0:00 welcome welcome
0:02 uh welcome to boot camp day who knows
0:06 what last day of Our Fair Value Gap
0:09 section
0:10 um I watched over
0:12 the second video and it wasn't as bad as
0:15 I thought it was
0:16 um so we're going to leave that one
0:18 there and then honestly this video there
0:20 isn't too much to cover besides kind of
0:22 recapping what we talked about in the
0:24 first two episodes that's kind of what
0:25 the third one is for just a whole recap
0:27 and then showing how we can put
0:29 everything together with it so um I do
0:31 think the second one was good enough and
0:33 we'll go a little bit more in detail
0:35 today on how we can use fair value gaps
0:37 but hey
0:39 we know why we want to use fair value
0:42 gaps we know why they're beneficial in
0:43 the market we know why the market reacts
0:45 off of them
0:47 um and we also know how to spot them
0:49 okay so with that being said today is
0:52 pretty much just going to be a quick
0:53 overview okay and then kind of putting
0:55 it all together how we can you know
0:57 actually use them to make money
1:01 um and honestly today's trade that we
1:03 took was a perfect example of it so
1:06 let's Jump Right In you guys
1:08 um so to start off okay this is going to
1:10 be
1:11 this is going to be a lot because we're
1:14 starting to put things together now and
1:15 it's no longer
1:17 this is what a liquidity sweep is it's
1:19 what a trend is it's like okay we have a
1:21 trend we have a liquidity Suite we have
1:22 a break of structure we have a fair
1:23 value Gap and now that you have these
1:25 Concepts I'm going to move forward as if
1:27 you guys unfully understand these things
1:29 okay so if you don't fully understand
1:31 them that's up to you to go back
1:33 re-watch the other videos I've made on
1:35 them re-watch the boot camp videos that
1:37 I made on them re-watch the old old
1:39 videos that I made on these Concepts so
1:41 you guys can be up to date remember
1:42 there's no there's nothing bad about
1:45 putting in extra work
1:47 okay so with that being said
1:49 here we go
1:51 today was a a prime time example of
1:54 using a fair value Gap okay so as we can
1:57 see here right we were in a small little
2:00 uptrend on the S P 500 we then proceed
2:04 to break structure on the 15 minute okay
2:07 and what do we get left with after this
2:11 break of structure
2:12 right we see a big imbalance within here
2:17 we see this for Value Gap is there a
2:18 fair value Gap within here no because
2:20 this Wick overlaps with this one is the
2:22 they're a fair value Gap within here no
2:24 because there's this wig overlaps with
2:25 this one this is the only fair value Gap
2:27 we saw okay scaling down
2:32 where is Market open and we'll talk
2:34 about the value that market open gives
2:37 us later once we've covered all the
2:39 building blocks but
2:41 we have Market open right here wait why
2:44 is this not right
2:50 oh yeah no that was correct we mark it
2:53 open right here
2:54 okay so we saw that breakup structure on
2:57 the 15 minute and then we see price
2:58 start to Rally back up into here this is
3:01 all during pre-market okay so we see a
3:03 tap into there a break of structure it
3:05 falls but we're not even looking at this
3:08 because we're fast asleep or at the gym
3:10 waiting for Market to open okay because
3:13 we we're not going to take any trades
3:15 that aren't off of Market open
3:17 okay or aren't after market open okay so
3:20 we see price come into this imbalance
3:22 this 15 minute imbalance we see regular
3:25 structure here okay rally back up
3:27 breakup structure here now okay we come
3:29 down make a lower low than this one okay
3:31 so we can kind of like confirm that okay
3:33 maybe we're trending down now okay and
3:36 then we see Market open
3:38 and we see a push up into this
3:41 another imbalance
3:44 within here so what did I do
3:48 I scaled down onto the one minute time
3:51 frame
3:52 and all I was waiting to do because now
3:54 we have two confirmations right we have
3:56 high time frame breaker structure trench
4:00 Trend shift okay then okay we see the
4:04 imbalance on the high time frame get
4:06 filled what do we do scale down to a
4:08 lower time frame boom we see a break of
4:11 structure okay now what are we doing
4:13 scaling down to an even lower time frame
4:15 getting a prime time entry okay we mark
4:18 off that five minute imbalance we see it
4:20 gets pushed up into here right right as
4:23 Market opens okay then we get a break of
4:27 structure right here off of this candle
