| 1 | 00:00:20 --> 00:00:40 | ICT: You. Welcome back, folks. How are you all right? So this is a review for |
| 2 | 00:00:40 --> 00:00:45 | weekending. May 16, 2025, right? |
| 3 | 00:00:50 --> 00:00:54 | So we're looking at the weekly chart here. This is a continuous chart, so |
| 4 | 00:00:54 --> 00:00:58 | to make sure everybody understands what we're looking at, time wise, and |
| 5 | 00:00:58 --> 00:01:04 | what specific chart on NASDAQ, you can see, let me add some lipstick in here. |
| 6 | 00:01:05 --> 00:01:12 | If you look at the wick, here, it is a premium wick, and consequence of that |
| 7 | 00:01:12 --> 00:01:23 | wick is here. And then I graded the lower quadrant and half of that wick. |
| 8 | 00:01:23 --> 00:01:27 | You can see all of the details in here. And I think should we get |
| 9 | 00:01:27 --> 00:01:37 | through this city? One, 940, 1.75 is the bullish draw on liquidity. Now, |
| 10 | 00:01:37 --> 00:01:42 | obviously it's Sunday, early morning hours here in the east coast of United |
| 11 | 00:01:42 --> 00:01:49 | States. So the market is not open. It is not giving me the opening price. So |
| 12 | 00:01:49 --> 00:01:54 | without knowing that, I'm only looking at the likelihood of a continuation of |
| 13 | 00:01:54 --> 00:02:02 | what's already underway. The top of the city is here at 21,006 60 even, |
| 14 | 00:02:03 --> 00:02:11 | and we traded right up into that upper quadrant of that one this particular |
| 15 | 00:02:11 --> 00:02:16 | trading week. All the details on here, you can look at that and study out on |
| 16 | 00:02:16 --> 00:02:20 | your own, but I'm just focusing up here. I'm trying to avoid trying to |
| 17 | 00:02:20 --> 00:02:26 | pick a top as you should as well. So if we see things that are aligned with |
| 18 | 00:02:26 --> 00:02:30 | looking for higher prices throughout this week, looking for these |
| 19 | 00:02:30 --> 00:02:38 | individual levels here, more specifically, 21 940, 1.75 and then if |
| 20 | 00:02:38 --> 00:02:44 | we can get above the bounce point according to this premium wick, which |
| 21 | 00:02:44 --> 00:02:52 | is the black top line here, if we get about 22, 103, that level being |
| 22 | 00:02:52 --> 00:03:00 | breached would Send this into a continuation to all time highs. I All |
| 23 | 00:03:01 --> 00:03:02 | right, |
| 24 | 00:03:12 --> 00:03:15 | dropping down into the daily chart, same levels, just adding a little bit |
| 25 | 00:03:15 --> 00:03:16 | more detail in here. |
| 26 | 00:03:21 --> 00:03:26 | Inside this range, we may bang around for a few days or jump right out the |
| 27 | 00:03:26 --> 00:03:34 | gate and run into that premium wick on the weekly chart. This in here needs |
| 28 | 00:03:34 --> 00:03:38 | to stay open, in my opinion, because we've gained so much ground for them |
| 29 | 00:03:38 --> 00:03:41 | to come all the way back down into this area in here, problematic, and |
| 30 | 00:03:41 --> 00:03:50 | then it probably range around and chop in between the low of this 21,001 21 |
| 31 | 00:03:51 --> 00:03:58 | city on the weekly and this gap in here. So it's kind of like Do or die. |
| 32 | 00:03:59 --> 00:04:02 | I'd like to see it remain bullish. Otherwise it becomes very, very |
| 33 | 00:04:02 --> 00:04:07 | difficult, and we could start seeing it do these types of things, if it |
| 34 | 00:04:07 --> 00:04:08 | gets back down in here, all |
| 35 | 00:04:14 --> 00:04:18 | right, dropping down into a 15 minute time frame. The Red level here, |
| 36 | 00:04:18 --> 00:04:21 | obviously you can see that is being carried from the higher Time Frame |
| 37 | 00:04:21 --> 00:04:26 | charts, so that it's going to be in the entire slides until we get to the |
| 38 | 00:04:26 --> 00:04:30 | last few. If it's an issue for you, you don't like the color, I don't |
| 39 | 00:04:30 --> 00:04:33 | care. Don't leave a comment, because I'm going to do it the way I want to |
| 40 | 00:04:33 --> 00:04:36 | do it, and you're just going to have to accept the way I'm doing it. All |
| 41 | 00:04:37 --> 00:04:41 | right? So you can see how we work these levels here. These are all the |
| 42 | 00:04:41 --> 00:04:52 | quadrant levels in that weekly city, working around the 21,400 level or |
| 43 | 00:04:52 --> 00:04:57 | thereabouts. Now, if you look real close, you can see there is a big |
| 44 | 00:04:57 --> 00:05:05 | cell, solid liquidity pool. So. Are resting around the 21,300 level. That |
| 45 | 00:05:05 --> 00:05:10 | might be an issue if we gap down. For instance, on Sundays opening, if we |
| 46 | 00:05:10 --> 00:05:14 | gap down, I would look for them to take this low here and maybe even |
| 47 | 00:05:14 --> 00:05:21 | color it down into this low here. Okay, but we've already done enough |
| 48 | 00:05:21 --> 00:05:25 | damage down here that if they come down for these and start the refresh, |
| 49 | 00:05:25 --> 00:05:30 | go back higher that that's fine by me, but the go below this low, and then |
| 50 | 00:05:30 --> 00:05:35 | we've already unsettled the sales thoughts over here, with that run made |
| 51 | 00:05:35 --> 00:05:40 | a higher high. So this is the only reasonable sell side liquidity pool. |
| 52 | 00:05:40 --> 00:05:45 | Read that, I think is useful. But if we go below this one, then we're |
| 53 | 00:05:45 --> 00:05:50 | probably problematic, and we could start seeing accelerations down into |
| 54 | 00:05:50 --> 00:05:56 | this if this gives up the ghost. Okay, so these are just scenarios I'm |
| 55 | 00:05:56 --> 00:06:00 | weighing out before the new week opens. Nobody knows where the new week |
| 56 | 00:06:00 --> 00:06:03 | opening price is going to be, we don't know how it's going to gap higher, or |
| 57 | 00:06:03 --> 00:06:07 | if it's going to gap lower, or if it's going to open unchanged from Friday |
| 58 | 00:06:07 --> 00:06:14 | settlement price. So speculating on the initial bias. Is it 100% you know |
| 59 | 00:06:17 --> 00:06:22 | the procedure that I would encourage you to do, because anything can |
| 60 | 00:06:22 --> 00:06:26 | happen. Something can happen somewhere in the world, bombs are dropping, |
| 61 | 00:06:26 --> 00:06:32 | anything geopolitical, and cause a crazy opening gap that would be |
| 62 | 00:06:32 --> 00:06:36 | completely out of left field. Nobody expecting it. So you have to submit |
| 63 | 00:06:36 --> 00:06:39 | yourself to six o'clock Eastern time, see where the open price. And then you |
| 64 | 00:06:39 --> 00:06:42 | can start weighing out all your scenarios. But I just gave you both |
| 65 | 00:06:42 --> 00:06:47 | scenarios. Both scenarios that would give me guess the narrative I would |
| 66 | 00:06:47 --> 00:06:55 | operate under. If we gap in a lower gap opening, we're looking for that |
| 67 | 00:06:55 --> 00:06:59 | low and that low for the South Side resting below that to remain bullish, |
| 68 | 00:06:59 --> 00:07:04 | I don't want to see it below that low. So hopefully it kind of makes it clear |
| 69 | 00:07:04 --> 00:07:07 | it's not that here's Plan A, here's Plan B, and whatever happens, I'm |
| 70 | 00:07:07 --> 00:07:11 | going to come back and share things I see. How right I am. This is a matter |
| 71 | 00:07:11 --> 00:07:16 | of weighing out what happened at Sunday's opening price, and you have |
| 72 | 00:07:16 --> 00:07:21 | to have a trading plan of how you're going to engage based on how the |
| 73 | 00:07:21 --> 00:07:26 | opening is on Sunday, at six o'clock, and what is pertinent in the market |
| 74 | 00:07:26 --> 00:07:33 | right now, what's what's available for liquidity? They left the high up here |
