1 | 00:00:00 --> 00:00:05 | ICT: All right, folks, welcome back. It's September, 25 2025 this is focus on |
2 | 00:00:05 --> 00:00:10 | forex. We're looking at Dollar Index, fiber, your USD and cable, POUND DOLLAR. |
3 | 00:00:17 --> 00:00:21 | Well, lo and behold, look at that. So I mentioned last week that I was bullish |
4 | 00:00:21 --> 00:00:26 | on dollar unless we were to trade below the daily consequent encouragement of |
5 | 00:00:26 --> 00:00:31 | this inversion fair value gap that was given to you before the actual formation |
6 | 00:00:31 --> 00:00:38 | of it. So it's kind of like one more time proving authorship. The nice rally |
7 | 00:00:38 --> 00:00:44 | off of that we've had the last two days has traded above the premium wick in |
8 | 00:00:44 --> 00:00:50 | here, above the gap in here, and then up into these highs here. Okay, so I'm |
9 | 00:00:51 --> 00:00:55 | going to show you two of them that you have on your chart. The first one, when |
10 | 00:00:55 --> 00:00:58 | we were down here and trading up, it's always, you know, this swing high. It's, |
11 | 00:00:59 --> 00:01:05 | you got to look at that, obviously, but this high has the longest wick, so |
12 | 00:01:05 --> 00:01:08 | that's a premium wick. So you can put your gradient levels on that from the |
13 | 00:01:08 --> 00:01:12 | candlestick open to the high. That's what's on here. And let me just toss it |
14 | 00:01:12 --> 00:01:18 | in real quick. There's really no reason to worry about whether you should draw |
15 | 00:01:18 --> 00:01:22 | the FIB from the low to the high or the high down to the low. When you're doing |
16 | 00:01:22 --> 00:01:28 | gradient levels on the wicks, it's not imperative, because you're you're simply |
17 | 00:01:28 --> 00:01:32 | looking at where those quadrant levels are. Not so much the importance of |
18 | 00:01:32 --> 00:01:37 | whether they're point seven, five or point two, five, it's it's irrelevant. |
19 | 00:01:37 --> 00:01:41 | Just looking at the placement of it, where it is in proximity to what price |
20 | 00:01:41 --> 00:01:47 | is doing. Okay, so on the right hand side, we have the finance chart again, |
21 | 00:01:47 --> 00:01:52 | the left hand side, the daily chart. And at midnight, price is consolidating and |
22 | 00:01:52 --> 00:02:03 | traded on the low at 97.786 that's this here. It's the low of this premium wick. |
23 | 00:02:03 --> 00:02:10 | So we opened, traded down a little bit of a judo swing, and then we found some |
24 | 00:02:10 --> 00:02:16 | support right at that level. Again. Here London Open, kind of was like, really, |
25 | 00:02:16 --> 00:02:23 | not all that eventful, but no, the New York session, New York open, had a lot |
26 | 00:02:23 --> 00:02:27 | of animation. We had a breakaway gap in here. Just kept on ripping higher. And |
27 | 00:02:27 --> 00:02:36 | then we have a fair value gap there, right on the lower quadrant of this |
28 | 00:02:37 --> 00:02:42 | premium wick. That's this level right here. Fairway got right at the quadrant |
29 | 00:02:42 --> 00:02:46 | level, and a little fair value gap so you can get in pyramid, okay, and then |
30 | 00:02:46 --> 00:02:53 | rallies strongly off of that, which creates a retracement lower fair value |
31 | 00:02:53 --> 00:02:56 | gap. And then we have a volume imbalance. It's really tight to see it |
32 | 00:02:56 --> 00:02:59 | in here, but you know, in your chart, you'll be able to see it easily. The |
33 | 00:02:59 --> 00:03:03 | bodies respect the bullish fair value gap. Here we have a measuring gap that |
34 | 00:03:03 --> 00:03:09 | stays open. So break away measuring gap and then fair value gap, bullish |
35 | 00:03:09 --> 00:03:14 | breaker. So you have a swing low here and a lower low, so that high here, |
36 | 00:03:15 --> 00:03:19 | bullish breaker trades into it here. Bullish fair value gap rallies through. |
37 | 00:03:19 --> 00:03:24 | Bullish variable, I got, once more trades up to the lower quadrant of |
38 | 00:03:25 --> 00:03:31 | 98.456 that's this level here. That's the lower quadrant of this premium wick. |
39 | 00:03:31 --> 00:03:35 | So again, you want to take your time review what these price levels are in |
40 | 00:03:35 --> 00:03:38 | relationship to what wick, and then look at where we're at over here. We |
41 | 00:03:38 --> 00:03:44 | accumulate around that 4540 I'm sorry, 9845 six level there, and trades higher. |
42 | 00:03:44 --> 00:03:47 | And I just included all this price action because it just kept going |
43 | 00:03:47 --> 00:03:55 | further beyond the normal London closed time period. London close is as an |
