Skip to Content
Last modified by Drunk Monkey on 2025-05-01 11:20
Show last authors
1 (% class="hover min" %)
2 |1 |00:00:28 ~-~-> 00:00:35 |ICT: Folks, welcome back. So we're looking at the April 28 of 2025 Monday,
3 |2 |00:00:35 ~-~-> 00:00:42 |nq, NASDAQ, mini futures review. It's going to be really brief, and before I
4 |3 |00:00:42 ~-~-> 00:00:45 |get into this, if you like these kind of reviews, it doesn't take me very much
5 |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
6 |5 |00:00:51 ~-~-> 00:00:56 |there's a person large enough interest in it. And I'll continue doing it. I'll
7 |6 |00:00:56 ~-~-> 00:01:04 |add $1 and forex review, similar to this one, too. If, if it's something you
8 |7 |00:01:04 ~-~-> 00:01:08 |like, if you don't like it, then you know, obviously, go watch the cat
9 |8 |00:01:08 ~-~-> 00:01:12 |videos. So here we are. We're gonna take a look at the one minute chart, getting
10 |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
11 |10 |00:01:20 ~-~-> 00:01:28 |dive lower, and then it rallied up, creating a high here randomly, and came
12 |11 |00:01:28 ~-~-> 00:01:32 |back down, taking out that low and moving a little bit lower than today,
13 |12 |00:01:32 ~-~-> 00:01:35 |but not before coming back up into this area. So I'm going to go over the
14 |13 |00:01:35 ~-~-> 00:01:41 |salient points quickly, and I'll counsel you to go back and look at your notes,
15 |14 |00:01:41 ~-~-> 00:01:45 |if you've been following me for a little while, at least through 2024 till
16 |15 |00:01:45 ~-~-> 00:01:51 |present, I mentioned very specific things that give setups that I talked
17 |16 |00:01:51 ~-~-> 00:01:56 |about this past Saturday in an x space, where it's basically the keys to
18 |17 |00:01:56 ~-~-> 00:02:01 |infinite setups that yield. Okay, so understanding where the market's going
19 |18 |00:02:01 ~-~-> 00:02:04 |to draw, what time the market should draw to it, all those types of things.
20 |19 |00:02:04 ~-~-> 00:02:07 |If there is an algorithm, the market would obviously do these types of
21 |20 |00:02:07 ~-~-> 00:02:10 |things. But if there is no algorithm, it wouldn't do these things. It wouldn't be
22 |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
23 |22 |00:02:16 ~-~-> 00:02:21 |at these two lines here. That is a volume amount. So you're probably
24 |23 |00:02:21 ~-~-> 00:02:26 |thinking like, why are you looking at that? Well, the market created this
25 |24 |00:02:26 ~-~-> 00:02:30 |short term high here, so that's minor buy side, ahead of the 930 opening. Then
26 |25 |00:02:30 ~-~-> 00:02:34 |it opens up, trades up and trades just above this high, and then on its way
27 |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
28 |27 |00:02:40 ~-~-> 00:02:46 |gave you this low in the telegram channel before the opening bell, and I
29 |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
30 |29 |00:02:54 ~-~-> 00:02:58 |it a mission possible, not Mission Impossible. Mission Possible. It's kind
31 |30 |00:02:58 ~-~-> 00:03:01 |of like a play on words, having fun with a little bit. But I'm encouraging you
32 |31 |00:03:01 ~-~-> 00:03:08 |with your demo account paper trading, to try to get 230 point or 30 handle runs
33 |32 |00:03:08 ~-~-> 00:03:13 |in the am session this week and 2pm session, 20 handle runs this week. Now,
34 |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
