Wiki source code of ICT YT - 2025-06-06 - 2025 Storytellers Series - NQ Futures 06-05-2025
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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. |