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ICT 2024 Mentorship Lecture #3 August 7_ 2024

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e e

well good

afternoon hopefully this audio

will coming through

now okay I hear myself now so

should be okay I know some of you are

going to be wanting me to uh Pump Up the

Volume but uh as you can see I just did

as I normally do and for whatever reason

YouTube likes to mess around with

me with my audio so they don't want you

know they don't want you to know the

secrets okay that's what it is don't

tell nobody everything I tell you today

just keep it to yourself okay it's a

secret

all right so anyway um today will be a

rather brief one notice I didn't say

short okay it's going to be a brief one

uh meaning that I'm just going to cover

some salium points uh refer to some

things in terms of processes and

protocols for the afternoon session and

I'll stay with you probably till around

3:00 okay so we'll we'll aim to break

away at

3:00 all right so U if you recall the

last two live streams I've had

a casual in introduction kind of like

warming up to the idea of just relaxing

when you're watching price and then the

second one I gave you very specific

things to look for what does it look

like on the chart

and now this one we're going to talk

about if you're going to be trading the

afternoon um I'm full full disclosure

I'm trying to press my son Caleb into

the morning session okay so most of this

mentorship is going to lean heavily on

the 7 o'clock in the morning to 11

o'clock in the morning New York local

time okay so inside that 4our window I'm

going to leave it up to him to determine

how his body behaves and you know how he

feels in those early hours you does he

want to be trading as early as 7 o'clock

as a start time or 8:00 or is he just

going to Simply wait for the opening

bell at 9:30 and use that 9:00 to 11:00

2hour window there so that part

he's being afforded that uh that

decision but as the

dad uh exercising my dominance and

Authority I'm assuming that uh everyone

understands that this stuff will work in

the afternoon too and I'm going to give

you those rules but these are not for

him okay so Caleb this is not for you

but it's for the sake of completeness

okay like I'll show you um how to do it

in the London session as well we'll do

it you know over live data as well but

for the afternoon session

um sometimes when you look at the

economic

calendar uh there is an absence of any

significant medium or high impact news

events and what do I mean by that if you

go to like forexfactory.com or Econo day

uh they they give a really good

breakdown of every single calendar day

and what time specific Market drivers

come out I means some a

speech um a market data release like a

report um think like PMI CPI you know

those types of

things when we have a day there that has

an absence of any news drivers in the

morning uh that tends to be a rather

lackluster rangy type false breakout and

and then pull back down into the

previous day range type of day or

reverse if it's it's trying to move

higher so I try

to look for reasons to anticipate an

afternoon move because the morning

session can tend to be a little bit

more um it Demands a lot more experience

let's put it that way because you can

you can get caught offside you can think

you see something that's there trade it

and then it reverses and goes the other

direction or goes into a consolidation

if you notice on today's calendar and

I'm going to leave this up for you as

your own little homework assignment it's

it's not that challenging I promise most

of you are aware of if you're a student

if you go to forexfactory.com and you

pull up today's calendar you'll see that

there is a bond auction today at 1 pm

eastern time and I'm going to talk a

little bit how to use that how to trade

it I've never taught my students that um

but it's something that um it's not a

terribly

volatile report it's not like it's not

something that you know you're going to

burn the house down with but it is

absolutely something that you

can trade it does give a little bit of

volatility it does give you you know a

little type

of momentum to work with and if you have

a little bit of a narrative and I'll

talk about that in a

moment you can find some setups okay and

I I watched the piece by another

YouTuber Kimmel um very interesting

video U I found it funny um but I left

the comment on here so that way you know

it's really me I See's a fake okay he's

a fraud hard

pass

anyway all of the YouTubers that use me

as a way to like P pump themselves up um

I'm I'm causing

purpose

purposeful resistance for you okay um I

don't mind you using my content but I

don't like using me as a springboard

that that that type of stuff um so if

you have something you've been doing on

your own with the things I've taught

then hey I got all the respect for that

but if you're just trying to teach and

you're not doing anything with it uh

Kimmel's proven he's made money with the

stuff I've taught so I got no problem

with it um but the main thing is I don't

want any of you especially if you're a

new student here don't look at me as a

hero don't look at me as your Guru don't

look at me as your master okay um you're

not here to worship me you're not here

to lift me up or promote me or anything

like that you're here just to learn

that's it that's all it is that's the

economy here you put it in a time I

share what I'm willing to share and then

you put it to work if it works for you

great if it doesn't there's plenty of

other people out there to learn from

okay I'm not going to ask you for a

Paypal payment I'm not going to ask you

for a credit card payment I'm not going

to ask you for a what's up app pay

nothing it's all 100% for

free but one of his statements in there

he opens up his video with and a lot of

people have said this that there is no

guidance there's no direction there's no

what to do and I agree I agree to some

respect if you refer back to when I was

teaching on baby Pips because it was

meant to be like that I wanted to see if

I left some breadcrumbs could I create

this test tube response of other other

individuals watching what I was doing

could they had the same result that I'd

had and come to the conclusion of what I

see in price could they do it and no has

ever done it even still today with even

all the students I have no one's ever

been able to do that

so U when I started doing

mentorship um I started doing broad

brush Concepts and protocols what to

look for where is the focus where should

your focus be okay and it started with

time of day London session London open

and then New York open London close PM

session for the the American markets

like the indices and and

such and then I went into teaching very

specific things but they're tucked

inside of all of the long winded dry

commentary that's where I tucked it in I

have taught how to trade very specific

do this do this do this do this do this

okay and the reason why it doesn't feel

like it was like that because you all

want me and I had it in the previous

video here um in part two of this

mentorship there's a lot of people

saying you talk too much you could you

could just tell us how to do in 5

minutes I'm not watching your next video

good but I know you're here watching

this one

too the the main takeaway is for you to

number one understand that there has to

be some reason for the setup to be there

okay and majority of your time as a

Trader is going to be spent waiting for

that very thing to occur now that's not

to say that the market isn't moving all

the time it absolutely

is but just because it's moving and

gyrating doesn't mean that you're

supposed to be in that right now move

that right now move may be completely

diametrically opposed to what you are

trying to do for your trade because your

trade may spend outside the realm of the

next 20 minutes or the next hour or

today's entire trading session you may

be trying the nail down a trade that

goes for weeks so there's a lot of room

for you to make what it is out taught

your own that way you can take it and

apply it to the marketplace a time frame

a scenario that you're looking for that

meets and fits your personal unique

personal life schedule and the aptitude

that you have using the information I've

taught

so predominantly most of my content is

allowing and affording all of you as

students to find your own mold

your own way of framing these things

okay and and Kimmel yes I do have 81 for

the Joker that left the comment in your

uh thing it's not 84 and it's 81 very

specific PD arrays and they are both

entry mechanisms they are partial

mechanisms and they're take-profit

mechanisms okay um I know sometimes

people like to use reverse psychology

like I'm going to go out there and prove

that I have here's 81 of them I'm not

doing it but I'll teach you one or two

of them extra today just because I want

to do it

but these mechanisms okay these little

things these little quirky little

excuses to get into the trade with a

Precision element that's not linked to

anything where I can say I learned it

from so and so's book or I learned it

from so and so's course

it's something that's in price action

and when you observe it you see it and

you start seeing it a lot and then you

can anticipate it should form when it

does this and it starts doing it and you

do it for 20 30 years you don't need to

be convinced any further of it right

so when we look at times of day like I

said I'm pushing Caleb into the morning

session he may elect to go when he gets

good at the morning session he has to do

that first then he can make the decision

if he wants to go to an afternoon

session or if he wants to trade to

London session but I'm going to force

him and twist his arm basically that he

has to perform in the morning session

that's that's his payment for me

investing my time and energy and pushing

him along he has to do it there so it's

kind of like uh remember the movie Kill

Bill she went to train with uh the

master and he was going to put her

through the ropes the way he wanted her

to go through it well that's what I'm

doing with him okay because he's going

about this the second time around so

he's going have to earn it a little bit

harder so morning session is his Focus

but the afternoon session has its own

characteristics as well and just as much

as the London session has its own

characteristics so if you are just

looking for a way to get in the

marketplace or how to trade and get in

you you can clearly find that on my

YouTube channel it's absolutely easy

Silver Bullet optimal trade entry um

it's it's it's a matter of what is it

you're trying to do and if you go into

the mentorship which is all for free on

this YouTube channel you go into the

playlist you'll see it it's divided by

month I will teach you very specific Els

about short-term trading day trading

swing trading Ultra short-term scalping

and they're very specific elements but

it's assuming that you have already done

the work of looking at all of the broad

brush Concepts and modules that I've

have on this YouTube channel for someone

that's brand new just stepping out and

say I'm going to watch five videos from

ICT today you're not going to walk away

understanding it you're not going to all

it's going to do is give you better

Foundation One More Cog in it and those

pieces come together when you sit down

like I was explaining yesterday and in

the first lecture as well when we're

watching real time action you're not

trying to hold your feet to the flame

and say I have to know what it's going

to do right now it's it's not realistic

for you to have that at the early stages

and you got to give yourself permission

to do that and have that peace of mind

knowing that keep doing what I'm showing

you how to do and it will come by

default it will be a response naturally

because you'll see these things

repeating over and over and over again

and what will be exciting for you is

