Wiki source code of ICT YT - 2025-06-03 - 2025 Storytellers Series - NQ Review 06-02-2025
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2 | |1 |00:00:00 ~-~-> 00:00:04 |ICT: Folks, welcome back. So we're gonna be doing a little bit different title in | ||
3 | |2 |00:00:04 ~-~-> 00:00:10 |a series that I don't know how long I'll go about doing it, but if you like it, | ||
4 | |3 |00:00:10 ~-~-> 00:00:14 |you'll obviously give it thumbs up. If you don't like these types of | ||
5 | |4 |00:00:14 ~-~-> 00:00:19 |presentations, then I'll just simply go back to doing you my hit and miss. Once | ||
6 | |5 |00:00:19 ~-~-> 00:00:23 |in a while, you'll you'll see something. Once you you see it, you know it'll be | ||
7 | |6 |00:00:23 ~-~-> 00:00:27 |like, Okay, well, that's wonderful. It won't be as consistent as something that | ||
8 | |7 |00:00:27 ~-~-> 00:00:32 |I'm aiming to do with this. So what is it? What's the storyteller series? Well, | ||
9 | |8 |00:00:32 ~-~-> 00:00:37 |when you're looking at price action, when you're recording in your journal, | ||
10 | |9 |00:00:37 ~-~-> 00:00:41 |you want to, kind of, like, flesh out a narrative. You want to flesh out a bias | ||
11 | |10 |00:00:41 ~-~-> 00:00:45 |in hindsight. You need to do that in the beginning, because you don't know what | ||
12 | |11 |00:00:45 ~-~-> 00:00:49 |you're doing. And you look at price action after it's already happened, and | ||
13 | |12 |00:00:49 ~-~-> 00:00:53 |you look at where the inefficiencies were, where the stops were, who was | ||
14 | |13 |00:00:53 ~-~-> 00:00:57 |making money before the stop rate was hit, who was making money before the | ||
15 | |14 |00:00:57 ~-~-> 00:01:03 |market reverses and goes another direction? Who's trapped, who is being | ||
16 | |15 |00:01:03 ~-~-> 00:01:07 |led to believe that their trade is going to be profitable, but then later on, it | ||
17 | |16 |00:01:07 ~-~-> 00:01:12 |fails to get to an ideal scenario, objective for them. And by doing these | ||
18 | |17 |00:01:12 ~-~-> 00:01:16 |types of things, and they need not be very long. So I'm going to try to go | ||
19 | |18 |00:01:16 ~-~-> 00:01:23 |through it rather succinctly, but in no way, shape or form, a complete overview | ||
20 | |19 |00:01:23 ~-~-> 00:01:27 |of what took place today or any day that I overview or review. But put it that | ||
21 | |20 |00:01:27 ~-~-> 00:01:32 |way, but it's meant to kind of like inspire you, and I'm going to touch a | ||
22 | |21 |00:01:32 ~-~-> 00:01:39 |little bit on what I shared this morning on the X account. So this is the first | ||
23 | |22 |00:01:39 ~-~-> 00:01:45 |one of our storytellers, and we're looking at, obviously, the market of | ||
24 | |23 |00:01:45 ~-~-> 00:01:50 |choices for my liking and my trading. It's the NASDAQ, and it's the June | ||
25 | |24 |00:01:50 ~-~-> 00:01:57 |futures contract for 2025 All right, and this is the actual June delivery | ||
26 | |25 |00:01:57 ~-~-> 00:02:01 |contract month. So it's not the continuous contract. It's not necessary, | ||
27 | |26 |00:02:01 ~-~-> 00:02:06 |because we're trading intraday, we're trading on very short term basis. So | ||
28 | |27 |00:02:06 ~-~-> 00:02:11 |it's not required to use a higher Time Frame continuation or continuous chart. | ||
29 | |28 |00:02:12 ~-~-> 00:02:16 |All right, so we have this gap in here. If you've been following along on x and | ||
30 | |29 |00:02:16 ~-~-> 00:02:19 |on my YouTube channel here, you know that we were looking for that as an | ||
31 | |30 |00:02:19 ~-~-> 00:02:24 |upside objective. It hit that like gangbusters last week, and then sold | ||
32 | |31 |00:02:24 ~-~-> 00:02:30 |off. And here is our down close candle with a fair value gap in here. So this | ||
33 | |32 |00:02:30 ~-~-> 00:02:35 |down close candle, let's zoom in a little bit. This down close candle is a | ||
34 | |33 |00:02:35 ~-~-> 00:02:40 |bullish order block. We traded down to it last week, and then today we opened. | ||
35 | |34 |00:02:40 ~-~-> 00:02:46 |We traded down to it once more. And then they capitalized that discount level | ||
36 | |35 |00:02:46 ~-~-> 00:02:50 |here, which is the opening price of that down closed candle, and then sent it | ||
37 | |36 |00:02:50 ~-~-> 00:02:54 |back above the rejection block here, okay, which is the highest up close | ||
38 | |37 |00:02:54 ~-~-> 00:02:59 |candle. Now we have this wick to contend with. Now I was going to draw out where | ||
