~-> 01:07:00 |not implementing time first, because that's what the algorithm does. It | ||
791 | |790 |01:07:00 ~-~-> 01:07:05 |refers to very specific times, and then what price inside that range of time? | ||
792 | |791 |01:07:06 ~-~-> 01:07:11 |See, these aren't zones. They're highly specific 30 minute windows, 20 minute | ||
793 | |792 |01:07:11 ~-~-> 01:07:20 |windows, in deference to the macro, or in this case, the lunch macro, which is | ||
794 | |793 |01:07:20 ~-~-> 01:07:23 |a two hour window of opportunity, but there's a beginning to it, and there's | ||
795 | |794 |01:07:23 ~-~-> 01:07:27 |an ending to it, and there's price runs that begin and end at those very | ||
796 | |795 |01:07:27 ~-~-> 01:07:30 |specific times when you're journaling. I'll hold off, because I'm going to | ||
797 | |796 |01:07:30 ~-~-> 01:07:33 |steal it from there, from that portion of the video, if I could go on. But | ||
798 | |797 |01:07:33 ~-~-> 01:07:40 |during the 315 the 345 macro, it's 30 minutes you're looking for the setup | ||
799 | |798 |01:07:40 ~-~-> 01:07:46 |that leads to murder on clothes, excuse me, market on clothes macro. That's what | ||
800 | |799 |01:07:46 ~-~-> 01:07:52 |moc stands for. That's the 350 little price run that usually takes off and | ||
801 | |800 |01:07:52 ~-~-> 01:07:56 |creates another higher high, or retracement into the range. Here we know | ||
802 | |801 |01:07:56 ~-~-> 01:08:03 |that we have 2.5 standard deviation that would take us above this high. This | ||
803 | |802 |01:08:03 ~-~-> 01:08:08 |one's very close. But if you look at this price around here, it duplicates | ||
804 | |803 |01:08:08 ~-~-> 01:08:13 |itself there. So we're seeing another measured move, but it begins at the time | ||
805 | |804 |01:08:13 ~-~-> 01:08:19 |and on the price inside of the opening range in the afternoon session. That's | ||
806 | |805 |01:08:19 ~-~-> 01:08:23 |this one here. Look what it's doing here. Body stopping at the consequent | ||
807 | |806 |01:08:23 ~-~-> 01:08:26 |encroachment, wicks go down just below, but doesn't completely close it in | ||
808 | |807 |01:08:26 ~-~-> 01:08:33 |during the 350 I'm sorry, 315 to 345 macro bodies are staying in the upper | ||
809 | |808 |01:08:33 ~-~-> 01:08:37 |half. What is it telling you? The algorithm is signaling to smart money, | ||
810 | |809 |01:08:37 ~-~-> 01:08:42 |just like it's been coded to do stay out of that area that gives them confidence | ||
811 | |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 | ||
812 | |811 |01:08:47 ~-~-> 01:08:52 |at 350 and here you go, that candlesticks 350 and wouldn't you know | ||
813 | |812 |01:08:52 ~-~-> 01:08:58 |it, look what happens right up to negative 2.5 standard deviation. So | ||
814 | |813 |01:08:58 ~-~-> 01:09:03 |there's obviously no algorithm, right? No way. Nope. Not here, folks, nothing | ||
815 | |814 |01:09:03 ~-~-> 01:09:03 |to see. | ||
816 | |815 |01:09:06 ~-~-> 01:09:11 |I want you to think about the power of journaling. Okay, why? Why even do it? | ||
817 | |816 |01:09:12 ~-~-> 01:09:16 |Well, it allows you to measure your progress on a daily and weekly basis, | ||
818 | |817 |01:09:16 ~-~-> 01:09:19 |which is really important as a new trader, a new student, especially if | ||
819 | |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 | ||
820 | |819 |01:09:22 ~-~-> 01:09:28 |never been profitable, this is probably going to be the biggest, super helpful | ||
821 | |820 |01:09:28 ~-~-> 01:09:31 |thing to you in terms of organization, collecting and organizing your thoughts, | ||
822 | |821 |01:09:31 ~-~-> 01:09:36 |building your model, refining, encouraging yourself. All those things | ||
823 | |822 |01:09:36 ~-~-> 01:09:42 |are beneficial from the power of journaling. So by measuring progress | ||
