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Last modified by Drunk Monkey on 2025-10-06 11:11
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2 |1 |00:00:20 ~-~-> 00:00:24 |ICT: Afternoon, folks. Just a quick little review on doing it this way to
3 |2 |00:00:24 ~-~-> 00:00:30 |save myself some time. So it is what it is. All right. So this morning, I live
4 |3 |00:00:30 ~-~-> 00:00:35 |streamed and outlined a lot of things. You can go watch the live stream. I
5 |4 |00:00:35 ~-~-> 00:00:42 |added it to the 2025 mentorship playlist as this will be a part of that playlist
6 |5 |00:00:42 ~-~-> 00:00:48 |as well. So I covered the Monday, Tuesday, regular trading hours, opening
7 |6 |00:00:48 ~-~-> 00:00:55 |range gap and see how we use that later in the day. Rallied. So I'm going to
8 |7 |00:00:55 ~-~-> 00:01:02 |strip these things off as I mentioned them is to clean up the chart and this
9 |8 |00:01:02 ~-~-> 00:01:16 |premium wick, these gradient levels here, 24, 811, and a quarter. It's right
10 |9 |00:01:16 ~-~-> 00:01:22 |behind this line here. Okay, so that's the close of that candlestick right
11 |10 |00:01:22 ~-~-> 00:01:34 |there. And then lower quadrant comes in at 24,008 52 and a quarter up here. Then
12 |11 |00:01:34 ~-~-> 00:01:39 |24 893, and a half consequent encroachment of this wick that's this
13 |12 |00:01:39 ~-~-> 00:01:51 |level up here. Let me see how we worked around that level. Sent it up into
14 |13 |00:01:51 ~-~-> 00:01:59 |24,009 34 and a half. That's the upper quadrant level, and the high comes in at
15 |14 |00:01:59 ~-~-> 00:02:09 |24,009 75 and a half. You can see that delivered here in the afternoon. So I'm
16 |15 |00:02:09 ~-~-> 00:02:15 |going to take these levels here, and I'm going to, just for completeness sake,
17 |16 |00:02:15 ~-~-> 00:02:15 |I'll show you this.
18 |17 |00:02:27 ~-~-> 00:02:40 |913, and three quarters. It's respecting it there, 24, 895, and even the body's
19 |18 |00:02:40 ~-~-> 00:02:47 |respecting that there. So you get more bang for your buck by having it on the
20 |19 |00:02:47 ~-~-> 00:02:54 |larger as I gave you for the rules. Okay? So I'll take that off now, and I
21 |20 |00:02:54 ~-~-> 00:03:04 |showed you the opening range gap for today. That's all this business in here
22 |21 |00:03:11 ~-~-> 00:03:17 |and back in here. The details for the low I gave you outlined it all live,
23 |22 |00:03:20 ~-~-> 00:03:26 |engineered, sell side liquidity. Here it drew up into the levels I mentioned that
24 |23 |00:03:26 ~-~-> 00:03:37 |it would like to do. And we'll take the new day opening gap off, and the Friday
25 |24 |00:03:37 ~-~-> 00:03:45 |to Monday regular trading hours, opening range gap, we'll take that off. And at
26 |25 |00:03:46 ~-~-> 00:03:52 |quadrant levels, don't need that anymore. And once we ran the sell side
27 |26 |00:03:52 ~-~-> 00:03:57 |here, the liquidity was the old buy side. And
28 |27 |00:04:05 ~-~-> 00:04:20 |mentioned at the beginning of stream. I like those smooth eyes right in here. We
29 |28 |00:04:20 ~-~-> 00:04:26 |have a inversion fair value gap, and this consequent encroachment of this
30 |29 |00:04:26 ~-~-> 00:04:30 |wick, right here, price comes down hits that so it's allowed to go outside of
31 |30 |00:04:30 ~-~-> 00:04:33 |the range. Is the inversion fair value gap. The wicks are allowed to do the
32 |31 |00:04:33 ~-~-> 00:04:37 |damage. How far can they go? Michael, consequent encroachment of the longest
33 |32 |00:04:37 ~-~-> 00:04:41 |wick. Don't use this one. Don't use that one. This is the longest one. So
34 |33 |00:04:41 ~-~-> 00:04:46 |consequen encouragement is right there, rallies up. We have another inversion.
