ICT YT - 2025-09-30 - Focus On Forex and Index Futures 09-29-2025
Last modified by Drunk Monkey on 2025-10-06 11:10
1 | 00:00:07 --> 00:00:14 | ICT: Hello Folks. How are you happy? Monday? This is September 29 2025 and |
2 | 00:00:14 --> 00:00:20 | this is going to be the first we focus on forex. We're gonna take a quick look |
3 | 00:00:20 --> 00:00:23 | at the dollar index, Euro dollar and POUND DOLLAR. |
4 | 00:00:29 --> 00:00:35 | All right, so we're looking at left hand side. That's the daily chart, and this |
5 | 00:00:35 --> 00:00:42 | premium wick here, that's what I have highlighted, and I showed you the |
6 | 00:00:42 --> 00:00:47 | contrast of this last week, this highest high and then this one in here. So you |
7 | 00:00:47 --> 00:00:51 | want to look at both of those. I'm going to show this one, and you go back to the |
8 | 00:00:51 --> 00:00:56 | other chart. And again, the interactive aspect of this is you actually do this |
9 | 00:00:56 --> 00:01:00 | with your own charts, not just simply relying on mine, but you also want to |
10 | 00:01:00 --> 00:01:04 | have this one here, the tallest one on the daily chart with the gradient levels |
11 | 00:01:05 --> 00:01:09 | like this one is okay. So the market made it a rally like we were expecting |
12 | 00:01:09 --> 00:01:13 | last week off of the inversion fair value gap that was called for before it |
13 | 00:01:13 --> 00:01:25 | even formed. This retracement lower came on the heels of Thursday, saying in ex |
14 | 00:01:25 --> 00:01:29 | post, I said, Be content. Don't, don't look for anything further on the upside |
15 | 00:01:29 --> 00:01:35 | the next day, Friday, we have an Inside Day, and then we have follow through on |
16 | 00:01:35 --> 00:01:41 | the downside. So my premium wick here. So these darker lines, the blue and the |
17 | 00:01:41 --> 00:01:47 | red. The red is that consequent encroachment level at 97.937 you can see |
18 | 00:01:47 --> 00:01:57 | that here, 97.937 and we opened up with Asia's session and London Open minor |
19 | 00:01:57 --> 00:02:02 | buys have liquidity. So here's London in Asia. So relative equal highs, the |
20 | 00:02:03 --> 00:02:08 | market rallied off of that, after using a sell side imbalance by signing |
21 | 00:02:08 --> 00:02:12 | efficiency that took out sell side here, that's what this was. They accumulated |
22 | 00:02:12 --> 00:02:17 | the stops below there, throwing them on an open kill zone. Then rallied shift in |
23 | 00:02:17 --> 00:02:21 | market structure came right back down into an inversion fair value gap. So |
24 | 00:02:21 --> 00:02:27 | this Sibi changed this characteristic to that of a bullish PD array, and you can |
25 | 00:02:27 --> 00:02:31 | see how the bodies are pretty much respecting the consequent encroachment. |
26 | 00:02:31 --> 00:02:36 | I mean, it's a little bit of movement below it, but ultimately, this positive |
27 | 00:02:36 --> 00:02:41 | balance cell phone efficiency here and the inversion fair value gap held it at |
28 | 00:02:41 --> 00:02:46 | bay, and it rallied up attacking that Asia and London, open, lifestyle |
29 | 00:02:46 --> 00:02:56 | liquidity, up into a 845 leave it was last week. I can't recall on the last I |
30 | 00:02:57 --> 00:03:03 | don't have my note on that day, and just go back to 845, in the morning, and |
31 | 00:03:03 --> 00:03:07 | you'll see it to have it on a five minute chart, and you'll see that that |
32 | 00:03:07 --> 00:03:16 | gap, but the trades up into that inefficiency breaks lower. Sibi says, |
33 | 00:03:16 --> 00:03:20 | bear value gap, then we break again. Have a volume and balance in here, the |
