0:28 e
0:58 e e
1:44 well good morning folks this an audio
1:46 check real
1:56 quick all right latency test now
2:03 it's about three
2:09 seconds not bad not bad hope you're all
2:11 doing
2:12 well give everybody a minute or two here
2:35 just want to get a couple thousand mons
2:36 before I start
2:46 talking right again good morning happy
2:49 Monday to
2:51 you so we
2:53 are looking at the NASDAQ here and I'm
2:57 sure some of you are wondering what on
3:00 Earth is ICT hiding look in the upper
3:03 left you see that right there some of
3:05 you have't actually been leaving
3:06 comments saying all right dude what
3:08 indicate your
3:10 hid
3:12 um I have students all around the world
3:14 that will tip me off on some things
3:18 about some tools or little things that
3:22 uh trading
3:23 view don't know they see me doing
3:25 something maybe on a live stream or
3:27 something in a recording and I say hey
3:28 look at look at this I I think this will
3:30 be helpful for the most part most of the
3:33 things that they tell me either I know
3:35 about because another student has taught
3:36 me about trading views little hot
3:38 buttons or shortcuts whatnot which I'm
3:40 thankful for I'm not so old and set my
3:42 ways I won't learn something from
3:44 someone even a student if it's useful
3:46 not in trading but in technical stuff
3:48 like the trading view but
3:50 the little thing here is just the
3:55 [Music]
3:56 watermarks not that this is a plug for
3:58 any one of these individuals I'm train
4:00 I'm I'm testing them to see if
4:04 they accomplish what I want and honestly
4:07 this is not big enough for me I like to
4:09 be a little bit more obnoxious and
4:11 larger than that and this is just me
4:15 what I usually do I just
4:17 add something to move it around because
4:19 there's dip shits on other platforms and
4:23 they take my content and they act like
4:24 they're me and they not so as a reminder
4:29 I'm not only Instagram I'm not on
4:31 Discord I'm not on Facebook I'm
4:34 not teaching paid mentorships so people
4:37 are soliciting to you directly or
4:41 indirectly asking you for money that's
4:43 not me I'm not here doing it for free so
4:47 anyway I I got a lot of questions over
4:50 the weekend for students that have been
4:53 with me for a while and they wanted to
4:56 know how someone with more experience
4:59 would use what I'm outlining for Caleb's
5:02 model in their hands so I kind of
5:04 demonstrated that this morning I also
5:06 kind of like the segue into uh entry
5:10 entry entry patterns and uh how to enter
5:14 into the setups that we're looking for
5:16 also how to get over that hump of fear
5:19 of being wrong because before you start
5:22 trading with the demo account uh you're
5:24 going to be watching price action so
5:25 we're going to do a little bit of a Time
5:27 leap just for the sake of answering
5:29 questions also give the direction to my
5:31 son Caleb where he's going to be going
5:34 to next after spending some time doing
5:36 what we're doing he's not there yet so
5:37 don't don't don't think for a second he
5:40 understands how to determine the draw on
5:42 liquidity that's the part he's working
5:44 on so which is what every one of you are
5:46 probably going to and there's nothing
5:48 wrong with that it's taking you little
5:50 bit longer than you thought it was going
5:52 to just relax it's fun but the
5:57 uh the mechanics of
6:00 how we look at Price action uh the the
6:03 framework I'm going to start teaching on
6:05 this week and we'll be doing some
6:07 afternoon sessions as well this week too
6:09 but the uh Jackson H Symposium and Fed
6:14 chair pal is going to be jaw burning
6:17 several times this week uh we have a
6:19 speaker that's been talking I think for
6:22 about 11 minutes 12 minutes now or was
6:25 scheduled to I I don't care so much
6:27 about them and when pal talk I am aware
6:31 I'm trying to either be out of the way
6:33 before he starts talking and wait till
6:36 something happens and the the price
6:37 action that makes sense based on the
6:41 time he's talking they'll say it's
6:43 because of what he said and it's not
6:45 it's the actual intervention that's
6:48 being influenced over price action it's
6:51 not the buying and selling pressure it's
6:52 they will do certain things in price
6:54 action and
6:56 use the excuse that it was pal but it's
7:00 really just them maning me and that's
7:03 just the way it is but
7:05 the Jackson Hole Symposium is typically
7:09 an opportunity for some some wild stuff
7:12 to occur and you we'll probably see some
7:16 some really nice volatility on Wednesday
7:18 Thursday and Friday as the result of all
7:22 that so anyway uh we are looking at the
7:26 new week opening gap for this given week
7:32 and I
7:33 have to take you back to the one minute
7:36 chart this is how you calibrate your
7:39 your levels okay so here is the
7:42 settlement price on Friday the last tick
7:45 is the close so we want to annotate that
7:48 so it's 19604 young man in the comment
7:51 section ask me why
7:53 I opening Gap isn't lower and then here
7:57 is the opening price Sunday at 6 p.m.
8:01 and that's the opening Gap there is no
8:04 consequent encroachment being annotated
8:05 there because it just fell short of 20
8:08 handles and you're welcome to do that if
8:10 you want you simply just take the
8:13 F drop it on the low and the high and
8:17 there's your consequent approachment you
8:19 just simply
8:20 [Music]
8:28 this drop on there like
8:31 that and take to whatever color you
8:37 want
8:39 call date new week opening Gap High
8:43 August I'm sorry not high but new week
8:44 opening Gap August 18 2024 and then C
8:48 period e
8:51 perioda but I don't need that but you're
8:54 welcome to have that on the chart that's
8:56 nothing wrong with it
9:00 and uh again that's what this little
9:02 thing is here for sign on late I'm not
9:05 hiding indicators I'm hiding the
9:07 watermarks so again these are not me
9:08 cosigner saying they're good that I love
9:11 them this is not big enough for me
9:21 say I wear an extra
9:24 L petite like that doesn't work for me
9:28 okay so we are seeing the responses off
9:31 of that we go the Gap here TR down to
9:35 the low yeah have really nice relative
9:38 equal highs in place now going into the
9:40 opening 10 seconds 12 seconds in post
9:43 opening bell we've attacked the relative
9:46 equal lows here and I'll go over this
9:49 trade that I did this morning to show
9:51 the students that are a little bit more
9:52 advanced how they'll use the entry
9:54 models that I'm going to be
9:57 teaching using Caleb's
10:00 model all right so let's take a quick
10:04 look at the regular trading hours never
10:07 be in a
10:09 rush don't feel like you're missing
10:11 anything and take this off for a
10:16 sec so we have this price here that is
10:19 your opening range Gap High we are now
10:24 trading and
10:26 formulating the opening range okay so
10:29 the Gap is the difference between where
10:31 we settled at regular trading session
10:32 hours and where we opened so that is
10:36 this this is your opening range
10:40 [Music]
10:47 Gap right so that's your range Gap came
10:49 back up almost three quarters of the way
10:51 if not actually three
10:55 quarters just fell short of that there
10:58 see anything
10:59 so I'm measuring the opening price to
11:01 where we closed previous session on
11:04 regular trading hours we have relative
11:06 equal highs and we didn't quite
11:08 completely close that in it's the first
11:10 few minutes of
11:12 trading so I'm watching to see if we
11:14 have any interest in doing
11:19 that holding no hard bias right
11:22 now we have a little bit of sell side
11:24 resting below these relatively cool lows
11:26 here I'll dig in see that swing it's a
11:28 swing low so don't look at this area
11:30 here as you
11:31 know there's no there's no low there to
11:34 to Mark with this one it is this one and
11:37 this one so you use the lowest one
11:40 you're got to take
11:40 [Music]
11:46 that and don't want it
11:53 red okay so we just came back up hit the
11:56 new week opening Gap low here
12:01 and you can see the response off the
12:04 lower quadrant on the opening range gap
12:05 which is shaded here in
12:12 pink just bang the bottom of the opening
12:14 range Gap low
12:19 again and the buy side is
12:22 here cell side is down
12:26 here if it want to overshoot the how far
12:28 can below here you can touch the new day
12:31 opening gap on August 16th so that's the
12:34 benefit of having these levels on a
12:36 notepad or on your charts Vis
12:50 visually this is a little too busy for
12:52 me I'm GNA take that off because it's
12:54 distracting to me but if it helps
12:57 you by all means to keep it on your
13:00 [Music]
13:03 chart these are the lows where sell side
13:06 is so I'll annotate
13:11 that you should be doing this on your
13:14 chart not worrying about where I think
13:15 it's going to go next so you can try to
13:18 trade you're doing that while you're
13:20 watching my live streams you're not
13:21 learning you're copycatting and you're
13:23 copycatting with limited understanding
13:24 you have no idea what I'm talking about
13:26 why I'm even referring to it so that
13:28 means you're going to be in high
13:31 anxiety state of mind hoping that
13:34 something magical happens because you
13:36 followed your impuls of nature instead
13:38 of wanting to learn how to do this stuff
13:40 for real without looking at my videos
13:42 ever
13:44 again all right so that's
13:48 the that's your range for liquidity on
13:50 both extremes you have buy side and cell
13:54 side so far we have respected the
13:58 opening range failed to get at the 3/4
14:00 or upper quadrant
14:03 level consequent correction of
14:05 it and do we want to sweep down to
14:08 engage this liquidity here here and
14:11 retap into that new day opening gap on
14:14 the 16th and then should it do that I
14:16 would expect it to try to make some kind
14:18 of an attempt technically not to run R
14:21 straight from there but to give some
14:23 kind of technical indication that it may
14:25 want to be interesting going up here so
14:27 that means I'm kind of forecasting some
14:30 idea technically that would potentially
14:33 form say uh a very small short-term
14:36 breaker um a shift in Market structure
14:40 some kind of a fair value Gap that you
14:41 come back in tap into and if it gives
14:44 that type
14:46 of intel if it gives it a kind of
14:50 technical formation after trading down
14:52 in here then I'd be interested to see
14:54 does it start building all of those same
14:57 things that we look for and all the
14:59 price run from here all the way up using
15:02 every ref reference point there carried
15:03 over here do it use it like a footing to
15:06 climb higher to make an attempt to get
15:07 up in here I'm not calling that as a
15:10 bias that's something I'm interested in
15:12 to see if it'll do it that's not me
15:14 saying I'm only waiting to do that
15:16 because right now I'm waiting to see
15:17 does it want to trade down here now when
15:19 I say things like that um I see I see
15:21 comments in my own videos in my live
15:24 stream doesn't have ability to to leave
15:26 a comment but usually they'll go to
15:29 the most recent post on the community
15:31 tab or the most recent video where
15:34 comments can be left and they'll say you
15:37 know he doesn't know what he referring
15:39 to me he doesn't know where it's going
15:41 he doesn't have a trade you know
15:42 something that effect and you're you
15:44 really don't know what I'm doing because
15:45 you don't listen just like the
15:47 individuals that are telling me this
15:49 trade shouldn't have been taken because
15:51 you're supposed to be waiting for
15:52 relative equal highs and relative equal
15:54 lows and again you don't know what I'm
15:57 addressing you have no no idea what I'm
15:59 talking about and why I'm talking about
16:02 and the audience members so here's the
16:04 reach below the sell side
16:06 liquidity so what you want to do is for
16:08 that you want to screenshot it and go
16:11 into your 15c and 30 second chart inside
16:17 of the opening range Gap we do that um
16:20 how far can it trade below the sells
16:21 side liquidity uh initially it can touch
16:24 the new day opening Gap here as we just
16:25 saw here you want to screenshot that on
16:27 your chart not my not my live stream
16:29 don't do that because if you do that
16:30 you're you're not you're not doing what
16:32 you're supposed to be doing supposed to
16:33 be doing this with your own
16:35 charts so a price run
16:38 from the new week opening G low or say
16:41 the lower quadrant or the consequent
16:44 encroachment that would be a nice run to
16:46 go back and do a back study on taking
16:49 screenshots of it looking for reasons
16:51 why it would be a pass like I wouldn't
16:54 take that trade even though it delivered
16:56 or this is what my entry model looks
16:58 like like because in the beginning
17:00 you're going to have to try to capture
17:02 and collect a lot of this type of
17:04 information to kind of like to promote
17:06 the idea of inspiration and keep you
17:09 motivated because you're not watching a
17:11 demo ticker go up and down with profit
17:13 and loss so it makes it very uh boring
17:17 and that's okay boring is good while
17:18 you're
17:20 learning because eventually if you do
17:21 everything right this stuff can make you
17:24 profit and that profit is only
17:25 determined and limited by what you have
17:27 put into it so I want show
17:31 you inside of this opening range
17:36 Gap what makes it the opening range Gap
17:39 we have
17:43 930 here that's the opening price that's
17:46 what's being anchored to and the high is
17:49 where we stop trading regular trading
17:52 hours so real quick let me pop it up
17:55 here that's this on Friday so regular
17:59 session trading settlement is 4:15 p.m.
18:02 eastern time even though electronic
18:05 trading continues until 5:00 p.m then it
18:07 stops and then because it's Friday it
18:09 doesn't resume until 6: PM Sunday
18:12 eastern
18:13 time on any any other day but Friday
18:17 Andor a holiday we have that 5:00 pm
18:21 stop and then it resumes one hour later
18:24 at 6 PM so it's very important you
18:26 understand what these levels and what
18:28 I'm referring to this is the opening
18:29 range Gap the difference between where
18:32 we settle at 4:15 p.m. eastern time and
18:35 where we start
18:38 trading regular trading
18:41 hours not electronic regular trading
18:43 hours that means we start trading at
18:45 9:30 opening bell eent time just starts
18:49 ticking we round it
18:51 up now we overshot the uh new day
18:54 opening Gap so we want to see does it
18:56 want to make an attempt to get in here
18:58 find some footing inside of these Wicks
19:00 why because there's consequent coent in
19:02 that and then maybe Wick out of that
19:04 come back down and tap the new day
19:05 opening Gap high again and start making
19:07 some structure to maybe return back into
19:10 the new weak opening Gap low and get
19:13 back in potentially into this opening
19:15 range Gap I'm not calling that I'm
19:17 looking for reasons
19:19 to hunt a setup should that form I've
19:22 already outline where it was going to
19:23 reach to you're looking for reasons to
19:27 justify why the market may do a certain
19:30 run here or there what's nice is or what
19:33 is nice rather is that we've already had
19:35 the sell off down into the liquidity
19:37 we're looking for and we have these
19:39 relative equal highs they just sitting
19:41 there now who's made money so far this
19:43 morning
19:45 shorts so the initial opening range is
19:48 30 minutes long it's not 15 minutes I
19:51 don't care who's telling you that okay
19:54 there is no 15minute opening
19:57 range that is something that is just a
20:00 gimmick for to to look different to
20:02 stand apart I promise you I promise you
20:07 it's the first 30 minutes that means
20:09 9:30 to 10 so you're best served by not
20:13 taking any entries in that first 30
20:15 minutes when your experience level is
20:16 nil zero when you don't know what you're
20:19 looking for when you don't know how to
20:21 trade you don't know how to repr price
20:22 action to sit still for the first 30
20:24 minutes number one it teaches you
20:26 discipline it teaches you patience and
20:28 you're also going to filter out a lot of
20:30 the the fake price setups that you're
20:32 probably going to be impulsively chasing
20:35 oh I got to chase it it's doing this
20:36 it's doing that he's wrong he's live
20:38 streaming he said his bias is
20:40 here these are all the comments that I
20:42 see in other people's YouTube channels
20:45 leaving comments about me or they'll
20:46 leave it in my comment section and you
20:49 don't know what you're talking about
20:51 what I'm teaching
20:53 is how my son Caleb who isn't good at
20:56 reading price yet he's not good at it
20:59 I don't know what part of this didn't
21:00 you understand so to give him a
21:03 framework to start with what should he
21:07 start doing what exercises should he and
21:10 anyone else that wants to do the same
21:12 thing he's willing to go through how do
21:14 you start how do you start ICT stuff
21:16 what videos should I watch what should I
21:18 you start
21:19 here I'm literally talking to someone
21:21 that's brand spanking new well he's not
21:24 Grand spanking new but in terms of being
21:26 able to go through it with a structured
21:27 approach not just simply me telling my
21:30 sons to hey go to my YouTube channel and
21:32 go through the mentorship
21:33 videos it's it's it's a lot and it's int
21:37 it's very intimidating so what I do and
21:40 how I taught people in the 90s was I
21:42 would sit down with them and say okay
21:43 here's what we're doing we're watching
21:44 price
21:45 action and I would point out things like
21:48 this and tell you look at this note this
21:52 watch this and see does these things
21:57 have a interesting and in your
22:00 observation do you see something there
22:02 that is obvious that would draw your
22:03 attention to it see how fast we came
22:05 right back up in the opening range Gap
22:07 why's wrong so many other Jokers out
22:09 there doing goldbach and supply and
22:11 demand they're down here you they're
22:12 trying to sell then he's wrong he's
22:14 wrong he ain't GNA go back up there and
22:15 we're in here now but they're never
22:17 going to show you that
22:18 trade they're never going to do that so
22:22 we're inside of the opening range Gap so
22:24 now what we've done is we've gone just
22:26 above this High here so we've now
22:29 delivered buy side a little bit more buy
22:31 side still is uh inefficient until we
22:34 touch the high of
22:39 that now it can touch the new week
22:41 opening Gap low and Wick just outside of
22:46 it because we have a little bit of
22:47 inefficiency see that candle's high
22:48 right there and where we are here so it
22:52 can go back down into this portion the
22:55 wick can go below this new week opening
22:57 Gap and still Main M the structure
23:00 that's conducive for it to go back up
23:03 here and challenge that b side liquidity
23:06 that everybody feels safe right now
23:07 would you feel safe if your stop was
23:08 there and you're short imagine that say
23:10 you're short and you have a stop loss
23:12 right
23:12 here if your stop on a short position
23:16 sitting right there and you didn't want
23:17 to Trail it okay because you didn't want
23:19 to lock in anything and you gave up all
23:22 of this if you give up
23:25 60% of an open profit of a trade that's
23:30 unrealized in other words you haven't
23:31 closed the trade yet because you're
23:33 trying to hold for a long Type move or
23:36 whatever 60% of of retracement on a
23:39 trade and you didn't take any partials
23:41 to me is something I would not be
23:43 comfortable with because especially when
23:46 you're first learning how to trade or
23:48 trying to find a model or develop a
23:49 model or develop some kind of a skill
23:51 set to lean on as this is what I'm
23:53 trying to do and I'm going to work with
23:55 this until it proves that it's
23:56 ineffective and or I find something
23:59 better in the process of using it
24:01 because that's that's what my hope is
24:03 with my son Caleb by forcing him to use
24:07 the the entry mechanism of the fair
24:10 value Gap within the context of
24:12 orderflow not the that's level
24:14 two and depth of market and volume
24:16 profile volume profile is a bunch of
24:18 too I'm not as well just to
24:19 that out there I know I'm going to break
24:20 some hearts I don't give a okay
24:22 because the little boys that are on
24:24 other YouTube channels leave your
24:26 comment in mind leave your comment on M
24:29 and I'll let it be seen and I'll
24:30 challenge you openly to bring your
24:31 Mickey Mouse on live I'll stream
24:34 right next to you and I'll have a chart
24:36 or a screen with your live and
24:38 I'll show you that you don't know
24:40 you don't know anything but you won't do
24:42 that that's
24:44 okay but by looking at the fair value
24:46 Gap as an entry mechanism initially it
24:49 may help him see like the order block it
24:51 may may help him see a breaker it may
24:53 show a inversion fair value Gap that
24:56 that might be his model
24:58 but because he has the fear of it's too
25:01 much information Dad it's overload I
25:03 don't know what to do and he's my son
25:05 and it's something that most people do
25:06 when they come to my childan they're
25:07 like man where do I start with all this
25:09 stuff because you don't want to waste
25:11 time well there's no such thing as
25:13 wasting time because if you just
25:16 start and start getting your hands in
25:18 price action start looking at what price
25:20 is doing and how these things are
25:22 annotated in price and how I call your
25:25 attention to
25:26 it you will by default build a baseline
25:30 understanding and then that way you'll
25:31 be able to grow from there regardless of
25:33 what you start with if it's order block
25:35 if it's optimal trade entry if it's you
25:40 know whatever yeah the list is long
25:43 right but whatever it is you as long as
25:44 you
25:45 start that that gives you the Baseline
25:48 to to build on but if you spend so much
25:51 time or just say I don't know how to
25:53 start with this guy these two main
25:55 things or I've read some negative stuff
25:56 about him okay
25:58 you're the person I don't want to talk
25:59 to because you didn't even bother to
26:01 look and see if this stuff that's for
26:03 free has any Merit for
26:06 you so we came all the way back down
26:08 into this area here with this Wick in
26:12 closing
26:14 price this area here should not close in
26:17 now because we've already went back into
26:19 the opening range
26:20 Gap I'd like to see a close above the
26:23 consequent cach of that and then next
26:25 candle come down fail to touch
26:27 consequent enement and then springboard
26:29 into upper quadrant of the new week
26:31 opening G uh high and that mid level
26:35 between halfway in here which will be
26:36 upper quadrant and build some momentum
26:39 to try to get into that
26:41 buite and then once it should it do that
26:44 we'll drop down into the 15c chart and
26:46 we'll look at where we have traded from
26:48 here all of the turn in here and all the
26:50 business here and I'll show you the uh
26:53 the way you would go back through and
26:55 also how to use the information I was
26:57 showing as a actual live execution with
27:01 uh the NQ
27:15 earlier damn you had to tell me my
27:17 profile profile buch of it
27:21 is you're looking at gimmicks you're not
27:23 looking at price but you say you're
27:25 looking at price you're saying you're
27:26 looking at order FL no you're not
27:28 looking
27:29 another no idea what you're doing but it
27:33 sounds technical it looks cool with all
27:34 that horizontal vertical volume nodes
27:37 and all little highest high and the
27:40 lowest low volume it sounds real
27:42 Technical and none of that matters
27:45 it literally has nothing to do with
27:51 it all right so we able to get to the
27:53 high of the opening range Gap one more
27:56 time tapping in here
28:02 look back where we are in this no actual
28:06 fair value got that small little
28:08 separation right
28:10 there see that that's the only thing
28:12 that my eye jumps to and that's about
28:15 midpoint of that uh down close candle so
28:18 in my mind and can it touch that again
28:20 it could I'd rather it didn't it needs
28:22 to get up into and use this little area
28:25 in
28:26 here as a footing if not run right on
28:29 them and take the bide out and break the
28:31 hearts of those that are
28:33 short because they're trying to fade
28:36 me show me that
28:38 video show me that
28:44 one I have so many people counseling me
28:47 in in the comment section too you spend
28:49 so much time on the people that hate you
28:50 and you don't spend that much time on
28:52 the people that love you and support you
28:53 I'm spending more time for the people
28:55 that love and support me by actually
28:56 doing the content that that goes without
28:59 saying I'm just having fun with the
29:01 people that think that I'm getting a
29:03 broken heart over anything they say
29:04 because it's nonsense but it is
29:08 humorous a lot you should be thankful
29:10 because a lot of that stuff Spurs my
29:12 interest I'm like I like coming out here
29:15 and rubbing their nose in
29:19 it all right so see the volume and
29:21 balance right
29:24 here now with what we already have in
29:27 price so we came down here whipped below
29:30 uh the new day opening Gap from August
29:32 16th came back climbed all the way back
29:34 up into the opening range gap which is
29:37 shaded in pink
29:39 and found its way to the high end of it
29:42 we're inside of this little business
29:45 here this to me is a little
29:48 porous because we had these two candles
29:51 in here even though the opening of this
29:52 candle and this close of this candle are
29:54 essentially the same this sputtering
29:57 this like little bit of pause without
29:59 any bodies forming kind of like in my
30:03 mind
30:04 thinks it has to deliver a couple times
30:06 in that in that area again and you can
30:09 see we had it here we had a buy side
30:10 here we open traded back down and we
30:12 open trade one one more time up so we're
30:14 getting that return back into the
30:16 opening range so that's what I'm saying
30:17 we have we have to get through this area
30:19 here
30:36 I gotta get a cup every time I get every
30:38 time I open my water get a drink the
30:40 clicking and the all that sand that
30:44 would that would get on my nerves if I
30:45 was listening to someone else so I'm
30:47 trying to make myself mindful
30:50 that I always say it I just don't do it
30:54 this is I grab a water and head to my
30:56 location answer where I'm gonna stream
31:10 to um for your notes also just know that
31:15 the Jackson Hole Symposium uh whenever
31:18 that occurs in price action you're going
31:21 to get a lot of overlapping price
31:23 delivery that means a lot of back and
31:26 forth it's going to re it's going to
31:28 redeliver over ranges that would
31:30 otherwise in any other
31:32 given climate it wouldn't generally do
31:35 that so frequently and so often but
31:38 that's just the characteristic for this
31:41 event that takes place and what is the
31:44 Jackson hle Symposium it's a bunch of
31:46 jokers that come together okay and they
31:49 uh they look at Trends they look at uh
31:52 things around the world and it's it's a
31:56 matter of uh
32:00 people that I don't want to fraize with
32:03 and I would never fraize with and
32:05 they're like the they they think of
32:06 themselves as the the the elites or
32:09 whatever and
32:11 they look at how they can push things
32:13 around I guess put it that way now you
32:16 might not hear it described that way but
32:17 that's really what it
32:20 is but because of that there's people
32:23 that are always sitting outside waiting
32:25 for someone to the drag to the side and
32:28 say Hey you know can you tell us what's
32:29 going on like what's the um what's the
32:31 hot buttons this time uh what are we
32:33 listening for what are the uh the
32:35 directions and in all this this time and
32:39 sometimes they're very closed lifts um
32:41 sometimes other people like tossing out
32:43 hints and newswires or people that are
32:47 pumping that kind of information out
32:49 they will do that with the expectation
32:50 and hopes that it will spur on Market
32:53 sentiment or disrupt Market sentiment
32:55 again I could care less price is either
32:58 going to tell me or I'm not doing
32:59 anything with it and that's makes it a
33:01 whole lot easier it doesn't complicate
33:03 things because soon as you start asking
33:05 for what do you think's happening what
33:07 do you thinks who gives a what
33:08 they're thinking the Market's going to
33:10 do what the Market's going to do and you
33:11 have to be there to react on it or stand
33:17 aside so we're spending a little bit
33:19 more times more time in the opening
33:21 range than I would have
33:24 liked so if it's going to run for that
33:28 buy side it would need to gy up and go
33:30 and not do a close
33:33 below the midpoint of that Wick right
33:37 here can it come down tap that and come
33:39 all the way back up and run over top
33:40 sure can but I would I wouldn't
33:43 personally want to be interested in
33:44 seeing anything on the close below the
33:46 midpoint of
33:47 that I'd like to see this stay open if