35 |34 |00:04:46 ~-~-> 00:04:52 |Fair value gap there. Beautiful delivery to the tick there, and rallies up. Now
36 |35 |00:04:52 ~-~-> 00:04:55 |this blue line is that old, relative equal high I told you to begin the
37 |36 |00:04:55 ~-~-> 00:05:07 |stream and the. Said, the quadrants for the rare trading hours, opening range
38 |37 |00:05:07 ~-~-> 00:05:17 |gap for today, we have the low lower quadrant, consequent encroachment upper
39 |38 |00:05:17 ~-~-> 00:05:19 |quadrant and high
40 |39 |00:05:27 ~-~-> 00:05:34 |when we first was into fair value. Gap is on candlestick 931, and I have the
41 |40 |00:05:34 ~-~-> 00:05:45 |gradient levels on that too. We'll just use the actually. Let's do it all right.
42 |41 |00:05:45 ~-~-> 00:05:49 |So we have the biosite valve cell sound efficiency first presented, fair value
43 |42 |00:05:51 ~-~-> 00:05:58 |gap, lower quadrant, consequent encroachment, inversion, fair value gap,
44 |43 |00:05:58 ~-~-> 00:06:02 |and that comes right in with the inversion fair value gap in upper
45 |44 |00:06:02 ~-~-> 00:06:06 |quadrant of the first presented fair value gap. So you see how there's a
46 |45 |00:06:07 ~-~-> 00:06:13 |confluence of several layers of things supporting price for a discount. So
47 |46 |00:06:13 ~-~-> 00:06:18 |discount sensitivity. This is, these are the things I have on my piece of paper.
48 |47 |00:06:18 ~-~-> 00:06:23 |Okay, and as new PD arrays form, like this one here and this one here. And
49 |48 |00:06:23 ~-~-> 00:06:28 |when the first percent of everybody got forms, if it's a large enough one, and
50 |49 |00:06:28 ~-~-> 00:06:33 |it affords me to put the fib on to get the gradient levels on it, I'll get
51 |50 |00:06:33 ~-~-> 00:06:41 |those and I'll write that down. Okay, so my little piece of paper pad, it's these
52 |51 |00:06:41 ~-~-> 00:06:46 |things I'm writing on okay, I start the day off with what I showed you this
53 |52 |00:06:46 ~-~-> 00:06:51 |morning. Now not just that, but that's what I'm doing. I'm looking at previous
54 |53 |00:06:51 ~-~-> 00:06:55 |opening range gaps in the last three days. I'm looking for inefficiencies.
55 |54 |00:06:55 ~-~-> 00:07:01 |I'm looking for daily Wix premium and discount in how the market would use
56 |55 |00:07:01 ~-~-> 00:07:09 |that information. And I want to go back and show you something here. All right,
57 |56 |00:07:09 ~-~-> 00:07:14 |so this London low, right here, why did, why did price tank? Right there any, any
58 |57 |00:07:14 ~-~-> 00:07:20 |idea where you think that would have pulled down into that here, that level.
59 |58 |00:07:21 ~-~-> 00:07:27 |Now, classic Support Resistance guys, they like to look at things like this.
