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ICT YT - 2025-10-01 - ICT NQ Futures Tape Reader Session 10-01-2025

Last modified by Drunk Monkey on 2025-10-06 11:11
1 00:00:40 --> 00:00:48 ICT: All right, this thing is wrestling with me today. So I think I believe that
2 00:00:48 --> 00:00:57 I have everything as it should be. So you'll let me know, obviously, on X if
3 00:00:57 --> 00:01:05 the audio is good, me a five by five. It's good for the audio.
4 00:01:12 --> 00:01:17 If you can see the chart, clear this. I mean all clear.
5 00:01:35 --> 00:01:38 Thank you. Pamela, no, I need to know if you can hear Me. I
6 00:01:58 --> 00:02:02 anybody telling me they can hear me yet? That's not good. You
7 00:02:10 --> 00:02:11 can play with your toys right now. I
8 00:02:25 --> 00:02:31 Awesome. All right, so is the volume good? So I don't want to have to yield
9 00:02:31 --> 00:02:37 any complaints in the comments to me on x about how they can't hear me because
10 00:02:38 --> 00:02:42 all the settings are up. I have a professional microphone. Everything is
11 00:02:42 --> 00:02:49 as it should be, so you need to turn your device volume up. All right, so
12 00:02:53 --> 00:02:58 let's get over here to the chart real quick. All right, so first and foremost,
13 00:02:58 --> 00:03:02 obviously, you know the things I'm going to talk about today, you know the drill.
14 00:03:02 --> 00:03:06 It's not meant to get you into a trade. I'm not inspiring you to buy or sell
15 00:03:06 --> 00:03:12 today. If you are a trader that may view what I'm going to talk about today as
16 00:03:12 --> 00:03:15 distracting and you want to focus on your trades, it's better for you to come
17 00:03:15 --> 00:03:20 back to this after you've done your trading. Okay? I don't want to influence
18 00:03:20 --> 00:03:24 you. I don't want to have any kind of influence that would make you see
19 00:03:24 --> 00:03:30 something that you may be not find interesting or a setup for your
20 00:03:30 --> 00:03:34 particular model. So this is the part where you do due diligence on your own
21 00:03:34 --> 00:03:39 end and own the responsibility of your own actions. So everything I'm saying
22 00:03:39 --> 00:03:44 here is, my opinion. Nothing is meant to be investment advice, no trade advice,
23 00:03:44 --> 00:03:49 no. Here's a buy, sell signal or sell sell, nothing like that. Okay, all we're
24 00:03:49 --> 00:03:53 doing is going over number one, the first 10 minutes, is going to be this
25 00:03:54 --> 00:03:58 quick, brief little thing about how you can go right into this with a fresh
26 00:03:58 --> 00:04:02 start, not trying to have every ICT thing in the repertoire is simply going
27 00:04:02 --> 00:04:06 in and how do you take rate, how do you watch price action, looking for certain
28 00:04:06 --> 00:04:10 things. If you're brand new to what it is that I teach, this is like the crash
29 00:04:10 --> 00:04:17 course today, right to the point I will stay with you about 10 minutes after 10,
30 00:04:17 --> 00:04:21 simply because there's a news driver coming out manufacturing PMI at 10am
31 00:04:22 --> 00:04:28 Eastern Time. So I'll, I'll be a part of the observation of that with you, but at
32 00:04:28 --> 00:04:32 1010, I'll cut the stream, and then you all can go over there to x and say you
33 00:04:32 --> 00:04:43 didn't learn anything, right? So on the left hand side we have the daily chart
34 00:04:43 --> 00:04:49 of the E minus NASDAQ December contract, or as we call it in the industry,
35 00:04:49 --> 00:04:56 Christmas contract, or Christmas and queue or NASDAQ. And on the right hand
36 00:04:56 --> 00:05:01 side is a one minute chart. Now, if you notice in the. Lower right hand corner,
37 00:05:01 --> 00:05:08 I have it set to electronic trading hours. Okay? I'm going to toggle to
38 00:05:08 --> 00:05:17 regular trading hours, and I want you to take a look at here we have Tuesday
39 00:05:18 --> 00:05:30 yesterday over trading. HOURS close, in other words, where you would see the end
40 00:05:31 --> 00:05:37 of like day session hours, and then it would resume trading, still with
41 00:05:37 --> 00:05:42 electronic trading hours, but you're not seeing anything past this on this
42 00:05:42 --> 00:05:50 perspective, until at 930 wherever we open up, then there'll be a new price,
43 00:05:50 --> 00:05:56 price charter bar. Start calculating the chart right now, I have it toggle where
44 00:05:56 --> 00:06:00 it's not being shown. So now, if I do that, that's my regular trading hours,
45 00:06:01 --> 00:06:05 opening range high the way you create that. I promise you. We're only going to
46 00:06:05 --> 00:06:08 go a couple minutes like this, and then we're going to be watching price action.
47 00:06:08 --> 00:06:13 But I just want to have something out here on the channel, so that way you can
48 00:06:13 --> 00:06:18 watch the price action without me, and then come back and watch my stream later
49 00:06:18 --> 00:06:23 on as a recording and see how well you did okay, but today it's just like an
50 00:06:23 --> 00:06:27 entry level. This is how you set your chart up with next to no understanding
51 00:06:27 --> 00:06:30 about what it is I teach, or if you never went through it. This is how you
52 00:06:30 --> 00:06:34 can go and start observing, okay, and collecting the information and data.
53 00:06:34 --> 00:06:39 What you're gonna do is give you an aligned segment horizontal array, and
54 00:06:39 --> 00:06:48 you find the 4:14pm, always set your chart to New York time, and just drop
55 00:06:48 --> 00:06:53 that here for a second, right here. Scroll up where it says New York. I
56 00:06:53 --> 00:06:59 don't care where you live. Your chart has to be set to that. Everything else
57 00:06:59 --> 00:07:02 will be germane after that. But if you don't have that set correctly,
58 00:07:02 --> 00:07:06 everything that I teach or talk about, or if you're going to think of the
59 00:07:06 --> 00:07:10 market algorithmically, you're not going to be on time. Okay, so you need to have
60 00:07:10 --> 00:07:14 it set to New York. Now, with that out of the way, you would take the
61 00:07:15 --> 00:07:20 horizontal Ray and just drop it right on the close of that last candle. And you
62 00:07:20 --> 00:07:24 always want to double check, because, like me, I have 53 old eyes. It's
63 00:07:24 --> 00:07:28 feeling like they're 100 years old. Now you want to make sure you're dropping it
64 00:07:28 --> 00:07:32 right on the close Okay, and that's what I've done here. And then once you have
65 00:07:32 --> 00:07:38 that line segment on it, just do a double click on it. And then you add
66 00:07:39 --> 00:07:43 regular trading hours, RTH space opening range high. Now, the reason why I have
67 00:07:43 --> 00:07:47 that high is because pre session, in other words, before 930 we're trading.
68 00:07:48 --> 00:07:51 If you look at what we have over here on the daily chart, it's telling you where
69 00:07:51 --> 00:07:56 the market is at market right now. Trading electronic hours, so it's moving
70 00:07:56 --> 00:08:00 around right now, but notice that the regular trading hours chart is not
71 00:08:00 --> 00:08:04 moving around. Okay? It's static. It stopped right where it ended at 4:14pm,
72 00:08:05 --> 00:08:12 eastern time yesterday. They're still trading and Q, but this perspective is
73 00:08:12 --> 00:08:17 day shift, day session, hours, okay? Or what used to be open out cry pit time.
