Skip to Content
Last modified by Drunk Monkey on 2025-05-01 11:20
Show last authors
1 (% class="hover min" %)
2 |1 |00:00:34 ~-~-> 00:00:39 |ICT: Hi folks, welcome back. Just a quick little ditty here on Thursdays,
3 |2 |00:00:39 ~-~-> 00:00:47 |NASDAQ trading take a look at the daily chart here. As I mentioned last night, I
4 |3 |00:00:47 ~-~-> 00:00:54 |wasn't sure if we were going to drop down into this gap in here, but we did
5 |4 |00:00:54 ~-~-> 00:00:59 |dip its toe in the water just below the previous day's low. I did say that we
6 |5 |00:00:59 ~-~-> 00:01:02 |would be reaching for this high here, and then eventually we'd be reaching for
7 |6 |00:01:02 ~-~-> 00:01:07 |these relative equal highs. How we were able to do that today, straight up above
8 |7 |00:01:07 ~-~-> 00:01:12 |that. And we're going to look inside this volume balance for any details as
9 |8 |00:01:12 ~-~-> 00:01:18 |well. Here's that volume and balance, and here's an hour chart. Here's some
10 |9 |00:01:18 ~-~-> 00:01:24 |relative equal highs. You can see how we were allowed into that today, pretty
11 |10 |00:01:24 ~-~-> 00:01:29 |aggressively and zoomed in, you can see that this is that 60 minute fair value
12 |11 |00:01:29 ~-~-> 00:01:38 |gap I mentioned on social media today, and trading up into it, and then above
13 |12 |00:01:38 ~-~-> 00:01:44 |it, treats it as a inversion, fair value gap right there. And then sends it to
14 |13 |00:01:44 ~-~-> 00:01:48 |minor buy side. And then the buy side, yes, you're gonna hear my puppies in the
15 |14 |00:01:48 ~-~-> 00:01:54 |background. And, no, I'm not editing it out. Turn over a new leaf baby. And then
16 |15 |00:01:54 ~-~-> 00:01:59 |we have the 15 minute time frame, the inversion, fair value gap. Here it's it
17 |16 |00:01:59 ~-~-> 00:02:05 |pre, pre market session hours. It's before 930 and then it rallies up, takes
18 |17 |00:02:05 ~-~-> 00:02:11 |out the I mentioned last night, just straight up. You know, just this
19 |18 |00:02:11 ~-~-> 00:02:17 |market's nuts. If I tried to fight it, you know, as a 20 year old like I used
20 |19 |00:02:17 ~-~-> 00:02:21 |to, I'd be completely destroyed. Okay? And you're probably going to have the
21 |20 |00:02:21 ~-~-> 00:02:25 |same outcome if you just go on your recklessly trying to force a bias or
22 |21 |00:02:25 ~-~-> 00:02:35 |force a perspective, all right? And here is the smaller one minute time frame.
23 |22 |00:02:35 ~-~-> 00:02:41 |This is the pre session, pre market session. I did a 15 second order block
24 |23 |00:02:41 ~-~-> 00:02:44 |long here, and I showed that on the telegram channel reaching for this buy
25 |24 |00:02:44 ~-~-> 00:02:53 |side here. And then we traded up into this rally above that 60 minute. Or why
26 |25 |00:02:53 ~-~-> 00:03:01 |our fair value gap I was entering in in close, sorry, close proximity to just
27 |26 |00:03:01 ~-~-> 00:03:05 |above the midpoint of it, or consequent encroachment, add a little bit of heat
28 |27 |00:03:05 ~-~-> 00:03:10 |on that. But it's okay, because the money that was collected from this trade
29 |28 |00:03:10 ~-~-> 00:03:17 |here funds the open position drawdown in here. So it's kind of like a I guarantee
30 |29 |00:03:17 ~-~-> 00:03:24 |myself, you know, 300 bucks, 400 bucks, and then let's see how far we can milk
31 |30 |00:03:24 ~-~-> 00:03:28 |this thing, going the other direction and aiming for this little gap in here.
32 |31 |00:03:29 ~-~-> 00:03:33 |There's my close right there, and I shared that on Twitter because a young
33 |32 |00:03:33 ~-~-> 00:03:37 |man asked me, Is that all there is for today? I had something I'd take care of
34 |33 |00:03:37 ~-~-> 00:03:43 |today, so I wasn't able to trade. And honestly, the opening really, here it
35 |34 |00:03:43 ~-~-> 00:03:47 |is. It to me, really wasn't worth doing anything with, because if you weren't
36 |35 |00:03:47 ~-~-> 00:03:57 |already pre long basically, if you haven't entered the market long before
37 |36 |00:03:57 ~-~-> 00:04:01 |the opening bell, you really didn't get a chance to do anything. This is 928,
38 |37 |00:04:01 ~-~-> 00:04:07 |candle, so it came down consequent encroachment, basically, of that daily
39 |38 |00:04:07 ~-~-> 00:04:15 |in daily volume imbalance, and it's kept on sending it higher. So I'm glad I
40 |39 |00:04:15 ~-~-> 00:04:20 |actually missed this morning, because I would have been a little frustrated, you
41 |40 |00:04:20 ~-~-> 00:04:23 |know, being in front of you once more and just not seeing the things I'd be
42 |41 |00:04:23 ~-~-> 00:04:27 |looking for to take a trade. So it is what it is. I was one of the reasons why
43 |42 |00:04:27 ~-~-> 00:04:32 |I spent time with you before the opening bell. And that's it. That's all I have
44 |43 |00:04:32 ~-~-> 00:04:35 |for today. And we'll see if it continues to go highr for those relatively equal
45 |44 |00:04:35 ~-~-> 00:04:36 |highs on the daily chart.