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ICT YT - 2025-09-19 - Trading Friday Sellside Under 1st Presented FVG

Last modified by Drunk Monkey on 2025-09-27 14:15
1 00:00:01 --> 00:00:09 ICT: All right, folks, so we are looking at a reclaimed fair value gap. I'll show
2 00:00:09 --> 00:00:18 you in a second. Just let me this trade in, and the stop loss will put above
3 00:00:18 --> 00:00:28 this high here, and the take profit, we'll put it right down there. Okay, and
4 00:00:32 --> 00:00:36 the fair value gap, I'll just use the line segment, the horizontal ray to
5 00:00:36 --> 00:00:43 annotate this, and not a rectangle, because I don't like fighting with it.
6 00:00:55 --> 00:00:58 Okay, so reclaimed fair value gap there i
7 00:01:05 --> 00:01:17 right there. So you want to see it now roll over and overlap all of this attack
8 00:01:17 --> 00:01:21 that low after breaching here and then running into that area there.
9 00:01:29 --> 00:01:30 I'll add one more there.
10 00:01:38 --> 00:01:44 Now, once this trades below this quadrant level. Again, in that low I'll
11 00:01:44 --> 00:01:48 move the stop loss to just below, above this swing high, but not before.
12 00:01:57 --> 00:02:03 As I indicated, the 24, 735, as a suspect level, it's, it's simply just
13 00:02:03 --> 00:02:09 because it's when you can look at it, it looks too much of a like a foundation
14 00:02:09 --> 00:02:22 has been established down here with This area here, in this area here. Okay, so
15 00:02:23 --> 00:02:25 lots of sell side below. Here.
16 00:02:40 --> 00:02:55 I didn't quite get below the quadrant level yet, so I'm going to keep this
17 00:02:55 --> 00:02:56 thought where it's at for now I'm
18 00:03:06 --> 00:03:11 now, for those of you that are
19 00:03:18 --> 00:03:24 students on my first Birthday gap, that is
20 00:03:33 --> 00:03:47 there, small, little it's I see. Just want to make sure my eyes are very, very
21 00:03:47 --> 00:03:51 old now, yeah, it's got a small little volume imbalance in here, so that's why
22 00:03:51 --> 00:03:58 I've included that. So here's first presented fair value gap since this
23 00:03:58 --> 00:04:04 morning, because all this is dropped down it was very efficiently back and
24 00:04:04 --> 00:04:11 forth, back and forth, back and forth. And then we have this pop up rate in
25 00:04:11 --> 00:04:16 there. You'll see that the Fairbank up exists. I'm not using this low low here,
26 00:04:18 --> 00:04:24 because the volume balance up here exists. So even if
27 00:04:33 --> 00:04:37 even a small, little, small gap right here, so it's just starting to sell off
28 00:04:38 --> 00:04:46 right in here, I it's reasonable for it to act like it did here in the first
29 00:04:46 --> 00:04:50 present the fair value gap, because we're in an online bull market. So the
30 00:04:50 --> 00:04:54 algorithm does these types of things like it did here. It created a return
31 00:04:54 --> 00:04:57 back into the first presented fair value gap, and then rallied up. And now we're
32 00:04:57 --> 00:05:01 getting this sell the high, sell the. High sell the highs. And there's lots of
33 00:05:01 --> 00:05:05 liquidity in here and here, so they'll overshoot that and take out the 735
34 00:05:05 --> 00:05:12 easily. And I have my order resting at 737 and a half, just because I want to
35 00:05:12 --> 00:05:13 make sure I get it peeled off.
36 00:05:19 --> 00:05:25 All right, as I said, I would drop the stop down just above that swing high
37 00:05:25 --> 00:05:29 once we pierced that lower quadrant.
38 00:05:39 --> 00:05:41 Let me see if I can finesse this.
39 00:05:47 --> 00:05:49 Get that right there. I'll see if I can get it.
40 00:05:57 --> 00:06:03 One more little false hope. Let's have to go higher. My phantom bull flag
41 00:06:03 --> 00:06:09 basically, much like this one was when we rallied up all this bull flagging
42 00:06:10 --> 00:06:14 retailer saw that, and it broke down, broke their heart, traded into the first
43 00:06:14 --> 00:06:22 retentive fair value gap right there, then rallied up to a fair value gap. And
44 00:06:22 --> 00:06:25 then broke down. Now we're just hanging around that quadrant level, so it's a
45 00:06:25 --> 00:06:33 sticking point for right now. I want to see this fair value gap with that volume
46 00:06:33 --> 00:06:38 imbalance, keep price at bay, and then take out that low and aggressively run
47 00:06:39 --> 00:06:44 right here. And how we trade there is going to be indicative of what we do the
48 00:06:44 --> 00:06:49 rest of the day, not trying to pick the top of the market folks.