33:51 it comes down a hits it and rejects
33:52 that's another
33:54 entirely
33:56 supporting thing that would be in the
33:58 delivery but still I wouldn't want to
34:00 see that no words say I was in a trade I
34:02 would not want to see it come back down
34:03 in
34:05 here I'd like to see it support Wick
34:08 here with no close
34:10 below excuse
34:19 me okay you're in that wi I'm sorry
34:22 you're in that fair G below the wick
34:31 at the end of the week when you get to
34:33 Friday when it's no longer trading and
34:35 or the weekend go back and look at your
34:38 one minute charts and you'll see a lot
34:40 of overlapping price delivery back and
34:43 forth back and forth that's usually what
34:46 you get on the week that Jacks and hole
34:50 Symposium unfolds it's it's just one of
34:52 those things I don't know why it does it
34:54 so don't ask me okay cuz it's not like
34:56 I'm hiding it from you
34:58 I just noted that that's something over
35:00 the years that I tend to notice so how
35:03 how could you use that
35:05 information you need to be if you're
35:07 going to be trading at all during the
35:09 week of Jackson Hole especially during
35:11 the days like day one day two day three
35:14 of this week you want to be thinking
35:16 about where your first line of partials
35:19 are going to be and don't think well I'm
35:22 going to outsmart the market and while
35:24 that would be a wonderful place to take
35:25 a partial I'm going to be a little bit
35:27 more greedy I need to hold for a larger
35:29 trade I need to impress somebody else
35:31 and that's something you shouldn't be
35:33 trying to do you want to find a level
35:36 that's easy low threshold and then get
35:40 out and take some part partial profits
35:42 because if not what'll happen this is
35:44 you'll be in some really nice trades and
35:46 you'll be riding a a run from a low or
35:48 to a high down to a inefficiency or
35:51 something to affect of the discount and
35:54 it'll feel wonderful while you're in it
35:56 and it could be delivering rather
35:57 quickly but then it'll completely
36:00 overlap all that run again and if you
36:03 cha your stop you'll get knocked out
36:04 with nothing or you'll get stopped out
36:08 because you're trying to hold on to
36:09 something that isn't going to deliver in
36:11 one way delivery like one sided this
36:14 it's going to be back and forth and it's
36:16 going to completely overlap a price run
36:18 that you wouldn't generally expect it to
36:22 do uh there is no other time of the year
36:25 or any kind of other event that I've
36:27 noticed that it has that characteristic
36:29 it's just something
36:31 that I never seen anybody else refer to
36:34 it or whatever but it'll it'll be
36:36 something everybody talks about now but
36:37 I want you to look at it this weekend go
36:40 back over your charts and you'll see
36:41 there's a whole lot of over lapping of
36:44 what price is done before it goes to
36:46 significant targets or objectives
37:23 yeah I wish this thing to the fow that
37:25 uh made this one I'm not sure sure which
37:27 one it is if it's this yes that one so
37:30 AG gfx I'm assuming that's the person
37:35 or the account for trading view or P
37:39 thir I don't know I guess that's what
37:41 they call themselves um if you can make
37:44 this
37:46 bigger because the large is I have it
37:48 set to huge and it doesn't it doesn't do
37:52 it enough for me unless I'm doing
37:53 something incorrect with it so if I'm
37:55 doing incorrectly um
37:58 send me a video with a short little uh
38:01 private video uploaded to YouTube If you
38:03 send me something that's a MP3 or I'm
38:06 sorry
38:07 MP4 and uh I'm never going to open that
38:10 up because you might be sending me a
38:11 virus I'm not trying to do all that
38:14 business but if you send me a YouTube
38:15 link to a private video I I'll watch
38:18 that don't make it a long one please I
38:21 don't have time to be watching all that
38:22 stuff but if if you can make it larger
38:25 and I mean like from like from here to
38:28 here so about that broad that's what I
38:32 want on my chart if you go back and look
38:33 at my other videos or actually type out
38:35 the watermark itself as an overlay I I
38:37 put that Watermark as an overlay on the
38:41 Camtasia recording so it's technically
38:44 not there when I'm recording and then I
38:46 overlay it and reduce the opaqueness and
38:51 that size is what I'm looking for I
38:53 haven't looked at every single one of
38:54 the trading view indicators that do a
38:56 watermark so just know that these are
38:58 the only two I've messed around with not
39:00 that anyone recommend either one of them
39:02 it's just this is what I've used for
39:04 right
39:07 now I wish I didn't have to even bother
39:10 doing it but people with less class and
39:13 Bottom Feeders they like to take
39:15 people's content especially in M if I'm
39:17 executing if I'm highlighting something
39:19 and they can put it on their social
39:20 media account that's pretending to be me
39:22 and it makes it look like it's really me
39:24 it's really not
39:27 it just take something I've already
39:35 produced so see how we're back and forth
39:37 everything's overlapping the previous
39:38 short-term
39:41 run and if you're expecting new that
39:45 real nice one directional price
39:50 runs during the week of Jackson Hole is
39:54 going to frustrate you because this is
39:56 what I've ENC
39:57 now is it every single week that it does
40:00 that when it's Jackson Hole no but
40:02 predominantly I I have learned that
40:05 trades will come back on me
40:08 deeper and run right back over top of
40:10 the short-term price legs and if any
40:13 other instances of me where I will roll
40:16 the Stop and cover costs cover
40:19 commissions cover you know
40:23 whatever they generally will come back
40:26 and hit that stop loss
40:28 because of this is the the climate that
40:31 it
40:32 creates so if you're going to trade you
40:35 want to be looking for if you're in a
40:37 long soon as it trades into a premium
40:41 inefficiency that means a sell side of
40:42 balance buy side efficiency or a
40:45 short-term high if it clears a
40:48 short-term High you better take
40:49 something off and if you don't you're
40:53 literally asking for the market to to
40:54 take every opportunity for you to find
40:56 profit away only during this given week
41:00 though there's no other there's no other
41:02 climate there's no other thing that goes
41:04 on in the economic calendar that I have
41:06 that same observation with so it's just
41:08 a matter of everything
41:10 redelivers back and forth and it
41:12 generally does it the week of Jackson
41:14 Hole so when can you expect Seek and
41:19 Destroy Jackson
41:21 Hole but it can be done in a manner
41:24 where you don't see it
41:26 coming you don't really think it's there
41:28 until it's actually stopped you out
41:29 several times and the worst thing you
41:31 can do is over trade on this week so
41:34 know what you're looking for what's the
41:36 easiest low hanging fruit objective say
41:37 for instance you you felt strongly that
41:41 uh you this this turn down here would
41:44 something to be noteworthy and we
41:46 thought that the opening range Gap could
41:47 be a nice draw when when we ran up into
41:50 it here and created that short-term high
41:52 and didn't completely close into the top
41:54 of it when it trades back down soon as
41:56 it crossed it right there that would
41:57 have been a partial I was pulling your
42:00 attention here it needed to get through
42:02 that it went right up in that area
42:03 stagnated and then rolled down 3/4 of
42:06 the opening range Gap lower quadrant of
42:08 the opening range Gap and failure to get
42:11 to the new week opening Gap low or touch
42:13 the opening range Gap and displacement
42:15 to the downside so watch this Wick in
42:18 here this is the lowest
42:21 [Music]
42:25 one again these are my fif settings so
42:28 we can see it
42:29 [Music]
43:01 so far we've cleared the rejection block
43:03 which is the lowest down close candle in
43:05 the swing here me swep that
43:13 there do you feel safe if you were short
43:16 up here if you shorted in here with your
43:19 stop loss right
43:21 there would you feel safe
43:27 what if you didn't sh sell short there
43:29 but then you sold
43:31 short here would you feel safe with your
43:34 stop loss right here
43:58 I probably shouldn't shuffle cards
44:00 you're going to hear that and think
44:02 what's he
44:14 doing leave a comment even though nobody
44:17 else sees them on my most recent
44:19 Community post leave a uh comment and
44:23 tell me do you fidget while you're
44:24 watching price action Andor Trading and
44:27 if not what are your hands doing and
44:29 don't be
44:30 obscene I touched myself ICD some of you
44:34 going to use that opportunity of course
44:35 I'm touching myself I watch Deadpool too
44:37 right that that's not what I'm inviting
44:39 you to to
44:41 do you guys are
44:47 creepy note that volume IM balance right
44:49 there
44:55 [Applause]
45:21 [Music]
45:31 see where the bodies are closed
45:33 at right inside that volume of bounds
45:36 that's the stuff I like to look
45:38 for the Wicks are allowed to do the
45:40 damage and that's the part when candles
45:43 are are open and they're still forming
45:46 they haven't settled and closed and
45:48 started a new
45:49 candle that's the stuff in a book that
45:51 can't be like you can't get that
45:53 information
45:55 shared with you watching ing oh not
45:58 watching but reading a book with static
46:01 charts even if I did a multiple series
46:03 of of updating of like think about how
46:06 long the book would be if I was showing
46:07 you a Candlestick and screenshotting
46:10 every fluctuation while the Candlestick
46:12 was still active what it would look like
46:14 and how it's morphing like that that I
46:18 just don't know how I don't know how to
46:19 communicate that outside of actually
46:22 watching price action with you and
46:24 observing and pointing and saying look
46:26 what it's do doing here and or look how
46:28 it just did that when we were watching
46:30 this candle we were watching reach for
46:32 this we were watching reach for that
46:34 that's that's an organic study that you
46:36 can't replicate that and even Market
46:38 replay doesn't doesn't do it it does not
46:41 do it so you have to have someone that's
46:44 sitting with you live pointing out
46:46 certain things in price action that are
46:48 Salient to why things should or
46:50 shouldn't behave
47:00 but you have to watch it and also relax
47:04 and know that the Wicks are going to
47:08 reach outside of the levels that you
47:10 want to see them stay within and that's
47:13 one of the things you're going to have
47:14 to get comfortable with Caleb because
47:15 when you're looking at Price you the
47:18 first time I I showed him a fair value
47:20 got he thought that you know by me
47:22 describing it should go right in there
47:25 don't go outside the lines of the low
47:27 and the high of it just go right into
47:28 the middle of it completely overlap it
47:30 perfectly and then move to the higher
47:34 low that we were you aiming for as a
47:36 draw and then soon as it would go
47:38 outside the line of the low if we're
47:40 trying to use it for a long and as soon
47:43 as it would color outside the the lowest
47:45 boundary of it and the the body of the
47:47 candle is still active because it hasn't
47:50 closed yet but it's just outside of it
47:52 and he's like okay well that shouldn't
47:54 we get out of this right now or is this
47:57 not going to go up because look what it
47:59 went outside no that's the part you have
48:02 to submit to like you have to watch
48:04 these things and when you see that it's
48:07 just forming the wick that's all it's
48:10 doing and before it can become a wick it
48:12 has to be a boldfaced candle at the
48:15 level that makes the low of the wick or
48:17 the high of the wick so you can't
48:19 appreciate that unless you sit here and
48:21 watch very low time frame charts because
48:25 you get lots of examples of it look at
48:26 reaction off that volume bounce I to
48:28 look how the bodies closed right at it
48:31 see that you're going to find that W off
48:33 the you are it's not in there it's
48:36 not in there so here at the opening
48:40 range Gap high again so now we don't
48:43 want to see the midpoint of that so
48:46 let's highlight that we don't want to
48:47 see that
48:48 breached because we've been here
48:50 multiple times now no close below it can
48:53 touch it it's better if we don't go down
48:55 and touch it at all and we touch it now
48:57 it needs to be responsive we don't want
48:59 to see it come back down below the new
49:01 week opening Gap low which is this level
49:03 here on a closing basis we don't want
49:05 that all of
49:06 this while the candle's open completely
49:09 normal nothing to be worried about
49:11 nothing to be concerned about it's
49:13 exactly what you need to see if a Wick's
49:15 going to form you got to give the
49:17 Candlestick the opportunity to go down
49:20 there or go up there to form the wick if
49:22 you try to be perfect and say that it
49:24 can't do this and can't do that it's
49:26 going to Humble you fast fast and it's
49:27 going to make you frustrated it's going
49:29 to make you feel like you're never going
49:31 to be able to trust anything reading
49:32 price action see what this
49:34 did there's the wick formation we opened
49:38 touched one more time the consequent
49:39 encroachment of that opening range
49:42 Gap delivery here's now it needs to
49:45 speed up right above here and the for
49:48 the folks that had their stop loss here
49:50 their hearts are broken we're going to
49:52 fade ICT I'm recording I can't wait to
49:54 show it this is what I did against ICT
49:56 well you're not doing that today are you
49:58 here
49:59 is the buy stops that are resting Bel
50:01 the relative equal
50:09 highs and as I'm pointing out things
50:12 okay what you should be doing as a
50:14 viewer and what Caleb should be doing is
50:17 when I mention something okay for
50:19 instance when I talked about how we
50:21 could go down here and go into the new
50:23 new day opening gap on August 16th
50:27 it can trade down that you can trade
50:29 down into that below these lows over
50:32 here how far can it
50:34 go well if it's going below here how far
50:37 can it go into that new day opening Gap
50:39 that's old it's an old one it's stale
50:42 right no nothing get stale around here
50:45 but then you have this swing low here so
50:47 we have cell side that can tap into an
50:50 old new day opening Gap but what did I
50:52 teach you last
50:54 week what did I teach you about that
50:56 that we can see them trade through them
51:00 and then you want to see how they behave
51:02 once it does it we're not always
51:04 expecting a stop and turn no further run
51:09 through nothing that's uh demanding
51:12 Precision like that entries you can
51:14 frame entries with Precision elements
51:17 but we're looking for a bias we're
51:20 looking for some kind of like a
51:22 sentiment to shift in the marketplace
51:24 but we have to allow the market to
51:26 deliver
51:27 to these inefficiencies again and if
51:29 it's going to go through them which is a
51:31 normal characteristic especially if
51:33 we're anticipating a early session start
51:36 to determining a
51:38 bias well we wait for it to trade
51:41 through it and if it's going to go
51:42 through that what's what's to the left
51:44 of
51:45 this relative equal lows and their sell
51:48 sign so at that price level right there
51:50 we have
51:52 [Music]
51:54 562 Market drops always down clearing
51:57 out all way to
52:00 5445 so it's allowing for any liquidity
52:03 that would have been trailed from that
52:06 low they cleared that out took it all
52:09 the way back up to opening range Gap
52:11 failed in that little area I told you we
52:13 need to get through broke lower broke
52:16 lower swept one more time rejection
52:19 block didn't get the consequent
52:21 encroachment of that Wick notice that we
52:24 didn't get the consequent encroachment
52:25 of the Lesser Wick
52:28 either see that oops every single time I
52:32 do this it jumps every
52:34 time it goes to uh just short of the uh
52:37 where is that right at the
52:38 quadrant let me see what is that yeah
52:41 it's got it hit it perfectly to the tick
52:44 so the quadrant on the initial Wick hits
52:48 it perfectly to the tick I'm watching
52:50 the low so if you look up here that that
52:52 price right here that's what I'm looking
52:54 at Great on that candle the low
52:56 is 560 and a qu and the upper quadrant
53:00 level is 560 and a qu for this Wick see
53:02 that that's just probably random but the
53:05 point is is we didn't get to what level
53:08 it's midpoint on either this Wick or
53:11 that one it stopped went right to the
53:13 rejection block which is why I was
53:15 mentioning said we just cleared the
53:16 rejection block watch that Wick so your
53:19 observation and your takeaway for this
53:21 is you want to annotate how this low
53:24 stopped directly at that Wicks quadrant
53:28 upper quadrant and did not touch its
53:30 midpoint see that and then how fast did
53:35 it
53:36 run where did it go to where are the
53:38 bodies right
53:39 now we cleared this short-term high
53:41 right there but we're working inside the
53:43 opening range Gap the difference between
53:47 Friday's settlement price at 4:15 p.m
53:51 and since there's no technical opening
53:53 price at 4:15 it's the settlement at 414
53:56 and it just doesn't give you another
53:57 Candlestick when it's regular trading
53:59 hours meaning
54:01 [Music]
54:04 this see the time at the bottom of the
54:07 chart 4:15 p.m. Friday August 16th and
54:11 then the next
54:12 candles uh formation is on Monday at
54:15 9:30 a.m. and then we Trad it up so
54:18 we've completely overlapped all this and
54:21 we're banging up against the high of the
54:23 opening range gap which is the
54:24 settlement on regular trading hours
54:26 Friday see that you're spending a lot of
54:29 time in here I would not bet against
54:32 that clearing a higher high I I I just
54:35 wouldn't bet against
54:38 it and then we have uh electronic
54:41 trading hours and a chart looks
54:42 completely
54:44 different and it's very confusing for
54:46 someone but that's the reason why you
54:48 have to you have to know what you're
54:50 looking at in relationship to time
54:53 visually showing price action
54:56 around regular trading hours and
54:58 electronic trading
55:00 hours you have to get used to seeing
55:03 that and
55:04 also while you're watching price action
55:07 if you're trading like in the afternoon
55:08 or if you're trading in
55:11 uh L latter portions of the morning
55:14 session and you're on Lower time frames
55:16 if you're toggling back and forth
55:18 between electronic trading hours this is
55:19 what I'm showing you here now in regular
55:21 trading
55:22 hours I've done this in the past where
55:24 I've referenced something and because I
55:29 referenced it on either electronic
55:31 trading or regular trading hours I
55:33 mistakenly put more emphasis on
55:35 something that should not have had the
55:36 emphasis placed on it and I discovered
55:39 oh there you go I made a mistake by
55:41 having either regular trading hours on
55:43 or electronic trading hours on and I
55:45 messed I messed up either the trade or
55:48 missed the trade entirely so that's the
55:51 aspect of human fry that's going to come
55:53 into your trading as well just be
55:55 mindful while you're toggling back and
55:57 forth I always tell myself as a result
55:59 of those instances I tell myself out
56:01 loud as I'm doing even when I'm not live
56:03 streaming or recording something I'll
56:05 say okay I'm back in electronic trading
56:06 hours and then I say it again and I
56:08 double check by seeing it says eth
56:10 because otherwise it'll mess me all
56:12 up so remember I was talking about the
56:14 Jackson whole Symposium and the the
56:16 characteristic of that week what does
56:18 price do it overlaps back and forth the
56:21 previous run
56:28 9:30 we drop down overlap that entire
56:31 run here okay we drop down here overlap
56:37 the entire run right above this high and
56:40 now what are we doing we're overlapping
56:41 all this price run here you see how fast
56:45 this can frustrate
56:46 you very very frustrating and it's
56:49 explained to you in advance real time
56:51 over live price action why do you talk
56:54 so much ICT because I want my children
56:57 who are always the that's the that's the
57:00 audience of my videos every single
57:02 presentation I've ever recorded they're
57:04 always for my children so because I care
57:07 about them and I want them to know
57:09 everything I give them all of the bits
57:11 and pieces and all those bits and pieces
57:14 that get upon and cast it aside by
57:17 that don't know what the
57:18 they're doing and never will make money
57:20 you're a clown to me you don't change
57:23 anything you don't do anything I'm going
57:24 to still deliver the way I'm going to
57:25 deliver I'm making these for them and
57:28 what are we doing we're red delivering
57:30 all of this run from here to here we
57:34 overlapping it now watch the wick this
57:37 one here we just touched it there and
57:40 the larger
57:44 one right
57:51 there and this
57:54 one I'm just going to eyeball it right
57:56 there we'll call that low just below
57:59 that low the consequent approach of that
58:01 Wick so it can Spike up with a wick
58:04 touch that one it'd be great if it
58:06 didn't touch the new opening Gap low and
58:08 then rolled lower that'd be good you can
58:11 see a sustainable price R
58:18 then so many subtle nuances the trading
58:23 you thought it was just buy when it's
58:24 over sold sell when it's over B where's
58:28 the
58:33 Divergence knowing how you're going to
58:35 get burned knowing how the market will
58:39 we took our L out here how the market
58:41 will behave what characteristics
58:44 remember um my lectures around
58:47 fomc okay like we have fomc minutes um
58:51 this
58:53 week that's not the same thing as a rate
58:55 anal
58:57 it's just the minutes so it's not as
58:59 impactful as when you do a rate
59:02 announcement and a policy statement at 2
59:05 o'clock there's an initial
59:07 run and then at 2:30 it usually not
59:10 always usually it's going against
59:12 whatever you saw going into the 2 o'cl
59:15 run so it's two stages so it's a
59:17 two-stage delivery so going into two
59:20 o'clock and then 2 o'clock to 2:30
59:22 whatever you see there directionally
59:25 generally you have about 70% likelihood
59:28 that it's going to do the opposite
59:29 direction and it's going to be extremely
59:31 much more exaggerated going the other
59:34 direction so it'll it'll re reverse and
59:38 do the opposite direction and go the
59:40 biggest move of the day will be opposed
59:42 to what you saw going into 2 o'cl as it
59:44 traded to 2:30 and then when they do the
59:46 conference portion of
59:48 the Pal's like me he must be watching my
59:51 live streams and videos because
59:52 he likes to talk and he he's the longest
59:55 winded fed chairman that we've ever had
59:58 that I can't remember and I prefer
60:00 bernacki but everybody since baki's got
60:03 they get on my skin I don't like him I
60:05 didn't like yelling and I don't like pal
60:07 but pal you he's Cut From the Same Cloth
60:09 he likes to talk and talk and talk and
60:11 talk but uh if I think if he was a
60:13 little bit less talkative at the 230
60:17 session we'd have really better f1c
60:20 trades because sometimes he just likes
60:22 to drag it out and and the more he talks
60:27 the more they have to wait to to do
60:29 their intervention sometimes you can
60:30 just see they get they fed up with it
60:32 they say okay let's just start running
60:33 it while he's
60:35 talking and it usually is them talking
60:38 at the conference the 230 portion of the
60:40 FMC um
60:42 announcement usually the 230 they'll say
60:45 something or open the beginning of the
60:46 discussion with and that gives you all
60:49 that you need for them to do whatever
60:53 intervention they're going to do which
60:54 really again 7% is just do the opposite
60:57 of what just took place and hold on to
60:59 it hold on to it till around 15 minutes
61:02 after 3 and just if you look and study
61:04 that don't take my word for it look and
61:06 study and see that that that's usually
61:10 that's the winner that's the thing but
61:12 everybody likes to hold on to the close
61:13 of the day and you want to be getting
61:15 out early on so about 15 minutes after
61:18 three why because that starts your last
61:22 hour macro one of four macros that are
61:24 in the 3:00 the 4:00 time window time
61:27 window that's the only time of day that
61:29 there's multiple macros in the same hour
61:32 there are no 20 minutes to 40 minutes or
61:35 uh 30 minutes to 40 minutes that's all
61:37 anybody that's saying that
61:39 they're just trying to sell you a
61:40 gimmick I promise you that is not a
61:42 thing it's not a
61:44 thing all right so now we've taken sell
61:47 side out below
61:49 here watch new open gap on the 16th this
61:52 is the last attempt if it if it breaks
61:55 this low here I'm going to move to the
61:56 sidelines and that would be enough for
61:57 today uh but I want to see it now start
62:00 to find some
62:02 footing go back and use this Wick
62:06 [Music]
62:07 here why are you doing this now like why
62:10 are you looking at that Wick why is it
62:11 something that you're making a reference
62:13 to why is this FIB not moving
62:17 how's that for a question all right so
62:20 that
62:22 is it there so I'm watching this this
62:26 level right there if we open on another
62:28 candle come back down and touch it or
62:30 fail to touch it and Rally or just run
62:33 straight from here either one it's good
62:35 but I'm watching this as like a like an
62:37 indication of
62:39 strength because this level is a a
62:42 discount array right now where's price
62:44 up here below it we have what we have
62:47 this little bit of a gap we have the new
62:49 day opening Gap High consequent
62:51 encroachment new
62:53 happen easy for me to say C so the new
62:57 day opening Gap low and then below that
62:59 we have this balanced price range of
63:01 this Wick and that Wick but in the
63:03 middle of that we have
63:04 this midpoint of that Wick there so my
63:08 ey is jumping to that so it needs to now
63:12 because it's taken off like it has I
63:13 don't want to see it come back down to
63:14 this level now at all so let's use this
63:17 information say you would have taken
63:19 this as a long I'm not saying you should
63:22 have I'm not saying that Caleb should
63:23 have but I would use this level here as
63:27 a it any any stop would have to be below
63:30 that and it would have to be below this
63:31 low here because this Wick up and this
63:34 Wick down it's travel B back and forth
63:37 in here so that portion right below that
63:40 that would be a place for a stop loss
63:42 using the ideas of trailing stop losses
63:45 stop placement that type of thing I
63:47 would not be long but if I were this is
63:49 the type of thing you guys are asking me
63:51 all the time how how do you arrive at
63:53 where you're placing your stop loss it's
63:55 a lot these things as I'm watching price
63:58 and if I see these things start to form
63:59 and I'm in a move that's going up or if
64:01 I'm in a move that's going lower and I
64:02 see the opposite side and that's start
64:04 seeing these like these
64:06 barriers where price has done multiple
64:08 passes through after it's done something
64:11 okay what is the something that was done
64:14 low lower low so that's relative equal
64:17 lows big liquidity resting below that we
64:19 Dove down below it so it's been made
64:22 Jagged down here so where is it smooth
64:25 [Music]
64:29 here and
64:34 here okay so now we have a fair value
64:37 Gap
64:40 there so this could be viewed as
64:42 Breakaway this could be a common gap
64:45 which can fill in it can come down and
64:46 give it institutional order for entry
64:48 drill which is just below this Wick then
64:51 leave a portion of it
64:53 open it can completely laap that and
64:56 close that in that's fine I'm going to
64:57 take this line off because if you
64:58 remember that's the old relative equal
65:00 lows over here see that I'm going to
65:02 take that off cuz it's distracting me
65:05 and it's another reason why like I said
65:06 I don't like to have too many things on
65:07 my
65:08 [Music]
65:11 chart there's the the wick we went one
65:14 tick below look at the low of that
65:16 candle you're looking at this price
65:18 right
65:19 here that candle's low is
65:24 58050 the next candle's low 580 even so
65:28 it went down two ticks just below it now
65:30 we're into it again that W I'm sorry
65:33 that fair value got is what I'm
65:34 referring
65:35 to ideally if it really wants to take
65:38 these areas up here it'd be wonderful to
65:40 see it leave a portion of this open it
65:42 can close it but every fair value Gap
65:45 that we're looking for as a means of
65:47 supporting or providing a market
65:51 propellent to send prices higher
65:53 supporting it basically in order FL
65:57 we want to see it stay open some degree
65:59 of the inefficiency stay open because as
66:02 long as it starts to do that and it
66:04 starts gaining ground and moving higher
66:06 that's supportive to your trade so how
66:09 do you hold on to trades and have
66:11 confidence how do you hold on to trades
