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2 |1 |00:00:27 ~-~-> 00:00:30 |ICT: Welcome back, folks. Hope you're doing well. All right, just a quick
3 |2 |00:00:30 ~-~-> 00:00:40 |little review for April 9, 2025 for NASDAQ. All right, so you can see we've
4 |3 |00:00:40 ~-~-> 00:00:46 |had a monstrous rally this afternoon. I'll get into that in a moment, but this
5 |4 |00:00:46 ~-~-> 00:00:53 |is the continuous content. I'll get into that in a moment. But this is the
6 |5 |00:00:53 ~-~-> 00:01:01 |continuous contract for NQ Nasdaq futures, and remind you that we traded
7 |6 |00:01:01 ~-~-> 00:01:10 |down to the depths of discount I was outlining last week and then came all
8 |7 |00:01:10 ~-~-> 00:01:15 |the way back up, straight up into these two consecutive up close candles, which
9 |8 |00:01:15 ~-~-> 00:01:18 |is a bearish order block. Now it doesn't mean that I'm saying it's going to go
10 |9 |00:01:18 ~-~-> 00:01:25 |there and then go lower. In fact, it's probably different, probably the
11 |10 |00:01:25 ~-~-> 00:01:33 |opposite. So here we're looking at the hourly chart here, and you can see
12 |11 |00:01:33 ~-~-> 00:01:37 |there's an inefficiency. And now we're looking at the June delivery contract
13 |12 |00:01:37 ~-~-> 00:01:50 |for Nasdaq futures 2025 we have an efficiency here. With a gap and a short
14 |13 |00:01:50 ~-~-> 00:01:53 |term high price of liquidity. It took that shared the consequent encroachment
15 |14 |00:01:53 ~-~-> 00:02:01 |of this inefficiency here. Now I'm noticing that we've had several buy side
16 |15 |00:02:01 ~-~-> 00:02:09 |taken here, here, and smaller short term intraday in here, which you'll see on
17 |16 |00:02:09 ~-~-> 00:02:13 |the trade that I took. But we went to consequent encroachment of this
18 |17 |00:02:13 ~-~-> 00:02:19 |inefficiency. Watch this candlesticks low to this candlesticks body. So I'm
19 |18 |00:02:19 ~-~-> 00:02:26 |encompassing all that price action, to define that inefficiency relative equal
20 |19 |00:02:26 ~-~-> 00:02:34 |highs, they smash through that today and this liquidity void, which is no price
21 |20 |00:02:34 ~-~-> 00:02:38 |being offered at all, no buying or selling in between these two specific
22 |21 |00:02:38 ~-~-> 00:02:45 |times, that's a real liquidity void. Okay, so because it gapped lower, we
23 |22 |00:02:45 ~-~-> 00:02:52 |traded up through it, and then back down through it, and then we're back. We went
24 |23 |00:02:52 ~-~-> 00:02:57 |to the upside. So cost encroachment of that inefficiency is going to be
25 |24 |00:02:57 ~-~-> 00:03:04 |influential today, and you'll see that in a moment, all right, 15 minute time
26 |25 |00:03:04 ~-~-> 00:03:10 |frame. You can see the relative equal highs here, by side the inefficiency on
27 |26 |00:03:10 ~-~-> 00:03:15 |the hourly chart, and just back and forth in here, working inside that
28 |27 |00:03:15 ~-~-> 00:03:19 |range, respecting all the quadrant levels. And here you can see that rather
29 |28 |00:03:19 ~-~-> 00:03:29 |handsomely and ultimately we get this crazy town rally to the upside again.
30 |29 |00:03:29 ~-~-> 00:03:36 |Buy side here sits around 20,000 like we're drop down into a two minute chart.
