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Last modified by Drunk Monkey on 2025-09-27 14:17
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2 |1 |00:00:02 ~-~-> 00:00:07 |ICT: Hey folks, welcome back September 25 2025 this is the focus on index
3 |2 |00:00:07 ~-~-> 00:00:14 |futures. We're focusing on Christmas and Q E Mini futures, NASDAQ E Mini futures.
4 |3 |00:00:14 ~-~-> 00:00:22 |So let's take a quick look at what we have here today. All right. So today is
5 |4 |00:00:23 ~-~-> 00:00:28 |Thursday, daily chart on left, one minute chart on the right. So we have
6 |5 |00:00:28 ~-~-> 00:00:34 |this premium wick highlighted with these gradient levels. We have a buy side and
7 |6 |00:00:34 ~-~-> 00:00:38 |balance cell sign, efficiency, fair value gap with the gradient levels added
8 |7 |00:00:38 ~-~-> 00:00:47 |to it as well. Then we have a y side imbalance, sell side efficiency, busy,
9 |8 |00:00:47 ~-~-> 00:00:53 |fair value got there as well. And then we have a discount wick with gradient
10 |9 |00:00:53 ~-~-> 00:01:00 |levels on it. So as I mentioned on this day here that we were entering a time
11 |10 |00:01:00 ~-~-> 00:01:05 |when an intermediate term high should form in NASDAQ, and I think by anyone's
12 |11 |00:01:05 ~-~-> 00:01:10 |standard, that would be considered an intermediate term high I call on the
13 |12 |00:01:10 ~-~-> 00:01:15 |top. I'm not trying to get overzealous or anything, but that's how formidable
14 |13 |00:01:16 ~-~-> 00:01:20 |you are. Once you understand how to read the tape, read price, action, without
15 |14 |00:01:20 ~-~-> 00:01:26 |overflow, stuff without level two data, without any other stuff. Now you can use
16 |15 |00:01:26 ~-~-> 00:01:32 |it if you think it helps you Okay, so if you, if you've been consistent, and
17 |16 |00:01:32 ~-~-> 00:01:36 |you're able to find profitability using that stuff, and you want to believe and
18 |17 |00:01:36 ~-~-> 00:01:40 |place your faith in that religion, then wonderful. That means that you're giving
19 |18 |00:01:40 ~-~-> 00:01:46 |yourself the cheerleading aspects that you need to do as a trader. But if you
20 |19 |00:01:46 ~-~-> 00:01:51 |don't have any subscription to that, there's no need to reach for it, because
21 |20 |00:01:51 ~-~-> 00:01:55 |there's really no advantage at all. I didn't use any of it when I was
22 |21 |00:01:55 ~-~-> 00:02:00 |outlining this market this week and last week, and I'm right on the tick. So this
23 |22 |00:02:00 ~-~-> 00:02:09 |goes to show you, don't need all that stuff. That stuff here, regular trading
24 |23 |00:02:09 ~-~-> 00:02:14 |hours, 930 starting, okay, the market breaks down. I have a fair value gap
25 |24 |00:02:14 ~-~-> 00:02:18 |there. We'll look at that in a moment. L a fair value gap there. Small
26 |25 |00:02:18 ~-~-> 00:02:22 |consolidation and drops down into the blue positive balance, cell sign,
27 |26 |00:02:22 ~-~-> 00:02:30 |efficiency, fair value. Got this line here, 24,004 37 even is this level here,
28 |27 |00:02:31 ~-~-> 00:02:39 |which is the upper quadrant of this discount wick? See that? So it's also
29 |28 |00:02:39 ~-~-> 00:02:43 |very close in proximity to what would be the lower quadrant, but it doesn't quite
30 |29 |00:02:43 ~-~-> 00:02:46 |get there. So if you put your fib on, you'll see that it doesn't quite get to
31 |30 |00:02:46 ~-~-> 00:02:50 |it, but it got real real close to it. So if you're grading the fair value gap
32 |31 |00:02:50 ~-~-> 00:02:54 |itself from this candle is low and this candle is high, you would see that it
33 |32 |00:02:55 ~-~-> 00:02:59 |just got real close but did not trade to it, but the upper quadrant of the
34 |33 |00:02:59 ~-~-> 00:03:05 |discount wick. It did So which one's going to be easier to get to this one.