44 | 00:03:55 --> 00:03:59 | extended window of time goes from 10 o'clock in the morning Eastern Time to |
45 | 00:03:59 --> 00:04:02 | as much as one o'clock in the afternoon. That's that's kind of like my the |
46 | 00:04:02 --> 00:04:06 | lattice. Of like my the lattice, the latest, the latest portion in a day of |
47 | 00:04:06 --> 00:04:11 | the New York session, pm session that I'd be concerned about. So obviously, it |
48 | 00:04:11 --> 00:04:14 | goes a little bit further than that today, because it's such a big blow off |
49 | 00:04:14 --> 00:04:20 | type run. So we're reaching for the buy side here, and the upper half of that |
50 | 00:04:20 --> 00:04:30 | premium wick, and then we'll look at this one in a moment. So now I have the |
51 | 00:04:30 --> 00:04:36 | FIB ran across, this premium wick, and these levels here you can see, are much |
52 | 00:04:36 --> 00:04:44 | more pertinent once we get into the 9824 and a half level. That's this here. Look |
53 | 00:04:44 --> 00:04:49 | at the body respects it there. The candlesticks are respecting that level |
54 | 00:04:49 --> 00:04:54 | there. And we drew right back down into that. So we have upper quadrant there, |
55 | 00:04:55 --> 00:05:00 | which will be that, and then the high so what are these? Right here? Right |
56 | 00:05:01 --> 00:05:05 | relative equal highs. Right isn't qualified by having a lower one to the |
57 | 00:05:05 --> 00:05:13 | right than that one here. Yes. So buy side sitting at 98 73.3, that's in |
58 | 00:05:13 --> 00:05:15 | striking distance for Dollar Index. |
59 | 00:05:20 --> 00:05:24 | Right? Euro, dollar. This maybe just fell right out of bed, didn't it? |
60 | 00:05:24 --> 00:05:28 | Inversion fair value gap. We covered that the other day, and we have a gap |
61 | 00:05:28 --> 00:05:32 | here, which is a bullish fair value gap. I'm not going to change the color in |
62 | 00:05:32 --> 00:05:35 | this, because I don't want to confuse you with these two here, but this |
63 | 00:05:35 --> 00:05:42 | changes its state to a premium array to it's going to be what it changes from a |
64 | 00:05:42 --> 00:05:46 | busy that would be bullish once it trades down into it, like it did here, |
65 | 00:05:46 --> 00:05:50 | but if it trades down through it like it did yesterday, this becomes an inversion |
66 | 00:05:50 --> 00:05:55 | fair value gap. Okay, so it's going to act as a reversal of what we expected. |
67 | 00:05:55 --> 00:05:58 | And no, that's not my smoke detector. In case you heard that, beep, beep. I have |
68 | 00:05:58 --> 00:06:01 | a perimeter alarm that lets me know when my puppies are trying to get into an |
69 | 00:06:01 --> 00:06:04 | area house I don't want them in. Them in and the batteries are dying, so I got to |
70 | 00:06:04 --> 00:06:10 | change them all right? So the market creates this run up into here London, |
71 | 00:06:10 --> 00:06:14 | London kill zone again, like in dollar index was kind of like lethargic, wasn't |
72 | 00:06:14 --> 00:06:18 | doing all that much. And then New York session, we came alive. We had a |
73 | 00:06:18 --> 00:06:22 | breakaway gap, bearish, fair value gap. We traded up into that. Here's your Judo |
74 | 00:06:22 --> 00:06:27 | swing during New York session. Break lower order block that's bears change |
75 | 00:06:27 --> 00:06:31 | into state delivery. This candlestick here to open big, precipitous drop. |
76 | 00:06:31 --> 00:06:37 | Lower trades down into the discount wick on this candlestick here, you can see it |
77 | 00:06:37 --> 00:06:45 | at 1.16945 that's this lot more here, and it creates a measuring gap and a |
78 | 00:06:45 --> 00:06:51 | breaker. So we have swing high, low, higher, high. That's a bearish breaker. |
79 | 00:06:51 --> 00:06:54 | We trade up into it several times. Look at the wicks. This will allow the due to |
80 | 00:06:54 --> 00:06:59 | damage, and then we break lower. We have a small, little fair value gap. It's not |
81 | 00:07:00 --> 00:07:03 | enough room for me to annotate, but it would be a fair, bearish fairbag out |
82 | 00:07:03 --> 00:07:08 | there, and we have an inversion fair value gap there, trades up into it, |
83 | 00:07:08 --> 00:07:13 | there perfectly, and then drops lower into the London close, trading below the |
84 | 00:07:13 --> 00:07:23 | low of that discount wick. Now I'm going to show you this discount wick, where I |
85 | 00:07:23 --> 00:07:28 | believe that we may be requiring attention to so these levels here, you |
86 | 00:07:28 --> 00:07:35 | want to have them on your chart as well. You can look at this one here, the |