that you see them occurring at the time

of the day when they should occur

which removes the whole the whole idea

that the markets are ambiguous they're

random and they're in no way shape or

form RI not rigged when they absolutely

Absol are they really really are so

maybe we first saw this uh live stream

when I first first tried to start at

1:45 I noticed I couldn't hear myself

but I I put the screen on so that way

you could see the new day opening Gap

high and low and we're going to talk a

little bit about that because Caleb

that's going to be like a lot of what

you're a aiming for as an underlying

narrative okay so while you may be

aiming for an

intraday okay or intra daily

session relative equal high or relative

equal low the draw to as an objective

for your trade it's going to be linked

to a new day opening Gap and or new week

opening Gap and if this is the first

time you've heard those terms I will

explain what they both are in this one

and what you're going to be doing with

them Caleb okay

so we talked a little bit about how at 7

o' at 8:00 and at 9:00 the immediate 30

minutes after that or each one of those

top of the hour

intervals we want to

anticipate a opposing Direction in the

marketplace so the assumption is you

have already identified after 7 o'clock

in the morning New York o time a

relative equal high or relative equal

low or where price is smooth okay and

then you're anticipating you're not arm

wrestling the market you're not forcing

that it has to go there because you now

see it so therefore it can't do anything

but go there that's not that's not what

you're supposed to be doing either which

is why I taught you in the first two

sessions together is just to relax and

observe you have to observe you have to

sit back and watch what does price do

and record your observations if it means

taking screenshots as price is going and

moving around and it may not be near

anything of any particular importance

like an order block or a fair value Gap

or something like that uh and no Kimmel

an inversion fair value Gap is not just

a fair value Gap there there's two

distinct things going on there but it's

okay it'll be in the book the idea of

you using these intervals as a starting

point a delineation in time so okay now

I'm really focusing it's it's 7 o'clock

in the morning whatever's happened

overnight during London whatever's

happened in the previous trading I'm not

factoring anything in yet I want to see

the design the engineering of liquidity

and what does that mean when price

creates these really smooth areas of

relative equal highs or relative equal

loads after a session change over

meaning at midnight New York local time

that is the beginning of true day that's

the beginning of the real true day in

financial markets so the algorithm likes

refer back to that time and then

everything since that time it'll refer

to for the purposes of liquidity or

inefficiencies outside of that you'll

have things like new week opening Gap

and or New Day opening gap which is what

you see here on the chart new day

opening Gap what that is and let me just

maximize this chart well actually let me

throw it on a one minute chart it'll be

a little bit easier for you to

see it every day except for

Friday the this is for specifically the

index markets okay so while I'm teaching

my son how to trade and make money in

that asset class uh this is

not

um something to lose your mind over it's

really

simple at 5:00 pm again every day except

for

Friday the market closes

at 5:00 pm it's it's just it stops and

it pauses for an hour and then it

resumes at 6 PM Eastern Standard Time if

you take your one minute

chart you don't have to have live data

to do

this it's something that is a

longterm effect on price action it'll

it'll be used for weeks okay and I'll

explain it in a second here is the 459

candle on a one minute chart

my candles that are bullish or green and

my candles that are black or bearish so

the up close candle that is the closing

price where we stopped and it's the last

print for Nasdaq on Tuesday going into

the 5 o' stop and then at 6 o'clock all

you do is simply get in front of your

computer wait a couple minutes right

before six o'clock and wait for the

first print on a one minute chart when

it opens up that opening price you drop

a line segment on it okay okay and what

I do is all I do is I take this little

line thing here horizontal Ray and I

just go and I drop it on the opening

price

and you can annotate it any way you want

okay I know some of you folks that are

on on the other side of the pond if you

will uh you don't like to see our

numerical version of like today's date

for me would be

08074 and for you across the pond you

would probably see that as July 8th and

obviously it causes confusion so I I

generally don't annotate it like this

but for the purpos of not confusing

anyone and for completeness sake um when

you highlight and annotate your chart

you have to do this okay this is the

part if you just put these lines on your

chart and you're going to have about

five of them because you're going to use

the present week or if it's on the

weekend the new one that forms on

Sunday's opening price you annotate that

on your chart and then you'll have four

more prior to that so you're always

going to have like a floating reserve on

your charts of five weeks of new week

and new day I'm sorry for new week

opening gaps five days look back for New

Day opening gaps new week opening gaps

is five weeks so when we have these

levels annotated like this you can you

can call it whatever you want you can

label the way you want but I taught my

students that this would be referred to

as the new day opening Gap High now why

is that it's the new day opening Gap

High because at 7

o' in the morning on Wednesday and yes

that Gap

forms technically on Tuesday evening my

local time in the Eastern uh east coast

of the of North America but that's

really technically a gap or inefficiency

that is attribute to and should be used

for the basis of Wednesday's trading so

it's a little confusing but if you

rewind that and listen to it again it's

pretty straightforward but at 7:00 in

the

morning There's 7 a.m. and if we scrub

this down here you can see that we are

way above that new day opening Gap see

that and since this is the first level

you would come to that makes it what the

new day opening Gap high and then the

next level below it which would be which

whichever is is the

next um reference point you can have a

gap in this case we have a gap that has

gap

down so where we closed here on this

Candlestick there on Tuesday at at 5:00

we open lower see

that now when we drop down to it here

what we have done is we left this

portion between this candle's low or

whatever this one is whichever's

lower that little segment of

inefficiency is still present because

what is it

lacking what's it

missing sside delivery not sside

liquidity cide delivery okay so if you

look at this Candlestick here we opened

and trade it

up so there's nothing passing down into

that candle's

low or I'm sorry the opening price it's

it's not it's not offered yet so when we

annotate our chart like that these these

gaps

okay these gaps will be referred to for

a week now sometimes you'll see they

actually get referred to couple weeks

later still they they'll be sensitive

because they're real algorithmic arrays

where the market will refer back to them

but I'm not going to be able to teach

you every aspect about those things

because to do that opens a Pandora's Box

for me and I'm not going to do it okay

the fact that these exist and once they

get traded to anybody else that looks at

gaps would think okay it fill the Gap

and that's it throw it out the window

it's done it's over kind of like how the

the the myopic view of supply and demand

where they say I need a fresh Zone

everything I serve up as a PD is piping

hot and fresh every single time it

doesn't get stale okay but for the

rule-based idea Trader in you new day

opening Gap this is the part where you

write down your Journal folks or your

notes new day opening gaps have a life

cycle of five days okay you can use them

longer if you want to but for the

teaching purposes when I taught new day

opening Gap first I taught it on Twitter

I introduced it there in Twitter spaces

and I talked about it as a aftera and

made its way into my lectures on the

YouTube

channel they can act like magnets where

draws price back down to them because

these levels these

gaps have real value in them because

there's an absence of any real trading

even when you see them open up initially

here we can see that it opened there it

traded above the previous day's close

does so here and comes back down and

then runs back up stays around in here

runs back up stays around here drops Sol

drops a little bit and leavs a small

portion if you take a

Fibonacci okay if you take a

fib and you drop it on the

lowest open or close if we me let me say

this part first before I get any

further if you look at it from

here I going to zoom in use this little

thing the Jen here zo real tight

here's the closing price on the Tuesday

at 5:00 we opened down here so that's a

lower gap

opening the opposite would be this where

we opened above that closing price so if

we opened up

here then you would draw the same lines

the same way and you you're using this

Ray down here that extends it in

perpetuity it keeps going to the right

it never never stops projecting it to

the right and your an

ations when you annotate them put it on

the middle and to the right and then you

label it real important that you put the

date in it whatever format you want to

use it's that's up to you but that

format or that date rather helps you

organize the level of

importance so what does that mean if you

have a uh new day opening Gap say for I

don't know two months old okay two

months old and we haven't referred back

to it since the day that it formed and

then in that in that instance I would

find it it

important I have a a journal page a

spiral notebook basically and I write

down every single new day opening Gap

high and low and it's midpoint or or

consequent encroachment and I I'll

explain what that is in a second too and

I keep a running log of that and as long

as we're 150 Handles in close proximity

to any one of

them then I personally will look at them

so I'm kind of like showing you my hand

a little bit today

so for you because it's something

probably new to you and you're probably

going to have a whole lot of them on

your chart because you're going to think

that you have to have every single one

of them forever it's

until you know until you run away from

all the ones that you're presently

trading around um you don't want to

clutter your chart up but I like to see

them and in in my journal that has a

spiral

you know page that it's basically a

column and I write down what that market

is and it's usually just the S&P and the

NASDAQ and sometimes the bond market

the the high and the low and the

consequent encroachment and the weak

that it opened up and formed so for

instance this is for Tuesday okay on the

day it formed but is it for Tuesday's

reference no it's for Wednesday's

trading and that's why it's labeled that

way okay so you're going to use the next

day after the 600 p.m. Candlestick so if

you look down at the bottom of the chart

down here it says Tuesday August 6th but

really what we're doing is we're

building a reference point for

Wednesday's trading and for the next

five days so that means this will

overlap into next week five trading days

not five calendar days five trading days

okay if you have a

holiday skip that and add one more day

to it and that's kind of like your life

cycle for New Day opening gaps new week

opening gaps go back with a life cycle

of five weeks so you're always going to

have five weeks of new week opening Gap

and a new week opening Gap is where we

stop trading on

Friday at 5 o'clock and then where we

open up at on the the Sunday at 6 p.m.

