ICT YT - 2025-09-25 - Focus On Forex DXY EurUsd GbpUsd 09-24-2025
Last modified by Drunk Monkey on 2025-09-27 14:17
1 | 00:00:15 --> 00:00:18 | ICT: All right, folks, all right. So we're looking at this September, 24 2025 |
2 | 00:00:19 --> 00:00:26 | focus on forex. Usual Suspects, Dollar Index, Euro, dollar and POUND DOLLAR. |
3 | 00:00:32 --> 00:00:41 | As a reminder, I didn't do a review or lecture on dollar or Forex last night, |
4 | 00:00:41 --> 00:00:46 | and I stated that we would be waiting for the reaction off of the consequence |
5 | 00:00:46 --> 00:00:52 | of the inversion fair value gap I mentioned on Monday night's lecture. So |
6 | 00:00:52 --> 00:00:59 | we're going to review that here, and you can see the response after having shared |
7 | 00:00:59 --> 00:01:08 | it with you on Monday. Left hand side daily chart. This is the city that we |
8 | 00:01:08 --> 00:01:15 | looked for the market to come back down into and not breach the midpoint and |
9 | 00:01:15 --> 00:01:19 | trade into the lower half. This little retracement back down into that area |
10 | 00:01:19 --> 00:01:24 | right there is this line here on the five minute chart. As you can see, it |
11 | 00:01:24 --> 00:01:29 | hits it perfectly, stops dead in its tracks, consolidates around it and runs |
12 | 00:01:29 --> 00:01:34 | up, uses the top of it here, shows discount sensitivity and then starts to |
13 | 00:01:34 --> 00:01:41 | rally higher. So I know that the common folk out there loving to find things to |
14 | 00:01:41 --> 00:01:46 | talk about and whatnot, and they have to find their place in this world. So what |
15 | 00:01:46 --> 00:01:50 | they've done is is they have tried to say that I've rebranded things that |
16 | 00:01:50 --> 00:01:54 | existed before me. You'll never find this in anything like you'll never see |
17 | 00:01:54 --> 00:01:59 | this taught anywhere prior to me, ever mentioning it. Okay? No inversion for |
18 | 00:01:59 --> 00:02:02 | everybody. You got no consequent encouragement, no respect to the upper |
19 | 00:02:02 --> 00:02:07 | half. And I say these things because, and I'm gonna make this statement that |
20 | 00:02:08 --> 00:02:11 | way, I don't have to say it again in the videos, but I do it a lot on social |
21 | 00:02:11 --> 00:02:19 | media. And here's the reason why AI Artificial Intelligence. Okay, when you |
22 | 00:02:19 --> 00:02:25 | or anyone else asks questions, you know, who taught ICT? Who is ICT mentor, who |
23 | 00:02:25 --> 00:02:32 | taught ICT Smart Money concepts? What did ICT rebrand? Okay, what? Where's it |
24 | 00:02:32 --> 00:02:39 | getting the information from? It's going to go out there and whole accumulate all |
25 | 00:02:39 --> 00:02:43 | of the chatter online. So the big push has been and this is why I was always |
26 | 00:02:43 --> 00:02:47 | standing in front of it all the time. The big push is, if there's enough of |
27 | 00:02:47 --> 00:02:50 | these Yahoos out there constantly putting it out there, that I rebranded |
28 | 00:02:50 --> 00:02:53 | this. Rebranded that here's the simplest thing, whenever you see someone say |
29 | 00:02:53 --> 00:02:59 | that, ask for the book, ask for the page number, ask for the details. How I teach |
30 | 00:02:59 --> 00:03:03 | these PD arrays and the smart money concepts prior to 1996 is when I coined |
31 | 00:03:03 --> 00:03:11 | all these things. It never will appear. It now here's here's even better. 2016 |
32 | 00:03:11 --> 00:03:15 | is when everybody started ripping me off because they took my paid mentorship and |
33 | 00:03:15 --> 00:03:18 | made their own little mentorships, their dollar menu mentorships, and they |
34 | 00:03:18 --> 00:03:21 | started doing all these things to try to make a name for themselves, and the |
35 | 00:03:21 --> 00:03:27 | people that have failed since then, since they couldn't beat me, okay? And |
36 | 00:03:27 --> 00:03:31 | they can't pretend to be like me, because there ain't no one like me. The |
37 | 00:03:31 --> 00:03:36 | idea is, if they can just put it out there in AI enough times, all the chat |
38 | 00:03:36 --> 00:03:41 | engines, okay, the chat, GPT, the grok, all those things, they're going to go |
39 | 00:03:41 --> 00:03:46 | out and look for the opinion, the accumulative opinion of what people are |
40 | 00:03:46 --> 00:03:51 | thinking or saying, listen, public opinion isn't fact. It's just an |
41 | 00:03:51 --> 00:03:56 | opinion. Here's the facts. You can't come up with a source that I rebranded |
42 | 00:03:56 --> 00:04:02 | from an order block is not supply and demand. Okay? I don't do anything with |
