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2 |1 |00:00:00 ~-~-> 00:00:22 |ICT: Uh. Folks, welcome back. All right, so we're going to be looking at the
3 |2 |00:00:22 ~-~-> 00:00:31 |storyteller series for 2025 for Nasdaq futures contract for June delivery
4 |3 |00:00:31 ~-~-> 00:00:40 |contract, month, June 5. 2025 All right, let's get right into it here. Obviously,
5 |4 |00:00:40 ~-~-> 00:00:47 |I'll counsel you to look at yesterday's June 4, 2025, storytellers edition on
6 |5 |00:00:47 ~-~-> 00:00:54 |this YouTube channel. And you'll see the levels I have here, the smaller ones,
7 |6 |00:00:54 ~-~-> 00:00:57 |the things I'm going to draw your attention to here will be obviously
8 |7 |00:00:57 ~-~-> 00:01:03 |meant as we go through this short, little review and video, but all these
9 |8 |00:01:03 ~-~-> 00:01:07 |details over here, this is all stuff that was included in yesterday's
10 |9 |00:01:07 ~-~-> 00:01:13 |discussion. And then on the daily chart, we were looking at an old inefficiency,
11 |10 |00:01:13 ~-~-> 00:01:19 |or daily Sibi, and I told you I had it graded, where the upper level, upper
12 |11 |00:01:19 ~-~-> 00:01:24 |quadrant, consequent encroachment lower quadrant and the low of that daily City,
13 |12 |00:01:25 ~-~-> 00:01:33 |one of the things that Non Farm Payroll week really gives us a challenge with
14 |13 |00:01:33 ~-~-> 00:01:38 |sometimes is leading up to the actual event on Friday morning at 830 Eastern
15 |14 |00:01:38 ~-~-> 00:01:47 |Time, where they release the employment data. One of the major reasons why I
16 |15 |00:01:47 ~-~-> 00:01:53 |tell students to try to avoid trading this particular week after Wednesday
17 |16 |00:01:53 ~-~-> 00:01:58 |london session, going into Wednesday New York session, you want to be basically
18 |17 |00:01:58 ~-~-> 00:02:03 |done all of your trading last 7am Eastern Time in my in my opinion, for a
19 |18 |00:02:03 ~-~-> 00:02:06 |new trader, it's going to be advantageous for you if you did
20 |19 |00:02:06 ~-~-> 00:02:11 |something like that. But a lot of you don't want to listen, and you want to
21 |20 |00:02:11 ~-~-> 00:02:15 |just go in here and discover for yourself that fafo really is something
22 |21 |00:02:15 ~-~-> 00:02:22 |that you should have been more aware of. So because it can be consolidated,
23 |22 |00:02:22 ~-~-> 00:02:26 |because it can be range bound when, whenever we have a higher Time Frame
24 |23 |00:02:26 ~-~-> 00:02:30 |inefficiency, it's most likely going to use that higher Time Frame inefficiency
25 |24 |00:02:32 ~-~-> 00:02:37 |as the easiest form of real listen to this. Listen to this. Okay, real support
26 |25 |00:02:37 ~-~-> 00:02:42 |and resistance, not some contrived idea that, well, this is the right high, or
27 |26 |00:02:42 ~-~-> 00:02:46 |this is the right low, because, you know, I just feel like it's the right
28 |27 |00:02:46 ~-~-> 00:02:51 |one to draw from. No Okay, having a level of understanding where
29 |28 |00:02:51 ~-~-> 00:02:57 |inefficiencies are is hugely advantageous. And I'm going to show you
30 |29 |00:02:57 ~-~-> 00:03:01 |today. You know what that means. I'm only going to go right into the one
31 |30 |00:03:01 ~-~-> 00:03:05 |minute chart, as you see here, because all the detail is in the one minute
32 |31 |00:03:05 ~-~-> 00:03:11 |chart. I don't need to go in any other time frame. I did not do any new week
33 |32 |00:03:11 ~-~-> 00:03:16 |opening gap utilization today. I did not use any opening range gaps. I did not
34 |33 |00:03:16 ~-~-> 00:03:22 |use any first presented fair value gap. I did not use any of those things today.
