ICT YT - 2025-05-07 - 2025 Lecture Series - ICT Gauntlet and NQ AM Session Review 05-07-2025
Last modified by Drunk Monkey on 2025-05-08 09:23
1 | 00:00:35 --> 00:00:43 | ICT: My books, good morning, the review On Monday and Tuesday this week. Here's |
2 | 00:00:43 --> 00:00:50 | the NASDAQ daily chart for June delivery. And I mentioned that we were |
3 | 00:00:50 --> 00:00:57 | to be following the levels in this Thursday's premium wick. So it's high |
4 | 00:00:57 --> 00:01:03 | upper quadrant, me encroachment level, lower quadrant and the open of the |
5 | 00:01:03 --> 00:01:08 | candlestick, which is the full range of five levels that make up that wick. And |
6 | 00:01:08 --> 00:01:14 | we were to carry them forward in the future. And this adds some lipstick on |
7 | 00:01:14 --> 00:01:19 | here, and zoom in a little bit. So here's those levels, and here is the |
8 | 00:01:19 --> 00:01:24 | plasma balance cell sign efficiency. We saw a price drop down into on Tuesday, |
9 | 00:01:25 --> 00:01:33 | Monday's trading, Non Non Farm Payroll Friday. And this is the draw I think |
10 | 00:01:33 --> 00:01:43 | we're looking at, until proven otherwise, and how, how will that? I um, |
11 | 00:01:43 --> 00:01:49 | negated. We would have to trade below on a closing basis, below this bullish fair |
12 | 00:01:49 --> 00:01:54 | value gap that's in yellow. So take a moment to look at the levels here. See |
13 | 00:01:54 --> 00:02:03 | the prices, and then this yellow line is that gap here, and we'll work towards |
14 | 00:02:03 --> 00:02:07 | going into lower time frames now, so here's a one minute chart, and right |
15 | 00:02:07 --> 00:02:14 | away you should already recognize what this is. This is a market maker sell |
16 | 00:02:14 --> 00:02:20 | model. So relative equal lows down in here arbitrates higher, higher, higher, |
17 | 00:02:20 --> 00:02:28 | higher, and breaks aggressively lower. Shift in market structure here trades up |
18 | 00:02:28 --> 00:02:32 | distribution second stage redistribution, which is going to be the |
19 | 00:02:32 --> 00:02:41 | most powerful leg of the move, and drops lower. Now also notice that second stage |
20 | 00:02:41 --> 00:02:49 | redistribution of the market maker, sell model, not Wyckoff, the high of |
21 | 00:02:49 --> 00:02:54 | Thursday's WIC, on the daily chart. And that's this blue line here. This is the |
22 | 00:02:54 --> 00:02:58 | upper quadrant, and this is the constant encroachment of that Thursday daily |
23 | 00:02:58 --> 00:03:04 | premium. WIC, we're going to zoom in here and show you the details on this |
24 | 00:03:04 --> 00:03:09 | price slide down in to first present the fair value gap on Monday. So here's |
25 | 00:03:10 --> 00:03:17 | second stage, redistribution and shorting, shorting, shorting. I actually |
26 | 00:03:17 --> 00:03:25 | have this on video on x, so you can look at that and watch the executions and all |
27 | 00:03:25 --> 00:03:33 | the pertinence there, and then later on, I'll show you this here as well. So |
28 | 00:03:33 --> 00:03:38 | these are recorded. You can see them on my x account and the executions and |
29 | 00:03:38 --> 00:03:44 | whatnot, tuning down into and through the first presented fair value gap and |
30 | 00:03:44 --> 00:03:48 | allowing for what the market maker, sell model relative equal low sell side |
31 | 00:03:48 --> 00:03:55 | liquidity. Race uses the Monday first presented fair value gap of the week, |
32 | 00:03:56 --> 00:04:01 | which high rates around in there again, for navigation, this is Thursday's WIC |
33 | 00:04:01 --> 00:04:08 | high Thursday's WIC upper quadrant and half of the wick that red line here, |
34 | 00:04:08 --> 00:04:14 | they will stay constant in the slides. All right. And then moving on into |
35 | 00:04:14 --> 00:04:20 | Tuesday's trading. Here, I wasn't able to spend any quality time in front of |
36 | 00:04:20 --> 00:04:26 | the charts during the morning session, as I mentioned on X that my family time |
37 | 00:04:26 --> 00:04:32 | was requested of me. So it is what it is. But I tried to squeeze something in |