35 |34 |00:03:06 ~-~-> 00:03:11 |Okay, and price did, in fact, trade down into it. Here comes back up trades to
36 |35 |00:03:12 ~-~-> 00:03:21 |the high of that. Discount wick at 24,005, 02, you see that here. It trades
37 |36 |00:03:21 ~-~-> 00:03:26 |back down to the upper quadrant of the discount wick, that level right here,
38 |37 |00:03:26 ~-~-> 00:03:36 |this wick and price starts to rally. Okay, I mentioned how we would see the
39 |38 |00:03:36 ~-~-> 00:03:41 |likelihood of reaching into fair value gaps and discount Wix and premium wicks
40 |39 |00:03:41 ~-~-> 00:03:49 |and grading them a week ago. Okay? And that's really, technically what last
41 |40 |00:03:49 ~-~-> 00:03:54 |Tuesday says more than a week ago. But we can see the reactions off of these
42 |41 |00:03:54 ~-~-> 00:04:00 |levels here, which is not a pivot point. It's not any kind of retail logic. It's
43 |42 |00:04:00 ~-~-> 00:04:05 |not classic support and resistance, okay, but it allows you to look at wicks
44 |43 |00:04:05 ~-~-> 00:04:10 |in the same vein as I do with inefficiencies and or gaps. So the
45 |44 |00:04:10 ~-~-> 00:04:15 |market rallies up, trades back inside the green, buy side and balance, sell
46 |45 |00:04:15 ~-~-> 00:04:22 |side, efficiency and trades up to the lower quadrant of it here at 24,005 78,
47 |46 |00:04:22 ~-~-> 00:04:27 |78 and then to consequent encouragement, upper quadrant. And all the way, look at
48 |47 |00:04:27 ~-~-> 00:04:31 |the body, respecting the perfect delivery of that clothes is right on the
49 |48 |00:04:32 ~-~-> 00:04:39 |24,006 55 high of that bullish fair value got right there. Which of that
50 |49 |00:04:39 ~-~-> 00:04:45 |candles low? That's beautiful, and then it drops back down just below consequent
51 |50 |00:04:45 ~-~-> 00:04:49 |encroachment, one more time, hammers the upper level of that fair value gap on
52 |51 |00:04:49 ~-~-> 00:04:55 |the daily chart, once more trades lower, immediate rebalance here and rallies up
53 |52 |00:04:55 ~-~-> 00:05:03 |first. Present the fair value gap you can see. 80 forms here. Here's 930 and
54 |53 |00:05:03 ~-~-> 00:05:09 |the first inefficiency is there? Okay, so nice displacement, very obvious, and
55 |54 |00:05:09 ~-~-> 00:05:13 |it's a sell side imbalanced buy side efficiency. So when I annotate its first
56 |55 |00:05:13 ~-~-> 00:05:16 |potential fair value gap in the form of a bearish fair value gap, why? Because
57 |56 |00:05:16 ~-~-> 00:05:21 |it's a down closed candle. Trades up into it here, just fall short of
58 |57 |00:05:21 ~-~-> 00:05:26 |consequent encroachment breaks lower institutional order flow entry drill,
59 |58 |00:05:26 ~-~-> 00:05:30 |and let's extend that first present to fair value gap. You can see that we have
60 |59 |00:05:30 ~-~-> 00:05:34 |an order block down here to bullish change the state of delivery after it
61 |60 |00:05:34 ~-~-> 00:05:42 |trades into that upper quadrant of that discount wick here. There it is on the
62 |61 |00:05:42 ~-~-> 00:05:46 |one minute chart. It retrades back down to that order block there. The body's
63 |62 |00:05:46 ~-~-> 00:05:50 |respecting it sends it higher institutional order flow entry drill
64 |63 |00:05:50 ~-~-> 00:05:57 |here and now, because price trades above the first presented fair value I got,
65 |64 |00:05:57 ~-~-> 00:06:00 |and we're trading consequent encouragement. It's a sippy at first, so
66 |65 |00:06:00 ~-~-> 00:06:07 |it's going to change its character to what now it's a bullish scenario. So we
67 |66 |00:06:07 ~-~-> 00:06:11 |would look for this to act as what discount sensitivity, if it's going to
68 |67 |00:06:11 ~-~-> 00:06:14 |trade down the consequent encroachment, it should not trade to the lower half.
