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2 |1 |00:00:34 ~-~-> 00:00:41 |ICT: Folks, welcome back. It's gonna be a really, really short video. I mean
3 |2 |00:00:41 ~-~-> 00:00:46 |that sincerely to length. So we're gonna be looking at a Wednesday review for
4 |3 |00:00:46 ~-~-> 00:00:47 |April, 2325
5 |4 |00:00:52 ~-~-> 00:00:59 |right here's the daily chart for NASDAQ, and we're gonna zoom in here and take a
6 |5 |00:00:59 ~-~-> 00:01:07 |look at that rate there that premium wick, constant encroachment and that
7 |6 |00:01:07 ~-~-> 00:01:14 |volume imbalance. So let's zoom in here. All right. So right away, I want you to
8 |7 |00:01:14 ~-~-> 00:01:21 |take a look at that wick right here. Why am I even referring to this one like,
9 |8 |00:01:21 ~-~-> 00:01:26 |Why would my eye jump to that? Why would your eye jump to that? Well, after the
10 |9 |00:01:26 ~-~-> 00:01:33 |market starts to dive down here, where's the swing low here, this candle, this
11 |10 |00:01:33 ~-~-> 00:01:41 |candle, and this candle, this has a long wick or tail in this case. And what I
12 |11 |00:01:41 ~-~-> 00:01:48 |like to do is, I like to measure from the open down to the low, 50% of that is
13 |12 |00:01:48 ~-~-> 00:01:55 |consequence, because I teach you that a wick, whether it's below or above, a
14 |13 |00:01:55 ~-~-> 00:02:03 |candlestick, is to be treated as a gap. Draw that out in time. You can see
15 |14 |00:02:03 ~-~-> 00:02:07 |during Wednesday's trading, we traded up here and hit that one just a little bit
16 |15 |00:02:07 ~-~-> 00:02:13 |above it and came back off of it. The other point of interest is this volume
17 |16 |00:02:13 ~-~-> 00:02:21 |imbalance here. So between this candle sticks open, this candle sticks open,
18 |17 |00:02:22 ~-~-> 00:02:26 |there's no bodies laid down. There's wicks that are overlapping, but that's
19 |18 |00:02:26 ~-~-> 00:02:31 |my volume imbalance. And then we opened here and traded up through it and up
20 |19 |00:02:31 ~-~-> 00:02:38 |into the premium wick of this candlestick here. What makes this market
21 |20 |00:02:38 ~-~-> 00:02:44 |environment presently difficult? Well, the fact that we're having a whole lot
22 |21 |00:02:44 ~-~-> 00:02:56 |of like separation between the settlement prices this right here. So
23 |22 |00:02:56 ~-~-> 00:03:00 |you have to focus where all the volume imbalances are, and that's where you
24 |23 |00:03:00 ~-~-> 00:03:08 |start. And when price was down here, you have to look up above, from this low up
25 |24 |00:03:08 ~-~-> 00:03:13 |to that high, look through all that. So you had this volume of balance. So when
26 |25 |00:03:13 ~-~-> 00:03:16 |we started the week, looking back through all this, you can see the volume
27 |26 |00:03:16 ~-~-> 00:03:23 |of balance there, fair value gap, width of volume and balance. So technically,
28 |27 |00:03:23 ~-~-> 00:03:31 |it's this open to this high but that's a PD array for another time, and then you
29 |28 |00:03:31 ~-~-> 00:03:35 |have this volume of balance there. And then Christ did, in fact, trade up into
30 |29 |00:03:35 ~-~-> 00:03:42 |this area once before, but PD arrays are meant to be used more than once. Okay,
31 |30 |00:03:42 ~-~-> 00:03:49 |so that's, unfortunately, one of the things that makes what I teach a little
32 |31 |00:03:49 ~-~-> 00:03:54 |bit more complex than the standard Support and Resistance idea, which, you
33 |32 |00:03:54 ~-~-> 00:03:58 |know, neophytes like to say that's really what it is, or so fine to me,
34 |33 |00:03:58 ~-~-> 00:04:01 |it's nowhere near any of that stuff. It's way beyond it, late, years ahead of
35 |34 |00:04:01 ~-~-> 00:04:09 |it. But there's a rhyme and reason. There's a proper context to using them.
