I know right I know another live stream another mentorship oh my goodness hey don't folks hope you're doing well give me a second here I apologize for being slightly late the OBS streaming service thing I hear I use wasn't cooperating with me so I couldn't find the settings to get mine chart to show up so I just want to make sure it's showing before I start doing any more jaw burning alright, it looks like it looks like we're live, I'm not sure give me a second, one more time, I apologize just want to see if I can I can hear myself in my headphones. Audio check one. That's pretty good. So I have it set to the lowest latency.
So when I'm showing my 15 second chart, or we won't go down to a 15 second chart today, but we'll go to one minute. All right, so let me explain to you why I'm even doing a mentorship here. As you know, I've been trying to get my kids to want to do this. Pretty much since they were born, trying to mold them and get them into the mindset.
Not thinking for the purposes of procuring an income from someone else's hand. Relying on them to say what they can earn, when they can go to work, when they shouldn't, when they can have time off. I don't like to cultivate an employee mentality because I don't have one.
My son Caleb recently had an interest in making another attempt at doing this. I know a lot of you always ask, you know, how are my kids doing? How are they doing in their learning and whatnot? First of all, I make them work, and it's work hardening. It will make you want to leave it.
If you're forced to do it. If you get money from daddy, if you get a lifestyle given to you, it kind of makes you lazy and you become very lackadaisical and you just don't really have any pursuit in you. So that method I've used has hopefully done its work in the venom of making him want to leave the rat race, knowing that I'm not just going to dole money out to him.
His interest is, again, peaked and wants to make a good attempt at it. So I get a lot of questions about, you know, if you're teaching your kids, how do you teach your kids? You know, what is it that you do differently, if you do anything differently? And I honestly, I do.
I do things slightly differently because, you know, they're my kids, okay? You're not entitled to anything from me. I'm not obligated to give you anything.
I'm not expected, you know. To be your best friend or to be your guiding light, as much as I seem like I am in the videos, it's because I'm talking to my kids. And that's why you have this connection with me.
Because you hear the sincerity in what it is I'm teaching because I care about them receiving it from me. So it's like an archive of me teaching, instructing, encouraging my own children. So when I'm talking with a sense of sincerity...
and empathy. It's genuine because I have them in my mind. Now, invariably, sometimes I'll get a student that's outside my family tree and they'll contact me and they'll say, hey, look, you know, I really appreciate if you could do this, this, that.
And I would touch on those types of, those types of rather. And, or one of my kids will say, dad, how do you, how do you deal with a situation like this? Or what if the market does that? Or how do you know? when not to do something or when should you really push it aggressively i'm going to talk a little bit about that not so much today but i want to give like a baseline on where you should be at when you first sit down and start learning how to do this i'll push buttons in front of you i'll talk about where the market should go i'll talk about what pd array isn't so important to me at the time and why and the ones that i think are important so that way it kind of like filters out and because i plan on doing this monday through friday it will be a exercise for you now if you are already profitable if you're already profitable whether you're using my concepts or a derivative of them or you're doing something entirely different it's probably better that you don't watch the live stream just do what you normally do because i'm probably going to distract you or i'll be a perfect excuse for you if you take a losing trade you'll say ict cars mean to lose money and you won't take responsibility and you need to be responsible okay um the things i'm going to touch on is obviously you know where your mind should be every day sitting down in front of the charts you have to have some reason to be in the charts doing it so that's the reason why i started the stream at around eight o'clock i know it's like seven minutes late but you know you're not mindful so i can punch in late if i want and i can go home early if i want So I want to talk a little bit about that ahead of 830. We have a heavy news driver, the ISM PMI number at 10 o'clock.
I'll be with you until probably like quarter after 10. OK, but this mentorship, at least the first lecture here, is probably going to be a little annoying for some of you that just want to get out here and start pushing buttons. But I promise you, if you don't want to sit through this live, come back to it when you have. time to do it but before you watch tomorrow's live stream okay because otherwise you'll miss the whole importance of what it is that you should be doing before you sit down whether you're watching my live stream someone else's live stream or you're doing your own model you're in training okay because it's very very important that you have a real reason of why you're doing it some of you are here just want to see me do something and and it not pan out so something can go on social media and get some clicks and likes and some you know interactions because you need to get your grocery bill paid and that's fine that's cool but i'm not here to do those types of things i'm not here to brag i'm not here to boast and yes i'm going to win the robin's cups to stop sending me emails okay just i got plenty of time for that don't worry about it it's in the bag trust me on that okay i told you all i would give you a drama i'll give you a tragedy i'd give you a tearjerker but at the end of the year it's my name at the top of that list okay so just just just relax keep making your videos because you look stupid Exposed ICT failed Robin's cut.
That's just gonna make it even better. But anyway Our focus is going to be primarily on the NASDAQ today, but in this mentorship, I will go back to talking about Forex because I know a lot of you are stuck in that asset class. OK, even though I'm not interested in pushing any orders through that market anymore. I will cover some of the things that are salient to that individual asset class when it is appropriate, but it's not appropriate right now because right now I want you to think about what it is that you should be doing.
before you are trying to trade, before you're trying to trade with your funded accounts or trying to pass combines or whatnot. Full disclosure, I talked to Caleb and I asked him what his intentions were, what he wants to do, what he's willing to do. He wants to share and document his progress, so he'll be doing a YouTube channel.
So when I teach, I'm talking, he's not with me right now, but he's listening and watching it live like you are. so the things I'm talking about in this is going to be my suggestion to you if you maybe have watched some of my videos maybe you've watched a lot of my videos and you just don't know what to do or where to begin or what to do right now what do I do right now because it's very daunting seeing how many videos I have and all these different concepts and all these different things these moving parts it's very intimidating and I get it but it's It's meant to be a compendium meaning it's like it's my entire encyclopedia of what I'm willing to give to the public So you can go in you can build your own model So I'm going to show my son How he should do it correctly this time where it's step by step that's gonna be explaining it live So that way there's no hindsight stuff Not that it was ever hindsight when I was teaching him he would watch me push the button right in front of him He would see me explain. I think it's gonna go here this is where it's going to go next i don't want to see it do this i don't want to see it do that this is real mentorship okay it's we're not going to be doing any market replay we're going to talk about theory and say now let me push the market forward and watch what happens when you had the benefit of already knowing what it's going to do that is absolutely not that's not mentorship that is absolutely not teaching anybody anything and it certainly doesn't inspire trust in the person that you're learning from because they have the added benefit of knowing what has already happened So seeing live price action, watching data tick without the benefit of knowing what it's going to do is exactly what you as a trader are going to have to encounter.
Every single time you sit in front of the charts, you don't know what's going to happen. And right now is a wonderful learning experience because the climate is so statically charged. Everything that's going on over the Middle East right now, they're going to have.
reverberations throughout the entire market globally and probably in your neck of the woods where you live. So it increases the level of responsibility on your part as someone that wants to engage in these markets because they're very risky. And now add to it the increased level and amplitude of uncertainty where anything can happen.
you know, a bomb drops or a series of bombs drop in an unexpected location. And then, boom, everything starts changing rapidly. And that fear and that rush will be injected into the marketplace.
And they will use they being the people that are in charge of price action. It's not the buying and selling pressure that moves price. And you'll hear a lot about that as I go. And I know some of you don't like that. I know some of you don't believe in an algorithm.
I know you believe that, you know. Buyers and sellers push price, and that's fine. I'll leave you to that myth.
You want to believe in fairy tales? That's your business. I'm not going to try to wake you up from your dream. Sleep tight.
Price will do what it's going to do because it's coded to do it based on time. Okay? And time is essential. It's the first hallmark to when and why a market should produce a displacement, a run.
whether it be impulsive, whether it be retracement, whether it be anything, it's always going to be delivered on the basis of time. It's going to move at a specific time or a period of time within 20 minutes. That's a macro.
And we're going to talk about those things because I want to simplify it for my son. You all are getting that benefit of seeing it, hearing it, and being explained to you as if it were you being Caleb. I'm not hiding anything.
I just sent him a text before I started. I said, just stop texting me. I'm doing it live right now. Don't talk to me in a text because you're distracting.
Okay. So there's no secret. texting going on.
There's no conversation behind the scenes. Everything you see and experience while I'm doing these live streams is exactly what he's digesting the same way. And the things that I'm going to encourage him to do, my suggestion is to try it for yourself.
And you're going to see everything that I taught is absolutely not complicated. The complication comes from people that want to take my stuff. They want to water it down to a one, two, three ABC pattern.
So They can go out to Amazon and write a book. There's dozens of books about me now. And I'm quite certain all of them are wrong.
But it's a cash grab because my name's big right now. It won't be forever. And somebody else will become something interesting and that'll be the new buzz thing. But right now, the problem with the community that has any interest in me is either they want to do the gotcha about me because it gives them grocery money. Or.
they want to learn from me and then say they don't learn from me, but they talk with my vernacular. They use all my terms. They trade just like me, but they say they don't and they do mentorships.
So if you're one of those individuals, I'm going to help you too. Not because I want to, but because it's going to be a default. It's going to be a default response to you being here because you're going to learn how to finally do it instead of pretending.
instead of talking about and teaching through market replay okay um i asked my son what his interest was he doesn't want me to give him money to trade with which is good that's cool so i asked him what his intentions were and yeah i said are you going to go through like a propper again and he said he was going to use top step now full disclosure uh if anyone if anyone from top step is listening I don't know if they do or don't I know I have students in my mentorship that are affiliated with them Directly not just users of it, but they have No connection to me They have no connection to my son Caleb There is no affiliate links. Okay. I have no connection with top step I did not ask them to be a partner with me. I they didn't ask me to be a partner with them I'm not trying to push any of you to their company.
I personally would not trade with a company like any of them. I personally wouldn't do it. I'm just stating full disclosure while my son learns how to do this, when he feels equipped to do that again, he will then use Topstep to do a funded account.
So that way everything could be seen through the lens of that instrument. so you can see what he's doing when he's making money, when he's not making money, if he does any withdrawals and gets payouts. You'll see all that stuff.
So it's kind of like a test tube baby experiment. He's completely, well, he says he is. We'll see what happens when we get a little further along.
But he says he's comfortable with disclosing all of it, and he wants to put it on his own YouTube channel. And why does he want to do that? Because I'm going to kill that real quick because I know a lot of you are twisted up and your panties are on a bunch.
Oh, if he's so good and he's your son, he shouldn't need to do all these things. Well, here's what he's doing. He's working a job. Just like you are. You're working a job, but you're probably on other people's YouTube channels and you're trolling people and you're on those social media trolling because you're miserable because you don't have any money.
Dad's not giving him any money. He doesn't want dad to give him money. He wants to do it on his own steam. I respect that. That's exactly what I want him to do.
I want all my kids to do that. I gave money to Cody and it didn't help him. so I learn my lesson there so I make my kids work if he knows there is an interest and there's a huge interest in what my kids are learning from me directly so if I'm willing to teach him that and he's willing to share that and I'm comfortable with that because if he makes a YouTube channel while he's learning yes there will be ad revenue behind those videos that he puts up and shows his his progress that's not important right now In the grand scheme of things because there isn't going to be a whole lot of viewership. I'm sure initially there's gonna be the Morbid curiosity of seeing him fail when he does fail and they will be celebrated amongst the social media networks.