38 | 00:04:33 --> 00:04:38 | right away using the logic that I gave on my x space, which unfortunately did |
39 | 00:04:38 --> 00:04:44 | not broadcast cleanly. It was it was all broken up and whatnot. I didn't go back |
40 | 00:04:44 --> 00:04:47 | and listen to it. I had a lot of feedback from many of you that said that |
41 | 00:04:47 --> 00:04:51 | they couldn't really hear it. So I will be making another presentation that's |
42 | 00:04:51 --> 00:04:56 | going to be, hopefully a lot more cleaner and direct to a point. But it |
43 | 00:04:56 --> 00:05:00 | was basically talking about how to work with the narrative. Yes, okay, |
44 | 00:05:00 --> 00:05:03 | understanding the difference between narrative and bias, and without making a |
45 | 00:05:03 --> 00:05:07 | very long video here, just know that I am going to work on that before we get |
46 | 00:05:07 --> 00:05:10 | to Friday's close, what day and what time? You know, I don't know what time |
47 | 00:05:10 --> 00:05:15 | I'm going to put it up. I'm still working up things with my life. For |
48 | 00:05:18 --> 00:05:25 | those that have faith like I do, I'll just interject this real quick, my |
49 | 00:05:25 --> 00:05:30 | wife's actually going through a bout of depression. It's been a year since her |
50 | 00:05:30 --> 00:05:37 | mother passed away, and she's having a hard time with that. So I can't promise |
51 | 00:05:37 --> 00:05:42 | that my time is going to be as punctual and on a day by day basis, so just know |
52 | 00:05:42 --> 00:05:47 | that that's that's where my time is being spent. Okay, now that I'm |
53 | 00:05:47 --> 00:05:52 | obligated to give you that insight, I'm asking for pity. I am asking for prayer |
54 | 00:05:52 --> 00:05:56 | for her to find some comfort. She understands that she's gone on the way |
55 | 00:05:56 --> 00:06:03 | to be with the Lord, but she just misses her I guess, you know. But with that, I |
56 | 00:06:03 --> 00:06:07 | had very little time to navigate and whatnot, but keeping with what I said on |
57 | 00:06:07 --> 00:06:13 | the x space that you could hear, and then I went on to kit's space to kind of |
58 | 00:06:13 --> 00:06:18 | like fill in the gaps of what it is I said, and hopefully got across in the |
59 | 00:06:18 --> 00:06:25 | presentation that was muddled in mine. There's pools of liquidity. And the one |
60 | 00:06:25 --> 00:06:30 | you always look for every single day is the range between seven o'clock in the |
61 | 00:06:30 --> 00:06:35 | morning Eastern Time, which is we see here. There's the high and then all of |
62 | 00:06:35 --> 00:06:43 | these short term highs, they're all potential raids on liquidity. Doesn't |
63 | 00:06:43 --> 00:06:47 | matter if the market's going to go higher or lower on the day, it's likely |
64 | 00:06:47 --> 00:06:53 | to draw to them. Okay, so the daily bullish fair value gap. Remember, I had |
65 | 00:06:53 --> 00:06:57 | it in yellow on the daily chart. This is what we're seeing. It drop down in here. |
66 | 00:06:58 --> 00:07:02 | I noticed because it could draw up to here. But I wasn't going to be able to |
67 | 00:07:02 --> 00:07:06 | be in front of the charts that long. I noticed that we dropped down below |
68 | 00:07:07 --> 00:07:12 | relative equal lows here, and we had another short term low here, and we did |
69 | 00:07:12 --> 00:07:18 | that rate at 930 so we opened, traded down. Took out that liquidity, took out |
70 | 00:07:18 --> 00:07:25 | that liquidity, that liquidity in that liquidity in the scope of that time. At |
71 | 00:07:25 --> 00:07:31 | 930 this candlestick here, I knew that we would likely draw up and at least |
72 | 00:07:31 --> 00:07:35 | clear these relative equal highs and then maybe take this one out, but |
73 | 00:07:35 --> 00:07:38 | ultimately trade back down here, which is a move I would not be able to |
74 | 00:07:38 --> 00:07:44 | participate in, because I'm away from the charts. So to teach, also, for the |
75 | 00:07:44 --> 00:07:50 | folks that are leaving comments on my video channel, my YouTube channels |
