Skip to Content
Last modified by Drunk Monkey on 2025-10-06 11:10
Show last authors
1 (% class="hover min" %)
2 |1 |00:00:00 ~-~-> 00:00:05 |ICT: Good morning, folks, Welcome back. Hope you're all doing well. For the
3 |2 |00:00:05 ~-~-> 00:00:10 |folks in Telegram, I'm going to start off by doing a little housekeeping here.
4 |3 |00:00:11 ~-~-> 00:00:17 |I got a lot of comments sent to me asking me for the ongoing commentary or
5 |4 |00:00:18 ~-~-> 00:00:22 |any kind of charts or whatnot, to post that through x or what was formerly
6 |5 |00:00:22 ~-~-> 00:00:28 |known as Twitter. And the reason why it's better on Twitter, and I agree in
7 |6 |00:00:28 ~-~-> 00:00:38 |this regard, is because x or Twitter allows you to translate, and telegram
8 |7 |00:00:39 ~-~-> 00:00:44 |doesn't easily do that. I think there are things out there that help do that,
9 |8 |00:00:44 ~-~-> 00:00:49 |but it's so cumbersome and so much of a challenge for me as the content creator,
10 |9 |00:00:49 ~-~-> 00:00:55 |to help facilitate that need from everyone all around the world. So it's
11 |10 |00:00:55 ~-~-> 00:00:59 |much easier for me to just post my commentary, if it's, you know, if it's
12 |11 |00:00:59 ~-~-> 00:01:03 |live and I'm not doing a live stream, it's better for me to post it right on
13 |12 |00:01:04 ~-~-> 00:01:09 |x, so that way everyone that's following me on X, they can hit the little
14 |13 |00:01:09 ~-~-> 00:01:16 |translate function that x so graciously allows for the posts that I make in the
15 |14 |00:01:16 ~-~-> 00:01:25 |telegram are primarily focused just on the PDF and the notes. Okay, I have been
16 |15 |00:01:25 ~-~-> 00:01:29 |distracted with preparing for a road trip and getting my house ready for my
17 |16 |00:01:29 ~-~-> 00:01:35 |oldest to take care of my little ones, my pups, while we're gone. And that's
18 |17 |00:01:36 ~-~-> 00:01:40 |it's causing me to, you know, have a lapse in focus and concentration. So
19 |18 |00:01:40 ~-~-> 00:01:44 |that's the reason why you haven't got anything. But yesterday, I did some live
20 |19 |00:01:44 ~-~-> 00:01:50 |posting on x so that way you can get all your screenshots and such from that.
21 |20 |00:01:50 ~-~-> 00:01:55 |That would be like the the consolation prize for those that were waiting for
22 |21 |00:01:55 ~-~-> 00:02:00 |things that appear in telegram. These charts will appear in telegram shortly
23 |22 |00:02:00 ~-~-> 00:02:06 |after it posts on YouTube this morning, and then tonight, I'll do another round
24 |23 |00:02:06 ~-~-> 00:02:11 |up of what market did today. No live commentary on x. Like I said, I have
25 |24 |00:02:11 ~-~-> 00:02:16 |lots of things to take care of before I head out. So anyway, let's get this ball
26 |25 |00:02:16 ~-~-> 00:02:21 |rolling here. Appreciate the patience while I get through that bit of
27 |26 |00:02:21 ~-~-> 00:02:25 |business. A lot of you know like to go and run your mouth about how I don't get
28 |27 |00:02:25 ~-~-> 00:02:30 |right to the point I talk too much. If I don't talk enough, you won't learn. So
29 |28 |00:02:30 ~-~-> 00:02:35 |this is the focus on forex portion of it, where we look at the usual suspects,
30 |29 |00:02:35 ~-~-> 00:02:42 |dollar, euro, dollar and cable pound, dollar. All right, I'm gonna go through
31 |30 |00:02:42 ~-~-> 00:02:50 |this. Through this rather briefly so we can get through it. Left hand side, as
32 |31 |00:02:50 ~-~-> 00:02:55 |always, dollar chart is the daily and the right hand dollar chart is the five
33 |32 |00:02:55 ~-~-> 00:03:00 |minute chart. So I have the positive balance outside efficiency annotated in
34 |33 |00:03:00 ~-~-> 00:03:05 |here, and the last three days have been pretty much a nothing burger. We had a
35 |34 |00:03:05 ~-~-> 00:03:09 |little bit of a run in here, and I'll explain why that took place. And before
36 |35 |00:03:09 ~-~-> 00:03:15 |I go any further now on that remark, hopefully I've earned for the new
37 |36 |00:03:15 ~-~-> 00:03:21 |viewers that don't know me when I talk about things in retrospect, or if I look
38 |37 |00:03:21 ~-~-> 00:03:28 |at it in teaching, means of communicating, this is why price reacted
39 |38 |00:03:28 ~-~-> 00:03:31 |this way. And it's in hindsight, I'm the one that went out there this week and
40 |39 |00:03:31 ~-~-> 00:03:38 |told you the very low of the day on nq, like rate as it was happening. I gave
41 |40 |00:03:38 ~-~-> 00:03:44 |you every level and everything so and told you it all time high. Hint, hint,
42 |41 |00:03:44 ~-~-> 00:03:48 |notch. So anyway, I've earned it, and if you don't believe that, if you don't
43 |42 |00:03:48 ~-~-> 00:03:51 |agree, then move on, because I don't have time for people like that. Either,
