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2 |1 |00:00:20 ~-~-> 00:00:40 |ICT: You. Welcome back, folks. How are you all right? So this is a review for
3 |2 |00:00:40 ~-~-> 00:00:45 |weekending. May 16, 2025, right?
4 |3 |00:00:50 ~-~-> 00:00:54 |So we're looking at the weekly chart here. This is a continuous chart, so
5 |4 |00:00:54 ~-~-> 00:00:58 |to make sure everybody understands what we're looking at, time wise, and
6 |5 |00:00:58 ~-~-> 00:01:04 |what specific chart on NASDAQ, you can see, let me add some lipstick in here.
7 |6 |00:01:05 ~-~-> 00:01:12 |If you look at the wick, here, it is a premium wick, and consequence of that
8 |7 |00:01:12 ~-~-> 00:01:23 |wick is here. And then I graded the lower quadrant and half of that wick.
9 |8 |00:01:23 ~-~-> 00:01:27 |You can see all of the details in here. And I think should we get
10 |9 |00:01:27 ~-~-> 00:01:37 |through this city? One, 940, 1.75 is the bullish draw on liquidity. Now,
11 |10 |00:01:37 ~-~-> 00:01:42 |obviously it's Sunday, early morning hours here in the east coast of United
12 |11 |00:01:42 ~-~-> 00:01:49 |States. So the market is not open. It is not giving me the opening price. So
13 |12 |00:01:49 ~-~-> 00:01:54 |without knowing that, I'm only looking at the likelihood of a continuation of
14 |13 |00:01:54 ~-~-> 00:02:02 |what's already underway. The top of the city is here at 21,006 60 even,
15 |14 |00:02:03 ~-~-> 00:02:11 |and we traded right up into that upper quadrant of that one this particular
16 |15 |00:02:11 ~-~-> 00:02:16 |trading week. All the details on here, you can look at that and study out on
17 |16 |00:02:16 ~-~-> 00:02:20 |your own, but I'm just focusing up here. I'm trying to avoid trying to
18 |17 |00:02:20 ~-~-> 00:02:26 |pick a top as you should as well. So if we see things that are aligned with
19 |18 |00:02:26 ~-~-> 00:02:30 |looking for higher prices throughout this week, looking for these
20 |19 |00:02:30 ~-~-> 00:02:38 |individual levels here, more specifically, 21 940, 1.75 and then if
21 |20 |00:02:38 ~-~-> 00:02:44 |we can get above the bounce point according to this premium wick, which
22 |21 |00:02:44 ~-~-> 00:02:52 |is the black top line here, if we get about 22, 103, that level being
23 |22 |00:02:52 ~-~-> 00:03:00 |breached would Send this into a continuation to all time highs. I All
24 |23 |00:03:01 ~-~-> 00:03:02 |right,
25 |24 |00:03:12 ~-~-> 00:03:15 |dropping down into the daily chart, same levels, just adding a little bit
26 |25 |00:03:15 ~-~-> 00:03:16 |more detail in here.
27 |26 |00:03:21 ~-~-> 00:03:26 |Inside this range, we may bang around for a few days or jump right out the
28 |27 |00:03:26 ~-~-> 00:03:34 |gate and run into that premium wick on the weekly chart. This in here needs
29 |28 |00:03:34 ~-~-> 00:03:38 |to stay open, in my opinion, because we've gained so much ground for them
30 |29 |00:03:38 ~-~-> 00:03:41 |to come all the way back down into this area in here, problematic, and
31 |30 |00:03:41 ~-~-> 00:03:50 |then it probably range around and chop in between the low of this 21,001 21
32 |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.
33 |32 |00:03:59 ~-~-> 00:04:02 |I'd like to see it remain bullish. Otherwise it becomes very, very
34 |33 |00:04:02 ~-~-> 00:04:07 |difficult, and we could start seeing it do these types of things, if it
35 |34 |00:04:07 ~-~-> 00:04:08 |gets back down in here, all
36 |35 |00:04:14 ~-~-> 00:04:18 |right, dropping down into a 15 minute time frame. The Red level here,
37 |36 |00:04:18 ~-~-> 00:04:21 |obviously you can see that is being carried from the higher Time Frame
38 |37 |00:04:21 ~-~-> 00:04:26 |charts, so that it's going to be in the entire slides until we get to the
39 |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
40 |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
41 |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
42 |41 |00:04:37 ~-~-> 00:04:41 |right? So you can see how we work these levels here. These are all the
43 |42 |00:04:41 ~-~-> 00:04:52 |quadrant levels in that weekly city, working around the 21,400 level or
44 |43 |00:04:52 ~-~-> 00:04:57 |thereabouts. Now, if you look real close, you can see there is a big
45 |44 |00:04:57 ~-~-> 00:05:05 |cell, solid liquidity pool. So. Are resting around the 21,300 level. That
46 |45 |00:05:05 ~-~-> 00:05:10 |might be an issue if we gap down. For instance, on Sundays opening, if we
47 |46 |00:05:10 ~-~-> 00:05:14 |gap down, I would look for them to take this low here and maybe even
48 |47 |00:05:14 ~-~-> 00:05:21 |color it down into this low here. Okay, but we've already done enough
49 |48 |00:05:21 ~-~-> 00:05:25 |damage down here that if they come down for these and start the refresh,
50 |49 |00:05:25 ~-~-> 00:05:30 |go back higher that that's fine by me, but the go below this low, and then
51 |50 |00:05:30 ~-~-> 00:05:35 |we've already unsettled the sales thoughts over here, with that run made
52 |51 |00:05:35 ~-~-> 00:05:40 |a higher high. So this is the only reasonable sell side liquidity pool.
53 |52 |00:05:40 ~-~-> 00:05:45 |Read that, I think is useful. But if we go below this one, then we're
54 |53 |00:05:45 ~-~-> 00:05:50 |probably problematic, and we could start seeing accelerations down into
55 |54 |00:05:50 ~-~-> 00:05:56 |this if this gives up the ghost. Okay, so these are just scenarios I'm
56 |55 |00:05:56 ~-~-> 00:06:00 |weighing out before the new week opens. Nobody knows where the new week
57 |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
58 |57 |00:06:03 ~-~-> 00:06:07 |if it's going to gap lower, or if it's going to open unchanged from Friday
59 |58 |00:06:07 ~-~-> 00:06:14 |settlement price. So speculating on the initial bias. Is it 100% you know
60 |59 |00:06:17 ~-~-> 00:06:22 |the procedure that I would encourage you to do, because anything can
61 |60 |00:06:22 ~-~-> 00:06:26 |happen. Something can happen somewhere in the world, bombs are dropping,
62 |61 |00:06:26 ~-~-> 00:06:32 |anything geopolitical, and cause a crazy opening gap that would be
63 |62 |00:06:32 ~-~-> 00:06:36 |completely out of left field. Nobody expecting it. So you have to submit
64 |63 |00:06:36 ~-~-> 00:06:39 |yourself to six o'clock Eastern time, see where the open price. And then you
65 |64 |00:06:39 ~-~-> 00:06:42 |can start weighing out all your scenarios. But I just gave you both
66 |65 |00:06:42 ~-~-> 00:06:47 |scenarios. Both scenarios that would give me guess the narrative I would
67 |66 |00:06:47 ~-~-> 00:06:55 |operate under. If we gap in a lower gap opening, we're looking for that
68 |67 |00:06:55 ~-~-> 00:06:59 |low and that low for the South Side resting below that to remain bullish,
69 |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
70 |69 |00:07:04 ~-~-> 00:07:07 |it's not that here's Plan A, here's Plan B, and whatever happens, I'm
71 |70 |00:07:07 ~-~-> 00:07:11 |going to come back and share things I see. How right I am. This is a matter
72 |71 |00:07:11 ~-~-> 00:07:16 |of weighing out what happened at Sunday's opening price, and you have
73 |72 |00:07:16 ~-~-> 00:07:21 |to have a trading plan of how you're going to engage based on how the
74 |73 |00:07:21 ~-~-> 00:07:26 |opening is on Sunday, at six o'clock, and what is pertinent in the market
75 |74 |00:07:26 ~-~-> 00:07:33 |right now, what's what's available for liquidity? They left the high up here
76 |75 |00:07:33 ~-~-> 00:07:41 |on Thursday. So if you look at that, there's a big pool of liquidity left
77 |76 |00:07:41 ~-~-> 00:07:47 |up here, and they could have baited with this late, late, late sell off
78 |77 |00:07:47 ~-~-> 00:07:52 |before the settlement at five o'clock Friday. So we'll see all
79 |78 |00:07:57 ~-~-> 00:08:02 |right, drop down to a one minute chart, looking at this chart like
80 |79 |00:08:02 ~-~-> 00:08:09 |this, while we're inside of that larger weekly city, I want you to take
81 |80 |00:08:09 ~-~-> 00:08:13 |consideration about how I teach first presented fair value gap for the am
82 |81 |00:08:13 ~-~-> 00:08:17 |session. So during the opening range of 930 to 10 o'clock in the morning,
83 |82 |00:08:18 ~-~-> 00:08:23 |as I was teaching the concept, because it's around the model that I'm taught
84 |83 |00:08:23 ~-~-> 00:08:30 |my son, Caleb, I gave him very specific rules so he would have to use
85 |84 |00:08:30 ~-~-> 00:08:34 |the very first presented fair value gap that he could use would be at 931
86 |85 |00:08:34 ~-~-> 00:08:41 |Eastern Time, between 931 and 10 o'clock, the very first fair value gap
87 |86 |00:08:41 ~-~-> 00:08:48 |that forms on a one minute chart, that is his gap to use. Extend that