74 00:08:17 --> 00:08:22 They don't have that anymore, so it's just keeping tabs on price this
75 00:08:22 --> 00:08:26 perspective, so that way, we can see the disparity of where we open up at 930
76 00:08:27 --> 00:08:38 eastern time in about 11 and a half minutes. We're closing yesterday at 850,
77 00:08:38 --> 00:08:43 8.25 that's higher than we're trading right now. See that? See the price is at
78 00:08:43 --> 00:08:54 784, and a quarter. Eight, 450, 85 and three quarters, 86 even. 85 even. So
79 00:08:54 --> 00:09:00 it's trading around, but that price is lower than where we closed yesterday. So
80 00:09:00 --> 00:09:03 what I like to do a couple minutes before the opening session. If I'm
81 00:09:03 --> 00:09:08 teaching my son, I will do this. I will annotate the chart, register trading
82 00:09:08 --> 00:09:14 hours, opening range high. What this essentially is, is one end of the range
83 00:09:14 --> 00:09:18 of the opening range gap, assuming that we don't hurry and close the gap and
84 00:09:18 --> 00:09:26 trade back to 858 before 930 Okay, so it's calling the market to open at a
85 00:09:26 --> 00:09:31 discount. That means it's going to open less than where we closed previous
86 00:09:32 --> 00:09:35 trading day, which was Tuesday, using regular trading hours down here, right
87 00:09:35 --> 00:09:39 hand side. Now, if you're brand new, it's probably very, very confusing, but
88 00:09:39 --> 00:09:42 I promise you, it's not that complicated. It's very simple. But if
89 00:09:42 --> 00:09:48 you don't have your charts showing you the disparity between where we closed
90 00:09:48 --> 00:09:51 the regular trading hours the previous trading day versus where we start
91 00:09:51 --> 00:09:56 trading at 930 on the new trading day, at 930 Eastern Time, that starts the
92 00:09:56 --> 00:10:03 regular trading hours all over again, and then it stops. Ops at 415 so the
93 00:10:03 --> 00:10:07 last print will show on a one minute chart as 414 see at the bottom of the
94 00:10:07 --> 00:10:11 chart right here. Look down here, however, over top of that, it's 4:14pm
95 00:10:12 --> 00:10:17 It's always Eastern Time, or New York local time. So when you set your your
96 00:10:17 --> 00:10:20 line up the way you want it, you just drop it right on the close right here,
97 00:10:20 --> 00:10:25 and then it'll show up over here as a horizontal Ray. I'll show you what I
98 00:10:25 --> 00:10:30 mean by that. See how this one other horizontal Ray, hover over top of that
99 00:10:30 --> 00:10:34 right, click on it, and then rename it, and it helps you keep your chart
100 00:10:34 --> 00:10:37 organized. So that way, you can do a whole week's worth of annotations, and
101 00:10:37 --> 00:10:41 if you don't want something on your chart at the time, you can just go over
102 00:10:41 --> 00:10:45 top of the little eyeball and tap that. It'll disappear, but it's still there
103 00:10:45 --> 00:10:49 for you to grab again. See that? So it's real easy to keep everything organized,
104 00:10:50 --> 00:10:51 and now also, I
105 00:10:57 --> 00:11:05 feel like Mr. Rogers teaching today, new week. I'm sorry, the new day opening gap
106 00:11:05 --> 00:11:11 high for Wednesday's trading, which is going to be determined by the close at
107 00:11:11 --> 00:11:19 5pm eastern time tuesday and the Tuesday 6pm electronic trading hours restart
108 00:11:19 --> 00:11:24 time. So there's a one hour just difference between that last print at
109 00:11:24 --> 00:11:30 5pm Eastern Time and 6pm Eastern time. We call that the new day opening gap.
110 00:11:31 --> 00:11:35 And I have this toggled to high, so I'm going to put that on the chart here, and
111 00:11:35 --> 00:11:39 then the low. Now it's showing on a regular trading hours chart. So we're
112 00:11:39 --> 00:11:42 going to toggle over to electronic trading hours, and I'll let you see real
113 00:11:42 --> 00:11:50 quick where this is real quick where this is at. It's right there. We're only
114 00:11:50 --> 00:11:54 using a couple things today, okay, just to read price. So this is the last print
115 00:11:54 --> 00:12:00 at 4:59pm on Tuesday, and then at six o'clock it opens up up here. See that
116 00:12:01 --> 00:12:05 there's an hour difference between this candle and that candle. Technically,
117 00:12:05 --> 00:12:08 it's an hour and one minute. But it's showing you the last print because five
118 00:12:08 --> 00:12:11 o'clock, there is no trading. So it's not going to show you a print at five
119 00:12:11 --> 00:12:15 o'clock. So last print is going to be 459 as you see down here in the bottom
120 00:12:15 --> 00:12:19 of the chart. So you want to note that with the horizontal Ray, and then where
121 00:12:19 --> 00:12:23 we opened at six o'clock. That's if it's higher than where we close, then this is
122 00:12:23 --> 00:12:28 the high and that's the low. Then you have a premium New Day opening gap. And
123 00:12:28 --> 00:12:32 now, what's the benefit of having that? If you look at the new week,
124 00:12:39 --> 00:12:45 I'm sorry, New Day opening gap. It's above us right now, and I like these
125 00:12:45 --> 00:12:51 relative equal highs. So I'm watching this today, this morning with you. I've
126 00:12:51 --> 00:12:54 moved these around here, and I'm used to grabbing it in a certain order, and it's
127 00:12:54 --> 00:13:02 not the way I usually have it. So here is minor buy side. So I'll write minor.
128 00:13:03 --> 00:13:08 I side liquidity, and all I'm doing is showing you exactly how I teach my kids.
129 00:13:08 --> 00:13:14 I don't do anything crazy. I don't do anything extra complicated, and that's
130 00:13:14 --> 00:13:28 not right. Top left and blue, and the text is usually 14. Okay, so now think
131 00:13:28 --> 00:13:33 about what we have here. We have regular trading hours. Opening range high, which
132 00:13:33 --> 00:13:36 was where we closed regular trading hours yesterday, at 4:14pm, Eastern
133 00:13:36 --> 00:13:43 Time. We're below that. We're below New Day, opening gap, and we have minor buy
134 00:13:43 --> 00:13:47 side up here. So we already out the gate. We have three things going in our
135 00:13:47 --> 00:13:53 favor, where it could likely push higher to explore and probe reaching for buy
136 00:13:53 --> 00:13:58 side liquidity. That does not mean it cannot drop. It can. But I start the day
137 00:13:58 --> 00:14:02 off with the expectation of where can it reach to, because if you're going to
138 00:14:02 --> 00:14:07 start learning how to read the tape before you even trade, before you ever
139 00:14:07 --> 00:14:14 put any risk on ever you need to know what you're looking at, what you're
140 00:14:14 --> 00:14:21 studying. Why should the market behave a certain way and without having at least
141 00:14:21 --> 00:14:27 the baseline of certain basic principles of where the market will be drawn to,
142 00:14:27 --> 00:14:33 where is it likely to be pulled into. For liquidity, there's orders, and then
143 00:14:33 --> 00:14:38 there's inefficiencies, where the market will book price in that particular
144 00:14:38 --> 00:14:43 range, because it hadn't spent enough time sufficiently offering buy side and
145 00:14:43 --> 00:14:48 sell side delivery. That's not liquidity, it's it's passing through a
146 00:14:48 --> 00:14:52 predetermined range. And I'll explain that in a couple minutes, but right now,
147 00:14:52 --> 00:14:56 I want to show you also the Monday, Tuesday, regular trading hours opening
148 00:14:56 --> 00:15:02 range gap. We'll highlight that on the chart too. So. And that is going to be
149 00:15:02 --> 00:15:11 seen here while I'm doing is going over the last three days or so. Okay, here is
150 00:15:12 --> 00:15:17 Monday's regular trading hours, close at 4:14pm, Eastern Time. So it's
151 00:15:17 --> 00:15:22 highlighted right there. And then we opened at what, 9:30am so this is
152 00:15:22 --> 00:15:27 regular trading hours opening range gap. So that's this is measuring the
153 00:15:27 --> 00:15:32 difference, or disparity, between where we closed yesterday at 4:15pm eastern
154 00:15:32 --> 00:15:38 time and where we reopen for regular trading hours at 930 eastern time in the
155 00:15:38 --> 00:15:43 morning. So between those two times electronic trading hours is taking place
156 00:15:43 --> 00:15:48 with the exception of the small window of one hour between 5pm Eastern Time and
157 00:15:48 --> 00:15:55 6pm Eastern Time, okay, and real quick. I'll let you see what this has done. You
158 00:15:55 --> 00:16:04 can see the reaction here pre session. I'm sorry not preset the electron
159 00:16:04 --> 00:16:16 training. I just go here. You can see the reaction there, there, and again,
160 00:16:16 --> 00:16:25 it's above us as well. Okay, so fry. Friday to Monday, regular trading hours
161 00:16:26 --> 00:16:29 quadrants. We'll show that in a second, but right now, I'm gonna add that. So
162 00:16:29 --> 00:16:32 what this is doing is showing the entirety of the separation, which was a
163 00:16:32 --> 00:16:42 huge gap in regular trading hours for Friday, is closed, where we opened up
164 00:16:44 --> 00:16:45 Monday morning at 930
165 00:16:50 --> 00:16:58 here's Friday. Let me zoom in a little bit better. Here's Friday's last print
166 00:16:58 --> 00:17:01 on record trading hours at 4:14pm Eastern Time, and then here's 930
167 00:17:01 --> 00:17:07 opening on Monday. So that difference there. Now I'm going to showcase the
168 00:17:07 --> 00:17:12 quadrant levels. Now I didn't put the midpoint or consequence level because
169 00:17:12 --> 00:17:17 I'm using the label to draw my focus to where half of that would be, because if
170 00:17:17 --> 00:17:27 I put the 50% level on the FIB, it makes this where you can't read it, okay, so I
171 00:17:27 --> 00:17:31 just eyeball the midpoint and tell my son that just to suffer through it. So
172 00:17:31 --> 00:17:40 we have electronic trading hours again, and we're going to go back to this, and
173 00:17:40 --> 00:17:44 you can see how that pretty, pretty well, gives us the midpoint, or
174 00:17:44 --> 00:17:50 consequence of the gaps, midpoint between Friday and Monday's opening. So
175 00:17:50 --> 00:17:55 Friday close, regular trading hours, Monday, red trading hours open. That's
176 00:17:55 --> 00:18:02 the opening range gap, or what we call R T, H, O, R, G. It's a whole lot of
177 00:18:02 --> 00:18:08 stuff, I know, but we have several things that could potentially give us
178 00:18:08 --> 00:18:13 reason to go up here. Now, have you looking at the economic calendar, which
179 00:18:13 --> 00:18:19 I don't have a I don't have a browser open to be able to open it and share it
180 00:18:19 --> 00:18:26 with you on the stream, but I use econo day calendar and I use Forex factories
181 00:18:26 --> 00:18:31 calendar. Okay, either one's good. One isn't any better than the other.