39 | |38 |00:02:59 ~-~-> 00:03:02 |the consequent encroachment level is, but it's essentially look at the same | ||
40 | |39 |00:03:02 ~-~-> 00:03:06 |look at the same level as this high here, because it's close proximity to | ||
41 | |40 |00:03:06 ~-~-> 00:03:11 |that. So it's going to afford me the luxury of saying I'm watching price to | ||
42 | |41 |00:03:11 ~-~-> 00:03:15 |see if it can get to this level in here. Okay, which is the bottom of that old | ||
43 | |42 |00:03:15 ~-~-> 00:03:19 |city. And if it does that, then I want to see, does it have the ability to get | ||
44 | |43 |00:03:19 ~-~-> 00:03:24 |to consequent encouragement of this city? Does it get above this and trade | ||
45 | |44 |00:03:24 ~-~-> 00:03:27 |outside of the city here? And then we'll be looking for this one here. So I'm | ||
46 | |45 |00:03:27 ~-~-> 00:03:32 |trying to avoid picking a top, as I've been mentioning an ongoing analysis with | ||
47 | |46 |00:03:32 ~-~-> 00:03:38 |NQ. We're trying to avoid all that. So because of this down closed candle here | ||
48 | |47 |00:03:38 ~-~-> 00:03:42 |being a daily bull, shorter block, this level. Here this blue line, it'll appear | ||
49 | |48 |00:03:42 ~-~-> 00:03:47 |in the lower time frame charts, until I tell you, it won't be all right. Here's | ||
50 | |49 |00:03:47 ~-~-> 00:03:50 |the hourly chart here. And real quick, you can see we traded down. And I | ||
51 | |50 |00:03:50 ~-~-> 00:03:53 |mentioned this last week. We have a buy side of balance, cell sign efficiency, | ||
52 | |51 |00:03:53 ~-~-> 00:03:57 |consequent encroachment of that. We hit that beautifully there. You can do that | ||
53 | |52 |00:03:57 ~-~-> 00:04:01 |on your own chart. I shared this on my x account, by the way, and we are reaching | ||
54 | |53 |00:04:01 ~-~-> 00:04:06 |up into this city here, which is just before we get to the low of that daily | ||
55 | |54 |00:04:06 ~-~-> 00:04:11 |cell sign of bounds by sound efficiency. So we traded up into this one here, and | ||
56 | |55 |00:04:11 ~-~-> 00:04:15 |we're going to look inside of all this price action and try to decipher what | ||
57 | |56 |00:04:15 ~-~-> 00:04:20 |took place, and also tongue like tip my hand tell you why I said and shared what | ||
58 | |57 |00:04:20 ~-~-> 00:04:24 |I did on x this morning. All right, so here's the 15 minute time frame. Is a | ||
59 | |58 |00:04:24 ~-~-> 00:04:28 |bellwether chart. I mean, it's one of those go to charts where it gives you | ||
60 | |59 |00:04:28 ~-~-> 00:04:32 |most of everything I would ever need, and not even require looking at a daily | ||
61 | |60 |00:04:32 ~-~-> 00:04:38 |chart or a four hour chart or an hourly chart. Okay, so all the liquidity pools, | ||
62 | |61 |00:04:38 ~-~-> 00:04:41 |all of the pertinent imbalances, inefficiencies and such. You can see | ||
63 | |62 |00:04:41 ~-~-> 00:04:45 |them on the 15 minute time frame. And it's very, very easy to frame out with | ||
64 | |63 |00:04:45 ~-~-> 00:04:48 |experience, not not just because I do this video, you're not gonna be able to | ||
65 | |64 |00:04:48 ~-~-> 00:04:51 |walk out there tomorrow. I'm able to do what I'm doing and what I've done, but | ||
66 | |65 |00:04:51 ~-~-> 00:04:55 |it will help you understand the importance of this specific time frame, | ||
67 | |66 |00:04:55 ~-~-> 00:05:00 |the 15 minute time frame. So this blue line here is that daily I'm. Bullish | ||
68 | |67 |00:05:00 ~-~-> 00:05:07 |fair value gap. You can see we dove down into that here last week, and we came | ||
69 | |68 |00:05:07 ~-~-> 00:05:13 |back off of it. Dropped back down once more here today in London, and then we | ||
70 | |69 |00:05:13 ~-~-> 00:05:18 |consolidated around in here, traded back above, came back in, had a little bit of | ||
71 | |70 |00:05:18 ~-~-> 00:05:23 |a stop rate here, rallied up and took out the buy side here, and this buy side | ||
72 | |71 |00:05:23 ~-~-> 00:05:31 |there, and drawing into that daily Sibi once again. Okay, so we have a new week | ||
73 | |72 |00:05:31 ~-~-> 00:05:35 |opening gap. I'll mention that in a moment. But on the 15 minute time frame | ||
74 | |73 |00:05:36 ~-~-> 00:05:40 |I was teaching this week how you can very easily look at two close proximity | ||
75 | |74 |00:05:41 ~-~-> 00:05:45 |15 minute fair value gaps, and those six levels being the high, the consequent | ||
76 | |75 |00:05:45 ~-~-> 00:05:51 |encroaching, or midpoint of it, and the low of two specific 15 minute fair value | ||