36 |35 |00:04:09 ~-~-> 00:04:15 |And there is a time, there is a expiration on each PD array that I use,
37 |36 |00:04:15 ~-~-> 00:04:22 |and it's the IP the data ranges, okay, 20, day 40, day six day look back. You
38 |37 |00:04:22 ~-~-> 00:04:26 |can look back further than 40 days and still use those PD arrays, but it's
39 |38 |00:04:26 ~-~-> 00:04:29 |going to require you a whole lot more experience and knowing where the market
40 |39 |00:04:29 ~-~-> 00:04:34 |is likely to go. I'll just leave that theater. Okay, so let's go in with these
41 |40 |00:04:34 ~-~-> 00:04:39 |two PD arrays in mind premium consequence of this candlestick right
42 |41 |00:04:39 ~-~-> 00:04:44 |here on the daily chart for NASDAQ, June delivery contract 2025 and this volume
43 |42 |00:04:44 ~-~-> 00:04:48 |of balance right here. Okay, those are the only two reference points on the
44 |43 |00:04:48 ~-~-> 00:04:53 |daily chart that I'm going to have on the lower time frames. So if you're on
45 |44 |00:04:53 ~-~-> 00:04:58 |my telegram channel, this morning, we opened up the session with, obviously a
46 |45 |00:04:58 ~-~-> 00:05:02 |very large gap opening with. Just did not adhere from previous day's
47 |46 |00:05:02 ~-~-> 00:05:08 |settlement. So that large gap there, generally, it's usually within the scope
48 |47 |00:05:08 ~-~-> 00:05:13 |of reasonable for it to continue moving in the direction of the extreme opening
49 |48 |00:05:13 ~-~-> 00:05:19 |gap, in this case, moving higher. But in the beginning of the session, I was not
50 |49 |00:05:19 ~-~-> 00:05:23 |interested in going along with being long right away, I was insisting that
51 |50 |00:05:23 ~-~-> 00:05:28 |the market would trade down to a discount, and then this would have been
52 |51 |00:05:28 ~-~-> 00:05:33 |a ideal scenario to reach up into. And if it were to trade beyond that, then we
53 |52 |00:05:33 ~-~-> 00:05:39 |had this candlesticks high. But we do have these relative equal highs here
54 |53 |00:05:39 ~-~-> 00:05:45 |that are again I don't want to sell the idea that it's going to definitely go
55 |54 |00:05:45 ~-~-> 00:05:49 |there, but as long as we keep pushing higher, that would be a reasonable area
56 |55 |00:05:49 ~-~-> 00:05:57 |to watch this. I don't know if we'll get into that this week in order to trade
57 |56 |00:05:57 ~-~-> 00:06:01 |back down into it. Who knows? I don't know the way the market's behaving. You
58 |57 |00:06:01 ~-~-> 00:06:08 |know, tariffs are on, tariffs are off, Recipro tariffs. It's you can't keep up
59 |58 |00:06:08 ~-~-> 00:06:14 |with it. It's madness. And I believe this is what I was referring to back in
60 |59 |00:06:14 ~-~-> 00:06:19 |2016 when I did Twitter spaces and I talked about what you're actually seeing
61 |60 |00:06:19 ~-~-> 00:06:24 |happen geopolitically and in the United States with our leadership, it's almost
62 |61 |00:06:24 ~-~-> 00:06:30 |like I was giving you the headlines of the newspapers and articles years in
63 |62 |00:06:30 ~-~-> 00:06:36 |advance. Believe me, I'm taken back by as well. So let's drop down lower time
64 |63 |00:06:36 ~-~-> 00:06:40 |frames. Here's a five minute chart, and you can see how the market did, in fact,
65 |64 |00:06:40 ~-~-> 00:06:45 |trade up eventually into and above that daily premium wick consequent
66 |65 |00:06:45 ~-~-> 00:06:50 |encroachment level, and the market then gave up the ghost, went lower and traded
67 |66 |00:06:50 ~-~-> 00:06:57 |back down into that daily volume of bounces in yellow, and then went into a
68 |67 |00:06:57 ~-~-> 00:07:01 |range bound consolidation all of these wicks Here. Look at all this back and
69 |68 |00:07:01 ~-~-> 00:07:08 |forth. See all that right there. This is what I was anticipating when I said,
70 |69 |00:07:08 ~-~-> 00:07:13 |Turn your charts off. If you're a member of my telegram channel, that's free.