31 |30 |00:03:36 ~-~-> 00:03:41 |I want you to take a look at this little area in here, this buy side, about South
32 |31 |00:03:41 ~-~-> 00:03:53 |side of efficiency, and will stick high to actually, this is actually, I think,
33 |32 |00:03:53 ~-~-> 00:03:56 |if I'm not mistaken, I believe, check me on this. Don't take my word for it, but
34 |33 |00:03:56 ~-~-> 00:04:04 |on a two minute chart for June NASDAQ, this closing price is just a tick or so
35 |34 |00:04:04 ~-~-> 00:04:08 |below the open of that one. So that means there's a smaller volume of
36 |35 |00:04:08 ~-~-> 00:04:14 |balance, and that's what I'm annotating. I may be incorrect, but for the sake of
37 |36 |00:04:14 ~-~-> 00:04:18 |testing, the old man, just just check it Okay, when you're in charge. So that buy
38 |37 |00:04:18 ~-~-> 00:04:22 |set of balances on efficiency, it trades back down into it and leaves a small
39 |38 |00:04:22 ~-~-> 00:04:26 |little portion. Little portion of it open. See that between the candles high
40 |39 |00:04:26 ~-~-> 00:04:33 |and where these candles lows form, and then price sends a rally up, retraces
41 |40 |00:04:33 ~-~-> 00:04:38 |back down into this inefficiency, the high of it, the buy side, sell side,
42 |41 |00:04:38 ~-~-> 00:04:42 |inefficiency. Then it rallies one more time, just the bump the high, and that's
43 |42 |00:04:42 ~-~-> 00:04:47 |where you'll see me exiting my trade. I shared that on Twitter. I'm not going to
44 |43 |00:04:47 ~-~-> 00:04:52 |upload it or add it to this video, just simply because still want to. So you can
45 |44 |00:04:52 ~-~-> 00:04:57 |watch it over there. There's no music. There's no any sound behind it, just me,
46 |45 |00:04:57 ~-~-> 00:05:01 |just sharing what I did today. And. And we're dropping down into a one minute
47 |46 |00:05:01 ~-~-> 00:05:05 |chart, keeping that two minute buy sign and balance outside efficiency in view.
48 |47 |00:05:06 ~-~-> 00:05:09 |And then we have the first presented fair value gap. So we have this
49 |48 |00:05:09 ~-~-> 00:05:14 |candlesticks high this candlestick is the gap, and then the low of this candle
50 |49 |00:05:14 ~-~-> 00:05:19 |here is the high of the first presented fair value gap of April 9, 2025, for
51 |50 |00:05:19 ~-~-> 00:05:25 |NASDAQ as it relates to the one man chart. So the market trades down inside
52 |51 |00:05:25 ~-~-> 00:05:28 |this little area in here, right on this candlestick. You'll see my entry in a
53 |52 |00:05:28 ~-~-> 00:05:33 |moment, and then it rallies up, and then we have this inefficiency, this
54 |53 |00:05:33 ~-~-> 00:05:39 |candlesticks high to this candlesticks low, no, the volume of balance. So
55 |54 |00:05:39 ~-~-> 00:05:47 |that's what's annotated there. And if you look at the video, I actually had
56 |55 |00:05:47 ~-~-> 00:05:56 |this inefficiency drawn incorrectly. I always fumble on that phone app. I just
57 |56 |00:05:56 ~-~-> 00:06:02 |can't get my rectangles to drop where I want them to drop, and I monkey around
58 |57 |00:06:02 ~-~-> 00:06:07 |with it too much, so I know when I'm annotating, and I know I'm going to have
59 |58 |00:06:07 ~-~-> 00:06:10 |the people come behind me and try to correct me, which is fine, it's good.
