Transcript for:
Core Trading Concepts and Frameworks

So, what we're going to go over today, guys, is you guys know I've been preparing these slides, right? So, there's a lots of slides. So, I'm going to group it into three streams because I can't go over them all in detail in one hour. Just not going to happen. Um, so the first section or first um slides for stream is going to be going over the core concepts that we we trade and how to put them all together. So go back a little bit here. So phases of price delivery that's one of the core concepts swing formations right on all time frames and open high low close and like that means like profiling essentially and obviously like models. So we're incorporating all of these things around models which models are just reversal points to targets if you really think about it. That's it. Right? So let's go ahead and full screen this real quick. Right. So these concepts are used to further support price anticipation from reversal points to targets models. Right? So let's go over phases of price first. So what can price do and not do? Price always goes from consolidation to an expansion. Price can go from an expansion to a retracement. Price can go from an expansion to a reversal. And price can go from an expansion to a consolidation. Right? Price never goes from a consolidation to a reversal. And price never goes from a consolidation to a retracement. Every phase of price starts and ends with expansion. So, we're going to go over more so the signatures of these each phase and whatnot. So, within expansion, you want to be within an expansion candle, right? The the key um thing to take away here within an expansion candle, how do we tell we're within an expansion candle? It's gonna be this small wick, right? That we all know about, right? That's how we actually delineate that we are within an expansion candle, right? So, what about phases or what about the expansion signature? Um, so within this candle, you're going to have an expansion, right? That you makes up this candle obviously, right? So the signature of expansion is opposing candle supporting price towards ERL or IRL irrel or IRL just being the draws on liquidity. Those are the only things we target. Um also maybe like premium discountable range. But you know I'm you know what I mean right? We want to see PDAs like fair value gaps and opposing candles support price to our draw liquidity to put it really simply right in a bullish expansion. We want to see lows being rejected and highs being displaced through. So as you see we reject this low and we displacing through the highs and we also want to see shallow retracements. This is a big one right because this is also how we can uh identify low probability conditions or just um we can also use as an invalidation point right we don't want to see price retrace all the way down here into like I think personally is like an invalidation. Now this is specifically with an expansion away from reversal point on its way to the objective right on its way to the objective right so once it hits the objective then we can retrace that's when you can get a new phase of price right but on our way there we want to see shallow retracements. So what is a continuation signature? So we want to see continuation signatures on our way to objectives, right? Because these are going to be right shallow tracements and they're not reversal signatures, right? So we're more likely to continue to towards those objectives that we're targeting, right? So a continuous signatures are simply consolidations, right? As we mentioned, we don't reverse from a consolidation. Price never goes from a consolidation to a reversal, right? So we want to see consolidations on our way to objectives kind of like a market maker model right and as well as you want to see retracements at the point of retracement we want to see failure swings right because price doesn't reverse from failure swings generally so what is a cons how do we like engage with consolidation what are the signatures of consolidation so after price expands into an objective and we consolidate this generally means we're going to at least expand into the consolidation high right And this also is what you want to see if you have objectives maybe beyond this objective, right? So maybe on your way to an objective, you take out a, you know, a relevant high or low, right? This is what you want to see as a consolidation, a failure to manipulate this high. And the way we engage price, if price doesn't actually take out this consolidation low, which is always ideal, if you don't, you know, take out the consolidation low, then we need to see a continuation signature through the consolidation high, right? Which is something that AM talks about where we get when we engage into a level, we get opposing candles and then a close through. That's your actionable signature for continuation. So then you can trust trading away from these failure swings essentially, right? But what if we do you know take out the consolidation low? This is always ideal. This is perfect because we know that the market can't you know um reverse from this consolidation. So when we actually manipulate you may think that it's reversing but we know it's manipulation right because of uh price can't reverse right. So this is perfect right where we take out a consolidation low we can target the lower resistance highs and this right here is a model in itself right so higher time frame consolidations how to identify on the higher time frame it's going to be inside bars right obviously it can look like this we can have really large random consolidations on the daily chart but if you ever see a candle that is inside barring meaning you know after this candle closes the next candle doesn't take out the previous days high or low. Whenever you see that an inside bar, that's just a lower time frame consolidation. The way we want to trade that is again ideally we want to see price take out that consolidation low which on lower time frame these are swing points on lower time frame. Right? This would be the manipulation and expand for a continuation. Right? So retracements, what's a retracement signature? Right? Price will expand into an objective. This is the objective to the left. And at the point of retracement, we do not um create any sort of protected swing, right? It's just leaving failure swings. And often you're going to see price create these really deep pullbacks, right? Every time it takes out a low, it take creates these really deep pullbacks, which is generating low resistance liquidity, right? So whenever you see this and price hits like a fair value gap, this is how you know that this internal range, external range is more likely to play out because at the point of retracement, right, there's just low resistance, right? We're not trading away from any high resistance, right? So this is what we want to target. So how do we trade from internal to external? Well, ideally always within any phase, we want to see a protected swing print, right? We want to see some sort of manipulation. So whether we manipulate this low into the gap or then on the lower time frame we create some sort of um lower resistance or trade away from right this is what we want to see. We always want to trade away from um higher resistance right or manipulation to then begin expansion right. So once we get that manipulation we just compare that with the CSD for confirmation also an SMT of course. So, what about how do you trade a retracement from, you know, the high of the range to back within the range? We demand manipulation. This is something you see me do a lot. Something I talk about a lot is if price expands um and then you want to trade back into the range cuz maybe on a TGF or something um you want to trade back into the weekly range or whatever, you need to trade away from manipulation, right? So, we trade expansion back in the range because if you have no manipulation, you're trading retracement, which you don't want to do because we don't want to trade away from failure swings. So you require manipulation. So we trade expansion back in the