and then you mark it the same way here

the only difference is you would say NW

which is new week opening Gap they tend

to be very sensitive still five weeks

back now that's not a it's ended at five

weeks and you can never refer to them

again okay it's just a general rule or

principle that you can start with you're

going to discover that they work six

months nine months still away because

there are actual places where the market

didn't really efficiently trade as I'm

showing you here but if you take the

levels once you have them that have them

on your you want to on trading view you

want to create a

um I don't know what they call

that let me let me let me do this real

quick whatever this is called up here

layout okay you want to create a layout

that has a title that maybe it's new

week opening gaps and on that layout the

only thing you have referenced for the

market that you trade or markets um or

simply just the new week opening

gaps and or you create a layout that has

the only new day opening gaps or new

week opening gaps rather that is sailing

to your market so that way if you're

ever watching price action or if you

start your new trading session today or

tomorrow or tonight whatever you trade

when you when you pop up one of your uh

layouts you'll have the information

right away populated on your chart and

you don't have to have all that stuff on

your chart when you're working with the

chart time frame that you're exercising

or executing on so I'm I'm saying that

for the folks that are working I'm

physically sitting down with you with a

laptop so I don't have all the multiple

charts or can uh screens in front I mean

they're in front of me but they're off

but I'm trying to teach it from a

perspective of using a a single device

like one laptop so that way it helps you

manage your information and not clut

your chart all up but once you have them

on this is how you get the uh other

levels that are important to me

use the low drag it up to the the the

close which is the high or New Day

opening Gap and here is your consequent

encroachment that's the midpoint okay

that's not equilibrium it's consequent

encroachment why is it consequent

encroachment and not equilibrium because

equilibrium is a range that has been

delivered up and down okay think of it

like a trading range this is not a

trading range it's a gap it's a real Gap

so that real Gap

has a missing level of buying and

selling there's really no buying and

selling yet because we stopped trading

on the previous session at 5 o' and then

resume trading here so there's nothing

being offered as a buy or sell no

printed trades until that opening right

there and then it starts trading but

what is it doing it's

delivering uh buy side delivery that

means it's going up so what is it

lacking sells side

delivery if we take this level here and

add 75 and 25 0.25

0.75 what that does it grades into equal

quarters the range okay Watch What

Happens look how it stops perfectly

right

there what's the price

18,

04950 it stops exactly right there right

there look at that candles look at that

candle low right there right up here

look at that price right there okay

what's the low of that

candle folks that's [ __ ] perfect okay

perfect you can't improve on that you're

going to tell me buying and selling

pressure stop that right there some

random bunch of jokers out there looking

at goofy stuff that they stopped the

market right

there okay Lookout price gravitates

around the upper quadrant see that see

how it's gravitating around that and it

expands just a little bit let me take

this off as you're probably thinking

this has something to do with any it

doesn't have anything to do with

this let me take this off these are

extensions for like swing targets and

stuff so the last time we talked I was

showing you uh yesterday's live

session that's why that was on there and

if you don't believe me go back and look

at the recording and you'll see those

levels were actually the ones that were

highlighted in my Fib so here we have

the upper

quadrant midpoint or consequent

encroachment consequent encroachment is

the midpoint of any Gap or any

inefficiency okay that means if it's a

Cy that means it's a it's a down close

fair value Gap the midpoint is

consequent encouragment the best shorts

will form at the lower half of that

because you want to see the upper half

left open a midpoint of a bissy which is

an up close fair value app the best

fills for going long are going to form

in the upper half of that you want to

leave the lower half open why because

you want to see it create a breakaway

Gap that that inability to fill in that

area down there and if it rallies that

indicates to you that the algorithm is

really going to start spoiling quickly

and you anticipate large range

expansions holy [ __ ] I'm dropping some

diamonds today aren't I yes I am because

it's 2024 baby and it's about time you

start making some [ __ ] money around

here so this lower quadrant

beautiful

consolidating it trades just outside of

the new day opening Gap and Market

trades down look at the sensitivity on

the upper quadrant you see that see

it look at that it's staying very very

close to the upper

quadrant and then boom we trade down to

consequent crment and then one more time

look where it trades that lower

quadrant does it one more time just to

take the low out but does it come down

and touch the very very low of the new

open Gap formed at Tuesday 6 PM no so

what's it doing now it starts to Rally

higher we have this little segment of

price action here that is

inefficient there's no Trading down

there you know once it formed this low

it starts moving

higher if you have these levels on your

chart even if this was to come down and

touch that low here and then moved out

of it that does not make this high that

midpoint or that low stale or of no

consequence or importance anymore it

it's still meaningful to me for five

days five trading days okay so if this

is for Wednesday this is for your notes

make sure you write this stuff down down

now since this formed on Tuesday for

Wednesday's

trading you have Wednesday's trading

that's day one Thursday's trading that's

day two Friday is day three Monday is

day uh is trading for day four and then

Tuesday so this new day opening Gap is

still valid until Wednesday next week

that's how I would classify it okay so

that way if you have any confusion about

how long they're useful to me or not not

that they're not useful but I love the

sensitivity around them for the next 5

days let's say it that way I think it's

a better way of representing what I

really mean but and truth be told I will

use them nine months in the past if it's

if it's within the narrative I'm

expecting to see price behave around

them and that part is experience so just

just know that what I'm showing you here

is gold and I'm going to show you how to

use it a little bit more specifically

because it's my son that's actually the

audience member I'm aiming for

so we can see how the market leaves that

area yeah there's no

algorithm um here's 7 o'clock here's 8

o'cl here's 9 o' and we were way above

it we're really north of

it when it form those uh opening

intervals so S 8

9 I must have mve that line I

apologize looking at those lines and

they like they don't look uniform and so

here's

seven eight and nine and we were way

above it

so here we are there you go while I was

talking the jaw B it went down and

closed it in okay so if you watched it

at the very beginning the the recording

is still there I'm going to delete the

recording of the first attempt to try to

do the live stream so you'll see this

was actually in the chart beforehand um

but it's not a big deal I mean most of

my stud already know about new day open

gaps anyway but uh the ability to want

to see it gravitate back to them every

single day if you have the last five

like the week you're trading in right

now that's that's one that's one week of

it or one day of it rather and then you

go back the last four trading days so

you have five of them on your chart and

as long as we're in close proximity to

them they're going to be impactful to

your trading and if you're bullish if

there's one above you but there's

several of them below you now this this

right here folks this is the this is

gold dust okay if you have a clustering

of new day opening gaps predominantly

above where the Market's trading at and

maybe there's one you where you're

trading at now around the market or

maybe it's below you where do you think

the Market's more likely to

go oh my goodness

oh my goodness I'm getting

moist it's going to gravitate where the

multitude of inefficiencies existed

because it's going to give the market an

opportunity to go back there again why

because there are people in this

industry that trade with this

information that you're not supposed to

have and it provides that that vehicle

of Entry that mechanism of repricing up

there it has an absolutely nothing to do

with buying and selling pressure as much

as those little goobers that write those

books and sell courses tell you it's not

how it Works folks that's not how it

works and if it breaks your heart God

bless you get over it because this is

what really makes the markets move

around time and price but you have to

have reference points to know how do

these markets Book price because they're

going to use these hidden areas oh

they're not hidden IC everybody knows

about gaps right and look at everybody

else's use of them y it's going to it's

going to be a gap fill and then it

doesn't fill the Gap it runs away and

then the Gap to used later on at some

other time and once it fills once it

fills they're nobody's interested in it

anymore Allah Chris Lori they'll say

there's an inefficiency a buy side U

imbalance as we call it bide imbalance

cide and efficiency he'll call that a

liquidity void that's not a void of

liquidity it offered buy side delivery

there was buyers going on in there

what's it AB what's absent sside

delivery that means moving right back

over top of it and and tamping over top

of that run up in that single candle so

look at it look at this stuff okay he

would say okay that's we're done now

we're done with

that once it filled it in he's done next

setup not me brother not me uh-

uh these things around specific times

they are absolutely useful and will be

used by the

algorithm now think about it if

everybody has the same logic that once a

gap fills

it's over then why would they [ __ ]

work again over and over and over again

every time they trade back to them and

nobody's ever noticed it no one's ever

noticed it I got over 2,000 trading

books okay not one of these Jokers ever

talked about it

ever and the first time I started using

this information to call the Market in

front of family members and friends and

say watch what it's doing right here

look what it's going to do right here I

don't have the level strong on it I'm

telling them this is where it's going to

go so other words I'd had to level here

here and here just in my mind say okay I

know that number that's the one I'm

going to see it trade to and the watchs

their jaw open up like how do you know

that yeah it's good a it is't it good

it's so good well these things are

always there they're never going to hide

it from you folks okay and you're

probably think oh they're going to

change it because you taught it [ __ ]