| 75 | 00:07:33 --> 00:07:41 | on Thursday. So if you look at that, there's a big pool of liquidity left |
| 76 | 00:07:41 --> 00:07:47 | up here, and they could have baited with this late, late, late sell off |
| 77 | 00:07:47 --> 00:07:52 | before the settlement at five o'clock Friday. So we'll see all |
| 78 | 00:07:57 --> 00:08:02 | right, drop down to a one minute chart, looking at this chart like |
| 79 | 00:08:02 --> 00:08:09 | this, while we're inside of that larger weekly city, I want you to take |
| 80 | 00:08:09 --> 00:08:13 | consideration about how I teach first presented fair value gap for the am |
| 81 | 00:08:13 --> 00:08:17 | session. So during the opening range of 930 to 10 o'clock in the morning, |
| 82 | 00:08:18 --> 00:08:23 | as I was teaching the concept, because it's around the model that I'm taught |
| 83 | 00:08:23 --> 00:08:30 | my son, Caleb, I gave him very specific rules so he would have to use |
| 84 | 00:08:30 --> 00:08:34 | the very first presented fair value gap that he could use would be at 931 |
| 85 | 00:08:34 --> 00:08:41 | Eastern Time, between 931 and 10 o'clock, the very first fair value gap |
| 86 | 00:08:41 --> 00:08:48 | that forms on a one minute chart, that is his gap to use. Extend that |
| 87 | 00:08:48 --> 00:08:51 | throughout the day and throughout the week, and you'll see how they're used |
| 88 | 00:08:51 --> 00:08:56 | over and over and over again. You mentioned at the time, when I first |
| 89 | 00:08:56 --> 00:09:02 | introduced this concept, I said that he would learn by experience. When he |
| 90 | 00:09:02 --> 00:09:08 | could use the 931, minute fair value gap, it would take some time in |
| 91 | 00:09:08 --> 00:09:13 | looking at certain things. So I'm ringing in that now because I executed |
| 92 | 00:09:13 --> 00:09:16 | on it on Friday. You can watch the video that was posted prior to this |
| 93 | 00:09:16 --> 00:09:25 | one. I want you to consider this candlestick right here. Now, normally |
| 94 | 00:09:25 --> 00:09:31 | this would be your first presented fair value gap, but there's a criteria |
| 95 | 00:09:31 --> 00:09:36 | that I'm going to show you when and how I use the 931 as the very first |
| 96 | 00:09:36 --> 00:09:41 | percent of fair value gap. Now there's nothing inherently wrong with using |
| 97 | 00:09:41 --> 00:09:45 | this one, you know, if you extend that throughout the day, eventually you'll |
| 98 | 00:09:45 --> 00:09:47 | get something over here in the afternoon, but you're going to |
| 99 | 00:09:47 --> 00:09:51 | discover that it's gets real wild in here, and it doesn't respect it as |
| 100 | 00:09:51 --> 00:09:55 | much as the level of that 931 minute candlestick. You. |
| 101 | 00:10:02 --> 00:10:04 | All right. So take a look in the lower right hand corner. You can see that |
| 102 | 00:10:04 --> 00:10:10 | the chart now is toggled to regular trading hours, R, T, H, okay, so we're |
| 103 | 00:10:10 --> 00:10:14 | going to see the gap, the difference between previous day's settlement |
| 104 | 00:10:14 --> 00:10:24 | price at 4:14pm eastern time to where we open at 930 eastern time the very |
| 105 | 00:10:24 --> 00:10:29 | next trading day. So it's not showing you all the fluctuations in price |
| 106 | 00:10:29 --> 00:10:36 | overnight in Asia, in London and then before the new am session at 930 |
| 107 | 00:10:37 --> 00:10:44 | Eastern time. So you have to be aware of that price action still, but you |
| 108 | 00:10:44 --> 00:10:48 | can't ignore regular trading hour structure, which is what we're showing |
| 109 | 00:10:48 --> 00:10:53 | here. Okay, so if you take a very close look at where we opened up from, |
| 110 | 00:10:53 --> 00:11:00 | where we settled previous Thursday, at 4:14pm, Eastern Time, we have a very |
| 111 | 00:11:00 --> 00:11:06 | large premium gap that opening price here does two things. Number one, it |
| 112 | 00:11:06 --> 00:11:12 | triggers initial desire to want to be a buyer. Because a lot of retail |
| 113 | 00:11:12 --> 00:11:17 | traders just see the price being flashed on the screen. It's like, |
| 114 | 00:11:17 --> 00:11:22 | well, yeah, it's a strong opening. But what do we do after we open? That's |
| 115 | 00:11:22 --> 00:11:26 | that's what a professional perspective is, not. Where are we at? Relationship |
| 116 | 00:11:26 --> 00:11:30 | from the previous days closed to today's open? That's retail. That |
| 117 | 00:11:30 --> 00:11:35 | perspective, that measurement of bullishness or bearishness, is |
| 118 | 00:11:35 --> 00:11:41 | identified through that lens, but a professional sees it from. Where do we |
| 119 | 00:11:41 --> 00:11:46 | open at and how do we close based on that open and you want to think about |
| 120 | 00:11:46 --> 00:11:50 | that for your sessions, not necessarily just limiting it to daily |
| 121 | 00:11:50 --> 00:11:54 | range in its entirety. You want to be thinking about from the beginning at |
| 122 | 00:11:54 --> 00:11:58 | 930 to say, 11 o'clock in the morning, Eastern Time. So that's your am |
| 123 | 00:11:58 --> 00:12:05 | session. Same thing for the afternoon. Where do we start trading at 1:30pm |
| 124 | 00:12:06 --> 00:12:10 | eastern time for that opening range for the pm session? What's that |
| 125 | 00:12:10 --> 00:12:17 | opening price? The very first tick at nine, at 130 then where we close at |
| 126 | 00:12:17 --> 00:12:23 | four o'clock? That could be your entire afternoon range and where we |
| 127 | 00:12:23 --> 00:12:28 | open versus where we close. That's the professional measurement of the lay of |
| 128 | 00:12:28 --> 00:12:35 | the land, how the market is delivered. So simply stated, we have a very high |
| 129 | 00:12:35 --> 00:12:38 | premium opening here. But if you're looking at regular trading hours, |
| 130 | 00:12:38 --> 00:12:42 | you're going to see that they opened it up above regular trading hours |
| 131 | 00:12:42 --> 00:12:49 | relative equal highs. So in here we have Thursday's regular trading hours, |
| 132 | 00:12:49 --> 00:12:58 | buy side liquidity, and now looking at this right there, this is your first |
| 133 | 00:12:58 --> 00:13:08 | presented fair value gap, because it's done a raid on previous early trading |
| 134 | 00:13:08 --> 00:13:13 | hours relative equal highs. And now with that opening here, we measure the |
| 135 | 00:13:13 --> 00:13:18 | opening range gap to find the consequent encroachment of that soon |
| 136 | 00:13:18 --> 00:13:22 | as we get the opening price, right there, right there, boom. You know |
| 137 | 00:13:22 --> 00:13:25 | that you're looking for 70% likelihood it's going to pull back into that |
| 138 | 00:13:25 --> 00:13:33 | opening range gap, 50% of it. Okay, so that's important to understand. When |
| 139 | 00:13:33 --> 00:13:41 | we see this, it's almost as if you have X ray vision, and you can read |
| 140 | 00:13:41 --> 00:13:45 | what price is reaching for and how it's engaging liquidity from both the |
| 141 | 00:13:45 --> 00:13:51 | regular trading hours market structure and also incorporating the same ideas |
| 142 | 00:13:51 --> 00:13:55 | with the electronic trading hours market structure, which we'll look at |
| 143 | 00:13:55 --> 00:14:02 | in a moment. But this right here, that consequent encroachment is that level |
| 144 | 00:14:02 --> 00:14:06 | right there. So it comes up later on, hits it. And if you look real close, |
| 145 | 00:14:06 --> 00:14:11 | there's going to be minor buy side liquidity rating here. So this white |
| 146 | 00:14:11 --> 00:14:16 | box is the opening range gap for the am session. So that's 930 to 10 |
| 147 | 00:14:16 --> 00:14:23 | o'clock, that measurement. And we're looking for where we settled |
