e e e well good morning folks this an audio check real quick all right latency test now it's about three seconds not bad not bad hope you're all doing well give everybody a minute or two here just want to get a couple thousand mons before I start talking right again good morning happy Monday to you so we are looking at the NASDAQ here and I'm sure some of you are wondering what on Earth is ICT hiding look in the upper left you see that right there some of you have't actually been leaving comments saying all right dude what indicate your hid um I have students all around the world that will tip me off on some things about some tools or little things that uh trading view don't know they see me doing something maybe on a live stream or something in a recording and I say hey look at look at this I I think this will be helpful for the most part most of the things that they tell me either I know about because another student has taught me about trading views little hot buttons or shortcuts whatnot which I'm thankful for I'm not so old and set my ways I won't learn something from someone even a student if it's useful not in trading but in technical stuff like the trading view but the little thing here is just the [Music] watermarks not that this is a plug for any one of these individuals I'm train I'm I'm testing them to see if they accomplish what I want and honestly this is not big enough for me I like to be a little bit more obnoxious and larger than that and this is just me what I usually do I just add something to move it around because there's dip shits on other platforms and they take my content and they act like they're me and they not so as a reminder I'm not only Instagram I'm not on Discord I'm not on Facebook I'm not teaching paid mentorships so people are soliciting to you directly or indirectly asking you for money that's not me I'm not here doing it for free so anyway I I got a lot of questions over the weekend for students that have been with me for a while and they wanted to know how someone with more experience would use what I'm outlining for Caleb's model in their hands so I kind of demonstrated that this morning I also kind of like the segue into uh entry entry entry patterns and uh how to enter into the setups that we're looking for also how to get over that hump of fear of being wrong because before you start trading with the demo account uh you're going to be watching price action so we're going to do a little bit of a Time leap just for the sake of answering questions also give the direction to my son Caleb where he's going to be going to next after spending some time doing what we're doing he's not there yet so don't don't don't think for a second he understands how to determine the draw on liquidity that's the part he's working on so which is what every one of you are probably going to and there's nothing wrong with that it's taking you little bit longer than you thought it was going to just relax it's fun but the uh the mechanics of how we look at Price action uh the the framework I'm going to start teaching on this week and we'll be doing some afternoon sessions as well this week too but the uh Jackson H Symposium and Fed chair pal is going to be jaw burning several times this week uh we have a speaker that's been talking I think for about 11 minutes 12 minutes now or was scheduled to I I don't care so much about them and when pal talk I am aware I'm trying to either be out of the way before he starts talking and wait till something happens and the the price action that makes sense based on the time he's talking they'll say it's because of what he said and it's not it's the actual intervention that's being influenced over price action it's not the buying and selling pressure it's they will do certain things in price action and use the excuse that it was pal but it's really just them maning me and that's just the way it is but the Jackson Hole Symposium is typically an opportunity for some some wild stuff to occur and you we'll probably see some some really nice volatility on Wednesday Thursday and Friday as the result of all that so anyway uh we are looking at the new week opening gap for this given week and I have to take you back to the one minute chart this is how you calibrate your your levels okay so here is the settlement price on Friday the last tick is the close so we want to annotate that so it's 19604 young man in the comment section ask me why I opening Gap isn't lower and then here is the opening price Sunday at 6 p.m. and that's the opening Gap there is no consequent encroachment being annotated there because it just fell short of 20 handles and you're welcome to do that if you want you simply just take the F drop it on the low and the high and there's your consequent approachment you just simply [Music] this drop on there like that and take to whatever color you want call date new week opening Gap High August I'm sorry not high but new week opening Gap August 18 2024 and then C period e perioda but I don't need that but you're welcome to have that on the chart that's nothing wrong with it and uh again that's what this little thing is here for sign on late I'm not hiding indicators I'm hiding the watermarks so again these are not me cosigner saying they're good that I love them this is not big enough for me say I wear an extra L petite like that doesn't work for me okay so we are seeing the responses off of that we go the Gap here TR down to the low yeah have really nice relative equal highs in place now going into the opening 10 seconds 12 seconds in post opening bell we've attacked the relative equal lows here and I'll go over this trade that I did this morning to show the students that are a little bit more advanced how they'll use the entry models that I'm going to be teaching using Caleb's model all right so let's take a quick look at the regular trading hours never be in a rush don't feel like you're missing anything and take this off for a sec so we have this price here that is your opening range Gap High we are now trading and formulating the opening range okay so the Gap is the difference between where we settled at regular trading session hours and where we opened so that is this this is your opening range [Music] Gap right so that's your range Gap came back up almost three quarters of the way if not actually three quarters just fell short of that there see anything so I'm measuring the opening price to where we closed previous session on regular trading hours we have relative equal highs and we didn't quite completely close that in it's the first few minutes of trading so I'm watching to see if we have any interest in doing that holding no hard bias right now we have a little bit of sell side resting below these relatively cool lows here I'll dig in see that swing it's a swing low so don't look at this area here as you know there's no there's no low there to to Mark with this one it is this one and this one so you use the lowest one you're got to take [Music] that and don't want it red okay so we just came back up hit the new week opening Gap low here and you can see the response off the lower quadrant on the opening range gap which is shaded here in pink just bang the bottom of the opening range Gap low again and the buy side is here cell side is down here if it want to overshoot the how far can below here you can touch the new day opening gap on August 16th so that's the benefit of having these levels on a notepad or on your charts Vis visually this is a little too busy for me I'm GNA take that off because it's distracting to me but if it helps you by all means to keep it on your [Music] chart these are the lows where sell side is so I'll annotate that you should be doing this on your chart not worrying about where I think it's going to go next so you can try to trade you're doing that while you're watching my live streams you're not learning you're copycatting and you're copycatting with limited understanding you have no idea what I'm talking about why I'm even referring to it so that means you're going to be in high anxiety state of mind hoping that something magical happens because you followed your impuls of nature instead of wanting to learn how to do this stuff for real without looking at my videos ever again all right so that's the that's your range for liquidity on both extremes you have buy side and cell side so far we have respected the opening range failed to get at the 3/4 or upper quadrant level consequent correction of it and do we want to sweep down to engage this liquidity here here and retap into that new day opening gap on the 16th and then should it do that I would expect it to try to make some kind of an attempt technically not to run R straight from there but to give some kind of technical indication that it may want to be interesting going up here so that means I'm kind of forecasting some idea technically that would potentially form say uh a very small short-term breaker um a shift in Market structure some kind of a fair value Gap that you come back in tap into and if it gives that type of intel if it gives it a kind of technical formation after trading down in here then I'd be interested to see does it start building all of those same things that we look for and all the price run from here all the way up using every ref reference point there carried over here do it use it like a footing to climb higher to make an attempt to get up in here I'm not calling that as a bias that's something I'm interested in to see if it'll do it that's not me saying I'm only waiting to do that because right now I'm waiting to see does it want to trade down here now when I say things like that um I see I see comments in my own videos in my live stream doesn't have ability to to leave a comment but usually they'll go to the most recent post on the community tab or the most recent video where comments can be left and they'll say you know he doesn't know what he referring to me he doesn't know where it's going he doesn't have a trade you know something that effect and you're you really don't know what I'm doing because you don't listen just like the individuals that are telling me this trade shouldn't have been taken because you're supposed to be waiting for relative equal highs and relative equal lows and again you don't know what I'm addressing you have no no idea what I'm talking about and why I'm talking about and the audience members so here's the reach below the sell side liquidity so what you want to do is for that you want to screenshot it and go into your 15c and 30 second chart inside of the opening range Gap we do that um how far can it trade below the sells side liquidity uh initially it can touch the new day opening Gap here as we just saw here you want to screenshot that on your chart not my not my live stream don't do that because if you do that you're you're not you're not doing what you're supposed to be doing supposed to be doing this with your own charts so a price run from the new week opening G low or say the lower quadrant or the consequent encroachment that would be a nice run to go back and do a back study on taking screenshots of it looking for reasons why it would be a pass like I wouldn't take that trade even though it delivered or this is what my entry model looks like like because in the beginning you're going to have to try to capture and collect a lot of this type of information to kind of like to promote the idea of inspiration and keep you motivated because you're not watching a demo ticker go up and down with profit and loss so it makes it very uh boring and that's okay boring is good while you're learning because eventually if you do everything right this stuff can make you profit and that profit is only determined and limited by what you have put into it so I want show you inside of this opening range Gap what makes it the opening range Gap we have 930 here that's the opening price that's what's being anchored to and the high is where we stop trading regular trading hours so real quick let me pop it up here that's this on Friday so regular session trading settlement is 4:15 p.m. eastern time even though electronic trading continues until 5:00 p.m then it stops and then because it's Friday it doesn't resume until 6: PM Sunday eastern time on any any other day but Friday Andor a holiday we have that 5:00 pm stop and then it resumes one hour later at 6 PM so it's very important you understand what these levels and what I'm referring to this is the opening range Gap the difference between where we settle at 4:15 p.m. eastern time and where we start trading regular trading hours not electronic regular trading hours that means we start trading at 9:30 opening bell eent time just starts ticking we round it up now we overshot the uh new day opening Gap so we want to see does it want to make an attempt to get in here find some footing inside of these Wicks why because there's consequent coent in that and then maybe Wick out of that come back down and tap the new day opening Gap high again and start making some structure to maybe return back into the new weak opening Gap low and get back in potentially into this opening range Gap I'm not calling that I'm looking for reasons to hunt a setup should that form I've already outline where it was going to reach to you're looking for reasons to justify why the market may do a certain run here or there what's nice is or what is nice rather is that we've already had the sell off down into the liquidity we're looking for and we have these relative equal highs they just sitting there now who's made money so far this morning shorts so the initial opening range is 30 minutes long it's not 15 minutes I don't care who's telling you that okay there is no 15minute opening range that is something that is just a gimmick for to to look different to stand apart I promise you I promise you it's the first 30 minutes that means 9:30 to 10 so you're best served by not taking any entries in that first 30 minutes when your experience level is nil zero when you don't know what you're looking for when you don't know how to trade you don't know how to repr price action to sit still for the first 30 minutes number one it teaches you discipline it teaches you patience and you're also going to filter out a lot of the the fake price setups that you're probably going to be impulsively chasing oh I got to chase it it's doing this it's doing that he's wrong he's live streaming he said his bias is here these are all the comments that I see in other people's YouTube channels leaving comments about me or they'll leave it in my comment section and you don't know what you're talking about what I'm teaching is how my son Caleb who isn't good at reading price yet he's not good at it I don't know what part of this didn't you understand so to give him a framework to start with what should he start doing what exercises should he and anyone else that wants to do the same thing he's willing to go through how do you start how do you start ICT stuff what videos should I watch what should I you start here I'm literally talking to someone that's brand spanking new well he's not Grand spanking new but in terms of being able to go through it with a structured approach not just simply me telling my sons to hey go to my YouTube channel and go through the mentorship videos it's it's it's a lot and it's int it's very intimidating so what I do and how I taught people in the 90s was I would sit down with them and say okay here's what we're doing we're watching price action and I would point out things like this and tell you look at this note this watch this and see does these things have a interesting and in your observation do you see something there that is obvious that would draw your attention to it see how fast we came right back up in the opening range Gap why's wrong so many other Jokers out there doing goldbach and supply and demand they're down here you they're trying to sell then he's wrong he's wrong he ain't GNA go back up there and we're in here now but they're never going to show you that trade they're never going to do that so we're inside of the opening range Gap so now what we've done is we've gone just above this High here so we've now delivered buy side a little bit more buy side still is uh inefficient until we touch the high of that now it can touch the new week opening Gap low and Wick just outside of it because we have a little bit of inefficiency see that candle's high right there and where we are here so it can go back down into this portion the wick can go below this new week opening Gap and still Main M the structure that's conducive for it to go back up here and challenge that b side liquidity that everybody feels safe right now would you feel safe if your stop was there and you're short imagine that say you're short and you have a stop loss right here if your stop on a short position sitting right there and you didn't want to Trail it okay because you didn't want to lock in anything and you gave up all of this if you give up 60% of an open profit of a trade that's unrealized in other words you haven't closed the trade yet because you're trying to hold for a long Type move or whatever 60% of of retracement on a trade and you didn't take any partials to me is something I would not be comfortable with because especially when you're first learning how to trade or trying to find a model or develop a model or develop some kind of a skill set to lean on as this is what I'm trying to do and I'm going to work with this until it proves that it's ineffective and or I find something better in the process of using it because that's that's what my hope is with my son Caleb by forcing him to use the the entry mechanism of the fair value Gap within the context of orderflow not the that's level two and depth of market and volume profile volume profile is a bunch of too I'm not as well just to that out there I know I'm going to break some hearts I don't give a okay because the little boys that are on other YouTube channels leave your comment in mind leave your comment on M and I'll let it be seen and I'll challenge you openly to bring your Mickey Mouse on live I'll stream right next to you and I'll have a chart or a screen with your live and I'll show you that you don't know you don't know anything but you won't do that that's okay but by looking at the fair value Gap as an entry mechanism initially it may help him see like the order block it may may help him see a breaker it may show a inversion fair value Gap that that might be his model but because he has the fear of it's too much information Dad it's overload I don't know what to do and he's my son and it's something that most people do when they come to my childan they're like man where do I start with all this stuff because you don't want to waste time well there's no such thing as wasting time because if you just start and start getting your hands in price action start looking at what price is doing and how these things are annotated in price and how I call your attention to it you will by default build a baseline understanding and then that way you'll be able to grow from there regardless of what you start with if it's order block if it's optimal trade entry if it's you know whatever yeah the list is long right but whatever it is you as long as you start that that gives you the Baseline to to build on but if you spend so much time or just say I don't know how to start with this guy these two main things or I've read some negative stuff about him okay you're the person I don't want to talk to because you didn't even bother to look and see if this stuff that's for free has any Merit for you so we came all the way back down into this area here with this Wick in closing price this area here should not close in now because we've already went back into the opening range Gap I'd like to see a close above the consequent cach of that and then next candle come down fail to touch consequent enement and then springboard into upper quadrant of the new week opening G uh high and that mid level between halfway in here which will be upper quadrant and build some momentum to try to get into that buite and then once it should it do that we'll drop down into the 15c chart and we'll look at where we have traded from here all of the turn in here and all the business here and I'll show you the uh the way you would go back through and also how to use the information I was showing as a actual live execution with uh the NQ earlier damn you had to tell me my profile profile buch of it is you're looking at gimmicks you're not looking at price but you say you're looking at price you're saying you're looking at order FL no you're not looking another no idea what you're doing but it sounds technical it looks cool with all that horizontal vertical volume nodes and all little highest high and the lowest low volume it sounds real Technical and none of that matters it literally has nothing to do with it all right so we able to get to the high of the opening range Gap one more time tapping in here look back where we are in this no actual fair value got that small little separation right there see that that's the only thing that my eye jumps to and that's about midpoint of that uh down close candle so in my mind and can it touch that again it could I'd rather it didn't it needs to get up into and use this little area in here as a footing if not run right on them and take the bide out and break the hearts of those that are short because they're trying to fade me show me that video show me that one I have so many people counseling me in in the comment section too you spend so much time on the people that hate you and you don't spend that much time on the people that love you and support you I'm spending more time for the people that love and support me by actually doing the content that that goes without saying I'm just having fun with the people that think that I'm getting a broken heart over anything they say because it's nonsense but it is humorous a lot you should be thankful because a lot of that stuff Spurs my interest I'm like I like coming out here and rubbing their nose in it all right so see the volume and balance right here now with what we already have in price so we came down here whipped below uh the new day opening Gap from August 16th came back climbed all the way back up into the opening range gap which is shaded in pink and found its way to the high end of it we're inside of this little business here this to me is a little porous because we had these two candles in here even though the opening of this candle and this close of this candle are essentially the same this sputtering this like little bit of pause without any bodies forming kind of like in my mind thinks it has to deliver a couple times in that in that area again and you can see we had it here we had a buy side here we open traded back down and we open trade one one more time up so we're getting that return back into the opening range so that's what I'm saying we have we have to get through this area here I gotta get a cup every time I get every time I open my water get a drink the clicking and the all that sand that would that would get on my nerves if I was listening to someone else so I'm trying to make myself mindful that I always say it I just don't do it this is I grab a water and head to my location answer where I'm gonna stream to um for your notes also just know that the Jackson Hole Symposium uh whenever that occurs in price action you're going to get a lot of overlapping price delivery that means a lot of back and forth it's going to re it's going to redeliver over ranges that would otherwise in any other given climate it wouldn't generally do that so frequently and so often but that's just the characteristic for this event that takes place and what is the Jackson hle Symposium it's a bunch of jokers that come together okay and they uh they look at Trends they look at uh things around the world and it's it's a matter of uh people that I don't want to fraize with and I would never fraize with and they're like the they they think of themselves as the the the elites or whatever and they look at how they can push things around I guess put it that way now you might not hear it described that way but that's really what it is but because of that there's people that are always sitting outside waiting for someone to the drag to the side and say Hey you know can you tell us what's going on like what's the um what's the hot buttons this time uh what are we listening for what are the uh the directions and in all this this time and sometimes they're very closed lifts um sometimes other people like tossing out hints and newswires or people that are pumping that kind of information out they will do that with the expectation and hopes that it will spur on Market sentiment or disrupt Market sentiment again I could care less price is either going to tell me or I'm not doing anything with it and that's makes it a whole lot easier it doesn't complicate things because soon as you start asking for what do you think's happening what do you thinks who gives a what they're thinking the Market's going to do what the Market's going to do and you have to be there to react on it or stand aside so we're spending