88 |87 |00:08:48 ~-~-> 00:08:51 |throughout the day and throughout the week, and you'll see how they're used
89 |88 |00:08:51 ~-~-> 00:08:56 |over and over and over again. You mentioned at the time, when I first
90 |89 |00:08:56 ~-~-> 00:09:02 |introduced this concept, I said that he would learn by experience. When he
91 |90 |00:09:02 ~-~-> 00:09:08 |could use the 931, minute fair value gap, it would take some time in
92 |91 |00:09:08 ~-~-> 00:09:13 |looking at certain things. So I'm ringing in that now because I executed
93 |92 |00:09:13 ~-~-> 00:09:16 |on it on Friday. You can watch the video that was posted prior to this
94 |93 |00:09:16 ~-~-> 00:09:25 |one. I want you to consider this candlestick right here. Now, normally
95 |94 |00:09:25 ~-~-> 00:09:31 |this would be your first presented fair value gap, but there's a criteria
96 |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
97 |96 |00:09:36 ~-~-> 00:09:41 |percent of fair value gap. Now there's nothing inherently wrong with using
98 |97 |00:09:41 ~-~-> 00:09:45 |this one, you know, if you extend that throughout the day, eventually you'll
99 |98 |00:09:45 ~-~-> 00:09:47 |get something over here in the afternoon, but you're going to
100 |99 |00:09:47 ~-~-> 00:09:51 |discover that it's gets real wild in here, and it doesn't respect it as
101 |100 |00:09:51 ~-~-> 00:09:55 |much as the level of that 931 minute candlestick. You.
102 |101 |00:10:02 ~-~-> 00:10:04 |All right. So take a look in the lower right hand corner. You can see that
103 |102 |00:10:04 ~-~-> 00:10:10 |the chart now is toggled to regular trading hours, R, T, H, okay, so we're
104 |103 |00:10:10 ~-~-> 00:10:14 |going to see the gap, the difference between previous day's settlement
105 |104 |00:10:14 ~-~-> 00:10:24 |price at 4:14pm eastern time to where we open at 930 eastern time the very
106 |105 |00:10:24 ~-~-> 00:10:29 |next trading day. So it's not showing you all the fluctuations in price
107 |106 |00:10:29 ~-~-> 00:10:36 |overnight in Asia, in London and then before the new am session at 930
108 |107 |00:10:37 ~-~-> 00:10:44 |Eastern time. So you have to be aware of that price action still, but you
109 |108 |00:10:44 ~-~-> 00:10:48 |can't ignore regular trading hour structure, which is what we're showing
110 |109 |00:10:48 ~-~-> 00:10:53 |here. Okay, so if you take a very close look at where we opened up from,
111 |110 |00:10:53 ~-~-> 00:11:00 |where we settled previous Thursday, at 4:14pm, Eastern Time, we have a very
112 |111 |00:11:00 ~-~-> 00:11:06 |large premium gap that opening price here does two things. Number one, it
113 |112 |00:11:06 ~-~-> 00:11:12 |triggers initial desire to want to be a buyer. Because a lot of retail
114 |113 |00:11:12 ~-~-> 00:11:17 |traders just see the price being flashed on the screen. It's like,
115 |114 |00:11:17 ~-~-> 00:11:22 |well, yeah, it's a strong opening. But what do we do after we open? That's
116 |115 |00:11:22 ~-~-> 00:11:26 |that's what a professional perspective is, not. Where are we at? Relationship
117 |116 |00:11:26 ~-~-> 00:11:30 |from the previous days closed to today's open? That's retail. That
118 |117 |00:11:30 ~-~-> 00:11:35 |perspective, that measurement of bullishness or bearishness, is
119 |118 |00:11:35 ~-~-> 00:11:41 |identified through that lens, but a professional sees it from. Where do we
120 |119 |00:11:41 ~-~-> 00:11:46 |open at and how do we close based on that open and you want to think about
121 |120 |00:11:46 ~-~-> 00:11:50 |that for your sessions, not necessarily just limiting it to daily
122 |121 |00:11:50 ~-~-> 00:11:54 |range in its entirety. You want to be thinking about from the beginning at
123 |122 |00:11:54 ~-~-> 00:11:58 |930 to say, 11 o'clock in the morning, Eastern Time. So that's your am
124 |123 |00:11:58 ~-~-> 00:12:05 |session. Same thing for the afternoon. Where do we start trading at 1:30pm
125 |124 |00:12:06 ~-~-> 00:12:10 |eastern time for that opening range for the pm session? What's that
126 |125 |00:12:10 ~-~-> 00:12:17 |opening price? The very first tick at nine, at 130 then where we close at
127 |126 |00:12:17 ~-~-> 00:12:23 |four o'clock? That could be your entire afternoon range and where we
128 |127 |00:12:23 ~-~-> 00:12:28 |open versus where we close. That's the professional measurement of the lay of
129 |128 |00:12:28 ~-~-> 00:12:35 |the land, how the market is delivered. So simply stated, we have a very high
130 |129 |00:12:35 ~-~-> 00:12:38 |premium opening here. But if you're looking at regular trading hours,
131 |130 |00:12:38 ~-~-> 00:12:42 |you're going to see that they opened it up above regular trading hours
132 |131 |00:12:42 ~-~-> 00:12:49 |relative equal highs. So in here we have Thursday's regular trading hours,
133 |132 |00:12:49 ~-~-> 00:12:58 |buy side liquidity, and now looking at this right there, this is your first
134 |133 |00:12:58 ~-~-> 00:13:08 |presented fair value gap, because it's done a raid on previous early trading
135 |134 |00:13:08 ~-~-> 00:13:13 |hours relative equal highs. And now with that opening here, we measure the
136 |135 |00:13:13 ~-~-> 00:13:18 |opening range gap to find the consequent encroachment of that soon
137 |136 |00:13:18 ~-~-> 00:13:22 |as we get the opening price, right there, right there, boom. You know
138 |137 |00:13:22 ~-~-> 00:13:25 |that you're looking for 70% likelihood it's going to pull back into that
139 |138 |00:13:25 ~-~-> 00:13:33 |opening range gap, 50% of it. Okay, so that's important to understand. When
140 |139 |00:13:33 ~-~-> 00:13:41 |we see this, it's almost as if you have X ray vision, and you can read
141 |140 |00:13:41 ~-~-> 00:13:45 |what price is reaching for and how it's engaging liquidity from both the
142 |141 |00:13:45 ~-~-> 00:13:51 |regular trading hours market structure and also incorporating the same ideas
143 |142 |00:13:51 ~-~-> 00:13:55 |with the electronic trading hours market structure, which we'll look at
144 |143 |00:13:55 ~-~-> 00:14:02 |in a moment. But this right here, that consequent encroachment is that level
145 |144 |00:14:02 ~-~-> 00:14:06 |right there. So it comes up later on, hits it. And if you look real close,
146 |145 |00:14:06 ~-~-> 00:14:11 |there's going to be minor buy side liquidity rating here. So this white
147 |146 |00:14:11 ~-~-> 00:14:16 |box is the opening range gap for the am session. So that's 930 to 10
148 |147 |00:14:16 ~-~-> 00:14:23 |o'clock, that measurement. And we're looking for where we settled
149 |148 |00:14:23 ~-~-> 00:14:28 |previously, which is here and where we open, and that's what we're we're
150 |149 |00:14:28 ~-~-> 00:14:32 |showing a depiction of that. Okay, so we're blending two elements there,
151 |150 |00:14:32 ~-~-> 00:14:38 |time and price, and we're also blending in the elements of regular
152 |151 |00:14:38 ~-~-> 00:14:43 |trading hours, time and market structure and electronic trading hours
153 |152 |00:14:44 ~-~-> 00:14:48 |and market structure. So what do I mean by that? Well, before we do that,
154 |153 |00:14:48 ~-~-> 00:14:54 |I want you to notice that we have all this run up in here without having the
155 |154 |00:14:54 ~-~-> 00:14:59 |need to take out that low I want you to take a look in this little area
156 |155 |00:14:59 ~-~-> 00:15:03 |right in here, and. See if there's anything useful that you might see as
157 |156 |00:15:04 ~-~-> 00:15:10 |obviously, for you, it's going to be hindsight, but for an educators moment
158 |157 |00:15:10 ~-~-> 00:15:13 |to point out something to observe before we get further into the video
159 |158 |00:15:14 ~-~-> 00:15:19 |inside this area in here, if you don't take this low out and you're expecting
160 |159 |00:15:19 ~-~-> 00:15:22 |the market to break down, what might you consider in this little area in
161 |160 |00:15:22 ~-~-> 00:15:34 |here? Pause the video. I'm not going to pause the video. Michael, drop down
162 |161 |00:15:34 ~-~-> 00:15:39 |to the one minute chart. Now, I had this compressed and I'm showing it
163 |162 |00:15:39 ~-~-> 00:15:44 |through electronic trading hours now, so I've toggled my my eth, R, T, H,
164 |163 |00:15:44 ~-~-> 00:15:50 |back to electronic trading hours. I have the range shown here that makes
165 |164 |00:15:50 ~-~-> 00:15:57 |the opening range gap. That's that white shaded box here, if we're
166 |165 |00:15:57 ~-~-> 00:16:04 |looking at how the market trades from register trading hours and electronic
167 |166 |00:16:04 ~-~-> 00:16:08 |trading hours, you have to look at the stops that are there. You have to look
168 |167 |00:16:08 ~-~-> 00:16:13 |at how the market delivers to inefficiencies, from inefficiencies to
169 |168 |00:16:13 ~-~-> 00:16:19 |liquidity, from liquidity to inefficiencies and stripped down.