60 |59 |00:06:10 ~-~-> 00:06:14 |That means you're paying attention, but the idea is that you need to have that
61 |60 |00:06:14 ~-~-> 00:06:18 |volume and balance annotated, whereas in the video, you'll see me not doing so,
62 |61 |00:06:18 ~-~-> 00:06:25 |but it drops down into the body's respecting the midpoint, consequent
63 |62 |00:06:25 ~-~-> 00:06:30 |encouragement. And then the wicks go down and do the damage, testing that two
64 |63 |00:06:30 ~-~-> 00:06:34 |minute buy side about cell sign deficiency, but not getting back down
65 |64 |00:06:34 ~-~-> 00:06:38 |into first presents of everybody got then it rallies higher, takes the high
66 |65 |00:06:38 ~-~-> 00:06:43 |out here, then retraces and goes all the way back down into you can see it just a
67 |66 |00:06:43 ~-~-> 00:06:49 |peak below that pressure sensor everybody got again going into the 1050,
68 |67 |00:06:49 ~-~-> 00:06:54 |1110, macro. So let's put some lipstick on this and show you where the entries
69 |68 |00:06:54 ~-~-> 00:06:58 |were. Here's the candlestick I entered on and that little, tiny, little
70 |69 |00:06:58 ~-~-> 00:07:04 |sideways carrot symbol that is where I entered. So you can see it as the candle
71 |70 |00:07:04 ~-~-> 00:07:11 |open as it was a bold face, bearish candle. You can't go any more extreme
72 |71 |00:07:11 ~-~-> 00:07:16 |than that in terms of buying right there, buying on the low, and it comes
73 |72 |00:07:16 ~-~-> 00:07:22 |back off next candle. Trades back down. Trades below a little bit my stop. You
74 |73 |00:07:22 ~-~-> 00:07:28 |saw where My stop was. It was initially right below this low here. So dollar
75 |74 |00:07:28 ~-~-> 00:07:32 |risk was rather high, but percentage wise, it's really small relative to the
76 |75 |00:07:32 ~-~-> 00:07:37 |account. So reaching for it to go much higher than I have here. And you can
77 |76 |00:07:37 ~-~-> 00:07:40 |watch the video, so I don't want to steal too much thunder from watching the
78 |77 |00:07:40 ~-~-> 00:07:45 |execution. It's about a 19 minute video, which I'm surprised that x even allows
79 |78 |00:07:45 ~-~-> 00:07:49 |that length. But, you know, it allows me to share a whole lot more things down,
80 |79 |00:07:49 ~-~-> 00:07:55 |doesn't it? But the market rallies up, takes out the short term buy side. And I
81 |80 |00:07:55 ~-~-> 00:07:58 |had a limit order for three of the four contracts that I bought. Again, look
82 |81 |00:07:58 ~-~-> 00:08:01 |down here. It's four contracts entry there had a little bit of heat here,
83 |82 |00:08:02 ~-~-> 00:08:08 |draw down, in other words. And then this arrow here on the next slide, which I'll
84 |83 |00:08:08 ~-~-> 00:08:13 |show you now, you can see that that is the sideways little carrot symbol that
85 |84 |00:08:13 ~-~-> 00:08:18 |shows you I was getting out at that price, right at the high. And then it
86 |85 |00:08:18 ~-~-> 00:08:22 |gave multiple attempts to try to go higher, but then gave up the ghost and
87 |86 |00:08:22 ~-~-> 00:08:26 |finally got stopped out on the last one that was trailed right below here. I had
88 |87 |00:08:26 ~-~-> 00:08:31 |annotated during the recording on my phone that this was a mohawk, which is a
89 |88 |00:08:31 ~-~-> 00:08:37 |little outside the range coloring, which is permissible before it gets to the
90 |89 |00:08:37 ~-~-> 00:08:41 |target, and that that's just a brilliant little example of sticking to the rules.
91 |90 |00:08:42 ~-~-> 00:08:50 |And then the market came back down again, working lower over here. Which
92 |91 |00:08:50 ~-~-> 00:08:56 |brings us to the afternoon, okay? So you can see the business over here, where
93 |92 |00:08:56 ~-~-> 00:09:00 |the trades were entered and where it was finally stopped, out in private on the
94 |93 |00:09:00 ~-~-> 00:09:06 |last single contract. Then as we went through the lunch hour, we had first
95 |94 |00:09:06 ~-~-> 00:09:10 |percent of everybody. Gap again, used here, then here, and they worked inside
96 |95 |00:09:10 ~-~-> 00:09:16 |that new week. Opening gap around the high came back above. It worked an old
97 |96 |00:09:16 ~-~-> 00:09:22 |New Day. Opening gap on the eighth of April traded lower, and this is the
98 |97 |00:09:22 ~-~-> 00:09:28 |spike down in and Trump halts the tariffs for 90 days, and then the market
99 |98 |00:09:28 ~-~-> 00:09:34 |goes ballistic, literally tears the face off anyone that's short and just
100 |99 |00:09:34 ~-~-> 00:09:41 |completely runs amok. This goes like a bat out of hell straight into the
101 |100 |00:09:41 ~-~-> 00:09:46 |inefficiency on the hourly chart here, and traded right into the consequent
102 |101 |00:09:46 ~-~-> 00:09:50 |approach from that inefficiency. We have a small little need opening gap here.