77 | |76 |00:05:51 ~-~-> 00:05:54 |gaps. Now, which one is that? Well, where's the most recent one that's | ||
78 | |77 |00:05:54 ~-~-> 00:05:59 |formed, and what's the one that formed prior to that? Just looking back, that's | ||
79 | |78 |00:05:59 ~-~-> 00:06:03 |all you're doing. And then you use that as a canvas to study price action. When | ||
80 | |79 |00:06:03 ~-~-> 00:06:06 |you're brand new, you don't know what you're looking for, so it gives you a | ||
81 | |80 |00:06:06 ~-~-> 00:06:10 |context to go in and start studying now what happens when the price runs away | ||
82 | |81 |00:06:10 ~-~-> 00:06:14 |and then leaves both of them. Then you start looking for the next 15 minute | ||
83 | |82 |00:06:14 ~-~-> 00:06:19 |fair value gap. And you keep doing this continuously, so you're always having a | ||
84 | |83 |00:06:19 ~-~-> 00:06:24 |dynamic range or Canvas to study price action, instead of just aimlessly | ||
85 | |84 |00:06:24 ~-~-> 00:06:27 |staring in price action and thinking to yourself, like I don't know what I'm | ||
86 | |85 |00:06:27 ~-~-> 00:06:32 |looking for, so therefore I'm wasting my time. Let me go watch bollinger bands | ||
87 | |86 |00:06:32 ~-~-> 00:06:37 |and moving outage crossovers by having the very specific fair value gaps that I | ||
88 | |87 |00:06:37 ~-~-> 00:06:41 |mentioned this morning on x I literally walked you through it in video format | ||
89 | |88 |00:06:41 ~-~-> 00:06:46 |too. I mentioned this one here. Now, why did I mention this one? This is the | ||
90 | |89 |00:06:46 ~-~-> 00:06:50 |graduated perspective of it over time. When you practice this, you will see, | ||
91 | |90 |00:06:50 ~-~-> 00:06:56 |when you do hindsight analysis, which is what my detractors and naysayers love, | ||
92 | |91 |00:06:56 ~-~-> 00:06:59 |they're going to look at this video and say, See, he's talking about hindsight. | ||
93 | |92 |00:06:59 ~-~-> 00:07:03 |He's talking about this is easy, but they are not looking at what I did this | ||
94 | |93 |00:07:03 ~-~-> 00:07:10 |this morning, June 2, 2025 on x, where I recorded myself talking about the very | ||
95 | |94 |00:07:10 ~-~-> 00:07:13 |fair value gaps, and then uploaded the video in a manner that there's no way I | ||
96 | |95 |00:07:13 ~-~-> 00:07:17 |could have talked for 31 minutes and then redub something or multiple times. | ||
97 | |96 |00:07:17 ~-~-> 00:07:21 |Have, you know, all these different outs they'd like to say I have, but | ||
98 | |97 |00:07:21 ~-~-> 00:07:26 |nonetheless, this is basically anchored right to the daily bullish fair value | ||
99 | |98 |00:07:26 ~-~-> 00:07:32 |gap. See that? So that blue line here, it intersects with that fair value gap | ||
100 | |99 |00:07:32 ~-~-> 00:07:39 |right there and then, since I was looking at price action pre session | ||
101 | |100 |00:07:39 ~-~-> 00:07:47 |towards the end of London Open, we were inside of that. So now look back in time | ||
102 | |101 |00:07:47 ~-~-> 00:07:50 |on the 15 minute time frame. This is the one that I chose. Was important. Why? | ||
103 | |102 |00:07:51 ~-~-> 00:07:56 |Because it was inside the high of that drop down that was a raid taking out | ||
104 | |103 |00:07:56 ~-~-> 00:08:01 |sell side, which makes this what a Bullish breaker. Oh epiphany. See how | ||
105 | |104 |00:08:01 ~-~-> 00:08:05 |that works. Little brain synapses happening, firing like that, sound | ||
106 | |105 |00:08:06 ~-~-> 00:08:11 |effects. I'm paying extra money for that shit. So when we look at the imbalance | ||
107 | |106 |00:08:11 ~-~-> 00:08:14 |in here, that 15 minute time frame, we can start looking at the relationships | ||
108 | |107 |00:08:14 ~-~-> 00:08:19 |between these two. And we can practice reading price action. We can demo trade. | ||
109 | |108 |00:08:19 ~-~-> 00:08:25 |We can tape read, you know, just watch and see the fluctuations. And we need | ||
110 | |109 |00:08:25 ~-~-> 00:08:28 |not be concerned about being right or wrong, about whether or not this high is | ||
111 | |110 |00:08:28 ~-~-> 00:08:32 |going to be taken out, this low is going to be taken out, this high or that high. | ||
112 | |111 |00:08:32 ~-~-> 00:08:35 |We don't need to worry about that in the beginning. As a brand new student of | ||
113 | |112 |00:08:35 ~-~-> 00:08:38 |price action, using the things I'm teaching, it's important for you to know | ||
114 | |113 |00:08:38 ~-~-> 00:08:42 |that. It's not imperative for you to know what you think you need to know | ||
