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2 |1 |00:00:00 ~-~-> 00:00:05 |ICT: Hey folks, welcome back. I'll do a quick little review on NASDAQ. And
3 |2 |00:00:06 ~-~-> 00:00:10 |recall we had this fair value gap down here, and I told you, as long as we're
4 |3 |00:00:10 ~-~-> 00:00:13 |above that, we don't close below it, we will remain bullish. The near term draw
5 |4 |00:00:13 ~-~-> 00:00:20 |was going to be this swing high in here, and specifically March 26 2025, high.
6 |5 |00:00:21 ~-~-> 00:00:27 |And then we had the news over the weekend that China and Trump's
7 |6 |00:00:27 ~-~-> 00:00:32 |administration has worked out an agreement that's not a resolution, okay?
8 |7 |00:00:32 ~-~-> 00:00:39 |But obviously that news was received well, and they built in a premium
9 |8 |00:00:39 ~-~-> 00:00:43 |opening and something like that. You never want to chase after that and just
10 |9 |00:00:43 ~-~-> 00:00:47 |go straight in and try to be a buyer of it. Always look for some kind of a
11 |10 |00:00:47 ~-~-> 00:00:54 |discount. And because we opened below that march 26 high, that would be still
12 |11 |00:00:54 ~-~-> 00:00:59 |a candidate to expect it, to draw up into it, but not see much of the gap
13 |12 |00:00:59 ~-~-> 00:01:04 |closure between settlement on Friday and opening here on record trading hours,
14 |13 |00:01:05 ~-~-> 00:01:12 |Monday morning, 930 so this is the next level I'm monitoring. So we traded up
15 |14 |00:01:12 ~-~-> 00:01:17 |into this bearish order block, and this gap between this candlesticks low, this
16 |15 |00:01:17 ~-~-> 00:01:21 |candle sticks high. That's what I'm denoting. I have it set blue because I
17 |16 |00:01:21 ~-~-> 00:01:24 |want to see it, treat above it come back down in treated as an inversion,
18 |17 |00:01:24 ~-~-> 00:01:28 |Fairbank gap, and it does something like that. I would be expecting these highs
19 |18 |00:01:29 ~-~-> 00:01:36 |to be basically tackled if things don't unravel, okay, things can obviously spin
20 |19 |00:01:36 ~-~-> 00:01:42 |out of left field any given moment with all the things that are happening, you
21 |20 |00:01:42 ~-~-> 00:01:49 |know, geopolitical front. So that's what we're seeing this year, gap risk. Gap
22 |21 |00:01:49 ~-~-> 00:01:53 |risk is where we settled previous day, and then when we open up, are we
23 |22 |00:01:53 ~-~-> 00:01:58 |settled? And we open up? Are we settled or we open up? So we're seeing lots of
24 |23 |00:01:58 ~-~-> 00:02:09 |big gaps like this, okay? And these big gaps are many times the very mechanisms
25 |24 |00:02:09 ~-~-> 00:02:16 |is going to slow down the frequency of setups, meaning you have to be a little
26 |25 |00:02:16 ~-~-> 00:02:21 |bit more selective. And that's not a bad thing. It just means that your your rate
27 |26 |00:02:21 ~-~-> 00:02:24 |of frequency is probably going to slow down because all of this movement is
28 |27 |00:02:24 ~-~-> 00:02:29 |being done in the gap event. And then you got to be very nimble with what
29 |28 |00:02:29 ~-~-> 00:02:35 |you're looking for intraday. So with that, we have all these, you know, many
30 |29 |00:02:35 ~-~-> 00:02:40 |things I don't think on my chart facetiously, I know we're going to drop
31 |30 |00:02:40 ~-~-> 00:02:50 |down into a one minute chart, right? And we're going to go back to the opening
32 |31 |00:02:53 ~-~-> 00:03:01 |and 930 should be right here. Okay, this big drop down that's going to be first
33 |32 |00:03:01 ~-~-> 00:03:08 |presented fair value gap there, because it has to be 931 so we have this to
34 |33 |00:03:08 ~-~-> 00:03:17 |that. Okay, so that's Monday's first presented fair value gap of the week,
35 |34 |00:03:19 ~-~-> 00:03:26 |and we're going to extend it to the right, and I'm going to border it with
36 |35 |00:03:26 ~-~-> 00:03:30 |black line like that. Okay, so it denotes it as a specific fair value gap
37 |36 |00:03:30 ~-~-> 00:03:36 |that should extend through the week, and it should be used every time it gets to