170 |169 |00:16:19 ~-~-> 00:16:22 |Let's just say you were looking at just the electronic trading hours
171 |170 |00:16:22 ~-~-> 00:16:27 |only, and you didn't even refer to regular trading hours. I teach you
172 |171 |00:16:27 ~-~-> 00:16:30 |that going back from pre market session, seven o'clock in the morning,
173 |172 |00:16:30 ~-~-> 00:16:36 |Eastern Time, to 930 opening bell, that 90 minute window of time that
174 |173 |00:16:36 ~-~-> 00:16:40 |could be your entire trading canvas, where you you do all your work there,
175 |174 |00:16:40 ~-~-> 00:16:44 |and you don't care what it does after the opening bell. Opening bell, it's
176 |175 |00:16:44 ~-~-> 00:16:53 |plenty of opportunity to do that. Or you want to use a session trading to
177 |176 |00:16:53 ~-~-> 00:16:58 |give yourself a little bit of a buffer, and then trade heavier handed
178 |177 |00:16:58 ~-~-> 00:17:01 |after you get the opening range and the true understanding of where the
179 |178 |00:17:01 ~-~-> 00:17:05 |market's going to go after 930 opening. That's a little bit more
180 |179 |00:17:05 ~-~-> 00:17:08 |advanced. That's what I usually do when I'm running up the accounts. I'll
181 |180 |00:17:08 ~-~-> 00:17:12 |do things like that. I'll build in a buffer right before the major session
182 |181 |00:17:12 ~-~-> 00:17:16 |I'm looking to trade, and that might be the afternoon. It might be I'm not
183 |182 |00:17:16 ~-~-> 00:17:20 |trading in the morning because FOMC rate announcements coming out later in
184 |183 |00:17:20 ~-~-> 00:17:25 |afternoon. So I will do very, very little light handed trading pre
185 |184 |00:17:25 ~-~-> 00:17:28 |session, because I know usually the morning session is going to be quiet,
186 |185 |00:17:28 ~-~-> 00:17:34 |lethargic, choppy, and then after the initial distribution of price higher,
187 |186 |00:17:34 ~-~-> 00:17:41 |lower, at the 230 conference, when they're now going to listen to the Fed
188 |187 |00:17:41 ~-~-> 00:17:45 |Chairman speak. That's usually the real move. And because I've done
189 |188 |00:17:45 ~-~-> 00:17:49 |something early in the day, I've patted myself out, I would be willing
190 |189 |00:17:49 ~-~-> 00:17:54 |to risk 7550 to 75% of whatever I earned in that light handed trading to
191 |190 |00:17:54 ~-~-> 00:17:59 |leverage into what I think is the real move in the afternoon. So these are
192 |191 |00:17:59 ~-~-> 00:18:05 |some of the things that I like to do, and how I use planned leverage and
193 |192 |00:18:06 ~-~-> 00:18:09 |light handed trading, where I build a little buffer for the real big,
194 |193 |00:18:09 ~-~-> 00:18:14 |impactful event I'm trying to actually trade that day or session. But if I
195 |194 |00:18:15 ~-~-> 00:18:19 |take your attention back to some of the things I've taught using the
196 |195 |00:18:19 ~-~-> 00:18:23 |obvious pools of liquidity that they cannot hide it from you. Okay? You
197 |196 |00:18:23 ~-~-> 00:18:26 |don't need level two data. You don't need volume profile. You don't need
198 |197 |00:18:26 ~-~-> 00:18:29 |any you don't need any hand stuff. Okay, you don't need none of those
199 |198 |00:18:29 ~-~-> 00:18:33 |things, but it makes you feel and look intelligent in the eyes of other
200 |199 |00:18:33 ~-~-> 00:18:37 |people when they look at your chart. It seems scientific, but it's
201 |200 |00:18:37 ~-~-> 00:18:43 |simplistically shown by looking at time first. So if we're looking at the
202 |201 |00:18:43 ~-~-> 00:18:49 |930 opening range, Eastern Time for equities open, going back in time,
203 |202 |00:18:49 ~-~-> 00:18:52 |what's the first thing you're going to run into? London? Sessions, liquidity?
204 |203 |00:18:52 ~-~-> 00:18:57 |Well, here you go. Here's London's low. What happens prior to that? Asia
205 |204 |00:18:57 ~-~-> 00:19:03 |sessions low. So those are two levels that we would be looking for when we
206 |205 |00:19:03 ~-~-> 00:19:09 |have the market opening up trading above this short term high, this short
207 |206 |00:19:09 ~-~-> 00:19:17 |term high here, and then bumping it right there at the open so just think,
208 |207 |00:19:17 ~-~-> 00:19:21 |just think about that for a second. Okay, we have a blending of a blending
209 |208 |00:19:21 ~-~-> 00:19:25 |of regular trading hours and electronic trading hours to see, kind
210 |209 |00:19:25 ~-~-> 00:19:30 |of like an envelope, a barrier at which we want to see price reaching
211 |210 |00:19:30 ~-~-> 00:19:36 |for obvious pools of liquidity that doesn't need level two data is
212 |211 |00:19:36 ~-~-> 00:19:41 |pointing to, where was the high at, where was the low at in the Asian
213 |212 |00:19:41 ~-~-> 00:19:47 |session, in the London session, and now we're building them for the
214 |213 |00:19:47 ~-~-> 00:19:51 |morning session that can be used for the afternoon or lunch macro. So
215 |214 |00:19:55 ~-~-> 00:19:59 |this little bump up here taking out that high, that's something I point.