range. And just because we have this manipulation here doesn't mean we're going to go to the range low. That doesn't mean that this this range can still hold. So that's another misconception that a lot of people have. So what um what is the higher time frame signature for expansion? I also want to mention something else. Um for consolidation we can expect a new phase of price of course after three consecutive days of expansion especially if we hit an objective. Okay so I wanted to mention that as well because the same thing for retracement after you get three consecutive expansion candles in the same direction. We can expect that new phase of price. Now what does that look like? Well price is going to leave stacked previous days highs essentially which this is what it's going to look like on the hourly or 4hour time frame. It's going to be these these lower resistance highs behind, right? So on lower time frame, this is what you're going to see. It's just lower resistance, right? There's no candle two or reversal at the point of retracement, which is good if you want to see continuation. So how do you trade from a, you know, key level, right? So just retracement into a fair value gap, an expansion. You wait for a a swing formation, right? A candle to closure. That's the reversal signature to then continue uh that expansion away from that fair value gap. So what is a reversal signature? It's essentially where price expands into an objective, right? Hits that reversal point, expands away. So it's simply expansion, reversal, expansion or expansion met with expansion. That's what what it's going to look like. Often going to look like a Vshape, right? Or like a BPR, a balance price range where you have a fair value gap on both sides. This is something you really want to see on the lower time frame. It can be on any time frame really. um that's something you really want to see. And then you confirm it with the CSD obviously and we want to pair it with an SMT. So what would that look like? Right? Let's say this is your reversal point right here, the swing low. Price expands into it. You want to see immediate expansion away, right? Um creating that Vshape confirmed by that CSD also pairing with the SMT ideally. But what happens if you trade into a high and we don't get the signature? That's still fine. there's still an opportunity to trade um this right because when price expands to objective but consolidates right so that's a continuous signature meaning that we know we can't trade it away from the consolidation high so what we are demanding is a AMD manipulation like which is a reversal rate so expansion consolidation manipulation and distribution away so when we trade into this consolidation high this is when you want to see that signature right so expansion to consolidation high expansion away this is still right valid right because this consolidation here when we hit this high it's just going to be like a higher time frame candle one right and this manipulation behind candle 2 if that makes sense right so if I go back to over here right this is called AMD continuation where we trade into a high we consolidate we manipulate the range low and continue this is AMD reversal where we trade into a reversal point we don't initially reverse we consolidate So we manipulate and it could expand, right? And this is obviously the higher time frame signature for reversal. It's just a swing formation, right? Pretty simple. So to put it all together, it's essentially like a market maker model, right? A higher time frame retracement is lower time frame, lower resistance liquidity. This is where you're going to see the accumulation phases, right? So we trade um away from reversal points being model. So like internal to external, right? Here's the higher time frame key level. Um, this candle here is viewed as the smart money reversal or the reversal, right? We're on a lower time frame. Within this candle 2, you need to see a a reversal signature, right? We don't pattern trade a candle 2 closure. So, if you ever look inside of a candle closure, and I've talked about this a couple times, um, and you don't see a reversal signature, that's you're pattern trading a candle 2, and it's not going to hold generally. So, you need to see these two things uh, align, right? Because obviously a candle 2 closure is a reversal signature, but within that you need to see some sort of reversal signature, right? And ideally, we pair that with an S&T, right? And once we expand away from the reversal signature, we're obviously trading expansion candles away from that. And within that, we want to see continuation signatures, right? We want to see shallow retracements on our way to the draw liquidity. We want to see consolidations, shallow retracements, rejecting lows, opposing candle supporting price, uh fair value gap supporting price, etc. Right? So, now going into some more basic stuff. Now, we're on to swing points. This is going to be like super basic, but we're going to put it all together. So, let me just make sure we're good here. Like, are we good here? Yes, we are. Okay. All right. So, now we're on to swing formations, right? This is a candle 2 swing formation where candle 2 is just the candle that um fails to displace within candle 1's range. So this is gives us insight that a reversal has been put in then we can trade candle three. Right? So if you get a valid candle 3 closure which just means you close a body above candle 1's uh reversal candle or or sorry body or high right just a strong close in general which creates a swing point. Then we can trade Kendall for expansion which is something that T trades just made a video on actually on YouTube. It's also in his course of course. Um so in his course of course but yeah to trade candle 4 you need a valid candle 3 closure. And to trade a candle 3 you need a valid candle 2 closure. So what if you don't have a valid candle 2 closure? Well you need to see a valid candle 3 closure to then again trade a candle 4. Right? So at this point you don't know if there's a swing point um until we get a valid candle 3. Now this is specific to the for me the GXT model is specific to the uh the 1 hour and the 30 minute right because we trade the fractal model but I don't require this on the 4 hour chart or the daily. You guys know that um but that's because we are review we are seeing a lower time frame reversal that will be put in within this candle. Um because with the 4-hour candles, we obviously trade uh we also confirm like those candles and reversals with 1 hour and 30 minute models, right? And you would just simply confirm if this is a daily chart and you don't reverse this day, you would simply confirm a reversal with the daily profile this day. So you can still trade it, but it's a bit different. But so candle 2 reversal. So we just went over obviously candle 2 close swing formation. This is candle three close swing formation. Now we're in candle 2 reversal into expansion as you see highed highlighted up here. So this is when candle 2 hits a key level but doesn't reverse. So this is when we can anticipate reversal off of candle one's low ideally and the signature for this is when we have a small wick, right? Price can reverse into expansion, right? We can expand because of the small wick, right? Also candle one doesn't have to hit a key level. Like this candle 2 sweep can be hitting a key level as well. But majority of the time it's when candle one hits a key level right. And of course you can trade candle three and four after that as well. So now we're going to introduce models. So this is the three frameworks that we use every single day on all time frames. So like the daily, the 4 hour and the 1 hour, right? So internal to external, internal being the reversal point, external being the target, external to internal, external being the reversal point, internal range being the targets and order pairing ranges or just manipulation and distribution to like low resistance liquidity. It is a swing point or a range low as the reversal point and the opposing side of the range or failure swings or a swing high as the uh targets. Right? And