Transcript for:
Trading Strategies and Key Insights

Good morning folks guys can give me a heads up on Twitter if you can hear me Good morning. Good morning. Good morning. Can you hear me?

Hello, testing. Alright, there's the opening bell. Can you guys hear me? Hello?

I'm not sure why the volume's not higher. So, leave in comments and tell me that the volume's low. I can't help you. Everything's set to its maximum settings here. All right lower left hand corner five minutes sharp we have a opening range gap premium opening okay sweeping Friday's high once more you look on the let's see the 15 minute time frame 15 minute time frame we have it in log at the around the 8 50s got a bit of a migraine today so my pace is going to be a little bit slower so now you will probably you'll probably appreciate that Seasonal stuff.

Alright, so inside the opening range gap, which is presently shaded green, but I'm going to change that because it's not what I want to highlight. I want to keep the same colors I'm using when I teach Caleb. Not that I have this kind of stuff on my chart because it's extremely distracting, but I don't know how else I can draw attention to certain things unless I put lipstick all over the stuff. All right, today's topic is, and as a reminder, I won't be live streaming tomorrow.

So it's the Fed's rate announcement. It's something that I would have my son completely avoid trading because he's too inexperienced. So I won't be live streaming to keep that as an enticement from him.

You're welcome to obviously do that. I'm sure everybody else will be streaming. But today's topic is going to be what happens if you miss your your entry say you're watching a particular time frame you get a green light that it's good for you to take a trade and just either you sit still you freeze up you second guess it or you turn the charts on late or you didn't notice it and then it's now after the fact so how do you how do you work with that so we'll be we'll be dealing with that topic if you look at the five minute chart here in the lower left hand corner i like that cell side right here and the september i'm assuming that's the 16th really because oh no it might be the right one i don't trust the dates on these so i'm trying not to call attention to the dates i'm also testing it to see if they agree with the ones i have but anyway because we open up with a premium gap opening range gap higher than previous day's settlement it's more it's most likely you know a 70 chance that in the first 10 i'm sorry 30 minutes before 10 o'clock or by 10 o'clock it trades to mid gap so we're looking for this price down here and it's also a pool liquidity resting on this little base of price action So first presentation, Fairbanks Gap is here, right there. This is not the real one.

Hopefully, if all things good this morning, I won't have a very long session, which is my intended goal. Let's take the midline off of that because I want to see it. There you go. And we're going to work primarily off of the 1 and 15 second chart today. Now I know some of you don't have it or don't have access to it because of your plan or whatever.

you don't have that function or feature for trading view it's up to you to get it but you know this is what i'm teaching my son to work with so you can apply this to something like if you were looking at a one hour chart if you're a little bit larger term trader in terms of the time frames like you want to have a little bit higher time frame because you believe foolishly but it's okay i understand but you think that these lower time frames are moving faster and they're not they're not moving any faster than any other time frame but if you'd like to look for setups like say on an hourly chart think of it as one my one minute is your hourly chart okay and then you can use something like a 15 minute time frame or five minute chart to get into a move that you may have missed on the or say you're painting through and you see something oh wow i didn't see that set up there i wish i would have saw that but it's now starting to move now we're trading into first presented fair value got here i really want to work inside of the out of the 10 o'clock hour for silver bullet like i want to use that information during that hour but i'll wait till uh 9 50 10 10 macro so i'm purposely sitting still if the trade sets up you know i'm gonna let it go and then i'm gonna try to use the logic i'm trying to convey to caleb and all of you willing to is how to get into a move that's already happened to start or move which in my opinion is a very valuable skill set no daniel i'm not drinking from the yeti sorry all right so here we have this candlesticks high you're gonna look at the value up here upper right hand corner chart so the high value on this candlestick is $19,793.50. We have yet to trade to number three candles high, which is $19,795 even. And this one, I think it's probably the same price as that. Yeah, same highs.

So we have to trade to technically. 794.75. We have not traded there yet. We have not traded there yet. That's using my model.

That's how I would try to enter. If I'm aggressively trying to get into a trade, I have a bias that would be bearish. All I'm doing is giving you a reminder that we're looking at mid-gap down here. let's do this there so i'm gonna check my yeah i'm good so settlement previous settlement opening price there's your opening range gap and then we'll grade it real quick drop in the fifth one so then we have our upper quadrant we've already traded to that's this right here and all the other time frames and now go back to electronic trading hours my advice to caleb is that if he's going to trade the day before fomc he needs to do it in the morning session which is fine because that's his model he won't be trading the afternoons i'd like to see this here Jump up into that bear bag out there.

The reason why I would encourage him to stay away from... FOMC days is because he doesn't have the experience and most of you probably don't have the experience if we're being honest to not get excited about what you think you see in the charts because That day is very manipulated and even after the fact okay, like it's a two-stage delivery 2 p.m Tomorrow the markets gonna go one direction is gonna shoot either higher or lower You don't know which one they're going to do first. I don't know which one they're going to do first.

It's heavily manipulated. And then at 2.30 during the conference call, pal's a little bit like me. He likes to talk a lot. So sometimes that 2.30 counter run.

So whatever usually happens at 2 o'clock, 2.30 usually runs right over top of that and goes the other direction. It's usually, not all the time, but that's usually what happens. Kind of like a non-farm payroll event, it's the same thing, but it's a little bit more exaggerated.

And if you're wrong or if you're over leveraged, you're probably going to regret that. And I just want to include that in his early development stage just to avoid the day entirely. That way he can't be enticed to do anything.

He can't feel any kind of regret. So what I was looking for is a run because we had this low and then this low here trading down into the upper quadrant of the opening range gap. That means the difference between 930's opening price, the very first tick opening print, today's trading, and yesterday's settlement price when the market technically settles at 415. Since there's no trading at 415, it's 414 is the last print so that's what you're looking for in your lower time frames so between those two times that's what makes up the opening range gap opening range is a 30 minute time interval so up to 10 o'clock and that's here so we still have some time there You want to keep your expectations kind of light also the day before FMC. uh it kind of goes without question that you would anyone really want to go out there knowing that there's going to be such a volatile delivery in price like it's going to go all over the place tomorrow so if you believe in you the adage of buying and selling pressure who in their right mind would be trying to position ahead large positions why would they want to get into the marketplace ahead of something like tomorrow's FOMC read announcement.

Like why would you want to do that? Why would they incur unnecessary risk? They wouldn't. Alright so there's the first presented fair value gap and I was explaining it off of the basis of this low falling short of the upper quadrant level of the opening range gap. and then it trades down to that sweeps that low but it trades to the upper quadrant level and then we created this little tiny little fair value guy you see that in the lower left hand i'm sorry lower right hand corner chart when we were trading i said i want to see it trade up in that fair value gap this is kind of like what i was hoping like trades by matt guy would try to trade like that because what he's aiming for that's basically it that's his whole day he's just sitting like that and boom i mean it probably wouldn't be good for business for his live streams He'd be in there now, okay guys, see you later.

Or let's just talk about whatever, which is cool. I mean, I love him. I think he's a nice guy.

No drama. The NASDAQ cowboy. I love his song.

Like I listen to it. Sometimes I'm driving and turn it on. And it's like, that's actually a catchy little jingle. but you'll see on a 15 second chart if you can find one minute five minute uh buy sell liquidity and you want to write this part down because like i said i'm going to be waiting until we get into either the deeper half of the 950 to 1010 macro before i look for anything or after 10 o'clock but we're going to wrap it up at 10 30 this morning so that way it's a little bit shorter and i want to kind of keep to that I know I say that, but I have to force myself to do it because Caleb can't, he can't keep up with with this while he's working his job. So, but if you, in your notes, you want to write down, um, for fair value gap trading, you can do high frequency trading and it's not complicated.

It's extremely easy. You can do it without a bias. And the only thing you're doing is looking for relative equal highs on a five or one minute chart.

Once you map them out in close proximity to where we're at right now. So what would that look like? What you would have when you use the one minute chart.