a little bit more times more time in the opening range than I would have liked so if it's going to run for that buy side it would need to gy up and go and not do a close below the midpoint of that Wick right here can it come down tap that and come all the way back up and run over top sure can but I would I wouldn't personally want to be interested in seeing anything on the close below the midpoint of that I'd like to see this stay open if it comes down a hits it and rejects that's another entirely supporting thing that would be in the delivery but still I wouldn't want to see that no words say I was in a trade I would not want to see it come back down in here I'd like to see it support Wick here with no close below excuse me okay you're in that wi I'm sorry you're in that fair G below the wick at the end of the week when you get to Friday when it's no longer trading and or the weekend go back and look at your one minute charts and you'll see a lot of overlapping price delivery back and forth back and forth that's usually what you get on the week that Jacks and hole Symposium unfolds it's it's just one of those things I don't know why it does it so don't ask me okay cuz it's not like I'm hiding it from you I just noted that that's something over the years that I tend to notice so how how could you use that information you need to be if you're going to be trading at all during the week of Jackson Hole especially during the days like day one day two day three of this week you want to be thinking about where your first line of partials are going to be and don't think well I'm going to outsmart the market and while that would be a wonderful place to take a partial I'm going to be a little bit more greedy I need to hold for a larger trade I need to impress somebody else and that's something you shouldn't be trying to do you want to find a level that's easy low threshold and then get out and take some part partial profits because if not what'll happen this is you'll be in some really nice trades and you'll be riding a a run from a low or to a high down to a inefficiency or something to affect of the discount and it'll feel wonderful while you're in it and it could be delivering rather quickly but then it'll completely overlap all that run again and if you cha your stop you'll get knocked out with nothing or you'll get stopped out because you're trying to hold on to something that isn't going to deliver in one way delivery like one sided this it's going to be back and forth and it's going to completely overlap a price run that you wouldn't generally expect it to do uh there is no other time of the year or any kind of other event that I've noticed that it has that characteristic it's just something that I never seen anybody else refer to it or whatever but it'll it'll be something everybody talks about now but I want you to look at it this weekend go back over your charts and you'll see there's a whole lot of over lapping of what price is done before it goes to significant targets or objectives yeah I wish this thing to the fow that uh made this one I'm not sure sure which one it is if it's this yes that one so AG gfx I'm assuming that's the person or the account for trading view or P thir I don't know I guess that's what they call themselves um if you can make this bigger because the large is I have it set to huge and it doesn't it doesn't do it enough for me unless I'm doing something incorrect with it so if I'm doing incorrectly um send me a video with a short little uh private video uploaded to YouTube If you send me something that's a MP3 or I'm sorry MP4 and uh I'm never going to open that up because you might be sending me a virus I'm not trying to do all that business but if you send me a YouTube link to a private video I I'll watch that don't make it a long one please I don't have time to be watching all that stuff but if if you can make it larger and I mean like from like from here to here so about that broad that's what I want on my chart if you go back and look at my other videos or actually type out the watermark itself as an overlay I I put that Watermark as an overlay on the Camtasia recording so it's technically not there when I'm recording and then I overlay it and reduce the opaqueness and that size is what I'm looking for I haven't looked at every single one of the trading view indicators that do a watermark so just know that these are the only two I've messed around with not that anyone recommend either one of them it's just this is what I've used for right now I wish I didn't have to even bother doing it but people with less class and Bottom Feeders they like to take people's content especially in M if I'm executing if I'm highlighting something and they can put it on their social media account that's pretending to be me and it makes it look like it's really me it's really not it just take something I've already produced so see how we're back and forth everything's overlapping the previous short-term run and if you're expecting new that real nice one directional price runs during the week of Jackson Hole is going to frustrate you because this is what I've ENC now is it every single week that it does that when it's Jackson Hole no but predominantly I I have learned that trades will come back on me deeper and run right back over top of the short-term price legs and if any other instances of me where I will roll the Stop and cover costs cover commissions cover you know whatever they generally will come back and hit that stop loss because of this is the the climate that it creates so if you're going to trade you want to be looking for if you're in a long soon as it trades into a premium inefficiency that means a sell side of balance buy side efficiency or a short-term high if it clears a short-term High you better take something off and if you don't you're literally asking for the market to to take every opportunity for you to find profit away only during this given week though there's no other there's no other climate there's no other thing that goes on in the economic calendar that I have that same observation with so it's just a matter of everything redelivers back and forth and it generally does it the week of Jackson Hole so when can you expect Seek and Destroy Jackson Hole but it can be done in a manner where you don't see it coming you don't really think it's there until it's actually stopped you out several times and the worst thing you can do is over trade on this week so know what you're looking for what's the easiest low hanging fruit objective say for instance you you felt strongly that uh you this this turn down here would something to be noteworthy and we thought that the opening range Gap could be a nice draw when when we ran up into it here and created that short-term high and didn't completely close into the top of it when it trades back down soon as it crossed it right there that would have been a partial I was pulling your attention here it needed to get through that it went right up in that area stagnated and then rolled down 3/4 of the opening range Gap lower quadrant of the opening range Gap and failure to get to the new week opening Gap low or touch the opening range Gap and displacement to the downside so watch this Wick in here this is the lowest [Music] one again these are my fif settings so we can see it [Music] so far we've cleared the rejection block which is the lowest down close candle in the swing here me swep that there do you feel safe if you were short up here if you shorted in here with your stop loss right there would you feel safe what if you didn't sh sell short there but then you sold short here would you feel safe with your stop loss right here I probably shouldn't shuffle cards you're going to hear that and think what's he doing leave a comment even though nobody else sees them on my most recent Community post leave a uh comment and tell me do you fidget while you're watching price action Andor Trading and if not what are your hands doing and don't be obscene I touched myself ICD some of you going to use that opportunity of course I'm touching myself I watch Deadpool too right that that's not what I'm inviting you to to do you guys are creepy note that volume IM balance right there [Applause] [Music] see where the bodies are closed at right inside that volume of bounds that's the stuff I like to look for the Wicks are allowed to do the damage and that's the part when candles are are open and they're still forming they haven't settled and closed and started a new candle that's the stuff in a book that can't be like you can't get that information shared with you watching ing oh not watching but reading a book with static charts even if I did a multiple series of of updating of like think about how long the book would be if I was showing you a Candlestick and screenshotting every fluctuation while the Candlestick was still active what it would look like and how it's morphing like that that I just don't know how I don't know how to communicate that outside of actually watching price action with you and observing and pointing and saying look what it's do doing here and or look how it just did that when we were watching this candle we were watching reach for this we were watching reach for that that's that's an organic study that you can't replicate that and even Market replay doesn't doesn't do it it does not do it so you have to have someone that's sitting with you live pointing out certain things in price action that are Salient to why things should or shouldn't behave but you have to watch it and also relax and know that the Wicks are going to reach outside of the levels that you want to see them stay within and that's one of the things you're going to have to get comfortable with Caleb because when you're looking at Price you the first time I I showed him a fair value got he thought that you know by me describing it should go right in there don't go outside the lines of the low and the high of it just go right into the middle of it completely overlap it perfectly and then move to the higher low that we were you aiming for as a draw and then soon as it would go outside the line of the low if we're trying to use it for a long and as soon as it would color outside the the lowest boundary of it and the the body of the candle is still active because it hasn't closed yet but it's just outside of it and he's like okay well that shouldn't we get out of this right now or is this not going to go up because look what it went outside no that's the part you have to submit to like you have to watch these things and when you see that it's just forming the wick that's all it's doing and before it can become a wick it has to be a boldfaced candle at the level that makes the low of the wick or the high of the wick so you can't appreciate that unless you sit here and watch very low time frame charts because you get lots of examples of it look at reaction off that volume bounce I to look how the bodies closed right at it see that you're going to find that W off the you are it's not in there it's not in there so here at the opening range Gap high again so now we don't want to see the midpoint of that so let's highlight that we don't want to see that breached because we've been here multiple times now no close below it can touch it it's better if we don't go down and touch it at all and we touch it now it needs to be responsive we don't want to see it come back down below the new week opening Gap low which is this level here on a closing basis we don't want that all of this while the candle's open completely normal nothing to be worried about nothing to be concerned about it's exactly what you need to see if a Wick's going to form you got to give the Candlestick the opportunity to go down there or go up there to form the wick if you try to be perfect and say that it can't do this and can't do that it's going to Humble you fast fast and it's going to make you frustrated it's going to make you feel like you're never going to be able to trust anything reading price action see what this did there's the wick formation we opened touched one more time the consequent encroachment of that opening range Gap delivery here's now it needs to speed up right above here and the for the folks that had their stop loss here their hearts are broken we're going to fade ICT I'm recording I can't wait to show it this is what I did against ICT well you're not doing that today are you here is the buy stops that are resting Bel the relative equal highs and as I'm pointing out things okay what you should be doing as a viewer and what Caleb should be doing is when I mention something okay for instance when I talked about how we could go down here and go into the new new day opening gap on August 16th it can trade down that you can trade down into that below these lows over here how far can it go well if it's going below here how far can it go into that new day opening Gap that's old it's an old one it's stale right no nothing get stale around here but then you have this swing low here so we have cell side that can tap into an old new day opening Gap but what did I teach you last week what did I teach you about that that we can see them trade through them and then you want to see how they behave once it does it we're not always expecting a stop and turn no further run through nothing that's uh demanding Precision like that entries you can frame entries with Precision elements but we're looking for a bias we're looking for some kind of like a sentiment to shift in the marketplace but we have to allow the market to deliver to these inefficiencies again and if it's going to go through them which is a normal characteristic especially if we're anticipating a early session start to determining a bias well we wait for it to trade through it and if it's going to go through that what's what's to the left of this relative equal lows and their sell sign so at that price level right there we have [Music] 562 Market drops always down clearing out all way to 5445 so it's allowing for any liquidity that would have been trailed from that low they cleared that out took it all the way back up to opening range Gap failed in that little area I told you we need to get through broke lower broke lower swept one more time rejection block didn't get the consequent encroachment of that Wick notice that we didn't get the consequent encroachment of the Lesser Wick either see that oops every single time I do this it jumps every time it goes to uh just short of the uh where is that right at the quadrant let me see what is that yeah it's got it hit it perfectly to the tick so the quadrant on the initial Wick hits it perfectly to the tick I'm watching the low so if you look up here that that price right here that's what I'm looking at Great on that candle the low is 560 and a qu and the upper quadrant level is 560 and a qu for this Wick see that that's just probably random but the point is is we didn't get to what level it's midpoint on either this Wick or that one it stopped went right to the rejection block which is why I was mentioning said we just cleared the rejection block watch that Wick so your observation and your takeaway for this is you want to annotate how this low stopped directly at that Wicks quadrant upper quadrant and did not touch its midpoint see that and then how fast did it run where did it go to where are the bodies right now we cleared this short-term high right there but we're working inside the opening range Gap the difference between Friday's settlement price at 4:15 p.m and since there's no technical opening price at 4:15 it's the settlement at 414 and it just doesn't give you another Candlestick when it's regular trading hours meaning [Music] this see the time at the bottom of the chart 4:15 p.m. Friday August 16th and then the next candles uh formation is on Monday at 9:30 a.m. and then we Trad it up so we've completely overlapped all this and we're banging up against the high of the opening range gap which is the settlement on regular trading hours Friday see that you're spending a lot of time in here I would not bet against that clearing a higher high I I I just wouldn't bet against it and then we have uh electronic trading hours and a chart looks completely different and it's very confusing for someone but that's the reason why you have to you have to know what you're looking at in relationship to time visually showing price action around regular trading hours and electronic trading hours you have to get used to seeing that and also while you're watching price action if you're trading like in the afternoon or if you're trading in uh L latter portions of the morning session and you're on Lower time frames if you're toggling back and forth between electronic trading hours this is what I'm showing you here now in regular trading hours I've done this in the past where I've referenced something and because I referenced it on either electronic trading or regular trading hours I mistakenly put more emphasis on something that should not have had the emphasis placed on it and I discovered oh there you go I made a mistake by having either regular trading hours on or electronic trading hours on and I messed I messed up either the trade or missed the trade entirely so that's the aspect of human fry that's going to come into your trading as well just be mindful while you're toggling back and forth I always tell myself as a result of those instances I tell myself out loud as I'm doing even when I'm not live streaming or recording something I'll say okay I'm back in electronic trading hours and then I say it again and I double check by seeing it says eth because otherwise it'll mess me all up so remember I was talking about the Jackson whole Symposium and the the characteristic of that week what does price do it overlaps back and forth the previous run 9:30 we drop down overlap that entire run here okay we drop down here overlap the entire run right above this high and now what are we doing we're overlapping all this price run here you see how fast this can frustrate you very very frustrating and it's explained to you in advance real time over live price action why do you talk so much ICT because I want my children who are always the that's the that's the audience of my videos every single presentation I've ever recorded they're always for my children so because I care about them and I want them to know everything I give them all of the bits and pieces and all those bits and pieces that get upon and cast it aside by that don't know what the they're doing and never will make money you're a clown to me you don't change anything you don't do anything I'm going to still deliver the way I'm going to deliver I'm making these for them and what are we doing we're red delivering all of this run from here to here we overlapping it now watch the wick this one here we just touched it there and the larger one right there and this one I'm just going to eyeball it right there we'll call that low just below that low the consequent approach of that Wick so it can Spike up with a wick touch that one it'd be great if it didn't touch the new opening Gap low and then rolled lower that'd be good you can see a sustainable price R then so many subtle nuances the trading you thought it was just buy when it's over sold sell when it's over B where's the Divergence knowing how you're going to get burned knowing how the market will we took our L out here how the market will behave what characteristics remember um my lectures around fomc okay like we have fomc minutes um this week that's not the same thing as a rate anal it's just the minutes so it's not as impactful as when you do a rate announcement and a policy statement at 2 o'clock there's an initial run and then at 2:30 it usually not always usually it's going against whatever you saw going into the 2 o'cl run so it's two stages so it's a two-stage delivery so going into two o'clock and then 2 o'clock to 2:30 whatever you see there directionally generally you have about 70% likelihood that it's going to do the opposite direction and it's going to be extremely much more exaggerated going the other direction so it'll it'll re reverse and do the opposite direction and go the biggest move of the day will be opposed to what you saw going into 2 o'cl as it traded to 2:30 and then when they do the conference portion of the Pal's like me he must be watching my live streams and videos because he likes to talk and he he's the longest winded fed chairman that we've ever had that I can't remember and I prefer bernacki but everybody since baki's got they get on my skin I don't like him I didn't like yelling and I don't like pal but pal you he's Cut From the Same Cloth he likes to talk and talk and talk and talk but uh if I think if he was a little bit less talkative at the 230 session we'd have really better f1c trades because sometimes he just likes to drag it out and and the more he talks the more they have to wait to to do their intervention sometimes you can just see they get they fed up with it they say okay let's just start running it while he's talking and it usually is them talking at the conference the 230 portion of the FMC um announcement usually the 230 they'll say something or open the beginning of the discussion with and that gives you all that you need for them to do whatever intervention they're going to do which really again 7% is just do the opposite of what just took place and hold on to it hold on to it till around 15 minutes after 3 and just if you look and study that don't take my word for it look and study and see that that that's usually that's the winner that's the thing but everybody likes to hold on to the close of the day and you want to be getting out early on so about 15 minutes after three why because that starts your last hour macro one of four macros that are in the 3:00 the 4:00 time window time window that's the only time of day that there's multiple macros in the same hour there are no 20 minutes to 40 minutes or uh 30 minutes to 40 minutes that's all anybody that's saying that they're just trying to sell you a gimmick I promise you that is not a thing it's not a thing all right so now we've taken sell side out below here watch new open gap on the 16th this is the last attempt if it if it breaks this low here I'm going to move to the sidelines and that would be enough for today uh but I want to see it now start to find some footing go back and use this Wick [Music] here why are you doing this now like why are you looking at that Wick why is it something that you're making a reference to why is this FIB not moving how's that for a question all right so that is it there so I'm watching this this level right there if we open on another candle come back down and touch it or fail to touch it and Rally or just run straight from here either one it's good but I'm watching this as like a like an indication of strength because this level is a a discount array right now where's price up here below it we have what we have this little bit of a gap we have the new day opening Gap High consequent encroachment new happen easy for me to say C so the new day opening Gap low and then below that we have this balanced price range of this Wick and that Wick but in the middle of that we have this midpoint of that Wick there so my ey is jumping to that so it needs to now because it's taken off like it has I don't want to see it come back down to this level now at all so let's use this information say you would have taken this as a long I'm not saying you should have I'm not saying that Caleb should have but I would use this level here as a it any any stop would have to be below that and it would have to be below this low here because this Wick up and this Wick down it's travel B back and forth in here so that portion right below that that would be a place for a stop loss using the ideas of trailing stop losses stop placement that type of thing I would not be long but if I were this is the type of thing you guys are asking me all the time how how do you arrive at where you're placing your stop loss it's a lot these things as I'm watching price and if I see these things start to form and I'm in a move that's going up or if I'm in a move that's going lower and I see the opposite side and that's start seeing these like these barriers where price has done multiple passes through after it's done something okay what is the something that was done low lower low so that's relative equal lows big liquidity resting below that we Dove down below it so it's been made Jagged down here so where is it smooth [Music] here and here okay so now we have a fair value Gap there so this could be viewed as Breakaway this could be a common gap which can fill in it can come down and give it institutional order for entry drill which is just below this Wick then leave a portion of it open it can completely laap that and close that in that's fine I'm going to take this line off because if you remember that's the old relative equal lows over here see that I'm going to take that off cuz it's distracting me and it's another reason why like I said I don't like to have too many things on my [Music] chart there's the the wick we went one tick below look at the low of that candle you're looking at this price right here that candle's low is 58050 the next candle's low 580 even so it went down two ticks just below it now we're into it again that W I'm sorry that fair value got is what I'm referring to ideally if it really wants to take these areas up here it'd be wonderful to see it leave a portion of this open it can close it but every fair value Gap that we're looking for as a means of supporting or providing a market propellent to send prices higher supporting it basically in order FL we want to see it stay open some degree of the inefficiency stay open because as long as it starts to do that and it starts gaining ground and moving higher that's supportive to your trade so how do you hold on to trades and have confidence how do you hold on to trades and not get scared out well it starts with these types of things and you still will get stopped out of Trades it's not it's not a BL IND it's not a it's not a Panacea it's not an answer to everything it's not it's not a Magic Bullet that fixes all problems for you it just means that this is what I grow confident in while I'm holding trades you see me execute record and the things I call out when it's when it was on Twitter space i' say okay it's going to run to this or run to that and I wouldn't change my mind we would stay with that narrative until it delivered to it and then say there you go it must be random again right well the ideas of how price is going to use these inefficiencies as a as a building block and then are we seeing them fail and seeing them fail is a good thing but see now can you hear the the Jack legs that would come in to hear me say that we want to see it fail and that's a good thing saying that see he wants his stuff to fail no you want to see a fair value Gap not completely fill in what did it do here before I went over and showed you the old uh City I told you that we want to see the candle here drop down just below that it did it two times and then deliver the run here that's more than your live streaming guys do they they get out you know because they're panicking they have no idea they'll call a move it could go up here remember I said it at the beginning of the stream well if you're G to say it why a't you holding for it why do you keep resetting your accounts why why aren't you doing why aren't you doing it because you can't do it I stay focused I'm focused focused on making you a winner [Music] plus I got to speak when I have something because if I carry it I'm unsatisfied later in the day when I felt like I should have unloaded on it there you go so there's the Gap that's where I told you the institutional order entry drill would form based on that candle we want to see it stay open what does that mean well it went down as far as that low did that low touch this candle's high right there no it didn't so what did it do it went down one more time and then rallied but what did it create this down closed candle which means absolutely nothing right means nothing speed nilson knows nothing about this nothing this right here is an order block the high of that candle right there is 19591 A5 you're going to look up here by the way the high of that candle is 19591 A5 the next candle we trade above it and then we have the low of that candle right here 59.75 did we get the touch of that doesn't look like we did one tick away one tick away so if I would have had a partial not a partial if I would have a pyramid entry trying to get in on that adding more to it there I would not have gotten a fill on that but we gave you the institutional ORF entry drill here and delivered beautifully so if you're using that as your entry model so 580 and a half so 580 and 3/4 or 75 so 1958. 