44 |43 |00:03:51 ~-~-> 00:03:55 |Luke, you know, lukewarm and we spit you out, or you're on fire. And you want to
45 |44 |00:03:55 ~-~-> 00:03:59 |learn here, that's how it works. So the last three days, it's been pretty much
46 |45 |00:03:59 ~-~-> 00:04:02 |nothing, except for this little price run in here, and you can see that we
47 |46 |00:04:02 ~-~-> 00:04:05 |traded down into consequent encroachment, which is the midpoint of
48 |47 |00:04:05 ~-~-> 00:04:10 |this buy some balance cell, sign, efficiency, fair value gap. Okay, and we
49 |48 |00:04:10 ~-~-> 00:04:16 |dug deeper into this order block, which is a daily chart, PD array. But I want
50 |49 |00:04:16 ~-~-> 00:04:21 |to bring some more things into focus. I want to show you by grading the
51 |50 |00:04:21 ~-~-> 00:04:25 |inefficiency of this bison and balance outside efficiency, you can see it came
52 |51 |00:04:25 ~-~-> 00:04:31 |right down into lower quadrant. You see that that comes in at 97 52.6 are you in
53 |52 |00:04:31 ~-~-> 00:04:37 |here? Okay. And then we had that rally that took out relative equal highs and
54 |53 |00:04:37 ~-~-> 00:04:45 |buy side, continuing on, if you use the discount WIC here like a gap and we
55 |54 |00:04:45 ~-~-> 00:04:51 |grade those as well, you can see that we came down to that also. And here is
56 |55 |00:04:52 ~-~-> 00:04:57 |where you blend both of those concepts together. The inefficiency of the daily
57 |56 |00:04:57 ~-~-> 00:05:01 |fair value gap is, in and of itself, wonderful. Well, but if you have a wick
58 |57 |00:05:01 ~-~-> 00:05:07 |like this, okay, that goes and travels towards the lower end, either touches it
59 |58 |00:05:07 ~-~-> 00:05:12 |or maybe even go just below it, a little bit outside the range, which is
60 |59 |00:05:12 ~-~-> 00:05:15 |permissible, because the wicks are allowed to do the damage, and the bodies
61 |60 |00:05:15 ~-~-> 00:05:19 |will keep the narrative underway. That way, you'll follow the narrative of
62 |61 |00:05:19 ~-~-> 00:05:24 |price action more accurately, if you follow just the body's printing and the
63 |62 |00:05:24 ~-~-> 00:05:28 |wicks are just, you know, the worst case scenario, your stock gets tagged, or the
64 |63 |00:05:28 ~-~-> 00:05:32 |best case scenario, you take someone else's stop and enter there. Okay, so
65 |64 |00:05:32 ~-~-> 00:05:36 |that's the story behind the wick, the legend of the wick, the discount wick,
66 |65 |00:05:37 ~-~-> 00:05:40 |on this one here. Why am I, why am I picking this one? Why am I not talking
67 |66 |00:05:40 ~-~-> 00:05:44 |about this one? Why am I not talking about that one? Because this one is the
68 |67 |00:05:44 ~-~-> 00:05:49 |most elongated to the downside. It means it's the longest one, and it also meets
69 |68 |00:05:49 ~-~-> 00:05:52 |the criteria of trading back to the low with this bullish fair value gap. So
70 |69 |00:05:52 ~-~-> 00:05:56 |there's a rhyme and reason as to why I picked certain candlesticks. It's not
71 |70 |00:05:56 ~-~-> 00:06:01 |willy nilly and not cherry picking, okay, but if you do that in concert with
72 |71 |00:06:01 ~-~-> 00:06:06 |the Boston and Val cell phone efficiency fair value gap, you get perfection,
73 |72 |00:06:07 ~-~-> 00:06:11 |baby. Don't believe me, look at your dollar chart, and you'll see that the
74 |73 |00:06:11 ~-~-> 00:06:20 |low of that tick right there is exactly 97 522, which is the lower quadrant of
75 |74 |00:06:20 ~-~-> 00:06:26 |that discount wick turned on a dime and rallied, consolidated around the
76 |75 |00:06:26 ~-~-> 00:06:30 |consequent encroachment of the fair value gap from the daily chart, rallied
77 |76 |00:06:30 ~-~-> 00:06:39 |up and where to go up into here. This is a mystery, right? Mysteries, cost could
78 |77 |00:06:39 ~-~-> 00:06:45 |be doing again. Okay. Well, here you go. You have the sell sign imbalance, buy
79 |78 |00:06:45 ~-~-> 00:06:49 |sign efficiency, right? Yes. But more specifically, it's a suspension block. I
80 |79 |00:06:49 ~-~-> 00:06:53 |already see people out there sharing things with me and other people already
81 |80 |00:06:53 ~-~-> 00:06:56 |they're talking about here. Look at this move here I did with the suspension
82 |81 |00:06:56 ~-~-> 00:07:01 |block, and they're anchoring to a candlestick that has absolutely nothing
83 |82 |00:07:01 ~-~-> 00:07:07 |to do with a suspension block. The candle has to have a volume and balance
84 |83 |00:07:07 ~-~-> 00:07:11 |at the high end of it, and it has to have a volume and balance at the low end
85 |84 |00:07:11 ~-~-> 00:07:16 |of it. And we annotate the volume balance low to volume and balance high.