76 | 00:07:50 --> 00:07:57 | comment section asking, you know, well, you can't trade without these macros, or |
77 | 00:07:57 --> 00:08:01 | you're not able to trade without the new week opening up new day opening gap. So |
78 | 00:08:01 --> 00:08:06 | if you take that away, then everything falls apart. Well, I'm going to show you |
79 | 00:08:06 --> 00:08:11 | that that's not true. Okay, so the executions you're going to see here are |
80 | 00:08:11 --> 00:08:17 | not based on new week opening gap, new de opening gap, just pure liquidity and |
81 | 00:08:17 --> 00:08:22 | time of day. Okay, that's all it is. So it's not a matter of me forcing you all |
82 | 00:08:22 --> 00:08:30 | to trade you one method or one apparatus that I've presented as my concepts that |
83 | 00:08:30 --> 00:08:35 | are not generic. It's funny how these goobers have all these comments, but |
84 | 00:08:35 --> 00:08:39 | it's this precision. Okay, precision. You're going to see it. But trading |
85 | 00:08:39 --> 00:08:48 | below here, trading below here, we have the liquidity taken multiple times, and |
86 | 00:08:48 --> 00:08:51 | I'm not going to edit this video, so there's gonna be a couple things in |
87 | 00:08:51 --> 00:08:54 | here. I'm getting tired of making these videos, to be honest, just so I don't |
88 | 00:08:54 --> 00:08:58 | care about the professionalism of it. Okay? It's just gonna be whatever I say, |
89 | 00:08:58 --> 00:09:08 | and that's it. So let's take a look at this presentation of entry here, and |
90 | 00:09:08 --> 00:09:13 | running to this very easy, low hanging fruit objective, okay, I don't need it |
91 | 00:09:13 --> 00:09:16 | to go all the way back to here. I don't need to go to here. I don't need to go |
92 | 00:09:16 --> 00:09:21 | all the way back to the seven o'clock reset on the liquidity for that pre |
93 | 00:09:21 --> 00:09:25 | market session hour. So seven o'clock in the morning to 930 that 90 minute window |
94 | 00:09:25 --> 00:09:30 | we're spanning from the 930 opening bell back to seven o'clock. Where is the |
95 | 00:09:30 --> 00:09:35 | pools of liquidity? If you target those, you don't need anything else in ICT, in |
96 | 00:09:35 --> 00:09:38 | creparator, you don't need anything else. You don't need new week opening |
97 | 00:09:38 --> 00:09:42 | gaps. You don't need new de opening gaps. You don't need many any of this |
98 | 00:09:42 --> 00:09:46 | stuff, except for just knowing where price is at right now and where it's |
99 | 00:09:46 --> 00:09:51 | likely to draw to if you have an opening range gap, which in this case was a gap |
100 | 00:09:51 --> 00:09:55 | lower. So that means it's likely to do what initially, try to make an attempt |
101 | 00:09:55 --> 00:09:59 | to move up into that gap. I'm not going to show you the relative. I'm some I'm. |
102 | 00:10:00 --> 00:10:03 | Going to show you the regular trading hours to show that gap. You can do that |
103 | 00:10:03 --> 00:10:09 | on your own, but it's likely to do what at the opening bell, open here and draw |
104 | 00:10:09 --> 00:10:14 | up now. Does it need to fill the gap entirely? No. Does it need to go to the |
105 | 00:10:14 --> 00:10:20 | lower quadrant? No. Does it need to do concretion? No. But an attempt at all |
106 | 00:10:20 --> 00:10:26 | is, you know, within the realm of reasonable. So if it's going to make an |
107 | 00:10:26 --> 00:10:30 | attempt to do that, doesn't it make sense inside the scope of 930 to seven |
108 | 00:10:30 --> 00:10:32 | o'clock in the morning, |
109 | 00:10:33 --> 00:10:38 | where is the easiest low hanging fruit, first presentation of relative equal |
110 | 00:10:38 --> 00:10:45 | highs, right there. Okay, now I'm going to hover over top of both of these |
111 | 00:10:45 --> 00:10:50 | arrows so you can see the execution placement. But here's the liquidity |
112 | 00:10:50 --> 00:10:56 | after taking this larger pool of cell side there and there at the opening |
113 | 00:10:56 --> 00:11:00 | bell. So I'm watching this candle. It opens trades below these two equal lows, |
114 | 00:11:01 --> 00:11:04 | and as soon as it straights back up into this area here, I know what it's doing, |
