Wiki source code of ICT YT - 2025-09-17 - Trading All Time Market Highs
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2 | |1 |00:00:00 ~-~-> 00:00:04 |ICT: Hello folks, how are you? Hope you're doing well. So tonight, | ||
3 | |2 |00:00:05 ~-~-> 00:00:14 |obviously, is September 16, 2025 and some of you got a little upset with me, | ||
4 | |3 |00:00:14 ~-~-> 00:00:20 |didn't you? Last night was a lesson on patience. Now, I've done that in the | ||
5 | |4 |00:00:20 ~-~-> 00:00:25 |past, but I promise I won't pull any shenanigans past that. But I wanted to | ||
6 | |5 |00:00:25 ~-~-> 00:00:30 |show you how in this industry, it's very important that you try to refrain from | ||
7 | |6 |00:00:30 ~-~-> 00:00:34 |building a lot of anticipation and expectation of doing something right | ||
8 | |7 |00:00:34 ~-~-> 00:00:41 |away, and by priming you about a specific time, a very specific date in | ||
9 | |8 |00:00:41 ~-~-> 00:00:46 |advance, it got you excited, much like when you learned something new from me. | ||
10 | |9 |00:00:47 ~-~-> 00:00:52 |Tonight, we'll go over some things, and I don't want you to run right out there | ||
11 | |10 |00:00:52 ~-~-> 00:00:56 |tomorrow and try to apply all this and try to risk real money. That's the last | ||
12 | |11 |00:00:56 ~-~-> 00:01:03 |thing I want you to do. What I want you to do is build a library of information. | ||
13 | |12 |00:01:04 ~-~-> 00:01:09 |Now, I'm going to be making available all the lecture notes each time I do it, | ||
14 | |13 |00:01:09 ~-~-> 00:01:13 |and it'll be shared in the telegram channel. And you can find the link in | ||
15 | |14 |00:01:13 ~-~-> 00:01:17 |the last page of the presentation tonight. It'll be in the lecture notes. | ||
16 | |15 |00:01:17 ~-~-> 00:01:21 |Also the hyperlink you can go to my YouTube channel, click on the | ||
17 | |16 |00:01:21 ~-~-> 00:01:26 |description of my YouTube channel and scrub down to where it gives you the | ||
18 | |17 |00:01:26 ~-~-> 00:01:32 |link to Twitter and my personal website, and at the bottom, you'll see the | ||
19 | |18 |00:01:32 ~-~-> 00:01:36 |official telegram channel link. Okay, there's a lot of fakes out there | ||
20 | |19 |00:01:36 ~-~-> 00:01:41 |pretending to be me right now and doing a lot of scams, offering fake investment | ||
21 | |20 |00:01:42 ~-~-> 00:01:47 |opportunities, and crypto this, and crypto that, and or automated trading. I | ||
22 | |21 |00:01:47 ~-~-> 00:01:51 |don't do any of those things. Okay? I'm not trying to hawk or sell anything to | ||
23 | |22 |00:01:51 ~-~-> 00:01:56 |you in the telegram channel, and I'm never going to DM you in telegram. If | ||
24 | |23 |00:01:56 ~-~-> 00:02:03 |you DM me, I'm going to ignore you. Okay, so tonight, I'm going to be | ||
25 | |24 |00:02:03 ~-~-> 00:02:11 |talking about the principle of trading all time market highs. Now, admittedly, | ||
26 | |25 |00:02:11 ~-~-> 00:02:15 |this is something that I had struggled with when I was a younger trader, | ||
27 | |26 |00:02:15 ~-~-> 00:02:20 |because I wanted to pick the tops. I figured the richest people in the world | ||
28 | |27 |00:02:20 ~-~-> 00:02:27 |traded like that. So I was trying to find that elusive recipe, if you will. | ||
29 | |28 |00:02:28 ~-~-> 00:02:32 |And it doesn't exist. Okay? I can promise you that there is no one out | ||
30 | |29 |00:02:32 ~-~-> 00:02:36 |there that's going to be able to tell you when a bull market is complete, | ||
31 | |30 |00:02:36 ~-~-> 00:02:42 |especially when it's trading at all time highs, it's a guess. Okay, and if there | ||
32 | |31 |00:02:42 ~-~-> 00:02:48 |was a science to that, I probably would be the person to know how to do it, but | ||