75 that would be your your threshold that it had the book to so that means your limit order would have to be right at 19580 and a half so if that's the low you need to breach it does it here by two ticks you're filled on that one if not you definitely were filled on this one and what's your heat what's the draw down on that the difference between this low it's 80 and a half so 580 and A2 and the low on this one is 78 and a half it just jumped 78 and half so it's two handles or eight ticks so that's the heat you felt 40 bucks per contract on a standard contract of e mini and then it runs what's your first threshold let's see if it can touch what new week opening Gap low of this week that that was the low of the new week opening gap or where we s settled or we opened there I forgot which one it was the uh that would be your first threshold and then can it reach to halfway you measure that out there's your half and then you watch does it have speed to get to the upper quadrant and if it gets to the upper quadrant it should Pierce right through the high of new week opening Gap why because these traders that have stop loss order sitting ready those really smooth highs they're not going to want to give them an opportunity to do what get out of it tada just like that see how it was like real energetic punching up [Music] there get these to main lines off here look at the bodies right here see how they're using that old reference point of the opening range Gap we've already passed through it see everybody else that knows oh everybody knows about gaps ICT you're just Reinventing no I'm not I'm peeling back the layers and telling you what you never paid attention to proving that no one else is doing it because they would have it in books and it's not there but they're they're in Amazon books now because everybody out there is writing books about what you're hearing me tell you live but we passed and closed in that opening range Gap here we passed into it here reacted off of it nice and we went back into it again here and what did we do we through the new week opening Gap high and admitted I'm very surprised I thought for certain when it first puns up like that my eyes got uh I was deceived by what I thought was the real quick punch through I thought it did that rally through that but this is Enough from the uh institutional orderflow entry drill down here because we're teaching entries we're teaching what it looks like what is the logic behind it why should it do this or that what is favorable what is unfavorable this is what it should do if it's good if it does this this is still good but it's better if it didn't you see what I'm doing this is mentoring this is somebody that knows what the they're talking about if you can't find this in your lecture provider your Mentor your teacher if you're not seeing that if they can't do that you need to unload them you need to get rid of them immediately because they don't know what they're doing they're guessing they're never going to be able to do it in front of you and everybody says I will never do these things in front of people I every time I live stream I'm giving you the logic as why the market should behave a certain way tell me where the institutional order entry drill is before I taught it and anything it's not there no one had that entry mechanism no one ever did that no one ever did it got $5 million you can find it I don't know why you guys are waiting around some of you spend all this time justifying why nobody should follow me and you could be retired if you just simply come forward and say Here's what ICT rebranded and this is the logic here's where the source material is found this is the book this is the course this is the author and it's got to be before 1996 why is it that no one can do that come on it's $5 million for sake I would stop I would quit my job if I felt that sure about it I would quit my job pour into everything screenshot this screenshot I would I would spend money on credit cards buying books to be able to go through it and PDF file print everything and make a YouTube channel saying here's what it is but you know it's not happening it's not happening and I have put this bounty out there and raised it and raised it and raised it and raised it and nobody's done it but they'll still leave baseless comments either in somebody else's YouTube channel or someone else's social media post that may be supporting me or saying that they like what they learned here and then some little bagger comes by and says they're not his Concepts okay who's are they because I already went down the list of everything that's everybody every every everyone said and proved that it's not the case I I'm the original I'm the original Maverick at this I'm the I'm The Real McCoy and that bothers a lot of you people because everything's about clout now and you can't claim you found it because you heard me say it now you're just a NECA sorry but I'm sorry so so far we've had this area here I you watch this area it needs to get through that we Wick through it we went through the new day opening I'm sorry new week opening Gap but uh from here to the new week opening Gap high right there so we have worked this level there let's shade it yellow could you not do so much rant ICT and just focus on the teaching it's disrespectful to your students it's disrespectful to me when you leave comments like that and I delete you because I don't like to be mothered I'm going to do it regardless of whether you like it or not so that's what you need to understand so we've seen it get made Jagged down here these highs were buy stops they Wick through it and I'm admittedly surprised that they did not take that I'm not convinced that we're going lower because they'll be leaving them intact I don't I don't believe that's the case what I'm looking at is do we Wick down below the new day I'm sorry new week opening Gap trade this Balan price range and then one more time send it up into here that's what I would like to see uh delivered take this off here but that right there son is one of the elements of how you're going to use the fair V Gap okay I did it live doing it as a manual entry but when you're watching it form like in other words if you're looking at price and was behaving like this like that and this candle is meing around as soon as the next candle opens up okay soon as next now some of you are going to watch the video right at this point or you'll cut it and splice it and make a little jab video about me okay but you'll ignore what I said before it happened because when this candle was forming we have a little bit of a fair value G right there while that candle was active go back and watch the live stream it'll be there I expect to see the market come back down into this little area here but I don't want to see it close in that's not me form fitting it cherry-picking it and just laying it down with uh with smoking mirrors it's me saying I want to see it trade with this Gap partially left open so if we're going to use an entry model like the institutional order for entry drill which is technically what Caleb's entry mechanism is you can do it manually like I showed in a recording earlier in the morning and I put it on the YouTube channel and then I called it out loud here and told you where it would trade to how it would trade meaning that it would go right below this candle's Wick by one tick by one tick I was wrong technically because it went down two ticks there you go my fraud I expected one tick moved two ticks and left the fair value up so none of this Works go watch supply and demand gurus okay go out there and Chase ell wave and the animal patterns go go be the the zoo the zoo Trader okay animal patterns but the the wick that defines your entry Caleb so in my interest okay for you initially is I want you to look at that Wick low of that candle right here this one once it creates the fair value or while it's forming you're anticipating okay in other words I was predicting while that candle was still there that this would form a fair value Gap I know you probably don't remember you probably didn't pick up on it when it happened but rewind to that time in the in the video which reminded me I'm not writing down the notes what I'm talked about certain things this is a lot harder when you don't have a script and you're watching price action that's why I asked some of you that are uh more inclined to do those types of things because you're very very organized about what you're watching with me and where you can go back and and listen to the information information the uh the time when you hear me talk about this Gap this candle was forming okay and you would take that candle's low assuming when the next candle opens it didn't make a lower low on that Wick so that candle here we open up here so there's time there's time to drop a limit order in right below that that low one of the things you can do is you can set up limit orders and have them 100 some handles or so away that all you have to do is just drag them to a location when you're expecting a silver bullet to form because that's what that was right there by the way it's a 10 o00 fair value Gap that is easy to understand because now you've seen what happened there's been a disruption there's been a shark frenzy there's been this evisceration of orders below that low and that low we we Dove down below it then the market gets back above we want to see it touch the new day opening Gap High minimum or consequent encroachment or the low but we don't want to see it Go below the consequent corion of that wick on a closing basis ideally we don't want to see it trade to it at all and it didn't do that right so that gives me the confidence to say to you while I'm live streaming do I sound like I'm scared do I sound like my voice is shaking do I feel like I'm reaching for something no this is all 30 years of stuff that I've known that it's this old hat to me so it was very easy for me to say that it's going to go below that candle's Wick by one tick and I was technically wrong because it only went down two ticks it went down Beyond it more than I wanted it to or four tick I think it was wasn't it or two handles rather still leaving a portion of it open I was saying ticks earlier it's two handles so two handles of draw down okay wonderful it's 40 bucks $40 of draw down okay 40 bucks of draw down that was explained to you that this Gap should stay open why because every Gap that I'm looking at I wanted to do that I wanted to do that very thing I want them to fail to close in I'm not Chris Lorry I'm not trying to see them close in I'm not trying to see it completely closed back in I want to see these little cracks in orderflow because this is the real that your little horizontal volume bars on the right side of your chart that you're doing oh well this is the uh this is the volume profile and I'm looking for this and this is the you know um highest volume ndee lowest volume nde this is the the vwap if it touches the V the vwap the horizontal volume listen that has to form that has to finally make its way into the chart before you can start thinking about it I'm ahead of all that stuff do you you understand that I am like I'm from the future talking back to you okay I'm talking to you from the future I'm proving it right here I'm telling you what it's doing here before it does it on a live stream with three second delay I can pull that off I can I can fraudulently do that is that what you're telling me and the witness of all you people here watching me really you give me far too much credit for that that's amazing that's amazing but your entry model Caleb is going to be based on this so that way it completely strips away all of the necessity and the the the fear of where do I buy it inside the fair value Gap you don't you buy it at the high of the Gap plus one tick that assures you that you're going to get filled and it's also doing what it's allowing you to sit in a little bit of draw down and it's normal it's normal but what happen if it goes down and stops me out dad well that's a stop out son I mean that's what's going to happen to you you're going to have a loss it's going to happen you're never going to evade the eventual losing streak not single loss you're going to have a losing streak and it's going to have to be met with you trusting what you're learning is going to work again don't change anything except for the amount of risk so in other words you'll drop your your leverage which for you won't have to be messed with because you're going to be doing one contract you're going to need to trade with one and a half times the margin for every new contract that you a you add to your trading so that the whole worry about overleveraging that ain't going to be you because you don't you don't know what you're doing and everybody else out there wants to trade lots of contract sizes and that's why they fail and when you have a losing trade you're going to stop Trad for that day that prevents you from over trading you can't over leverage because it demands you one and a half times the margin for adding another contract you will never over leverage your account it can't happen mathematically you're denied that from the perspective of frequency of trade as soon as you have a winning day and you close your your trade and it was a win that means all partials if you have gotten to the point where you can have two contracts in everything is now done you close the charts you cannot turn them back on until the end of the day you're not even watching price action because that way you are enticed to do it again you're going to learn discipline you're going to learn to follow the rules and you cannot fail if you follow these it will give you the chance for the tools to do what they have been coded to do when win win in surprising and stunning fashion with levels of precision that everybody body else out there are learning with you that no one else can match no one else can match this no one else can match this there's no discipline of trading looking at charts or technical studies of this that thing it doesn't exist folks because this is the market you're not going to beat the market okay you're not going to beat it the only thing you can do is get in sync with it that's it that's the only thing you can do or survive it by look but you're not going to beat it because it's always controlled and when it's advantageous for them to color Outside the Lines pay attention here come down outside of the new new week opening Gap here and then price higher I would want to see speed and distance now because we've already been here before so we're Knocking on Heaven's Door uh when Guns and Roses came out with that song um number one I love the album I love the the group but uh when I was doing a MRC internet chat relay room I had I had a thousand members in there and right before September 11th 2001 before all that stuff happened I was running a room with a thousand members in it I was calling the S&P calling the B market live and whenever it would do things like this where it would get to a level we were identifying and it would just go bump bump bump it's like I use the analogy like SWAT like it eventually swats coming through your door okay you don't have enough to keep them from coming in they're coming in well before I adopted that mindset um it was like I would always say knock knock knocking on heaven's door because it's doing everything that leads up to an eventual run up into this area here or imagine taking a champagne bottle that's never been opened it's shaking up right now and they getting ready to pop the cor and that's where the spray is going okay so but going back to order entry the I don't know why anybody wouldn't be having fun learning like this because this this is my cup of tea like I would love to have this I you don't need to stay you would bore me and put me to sleep if it was just this just the dry monotonous this is the rules as it is but I'm giving you things that support the ideas that leads to what I'm teaching and outlining and where I think the Mark's going to go but entry techniques because the fair value Gap is Caleb's I'm forcing him into that not that it should be for you but if you're going to watch the videos just understand that that's what I'm doing because he's my son and I'm exercising my right and Authority as his dad to say I'm telling you what to do because you're an adult you can make all the decisions outside of this and that's fine but you asked for this so it's my rules it's my way and this is the way it is so he's going to learn the fair value gy because it's it's visual there are things things that as you'll learn as we go through this mentorship that you can use the gaps to measure Market structure you can measure the strength or or weakness of an underlying move and that was IND indicative of what I was saying earlier and what I've mentioned the last two weeks in live streaming whenever we're looking for a PD array if if they are not traded to or if they for instance like a gap if they don't completely overlap it like we were outlining here I was saying at the time let me make this a little bit larger but keep that portion of price action up there so available to us if we look at what was being spoken about that Gap when this was forming that candle this candle had not closed yet it has not closed the next candle I want to see it drop down right below that candle's Wick which it does here you may or may not have been filled there Caleb to be fair because it's literally like one tick or two and I've seen it happen with me I've live streamed recordings I've live streamed um my analysis of you know this is what I think's happen I've had real trades running with $118,000 of profit with amp which is a real brokerage firm and not a demo okay and my limit order did not get respected was it amp screwing me I didn't say that I've had it happen to me when I was in TDM trade I had it happen when I was trading with Lyn walduck I had it happen when I was trading with Fox Investments so it's it's just it's a occurrence that's going to happen to you because you're trying to be so precise trying to be so precise that you have a margin for error for that to occur so to prevent that from happening with your entries you're going to use that candlestick's low plus one tick above it so that means if it books two handles I'm sorry two ticks below that that low you should be filled look where it's trading somebody's about to punch this punch the air oh son of a I was trying to fade ICT him he's a fraud I can't showare the video now it failed on me you you very much give me some more ICT I'm here all week baby tip your bartender tip your bartender who's doing it like this Patrick come D get the out of here oh man this is so fun so the fair value Gap we don't need it to come all the way down to the lowend because that's what folks that are prematurely trying to teach my Concepts they're saying that you know you can get filled at the low end and you'll have the best and there your stop loss will be micro short and small you don't need that because if H if you haven't picked up on what I've been laying down here knowing where the Market's going to gravitate and draw to okay where the Market's going to draw and gravitate to is more important which has more impact on trading not just your trading but everyone's trading your ability to get in on this fair value Gap that maybe not 75% of the people that trade even are paying attention to or where the Market's going to draw because there's stops resting R up here clearly it's where the Market's going to go to so if we have done the work and we we're laying the ground work in foundation for that to determine where the Market's going to go over the course of the session over the course of the day which we haven't got to that part yet so far we're only working with session session draws on liquidity and they're Dynamic session draws on liquidity are Dynamic it means it's above and below you have to start there you will not know how to derive the daily bias until you get good at knowing how to determine what side of the session bias is going to be the draw didn't think about that have you but that's how I teach that's how you learn it but if you can formulate an entry mechanism that affords you number one a high Precision entry model which is obviously institutional orderflow entry drill you don't want to see that Gap filled in but what happen happens if you get filled and it does close it in Caleb nothing it just means you have a little bit more draw down it's not that much from this candle's high of 76 and 3/4 to the low of that one which is 80 and a half so what is that five handles or so factor that in with the with commission yeah if you fluff it up with with commission cost you're using say for instance when you when I say commissions you're not technically paying commissions through TOP Step that that I'm aware of I don't know I might be wrong I might be wrong by saying it I don't know how they do it but because it's funded it's basically a demo account you're really not technically trading and paying any commissions not that I'm aware of if I'm wrong please accept my apology because I don't know for certain but what I'm saying is is he's only going to trade a prop firm to get enough stake to take that money and go into amp Global amp Global is where he's going to be trading with real money so he's only using a prop firm to springboard from demo to profitable making money and then taking that little bit of