115 | |114 |00:08:42 ~-~-> 00:08:47 |right away. There's skill sets, there's processes, there's routines and drills | ||
116 | |115 |00:08:47 ~-~-> 00:08:50 |that I'm putting you through. I'm not putting you through one today if you're | ||
117 | |116 |00:08:50 ~-~-> 00:08:54 |on x and it delivered multiple setup before I close this video. But I don't | ||
118 | |117 |00:08:54 ~-~-> 00:08:59 |want to go too long and, you know, ramble on about things that are going to | ||
119 | |118 |00:08:59 ~-~-> 00:09:03 |obviously be covered us as we naturally go through this video. So just know that | ||
120 | |119 |00:09:03 ~-~-> 00:09:07 |this high is the first green level, and this here is the next buy, sell | ||
121 | |120 |00:09:07 ~-~-> 00:09:10 |liquidity pool. So make reference to those numbers here, those price levels, | ||
122 | |121 |00:09:11 ~-~-> 00:09:15 |that way it's understood what it's reaching for. All right. Let's zoom in | ||
123 | |122 |00:09:15 ~-~-> 00:09:22 |here. All right, same thing 15 minute time frame, and we're looking at it with | ||
124 | |123 |00:09:22 ~-~-> 00:09:26 |the drop down below this heavy, thick line. I thickened it up. That's the | ||
125 | |124 |00:09:26 ~-~-> 00:09:30 |daily bullish fair value gap. And we drove, drove down into that there, and | ||
126 | |125 |00:09:30 ~-~-> 00:09:34 |then we started consolidating inside that 15 minute bicycle balance cell sign | ||
127 | |126 |00:09:34 ~-~-> 00:09:39 |efficiency. And I added the gradient levels of 75 and 25% so that way, it | ||
128 | |127 |00:09:39 ~-~-> 00:09:42 |kind of gives you a little bit more fine tuning of the opportunities that could | ||
129 | |128 |00:09:42 ~-~-> 00:09:47 |be afforded to you as a scalper or someone that's looking for pyramiding | ||
130 | |129 |00:09:47 ~-~-> 00:09:51 |entries that if you want to tape reader or demo trade to build the affinity for | ||
131 | |130 |00:09:51 ~-~-> 00:09:51 |that. | ||
132 | |131 |00:09:52 ~-~-> 00:09:56 |But we reach up into the buy side here, and we do it here as well. But look at | ||
133 | |132 |00:09:56 ~-~-> 00:10:01 |the reaction off of that one right there, that fair value gap. High, and | ||
134 | |133 |00:10:01 ~-~-> 00:10:06 |look how much time it spends inside, hitting the key levels. Here we move, | ||
135 | |134 |00:10:06 ~-~-> 00:10:11 |start to move away from it there. And now I'm going to drop down into a 15 | ||
136 | |135 |00:10:11 ~-~-> 00:10:15 |minute time frame that shows a little bit more detail. So we're zooming in | ||
137 | |136 |00:10:15 ~-~-> 00:10:21 |again. So this raid on sell side, we drop back down in and right there, we | ||
138 | |137 |00:10:21 ~-~-> 00:10:27 |hammer the low, the 15 minute fair value gap. We rally up trading into the other | ||
139 | |138 |00:10:27 ~-~-> 00:10:32 |15 minute fair value gap, which is again anchored to a PD array in and of itself. | ||
140 | |139 |00:10:32 ~-~-> 00:10:36 |So see what we're doing. We're blending a confluence of PD arrays. We're not | ||
141 | |140 |00:10:36 ~-~-> 00:10:44 |just looking at any one individual candlestick or PD array or focus point. | ||
142 | |141 |00:10:44 ~-~-> 00:10:49 |We're blending a few of them. Now, if you recall, I counseled you to try to | ||
143 | |142 |00:10:49 ~-~-> 00:10:57 |avoid trying to pick a top in the NQ. So if we see a low, high, lower, low, as we | ||
144 | |143 |00:10:57 ~-~-> 00:11:01 |have here, bullish breaker, this is going to be salient. This is going to be | ||
145 | |144 |00:11:01 ~-~-> 00:11:05 |worthwhile if we start studying this. And inside that, going to the left, we | ||
146 | |145 |00:11:05 ~-~-> 00:11:08 |see there's a fair value gap right there in the form of a city. So this is going | ||
147 | |146 |00:11:08 ~-~-> 00:11:13 |to act as an inversion fair value gap at a later time. So as we go closer to the | ||
148 | |147 |00:11:13 ~-~-> 00:11:18 |930 opening and the opening range, we can anticipate a likelihood of the | ||
149 | |148 |00:11:18 ~-~-> 00:11:22 |market wanting a rally Buck above it, and then use that as a catalyst to send | ||
150 | |149 |00:11:22 ~-~-> 00:11:27 |it higher. All right, dropping down into a one minute chart, getting right into | ||
151 | |150 |00:11:27 ~-~-> 00:11:32 |the nitty gritty of this. We do have a new week opening gap here, and I'll | ||
152 | |151 |00:11:32 ~-~-> 00:11:36 |hurry and flesh that out for you. And I want to just show you that this fair | ||