216 |215 |00:20:00 ~-~-> 00:20:05 |It out to in one of my students live streams, Dasha. You know her as Lu
217 |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
218 |217 |00:20:10 ~-~-> 00:20:17 |be looking for 21,003 60, and that's based on London low. Okay, so I have
219 |218 |00:20:17 ~-~-> 00:20:21 |witnesses over there that'll corroborate and say, Yeah, he did
220 |219 |00:20:21 ~-~-> 00:20:26 |that, but without having the need to do that type of thing. I mean,
221 |220 |00:20:26 ~-~-> 00:20:28 |obviously I've been doing this enough. Now, if you've been following me, if
222 |221 |00:20:28 ~-~-> 00:20:31 |you're a student, you know that there's no hindsight required. I'm
223 |222 |00:20:31 ~-~-> 00:20:36 |pointing to these things. I just want you to look for these types of
224 |223 |00:20:36 ~-~-> 00:20:40 |conditions, these setups, these parameters, so that way you can start
225 |224 |00:20:40 ~-~-> 00:20:44 |to formulate a routine that you follow every single session. You're not
226 |225 |00:20:44 ~-~-> 00:20:47 |trying to reinvent the wheel. You're not trying to complicate it. You're
227 |226 |00:20:47 ~-~-> 00:20:51 |not trying to bring every tool, every aspect of whatever I've taught into
228 |227 |00:20:51 ~-~-> 00:20:55 |every situation, because every situation doesn't warrant every PD
229 |228 |00:20:55 ~-~-> 00:20:59 |array, every school of thought that ICT has ever codified. And you know
230 |229 |00:20:59 ~-~-> 00:21:03 |that's that's you as a student, or that's someone that doesn't want to
231 |230 |00:21:03 ~-~-> 00:21:06 |learn how to use this thought. They just see all these tools, these these
232 |231 |00:21:06 ~-~-> 00:21:09 |concepts, these procedures, and they think, Oh, this is who's going to do
233 |232 |00:21:09 ~-~-> 00:21:14 |all that. Well, there's, there's no application ever by me, or a
234 |233 |00:21:15 ~-~-> 00:21:19 |instruction by me to try to throw everything I have into every
235 |234 |00:21:19 ~-~-> 00:21:23 |situation. Right now, looking at a chart, you're not going to have every
236 |235 |00:21:23 ~-~-> 00:21:30 |PDA right there. That's why knowing all of them generally is a good thing,
237 |236 |00:21:30 ~-~-> 00:21:35 |but you're going to specialize in one or two, and that's all you need. And
238 |237 |00:21:36 ~-~-> 00:21:42 |your setup might not form that given moment, and you let it go, and you
239 |238 |00:21:42 ~-~-> 00:21:47 |trust that you'll find another setup or and this is my hope, that you'll
240 |239 |00:21:47 ~-~-> 00:21:50 |learn a lot of the continuation patterns that I teach with PD arrays,
241 |240 |00:21:50 ~-~-> 00:21:57 |like volume imbalances, mitigation blocks, institutional or entry drills.
242 |241 |00:21:57 ~-~-> 00:22:00 |You know that that type of thing, that's why it's beneficial for you to
243 |242 |00:22:00 ~-~-> 00:22:06 |know, like month fours content, in my core content, mentorship lessons, you
244 |243 |00:22:06 ~-~-> 00:22:10 |can find that on the YouTube channel where I'm teaching the PD array matrix
245 |244 |00:22:10 ~-~-> 00:22:15 |and the general introduction to the basic PD arrays, not all 81 of them,
246 |245 |00:22:15 ~-~-> 00:22:19 |but just the the most pertinent ones that I think that's going to be easy
247 |246 |00:22:19 ~-~-> 00:22:23 |for the majority of all of you as retail traders, being able to see that
248 |247 |00:22:23 ~-~-> 00:22:27 |in price action and how useful they are. So I want you to take a look at
249 |248 |00:22:27 ~-~-> 00:22:32 |this buy side liquidity here, taken, buy sell liquidity here, taken, buy
250 |249 |00:22:32 ~-~-> 00:22:38 |sell liquidity here, taken, and we're seeing this occur in electronic
251 |250 |00:22:38 ~-~-> 00:22:44 |trading hours that leads to that big pump up that keeps us above the
252 |251 |00:22:44 ~-~-> 00:22:49 |relative equal highs in the regular trading hours. Remember, we're looking
253 |252 |00:22:49 ~-~-> 00:22:54 |at electronic trading hours here. Okay, so this is one of the things
254 |253 |00:22:54 ~-~-> 00:22:59 |that new students with me, or those that maybe already trade but never
255 |254 |00:22:59 ~-~-> 00:23:03 |know how to consider regular trading hours versus the effects of electronic
256 |255 |00:23:03 ~-~-> 00:23:07 |trading hours market structure. You have to blend both of them, and if you
257 |256 |00:23:07 ~-~-> 00:23:10 |think that's a complication, I'm sorry, but it's going to require a
258 |257 |00:23:10 ~-~-> 00:23:15 |little bit of thought, Okay, you're trading against the most elite minds
259 |258 |00:23:15 ~-~-> 00:23:23 |in the financial world markets arena. You're literally up against
260 |259 |00:23:23 ~-~-> 00:23:29 |juggernauts with billions and billions of dollars behind them and complaining
261 |260 |00:23:29 ~-~-> 00:23:33 |about how, you know, this should be easier for me, then I'm not your
262 |261 |00:23:33 ~-~-> 00:23:36 |mentor. You need to go find somebody else, find somebody who's moving
263 |262 |00:23:36 ~-~-> 00:23:39 |average, crossover indicator, that type of stuff, and just do really,
264 |263 |00:23:39 ~-~-> 00:23:42 |really good risk management, and you might be profitable. Yeah, and I wish
265 |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
266 |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
267 |266 |00:23:50 ~-~-> 00:23:53 |know how I can formulate a plan that the algorithm will refer back to the
268 |267 |00:23:53 ~-~-> 00:23:59 |same things I'm teaching you. Everything stems from time, delivery
269 |268 |00:24:00 ~-~-> 00:24:04 |and then price. It's time for the market to do something before price
270 |269 |00:24:04 ~-~-> 00:24:09 |will do it. That's it. The only time it doesn't occur like that is when
271 |270 |00:24:09 ~-~-> 00:24:12 |there's a geopolitical upset, some kind of thing that you didn't see, a
272 |271 |00:24:12 ~-~-> 00:24:17 |terrorist attack, a bombing, a war breaks out, an assassination, a
273 |272 |00:24:17 ~-~-> 00:24:24 |terrible earthquake rocks a specific area, anything of that nature, that's
274 |273 |00:24:24 ~-~-> 00:24:30 |an act of God. You just can't predict those types of things. So apart from
275 |274 |00:24:30 ~-~-> 00:24:35 |those things occurring in manual intervention, markets going to book by
276 |275 |00:24:36 ~-~-> 00:24:40 |time based delivery first and it's going to refer to price when it's time
277 |276 |00:24:40 ~-~-> 00:24:44 |to refer to price. That's what an algorithm does. That's what this price
278 |277 |00:24:44 ~-~-> 00:24:50 |engine does. There is absolutely one algorithm on every instrument that is
279 |278 |00:24:50 ~-~-> 00:24:56 |delivering price. It's not buying and selling pressure. It's this engine
280 |279 |00:24:56 ~-~-> 00:25:01 |that keeps pushing offering higher prices no matter. How many people want
281 |280 |00:25:01 ~-~-> 00:25:03 |to sell it? That's going to keep ticking and keep ticking, keep
282 |281 |00:25:03 ~-~-> 00:25:06 |ticking, offering higher prices. And because there's people always coming
283 |282 |00:25:06 ~-~-> 00:25:09 |in at market orders, and because there's pending orders, there's always
284 |283 |00:25:09 ~-~-> 00:25:12 |going to be a price that they can use that the book. You only need one
285 |284 |00:25:12 ~-~-> 00:25:18 |contract to cause the price to create the candlestick at that higher low.