71 |70 |00:07:14 ~-~-> 00:07:18 |Okay, you can find the link on my YouTube channel. Go to the description
72 |71 |00:07:18 ~-~-> 00:07:24 |of my YouTube channel. Scroll down, you'll see the link to my official X and
73 |72 |00:07:24 ~-~-> 00:07:27 |you'll see the link to my website, and then you'll see the link to my official
74 |73 |00:07:27 ~-~-> 00:07:32 |telegram channel that is absolutely free. I do not sell you a service. I do
75 |74 |00:07:32 ~-~-> 00:07:35 |not deal with cryptocurrencies. They are garbage. They are trash. I would never
76 |75 |00:07:35 ~-~-> 00:07:39 |take a payment from you with crypto. I would never send you a direct message.
77 |76 |00:07:39 ~-~-> 00:07:43 |I'm never going to talk to you in a direct message on any medium, any social
78 |77 |00:07:43 ~-~-> 00:07:49 |media at all. I'm not on Tiktok, I am not on Instagram, I am not on Discord, I
79 |78 |00:07:49 ~-~-> 00:07:56 |am not on thread. So I'm not on Facebook. Okay, so whoever you are
80 |79 |00:07:56 ~-~-> 00:07:59 |seeing in those mediums, they're pretending to be me, if they're ever
81 |80 |00:07:59 ~-~-> 00:08:05 |asking for money, well, here's your sign. That's not me, but these back and
82 |81 |00:08:05 ~-~-> 00:08:12 |forth wicks here that makes it obvious that there's manual intervention. Okay,
83 |82 |00:08:12 ~-~-> 00:08:17 |when we have a very clean price run, we have inefficiencies. The inefficiencies
84 |83 |00:08:17 ~-~-> 00:08:23 |are allowed to be remaining open partially, or if not entirely, that is a
85 |84 |00:08:23 ~-~-> 00:08:29 |very clean market to trade in, and as soon as I started seeing signs of that
86 |85 |00:08:29 ~-~-> 00:08:33 |this morning, that's why they said you turn your charts off. And trust me, now
87 |86 |00:08:33 ~-~-> 00:08:36 |that doesn't mean that you can't trade it later on. It doesn't mean you can't
88 |87 |00:08:36 ~-~-> 00:08:42 |eventually see a setup. It just means that I'm not going to be sitting in
89 |88 |00:08:42 ~-~-> 00:08:47 |front of you knowing the influence I have over many of you, and I'm not going
90 |89 |00:08:47 ~-~-> 00:08:50 |to influence you to do something that could potentially hurt yourself. Okay,
91 |90 |00:08:50 ~-~-> 00:08:54 |so we're in the telegram channel where we're tape reading. We're not doing
92 |91 |00:08:54 ~-~-> 00:08:58 |trade signals. We're not trying to get you in there to make money or risk real
93 |92 |00:08:58 ~-~-> 00:09:04 |money. It's for you to borrow my 33 years of experience and then see what my
94 |93 |00:09:04 ~-~-> 00:09:08 |PD arrays can do for you in the long run, doing those same types of things in
95 |94 |00:09:08 ~-~-> 00:09:12 |your enhancement. So just know that while price was going back and forth
96 |95 |00:09:12 ~-~-> 00:09:17 |like this, this is extremely difficult to trade in, unless you have such a
97 |96 |00:09:17 ~-~-> 00:09:24 |large stop very, very small risk, and you've been positioned well in advance
98 |97 |00:09:24 ~-~-> 00:09:30 |here, here or here, and your stop is way down below there, then, yeah, obviously
99 |98 |00:09:30 ~-~-> 00:09:34 |you can endure that. Okay, but I was treating with the things that I teach,
100 |99 |00:09:34 ~-~-> 00:09:40 |which is first percent of fair value gap, or, you know, false breaks. And I
101 |100 |00:09:40 ~-~-> 00:09:44 |was not interested in being long, so I felt like it would be likely to pull
102 |101 |00:09:44 ~-~-> 00:09:52 |back down into this little area right in here, which had this low and I annotated