103 |102 |00:09:50 ~-~-> 00:09:54 |Make sure you annotate on your chart. But I want to spend a minute or two
104 |103 |00:09:54 ~-~-> 00:09:58 |because I see a lot of folks are already saying, Why aren't you in telegram? Why
105 |104 |00:09:58 ~-~-> 00:10:01 |aren't you breaking down the market until. Room. Why aren't you telling us
106 |105 |00:10:02 ~-~-> 00:10:07 |real time commentary? And this is why I'm refraining from real time
107 |106 |00:10:07 ~-~-> 00:10:12 |commentary, folks, I understand some of you are really new at this, some of you,
108 |107 |00:10:12 ~-~-> 00:10:14 |most of you probably are in demo only,
109 |108 |00:10:16 ~-~-> 00:10:21 |and you can't appreciate the measure of risk if you're looking at this move
110 |109 |00:10:21 ~-~-> 00:10:25 |right here, which is what I warned about. I said I was going to be messing
111 |110 |00:10:25 ~-~-> 00:10:28 |around this week. Okay, so if I do anything, I'm doing it in the privacy of
112 |111 |00:10:28 ~-~-> 00:10:35 |my own, well, solitude. And that might make you mad. That might upset you.
113 |112 |00:10:35 ~-~-> 00:10:42 |Might feel like I'm being selfish or stingy. No, I'm being responsible. I
114 |113 |00:10:42 ~-~-> 00:10:46 |know the power of the influence I have, and if I say anything in the
115 |114 |00:10:46 ~-~-> 00:10:51 |marketplace, because you've seen me be very, very consistent this year, I would
116 |115 |00:10:51 ~-~-> 00:11:00 |be who were up if I were to say something, and something like this would
117 |116 |00:11:00 ~-~-> 00:11:06 |be contrary to the idea that I would have you as my students watching. Let's
118 |117 |00:11:06 ~-~-> 00:11:09 |just say, for the sake of argument, I wouldn't have done that. You can see I
119 |118 |00:11:09 ~-~-> 00:11:14 |was bullish today, but I did have a short in here. Let's just say, for the
120 |119 |00:11:14 ~-~-> 00:11:19 |sake of devil's advocate example, let's just say that I did, and we were just
121 |120 |00:11:19 ~-~-> 00:11:23 |taking a setup that would take us right down into the new week, opening gap high
122 |121 |00:11:23 ~-~-> 00:11:26 |and maybe the lower quadrant. Maybe, maybe that's something that could have
123 |122 |00:11:26 ~-~-> 00:11:31 |been suggested by me. I'm not saying that it was. I'm not saying that it
124 |123 |00:11:31 ~-~-> 00:11:34 |would have been, but I'm just giving you an example, a hyper hypothetical
125 |124 |00:11:34 ~-~-> 00:11:42 |example. Let's say that that took place, folks. These are one minute candles, one
126 |125 |00:11:42 ~-~-> 00:11:50 |minute. Look at the the velocity of how fast this thing was moving. It was
127 |126 |00:11:50 ~-~-> 00:11:59 |moving hundreds of handles inside of the time duration of 60 seconds. You can't
128 |127 |00:11:59 ~-~-> 00:12:03 |you can't protect yourself from that, folks, your stop loss isn't going to
129 |128 |00:12:03 ~-~-> 00:12:10 |work. It's not going to work. You're going to get out at a very, very grossly
130 |129 |00:12:10 ~-~-> 00:12:16 |unexpected exit price, and it might do greater harm than you're willing or able
131 |130 |00:12:16 ~-~-> 00:12:22 |to weather. So I understand that. You see these big moves, and you think, wow,
132 |131 |00:12:22 ~-~-> 00:12:27 |ICT could have put us on that No, ICT will not. I didn't even take that trade.