35 |34 |00:03:20 ~-~-> 00:03:25 |it around the model that you like, things I've taught, especially the the
36 |35 |00:03:25 ~-~-> 00:03:32 |keys to infinite setups that yield the topic I gave this weekend, albeit
37 |36 |00:03:33 ~-~-> 00:03:37 |probably wrapped around blue collar language. It's not meant for children. I
38 |37 |00:03:37 ~-~-> 00:03:40 |didn't I did not tell you you could wear headphones or without headphones this
39 |38 |00:03:40 ~-~-> 00:03:45 |past weekend. So that was your warning right there. But between all that, I
40 |39 |00:03:45 ~-~-> 00:03:49 |gave you some really good information, so I want you to consider what I said
41 |40 |00:03:49 ~-~-> 00:03:53 |there and then what we're going to show here today. So right on the heels of
42 |41 |00:03:53 ~-~-> 00:04:01 |this past weekend's, I guess, clinic on when things should happen. You're going
43 |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
44 |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
45 |44 |00:04:13 ~-~-> 00:04:22 |him some things. I'm trying to show her some things, and aiming for that volume
46 |45 |00:04:22 ~-~-> 00:04:26 |of balance as it went up here, as it started to come right back down. That's
47 |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
48 |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
49 |48 |00:04:37 ~-~-> 00:04:40 |could have very easily held it for a little bit longer, but it was built on
50 |49 |00:04:40 ~-~-> 00:04:45 |the premise that I gave you on x as a homework assignment for the week. Kind
51 |50 |00:04:45 ~-~-> 00:04:49 |of like a challenge. If you don't pass it, if you don't complete it
52 |51 |00:04:49 ~-~-> 00:04:55 |successfully, it's okay, but trying to do it is the point. Trying to find
53 |52 |00:04:55 ~-~-> 00:05:00 |something limiting it to what I'm outlining 30 handle. Or 20 handles.
54 |53 |00:05:01 ~-~-> 00:05:04 |Okay, they won't always be this high. Sometimes they'll be smaller. Sometimes
55 |54 |00:05:04 ~-~-> 00:05:09 |they won't be in any one particular session that I'm usually calling for nq,
56 |55 |00:05:09 ~-~-> 00:05:13 |it might be a London session, it might be an Asian session, but they're just
57 |56 |00:05:13 ~-~-> 00:05:16 |like little challenges for you to go out there and practice it. And I'm trying to
58 |57 |00:05:16 ~-~-> 00:05:22 |encourage you to go in and engage price action with a demo. But it's 36 handles,
59 |58 |00:05:22 ~-~-> 00:05:26 |essentially, or thereabouts. And bottom line is, is it's within the scope of
60 |59 |00:05:26 ~-~-> 00:05:33 |what I asked you all to do, find two of these types of runs this week. And
61 |60 |00:05:33 ~-~-> 00:05:37 |here's one, okay? And now let's break it down a little bit further. Why? You
62 |61 |00:05:37 ~-~-> 00:05:41 |know? Why did price do what it did here today? Well, here is the new week
63 |62 |00:05:41 ~-~-> 00:05:46 |opening gap for this week, April 27 2025 and I have the quadrant levels in there
64 |63 |00:05:46 ~-~-> 00:05:50 |and consequent encroachment level. So that's going to be salient in a couple
65 |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
66 |65 |00:05:58 ~-~-> 00:06:06 |the Fibonacci from that low to that high, and I'm plotting the negative 0.5
67 |66 |00:06:07 ~-~-> 00:06:12 |level. I've taught this in 2024 and mentioned a little bit about in 2025 so
68 |67 |00:06:12 ~-~-> 00:06:18 |far. But that's nailing the high the day. Okay, so that's your your range.