Okay, that's great That's it. That's it. That's good because that draws a crowd But when he has his milestones where he grows and gets a little bit more understanding and he finds his successes and you hear him Explain what he struggles with when you hear him explain what he felt victorious over and what he made a big deal out of while he was first learning how to do it and then he realizes it wasn't that big of a deal it will personify The very things that I've already taught and mentioned in Twitter spaces where I would more or less counsel and encourage them, but you think I'm talking to you?
I'm talking to them. And it feels like we, you and I, have an intimate relationship that I care about you on a personal level because I'm speaking that way to them. So you can tap into that same network or hive mentality that I have. directed towards my own children by going through this mentorship. It will be over a life price action.
It'll be real experience that we can see what it is that you should be doing and try at my best, try to steer you away from the things that you're probably going to want to be doing, but they're going to be detrimental to your development. And this first lecture is number one, your mindset going into it and then how we set up our charts, what we're looking for. to start a baseline to determine what type of trader you're going to be. Because it's real important that I don't push you into a mold. Caleb needs to tell me what he wants to do.
And then once he finds out what that is, and I'm going to teach how to determine what that is for yourself today too. Because if you don't have that direction, if you don't have that pathway, you're going to waste a lot of time. You're going to chase things. You're going to worry about things that are not important.
It's going to actually slow your growth. It'll slow down your productivity and it'll hold you back and there's nothing more challenging Than feeling like you're not doing enough in trading because no matter if you're making money or not You know what it's like if you've made any money whether it be a demo account Dabbling around with it or you try to fund it accounts and maybe you got lucky you got a payout and then now you never Can do it again what changed? Nothing changed you just got lucky doing something that had no bearing on what you should be doing consistently going forward.
It was just an aberration. It's something that just happened, but now you attribute it to, well, that's skill. And we're going to show how you develop real skill.
So that way you can produce a consistent baseline to evaluate, okay, do I want to be a trader that focuses on long-term trend? directional moves and only trading in that direction? Or do I look for periods where even in those long-term daily and weekly movements, where can I see potential intermediate term or short-term retracements? Because I understand the trend may be going in one direction, but it's something I don't trust to be a part of because maybe you've tried entering on trend models and they burn you and they retrace deeply against you. and you feel more comfortable fading those types of moves.
I'm going to teach on that topic as well. So that way you'll have reversible patterns, turtle suit, real turtle suit, not Twitter wish versions of it. The idea of knowing where the market should retrace deeper, maybe even the basis of retracing to set up a long-term trend model entry to get in sync with that daily and or weekly direction.
So it's real important that you have some input initially, not just take everything I'm saying, writing it down in your notes and saying, okay, I'm going to do this, this, this, this, this, and I'm going to follow up to the letter of the law, and then it's going to give me what I'm looking for. We're in that gray area initially where you have the responsibility because if you don't do this part correctly, everything you do after this holds you up, and it's not because my stuff doesn't work. It doesn't mean that I'm not a good teacher. It doesn't mean that you can't be consistently profitable. It just means that you screwed up and didn't listen to this first lesson.
You have to determine what you're going to do as a trader. And then whatever that is, you bloom there. You plant yourself in that.
You don't care what Caleb does. You don't care what I do. You don't care what every one of my other students do that live stream and do it right in front of you. You don't care what anybody else is doing, even outside of my circle of influence.
Whatever they're doing, whether they're being profitable or not, that's none of your business. You're going to have no bearing on their outcome or their results. You're not going to make them more money, and you're not going to prevent them from being profitable. So why waste any time trying to do that?
Don't try to copy anybody. Don't try to do that. The things that you should try to copy is the mindset about what I'm going to cover. in terms of reading price, very specific generic things that are absolutely not complicated, folks. It is not complicated.
Complication comes... When people want to try to dilute it to make it look like it really isn't my concepts or my teachings or my lectures. That's what makes it complicated.
That's why everybody asks for my slides from the mentorship. That's why everybody says talk little. You talk too much.
Because most of them are not English speaking individuals and they want to translate it into their local language. And if you are running a YouTube channel, I'm going to toss this in real quick. if you're doing a YouTube channel, and there's a dozen of you right now that I'm getting into copyright strikes against, you're translating all of my mentorship videos into your local language, and I don't give you permission to do that.
I've already taken down several channels that have done that, and you can be mad at me. You can send me hate mail. You can do all those things and be mad at me about that, but I've already said that I don't give you permission to do that.
If you want to do that, go write a book on Amazon. That's what people have done. I can't stop you from doing that. and everybody wants apparently wants to buy them so go ahead and go do that but you don't have my permission to take the the work the time and effort i put into making the charts the lectures the graphics all those things i did that on my own you don't have you don't have the rights to use them so you're all going to lose your ad revenue on that and i don't feel bad for you because i've already warned you ahead of time so no you don't have the permission to do that but Caleb will have whatever he gets in terms of ad revenue to help meet his bills while he works his job and it helps alleviate some of those things that plague people while they're trying to learn which is I need to make money real fast because you can't force being profitable you can't do it folks you absolutely cannot do it and I said this in my mentorship to my students I said listen one of the best things you can do is create another stream of income. And I gave them permission that, hey, look, if you want to go out and live stream, not teach, that was when I was doing the mentorship.
Go out and show on a live stream and monetize it that your development is here. Here's what I'm trying to do. I'm trying to be profitable and I'm going to trade the Forex market or I'm going to trade, you know, futures or whatever it is. You know, some of them trade crypto. I don't.
like crypto but it is what it is the uh by the way did you hear about crypto or trump came out and said he was going to make uh america like the hub for bitcoin all of a sudden bitcoin fell out of bed that's interesting isn't it but anyway i encourage my students to live stream to get a secondary income because that passive secondary income can be a way of maneuvering you the fear and anxiety away from you needing to be perfect in your traits, which is absolutely toxic. Absolutely toxic. You cannot have that mindset as a trader. You can't do that. You have to invite the opportunity for you to be wrong.
And it doesn't sound productive. It sounds counterintuitive to say, okay, I invite myself. To be incorrect about what my assumptions are about the price action right now and when I go into a trade When you go into a trade as soon as you enter that trade you've completely given the responsibility of the outcome to the market You don't have any assurity that your stock loss is going to get you out at that price. You don't have that promise That guarantee the market could happen, especially in the conditions we have right now where a bomb a war can break out in an undisclosed location, boom, unexpected events, bang, you have a huge gap.
And it could gap way beyond what your stop loss is. And guess what, folks, that risk is always there. That's why every brokerage firm makes you sign these risk disclosures, because that's what can happen. And when it happens, you want to sue the brokerage company.
You want to sue this one and sue that one because the unexpected happened. And for individuals that trade with extreme leverage that would never do that with a real account, but they are doing it with their funded account because all they got to do is pay the reset or they get free, free resets because they're having an affiliate program with one of these companies. It kind of promotes the wrong, wrong idea.
Okay. It doesn't matter how many times you can show that you did something right here, but you're constantly restarting these new accounts. If you're an influencer and you keep doing that, you're actually having a detrimental impact on your viewership because knowing that people have selective vision and selective hearing, they're attracted to when it's right and when it makes money. So therefore, I want to be like this person because look what they just made. But if you're not disclosing the entirety behind everything, and I just blew 25 accounts.
or I just had to reset 16 accounts because every one of them just got blew out, it kind of defeats the whole premise behind what is it you're doing following them, except for just entertainment value. So I'm trying not to be anything but straight nuts and bolts. This is what you're supposed to be focusing on. But if I don't lay the groundwork initially on the first discussion here in the first 20 minutes or so, you won't know what we're doing.
and you'll just be watching for something and anticipating or trying to predict what it is I'm going to say next, and that's not going to be helpful to you. In fact, it'll probably be very frustrating for you, and you'll either turn off and go watch the usual suspects on live streaming, or you'll just walk away and you'll do nothing with it. And maybe you'll come back to this live stream at a later time.
but you'll still have this bitter taste in your mouth, and you won't be willing to write down the things I'm talking about. And preparing yourself. You have to absolutely prepare yourself to learn properly.
And if you don't have that mindset going in, everything you do, everything you focus on will be the wrong things. They'll all be doing things that are moving towards... consistently profitable, that's the number one goal, whether it be learning from me or learning from anyone else. It's not a task that is outside your grasp.
Right now, it might be because you're brand new. But if you do the things that I'm going to suggest to my son, and he doesn't rush, he doesn't rush to go and try to pass a combine, he doesn't rush to get a payout, he doesn't try to trade every single fluctuation in price, He doesn't try to do everything that I've made available to all of you, which is what most of my students try to do. They all dabble too much. And if you simply go through this simple question and answer for yourself right now, are you someone now, if you're not paying attention right now, you're distracted.
You're going to miss it. But the type of person you are right now, are you someone if someone says to you I don't think this is possible and it doesn't necessarily be trading. I don't think this is possible or I don't think that you can do that. Are you someone that says they're probably right?
Or I'm going to show this person they're wrong and I'm going to show them 12 ways that why they're wrong. And I'm going to do beyond what they thought I said I was going to do or I could do. And they said I couldn't do. I'm going to do more than that.
okay, because right now we're going to divide you all as an audience, because either you're going to be someone that's going to be influenced and held back by someone else's opinion or suggestion on you, or maybe you've watched someone else receive criticism, okay, you've watched other people receive criticism, and then you somehow latch on to that, like it was told to you, and you feel emotional about it. and you have a psychological response and it was never directed to you, but you personify it and personalize it to yourself. That's very telling.
That is a barrier for you as a trader. You may not realize it right now, but Friday I'm going to cover the contrast of all that. You may not know the answers to these things right now today because you want to think about what I'm going to tell you. And you all want to be able to say, yeah, I want to be the guy or gal that says, If you can't do this, I'm going to prove it to them, and I'm going to do this and do that. Chances are every male listening is probably going to be wanting to do that.
But in honesty, all of you aren't really like that. You're influenced by other people's opinion, and it makes you feel unsure about yourself. It may be causing anxiety.
It may feel embarrassment. You may feel like you don't feel like you're going to do well because of someone else's opinion about you. or you have that spark, that inspiration, that, well, kicking the hinder parts, if you will, to now do something because it's a challenge that's been laid in your hands. It's like, now, this is what it's like for me when I listen to other people. When they say, this can't be done, or no one can do that.
I am the person, my personality is, is you tell me that that can't be done or that I can't do something. I immediately, my mind immediately switches on. I'm in predator mode.
Like I'm in there looking for every. Way to come back at them and say this is how you're wrong And you were wrong here and you were wrong here and you were wrong there and you were wrong there here there everywhere And I want to bury them in it. That's my mentality and that's not a strength. That's just how I interact with outside influences and That stems from a childhood That I had no control over the factors and environments that I was left in, which were dangerous and they were hostile.
