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ICT YT - 2025-05-14 - 2025 Lecture Series - NQ Review CPI No Trade 05-13-2025

Last modified by Drunk Monkey on 2025-05-17 08:39
1 00:00:26 --> 00:00:31 ICT: Black Books. Just a quick little review on NASDAQ for May 13, 2025
2 00:00:33 --> 00:00:38 practice daily chart, as I mentioned last night, we would be looking for it
3 00:00:38 --> 00:00:43 to run up into this sippy next, and then I want to see if it can come back above
4 00:00:43 --> 00:00:47 it and use it as an inversion for a gap to set the stage for a run up into these
5 00:00:47 --> 00:00:53 highs here. So I didn't get much of a retracement, you know, at the opening
6 00:00:53 --> 00:00:58 bell. So we'll take a look at that serious one minute chart. This is CPI
7 00:00:58 --> 00:01:03 number, you know, as I mentioned on Twitter, and I shared the same thing in
8 00:01:03 --> 00:01:09 the telegram channel, but I've rather seen it use CPI to drop down, take some
9 00:01:09 --> 00:01:14 sell side, and then do these size of runs here up into that blue fair value
10 00:01:14 --> 00:01:18 gap that I mentioned on doing chart last night and today. You can see where it
11 00:01:18 --> 00:01:25 triggered to sell side liquidity pool taken here. If you do a measurement on
12 00:01:25 --> 00:01:32 the open to the low of that CPI number wick, you'll see a upper quadrant of
13 00:01:32 --> 00:01:36 this wick overlaps with this as well, and we have first percentage fair value
14 00:01:36 --> 00:01:42 gap for Tuesday's trading. Opens, trades down, hits it here, runs away. Fair
15 00:01:43 --> 00:01:48 value gap here include that volume and balance. Then we have a breakaway gap,
16 00:01:50 --> 00:02:00 measuring gap, and then slightly higher it should go, the 10 o'clock Eastern
17 00:02:00 --> 00:02:04 time. Silver Bullet. That's this right here. It's also overlapping with the
18 00:02:04 --> 00:02:09 950, 1010, macro. Add that on your own charts, trade up the consequent
19 00:02:09 --> 00:02:14 encroachment of that daily fair value gap, which was the city on the daily
20 00:02:14 --> 00:02:19 chart, which was our objective. And then we used the consequent encroachment
21 00:02:19 --> 00:02:23 here, traded to the high of it, upper quadrant, and then outside of it here.
22 00:02:23 --> 00:02:30 So we're going to look at the afternoon now, looking up over here. All I did was
23 00:02:30 --> 00:02:35 make the chart a little bit taller the same upper portion of that previous
24 00:02:35 --> 00:02:41 slide, or the daily Sibi. That's the blue shaded area here on the chart. So
25 00:02:41 --> 00:02:47 we cheered outside of it, came back into a busy rallied once more. Got to the
26 00:02:47 --> 00:02:50 time of day. We like to look for the opening range, which is 30 minutes,
27 00:02:50 --> 00:02:57 9:30pm eastern time to two o'clock Eastern time. So you look for the range
28 00:02:57 --> 00:03:04 in here to give you your first percent of everybody got, which is here. And as
29 00:03:04 --> 00:03:11 you traded into the final hour, trading market rallies up, falls short. Look at
30 00:03:11 --> 00:03:16 the bodies. Failure swing up here. Failure swing here. The bodies tell the
31 00:03:16 --> 00:03:22 story here. We break lower, below the first percent of fair value gap during
32 00:03:22 --> 00:03:30 3:15pm, Eastern Time to 3:45pm eastern standard time macro, and we break lower,
33 00:03:30 --> 00:03:35 come back up in candlesticks, close candlesticks low with the volume of
34 00:03:35 --> 00:03:38 valves included. This acts as an inversion fair value gap. And I didn't
35 00:03:38 --> 00:03:41 want to draw another rectangular top vessel, because this is going to act as
36 00:03:41 --> 00:03:45 an inversion fair value gap. As fair value gap as well. We break lower come
37 00:03:45 --> 00:03:52 back up into midway. Consequent corrosion of this gap. We break
38 00:03:52 --> 00:03:56 aggressively lower. And this Biocenter bound cell sign efficiency should act as
39 00:03:56 --> 00:04:00 an inversion fair value gap as well. It does so here in delivering down into the
40 00:04:00 --> 00:04:04 cell side liquidity and the short term low over here for good measure. And
41 00:04:04 --> 00:04:07 today, I'll be looking for the likelihood of trying to make an attempt
42 00:04:07 --> 00:04:12 to get down to the lower portion of this daily fair value gap. And if it can
43 00:04:12 --> 00:04:16 break a little bit lower, we'll look for Tuesday's first percents of fair value
44 00:04:16 --> 00:04:19 gap as they draw. That's what I'm watching. I'm not trying to press it
45 00:04:19 --> 00:04:23 hard, obviously, going to daily chart. I'm bullish. But for intraday
46 00:04:23 --> 00:04:26 volatility, if we can find a way to set up a scenario that leads back down to
47 00:04:26 --> 00:04:31 Tuesday's purchase of fair value gap, because it really didn't redeliver back
48 00:04:31 --> 00:04:36 to it. It just was a immediate delivery to it, like one candle after it's
49 00:04:36 --> 00:04:41 warmed. So that's kind of like it's not enough for me. So we'll be looking for
50 00:04:41 --> 00:04:43 that at least. I, let me say it this way, I will be looking for something
51 00:04:43 --> 00:04:49 like that. And then there it is. So will we watch and see what the market does?
52 00:04:50 --> 00:04:51 Open tomorrow? So.
53 00:05:00 --> 00:05:03 That's it, folks. Hope you found it insightful, helpful, inspiring,
54 00:05:03 --> 00:05:07 encouraging, and I'll talk to you next time. Lord willing be safe. You.