133 |132 |00:12:29 ~-~-> 00:12:32 |There are things that's going to happen because of what's going on right now.
134 |133 |00:12:33 ~-~-> 00:12:39 |There's so many geopolitical things, so many things that are in the states
135 |134 |00:12:39 ~-~-> 00:12:45 |that's being done by this present administration. And there's this an
136 |135 |00:12:45 ~-~-> 00:12:52 |unbelievable measure of uncertainty, volatility, chaos, but it's all
137 |136 |00:12:52 ~-~-> 00:12:59 |controlled chaos, and because it's a lot of hand involved manual intervention
138 |137 |00:12:59 ~-~-> 00:13:03 |like this right here, you're you're not going to be able to time it, you're not
139 |138 |00:13:03 ~-~-> 00:13:09 |going to be able to expect it, and Lord forbid something worse happens, some
140 |139 |00:13:09 ~-~-> 00:13:14 |kind of attack or something like that. This is going to be the the similar
141 |140 |00:13:14 ~-~-> 00:13:19 |reaction, and this is why I said that you need to be lowering your leverage.
142 |141 |00:13:19 ~-~-> 00:13:22 |If you're trading, you're doing it on your own accord. And you're taking the
143 |142 |00:13:22 ~-~-> 00:13:26 |responsibility in your own hands. But you have to be very, very careful. And
144 |143 |00:13:26 ~-~-> 00:13:31 |if you're leveraging in these current climate, this condition, if you will, in
145 |144 |00:13:31 ~-~-> 00:13:36 |the marketplace, you're gambling, and you're playing Russian roulette with not
146 |145 |00:13:36 ~-~-> 00:13:40 |only your finances, but your peace of mind and your health. Because if you get
147 |146 |00:13:40 ~-~-> 00:13:45 |caught off side on something like this, and you're a fool and you're not using a
148 |147 |00:13:45 ~-~-> 00:13:50 |stop loss, not that it would do very much protection in this regard here. But
149 |148 |00:13:50 ~-~-> 00:13:54 |let's say you weren't using a stop loss and you were shorting. You had your
150 |149 |00:13:54 ~-~-> 00:13:59 |hinder parts handed to you today, and that type of pain is what I'm trying to
151 |150 |00:13:59 ~-~-> 00:14:04 |spare you from. And you can get upset. You can get mad and say, well, you're
152 |151 |00:14:04 ~-~-> 00:14:09 |just not doing a good job anymore, you know, whatever. I don't care. I'm going
153 |152 |00:14:09 ~-~-> 00:14:12 |to be the person who I am, which is responsible. I don't want to have
154 |153 |00:14:12 ~-~-> 00:14:17 |anyone's comment saying you caused me. Because you're never going to have that.
155 |154 |00:14:17 ~-~-> 00:14:20 |You're never going to be able to say, I caused you to lose money. That's not
156 |155 |00:14:20 ~-~-> 00:14:24 |going to happen, because everything you do in your accounts is done by you and
157 |156 |00:14:24 ~-~-> 00:14:27 |you alone. I'm never telling you when to buy. I'm never telling you when to sell
158 |157 |00:14:27 ~-~-> 00:14:32 |in the telegram channel, we talk about price action, that's it. We're reading
159 |158 |00:14:32 ~-~-> 00:14:37 |candlesticks that is not taking trades, that is not trade signals. And some of
160 |159 |00:14:37 ~-~-> 00:14:44 |you like to believe that it is Hint, hint, nudge, nudge, and it's not and
161 |160 |00:14:44 ~-~-> 00:14:48 |think about how you may have been put into a situation where you felt
162 |161 |00:14:48 ~-~-> 00:14:55 |influenced by what I said and something like this tore your face off. You're
163 |162 |00:14:55 ~-~-> 00:15:02 |gonna have a hard time trusting trading the cons. Steps me, and you'll become
164 |163 |00:15:02 ~-~-> 00:15:06 |bitter and sour, and that'll mess you up, and you may not never come back from
165 |164 |00:15:06 ~-~-> 00:15:12 |it. So doesn't it make more sense that your educator, your teacher, your
166 |165 |00:15:12 ~-~-> 00:15:17 |mentor, your coach, okay, your quarterback, if you will, is looking out
167 |166 |00:15:17 ~-~-> 00:15:21 |for your best interest, even when you don't realize the importance of doing so
168 |167 |00:15:22 ~-~-> 00:15:27 |right now, you're so new, many of you, and you don't even understand the
169 |168 |00:15:27 ~-~-> 00:15:32 |elevated risk that's associated with what we're watching right now. And I'm
170 |169 |00:15:32 ~-~-> 00:15:39 |just trying to capture your attention long enough for you to learn still, but
171 |170 |00:15:39 ~-~-> 00:15:44 |also balance your expectations, and if I can influence you to sit still and not
172 |171 |00:15:44 ~-~-> 00:15:48 |hurt yourself during these periods, then I will have accomplished my goal.