money he's going to stop doing business with every uh prop firm and then go into I shouldn't have said it that way because it makes it s like he's in multiple because he's not TOP Step is the only one he's going to go with he's he's opened up one before with them tried to pass a combine or two I think and wasn't able to do it so he's going to make an attempt to go back and do it that way recoup whatever he spent there make enough money to put into a live brokerage account and then he'll be trading with amp Global not that I have an affiliate uh partnership with them uh I have traded through them they have cleared trades for me um I have nothing really bad to say about AMP that would be like like fxm fxcm and I'm glad they got shut down and thrown out a us I'll just leave it at that but amp Global every broker's going to have you know something wrong with them I mean it's just it's it Nobody's Perfect would I choose any other broker to trade with live with real money apart from amp no not at this moment I wouldn't do it that's my opinion that is not to say that you should okay so to answer broker statements the answer getting a broker with real accounts who would you trade with to answer the equation of why wouldn't you trade with a funded account anything anything to that that that vein of thought if it's dealing with a real broker amp is the only one that if I had to start all over again if I had to start completely all over again which is why I've said this is what Caleb's gonna do I would go through the process of doing whatever I could I personally I honestly would not be doing a funded account challenge I I simply wouldn't do it and the reason why I say that is because I can only see it from who I am today they all would love me to do that because they need have my social security number and then there it is my whole identity is and you know copycatted by some thickhead that goes through their in back order and I'm I'm I'm in trouble with them because they could ruin me financially I I you know they can say everything they want but you can't control the thoughts and intentions of your employees okay you can't and if they have access to that type of information well guess what you've you've given it to them on silver platter can it still happen in a brokage firm sure can I just feel like you know it's a little bit more easier to prove who had access to that with a reputable regulated Broker Than someone that's running a funded account company okay and I'll just say it like that but I would do whatever I could to raise the money up to put it into amp their margins are extremely low not that that's a good thing their commission costs are extremely low that's a real good thing and their executions have been awesome sometimes my limit orders don't get filled sometimes you know I've been slipped a little bit but not like wild like I got slipped with uh slippages where you try to get into the market place and say right now it's trading at 642 and three4 42 even 42 and a quarter 42 and a half if I bought it you know it it's filling me yet and now I'm fill it so I've got four tick slippage I've seen that and worse with TDM a trade it it was It was kind of shitty over there to be honest with you it they sucked so amp is reasonable my experience with them is reasonable if you're trying to trade Futures okay this is the part where the fun account companies are going to his him Moon they're going to create sock puppet accounts and troll me and talk about me and everybody else's stuff I would not try to do funded account challenges or try to do that I wouldn't do that okay I wouldn't do it I would do everything in my power to sell to barter to work a second job I did all those things coming up as a 20-year-old I I deliver pizza I worked on the weekends you know I I did all that stuff just to get money to to fund the account and anytime I blew the account as a 20-year-old I would go and do more more shifts I would do it and I would work and earn that money but that's not what you want to hear today because you have a millennial Tik Tok mindset where you want it real fast you want it easy and everybody owes it to you and you because you took too long getting it to me that's your mentality and you don't like to hear it being told to you that way but that's exactly what it is and you don't like me because I'll call you out on their and say that's your mentality that's why it's holding you up you need to change that stop expecting it to be easy for you stop expecting it to be handed to you and I force my son he works in another state he has to go two hours commute to get to where he works at now does that sound like a loving father it is because I'm showing him this is what you're going to have to do it's either that or it's my way and my way makes money my way makes your own schedule my way sits on your ass and says I'm not going to that man's place today so he can tell me this is all I'm worth for this many hours and I better show up one time tomorrow I don't have a job you you and Carl I don't want to have anything to do with that and the only way that I can forge that mentality in my children is to allow them to go through work hardening work hardening is what made me who I am I don't like a job you there ain't a job out there that can pay me high enough for me to work it ain't no way I'm unemployable you can't hire me okay you can't you can't afford me and that's what your mindset should be I can make as much as I want and I can sit as long as I want and do nothing tell me who's happy tell me who's happier the surgeon that's making $600,000 a year that's sweating his ass off 20 hours in a surgery yeah he's got a good salary but he's paying a lot in taxes and it's stress and he has the life of someone else is in his in his own hands and the outcome guess what if that stop loss is hit you got to live with that that's too much stress for me that no way and I have surgeons like that in my paid group I couldn't do what they do I couldn't do that emotionally mentally I couldn't do it and their argument was they want to stay doing that and still make a lot of money here my question is is if if you can make millions of dollars why would you want to keep doing that when you can if you went into that not to save people's lives that's just the derivative everybody wants to go into because it's it's a lot of money I can own a Porsche I can own a nice beach house I can have a second house I can have a lot of money but you still have a job you don't have freedom you have to do what that hospital says you have to do when you have to do it and what's worse because you're now such a high high demand Personnel you could be called in at any time we have a trauma patient look at this we need this we need you here right now we gonna say n man I can't right now I'm trading British pound I'm trading uh FC I'm watching this guy on live stream I can't do it I can't do it you got somebody else no you're it see what happens because you're an employee that no way that's not me so Caleb he has to see the same thing you're seeing right here you're watching and observing you're waiting for the Still Waters to be disturbed watch the uh the Water turn red and then look where is it smooth I gave you both sides of the marketplace that means you're looking at both ends of the the the session because session draw on liquidity session liquidity is above and below it's above and below all you have to do is wait wait for them to do the damage wait for them to do what's the what's the time window you're going to see it at 10 o'clock that means you have to wait that first 30 minutes why because that is the opening range that's that vertical line right here okay so when you're watching price [Music] action you're looking all through that first 30 minutes your your eye is going to where is the initial legs of liquidity we gave them to you here is the buy side and the sell side was over here here and here and how far could it reach down Michael mem is telling you that you can trade down to that new day opening Gap you can trade down into that and if it's going to trade through that we have that low right here which was in view when I was showing you all this stuff anyway then once it does that it rallies back up to opening range Gap closes it in drops one more time overlaps into all this the rejection block you heard me talk about that is happening come back down hits the new day opening Gap from the 16th rallies back up in look how the bodies are staying here remember I was saying listen to this part okay it's spending too much time it's spending too much time inside of the opening range Gap meaning what they're not in a hurry to pierce this High much more meaningful than they did here so this high and this High still relatively clean that's just tiny it's little that's little bit of movement that's just like when I was telling you the description when your child's coloring they color Outside the Lines you don't look at that as a failure you don't say look what you did you did that wrong smack them forward you're going to hang it on your refrigerator CU it's your child well same thing here when the algorithm is trading just outside of the lines it's okay it's doing everything it's designed to do to get that price High booked it's got to go above it because this spread well that's all it did there did it close above it no did it have much more meaningful movement beyond that no did it trade to the high of the new week opening gap for August 18th this week's uh new week opening Gap no so what is it leaving it's leaving this liquidity and making these individuals over here feel safe so what is it what is it going to inspire if it sells off shorts to do what place their stop loss above here or if they have deeper Pockets build it right there so this is engineering liquidity it drops here I said take your attention over here to these Wicks here and here we watched it drop down below it took out that low and now I said now watch what I want to see is does it give get back above the new day opening gap on the 16th and then does it come back down and touch that there yes I don't want to see it trade down and below that Wick's consequent encouragement it never did it right there that tells me and this is what you're supposed to be doing by listening to that that you didn't pay attention to because you're looking for something else or you're waiting for me to say something that's going to resonate with you I'm teaching you how I called that institutional order entry Trail how did you know if I show you all your all the comments from uploading that video earlier this morning where I got in the trade how did you know that and why are you trading before weren't you supposed to wait for relative equal highs weren't you supposed to be waiting for relative equal lows again you don't know what I'm putting the content out there for I'm addressing individuals that are paid students how can we that know a little bit more than the average Bayer watching my channel how can we use this model if we don't have a model that we've really warmed up to specifically 2016 students I have 2016 paid students that can't find way through this bill no matter what content I bring forward no matter how many people are making money with it with real money with Real Results proving it it's happening calling it live they can't make it work for themselves because there's some kind of barrier but their question was is how can we I I know that they know a lot more than Caleb does but the questions are how can they use this methodology and understand how to use the range that was formed in London if you go back and listen to what I was talking about if you're brand new you don't know what you're doing and like I'm telling Caleb you don't worry about this you don't worry about this you wait for 7 o'clock and you look for relative equal highs and relative equal lows well guess what that that's this folks that's the that's the relative equal highs after 7 o'clock right here here's s o'clock okay it rallies we're waiting we're waiting we're waiting 9:30 opening bell all the way to 7 o'clock you're going to look back through that so if if you're going to not be an early uh early Trader you're not trying to trade early you're G to start looking at the market at nine o'clock go back to 7 o'clock so you're looking back through the last two hours you only have to look back through the last two hours to see where the liquidity is so here at 9 o'clock right there what do you have high that's lower than that isn't that a relative equal High listen to the definition I gave you in the previous teachings yes what are these relative equal lows so what is it doing first it runs above these highs there and then creates what another smooth relative equal high but then what does it then do after that it breaks lower takes out the liquidity here and we're watching the opening range what's it doing it's finding responsiveness at the midpoint and has no ability to get to the upper half of it so what's it going to do go back further to 7:00 anyone that has more advanced understanding listen to the lectures I gave prior to this week where I'm talking about the relative equal highs and relative equal lows and I'm telling Caleb you only wait for the 7 o'clock and anything that forms to the right of that I have students that will be able to use the information that is in price action prior to 7:00 in the morning because they know all the things that I taught them around London and how they deal with the opening and closing of a daily range Power Three they're going to incorporate that part of the range so that lesson was just simply me saying this is using Caleb's model and you know how to use the other stuff I taught you with London the things I'm talking about and referring to that are already on the YouTube channel go watch the mentorship videos in 2017 the 2017 mentorship playlist the students that paid and went through those those lectures live as I was delivering them as happening and I was doing live streams and calling markets and saying this is what's going to happen doing market reviews saying where it's going to go next those were the individuals I was answering and addressing to there because they want to know is it anything here for them or should it just stick with what they got and I have students that don't find their way well to the marketplace still because they have something and I don't know what the barrier is for all of them I don't know what it is okay sometimes you know they're very clear and showing what it is and others are just I don't know I don't know if they're just guarded and they won't be honest with me and say this is what I keep doing but I haven't been willing to show you this I keep making this mistake so if you're G to ask me as a student and I'm not saying you should do this because I still get emails from people all around the world saying hey look can you tell me what I'm doing wrong or or can you look at what I did here and tell me I did it right I shouldn't have to do that if the outcome was positive you did something right if the outcome was not positive you didn't do something right so explore I'm not going to cut cut you to the front of the line of your learning curve by doing it and I know some of you just want an interaction with me on an email like I'm a celebrity I'm not a celebrity I'm not important I'm not that great of a person just be content with what I'm teaching you here try stop trying to lift me up to a celebrity status I'm not that I'm not that uh amazing okay but anything prior to 7 o'clock well what does that take you back to here there which is what I referred you to when we were what entering into that 9:30 opening where's the liquidity at here and here and what did the market do it addressed what side first here after [Music] 9:30 that's here right there so did it go for that liquidity or the sell side over here which side did it go for it went for the sell side first came back up did it take that liquidity out yet when it was here no did it take it out right here no so where' it go it went below one more time here we were looking forward to the sweep down here and as it was dropping down I said watch these wicks in here it overshot the entire low that's fine we're not in a trade we're not getting stopped out we're not getting squeezed out we're observing and watching what are we waiting for we want to see it take that low out drops what is this forming relative equal lows for anybody that's trading to 9 o'cl going in Waiting For What the first 30 minutes opening Range High high relative equal highs in an area I told you this is going to be problematic we need to study this it needs to it's going to need to get through this little area here because there's two indis of candles even though that this candles sticks closed and this candles sticks open is basically symmetrical it's it's close it doesn't really provide a gap when I see candles like this in the middle two of them like that that to me is something that needs to be repriced to and if it goes through it in the direction I'm looking for it to move then I'm fine with it then I'm going to disregard it and never worry about it again but go back and listen to it while we were trading here I said it needs to go through here and it couldn't do it went lower lower rally one more time the body staying inside the opening range got just bumped that high and then took us down to clear this I told you once it done that I want to see it trade above the new day opening gap on the 16th come back down and touch that and it did and then I gave you because of all the things I just outlined which side did it work predominantly the cell side what is the side of the marketplace usually offered to the public first the wrong side they take them down the prim Rose Le okay there was a song my grandpa used to listen to um I don't know the artist was it was an old singer but uh he used to play every time he would get drunk he would sit there with his boxer shorts on nothing else on just well that's not true he would wear white tube socks and a pair of boxer shorts his underwear and he'd sit there with a half a gallon ice cream butter beon smoking Lark's cigarettes and watching Gomer pile drunk as the TV would be on and this guy would be singing something about going down the Primrose Lane well in the market they send the Traders on the wrong side that's the Judith swing that's the the run on price action that gets people thinking this is where it's going I want to get on board and they chase it and if they're initially positioned to profit while it's forming it it gives them a sense of like Comfort when you shouldn't be comfortable It's usually the wrong side of the marketplace and then it comes down takes the low out and remember I was asking do you feel safe if your stop was here that's me Prim in you I'm priming you as a student okay he's taking my attention up here and I said now what about the people that had their stop loss here who's made money right now shorts anyone long from that low is now unseated why did they do that because they're going to go here so to run from here to here is profitable to run from here to here is profitable and why it went down there is to unseat the stops that were resting right below that low I took your attention to this area here told you the fair value C was going to be there before that candle closed one tick below this candle that's the institutional orderflow entry jail and we don't want to see that entire Gap closed in that Gap looks like this that's your fair value Gap it went down to this low is that still unfilled of of course it is that's exactly what you want to see as a signature that is the algorithm tipping its hand to me because I know what the I'm looking for when it does that it's going to be what I want to see we want to see it rally up where is it going to Rally to Michael new week new week opening Gap love and then we want to see it trade into the midpoint of that consequent encroachment and does it touch the top of it look at the bodies respecting it again yeah we Wick through it and admittedly when I said 6 boom it happened I thought because it flashed real quick my I was watching that this line I thought that that was this over here and it had to dig down and I told you okay I want to see it go down into this area here and there's a balanced price range in there so it can do that and then send it higher does your chart show this I'm quite certain that your chart if you have live data feed right now if you're watching it after the fact you're now looking at the same thing that's on this chart and you're going to tell me that we don't know what the we're doing around here like this is completely random like it's random we're looking at a one minute chart every fluctuation of any significance is being outlined the logic as to why it's going to go where it's going to go pray tell where's the book where's the authors before 1996 that was outlining anything like that it didn't happen and there was nobody doing it while I was becoming who I am today November 5th 1992 that was when I started on a Thursday night at N9 o'clock in a house in bird River Maryland renting their $50 a month I'm sorry $50 a week room and board at my aunt and uncle's house and I started to learn how to be a Trader November 5th at 900 p.m on a Thursday night and between then all the way to 1996 that's when I had everything as I wanted it and then I tinkered with it for a little bit more after that and prolonged the progress but I had it figured out in 1996 around April of 96 thereabouts it was Springtime and I was looking out over the water and gunpowder State Park I used to go out there and listen to CDs and tapes and audio books and stuff not about trading just usually it was like Stephen King stuff and I'd have my little Walkman headset and it dawned on me that I have cracked this I figured it out like I have it and it was my moment of astonishment that I have arrived and I didn't realize it until that moment and I wasn't even looking at charts when it happened but all of these things in price action they're going to repeat they're going to repeat but I have to walk Caleb through this and prompt him to say okay do you see this you see this watch observe what happens when it does this watch observe when it happens to do this when it's time to move you hear me tell you you hear me but I'm not going to hold your hand and say Here's a buy put your stop loss here that that that's not what I'm here for and that's what most of you want happening and because it ain't happening that way you're going to talk because you think number one either you're going to feel good about having done it because it's a release for you or that I'm going to read it get inspired by it and say okay well this is reverse psychology I'm going to fall victim because I'm a and I'm going to do what you want me to do because you you're pulling the strings you're no marionette Master over me you feel in charge you feel in charge of me no nobody's in charge of me the Lord is but these things that will will repeat over and over again in price action the logic of waiting for the sell side and the buy side once you define what they are just wait for the first one to get taken when that water is Disturbed and you see violence jagged jagged jagged the whole time these are smooth and this is smooth oh I want to be able to buy down here well when it goes below that you buy it then learn from that sometimes it'll great sometimes it won't be we want to see it trade above the new day opening Gap that means I'm saying that once it gets above that and it starts the trade here as long as we don't breach that midpoint of that Wick right there why because we've had the stops run below that low in here so this movement is what it's a wick on a higher time frame it just doesn't look like one it's wicking here to take us below that low and that low so this low is the low that forms what these relative equal lows and it's also being respective of the new day opening Gap see the bodies is this one doing it no oh see that's logic that's logic I'm not going to refer to this one as we go back above it as support I'm going to use this one because this one here is already showing that it's done what it's respected it so the algorithm is going to go back to that one it's not going to refer to this one which one was on the new day opening Gap and the bodies are showing it right there so now my attention was focused there we went above it I'm going to see it trade down touch the opening I'm sorry the uh the new day opening Gap high and it can trade as low as that low one but we don't want to see a close below that Wick of that candlestick's midpoint or consequent encroachment of it and it only gave us a touch of the high of the new day opening Gap rallied showed displacement wonderful next candle as it's forming this is going to be a fair value Gap called before it Formed institutional order flow called before it delivered I was off by two handles eight tick or thereabouts or seven tick would it be seven tick we just call it two handles it did not close in that gap which is exactly what I told you that's ideal and then it's Off