1 | 00:00:00 --> 00:00:07 | ICT: Oops. All right, so we are here on Tuesday, September 30, 2025 this is |
2 | 00:00:07 --> 00:00:12 | going to be a review on the forex market, starting with the usual |
3 | 00:00:12 --> 00:00:23 | suspects, Dollar Index, Euro, dollar and pound, dollar, short on time today, so |
4 | 00:00:23 --> 00:00:27 | I'm going to go through this little bit quicker than I normally do, and |
5 | 00:00:27 --> 00:00:32 | unfortunately, the annotations had to suffer as a result, because I have |
6 | 00:00:32 --> 00:00:36 | something to take care of with my wife. So everything's fine, but just you know |
7 | 00:00:36 --> 00:00:42 | it is the boss says we have to do this. So that means I have to do this. All |
8 | 00:00:42 --> 00:00:47 | right, so Dollar Index, we have daily chart on the left hand side, and we have |
9 | 00:00:47 --> 00:00:52 | this close, I'm sorry, this open on this down close candle. That's a bullish |
10 | 00:00:52 --> 00:00:58 | order block that blue line right there. Okay, that is the September 22 2025 |
11 | 00:00:59 --> 00:01:04 | daily open. It's this candlesticks opening price. Okay, so the dollar index |
12 | 00:01:05 --> 00:01:09 | traded lower into this old buy sign and balance cell sign efficiency that's |
13 | 00:01:09 --> 00:01:18 | shaded in blue, and hit that old order block level there. So right in here, as |
14 | 00:01:18 --> 00:01:23 | it hits that, there's most likely going to be some sensitivity off of that, so |
15 | 00:01:23 --> 00:01:32 | we'd have to then resume, probably up into the high of the old plasma Valley |
16 | 00:01:32 --> 00:01:37 | cell sound efficiency. And also it's a first return inside that. So that's |
17 | 00:01:37 --> 00:01:42 | usually pretty, pretty significant. It's also on a daily chart, so we can get a |
18 | 00:01:42 --> 00:01:48 | little bit of a pop there intraday, sending euro and cable lower. But by the |
19 | 00:01:48 --> 00:01:52 | time I get the video up, it's probably either didn't happen because today's |
20 | 00:01:52 --> 00:01:56 | been weird, or it happened and you're just gonna be like, well, you know, it's |
21 | 00:01:56 --> 00:01:59 | hindsight, and that's that's fine. It doesn't change the fact that it's |
22 | 00:02:00 --> 00:02:05 | advantageous for you to see it repetitious. Viewing over my shoulder |
23 | 00:02:05 --> 00:02:13 | helps you learn this. All right, so here at midnight, we have a fair value gap |
24 | 00:02:13 --> 00:02:19 | here that initially acts as a breakaway gap. Then we have continuation lower |
25 | 00:02:19 --> 00:02:29 | fair value gap there. Ignore the wicks. Okay, down. Sibi trades up into that as |
26 | 00:02:29 --> 00:02:35 | well, breaks lower into this low we rally away from that come all the way |
27 | 00:02:35 --> 00:02:45 | back up to how it's called encroachment of this daily premium wick and fair |
28 | 00:02:45 --> 00:02:52 | value gap. And goes, goes into a inversion fair value gap there, this low |
29 | 00:02:52 --> 00:02:55 | does not take out that low. We come all the way back up to the inversion fair |
30 | 00:02:55 --> 00:02:59 | value gap. Small, little errant wick there. It's normal. It's permissible. |
31 | 00:03:00 --> 00:03:04 | Notice the bodies are staying inside the inversion fair value gap. Okay, notice |
32 | 00:03:04 --> 00:03:08 | it's not classic support and resistance of this old high the bodies are being |
33 | 00:03:08 --> 00:03:15 | held inside of my PD array. This up close, candle casted forward, and you'll |
34 | 00:03:15 --> 00:03:18 | see that acts as an inversion fair value gap. That's why we're not supply and |
35 | 00:03:18 --> 00:03:22 | demand. Folks at a guy leave a comment saying, Well, I thought order blocks |
36 | 00:03:22 --> 00:03:26 | were basically supplying demand zones. You thought wrong, because you're |
37 | 00:03:26 --> 00:03:29 | hearing people on the internet that don't know they're talking about, talk |
38 | 00:03:29 --> 00:03:33 | about things they don't know talk about. So it's just that simple. Then it drops |