Okay, I'm going to maximize this for a moment. Yeah, I'm ruining it for you. I don't know.

There's a guy on Instagram that has a large... I don't know if the followers are bots or what, but he has my name like he's pretending to be me. I'm not on Instagram at all.

I appreciate you guys reported it. It's like a 200,000 follower account. That's not me.

And he links my YouTube channel like I would if it was me. So I'm hoping that when people go there, they click on that link and they can watch videos like this where I say I'm not on Instagram. 2024. Get giddy up.

That's what I was saying about wanting to wait. waiting for a little bit more time-based delivery. If you're expecting this just to go up here and feel like I would do if I was aggressive and it wasn't a day ahead of FOMC, getting in that entry price there, you would have to endure this. And when you know what you're doing and you understand the characteristics, you know what is going to happen. You know the likelihood that a fair value gap, a PD array.

It might work through them. And that's not failure for the sake of the methodology. It just means that it's going to color outside the lines and get a little animated.

And you can see that happening here. Cell side here. so that would be like a high frequency run to short term either five or one minute buy side or sell side liquidity using uh no bias just zero bias just looking for a price run that takes out short-term highs short-term lows and you can do that all day long and not even have a Not even have a bias for the daily session.

I'm sorry, for the daily candle or the session you're trading being like the New York session, the morning session or the afternoon session. Or if you're trading in the lunch hour, you can use the same thing. Like you don't have to be in here sitting still and only trading on a higher time frame bias. That's not required.

But, you know, when you're first learning, it helps. It gives a framework. So now what I'm doing is I'm launching the uh this wick here upper right hand corner chart I'm looking at this wick right there I'm looking at the 765 and a quarter level because we traded up into the first presented fair value gap there I know some of you are probably short right now This is the mid-gap level down here.

Let's do this. So Midgap's here and 10 o'clock here so we'll see if we can get that Midgap delivery by 10 o'clock. I said it all for you guys out there wanting to make obviously these things but when you two channel and I push a button I get them taken down So you can think think to yourself for a second okay there are mornings where you'll get in or you'll watch the price there's the delivery to uh mid gap so 70 strike rate true today and now we have the lower quadrant level here at uh 694 and a half so that'll be our next downside objective These, for the folks that make these overlays, I don't want to call them an indicator because they're not really doing anything except for reporting previous price points. They're not manipulating the data.

All they're doing is plotting it. That's why I said indicator slash. overlay overlays are a more appropriate term for it because if you're doing anything to manipulate the data at all it's not something i would do so i don't trade with indicators but if you are making these or if you're the author of this one and i'll show you which one this is so you'll recognize it right away this person here you want these a little bit further away from price this is too it's too close it's very distracting for me um so I don't know if it's a bothersome thing for anyone else, but you need to have it away.

I would prefer having it set up the same way this thing here, the ray. Whenever you put that on your chart, it's always going to, if you put the annotation to the middle and on the right, it'll always be on the right side of your chart, all the way to the first extreme. That's how it should be.

It should always be like that. And then you'd have the luxury of moving. the chart around with the price to bring it closer to the annotation. I don't know if you can do that in Pinescript, but that's my opinion. That's how it should be.

Okay, so we worked lower, got close to lower quadrant, left a small little gap here on the 15 second chart, and then now we're back in the high of that new week opening gap. I was tempted to go in here today completely naked on the charts and have nothing on here, but uh, it's pounding me today So I would feel the impulse to just try to put more stuff on the chart myself and I don't do it So we have a couple more minutes before 10 o'clock. We have a short-term high here with a civy sell side of balance buy side inefficiency So, so far, keeping with the logic, we can let trades go.

In other words, you can see them coming, you see them formed, set up, and all that business. First presented fair value gap here, 933. So I made this mistake yesterday, and I talked about how one of the candlesticks I pointed to was incorrect time and it's because I'm talking live over the chart and I have so many things I want to talk while the one minute chart was booking price. So I'm constantly getting information from what price is doing and I'm trying to imitate and talk and give you answer questions I know that's going to come up by based on whatever I'm just said moments ago and also keeping in line with what I present for that that lecture. So It's fine that you know, I made a mistake of calling it the initial fair value gap or first president presented fair value gap, but It doesn't change anything It's not like it would have caused a losing trade or something like that But I did make the mistake and I corrected myself in the stream.

I had probably 900 comments on yesterday's stream Not you could leave comments on that stream, but on other posts on my youtube channel where they were they could leave a comment They were saying it Everybody likes to correct me The the first presents if everybody got here is obviously this candle here. That's candlestick number two So to get short and I told you I wanted to see the move start like I'm letting it go I told you that this price here would have to trade to $7.94. You're watching this price up here, the high.

To use my entry technique, it would have been shorting as it slammed into $19,794.75. You may elect to trade a sell limit order that would be at that price $7.95 or higher. You could try to get the consequent encouragement, but it might not go there.

You can try to get the lower quadrant. That's probably a good price to reach for. Or if you're really, I guess, greedy, you can go in there and try to get the upper portion of this gap.

And you can see we just created a mohawk. So you can anticipate when the market will... color outside the PDA rays.

You see these jokers out there, I'll say, look, you're seeing your PDA rays getting run through. That's part of what you're doing. You're watching how it interprets that. How does it deliver around it?

Kind of like if you're looking for a, I'm running a little bit slower today. it's like a faint okay like uh like a boxer might act like he's gonna throw a certain punch and or a pitcher you know they throw a certain kind of pitch that makes the batter think okay it's coming right there and then it just drops down okay or it curves um it's kind of yeah that's basically what i'm saying is i will allow the market to throw a curveball and my pd arrays will get colored outside the lines the mohawk here going above that Fair value gap. Ideally it stays inside of it and many times when we don't have these environments which is the day before FOMC that means it can be a little bit more careless in terms of its precision.

It can be a little bit muddier in the water so you won't see really crisp delivery of price action. So if that's what is likely to occur why would you want to use your lowest entry threshold? Watch and see how it trades up into the fairway gap and be more selective.

And in my opinion, allow it to first run to the extreme of it because it might want to do that. And then once it creates the Mohawk, you can trade inside that wick that created that. And you'll get really good premium pricing and trade down to the mid gap because that's always in the first 30 minutes. That's your bias.

If you're going to ask me, what's the bias? I see team. well there it is see how hard that can be for you you have to go and pull up a fib and drop over the opening price of today at 9 30 anchored to yesterday's settlement price on regular trading hours and then the midpoint on the fib that is your 70 bias for the first 30 minutes like that is so mechanical it's so easy like how hard is that it's not hard but you're out here trying to figure out you know what what videos to watch you know where do i start this is this is the series you start with this one this is the one that puts people right in the charts and here's the setups every single day it's the same repeating logic we gap open higher is it more than 40 handles okay then you have a respectable opening gap that means then you can do what you can anticipate the market creating a 70 strike rate of returning back to the half gap so why are you complicating it I'm not complicating it.

You pick the first fair value gap that forms at 9.31. That's the earliest in terms of time. Between 9.31 and 10 o'clock in the morning, the very first fair value gap that forms.

And how do you use that first fair value gap? Okay, I can see that, but what do you do? What does this tell you about the opening range gap?

Mid-gap. If it's below the first fair value gap, price, which is this candlestick here. Doesn't that mean the bias for the first 30 minutes should be what? Bearish. Is it not delivering it?

And you're trying to argue with me that what I'm teaching is complicated. It's absolutely not. You're just not listening to the long, drawn out things where I'm explaining why it's best to understand every facet to it.

And you curse me and you cuss me out and talk all this nonsense in comment sections of my videos or even on my social media or other people's social media. Saying that the stuff doesn't work. Well to find this stuff in anybody else's stuff find the first presented fair value gap find the fact that it's going to go to mid-gap 70% of the time in the first 30 minutes, you have an entire trading model right there, and you're done. In 30 minutes, you're done.

I mean, I don't know. What else would you want? I don't know.

I mean, I know I would want more because I'm that type of guy, but you don't need more to quit your job. I mean, you can do this over time and make more than your paycheck gives you. It completely strips away the ambiguity of where's the bias? What trade direction do I trade in?