33 | |32 |00:02:49 ~-~-> 00:02:53 |I don't believe it's possible, okay? And the reason why is you don't know how far | ||
34 | |33 |00:02:53 ~-~-> 00:02:58 |they're going to go with it, and they keep pressing the boundaries of | ||
35 | |34 |00:02:58 ~-~-> 00:03:04 |discovery on what the extreme can be. Each day, it'll make a new higher high. | ||
36 | |35 |00:03:05 ~-~-> 00:03:11 |And the worst thing I had to discover was I missed a lot of really good buying | ||
37 | |36 |00:03:11 ~-~-> 00:03:18 |opportunities in the past. So learning this skill set tonight isn't going to be | ||
38 | |37 |00:03:18 ~-~-> 00:03:22 |a one and done. You learn everything by watching this video, but I'm going to | ||
39 | |38 |00:03:22 ~-~-> 00:03:28 |give you a lot of principles that at least helped me and helped a lot of my | ||
40 | |39 |00:03:28 ~-~-> 00:03:32 |students over the decades of me teaching. So let's get on with it. | ||
41 | |40 |00:03:37 ~-~-> 00:03:42 |All right. Trading all time highs in any market now I have that slightly | ||
42 | |41 |00:03:42 ~-~-> 00:03:47 |different in the wording, because I want you to understand that while I'm talking | ||
43 | |42 |00:03:47 ~-~-> 00:03:52 |about this tonight, over in NASDAQ chart, I know some of you that are all | ||
44 | |43 |00:03:52 ~-~-> 00:03:57 |Forex only, and you're already thinking, I'm never going to talk about forex. I | ||
45 | |44 |00:03:57 ~-~-> 00:04:00 |am going to talk about forex. Everything I'm talking about tonight is applicable | ||
46 | |45 |00:04:00 ~-~-> 00:04:07 |to forex and futures and any other market. Okay, so when we get into the | ||
47 | |46 |00:04:07 ~-~-> 00:04:11 |analysis, which won't start until two weeks from now, okay, so I told you | ||
48 | |47 |00:04:11 ~-~-> 00:04:16 |there'd be 10 fundamental and foundational studies and lectures. So | ||
49 | |48 |00:04:16 ~-~-> 00:04:20 |there'll be one this Saturday. There won't be any on Saturday and Sunday | ||
50 | |49 |00:04:20 ~-~-> 00:04:25 |normally. So this week, this because I gave you a little teaser last night and | ||
51 | |50 |00:04:25 ~-~-> 00:04:30 |just to see who would complain so I could block them on my social media | ||
52 | |51 |00:04:30 ~-~-> 00:04:35 |accounts. I don't want to see complainers. The idea is that we're | ||
53 | |52 |00:04:35 ~-~-> 00:04:39 |going to teach the principles that I want to cover. They're topical studies. | ||
54 | |53 |00:04:39 ~-~-> 00:04:43 |Okay? So I'm not teaching a model. I've already taught enough models. I'm | ||
55 | |54 |00:04:43 ~-~-> 00:04:47 |teaching topical studies that will help enhance the likelihood that you'll find | ||
56 | |55 |00:04:47 ~-~-> 00:04:51 |success with what I already taught. Okay, so it's not that I'm trying to | ||
57 | |56 |00:04:52 ~-~-> 00:04:57 |reinvent the wheel or give you something new and shiny. I'm trying to build and | ||
58 | |57 |00:04:57 ~-~-> 00:05:02 |beef up your present understanding. Okay, so that's really primarily what | ||
59 | |58 |00:05:02 ~-~-> 00:05:06 |we're doing over the next couple months, until we get into the second week of | ||
60 | |59 |00:05:06 ~-~-> 00:05:11 |November, and then I'll go on to my traditional holiday break. All right, so | ||
61 | |60 |00:05:11 ~-~-> 00:05:16 |trading all time highs in any market. When a market is trading at all time | ||
62 | |61 |00:05:16 ~-~-> 00:05:20 |highs, it is more likely that it will continue to post higher all time highs, | ||
63 | |62 |00:05:21 ~-~-> 00:05:27 |key reference points in algorithmic price delivery. Look for price to trade | ||