103 |102 |00:09:52 ~-~-> 00:09:58 |that in telegram. So that was really the first primary run I wanted to see. And
104 |103 |00:09:58 ~-~-> 00:10:05 |then I. Moving in the same direction of the opening gap being bullish, this
105 |104 |00:10:05 ~-~-> 00:10:10 |would have been another area I'd be reaching for but we're going to see what
106 |105 |00:10:10 ~-~-> 00:10:16 |happened in in reality here. So here's a one minute chart, and here's the first
107 |106 |00:10:16 ~-~-> 00:10:21 |percent of fair value gap right here. And you can see the market does, in
108 |107 |00:10:21 ~-~-> 00:10:28 |fact, rally up, comes back down, lots of ugly price action in here, and I said
109 |108 |00:10:28 ~-~-> 00:10:32 |that we would likely see a draw back down into the first percent of fair
110 |109 |00:10:32 ~-~-> 00:10:37 |value gap. It was a probable draw, meaning it's going to pull back down
111 |110 |00:10:37 ~-~-> 00:10:38 |into that.
112 |111 |00:10:39 ~-~-> 00:10:43 |That was me setting the stage for something like this move here, dropping
113 |112 |00:10:43 ~-~-> 00:10:48 |down into first percent spray bag gap, then up into a PD rate that I would have
114 |113 |00:10:48 ~-~-> 00:10:54 |given you at a subsequent later time. But you know, as it were, we have all
115 |114 |00:10:54 ~-~-> 00:11:00 |this back and forth price action. I mentioned that we pretty much can expect
116 |115 |00:11:00 ~-~-> 00:11:04 |that they have ran out all the shorts, and the market started to break lower. I
117 |116 |00:11:04 ~-~-> 00:11:08 |went short on this candlestick. I will show you the execution in a moment that
118 |117 |00:11:08 ~-~-> 00:11:12 |I mentioned, this fair value gap. It trade up into it started to sell off.
119 |118 |00:11:12 ~-~-> 00:11:17 |Got real close to first present the fair value gap, and then it does this return,
120 |119 |00:11:17 ~-~-> 00:11:26 |back up into it. And then one more time, then false rally drops down into the
121 |120 |00:11:26 ~-~-> 00:11:31 |first present fair value gap, then creates an imbalance. Here, trades to
122 |121 |00:11:31 ~-~-> 00:11:37 |the daily premium, with consequence, creates a drop into the macro. And then
123 |122 |00:11:37 ~-~-> 00:11:41 |we have one more time, a premium with consequent encroachment. That's right
124 |123 |00:11:41 ~-~-> 00:11:44 |here. You can see the body's respecting that the wicks are allowed to do the
125 |124 |00:11:44 ~-~-> 00:11:48 |damage. As you can see, they did a lot of damage in here on a five minute
126 |125 |00:11:48 ~-~-> 00:11:56 |chart. And then during the 1050, to 1110, macro, we start to see it sell
127 |126 |00:11:56 ~-~-> 00:12:04 |off, nice little, fair, shorter block with a city right there, which is
128 |127 |00:12:04 ~-~-> 00:12:08 |institutional order flow entry, drill three PD arrays all in one. But I just
129 |128 |00:12:08 ~-~-> 00:12:12 |said, play it back again. Write down your journal that is a model in and of
130 |129 |00:12:12 ~-~-> 00:12:16 |itself. If you have a bias, market breaks lower trades into this
131 |130 |00:12:16 ~-~-> 00:12:21 |inefficiency that comes in inversion for value gap, another premium, wick,
132 |131 |00:12:21 ~-~-> 00:12:28 |consequent encroachment here inside the inversion fair value gap, and tanks down
133 |132 |00:12:28 ~-~-> 00:12:31 |into pressure that free bag up, which we'll extend in a moment on the next
134 |133 |00:12:31 ~-~-> 00:12:36 |slide. This will be extended over here, entry down into the daily volume