86 |85 |00:07:17 ~-~-> 00:07:24 |We do not use the wicks in between. Then if you do that just by the volume of
87 |86 |00:07:24 ~-~-> 00:07:28 |balance high and the volume of balance low, you're getting the suspension block
88 |87 |00:07:28 ~-~-> 00:07:33 |the range, and you can grade that. And if there's an inefficiency between the
89 |88 |00:07:33 ~-~-> 00:07:39 |two wicks, clearly, you can use that, but for suspension block annotations and
90 |89 |00:07:39 ~-~-> 00:07:43 |for that narrative, or using the principles I'm showing you here. That's
91 |90 |00:07:43 ~-~-> 00:07:47 |my ICT suspension block. If anybody's showing you examples where the
92 |91 |00:07:47 ~-~-> 00:07:50 |candlestick they're anchored to doesn't have a volume and bounce on both sides,
93 |92 |00:07:50 ~-~-> 00:07:53 |and they're not anchored on the lowest of the volume, and bounce on the low end
94 |93 |00:07:53 ~-~-> 00:07:56 |and the highest portion of the volume and bounce on the high end. It is not
95 |94 |00:07:56 ~-~-> 00:08:00 |being annotated correctly, and they are talking out their rear end. Okay, I
96 |95 |00:08:00 ~-~-> 00:08:03 |understand you all want to run out there and start using something you don't even
97 |96 |00:08:03 ~-~-> 00:08:06 |know. Okay, just like when I was teaching martial arts or I show a magic
98 |97 |00:08:06 ~-~-> 00:08:09 |trick to somebody, they automatically want to go out and think they can do it
99 |98 |00:08:09 ~-~-> 00:08:12 |themselves, and they end up hurting themselves, or they hurt their pride. So
100 |99 |00:08:12 ~-~-> 00:08:15 |just settle down because you haven't learned anything about it yet and just
101 |100 |00:08:15 ~-~-> 00:08:19 |introduced it. But this is a suspension block. It's a premium, premium. PDA,
102 |101 |00:08:19 ~-~-> 00:08:24 |right? Because price was down here, rallied up down from where lower
103 |102 |00:08:24 ~-~-> 00:08:30 |quadrant of the discount Wickham daily chart here up into this range. So if
104 |103 |00:08:30 ~-~-> 00:08:36 |this suspension block is graded, you can see getting up into the upper quadrant.
105 |104 |00:08:36 ~-~-> 00:08:42 |That's this right here. So we wick up into it, and then we drop back down, and
106 |105 |00:08:42 ~-~-> 00:08:45 |we go into no man's land, where there's no reason for price to be traded to in
107 |106 |00:08:45 ~-~-> 00:08:51 |between inefficiency by the suspension block on the daily chart and the fair
108 |107 |00:08:51 ~-~-> 00:08:55 |value gap on the daily chart, and that was the rhyme and reason as to why it
109 |108 |00:08:55 ~-~-> 00:08:58 |did what it did here. Now obviously you would expect, when we go over to Euro,
110 |109 |00:08:58 ~-~-> 00:09:02 |dollar and cable, there's going to be a short, which would be a mirror image of
111 |110 |00:09:02 ~-~-> 00:09:08 |all this business down here. And as you would see here, we have a self centered,
112 |111 |00:09:08 ~-~-> 00:09:11 |balanced, buy side efficiency on the euro, dollar daily chart on the left,
113 |112 |00:09:11 ~-~-> 00:09:18 |the market rallies up here a couple days ago, and when it trades up into this
114 |113 |00:09:20 ~-~-> 00:09:23 |five minute chart. Okay, trades to 1.1755
115 |114 |00:09:29 ~-~-> 00:09:34 |it's in the bottom area of this cell. Sign on balance by signing efficiency.
116 |115 |00:09:35 ~-~-> 00:09:46 |Okay, this grading in here before just this look right there on Wednesday's
117 |116 |00:09:46 ~-~-> 00:09:53 |trading. That's this rally up here. Now I anchored a fib from the high down to
118 |117 |00:09:53 ~-~-> 00:10:00 |that low. So this is point A, point B, if you use a standard. Deviation on your
119 |118 |00:10:00 ~-~-> 00:10:11 |Fib of positive two, you'll get 1.16892 that's point C. Okay, that's a swing
120 |119 |00:10:11 ~-~-> 00:10:16 |projection. I teach this in the 2016 2017 paid mentorship content that I've
121 |120 |00:10:16 ~-~-> 00:10:20 |uploaded for free. You can find the playlist on my YouTube channel, inner
122 |121 |00:10:20 ~-~-> 00:10:30 |circle trader. And we also have the bodies pretty much nailing that, and the
123 |122 |00:10:30 ~-~-> 00:10:36 |errant price action is afforded to us by seeing this drop down into September 11,
124 |123 |00:10:36 ~-~-> 00:10:43 |2025, daily discount WIC upper quadrant. That's this candle here. That's
125 |124 |00:10:43 ~-~-> 00:10:49 |September 11 discount wick. The purple line right there. That's the upper
126 |125 |00:10:49 ~-~-> 00:10:55 |quadrant at 1.16861 and that's what you're seeing here. That's what's being
127 |126 |00:10:55 ~-~-> 00:11:00 |delivered there. And then we had that reaction up into old order flow. So from
128 |127 |00:11:00 ~-~-> 00:11:05 |this Jump Street, we dropped down this fit was a moment that would have been
129 |128 |00:11:05 ~-~-> 00:11:10 |otherwise a breakaway gap. Annotated there, we have inversion fair pay gap.
