Last modified by Drunk Monkey on 2021-06-11 13:24
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edited by Drunk Monkey
on 2021-06-11 13:24
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... ... @@ -1,142 +1,31 @@ 1 -1 2 -00:00:24,600 ~-~-> 00:00:35,520 3 -ICT: Folks, just a real quick example on the euro dollar. And again, let me 4 -preface it by saying these examples are for your learning in the benefit of 1 +(% class="hover min" %) 2 +|1 |00:00:24,600 ~-~-> 00:00:35,520 |ICT: Folks, just a real quick example on the euro dollar. And again, let me preface it by saying these examples are for your learning in the benefit of 3 +|2 |00:00:35,580 ~-~-> 00:00:45,360 |activating your reticular activating system. That is to say that the only way you're gonna be able to spot these patterns in real time before they unfold is 4 +|3 |00:00:45,360 ~-~-> 00:00:57,090 |for you to see them routinely, every single day, every time there's a new upload, watch it and fill in the dead space of your trading. With study time 5 +|4 |00:00:57,090 ~-~-> 00:01:04,560 |looking at old videos, I'm going to make them very brief, very short. So we can go through semen price action. And that way you can come back and watch live 6 +|5 |00:01:04,830 ~-~-> 00:01:15,180 |analysis. And you're going to see these things unfold as it happens. Only those individuals that would view this as useless hindsight, are the ones that are not 7 +|6 |00:01:15,180 ~-~-> 00:01:25,680 |going to benefit from this. Okay, so if you're looking at it, and considering this as useless, I'm not going to sit here and argue with you and try to defend 8 +|7 |00:01:25,680 ~-~-> 00:01:34,260 |that the only way you're going to learn something is by repetition. And the best way to do that is to look at what's shown in hindsight, as you'll see, there's 9 +|8 |00:01:34,590 ~-~-> 00:01:44,460 |repeating phenomenon that take place every single trading day. And we look on lower timeframes from a higher time frame level, to see the pattern form. Okay, 10 +|9 |00:01:44,460 ~-~-> 00:01:54,270 |so looking at the hourly chart, and then I'm gonna draw your attention to this area right in here with equal lows to sell stop run, how do we know that price 11 +|10 |00:01:54,270 ~-~-> 00:02:03,060 |moved away sharply. Now, by itself, that means absolutely nothing to someone that's not interested in learning how to read price action from the way I teach 12 +|11 |00:02:03,060 ~-~-> 00:02:13,470 |it. But from a hindsight perspective, it gives us a great deal of value in terms of insight, because we know this is a run on sell stops. of it is look for the 13 +|12 |00:02:13,770 ~-~-> 00:02:24,510 |Polish breaker, that means the high between the low and the stock run. So that's right here. Okay, so that comes in at a high of 117 20, nice institutional 14 +|13 |00:02:24,510 ~-~-> 00:02:35,130 |level. Okay, we'll drop that on here. Now, that's our hard timeframe price level, all we have to do is drop down into a 15 minute timeframe. And we'll be 15 +|14 |00:02:35,130 ~-~-> 00:02:46,200 |looking at the time of day. Okay, now all we have to do is refer to that level and wait for price to break a short term high is a short term high right here. 16 +|15 |00:02:46,830 ~-~-> 00:03:00,600 |So when this highs broken, that's a break in market structure. Okay, so you want to use the low to the high that forms once this highs taken out. So bring in our 17 +|16 |00:03:00,660 ~-~-> 00:03:08,850 |Fibonacci Okay, now we're only using the bodies of the candles, okay, the high and the low. And here's your optimal trade entry. Look at the respect of the 18 +|17 |00:03:08,850 ~-~-> 00:03:18,690 |bodies now yes, we wick through a little bit here. But look at the body trading up to first target which is the old high and then target one, multiple 19 +|18 |00:03:18,690 ~-~-> 00:03:29,970 |opportunities here target one, then retraces goes down below, old high. And