So as an adult, now I seek control all the time. I am a control freak. Everything and every aspect of my life, I have to have control over. If I don't have any control over it, I have no interest in it. That's my disposition.
That's how I am. You may not be that way. You may be very, very passive. And you may be very...
Lethargic in terms of responding to things that are met as a challenge towards you. And you may be using that very perception about the marketplace. And that's your hindrance.
That's the barrier that you have to. If you have that mentality, you're going to have to break through that. And it's not going to be easy for you because what you're seeing is.
Most people fail doing this. Most people are not consistent. Most people can't even determine where the market's going to go, let alone get in it without having stopped out or met its risk appropriately. That's the majority. That's the truth about this industry.
Very, very, very few people can do this consistently. And you know this, but you're still willing to watch videos. You're still willing to try to practice and dabble because you're waiting for some kind of magical thing to occur where it just clicks for you. With no real effort, with no real study, with no real logging and journaling, you think it's just going to happen for you.
That's not realistic. So part of this mentorship will be using the tools and resources of journaling properly. But what is it you're supposed to be journaling anyway? Because if you don't know what you're doing, you don't know where the market's going to go next, because you don't know bias, you don't know profiling, you don't know... Session characteristics, day of week characteristics, seasonal tendencies, all those things.
I'm going to present it in a nice, neat little package, but it cannot be done in one video. I don't care how many people go on YouTube and try to say, I watched all of ICT's videos, and now I'm going to show you in five minutes how you can do it, and you don't have to do that. I promise you, okay?
Here it is, $500,000. Okay. Go out there. You don't know what you're doing right now. Go out there and watch the one, the five minute trainer YouTubers.
Okay. And you got four weeks to pass a combine and make a hundred thousand dollars by the end of the year. If you can prove that I will give you 500,000 dollars.
I will drive to your location as long as you're in the States. I will drive because I don't fly. I'll drive to your place and you can live stream me, live stream me, giving you a 500,000 dollar bank check.
Okay. That stuff doesn't work folks. You're going to have to put some real effort into it. You can't condense it.
You can't reduce it down. Okay? And a lot of people don't realize what I just did.
I just made a lot of those guys mad. And now they're all going to really do their little micro-mentorships. And really what that does is going to bring more traction back to this mentorship. Because they're going to work for free. But anyway.
See that? Everything's predetermined. He's maniacal. He's a mastermind.
He's diabolical. Anyway. The very first step is for you to determine where you are mentally. and then determine ahead of time preparing yourself what adversities are going to be in front of you. For the folks that are saying, okay, you say I can't do this, or someone else is saying that you can't do this, you're going to go at it 100 mile an hour.
That's good that you have confidence in yourself, but the problem is you're going to overstep that and become overconfident. And then as soon as you're met with that first adversity, it's going to really hold you down, and it's going to cause you to second guess. the next step of stepping out there in faith and determining what it is that you're trying to do or practicing.
And then what you'd end up doing is the initial strength is I'm strong, I'm confident, and nobody's going to tell me I can't do it. I'm going to do it better than I would have done it if they would just invited me to do it casually. But now because they said I couldn't do it, I'm going to do a superhuman Olympic feat of it. And by doing that, what you end up doing is you increase the level of adversity, the difficulty. You put a time limit on it, which is the worst thing in the world to do.
You absolutely put a time limit on how fast you should learn how to do something. As soon as someone starts telling you, I'm going to teach you how to do ICT or anything else in this number of days. Absolutely, I promise you, they are full of grade A manure. They're lying to you.
That's clicks for money. They want you to either buy something they're gonna upsell to you later on, or they want you to keep watching their videos that are not gonna help you. They may be entertaining, but they're not gonna supercharge your understanding. They're not gonna make you faster at learning it, okay? The only thing they're doing is trying to capitalize on a market that's huge right now, which is TikTok mentality.
10 second, 15 second, 30 second time span of attention span. And I have no patience for anyone, zero patience for anyone as a student that thinks like that. I broom them quickly. I get them out of my face.
I don't want to have any interaction with them because you're absolutely lazy. You're absolutely lazy. You want it easy. You want it real fast and you have unrealistic expectations.
And anyone that has common sense will tell you that that is someone that will not. be successful period end of story if you don't want to warm up the idea to have to do this properly and understand really understand that's what mentorship is understanding how you're going to most likely interact with the marketplace what's a reasonable response to you for you feeling this way or that way should the market produce an outcome that was either favorable or not favorable for you how are you going to interact with Let's say the first time you sit down and you try to test something and it takes off and runs like 150 handles in the NASDAQ. What's that going to feel like for you? You're going to feel ecstatic. You're going to be excited.
And you're going to feel like, wow, this is a whole lot easier than I thought. And that's wrong. But see, that's the problem with these 20-year-olds that teach.
They want you to have the emotional stimuli. Because that emotional stimuli gives you a rush. It's dopamine. It gives you that physical, feel-good, butterfly moment that does not last.
It will not last. Ten minutes later, you're not buzzing by that right call that you made, that demo trade that you made, or that you just passed your combine. You all think that I've got to get my combine passed, and then I can start trading on an account where I can make profitable trades.
So you're willing to do everything and anything just to gamble to get it passed. And then once you get there, you think it's going to be easy. When it becomes extremely much more difficult, because now you don't want to lose that past funded account.
And every candlestick looks like a foreign language to you. Even if you understand certain elements of reading price action, it will look completely different. You won't feel comfortable pushing a button because now you're thinking, if I get in right here, what if it goes down to here? Or what if it goes to this high here? Where do I put my stock loss?
I don't want to get stopped out, but I got to use a stop. And see, what are you doing? You're trying to protect yourself from a losing trade because that losing trade, even if it's small in denomination, if it's small in amount of really dollar risk. The lasting impact and the depth of how far it digs into your backside, it's monstrous because you're creating a demon.
You're manifesting your worst adversary because you didn't do everything that I'm suggesting as a starting point right now. It prepares you for this. What do you think basic training is for when people go to the military? It's to get the person physically fit. Get them introduced to constant disruption, constant mental fatigue, so that way they're not shell-shocked when they get out on the battlefield and freeze up.
They're used to being treated like trash, worked out, fatigued, run them, work them hard, talk down to them. There's no hope. There's no hope while you're in basic training.
Well, this is what this is like here. This is basic training. I'm not going to sugarcoat it for you millennials. I'm not going to be nice to you and say, honey, it's going to be okay. Let me hold you.
Let me hold you close and coddle you. ICT's got you, baby. ICT's got you.
It's okay. It's okay. That's not what this is.
You want to learn how to trade? You want to be consistently profitable? ICT's not going to be rubbing your shoulders for you, okay, and powdering your ass when the market's in front of you and you're ready to take a trade and it's all on you. I'm not going to be there.
You have to be able to do this on your own. You have to be able to do this. absolutely isolated. You have to be an island unto yourself. When everybody else is on social media saying they want to do one thing or the other...
And you look at your model saying, I don't see that. You got to be completely comfortable with that. Not for the basis of just simply being a contrarian alone, but for the basis of, okay, I understand what I'm looking for.
And this is just further confirmation that the herd of sheep out there are expecting this. So I know I have a lead pipe sense trade now because every time Dick and Harry out there is wanting the market to go to this level or this direction. And here I am sitting confidently. Waiting for a setup that's completely diametrically opposed to what they expect That's one of the things that I take great comfort in watching live streamers because sometimes they get it, right? That's fine most of the time they aren't and the times that I'm looking for something before I even start looking at their live stream if it's Opposed to what I'm expecting.
It's a dead deal. It's over. I know I'm I know I'm I'm on I'm over the target I know I'm right And that's not the goal here, but I know I'm going to use the maximum leverage.
So whatever my maximum leverage would be for that individual asset class or that market, I would be comfortable doing that. But initially, when you first want to do this, you want to be trading. Listen, folks, I know this is going to be unpopular, but you want to be trading with a micro.
Just because that funded account says I can trade five contracts of the NASDAQ. with $3,000 of a cushion. I want you to hear this, okay?
And I mean this sincerely, and I'm not trying to be funny about it, but if you're trading more than one contract of a micro with 3,000 cushion, and you're not consistently profitable, and you don't know what you're doing, you're absolutely gambling, and gamblers don't last long. You can gamble. There's a lot of people over the years with all these funded account companies.
I've had students that's done this too. Paid mentorship students that have gone through it. They passed combines. They got paid out and then they lost it.
And then it completely undid them and they can't get it back and they can't pass another combine. What happened? Did the concept stop working?
Did they change the algorithm? No. Now they have mental baggage. They have scar tissue.
And now the lessons I taught in those Twitter spaces over the last couple of years, and now I'm not on Twitter, the depths of where I was trying to take you, a lot of you haven't gone to those places yet in your trading. So the lessons just went right over your head. It doesn't apply to me. But for anyone that has actually tried to trade with real money or had a live account or a funded account and has.
taken withdrawals from the marketplace and then they lost it now those Twitter spaces now those talking points those lectures like we're doing right here they are much more meaningful and they're impactful and they are helpful but we have a millennial that wants to go out here and say look man this guy's full of crap you know he's he's he's talking too much he ain't done anything he ain't pushing any buttons how am I gonna learn from somebody like that I need somebody to go show me what to do so I can copy them that's me learning you No, that's not you learning. That's how you grow codependent. And I don't want any of you to be codependent. I want you to be able to walk out there and say, this is what I see potentially unfolding in the marketplace today. So I'm going to build an idea on how the market may, in fact, set this up.
And if I understand that this is where it's likely to go, and what I mean by that is, where's the draw on liquidity? Where's the market likely to go? What are we looking for?
in terms of potential expectations and where the market could trade to. And that could be something like this. We go to, we have relative equal highs right here.
Okay. Very simple, smooth price level. The market's gone down a lot.
Several thousand handles. Okay. We had a huge gap. New week opening gap here. So where we settled on Friday.
and where we opened on Sunday at six o'clock last night, Eastern time in the States, that new week opening gap, that's a draw on liquidity. But we don't need it to trade all the way up to there. So where is the low hanging fruit objectives for just short-term bias? This is what I'm teaching you, Caleb, initially.
I want you to think about where the market could draw to right now, where it could go to next. and what that does is it gives you something to focus on and it also gives you a way of measuring every individual candles formation and what your expectation is as it's forming and what the next candles should do and how they behave and what it feels like for you when you do this. Because whether you want to admit it or not, when you're first starting, the majority of your time is going to be spent in uncertainty, in times of confusion.
It's going to be fearful. It's going to be well, it's going to feel very anxious. You'll feel anxious. You may even start feeling body symptoms of tinglingness, lightheadedness, feel like you're going to get sick.
And you may still only be in a demo because what you're doing is you're elevating the outcome to a level that is not expected. You don't need to put that much pressure on you. In fact, if that's how you're thinking, it's normal for you to feel that when you first start trading with a real account.
That's a normal thing, but there's no way around it. There's no way around that first trade with real money. That fear and that anxiety is something you just have to engage it. And that's why I say as soon as you get a live account, first thing you should do is flip a quarter, lowest leverage.
