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ICT YT - 2025-04-29 - 2025 Lecture Series - NQ Review 04-28-2025

Last modified by Drunk Monkey on 2025-05-01 11:20
1 00:00:28 --> 00:00:35 ICT: Folks, welcome back. So we're looking at the April 28 of 2025 Monday,
2 00:00:35 --> 00:00:42 nq, NASDAQ, mini futures review. It's going to be really brief, and before I
3 00:00:42 --> 00:00:45 get into this, if you like these kind of reviews, it doesn't take me very much
4 00:00:45 --> 00:00:51 time to do it. Just give it a thumbs up. Let me know on x and leave a comment if
5 00:00:51 --> 00:00:56 there's a person large enough interest in it. And I'll continue doing it. I'll
6 00:00:56 --> 00:01:04 add $1 and forex review, similar to this one, too. If, if it's something you
7 00:01:04 --> 00:01:08 like, if you don't like it, then you know, obviously, go watch the cat
8 00:01:08 --> 00:01:12 videos. So here we are. We're gonna take a look at the one minute chart, getting
9 00:01:12 --> 00:01:20 right into the nuts and bolts of it all. I want you to see how the market had a
10 00:01:20 --> 00:01:28 dive lower, and then it rallied up, creating a high here randomly, and came
11 00:01:28 --> 00:01:32 back down, taking out that low and moving a little bit lower than today,
12 00:01:32 --> 00:01:35 but not before coming back up into this area. So I'm going to go over the
13 00:01:35 --> 00:01:41 salient points quickly, and I'll counsel you to go back and look at your notes,
14 00:01:41 --> 00:01:45 if you've been following me for a little while, at least through 2024 till
15 00:01:45 --> 00:01:51 present, I mentioned very specific things that give setups that I talked
16 00:01:51 --> 00:01:56 about this past Saturday in an x space, where it's basically the keys to
17 00:01:56 --> 00:02:01 infinite setups that yield. Okay, so understanding where the market's going
18 00:02:01 --> 00:02:04 to draw, what time the market should draw to it, all those types of things.
19 00:02:04 --> 00:02:07 If there is an algorithm, the market would obviously do these types of
20 00:02:07 --> 00:02:10 things. But if there is no algorithm, it wouldn't do these things. It wouldn't be
21 00:02:10 --> 00:02:16 set in motion by time. So let's go into it right away. I want you to take a look
22 00:02:16 --> 00:02:21 at these two lines here. That is a volume amount. So you're probably
23 00:02:21 --> 00:02:26 thinking like, why are you looking at that? Well, the market created this
24 00:02:26 --> 00:02:30 short term high here, so that's minor buy side, ahead of the 930 opening. Then
25 00:02:30 --> 00:02:34 it opens up, trades up and trades just above this high, and then on its way
26 00:02:34 --> 00:02:40 back down. I'm going to nail that right there. That's what I'm aiming for. And I
27 00:02:40 --> 00:02:46 gave you this low in the telegram channel before the opening bell, and I
28 00:02:46 --> 00:02:54 mentioned that as just as guidance for you as a follower on X, I gave a I call
29 00:02:54 --> 00:02:58 it a mission possible, not Mission Impossible. Mission Possible. It's kind
30 00:02:58 --> 00:03:01 of like a play on words, having fun with a little bit. But I'm encouraging you
31 00:03:01 --> 00:03:08 with your demo account paper trading, to try to get 230 point or 30 handle runs
32 00:03:08 --> 00:03:13 in the am session this week and 2pm session, 20 handle runs this week. Now,
33 00:03:13 --> 00:03:20 obviously you don't have to do it in one day, but finding it and trying to build
34 00:03:20 --> 00:03:25 it around the model that you like, things I've taught, especially the the
35 00:03:25 --> 00:03:32 keys to infinite setups that yield the topic I gave this weekend, albeit
36 00:03:33 --> 00:03:37 probably wrapped around blue collar language. It's not meant for children. I
37 00:03:37 --> 00:03:40 didn't I did not tell you you could wear headphones or without headphones this
38 00:03:40 --> 00:03:45 past weekend. So that was your warning right there. But between all that, I
39 00:03:45 --> 00:03:49 gave you some really good information, so I want you to consider what I said
40 00:03:49 --> 00:03:53 there and then what we're going to show here today. So right on the heels of
41 00:03:53 --> 00:04:01 this past weekend's, I guess, clinic on when things should happen. You're going
42 00:04:01 --> 00:04:09 to see it in the chart today. So here's an execution. And I'm working with my
43 00:04:09 --> 00:04:13 niece, trying to teach her, and I'm also working with Cody, so I'm trying to show
44 00:04:13 --> 00:04:22 him some things. I'm trying to show her some things, and aiming for that volume
45 00:04:22 --> 00:04:26 of balance as it went up here, as it started to come right back down. That's
46 00:04:26 --> 00:04:29 what I'm aiming. I'm hitting it on a market order, and I'm going to target
47 00:04:30 --> 00:04:37 that low right there. And you can see the close was at 19,005 30.75 now, I
48 00:04:37 --> 00:04:40 could have very easily held it for a little bit longer, but it was built on
49 00:04:40 --> 00:04:45 the premise that I gave you on x as a homework assignment for the week. Kind
50 00:04:45 --> 00:04:49 of like a challenge. If you don't pass it, if you don't complete it
51 00:04:49 --> 00:04:55 successfully, it's okay, but trying to do it is the point. Trying to find
52 00:04:55 --> 00:05:00 something limiting it to what I'm outlining 30 handle. Or 20 handles.