| 148 | 00:14:23 --> 00:14:28 | previously, which is here and where we open, and that's what we're we're |
| 149 | 00:14:28 --> 00:14:32 | showing a depiction of that. Okay, so we're blending two elements there, |
| 150 | 00:14:32 --> 00:14:38 | time and price, and we're also blending in the elements of regular |
| 151 | 00:14:38 --> 00:14:43 | trading hours, time and market structure and electronic trading hours |
| 152 | 00:14:44 --> 00:14:48 | and market structure. So what do I mean by that? Well, before we do that, |
| 153 | 00:14:48 --> 00:14:54 | I want you to notice that we have all this run up in here without having the |
| 154 | 00:14:54 --> 00:14:59 | need to take out that low I want you to take a look in this little area |
| 155 | 00:14:59 --> 00:15:03 | right in here, and. See if there's anything useful that you might see as |
| 156 | 00:15:04 --> 00:15:10 | obviously, for you, it's going to be hindsight, but for an educators moment |
| 157 | 00:15:10 --> 00:15:13 | to point out something to observe before we get further into the video |
| 158 | 00:15:14 --> 00:15:19 | inside this area in here, if you don't take this low out and you're expecting |
| 159 | 00:15:19 --> 00:15:22 | the market to break down, what might you consider in this little area in |
| 160 | 00:15:22 --> 00:15:34 | here? Pause the video. I'm not going to pause the video. Michael, drop down |
| 161 | 00:15:34 --> 00:15:39 | to the one minute chart. Now, I had this compressed and I'm showing it |
| 162 | 00:15:39 --> 00:15:44 | through electronic trading hours now, so I've toggled my my eth, R, T, H, |
| 163 | 00:15:44 --> 00:15:50 | back to electronic trading hours. I have the range shown here that makes |
| 164 | 00:15:50 --> 00:15:57 | the opening range gap. That's that white shaded box here, if we're |
| 165 | 00:15:57 --> 00:16:04 | looking at how the market trades from register trading hours and electronic |
| 166 | 00:16:04 --> 00:16:08 | trading hours, you have to look at the stops that are there. You have to look |
| 167 | 00:16:08 --> 00:16:13 | at how the market delivers to inefficiencies, from inefficiencies to |
| 168 | 00:16:13 --> 00:16:19 | liquidity, from liquidity to inefficiencies and stripped down. |
| 169 | 00:16:19 --> 00:16:22 | Let's just say you were looking at just the electronic trading hours |
| 170 | 00:16:22 --> 00:16:27 | only, and you didn't even refer to regular trading hours. I teach you |
| 171 | 00:16:27 --> 00:16:30 | that going back from pre market session, seven o'clock in the morning, |
| 172 | 00:16:30 --> 00:16:36 | Eastern Time, to 930 opening bell, that 90 minute window of time that |
| 173 | 00:16:36 --> 00:16:40 | could be your entire trading canvas, where you you do all your work there, |
| 174 | 00:16:40 --> 00:16:44 | and you don't care what it does after the opening bell. Opening bell, it's |
| 175 | 00:16:44 --> 00:16:53 | plenty of opportunity to do that. Or you want to use a session trading to |
| 176 | 00:16:53 --> 00:16:58 | give yourself a little bit of a buffer, and then trade heavier handed |
| 177 | 00:16:58 --> 00:17:01 | after you get the opening range and the true understanding of where the |
| 178 | 00:17:01 --> 00:17:05 | market's going to go after 930 opening. That's a little bit more |
| 179 | 00:17:05 --> 00:17:08 | advanced. That's what I usually do when I'm running up the accounts. I'll |
| 180 | 00:17:08 --> 00:17:12 | do things like that. I'll build in a buffer right before the major session |
| 181 | 00:17:12 --> 00:17:16 | I'm looking to trade, and that might be the afternoon. It might be I'm not |
| 182 | 00:17:16 --> 00:17:20 | trading in the morning because FOMC rate announcements coming out later in |
| 183 | 00:17:20 --> 00:17:25 | afternoon. So I will do very, very little light handed trading pre |
| 184 | 00:17:25 --> 00:17:28 | session, because I know usually the morning session is going to be quiet, |
| 185 | 00:17:28 --> 00:17:34 | lethargic, choppy, and then after the initial distribution of price higher, |
| 186 | 00:17:34 --> 00:17:41 | lower, at the 230 conference, when they're now going to listen to the Fed |
| 187 | 00:17:41 --> 00:17:45 | Chairman speak. That's usually the real move. And because I've done |
| 188 | 00:17:45 --> 00:17:49 | something early in the day, I've patted myself out, I would be willing |
| 189 | 00:17:49 --> 00:17:54 | to risk 7550 to 75% of whatever I earned in that light handed trading to |
| 190 | 00:17:54 --> 00:17:59 | leverage into what I think is the real move in the afternoon. So these are |
| 191 | 00:17:59 --> 00:18:05 | some of the things that I like to do, and how I use planned leverage and |
| 192 | 00:18:06 --> 00:18:09 | light handed trading, where I build a little buffer for the real big, |
| 193 | 00:18:09 --> 00:18:14 | impactful event I'm trying to actually trade that day or session. But if I |
| 194 | 00:18:15 --> 00:18:19 | take your attention back to some of the things I've taught using the |
| 195 | 00:18:19 --> 00:18:23 | obvious pools of liquidity that they cannot hide it from you. Okay? You |
| 196 | 00:18:23 --> 00:18:26 | don't need level two data. You don't need volume profile. You don't need |
| 197 | 00:18:26 --> 00:18:29 | any you don't need any hand stuff. Okay, you don't need none of those |
| 198 | 00:18:29 --> 00:18:33 | things, but it makes you feel and look intelligent in the eyes of other |
| 199 | 00:18:33 --> 00:18:37 | people when they look at your chart. It seems scientific, but it's |
| 200 | 00:18:37 --> 00:18:43 | simplistically shown by looking at time first. So if we're looking at the |
| 201 | 00:18:43 --> 00:18:49 | 930 opening range, Eastern Time for equities open, going back in time, |
| 202 | 00:18:49 --> 00:18:52 | what's the first thing you're going to run into? London? Sessions, liquidity? |
| 203 | 00:18:52 --> 00:18:57 | Well, here you go. Here's London's low. What happens prior to that? Asia |
| 204 | 00:18:57 --> 00:19:03 | sessions low. So those are two levels that we would be looking for when we |
| 205 | 00:19:03 --> 00:19:09 | have the market opening up trading above this short term high, this short |
| 206 | 00:19:09 --> 00:19:17 | term high here, and then bumping it right there at the open so just think, |
| 207 | 00:19:17 --> 00:19:21 | just think about that for a second. Okay, we have a blending of a blending |
| 208 | 00:19:21 --> 00:19:25 | of regular trading hours and electronic trading hours to see, kind |
| 209 | 00:19:25 --> 00:19:30 | of like an envelope, a barrier at which we want to see price reaching |
| 210 | 00:19:30 --> 00:19:36 | for obvious pools of liquidity that doesn't need level two data is |
| 211 | 00:19:36 --> 00:19:41 | pointing to, where was the high at, where was the low at in the Asian |
| 212 | 00:19:41 --> 00:19:47 | session, in the London session, and now we're building them for the |
| 213 | 00:19:47 --> 00:19:51 | morning session that can be used for the afternoon or lunch macro. So |
| 214 | 00:19:55 --> 00:19:59 | this little bump up here taking out that high, that's something I point. |
| 215 | 00:20:00 --> 00:20:05 | It out to in one of my students live streams, Dasha. You know her as Lu |
| 216 | 00:20:05 --> 00:20:10 | trader. So I shared that. I said I ran to buy stops here, and now I'm gonna |
| 217 | 00:20:10 --> 00:20:17 | be looking for 21,003 60, and that's based on London low. Okay, so I have |
| 218 | 00:20:17 --> 00:20:21 | witnesses over there that'll corroborate and say, Yeah, he did |
| 219 | 00:20:21 --> 00:20:26 | that, but without having the need to do that type of thing. I mean, |