66:12 and not get scared out well it starts
66:14 with these types of things and you still
66:17 will get stopped out of Trades it's not
66:18 it's not a BL IND it's not a it's not a
66:20 Panacea it's not an answer to everything
66:22 it's not it's not a Magic Bullet that
66:25 fixes all problems for you it just means
66:27 that this is what I grow confident in
66:31 while I'm holding trades you see me
66:32 execute record and the things I call out
66:35 when it's when it was on Twitter space
66:36 i' say okay it's going to run to this or
66:38 run to that and I wouldn't change my
66:40 mind we would stay with that narrative
66:42 until it delivered to it and then say
66:43 there you go it must be random again
66:44 right well the ideas of how price is
66:48 going to use these inefficiencies as a
66:50 as a building
66:51 block and then are we seeing them fail
66:57 and seeing them fail is a good thing but
66:59 see now can you hear the the Jack legs
67:02 that would come in to hear me say that
67:03 we want to see it fail and that's a good
67:06 thing saying that see he wants his stuff
67:09 to fail no you want to see a fair value
67:11 Gap not completely fill in what did it
67:14 do
67:15 here before I went over and showed you
67:17 the old uh City I told you that we want
67:20 to see the candle here drop down just
67:23 below that it did it two times and then
67:25 deliver the run here that's more than
67:27 your live streaming guys
67:29 do they they get out you know because
67:31 they're panicking they have no idea
67:33 they'll call a move it could go up here
67:34 remember I said it at the beginning of
67:35 the stream well if you're G to say it
67:38 why a't you holding for it why do you
67:40 keep resetting your
67:42 accounts why why aren't you doing why
67:44 aren't you doing it because you can't do
67:48 it I stay
67:50 focused I'm focused focused on making
67:54 you a winner
67:55 [Music]
67:59 plus I got to speak when I have
68:01 something because if I carry
68:08 it I'm unsatisfied later in the day when
68:11 I felt like I should have unloaded on
68:15 it there you go so there's the Gap
68:19 that's where I told you the
68:20 institutional order entry drill would
68:21 form based on that candle we want to see
68:23 it stay open what does that mean well it
68:26 went down as far as that low did that
68:28 low touch this candle's high right there
68:31 no it didn't so what did it do it went
68:34 down one more time and then rallied but
68:36 what did it create this down closed
68:38 candle which means absolutely nothing
68:40 right means nothing speed nilson knows
68:41 nothing about this
68:44 nothing this right here is an order
68:48 block the high of that candle right
68:51 there
68:52 is 19591 A5 you're going to look up here
68:56 by the
68:57 way the high of that candle is
69:00 19591 A5 the next
69:03 candle we trade above it and then we
69:07 have the low of that
69:09 candle right
69:14 here 59.75 did we get the touch of that
69:18 doesn't look like we
69:19 did one tick away one tick away so if I
69:24 would have had a partial not a partial
69:25 if I would have a pyramid entry trying
69:27 to get in on that adding more to it
69:29 there I would not have gotten a fill on
69:31 that but we gave you the institutional
69:34 ORF entry drill here and delivered
69:36 beautifully so if you're using that as
69:38 your entry
69:42 model so 580 and a half so 580 and 3/4
69:47 or 75 so
69:50 1958. 75 that would be
69:54 your your threshold that it had the book
69:57 to so that means your limit order would
69:59 have to be right at 19580 and a
70:02 half so if that's the low you need to
70:05 breach it does it here by two ticks
70:09 you're filled on that one if not you
70:11 definitely were filled on this
70:13 one and what's your heat what's the draw
70:15 down on
70:18 that the difference between this
70:21 low it's 80 and a half so 580 and A2
70:26 and the low on this one
70:28 is 78 and a half it just
70:31 jumped 78 and half so it's two handles
70:34 or eight
70:36 ticks so that's the heat you felt 40
70:38 bucks per contract on a standard
70:40 contract of e mini and then it runs
70:44 what's your first threshold let's see if
70:46 it can touch what new week opening Gap
70:49 low of this week that that was the low
70:52 of the new week opening gap or where we
70:55 s settled or we opened there I forgot
70:58 which one it was the
71:00 uh that would be your first threshold
71:02 and then can it reach to
71:05 halfway you measure that
71:12 out there's your half and then you watch
71:15 does it have speed to get to the upper
71:18 quadrant and if it gets to the upper
71:19 quadrant it should Pierce right through
71:21 the high of new week opening Gap why
71:23 because these traders that have stop
71:25 loss order sitting ready those really
71:27 smooth
71:29 highs they're not going to want to give
71:30 them an opportunity to do what get out
71:32 of it tada just like that see how it was
71:36 like real energetic punching up
71:40 [Music]
71:43 there get these to main lines off
71:47 here look at the bodies right here see
71:51 how they're using that old reference
71:52 point of the opening range Gap we've
71:54 already passed through it see everybody
71:56 else that knows oh everybody knows about
71:57 gaps ICT you're just Reinventing
71:59 no I'm not I'm peeling back the
72:01 layers and telling you what you never
72:03 paid attention
72:05 to proving that no one else is doing it
72:07 because they would have it in books and
72:08 it's not there but they're they're in
72:10 Amazon books now because everybody out
72:12 there is writing books about what you're
72:13 hearing me tell you live but we passed
72:16 and closed in that opening range Gap
72:18 here we passed into it here reacted off
72:21 of it nice and we went back into it
72:23 again here and what did we do we
72:25 through the new week opening Gap high
72:28 and admitted I'm very surprised I
72:29 thought for certain when it first puns
72:31 up like that my eyes got uh I was
72:34 deceived by what I thought was the real
72:35 quick punch through I thought it did
72:37 that rally through that but this is
72:39 Enough from the uh institutional
72:41 orderflow entry drill down here because
72:43 we're teaching entries we're teaching
72:45 what it looks like what is the logic
72:47 behind it why should it do this or that
72:50 what is favorable what is unfavorable
72:53 this is what it should do if it's good
72:56 if it does this this is still good but
72:58 it's better if it didn't you see what
73:00 I'm doing this is mentoring this is
73:01 somebody that knows what the
73:02 they're talking about if you can't find
73:05 this in your lecture provider your
73:07 Mentor your teacher if you're not seeing
73:10 that if they can't do that you need to
73:14 unload
73:15 them you need to get rid of them
73:18 immediately because they don't know what
73:20 they're doing they're
73:23 guessing they're never going to be able
73:25 to do it in front of you and everybody
73:27 says I will never do these things in
73:29 front of people I every time I live
73:30 stream I'm giving you the logic as why
73:33 the market should behave a certain
73:35 way tell me where the institutional
73:37 order entry drill is before I taught it
73:40 and anything it's not there no one had
73:43 that entry mechanism no one ever did
73:45 that no one ever did
73:48 it got $5 million you can find it I
73:52 don't know why you guys are waiting
73:53 around some of you spend all this time
73:56 justifying why nobody should follow me
73:58 and you could be retired if you just
74:00 simply come forward and say Here's what
74:02 ICT rebranded and this is the logic
74:04 here's where the source material is
74:05 found this is the book this is the
74:07 course this is the author and it's got
74:09 to be before
74:10 1996 why is it that no one can do
74:13 that come on it's $5 million for
74:16 sake I would stop I would quit my job if
74:19 I felt that sure about it I would quit
74:21 my job pour into everything screenshot
74:23 this screenshot I would I would spend
74:25 money on credit cards buying books to be
74:26 able to go through it and PDF file print
74:29 everything and make a YouTube
74:31 channel saying here's what it is but you
74:33 know it's not happening it's not
74:36 happening and I have put this bounty out
74:38 there and raised it and raised it and
74:39 raised it and raised it and nobody's
74:41 done it but they'll still leave baseless
74:43 comments either in somebody else's
74:45 YouTube channel or someone else's social
74:47 media post that may be supporting me or
74:49 saying that they like what they learned
74:51 here and then some little bagger
74:52 comes by and says they're not his
74:54 Concepts
74:55 okay who's are they because I already
74:57 went down the list of everything that's
74:59 everybody every every everyone said and
75:01 proved that it's not the case I I'm the
75:03 original I'm the original Maverick at
75:05 this I'm the I'm The Real McCoy and that
75:09 bothers a lot of you people because
75:10 everything's about clout now and you
75:12 can't claim you found it because you
75:15 heard me say it now you're just a
75:17 NECA sorry but I'm sorry so so far we've
75:21 had this area here I you watch this area
75:24 it needs to get through that
75:25 we Wick through it we went through the
75:27 new day opening I'm sorry new week
75:29 opening
75:30 Gap but uh from here to the new week
75:34 opening Gap
75:39 high right there so we have worked this
75:44 level
75:46 there let's shade it
75:50 yellow could you not do so much rant ICT
75:53 and just focus on the teaching
75:56 it's disrespectful to your students it's
75:58 disrespectful to me when you leave
75:59 comments like that and I delete you
76:01 because I don't like to be mothered I'm
76:03 going to do it regardless of whether you
76:05 like it or not so that's what you need
76:06 to understand so we've seen it get made
76:09 Jagged down
76:11 here these highs were buy stops they
76:15 Wick through it and I'm admittedly
76:18 surprised that they did not take
76:21 that I'm not convinced that we're going
76:23 lower because they'll be leaving them
76:25 intact I don't I don't believe that's
76:26 the case what I'm looking at is do we
76:28 Wick down below the new day I'm sorry
76:30 new week opening Gap trade this Balan
76:33 price range and then one more time send
76:36 it up into here that's what I would like
76:39 to see uh
76:41 delivered take this off
76:44 here but that right there son is one of
76:48 the elements of how you're going to use
76:50 the fair V Gap okay I did it live doing
76:54 it as a manual
76:55 entry but when you're watching it form
76:59 like in other words if you're looking at
77:00 price and was behaving like
77:03 this like that and this candle is meing
77:07 around as soon as the next candle opens
77:09 up okay soon as next now some of you are
77:12 going to watch the video right at this
77:14 point or you'll cut it and splice it and
77:16 make a little jab video about me okay
77:19 but you'll ignore what I said before it
77:21 happened because when this candle was
77:22 forming we have a little bit of a fair
77:24 value G right there while that candle
77:26 was active go back and watch the live
77:27 stream it'll be
77:29 there I expect to see the market come
77:32 back down into this little area here but
77:34 I don't want to see it close in that's
77:36 not me form fitting it cherry-picking it
77:40 and just laying it down with uh with
77:43 smoking mirrors it's me saying I want to
77:45 see it
77:46 trade with this Gap partially left open
77:50 so if we're going to use an entry model
77:52 like the institutional order for entry
77:53 drill which is technically what Caleb's
77:56 entry mechanism is you can do it
77:59 manually like I showed in a recording
78:01 earlier in the morning and I put it on
78:02 the YouTube channel and then I called it
78:05 out loud here and told you where it
78:07 would trade to how it would trade
78:11 meaning that it would go right below
78:13 this candle's Wick by one
78:16 tick by one tick I was wrong technically
78:19 because it went down two ticks there you
78:21 go my
78:22 fraud I expected one tick moved two
78:25 ticks and left the fair value up so none
78:27 of this Works go watch supply and
78:29 demand gurus okay go out there and Chase
78:32 ell wave and the animal patterns go go
78:35 be the the zoo the zoo Trader okay
78:38 animal
78:39 patterns but the the wick that defines
78:43 your entry Caleb so in my interest okay
78:47 for you initially is I want you to look
78:50 at that Wick low of that candle right
78:52 here this one once it creates the fair
78:54 value or while it's forming you're
78:56 anticipating okay in other words I was
78:58 predicting while that candle was still
79:00 there that this would form a fair value
79:02 Gap I know you probably don't remember
79:03 you probably didn't pick up on it when
79:04 it happened but rewind to that time in
79:07 the in the video which reminded me I'm
79:09 not writing down the notes what I'm
79:10 talked about certain
79:12 things this is a lot harder when you
79:14 don't have a script and you're watching
79:15 price action that's why I asked some of
79:17 you that are uh more inclined to do
79:19 those types of things because you're
79:20 very very organized about what you're
79:21 watching with me and where you can go
79:23 back and and listen to the information
79:25 information the
79:27 uh the time when you hear me talk about
79:30 this Gap this candle was forming okay
79:33 and you would take that candle's low
79:36 assuming when the next candle opens it
79:38 didn't make a lower low on that Wick
79:41 so that candle here we open up here so
79:45 there's time there's time to drop a
79:47 limit order in right below that that
79:50 low one of the things you can do is you
79:54 can set up
79:55 limit orders and have them 100 some
79:59 handles or so away that all you have to
80:01 do is just drag them to a location when
80:03 you're expecting a silver bullet to form
80:05 because that's what that was right there
80:06 by the way it's a 10 o00 fair value Gap
80:09 that is easy to understand because now
80:11 you've seen what happened there's been a
80:13 disruption there's been a shark frenzy
80:15 there's been this
80:18 evisceration of orders below that low
80:21 and that low we we Dove down below it
80:25 then the market gets back above we want
80:26 to see it touch the new day opening Gap
80:28 High minimum or consequent encroachment
80:31 or the low but we don't want to see it
80:33 Go below the consequent corion of that
80:35 wick on a closing basis ideally we don't
80:38 want to see it trade to it at all and it
80:39 didn't do that right so that gives me
80:41 the confidence to say to you while I'm
80:43 live streaming do I sound like I'm
80:44 scared do I sound like my voice is
80:46 shaking do I feel like I'm reaching for
80:47 something no this is all 30 years of
80:50 stuff that I've known that it's this old
80:52 hat to me so it was very easy for me to
80:54 say that it's going to go below that
80:55 candle's Wick by one tick and I was
80:58 technically wrong because it only went
81:00 down two
81:02 ticks it went down Beyond it more than I
81:05 wanted it to or four tick I think it was
81:07 wasn't it or two handles rather still
81:11 leaving a portion of it
81:13 open I was saying ticks earlier it's two
81:16 handles so two handles of draw down okay
81:19 wonderful it's 40
81:21 bucks $40 of draw down
81:25 okay 40 bucks of draw down that was
81:29 explained to you that this Gap should
81:31 stay open why because every Gap
81:34 that I'm looking at I wanted to do
81:36 that I wanted to do that very thing I
81:38 want them to fail to close in I'm not
81:41 Chris Lorry I'm not trying to see them
81:43 close in I'm not trying to see it
81:45 completely closed back in I want to see
81:48 these little cracks in orderflow because
81:51 this is the real that your little
81:53 horizontal volume bars on the right side
81:55 of your chart that you're doing
81:57 oh well this is the uh this is the
81:58 volume profile and I'm looking for this
81:59 and this is the you know
82:02 um highest volume ndee lowest volume nde
82:05 this is the the vwap if it touches the V
82:07 the vwap the
82:09 horizontal volume
82:11 listen that has to
82:15 form that has to finally make its
82:18 way into the chart before you
82:20 can start thinking about it I'm ahead of
82:22 all that stuff do you you understand
82:25 that I am like I'm from the
82:26 future talking back to you okay I'm
82:29 talking to you from the future
82:31 I'm proving it right
82:34 here I'm telling you what it's doing
82:36 here before it does it on a live stream
82:38 with three second delay I can
82:41 pull that off I can I can fraudulently
82:44 do that is that what you're telling me
82:45 and the witness of all you people here
82:47 watching me really you give me far too
82:50 much credit for that that's amazing
82:54 that's
82:55 amazing but your entry model Caleb is
82:58 going to be based on this so that way it
83:00 completely strips away all of the
83:02 necessity and the the the fear of where
83:05 do I buy it inside the fair value Gap
83:08 you don't you buy it at the high of the
83:11 Gap plus one tick that assures you that
83:14 you're going to get filled and it's also
83:16 doing what it's allowing you to sit in a
83:19 little bit of draw down and it's
83:21 normal it's normal but what happen if it
83:24 goes down and stops me out dad well
83:27 that's a stop out son I mean that's
83:29 what's going to happen to you you're
83:30 going to have a loss it's going to
83:33 happen you're never going to evade the
83:36 eventual losing streak not single loss
83:38 you're going to have a losing
83:40 streak and it's going to have
83:43 to be met with you trusting what you're
83:46 learning is going to work again don't
83:50 change anything except for the amount of
83:52 risk so in other words you'll drop your
83:54 your leverage which for you won't have
83:56 to be messed with because you're going
83:58 to be doing one
83:59 contract you're going to need to trade
84:02 with one and a half times the
84:05 margin for every new contract that you a
84:08 you add to your trading so that the
84:11 whole worry about overleveraging that
84:12 ain't going to be you because you don't
84:15 you don't know what you're doing and
84:16 everybody else out there wants to trade
84:18 lots of contract sizes and that's why
84:20 they
84:21 fail and when you have a losing trade
84:23 you're going to stop Trad for that day
84:25 that prevents you from over trading you
84:28 can't over leverage because it demands
84:29 you one and a half times the margin for
84:32 adding another
84:33 contract you will never over leverage
84:36 your account it can't happen
84:39 mathematically you're denied
84:42 that from the perspective of frequency
84:44 of trade as soon as you have a winning
84:46 day and you close your your trade and it
84:48 was a win that means all partials if you
84:51 have gotten to the point where you can
84:53 have two contracts in everything is now
84:55 done you close the charts you cannot
84:58 turn them back on until the end of the
84:59 day you're not even watching price
85:01 action because that way you are enticed
85:03 to do it again you're going to learn
85:06 discipline you're going to learn to
85:08 follow the rules and you cannot
85:11 fail if you follow these it will give
85:13 you the chance for the tools to do what
85:15 they have been coded to do
85:17 when win win in surprising and stunning
85:21 fashion with levels of precision
85:23 that everybody body else out there are
85:25 learning with you that no one else can
85:27 match no one else can match this no one
85:30 else can match this there's no
85:33 discipline of trading looking at charts
85:35 or technical studies of this that thing
85:37 it doesn't exist folks because this is
85:39 the market you're not going to beat the
85:41 market okay you're not going to beat it
85:44 the only thing you can do is get in sync
85:46 with it that's it that's the only thing
85:48 you can do or survive it by
85:51 look but you're not going to beat it
85:54 because it's always controlled and when
85:56 it's advantageous for them to color
85:58 Outside the Lines pay attention
86:03 here come down outside of the new new
86:06 week opening Gap here and then price
86:09 higher I would want to see speed and
86:11 distance now because we've already been
86:14 here before so we're Knocking on
86:15 Heaven's Door uh when Guns and Roses
86:18 came out with that song um number one I
86:21 love the album I love the the group but
86:24 uh
86:24 when I was doing a
86:27 MRC internet chat relay room I had I had
86:31 a thousand members in
86:33 there and right before September
86:37 11th 2001 before all that stuff happened
86:39 I was running a room with a thousand
86:41 members in it I was calling the S&P
86:43 calling the B market live
86:46 and whenever it would do things like
86:49 this where it would get to a level we
86:50 were identifying and it would just go
86:51 bump bump bump it's like I use the
86:56 analogy like SWAT like it eventually
86:58 swats coming through your door okay you
87:00 don't have enough to keep them from
87:02 coming in they're coming in well before
87:04 I adopted that mindset um it was like I
87:07 would always say knock knock knocking on
87:08 heaven's door because it's doing
87:11 everything that leads up to an eventual
87:13 run up into this area here or imagine
87:16 taking a champagne bottle that's never
87:18 been opened it's shaking up right now
87:20 and they getting ready to pop the cor
87:21 and that's where the spray is going okay
87:25 so but going back to order
87:28 entry
87:31 the I don't know why anybody wouldn't be
87:34 having fun learning like this because
87:36 this this is my cup of tea like I would
87:38 love to have this I you don't need to
87:40 stay you would bore me and put me to
87:41 sleep if it was just this just the dry
87:43 monotonous this is the rules as it is
87:45 but I'm giving you things that support
87:48 the ideas that leads to what I'm
87:51 teaching and outlining and where I think
87:53 the Mark's going to go but entry
87:55 techniques because the fair value Gap is
87:57 Caleb's I'm forcing him into that not
88:00 that it should be for you but if you're
88:02 going to watch the videos just
88:04 understand that that's what I'm doing
88:05 because he's my son and I'm exercising
88:07 my right and Authority as his dad to say
88:09 I'm telling you what to do because
88:11 you're an adult you can make all the
88:12 decisions outside of this and that's
88:14 fine but you asked for this so it's my
88:16 rules it's my way and this is the way it
88:18 is so he's going to learn the fair value
88:20 gy because it's it's
88:22 visual there are things things that as
88:24 you'll learn as we go through this
88:26 mentorship that you can use the gaps to
88:29 measure Market structure you can measure
88:32 the strength or or weakness of an
88:34 underlying move and that was IND
88:37 indicative of what I was saying earlier
88:39 and what I've mentioned the last two
88:41 weeks in live streaming whenever we're
88:43 looking for a PD
88:45 array if if they are not traded
88:49 to or if they for instance like a gap if
88:52 they don't completely overlap it like we
88:55 were outlining here I was saying at the
88:58 time let me make this a little bit
89:01 larger but keep that portion of price
89:03 action up there so available to us if we
89:07 look at what was being spoken about that
89:10 Gap when this was forming that candle
89:12 this candle had not closed yet it has
89:15 not closed the next candle I want to see
89:18 it drop down right below that candle's
89:20 Wick which it does here you may or may
89:23 not have been filled there Caleb to be
89:25 fair because it's literally like one
89:26 tick or two and I've seen it happen with
89:29 me I've live streamed recordings I've
89:31 live streamed um my analysis of you know
89:34 this is what I think's happen I've had
89:36 real trades
89:37 running with $118,000 of profit with amp
89:42 which is a real brokerage firm and not a
89:43 demo okay and my limit order did
89:47 not get respected was it amp screwing me
89:49 I didn't say
89:50 that I've had it happen to me when I was
89:53 in TDM trade I had it happen when I was
89:55 trading with Lyn walduck I had it happen
89:57 when I was trading with Fox
89:59 Investments so it's it's just it's a
90:02 occurrence that's going to happen to you
90:03 because you're trying to be so precise
90:06 trying to be so precise that you have a
90:09 margin for error for that to occur so to
90:13 prevent that from happening with your
90:15 entries you're going to use that
90:16 candlestick's low plus one tick above it
90:21 so that means if it books two handles
90:24 I'm sorry two ticks below that that low
90:26 you should be filled look where it's
90:28 trading somebody's about to punch this
90:30 punch the air oh son of a I was
90:32 trying to fade ICT him he's a fraud
90:35 I can't showare the video now it failed
90:37 on
90:38 me
90:40 you you very
90:45 much give me some more ICT I'm here all
90:48 week baby tip your bartender tip your
90:50 bartender who's doing it like
90:52 this Patrick come
90:56 D get the out of
91:02 here oh man this is so fun so
91:06 the fair value Gap we don't need it to
91:08 come all the way down to the lowend
91:10 because that's what folks that are
91:12 prematurely trying to teach my Concepts
91:14 they're saying that you know you can get
91:16 filled at the low end and you'll have
91:17 the best and there your stop loss will
91:18 be micro short and small you don't need
91:21 that because
91:24 if H if you haven't picked up on what
91:26 I've been laying down here knowing where
91:28 the Market's going to gravitate and draw
91:31 to okay where the Market's going to draw
91:33 and gravitate to is more
91:36 important which has more impact on
91:40 trading not just your trading but
91:42 everyone's trading your ability to get
91:45 in on this fair value Gap that maybe not
91:48 75% of the people that trade even are
91:50 paying attention to or where the
91:52 Market's going to draw because there's
91:54 stops resting R up here clearly it's
91:56 where the Market's going to go to so if
91:59 we have done the work and we we're
92:00 laying the ground work in foundation for
92:02 that to determine where the Market's
92:04 going to go over the course of the
92:07 session over the course of the day which
92:09 we haven't got to that part yet so far
92:11 we're only working with
92:13 session session draws on liquidity and
92:16 they're Dynamic session draws on
92:18 liquidity are Dynamic it means it's
92:21 above and
92:22 below you have to start there you will
92:25 not know how to derive the daily bias
92:28 until you get good at knowing how to
92:30 determine what side of the session bias
92:32 is going to be the
92:35 draw didn't think about that have you
92:38 but that's how I teach that's how you
92:40 learn it but if you can formulate an
92:43 entry mechanism that affords you number
92:46 one a high Precision entry model which
92:48 is obviously institutional orderflow
92:50 entry drill you don't want to see that
92:52 Gap filled in but what happen happens if
92:54 you get filled and it does close it in
92:55 Caleb nothing it just means you have a
92:57 little bit more draw down it's not that
92:59 much from this candle's high of 76 and
93:02 3/4 to the low of that one which is 80
93:06 and a half so what is
93:10 that five handles or so factor that in
93:14 with the with
93:17 commission yeah if you fluff it up with
93:19 with commission cost you're using say
93:22 for instance when you when I say
93:24 commissions you're not technically
93:25 paying commissions through TOP Step that
93:27 that I'm aware of I don't know I might
93:28 be wrong I might be wrong by saying it I
93:30 don't know how they do it but because
93:33 it's funded it's basically a demo
93:34 account you're really not technically
93:36 trading and paying any commissions not
93:37 that I'm aware of if I'm wrong please
93:40 accept my apology because I don't know
93:41 for certain but what I'm saying is is
93:43 he's only going to trade a prop firm to
93:45 get enough stake to take that money and
93:49 go into amp Global amp Global is where
93:51 he's going to be trading with real money
93:54 so he's only using a prop firm to
93:56 springboard from demo to profitable
93:59 making money and then taking that little
94:00 bit of money he's going to stop doing
94:02 business with every uh prop firm and
94:05 then go into I shouldn't have said it
94:07 that way because it makes it s like he's
94:08 in multiple because he's not TOP Step is
94:09 the only one he's going to go
94:11 with he's he's opened up one before with
94:13 them tried to pass a combine or two I
94:15 think and wasn't able to do it so he's
94:18 going to make an attempt to go back and
94:19 do it that way recoup whatever he spent
94:22 there make enough money to put into a
94:23 live brokerage account and then he'll be
94:25 trading with amp Global not that I have
94:27 an affiliate uh partnership with them uh
94:30 I have traded through them they have
94:31 cleared trades for me um I
94:36 have nothing really bad to say about AMP
94:39 that would be like like fxm fxcm
94:41 and I'm glad they got shut down and
94:42 thrown out a us I'll just leave
94:44 it at that but amp Global every broker's
94:48 going to have you know something wrong
94:49 with them I mean it's just it's it
94:52 Nobody's Perfect would I choose any
94:56 other broker to trade with live with
94:58 real money apart from amp no not at this
95:02 moment I wouldn't do it that's my
95:04 opinion that is not to say that you
95:06 should okay so to answer broker