43 | 00:04:02 --> 00:04:06 | Wyckoff again. I said this before. I'll say it again. If Wyckoff was alive, he |
44 | 00:04:06 --> 00:04:10 | would be watching my videos and taking notes, and that makes some of you mad, |
45 | 00:04:10 --> 00:04:15 | but that's simply just the facts. Okay? So I want you to remember, anytime |
46 | 00:04:15 --> 00:04:19 | someone says that, ask them to cite their source. Where are they again? |
47 | 00:04:19 --> 00:04:23 | Because they never, they never, ever, ever come forward with anything, no |
48 | 00:04:23 --> 00:04:29 | documentation, No book, no video, no anything. It's just they keep putting |
49 | 00:04:29 --> 00:04:32 | out there because someone else has said it, and because everyone's so sensitive, |
50 | 00:04:33 --> 00:04:36 | they're so thin skinned, and they want to fit in. That's what social media |
51 | 00:04:36 --> 00:04:40 | does. It makes you want to fit into a crowd. And that's why we have like a |
52 | 00:04:40 --> 00:04:44 | cult like community here, because everybody likes what they're learning |
53 | 00:04:44 --> 00:04:50 | from me. It's the cult of winning. And the bottom line is, it's sense of |
54 | 00:04:50 --> 00:04:55 | empowerment, feeling like you belong to something, not just here with me, but |
55 | 00:04:55 --> 00:04:59 | anywhere. And that's what social media does. It cultivates that desire in all. |
56 | 00:04:59 --> 00:05:04 | All of us because we don't want to be alone. Well, in trading, you want to be |
57 | 00:05:04 --> 00:05:08 | alone. You want to be an island unto yourself. Okay, so I just want to toss |
58 | 00:05:08 --> 00:05:11 | this in there. I'm not going to put it in videos ever again. But the bottom |
59 | 00:05:11 --> 00:05:15 | line is, there's no one that's going to be able to prove that I rebranded |
60 | 00:05:15 --> 00:05:21 | anything. All of my stuff, all of my stuff that I say is mine. It's mine |
61 | 00:05:22 --> 00:05:28 | period. So you can see it delivering right to the tick Okay, as I was |
62 | 00:05:28 --> 00:05:32 | indicating last week I talked about this, and it was delivering here |
63 | 00:05:32 --> 00:05:38 | perfectly on Tuesday, and then giving it time to expand, it rallies up and |
64 | 00:05:38 --> 00:05:42 | intact. It's the short term little buy side in here. Trades back into the |
65 | 00:05:42 --> 00:05:45 | volume and balances here. But we're going to look at another portion of |
66 | 00:05:45 --> 00:05:53 | price action. These quadrants being added. You can see how it's beautifully |
67 | 00:05:53 --> 00:05:57 | holding price in the upper half. That was the condition I told you, the |
68 | 00:05:57 --> 00:06:01 | algorithm that doesn't supposedly exist, right? The algorithm is going to keep |
69 | 00:06:01 --> 00:06:06 | price in the upper half and not trade in the lower half of a random area in price |
70 | 00:06:06 --> 00:06:11 | action that no other retail trader, educator, teacher, ever talked about, |
71 | 00:06:12 --> 00:06:18 | period. Now either I'm very good at predicting the future, or I know what |
72 | 00:06:18 --> 00:06:25 | I'm talking about because I authored it. This is proof, delivering to the tick |
73 | 00:06:25 --> 00:06:29 | and then delivering up right out of there, okay, even giving another kiss |
74 | 00:06:29 --> 00:06:36 | right in here before it leads trading higher, explosive run up into this |
75 | 00:06:36 --> 00:06:42 | premium wick. Okay, so this premium wick is part of this cell sign imbalanced buy |
76 | 00:06:42 --> 00:06:47 | side and efficiency trading above this because you have relative equal highs. |
77 | 00:06:47 --> 00:06:50 | So what would be their next PDA rate? It would go above that. Oh, you're going to |
78 | 00:06:50 --> 00:06:55 | look at the wick here, and every wick we treat like a gap, and how we treat gaps, |
79 | 00:06:55 --> 00:07:01 | just like I did down here. We grade them, okay, high upper quadrant, |
80 | 00:07:01 --> 00:07:06 | consequent midpoint, lower quadrant and the low and, no, that is not quarters |
81 | 00:07:06 --> 00:07:11 | theory. Okay, so please stop emailing me about that. I have no affinity for it. |
82 | 00:07:11 --> 00:07:15 | It's just somebody else trying to do something, saying it was I'm hiding |
83 | 00:07:15 --> 00:07:18 | something. It has nothing to do with me. Okay? Has absolutely nothing to do with |
84 | 00:07:18 --> 00:07:25 | me. And this is what I teach. Okay, it's quadrants on gaps and inefficiencies. |
85 | 00:07:25 --> 00:07:36 | Wicks are just like a gap. Okay? So it's reaching up into this premium wick. And |