34 | 00:03:20 --> 00:03:26 | separation two bodies, candle or dyslexic today, Michael, the two candles |
35 | 00:03:26 --> 00:03:33 | bodies, okay, and it trades right back up to the 98.012 which is that level |
36 | 00:03:33 --> 00:03:37 | right here. That's the upper quadrant of this premium wick. Again. The reason why |
37 | 00:03:37 --> 00:03:42 | I'm using that one because the tallest one of all these, and hits it perfectly |
38 | 00:03:42 --> 00:03:47 | there, after completing the return into that volume and balance here. Then it |
39 | 00:03:47 --> 00:03:53 | gave up the ghost, broke lower aggressively, and then worked this |
40 | 00:03:54 --> 00:03:58 | discount wick. Now you do this on your own chart, okay, put the upper quadrant |
41 | 00:03:58 --> 00:04:02 | on that level right there, and you'll see where it lays with that. And then |
42 | 00:04:02 --> 00:04:11 | breaks lower, once more, trading down into 97.786 which is the low of the |
43 | 00:04:11 --> 00:04:17 | premium wick of this candlestick right here, and hits it there. And then we go |
44 | 00:04:17 --> 00:04:23 | on London close, and there it is, but the mark just basically is |
45 | 00:04:23 --> 00:04:28 | consolidating. Now it's actually in, admittedly, it's becoming a little bit |
46 | 00:04:28 --> 00:04:33 | more tricky while we're inside of this range. And what range am I referring to? |
47 | 00:04:33 --> 00:04:39 | This high and this low? We're we're like, basically in no man's land. So now |
48 | 00:04:39 --> 00:04:44 | it becomes a 5050, higher or lower. So you have to be very, very careful when |
49 | 00:04:44 --> 00:04:47 | you're trading Forex now, because we're right back in the middle of the range, |
50 | 00:04:47 --> 00:04:51 | and it could literally go either direction. That's not what you want to |
51 | 00:04:51 --> 00:04:54 | hear. But I'm going to tell you when it's like that, it's hands off to sit |
52 | 00:04:54 --> 00:05:01 | still. All right, moving on. This is your dollar or five. Or daily chart on |
53 | 00:05:01 --> 00:05:06 | left hand side, and the five minute chart of Euro, dollar or fiber on the |
54 | 00:05:06 --> 00:05:11 | right hand side. So you can see we had our old bison and Alcee sign efficiency, |
55 | 00:05:11 --> 00:05:17 | and I did not have this shaded on Thursday's review correctly. I told you |
56 | 00:05:17 --> 00:05:22 | I didn't want to do it because I wanted to keep it that green color I had today. |
57 | 00:05:23 --> 00:05:27 | I put it in there to show you an inversion, which acted as here, but it's |
58 | 00:05:27 --> 00:05:31 | drawing back up into it today, and that's this shaded area up here. Now |
59 | 00:05:31 --> 00:05:36 | these white lines, all this is is me grading this candlesticks high to that |
60 | 00:05:36 --> 00:05:41 | candlesticks low, and I'm only showing the lower quadrant and the upper |
61 | 00:05:41 --> 00:05:45 | quadrant. I'm not showing the high or the low of it or the consequence me, |
62 | 00:05:45 --> 00:05:50 | because this dashed line, it's used to show the midpoint of any rectangle on |
63 | 00:05:50 --> 00:05:54 | trading view. It's accomplishing that method. So I don't need to show that. |
64 | 00:05:54 --> 00:05:58 | And I'm only showing these levels on the five minute chart. It's not showing up |
65 | 00:05:58 --> 00:06:02 | over here. Okay, so you can see that this darker go here is this rectangle on |
66 | 00:06:02 --> 00:06:07 | the five minute chart for dollar. All right, so we can see we had sell side |
67 | 00:06:07 --> 00:06:13 | liquidity in the Asian session last night, and then we rallied up a little |