64 | |63 |00:05:27 ~-~-> 00:05:32 |under down close candles, closing prices. These are rejection blocks, and | ||
65 | |64 |00:05:32 ~-~-> 00:05:39 |they tend to promote new runs higher in price, if possible. Look for all buy | ||
66 | |65 |00:05:39 ~-~-> 00:05:43 |side and balance, sell side, inefficiency, fair value gaps. To offer | ||
67 | |66 |00:05:43 ~-~-> 00:05:51 |redelivery prior to new legs, higher in price. Grade All premium candle wicks | ||
68 | |67 |00:05:51 ~-~-> 00:05:55 |and anticipate the gradient levels to offer discount sensitivity in price. | ||
69 | |68 |00:05:58 ~-~-> 00:06:03 |Look through up close candles and refer to the premium candle wicks. They need | ||
70 | |69 |00:06:03 ~-~-> 00:06:08 |not be isolated, and I'll cover what that means in a few moments. Look for | ||
71 | |70 |00:06:08 ~-~-> 00:06:14 |price to trade under up close candles, closing prices near all time highs | ||
72 | |71 |00:06:14 ~-~-> 00:06:19 |markets tend to overshoot previous close redelivery in the form of bear traps, | ||
73 | |72 |00:06:21 ~-~-> 00:06:26 |immediate rebalance is typically very strong and is likely to offer discount | ||
74 | |73 |00:06:26 ~-~-> 00:06:34 |sensitivity, avoid predicting the reversal high. In other words, simply | ||
75 | |74 |00:06:34 ~-~-> 00:06:38 |stay bullish until the market proves to you that it's completely and utterly | ||
76 | |75 |00:06:38 ~-~-> 00:06:43 |broke down and reversed. Now that might sound scary. What happens if I get into | ||
77 | |76 |00:06:43 ~-~-> 00:06:48 |a trade Michael and I'm long and the market completely collapses and hurts me | ||
78 | |77 |00:06:48 ~-~-> 00:06:54 |and I lose money. That's part of this. You can't go through this industry and | ||
79 | |78 |00:06:54 ~-~-> 00:06:58 |have a career where you never have anything bad happen to you. That's | ||
80 | |79 |00:06:58 ~-~-> 00:07:04 |unfortunate, because everyone comes into this industry like I did, too, and we | ||
81 | |80 |00:07:04 ~-~-> 00:07:07 |think that we're going to be the exception. We're not going to find that | ||
82 | |81 |00:07:08 ~-~-> 00:07:12 |very painful outcome. And if you're going to be trading markets that are | ||
83 | |82 |00:07:12 ~-~-> 00:07:16 |trading at all time highs, you either let the market go without you and trade | ||
84 | |83 |00:07:16 ~-~-> 00:07:20 |something else, or you submit to the idea that you want to keep taking buy | ||
85 | |84 |00:07:20 ~-~-> 00:07:27 |signals and let money management and good trade management do its job if | ||
86 | |85 |00:07:28 ~-~-> 00:07:36 |you're not over leveraging, if not over well, over trading, pushing the | ||
87 | |86 |00:07:36 ~-~-> 00:07:41 |boundaries of what you're really capable of weathering as a trader In terms of a | ||
88 | |87 |00:07:41 ~-~-> 00:07:46 |loss, as long as you're not doing that, it won't take you out of the game. If | ||
89 | |88 |00:07:46 ~-~-> 00:07:49 |you're fearful that it's going to take you out of the game on any one | ||
90 | |89 |00:07:49 ~-~-> 00:07:54 |particular trader or one market condition setup, then you're probably | ||
91 | |90 |00:07:54 ~-~-> 00:07:59 |over, over leveraging, and you're doing too much where the outcome of one single | ||
92 | |91 |00:07:59 ~-~-> 00:08:04 |transaction will completely undermine you. And no trader should ever have | ||
93 | |92 |00:08:04 ~-~-> 00:08:08 |their leverage or gearing on their trades that high right. So we're going | ||
94 | |93 |00:08:09 ~-~-> 00:08:14 |to take a look at the chart here on the left hand side, and this is a daily | ||