153 | |152 |00:11:36 ~-~-> 00:11:41 |value gap that's in blue was from Friday. It was 12 minutes after 10 in | ||
154 | |153 |00:11:41 ~-~-> 00:11:47 |the morning session. And this is Friday's week before, and I'll show you | ||
155 | |154 |00:11:47 ~-~-> 00:11:51 |exactly where they are in a second, but this was last Friday's first presented | ||
156 | |155 |00:11:51 ~-~-> 00:11:55 |fair value gap in the opening range between 9:30am Eastern Time to 10 | ||
157 | |156 |00:11:55 ~-~-> 00:12:00 |o'clock Eastern time. So just know that that's what these are here. And I'm not | ||
158 | |157 |00:12:00 ~-~-> 00:12:03 |going to leave the new week opening gap levels on because it's not important. I | ||
159 | |158 |00:12:03 ~-~-> 00:12:09 |just want to draw a parallel between this fair value gap from 10:12am, one | ||
160 | |159 |00:12:09 ~-~-> 00:12:13 |minute chart from last Friday is basically the same thing. So I'm not | ||
161 | |160 |00:12:13 ~-~-> 00:12:17 |going to over burden you with all these levels. Just know that this one here, I | ||
162 | |161 |00:12:17 ~-~-> 00:12:20 |like to keep it on there, because it's basically inside of the upper quadrant | ||
163 | |162 |00:12:20 ~-~-> 00:12:24 |of the new week opening gap. So I don't need it to be perfect. Just know that | ||
164 | |163 |00:12:25 ~-~-> 00:12:31 |later in the afternoon this new week opening gap high, which is last Friday, | ||
165 | |164 |00:12:31 ~-~-> 00:12:35 |selling close, that's going to be where buy side is, and eventually you'll see | ||
166 | |165 |00:12:35 ~-~-> 00:12:40 |how we draw into that. But now let's go over to this candlestick right here from | ||
167 | |166 |00:12:40 ~-~-> 00:12:44 |last Friday on a one minute chart. You can see the time at 9:35am that's first | ||
168 | |167 |00:12:44 ~-~-> 00:12:47 |presented for everybody gap in the morning session on last Friday's trading | ||
169 | |168 |00:12:47 ~-~-> 00:12:52 |in queue. And then we have this candlestick right there, which is just | ||
170 | |169 |00:12:52 ~-~-> 00:12:57 |simply 12 minutes after 10. I liked it. And I told you last week I liked it. And | ||
171 | |170 |00:12:57 ~-~-> 00:13:02 |because very specific PDA raised, we carry them forward in time, and that's | ||
172 | |171 |00:13:02 ~-~-> 00:13:08 |why it appears in the analysis here. So right away, one minute chart, you can | ||
173 | |172 |00:13:08 ~-~-> 00:13:15 |see how we were below that. So before six o'clock in the morning, stops were | ||
174 | |173 |00:13:15 ~-~-> 00:13:18 |rated, we traded back up inside of it this heavier blue line. It's eventually | ||
175 | |174 |00:13:18 ~-~-> 00:13:21 |going to go away, and you'll see that consequent encroachment level that's | ||
176 | |175 |00:13:21 ~-~-> 00:13:24 |thinner just above it that way. Just above it, that will remain in the chart, | ||
177 | |176 |00:13:24 ~-~-> 00:13:27 |but just know that we traded down into the low of the fair value gap there, we | ||
178 | |177 |00:13:27 ~-~-> 00:13:32 |consolidated, accumulated around the consequent encroachment of that fair | ||
179 | |178 |00:13:33 ~-~-> 00:13:37 |value gap that's noted here. Then we traded above it, hit the high, and then | ||
180 | |179 |00:13:37 ~-~-> 00:13:44 |gravitated towards that higher 15 minute fair value gap. Work that's high here, | ||
181 | |180 |00:13:44 ~-~-> 00:13:48 |here, taking about this, taking out this high rather, and then we work down below | ||
182 | |181 |00:13:48 ~-~-> 00:13:52 |it, meandering around. And right away, I want to kill this idea that some of you | ||
183 | |182 |00:13:52 ~-~-> 00:13:55 |are thinking because you want to talk about these types of things because you | ||
184 | |183 |00:13:55 ~-~-> 00:14:00 |don't understand what I'm teaching. You want to ABC, 123, indicator, crossover, | ||
185 | |184 |00:14:01 ~-~-> 00:14:09 |some kind of Star Wars V wop, okay, some kind of technical mumbo jumbo instrument | ||
186 | |185 |00:14:09 ~-~-> 00:14:13 |that you can put on your chart that everybody else talks about too, because | ||
187 | |186 |00:14:13 ~-~-> 00:14:17 |you're all part of a little nerd group, okay, level two, data, that kind of | ||
188 | |187 |00:14:18 ~-~-> 00:14:23 |stuff, all That stuff's gonna when you look for very specific inefficiencies in | ||
189 | |188 |00:14:23 ~-~-> 00:14:26 |the framework I gave you for finding them is pretty much the same, so it's | ||