| 220 | 00:20:26 --> 00:20:28 | obviously I've been doing this enough. Now, if you've been following me, if |
| 221 | 00:20:28 --> 00:20:31 | you're a student, you know that there's no hindsight required. I'm |
| 222 | 00:20:31 --> 00:20:36 | pointing to these things. I just want you to look for these types of |
| 223 | 00:20:36 --> 00:20:40 | conditions, these setups, these parameters, so that way you can start |
| 224 | 00:20:40 --> 00:20:44 | to formulate a routine that you follow every single session. You're not |
| 225 | 00:20:44 --> 00:20:47 | trying to reinvent the wheel. You're not trying to complicate it. You're |
| 226 | 00:20:47 --> 00:20:51 | not trying to bring every tool, every aspect of whatever I've taught into |
| 227 | 00:20:51 --> 00:20:55 | every situation, because every situation doesn't warrant every PD |
| 228 | 00:20:55 --> 00:20:59 | array, every school of thought that ICT has ever codified. And you know |
| 229 | 00:20:59 --> 00:21:03 | that's that's you as a student, or that's someone that doesn't want to |
| 230 | 00:21:03 --> 00:21:06 | learn how to use this thought. They just see all these tools, these these |
| 231 | 00:21:06 --> 00:21:09 | concepts, these procedures, and they think, Oh, this is who's going to do |
| 232 | 00:21:09 --> 00:21:14 | all that. Well, there's, there's no application ever by me, or a |
| 233 | 00:21:15 --> 00:21:19 | instruction by me to try to throw everything I have into every |
| 234 | 00:21:19 --> 00:21:23 | situation. Right now, looking at a chart, you're not going to have every |
| 235 | 00:21:23 --> 00:21:30 | PDA right there. That's why knowing all of them generally is a good thing, |
| 236 | 00:21:30 --> 00:21:35 | but you're going to specialize in one or two, and that's all you need. And |
| 237 | 00:21:36 --> 00:21:42 | your setup might not form that given moment, and you let it go, and you |
| 238 | 00:21:42 --> 00:21:47 | trust that you'll find another setup or and this is my hope, that you'll |
| 239 | 00:21:47 --> 00:21:50 | learn a lot of the continuation patterns that I teach with PD arrays, |
| 240 | 00:21:50 --> 00:21:57 | like volume imbalances, mitigation blocks, institutional or entry drills. |
| 241 | 00:21:57 --> 00:22:00 | You know that that type of thing, that's why it's beneficial for you to |
| 242 | 00:22:00 --> 00:22:06 | know, like month fours content, in my core content, mentorship lessons, you |
| 243 | 00:22:06 --> 00:22:10 | can find that on the YouTube channel where I'm teaching the PD array matrix |
| 244 | 00:22:10 --> 00:22:15 | and the general introduction to the basic PD arrays, not all 81 of them, |
| 245 | 00:22:15 --> 00:22:19 | but just the the most pertinent ones that I think that's going to be easy |
| 246 | 00:22:19 --> 00:22:23 | for the majority of all of you as retail traders, being able to see that |
| 247 | 00:22:23 --> 00:22:27 | in price action and how useful they are. So I want you to take a look at |
| 248 | 00:22:27 --> 00:22:32 | this buy side liquidity here, taken, buy sell liquidity here, taken, buy |
| 249 | 00:22:32 --> 00:22:38 | sell liquidity here, taken, and we're seeing this occur in electronic |
| 250 | 00:22:38 --> 00:22:44 | trading hours that leads to that big pump up that keeps us above the |
| 251 | 00:22:44 --> 00:22:49 | relative equal highs in the regular trading hours. Remember, we're looking |
| 252 | 00:22:49 --> 00:22:54 | at electronic trading hours here. Okay, so this is one of the things |
| 253 | 00:22:54 --> 00:22:59 | that new students with me, or those that maybe already trade but never |
| 254 | 00:22:59 --> 00:23:03 | know how to consider regular trading hours versus the effects of electronic |
| 255 | 00:23:03 --> 00:23:07 | trading hours market structure. You have to blend both of them, and if you |
| 256 | 00:23:07 --> 00:23:10 | think that's a complication, I'm sorry, but it's going to require a |
| 257 | 00:23:10 --> 00:23:15 | little bit of thought, Okay, you're trading against the most elite minds |
| 258 | 00:23:15 --> 00:23:23 | in the financial world markets arena. You're literally up against |
| 259 | 00:23:23 --> 00:23:29 | juggernauts with billions and billions of dollars behind them and complaining |
| 260 | 00:23:29 --> 00:23:33 | about how, you know, this should be easier for me, then I'm not your |
| 261 | 00:23:33 --> 00:23:36 | mentor. You need to go find somebody else, find somebody who's moving |
| 262 | 00:23:36 --> 00:23:39 | average, crossover indicator, that type of stuff, and just do really, |
| 263 | 00:23:39 --> 00:23:42 | really good risk management, and you might be profitable. Yeah, and I wish |
| 264 | 00:23:42 --> 00:23:46 | you good luck, and God bless you if that's what you want to do. But I just |
| 265 | 00:23:46 --> 00:23:50 | don't, I don't think like that. I want to know what's going on. I want to |
| 266 | 00:23:50 --> 00:23:53 | know how I can formulate a plan that the algorithm will refer back to the |
| 267 | 00:23:53 --> 00:23:59 | same things I'm teaching you. Everything stems from time, delivery |
| 268 | 00:24:00 --> 00:24:04 | and then price. It's time for the market to do something before price |
| 269 | 00:24:04 --> 00:24:09 | will do it. That's it. The only time it doesn't occur like that is when |
| 270 | 00:24:09 --> 00:24:12 | there's a geopolitical upset, some kind of thing that you didn't see, a |
| 271 | 00:24:12 --> 00:24:17 | terrorist attack, a bombing, a war breaks out, an assassination, a |
| 272 | 00:24:17 --> 00:24:24 | terrible earthquake rocks a specific area, anything of that nature, that's |
| 273 | 00:24:24 --> 00:24:30 | an act of God. You just can't predict those types of things. So apart from |
| 274 | 00:24:30 --> 00:24:35 | those things occurring in manual intervention, markets going to book by |
| 275 | 00:24:36 --> 00:24:40 | time based delivery first and it's going to refer to price when it's time |
| 276 | 00:24:40 --> 00:24:44 | to refer to price. That's what an algorithm does. That's what this price |
| 277 | 00:24:44 --> 00:24:50 | engine does. There is absolutely one algorithm on every instrument that is |
| 278 | 00:24:50 --> 00:24:56 | delivering price. It's not buying and selling pressure. It's this engine |
| 279 | 00:24:56 --> 00:25:01 | that keeps pushing offering higher prices no matter. How many people want |
| 280 | 00:25:01 --> 00:25:03 | to sell it? That's going to keep ticking and keep ticking, keep |
| 281 | 00:25:03 --> 00:25:06 | ticking, offering higher prices. And because there's people always coming |
| 282 | 00:25:06 --> 00:25:09 | in at market orders, and because there's pending orders, there's always |
| 283 | 00:25:09 --> 00:25:12 | going to be a price that they can use that the book. You only need one |
| 284 | 00:25:12 --> 00:25:18 | contract to cause the price to create the candlestick at that higher low. |
| 285 | 00:25:18 --> 00:25:26 | You don't need big volume. The folks that believe in volume having any real |
| 286 | 00:25:26 --> 00:25:33 | basis behind all this, it's infantile, because there's liquidity above the |
| 287 | 00:25:33 --> 00:25:37 | high that never gets tapped. There's liquidity below the lows that never |
| 288 | 00:25:37 --> 00:25:41 | gets tapped. What constitutes the reasons for why it doesn't get there, |
| 289 | 00:25:41 --> 00:25:45 | because it's certainly not an unwillingness for people to buy and |
| 290 | 00:25:45 --> 00:25:48 | sell just because it went to a specific level. There's people that |
| 291 | 00:25:48 --> 00:25:52 | are stupid. They just they trade moon cycles and in horoscopes and things |
| 292 | 00:25:52 --> 00:25:55 | like that. There's all kinds of nonsense that's constantly out there |