130 |129 |00:11:11 ~-~-> 00:11:17 |Close candlestick right there, and we went below it, came back up, stayed in
131 |130 |00:11:17 ~-~-> 00:11:21 |the lower half, which is ideal, inside of a small bearish fair value gap as
132 |131 |00:11:21 ~-~-> 00:11:27 |well, sells off, breaks the low, and we have all this redelivery back and forth
133 |132 |00:11:27 ~-~-> 00:11:32 |with these wicks, back and forth. So this discount wick, we grade that. So
134 |133 |00:11:32 ~-~-> 00:11:36 |when price is below it, it's going to act as a premium array. It stops right
135 |134 |00:11:36 ~-~-> 00:11:39 |here after wicking through it. It stops right here at the consequent
136 |135 |00:11:39 ~-~-> 00:11:42 |encroachment. But the bodies. Look at the bodies, see it's telling you the
137 |136 |00:11:42 ~-~-> 00:11:47 |narrative. It's staying in the lower half of this discount wick that's going
138 |137 |00:11:47 ~-~-> 00:11:51 |to act as a premium array. But more specifically, the bodies are staying at
139 |138 |00:11:51 ~-~-> 00:11:57 |the lower quadrant that is indicative of strength or weakness, weakness and
140 |139 |00:11:57 ~-~-> 00:12:01 |market fall that a bit one more time the body's respecting the low of that wick
141 |140 |00:12:03 ~-~-> 00:12:08 |breaks lower order block mean threshold hits it beautifully. And then we have
142 |141 |00:12:08 ~-~-> 00:12:13 |the market trade down into the targets I've given you here, maybe going into
143 |142 |00:12:13 ~-~-> 00:12:20 |POUND DOLLAR. This one's very similar. We had an old inefficiency up here,
144 |143 |00:12:20 ~-~-> 00:12:24 |creating the premium wick there. Price trades up into constant encroachment of
145 |144 |00:12:24 ~-~-> 00:12:30 |that premium wick, right there. So point A, point B, point C. If dollar is going
146 |145 |00:12:30 ~-~-> 00:12:34 |to go higher, then we're going to be looking for the opposite in cable and
147 |146 |00:12:34 ~-~-> 00:12:40 |fiber. And cable is POUND DOLLAR, fiber is euro. Dollar drops down, Breakaway
148 |147 |00:12:40 ~-~-> 00:12:44 |gap, institutional workflow entry drill, which is just entering an old
149 |148 |00:12:44 ~-~-> 00:12:48 |inefficiency, just by a little bit, by one fraction, maybe one or two ticks
150 |149 |00:12:48 ~-~-> 00:12:52 |above the framework that would constitute a bearish fair value gap. And
151 |150 |00:12:52 ~-~-> 00:12:59 |then we drop lower. We have an inversion fair value gap there. And we also have a
152 |151 |00:12:59 ~-~-> 00:13:05 |premium wick that's graded here. So look out staying in the lower quadrant of
153 |152 |00:13:05 ~-~-> 00:13:10 |that, respecting the halfway point of that wick and its inversion pair value
154 |153 |00:13:10 ~-~-> 00:13:16 |gap, it's staying at the consequent encroachment of that at dotted line. So
155 |154 |00:13:16 ~-~-> 00:13:19 |the market breaks lower. You want to look at this area in here on your own
156 |155 |00:13:19 ~-~-> 00:13:28 |charts. We break lower crane all the way down into point C, and that comes in at
157 |156 |00:13:28 ~-~-> 00:13:33 |this premium wick. Now, why am I picking this one? Why can't I use this one?
158 |157 |00:13:33 ~-~-> 00:13:36 |Well, you could have, when price was starting to drop down, you would be
159 |158 |00:13:36 ~-~-> 00:13:43 |using that. But also, if it keeps dropping lower this area here, it's
160 |159 |00:13:43 ~-~-> 00:13:48 |below what would be in this candlestick, right? So you'd be referring back to
161 |160 |00:13:48 ~-~-> 00:13:52 |that same range as well, because it's treated just like a gap. So you grade
162 |161 |00:13:52 ~-~-> 00:13:58 |that as well. And price trades down to the lower quadrant beautifully, and it
163 |162 |00:13:58 ~-~-> 00:14:03 |agrees with the swing projection down here. So just a really nice little drop
164 |163 |00:14:03 ~-~-> 00:14:07 |here for cable. Otherwise, this this week in forex has been pretty much a
165 |164 |00:14:07 ~-~-> 00:14:10 |nothing burger. I mean, to me, this is the only thing that's been noteworthy.