how are they going to change the

Gap first of all they're not going to be

able to hide the Gap from you if we open

at 6 o' higher than where we closed at

5:00 we have a we have a gap gap opening

it's a higher

Gap okay I don't care I don't care if

it's a up Gap or a down Gap I want to

know what those levels are what are they

the three levels here consequent caching

which is the midpoint the highest high

and the lowest low what's the high

whichever is higher where we stopped at

5 o'clock or where we opened at six

o'clock

it's a very simple process that's not

complicated what's going to be

complicated is is if you're trying to

have a thousand of these things because

it's you know 200 some trading days in a

year you're going to have a lot of them

on your chart and you're going to look

at this and say what the hell am I

supposed to do and the Jokers that are

in the listening audience are going to

say well of course it's going to hit one

of these levels there's so many of them

you're a [ __ ] clown this logic is

very specific just look at the last five

and if there is a clustering if say at

the last five say there's three of them

that are above price at the market price

right now when you are looking at 7:00

and 8:00 and 9:00 anticipating that

engineering of liquidity I'll come into

that I didn't forget but if you know

that you have a series of new day

opening gaps

above chances are they're going to want

to gravitate to that so what would that

do for you as a Trader if you're

anticipating a

short give it a chance in that first 30

minutes to try to reach in that

direction because they might spike it up

there in a a really thin price run to

get up into those old new day opening

gaps then wait for it to break down and

show a market structure or a breaker

okay and or look for an inversion Fair

Bay Gap like I tell you in the part two

of this mentorship how to see them those

are so powerful they are so powerful

that that is one of the bangers as a PD

array if if you if you can sit patiently

I I say this about all my PD R in case

you don't know that but if you could sit

patiently and wait for them to

form they will give you Runners that

just are so good it's like the first

kiss of a

girlfriend the taste of those lips

that's exactly what it's like it's

beautiful it's love it's love loveing a

Candlestick baby and this type of stuff

repeats over and over and over again so

when I spent time teaching what I have

made a real attempt to do is hey your

mind up and your attention to these

critical times and conditions where the

market is more predisposed to behave a

manner that's

one-sided that's what you need as a

Trader you need movement number one you

need to be able to predict that movement

and you need to be able to predict the

movement's direction

unless you're trading options and

there's a way to do that too you don't

need another Direction you can be delta

neutral but that's another time for

another subject matter but in this case

we can see that these things tend to

repeat they tend to repeat every single

day every single week okay so now what's

the difference between a new week

opening Gap and a new day opening Gap

well there's five new day opening gaps

in in the course of a week you only have

one new week opening Gap

so what do you think has more impact on

a swing

trade a new day opening Gap or a new

week opening

Gap a new week opening Gap because

you're you're factoring the imbalance

and inefficiency of a new week opening

on Sunday at 6 PM where they've had a

whole weekend to digest everything and

they use that opening price who's that

those individuals that are in control of

the marketplace I know you don't like to

hear that and I know it pisses you off

cuz I talk in a very condescending tone

and arrogant pricky and all that other

[ __ ] but if you took the time to

investigating things that I'm telling

you you'll see that it's there this

isn't retail buying and selling pressure

it's not large funds buying and selling

pressure that's causing them the turn

because that's not what happens doesn't

matter how much buying and selling

pressure has absolutely no bearing on

it you'll be able to sit down and

predict with a high degree of precision

and accuracy where the Market's going to

gravitate to that's the very first stage

in your development that is not

profitable trading that is not Precision

entries that's not tight stop losses and

lowrisk management it is the first stage

and you have to warm up to that idea of

knowing okay this guy's talking to me he

does talk a lot but the [ __ ] he's saying

and the stuff he's pointing out is

happening all the time so it's worth me

listening to because I'm not talking for

the sake of talking I'm telling you all

the things that's going to arise in your

mind as a fear as a uncertainty as a

doubt these are all things I have

experienced myself and I have millions

of students and they all give me

feedback whether I give a response back

to them or not I take that feedback and

I say okay I can I can use this

information and the next time I talk

about it I'll kind of draw that in the

conversation so

I know pretty much what questions you

have in mind that's why it feels like

I'm reading your mind when I'm talking

about certain things if I'm watching

price action and I'm saying I'm looking

for this or that and then I'll say and

you probably think this this this

because I have heard all those questions

before that's all it is I'm not I'm not

Clairvoyant I don't believe in ESP so as

much as it looks like sometimes I have

it if we have a clustering of new week

opening gaps below the marketplace okay

I'm going to elect to see price

try to gravitate to that that's not a

hard and fast only going short it just

means that if I'm going to look for a

long I'm going to wait and see right

away do they want to drop it down there

in that direction doesn't mean they have

to trade to those group of uh new week

opening gaps or New Day opening gaps

either

or it just is a filter that my

mentorship students don't even know

anything about they're they're grinning

right now because they they're learning

just like you are and when you have

these things recorded in a layout for

your chart you'll be able to see oh yeah

there's a there's a number of new day

opening gaps and a couple new week

opening gaps that are below price and if

you seen we've only worked it one time

in other words like we've seen it here

it went down into this one this is the

first time we passed down into it and

this is the second time we passed down

into it okay if we've only touched the

new week opening gap or a series of new

day opening gaps once they're really

sensitive like they're hot they're going

to be one of the be they're goingon to

see price draw back to them that's just

a guarantee it's gonna happen and

there's very few guarantees in price

there's very very few guarantees in

trading but this is something that

you're going to study and you're going

to see it's what I just said it's the

gospel it absolutely is always there and

that right there cancels out the whole

idea that these markets aren't rigged

because why would it

care why would it care about a gap that

filled weeks ago why why would it do

that unless it's being called as a

reference point through

coding and it's referring back to a

certain span of

time almost

slipped let me slow down it's

a very specific reference of

time that the algorithm will seek and

look back to okay and by having that

look back period and looking at these

reference points in price so you have

time and then price and when you can

identify these things and they they're

never going to be able to hide where

they open the price up in relationship

and in Defence to where we closed it at

5 o'cl can you understand that much if

you're brand new and you're thinking

okay this is probably going to stop

working because it's being taught I

taught this and it's it's it still works

beautifully it's not going to stop

working okay believe me if I believed

any of this stuff was going to stop

working if I taught any of it you would

never know about it okay the things that

I teach they're just very Market generic

they're going to behave this way all the

time because this is the source code

this is exactly what it's going to do

it's always going to do these things

until they tear the markets down

entirely this is what's going to be

there so as long as we can trade markets

these

advantages are going to be available to

you that should excite you it should you

it should give you passion and desire to

spend more time seeking them and

understanding the characteristics around

them and what this does it gives you a

magnetized reference point of where bias

can draw to even before relative equal

highs or lows

form wait a minute slow this down slow

your rooll ICT say that one more time

because I think I just heard you say You

can predict relative equal highs and

lows before the reform yeah you're

[ __ ] right

yep that's exactly what engineering

liquidity

is that's exactly what it is okay so if

you have a predisposed predisposed

um likelihood if it's likely that we're

going to draw down to a new day opening

Gap or we're going to draw down to a

cluster of new day opening gaps that

haven't been traded to or used much or a

new week or new week opening gaps that

are clustering below market price at

what time at what time

ICT at 78 or 9 you're you're referencing

you're trying to get a feel for what is

it what is it likely to do sure there's

going to be volatility sure there's

going to be probably all kinds of

movement around but what was the market

showing us right away well it's got

relative equal Highs but it's also got

relative equal lows from 7 o'clock and 8

o' okay so if we know the new day

opening Gap is down here south of all

that down

here we know that it's probably going to

run these

highs so you as a Trader Caleb you're

going to be thinking all right I know

that this is a gravitational pull on

price the algorithm is going to want to

revisit this

okay if I noticed that there's relative

equal highs after 7 o'cl that was the

rules I gave you there's no guidance

from ICT by the way there's no guidance

there's no rule B this idea he never

tells you how to do it it's just he

talked vaguely and he reinen things and

rename stuff that other people wrote

about here's the high and the second one

okay and the market drops down do you

chase

that no

uhuh why because you have a new day

opening gap down here that it's most

likely going to trade to

okay it doesn't need the trade there

today as I'm going to prove to you in a

little bit okay you can be profitable

without it never reaching that it could

do that return back into here in London

last like like tonight it could trade

there in London tonight if it hadn't

dropped down there and that's what I

would have done looking for a trade in

London okay I know some of you thinking

oh here I would have could have trust me

you're about to see an execution just

sit your ass down these highs

here that would be an ideal scenario to

run those highs out that would be a fake

move so that would be a Judah swing okay

as referred to before if we we have a

predisposed Direction in mind where we

want to trade where there's a larger

draw or gravitational pull on price

that's outside the parameters of just

relative equal highs or relative equal

lows because that's just one piece of it

that's just a piece of it so you want to

have a a tool a weapon okay A a weapon

in Your Arsenal that will help you

understand with more probability more

odds in your favor that the Market's

going to gravitate to a very specific

range in price action and that range

needs to be a new day opening Gap or a

new week opening Gap Caleb that's your

black hole if you will it's going to

draw price to it it doesn't mean it's

going to be a straight line to it it

just means that it's going to have an

overwhelming impact on the overall

direction of what pric is going to do

there may be static price action moving

around it might have a little bit of

flurry of rallies here and there but

ultimately it's going to bend a knee and

go right to where it needs to go which

is the new day opening Gap or new week

opening Gap okay so this is engineering

liquidity as the market drops down we

would never go short right away after

seeing new uh new start of a new am

session at 7 o'clock and they have

relative equal highs especially if we're

thinking a new day opening Gap is a draw

so what we would rather do is we would

rather see it trade up and cancel out

this liquidity so as it's dropping

Traders are going to chase that think

yes this is a this is really good this

is easy all I got to do is follow the

moving averages okay do your stochastics

overbought and oversold uh you you take

your profit wait for another overbought

and go s go short right well this level

you would have on your chart and you

would observe that okay

Above This high is buy side okay buy

side liquidity or buy stops the market

rallies after nine

o'clock we get this little squiggly line

here and then it runs pumps up above it

one two three relative equal High then

breaks down and then increas another

relative equal

High Are

we more likely to clear these highs

here if we have what I've been teaching

you here the larger draw the more

influential draw on liquidity are new

day opening gaps and new week opening

gaps that's the real hidden that's the

magnet on price okay and when you start

mapping them out on your chart and

keeping them active on your chart with

the time reference points that I've told

you like the the life cycle of

them for the sake of having more time

used with them you can create an

additional layout on trading view where

you keep them

for as long as you want okay but just

understand knowing how to use them and

managing them when they're older just

you have to keep track of how many times

they've been referred to and it takes a

little bit of effort and most people

don't want to listen to me Teach

something that's going to make them

millions of dollars if they put their

asses to work with it but hey you know

everybody wants to do their own

thing you can see the power of using

this information once you start logging

them in your own charts you're going to

see them in your charts once you have

them you're going to watch price do all

kinds of silly [ __ ] that people on

YouTube on Twitter on social media if

they're making their opinions vocal in

public you're going to start smiling

your the corners of your mouth are going

to start aching because you're going to

be smiling grinning your ass off because

you can see them falling victim they're

literally falling on the sword of the

market and then they're going to get

sucked into emotion going right down to

these levels or up to these levels in

different to when it's bullish but

you're going to see it and you're going

to watch it unfold and you're going to

have a perception over price that you've

never imagined

before it's it literally is if you

remember watching the Batman when uh he

he linked all everybody's cell phones

together and it was like a a radar he he

could see things because of their cell

phones all being linked together or like

the Matrix when Neo finally saw the

Matrix for what it was and he could just

see it in binary code Z zeros and ones

and that it it's very very close to that

feeling if I can use an analogy that's

artistic if you

will because you have a vision that's

outside the

candlesticks you don't see the

candlesticks anymore for for just open

high low and close you're seeing them as

a black hole pulling

price okay pulling price dark pull

pulling price

where everybody else is unaware they're

unaware they have no idea what the

[ __ ] going on they're freaking out

because they're losing their trade

they're blowing their accounts their

system stuff ain't working the guy are

folling signals are

[ __ ] they have no idea what's going on

but it's Greening towards this hidden

area that nobody seems to give a [ __ ]

about but they saw it when it gapped

open at the beginning of the day they

saw it Gap

on Sunday everybody knows about that Gap

it's always been talked about gaps oh

everybody knows about a

gap nobody knows about a gap but they

all know about it

now these areas of price will never ever

ever ever ever ever ever ever ever be

hidden from you so therefore they will

always have Effectiveness in your

trading they'll always be efficient comp

departments to a trading model that has

a huge impact on what makes you

successful in Reading price therefore as

a default if you can do entries that are

very systematic that have sound logic

behind them and you have small risk and

you don't overtrade then by default what

does that mean that you're offered and

afforded potential profitability and

what happens if you do these things

these routines these protocols these

step by step by step by step things this

guidance and you don't deviate from it

you don't try to reinvent the wheel yeah

I like icts rims but I'm going to spray

paint of my color and call it my

thing no don't change it stick to the

things that I'm showing you don't

embellish upon them just take that

information and use it and be thankful

that you got it because I didn't have to

give it to you I didn't have to teach

this stuff to you I've been sitting on

this stuff for three decades

man watching everybody else out there

act like they know they're talking out

everybody on CNBC the Market's gonna do

this the Market's gonna do that oh [ __ ]

and then what you'll see is when you can

watch social media as a herd when they

start talking about when they're bullish

and when they're bearish or they say oh

it's a crash the Market's crashing

you'll be walk right in there and say

okay I'm going to be a

buyer oh the Market's going to drop it's

it's going to it's going to crash it's

going to crash you go in there because

you see that herd mentality going

against an

idea based on these principles and if

it's diametrically opposed the odds my

experience the odds are going to be in

your favor and less in

theirs and that's the key to trading

with high degree of precision you have

Smart money precision and odds in your

favor when you're waiting for periods of

time when the markets participants that

are stupid stupid dumb Street money

that's people that talk about their

ideas

online those individuals that openly

show their hand and show their

cards that is Street

money okay Street money is my wife when

Bitcoin was just about to get to 20,000

the first time but failed and she said

do you trade Bitcoin I said what did you

just say to

me I said do you trade Bitcoin and I

said that's it didn't even answer I went

right on Twitter I said that's

it Bitcoin ain't hitting 20,000 it's

going to go it's going to drop to 6,000

and it did and I said I was going to go

to 3,000 but I was off by three 300

points it's all history it's all

there her perspective is Street money

it's the dumb money perspective because

she doesn't know how to trade she

doesn't know how to markets operate and

here she is has she has an interest in

Bitcoin because it had been going up

everybody's talking about it well there

you go go you're near the

high so what I like to do and a lot a

lot of people get pissed off at me a lot

of people that are taking my stuff and

trying to run mentorships and stuff

they're really going to heat up and

start talking about me okay they're

going to say I'm a fraud they're going

to say this that thing because they need

their marketing to focus the attention

on themselves and they look like a hero

because now they can point the finger

back ICT IC doesn't he doesn't teach you

look at everybody's making money off the

stuff I've taught for don't forget that

don't forget these people talking to you

have made money off of the stuff I've

taught they all have a little sales

pitch and that's fine look I got no

problem I got no personal beef with

anybody you're going to do what you're

going to do because you need to eat and

I'm not trying to starve anybody I'm not

trying to starve anybody because what's

about to happen it's going to affect

every single one of us so if this helps

me from dulling out money to my son

because he can now make his money doing

this outside and above his job guess

what that helps me do it helps me sleep

at night it takes any worry about him

not being able to make it if something

happens to me he's he's able to do this

he can take care of it and that means

that his brothers who don't

trade they can learn from him I've been

trying to get one of them to do it

really well so that way I know if I have

to lay my head down for the last time

and leave this world that I know I'm

able to have this passed on that's

that's my

motivation but you have to think about

okay well here's relative equal highs so

they're going to run above that right

because ICT said they're going to run

above the highs

you see what I'm showing you here today

this is underlying narrative and you're

coupling it with the engineering of

liquidity if there's an arm wrestling

match okay say you have an arm wrestling

uh match between uh oh good gracious I

can't even think of anybody that's a

strong

man I I don't I don't know uh just think

of someone that's very very strong okay

big biceps big upper body big latissimus

dors side deltoids real big and then you

have somebody you

know some teenager at at school okay and

he's got like spaghetti arms and they're

going to have an arm wrestling match

who's going to win clearly right clearly

it's going to be the Behemoth it's it's

it's a monster right clearly outweighing

and strength and

everything when you place the effects of

what street money will see in price

versus what a smart money perspective is

over price you literally are arm

wrestling the strongest man in the world

expecting to Win It it's not going to

happen and this repeats every single

week and every single trading day

because the retail crowd number one they

don't even believe most of you listening

to me you probably don't really believe

there's an algorithm but you you you

entertain me because you think this is

something like a nervous tick I got to

keep talking about or whatever I you

know at this point if you don't see it

or believe it there's no hope for you

there's literally no hope for you in

that regard you don't need to believe in

an algorithm for it to be profitable you

could say well you know I'm going to

suspend my belief about it and it's not

important to me I just want to trade

something that works okay wonderful but

you can't knock me for telling you

what's really going on because I'm not

lying to you about it it's really there

and these are the reasons why it repeats

because if it's an algorithm the

algorithm does the same things all the

time because it's following a code it's

following the syntax and coding and the

logic that was used to create it and it

has to refer back to Old information it

can't pull stuff out of its ass it's not

a real thing so it has to use

instructions like a recipe okay if you

have a recipe card you pull it out and

say I want to make a chicken alfredo all

right what ingredients do I need I need

this this this this this so the recipe

is calling your attention to well before

we begin you have to have a measuring

cup of this much parmesan cheese and

this much of this and cream and whatnot

you have to all have all these

information laid out in front of how

much we have to have but then you have

to do what you have to execute on that

and get those ingredients measured out

and then you combine

them well the algorithm has to have that

information to call from it needs to go

back in time where it has delivered

price before and it's based on

date day of week month of the year week

of the month what quarter of the year

and what price and what time it was

trading there that's the real [ __ ]