190 | |189 |00:14:26 ~-~-> 00:14:30 |not ambiguous or not looking at, well, let me guess which one he's going to use | ||
191 | |190 |00:14:30 ~-~-> 00:14:36 |today. Okay, I'm using the same logic all the time, but we want to study how | ||
192 | |191 |00:14:36 ~-~-> 00:14:41 |price sweeps above it and below it. And once there's a sweeping effect, then it | ||
193 | |192 |00:14:41 ~-~-> 00:14:46 |goes right back into using it again. Sweep below it. Upset any liquidity | ||
194 | |193 |00:14:46 ~-~-> 00:14:50 |below here, get back into it. Use it as low. And then where we looking for the | ||
195 | |194 |00:14:50 ~-~-> 00:14:54 |trade to higher, because we're trying to avoid what picking a top in the MQ, and | ||
196 | |195 |00:14:54 ~-~-> 00:14:59 |it rallies up. Where is it rallying? Taking out highs here. Okay, so again, | ||
197 | |196 |00:14:59 ~-~-> 00:15:03 |we drop back down in. To it there. It rallies back up, comes back down in | ||
198 | |197 |00:15:03 ~-~-> 00:15:08 |pyramid. Pyramid. Rally up, take out that first buy side. Remember the green | ||
199 | |198 |00:15:08 ~-~-> 00:15:11 |lines? I told you to remember what they were before we went further in the | ||
200 | |199 |00:15:11 ~-~-> 00:15:16 |video. And then when we opened up here in the opening range, they sink it all | ||
201 | |200 |00:15:16 ~-~-> 00:15:20 |the way down to take out the sell side, right below these lows, inside that fair | ||
202 | |201 |00:15:20 ~-~-> 00:15:24 |value gap down to the high of the first fair value gap I showed you to pay | ||
203 | |202 |00:15:24 ~-~-> 00:15:28 |attention to today, not first presented fair value gap, the first one I outlined | ||
204 | |203 |00:15:28 ~-~-> 00:15:35 |in discussion in that video, which is on x. And if I don't forget, just know that | ||
205 | |204 |00:15:36 ~-~-> 00:15:39 |you can easily prompt me to add the link to it if I forget, because, you know, | ||
206 | |205 |00:15:39 ~-~-> 00:15:45 |I'm getting in my older years, and I I'm not as sharp as I used to be. Sometimes | ||
207 | |206 |00:15:45 ~-~-> 00:15:49 |I forget to do things. And you know, I want to be able to have those links in | ||
208 | |207 |00:15:49 ~-~-> 00:15:52 |the description or at least the comment section of this video, so that way | ||
209 | |208 |00:15:52 ~-~-> 00:15:55 |people that are looking at it later on, years from now, they can click on it. | ||
210 | |209 |00:15:55 ~-~-> 00:15:59 |It'll take them to the video on my ex channel where I outline all this stuff | ||
211 | |210 |00:15:59 ~-~-> 00:16:05 |real time and whatnot. So we're going to look at the first percentage fair value | ||
212 | |211 |00:16:05 ~-~-> 00:16:10 |gap today for June 2, 2025 for nq, and that's the very first percent of fair | ||
213 | |212 |00:16:10 ~-~-> 00:16:14 |value gap here. Okay, and you can see how we were using relative equal lows | ||
214 | |213 |00:16:14 ~-~-> 00:16:18 |here, setting the stage for a initial rally up, then drops down. They clear | ||
215 | |214 |00:16:18 ~-~-> 00:16:22 |that liquidity goes right to the high of that 15 minute fair value gap then rips | ||
216 | |215 |00:16:22 ~-~-> 00:16:27 |higher, comes back down, consequent encroachment upper quadrant and high in | ||
217 | |216 |00:16:27 ~-~-> 00:16:31 |that area there, leaving the lower half intact, not doing anything with it. | ||
218 | |217 |00:16:31 ~-~-> 00:16:34 |That's exactly what we want to see. If it's going to be bullish. It rallies | ||
219 | |218 |00:16:34 ~-~-> 00:16:38 |back up into last Friday's first presenter fair value gap in gray, and | ||
220 | |219 |00:16:38 ~-~-> 00:16:44 |then back up into the first presence of fairbag up for today, Monday. So we | ||
221 | |220 |00:16:44 ~-~-> 00:16:49 |accumulate anything going along in here, trading up higher into that 12 minutes | ||
222 | |221 |00:16:49 ~-~-> 00:16:53 |after 10 fair value gap from last Friday, which I shared. It was, it was | ||
223 | |222 |00:16:53 ~-~-> 00:16:57 |one that I liked. And you're going to ask me what that was, okay, and I'm | ||
224 | |223 |00:16:57 ~-~-> 00:17:02 |going to just tell you, honestly, it's another PD array that that fair value | ||
225 | |224 |00:17:02 ~-~-> 00:17:05 |gap is, and I don't want to teach it publicly. It will be in book, but it | ||
226 | |225 |00:17:05 ~-~-> 00:17:09 |won't be public, because there's so many people right now scratching together | ||
