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ICT 2024 Mentorship Lecture #1 August 5_ 2024

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I know right I know another live stream

another mentorship oh my goodness

how you doing folks I hope you're doing

well give me a second here I apologize

for being slightly late the OBS

streaming service thing I here I used

wasn't cooperating with me so I couldn't

find the settings to get myu to show up

so I just make sure

showing

JS like it looks like

sure second one more time

apologize

see my headphones

that's so I have it set to the lowest

latency so when I'm showing my 15sec

chart we won't go down to a 15c chart to

but we'll go to

one all right so let me explain

while I'm

even

doing as you know I've been trying to

get my kids to want to do this pretty

much since they were born trying to mold

them get

them not thinking for the purposes

of procuring an income from someone

else's hand relying on them to say what

they can when can

I don't like to cultivate an employee

mentality because I don't have so

uh my son Caleb

recently had an interest in making

another attempt at doing this I know a

lot of you always ask you know how are

my kids doing um how they doing in their

in their learning and whatnot first of

all I make them work and it's work

hardening it will make you

it if you're forced to do it if you get

money from Daddy and you get a lifestyle

given to you it kind of makes makes you

lazy and become very L ofas and you just

don't really have any pursuit in you

so that method I've used has hopefully

done its work in venom of uh making him

want to leave the the rat race knowing

that I'm not just going to dull money

out to him

his interest is again Peak and want to

make a good good attempt at it

so I get a lot of questions about you

know if if you're teaching your kids you

how do you teach your kids you know what

is it that uh you do differently if you

do anything

differently and I I honestly I do I do

things slightly differently because you

know they're my kids okay you're not

entitled to anything from me I'm not I

would do anything I'm not expected you

to to be your best friend or to be your

your guiding like as much as I seem like

I am in your videos it's because I'm

talking to my kids and that's why you

have this you connection with you

because you hear the sincerity in what

it is I'm teaching because I care about

them receiving it from you so it's like

a an archive of me teaching instructing

encouraging my own children so when

I talking with

sincerity

and

empathy it's genuine because I have them

in my mind now invariably sometimes I

get a student that's outside my family

tree and they'll contact me and they'll

say hey look you know I really

appreciate that you could do this this

that and I would touch on those types of

those typs about and or one of my kids

will say Dad how do you how do you deal

with a situation like this or what if

the market does that do you know when

not to do something or when should you

really push it aggressively

um I'm going to talk a little bit about

that not so much today but I want to

give like a baseline on where you should

be at when you first sit down to start

learning how to do

this I'll push buttons in front of you

I'll talk about where the market should

go I'll talk about what PD array isn't

so important to me at the time and why

and the ones that I think important so

that way it kind of like filters Out and

because I plan on doing this Monday

through

Friday it will be a exercise for you now

if you are already profitable if you're

already profitable whether you're using

my Concepts or a derivative of them or

you're doing something entirely

different it's probably better that you

don't watch the live stream just do what

you normally do because I'm probably

going to distract you or I'll be a

perfect excuse for you if you take a

losing trade you'll say ICT call me

to lose money and you won't take

responsibility and you need to be

responsible okay um the things I'm going

to touch on is obviously you

know where your mind should be every day

sitting down in front of the charts you

have to have some reason to be in the

charts doing it so that's the reason why

I started the The Stream at around 8 o'