115 | 00:11:04 --> 00:11:11 | it's going to flip over and run at the very minimum here. Now it at worst, it |
116 | 00:11:11 --> 00:11:14 | could have went just above here and it came back in and filled in, or given |
117 | 00:11:14 --> 00:11:18 | institutional order flow entry drill on any fair value gap from that low up to |
118 | 00:11:18 --> 00:11:23 | that point. But here it just ripped higher, uses it as a breaker here, |
119 | 00:11:24 --> 00:11:28 | leaves that little portion open. Breakaway gap runs up and gives me the |
120 | 00:11:28 --> 00:11:32 | run into the relative equal highs trades just above this high here, which are |
121 | 00:11:32 --> 00:11:36 | relative equal highs as well. Now, why did I pick this one and not that one? |
122 | 00:11:36 --> 00:11:40 | Because this is the first one you come to at opening bell. At 930 opening start |
123 | 00:11:40 --> 00:11:45 | looking to the left. Where's the first relative equal highs. They pop off right |
124 | 00:11:45 --> 00:11:48 | here. If you're looking at a 15 second chart, it would be here. But that's not |
125 | 00:11:48 --> 00:11:54 | enough for me to take the trade. It's not enough of a reward for the risk, |
126 | 00:11:54 --> 00:11:56 | because I could have been wrong. Could have stopped out, and you would have saw |
127 | 00:11:56 --> 00:12:01 | it. I would have showed it, but the stop goes immediately right below this by one |
128 | 00:12:01 --> 00:12:09 | tick. So buying stop here. Target here, there's a little entry caret symbol that |
129 | 00:12:09 --> 00:12:14 | shows you where my entry was on this candlestick. And now I'm going to hover |
130 | 00:12:14 --> 00:12:19 | over top of this one here, and you'll see that it shows me and exiting the |
131 | 00:12:19 --> 00:12:24 | long trade here, at that level there, it spends a little bit of time right there, |
132 | 00:12:24 --> 00:12:30 | and then folds and goes right down to that daily foolish fair value gap. It |
133 | 00:12:30 --> 00:12:36 | creates a low one more time stop anybody have to try to chase that. And then |
134 | 00:12:36 --> 00:12:41 | rallied up. Now I'm going to teach you, as I mentioned in the presentation on |
135 | 00:12:41 --> 00:12:47 | kids space, and all you gotta do is go to x okay, and there's something you're |
136 | 00:12:47 --> 00:12:51 | gonna be watching this years from now and be like, What are you talking about? |
137 | 00:12:51 --> 00:12:54 | What are you talking about? I mentioned how because I had students asking me |
138 | 00:12:54 --> 00:12:59 | direct, we had basically a couple minutes time for individuals to talk to |
139 | 00:12:59 --> 00:13:04 | me. And this is also as a reminder, this is why I don't like to do question and |
140 | 00:13:04 --> 00:13:08 | answer, because I understand a lot of you think I'm a celebrity, like you're |
141 | 00:13:08 --> 00:13:12 | like you think I'm something special. I'm not. And whenever I have an |
142 | 00:13:12 --> 00:13:17 | opportunity to speak with someone, or give that opportunity to give the |
143 | 00:13:17 --> 00:13:23 | students the time to speak with me, there's this big monolog of lavishness |
144 | 00:13:23 --> 00:13:26 | and, you know, like fluffing me up, and I understand why you're doing it, but |
145 | 00:13:26 --> 00:13:30 | it's not necessary. I mean, a simple little post to me, you know, on a |
146 | 00:13:30 --> 00:13:35 | comment in the video or post to x is sufficient enough. Like you don't, you |
147 | 00:13:35 --> 00:13:39 | don't need to go on and on and on. First of all, it's embarrassing, because I |
148 | 00:13:39 --> 00:13:42 | don't feel comfortable receiving that kind of stuff, you want to thank and |
149 | 00:13:42 --> 00:13:47 | give praise, give it to God, but it also is annoying to the other listeners, |
150 | 00:13:47 --> 00:13:51 | because they're listening to what you're asking and they want to hear what I'm |
151 | 00:13:51 --> 00:13:55 | going to respond with. So that's the meat of why we're having a conversation |