38 |37 |00:03:36 ~-~-> 00:03:40 |it, until we close out on the last hour trading, or the last 30 minutes of
39 |38 |00:03:40 ~-~-> 00:03:45 |trading on Friday. All right, so that's the business there. Let me double check
40 |39 |00:03:45 ~-~-> 00:03:55 |this. Close, 865, and a quarter open. 860, 5.75 so this one went higher. So
41 |40 |00:03:55 ~-~-> 00:04:01 |this is drawn correctly. All right. So when we see, like on the day when we
42 |41 |00:04:01 ~-~-> 00:04:07 |open up a huge gap opening. And that'll be shown this way. See a big gap right
43 |42 |00:04:07 ~-~-> 00:04:14 |there. That's 6pm last night right there. And we all this business running
44 |43 |00:04:14 ~-~-> 00:04:18 |out the high we were aiming for on a daily chart in our analysis. And then at
45 |44 |00:04:18 ~-~-> 00:04:23 |London Open exactly at three o'clock in the morning, we get this huge run up
46 |45 |00:04:23 ~-~-> 00:04:29 |here, pumping it up, and then it stays in consolidation and rate at 930 to dump
47 |46 |00:04:29 ~-~-> 00:04:29 |it
48 |47 |00:04:37 ~-~-> 00:04:43 |here, and made this short term low, And then went back to first percent repair
49 |48 |00:04:43 ~-~-> 00:04:47 |value gap sells off, taking the sell side out here during a time when it's
50 |49 |00:04:47 ~-~-> 00:04:50 |primarily bullish, we're looking for higher prices still. Okay, so we're
51 |50 |00:04:51 ~-~-> 00:04:55 |going to go to a five minute chart I'm going to show you which we obviously get
52 |51 |00:04:55 ~-~-> 00:05:04 |here. There is this morning. Setup right here. So we have that low taking up the
53 |52 |00:05:04 ~-~-> 00:05:08 |sell side with this stab below it. So right away, whenever I'm looking for a
54 |53 |00:05:08 ~-~-> 00:05:13 |stop run and I have a bias that's bullish or bearish, in this case, told
55 |54 |00:05:13 ~-~-> 00:05:16 |you we've been looking for higher prices. As long as that daily yellow
56 |55 |00:05:16 ~-~-> 00:05:20 |fair value gap doesn't have a close below it. My interpretation is, is is
57 |56 |00:05:20 ~-~-> 00:05:24 |the mark is going to want to go higher? It's going to reach for discount to
58 |57 |00:05:24 ~-~-> 00:05:30 |premium runs like it drops down to a discount to a PD array that is bullish
59 |58 |00:05:30 ~-~-> 00:05:36 |to run to a higher Time Frame premium array. Okay, so that's why I gave you
60 |59 |00:05:36 ~-~-> 00:05:40 |the higher Time Frame daily. That's up. You can see that fair value. I want to
61 |60 |00:05:40 ~-~-> 00:05:43 |see it try to trade due and turn into an inversion fair value. Inversion fair
62 |61 |00:05:43 ~-~-> 00:05:46 |value gap. But right now, this is where we're at this morning, 930 opening,
63 |62 |00:05:47 ~-~-> 00:05:52 |first presented Fairbank gap is in here on the one minute chart. But this run
64 |63 |00:05:52 ~-~-> 00:06:01 |below that low here is going to be our catalyst for venom. Do we have a single
65 |64 |00:06:01 ~-~-> 00:06:08 |candle run below the south side of the COVID pool. Yes, do we have a candle
66 |65 |00:06:08 ~-~-> 00:06:13 |that leaves that low and goes back higher on one singular pass higher? So
67 |66 |00:06:13 ~-~-> 00:06:21 |we have a sell off at least one minimum number of candles at least one below and
68 |67 |00:06:21 ~-~-> 00:06:27 |then leaving it well, we have one two. And then here we have the big buy side
69 |68 |00:06:27 ~-~-> 00:06:32 |and cell sign efficiency. So we have Sibi, inject the venom, run away from
70 |69 |00:06:32 ~-~-> 00:06:37 |it. So here's the two fangs. Okay, that's the play on words. I call for my
71 |70 |00:06:37 ~-~-> 00:06:44 |Venom account, or Venom PD writing setup. The criteria is we're going to be
72 |71 |00:06:44 ~-~-> 00:06:50 |a buyer, but we have to be a buyer at the opening price here on that thing, or
73 |72 |00:06:50 ~-~-> 00:07:00 |less. Okay, and there's that. So we have to be a buyer at that price or less.