I know it was like seven minutes late

but you're not my employer so I can

punch in late if I want and I can go

home early if I want

so I want to talk a little bit about

that ahead of 8:30 we have an a heavy

news driver the ism PMI number at 10

o'cl I'll be with you until probably

like quarter after 10: okay but uh this

mentorship at least the first lecture

here is probably going to be a little

Annoying for some of you that just want

to get out here and start pushing

buttons but I promise you if you don't

want to sit through this Live come back

to it when you have time to do it before

you watch tomorrow's live stream okay

because otherwise you'll miss the whole

importance of what it is that you should

be doing before you sit down whether

you're watching my live stream someone

else's live stream or you're doing your

own model you're in tre okay because

it's very very important that you have a

real reason of why you're doing it some

of you are here just want to see me do

something and and it not pan out just so

we can go on social media and get some

CPS and likes and some you interactions

because you need to get your grocery

bill and that's fine

but I'm not here to do those types of

things I'm not here to brag I'm not here

to post and yes I'm going to win the

robins cup to stop sending me emails

okay just I got plenty of time for that

don't worry about it it's in the bag

trust me on that I told you all I would

give you a drama i' would give you a

tragedy I give you a tear jerker but at

the end of the year it's my name at the

top of that list okay so just just just

relax keep making your videos because

you look stupid expose ICT filed Robin's

Cup this going to make it even better

but anyway our focus is going to be

primarily on the NASDAQ today but in

this mentorship I will go back to

talking about Forex because I know a lot

of you are stuck in that asset class

okay even though I'm not interested in

pushing any orders through that market

anymore I will cover some of the things

that are Salient to that individual

asset class when it is appropriate but

it's not appropriate right now because

right now I want you to think about what

it is you should doing before you are

trying to trade before you're trying to

trade with your funded accounts or

trying to pass combines or whatnot um

full disclosure I talked to Caleb and I

asked him you what his intentions were

what he wants to do what he's willing to

do U he wants to share and document his

progress so he'll be doing a a YouTube

channel so when I teach um I'm talking

he's not with me right now but he's

listening and watching you are so the

things I'm talking about in this is

going to

be my suggestion to you if you maybe

you've watched some of my videos maybe

you watched a lot of my videos and you

just don't know what to do or where to

begin or what to do right now what do I

do right now because it's very daunting

seeing how many videos I have and all

these different concepts and all these

different things these moving Parts it's

it's very

intimidating and I get it but it's it's

meant to be a compendium meaning it's

like it's my entire Encyclopedia of what

I'm willing to give to the public so you

can go and you can build your own model

so I'm going to show my son how he

should do it correctly this time where

it's step by step dad's going to be

explaining it live so that way there's

no hindsight stuff not that it was ever

hindsight when I was teaching and he

would watch me push the button right in

front of him he would see me explain I

think it's going to go here this is

where it's going to go next I don't want

to see it do this I don't want to do

that this is real mentorship okay it's

we're not going to be doing any Market

replay we're going to talk about Theory

and say now let me push the market

forward and watch what happens when you

had the benefit of already knowing what

it's going to do that is absolutely not

that's not mentorship that is absolutely

not teaching anybody anything and it

certainly doesn't Inspire trust in the

person that you're learning from because

they have the added benefit of knowing

what has already happened

so seeing live price action watching

data ticked without the benefit of

knowing what it's going to do is exactly

what you as a Trader are going to have

to encounter every single time you sit

in front of the charts you don't know

what's going to happen and right now is

a wonderful learning experience because

the climate is so statically charged

everything that's going on over the

Middle East right now they're going to

have reverberations throughout the

entire Market globally and probably in

your the woods where you live

so it increases the level of

responsibility on your part as someone

that wants to engage in these markets

because they're very risky and now add

to it the increased level and amplitude

of uncertainty where anything can

happen you know a bomb drops or series

of bombs drop in an

unexpected location and then boom

everything starts changing rapidly and

that fear and that Rush will be injected

into the

marketplace and they will use they being

the people that are in charge of price

action it's not the buying and selling

pressure that moves price and you'll

hear a lot about that as I go and I know

some of you don't like that I know some

of you don't believe in an algorithm I

know you believe that you know buyers

and sellers push price and that's fine

I'll leave you to that myth you want to

believe in fairy tales that's your

that's your business I'm not going to

try to wake you up from your dream sleep

tight price will do what it's going to

do because it's coded to do it based on

time okay and time is essential it's the

first Hallmark to when and why a market

should produce a displacement a run

whether it be impulsive whether it be

retracement whether it be

anything it's always going to be

delivered on the basis of time it's

going to move

at a specific time or a period of

time within 20 minutes that's a macro

and we're going to talk about those

things because I want to simplify it for

my son you all are getting that benefit

of seeing it hearing it and being

explained to you as if it were you being

Caleb I'm not hiding anything I just

sent him a text before I started I said

just stop texting me I'm doing it live

right now don't talk to me in the text

because you're going to distract me okay

so there's no secret texting going on

there's no conversation behind the

scenes everything you see and experience

while I'm doing these live streams is

exactly what he's digesting the same way

and the things that I'm going to

encourage him to do my suggestion is to

try it for yourself and you're going to

see everything that I taught is

absolutely not

complicated the complication comes from

people that want to take my stuff they

want to water it down to a one two3 a

pattern so they can go out to Amazon and

write a book there's dozens of books

about in them and I'm quite certain all

of them are wrong but it's a cash grab

because my name's big right

now it won't be forever and somebody

else will become something interesting

and and and that'll be the new Buzz

thing but right

now the problem with it the community

that has any interest in me is either

they want to do the gacha about me

because it gives them grocery m

or they want to learn from me and then

say they don't learn from me but they

talk with my vernacular they use all my

terms they tra just like me but they say

they don't and they do

mentorships

so if you're one of those individuals

I'm going to help you too not because I

want to but because it's going to be a

default it's it's going to be a default

uh response to you being here because

you're going to learn how to finally do

it instead of attending instead of

talking about and teaching through

Market replay okay

um I asked my son what his interest was

he doesn't want me to give him money to

trade with which is good that's cool so

I asked him what his intentions were and

he said are you going to go through like

a Prof again and he said he was going to

use TOP Step now for

disclosure uh if anyone if anyone from

Top step is listening I don't know if

they do or don't I know I have students

in my mentorship that are affiliated

with them um directly not just users of

it but they have no connection to me

they have no connection to my son Caleb

there is no affiliate links okay I have

no connection with TOP Step I did not

ask them to be a partner with me I they

didn't ask me to be a partner with them

I'm not trying to push any of you to

their company I personally would not TR

with with the company like any of them I

I just I I personally wouldn't do it I'm

just stating full disclosure while my

son learns how to do this when he feels

equipped to do that

again he will then use top step to do a

uh a funded account so that way

everything could be seen through the

lens of that instrument so you can see

what he's doing when he's making money

when he's not making money if he does

any withdrawals and gets payouts you'll

see all that stuff okay so it's kind of

like a a test tube baby experiment he's

completely he says he is we'll see what

happens when we do a little further

along but he says he's comfortable with

disclosing all of it and he wants to put

it on his own YouTube channel and why

does he want to do that because I'm GNA

I'm want to kill that real quick I know

a lot of you are psted up and your

paintings are on a bunch oh if he's so

good and he's your son he shouldn't need

to do all these things well here's what

he's doing he's working a job just like

you are you're working a job but you're

probably on other people's YouTube

channels and you're trolling people and

you're on those social media trolling

because you're miserable because you

don't have any money dad's not giving

him any money he doesn't want Dad to

give him money he wants to do it on his

own stee I respect that that's exactly

what I want him to do I want all my kids

to do that I gave money to Cody and it

didn't help him so I learned my lesson

there so I make my kids

work if he knows there is an interest

and there's a huge interest in what my

kids are learning from me

directly so if I'm willing to teach him

that and he's willing to share that and

I'm comfortable with that because if he

makes a YouTube channel while he's

learning yes there will be ad Revenue

behind those videos that he puts up and

shows his his progress that's not

important right now in the grand scheme

of things because there isn't going to

be a whole lot of viewership I'm sure

initially there's going to be the morbid

curios of seeing him fail when he does

fail and they will be celebrated amongst

the social media networks okay that's

great that's that's that's good because

that draws a crowd but when he has his

Milestones where he grows and gets a

little bit more understanding and he

finds his successes and you hear him

explain what he struggles with when you

hear him explain what he felt Victorious

over and what he made a big deal out of

while he was first learning how to do it

and then he realizes it wasn't that big

of De

it will

personify the very things that I've

already taught and mentioned in Twitter

spaces where I would marless Council

encourage them but you think I'm talking

to you I'm talking to them and it feels

like we you and I have a intimate

relationship that I care about you on a

personal level because I'm speaking that

way to

them so you can tap into that same work

and or Hive mentality that I have

directed towards my own children by

going through this

mentorship it will be over life price

setion it'll

be real experience that way you can see

what it is that you should be doing and

try at my best try to steer you away

from the things that you're probably

going to want to be doing but they're

going to be detrimental to your

development and this first lecture is

number one your mindset going into and

then how we set up our starts what we're

looking for to start a baseline to

determine what type of Trader you're

going to be because it's real important

that I don't push you into a mode Caleb

needs to tell me what he wants to do and

then once he finds out what that is and

I'm going to teach how to determine what

that is for yourself today too because

if you don't have that direction if you

don't have that pathway you're going to

waste a lot of time you're going to

chase things you're going to worry about

things that are not important it's going

to actually slow your growth it'll slow

down your productivity and it'll hold

you back and there's nothing more

challenging than feeling like you're not

doing enough in trading because no

matter if you're making money or not you

know what it's like if you've made any

money whether it be a demo account you

dabbling around with it or you tried to

fund it accounts and you got lucky you

got a pay out and then now you never can

do it again what

changed nothing changed you just got

lucky doing something that had no

bearing on what you should be doing

consistently going forward it was just

an aition it's something that you it

just

happened but now you have attributed to

well that's that's that's skill and

we're going to show how you develop real

skill so that way you can produce a

consistent Baseline to to evaluate okay

do I want to be a

Trader that focuses on long-term Trend

directional moves

and only trading in that direction or do

I look for periods where even in those

longterm daily and weekly

movements where can I see potential

intermediate term or short-term

retracements because I understand the

trend may be going in One Direction but

it's something I don't trust to be be a

part of because maybe you've tried

entering on Trend models and they burn

you and they retrace deeply against you

and you feel

more comfortable fading those types of

moves I'm going to teach on that topic

as well so that way you'll have reversal

patterns Turtle suit real Turtle suit

not Twitter wish versions of it the idea

of knowing where the market should

retrace

deeper maybe even the basis of retracing

to set up a long-term Trend model entry

to get in sync with that daily and or

weekly Direction so it's a it's real

important that you have some input

initially not just take everything I'm

saying writing it down in your notes and

saying okay I'm going to do this this

this this this and I'm going to file to

the letter of the law and then it's

going to give me what I'm looking for

there we're in that gray area initially

where you have the responsibility

because if you don't do this part

correctly everything you do after this

holds you up and it's not because my

stuff doesn't work doesn't mean that I'm

not a good teacher doesn't mean that

that you can't consistently profitable

it just means that you screwed up and

didn't listen to this first lesson you

have to

determine what you're going to do as a

Trader and then whatever that is you

bloom there you plant yourself in that

you don't care what Caleb does you don't

care what I do you don't care what every

one of my other students do that live

stream and do it right in front of you

you don't care what anybody else is

doing even outside of my circle of

influence whatever they're doing whether

they're being profitable not that's none

of your business you're going to have no

bearing on their outcome or their

results you're not going to make them

more money you're not going to prevent

them from being profitable so why waste

any time trying to do that don't try to

copy cut anybody don't try to do that

the things that you should try to copy

is the mindset about what I'm going to

cover in terms of reading price very

specific generic things that are

absolutely not complicated folks it is

not complicated

complication comes when people want to

try to dilute it to make it look like it