| 293 | 00:25:55 --> 00:26:00 | causing people to be impulsive. So why does the market stop at my levels? Why |
| 294 | 00:26:00 --> 00:26:04 | is it? Why does it respect those types of things? Because I'm aligned with |
| 295 | 00:26:04 --> 00:26:08 | what the algorithm is going to do, I'm keying in on where the actual |
| 296 | 00:26:08 --> 00:26:12 | liquidity is that you can just simply see visually. You don't need any kind |
| 297 | 00:26:12 --> 00:26:16 | of instrument, any kind of service that tells you this is how many orders |
| 298 | 00:26:16 --> 00:26:21 | are above or below this level or at this level. All those things could be |
| 299 | 00:26:21 --> 00:26:25 | faked. Big institutions do that a lot. They'll put a big, big order, a block |
| 300 | 00:26:25 --> 00:26:30 | of 500 600 1000 contracts at a specific level, because they know all |
| 301 | 00:26:30 --> 00:26:36 | of you are constantly out here trying to find signs that the big guys are |
| 302 | 00:26:36 --> 00:26:40 | doing. And then, because you see these big blocks orders, you're going to |
| 303 | 00:26:40 --> 00:26:43 | naturally assume that, well, I think they're going to go up and get that |
| 304 | 00:26:43 --> 00:26:46 | big order up there. So what's that going to do that's going to lull you |
| 305 | 00:26:46 --> 00:26:50 | into and prime you to be a buyer, until we get up and hit that level, |
| 306 | 00:26:52 --> 00:26:55 | when, in fact, what they're doing is that they're selling into that in |
| 307 | 00:26:55 --> 00:26:59 | smaller blocks as it's going up there, but right before it gets close enough, |
| 308 | 00:26:59 --> 00:27:04 | they pull that order away, that's spoofing. But you you don't think |
| 309 | 00:27:04 --> 00:27:08 | that's going to be an issue for you, because everybody in the circles on |
| 310 | 00:27:08 --> 00:27:14 | Reddit and Facebook groups and Instagram and tick tock and X, you all |
| 311 | 00:27:14 --> 00:27:18 | think that that makes you scientific. It makes you a professional trader. It |
| 312 | 00:27:18 --> 00:27:21 | makes you institutionally minded, because you have level two data, all |
| 313 | 00:27:21 --> 00:27:29 | you have, all you have, is a myth, because those things don't make price |
| 314 | 00:27:29 --> 00:27:32 | go up and down. There's a lot of those orders aren't even there. Actually, |
| 315 | 00:27:32 --> 00:27:38 | when you see price go there over time, the order size starts to diminish. It |
| 316 | 00:27:38 --> 00:27:41 | starts to diminish. It starts to diminish. And once you get there, look |
| 317 | 00:27:41 --> 00:27:46 | at the time and sales. A lot of times the number of contracts that you saw |
| 318 | 00:27:46 --> 00:27:50 | initially. They're not actually traded there. So how are you gonna have any |
| 319 | 00:27:50 --> 00:27:55 | faith behind that? And it doesn't give you direction, because there's lots of |
| 320 | 00:27:55 --> 00:28:00 | orders above and below market price. There's ladders above with price |
| 321 | 00:28:00 --> 00:28:06 | levels and below market price. So what's making you feel so sure that |
| 322 | 00:28:06 --> 00:28:11 | the number of contracts that you're looking at on this DOM depth of |
| 323 | 00:28:11 --> 00:28:17 | market, it's not dumb. What constitutes the reasons why you should |
| 324 | 00:28:17 --> 00:28:21 | expect the price going up that level or down to that level? When, if you |
| 325 | 00:28:21 --> 00:28:25 | really look at it, it's generally a pretty much an even distribution of |
| 326 | 00:28:26 --> 00:28:29 | how they bracket all those things. Because they're they're controlling |
| 327 | 00:28:29 --> 00:28:33 | you, they're influencing you with those things. They can do a lot of |
| 328 | 00:28:33 --> 00:28:39 | stuff just outside the range of market price. And a lot of you, collectively, |
| 329 | 00:28:40 --> 00:28:44 | even though you're small fry retail traders, a lot of you are looking at |
| 330 | 00:28:44 --> 00:28:49 | those things, and they only need one contract of your trading to book price |
| 331 | 00:28:49 --> 00:28:52 | and cause all kinds of chaos and ripples to go through the marketplace. |
| 332 | 00:28:53 --> 00:28:58 | So yes, they can use the back of a retail traders order and break the |
| 333 | 00:28:58 --> 00:29:02 | market and start the spooling effect and take price wherever they want to |
| 334 | 00:29:03 --> 00:29:09 | go. Markets don't always turn on big volume, and if you studied volume, |
| 335 | 00:29:10 --> 00:29:15 | you'll know that a lot of times when the market makes a high, they're doing |
| 336 | 00:29:15 --> 00:29:19 | it with less volume than the previous volume seen at the previous high. So |
| 337 | 00:29:19 --> 00:29:25 | think of it as a false breakout. In that sense, volume does precede price, |
| 338 | 00:29:25 --> 00:29:28 | but I already expect that type of stuff happen before volume ever even |
| 339 | 00:29:28 --> 00:29:34 | comes into conversation. So I don't look at those archaic tools. There's |
| 340 | 00:29:34 --> 00:29:38 | reference points, because I know how liquidity gonna come in the |
| 341 | 00:29:38 --> 00:29:43 | marketplace. I know, and you don't need any of these external tools. All |
| 342 | 00:29:43 --> 00:29:46 | you need is a chart, the open, high, low and close. And what time is the |
| 343 | 00:29:47 --> 00:29:48 | high and low formed. |
| 344 | 00:29:50 --> 00:29:56 | Asia session, London, session, pre market. Session, seven o'clock to 930 |
| 345 | 00:29:56 --> 00:30:01 | open, and then you have the 930 to 11. O'clock, where's your liquidity in |
| 346 | 00:30:01 --> 00:30:05 | net? Because that's your am session. And then lunch macro will pull against |
| 347 | 00:30:05 --> 00:30:10 | that, even it's going to stay consolidation, or if it's going to |
| 348 | 00:30:10 --> 00:30:14 | reverse or continue, it's going to go back into the range for that liquidity |
| 349 | 00:30:14 --> 00:30:20 | that was formed at 10 o'clock, going into whatever it has done during the |
| 350 | 00:30:20 --> 00:30:24 | lunch hours. It does this every day, folks, every day it does that. And |
| 351 | 00:30:24 --> 00:30:31 | then you had the pm session, which will use the lunch macro liquidity and |
| 352 | 00:30:31 --> 00:30:36 | or the am session liquidity. And that cycle repeats over and over and over |
| 353 | 00:30:36 --> 00:30:41 | again. They cannot hide it from you. They cannot cause any kind of |
| 354 | 00:30:41 --> 00:30:45 | distortion in your data. Okay, everybody is going to have the same |
| 355 | 00:30:45 --> 00:30:49 | price high and low across all the brokers, because you're trading in a |
| 356 | 00:30:49 --> 00:30:52 | real market. You're not trading a CFD, you're not trading in forex, where |
| 357 | 00:30:52 --> 00:30:57 | every broker gets to mess around with the highs and the lows. That's this. |
| 358 | 00:30:57 --> 00:31:01 | What makes these markets better. They're a gentleman's market. They're |
| 359 | 00:31:01 --> 00:31:05 | not a cowboy that wants a ride like on a crypto market where everybody gets a |
| 360 | 00:31:05 --> 00:31:10 | chance to do stupid stuff. So that jaw bone a little bit there. I apologize, |
| 361 | 00:31:12 --> 00:31:15 | but I want you to take a look at this area right in here, |
| 362 | 00:31:20 --> 00:31:25 | zoomed in now, and I want you to see how, see all these highs here, just |
| 363 | 00:31:25 --> 00:31:31 | falling short of this area, right in here, this city. So it's Unbound, buy |
| 364 | 00:31:31 --> 00:31:38 | some inefficiency, minor buy side liquidity here, the market stays in |