53 00:05:01 --> 00:05:04 Okay, they won't always be this high. Sometimes they'll be smaller. Sometimes
54 00:05:04 --> 00:05:09 they won't be in any one particular session that I'm usually calling for nq,
55 00:05:09 --> 00:05:13 it might be a London session, it might be an Asian session, but they're just
56 00:05:13 --> 00:05:16 like little challenges for you to go out there and practice it. And I'm trying to
57 00:05:16 --> 00:05:22 encourage you to go in and engage price action with a demo. But it's 36 handles,
58 00:05:22 --> 00:05:26 essentially, or thereabouts. And bottom line is, is it's within the scope of
59 00:05:26 --> 00:05:33 what I asked you all to do, find two of these types of runs this week. And
60 00:05:33 --> 00:05:37 here's one, okay? And now let's break it down a little bit further. Why? You
61 00:05:37 --> 00:05:41 know? Why did price do what it did here today? Well, here is the new week
62 00:05:41 --> 00:05:46 opening gap for this week, April 27 2025 and I have the quadrant levels in there
63 00:05:46 --> 00:05:50 and consequent encroachment level. So that's going to be salient in a couple
64 00:05:50 --> 00:05:58 minutes. And I want you to take a look at this low to this high. I'm drawing
65 00:05:58 --> 00:06:06 the Fibonacci from that low to that high, and I'm plotting the negative 0.5
66 00:06:07 --> 00:06:12 level. I've taught this in 2024 and mentioned a little bit about in 2025 so
67 00:06:12 --> 00:06:18 far. But that's nailing the high the day. Okay, so that's your your range.
68 00:06:18 --> 00:06:23 Here is the opening range, and there's your high you're not finding anybody
69 00:06:23 --> 00:06:26 else teach at. It's not in white golf, it's not in Elliott Wave. It's not in
70 00:06:26 --> 00:06:31 supply and demand. It's not on anything, but it's good old ICT stuff. So it nails
71 00:06:31 --> 00:06:35 the high there and then starts to roll back over. Now, as it's starting to drop
72 00:06:35 --> 00:06:41 back down, I want you to go through this price run here, where in this portion of
73 00:06:41 --> 00:06:45 the price run. Why am I only saying that? Because it's this high that it
74 00:06:45 --> 00:06:50 went above. So inside this part of the range here, from this high to that high
75 00:06:50 --> 00:07:01 here, what is a PDA rate that you could use on the way down? Conversion fair
76 00:07:01 --> 00:07:08 value gap right there, old high liquidity with a premium array market
77 00:07:08 --> 00:07:13 trades down below it and comes right back up here and sends it back down into
78 00:07:13 --> 00:07:19 the new week, opening gap, and then to the sell side below here. Now I'm
79 00:07:19 --> 00:07:23 keeping these two executions here on the chart, so that we can keep reference
80 00:07:23 --> 00:07:30 where we are as I move forward in time, 950, to 1010, macro. That's when it
81 00:07:30 --> 00:07:37 delivers it starts to run here, to go to cell side here. That's algorithmic, all
82 00:07:37 --> 00:07:41 right, so here's where we are now. That's that execution, so you can see
83 00:07:41 --> 00:07:44 where the opening is, and that's the high inversion fair value gap. Market
84 00:07:44 --> 00:07:48 trades down below that low to this level here, and then back up into first
85 00:07:48 --> 00:07:52 percent of fair value gap here. Now it's a Sibi, so sell side of balance, buy
86 00:07:52 --> 00:07:57 side and efficiency. As we go below it, it picks back up the same characteristic
87 00:07:57 --> 00:08:01 it had at creation, which is a bearish fair value gap. That's why it's shaded
88 00:08:01 --> 00:08:07 pink, so it trades up into the just short of the consequent encroachment of
89 00:08:07 --> 00:08:12 the new week opening gap here. Check, check that on your end. Because, if my
90 00:08:12 --> 00:08:15 memory serves me correctly, just got really close to doing it. But they can
91 00:08:15 --> 00:08:20 go there entirely. Breaks lower, comes right, back up, hits it again. Now what
92 00:08:20 --> 00:08:24 time should the price run? Michael, why didn't just start to sell off from here
93 00:08:24 --> 00:08:30 and just keep on going take out that low? Because it wasn't time to 1050, to
94 00:08:30 --> 00:08:37 1110, macro. Here we are. Same scenario here, lower quadrant of the new week,
95 00:08:37 --> 00:08:44 opening gap breaks lower on the heels of the macro starting come back up with the
96 00:08:44 --> 00:08:49 breaker. Breaks lower. Fair value gap trades up into that as well. Consequent
97 00:08:49 --> 00:08:54 encroachment of the fair value gap sends it down into last Friday's opening range
98 00:08:54 --> 00:09:01 gap. Oh my goodness, that's just like I said in Saturday's shotgun Saturday.