here is the three different types of swing formations. Right? So here you have the valid candle three closure swing formation. Here you have the uh the candle 2 swing formation. And here you have the candle 2 reversal uh swing formation. And this is what we're highlighting here. Right here we're numbering that. Right? You have a valid candle three because we close a body above this candle's high. Here you have a candle two swing formation because we closed back within candle one's range. And here you have candle one hitting the swing low but not reversing. So um it closed an expansion candle. So this candle is opening near candle one's low. So we ideally want to see that swept out, right? A small wick supports an expansion, right? So now we want to be trading expansion candles within swing points. Right? So this is a mechanical way to do it is measuring out the EQ of ranges. So within a candle two with a large wick, you're simply going to mark out the uh high to low, that whole wicks range. And you want to see um that candle 3's low formed within the lower half of this uh wicks range, right? Because that essentially is just forcing a small wick, right? Because if you go ahead and disrespect the EQ of this range, now you're starting to form a larger wick, which doesn't really support expansion, right? So, it's a mechanical way of identifying small opposing runs. That's the only thing this is for, right? So, when you get a valid candle 3 closure, you have a, you know, a candle that closes near its its own high, its own range, you want to mark out EQ of that range, right? And you want candle 4 to form its its low within the upper half of that previous candle's range, right? Which forces that small opposing run, right? So, pretty simple stuff, right? So now putting it all together, you have a swing point and a close. So you're marking out EQ of that range. This is your invalidation point for candle 4. And we expect uh the swing formation to expand towards our target right away from the internal range liquidity, which is the reversal point. Over here, you see the same thing, but we're marking out the EQ of the wick. Over here, it's a reversal into expansion candle. The same thing. They're both expansion candles. They're just a bit different, right? um because it's reversal into expansion but it's still an expansion candle. So you mark out EQ of the whole candle's range here and you want to see price respect the upper half. So now we're going to be talking about open high close how these candles generally form. So this is fractal. So on any time frame um we want to see ideally for a bullish day we want to open low first creating that small wick and expand away close near the high. Ideally, this is very specific to um like 4 hour candles or one hour or 30 minute candles. You want the low to form pretty early on in the candle, right? You wouldn't want within a 30-minut candle. You don't want this wick to form, you know, within 20 minutes that for only 10 minutes for price to expand. So, it's like really specific with like hourly candles and 30-minute candles and stuff like that. you generally want them to form like pretty early on. Ideally before the first half of the whole candle ideally, right? But for for daily, you know, price can reverse and like New York and stuff like that. So it's not totally we're more so focused on like around drivers and stuff like that. If price is going to be a New York reversal, we want it to be around those drivers, right? Um but yeah, ideally we want to open low first. For a bearish candle, we want to open high first, right? Create that small wick and then expand low. So, what about for candle 2 reversal into expansion? We It's the same thing. It's It's still an expansion candle. So, we want us to open low first, have that small wick reversing off of candle one's low, and we got expand away and close into high ideally, right? And within this these expansion candles, what do we want to see? We want to see um expansion signatures, right? Small opposing runs, opposing candles supporting price, which actually makes up for the body of the expansion candle. So what about a reversal candle? This is very specific, right? We don't trade reversal candles that open high first and then low and then high. We trade reversal candles that open low first, right? And leave these session highs behind so price can expand back into the open. Now we can trade these days, but we know we know one thing about this day is that it doesn't support expansion. So you need to adjust your targets very simply, right? So you can adjust your target back to the the daily open or maybe there's a swing point high over here just past the opening price. It's we're more so just adjusting our targets with a day like this, but it's generally this the same thing. Um it just has to form a certain way, right? If this candle opened high first and then low, we wouldn't we wouldn't be trading seek and destroy, right? Because that would just be seek and destroy where price is opening high and then low and then high again, right? We don't want to trade that. when a fluid motion of price opening low, hitting a reversal point and expanding away from that, right? So, it's very logical. So how to implement this all together like phase the price um you know continuation and then you know open high close all that stuff right so what if you're trying to trade a continuation right where we have a a valid candle close and you want to trade continuation so you're going to mark out EQ of that candle's range so within the upper half of this candle's range you're going to have an invalidation point majority of the time so within an expansion candle right When price expands, what what does it do? It leaves behind fair value gaps, right? Which make up the expansion. So you want to see these respected, right? Especially if they res reside around the opening price of the new candle, right? So this is very specific to um expansion candles, how phases of price, the phase of price we want to see, right? Because if we expand and we want to see another expansion candle, then what do we want to see? We want to see continuation signatures, right? So retracement and consolidation. When will this occur? Within sessions. So, Asia, London consolidation or retracement or a London reversal or a New York reversal? Right? So, when we think about a bullish candle, we also want to open low. So, price would be opening low first, creating a small wick, right? Into a fair value gap, right? And we're also retracing. So, you see how these all come together here. Then this would be like the 4-hour chart where we have candle one hitting the key level and then candle two reversing. So you can imagine let's say um this is Asia session right London session hits this key level reversing off Asia lows and we're just trading a 4hour expansion candle away from that. So you see how we're just putting all this together into one model. This is how you actually frame high probability trades, right? So we go back to reversal candle with an IRL ERL. This was an expansion candle frame from IRL ER. It's the same thing where we open low and maybe we reach EQ of a range or a fair value that's deeper in discount or whatnot. You can still trade this, right? Because the candle opens low as long as you have the reversal candle profile, right? Where it opens low first. The reversal is formed prior to 10 a.m. ideally. Hold on, let me make sure I'm good here. I think so. Am I frozen? No. Um, as long as, right, we open low first, we put in that reversal prior to 10 a.m., we just we can trade this, but we know that we're not going to expand past the open, right? We know we're probably going to close back within the range, creating that reversal candle, right? So, you just need to adjust your target, and your target would be external uh the external range high, right? Does that make sense? So, how to trade a candle to expansion candle rate within an ERL to IRL? This is going to be a reversal/ retracement. So this is when the previous candle expands, right? And you sweep out candle one's low, create that small wick within this