95 | |94 |00:08:14 ~-~-> 00:08:17 |chart, so we're not going to look at anything below a daily chart. So | ||
96 | |95 |00:08:17 ~-~-> 00:08:24 |everything here is germane to bias. It's germane to narrative, how that's going | ||
97 | |96 |00:08:24 ~-~-> 00:08:29 |to blend together and incorporate the idea and the aspects of all time highs. | ||
98 | |97 |00:08:30 ~-~-> 00:08:37 |Now this high here is the all time high prior to the run higher that we've seen, | ||
99 | |98 |00:08:37 ~-~-> 00:08:45 |trading up to 24,403 and a half. So we're going to be looking at the central | ||
100 | |99 |00:08:45 ~-~-> 00:08:49 |tenants I've covered here on the right in a list throughout the price action | ||
101 | |100 |00:08:50 ~-~-> 00:08:55 |shown on the daily chart. So first we see that there is a sell side liquidity | ||
102 | |101 |00:08:55 ~-~-> 00:09:01 |pool rate here. So that run rate below that low, it's taken the sell side | ||
103 | |102 |00:09:01 ~-~-> 00:09:06 |liquidity here, and then now it's going to start to gravitate back to this high | ||
104 | |103 |00:09:06 ~-~-> 00:09:10 |here. Now, before it gets there, we have this short term high. So this is going | ||
105 | |104 |00:09:10 ~-~-> 00:09:15 |to be the highest probability high it's going to trade to. But keeping with the | ||
106 | |105 |00:09:15 ~-~-> 00:09:20 |rules, when we're trading near all time highs, it's likely to continue to make | ||
107 | |106 |00:09:20 ~-~-> 00:09:25 |higher highs, higher all time highs. So we would anticipate this high being | ||
108 | |107 |00:09:25 ~-~-> 00:09:30 |taken out. Should it trade to it. But working from this low here, we'll start | ||
109 | |108 |00:09:31 ~-~-> 00:09:35 |annotating everything. So we have an up close candle here, the closing price of | ||
110 | |109 |00:09:35 ~-~-> 00:09:42 |that candle. Notice the next candle we open and we trade down below it. So | ||
111 | |110 |00:09:42 ~-~-> 00:09:49 |trading below that previous day's close, if there was a opening range gap, for | ||
112 | |111 |00:09:49 ~-~-> 00:09:55 |instance, many times when we're trading at all time highs or near all time | ||
113 | |112 |00:09:55 ~-~-> 00:09:58 |highs, trading right back to the previous day's close, it can overshoot | ||
114 | |113 |00:09:58 ~-~-> 00:10:02 |it. And the reason why. It does that is because there's a lot of people in this | ||
115 | |114 |00:10:02 ~-~-> 00:10:06 |industry that understands the gap that forms from the previous day's close and | ||
116 | |115 |00:10:06 ~-~-> 00:10:11 |where we open at 930 in the morning, or whatever the market opening price would | ||
117 | |116 |00:10:11 ~-~-> 00:10:19 |be. That gap in efficiency gaps tend to rebalance trade back to them offer both | ||
118 | |117 |00:10:19 ~-~-> 00:10:24 |buy side and sell side, delivery in that gap, and then price goes in the | ||
119 | |118 |00:10:24 ~-~-> 00:10:28 |direction of the gap. But when we're trading near all time highs, it tends to | ||
120 | |119 |00:10:28 ~-~-> 00:10:32 |create these little bear traps where it doesn't just simply go back to the | ||
121 | |120 |00:10:32 ~-~-> 00:10:37 |previous day's close, it goes beyond that and trades lower. What do you think | ||
122 | |121 |00:10:37 ~-~-> 00:10:41 |the mindset is of the traders that sees that, they're going to think, wow, it's | ||
123 | |122 |00:10:41 ~-~-> 00:10:46 |going beyond just simply going back and closing any opening range gap. It's | ||
124 | |123 |00:10:46 ~-~-> 00:10:50 |broke down and traded below the opening range gap and went lower. So they're | ||
125 | |124 |00:10:50 ~-~-> 00:10:54 |going to think what the market is going to keep going lower. And they're going | ||