286 |285 |00:25:18 ~-~-> 00:25:26 |You don't need big volume. The folks that believe in volume having any real
287 |286 |00:25:26 ~-~-> 00:25:33 |basis behind all this, it's infantile, because there's liquidity above the
288 |287 |00:25:33 ~-~-> 00:25:37 |high that never gets tapped. There's liquidity below the lows that never
289 |288 |00:25:37 ~-~-> 00:25:41 |gets tapped. What constitutes the reasons for why it doesn't get there,
290 |289 |00:25:41 ~-~-> 00:25:45 |because it's certainly not an unwillingness for people to buy and
291 |290 |00:25:45 ~-~-> 00:25:48 |sell just because it went to a specific level. There's people that
292 |291 |00:25:48 ~-~-> 00:25:52 |are stupid. They just they trade moon cycles and in horoscopes and things
293 |292 |00:25:52 ~-~-> 00:25:55 |like that. There's all kinds of nonsense that's constantly out there
294 |293 |00:25:55 ~-~-> 00:26:00 |causing people to be impulsive. So why does the market stop at my levels? Why
295 |294 |00:26:00 ~-~-> 00:26:04 |is it? Why does it respect those types of things? Because I'm aligned with
296 |295 |00:26:04 ~-~-> 00:26:08 |what the algorithm is going to do, I'm keying in on where the actual
297 |296 |00:26:08 ~-~-> 00:26:12 |liquidity is that you can just simply see visually. You don't need any kind
298 |297 |00:26:12 ~-~-> 00:26:16 |of instrument, any kind of service that tells you this is how many orders
299 |298 |00:26:16 ~-~-> 00:26:21 |are above or below this level or at this level. All those things could be
300 |299 |00:26:21 ~-~-> 00:26:25 |faked. Big institutions do that a lot. They'll put a big, big order, a block
301 |300 |00:26:25 ~-~-> 00:26:30 |of 500 600 1000 contracts at a specific level, because they know all
302 |301 |00:26:30 ~-~-> 00:26:36 |of you are constantly out here trying to find signs that the big guys are
303 |302 |00:26:36 ~-~-> 00:26:40 |doing. And then, because you see these big blocks orders, you're going to
304 |303 |00:26:40 ~-~-> 00:26:43 |naturally assume that, well, I think they're going to go up and get that
305 |304 |00:26:43 ~-~-> 00:26:46 |big order up there. So what's that going to do that's going to lull you
306 |305 |00:26:46 ~-~-> 00:26:50 |into and prime you to be a buyer, until we get up and hit that level,
307 |306 |00:26:52 ~-~-> 00:26:55 |when, in fact, what they're doing is that they're selling into that in
308 |307 |00:26:55 ~-~-> 00:26:59 |smaller blocks as it's going up there, but right before it gets close enough,
309 |308 |00:26:59 ~-~-> 00:27:04 |they pull that order away, that's spoofing. But you you don't think
310 |309 |00:27:04 ~-~-> 00:27:08 |that's going to be an issue for you, because everybody in the circles on
311 |310 |00:27:08 ~-~-> 00:27:14 |Reddit and Facebook groups and Instagram and tick tock and X, you all
312 |311 |00:27:14 ~-~-> 00:27:18 |think that that makes you scientific. It makes you a professional trader. It
313 |312 |00:27:18 ~-~-> 00:27:21 |makes you institutionally minded, because you have level two data, all
314 |313 |00:27:21 ~-~-> 00:27:29 |you have, all you have, is a myth, because those things don't make price
315 |314 |00:27:29 ~-~-> 00:27:32 |go up and down. There's a lot of those orders aren't even there. Actually,
316 |315 |00:27:32 ~-~-> 00:27:38 |when you see price go there over time, the order size starts to diminish. It
317 |316 |00:27:38 ~-~-> 00:27:41 |starts to diminish. It starts to diminish. And once you get there, look
318 |317 |00:27:41 ~-~-> 00:27:46 |at the time and sales. A lot of times the number of contracts that you saw
319 |318 |00:27:46 ~-~-> 00:27:50 |initially. They're not actually traded there. So how are you gonna have any
320 |319 |00:27:50 ~-~-> 00:27:55 |faith behind that? And it doesn't give you direction, because there's lots of
321 |320 |00:27:55 ~-~-> 00:28:00 |orders above and below market price. There's ladders above with price
322 |321 |00:28:00 ~-~-> 00:28:06 |levels and below market price. So what's making you feel so sure that
323 |322 |00:28:06 ~-~-> 00:28:11 |the number of contracts that you're looking at on this DOM depth of
324 |323 |00:28:11 ~-~-> 00:28:17 |market, it's not dumb. What constitutes the reasons why you should
325 |324 |00:28:17 ~-~-> 00:28:21 |expect the price going up that level or down to that level? When, if you
326 |325 |00:28:21 ~-~-> 00:28:25 |really look at it, it's generally a pretty much an even distribution of
327 |326 |00:28:26 ~-~-> 00:28:29 |how they bracket all those things. Because they're they're controlling
328 |327 |00:28:29 ~-~-> 00:28:33 |you, they're influencing you with those things. They can do a lot of
329 |328 |00:28:33 ~-~-> 00:28:39 |stuff just outside the range of market price. And a lot of you, collectively,
330 |329 |00:28:40 ~-~-> 00:28:44 |even though you're small fry retail traders, a lot of you are looking at
331 |330 |00:28:44 ~-~-> 00:28:49 |those things, and they only need one contract of your trading to book price
332 |331 |00:28:49 ~-~-> 00:28:52 |and cause all kinds of chaos and ripples to go through the marketplace.
333 |332 |00:28:53 ~-~-> 00:28:58 |So yes, they can use the back of a retail traders order and break the
334 |333 |00:28:58 ~-~-> 00:29:02 |market and start the spooling effect and take price wherever they want to
335 |334 |00:29:03 ~-~-> 00:29:09 |go. Markets don't always turn on big volume, and if you studied volume,
336 |335 |00:29:10 ~-~-> 00:29:15 |you'll know that a lot of times when the market makes a high, they're doing
337 |336 |00:29:15 ~-~-> 00:29:19 |it with less volume than the previous volume seen at the previous high. So
338 |337 |00:29:19 ~-~-> 00:29:25 |think of it as a false breakout. In that sense, volume does precede price,
339 |338 |00:29:25 ~-~-> 00:29:28 |but I already expect that type of stuff happen before volume ever even
340 |339 |00:29:28 ~-~-> 00:29:34 |comes into conversation. So I don't look at those archaic tools. There's
341 |340 |00:29:34 ~-~-> 00:29:38 |reference points, because I know how liquidity gonna come in the
342 |341 |00:29:38 ~-~-> 00:29:43 |marketplace. I know, and you don't need any of these external tools. All
343 |342 |00:29:43 ~-~-> 00:29:46 |you need is a chart, the open, high, low and close. And what time is the
344 |343 |00:29:47 ~-~-> 00:29:48 |high and low formed.
345 |344 |00:29:50 ~-~-> 00:29:56 |Asia session, London, session, pre market. Session, seven o'clock to 930
346 |345 |00:29:56 ~-~-> 00:30:01 |open, and then you have the 930 to 11. O'clock, where's your liquidity in
347 |346 |00:30:01 ~-~-> 00:30:05 |net? Because that's your am session. And then lunch macro will pull against
348 |347 |00:30:05 ~-~-> 00:30:10 |that, even it's going to stay consolidation, or if it's going to
349 |348 |00:30:10 ~-~-> 00:30:14 |reverse or continue, it's going to go back into the range for that liquidity
350 |349 |00:30:14 ~-~-> 00:30:20 |that was formed at 10 o'clock, going into whatever it has done during the
351 |350 |00:30:20 ~-~-> 00:30:24 |lunch hours. It does this every day, folks, every day it does that. And
352 |351 |00:30:24 ~-~-> 00:30:31 |then you had the pm session, which will use the lunch macro liquidity and
353 |352 |00:30:31 ~-~-> 00:30:36 |or the am session liquidity. And that cycle repeats over and over and over
354 |353 |00:30:36 ~-~-> 00:30:41 |again. They cannot hide it from you. They cannot cause any kind of
355 |354 |00:30:41 ~-~-> 00:30:45 |distortion in your data. Okay, everybody is going to have the same
356 |355 |00:30:45 ~-~-> 00:30:49 |price high and low across all the brokers, because you're trading in a
357 |356 |00:30:49 ~-~-> 00:30:52 |real market. You're not trading a CFD, you're not trading in forex, where
358 |357 |00:30:52 ~-~-> 00:30:57 |every broker gets to mess around with the highs and the lows. That's this.