4:29 close Okay boom you can enter into short
4:33 position off of that I had targets
4:36 um at this liquidity down here and then
4:38 also at this um little I guess you could
4:40 call it an order block right and both of
4:42 those take profits ended up getting hit
4:43 before the rest of our position got
4:45 stopped out at break even so hopefully
4:48 with that explanation we'll do a couple
4:49 more gives you Insight on how to use
4:52 these imbalances remember we are not
4:55 entering when these get hit or when or
5:00 right we're not entering right when like
5:02 price pushes up into here because right
5:03 if we did that right here we would have
5:06 got soft out right if we entered just
5:07 off of you know break of structure off
5:10 of you know this thing we would have got
5:11 stopped out I really like to use these
5:14 as like
5:16 my patient entry so essentially with
5:20 imbalances all I like to do with these I
5:23 use them for retracements so let's say
5:25 we get a liquidity sweep a break of
5:27 structure and and Market dumps right and
5:30 it doesn't give us a good risk reward so
5:32 we want we want to wait for a better
5:34 trade how can we wait for a better trade
5:36 we wait for a retracement into a fair
5:38 value Gap scale down to a lower time
5:40 frame and then find a break of structure
5:42 off of that because that's confirming
5:44 that okay price is going to continue in
5:46 the right direction
5:47 make sense
5:49 okay let's let's do a couple more
5:50 examples of of seeing how these work
5:57 okay so right here
6:00 on GJ
6:02 we have High time frame highs right up
6:05 here correct then what happens we get a
6:08 break of structure on the 15 minute we
6:11 get a sweep of liquidity a break of
6:13 structure on the 15 minute we have
6:15 multiple fair value gaps here we have a
6:17 fair value Gap
6:19 right here
6:21 and we also have one right up here
6:24 again Mark out both see how we want to
6:27 find a reaction okay
6:30 scale down into a lower time frame okay
6:33 we see the five minute okay break
6:36 structure to the upside that means okay
6:38 cool that means we're going to retrace
6:40 on the 15 minute when we see breakup
6:41 structure on the five minute that
6:42 doesn't mean oh complete Trend shift
6:44 that just means all right we'll probably
6:46 be retracing on the 15 minute because
6:48 the 15 minute broke structure the one
6:50 hour broke structure we're showing
6:52 bearish confirmation on higher time
6:54 frames than the five minutes so this
6:55 breaker structure to the upside is
6:57 telling me we are getting a retrace
6:59 we are retracing on the higher time
7:02 frames okay we see the the first
7:04 imbalance get filled what happens after
7:07 that boom break of structure off the
7:09 five minute how would we enter off of
7:11 that short position off of here stop
7:14 above these highs right okay where can
7:18 we target previous areas of liquidity we
7:20 could Target right here we can Target
7:22 this accumulation within here wherever
7:26 we want right liquidity all the way down
7:28 here
7:29 um and right all of these end up getting
7:31 hit
7:32 you know following this right there was
7:34 a big imbalance and there was a big
7:36 accumulation area down here on the uh
7:39 the one hour and the four hour all the
7:41 way down here this would have been a
7:42 great trade to take all off of just boom
7:45 right these two the literally three
7:47 simple Concepts that we've learned
7:49 liquidity sleep brake structure
7:51 imbalance fill break of structure see
7:54 how we can start grabbing pieces of our
7:57 building blocks from a strategy and we
7:59 haven't even gone over these steps of
8:01 our strategy yet we haven't even gone
8:03 over that yet and we can already start
8:06 taking these pieces and putting them
8:07 together to form a bias to form actual
8:10 um you know like understand where Market
8:12 wants to go and we don't even have a
8:13 strategy yet we don't even have our
8:15 executions down yet
8:17 right this is this is valuable stuff
8:19 okay so boom that's another example
8:24 let's go into GBP USD
8:29 oops
8:34 as you can see I marked out a little
8:36 imbalance within here
8:37 that we just filled I'm going to
8:39 actually remove all these drawings
8:41 though
8:43 so we can talk about it let's see
8:49 let's see if we can find a fair value
8:52 Gap getting filled
9:02 this is a perfect example
9:06 okay right here on the four hour again
9:09 right this is applicable to every single
9:12 time frame four hour we get a break of