49 00:06:55 --> 00:07:00 Now, if this were like a Monday or Tuesday, and it had done this, oops, I
50 00:07:03 --> 00:07:11 so if it had dropped down into this area here, that being a good long entry, and
51 00:07:11 --> 00:07:16 then right here adding to it, I would be strongly bullish for, you know, for this
52 00:07:16 --> 00:07:19 scenario. But because we've already moved up a great deal this week and it's
53 00:07:19 --> 00:07:24 Friday, I just think that they're going to cool the Jets going into the weekend.
54 00:07:25 --> 00:07:30 So it's easy to just simply expect it to take out this Very low hanging fruit.
55 00:07:31 --> 00:08:00 Objective, Sell side, liquidity. You and I
56 00:08:36 --> 00:08:41 now we can see what I'm looking at to the internal dialog I'm running through
57 00:08:41 --> 00:08:46 my mind is, how are we laying down candlestick bodies? Are they respecting
58 00:08:46 --> 00:08:52 that fair value gap there, as I would expect it to, or are we piercing it with
59 00:08:52 --> 00:08:56 bodies above it? And we're not seeing that, we're just seeing the little wicks
60 00:08:56 --> 00:09:02 go up there. So we want to see aggression to the downside, so that way
61 00:09:02 --> 00:09:10 the NQ can break the hearts of lungs and then attack the relative equilibrium
62 00:09:10 --> 00:09:16 here, or 735 cell side, As I tweeted earlier, that that level was suspect. So
63 00:09:26 --> 00:09:29 we want to decisively leave that quadrant level. We don't want to beat
64 00:09:29 --> 00:09:32 around it much longer. Start working its way lower. I
65 00:09:56 --> 00:10:03 no marker replay. I. I covered that up there earlier, and I was thinking
66 00:10:03 --> 00:10:05 myself, someone's gonna say this is Market Replay,
67 00:10:17 --> 00:10:24 energetic series of black limousines. This right here is the club to be at
68 00:10:24 --> 00:10:30 right now. This is club 54 again, you'll know anything about that. We want to see
69 00:10:30 --> 00:10:34 it get down there. That's the spot to be. So all the black limousines should
70 00:10:34 --> 00:10:38 go downtown to get to that low right there. That would be constructive.
71 00:10:39 --> 00:10:51 That'd be a Yeah, a good indication that the in crowd is here to the party, and
72 00:10:53 --> 00:11:00 then 735 would be in close proximity for the next hop.
73 00:11:06 --> 00:11:13 Once we take out that low here, stop will go down to break even and plus
74 00:11:13 --> 00:11:18 commission cost and fees, not before i
75 00:11:26 --> 00:11:30 Now, admittedly, now, this is probably a trade that most of you would probably
76 00:11:30 --> 00:11:33 admit, if you're honest, that you probably wouldn't be taking it. You're
77 00:11:33 --> 00:11:38 just probably watching it and seeing you know how it's behaving, and probably
78 00:11:38 --> 00:11:46 right about now you you can see how this on your charts after the fact that it's
79 00:11:46 --> 00:11:50 that was used as a sell off. And the benefit of studying price action live is
80 00:11:50 --> 00:11:55 you start to see these things, and you build scenarios where you're practicing,
81 00:11:55 --> 00:11:58 you're tapering and saying, okay, hypothetically, we'll see if this thing
82 00:11:58 --> 00:12:06 drops 1015, 20 handles before going against you. 1015, handles. And it's not
83 00:12:06 --> 00:12:11 about the R models. You know, what's the R multiple you're just looking at? Can
84 00:12:11 --> 00:12:16 you read price in its next leg and delivery higher or lower? You know,
85 00:12:16 --> 00:12:20 consistently in the beginning, no one's consistent. I wasn't in the beginning
86 00:12:20 --> 00:12:31 either. So it looks like immediate rebalance in here. So we want to see it
87 00:12:31 --> 00:12:34 start to really move lower. Now we're
88 00:12:44 --> 00:12:49 I'm watching the consequent encroachment of this discount wick in here, right
89 00:12:49 --> 00:12:55 here. I don't want to see any kind of dilly dallying around. I want to see it
90 00:12:55 --> 00:12:59 really get down through that and show no respect of it and just slam into that
91 00:12:59 --> 00:13:03 low, go lower and then reach aggressively. For this one, it's
92 00:13:15 --> 00:13:17 almost like I know what I'm talking about. I
93 00:13:28 --> 00:13:32 these black limousines are starting to show up at the club 54 you
94 00:13:40 --> 00:13:47 so we're in consequent correction of the first percent of your value got right
95 00:13:47 --> 00:13:53 now. Case you haven't noticed that, that was what I indicated here with this
96 00:13:53 --> 00:13:58 bison imbalance cell sign on efficiency with the volume imbalance up here
97 00:13:58 --> 00:14:07 towards the high end of it. Watch how it may use the high. Maybe it leaves that
98 00:14:07 --> 00:14:10 gap in here. That's really good. I like to see that where it fails to get up to
99 00:14:10 --> 00:14:15 the high of it and touch this upper quadrant. Well, not upper quad, upper
100 00:14:15 --> 00:14:21 line, the threshold high of that first round there for everybody, gap, leaving
101 00:14:21 --> 00:14:25 that gap there is really good. It's a series that it's not willing to even get
102 00:14:25 --> 00:14:28 back up to a premium array, and it should just wilt heavily.