359 |358 |00:30:57 ~-~-> 00:31:01 |What makes these markets better. They're a gentleman's market. They're
360 |359 |00:31:01 ~-~-> 00:31:05 |not a cowboy that wants a ride like on a crypto market where everybody gets a
361 |360 |00:31:05 ~-~-> 00:31:10 |chance to do stupid stuff. So that jaw bone a little bit there. I apologize,
362 |361 |00:31:12 ~-~-> 00:31:15 |but I want you to take a look at this area right in here,
363 |362 |00:31:20 ~-~-> 00:31:25 |zoomed in now, and I want you to see how, see all these highs here, just
364 |363 |00:31:25 ~-~-> 00:31:31 |falling short of this area, right in here, this city. So it's Unbound, buy
365 |364 |00:31:31 ~-~-> 00:31:38 |some inefficiency, minor buy side liquidity here, the market stays in
366 |365 |00:31:38 ~-~-> 00:31:44 |this consolidation. So at 930 we open, we hang around, bang around, bang
367 |366 |00:31:44 ~-~-> 00:31:47 |around, bang around, and finally retrace back up. Because if it's going
368 |367 |00:31:47 ~-~-> 00:31:51 |to go down, they're going to price in a premium, and they're going to take
369 |368 |00:31:51 ~-~-> 00:31:56 |out some measure of buy side. And that's this area right here, trades
370 |369 |00:31:56 ~-~-> 00:32:03 |right up into that level. And then breaks comes back up, breaks one more
371 |370 |00:32:03 ~-~-> 00:32:08 |time, and in here I'm looking for a short because we're in the lower
372 |371 |00:32:08 ~-~-> 00:32:23 |portions now of this city. Add in the other, which I'll have in my charts in
373 |372 |00:32:23 ~-~-> 00:32:27 |a second. But the way I teach first present the fair value gap this week,
374 |373 |00:32:27 ~-~-> 00:32:30 |I pointed out several of them, and you're instructed by me to always
375 |374 |00:32:30 ~-~-> 00:32:34 |project them in the future. So in trading view, you just toggle it
376 |375 |00:32:34 ~-~-> 00:32:38 |extend to the right. And if you do that and you label them as you'll see
377 |376 |00:32:38 ~-~-> 00:32:42 |mine in a moment. It helps you stay organized. But you don't have to have
378 |377 |00:32:42 ~-~-> 00:32:45 |the all these things on your chart that you're looking at every day, all
379 |378 |00:32:45 ~-~-> 00:32:50 |day long. You should always have a naked chart, nothing on it, because it
380 |379 |00:32:50 ~-~-> 00:32:56 |allows you to see things with a blank slate or a canvas that doesn't have
381 |380 |00:32:56 ~-~-> 00:33:01 |any paint on it. It gives you a fresh perspective constantly. So throughout
382 |381 |00:33:01 ~-~-> 00:33:05 |the day, throughout the morning session, the afternoon session, I'll
383 |382 |00:33:05 ~-~-> 00:33:08 |take everything off my chart and look at price action like that. So that
384 |383 |00:33:08 ~-~-> 00:33:12 |way, I'm not marrying the idea. I'm not forcing my will in the
385 |384 |00:33:12 ~-~-> 00:33:17 |marketplace. Because by having all these annotations on the chart, if I'm
386 |385 |00:33:17 ~-~-> 00:33:20 |making examples for you, and I'm executing and taking live trades,
387 |386 |00:33:20 ~-~-> 00:33:25 |these annotations are not necessarily on my chart when I'm trading, because
388 |387 |00:33:26 ~-~-> 00:33:33 |I don't want to force that outcome on my end result expectations. And you
389 |388 |00:33:33 ~-~-> 00:33:38 |can do that by addressing your chart a lot, and by managing the information
390 |389 |00:33:38 ~-~-> 00:33:43 |that you're curating, taking all these things, first present to fair value
391 |390 |00:33:43 ~-~-> 00:33:47 |gaps, new week opening gaps, New Day opening gaps. I have nothing on my
392 |391 |00:33:47 ~-~-> 00:33:51 |chart, no reference at all to those there, like I'm not looking at new
393 |392 |00:33:51 ~-~-> 00:33:55 |week opening gaps or New Day opening gaps in any things I'm showing you
394 |393 |00:33:55 ~-~-> 00:34:00 |here today, all of those things add, but you don't have to apply it to
395 |394 |00:34:00 ~-~-> 00:34:06 |every, not to every, to the chart you're looking at your your Bellwether
396 |395 |00:34:06 ~-~-> 00:34:10 |chart, the one you look at basically majority of the time throughout the
397 |396 |00:34:10 ~-~-> 00:34:13 |trading sessions that you're trading. You want to have templates. You want
398 |397 |00:34:13 ~-~-> 00:34:17 |to have things that you can toggle and refer back to periodically, like every
399 |398 |00:34:17 ~-~-> 00:34:21 |couple minutes you and say, Where are we at? In regards to the last five new
400 |399 |00:34:21 ~-~-> 00:34:24 |day opening gaps. Where are we at in regards to the last five new week
401 |400 |00:34:24 ~-~-> 00:34:32 |opening gaps? Where are we in regards to in the Asian session liquidity from
402 |401 |00:34:32 ~-~-> 00:34:37 |earlier in the week, Monday or Tuesday or Wednesday? You want to constantly
403 |402 |00:34:37 ~-~-> 00:34:41 |be referring to all those pools of liquidity, and you will start to see
404 |403 |00:34:41 ~-~-> 00:34:45 |the rhyme and reason of what price is doing, but until you start keeping a
405 |404 |00:34:45 ~-~-> 00:34:48 |log of all these things, you won't fully appreciate what I've been what
406 |405 |00:34:48 ~-~-> 00:34:52 |I've been teaching all these years in front of you, and in executing on it,
407 |406 |00:34:52 ~-~-> 00:34:56 |my students execute on it. The fact that you can't identify any of it is
408 |407 |00:34:56 ~-~-> 00:34:59 |because you're not annotating your chart and logging them and collecting
409 |408 |00:34:59 ~-~-> 00:35:03 |them and. Studying at the end of the week, before the week opens up, you
410 |409 |00:35:03 ~-~-> 00:35:06 |should have already spent about 30 minutes, to a maximum of an hour,
411 |410 |00:35:06 ~-~-> 00:35:11 |reviewing where the turning points took place intra week, intraday, what
412 |411 |00:35:11 ~-~-> 00:35:14 |was the weekly high and the low? How did that relate to what the weekly
413 |412 |00:35:14 ~-~-> 00:35:19 |chart and the monthly chart is suggesting, and you get closer to what
414 |413 |00:35:19 ~-~-> 00:35:21 |the market's doing by doing things like that.
415 |414 |00:35:26 ~-~-> 00:35:31 |All right, so this is your first retentive fair value gap, and
416 |415 |00:35:31 ~-~-> 00:35:35 |consequent encroachment of that gap is here. So you can see we traded up into
417 |416 |00:35:35 ~-~-> 00:35:39 |it, bumping the buy side, consequent encroachment of first retentive fair
418 |417 |00:35:39 ~-~-> 00:35:44 |value gap at 930 breaks lower, comes back up, hits it one more time there,
419 |418 |00:35:44 ~-~-> 00:35:49 |and we're staying outside of what the upper half. That's order flow theory
420 |419 |00:35:49 ~-~-> 00:35:55 |with my PD arrays. It's always like that. It's always like that. And no,
421 |420 |00:35:55 ~-~-> 00:35:58 |you don't find that in any books. I had another Joker on X yesterday
422 |421 |00:35:59 ~-~-> 00:36:02 |talking the same nonsense. It's all these concepts have always existed,
423 |422 |00:36:03 ~-~-> 00:36:07 |but they never tell you what book, what author, what page number, and
424 |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
425 |424 |00:36:11 ~-~-> 00:36:15 |love sound like a broken record, because it needs to happen, because
426 |425 |00:36:15 ~-~-> 00:36:18 |you have AI. And the more people constantly put out their false
427 |426 |00:36:18 ~-~-> 00:36:22 |information, they will lay down a false narrative saying that this was
428 |427 |00:36:22 ~-~-> 00:36:25 |stuff that was seen in books, and that's why I challenge people. That's
429 |428 |00:36:25 ~-~-> 00:36:29 |why I remind all of you I have 5 million US dollars that says you can't
430 |429 |00:36:29 ~-~-> 00:36:35 |find my work anywhere prior to 1996 it's, in fact, you look at it like
431 |430 |00:36:35 ~-~-> 00:36:40 |this, in 2016 when I started doing paid mentorship, that's when I was
432 |431 |00:36:40 ~-~-> 00:36:45 |revealing it to the public in a broad range where I wasn't doing it one on
433 |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
434 |433 |00:36:53 ~-~-> 00:37:03 |in prior to 1996 just go to 2015 Okay. Can you find it there? No, it exploded
435 |434 |00:37:03 ~-~-> 00:37:07 |because my mentorship was so sought after, and everybody copied it,
436 |435 |00:37:07 ~-~-> 00:37:10 |everybody paired it, and all sampled from it. They all sample from it.
437 |436 |00:37:12 ~-~-> 00:37:15 |That's okay. I mean, that's what a teacher wants, right? He wants
438 |437 |00:37:15 ~-~-> 00:37:19 |students to learn. But there's this movement they want to try to hide the
439 |438 |00:37:19 ~-~-> 00:37:23 |fact that I'm its originator. I'm its creator, and I codified these things,
440 |439 |00:37:23 ~-~-> 00:37:27 |and they did not exist in any form, fashion, any way, as you see me
441 |440 |00:37:27 ~-~-> 00:37:32 |teaching and using them. That's why no one else handles them as well as I do.