69 |68 |00:06:14 ~-~-> 00:06:18 |It does, in fact, the very thing here. So that's the logic I've been teaching
70 |69 |00:06:18 ~-~-> 00:06:23 |you. Rallies up, creates a positive balance outside efficiency in here. So
71 |70 |00:06:23 ~-~-> 00:06:28 |it's another bull, bullish fair value gap leads a small portion open, rallies
72 |71 |00:06:28 ~-~-> 00:06:31 |up, and does all the business we talked about here. But now we'll put the
73 |72 |00:06:31 ~-~-> 00:06:35 |gradient levels on there, and you can see how it was respecting a lot of those
74 |73 |00:06:35 ~-~-> 00:06:39 |levels as well. And we're going to need to take that fair value gap, extend it
75 |74 |00:06:39 ~-~-> 00:06:43 |forward, so that way we can keep track of what we're referencing when I move
76 |75 |00:06:43 ~-~-> 00:06:50 |forward in time, the first business very, very tongue twister, the first
77 |76 |00:06:50 ~-~-> 00:06:58 |presented fair value gap resumes being a bearish fair value gap once we trade
78 |77 |00:06:58 ~-~-> 00:07:02 |down below, and It's the Costco encroachment and breaks outside of it.
79 |78 |00:07:02 ~-~-> 00:07:06 |That means it's likely to trade lower. Where does it trade? To inversion, fair
80 |79 |00:07:06 ~-~-> 00:07:10 |value gap inside this low we have an older block, which is these two
81 |80 |00:07:10 ~-~-> 00:07:15 |consecutively on closed candles, and then we have the little gap right there
82 |81 |00:07:15 ~-~-> 00:07:19 |extended through the candle. That's why we're not supplying demand, and the
83 |82 |00:07:19 ~-~-> 00:07:24 |bodies respect that beautiful delivery and sends it right back up into the
84 |83 |00:07:24 ~-~-> 00:07:31 |upper fair value gap here. This gap, when it was formed, was a busy so it was
85 |84 |00:07:31 ~-~-> 00:07:36 |an up close candle fair value gap. That means it's likely to be bullish. You can
86 |85 |00:07:36 ~-~-> 00:07:41 |see it being utilized here. But when we trade down through it and come back up
87 |86 |00:07:41 ~-~-> 00:07:44 |and then fall back down through it again. The upper half needs to be
88 |87 |00:07:45 ~-~-> 00:07:49 |disregarded, in other words, only sensitivity at the consequent
89 |88 |00:07:49 ~-~-> 00:07:54 |encroachment level or below it. And we can see that being shown here, and then
90 |89 |00:07:54 ~-~-> 00:07:57 |it's stacked right on top of first percent of fair breakout now resuming
91 |90 |00:07:57 ~-~-> 00:08:04 |its bearish initial creation with the city down close candle. So now it trades
92 |91 |00:08:04 ~-~-> 00:08:07 |out the consequent encroachment there breaks lower, hits the 24,005
93 |92 |00:08:13 ~-~-> 00:08:20 |53 level breaks aggressively lower, internet inversion, fair value gap. And
94 |93 |00:08:20 ~-~-> 00:08:24 |then look at the strong reaction off of that. Look at that. So we're going to
95 |94 |00:08:24 ~-~-> 00:08:29 |scroll forward. There's that inversion, parabolic gap. It rallies up now the
96 |95 |00:08:29 ~-~-> 00:08:33 |first visited fair value gap changes character once more. The bodies are
97 |96 |00:08:33 ~-~-> 00:08:37 |respecting consequent encroachment. The wicks are allowed to do the damage.
98 |97 |00:08:37 ~-~-> 00:08:43 |Comes back up, hits it here, rallies up upper quadrant of the previous fair
99 |98 |00:08:43 ~-~-> 00:08:48 |value gap that was above first, but it's fair value gap and trades up into the
100 |99 |00:08:48 ~-~-> 00:08:55 |upper quadrant of the fair value gap over here at 24,006 29 and a half,
101 |100 |00:08:55 ~-~-> 00:08:59 |that's what we're seeing here, back down to bullish fair value gap and
102 |101 |00:08:59 ~-~-> 00:09:03 |consolidates into the close. So I tried to keep the annotations in the PD
103 |102 |00:09:03 ~-~-> 00:09:09 |arrays, kind of like short and sweet, and focusing on the relationships of the
104 |103 |00:09:09 ~-~-> 00:09:12 |first person, the fairy value gap and the other fair value gaps, how they
105 |104 |00:09:12 ~-~-> 00:09:17 |changed their characteristic intraday. So as the ebb and flow of price delivery
106 |105 |00:09:17 ~-~-> 00:09:24 |above and below these fair value gaps, it allows you to switch your short term
107 |106 |00:09:24 ~-~-> 00:09:29 |bias to where the next pool of liquidity would reach for or the next inefficiency
108 |107 |00:09:29 ~-~-> 00:09:36 |above or below, but having the understanding of when these form and how
109 |108 |00:09:36 ~-~-> 00:09:41 |you're looking for price to draw to very specific levels, it helps build your
110 |109 |00:09:41 ~-~-> 00:09:46 |tape reading repertoire so it gives you skill set that will increase over time.