152 | 00:13:55 --> 00:13:59 | or a question to answer anyway. So that's the number one reason why I don't |
153 | 00:13:59 --> 00:14:03 | like to do those types of things, because it's a big time waster and it |
154 | 00:14:03 --> 00:14:08 | looks like hero worship. And I'm not a hero so, but I mentioned one of the |
155 | 00:14:08 --> 00:14:12 | students mentioned how they like to see certain things in a certain pattern, |
156 | 00:14:12 --> 00:14:18 | form, whatnot. Well, whenever there's a pool of liquidity that's taken, okay, |
157 | 00:14:18 --> 00:14:27 | and it forms with a breaker, as we see here. We have a low high, and then it |
158 | 00:14:27 --> 00:14:35 | runs to take this low out here into a larger pool of liquidity, this point of |
159 | 00:14:36 --> 00:14:43 | liquidity, below that low here, inside that daily bullish fair value gap. That |
160 | 00:14:43 --> 00:14:50 | is where this leg of the breaker. If you look inside this leg, you'll see a fair |
161 | 00:14:50 --> 00:14:56 | value gap. Now this fair value gap here, you want to start looking going back. |
162 | 00:14:56 --> 00:15:00 | Where's the first one you come to? It's this one right here. You got to use the |
163 | 00:15:00 --> 00:15:07 | volume imbalance. This specific fair value gap is labeled by my PD arrays as |
164 | 00:15:07 --> 00:15:11 | the gauntlet. Okay, it's a gauntlet. It means you're laying down the gauntlet. |
165 | 00:15:11 --> 00:15:15 | I'm going to go long on the belief that this low has taken out sufficient |
166 | 00:15:15 --> 00:15:19 | liquidity, and then it should go higher to reach into this level here, where |
167 | 00:15:19 --> 00:15:23 | there would be a breaker. You can use as a breaker entry. There's lots of times |
168 | 00:15:23 --> 00:15:28 | where I use this as a mechanism for turtle suit. You'll never see this |
169 | 00:15:28 --> 00:15:32 | methodology explained in Linda Raskin Larry Connor's book. And no other goober |
170 | 00:15:32 --> 00:15:35 | that's claiming to be the author of turtle suit ever done anything like |
171 | 00:15:35 --> 00:15:40 | this, either, these goobers. So what's what we're going to do is we're going to |
172 | 00:15:40 --> 00:15:43 | do is we're going to highlight that right there. Okay, so this is the |
173 | 00:15:43 --> 00:15:48 | gauntlet. Is a very specific fair value gap inside of a price run of a bullish |
174 | 00:15:48 --> 00:15:54 | breaker. So it's the very lowest, first, sell side imbalance, buy, some |
175 | 00:15:54 --> 00:16:00 | efficiency. It has to be the city. Okay, so when it's bullish and you reverse, |
176 | 00:16:00 --> 00:16:05 | that's when it's a bearish breaker. It's the price leg that runs the liquidity. |
177 | 00:16:05 --> 00:16:08 | The very first going from the low back, that's the very first city you come to. |
178 | 00:16:09 --> 00:16:13 | This is what you're looking for when it reads above it and it comes back down in |
179 | 00:16:13 --> 00:16:18 | there's your entry. This is your adding to it. Go back and look at some of the |
180 | 00:16:18 --> 00:16:22 | examples I did on like I said, a lot of you have them archived and keep them |
181 | 00:16:22 --> 00:16:27 | for, I guess you know, collection purposes. But even though executions on |
182 | 00:16:27 --> 00:16:32 | X, I've done this many times, many, many times, and it's always been coupled with |
183 | 00:16:33 --> 00:16:36 | people leaving comments, how did you know? How did you know to use that? Why |
184 | 00:16:36 --> 00:16:40 | did you use that? Fairbank? I'm teaching it right now. This is just one of those |
185 | 00:16:40 --> 00:16:44 | 81 things where there's specific fair value guys, as I mentioned, there's a |
186 | 00:16:44 --> 00:16:47 | lot of people that writing books right now, and they're saying this is Smart |
187 | 00:16:47 --> 00:16:50 | Money concepts. They're omitting my name. They're not even mentioning the |
188 | 00:16:50 --> 00:16:55 | fact that they learned it from me. Oh, and x, I'm sorry, not an expert on |
189 | 00:16:55 --> 00:16:58 | Amazon. And they're writing their little books and whatnot, trying to get their |