68 | 00:06:13 --> 00:06:18 | bit, created relative equal highs for London. Open kill zone. It trades down, |
69 | 00:06:18 --> 00:06:21 | attacking the sell side here and inside of the buy side balance, cell sign in |
70 | 00:06:21 --> 00:06:25 | efficiency, bullish, fair value gap trade down the lower quadrant. Overshoot |
71 | 00:06:25 --> 00:06:29 | it just by a little bit. The body's staying in the upper half that's bullish |
72 | 00:06:29 --> 00:06:34 | comes right back up into this cell sign and balance by signing efficiency breaks |
73 | 00:06:34 --> 00:06:39 | lower, small, little gap in here. See it trading right there? You want to add |
74 | 00:06:39 --> 00:06:44 | these on your chart. And then we break lower once more, and the body's just dip |
75 | 00:06:44 --> 00:06:48 | below. Consequent encouragement of the plastic sign efficiency fair value gap |
76 | 00:06:48 --> 00:06:52 | there, and we rally up. Now look at this ready hit the upper quadrant of this |
77 | 00:06:52 --> 00:06:57 | inefficiency. So what I'm doing is I'm taking the FIB and attaching it to the |
78 | 00:06:57 --> 00:07:04 | low of the fair value gap, which is that candle is high to that candle is low and |
79 | 00:07:04 --> 00:07:09 | the upper quadrant, lower quadrant levels are shown respectively here, and |
80 | 00:07:09 --> 00:07:15 | the upper quadrant hits it dead bang on, perfect Nick. Extrapolation to the |
81 | 00:07:15 --> 00:07:18 | upside, we have a bison and balance outside efficiency after a shift in |
82 | 00:07:18 --> 00:07:25 | market structure here, and it's a breaker, low, high, lower, low. See how |
83 | 00:07:25 --> 00:07:29 | I'm giving you lots of room for you to add to your chart. Not everything's |
84 | 00:07:29 --> 00:07:32 | going to be done for you now, but bullish breaker hits it right there, |
85 | 00:07:32 --> 00:07:38 | hammers it nice, rallies up. Another inefficiency here, left open, but it |
86 | 00:07:38 --> 00:07:42 | takes the buy side here, right there, comes back down, hits the old liquidity |
87 | 00:07:42 --> 00:07:51 | pool there, rallies up, trades into this old by sign about cell sign efficiency. |
88 | 00:07:51 --> 00:07:55 | That's now where we're low. So it's inversion fair value gap, and we drop |
89 | 00:07:55 --> 00:08:00 | down. Hit order block here, pull shoulder block rallies up, falls just a |
90 | 00:08:00 --> 00:08:10 | little bit short of the upper quadrant at 1.17550 and then it breaks lower. |
91 | 00:08:10 --> 00:08:15 | Notice the bodies are staying in the lower half of this old daily for Vega. |
92 | 00:08:15 --> 00:08:19 | Then it gives up the ghost, breaks lower, comes right back up into an old |
93 | 00:08:19 --> 00:08:24 | inefficiency here. So when this rally up and broke lower and rally through it |
94 | 00:08:24 --> 00:08:32 | again, this right here, just like when you're looking for breakers, and that's |
95 | 00:08:32 --> 00:08:36 | this was a breaker. So we have a high, low, higher, high, when that low is |
96 | 00:08:36 --> 00:08:40 | taken out, it becomes a bearish breaker. And you see it traded to here, right |
97 | 00:08:40 --> 00:08:45 | there. So that's bearish breaker. Well, when you see highs forming like this, |
98 | 00:08:45 --> 00:08:48 | when they're reaching up, you want to look for the buy side of balance, |
99 | 00:08:48 --> 00:08:51 | outside efficiency there, because they will act as inversion fair value gap. |
100 | 00:08:51 --> 00:08:55 | About 80% of the time you're going to see inversion fair value gaps form like |