86 | 00:07:36 --> 00:07:42 | you want to have these levels on your chart. That's these levels over here. So |
87 | 00:07:42 --> 00:07:47 | here's the low of that premium wick on this day here, here's the lower |
88 | 00:07:47 --> 00:07:51 | quadrant, and then here's the consequent encroachment. And they've left relative |
89 | 00:07:51 --> 00:07:59 | equal highs here. That's rather convenient. And this wick here, this |
90 | 00:07:59 --> 00:08:05 | premium wick. Now, why am I picking this one? This one's longer than this one. We |
91 | 00:08:05 --> 00:08:09 | go back one slide so you can see it. See it's slightly higher than that one. |
92 | 00:08:09 --> 00:08:16 | That's why I'm annotating it. Okay, if we're, if we're down here in the |
93 | 00:08:16 --> 00:08:21 | intraday portion of the day, like, like here, it's going to trade up higher. I |
94 | 00:08:21 --> 00:08:25 | don't want to just simply use this one when this is a lot more range. Well, not |
95 | 00:08:25 --> 00:08:30 | a lot more, but it's more range by contrast to this range, and they're |
96 | 00:08:30 --> 00:08:33 | right next to each other. So which 1am I going to use if I'm going to be using |
97 | 00:08:33 --> 00:08:39 | any gradients on a wick, this one, it's the higher reaching one. So that's why |
98 | 00:08:39 --> 00:08:43 | this is being used here. You can see that the bodies are being respected of |
99 | 00:08:43 --> 00:08:48 | the low of that premium wick, and then the bodies are accumulating around here |
100 | 00:08:48 --> 00:08:53 | as well, inside of a fair value gap. Then it rallies up, it cuts back down |
101 | 00:08:53 --> 00:08:57 | and touches the high of it, and then sends it in here. So there's an |
102 | 00:08:57 --> 00:09:02 | overlapping of these quadrants that need to be transposed into your lower time |
103 | 00:09:02 --> 00:09:06 | frame charts, like a one man chart, when here's here's the part where you write |
104 | 00:09:06 --> 00:09:13 | down your notes, votes, if you see a quadrant or a PD array that has gradient |
105 | 00:09:13 --> 00:09:19 | levels in it, too, if that is sitting right with a PD array, like a fair value |
106 | 00:09:19 --> 00:09:24 | gap, an order block, a breaker. It super charges the likelihood that it's going |
107 | 00:09:24 --> 00:09:30 | to be very sensitive. And if you apply time, what time of day, what day of week |
108 | 00:09:30 --> 00:09:38 | is it? You know? Is it a macro time? It further increases the likelihood that |
109 | 00:09:38 --> 00:09:43 | it's going to be moving in what you would expect based on your analysis, |
110 | 00:09:43 --> 00:09:47 | that doesn't equate to profitability, because just because you can read price |
111 | 00:09:47 --> 00:09:51 | action, just because you can time the market, doesn't mean that you can manage |
112 | 00:09:51 --> 00:09:57 | yourself or manage the risks of money management or trade management. It just |
113 | 00:09:57 --> 00:10:01 | means that doing these types of things. Things will help make you better at tape |
114 | 00:10:01 --> 00:10:05 | reading, which is what I promise everyone you will get better at reading |
115 | 00:10:05 --> 00:10:09 | the tape reading the market live, watching what it's doing. But I can |
116 | 00:10:09 --> 00:10:12 | never promise any of you being profitable, because there's a big |
117 | 00:10:12 --> 00:10:16 | barrier between knowing how to read price action correctly and accurately |
118 | 00:10:16 --> 00:10:21 | and profitable trading, because you bring to the table lots of baggage, |
119 | 00:10:21 --> 00:10:23 | everybody does some kind of a |
120 | 00:10:26 --> 00:10:31 | hindrance, not trusting yourself, not feeling like you are deserving of it, |
121 | 00:10:32 --> 00:10:37 | overconfidence, lack of confidence, ego, you know, this fear and greed, all these |
122 | 00:10:37 --> 00:10:41 | things. And it could be many more things, but that's going to be the |
123 | 00:10:41 --> 00:10:45 | barrier. So I've always maintained the consistency of reminding you that I |
124 | 00:10:45 --> 00:10:48 | can't promise and no one can either. So it's not like someone can just slide on |
125 | 00:10:48 --> 00:10:51 | and say, lock and take that over for your ICT. No one can promise you |
126 | 00:10:51 --> 00:10:56 | profitability guaranteed. You can. Cannot do it, folks, I promise you, |
127 | 00:10:56 --> 00:10:59 | because if they could, they would be the biggest name in the industry. They would |
128 | 00:10:59 --> 00:11:02 | be the biggest name in the industry, if they could guarantee that you're going |
129 | 00:11:02 --> 00:11:05 | to be profitable. Going to be profitable using their stuff. And I like to think |