35 |34 |00:03:22 ~-~-> 00:03:27 |Not one thing like that at all. I just simply used the inefficiencies that were
36 |35 |00:03:27 ~-~-> 00:03:31 |mentioned yesterday and the one that's on the daily chart, okay? And you can
37 |36 |00:03:31 ~-~-> 00:03:36 |see these levels here, daily City High, consequence, encouragement and this
38 |37 |00:03:36 ~-~-> 00:03:39 |daily city low. This line here is just the sell side liquidity pool. Before I
39 |38 |00:03:39 ~-~-> 00:03:46 |move this slide. Rewind it again, you'll see it inefficiency from yesterday on
40 |39 |00:03:46 ~-~-> 00:03:50 |Wednesday, and the same thing here. Okay, so these are previous days in
41 |40 |00:03:51 ~-~-> 00:03:55 |inefficiencies. So if we're going to sell off and go outside the low of the
42 |41 |00:03:55 ~-~-> 00:04:00 |daily city, then we have to have an understanding where it could go. And the
43 |42 |00:04:00 ~-~-> 00:04:05 |easiest one is use what was day before. Very simple. It's not complicated, is
44 |43 |00:04:06 ~-~-> 00:04:11 |it? So I want you to take a look at what I did on x this morning, I was trading
45 |44 |00:04:11 ~-~-> 00:04:18 |london session, and I shorted near the high of the London session and banked on
46 |45 |00:04:19 ~-~-> 00:04:25 |a obvious draw on liquidity. I could have held for lower but I was content
47 |46 |00:04:25 ~-~-> 00:04:31 |with what I showed and I tried to get some sleep, but I got an unction that I
48 |47 |00:04:31 ~-~-> 00:04:36 |just wanted to just really tear it up today so I was not able to actually go
49 |48 |00:04:36 ~-~-> 00:04:42 |to sleep. I formulated a game plan on how I was going to use the daily Sibi
50 |49 |00:04:42 ~-~-> 00:04:49 |here. So when we had 830 employment data, not non, not Non Farm Payroll, but
51 |50 |00:04:49 ~-~-> 00:04:53 |it used look at the bodies it's using the lower quadrant of that daily city.
52 |51 |00:04:54 ~-~-> 00:05:00 |And then it rallied up, came right back down in inversion. Fair Value got. It
53 |52 |00:05:00 ~-~-> 00:05:06 |hits it here, rallies up, takes the daily City High out the body, stay
54 |53 |00:05:06 ~-~-> 00:05:10 |inside of it, meaning what it's probably going to go up there one more time. Why?
55 |54 |00:05:10 ~-~-> 00:05:14 |Because we're already long term bullish anyway. So it didn't leave a close or
56 |55 |00:05:14 ~-~-> 00:05:19 |any body portion up there. It just wicked up there. And then this is bait.
57 |56 |00:05:20 ~-~-> 00:05:25 |Look for shorts, and retail is going to want to short and hold it forever. Now I
58 |57 |00:05:25 ~-~-> 00:05:30 |can go in there and I'll wait for an order block up close candle. I'm giving
59 |58 |00:05:30 ~-~-> 00:05:35 |you this rough idea here because I want you to go into your one minute chart and
60 |59 |00:05:35 ~-~-> 00:05:38 |flesh it out. But this up close candle here is a bare shorter block, and when
61 |60 |00:05:38 ~-~-> 00:05:43 |it went up in that that's a sell a short and aiming for the liquidity wrestling
62 |61 |00:05:43 ~-~-> 00:05:49 |below here. And then the market went back and forth in here. I tried to see
63 |62 |00:05:50 ~-~-> 00:05:56 |what type of a long that could be formed in here. And then it came back down
64 |63 |00:05:56 ~-~-> 00:06:01 |against me and stopped me out a little bit premature before the run up in here,
65 |64 |00:06:02 ~-~-> 00:06:07 |building another interest in going along to take out this high. You can see how
66 |65 |00:06:07 ~-~-> 00:06:14 |they use the daily Sibi, consequent encroachment consolidated around the
67 |66 |00:06:14 ~-~-> 00:06:21 |upper quadrant back into a bullish fair value gap. Look at the bodies here. Then
68 |67 |00:06:21 ~-~-> 00:06:26 |it rallies up into daily City High, and then rips through it. And it spent a
69 |68 |00:06:26 ~-~-> 00:06:30 |whole lot of time in here. And this is characteristic of Non Farm Payroll week
70 |69 |00:06:30 ~-~-> 00:06:37 |on Wednesdays and Thursdays. It can be very just annoying. Okay, that's really
71 |70 |00:06:37 ~-~-> 00:06:44 |the best word I can use for it, looking to get short in here and trying to
72 |71 |00:06:44 ~-~-> 00:06:49 |actually get the actual high or the swing high in here. It can be
73 |72 |00:06:49 ~-~-> 00:06:55 |frustrating, and it can force you out of the trade or stop you out. And then
74 |73 |00:06:55 ~-~-> 00:06:58 |you'd have to look for another, another short entry if you're going to be trying
75 |74 |00:06:58 ~-~-> 00:07:02 |to trade the extreme outside of daily city. Now you may be asking, why would
76 |75 |00:07:02 ~-~-> 00:07:05 |you want to do that? If you're primarily bullish? Because we're leaving this
77 |76 |00:07:05 ~-~-> 00:07:10 |inefficiency on a day before Non Farm Payroll. So the real event is tomorrow.