824 | |823 |01:09:42 ~-~-> 01:09:45 |daily and weekly, to encouraging yourself when you feel like you're in a | ||
825 | |824 |01:09:45 ~-~-> 01:09:49 |stagnant position or you're in drawdown, he's just simply not doing things right, | ||
826 | |825 |01:09:49 ~-~-> 01:09:52 |and you feel like everything's different than what you expected it to be, you're | ||
827 | |826 |01:09:52 ~-~-> 01:09:57 |going to want to be cheerleaded, and you need to encourage yourself when you do | ||
828 | |827 |01:09:57 ~-~-> 01:10:02 |things in your journal. Never talk negative. And when you find those points | ||
829 | |828 |01:10:02 ~-~-> 01:10:06 |in your journal where you've done it well in the past, go back, go back and | ||
830 | |829 |01:10:06 ~-~-> 01:10:10 |visit them again, and you'll say, Oh, wow, I did that. I did those very | ||
831 | |830 |01:10:10 ~-~-> 01:10:13 |things, and I saw that happen. It worked. It cancels out the negative | ||
832 | |831 |01:10:13 ~-~-> 01:10:16 |thoughts about what you're feeling when you do something wrong. It feels like, | ||
833 | |832 |01:10:16 ~-~-> 01:10:20 |oh, is this broken? It doesn't work anymore. And if you don't have | ||
834 | |833 |01:10:20 ~-~-> 01:10:24 |experience to lean on, or a community that tells you listen, it's normal for | ||
835 | |834 |01:10:24 ~-~-> 01:10:27 |you to feel that way. But keep walking forward with the information, the data | ||
836 | |835 |01:10:27 ~-~-> 01:10:31 |will support and show you that it works. It isn't going to work in a percent. | ||
837 | |836 |01:10:31 ~-~-> 01:10:35 |Nobody has 100% strike rate. Nobody has if there ever was going to be somebody | ||
838 | |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 | ||
839 | |838 |01:10:39 ~-~-> 01:10:43 |always manipulation. There's always some kind of intervention that I can't see | ||
840 | |839 |01:10:43 ~-~-> 01:10:47 |coming. And then there it is. And I'm also human. I'm not AI. Sometimes I | ||
841 | |840 |01:10:47 ~-~-> 01:10:50 |don't feel good. Sometimes I have something happening in my personal life | ||
842 | |841 |01:10:50 ~-~-> 01:10:53 |that just clouds my mind, my focus, and I just do something I shouldn't have | ||
843 | |842 |01:10:53 ~-~-> 01:10:56 |done. And I take a losing trade, eventually you're going to see me do it. | ||
844 | |843 |01:10:57 ~-~-> 01:11:00 |It's okay. It doesn't mean anything except for that transaction was done | ||
845 | |844 |01:11:00 ~-~-> 01:11:03 |wrong, and I own it doesn't mean anything out there than just simply | ||
846 | |845 |01:11:03 ~-~-> 01:11:09 |that. But what do you Journal? Well, what I'm showing you here, if you're not | ||
847 | |846 |01:11:09 ~-~-> 01:11:12 |doing these things in your chart, looking for the signatures of the | ||
848 | |847 |01:11:12 ~-~-> 01:11:16 |algorithm, if you're not looking for it, you're never going to be proving that | ||
849 | |848 |01:11:16 ~-~-> 01:11:20 |there's something to things I'm teaching. You'll just eventually quit | ||
850 | |849 |01:11:20 ~-~-> 01:11:25 |and go watch some guy that has an indicator, and hopefully he spoon feeds | ||
851 | |850 |01:11:25 ~-~-> 01:11:27 |you and gives you setup. So that's what you're really looking for. In the | ||
852 | |851 |01:11:27 ~-~-> 01:11:31 |beginning, give me a handheld opportunity to follow and copy you. | ||
853 | |852 |01:11:31 ~-~-> 01:11:37 |That's what I wanted, too. I wanted that because I was intimidated by losing all | ||
854 | |853 |01:11:37 ~-~-> 01:11:41 |the time as a very beginning student, as 20 year old Michael, I didn't know what | ||
855 | |854 |01:11:41 ~-~-> 01:11:47 |I was doing. So you're going to journal like this. You're going to go through | ||
856 | |855 |01:11:47 ~-~-> 01:11:50 |the charts after the fact and put the times that I'm showing you here. They're | ||
857 | |856 |01:11:50 ~-~-> 01:11:55 |always the same. They never change. The only thing that's missing in here is all | ||