126 | |125 |00:10:54 ~-~-> 00:10:58 |to think that the market is now topped. And that's what the market makers tend | ||
127 | |126 |00:10:58 ~-~-> 00:11:04 |to do in this general market condition. It is just very generic principles that | ||
128 | |127 |00:11:04 ~-~-> 00:11:10 |I live by as a trader, and if you incorporate them, you're not going to be | ||
129 | |128 |00:11:10 ~-~-> 00:11:14 |completely exempt from having anything bad happen to you. It doesn't mean | ||
130 | |129 |00:11:14 ~-~-> 00:11:17 |you're not going to have losing trades or do it wrong. It just means that at | ||
131 | |130 |00:11:17 ~-~-> 00:11:21 |least you won't be guessing like everyone else does, because most every | ||
132 | |131 |00:11:21 ~-~-> 00:11:26 |other individual out there, they're all going to try to pick the top they're all | ||
133 | |132 |00:11:26 ~-~-> 00:11:31 |expecting a crash. They're all trying to get the next big slide in price lower. | ||
134 | |133 |00:11:32 ~-~-> 00:11:36 |And what I'm going to do is press on you to think about how they're going to just | ||
135 | |134 |00:11:36 ~-~-> 00:11:42 |keep taking it higher. So this is what I mean by overshooting below the previous | ||
136 | |135 |00:11:42 ~-~-> 00:11:47 |day's close. Right here, next day we open and we trade down below that close. | ||
137 | |136 |00:11:48 ~-~-> 00:11:53 |And traders that are looking for a collapse in price, they may even look at | ||
138 | |137 |00:11:53 ~-~-> 00:11:56 |this as relative equal lows that the market may want to trade down there and | ||
139 | |138 |00:11:56 ~-~-> 00:12:02 |take that out try to avoid that. Okay? And the next example here is immediate | ||
140 | |139 |00:12:02 ~-~-> 00:12:09 |rebalance. This market creates a nice, big up close candle. We open here we | ||
141 | |140 |00:12:09 ~-~-> 00:12:12 |trade back down to the previous day's close. So what are we going to do? | ||
142 | |141 |00:12:13 ~-~-> 00:12:17 |They're going to overshoot that. And it does. It trades all the way back down to | ||
143 | |142 |00:12:17 ~-~-> 00:12:24 |the day before this up close candle to offer an immediate rebalance. So two | ||
144 | |143 |00:12:24 ~-~-> 00:12:27 |principles there are happening. We're opening trading back to the previous | ||
145 | |144 |00:12:27 ~-~-> 00:12:31 |day's close. But not just closing that gap and then going higher, is closing | ||
146 | |145 |00:12:31 ~-~-> 00:12:36 |that gap and going all the way back over top and redelivery back to this candles | ||
147 | |146 |00:12:36 ~-~-> 00:12:41 |high. That's immediate rebalance. When that happens, generally you're going to | ||
148 | |147 |00:12:41 ~-~-> 00:12:44 |see a very, very strong reaction. There's going to be a lot of discount | ||
149 | |148 |00:12:44 ~-~-> 00:12:48 |sensitivity, meaning that the market's going to treat that as a very strong | ||
150 | |149 |00:12:48 ~-~-> 00:12:52 |discount PD array, and the market is going to immediately launch higher from | ||
151 | |150 |00:12:52 ~-~-> 00:12:57 |there. And you can see that actually happens here. And then the next day we | ||
152 | |151 |00:12:57 ~-~-> 00:13:03 |open below the previous day's close, which is another tenant where we open, | ||
153 | |152 |00:13:03 ~-~-> 00:13:06 |we trade down below, below the previous day's close. That's a rejection block. | ||
154 | |153 |00:13:07 ~-~-> 00:13:11 |That closing price here on a down close candle, and it's going to be rejected, | ||
155 | |154 |00:13:11 ~-~-> 00:13:15 |as you can see here, goes right back up, but notice it doesn't take out that that | ||