If it's tails, you buy it. If it's heads, you sell short or vice versa. And you do the smallest leverage.
put a 15 point stop on it and just let it happen to you and get it break the ice and let it go but see a lot of you if not all of you you you want your first trade to be a winner because you think it's a jinx okay it's somehow an invitation for failure if your first trade with your real account loses money like that somehow defines your entire career it doesn't it's just one transaction but the way you overcome that is spending time you without pushing a button studying where price can go and that's this we have this short-term high here post 830 meaning after we had 830 right here we have 836 so the market went below these relative equal lows so any liquidity below that they disrupted that and then took it above this short-term high took it above this short-term high and traded right inside this fair value gap right there So when you're watching price, Caleb, you're looking for how the market maneuvers and trades and books between obvious price levels with old highs, old lows, and inefficiencies. They're the only two things you're worried about. You're not trying to predict a direction on the day. You're not trying to be right about 50 handle runs. You're just studying, observing.
Okay. This down close candle here after taking out the liquidity. And then we have displacement here. Displacement is where the market runs against a pre-session, pre-day, pre- trend or price swing direction.
In other words, it's a counter move to what's already been in play. So the market has dropped here and then we moved aggressively above the short-term high. This high being traded above there, we go back down to this down-closed candle.
That down-closed candle is a order block. We have displacement, it took liquidity, and the market has been one directional. Now what makes that an order block? specifically is that it has happened post 830. Now it could have formed right at 830 because 830, the algorithm will start spooling for liquidity or inefficiencies, one or the other.
Now, in the beginning, you're going to want to know, because you're probably asking right now, can you just tell us what it's going to reach for? Is it going to go for an old high or old low, or is it going to go for a fair value gap above or below? Both. It's going to go for both. Is that complicated?
No. Now, to further strip away the complication you're adding to it right now, you're bringing all these things. But what if it's a COT?
I didn't say anything about a COT. Yeah, but what happens if the... Did I say anything about those things that you're thinking right now?
No, they're not important. The only thing we're doing is we're sitting down at a time, a time when the market is... predisposed, that means it's most likely going to do this and it will do it unless some unexpected event where manual intervention steps in And you don't know, and I don't know, when that's going to happen.
What does it look like when the market just starts going, and it starts going one direction, and it doesn't stop? It doesn't go up a little bit, come back a little bit, up a little bit, come back a little bit. That's market standard delivery.
Intervention is, think like FOMC. Think like CPI. Think like non-farm payroll.
Where if you're wrong, if you're offside, right when it hits the market, you're dead. That's what manual intervention looks like. There are many times untradeable. It takes off so fast, you reasonably no, not reasonably. It's unreasonable for you to assume that you can trade that once it starts because you're literally chasing the wind.
and you're never going to catch it. You're just going to frustrate yourself and get placed very poorly, and you're going to be in a trade that's going to be highly anxious and stressful. And that's not trading.
That's gambling. So when we look at individual setups like this, you want to sit down in front of the marketplace right before 8.30, preferably at 8 o'clock. And you want to look at where the highs and the lows are in deference to the one-minute chart and the 15-minute time frame.
So I'm going to change this chart over here to 15. So here's what 15 minutes looks like here. And if you look at where we came from, see this high at 7 o'clock in the morning? That's this high right there.
See it on the right chart? So this chart, this larger chart here is the one-minute and this is the 15-minute time frame. 15, One minute. Those are your first three timeframes to worry about.
OK, I shouldn't say worry because it's kind of like gives you a subconscious concern that you need to worry about it. You don't need to worry about it. But the levels and inefficiencies on the 15 minute timeframe, the five minute timeframe and the one minute timeframe.
If you're brand new, you don't know how to trade ICT. You don't have trade price action. You don't have trade period. OK, you don't need any other timeframe.
Okay, you don't need anything else. You don't need a daily chart. You don't need an hourly chart You don't need a 31 minute chart. You don't need a 17 minute chart.
You don't need a 15 second chart You don't need anything below a 1 minute chart. You don't need anything else to do what I'm gonna teach you Okay, this is what you're doing You're studying price at specific times of the day if you're not writing this part down you're blowing it already So between 8 o'clock and 830 in the morning, New York local time or Eastern Standard Time In the US everything I mentioned in terms of time if it's the time That matches New York local time so set o'clock if you have your smartphone, there's a way that you can pull up world time and Put one in there for New York and you'll always know What time I see T saying to look for these things to happen because they're never gonna not be there Write that down again. Okay and underline it This is always absolutely without fail. It's never not going to do it.
It's always every single effing day it's going to do this very thing. It's going to do it. It's going to absolutely do it.
Because there is an algorithm. And it does this to spur on emotional interest or tangible orders that are actually sitting out there. Real orders that are sitting above and below or inside of inefficiencies. where the market needs to offer fair value to the marketplace. So what is it reaching for?
It's reaching for old highs, old lows, and inefficiencies. That's the fair value gap. Sibby, Bissy, that thing.
So once we know that the market is likely to do these things, that's a characteristic. It's an algorithmic characteristic. You don't need anything else besides this element as a... foundation to what you're trying to trade and you can make all the money you'd ever want I'm gonna say that again in case you missed it you're trying to find right now you want the daily bias and you want to be able to buy below the open and hold for the whole entire day but are you really doing those things when you try to trade no as soon as you get ten handles or ten pips or whatever you start struggling with holding on to the trade you're paranoid that winning trade that you just found out just fell into your lap. Oh, my goodness.
I'm winning. This is something new. I need to secure this.
But then you're thinking, oh, wait a minute, I'm supposed to be holding for the daily range. And then you're wrestling. And that becomes a real hard wrestling match, doesn't it?
It makes you feel nauseous. And if anybody tries to talk to you, even if they love you, your spouse, your girlfriend, your boyfriend, your child, your dog comes over and nuzzles up next to you. Any other time you're like, oh, this time, get away from me. Can't you see I'm trying to worry about this 10-pip handles move?
The weight of the world is on my shoulders right now, and you're coming at me with this? You know what it means. You're stressing out.
Why? Why would you have that response? Folks listening to headphones are like, oh, man, this guy.
You're awake now, aren't you? But that's the reality. That's what it's like.
And you'll feel it if you've never been there. You'll feel it. But the reason why you feel that is because you don't know what you're doing.
You haven't done this part long enough where you're completely desensitized to, okay, I'm doing this exercise to get comfortable with anticipating price moves. I'm getting comfortable with not knowing when it's going to do next candle, this candle, five candles from now, but I think it's going to draw to specific price levels. So if it clears that short-term low we talked about, what's it going to reach into? We have this inefficiency here.
How long does it take to do that? And then you record, you screenshot this, and you say, okay, well, it took one, two, three, four, five, six candles from this volume imbalance to run above this short-term high and get into this SIBI. which is a sell sign of balance buy sign of efficiency a fair value gap that has a down close is a cibi okay a fair value gap that has a up close is a busy buy side of sales sign efficiency so what you're doing is you're measuring because you have zero baseline experience you have no continuity in what it is you're reaching for looking for in price action and you study how long it took and you record that many this many minutes And you also are honestly going to record in your journal within the screenshot, like maybe over here or somewhere over here, you're going to record what it felt for you physically.
Were you anxious? Did you second guess that it was going to run there? Did you feel excited the entire time?
Were you impatient that you thought it should have moved there sooner and faster? Did certain candle formations cause you to doubt it? Did you have a point at which you thought that it was given another opportunity to trade to, or not trade to, but offer another entry, like say, for instance, if you wanted a pyramid. Pyramiding should not be part of your repertoire yet.
That's something that you need to be doing maybe a year after trading with one contract. Oh, come on. You want to learn how to do it correctly, this is the way you do it.
There's all kinds of time and opportunity for pyramided trades. but you first have to get good at trading with one micro contract one micro contract because what that does is it removes hopefully this is the only thing you can do to fend off the greed and fear you can't blow the account if you trade with one micro and you only take one trade a day you can't it's physically impossible for you to go out there on day one and blow the account. See, that's what your subconscious is fearful of.
I don't want to blow the account. I don't want to have a big losing trade. I don't want to go into big drawdown.
Okay, that's easy. Don't over-leverage your account and don't take more than one trade a day. But ICT, but ICT nothing. If you want to be able to do it correctly, you have to do things with a process. There has to be a logic behind it.
There has to be some measure of rule-based thinking, and then you have to adhere to that. If you don't want to adhere to rules, I promise you, you're going to lose, you're going to fail, and you're going to blame me, you're going to blame everybody else, you're going to blame the prop firm, you're going to blame the brokerage firm, you're going to blame everything but you. I know this because I did the same thing as a 20-year-old.
I did the same thing numerous times. I have students that repeat the same thing they send me hate mail years ago oh you you didn't teach me right this blah blah blah and then later on they went through it properly and then they send me emails apologizing it was a mistake on my part ICT, I didn't listen. I went back and re-listened to it all and I made all the mistakes you said I was going to make if I didn't listen and just plunged ahead and did what I wanted to do. Now I did it the right way. I listened to what you were expecting in terms of a properly mindset student that follows the rules and accepts the diversities initially that are normal.
They're all normal growing pains. But see, you're trying to be the exception. You don't want it to happen to you. You think it's going to be... candy bars and milkshakes and just everything sweet and lovely and butterflies are going to come land on your hand and everything's kumbaya no no no no no no as soon as you push the button you're asking the shark to take a leg off you're asking that lion to take your face off you're inviting it that's what it is as soon as you enter these markets you've entered the jungle You've entered the deep waters and honey, everybody's hungry.
And if you offer it up on a silver platter, they're going to take it and eat it. And you can't be upset about it. That's the currency here.
Yours or mine. Mine or yours. That's it.
It doesn't matter how anybody else trades. It's are you liquidity right now? Are you liquidity?
Because if you're liquidity, you're lunch. I go in and I'm looking for lunch. I'm looking for the liquidity.
I'm looking for reasons why the market will trade to this level. Why it could potentially trade to this level. But I don't need it to trade, for instance.
This is the draw on liquidity. Draw on liquidity is just a initial reasonable. assumption on our part to determine a directional move that could unfold.
It does not mean and it does not define the absolute terminus to a price run or the be-all end-all target. In plainer terms, the market's probably going to keep moving until it gets to this level. It doesn't mean that it can't have retracements lower. It doesn't mean that it can't make a lower low than it's done here. Highly unlikely.
But it's still an initial idea. So when you're first trying to learn how to read these markets, when you're first trying to determine where the market's likely to go, you have to strip away everything that you're trying to force into reading every single individual candlestick. And if you watch a lot of my videos or if you have a lot of notes or you've dabbled in things, chances are you probably already have a pet technique that you want to be yours.
And you may not even be good at using it yet, but... You just want it because it has a cool name, like a Reaper Fair Value Gap. You know, when I taught that to my private mentorship, they're like, oh, man, that's going to be my thing.
That's going to be it for me, you know, or Event Horizon, which is the midpoint between two new week opening gaps or new day opening gaps. And because of the names, OK, these names are meaningful to me. They're not meant to inspire you to want to do them over another. It's just that's what I named them. I got 81 of these things.