really isn't my Concepts or my teachings

or my

lectures that's what makes it

complicated that's why everybody asks

for my slides from the mentorship that's

why everybody says talk little you talk

too much because most of them are not

English speaking individuals and they

want to translate it into their local

language and if you are running a

YouTube channel I'm going to toss this

in real quick if you're doing a YouTube

channel and there's a dozen of you right

now that I'm getting R into copyright

strikes against you're translating all

of my mentorship videos into your local

language and I don't give you permission

to do that I've already taken down

several channels that have done that and

you can be mad at me you can send me

hate mail you can do all those things

and be mad at me about that but I've

already said that I don't give you

permission to do that you know if if you

want to do that go write a book on

Amazon that's what people have done okay

I can't stop you from doing that and

everybody wants apparently wants to buy

them so go ahead and go that but you

don't have my permission to take the the

work the time and effort I put into

making charts the lectures the graphics

all those things I did that on my own

you don't have you don't have the rights

to use them so uh you're all going to

lose your app Revenue in that and I

don't feel bad for you because I already

wanted you ahead of time so no you don't

have the permission to do that but Caleb

will have whatever he gets in terms of

AD Revenue to help meet his bills while

he works his job and it helps alleviate

some of those things that plague people

while they're trying to learn which is I

need to make money real fast because you

can't force being profitable you can't

do it folks you absolutely cannot do it

and I said this in my mentorship to my

students I said listen one of the best

things you can do is create another

stream of income and I gave them

permission that hey look if you want to

go out and live stream not teach that

was when I was doing the mentorship

go out and and show on a live stream and

monetize it that your development is

here here's what I'm trying to do I'm

trying to be profitable and I'm going to

trade the Forex Market or I'm going to

trade you know futures or whatever is

you know some of them trade crypto I

don't like crypto but it is what it is

the uh by the way did you hear about

crypto or Trump came out and said he was

going to make America like the the hubs

for Bitcoin all of a sudden Bitcoin fell

out of bed that's interesting isn't it

but anyway I encourage my

students to live stream to get a

secondary income because that passive

secondary income can be a way of

maneuvering the fear and anxiety away

from you needing to be perfect in your

traits which is absolutely

toxic absolutely toxic you cannot have

that mindset as a Trader you can't do

that you have to invite the opportunity

for you to be wrong and then it doesn't

sound productive it sounds

counterintuitive to say okay I invite

myself to be incorrect about what my

assumptions are about the price action

right now and when I go into a trade

when you go into a trade as soon as you

enter that trade you've completely given

the

responsibility of the outcome to the

market

you don't have any assurity that your

stock loss is going to get you out at

that price you don't have that

promise that guarantee the market could

happen especially in the conditions we

have right now where a bomb a war can

break out in an undisclosed location

boom unexpected events bang you have a

huge gap and it could Gap Way Beyond

where your stop loss is and guess what

folks that risk is always there that's

why every brokerage firm makes you sign

these risk disclosures because that's

what can happen and when it happens you

want to sue The Brokerage company you

want to sue this one and Sue that one

because the unexpected happen and for

individuals that trade with extreme

leverage that would never do that with a

real account but they were doing it with

their funded account because all they

got to do is pay the reset or they get

free free resets because they having an

affiliate program with one of these

companies it kind of promotes the wrong

wrong idea okay it doesn't matter how

many times you can show that you did

something right

here but it you're constantly restarting

these new accounts you if you're an

influencer and you keep doing that

you're actually having a detrimental

impact on your viewership because

knowing that people have

selective vision and selective hearing

they're attracted to when it's right and

when it makes money so therefore I want

to be like this person because look what

they just made but you're not disclosing

the entirety behind everything and I

just blew 25 accounts or I just had to

reset 16 accounts because every one of

them got blew

out it kind of It kind of defeats the

whole premise behind what is it you're

doing following them except for just

entertainment value so I'm trying not to

be um anything but straight nuts and

bolts this is what you're supposed to be

focusing on but if I don't lay the

groundw work initially on the first

discussion here in the first 20 minutes

so you won't know what we're doing and

you'll just be watching for something

and anticipating or trying to predict

what it is I'm going to say next and

that's not going to be helpful to you in

fact it'll probably be very frustrating

for you and you'll either turn off and

go watch the The Usual Suspects on on my

uh live streaming or you'll just walk

away and you'll do nothing with it and

maybe you'll come back to this live

stream at a later time but you'll still

have this better bitter taste in your

mouth and you won't be willing to write

down the things I'm talking about and

preparing yourself you have to

absolutely prepare yourself to learn

properly and if you don't have that

mindset going in everything you do

everything you focus on will be the

wrong

things they they'll all be doing things

that

are you know moving towards um

consistently profitable that that's

that's the number one goal whether it be

learning from me or learning from anyone

else it's it's

not aach that is outside your grasp

right now it might be because you're

brand

new but if you do the things that I'm

going to suggest to my

son and he doesn't Rush he doesn't rush

to go and try to pass a combine he

doesn't rush to get a payout he doesn't

try to trade every single fluctuation in

price he doesn't try to do everything

that I've made available to all of you

which is what most of my students try to

do they all dabble too

much and if you simply go through this

simple question and answer for yourself

right now are you someone now if you're

not paying attention right now you're

distracted you're going to miss

it but the type of person you are right

now are you someone if someone says to

you uh I don't think this is possible

and it doesn't necessarily be trading I

don't think this is possible or I don't

think that you can do that are you

someone that says they're probably

right

or I'm going to show this person they're

wrong and I'm going to show them 12 ways

that why they're wrong and I'm going to

do beyond what they thought I said I was

going to do or I could do and they said

I couldn't do I'm going to do more than

that okay because right now we're going

to divide you all as an audience because

either you're going to be someone that's

going to be

influenced and held back by someone

else's opinion or suggestion on you or

maybe you've watched someone else

receive

criticism okay you've watched other

people receive criticism and then you

somehow latch on to that like it was

told to you and you

feel emotional about it and you have a

psychological response and it was never

directed to you but you personify it and

personalize it to

yourself that very

telling that is a barrier for you as a

Trader you may not realize it right now

but Friday I'm going to cover the

contrasts of all that you may not know

the answers to these things right now

today because you want to think about

what I'm going to tell you and you all

want to be able to say yeah I want to be

the guy or gal that says if you can't do

this I'm going to prove it to them and

I'm going to do this and do that chances

are every male list is probably going to

be wanting to do that but in you in

honesty all of you aren't really like

that you're influenced by other people's

opinion and it makes you feel unsure

about yourself it may be causing anxiety

it may feel embarrassment you may feel

like you don't feel you're going to do

well because of someone else's opinion

about

or you have that spark that inspiration

that well kicking the uh the hinder

Parts if you will to to now do something

because it's a challenge that's been

laid in your hands like now this is what

it's like for for me when I listen to

other people when they say this can't be

done or no one can do that I am the

person my personality is is you tell me

that that can't be done or that I can't

do something I immediately my mind

immediately switches on I'm in Predator

mode like I'm in there looking for every

way to come back at them and say this is

how you're wrong and you were wrong here

and you were wrong here and you were

wrong there and you were wrong there

here there

everywhere and I want to bury them in it

that's my mentality and that's not a

strength that's just how I interact with

outside

influences and that stems from a

childhood that I had no control over the

factors and environments that I was left

in which were dangerous and they were

hostile so as an adult now I seek

control all the time I am a control

freak everything in every aspect of my

life I have to have control over it if I

don't have any control over it I am I

have no interest in it that's my pre

that's my disposition that's that's how

am you may not be that way you may be

very very passive and you may be very

lethargic in terms of responding to

things that are met as a challenge

towards you and you may be using that

very perception about the marketplace

and that's your hindrance that's the

barrier that you have to if you have

that mentality you're going to have to

break through that and it's not going to

be easy for you because what you're

seeing

is most people fail doing this most

people are not consistent most people

can't even determine where the Mark's

going to go let alone get in

stopped out or man it's risk appropriate

that's the majority that's the truth

about this industry very very very few

people can do this

consistently and you know this but

you're still willing to watch videos

you're still willing to try to practice

and and Dabble because you're waiting

for some kind of magical thing occur

where it just it clicks for you with no

real effort with no real study with no

real blogging and journaling you think

it's going to happen for you that's not

realistic so part of this mentorship

will

be using

the the tools and resources of

journaling properly but what is it

you're supposed to be journaling anyway

because if you're if you don't know what

you're doing you don't know where the

Market's going to go next because you

don't know bias you don't know profiling

you don't know session characteristics

day of week

characteristics uh seasonal tendencies

All Those things I'm going to present it

in a nice neat little package but it

cannot be done in one video I don't I

don't care how many people go on YouTube

and try to say I watched all of ict's

videos and now I'm G to show you in five

minutes how you can do it you want to do

that I promise you okay here it is

$500,000 okay go out there you don't

know what you're doing right now go out

there and watch the one of the five

minute trainer YouTubers okay and you

got four weeks to pass a combine and

make $100,000 by the end of the year if

you can prove that I will give you

$500,000 I will drive to your location

as long as you're in in the states I

will drive because I don't fly I'll

drive to your place and you can live

stream me live stream me giving you a

$500,000 Bank check okay that stuff

doesn't work folks you're going to have

to put some real effort into it you

can't condense it you can't reduce it

down okay and a lot of people don't

realize but you what I just did I just

made a lot of those guys mad and now

they're going to really do the little

micro mentorships and really what that

does is going to bring more traction

back to this mentorship because they're

going to work for free but anyway see

that everything's predetermined he's

monical he's a masteron he's

diabolical

anyway the very first step is for you to

determine where you are mentally and

then determine ahead of time preparing

yourself what adversities are going to

be in front of you for the folks that

are saying okay you say I can't do this

this or someone else is saying that you

can't do this you're going to go at at

100 m

net that's that's good that you have

confidence in yourself but the problem

is you're going to overstep that and

become overconfident and then as soon as

you're met with that first

adversity it's going to really hold you

down and it's going to cause you to

second guess the next step of stepping

out there in faith in determining what

it is that you're trying to do or

practicing and then what you end up

doing is the initial strength is I'm

strong I'm confident and nobody's going

to tell me I can't do it I'm going to do

it better than I would have done it if

they would just invited me to do it

casually but now because he said I

couldn't do it I'm GNA do a superhuman

Olympic feat of it and by doing that

what you end up doing is you increase

the level of adversity the difficulty

you put a time limit on it which is the

worst thing in the world to do you

absolutely put a a time limit on how

fast you should learn how to do

something as soon as someone starts

telling you I'm going to teach you how

to do ICT or anything else in this

number of days absolutely I promise you

they are full of grade a

manure they're lying to you that's

clicks for money they want you to either

buy something they're going to upsell to

you later on or they want you to keep

watching their videos that are not going

to help you they may be entertaining but

they're not going to supercharge your

understanding they're not going to make

you faster at learning it okay the only

thing they're doing is trying to

capitalize on a market that's huge right

now which is Tik Tock mentality you know

10c 15c 30 second uh time span of

attention span and I I have no patience

for anyone zero patience for anyone as a

student that thinks like that I broom

them quickly I get them out of my face I

don't want to have any interaction with

them because you're absolutely lazy

you're absolutely lazy you want it easy

you want it real fast and you have

unrealistic expectations and anyone that

Hason sense will tell you that that is

someone that will not be successful

period and the story if you don't want

to warm up the idea to how how to do

this properly and

understand really understand that's what

mentorship is understanding how you're

going to most likely in interact with

the marketplace what's a reasonable

response to you for you feeling this way

or that way should the market produce an

outcome that was either favorable or not

favorable for you how are you going

interact with let's say the first time

you sit down and you try to test

something and it takes off and runs like

150 Handles in the nasda

that what's that going to feel like for

you you're going to feel ecstatic you're

going to be excited and you're going to

feel like wow this is a whole lot easier

than I thought and that's

wrong but see that's the problem with

these 20 year olds that teach they want

you to have the emotional stimuli

because that emotional stimuli gives you