135 |134 |00:12:37 ~-~-> 00:12:40 |imbalance, and then below the cell side that I mentioned this morning, in the
136 |135 |00:12:40 ~-~-> 00:12:46 |telegram channel and into that fair value gap. So it does that right here at
137 |136 |00:12:46 ~-~-> 00:12:51 |1130 which begins the launch macro. So I want you to take a look at this
138 |137 |00:12:51 ~-~-> 00:12:59 |candlestick right in here. And there I am shorting four at 19,001 08, and
139 |138 |00:12:59 ~-~-> 00:13:02 |there's a little symbol telling you exactly where at on that one minute
140 |139 |00:13:02 ~-~-> 00:13:06 |candle. So it opened trade up a little bit and then started its way back down
141 |140 |00:13:06 ~-~-> 00:13:11 |below this high. So that was my turtle soup. I was mentioning that it was
142 |141 |00:13:12 ~-~-> 00:13:18 |technically a turtle soup environment, meaning that it's a false breakout. Five
143 |142 |00:13:18 ~-~-> 00:13:22 |stops have been taken, and I'm looking for a drop back down into purchase, into
144 |143 |00:13:22 ~-~-> 00:13:27 |everybody I got for partial one, which would have been two contracts. That's
145 |144 |00:13:27 ~-~-> 00:13:30 |how I would have done it today. And then I would have taken one below here, and
146 |145 |00:13:30 ~-~-> 00:13:34 |then I would have left the remaining to be taken below here. That's how what's
147 |146 |00:13:34 ~-~-> 00:13:39 |going on, trade it, plan it. And now you'll see this is where I got stopped,
148 |147 |00:13:39 ~-~-> 00:13:44 |out on this candlestick. And I had literally just dropped the stop just
149 |148 |00:13:44 ~-~-> 00:13:49 |above this little high here, and you can see on that candlestick right there,
150 |149 |00:13:49 ~-~-> 00:13:55 |that's where I got stopped out and matched the price up over here. Okay, so
151 |150 |00:13:56 ~-~-> 00:14:08 |2200 or so, 2210 2220 um. At the cost that would be, in my case here, a very
152 |151 |00:14:08 ~-~-> 00:14:13 |fortunate outcome, because it could have very easily ran up aggressively and put
153 |152 |00:14:13 ~-~-> 00:14:19 |me in a losing engagement today, which I guess many of you were like, can you
154 |153 |00:14:19 ~-~-> 00:14:28 |just show that and this, in my in my view, this is like a loss, because I
155 |154 |00:14:28 ~-~-> 00:14:36 |knew, looking at it, that I'm kind of like betting against it. But yeah, in
156 |155 |00:14:36 ~-~-> 00:14:41 |this case, I was fortunate with being experienced not to drop the stop down.
157 |156 |00:14:42 ~-~-> 00:14:46 |But if I wouldn't have done that, this would have been a loss like it would
158 |157 |00:14:46 ~-~-> 00:14:51 |have been a loss altogether. The Stop Loss opened up on the position three
159 |158 |00:14:51 ~-~-> 00:14:56 |ticks above this high. Okay, so it was really, really thin in terms of the
160 |159 |00:14:56 ~-~-> 00:15:01 |amount of movement. I wanted to allow it to go against me. Okay, and if it was
161 |160 |00:15:01 ~-~-> 00:15:04 |going to drop, it was going to have to start doing like it did here. If it did
162 |161 |00:15:04 ~-~-> 00:15:07 |all this back and forth and started running out, and I would have been
163 |162 |00:15:07 ~-~-> 00:15:12 |waiting for this level here, but, you know, I was working with this morning
164 |163 |00:15:12 ~-~-> 00:15:18 |session. And it is what it is sometimes when manual intervention is underway,
165 |164 |00:15:18 ~-~-> 00:15:23 |and that's what all this stuff is in here, even I can't win against that.
