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