69 |68 |00:06:18 ~-~-> 00:06:23 |Here is the opening range, and there's your high you're not finding anybody
70 |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
71 |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
72 |71 |00:06:31 ~-~-> 00:06:35 |the high there and then starts to roll back over. Now, as it's starting to drop
73 |72 |00:06:35 ~-~-> 00:06:41 |back down, I want you to go through this price run here, where in this portion of
74 |73 |00:06:41 ~-~-> 00:06:45 |the price run. Why am I only saying that? Because it's this high that it
75 |74 |00:06:45 ~-~-> 00:06:50 |went above. So inside this part of the range here, from this high to that high
76 |75 |00:06:50 ~-~-> 00:07:01 |here, what is a PDA rate that you could use on the way down? Conversion fair
77 |76 |00:07:01 ~-~-> 00:07:08 |value gap right there, old high liquidity with a premium array market
78 |77 |00:07:08 ~-~-> 00:07:13 |trades down below it and comes right back up here and sends it back down into
79 |78 |00:07:13 ~-~-> 00:07:19 |the new week, opening gap, and then to the sell side below here. Now I'm
80 |79 |00:07:19 ~-~-> 00:07:23 |keeping these two executions here on the chart, so that we can keep reference
81 |80 |00:07:23 ~-~-> 00:07:30 |where we are as I move forward in time, 950, to 1010, macro. That's when it
82 |81 |00:07:30 ~-~-> 00:07:37 |delivers it starts to run here, to go to cell side here. That's algorithmic, all
83 |82 |00:07:37 ~-~-> 00:07:41 |right, so here's where we are now. That's that execution, so you can see
84 |83 |00:07:41 ~-~-> 00:07:44 |where the opening is, and that's the high inversion fair value gap. Market
85 |84 |00:07:44 ~-~-> 00:07:48 |trades down below that low to this level here, and then back up into first
86 |85 |00:07:48 ~-~-> 00:07:52 |percent of fair value gap here. Now it's a Sibi, so sell side of balance, buy
87 |86 |00:07:52 ~-~-> 00:07:57 |side and efficiency. As we go below it, it picks back up the same characteristic
88 |87 |00:07:57 ~-~-> 00:08:01 |it had at creation, which is a bearish fair value gap. That's why it's shaded
89 |88 |00:08:01 ~-~-> 00:08:07 |pink, so it trades up into the just short of the consequent encroachment of
90 |89 |00:08:07 ~-~-> 00:08:12 |the new week opening gap here. Check, check that on your end. Because, if my
91 |90 |00:08:12 ~-~-> 00:08:15 |memory serves me correctly, just got really close to doing it. But they can
92 |91 |00:08:15 ~-~-> 00:08:20 |go there entirely. Breaks lower, comes right, back up, hits it again. Now what
93 |92 |00:08:20 ~-~-> 00:08:24 |time should the price run? Michael, why didn't just start to sell off from here
94 |93 |00:08:24 ~-~-> 00:08:30 |and just keep on going take out that low? Because it wasn't time to 1050, to
95 |94 |00:08:30 ~-~-> 00:08:37 |1110, macro. Here we are. Same scenario here, lower quadrant of the new week,
96 |95 |00:08:37 ~-~-> 00:08:44 |opening gap breaks lower on the heels of the macro starting come back up with the
97 |96 |00:08:44 ~-~-> 00:08:49 |breaker. Breaks lower. Fair value gap trades up into that as well. Consequent
98 |97 |00:08:49 ~-~-> 00:08:54 |encroachment of the fair value gap sends it down into last Friday's opening range
99 |98 |00:08:54 ~-~-> 00:09:01 |gap. Oh my goodness, that's just like I said in Saturday's shotgun Saturday.
100 |99 |00:09:02 ~-~-> 00:09:10 |Think about it, unique. Opening gap down to a old opening range gap. These are
101 |100 |00:09:10 ~-~-> 00:09:16 |like black holes. They just suck the price right on in there. It pulls it in
102 |101 |00:09:16 ~-~-> 00:09:20 |there. It's not buying and selling pressure, folks, the market's going back
103 |102 |00:09:20 ~-~-> 00:09:27 |to these levels to redeliver and offer fair value, fair value to who to the
104 |103 |00:09:27 ~-~-> 00:09:32 |market, not the players of the market, not the traders. It's for the market to
105 |104 |00:09:32 ~-~-> 00:09:37 |recalibrate, go back to levels where there was inefficiencies and gaps are
106 |105 |00:09:37 ~-~-> 00:09:38 |the most inefficient there is
107 |106 |00:09:40 ~-~-> 00:09:45 |when that takes place, never forget Then, simply because we used it for the
108 |107 |00:09:45 ~-~-> 00:09:49 |day. No, no, no, no, no, absolutely not. Listen to the rules. I prevent presented
109 |108 |00:09:49 ~-~-> 00:09:55 |with them, we're not one and done. Okay, a neophytes perspective is something
110 |109 |00:09:55 ~-~-> 00:09:59 |like that. We're not doing that. We carry the PD array in the future and
111 |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,
112 |111 |00:10:04 ~-~-> 00:10:08 |and 60 days. Clearly, this is last Friday. Set is within the realm of being
113 |112 |00:10:08 ~-~-> 00:10:16 |a valid or strong likely. Draw on liquidity and it draws down into it.