39 | 00:03:33 --> 00:03:38 | down, takes out the relative equal lows here and into that September 22 daily |
40 | 00:03:38 --> 00:03:44 | open, when that candlestick right there. So it'll be interesting to see what we |
41 | 00:03:44 --> 00:03:50 | do on the Asia and London session tonight on Dollar and Euro dollar in |
42 | 00:03:50 --> 00:03:56 | POUND DOLLAR. So it has the stage to do something if the dollar wants to resume |
43 | 00:03:56 --> 00:04:03 | or consolidate inside this old wick. Before I get in to your dollar next, I |
44 | 00:04:03 --> 00:04:07 | had a guy post in the comments on my YouTube channel that you don't see, but |
45 | 00:04:07 --> 00:04:15 | I see them okay. So just to prove that I do read them, the question is this, you |
46 | 00:04:15 --> 00:04:23 | know, what's what's causing the dollar index to be kind of like, well, unruly. |
47 | 00:04:23 --> 00:04:26 | Well, I mean, if you look at what's going on around the world, there's a lot |
48 | 00:04:26 --> 00:04:31 | of things that are wartime saber rattling. You know, we're potentially |
49 | 00:04:31 --> 00:04:38 | gonna do something to remove Maduro and Venezuela. And you know, we're beating |
50 | 00:04:38 --> 00:04:42 | our chest saying that we're ready and willing to do a war with Iran and |
51 | 00:04:42 --> 00:04:46 | Russia. I mean, listen, you know, we're pretty formidable as a country, and our |
52 | 00:04:46 --> 00:04:52 | military is pretty, pretty strong, but when things are starting to be spread |
53 | 00:04:52 --> 00:04:57 | out so thin, and nobody really wants to join the military anymore, and I'm |
54 | 00:04:57 --> 00:05:01 | telling you, my kids ain't joining, they. They can knock on the door, but |
55 | 00:05:01 --> 00:05:06 | they ain't here. So I want to tell you they're not fighting rich people's wars |
56 | 00:05:06 --> 00:05:10 | so they can get rich. Okay, that's, that's what this boils down to. And the |
57 | 00:05:10 --> 00:05:18 | dollar index is kind of displaying that on uncertainty, that I don't want to say |
58 | 00:05:18 --> 00:05:23 | the word nervousness, but it's it's being conveyed in the price action that |
59 | 00:05:23 --> 00:05:28 | it doesn't look good on the horizon, and doesn't mean it's going to go up, |
60 | 00:05:28 --> 00:05:32 | doesn't mean it's going to go down. It just means that it's just sitting there |
61 | 00:05:33 --> 00:05:38 | in a range. But gold is going straight up, which is basically the same thing as |
62 | 00:05:38 --> 00:05:44 | dollar going lower. It should be dropping, but it's not. It's being held |
63 | 00:05:44 --> 00:05:49 | there. So it's an artificial kind of consolidation. It's being held |
64 | 00:05:50 --> 00:05:53 | manipulation, basically, is the easiest way of saying it, and because usually |
65 | 00:05:53 --> 00:05:59 | the dollar index and gold are kind of inverted. One goes one direction, the |
66 | 00:05:59 --> 00:06:03 | other goes the other. And we've had a nice extrapolation to the upside on |
67 | 00:06:03 --> 00:06:06 | gold, but we have not seen that participation continue in the dollar |
68 | 00:06:06 --> 00:06:12 | index. So that's what's causing the problems for your currency pairs. So |
69 | 00:06:13 --> 00:06:19 | don't take up your frustration with me. I'm not doing it to it. Okay, I can |
70 | 00:06:19 --> 00:06:23 | promise you that, but let's continue and go to Euro, dollar quick. All right, so |
71 | 00:06:23 --> 00:06:28 | here's Euro daily chart over here. Old inefficiency, casting that forward, and |
72 | 00:06:28 --> 00:06:36 | we have this daily candlestick discount WIC is being graded here. Okay, so see |
73 | 00:06:36 --> 00:06:42 | that 70? I'm sorry, yeah, 75 level, the quadrant, lower quadrant at 1.17596 |
74 | 00:06:46 --> 00:06:51 | that's this level up here. Okay, so we hit it once here in London. We dropped |
75 | 00:06:51 --> 00:06:56 | all the way down trade into a bullish fair value. Got first running it up in |
76 | 00:06:56 --> 00:07:06 | there, hit the low of that inefficiency over here, sold off, hit the order block |