182 00:18:32 --> 00:18:35 Whatever one you like, whatever you know, presentation style they use,
183 00:18:35 --> 00:18:40 whatever when you like, use that. You'll notice today, at 10 o'clock we have a
184 00:18:40 --> 00:18:46 red folder, or a high impact news driver in the form of ISM manufacturing PMI.
185 00:18:47 --> 00:18:51 Okay, so I hope, I hope I'm calling it right. I believe I didn't write it down,
186 00:18:51 --> 00:18:56 but I believe looking at before I started the stream, that's what we have
187 00:18:56 --> 00:19:03 at 10 o'clock. Okay, so that might be the fuel, if you will, that injects the
188 00:19:03 --> 00:19:07 volatility in the marketplace to send us up into exploring any of these things up
189 00:19:07 --> 00:19:12 here. It need not here's, here's the real important thing, okay, when you're
190 00:19:12 --> 00:19:17 first starting out, the first thing you want to do is give yourself permission
191 00:19:17 --> 00:19:22 to be wrong. Don't expect, and we're opening at 930 now. Don't expect to be
192 00:19:22 --> 00:19:26 right. Don't expect to know everything that's going to happen next. You don't
193 00:19:26 --> 00:19:32 know that, okay? And for you to expect it, just build you up. Notice these
194 00:19:33 --> 00:19:38 relative equal highs here to that. Don't build that expectation that you have to
195 00:19:38 --> 00:19:42 be perfect, okay? Watching myself, watching my students, watching other
196 00:19:42 --> 00:19:46 traders do very, very well. It makes you feel like you want to go out there and
197 00:19:46 --> 00:19:50 do something right now and be a part of the gang, right? Be a part of the crew
198 00:19:50 --> 00:19:53 that does. You know really well in the beginning, it's unrealistic and
199 00:19:53 --> 00:19:57 unreasonable for you to feel that way. Okay, notice that we're trading at the
200 00:19:57 --> 00:20:02 low of the Friday night. Monday opening range gap. We're trading right down
201 00:20:02 --> 00:20:06 here, and we just took that short term low out right there. See that? Notice
202 00:20:06 --> 00:20:10 this little reaction here? It doesn't mean it's going to go straight up, but I
203 00:20:10 --> 00:20:13 like to see these sides of things. These are encouraging for when you're watching
204 00:20:13 --> 00:20:17 the tape and when students are watching prices, it's really nice to see it react
205 00:20:17 --> 00:20:25 that way. Minor buy side is here, and then you have a little bit more buy side
206 00:20:25 --> 00:20:32 here, and then we start going into the levels I gave you this morning. Now,
207 00:20:32 --> 00:20:37 without having the Monday, I'm sorry, the Friday, the Monday opening range gap
208 00:20:37 --> 00:20:41 on your chart, and not knowing that that level is down here, this would be a,
209 00:20:41 --> 00:20:45 this would be completely invisible to you. You would never expect that. You
210 00:20:45 --> 00:20:48 would just see it well, you know, it broke support, because classic Support
211 00:20:48 --> 00:20:52 Resistance guys see that. So it went down here and went up before. So
212 00:20:52 --> 00:20:55 therefore, you know, if it does that, but then it went through it that scare
213 00:20:55 --> 00:20:58 them, they're not going to want to take along there. But that's not what we do.
214 00:20:59 --> 00:21:04 We're looking for what we're looking for the draw on liquidity to go to, not just
215 00:21:04 --> 00:21:11 one thing, not one little ICT, gimmick or trick, okay, a PD array. We want
216 00:21:11 --> 00:21:16 several things to indicate to us that we have probabilities in our favor, that
217 00:21:16 --> 00:21:20 the market's likely to pull in one direction over another. Now, if at any
218 00:21:20 --> 00:21:24 time you're ever watching price and widen this though, so you can see a
219 00:21:24 --> 00:21:31 little more beefy bodies on these candles. Busy job building already the
220 00:21:31 --> 00:21:39 remember, this was by side. I told you earlier. Change that annotation to the
221 00:21:39 --> 00:21:44 right now you can see it. I'll scrub over in a second right now. Just want to
222 00:21:44 --> 00:21:49 finish my thought. You want several things. There's the buy side I told you
223 00:21:49 --> 00:21:54 I liked let me just show it to you now, because you're going to get mad if I
224 00:21:54 --> 00:21:59 don't. There's those highs I told you about. Okay, that's all I was doing
225 00:21:59 --> 00:22:04 yesterday. I said I saw some joker on X try to say, Well, you said, clearly.
226 00:22:04 --> 00:22:08 Look, dude, don't take things out of context. I said, very clearly, just like
227 00:22:08 --> 00:22:12 I told you, these levels here, okay, we're going up. We're going into these
228 00:22:12 --> 00:22:16 levels. And what do we return back into here, the Monday, Tuesday registration,
229 00:22:16 --> 00:22:21 hours, opening range gap right there. That in and of itself, you got two
230 00:22:21 --> 00:22:27 things just delivered. If you had longed the market and did a soup long in order,
231 00:22:27 --> 00:22:34 it's buying below that low right now you could be off setting some of that long
232 00:22:34 --> 00:22:38 position, leaving something on as a runner, in case you get up into the
233 00:22:39 --> 00:22:46 Wednesday New Day, opening gap, or if it goes up into their other trading hours,
234 00:22:46 --> 00:22:51 opening range, gap high. Now, because I'm trying to teach so much over live
235 00:22:51 --> 00:22:56 price action, I got to tell you this part you want to do at the opening at
236 00:22:56 --> 00:23:02 930 here's that candlestick right here. We're on electronic trading at
237 00:23:02 --> 00:23:07 electronic trading hours. Okay, here's the opening price. That's where we first
238 00:23:07 --> 00:23:13 printed at 930 at no it's regular trading hours. Started right there. I'm
239 00:23:13 --> 00:23:18 going to put it on the chart here, but I'm going to toggle to, sorry, regular
240 00:23:18 --> 00:23:24 trading hours. See, the difference where we were here, and we opened all the way
241 00:23:24 --> 00:23:28 down here, right at that price. So now what I'm doing is I'm going to take this
242 00:23:28 --> 00:23:32 off. I'm going to copy this one, hold, hover over top of it until the little
243 00:23:32 --> 00:23:37 thing highlights, and then hold down the control button, and then drag and you'll
244 00:23:37 --> 00:23:43 be able to copy whatever array, or whatever your annotation is at the time,
245 00:23:44 --> 00:23:51 and then now all you gotta do is change that to low. So now you completely for
246 00:23:51 --> 00:23:58 your journal. You completely made the annotations Perfect. Now. Now here's
247 00:23:58 --> 00:24:03 what you can do also, but you want to be doing this not Don't be talking to
248 00:24:03 --> 00:24:08 yourself or listening to me or anyone else without having done these things.
249 00:24:08 --> 00:24:12 Soon as you get the opening price, you want to annotate it and then draw your
250 00:24:12 --> 00:24:20 fib in, degrade that that's not right. There it is. Okay. And now I want to
251 00:24:20 --> 00:24:26 show consequent encouragement here, which is 50% and I want that to be red,
252 00:24:27 --> 00:24:32 so we open down here, and I teach algorithmically, the market will go back
253 00:24:32 --> 00:24:37 to half of the opening range gap, 70% of the time. Okay, what if you had the
254 00:24:37 --> 00:24:38 chance to win the lottery?
255 00:24:38 --> 00:24:44 70% like, what if you had the probabilities of 70% of the time when
256 00:24:44 --> 00:24:50 you buy a lottery ticket, or you bet on a specific horse in a horse race, or you
257 00:24:50 --> 00:24:53 went to the casino and you pulled the slot machine, what if you had 70%
258 00:24:53 --> 00:24:57 likelihood that you were going to be correct and win? Wouldn't it be amazing?
259 00:24:57 --> 00:25:05 That'd be an amazing test. To you luck, right? Well, luck doesn't exist, okay.