And now contrast that with people that will tell you what you're learning isn't real, where there's no real logic to it. I'm going to take this little box off now because it's actually not that. I want to leave that out. I like to keep these dudes from looking smart by having my stuff up, pretending it's them. the uh let's maximize that one minute chart so your stop would be above this candlestick here so anything you're shorting in here you're stopped above this candle so yeah we wicked above the fair value gap but that doesn't do anything to upset the trade so if you know that it's going to be a day that has characteristics that allows and affords the market to be a little bit more muddier where it colors outside the lines.

How do we know that? How can we anticipate that? Because tomorrow's FOMC and the morning or day before can tend to be a little bit more reckless and more wild.

The price can be a little bit more disorganized basically. And shorting in this first fair value gap, the gap itself formed at 9 33 a.m. candle number two is where your stop is going to go whether you're going long or short so think like an algorithm okay an algorithm is just the recipe so here's the here's the recipe this is the this is your blue ribbon recipe from ict where all you have to do is follow this logic every single day you're not going to get a winning trade every single day but i promise you if you study it go back and back test it you're going to see an enormous advantage and how you could have been making a whole lot more consistent moves passing your funded accounts getting funded getting withdrawals getting all that stuff getting real money turning your demo account that you're trading with these funded account companies into money making machines the recipe or algorithm is this every day at nine o'clock eastern standard time you're sitting down and you're opening up the nasdaq or you're going to open up the ES. It's the same thing.

You're not making anything different here. It's just the same process. If you want to trade the Dow, I don't know why you would want to trade a 3030. I can't stand it. It's too spotty.

I don't like it. But if that's your cup of tea, just know that you're probably going to have a little bit more adversity in that one because it does a whole lot of, it creates a lot more wicks and it usually will move faster or before the other indices. because it's more responsive because there's only 30 issues in it that make up that index whereas the s p has 500 companies and the nasdaq is 100. so because of that that's why the s p is a little bit smoother because it's factoring a composite of 500 individual companies price fluctuations and changes versus the nasdaq which is a composite index of 100 stocks and then you have the least which is the dow which is only 30 stocks so out of those 30 stocks it can be influenced greatly by the price movement of larger stocks in that list of 30. so it's a little bit skewed and that's why i don't like it so that answers a lot of questions about the down why i don't trade it can i trade it yes does my stuff work in it yes but i'm not trading it so i i will use the dow for a like a smt divergence early warning but it's not that it's not the deciding factor i'd prefer to see smt divergence between es and nasdaq so if i'm bearish i want to see i want to see like um since i'm actively trading the nasdaq i would look at the e-mini s p by comparison and we are in the december contract we're not looking at the uh the september contract anymore Do you see the S&T divergence?

Don't worry about price. I got another. I got another entry don't worry I'm purposely letting things move around the these highs here this high went higher than that one didn't it now look at it here with the Nasdaq see it now by comparison this looks a whole lot more animated doesn't it and when there's wicks I'm looking at the bodies because that's where the bulk of the volume is So there'll be times where you'll see that the WIX might be higher, but the bodies aren't. Inside this swing, compare that to here.

So NASDAQ went higher, both in WIX comparatively between this highs and here. And in ES, I keep wanting to reach for the U for September delivery contract month. you see what's happened here y'all thought you knew smt you don't know smt here's the high and the wick went higher but the what do wicks do with that teach it they do the damage so the this is an smt divergence because the bodies in the high here are lower than this so that's why you got to stop listening to these dollar menu mentorships because They don't know everything that I know, and they don't know the full concepts.

Like I said, I've only introduced everything. Yeah, every single thing. It's just an introduction. It gives you a platform as a foundation to start understanding it.

And you don't need to know everything and do well. But what happens when you really understand it? Yeah. So by comparison, again, you want to do this in your own charts, by the way.

Don't use mine. you want to use the the time frame right above the executable time frame and the time frame that you intend to trade on meaning as i mentioned at the beginning of the stream i said that we're going to be working with a move that's already happened or started let's put it that way and then what happens if you miss that move Well, you have two choices. You can be regretful and get angry and get emotional and say, oh man, and then either chase it or the worst is, okay, since I missed it, I'm angry. Now I'm going to fade it. I'm going to wait for it to, I think it ends now.

So now I'm going to trade the other direction because you want to wrestle the marketplace. You're mad at it. Never good.

Now I like the 19,009. 26 level that's the equivalent of the september contract and you can check you can check that out look at your hourly chart on the nq u 2024 on trading view and then look at the the august 27th through 29th highs there are like four or five of them up there real smooth the equivalent for the december contract which is what we're watching pricing right now That is the same thing here, right? So that's where those relative equal highs are. That's that big pocket of buy-side liquidity.

If we don't go there today, I think that FOMC tomorrow will target that area. So that's just a very loose expectation. It's not a hard and fast, it's gonna do it.

I'm not betting the farm on it. I'm not trying to position myself ahead. I'm not in any trades right now. I didn't trade last night. I didn't do anything.

I just hung out and made a little video presenting gray pools, which is a PD array that I'll talk more about in the book, but it's how you use Wix. Okay. And Wix are a PD array that you can look inside of them in that little gray area of what nobody would really pay that much attention to a cluster of Wix, but the algorithm, because it knows every single high and low, and it knows how to refer back to it based on its script. it's going to refer to those wicks in a manner that I outlined and you can see it.

So I'm not looking at supply and demand zones. I'm not looking at old highs and old lows for support and resistance. I'm looking at very specific prices, but where those prices reside in the matrix of where price is at the market.

And if it's going to go lower, I'm going to be looking for discounted rates. I'm not just looking for inefficiencies like a fair bag. I'm not looking for relative equal lows or a single low. I'm looking for clustering of wicks because nobody's paying attention to them. No one's making any effort to see what was the purpose of that flurry of price action, redelivering multiple times in an area where you have multiple wicks overlapping.

Right. You think the algorithm, you know, if you can just give me the the stage for a second assume for a moment if you don't believe there is an algorithm that controls price and it delivers price it's a price engine if you don't believe that pretend for a moment you did wouldn't it be logical if there were a algorithm that even that little messy area of a clustering of wicks all different lengths and such wouldn't it have to still have to work with that information there or otherwise ignore it And what problems would it create if it was ignoring that? And why would it ignore that? What would set the precedence over something else in the marketplace that the algorithm will refer to versus something like that? But then when you start seeing it like I'm teaching in the future with this, you'll see that you have an X-ray view of price.

You'll be able to see things that are not technically in your chart. They're not in your chart. Nobody's seeing these things because they're not looking for it, number one. They have no knowledge of it.

They have no reason. There was no inspiration. Now there's going to be all kinds of people creating these bullshit storylines, okay, that, oh, this is the thing. I've cracked Enigma.

You don't have any idea what you're talking about. But I'm introducing it kind of like a little bit of an enticement to say there's new stuff coming. There's new stuff coming, and it's extremely precise.

Very, very precise. And it's time based. It's very specific time based things.

I don't need to be in here worrying about every single fluctuation. I can set a date. Just like when you set a birthday party for your child or you set a date that you're going to be at a restaurant with your significant other at dinner. Here it is.

That's the time we're going to be there eating. That's what I can do with my trading. That's what you can do with your trading. And that is a liberating feeling. contrast that with everything else you're waiting for something to appear in a chart or you're just waiting you're just waiting yeah keep waiting so the uh the idea of moving from one minute buy side and sell side and then using a 15 second chart you can find very very high frequency trading setups in that you're gonna get stopped out More times than anything else I've taught because you're going to be chasing every potential run into liquidity on a very small time frame.

And the times you're going to get caught offside is when you don't refer to the time of day, the day of week, the week of the month, the seasonal tendency, where the higher time frame daily order flow and weekly order flow is reaching for. Specifically this. I believe this is where we're going to aim. Now, because that is a likelihood and we have big news coming out tomorrow, I would not want to position very large today. I would not want to swing trade today.