| 365 | 00:31:38 --> 00:31:44 | this consolidation. So at 930 we open, we hang around, bang around, bang |
| 366 | 00:31:44 --> 00:31:47 | around, bang around, and finally retrace back up. Because if it's going |
| 367 | 00:31:47 --> 00:31:51 | to go down, they're going to price in a premium, and they're going to take |
| 368 | 00:31:51 --> 00:31:56 | out some measure of buy side. And that's this area right here, trades |
| 369 | 00:31:56 --> 00:32:03 | right up into that level. And then breaks comes back up, breaks one more |
| 370 | 00:32:03 --> 00:32:08 | time, and in here I'm looking for a short because we're in the lower |
| 371 | 00:32:08 --> 00:32:23 | portions now of this city. Add in the other, which I'll have in my charts in |
| 372 | 00:32:23 --> 00:32:27 | a second. But the way I teach first present the fair value gap this week, |
| 373 | 00:32:27 --> 00:32:30 | I pointed out several of them, and you're instructed by me to always |
| 374 | 00:32:30 --> 00:32:34 | project them in the future. So in trading view, you just toggle it |
| 375 | 00:32:34 --> 00:32:38 | extend to the right. And if you do that and you label them as you'll see |
| 376 | 00:32:38 --> 00:32:42 | mine in a moment. It helps you stay organized. But you don't have to have |
| 377 | 00:32:42 --> 00:32:45 | the all these things on your chart that you're looking at every day, all |
| 378 | 00:32:45 --> 00:32:50 | day long. You should always have a naked chart, nothing on it, because it |
| 379 | 00:32:50 --> 00:32:56 | allows you to see things with a blank slate or a canvas that doesn't have |
| 380 | 00:32:56 --> 00:33:01 | any paint on it. It gives you a fresh perspective constantly. So throughout |
| 381 | 00:33:01 --> 00:33:05 | the day, throughout the morning session, the afternoon session, I'll |
| 382 | 00:33:05 --> 00:33:08 | take everything off my chart and look at price action like that. So that |
| 383 | 00:33:08 --> 00:33:12 | way, I'm not marrying the idea. I'm not forcing my will in the |
| 384 | 00:33:12 --> 00:33:17 | marketplace. Because by having all these annotations on the chart, if I'm |
| 385 | 00:33:17 --> 00:33:20 | making examples for you, and I'm executing and taking live trades, |
| 386 | 00:33:20 --> 00:33:25 | these annotations are not necessarily on my chart when I'm trading, because |
| 387 | 00:33:26 --> 00:33:33 | I don't want to force that outcome on my end result expectations. And you |
| 388 | 00:33:33 --> 00:33:38 | can do that by addressing your chart a lot, and by managing the information |
| 389 | 00:33:38 --> 00:33:43 | that you're curating, taking all these things, first present to fair value |
| 390 | 00:33:43 --> 00:33:47 | gaps, new week opening gaps, New Day opening gaps. I have nothing on my |
| 391 | 00:33:47 --> 00:33:51 | chart, no reference at all to those there, like I'm not looking at new |
| 392 | 00:33:51 --> 00:33:55 | week opening gaps or New Day opening gaps in any things I'm showing you |
| 393 | 00:33:55 --> 00:34:00 | here today, all of those things add, but you don't have to apply it to |
| 394 | 00:34:00 --> 00:34:06 | every, not to every, to the chart you're looking at your your Bellwether |
| 395 | 00:34:06 --> 00:34:10 | chart, the one you look at basically majority of the time throughout the |
| 396 | 00:34:10 --> 00:34:13 | trading sessions that you're trading. You want to have templates. You want |
| 397 | 00:34:13 --> 00:34:17 | to have things that you can toggle and refer back to periodically, like every |
| 398 | 00:34:17 --> 00:34:21 | couple minutes you and say, Where are we at? In regards to the last five new |
| 399 | 00:34:21 --> 00:34:24 | day opening gaps. Where are we at in regards to the last five new week |
| 400 | 00:34:24 --> 00:34:32 | opening gaps? Where are we in regards to in the Asian session liquidity from |
| 401 | 00:34:32 --> 00:34:37 | earlier in the week, Monday or Tuesday or Wednesday? You want to constantly |
| 402 | 00:34:37 --> 00:34:41 | be referring to all those pools of liquidity, and you will start to see |
| 403 | 00:34:41 --> 00:34:45 | the rhyme and reason of what price is doing, but until you start keeping a |
| 404 | 00:34:45 --> 00:34:48 | log of all these things, you won't fully appreciate what I've been what |
| 405 | 00:34:48 --> 00:34:52 | I've been teaching all these years in front of you, and in executing on it, |
| 406 | 00:34:52 --> 00:34:56 | my students execute on it. The fact that you can't identify any of it is |
| 407 | 00:34:56 --> 00:34:59 | because you're not annotating your chart and logging them and collecting |
| 408 | 00:34:59 --> 00:35:03 | them and. Studying at the end of the week, before the week opens up, you |
| 409 | 00:35:03 --> 00:35:06 | should have already spent about 30 minutes, to a maximum of an hour, |
| 410 | 00:35:06 --> 00:35:11 | reviewing where the turning points took place intra week, intraday, what |
| 411 | 00:35:11 --> 00:35:14 | was the weekly high and the low? How did that relate to what the weekly |
| 412 | 00:35:14 --> 00:35:19 | chart and the monthly chart is suggesting, and you get closer to what |
| 413 | 00:35:19 --> 00:35:21 | the market's doing by doing things like that. |
| 414 | 00:35:26 --> 00:35:31 | All right, so this is your first retentive fair value gap, and |
| 415 | 00:35:31 --> 00:35:35 | consequent encroachment of that gap is here. So you can see we traded up into |
| 416 | 00:35:35 --> 00:35:39 | it, bumping the buy side, consequent encroachment of first retentive fair |
| 417 | 00:35:39 --> 00:35:44 | value gap at 930 breaks lower, comes back up, hits it one more time there, |
| 418 | 00:35:44 --> 00:35:49 | and we're staying outside of what the upper half. That's order flow theory |
| 419 | 00:35:49 --> 00:35:55 | with my PD arrays. It's always like that. It's always like that. And no, |
| 420 | 00:35:55 --> 00:35:58 | you don't find that in any books. I had another Joker on X yesterday |
| 421 | 00:35:59 --> 00:36:02 | talking the same nonsense. It's all these concepts have always existed, |
| 422 | 00:36:03 --> 00:36:07 | but they never tell you what book, what author, what page number, and |
| 423 | 00:36:07 --> 00:36:11 | show them doing what I'm doing here. It's not there, folks, it's not and I |
| 424 | 00:36:11 --> 00:36:15 | love sound like a broken record, because it needs to happen, because |
| 425 | 00:36:15 --> 00:36:18 | you have AI. And the more people constantly put out their false |
| 426 | 00:36:18 --> 00:36:22 | information, they will lay down a false narrative saying that this was |
| 427 | 00:36:22 --> 00:36:25 | stuff that was seen in books, and that's why I challenge people. That's |
| 428 | 00:36:25 --> 00:36:29 | why I remind all of you I have 5 million US dollars that says you can't |
| 429 | 00:36:29 --> 00:36:35 | find my work anywhere prior to 1996 it's, in fact, you look at it like |
| 430 | 00:36:35 --> 00:36:40 | this, in 2016 when I started doing paid mentorship, that's when I was |
| 431 | 00:36:40 --> 00:36:45 | revealing it to the public in a broad range where I wasn't doing it one on |
| 432 | 00:36:45 --> 00:36:53 | one, like I was in the 90s. So 2016 you don't even have to go back prior |
| 433 | 00:36:53 --> 00:37:03 | in prior to 1996 just go to 2015 Okay. Can you find it there? No, it exploded |
| 434 | 00:37:03 --> 00:37:07 | because my mentorship was so sought after, and everybody copied it, |
| 435 | 00:37:07 --> 00:37:10 | everybody paired it, and all sampled from it. They all sample from it. |
| 436 | 00:37:12 --> 00:37:15 | That's okay. I mean, that's what a teacher wants, right? He wants |