rush it's dopamine it's it gives you

that physical Feelgood butterfly moment

that does not

last it will not last 10 minutes later

you're not buzzing by that right call

that you made that demo trade that you

made or that just past your combine you

all think that I got to get my combine

passed and then I can start trading an

account where I can make profitable

trades so you're will to do everything

and anything just to gamble to get it

past and then once you get there you

think it's going to be easy when it

becomes extremely much more difficult

because now you don't want to lose that

past funded

account and every Candlestick looks like

a foreign language to you even if you

understand certain elements of reading

price action it will look completely

different you won't feel comfortable

pushing a button because now you're

thinking if I get in right here what if

it goes down to here or what if it goes

this to this High here where do I put my

stop loss I don't want to get stopped

out but I gota use a stop and see what

are you doing you're trying to protect

yourself from a losing trade because

that losing trade even if it's small in

denomination if it's small in amount of

really you dollar

risk the lasting impact in the depths of

how far it digs into your

backside it's monstrous because you're

creating a demon you're manifesting your

worst adversary because you didn't do

everything that I'm suggesting as a

starting point right now It prepares you

for this what do you think basic

training is for when people go to the

military it's to get the person

physically fit get them introduced to

constant disruption

constant mental fatigue so that way

they're not shell shocked and they get

out on the battlefield and freeze up

they're used to being treated like trash

worked out

fatigued run them work them hard talk

down to them there's no hope there's no

hope while you're in basic training well

this is what this is like here this is

basic training I'm not going to sugar

coat it for you Millennials I'm not

going to be nice to you and say honey

it's going to be okay let me hold you

let me hold you close and cuddle you

ict's got you baby ict's got you it's

okay it's okay that's not what this is

you want to learn how to trade you want

to be consistently profitable ICT is not

going to be rubbing your shoulders for

you okay and powdering your ass when the

Market's in front of you and you're

ready to take a trade and it's all on

you I'm not going to be there you have

to be able to do this on your own you

have to be able to do this

absolutely isolated you have to be an

island unto yourself when everybody else

is on social media saying they want to

do one thing or the other and you look

at your model saying I don't see that

you got to be completely comfortable

with that not for the basis of Simply

being a contan

alone but for the basis of okay I

understand what I'm looking for and this

is just further confirmation that the

herd of sheep out there are expecting

this so I know I have a lead pipe sense

trade now because every time Dick and

Harry out there is wanting the market to

go to this level or this direction

and here I am sitting confidently

waiting for a setup that's completely

diametrically opposed to what they

expect that's one of the things that I

take great comfort in watching live

streamers

because sometimes they get it right

that's fine most of the time they aren't

and the times that I'm looking for

something before I even start looking at

their live stream if it's opposed to

what I'm expecting it's a dead deal it's

over I know I'm I know I'm I'm on I'm

over the target I know I'm right and

that's not the goal here but I know I'm

going to use the maximum leverage okay

so whatever my maximum leverage would be

for that individual asset class or that

market I would be comfortable doing that

but initially when you first want to do

this you want to be trading listen folks

I know this is going to be unpopular but

you want to be trading with a

micro just because that funded account

says I can trade five contracts of the

NASDAQ with

$3,000 of a cushion I want you to hear

this okay and I mean this sincerely and

I'm not trying to be funny about it but

if you're trading more than one

contract of a micro with

3,000 cushion and you're not consistent

in cwow and you don't know what you're

doing you're absolutely gambling and

gamblers don't last long

you can gamble there's a lot of people

over the years with all these fund of

account companies I've had students

that's done this too paid mentorship

students that have gone through it they

passed combines they got paid out and

then they lost it and then it completely

undid them and they can't get it back

and they can't he can't pass another

combine why what what happened did the

concept stop working did they change the

algorithm no now they have baggage they

have scar tissue and now the lessons I

taught in those Twitter spaces over the

last couple years and now I'm not on

Twitter the the depths of where I was

trying to take you a lot of you haven't

gone to those places yet in your trading

so the lessons just went rid of your

head it doesn't apply to me but for

anyone that has actually tried to trade

with real money or had a live account or

a funded account and has taken

withdrawals from the marketplace

and then they lost it now those Twitter

spaces now those talking points those

lectures like we're doing right here

they are much more meaningful and

they're impactful and they are

helpful but when you have a millennial

that wants to go out here and say look

man this guy's full of crap you know

he's he's he's talking too much he ain't

done anything he ain't pushing any

buttons how am I gonna learn from

somebody like that I need somebody going

show me what to do so I can copy them

that's me learning no that's not you

learning that's how you grow codependent

and I don't want any of you to be

codependent I want you to be able to

walk out there and say this is what I

see potentially unfolding in the

marketplace today so I'm going to build

an idea on how the market May in fact

set this up and if I understand that

this is where it's likely to go now what

I mean by that is where's the draw and

liquidity where's the market likely to

go you know what are we looking for in

terms of potential expectations and

where the market could trade to and that

could be something like this we go

to we have relative equal highs right

here okay very simple

smooth price level the Market's gone

down a

lot several thousand handles okay we had

a huge gap new week opening Gap here so

where we settled on Friday and where we

opened on Sunday at six o'clock last

night Eastern Time in the states that

new week opening Gap that's a draw on

liquidity but we don't need it to trade

all the way up to there so where is the

lwh hanging fruit objectives for just

short-term

bias this is what I'm teaching you Caleb

initially I want you to think about

where the market could draw to right now

where it could go to

next and what that does is it gives you

something to focus on and it also gives

you a way of

measuring every individual candles

formation and what your expectation is

as it's forming and what the next

candles should do and how they behave

and what it feels like for you when you

do this

because whether you want to admit it or

not when you're first

starting the majority of your time is

going to be spent in

uncertainty in times of confusion it's

going to be

fearful it's going to

be well it's going to feel

very

anxious you you'll feel anxious you may

even start feeling body symptoms of

tingling lightheadedness feel like

you're going to get sick and you may

still only be in a demo because what

you're doing is you're elevating the

outcome to a level that

is not expected you don't need to put

that much pressure on you in fact if

that's how you're thinking it's normal

for you to feel that when you first

start trading with a real account that's

a normal thing but there's no way around

it there's no way around that first

trade with real money that fear that

anxiety is something you just have to

you have to engage it and that's why I

say soon as you get a live count first

thing you should do is flip a quarter

lowest leverage if it's tails you buy it

if it's heads you sell short or vice

versa you do the smallest and put a 15

Point stop on it and just let it happen

to you and get it break the ice and Let

It Go but see a lot of you if not all of

you you you want your first trade to be

a winner because you think it's a a jinx

okay it's somehow a an invitation for

failure if your first trade with your

real account loses money like that

somehow defines your entire career it

doesn't it's just one

transaction but the way you overcome

that is spending time without pushing a

button studying where price can go and

that's this we

have the short term High here post 830

meaning after we had

830 right here we have 836 so the market

went below these relative equal lows so

any liquidity below that they disrupted

that and then took it above this

short-term High took it above this

short-term high and traded right inside

this car value got right there

so when you're watching price Caleb

you're looking for how the market

Maneuvers and

trades in books between obvious price

levels with old highs old

lows and

inefficiencies there are the only two

things you're worried about you're not

trying to predict a direction on the day

you're not trying to be right about 50

handle runs you're just studying

observing

okay this down Clos candle here after

taking out the liquidity and then we

have displacement here displacement is

where the market runs against

a pre session pre day pre Trend or Price

swing Direction

it's a counter move to what's already

been in play so the market has dropped

here and then we moved aggressively

above the short-term high this High

being traded above there we go back down

to this down closed candle that down

Clos candle is a order block we have

displacement it took liquidity and the

market has been one directional now what

makes that order block specifically is

it is has happened post 8:30 now it

could have formed right at 8:30

because 8:30 the algorithm will start

spooling for liquidity or inefficiencies

one or the other now in the beginning

you're going to want to know you're

probably asking right now can you just

tell us what is it going to reach for is

it going to go for an old high or old

low or is it going to go for a fair

value Gap above or

below

both it's going to go for

both does that complicate it no now to

further strip away the you're adding to

it right now you're bringing all these

things but what if the co I didn't say

anything about a

coot yeah but what happens if the did I

say anything about those things that

you're thinking right now no they're not

important the only thing we're doing is

we're sitting down at a

time a time when the market is

predisposed that means it's most likely

going to do this and it will do it

unless some unexpected

event where manual intervention steps in

and you don't know and I don't know when

that's going to happen what does it look

like when the market just starts

going and it starts going One Direction

and it doesn't

stop it doesn't go up a little bit come

back a little bit up a little bit come

back a littleit that's that's market

Standard

delivery intervention is Think Like

fomc think like

CPI think like non-farm

payroll where if you're wrong if you're

offside right when it hits the market

you're

dead that's what manual intervention

looks like there are many

times untradeable it it takes off so

fast you you

reasonably no not reasonable you're

you're it's unreasonable for you to

assume that you can trade that once it

starts because you're literally chasing

the wind and you're never going to catch

it you're just going to frustrate

yourself and get placed very poorly and

you're going to be in a trade that's

going to be highly anxious and stressful

and that's not trading that's gambling

okay so when we look at individuals sit

up setups like this you want to sit down

in front of the marketplace right before

8:30 okay

preferably 8:00 and you want to look at

where the highs and the lows are in in

Defence to the one minute chart in a

15minute time so I'm G change this chart

over to 15 so here's what 15 minute

looks like

here and if you look at where we came

from see this high at 7 o'clock in the

morning that's this high right there see

it on the right chart so this chart this

larger chart here is the one minute and

this is the 15 minute time

15 five one minute those are your first

three time frames to worry about okay I

shouldn't say worried because it's kind

of us subconscious concern that you need

to worry about it you don't need to

worry about it but the levels and

inefficiencies on the 15 minute time

frame the five minute time frame and the

one minute time frame if you're brand

new you don't know how to trade ICT you

don't have to trade price action you

don't have to trade period okay you

don't need any other time frame okay you

don't need anything else you don't need

a daily chart you don't need an hourly

chart you don't need a 31 minute chart

you don't need a 17 minute chart you

don't need a 15c chart you don't need

anything below a one minute chart you

don't need anything else to do what I'm

going to teach you okay this is what

you're doing you're studying price at

specific times of the day if you're not

writing this part down you're blowing it

already so between 8:00 and 8:30 in the

morning New York local time or Eastern

Standard Time

in the

US everything I mentioned in terms of

time if it's the

time that matches New York local time so

set a clock if you have your smartphone

there's a way that you can pull up world

time and put one in there for New York

and you'll always know what time ICT is

saying to look for these things to

happen because they're never going to

not be

there write that down again okay and

underline it this is always absolutely

without fail it's never not going to do

it it's always every single effing day

it's going to do this very thing it's

going to do it it's going to absolutely

do it because there is an algorithm and

it does this to spur on emotional

interest or tangible orders that are

actually sitting out there real orders

that are sitting above and below or

inside of inefficiencies where the

market needs to offer fair value to the

marketplace so what is it reaching for

it's reaching for old highs old lows and

inefficiencies that's the fair value Gap

C VY that thing so once we know that the

market is likely to do these things

that's a characteristic it's an

algorithmic characteristic you don't

need anything else besides this

element as the Foundation to what you're

trying to

trade and you can make all the money

you'd ever

want I'm going to say that again in case

you missed it you're trying to find

right now you want the daily bias and

you want to be able to buy below the

open and hold for the whole entire day

but are you really doing those things

when you try to trade no as soon as you

get 10 handles or 10 Pips or whatever

you you start struggling with holding on

to the

trade you're paranoid that that winning

trade you just found out just fell into

your lap oh my goodness this I'm winning

this this is something new I need to

secure this but then you're you're

thinking oh wait a minute I'm suppos be

holding for the daily range and now

you're wrestling and that becomes a real

hard wrestling match doesn't it makes

you feel nauseous and if anybody tries

to talk to you even if they love you

your spouse your girlfriend your

boyfriend your child your dog comes over

nuzzles up next to you any other time

you're like oh this time get away from

can't you see I'm trying to worry about

this 10 pip handles

[Music]