I think it's more reasonable to see them leave this here. It's just a real easy candy store to rob and just go in there tomorrow and smash it. They can be chopping around and do all kinds of subtle ranging, creating consolidations that many of you would be frustrated by. But when you understand that these are the conditions and characteristics, you won't be in here trying to trade larger or more frequent than you should. So while there is a approach to trading high frequency using sub one minute time frames, you can get shit 20, 30 trades a day easily.

And that wouldn't be over trading using that model. Like, think about that, like that in the hands of someone that doesn't know what they're doing. And it's impulsive.

and they're over leveraging you're going to blow your brains out because you have so many opportunities for you to the mess it up basically i'm trying not to curse the uh so what happens if you know that this is the likely draw if you filter out all the high frequency trading that you do sub one minute aiming for short term one minute or five minute buy side using a 15 second fair value gap entry model you're filtering out all the potential for you to get nailed if they do in fact want to run up there and hit that so you see it's not just give me the right fair value gap give me a pda rate give me a straightforward model i just gave it to you this morning you're looking for a gap of 40 handles or more okay the the larger above 40 handles the better what was the uh what was the opening range this morning Previous settlement price at 661,795. Hello, that's over 100 handles. So you are in a jackpot. Like you have an easy, easy, easy 70% chance.

That's not 100% chance, folks. That's not a guarantee. It's a 70% chance that in the first 30 minutes, you have an ability to sit down, know exactly what you're expecting to see in price.

What is that? You're expecting the price from this opening price here at 930. to gravitate down to half of the gap. You don't need the whole gap to close. There are things that you can trade with that gives that idea. I'll teach a little bit about that.

But why worry about having that when you got something that's statistically probable over 70% of the time? I mean, think about it. You don't even get it right in your demo account that many times in a month, a year. You have very, very low strike rates.

And the people that are honest, they come out forward, they'll say, you know, I'm about 50% accurate. And to me, that's offensive because I'm a numbers guy. I like looking for advantages. I don't want to go out here and just do something that doesn't have a built-in advantage. Who would want to do that?

People that believe that price is random. So they submit themselves to, okay, well, it's probably not going to be an easy day, but I'm going to go out here and do something. and if you're a live streamer it's even worse because now you feel like you got to perform and it's it's illuminating watching individuals go out there and they just phone it in they just lob it in and say okay well you know there it is there it is guys i did my best well i'm telling you how to make your best better opening range gap okay you can't they they're never gonna hide this from you they're never gonna change it and it's not gonna sound it's not gonna be something that falls out of favor okay gap opening higher more than 40 handles the larger the gap the better that means your range is more opportunity so from the opening price as soon as it 9 30 opens up you know what that price is everybody else knows what that price is down to that gaps midpoint which is 728.25 so you have essentially what is that 50-ish handles.

Now think about this. What would 50 handles do per week? Not every day.

Not every day. Just one trade per week. You say, I'm going to find one setup because I don't know what I'm doing. I want to get consistent. I want to build trust in myself and not be impulsive, but I still want to show progress.

And if you're trying to get a funded account combine past, if you can't stick to something like what I'm outlining here, no wonder you're failing and you shouldn't be paying for them. Don't buy any more of them until you can build yourself discipline. If you're not smiling and if the gears aren't turning in your head right now, how this is so fucking easy and it's in front of you every single day. And I've told you this for weeks now and it's not every single day.

but it's happening enough even if you did it wrong on the days that it didn't deliver 50 handles is 50 handles that's a thousand dollars on one mini a thousand dollars what's a thousand dollars do for you once a week one trade you're not even worrying about it in 30 minutes in 30 minutes that's how long okay you have to sit and wait I'm satisfying every millennial's fucking dream. This is a millennial's wet dream. Tell me what to do, what direction, what's the target, and how long do I have to sit still and wait for it? I've answered all of it.

There's nobody else out there that's given you something like that. There's no one else doing it like this, baby. It's ridiculous. I got all kinds of stuff like this, but this is easy. Large opening gap, higher, wonderful.

Find the mid gap. There it is. Find your opening price.

That's your range. That's the profit potential, okay? So now what do you do? You wait.

In one minute from the opening price, you can take your time. You got 60 seconds to say, okay, what's the math on this? Here's my opening price.

And then the mid gap price is down here. Once you anchor your fib to the opening price, that's your price you're aiming for. That's your range between this price and that one.

So you know your bias is what? You're gonna try to go short. So now what do you wait for? You just go in and go short?

No. You watch price. You wait for it to do what?

Create the first presented fair value gap. This is the first fair value gap, this candle here at 933. So it meets the criteria. It can't be on the 930 candle. 931 is the easiest and first, not easiest, it's the first earliest candlestick that can create the fair value gap, candlestick number two, that one that makes the imbalance.

this is candlestick number one this is candlestick number two here's candlestick number three so candlestick number three your entry is either one tick below if you're aggressive like me and you know what what side of the market you're trying to get in and you just don't want to miss the move because i trust this model you know i i i could trust this I could be selling short there and any opportunity it's inside that gap here, I'm going to short. I will short rate that Mohawk because the stop's up here above this candle's high. I know this is intrusive having that laying on top here, but I'm sorry.

But people literally take my stuff and they try to put their own YouTube channel. And it's just real easy for me to push a button and the copyright is done and they lose their channel. And I'm not trying to be a jerk about it, but you don't have right. to put my content on your two channels and i'll give you permission to translate them either so the and you can hate me for it i don't care the number two candle that's the in imbalance where it's this number one candle's low and number three scandals high anywhere in here go short stop up here so this little spike here they can crack jokes all they want but I just gave you something they can never deliver. And this is such a good model.

It's so, it answers everything. When it starts to break down, you find a short-term low. Once it breaks that, you put your stop loss to cover costs.

If you have more than one contract, you take a partial below the short-term low. Everything I'm saying here, when we have a gap lower opening, more than 40 handles, 50% of the gap is your target. wait for the first presented fair value gap and you're going to be using as the as a means to go long and trade up to the half of the gap here first very first fair value gap here is your entry mechanism to get down to mid gap and you have a 70 strike rate built in you've got a home field advantage that this is going to happen 70 of the time daily now you can further increase that strike rate by understanding the economic calendar hello and understanding the likelihood of what happens if you take 75 to 80% off of the trade at the mid gap and you don't have the experience and you want to see if you can go down to close the entire gap.

Okay. Just put your stop loss somewhere above the short-term level you took profit at or partial. And if it stops you out on the balance, who cares? At least you had a free look. You did 80% off here remaining from the position after you've taken off a partial.

Or don't do any partials. Just expect that it goes below this low and accelerates to mid-gap. Look at the bodies.

Look how the bodies are respecting that mid-gap level. That's algorithmic. It's doing something that it's been scripted and coded to do, just like a recipe. I want you to think about the potential that I just laid in your hands. I've already taught this a few times.

in my lectures. I've taught this, but you don't remember it because you're waiting for something where I'm drawing over top the chart and I'm trying to tell you what the market's going to do next. Why worry about what's happening next when I'm telling you how you're going to find what's going to happen next every day? What's more important to you?

The fair value gap that I'm going to push a button on today or having the logic where you don't need to come back to watch my channel? How's that working for an ad revenue campaign? I don't want you coming to watch my videos because if you keep coming back and watching my videos, that means you don't know anything.

You're still learning. And if you're brand new, that's reasonable. But when somebody finds a model like this, why would you want to worry about whatever else I put up?

Why would you even want to buy my books? How's that for a sales campaign? I don't need your fucking money, okay? I'm just presenting it because it's my stuff and nobody else has the authority or the understanding to be able to do it. And I want to document it.

My sons and daughter, they can hear me talk about it. It's not just looking at my notes, looking at my journals, looking at my things. That may not be a clear depiction. or understanding what it is that I'm actually teaching and what I've used. It's my whole entire life's work.

And this is not in Al Brooks bullshit. Okay. No, no offense to the guy, but I don't have any connection to any other mentor out there. And Larry Williams wouldn't even know anything about this either.