190 | 00:16:58 --> 00:17:01 | credit cards paid off, because they've been charging up these prop firm |
191 | 00:17:01 --> 00:17:04 | accounts and blowing them. So you don't know what fair value you got you're |
192 | 00:17:04 --> 00:17:07 | looking at, but I promise you, someone's going to rush to get this in print, and |
193 | 00:17:07 --> 00:17:10 | so I'm going to leave some of the details out. But trust me, this is the |
194 | 00:17:10 --> 00:17:15 | gauntlet. This is one very specific fair value you got that is pertinent to how |
195 | 00:17:15 --> 00:17:19 | you can engage price action and using the levels here after it leaves the |
196 | 00:17:19 --> 00:17:22 | lower half, see what it does. Trades to it. Here, the body is staying above it, |
197 | 00:17:22 --> 00:17:26 | and then gives you one more time to add to it or enter if you missed it back |
198 | 00:17:26 --> 00:17:31 | here, if you did not utilize this. For the folks that say my silver bullet |
199 | 00:17:31 --> 00:17:37 | doesn't work anymore, I want you to think about how this drop down in here |
200 | 00:17:39 --> 00:17:48 | isn't that part of the upper quadrant, or the upper half? Rather, isn't this |
201 | 00:17:48 --> 00:17:52 | right here, this whole mechanism of using a Sibi going into inversion, fair |
202 | 00:17:52 --> 00:17:59 | value gap, that's what this is. That's a silver bullet. But I'm highlighting |
203 | 00:17:59 --> 00:18:04 | these quadrant levels here. And now I want you to look at this price level |
204 | 00:18:04 --> 00:18:09 | right up here. Okay, we're going to show you who knows what, and we're also show |
205 | 00:18:09 --> 00:18:14 | you what the signature is with the algorithm, if I highlight and hover over |
206 | 00:18:14 --> 00:18:17 | top of this very candle right here is which is what I'm doing. I'm |
207 | 00:18:17 --> 00:18:23 | screenshotting it when it's me hovering over the 10, seven minutes after 10 |
208 | 00:18:23 --> 00:18:31 | candle on the one minute chart, that low comes in at 19,007 84.25, that's what's |
209 | 00:18:31 --> 00:18:37 | being highlighted here. The upper quadrant of this very specific with the |
210 | 00:18:37 --> 00:18:44 | volume imbalance. That upper quadrant comes in at 19,074.25 Boom. That's |
211 | 00:18:44 --> 00:18:49 | perfect, folks. Linda rash can't teach that. Larry Connors couldn't teach it. |
212 | 00:18:50 --> 00:18:55 | Wyckoff didn't know anything about it. Supply and demand. New Elliot. Wave, |
213 | 00:18:55 --> 00:19:02 | nope. Sorry, no. Picked forks here. Sorry, but that's perfect. That's an |
214 | 00:19:02 --> 00:19:06 | algorithmic price delivery signature, proving to you that the buying and |
215 | 00:19:06 --> 00:19:10 | selling pressure did not just agree to stop right there and agree and say |
216 | 00:19:10 --> 00:19:13 | that's the lowest. The seconds want to go and it's going to go higher from |
217 | 00:19:13 --> 00:19:16 | here. It's a it takes more faith to believe than that, than it is that the |
218 | 00:19:16 --> 00:19:20 | market's rigged and it's controlled, and it's going to a very specific level, |
219 | 00:19:20 --> 00:19:23 | stopping and turning on a dime, going higher. Why did they want to go down |
220 | 00:19:23 --> 00:19:26 | below this low? Why didn't they want to go down to the midpoint of the game? Why |
221 | 00:19:26 --> 00:19:30 | didn't it just roll over entirely? Because it's scripted. It's also |
222 | 00:19:30 --> 00:19:35 | occurring during a very specific time of day. I'm going to go in closer and zoom |
223 | 00:19:35 --> 00:19:40 | in on this, but I want to show you here is the bison about cell sign |
224 | 00:19:40 --> 00:19:44 | efficiencies. Here is your silver bullet. Forget the gauntlet. Forget |
225 | 00:19:44 --> 00:19:48 | that. Okay, for now, but there's going to be people putting them in their |
226 | 00:19:48 --> 00:19:53 | YouTube videos. Now, that's good. It's good, it's good. The buy, set amount, |
227 | 00:19:53 --> 00:19:58 | sell sign efficiency here, that's your silver bullet, and this is institutional |