So it's a way for me to keep track of what its purpose was. And or it kind of puts a little stamp of when I discovered it and something had an impact on me. And it was a cool name or inspiration to it.
So when we're looking at price. As you as a brand new student not knowing what to do you want to make this kind of like a game and a discovery Something fun not a video game. Okay, but it's a game of determining Does it have what it takes to move?
To these highs here a way of saying it to yourself. That's very disarming. It's okay.
I see how this is smooth these two highs are relatively equal. That looks like a real nice, obvious flat space in price. We don't see that same flatness down here.
You see that? So in other words, if you had a shark, if you had two sharks, rather, you have two sharks in front of you. One has had its teeth removed.
Well, that would be represented something like this. This is the shark with no teeth. It's basically got gums.
There's no teeth there. Down here, there has been a shark attack. How do we know that?
Because we can see the wounds from the teeth. The jaggedness. The jaggedness.
The jaggedness. and now it's gone to another frenzy or feeding. Where is that? Well, we've just created one.
We have this high here that's really close to this one. You see that? So you observe price action, and you're looking for areas that look real smooth and safe, where they say peace and safety, sudden destruction comes upon them. Anytime that you're looking at price action, and it doesn't matter what time frame you're looking at, If you're looking at it through the lens of a second chart, sub one minute, or a weekly chart, or a monthly chart, or a quarterly chart where it's three months of data compressed in to make the candlesticks, it does not matter.
This principle is always true. The market will go to an area of smoothness for the purpose of disrupting any orders that would be resting above or below it. We've already mentioned down here. Let me show you. Now, don't be discouraged if you can't watch this stuff real time and see it or outline it in advance.
It's okay for you to come home from work and look at your charts after the fact and go back and look at this and study it as if you have, obviously, the benefit of it. hindsight initially. But you don't want to stay in that very long. So you're going to have to procure yourself some instruments that will allow you to watch price action, not with market replay.
Look, I am not a fan of market replay. I absolutely loathe it. I hate it. I can't stand it.
And I wish it wasn't available. I wish it wasn't even available to anyone else. Because it's a crutch that allows frauds to be able to sound like they're smart and teach something because it's already happened.
If you can do it over live price action, not just once in a while, but continuously, and your audience or viewership can see this, then you have earned the right to have a voice. And then people should have no problems sitting and listening to you lecture and talk about what you think is likely to occur. because you have a sound basis or foundation to what it is that you're talking about.
And therefore, because you have a tracker being able to talk about before it happens, it removes the anxiety that is reasonable for everyone to have when they first sit down and listen. But when you as the student, and you don't have the ability to watch it live because you have a job or you're in university, or you sleep, like you have to sleep, right? And your place in the world... in your general geographic location may not be conducive for you to trade at 8.30 in the morning New York local time. You may have to trade in the London session.
And yes, Virginia, I will be up during the London session doing one of these or two of these lectures in a week or two, okay? So we're not focusing on one specific time of the day. And I'll come back to that section where I'll send you right down the times of the day in a moment, but. when we're looking at initially, you don't have to see this real time to get a collection of screenshots for your journal. But if you don't do this and journal and screenshot and annotate your chart and study how long price runs took place, how many candles did it take to move there, was there any kind of formation in the price delivery that would have caused you to not trust it unfolding.
Now, that's going to be very hard for you to do because initially, especially the men, they're always going to say, no, I would have never second-guessed it. It would have been easy for me to hold on to that. And the same people, when they get into a trade, if they ever were to do it in front of you, they don't have any conviction, and they're going to bail out on the trade.
Okay, I've got to get out of this. I can't stand the pressure. It's moved five handles. But they call 30 handles or 50 handles above or below, and they get out of five handles because the pressure of... It not doing what they expected to do and then realizing a loss in front of someone, that's a lot more pressure for them, and they don't want to have that.
So what's more important, their image or them following a model that they have seen works and have trusted and did the back testing and they have the data behind it? Their image. And that's not someone you should learn from.
I'm just tossing that out there. So what we're looking for always. The first thing that you're looking for, Caleb, is where is the market smooth on the 15, the 5, and the 1-minute chart? Is that complicated? Nope, it's not complicated at all.
It's real simple. What does it look like to be smooth? Well, when you have price levels that create highs like this swing high here and this swing high here, they're real close to one another. See that? When you're looking for relative equal highs, here's your secret weapon for it, okay?
How do you know it's a high probability relative equal high that's likely to get swept or traded through? How do you know that ICT? What differentiates that from any other?
Okay, it's this. If you have two swing highs, if the one to the left is slightly higher than the right, you have a very, very high probability that they're going to want to take it above there. Just like you see here. We have a high, and then the swing here happens to be just a little bit lower than that. But here's what's going on.
This is called priming. Priming is where you continuously... create, inspire, or manipulate the expectations of a large number of investors.
And they think, oh, it's going to go through that high. But then there's a lot of folks that don't want to see it go there because they went short. So when the market goes up here and stops and turns down, what that does is it creates a sympathetic sigh.
The shorts are relaxing. If the shorts are relaxing, what are they saying? They're saying that this is now what? Resistance. So anyone that takes a new short position, where are they going to think that the safest place to put their stop loss is going to be?
Right above these highs. Why can we trust that they're likely to take that relative equal high out? Not that it will that session that you're trading, but it's high probability that this will be swept when the second or the one to the right that swing high is lower than the one to the left. It frames these two as relatively equal. Same thing is occurring here.
We have this high here, this high here, this one being slightly lower than that one. So when the market went up like this and we had this drop down, what that causes is a sympathetic sigh. What is that causing people? Anyone that went short here, they feel like, okay.
that's scary because it almost went that high where their stop loss would be if they're trying to go short in this area see that so what do you think it looks like when we have relative equal lows what would be a high probability relative equal low that the market is likely to draw down and go below it would be a low so that has a slightly higher low. In common terms, it's referred as a failure swing. Okay? So a failure swing, now a lot of people say, oh, see, he's just reinventing. No.
See, what you, you're trying to trade that. That's what a failure swing is. When you're trying to trade, you know, long or short on that second pass that doesn't take out the low or take out a previous high. That's selling short a fairy swing. Okay.
What I'm teaching you is, is how to identify in, in price action, where the algorithm will refer back to and why, what are the, what are the, the central tenants as to what the algorithm is referring to at a specific time of day, most important. And then it refers back to these because, okay, it sees this high based on time. And then the higher prior to that one is here.
So it's very simple for the algorithm to call that information as an array and say, okay, this high was at this time, and this high was higher than prior to it. And they're in close proximity. What's the filter? I'm not going to tell you that, but it's not very much in terms of difference between the price.
And when you have that element, the market will invariably start marching back to those levels. It does not matter. Listen, folks, it does not matter how many buyers are buying the market to go up there and how many short sellers. The proof of it is just look at a depth of market.
Look at a ladder, a dom, not a dome. I'm so tired of hearing people go, it's not a dome. Do you see an E at the end of that? It's D-O-M.
It's a dom, depth of market. Look at those orders. there's no imbalances there there's no imbalances there's just as many short orders below the market is there as above but yet the market will still march and march and march and march and go to the beat of the drum that I tell you it does. It reaches to these levels because it's coded to do this.
And if you do this for a couple weeks, you're going to see, oh, wow, yeah, this feels artificial. It feels like it's designed to do these types of things because it tends to repeat every single day at specific times of the day. It will do this.
Now let me go back to the times element. every day between 8 o'clock in the morning, this is always New York local time, okay? So it's very important you remember that because I have new people coming all the time.
And they'll say, I looked at this chart here and you told me, yeah, but you're looking at it in Bangladesh time, okay? I don't live in Bangladesh. I'm on the east coast of the United States and the algorithm is on New York local time. I don't care what anybody else tells you, okay? That's what it's on, period.
End of story. You can wrestle with it if you want, but that's just the way it is. Between 8 o'clock and 8.30 in the morning, you want to sit down and determine where are the smooth locations in price action on the 15-minute, the 5-minute, and the 1-minute. We've had the 15-minute on. Let's go down to a 5. So right away, you can see that this high here is relative to that one.
And this one here also. with that this one being slightly higher than that one so there's a lot of liquidity that's sitting at 17 820.75 now real important it does not mean that it has to happen during that session it does not mean that and that is the underlying risk that you assume every single time you take a trade you're looking for things that are going to stack the odds of probability in your favor It does not mean it's an absolute guaranteed outcome. See, I have students that literally take the time and waste their time in writing me an email.
Sometimes they're like novels or novellas. And usually it's like three paragraphs of congratulating me and worship and whatever. And I don't like that. And usually when I get that kind of stuff, I immediately just push the email away.
I don't want you looking up to me. I don't want you worshiping me. I'm not the greatest of all time. I'm not the GOAT. I'm not none of those things.
I'm just a guy that has a whole bunch of information and experience, and I want to share it with you, and I want to see what you do with it. But these individuals will say, you know, I need you to tell me how to make sure that I don't have this wrong. I only want to take this pattern, so how do I avoid taking losing trades with an inversion fair value guy or a mitigation block?
Or the breaker. How do I know if it's a breaker or if it's a shift in market structure? Well, that's easy. You have to have a higher timeframe premise and a directional draw where the market's going to go. And if you think it's going to go higher, when you see the market creating a short-term turn, well, I'll give you an example right here.
We have the relative equal lows here, and the market drops. You see that? So this drop down here, every up-close candle on this time frame, all of this right here, that is your breaker. The most sensitive candle or range is going to be the last up-close candle. Look at it like this.
That's this range low and see where the body stopped right there. We wick through it. I'm not denying that, but the damage is always done by the wick.
The range high there That is your bullish breaker But the range here from that up close candle that starts all these consecutive up close candles all of that is Technically the bullish breaker, but the most sensitivity is going to be seen in that last up close candle that is not supply and demand That's not supply and demand zone. Sam Seiden would never, ever, ever refer to what I just said. He would never do that. And he would never consider that anyway because we're cutting through candles because we're looking at what an algorithm is doing, not some floor trader, ticket runners perception of something that doesn't really exist. So the turn here at the bodies, that tells you what?
It tells you the narrative. So what is it going to do? It's going to go higher. Okay, so what at that time... would you focus on?
Well, you have this short-term high here, the inefficiency that's traded to there. We want to see it trade above it and then act as what? Support, which would be a what in the version of your value guide. To do that, what would it reach for next?
This high and this inefficiency. Does it do that? Yes. What are the bodies doing?
Stopping just at that same level here, and more specifically, and my eyes didn't notice this when I put it up here. You see that little separation? that's a volume imbalance go back and listen to the other lectures you have to include that volume imbalance when you have a fair value that whether it be this or civi you can see the bodies being encapsulated by that and now the market trades back up into that the bodies i'm sorry the bodies candlesticks are trading inside the inefficiency it wicks above it but look where the bodies are stopping and look where the bodies are over here where's liquidity at below here nothing in here this is all very balanced price delivery because it's back and forth every other candle is overlapping the highest high and the lowest low pretty much pretty much kind of like coloring it very very very good back and forth all this price action is back and forth versus then we have all these run where we have separations in here back down into that breaker there This response right here to what it's just done there, that expectation and response in how price can react to levels like that, that's a nice little scalp right there. I mean, look at it move from 515 to what, 596? That's a good run.