114 |113 |00:10:16 ~-~-> 00:10:22 |Here look at respects, the high of it. Consequent encroachment works this level
115 |114 |00:10:22 ~-~-> 00:10:25 |here. Consequent encroachment the body's respecting the low. Consequent
116 |115 |00:10:25 ~-~-> 00:10:29 |encroachment trades outside of it, taking that low here and this wick we
117 |116 |00:10:29 ~-~-> 00:10:34 |have, consequent encroachment on that the body is staying inside that hits it
118 |117 |00:10:34 ~-~-> 00:10:38 |dead on right there and rallies back higher. Now I want you to take a look at
119 |118 |00:10:38 ~-~-> 00:10:43 |this gap here, because I'm going to move forward in time and show the afternoon.
120 |119 |00:10:43 ~-~-> 00:10:47 |But this gap here is shaded red because it's a bearish, fair value gap. I'm
121 |120 |00:10:47 ~-~-> 00:10:52 |going to extend it forward, so just remember around 19,004 60 or
122 |121 |00:10:52 ~-~-> 00:10:55 |thereabouts. Okay, but I'm going to extend it forward, and I'm going to
123 |122 |00:10:55 ~-~-> 00:10:59 |change it to this color here, which denotes it's going to change its
124 |123 |00:10:59 ~-~-> 00:11:04 |character from bearishness to bullish. So it's going to become a bullish
125 |124 |00:11:04 ~-~-> 00:11:07 |inversion, fair value gap. That's this one right here. Okay, now you can do the
126 |125 |00:11:07 ~-~-> 00:11:11 |same thing with this on your own chart here. Same thing bearish. Fair value gap
127 |126 |00:11:11 ~-~-> 00:11:15 |becomes an inversion. Fair fair value gap that's bullish later on in the
128 |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
129 |128 |00:11:21 ~-~-> 00:11:27 |here, I'm going to have annotated. On the chart here. It is here. And before
130 |129 |00:11:27 ~-~-> 00:11:31 |we get to that, here's that consequence of that wick after taking the low out.
131 |130 |00:11:31 ~-~-> 00:11:37 |And then at 130 I teach you that the opening range for the afternoon session,
132 |131 |00:11:37 ~-~-> 00:11:43 |pm session for equities begins at 130 to two o'clock. And what you're looking for
133 |132 |00:11:43 ~-~-> 00:11:48 |is the obvious displacement, fair value gap, not these little, small, little,
134 |133 |00:11:48 ~-~-> 00:11:52 |tiny cracks between two candles. This is the obvious one here, and it comes down
135 |134 |00:11:52 ~-~-> 00:11:57 |right into it there. Fair value gap, institutional order, flow, entry, drill,
136 |135 |00:11:57 ~-~-> 00:12:06 |rallies. Here's that. 380 the bears fair value gap. I told you to look around the
137 |136 |00:12:06 ~-~-> 00:12:11 |19,003 80 that I did not highlight earlier. If you find that on your chart,
138 |137 |00:12:11 ~-~-> 00:12:15 |extend it forward, and you'll see that it's using that here. Then it rallies up
139 |138 |00:12:15 ~-~-> 00:12:19 |and it creates the inversion fair value gap that's bullish here, and the price
140 |139 |00:12:19 ~-~-> 00:12:30 |takes off during the what the 315 to 345 Eastern Time? Macro, that last hour
141 |140 |00:12:30 ~-~-> 00:12:37 |trading has this very sensitive 30 minute window. Stop listening these
142 |141 |00:12:37 ~-~-> 00:12:42 |people. They tell you there's a 20 minute after the hour macro, a 40 minute
143 |142 |00:12:42 ~-~-> 00:12:47 |after it's, forget all that Okay, forget all that stuff. Okay, they're making up
144 |143 |00:12:47 ~-~-> 00:12:52 |stuff to sound like they have a gimmick or a plot to sell you your attention or
145 |144 |00:12:52 ~-~-> 00:12:56 |the game your intention, let's say that way. Or even more, we're trying to sell
146 |145 |00:12:56 ~-~-> 00:13:01 |you mentorship. That probably doesn't work. And then it rallies up into the
147 |146 |00:13:01 ~-~-> 00:13:04 |new week, opening game again for this week blows out the high of it, and it
148 |147 |00:13:04 ~-~-> 00:13:09 |comes right back down into it and trades back into consolidation after the four
149 |148 |00:13:09 ~-~-> 00:13:11 |o'clock settlement.
