1 | 00:00:01 --> 00:00:06 | ICT: Good luck, folks. Just a quick little review on NASDAQ today. Here's |
2 | 00:00:06 --> 00:00:11 | the fair value gap I told you we would likely drop into. I wanted to see if it |
3 | 00:00:11 --> 00:00:18 | would perform as an inversion fair value gap once I got above it. This gap right |
4 | 00:00:18 --> 00:00:22 | in here is the next draw. And same premise here. If we can get above it, |
5 | 00:00:22 --> 00:00:26 | get back in. Treat it as an inversion, fair value gap that run the high here |
6 | 00:00:27 --> 00:00:31 | and up here. Okay, so that's, that's the draw a small little gap in here. Just be |
7 | 00:00:31 --> 00:00:36 | mindful of that as well. Drop right down into a one minute chart. I'm |
8 | 00:00:46 --> 00:00:56 | all right, so we're looking at the one minute chart on NASDAQ and show you the |
9 | 00:00:56 --> 00:00:57 | business here. I'm |
10 | 00:01:02 --> 00:01:08 | all right. So we had this morning. I walked you through a live execution on |
11 | 00:01:08 --> 00:01:13 | x. So I walked you through every individual candlestick, how it should |
12 | 00:01:13 --> 00:01:20 | behave down here and draw up into the liquidity here and not need to take out |
13 | 00:01:20 --> 00:01:27 | that high. So it's a small little run here you can see that there, there. |
14 | 00:01:29 --> 00:01:36 | Okay, so I'll counsel you to look at the x account. I'll post the link to the |
15 | 00:01:36 --> 00:01:41 | video in the comment section of this video so you can see it. And then today, |
16 | 00:01:42 --> 00:01:43 | we had |
17 | 00:01:51 --> 00:02:01 | eyesight, and at the open at 930 right there, we ran away and left, relative |
18 | 00:02:01 --> 00:02:09 | equal high I'm sorry, relative equal lows, excuse me. And looking back at |
19 | 00:02:09 --> 00:02:19 | seven o'clock, we opened here. So where's the buy side here? So it rallied |
20 | 00:02:19 --> 00:02:28 | up, ran above that there's me entering at that high and inside of |
21 | 00:02:35 --> 00:02:36 | Groton for Vega i |
22 | 00:02:44 --> 00:02:51 | Yeah, anchored right way. All right, you can see that's the business there. So |
23 | 00:02:51 --> 00:02:56 | upper quadrant of that and the old high and the market dropped off aggressively |
24 | 00:02:57 --> 00:03:02 | right in here. The initial stop loss was half of this wick |
25 | 00:03:09 --> 00:03:16 | right here, okay, and there's the entry and the market breaks lower |
26 | 00:03:17 --> 00:03:21 | consequencement doesn't get Back to consequent encouragement works the lower |
27 | 00:03:21 --> 00:03:28 | half still breaks runs for the route to equal lows in here. |
28 | 00:03:36 --> 00:03:40 | And you can see that being filled there, right below it, right below that line. |
29 | 00:03:53 --> 00:04:05 | The rest of the day we've been Manning around and likely to draw to a daily |
30 | 00:04:05 --> 00:04:10 | objective over time tomorrow, we have big news as well. Just be be aware and |
31 | 00:04:10 --> 00:04:13 | be careful until I talk to you next time. Be safe. Do. |