then we'll look at this example as well. Or an additional setup for this is just a 20 +|19 |00:03:29,970 ~-~-> 00:03:44,610 |bonus for you guys. This is the asian session. Okay, and while we eventually did trade up to our symmetrical price swing, I'm going to refine this okay and show 21 +|20 |00:03:44,610 ~-~-> 00:03:55,230 |you one more example where the low or hard timeframe level price trades through this short term high market structure break. Now we also have this high be 22 +|21 |00:03:55,230 ~-~-> 00:04:11,910 |missed that one, we need that same pattern here. Hi is broken. So use the low up to the high highest point in reference to the body. Okay, draw that up like 23 +|22 |00:04:11,910 ~-~-> 00:04:29,820 |that. You see 62% of tration level now that lovely price rallies up. first target. Yes. Second target Yes. In here and symmetrical pricing exactly too 24 +|23 |00:04:29,820 ~-~-> 00:04:39,660 |high. Look at that in reference to what the actual price level is. 25 +|24 |00:04:41,070 ~-~-> 00:04:52,170 |Okay, so it comes in at 117 83. And the candles high comes in at 117 83. can't get any better than that precision. Alright, so I didn't take any either one of 26 +|25 |00:04:52,170 ~-~-> 00:05:00,120 |these trades, it's just for your benefit to see it see the pattern. Again, all we're doing is looking for a hard time frame level. A short term high too. be 27 +|26 |00:05:00,120 ~-~-> 00:05:14,190 |broken, measured a swing or impulse leg up, referencing the body to body, lowest body portion that could either be a open or close to the highest open or close 28 +|27 |00:05:14,850 ~-~-> 00:05:22,740 |in the swing high. That's where you anchor your reference points. When it trades back down into optimal trade entry, match your buy first targets the old high 29 +|28 |00:05:23,430 ~-~-> 00:05:32,010 |and then look for your projections on target one and target two and symmetrical price swing. Beautiful example there. Hopefully found this insightful Till next 30 +|29 |00:05:32,010 ~-~-> 00:05:33,720 |time, wish you good luck and good trading. 5 5 6 -2 7 -00:00:35,580 ~-~-> 00:00:45,360 8 -activating your reticular activating system. That is to say that the only way 9 -you're gonna be able to spot these patterns in real time before they unfold is 10 - 11 -3 12 -00:00:45,360 ~-~-> 00:00:57,090 13 -for you to see them routinely, every single day, every time there's a new 14 -upload, watch it and fill in the dead space of your trading. With study time 15 - 16 -4 17 -00:00:57,090 ~-~-> 00:01:04,560 18 -looking at old videos, I'm going to make them very brief, very short. So we can 19 -go through semen price action. And that way you can come back and watch live 20 - 21 -5 22 -00:01:04,830 ~-~-> 00:01:15,180 23 -analysis. And you're going to see these things unfold as it happens. Only those 24 -individuals that would view this as useless hindsight, are the ones that are not 25 - 26 -6 27 -00:01:15,180 ~-~-> 00:01:25,680 28 -going to benefit from this. Okay, so if you're looking at it, and considering 29 -this as useless, I'm not going to sit here and argue with you and try to defend 30 - 31 -7 32 -00:01:25,680 ~-~-> 00:01:34,260 33 -that the only way you're going to learn something is by repetition. And the best 34 -way to do that is to look at what's shown in hindsight, as you'll see, there's 35 - 36 -8 37 -00:01:34,590 ~-~-> 00:01:44,460 38 -repeating phenomenon that take place every single trading day. And we look on 39 -lower timeframes from a higher time frame level, to see the pattern form. Okay, 40 - 41 -9 42 -00:01:44,460 ~-~-> 00:01:54,270 43 -so looking at the hourly chart, and then I'm gonna draw your attention to this 44 -area right in here with equal lows to sell stop run, how do we know that price 45 - 46 -10 47 -00:01:54,270 ~-~-> 00:02:03,060 48 -moved away sharply. Now, by itself, that means absolutely nothing to someone 49 -that's not interested in learning