move the weight of the world is on my

shoulders right now and you're coming at

me with

this you know what it means you're

stressing out why why would you have

that

response folks listening to headphones

like oh man this guy you're awake now

aren't

you but that's the reality that's what

it's like and you'll feel it if you

never been there you'll feel it

but the reason why you feel that is

because you don't know what you're

doing you haven't done this part long

enough where you're completely

desensitized to okay I'm doing this

exercise to get comfortable with

anticipating price moves I'm getting

comfortable with not knowing what it's

going to do next candle this candle five

candles from now but I think it's going

to draw to specific price

levels so if it clears that shortterm

low we talked about what's it going to

reach into we have this inefficiency

here how long does it take to do that

and then you record you screenshot this

and you say okay well it took one two

three four five six

candles from this volume

imbalance to run above this short ter

high and get into this C which is a sell

side and balance bu side efficiency a

fair value gut that has a down close is

a Civ okay a fair value Gap that has a

close is a bissy b c efficiency so what

you're doing is you're measuring because

you have zero Baseline experience you

have no continuity and what is you're

reaching for looking for in price action

and you study how long it took and you

record that many this many minutes and

you also are honestly going to record in

your Journal within the screenshot like

like maybe over here or somewhere over

here you're going to record what it felt

for you

physically were you anxious did you

second guess that it was going to run

there did you feel excited the entire

time were you impatient that you thought

it should have moved there sooner and

faster did certain candle formations

cause you to you doubt it did you have a

point at which you thought that this was

given another opportunity to trade

to or not trade to but offer another

entry like say for instance if you want

to Pyramid pyramiding should not be part

of your repertoire yet that's something

that you need to be doing maybe a year

after trading with one contract oh come

on you want to learn how to do it

correctly this is the way you do it

there's all kinds of time and

opportunity for pyramided trades but you

first have to get good at trading with

one micro

contract one micro contract because what

that does is it removes

hopefully this is the only thing you can

do to to fend off the greed and

fear you can't blow the account if you

trade with one

micro and you only take one trade a

day you there it's physically impossible

for you to go out there on day one and

blow the account

see that's what your your subconscious

is fearful of I don't want to blow the

account I don't want to have a big

losing trade I don't want to go into big

draw down okay that's easy don't over

leverage your account and don't take

more than one trade a day but ICT but

ICT nothing if you want to be able to do

correctly you have to do things with a

process there has to be a logic behind

it there has to be some measure of rule

based thinking and then you have to

adhere to that if you don't want to

adhere to rules I promise you you're

going to lose you're going to fail and

you're going to blame me you're going to

blame everybody else you're going to

blame the the prop firm you're going to

blame the brokerage firm you're going to

blame everything but

you I knew this because I did the same

thing as a 20-year-old I did the same

thing numerous times I have

students that repeat the same thing

they've sent me hate mail years ago oh

you you didn't teach me right this blah

blah blah and then later on they went

through it properly and then they send

me emails apologizing it was it was a

mistake on my part ICT I didn't listen I

went back and relistened to it all and I

made all the mistakes you said I was

going to make if I didn't listen and

just plunged ahead and did what I wanted

to do now I did it the right way I

listened to what you were expecting in

terms

of a properly mindset student that

follows the rules and accepts the the

diversities initially they're normal

they're all normal growing

paints but see you're trying to be the

ex exception you don't want it to happen

to you you think it's going to be candy

bars and milkshakes and just everything

sweet and lovely and butterflies are

going to come land on your hand and

everything by God

no no no no no

no as soon as you push the button you're

asking the shark to take a leg

off you're asking that lion to take your

face off you're inviting it

that's what it is as soon as you enter

these markets you've entered the jungle

you've enter the Deep

Waters and honey everybody's hungry and

if you offer it up on a silver platter

they're going to take it and eat it and

you can't be upset about it that's the

that's the that's the the the currency

here yours or mine mine or

yours that's it it doesn't matter how

anybody else trades it's are you

liquidity right

now are you liquidity because if you're

liquidity you're

lunch I go in and I'm looking for lunch

I'm looking for the liquidity I'm

looking for reasons why the market will

trade to this level why it could

potentially trade to this level but I

don't need it to trade for

instance this is the draw on liquidity

draw on liquidity is just a

initial reasonable assumption on our

part to determine a directional move

that could unfold it does not mean and

it does not define the absolute

terminous to a price Run for the be all

end all

Target in in planer

terms the Market's probably going to

keep moving until it gets to this level

it doesn't mean that it can't have

retracements lower it doesn't mean that

it can't make a lower low than it's done

here highly unlikely but it's still a

initial idea so when you're first trying

to learn how to read these markets and

you're first trying to determine where

the Market's likely to go you have to

strip away everything that you're trying

to force into reading every single

individual

Candlestick and if you watch a lot of my

videos or if you have a lot of notes or

you've dabbled in things chances are you

probably already have a pet technique

that you want to be yours and you may

not even be good at using it yet but you

just want it because it has a cool name

like a a Reaper fair value de you know I

talk that to my PR mentorship they're

like uh oh man that's GNA be my thing

that's gonna that's gonna be it for me

you know or Event Horizon which is the

midpoint between two uh two new week

opening gaps or New Day opening gaps and

because of the names

okay these names are meaningful to me

they're they're not meant to inspire you

to want to do them over another it's

just that's that's what I name I got 81

of these things so it's a way for me to

keep track of what its purpose was and

or it kind of puts a little stamp of

when I discovered it and something had a

impact on me and it was a cool name or

inspiration to it

so when we're looking at price is you as

a brand new student not knowing what to

do do you want to make this kind of like

game and a a discovery something fun not

a video game okay but it's a game of

determining does it have what it takes

to move to these highs

here a way of saying it to yourself

that's very disarming is okay I see how

this is

smooth these two Highs are relatively

equal that looks like a real nice

obvious flat space in

price we don't see that same flatness

down here you see

that so in other words if you had a

shark know if you had two sharks rather

you have two sharks in front of you one

has had its teeth

removed well that would be represented

something like this this is the shark

with no teeth it's basically the guns

okay there's no teeth there down

here there has been a shark attack how

do we know that because we can see the

wounds from the teeth the jaggedness the

jaggedness the jaggedness and now it's

going to another fre to another frenzy

or feeding where is that well we we've

just created one we have this High here

that's really close to this one you see

that so you observe price action and

you're looking for areas that look real

smooth and safe

where they say peace and safety sudden

destruction comes upon

them any time that you're looking at

Price action and it doesn't matter what

time frame you're looking at okay if

you're looking at it through the lens of

a second chart Sub sub one minute or a

weekly chart or a monthly chart or a

quarterly chart where it's three months

of data compressed in to make the

candlesticks it does not

matter this principle is always true the

market will go to an area of smoothness

for the purpose of disrupting any orders

that would be resting above or below it

we've already mentioned down

here now don't be

discouraged if you can't watch this

stuff real time and see it or outline in

advance it's okay for you to come home

for

work and look at your your your Parts

after the fact and go back and look at

this and study it as if you have

obviously the benefit of of hindsight

initially but you don't want to stay in

that very long so you're going to have

to prepare yourself some instruments

that allow you to watch price action not

with Market

replay look I am not a fan of Market

replay I absolutely loath it I hate it I

can't stand it and I wish it wasn't

available that's that I wish it wasn't

even available to anyone else because

it's a crutch that allows frauds to be

able to sound like they're smart and

teach something because it's already

happened if you can do it over life

price

action not just once in a while but

continuously and your audience or or

viewership can see this then you have

earned the right to have a voice and

then people should have no problemss

sitting and listening to you lecture and

talk about what you think's likely to

occur because you have a sound basis or

Foundation to what what it is that

you're talking about therefore because

you have a track of of being able to

talk about before it happens it removes

the anxiety that is reasonable for

everyone to have when they first sit

found this but when you as the student

and you don't have the ability to watch

it live because you have a job or may

you're in University or you sleep like

you have to sleep right

and your place in the world and your

general geographic location may not be

conducive for you to trade at 8:30 in

tomor New York local time you may have

to trade in the London session and yes

Virginia I will be up during the London

session doing one of these or two of

these lectures in a week or two okay so

we're not we're not focusing on one

specific time of Deb and I'll come back

to that section where I'll s write down

the times of De but when we looking at

initially you don't have to see this

real time to get a collection of

screenshots for your

Journal but if you don't do this and

journal and screenshot and annotate your

chart and study how long price runs took

place how many candles did it take to

move there was there any kind

of formation in the price delivery that

would have caused you to not trust it

unfolding now that's going to be very

hard for you to do because initially

especially the men they're always going

to say no I would have never second

guest it would it would have been easy

for me to hold on to that and these same

people when they get into a trade if

they ever were to do it in front of you

they don't have any conviction and

they're going to up and bail out on the

trade okay I gotta get out this I can't

stand the pressure it's moved five

handles but they call 30 handles or 50

hands above or below and they get out at

five hands because the pressure of it

not deing

what they expected to do and in

realizing a loss in front of someone

that's a lot more pressure for them and

they don't want to have that so what's

more important their image or them

following a model that they have seen

works and have trusted and did the back

testing and they have the data behind it

their image and that's not someone you

should learn from okay I'm just tossing

that out

so what we're looking for always the

first thing that you're looking looking

for Caleb is where is the market smooth

on the 15 the five and the one minute

chart is that complicated nope it's not

complicated at all it's real simple what

does it look like to be smooth well when

you have price levels that create highs

like this swing High

here and this swing High here they're

real close to one another see

that when you're looking for relative

equal High here's your secret weapon for

it okay how do you know it's a high

probability relative equal High that's

likely to get swept or traded through

how how do you know that ICT what

differentiates that from any other okay

it's

this if you have two swing highs if the

one to the left is slightly higher than

the right you have a very very high

probability that they're going to want

to take it above

there just like you see here we have a

high and then the swing here happens to

be just a little bit lower than that

here's what's going on this is called

priming okay priming is where you

continuously create Inspire or

manipulate the expectations of

a large number of investors and they

think oh it's going to go through that

high but then there's a lot of folks

that don't want to see it go there

because they went short so when the the

market goes up here and stops and turn

turns down what that does is it creates

a sympathetic

side the shorts are relaxing if the

shorts are relaxing what are they saying

they're saying that this is now what

resistance so anyone that takes a new

short

position where are they going to think

that the safest place to putli their

stop loss is going to be right above

these

highs why can we trust that they're

likely to take that relative equ High

out not that will that session that

you're trading but it's high probability

that this will be swept when the second

or the one to the right that swing high

is lower than the one to the left that

frames these two as relatively equal

okay same thing is occurring here we

have this High here this High here this

one being slightly lower than that one

so when the market went out like this

and we had this drop down what that

causes is a sympathetic

side what is that causing people anyone

that went short here they feel like

okay that's scary because it almost went

that high where their stop loss would be

if they're trying to go short in this

area see that so what do you think it

looks like when we have relative equal

lows what would be a high probability

relative equal low that the market is

likely to draw down and go below it

would be a low

that has a slightly

higher low in common terms it's you

refer as a failure swing okay so a

failure swing now a lot of people say oh

see he's just Reinventing no see what

you you're trying to trade that that's

what a failure swing is you're trying to

trade you long or short on that second

past that doesn't take out the low or

take out a a previous High that's

selling short of fairy swing okay what

I'm teaching you is is how to identify

in in price action where the algorithm

will refer back to and why what are the

what are the the central tenants as to

what the algorithm is referring to at a

specific time of day most important and

then it refers back to these because

okay it sees this High based on time and

then the higher high prior to that one

is here so it's very simple for the

algorithm to call that information as an

array and say okay this high was at this

time and this high was higher than prior

to it and they're in close proximity

what's the filter I'm not going to tell

you that but it's not very much in terms

of difference between the price and when

you have that element the market will

invariably start marching back to those

levels it does not matter matter it ABS

listen listen folks it does not matter

how many buyers are buying the market to

go up there and how many short sellers

okay the proof of it is is just look at

a depth of market look at a ladder okay

a Dom not a dome okay I'm so tired of

hearing people it's not a

dome do you see an e at the end of that

it's d o m it's a Dom okay depth of

market look at those orders

there's no imbalances there there's no

imbalances there's just as many short

orders below the market as there as

above but yet the market will still

march and March and March and March and

go to the Beet of the drum that I tell

you it does it reaches to these levels

because it's coded to do

this and if you do this for a couple

weeks you're going to see oh wow yeah

this this this feels artificial it feels

like it's it's designed to do these type

of things because they tends to repeat

every single day at specific times of

the day it will do this nobody go back

to the times

element every day between 8 o'clock in

the morning this is all always New York

local time okay so it's very important

you remember that we have new people

coming all the time and they'll say I

looked at this chart here and you told

me yeah but you're looking at it in

Bangladesh time okay I don't live in

Bangladesh I'm in the east coast of the

United States and the algorithm is on

New York local time I don't care what

anybody else tells you okay that's what

it's on period end the story you can

wrestle with it if you want but that's

just the way it is between 8 o00 and

8:30 in the morning you want to sit down

and determine where are the smooth

locations in price action on the 15

minute the five minute and the one

minute okay and we've had the 15 minute

on go down to a

five so right away you can see that this