858 | |857 |01:11:55 ~-~-> 01:12:00 |of the individual hour macros, the 50 minute to 10 minutes after the top of | ||
859 | |858 |01:12:00 ~-~-> 01:12:03 |every hour mark, every one of them, and you're going to start seeing the turning | ||
860 | |859 |01:12:03 ~-~-> 01:12:06 |points in the marketplace that are happening there, and when you understand | ||
861 | |860 |01:12:06 ~-~-> 01:12:10 |the narrative and where the market's likely to go, nothing will surprise you. | ||
862 | |861 |01:12:10 ~-~-> 01:12:15 |You're not going to be surprised. You can have a whole level of comfort and | ||
863 | |862 |01:12:15 ~-~-> 01:12:19 |you're able to hold trades longer. One of the biggest question I get all the | ||
864 | |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 | ||
865 | |864 |01:12:22 ~-~-> 01:12:26 |by this or that. I'm using this type of information here. It's not found in | ||
866 | |865 |01:12:26 ~-~-> 01:12:29 |books. It's not found in educators. Now it's going to be in Amazon books. Now, | ||
867 | |866 |01:12:31 ~-~-> 01:12:36 |in the low class, low character, individuals are going to pretend that | ||
868 | |867 |01:12:36 ~-~-> 01:12:40 |they figured it out, or they founded some garbage. That's really my concepts. | ||
869 | |868 |01:12:41 ~-~-> 01:12:45 |Okay, you see them. They're in my ex all the time, spamming my comment section. | ||
870 | |869 |01:12:45 ~-~-> 01:12:48 |But look at their posts. It's order blocks, it's fair bags, that's my stuff, | ||
871 | |870 |01:12:48 ~-~-> 01:12:52 |folks, that's my stuff. And they're just rebranding it. You didn't found | ||
872 | |871 |01:12:52 ~-~-> 01:12:56 |anything. You didn't discover anything. You're just parroting and trying to put | ||
873 | |872 |01:12:56 ~-~-> 01:13:00 |a new name and spin on something. So that way you can be a character in the | ||
874 | |873 |01:13:00 ~-~-> 01:13:05 |industry learn how to do it. Well, okay, there's no shame in saying that you | ||
875 | |874 |01:13:05 ~-~-> 01:13:09 |learn from the stuff I put out there. Most of you haven't paid for it. Now, | ||
876 | |875 |01:13:10 ~-~-> 01:13:14 |wouldn't it be wonderful to just put down all that stuff this, this image | ||
877 | |876 |01:13:14 ~-~-> 01:13:18 |based, you know, argument you're having an arm wrestling match with me. I don't | ||
878 | |877 |01:13:18 ~-~-> 01:13:22 |want to say that I learned from you. Well, I understand, because I make a | ||
879 | |878 |01:13:22 ~-~-> 01:13:26 |very, very uncomfortable position for people that sell my content. I'm | ||
880 | |879 |01:13:26 ~-~-> 01:13:30 |comfortable being in a position where you think I'm a fraud. I'm comfortable | ||
881 | |880 |01:13:30 ~-~-> 01:13:34 |being in a position where you say he's never won the Robins cup. Because when | ||
882 | |881 |01:13:34 ~-~-> 01:13:38 |you sell my information and my mentorship and my name's attached to it, | ||
883 | |882 |01:13:38 ~-~-> 01:13:41 |because that's the only thing it's really going to sell it for you, we're | ||
884 | |883 |01:13:41 ~-~-> 01:13:43 |gonna think, oh, yeah, why would I buy that? That guy didn't he do this? And | ||
885 | |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 | ||
886 | |885 |01:13:47 ~-~-> 01:13:50 |also twisting that knife every day in that telegram channel, aren't I? Here's | ||
887 | |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. | ||
888 | |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 | ||
889 | |888 |01:13:59 ~-~-> 01:14:03 |edge, and if you believe in the concept, because you've been with me a long time, | ||
890 | |889 |01:14:03 ~-~-> 01:14:07 |it's fun watching me. If you're brand new, you're uncomfortable. This guy | ||
891 | |890 |01:14:07 ~-~-> 01:14:10 |doesn't have any track record. He doesn't want to show his information. He | ||