77 | 00:07:06 --> 00:07:11 | or fair value gap, rather up again, not to encroachment of the premium. Wick |
78 | 00:07:12 --> 00:07:17 | hits, it trades lower, consolidates in the initial bullish fair value gap, but |
79 | 00:07:17 --> 00:07:20 | now becomes an inversion fair value gap that did not change the color. Because I |
80 | 00:07:20 --> 00:07:24 | want you to see this on your own chart. It breaks lower, down into the |
81 | 00:07:25 --> 00:07:29 | inefficiency. Here goes below it comes right back in, treats it as an |
82 | 00:07:29 --> 00:07:34 | inversion, fair value gap trades down into an old bullish fair value gap now |
83 | 00:07:34 --> 00:07:41 | becomes an inversion. Fair value gap right here. This one, the downside of it |
84 | 00:07:41 --> 00:07:47 | trades higher, and then it starts to recumulate at that old order block. So |
85 | 00:07:47 --> 00:07:58 | it's a bullish reclaimed fair value gap. Same thing here, back up into the low of |
86 | 00:07:58 --> 00:08:05 | this discount wick, which is 1.17503 that's this level here comes all the way |
87 | 00:08:05 --> 00:08:10 | back down to the bullish fair value gap. So it's a reclaimed bullish fair value |
88 | 00:08:10 --> 00:08:15 | gap once more, rallies, consolidates inside the old fair value gap. So it's a |
89 | 00:08:15 --> 00:08:19 | reclaimed bullish fair value gap once more. Then they send it once more higher |
90 | 00:08:20 --> 00:08:26 | and relative equal highs here, but trading into that lower quadrant of that |
91 | 00:08:26 --> 00:08:34 | discount wick there, British pound, just a mess, just an utter mess, and we're |
92 | 00:08:34 --> 00:08:39 | stuck in between two wicks. Okay, so we have an old wick. You'll look at the |
93 | 00:08:39 --> 00:08:42 | older if you have it on your chart you've been watching, you know what |
94 | 00:08:42 --> 00:08:47 | these levels are anchored to, and this one up here. So we've basically |
95 | 00:08:47 --> 00:08:50 | entrapped between that. And the only thing that was noteworthy is the |
96 | 00:08:50 --> 00:08:54 | inversion fair value gap here, after taking sell side, relative equal lows, |
97 | 00:08:54 --> 00:08:59 | relative equal highs. So that that liquidity was taken first came up left, |
98 | 00:08:59 --> 00:09:04 | these buy stops there. You see that dove one more time lower. So that means this |
99 | 00:09:04 --> 00:09:11 | right here is absolutely going to be a murder, a PD Ray, so it's cast it |
100 | 00:09:11 --> 00:09:15 | forward, it's an inverse of your value gap, and hits it once more, and then |
101 | 00:09:15 --> 00:09:18 | comes right back up into the upper quadrant of this one right here at |
102 | 00:09:18 --> 00:09:25 | 1.34621 and that's there. And just an utter mess, okay? Just complete and |
103 | 00:09:25 --> 00:09:29 | utter mess. And if you traded POUND DOLLAR, you probably got yourself beat |
104 | 00:09:29 --> 00:09:38 | up today. Here is the Forex transitioning to futures. So we're |
105 | 00:09:38 --> 00:09:43 | focusing on index futures now, and our usual suspect is Christmas or December, |
106 | 00:09:44 --> 00:09:47 | mini Nasdaq futures contract, all |
107 | 00:09:48 --> 00:09:53 | right, left hand side daily chart, okay, and you can see we're part of a longer |
108 | 00:09:53 --> 00:09:56 | upturned that's why I left it like this. I didn't want to zoom in too much. I |
109 | 00:09:56 --> 00:10:01 | want to remind you that we're part of a primary bullish market. It. So don't |
110 | 00:10:01 --> 00:10:09 | think top. Okay. So we have a discount array in here in front of this wick, and |
111 | 00:10:09 --> 00:10:13 | this consequent encouragement of this premium wick right there, and we have |
112 | 00:10:13 --> 00:10:16 | the lower quadrant of this premium wick. So that's where your your levels are |
113 | 00:10:16 --> 00:10:21 | going to come from. It's shown over here to horizontal line. This line here is |
114 | 00:10:21 --> 00:10:27 | this consequent encroachment of that premium wick. All right, so we have fair |