You can't get 20 handles out of that on a 15-second chart. You can if you know what you're looking for. Now also notice that we've created again high, lower high, high, lower high, but real close to one another. When did it form? Prior to 930. So we have 8 to 830 and then you study 9 to 930 because it's going to do what?
It's going to look and seek the liquidity or inefficiencies. So here's 930 there. Forming on the bullish breaker, it trades down, and then we have relative equal highs here.
I don't like to usually do this, but I have to do it for the sake of discussion. So we have these relative equal highs, this high and that high relative equal high, and we have this area up here. So if the market's going to do what? If it's going to make a punishing move towards the shorts.
that want to see it drop because the market has dropped early on seven o'clock in the morning okay and we have all these very clean levels what did we just do here we have a low it was traded down into it disrupted this little area in here so it's made this area jagged remember i was saying earlier where the market's real smooth over here versus what it was doing down here Where has the work been done? Meaning, if there is a group of traders that are very cannibalistic and they tend to be more correct than wrong, or if they are the ones that generally make the money more consistently than the ones that don't. In other words, think of like the World Series of Poker.
If you ever watch that, it's really fascinating to see how the long-term players that... always find themselves at the final table. They may not win, but they always find their way at the final table. That's experience and that's skill.
Well, you can see those things in price action. They're like fingerprints, okay? You can see when the cannibals come in and they devour the pygmies, they go in there and just chew them all up.
And it's where the market is made jagged price delivery. Always. It's always like this, folks. It's never not going to be hidden from you.
Okay. It's always plain sight. But see, you're so enamored by animal patterns, harmonic patterns, gimmicky named supposed retail indicators. Everybody's got a new indicator. I got one for you that's going to beat all of them.
It's the open, high, low, and close and the clock. How about that? How about that? Catch me outside. How about that?
Okay. It's simple. And all of you complain.
Not all of you, but just the asshats do. Oh, this is complicated. This is convoluted.
So-and-so teaches this so much better. Okay, I don't see so-and-so doing anything. I don't see so-and-so doing anything but using market replay and trying to convince himself everything he says after he says it.
So we had these relative equal highs swept here. See that? Case study.
Bullish breaker. to there. So how many candles did it take to do that?
You screenshot it. How many, how many handles did it run from the low to that relative equal high being taken out? And once it does that, keep the chart active with it on there, but then just make it very, very light. Well, not that light.
Make it light. So that way you can still see it, but it doesn't have all of your focus. So that way it allows you to focus on like there's a fairway gap here.
We trade it down into mid gap. which is this wick here. Since price is above it, that makes it a discount array. Consequent encroachment of that trades to it.
We want to see it run above this high here. Some of you that are trying to learn how to do this are having a blast with this because not only am I giving you things to talk about in your own journal of focus, but you're also seeing things unfold over a live chart. and you're watching on your live chart okay so this is not market replay it's not delayed data okay it's not after the fact talking narrative over a chart everything that these ass hats leave comments on in my youtube comment section you can't see but i see and getting amused by it so here's the relative equal highs there too so now same thing here you want to mute that in terms of its importance and now you want to see does it have the wherewithal to run aggressively for that 17,820.75.
Any of this seem complicated to you? It shouldn't. I already know what you're thinking. And some of you said that loud. Yeah, it's because you're saying it.
When you talk about it, it's so obvious. When you talk about it, when it's happening, I can see it when you point it out. I just can't point it out when I'm doing it.
Right. You're just learning it. You expect to be able to go out there.
Right now, if I turn this live stream off, and you're just going to just know how to do it right away because you watched me disclose one or two things in one element in the marketplace, now you're suddenly going to know how to do it? Nobody can reasonably expect to do that. You're placing too much emphasis on being fast.
I've got to learn how to do it right now because the market's going to stop working next week, next year. I thought the algorithm was supposed to stop working this year. Whatever. Get out of here. Get out of here.
The batteries don't run dead on this. When the markets are dead, then the algorithm won't work anymore. But the point is this. The very, very first thing you're doing as an undeveloped, unrefined trader, someone like my son Caleb.
Don't be offended by that, son. It is what it is. I've called you worse things. The idea is that you're looking for the smooth areas where the price is so obviously being defended.
and being presented and being offered for retail-minded trades. See, I don't look at charts. I absolutely don't look at charts and think of what retail pattern here I can use to get in sync with a price run. Look at that beautiful delivery right to that volume of balance there, which is inside encapsulated in that SIBI.
Went right to the high of that. Now, when you're looking at price, you're looking for the obvious. very, very, very smooth relative equal highs or relative equal lows.
How do you know which one they're going to go to? How do they know? I'm sorry. How do you know? How can you trust?
How do you determine which side of the marketplace it's going to reach for? Because what this is going to do, it gives you the initial building blocks to understanding bias. Oh, you didn't realize we were going there, did you?
You didn't realize with all this jaw-burning and half of you quit watching because I was talking about things that wasn't interesting. But they're coming back to the channel now or later on. They'll say, damn, it went right to where he said it was going to go.
It did exactly what he said it was going to do again and again. And it's going to do it tomorrow. And it's going to do it Wednesday. And it's going to do it Friday.
And it's going to do it next week. And it's going to do it every freaking week that I want to stay out here and do it live. Okay? That's just the way it works around here. That's the way it is.
Because... I understand what this thing's doing. And then you want to screenshot that. Okay.
So when you're looking at price action, you want to be able to determine what in this whole scheme of price delivery, what does it do in terms of resonating with you? Where would you feel confident? This is the part that a lot of my students skip over. They don't do any work with this part of it.
They ignore it. They assume that it has no bearing on them. It doesn't have any basis or placement in them. Because they want some kind of gimmicky little one, two, three, get me in the trade. Where's my stop supposed to be?
I only want a one-handle stop loss like ICT. I want to be able to do everything perfect right from step one. I don't want to have any adversities. That's not realistic because you're going to have a whole lot of adversities.
And you have to invite that. Be comfortable with it because that's where it's going to highlight. your shortcomings and your understanding and it's going to also teach you how to overcome it because once you identify what you're having an issue with wouldn't you want to know what your problems are in your relationship like if you're if you're married to a new new spouse and you genuinely love them but they haven't been forthright in telling you what your character flaws are that really get under their skin because they don't want to offend you because they don't hurt your feelings but wouldn't you want them Sincerely, wouldn't you want them to tell you in a way that doesn't hurt you, that doesn't jar you or make you feel offended that you want to go run to the bar and cheat on them?
You would love for them to say, hey, I love you. I sincerely care about you. I want us to be together. And that romance is what you want with the marketplace.
You want the market to open its arms and invite you into an embrace and feel its bosom. against yours and that tenderness and that love and acceptance that I've always been waiting for you and you're finally with me and I'm never going to let you go, honey. I'm never going to let you go.
See, that's what you want. You want that romance. But really what this is, this is a dysfunctional element of family. And what it does is it says, listen, my husband's away.
Come on over. The bed's open. And you want to go over there and romp around, okay, and find a spouse out of that type of thing. and you wonder why you end up with an STD or a broken home. That's the way it works.
But see, you think it's a love story. It's a romance. It's not.
It's a toxic relationship. And one person in this relationship has to be able to be reasonable. And at some point, the person that's reasonable has to say, you know what, this isn't healthy for me anymore. So that means I have to turn the charts off.
I need to stop following this market on this time frame right now because it's not healthy. But you can't arrive at that until you do rule-based ideas and you break things down modularly. Very simplistic.
Nothing that I did today, nothing is complex. I outlined every single thing. Go back and watch the last stream. Every single thing was in advance. and shown to you on a one-minute chart.
This would be further amplified if I was showing it to you on a 15-second chart. If you have the capabilities, I'm not saying you have to, but if you have the ability to look at a 15-second chart, study every level I've outlined here and the logic of why it was going to draw up into that 17,820.75 level. I gave you the bias before we really essentially started today. I explained to you in very, very... bland commentary, almost boring really.
It didn't seem scientific. I used analogies that I thought were very simplistic. You know, when we're looking at areas that are very smooth, contrast this area up here, how that was very very smooth. And remember these levels over here? I told you this one.
In addition, if you weren't looking at that, that's the benefit of looking at three time frames. Because if you can frame an idea of why the market's likely to draw to a high or a low or inefficiency that is completely visible on three time frames, that means you have three time frames telling you, hey, pay attention to me. And if that time frame or those time frames are in agreement with a relative equal high or a inefficiency above the marketplace, that means like something like this right here or this right here. Or this right here.
They're all stepping stones notice that They're all stepping stones inside the context in your own their own I'm sorry overall narrative that the market was going to go here when I first started the live session What's the first line I dropped on the chart? This one it was based on these two highs here. That's all it was Why did I pick this this high? Yes, you got my question finally. I've been sitting here the whole time you're talking.
Why'd you pick that high? What's the first thing I told you? The algorithm is going to go based on time. I don't care what Mickey Mouse pattern, what Mickey Mouse logic, some romper room theory that just got pulled out of somebody's backside because they want to sell some attention for clicks and views and mentorships. Unless it stems on the basis of time first.
It has to be the right time. If it's not the right time of day, it is absolutely not going to work. Period. End of story.
Put anybody as the mentor, anybody as the trader. I don't give a fuck. I tried real hard. I almost got through it. I almost got through it.
Put anybody you want in that list. Whatever they trade, however they trade, it does not work. It will fail.
stick with it long enough, you'll see it will fail more times than it will work. But why and how is it that every single time I'm sitting down with you, whether it be on a Twitter space where I was calling out the candlesticks individually before they happened, or on a live stream where I'm giving you the logic, explaining to you why it should do it, and then it just simply does it. How is that possible?
No ego. Seriously. Let's put it aside. I'm not trying to beat my chest here. I really want you, especially if you're a first-time viewer here, or maybe you come back and this is your second time watching a live stream because you expected me to do something silly today.
How is it that the market does exactly what I'm saying it's going to do? You ever think about that? How is it possible that this one single person can get it right so often?
in front of thousands of people when many of them are hoping and praying, please, please, God, let him get it right. I got to go on Twitter and brag about how you messed up today. I got to make a video exposing ICT. I need grocery bill money. You're so fun to manipulate, all you haters.
But 7 o'clock is a very key time. That starts what? The morning session.