892 | |891 |01:14:10 ~-~-> 01:14:15 |doesn't want to give this Listen, don't I could. I could fabricate anything | ||
893 | |892 |01:14:15 ~-~-> 01:14:18 |that's happened in the past. Anyone can do that. They do it all the time. With | ||
894 | |893 |01:14:18 ~-~-> 01:14:23 |my effects books, you can get a white label broker, and put a fake broker, | ||
895 | |894 |01:14:23 ~-~-> 01:14:26 |fake trades in there, and make that thing look like it's a real account, and | ||
896 | |895 |01:14:26 ~-~-> 01:14:31 |you look like you're amazing. That doesn't mean anything. Trade live. Call | ||
897 | |896 |01:14:31 ~-~-> 01:14:35 |it live. Everything before it happens. Everything should be explained | ||
898 | |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 | ||
899 | |898 |01:14:38 ~-~-> 01:14:41 |need to see a live account. You don't even need to see a demo account. You | ||
900 | |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 | ||
901 | |900 |01:14:44 ~-~-> 01:14:47 |know what I'm talking about, I'm gonna fail miserably in front of all of you. | ||
902 | |901 |01:14:47 ~-~-> 01:14:52 |And look what everybody's seeing. Isn't it fun? It's delicious, isn't it? | ||
903 | |902 |01:14:53 ~-~-> 01:14:56 |Everybody wants me to do this, and I'm gonna do the opposite, and you're all | ||
904 | |903 |01:14:56 ~-~-> 01:15:02 |still watching me. It's beautiful. Wasn't it. It's poetry. So you would be | ||
905 | |904 |01:15:02 ~-~-> 01:15:07 |also marking every macro, every 20 minute interval. That's the first 10 | ||
906 | |905 |01:15:07 ~-~-> 01:15:10 |minutes after the top of the hour, in the first or the last 10 minutes prior | ||
907 | |906 |01:15:10 ~-~-> 01:15:16 |to the top of the hour. So they're always hour 50 minute to new hour 10 | ||
908 | |907 |01:15:16 ~-~-> 01:15:20 |minutes after. So that 20 minute window, that's a macro you want to record that | ||
909 | |908 |01:15:20 ~-~-> 01:15:23 |in all of your charts, well, not all of your charts, but in the one in five | ||
910 | |909 |01:15:23 ~-~-> 01:15:27 |minute charts, that's where you should have it, and anywhere else you shouldn't | ||
911 | |910 |01:15:27 ~-~-> 01:15:32 |need it. And the 30 minute opening ranges for the morning session, it's | ||
912 | |911 |01:15:32 ~-~-> 01:15:37 |9:30am to 10am and in the afternoon session, it's 1:30pm to 2pm Eastern | ||
913 | |912 |01:15:37 ~-~-> 01:15:41 |Time. They don't change. Okay? They're always going to be static. And the first | ||
914 | |913 |01:15:41 ~-~-> 01:15:45 |resistance of fair value gap inside of both of those opening ranges, and then | ||
915 | |914 |01:15:45 ~-~-> 01:15:50 |obviously the opening range gaps, which I'm not including here, but you want to | ||
916 | |915 |01:15:50 ~-~-> 01:15:53 |back test all this, mark up your PDA race, like I've done here. And this is | ||
917 | |916 |01:15:53 ~-~-> 01:15:58 |very, very slim and not really bloated with a lot of stuff, but look how | ||
918 | |917 |01:15:58 ~-~-> 01:16:03 |beautiful it is. These are the things I have on my my little notepad, you know, | ||
919 | |918 |01:16:03 ~-~-> 01:16:08 |like here, that's the stuff I have written down. You ask to see it all the | ||
920 | |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 | ||
921 | |920 |01:16:11 ~-~-> 01:16:14 |going to see a level and say, what is that? And because I won't answer you, | ||
922 | |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 | ||
923 | |922 |01:16:20 ~-~-> 01:16:25 |going to document how price runs form at these times with the very PD arrays that | ||
924 | |923 |01:16:25 ~-~-> 01:16:30 |it forms. And by seeing it repeating over and over again by repetition, | ||
925 | |924 |01:16:30 ~-~-> 01:16:35 |you'll start spotting these things are always occurring. And when you start | ||