260 00:25:05 --> 00:25:09 You have to make your own luck, okay? And by having very simple little
261 00:25:09 --> 00:25:15 strategies right to the point, okay, this is how I teach my kids, knowing
262 00:25:15 --> 00:25:19 where the halfway point is right here, if it opens up down here, there's a 70%
263 00:25:20 --> 00:25:25 likelihood that the market's going to go up to this level here before or by 10am
264 00:25:25 --> 00:25:29 Eastern Time. In other words, in 30 minutes, it's going to go there. You
265 00:25:29 --> 00:25:32 just watch it again. Now, if you're brand new, you probably think I just
266 00:25:32 --> 00:25:36 cherry picked that and this fluffed you all up because it did it in front of
267 00:25:36 --> 00:25:40 you. That's not the case. I have been teaching this for years. I have taught
268 00:25:40 --> 00:25:46 this principle. It's in video. It's in typed out comments on my ex. It's
269 00:25:47 --> 00:25:52 something that it's been taught extensively by me. Notice we trade it up
270 00:25:52 --> 00:25:58 into Wednesday, new day, opening gap. Well, now again, take something off.
271 00:25:58 --> 00:26:04 Okay, scale off. Scale off. If you don't know where these levels are beforehand,
272 00:26:04 --> 00:26:10 you are gambling with no luck. You have nothing in terms of probability in your
273 00:26:10 --> 00:26:17 favor zero. Now, I promise you, there is nobody on YouTube live streaming today
274 00:26:17 --> 00:26:21 that outlined this. This perfect. Okay, you're going to hear them out there
275 00:26:21 --> 00:26:24 barking, beating their chest, talking about disgusting things that they're
276 00:26:24 --> 00:26:27 doing in their vehicles, and talking about everybody in the industry and
277 00:26:27 --> 00:26:30 talking about this and talking about that while they're playing in their demo
278 00:26:30 --> 00:26:34 accounts, trying to get you to spend money so they can make more money and
279 00:26:34 --> 00:26:38 spend it in front of you and brag about it and make you feel stupid. But they
280 00:26:38 --> 00:26:41 ain't telling you this. They're never telling you this, because they can't do
281 00:26:41 --> 00:26:47 this. There's nobody out there, nobody out there that outlines it this
282 00:26:48 --> 00:26:53 perfectly, right to the point, right to the point. And I had to put that in
283 00:26:53 --> 00:27:03 there, because it's just necessary. So anyway, now we've had the market deliver
284 00:27:03 --> 00:27:08 like gangbusters right off the PDA rate that I already had in mind and showed to
285 00:27:08 --> 00:27:17 you, and the market hit. It ran up and drew up into the first buy, sell equity
286 00:27:17 --> 00:27:24 I told you about the second one, which is Monday and Tuesday's regular trading
287 00:27:24 --> 00:27:31 hours, opening range gap, the Wednesday, New Day opening gap, which is determined
288 00:27:31 --> 00:27:39 by 5pm Eastern Time and 6pm Eastern Time. And then I gave you quadrants on
289 00:27:39 --> 00:27:46 this Friday, Monday, this big gray area here, that's the lower quadrant. Halfway
290 00:27:46 --> 00:27:49 point is right here, or consequent encroachment, the upper quadrant is
291 00:27:49 --> 00:27:59 here. And then here's the high of it. If you cut bait and say, I'm done for the
292 00:27:59 --> 00:28:03 day and don't even expect or require it go all the way back to this price here,
293 00:28:03 --> 00:28:10 because that's with the exception of going to the high of Friday, Monday's
294 00:28:10 --> 00:28:13 opening range, gap high, which is this level here, that and then if it goes
295 00:28:13 --> 00:28:18 there and higher, the gap closure, or gap fill, is trading back to previous
296 00:28:18 --> 00:28:23 Days. Regular trading hours close, because we open down here and the
297 00:28:23 --> 00:28:27 market's drawn back up into it. So what I want you to think about it is like
298 00:28:27 --> 00:28:36 this. I stopped here and it opened right there, and then get this. I don't want
299 00:28:36 --> 00:28:45 it to I don't want to do that, we'll do yellow. I don't really like yellow, but
300 00:28:45 --> 00:28:51 it needs to be strong about contrast. So what you're seeing is essentially the
301 00:28:51 --> 00:28:56 market created this gap from where we stopped trading yesterday at 4:14pm,
302 00:28:57 --> 00:29:01 Eastern Time. Register trading hours close, and then regular trading hours
303 00:29:01 --> 00:29:06 open at 930 today. This morning it opened down here. So there's the vacuum,
304 00:29:07 --> 00:29:14 there's an absence, there's a void, there's a complete and utter wasteland,
305 00:29:14 --> 00:29:19 or empty canvas for price to paint all over, and it's inside that yellow box.
306 00:29:20 --> 00:29:28 So because it there's a vacuum, if you break the seal on a vacuum, okay? You
307 00:29:28 --> 00:29:32 ever see those commercials where they try to get you to buy these space bags
308 00:29:32 --> 00:29:35 and you put your vacuum cleaner on it and it sucks the air out of it? You can
309 00:29:35 --> 00:29:39 compress sweaters and blankets and whatever. Man I had to talk my wife out
310 00:29:39 --> 00:29:41 of that several times. I said, Listen, we are not putting that garbage in our
311 00:29:41 --> 00:29:46 house. Okay, I have big enough house. We can stack up stuff. We have rooms we can
312 00:29:46 --> 00:29:50 treat as big closets. Okay, it's fine. We don't need to do stuff like that. But
313 00:29:50 --> 00:29:56 when you break that seal on a vacuum sealed bag, what do you get? That air
314 00:29:56 --> 00:30:00 completely goes right back into that that vacuum. There's no. No, there's no
315 00:30:00 --> 00:30:04 abundance of air inside that bag. So that's exactly what's happening here.
316 00:30:04 --> 00:30:11 That vacuum seal is broken, and then price rushes right back in to fill this
317 00:30:11 --> 00:30:17 expanse of empty no price action. So that's that's your first steps in
318 00:30:17 --> 00:30:20 knowing where the market's going to go at the open there's going to be people
319 00:30:20 --> 00:30:23 out there. You're going to see them. They're in the industry. They got all
320 00:30:23 --> 00:30:26 these titles next to their name. They probably write books. They probably been
321 00:30:26 --> 00:30:30 on CNBC. They probably, you know, love themselves more than I love myself. And
322 00:30:30 --> 00:30:34 they will tell you that you can't time the market. Nobody knows what the
323 00:30:34 --> 00:30:40 market's going to do next. Well, okay, I'm Mr. Nobody. Okay, okay. And I'm
324 00:30:40 --> 00:30:45 sitting down and explaining to you in very elementary terms, very simple, how
325 00:30:45 --> 00:30:52 you can do this every single day, but you're looking at 33 years of experience
326 00:30:52 --> 00:30:57 doing it. So it looks real, real easy in my hands. It was not easy in my hands
327 00:30:57 --> 00:31:03 when I first started. But by doing these things and applying them gradually.
328 00:31:03 --> 00:31:08 Notice that I don't have the new week opening gap on here. Notice that, notice
329 00:31:08 --> 00:31:13 that I don't have every other bell and whistle on the chart. All I'm doing is
330 00:31:13 --> 00:31:18 starting you at first step. This is like elementary school. It's kindergarten.
331 00:31:18 --> 00:31:22 Okay? Baby pips has their whole little thing over there they have preschool,
332 00:31:22 --> 00:31:27 kindergarten, first grade, all that stuff here. This is kindergarten, ICT.
333 00:31:28 --> 00:31:33 This is how this is how simple you can start. It need not be complex. It need
334 00:31:33 --> 00:31:37 not be complicated. I have never complicated anything, but what I have
335 00:31:37 --> 00:31:42 given you is an encyclopedia of Smart Money concepts that I've authored. Just
336 00:31:42 --> 00:31:45 because you have the whole Compendium out there, doesn't mean you have to
337 00:31:45 --> 00:31:51 digest it all in one time or fast. You start with something simplistic. When
338 00:31:51 --> 00:31:55 can you sit down in front of the charts? Well, it makes sense that you sit down
339 00:31:55 --> 00:31:58 in front of it during a market session open, for instance, like this is New
340 00:31:58 --> 00:32:03 York, open for equities trading, the regular trading hours. You can trade
341 00:32:03 --> 00:32:08 Forex in the London session, one o'clock in the morning to 5am Eastern Time.
