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