130 | 00:11:05 --> 00:11:09 | of myself as having superior intellect in terms of how to read price action |
131 | 00:11:09 --> 00:11:14 | against everyone else, and I can't do that. So if I can't do that with the |
132 | 00:11:14 --> 00:11:18 | most superior concepts in the marketplace, nobody else is going to do |
133 | 00:11:18 --> 00:11:21 | that either. And you're welcome to find them. You're welcome to put them to the |
134 | 00:11:21 --> 00:11:24 | test, okay, but they're not going to be able to do it for you. I promise you |
135 | 00:11:25 --> 00:11:32 | that. All right, so here we're looking at again, just moved forward in time a |
136 | 00:11:32 --> 00:11:38 | little bit in the same day. Here, the market reacted off of that inversion. |
137 | 00:11:38 --> 00:11:43 | Fair Pay got right here, and we'll start putting in the PD, right here's London, |
138 | 00:11:43 --> 00:11:48 | open kill zone. New York, open kill zone. And the London close. Okay, so |
139 | 00:11:48 --> 00:11:51 | it's kind of like caps day for forex. I don't really like to look at anything in |
140 | 00:11:51 --> 00:11:57 | the afternoon, noon to afternoon hours post noon time, Eastern Time for forex |
141 | 00:11:57 --> 00:12:02 | or dollar index. It's just there might be some moves, then it might be simply |
142 | 00:12:02 --> 00:12:07 | just related to FOMC rate announcement stuff. But generally, there's really no |
143 | 00:12:07 --> 00:12:13 | real interesting price moves for me after 12 noon. Okay, so if you're a |
144 | 00:12:13 --> 00:12:17 | Forex guy or gal, you like the you look at these markets and you're ever |
145 | 00:12:17 --> 00:12:20 | wondering what it is, I'm considering it in the afternoon. I'm not considering |
146 | 00:12:20 --> 00:12:24 | anything, you know, I'd be focusing on index features, and then I paid |
147 | 00:12:24 --> 00:12:26 | mentorship. I thought, just like that. So it's not like it's a new flavor for |
148 | 00:12:26 --> 00:12:33 | me. Now it's always been that way. All right. So here is the PDA raised. We |
149 | 00:12:33 --> 00:12:36 | have a bullish fair value gap, institutional or flow entry drill, which |
150 | 00:12:36 --> 00:12:39 | where it goes in just a little bit but fails to even go to halfway or |
151 | 00:12:39 --> 00:12:42 | consequent encroachment. We have a breakaway gap here, and then we have no |
152 | 00:12:42 --> 00:12:45 | bullish fair value gap with the institutional overflow entry drill |
153 | 00:12:45 --> 00:12:49 | again, once more, just trading in, but not hitting the consequent encroachment |
154 | 00:12:49 --> 00:12:54 | halfway point. Bullish fair value gap here accumulates around the consequence |
155 | 00:12:54 --> 00:13:00 | level, hits the high, but here sends price earning higher into the premium |
156 | 00:13:00 --> 00:13:07 | wick. Look at the price over here, 97 649, that's this one here. That's this |
157 | 00:13:07 --> 00:13:13 | wick low. That's the low of that premium wick. So once it trades into this here, |
158 | 00:13:15 --> 00:13:21 | it comes back down in that's the upper quadrant of that premium wick. And now |
159 | 00:13:21 --> 00:13:24 | it's a fair value gap touching it as well, and it's also during a macro time. |
160 | 00:13:26 --> 00:13:30 | Hallelujah. Thank you, Jesus. There you go. Okay, you got another unicorn in |
161 | 00:13:30 --> 00:13:33 | your repertoire now, rally is higher. Can't find that in any kind of |
162 | 00:13:33 --> 00:13:36 | textbooks, either, but they're going to put it on Amazon books, I promise you, |
163 | 00:13:37 --> 00:13:39 | before Christmas, there'll be dozens of books out there teaching what I'm |
164 | 00:13:39 --> 00:13:44 | teaching right now, and they'll still be short on the information. So the runs up |
165 | 00:13:44 --> 00:13:53 | into the high of the premium wick here, which is 97.823 that's this here, and |
166 | 00:13:53 --> 00:13:58 | then we get into this premium wick. Okay, now quadrant of that is 97 861, |
167 | 00:14:00 --> 00:14:04 | that's here, and then fall short of reaching the consequence, but leads |
168 | 00:14:04 --> 00:14:10 | relative equal highs here, rolling over into Euro, dollar. I'm going to save a |
169 | 00:14:10 --> 00:14:15 | little bit of time, because I have to do a futures focus on futures video. I'm |
170 | 00:14:15 --> 00:14:19 | keeping them separate because I'm trying to get a feel for the community where, |
171 | 00:14:19 --> 00:14:24 | like, where is the majority of the interest? Is it isn't in forex still, or |
