Transcript for:
New York Forex Opening Gap Insights

e welcome back folks all right so we are looking at the New York new week opening Gap with Forex all right so this is a f minute chart as you can see up here upper leth hand corner it's a British pound versus US dollar five minute chart okay so I want you to take a look at this and notice right over here you see this that is the Friday close Sunday opening 5:00 p.m. eastern time so that is your new week opening Gap and we've had a rally rally another rally and a shift and Mark structure right there and I talked about this in the telegram Channel and if you have not joined my private telegram Channel it is the 2025 lecture series I don't do mentorship anymore I shut down down my paid private mentorship group and invited them to this group so there's nothing out there that you're going to get your little hot little hands on and think that you're part of an exclusive uh Community anymore because that's that's gone and I will be uploading every single commentary I've ever made in the past okay so keep a lookout for that because I'll post a playlist when I have them up and you'll be able to watch them at your leisure so in the meantime what we're doing here this year is just cutting right to the Brass tax and getting right to it with a model and I'm pulling out all the pieces of the things I taught in 2024 on this YouTube channel so if you liked all that content I'm actually showing real time calling out every Candlestick that's Salient for a setup and you can go back and look at this morning I called the NASDAQ pretty much lock step to what you see it did today and then the same thing with the British pound versus US dollar now I'm not going to go over the NASDAQ because it's pretty self-explanatory I have the most commentary in the telegram Channel this morning about that so you can listen to the sound clips and they're all timestamped the idea is is for you to see that it works still in Forex I know a lot of you if if not the majority of you are Forex Traders so here's the new week opening Gap and we're trading inside of the New York session so here 7 o00 10:00 in this area here and we're seeing this up close candle that's a buy s balance sell sign of efficiency I mentioned that that was likely going to perform as an inversion fair value got Market trades up into it the bodies stay in close proximity to the midpoint of that then we rotate go lower and I mentioned that if we give up the ghost below this low here after showing and proving that this is an inversion fair I got then it would likely trade down into the blue shaded area and more specifically if you look at this candlesticks low from Friday to the high candle inside of the Gap okay this is a new week opening Gap I taught this on the YouTube channel last year ago and watch the individual videos about it the remaining portion from the open all up to this High buy side delivery not liquidity buy side delivery it means the Market's trading higher keeps posting higher higher higher prices it stops right here it would need the difference between this High to that low closed in we have it here on this one single candle up so it's lacking delivery on the downside and that's what it does here okay but prior to it it gives you a nice little silver bullet shorten here stops dead in its tracks and consequent encroachment of this cby and we'll look at that in a moment so you can see we have a one minute chart indicated with this number one here and it's the British pound US dollar for fxcm okay so I use this data feed today and again the only difference that you're going to notice is the new week opening Gap between Friday's closing price and Sunday January 26 202's opening price forks.com is a little wonky and the other Brokers seem to be fair about it this is the 5 minute inversion fair value Gap but it's being shown over a one minute chart the market trades up into midpoint of it here after leaving it notice it trades lower here then rallies back up into it here and you'll see that I actually went short there and then waited for it to Rally up my stop loss was right above see these two candlesticks sharing the same space right there the close and the low so at one point this Candlestick went down to that low and then closed there and then opened and traded back over top of it so this small little area here is a balanced price range I felt very confident that this little area here would not be traded back into so my stop loss is Right Above This candlestick's opening price the price breaks lower comes back up creates a little Mohawk I call it where it just trades and colors outside the lines of the inversion fair value Gap but notice what the bodies are doing listen to the commentary the little sound bites I posted this morning when I was referring to pound dollar I said that you know I want to see it stay in the lower half and the bodies should stay in the lower half or at the consequent encroachment which is the mid point here this this dotted line here then Market breaks lower comes back up it goes right to this price level here we were looking for I noted in audio clip I said I want to see this point broken after this inversion fairy value Gap has proven itself so it had to be traded to several times and I went short here and here and I waited for this one here I didn't want to add any more to it and then it rotated lower broke through here came back up into a small