87 | 00:07:35 --> 00:07:40 | longest, one lower. But don't disregard this one. It's important you have that |
88 | 00:07:40 --> 00:07:49 | one, okay, POUND DOLLAR or cable. Same thing here. We had a bearish fair value |
89 | 00:07:49 --> 00:07:56 | gap, reclaimed, reclaimed delivered from yesterday, and then the discount wick |
90 | 00:07:56 --> 00:07:59 | here, and then we have a discount wick there, and then we have a bullish fair |
91 | 00:07:59 --> 00:08:03 | value cap. It traded down to and I put the gradient levels on the bullish |
92 | 00:08:03 --> 00:08:06 | repair value gap. So just to pay attention, you know what we're looking |
93 | 00:08:06 --> 00:08:10 | at over here. This is the daily range for today. On Thursday. You can see how |
94 | 00:08:10 --> 00:08:21 | we traded up into the upper quadrant of this one here, at 1.34650 right there, |
95 | 00:08:23 --> 00:08:27 | fair value gap trades up in bodies respecting it, and it's also the lower |
96 | 00:08:27 --> 00:08:36 | quadrant of that count wick. We break lower after another, return up in with |
97 | 00:08:36 --> 00:08:40 | that fair value gap, then we have a breakaway gap. Fair value gap trade up |
98 | 00:08:40 --> 00:08:44 | into it there, which is institutional order, flow entry drill, and it happens |
99 | 00:08:44 --> 00:08:49 | to land directly on consequent encroachment of this discount link |
100 | 00:08:51 --> 00:08:55 | breaks aggressively. Now we have a measuring gap about halfway what we're |
101 | 00:08:55 --> 00:09:01 | expecting to trade down to that bullish fair value gap over here trades into a |
102 | 00:09:01 --> 00:09:07 | city which is a bearish fair value fair bag out there, discount wick graded that |
103 | 00:09:07 --> 00:09:13 | trades up into that shoots it with the the wick only not the body into this |
104 | 00:09:13 --> 00:09:17 | bearish fair value gap. And we have a small, little fair bag out there, bodies |
105 | 00:09:17 --> 00:09:20 | respecting it. Wicks are allowed to trade outside of it. And then we have |
106 | 00:09:20 --> 00:09:24 | another little fair value gap there, digs into that bullish fair value gap in |
107 | 00:09:24 --> 00:09:29 | blue, and the bodies respect this fair value gap and sells off and trades just |
108 | 00:09:29 --> 00:09:34 | short right before it gets to that little low down here. So it was like one |
109 | 00:09:34 --> 00:09:39 | tick or so away from that. That's very, very close for government work, right? |
110 | 00:09:39 --> 00:09:45 | So you can see how having an understanding of reading gaps that are |
111 | 00:09:45 --> 00:09:51 | viewed in your candlestick as a wick above or below a candlestick. Steve |
112 | 00:09:51 --> 00:09:55 | Nielsen did a lot of stuff, writing about candlesticks and whatnot, and I do |
113 | 00:09:55 --> 00:09:59 | not subscribe to any of the stuff he wrote about in a disrespect to him, but |
114 | 00:09:59 --> 00:10:03 | I. If you're gonna look at candlesticks this. This is the real science behind |
115 | 00:10:03 --> 00:10:06 | it, because you can really read real institutional order flow, real order |
116 | 00:10:06 --> 00:10:10 | flow. And you don't need to worry about how many contracts somebody wants to buy |
117 | 00:10:10 --> 00:10:14 | or sell above or below the marketplace, because the number of those contracts |
118 | 00:10:14 --> 00:10:18 | absolutely has no bearing on where the market's gonna go. Zero has zero bearing |
119 | 00:10:18 --> 00:10:22 | on how the market's gonna go. You need to know where it's likely to reach for |
120 | 00:10:22 --> 00:10:26 | in a direction, and then look for key levels like this, like I'm teaching you |
121 | 00:10:26 --> 00:10:30 | here. Over the last two weeks, I've given you insights about reading price |
122 | 00:10:30 --> 00:10:34 | action that nobody on this planet has ever talked about. I mean, I've talked |
123 | 00:10:34 --> 00:10:40 | about it with my kids, but I've never shared it to the degree that I'm doing |
124 | 00:10:40 --> 00:10:44 | here in the last two weeks, and you can see how it overlaps with my PD arrays |
125 | 00:10:44 --> 00:10:49 | like perfectly. And by having that overlapping and confluence, it just |
126 | 00:10:49 --> 00:10:54 | makes the PD arrays stand out on your chart, and that means that you know |
127 | 00:10:54 --> 00:10:56 | which one to use now going forward. |
128 | 00:11:06 --> 00:11:09 | Hi, folks, hope you enjoyed this one, hope you got something out of it, and |
129 | 00:11:09 --> 00:11:13 | thank you for your continued interest, and I will talk to you again tomorrow. |
130 | 00:11:13 --> 00:11:16 | Lord willing until next time. Be safe. |