78 |77 |00:07:11 ~-~-> 00:07:15 |So this is just them setting the stage and getting people trapped, buying a
79 |78 |00:07:15 ~-~-> 00:07:20 |breakout above here. That's what this is. Okay? So fading that idea and an
80 |79 |00:07:20 ~-~-> 00:07:24 |inversion fair value gap here, building a short into that, then a sell side
81 |80 |00:07:24 ~-~-> 00:07:28 |imbalance, buy side, efficiency standard, classic, ICT, bearish fair
82 |81 |00:07:28 ~-~-> 00:07:32 |value gap trades up into that with a small little rally above that, stop
83 |82 |00:07:32 ~-~-> 00:07:39 |hunt, breaks lower, comes back up in easy fair value gap to sell Short in
84 |83 |00:07:39 ~-~-> 00:07:46 |there, rips lower. Below these relative equal lows down to daily city low, so it
85 |84 |00:07:46 ~-~-> 00:07:52 |rallies back up into half of daily city. So consequent encroachment, building in
86 |85 |00:07:52 ~-~-> 00:07:56 |shorts, building in shorts, building in shorts, breaks lower fair value gap,
87 |86 |00:07:56 ~-~-> 00:08:01 |fair value gap in there as well, breaks lower fair value gap there, rips lower,
88 |87 |00:08:01 ~-~-> 00:08:07 |takes out the sell side there, and below the previous days relative equal lows.
89 |88 |00:08:07 ~-~-> 00:08:12 |And again, look at your when Wednesday's trading in the slide before this one
90 |89 |00:08:12 ~-~-> 00:08:16 |here, you'll see that that is the obvious sell side liquidity pool. It was
91 |90 |00:08:16 ~-~-> 00:08:19 |easy. And then below that was the inefficiency I showed you yesterday.
92 |91 |00:08:20 ~-~-> 00:08:27 |Then rallies back up to the lower quadrant. Okay, look at the utilization
93 |92 |00:08:27 ~-~-> 00:08:34 |of these levels. Pounds encroachment. Lower quadrant breaks below it comes
94 |93 |00:08:34 ~-~-> 00:08:39 |back up in here, another shorting opportunity there, breaks aggressively
95 |94 |00:08:39 ~-~-> 00:08:44 |lower down into inefficiencies from Wednesday, then rallies back up in and
96 |95 |00:08:44 ~-~-> 00:08:48 |my interest element at that time was abated, and I wasn't no longer
97 |96 |00:08:48 ~-~-> 00:08:51 |interested, but it did offer new opportunities back inside the
98 |97 |00:08:51 ~-~-> 00:08:58 |inefficiency here, trades up into it. There. There breaks lower, rallies back
99 |98 |00:08:58 ~-~-> 00:09:05 |up into it, trades below it. Upper quadrant breaks lower, consequent
100 |99 |00:09:05 ~-~-> 00:09:10 |encroachment, and then trades lower here and leaves these relative equal lows and
101 |100 |00:09:10 ~-~-> 00:09:14 |at the close of the day, and then they open it way down here, and then right
102 |101 |00:09:14 ~-~-> 00:09:19 |back up to the low the inefficiency here and closing in that new day, opening
103 |102 |00:09:19 ~-~-> 00:09:27 |gap. So I want you to study this. Okay, and I shared a chart with price swings
104 |103 |00:09:27 ~-~-> 00:09:35 |annotated where buying and selling utilizing the things I teach, how that
105 |104 |00:09:35 ~-~-> 00:09:41 |was not requiring all the things that I talked about. It was just simply one
106 |105 |00:09:41 ~-~-> 00:09:49 |thing, the daily Sibi, the daily Sibi within the context of a week or
107 |106 |00:09:49 ~-~-> 00:09:54 |condition that is prone to be consolidating you.
108 |107 |00:10:00 ~-~-> 00:10:06 |So this one, admittedly, was meant to get your gears turning and get you into
109 |108 |00:10:06 ~-~-> 00:10:10 |your own charts. You don't need every moving part, every little tinker toy
110 |109 |00:10:10 ~-~-> 00:10:14 |that I've ever introduced, knowing what you're looking for in the climate or the
111 |110 |00:10:14 ~-~-> 00:10:19 |market structure based on the economic calendar, how we're going to trade. Is
112 |111 |00:10:19 ~-~-> 00:10:23 |it going to be range bound. It's gonna be trending. It's gonna be reversal. All
113 |112 |00:10:23 ~-~-> 00:10:29 |these ideas are the building blocks of how I started the mentorship in 2016 and
114 |113 |00:10:29 ~-~-> 00:10:35 |2017 the elements of a trade setup. If you look at that video on my YouTube
115 |114 |00:10:35 ~-~-> 00:10:42 |channel, it will help you understand how today was very, very easy, as long as
116 |115 |00:10:42 ~-~-> 00:10:47 |we're inside that daily city. Once we leave the city, then we have to look at
117 |116 |00:10:47 ~-~-> 00:10:52 |other tools and other reference points, but again, study the one minute chart
118 |117 |00:10:52 ~-~-> 00:10:56 |from your own charts, and I'll touch base with you tomorrow. Lord willing.
119 |118 |00:10:57 ~-~-> 00:10:58 |You.