nitty-gritty baby that's what's going on

it's going back to those reference

points it is abs absolutely has nothing

to do with how many times a level was

traded to and now it's created

resistance because everybody stopped

buying it because it went there before

this didn't stop going up because it ran

out of

buyers this didn't go down and not go

higher because it was more

sellers but that's the [ __ ] that

you're told there's a lot of Talking

Heads that get paid a lot of money going

around the world teaching that nonsense

there's a lot of people that go TV and

talk about this stuff and say that

that's what's going on and people eat it

up eat it up oh yeah that's exactly

what's going on that is absolutely not

what's going on that's not what's going

on the liquidity above these highs it's

traded to a here and then it runs a

little bit higher and a little bit

higher and it creates a relative equal

High here and this is designed in

engineering liquidity and this is this

is the the part

that where if you're anticipating a

breakout move you don't get

filled but if you're short you're

getting punished all day long because

they don't want you a part of the move

you have to

wait wait a minute what you got to wait

for

ICT what did I mention at the beginning

of this lecture

today the economic calendar when there's

an absence oh yeah that's right you were

did you did say that [ __ ] there's an

absence of any medium or high impact

news driver in the morning session where

they're predominantly usually released

around 8:30 sometimes 10:00 hour like

that you have the 10:30 you have the uh

the Crudo inventory

number that is generally that like that

that

morning time of day is where all the

reports come out and predominantly it's

mostly given at the 8:30

uh eastern

time but we had none of that today but

1:00 eastern time we had the bond

auction so in my mind what I like to do

is I like to sit

still and wait for them to get

everything all set up for that Bond

auction to release at

1:00 now you can you can look at the

economic

calendar and you can use what I'm

showing you here today every single time

they do a bond Bond auction if there's a

day where there's no morning data this

is the this is this is important now

because sometimes you'll have a bond

auction but there'll be Morning News

drivers that doesn't hold true for this

okay this is a condition this is a setup

and a part of determining the narrative

where it's just a clean shot and you can

just really anticipate it paining out

and you can trust everything I've taught

before in terms of Entry mechanisms fair

value Gap entries uh bearish Breakers or

I'm sorry uh bearish order blocks and or

immediate rebounds you that's some of

the things that you're going to see that

I used here to to do a a trade it was a

demo trade okay I want you to understand

that it was a demo trade it was me

showing my son saying hey not Caleb my

youngest son I said this is what Dad

thinks is going to happen here I'm going

to push the button here and I'm going to

wait for it to come back up again I'm

going to show you the execution I'll

walk you through it and then show you

how if you want to hold on to a trade

because I saw a lot of people leave in

the very

first lecture that uh I started in this

2024 mentorship uh I got a lot of

comments saying can you please talk

about how to hold on to a trade how can

you hold on to a trade how to hold on to

a trade for a longer price move well you

obviously have to be able to get into a

profitable trade to begin with so that

that that right there is the first

important factor that you have to first

meet if you can't do that then it

doesn't matter how how far you want to

hold on to a trade because if you can't

get into a trade and make five Handles

in the S&P or 10 Handles in the NASDAQ

and consistently be able to do that you

probably are not going to be equipped to

try to hold for something higher than

that so I'm sure there's a lot of folks

out there that think that by saying

here's how you hold for a larger trade

but they can't do a five handle uh trade

consistently in an S&P or 10- handle uh

run in the NASDAQ if they're not doing

that they think that the answer to

giving them a longer trade hold time or

protocol or procedure that allows or

affords for that that that's something

somehow answers the question of I don't

need to do a 10 handle or a five handle

because I'm now going to trade 50

handles on NASDAQ okay intermediate term

price run for me is 50 handles or more

okay for Nasdaq and then you have a

larger um price swing is f is 100

handles or more and it doesn't I don't

have any grading beyond that but

anything less than 50 handles is just to

me it's like a scout it's a very small

Scout intraday trades um where where

you're swing trading intraday volatility

it's usually like a 50 handle or more uh

price run okay and I'm going to teach

you a little bit how to do that and then

we'll close it for

today so um what this does it Engineers

liquidity with the relative equal highs

when the real narrative is it's going to

drop down

here and if that's the case and you

don't know how to hold for the longer

term trades because the things I'm

giving you here today you it's going to

take time for you to grow into that okay

it's going to take time for you to to

get comfortable with it to fail with it

sometimes and then wrestle with what

that feel what that failure feels like

for you emotionally and psychologically

and you'll see that you're going to do

it wrong in the early stages a lot and

every single time you do it wrong you

have to treat those opportunities as an

opportunity for you to go in and say

okay what didn't I do correctly and what

can I take away from this don't look at

it as a didn't work I'm throwing it away

and I'm going to go back to somebody

else on there that has some kind of push

a button and show me something on my

chart and I'm going to follow that or

let me follow a live streamer and try to

copy them for anybody out there that's

trying to copy a live streamer or a

signal service guy or

gal to me that's the epitome of weakness

because what you're saying is is I am

too [ __ ] lazy to learn how to do this

on my own and I'm going to trust

somebody else that doesn't give two

shits about me or my money or my my

welfare with my family nothing and

they're up there for clicks and giggles

and AD revenue

or monthly revenue from their signal

service or mentorship that's that's what

they care about that's what they care

about they don't care if you make money

they don't give a

[ __ ] but you're going to put your faith

in something like that you're exercising

more faith in somebody that doesn't not

give two shits about you versus someone

doing this for free and I've made

millionaires I've made millionaires

teaching this stuff to them and they're

using it they've brought receipts

forward it's all over the internet

people are using all this stuff okay but

you don't want to trust me for whatever

reason I don't know why but this stuff

works and it can work in your hands and

place that faith that you're putting in

these Jokers out there that are trying

to rip your ass off and and take money

from you take that same measure of faith

and place it in yourself and your

ability to do this because you can do it

you absolutely can do it you just got to

let yourself get to that point where

you're not letting outside influences

mess you up and don't let that internal

voice that you use to defeat yourself

with don't let that you know hold you

down either you're going to have

adversities you're going to mess it up

you're not going to follow rules you're

going to try to invent something new and

that way you can say I want not use this

and help me make my own model no you

didn't you gambled and did something

outside the realm of the procedures and

processes I've outlined and then it may

have worked for you there let's see if

it works for three years in a row and

you can quit your job on it are you

willing to bet it that much before you

start talking about what you did on

social media chances are no but you want

to have some dopamine hit your dopamine

hit should come by you following the

rules and sticking your ass in front of

these charts every single day and

following the rules of engagement that

means

process practice Proficiency in that

order that's how it happens it there's

no circumvention or navigation around to

get to the top of of I can now do it

because I did it in a shorter time

period take the time element of how fast

you need to get there out of it because

you don't know how long it's going to

take you you might be worrying about it

you might be watching these things

thinking I don't know if I can do all

this I don't think I can follow the

rules okay then you have to really

really sit yourself down and say is it

ever going to get easier if you don't at

least try to adhere to the

rules because it's never going to get

easier if you don't do that but if you

do it even if you fail initially the

first few weeks and find no value in it

right away you're working towards a

baseline And by journaling that

experience what you'll see over a month

at the end of the month and you start

looking back at the charts and you say

man I had no idea what this guy was

talking about but now I see this shit's

working I don't I can't get into the

trade yet but I can see where price is

going and when people get like that

that's one of the best feelings as a

teacher because they you're learning the

hardest part to this that's the hardest

part folks you think it's the entries

and where your stop loss is that's easy

[ __ ] that's easy stuff I got 81 ways to

get into that

thing and you only need one and every

single day every one of my PD arrays are

there on one time frame or another every

81 of them there can't be 81 kiml come

on there's 81 of them and it's not just

me talking about an inversion level and

calling it one it's not inversion aspect

of it is not there we're talking it's

technically what double that if you use

it as an

inversion but it's 81 very specific PD

arrays that I can see in price and

anticipate them being there and then key

off of that

but you only need

one just

one just one and the patience to wait

for it with a narrative expecting price

to draw draw to

that and if you can anticipate that you

don't need moving averages you don't

need trend lines you don't need you

don't need Trend analysis there's no

Trend analysis in this I didn't even

refer to a daily

chart notice that we're not even using

daily chart s we're just using intraday

volatility time of day time and price

liquidity but the aspect of

narrative why price should be moving

anyway why should it

move why should

it that stems from the economic

calendar or the lack thereof like we had

nothing on the morning session there was

no there was no data

so that's why I that's why I scheduled

my eye appointment that morning this

morning I told you I I I can't be with

you because I have a an eye appointment

I didn't tell you it was an eye

appointment but I I got to my eyes

checked and my prescription went up to

two two more steps higher so that's a

little concerning but long story

short I afforded myself the time away

from the charts not worrying about any

of this knowing that the afternoon has

that Bond auction some of my students

knew right away by me saying I'm going

to do the afternoon I'm I told you

around 1:30 today yesterday in part two

I told you I would start the live stream

and then I settled in at 1:45 give

myself some time to grab something eat

what and then here I

that is maturity that's patience that's

knowing what to wait for and what to

look for and also canceling out an

interest where everybody else is going

to try to break their

ass doing something in the morning

session if you have no data no reason

for them to manipulate price in the

morning session okay write this stuff

down if there's no data medium impact or

high impact in the morning

session try to trade the afternoon

session because the cleaner price action

will be after New York lunch when does

that happen it's as

1:30 but starting between 1:30 and 230

there's usually some kind of a a sweet

spot that forms in price action where

it's just really really easy to see it

and even if you miss it you can start

using what I taught you yesterday where

you can use a very sub one minute chart

and get in sync with a price run that's

already unfolding on a higher time frame

one minute or five minute chart okay so

to answer the

question and if you'll afford me the

ability to go forward with the lectures

as I intended to do them for my son I

just wanted to address the question of

how how to hold on to a trade

longer how you know how to hold on to

trades that are moving in your favor

longer I had a lot I don't know what I

don't know what instigated it but the

very first video had a lot of that in it

by lots of different YouTube channel

commenters like they were really

interested in seeing how the whole one

to trades longer and

uh truth be told and I hope um Matt

doesn't get upset I can't imagine why he

would be upset about it but at the time

when I was talking to him privately in

text messages I was sharing with him

what I thought the level was going to be

for the day and then I would execute and

trade and I would show him my entry my

stop and as it was progressing to the

trade then when it would hit this hit

the limit order or stop me out before

getting to the ultimate Target whatever

I was trying to encourage him to uh hold

on to a little bit larger price run

I understand he has a model I told him

said keep doing that but try to grow in

using some of the things I'm going to

show you and I told him the very first

uh um videos I do and and that's not

these videos by the way Matt um I was

going to do three lectures turtle soup

um and two other ones I can't remember

the title the head but two two different

subject matters but one was turtle soup

and how to hold on to these uh trades

and how to you know capitalize on bigger

runs in price action and not just do do

ultra small scalping and he seemed very

receptive to it and he witnessed me

doing it like you know week after week

daily showing him you know this is where

it's going to go he would go there and

U I'm hoping that he uses this if he

watch I don't know if he's watching this

stuff but um the the idea of getting

into a trade and holding on to it you

have to have something that's going to

have a

larger uh downrange objective which

means you can't look at something just

on a one minute chart and assume that

okay you know this is what I'm gonna aim

I'm gonna aim for this you have to have

some kind of reason to justify the trade

moving beyond what a small time frame

like one minute is going to afford you

in terms of range how far can it move

and how far can it move that session but

still maybe continue the next trading

day or going into the next week okay um

so just know that I'm going to give you

some ideas here but it's not going to

answer everything

because it's a subject matter that can

be really taken to extreme and just keep

building adding clay to it as you go

because what does that

mean to ask how long or how to hold a

trade longer because you can use any of

these entry models on a smaller time

frame and let's say you're doing it on a

day when it's

Pro potentially creating a a run that

may drop for

months see how hard it is to answer that

question so I know how I could engage

that but I also know that my personality

doesn't afford me the comfort of sitting

in something that long because I see

thousands of setups over the span of one

month and my opinion can change because

I have a very very hyper active

mindset so when I look at price I can

see in in in in one in one hour I can

see half a dozen trades that may go

unnoticed by most people it doesn't mean

they 50 handle runs but I could be

buying and selling up and down inside

that one hour time frame and be done and

never do anything else for the rest of

the day or elect to trade on one time

frame you know waiting for a specific

setup to unfold so I appreciate and

understand the question that the

students that are asking that you know

how to hold on to it so to answer it in

a generic way to kind of like a be a

blanket

response before you put on the trade you

have to have an understanding of where

it could potentially trade to okay and

I'm assuming that maybe you're aiming

for something like a 100 handles or more

something like that you know that to me

it's a fair assumption on on the part of

holding for a longer trade because most

of my stuff teaches around 20 Pips 25

handles uh you 50 50 handles something

to that effect but anything greater than

100 handles on index trading or I guess

maybe even Forex if you're still trading

it I think that they're respectable um

halls in terms of points or ticks or

what have

you if you're looking for that type of

trade then you have to use your analysis

that affords you that type of range and

I've said it before when I was teaching

in other lectures and other lessons on

this YouTube channel and in Twitter

spaces when I was doing

them the the trade has to give me for

instance if I want to if I want to chake

uh 10 handles and I I feel confident

that I can get 10 handles out of the

next price run I got to look for

something that's going to give me 15 to

20 well how do I determine that well

let's give this an example here if this

range is going to ant be anticipated

that it's going to be sloppy in the

morning to don't trust anything in the

morning

and wait for the afternoon session so

what does that mean I have to wait until

at least

1:30 so at

1:30 that starts the afternoon session

for

me now sometimes the moves can begin

just a little bit before 1:30 and it's

not a big deal I I don't care about that