442 |441 |00:37:32 ~-~-> 00:37:39 |You are forced to look at these concepts. They're your own perspective
443 |442 |00:37:41 ~-~-> 00:37:45 |during the times that you can trade during the times of your study, and
444 |443 |00:37:45 ~-~-> 00:37:48 |you're going to see that the way I have created this language for you,
445 |444 |00:37:49 ~-~-> 00:37:54 |you can engage this algorithm, this market, and do things that fits your
446 |445 |00:37:54 ~-~-> 00:37:59 |schedule, your personal life, your personality, your you're given The
447 |446 |00:37:59 ~-~-> 00:38:05 |freedom to pick whatever PDA Ray you want. Who says that you have to be at
448 |447 |00:38:05 ~-~-> 00:38:09 |the high when you're shorting? You don't. Who says you have to be at the
449 |448 |00:38:09 ~-~-> 00:38:13 |low when you're going long? You don't. I don't always get the opportunity to
450 |449 |00:38:13 ~-~-> 00:38:16 |be in front of my computers when the setups there and I can't enter the
451 |450 |00:38:16 ~-~-> 00:38:22 |trade right at the low or the high. So I'll use continuation ideas that my PD
452 |451 |00:38:22 ~-~-> 00:38:26 |arrays offer me, because I'm looking at order flow, I'm trusting that what
453 |452 |00:38:26 ~-~-> 00:38:29 |I'm expecting to be delivered, I can still free my trade and manage risk,
454 |453 |00:38:29 ~-~-> 00:38:38 |you know, in a manner that's not excessive. So let's break this down a
455 |454 |00:38:38 ~-~-> 00:38:42 |little bit further. But as the market drops down and here there's a fair
456 |455 |00:38:42 ~-~-> 00:38:48 |value gap there, and then there's volume imbalance right here,
457 |456 |00:38:49 ~-~-> 00:38:52 |separation between the bodies. So the market trades up into that and then
458 |457 |00:38:52 ~-~-> 00:38:58 |breaks down, trading down into Friday's London sell side liquidity
459 |458 |00:38:58 ~-~-> 00:39:02 |pool. So
460 |459 |00:39:11 ~-~-> 00:39:14 |all right in the month minute chart here you can see, I've identified the
461 |460 |00:39:14 ~-~-> 00:39:20 |Friday london session liquidity, Friday Asian session liquidity, and
462 |461 |00:39:20 ~-~-> 00:39:23 |then Thursday's regular trading hours. And earlier in the video, I told you
463 |462 |00:39:23 ~-~-> 00:39:26 |to look inside that low and you'll see that there's a little fair value you
464 |463 |00:39:26 ~-~-> 00:39:29 |got right there. It's a buy side amount, sell side and efficiency. And
465 |464 |00:39:29 ~-~-> 00:39:34 |we traded right down into that. You see that. So what is this level here?
466 |465 |00:39:35 ~-~-> 00:39:41 |If you measure the opening range high to low, and you run a negative 1.5
467 |466 |00:39:41 ~-~-> 00:39:46 |standard deviation on your fib, you'll get that projection. It takes us below
468 |467 |00:39:47 ~-~-> 00:39:52 |both London and Asia sessions liquidity right here. So that's the
469 |468 |00:39:52 ~-~-> 00:39:56 |level, and it trades down to that inefficiency, but not needing to take
470 |469 |00:39:56 ~-~-> 00:39:57 |out Thursday's low. So.
471 |470 |00:40:02 ~-~-> 00:40:06 |So here is that zoomed in that little fair value gap I was quizzing you on
472 |471 |00:40:06 ~-~-> 00:40:09 |earlier in the beginning of the video. This is what you should have seen. And
473 |472 |00:40:09 ~-~-> 00:40:12 |we don't need to see Thursday's registration, hours sell side,
474 |473 |00:40:12 ~-~-> 00:40:18 |liquidity be taken. All right. So stripped down in a normal fashion.
475 |474 |00:40:18 ~-~-> 00:40:21 |This is what my charge usually looks like, and it looks like this when I'm
476 |475 |00:40:21 ~-~-> 00:40:25 |doing the execution, when I'm showing it to you. Here's the bump on the buy
477 |476 |00:40:25 ~-~-> 00:40:31 |stops. Here's the opening range gap, first presented fair value gap,
478 |477 |00:40:33 ~-~-> 00:40:39 |inversion fair value gap. See this low here. That's start of a new day. This
479 |478 |00:40:39 ~-~-> 00:40:46 |is a first presented fair value gap at the start of the new day. Project that
480 |479 |00:40:46 ~-~-> 00:40:49 |forward, you can see how it's being used here, and then they finally bump
481 |480 |00:40:49 ~-~-> 00:40:54 |through it leaves, it never comes back. That's a good thing. And then
482 |481 |00:40:54 ~-~-> 00:41:01 |you have this cell sign imbalanced by sound and efficiency here. Project
483 |482 |00:41:01 ~-~-> 00:41:06 |that forward. And then here's the minor cell side liquidity that
484 |483 |00:41:06 ~-~-> 00:41:09 |attacks. And then you have volume imbalances in here. And you can see
485 |484 |00:41:09 ~-~-> 00:41:15 |all that, how that was used in the recorded execution. And then you have
486 |485 |00:41:15 ~-~-> 00:41:18 |Tuesday's pm session, first present to fair value gap. It draws down into
487 |486 |00:41:18 ~-~-> 00:41:24 |that too. So look at the bodies respecting that, think about that.
488 |487 |00:41:24 ~-~-> 00:41:27 |It's it's interesting, isn't it? You're going to tell me that's buying
489 |488 |00:41:27 ~-~-> 00:41:32 |and selling pressure. Everybody that doesn't follow what I teach somehow
490 |489 |00:41:32 ~-~-> 00:41:36 |agreed to be buying and selling to afford the opening price and the
491 |490 |00:41:36 ~-~-> 00:41:41 |closing prices of these two candles to reflect the respect of that Tuesday pm
492 |491 |00:41:41 ~-~-> 00:41:44 |session first presents a fair value gap. You're you're going to push real
493 |492 |00:41:44 ~-~-> 00:41:48 |hard to to make that argument, and I'm going to laugh in your face. So
494 |493 |00:41:48 ~-~-> 00:41:54 |remember, we're going to moving in to a little bit more of the morning
495 |494 |00:41:54 ~-~-> 00:41:58 |session. Here we project that forward at fair value gap. Now we change its
496 |495 |00:41:58 ~-~-> 00:42:02 |character from that of a sell side imbalance buy side and efficiency,
497 |496 |00:42:02 ~-~-> 00:42:05 |which is going to be used to sell off further to get down to our target. But
498 |497 |00:42:06 ~-~-> 00:42:09 |now, when the market has done our target, it's going to consolidate and
499 |498 |00:42:09 ~-~-> 00:42:13 |trade above it. Now it changes its character, its initial bearish
500 |499 |00:42:14 ~-~-> 00:42:18 |character now becomes bullish. Look at respecting the consequent encroachment
501 |500 |00:42:18 ~-~-> 00:42:22 |here. Here rallies back up into the actual first percent of fair value gap
502 |501 |00:42:22 ~-~-> 00:42:26 |at 930 fall short of going into consequent encroachment comes right
503 |502 |00:42:26 ~-~-> 00:42:31 |back down in fair value gap. You can do that on your own with sell side
504 |503 |00:42:32 ~-~-> 00:42:37 |hits, it rallies, comes back up in volume of balance. Rally. And then we
505 |504 |00:42:37 ~-~-> 00:42:40 |get back up inside of the first visit fair value gap. You're going to want
506 |505 |00:42:40 ~-~-> 00:42:43 |to put your gradient levels in there. So in other words, you're going to use
507 |506 |00:42:43 ~-~-> 00:42:47 |the high upper quadrant, consequent encroachment, which is midpoint, lower
508 |507 |00:42:47 ~-~-> 00:42:51 |quadrant and the low put that on. I just didn't want to have it on here,
509 |508 |00:42:51 ~-~-> 00:42:54 |because it's too busy, but you can see that that's what's occurring here. It
510 |509 |00:42:54 ~-~-> 00:42:59 |trades up, comes down to lower quadrant, consequent encroachment,
511 |510 |00:42:59 ~-~-> 00:43:03 |upper quadrant, and you're seeing the beginnings of the afternoon session in
512 |511 |00:43:03 ~-~-> 00:43:07 |here, but this is the morning am session opening range gap first
513 |512 |00:43:07 ~-~-> 00:43:10 |presents a fair value gap, huge, lots of things in there. Sounds like word
514 |513 |00:43:10 ~-~-> 00:43:15 |salad, but this is what separates the lazy from the people that really want
515 |514 |00:43:15 ~-~-> 00:43:18 |to understand how to manage risk. Know when setups are going to form. Never
516 |515 |00:43:18 ~-~-> 00:43:24 |fall victim to fear of missing out. Never fearing a shortage on supply of
517 |516 |00:43:24 ~-~-> 00:43:29 |trades. These things happen every single day. What do you think the
518 |517 |00:43:29 ~-~-> 00:43:33 |professionals are doing? The people that aren't teaching like I am,
519 |518 |00:43:34 ~-~-> 00:43:36 |they're out there in these big institutions. What do you think
520 |519 |00:43:36 ~-~-> 00:43:39 |they're doing? You think they're out there guessing all the time, something
521 |520 |00:43:39 ~-~-> 00:43:42 |different every day? No, they have models. They stick to rules, and I'm
522 |521 |00:43:42 ~-~-> 00:43:46 |giving you time and price analysis that way you can tap into these setups
523 |522 |00:43:46 ~-~-> 00:43:49 |that form every single day. They cannot hide it from you. You don't
524 |523 |00:43:49 ~-~-> 00:43:54 |need extra level two institutional tools and all this other stuff. They
525 |524 |00:43:54 ~-~-> 00:43:57 |want to try to sell you these gimmicks. They're all used against
526 |525 |00:43:57 ~-~-> 00:44:04 |you, all of them, the things I'm teaching you it is the market, right.