228 | 00:19:58 --> 00:20:04 | or financial drill, right there? Here, and that price running higher tells you |
229 | 00:20:04 --> 00:20:09 | that we're moving higher, but this candlestick right here. What I did with |
230 | 00:20:09 --> 00:20:13 | Thursday of last week's daily premium wick, we're going to do the same thing |
231 | 00:20:13 --> 00:20:18 | right here. We're going to look at this wick here. Let me zoom in. Here's that |
232 | 00:20:18 --> 00:20:19 | wick right here. |
233 | 00:20:20 --> 00:20:25 | Okay, and we're going to take the levels of the high up quadrant, consequent |
234 | 00:20:25 --> 00:20:29 | encroachment lower quadrant and the low, which is the close of the candlestick |
235 | 00:20:29 --> 00:20:34 | right there, and we're going to project them forward. Okay, so again, this is |
236 | 00:20:34 --> 00:20:38 | going to slap the faces in the mouth of everybody saying that I rebranded this, |
237 | 00:20:38 --> 00:20:44 | that nail. I think, garbage, garbage excuses for them being envious, okay? |
238 | 00:20:44 --> 00:20:49 | And again, if it was beforehand, before I ever talked about it, why has it never |
239 | 00:20:49 --> 00:20:53 | been shown in people's examples? And why are they using my vocabulary? Why are |
240 | 00:20:53 --> 00:20:59 | they using my vocabulary? Because I'm the only one, daddy. So if you take |
241 | 00:20:59 --> 00:21:03 | those levels and project them forward. You can see those specific levels here. |
242 | 00:21:03 --> 00:21:08 | And now we're going to inside this range, from this candlesticks close to |
243 | 00:21:08 --> 00:21:11 | this candle sticks, you know, run higher. I'm going to take you down into |
244 | 00:21:11 --> 00:21:17 | a 15 second chart. Okay, inside this little range here, this is all you need |
245 | 00:21:18 --> 00:21:20 | when you know you're on side. That means the market's done enough down here |
246 | 00:21:20 --> 00:21:25 | during the macro so at 950, to 1010, that's what this is delineating here. |
247 | 00:21:25 --> 00:21:30 | Market drips, drips down into the daily bullish fair value gap. Remember that |
248 | 00:21:30 --> 00:21:34 | yellow area on the daily chart I started with? Then it rips higher. We have a |
249 | 00:21:34 --> 00:21:40 | shift in market structure here, silver bullet, institutional order, flow entry |
250 | 00:21:40 --> 00:21:47 | drill. And then we have this wick in here. We have the gauntlet. We have the |
251 | 00:21:48 --> 00:21:56 | turtle suit, Low to low. Okay, you shift in market structure. We have this wicks, |
252 | 00:21:56 --> 00:22:04 | consequent encroachment, bam. See how all these details are converging. It's a |
253 | 00:22:04 --> 00:22:08 | confluence of multiple factors suggesting it's done. It's going to go |
254 | 00:22:08 --> 00:22:16 | higher. So let's look inside this little range here on a 15 second chart. This is |
255 | 00:22:16 --> 00:22:20 | that 15 second area in here. Okay, and before I go any detail here, I want to |
256 | 00:22:20 --> 00:22:22 | show you what I was seeing on the 15 second chart. Because, as I mentioned, |
257 | 00:22:22 --> 00:22:27 | because, as I mentioned, every time I talk about executions, I'm looking at a |
258 | 00:22:27 --> 00:22:30 | 15 second chart. Folks. Okay, just because you don't see it doesn't mean |
259 | 00:22:30 --> 00:22:34 | I'm not looking at it. If you look over here, when that dropped down at 930s |
260 | 00:22:34 --> 00:22:39 | candle, I'm entering right inside that. So as it reclaimed bullish fair value |
261 | 00:22:39 --> 00:22:44 | gap, relative equal lows. It just stab below that. And then we're here. I'm |
262 | 00:22:44 --> 00:22:47 | going long while we're inside that, and the stop loss can be right below there. |
263 | 00:22:47 --> 00:22:52 | And this right here, this wick, you can break that down into quadrants, and stop |
264 | 00:22:52 --> 00:22:58 | loss has to be at least below the low and Mark comes down to about the lower |
265 | 00:22:58 --> 00:23:01 | quadrant, and then rips higher and goes to my target up here, as I mentioned, |