150 |149 |00:13:21 ~-~-> 00:13:24 |Again could have done a whole lot more talking, but those are the salient
151 |150 |00:13:24 ~-~-> 00:13:29 |points. And keeping with what I talked about this past Saturday, and I've
152 |151 |00:13:29 ~-~-> 00:13:34 |always, I've always talked about very specific pools of liquidity and key PD
153 |152 |00:13:34 ~-~-> 00:13:38 |arrays that I've authored, these things are in the chart today on the heels of a
154 |153 |00:13:38 ~-~-> 00:13:42 |fresh conversation we had during the period when the market wasn't even
155 |154 |00:13:42 ~-~-> 00:13:46 |trading. What's the chances of all that stuff working today in your charts and
156 |155 |00:13:46 ~-~-> 00:13:51 |on mine? I could have done a lot more trading than that, but I'm sticking to
157 |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
158 |157 |00:13:56 ~-~-> 00:13:59 |if you're beginning as a trader and you're looking for consistency, you have
159 |158 |00:13:59 ~-~-> 00:14:04 |to be able to find low hanging fruit. Objectives in that morning session I
160 |159 |00:14:04 ~-~-> 00:14:09 |called this morning, I told you that 19,004 71 was doable. After it ran a
161 |160 |00:14:09 ~-~-> 00:14:13 |high, it went down and blew that out too, and even went lower. My challenge
162 |161 |00:14:13 ~-~-> 00:14:20 |to you is to go through what was the pre market session hours? I mean, seven
163 |162 |00:14:20 ~-~-> 00:14:23 |o'clock to 930 where was the sell side liquidity there? Note that on your
164 |163 |00:14:23 ~-~-> 00:14:30 |chart. Then find the london session. What was the sell side liquidity there?
165 |164 |00:14:30 ~-~-> 00:14:34 |Then finally, go and look at the Asian session last night, when the new week
166 |165 |00:14:34 ~-~-> 00:14:39 |began, look at the lows that were formed there. Each one of them has relative
167 |166 |00:14:39 ~-~-> 00:14:43 |equal lows. I was not looking to go along in the telegram channel. Was very
168 |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
169 |168 |00:14:48 ~-~-> 00:14:52 |for you. I'm pointing where you could be focusing in that direction, into that
170 |169 |00:14:52 ~-~-> 00:14:55 |liquidity, so that way. Hopefully, if you've been following me long enough,
171 |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
172 |171 |00:14:59 ~-~-> 00:15:03 |an. Key chart with what the liquidity pools are that I just mentioned. But
173 |172 |00:15:03 ~-~-> 00:15:07 |don't look at that post. If you look at the post in the comment section before
174 |173 |00:15:07 ~-~-> 00:15:11 |watching this, you ruined the entire exercise for you to find that I'll talk
175 |174 |00:15:11 ~-~-> 00:15:13 |to you next time. Be safe. You.