166 |165 |00:14:14 ~-~-> 00:14:20 |All right, we are in focusing on index futures, and the usual suspect is the
167 |166 |00:14:21 ~-~-> 00:14:28 |Christmas mini Nasdaq futures contract. All right. Daily chart left hand side
168 |167 |00:14:28 ~-~-> 00:14:33 |this premium WIC. That's what's being highlighted with these gradient levels
169 |168 |00:14:33 ~-~-> 00:14:37 |here with the FIB, and you can see that down here. I started the live session,
170 |169 |00:14:37 ~-~-> 00:14:42 |live stream on YouTube. I talked about all these things live. So everything I'm
171 |170 |00:14:42 ~-~-> 00:14:45 |gonna talk about here, except for the pm session, because I wasn't with you in
172 |171 |00:14:45 ~-~-> 00:14:48 |the pm session, everything the morning session, I gave you a live as it was
173 |172 |00:14:48 ~-~-> 00:14:55 |happening, explaining it, talking to you. Actually, I said YouTube did not I
174 |173 |00:14:55 ~-~-> 00:15:00 |meant to say X. I was posting things on x, so I just made a mistake. There. Is
175 |174 |00:15:00 ~-~-> 00:15:06 |the intermediate term sell side. Liquidity pool is underneath this low
176 |175 |00:15:07 ~-~-> 00:15:11 |and below the gradient level this and it's anchored to the order block that's
177 |176 |00:15:11 ~-~-> 00:15:17 |here. There's a huge down close series of candlesticks that is a bullish order
178 |177 |00:15:17 ~-~-> 00:15:20 |block and change in the state of delivery. So that price is the open you
179 |178 |00:15:20 ~-~-> 00:15:24 |extend that forward. That's what this blue line is over here. That's the bull
180 |179 |00:15:24 ~-~-> 00:15:29 |shorter block. Okay, so we trade down into the gradient levels of that premium
181 |180 |00:15:29 ~-~-> 00:15:34 |wick on the daily chart, and you can see how it's being respected there and then
182 |181 |00:15:34 ~-~-> 00:15:38 |rallied up. Now, what caused this? Now I'm going to say something, and I know
183 |182 |00:15:38 ~-~-> 00:15:42 |some of you people just simply won't believe this, okay, but I was literally
184 |183 |00:15:42 ~-~-> 00:15:47 |minutes away from going on x and posting that, if you're long, you want to be
185 |184 |00:15:47 ~-~-> 00:15:53 |taking that off now and prepare for Thursday's effect, where the market
186 |185 |00:15:53 ~-~-> 00:15:58 |tends to have, well, when it's been going up, it likes to create these false
187 |186 |00:15:58 ~-~-> 00:16:02 |highs, and it can start to pull back. So the government shut down right now in
188 |187 |00:16:02 ~-~-> 00:16:06 |the US, and as far as I'm certain, they haven't been working for decades, so
189 |188 |00:16:06 ~-~-> 00:16:10 |they should get their pay hub as well. But the point is, it drops
190 |189 |00:16:10 ~-~-> 00:16:13 |precipitously. And I wish I would have had the time to get on x and do this,
191 |190 |00:16:13 ~-~-> 00:16:17 |because I don't want to really look a lot of rock star, but it is what it is.
192 |191 |00:16:17 ~-~-> 00:16:20 |Just take my word for it. I was going to do it, but it didn't find my way to x in
193 |192 |00:16:20 ~-~-> 00:16:25 |time to post it. And it moved too fast for me to mention it in in this area
194 |193 |00:16:25 ~-~-> 00:16:30 |here, because it was too quick and dropping phase down into the order
195 |194 |00:16:30 ~-~-> 00:16:34 |block. And then we started meandering around here. So we'll go into the one
196 |195 |00:16:34 ~-~-> 00:16:37 |minute charts, and these will look familiar, because this was I was posting
197 |196 |00:16:37 ~-~-> 00:16:43 |on X, okay. And here's the regular trading hours opening price that starts
198 |197 |00:16:43 ~-~-> 00:16:47 |the opening range high. Why it's at the high? It's because we closed previous
199 |198 |00:16:47 ~-~-> 00:16:51 |days, regular trading hours here at this price. And you can see the annotation
200 |199 |00:16:51 ~-~-> 00:16:56 |there, and this is a full gap closure, and the intermediate term sell side
201 |200 |00:16:56 ~-~-> 00:17:02 |liquidity was never taken. So that is bullish or bearish, bullish, and then we
202 |201 |00:17:02 ~-~-> 00:17:07 |meandered up back into this cell sign imbalance by sign efficiency. And I'm
203 |202 |00:17:07 ~-~-> 00:17:10 |certain that some of you wanted to know why I annotated that one. Why did I
204 |203 |00:17:10 ~-~-> 00:17:15 |annotate this particular cell sign imbalance by sign efficiency and labeled
205 |204 |00:17:15 ~-~-> 00:17:21 |it in inversion fair value gap, and say, not this one? Okay, well, it's because
206 |205 |00:17:21 ~-~-> 00:17:26 |we had the straight run right from the opening down to here. We created a short
207 |206 |00:17:26 ~-~-> 00:17:31 |term low, and then we rally back up into this gap. So that's a fair value gap
208 |207 |00:17:31 ~-~-> 00:17:36 |that's bearish, and then sells off again and creates a lower low. Whenever you
209 |208 |00:17:36 ~-~-> 00:17:41 |see market structure, create a low with a lower low. If there's an imbalance in
210 |209 |00:17:41 ~-~-> 00:17:44 |there, there's a huge probability that's going to become an inversion fair value
211 |210 |00:17:44 ~-~-> 00:17:48 |gap. It doesn't mean it's going to happen immediately, but it means that
212 |211 |00:17:48 ~-~-> 00:17:54 |you need to be aware of that one because there's a structural run on liquidity,
213 |212 |00:17:54 ~-~-> 00:17:58 |where it drops, comes back a little bit and runs a lower low. Anyone that was
214 |213 |00:17:58 ~-~-> 00:18:03 |trying to catch a low here or bottom they get slaughtered. But that
215 |214 |00:18:03 ~-~-> 00:18:09 |inefficiency that run down there is going to behave many times in the future
216 |215 |00:18:10 ~-~-> 00:18:13 |as a inversion, fair value gap in the book. I'll give you more details. I
217 |216 |00:18:13 ~-~-> 00:18:16 |don't want to give everything out here right now, because everybody's taking
218 |217 |00:18:16 ~-~-> 00:18:19 |notes right now, and there's throwing AI books together and putting them on
219 |218 |00:18:20 ~-~-> 00:18:24 |Amazon, and it's just, I think it's cute that they're all trying to, you know,
220 |219 |00:18:25 ~-~-> 00:18:28 |talk like think and pretend they know what I'm talking about. They don't,
221 |220 |00:18:28 ~-~-> 00:18:34 |okay, but their book sales are going to suffer soon. But the market uses this
222 |221 |00:18:34 ~-~-> 00:18:38 |range here after it hits the full complete gap closure, comes back up to
223 |222 |00:18:38 ~-~-> 00:18:44 |consequent encroachment of it full gap closure, and then drops down into an
224 |223 |00:18:44 ~-~-> 00:18:47 |order block here. And I said, this is where we're at, the line in the sand,
225 |224 |00:18:47 ~-~-> 00:18:53 |where either we run for intermediate term buy side, and if it's going to go
226 |225 |00:18:53 ~-~-> 00:18:57 |there, what's what's resting above that first presented fair value gap, okay?