172 | 00:14:24 --> 00:14:30 | is it now in futures, or is it equal? It's something I'm trying to get a feel |
173 | 00:14:30 --> 00:14:34 | for. So, you know, whatever you guys are watching. I know some of you watch both |
174 | 00:14:34 --> 00:14:38 | because you just want to hear what I'm talking about. But the hardcore Forex |
175 | 00:14:38 --> 00:14:41 | guys, they're just, they're not interested in futures, and I get it, I |
176 | 00:14:41 --> 00:14:46 | understand, but this is something I'm trying to get more data from. So here's |
177 | 00:14:46 --> 00:14:49 | Euro, dollar daily chart on the left hand side. This was a buy side of |
178 | 00:14:49 --> 00:14:53 | balance, sell side efficiency. But when price trades down and through it, this |
179 | 00:14:53 --> 00:14:56 | becomes a inversion, fair value gap. That's why the shade is orange. Whenever |
180 | 00:14:56 --> 00:15:01 | you see an orange rectangle, my charts if it's an. Close candle that I'm |
181 | 00:15:01 --> 00:15:06 | anchoring to. Okay, this is a buy side, and balance outside efficiency and |
182 | 00:15:06 --> 00:15:10 | prices below it. I'm expecting this to act as an inversion for Vega. That's |
183 | 00:15:10 --> 00:15:15 | that's basically what I'm saying. And the market trades up into here, outside |
184 | 00:15:15 --> 00:15:21 | the box a little bit, and then breaks aggressively lower during today, and |
185 | 00:15:21 --> 00:15:25 | that was on the basis of a higher dollar that was called last week. I said I was |
186 | 00:15:25 --> 00:15:31 | bullish. I wasn't wishy washy. I said, until it proves by going down lower, |
187 | 00:15:33 --> 00:15:37 | through a inversion fair value gap, that I'm going to stay with it being bullish. |
188 | 00:15:37 --> 00:15:40 | You can check me on it. Go watch the videos from last weekend and watch |
189 | 00:15:40 --> 00:15:46 | Monday's video, but the market crash is lower on Euro dollar on a higher run on |
190 | 00:15:46 --> 00:15:50 | Dollar Index. Now inside of that inversion Fairbank up, I already have |
191 | 00:15:50 --> 00:15:55 | the gradient levels, and I have this discount wick graded as well, and then |
192 | 00:15:55 --> 00:16:01 | we have the old inefficiency down here that I mentioned last week. So here is |
193 | 00:16:01 --> 00:16:06 | the London Open kill zone for Euro. The market breaks lower after creating a |
194 | 00:16:06 --> 00:16:10 | fair value gap. Institution or flow entry drill there during the London Open |
195 | 00:16:10 --> 00:16:14 | kill zone trades lower, accumulates shorts around the consequent |
196 | 00:16:14 --> 00:16:17 | encroachment of the inversion fair value gap. You can see that here that red |
197 | 00:16:17 --> 00:16:22 | line. Just check the chart over here at the price, and you'll see it's this area |
198 | 00:16:22 --> 00:16:28 | in here, so inside this daily range, price is now sitting right here, at that |
199 | 00:16:28 --> 00:16:33 | moment, is yet to do any of this price action. But then we break away with this |
200 | 00:16:33 --> 00:16:38 | gap here. It's leaving a consolidation in consequent encroachment of a higher |
201 | 00:16:38 --> 00:16:43 | Time Frame PD array. So any gap left there, that's an easy way of classifying |
202 | 00:16:43 --> 00:16:47 | as a breakaway gap. I just answered a lot of your questions. You guys asked |
203 | 00:16:47 --> 00:16:52 | me, How do you know about notice and annotating specific gaps and calling |
204 | 00:16:52 --> 00:16:55 | them breakaway gaps? This is one of those things right here. Okay, this is |
205 | 00:16:55 --> 00:16:58 | the stuff you're supposed to put in your journal. This is what you're supposed to |
206 | 00:16:58 --> 00:17:00 | write down. This is also what you're looking for all the time. When you go |
207 | 00:17:00 --> 00:17:04 | through your analysis, look for gaps that are inside consolidations or mid |
208 | 00:17:04 --> 00:17:09 | points of higher Time Frame, PD arrays, again, not found in retail books. |
209 | 00:17:09 --> 00:17:14 | They'll talk about a breakaway gap after it's happened. It sells books. It sold |
210 | 00:17:14 --> 00:17:18 | books for a long time, over the last few decades. But nobody's going to tell you |
211 | 00:17:18 --> 00:17:23 | but me. They're going to say nothing about what a breakaway gap is during |
212 | 00:17:23 --> 00:17:26 | real time price action, but I've done that. I've done it on live streams, I've |
213 | 00:17:26 --> 00:17:29 | done it on Twitter, I've called it live and telegram. I've done all these |
214 | 00:17:29 --> 00:17:36 | things. Okay, so the idea here is we see my the market trade lower into the lower |