candle, the previous candle, there's going to be a fair value gap to target, right? So, it's either you sweep at the pre as low as the external range point where you're manipulating and you're expanding back in the range or maybe way to the left, you're just targeting or you're trading into a external range uh within a reversal to expansion candle. Now, I can't draw that here because I don't have enough space to do that with Sigma. So, I'm referring to the previous uh days low as the external range point, right? And this would essentially be like if this candle here, let's say trade into a fair value gap or whatnot. This is how you would trade the reversal day, right? Is you would reverse off of this candle once low. You can begin to target stuff like this external range high and then just back within that range, right? Within this candle's range. So, how to trade external range, internal range within a reversal candle. This is specific, right? because price will um create that small wick which you want to see because again we don't want to see a large wick because that would be price opening high first. We want to see price open low first. So generally it's going to expand lower which then creates a fair value gap. So we know price can expand past the daily open. So we're picking um targets either a little bit past the daily open or around the daily open or within the previous candle's range. So as you see this fair value up is created within its own range. So we're just targeting back within the daily range, right? Because we know the daily candle is going to close somewhat like this. So this is when um again we either trade into an external range low or within the its own range we create a swing point to manipulate to trade back within the range to internal range liquidity if that makes sense. So how to trade an expansion candle a continuation right within order pairing ranges. So this is when the previous day within the previous day's range within the upper half of that there's a swing point to reverse off of. This is also can happen within the current day's range. So maybe Asia session lows right to reverse off of. Either way, reversing the um daily candle from order pairing ranges, which is our models, right? If you think about what we're actually doing here, we're reversing the daily candles highs and lows from models. So, internal range to external range, external range, enter range and order paying ranges or some sort of manipulation. So, this is what it would look like, right? Where the daily opens low respecting the upper half of this previous candle's range forming a small wick. So, putting expansion away from manipulation, right? We're using that model, right, which is just a reversal point to form the wick of the day, right? That forms the wick of the day, which is manipulation, which is a protected swing to then expand away, which creates the body, right? Then we can target the uh session highs, right? Or the opposing side of the range. Now this is exactly my GXT model or sorry my GXT ideal profile where the high and low today is formed from manipulation which forms a protected swing intra candle to trade away from right that that manipulation or that protected swing forms the actual uh wick of the day and obviously after manipulating you expand which would form the body right and ideally you have a small wick right because you need a small wick to support expansion um and you need expansion away from manipulation. So all these things kind of coincide together, right? And then we are ob obviously pairing an a manipulation uh with an SMT, right? Because SMT is a filter for stop rates or manipulation, right? That's what actually is a high probable manipulation. And um we can pair that with a driver as well. So I'm getting a little bit off topic here, but just wanted to add that in there. So yeah, this is a continuation um with that with this model, right? So what about a manipulation order paying ranges within a C2 reversal candle? This is when we simply reverse at the previous day's high, which is a lower time frame swing point, right? Or even if it doesn't reverse from here, it will simply be a maybe a consolidation, right? When we hit this high, we already talked about this. Or maybe price expands into the previous high but consolidates. Then we can reverse off that consolidation's high, which is the same thing, right? It's we're just framing a reversal from some sort of manipulation to then expand into like the opposing side of the range or failure swings, right? So all this is is a candle to reversal, right? We're reversing off that previous candle's high with a small wick, right? And ideally, this candle is opening high first, which supports that bearish move. And then we're trading expansion candles away from the high day. So how to trade a reversal candle um within you know this framework order pairing ranges. So again it's going to open low first and then this is always the ideal scenario when you're trading this this profile this candle profile is we're trading away from manipulation right a protected swing because you always want to be trading away from a protected swing. So a day like this where it's already a little bit lower probability because of the wick size doesn't support expansion higher when you have this manipulation trade away from um that supports expansion back into the range which is good right you're going to be targeting the opposing side of the range which this is probably going to be like London highs right um which is the opposing side of this range is also session highs so it's back within the daily range or you're obviously going to target the feather swings that are always going to be there when you're trading a reversal candle because this is going to be Asia session highs and lows, right? So either or you're trading back from here or here, right? And that is it. So that's the framework and kind of how to put it all together. So next stream we're going to be going over essentially how to frame daily profiles and weekly profiles within these these models, right? So, how to pair a driver um or or a New York reversal with this profile, etc. So, it's we're going to be going over this framework, but we're adding, you know, uh like signatures of uh of profiles and how to filter it out, how to um invalid, how to uh see invalidations, etc., etc. Right? So, next stream is going to be more so about profiles, how to pair narrative with drivers, and then the next one is going to talk about my next stream will be talking about um entries. So, how to filter out certain entries, right? Which is going to be um it's going to get a little advanced, right? because we're going to talk about how to trade a candle too. We're going to be talking about how to do positional entries um but also the fractal model like picking the right opposing candles, right? How to um ideally trading a continuation signature, how to trade um or what to avoid, etc., right? Like all these things. But yeah, this is this is like the the really simple stuff. This is stuff we probably already know, but maybe you guys know how to put it together now, right? So, think about models, right? They're just forming the low and high of the day, right? And they're forming at specific times. And this is how we react, right? So, if I just if you just go into some examples, where am I at? Okay. Sorry. I got to like exit out of here. This goes to like gold, right? We'll see this exact same thing. Now, it's a bit different with a day like this because when you mark out EQ of this range, we're already opening up within the EQ of it. So this is simply when you disregard this and you just simply require a small opposing run. That's it, right? As simple as that. But when I look at the the EQ or or just within this daily range, ask yourself, is there anything for price to form the high and low of the day from? Are we opening up near any key level, any model? Right? So this is perfect. What do I see? A swing point high. This is the perfect reversal point. Right? We think about phases of price. Now look at us um putting this all together, right? We're