Transcript for:
Trading Strategy and Market Analysis

well good morning folks how are you long time no see so I've been under the weather of sorts uh not sure how to explain it other than I believe it has something to do with uh blood sugar I've had some issues with uh my vision and dizziness and just all and all not doing well but uh I'm working on it so looking at the NASDAQ here I like the idea of the NASDAQ trading down for a little while um that buy side looks safe uh that sell side in Balance I'm noting here I want to see it stay below the midpoint and I'm willing to take a short in here and aim for the low formed just after 8:00 in the morning so um I see several things in here um inversion P Gap that could happen this is the low eight 30 a.m. eastern time make this black and this black all right so that's the initial draw so I'm expecting it to go there but I'd like to see it Go lower I like 760 as a intermediate ter swing so we're going to sell short here I'll put the stop loss right there at the High I don't think that consequent encouragement is going to uh be a factor for this I'll add some more in here okay and get that off of there now I'm watching that last up closed candle the the big bold green one my eyes looking right at the close that Candlestick and that's a rejection block if it can stab one more time up into that I'll add just to prove the method and concept so we're looking for that decline around 7:50 a.m. near time there a volume imbalance I'm going to add into that right there and it it might not get up into that rejection block but if it does I'll I'll add me annotate this volume and balance for you now volume balance is the weakest in terms of the flexibility on all my PD arrays so I I'm completely comfortable with letting price go through them and then coming back to them as a either Target means of managing a stop loss so these things always got to get it where I want it it's never where I want it um I want it to thicken up here come on there you go all right so it could bounce off this volume balce and if it can sweep to that last up closed candle the biggest green one before it turned and rolled over here I'll take that as a an additional short entry the uh the stock loss is safe so just want to draw special attention to that so I'm not fearful of adding that's the consequent en cach of the wick three candles back and there is what looks like the rejection block right there yep I got right there so I'd like to see it turn right there on a dime if it's truly in fact a rejection block it should in fact drop and fall away from here and start gravitating towards that low I was looking for okay so far so good now this becomes a premium array where if it trades away from it on the downside if it comes back up into it it should act as resistance because now the narrative is in play and there you go look at that it's almost like Voodoo all right so I'm looking at the buy side and B sell side and efficiency that we're trading inside of just to the left of where price is trading now and don't lose sight of that low down here because that's where my focus is I'm not so much concerned about it ripping in you reversing higher but I like the idea of taking some of risk away here and I want to see that volid imbalance cellid efficiency morph into a just be a little vicious here no ICT video was complete without it and that buy B sell sign efficiency I want to see that act as a inversion fair value Gap so inversion fair value gaps are typically shown in my educational examples the teachings I usually annotate them as an orange hued rectangle so while this here see that candle's high that candle's low that candle's high that candle's low um the folks that think these are liid avoids that they can just trade back down into them and go back up because they don't know what's going on they'll look at that as a reason go long and they'll lose their shirt here so what I'm showing you is that I'm viewing that as an inversion fair value got and Chris Lor doesn't teach that by the way um he might start doing it now cuz mine works you a lot better but the inversion fair value Gap here I want to annotate that and put gradients inside of them okay so what we're going to do is we're going to break them up into the upper quadrant consequent qu which is midpoint and then there is the lower quadrant and then obviously the low of it so let me show you that with the FIB here so that's normal that's consequent encroachment and here is the FIB settings you want to screenshot that and now there's the quadrants inside of that this is not quarters Theory and quarters theory is a joke so stop asking me in the comment section it's all a farce okay it's another gimmick watch and see what the difference is here okay this is not quarters Theory you'll never see anyone teaching this outside of me and my lectures and anything after I've taught it in mentorship then you see all these little scribes and uh copycats let me copy this little volume and balance in here I think we're going to shoot up into that and hit the upper quadrant at most I don't want to see it close above the upper quadrant me thicken these up oh there's the quadrant so that should be enough now from a narrative standpoint the algorithm should start to spool lower and there's a little shortterm low right at 820 or so that's also inside of another buy side and balance side an efficiency I don't expect that to act as a inversion fair value Gap I'd like to see it melt right through that so what I'm watching here is does it want to trade above the upper quadrant of that inversion Fair Val got here's the low I was referring to this is this is a minor cell side liquidity so it's just another factor to look for and study is price gravitating to this level um if I was extremely insecure as a new developing student I would look to take a partial under this low but uh I've been around the block a few times so I'm going to hold for the Target down there CU I have a longer term Target I'm trying to reach for it okay so that's the uh that's the next gravitational draw on price and if the algorithm does exist and it does want to go lower that should just go right down there and then accelerate through it not just poke its tail in the water and then go back up into the inversion pair value Gap I don't want to see that it's already done the work inside the inversion fair value Gap so I want to see some big down Clos candles expansion lower that'll confirm to me that we will absolutely have no problem reaching the 926 level and a little bit lower I'll I'll put a limit order below that right now I'm focusing on what we're seeing here and that's beautiful that's exactly what we want to see now spread its wings a little bit more I like that now so I probably just got lucky and know you ought to see the comment section these guys love these little comments and just for the sake of answering the folks that constantly leave little comments and me move my Stu here okay that covers costs and uh the reason why you don't see comments even though it looks like the comment section is open it is open it's just for me to read um anyone that says why isn't there any comments I I ban those individuals so I'll never see your comment again and usually they're from people that aren't really subscribed to the channel so I could care less if I ever see your comment again all right so we have a limit order I want to move just a little bit lower so we have 15 scheduled to come off under that low so far everything just looks absolutely gorgeous Market is open no Market replay we don't play that game around here I had a person asked me can you move that thing what are you hiding there's nothing over here that's just the time thing okay it's always New York and you can see the countdown the close on the price action for the Candlestick so you can't do those things on Market replay all right so we're focusing on that low right there now you see how we're going up into the most recent down close candle I want to see it stay inside of that range I don't want to see it go above the open of it so I want to focus primarily on heaviness I want to see the price have no strength overcoming the previous candles body in other words I don't even want to see it return to its Wick to me that would indicate that this is absolutely going to roll over and smash through that low and it should have no problem reaching low enough to get that limit order small little fair value Gap is traded up into you see that here so with that I absolutely want to see it just fall out of bed and just Cen into that low or for the folks that aren't uh English Majors um I want to see it drop down fast aggressive from where it is right now targeting that low that I have as an initial draw on liquidity post 8:30 a.m. eastern time as an audio reminder you're seeing it obviously on my videos uh there's a few scammers on Instagram one has a large following um pretending to be me I'm not on Instagram and I'm not doing a paid mentorship so stop believing these Jokers and if you're giving them money you're an idiot all right I think about what I was walking through as we were trading up at the highs okay you see that uh that is actually Turtle suit and I will be teaching that in an upcoming lecture it ain't the guy on Twitter teaching you the secrets of turtle soup and it's it's not Linda rash's version either everybody out here scrambling make a name for themselves on bar handy down logic from Good Old ICT so this is usually where we classically flirt with it so I'm going to add my typical vicious little remark all right say prepare yourself for another random act of precision there you go and now we just sit here and wait it's inevitable right this guy gets lucky all the time it should be this candle or the next for sure looks heavy [Music] and look at this look at this guy he go all right so now I'm going to show you what I'm really aiming for I might not get it but now because I've done fairly well here it doesn't matter if I if I'm right on this I want to see it trade down to 760 and just to make sure I can get a nice exit and not have to worry about and babysit it all day or tomorrow if it needs to be I'll be just a little bit above that 760 okay so my is about that everything else stays the same I hope you enjoyed it until talk to you next time be safe oh by the way lectures are coming just be patient