926 | |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 | ||
927 | |926 |01:16:40 ~-~-> 01:16:46 |that's coded. Smart money's looking for these same things. Okay, I promise you, | ||
928 | |927 |01:16:46 ~-~-> 01:16:51 |they're not using indicators. I promise you, these individuals are not looking | ||
929 | |928 |01:16:51 ~-~-> 01:16:57 |at indicators. They're looking at time and price. It's this type of thing | ||
930 | |929 |01:16:57 ~-~-> 01:17:01 |they're looking for, not this exactly, but this is the language I created. So | ||
931 | |930 |01:17:01 ~-~-> 01:17:06 |that way it gets real, real close, closer than anybody else has ever gotten | ||
932 | |931 |01:17:06 ~-~-> 01:17:11 |before. And where do they run to, what objective they reach for that's your | ||
933 | |932 |01:17:11 ~-~-> 01:17:16 |standard deviations on the opening ranges. And then was there any drawdown | ||
934 | |933 |01:17:16 ~-~-> 01:17:21 |in any setup that performed? How much of a drawdown? How long did the time | ||
935 | |934 |01:17:21 ~-~-> 01:17:26 |require for that that setup to pan out, or how long did it stay in profit before | ||
936 | |935 |01:17:26 ~-~-> 01:17:30 |eventually stopping you out. You journal all those things, and you keep data on | ||
937 | |936 |01:17:30 ~-~-> 01:17:36 |that. And then you also, you, you look for these things in terms of how much | ||
938 | |937 |01:17:36 ~-~-> 01:17:40 |time and what time the run completed. And you're going to start seeing these | ||
939 | |938 |01:17:40 ~-~-> 01:17:47 |signatures and time repeat over and over and over again. There's really no more | ||
940 | |939 |01:17:47 ~-~-> 01:17:50 |lessons I'm going to give publicly, either in books or video, have anything | ||
941 | |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 | ||
942 | |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 | ||
943 | |942 |01:17:58 ~-~-> 01:18:02 |here. If you stick to what shown here, time wise here, and start looking for | ||
944 | |943 |01:18:02 ~-~-> 01:18:07 |all the price runs and what PD arrays that form the price runs. You will learn | ||
945 | |944 |01:18:07 ~-~-> 01:18:11 |by repetition how to be a better tape reader and read price action better. | ||
946 | |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 | ||
947 | |946 |01:18:14 ~-~-> 01:18:18 |to be more comfortable in your skin watching these candlesticks form and | ||
948 | |947 |01:18:18 ~-~-> 01:18:22 |trust where they're likely go. That in and of itself, is not profitable trading | ||
949 | |948 |01:18:23 ~-~-> 01:18:28 |or consistently profitable trading. There's a huge gap in chasm between that | ||
950 | |949 |01:18:28 ~-~-> 01:18:32 |point of your development and that, but you're never going to get there unless | ||
951 | |950 |01:18:32 ~-~-> 01:18:37 |you start that means journaling, taking the information that I'm showing you | ||
952 | |951 |01:18:37 ~-~-> 01:18:41 |here all the time, aspects that I've talked about here today include them on | ||
953 | |952 |01:18:41 ~-~-> 01:18:45 |your chart if you're not recording them. I watch my students sometimes live | ||
954 | |953 |01:18:45 ~-~-> 01:18:51 |stream, and they're very inconsistent. Sometimes I'll talk about a macro time. | ||
955 | |954 |01:18:51 ~-~-> 01:18:55 |Other times they don't even mention them at all. And sometimes they're not even | ||
956 | |955 |01:18:55 ~-~-> 01:18:58 |looking at it. And if they would have done so, it would have kept them from | ||
957 | |956 |01:18:58 ~-~-> 01:19:02 |being offside on the trades. I'm not going to go in and correct any of my | ||
958 | |957 |01:19:02 ~-~-> 01:19:06 |students. Number one, it's rude. Two, it's not my trade, | ||
959 | |958 |01:19:07 ~-~-> 01:19:11 |and they're going to learn by doing it wrong, not by me telling them you're | ||