227 | |226 |00:17:09 ~-~-> 00:17:14 |some Mickey Mouse version of what I'm teaching ongoing here, and they're just | ||
228 | |227 |00:17:14 ~-~-> 00:17:18 |trying to get a book out ahead of me, but they're going to be incomplete and | ||
229 | |228 |00:17:18 ~-~-> 00:17:22 |intending it to be that way, because their books are going to be literally | ||
230 | |229 |00:17:22 ~-~-> 00:17:28 |ridiculously misinformation. You can see all the accumulation of 10, twelves, | ||
231 | |230 |00:17:29 ~-~-> 00:17:35 |fair value gap from Friday, accumulating it there and sending it up into the buy | ||
232 | |231 |00:17:35 ~-~-> 00:17:38 |side above the high it was formed here. And then they started taking out | ||
233 | |232 |00:17:38 ~-~-> 00:17:42 |relative equal lows where sell side would be. So they drop it down to | ||
234 | |233 |00:17:42 ~-~-> 00:17:48 |accumulate more sell side liquidity to go long, rallies up, and then once more, | ||
235 | |234 |00:17:48 ~-~-> 00:17:53 |we have sell side here. They take it down below that, accumulate that sell | ||
236 | |235 |00:17:53 ~-~-> 00:17:57 |side liquidity to be counterparty to smart money being long, and they send it | ||
237 | |236 |00:17:57 ~-~-> 00:18:02 |up higher, moving into the future. Same thing here. There's those lows we're | ||
238 | |237 |00:18:02 ~-~-> 00:18:05 |just talking about. And then there's a fair value gap there. They hit it once | ||
239 | |238 |00:18:05 ~-~-> 00:18:12 |more. Rally up another fair value gap there in the pm session, and accumulate | ||
240 | |239 |00:18:12 ~-~-> 00:18:17 |into the final 15 minutes or so, 10 minutes of trading market on Close. And | ||
241 | |240 |00:18:18 ~-~-> 00:18:22 |they pump it once more. That rally up in there takes us above the new week | ||
242 | |241 |00:18:22 ~-~-> 00:18:28 |opening gap high, and I'll show you that chart in a moment. So here, this is what | ||
243 | |242 |00:18:28 ~-~-> 00:18:31 |I kind of want you to think about. Here's how many high frequency trading | ||
244 | |243 |00:18:31 ~-~-> 00:18:37 |setups were based on just these two fair value gaps. Okay, we went below it. I | ||
245 | |244 |00:18:37 ~-~-> 00:18:41 |told you that we would see that drop down to take the liquidity, and then it | ||
246 | |245 |00:18:41 ~-~-> 00:18:47 |rallies up, comes back down, once more low the day. Here's entry from here to | ||
247 | |246 |00:18:47 ~-~-> 00:18:51 |here, this level here to that level here. That's that's one setup. Another | ||
248 | |247 |00:18:51 ~-~-> 00:18:57 |one is here, using the high of this fair value gap up to the low of this fair | ||
249 | |248 |00:18:57 ~-~-> 00:19:03 |value gap. That's a price run. How many trades is that? Two already two in a | ||
250 | |249 |00:19:03 ~-~-> 00:19:06 |span of a very short period of time, less than a half an hour or so, you | ||
251 | |250 |00:19:06 ~-~-> 00:19:14 |already got two trades on or you could have been using it as a long partial or | ||
252 | |251 |00:19:14 ~-~-> 00:19:18 |pyramid for continuation to that one. See how you can have the flexibility. | ||
253 | |252 |00:19:18 ~-~-> 00:19:22 |You decide what you want to do with this information. You decide, you flesh out | ||
254 | |253 |00:19:22 ~-~-> 00:19:25 |your model. And then we have the | ||
255 | |254 |00:19:27 ~-~-> 00:19:31 |turtle suit, which I showed myself trading. Run this high here, and we'll | ||
256 | |255 |00:19:31 ~-~-> 00:19:37 |use a drawback into that second fair value gap on the 15 minute time thing | ||
257 | |256 |00:19:37 ~-~-> 00:19:41 |that I outlined, which is the higher the two. So that was a short you watch me | ||
258 | |257 |00:19:41 ~-~-> 00:19:47 |literally do that on X today, and then going along here to do another run up to | ||
259 | |258 |00:19:47 ~-~-> 00:19:52 |take out that high using the high the fair value gap. It's in red to run by | ||
260 | |259 |00:19:52 ~-~-> 00:19:57 |side. So entry here, exit here. So A is entry, B is exit. So that way you're | ||
261 | |260 |00:19:57 ~-~-> 00:20:02 |following along in the chart. Same thing here. Are going along here, taking out | ||
262 | |261 |00:20:02 ~-~-> 00:20:06 |the buy stops above that high here. So that's another trade using this simple | ||
263 | |262 |00:20:07 ~-~-> 00:20:11 |fair value gap idea. And you keep walking forward every time the 15 minute | ||
264 | |263 |00:20:11 ~-~-> 00:20:15 |chart creates a new fair value gap, you just add that on to the previous fair | ||