95:08 statements the answer getting a broker
95:11 with real accounts who would you trade
95:12 with to answer the equation of why
95:15 wouldn't you trade with a funded account
95:17 anything anything to
95:19 that that that vein of thought if it's
95:22 dealing with a real broker
95:24 amp is the only one that if I had to
95:27 start all over again if I had to start
95:29 completely all over again which is why
95:32 I've said this is what Caleb's gonna
95:34 do I would go through the process of
95:37 doing whatever I could I personally I
95:40 honestly would not be doing a funded
95:42 account challenge I I simply wouldn't do
95:44 it and the reason why I say that is
95:46 because I can only see it from who I am
95:48 today they all would love me to do that
95:49 because they need have my social
95:50 security number and then there it is my
95:52 whole identity is and
95:53 you know copycatted by some thickhead
95:55 that goes through their in back
95:57 order
95:58 and I'm I'm I'm in trouble with them
96:01 because they could ruin me financially I
96:03 I you know they can say everything they
96:05 want but you can't control the thoughts
96:07 and intentions of your employees okay
96:09 you can't and if they have access to
96:11 that type of information well guess what
96:14 you've you've given it to them on silver
96:15 platter can it still happen in a brokage
96:17 firm sure can I just feel like you know
96:20 it's a little bit more easier to prove
96:23 who had access to that with a reputable
96:25 regulated Broker Than someone that's
96:26 running a funded account company okay
96:29 and I'll just say it like that but I
96:32 would do whatever I
96:34 could to raise the money up to put it
96:37 into
96:38 amp their margins are extremely low not
96:41 that that's a good thing their
96:42 commission costs are extremely low
96:45 that's a real good thing and their
96:48 executions have been awesome sometimes
96:50 my limit orders don't get filled
96:52 sometimes you know I've been
96:54 slipped a little bit but not like wild
96:57 like I got slipped with uh slippages
97:00 where you try to get into the market
97:01 place and say right now it's trading at
97:02 642 and three4 42 even 42 and a quarter
97:06 42 and a half if I bought it you know it
97:09 it's filling me yet and now I'm fill it
97:11 so I've got four tick slippage I've seen
97:14 that and worse with TDM a trade it it
97:17 was It was kind of shitty over there to
97:19 be honest with you it they sucked so amp
97:23 is reasonable my experience with them is
97:26 reasonable if you're trying to trade
97:28 Futures okay this is the part where the
97:31 fun account companies are going to
97:32 his him Moon they're going to
97:33 create sock puppet accounts and
97:34 troll me and talk about me and
97:35 everybody else's stuff I would not try
97:38 to do funded account challenges or try
97:41 to do that I wouldn't do that okay I
97:43 wouldn't do it I would do everything in
97:46 my power to sell to barter to work a
97:51 second job I did all those things coming
97:53 up as a 20-year-old I I deliver pizza I
97:56 worked on the weekends you know I I did
97:58 all that stuff just to get money to to
98:00 fund the account and anytime I blew the
98:02 account as a 20-year-old I would go and
98:04 do more more shifts I would do it and I
98:07 would work and earn that money but
98:08 that's not what you want to hear today
98:09 because you have a millennial Tik Tok
98:10 mindset where you want it real fast you
98:12 want it easy and everybody owes it to
98:14 you and you because you took too
98:15 long getting it to me that's your
98:16 mentality and you don't like to hear it
98:18 being told to you that way but that's
98:19 exactly what it is and you don't like me
98:21 because I'll call you out on their
98:22 and say that's your mentality
98:24 that's why it's holding you up you need
98:25 to change that stop expecting it to be
98:27 easy for you stop expecting it to be
98:29 handed to you and I force my son he
98:32 works in another state he has to go two
98:35 hours commute to get to where he works
98:38 at now does that sound like a loving
98:40 father it is because I'm showing him
98:44 this is what you're going to have to do
98:45 it's either that or it's my way and my
98:49 way makes money my way makes
98:52 your own schedule my way sits on your
98:54 ass and says I'm not going to
98:56 that man's place today so he can tell me
98:58 this is all I'm worth for this many
98:59 hours and I better show up one time
99:00 tomorrow I don't have a job you
99:03 you and Carl I don't want to have
99:04 anything to do with that and the only
99:06 way that I can forge that mentality in
99:09 my children is to allow them to go
99:11 through work hardening work hardening is
99:15 what made me who I am I don't like a
99:17 job you there ain't a job out
99:19 there that can pay me high enough for me
99:21 to work it ain't no way I'm
99:24 unemployable you can't hire me okay you
99:28 can't you can't afford me and
99:30 that's what your mindset should be I can
99:33 make as much as I want and I can
99:36 sit as long as I want and do nothing
99:38 tell me who's happy tell me who's
99:41 happier the surgeon that's making
99:44 $600,000 a year that's sweating his ass
99:46 off 20 hours in a
99:49 surgery yeah he's got a good salary but
99:51 he's paying a lot in taxes
99:54 and it's stress and he has the life of
99:57 someone else is in his in his own hands
99:59 and the outcome guess what if that stop
100:00 loss is hit you got to live with that
100:03 that's too much stress for me that
100:04 no way and I have surgeons like that in
100:07 my paid
100:10 group I couldn't do what they do I
100:14 couldn't do that emotionally mentally I
100:16 couldn't do
100:17 it and their argument was they want to
100:20 stay doing that and still make a lot of
100:21 money here
100:24 my question is is if if you can make
100:25 millions of
100:28 dollars why would you want to keep doing
100:31 that when you can if you went into that
100:34 not to save people's lives that's just
100:36 the derivative everybody wants to go
100:37 into because it's it's a lot of money I
100:39 can own a Porsche I can own a nice beach
100:41 house I can have a second house I can
100:42 have a lot of money but you still have a
100:45 job you don't have freedom you have to
100:48 do what that hospital says you have to
100:51 do when you have to do it
100:55 and what's worse because you're now such
100:56 a
100:57 high high demand
100:59 Personnel you could be called in at any
101:03 time we have a trauma patient look at
101:05 this we need this we need you here right
101:07 now we gonna say n man I can't right now
101:10 I'm trading British pound I'm trading uh
101:13 FC I'm watching this guy on live stream
101:15 I can't do it I can't do it you got
101:17 somebody else no you're it see what
101:19 happens because you're an employee
101:22 that no way that's not me so
101:26 Caleb he has to see the same thing
101:29 you're seeing right here you're watching
101:32 and observing you're waiting for the
101:34 Still Waters to be
101:36 disturbed watch the uh the Water turn
101:39 red and then look where is it
101:43 smooth I gave you both sides of the
101:45 marketplace that means you're looking at
101:47 both ends of the the the session because
101:52 session draw on liquidity session
101:55 liquidity is above and
101:57 below it's above and below all you have
102:01 to do is
102:03 wait wait for them to do the damage wait
102:06 for them to do what's the what's the
102:08 time window you're going to see it at 10
102:10 o'clock that means you have to wait that
102:12 first 30 minutes why because that is the
102:14 opening
102:19 range that's that vertical line right
102:21 here okay
102:24 so when you're watching price
102:26 [Music]
102:27 action you're
102:31 looking all through that first 30
102:33 minutes your your eye is going to where
102:35 is the initial legs of
102:38 liquidity we gave them to you here is
102:40 the buy side and the sell side was over
102:46 here here and here and how far could it
102:49 reach down Michael mem is telling you
102:50 that you can trade down to that new day
102:52 opening Gap you can trade down into that
102:54 and if it's going to trade through that
102:55 we have that low right here which was in
102:57 view when I was showing you all this
102:58 stuff
103:01 anyway then once it does that it rallies
103:04 back up to opening range Gap closes it
103:06 in drops one more time overlaps into all
103:09 this the rejection block you heard me
103:10 talk about that is happening come back
103:12 down hits the new day opening Gap from
103:14 the 16th rallies back up in look how the
103:16 bodies are staying here remember I was
103:17 saying listen to this part okay it's
103:20 spending too much time
103:24 it's spending too much time inside of
103:26 the opening range Gap meaning
103:29 what they're not in a hurry to pierce
103:31 this High much more meaningful than they
103:33 did here so this high and this High
103:36 still relatively clean that's just tiny
103:38 it's little that's little bit of
103:40 movement that's just like when I was
103:42 telling you the description when your
103:43 child's coloring they color Outside the
103:45 Lines you don't look at that as a
103:46 failure you don't say look what you did
103:47 you did that wrong smack them forward
103:50 you're going to hang it on your
103:51 refrigerator CU it's your child
103:54 well same thing here when the algorithm
103:56 is trading just outside of the lines
103:58 it's okay it's doing everything it's
104:00 designed to do to get that price High
104:03 booked it's got to go above it because
104:06 this spread well that's all it did there
104:09 did it close above it no did it have
104:11 much more meaningful movement beyond
104:12 that no did it trade to the high of the
104:14 new week opening gap for August 18th
104:16 this week's uh new week opening Gap
104:20 no so what is it leaving it's leaving
104:23 this liquidity and making these
104:25 individuals over here feel safe so what
104:27 is it what is it going to inspire if it
104:29 sells off shorts to do what place their
104:32 stop loss above here or if they have
104:35 deeper Pockets build it right there so
104:38 this is engineering liquidity it
104:41 drops here I said take your attention
104:44 over here to these Wicks here and
104:47 here we watched it drop down below it
104:50 took out that low and now I said now
104:51 watch what I want to see is does it give
104:53 get back above the new day opening gap
104:55 on the 16th and then does it come back
104:57 down and touch that there yes I don't
105:00 want to see it trade down and below that
105:03 Wick's consequent encouragement it never
105:04 did it right there that tells me and
105:08 this is what you're supposed to be doing
105:09 by listening to that that you didn't pay
105:10 attention to because you're looking for
105:12 something else or you're waiting for me
105:13 to say something that's going to
105:14 resonate with you I'm teaching you how I
105:17 called that institutional order entry
105:18 Trail how did you know if I show you all
105:21 your all the comments from uploading
105:23 that video earlier this morning where I
105:24 got in the trade how did you know that
105:26 and why are you trading before weren't
105:27 you supposed to wait for relative equal
105:28 highs weren't you supposed to be waiting
105:30 for relative equal lows again you don't
105:32 know what I'm putting the content out
105:34 there for I'm addressing individuals
105:36 that are paid students how can we that
105:39 know a little bit more than the average
105:40 Bayer watching my channel how can we use
105:43 this model if we don't have a model that
105:45 we've really warmed up to specifically
105:48 2016 students I have 2016 paid students
105:52 that can't find way through this bill no
105:54 matter what content I bring forward no
105:56 matter how many people are making money
105:57 with it with real money with Real
105:58 Results proving it it's happening
106:00 calling it live they can't make it work
106:02 for themselves because there's some kind
106:04 of barrier but their question was is how
106:06 can we I I know that they know a lot
106:09 more than Caleb does but the questions
106:11 are how can they use this
106:15 methodology and understand how to use
106:18 the range that was formed in London if
106:21 you go back and listen to what I was
106:22 talking about if you're brand new you
106:23 don't know what you're doing and like
106:25 I'm telling Caleb you don't worry about
106:27 this you don't worry about this you wait
106:30 for 7 o'clock and you look for relative
106:32 equal highs and relative equal lows well
106:33 guess what that that's this
106:35 folks that's the that's the relative
106:37 equal highs after 7
106:42 o'clock right here here's s o'clock okay
106:47 it rallies we're waiting we're waiting
106:49 we're waiting 9:30 opening bell
106:53 all the way to 7 o'clock you're going to
106:55 look back through that so if if you're
106:56 going to not be an early uh early Trader
107:00 you're not trying to trade early you're
107:01 G to start looking at the market at nine
107:03 o'clock go back to 7 o'clock so you're
107:06 looking back through the last two hours
107:07 you only have to look back through the
107:09 last two hours to see where the
107:10 liquidity is so here at 9
107:17 o'clock right there what do you
107:20 have high that's lower than that isn't
107:23 that a relative equal High listen to the
107:25 definition I gave you in the previous
107:27 teachings yes what are these relative
107:31 equal lows so what is it doing first it
107:34 runs above these highs there and then
107:37 creates what another smooth relative
107:39 equal high but then what does it then do
107:41 after that it breaks lower takes out the
107:43 liquidity here and we're watching the
107:45 opening
107:46 range what's it doing it's
107:49 finding responsiveness at the midpoint
107:52 and has no ability to get to the upper
107:54 half of it so what's it going to do go
107:56 back
107:58 further to
108:00 7:00 anyone that has more advanced
108:04 understanding listen to the lectures I
108:05 gave prior to this week where I'm
108:08 talking about the relative equal highs
108:09 and relative equal lows and I'm telling
108:10 Caleb you only wait for the 7 o'clock
108:13 and anything that forms to the right of
108:14 that I have students that will be able
108:17 to use the information that is in price
108:19 action prior to 7:00 in the morning
108:21 because they know all the things that I
108:23 taught them around London and how they
108:24 deal with the opening and closing of a
108:27 daily range Power Three they're going to
108:30 incorporate that part of the range so
108:31 that lesson was just simply me saying
108:34 this is using Caleb's model and you know
108:36 how to use the other stuff I taught you
108:38 with London the things I'm talking about
108:40 and referring to that are already on the
108:41 YouTube channel go watch the mentorship
108:43 videos in 2017 the 2017 mentorship
108:46 playlist the students that paid and went
108:49 through those those lectures live as I
108:51 was delivering them as happening and I
108:53 was doing live streams and calling
108:55 markets and saying this is what's going
108:56 to happen doing market reviews saying
108:57 where it's going to go
108:59 next those were the individuals I was
109:01 answering and addressing to there
109:03 because they want to know is it anything
109:05 here for them or should it just stick
109:06 with what they got and I have students
109:08 that don't find their way well to the
109:10 marketplace still because they have
109:13 something and I don't know what the
109:14 barrier is for all of them I don't know
109:16 what it is okay sometimes you know
109:19 they're very clear and showing what it
109:21 is and others are just I don't know I
109:22 don't know if they're just guarded and
109:24 they won't be honest with me and say
109:26 this is what I keep doing but I haven't
109:27 been willing to show you this I keep
109:29 making this mistake so if you're G to
109:31 ask me as a student and I'm not saying
109:32 you should do this because I still get
109:33 emails from people all around the world
109:35 saying hey look can you tell me what I'm
109:38 doing wrong or or can you look at what I
109:40 did here and tell me I did it right I
109:43 shouldn't have to do that if the outcome
109:45 was positive you did something right if
109:47 the outcome was not positive you didn't
109:49 do something right so explore I'm not
109:51 going to cut cut you to the front of the
109:53 line of your learning curve by doing it
109:55 and I know some of you just want an
109:56 interaction with me on an email like I'm
109:57 a celebrity I'm not a celebrity I'm not
109:59 important I'm not that great of a person
110:01 just be content with what I'm teaching
110:03 you here try stop trying to lift me up
110:05 to a celebrity status I'm not that I'm
110:08 not that uh amazing okay but anything
110:11 prior to 7 o'clock well what does that
110:13 take you back to
110:15 here there which is what I referred you
110:18 to when we were what entering into that
110:22 9:30 opening where's the liquidity at
110:26 here and
110:28 here and what did the market do it
110:31 addressed what side first here after
110:36 [Music]
110:40 9:30 that's
110:45 here right there so did it go for that
110:48 liquidity or the sell side over here
110:52 which side did it go for it went for the
110:55 sell side
110:56 first came back up did it take that
110:58 liquidity out yet when it was here no
111:01 did it take it out right here no so
111:04 where' it go it went below one more time
111:06 here we were looking forward to the
111:08 sweep down here and as it was dropping
111:10 down I said watch these wicks in here it
111:12 overshot the entire low that's fine
111:14 we're not in a trade we're not getting
111:16 stopped out we're not getting squeezed
111:18 out we're observing and watching what
111:20 are we waiting for we want to see it
111:21 take that low out
111:23 drops what is this
111:26 forming relative equal lows for anybody
111:28 that's trading to 9 o'cl going in
111:30 Waiting For What the first 30 minutes
111:32 opening
111:34 Range
111:36 High high relative equal highs in an
111:40 area I told you this is going to be
111:41 problematic we need to study this it
111:43 needs to it's going to need to get
111:44 through this little area here because
111:45 there's two indis of candles even though
111:47 that this candles sticks closed and this
111:49 candles sticks open is basically
111:51 symmetrical it's it's close it doesn't
111:53 really provide a
111:55 gap when I see candles like this in the
111:57 middle two of them like that that to me
111:59 is something that needs to be repriced
112:00 to and if it goes through it in the
112:03 direction I'm looking for it to move
112:04 then I'm fine with it then I'm going to
112:05 disregard it and never worry about it
112:07 again but go back and listen to it while
112:08 we were trading here I said it needs to
112:09 go through here and it couldn't do it
112:12 went lower lower rally one more time the
112:15 body staying inside the opening range
112:17 got just bumped that high and then took
112:19 us down to clear this
112:22 I told you once it done that I want to
112:24 see it trade above the new day opening
112:26 gap on the 16th come back down and touch
112:28 that and it did and then I gave you
112:31 because of all the things I just
112:33 outlined which side did it work
112:35 predominantly the cell side what is the
112:38 side of the marketplace usually offered
112:40 to the public
112:42 first the wrong
112:44 side they take them down the prim Rose
112:47 Le okay there was a song my grandpa used
112:49 to listen to um I don't know the artist
112:52 was it was an old singer but uh he used
112:55 to play every time he would get drunk he
112:56 would sit there with his boxer shorts on
112:58 nothing else on just well that's not
113:00 true he would wear white tube socks and
113:03 a pair of boxer shorts his underwear and
113:05 he'd sit there with a half a gallon ice
113:07 cream butter beon smoking Lark's
113:10 cigarettes and watching Gomer pile drunk
113:13 as the TV would be on and this guy
113:16 would be singing something about going
113:17 down the Primrose
113:19 Lane well in the market they send the
113:22 Traders on the wrong side that's the
113:24 Judith swing that's the the run on price
113:27 action that gets people thinking this is
113:30 where it's going I want to get on board
113:31 and they chase it and if they're
113:34 initially positioned to profit while
113:36 it's forming it it gives them a sense
113:39 of like Comfort when you shouldn't be
113:43 comfortable It's usually the wrong side
113:44 of the marketplace and then it comes
113:46 down takes the low out and remember I
113:47 was asking do you feel safe if your stop
113:49 was
113:50 here that's me Prim in you I'm priming
113:54 you as a student okay he's taking my
113:57 attention up here and I said now what
113:58 about the people that had their stop
114:00 loss here who's made money right now
114:04 shorts anyone long from that low is now
114:07 unseated why did they do that because
114:09 they're going to go here so to run from
114:12 here to here is profitable to run from
114:16 here to here is profitable and why it
114:19 went down there is to unseat the stops
114:21 that were resting right below that
114:24 low I took your attention to this area
114:28 here told you the fair value C was going
114:29 to be there before that candle
114:32 closed one tick below this candle that's
114:34 the institutional orderflow entry jail
114:35 and we don't want to see that entire Gap
114:38 closed in that Gap looks like
114:45 this that's your fair value Gap it went
114:47 down to this low is that still unfilled
114:52 of of course it is that's exactly what
114:54 you want to see as a signature that is
114:56 the algorithm tipping its hand to me
114:58 because I know what the I'm looking
114:59 for when it does that it's going to be
115:02 what I want to see we want to see it
115:04 rally up where is it going to Rally to
115:06 Michael new week new week opening Gap
115:08 love and then we want to see it trade
115:10 into the midpoint of that consequent
115:12 encroachment and does it touch the top
115:13 of it look at the bodies respecting it
115:15 again yeah we Wick through it and
115:17 admittedly when I said 6 boom it
115:19 happened I thought because it flashed
115:21 real quick my I was watching that this
115:24 line I thought that that was this over
115:25 here and it had to dig down and I told
115:27 you okay I want to see it go down into
115:29 this area here and there's a balanced
115:31 price range in there so it can do that
115:32 and then send it higher does your chart
115:34 show
115:36 this I'm quite certain that your
115:38 chart if you have live data feed right
115:40 now if you're watching it after the fact
115:42 you're now looking at the same thing
115:44 that's on this chart and you're going to
115:46 tell me that we don't know what the
115:48 we're doing around here like this is
115:50 completely random like it's
115:53 random we're looking at a one minute
115:56 chart every fluctuation of any
115:59 significance is being
116:01 outlined the logic as to why it's going
116:03 to go where it's going to go pray tell
116:05 where's the book where's the
116:07 authors before 1996 that was outlining
116:09 anything like that it didn't happen and
116:11 there was nobody doing it while I was
116:13 becoming who I am
116:15 today November 5th 1992 that was when I
116:18 started on a Thursday night at N9
116:20 o'clock in a house
116:23 in bird River
116:25 Maryland renting their $50 a
116:30 month I'm sorry $50 a week room and
116:34 board at my aunt and uncle's house and I
116:37 started to learn how to be a Trader
116:38 November 5th at 900 p.m on a Thursday
116:42 night and between
116:46 then all the
116:48 way to
116:50 1996 that's when I had everything as I
116:54 wanted it and then I tinkered with it
116:56 for a little bit more after that and
116:58 prolonged the progress but I had it
117:00 figured out in
117:03 1996 around April of 96 thereabouts it
117:08 was
117:11 Springtime and I was looking out over
117:15 the water and gunpowder State Park I
117:18 used to go out there and listen to CDs
117:21 and tapes and
117:22 audio books and stuff not about trading
117:24 just usually it was like Stephen King
117:27 stuff and I'd have my little Walkman
117:29 headset
117:31 and it dawned on me that I have cracked
117:35 this I figured it out like I have
117:39 it and it was my moment of astonishment
117:42 that I have arrived and I didn't realize
117:45 it until that moment and I wasn't even
117:46 looking at charts when it
117:50 happened but all of these things
117:53 in price action they're going to
117:56 repeat they're going to repeat but I
117:59 have to walk Caleb through this and
118:03 prompt him to say okay do you see this
118:07 you see this watch observe what happens
118:09 when it does this watch observe when it
118:11 happens to do this when it's time to
118:13 move you hear me tell
118:15 you you hear me but I'm not going to
118:18 hold your hand and say Here's a buy put
118:19 your stop loss here that that that's not
118:21 what I'm here for and that's what most
118:22 of you want happening and because it
118:24 ain't happening that way you're going to
118:25 talk because you think number one
118:27 either you're going to feel good about
118:29 having done it because it's a release
118:31 for you or that I'm going to read it get
118:33 inspired by it and say okay well this is
118:35 reverse psychology I'm going to fall
118:36 victim because I'm a and I'm going
118:37 to do what you want me to do because you
118:39 you're pulling the strings you're no
118:40 marionette Master over me you feel in
118:44 charge you feel in charge of me no
118:48 nobody's in charge of me the Lord is but
118:51 these things that will will repeat over
118:54 and over again in price action the logic
118:57 of waiting for the sell side and the buy
118:59 side once you define what they are just
119:01 wait for the first one to get
119:03 taken when that water is Disturbed and
119:06 you see
119:08 violence jagged jagged jagged the whole
119:12 time these are smooth and this is smooth
119:15 oh I want to be able to buy down here
119:17 well when it goes below that you buy it
119:19 then learn from that sometimes it'll
119:22 great sometimes it won't
119:26 be we want to see it trade above the new
119:30 day opening Gap that means I'm saying
119:32 that once it gets above that and it
119:34 starts the trade here as long as we
119:35 don't breach that midpoint of that Wick
119:36 right
119:37 there why because we've had the stops
119:41 run below that low in here so this
119:45 movement is what it's a wick on a higher
119:47 time frame it just doesn't look like one
119:52 it's wicking
119:55 here to take us below that low and that
119:58 low so this low is the low that forms
120:03 what these relative equal lows and it's
120:06 also being respective of the new day
120:09 opening Gap see the
120:11 bodies is this one doing it
120:17 no oh see that's logic
120:22 that's logic I'm not going to refer to
120:24 this one as we go back above it as
120:26 support I'm going to use this one
120:29 because this one here is already showing
120:32 that it's done what it's respected it so
120:34 the algorithm is going to go back to
120:36 that one it's not going to refer to this
120:38 one which one was on the new day opening
120:42 Gap and the bodies are showing it right
120:45 there so now my attention was focused
120:48 there we went above it I'm going to see
120:49 it trade down touch the opening I'm
120:52 sorry the uh the new day opening Gap
120:54 high and it can trade as low as that low
120:56 one but we don't want to see a
120:59 close below that Wick of that
121:02 candlestick's midpoint or consequent
121:03 encroachment of it and it only gave us a
121:06 touch of the high of the new day opening
121:08 Gap rallied showed displacement
121:10 wonderful next candle as it's forming
121:13 this is going to be a fair value Gap
121:14 called before it Formed institutional
121:17 order flow called before it delivered I
121:20 was off by two handles eight tick or
121:22 thereabouts or seven tick would it be
121:23 seven tick we just call it two handles
121:26 it did not close in that gap which is
121:27 exactly what I told you that's ideal and
121:30 then it's Off to the
121:33 Races look how it responded off of the
121:35 consequent encroaching of the opening
121:36 range Gap
121:38 there a't that beautiful I mean when you
121:41 see that doesn't that just get your
121:42 juices
121:44 flowing like this is stuff that once you
121:47 study it and you see it and you're able
121:49 to see it your eyes is going to jump to
121:51 it
121:53 and then after being able to see it in
121:55 hindsight where your eye jumps to it
121:57 you'll be able to predict it like I'm
121:58 proving to
122:00 you because you know what it's trying to
122:03 do you know what handhold it's going to
122:05 have if price was personified as a rock
122:08 climber okay if it's a rock climber you
122:12 can look back over here and see what
122:14 it's going to place its hand in and or
122:16 what it's going to place its foot in I
122:17 told you it's going to go down into this
122:18 Gap uh this fair value Gap in here P
122:20 down into this balance price range go
122:23 back go back and listen I can't edit it
122:27 I don't re-upload the live streams once
122:29 they're there they're
122:31 there trades into it
122:34 there only by the
122:37 wick consequent encroachment sends us
122:42 boom