but generally I like to be in front of

my charts at 1:30 because even if

nothing forms in that next 30 minutes

going into

2:00 I know I can get something post 2

o00 because there's there's a silver

Bullet at 2:00 going in from 2:00 to 3

and if I miss that or it just doesn't if

I don't get a good read on it or just

just simply doesn't do anything but goes

sideways then I'm going to look at it in

the 3:00 hour to to the close and every

single day it's there but you have to

look at it on time frames that will

allow you to see it and if we're going

to use the dynamic that was in play for

today obviously morning session avoid it

there's no news and the only information

that was going to used as

manipulation or to upset or or to

engineer sentiment for Traders is that

1:00 hour when they had the bond auction

so the bond auction at one o'clock that

was my go-to so I was watching and

anticipating okay there's going to be a

move so I want to see

something that is going to be used as a

fuel it's going to be fuel for a run

into um this down here

but keeping in mind that I'm teaching

you as I taught yesterday if you're

going to trade outside of just a

relative equal low if you're

bearish then you can for people that

have a better understanding and that's

not going to be all of you that are

watching this it's going to be students

that have been with me for a while you

got to refer to what the market had done

in the previous session in in the like

the London session for instance but we

have this low here and we have this low

here here what does that make that what

is this right

here relative equal low does it meet the

criteria I gave you as a filter the most

right side in other words there's going

to be two swing highs or two swing lows

regardless if it's relative equal high

or relative equal low the right one

whatever the one is on the right hand

side if it's relative equal lows it has

to be higher than the previous low does

it do that here yes so the condition is

there that this is a high

probability relative equal low for the

purpose of drawing to it now here's a

huge paradigm shift for you okay you're

going to jump light here ahead in your

understanding the fact that we had the

new day opening Gap below that that is a

further like Rocket Fuel that this is

going to be easy to trade

to but in the beginning stages you won't

know these types of things and you won't

have the confidence to hold on to so you

graduate into doing it by taking trades

that's just the aim for this and then

you paper trade or not I shouldn't say

it like that paper trade like if I say a

paper trade you're G to say okay so

other words demo trade it

no yes you can demo trade it or tape it

so in other words if you're going to get

to the point where you trust it but you

can't hold for a move down here because

you just can't find it in yourself to do

that because you're watching The Profit

grow and grow and grow and it's probably

the biggest trade you ever had in your

life and now you have anxiety because

you're afraid if you don't take the

trade off while it's at the biggest

point of profit since you put the trade

on it what happens if it reverses and

you're going to feel bad that you didn't

take out the full thousand or hundreds

or whatever the size is that you're

trading with than leverage and affording

you that that profit you're going to be

worrying about that instead of watching

and seeing is price still behaving in a

manner that supports the idea of it

reaching to this level okay so number

one to hold on to trades longer you have

to have something outside of the

normal range that you would trade for so

if you're graduating from 25 30 50

handles there has to be something that

points to price going to something

beyond that okay so if we're looking at

that lunch hour and we know that there's

news coming out at one o'clock because

the bond auction me I'm a little bit

I don't mind risk let's say it that way

okay uh if I do something wrong I can go

back in and generally fix that problem

okay I can like mitigate that or um when

I was doing uh dominoes and I used to

manage The Dominoes when I was younger

um we had a running joke for any new

hire that came in if I was running out

of dough I would usually take the last

dough and put my hole through it before

I slapped it out into a pizza and I

would show the new hire and say look go

into the freezer and bring me the dough

repair

kit and it's a running joke everybody

that works there knows it's it's

[ __ ] there's no such thing as a

dough repair kit but they'll look at you

nod and they'll go into the freezer and

look around for something that says

dough repair kit there's no dough repair

kit so I say that

because you have to treat your boo boos

in trading just like that if you make a

hole in the dough when you're slaping on

a pizza just flatten Out roll it out and

it's it's fixed pinch it roll it out

it's done in trading when you have a

loss or if you did a poor placement you

maybe

you uh took took the trade a little too

quick you were trying to anticipate the

setup versus waiting for the setup um

and you may have to get out of it and

wait for the real set the form and you

may get a a draw down you may get

stopped out and you may need to do

something else you know as a later setup

well the mindset that's needed to do

that has to be in place also because if

you're going to be holding for longer

term price runs the the potential for

you to be stopped out

prematurely increases

exponentially because in the beginning

you don't trust that the Market's going

to still work towards this direction

every little

retracement is going to feel like it's

bottomed because you don't have that

experience yet and when you start having

these new day opening gaps and new week

opening gaps and start waiting for price

to gravitate towards them

that is like a it's like

a an exercise that strengthens your

patience but you can't FastTrack it you

can't make it happen faster because you

want it to be faster like you just can't

download the experience of saying okay

I'm just going to hold for these new

week opening gaps or New Day opening

gaps and I can trust it because I I he

said so so that's enough no you need to

see it for weeks and months and then

over time oh yeah I I can see what it's

trying to do and I'm not going to get

tripped up by all these little

fluctuations but with that said just

know that there's a graduation point

that you have to go to which would be

using this area right over

here so that's what I've been teaching

you so far in the first two lessons that

we're looking for these types of things

when the market is likely to go lower

what are we looking for Caleb we're

looking for these types of things here

higher low than the previous one that

are in close proximity to one another so

this is a target that we would use to

aim for going short at a time when the

market is going to be used

used to accelerate around that Bond

auction number at

1:00 if you look in

here right

here zoom in a little bit you you can

see this is not Market

replay all right here's one of those 81

PD arrays

okay the market trades up and starts to

roll over what time of day is at it's

12:42 so what are we approaching we're

fastly approaching what that 1:00 hour

and the news is going to be released at

one 1 minute after one okay so B 1:00 so

1:00 the bond auction number is going to

be released at the marketplace and then

everybody does whatever they're going to

do based on that okay so the the

understanding is this that number comes

out and then Traders are going to buy

and sell and the buying and selling

pressure after that market release is

done pushes price around [ __ ] what's

actually happening is the Market's

already starting to run lower

this candle here trades up I want to see

it be

sensitive give me let me take this

execution off for a second and I'll put

them back on I want to be able to

showare the candles and shit's in my

way this Candlestick traded up into this

Gap now if this was

a PD array that I wanted to trade on

that would be my entry but because I'm

trading ahead of this is the stuff that

you write down because these are all

questions people used to leave on

Twitter to me when I was doing Twitter

spaces these are always in question uh

form in my comment section my mentorship

students have asked me this many times

in email in the the the place where we

meet all those things it always comes up

okay what do I

do if I am not going to trade the fair

value

Gap what am I looking for ahead of a new

cuz sometimes you'll see me take a trade

before the news or before the opening

bell and I'm I'm recording myself doing

it and invariably what will happen is is

how did you know it was doing that how

did you trust that it was going to go

that direction how did you know it

wasn't going to go the other direction

and the [ __ ] will say well if it

went the other way you never would have

showed that that's their cop out but I'm

going to give you the logic Joker so

that way you can go start testing it and

back test it and see it and it's exactly

what goes on all the time okay okay so

if I know at

1:00 that's when the news is going to

hit for the bond auction okay we already

rounded over here and we had a fair

value Gap there the bodies are

respecting it and we started to displace

lower so just with this alone looking at

the chart like

that okay if it's just looking like that

in your rudimentary understanding of

what I'm teaching you already know the

likelihood that it's probably going to

explore below that low

why because that's where liquidity is

and it's been going down all day and

this is the time it stopped and came all

the way back up here and moved

lower so what is it remember what it's

gravitating

towards down there okay but now you have

this shortterm low here by itself that's

a reason to be short you have two

factors you have that new day opening

Gap as a larger like black hole wanting

to eventually pull price to it then you

have this low here where there's very

short-term

minor sell side

liquidity okay so there sell below there

don't be worried or consumed about the

fact that these Highs are relatively

equal don't let that bother you why

because the Market's moving

lower and it's pulling

to this and even if it doesn't trade

there during the day

session because this is the day session

low

here during the S o'clock to this point

this is the lowest it traded to at that

time

so there's going to be STS below that

for anyone that try to chase this going

higher these relative equal highs they

can stay in play they don't need to be

upset they don't need to do anything the

Market's going to stay heavy and keep

working lower how do you know that ICT

experienced the fact that this is still

likely to

happen

and think what's over here in the London

session

that

low there so we have this low this low

and this so what is that that's three

things that's heavy factors on wanting

to see price draw to it there's no entry

pattern there there's no moving average

no indicator no [ __ ] logic except

for it's liquidity and the market is

operating on a narrative that it's going

going to

drop to reach into that liquidity

because if they're going to spend all

this time above these relative equal

highs during the 7 o'clock hour and 8

o'clock hour and then they Judah swing

into the nine

o00 well this this is this is all being

held up

there tripping people up chopping people

up grinding them all up and then finally

breaks I don't need to be a part of that

because the economic calendar just like

the TV guy used to do for me would tell

me when my favorite time in front of the

box would be at 9:00 on a Friday L Arno

would turn green he's the Incredible

Hulk Channel 11 I know where I'm going

to be at well the time on the economic

calendar says that at one o'clock today

we have a bond auction that's the only

point of interest that I have on that

final calendar and it's a medium impact

driver it's not high impact but it's

medium impact so what that means is I

want to be in the

market anticipating

this low being taken out this low from

London with relative equal lows remember

that's this over here see that that's

going to be taken and this is the part

for those that if you are not able to

hold the trade longer and you don't know

how to get there this is what you do you

take a partial below

here and you close the trade here and

then you tape read the rest of it and

you Journal the [ __ ] out of it you

journal every single time you feel an

impulsive feeling or emotional about the

idea that maybe if you think it's going

to not go down there that's when you

screenshot

it and and real quickly make a notation

on it that I have doubts it's going to

drop here and then what you do is you

look at that after the fact and say okay

I didn't see this so this is the

takeaway and you re reinforce it

positively and by doing that exposure

you desensitize yourself to needing to

be right and it expands your your

comfort from getting into this trade and

getting out maybe that would be the end

of your trade or getting to the trade

and then getting out below here and

never never seeing all this run down

here but it gives you that little cookie

that little reward that you did

something it was Sound Logic but then

you use everything past that time that

you close the trade as a real focused

oriented drill to build your experience

and exposure to waiting for the pan

out believe me it it doesn't it doesn't

happen overnight it's going to take you

a long time to hold on to price runs

that just go and go and go and go and

honestly you're you're going to miss a

lot of big runs if you want to trade

like that and if you allow yourself to

be beaten up easily and you'll do it

trust me every Trader does it I should

have held longer I would I wish I would

have held on to it more I wish I

wouldn't have took all the partials off

I wish I would have you know held the

whole thing that's all toxic thinking so

when I answer a question like this

that's why it's very long-winded because

as soon as I mention anything about it

there's a series of new questions that

will will come up and it'll feel like I

didn't answer the question for you which

is why I opened the whole dialogue

around it with I know me talking about

this isn't going to answer or scratch

the itch for for every one of you but as

a means of growing in the right

direction on how to hold on to a trade

longer you do these types of things and

it's already been taught on the

mentorship and it's already on the

YouTube channel it's something I've

talked about multiple multiple times but

now anyway we're going to go back into

this area here I got to zoom in on

it all right so I know that this is the

the time when the market should start

running because that's when the bond

auction numbers come out okay we're up

here I know I have a real strong

likelihood that's going to at least take

this out and maybe run below here going

into that one o00 news

release well here's the one o00 and then

the market drops here what I was looking

at is I want to see does it do this does

it run up into this fair value Gap

there that's this

here there's your fair value Gap and

what is it doing there does it at least

touch the consequent encroachment or

midpoint of that Gap

closely no it doesn't it gets real close

to it but it doesn't let me see if I can

make it a little bit

bigger see just fall short of it the

fact that it goes up there and doesn't

touch it and then closes here I

know I know that that right there is a

bearish order

block I can trade after the next candles

come up into and bump in the bottom of

it I'll trade short there all all it has

to do is move away from it and then come

back up into that I can trust this

candle not being

overtaken what's the next candle do goes

up to it but doesn't touch this line and

it doesn't even breach the candle's high

now if if it would have traded up and

touched that midpoint and then did that

I would not have taken that trade I

would have waited for another attempt to

get in there and work just a little bit

above the con encroaching and then I

would try to go short in this upper part

there that's what I would have done

differently but because it didn't and

couldn't even touch the consequent

encroachment these are PD arrays and yes

they're used for very specific and

static levels to enter and exit on but I

also use these same price points as a

means of measuring strength and weakness

if this Candlestick can't even touch

that but gets close to it it's signaling

it's a signature that's an algorithmic

signature for someone that knows what

they're looking for that tells me that

when this candle closes all I need to do

is see it move away and come back up and

touch the bottom of that and that's a be

short of

what yes now with that logic I can be

short and take a partial below here or

if I know that I can trust that it's

going to go down below the London lows

then I'll put a limit order below

that and then I can sit and explain to

my my son that I think it may go down to

those lows but I'm positioned now that

if it doesn't need to do it today it'll

probably go down there in the London

session tonight where to the new day

opening gap down here so with all of

that narrative explained to

you let's put the executions back

on there you go so now we have the

market displaced below the bearish order

block

this candle here we open And Trades

up where is it there you go it trades up

touches It Go

short there's your low what's the low of

that candle look right here see that

candle um see that price right there

right above my cursor that's the low

what's the low of the

candle 18320 and a quarter okay the

fill 18321 and a quar

so as it's bumping into that I'm selling

short right there and I want to see it

aggressively run below here it