101 | 00:08:55 --> 00:09:00 | that. So if you're a reversal pattern trader, Turtle Soup trader, but don't |
102 | 00:09:00 --> 00:09:04 | have the nerve to try to sell above old highs. Just wait for it to get into an |
103 | 00:09:04 --> 00:09:09 | inversion fair value gap over here on as the in the rallies up into it, look for |
104 | 00:09:09 --> 00:09:16 | those last one or two foolish fair value gaps when the markets making these |
105 | 00:09:16 --> 00:09:19 | highs, wait for the break through it and then come right back up into it and then |
106 | 00:09:19 --> 00:09:25 | can sell short there. You don't need to have a huge stop up here. You use a stop |
107 | 00:09:25 --> 00:09:28 | loss right there. And that still might be too much for some of you, because you |
108 | 00:09:29 --> 00:09:32 | want to do 20 contracts, 30 contracts of your funded accounts and just over |
109 | 00:09:32 --> 00:09:35 | letters. That's not how you should trade, though. But anyway, just thought |
110 | 00:09:35 --> 00:09:39 | that's in there, toss it in there for an extra charge, but it breaks lower again, |
111 | 00:09:39 --> 00:09:46 | and we come back up into your immediate rebalance, breaks lower once more, |
112 | 00:09:47 --> 00:09:51 | consolidates around the old pool liquidity, and then goes into rather |
113 | 00:09:51 --> 00:09:56 | sloppy price action, back into this old by sign of balance, sell sign |
114 | 00:09:56 --> 00:10:02 | efficiency. So we have liquidity in here. This has been made jagged there. |
115 | 00:10:02 --> 00:10:06 | So where is it smooth, right below here. So just be mindful that that and over |
116 | 00:10:06 --> 00:10:14 | here, this while, right POUND DOLLAR, we have a daily city here. We traded up |
117 | 00:10:14 --> 00:10:20 | into that, and we broke lower last week, you saw that, and we traded down into |
118 | 00:10:21 --> 00:10:28 | liquidity here and the low here, at the lower quadrant of the inefficiency, |
119 | 00:10:28 --> 00:10:29 | which |
120 | 00:10:30 --> 00:10:36 | I don't know. Why I don't have it anchored properly. I don't know, I don't |
121 | 00:10:36 --> 00:10:41 | know where this is anchored at. Now I'm thinking about, I think I may have cut |
122 | 00:10:41 --> 00:10:44 | it off. I think it's what's happened here. It should be something over here, |
123 | 00:10:44 --> 00:10:48 | but if you look at your chart, you'll find out exactly what it is. Main thing |
124 | 00:10:48 --> 00:10:52 | is where we're at right now. We had a city here between these two |
125 | 00:10:52 --> 00:10:57 | candlesticks, the high and the low, and that gap we trade up into that. It's not |
126 | 00:10:57 --> 00:11:01 | annotated on my chart here, but you want to be mindful of that. And these levels |
127 | 00:11:01 --> 00:11:07 | here are the discount gradient levels on this wick on the daily chart. So these |
128 | 00:11:07 --> 00:11:11 | very, very prompt dark lines, that's what that is, and the smaller, thinner |
129 | 00:11:11 --> 00:11:16 | lines, that's these up here. These are representing this candlesticks discount |
130 | 00:11:16 --> 00:11:22 | wick. These darker, thicker lines represent this area in here for this |
131 | 00:11:22 --> 00:11:27 | discount wick. So this, this discount wick. And this discount wick is where |
132 | 00:11:27 --> 00:11:32 | you're seeing these two sets of gradient levels. The upper one is this one you |
133 | 00:11:32 --> 00:11:38 | can you can verify by the price legends here, where it shows you the label of |
134 | 00:11:38 --> 00:11:42 | what each one of those lines represents for price, all right. So had south side |