It matters not that we're trading the Forex. or futures, the morning session, AM session, starts at 7 o'clock in the morning New York local time, okay? So you can have a model that says, I can't be in front of the charts between 8 o'clock and 8.30, and maybe you can't even trade a 9.30 opening bell for indices because you have to get ready for work, okay? But it just so happens that the time elements in your personal life and geographically located in the world...
that it allows you and affords you to look at the market between 7 o'clock and say 7 45. worst case scenario 7 30. if you're going to work with smaller time frames you absolutely can use 7 o'clock to 7 30 as a model to do this very exercise same thing so your key times are this 7 o'clock in the morning to 7 30. in that 30 minute window you're going to look for relative equal highs Relative equal lows that have happened prior to 7 o'clock Okay, and you're gonna be looking through the time frames of the 1-minute chart the 5-minute chart in the 15-minute time Now Caleb you're not expected to do anything else beyond that until I change The depth of what your focus should be Right now you're just having three charts up Since the 15 minute time frame is pretty pretty static. You only need to refer to it once in the morning and then your second chart could be the five minute chart we'll go back we want to what it is right now find the chart but then what you're doing is you're watching between seven o'clock and seven thirty or eight o'clock to eight thirty or nine to nine thirty opening bell you're looking for where is the market smooth smooth because still waters invite rocks Think about that. Remember being a kid walking and you see a pond, it's real smooth. Wow, look at that, it looks like a mirror.
You can see the sky's reflection off of it, so smooth. What's the first thing that jumped in your head? I need a rock. For what? Because you can't accept that.
Our sinful nature says we have to disrupt that. So you pick up a rock and you want to throw it out there. Why?
What's it going to do? It's going to cause ripples. That's exactly why a weak character individual in a relationship will have a beautiful relationship, a wonderful relationship, something smooth. Ain't no drama, no reason for ruckus. And what do they got to do?
They go out there and they chase some thought. You go to the bar, you pick up some floozy or some silver-tongued fox that says all the right things for her. And you invite that disruption.
Well, that's what the market does, folks. It's a dysfunctional family environment. And you have to be the one that says, not today, Satan. Not today.
Not today. I know your tricks. I know your snares.
I know how you're going to do it. Okay. So what's the market going to do? Every single session in the morning, you have three opportunities and you don't have to trade in the afternoon. You don't have to trade the London session.
You have three opportunities in the morning to set the stage for a run that will build if you don't have any understanding about bias. Okay. If you don't know what direction the market is going to move in.
When I go into other people's live streams and I say note this note that Here's the secret. I just gave to you what I do every single time I go into tons of trades When Patrick Whelan had balls and let me into his live streams and chat He won't do that now because he's gonna be paying me five hundred thousand dollars this year The whole business of anyone else. I talked to trades by Matt for like a month I told him what I was gonna do what I was looking for in private texts and he can show I gave him permission He can show you what I was expecting and he watched me do this for almost a month and I got two or three of them wrong but most of them were like bang bang bang bang and guess what I was doing folks what I just taught you here Tom Hoegaard not as much as I showed with Trades by Matt but in certain instances I showed him this is what I'm looking for I like this level so it's not like I'm not afraid to share this.
I put what I think is going to happen in the witness of other people. And they can come out and say, yeah, this guy knows what he's talking about. And they're not telling you that, are they?
I'm inviting them to prove to the world that I didn't do that. I like certain people in this industry. And the ones I like, I converse with, and I share, and I engage with. And when I go into other people's live streams and I'm helping promote them, sometimes I'll go out and I'll point to something and I'll say, watch this level. When I was on Twitter, watch this level.
I was doing this and my private mentorship never learned this. I never sat down with them, never told them that. This is a secret weapon.
It's a bazooka when a BB gun's necessary. When all you need is a match, this is a flamethrower. It's the thing that makes every playing field Even they cannot hide it from you.
They cannot hide it from you. You're never not going to be able to see it It's always there and in plain terms It's this if you can contrast one side of the marketplace against another let me let me do this in this little area down here Okay in this small little open section. I'm gonna say this I'm gonna close it because I have somewhere to be with my wife in about 20 minutes I Hope you have So if you take this moment for right now, if you learn something today and if you didn't learn something, you're a frigging liar.
OK, but if you honestly was with me this entire session and you watch me outline this and I told you why it was going to go here, what levels were key, what to focus on. And you watched it pan out and you understood and you understand now. And if you don't, I'm going to get clear for you. Give it a thumbs up, because I take that as I appreciate you spending time with us. I don't need to be doing this.
I can do this privately with Caleb. I can tell Caleb, I understand that you want to make a YouTube channel. I understand that that could make you a little bit of scratch and money.
I understand that. But no, I don't want these people to know this. I could do that. And I don't feel bad telling you that openly.
Because I've done a lot of that stuff that I don't want to share certain things. Because it's too good. Because 20-year-old kids go out there and pretend they didn't learn it from me.
And they found it on their own. and they relabel it so they can make a name for themselves. And then eventually people find out about it, and then they expose them as, dude, you're nothing more than just an ICT ripoff. And you can spare yourself all that stuff just by being honest and say, you know what? Thank you, ICT, for sharing this.
I'm going to make it mine. And this is how I use it. I got no problem with that.
I got students out there that are doing mentorships now. Okay? It's their business. It's not mine.
They're not hiding where they learned it from. And that's all I've asked for. Hey, just remember who fed you.
That's it. I'm not doing paid mentorships. I could be out here teaching this kind of stuff and more for millions of dollars a month all over again.
Folks, I don't want it. I don't want it. And if it wasn't for my son tapping me, saying, hey, dad, give me another chance to do this. I want to learn it.
I wouldn't be doing this. Have you been seeing any videos? No. I'm not worried about it. But since he wants to, I'm going to pour myself into it.
I'm going to pour everything I have into this. And I'm not fully back to myself. I'm not doing well. I've been experiencing vertigo.
I've had high blood pressure. I've had chest pains. I went rushed to the hospital. Like I had a lot of stuff going on and I'm not stressed about nothing.
It's just my body's going through something and I don't know what it is. And I don't not know how to trade. I know exactly how to trade. I know exactly what these markets are going to do any given day, even on sloppy seek and destroy days. In fact, I'm going to wait until we have one and I'm going to show you me executing in one of them.
I am not fearful of any of these market profiles. I'm not fearful of my stuff falling out of style because there is no style. This is the market.
This is the source code. But when you set up. a framework of whatever you're going to study in the morning if you're going to trade the morning session your key times you have to absolutely be in front of the charts between seven o'clock and 7 30 in the morning always new york local time okay if you can be in front of the charts by seven o'clock this is what you're doing but if you can't you do the same thing at eight o'clock to 8 30 the same thing at 9 to 9 30 okay this is your pre-market range you Write that down because if you don't write it down, you're going to forget. You're going to call it the opening range. It's not the opening range.
The opening range is the first 30 minutes after the opening bell. At the New York session, the first 30 minutes after 7 o'clock to 7.30, that is your pre-market range. 7.30 to 8 o'clock is your opening range. Remember how I was telling you I could trade every single hourly candle?
Now you're starting to think. The years are turning, aren't they? Oh! It's fun, isn't it? And obviously, the 9 to 9.30, that's your pre-market range.
And then post 9.30 to 10 o'clock, that's your opening range. There is no 15-minute opening range. I don't care what anybody tells you, okay?
It's a 30-minute opening range. That's algorithmic, okay? So what you're doing, and it's this little range here that's being shown here with this rectangle.
What I'm saying is, is this is essentially that 30-minute interval. whether it be 7 o'clock to 7.30 or 8 o'clock to 8.30 or 9 to 9.30, that pre-market range, in that range, what you're doing is you're looking at this line or beginning of that shaded area would delineate the 7 o'clock or the 8 o'clock or the 9 o'clock, where it begins at that specific top of the hour. And then this would be the range that makes up that first 30 minutes. Now, it's not obviously the scale, but I'm oversimplifying for the purposes of teaching what I'm saying.
prior to that range anything before or to the left of this you're looking for equal highs or equal lows which side has it because that's your bias it's going to draw to that how do you know if you have both because i heard you you're thinking it but what happens if you have a relative equal high here and a relative equal low here which one you're going to go for You wait for the first one to get disrupted because once that happens, then you work to the other one. That's your bias. So you have to defer and wait. Now, gamblers or live streamers that just want to have people watching and doing anything and not really executing on stream, but after the trade starts moving in their favor, then they'll show up to the trade here. What good is that?
What good is that? That just proves you're not confident in what you're doing, and you're going to show it after it's moved in your favor. Talk about it, explain it, and then do it. I'm gonna do that.
But today I gave you a clinic on how to determine bias how it's easy for me And it's easy for you Whichever one has the relative equal highs or L to be equal lows. That's a smooth area It will be disrupted anywhere where you see jagged edges like this down here. See I went jagged and ripped higher What's it telling you? What's it telling you? I'm going to look for buy side liquidity buy stops This has been a trap.
They engage traders to go short. They're trapped short on a breakout or they're not trying to take. the shorts out of the market yet and that's why you see all this in here creeping up this is all balanced that's why this spike stopped right at the top of the breaker here isn't it interesting isn't it interesting i've been talking non-stop no chance for me to have another add-over voice-over it's all live you watched me do it live i explained the logic and now here's the wonderful thing you have the privilege to go back to your charts and back test this and your jaw is going to drop you're going to be thinking it's always been there but i've been looking for this stupid ass harmonic pattern i've been waiting for my yin and yang to appear on my chart i've been waiting for my moving averages crossing over but my out my lux algo indicator said this and then said that and i got tripped up i thought it was going to do no bullshit bullshit it's all bullshit There's nothing complicated about what I said in any of the mentorship videos.
They're just very deep, dry lessons that give you the why. Because I'm a person that's highly technical. I want to know why it's going to do it. Don't tell me something and then do it 10 times and be right 10 times. And that's not going to convince me of anything.
I need to know why it's doing it. And if you don't think critically about that, you're a gambler. You absolutely are a gambler. I need to understand. before I put money behind it, I need to know why is this market going to do this then at that time?
Why should it behave that way? And folks, you can't get any plainer or simpler than simply saying, okay, where it's smooth. Now you're going to say, well, this isn't new ICT. You talked about relative equal highs and lows before, right? And I taught that you should be aiming for them, but you haven't been trading like that.
You've been doing other stuff. And then cussing me behind my back saying this stuff doesn't work this guy's a fraud we don't see his name on the leaderboard he's a fraud i'm out here in front of your life telling you what's gonna happen you think i can't do that in a robin's cup you think i can't do that come on you guys are gullible man you're so easy you're so easy i love it i absolutely love it but anyway market trades down to the bullish breaker that i absolutely identified before it hits it and then goes to the relative equal highs i told you to focus on and then i gave you this one here and i told you this in balance is prior to these relative equal highs being taken but this was where we were focused on and look where we're trading at see that now in closing because i really do have to close now in this price run and we're not going to use all of this this is capitulation now it's getting real excited if we have this segment of price action okay if i'm identifying this area up here okay more specifically let's be honest because this is the one i drew your attention to first so we'll stick with that one even though that that other one was later mentioned even before it got treated to that high rate there Did you get the video thumbs up? By the way, did you take a second of your time to press that up thumb icon on YouTube that's free? I didn't charge you anything for it. Because that really is a way for you to communicate to me that you had fun today, that you really did leave and learn something, and now you have something that's tangible that you can go back and look at every single day in the past and journal it.
Because you should be doing that. Every single day, you break down the chart starting at 7 o'clock in the morning, have 7 o'clock in the morning, all the way till, say, uh... 11 o'clock.