265 | |264 |00:20:15 ~-~-> 00:20:18 |value gap that you were using in the series throughout the day. See how | ||
266 | |265 |00:20:18 ~-~-> 00:20:23 |dynamic that range becomes, and you don't forget the other one, you know, | ||
267 | |266 |00:20:23 ~-~-> 00:20:27 |like, for instance, this one here, say a 15 minute fair value got formed above | ||
268 | |267 |00:20:27 ~-~-> 00:20:31 |this one, like up in here. Well, then you'd use this one and whatever that one | ||
269 | |268 |00:20:31 ~-~-> 00:20:36 |was, and then this one, you'd still have in your chart, but you would just work | ||
270 | |269 |00:20:36 ~-~-> 00:20:39 |with the two most recent ones, and you're constantly reading order flow in | ||
271 | |270 |00:20:39 ~-~-> 00:20:44 |relationship to those 215 minute fair value gaps. It gives you a dynamic ebb | ||
272 | |271 |00:20:44 ~-~-> 00:20:49 |and flow of reading institutional order flow without garbage level two data | ||
273 | |272 |00:20:49 ~-~-> 00:20:55 |which is spoofed. Okay, I never use that information. I don't counsel to use that | ||
274 | |273 |00:20:55 ~-~-> 00:20:58 |information. And because large institutions, investment banks, they can | ||
275 | |274 |00:20:58 ~-~-> 00:21:03 |fake big blocks of orders to influence you guys, new retail traders that think | ||
276 | |275 |00:21:03 ~-~-> 00:21:07 |that, oh, wow, it's going to probably gravitate to that, because there's a big | ||
277 | |276 |00:21:07 ~-~-> 00:21:12 |order number of contracts out there when that's neither important or many times | ||
278 | |277 |00:21:12 ~-~-> 00:21:18 |valid, dropping down into this here. Just remember this price return to | ||
279 | |278 |00:21:18 ~-~-> 00:21:25 |21,237 we'll move forward. That's here, okay, so we can see using the first | ||
280 | |279 |00:21:25 ~-~-> 00:21:30 |percent of fairbag app. We can see a short here in first percent of fair | ||
281 | |280 |00:21:30 ~-~-> 00:21:37 |value gap down to this level. So entry to target, or target here, new entry | ||
282 | |281 |00:21:37 ~-~-> 00:21:42 |here, using the higher fair value gap from the 15 minute timeframe up to first | ||
283 | |282 |00:21:42 ~-~-> 00:21:47 |presents a fair value gap below that shaded green box. Okay, so that's a | ||
284 | |283 |00:21:47 ~-~-> 00:21:52 |trade there. Entering here inside of Friday's first presents a fair value gap | ||
285 | |284 |00:21:52 ~-~-> 00:22:00 |in the gray trading that up into this run up here, taking that liquidity out. | ||
286 | |285 |00:22:00 ~-~-> 00:22:05 |You had to sit through all this time distortion. And you can pyramid here, | ||
287 | |286 |00:22:05 ~-~-> 00:22:09 |you can pyramid here, and then finally getting out there. And you can leave a | ||
288 | |287 |00:22:09 ~-~-> 00:22:12 |runner on for the rest of the day if you wanted to try to get in a new week, | ||
289 | |288 |00:22:12 ~-~-> 00:22:17 |opening gap high. So you know, in the past, when people watched me trade the | ||
290 | |289 |00:22:17 ~-~-> 00:22:22 |forex market and I ran the very small balances up to ridiculous levels. And I | ||
291 | |290 |00:22:22 ~-~-> 00:22:26 |did it in very short time span. I was trading just like this, folks, but I was | ||
292 | |291 |00:22:26 ~-~-> 00:22:29 |doing it with currencies, and I was trading with four and a half, sometimes | ||
293 | |292 |00:22:29 ~-~-> 00:22:34 |5% each one of these trades, I would be risking four and a half to 5% and as | ||
294 | |293 |00:22:34 ~-~-> 00:22:39 |that new equity would be building, it would allow me more lots for the | ||
295 | |294 |00:22:39 ~-~-> 00:22:42 |currency that I was trading, building up, building up, building up, building | ||
296 | |295 |00:22:42 ~-~-> 00:22:46 |up, building up. And as it happens, within a month, sometimes two, two and a | ||
297 | |296 |00:22:46 ~-~-> 00:22:50 |half months, you know, we're in the stratosphere, because the equity curve | ||
298 | |297 |00:22:50 ~-~-> 00:22:52 |is basically like the backslash | ||
299 | |298 |00:23:02 ~-~-> 00:23:07 |that looks folks. That's the first one in this new series. And as I go through, | ||
300 | |299 |00:23:07 ~-~-> 00:23:11 |I'll do, I'll do 4x as well. I was a little tired today, so I'll, I'll give | ||
301 | |300 |00:23:11 ~-~-> 00:23:16 |you an example in enqueue each day, and in a separate video, I'll give you one | ||
302 | |301 |00:23:16 ~-~-> 00:23:20 |with a forex pair. Okay, so until I talk to you next time, be safe. |