135 | 00:11:42 --> 00:11:48 | of the coating pool here in the London session to London and kill zone. We |
136 | 00:11:48 --> 00:11:53 | rallied up, broke lower South Side amounts by sign efficiency plus a |
137 | 00:11:53 --> 00:11:59 | breaker. So we hit that here, the bearish fear value gap and consequent |
138 | 00:11:59 --> 00:12:03 | encroachment. It wicks through, just almost filling us in, leaves a small |
139 | 00:12:03 --> 00:12:08 | portion open, breaks lower, takes a sell side there, hits the consequent |
140 | 00:12:08 --> 00:12:14 | encroachment of this discount wick right here. That level comes in at 1.34248 |
141 | 00:12:18 --> 00:12:25 | 1.34248 hits it there perfectly dead. Bang on. Rallies. Fear value. Got there, |
142 | 00:12:25 --> 00:12:30 | crazy down into that. Then rips higher, takes the buy side here, retraces once |
143 | 00:12:30 --> 00:12:33 | more into this bicycle balance outside efficiency. Look at the body's |
144 | 00:12:33 --> 00:12:41 | candlesticks. Second time I think I'm getting I'm getting old. Aina, dyslexia, |
145 | 00:12:41 --> 00:12:44 | two times. I'm not editing it out. I don't care. I don't care what you hear. |
146 | 00:12:44 --> 00:12:49 | I don't care what you say about I want to hear about the bodies of these |
147 | 00:12:49 --> 00:12:54 | candlesticks. They are staying in the upper half of that that is that the |
148 | 00:12:54 --> 00:12:57 | wicks are allowed to do the damage, but it leaves a small portion open, and it |
149 | 00:12:57 --> 00:13:03 | rallies up, rips through the buy side here, and here, and takes us into this |
150 | 00:13:03 --> 00:13:09 | discount where you had this discount WIC gradient levels, and you can see that |
151 | 00:13:09 --> 00:13:16 | the low comes in at 1.34534 that's this. And we just fall short down in New York |
152 | 00:13:16 --> 00:13:21 | open kill zone, getting up into that lower quadrant of this discount wick. We |
153 | 00:13:21 --> 00:13:27 | break lower, probably back up into a bearish, fair value gap, and last off |
154 | 00:13:27 --> 00:13:31 | closed candle before trading lower. That's the change in the state of |
155 | 00:13:31 --> 00:13:34 | delivery that opening price. That's what that is. That's not a demand zone. It's |
156 | 00:13:34 --> 00:13:40 | not somebody zone. That's not an fu candle, that's not a engulfing candle. |
157 | 00:13:40 --> 00:13:43 | That's not what all everybody else wants to call it. Okay? It's just simply |
158 | 00:13:43 --> 00:13:46 | changing the state of delivery. Where the I'll go goes right back to that, |
159 | 00:13:46 --> 00:13:52 | hammers it one more time. It's not mitigating, it's not mitigating the |
160 | 00:13:52 --> 00:13:56 | order block, okay? Like, like, some of these guys up there say it's just, they |
161 | 00:13:56 --> 00:14:00 | got some of the buzz words, but they don't have it correct at all. Okay, it |
162 | 00:14:00 --> 00:14:07 | sounds like temu ICT, but rallies up, closes in the fair value gap hits the |
163 | 00:14:07 --> 00:14:11 | close of that, I'm sorry, opening that can the closing in the inefficiency and |
164 | 00:14:11 --> 00:14:15 | trading right back to the change in state delivery. So what that means is |
165 | 00:14:15 --> 00:14:18 | price was spooling higher, and then once it rotates and trades the other |
166 | 00:14:18 --> 00:14:23 | direction. You want to see where that last reference point was at that |
167 | 00:14:23 --> 00:14:29 | interval, which is in here, it's five minute time frame that opening price. |
168 | 00:14:29 --> 00:14:33 | Carry it forward, and you see it hit it right there, bang. And now every high |