Ask him, don't be rude about it. I guarantee you he'll say, yeah, I don't know anything about that. He was my first mentor.

I, anything that's ever had an influence on me. from him i've always credited i've told everybody buy everything he has and everybody should have that book how many million dollars trading commodities last year it's a 1970s book and there's a lot of stuff in there that doesn't hold water in my opinion but the very specific things in there about premium pricing that means the front month is more expensive than the distant months for instance how would that what would that mean in terms of trading the s p or nasdaq right now the nearby contract is september still and it's going to expire and then it becomes the december contract entirely so that's your that's your nearby contract or front month then you have the next month out which would be march 2025 and then the next month out would be june 2025 the next month out would be september 2025. in a carrying charge market where the normal pricing model is in play You will have higher prices for like if we're looking at corn or soybeans. Usually it's more expensive. The price right now for this contract in December is trading at $19,797.

Now contrast that with NQ for the September contract. We're in the 500s. So there's a premium in the December contract versus the price that's in September. You see that? Well, that's a normal carrying charge market, and it's more useful in a real supply and demand market like grains, cattle, something that we eat or consume, oil.

There's a real buying and selling demand in these markets because they're the resources that makes the world go round. We don't really need to buy the S&P and the NASDAQ, just like we don't need to buy shares of stock. So while it's.

better for the market if you're bullish to see the nearby contract trading for more money than the next months out in the future. In other words, the price should go higher in the future when you're looking at commodity prices. But if that ever reverses and it's higher prices right now, then you have an inversion from a carrying charge market to a commercial bull market.

That means large conglomerates and commercial users are more interested in buying it so much it can maintain a huge premium in price relative to the traded price of the distant month contracts and if you're brand new that probably went right over your head but it's a very simple thing if you go into the commodity teachings that i have in the 2027 mentorship i believe it's month 10 i believe it's month 10 um i split up that that month with bond trading commodity trading you stock trading and for the life of me, I can't remember what the other one is. I don't remember, but it's in there. I talk about it. But the, I'm not even sure how I got on this subject matter, but the, you have a model now.

You have no excuse not to be finding consistent setups every single day. You have an experiment laboratory. for 30 minutes every single day caveat now here is the spin here's the spin on that logic as long as price remains below your stop loss when you're short using this model and we have not traded to the mid gap you stay with the trade until you're either stopped out or you get your target is that complicated nope now how how could you mess this up okay here's how you mess it up You're going to over leverage.

You're going to try to trade before the fair value gap is traded too. You will not take the trade because you haven't watched it enough times for weeks and months to desensitize yourself to it, to trust the data. Don't just take my word for it.

I don't want anybody taking my word for anything that I say. The open challenge is go in and see if this stuff isn't really going on. Because once you see it, you can't unsee it. No one's going to convince you otherwise, and then you're a cult member for life.

And that's not a bad thing. It just means that you're part of the cult of winning. There's no other simpler system model that's mechanical. It's finite parameters.

Just like when you read a recipe. How many eggs does it call for? How much milk? How much sugar?

How much flour? You can't go in there and say, you know what? This pineapple upside down pineapple cake calls for this, this, this, and this. You know, I just want to kick it up a notch and put my own spin on this.

And I'm going to throw in. horseradish the hell yeah that that's that's what you're gonna mess it up with you're gonna try to bring something else into it okay you're gonna come up with some name for something and try to reinvent it so that we can go out and here it is but in my book i'm gonna reference these videos where it's time and date stamped where you can see me giving the details about this I promise you what I just taught is there's going to be dozens and dozens of books before the fucking November holiday. Amazon's going to have ICTs, elite day trading model, 100% mechanical, and they're going to inflate the number.

100% strike rate, guaranteed to make money. And it's going to be, that's fake. That's false. But 70% of the time, you're going to see that these parameters deliver, but it still affords the ability for people to mess it up because they're going to bring their own problems to it.

They're going to be fearful. They're going to be too impatient. They're going to try to trade before they should.

They're going to over leverage or they're not going to be disciplined. They won't be in front of the charts to do it. They'll live a lifestyle that allows them to get drunk and inebriated and sleep over and miss it.

And then because they didn't take a trade the previous day that was really, really good, then they'll over leverage on the next day thinking I've got to make up. No, you don't make up anything. You just take the trade based on the parameters. And that means trade with one contract, the smallest contract, the micro.

And you desensitize yourself to the importance of the money. Take that part out of it for weeks up to... Give me at least one month where you're doing this every single day. So that way you have a whole month of data. And then see what you were recording about what you felt when you were doing it.

watching and observing it? Did you get emotional about how you were feeling you're going to be right and conquering? Were you fearful that it wasn't going to work? You have to get that baseline measurement about you because the you is what's going to mess it up.

Okay. Trust me. The first time I sat down and I put this to task, I was like, I want to have something that's mechanical that I want to know that this is what I can do. And I will set up a scenario where I can automate it. And this is one of my first automated things with TradingView.

I'm not TradingView, TradeStation. I did a lot of coding with Easy Language with TradeStation back in the 90s. And this was one of my simplest, easy, bread and butter. It's like a cash machine. It just simply will spit out the setups to you.

And it's like an ATM with a PIN code that you know. has an endless supply of opportunity. It's just right there all the time.

But I don't want you to believe that. I want you to go in and test it for yourself. Because as soon as you see it, it's going to be like, what the hell? You've been trying to do all this other stuff and the whole time, every single trading day, if these parameters are there, 40 handles or higher, there has to be 40 handles from previous settlement price to where we open first or more.

It's better if it's larger. It's really, really good if it's larger than that. If it's over 200 handles, I've seen in the last two years or so, I will defer trading this setup because chances are it might still keep running because something out there is heavy manipulation going on.

So 100 handles, just to make it a little bit clearer, 100 handles approximately, minimum 40 handles. That's your sweet spot, okay? And if you use this mechanism, okay? There's a lot of you guys that do coding and such.

you have everything right there i just gave you the documentation stage of it like i just go through the coding aspect and it's an easy fix of just putting a couple things there and then bang you know where the stop goes you know where your target is you know what you're looking for it's time based for the first fair value gap to form one minute chart and then uh by 10 o'clock it should deliver seven percent of time to mid part of the gap like come on man seriously like who's giving you anything close to that you know what time it's going to set up you know how long to hold on to it you know what to do if it doesn't trade to the target yet you hold it or let it get stopped out and be comfortable with it getting stopped out because you should have a partial taken if you're trading with one contract allow that stop out to happen and then and record what you felt as a result of that you're going to go to i wish i would have closed to trade it that's this point where it was the maximum you open profit, but not realized. And if you do that, what you're saying is you want to be right. And you have to work on that.

That's what you're supposed to be doing when you're tape reading, you're discovering yourself. And when you demo trade, you're trying to discover where your bad habits are. You're not thinking that you want to have something to go online and show people, look how much money I made today.

And nobody's impressed by that. Nobody's impressed by that. Because if you can't make that bread for real, And eat on it. That means make real money with it.

What what difference does it make everybody out there can get lucky? But this isn't luck. This is logic. This is very very Specific rules if it's doing this then you can look for this when this does appear Then you can take action on it And where's your stock go above candlestick number two if you're short and when you're bullish it goes below candlestick number twos low how? How hard is that?

It's not hard at all. And you take what the market gives you. Some days it's going to be amazing.

The stop will be very small relative to the distance for where the first spare guy got forms and your entry would be at to half the gap. So anyway, you can see, look at the characteristic of this market right now. I got a little carried away.

the uh it's just ranging and that's classic the day before fmc so i'm going to strip this down to the two panel view all right and then uh i want that 15 second on the right side and this is your one minute chart i'll take this off here all right so see what they did here we have these lows this is jagged on the bottom end what's up here short-term buy side in this fun hitting learning with good old ict fun give it a thumbs up if you appreciate the fact that this gave you something that's going to pay you your bills for the rest of your life You don't have to pay for it either. No mentorships required. No book sales required. You don't have to spend any money. No money at all.