122:44 heartache shorts aren't unprofitable
122:46 longs it bought in here knocked out who
122:49 made money
122:52 they cleared the they cleared the table
122:54 both
122:58 sides when you're watching me don't try
123:02 to predict why I'm trying to say
123:05 something just
123:06 listen take notes because you're not
123:09 going to get the lesson until you go
123:10 back and watch the live stream after the
123:12 fact if you're just watching it one time
123:14 through you didn't learned you
123:17 observed you're some of you are just
123:19 looking for me to do something wrong
123:21 that's a waste of your your time I'm
123:22 tickled that I'm wasting your time
123:23 because you're not here to learn and
123:25 you're wasting your time I'm doing this
123:27 and it's profiting my son it may be
123:30 profiting a large number of you that are
123:31 watching as well but that's just
123:33 something extra that's not my motivation
123:35 my motiv my motivation is proving that
123:38 my son over time can do what I'm able to
123:40 do even if it's 5% of what I know that's
123:44 enough to replace his
123:46 job if he can do 25% of what I know he's
123:50 wildly rich just got to wait for it to
123:52 to build up that's
123:54 all but if you're going in here watching
123:56 me to learn how to quickly get money to
124:00 quickly make money to quickly blow your
124:03 accounts to Stratosphere
124:08 levels you're thinking about it wrong
124:11 your idea about making money is going to
124:13 surpass the necessity for you to be
124:15 humble and just take in information
124:18 that's what he's doing he's not trying
124:20 to predict what it's going to do he's
124:22 listening he's observing he's watching
124:23 me he's watching me do this side by side
124:25 right next to him he's watched me take
124:27 trades he's watched me make your
124:29 annual salary in one trade he's watched
124:32 me do
124:33 that but he's also unaware on how to do
124:36 it himself
124:38 so this is this is how I would talk to
124:41 him I would not be adding anything ex
124:44 extra than what I'm doing here this is
124:47 exactly how I talk to him when it's
124:49 something it's it's Salient and it's
124:51 meaning it has an impact or it will have
124:53 an impact on his growth and what he'll
124:55 probably be wasting time if he falls
124:57 victim to worrying about this and not
124:58 paying attention to the things I'm
125:00 talking about if he doesn't listen it's
125:03 going to take him
125:04 longer if he listens applies the things
125:07 I'm showing
125:08 you the
125:11 logic these things you'll see they will
125:13 repeat and because they're repeating and
125:16 because I'm here every single day over
125:18 top of Life price action outlining them
125:20 explaining them to you
125:23 I mean think about it how many things
125:25 are you seeing happening every time we
125:27 get a live stream
125:29 going you're seeing fluctuations in
125:31 price action outlined beforehand is it
125:34 every single candle providing you a
125:35 trade no and that's exactly the
125:38 point that's the
125:41 point he's going to see oh this is the
125:45 thing I'm looking for there might be
125:46 some wiggle and waggle in price action
125:48 that he can see coming and oh yeah but
125:50 that's not a trade
125:52 but isn't it funny how when it's time to
125:53 put the money in we're going to see a
125:56 gap stay open an Institutional entry
125:58 we're talking about entries this week
126:00 did it
126:02 work you tell me you tell me
126:07 Expos you tell me Mr YouTuber trying to
126:10 make money with affiliate links talking
126:11 about other people you
126:12 clown come on you tell me is it working
126:15 am I am I throwing my career
126:17 [Music]
126:18 away am I am I here clowning you you
126:22 the out of here you
126:24 piece of
126:25 shits students that stay here and learn
126:28 how to do this they will be laughing at
126:30 you like I laugh at you because once
126:33 they know how this is done in their own
126:35 hands nobody's going to convince them
126:37 otherwise this is the truth this is the
126:40 market and there ain't nothing better
126:43 nothing's going to be better than this
126:45 how the can you improve upon
126:47 Perfection how can you you'll know when
126:51 to do something something when not to do
126:52 something you know when the Market's
126:54 going to behave a certain way you talk
126:56 about volume profile that's really a a
126:58 really a poor choice of of words because
127:02 if I say a market
127:04 profile invariably some of you were
127:06 thinking oh well he's just renaming
127:08 volume profile no what I'm saying is
127:12 there are
127:13 schematics on how the price will behave
127:15 a certain
127:16 way on an individual session B basis on
127:20 a daily basis on a weekly range basis
127:23 and on a monthly range basis on a
127:24 quarterly basis and for the
127:27 year I know that if I didn't know that I
127:31 couldn't sit here and tell you when
127:33 certain things are going to form on a
127:34 one minute chart on a 15c chart
127:37 how could that be possible how is that
127:40 possible unless I know something that
127:41 nobody else knows that's not
127:44 bragging I'm I'm forcing you to make a
127:46 critical assessment here are you paying
127:50 attention because clearly this is not
127:52 harmonic it's not supply and
127:54 demand it's elements of
127:57 time then waiting for price to do
128:00 something as a response to what's done
128:02 at a specific
128:05 time you're waiting and to make it very
128:08 very easy to make it very simple I
128:13 taught my son to outline the liquidity
128:16 above and below the marketplace and wait
128:18 for the first one to be
128:20 taken and then the second one will come
128:23 later because the first one shall later
128:26 be last that's in
128:28 scripture that's the same thing you're
128:30 seeing in the marketplace this liquidity
128:33 was
128:34 saved and what you're going to learn the
128:36 key takeaways Caleb is if this is going
128:39 to be taken second that means it's going
128:41 to potentially move a little bit more
128:43 Beyond this one meaning what if you
128:47 know that a daily range and I'm going to
128:50 I'm going to draw out
128:52 crude depiction of a D and another daily
128:54 Candlestick here or not a Candlestick
128:56 but open highight
129:00 close if you're enjoying this and you're
129:03 making Leaps and Bounds in your
129:05 understanding or just entertained this
129:07 is the time when you do the thumbs up on
129:08 the channel on this video if you click
129:11 the thumbs up that means that I
129:13 connected with you on a level that has
129:16 helped you understand and inspired
129:19 you to stick with it if you don't put
129:22 the thumbs up I'm still going to keep
129:24 doing it because that means that you
129:26 want me to stop and I'm going to deny
129:34 you okay where I did this the last time
129:36 I guess it's too small for me to copy it
129:38 like that I'm sure there's a probably an
129:39 easier
129:40 way just clone it ICT I heard
129:43 you but if I still move it it's going to
129:46 act
129:47 wonky right say say think of this as a
129:50 individual
129:52 Bar for a daily chart okay so other
129:56 words it's it's representing the highest
129:58 high in the lowest low of the day okay
130:03 and say in your in your mind that you're
130:06 looking at the market and you're
130:07 studying weekly charts and monthly
130:09 charts and daily charts over the weekend
130:11 before the market starts trading on
130:13 Sunday at 6m I'm going to say this
130:15 portion here and then we'll drop down to
130:17 a 15-second chart and look at the
130:18 fluctuations and then I'm going to close
130:20 the session out because it's getting a
130:21 little bit too too
130:23 long no no no keep going long I I I want
130:26 to but I want to keep it small because
130:29 my my son doesn't have a lot of time
130:31 after he works to watch all these things
130:33 so I have to be a little bit more
130:35 economical with my time as much as I'm
130:37 pouring into it but I'm doing it every
130:39 day so he's he's actually behind so he's
130:42 not
130:43 watching these in in the entirety from
130:46 the beginning to end because he's
130:48 working and I don't want him get in
130:49 trouble while he's work watching my
130:51 stuff at work you shouldn't do that
130:55 so that's kind of like where I'm trying
130:57 to aim for going forward and it's it's a
130:59 little bit complicated because I you're
131:01 going to eventually have to trade the
131:02 whole session right so you have to have
131:04 the at least the entire session in the
131:06 live stream so talk about what it is and
131:08 what it isn't but if this is the daily
131:10 range okay not a Candlestick but a open
131:12 high low close bar so this is the open
131:16 this is the lowest that made for the day
131:17 and this is the highest it made for the
131:19 day and this is where it stops trade
131:20 okay
131:22 if you're thinking is that we're
131:25 probably going to move up over a series
131:27 of days or for the week or for the month
131:31 or we're moving in that direction higher
131:33 okay and you're watching price
131:37 action at 9:30 here and you've defined
131:41 as we did
131:43 here the cell
131:46 side was here we incorporated that old
131:50 new Daye opening Gap and we gave you the
131:52 buy side so if we're opening right here
131:54 at that candlestick's tick
131:57 opening go back over
132:00 here
132:03 if that opening price on that I'm gonna
132:06 move this vertical line so you can see
132:07 it better so that opening we opened went
132:11 up closed down that opening right there
132:15 represents this graphically in my
132:18 diagram okay and then from that opening
132:20 price that movement from here to that
132:23 low that low would represent that low on
132:26 The Daily open high low close bar so
132:28 what we're saying is is the open and the
132:30 initial drop down that's the fake move
132:34 that's the Judah swing that's where
132:36 smart money
132:37 buys okay now the complication comes in
132:41 at where you are going to be a buyer I
132:44 don't expect my son to be a buyer down
132:46 here I don't expect him to buy the
132:48 rejection block I don't expect him to
132:50 buy down here below that low that's too
132:51 much of an expectation placed on him
132:53 he's not it's going to take him a long
132:55 time to try to buy below here I can do
132:58 that clearly you can see I've done I've
133:00 done executions with Live accounts
133:01 proved it they were in Live accounts you
133:03 can see it
133:04 there signed in to my account it's on
133:08 this channel still right into TD Mar
133:10 trade show every single day with the
133:12 broker statements were shown every
133:13 single day okay it's there people that
133:15 want to talk about I don't trade with
133:16 real money kiss my ass I'm I'm
133:18 out here doing it what the you
133:20 talking about but that opening price
133:24 here down to that low in that area that
133:28 range that means where this low forms
133:30 and where the opening is you're
133:33 hunting you don't have to have the low
133:35 tick you're just hunting something to be
133:38 long you can feel confident that when
133:42 you're working towards holding on to
133:43 trades that paying out longer term
133:45 Patrick Wheeling this is for you buddy
133:46 because you need to learn how to
133:48 trade this movement from the opening
133:50 price
133:51 I just shocked him right now he's like
133:53 what the you just call me by my
133:54 name yeah your your listeners need to
133:56 support you too not troll him you
133:58 shouldn't encourage him because if he
133:59 starts doing stuff like this he'll start
134:01 making real big money real big money and
134:06 he'll he'll be amazing to watch live
134:08 streaming and doing it okay but this
134:10 opening price down to that low that
134:13 range okay graphically looks like
134:18 this that little sweet spot
134:21 right
134:24 [Music]
134:28 here inside that range that's where your
134:31 best opportunity to buy and hold and
134:34 just wait until we get to the lunch hour
134:36 and then measure out where it can
134:37 retrace so if there's going to be a
134:39 lunch macro if it's going to go lower
134:41 you can determine where it's going to go
134:43 lower you can determine that and not
134:45 place your stock loss within grasp of
134:47 that ideally what you want to do is
134:50 learn learn to try to enter when you're
134:52 bullish longer term when you think it's
134:53 going to go higher so don't think that
134:54 this is a onetick pony intraday trading
134:56 only and you can never use it to make
134:58 bigger money you can but you can't you
135:01 can't appreciate this type of daily
135:02 Candlestick close until you first learn
135:05 how to read these intraday price
135:06 fluctuations because by doing it this
135:08 way number one you're going to get a lot
135:10 of exercise you're GNA get a lot of
135:12 price action that to to to digest and
135:16 learn from because everything I'm
135:18 showing you here is fractal you can
135:19 apply it to a weekly chart you can apply
135:21 it to a monthly chart you can drill down
135:23 to a 5-second chart it's still there
135:26 what do you want to do with it how you
135:28 want to frame your model but for folks
135:30 that want to use this for longer term
135:34 holding on for the longer term range and
135:37 reason why I'm teaching this is I got
135:38 criticized by students that actually are
135:40 paid students too they're like you said
135:42 in our lectures that days that go up are
135:46 a classic buy day yeah but you can't
135:48 participate on them if they make this
135:50 low before 8:30 I'm sorry before 9:30 is
135:54 opening bell and you're trading at 9:30
135:55 and you're streaming at 9:30 how the
135:57 am I going to teach you how to use
135:59 an 8:30 entry if I'm starting the stream
136:01 at
136:02 9:30 so I can't go back in time and put
136:05 myself in the trade clearly I can't do
136:08 that but for those individuals that know
136:10 that this is what it looks like not
136:13 every classic buy day or classic sell
136:15 day where it's just One Direction that's
136:17 not the same a classic buy day is just
136:21 it moves up and closes up high it
136:22 doesn't mean it's One Direction with no
136:26 retracements there's sometimes it's like
136:28 that if you're able to hold on to it
136:29 they're very very fun and I'm teaching
136:31 you how to do those types of things
136:33 right here right now addressing paid
136:36 students that question me critically I
136:39 might add disrespectfully I might add if
136:41 I was Negan you'd get a molten
136:43 hot lava poured over your
136:44 head because of that you better talk
136:46 nicely to me you better remember who
136:48 daddy
136:49 is so we have the opening which is that
136:52 price there and any movement down we
136:56 don't need it to tell us in advance what
136:59 the lowest low is see that's that's the
137:00 part that's going to hurt you because
137:02 you're thinking I need to know how to
137:04 buy below the opening price because that
137:06 was what I that was my
137:08 biggest challenge because Larry Williams
137:11 said he couldn't determine how to do
137:13 that so he would buy strength breaking
137:16 above the opening price and every time I
137:18 did that it would hurt me because it
137:19 would retrace back down in and it it
137:21 would it would crush me I would get
137:23 stopped out because I was overleveraging
137:25 in my 20s and I wanted to get to the end
137:27 of the the game where I didn't have to
137:28 have a job so I was doing all the wrong
137:30 things I was putting all the emphasis on
137:31 all the wrong hoping that I could
137:33 get myself around all the adversities
137:35 that I knew were likely but I just put
137:37 blinders on saying I'm Not Gon to I'm
137:39 not going to be subjected to that it's
137:40 going to work for me I'm going to get
137:41 lucky and it didn't work like that I had
137:45 all the same things that happened to you
137:47 happened to me but it happened in much
137:49 more stunning fashion because I was
137:52 willing to put more money in constantly
137:54 and trade without any stop without any
137:56 measure of concern about it losing I
137:58 only saw the potential of winning every
138:01 single time so that's toxic and you got
138:04 to avoid that but at the opening price
138:08 or below that's what Larry Williams was
138:11 saying he couldn't figure that out and
138:13 he Pally said you know I don't know if
138:15 if he knew the addresses or the not the
138:16 address but the ZIP codes of the traders
138:18 that knew how to do that would be
138:19 helpful it was factious statement I was
138:21 like you know what here's my hero in
138:24 1995 I'm watching this man who went out
138:27 there in public physically took $10,000
138:29 to $2.2 million fell got hurt and then
138:33 traded back to $1.2 million and
138:35 everybody said it it wasn't real wasn't
138:37 it wasn't a real event it it it took
138:40 place man he did it okay so that was my
138:43 hero that was everything he said I hung
138:45 on every word like some of you do at me
138:47 and please don't do that I never meet
138:49 your hero never look up your hero and
138:51 put him on a pedestal because eventually
138:53 you get more information about that
138:55 person you'll find out they're not as
138:57 heroic as you thought and it hurts it
139:00 hurts and I'm not saying anything bad
139:02 about Larry I'm just saying
139:03 that I took his public statement about
139:08 what he was unable to see in price
139:09 action and that was the invitation for
139:11 me to say that's the thing I'm looking
139:13 for because if he can't do that I'm
139:16 going to go in if anybody on this
139:18 plan is going to figure it out
139:19 I'm going to and I I did and I teach it
139:22 it's power three so if we know the
139:25 opening price that's a finite number
139:27 they're not going to move that around
139:28 it's right there it's the opening tick
139:30 on that
139:32 candle then simply wait for it to
139:35 drop aim for liquidity or aim for any
139:37 inefficiency below that price to the
139:39 left over here okay the first stages
139:42 were the sell out liquidity and then
139:43 that new day opening Gap it pierced
139:45 through both of them and then what it do
139:46 it came right back to opening range and
139:48 I said I was spending too much time into
139:49 it here and then it
139:52 drops takes out that low then I told you
139:55 I took your attention to that Wick the
139:58 midpoint of that and we want to see it
139:59 get above it treat the old new day
140:01 opening Gap now let me ask you something
140:04 if you didn't know about the new day
140:06 opening Gap why would you expect this
140:08 candle to drop that level right there
140:09 and incend it higher why would why would
140:11 you expect that you wouldn't you
140:14 would have never expected that to happen
140:16 that would have never happened
140:18 but here it is good old ICT sitting here
140:20 5 52 years old could be sitting on a
140:23 beach sipping on some pina
140:25 colada non-alcoholic relaxing I could
140:27 have been doing anything else but this
140:30 and I'm explaining it to you
140:31 beforehand for free for free no
140:36 course payments
140:39 required taking your attention right
140:41 there it's going to form a fair value
140:43 Gap and it's going to be an entry that's
140:44 an Institutional order flow entry drill
140:46 that means it's not going to close the
140:48 gap in it's going to leave a portion
140:49 open and then it does
140:52 it what's occurring this fair value Gap
140:55 with the institutional order entry drill
140:57 and leaving that Gap open Where's that
141:00 where's that forming in the context of
141:02 the daily range based on this logic over
141:05 here it's inside that open to the
141:08 low open to the low look I'll use the
141:13 same thing graphically depicting I'm not
141:15 predicting the closing price don't get
141:16 me wrong I'm just saying if you go in
141:18 every single day with this logic while
141:21 you're learning how to do it better this
141:23 is how you grow in holding on to trades
141:25 and eventually you are going to catch a
141:28 tiger by the tail and baby when
141:30 it starts running you better hold the
141:32 on because you're going through all
141:34 kinds of sticker
141:36 bushes water dry ground rocks tear your
141:39 ass all up it's GNA be hard to hold on
141:41 to it but the end of the day when it
141:43 closes like this on the days that it
141:44 does it man you've made tons you've made
141:48 tons and that fixes all kinds of
141:50 screw-ups it it fixes all kinds of draw
141:53 down it fixes all kinds of days where
141:55 you did too much and you gave back wins
141:57 it fixes all that stuff and it Smooths
141:59 out your monthly Equity curve so I'm not
142:03 P I'm not pushing my son into taking
142:04 trades that it's just 10 15 handles 20
142:07 handles and yeah you're a success you
142:09 can and it's going to prove to him that
142:11 you don't need anything more than that
142:12 to make your
142:14 job but eventually he's going to be
142:17 forced into trading like this see I I'm
142:21 this is my son I want ICT 5.0 2.0
142:26 we're going 5.0 because I want him to be
142:30 a freak I want him to be able to
142:32 go in there air like I can and say this
142:34 is what's G to happen and this is why
142:35 it's going to happen and I ain't worried
142:36 about it it's gonna happen boom done he
142:38 can go in a like a money tree
142:40 walk out back pluck some
142:42 Benjamin's off the Branch stuff
142:43 his pockets and go spend it and
142:45 not worry about the price tag that's
142:46 what I want for my son and if you think
142:48 that's arrogant you think that's
142:49 narcissistic go yourself goes why
142:50 would you want anything
142:52 less it doesn't mean it's it's oh it's
142:55 it's evil that's what the devil wants
142:57 that's not
142:58 biblical people that send me stuff you
143:01 God God doesn't want you trading he
143:04 literally teaches a parable about giving
143:06 a reward for people that do the very
143:08 thing that we do we're investing we're
143:10 not gambling does this look like
143:13 gambling knowing what you're looking for
143:15 waiting for the criteria to be met and
143:17 then having Sound Logic saying it should
143:20 behave like this and then it does inside
143:23 the range between the open down to the
143:24 low there's your fair value got right
143:26 there that is your low
143:29 risk
143:33 by oh and you did it live you outlin the
143:38 details
143:39 live no hindsight no edited out here in
143:43 front of everybody it either works or it
143:46 doesn't I either do my Victory lap or I
143:49 fall in my face which is is it what
143:51 happened in your
143:52 chart fun isn't it So eventually what
143:55 happens is by entering like this when
143:56 you have a longer term bias that you
143:58 derive from a monthly and a weekly chart
144:01 So eventually Caleb's going to determ
144:03 where in that Spectrum his trades should
144:07 be focused on so if you're bullish
144:09 longer term and you think that this is
144:12 the criteria that the the daily candles
144:14 are going to form or the day that you're
144:16 trading is going to form this so this is
144:18 basically like five 5 o' or 4 15 Eastern
144:21 Standard Time that closing price in
144:23 relationship to where you opened up at
144:24 9:30 down here that's bullish isn't it
144:28 so how can you how can you hold on to
144:30 those trades without having a whole lot
144:32 of fear anxiety or oh I'm scared I'm
144:36 gonna get stopped out you have to
144:37 determine how to buy at the open or
144:40 below it because rarely will it go back
144:43 down after it runs up here it's rarely
144:44 goes back back down air if it does it's
144:47 probably not going to create this
144:48 condition here so
144:50 why do I teach you to take partials
144:52 because you don't know when it's going
144:54 to turn on you you don't have the
144:55 advanced understanding you don't have
144:57 the experience you don't have the the
145:00 time invested in knowing how to navigate
145:03 price you don't know you're you're going
145:05 to react to everything adversely
145:08 everything when you're making money it's
145:09 going to scare you shitless you're gonna
145:11 know what the like what what am I
145:12 supposed to do I was I was hoping I was
145:14 going to move up 20 handles it just jump
145:16 40 I didn't put a limit order in what
145:18 the do I do I'm making more money
145:21 I'm supposed to what am I supposed to
145:23 do that's a good problem but you're
145:25 going to get panicked by that and you're
145:27 going to hold on to it too long because
145:29 you're not going to notice that it's
145:30 caused a reversal because you don't have
145:33 the experience and that's the first time
145:34 you made big
145:36 money these are all lessons that you're
145:39 going to walk into and discover wow I
145:41 didn't know that about myself I didn't
145:43 know I I was going to handle it that way
145:45 you think when you make money it's going
145:46 to be oh man I'm cool I'm chill I'm
145:49 just I ain't got nothing to worry about
145:51 bro it's this everyday thing around here
145:53 man the whole time you're
145:56 bricks because you've never felt that
145:57 before you're panicked you're you're
146:01 your heart's tacking 130 beats a minute
146:04 you can't catch your breath you're
146:05 hyperventilating your body's tingling
146:07 you feel like you're going to pass out
146:08 and throw up and yourself all at
146:09 the same time welcome to profitable
146:11 trading for the first time because
146:13 that's exactly what it feels
146:14 like you've never been there and nobody
146:16 can adequately describe if that's the
146:17 closest thing when you get there you're
146:18 like damn he was right
146:21 and when you let go of that moment and
146:23 you let it turn into a loss man does
146:25 that
146:26 suck so I'm trying to prevent that I'm
146:30 trying to prevent that whole Escapade
146:33 because it it holds you back when you
146:34 have it because it creates Scar
146:36 Tissue so by entering
146:39 in after what side of the marketplace
146:42 and its liquidity remember we framed it
146:44 here this is easy folks I don't know
146:45 what the you people are complaining
146:46 about relative equal highs and the
146:50 relative equal I gave you this morning
146:52 which one does it hit first after 9:30
146:55 bang okay so what does that tell you
146:57 that's the first stage of catching a
146:59 power three day like this if you're
147:01 gonna try to hold for a long big up Clos
147:04 day it has to drop down and take the
147:06 cide
147:07 first it did it this morning but see
147:10 look at what look at how I'm teaching my
147:12 son look at how I taught the mentorship
147:15 the paid mentorship is the same
147:18 way it's the same way
147:21 listen to the liquidity conversations I
147:23 have
147:24 there the buy side and the sell side now
147:27 Johnny asked much we sit there and watch
147:28 this stuff and say hey see he's calling
147:30 both sides of the marketplace he doesn't
147:31 know what the he's talking about
147:32 you're an idiot you're a idiot
147:34 you're a clown you don't even
147:36 listen if you're going to troll me at
147:39 least do the due diligence of
147:40 listening to what I said get the
147:42 framework and then go and improve it
147:44 doesn't work that's how you do it but
147:47 see you can't do it that way so you got
147:48 to take things out of context because %
147:50 of people that have any familiarity with
147:52 me that are not my students they'll say
147:53 oh yeah it's the IC guy he's hindsight
147:55 he's Den he's he's whatever because they
147:57 heard everybody else's opinion about it
147:59 and they never sat here and was a
148:01 student they never put themselves
148:03 through it but if you take the cell side
148:05 first that's the first qualifier for an
148:07 up closed day because what is it doing
148:10 it's tricking people that it's going to
148:12 go down that's the Judith swing a Judas
148:15 goat is the goat that leads the lamb or
148:18 the Lambs into the slaugh house there's
148:20 a little pathway that the Judas goat is
148:21 trained to take a little detour not go
148:24 in the slaughter house but the the the
148:25 Sheep are stupid they're following the
148:28 the the opinions of other people that
148:30 are not students of mine that have
148:31 something to sell and they want to deter
148:33 you they want to take you away from it
148:35 they want to lead you into their
148:36 slaughter house who do you GNA
148:38 believe who are you going to believe the
148:41 guy that's literally sitting here for
148:42 free teaching you how to beat
148:45 the out of these markets
148:46 with a level of precision that none of
148:48 these clowns can even come close to and
148:50 explaining it over a one minute chart
148:52 Real Time with a 3 second delay and I
148:56 can't speed it up anymore baby that's
148:57 the fastest YouTube's going to send it
148:59 through its
149:00 servers or you g to believe the guy that
149:02 says oh this guy's an here's my
149:04 affiliate League hope you use my broker
149:06 because I you can help me out and
149:07 support my channel Who you gonna believe
149:10 who is teaching what they need their
149:13 money I am not asking for
149:17 I don't give a whether you use
149:19 my stuff or not I don't care CU it's
149:21 going to keep working regardless of you
149:22 using it or not using it and the more
149:24 people using it guess what it just means
149:26 there's more witnesses to the fact that