169 | 00:14:33 --> 00:14:39 | frequency trading algorithm, it starts firing, looking for shorts, okay, and |
170 | 00:14:39 --> 00:14:43 | they want to get in there is as much as they can inside this inefficiency, and |
171 | 00:14:43 --> 00:14:51 | it breaks lower, rips into this inefficiency here, digs through it, sell |
172 | 00:14:51 --> 00:14:55 | side below that low ramps through that small, little fair value, trades up, |
173 | 00:14:55 --> 00:15:02 | fails to get to consequent encroachment takes us down into 1.0 4166, that's the |
174 | 00:15:02 --> 00:15:07 | low of that candlesticks, discount click, or the low that very day itself |
175 | 00:15:07 --> 00:15:10 | hits it during London close and then back into consolidation for the |
176 | 00:15:11 --> 00:15:19 | remainder of the day. All right, we're going to look at this portion. It's the |
177 | 00:15:19 --> 00:15:24 | focus on index futures, where I'm primarily focusing on Christmas |
178 | 00:15:25 --> 00:15:32 | December, mini n q futures or E Mini futures, December contract, all right, |
179 | 00:15:32 --> 00:15:37 | left hand side, daily chart, right hand side. One minute chart, okay, one minute |
180 | 00:15:37 --> 00:15:40 | showing on regular trading hours. That way it shows you the regular trading |
181 | 00:15:40 --> 00:15:45 | hours. Difference between where we close that on Friday and where we open up on |
182 | 00:15:45 --> 00:15:50 | regular trading hours at 930 eastern time today, Monday, September 29 2025 |
183 | 00:15:51 --> 00:15:57 | over here last week, as I mentioned on Twitter, or x, as they call it now, I |
184 | 00:15:57 --> 00:16:01 | said that this candlestick right here, it's discount. WIC, you want to grade |
185 | 00:16:01 --> 00:16:07 | that. And also note that the fair value gap that's formed right here, go back |
186 | 00:16:07 --> 00:16:12 | and look at my ex posts. Okay, I'm not going to hand held hand hold it for you |
187 | 00:16:12 --> 00:16:15 | and do all the work for you. Okay, if you're going to do the trouble of |
188 | 00:16:15 --> 00:16:19 | following me or watching some of my posts, go and look at it, what did I say |
189 | 00:16:19 --> 00:16:23 | on that? On that day? You know, on Thursday, look at this, okay. And the |
190 | 00:16:24 --> 00:16:28 | market trades down into the upper quadrant inside of that fair value gap, |
191 | 00:16:28 --> 00:16:32 | and it leaves a small portion between that low and that candlesticks high. It |
192 | 00:16:32 --> 00:16:37 | leaves it open, and then little Harry Potter meme post at the same time as it |
193 | 00:16:37 --> 00:16:42 | hit, it hit, what that upper quadrant level inside that. Everybody got the |
194 | 00:16:42 --> 00:16:50 | Harry Potter wands pointing up, up. It's gonna go up and look at that. Oh my |
195 | 00:16:50 --> 00:16:55 | goodness, I got lucky there. Didn't I got really lucky there. It's a must have |
196 | 00:16:55 --> 00:16:59 | been coincidence. But then we have this wick again, split that in half. That's |
197 | 00:16:59 --> 00:17:03 | consequent encouragement. You can see that that's what happens right here. |
198 | 00:17:03 --> 00:17:14 | Okay, so on Friday, we traded down into that beautifully at 24.529 24 529, even |
199 | 00:17:14 --> 00:17:19 | hits it there handsomely, and it rips back up bullish. But it's an Inside Day. |
200 | 00:17:19 --> 00:17:25 | So here's Thursday's high, Thursday's low, Friday's high, Friday's low. So |
201 | 00:17:25 --> 00:17:29 | it's inside of the previous day's range. So usually, when you see that, if you |
202 | 00:17:29 --> 00:17:35 | have a directional bias, that's I was hinting at, it's usually indicative of |