115 | 00:10:27 --> 00:10:34 | value gap. It dropped lower, went into that old consequence of that premium |
116 | 00:10:35 --> 00:10:40 | wick, on this daily candle, traded through it, accumulated around it pulls |
117 | 00:10:40 --> 00:10:46 | fair value. Got here rallies, and then we have the first introduction to my |
118 | 00:10:46 --> 00:10:51 | first mention of it in public. I've never taught it before. I've never given |
119 | 00:10:51 --> 00:11:02 | it to anybody. This is my ICT suspension block, okay? And you'll see it with this |
120 | 00:11:02 --> 00:11:06 | wick laying over top of it. So you would never look at that as a fair value gap, |
121 | 00:11:06 --> 00:11:11 | not by the definitions of it initially, given, this is a bullish fair value gap, |
122 | 00:11:11 --> 00:11:15 | but this is not a bullish fair value gap in its classic sense. And if you look |
123 | 00:11:15 --> 00:11:20 | real close, there is a volume imbalance at the top and a volume of bounce at the |
124 | 00:11:20 --> 00:11:24 | bottom, even though this wick goes higher. Whenever you have one single |
125 | 00:11:24 --> 00:11:28 | candle that has a volume imbalance to the low and a volume imbalance to the |
126 | 00:11:28 --> 00:11:33 | high, that is going to act just like a fair value gap. And it does not matter |
127 | 00:11:33 --> 00:11:36 | if there's wicks that had already crossed over that to the left of it. |
128 | 00:11:37 --> 00:11:43 | Simply don't even worry about it's being suspended between two volume imbalances. |
129 | 00:11:43 --> 00:11:49 | That's why I named it suspension block. This is extremely strong. It's one of |
130 | 00:11:49 --> 00:11:53 | the most powerful. And there's more that I'm not going to share, okay, but just |
131 | 00:11:53 --> 00:11:56 | know that this is what I'm talking about. I have more stuff. I got more |
132 | 00:11:56 --> 00:12:00 | stuff. All these guys here copy and rebranding my stuff. You're never going |
133 | 00:12:00 --> 00:12:05 | to see this stuff in anybody else's work prior to me, but it'll be interesting to |
134 | 00:12:05 --> 00:12:09 | hear what they call it. But the suspension block is extremely bullish or |
135 | 00:12:09 --> 00:12:12 | bearish if it's reversed, and it's a down closed candle, and you have |
136 | 00:12:12 --> 00:12:17 | narrative and order flow moving is lower reaching for liquidity. Here we can see |
137 | 00:12:17 --> 00:12:21 | that it's going to be reaching up into 24, 819, and a quarter. Now you can look |
138 | 00:12:21 --> 00:12:25 | at that on the one minute chart. Scrub to the left, you'll see it's part of a |
139 | 00:12:25 --> 00:12:29 | volume imbalance. It's just the higher level of it. That's what that whole |
140 | 00:12:29 --> 00:12:33 | point was. That level, to me, was a volume imbalance, and because the sake |
141 | 00:12:33 --> 00:12:37 | of time and brevity, I didn't include it here. But you can go back and just scrub |
142 | 00:12:37 --> 00:12:40 | to the left on your one minute chart, and you'll see that. Keep going back, |
143 | 00:12:40 --> 00:12:48 | you'll find that there's a 24,008, 19.25 volume imbalance, and the lower level is |
144 | 00:12:48 --> 00:12:54 | just below by not by much. It's very small. But we trade down into this, I'm |
145 | 00:12:54 --> 00:12:59 | sorry, trade up into this suspension block too. Now I only change the colors |
146 | 00:12:59 --> 00:13:04 | here just to show that they're both suspension blocks, but this one's the |
147 | 00:13:04 --> 00:13:10 | larger one, and we're going to push this one forward in time. So the creation of |
148 | 00:13:10 --> 00:13:14 | this is, again, a volume and bounce at the top, a volume of bounce at the |
149 | 00:13:14 --> 00:13:17 | bottom. And it does not matter if there's a wick to the left. So if it |
150 | 00:13:17 --> 00:13:22 | looks like it's been redelivered or it's back and forth in the same area. It's |
151 | 00:13:22 --> 00:13:25 | still inefficient, and it's being highlighted algorithmically, because |