173 |172 |00:15:49 ~-~-> 00:15:54 |Because trading is not always getting in, and writing moves from one point to
174 |173 |00:15:54 ~-~-> 00:16:01 |another. A lot of it is waiting, waiting for sound setups, low risk, high
175 |174 |00:16:01 ~-~-> 00:16:04 |probability, conditions, and folks you can call whatever you want to call right
176 |175 |00:16:04 ~-~-> 00:16:08 |now. And if you happen to be part of something like that that rallied the
177 |176 |00:16:08 ~-~-> 00:16:13 |day, that's that's you just being on the right side of a happenstance. I'm not
178 |177 |00:16:13 ~-~-> 00:16:16 |going to call it luck, because there's no such thing as luck, but you just
179 |178 |00:16:16 ~-~-> 00:16:21 |found yourself coincidentally on the side that just happen to not tear your
180 |179 |00:16:21 ~-~-> 00:16:26 |face off. And I'm certain there's people out there that were not so fortunate
181 |180 |00:16:26 ~-~-> 00:16:34 |today, that I'm trying to make sure that my community isn't going to be
182 |181 |00:16:34 ~-~-> 00:16:40 |influenced by me to fall victim to something like that. And I've always
183 |182 |00:16:40 ~-~-> 00:16:45 |conducted myself like this. I'm never going to try to grandstand and do things
184 |183 |00:16:45 ~-~-> 00:16:50 |that are outside the scope of this really sound logic and personal
185 |184 |00:16:50 ~-~-> 00:16:55 |responsibility. We're never gambling. We're never trying to guess. And if the
186 |185 |00:16:56 ~-~-> 00:17:02 |risks are so inflated and high, I'm going to tell you, and I'm going to act
187 |186 |00:17:02 ~-~-> 00:17:08 |accordingly as a mentor, so hopefully that's at least calmed you down, and
188 |187 |00:17:08 ~-~-> 00:17:18 |when things get a little bit more I guess, I don't know what the right word
189 |188 |00:17:18 ~-~-> 00:17:23 |is, right Now for it, if we leave this elevated volatility stage that we're in
190 |189 |00:17:23 ~-~-> 00:17:29 |right now and come back to a little bit more normalcy. I will return back to
191 |190 |00:17:30 ~-~-> 00:17:33 |giving real time commentary, candle, candlestick by candlestick. But until
192 |191 |00:17:33 ~-~-> 00:17:37 |then, this is the way it's going to be for a little while. Okay, I'll use the
193 |192 |00:17:37 ~-~-> 00:17:41 |telegram channel to share notes and and types of study, things that you can use,
194 |193 |00:17:42 ~-~-> 00:17:45 |but real time will have to be put on the back burner until things settle down in
195 |194 |00:17:45 ~-~-> 00:17:45 |the marketplace.
196 |195 |00:17:53 ~-~-> 00:17:58 |Right? Folks, thanks for watching. Hope you found insightful, encouraging and at
197 |196 |00:17:58 ~-~-> 00:18:03 |least holding you accountable to your own actions. I'll talk to you next time.
198 |197 |00:18:03 ~-~-> 00:18:04 |Lord willing be safe. You.