60 |59 |00:07:27 ~-~-> 00:07:35 |They'll say, oh, clearly ICT is behind the times, and he doesn't know about
61 |60 |00:07:35 ~-~-> 00:07:40 |support resistance. So this old high here, okay, it broke through that so
62 |61 |00:07:40 ~-~-> 00:07:43 |naturally they would expect it to be support here. But you can see how well
63 |62 |00:07:43 ~-~-> 00:07:46 |that worked. It just ripped right through it, and then the market rallies
64 |63 |00:07:46 ~-~-> 00:07:53 |up. I'm sorry, opens here, rallies down, back down into that level. But look, it
65 |64 |00:07:53 ~-~-> 00:07:56 |goes a little bit past that. See, that's, see, that's the thing that
66 |65 |00:07:56 ~-~-> 00:08:00 |plagued me on the time as a young man. I didn't like that. Okay, I wanted to be a
67 |66 |00:08:00 ~-~-> 00:08:04 |little bit more precise, because if it was, in fact, the theory behind why
68 |67 |00:08:04 ~-~-> 00:08:07 |price should move up and down, then it should be a lot more sensitive than
69 |68 |00:08:07 ~-~-> 00:08:12 |this. This looks erratic to me, and it looked very erratic to an obsessive,
70 |69 |00:08:12 ~-~-> 00:08:18 |compulsive and younger man that I was back in my 20s. So now let's go in and
71 |70 |00:08:18 ~-~-> 00:08:26 |look at the smart money concept of my fair value gap. So if we look at this
72 |71 |00:08:26 ~-~-> 00:08:33 |candlestick right here, okay, this candlestick on September 19, the opening
73 |72 |00:08:33 ~-~-> 00:08:36 |price you're going to look right up here. Okay, upper left hand corner,
74 |73 |00:08:40 ~-~-> 00:08:52 |24,717 point. Seven five. Okay, so just remember the last two digits, 17.75 is
75 |74 |00:08:52 ~-~-> 00:08:58 |it higher or lower if I go to the previous candles close, so 17.75 and the
76 |75 |00:08:58 ~-~-> 00:08:59 |close of that previous candle is
77 |76 |00:09:06 ~-~-> 00:09:09 |I can't remember if I said open or closed. It's this candle that's open
78 |77 |00:09:09 ~-~-> 00:09:18 |rather 24,717.75, and then the close of this one, and it's 17. I'm sorry, seven,
79 |78 |00:09:18 ~-~-> 00:09:25 |13.75 so there is a volume and balance, okay? And you might see this with
80 |79 |00:09:25 ~-~-> 00:09:28 |better, younger eyes and say, Well, that's obvious to me. It's it's very
81 |80 |00:09:28 ~-~-> 00:09:35 |hard to see that. So check my math. Sometimes here, I've been guilty of
82 |81 |00:09:37 ~-~-> 00:09:41 |putting volume and balances to the wayside, not noticing that there,
83 |82 |00:09:41 ~-~-> 00:09:45 |because I'm trying to go through the material quick and get through it. So
84 |83 |00:09:45 ~-~-> 00:09:49 |here's the bullish fair value gap. Okay, buy side of L, sell side efficiency. And
85 |84 |00:09:49 ~-~-> 00:09:54 |here's the consequent encroachment at that level. Okay, so if we roll that
86 |85 |00:09:54 ~-~-> 00:10:02 |forward into today, that low right here. Player is that low, right there? And
87 |86 |00:10:02 ~-~-> 00:10:09 |that is what I found, is a better form of what would be considered, quote,
88 |87 |00:10:09 ~-~-> 00:10:14 |unquote, support or resistance, not viewed in the same light that a retail
89 |88 |00:10:14 ~-~-> 00:10:20 |trader would expect it. They would not consider that. But because smart, my
90 |89 |00:10:20 ~-~-> 00:10:26 |concepts are better than that archaic nonsense of retail Support Resistance.
91 |90 |00:10:27 ~-~-> 00:10:33 |You would expect that so it dives down into algorithmically, right into the
92 |91 |00:10:33 ~-~-> 00:10:37 |middle of this fair value gap. Again, we're not support Yeah, we're not
93 |92 |00:10:37 ~-~-> 00:10:42 |supporting resistance, and we're not supplying demand. We cut through all of
94 |93 |00:10:42 ~-~-> 00:10:46 |these candlesticks and go right back to that level right there, of the fair
95 |94 |00:10:46 ~-~-> 00:10:50 |value guy, and the consequent encroachment of that level takes us
96 |95 |00:10:50 ~-~-> 00:10:53 |right to that level right there. So not only did I give you the New York
97 |96 |00:10:53 ~-~-> 00:10:59 |session, low, told you it's what it was. This is how you can see the London Open.