152 | 00:13:25 --> 00:13:29 | there's a volume imbalance for the lower and the higher end of it. Okay, it's |
153 | 00:13:29 --> 00:13:32 | very, very easy to spot. If you start scouring through your charts, you're |
154 | 00:13:32 --> 00:13:36 | going to see these things. They may they never have been noticed by you before, |
155 | 00:13:36 --> 00:13:40 | and I promise you, there has never been anybody else that's they're all going to |
156 | 00:13:40 --> 00:13:43 | pretend. You're gonna see these 20 year olds are gonna come out. Yeah, bro, I |
157 | 00:13:43 --> 00:13:46 | was doing this. I just never want to teach it in my Discord. I never want to |
158 | 00:13:46 --> 00:13:50 | teach it in my telegram channel. You always doing all my students been seeing |
159 | 00:13:50 --> 00:13:53 | me do I've been calling, I've been calling signals and shots with this man |
160 | 00:13:53 --> 00:13:57 | for this. Ask for broker statements proving they did the executions. Because |
161 | 00:13:57 --> 00:14:02 | I can, I can do that. They are not going to be able to do that. Okay. So the |
162 | 00:14:03 --> 00:14:09 | bottom line is, here we go. We have the bullish suspension block, and it trades |
163 | 00:14:09 --> 00:14:13 | down to it here, and then consequent encroachment over here. And then one |
164 | 00:14:13 --> 00:14:16 | more time it dies down into it here, consequent encroachment. Upper quadrant |
165 | 00:14:16 --> 00:14:21 | of it just almost to consequent encroachment. But notice the body |
166 | 00:14:21 --> 00:14:26 | respecting it. Here it trades to the 24,008 19 and a quarter. This is the run |
167 | 00:14:26 --> 00:14:32 | you watch me do. The trade was recorded and I shared it on x. I'm not going to |
168 | 00:14:32 --> 00:14:38 | put it on YouTube, because the full presentation at regular speed was |
169 | 00:14:38 --> 00:14:44 | promoted on my Twitter or x account. So you can see all that there, and where I |
170 | 00:14:44 --> 00:14:48 | place the stop, and how I manage the trade and whatnot. So the market breaks |
171 | 00:14:48 --> 00:14:52 | down, comes back up one more time into another suspension block. See this lower |
172 | 00:14:52 --> 00:14:56 | volume of balance, upper volume and balance. But because we had a reversal, |
173 | 00:14:56 --> 00:15:00 | when we come back down in it's going to act as what just like an. Inversion fair |
174 | 00:15:00 --> 00:15:04 | value gap. It changes its characteristic, so it trades up into |
175 | 00:15:04 --> 00:15:09 | consequent encroachment, breaks lower fair value gap digs past the first |
176 | 00:15:09 --> 00:15:15 | suspension block and down into the second one. See that, and rallies up, |
177 | 00:15:15 --> 00:15:21 | supports at the flow of this suspension block there. So there's discount |
178 | 00:15:21 --> 00:15:25 | sensitivity. Rallies up. Discount sensitivity at the high of it rallies |
179 | 00:15:25 --> 00:15:31 | volume and balance trades one more time up into the suspension block here. And |
180 | 00:15:31 --> 00:15:35 | because it's changed its character to that of being a premium array, the |
181 | 00:15:36 --> 00:15:39 | body's respecting it here. Look at the bodies. I mean, look at that. That's, |
182 | 00:15:39 --> 00:15:42 | that's technical science, and rallies up. Look at the body stopping right |
183 | 00:15:42 --> 00:15:46 | there. That's technical science. There's no algorithm. It's buying and selling |
184 | 00:15:46 --> 00:15:50 | pressure. I mean, I wish I had more time. I'd have so much fun with this. |
185 | 00:15:50 --> 00:15:53 | But it breaks lower, comes back up, constant encouragement, trades down to |
186 | 00:15:53 --> 00:15:57 | the volume of balance and then sends it higher back. These are just upper and |
187 | 00:15:57 --> 00:16:01 | lower quadrants respectively into this suspension block, all right, so moving |
188 | 00:16:01 --> 00:16:06 | forward, that's suspension block in the lower green one. I had that here, so you |
189 | 00:16:06 --> 00:16:11 | can see it in reference. Price rallies away from that inversion. Fair value gap |