103 00:14:40 --> 00:14:41 Old bones.
104 00:14:49 --> 00:14:53 There you go. It touched that so you can see it hit the hide the first result you
105 00:14:53 --> 00:14:59 got. So now we want to see it roll over and explore and probe, not only below
106 00:14:59 --> 00:15:04 that low. Low, but below the low threshold of the first present the fair
107 00:15:04 --> 00:15:07 value got. There's liquidity resting there, but the larger poor liquidity is
108 00:15:07 --> 00:15:08 right in
109 00:15:15 --> 00:15:22 here. I appreciate it, if you guys are getting anything off with these examples
110 00:15:22 --> 00:15:28 when I'm doing it, you can give the video a thumbs up. I promise it doesn't
111 00:15:28 --> 00:15:33 make me any more money to do that. It just encourages me to do to do more of
112 00:15:33 --> 00:15:38 it. I mean, obviously I'm going to do what I say I was going to do, but it
113 00:15:38 --> 00:15:45 actually it builds my morale about it, because I know it's not an easy task to
114 00:15:45 --> 00:15:49 learn what I'm teaching, but if it's beneficial to you, and you're and you're
115 00:15:49 --> 00:15:55 learning, and I've just remembered I didn't move the stop down after it went
116 00:15:57 --> 00:16:02 down. Oh no, I made that. I did that incorrect. I'm sorry. I said I was going
117 00:16:02 --> 00:16:05 to take that low out, but since it's it's spending a lot of time inside the
118 00:16:05 --> 00:16:09 consequent encouragement, my subconscious is telling me, you put the
119 00:16:09 --> 00:16:12 stop down, so that way I got to worry about it. So it's just the experience
120 00:16:12 --> 00:16:15 factor kicking in. But originally I wanted to see it trade below that low,
121 00:16:15 --> 00:16:20 but because we're hanging around inside that midpoint of the consequent
122 00:16:20 --> 00:16:24 encouragement level of this first present the prevailing gap. I want to
123 00:16:24 --> 00:16:27 see it really start to move lower, and now, because I don't have anything
124 00:16:27 --> 00:16:36 worrying about if I'm correct or wrong, I've replaced the the feelings of being
125 00:16:36 --> 00:16:44 wrong or not getting it right, or loss or profitability. I replaced that with
126 00:16:44 --> 00:16:49 indifference. Now, so I completely removed the necessity to worry about or
127 00:16:49 --> 00:16:54 even concern myself with the outcome, and more in line with is it still doing
128 00:16:54 --> 00:16:58 the things I would expect it to do if it's going to keep going lower. So I
129 00:16:58 --> 00:17:04 hope it kind of makes sense. So now here's, here's my question to you. First
130 00:17:04 --> 00:17:09 we sent the fair Bay gap. Is this area right here? That little gap, we've
131 00:17:09 --> 00:17:15 already used it here. The bodies respected it and then sent it higher. We
132 00:17:15 --> 00:17:19 went down into it here, and then rallied and failed, and now we're down here into
133 00:17:19 --> 00:17:22 it again. What's the chances of it rallying, creating a higher high today,
134 00:17:22 --> 00:17:27 or stopping me out very, very low. So where's the liquidity at the opposing
135 00:17:27 --> 00:17:33 side is below, down here, where that 735, sell side level? I told you that
136 00:17:33 --> 00:17:38 was suspect on Twitter earlier. And we're seeing the beginnings of that
137 00:17:38 --> 00:17:43 demise for those individuals to have their long positions with cell stops
138 00:17:43 --> 00:17:54 below that. So look what we did here. We sent, we sent the price down below it,
139 00:17:54 --> 00:17:58 but only with the wick. The bodies have stayed here. So we want to see the next
140 00:17:58 --> 00:18:06 candle, or the very next candle after it be strong down closed candle. We want to
141 00:18:06 --> 00:18:10 basically what we're doing is we want to see this wick, this discount wick,
142 00:18:10 --> 00:18:18 completely consumed, not left there. And that's how you know that proper order
143 00:18:18 --> 00:18:25 flow is indicating that you're on side or I'm on side, you don't need DOM. You
144 00:18:25 --> 00:18:28 don't need that to market. You don't need level two data. You don't need to
145 00:18:28 --> 00:18:32 know how many orders are down here or down here or above here. All of that is
146 00:18:32 --> 00:18:36 a red herring. It's a distraction. Like, you really don't need any of that stuff.