342 00:32:08 --> 00:32:13 Okay? And the same types of principles occur over and over and over again
343 00:32:13 --> 00:32:17 there. But there just isn't a opening range gap in forex, because it's 24
344 00:32:17 --> 00:32:22 hours trading. We have built in advantages with futures, because we have
345 00:32:22 --> 00:32:26 these lapses in trading. Now I know some of you are going to want to type out
346 00:32:26 --> 00:32:28 I've been waiting for you to say that, because now you just make me remember
347 00:32:28 --> 00:32:32 the question I want to ask you, what happens when they go to 24 hours? Then
348 00:32:32 --> 00:32:39 it's going to get even easier. Simple, I got weapons for that too. Okay, I
349 00:32:39 --> 00:32:44 believe me, I got weapons for that. But for now, just know that your first
350 00:32:44 --> 00:32:49 priority as a student of price action, learning how to read price through the
351 00:32:49 --> 00:32:55 language I created in Smart Money concepts, simply knowing specific
352 00:32:55 --> 00:33:03 reference points. Now, if you would agree, and I promise I don't make any
353 00:33:03 --> 00:33:08 more money for this, but if you agree that this is simple, it's very, very
354 00:33:08 --> 00:33:14 straight to the point. It's not complex, it's not complicated, and it's friggin
355 00:33:14 --> 00:33:18 perfect. It's precise. There's no ambiguity about it. There's no guessing
356 00:33:18 --> 00:33:23 about it. It's this. You're building a narrative that why price should go a
357 00:33:23 --> 00:33:26 direction versus another direction. In other words, is it going to go up or is
358 00:33:26 --> 00:33:31 it gonna go down? Because that's all we have to first consider. Is it likely to
359 00:33:31 --> 00:33:36 go up? Is it likely to go down? And you build the evidence to suggest one side
360 00:33:36 --> 00:33:43 over the other, my PD arrays are going to scream at you. Listen, look at me.
361 00:33:44 --> 00:33:47 There's a whole lot of interest up here, when you have all these PD arrays where
362 00:33:47 --> 00:33:53 we're opening below it. So where's it going to go up now, it does not mean at
363 00:33:53 --> 00:33:56 all that the market's going to continuously go up and have, you know,
364 00:33:56 --> 00:34:01 an all time high today, it can. But I'm not saying that here. I'm trying to get
365 00:34:01 --> 00:34:10 you to think about it in a graduated approach, where you you take a
366 00:34:10 --> 00:34:14 reasonable amount of information that should not be in my opinion, this should
367 00:34:14 --> 00:34:19 not be overwhelming. It can be a little complex for someone that's never done it
368 00:34:19 --> 00:34:23 before. You don't really understand what I'm doing here and what I've done, but I
369 00:34:23 --> 00:34:27 promise, if you watch the recording again and think about what I've done in
370 00:34:27 --> 00:34:30 the past with my other lectures, you'll see that I've done nothing different
371 00:34:30 --> 00:34:33 here, except for less talking than just went right to it.
372 00:34:34 --> 00:34:40 You see the low of the session today right there, only by a tick off in that
373 00:34:40 --> 00:34:44 amazing. That's the that's the range between Friday and Monday's opening
374 00:34:44 --> 00:34:52 range, gap. See, everybody else, every body else, knows about gaps. You hear to
375 00:34:52 --> 00:34:55 add it, gaps like to get filled. Oh, Mind the Gap. Oh, guys, gap filling
376 00:34:55 --> 00:34:58 event. Oh, it's probably gonna go to the gap. It's gonna close the gap. It's
377 00:34:58 --> 00:35:06 gonna close gap. I'm. We already closed that gap, but it's not done using it,
378 00:35:06 --> 00:35:10 because there's an algorithm that refers right back to that price level. What
379 00:35:10 --> 00:35:14 price level? This level that I showed you, this level here, the lower quadrant
380 00:35:14 --> 00:35:18 of it, the midpoint of it, consequent encroachment. It's annotated with the
381 00:35:19 --> 00:35:23 label of the box. Then the upper quadrant here, and in the high of it.
382 00:35:25 --> 00:35:31 See everybody has archaic principles. They know about gaps, and once the gap
383 00:35:31 --> 00:35:35 fills, they discard it. They throw it away. It's no longer useful. It's no
384 00:35:35 --> 00:35:39 longer salient to them. So they're looking for the next thing to chase.
385 00:35:39 --> 00:35:50 It's no, no, no, no, see, that's this is the reason why I laugh at everybody. And
386 00:35:50 --> 00:35:53 my students have been with me for a long time. They can do this in their own
387 00:35:53 --> 00:35:56 hands too. They're laughing at everybody. As soon as somebody starts
388 00:35:56 --> 00:35:59 cracking their mouth about how this stuff is rebranded, you'll never find
389 00:35:59 --> 00:36:04 this ever, ever, ever, before me talking about it, and I have to do these things,
390 00:36:04 --> 00:36:14 because social media and AI is they're basically collecting opinions. Every
391 00:36:14 --> 00:36:18 time somebody post something negative or positive about me or anyone else, the
392 00:36:18 --> 00:36:23 AIS will go out and they'll scour the consensus. It'll cull basically a
393 00:36:23 --> 00:36:30 collection of both sides of a narrative. If the narrative is, did ICT create or
394 00:36:30 --> 00:36:34 author Smart Money concepts, okay? You'll hear people say, it's like, off.
395 00:36:34 --> 00:36:38 I've already destroyed that. They'll say, it's a fine demand. We destroyed
396 00:36:38 --> 00:36:42 that too. Oh, he's rebranded this. And rebranded that you'll never see an old
397 00:36:42 --> 00:36:47 gap referred to it like me, anything. Nobody's ever done it for me, ever it's
398 00:36:47 --> 00:36:50 never been in print. It's never been in video. It's never been talked about.
399 00:36:50 --> 00:36:55 It's never been done. And the reason why I talk about it, and I'm so verbose
400 00:36:55 --> 00:37:01 about it, is because I know AI is keeping tabs on everybody, so I always
401 00:37:01 --> 00:37:06 retort and correct these Jack legs, because they're liars. They're liars.
402 00:37:06 --> 00:37:11 Okay? And by having my side of the story, and I'm the one to come out here,
403 00:37:11 --> 00:37:15 and I'm doing it now in live stream, explaining it to you, and you wonder,
404 00:37:15 --> 00:37:22 Oh, why he? He did 30 trades with his demo account, with his 15 monitors or
405 00:37:22 --> 00:37:26 laptops, and he finally got one at the low, and that's the one he's going to
406 00:37:26 --> 00:37:32 show. I just showed you how to pick the low. Is that complex information? No,
407 00:37:33 --> 00:37:41 but you're using stale data if you're going to ask somebody else. Stale data
408 00:37:43 --> 00:37:49 is not stale to me, because it's pertinent. The market is going to use
409 00:37:49 --> 00:37:54 that information. It's going to use it. And if you don't know how to collect
410 00:37:54 --> 00:37:58 that information, then guess what? You're blind, and you don't want to be
411 00:37:58 --> 00:38:01 blind in these markets, because it'll take you just like that. Now, where do
412 00:38:01 --> 00:38:05 you think the market wants to reach to now it's already pulled back into three
413 00:38:05 --> 00:38:10 quarters of the gap, which is that upper quadrant right here. There's liquidity
414 00:38:10 --> 00:38:17 resting right on here, right below here, what's below that at sell side. So your
415 00:38:17 --> 00:38:20 initial expectation would be, try to see how far you can get, up into half the
416 00:38:20 --> 00:38:24 gap, 70% likelihood is going to go there. Then three quarters of the gap it
417 00:38:24 --> 00:38:28 does not need to fill. That does not need to do that at all. And we're seeing
418 00:38:28 --> 00:38:33 the rotation lower, with liquidity resting right below here. There's no
419 00:38:33 --> 00:38:37 cell side outside of that low. That's the only cell size in the marketplace
420 00:38:37 --> 00:38:41 and is tapped into it there. So now it's probing. Do we see a continuation lower.
421 00:38:41 --> 00:38:47 If it really starts to find some weight in it and keep going lower and this
422 00:38:47 --> 00:38:53 stays open here, then that might be impactful for a pm session. And I'm not
423 00:38:53 --> 00:38:57 trying to give you too many things for one session, because I told you I only
424 00:38:57 --> 00:39:02 wanted to be here for about an hour, but because there's an economic news driver
425 00:39:02 --> 00:39:05 coming out at 10 o'clock. I want to be here so that way we can watch it live.