156 | |155 |00:13:15 ~-~-> 00:13:19 |candles high the next day we open, we got a small little gap there. So what's | ||
157 | |156 |00:13:19 ~-~-> 00:13:24 |going to happen is going to it's going to probe, okay, it's going to go below, | ||
158 | |157 |00:13:24 ~-~-> 00:13:28 |just closing that gap is what everybody's expecting, but it's going to | ||
159 | |158 |00:13:28 ~-~-> 00:13:34 |go below that previous day's close and entice traders to do what be short. | ||
160 | |159 |00:13:36 ~-~-> 00:13:41 |So we have that rejection, block, discount sensitivity on this candle, and | ||
161 | |160 |00:13:41 ~-~-> 00:13:47 |now we have this premium candle wick, and we're grading that so we have the | ||
162 | |161 |00:13:47 ~-~-> 00:13:52 |lower quadrant consequent encroachment upper quadrant. And we don't need the | ||
163 | |162 |00:13:52 ~-~-> 00:13:56 |high and the low annotated. We're going to look at the chart to see what that | ||
164 | |163 |00:13:56 ~-~-> 00:14:03 |is. But notice the sensitivity here at the 75 quadrant, we open breach the | ||
165 | |164 |00:14:03 ~-~-> 00:14:07 |previous day's close. So everyone that wants to see just simply the gap closure | ||
166 | |165 |00:14:07 ~-~-> 00:14:11 |and then continue higher, they're getting toasted here. It trades down to | ||
167 | |166 |00:14:11 ~-~-> 00:14:15 |that lower quadrant, over shoots it a little bit, and then sends it higher, | ||
168 | |167 |00:14:15 ~-~-> 00:14:22 |taking out the previous two days high. Then the next day we have a higher open | ||
169 | |168 |00:14:23 ~-~-> 00:14:29 |we trade down to the previous day's close. Again, that gap is a trap to set | ||
170 | |169 |00:14:29 ~-~-> 00:14:35 |for bears. It drops lower, down to the 50% level of that premium candle wick. | ||
171 | |170 |00:14:35 ~-~-> 00:14:41 |Again, we cut through these candles, all these premium candle wicks. Keep them | ||
172 | |171 |00:14:41 ~-~-> 00:14:44 |annotated, because the market is going to go back into those levels again when | ||
173 | |172 |00:14:44 ~-~-> 00:14:49 |it overshoots the previous day's closing price, it's going to trap traders simply | ||
174 | |173 |00:14:49 ~-~-> 00:14:54 |looking for the gap closure and then buying. It's going to go lower. It does | ||
175 | |174 |00:14:54 ~-~-> 00:14:58 |this a lot, and I'm not expecting you to just simply use this, because it looks | ||
176 | |175 |00:14:58 ~-~-> 00:15:04 |like I'm Cherry Picking go back. Over old market data. Look at stocks. Stocks | ||
177 | |176 |00:15:04 ~-~-> 00:15:11 |are really good with this. So if you're a trader that wants to trade, you know, | ||
178 | |177 |00:15:11 ~-~-> 00:15:16 |mis C stocks or NASDAQ stocks, this is a principle that repeats a lot with them | ||
179 | |178 |00:15:16 ~-~-> 00:15:21 |as well. The gaps tend to be a little bit larger there too. So it gives you a | ||
180 | |179 |00:15:21 ~-~-> 00:15:25 |lot of volatility if you're if you're trying to day trade those assets. I | ||
181 | |180 |00:15:25 ~-~-> 00:15:29 |don't like the day trade stocks, but I just toss it out there for no extra | ||
182 | |181 |00:15:29 ~-~-> 00:15:36 |charge. But we see the premium candle wick gradient, discount sensitivity | ||
183 | |182 |00:15:36 ~-~-> 00:15:44 |here, on this candle, we open. We have a volume imbalance. We trade down to this | ||
184 | |183 |00:15:44 ~-~-> 00:15:49 |premium candle wick, and it's halfway point is the consequent encroachment. | ||
185 | |184 |00:15:49 ~-~-> 00:15:54 |And notice how it trades right down to that. So not only do we open here, we go | ||
186 | |185 |00:15:54 ~-~-> 00:15:57 |back to the previous day's closing price. Most traders that are watching | ||