74 |73 |00:07:00 ~-~-> 00:07:03 |Look how much time it spent in distortion. That's what this is, at
75 |74 |00:07:03 ~-~-> 00:07:18 |times. Distortion, 1-234-567-8910, 1112, 1314, 1516, 1717, candlesticks over an
76 |75 |00:07:18 ~-~-> 00:07:22 |hour, just sitting in there, just banging around, not doing much of
77 |76 |00:07:22 ~-~-> 00:07:27 |anything with these small little ranges here, but the range high from here to
78 |77 |00:07:27 ~-~-> 00:07:31 |here, you can clearly see there's an equilibrium price point that it worked
79 |78 |00:07:31 ~-~-> 00:07:31 |off of,
80 |79 |00:07:37 ~-~-> 00:07:43 |yeah, just hovering around that. So that price is just consolidation, all this
81 |80 |00:07:43 ~-~-> 00:07:48 |garbage type price action which is meant to wear you out. Traders are not going
82 |81 |00:07:48 ~-~-> 00:07:51 |to see this as an obvious long. They're not going to see this as an obvious
83 |82 |00:07:51 ~-~-> 00:07:55 |short, because it stays here and it frustrates them. So what you have to do
84 |83 |00:07:55 ~-~-> 00:08:00 |is you have to submit to something and stick to it. So this candlesticks low is
85 |84 |00:08:00 ~-~-> 00:08:08 |risk. And this candlestick or less is an entry for this venom model. Okay, so I'm
86 |85 |00:08:08 ~-~-> 00:08:18 |going to show you the entry. There's that, and it was just simply me looking
87 |86 |00:08:18 ~-~-> 00:08:22 |at where we're at in this range and not worrying about it, stopped me below
88 |87 |00:08:22 ~-~-> 00:08:28 |here. And there is the the entries right there. So it's inside. This candle
89 |88 |00:08:28 ~-~-> 00:08:35 |sticks close and less right there. Here it is, right there, okay. And getting
90 |89 |00:08:35 ~-~-> 00:08:42 |out on the high candle as it pokes above this high and this cell set advanced,
91 |90 |00:08:42 ~-~-> 00:08:50 |buy sign, efficiency, aiming for that. There's my exit right there go. And
92 |91 |00:08:50 ~-~-> 00:08:53 |let's go into a one minute chart. You can see the details through that
93 |92 |00:08:53 ~-~-> 00:08:59 |perspective real quick. Okay, and you can see how it used the first presenter
94 |93 |00:08:59 ~-~-> 00:09:13 |bag out in the 315 to 345 macro, final hour trading. And here's that sell side,
95 |94 |00:09:14 ~-~-> 00:09:19 |runs below, leaves it. Now, if I was going to use the one minute chart, I
96 |95 |00:09:20 ~-~-> 00:09:26 |would had the benefit of looking for an opening of a new long position at that
97 |96 |00:09:26 ~-~-> 00:09:30 |closing price or less, which would have been offered to me here. May have, may
98 |97 |00:09:30 ~-~-> 00:09:33 |have missed it here. This is be fair. It may not have given it to me here, but I
99 |98 |00:09:33 ~-~-> 00:09:37 |had several opportunities here, here, here, here, here, here, and then starts
100 |99 |00:09:37 ~-~-> 00:09:45 |running away at the lunch hour, noon. Okay, so this is what wears traders out.