227 |226 |00:18:57 ~-~-> 00:19:00 |And on X, I mentioned that some of you may look at this one here and call that
228 |227 |00:19:00 ~-~-> 00:19:04 |first presented fair value gap. It is a fair value gap. But when I like to look
229 |228 |00:19:04 ~-~-> 00:19:09 |for the specifics around trading with the narrative of first presented fair
230 |229 |00:19:09 ~-~-> 00:19:13 |value gap, I want to look for the first one that has the very clear distinction
231 |230 |00:19:13 ~-~-> 00:19:18 |between something like that, which is very small. It's only like a tick, a
232 |231 |00:19:18 ~-~-> 00:19:21 |couple ticks, rather handful of ticks, and then you have a couple handles here
233 |232 |00:19:22 ~-~-> 00:19:25 |that's much more prominent. It's much more obvious. It's a more
234 |233 |00:19:27 ~-~-> 00:19:31 |visual displacement in price action, versus small, little, tiny separations,
235 |234 |00:19:31 ~-~-> 00:19:35 |which is a common gap. This is not a common gap. This is first presented
236 |235 |00:19:35 ~-~-> 00:19:40 |displacement by definition, first presented very bad gap. Okay, so why is
237 |236 |00:19:40 ~-~-> 00:19:46 |this intermediate term buy side? Because it's the buy side above this whole bit
238 |237 |00:19:46 ~-~-> 00:19:50 |of business, retracing higher and then went and made a lower low, closing the
239 |238 |00:19:50 ~-~-> 00:19:55 |entire opening range gap. So the liquidity that's resting above these
240 |239 |00:19:55 ~-~-> 00:19:59 |relative equal highs, that's intermediate term. These are minor.
241 |240 |00:20:00 ~-~-> 00:20:04 |Because it's inside this price leg that made the lower low at closing that
242 |241 |00:20:04 ~-~-> 00:20:09 |opening range gap. So it's all structure related, in terms of classifying market
243 |242 |00:20:09 ~-~-> 00:20:13 |structure, highs, lows, enemy term highs, intermittent lows, short term
244 |243 |00:20:13 ~-~-> 00:20:18 |highs, short term lows. It's that kind of thing. I teach this also in the paid
245 |244 |00:20:18 ~-~-> 00:20:22 |mentorship playlists go on to 2016, 2017, playlists. And look for the
246 |245 |00:20:22 ~-~-> 00:20:26 |individual videos, and you'll see things being taught about market structure. So
247 |246 |00:20:26 ~-~-> 00:20:30 |minor buy side that's going to be drawn, but it goes right back up to regular
248 |247 |00:20:30 ~-~-> 00:20:35 |trading hours, consequent encroachment, then back down into this sell sign,
249 |248 |00:20:35 ~-~-> 00:20:39 |balance, buy side, efficiency, that's going to act as a inversion, fair value
250 |249 |00:20:39 ~-~-> 00:20:44 |gap. We have a wick that drops down in here. We'll get into what that is and
251 |250 |00:20:44 ~-~-> 00:20:47 |why it did this, and also that one, but it's trading essentially around the
252 |251 |00:20:47 ~-~-> 00:20:53 |consequence from that old sell side, and balanced by some efficiency, which is
253 |252 |00:20:53 ~-~-> 00:20:58 |bearish. Usually when price is below, it comes up to it. But we labeled it. I
254 |253 |00:20:58 ~-~-> 00:21:02 |labeled it rather and told you it's inversion, and take us up into first
255 |254 |00:21:02 ~-~-> 00:21:07 |presented fair value gap. I stated back here where it was lining and saying
256 |255 |00:21:07 ~-~-> 00:21:10 |where it could go either way. And I told you the side I thought it was going to
257 |256 |00:21:10 ~-~-> 00:21:13 |go okay. So for the trolls that like to take things out of context, take little
258 |257 |00:21:13 ~-~-> 00:21:17 |sound bites and share it amongst their circle jerks. I did say I wanted to go
259 |258 |00:21:17 ~-~-> 00:21:20 |up, take the intermediate turn by side and go to first presented fair value
260 |259 |00:21:20 ~-~-> 00:21:33 |gap, and then I took my break for lunch. The market uses this in efficiency those
261 |260 |00:21:33 ~-~-> 00:21:37 |levels and projecting that through price action. You can see how we hit the low.