166 |165 |00:15:23 ~-~-> 00:15:26 |Okay? And there's no shame in that. There's no excuses about it. It's just
167 |166 |00:15:26 ~-~-> 00:15:30 |that's the facts. My concepts work. They're strong on how to use them. I
168 |167 |00:15:30 ~-~-> 00:15:33 |have enough experience to use them properly. You've seen it for a long
169 |168 |00:15:33 ~-~-> 00:15:42 |time, but up against the hand, you know, at any time, they can do these types of
170 |169 |00:15:42 ~-~-> 00:15:47 |things, and that's why we have to have proper risk management. Don't over
171 |170 |00:15:47 ~-~-> 00:15:51 |leverage and stop losses have to be used. You cannot use a mental stop you
172 |171 |00:15:51 ~-~-> 00:15:55 |cannot pretend that you'll I'm watching it real close. You can't do that in
173 |172 |00:15:55 ~-~-> 00:15:58 |these environments right now, folks, I promise you, the people that are trading
174 |173 |00:15:58 ~-~-> 00:16:01 |without stop losses are biting their nails. They're not sleeping well at
175 |174 |00:16:01 ~-~-> 00:16:04 |night. Their digestive system is probably a wreck, and they're not
176 |175 |00:16:04 ~-~-> 00:16:10 |consistently profitable. So that's gambling. That's really gambling. So I
177 |176 |00:16:10 ~-~-> 00:16:16 |told everyone, once this occurred here, I said, Okay, turn your charts off,
178 |177 |00:16:16 ~-~-> 00:16:20 |trust me. And then it went back and forth, and Hemington Hall dropped down
179 |178 |00:16:20 ~-~-> 00:16:25 |into the first business favorite I got, then rallied up to that premium with
180 |179 |00:16:25 ~-~-> 00:16:30 |consequence, and then started to maneuver back down. This type of thing
181 |180 |00:16:30 ~-~-> 00:16:38 |is going to happen to you. You may get a trade on in a day like this, and suffer
182 |181 |00:16:38 ~-~-> 00:16:43 |a loss, and then later on, see it do where you thought it was going to go to
183 |182 |00:16:43 ~-~-> 00:16:48 |a specific level. And you get mad. You get tore up about it. You get emotional.
184 |183 |00:16:49 ~-~-> 00:16:56 |Those guys did it to us guys again. That's, unfortunately, what this game
185 |184 |00:16:56 ~-~-> 00:17:01 |sometimes entails, meaning you're going to do it wrong. No matter how good you
186 |185 |00:17:01 ~-~-> 00:17:06 |are, you're good your concepts are, how good the mentor was. I taught to you all
187 |186 |00:17:06 ~-~-> 00:17:13 |those things are well and good, but remember, it's still their casino, it's
188 |187 |00:17:13 ~-~-> 00:17:17 |still their roles. It's still their advantage all the time. And they can
189 |188 |00:17:17 ~-~-> 00:17:21 |come in here and move price because they own it. It's their commodity. They can
190 |189 |00:17:21 ~-~-> 00:17:25 |make price wherever it wants to be at. In their eyes, it can go there right
191 |190 |00:17:25 ~-~-> 00:17:31 |away. It matters, not where our stop loss or our position is net long or net
192 |191 |00:17:31 ~-~-> 00:17:37 |short. So I want you to take a quick look again. Go back and look at what we
193 |192 |00:17:37 ~-~-> 00:17:41 |have here for these PD arrays, because I'm going to be scrolling to the right
194 |193 |00:17:41 ~-~-> 00:17:46 |in the future more, and I'm going to extend some of these levels here, so
195 |194 |00:17:46 ~-~-> 00:17:52 |that way we know what we're looking at. Okay, so the first percent fair value
196 |195 |00:17:52 ~-~-> 00:17:55 |gap here acts as an inversion. Fair value gap here, beautiful. This looks
197 |196 |00:17:55 ~-~-> 00:17:59 |like it touches it as you zoom in on it, gets just real close to a tick or so