High here is relative to that one and

this one here also with that this one

being slightly higher than that one so

there's a lot of liquidity that's

sitting at

17820 75 now real important it does not

mean that it has to happen during that

session it does not mean that and that

is the underlying risk that you assume

every single time you take a trade

you're looking for things that are going

to stack the odds of probability in your

favor it does not mean it's an absolute

guaranteed outcome see I have students

that literally take the time and waste

their time and writing me an email

sometimes they're like novels or

novelas and usually it's like three

paragraphs of congrat congratulating me

and and and worship and whatever and I

don't like that usually when I get that

kind of stuff I immedately this it's

push the email away I don't want you

looking up to me I don't want you

worshiping me I'm not the greatest of

all time I'm not the goat I'm not none

of those things I'm just a guy that has

a whole bunch of information and

experience and I want to share it with

you and I want to see what you do with

but these individuals will say you know

I need you to tell me how to uh make

sure that I don't have this wrong I only

want to take this P so how do I avoid

taking losing trades with a inversion

fair value G or a mitigation BL or the

breaker how do I know if it's a breaker

or if it's a shift in Market

structure well that's easy uh you have

to have a higher time frame premise and

the directional draw where the Market's

going to go and if you think it's going

to go higher um when you see the market

creating a short-term term um well

I'll give you an example here we have

the relative equal lows here and the

market drops you see that so this drop

down here every up close candle on this

time

frame all this right here that is your

breaker the most sensitive candle or

range is going to be the last up Clos

candle look at like

this that's this range low

and see where the body stopped right

there we Wick through it I'm not denying

that but the damage is always done by

the and the Range High

there that is your bullish breaker but

the range here from that up close candle

that starts all these

consecutive up closed candles all of

that is technically the bullish breaker

though the most sensitivity is going to

be seen in that last up close candle

that is not supplying to man that's not

that's not supplying to man Zone Sam

sidon would never ever ever refer to

what I just said never he would never do

that and he would never consider that

anyway because we're cutting through

candles because we're looking at what an

algorithm is doing not some Floor Trader

ticket Runners perception of something

that doesn't really exist so the turn

here at the bodies that tells you what

tells you the narrative so what is it

going to do it's going to go higher okay

so what at that time would you focus on

well you have the short-term High

here the inefficiency that's traded to

there we want to see it trade above it

and then act as what support which would

be a what inversion OFA to do that what

would it reach for

next this high and this inefficiency

does it do that yes what are the bodies

doing stopping just that same level here

and more specifically and my eyes didn't

notice this when I put it up here you

see that little

separation that's a volume imbalance go

back and listen to the other lectures

you have to include that volume

imbalance when you have clear that got

whether can this your

city you can see the bodies being

capsulated by that and now the market

trades back up into that the body's I'm

sorry the body's candlesticks are tra

inside efficiency it Wicks above it but

look where the bodies are stopping and

look where the bodies are over

here where's liquidity at below here

nothing in here this is all very

balanced price delivery because it's

back and forth every other candle is

overlapping the highest high and the

lowest low prear pretty

much kind of like coloring it very very

very good back and forth all this price

actions back and forth versus then we

have all these run where we have

separations in

here back down into that breaker

there this response right here to what

it's just done

there that expectation in response in

how price can react to levels like that

that's a nice little scalp right there I

mean look at it moved from 55 to

what 596 that's a good run you can't get

20 handles out of that on a 15sec

chart you can if you know what you're

looking

for now also notice we've created

again High lower

high high lower high but real close to

one another when did it

form prior to 9:30 so we have 8 to 8:30

and then you study 9 to 9:30 because

it's going to do what it's going to look

and seek the liquidity or inefficiencies

so here's

930 there forming on the bullish breaker

it trades down and then we have relative

equal highs

here I don't like to usually do this but

I have to do it to for the S of

discussion so we

have these relative equal highs this

high and that high relative equal high

and we have this area up here so if the

Market's going to do what if it's going

to make a punishing move towards the

shorts that want to see it

drop because the market has dropped

early on 7 o'clock in the morning okay

and we have all these very clean levels

what did we just do here we have a low

it was traded down into it disrupted

this little area in here so it's made

this area jagged

remember I was saying earlier where the

Market's real smooth over here versus

what it was doing down

here where has the work been

done

meaning if there is a group of traders

that are very cannibalistic and they

tend to be more correct than wrong or if

they are the ones that generally make

the money more consistently than the

ones that don't in other words think of

like the world series of

prer okay if you ever watched that it's

really fascinating to see how the

longterm players that always find

themselves at the final table they may

not win but they always find their way

at the final

table that's experience and that skill

well you can see those things in price

action they're like fingerprints okay

you can see when the cannibals come in

and they Devour the pigies they go in

there and just chew them all up and it's

where the market has made

Jagged price delivery always it's always

like this folks it's never not going to

be hidden from you okay it's always

Plain Sight but see you're so in

enamored by animal patterns harmonic

patterns gimmicky named supposed retail

IND indicators everybody's got a new

indicator I got one for you that's going

to beat all of them if the Open high low

and clo and the

clock how about that how about that

catch me outside how about that okay

it's simple and all of you complain not

all but just the ass hats there oh this

is complicated this is

convoluted so and so teaches this so

much better okay I don't see so and so

doing anything I don't see so and so

doing anything but using Market

replay and trying to convince himself

everything he says after he says it

so we had these relative equal highs

swept here see that a study bullish

breaker two there so how many candles

did it take to do that you screenshot it

how many how many handles did it run

from the low to that relative equal High

being taken out and once it does that

keep the chart active with it on there

but then just make it very very light

not that light make it light so that you

can still see it but have all of your

focus so that way allows you to focus on

the fa Gap here you trade it down into

mid gap which is this wi here since

price is above it that makes it a

discount array consequent approachment

of that trades to it we want to see it

run above

this some of you that are trying to

learn how to do

this are having a blast with this

because not only am I you get things to

talk about in your own journal of focus

but you're also seeing things unfold

over a live chart and you're watching on

your live chart okay so this is not

Market replay it's not delayed data okay

it's not after Thea talking narrative

over a chart everything that these ass

has leave comments on in my YouTube

comment section you can't see what I see

and didn't used by it there's the

relative equal highs there too so now

same thing here you want to mute that in

terms of its importance and now you want

to see does it have the wherewithal to

run aggressively for that 17,8

20.75 any of this seem complicated to

you it

shouldn't I already know what you're

thinking and some of you said that loud

yes because you're saying it when you

talk about it it's so obvious when you

talk about it when it's happening I can

see it when you point it out I just

can't point it out when I'm doing right

you're just learning it you expect to be

able to go out there right now if I turn

this live stream off and you're just

going to just know how to do it right

away because you watch them disclose one

or two things in one element in the

marketplace now you're suddenly going to

know how to do it nobody can reason to

expect to do that you're placing too

much emphasis on being fast I gotta

learn how to do it right now because the

Market's going to stop working next week

next year I thought the algorithm was

supposed to stop working this year

whatever get out of here get out of here

the batteries don't run dead on this

okay when the markets are dead then I

won't work anymore

okay but the point is this the very very

first thing you're doing as an

undeveloped unrefined Trader someone

like my son Caleb okay don't be offended

by that son is what called you worse

things the idea is that you're looking

for the smooth areas where the price so

obviously being defended and being

presented and being offered for retail

minded trades I don't look at charts I

absolutely don't look at charts and

think of what retail pattern here I can

use to get in sync with a price

R look at that beautiful delivery right

that volume balance there which is

inside and casul in that SIII went right

to the high of that now when you're

looking at price looking for the obvious

very very very smooth relative equal

highs or relative equal

lows how do you know which one they're

going to go to how do they know well I'm

sorry how do you know how can you trust

how do you determine which side of the

marketplace it's going to reach for

because what this is going to do it

gives you the initial building blocks to

understanding bias

oh you didn't realize we were going

there did you you didn't realize with

all this jaw burning and half of you

quit watching because I was talking

about things that wasn't interesting but

they're coming back to the channel now

or later on they'll say damn it went it

went right the where he said it was G to

go it did exactly what he said it was

going to do again and again and it's

going to do it tomorrow and it's going

to do it Wednesday and it's going to do

it Friday and it's going to do it next

week and it's going to do it every

fraking week that I want to stay out

here and do it live okay that's just the

way it works around

here that's the way it is because I

understand what this thing's doing and

then you want to screenshot that okay so

when you're looking at Price

action you want to be able to determine

what in this whole scheme of price

delivery what does it do in terms of

resonating with you where would you feel

conf confident this is the part that a

lot of my students skip over they don't

do any work with this part of it they

ignore it they assume that it has no

bearing on them it doesn't have any

basis or placement in them okay because

they want some kind of gimmicky little

one two three get me in the trade

where's my stop supposed to be I only

want to one handle stop loss like ICT I

want to be able to do everything

perfect right from step one I don't want

to have any adversities

that's not realistic because you're

going to have a whole lot of adversities

and you have to invite that be

comfortable with it because that's where

it's going to highlight your

shortcomings and your understanding and

it's going to also teach you how to

overcome it because once you identify

what you're having an issue with

wouldn't you want to know what your

problems are in your relationship like

if you if you were married to a new new

spouse and you genuinely love them but

they haven't been forthright in telling

you what your character flaws are that

really get under their skin because they

don't want to offend you because they

don't want to hurt your

feelings but wouldn't you want them

sincerely wouldn't you want them to tell

you in a way that doesn't hurt you that

doesn't jar you or make you feel

offended that you want to go run to the

bar and cheat on them you would love for

them to say hey um I love

you I sincerely sincerely care about you

I I want us to be together and that

romance is what you want with the

marketplace you want the market to open

its arms and invite you into an Embrace

and feel its bosom against

yours and that tenderness and that love

that acceptance that I've always been

waiting for you and you're finally with

me and I'm never going to let you go

honey I'm never going to let you go see

that's what you want you want that

romance but really what this is this is

a dysfunctional element of family and

what it does is it says listen my

husband's away come on over the bed's

open and you want to go there and ROM

around okay and find a spouse out of

that type of thing and you wonder why

you end up with STD or a broken home

that's the way it works but see you

think it's a love story it's a romance

it's not it's a toxic relationship and

one person in this relationship has to

be able to be reasonable and at some

point the person that's reasonable has

to say you know what this isn't healthy

for me

anymore so that means I have to turn the

charts off I need to stop following this

Market on this time frame right now

because it's not

healthy but you can't arrive at

that until you do rule-based ideas and

you break things down modular very

simplistic nothing I did today nothing

complex I outlined every single thing go

back and watch the live stream every

single thing was in advance and shown to

you on a one minute chart this would be

further Amplified if I was shown it to

you on a 15-second chart if you have the

capabilties I'm not saying you have to

but if you have the ability to look at a

15sec chart study every level I've

outlined here and the logic of why it

was going to draw up into that 17,8

20.75 level I gave you the bias before

we really essentially started there I

explained to you very

very Bland commentary Almost Boring

really it didn't seem scientific I used

analogies that I thought were very

simplistic you know when we're looking

at areas that are very

smooth contrast this area up here how

that was very very smooth and these

remember these levels over here show you

this

one in addition if you weren't looking

at that that's the benefit of looking at

three time

frames because if you can frame an idea

of why the Market's likely to draw to a

high or low or inefficiency that is

completely visible on three time frames

that means you have three time frames

telling you hey pay attention to me and

if that time frame or those time frames

are in agreement with a relative equal

high or a inefficiency above the

marketplace that means like something

like this right

here or this right

here or this right here they're all

Stepping

Stones notice

that they're all Stepping Stones inside

the context in the

underall sorry overall narrative that

the market was going to go here when I

first started the live session what

what's the first line I dropped on the

chart this one it was based on these two

highs here that's all it

was why did I pick this this High yes he

got my question finally I've been

sitting here the whole time you're

talking why' you pick that high what's

the first thing I told

you the algorithm is going to go based

time I don't care what Mickey Mouse

pattern with Mickey Mouse logic some

Romper Room theory that just got pulled

out of somebody's back side because they

want to sell some

attention for clicks and Views and

mentorships

unless it stems on the basis of time

first it has to be the right time if

it's not the right time of day it is

absolutely not going to work period end

the story put anybody as the mentor

anybody as the Traer I don't give a

I tried real hard I almost got

through it I almost got through

it put anybody you want in that list

whatever they trade however they trade

it does not

work it will fail stick with it long

enough you'll see it will fail more

times than it but why and how is it that

every single time I'm sitting down with

you whether it be on a Twitter space

where I was calling out the candlesticks

individually before they happen or on a

live stream where I'm giving you the

logic explaining to you why it should do

it okay and then it just simply does it

how's that

possible no ego seriously let's let's

put it aside I'm not trying I'm not

trying to beat my chest here I really

want you especially if you're a first

time viewer here or maybe you come back

this your second time watching my live

stream because you expected me to do

something silly

today how is it how is it that the

market does exactly what I'm saying it's

going to do you ever think about that

how is it possible that one single

person can get it right so often in

front of thousands of people where many

of them are hoping and praying please

please God let him get it right I got to

go on Twitter and brag about how you

messed up today I got to make a video

exposing ICT I need grocery bill

[Music]