262 |261 |00:21:40 ~-~-> 00:21:47 |Let's close that candlestick rallied up. Sibi later turns inversion. Fair
263 |262 |00:21:47 ~-~-> 00:21:51 |baguette, that's bullish, drops back down to lower quadrant of this
264 |263 |00:21:51 ~-~-> 00:21:57 |candlesticks, premium wick. Upper quadrant starts to rally. We drop down
265 |264 |00:21:57 ~-~-> 00:22:01 |into regular trading hours. Lower quadrant and the high of that
266 |265 |00:22:01 ~-~-> 00:22:06 |candlesticks, premium wick, that's what this was doing. And it was also just
267 |266 |00:22:06 ~-~-> 00:22:09 |coloring outside. After I mentioned publicly, this is going to be an
268 |267 |00:22:09 ~-~-> 00:22:15 |inversion fair value gap. You know, the boys up there in CME, just a little
269 |268 |00:22:15 ~-~-> 00:22:19 |coloring outside. The lines. Trip you up. But the bodies are doing what
270 |269 |00:22:19 ~-~-> 00:22:24 |staying above the upper quadrant. See that this line here, the gray line, this
271 |270 |00:22:24 ~-~-> 00:22:28 |line here, that's grading this inefficiency. So you can see the bodies
272 |271 |00:22:28 ~-~-> 00:22:31 |are telling you what's it want to do. It doesn't want to go lower. It's
273 |272 |00:22:31 ~-~-> 00:22:34 |indicating that it's not wanting to go lower. Why? Because the narrative is
274 |273 |00:22:34 ~-~-> 00:22:40 |being displayed in the bodies of the candlesticks. Okay? And now we're
275 |274 |00:22:40 ~-~-> 00:22:48 |looking at this premium wick. Okay, so these levels here are now being shown
276 |275 |00:22:48 ~-~-> 00:22:51 |here, and you can still see the lower quadrant of that one. So either one, if
277 |276 |00:22:51 ~-~-> 00:22:55 |you were to use this one, or this one, why this one and not this one? Look at
278 |277 |00:22:55 ~-~-> 00:22:59 |the highs on your chart. This one's lower than this one. So this is the
279 |278 |00:22:59 ~-~-> 00:23:05 |higher candlestick, premium wick market drops down perfectly to the tick to
280 |279 |00:23:05 ~-~-> 00:23:09 |lower quadrant if you're using that one. So you can see my concept still works
281 |280 |00:23:10 ~-~-> 00:23:13 |when you're grading premium wicks and discount wicks from the daily chart or
282 |281 |00:23:13 ~-~-> 00:23:19 |any time frame for that matter, because it's not universally limited to just
283 |282 |00:23:19 ~-~-> 00:23:25 |daily chart only. It's every time frame, and by having these on your chart, it's
284 |283 |00:23:25 ~-~-> 00:23:30 |like a spider web. You're going to catch a fly, you're going to but you have to
285 |284 |00:23:30 ~-~-> 00:23:33 |use other things in concert with it, like there's a fair value gap right
286 |285 |00:23:33 ~-~-> 00:23:44 |here, and foolish inversion fair value gap there. Or look at that as Venom. At
287 |286 |00:23:44 ~-~-> 00:23:48 |the lower quadrant of that premium wig, you see how many times I can build the
288 |287 |00:23:48 ~-~-> 00:23:52 |model right in front of you, just by a small little sample set of things, and
289 |288 |00:23:52 ~-~-> 00:23:55 |notice how my things are agree, whereas retail logic, you're not going to get a
290 |289 |00:23:55 ~-~-> 00:23:58 |Bollinger band, you're not going to get a stochastic divergence, you're not
291 |290 |00:23:58 ~-~-> 00:24:01 |going to get a MACD crossover, you're not going to get willy nilly. Ichimoku,
292 |291 |00:24:01 ~-~-> 00:24:05 |they're not all going to agree. Pitchforks aren't going to agree with
293 |292 |00:24:05 ~-~-> 00:24:08 |all that stuff at the same time. Elliott Wave ain't going to agree with it all
294 |293 |00:24:08 ~-~-> 00:24:11 |the time. Supply and demand ain't going to always agree with it. Wyclef isn't
295 |294 |00:24:11 ~-~-> 00:24:15 |going to agree with it. So that's the problem with retail. See, my stuff fits
296 |295 |00:24:15 ~-~-> 00:24:19 |together like perfect puzzle pieces, and none of them are isolated. They all
297 |296 |00:24:19 ~-~-> 00:24:24 |agree on the same thing, it's building blocks that's going to lead us back to
298 |297 |00:24:24 ~-~-> 00:24:27 |the promised land of that first presented fair value gap above
299 |298 |00:24:27 ~-~-> 00:24:33 |intermediate term buy side liquidity, as I called for on x. Live in front of you
300 |299 |00:24:35 ~-~-> 00:24:39 |real time before it happened, and you can see all the building blocks leading
301 |300 |00:24:39 ~-~-> 00:24:44 |up into now. You get the little errant price action down here. That's this one
302 |301 |00:24:44 ~-~-> 00:24:48 |over here. It just colors outside the line just a little bit, but it's
303 |302 |00:24:48 ~-~-> 00:24:53 |reaching into the regular trading hours lower quadrant, the opening range gap
304 |303 |00:24:53 ~-~-> 00:24:59 |and the high of that premium wick, and just outside of the inversion fair value
305 |304 |00:24:59 ~-~-> 00:25:04 |gap. I called for so anyone watching that they probably were tickled early. I
306 |305 |00:25:04 ~-~-> 00:25:07 |think he's wrong. I can't wait to tweet to him and say, you did it wrong. It
307 |306 |00:25:07 ~-~-> 00:25:12 |doesn't work, but it worked out in it because it fits things. I teach the
308 |307 |00:25:12 ~-~-> 00:25:16 |wicks are allowed the color outside that it's absolutely permissible, but when it