426 00:39:05 --> 00:39:14 But let me get this rectangle off here. Oh, I was going to prompt you, and I
427 00:39:14 --> 00:39:18 said that by you putting a thumbs up on my video. And there's like, about 10 of
428 00:39:18 --> 00:39:23 you, 20 of you out there, because I always have like, a 99.6 rating that's
429 00:39:23 --> 00:39:27 liked or thumbed up, thumbs up. And I know some of you trolls don't want to
430 00:39:27 --> 00:39:30 believe that, but I can go in there and live stream and show you the settings
431 00:39:30 --> 00:39:40 and the stats that I'm a 99.6 loved or thumbs up type ratings on my videos, but
432 00:39:40 --> 00:39:43 this is where we interact. Okay. Now you can do one of two things, if you're not
433 00:39:43 --> 00:39:47 on x, if you're not on Twitter, what used to be Twitter, if you're not on
434 00:39:47 --> 00:39:51 that, then give the this live stream a thumbs up, because that means what
435 00:39:51 --> 00:39:56 you're telling me is, this was straight to the point. It was not complicated. I
436 00:39:56 --> 00:40:00 gave you the levels beforehand. I told you the direction we would. Be expecting
437 00:40:00 --> 00:40:09 beforehand, and it delivered perfectly, perfectly. If you can't do this part
438 00:40:09 --> 00:40:15 here consistently, in other words, find one section the marketplace where you're
439 00:40:15 --> 00:40:19 going to see an obvious price run. If you can't do this, you can't make money
440 00:40:19 --> 00:40:23 trading. You should never be trying to trade with these funded account
441 00:40:23 --> 00:40:27 companies trying to get lucky and do lottery wins, okay, and blowing accounts
442 00:40:27 --> 00:40:31 after accounts, after accounts. If you can't expect to see where price is going
443 00:40:31 --> 00:40:36 to react and run if you can't do this consistently, that doesn't mean learn
444 00:40:36 --> 00:40:39 how to do it this week and next week you're going to try to do it with, you
445 00:40:39 --> 00:40:43 know, fund accounts or live account, don't, don't think that you need to do
446 00:40:43 --> 00:40:49 this for a couple months, and that right there, that right there, caused a lot of
447 00:40:49 --> 00:40:55 you to turn off listening with common sense, because that doesn't fit what you
448 00:40:55 --> 00:40:59 want. But listen to me if you came here, or if you're watching this as a
449 00:40:59 --> 00:41:03 recording, and you want to learn. You want to learn from somebody that knows
450 00:41:03 --> 00:41:07 exactly what's going on over three decades. Okay, I'm not going to come out
451 00:41:07 --> 00:41:10 here and fall on my face and look stupid. I'm not going to do that. I know
452 00:41:10 --> 00:41:18 what I'm doing. I'm I'm of the opinion that I have an authority that most of
453 00:41:18 --> 00:41:23 you don't have and never would. And your gurus and teachers don't either. If they
454 00:41:23 --> 00:41:27 did, they'd come out here and tell you this very precise type of thing. It's
455 00:41:27 --> 00:41:32 not ambiguous. It's very, very, very specific. And to the Yahoo I blocked
456 00:41:32 --> 00:41:42 yesterday, if it, if it's so good, then do it live or SHTF, well, here it is,
457 00:41:42 --> 00:41:48 Bubba so if you found this helpful in terms of a crash course, what do you do
458 00:41:48 --> 00:41:52 if you want to learn how to trade ICT, if you want to learn my Smart Money
459 00:41:52 --> 00:41:55 concepts, you want to do it correctly the right way, right out of the horse's
460 00:41:55 --> 00:42:01 mouth, the source code is talking to you right now. If you thought that this was
461 00:42:01 --> 00:42:07 is succinct and right to the point and it's not ambiguous. Then give this live
462 00:42:07 --> 00:42:13 stream a thumbs up. If you're on x do both. Let me know that you saw it live,
463 00:42:14 --> 00:42:19 and that's an encouragement for me. And remember, I'm not getting paid to do
464 00:42:19 --> 00:42:22 this. I'm not going to sell you a mentorship. I'm not going to be selling
465 00:42:22 --> 00:42:28 a course. I'm not asking you to send me cash. I'm not doing live streams where
466 00:42:28 --> 00:42:31 you can go in there and chat up and say, here's 50 bucks, you know. Get yourself
467 00:42:31 --> 00:42:36 a nice, you know, pair of underwear, you know, with the ICT logo on ICT. Get
468 00:42:36 --> 00:42:40 yourself a couple retail books. Learn how to trade ICT. I don't want anything
469 00:42:40 --> 00:42:46 from you. I don't need anything from you, but I want you to know that there's
470 00:42:46 --> 00:42:52 a way of doing this. It's not hard. It's impossible. If you try to put everything
471 00:42:52 --> 00:42:57 I've ever taught into a repertoire with no experience, and that just went rid of
472 00:42:57 --> 00:43:02 your head, and I'll say it again, slower, in a different way. When you
473 00:43:02 --> 00:43:06 come to my work and you see the Compendium that I've placed in the
474 00:43:06 --> 00:43:12 public's hands with 700 plus videos, that's a little intimidating. I got to
475 00:43:12 --> 00:43:16 admit that if I was starting out, and the guy that was supposed to be the
476 00:43:16 --> 00:43:19 bee's knees in the industry, everybody talks about him and wants to be like
477 00:43:19 --> 00:43:25 him, and the ones that can't stand me, that want to have the the influence I
478 00:43:25 --> 00:43:32 have, they're constantly talking about me. So you want to be like that person,
479 00:43:32 --> 00:43:37 as a young male. But then when you see all those videos, and I would have been
480 00:43:37 --> 00:43:40 done, I would have been thinking the same thing. I think, man, there's got to
481 00:43:40 --> 00:43:45 be an easier way. 700 videos, you don't have to watch all 700 videos. You don't
482 00:43:45 --> 00:43:49 have to do that. A lot of them is just me doing like this, just doing it,
483 00:43:50 --> 00:43:53 recording videos, doing lectures over what I've done, trading here, trading
484 00:43:53 --> 00:43:56 there, trading with a live account. You gotta say, Oh, he never trades a Live
485 00:43:56 --> 00:44:00 account. I got videos out the Yin Yang on my YouTube channel. I'm doing that. I
486 00:44:00 --> 00:44:06 go into my Live account, that's broker, regulated broker showing you every
487 00:44:06 --> 00:44:12 single day's statistics, live login. I mean, I don't know why you guys pretend
488 00:44:12 --> 00:44:17 and lie like, like I haven't done that before I've done it. Okay? So you have
489 00:44:17 --> 00:44:22 somebody that loves teaching. I have the stuff that works. I have the stuff that
490 00:44:22 --> 00:44:28 everybody else is rebranding, and I don't lose interest in teaching. But you
491 00:44:28 --> 00:44:32 make the mistake when you come to me and you try to watch all those videos real
492 00:44:32 --> 00:44:34 fast, like you can retain it. You can't
493 00:44:36 --> 00:44:41 just start with one playlist. And for the folks that are brand new. This is
494 00:44:41 --> 00:44:47 how you start. You simply grab a couple tools a new day, opening gap, the
495 00:44:47 --> 00:44:52 opening range gaps over the last three days, put them on your chart, and then
496 00:44:52 --> 00:44:56 look for relative equal highs. Where is it? Clean, very, very smooth edges.
497 00:44:56 --> 00:45:01 That's this level. I told you here. You. On this time frame, I got to go to
498 00:45:01 --> 00:45:06 electronic trading hours chart that right there is going to be the confusion
499 00:45:06 --> 00:45:10 for most of you. When you're toggling back and forth with a brand new trader,
500 00:45:11 --> 00:45:16 it's a little confusing to know what you're looking at, and sometimes you'll
501 00:45:16 --> 00:45:20 mess it up. And to be honest with you, as a as a 40 year old, when I was
502 00:45:20 --> 00:45:25 trading, a lot, I would toggle back and forth between electronic trading hours
503 00:45:25 --> 00:45:29 and regular trading hours. And a few times I got disoriented, and I took a
504 00:45:29 --> 00:45:33 trade based on something I thought I saw, and I was thinking it was regular
505 00:45:33 --> 00:45:36 trading hours, and it was not. It was electronic trading hours, and it caused
506 00:45:36 --> 00:45:39 me to lose money. And it's going to happen to you. You're going to you're
507 00:45:39 --> 00:45:43 going to do human things like that, you're going to get disorganized, or
508 00:45:43 --> 00:45:47 you're going to get distracted, and you might think you're at regular trading
509 00:45:47 --> 00:45:50 hours and you're not your electronic trading hours. Those types of things are
510 00:45:51 --> 00:45:56 going to creep in, because we're human. Don't worry about that so much. Or have
511 00:45:56 --> 00:46:02 all these would have thinkings that's going to cause you to feel like it's too
512 00:46:02 --> 00:46:05 scary if I make a mistake, I can hurt myself, because you're not trading with
513 00:46:05 --> 00:46:10 real money. So these clean highs up here. I mentioned how I liked them
514 00:46:10 --> 00:46:16 earlier, right at the beginning of the stream, and then once we ran the sell
515 00:46:16 --> 00:46:20 side out below that low, now we're right back up to those same equal highs again,
516 00:46:21 --> 00:46:29 see that? So both liquidity and the PD arrays I gave you, which are all these
517 00:46:29 --> 00:46:36 things up here, think of this as this collection of lines and ranges I told
518 00:46:36 --> 00:46:43 you about. Think about that as a big magnet. Okay, a really big magnet. And
519 00:46:43 --> 00:46:45 think about every,
520 00:46:52 --> 00:47:00 every 15 second candlestick. Think about that as a paper clip, okay? And it
521 00:47:00 --> 00:47:10 starts down here. When you're dropping these paper clips underneath a magnet, a
522 00:47:10 --> 00:47:14 really strong magnet, and you start spilling them out of a cup, like this.
