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ICT YT - 2025-10-03 - ICT Forex and Futures Market Review 10-03-2025

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