| 437 | 00:37:15 --> 00:37:19 | students to learn. But there's this movement they want to try to hide the |
| 438 | 00:37:19 --> 00:37:23 | fact that I'm its originator. I'm its creator, and I codified these things, |
| 439 | 00:37:23 --> 00:37:27 | and they did not exist in any form, fashion, any way, as you see me |
| 440 | 00:37:27 --> 00:37:32 | teaching and using them. That's why no one else handles them as well as I do. |
| 441 | 00:37:32 --> 00:37:39 | You are forced to look at these concepts. They're your own perspective |
| 442 | 00:37:41 --> 00:37:45 | during the times that you can trade during the times of your study, and |
| 443 | 00:37:45 --> 00:37:48 | you're going to see that the way I have created this language for you, |
| 444 | 00:37:49 --> 00:37:54 | you can engage this algorithm, this market, and do things that fits your |
| 445 | 00:37:54 --> 00:37:59 | schedule, your personal life, your personality, your you're given The |
| 446 | 00:37:59 --> 00:38:05 | freedom to pick whatever PDA Ray you want. Who says that you have to be at |
| 447 | 00:38:05 --> 00:38:09 | the high when you're shorting? You don't. Who says you have to be at the |
| 448 | 00:38:09 --> 00:38:13 | low when you're going long? You don't. I don't always get the opportunity to |
| 449 | 00:38:13 --> 00:38:16 | be in front of my computers when the setups there and I can't enter the |
| 450 | 00:38:16 --> 00:38:22 | trade right at the low or the high. So I'll use continuation ideas that my PD |
| 451 | 00:38:22 --> 00:38:26 | arrays offer me, because I'm looking at order flow, I'm trusting that what |
| 452 | 00:38:26 --> 00:38:29 | I'm expecting to be delivered, I can still free my trade and manage risk, |
| 453 | 00:38:29 --> 00:38:38 | you know, in a manner that's not excessive. So let's break this down a |
| 454 | 00:38:38 --> 00:38:42 | little bit further. But as the market drops down and here there's a fair |
| 455 | 00:38:42 --> 00:38:48 | value gap there, and then there's volume imbalance right here, |
| 456 | 00:38:49 --> 00:38:52 | separation between the bodies. So the market trades up into that and then |
| 457 | 00:38:52 --> 00:38:58 | breaks down, trading down into Friday's London sell side liquidity |
| 458 | 00:38:58 --> 00:39:02 | pool. So |
| 459 | 00:39:11 --> 00:39:14 | all right in the month minute chart here you can see, I've identified the |
| 460 | 00:39:14 --> 00:39:20 | Friday london session liquidity, Friday Asian session liquidity, and |
| 461 | 00:39:20 --> 00:39:23 | then Thursday's regular trading hours. And earlier in the video, I told you |
| 462 | 00:39:23 --> 00:39:26 | to look inside that low and you'll see that there's a little fair value you |
| 463 | 00:39:26 --> 00:39:29 | got right there. It's a buy side amount, sell side and efficiency. And |
| 464 | 00:39:29 --> 00:39:34 | we traded right down into that. You see that. So what is this level here? |
| 465 | 00:39:35 --> 00:39:41 | If you measure the opening range high to low, and you run a negative 1.5 |
| 466 | 00:39:41 --> 00:39:46 | standard deviation on your fib, you'll get that projection. It takes us below |
| 467 | 00:39:47 --> 00:39:52 | both London and Asia sessions liquidity right here. So that's the |
| 468 | 00:39:52 --> 00:39:56 | level, and it trades down to that inefficiency, but not needing to take |
| 469 | 00:39:56 --> 00:39:57 | out Thursday's low. So. |
| 470 | 00:40:02 --> 00:40:06 | So here is that zoomed in that little fair value gap I was quizzing you on |
| 471 | 00:40:06 --> 00:40:09 | earlier in the beginning of the video. This is what you should have seen. And |
| 472 | 00:40:09 --> 00:40:12 | we don't need to see Thursday's registration, hours sell side, |
| 473 | 00:40:12 --> 00:40:18 | liquidity be taken. All right. So stripped down in a normal fashion. |
| 474 | 00:40:18 --> 00:40:21 | This is what my charge usually looks like, and it looks like this when I'm |
| 475 | 00:40:21 --> 00:40:25 | doing the execution, when I'm showing it to you. Here's the bump on the buy |
| 476 | 00:40:25 --> 00:40:31 | stops. Here's the opening range gap, first presented fair value gap, |
| 477 | 00:40:33 --> 00:40:39 | inversion fair value gap. See this low here. That's start of a new day. This |
| 478 | 00:40:39 --> 00:40:46 | is a first presented fair value gap at the start of the new day. Project that |
| 479 | 00:40:46 --> 00:40:49 | forward, you can see how it's being used here, and then they finally bump |
| 480 | 00:40:49 --> 00:40:54 | through it leaves, it never comes back. That's a good thing. And then |
| 481 | 00:40:54 --> 00:41:01 | you have this cell sign imbalanced by sound and efficiency here. Project |
| 482 | 00:41:01 --> 00:41:06 | that forward. And then here's the minor cell side liquidity that |
| 483 | 00:41:06 --> 00:41:09 | attacks. And then you have volume imbalances in here. And you can see |
| 484 | 00:41:09 --> 00:41:15 | all that, how that was used in the recorded execution. And then you have |
| 485 | 00:41:15 --> 00:41:18 | Tuesday's pm session, first present to fair value gap. It draws down into |
| 486 | 00:41:18 --> 00:41:24 | that too. So look at the bodies respecting that, think about that. |
| 487 | 00:41:24 --> 00:41:27 | It's it's interesting, isn't it? You're going to tell me that's buying |
| 488 | 00:41:27 --> 00:41:32 | and selling pressure. Everybody that doesn't follow what I teach somehow |
| 489 | 00:41:32 --> 00:41:36 | agreed to be buying and selling to afford the opening price and the |
| 490 | 00:41:36 --> 00:41:41 | closing prices of these two candles to reflect the respect of that Tuesday pm |
| 491 | 00:41:41 --> 00:41:44 | session first presents a fair value gap. You're you're going to push real |
| 492 | 00:41:44 --> 00:41:48 | hard to to make that argument, and I'm going to laugh in your face. So |
| 493 | 00:41:48 --> 00:41:54 | remember, we're going to moving in to a little bit more of the morning |
| 494 | 00:41:54 --> 00:41:58 | session. Here we project that forward at fair value gap. Now we change its |
| 495 | 00:41:58 --> 00:42:02 | character from that of a sell side imbalance buy side and efficiency, |
| 496 | 00:42:02 --> 00:42:05 | which is going to be used to sell off further to get down to our target. But |
| 497 | 00:42:06 --> 00:42:09 | now, when the market has done our target, it's going to consolidate and |
| 498 | 00:42:09 --> 00:42:13 | trade above it. Now it changes its character, its initial bearish |
| 499 | 00:42:14 --> 00:42:18 | character now becomes bullish. Look at respecting the consequent encroachment |
| 500 | 00:42:18 --> 00:42:22 | here. Here rallies back up into the actual first percent of fair value gap |
| 501 | 00:42:22 --> 00:42:26 | at 930 fall short of going into consequent encroachment comes right |
| 502 | 00:42:26 --> 00:42:31 | back down in fair value gap. You can do that on your own with sell side |
| 503 | 00:42:32 --> 00:42:37 | hits, it rallies, comes back up in volume of balance. Rally. And then we |
| 504 | 00:42:37 --> 00:42:40 | get back up inside of the first visit fair value gap. You're going to want |
| 505 | 00:42:40 --> 00:42:43 | to put your gradient levels in there. So in other words, you're going to use |
| 506 | 00:42:43 --> 00:42:47 | the high upper quadrant, consequent encroachment, which is midpoint, lower |
| 507 | 00:42:47 --> 00:42:51 | quadrant and the low put that on. I just didn't want to have it on here, |
| 508 | 00:42:51 --> 00:42:54 | because it's too busy, but you can see that that's what's occurring here. It |
| 509 | 00:42:54 --> 00:42:59 | trades up, comes down to lower quadrant, consequent encroachment, |