149:27 it's
149:30 working but everything is a graduated
149:34 understanding when Caleb sees that the
149:36 sell sides taken first okay that means
149:38 it's going to reach for the buy side but
149:40 I can't take him into a lesson says look
149:42 son when we're bullish well what makes
149:45 us foolish well we just watched today it
149:47 took the cell side first and then it
149:49 reaches for the body side after seeing
149:51 that for days weeks and months you get
149:53 comfortable with that idea you don't
149:54 need somebody else to tell you on
149:55 another video you don't need ICT to
149:57 answer your question about the bias
149:59 because you've already seen it so then
150:02 the next graduated step is holding
150:04 through
150:07 lunch aim for
150:09 130 close your trade entirely at 130 if
150:13 you're in profit close it and you keep
150:16 doing that and then eventually what
150:17 you'll do is you'll watch and see that
150:19 eventually you'll start seeing the days
150:20 that do these types of things they close
150:23 near their
150:24 high but just off the high like it does
150:28 here and you'll see that during the last
150:30 hour it creates that far extreme high
150:33 and then right before close it comes off
150:35 that and that closes just a little bit
150:37 below where the highest high was for the
150:39 day so if you do your work of buying
150:42 below the
150:44 open at or below it and I gave you that
150:47 real time here
150:48 today and such a beautiful beautiful
150:53 tapestry just beautiful isn't it see how
150:55 all this stuff fits together and some of
150:58 you think this is this is complicated
151:01 well it's complicated because it's going
151:02 to require some brain cells okay
151:04 and it's going to require more than 30
151:06 seconds
151:07 of spending time looking at it I'm not
151:11 Tik Tock
151:14 okay the logic of filing this to its
151:18 completion you have have no idea where
151:21 you are going to be as a Trader the Le
151:24 the the the Leaps and Bounds the and and
151:26 the depth of understanding you're going
151:27 to be able to have using this
151:29 information once you have it no one can
151:31 take it from you no one can diminish it
151:34 no one can talk down to you they can't
151:36 strip it from you they can't demoralize
151:38 you they can't make you doubt it you'll
151:39 never doubt it you'll literally
151:41 walk around with a raging heart
151:43 on and you may still be a female
151:44 but you're going to be horned up on it
151:46 because this is the real you will
151:48 never be scared of the market you're
151:49 never scared of it will you respect it
151:51 ABS
151:54 lutely but you won't be fearful of it
151:56 you won't be fearful that it's going to
151:57 stop working it's going to keep working
152:00 because there's ass hats and dumb asses
152:02 always coming in the marketplace that
152:04 want to follow indicators and some
152:05 Mickey Mouse logic that's sold
152:07 in books and core sellers stuff there's
152:11 always gonna be some kind of
152:12 gimmick that comes out and oh well yeah
152:14 I was a soand so I was an ex ICT student
152:16 but this guy's Lux algo indicator did it
152:18 for me and Lux algo I know you haven't
152:21 reached out to me or anything I'm not
152:22 on you I'm just saying you make
152:24 indicators okay and I you make
152:26 indicators with my own stuff in it some
152:28 of it ain't right some of it's close but
152:30 the point is is indicators by Venom
152:32 themselves is
152:34 useless it's
152:37 useless if I have a stop sign
152:40 okay if I have a stop sign which is a
152:42 control device for
152:43 drivers if I take that stop sign and I
152:46 put it at the bottom of the
152:47 cliff on a foggy day
152:50 okay and you drive off the cliff
152:53 and as you're going down you see the
152:55 stop sign what good is
152:57 that you're
152:59 you can't stop it you're
153:02 done indicators are taking what's
153:04 already happened you're falling
153:06 off a cliff you better stop you're damn
153:09 right you better stop but unfortunately
153:10 you're gonna stop abruptly and that ends
153:13 you just like it does in your trading
153:15 account because you're taking
153:16 mathematically derived information
153:18 that's been crunched by indicators
153:20 okay and attributing to it a level of
153:22 faith it does not deserve it doesn't
153:25 give you Advanced
153:27 Insight I'm telling you fair value gaps
153:30 where they're going to form and
153:30 inversion fair value gaps before they
153:32 form before they're there the
153:35 indicator can never do that it has to
153:37 have the old data then it crunches it
153:40 then it spits it
153:42 out I'm ahead of
153:45 everything before any of your volume
153:48 I'm already ahead of
153:51 it before any harmonic pattern I
153:54 already see it
153:57 coming and what do you think happens
153:59 when you're a student of mine and you
154:00 take it
154:02 serious you're just like
154:04 me you're informed you're educated
154:08 you're light years ahead of
154:10 everybody else and when you listen to
154:12 these ass hats these ankle
154:14 biters these little nose mining Pricks
154:16 these 20y olds that think they know
154:18 something
154:21 they have no idea they have no
154:24 idea and it's entertaining as and I
154:27 do this because I want more of it I want
154:29 more of it you entertain me you
154:32 ass HS you clowns I can sit here
154:35 every day and it's still gonna
154:36 be the same
154:39 outcome but you're sitting over there
154:42 waiting for the day waiting for the day
154:43 that I'll call One Candle wrong and
154:45 you'll you'll forget everything else in
154:47 the live stream but you'll go to that
154:52 and you're still Hawking affiliate links
154:54 you're still Hawking some drama
154:57 clowns that's a clown but I'll have fun
154:59 with you you'll be a toy for me and
155:02 everybody that learns how to do this
155:04 will look at people like that the same
155:05 way you won't maybe you won't play
155:07 around like a cat and mouse like I do
155:09 but you look at it and say h you dismiss
155:11 it because it's it's irrelevant there
155:13 opinion is irrelevant because once you
155:15 adopt your own mindset your own opinion
155:17 because you've handled it you've worked
155:20 with the information you've tested it
155:22 you've seen the the benefits of it and
155:24 it doesn't have any
155:26 comparison there's nothing close to it
155:29 and there's nothing ever going to be
155:30 better than that because this is the
155:32 market this is
155:34 it period okay
155:39 so it's a graduated understanding that
155:41 my son's going to go through and he
155:43 knows it's going to take him some
155:46 time and it's not a quick real fast type
155:48 thing because you can't can't just jump
155:50 into well here by the open or below it
155:52 and then hold for up close C how how do
155:54 you get to the point where you trust
155:56 that that's even there you have to have
155:57 some kind of a logic that has repeated
156:00 that built on your understanding
156:02 modularly one piece at a time okay one
156:04 little piece at a time and you get more
156:06 understanding about yourself how you're
156:08 going to endure or fail and failure is a
156:11 normal thing initially don't be afraid
156:13 of that because when you fail in your
156:16 observations you you highlight these
156:18 little opportunities for you okay this
156:20 is exciting because I thought this was
156:22 going to work but now I'm going to find
156:23 something with more understanding and
156:25 it's going to make this so much clearer
156:27 and it's probably gonna unlock something
156:28 else that I don't even have a question
156:29 about yet and it's G to keep feeding you
156:32 it feeds on itself that's what that's
156:35 what excited learning feels like but if
156:38 you go in thinking that you're going to
156:40 fail and why bother and the first time I
156:42 have any kind of adversity I'm just
156:43 going to drop this look it's a hot
156:45 rock I'm not the guy for you I want
156:48 people that are going to like a Pit Bull
156:50 bite down on this pork chop and don't
156:52 let go cuz I promise you're
156:55 going to eat and you're going to
156:56 eat good real good better than you ever
156:59 thought and you'll be able to do
157:01 it any time you want you want to
157:03 take a week off of trading wonderful do
157:05 it because when you come back this
157:06 shit's still going to be working you
157:08 want to take the whole summer off
157:09 wonderful do it when you come back in
157:11 the fall it's still going to be
157:13 working but think about how you think
157:15 about trading right now and how your
157:16 Educators tell you oh man you got to
157:18 push your Edge it's right now the
157:19 Market's really hot the Market's always
157:22 hot it's always hot it's always moving
157:26 around it's always doing these things
157:29 every single week it's moving around
157:31 it's always following time it's always
157:33 doing the same thing it's setting up
157:35 stupid people and knocking them out
157:37 what's it doing that
157:39 for liquidity that's the lifeblood of
157:42 the
157:43 marketplace it's what makes the markets
157:46 move
157:47 around it's moving to where orders are
157:51 resting and if someone in here that has
157:53 the bested interest in pushing price
157:55 around just like a casino they keep
157:57 people in that
157:59 lose and the ones that lose big they'll
158:01 give them free rooms you want to
158:03 see a show it's good to have you
158:05 back we ain't seen you in a while you're
158:08 down today oh no problem don't worry
158:10 here here's some tickets go watch the
158:11 show Girls Go watch a magic act here
158:14 we're going to comp you a room come back
158:16 that room costs them nothing
158:19 they want you to come back and spend
158:20 more money that's what the market does
158:23 they keep selling that idea here's a new
158:25 indicator here's a new gimmick here's a
158:27 new methodology of trading here's a new
158:29 Guru here's a new Twist on old
158:31 things there's always going to be
158:33 suckers coming in folks that is not
158:35 that's never going to stop
158:37 happening as people grow older new
158:39 people grow older and now they're older
158:41 in an investment age and they're going
158:43 to read the same horeshit that probably
158:44 got you into trading and they're going
158:46 to put money into it and that one
158:48 contract it's all takes that one
158:50 contract above or below old lows that's
158:54 liquidity and they only need one
158:56 contract to book price and if you know
158:58 where they're trading no no not trading
159:00 but training their eye on taking the
159:02 market up to a specific level Allah
159:04 these highs here or down to the
159:07 lows I love these here what if they
159:12 can't hide it now think about it they
159:14 cannot ever hide it from you that should
159:17 make you feel confident it shouldn't
159:19 give you a sense of overconfidence but
159:21 it should give you
159:22 confidence that this stuff is in your
159:25 grasp it just takes a little bit of time
159:27 of you watching it studying it take
159:29 examples screenshot it and see what it
159:31 did and you're going to see the things
159:33 I'm talking about it repeats every day
159:35 that's why the whole the whole moniker
159:37 is every week every day and it won't
159:40 stop that's my slogan that's my little
159:44 catchphrase in the beginning it's like
159:46 oh well you he's just bragging because
159:47 he got right I get it right week
159:50 every week it's the same
159:52 show I get excited and animated because
159:55 I get to experience it through your eyes
159:58 because I know you've never seen this
160:00 before you've never seen it like
160:03 this where it's like i' I've read this
160:06 book before I know the outcome that's
160:08 what it feels like that's exactly what
160:10 it feels
160:12 like and it's
160:14 wonderful it's
160:16 encouraging and then you want to teach
160:18 it to your children when you you know it
160:20 because once they had that skill
160:22 set that's it you're done you're set you
160:26 can lay your head down and not have to
160:27 worry about it no
160:29 more that's what I want for all of you I
160:31 want it for my son I want it for his
160:33 sons and daughters should choose to have
160:35 some but all of you that are listening
160:37 ease dropping in I want it for you too
160:41 you can't even imagine what it feels
160:42 like to wake up in the morning whenever
160:43 you wake up not by an alarm clock just
160:46 wake up because your body says it's time
160:47 for you to get up and do something ain't
160:48 it
160:50 and you decide do you want to make an
160:52 annual
160:53 salary by pushing a couple buttons and
160:55 waiting a little bit of time or you just
160:57 want to take another day off because it
160:59 ain't going to bother you if you
161:01 do you have no idea what that feels like
161:04 you have no idea but it's all in your
161:07 grasp by what I'm sharing for free
161:11 here I promise you if it was complicated
161:13 and you couldn't do it and it's going to
161:15 require more than what anybody else
161:16 would be expected to put themselves
161:18 through I would be up say but you're
161:19 probably not going to do this it's going
161:21 to be hard only less than 1% of you
161:23 going to be able to do
161:25 this I come out and tell you I'm I'm
161:27 blunt about everything and I would tell
161:29 you this is some hard but it's not
161:33 what's hard is
161:34 starting with a systematic approach to
161:36 studying and sticking with
161:39 it like a diet or working out with
161:41 weights you're not getting the results
161:43 right away You're deferring the results
161:46 you're going to put yourself through
161:47 this process and defer the results that
161:50 you hope that you'll get you don't know
161:51 if you're going to get because you don't
161:53 know if you're going to stick with it
161:54 and most people don't stick with it so
161:55 what do they get they don't get the
161:57 results hey I'm trying this diet I'm
161:59 trying that diet I tried this exercise
162:01 routine yeah you see this new workout
162:02 routine hey I'm doing the so and so
162:04 split routine everybody's got something
162:06 how about just lift weights and
162:07 have a a caloric deficit how about that
162:10 it's simple well I just did that same
162:12 thing with trading all you're doing is
162:14 looking at a specific element of Time
162:16 start watching at 7 o'clock up to 9
162:20 regardless if you start at 7 8 or 9
162:23 you're waiting you're waiting for
162:25 information to be delivered to you in
162:27 the form of relative equal highs
162:28 relative equal lows and what side of the
162:30 marketplace are they taking
162:35 first that's the Trap that is the
162:38 gimmick that's the
162:40 snare that's the Judith swing doing its
162:43 job leading the dumb asses the sheep
162:46 that just going to follow the herd
162:48 what's the herd whatever the Market's
162:49 doing right now if it's been going up
162:52 they're going to buy it if it's going
162:54 down they're going to sell
162:55 short that's what a retail minded Trader
162:58 does that's what they do they key up on
163:00 okay this is what's happening right now
163:02 oh what's the easiest thing to do oh I
163:03 need to push a button I need to do
163:04 something it it's dropping I'm I'm
163:06 gonna so
163:09 short and
163:11 sometimes sometimes it moves
163:14 continuously for them and they attribute
163:16 that as skill and it's not they're
163:19 rewarding poor decision-making and
163:24 gambling and that's exactly what I did
163:27 in
163:29 1992 and I attributed as I'm better than
163:31 I thought it was this was
163:33 easy in a couple months went by man I
163:35 got all this figured
163:38 out no no it wasn't like that at all
163:42 then the market started dropping having
163:44 retracements and I didn't know how to go
163:45 short and I was buying and every time it
163:47 went lower I bought bought add more to
163:49 it um yeah I better not I better not put
163:53 a stop loss on this one let me just buy
163:54 one more because then only has to go up
163:56 a little bit more and then I can get out
163:58 even see what just happened I'm not
164:01 trying to make money I'm trying to get
164:03 back something I
164:05 lost that's not profiting that's getting
164:08 even and getting even is the same thing
164:10 as Revenge I want to get even that
164:14 that's that's toxic how do you avoid all
164:17 that stuff by knowing what you're doing
164:19 what you're looking for and you've been
164:20 around the block enough times to know
164:22 that this is what generally is going to
164:23 happen that means you're desensitized to
164:25 it that's what these live streams do
164:27 they show you over real price action
164:30 with somebody that's going to show you
164:32 30 years of experience this is what I
164:35 see through my eyes this is what I see
164:37 watch and
164:38 observe that's all that's all you're
164:40 going to do and by watching and
164:42 observing Caleb is going to say okay I
164:44 see this I didn't see that dad so he
164:47 knows now I got to go in and look at
164:49 when the market does this or that as a
164:51 result and I don't know what he because
164:53 I'm I'm not able to read his mind
164:56 obviously he's going to have his own
164:57 questions just like you have a a large
164:59 degree of questions I'm sure from a
165:00 session like today but I want to go into
165:03 the 15-second chart because I said we
165:04 were going to do that but I also want to
165:05 re uh refer back to this little area
165:08 here so when the market was creating
165:10 this little run what I was anticipating
165:14 is that they were going to take this
165:15 relative equal High out that's what I
165:17 wanted to see okay
165:19 and I felt that we were going to work at
165:22 least in the lower half of the new week
165:24 opening gap which is this is the new
165:26 week opening Gap
165:27 low and this is new we opening Gap high
165:31 and all of this price that I'm sorry all
165:34 this price action here on a one minute
165:36 chart doesn't look as clear and obvious
165:38 as it will when we look at
165:41 the 15 second chart actually this not
165:45 what I want to do
165:47 here um
165:52 um let's look
165:59 at here if you study the
166:03 [Music]
166:06 video what the hell am I
166:14 doing here we go
166:20 right as price creates this price
166:23 running here I've already saw this low
166:26 this high in that low on a one minute
166:28 chart but like I have the charts over
166:30 here like I have a a one minute chart
166:32 over here which is really redundant
166:33 should that should be a
166:35 five and this should be a
166:40 15 when I'm watching price
166:44 action I'm looking at a higher time
166:47 frame chart and if I'm looking at
166:50 something on a a 5-second chart or 15sec
166:52 chart or a 30 second chart anything less
166:54 than 60 UH 60 seconds so sub one
166:58 minute I have to Anchor some logic as to
167:02 what I'm expected to see on the lower
167:04 time frame so for a 15-second
167:07 chart all of this run from here to
167:10 here is going to look different there's
167:14 going to be some not always there's not
167:15 going to be always a overlap of the same
167:18 inefficiency
167:19 the same gaps that would exist on a
167:21 15-second chart may or may not exist on
167:24 your one minute chart it certainly isn't
167:25 going to likely appear on a five minute
167:27 chart so the price Continuum price
167:31 delivery Continuum theory is where we're
167:33 we have something identified on a higher
167:35 time frame level and when I say one
167:38 minute in in Defence to a 5-second chart
167:41 one minute is higher time frame it's not
167:44 a significant higher time frame because
167:46 it's only a one minute chart but if I'm
167:48 going to engage price action with the
167:51 basis of a sub one minute chart that
167:52 means 5c 15c 30 second chart 45 second
167:57 chart something to that
168:01 effect I'm leaning on the logic that the
168:03 one minute chart is subordinate to
168:07 something higher than it which would be
168:09 the five and the 15 so if you do all of
168:12 your study initially with just a five
168:15 I'm sorry 15 minute 5 minute and one
168:16 minute chart you will have a solid
168:19 understanding of price action it doesn't
168:21 mean that you will know when the hold
168:23 for long-term up days or down days it
168:26 doesn't mean that you're going to hold
168:27 for the weekly range it just gives you
168:29 opportunity to practice and study where
168:32 and how price delivers and the
168:34 relationship between a 15-minute time
168:36 frame how it books price and then what
168:39 it looks like on a five-minute chart and
168:40 how it books price and then a one minute
168:42 chart but when you go down to a
168:44 15-second chart or anything less than a
168:46 one minute chart you're going to see
168:48 spotty price action that is many times
168:51 acceptable in that time frame but when
168:53 you start seeing things that agree with
168:57 say a one minute chart
168:59 here then it's going to be a matter
169:02 of let me do
169:06 this one minute chart
169:19 [Music]
169:28 bear with you one
169:47 second e
170:23 [Music]
170:25 you should be seeing the one minute
170:28 chart with the opening range Gap it's
170:32 shaded here but it's the
170:35 portion the lower half
170:37 portion
170:39 here of the new week opening Gap so new
170:42 week opening Gap High new week opening
170:44 Gap low if we measured that like this
170:47 and I'm just going to eyeball it
170:51 okay to 604
170:56 even see that right
170:58 there that's the lowest quadrant level
171:01 okay it
171:03 can trade to the midpoint but what's a
171:06 low hanging low threshold objective if
171:08 if you're going to Target something
171:09 going
171:10 long the lower quadrant right or the low
171:15 okay great so if I think that I'm
171:17 looking at a Marketplace
171:19 that's trading off of this
171:23 breaker
171:25 low lower low high that's not a breaker
171:31 that's a breaker to
171:33 me this retracement every retracement
171:37 that sees it break to the upside that's
171:39 a
171:40 breaker inside of here in this range
171:43 that up last up closed candle what is
171:46 that that's a bullish breaker
171:48 [Music]
171:58 we're trading down into it and then we
172:00 have a shift and Market structure right
172:01 there I want to see when this Gap formed
172:04 on what on a 15-second chart all these
172:07 boxes here are relative to a 15-second
172:10 chart you'll see it in a second but I
172:11 want you to look at the logic on a one
172:13 minute
172:14 chart shift the market structure on that
172:17 candle right right
172:19 there then we have the candle close here
172:23 so now on this time frame we would have
172:26 [Music]
172:30 this big Paradigm Shift about to take
172:32 place for
172:35 you you would see that Gap and this is
172:39 institutional entry Dr right there if
172:41 you were trading on the one minute chart
172:43 because you don't want to see this Gap
172:44 fill in this smaller Gap that's
172:47 different sh uh different shade of
172:49 color that is inside of that Gap because
172:53 it's a 15 second bid and balance Cid in
172:56 efficiency that you want to see what
172:59 stay
173:02 open stay open then you want to see it
173:06 displace higher proving that this is
173:08 going to stay open and then we have what
173:11 this rejection block is pierced right
173:13 there so then on the lower time frame
173:15 15c chart we will drop down to that
173:18 when it trades into this Gap that will
173:20 be based on a 15-second chart and it's
173:22 also what is it what's this on a one
173:26 minute chart what is
173:30 this that right there it's a
173:33 wick half that Wick because it's treated
173:35 like a gap if we measure that half of
173:38 that is
173:40 this so when I'm watching price action I
173:43 don't just look at one time
173:45 frame I have a Continuum of price from a
173:49 weekly to a daily to a 4H hour to 3 Hour
173:53 2 Hour 1 hour 30 minute 15 minute 5
173:58 minute 4 3 2 1 subm minute on a a a
174:03 matrix chart where it's a lot of the 5 4
174:07 3 2 1 and Sub sub one minute chart time
174:09 frames I watch and I'm reading price
174:12 action like this because that's exactly
174:13 what the algorithm's doing it's cycling
174:16 down and then going right back up
174:18 cycling down and right back up through
174:20 the time frames so if I know I'm in an
174:23 area where the woman is in a bu program
174:25 if it's going to go up where's it going
174:26 to go to new week opening Gap low
174:29 because it's going to gravitate towards
174:30 these new week opening gaps it's this
174:32 week's new week opening Gap it's a it's
174:34 a highly influential price action it's
174:37 like a or not price action it's a PD
174:39 rating price action it's like a black
174:41 hole it's not going to escape it it's
174:43 going to draw it back in well we're down
174:45 here waiting for it to prove they want
174:47 to go up wonderful
174:49 I don't need to be a buyer down here
174:50 when it's sloppy and who the hell knows
174:52 what it's going to do I don't need to
174:54 buy this institutional orderflow in
174:55 drill on the one minute chart I want
174:56 something that is in line after it's
174:59 occurred it's done this movement here
175:02 and then I had this wick on the one
175:03 minute chart I means that when we opened
175:05 up here and create that that
175:10 separation let me take this off for a
175:12 second that separation between that
175:15 Wick's high and that candle's close
175:17 wonderful the next candle we open up
175:19 here and does what it trades down there
175:23 is no Gap right here on the one minute
175:25 chart but there is a consequent
175:27 encroachment midpoint of that gap on
175:29 that Wick because Wicks are gaps that's
175:32 the logic I teach you to have so when we
175:35 see it drop down like this in the
175:36 recording I put on YouTube you can see I
175:38 executed a market order as it went into
175:41 that I hit it
175:44 Market rallied and then it showed this
175:47 imbalance here trades into that and
175:50 delivers up
175:52 into the new week opening Gap because
175:55 I'm trading pre session that means be
175:58 even before 7 o'clock I'm using the
176:01 logic of relative equal
176:03 highs over here so now watch what
176:07 occurs in price are these are these
176:10 relative equal highs hiding from you
176:13 were were they in your chart too of
176:15 course they were were you watching chart
176:17 at the time maybe maybe not I don't know
176:19 but I know that there's liquidity up
176:20 there in this Le in this 2024 mentorship
176:25 I taught you to validate a relative
176:27 equal High it is a high that has a
176:30 slightly lower high to the right of
176:34 it that's a that's a valid relative
176:37 equal high that is where your liquidity
176:39 is most likely going to be tapped can it
176:41 run relative equal highs that have a
176:44 slightly higher high than that one sure
176:47 can
176:49 the key is this is the part where you
176:50 write down if you watch that one
176:53 that has a higher high if it makes the
176:56 higher high with a wick but the bodies
176:57 are still so showing this this body uh
177:00 close is slightly lower than that one if
177:03 the one that you think is a relative
177:04 equal high if it Wicks above it but the
177:07 body still stay below then the one to
177:09 the left that's still a valid relative
177:11 equal high and it'll go into the wick
177:13 you're just going to be met with the
177:14 challenge of you need to see it trade
177:16 above and close
177:18 and show speed and magnitude above if it
177:22 has a wick its consequent
177:24 approachment okay remember what we were
177:26 looking at when price was diving down
177:28 today below its initial low after 9:30
177:30 is opening I said watch the Wicks that's
177:32 why you need to see does it want to
177:34 indicate that it wants to go through
177:35 that if it does then you probably part
177:38 of a more meaningful run or if it does
177:41 that give it a chance to reverse and get
177:43 back above it which is what we outlined
177:45 this morning and trade to the opening
177:47 range Gap again and to write to the buy
177:49 side liquidity eye outline at the very
177:51 beginning of the
177:51 stream see how all this stuff goes
177:53 together it's it's it's logic that will
177:56 repeat for you but until you see it and
177:59 expose yourself to it via live stream
178:03 watching over real-time price action
178:05 because if I don't know what I'm talking
178:07 about you're going to see it it will
178:09 fail miserably the things won't be there
178:12 are you seeing that or are you seeing
178:14 that just does not make sense
178:16 otherwise but works yeah it's like
178:18 technical science so this is the draw on
178:22 [Music]
178:29 liquidity are you having fun I'm having
178:35 fun all right so your buy stops are here
178:37 that's where your buy side liquidity is
178:40 this is the entry I'll show you that in
178:42 a minute it rallies creates an imbalance
178:45 here notice that this imbalance doesn't
178:47 even match on the U one minute chart but
178:49 we're watching on the lower time frames
178:52 but again what is
178:55 here when price goes above it do we just
178:58 disregard this well if you're watching
179:00 anything else but ICT that's exactly
179:02 what you
179:03 do no we don't do that we
179:08 take and you measure it on the time
179:11 frame it exists so there is what
179:13 consequent encroachment do these candles