198 |197 |00:17:59 ~-~-> 00:18:02 |away, and then rolls over, which is actually good, because you want to see
199 |198 |00:18:02 ~-~-> 00:18:07 |them fail when it's weak. And if it can even touch the PD array and starts to
200 |199 |00:18:07 ~-~-> 00:18:11 |sell off, then it's wonderful. Take the first fair value gap, and that would be
201 |200 |00:18:11 ~-~-> 00:18:15 |right in here, which is an overlap of that daily volume imbalance here, and
202 |201 |00:18:15 ~-~-> 00:18:19 |then trades down into the lower quadrant of that daily volume imbalance. And then
203 |202 |00:18:19 ~-~-> 00:18:23 |we started banging around inside that and then trade it outside of it here,
204 |203 |00:18:27 ~-~-> 00:18:32 |and later on in the afternoon, you can see that's that move outside and below
205 |204 |00:18:32 ~-~-> 00:18:36 |the daily volume of balance, and it creates a sell side liquidity pool. The
206 |205 |00:18:36 ~-~-> 00:18:40 |market rallies up, creates the runs off of the quadrants on the daily volume
207 |206 |00:18:40 ~-~-> 00:18:44 |imbalance. It's that yellow shade dairy. That's the level I started with the
208 |207 |00:18:44 ~-~-> 00:18:48 |daily chart. And it rallies back up the first percent of air value gap trades
209 |208 |00:18:48 ~-~-> 00:18:52 |back down into the daily volume imbalance. Here's the afternoon session
210 |209 |00:18:52 ~-~-> 00:18:55 |first presented fair value gap. It trades up into there's a morning
211 |210 |00:18:55 ~-~-> 00:19:00 |session. First visit, very Vega, and then drops down below it. Any rain here
212 |211 |00:19:00 ~-~-> 00:19:06 |hits, it starts to work lower and one more time. But during a macro 250, to
213 |212 |00:19:06 ~-~-> 00:19:12 |310, hits, the first business fair back tongue twister. I'm not going to edit
214 |213 |00:19:12 ~-~-> 00:19:16 |any of this stuff out. It's the first presented fair value gap of the
215 |214 |00:19:16 ~-~-> 00:19:20 |afternoon opening range, which is 132 o'clock. I've taught that. And again,
216 |215 |00:19:20 ~-~-> 00:19:23 |I'm saving a lot of details about that because I know some of you are so
217 |216 |00:19:23 ~-~-> 00:19:27 |hurried up to try to put something in print before me, but you're all going to
218 |217 |00:19:27 ~-~-> 00:19:30 |be wrong when your books get out there. I promise you, you're going to be an
219 |218 |00:19:30 ~-~-> 00:19:34 |embarrassment. And I'm not trying to be mean, but I'm holding it back for my own
220 |219 |00:19:34 ~-~-> 00:19:40 |books. So there you go. The macro sends it lower and attacks the sell side here,
221 |220 |00:19:41 ~-~-> 00:19:45 |like that, and banged around here, if you extend that first resent the
222 |221 |00:19:45 ~-~-> 00:19:49 |Fairbank gap in the afternoon opening range, end up hitting it here, the body
223 |222 |00:19:49 ~-~-> 00:19:52 |stay inside it. The wicks are allowed to do the damage, and then it trades back
224 |223 |00:19:52 ~-~-> 00:19:56 |down into the lower end of that daily volume imbalance. So.
225 |224 |00:20:06 ~-~-> 00:20:09 |That's it for this one. Folks, hope you found it insightful. Just a quick note,
226 |225 |00:20:09 ~-~-> 00:20:13 |I get a lot of questions a lot of times, folks will post things to me on X or
227 |226 |00:20:13 ~-~-> 00:20:18 |they'll send it to me in the comment section on my YouTube channels. Do I
228 |227 |00:20:18 ~-~-> 00:20:24 |have a account on Facebook. No, I do not. I don't have an account on Tiktok.