to the Races look how it responded off of the consequent encroaching of the opening range Gap there a't that beautiful I mean when you see that doesn't that just get your juices flowing like this is stuff that once you study it and you see it and you're able to see it your eyes is going to jump to it and then after being able to see it in hindsight where your eye jumps to it you'll be able to predict it like I'm proving to you because you know what it's trying to do you know what handhold it's going to have if price was personified as a rock climber okay if it's a rock climber you can look back over here and see what it's going to place its hand in and or what it's going to place its foot in I told you it's going to go down into this Gap uh this fair value Gap in here P down into this balance price range go back go back and listen I can't edit it I don't re-upload the live streams once they're there they're there trades into it there only by the wick consequent encroachment sends us boom heartache shorts aren't unprofitable longs it bought in here knocked out who made money they cleared the they cleared the table both sides when you're watching me don't try to predict why I'm trying to say something just listen take notes because you're not going to get the lesson until you go back and watch the live stream after the fact if you're just watching it one time through you didn't learned you observed you're some of you are just looking for me to do something wrong that's a waste of your your time I'm tickled that I'm wasting your time because you're not here to learn and you're wasting your time I'm doing this and it's profiting my son it may be profiting a large number of you that are watching as well but that's just something extra that's not my motivation my motiv my motivation is proving that my son over time can do what I'm able to do even if it's 5% of what I know that's enough to replace his job if he can do 25% of what I know he's wildly rich just got to wait for it to to build up that's all but if you're going in here watching me to learn how to quickly get money to quickly make money to quickly blow your accounts to Stratosphere levels you're thinking about it wrong your idea about making money is going to surpass the necessity for you to be humble and just take in information that's what he's doing he's not trying to predict what it's going to do he's listening he's observing he's watching me he's watching me do this side by side right next to him he's watched me take trades he's watched me make your annual salary in one trade he's watched me do that but he's also unaware on how to do it himself so this is this is how I would talk to him I would not be adding anything ex extra than what I'm doing here this is exactly how I talk to him when it's something it's it's Salient and it's meaning it has an impact or it will have an impact on his growth and what he'll probably be wasting time if he falls victim to worrying about this and not paying attention to the things I'm talking about if he doesn't listen it's going to take him longer if he listens applies the things I'm showing you the logic these things you'll see they will repeat and because they're repeating and because I'm here every single day over top of Life price action outlining them explaining them to you I mean think about it how many things are you seeing happening every time we get a live stream going you're seeing fluctuations in price action outlined beforehand is it every single candle providing you a trade no and that's exactly the point that's the point he's going to see oh this is the thing I'm looking for there might be some wiggle and waggle in price action that he can see coming and oh yeah but that's not a trade but isn't it funny how when it's time to put the money in we're going to see a gap stay open an Institutional entry we're talking about entries this week did it work you tell me you tell me Expos you tell me Mr YouTuber trying to make money with affiliate links talking about other people you clown come on you tell me is it working am I am I throwing my career [Music] away am I am I here clowning you you the out of here you piece of shits students that stay here and learn how to do this they will be laughing at you like I laugh at you because once they know how this is done in their own hands nobody's going to convince them otherwise this is the truth this is the market and there ain't nothing better nothing's going to be better than this how the can you improve upon Perfection how can you you'll know when to do something something when not to do something you know when the Market's going to behave a certain way you talk about volume profile that's really a a really a poor choice of of words because if I say a market profile invariably some of you were thinking oh well he's just renaming volume profile no what I'm saying is there are schematics on how the price will behave a certain way on an individual session B basis on a daily basis on a weekly range basis and on a monthly range basis on a quarterly basis and for the year I know that if I didn't know that I couldn't sit here and tell you when certain things are going to form on a one minute chart on a 15c chart how could that be possible how is that possible unless I know something that nobody else knows that's not bragging I'm I'm forcing you to make a critical assessment here are you paying attention because clearly this is not harmonic it's not supply and demand it's elements of time then waiting for price to do something as a response to what's done at a specific time you're waiting and to make it very very easy to make it very simple I taught my son to outline the liquidity above and below the marketplace and wait for the first one to be taken and then the second one will come later because the first one shall later be last that's in scripture that's the same thing you're seeing in the marketplace this liquidity was saved and what you're going to learn the key takeaways Caleb is if this is going to be taken second that means it's going to potentially move a little bit more Beyond this one meaning what if you know that a daily range and I'm going to I'm going to draw out crude depiction of a D and another daily Candlestick here or not a Candlestick but open highight close if you're enjoying this and you're making Leaps and Bounds in your understanding or just entertained this is the time when you do the thumbs up on the channel on this video if you click the thumbs up that means that I connected with you on a level that has helped you understand and inspired you to stick with it if you don't put the thumbs up I'm still going to keep doing it because that means that you want me to stop and I'm going to deny you okay where I did this the last time I guess it's too small for me to copy it like that I'm sure there's a probably an easier way just clone it ICT I heard you but if I still move it it's going to act wonky right say say think of this as a individual Bar for a daily chart okay so other words it's it's representing the highest high in the lowest low of the day okay and say in your in your mind that you're looking at the market and you're studying weekly charts and monthly charts and daily charts over the weekend before the market starts trading on Sunday at 6m I'm going to say this portion here and then we'll drop down to a 15-second chart and look at the fluctuations and then I'm going to close the session out because it's getting a little bit too too long no no no keep going long I I I want to but I want to keep it small because my my son doesn't have a lot of time after he works to watch all these things so I have to be a little bit more economical with my time as much as I'm pouring into it but I'm doing it every day so he's he's actually behind so he's not watching these in in the entirety from the beginning to end because he's working and I don't want him get in trouble while he's work watching my stuff at work you shouldn't do that so that's kind of like where I'm trying to aim for going forward and it's it's a little bit complicated because I you're going to eventually have to trade the whole session right so you have to have the at least the entire session in the live stream so talk about what it is and what it isn't but if this is the daily range okay not a Candlestick but a open high low close bar so this is the open this is the lowest that made for the day and this is the highest it made for the day and this is where it stops trade okay if you're thinking is that we're probably going to move up over a series of days or for the week or for the month or we're moving in that direction higher okay and you're watching price action at 9:30 here and you've defined as we did here the cell side was here we incorporated that old new Daye opening Gap and we gave you the buy side so if we're opening right here at that candlestick's tick opening go back over here if that opening price on that I'm gonna move this vertical line so you can see it better so that opening we opened went up closed down that opening right there represents this graphically in my diagram okay and then from that opening price that movement from here to that low that low would represent that low on The Daily open high low close bar so what we're saying is is the open and the initial drop down that's the fake move that's the Judah swing that's where smart money buys okay now the complication comes in at where you are going to be a buyer I don't expect my son to be a buyer down here I don't expect him to buy the rejection block I don't expect him to buy down here below that low that's too much of an expectation placed on him he's not it's going to take him a long time to try to buy below here I can do that clearly you can see I've done I've done executions with Live accounts proved it they were in Live accounts you can see it there signed in to my account it's on this channel still right into TD Mar trade show every single day with the broker statements were shown every single day okay it's there people that want to talk about I don't trade with real money kiss my ass I'm I'm out here doing it what the you talking about but that opening price here down to that low in that area that range that means where this low forms and where the opening is you're hunting you don't have to have the low tick you're just hunting something to be long you can feel confident that when you're working towards holding on to trades that paying out longer term Patrick Wheeling this is for you buddy because you need to learn how to trade this movement from the opening price I just shocked him right now he's like what the you just call me by my name yeah your your listeners need to support you too not troll him you shouldn't encourage him because if he starts doing stuff like this he'll start making real big money real big money and he'll he'll be amazing to watch live streaming and doing it okay but this opening price down to that low that range okay graphically looks like this that little sweet spot right [Music] here inside that range that's where your best opportunity to buy and hold and just wait until we get to the lunch hour and then measure out where it can retrace so if there's going to be a lunch macro if it's going to go lower you can determine where it's going to go lower you can determine that and not place your stock loss within grasp of that ideally what you want to do is learn learn to try to enter when you're bullish longer term when you think it's going to go higher so don't think that this is a onetick pony intraday trading only and you can never use it to make bigger money you can but you can't you can't appreciate this type of daily Candlestick close until you first learn how to read these intraday price fluctuations because by doing it this way number one you're going to get a lot of exercise you're GNA get a lot of price action that to to to digest and learn from because everything I'm showing you here is fractal you can apply it to a weekly chart you can apply it to a monthly chart you can drill down to a 5-second chart it's still there what do you want to do with it how you want to frame your model but for folks that want to use this for longer term holding on for the longer term range and reason why I'm teaching this is I got criticized by students that actually are paid students too they're like you said in our lectures that days that go up are a classic buy day yeah but you can't participate on them if they make this low before 8:30 I'm sorry before 9:30 is opening bell and you're trading at 9:30 and you're streaming at 9:30 how the am I going to teach you how to use an 8:30 entry if I'm starting the stream at 9:30 so I can't go back in time and put myself in the trade clearly I can't do that but for those individuals that know that this is what it looks like not every classic buy day or classic sell day where it's just One Direction that's not the same a classic buy day is just it moves up and closes up high it doesn't mean it's One Direction with no retracements there's sometimes it's like that if you're able to hold on to it they're very very fun and I'm teaching you how to do those types of things right here right now addressing paid students that question me critically I might add disrespectfully I might add if I was Negan you'd get a molten hot lava poured over your head because of that you better talk nicely to me you better remember who daddy is so we have the opening which is that price there and any movement down we don't need it to tell us in advance what the lowest low is see that's that's the part that's going to hurt you because you're thinking I need to know how to buy below the opening price because that was what I that was my biggest challenge because Larry Williams said he couldn't determine how to do that so he would buy strength breaking above the opening price and every time I did that it would hurt me because it would retrace back down in and it it would it would crush me I would get stopped out because I was overleveraging in my 20s and I wanted to get to the end of the the game where I didn't have to have a job so I was doing all the wrong things I was putting all the emphasis on all the wrong hoping that I could get myself around all the adversities that I knew were likely but I just put blinders on saying I'm Not Gon to I'm not going to be subjected to that it's going to work for me I'm going to get lucky and it didn't work like that I had all the same things that happened to you happened to me but it happened in much more stunning fashion because I was willing to put more money in constantly and trade without any stop without any measure of concern about it losing I only saw the potential of winning every single time so that's toxic and you got to avoid that but at the opening price or below that's what Larry Williams was saying he couldn't figure that out and he Pally said you know I don't know if if he knew the addresses or the not the address but the ZIP codes of the traders that knew how to do that would be helpful it was factious statement I was like you know what here's my hero in 1995 I'm watching this man who went out there in public physically took $10,000 to $2.2 million fell got hurt and then traded back to $1.2 million and everybody said it it wasn't real wasn't it wasn't a real event it it it took place man he did it okay so that was my hero that was everything he said I hung on every word like some of you do at me and please don't do that I never meet your hero never look up your hero and put him on a pedestal because eventually you get more information about that person you'll find out they're not as heroic as you thought and it hurts it hurts and I'm not saying anything bad about Larry I'm just saying that I took his public statement about what he was unable to see in price action and that was the invitation for me to say that's the thing I'm looking for because if he can't do that I'm going to go in if anybody on this plan is going to figure it out I'm going to and I I did and I teach it it's power three so if we know the opening price that's a finite number they're not going to move that around it's right there it's the opening tick on that candle then simply wait for it to drop aim for liquidity or aim for any inefficiency below that price to the left over here okay the first stages were the sell out liquidity and then that new day opening Gap it pierced through both of them and then what it do it came right back to opening range and I said I was spending too much time into it here and then it drops takes out that low then I told you I took your attention to that Wick the midpoint of that and we want to see it get above it treat the old new day opening Gap now let me ask you something if you didn't know about the new day opening Gap why would you expect this candle to drop that level right there and incend it higher why would why would you expect that you wouldn't you would have never expected that to happen that would have never happened but here it is good old ICT sitting here 5 52 years old could be sitting on a beach sipping on some pina colada non-alcoholic relaxing I could have been doing anything else but this and I'm explaining it to you beforehand for free for free no course payments required taking your attention right there it's going to form a fair value Gap and it's going to be an entry that's an Institutional order flow entry drill that means it's not going to close the gap in it's going to leave a portion open and then it does it what's occurring this fair value Gap with the institutional order entry drill and leaving that Gap open Where's that where's that forming in the context of the daily range based on this logic over here it's inside that open to the low open to the low look I'll use the same thing graphically depicting I'm not predicting the closing price don't get me wrong I'm just saying if you go in every single day with this logic while you're learning how to do it better this is how you grow in holding on to trades and eventually you are going to catch a tiger by the tail and baby when it starts running you better hold the on because you're going through all kinds of sticker bushes water dry ground rocks tear your ass all up it's GNA be hard to hold on to it but the end of the day when it closes like this on the days that it does it man you've made tons you've made tons and that fixes all kinds of screw-ups it it fixes all kinds of draw down it fixes all kinds of days where you did too much and you gave back wins it fixes all that stuff and it Smooths out your monthly Equity curve so I'm not P I'm not pushing my son into taking trades that it's just 10 15 handles 20 handles and yeah you're a success you can and it's going to prove to him that you don't need anything more than that to make your job but eventually he's going to be forced into trading like this see I I'm this is my son I want ICT 5.0 2.0 we're going 5.0 because I want him to be a freak I want him to be able to go in there air like I can and say this is what's G to happen and this is why it's going to happen and I ain't worried about it it's gonna happen boom done he can go in a like a money tree walk out back pluck some Benjamin's off the Branch stuff his pockets and go spend it and not worry about the price tag that's what I want for my son and if you think that's arrogant you think that's narcissistic go yourself goes why would you want anything less it doesn't mean it's it's oh it's it's evil that's what the devil wants that's not biblical people that send me stuff you God God doesn't want you trading he literally teaches a parable about giving a reward for people that do the very thing that we do we're investing we're not gambling does this look like gambling knowing what you're looking for waiting for the criteria to be met and then having Sound Logic saying it should behave like this and then it does inside the range between the open down to the low there's your fair value got right there that is your low risk by oh and you did it live you outlin the details live no hindsight no edited out here in front of everybody it either works or it doesn't I either do my Victory lap or I fall in my face which is is it what happened in your chart fun isn't it So eventually what happens is by entering like this when you have a longer term bias that you derive from a monthly and a weekly chart So eventually Caleb's going to determ where in that Spectrum his trades should be focused on so if you're bullish longer term and you think that this is the criteria that the the daily candles are going to form or the day that you're trading is going to form this so this is basically like five 5 o' or 4 15 Eastern Standard Time that closing price in relationship to where you opened up at 9:30 down here that's bullish isn't it so how can you how can you hold on to those trades without having a whole lot of fear anxiety or oh I'm scared I'm gonna get stopped out you have to determine how to buy at the open or below it because rarely will it go back down after it runs up here it's rarely goes back back down air if it does it's probably not going to create this condition here so why do I teach you to take partials because you don't know when it's going to turn on you you don't have the advanced understanding you don't have the experience you don't have the the time invested in knowing how to navigate price you don't know you're you're going to react to everything adversely everything when you're making money it's going to scare you shitless you're gonna know what the like what what am I supposed to do I was I was hoping I was going to move up 20 handles it just jump 40 I didn't put a limit order in what the do I do I'm making more money I'm supposed to what am I supposed to do that's a good problem but you're going to get panicked by that and you're going to hold on to it too long because you're not going to notice that it's caused a reversal because you don't have the experience and that's the first time you made big money these are all lessons that you're going to walk into and discover wow I didn't know that about myself I didn't know I I was going to handle it that way you think when you make money it's going to be oh man I'm cool I'm chill I'm just I ain't got nothing to worry about bro it's this everyday thing around here man the whole time you're bricks because you've never felt that before you're panicked you're you're your heart's tacking 130 beats a minute you can't catch your breath you're hyperventilating your body's tingling you feel like you're going to pass out and throw up and yourself all at the same time welcome to profitable trading for the first time because that's exactly what it feels like you've never been there and nobody can adequately describe if that's the closest thing when you get there you're like damn he was right and when you let go of that moment and you let it turn into a loss man does that suck so I'm trying to prevent that I'm trying to prevent that whole Escapade because it it holds you back when you have it because it creates Scar Tissue so by entering in after what side of the marketplace and its liquidity remember we framed it here this is easy folks I don't know what the you people are complaining about relative equal highs and the relative equal I gave you this morning which one does it hit first after 9:30 bang okay so what does that tell you that's the first stage of catching a power three day like this if you're gonna try to hold for a long big up Clos day it has to drop down and take the cide first it did it this morning but see look at what look at how I'm teaching my son look at how I taught the mentorship the paid mentorship is the same way it's the same way listen to the liquidity conversations I have there the buy side and the sell side now Johnny asked much we sit there and watch this stuff and say hey see he's calling both sides of the marketplace he doesn't know what the he's talking about you're an idiot you're a idiot you're a clown you don't even listen if you're going to troll me at least do the due diligence of listening to what I said get the framework and then go and improve it doesn't work that's how you do it but see you can't do it that way so you got to take things out of context because % of people that have any familiarity with me that are not my students they'll say oh yeah it's the IC guy he's hindsight he's Den he's he's whatever because they heard everybody else's opinion about it and they never sat here and was a student they never put themselves through it but if you take the cell side first that's the first qualifier for an up closed day because what is it doing it's tricking people that it's going to go down that's the Judith swing a Judas goat is the goat that leads the lamb or the Lambs into the slaugh house there's a little pathway that the Judas goat is trained to take a little detour not go in the slaughter house but the the the Sheep are stupid they're following the the the opinions of other people that are not students of mine that have something to sell and they want to deter you they want to take you away from it they want to lead you into their slaughter house who do you GNA believe who are you going to believe the guy that's literally sitting here for