190 | 00:16:11 --> 00:16:15 | was a Sibi now it's a bullish inversion. Fair value gap. Consequent encouragement |
191 | 00:16:15 --> 00:16:20 | sends it higher. Find support at the upper quadrant of the suspension blocker |
192 | 00:16:20 --> 00:16:25 | here, completely random. Rallies up, consolidates around the volume of |
193 | 00:16:25 --> 00:16:28 | balance that I told you to look for in the one minute chart to the left. |
194 | 00:16:29 --> 00:16:34 | Rallies up, Peter's out, comes down, and then fizzles out, and it creates the |
195 | 00:16:34 --> 00:16:39 | relative equal highs I mentioned at the opening. That was the level I was |
196 | 00:16:39 --> 00:16:42 | looking for. That was the first level I talked about. So whenever I talk about a |
197 | 00:16:42 --> 00:16:46 | level, the first mention of it, that's what I'm looking for. So if price is |
198 | 00:16:46 --> 00:16:48 | below that, so you know what I'm looking for, I'm looking for something that's |
199 | 00:16:49 --> 00:16:52 | bullish. So market breaks down, and then we go into this really ugly back and |
200 | 00:16:52 --> 00:16:55 | forth over top of the first present, the fair value gap, which I'll annotate in a |
201 | 00:16:55 --> 00:17:01 | minute, but just really back and forth. Had no support or affinity for the first |
202 | 00:17:01 --> 00:17:05 | presenter, backup. It just kept sweeping back and forth. And it's manipulation. |
203 | 00:17:05 --> 00:17:08 | They're watching us. Okay, that's what it is. They're just absolutely watching. |
204 | 00:17:08 --> 00:17:13 | They're waiting for me to say something very, very one sided. That way you all |
205 | 00:17:13 --> 00:17:19 | suffer for it. So they go up into the upper quadrant here of the suspension |
206 | 00:17:19 --> 00:17:28 | block, dive down into the bullish fair value gap in here. And we're using the |
207 | 00:17:28 --> 00:17:32 | lower volume of bounds and the candlesticks low here, hits it |
208 | 00:17:32 --> 00:17:34 | beautifully with the bodies, and then shows the rally away from that. And then |
209 | 00:17:34 --> 00:17:37 | we're gonna move forward in time again. Here's first present, the fair value |
210 | 00:17:37 --> 00:17:40 | gap. You can see all the movement, back and forth, back and forth, back and |
211 | 00:17:40 --> 00:17:44 | forth, back and forth, back and forth. And it wasn't until we got around in |
212 | 00:17:44 --> 00:17:50 | here where price left, the lower half here, we've done a lot of damage down |
213 | 00:17:50 --> 00:17:55 | here on the downside. And aiming for this area here, finally ripped for it. |
214 | 00:17:57 --> 00:18:03 | Break Away gap trades through it here. And then I mentioned that 24 857, buy |
215 | 00:18:03 --> 00:18:07 | side remained, so they came up and hit that Audi stopped right there |
216 | 00:18:07 --> 00:18:12 | beautifully, and sells off once more, back into first percent of fair value |
217 | 00:18:12 --> 00:18:17 | gap just again. No real respect of it at all, just complete manipulation, when, |
218 | 00:18:18 --> 00:18:23 | when the first percent of fair value gap does not have any kind of sway over the |
219 | 00:18:23 --> 00:18:27 | marketplace, and you don't see it being respected at all, no support, no |
220 | 00:18:27 --> 00:18:32 | resistance to it, no consolidations inside of it, which is the bodies it's |
221 | 00:18:32 --> 00:18:35 | indicating that we're in we're in trouble waters, so you have to just be |
222 | 00:18:35 --> 00:18:41 | careful. And I mentioned because the dollar index, gold and NASDAQ all fell |
223 | 00:18:41 --> 00:18:45 | overnight. That's not usually what you see. So it's a decoupling in the |
224 | 00:18:45 --> 00:18:48 | marketplace. So that makes it more likely that we're going to have high |
225 | 00:18:48 --> 00:18:52 | resistance liquidity run conditions, which is exactly what we had here today. |
226 | 00:18:53 --> 00:18:57 | Smart guy in the comment section on X, you learned today, didn't you? So the |
227 | 00:18:57 --> 00:19:02 | rally off of the consequent question over here hit that and then we start to |