527 |526 |00:44:04 ~-~-> 00:44:10 |Here's the afternoon, and you can see that is the first presented fair value
528 |527 |00:44:10 ~-~-> 00:44:14 |gap for the pm session between 130 and two o'clock Eastern time, market
529 |528 |00:44:14 ~-~-> 00:44:18 |trades down to the low the actual AM. First presented fair value gap rallies
530 |529 |00:44:18 ~-~-> 00:44:22 |back above consequent encroachment. And then look how it accumulates
531 |530 |00:44:22 ~-~-> 00:44:25 |inside of the first visitor fairway gap between 130 and two o'clock. It
532 |531 |00:44:25 ~-~-> 00:44:29 |helps you identify the actual fair value gaps. That's going to help you
533 |532 |00:44:30 ~-~-> 00:44:34 |know which one to trust. A lot of you don't realize what I've done, okay,
534 |533 |00:44:34 ~-~-> 00:44:39 |I've pulled back the veil, and I'm teaching you how to never fall victim
535 |534 |00:44:39 ~-~-> 00:44:44 |to picking the wrong fair value gap. You'll never find that in any fucking
536 |535 |00:44:44 ~-~-> 00:44:49 |books. Besides what I've wrote and codified, and people have already put
537 |536 |00:44:49 ~-~-> 00:44:52 |out there incomplete. They don't have all the full information, but they're
538 |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
539 |538 |00:44:55 ~-~-> 00:44:58 |teaching that first, but you parroted what I said in my mentorship lessons,
540 |539 |00:44:59 ~-~-> 00:45:05 |and it's in. Complete. All those things are incomplete. My books will
541 |540 |00:45:05 ~-~-> 00:45:08 |fill in all the gaps. That way, the ones that have rushed to put books out
542 |541 |00:45:08 ~-~-> 00:45:13 |there gonna look like fools, and that's okay. But the first was, it's a
543 |542 |00:45:13 ~-~-> 00:45:19 |fair value gap gets used here in a reversal of what its original
544 |543 |00:45:19 ~-~-> 00:45:21 |character was. Over here it was bullish because the buy side and
545 |544 |00:45:21 ~-~-> 00:45:25 |balance sell side efficiency, the market can use that if it trades back
546 |545 |00:45:25 ~-~-> 00:45:29 |down into if it's bullish. But what happens if you're seeing the market
547 |546 |00:45:29 ~-~-> 00:45:33 |trying to trade higher? It's used here to send price up, and then what
548 |547 |00:45:33 ~-~-> 00:45:37 |happens when it trades below it, it changes its character. Now it's using
549 |548 |00:45:37 ~-~-> 00:45:40 |consequent encroachment on that level to send it down into sell side
550 |549 |00:45:40 ~-~-> 00:45:49 |liquidity over here. And zoomed in here, you can notice that we had sell
551 |550 |00:45:49 ~-~-> 00:45:57 |side, buy side this run here during the 315 to 345 macro rallies, last
552 |551 |00:45:57 ~-~-> 00:46:04 |hour trading. Look at the Thursday 60 minute premium wick, okay, the highest
553 |552 |00:46:04 ~-~-> 00:46:10 |60 minute candle on Thursdays trading. There's a wick on it. Measure it so it
554 |553 |00:46:10 ~-~-> 00:46:14 |shows just the 50% of the wick. That's what this level is here. That's the
555 |554 |00:46:14 ~-~-> 00:46:19 |consequence on Thursday 60 minute premium wick. It hits that sells off,
556 |555 |00:46:19 ~-~-> 00:46:23 |consolidates and breaks. We have a shift in market structure here. Here's
557 |556 |00:46:23 ~-~-> 00:46:28 |model 2022, fair value gap breaks lower. Trades to pm session first,
558 |557 |00:46:28 ~-~-> 00:46:31 |present the fair value gap that's always low, hanging fruit. And then it
559 |558 |00:46:31 ~-~-> 00:46:34 |trades to the low of it, attacking the sell side here, and then just
560 |559 |00:46:34 ~-~-> 00:46:36 |extrapolates to the downside. You
561 |560 |00:46:46 ~-~-> 00:46:51 |all right, folks, I know some of this might seem complex, convoluted, you
562 |561 |00:46:51 ~-~-> 00:46:55 |know, excessive. I'm not going to apologize for that, because the
563 |562 |00:46:55 ~-~-> 00:46:59 |results that I show my executions and my students show in their executions,
564 |563 |00:47:00 ~-~-> 00:47:03 |they're all derivatives of the things I'm teaching and have taught you, I'm
565 |564 |00:47:03 ~-~-> 00:47:07 |literally doing things that are referring back to the very specific
566 |565 |00:47:07 ~-~-> 00:47:12 |times, very specific PD arrays, very, very specific ones. The the rhyme and
567 |566 |00:47:12 ~-~-> 00:47:15 |reason behind why I'm picking them are not It's not morphing and changing
568 |567 |00:47:15 ~-~-> 00:47:18 |into new things all the time. It's always the same thing, same stuff.
569 |568 |00:47:18 ~-~-> 00:47:23 |It's the time reference first, so that way you can find it, that we can go
570 |569 |00:47:23 ~-~-> 00:47:26 |into your charts without me mentioning it, because at the end of this month,
571 |570 |00:47:26 ~-~-> 00:47:29 |that's it. We're not doing any more live pointing to this. I'm not calling
572 |571 |00:47:29 ~-~-> 00:47:33 |out anything. Whatever I do is going to be after the fact, hindsight.
573 |572 |00:47:33 ~-~-> 00:47:38 |Talking about this is what I did, and how you can do it too, the pointing to
574 |573 |00:47:38 ~-~-> 00:47:44 |it before it happens that ends this month. So the things I've taught you,
575 |574 |00:47:44 ~-~-> 00:47:48 |it will serve you well, because it's something that will allow you to go
576 |575 |00:47:48 ~-~-> 00:47:52 |right into your charts and say, Okay, here's that 30 minute window of time
577 |576 |00:47:52 ~-~-> 00:47:55 |that I gotta just wait for the very first fair value gap to form in this
578 |577 |00:47:55 ~-~-> 00:48:01 |time window, on this time frame, one minute chart, that information is
579 |578 |00:48:01 ~-~-> 00:48:05 |gold. It's the golden ticket to the Chocolate Factory. Okay? I'm Willy
580 |579 |00:48:05 ~-~-> 00:48:09 |Wonka, and everybody's getting a golden ticket, and you have to pay for
581 |580 |00:48:09 ~-~-> 00:48:12 |it. And nothing can beat it. Nothing's better than it. Nothing's more
582 |581 |00:48:12 ~-~-> 00:48:18 |precise, nothing's more consistent. Hello. You're welcome, and I'll talk
583 |582 |00:48:18 ~-~-> 00:48:20 |to you next time. Be safe. You.