99 00:09:02 --> 00:09:10 Think about it, unique. Opening gap down to a old opening range gap. These are
100 00:09:10 --> 00:09:16 like black holes. They just suck the price right on in there. It pulls it in
101 00:09:16 --> 00:09:20 there. It's not buying and selling pressure, folks, the market's going back
102 00:09:20 --> 00:09:27 to these levels to redeliver and offer fair value, fair value to who to the
103 00:09:27 --> 00:09:32 market, not the players of the market, not the traders. It's for the market to
104 00:09:32 --> 00:09:37 recalibrate, go back to levels where there was inefficiencies and gaps are
105 00:09:37 --> 00:09:38 the most inefficient there is
106 00:09:40 --> 00:09:45 when that takes place, never forget Then, simply because we used it for the
107 00:09:45 --> 00:09:49 day. No, no, no, no, no, absolutely not. Listen to the rules. I prevent presented
108 00:09:49 --> 00:09:55 with them, we're not one and done. Okay, a neophytes perspective is something
109 00:09:55 --> 00:09:59 like that. We're not doing that. We carry the PD array in the future and
110 00:09:59 --> 00:10:03 you. Use the at the data ranges to limit how far back you're going to look, 2040,
111 00:10:04 --> 00:10:08 and 60 days. Clearly, this is last Friday. Set is within the realm of being
112 00:10:08 --> 00:10:16 a valid or strong likely. Draw on liquidity and it draws down into it.
113 00:10:16 --> 00:10:22 Here look at respects, the high of it. Consequent encroachment works this level
114 00:10:22 --> 00:10:25 here. Consequent encroachment the body's respecting the low. Consequent
115 00:10:25 --> 00:10:29 encroachment trades outside of it, taking that low here and this wick we
116 00:10:29 --> 00:10:34 have, consequent encroachment on that the body is staying inside that hits it
117 00:10:34 --> 00:10:38 dead on right there and rallies back higher. Now I want you to take a look at
118 00:10:38 --> 00:10:43 this gap here, because I'm going to move forward in time and show the afternoon.
119 00:10:43 --> 00:10:47 But this gap here is shaded red because it's a bearish, fair value gap. I'm
120 00:10:47 --> 00:10:52 going to extend it forward, so just remember around 19,004 60 or
121 00:10:52 --> 00:10:55 thereabouts. Okay, but I'm going to extend it forward, and I'm going to
122 00:10:55 --> 00:10:59 change it to this color here, which denotes it's going to change its
123 00:10:59 --> 00:11:04 character from bearishness to bullish. So it's going to become a bullish
124 00:11:04 --> 00:11:07 inversion, fair value gap. That's this one right here. Okay, now you can do the
125 00:11:07 --> 00:11:11 same thing with this on your own chart here. Same thing bearish. Fair value gap
126 00:11:11 --> 00:11:15 becomes an inversion. Fair fair value gap that's bullish later on in the
127 00:11:15 --> 00:11:21 future. So you can test that with 19,003 80 and then the 19,004 60. But this one
128 00:11:21 --> 00:11:27 here, I'm going to have annotated. On the chart here. It is here. And before
129 00:11:27 --> 00:11:31 we get to that, here's that consequence of that wick after taking the low out.