And you've got something that answers everything you'd ever need. And it doesn't need to concern you if it's going to stop working. They're going to change the algorithm.

It's literally, it's something that's going to repeat in perpetuity. As long as there's markets, there's going to be an imbalance likely to happen in the morning session. It's always there.

And that's how they use and entice initial market sentiment. That's the purpose of the gap. It's not the buying and selling pressure.

So, all right, over here we have a 15-second chart. It's a little spotty for 15 seconds because it's the day before FMC. I would not be terribly excited about this afternoon.

So I know some of you that are watching you live stream, try to avoid trading the afternoon. If you're going to trade it, just do it and you're in privacy because you could probably be met with a little bit more difficulty because you're getting closer to the time when absolutely nobody wants to do anything in the marketplace. All right. So hopefully you can get a little bit more displacement here on that candle and give us a fair value gap.

Now this is again, this is a drill. It's not meant for you to copy me. It's for you to get a baseline.

See what uh, if it runs right to that if it runs right to 1850 then we have to wait. Just got to give the uh, the gap on the 15 second, but you're doing these drills. as many times as you can afford to do it with your schedule if you can only do like one or two a day that's fine it's just like an exercise routine you just go into lower time frames find a relative equal high or low and you're not demanding your right okay see that's what i don't want i don't want to see that now we have my buttons open too close to the liquidity i can wait i don't have a job and i don't have anything to do today so i can stay here as long as it takes just be comfortable that you know we can see these liquidity pools and see how easy it is right to it and that's just one instance where it'll do these and that's it that right there is something you should log it didn't give you the setup like running into those i mentioned earlier That's what I was aiming for.

That's what I was aiming for. I wanted to get something in here where it traded back into a fair value gap and then catch that. So you guys would be like, what the hell? He did it again.

But sometimes they'll run without and the fair value gap just doesn't, it's not given to you. And you can get mad about it. You can say, oh man, I missed that move.

Or you can say to yourself and say, this stuff repeats. There's no need for me to worry about it. I'm going to find another setup.

All I have to do is sit here and relax. So let me go back to this real quick. We had these lows here and this was made jagged. So sell stops down here on the one minute chart were taken. Remember I was telling you earlier, if you're going to be doing these exercises, be aware you may not know how to do this because you're learning, but figure out where the higher timeframe draw is, which was what I showed you earlier up here at 926 level.

And I mentioned beginning to stream these up here. These are all potential draws because of this being the higher time frame reason for markets to want to go up there. Those relative equal highs that we were watching in the September contract, that is the same level here just for the December contract.

So the prices are different, but the same school of thought or reason to expect to trade there is still the same here because it's still relative equal highs on the December contract. If you go back and look at the last week of August of 2024. in the December contract. It's a lot of gap, gappy price action, but doesn't change the fact that it's too smooth.

And we're most likely going to see it trade up in here. I'm not saying we need to do it today, but as a higher timeframe draw, if you're going to be doing these little exercises to get yourself desensitized to getting into trades, get yourself some experience, pushing the button, managing a stop loss, managing how you're going to endure getting it wrong. If you're getting it stopped out.

if it runs in your favor it gives you all these perfect little laboratory conditions where you're not influenced by the money you're doing one contract you're not trying to pyramid you're not trying to be perfect with your entry you're just getting some kind of exposure in price action well if we know that this is likely the draw here on the daily chart then it's better for you to filter only going long if you're going to be using it to take trades with monetization at the end of it as a result. But don't think that way only while you're doing a baseline evaluation because you want to see what it's like when you do it wrong. Or if you get into a trade and it runs aggressively the other way and doesn't go to your target, you need to identify how you're going to respond to that. You need to know that as soon as you can in your trading because it's going to highlight what your character flaws are and don't hide from it. It doesn't mean that you're a bad person.

It doesn't mean you're a bad trader or you can't become better with these features and functions that every human being has them. Sometimes some people have really toxic, self-defeating things about themselves and they don't see it that way. They like to sugarcoat it and pretend and put makeup on them and wear a mask and say, you know, I don't have problems.

It's everybody else. Your mentor talking to you, I have a lot of things that I wrestle with. And you as well.

And they're going to materialize in your trading. Right now, we're looking at how price is respecting that September 1st new week opening gap. There's an overlap of here. This low is a new week opening gap. Well, I'm watching the bodies here on the one-minute chart.

so we don't have any buy side to refer to here on the one minute chart so we gotta go up one time frame yeah there's those relative equal highs on the 60 minute chart for December delivery the contract. Alright, so we have this high right here. You see that For the summer contract we have this high it's moving still closer to the 19,000 926 level. So now that level Change its style a little bit so you can see it differently.

All right. So there's another pool of liquid by side, and it's framed on the hourly chart. And all we're doing is providing a means of framing an exercise. That's all it is.

It's not a, I got to be right. It's not a, I'm Mr. Precise. It's not about you. Making money do not monetize it.

Don't take a trade on it if I'm given something here to execute on And I would like to see this they open we already dropped into it here And it didn't stay open there. But I would have seen it stay open if it started to displace higher. Then that could have created a fair value gap. That's what I mean by that.

So new week opening gap on September 1st, just about near its high there. All I just did was annotate the miner buy side and sell side. How do I know that there's buy side?

Because the market turned here and went lower. We created a swing low here and this candlestick right there. As soon as it closed that validated this as a swing low. So anyone that's long, they could theoretically, and that's all we're doing theoretically, is assuming that there's going to be some measure of stops below there.

And then the buy side would be here. just missed it sorry that candlestick right there when i hit that that was the entry for buy side and then i would want to see inversion in here We have this big block of back and forth price action where it spent time a lot of time back and forth in this range. So 19, 8, 13, 50 is also September's 13th daily high.

So I'm not I'm not impressed with the run below the short-term low just to get to that level. It's not like I don't see it like it's breaking down and keep going lower. It's going to have to prove something significant to me.

On the downside, I'm more inclined to fish on the upside. And it can drop and it's fine. It won't be something I'm going to be regretful over because you have to have rules.

And the rules here, I'm not trying to be short. We've already shown a willingness to gravitate towards that 19. 862.75 level and that's not even close to the relative equal highs at the 926 level breaker low high lower low this candles range and we have that little inefficiency there that's where we're aiming We're inside of that right now. So I'm watching it. So we're inside of September 13th old daily high.

And while I'm talking on your own charts, you should drop a line on that September 13th daily high. And you'll see what that level is. But here's a breaker.

So it looks like this. So I'm not. inside that range right there now if we lose this range to the downside then we may have done enough for the morning session going into lunch macro where they'll move against the traders that have been long that would be this cell site resting right here on the left hand side chart But it has to leave this blue shaded area if the breaker wasn't there this would be the short My eyesight goes to here. And new week opening gap, if it's going to go below here, it's reasonable to see it try to reach into that as well. What time is it?

1050, 1110 macro. Sell side. That little gap right there, that's the one. But I wanted to see it come down and give me one tiny little gap below that.

That was why I was wanting to aim on, but I gave you this before it happened. So it's a consolation prize. It's called that.

I know some of you are still hammering on whatever I'm saying. If you took that, don't tell me. People are still not listening to tell me in the comment section.

This is what I took a trade here. I made this. I passed my comment. All right. So today.

low here. I'm not convinced that we're going to come down that far, but I'm willing to give it another opportunity to sweep below here once more. So this low now becomes sell side.

So any little rally in here, as long as I don't go to the mean threshold of the breaker. that's this range here on the one minute chart then it could be just setting up a retracement here just dive one more time and get into new week opening gap well then if i can get a rally after that i'll work with any fairway gap there to trade back up to the breaker if it can afford me 20 handles range that's the that's the filter it's got to give me at least 20 handles of where i try to get in at and where i'm trying to aim for. If I can't frame that, then I have to sit still. And we can see the moves coming, but it's not frameable based on the watch I'm performing for Caleb, which is 20 handles run from entry.