147 00:18:38 --> 00:18:41 I mean, it's really nonsense if you think about because you're just looking
148 00:18:41 --> 00:18:44 at what's obvious, there's always going to be buy orders and sell orders above
149 00:18:44 --> 00:18:49 and below the marketplace. It's always that way, and it's continuous delivery
150 00:18:49 --> 00:18:56 of that. So we had this little sell side liquidity pool tapped into here.
151 00:19:02 --> 00:19:10 And Mark it like that. So it's it's in very close proximity, striking distance,
152 00:19:10 --> 00:19:17 to the level I told you, down here, 735 so I just want to see it, just quickly.
153 00:19:17 --> 00:19:21 Just go down here and grab it and be done with it. Because it's Friday and I
154 00:19:21 --> 00:19:22 have things I want to
155 00:19:29 --> 00:19:37 get to your snore. Huh? You snoring? Little girl right about now, x is
156 00:19:37 --> 00:19:44 shaking her head saying, This guy keeps calling it and I'm dog whistling, baby,
157 00:19:44 --> 00:19:53 that's all it is. That's all I gotta do. And it listens. The market is my sheep,
158 00:19:53 --> 00:19:55 and it knows my voice.
159 00:20:05 --> 00:20:12 Here's the 735 says printed. So let's see if I can get that overzealous target
160 00:20:12 --> 00:20:19 I reach for we'll get the consequence on the first minutes of everybody got it
161 00:20:19 --> 00:20:24 comes out. I'm starting out. It's okay. I got real close to my target.
162 00:20:29 --> 00:20:34 I'm going to peel off two just for the general principle.
163 00:20:39 --> 00:20:42 So this low here did, in fact, get pierced.
164 00:20:59 --> 00:21:06 The low came in at 734 even. So that that kind of means 735 was taken out,
165 00:21:06 --> 00:21:08 right? I think we can all agree in that I
166 00:21:24 --> 00:21:29 now, what's the difference between picking a target like that 735, and that
167 00:21:29 --> 00:21:35 low, keeping it there, and having your limit order at that low, maybe one tick
168 00:21:35 --> 00:21:40 below, preferably two ticks before it, when you're shorting a market is
169 00:21:40 --> 00:21:44 primarily bullish, or a market is bearish, a market is underlyingly
170 00:21:44 --> 00:21:52 bearish, having this little bit more overzealous target, excuse me, would be
171 00:21:52 --> 00:21:57 more favorable when it's a bearish market, but when it's a bullish market,
172 00:21:58 --> 00:22:02 you know, fluffing up and trying to squeeze more juice out of the lemon or
173 00:22:02 --> 00:22:07 bleed the rock. Basically, when you're in a bullish market, demanding that your
174 00:22:08 --> 00:22:13 best exits be fulfilled, when you look for lower prices than you really should,
175 00:22:13 --> 00:22:17 when you're in a primary bullish market and you're shorting, it's frowned upon.
176 00:22:17 --> 00:22:21 These are the things I learned over the years, and I'm showcasing it to you.
177 00:22:23 --> 00:22:29 There was nothing wrong with having the limit order just above this, this low
178 00:22:29 --> 00:22:37 over here, and there's a stop out there. So it's not a matter of trying to get as
179 00:22:37 --> 00:22:42 much as you can. It's just a matter of knowing what's possible and being
180 00:22:42 --> 00:22:47 content with that. So that's the example for today. Hopefully you found this one
181 00:22:47 --> 00:22:52 insightful. And if you like this kind of stuff, give the video a thumbs up. It
182 00:22:52 --> 00:22:55 just it really encourages me as a teacher and lets me know that you
183 00:22:55 --> 00:22:58 appreciate what it is I'm doing, because I don't have to do it.