203 | 00:17:35 --> 00:17:38 | continuation. Could potentially be explosive to the outside, in this case, |
204 | 00:17:38 --> 00:17:44 | and we had that here, we opened relative to where we closed that here in revenue |
205 | 00:17:44 --> 00:17:49 | trading hours. It's a huge gap, but where we opened up at six o'clock on |
206 | 00:17:49 --> 00:17:53 | Sunday's trading, it wasn't all that terrible in terms of a separation. It |
207 | 00:17:53 --> 00:18:01 | looks a lot more here because it had moved up from the New START of trading |
208 | 00:18:01 --> 00:18:05 | on Sunday, all through Asia and then all through London and whatnot, to get to |
209 | 00:18:05 --> 00:18:11 | the regular trading hours of 930 eastern time this morning. So with all this |
210 | 00:18:11 --> 00:18:14 | stuff here, I'm going to zoom in and take us right into this portion and into |
211 | 00:18:14 --> 00:18:19 | the right Okay, so that's what we have here. We have that regular trading hours |
212 | 00:18:20 --> 00:18:24 | opening range gap. Okay, you can see that little box here. It's indicating |
213 | 00:18:24 --> 00:18:31 | opening range gap. So where we stop trading on Friday, ready to trading |
214 | 00:18:31 --> 00:18:36 | hours, to where we opened today, 930 Eastern time. Ready to trading hours, |
215 | 00:18:37 --> 00:18:41 | regular trading hours. Right hand side, see that. So it starts to rally right |
216 | 00:18:41 --> 00:18:45 | away. We create, first, present the fair value gap right here, then we have |
217 | 00:18:45 --> 00:18:50 | another fair value gap there, and we reach up in here, do a lot of business |
218 | 00:18:50 --> 00:18:55 | in here, we break down potential shift in market structure below that low. So |
219 | 00:18:55 --> 00:18:59 | that means this might become a inversion fair value gap. It does, but it spends a |
220 | 00:18:59 --> 00:19:03 | lot of time in here. Okay? It's a lot of time distortion, and wants to lower |
221 | 00:19:03 --> 00:19:08 | people and going along looking for this high to be traded back to. And it is |
222 | 00:19:08 --> 00:19:14 | folded over and break it lower. Bearish, reclaimed, fair value gap trades up to |
223 | 00:19:14 --> 00:19:18 | it there breaks lower. And this spot center, balance, cell, sign, efficiency, |
224 | 00:19:18 --> 00:19:23 | it's traded down through it. So we open trade rate back up into just sort of |
225 | 00:19:23 --> 00:19:27 | consequent encroachment. You want to see it fail to touch that. If it's bearish, |
226 | 00:19:27 --> 00:19:31 | it rips lower trades into the first presented fair value gap. What was the |
227 | 00:19:31 --> 00:19:34 | first presented fair value gap? It was a buy side and balance sell side |
228 | 00:19:34 --> 00:19:38 | efficiency or an up close candle. So if we trade down through it, it's going to |
229 | 00:19:38 --> 00:19:46 | become, what a premium array in the form of a bearish inversion fair value gap, |
230 | 00:19:46 --> 00:19:50 | so it trades up into that here, hits it beautifully, breaks lower and then takes |
231 | 00:19:50 --> 00:19:54 | the sell side below the lows at register trading hours print. That means that's |
232 | 00:19:54 --> 00:20:00 | the low that was given during the entirety of registration hour. Session |
233 | 00:20:00 --> 00:20:05 | so far for the day, and it drew down into that liquidity hits. It |
234 | 00:20:05 --> 00:20:08 | consolidates around it, and then starts using the opening range high, which is |
235 | 00:20:08 --> 00:20:13 | the actual opening price here. It breaks lower, creates relative equal lows, |