expanding. So what are we doing? Price consolidated, expanded, consolidated, then we manipulate this range high. We expanded away from it, and now we're consolidating after expansion, right? Which is a continuation signature, right? You're seeing a continuation signature on the stronger asset. That means that this asset is just lagging, right? So obviously you see this asset's way weaker but since the stronger asset is putting a continuation signature in this is how we know that it's going to be following silver right it's going to be lagging behind. So what we do is we pair, right? What what would this be? Right? This would be um order pairing ranges, right? We're we're um manipulating the range high and targeting the range low, which forms the high of the day, right? If you guys have seen my delayed protraction profile. If you guys watch my video, this is literally exactly how I said it would form. It's going to open low first. It's going to expand back and create a new wick. There's a couple requirements. There has to be SMT. There will always be SMT here. And there will always be a small wick. Right now, we can pair drivers. So, we obviously have NFP on Friday. So, if you manipulate prior to a driver, what should that driver do? I've said this a gazillion times. The driver will expand away. So, when you see that, this literally confirms negative when the driver starts to expand away. What are we seeing on the lower side from here? Expansion into the reversal point. Expansion away. I mean, is this literally not the the thing I just showed you? Reversal, Vshape, expansion, reversal, expansion. What are we seeing right here? Reversal or expansion, reversal, expansion. We're literally seeing that, right? We're seeing the higher side from frame close that represents a reversal. So, if I go back to here, what are we seeing? We're seeing that exactly, right? We're also pairing this with an SMT and a change of state delivery. So, you also have that You have the SMT, you have the chain of state delivery. Okay, cool. Right. What are we seeing within this this um expansion? We're seeing shallow retracements. We're seeing consolidations. Do you see this? These shallow retracements. I mean, am I making this up? No. I'm like, this is actually like what the market does, right? Um, and if you look here, intracal manipulation, the high of the day foreign from manipulation, right, with SMT paired with a driver, whether you pair the manipulation with the driver or the continuation away, right? Either or. That's um confirming or pairing a driver with the actual manipulation, right? Um, also what else? Right? Let's go over here. Let's go back to this. It would be this version. Let me find it. It'll be this, right? We're trading an expansion candle, a continuation. So, when you look at the previous day, it's not really an expansion candle necessarily because it does close back within its range. But, um, this is why I don't pattern trade. So, let me go over something else as well. I know someone asked me in the lens, which is fine. Why do you not see this as an internal to external range move? Right? Cuz yeah, I mean, maybe that could make sense, right? We have a cancel closure. We have all these fair value gap ups getting respected. But why are we not why are we disregarding this? Well, it's not really because of the CSD like that. Obviously, we have a CSD, but it's phases of price. I'm telling you this confirms everything, right? So, if this is going to be a true reversal, what do we need to see within this wick? We need to see a or a reversal signature, right? Expansion, month expansion ideally, but we see consolidation, right? This is exactly what we see. So that is a continuous signature, right? We talked about how do we trade consolidations? Ideally, we manipulate the range high. So if you go back to here, actually, let's first just go over this, right? Whoops. Uh, so if you look within the previous candles range, what are we opening within that swing point high? Right? So this becomes your invalidation point, which is what we're going to talk about um in next stream. That's a part of of profiling is identifying invalidations that happen with the previous day but also within the current day because you're going to get invalidations within the current day. Not only reversal invalidations but also continuation of validations. Um so here we have um within the previous day we print this potential reversal point which would be invalidation rate. If you don't manipulate this there's nothing else to manipulate. you think about protect or relevant swings the space between this high and high makes it a relevant swing. So when you manipulate this high there's no reason to return back this area meaning you're going to get uh ideally that phase of price right where we actually manipulate it's more significant when you manipulate a relevant swing. Um, so yeah, this is literally Whoops. This exactly what you see except we don't open low first, right? We open high. We we open low first, but it's it's a bearish day. So, um, obviously with a bullish day, you want to open low first. But when you're a bearish day, you want to open high first. But I've already showed you guys the exact and mechanical way you can identify this being a um reversal um a type of New York reversal right where the daily actually opens low first. And I have a video on this. It's in my it's in my channel so go watch that. It's a profile that I I use so to know it. It's just a a form of New York reversal. When we think about when you think about a standard New York reversal any any candle. So let's just say it's a bearish candle. Ideally, we open high first which then creates session highs and lows or recession lows in this case with so this opposing run is creating the wick and then we expand through the session lows right the small wick supports expansion uh lower and stuff but this is a bit different where we actually expand lower. We're creating a large opposing run which is eliminating it's more so eliminating the possibility for a bullish expansion candle already but we reverse off of the session highs. Now why wouldn't we want to see a reversal off these session highs? Because it's a failure swing to this high. So this is why we don't frame reversal off failure swings. We want the relevant swing to get manipulated, right? Because then there's no reason to return back here. If we saw something like this prior to NFP, it wouldn't be as interesting. If he saw this prior to NFP, I wouldn't trust it as much. Why? Because these are now failure swings. There'd be failure swings here, right? So NFP could easily just come back up here. There would be a reason to return here. But since we clear all relevant swings, there's absolutely no reason to return here. So, and we haven't yet expanded. This something I've talked about as well. If you haven't yet expanded away from manipulation, then you expect the news event to just expand because after manipulation, what do we do? We expand. So if you haven't yet expanded, then we we shouldn't consolidate or we shouldn't retrace. So you see how phases of price are coming in um not only within the the daily um delivery here, but also just intraday um in price anticipation um you know pairing that with the news event and stuff like that. So, it's a little advanced, but um yeah, this is this is a very clean day. I would definitely journal this day. Here we have all these lows, right? And I can expect a very large range uh day here with NFP, right? And you want, this is one of those trades where you really don't want to miss. If you're a newer trader, you definitely want to journal this and and recognize this for next time this happens. But these are days that we wait for, man. These are days there. You want to hold these runners. Um you don't want to be, you know, partiing early. You don't want to be taking uh TPS early because um on these high probable days, this is when we want to hold trades, right? To our objectives. I mean, at least to the previous days low, right? Um you don't want to be just holding at 2. You're doing yourself a disservice, right? Because it's