how to read price action from the way I teach 50 - 51 -11 52 -00:02:03,060 ~-~-> 00:02:13,470 53 -it. But from a hindsight perspective, it gives us a great deal of value in terms 54 -of insight, because we know this is a run on sell stops. of it is look for the 55 - 56 -12 57 -00:02:13,770 ~-~-> 00:02:24,510 58 -Polish breaker, that means the high between the low and the stock run. So that's 59 -right here. Okay, so that comes in at a high of 117 20, nice institutional 60 - 61 -13 62 -00:02:24,510 ~-~-> 00:02:35,130 63 -level. Okay, we'll drop that on here. Now, that's our hard timeframe price 64 -level, all we have to do is drop down into a 15 minute timeframe. And we'll be 65 - 66 -14 67 -00:02:35,130 ~-~-> 00:02:46,200 68 -looking at the time of day. Okay, now all we have to do is refer to that level 69 -and wait for price to break a short term high is a short term high right here. 70 - 71 -15 72 -00:02:46,830 ~-~-> 00:03:00,600 73 -So when this highs broken, that's a break in market structure. Okay, so you want 74 -to use the low to the high that forms once this highs taken out. So bring in our 75 - 76 -16 77 -00:03:00,660 ~-~-> 00:03:08,850 78 -Fibonacci Okay, now we're only using the bodies of the candles, okay, the high 79 -and the low. And here's your optimal trade entry. Look at the respect of the 80 - 81 -17 82 -00:03:08,850 ~-~-> 00:03:18,690 83 -bodies now yes, we wick through a little bit here. But look at the body trading 84 -up to first target which is the old high and then target one, multiple 85 - 86 -18 87 -00:03:18,690 ~-~-> 00:03:29,970 88 -opportunities here target one, then retraces goes down below, old high. And then 89 -we'll look at this example as well. Or an additional setup for this is just a 90 - 91 -19 92 -00:03:29,970 ~-~-> 00:03:44,610 93 -bonus for you guys. This is the asian session. Okay, and while we eventually did 94 -trade up to our symmetrical price swing, I'm going to refine this okay and show 95 - 96 -20 97 -00:03:44,610 ~-~-> 00:03:55,230 98 -you one more example where the low or hard timeframe level price trades through 99 -this short term high market structure break. Now we also have this high be 100 - 101 -21 102 -00:03:55,230 ~-~-> 00:04:11,910 103 -missed that one, we need that same pattern here. Hi is broken. So use the low up 104 -to the high highest point in reference to the body. Okay, draw that up like 105 - 106 -22 107 -00:04:11,910 ~-~-> 00:04:29,820 108 -that. You see 62% of tration level now that lovely price rallies up. first 109 -target. Yes. Second target Yes. In here and symmetrical pricing exactly too 110 - 111 -23 112 -00:04:29,820 ~-~-> 00:04:39,660 113 -high. Look at that in reference to what the actual price level is. 114 - 115 -24 116 -00:04:41,070 ~-~-> 00:04:52,170 117 -Okay, so it comes in at 117 83. And the candles high comes in at 117 83. can't 118 -get any better than that precision. Alright, so I didn't take any either one of 119 - 120 -25 121 -00:04:52,170 ~-~-> 00:05:00,120 122 -these trades, it's just for your benefit to see it see the pattern. Again, all 123 -we're doing is looking for a hard time frame level. A short term high too. be 124 - 125 -26 126 -00:05:00,120 ~-~-> 00:05:14,190 127 -broken, measured a swing or impulse leg up, referencing the body to body, lowest 128 -body portion that could either be a open or close to the highest open or close 129 - 130 -27 131 -00:05:14,850 ~-~-> 00:05:22,740 132 -in the swing high. That's where you anchor your reference points. When it trades 133 -back down into optimal trade entry, match your buy first targets the old high 134 - 135 -28 136 -00:05:23,430 ~-~-> 00:05:32,010 137 -and then look for your projections on target one and target two and symmetrical 138 -price swing. Beautiful example there. Hopefully found this insightful Till next 139 - 140 -29 141 -00:05:32,010 ~-~-> 00:05:33,720 142 -time, wish you good luck and good trading.