Because we're below this breaker low low high Lower low then rallied to new week opening gaps broke down went below the breaker here So as long as we're below half of this range I wouldn't be interested in anything long. So what I'm saying is I'm looking for some reason for the market to fail to get above the midpoint. it can trade where it's at here that's that's normal it can trade me up to it but the gaps the pd arrays everything that i have that i key off of in price they all have an inverted aspect to them so they can be treated the opposite so what you think about classic support resistance i can apply that to these things here but it's not classic support resistance it's very specific candles it's very specific prices the low the lower quadrant and the halfway or mean threshold because it's an order block so half of this breaker to its low that's like the the area where the turn could happen and a run below this low down the end end walk that would be a setup we have a gap here if it runs away again then it's just making my day longer Ahem.

I want to put a short one so that way you can see trading against a higher time frame likely bias on a day prior to FOMC late in the morning session. See it wanting to take this short-term high here first. See how much time it's staying inside that gap all here? You don't want to see that. and that would have been stopped out so i could see where i'd be wrong and as much as it would probably be entertaining for some of you if i would have took that entry i just know that it's not it's not good it's not there yet but using that one you would have been stopped out or i would have been stopped out there how did i know that it's because i think that this was too easy to shallow and if they do either they're going to send it higher or they're going to take it right above this high anyway before it goes below these relative equal lows so in between that little i can justify both sides and if i can do that it's not high probability so it's giving me the ability to show you caleb that just because it looks like it's a fair value gap where we at what time we're at and how it just delivered that little tiny wick into the lower half of that breaker I was annotating.

I feel like we've pushed it up a little bit from 930s high. We went lower. We consolidated, made all of this in here jagged, and once more here after trading into the new equity gaps above the initial high of the day. because we've had one two three four lows produced to the downside this is really really jagged and i'm i would be trying to sell short in the very like low end of the of the range so what would i be doing selling here i'm selling a discount there's people out there want to buy something cheap so i'm watching this high here because that'll tell me what i want to do i told you i'm not leaving until i i get something that i can frame on and look at this this is slowly gyrating up to that little high right there so anyone that's trying to be short or that is short not that they're all using a 15 second chart mind you but you can see that high is also in the one minute chart so you have to sit still sometimes and If you don't know what you're looking for, it can be frustrating and just drive you nuts.

But there has to be some reason why you're taking the trade. You can't just simply push the button to find out. I'm not here for that. I'm here to teach my son patience, teach him, look at things with rules, frame the probabilities, and justify why I will or why I won't. all right so now we have somewhat of a balanced price range in here i mean it's on the 15 second chart i don't want to make too much of that but this little gap here we're seeing these little tiny candlesticks reaching up i i would like to see it just go above this high here and then come back down into this inefficiency and see if it can support it with inversion characteristics just bumped the low of that breaker block i don't want to see it hit the bottom of the breaker block and come down here i'm going to see it take this high come down hit that and then if it shows displacement higher off of that then to me it's a little bit more trustworthy to the upside and then i can entertain maybe i run into the high the breaker or this inefficiency right there now take a screenshot of what we're looking at here this is exactly where you can identify where you do not want to trade i'm going to force myself to trade in this environment because i want you to see the difficulties of it i'm probably going to feel in it that's why i'm telling you don't don't copy this one but i want you to see before i do anything look at how it's behaving is it animated to try to get anywhere in a quick fast sudden manner no it's just like and i'm just moving around a little bit lethargically either side of the marketplace it should have dropped here if this was a valid prepared fair value gap which i i told you because of all the things that are on the one minute chart it doesn't bode well for selling short that that cheap or low in the in the daily range after it's already had this big drop down so this lunch macro where it took the sell side out over here that right there might be the low and we could be higher in the afternoon.

That's what I want right there. Now, because this inefficiency is the only one that has any interest to me at all, I want to see, do they dive it back down into this? And then if it can hit this, but not go through it with a body, if it can hit it and displace higher, like a big, nice series of one or two candles to the upside, create an inefficiency there, then that could be a catalyst to get us up into that inefficiency there. I apologize, Caleb.

I did not want the video to be this long. Shut up, ICT. You're here till you're 90. You're here till you're, you'll be doing this till you're 90. That was a funny line in Deadpool.

But I asked you to take a screenshot because the way prices just meandering around, okay, that is what happens when the market enters a buy model it just sent not i'm sorry by program where it just starts ticking higher it doesn't matter how many people are selling shorter buying it's just going to keep offering higher prices keep higher higher higher higher and it starts squeezing and squeezing and squeezing and then as it gets to a level where there is inefficiency or liquidity and when the one minute chart you see it right here that's that short-term high you These are very, very challenging conditions when it's behaving this way. If you're brand new, you can be smacked around a little bit or frustrated. So there's the wrong color.

There's your buy sign. all right so now we're back above the mean threshold of that breaker over here that's this candlestick right there it's the last up close candle right before they drop down to a lower low there so it's a low high lower low it did not come down they hit this area here and just kept booking price higher higher higher higher higher so they're going to make a mad dash up to attack these these buy stops we're doing it live Let's see, push this to the back. So we're back at September 13th's daily high, top of the breaker. Now because we have this area of inefficiency, now mind you it's anchored on a 30 second chart so bear that in mind it's not like it's on an hourly chart where if this were an inefficiency in this time frame were a one hour chart or 60 minute chart price would have no problem going up with one single candle into this little area it can still do it on the 15 second chart that's still a characteristic but because it's only in a 15 second chart that it has this inefficiency there because if you look at over here it's it's been offered by side delivery and then this single candle on the one minute chart inside that one minute charts range we have this small little inefficiency there so keeping to the the rules i'd still would like to see it ram up in there pretty quick if it's going to get in there why not just take out the liquidity right right there working towards the Low end of that breaker spiking through mean threshold, which is the midpoint.

Whenever there's an order block, half of that range is always mean threshold. If it's a gap or a wick, the midpoint is consequent encroachment. The books will explain why those names were given to it.

I just don't want to talk about it publicly because it makes people stupid. Look smart. That's it.

incredibly it makes stupid people or fraudulent people look smart. There's no sense of helping them write their cliff note version of my concept just to get a book out there. You don't even make a lot of money on books. I mean it's not even that big of a profitable venture.

The only thing I'm concerned about is making sure I record it in the annals of history, that this is what it is, this is who it came from, and now it's my gift to you. All right, so we're at mean threshold, half of the breaker, and we have the inefficiency right there. And like to see that be used as inversion.

So it would, you want to see it go away from a little bit and come back down into it and then run up into the inefficiency right there. now look at the delivery of price here on the one minute chart watch how it goes higher do you see any gaps this was immediate rebalance really really really really small little volume imbalance there but no fair value gap see that and then deliver to the high of the breaker this is a classic that's why i tell you take a screenshot of that because when you start seeing price doing this that is the algorithm in a buy program that means it's simply going to keep offering higher prices it does not matter what your little book map things say it doesn't matter what your liquidity things say it means it's just going to start marching higher higher higher higher higher that was the reason why i stopped i want to take the short one here just to illustrate this is shorting and i was like you know what why do that it's better for me to illustrate why that's not even a good one so you the screenshot of you seeing how price is not giving you any kind of fair value gap. It's just one steady, just booking higher, booking higher, booking higher, booking higher, and no inefficiency.

So if you're offside in that, it's very, very painful, extremely painful. Notice the bodies, we never left it and came back down. The bodies are staying inside of it.

So is that displacement to the offside? No. You thought you had me didn't you, Phil? Yeah, yeah, yeah.

All right. If you weren't here today, what would you be doing wasting your time? You're learning how to read and navigate price action.

Navigating it, understanding why it should or shouldn't. Everything I can't do in a book. Imagine these as chapters in a book.

It's very hard to write that kind of stuff and make it make sense. You have to see it. That's why...

I hate to say it, but 99.999% of any trading books are useless because of static picture and a couple paragraphs or whatnot. It doesn't adequately describe what it's communicating. I'm sure the authors are well-intended.