187 | |186 |00:15:57 ~-~-> 00:16:00 |this on a day trading basis, they're going to see that think, Okay, well, | ||
188 | |187 |00:16:00 ~-~-> 00:16:03 |it's gap closure. Now it's going to rally because it's bullish, and the | ||
189 | |188 |00:16:03 ~-~-> 00:16:07 |market just goes even lower, but goes right back to where I teach you to watch | ||
190 | |189 |00:16:07 ~-~-> 00:16:12 |these premium candle wicks. The consequent encroachment hits it there | ||
191 | |190 |00:16:12 ~-~-> 00:16:17 |beautifully, and then trades higher. And the next day we open, come back to the | ||
192 | |191 |00:16:17 ~-~-> 00:16:21 |previous day's close, overshoot it again, to the downside, suckering in | ||
193 | |192 |00:16:21 ~-~-> 00:16:26 |people thinking it's it's created a top. It has to have created the top. And they | ||
194 | |193 |00:16:26 ~-~-> 00:16:33 |get short, and then market runs right over top of them again, reaching the all | ||
195 | |194 |00:16:33 ~-~-> 00:16:40 |time high, as we indicated a little bit ago. So I want you to think about how | ||
196 | |195 |00:16:41 ~-~-> 00:16:49 |using these principles, these very generic ideas, that it's not | ||
197 | |196 |00:16:49 ~-~-> 00:16:56 |complicated, they keep repeating, and it keeps you on the on your toes about | ||
198 | |197 |00:16:56 ~-~-> 00:17:01 |anticipating some measure of manipulation. So this is what generally | ||
199 | |198 |00:17:01 ~-~-> 00:17:05 |the retail traders get caught up in, because they're chasing price, | ||
200 | |199 |00:17:05 ~-~-> 00:17:09 |anticipating, hoping and praying, basically, that the market is going to | ||
201 | |200 |00:17:09 ~-~-> 00:17:14 |break down and collapse. But all the market does is go back to these previous | ||
202 | |201 |00:17:14 ~-~-> 00:17:18 |PD arrays algorithmically, and then delivers and spools higher. And it's | ||
203 | |202 |00:17:18 ~-~-> 00:17:22 |very frustrating. If you don't know these things, maybe you've been hurt, | ||
204 | |203 |00:17:22 ~-~-> 00:17:26 |maybe you've been trying to capture the high in this market or another market. | ||
205 | |204 |00:17:26 ~-~-> 00:17:30 |And you can go back and look at your trades, and you can pretty much see that | ||
206 | |205 |00:17:30 ~-~-> 00:17:34 |what you failed on is what I'm showing how you can avoid doing that in the | ||
207 | |206 |00:17:34 ~-~-> 00:17:38 |future, and not saying you're not going to take losing trades. I'm saying that | ||
208 | |207 |00:17:38 ~-~-> 00:17:42 |at least you're going to know now how the markets algorithm reprices back into | ||
209 | |208 |00:17:42 ~-~-> 00:17:46 |these very specific PD arrays when they're trading at all time highs or | ||
210 | |209 |00:17:47 ~-~-> 00:17:51 |near all time highs, until the market completely collapses and shows you it's | ||
211 | |210 |00:17:51 ~-~-> 00:17:56 |reversed. Don't look for shorts. It's better for you to anticipate it like | ||
212 | |211 |00:17:56 ~-~-> 00:17:59 |this, because you'll get the lines portion of the move. You'll be on side, | ||
213 | |212 |00:17:59 ~-~-> 00:18:03 |you'll be within the narrative. You'll be with the bias correctly, higher Time | ||
214 | |213 |00:18:03 ~-~-> 00:18:08 |Frame, order flow. It's on your in your favor, and you'll be able to weather the | ||
215 | |214 |00:18:08 ~-~-> 00:18:13 |daily range ebb and flow, up and down, and get the lines portion of the move. | ||
216 | |215 |00:18:23 ~-~-> 00:18:26 |Hope you found this insightful. Thank you for your continued interest. Until | ||
217 | |216 |00:18:26 ~-~-> 00:18:28 |next time, I wish you good luck and good trading. | ||
218 |