266 | 00:23:01 --> 00:23:04 | when we're on the one minute. The one minute chart, but over here on the 15 |
267 | 00:23:04 --> 00:23:09 | second chart, you can see that that range has fair value gap and volume |
268 | 00:23:09 --> 00:23:12 | imbalance. The market trades up the bodies are staying inside that range and |
269 | 00:23:12 --> 00:23:18 | then drops down. The bodies stay inside the lower quadrant wicks down into the |
270 | 00:23:18 --> 00:23:23 | volume imbalance, but the bodies are staying inside of that buy center, |
271 | 00:23:23 --> 00:23:28 | balance, cell, sign, efficiency, and then it rips higher for this pool of |
272 | 00:23:28 --> 00:23:31 | liquidity right there. Remember I told you, start looking at the 15 second |
273 | 00:23:31 --> 00:23:35 | chart. Find the relative equal highs and lows and what time they run to them. |
274 | 00:23:35 --> 00:23:42 | Okay, the price run begins inside the macro. Time to here. All this looks |
275 | 00:23:42 --> 00:23:46 | crazy now, doesn't it? It's a 15 second chart, and look how clean the price |
276 | 00:23:46 --> 00:23:50 | action is. It didn't look that clean so much on the one minute chart. But when |
277 | 00:23:50 --> 00:23:53 | you know the bias and you know the narrative, how it's going to employ the |
278 | 00:23:53 --> 00:23:58 | daily range at certain points and turns at time, everything becomes much more |
279 | 00:23:58 --> 00:24:07 | clear. And that's that's this area over here. And in the afternoon, I did a one |
280 | 00:24:07 --> 00:24:12 | for one risk, took some of the profit that was over here, risked it here, and |
281 | 00:24:12 --> 00:24:19 | then added to it here, for sell side there, and there you go. So with the |
282 | 00:24:19 --> 00:24:25 | positions from Monday morning, Monday afternoon, and then Tuesdays morning and |
283 | 00:24:25 --> 00:24:31 | Tuesdays afternoon. It's 103,000 notice how we ran up into the first for sensory |
284 | 00:24:31 --> 00:24:41 | bag app on Monday wild in it, and now rubbing on over here. Wednesdays |
285 | 00:24:41 --> 00:24:46 | constant encouragement, the wick, lower quadrant, low, we trade down into it. |
286 | 00:24:46 --> 00:24:51 | Look at this crazy price. Run right up to Thursday's high on that wick. Isn't |
287 | 00:24:51 --> 00:25:02 | that crazy? Show you real quick. I'm. Stop it all the way up, but keep your |
288 | 00:25:02 --> 00:25:02 | eye on over there. |
289 | 00:25:08 --> 00:25:09 | See how these executions. |
290 | 00:25:18 --> 00:25:19 | Right here, I'm |
291 | 00:25:29 --> 00:25:38 | same account, basically, and then now, this is Monday's first, since we're back |
292 | 00:25:38 --> 00:25:44 | at random in it. Here |
293 | 00:25:54 --> 00:26:02 | Thursday's premium wiki. This is the low of the wick, lower quadrant of it, |
294 | 00:26:03 --> 00:26:07 | consequent crochet of it, upper quadrant of it, and the high of it. |
295 | 00:26:12 --> 00:26:19 | They've worked a lot of the upper half. They dip down below here, be back up in |
296 | 00:26:19 --> 00:26:24 | the Mondays or the week's first potential everybody got here, and then |
297 | 00:26:24 --> 00:26:35 | we broke lower. So with FOMC later today, it's basically you want to stay |
298 | 00:26:35 --> 00:26:39 | away from it. Okay, let's say it that way. Longer term, I think we could |
299 | 00:26:39 --> 00:26:44 | potentially trade higher. I'm not trying to pick a top I'm looking for them to |
300 | 00:26:44 --> 00:26:50 | try squeeze on those individuals to have been prop on the downside. So FMC would |
301 | 00:26:50 --> 00:26:57 | be a wonderful medium to do that with, even if it was just to go up there make |
302 | 00:26:57 --> 00:27:03 | a higher high on the daily chart, and that we've done in recent days just to |
303 | 00:27:03 --> 00:27:11 | go lower. So either or it's it's likely to go up and up to what you take out |
304 | 00:27:11 --> 00:27:15 | this here. These are relative equal highs. There's a lot of buy side up |
305 | 00:27:15 --> 00:27:23 | here. So on that end cycle, and I will be with you again tomorrow, Lord |
306 | 00:27:23 --> 00:27:26 | willing, until then, be safe you. |