98 |97 |00:10:59 ~-~-> 00:11:03 |Low, okay, and then you roll this information into what I was doing in
99 |98 |00:11:03 ~-~-> 00:11:06 |forex, when you watch me run those accounts up into astronomical levels,
100 |99 |00:11:06 ~-~-> 00:11:12 |real quick, boom, boom, boom, and show my executions and all that just too
101 |100 |00:11:12 ~-~-> 00:11:16 |perfect. It's because I was using this stuff here. Okay, when I'm when I'm
102 |101 |00:11:16 ~-~-> 00:11:22 |using this information, and I'm dialed in, and I have no reason to be talking
103 |102 |00:11:22 ~-~-> 00:11:28 |about anything, So I'm just focusing on trading. It's just, it's it's poetic,
104 |103 |00:11:28 ~-~-> 00:11:37 |it's beautiful. It's just like, well, it's art. And when you get better at
105 |104 |00:11:37 ~-~-> 00:11:40 |this, and don't expect to learn how to do this real fast, don't expect to be
106 |105 |00:11:40 ~-~-> 00:11:45 |real quick about it. Okay, take your time. Learn to find yourself in this and
107 |106 |00:11:45 ~-~-> 00:11:49 |view it as a form of meditation. When you go through your charts and you look
108 |107 |00:11:49 ~-~-> 00:11:53 |through old PD arrays and try to see what rhyme or reason there is using the
109 |108 |00:11:53 ~-~-> 00:11:58 |language I've given you, you will get more and more insight every time you do
110 |109 |00:11:58 ~-~-> 00:12:02 |it. If you're someone that's going to be lazy. And I don't mean it derogatory. I
111 |110 |00:12:02 ~-~-> 00:12:07 |mean it in a way where, if you're going to be lazy and don't spend that much
112 |111 |00:12:07 ~-~-> 00:12:12 |time in doing it, and don't find time doing it and enjoying it, it's going to
113 |112 |00:12:12 ~-~-> 00:12:16 |be real hard for you to get better at it. It'll feel like it's just outside of
114 |113 |00:12:16 ~-~-> 00:12:19 |your reach all the time. And I don't want you to feel that way. I want you to
115 |114 |00:12:19 ~-~-> 00:12:24 |find enjoyment. Put some really nice, relaxing music on, and just simply go
116 |115 |00:12:24 ~-~-> 00:12:30 |through your charts and annotate them, really mark them up, and really cherish
117 |116 |00:12:30 ~-~-> 00:12:34 |the idea that these concepts keep repeating, and there's something that
118 |117 |00:12:34 ~-~-> 00:12:39 |you can learn, and they're very, very precise daily highs and lows. It's never
119 |118 |00:12:39 ~-~-> 00:12:44 |been a problem for me, my more mature veteran students, they're getting better
120 |119 |00:12:44 ~-~-> 00:12:48 |at it, and you'll get better at it too. You'll learn how to do it, but you only
121 |120 |00:12:48 ~-~-> 00:12:52 |need to get the meat in between. You don't need to get the lowest tick low
122 |121 |00:12:52 ~-~-> 00:12:56 |and the highest tick high. But the draw on liquidity, as I mentioned this
123 |122 |00:12:56 ~-~-> 00:13:03 |morning, it could create an all time high. It could, and it did relative
124 |123 |00:13:03 ~-~-> 00:13:13 |equal highs, your high rate there, and it ran up there and pierced it. So
125 |124 |00:13:13 ~-~-> 00:13:25 |25,027.25 got blitzed with a high today at 25,036.75 and it looks like it wants
126 |125 |00:13:25 ~-~-> 00:13:31 |to make a little bit more of a, you know, a ramrod through that way we
127 |126 |00:13:31 ~-~-> 00:13:36 |opened up here. So it's usually indicative of them wanting to maybe
128 |127 |00:13:36 ~-~-> 00:13:40 |flirt with a little bit going lower in this send a little bit higher. Again,
129 |128 |00:13:40 ~-~-> 00:13:44 |okay, I wouldn't be trying to chase it here. Just wait for regular trading
130 |129 |00:13:44 ~-~-> 00:13:48 |hours tomorrow and see how they open up if they give us a discount or premium
131 |130 |00:13:48 ~-~-> 00:13:52 |gap, and use the information like I showed you today. I had fun today. I
132 |131 |00:13:52 ~-~-> 00:13:59 |hope you enjoyed it, and until I talk to you, I guess tomorrow, Lord willing, be
133 |132 |00:13:59 ~-~-> 00:14:03 |safe. I'm not going to do anything with Forex, because basically, it was a joke.
134 |133 |00:14:03 ~-~-> 00:14:06 |It was, it was very, very ugly. Look at your charts, and you'll see and you'll
135 |134 |00:14:06 ~-~-> 00:14:12 |agree. It's just, it's just trash right now. So otherwise, have a good night,
136 |135 |00:14:12 ~-~-> 00:14:14 |good morning, and I'll see you when I see you.