little fair value got right there in that pink box trades right up into consequent encroachment look at the bodies respecting half of that and breaks aggressively creates a silver bullet this is your 10:00 Silver Bullet breaks lower comes back up hits consequent encroachment there and then sells off into the two little blue lines I very specifically outlined this morning in the telegram Channel here's execution selling Short Selling Short Selling short taking a partial as it approaches the new week opening Gap and then as it went into between these two blue lines I indicated I just covered there I did have a limit ordered a little bit lower for this line here plus the spread but it just took too much time and energy to be babysitting it and like I said I'm not trading with Forex with real money I told you I would do executions because there's a lot of you that want to learn and you watch me outline this stuff live today zoomed in here here's a one minute chart price trades up into the five minute inversion fair value Gap breaks lower spends a nice run into that low stops dead in its tracks rotates back up higher I sell short once more add one more trade right back to consequent encouragement here notice the bodies okay go back and listen to every single clip they're very short it doesn't take you much time to go through it but I told you that the lower half of this five minute inversion fair value Gap the bodies need to stay below that that's how you're going to be able to qualify that this is a proper inversion fair value Gap that should send price lower it's okay for these Wicks the trade above it that's where the damage can be done but the bodies are showing you the signatures that the algorithm is absolutely indicating that this is just running stops they're getting real real dirty with it running each previous High not allowing anyone that Trails their stop loss too tight and aggressively you got to abandon this idea about quickly moving your stop to break even or locking in something you're going to have to assume some measure of risk otherwise there's a lot of Trades and it's going to be the better trades you're not going to be be a participant in and the market breaks lower after spending some time in this higher Cy here in the lower half of that inversion Fair Bay Gap spends its time here breaks aggressively lower comes back up fails to touch the low of that and then goes lower that is another indicator it's a signature telling you that it's now weak it can't even get up to the inversion fair value got trades back down to that same low bounced one more time failed to take out that high rolled over aggressively pierced through it in a small little Fair Bay Gap trade right up into it look at the bodies see that ain't that nice that is algorithmic it's half of the Gap stopping right there even on this Candlestick here don't take my word for it run your fit between this candlestick's low and this candlestick's high and you'll be greeted with Precision that you've never ever seen before that's not true I mean you keep you keep seeing it all the time on my YouTube channel but it breaks lower takes out the swing low and it creates the very obvious easy Silver Bullet now you may not have noticed this one this is a little bit higher order uh you know silver bowet trade but this one here is the obvious easy one that you simply wait for and just jumps off the chart at you that's here and we're picking up the difference in price drops lower you can see as we're trading into that new week opening Gap in blue I'm taking the remaining positions off as it trades inside there so you can see obviously all this stuff works in Forex I'm going to do a lot more examples of Forex throughout the year but I just have to have my focus on NQ for the remainder of this week because I want to take trades okay so I'm not trading Forex with real money I am trading the index Futures with real money so I'm not making money by showing you paper trades in an asset class I no longer trade I need to be trading in the markets to actually pay me okay so I hope you can respect that and I appreciate all the comments that's been posted on the YouTube channel in response to the accuracy and precision and the straightforwardness that I've provided to you this morning on the telegram Channel if you have not joined the telegram channel it's absolutely free everything's real time called before the fact and the link is inside the video description and it's also on my community tab on this YouTube channel absolutely Ely free you got to download telegram though it's going to ask you to verify your phone number so that way you can run it through your app and your phone number verifies who you are no one else can see your username no one else can see that you're a member of it okay you're one of the numbers in there right now it's 37,325 or plus people in there right now I expected to be a whole lot more by now but I guess now because it's in a video and the link will be in the description of the video here again we'll probably start picking up you know more viewers and more members to it but it's absolutely free no hook no future upsell I promise there's nothing there for you to have to worry about paying for and no one knows you're there okay I don't even bother looking at the list of who's in there but that's going to be it for today and I hope that I will see you tomorrow Lord willing and until then be safe