everything is it's too aligned for for you not to do that, right? You want to be holding these trades because this is what actually um can really, you know, save your account or maybe take you at a draw down or or just spike your equity curve, right? Um but we'll probably get to questions now unless you guys want to go over What time is it? You got like 19 minutes. What am I doing? Where's Discord at? Oh, it's way over here. Uh I'll go over questions now. Unless you guys want me to go over like more trades this week. Um but let's see here. Okay. Um Monday when is this uploaded? So I don't have any control of when it's uploaded because T trades actually uploads the videos. So that's like on him, right? So we just send him the the the recording and T trades uploads it to [ __ ] So I don't really know. It takes like a day or two usually it seems like. Um yeah, exactly. This slide is from MXM that uh phases a price slide. Yep. Am I uploading these PDFs? No. I mean maybe I could share maybe I could upload it to like a Google Docs and share with you guys potentially. No, it's not a remake of the GXT course. It's just um trying to trying to like go over my whole approach essentially and even covering like the more advanced stuff and how to put it all together. So, it's just it is a part of the course though, right? Like the streams are a part of the course essentially. For the swing point slide, would it be wrong to identify the first swing as a candle too? Yeah, that's what it is, right? So, um, hold on. Let me fix this. This is like out of order. What the heck did I just do, bro? Whatever. Okay, how do I fix this, guys? What the hell? Okay, we go all the way back to swing points. This is a candle to close swing point, right? The first one is that um yeah kind of like this the this live stream is going over like um kind of like the course core concepts we use it's the foundation to our trading right phase of price swing formations open I close and profiling etc and how to put it all together really so you see these slides we're more so putting the these all uh together right over here. It's a very repeatable approach. When trading or when C1 trades into a PDA, um are you trading C2 after the manipulation of yes or you'll wait for T2 closure? So on the 4 hour and the 1 hour, we trade candle twos, right? but not on the 1 hour or 30 minutes. So, we see the fractal model. Now, I will teach you guys how I I do trade channel two closures. It's more of the same thing, but it requires a specific framework um on the daily profile, but we'll get we'll get into that. On this example, you'd still wait for C3 even though no like this can be like the 4 hour time frame. If this is the 1 hour time frame, then yes, it's a 4 hour time frame, then you can trade it, right? Let's say this is like Asia session. So like maybe the daily opens low in Asia and then London session or this can be like London session where we don't reverse but then we're looking for a 6 a.m. New York reversal on the 4hour time frame. Then you can trade it right. So I probably should have labeled these um but I was going to do that actually next slide. um or my next stream talking about profiling every single what I was hearing the knowledge hell yeah man y'all haven't seen nothing man like seriously I could teach you guys a lot more but obviously you don't need everything a lot of it comes with experience and stuff that Is your stream recorded? Yes. Oh, welcome. So, you're going to find it in [ __ ] later on. It's going to be uploaded. SMT with Yes. So, silver. Yeah. So, I'm watching um two assets. So, um two correlated markets and these the if you guys want to know my uh my correlations, it's going to be this. So, for gold, it's you're going to be looking at silver and XU euro. For CL or oil, you're going to be looking at RB. For indices, I know AM and uh T do not use YM, but I do do it. There's a very specific reason. Um I use NQ, yes, and YM, right? But when YM is not correlated between these two assets, you're going to refer to RTY. If you want to trade R2Y as an individual asset, just like you would you would be doing if YM wasn't correlated to ENQ or ES, you would just use YM, right? So, um I kind of view these two as correlated and these two as correlated. But when they are correlated, when YM is correlated to ENQ, you can still use any of these uh three as a correct correlation. Um and there's again like this uh you know Kraken correlation or correlated markets that's like a whole another stream and slideshow in itself like uh that we could do and it's one of the most important and misunderstood uh I guess concepts or something. I don't know what to call it but it's one of the most powerful and probably one of the most confusing as well. You guys talk me, you guys uh hear me talk about a lot about lagging assets and blah blah blah 26 SMTs and all this stuff. Very important in my trading but pretty advanced. Um but yeah, I never use, by the way, I never use RTY SMT with NQS. So that's only going to be YM, by the way. Um, so how are you going to know when price is going to consolidate if price already had the uh idea that it can go from internal to external? That's basically saying that if we try to trade it, we are essentially screwed before we realize it. Yeah. So like when you hit a key level, you're simply going to be waiting for reversal signature. So it's like you're just waiting for what phase of price is going to happen, right? Um, and if you don't get a reversal signature, then what are you going to get? probably a retracement or consolidation. So as simple as that. Does that make sense? Do you have any back test? Yeah, I do. I have like two. We do that. Um we do uh back test every couple weeks like every other week or something. Just go on W. You'll find it. drivers for Forex. Um, when there's no news, there is no driver. So, it's just going to be like maybe London Open. I don't know to be honest, but it's not going to be the same. Generally, it's really not. You're going to refer to drivers folder news events. And by the way, a lot of people don't know this, but um 8:30 is absolutely useless when there's no red folder. And 930 is only applicable to indices. We're not using 930 with uh with gold or oil or anything else. So a lot of people don't know that. Uh can we trade C2 on the 4 hour? Uh if it's the candle that hits the uh key level if the wick is small. Yeah. So we can trade that, right? Um, so if candle one on the 4 hour hits a key level, then we can trade a candle 2 reversal expansion on the 4 hour. Sometimes you took the trade from the first CSD. How so? That's a that's a uh positional entry. So that's what we're going to be going over on not my next slide, but my next slide. It's going to be more so entry focused. It's a bit more advanced. It just requires a specific framework because it's a risky, right? So you need the framework to make up for it. Is it possible to leave the Discord chat on the right according? So we see questions in the chat as well. Oh, you guys can't see. Wait, what? Possible to leave the Discord chat on the right. Oh, like at all times. I don't know, be honest. I'd appreciate if you could upload these slides. Okay, cool. Y'all, I'll try to figure that out. not that slide when it comes to the swing point. Oh, whoops. How do you decide when you trade a 6 a.m. candle and trade around the 9:30? So, it's essentially like if I'm going to trade the 6M candle, it's either going to be two things. It's going to be um reversal or sorry, New York reversal or New York continuation. So if price hits a relevant points before the 6 a.m. candle um then we could be you know uh trading a continuation right if there's a established high of day. Now the way we confirm that is with drivers. So you we'll always see drivers expanding away from the high and low of the day um when they're put in prior to a driver. So we're pairing our 6 a.m. entries with drivers always always because that it does two things. It first off, you can pair it with entries, which is always great. You have that volatility, but also it confirms narrative. Like drivers confirm narrative