free teaching you how to beat the out of these markets with a level of precision that none of these clowns can even come close to and explaining it over a one minute chart Real Time with a 3 second delay and I can't speed it up anymore baby that's the fastest YouTube's going to send it through its servers or you g to believe the guy that says oh this guy's an here's my affiliate League hope you use my broker because I you can help me out and support my channel Who you gonna believe who is teaching what they need their money I am not asking for I don't give a whether you use my stuff or not I don't care CU it's going to keep working regardless of you using it or not using it and the more people using it guess what it just means there's more witnesses to the fact that it's working but everything is a graduated understanding when Caleb sees that the sell sides taken first okay that means it's going to reach for the buy side but I can't take him into a lesson says look son when we're bullish well what makes us foolish well we just watched today it took the cell side first and then it reaches for the body side after seeing that for days weeks and months you get comfortable with that idea you don't need somebody else to tell you on another video you don't need ICT to answer your question about the bias because you've already seen it so then the next graduated step is holding through lunch aim for 130 close your trade entirely at 130 if you're in profit close it and you keep doing that and then eventually what you'll do is you'll watch and see that eventually you'll start seeing the days that do these types of things they close near their high but just off the high like it does here and you'll see that during the last hour it creates that far extreme high and then right before close it comes off that and that closes just a little bit below where the highest high was for the day so if you do your work of buying below the open at or below it and I gave you that real time here today and such a beautiful beautiful tapestry just beautiful isn't it see how all this stuff fits together and some of you think this is this is complicated well it's complicated because it's going to require some brain cells okay and it's going to require more than 30 seconds of spending time looking at it I'm not Tik Tock okay the logic of filing this to its completion you have have no idea where you are going to be as a Trader the Le the the the Leaps and Bounds the and and the depth of understanding you're going to be able to have using this information once you have it no one can take it from you no one can diminish it no one can talk down to you they can't strip it from you they can't demoralize you they can't make you doubt it you'll never doubt it you'll literally walk around with a raging heart on and you may still be a female but you're going to be horned up on it because this is the real you will never be scared of the market you're never scared of it will you respect it ABS lutely but you won't be fearful of it you won't be fearful that it's going to stop working it's going to keep working because there's ass hats and dumb asses always coming in the marketplace that want to follow indicators and some Mickey Mouse logic that's sold in books and core sellers stuff there's always gonna be some kind of gimmick that comes out and oh well yeah I was a soand so I was an ex ICT student but this guy's Lux algo indicator did it for me and Lux algo I know you haven't reached out to me or anything I'm not on you I'm just saying you make indicators okay and I you make indicators with my own stuff in it some of it ain't right some of it's close but the point is is indicators by Venom themselves is useless it's useless if I have a stop sign okay if I have a stop sign which is a control device for drivers if I take that stop sign and I put it at the bottom of the cliff on a foggy day okay and you drive off the cliff and as you're going down you see the stop sign what good is that you're you can't stop it you're done indicators are taking what's already happened you're falling off a cliff you better stop you're damn right you better stop but unfortunately you're gonna stop abruptly and that ends you just like it does in your trading account because you're taking mathematically derived information that's been crunched by indicators okay and attributing to it a level of faith it does not deserve it doesn't give you Advanced Insight I'm telling you fair value gaps where they're going to form and inversion fair value gaps before they form before they're there the indicator can never do that it has to have the old data then it crunches it then it spits it out I'm ahead of everything before any of your volume I'm already ahead of it before any harmonic pattern I already see it coming and what do you think happens when you're a student of mine and you take it serious you're just like me you're informed you're educated you're light years ahead of everybody else and when you listen to these ass hats these ankle biters these little nose mining Pricks these 20y olds that think they know something they have no idea they have no idea and it's entertaining as and I do this because I want more of it I want more of it you entertain me you ass HS you clowns I can sit here every day and it's still gonna be the same outcome but you're sitting over there waiting for the day waiting for the day that I'll call One Candle wrong and you'll you'll forget everything else in the live stream but you'll go to that and you're still Hawking affiliate links you're still Hawking some drama clowns that's a clown but I'll have fun with you you'll be a toy for me and everybody that learns how to do this will look at people like that the same way you won't maybe you won't play around like a cat and mouse like I do but you look at it and say h you dismiss it because it's it's irrelevant there opinion is irrelevant because once you adopt your own mindset your own opinion because you've handled it you've worked with the information you've tested it you've seen the the benefits of it and it doesn't have any comparison there's nothing close to it and there's nothing ever going to be better than that because this is the market this is it period okay so it's a graduated understanding that my son's going to go through and he knows it's going to take him some time and it's not a quick real fast type thing because you can't can't just jump into well here by the open or below it and then hold for up close C how how do you get to the point where you trust that that's even there you have to have some kind of a logic that has repeated that built on your understanding modularly one piece at a time okay one little piece at a time and you get more understanding about yourself how you're going to endure or fail and failure is a normal thing initially don't be afraid of that because when you fail in your observations you you highlight these little opportunities for you okay this is exciting because I thought this was going to work but now I'm going to find something with more understanding and it's going to make this so much clearer and it's probably gonna unlock something else that I don't even have a question about yet and it's G to keep feeding you it feeds on itself that's what that's what excited learning feels like but if you go in thinking that you're going to fail and why bother and the first time I have any kind of adversity I'm just going to drop this look it's a hot rock I'm not the guy for you I want people that are going to like a Pit Bull bite down on this pork chop and don't let go cuz I promise you're going to eat and you're going to eat good real good better than you ever thought and you'll be able to do it any time you want you want to take a week off of trading wonderful do it because when you come back this shit's still going to be working you want to take the whole summer off wonderful do it when you come back in the fall it's still going to be working but think about how you think about trading right now and how your Educators tell you oh man you got to push your Edge it's right now the Market's really hot the Market's always hot it's always hot it's always moving around it's always doing these things every single week it's moving around it's always following time it's always doing the same thing it's setting up stupid people and knocking them out what's it doing that for liquidity that's the lifeblood of the marketplace it's what makes the markets move around it's moving to where orders are resting and if someone in here that has the bested interest in pushing price around just like a casino they keep people in that lose and the ones that lose big they'll give them free rooms you want to see a show it's good to have you back we ain't seen you in a while you're down today oh no problem don't worry here here's some tickets go watch the show Girls Go watch a magic act here we're going to comp you a room come back that room costs them nothing they want you to come back and spend more money that's what the market does they keep selling that idea here's a new indicator here's a new gimmick here's a new methodology of trading here's a new Guru here's a new Twist on old things there's always going to be suckers coming in folks that is not that's never going to stop happening as people grow older new people grow older and now they're older in an investment age and they're going to read the same horeshit that probably got you into trading and they're going to put money into it and that one contract it's all takes that one contract above or below old lows that's liquidity and they only need one contract to book price and if you know where they're trading no no not trading but training their eye on taking the market up to a specific level Allah these highs here or down to the lows I love these here what if they can't hide it now think about it they cannot ever hide it from you that should make you feel confident it shouldn't give you a sense of overconfidence but it should give you confidence that this stuff is in your grasp it just takes a little bit of time of you watching it studying it take examples screenshot it and see what it did and you're going to see the things I'm talking about it repeats every day that's why the whole the whole moniker is every week every day and it won't stop that's my slogan that's my little catchphrase in the beginning it's like oh well you he's just bragging because he got right I get it right week every week it's the same show I get excited and animated because I get to experience it through your eyes because I know you've never seen this before you've never seen it like this where it's like i' I've read this book before I know the outcome that's what it feels like that's exactly what it feels like and it's wonderful it's encouraging and then you want to teach it to your children when you you know it because once they had that skill set that's it you're done you're set you can lay your head down and not have to worry about it no more that's what I want for all of you I want it for my son I want it for his sons and daughters should choose to have some but all of you that are listening ease dropping in I want it for you too you can't even imagine what it feels like to wake up in the morning whenever you wake up not by an alarm clock just wake up because your body says it's time for you to get up and do something ain't it and you decide do you want to make an annual salary by pushing a couple buttons and waiting a little bit of time or you just want to take another day off because it ain't going to bother you if you do you have no idea what that feels like you have no idea but it's all in your grasp by what I'm sharing for free here I promise you if it was complicated and you couldn't do it and it's going to require more than what anybody else would be expected to put themselves through I would be up say but you're probably not going to do this it's going to be hard only less than 1% of you going to be able to do this I come out and tell you I'm I'm blunt about everything and I would tell you this is some hard but it's not what's hard is starting with a systematic approach to studying and sticking with it like a diet or working out with weights you're not getting the results right away You're deferring the results you're going to put yourself through this process and defer the results that you hope that you'll get you don't know if you're going to get because you don't know if you're going to stick with it and most people don't stick with it so what do they get they don't get the results hey I'm trying this diet I'm trying that diet I tried this exercise routine yeah you see this new workout routine hey I'm doing the so and so split routine everybody's got something how about just lift weights and have a a caloric deficit how about that it's simple well I just did that same thing with trading all you're doing is looking at a specific element of Time start watching at 7 o'clock up to 9 regardless if you start at 7 8 or 9 you're waiting you're waiting for information to be delivered to you in the form of relative equal highs relative equal lows and what side of the marketplace are they taking first that's the Trap that is the gimmick that's the snare that's the Judith swing doing its job leading the dumb asses the sheep that just going to follow the herd what's the herd whatever the Market's doing right now if it's been going up they're going to buy it if it's going down they're going to sell short that's what a retail minded Trader does that's what they do they key up on okay this is what's happening right now oh what's the easiest thing to do oh I need to push a button I need to do something it it's dropping I'm I'm gonna so short and sometimes sometimes it moves continuously for them and they attribute that as skill and it's not they're rewarding poor decision-making and gambling and that's exactly what I did in 1992 and I attributed as I'm better than I thought it was this was easy in a couple months went by man I got all this figured out no no it wasn't like that at all then the market started dropping having retracements and I didn't know how to go short and I was buying and every time it went lower I bought bought add more to it um yeah I better not I better not put a stop loss on this one let me just buy one more because then only has to go up a little bit more and then I can get out even see what just happened I'm not trying to make money I'm trying to get back something I lost that's not profiting that's getting even and getting even is the same thing as Revenge I want to get even that that's that's toxic how do you avoid all that stuff by knowing what you're doing what you're looking for and you've been around the block enough times to know that this is what generally is going to happen that means you're desensitized to it that's what these live streams do they show you over real price action with somebody that's going to show you 30 years of experience this is what I see through my eyes this is what I see watch and observe that's all that's all you're going to do and by watching and observing Caleb is going to say okay I see this I didn't see that dad so he knows now I got to go in and look at when the market does this or that as a result and I don't know what he because I'm I'm not able to read his mind obviously he's going to have his own questions just like you have a a large degree of questions I'm sure from a session like today but I want to go into the 15-second chart because I said we were going to do that but I also want to re uh refer back to this little area here so when the market was creating this little run what I was anticipating is that they were going to take this relative equal High out that's what I wanted to see okay and I felt that we were going to work at least in the lower half of the new week opening gap which is this is the new week opening Gap low and this is new we opening Gap high and all of this price that I'm sorry all this price action here on a one minute chart doesn't look as clear and obvious as it will when we look at the 15 second chart actually this not what I want to do here um um let's look at here if you study the [Music] video what the hell am I doing here we go right as price creates this price running here I've already saw this low this high in that low on a one minute chart but like I have the charts over here like I have a a one minute chart over here which is really redundant should that should be a five and this should be a 15 when I'm watching price action I'm looking at a higher time frame chart and if I'm looking at something on a a 5-second chart or 15sec chart or a 30 second chart anything less than 60 UH 60 seconds so sub one minute I have to Anchor some logic as to what I'm expected to see on the lower time frame so for a 15-second chart all of this run from here to here is going to look different there's going to be some not always there's not going to be always a overlap of the same inefficiency the same gaps that would exist on a 15-second chart may or may not exist on your one minute chart it certainly isn't going to likely appear on a five minute chart so the price Continuum price delivery Continuum theory is where we're we have something identified on a higher time frame level and when I say one minute in in Defence to a 5-second chart one minute is higher time frame it's not a significant higher time frame because it's only a one minute chart but if I'm going to engage price action with the basis of a sub one minute chart that means 5c 15c 30 second chart 45 second chart something to that effect I'm leaning on the logic that the one minute chart is subordinate to something higher than it which would be the five and the 15 so if you do all of your study initially with just a five I'm sorry 15 minute 5 minute and one minute chart you will have a solid understanding of price action it doesn't mean that you will know when the hold for long-term up days or down days it doesn't mean that you're going to hold for the weekly range it just gives you opportunity to practice and study where and how price delivers and the relationship between a 15-minute time frame how it books price and then what it looks like on a five-minute chart and how it books price and then a one minute chart but when you go down to a 15-second chart or anything less than a one minute chart you're going to see spotty price action that is many times acceptable in that time frame but when you start seeing things that agree with say a one minute chart here then it's going to be a matter of let me do this one minute chart [Music] bear with you one second e [Music] you should be seeing the one minute chart with the opening range Gap it's shaded here but it's the portion the lower half portion here of the new week opening Gap so new week opening Gap High new week opening Gap low if we measured that like this and I'm just going to eyeball it okay to 604 even see that right there that's the lowest quadrant level okay it can trade to the midpoint but what's a low hanging low threshold objective if if you're going to Target something going long the lower quadrant right or the low okay great so if I think that I'm looking at a Marketplace that's trading off of this breaker low lower low high that's not a breaker that's a breaker to me this retracement every retracement that sees it break to the upside that's a breaker inside of here in this range that up last up closed candle what is that that's a bullish breaker [Music] we're trading down into it and then we have a shift and Market structure right there I want to see when this Gap formed on what on a 15-second chart all these boxes here are relative to a 15-second chart you'll see it in a second but I want you to look at the logic on a one minute chart shift the market structure on that candle right right there then we have the candle close here so now on this time frame we would have [Music] this big Paradigm Shift about to take place for you you would see that Gap and this is institutional entry Dr right there if you were trading on the one minute chart because you don't want to see this Gap fill in this smaller Gap that's different sh uh different shade of color that is inside of that Gap because it's a 15 second bid and balance Cid in efficiency that you want to see what stay open stay open then you want to see it displace higher proving that this is going to stay open and then we have what this rejection block is pierced right there so then on the lower time frame 15c chart we will drop down to that when it trades into this Gap that will be based on a 15-second chart and it's also what is it what's this on a one minute chart what is this that right there it's a wick half that Wick because it's treated like a gap if we measure that half of that is this so when I'm watching price action I don't just look at one time frame I have a Continuum of price from a weekly to a daily to a 4H hour to 3 Hour 2 Hour 1 hour 30 minute 15 minute 5 minute 4 3 2 1 subm minute on a a a matrix chart where it's a lot of the 5 4 3 2 1 and Sub sub one minute chart time frames I watch and I'm reading price action like this because that's exactly what the algorithm's doing it's cycling down and then going right back up cycling down and right back up through the time frames so if I know I'm in an area where the woman is in a bu program if it's going to go up where's it going to go to new week opening Gap low because it's going to gravitate towards these new week opening gaps it's this week's new week opening Gap it's a it's a highly influential price action it's like a or not price action it's a PD rating price action it's like a black hole it's not going to escape it it's going to draw it back in well we're down here waiting for it to prove they want to go up wonderful I don't need to be a buyer down here when it's sloppy and who the hell knows what it's going to do I don't need to buy this institutional orderflow in drill on the one minute chart I want something that is in line after it's occurred it's done this movement here and then I had this wick on the one minute chart I means that when we opened up here and create that that separation let me take this off for a second that separation between that Wick's high and that candle's close wonderful the next candle we open up here and does what it trades down there is no Gap right here on the one minute chart but there is a consequent encroachment midpoint of that gap on that Wick because Wicks are gaps that's the logic I teach you to have so when we see it drop down like this in the recording I put on YouTube you can see I executed a market order as it went into that I hit it Market rallied and then it showed this imbalance here trades into that and delivers up into the new week opening Gap because I'm trading pre session that means be even before 7 o'clock I'm using the logic of relative equal highs over here so now watch what occurs in price are these are these relative equal highs hiding from you were were they in your chart too of course they were were you watching chart at the time maybe maybe not I don't know but I know that there's liquidity up there in this Le in this 2024 mentorship I taught you to validate a relative equal High it is a high that has a slightly lower high to the right of it that's a that's a valid relative equal high that is where your liquidity is most likely going to be tapped can it run relative equal highs that have a slightly higher high than that one sure can the key is this is the part where you write down if you watch that one that has a higher high if it makes the higher high with a wick but the bodies are still so showing this this body uh close is slightly lower than that one if the one that you think is a relative equal high if it Wicks above it but the body still stay below then the one to the left that's still a valid relative equal high and it'll go into the wick you're just going to be met with the challenge of you need to see it trade above and close and show speed and magnitude above if it has a wick its consequent approachment okay remember what we were looking at when price was diving down today below its initial low after 9:30 is opening I said watch the Wicks that's why you need to see does it want to indicate that it wants to go through that if it does then you probably part of a more meaningful run or if it does that give it a chance to reverse and get back above it which is what we outlined this morning and trade to the opening range Gap again and to write to the buy side liquidity eye outline at the very beginning of the stream see how all this stuff goes together it's it's it's logic that will repeat for you but until you see it and expose yourself to it via live stream watching over real-time price action because if I don't know what I'm talking about you're going to see it it will fail miserably the things won't be there are you seeing that or are you seeing that just does not make sense otherwise but works yeah it's like technical science so this is the draw on [Music] liquidity are you having fun I'm having fun all right so your buy stops are here that's where your buy side liquidity is this is the entry I'll show you that in a minute it rallies creates an imbalance