215 | 00:17:36 --> 00:17:40 | quadrant, trades through it, and then we have a city here, sell sign, imbalance, |
216 | 00:17:40 --> 00:17:44 | buy side and efficiency. We have the institutional order flow entry drill |
217 | 00:17:45 --> 00:17:49 | where it goes up and not it fails to get to midpoint. Consequent growth from the |
218 | 00:17:49 --> 00:17:52 | fair value gap breaks lower comes right back to the low of that inversion fair |
219 | 00:17:52 --> 00:17:56 | value gap. So we're trading right here at this price on the daily range, right |
220 | 00:17:56 --> 00:18:01 | there. Okay, and the market starts going lower, creates another fair value gap |
221 | 00:18:01 --> 00:18:06 | respects the constant encroachment and then breaks lower once more. Sibi. Fair |
222 | 00:18:06 --> 00:18:11 | value gap trades up to consequent encroachment again and moves into this |
223 | 00:18:11 --> 00:18:15 | old inefficiency here in a green rectangle, we trade down to the low of |
224 | 00:18:15 --> 00:18:19 | it twice comes back to the high of it. Okay. This is not classic support and |
225 | 00:18:19 --> 00:18:22 | resistance, folks. It's trading inside of an inefficiency during a New York |
226 | 00:18:22 --> 00:18:27 | open kill zone. Creates the high trades lower. We have immediate rebalance here, |
227 | 00:18:27 --> 00:18:34 | breaks lower trades to the high of this discount wick, and then we trade to the |
228 | 00:18:34 --> 00:18:37 | lower quadrant here. That's this point, right there. |
229 | 00:18:42 --> 00:18:51 | No right continuing on with the British pound versus us, dollar or cable. Left |
230 | 00:18:51 --> 00:18:56 | hand chart is the daily chart, and the five minute chart is here on the right |
231 | 00:18:56 --> 00:19:01 | hand side. So on the left hand side we have this city here that I've graded, |
232 | 00:19:01 --> 00:19:04 | and I didn't put any color on it because there's no there's no need for it. You |
233 | 00:19:04 --> 00:19:10 | can see the levels up here, and then we have this fair value gap, and I have |
234 | 00:19:10 --> 00:19:15 | this discount wick annotated, this discount wick annotated, and this |
235 | 00:19:15 --> 00:19:21 | discount wick annotated. Okay, so when you're looking at the lower time frame |
236 | 00:19:21 --> 00:19:25 | chart. Anytime you see these levels here, all you have to do is look at the |
237 | 00:19:25 --> 00:19:31 | price. Okay, these prices will tell you where you're at in proximity to the |
238 | 00:19:32 --> 00:19:35 | daily range and where you're at intraday, so that way you're not going |
239 | 00:19:35 --> 00:19:40 | to get lost in the sauce. Okay, so the market opens up inside that fair value |
240 | 00:19:40 --> 00:19:45 | gap. All right, so with it trading in the opening of that fair value gap, and |
241 | 00:19:45 --> 00:19:50 | it's bearish, while dollar is bullish, that's going to cause euro and pound to |
242 | 00:19:50 --> 00:19:57 | fall against the dollars rallying. We have a London Open kill zone, sell, |
243 | 00:19:57 --> 00:20:01 | sign, efficiency, institutional or phone. Entry drill. And then once more, |
244 | 00:20:01 --> 00:20:06 | we trade back to it here. So because I didn't want to have to cram in any kind |
245 | 00:20:06 --> 00:20:09 | of annotations there, because I want to do it in one chart and be done, I didn't |
246 | 00:20:09 --> 00:20:12 | annotate here, but it's an institutional or flow entry here, entry drill here. |
247 | 00:20:13 --> 00:20:18 | And then we have the low tagged one more time of that fair value gap trades |
248 | 00:20:18 --> 00:20:21 | lower. But also notice it's hitting it at same time, it's consequent |
249 | 00:20:21 --> 00:20:37 | encroachment inside this inefficiency right here so that price is 135, 06, |
250 | 00:20:45 --> 00:20:55 | 135 06 is right in here. Okay, so the upper quadrants 135 074 that's this |
251 | 00:20:55 --> 00:21:00 | right here. So we opened, traded higher and then went lower. This is during the |
252 | 00:21:02 --> 00:21:05 | like the Asian session going into midnight area time. It doesn't show it |
253 | 00:21:05 --> 00:21:09 | on the chart, because I want to have the whole run of the day from London session |
254 | 00:21:09 --> 00:21:13 | down. So I got this running there for a second. Just bear with me. I'm getting |
255 | 00:21:13 --> 00:21:18 | old. Okay, the fair value gap here trades up into consequent encouragement |
256 | 00:21:18 --> 00:21:25 | there breaks lower, accumulation around the low of that inefficiency of daily |
257 | 00:21:25 --> 00:21:33 | wick and that price comes in at 134, 87.2 right here, right now. We're in the |