9:14 structure okay we see an imbalance right
9:18 here
9:21 we also see an imbalance within here
9:24 okay what are we looking to do we're
9:27 looking to right
9:29 scale down into a lower time frame we
9:31 know that we broke structure so that
9:33 means at least we're going to have some
9:34 sort of you know move down okay we're
9:37 looking for a retracement okay we see
9:39 price rally all the way up in through
9:43 this past it right the second we push
9:45 past this no longer considering it okay
9:48 I no longer want it all right it's not
9:50 of interest to me okay then what else do
9:53 we have in line with this imbalance
9:55 right here we have liquidity liquidity
9:57 lying right here break of structure on
9:59 the four hour along with the imbalance
10:01 this looks perfect what does gold do
10:03 Spike up into that liquidity area
10:09 Spike up into the liquidity area boom we
10:12 get a break of structure on the 15
10:13 minute that is kind of drastic all the
10:15 way down here okay either you can short
10:20 off of this break of structure right
10:22 here
10:24 okay Target previous areas of liquidity
10:26 down here maybe the accumulation that
10:28 caused the rally up that was from right
10:30 here whatever you want to do maybe
10:32 Target the imbalance the start of the
10:34 imbalance right here the 50 of the
10:36 imbalance the end of the imbalance right
10:37 here whatever you want to do this is
10:39 just showing right we see the imbalance
10:41 get filled we see liquidity again two
10:44 building blocks liquidity getting taken
10:46 out imbalance getting filled boom Market
10:48 Falls okay you also could have scaled
10:50 down to even smaller time frame like the
10:53 five minute yeah you didn't even get a
10:55 break until
10:56 same area on the 15 minutes up
10:59 again another example of this working
11:04 let's find another example on a smaller
11:07 time frame
11:08 hopefully you guys are starting to piece
11:10 this together
11:11 start to figure out you know
11:13 okay this is how we can use this to our
11:16 to our advantage okay right here
11:19 right I'm literally just eyeballing this
11:21 stuff you know seeing whatever I see
11:23 right here we get a one hour break of
11:25 structure the upside let's look at the
11:27 high time frame okay we're bullish
11:28 because we got that daily break of
11:30 structure at the upside up here okay we
11:32 see price drag on down fill into this
11:34 accumulation that caused the rally up
11:36 all right and we'll talk about
11:37 accumulation and distribution later in
11:40 this course as well okay so we see a
11:42 breaker structure of the upside okay we
11:44 see price coming back down okay if we go
11:47 to the four
11:49 we go to the four hour we can see boom
11:52 we have this imbalance right within here
11:57 we see price boom break structure fall
11:59 back down within here we also have
12:03 one hour imbalance right in here and
12:05 honestly this is the one that I would
12:07 prioritize due to the fact that we can
12:09 see hey this one hour Wick fills all the
12:12 way up to pretty much this Wick so this
12:15 isn't even an imbalance we're waiting
12:16 for it to come down in here what does
12:18 price do come in here what can we do
12:20 scale down onto a lower time frame
12:22 maybe 15 minutes since we're on the
12:24 hourly
12:26 okay what are we waiting for you know
12:28 Trend shift Trend change okay we do get
12:31 a right a move here breaking structure
12:33 right here
12:34 what would I ideally want you know
12:37 probably for this liquidity to get taken
12:40 out right because as we start scaling
12:42 lower and lower we can see okay
12:44 from
12:46 from here and up that's not where the
12:48 imbalance is because this Wick filled
12:51 the imbalance where's the imbalance from
12:52 actually
12:55 right here from this Wick to here right
12:57 this is where the imbalance was this is
12:58 where we were not able to get filled
13:00 okay so we see here boom we're gonna
13:02 break the structure probably faking
13:04 people out and right if we scale down to
13:06 the one hour
13:12 uh where where was that
13:14 [Music]
13:14 um
13:17 whatever oh yeah if we scale down to the
13:18 one hour this boom it's just one hour
13:20 candle up we didn't get very much conver
13:22 uh very much confirmation on this this
13:25 looks like a sort of re retrace on the
13:28 hourly however we do see boom doji
13:31 candle okay
13:32 what is that telling us okay remember we
13:36 talked about candlesticks on that on
13:38 that uh on literally like our second day