523 00:47:14 --> 00:47:17 They start spilling out of a cup, and they start, they initially start falling
524 00:47:17 --> 00:47:20 because of gravity, but eventually, what happens the magnetism, the field of
525 00:47:20 --> 00:47:28 magnetic or magnetism pulls what those paper clips up. They get raptured. See
526 00:47:28 --> 00:47:33 that gets sucked right back up into a level where the field of magnetism is
527 00:47:33 --> 00:47:38 the strongest, and where's that going to be at, technically, in the PD arrays
528 00:47:38 --> 00:47:39 that I showed you in the chart. Do
529 00:47:44 --> 00:47:48 eight up here, all these things. These are all this is like the magnet. And
530 00:47:48 --> 00:47:52 notice that Monday, Tuesday, regular trading hours, opening range gap. Look
531 00:47:52 --> 00:47:57 where the bodies are really collecting, right there. So consequent encroachment
532 00:47:57 --> 00:48:02 of that range right there, I think, is like the core. Like, that's the big
533 00:48:02 --> 00:48:06 draw. Now you see people that talk about, like, volume profile, and I'll
534 00:48:06 --> 00:48:11 see point of control and those types of things. This is the real point of
535 00:48:11 --> 00:48:17 control. This is this is the real one. Okay, this is it. And I'm telling you,
536 00:48:17 --> 00:48:23 you don't need level two data. You don't need volume bars posted horizontally
537 00:48:23 --> 00:48:27 here on your chart. It looks real cool. It makes you look real smart and
538 00:48:27 --> 00:48:31 scientific. But you don't need you don't need that, folks. You don't need that at
539 00:48:31 --> 00:48:35 all, nothing. You don't need anything like that. You just need to know where
540 00:48:35 --> 00:48:39 can the market be drawn to next? Why should it be drawn there? And is it more
541 00:48:39 --> 00:48:42 than one reason for it to happen, because the more things that you can
542 00:48:42 --> 00:48:47 stack in your favor, it becomes so overwhelmingly one sided. We're getting
543 00:48:47 --> 00:48:52 ready to have new so it was so one sided. It's it's high probability, and
544 00:48:52 --> 00:48:57 that's what I'm getting at. So now look at the daily chart over here. Okay, we
545 00:48:57 --> 00:49:01 came off these lows really hard. We came up swiped that minor buy side of
546 00:49:01 --> 00:49:04 liquidity. And now we're going to get the news reaction here. So
547 00:49:31 --> 00:49:35 it was a portion of the opening range gap for today that's not closed in
548 00:49:35 --> 00:49:41 order. It's that's this level up here, this regular training hours, opening
549 00:49:41 --> 00:49:45 range high, or yesterday's rate of trading hours close. So.
550 00:50:01 --> 00:50:11 Oh, that's it's a little bit of a lackluster reaction in it. So we've had
551 00:50:11 --> 00:50:19 a low form in the first two minutes of trading. Rally up, pulls up into the
552 00:50:19 --> 00:50:24 levels I told you about, we came back down, took the sell side liquidity,
553 00:50:24 --> 00:50:29 resting below that low hit that came right back up into the range, went back
554 00:50:29 --> 00:50:33 into that old liquidity pool, which is what I teach you to do. This is not
555 00:50:33 --> 00:50:36 support and resistance. You're going back to that level because it was an
556 00:50:36 --> 00:50:39 area where the algorithm now, here's here's where you write this stuff down.
557 00:50:40 --> 00:50:44 I have Yahoos out there that say ICT is such a moron that he thinks there's a
558 00:50:44 --> 00:50:53 central one algorithm that controls price. Yes, that I didn't stutter. But
559 00:50:55 --> 00:51:00 you have to think about how if you were going to code that algorithm, how is
560 00:51:00 --> 00:51:10 price going to know where to go to next for liquidity? Because just like you see
561 00:51:10 --> 00:51:14 on level two data and depth of market and ladders and whatnot, there can be
562 00:51:14 --> 00:51:19 spoofing. And spoofing is where someone with deep pockets can put, like a block
563 00:51:19 --> 00:51:25 of 500 contracts that they want to buy above here. Okay, it'll sit there, but
564 00:51:25 --> 00:51:28 if they're not really wanting to buy that, when it starts trading, getting
565 00:51:28 --> 00:51:32 close like that, they'll pull that order. It won't be there. So they ghost
566 00:51:32 --> 00:51:36 that whole entire order. But they know, a lot of you Jack legs out there that
567 00:51:36 --> 00:51:42 believe in this religion of level two data, you'll see that and say, Oh, wow,
568 00:51:42 --> 00:51:45 you know there's a there's a buyer at 500 contracts, and you think they knew
569 00:51:45 --> 00:51:51 something that you don't. And really, what we're doing is we're laying bait
570 00:51:52 --> 00:51:56 because we know retail traders like you are going to look at that and be enticed
571 00:51:56 --> 00:52:01 to do what think about what are you going to do? You're going to buy on a
572 00:52:01 --> 00:52:07 breakout, okay, you're going to expect it to get up there. You'll buy it and
573 00:52:07 --> 00:52:11 hope it breaks through and keeps going higher in the difference between where
574 00:52:11 --> 00:52:15 it's at now and where it goes if it goes up in a trade where that 500 block was
575 00:52:15 --> 00:52:20 being spoofed, spoofed is not really the intention of being filled at that price.
576 00:52:20 --> 00:52:23 They're just placing you just like you can put an order in. You can put an
577 00:52:23 --> 00:52:27 order in to buy on a stop up here, anybody can do that. But when they are
578 00:52:27 --> 00:52:33 being shown on level two data, it's a form of manipulation. It entices other
579 00:52:33 --> 00:52:38 traders with less informed, well psyche they don't have, they have, they have no
580 00:52:38 --> 00:52:42 idea what to anticipate in price. They just want to look for bells and whistles
581 00:52:42 --> 00:52:48 and inside little edges. And because depth of market, the DOM not dome. Dom
582 00:52:48 --> 00:52:53 has all these little numbers flashing around. It feels like you're Batman, and
583 00:52:53 --> 00:52:58 you have, you know, his his bat caving, and all these little things blinking and
584 00:52:58 --> 00:53:02 all these, wow. Someone comes in your room, looks over your shoulder. Look at
585 00:53:02 --> 00:53:07 this person. Wow. You are really scientific. You must be really smart and
586 00:53:07 --> 00:53:11 brave, brave to get out there and just take on the market like this. You got
587 00:53:11 --> 00:53:16 secret weapons, don't you? No, you're not NASA. You're not seeing they're not
588 00:53:16 --> 00:53:20 satellites. You're tracking on there. Okay? You're literally being tricked.
589 00:53:21 --> 00:53:28 You're literally being tricked. You're being enticed, baited, to chase these
590 00:53:28 --> 00:53:32 big blocks. I'm gonna say something that's gonna be shocking to you, but
591 00:53:32 --> 00:53:35 there's a lot of orders that never get shown there. There's a whole different
592 00:53:35 --> 00:53:38 market that you don't even know anything about, but I'm gonna leave that for
593 00:53:38 --> 00:53:43 another discussion, maybe, maybe a next space. But you don't need that stuff,
594 00:53:45 --> 00:53:49 and the algorithm doesn't need to know the actual number either. That's why
595 00:53:49 --> 00:53:54 I've said baby baby pips days. I said the algorithm doesn't know where your
596 00:53:54 --> 00:53:58 stop is, literally, and it doesn't know where my stop is. It doesn't. It just
597 00:53:58 --> 00:54:04 knows where old highs are where you're going to place that buy stock, or where
598 00:54:04 --> 00:54:07 that old low is where you're going to place that sell stop. You see how easy
599 00:54:07 --> 00:54:12 it is for a coder to put the language in, to go back to a reference point, go
600 00:54:12 --> 00:54:19 back a number of periods. Okay, what is that period? Well, referencing when I'm
601 00:54:19 --> 00:54:23 in a chart that low here. When we were trading here, I said it's going to go
602 00:54:23 --> 00:54:27 down, hit the sell side there, boom. Wait and see if it gets weighty. Does it
603 00:54:27 --> 00:54:32 get heavy? No, it comes right back into the range. It comes right back in one
604 00:54:32 --> 00:54:35 here, and then sends us right back into the old buy side liquidity pool. What is
605 00:54:35 --> 00:54:49 it referencing here, this old high, or highs, right here. These are Asia highs.