960 | |959 |01:19:11 ~-~-> 01:19:15 |doing it wrong. It creates co dependency. That's why I don't give you | ||
961 | |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 | ||
962 | |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 | ||
963 | |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 | ||
964 | |963 |01:19:31 ~-~-> 01:19:37 |your, your scared anxiety about the outcome of the trade, because I'm going | ||
965 | |964 |01:19:37 ~-~-> 01:19:40 |to be thinking all these people are watching me. They're worried about this. | ||
966 | |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 | ||
967 | |966 |01:19:46 ~-~-> 01:19:50 |why I don't do it that way. I teach it perfectly before it happens. This is | ||
968 | |967 |01:19:50 ~-~-> 01:19:53 |what you're looking for. This is what it should do. It shouldn't do that, and | ||
969 | |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 | ||
970 | |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 | ||
971 | |970 |01:20:07 ~-~-> 01:20:11 |it's almost like medicine for me, and I love doing it, but a lot of times, | ||
972 | |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, | ||
973 | |972 |01:20:15 ~-~-> 01:20:20 |so just be patient with me. Hopefully, Lord's more martial and gets me where I | ||
974 | |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 | ||
975 | |974 |01:20:26 ~-~-> 01:20:29 |not been producing any content. I have lots of videos I want to produce. | ||
976 | |975 |01:20:29 ~-~-> 01:20:32 |They're outlined already, but I just don't have the energy to sit through it, | ||
977 | |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, | ||
978 | |977 |01:20:39 ~-~-> 01:20:43 |take what you get from me and be content with that? Okay, hopefully you found | ||
979 | |978 |01:20:43 ~-~-> 01:20:47 |this one insightful. Hopefully it was beneficial in a lot of ways in terms of | ||
980 | |979 |01:20:47 ~-~-> 01:20:51 |what you're looking for in terms of journaling. But you have to collect | ||
981 | |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 | ||
982 | |981 |01:20:59 ~-~-> 01:21:03 |you that are willing to share how you journal and what medium or application | ||
983 | |982 |01:21:03 ~-~-> 01:21:07 |or tool that you use, you're welcome to encourage others that are in the same | ||
984 | |983 |01:21:07 ~-~-> 01:21:13 |community. And there's been some really wonderful products. I don't have an | ||
985 | |984 |01:21:13 ~-~-> 01:21:18 |affiliate with anybody. I won't ever have an affiliate with anyone, but I've | ||
986 | |985 |01:21:18 ~-~-> 01:21:21 |seen enough to know that some of those things look really good from the | ||
987 | |986 |01:21:21 ~-~-> 01:21:25 |surface, and some of the students are saying they've been using for a long | ||
988 | |987 |01:21:25 ~-~-> 01:21:29 |time. They like them. I'm not going to say their name here, because it will be | ||
989 | |988 |01:21:29 ~-~-> 01:21:32 |like an advertisement for them. And you'll, you'll assume that I'm doing | ||
990 | |989 |01:21:32 ~-~-> 01:21:35 |something through an affiliate with them, and I don't. I don't have any | ||
991 | |990 |01:21:35 ~-~-> 01:21:39 |affiliate. You can't pay for my opinion. If I like something, I'm going to tell | ||
992 | |991 |01:21:39 ~-~-> 01:21:43 |you honestly. If I don't like something, I'm going to tell you honestly, and that | ||
993 | |992 |01:21:43 ~-~-> 01:21:48 |way, everything's the same with me. Whatever I say, I stand on it, and if my | ||
994 | |993 |01:21:49 ~-~-> 01:21:56 |opinions matter to you, hopefully you can respect that, because I avoid having | ||
995 | |994 |01:21:56 ~-~-> 01:22:00 |any confusion about whether I'm getting paid for my opinion about something. But | ||
996 | |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 | ||
997 | |996 |01:22:04 ~-~-> 01:22:05 |willing, be safe. You. |