13:40 doing this we talked about those doji
13:42 candles talking about
13:44 indecision in the market right we see
13:46 indecision within here okay we don't get
13:48 a we don't get a breaker structure here
13:50 we don't get a break of structure here
13:51 we don't get a break of structure here
13:53 boom we finally get the break of
13:55 structure right here on this Candlestick
13:57 and that honestly looks like that's when
14:00 the hourly broke structure as well so
14:02 that's two breaks of structure yup broke
14:04 structure or actually Road structure
14:07 um
14:10 Road structure with this Candlestick so
14:12 I guess you would have gotten in a bit
14:13 earlier
14:14 but still same thing we see brake
14:16 structure okay we see a rally on up okay
14:19 maybe our first take profit is up here
14:22 maybe you get scared because price comes
14:25 up a little bit
14:26 misses your misses your first take
14:28 profit
14:30 scares you dips down one more time into
14:33 this fair value Gap filling the
14:34 imbalance once again price rips takes
14:37 out previous liquidity and then in turn
14:39 fills the imbalance that we had within
14:42 here as you can see imbalance gets
14:44 filled what do we get smaller small
14:47 reaction then what happens imbalance
14:49 right here
14:50 boom gets filled brake structure rally
14:54 higher what happens next we target this
14:56 area of liquidity see how fluid this
14:59 moves
15:02 see how fluid this is
15:04 it is Clockwork once you start
15:06 understanding these Concepts I was
15:09 literally able to flow through [ __ ]
15:13 swimming through that shark
15:16 going over it obviously it's easier to
15:18 do in hindsight which is why we got to
15:20 practice and which is why you know we
15:23 gotta get experience in watching these
15:25 happen live okay
15:28 but you will be able to spot these
15:31 things and you will
15:33 be able to actually take trades off of
15:35 these once you start getting a feel for
15:37 them once you start getting used to see
15:38 how these markets move
15:40 okay I literally just laid out like six
15:42 five to six trades that were [ __ ]
15:46 baby food okay for imbalanced plays and
15:49 I don't even really like taking a lot of
15:51 Trades off of imbalances
15:54 to me imbalances are mainly used for
15:56 retracement tools to figure out where
15:58 Market wants to retrace to and then from
16:00 there I find other reasoning on why I
16:01 want to get in whether it's an order
16:03 block whether it's a break of structure
16:05 whether it's a liquidity sweep within an
16:07 imbalance then a breaker structure
16:09 I use it as more of a confirmation
16:11 rather than an entry
16:13 okay so that being said hopefully that
16:18 gives you guys a solid understanding of
16:20 fair value gaps and the next concept we
16:23 are going to move on towards is order
16:25 blocks okay we have liquidity sweeps
16:28 done break of structure done fair value
16:32 gaps done now on to order blocks we're
16:35 going to do the same thing part one part
16:37 two and then part three putting it all
16:39 together part one explaining it part two
16:41 spotting it in part three putting it all
16:42 together how we can use it as a trade
16:44 and a man we are starting to get a lot
16:48 of these pieces together after
16:50 um order blocks we'll go into
16:51 equilibrium and then from there it's
16:54 strategy time and you're probably
16:56 thinking damn man we're like getting
16:57 close to the end no we're not no we are
17:00 not because there's still a lot more to
17:02 talk about there's still a lot more to
17:03 talk about than just strategy and
17:05 obviously that's why we're flip-flopping
17:07 back and forth between psychology and
17:09 this trading stuff so hopefully
17:12 it's been two weeks now hopefully you
17:14 guys have seen an improvement on your
17:16 mental your mental discipline and if you
17:18 haven't
17:19 and you haven't been following
17:21 everything that we've been doing in the
17:22 boot camp if you haven't been doing your
17:23 homework
17:25 maybe that's something you need to get
17:26 on maybe that's something you need to
17:28 start doing okay to start improving
17:30 yourself all right with that being said
17:32 that's it for me that's it for fair
17:35 value gaps I'll see you guys tomorrow
17:36 we'll talk talking more on psychology
17:38 talking more on discipline and then the
17:41 day after that we'll get started with
17:42 order blocks all right hopefully you
17:44 guys learned something from this I'll
17:45 see you boys tomorrow
Chrome Extension