130 00:11:31 --> 00:11:37 And then at 130 I teach you that the opening range for the afternoon session,
131 00:11:37 --> 00:11:43 pm session for equities begins at 130 to two o'clock. And what you're looking for
132 00:11:43 --> 00:11:48 is the obvious displacement, fair value gap, not these little, small, little,
133 00:11:48 --> 00:11:52 tiny cracks between two candles. This is the obvious one here, and it comes down
134 00:11:52 --> 00:11:57 right into it there. Fair value gap, institutional order, flow, entry, drill,
135 00:11:57 --> 00:12:06 rallies. Here's that. 380 the bears fair value gap. I told you to look around the
136 00:12:06 --> 00:12:11 19,003 80 that I did not highlight earlier. If you find that on your chart,
137 00:12:11 --> 00:12:15 extend it forward, and you'll see that it's using that here. Then it rallies up
138 00:12:15 --> 00:12:19 and it creates the inversion fair value gap that's bullish here, and the price
139 00:12:19 --> 00:12:30 takes off during the what the 315 to 345 Eastern Time? Macro, that last hour
140 00:12:30 --> 00:12:37 trading has this very sensitive 30 minute window. Stop listening these
141 00:12:37 --> 00:12:42 people. They tell you there's a 20 minute after the hour macro, a 40 minute
142 00:12:42 --> 00:12:47 after it's, forget all that Okay, forget all that stuff. Okay, they're making up
143 00:12:47 --> 00:12:52 stuff to sound like they have a gimmick or a plot to sell you your attention or
144 00:12:52 --> 00:12:56 the game your intention, let's say that way. Or even more, we're trying to sell
145 00:12:56 --> 00:13:01 you mentorship. That probably doesn't work. And then it rallies up into the
146 00:13:01 --> 00:13:04 new week, opening game again for this week blows out the high of it, and it
147 00:13:04 --> 00:13:09 comes right back down into it and trades back into consolidation after the four
148 00:13:09 --> 00:13:11 o'clock settlement.
149 00:13:21 --> 00:13:24 Again could have done a whole lot more talking, but those are the salient
150 00:13:24 --> 00:13:29 points. And keeping with what I talked about this past Saturday, and I've
151 00:13:29 --> 00:13:34 always, I've always talked about very specific pools of liquidity and key PD
152 00:13:34 --> 00:13:38 arrays that I've authored, these things are in the chart today on the heels of a
153 00:13:38 --> 00:13:42 fresh conversation we had during the period when the market wasn't even
154 00:13:42 --> 00:13:46 trading. What's the chances of all that stuff working today in your charts and
155 00:13:46 --> 00:13:51 on mine? I could have done a lot more trading than that, but I'm sticking to
156 00:13:51 --> 00:13:56 what I'm trying to lay out in front of you to kind of like inspire you. Because
157 00:13:56 --> 00:13:59 if you're beginning as a trader and you're looking for consistency, you have
158 00:13:59 --> 00:14:04 to be able to find low hanging fruit. Objectives in that morning session I
159 00:14:04 --> 00:14:09 called this morning, I told you that 19,004 71 was doable. After it ran a
160 00:14:09 --> 00:14:13 high, it went down and blew that out too, and even went lower. My challenge
161 00:14:13 --> 00:14:20 to you is to go through what was the pre market session hours? I mean, seven
162 00:14:20 --> 00:14:23 o'clock to 930 where was the sell side liquidity there? Note that on your
163 00:14:23 --> 00:14:30 chart. Then find the london session. What was the sell side liquidity there?
164 00:14:30 --> 00:14:34 Then finally, go and look at the Asian session last night, when the new week
165 00:14:34 --> 00:14:39 began, look at the lows that were formed there. Each one of them has relative
166 00:14:39 --> 00:14:43 equal lows. I was not looking to go along in the telegram channel. Was very
167 00:14:43 --> 00:14:48 brief, because I gave you a task this week. So I'm not trying to do the work
168 00:14:48 --> 00:14:52 for you. I'm pointing where you could be focusing in that direction, into that
169 00:14:52 --> 00:14:55 liquidity, so that way. Hopefully, if you've been following me long enough,
170 00:14:55 --> 00:14:59 you know how to frame a set up based on the PD race I've taught I will give you
171 00:14:59 --> 00:15:03 an. Key chart with what the liquidity pools are that I just mentioned. But
172 00:15:03 --> 00:15:07 don't look at that post. If you look at the post in the comment section before
173 00:15:07 --> 00:15:11 watching this, you ruined the entire exercise for you to find that I'll talk
174 00:15:11 --> 00:15:13 to you next time. Be safe. You.