258 | 00:21:33 --> 00:21:38 | daily range at this level here, but it's right there. And then trade away from |
259 | 00:21:38 --> 00:21:43 | it, come back up. Hit it once more. Break lower. We have a bullish fair |
260 | 00:21:43 --> 00:21:47 | value gap here that we went back and forth through, and now we're below it |
261 | 00:21:47 --> 00:21:50 | trades back up to it here. So it's an inversion fair value gap. Note the |
262 | 00:21:50 --> 00:21:54 | color. Then we have a sell side imbalance, buy side efficiency here, |
263 | 00:21:54 --> 00:21:57 | fair value gap. The bodies are respecting that, and it only stabs up |
264 | 00:21:57 --> 00:22:02 | just to get the inversion. Fair value gap breaks away here. So this is a |
265 | 00:22:02 --> 00:22:06 | measuring gap. It never filled it in again. And this is a bearish order |
266 | 00:22:06 --> 00:22:13 | block. We're breaking lower, but look at the overall run. This is about halfway |
267 | 00:22:13 --> 00:22:20 | from this high down to that low. So measuring gaps always about halfway, and |
268 | 00:22:20 --> 00:22:30 | we're trading into now this earn efficiency by the discount wick. We |
269 | 00:22:30 --> 00:22:34 | trade down low, hit the high of it traded a lower quadrant, come back up to |
270 | 00:22:34 --> 00:22:39 | the high, hit the order block, which is change in state of delivery. Change in |
271 | 00:22:39 --> 00:22:43 | the state of delivery is the opening price of an up close candle. It was |
272 | 00:22:43 --> 00:22:47 | rallying here. The algorithm changes gears. And anything at that price are |
273 | 00:22:47 --> 00:22:56 | lower, it will spool and reach for lower discount or sell side. So another |
274 | 00:22:56 --> 00:22:59 | inversion fair value cap. We have a bullish fair value gap that we trade |
275 | 00:22:59 --> 00:23:04 | down through, we trade back up to here, reject and go lower during the New York |
276 | 00:23:04 --> 00:23:10 | open kill zone. We come out of that discount wick, and now the next one |
277 | 00:23:10 --> 00:23:15 | would be in here, as this levels here. So we have a smaller fair value gap. |
278 | 00:23:15 --> 00:23:19 | Trades to consequent encroachment there and then dips down into the upper |
279 | 00:23:19 --> 00:23:22 | quadrant. Doesn't quite get to the consequent encroachment, which is the |
280 | 00:23:22 --> 00:23:28 | midpoint of this whip down here, and it rallies up to the lower quadrant of this |
281 | 00:23:29 --> 00:23:35 | level here, 134, 573, and that's the level right here, right to the tick. |
282 | 00:23:35 --> 00:23:41 | Look at that. This is better than pivots, folks. Okay, I promise you floor |
283 | 00:23:41 --> 00:23:47 | pivots. They might work sometimes, but when you come you basically compress |
284 | 00:23:47 --> 00:23:51 | everything I've taught about reading price action and including time, and |
285 | 00:23:51 --> 00:23:57 | then you add these things to it. This is how you use inefficiencies in the wicks. |
286 | 00:23:57 --> 00:24:02 | Okay, I'm focusing this portion of the mentorship with just this principle |
287 | 00:24:02 --> 00:24:06 | here, because it answers a lot of the questions you've had looming for years. |
288 | 00:24:06 --> 00:24:11 | How do you know which one this is what I'm doing? This is exactly what I'm |
289 | 00:24:11 --> 00:24:15 | doing. Okay? No, it's not enigma. No, it's not in any other retail stuff. I |
290 | 00:24:15 --> 00:24:19 | didn't learn it from anybody else. No one else taught it to me. Okay? But this |
291 | 00:24:19 --> 00:24:21 | is what you're looking for. You're looking for. You're looking for a |
292 | 00:24:21 --> 00:24:26 | blending and a confluence of PD arrays and time and if it happens to occur |
293 | 00:24:26 --> 00:24:32 | inside of old discount or premium wicks of candlesticks, you're going to have |
294 | 00:24:32 --> 00:24:38 | wonderful odds in your favor of seeing price action move like you want it to. |
295 | 00:24:38 --> 00:24:42 | Now the problem is, is you're going to either overstay your welcome, stay in |
296 | 00:24:42 --> 00:24:48 | the trade too long, or just not have the confidence enough to do anything with |
297 | 00:24:48 --> 00:24:51 | it, and that's going to be the balls in your court for that. You have to |
298 | 00:24:51 --> 00:24:55 | determine where you go, but I can only just teach you how to read it, and you |
299 | 00:24:55 --> 00:24:58 | have to practice and learn how to do it better. But then the market just |
300 | 00:24:58 --> 00:25:05 | consolidates around. The low of that inefficiency right here. It's a |