| 510 | 00:42:59 --> 00:43:03 | upper quadrant, and you're seeing the beginnings of the afternoon session in |
| 511 | 00:43:03 --> 00:43:07 | here, but this is the morning am session opening range gap first |
| 512 | 00:43:07 --> 00:43:10 | presents a fair value gap, huge, lots of things in there. Sounds like word |
| 513 | 00:43:10 --> 00:43:15 | salad, but this is what separates the lazy from the people that really want |
| 514 | 00:43:15 --> 00:43:18 | to understand how to manage risk. Know when setups are going to form. Never |
| 515 | 00:43:18 --> 00:43:24 | fall victim to fear of missing out. Never fearing a shortage on supply of |
| 516 | 00:43:24 --> 00:43:29 | trades. These things happen every single day. What do you think the |
| 517 | 00:43:29 --> 00:43:33 | professionals are doing? The people that aren't teaching like I am, |
| 518 | 00:43:34 --> 00:43:36 | they're out there in these big institutions. What do you think |
| 519 | 00:43:36 --> 00:43:39 | they're doing? You think they're out there guessing all the time, something |
| 520 | 00:43:39 --> 00:43:42 | different every day? No, they have models. They stick to rules, and I'm |
| 521 | 00:43:42 --> 00:43:46 | giving you time and price analysis that way you can tap into these setups |
| 522 | 00:43:46 --> 00:43:49 | that form every single day. They cannot hide it from you. You don't |
| 523 | 00:43:49 --> 00:43:54 | need extra level two institutional tools and all this other stuff. They |
| 524 | 00:43:54 --> 00:43:57 | want to try to sell you these gimmicks. They're all used against |
| 525 | 00:43:57 --> 00:44:04 | you, all of them, the things I'm teaching you it is the market, right. |
| 526 | 00:44:04 --> 00:44:10 | Here's the afternoon, and you can see that is the first presented fair value |
| 527 | 00:44:10 --> 00:44:14 | gap for the pm session between 130 and two o'clock Eastern time, market |
| 528 | 00:44:14 --> 00:44:18 | trades down to the low the actual AM. First presented fair value gap rallies |
| 529 | 00:44:18 --> 00:44:22 | back above consequent encroachment. And then look how it accumulates |
| 530 | 00:44:22 --> 00:44:25 | inside of the first visitor fairway gap between 130 and two o'clock. It |
| 531 | 00:44:25 --> 00:44:29 | helps you identify the actual fair value gaps. That's going to help you |
| 532 | 00:44:30 --> 00:44:34 | know which one to trust. A lot of you don't realize what I've done, okay, |
| 533 | 00:44:34 --> 00:44:39 | I've pulled back the veil, and I'm teaching you how to never fall victim |
| 534 | 00:44:39 --> 00:44:44 | to picking the wrong fair value gap. You'll never find that in any fucking |
| 535 | 00:44:44 --> 00:44:49 | books. Besides what I've wrote and codified, and people have already put |
| 536 | 00:44:49 --> 00:44:52 | out there incomplete. They don't have all the full information, but they're |
| 537 | 00:44:52 --> 00:44:55 | trying to rush it out there, to put it in print form. I have a book that was |
| 538 | 00:44:55 --> 00:44:58 | teaching that first, but you parroted what I said in my mentorship lessons, |
| 539 | 00:44:59 --> 00:45:05 | and it's in. Complete. All those things are incomplete. My books will |
| 540 | 00:45:05 --> 00:45:08 | fill in all the gaps. That way, the ones that have rushed to put books out |
| 541 | 00:45:08 --> 00:45:13 | there gonna look like fools, and that's okay. But the first was, it's a |
| 542 | 00:45:13 --> 00:45:19 | fair value gap gets used here in a reversal of what its original |
| 543 | 00:45:19 --> 00:45:21 | character was. Over here it was bullish because the buy side and |
| 544 | 00:45:21 --> 00:45:25 | balance sell side efficiency, the market can use that if it trades back |
| 545 | 00:45:25 --> 00:45:29 | down into if it's bullish. But what happens if you're seeing the market |
| 546 | 00:45:29 --> 00:45:33 | trying to trade higher? It's used here to send price up, and then what |
| 547 | 00:45:33 --> 00:45:37 | happens when it trades below it, it changes its character. Now it's using |
| 548 | 00:45:37 --> 00:45:40 | consequent encroachment on that level to send it down into sell side |
| 549 | 00:45:40 --> 00:45:49 | liquidity over here. And zoomed in here, you can notice that we had sell |
| 550 | 00:45:49 --> 00:45:57 | side, buy side this run here during the 315 to 345 macro rallies, last |
| 551 | 00:45:57 --> 00:46:04 | hour trading. Look at the Thursday 60 minute premium wick, okay, the highest |
| 552 | 00:46:04 --> 00:46:10 | 60 minute candle on Thursdays trading. There's a wick on it. Measure it so it |
| 553 | 00:46:10 --> 00:46:14 | shows just the 50% of the wick. That's what this level is here. That's the |
| 554 | 00:46:14 --> 00:46:19 | consequence on Thursday 60 minute premium wick. It hits that sells off, |
| 555 | 00:46:19 --> 00:46:23 | consolidates and breaks. We have a shift in market structure here. Here's |
| 556 | 00:46:23 --> 00:46:28 | model 2022, fair value gap breaks lower. Trades to pm session first, |
| 557 | 00:46:28 --> 00:46:31 | present the fair value gap that's always low, hanging fruit. And then it |
| 558 | 00:46:31 --> 00:46:34 | trades to the low of it, attacking the sell side here, and then just |
| 559 | 00:46:34 --> 00:46:36 | extrapolates to the downside. You |
| 560 | 00:46:46 --> 00:46:51 | all right, folks, I know some of this might seem complex, convoluted, you |
| 561 | 00:46:51 --> 00:46:55 | know, excessive. I'm not going to apologize for that, because the |
| 562 | 00:46:55 --> 00:46:59 | results that I show my executions and my students show in their executions, |
| 563 | 00:47:00 --> 00:47:03 | they're all derivatives of the things I'm teaching and have taught you, I'm |
| 564 | 00:47:03 --> 00:47:07 | literally doing things that are referring back to the very specific |
| 565 | 00:47:07 --> 00:47:12 | times, very specific PD arrays, very, very specific ones. The the rhyme and |
| 566 | 00:47:12 --> 00:47:15 | reason behind why I'm picking them are not It's not morphing and changing |
| 567 | 00:47:15 --> 00:47:18 | into new things all the time. It's always the same thing, same stuff. |
| 568 | 00:47:18 --> 00:47:23 | It's the time reference first, so that way you can find it, that we can go |
| 569 | 00:47:23 --> 00:47:26 | into your charts without me mentioning it, because at the end of this month, |
| 570 | 00:47:26 --> 00:47:29 | that's it. We're not doing any more live pointing to this. I'm not calling |
| 571 | 00:47:29 --> 00:47:33 | out anything. Whatever I do is going to be after the fact, hindsight. |
| 572 | 00:47:33 --> 00:47:38 | Talking about this is what I did, and how you can do it too, the pointing to |
| 573 | 00:47:38 --> 00:47:44 | it before it happens that ends this month. So the things I've taught you, |
| 574 | 00:47:44 --> 00:47:48 | it will serve you well, because it's something that will allow you to go |
| 575 | 00:47:48 --> 00:47:52 | right into your charts and say, Okay, here's that 30 minute window of time |
| 576 | 00:47:52 --> 00:47:55 | that I gotta just wait for the very first fair value gap to form in this |
| 577 | 00:47:55 --> 00:48:01 | time window, on this time frame, one minute chart, that information is |
| 578 | 00:48:01 --> 00:48:05 | gold. It's the golden ticket to the Chocolate Factory. Okay? I'm Willy |
| 579 | 00:48:05 --> 00:48:09 | Wonka, and everybody's getting a golden ticket, and you have to pay for |
| 580 | 00:48:09 --> 00:48:12 | it. And nothing can beat it. Nothing's better than it. Nothing's more |
| 581 | 00:48:12 --> 00:48:18 | precise, nothing's more consistent. Hello. You're welcome, and I'll talk |
| 582 | 00:48:18 --> 00:48:20 | to you next time. Be safe. You. |