does go back for a

second the fact that we traded up here

and we didn't touch the consequent

encouragement of this I like to see if

you're if there's two fair value gas

because we have here and we have here

you have to at least anticipate

that it may go up into that Higher One

but if it fails at the lower one's

consequent encroachment and there's a

news driver coming I have no problem no

fear of ab absolutely none of getting

into the

trade if I did it wrong and I get

stopped out I've shown executions where

I've done this my students have seen it

it's on my YouTube channel it was on

Twitter you seen me get stopped out and

then I go right in there and I do

another entry and it pans out or if I

did it wrong and I know that my

direction was off and I'm offside I

reversed and did the other direction and

then the partner just goes the other way

that is going to come by experience so

invariably if I if I address or feel the

questions that come to me

um a lot of these questions will be

answered with your own experience and

it's an unfortunate topout sounding

response but that's the truth you you're

going to you're going to feel

comfortable doing certain things that

you aren't going to be comfortable even

imagining doing at the beginning of your

stages of of learning so I wanted to see

this stay open okay I wanted to see it

fail to get to that midpoint of the

lower one because it because it failed

there okay wonderful I not worried about

it but go back to what I was saying if

it would have touched the consequent

encroachment and this candle I would

have anticipated trading up into the

higher part of this and then my stop

loss would have had to be above the

midpoint of this consequent

encroachment you see how this gave you

everything that is logic based it's

these These are this is your

guidance these are the things I've

already taught they're in all the

discussion points of everything I've

ever taught on this YouTube channel all

these things unless I said my students

have never learned that everything else

has already been taught to you but

because you didn't write anything down

and you didn't take notes and you're

just falling asleep to it because a lot

of people use me as a lullabi they just

listen to me and go to sleep which is

fine you know what i r GL and help you

sleep good

but everything I've taught unless I'm

saying to you this is the first time

even my students learned it I'm I'm

expecting you to already have it in your

journal in your in your points of

understanding what these things are

expected to tell you but anyway it drops

down and then we have an immediate

rebalance okay so we have the market

trading down here we have a big down

Clos candle the market trades back up

boom bumps into it here imediate

rebounds and then I get a little bit of

heat here but that does not take me

underw

this was only it would still have like

$1,700 in profit even with here why how

can that be possible if I'm if I'm

entering here look it down here if I'm

entering short there why isn't that

giving me draw down in the trade

negative draw down let's say it that

way because the larger trade entry is

here there's six contracts here and you

see me doing this all the time this is

my model six and four six and four so

six contracts at the higher price if I'm

short the secondary affords me when I'm

only doing four contracts it affords me

to trade above that that entry it's

forgiven because it could do what it can

revisit this fair value Gap it can trade

inside that but I don't want to see it

do that so I had to have a little bit of

heat there but it doesn't fill

it it just goes up

to that level there and what is it doing

there is it touching the consequent

encroachment before it makes the swing

High here nope so the what does that

tell me it signals to me just sit back

and relax don't do anything just relax

move your stop

to your first entry minus two ticks and

just relax just relax and now we go into

one o'clock look what happens at one

o'cl they pump

it and then dump it small little fairb

you got right there all you're doing is

you're studying price and you're seeing

every Cy remember I was telling you

yesterday when the narrative's in play

and it's going to go lower or your

analysis assuming that it will go lower

you're looking at how the market is

treated at every Cy sell sign balance

buy sign efficiency or a fair value Gap

that has a down close it's defined by

this candle's low this candle's High

even this range is that far down this is

the only imbalance so we have a little

bit of overshoot there that's called a

mohawk it's just coloring sign the lines

I talked about it yesterday it doesn't

change anything it doesn't change it did

it take out this high no it all it this

is went outside the boundaries just a

little bit and the next one gives you

pece of mind because what is it doing

it's stopping right at the high of the

fair value app what's the high of that

candle you're going to look right here

upper left hand corner look at that

value right there what's the high of

that

candle

18283 point7 what's the low of this

candle here that's that's right

here

18283 50

it's it's not it's not going outside the

realm

of what you would expect price to reach

to and then move away

from is that is that proving to you that

Sellers and their selling pressure had

the ability to stop it like that it

doesn't do it to me you'll never

convince me of that you'll never

convince me that sellers and buyers stop

every bit of one of these turns in all

these p right to the tick or the point

or within a ear shot of it you're never

going to convince me of that and even if

I didn't believe in an algorithm I would

think it was something other than

that but thankfully I don't have to but

the market trades aggressively after one

o'clock after we have a retracement so

here we have model

2022 here we have optimal trade

entry easy isn't it it's easy when you

have all the the guidance and rules in

place and you do the things that you're

taught to do focusing on the time of

day and anticipating the delivery of

price based on factors that call Price

to It New Day opening gaps new week

opening gaps relative equal highs

relative equal lows and then below that

in in terms of

importance you have

inefficiencies inefficiencies are

subordinate and less important than

relative equal highs relative equal lows

or New Day or New week opening gaps

because their influence over price the

algorithm will refer refer and prefer

more INF uh importance and significance

placed around

them I'm not going to tell you the logic

behind that just trust me on that it'll

serve you well you don't need to know

anything beyond that when you drive your

car what do you do you push the button

or turn the key you don't need to know

how all that stuff works under the hood

same thing

here

gaps when they're actual like new week

open and new day opening Gap that is

absolutely going to be much more

significant because there's a lack of

Trades there inefficiencies I'll say

this much you have one side of the

delivery offered to it meaning that for

instance let's go back to this one here

this sell side and balance buy side and

efficiency has sell-side

delivery okay sell-side delivery is

always one-sidedness moving lower cells

side liquidity is what's resting below

that

low the London low or relative equal

lows that this line is here remember

that's this over

here that's these over here okay that is

cell side on The Daily range that's the

lowest that's moved for the day

overnight London so it's is going to

want to try to gravitate to that

too that is real

orders that's not inefficiency it's

There's real pending orders down there

that is the lifeblood of the marketplace

real buy stops real sell stops that is

the heartbeat of what makes these

markets go up and down in between that

okay in between that you have

inefficiencies inefficiencies have one

pass through so they have delivery in

this case we have sell-side delivery but

what is it lacking buy side if I'm

bearish I don't want to see buy side

offered because what that what that's

telling me is I don't want to see it

traded in the upper half of this I don't

want to see that at all in fact I'm

enamored when I see it not even touch

consequent encouragement I basically get

a hard on from that I I I am turned on

by that when I'm in a trade I get so

cocky and arrogant you see it in my

trades or I'll annotate it I do I very I

say very factious things because I see

not just this signature but other things

I'm not going to share with you and N

that pisses you off oh you see you're an

[ __ ] you're not teaching me

everything I'm teaching you more than

anybody else would and I'm teaching you

how to make lots and lots and lots of

success therefore

money bread

daero

Moola fun coupons

right the fact that we don't touch that

consequent coach or

midpoint man that tells you what it's

really heavy because otherwise it would

be natural for it to come back up in

here trade there close it in and it

could still roll over I don't like those

kind of

Trades that's that's Chris Lor's stuff

Chris Lor stuff is let's fill the void

that's not a void that's a sside

delivery it's imbalanced it's only sside

it's inefficient and its buy side it's

not going to be

balanced if it just trades up there

that's not balanced okay it needs to go

there and then leave it then it's

balanced that's a balanced price range

so we're not talking about Chris Lor

stuff and you need to stop leaving those

comments in my section okay I made Chris

Lori a millionaire by pushing lots of

people to him and I'm never going to R

for him again I've seen emails where

he's talked about me two fa out both

sides of his mouth he can kiss my

[ __ ] ass so there's there's your

skinny on Chris Lor but the point is

this at one o'clock we have an up closed

candle

and it pumps it what's it doing that one

candle is moving up so people that are

watching that and they see this go up

even though it's a one minute candle

that

triggers people that watch one minute

candles hey I watch ICT stuff I watch

people that trade smart money concept

we're watching one minute charts one

minute charts is the bees needs baby you

can't can't make any money unless you're

tradeing a one minute chart when they

see this do that they're like oh here we

go it's making a failure swing it's

going to go up and this is probably

going to turn into inversion fair value

Gap it's probably going to go for those

relative equal highs up here they they

they chased something so minute and

insignificant losing the entire plot

that it's going to want to run the

London lows and now as I taught you

today it's going to try to gravitate to

New Day opening

gaps and the market does in fact trade

down below the London lows and you can

see my fill right there so my limit low

is just below that there so if you look

at the

fills 321 and a qu adding a part partial

pyramided entry of four more contracts

at 291 and a

quarter scaling off the entirety of the

of the position 10 contracts at

18,23 so that is over 100 handles with

the largest portion there and that

smokes all your favorite live streamers

now your response is going to be but

it's demo my response is this is how I

teach if it doesn't work here it won't

work anywhere else you're not going to

spend my money I'm not going to trade

with real money in front of you I'm

going to teach you the logic I'm going

to show you what it's going to do and I

just saw a young man just use the stuff

I just taught in his mentorship uh

Trader Chris okay I left the comment a

little smiley face because he used what

I taught and he had a trade pan out for

him immediate feedback immediate success

what is he doing he's putting it to task

he's working with the information if

you're going to sit back and just watch

things and look for things to criticize

and not really try to learn it you're G

to be [ __ ] broke the rest of your

life you're G to be a failed Trader

You're Gonna Worship other people on the

internet hoping that they're going to

grease your palm and give you something

special and easy and it's never going to

happen how do I know that because I

spent years and years and years trying

to do

that I'm sorry but I'm the best [ __ ]

thing you're going to get in the trading

industry best [ __ ] thing I'm going to

give you gold for free I'm going to give

it to you and keep giving it to you and

you're G to love me for it you might

curse me you might talk about me behind

my back with your circle of friends but

you're gonna come back and watch my

videos you're gonna learn how to make

money and that's all I care about I just

want to see you do well because what's

about to happen not in just in America

but in every country we're all going to

get the raw stiff right up the backside

and it's going to get real real real

hard and real real real expensive and

unless you're making more money outside

of what you're earning at your job and

you might even lose your job you're

going to feel pain and anxiety and

stress like you've never felt before so

this helps me this helps me feel better

about knowing what I know and I'm not

being greedy with it I'm not being

self-centered I'm not the prick that you

think I am I'm literally giving you

things that nobody else on this [ __ ]

planet knows how about that no one else

is going to teach this to you no one

else is going to be able to replicate it

they can't do it they can't do this

folks they can have my logo in their

[ __ ] thumbnails they can't do this

they're not the [ __ ] author they're

not the person that created it they

didn't codify it

am period I'm not going to make it any

more plainer than that if you can't see

that I don't give a

[ __ ] do you want to make more money do

you want to do the things in this

Marketplace and that you can constantly

trust that these things will be there

every single trading week they're going

to be there it's just like having an

apple tree in a backyard and it's ripe

all you got to do is walk your ass out

there and pluck one off the tree these

setups are there every single day and

the logic behind them it takes a little

bit of time and effort to learn it

that's all but it takes

effort and Millennial mindset Tick Tock

mentality the the attention span of a

[ __ ] Gat that doesn't get you

anywhere not in trading not in

life my own kids tried to do it that way

my own children my own flesh and blood

want it easy

and I'm saying

no if I'm not going to do it for my own

kids why would you expect me to do it

for you because it won't work that

way it doesn't work that

way this stuff is available to you it's

on my YouTube channel I'm never going to

delete the channel I'm never going to

delete the videos I'm never going to

charge a private mentorship where I'm

charging money why are you finding fault

with this when it works and other people

are making money with it and I'm

continuously teaching it why because you

want to sell your own

horseshit and you got to find some

measure of importance by spitting on

somebody else but there ain't never

going to be somebody else outshining me

here because I'm making millionaires for

[ __ ] free and you don't have to give

me anything back top that one top that

one can't you can't do it

and that makes you mad because that

makes me the [ __ ] hero and I don't

want to be a hero I'm the anti- guru I'm

doing everything opposite what a guru

would do I could be making millions of

dollars a month all over again selling

all I gota do is put a PayPal link up

all I got to do is do that just like

that in one [ __ ] night I'll have

hundreds of thousands of dollars before

I wake up it'll be a million dollars in

that [ __ ] PayPal

account it it's just like that it's

literally just like

that but I don't want that

and when I'm done teaching

this unless another one of my boys want

to go through this

again I'm not teaching stuff on my

YouTube channel I don't want to make

videos I don't want to do it i' I'm I'm

just not I don't feel like I want to do

it anymore but because it's my son and I

want him to hear what I'm saying I need

him to have the right

mindset and this is Dad talking to him

this is Dad chilling his ass out

reminding him that this is not going to

be easy he's going to to work his ass

off and there's going to be a lot of

things that he has to write down and

test the theory and see it for himself

and once you see it you can't unsee it

you can't forget it it's there it's

ingrained in your idea of how these

markets will work how these markets will

book and when you see it and you know it

and you can trust it nobody can take it

from you they can talk [ __ ] about Dad

all they [ __ ] want they can do

anything they want on internet Chit Chat

Chit Chat all the [ __ ] they want to

say they're [ __ ] broke they're going

to make it in this [ __ ] industry and

they're trying to climb up on my back

because it's strong as [ __ ] and I can

carry all you [ __ ] haters that's what

they're trying to do because they're

irrelevant and insignificant and then

you have the classification of people

that come to this Channel and they watch

it they're quiet they don't even leave

comments saying thank you they're just

quiet they put it to work and they find

out for themselves

wow this [ __ ] really works and then I

get my emails and then I get the

comments I've been following you for a

year I never left the comment before I

just passed my phone to account I just

got my first pay out thank you so much I

never thought this was going to happen

for me I have thousands of those every

single [ __ ] month every single

month from every prop firm and every

brokerage firm that's out there I have

students that are doing that there ain't

a [ __ ] out there that's teaching

people how to trade that has that much

reach and guess who's doing it me

without a price tag without a [ __ ]