101 |100 |00:09:45 ~-~-> 00:09:49 |And whenever you see price going sideways, sideways highways, you're
102 |101 |00:09:49 ~-~-> 00:09:55 |going to have to toggle up, okay, go up a time frame or two. So my time frames
103 |102 |00:09:55 ~-~-> 00:10:02 |are obviously one minute, and then jumps to a five, then a 15. And an hourly. But
104 |103 |00:10:02 ~-~-> 00:10:07 |if there's a whole lot of candles on the 15 I might go to the 30 minute first
105 |104 |00:10:07 ~-~-> 00:10:10 |before going into hourly and see if there's any refinement between the
106 |105 |00:10:10 ~-~-> 00:10:14 |levels and PD era seen between 60 minutes and 30 minutes. But generally,
107 |106 |00:10:14 ~-~-> 00:10:20 |that's the hierarchy of where I go to before I get to a four hour then daily
108 |107 |00:10:20 ~-~-> 00:10:24 |chart. But this kind of stuff wears people out, okay, and you're just gonna
109 |108 |00:10:24 ~-~-> 00:10:28 |have to bite the bullet and say, Okay, I'm willing to assume the trade and get
110 |109 |00:10:28 ~-~-> 00:10:32 |in at the price. That makes sense. I saw the setup. The venom model is on the
111 |110 |00:10:32 ~-~-> 00:10:37 |five minute chart, so that's the reason why I framed it with the five minute
112 |111 |00:10:37 ~-~-> 00:10:42 |candlestick for the liquidity purposes, running my stop down below the
113 |112 |00:10:42 ~-~-> 00:10:48 |candlestick that hearses back above the lower target. So again, same thing drops
114 |113 |00:10:48 ~-~-> 00:10:53 |down, injects the venom into cell stops. Here, accumulates those cell stops and
115 |114 |00:10:53 ~-~-> 00:10:57 |then breaks higher. You have to have a city first and then a busy leaving it,
116 |115 |00:10:57 ~-~-> 00:11:03 |or it's not a venom. You got to enter below the second candle closing price,
117 |116 |00:11:03 ~-~-> 00:11:09 |of course, not a venom, okay? And ultimately, the price, you know, starts
118 |117 |00:11:09 ~-~-> 00:11:14 |around, as I mentioned, beautiful, beautiful delivery to the first present
119 |118 |00:11:14 ~-~-> 00:11:17 |to fair value gap of this morning. And it's Monday, so it's the first visit to
120 |119 |00:11:17 ~-~-> 00:11:21 |fair value gap of the week. So you want to make sure you know, your your first
121 |120 |00:11:21 ~-~-> 00:11:25 |one of the week, like this, that kind of stands out no matter what, and then it
122 |121 |00:11:25 ~-~-> 00:11:31 |runs up in. There's the X right there. So just a really nice little wait and
123 |122 |00:11:31 ~-~-> 00:11:40 |see. Wait until it gets down to a discount range. Wait for the sell off
124 |123 |00:11:40 ~-~-> 00:11:46 |when you're bullish, look for your entry models. And if you were not going to use
125 |124 |00:11:49 ~-~-> 00:11:54 |the venom type model in here, you could have used a inversion fair value gap
126 |125 |00:11:56 ~-~-> 00:12:04 |right here. You draw that one out with the with this. Can sticks low, sorry,
127 |126 |00:12:04 ~-~-> 00:12:09 |discount six high. Extend it out in time you want to see price start to rally up,
128 |127 |00:12:09 ~-~-> 00:12:16 |and you can see right there. And I'll draw it out right now, so you're gonna
129 |128 |00:12:16 ~-~-> 00:12:26 |have to defer your entry until a time that the Mark has proven to you that has
130 |129 |00:12:26 ~-~-> 00:12:36 |turned around, actually, this is gonna look different, So we take this border
131 |130 |00:12:39 ~-~-> 00:12:46 |way, and we'll do a background color of inversion.
132 |131 |00:12:52 ~-~-> 00:12:55 |That line picking up a little bit. All right. So here we had this
133 |132 |00:12:55 ~-~-> 00:12:59 |consolidation. Wait for it to lead the consolidation. Prove it's moving higher.
134 |133 |00:12:59 ~-~-> 00:13:04 |That's displacement here. Trading above this high, we're not a breakout trader.
135 |134 |00:13:04 ~-~-> 00:13:09 |It just tells us it's done that damage down here now we're seeing the market go
136 |135 |00:13:09 ~-~-> 00:13:14 |back above old areas of where people will trust that is resistance. Trades
137 |136 |00:13:14 ~-~-> 00:13:20 |above it comes back down lower quadrant of this which is drawn incorrectly. So
138 |137 |00:13:20 ~-~-> 00:13:36 |doesn't look like a bit zone here, right? All right. So we can see that the
139 |138 |00:13:37 ~-~-> 00:13:42 |market eventually trades above it comes back down in lower quadrant, look at the
140 |139 |00:13:42 ~-~-> 00:13:45 |body. See what this is doing. Right here, the bodies are telling you the
141 |140 |00:13:45 ~-~-> 00:13:50 |narrative. Now we traded in the upper half. Any wicks are just allowing the
142 |141 |00:13:50 ~-~-> 00:13:54 |market to take individual that trailer stop losses up they're allowed to do the
143 |142 |00:13:54 ~-~-> 00:13:58 |damage. So the bodies are telling you, okay, we're not, we're not staying down
144 |143 |00:13:58 ~-~-> 00:14:04 |there. So it leaves, comes back down in then this should be what not willing to
145 |144 |00:14:04 ~-~-> 00:14:09 |go back down to lower half. Okay, that that's the theory behind institutional
146 |145 |00:14:09 ~-~-> 00:14:14 |order flow and my PD arrays. Okay, not supply and demand. Not all the stuff out
147 |146 |00:14:14 ~-~-> 00:14:18 |there. People try to pretend that I rebranded. There's rules that never
148 |147 |00:14:18 ~-~-> 00:14:21 |existed in this stuff until I presented it. And we're seeing it not get back
149 |148 |00:14:21 ~-~-> 00:14:26 |down to consequently, consequence here, and it's staying obviously away from the
150 |149 |00:14:26 ~-~-> 00:14:30 |lower half, and the market rallies up. Now you can do several things in here.