I would have intentions because I don't like spending time bloviating in great detail about what I expect to see in price. I want to see this small little portion stay open. And now because we had this nice little retracement up in here, I'll explore the downside.

I want to see if we can get to the mean threshold, I'm sorry, consequent correction of this gap. No, stay inside there. All right, wait, I'll wait for it again.

I believe it's going below this low so that way we understand what I'm expecting. We had this nice deep retracement. It pressed higher, higher, higher, higher, higher, higher, higher to the top of the breaker.

We couldn't find inversion there. All the body stayed inside of it. Nice displacement to the downside.

We rally back up. I want to see this small little segment price action here stay open, meaning that I don't want to see it trade back to the bottom of that blue box or into that volume of balance. I'd like to see that stuff stay there. and if we can find ourselves heavy in this area that should allow for a run to get to the sell site we still have to wait for the fairway gap that makes sense and that isn't making sense yet it's got to still work out the creases so knowing how you can fail knowing how you can lose money identifying it and saying no this isn't it that's going to come with experience it's not a matter of going out and try to trade everything and make money the main thing is capital preservation see i don't like that ideally it should have went to consequent encouragement of that gap right there why that one because it's matching basically this one single candle up single candle down they're sharing the same spatial Range between their highs and lows that make this imbalances. So that's a balanced price range so I want to see it trade down below it and Show a willingness to hit half of that and then drop then that drop would be candlestick number two Of a fair bag out that I could use to get in to get short and run down here But since it's not doing that I have to sit still now.

We've got the volume imbalance redelivered to and now we're at uh i mean it could it could roll over here lower but it needs to show a displacement sharply down to the downside i want something at mid range of this gap down here even though this is a higher price that if it's going to drop this would be a better entry because it's a higher premium price i don't i don't trust that my entry there would be sound Watch that wick right here. Now I don't want to see if I want to try to frame a setup which is what I'm trying to force myself into taking a short to this low. Yeah I don't want to see it support price there.

I like to see it lay down a candlestick but not close outside the the low of it and create a inefficiency so I can position inside of that. Volume and balance delivered to that. Now this right here, just deliver it man. There you go. Now don't run away.

Don't run away. Don't run away. Don't run away yet.

I want to see if we can touch the bottom of that inversion fairway. You got, don't, not yet. Come on. Line the balance right there. And the low.

Oh, you fucking kidding me. Okay. Well, we're going to have to pretend.

Okay. The stop loss would have to be above this candlestick's consequent encroachment of the wick. that's where my stock would be so that way you can see you can see where it would be at i told you i teach for the demo so some of you uh okay so it would be one tick above that and the limit order would be at that price okay 7.45 and a quarter it's this fair value gap there Trading view.

Come on now. This is the gap right there. That's why I was eyeballing.

you can take a partial there not as sexy as is when you see the executions but it's okay I'll work with it with y'all. Trading view, you cannot do any maintenance during live streams to ICT, okay? It's not good for marketing for you. It's not good.

So always see what time you plan on doing maintenance. Schedule it outside the times I'm going to be live streaming. So you would be in with the stop that covers the costs and you'd be in one partial already.

There we are. Some relative equal lows there That would be a partial. So now you'd have two partials booked.

Stop would stay right where it's at. So it doesn't matter where it goes now. You stick with it and aim for this lower here. And just relax.

Let whatever's going to happen, happen. So that would roll to here. and you'd stop out on the balance there and you do all your markups to get all your information from where you were entering what was the total drawdown how much heat in other words the tree would have placed on you and you take your partials where i was queuing up audibly you take a partial and then the partial here and we rolled the stop down because once we have a partial a second one and we're getting close to the low we're looking for this this low here and the rejection block is what i was looking at and that's why i said to drop the stop theoretically hypothetically to here because what we're doing is what i taught you in this mentorship where if you don't know how to time or select the partials to get out of the trade with pieces of it and profit by chasing down a recent high just let the market take you out It removes all the worry about which one should I do or how should I manage it? You got two partials. You let the market take you out.

And it doesn't have to go down and take this low out. It's just the target. So it removes all of the I have to be right stuff that everybody thinks that I teach.

I don't teach that you have to be right. Now, admittedly, I'm a little disappointed because I absolutely wanted to be in this to show you. with one contract, how this thought would have been managed.

So it's kind of like, it's not as good as it would have been if I would have been in it. But I know some of you are out there taking this. And as much as I don't want you doing it, I gave you guidance because I know you probably are doing more than one contract.

So not an easy session. I mean, it's not impossible. Obviously, you can see what we are looking for. Everything outlined is in the video.

You'll be able to listen to it and see it, but framing it where it makes sense. It has to make sense. Just because price is moving around doesn't mean I have to be in there, doesn't mean you have to be in there.

But finding a setup, getting in, and getting 20 handles, 20, 25 handles, something like that. That's a nice little bread and butter type setup. There's opportunities where you can go back through price. The main takeaway today is identifying.

how price was delivering all this run up to the top of the breaker here. All of this is all one-sided. All of this in that one-minute chart.

That makes it hard to find an inefficiency in. You have to just let it go, and then it'll do this. It'll give up the ghost, basically, and just, boom, you'll see an energetic run.

And then here, big energetic run. I wanted to see this stay open. Now, why would I want to see that? Because if this is the low I'm aiming for here, if this would have stayed open, this would have been a whole lot faster and quicker. It still very well may go down there, but it would have been a lot less of this kind of stuff.

It just would have been, I fell out of bed and there it is, done. And I would have been less inclined to tell you where the stop would have been dropped down to here. that would have stayed at where it was initially. Once it covered costs, it would have stayed there and then the run below this and then to New week opening gap down here, which is still something that could potentially pan out. So I did my best with working with what was given to us today, teaching how to wait for a setup, being very critical of the framework, the things that I would like to look for.

You saw me try to go in, but it's not my fault that TradingView was doing maintenance on their... paper trading thing. I have to teach in a paper trading account. I'm not a licensed trade advisor.

None of these things should be inspiration for you to go and trade with your real money. I can't control what you're going to do, but I am asking you, if you follow this and you made money, please don't tell me. I don't want to know about it.

That's not what we're having here. We're not a signal service. I'm not a signal provider. I'm trying to teach you how to reprice action live with logic that I teach on this YouTube channel. It's up to you to decide whether or not there's any value in this.

I personally would love to have had this information presented to me, especially if it's for free. And I'm trying to help my son have all the advantages and remove as much as I humanly possibly can as both his dad and the mentor of the treating side of it to help him remove the likelihood of him hurting himself and making his progress as easy as it can be done. But still, you know, you're still going to put the.

put the effort behind it and it's not going to happen real fast okay so hopefully you got something from this admittedly my obsessively compulsive side is a little flared up right now because i i don't like the fact that it didn't let me get in it but at least i was able to outline it for you so hopefully that's enough consolation prize for what we've seen here today if you learned something from this today leave a comment in the community post after this stream closes I usually go over to my community post on YouTube channel and I put the date up and I'll ask you, what did you learn with this live stream? And it's the date in today's live stream. If you learned anything, you know, I'd like to know what helped you. And if you didn't learn anything, I don't care to know that because when I see that, I just simply, I'll block you because that comment is just a waste of time. You're wasting time writing it and I'm wasting my time leaving you.

accessible to me. I'm not going to give you any of my time. It doesn't mean you can't watch my stuff. It just means that I won't ever see your comment again.

Now on Twitter, everybody is open. You can tell me anything there. If you learned something, tell me what you learned there. It's more dynamic. If I see something I really liked or felt like I stuck a nerve in a good sense, I might respond to you.

But until I talk to you on Thursday, because tomorrow, again, Wednesday is FOMC, I have a guy that's... saying he's going to live stream so i want to kind of like sit in and watch whatever he's he's doing i don't know and i'll be sticking my head in to uh some of my students live streams and watching watching them do their thing tomorrow and i'll be back at it again on thursday lord willing uh right around 9 20 ish right before the opening bell so until i talk to you then be safe