309 |308 |00:25:16 ~-~-> 00:25:23 |is full on a bold down closed candle, it looks scary. It's terrifying if you're
310 |309 |00:25:23 ~-~-> 00:25:26 |in there looking for something to go long, or if you're long and you rolled
311 |310 |00:25:26 ~-~-> 00:25:30 |your stop loss just below the inversion fair value gap, never, never, never do
312 |311 |00:25:30 ~-~-> 00:25:34 |that until it breaks structure and leaving it what would that look like? We
313 |312 |00:25:34 ~-~-> 00:25:38 |have all these little short term highs in here. We have the market dropping
314 |313 |00:25:38 ~-~-> 00:25:44 |down from this high, down to that low in here, when we left the inversion, fair
315 |314 |00:25:44 ~-~-> 00:25:49 |value gap, there's nothing taking up that short term high, yet it does so
316 |315 |00:25:49 ~-~-> 00:25:52 |there, then if you're long from down here, then you can roll your stop loss
317 |316 |00:25:52 ~-~-> 00:25:59 |below intermediate term or inversion, fair pay gaps. You're trailing it with
318 |317 |00:25:59 ~-~-> 00:26:03 |intermediate term market structure, swing points, and I cover a lot of that
319 |318 |00:26:03 ~-~-> 00:26:07 |stuff in the books. You'll see stop loss, placement stuff in the books,
320 |319 |00:26:07 ~-~-> 00:26:11 |there's literally several chapters where I'll talk about it. But the buy side of
321 |320 |00:26:11 ~-~-> 00:26:14 |balance, outside efficiency here fair value gap, we trade to the upper
322 |321 |00:26:14 ~-~-> 00:26:24 |quadrant that rallies up. Here's a measuring gap. Another I I don't think I
323 |322 |00:26:24 ~-~-> 00:26:29 |have enough space in here to annotate that bullish inefficiency. It trades
324 |323 |00:26:29 ~-~-> 00:26:34 |down into that as well, rallies up. Then we have a suspension block, bullish the
325 |324 |00:26:34 ~-~-> 00:26:41 |volume of bounce at the top and bottom. Note that on your own chart. Same thing
326 |325 |00:26:41 ~-~-> 00:26:48 |here, bullish suspension block volume balance above and below. And whenever we
327 |326 |00:26:48 ~-~-> 00:26:52 |see this, it doesn't matter if there's a wick that came above and closed over top
328 |327 |00:26:52 ~-~-> 00:26:56 |of that range that creates the suspension block. I will still use that
329 |328 |00:26:57 ~-~-> 00:27:02 |suspension blocks are isolated candlesticks that really represent a
330 |329 |00:27:02 ~-~-> 00:27:07 |point at which the algorithm will come back into it, okay, and I'll teach what
331 |330 |00:27:07 ~-~-> 00:27:11 |that is at a later time that's causing it. But for right now, just get used to
332 |331 |00:27:11 ~-~-> 00:27:14 |seeing them on my charts as I present them. We have minor sell side liquidity
333 |332 |00:27:14 ~-~-> 00:27:18 |relative equal lows here after reaching up into the first percent of your bag
334 |333 |00:27:18 ~-~-> 00:27:24 |out that I shared with you as it happened. So random. And if you watched
335 |334 |00:27:24 ~-~-> 00:27:27 |it live, it was real quick. It was down here, and all sudden, it just ram, just
336 |335 |00:27:27 ~-~-> 00:27:33 |one tick. It did this whole run right here, which was wild, very, very
337 |336 |00:27:33 ~-~-> 00:27:40 |satisfying as an ICT mentor. So we dropped down into the bullish suspension
338 |337 |00:27:40 ~-~-> 00:27:44 |block here, and that old intermediate term buy side liquidity pool. That's
339 |338 |00:27:44 ~-~-> 00:27:48 |what's happening here. And then we rip up into it one more time, trade into the
340 |339 |00:27:48 ~-~-> 00:27:54 |upper quadrant of the opening range gap. So two times it hits it here. And that's
341 |340 |00:27:54 ~-~-> 00:28:01 |pretty much the business for NQ. I had a lot of fun sharing yesterday on x. I had
342 |341 |00:28:01 ~-~-> 00:28:05 |some people. I had the broom literally denying what I was showing real time as
343 |342 |00:28:05 ~-~-> 00:28:09 |it was happening to the tick. And like I said, I have no time for you if you do
344 |343 |00:28:09 ~-~-> 00:28:12 |on that stuff, if you're if other people are talking about me, you know,
345 |344 |00:28:12 ~-~-> 00:28:15 |whatever. Let them talk about me. Just keep score. Okay, I promise you, I don't
346 |345 |00:28:15 ~-~-> 00:28:19 |need to talk about them. I don't need to talk about them. I don't need to talk
347 |346 |00:28:19 ~-~-> 00:28:21 |about what they can't do, what they've never been able to do, what they can't
348 |347 |00:28:21 ~-~-> 00:28:26 |prove I don't need to do all that stuff. Just watch them. You will know me and
349 |348 |00:28:26 ~-~-> 00:28:30 |them by my fruit and their fruit, period. I don't need to be out here to
350 |349 |00:28:30 ~-~-> 00:28:35 |be toxic. Okay? You know, I can have fun with y'all, and nobody needs to be beat
351 |350 |00:28:35 ~-~-> 00:28:40 |up by me, okay? And nobody's beating me up. So that's the business you All
352 |351 |00:28:47 ~-~-> 00:28:50 |right, folks, that's it for this one. I hope you found it insightful. Thank you
353 |352 |00:28:50 ~-~-> 00:28:54 |for your continue issues, and I will talk to you when I talk to you. Can't
354 |353 |00:28:54 ~-~-> 00:28:57 |promise when it's going to be until I talk to you, then wish good luck and
355 |354 |00:28:57 ~-~-> 00:28:58 |good trading.