111 |110 |00:09:47 ~-~-> 00:09:50 |You can't do it, you know, as much as you want to learn how to do it real
112 |111 |00:09:50 ~-~-> 00:09:56 |quick and be very efficient at it. My best advice, and I get this question a
113 |112 |00:09:56 ~-~-> 00:10:00 |lot in email, and I get it in comments that I don't approve on. The channel,
114 |113 |00:10:00 ~-~-> 00:10:06 |because I basically hold a lot of the commentary and I guess post by the
115 |114 |00:10:06 ~-~-> 00:10:09 |people, because there's a lot of these weird crypto like, there's a lot of
116 |115 |00:10:09 ~-~-> 00:10:13 |crypto stuff being posted, and I don't want to go in there and have to clean
117 |116 |00:10:13 ~-~-> 00:10:16 |all that stuff out after it's been posted. So it's easier for me just I
118 |117 |00:10:16 ~-~-> 00:10:19 |read all your comments, but I'm not going to authorize them to go to the
119 |118 |00:10:19 ~-~-> 00:10:24 |channel, because this is something I just don't want to be babysitting. So
120 |119 |00:10:24 ~-~-> 00:10:27 |there that there are comments allowed on certain videos, and honestly, I don't
121 |120 |00:10:27 ~-~-> 00:10:32 |keep up with which ones they are. But anything you send to me, even though you
122 |121 |00:10:32 ~-~-> 00:10:35 |don't see it, you think you see it on on the channel, but nobody else can see it,
123 |122 |00:10:35 ~-~-> 00:10:38 |I still read it. So I appreciate all your sentiment. Thank you for all your
124 |123 |00:10:38 ~-~-> 00:10:44 |very kind, very kind remarks in regarding to my loss of my older boxer,
125 |124 |00:10:44 ~-~-> 00:10:49 |Bailey, and also the the work I'm putting in here, and I appreciate that.
126 |125 |00:10:49 ~-~-> 00:10:55 |I'm thankful for that. But in closing, I want you to think about how we dove down
127 |126 |00:10:55 ~-~-> 00:11:00 |pretty deep into this fair value gap, and tomorrow's Friday, so the range of
128 |127 |00:11:00 ~-~-> 00:11:06 |Thursday was pretty significant. So in my opinion, I would keep my expectations
129 |128 |00:11:06 ~-~-> 00:11:12 |very low for tomorrow, because it's already done enough. You know if, if all
130 |129 |00:11:12 ~-~-> 00:11:17 |we had to do was anticipate what we anticipated this week for NASDAQ, and it
131 |130 |00:11:17 ~-~-> 00:11:22 |delivered like this, whatever it did on Friday, tomorrow's trading. Who cares?
132 |131 |00:11:22 ~-~-> 00:11:26 |You know, it doesn't make a difference, because this was such a wonderful
133 |132 |00:11:26 ~-~-> 00:11:30 |display of prowess, being able to understand what the market should and
134 |133 |00:11:30 ~-~-> 00:11:34 |shouldn't do, and the sensitivity and precision of the concepts I'm sharing
135 |134 |00:11:34 ~-~-> 00:11:38 |with you. So hopefully you found this insightful. I'm probably going to have,
136 |135 |00:11:38 ~-~-> 00:11:43 |obviously, a review tomorrow evening, but there won't be an extra recording
137 |136 |00:11:43 ~-~-> 00:11:48 |over the weekends. I need my Saturday and Sunday time to just kind of ground
138 |137 |00:11:48 ~-~-> 00:11:53 |again, and we'll be back at it again on Monday. So I guess enjoy your weekend.
139 |138 |00:11:53 ~-~-> 00:11:57 |And for those who want to see the Forex stuff, I'm going to finish this one up,
140 |139 |00:11:57 ~-~-> 00:12:01 |and then a couple minutes after I finish it, I'll grab something to drink real
141 |140 |00:12:01 ~-~-> 00:12:03 |quick, and then I'll do the Forex review. I'll
142 |141 |00:12:13 ~-~-> 00:12:16 |talk to you next time. I wish you good luck and good trading.