give me some money for

it who you going to trust

who you going to trust somebody that's

going to say here join my [ __ ] pay

me money or the guy that just simply

just does it and makes other people

money off of it I don't get nothing for

it I don't get no Kickbacks I don't have

no affiliate links what's in it for me

oh but you make ad Revenue only until

I'm done and then I'm

stopping that channel was only paying me

$30,000 a month $30,000 a month dude

seriously get out here I was making

millions of [ __ ] dollars without even

doing anything without doing [ __ ] what's

$30,000 it's nothing it's literally

nothing I paid $30,000 since in the last

month just for landscaping

stuff yeah how about that you want to

have a [ __ ] big house with a big lawn

this [ __ ] cost

money $60,000 for two uh air

conditioners and furnaces to be put in

uh upstairs and downstairs in your house

you want have a big house it costs money

you think YouTube's going to [ __ ] pay

for that it ain't it ain't enough and I

just don't have the energy to sit and

put videos out here and videos out here

and I just don't have it there's too

many things going on in the world and I

have to make sure my household and my

family are ready but the only thing

that's going to draw my ass back out

here to do this is what my son Caleb

just asked me to do teach him and I

would not be putting videos up here

unless he said he wanted to do he wanted

to document

everything he he like the idea of the ad

Revenue helping him along and he's

trying to make a way of doing it and if

he gets that it carries him through

guess what that means he's got a

secondary income plus his job that keeps

him from doing what gambling and pushing

the trade when he doesn't have to which

is what most people do when they're

trying to learn how to trade with real

money and that's why when you're

learning with real money that's the

worst thing to do because you're going

to have all the worst toxic thinking

right before you push the button and

that's why it's not good to do that you

see this right here right down here it

says demo see that demo paper trading

okay paper trading that's your best

[ __ ] friend when you're first

learning how to do this because no one

can grade you no one can ridicule you

and you don't pay taxes on it you don't

have to worry about a realized loss so

what does it give you the freedom to do

to focus on what price is

doing and that's the only thing you need

to worry about but when you try to do

everything else that everybody else is

teaching you to do try to combine try to

get a funded account trade with a little

bit of real

money you have so many more things to

worry about that are going to distract

you and versus watching what price is

doing you have to look at it and measure

as prices you know fluctuating going up

and down when you're up 500 bucks then

you're down 200 bucks and that's normal

then all a sudden it starts running and

you're up $1,500 in a trade and that

$1,500 is going to feel you want to get

out of it but is there a reason for you

to get out of it except for you just

never made that much money before in a

trade well if that's the answer then you

don't close the [ __ ] trade you hold

on to it what did you put the trade on

for oh it's I got 40 more points 40 more

handles for the trade that's if we were

talking that's I to ask you okay why are

you antsy right now why you

hyperventilating why you getting up out

of your chair pacing around why you

rubbing your arms oh you know I'm

nervous I'm hyperventilating I'm scared

because I'm afraid it's going to turn

into a losing trade why

because you think that this stuff

doesn't work because you didn't practice

it enough you didn't see it in demo you

didn't tape read it enough the trust

that these things repeat every single

week when I came out with that slogan

every week every day and it won't stop

that wasn't just some [ __ ] jingle

that's the real that's the reality every

single week every single day and it's

never ever ever going to stop as long as

these markets are there you're never

going to be short of opportunities to

use this information that should give

you a [ __ ] raging hard on like you

should be walking around with Perpetual

Viagra like you should not be worrying

about those types of things but that is

the clearest indication that you're

brand new or you

don't tape

read because if you do that those

questions never come up those concerns

never come up you just don't see it

because you haven't looked for it and

because you study and you see it and it

it's been journaled and you log it you

have experience after experience to lean

on and say you know what this has been

panning out like he said it was going to

and one day it's going to fail in your

hands and you're going to need to see

how many times it's worked before and

that's going to be your crutch that's

your

counselor that's your that's your remedy

for stress and doubt and

fear because when you go back and say

yeah but look at all this I mean it did

it this day I thought I was going to do

that it did it I I looked at this day

here I did this you got months and years

of looking at that and seeing how many

times it

works so when it does fail in your hands

you did it wrong I do it wrong when I

lose there's nobody's fault in it but

mine it's mine I did it I did it wrong

I'm the operator I messed it

up guess what that does it immediately

allows you to let that loss

go but if you take that that loss and

you put it in other people's hands so

they can criticize it guess what that

means now you made it into a discussion

It's A Conversation Piece

now you're asking other people that you

really don't give two shits about but

you just want them to patch you on the

back when you do it right you're doing

everything

wrong you have to filter that stuff out

even when you're successful you don't go

out there and say hey look at all this

money I made today because you can't

believe it just happened to you if it's

in your bank account trust me it's

[ __ ] real go buy something you don't

need to go on the internet and say this

is how much money I made here's the

proof of it here's the proof of the

payout here's my certificate [ __ ] that

that's a little dick energy perspective

that literally is what weak-minded boys

do a man that is understanding what he's

doing a man of principle does not need

to do those things the fact that he was

able to harvest that money bring it home

for his family and afford himself and

his family whatever they

need that that's the reward the Peace of

Mind knowing it that's what you can do

again next month I can do that again

next month I could do that again next

month it ain't going to change this is

the same [ __ ] it's redundant over and

over and over again that's what back

testing that's what tape reading and

demoing provides for

you and because you've desensitize

yourself from being right or wrong

having to make money see you have to

make money if you start with a l

account you have to or you'll have to

refund it you'll have to put more money

it you're increasing the likelihood and

odds of you having to do that if you

skip over everything I've talked about

so far and what I've already taught many

times before but many of you want to

just skip over it like it's somehow

going to be easier for you and you don't

realize that the lessons you get in that

stage are the very things that carry you

through long-term profitable real money

trading what experience do you lean on

if you're not having

this hope in a

prayer emotion

dopamine come on you have nothing to

lean on you're gambling that's what that

is but when you can look at the

marketplace and strip it down to its

Chrome and say okay this is when the

Market's going to move

when well at 7 o'cl we can start looking

for signatures it's going to do

something it 8:00 we start looking for

signatures and see if it's going to do

do something relative equal highs

relative equal lows if if it forms

relative equal lows and you've already

determined at a new day opening Gap or a

cluster of them and maybe a new week

opening Gap same thing below the

marketplace wherever it's trading at

when we start watching price think of it

like a Kill

Zone you have all of these things behind

the scene that retail Traders have no

understanding of and they're getting

their asses handed to them and without

any understanding of why it's happening

they're losing and losing and losing and

you're on the winning

side and you're not worrying about it

not working in the future because this

is what the markets

do when you go out to your car and you

turn the key or push the button do you

expect [ __ ] confetti to fall from the

[ __ ] roof you expect that [ __ ] to

happen because I've never expected that

to happen Okay I expect the car to turn

over and it starts up done that's the

that's a reasonable expectation it's

what it's supposed to

do when you look at these markets with

this perspective we're not looking in

here and thinking

well I said he had 81 of these PD arrays

which one's hiding from me today what

the hell why is he not trying to teach

all that why are you thinking that how

about looking for the ones I've taught

because they're there every day on any

given time frame you're going to find a

plethora of everything I taught

but your your task and I'm saying this

and I'm closing because I've already I

already went way over is it going to be

a brief one I told

you your task is to study price action

by back testing journaling old data and

then picking out in hindsight where

price did certain things

okay the next stage is for you to tape

read watching real price action so

Caleb's got to watch Nothing Live this

month he's got to go through old data

and collect it and show me what he sees

in price what it did and what that will

do is it gives him a foundation of

identifying Baseline price action what

it genuinely and generically will

do the following month he will expect I

will expect him to watch price live when

we're doing the live streams and I'm

going to point out things before it

happens and tell you this is what you're

looking for this is what price should do

we don't want to see price do this and

then we do that for a full four weeks

after that month three I will be talking

about pushing the button and getting in

and getting over the fear of getting

into trades because that's a skill set

that you have to have so many people are

fear I was scared when I first started

trading I was scared to death I was

scared and I just started doing entries

just I just did it because I I needed to

get over it I was afraid as soon as I

put in the trade it was gonna do what

orang shoes option did to me took half

my money in one night so I had to I had

to coach myself through doing lots of

executions and I got that idea from

Larry

Williams He desensitized himself by

trading just taking trades and just he

didn't care just in in in in in and I

ended up doing that same thing so but I

had to develop things to get in on the

trades and over years of doing it I I

was fearful that I was going to pick the

wrong entry so I understand that what

you're trying to do is you're trying to

avoid the losing trade and you want the

perfect Precision entry with no draw

down it'll never even ever even imagine

coming close to your stop loss and

everything's going to be good and easy

and that's what I was trying to do

that's why I have 81 entry

mechanisms believe me it's not [ __ ]

I have 81 ways to get into some kind of

a [ __ ] trade I will get into it I'm

like a [ __ ] burglar okay I can break

into any one of these [ __ ] trades and

rob their ass I can do it

but not all of them are equal in its

its ability to take as much out it's

available the higher up on the spectrum

of that price run whether it be premium

or or equilibrium it it will determine

how much you can yield from

it but I can be in there which is why

when I pyramid and I build larger

positions all of that's done with having

a greater understanding that came from

me doing this for years seeing it these

these candlesticks are not doing

anything anything different than they

did when they were doing it in

1992 think about that price is not doing

anything differently today than it did

before I was

born and I'll be 52

tomorrow

52 and these markets I have charts that

are predated my birth and they still do

the same

stuff they do the same stuff

the only difference is it's much more

cleaner to see and identify because we

have 24-hour

markets well 23 hour markets because the

indices stopped trading for an

hour but it's it's become very clean

which makes it easier and if they ever

take away the new week opening Gap I'm

sorry the new day opening Gap like say

say they take it away and say okay it's

going to be 24 hours trading who gives a

[ __ ] I don't need that because we have

new week open gaps and we have relative

equal highs and relative equal lows like

you're worried about things that's going

to be no problem at all so while you

have these advantages why aren't you

using

them all the time and energy you're

spending worrying about it's going to

stop working you know they said that

same stuff when I was on baby Pips oh

this is going to stop working because

he's teaching it if you believe that how

many years has it

been 14

years so you're going to wait around 14

years to see if you're right about it

going to stop working instead of using

it and making money and bettering your

life and your family and preparing

yourself for what's

coming look around folks on Twitter I've

said all kinds of stuff was going to be

mad house we're in it now look what's

going on over

UK look at

Bangladesh look what's going to happen

in the Middle East here

soon and all that stuff is going to be

in all of our lives and

worse and in November we'll see what we

get here in the

states there's a lot of stuff coming

folks

and it's not meant to rush you it's not

meant to panic you but you know I'm

doing what I

can there's too many of you to dull out

money to you that doesn't fix anything

so if I can teach you how to fish and

give you a peace of mind knowing that

you know even if you make your your

groceries every year every month you

know what you spend on

food that's a blessing that is a

blessing

and my hope is that you'll do well with

this and you can help somebody else that

can't do it if they can't meet their

bills and you just help them if I can

give that that mindset to all of you and

just 10% of you do

that man what a what a blessing that is

that gives what I'm doing here a a

deeper sense of of

value you think that it's just you that

needs to make the money I'm hoping to

change the way you think about

money I want you to think of it as a

tool that yeah you can make it you can

make more of it anytime you want but do

having it in the bank or leasing

Lamborghinis and McLarens all that

[ __ ] that that is trash all that

stuff nobody cares about it and after a

while nobody cares about and then it

makes it feel worse because you have it

still and nobody cares about it but when

you help somebody else and you give

somebody a helping hand with hey look

you know I could see these these people

they can't make their their rent they

can't they can't feed their family or

they may lose their job maybe made

redundant the economy is getting ready

you know to tear everybody up and just

because we have millions of dollars in

the upper percentage of uh everyone you

know like myself I'm in the upper class

classification of IND

I'm not

poor but I'm going to feel it just like

everybody else will I have to

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YouTube Transcript:ICT 2024 Mentorship Lecture #3 August 7_ 2024

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ICT 2024 Mentorship Lecture #3 August 7_ 2024