151 |150 |00:14:30 ~-~-> 00:14:36 |You can use the volume of balance in here as an entry there and then, or this
152 |151 |00:14:36 ~-~-> 00:14:40 |was your Catal saying, Okay, we are now turning higher. So now we can attack
153 |152 |00:14:40 ~-~-> 00:14:44 |these relative vehicle highs over here into the pm session. Use the first
154 |153 |00:14:44 ~-~-> 00:14:50 |percent square pay gap as a long here rallies on up into another consolidation
155 |154 |00:14:50 ~-~-> 00:14:57 |that high is going to get tagged. Boom. There you go. So there's an approach of
156 |155 |00:14:57 ~-~-> 00:15:02 |using today's price action with one. My first presenter, favorite gap, and also
157 |156 |00:15:02 ~-~-> 00:15:06 |waiting for a structural shift where it's gone down disrupt anyone that's
158 |157 |00:15:06 ~-~-> 00:15:12 |long or entitles to be short, and then comes up and cleans their clock. My
159 |158 |00:15:12 ~-~-> 00:15:16 |entry was just simply just getting in, trusting that the information that I've
160 |159 |00:15:16 ~-~-> 00:15:21 |outlined thus far as it relates to the venom model, would stand true, and can
161 |160 |00:15:21 ~-~-> 00:15:25 |see it tested out. You go on here on youtube channel and look up Venom
162 |161 |00:15:25 ~-~-> 00:15:29 |example, and you'll see me explain what I just showed you here. It's just a
163 |162 |00:15:29 ~-~-> 00:15:34 |another form, using a deferred entry on a turtle suit long, or a turtle suit
164 |163 |00:15:34 ~-~-> 00:15:39 |short. You don't have to be in there where the actual stop Hunt is occurring.
165 |164 |00:15:39 ~-~-> 00:15:43 |Wait for the market to give it to you with the venomo. And it's just, it's
166 |165 |00:15:43 ~-~-> 00:15:49 |like taking candy from a baby. And ultimately, here, nice, nice, nice run.
167 |166 |00:15:49 ~-~-> 00:15:54 |Look at that. You gotta admit, folks. I mean, this is, this is brilliant, until
168 |167 |00:15:54 ~-~-> 00:15:57 |I taught you the first word to fair value gap. These types of runs in the pm
169 |168 |00:15:57 ~-~-> 00:16:01 |session. Completely, completely oblivious. You didn't know anything
170 |169 |00:16:01 ~-~-> 00:16:07 |about it. I am a nice guy, humble dude, listen to me. All right. So 132 it's
171 |170 |00:16:08 ~-~-> 00:16:11 |just the character. Folks don't get wrapped up in it. 130 to two o'clock,
172 |171 |00:16:12 ~-~-> 00:16:23 |three. There, that's your range you want to look through and find your first
173 |172 |00:16:23 ~-~-> 00:16:31 |presented fair value gap, and then extend that forward into here, and
174 |173 |00:16:31 ~-~-> 00:16:35 |you'll see something that will be beneficial for your journaling. I'm not
175 |174 |00:16:35 ~-~-> 00:16:38 |showing you everything otherwise, there's no point for you going to your
176 |175 |00:16:38 ~-~-> 00:16:42 |charts between 130 and two o'clock Eastern time versus favorite gap. Extend
177 |176 |00:16:42 ~-~-> 00:16:49 |it forward, and you'll have another opportunity to study for the pm session,
178 |177 |00:16:49 ~-~-> 00:16:55 |short or long. Okay? And that's going to be it for today. Lord willing. I'll wrap
179 |178 |00:16:55 ~-~-> 00:16:59 |with you on X tomorrow. No promises. In terms of trading, I'm actually having a
180 |179 |00:17:00 ~-~-> 00:17:06 |pretty bad bout of my back going off, so depend upon what the Lord allows for. I
181 |180 |00:17:06 ~-~-> 00:17:09 |will talk with you tomorrow, until then, be safe. Bye.