Okay, so it's four hours. And you want to have your 15 minute time frame, your five minute time frame, your one minute time frame charts and annotate. And it may require you to have multiple charts from that individual one minute chart where you're zoomed in and you're annotating something specific that are very salient to you. Because most of you may not have trusted this as a bullish breaker. I mean, you saw this drop in here, you're hoping and some of you are probably tickled.
Your asshole was puckering thinking. He's getting screwed in front of all of us. I love it.
I love it. I love it. You're drooling. And then what happens? You rip your face off and I'm right again.
I know. I know. I can have a lot of fun with that, but I'm not because I'm here to try to teach my son and you're here to learn. If you go back through all of this price run here, okay, what you're going to do is you're going to focus on the points that make the most obvious sense to you that you could see. And it says, you know what?
I understand this. Even though ICT pointed out this breaker, you may have noticed it. Maybe you didn't.
If you didn't, that's not your PDR. If you noticed that it traded down into this fair value gap right there inside of this old Sibi, which is essentially where that midpoint between where we expect price to trade to, which is above these highs and where it traded from. See that?
So if we see where it's likely to go and where it went from, where it originated from. Where's the midpoint? Well, let's do a simple measurement.
Here's your fib. And we're going to say something above these relative equal highs. We'll just randomly pick an area right there.
I'm just being very bland. There's no real reason I'm picking that price. It's just simply slightly above the relative equal highs. There's no other logic, simply that. So I'm not trying to complicate anything.
But if you take that and you go down to the lows that are relatively equal, not the lowest low, that's the manipulation. You want to use the relative equal lows like that. Okay, you see that? and then you have essentially the midpoint here. In close proximity to that, you have this fair value gap, and you have this fair value gap.
And this one here can be used, even though it's a little bit above equilibrium, because we didn't take this high and that high out, which I was outlining to you real time. We didn't take that out yet. We didn't take out these two relative equal highs when it was traded down to the breaker. But what happens when it trades up here and then at real time I said, watch this very value gap, watch the stream. Go back and watch the stream.
When we were trading right there, I said, watch, and here we go, we're trading this very value gap here. And then it takes off and runs to where we were waiting to see it deliver. The smooth areas are going to be attacked. The sharks are going to go to the still water. That's where they're going to go.
Why? Because as soon as someone in there starts shaking in fear that their stock's going to be taken, that still water will ripple. And that triggers a frenzy.
And the sharks are going to go right there. You don't trade into levels where the sharks have already had a frenzy. And that's down here.
Okay? They've already done the work. There's been an attack down here.
How do you know? There's been the great disturbance in what price was doing and how it was delivered. It's jagged like shark teeth cutting through the side of a whale's body.
It's been damaged, delivered. You can see it. It's physically represented in the jaggedness of the swings going down. Where we don't see that jaggedness up here, it's nice and smooth.
Real inviting. It's safe. Put your stopwatch above me. Like a siren calling out to the sailors. Come to me.
Come to me. And he crashes them on the rocks. I know, Mr. Analogy.
I don't know where it comes from. It's a gift. But you have to go through all of this price action in here and determine what price level makes sense to you. Which one resonates with you?
Do you see the fair value gaps where I was outlining before I did it? Did it make sense when I was drawing them out? Did you change your expectation and get fearful that I'm wrong?
And it's not going to go up there because of this drop here. What's occurring here? The only thing it's doing is at 930 during the opening range, it's doing what? It's creating a Judas swing.
Something that's opposite to the real move. The real move was given to you with these highs. It's going to go there. At any time, did you hear me sound nervous in front of all of you?
I don't know how many people were watching. I think it was like 6,000 earlier the first time I checked the streams. continuity but i haven't seen i don't know what the highest high was in terms of how many people are watching did it sound like i was nervous because i don't think i was nervous at all today and i've been really really trying not to say any embellishments on the the curse words and stuff but sometimes it's just it has to it find its way out i'm human i'm a sinner and i have to repent all the time when i do it i always regret when it slips out but that's i'm real Like I'm a real person and I have character flaws like anybody else.
But I tried very, very hard today not to use that type of language. But depending upon what subject matter I refer to, it will draw it out of me. And I'm not proud of it.
But anyway, we can see how that Sibby becomes an inversion fair value gap here. And then it sends price higher, retraces down, and then you have your second leg redistribution. and then send it to the smooth area that makes up this market maker buy model. I knew it! ICT!
Yeah, that's how it is. So when you're looking for the bias, okay, the easiest, most scientifically proven, 9 out of 10 doctors approved, ICT has nailed it down to a science of wherever the smooth equal highs are or smooth relative equal lows are, at the beginning of 7 o'clock to 7.30 or 8 o'clock to 8.30 or 9 to 9.30, you have three opportunities, three chances, okay? As each one of these time windows passes by. So at seven o'clock, we formed the relative equal highs.
And then at eight to 830, we didn't go up there yet. So that means that what, nine to 930, chances are that's the run. See how that does that? It increases the likelihood of it going there. It doesn't diminish it because it's building up more trust in that area right there.
So the framework begins at seven o'clock in the morning. Start looking for relative equal highs to form. Not before He he takeaway is not Before 7 o'clock at 7 o'clock look for them to form Big big big big takeaway there Okay, if you're looking for relative equal highs prior to 7 o'clock in the morning You may you may get it but many times you're expecting the London session to be Completely overrid and it's it's most times not the case So it kind of like builds in this filter where you're not trying to demand that the run on London is removed or dismissed because of price overlapping it and going back over top of it. Because the general consensus is we could see the higher low they form in London. So if it's bearish or bullish relative to a higher time frame draw, which is not necessary.
Notice I haven't even used that here yet. Only thing I used was a 15 minute time frame. a five minute timeframe and a one minute timeframe.
And I was framing it on the basis of time because I understand my algorithm. I understand what it's going to do. I understand exactly what these markets are going to do.
Every single day, every single day, it will not stop. It will not be hidden from you, but it can be disrupted by manual intervention. And that will always cause me to lose. It will always cause me to be incorrect.
Because that's something that we and no one can predict. It's their casino. If they want to come in and disrupt everything, it is what it is.
And that's the inherent risk that every one of us has to assume while trading. So that should be the number one reason why you should never over leverage. Because that is always looming.
And we're in a condition in the marketplace right now in geopolitical tension and turmoil that is... expected to unfold at any given time. Any moment folks things could pop off and your little indicator or your little market structure idea whether it be mine or somebody else's stuff means nothing when that happens. It literally is cannon fodder. It's gone.
You're dusted and if you happen to be over leveraged when it happens you're gonna eat it and sorry but it's not gonna be... Pleasurable it's gonna be it's gonna be a hard swallow and probably end you and take you out of the game entirely And all of that is avoidable if you don't over leverage if you trade with one contract and you try to capture moves like this I promise you're gonna beat the socks off of every one of the live streamers out there and my students included All of them that are doing well now. They're gonna start applying this and you watch and see how well they start increasing And the people that don't like me their trades are gonna start working and go back and look at what I'm taught you here you're going to see that they're using this too.
It's a secret weapon. I didn't want to give it to anybody. I did not want to give it away to anyone.
It's a home field advantage, one of many that I have, but because I want my son to know what he's doing that's real simple. It's not complicated. It's one or the other. And if there's two extremes, above and below the range, that's relative equal high and relative equal low. then you just wait for one of them to be disrupted.
And just sometimes you'll miss a move. Sometimes it'll do it and then you won't get a trade. Who cares?
Who cares? When you back test this, you're gonna see like, what am I worried about, man? Like this is so many times offered to me every single week, right? That's the mindset you need to come away with. Not I gotta trade every single day.
When it's so obvious, when it's so obvious, that's the ones you wanna trade on. Because retail is going to have every hope and prayer hanging on those relative equal highs, thinking it's resistance. They're going to devour them and grind their bones to powder. And you can have a moral dilemma and have some convictions about that being, well, I can't do that to somebody else. I can because they signed the same risk disclosure that I do when I open up an account.
And if they make the wrong move, don't interrupt them. That's how you eat. That's how you eat here. And if you have a problem with that, then trading is not for you. And there's nothing wrong with that either.
But hopefully you see that when we're doing this, we're not trying to be smart. We're not trying to be more popular than somebody else. We're not trying to get more attention and more viewership or more followers. We're in here to try to make money so that way you can make your ends meet. That's it.
And some of you will supercharge that and become pillars in the community and titans. and be so much bigger than I am. And I'm here to see it.
I want to see it. I want to cheer you on. I'd love it for one of my sons to be that person. I've been trying to cultivate that since they were little, but they're individual personalities. And you know how it is.
You don't want to listen to your parents. And even if your dad can do it and prove it over and over and over and over again, sometimes still isn't enough as a motivation to do it. Because you have to want to do it.
And guess what makes that happen? When you make them work menial jobs and they hate it. What's the alternative?
College? That's out of the question. So do what works.
Do what works and can be proven. I could do this in front of the Supreme Court. Right just like I did today. I ain't afraid of it.
I'm not afraid of this. And when you get that confidence, it's not arrogance. But when somebody doesn't know how to do something and they fail miserably, when they hear somebody talk like that and when they see somebody display it, it's so uncomfortable. It's unbearable for them. So now you are a narcissistic jerk.
You're arrogant. You're conceited. Okay. Is that going to make me lose money on the next trade? No.
Is that going to make me forget that the logic that is being employed here? No. I'm not here for friends.
I'm not here for friends. Neither should you be. I'm warming up to these candlesticks when it's appropriate.
But when the date is over, I'm going home alone. They're not spending the night with me. That's all it is. It's a momentary engagement, and I'm leaving before any kids are made.
Simple as that. I'm staying protected. I'm wrapping up.
I got a stop loss. I know when to hit the brakes and go out the other direction. If it's a grenade, I'm getting out of there before it does any damage. And that's me thinking like a man.
For the ladies, you come up with your own analogy. I'm not that good with it with the lady side. But hopefully, you've learned something today.
I'm going to close this one. I'm going to invite you all tomorrow. to the comeback if you found this insightful.
It'll be a little bit more technical tomorrow. Today was more or less the mindset, how to relax when you're watching the charts, and what to look for. So that way you're not holding so much expectation of yourself. And then you can enjoy, enjoy studying it because it's important that you do enjoy it. Because if it's daunting and you're not really seeing any kind of fun characteristics in it, it's going to be very hard to stick with it.
So I tried to cultivate that today. If I was successful, you can obviously show me by giving a thumbs up. I promise you I don't make any more money by thumbs up. And you don't take any money from me when you put the thumbs down either. It doesn't change anything.
But it's just a way for you to give me feedback that you found something in this today that made sense for you, that you are inspired to go into your charts, and you had fun while you were learning it. So this is going to be the end of lecture number one, dealing with the foundations of... Determining a bias. It's very, very simple.
It doesn't require a whole lot of complicated things. It's very time specific. Without the time elements, none of it matters. And it's very, very rule-based that doesn't require a whole lot of moving parts.
Where it's smooth, it's going. Where it's jagged, it's going to move away from. Very, very simple logic, folks. Not complicated at all. And I'll talk to you tomorrow.
Lord willing, be safe.