301 | 00:25:05 --> 00:25:13 | beautiful sell off from this fair value gap here down to a discount click. |
302 | 00:25:13 --> 00:25:19 | Notice we didn't even have to break the range going into this low. See that? So |
303 | 00:25:19 --> 00:25:24 | it's trading inside the range of what that candlesticks low and that |
304 | 00:25:24 --> 00:25:30 | candlesticks high. See, it's it's a whole lot more going on than what you |
305 | 00:25:30 --> 00:25:35 | think and like, this is the reason why I never run out of information or teaching |
306 | 00:25:35 --> 00:25:40 | concepts, because it's vast, like I could literally teach every single day |
307 | 00:25:41 --> 00:25:47 | for four hours, and never run out of the teaching I would run out of life before |
308 | 00:25:47 --> 00:25:50 | I would run out of teaching, because there's so many things you can do, and |
309 | 00:25:50 --> 00:25:54 | once you understand the freedom that my concepts give you, all you have to do is |
310 | 00:25:54 --> 00:25:58 | find something that makes sense to you. What time of day can you trade? What |
311 | 00:25:58 --> 00:26:03 | market do you like to trade? What? What? PD arrays. Can you see? You only need |
312 | 00:26:03 --> 00:26:07 | one. I mean, look at all the ones in here. See the problem is, is you want to |
313 | 00:26:07 --> 00:26:12 | look at the ones up here, or you want to be up here near the high in the open, |
314 | 00:26:12 --> 00:26:17 | which is not even shown in the chart here. Think about it like the highest |
315 | 00:26:17 --> 00:26:25 | point this price scale goes is 1.3 515, and that's right in here. It's not even |
316 | 00:26:25 --> 00:26:32 | getting up to the fair value gap, which you can look in Asians into the midnight |
317 | 00:26:32 --> 00:26:37 | hours or so. You can see that forming that portion of cables high. So have |
318 | 00:26:37 --> 00:26:41 | that in your journal. But I'm focusing primarily on this because I just want to |
319 | 00:26:41 --> 00:26:45 | talk about the london session going in. Going into the New York session, and |
320 | 00:26:45 --> 00:26:48 | then going down into the London close, where it creates the opposite and the |
321 | 00:26:48 --> 00:26:53 | daily range, which is what you saw down here. There it is. So anything that's |
322 | 00:26:53 --> 00:26:58 | formed a low in this period here, I'm going to be content with that, probably |
323 | 00:26:58 --> 00:27:01 | being very close to the low if I'm bearish. And I told you last week, I'm |
324 | 00:27:01 --> 00:27:06 | bullish on dollar. I told you what I was looking for, exactly what price level I |
325 | 00:27:06 --> 00:27:10 | was looking for, the consequence of that inversion fair value gap that hadn't |
326 | 00:27:10 --> 00:27:15 | even formed yet. Find that in these dollar mentor, dollar mentorships that |
327 | 00:27:16 --> 00:27:20 | are going around here, they're not even calling it ICT anymore. They're using my |
328 | 00:27:20 --> 00:27:24 | language still, they're using my terms, but they don't ever say anything about |
329 | 00:27:24 --> 00:27:30 | it's ICT okay. You will judge them by their fruits if they cannot do it like I |
330 | 00:27:30 --> 00:27:35 | tell you and show you. They can't teach it. They can only talk about like |
331 | 00:27:35 --> 00:27:40 | yesterday's news. Okay? I'm the weather man. I'm telling you what the weather's |
332 | 00:27:40 --> 00:27:43 | gonna be tomorrow and the next day and the next day out, they're telling you |
333 | 00:27:43 --> 00:27:47 | what the headlines are about yesterday. They're telling you who won the football |
334 | 00:27:47 --> 00:27:50 | game yesterday, who's who's going to the World Series, because this was the |
335 | 00:27:51 --> 00:27:54 | outcome of this game or that game. Okay, I'm not doing that. I'm telling you in |
336 | 00:27:54 --> 00:27:57 | advance where it's going to go. And I'm using higher Time Frame charts, because |
337 | 00:27:57 --> 00:28:01 | I've had so many complaints over the years that all I talk about is these |
338 | 00:28:01 --> 00:28:05 | lower time frames. Well, I'm teaching both right now how to blend both. |
339 | 00:28:05 --> 00:28:08 | Whether you want to stay on the higher Time Frame daily or you want to use the |
340 | 00:28:08 --> 00:28:12 | lower time frames, it doesn't matter. You have now a balanced perspective of |
341 | 00:28:12 --> 00:28:12 | it. |
342 | 00:28:22 --> 00:28:26 | Now right, folks, hope you got something out of this one. If not, I don't want to |
343 | 00:28:26 --> 00:28:30 | hear about it. I'll talk to you next time. Be safe. |