179:15 touch that consequent encroachment
179:19 no so while I'm watching price action I
179:21 may be showing you the execution being
179:23 recorded on that one specific time frame
179:25 what am I not showing you it's my
179:28 observations through the price delivery
179:30 Continuum it's watching higher time
179:33 frames down the lower time frames and
179:34 I'm weighing out do my PD arrays keep
179:38 price from dropping or if I'm expecting
179:41 this consequent encouragement the trade
179:43 to which is reasonable it's
179:45 consequential it's consequential to you
179:47 holding on to the trade so it can
179:49 encroach into the mid part of that Wick
179:51 hence the name consequent encroachment
179:53 so if I'm looking at it and it doesn't
179:55 touch the midpoint of that if I'm
179:57 bullish and if I'm in a long trade does
179:59 that booler my confidence or does it
180:02 chip away at my confidence about holding
180:04 the
180:05 trade if it fails to touch that midpoint
180:08 is that a good thing or is it a bad
180:10 thing for my trade if I'm long I'm
180:11 trying to make a gain by having prices
180:13 move higher it's wonderfully
180:16 delicious that's exactly what I want to
180:19 see happen but you aren't taught that in
180:22 anything else this is real
180:25 orderflow I didn't have to show you a
180:27 market profile volume I didn't have to
180:29 show you depth of Market a ladder no
180:31 vwap all the Mickey Mouse
180:34 you're literally seeing everything in
180:35 the open high low clo uh closed bars
180:38 okay everything is in price everything
180:41 they're never ever ever ever ever going
180:44 to be able to hide it from you it's
180:46 never going to be hidden from you they
180:48 cannot hide it from you stop
180:50 worrying about it it's going to not work
180:51 because I'm going to start doing it's
180:52 going to stop work they going to change
180:53 the algorithm I'm not changing
180:56 why part of this don't you
180:59 understand it's Gonna Keep
181:01 working man come
181:04 on but you're watching time frames that
181:07 are higher down to the lower time frames
181:09 you're going to see things on the lower
181:10 time frames that you won't see on the
181:12 higher time frame for instance the 15sec
181:14 chart but I'm
181:16 managing I'm managing that expectation
181:18 of what the five minutes doing what the
181:21 15 minutes doing and how many things are
181:23 forming on that 15-minute chart it's not
181:26 forming like on a 15-second
181:28 chart and it's behind you after it forms
181:31 that means the price is Advanced if
181:32 you're on the right side you're moving
181:34 further away from that thing that
181:35 occurred on the 15minute time frame for
181:38 instance say this say this gap down here
181:41 was based on a 15-minute time frame and
181:43 we're we're trading here is this all
181:45 that influential in terms of watching
181:47 price action at that moment there no so
181:50 as I move away from the higher time
181:53 frame PD arrays that's supporting my
181:55 confidence that the trade's panning out
181:56 I don't need to worry about the
181:57 15-second anymore my focus drops down to
181:59 the five and as long as I'm moving away
182:01 from the PD arrays that's formed on the
182:03 FIV minute chart then that's wonderful
182:05 that's exactly what I want to see happen
182:06 but I'm watching that one minute chart
182:08 and then same thing because one minute
182:10 is going to be closest to anything less
182:11 than one minute chart so the PD arrays
182:13 that form on the one minute chart if I'm
182:14 working with a 15c 30 second 45 second
182:17 or 5 second chart I am very very hawkish
182:21 over the one minute chart I'm watching
182:23 every PD array this is an
182:25 example so if I have a wick here the
182:28 midpoint of that Wick I'm watching as
182:30 it's doing I could see it touch that but
182:32 I don't want to see it touch
182:34 it when the last time you were in a
182:36 trade and you know what you're looking
182:39 for for support or
182:40 resistance and you're think about it it
182:43 goes in the face of trading support and
182:45 resistance you want to see price find
182:47 support at support right I want to see
182:49 it come down touch this and and and and
182:51 push price higher well that there's
182:53 flawed logic because support ain't
182:55 pushing but the narrative that
182:57 causes you to lose money and put false
182:59 hope in something it doesn't work I want
183:02 to see a level that could support but
183:05 not touch
183:06 it that right there is a whole paradigm
183:09 shift if something is reasonable to
183:12 assume that this is likely to happen in
183:13 price but it can't even do it it tells
183:17 you without a shadow of doubt it's
183:19 immediate feedback this is
183:21 going up or going down in deference if
183:24 it can't trade up to a level that you
183:26 thought could be if it could be touched
183:28 think about
183:29 it never thought about like that have
183:31 you right because I take everything and
183:33 turn it upside down and when you do that
183:36 with trading it works if you do what
183:39 everybody else does you're gonna get the
183:40 same results 90% of people lose money 90
183:43 people blow their accounts out
183:45 90% of people can't be profit longterm
183:47 they don't see what price is going to do
183:49 they can't trade they can't do this
183:50 can't do that they don't want to buy
183:51 they don't want to sell you can't time
183:52 to Market that's what they tell you you
183:53 can't TI the market what the am I
183:55 doing here I'm literally telling you in
183:57 advance what it's going to do on a one
183:59 minute candle on a 15c candle why it
184:03 should do
184:04 it you have a choice you either believe
184:07 the guy that's standing here telling you
184:09 and proving it to you and charging
184:11 nothing for it or you believe everybody
184:14 else what are you going to do you have a
184:16 choice now what direction are you going
184:18 to walk forward with you going to
184:20 believe the guy that's proven it to you
184:21 and saying all you have to do is keep
184:24 taking lessons and you're going to learn
184:26 more as you go and it costs nothing out
184:28 of your pocket you're going to grow and
184:31 you eventually will make more than
184:32 you've ever made in your job
184:34 ever and what you do beyond that is up
184:36 to you or you want to listen to
184:38 everybody else's opinion I don't know
184:40 you tell me which one's the best wiser
184:42 decision but that right there sets up
184:43 the tone for it to run higher how high
184:46 can it run well the draw is
184:48 the new week opening Gap low right no
184:50 because that's equivalent to and below
184:52 the relative equal highs it's over here
184:54 where the stops are this is where real
184:56 orders are anyone that's being short
184:58 they have stop orders right there how do
185:00 you protect a short stop I'm sorry short
185:02 position you put a buy stop on it so if
185:04 it goes up to that level you want to be
185:05 out because it could keep going higher
185:06 you don't want to hold on to unlimited
185:08 risk right so above highs or a singular
185:12 high after the Market's dropped you
185:14 don't need a book map to tell you that
185:16 there's buy stops above that
185:18 you don't need that do you need it in
185:21 the beginning to help convey and teach
185:23 you conceptually I believe at the time
185:25 when I first started if a if there was a
185:29 a way that I could see real
185:31 orders that would have helped me
185:34 understand why the market could gate to
185:36 a specific level but not to everything
185:39 and the perfect excuse of of saying why
185:42 it's not always the be all end all pania
185:44 that people say it is just look at the
185:45 live streamers that use it
185:48 why aren't they talking about the very
185:50 levels that call the high andm term high
185:52 and low in a day they're not because
185:55 they don't know how to read it it might
185:57 be telling you that that there's this
185:59 number of Trades sitting here in a
186:01 pending order but that number of Trades
186:03 you pending above an old high or
186:04 relative equal highs or below a low or
186:06 below relative equal lows doesn't mean
186:08 it's going to turn the
186:12 market it doesn't mean anything except
186:14 for that's where the orders are so if
186:15 that's all you're going to get from it I
186:17 I've already taught you how to read
186:18 price action where you don't need any
186:20 extra gimmick everything is in the chart
186:23 everything is in the
186:25 chart as long as you have real-time data
186:27 you have every weapon that's available
186:28 to you that's required to do
186:31 well so you can't use the new week
186:34 opening Gap low which is that big bold
186:35 line here from this week's Sunday's
186:38 opening you you can't use that one
186:40 because the the barrier to getting to
186:44 the liquidity is above that here by that
186:47 candle sticks high so right away we're
186:49 met with this is the initial interest
186:51 can it trade there and then if you start
186:55 doing calculations which you don't see
186:56 me doing but I'm showing you why I did
186:58 it and you're G to see right away this
187:00 is exactly what I was doing on my other
187:03 chart because I have monitors in front
187:05 of me and you can see that if you go on
187:07 my YouTube shorts uh you'll see my my
187:10 trading uh layout I have 12 monitors I
187:14 have a 13th monitor that I don't have
187:16 actually hung up and I was telling my
187:18 kids the other day I gotta get this
187:20 thing hung up it's it's a larger screen
187:22 but uh do you need all that stuff no and
187:25 I probably shouldn't have said it that
187:26 way because it sounds like oh man I'm
187:28 not gonna be able to trade like this or
187:29 have this information unless you don't
187:30 need that you can do it with a three
187:33 panel layout like I first started but I
187:36 had the prefaces part of the discussion
187:38 with the with the disclaimer again
187:40 because I don't want you believing just
187:44 because I said it I want you to
187:45 investigate it yourself see it if it's
187:48 there if it's not like anything else
187:50 okay for the people that go through it
187:51 and start trying to study it this way
187:55 it's going to unlock a perception of
187:56 price actions you've never seen before
187:58 everybody has a 50-minute time frame
188:00 everybody has a five minute everybody
188:01 has a one minute but they how they
188:03 manage it the Continuum of how price is
188:06 delivered through that that mechanism of
188:09 higher time frame down the lower time
188:10 frame and then back up not just one side
188:13 it's got to go back both ways and you're
188:15 constantly weighing out what feedback
188:17 you're getting with the PD arrays I've
188:19 teach and when you can see the price
188:21 action doing these elements and how it
188:24 supports price continuously moving it's
188:26 by it's not being negated it's not
188:28 eating into levels that would otherwise
188:30 be problematic everything supporting
188:32 each other but it's not support and
188:34 resistance it's not supply and demand
188:35 it's literally looking at how price
188:38 refers to liquidity and inefficiency in
188:40 the spectrum of moving in a
188:42 predetermined level above these relative
188:44 equal highs okay but now how far the
188:47 question is is always this where is
188:49 Price drawing to well where's the
188:50 relative equal highs and relative equal
188:52 lows once you determine that how far
188:54 beyond them can it reach well what uh
188:58 endg or new week opening Gap is existing
189:01 Beyond them because that's where it's
189:03 going to gravitate to so we
189:06 have the the buy side here these
189:09 relative equal Highs at the butt end and
189:11 into the lower quadrant of the new week
189:13 opening gap which is defined by that
189:15 high here this line
189:18 in this line if you watch the beginning
189:19 of the recording I show you where these
189:20 levels are anchored to it's Sunday and
189:22 mon Sunday and Mondays I'm sorry
189:25 Sunday's opening tick at 6: pm and where
189:28 Friday's settlement price was and the
189:30 difference between whichever is higher
189:32 that makes the the new week opening Gap
189:34 High whichever is
189:35 lower last Friday's settlement price or
189:38 Sunday's opening price is obviously the
189:40 low okay so that's how you define it
189:44 but the midpoint of it is here that
189:46 would be consequent
189:47 encroachment but because I want to have
189:49 the lowest threshold exit I want to show
189:53 my students how to do that I want to
189:54 show my son how to do that yeah it could
189:56 trade
189:57 there but what's before that the lower
190:00 quadrant level right there so to get
190:03 this this price it's going to have to
190:06 book what
190:16 19,618 these levels here and just know
190:19 that that
190:21 line once we get above the blue line
190:23 which is the bity here if we have
190:27 that on our chart we can do
190:30 this we can look at a 15-second chart
190:34 here all of the things that are over
190:36 here on this
190:39 chart right
190:41 here are being shown to you on a one
190:45 minute chart and I'm watching on a 15c
190:48 chart now 15-second chart your first
190:51 time seeing it you're going to think wow
190:54 it's too
190:55 fast I can't use that time frame it's
190:57 too fast it's not moving any faster than
191:00 with that one minute and 15minute time
191:03 frame the hourly chart the daily chart
191:06 if you're watching ticking price on a
191:09 15sec chart have a daily candle chart
191:11 right next to it and you'll see it's not
191:13 moving any
191:15 faster but because you're looking at the
191:17 candlesticks forming closing creating
191:20 another one open forming closing it
191:22 feels fast but when you anchor it to a
191:25 higher time frame reference point like
191:27 for instance the one minute chart the
191:28 one minute chart is my guide on what I'm
191:32 doing for a 45 second chart a 30 second
191:35 chart a 15sec chart and a 5-sec chart
191:38 I've executed and you've seen me do this
191:40 with a 5-sec chart and it has the same
191:42 measure of precision that I show on any
191:44 other time frame so if if I'm looking
191:47 on a one minute chart like this and I'm
191:50 expecting price to gravitate up to that
191:54 19610 two5 level which is right here as
191:57 well on the 15sec chart it could trade
192:00 up to the halfway point of the new week
192:01 opening gap which is here over here okay
192:06 but I want to be able to teach my son
192:08 how to get very easy objectives where
192:10 it's not hard work it's more likely to
192:13 fill this one than try to reach for
192:15 something that's really high and lofty
192:16 because I've been in a pursuit of
192:19 perfection my entire career and every
192:22 time I demand Perfection while I'm
192:24 moving in the direction right direction
192:27 because of the aspect of the limit order
192:29 meeting the spread in that agreement
192:31 before I get my
192:33 fill sometimes I don't get my exess even
192:35 though the price can book there and I've
192:37 shown this in live streams I've shown it
192:39 in live examples I've shown it with Live
192:41 accounts I've done it and it trades to
192:44 the price I've called it trades to the
192:46 Limit order price that should have
192:47 booked but it doesn't it doesn't trip me
192:50 in that I take that as a little
192:53 aggravating but it's also a pattern the
192:55 back for saying you know what you're a
192:56 animal ICT because literally you
192:58 called The Very turning point and they
193:00 were being dicks on the way out the door
193:02 they said no you can't have it you
193:04 you're taking everything
193:05 from us and we can't let you have it
193:07 don't take the last piece of
193:09 pie so I have afforded myself a strategy
193:13 that says yes I can see where the best
193:15 turning points are likely to form but on
193:17 a steady diet I need to know where the
193:20 easiest barriers to profitable exits are
193:23 going to be for me which is the easiest
193:25 thing to get to Well it can't be the low
193:29 because that's where the actual relative
193:31 equal Highs are where the buy side is
193:32 and it's just slightly above that so
193:35 that's that blue line remember and then
193:37 above that we have the lower quadrant of
193:39 the new week opening Gap and then then
193:41 we have the the midpoint of it so this
193:44 level here is the easiest threshold to
193:47 exit profitably even if I can't get the
193:50 midpoint of the new week opening Gap so
193:52 you see how I'm measuring with logic
193:54 that it could go to a specific level
193:56 that I can forecast I can see it and I
193:58 can feel good in my journal and say I
194:00 felt really strong about the consequent
194:02 corach of that level being traded to but
194:04 rules state that to have a low barrier
194:07 to exit profitably state that what's
194:09 what's the threshold prior to that one
194:11 well it would be the lower quadrant of
194:13 the new week opening
194:14 Gap and then as price created this level
194:17 here that's green that I'm looking for
194:19 that to be a
194:20 breakaway and it acted as such it didn't
194:22 even trade back down into it and then we
194:24 had this Gap here from where we closed
194:26 here we opened on that Candlestick right
194:28 there and there's an actual Gap with an
194:31 order
194:32 block this is a strong PD array if you
194:35 ever have an actual Gap where there's no
194:37 no width and you see it
194:41 after a down close candle and you're
194:43 bullish as soon as it trades down into
194:46 that that's a buy and that's why I
194:48 bought it but it's the
194:50 Gap even if that order block wasn't
194:53 there this this would been a fair value
194:55 guy and that's what's highlighted there
194:57 in blue so it's for students that know
195:00 more than you generally do as a new
195:02 student Watching Me on YouTube I've had
195:04 students for a number of years following
195:05 me and they have a little bit advantage
195:08 of having been with me longer and they
195:10 know a little bit more about what it is
195:11 I teach but most of it's actually on
195:13 this YouTube channel so don't look at
195:15 them and say well I wish I would have
195:16 been just watch the videos
195:17 they're here for free but as it slammed
195:21 into that I went along entered at the
195:23 market you watch it in the recording and
195:25 then we rallied
195:26 up in this area right
195:29 here right there that's this
195:33 Wick that's what's being measured on the
195:35 one minute chart I'm watching as price
195:37 is going up I'm watching the 15 second
195:40 destroy the midpoint of that right there
195:43 which is exactly what I want to see and
195:45 then when we start to come back down in
195:47 I don't want to see it touched does it
195:48 touch it there no oh no oh no oh no I
195:51 want to see it come down there and not
195:53 touch it does it touch it no then it
195:56 starts to Rally up wonderful
195:58 institutional order for in why because
195:59 we have proof that it doesn't want to go
196:01 down consequent encroachment here based
196:02 on a one minute chart see what I'm doing
196:06 I'm measuring the strength and the
196:08 magnitude that's still possible in the
196:09 delivery of the price but I'm measuring
196:11 the underlying strength and seeing does
196:14 this really prove that I'm on the right
196:17 side and is the market breath in a
196:19 visual representation that can never
196:21 hide it from you is it supporting higher
196:23 prices yes because if they was weak and
196:26 touched this level here then it's
196:28 probably going to have a deeper
196:29 retracement on me I don't want to see
196:31 that I want to be a part of a trade I
196:33 want to hold on to a trade I want to
196:35 add to trades that show me all
196:38 these types of signatures that tell me
196:39 no I can't even get down air for you ICT
196:42 yeah this is your but I can't even
196:44 get down air for you I can't even get
196:46 down
196:47 okay that means you're getting ready to
196:49 go up for me and I'm already on side so
196:51 I'm going to be comfortable I'm going to
196:53 be wonderful and then I'm going to make
196:55 my target better when it was just above
196:57 that blue line watch the recording I
196:59 raise it up to some random level that
197:02 you can't see otherwise but it's the
197:03 lower
197:09 [Music]
197:15 quadrant there's the Buy as it happened
197:17 real time look at the look at the little
197:19 carrot that appears right at the order
197:21 block look at that you see
197:25 that beautiful isn't
197:28 it that's the
197:29 entry could you improve on that ICT I
197:32 probably could have by a tick that's the
197:35 best I probably could have improved on
197:37 because I was doing it with a market
197:39 limit order I probably could have done
197:41 consequent encroachment but RIS maybe
197:43 not getting filled but that is
197:47 poetry like that's beautiful like that's
197:51 beautiful the market rallies up comes
197:53 back down doesn't give me consequent
197:54 encroachment tough there folks this is
197:56 this is Beyond Charter level
197:59 Charter level members never even learned
198:00 this they never were going to get
198:02 these lessons they never ever ever ever
198:05 would have gotten this lesson ever they
198:07 never would have gotten it they never
198:10 would have learned this this never been
198:12 taught anywhere else before it's never
198:14 intended to be in the public size it
198:16 never was supposed to be in your
198:18 hands and you're watching this stuff you
198:21 might be thinking this is complicated or
198:23 this is dumb I don't get
198:26 this the logic was used that they take
198:29 the trade and you're going to hear me
198:31 bloviate about the same stuff every
198:33 single time we're in front of live
198:35 streams this is what you're looking for
198:37 you're watching this Caleb you're
198:38 looking for this and you're G to see
198:39 this just keeps happening over and
198:40 over and over again and it might seem
198:42 alien to you it might seem complex to
198:44 you right now but you're gonna see it
198:46 doesn't get complex it gets easier
198:48 because you keep seeing me say the same
198:50 things about the same stuff all you have
198:53 to do is know where the price is going
198:54 to
198:54 move where is it going to draw relative
198:57 equal highs okay how far past the
198:59 relative equal highs well is there a new
199:01 day opening G or is there a new week
199:02 opening Gap just above it where is a
199:04 close proximity use that one if the
199:07 range permits it break that range or
199:09 inefficiency into
199:12 quadrants lowest quadrant right here
199:13 what's that price right there 19,000
199:17 60.25 to get that price you got to book
199:19 what one tick above
199:22 it bam look real close right here you'll
199:26 see the little arrow where I get out at
199:27 BAM right there that's the logic folks
199:30 so am I making this up as I go
199:32 along and just happens to line
199:33 up to the things I'm teaching that's the
199:36 that's the other I get in my
199:37 comment section oh this is after the
199:38 fact he's just trying to make it fit
199:40 he's just cherry picking are you out of
199:41 your mind here's what I'm doing
199:44 I'm cherry-picking everything that
199:46 works live right in front of
199:50 you how about that one yeah of course
199:52 I'm cherry picking I know which
199:53 fair value G I want that's the one I
199:56 want the one I called to you live and
199:58 told you gonna be institutional in
200:00 institutional order flow entry drill and
200:02 it delivered like a gang Buster
200:04 bang
200:06 delivered I don't run out of
200:08 luck and I don't run out of
200:09 yeast this Baker can make cakes
200:11 forever as long as the Lord gives me
200:13 breath and faculties I can still have in
200:15 my head I'm going to be doing this
200:17 it's not going to stop working so you
200:19 might as well just warm up to the idea
200:21 that hey this is the real I'm going
200:23 to try to learn how to do this even if
200:25 you're just 1% better each week you're
200:29 moving in the right direction and don't
200:32 let go of it keep progressing further
200:34 and further in the future you'll see it
200:36 it works it works so now let's
200:39 slide on
200:41 over into the
200:44 9:30 and this is probably going to be
200:46 the last long one in the series
200:51 because I have to make it uh palatable
200:54 for Caleb because it is a lot I'm GNA
200:56 take these these are just measuring
200:57 those Wicks on the one minute chart and
201:00 I don't
201:01 need
201:03 this and I don't need the old lows I'm
201:06 sorry the relativ equ we don't need to
201:07 see that
201:10 anymore and we don't
201:13 need and we'll keep that one for now all
201:16 right so 930 okay so we ran up into the
201:19 opening range Gap went above it a little
201:21 bit broke down here's a gap right there
201:24 you see
201:25 that right there we overshoot it a
201:28 little bit that's that's equivalent to a
201:30 one minute Mohawk just a little bit of a
201:32 coloring outside the range you have to
201:34 keep things in perspective because this
201:35 is a 15-second chart meaning every
201:37 single individual Candlestick is
201:39 representing the open the highest high
201:42 the lowest low and where we sto trading
201:44 every 15 seconds
201:47 now it sounds scary like man is this
201:49 moving too fast it's moving no faster
201:51 than it's moving on an hourly chart a
201:54 weekly chart a monthly chart a yearly
201:56 chart it's not moving any faster the
201:59 only thing that tricks you by
202:01 perspective is the frequency of a new
202:03 candle forming the range upon which it's
202:06 moving higher and lower it's not
202:09 changing that the same amount of time in
202:12 fluctuation is occurring so when people
202:14 say the speed is too fast they're really
202:17 talking out their ass because the
202:19 Market's still doing the same speed
202:22 what's changing is the magnitude of the
202:24 move that is not determined by the time
202:28 frame you're watching it's that that
202:29 that has no it has
202:32 no direct influence of how far it's
202:37 going to
202:38 go something occurring on a 15-second
202:41 chart doesn't equate to or make a 100
202:45 pip or 100 hand run in
202:48 price you can't think about it like that
202:50 the Market's going to run like that
202:52 because of time if it's the right time
202:55 for those types of runs to occur then it
202:57 will it matters not whether you're
202:59 perceiving price through a 15-second
203:01 chart a one minute chart five minute
203:02 chart 15sec chart whatever time frame
203:04 you're watching the magnitude or the
203:06 distance upon which price is going to
203:07 move is dictated by the time upon which
203:10 that move begins and it doesn't mean
203:14 that you begin a move on a 15-second
203:16 chart
203:17 15-second charts just gives you these
203:19 areas of opportunity for you engaging
203:21 price it does not make the move faster
203:24 and it doesn't slow the move down it
203:26 just gives you opportunities to engage
203:28 what's going to be in play higher prices
203:31 or lower prices okay so we're going to
203:35 go into the second drop where we're
203:37 spending too much time in the opening
203:39 range we're inside this inefficiency
203:41 here we Dro down after working the
203:43 midpoint of it or not the midpoint of it
203:45 the uh
203:48 lower lower
203:52 quadrant we drop institutional Oro in
203:55 drill there almost immediate rebalance
203:58 right there if I was watching this live
204:00 as it was going up like that I would
204:02 have commented said watch for immediate
204:05 uh immediate rebounce immediate rebounce
204:07 is when you have a big down closed
204:08 candle and the next candle opens up and
204:10 goes right back up to the previous
204:12 candle before the down close or the
204:14 larger range candle and when touches
204:16 that right there that's one of the best
204:19 onside indicators that you could ever
204:20 get in trading and when you're watching
204:23 time frames and you're watching and
204:25 managing your trade any instance of that
204:28 occurring and you have not had liquidity
204:30 taken it didn't happen yet until that
204:33 right there see that so it could have
204:36 very easily went up and touched that
204:37 candle's low if it did that would be an
204:39 area where I would pyramid if I was
204:41 short I would pyramid
204:43 there and I would look for this lad to
204:45 show speed through through it it does
204:48 and now be first
204:52 partial but let's go to the conversation
204:54 about what I outlined real time
204:57 [Music]
204:58 on the live stream you watch me execute
205:02 on something beforehand and I get the
205:03 Flack all the time why can't you talk
205:05 about these moves in real time ICT
205:07 you're a you're a
205:08 fraud well when I do it you don't pay
205:11 attention to it you want me to execute
205:13 and place my stop loss so you can mimic
205:14 me I don't I don't want you doing that
205:16 but I will do it here I have to do it
205:18 because I want my son to do it so we
205:21 have this I'm going to take this box and
205:23 then that shade the Blue Area remember I
205:25 was telling you that's the range between
205:26 the opening price to the lowest low of
205:28 the day so now it's gone and now that
205:30 chart looks familiar again okay so we
205:33 went down below the lows over here this
205:36 is a a one minute chart on the left low