228 | 00:19:02 --> 00:19:07 | have a little bit of respect over here, rallies back up, goes into a fair value |
229 | 00:19:07 --> 00:19:14 | guide that's bearish here, and then sells off, trades back down towards the |
230 | 00:19:14 --> 00:19:16 | halfway point of that level there, |
231 | 00:19:21 --> 00:19:30 | we did down to 24,007 22 and something. I can't remember what the price was, 22 |
232 | 00:19:30 --> 00:19:38 | and a quarter and we have eight. This should have been shaded in orange. |
233 | 00:19:39 --> 00:19:43 | That's inversion for your bag. That's what I get for rushing. Okay, hits it |
234 | 00:19:43 --> 00:19:48 | here, fair value gap there as well. Rallies a little fair value gap at the |
235 | 00:19:49 --> 00:19:53 | consequent encroachment of the old premium wick right there, see that? And |
236 | 00:19:54 --> 00:20:00 | then it rallies up again, no, come back down in and touching the. First for the |
237 | 00:20:00 --> 00:20:04 | fair I got it. Just kept on rallying. And then we had the old volume and |
238 | 00:20:04 --> 00:20:10 | balance 20 481, 9.25 level come in again, once more, and then rallies back |
239 | 00:20:10 --> 00:20:17 | up. And we'll see if it takes out the 24,008 63 level and make a higher high |
240 | 00:20:17 --> 00:20:25 | on the day. But all in all, it was very, very manipulated today. And I gave you |
241 | 00:20:25 --> 00:20:30 | the commentary before the market opened that it would be like this today. It |
242 | 00:20:30 --> 00:20:34 | would be problematic. I gave two liquidity pools. I said, look for things |
243 | 00:20:34 --> 00:20:38 | that are smooth. And obviously the buy side liquidity was mentioned at the 913 |
244 | 00:20:39 --> 00:20:44 | and 931 minute highs, as I mentioned just a moment ago, and it's right here. |
245 | 00:20:45 --> 00:20:53 | And then I gave the 24,007 01, I think of the court, and point two, five, those |
246 | 00:20:53 --> 00:20:57 | lows down here I liked. And if the news at 10 o'clock would have sent us lower, |
247 | 00:20:57 --> 00:21:01 | because we were not seeing a whole lot of rhyme or reason, and what was going |
248 | 00:21:01 --> 00:21:06 | on here, 10 O'Clock News. You want to sit and wait, and it just wasn't giving |
249 | 00:21:06 --> 00:21:12 | up anything that was useful so and there it is. But the first mentioned of any |
250 | 00:21:12 --> 00:21:17 | liquidity was this one here I gave you today, and then as it hit it, I said we |
251 | 00:21:17 --> 00:21:21 | would go to 24, 857, hit that, and then gave up the ghost rather aggressively, |
252 | 00:21:22 --> 00:21:26 | but just all in all this, if you, if you got hurt today, if you had difficulty, |
253 | 00:21:27 --> 00:21:32 | just, it's not something, it's not a knock against you, because this was very |
254 | 00:21:32 --> 00:21:37 | hard read. It was a very difficult read, not impossible to trade, obviously, but |
255 | 00:21:37 --> 00:21:44 | very, very difficult to read. And not, not high probability, not clean price |
256 | 00:21:44 --> 00:21:48 | action, not obvious PD arrays and obvious draw and liquidity and straight |
257 | 00:21:48 --> 00:21:52 | runs. This is high resistance liquidity run conditions where it just it's going |
258 | 00:21:52 --> 00:21:57 | to frustrate you, it's going to frustrate you. So one of the advantages |
259 | 00:21:57 --> 00:22:00 | of learning on I mean, is identifying the characteristics that lead up to |
260 | 00:22:00 --> 00:22:04 | these events, because the best skill set you can have as a trader is knowing when |
261 | 00:22:04 --> 00:22:11 | not to risk money. All right, I think that, folks, I appreciate you guys |
262 | 00:22:11 --> 00:22:15 | hanging out. I tried to get through this as fast I could. There's a whole lot |
263 | 00:22:15 --> 00:22:18 | more I could have said, and I guess we'll have to revisit that over the |
264 | 00:22:18 --> 00:22:23 | course of this week, till talk to you tomorrow. Lord willing, good luck and |
265 | 00:22:23 --> 00:22:23 | good trading. |