229 |228 |00:20:24 ~-~-> 00:20:27 |I don't have an account on threads. I don't have an account on Instagram. I
230 |229 |00:20:27 ~-~-> 00:20:32 |don't have an account on Discord. I have one telegram channel that you are
231 |230 |00:20:32 ~-~-> 00:20:36 |welcome to be a part of. It's free. Everything I share in air real time,
232 |231 |00:20:37 ~-~-> 00:20:42 |which will be later, transitioning to where I will send PDF notes and study
233 |232 |00:20:42 ~-~-> 00:20:47 |notes and study guides on either market reviews for the week so that we can go
234 |233 |00:20:47 ~-~-> 00:20:53 |through I want to do not a not an everyday or every week type thing, but I
235 |234 |00:20:53 ~-~-> 00:20:58 |want to do a example of how, if I was going to do electronic logging or
236 |235 |00:20:58 ~-~-> 00:21:03 |journaling, What would it look like, and what things would I include in it? Okay,
237 |236 |00:21:03 ~-~-> 00:21:07 |so that way you kind of get a feel for what I think you should be as my student
238 |237 |00:21:07 ~-~-> 00:21:14 |doing every day, every day or week or month or quarter or year. All these
239 |238 |00:21:14 ~-~-> 00:21:17 |things are going to help build your understanding about who you are as a
240 |239 |00:21:17 ~-~-> 00:21:21 |trader, what you're going to focus on, specialize in, and help make a more
241 |240 |00:21:21 ~-~-> 00:21:24 |concise trading plan using what I'm teaching here, because not every concept
242 |241 |00:21:24 ~-~-> 00:21:29 |I've ever taught is applied by me in every every instance or every model. It
243 |242 |00:21:29 ~-~-> 00:21:34 |says you have to find what makes sense to you, what what's germane to your
244 |243 |00:21:35 ~-~-> 00:21:39 |understanding about yourself and price. Are you a contrarian? Are you someone
245 |244 |00:21:39 ~-~-> 00:21:44 |that takes a lot of things that change your mind, or are you very short fused,
246 |245 |00:21:44 ~-~-> 00:21:47 |and you change your mind a lot in decisive all those things are
247 |246 |00:21:47 ~-~-> 00:21:50 |characteristics, personality wise, that are going to help you build a model that
248 |247 |00:21:50 ~-~-> 00:21:56 |fits that. And all of my PD arrays can be used to formulate that. But you first
249 |248 |00:21:56 ~-~-> 00:21:59 |have to go through the process of discovering who you are and what makes
250 |249 |00:21:59 ~-~-> 00:22:02 |you tick, and how will you self destruct? Because no matter whose
251 |250 |00:22:02 ~-~-> 00:22:06 |concepts you use, who's your teacher, whatever thing you're going to trade
252 |251 |00:22:06 ~-~-> 00:22:12 |with, if you are reckless and in many ways likely to self destruct at any
253 |252 |00:22:12 ~-~-> 00:22:15 |time, you're going to do that with anybody's concepts, with anybody else's
254 |253 |00:22:15 ~-~-> 00:22:19 |mentorship or anybody else's winning system. Even if they had winning trade
255 |254 |00:22:19 ~-~-> 00:22:23 |signals, if you follow them, you'll still mess it up. Okay, so that's why I
256 |255 |00:22:23 ~-~-> 00:22:28 |teach the way I do, because it isn't enough for you to know a good system or
257 |256 |00:22:28 ~-~-> 00:22:34 |attacking the price action with secret weapons of PD arrays, or, you know, the
258 |257 |00:22:34 ~-~-> 00:22:38 |correct supporter resistance or whatever indicator settings you like. It's first
259 |258 |00:22:38 ~-~-> 00:22:43 |understanding who you are, and that's what makes me the most boring mentor,
260 |259 |00:22:44 ~-~-> 00:22:50 |but it also, in many ways, makes me the leading edge of what makes it work best.
261 |260 |00:22:50 ~-~-> 00:22:55 |And apply that to anybody else's strategies, and you'll see that they
262 |261 |00:22:55 ~-~-> 00:23:00 |work near flawlessly because you've corrected the source problem, which is
263 |262 |00:23:00 ~-~-> 00:23:03 |going to be you, the operator, and if you don't fix that first, everything
264 |263 |00:23:03 ~-~-> 00:23:08 |else is going to fall Okay, so I'll talk to you next time. Be safe. You.