every single day, and it happened a lot this week. Like this week, I traded every single day. Um, but all the trades were actually 10:00 a.m. 10 a.m. candles. If you guys are newer, you guys don't know how to operate around the the drivers and stuff like that. um which we will go over like way more in depth, but I already went over it a couple times, but we're going to be more like uh you know slides you guys can refer to and stuff like that, more detailed explanation or whatever. Um you guys can just use the 10 a.m. candle for now. It's going to be like the majority of the time anyways. It's always going to be continuation generally because you don't really want a 10 a.m. reversal because that means that the the drivers fail to reverse which is not something you want to see ideally. So generally it's always continuation because you have the previous two sessions and the drivers prior to the tenium candle. So generally there's going to be a higher low day already established. So then it's about trading continuation, right? um away from that low day. As long as there there is objectives to hits volleyball tournament. Oh, now you're cooked. Uh will you ever do like a live trading session or record full sessions of trading? So, yeah. So, there's a thing like I don't know how Nico does that. Never been in a stream. Um there's two reasons why I don't know if I want to do that. First off, I don't get paid to do that. That's one thing. Um, so like that's I'm just not going to do that just because that reasons. But um, another reason is because you see AM and AM and T don't do that. It's cuz they don't want to f like it's just structured. The the lens is like structured that way where we want to ideally just not do like signals or or that type of way or something. I don't know. If I had my own membership, I definitely would live life trading and stuff, but again, not in my contract to do. Um, also I like to focus on my own trading. Um, but yeah, I mean, if I had my own internship, I would do it because it's definitely valuable. I can see how it's valuable. Maybe like one day or whatever, but um, yeah, there's like some league legality or I can't even say the [ __ ] word, but like you have to like remove um, like I can't live trade. I can't show the trade or something. T told me about it because I was going to do it one day and then he said I couldn't show the P&L or whatever the trade and I couldn't show where I was entering. I was like what? That's just stupid. So, it just all seems like stupid. But yeah, would love a stream on correlation. Yeah, we'll get to that. Multi-stage SMT is where on Q. Yeah, we'll go over that stuff. Multi-stage SMT as well. Um I'd also like to know this there's a short YM where he entered 9:30 versus waiting per minute. Yeah. So I will trade within the 6M candle but the 6M candle has to support expansion rate. So the question but can you show your whole watch list? F told me to trade 1,000 pairs. What the [ __ ] Yeah, sorry. It's just right here. It's just indices, gold, and oil. That's it. What the difference between gxt for proline from teacher fractional is just that proline doesn't wait for for but as long as there's cd. No, you don't need a cst. No, you don't need any csd. You only need the cd within the fract model. So that's what's also separates my model from like am trades or something. You don't need an hourly CST. You don't need a 30-minute C. You don't need a 15-minute CST. None of that. Um, GXT is like a um mechanical way of defining high probability fractal models essentially. It's the it's a framework almost, right? We're aligning expansion candles in the same direction. Um, and the profiles in a sense as well can make it mechanical and like winter time entries, right? Cuz if a 4-hour candle doesn't support expansion, then you mechanically wait for 10 a.m. to open. So that's giving you a time window to mechanically look for trades. Right. So it's it's different from the fractal model but not really like obviously the entry is the same process but as far as far as like going about with like profiling and um bias or whatever like I do things a bit differently. If you look at AM trades and T trades uh you know course on like profiling it's a bit different right? my I specifically focus on profiling because I can trade almost I can't trade every day obviously but when the when the um framework is there I will trade I will trade it because I will trade a 1 hour or 4hour model right um that is supported by the daily candle so I don't need a higher time frame closure like maybe T trades requires or or whatever like I don't need this all this framework on the higher time frame necessarily um but yeah I just get deeper into profile filing which makes up for it and I have all these like different type of filters right with not fading a 4hour candle which helps you um avoid low probability conditions and all all these other ways I view invalidation stuff which we'll get into but yeah what times will you start looking for trades there's 8:30 news and when there's not 8:30 news okay so let's let's go over indices first so when there's no news um prior to or yeah there's no 8:30 news then I'm going to always refer to 9:30 generally because that confirms um a continuation if there's a higher low established now if there is no higher low established then I want the driver to create it then I will trade 10 a.m. uation, but I can also pair my entry with 9:30. So, I'm going to wait for 9:30 generally, right? Um, but you know, if there is 8:30 news, I'm also going to either pair my entry with 8:30 news or I'm going to wait for 9:30, right? Because 8:30 could manipulate, etc. Um for for um gold and oil, I'm going to wait for 8 a.m. Any profiles usable in London session or is it more like a New York uh Wait, any profiles usable for London or is it more Oh, no, no. Yeah, we're going to go over London session signatures and stuff. It's It's very um repeatable as well. So, all London traders, next stream is going to be dope for you guys. Like you're going to have a mechanical way of viewing this stuff. Like it's going to be sick. Um okay. So what time are we at? We're almost at an hour. Hi guys. I see sometimes there are days when um today's big distribution is coming out in 4 hours of 6 a.m. and some 4 hour candles 10 a.m. And like of the 6 a.m. candle, I missed a day because I can't understand how they trade trade the candle. After all, all 930 there is a market opening and there is very difficult to identify if you're interraction or certainly pricing moment that in any case. So how you usually manage to trade the candle of 6 a.m. but so again this is more so intraday focus. So this is literally next stream like we're going to get in depth. So we're going to save that. We're going to go over that uh next stream. Sometimes you do not create SMT. How do you They don't have to create SMT. They don't have to create the high of day low of day. They can expand away. So if there already is a higher low uh of day, then it should just expand away. So there's no manipulation um that is required, right? Because if manipulations already acquired or if manipulation already happened like that we see like in this example manipulation already occurred prior to the driver then the driver should just expand away. So it's a simple if then statement right if we have already put in a high of day prior to the driver the driver should just expand away. Now there's a couple of different things on how you can even anticipate the drivers to expand or make an opposing run and that is when we have actually expanded away from the high of the day right already then you can expect more of some sort of retracement and then close through because we've expanded so we can you know retrace but if we haven't expanded away from manipulation then there's no reason to retrace right or consolidate it should just expand so that's what we see here Right. Um, so there's like a little bit of details, but if we haven't, let's say, uh, hit a key level or reverse price or let's say we hit a key level, but we didn't reverse, the driver didn't expand away or whatever, you