money you're so fun to manipulate all

you haters but 7 o'clock is a very key

time that starts what the morning

session it matters not that we're

trading Forex or Futures the morning

session am session starts at 7 o'clock

in the morning near time okay so you can

have a model that

says I can't be in front of the charts

between 8:00 and 8:30 and maybe you

can't even trade the 9:30 opening bell

for indices because you have to get

ready for work okay but it just so

happens that the time elements in your

personal life and geographic location in

the world that it allows you and aord

you to look at the Mark between 7:00 and

say

7:45 worst case scenario 7:30 if you're

going to work with smaller time frames

you absolutely can use 7 o' to 7:30 as a

model to do this very

exercise same

thing so your key times are this 7

o'clock in the morning to

7:30 in that 30-minute window you're

going to look for relative equal highs

and relative equal lows

that have happened prior to 7 o' okay

and you're going to be looking through

the time frames of the one minute chart

the five minute chart and the 15 minute

time now Caleb you're not expected to do

anything else beyond that until I change

the depth of what your focus should be

right now you're just having three

charts

up since the 15minute time frame is

pretty pretty static you only need to

refer to it once in the morning and then

your second chart could be the five

minute chart that's what it

isart

but then what you're doing is is you're

watching between 7 o'clock and 7:30 or

8:00 to 8:30 or 9 to 9:30 opening belt

you're looking for where is the market

smooth

smooth because Still

Waters invite rocks

think about that remember being a kid

walking when you see a pond it's real

smooth wow look at that was like a

mirror you can see the sky's reflection

off of it so smooth what's the first

thing you jumped in your head I need a

rock for what because you can't accept

that our sinful nature says we have to

disrupt that so you pick up a rock and

you want throw it out there why what's

it going to do it's going to cause

ripples that's exactly why a weak

character individual in a relationship

will have a beautiful

relationship a wonderful relationship

ship something smooth ain't no

drama no reason for

Ruckus and what they got to do they go

out there and you chase some th go to

the bar and pick up some

Floy or some silver tonged box it says

all the right things for

her and you invite that destruction well

that's what the market does folks it's a

dysfunctional family environment and you

have be the one that says not today

Satan not today not today I know your

tricks I know your snares I know how

you're going to do it okay so what's the

market going to do every single

session in the morning you have three

opportunities and you don't have to

trade in the afternoon you don't have to

trade the London session you have three

opportunities in the morning to set the

stage for a run that will build if you

don't have any understanding about bias

okay if you don't know what direction

the Market's going to move

in when I go into other people's live

streams and I say note this note that

here's the secret I just gave to you

what I do every single time I go into uh

tja traes when Patrick will had balls

and let me into his live streams and

chat he won't do that now because he's

gonna be pay me $500,000 this year um

the whole business of anyone else I

talked to trades by mat for a mon told

him what I was going to do what I was

looking for in private text and he can

show I gave him permission he can show

you what I was expecting and he watched

me do this for almost a

month and I got two or three of them

wrong but most of them were like and

guess what I was doing folks but I just

taught you here Tom

hugard not as much as I shared with ch

my that but in certain instances I

shared him this is what I'm looking for

this

level so it's not like I'm not afraid to

share this I I've put what I think is

going to happen in the witness of other

people and they can come out and say

yeah this guy don't know some's

talking and they're not telling me that

I'm invited them prove the world that I

didn't do

that I like certain people in this

inders and the ones I like I converse

with I share and I engage with

and when I go into other people's live

streams and I'm helping promote them uh

sometimes I'll go out and I'll point to

something and I'll say watch this level

when I was on Twitter watch not this

level I was doing this and my private

mentorship never learned this I never

sat down with them never told him that

this is a secret weapon it's a it's a

bazooka when a BB gun's

necessary when all you need is a match

this is a flamethrower it's

it's it's the thing that makes every

playing field even they cannot hide it

from you they cannot hide it from you

you're never not going to be able to see

it it's always there and in plain terms

it's this if you can contrast one side

of the

marketplace against another let me let

me do this in this little area down here

okay in a small little open section I'm

going to say this I'm going to close it

somewh be with my wife and

I hope you

haven't if you take this a moment for

now if you learn something today and if

you didn't learn something you're a

fraking liar okay but if you honestly

was with me this entire session and you

watch me outline this and I told you why

it was going to go here what levels were

key what to focus

on and you watch it pan and you

understood and you understand now and if

you don't I'm going to make it clear for

you give it a thumbs up because I that

as I appreciate you spending time with

us on C I don't need to be doing this I

can do this privately with Caleb I don't

I I can tell Caleb I understand that you

want to make a YouTube channel I

understand that that could make you a

little bit of scratch and money I

understand that but no I don't want

these people to know this I could do

that and I don't feel bad telling you

that openly because I've done a lot of

that stuff that I don't want to share

certain things because it's too good

because 20-year-old kids go out there

and pretend they didn't learn it from me

and they found it on their own and they

relabel it so they can make a name for

themselves and then eventually people

find out about them and then they expose

them D you're nothing more than just an

ICT

ripoff and you can spare yourself of all

that stuff just by being honest and say

you know what thank you ICT for sharing

this I'm going to make it mine and this

is how I use it I got no I got no

problem with that I got students out

there that doing mentorships now okay

it's their business it's not mine

they're not hiding where they learn it

from and that that's all I've asked for

this is just remember who fed you that's

it I'm not doing paid mentorships I

could be out here teaching this kind of

stuff and more for millions of dollars a

month all over again folks I don't want

it I don't want

it and if it wasn't for my son tapping

me saying hey Dad give me another chance

of do this I want to learn it I wouldn't

be doing this have you been seeing any

videos no I'm not worried about it but

since he wants to I'm going to pour

myself into it I'm going to pour

everything I have into this and I'm not

fully back to myself I'm not doing well

like I I've been experiencing vertigo

I've had ey blood pressure I've had

chest pains I've rushed to their

Hospital like I had a lot of stuff going

on and I'm not stressed about nothing

it's just my body's going through

something and I don't know what it is

and I don't not know how to trade I know

exactly how to trade I know exactly what

these markets going to do any given day

even on Sloppy Seek and Destroy days in

fact I'm going to wait until we have one

and I'm going to show you me executing

in one of them I am not fearful of any

of these Mar profiles I'm not fearful of

my stuff falling out of style because

there is no style this is the market

this is the source code but when you set

up a framework of whatever you're going

to study in the morning if you're going

to trade the morning session your key

times you have to absolutely be in front

of the charts between 7 o'clock and 7:30

in the morning always New York local

time okay if you can be in front of the

charts by 7 o'clock this is what you're

doing but if you can't you do the same

thing at 8:00 to 8:30 the same thing at

9 to 9:30

okay this is your pre-market range write

that down because if you don't write it

down you're going to forget you're going

to call it the opening range it's not

the opening range the opening range is

the first 30 minutes after the opening

BT at the New York session the first 30

minutes

after 7 o'clock to 7:30 that is your

pre-market range 7:30 to 8 o' is your

opening

range remember I was telling I could

trade every single hourly candle now

you're starting to think your are

turning aren't

they it's fun isn't it and obviously the

9 to 9:30 that's your pre-market range

and then post 9:30 to 10 o'clock that's

your opening range there is no 15 minute

opening range I don't care what anybody

tells you okay it's a 30 minute opening

range that's

algorithmic okay so what you're doing

and this this little range here that's

being shown here with this rectangle

what I'm saying is this is essentially

that 30 minute interval whether it be

7:00 to 7:30 or 8:00 to 8:30 or 9 to

9:30 that pre-market range in that range

what you're doing is you're looking at

this this line or beginning of that

shaded area would delineate the 7

o'clock or the 8 o'cl or the 9

o'cl where it begins at that specific

top of the outle and then this would be

the range that makes up that first 30

minutes now it's not obviously the scale

but I'm oversimplifying for the of

teaching what I'm

saying prior to that range anything

before or to the left of this you're

looking for equal

highs or equal lows which side has

it because that's your bias it's going

to draw to that how do you know if you

have

both because I heard you you're thinking

but what happens if you have a relative

equal High here and relative equal low

which one

you wait for the first one to get

disrupted because once that happens then

you work to the other one that's that's

your bias so you have to defer and wait

now gamblers or live streamers that just

want to have people watching and doing

anything and not really executing on

stream but after the trade starts moving

in their favor then they'll show to

trade here what good is that what good

is that that just proves you're not

confident in what you're doing and

you're going to show it after it's moved

in your favor talk about it explain it

and then do it I'm going to do that but

today I gave you a clinic on how to

determine bias how it's easy for me and

it's easy for you whichever one has the

relative equal highs or relative equal

lows that's a smooth area it will be

disrupted anywhere where you see Jagged

edges like this down here see I went

Jagged and then ripped higher what's it

telling you what's it telling you I'm

going to look for buy side liquidity buy

stops this has been a trap they engage

traders to go short they're they're

trapped short on a breakout

or they're not trying to take the shorts

out of the market yet and that's why you

see all this in here creeping up this is

all balanced that's why this Spike stop

right top of the breaker isn't that

interesting isn't that interesting I've

been talking

nonstop no chance for me to have another

add over voice over it's all live you

watched me do it live I explained the

logic and now here's the wonderful thing

you have the

privilege to go back to your charts and

back test this and your jaws going to

drop you're going to be thinking it's

always been there but I've been looking

for this stupid ass harmonic pattern

I've been waiting for my yin and yang to

appear in my chart I've been waiting for

my moving average is crossing over but

my my Lux algo indicator said this and

then said that and I got tripped up I

thought it was going to do no

it's all

there's nothing complicated

about what I said in any of the

mentorship the years they're just very

deep dry lessons that give you the why

because I'm a person that's highly

technical I want to know why it's going

to do it don't tell me something and

then do it 10 times and we write 10

times and that's not going to convince

me of anything I need to know why it's

doing it and if you don't think

critically about that you're a

gambler you absolutely are a gambler I

need to understand before I put money

behind it I need to know why is this

Market going to do this then at that

time why should it behave that way and

folks you can't get any pler or simpler

than simply saying okay where it's

smooth now you're going to say well this

isn't new ICT you talked about relative

equal highs and lows before right and I

taught that you should be aiming for

them but you haven't been trading like

that you've been doing other stuff and

then cussing me behind my back saying

this stuff doesn't work this guy's a

fraud we don't see his name on the

leaderboard he's a

fraud I'm out here in front of your life

telling you what's going to happen you

think I can't do that in Rob's

C you think I can't do

that come on you guys are Gable man

you're so easy you're so easy I love it

I absolutely love

it but anyway Market trades down to the

bullish breaker that I absolutely

identified before it hits it and then

goes to the relative equal highs I told

you to focus on and then I gave you this

one here and I told you this inbalance

it's prior to these relative equal highs

being taken but this was where we were

focused on and look where we're

trading see

that now in

closing I really do have to

close in this price run and we're not

going to use all of this this is

capitulation it's getting more

excited if we have this segment of price

action

okay if I'm

identifying this area up

here okay more specifically let's be

honest because this is the one I drew

your attention to first so we'll stick

with that even though that that other

one wasat even before it got

Traer did you get the video a thumbs up

by the way did you take a take a second

of your time to press that up thumb icon

on YouTube that's free I didn't charge

anything for it because that really is a

way for you to communicate to me that

you had fun today that you really did

leave and learn something and now you

have something that's tangible that you

go back and look at every single day in

the past in journal because you should