here notice that this imbalance doesn't even match on the U one minute chart but we're watching on the lower time frames but again what is here when price goes above it do we just disregard this well if you're watching anything else but ICT that's exactly what you do no we don't do that we take and you measure it on the time frame it exists so there is what consequent encroachment do these candles touch that consequent encroachment no so while I'm watching price action I may be showing you the execution being recorded on that one specific time frame what am I not showing you it's my observations through the price delivery Continuum it's watching higher time frames down the lower time frames and I'm weighing out do my PD arrays keep price from dropping or if I'm expecting this consequent encouragement the trade to which is reasonable it's consequential it's consequential to you holding on to the trade so it can encroach into the mid part of that Wick hence the name consequent encroachment so if I'm looking at it and it doesn't touch the midpoint of that if I'm bullish and if I'm in a long trade does that booler my confidence or does it chip away at my confidence about holding the trade if it fails to touch that midpoint is that a good thing or is it a bad thing for my trade if I'm long I'm trying to make a gain by having prices move higher it's wonderfully delicious that's exactly what I want to see happen but you aren't taught that in anything else this is real orderflow I didn't have to show you a market profile volume I didn't have to show you depth of Market a ladder no vwap all the Mickey Mouse you're literally seeing everything in the open high low clo uh closed bars okay everything is in price everything they're never ever ever ever ever going to be able to hide it from you it's never going to be hidden from you they cannot hide it from you stop worrying about it it's going to not work because I'm going to start doing it's going to stop work they going to change the algorithm I'm not changing why part of this don't you understand it's Gonna Keep working man come on but you're watching time frames that are higher down to the lower time frames you're going to see things on the lower time frames that you won't see on the higher time frame for instance the 15sec chart but I'm managing I'm managing that expectation of what the five minutes doing what the 15 minutes doing and how many things are forming on that 15-minute chart it's not forming like on a 15-second chart and it's behind you after it forms that means the price is Advanced if you're on the right side you're moving further away from that thing that occurred on the 15minute time frame for instance say this say this gap down here was based on a 15-minute time frame and we're we're trading here is this all that influential in terms of watching price action at that moment there no so as I move away from the higher time frame PD arrays that's supporting my confidence that the trade's panning out I don't need to worry about the 15-second anymore my focus drops down to the five and as long as I'm moving away from the PD arrays that's formed on the FIV minute chart then that's wonderful that's exactly what I want to see happen but I'm watching that one minute chart and then same thing because one minute is going to be closest to anything less than one minute chart so the PD arrays that form on the one minute chart if I'm working with a 15c 30 second 45 second or 5 second chart I am very very hawkish over the one minute chart I'm watching every PD array this is an example so if I have a wick here the midpoint of that Wick I'm watching as it's doing I could see it touch that but I don't want to see it touch it when the last time you were in a trade and you know what you're looking for for support or resistance and you're think about it it goes in the face of trading support and resistance you want to see price find support at support right I want to see it come down touch this and and and and push price higher well that there's flawed logic because support ain't pushing but the narrative that causes you to lose money and put false hope in something it doesn't work I want to see a level that could support but not touch it that right there is a whole paradigm shift if something is reasonable to assume that this is likely to happen in price but it can't even do it it tells you without a shadow of doubt it's immediate feedback this is going up or going down in deference if it can't trade up to a level that you thought could be if it could be touched think about it never thought about like that have you right because I take everything and turn it upside down and when you do that with trading it works if you do what everybody else does you're gonna get the same results 90% of people lose money 90 people blow their accounts out 90% of people can't be profit longterm they don't see what price is going to do they can't trade they can't do this can't do that they don't want to buy they don't want to sell you can't time to Market that's what they tell you you can't TI the market what the am I doing here I'm literally telling you in advance what it's going to do on a one minute candle on a 15c candle why it should do it you have a choice you either believe the guy that's standing here telling you and proving it to you and charging nothing for it or you believe everybody else what are you going to do you have a choice now what direction are you going to walk forward with you going to believe the guy that's proven it to you and saying all you have to do is keep taking lessons and you're going to learn more as you go and it costs nothing out of your pocket you're going to grow and you eventually will make more than you've ever made in your job ever and what you do beyond that is up to you or you want to listen to everybody else's opinion I don't know you tell me which one's the best wiser decision but that right there sets up the tone for it to run higher how high can it run well the draw is the new week opening Gap low right no because that's equivalent to and below the relative equal highs it's over here where the stops are this is where real orders are anyone that's being short they have stop orders right there how do you protect a short stop I'm sorry short position you put a buy stop on it so if it goes up to that level you want to be out because it could keep going higher you don't want to hold on to unlimited risk right so above highs or a singular high after the Market's dropped you don't need a book map to tell you that there's buy stops above that you don't need that do you need it in the beginning to help convey and teach you conceptually I believe at the time when I first started if a if there was a a way that I could see real orders that would have helped me understand why the market could gate to a specific level but not to everything and the perfect excuse of of saying why it's not always the be all end all pania that people say it is just look at the live streamers that use it why aren't they talking about the very levels that call the high andm term high and low in a day they're not because they don't know how to read it it might be telling you that that there's this number of Trades sitting here in a pending order but that number of Trades you pending above an old high or relative equal highs or below a low or below relative equal lows doesn't mean it's going to turn the market it doesn't mean anything except for that's where the orders are so if that's all you're going to get from it I I've already taught you how to read price action where you don't need any extra gimmick everything is in the chart everything is in the chart as long as you have real-time data you have every weapon that's available to you that's required to do well so you can't use the new week opening Gap low which is that big bold line here from this week's Sunday's opening you you can't use that one because the the barrier to getting to the liquidity is above that here by that candle sticks high so right away we're met with this is the initial interest can it trade there and then if you start doing calculations which you don't see me doing but I'm showing you why I did it and you're G to see right away this is exactly what I was doing on my other chart because I have monitors in front of me and you can see that if you go on my YouTube shorts uh you'll see my my trading uh layout I have 12 monitors I have a 13th monitor that I don't have actually hung up and I was telling my kids the other day I gotta get this thing hung up it's it's a larger screen but uh do you need all that stuff no and I probably shouldn't have said it that way because it sounds like oh man I'm not gonna be able to trade like this or have this information unless you don't need that you can do it with a three panel layout like I first started but I had the prefaces part of the discussion with the with the disclaimer again because I don't want you believing just because I said it I want you to investigate it yourself see it if it's there if it's not like anything else okay for the people that go through it and start trying to study it this way it's going to unlock a perception of price actions you've never seen before everybody has a 50-minute time frame everybody has a five minute everybody has a one minute but they how they manage it the Continuum of how price is delivered through that that mechanism of higher time frame down the lower time frame and then back up not just one side it's got to go back both ways and you're constantly weighing out what feedback you're getting with the PD arrays I've teach and when you can see the price action doing these elements and how it supports price continuously moving it's by it's not being negated it's not eating into levels that would otherwise be problematic everything supporting each other but it's not support and resistance it's not supply and demand it's literally looking at how price refers to liquidity and inefficiency in the spectrum of moving in a predetermined level above these relative equal highs okay but now how far the question is is always this where is Price drawing to well where's the relative equal highs and relative equal lows once you determine that how far beyond them can it reach well what uh endg or new week opening Gap is existing Beyond them because that's where it's going to gravitate to so we have the the buy side here these relative equal Highs at the butt end and into the lower quadrant of the new week opening gap which is defined by that high here this line in this line if you watch the beginning of the recording I show you where these levels are anchored to it's Sunday and mon Sunday and Mondays I'm sorry Sunday's opening tick at 6: pm and where Friday's settlement price was and the difference between whichever is higher that makes the the new week opening Gap High whichever is lower last Friday's settlement price or Sunday's opening price is obviously the low okay so that's how you define it but the midpoint of it is here that would be consequent encroachment but because I want to have the lowest threshold exit I want to show my students how to do that I want to show my son how to do that yeah it could trade there but what's before that the lower quadrant level right there so to get this this price it's going to have to book what 19,618 these levels here and just know that that line once we get above the blue line which is the bity here if we have that on our chart we can do this we can look at a 15-second chart here all of the things that are over here on this chart right here are being shown to you on a one minute chart and I'm watching on a 15c chart now 15-second chart your first time seeing it you're going to think wow it's too fast I can't use that time frame it's too fast it's not moving any faster than with that one minute and 15minute time frame the hourly chart the daily chart if you're watching ticking price on a 15sec chart have a daily candle chart right next to it and you'll see it's not moving any faster but because you're looking at the candlesticks forming closing creating another one open forming closing it feels fast but when you anchor it to a higher time frame reference point like for instance the one minute chart the one minute chart is my guide on what I'm doing for a 45 second chart a 30 second chart a 15sec chart and a 5-sec chart I've executed and you've seen me do this with a 5-sec chart and it has the same measure of precision that I show on any other time frame so if if I'm looking on a one minute chart like this and I'm expecting price to gravitate up to that 19610 two5 level which is right here as well on the 15sec chart it could trade up to the halfway point of the new week opening gap which is here over here okay but I want to be able to teach my son how to get very easy objectives where it's not hard work it's more likely to fill this one than try to reach for something that's really high and lofty because I've been in a pursuit of perfection my entire career and every time I demand Perfection while I'm moving in the direction right direction because of the aspect of the limit order meeting the spread in that agreement before I get my fill sometimes I don't get my exess even though the price can book there and I've shown this in live streams I've shown it in live examples I've shown it with Live accounts I've done it and it trades to the price I've called it trades to the Limit order price that should have booked but it doesn't it doesn't trip me in that I take that as a little aggravating but it's also a pattern the back for saying you know what you're a animal ICT because literally you called The Very turning point and they were being dicks on the way out the door they said no you can't have it you you're taking everything from us and we can't let you have it don't take the last piece of pie so I have afforded myself a strategy that says yes I can see where the best turning points are likely to form but on a steady diet I need to know where the easiest barriers to profitable exits are going to be for me which is the easiest thing to get to Well it can't be the low because that's where the actual relative equal Highs are where the buy side is and it's just slightly above that so that's that blue line remember and then above that we have the lower quadrant of the new week opening Gap and then then we have the the midpoint of it so this level here is the easiest threshold to exit profitably even if I can't get the midpoint of the new week opening Gap so you see how I'm measuring with logic that it could go to a specific level that I can forecast I can see it and I can feel good in my journal and say I felt really strong about the consequent corach of that level being traded to but rules state that to have a low barrier to exit profitably state that what's what's the threshold prior to that one well it would be the lower quadrant of the new week opening Gap and then as price created this level here that's green that I'm looking for that to be a breakaway and it acted as such it didn't even trade back down into it and then we had this Gap here from where we closed here we opened on that Candlestick right there and there's an actual Gap with an order block this is a strong PD array if you ever have an actual Gap where there's no no width and you see it after a down close candle and you're bullish as soon as it trades down into that that's a buy and that's why I bought it but it's the Gap even if that order block wasn't there this this would been a fair value guy and that's what's highlighted there in blue so it's for students that know more than you generally do as a new student Watching Me on YouTube I've had students for a number of years following me and they have a little bit advantage of having been with me longer and they know a little bit more about what it is I teach but most of it's actually on this YouTube channel so don't look at them and say well I wish I would have been just watch the videos they're here for free but as it slammed into that I went along entered at the market you watch it in the recording and then we rallied up in this area right here right there that's this Wick that's what's being measured on the one minute chart I'm watching as price is going up I'm watching the 15 second destroy the midpoint of that right there which is exactly what I want to see and then when we start to come back down in I don't want to see it touched does it touch it there no oh no oh no oh no I want to see it come down there and not touch it does it touch it no then it starts to Rally up wonderful institutional order for in why because we have proof that it doesn't want to go down consequent encroachment here based on a one minute chart see what I'm doing I'm measuring the strength and the magnitude that's still possible in the delivery of the price but I'm measuring the underlying strength and seeing does this really prove that I'm on the right side and is the market breath in a visual representation that can never hide it from you is it supporting higher prices yes because if they was weak and touched this level here then it's probably going to have a deeper retracement on me I don't want to see that I want to be a part of a trade I want to hold on to a trade I want to add to trades that show me all these types of signatures that tell me no I can't even get down air for you ICT yeah this is your but I can't even get down air for you I can't even get down okay that means you're getting ready to go up for me and I'm already on side so I'm going to be comfortable I'm going to be wonderful and then I'm going to make my target better when it was just above that blue line watch the recording I raise it up to some random level that you can't see otherwise but it's the lower [Music] quadrant there's the Buy as it happened real time look at the look at the little carrot that appears right at the order block look at that you see that beautiful isn't it that's the entry could you improve on that ICT I probably could have by a tick that's the best I probably could have improved on because I was doing it with a market limit order I probably could have done consequent encroachment but RIS maybe not getting filled but that is poetry like that's beautiful like that's beautiful the market rallies up comes back down doesn't give me consequent encroachment tough there folks this is this is Beyond Charter level Charter level members never even learned this they never were going to get these lessons they never ever ever ever would have gotten this lesson ever they never would have gotten it they never would have learned this this never been taught anywhere else before it's never intended to be in the public size it never was supposed to be in your hands and you're watching this stuff you might be thinking this is complicated or this is dumb I don't get this the logic was used that they take the trade and you're going to hear me bloviate about the same stuff every single time we're in front of live streams this is what you're looking for you're watching this Caleb you're looking for this and you're G to see this just keeps happening over and over and over again and it might seem alien to you it might seem complex to you right now but you're gonna see it doesn't get complex it gets easier because you keep seeing me say the same things about the same stuff all you have to do is know where the price is going to move where is it going to draw relative equal highs okay how far past the relative equal highs well is there a new day opening G or is there a new week opening Gap just above it where is a close proximity use that one if the range permits it break that range or inefficiency into quadrants lowest quadrant right here what's that price right there 19,000 60.25 to get that price you got to book what one tick above it bam look real close right here you'll see the little arrow where I get out at BAM right there that's the logic folks so am I making this up as I go along and just happens to line up to the things I'm teaching that's the that's the other I get in my comment section oh this is after the fact he's just trying to make it fit he's just cherry picking are you out of your mind here's what I'm doing I'm cherry-picking everything that works live right in front of you how about that one yeah of course I'm cherry picking I know which fair value G I want that's the one I want the one I called to you live and told you gonna be institutional in institutional order flow entry drill and it delivered like a gang Buster bang delivered I don't run out of luck and I don't run out of yeast this Baker can make cakes forever as long as the Lord gives me breath and faculties I can still have in my head I'm going to be doing this it's not going to stop working so you might as well just warm up to the idea that hey this is the real I'm going to try to learn how to do this even if you're just 1% better each week you're moving in the right direction and don't let go of it keep progressing further and further in the future you'll see it it works it works so now let's slide on over into the 9:30 and this is probably going to be the last long one in the series because I have to make it uh palatable for Caleb because it is a lot I'm GNA take these these are just measuring those Wicks on the one minute chart and I don't need this and I don't need the old lows I'm sorry the relativ equ we don't need to see that anymore and we don't need and we'll keep that one for now all right so 930 okay so we ran up into the opening range Gap went above it a little bit broke down here's a gap right there you see that right there we overshoot it a little bit that's that's equivalent to a one minute Mohawk just a little bit of a coloring outside the range you have to keep things in perspective because this is a 15-second chart meaning every single individual Candlestick is representing the open the highest high the lowest low and where we sto trading every 15 seconds now it sounds scary like man is this moving too fast it's moving no faster than it's moving on an hourly chart a weekly chart a monthly chart a yearly chart it's not moving any faster the only thing that tricks you by perspective is the frequency of a new candle forming the range upon which it's moving higher and lower it's not changing that the same amount of time in fluctuation is occurring so when people say the speed is too fast they're really talking out their ass because the Market's still doing the same speed what's changing is the magnitude of the move that is not determined by the time frame you're watching it's that that that has no it has no direct influence of how far it's going to go something occurring on a 15-second chart doesn't equate to or make a 100 pip or 100 hand run in price you can't think about it like that the Market's going to run like that because of time if it's the right time for those types of runs to occur then it will it matters not whether you're perceiving price through a 15-second chart a one minute chart five minute chart 15sec chart whatever time frame you're watching the magnitude or the distance upon which price is going to move is dictated by the time upon which that move begins and it doesn't mean that you begin a move on a 15-second chart 15-second charts just gives you these areas of opportunity for you engaging price it does not make the move faster and it doesn't slow the move down it just gives you opportunities to engage what's going to be in play higher prices or lower prices okay so we're going to go into the second drop where we're spending too much time in the opening range we're inside this inefficiency here we Dro down after working the midpoint of it or not the midpoint of it the uh lower lower quadrant we drop institutional Oro in drill there almost immediate rebalance right there if I was watching this live as it was going up like that I would have commented said watch for immediate uh immediate rebounce immediate rebounce is when you have a big down closed candle and the next candle opens up and goes right back up to the previous candle before the down close or the larger range candle and when touches that right there that's one of the best onside indicators that you could ever get in trading and when you're watching time frames and you're watching and managing your trade any instance of that occurring and you have not had liquidity taken it didn't happen yet until that right there see that so it could have very easily went up and touched that candle's low if it did that would be an area where I would pyramid if I was short I would pyramid there and I would look for this lad to show speed through through it it does and now be first partial but let's go to the conversation about what I outlined real time [Music] on the live stream you watch me execute on something beforehand and I get the Flack all the time why can't you talk about these moves in real time ICT you're a you're a fraud well when I do it you don't pay attention to it you want me to execute and place my stop loss so you can mimic me I don't I don't want you doing that but I will do it here I have to do it because I want my son to do it so we have this I'm going to take this box and then that shade the Blue Area remember I was telling you