need the driver to reverse, right? You you need the driver to like actually hit a key level and actually reverse the day because if it doesn't, that's like invalidation. But again, we're going to talk about that stuff. Does it have to form higher low of the day to be valid daily profile? or is it trading away from a key level enough? So yeah, trading away from key level is enough. Like when you're trading, you know, away from something, that key level doesn't have to form the higher low day. You can just be trading away from continuation away from the higher low day. So I'm going to show you an example of that like here, right? So this just means that this here this idea is just you're trading from the high low day like an established higher low of day. Now why am I trading this you know away from the high of day? Why am I still trading it? The daily range is huge right? Why are you trading this? Well it's very logical because it it's a simple if then statement again like all my trades are if then statements. They're not uh they're not they're reactionary. They're not pred I don't predict anything like I literally come in today and I see how the daily profile is printing and I react to it and drivers are going to tell you always what's going to happen generally in just the previous sessions right so here it could make sense for sure to come back within this range right that that makes sense because we've already expanded prior we're coming off of like a huge displacement range so we could definitely come back in the range but what what would the drivers need to do right when would When would we come back within the range? It would be around drivers, right? So, when we see NFP not displace away from this low and we see 930 also not displace away from low. Well, that's very telling because now that we we are not going to go higher because if the drivers the important times of the day can't displace higher, then we don't expect like um like noon or like PM session to do it. So at this point, I now focus on this model for continuation, right? Internal to external. I either know that we're going to continue bearish or consolidate. We're not going to expand higher. This makes sense um because we would have done that within the drivers, right? So when I look lower on these time frames, there's some additional stuff that I haven't t I haven't even taught you guys that kind of hints towards this. But if you just simply look here, right, we have a C2 closure on the prior to 9:30, right? So some sort of reversal, right? And then we seeing 930 expand away from that. You see that? So here is 9:30. It's expanding away from that, which is good. That's exactly what we see. You see how repeatable these things are, right? And then we see 10 a.m. This is my trade that I took here. Put on AQ. Right. Um, and there's SMT here as well. So, we're pairing the uh high of the 10 AM candle with SMT, which is essentially just this, right? But fractally. Um, and then we can assume this the high of the candle, right? Which is just the hourly fractal model, but on the 3minut instead because I personally I view the uh 3minut, the five minute like the same thing. um like this is the opposing candle that created SMT and swap out this high. It's not this. It's not this, you know, this move here. Like I don't really care about this like uh indecision candle here. More so concerned about the last violent up closed move, which is this. Um so you can just three minute. It's like the same thing to me. So yeah, we have the hourly close SMT. Um this is just GXT, right? So the 4hour candle is opening up within an already existing fractal model which is the hourly close. So this is 9:30 reversal. You can view it within hourly candle. So if I go to gold here we can view that um we have 7 a.m. reversal and 8 a.m. which is the driver expansion. When I go to back to like NQ or something we see 9:30 reversal 10 a.m. continuation. If I go to like uh this day here, holy [ __ ] what the [ __ ] When I go to uh this day here, we have 9:30 reversal, 10 a.m. continuation. So, I traded every single day this week. If I go over to here on you, you see 9 9:30 uh manipulation where we have the fractal model here. So, this is GXT, right? This is what we traded 10 a.m. continuation. every single day was some sort of 10 a.m. continuation. Now, this is a trade that I took a very small move. And I'll go over this day and we're probably going to end it here. Um because this is a lot of people got confused uh about this, right? There's like an SMT on both sides. How do you know which SMT How do you know which assets lagging? Because one one is lying right now, right? Like one of these SMTs is fake, right? How do you know which one is fake? Well, what do you see at the previous high SMT, right? We see price expand away, right? Creating a fair value gap, which is a reversal signature, right? What happens when we take out this external low? What do we do? We consolidate, right? So, we don't trade away from this. We don't trade from this continuous signature. So what this tells you is when you see this even on the stronger asset is you see a continuous signature even on the stronger asset. So this tells you that INQ is lagging and this S&P will break. So this becomes a draw in liquidity but I'm not going to trade INQ because it's stronger. Right? So if 930 reversed you see this it hit a key level within this hourly candle we have a 30 minute close. So, we're simply opening up 10 a.m. within a lower time from reversal. I can simply frame this trade from internal to external, right? Isn't that just simple? Um, and I target EQ of this range here because it's the weaker asset. And that's my trade for the day. I don't have to be right about anything else. I don't have to be right about it being a bullish day. This logically makes sense. It's a lagging asset. This SMT will break, right? So obviously if this is going to expand at this low then ES will also expand right obviously right so that's why I traded it was a simple move literally from one candle I got two R right here one candle and then we hit these relevant objectives right so this is this SMT doing its job right this SMT did its job by pushing price to reaccumulate off these relevant swings right because you see the the space between these swings and these swings Right? You already have a reversal candle. We're already not anticipating the first day to reverse, right? Especially on NFP. I actually expected this for this week. And again, expectations are they're not that important to me, right? Because we just react. Um, that's how I do it at least. So, I'm not really expecting price to pick a side here. I'm expecting price to kind of trade within this range for NFP to kind of expand, right? But obviously we have Trump yap and obviously that's pretty significant when we look at this price over here. This is all tariff talk here. We have huge ranges, right? So when he yaps, I mean, look at this day, right? This this day um reverses in one hour, this whole day, 1 hour, which then it confirms a bearish weekly profile. We just open high first into a model. So we're always trading models where you have an internal range. You take a range low, you have an internal range of liquidity to external range liquidity. And then it's just about do we manipulate this low and create a continuous signature. The fact that we don't manipulate this low means we can continue, right? Um but yeah, probably end it there guys. Um I will get to these questions. Um if you guys have any more just go ahead and like repost these in uh you know your maybe your journal or whatever, right? The fract model chat or whatever. Probably indicate guys. Um, but yeah, my computer comes in like today. Um, I'm gonna start making YouTube videos probably. I'm gonna learn how to edit, make YouTube videos for y'all and just like update or upgrade my content creation in a sense and then TDX can retire from cameraman. Yes, sir. All right, y'all have a great weekend. Hopefully, I found this insightful. Next week will be a good stream, so you don't want to miss that. So, catch you later. Have a good weekend.