be doing that every single day you break

down the at 7 o' in the morning have 7

o'clock in the morning all the way till

say uh 11:00 okay so it's four hours and

you want to have your 15 minute time

frame your five minute time frame your

one minute time frame charts and

annotate it may require you to have

multiple charts from that individual one

minute chart where you're zoomed in and

you're Ting something specific that are

very Salient to you because most of you

may not have trusted this as a bullish

breaker when you saw this drop in here

you're hoping and some of you were

probably tickled your was

puffing and thinking he's getting

screwed in in front of all this I love

it I love it I love it you're drooling

and then what happens it rips your face

off and I'm right

again I know I know I could have a whole

lot of fun with that but I'm not because

I'm here to try to teach my son and

you're here to

learn if you go back through all this

price run here okay what you're going to

do is you're going to focus on the

points that make the most obvious that

you could see and it says you know what

I understand this even though ICT

pointed out this breaker you may have

noticed it maybe you didn't if you

didn't that's not your PD

R if you noticed that it traded down

into this sphere Val you got right

there inside of this old Cy which is

essentially where that

midpoint between where we expect price

to trade to which is above these highs

and where it traded from

see that so if we see where it's likely

to go and where it went from where it

originated from where's the midpoint

well let's do a simple measurement

here's your fib and we're going to say

something above these relative equal

highs we'll just randomly pick an area

right there okay I'm just being very

Bland there's no real reason I'm picking

that price it's just simply slightly

above the relative equal High there's no

other logic simply that okay so I'm not

trying to complicate anything but if you

take that and you go down to the lows

that are relatively equal not the lowest

low that's the manipulation you want to

use the relative equal lows like that

okay see that and then you have

essentially the midpoint here in close

proximity to that you have this fair

value

Gap and you have a sp and this one here

can be used even though it's a little

bit above equilibrium because we didn't

take this high and that high out which I

was outlining to you real time take that

out yet we didn't take out these two

relative equal highs when it was traded

down to the breaker but what happens

when it trades up here and then at real

time I said watch this fair value got

watch the

stream go back and watch the stream when

we were trading right there I said watch

and here we are trading got here and

then takes off and runs to where we were

waiting to see it

deliver the smooth areas are going to be

attacked the sharks are going to go to

Still

Water that's where they're going to go

why because as soon as someone in there

starts shaking in fear that their Stop's

going to be taken that still water will

Ripple and that triggers a frenzy and

the sharks are going to go right

there you don't trade into levels where

the sharks have already had a frenzy and

that's down

here okay they've already done the work

there's been an attack down here how do

you know there's been the great

disturbance in in in what price was

doing and how it was delivered it's

Jagged like shark teeth cutting through

the side of a whale's body it's been

damaged

delivered you can see it it's physically

representative in the jaggedness of the

swings going down where we don't see

that jaggedness up here it's nice and

Smo thrilling biting it's safe put your

stops above you like a siren calling out

to the sailors come to me come to me and

crashes them on the

Rocks I know Mr anology I don't know

where it comes

from but you have to go through all of

this price action in here and determine

what price level makes sense to you

which one resonates

with do you see the fair value gaps

where I was outlining before I did it

did it make sense when I was drawing

them

out did you change your expectation and

get fearful that I'm wrong and it's not

going to go up there because that this

drop here what's occurring here the only

thing it's doing is at 9:30 during the

opening range it's doing what it's

creating a Judith

swim something that's opposite to the

real move the real move was given to you

with these highs it's going to go

there at any time did you hear me sound

nervous in front of all of you I don't

know how many people were watching I

think there was like 6,000 earlier first

time I checked the streams

continuity but I haven't seen I don't

know what the highest high do in terms

of how many people are watching did that

sound like I was nervous because I don't

think I was nervous at all way and I've

been really really trying not to say any

embellishments

on the curse words and stuff but

sometimes it's just it has it find its

way out I'm I'm human I'm a sinner and I

have to repent all the time when I do it

um I always regret when it slips out but

that's I'm I'm real like I'm a real

person and I have character flaws like

anybody else but I try very very hard

today not to use that type of language

but depending upon what subject matter I

refer to it will it'll draw it at me and

I'm not proud of it but anyway we can

see how that c becomes an inversion Fair

Val G here and then it sends price

higher reches down and then you have

your second leg redistribution and it

the smooth area thats up this

Market I knew it I yeah that's how it is

so when you're looking for the

bias okay the easiest most scientific

proven nine out of 10 doctors approved

ICT has nailed it down to a science of

wherever the smooth equal Highs are or

smooth relative equal lows are at the

beginning of 7 o' to 7:30 or 8:00 to

8:30 or 9 to 9:30 you got three

opportunities three chances

okay as each one of these time Windows

passes

by so at 7 o'clock we formed the

relative equal high and then at 8 to

8:30 we didn't go up there yet so that

means that what 9 to 9:30 chances are

that's the

Run see how that does that it increases

the likelihood of it going there it

doesn't diminish it because it's

building up more trust in that are right

there so the framework begins at 7 o' in

the

morning start looking for relative equal

highs to

form not

before key key takeaway is not before 7

o'clock at 7 o'clock look for them to

form big big big big takeaway there okay

if you're looking for relative equal

highs PRI 7 o'clock in the morning you

may you may get it but many times you're

expecting the London session to be

completely overd and it's it's most

times not the case so it kind of like

builds in this filter where you're not

trying to demand that the run on London

is removed or

or dismissed because of price over

overlapping it and going back over top

of it because the general consensus is

we could see the higher low they form in

m so if it's bearish or bullish relative

to a higher time frame draw which is not

necessary notice I haven't even used

that here yet only thing I used was a

15minute time frame a 5 minute time

frame in a one minute time frame and I

was framing on the basis of time because

I understand my algorithm I understand

what it's going to do I understand

exactly what these markets are going to

do every single day every single day it

will not stop it will not be hidden from

you but it can be disrupted by manual

intervention and that always cause me to

lose it will always cause me to be

incorrect because that's something that

we and no one can predict it's their

Casino if they want to come in and you

know disrupt everything it is what it is

and that's the inherent risk that every

one of us has to assume while trading so

that's that should be the number one

reason why you should never over

leverage because that is always looming

and condition in the marketplace right

now in geopolitical tension and turmoil

that is expected to unfold at any given

time any moment folks things could pop

off and your little indicator or your

little market structure idea whether it

be mine or somebody else's stuff means

nothing when that happens it literally

is Canon fodder it's gone you're

dusted and if you happen to be

overleveraged when it happens you're

going to

and sorry but it's not going to be

pleasurable it's going to be it's going

to be a hard swallow and probably end

you and take you out the game entirely

and all of that is avoidable if you

don't over leverage if you trade with

one contract and you try to capture

moves like this I promise you're going

to beat the socks off of every one of

the live streamers out there and my

students included all of them that are

doing well now they're going to start

applying this and watch and see how well

they start

increasing and people that don't

their trades are going to start working

and go back and look at what I'm taught

you here they're going you're going to

see that they're using this too it's a

secret weapon I didn't want to give it

to anybody I did not want to give it

away to

anyone it's a it's a home field

advantage one of many that I have but

because I want my son to know what he's

doing that's real simple it's it's not

complicated it's one or the other and if

there's two extremes above and below the

range

that's relative equal high and relative

equal low then you just wait for one of

them to be disrupted and just sometimes

you'll miss a move sometimes it'll do it

and then you won't get a trade who cares

who cares when you back test this you're

you're GNA see like what am I worried

about man like this is so many times

offered to me every single week right

that's the mindset you need to come away

with not I got to trade every single day

when it's so obvious when it's so

obvious

that's the ones you want to trade on

because retail is going to have every

hope and prayer hanging on those

relative equal highs thinking it's

resistance and they're going to eat

them they're going to devour them and

grind their bones the powder and you can

have a moral dilemma and have some

convictions about that being oh I can't

do that to somebody else I can because

they signed the same risk disclosure

that I do when I open

to and if they make the wrong move

interrupt

them that's how you

eat that's how you eat

here and if you have a problem with that

then trading's not for

you and there's nothing wrong with that

either but hopefully you you see that

when we're doing this we're not trying

to be smart we're not trying to be more

popular than somebody else we're not

trying to get more attention and more

viewership or more followers we're in

here to try to make money so that way

you can make your ends me that's it and

some of you will supercharge that and

become pillars in the community and and

and Titans and be so much bigger than I

am and I'm here to see it I want to see

it I want to cheer you

on I'd love it for one of my sons to be

that

person I've been trying to cultivate

that since they were little but they're

they're individual personalities and you

know how it is you listen to your

parents and even if your dad can do it

and prove it over and over and over and

over and over again sometimes still

isn't enough as a motivation to do

because you have to want to do it and

guess what makes that happen when you

make them work menial jobs and they hate

it what's the alternative College that's

have the

question so do what works do what works

and can be proven I could do this in

front of the Supreme Court

right just like I did today I ain't

afraid of it I'm not afraid of this and

when you get that confidence it's not

arrogance but when somebody doesn't know

how to do something and they feel

miserably when they hear somebody talk

like that and when they see somebody

display it it's so uncomfortable it's

unbearable for them so now you are a

narcissistic jerk you're arrogant you're

conceited

okay is that going to make me lose money

on the next trade no is that going to

make me forget that the logic that is

being employed here no I'm not here for

friends I'm not here for friends neither

should you

be I'm warming up to these candlesticks

when it's appropriate but when the date

is over I'm going home alone they're not

spending a night with

me that's all it

is it's a

momentary engage

and I'm leaving before any kids are

made simple as that I'm staying

protected I'm wrapping up I got a stop

loss I know when I hit the brakes and go

out the other direction if it's a

grenade I'm getting out of there before

it does any

damage and that's me thinking like a

man for the ladies you you come up with

your own analogy I'm not that good with

it with the lady

side but hopefully you you've learned

something today um I'm going to close

this one I going invite you all tomorrow

to to come back if you found this

insightful it'll be a little bit more

technical tomorrow uh today was more or

less the mindset how to relax when

you're watching the charts and what to

look for so that way you're not holding

so much expectation over yourself and

then you can enjoy enjoy studying it

because it's important that you do enjoy

it because if it's if it's daunting and

you're not really seeing any kind of fun

um char istics in it it's going to be

very hard to stick with it so I I tried

to cultivate that today if I was

successful you can obviously show me by

giving a thumbs up I promise you I don't

make any more money I thumbs up and you

don't take any money from me when you

put the thumbs down either it doesn't

change anything but it's just a way for

you to give me feedback that that you

found something in this today that made

sense for you that you are inspired to

go into your charts and you had fun

while you were running so this is going

to be the end of lecture number one

dealing with the foundations of

determining a bias it's very very simple

it doesn't doesn't require a whole lot

of complicated things it's very time

specific without the time elements none

of it matters and it's very very rule

based that doesn't require a whole lot

of moving Parts where it's smooth it's

going where it's Jagged it's going to

move away from very very simple logic

folks not complicated at all and I'll

talk to you tomorrow Lord willing be

safe

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YouTube Transcript:ICT 2024 Mentorship Lecture #1 August 5_ 2024

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YouTube Transcript:
ICT 2024 Mentorship Lecture #1 August 5_ 2024