606 00:54:49 --> 00:54:56 They're relatively clean levels, so that that Pro that prolonged period of
607 00:54:56 --> 00:55:00 consolidation, where it's real smooth, like that, whenever it does. That you're
608 00:55:00 --> 00:55:04 going to get multiple times, that it's going to probe that same level. Buying
609 00:55:04 --> 00:55:08 and selling pressure is not pushing it there. The algorithm keeps offering it
610 00:55:08 --> 00:55:15 there. See, the algorithm is an AI. It used to be a collection of men that
611 00:55:15 --> 00:55:21 would manipulate the price of whatever market they were in charge of, but it's
612 00:55:21 --> 00:55:26 efficient now to have a structure just like Pac Man. Okay, remember, remember
613 00:55:26 --> 00:55:30 the game Pac Man. Pac Man starts his game here. He goes down, eats the power
614 00:55:30 --> 00:55:35 dot below here. Now he can run and go after the ghosts. Where's the ghost?
615 00:55:35 --> 00:55:41 Anybody that's short and has their orders up here? So it goes up there,
616 00:55:41 --> 00:55:45 eats up all of the ghosts, and then where he needs more power. So where's
617 00:55:45 --> 00:55:48 gonna get more power from? He's got to go down below that low here, because
618 00:55:48 --> 00:55:51 there's a power dot below that. Remember Pac Man. They had upper right hand
619 00:55:51 --> 00:55:56 corner. They had these real big white dots or balls. When he ate that, it made
620 00:55:56 --> 00:56:00 him immune to the ghosts that were trying to chase him down and kill him.
621 00:56:00 --> 00:56:03 And between where he was and before he got to that power dot would be these
622 00:56:03 --> 00:56:07 individual little dots, and he would eat them, okay? And that would cause your,
623 00:56:07 --> 00:56:13 your your score to go up. Well, the real score is when you eat the larger orders,
624 00:56:13 --> 00:56:18 which is the ghosts. And Pac Man, or price, goes from this area. After eats
625 00:56:18 --> 00:56:22 up all these ghosts, it needs more power, so it goes back down and eats the
626 00:56:22 --> 00:56:27 liquidity below that low. Once it gets that then it's energized again. Where's
627 00:56:27 --> 00:56:30 it going to go? Well, if it came down here and it isn't going to keep
628 00:56:30 --> 00:56:37 dropping, what do you look for old highs? Now, old highs is not just that.
629 00:56:38 --> 00:56:43 It's the ones I just showed you. It in Asia. That's an old high, because I'm
630 00:56:43 --> 00:56:46 not supplying demand. I cut through ranges. That's what the algorithm does.
631 00:56:46 --> 00:56:51 The algorithm is going to refer back to old price data that's pertinent to right
632 00:56:51 --> 00:56:57 now, because it's inside this range and now this high here, it rallies up, takes
633 00:56:57 --> 00:57:01 that here, and it's also sweeping above where that minor buy side liquidity pool
634 00:57:01 --> 00:57:10 is, or was in 930 or so Asia last night, if you strip away everything I said
635 00:57:10 --> 00:57:16 Today and you just simply looked at price like this,
636 00:57:28 --> 00:57:33 retail traders look at that and they are scratching their head thinking, how are
637 00:57:33 --> 00:57:41 people trading that? And I omit if you don't have any narrative skills, no idea
638 00:57:41 --> 00:57:45 of referencing where liquidity is, how price is going to use old reference
639 00:57:45 --> 00:57:52 points. This is this right here. This is complicated. It's very complicated
640 00:57:53 --> 00:57:56 because how can you make any heads or tails out of this back and forth
641 00:57:56 --> 00:58:03 gyration? But I laid down the map before we even started today, I gave it to you.
642 00:58:03 --> 00:58:09 I gave it to you, and it's using tools that I've handled for three decades.
643 00:58:09 --> 00:58:14 I've kept this stuff guarded for a long, long time, and I have looked at all of
644 00:58:14 --> 00:58:19 you through my screens for years, watching you fall victim to this stuff,
645 00:58:20 --> 00:58:26 and I've gifted it to the community. I've given it to you, and I have made
646 00:58:26 --> 00:58:31 millionaires all around the world, all around the world, some of them don't
647 00:58:31 --> 00:58:37 want to admit it, and others are upstanding folks and say, you know that
648 00:58:37 --> 00:58:41 man taught me, and I'm thankful, and I have a whole different appreciation for
649 00:58:41 --> 00:58:45 life, and, you know, a bright future. And that's what I'm wanting for you. I
650 00:58:45 --> 00:58:49 want you to do that. It didn't cost you anything to be here. It doesn't cost you
651 00:58:49 --> 00:58:52 anything to watch my videos. You don't have to watch my video. Really, you
652 00:58:52 --> 00:58:56 don't have to. But if you want to learn, I've made it available for you. But you
653 00:58:56 --> 00:59:01 just go in and you take bite sized bites of it, okay, digest as much as you can.
654 00:59:01 --> 00:59:05 Don't try to do too much at one time. Don't try to do like four videos over
655 00:59:05 --> 00:59:10 the weekend. Just pick one. Really listen to what I'm teaching. Because I'm
656 00:59:10 --> 00:59:13 not talking because I like the sound of my voice. I'm talking because I want you
657 00:59:13 --> 00:59:20 to know every facet, every minute detail, so that way that you know, that
658 00:59:20 --> 00:59:24 you know. And if you rush through a number of videos, you're gonna have
659 00:59:24 --> 00:59:28 questions that you're gonna feel like they never were answered, or I will
660 00:59:28 --> 00:59:32 never be able to answer, because so many people ask me all the time, can you do
661 00:59:32 --> 00:59:37 this? Can you do that? It's in the videos. 99.9% of the things that you're
662 00:59:37 --> 00:59:40 going to ask me is already out there, and you want me to save you a lot of
663 00:59:40 --> 00:59:45 time, and I would burn up all of my time if I did that for everyone, I got 2
664 00:59:45 --> 00:59:51 million people following me. What do you think that's like? It's it's hard to
665 00:59:51 --> 00:59:55 keep up with, so I have to build a barrier. So this is all I'm willing to
666 00:59:55 --> 00:59:59 do, not because I don't want to do more. It's just at some point I will wear.
667 01:00:00 --> 01:00:04 Myself down, which is what I did, and it affected my health, and I'm not going to
668 01:00:04 --> 01:00:08 go there again. So I have to have a balance in my life. I'm getting older,
669 01:00:08 --> 01:00:12 I'm not as strong as I used to be as a young man, and I have to pace myself.
670 01:00:12 --> 01:00:16 But it doesn't change the fact that you have this information available to you.
671 01:00:16 --> 01:00:21 It's it's in my YouTube channel, it's literally right there. All you have to
672 01:00:21 --> 01:00:26 do is pull up your sleeves and start watching any one of those playlists.
673 01:00:26 --> 01:00:29 Just pick one. Just start somewhere, because they're going to overlap.
674 01:00:29 --> 01:00:34 Everything gets talked about in other places again, because it needs to have
675 01:00:34 --> 01:00:39 repetition. And if you're like someone that listens to someone like me, where I
676 01:00:39 --> 01:00:43 care enough to teach the right way, and you feel like, you know, get to the
677 01:00:43 --> 01:00:48 point, guy, don't watch me, don't even, don't even look at any material, because
678 01:00:48 --> 01:00:52 it isn't for you. And I mean that it's not arrogance. I'm not trying to be
679 01:00:52 --> 01:00:56 narcissistic. It just means that you clearly are indicating that you're not
680 01:00:56 --> 01:01:00 someone that really wants to do this correctly and has the proper mindset,
681 01:01:00 --> 01:01:05 because if you're not patient enough to want to put the due diligence and time
682 01:01:05 --> 01:01:10 required to learn this highly technical stuff, you're competing folks. Listen to
683 01:01:10 --> 01:01:19 me. You are competing with the smartest people, the most most ruthless people,
684 01:01:19 --> 01:01:25 the most greedy individuals that's ever walked this planet. You think they're
685 01:01:25 --> 01:01:29 just gonna just bend over and let you just stick it up them, and they can
686 01:01:29 --> 01:01:32 empty their pockets and that's it. You can just walk away, and nobody's gonna,
687 01:01:32 --> 01:01:36 you know, do anything back to you. They're gonna make you earn it. They're
688 01:01:36 --> 01:01:39 gonna scare you at price runs that come out of nowhere, and it's gonna be, oh,
689 01:01:39 --> 01:01:44 man, what's going on? Where does happen? Oh, let me get my trade. And they'll
690 01:01:44 --> 01:01:47 entice you to make you think you're right about something. So you go and
691 01:01:47 --> 01:01:51 you'll buy more or sell sell more, and then they rip it against you. The other
692 01:01:51 --> 01:01:57 direction. They have the ability to do that, and they laugh at your idea of
693 01:01:57 --> 01:02:02 buying and selling pressure. They are the pressure. It's a pressure cooker,
694 01:02:02 --> 01:02:08 and if you don't know what I'm teaching, you're cooked. So if you found what I
695 01:02:08 --> 01:02:11 taught today insightful, feels helpful to you, yeah, just give me some
696 01:02:11 --> 01:02:15 feedback. Let me know. I know it's good, but I just want to hear it from you all
697 01:02:15 --> 01:02:19 until talk to you next time. Be safe and good. Trading you.