that's the range between the opening price to the lowest low of the day so now it's gone and now that chart looks familiar again okay so we went down below the lows over here this is a a one minute chart on the left low and a slightly lower low to left that there so we went down below this low right there this price action right there is this price action right here [Music] watch see how I'm making that little box here on the one minute chart it shows it here on the 15 second chart so the market has a shift in Market structure on the 15sec chart here the same same thing you see on this one minute candle it rallies up this is a breaker this is a breaker this breaker this up closed candle extend that in time there so you have a gap which is a bide and balide and efficiency and you have the midpoint of that gap which is consequent inment and then you have the breaker so you have several things there if you were watching a 15-second chart or if I was trading on a 15 second chart I would have tested the market by entering in here would it feed that idea it rallies up and it does then we said we want to watch it trade back down into the new day opening Gap high and maybe as low as the new day new day opening Gap low on the 16th go back and listen to the early part of this stream you'll hear me saying those things over live price action before it happened later on in the Stream I explained why because the loty was over here with this the bodies were expecting the new day opening Gap high and it didn't do it here so which low am I going to refer to as a a discount array for Price this one even though this is lower I don't care about that I want this one why because this one was respecting the same reference point I'm using to enter off of over here one one minute chart we want to see it open trade down to that new day opening gap on the 16th we get that here trades down hit it and then rallies up then we have displacement we have a separation of overlapping candles which is what we're seeing in here all of these candles are overlapping they're sharing the same price range the highest high and the lowest low they keep pricing them back and forth and then we leave it right there wonderful that's this movement right there on that candle in the one minute chart that's what I said when this candle was still active on the one minute chart lower left hand corner when the candle I'm highlighting right there was still forming had not closed yet I said we're going to see a fair value Gap and I would like to see it create an Institutional orderflow entry Dr that means go one tick below this candle's low and then rally up to new week opening G low and then we'll see what it does after that well we get that here boom boom rallies see that this we don't want to see that close back in why because we're close to a Target and if it's if it's going to go here it's probably going to run this High because there stops right before this drop down here anyone short where's it going to place their protective buy stop at right above this high so if it's going to go here and trade into this old opening gap which is shaded in pink that's the difference between yesterday's settlement price and where we started trading at 930 that's the opening range Gap price eventually trades up into the air and hits the new week opening Gap High look at the bodies look at the bodies respective that on a 15 second chart buying and selling pressure causes that right buying and selling pressure causes that much of respect of a level that's supposed to be randomly pulled out of my own ass no come on man at some point you're just going to have to you say this is this is something to this and it's not somewhere else in books no other teacher no author talked about it then you have this inefficiency down here and go over to the left see that so this singular candle and this singular candle here are sharing space the same space the same range and it passed through with one single Candle on the downside here and on the upside here go back and listen to the time when we were trading here we can see it drop down below the new week opening Gap low and trade into the inefficiency right here but this is a balanced price range because we passed through it here and we passed through it here so between this candle's low and that candle's high that little box is balanced it's like a brick wall it's like you will not pass me why because it's in a buy program it's going to be reaching for the liquidity here here and where we mentioned earlier where the where the buy side was eventually we saw traded to but the point was I can see this I'm watching this and I'm pairing this up with this over here so just as much as this is a balance price range this candle in the lower leand corner that candlesticks high and that candlesticks low those two price points Define where two candles back to back have traded in both directions passed through multiple times in that range so think about like a trading range okay you ever studied uh the trading range in a market it's you most Traders are doing what they're waiting for the breakout okay and I'm not a breakout Trader but I can understand that when a market passes back and forth through a predefined range high and low it's going to take something significant to go on the other side of it so if I can see those types of signatures in price action it's two forms of it single delivery down here one candle and I mean it like this look at it like this conceptually view view it like this [Music] Gap well now we passed through it so we offered what here buy side what's missing over here buy side because they only have one single candle going down so in a perfect world a balanced Market a efficiently delivered Market would have the range open all the way up to here and pass back through it because only this single candle for 15 seconds only passed through the range of the previous candle's low to the candle's High here so between those two points that's shaded in this blue it only offered movement going to the downside how many times could someone buy or sell in at 15 seconds not much so what's it inefficient it's inefficient in the scope of price moving up doing that same price range and we get it here okay so because we have one single pass on this candle and this candle here I I see that visually as a balance price range it's offered both sides it's true because we have not seen what the buy side that was going to be targeted which is the the 6 38.757195 but I'm anchoring it to the F uh to the one minute chart as I'm referring to this Candlestick here and this candles that's a Balan price range but it looks visually like this on a 15sec chart so there's more room for it to have this little errant price action there but it's not errant on this time frame because watch we're inside that balanced price range it did not take out that candle's low that's reasonable it's like a brick wall you're not going to go past me past what the low of that range that's defined by that candle find that logic in in a trading book it's not there it's not there I had to come up with a way to describe something that I still can't go beyond the scope of what I'm saying here that's really occurring right there but because it happens to visually agree with the primary function of what's occurring at that time it allows me to communicate to you visually balanced price ranges are an efficient delivery mechanism but if they ever fail that's a huge huge indication that something has changed and it's manual intervention because algorithmically the price is going to respect these types of things but if they stop the hand's in the mix the hand is the market maker the people that are going to push price Beyond where you think they're going to go even my stuff even me taking a trade is not going to work they're just going to upset it and that's okay I can accept that problem is can you can you accept an uncertainty of when that's going to occur I got things I can see when they get involved in it but not always but when I see things like a balanced price range giveway then there's something underlyingly behind the scenes that I I don't know what they're doing but I know now they're in it remember the analogy I gave you when Neo in the book uh not the book the movie The Matrix he sees that black cat walk and they looks over and sees it again he says well that's weird that's deja I just saw the same cat twice and they all knew because of experience shit's changing we got to go the the agents are on our way or on their way there's a change in the The Matrix they made a change that's manual intervention the same thing when I'm watching price visually and I see things like a balanced price range break what I think was underway is changed it's not likely to occur here that's not the case we're seeing this candle's high that candle slow because it's moved back and forth in that range we're not concerned about price going below that we're seeing it deliver up down up down up you see it that's the balance price range here on the 15 second chart but visually it's this this candle's high that candle's low but it's occurring right there did that Candlestick go below that low right there no it didn't so what's changed nothing everything's still valid that's why I was telling you I believe we're going to go down to this little area here in the inefficiency on the one minute chart but not go below this area here because this is a balance price range this Range High that range low listen go back and watch the recording it's there this is the part when people watch these portions of it it sounds like oh he's making up I I I get so tired of saying this that if you just listen I'm telling you this stuff before it happens now I'm explaining in at nauseum the details as to why it's doing what it's doing what it looks like how to recognize it remember pattern recognition when you're hunting something you have to know how to track it this is what a track of this balance price range looks like and you can see it going back down into that balanced price range but not going past it it says no you're not going lower than that so any retracement down like there that's not changing anything it's breaking the hearts of anybody that you know uh may be trading against it maybe they're long up here they CH they chased it and it's dropping down here and now they're scared like oh it's going to keep dropping no the market rallies back up finds some support at the new week opening got low again and then here and I was telling you watch look what it's doing here during the live stream see how it's finding support right at the uh um middle of the opening range Gap that's what this is okay the opening range Gap I'm G take that off when you take the stuff off like this it's like what is it doing it's hard to discern what it is it's trying to do and if you start looking for indicators to give you Clues if you start looking at the harmonic patterns and things or retail patterns you're placing your faith on something that doesn't mean but when you start looking at what the algorithm will refer to that's what I'm pointing you to I'm pointing to the very reference points and I'm proving it live these are what the reference points that the algorithm is going to refer back to and it's going to behave based on nothing else and then what does price do everything that he says and for people that don't want to see me do this and they want to watch me fail in front of you it kills them they punch the air it makes them mad and I love it cry harder and the market rallies up comes back down small little retracement this is the old relative equal High which is now as it retraces is what it is a discount count array so old highs is is the highest form of a premium array old lows are the um I said that wrong I'm sorry old Highs are the lowest discount array it sounds like an oxymoron how can an old high because if you're above it and trading back down think CL in this regard think classic support and resistance old Highs are the highest discount array old lows are the lowest premium array so if you have a reference of how what where where the Market's going to draw to up or down every time you breach a PD array you got to look back at the range at just travel through and map out each PD array did you miss a PD array not being traded to did it totally disregard it that's a good thing that's a good thing that means you're on side all those things are indicative that you're on the right side of the marketplace so the answer the question in continuity and what I was referring to last Friday when I saying when people are asking me how do you hold on to trades how do you trust trading and catching big moves well I talked a lot about that I did a clinic on it today and the market trades back down in relative equal lows sweeps it doesn't touch the uh new week opening Gap here high and now we're just Manning around and this is a 15sec chart breaks down where's the trade back into new week opening Gap High what time of day is this we're in lunch so what can the lunch uh Market time do retrace on what's been profitable so it goes back against what was been underway in terms of higher prices or lower prices so it's going to seek the sell stops on moves that's been going up or it's going to seek the buy stops on moves that's been going lower look at the reaction off of that and where we're at here I mean if if if you don't extend the new week opening gaps on your chart and keep them on there for a few weeks you're really you're trading blind like you have no idea why the Market's doing what it's doing and if you're indicator or if your idea if your elbow last time you had tennis elbow the market went up whatever the logic is that you use whatever it is if it agrees with my stuff your stuff's going to work then and you can say that's arrogant or not but that's truth that's what makes your stuff work when it happen to be in those fleeting moments where it's in agreement with what I say the Market's going to do and then there it go now imagine now imagine you have done the due diligence of studying and price reading like we're doing tape reading and defining certain things getting familiar with certain logic when you s when you sign up to learn a language like I went through uh Spanish one and Spanish 2 and uh I know a little bit of Arabic I know a little bit of uh Spanish that's pretty much it um there those are the two languages that I uh I learned from and when I was working for an Arabic family uh I learned all the bad words first obviously because I want to know when they're cussing me out behind my back and then uh I learned the Casual stuff and when you sit down with me and you want to learn how to read price action and you want to be able to read price action and do the executions like you watch me do and you want to see me share this logic in a way that's straightforward easy real fast I want you to think about say you're say you're F and you want to learn to speak English and a lot of my students actually chose to learn how to speak English because of wanting to learn from me this and now they can speak English because they have been so inspired to learn how to trade they forced themselves to learn English so that way you can listen to me did that come easy no way when you learn another language it takes time and it's very difficult especially the English language because we have words that shouldn't sound like other words that spelled completely different like w w o d and then you have w l d what yeah it's very confusing and if you have time you can look on YouTube look at Gallagher he's a he's a a very funny uh comedian and he's very popular for taking this as a skit idea and makes fun of our English language and it's like who the hell designed this this is dumb but it really is true I'm thankful that I had learned English initially because I think I would have been treating it like I did when I was trying to learn French or I I tried to learn chinesee and that's a really hard language I tried to write and read Arabic that's very hard too it's beautiful to read like I love the way it looks it's beautiful but it was hard enough just to learn to to speak a little bit of it and I'm not that fluid with it but I can get myself through a little bit of a conversation but uh learning a language like this is not going to be easy it's not going to be rightaway type results okay it's it's going to take time it's going to feel like you're never going to get there but I'm giving you the best way like if you're going to learn a language work around people that speak that language and because of the exposure to it when I was working at a restaurant in the Arab family that I worked for they would speak in Arabic and then they would say in English so I would know what they were doing and I I would hear him or them say the words and then over time I'm like oh yeah he's saying are they rung up yet did they pay yet um is this done how many more left this is not complete you know or hand them this and hand them that and it was monotonous for them but they were nice enough to do that so I could I could learn Arabic and that's the equivalent of what I'm doing I use the real world experience of me learning while working I'm over top of live price action with you just like I am with my son so I'm showing you things as the price is happening to be delivering higher or lower around specific levels that I think are important that are pertinent to the ideas that I teach and I draw your attention to the moments where you're met with a decision does it continue or is it likely to reverse or is it done for the day and I share my experience in in 30 years of doing this with you real time there really is no better benefit than having someone that is willing to do this I would have saw my left leg off as a 20-year-old when I had all that money lost and draw down and just feeling like I want I wanted to end myself literally I wanted to end myself because I was like why did I even start doing this I'm never going to be able to get it like it's just I don't have anybody to lean on nobody can help me nobody believes in me my family thinks it's never going to work my friends are like you know I don't get why you keep doing it so I had no support structure around me you have such a wonderful opportunity just to sit here and watch even if you don't really want to learn what it is I'm doing I promise you that if you're watching price in you're trading you're going to see something you didn't see or expect in what you're watching and it might protect you it might change your mind about something you may be overhanded and like you're really really bearish and you're holding a really big short position and I'm saying and watch this level it's probably gonna send us up to that level when when I do that in the live streams you have my permission to try to protect your ass because if you're on the other side of me calling this stuff in the live stream you're probably going to lose your ass and I mean that not to be bragging not to hurt your feelings not to be arrogant I mean it wholeheartedly because I'm doing this for my son I'm not gonna I'm not going to blow smoke up his ass I'm not trying to deter him from learning the shortest route and directional way to get right to the end of the conversation of knowing what to do I'm trying to make it complete I'm also showing him the levels that he has to understand in a graduated Manner and it's up to you to decide whether or not you want to be a part of it like I said I don't care if there if it's one person that watched it I know it's my son and I'm going to keep doing it No One's Gonna Stop Me if you don't put thumbs up I don't give two I really don't care you can do it thumbs down I don't give a I'm still gonna keep doing this I'm gonna do it because he wants to learn and I want him to learn the correct way and there's no better way way than Dad sitting out here doing it with a live chart recording it so that way it's recorded it's it's logged it's archived and even if something bad happened and I and I lost my laptop the recordings that are on it don't matter because I have it on an external archive it's on YouTube and there's Witnesses all around the world seeing me do it seeing that it works seeing that the logic is the same stuff it's not being bent and twisted and contorted it's there and now to the last question before I go grab something to eat a Reaper fair value Gap just because I introduced it don't think you know it don't think because I showed my deuce you think you know everything okay there are certain little things that change in price that make it one thing or the other every fair value Gap is not the same if they share the same space of another PD it changes its character it changes it it makes it something else again you don't know what the you're talking about okay so stop trying to teach and trying to call it something else it's not and when you question me about what I'm annotating on my chart unless I come back and say I messed this up I mess and I've done that like I've said um I referred to a market maker sell model when it was really a buy model and or I referred to a second stage uh distribution when it was clearly going up and that's reaccumulation second stage reaccumulation because I'm out here without script and I'm going to do it eventually in the future I'm going to say something that slips that's a slip of the tongue but that is a Reaper fair value Gap that I showed the other day and I told you to project it through extend it through and how many times it used it key takeaway what is August 1st first day of the week what time did that Gap get referenced it happens every single month because the algorithm will go back to a specific date what date would it use first trading Day first day of week Wednesday previous Friday that's not all of them but I'm proving that there is an algorithm and it's going back to days specific why because it has to go back to a frame of reference we're in a new month okay what month are we in August well let's go back to the first day of August use the first pertinent PD aray of August carry it through your chart and you're going to see that you never saw before that's all I'm going to tell you now the rest of stuff will be in the book but when I give a spe a specific PD in an it as long as I don't come back the day after because I have made mistakes before I've I've miscued miscalled something and it's just human error like I have a Biden movement once in now once in a while it's just you're gonna have it too and every live streamer I've ever watched they' they've said that I don't think they realized it but if they go back in their recording and say oh you know why I didn't say that it was backwards it was but I get it and if you're a mature audience member you know you know what a market maker buy model is if you've been around the block with me and if it's going up it's not distribution that's reaccumulation so it's just an innocent type thing but that was an absolute re uh Reaper a Reaper is a Scythe it literally cuts through the whole month and makes it so tradable where any opportunity you see where you can engage that one as long as it matches time of day when the market should deliver it's just obvious it's just a real easy that's that's one of those times when you ask me how do you know which one which which fair value you got to use well that's one of them because it has to be anchored to a specific day that is Meaningful first day of month first day of week what's the first fair value Gap that forms after 930 on a Monday draw that out through the time over the course of your week and the month oh this is too good I'll give you too much I'm giving too much away what the hell I'm gonna have to open up a mentorship I'm never going to be able to eat again how am I going to give how am I going to keep giving this sit away for free how can how can I make my ends me if I keep giving it away for free right oh anyway I've had so much fun with you all today I spent my time Way Beyond what I want to spend so tomorrow we're going to try to be a little bit more economical and focus just on a 9:30 to 10:30 hour because I want to keep keep my son's focus into that little time window okay and I may leave you with things to annotate and watch going throughout the rest of the day but Tuesday through Friday through the rest of this week we're just going to be doing one hour sessions I don't know which day this week we're going to do two sessions in the afternoon I'm I'm leaving that open because I have to rely on my wife to to tell me what that is we have family members visiting us and I have to navigate that so I want to make sure that I tell you in advance it's not because I got a a bruised ego and I did something wrong on the stream I had to close it I'm telling you in advance that they're going to be shorter because I have to make allowances for my personal family time but still force my son into studying that individual trading day Okay so until I talk to you tomorrow we'll be back again at quarter after 9: tomorrow New York Standard Time and uh we'll end it tomorrow around 10:30 and I'll talk with you all then Lord willing until then be safe