236 | 00:20:14 --> 00:20:18 | relative equal highs. This bangs around a little bit here, and then rips lower |
237 | 00:20:18 --> 00:20:21 | through the upper quadrant, falls short of the that's quite |
238 | 00:20:28 --> 00:20:36 | encroachment of the opening range. That's, that's what the don't have that |
239 | 00:20:36 --> 00:20:42 | on here. I'm getting disoriented here looking at this. It's 24,008, 16, and |
240 | 00:20:42 --> 00:20:48 | that's this premium wick, okay, premium wick gradient levels. So I don't have |
241 | 00:20:48 --> 00:20:53 | that, that opening range gap created. It's this here. Got confused by looking |
242 | 00:20:53 --> 00:21:01 | at it, but it trades down to that upper quadrant level right there, or fall |
243 | 00:21:01 --> 00:21:05 | short of that one rather, and it goes to the high of that candlestick at 24,008, |
244 | 00:21:05 --> 00:21:11 | 16, right there, and then consolidates into where we're at at the time of this |
245 | 00:21:11 --> 00:21:16 | recording. Screenshot was taken at two o'clock. Just be mindful that this is a |
246 | 00:21:16 --> 00:21:22 | little too smooth in here. This is a little too smooth if it starts to rotate |
247 | 00:21:22 --> 00:21:26 | lower, you know, that's fine. You will deal with that tomorrow's trading. But |
248 | 00:21:26 --> 00:21:31 | for right now, this seems like if there's a lot of people that want to be |
249 | 00:21:31 --> 00:21:35 | short because they want to try to short all time highs, and if they are up here, |
250 | 00:21:35 --> 00:21:40 | they're really ramping down, putting stop losses here. So it's not hard for |
251 | 00:21:40 --> 00:21:47 | it to get up and hit that, but long and short, you know, try to avoid going |
252 | 00:21:47 --> 00:21:50 | short. Okay, just try to do your best not to do that. If you don't have any |
253 | 00:21:50 --> 00:21:54 | experience or haven't been doing this for a very long time, just try to avoid |
254 | 00:21:54 --> 00:21:57 | being short in these types of markets, because it can hurt you when you're |
255 | 00:21:57 --> 00:22:01 | trading all time highs, and they could just in one day, just take off and keep |
256 | 00:22:01 --> 00:22:05 | going, keep going, keep going. And every time you try to short it, you'll just |
257 | 00:22:05 --> 00:22:09 | care it'll tear you up. What does it reach for? Maybe we're in electronic |
258 | 00:22:09 --> 00:22:15 | trading hours. Notice that lowering small, little city up here, okay, above |
259 | 00:22:15 --> 00:22:21 | this old high, this old order flow in here, it draws up into the inefficiency |
260 | 00:22:21 --> 00:22:25 | rate before it right there. And that's what it gave up the coast today, and |
261 | 00:22:25 --> 00:22:35 | went back down into this premium WIC high at 24 816 that's 2424 816 there. So |
262 | 00:22:35 --> 00:22:40 | a little bit of a tricky day. Admittedly, I worked with Caleb today, |
263 | 00:22:41 --> 00:22:45 | and he did some some trades around the first present the fair value gap, and |
264 | 00:22:45 --> 00:22:51 | we'll just leave it at that, but that's going to be it for today. And Lord |
265 | 00:22:51 --> 00:22:57 | willing, I'll be back tomorrow with another review and point out some things |
266 | 00:22:57 --> 00:23:02 | that you should be pertinent on, or should be pertinent on your travels and |
267 | 00:23:02 --> 00:23:04 | discovery and Smart Money concepts, all right, |
268 | 00:23:12 --> 00:23:16 | folks, thanks for your continued interest, and I'll talk to you next |
269 | 00:23:16 --> 00:23:18 | time. Wish good luck and good trading. |