205:40 and a slightly lower low to left that
205:43 there so we went down below this low
205:46 right
205:47 there this price action right there is
205:50 this price action right here
205:58 [Music]
206:03 watch see how I'm making that little box
206:06 here on the one minute chart it shows it
206:08 here on the 15 second chart so the
206:11 market has a shift in Market structure
206:13 on the 15sec chart here the same same
206:16 thing you see on this one minute candle
206:19 it rallies up this is a
206:22 breaker this is a
206:25 breaker this breaker this up closed
206:28 candle extend that in time there so you
206:31 have a gap which is a bide and balide
206:35 and
206:37 efficiency and you have the midpoint of
206:39 that gap which is consequent inment and
206:40 then you have the breaker so you have
206:41 several things there if you were
206:43 watching a 15-second chart or if I was
206:45 trading on a 15 second chart I would
206:47 have tested the market by entering in
206:51 here would it feed that idea it rallies
206:54 up and it does then we said we want to
206:56 watch it trade back down into the new
206:58 day opening Gap high and maybe as low as
207:01 the new day new day opening Gap low on
207:03 the 16th go back and listen to the early
207:05 part of this stream you'll hear me
207:07 saying those things over live price
207:08 action before it
207:10 happened later on in the Stream I
207:12 explained why because the loty was over
207:14 here with this the bodies were expecting
207:16 the new day opening Gap high and it
207:18 didn't do it here so which low am I
207:20 going to refer to as a a discount array
207:23 for Price this one even though this is
207:26 lower I don't care about that I want
207:28 this one why because this one was
207:29 respecting the same reference point I'm
207:31 using to enter off of over here one one
207:33 minute chart we want to see it open
207:35 trade down to that new day opening gap
207:36 on the
207:37 16th we get that here trades down hit it
207:40 and then rallies up then we have
207:42 displacement we have a separation of
207:45 overlapping candles which is what we're
207:47 seeing in here all of these candles are
207:48 overlapping they're sharing the same
207:50 price range the highest high and the
207:51 lowest low they keep pricing them back
207:53 and forth and then we leave it right
207:55 there wonderful that's this movement
207:58 right there on that candle in the one
207:59 minute
208:00 chart that's what I said when this
208:03 candle was still active on the one
208:04 minute chart lower left hand corner when
208:07 the candle I'm highlighting right there
208:08 was still forming had not closed yet I
208:10 said we're going to see a fair value Gap
208:13 and I would like to see it create an
208:15 Institutional orderflow entry Dr
208:17 that means go one tick below this
208:19 candle's low and then rally up to new
208:21 week opening G low and then we'll see
208:23 what it does after that well we get that
208:26 here
208:28 boom
208:29 boom
208:31 rallies see
208:33 that this we don't want to see that
208:36 close back in why because we're close to
208:38 a Target and if it's if it's going to go
208:41 here it's probably going to run this
208:43 High because there stops right before
208:45 this drop down here anyone short where's
208:47 it going to place their protective buy
208:49 stop at right above this high so if it's
208:51 going to go
208:53 here and trade into this old opening gap
208:58 which is shaded in pink that's the
208:59 difference between yesterday's
209:02 settlement price and where we started
209:04 trading at 930 that's the opening range
209:09 Gap price eventually trades up into the
209:11 air and hits the new week opening Gap
209:12 High look at the
209:14 bodies look at the bodies respective
209:16 that on a 15 second
209:19 chart buying and selling pressure causes
209:21 that right buying and selling
209:25 pressure
209:27 causes that much of respect of a level
209:29 that's supposed to be randomly pulled
209:30 out of my own ass no come on man at some
209:32 point you're just going to have to you
209:34 say this is this is something to this
209:36 and it's not somewhere else in
209:38 books no other teacher no author talked
209:41 about it then you have this inefficiency
209:43 down
209:45 here and go over to the left see
209:49 that so this singular candle and this
209:52 singular candle here are sharing space
209:55 the same
209:57 space the same range and it passed
210:00 through with one single Candle on the
210:03 downside here and on the upside here go
210:07 back and listen to the time when we were
210:08 trading here we can see it drop down
210:10 below the new week opening Gap low and
210:12 trade into the
210:14 inefficiency right here but this is a
210:16 balanced price range because we passed
210:19 through it here and we passed through it
210:20 here so between this candle's low and
210:22 that candle's high that little box is
210:24 balanced it's like a brick wall
210:26 it's like you will not pass me why
210:30 because it's in a buy program it's going
210:31 to be reaching for the
210:33 liquidity here here and where we
210:35 mentioned earlier where the where the
210:37 buy side was eventually we saw traded to
210:40 but the point was I can see this I'm
210:43 watching this and I'm pairing this up
210:45 with this over here so just as much as
210:48 this is a balance price range this
210:50 candle in the lower leand corner that
210:51 candlesticks high and that candlesticks
210:54 low those two price points Define where
210:56 two candles back to back have traded in
210:59 both directions passed through multiple
211:01 times in that
211:03 range so think about like a trading
211:06 range okay you ever studied uh the
211:08 trading range in a market it's you most
211:12 Traders are doing what they're waiting
211:13 for the
211:14 breakout okay and I'm not a breakout
211:17 Trader but I can understand that when a
211:19 market passes back and forth through a
211:20 predefined range high and
211:23 low it's going to take something
211:25 significant to go on the other side of
211:27 it so if I can see those types of
211:30 signatures in price
211:32 action it's two forms of it single
211:35 delivery down here one candle and I mean
211:38 it like this look at it like this
211:39 conceptually view view it like this
211:45 [Music]
211:48 Gap well now we passed through it so we
211:50 offered what here buy side what's
211:53 missing over here buy side because they
211:54 only have one single candle going down
211:56 so in a perfect world a balanced Market
211:59 a efficiently delivered Market would
212:03 have the range open all the way up to
212:04 here and pass back through it because
212:06 only this single candle for 15 seconds
212:10 only passed through the range of the
212:11 previous candle's low to the candle's
212:13 High here so between those two points
212:16 that's shaded in this blue it only
212:18 offered movement going to the downside
212:20 how many times could someone buy or sell
212:22 in at 15 seconds not much so what's it
212:25 inefficient it's inefficient in the
212:27 scope of price moving up doing that same
212:30 price range and we get it
212:32 here okay so because we have one single
212:35 pass on this candle and this candle here
212:37 I I see that visually as a balance price
212:40 range it's offered both sides it's true
212:44 because we have not seen what the buy
212:46 side that was going to be targeted which
212:48 is the the 6
213:14 38.757195 but I'm anchoring it to the F
213:17 uh to the one minute chart as I'm
213:18 referring to this Candlestick here and
213:20 this candles that's a Balan price range
213:22 but it looks visually like this on a
213:24 15sec chart so there's more room for it
213:26 to have this little errant price action
213:28 there but it's not errant
213:30 on this time frame because
213:33 watch we're inside that balanced price
213:35 range it did not take out that candle's
213:37 low that's reasonable it's like a brick
213:39 wall you're not going to go past
213:41 me past what the low of that range
213:43 that's defined by that candle
213:46 find that logic in in a trading book
213:48 it's not
213:49 there it's not there I had to come up
213:52 with a way to describe something that I
213:53 still can't go beyond the scope of what
213:55 I'm saying here that's really occurring
213:56 right there but because it happens to
213:59 visually agree with the primary function
214:02 of what's occurring at that
214:05 time it allows me to communicate to you
214:08 visually balanced price ranges are an
214:10 efficient delivery mechanism but if they
214:14 ever fail that's a huge huge indication
214:19 that something has changed and it's
214:23 manual intervention because
214:25 algorithmically the price is going to
214:26 respect these types of things but if
214:27 they stop the hand's in the mix the hand
214:31 is the market maker the people that are
214:33 going to push price Beyond where you
214:35 think they're going to go even my stuff
214:37 even me taking a trade is not going to
214:39 work they're just going to upset it and
214:41 that's okay I can accept that problem is
214:43 can you can you accept an uncertainty of
214:46 when that's going to
214:48 occur I got things I can see when they
214:50 get involved in it but not always but
214:54 when I see things like a balanced price
214:55 range giveway then there's something
214:57 underlyingly behind the scenes that I I
214:59 don't know what they're doing but I know
215:01 now they're in it remember the analogy I
215:03 gave you when Neo in the book uh not the
215:06 book the movie The Matrix he sees that
215:08 black cat walk and they looks over and
215:10 sees it again he says well that's weird
215:11 that's deja I just saw the same cat
215:13 twice and they all knew because of
215:15 experience shit's changing we got to go
215:18 the the agents are on our way or on
215:20 their way there's a change in the The
215:22 Matrix they made a change that's manual
215:24 intervention the same thing when I'm
215:25 watching price visually and I see things
215:27 like a balanced price range break what I
215:30 think was underway is changed it's not
215:32 likely to occur here that's not the case
215:35 we're
215:37 seeing this candle's high that candle
215:39 slow because it's moved back and forth
215:41 in that range we're not concerned about
215:44 price going below that
215:47 we're seeing it deliver up down up down
215:50 up you see it that's the balance price
215:52 range here on the 15 second chart but
215:54 visually it's this this candle's high
215:57 that candle's low but it's occurring
216:00 right there did that Candlestick go
216:02 below that low right there no it didn't
216:05 so what's changed nothing everything's
216:08 still valid that's why I was telling you
216:11 I believe we're going to go down to this
216:12 little area here in the inefficiency on
216:14 the one minute chart but not go below
216:15 this area here because this is a balance
216:17 price range this Range High that range
216:19 low listen go back and watch the
216:21 recording it's there this is the part
216:23 when people watch these portions of it
216:25 it sounds like oh he's making up I
216:28 I I get so tired of saying this
216:32 that if you just listen I'm telling you
216:35 this stuff before it happens now I'm
216:37 explaining in at nauseum the details as
216:40 to why it's doing what it's doing what
216:42 it looks like how to recognize it
216:44 remember pattern recognition when you're
216:47 hunting something you have to know how
216:48 to track it this is what a track of this
216:51 balance price range looks like and you
216:53 can see it going back down into that
216:54 balanced price range but not going past
216:56 it it says no you're not going lower
216:59 than that so any retracement down like
217:02 there that's not changing anything it's
217:04 breaking the hearts of anybody that you
217:06 know uh may be trading against
217:09 it maybe they're long up here they CH
217:12 they chased it and it's dropping down
217:13 here and now they're scared like oh it's
217:14 going to keep dropping
217:19 no the market rallies back up finds some
217:21 support at the new week opening got low
217:23 again and then here and I was telling
217:25 you watch look what it's doing here
217:27 during the live stream see how it's
217:29 finding support right at the uh um
217:33 middle of the opening range Gap that's
217:35 what this
217:37 is okay the opening range Gap I'm G take
217:40 that
217:41 off when you take the stuff off like
217:43 this it's like what is it doing
217:46 it's hard to discern what it is it's
217:48 trying to do and if you start looking
217:50 for indicators to give you Clues if you
217:52 start looking at the harmonic patterns
217:55 and things or retail
217:56 patterns you're placing your faith on
217:58 something that doesn't mean
218:00 but when you start looking at what
218:02 the algorithm will refer to that's what
218:04 I'm pointing you to I'm pointing to the
218:06 very reference points and I'm proving it
218:08 live these are what the reference points
218:11 that the algorithm is going to refer
218:12 back
218:12 to and it's going to behave based on
218:15 nothing else and then what does price do
218:18 everything that he
218:21 says and for people that don't want to
218:24 see me do this and they want to watch me
218:26 fail in front of you it kills them they
218:28 punch the air it makes them mad
218:31 and I love it cry harder
218:34 and the market rallies up comes
218:37 back down small little retracement this
218:39 is the old relative equal High which is
218:42 now as it retraces is what it is a
218:45 discount count array so old highs is is
218:47 the highest form of a premium array old
218:51 lows are the um I said that wrong I'm
218:55 sorry old Highs are the lowest discount
218:58 array it sounds like an oxymoron how can
219:00 an old high because if you're above it
219:02 and trading back down think CL in this
219:05 regard think classic support and
219:06 resistance old Highs are the highest
219:16 discount array old lows are the lowest
219:20 premium
219:21 array so if you have a reference of how
219:24 what where where the Market's going to
219:26 draw to up or down every time you breach
219:29 a PD array you got to look back at the
219:31 range at just travel through and map out
219:34 each PD array did you miss a PD array
219:37 not being traded to did it totally
219:40 disregard it that's a good thing that's
219:44 a good thing that means you're on side
219:46 all those things are indicative that
219:47 you're on the right side of the
219:48 marketplace so the answer the question
219:50 in continuity and what I was referring
219:52 to last Friday when I saying when people
219:53 are asking me how do you hold on to
219:55 trades how do you trust trading and
219:56 catching big moves well I talked a lot
219:58 about that I did a clinic on it
220:01 today and the market trades back down in
220:04 relative equal
220:05 lows sweeps it doesn't touch the uh new
220:09 week opening Gap here high and now we're
220:11 just Manning around and this is a 15sec
220:14 chart
220:16 breaks down where's the trade back into
220:18 new week opening Gap High what time of
220:20 day is this we're in lunch so what can
220:22 the lunch uh Market time do retrace on
220:25 what's been profitable so it goes back
220:28 against what was been underway in terms
220:30 of higher prices or lower prices so it's
220:32 going to seek the sell stops on moves
220:34 that's been going up or it's going to
220:36 seek the buy stops on moves that's been
220:37 going
220:41 lower look at the reaction off of that
220:43 and where we're at here
220:46 I mean if if if you don't extend the new
220:50 week opening gaps on your chart and keep
220:52 them on there for a few weeks you're
220:54 really you're trading blind like you
220:57 have no idea why the Market's doing what
220:59 it's doing and if you're indicator or if
221:01 your idea if your elbow last time you
221:03 had tennis elbow the market went up
221:05 whatever the logic is that you
221:07 use whatever it is if it agrees with my
221:10 stuff your stuff's going to work then
221:13 and you can say that's arrogant or not
221:14 but that's truth that's what
221:17 makes your stuff work when it happen to
221:18 be in those fleeting moments where it's
221:20 in agreement with what I say the
221:22 Market's going to do and then there it
221:25 go now
221:27 imagine now imagine you have done the
221:32 due diligence of studying and
221:34 price reading like we're doing tape
221:36 reading and defining certain things
221:39 getting familiar with certain
221:41 logic when you s when you sign up to
221:43 learn a language
221:45 like I went through uh Spanish one and
221:47 Spanish 2 and uh I know a little bit of
221:51 Arabic I know a little bit of
221:55 uh Spanish that's pretty much it um
222:00 there those are the two languages that I
222:02 uh I learned from and when I was working
222:04 for an Arabic family uh I learned all
222:07 the bad words first obviously because I
222:10 want to know when they're cussing me out
222:11 behind my back and then uh I learned the
222:14 Casual stuff
222:19 and when you sit down with
222:21 me and you want to learn how to read
222:24 price action and you want to be able to
222:25 read price action and do the executions
222:27 like you watch me do and you want to see
222:29 me share this logic in a way that's
222:32 straightforward easy real fast I want
222:35 you to think about say you're say you're
222:37 F and you want to learn to speak English
222:40 and a lot of my students actually chose
222:42 to learn how to speak English because of
222:44 wanting to learn from me this and now
222:46 they can speak English because they have
222:49 been so inspired to learn how to trade
222:51 they forced themselves to learn English
222:53 so that way you can listen to
222:56 me did that come
222:58 easy no way when you learn another
223:01 language it takes time and it's very
223:05 difficult especially the English
223:07 language because we have words that
223:08 shouldn't sound like other words that
223:10 spelled completely different like w w o
223:14 d and then you have w l d what yeah it's
223:20 very confusing and if you have time you
223:22 can look on YouTube look at Gallagher
223:25 he's a he's a a very funny uh comedian
223:29 and he's very popular for taking this as
223:32 a skit idea and makes fun of our English
223:35 language and it's like who the hell
223:36 designed this this is dumb but it really
223:38 is true I'm thankful that I had learned
223:40 English initially because I think I
223:42 would have been treating it like I did
223:43 when I was trying to learn French or I I
223:45 tried to learn chinesee and that's a
223:47 really hard language I tried to write
223:49 and read Arabic that's very hard too
223:52 it's beautiful to read like I love the
223:54 way it looks it's
223:55 beautiful but it was hard enough just to
223:57 learn to to speak a little bit of it and
223:59 I'm not that fluid with it but I can get
224:01 myself through a little bit of a
224:02 conversation but
224:04 uh learning a language like this is not
224:07 going to be easy it's not going to be
224:09 rightaway type results okay it's it's
224:11 going to take time it's going to feel
224:13 like you're never going to get there but
224:15 I'm giving you the best way like if
224:18 you're going to learn a language work
224:20 around people that speak that language
224:23 and because of the exposure to
224:25 it when I was working at a restaurant in
224:27 the Arab family that I worked
224:29 for they would speak in Arabic and then
224:33 they would say in English so I would
224:34 know what they were doing and I I would
224:36 hear him or them say the words and then
224:39 over time I'm like oh yeah he's saying
224:41 are they rung up yet did they pay yet um
224:45 is this done how many more left this is
224:49 not complete you know or hand them this
224:51 and hand them that and it was monotonous
224:54 for them but they were nice enough to do
224:55 that so I could I could learn Arabic and
224:59 that's the equivalent of what I'm doing
225:01 I use the real world experience of me
225:03 learning while
225:04 working I'm over top of live price
225:07 action with you just like I am with my
225:09 son so I'm showing you things as the
225:11 price is happening to be delivering
225:14 higher or lower around specific levels
225:15 that I think are important that are
225:16 pertinent to the ideas that I teach and
225:19 I draw your attention to the moments
225:21 where you're met with a
225:24 decision does it continue or is it
225:27 likely to reverse or is it done for the
225:30 day and I share my experience in in 30
225:33 years of doing this with you real
225:37 time there really is no better benefit
225:41 than having someone that is willing to
225:42 do this I would have saw my left
225:45 leg off as a 20-year-old when I had all
225:47 that money lost and draw down and just
225:49 feeling like I want I wanted to end
225:51 myself literally I wanted to end myself
225:54 because I was like why did I even start
225:56 doing this I'm never going to be able to
225:58 get it like it's just I don't have
225:59 anybody to lean on nobody can help me
226:02 nobody believes in me my family thinks
226:04 it's never going to work my friends are
226:05 like you know I don't get why you keep
226:07 doing it so I had no support structure
226:11 around me you have such a wonderful
226:15 opportunity just to sit here and watch
226:18 even if you don't really want to learn
226:19 what it is I'm doing I promise you that
226:22 if you're watching price in you're
226:23 trading you're going to see something
226:24 you didn't see or expect in what you're
226:27 watching and it might protect you it
226:31 might change your mind about something
226:32 you may be overhanded and like you're
226:34 really really bearish and you're holding
226:36 a really big short position and I'm
226:37 saying and watch this level it's
226:39 probably gonna send us up to that level
226:41 when when I do that in the live streams
226:43 you have my permission to try to protect
226:45 your ass because if you're on the other
226:46 side of me calling this stuff in the
226:48 live stream you're probably going to
226:50 lose your ass and I mean that not to be
226:53 bragging not to hurt your feelings not
226:55 to be arrogant I mean it wholeheartedly
226:58 because I'm doing this for my son I'm
226:59 not gonna I'm not going to blow smoke up
227:01 his ass I'm not trying to deter him from
227:04 learning the shortest route and
227:06 directional way to get right to the end
227:07 of the conversation of knowing what to
227:09 do I'm trying to make
227:12 it complete
227:15 I'm
227:16 also showing him the levels that he has
227:19 to understand in a graduated
227:22 Manner and it's up to you to decide
227:24 whether or not you want to be a part of
227:25 it like I said I don't care if there if
227:27 it's one person that watched it I know
227:28 it's my son and I'm going to keep doing
227:30 it No One's Gonna Stop Me if you don't
227:33 put thumbs up I don't give two I
227:34 really don't care you can do it thumbs
227:36 down I don't give a I'm still gonna
227:37 keep doing this I'm gonna do it because
227:39 he wants to learn and I want him to
227:42 learn the correct way and there's no
227:44 better way way than Dad sitting out here
227:46 doing it with a live chart recording it
227:48 so that way it's recorded it's it's
227:50 logged it's archived and even if
227:53 something bad happened and I and I lost
227:56 my laptop the recordings that are on it
228:00 don't matter because I have it on an
228:01 external archive it's on YouTube and
228:03 there's Witnesses all around the world
228:05 seeing me do it seeing that it works
228:07 seeing that the logic is the same stuff
228:09 it's not being bent and twisted and
228:11 contorted it's there and now to the last
228:15 question before I go grab something to
228:16 eat a Reaper fair value Gap just because
228:20 I introduced it don't think you know it
228:23 don't think because I showed my deuce
228:26 you think you know everything okay there
228:29 are certain little things that change in
228:33 price that make it one thing or the
228:35 other every fair value Gap is not the
228:39 same if they share the same space of
228:42 another PD it changes its character
228:45 it changes it it makes it something else
228:49 again you don't know what the
228:51 you're talking about okay so stop trying
228:53 to teach and trying to call it something
228:55 else it's not and when you question me
228:57 about what I'm annotating on my chart
228:58 unless I come back and say I messed this
229:00 up I mess and I've done that like I've
229:01 said um I referred to a market maker
229:04 sell model when it was really a buy
229:05 model and or I referred to a second
229:08 stage uh distribution when it was
229:10 clearly going up and that's
229:12 reaccumulation second stage
229:13 reaccumulation
229:15 because I'm out here without script and
229:17 I'm going to do it eventually in the
229:18 future I'm going to say something that
229:19 slips that's a slip of the tongue but
229:21 that is a Reaper fair value Gap that I
229:24 showed the other day and I told you to
229:26 project it through extend it
229:29 through and how many times it used it
229:31 key takeaway what is August
229:36 1st first day of the
229:39 week what
229:41 time did that Gap get referenced
229:48 it happens every single
229:51 month because the algorithm will go back
229:54 to a specific date what date would it
229:57 use first trading Day first day of
230:01 week
230:03 Wednesday previous
230:07 Friday that's not all of them but I'm
230:11 proving that there is an algorithm and
230:13 it's going back to days
230:16 specific why because it has to go back
230:20 to a frame of reference we're in a new
230:21 month okay what month are we in
230:24 August well let's go back to the first
230:26 day of
230:27 August use the first pertinent PD aray
230:30 of
230:31 August carry it through your chart and
230:34 you're going to see that you never
230:35 saw before that's all I'm going to tell
230:38 you now the rest of stuff will be in the
230:39 book but when I give a spe a specific PD
230:44 in an it as long as I don't come back
230:46 the day after because I have made
230:47 mistakes before I've I've miscued
230:50 miscalled something and it's just human
230:51 error like I have a Biden movement once
230:53 in now once in a while it's just you're
230:55 gonna have it too and every live
230:57 streamer I've ever watched they' they've
230:59 said that I don't think they
231:00 realized it but if they go back in their
231:02 recording and say oh you know why I
231:04 didn't say that it was backwards it was
231:05 but I get it and if you're a mature
231:06 audience member you know you know what a
231:09 market maker buy model is if you've been
231:10 around the block with me and if it's
231:12 going up it's not distribution that's
231:13 reaccumulation so it's just an innocent
231:16 type thing but that was an absolute re
231:19 uh Reaper a Reaper is a Scythe
231:22 it literally cuts through the whole
231:25 month and makes it so tradable
231:28 where any opportunity you see where you
231:30 can engage that one as long as it
231:32 matches time of day when the market
231:34 should deliver it's just obvious it's
231:36 just a real easy that's that's one of
231:38 those times when you ask me how do you
231:39 know which one which which fair value
231:41 you got to use well that's one of them
231:43 because it has to be anchored to a
231:44 specific
231:45 day that is Meaningful first day of
231:47 month first day of week what's the first
231:50 fair value Gap that forms after
231:52 930 on a Monday draw that out
231:55 through the time over the course of your
231:57 week and the
232:01 month oh this is too good I'll give you
232:03 too much I'm giving too much away
232:06 what the hell I'm gonna have to open up
232:08 a mentorship I'm never going to be able
232:09 to eat again how am I going to give how
232:10 am I going to keep giving this sit away
232:12 for free how can how can I make my ends
232:14 me if I keep giving it away for free
232:17 right oh anyway I've had so much fun
232:20 with you all today I spent my time Way
232:22 Beyond what I want to spend so tomorrow
232:25 we're going to try to be a little bit
232:26 more economical and focus just on a 9:30
232:28 to 10:30 hour because I want to keep
232:31 keep my son's focus into that little
232:33 time window okay and I may leave you
232:36 with things to annotate and watch going
232:37 throughout the rest of the day but
232:40 Tuesday through Friday through the rest
232:41 of this week we're just going to be
232:43 doing one hour sessions I don't know
232:45 which day this week we're going to do
232:47 two sessions in the afternoon I'm I'm
232:49 leaving that open because I have to rely
232:51 on my wife to to tell me what that is we
232:54 have family members visiting us
232:57 and I have to navigate that so I want to
233:00 make sure that I tell you in advance
233:02 it's not because I got a a bruised ego
233:04 and I did something wrong on the stream
233:05 I had to close it I'm telling you in
233:06 advance that they're going to be shorter
233:09 because I have to make allowances for my
233:11 personal family time but still force my
233:13 son into studying
233:14 that individual trading day Okay so
233:17 until I talk to you tomorrow we'll be
233:19 back again at quarter after 9: tomorrow
233:22 New York Standard Time and uh we'll end
233:25 it tomorrow around 10:30 and I'll talk
233:27 with you all then Lord willing until
233:29 then be safe